R-01-10-11-12E1 - 10/11/2001RESOLUTION NO. R- O1- 10- 11 -12E1
WHEREAS, the City desires to purchase a 0.753 acre tract of land
for additional right -of -way for the CR 113 Project, and
WHEREAS, Champion -Meier Assets, Ltd., the owner of the property,
has agreed to sell said property to the City, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the Mayor is hereby authorized and directed to execute on
behalf of the City a Real Estate Contract with Champion -Meier Assets,
Ltd., for the purchase of the above described property, a copy of said
Real Estate Contract being attached hereto as Exhibit "A" and
incorporated herein for all purposes.
The City Council hereby finds and declares that written notice of
the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to the
public as required by law at all times during which this Resolution and
the subject matter hereof were discussed, considered and formally acted
upon, all as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended.
RESOLVED this llth day of Octg 001.
hoc,
ROB A. STLUKA, J1., Mayor
AT _ ST: City of Round Rock, Texas
E LAND, City Secretary
s, QDMA\ WORLDOX\ OAWDOX \RESOLVII \R1101181.WPD /OC
STATE OF TEXAS
COUNTY OF WILLIAMSON §
REAL ESTATE CONTRACT
THIS CONTRACT OF SALE ( "Contract ") is made by and between Champion -
Meier Assets, Ltd., of 405 Almerian Drive, Austin, Texas 78746, (referred
to in this Contract as "Seller ") and the CITY OF ROUND ROCK, a Texas Home
Rule City of 221 E. Main St. Round Rock, Williamson County, Texas
(referred to in this Contract as "Purchaser "), upon the terms and
conditions set forth in this Contract.
1.01 By this Contract, Seller sells and agrees to convey, and
Purchaser purchases and agrees to pay for, that certain parcel of land
containing approximately 0.753 acres of land situated in Williamson
County, Texas, being more particularly described in Exhibit A, attached
hereto and incorporated herein (the "Property "), together with any
improvements, fixtures, and personal property situated on and attached
to the Property, for the consideration and upon and subject to the terms,
provisions, and conditions set forth below.
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ARTICLE I
PURCHASE AND SALE
ARTICLE II
PURCHASE PRICE
Amount of Purchase Price
2.01. The purchase price for the Property shall be the sum of FORTY
FIVE THOUSAND ONE HUNDRED NINETY and no /100 Dollars ($45,190.00.)
Payment of Purchase Price
2.02. The Purchase Price shall be paid in cash at the closing.
1
EXHIBIT
"An
ARTICLE III
PURCHASER'S AND SELLER'S OBLIGATIONS
Conditions to Purchaser's Obligations
3.01. The obligations of Purchaser hereunder to consummate the
transaction contemplated hereby are subject to the consent of Seller's
lender to release the Property from its lien and financing statement, and
to the satisfaction of each of the following conditions (any of which may
be waived in whole or in part by Purchaser at or prior to the closing).
Preliminary Title Commitment
3.02. Within twenty (20) days after the date hereof, Purchaser, at
Purchaser's sole cost and expense, shall have caused Austin Title Company
(the "Title Company ") of 101 E. Old Settlers Blvd., Suite 100, Round Rock,
Texas 78664, to issue a preliminary title report (the "Title Commitment ").
Purchaser shall give Seller written notice on or before the expiration of
ten (10) days after Purchaser receives the Title Commitment that the
condition of title as set forth in the title binder is or is not
satisfactory, and in the event Purchaser states that the condition is not
satisfactory, Seller may, but shall not be obligated, to eliminate or
modify all unacceptable matters to the reasonable satisfaction of
Purchaser. In the event Seller is unable, or unwilling to do so within
ten (10) days after receipt of written notice, this Contract shall
thereupon be null and void for all purposes and the Escrow Deposit shall
be forthwith returned by the Title Company to Purchaser. Purchaser's
failure to give Seller this written notice shall be deemed to be
Purchaser's acceptance of the Title Commitment.
The closing shall be held at the Title Company on or before October
31, 2001, or at such time, date, and place as Seller and Purchaser may
agree upon (which date is herein referred to as the "closing date ").
Seller's Obligations
4.01.At the closing Seller shall:
(a) Deliver to Purchaser a duly executed and acknowledged Special
Warranty Deed conveying good and indefeasible title in fee simple to all
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ARTICLE IV
CLOSING
2
of the Property, free and clear of any and all liens, encumbrances,
conditions, easements, assessments, and restrictions, except for the
following:
(i)
General real estate taxes for the year of
closing and subsequent years not yet due and
payable;
(ii) Any exceptions approved or waived by Purchaser
pursuant to Article III hereof; and
(iii) Any exceptions approved by Purchaser in
writing.
(b) Deliver to Purchaser a Texas Owner's Title Policy at
Purchaser's sole expense, issued by the Title Company, in
Purchaser's favor in the full amount of the purchase price,
insuring Purchaser's fee simple title to the Property subject
only to those title exceptions listed above, such other
exceptions as may be approved in writing by Purchaser, and the
standard printed exceptions contained in the usual form of
Texas Owner's Title Policy.
(c) The aforesaid Special Warranty Deed will include provisions
that it is being delivered in lieu of condemnation.
(d) As provided in paragraph 9.01 below, Seller is delivering to
Purchaser possession of the Property as of the date of this
Contract.
Purchaser's Obligations
4.02 At the Closing, Purchaser shall pay the cash portion of
the purchase price.
Prorations
4.03 General real estate taxes for the then current year
relating to the Property, shall be prorated as of the closing date and
shall be adjusted in cash at the closing. If the closing shall occur
before the tax rate is fixed for the then current year, the apportionment
of taxes shall be upon the basis of the tax rate for the next preceding
year applied to the latest assessed valuation. All special taxes or
0 \ wdox\ CMMtr anep[ L\c riU mMnleierealeaL \
3
assessments to the closing date relating to the Property and then due and
payable, shall be paid by Seller. Purchaser will bear the burden of
paying any rollback taxes, if any, resulting from a change of use of the
Property.
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Closing Costs
4.04 All costs and expenses of closing in consummating the
sale and purchase of the Property shall be borne and paid as follows:
Owner's Title Policy paid by Purchaser;
Filing fees for deed paid by Purchaser;
Filing fees for release(s) paid by Seller;
Title curative matters, if any, paid by Seller;
Attorney's fees paid by each respectively.
ARTICLE V
REAL ESTATE COMMISSIONS
5.01 Seller will be solely responsible for all real estate
brokerage commissions due to any brokers representing the Seller.
ARTICLE VI
ESCROW DEPOSIT
6.01 For the purpose of securing the performance of Purchaser
under the terms and provisions of this Contract, Purchaser has delivered
to the Title Company, the sum of Five Hundred Dollars ($500.00), the
Escrow Deposit, which shall be paid by the Title Company to Seller in the
event Purchaser breaches this Contract as provided in Article VIII
hereof. At the closing, the Escrow Deposit shall be paid over to Seller
and applied to the cash portion of the purchase price, provided, however,
that in the event the Purchaser shall have given written notice to the
Title Company that one or more of the conditions to its obligations set
forth in Article III have not been met, or, in the opinion of Purchaser,
cannot be satisfied, in the manner and as provided for in Article III,
then the Escrow Deposit shall be forthwith returned by the Title Company
to Purchaser.
ARTICLE VII
BREACH BY SELLER
7.01 In the event Seller shall fail to fully and timely
perform any of its obligations hereunder or shall fail to consummate the
4
sale of the Property for any reason, except Purchaser's default, or the
failure of any condition to Seller's obligations provided herein,
Purchaser may, as its sole and exclusive remedy, either: (1) enforce
specific performance of this Contract; or (2) request that the Escrow
Deposit shall be forthwith returned by the Title Company to Purchaser.
8.01 In the event Purchaser should fail to consummate the
purchase of the Property, the conditions to Purchaser's obligations set
forth in Article III having been satisfied and Purchaser being in
default and Seller not being in default hereunder, Seller shall have the
right to (1) bring suit for damages against Purchaser; or (2) bring suit
for specific performance, or (3) receive the Escrow Deposit from the
Title Company, the sum being agreed on as liquidated damages for the
failure of Purchaser to perform the duties, liabilities, and obligations
imposed upon it by the terms and provisions of this Contract, and Seller
agrees to accept and take this cash payment as its total damages and
relief and as Seller's sole remedy hereunder in such event.
O. \vdoz \CtlRA \eranep [[ \cr113 can \meter \realest \00011040 WPp /a1a
ARTICLE VIII
BREACH BY PURCHASER
ARTICLE IX
MISCELLANEOUS
Assignment of Contract
9.01. (a) This Contract may not be assigned without the express
written consent of Seller. Regardless of the foregoing, Purchaser may
assign this Contract to the Round Rock Transportation Development
Corporation.
Survival of Covenants
(b) Any of the representations, warranties, covenants, and
agreements of the parties, as well as any rights and benefits of the
parties, pertaining to a period of time following the closing of the
transactions contemplated hereby shall survive the closing and shall not
be merged therein.
