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<br />~ ~ imercza~ e~tanc~arcl ~nsurance ~F'-
<br />~om- any ~:>
<br />A Corporation of Fort Worth, Texas (herein called the Company). ~ ~ iF:>%~
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<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: ``•~
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<br />"'~ Lot One Hundred Sixty One (161), in Block Ten (10) of SPENWICK PLACE, SECTION TWO .
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<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 Frane~~:
<br />`=~ E. Ray to the insured herein.
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<br />~;~ subject to: ,
<br />~~ 1. Following liens: N ;3;~,",
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<br />2. Restrictive covenants affectin the ~'~ ~`
<br />;~ g property above described. ~°
<br />,.;5 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 />:~ 4. Taxes for t]te year~l.~•_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 F>~A
<br />a aerial easement adjoining all ground easements as shown on the recorded plat of said ~~:
<br />addition. L,~ , q
<br />~~ 7. Fifteen(15) foot drainage easement on either side of all gullies, ravines and ~>.,''
<br />ott~e~d~atural d~'ain$~g purses as shown ~n the recorded plat of said addition. Z>-
<br />ompany sha 1 not lia e m a greater amount t an actual monetary loss of assured, and in no event shall said T
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<br />Company be liable for more than THREE THOUSAND AND NO 100 - ""
<br />- Dollars, ~_~.:^
<br />and shall, at its own cost, defend said assured in every suit or proceedint;• on any claim against or t•igttt to said land, or :~''
<br />any part thereof, adverse to the title hereby guaranteed, provided the party or parties entitled to such defense shall, ~ "'
<br />:j? 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 t}te suit or proceeding, and authority to defend, and said Company ~~ :'
<br />shall not be liable until such adverse interest, claim, or right shall have been held valid by a court of last resort to ;1;~;
<br />~~ w}tich either litigant may apply, attd if such adverse interest, claim, or right so established shall be for less than the ..'.
<br />w}tole 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 />~j of notice as aforesaid, the Company is relieved from all liability with respect to such claim or demand; provided, how- ~;~:~.`,
<br />ever, that failure to notify shall not prejudice the claim of the assured, if such assured shall not be a party to such ;t_~';=
<br />D action or procedure, nor be served with process therein, nor have any knowledge thereof, nor in any case, unless the •.+
<br />Company 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 ~;~`
<br />p all other parties. ~~ • '
<br />Upon sale of the property covered hereby, this policy automatically thereupon shall become a wart•antors policy and ~;:~ ~:'
<br />the assured, his heirs, executors and administrators, shall for a period of twenty-five years from date hereof remain ~ =":
<br />fully protected according to the terms hereof, by reason of the pa3•ment of any loss he or they may sustain on accotmt `"'.:•:
<br />j of any warranty contained in the deed executed by assured conveying said property. The Company to be liable under ;'>•'~o
<br />said warranty only by reason of defects, liens or encumbrances existing prior to or at the date hereof (and not excepted '
<br />above), such liability not to exceed the amount above written. •;;,;~y
<br />Nothing contained in this policy shall be construed as insuring against loss or damage by reason of fraud on the Q->,: ;
<br />• part of the assured; or by reason of claims arising under any obligation of the assured; or under any act, thing, or ~;:j:~r
<br />'; trust relationship, done, created, suffered or permitted by the assured.
<br />' IN WITNESS WHEREOF, this Company has executed and attested these presents; but this policy shall not be ~"~ ,9
<br />valid unless countersigned by the duly authorized Agent or Representative of the Company. ;~:~~~
<br />~,.~~'~Op p p ~~"' ' (SEE REVERSE SIDE HEREOF) -
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