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• <br />imercza Standard gnsurance Companyr <br />A Corporation of Fort Worth, Texas (herein called the Company). :> :D <br />r.. <br />✓alue Received DOES HEREBY GUARANTEE To ARLIE W. BRANTLEY AND WIFE, A. JANIE <br />ANTLEY <br />-rein styled assured, their heirs, executors and administrators, that the y ha ve good and <br />Indefeasible title to the following described real property: <br />" Lot One Hundred Sixty One (161), in Block Ten (10) of SPENWICK PLACE, SECTION TWO <br />(2), an addition in Harris County, Texas, according to the map or plat thereof record? ' <br />ed in Volume 48, Page 11, of the Map Records, Harris County, Texas, said property <br />being particularly described in Deed dated December 2, 1965, from M. D. Ray and Franee� <br />D E. Ray to the insured herein. :..� <br />p subject to: ''-5` <br />_s 1. Following liens: N 1:>. •'; <br />N :> <br />.;D E <br />2. Restrictive covenants affecting the property above described. <br />3. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or any overlapping of ' <br />' improvements which a correct survey would show. > " <br />0, 4. Taxes for the year_L414 and subsequent years. <br />6. Rights of parties in possession. <br />6. Five (5) foot ground public utility easement over the rear, and five (5) foot '= ? <br />aerial easement adjoining all ground easements as shown on the recorded plat of said';;>••T <br />addition. <br />t 7. Fifteen(15) foot drainage easement on either side of all gullies, ravines and=?`y <br />of atural d'laint§Q %parses as shown thn the recorded plat of said addition. Z>' ' `did Company sha 1 not lia a 11, a greater amount than actual monetary loss of assured, and in no event shall said <br />Company be liable for more than THREE THOUSAND AND N01100 - - Dollars, <br />z> <br />Iand shall, at its own cost, defend said assured in every suit or proceeding on any claim against or right to said land, or <br />any part thereof, adverse to the title hereby guaranteed, provided the party or parties entitled to such defense shall, i <br />:D within a reasonable time after the commencement of such suit or proceeding and in ample time for defense therein, give <-�.. <br />said Company written notice of the pendency of the suit or proceeding, and authority to defend, and said Company >4 .� <br />sshall not be liable until such adverse interest, claim, or right shall have been held valid by a court of last resort to a <br />which either litigant may apply, and if such adverse interest, claim, or right so established shall be for less than the <br />whole of the property, then the liability of the Company shall be only such part of the whole liability limited above as <br />shall bear the same ratio to the whole liability that the adverse interest, claim, or right established may bear to the <br />whole property, such ratio to be based on respective values determinable as of the date of this policy. In the absence '• <br />:f notice as aforesaid, the Company is relieved from all liability with respect to such claim or demand; provided, how- };>!•' <br />�«, that failure to notify shall not prejudice the claim of the assured, if such assured shall not be a party to such ,. <br />_,on or procedure, nor be served with process therein, nor have any knowledge thereof, nor in any case, unless the i > •y <br />-.nany shall be actually prejudiced by such failure. <br />Upon payment of any loss hereunder, the Company shall be entitled to be subrogated to all rights of assured against -..:er parties. <br />1pon sale of the property covered hereby, this policy automatically thereupon shall become a warrantors policy and ;;> •� gyred, his heirs, executors and administrators, shall for a period of twenty-five years from date hereof remain rotected according to the terms hereof, by reason of the payment of any loss he or they may sustain on account <br />warranty contained in the deed executed by assured conveying said property. The Company to be liable under :> <br />...nty only by reason of defects, liens or encumbrances existing prior to or at the date hereof (and not excepted <br />uch liability not to exceed the amount above written. _ <br />,ag contained in this policy shall be construed as insuring against loss or damage by reason of fraud on the > <br />assured; or by reason of claims arising under any obligation of the assured; or under any act, thing, or <br />-nship, done, created, suffered or permitted by the assured. <br />'NESS WHEREOF, this Company has executed and attested these presents; but this policy shall not be <br />countersigned by the duly authorized Agent or Representative of the Company. }:> <br />n ��'•- i (SEE REVERSE SIDE HEREOF) <br />