5
Notice
(c) Any notice required or permitted to be delivered hereunder
shall be deemed received when sent by United States mail, postage
prepaid, certified mail, return receipt requested, addressed to Seller
or Purchaser, as the case may be, at the address set forth opposite the
signature of the party.
Texas Law to Apply
(d) This Contract shall be construed under and in accordance with
the laws of the State of Texas, and all obligations of the parties
created hereunder are performable in Williamson County, Texas.
0, \vdox \CORK \tranaprt \cr113con \meicr \realest \00011040. /ele
Parties Bound
(e) This Contract shall be binding upon and inure to the benefit
of the parties and their respective heirs, executors, administrators,
legal representatives, successors and assigns where permitted by this
Contract.
Legal Construction
(f) In case any one or more of the provisions contained in this
Contract shall for any reason be held to be invalid, illegal, or
unenforceable in any respect, this invalidity, illegality, or
unenforceability shall not affect any other provision hereof, and this
Contract shall be construed as if the invalid, illegal, or unenforceable
provision had never been contained herein.
Prior Agreements Superseded
(g) This Contract constitutes the sole and only agreement of the
parties and supersedes any prior understandings or written or oral
agreements between the parties respecting the within subject matter.
Time of Essence
(h) Time is of the essence in this Contract.
Gender
6
(i) Words of any gender used in this Contract shall be held and
construed to include any other gender, and words in the singular number
shall be held to include the plural, and vice versa, unless the context
requires otherwise.
(j) This Contract shall be effective as of the date it is approved
by the City Council, which date is indicated beneath the Mayor's
signature below.
I represent that I have read and understood each of the terms and
conditions of the foregoing document and by affixing my signature hereto
agree to be bound thereby.
Oi \W Ox \CORK \[zanaptt \ctll] con \nie iet \tealeaL \00011040.NP0 /ale
Effective Date
SELLER:
Champion -Meier Assets, Ltd.
,/
By: Alma i(anita Champion Meier, Trustee
for Champion -Meier Management, Trust
Its: General Partner
Date: ! —/ 2 , 2001
PURCHASER:
CITY OF ROUND ROCK, TEXAS
By:
Robert A. Stluka, Jr., Mayor
221 E. Main Street
Round Rock, Texas 78664
Date:
7
FIELD NOTE DESCRIPTION FOR A 0.753 ACRE TRACT
BEING A TRACT OR PARCEL OF LAND SITUATED IN WILLIAMSON COUNTY,
TEXAS, AND BEING OUT OF AND A PART OF THE WILLIS DONAHO SURVEY,
ABSTRACT NO. 173, AND BEING OUT OF THAT CERTAIN TRACT OF LAND
CONVEYED TO JUANITA MEIER RECORDED IN VOLUME 908, PAGE 700 OF
TFIE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a point in the south right -of -way line of County Road 113, known
locally as Kiphen Road, for the northwest comer of said Juanita Meier tract, same being
the northeast corner of a 50' Private Access Easement, conveyed to Oscar M Wall, in
Volume 2064, Page 57 of the Official Records of Williamson County, Texas, for the
northwest corner and POINT OF BEGINNING of the herein described tract,
THENCE with the south right -of -way line of said County Road 113, the north line of
said Juanita Meier tract, the following two (2) courses'
1. South 88 °40'33" East, a distance of 946.67 feet to an iron rod found;
2 South 88 °40'02" East, a distance of 85.19 feet to a calculated point, for the northwest
corner of that certain tract of land conveyed to Williamson County, described as Tract
B, in Document No. 199929648, of the deed records of Williamson County, Texas,
and for the northeast corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south right -of -way line
of said County Road 113, with the north line of said Juanita Meier tract, the south line of
said Tract B, the following three (3) courses:
1. South 43 °58'26" East, a distance of 35.82 feet to an iron rod found,
2 South 88 °39'25" East, a distance of 168.52 feet to an iron rod found;
3 South 76°34'11" East, a distance of 51.34 feet to a calculated point in the arc of a
curve to the left, for the southeast corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south line of said Tract
B, crossing said Juanita Meier tract the following two (2) courses:
1. Along the are of said curve to the left a distance of 97.92 feet, said curve not being
tangent to the last described course, said curve having a radius of 950.00 feet, a
central angle of 05 °54'20 ", a chord which bears North 85 °40'02" West, a chord
distance of 97.87 feet to a calculated point;
2. North 88 °37'12" West, a distance of 1178.88 feet to a calculated point, in the west
line of said Juanita Meier tract, the east line of said Oscar M Wall tract, for the
southwest comer of this tract;
THENCE North 02 ° 27'07" East, with the west line of said Juanita Meier tract, the east
line of said Oscar M. Wall tract, a distance of 29.75 feet to the POINT OF
BEGINNING.
Containing 0.753 acres of land more or less.
Q� ae 27(0I
Randall ll 5. S. Jones Da e
Registered Professions( and Surveyor No. 4391
State of Texas
RI Surveying Inc.
1212 E. Braker Lane
Austin, Texas 78753
S.U.and Projects R2t658\docs\FIELD NOTE DESC. Meier Irectdoc
February 22, 2001
Revised: March 26, 2001
Page 1 of I
UNE TABLE
UNE
BEARING
LENGTH
1.1
588'40'02 "E
85.19'
(N89'04'00'E',
(85.191
L2
S4358'26'E
35.82'
(S48'09'33'E)
(35.68')
L3
588'39'25 "E
168.52
(N89'03'00'E)
(168.54')
1.4
576'34'11 "E
51.34'
(S78'50'00'E)
TO ACCOMPANY FIELD NOTES:
OF BECINNINC IN Rao 1
Co. Rd. 113 "Kiphen Road"
(089'04'00'E) 588'40'33'E 946.67' 946.73
N88'37'12 "W 1178.88
OSCAR M. WALL
2064/57 W.C.O.R.
RFORMED
SITUATED IN WILUAMSON COUNTY, TEXAS,
)NANO SURVEY, ABSTRACT N6.173, AND
TRACT OF LAND CONVEYED TO JUANITA
, OF THE DEED RECORDS OF WWAMSON
W.d•g 03/26/01 08■33107 AM CST
JUANITA MEIER
908/700
W.C.D.R.
CURVE TABLE
CURVE
C1
LENGTH
97.92'
RADIUS
950.00'
TANGENT
49.00'
CHORD
97.87'
DIRECTION
N85'40'02'W
DELTA
5'54'20'
TRACT "B" 0.286 AC.
WILUAMSON COUNTY
DOCUMENT NO. 199929648
(N89'04'O0'W) W.C.D.R.
(225.:637
LI Q 225.92'
C1
MTV INVESTMENTS LIMITED PARTNERSHIP
0.09 ACRES
DOC. 9608169 W.C.O.R.
LEGEND:
W.C.P.R.=WIWAMSON COUNTY PLAT RECORDS
W.C.D.R=WIWAMSON COUNTY DEED RECORDS
W.C.O.R. = WIWAMSON COUNTY OFFICIAL RECORDS
Doc. = Document
• = IRON ROD FOUND
A = CALCULATED POINT
( ) = RECORD BEARINGS AND DISTANCES
wl
of
of
CITY OF ROUND ROCK
10.00 ACRES
DOC. 9614211 W.C.O.R.
RJ
SURVEYING INC.
ENGINEERING
PLANNING
SURVEYING
1212 BRAKER LANE AUSTIN, TEXAS 78753 (512) 836 -4793
DATE: NOVEMBER 1, 2000
REVISED: FEBRUARY 22, 2001
REVISED: MARCH 26, 2001
DATE: October 5, 2001
SUBJECT: City Council Meeting — October 11, 2001
ITEM: * 12.E.1. Consider a resolution authorizing the Mayor to execute a Real
Estate Contract with Champion Meier Assets, Ltd. for rightlof- -way
for the CR 113 project
Resource: Steve Sheets, City Attorney
Julie Wolff, Legal Assistant
History: On April 12, 2001, the City Council approved an ordinance determining the
need and necessity for this acquisition.
Funding:
Cost: $45,190.00
Appraised Value: $45,190.00
Source of funds: Williamson County, 4B Corporation and Developers
Outside Resources: Randall Jones Engineering, Sheets & Crossfield, P.C.
Impact: N/A
Benefit: Improved mobility on CR 113 and new waterline.
Public Comment: Several meetings with affected property owners.
Sponsor: N/A
STATE OF TEXAS §
§
COUNTY OF WILLIAMSON §
REAL ESTATE CONTRACT
THIS CONTRACT OF SALE ( "Contract ") is made by and between Champion -
Meier Assets, Ltd., of 405 Almerian Drive, Austin, Texas 78746, (referred
to in this Contract as "Seller ") and the CITY OF ROUND ROCK, a Texas Home
Rule City of 221 E. Main St. Round Rock, Williamson County, Texas
(referred to in this Contract as "Purchaser "), upon the terms and
conditions set forth in this Contract.
1.01 By this Contract, Seller sells and agrees to convey, and
Purchaser purchases and agrees to pay for, that certain parcel of land
containing approximately 0.753 acres of land situated in Williamson
County, Texas, being more particularly described in Exhibit A, attached
hereto and incorporated herein (the "Property "), together with any
improvements, fixtures, and personal property situated on and attached
to the Property, for the consideration and upon and subject to the terms,
provisions, and conditions set forth below.
0 \odox \CORR \cramprt \cr113 con \meier \realeet \000110a0 .0P01s15
ARTICLE I
PURCHASE AND SALE
ARTICLE II
PURCHASE PRICE
Amount of Purchase Price
2.01. The purchase price for the Property shall be the sum of FORTY
FIVE THOUSAND ONE HUNDRED NINETY and no /100 Dollars ($45,190.00.)
Payment of Purchase Price
2.02. The Purchase Price shall be paid in cash at the closing.
1
ORIGINAL
ARTICLE III
PURCHASER'S AND SELLER'S OBLIGATIONS
Conditions to Purchaser's Obligations
3.01. The obligations of Purchaser hereunder to consummate the
transaction contemplated hereby are subject to the consent of Seller's
lender to release the Property from its lien and financing statement, and
to the satisfaction of each of the following conditions (any of which may
be waived in whole or in part by Purchaser at or prior to the closing).
Preliminary Title Commitment
3.02. Within twenty (20) days after the date hereof, Purchaser, at
Purchaser's sole cost and expense, shall have caused Austin Title Company
(the "Title Company ") of 101 E. Old Settlers Blvd., Suite 100, Round Rock,
Texas 78664, to issue a preliminary title report (the "Title Commitment ").
Purchaser shall give Seller written notice on or before the expiration of
ten (10) days after Purchaser receives the Title Commitment that the
condition of title as set forth in the title binder is or is not
satisfactory, and in the event Purchaser states that the condition is not
satisfactory, Seller may, but shall not be obligated, to eliminate or
modify all unacceptable matters to the reasonable satisfaction of
Purchaser. In the event Seller is unable, or unwilling to do so within
ten (10) days after receipt of written notice, this Contract shall
thereupon be null and void for all purposes and the Escrow Deposit shall
be forthwith returned by the Title Company to Purchaser. Purchaser's
failure to give Seller this written notice shall be deemed to be
Purchaser's acceptance of the Title Commitment.
0 , \vdox \CORK \cranspr \ et113con \meter \rea \00011040.NPD/e
ARTICLE IV
CLOSING
The closing shall be held at the Title Company on or before October
31, 2001, or at such time, date, and place as Seller and Purchaser may
agree upon (which date is herein referred to as the "closing date ").
Seller's Obligations
4.O1.At the closing Seller shall:
(a) Deliver to Purchaser a duly executed and acknowledged Special
Warranty Deed conveying good and indefeasible title in fee simple to all
2
of the Property, free and clear of any and all liens, encumbrances,
conditions, easements, assessments, and restrictions, except for the
following:
(i)
General real estate taxes for the year of
closing and subsequent years not yet due and
payable;
(ii) Any exceptions approved or waived by Purchaser
pursuant to Article III hereof; and
(iii) Any exceptions approved by Purchaser in
writing.
(b) Deliver to Purchaser a Texas Owner's Title Policy at
Purchaser's sole expense, issued by the Title Company, in
Purchaser's favor in the full amount of the purchase price,
insuring Purchaser's fee simple title to the Property subject
only to those title exceptions listed above, such other
exceptions as may be approved in writing by Purchaser, and the
standard printed exceptions contained in the usual form of
Texas Owner's Title Policy.
(c) The aforesaid Special Warranty Deed will include provisions
that it is being delivered in lieu of condemnation.
(d) As provided in paragraph 9.01 below, Seller is delivering to
Purchaser possession of the Property as of the date of this
Contract.
0,Wdax \CO6A\tranaprt \trlllron \meter \ realest \00011090.NPO /alo
Purchaser's Obligations
4.02 At the Closing, Purchaser shall pay the cash portion of
the purchase price.
Prorations
4.03 General real estate taxes for the then current year
relating to the Property, shall be prorated as of the closing date and
shall be adjusted in cash at the closing. If the closing shall occur
before the tax rate is fixed for the then current year, the apportionment
of taxes shall be upon the basis of the tax rate for the next preceding
year applied to the latest assessed valuation. All special taxes or
3
assessments to the closing date relating to the Property and then due and
payable, shall be paid by Seller. Purchaser will bear the burden of
paying any rollback taxes, if any, resulting from a change of use of the
Property.
0. \wdox\ CORK\ tranepre\ er n3eon \meie \re4eat \00d .WPD Isle
Closing Costs
4.04 All costs and expenses of closing in consummating the
sale and purchase of the Property shall be borne and paid as follows:
Owner's Title Policy paid by Purchaser;
Filing fees for deed paid by Purchaser;
Filing fees for release(s) paid by Seller;
Title curative matters, if any, paid by Seller;
Attorney's fees paid by each respectively.
ARTICLE V
REAL ESTATE COMMISSIONS
5.01 Seller will be solely responsible for all real estate
brokerage commissions due to any brokers representing the Seller.
ARTICLE VI
ESCROW DEPOSIT
6.01 For the purpose of securing the performance of Purchaser
under the terms and provisions of this Contract, Purchaser has delivered
to the Title Company, the sum of Five Hundred Dollars ($500.00), the
Escrow Deposit, which shall be paid by the Title Company to Seller in the
event Purchaser breaches this Contract as provided in Article VIII
hereof. At the closing, the Escrow Deposit shall be paid over to Seller
and applied to the cash portion of the purchase price, provided, however,
that in the event the Purchaser shall have given written notice to the
Title Company that one or more of the conditions to its obligations set
forth in Article III have not been met, or, in the opinion of Purchaser,
cannot be satisfied, in the manner and as provided for in Article III,
then the Escrow Deposit shall be forthwith returned by the Title Company
to Purchaser.
ARTICLE VII
BREACH BY SELLER
7.01 In the event Seller shall fail to fully and timely
perform any of its obligations hereunder or shall fail to consummate the
4
sale of the Property for any reason, except Purchaser's default, or the
failure of any condition to Seller's obligations provided herein,
Purchaser may, as its sole and exclusive remedy, either: (1) enforce
specific performance of this Contract; or (2) request that the Escrow
Deposit shall be forthwith returned by the Title Company to Purchaser.
8.01 In the event Purchaser should fail to consummate the
purchase of the Property, the conditions to Purchaser's obligations set
forth in Article III having been satisfied and Purchaser being in
default and Seller not being in default hereunder, Seller shall have the
right to (1) bring suit for damages against Purchaser; or (2) bring suit
for specific performance, or (3) receive the Escrow Deposit from the
Title Company, the sum being agreed on as liquidated damages for the
failure of Purchaser to perform the duties, liabilities, and obligations
imposed upon it by the terms and provisions of this Contract, and Seller
agrees to accept and take this cash payment as its total damages and
relief and as Seller's sole remedy hereunder in such event.
0, \,,dox \WRR \traneprt\cr113coa \meter \realest\ 00011040 .WPa /els
ARTICLE VIII
BREACH BY PURCHASER
ARTICLE IX
MISCELLANEOUS
Assignment of Contract
9.01. (a) This Contract may not be assigned without the express
written consent of Seller. Regardless of the foregoing, Purchaser may
assign this Contract to the Round Rock Transportation Development
Corporation.
Survival of Covenants
(b) Any of the representations, warranties, covenants, and
agreements of the parties, as well as any rights and benefits of the
parties, pertaining to a period of time following the closing of the
transactions contemplated hereby shall survive the closing and shall not
be merged therein.
5
Notice
(c) Any notice required or permitted to be delivered hereunder
shall be deemed received when sent by United States mail, postage
prepaid, certified mail, return receipt requested, addressed to Seller
or Purchaser, as the case may be, at the address set forth opposite the
signature of the party.
Texas Law to Apply
(d) This Contract shall be construed under and in accordance with
the laws of the State of Texas, and all obligations of the parties
created hereunder are performable in Williamson County, Texas.
Parties Bound
(e) This Contract shall be binding upon and inure to the benefit
of the parties and their respective heirs, executors, administrators,
legal representatives, successors and assigns where permitted by this
Contract.
(f) In case any one or more of the provisions contained in this
Contract shall for any reason be held to be invalid, illegal, or
unenforceable in any respect, this invalidity, illegality, or
unenforceability shall not affect any other provision hereof, and this
Contract shall be construed as if the invalid, illegal, or unenforceable
provision had never been contained herein.
(g) This Contract constitutes the sole and only agreement of the
parties and supersedes any prior understandings or written or oral
agreements between the parties respecting the within subject matter.
Time of Essence
(h) Time is of the essence in this Contract.
Gender
m \vdox\ CORK \teansprt \cr111con \Meier \realest \0001104D.WPD /ele
Legal Construction
Prior Agreements Superseded
6
(i) Words of any gender used in this Contract shall be held and
construed to include any other gender, and words in the singular number
shall be held to include the plural, and vice versa, unless the context
requires otherwise.
(j) This Contract shall be effective as of the date it is approved
by the City Council, which date is indicated beneath the Mayor's
signature below.
I represent that I have read and understood each of the terms and
conditions of the foregoing document and by affixing my signature hereto
agree to be bound thereby.
\ v3o r\COxx\tranaprt \rr111con \meier \rea1est \000110a0..PWele
Effective Date
SELLER:
Champion -Meier Assets, Ltd.
By: Alma anita Champion Meier, Trustee
for Champion -Meier Management, Trust
Its: General Partner
Date: — / 2 , 2001
R:
OUND RO , TEXAS
bert A. Stluka,'Jr., Mayor
221 E. Main Street
Round Rock, Texas 78664
Date: /OW 0/
7
FIELD NOTE DESCRIPTION FOR A 0.753 ACRE TRACT
BEING A TRACT OR PARCEL OF LAND SITUATED IN WILLIAMSON COUNTY,
TEXAS, AND BEING OUT OF AND A PART OF THE WILLIS DONAHO SURVEY,
ABSTRACT NO. 173, AND BEING OUT OF THAT CERTAIN TRACT OF LAND
CONVEYED TO JUANITA MEIER RECORDED IN VOLUME 908, PAGE 700 OF
THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a point in the south right -of -way line of County Road 113, known
locally as Kiphen Road, for the northwest corner of said Juanita Meier tract, same being
the northeast corner of a 50' Private Access Easement, conveyed to Oscar M. Wall, in
Volume 2064, Page 57 of the Official Records of Williamson County, Texas, for the
northwest corner and POINT OF BEGINNING of the herein described tract;
THENCE with the south right -of -way line of said County Road 113, the north line of
said Juanita Meier tract, the following two (2) courses:
1. South 88 °40'33" East, a distance of 946.67 feet to an iron rod found;
2. South 88 °40'02" East, a distance of 85.19 feet to a calculated point, for the northwest
corner of that certain tract of land conveyed to Williamson County, described as Tract
B, in Document No. 199929648, of the deed records of Williamson County, Texas,
and for the northeast corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south right -of -way line
of said County Road 113, with the north line of said Juanita Meier tract, the south line of
said Tract B, the following three (3) courses:
1. South 43 °58'26" East, a distance of 35.82 feet to an iron rod found;
2. South 88 °39'25" East, a distance of 168.52 feet to an iron rod found;
3. South 76 °34'11" East, a distance of 51.34 feet to a calculated point in the arc of a
curve to the left, for the southeast corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south line of said Tract
B, crossing said Juanita Meier tract the following two (2) courses:
1. Along the arc of said curve to the left a distance of 97.92 feet, said curve not being
tangent to the last described course, said curve having a radius of 950.00 feet, a
central angle of 05 °54'20 ", a chord which bears North 85 °40'02" West, a chord
distance of 97.87 feet to a calculated point;
2. North 88 °37'12" West, a distance of 1178.88 feet to a calculated point, in the west
line of said Juanita Meier tract, the east line of said Oscar M. Wall tract, for the
southwest corner of this tract;
THENCE North 02 °27'07" East, with the west line of said Juanita Meier tract, the east
line of said Oscar M. Wall tract, a distance of 29.75 feet to the POINT OF
BEGINNING.
Containing 0.753 acres of land more or less.
Randall S. Jones
Registered Profession
State of Texas
RJ Surveying Inc.
1212 E. Braker Lane
Austin, Texas 78753
3/2701
Da { {e
and Surveyor No. 4391
S:\Land Projects R216581docs\FIELD NOTE DESC. Meier tract.doc
February 22, 2001
Revised: March 26, 2001
Page 1 of 1
LINE TABLE
UNE
CURVE TABLE
LENGTH
CURVE
LENGTH
RADIUS
TANGENT
CHORD
DIRECTION
DELTA
C1
97.92'
950.00'
49.00'
97.87'
N85•40'02'W
5'54'20'
LINE TABLE
UNE
BEARING
LENGTH
121
588'40'02 "E
85.19'
(N89'04'00'E)
(85.19')
L2
S43•58'26 "E
35.82'
(S46109'33 "E)
(35.88')
L3
58839'25'E
168.52'
(N89'03'00'E)
(168.54')
L4
S76'34'11 "E
51.34'
(S78'50'00'E)
TO ACCOMPANY FIELD NOTES:
OF BEGNNING IN HELD NOTES
TRACT "B' 0.286 AC.
WILUAMSON COUNTY
Co. Rd. 113 "Ki hen Road DOCUMENT NO. 199929648
P ( N89'04'00'W) I W.C.D.R.
(S89'04'00'E) 588'40'33 "E 945.67' 946.73 L1 . <,( 225. 8 3 7
RFORMED
N88'37'12 "W 1178.88'
JUANITA MEIER
908/700
W.C.D.R.
I
I
1
OSCAR M. WALL
2064/57 W.C.O.R.
IITUATED IN WILLIAMSON COUNTY, TEXAS,
)NAHO SURVEY, ABSTRACT No.173, AND
TRACT OF LAND CONVEYED TO JUANITA
, OF THE DEED RECORDS OF WILLIAMSON
W.dwg 03/26/01 08,33107 AM CST
C1
MTV INVESTMENTS LIMITED PARTNERSHIP
0.09 ACRES
DOC. 9608169 W.C.O.R.
LEGEND:
W.C.P.R. = WILLIAMSON COUNTY PLAT RECORDS
W.C.D.R.= WILLIAMSON COUNTY DEED RECORDS
W.C.O.R. = WILUAMSON COUNTY OFFICIAL RECORDS
Doc. = Document
• = IRON ROD FOUND
A = CALCULATED POINT
( ) = RECORD BEARINGS AND DISTANCES
z
CITY OF ROUND ROCK
10.00 ACRES
DOC. 9614211 W.C.O.R.
RJ
SURVEYING INC.
ENGINEERING
PLANNING
SURVEYING
1212 BRAKER LANE AUSTIN, TEXAS 78753 (512) 836 -4793
DATE: NOVEMBER 1, 2000
REVISED: FEBRUARY 22, 2001
REVISED: MARCH 26, 2001
March 27, 2002
Very truly yours,
Policy Department
khs
Enclosure
R -/0 -1/- /2,67
AUSTIN TITLE COMPANY
a subsidiary of LandAmerica Financial Group, Inc.
City of Round Rock, Texas
c/o Sheets & Crossfield, P.C.
309 East Main
Round Rock, Texas 78664
Re: Our File Number: 01 RR 217064 -A
Closer: Susan Patterson
Dear Policyholder(s):
In connection with the above captioned transaction, we enclose herewith
LAWYERS TITLE INSURANCE CORPORATION Owner's Title Policy No. 217064, along
with the original recorded Deed.
It has been a pleasure to handle this transaction for you. If you should
have any questions, please contact Susan Patterson at 512- 258 -3343.
AUSTIN TITLE COMPANY
( -0/21liu - e0 3
1515 Capital of Texas Highway South . Fifth Floor . Austin, Texas 78746 -6544
Office 512 /306.0988 512 /306.0966 Fax
rJ
SPECIAL WARRANTY DEED
County Road 113
U)
O THE STATE OF TEXAS §
§
COUNTY OF WILLIAMSON §
WHEREAS, the City of Round Rock, Texas is authorized to purchase lad and such
OD other property rights deemed necessary or convenient for the construction,
• expansion, enlargement, extension, improvement, or operation of a portion of
the proposed County Road 113 ( "Project "); and,
0
• WHEREAS, the purchase of the hereinafter - described premises has been deemed
Q necessary or convenient for the construction, expansion, enlargement,
Q extension, improvement, or operation of the Project;
NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS:
That, CHAMPION - MEIER ASSETS, LTD., a Texas limited partnership and ALMA
JUANITA CHAMPION MEIER, as Trustee of THE CHAMPION -MEIER MANAGEMENT TRUST,
hereinafter referred to as Grantors, whether one or more, for and in
consideration of the sum of Ten Dollars ($ 10.00) and other good and valuable
consideration to Grantors in hand paid by the City of Round Rock, Texas,
receipt and sufficiency of which is hereby acknowledged, and for whch no lien
is retained, either expressed or implied, have this day Sold and by these
presents do Grant, Bargain, Sell and Convey unto the City of RoundRock, Texas
all those certain tracts or parcels of land lying and being situated in the
County of Williamson, State of Texas, being more particularly described as
follows:
0.753 acres, more or less, out of the WILLIS DONAHO SURVEY,
ABSTRACT NO. 173, Williamson County, Texas, and being more
particularly described in Exhibit "A" attached hereto.
Grantors reserve all of the oil, gas and sulphur in and under the land
herein conveyed but waive all rights of ingress and egress to the surface
thereof for the purpose of exploring, developing, mining or drilling for same;
however, nothing in this reservation shall affect the title and rights of the
City to take and use all other minerals and materials thereon, therein and
thereunder.
RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Easements,
rights -of -way, and prescriptive rights, whether of record or not; all presently
recorded restrictions, reservations, covenants, conditions, oil, gas or other
mineral leases, mineral severances, and other instruments, other than liens and
conveyances, that affect the property; rights of adjoining owners ti any walls
and fences situated on a common boundary; any encroachments or overlapping of
improvements; and taxes for the current year, the payment of which Grantee
assumes.
TO HAVE AND TO HOLD the premises herein described and herein conveyed
together with all and singular the rights and appurtenances thereto in
00015868.WPD
1
any wise belonging unto the City of Round Rock, Texas and its assigns
forever; and Grantors do hereby bind ourselves, our heirs, executors,
administrators, successors and assigns to Warrant and Forever Defend all
and singular the said premises herein conveyed unto the City of Round
Rock, Texas and its assigns against every person whomsoever lawfully
claiming or to claim the same or any part thereof by, through, or under
Grantors, but not otherwise.
This deed is being delivered in lieu of condemnation.
IN WITNESS WHEREOF, this instrument is executed on this the p7/ day of
JVOVF.rmAp.2, 2001.
00015868.WPD
SUSAN PATTERSON
MY COMMISSION EXPIRES
Febmary 1, 2004
CHAMPION -MEIER ASSETS, LTD.,
a Texas limited partnership
Printed am�N e: m Ch an , p=ie" I `l er eh
Title: Tr ✓staC,
ALMA ANITA CHAMPION '711 Tr stee of
CHAMPION -MEIER MANAGEMENT TRUST
Acknowledgment
State of Texas
County of Williamson
This instrument was acknowledged before me on this the a/ , day
2001 by f1G1,10 TdivitrA GNAsifIIDM Mello( , TRYf1 f
of 'Noll5An tAt
of CHAMPION -MEIER ASSETS, LTD., a Texas limited partnership, on behalf of
said partnership.
2
Notary Public, State of Texas
�aY•"• SUSAN PATTERSON
MY COMMISSION EXPIRES -
February 1,2004
PREPARED IN THE OFFICE OF:
00015868.WPD
Acknowledgment
State of Texas
County of Williamson
This instrument was acknowledged before me on this the A/ , day
of ii,/ th i ( , 2001 by ALMA JUANITA CHAMPION MEIER, as Trustee of
THE CHAMPION - MEIER MANAGEMENT TRUST.
tart' Public, State of Texas
Sheets & Crossfield, P.C.
309 East Main
Round Rock, Texas
AFTER RECORDING RETURN TO:
Austin Title Company
101 E. Settlers Blvd.
Suite 100
Round Rock, Texas 78664
3
10/18/2001 TUE 18:05 FAX SHEETS & CROSSFIELD P.C.
RECORDERS MEMORANDUM
All or parts of the text on this page was not
clearly legible for satisfactory recordation.
4 0? /70c -4
FIELD NOTE DESCRIPTION FORA 0.753 ACRE TRACT
BEING A TRACT OR PARCEL OF LAND SITUATED IN WILLIAMSON COUNTY,
TEXAS, AND BEING OUT OF AND A PART OF THE WILLIS DONAHO SURVEY,
ABSTRACT NO, 173, AND BE1N0 OUT OF THAT CERTAIN TRACT OF LAND
CONVEYED TO JUANITA MEIER RECORDED IN VOLUME 908, PAGE 700 OF
THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a point in the south tight -of -way line of County Road 113, known
locally as Kiphon Road, for the northwest comer of said Juanita Meier tract, same being
the northeast corner of a 50' Private Access Easement, convoyed to Oscar M Wall, in
Volume 2064, Page 57 of the Official Records of Williamson County, Texas, for the
northwest corner and POINT OF BEGINNING of the herein described tract;
THENCE with the south right - - way line of said County Road 113, the north line of
said Juanita Meier tract the following two (2) courses:
1. South 88 ° 40'33" East, a distance of 946,67 fact to an iron rod found;
2. South 88 °40'02" East, a distance of 85,19 feet to a calculated point, for the northwest
corner of that certain tract of land conveyed to Williamson County, described as Tract
B, in Document No. 199929648, of the deed records of Williamson County, Texas,
and for the northeast confer of this tract;
THENCE departing the north line of said Juanita Meier tract the south right - of-way line
of said County Road 113, with the north lino of said Juanita Meier tract, the south line of
said Trace B, the following three (3) courses:
1. South 43 °58'26" East, a distance of 35.82 feet to an iron rod found;
2. South 88 °39'25" East, a distance of 168.52 feet to an iron rod found;
3. South 76'34'11" East a distance of 51.34 feet to a calculated point in the arc of a
curve to the left, for the southeast corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south line of said Tract
B, crossing said Juanita Meier tract the following two (2) courses:
1. Along the arc of said curve to the loft a distance of 97.92 fact, said curve not being
tangent to the last deseribed course, said curve having a radius of 950.00 feet, a
central angle of 05 °54'20 ", a chord which bears North 85 °40'02" West, a chord
distance of 97.87 feet to a calculated point;
2. North 8S °37'12" West a distance of 1178.88 feat to a calculated point, in the west
line of said Juanita Meier tract, the east line of said Oscar M. Vfall tract, for the
southwest comer of this tract;
THENCE North 02°27'07" East, with the west line of said Juanita Meier tract, the east
line of said Oscar M Wall tract, a distance of 29.75 feet to the POINT OF
BEGINNING.
Containing 0,753 acres of land more or leas,
S
Ra iV Cp a
Randall S. Jones 3.2'7/01
n$il / l / D
Registered Professio and Surveyor No, 4391
State of Texas
RI Surveying Inc.
1212 E. Braker Lane
Austin, Texas .
S:Uand Projects R2 NOTE DEBC. Meier neaten
February 22, 2001
Revised Mnreh 26, 2001
Page 1 ar t
QF
RANDALI� 3 . ;NE
a3a .�
SJR
laj 009 /01
File IC REED
OFFCIAL PUBLIC RECORDS
11 -29 -2001 12:27 PM 2001087852
ANDERSON $17.00
NANCY E. RISTER ,COUNTY CLERK
WILLIAMSON COUNTY, TEXAS
Ste# Q 77
ISSUED BY
Attest
Texas Owner's Policy T -1 (Rev. 1 -1 -93)
Cover Page
Form 1178 -22
LawyerslitleInsurance Corporation
Secretary
EXCLUSIONS FROM COVERAGE
ORIGINAL
OWNERS POLICY OF TITLE INSURANCE
SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE 8 AND THE
CONDITIONS AND STIPULATIONS, LAWYERS TITLE INSURANCE CORPORATION, a Virginia corporation, herein called the Company, insures, as of
Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated In Schedule A, sustained or incurred by the
insured by reason of:
1. Title to the estate or interest descnbed in Schedule A being vested other than as stated therein;
2. My defect in or Ilen or encumbrance on the title;
3. Any statutory or constitutional mechanic's, contractor's, or matenalmen's hen for labor or material having its inception on or before Date of Policy;
4. Lack of a nght of access to and from the land;
5. Lack of good and indefeasible title.
The Company also will pay the costs, attomeys' fees and expenses incurred in defense of the title, as insured, but only to the extent provided In the
Conditions and Stipulations.
IN WITNESS WHEREOF, LAWYERS TITLE INSURANCE CORPORATION has caused its corporate name and seal to be hereunto affixed by its duly
authorized officers, the Policy to become valid when countersigned by an authorized officer or agent of the Company.
LAWYERS TITLE INSURANCE CORPORATION
President
The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or
expenses which arise by reason of:
1. (a) Any law, ordinance or govemmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting,
regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the land; (11) the character, dimensions or location of any
improvement now or hereafter erected on the land; (in) a separation In ownership or a change in the dimensions or area of the land or any
parcel of which the land is or was a pan; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or
govemmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting
from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy.
(b) Any govemmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or a notice of a defect, lien
or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy.
2. Rights of eminent domain unless notice of the exercise thereof has been recorded In the public records at Date of Policy, but not excluding from
coverage any taking that has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge.
3. Defects, liens, encumbrances, adverse claims or other matters:
(a) created, suffered, assumed or agreed to by the insured claimant;
(b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in wnting
to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy;
(c) resulting in no loss or damage to the insured claimant,
(d) attaching or created subsequent to Date of Policy;
(e) resulting in loss or damage that would not have been sustained rf the insured claimant had paid value for the estate or interest insured by this
pokcy.
4. The refusal of any person to purchase, lease or lend money on the estate or Interest covered hereby In the land descnbed in Schedule A because of
unmarketability of the title.
5 Any claim which anses out of the transaction vesting in the person named in paragraph 3 of Schedule A the estate or Interest insured by this policy,
by reason of the operation of federal bankruptcy, state insolvency, or other state or federal creditors' rights laws that is based on either
(r) the transaction creating the estate or interest Insured by this Policy being deemed a fraudulent conveyance or fraudulent transfer or a voidable
distnbution or voidable dividend,
(r) the subordination or recharactenzation of the estate or interest insured by this Policy as a result of the application of the doctrine of equitable
subordination or
(iii) the transaction creating the estate or interest insured by this Policy being deemed a preferential transfer except where the preferential transfer
results from the failure of the Company or its issuing agent to timely file for record the instrument of transfer to the insured after delivery or the
failure of such recordation to Impart notice to a purchaser for value or a judgment or Tien creditor.
1. DEFINITION OF TERMS.
The following terms when used in this policy mean:
(a) "insured': the insured named in Schedule A, and, subject to any nghts or
defenses the company would have had against the named Insured, those who succeed
to the Interest of the named insured by operation of law as distinguished from purchase
including, but not limited to, heirs, distribulees, devisees, survivors, personal
representatives, next of kin, or corporate, partnership or fiduciary successors, and
specifically, without limitation, the following:
(I) the successors in Interest to a corporation resulting from merger or
consolidation or the distnbution of the assets of the corporation upon partial or complete
liquidation,
(II) the partnership successors in Interest to a general or limited
partnership which dissolves but does not terminate,
(3) the successors in interest to a general or limited partnership resulting
from the distnbution of the assets of the general or limited partnership upon partial or
complete liquidation,
(rv) the successors In interest to a joint venture resulting from the
distribution of the assets of the joint venture upon partial or complete liquidation,
(v) the successor or substitute trustee(s) of a trustee named in a wntten
trust instrument; or
(vi) the successors In Interest to a trustee or trust resulting from the
distnbution of all or part of the assets of the trust to the benefiaanes thereof.
(b) "insured claimant'•, an insured claiming loss or damage
(c) 'knowledge' or 'known'. actual knowledge, not constructive knowledge or
notice that may be imputed to an Insured by reason of the public records as defined in
this policy or any other records which impart constructive notice of matters affecting the
land
(3) land': the land described or referred to in Schedule A, and improvements
affixed thereto that by law constitute real property The term 'land' does not include any
property beyond the lines of the area descnbed or referred to in Schedule A, nor any
nght, title, interest, estate or easement In abutting streets, roads, avenues, alleys, lanes,
ways or waterways, but nothing herein shall modify or limit the extent to which a right of
access to and from the land is insured by this policy
• (e) 'mortgage': mortgage, deed of trust, trust deed, or other security instrument
(I) 'public records" records established under state statutes at Date of Policy
for the purpose of imparting constructive notice of matters relating to real property to
purchasers for value and without knowledge With respect to Section 1(a)(Iv) of the
Exclusions From Coverage, "public records' also shall include environmental protection
liens filed in the records of the clerk of the United States distnct court for the distnct In
which the land is located
(g) 'access', legal nghl of access to the land and not the physical condition of
access. The coverage provided as to access does not assure the adequacy of access
for the use Intended
2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF TITLE.
The coverage of this policy shall continue in force as of Date of Policy in favor of
an insured only no long as the Insured retains an estate or interest In the land, or holds
an Indebtedness secured by a purchase money mortgage given by a purchaser from the
insured, or only so long as the Insured shall have liability by reason of covenants of
warranty made by the insured in any transfer or conveyance of the estate or interest.
This policy shall not continue in force in favor of any purchaser from the insured of either
(i) an estate or interest In the land, or (s) an Indebtedness secured by a purchase money
mortgage given to the insured
3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT.
The insured shall notify the Company promptly in writing (I) In case of any litigation
as set forth in Section 4(a) below, or (Ii) in case knowledge shall come to an insured
hereunder of any claim of title or interest that is adverse to the title to the estate or
Interest, as insured, and that might cause loss or damage for which the Company may
be liable by virtue of this policy If prompt notice shall not be given to the Company,
then as to the Insured all liability of the Company shall terminate with regard to the
matter or matters for which prompt notice is required; provided, however, that failure to
notify the Company shall m no case prejudice the nghts of any insured under this policy
unless the Company shall be prejudiced by the failure and then only to the extent of the
prejudice
When, after the dale of the policy, the Insured notifies the Company as required
herein of a lien, encumbrance, adverse claim or other defect in title to the estate or
interest in the land insured by this policy that Is not excluded or excepted from the
coverage of this policy, the Company shall promptly investigate the charge to determine
whether the lien, encumbrance, adverse claim or defect Is valid and not barred by law or
statute The Company shall notify the insured in wnting, within a reasonable lime, of Its
determination as to the validity or invalidity of the insured's claim or charge under the
policy 11 the Company concludes that the lien, encumbrance, adverse claim or defect is
not covered by this policy, or was otherwise addressed In the closing of the transaction
in connection with which dos policy was Issued, the Company shall specifically advise
the Insured of the reasons for Its determination If the Company concludes that the lien,
encumbrance, adverse claim or defect is valid, the Company shall take one of the
following actions (I) institute the necessary proceedings to clear the lien, encumbrance,
adverse claim or defect from the title to the estate as Insured, (n) Indemnify the Insured
as provided In this policy; (in) upon payment of appropriate premium and charges
therefor, issue to the insured claimant or to a subsequent owner, mortgagee or holder of
the estate or interest in the land insured by this policy, a policy of title insurance without
exception for the lien, encumbrance, adverse claim or detect, said policy to be in an
amount equal to the current value of the property or, It a mortgagee policy, the amount
of the loan, (iv) indemnify another title insurance company in connection with Its
Issuance of a policy(ies) of title insurance without exception for the lien, encumbrance,
adverse claim or defect, (v) secure a release or other document discharging the hen,
encumbrance, adverse claim or defect; or (vi) undertake a combination of (i) through (v)
herein.
CONDITIONS AND STIPULATIONS
4. DEFENSE AND PROSECUTION OF ACTIONS: DUTY OF INSURED CLAIMANT
TO COOPERATE
(a) Upon widen request by the insured and subject to the options contained In
Section 6 of these Conditions and Stipulations, the Company, at its own cost and
without unreasonable delay, shall provide for the defense of an insured in litigation in
which any third party asserts a claim adverse to the title or Interest as insured, but only
as to those stated causes of action alleging a detect, lien or encumbrance or other
matter insured against by this policy. The Company shall have the right to select
counsel of Its choice (subject to the nghl of the Insured to object for reasonable cause)
to represent the insured as to (hose slated causes of action and shall not be liable for
and will not pay the fees of any other counsel The company will not pay any fees, costs
or expenses Incurred by the Insured in the defense of those causes of action that allege
matters not insured against by this policy
(b) The Company shall have the right, at Its own cost, to Institute and prosecute
any action or proceeding or to do any other act that in Its opinion may be necessary or
desirable to establish the title to the estate or interest, as Insured, or to prevent or
reduce loss or damage to insured The Company may take any appropriate action
under the terms of this policy, whether or not d shall be liable hereunder, and shall not
thereby concede liability or waive any provision of this policy If the Company shall
exercise its nghts under This paragraph, it shall do diligently
(c) Whenever the Company shall have brought an action or interposed a
defense as required or permitted by the provisions of this policy, the Company may
pursue any litiga3on to final determination by a court of competent jurisdiction and
expressly reserves the nght, In its sole discretion, to appeal from any adverse judgment
or order.
(d) In all cases where this policy permits or requires the Company to prosecute
or provide for the defense of any action or proceeding, the insured shall secure to the
Company the right to so prosecute or provide defense in the action or proceeding, and
all appeals herein, and permit the Company to use, at as option, the name of the insured
for this purpose. Whenever requested by the Company, the insured, at the Companys
expense, shall give the company all reasonable aid (i) in any action or proceeding,
secunng evidence, obtaining witnesses, prosecuting or defending the action or
proceeding, or effecting settlement, and (n) in any other lawful act that in the opinion of
the Company may be necessary or desirable to establish the title to the estate or
interest as insured If the Company is prejudiced by the failure of the Insured to furnish
the required cooperation, the Companys obligations to the insured under the policy
shall terminate, including any liability or obligation to defend, prosecute, or continue any
litigation, with regard to the matter or matters requiring such cooperation.
5. PROOF OF LOSS OR DAMAGE.
In addition to and after the notices required under Section 3 of These Conditions
and Stipulations have been provided the Company, a proof of loss or damage signed
and sworn to by the Insured claimant shall be furnished to the Company within 91 days
after the insured shall ascertain the facts giving nse to the loss or damage The proof of
loss or damage shall descnbe the defect In, or ben or encumbrance on the title, or other
matter insured against by this policy That constitutes the basis of loss or damage and
shall state, to the extent possible, the basis of calculating the amount of the loss or
damage If the Company is prejudiced by the failure of the Insured claimant to provide
the required proof of loss or damage, the Companys obligations to the insured under
the policy shall terminate, Including any liability or obligation to defend, prosecute, or
continue any litigation, with regard to the mailer or matters requiring such proof of loss
or damage
In addition, the insured claimant may reasonably be required to submit to
examination under oath by any authonzed representative of the Company and shall
produce for examination, inspection and copying, at such reasonable times and places
as may be designated by any authonzed representative of the Company, all records,
books, ledgers, checks, correspondence and memoranda, whether bea0ng a date
before or alter Date of Policy, which reasonably pertain to the loss or damage Further, If
requested by any authonzed representative of the Company, the Insured claimant shall
grant Its permission, In writing, for any authorized representative of the Company to
examine, inspect and copy all records, books, ledgers, checks, correspondence and
memoranda in the custody or control of a third party, which reasonably pertain to the
loss or damage. All information designated as confidential by the insured claimant
provided to the Company pursuant to this Section shall not be disclosed to others
unless, in the reasonable judgment of the Company, it is necessary In the administration
of the claim Failure of the insured claimant to submit for examination under oath,
produce other reasonably requested information or grant permission to secure
reasonably necessary information from third parties as required in this paragraph shall
terminate any liability of the Company under this policy as to that claim.
6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF
LIABILITY
In case of a claim under this policy, the Company shall have the following
additional options.
(a) To Pay or Tender Payment of the Amount of Insurance
To pay or tender payment of the amount of Insurance under this policy,
together with any costs, attorneys' fees and expenses incurred by the insured claimant,
which were authonzed by the Company, up to the time of payment or tender of payment
and which the Company is obligated to pay.
Upon the exercise by the Company of this option, all liability and obligations
to the insured under this policy, other than to make the payment required, shall
terminate, including any liability or obligation to defend, prosecute, or continue any
litigation, and the policy shall be surrendered to the Company for cancellation
continued on next page of cover sheet
0217064 L 491 6* * ** *45,190.00 $ * ** *555.00 1000
CASE NUMBER
2001 RR 217064 - A (215) /khs
LAWYERS TITLE INSURANCE CORPORATION
OWNER POLICY OF
TITLE INSURANCE
DATE OF AMOUNT OF POLICY NUMBER
POLICY INSURANCE
11/29/2001 $ * * ** *45,190.00 0217064
SCHEDULE A
1. Name of Insured:
CITY OF ROUND ROCK, TEXAS
2. The estate or interest in the land that is covered by this policy is:
FEE SIMPLE
3. Title to the estate or interest in the land is insured as vested in:
CITY OF ROUND ROCK, TEXAS
4. The land referred to in this policy is described as follows:
0.753 ACRES MORE OR LESS, OUT OF WILLIS DONAHO SURVEY ABSTRACT N0.173
WILLIAMSON C OUNTY TEXAS, AND BEING MORE PARTICULARLY DESCRIBED IN EXHIBIT
"A ATTACHED HERETO.
Texas Owner's Policy T -1 (Rev. 1 -1 -93)
Schedule A
AUSTIN TITLE COMPANY
Countersigned By: Ck \ N k.p .
Aut o izea Lounterslg ture
Valid Only If Schedule B
And Cover Page Are Attached
2001 TUE 16:05 FAX SHEETS & CROSSFIELD P.C.
FIELD NOTE DESCRIPTION FORA 0.753 ACRE TRACT
BEING A TRACT OR PARCEL OP LAND SITUATED 114 WILLIAMSON COUNTY,
TEXAS, AND BEING OUT OF AND A PART OF THE WILLIS DONAHO SURVEY,
ABSTRACT NO. 173, AND BEING OUT OF THAT CERTAIN TRACT OF LAND
CONVEYED TO JUANITA NJEIER RECORDED IN VOLUME 908, PAGE 700 OF
THE DEED RECORDS OF WILLIAMSON COUNTY, TEXAS, AND BEING MORE
PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS:
BEGINNING at a point in the south right -of- -way line of County Road 113, ]pawn
locally as Kiphon Road, for the northwest comer of said Juanita Meier tract, same being
the northeast corner of a 50' Private Access Easement, convoyed to Oscar M Wall, in
Volume 2064, Page 57 of the Official Records of Williamson County, Texas, for the
northwest corner and POINT 01? BEGINNING of the herein described tract;
THENCE with the south right -of -way line of said County Road 113, the north Line of
said Juanita Molar tract, the following two (2) courses: .
1. South 88 °40'33" East, a distance of 946.67 fact to an iron rod found;
2. South 88 °40'02" East, a distance of 85.19 feet to a calculated point, for the northwest
comer of that certain tract of land coaveyed to Williamson County, described as Tract
B, in Document No. 199929648, of the deed records of Williamson County, Texas,
and for the northeast corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south right -of -way line
of said County Road 113, with the north lino of said Juanita Meier tract, the south line of
said Tract B, the following three (3) courses:
1. South 43 °58'26" East, tr distance of 35.82 feet to an iron rod found;
2. South 88 °39'25" Bast, a distanco of 168.52 feet to an iron rod found;
3. South 76 ° 34'11" East, a distance of 51.34 feet to a calculated point in the arc of a
curve to the loft, for the southeast — corner of this tract;
THENCE departing the north line of said Juanita Meier tract, the south line of said Tract
B, crossing said Juanita Meier tract the following two (2) courses:
1. Along the are of said orve to the loft a distance of 97,92 feet, said curve not being
tangent to the last described course, said curve having a radius of 950a0 feet, a
central angle of 05 °54'20", a chord which bears North 85 °40'02" West, a chord
distance of97.87 feet to a calculated point;
2. N orth 88°37'12" West, a distance of 1178.88 feet to a calculated point, in the west
line of said h' ""its Meier tract, the east lint of said Oscar M. Wall tract, for the
southwest corner of this tract _
THENCE North 02°27'07" East, with the west line of said Juanita Meier tract, the east
line of said Oscar M. Wall tract, a distance of 29.75 feet to the POINT 01?
BEGINNING.
Containing 0.753 acres of land more or leas.
s_ v2,10l
D e
and Surveyor No. 4391
Randall S. Jones
Registered Profesaio
State of Texas
RJ Surveying Inc.
1212 E. Braker Lane
Austin, Texas : 78753
4 RI , =?/706,4-/-ief ,
.
S:Vand Projects R2t65aidoe°\FIELD NOTE DESC Meta t,,ct.doc
a009/01
LAWYERS TITLE INSURANCE CORPORATION
OWNER POLICY OF
TITLE INSURANCE
CASE NUMBER DATE OF
POLICY
2001 RR 217064 -A (215) /khs 11/29/2001
SCHEDULE B
RIGHTS OF PARTIES IN POSSESSION.
POLICY NUMBER
0217064
This policy does not insure against loss or damage (and the Company will
not pay costs, attorneys fees or expenses( that arise by reason of the terms
and conditions of the leases or easements insured, if any, shown in Schedule A
and the following matters:
1. The following restrictive covenants of record itemized below (the Company
must either insert specific recording data or delete this exception):
ITEM 1 OF SCHEDULE B IS HEREBY DELETED IN ITS ENTIRETY.
BUT OMITTING ANY COVENANT OR RESTRICTION BASED ON RACE, COLOR, RELIGION,
SEX, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN.
2. Any discrepancies, conflicts, or shortages in area or boundary lines, or
any encroachments or protrusions, or any overlapping of improvements.
3. Homestead or community property or survivorship rights, if any, of any
spouse of any insured.
4. Any titles or rights asserted by anyone, including but not limited to,
persons the public, corporations, government or other entities,
a. to tidelands, or lands comprising the shores or beds of navigable or
perennial rivers and streams lakes, bays, gulfs or oceans, or
b. to lands beyond the line of the harbor or bulkhead lines as established
or changed by any government, or
c. to filled -in lands, or artificial islands, or
d. to statutory water rights, including riparian rights, or
e. to the area extending from the line of mean low tide to the line of
vegetation or the right of access to that area or easement along and
across that area.
5. Standby fees, taxes and assessments by any taxing authority for the year
2002 , and subsequent years; and subsequent taxes and assessments by any
taxing authority for prior years due to change in land usage or ownership,
but not those taxes or assessments for prior years because of an exemption
granted to a previous owner of the property under Section 11.13, TEXAS TAX
CODE, or because of improvements not assessed for a previous tax year.
6. The following matters and all terms of the documents creating or offering
evidence of the matters (We must insert matters or delete this exception.):
7. ANY VISIBLE AND / OR APPARENT ROADWAY OR EASEMENT OVER OR ACROSS THE SUBJECT
PROPERTY, THE EXISTENCE OF WHICH DOES NOT APPEAR OF RECORD.
8. COMPANY BY RECORDED VOLUME 348, PAGE DEEED
DISTRIBUTION R O LINE, TOGETHER TH ALL ELECTRIC THEREIN)
AND/OR
9. OIL, GAS AND MINERAL LEASE DATED JANUARY 12, 1943, BY AND BETWEEN M.
( CONT. ON SCH. B, PAGE 2 )
Texas Owner's Policy T -1 (Rev. 1 -1 -93) Valid Only If Schedule A
Schedule B And Cover Page Are Attached
LAWYERS TITLE INSURANCE CORPORATION
OWNER POLICY OF
TITLE INSURANCE
CASE NUMBER DATE OF POLICY NUMBER
POLICY
2001 RR 217064 -A (215) /khs 11/29/2001 0217064
SCHEDULE B
SORENSON AND WIFE, FANNIE SORENSON AS LESSORS, AND W.O. CAFFEY AS
LESSEES, RECORDED IN VOLUME 317, PAGE 92, DEED RECORDS, WILLIAMSON COUNTY,
TEXAS.
10. ANY PORTION OF THE PROPERTY HEREIN DESCRIBED WHICH FALLS WITHIN THE
BOUNDARIES OF ANY ROAD OR ROADWAY.
Texas Owner's Policy T -1 (Rev. 1 -1 -93) Valid Only If Schedule A
Schedule B And Cover Page Are Attached
SCANNED#-C"'-_
(b) To Pay or Otherwise Settle With Padres Other than the Insured or With the
Insured Claimant
(1) to pay or otherwise settle with other padres for or in the name of an
insured claimant any claim insured against under this policy, together with any costs,
attorneys' fees and expenses incurred by the insured claimant, which were authorized
by the Company up to the time of payment and which the Company 1s obligated to pay,
or
(1I) to pay or othervse settle with the insured claimant the loss or damage
provided for under this policy, together with any costs, attorneys' lees and expenses
incurred by the insured claimant, which were authonzed by the Company up to the time
of payment and which the Company Is obligated to pay,
Upon the exercise by the Company of either of the options provided for In
paragraphs (b)(1) or (11), the Company's obligations to the insured under this policy for
the claimed loss or damage, other Than the payments required to be made, shall
terminate, Including any liability or obligation to defend, prosecute or continue any
hhgation
7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE.
This policy 1s a contract of indemnity against actual monetary loss or damage
sustained or incurred by the insured claimant who has suffered loss or damage by
reason of matters insured against by this policy and only to the extent herein described
(a) The liability of the Company under this policy shall not exceed the least Of'
(r) the Amount of Insurance stated in Schedule A,
(rr) the difference between the value of the insured estate or interest as
insured and the value of the Insured estate or interest subject to the detect, lien or
encumbrance insured against by this policy at the dale the insured claimant is required
to furnish to Company a proof of loss or damage in accordance with Section 5 of these
Conditions and Stipulations
(b) In the event the Amount of Insurance stated In Schedule A at the Date of
Policy 1s less than 80 percent of the value of the insured estate or interest or the lull
consideration paid for the land, whichever is less, or if subsequent to the Date of Policy
an improvement is erected on the land which increases the value of Inc insured estate
or interest by at least 20 percent over the Amount of Insurance stated in Schedule A,
then this Policy Is subject to the following
(e where no subsequent improvement has been made, as to any partial
loss, the Company shall only pay the Toss pro rata in the proportion that the amount of
insurance at Date of Policy bears to the total value of the insured estate or interest at
Date of Policy, or
(11) where a subsequent improvement has been made, as to any partial
loss, the Company shall only pay the loss pro rata In the proportion that 120 percent of
the Amount of Insurance stated in Schedule A bears to the sum of the Amount of
Insurance slated in Schedule A and the amount expended for the improvement
The provisions of 'this paragraph shall not apply to costs, attorneys' fees and
expenses for which the Company is liable under this policy, and shall only apply to that
portion of any loss which exceeds, in the aggregate, 10 percent of the Amount of
Insurance staled n Schedule A
(c) The Company will pay only those costs, attorneys' fees and expenses
incurred in accordance with Section 4 of these Conditions and Stipulations
8. APPORTIONMENT.
If the land descnbed in Schedule A consists of two or more parcels that are not
being used as a single site, and a loss Is established affecting one or more of the
parcels but not all, the loss shall be computed and settled on a pro rata basis as if the
amount of insurance under this policy was divided pro rata as to the value on Date of
Policy of each separate parcel to the whole, exclusive of any improvements made
subsequent to Date of Policy, unless a liability or value has otherwise been agreed upon
as to each parcel by the Company and the insured at the time of the Issuance of this
policy and shown by an express statement or by an endorsement attached to this policy
9. LIMITATION OF LIABILITY.
(a) If the Company establishes the title, or removes the alleged defect, Tien or
encumbrance, or cures the lack of a nght of access to or from the land, all as insured, or
takes action in accordance with Section 3 or Section 6, in a reasonably diligent manner
by any method, including litigation and the completion of any appeals therefrom, it shall
have fully performed Its obligations with respect to that matter and shall not be !fable for
any loss or damage caused thereby
(b) In the event of any Litigation, including litigation by the Company or with the
Company's consent, the Company shall have no liability for loss or damage until there
has been a final determination by a court of competent jurisdiction, and disposition of all
appeals therefrom, adverse to the 511e as insured
(c) The Company shall not be liable for loss or damage to any insured for
Inability voluntanly assumed by the insured in settling any claim or suit without the pnor
written consent of the Company
10. REDUCTION OF INSURANCE: REDUCTION OR TERMINATION OF LIABILITY.
All payments under this policy, except payments made for costs, attorneys' fees
and expenses, shall reduce the amount of the insurance pro lento
11. LIABILITY NONCUMULATIVE.
It 1s expressly understood that the amount of insurance under this policy shall be
reduced by any amount the Company may pay under any policy insunng a mortgage to
which exception is taken in Schedule B or to which the insured has agreed, assumed, or
taken subject, or which 1s hereafter executed by an insured and which is a charge or lien
on the estate or interest descnbed or referred to in Schedule A, and the amount so paid
shall be deemed a payment under this policy to the insured owner
B 1178.22
CONDRTONS AND STIPULATIONS — CONTINUED
12. PAYMENT OF LOSS.
(a) No payment shall be made without producing this policy for endorsement of
the payment unless the policy has been lost or destroyed, In which case proof of loss or
destruction shall be fumished to the satisfaction of the Company.
(b) When liability and the extent of loss or damage has been definitely fixed in
accordance with these Conditions and Stipulations, the loss or damage shall be payable
within 30 days thereafter.
13. SUBROGATION UPON PAYMENT OR SETTLEMENT.
(a) The Company's Right of Subrogation
Whenever the Company shall have settled and paid a claim under This policy, all
right of subrogation shall vest In the Company unaffected by any act of the insured
claimant
The Company shall be subrogaled to and be entitled to all nghts and remedies
that the insured claimant would have had against any person or property in respect to
the claim had this policy not been issued 11 requested by the Company, the insured
claimant shall Transfer to the Company all nghts and remedies against any person or
property necessary in order to perfect this right of subrogation The insured claimant
shall permit the Company to sue, compromise or settle in the name of the Insured
claimant and to use the name of the Insured claimant in any transaction or litigation
involving These nghts or remedies
If a payment on account of a claim does not fully cover the loss of the insured
claimant, the Company shall be subrogated to these nghts and remedies in the
proportion that the Company's payment bears to the whole amount of the loss
If loss should result from any act of the insured claimant, as stated above, that act
shall not void ml5 policy, but the Company, m that event, shall be required to pay only
that pan of any losses insured against by this policy That shall exceed the amount, if
any, lost to the Company by reason of the Impairment by the insured claimant of the
Company's right of subrogation
(b) The Company's Rights Against Non-insured Obligors.
The Company's right of subrogation against non - insured obligors shall exist and
shall include, without limitation, the nghts of the insured to indemnities, guaranties, other
policies of insurance or bonds, notwithstanding any terms or conditions contained in
those instruments that provide for subrogation rights by reason of this policy
14. ARBITRATION.
Unless prohibited by applicable law or unless this arbitration section is deleted by
specific provision In Schedule B of this policy, either the company or the insured may
demand arbitration pursuant to the Title Insurance Arbitration Rules or the American
Arbitration Association Arbitrable matters may include, but are not limited to, any
controversy or claim between the Company and the Insured arising out of or relating to
this policy. any service of the Company in connection with its issuance or the breach of
a policy provision or other obligation All arbitrable matters when the Amount of
Insurance Is Si ,000,000 or less SHALL BE 0,5610ted at Inc request of either the
Company or the Insured, unless the insured is an individual person (as distinguished
from a corporation, trust, partnership, association or other legal entity) All arbitrable
matters when the Amount of Insurance is in excess of S1,000,000 shall be arbitrated
only when agreed to by both the Company and the Insured. Arbitration pursuant to this
policy and under the Rules In effect on the date the demand for arbitration is made or, at
the option of the insured, the Rules in effect at Date of Policy shall be binding upon the
parties The award may include atlomeys' fees only if the laws of the state In which the
land is located permit a court to award attorneys' fees to a prevailing party Judgment
upon the award rendered by the Arbitrator(s) may be entered n any court having
1unscli ion thereof,
The law of the srlus of the land shall apply to an arbitration under the Title
Insurance Arbitration Rules
A copy of the Rules may be obtained from the Company upon request
15. LIABILITY LIMITED TO THIS POLICY: POLICY ENTIRE CONTRACT.
(a) This policy together with all endorsements, If any, attached hereto by the
Company is the entire policy and contract between the insured and the Company In
interpreting any provision of this policy, this policy shall be construed as a whole
(b) Any claim of Toss or damage, whether or not based on negligence, and
which arises out of the status of the title to the estate or interest covered hereby or by
any action asserting such claim, shall be restricted to this policy
(c) No amendment of or endorsement to this policy can be made except by a
wntrng endorsed hereon or attached hereto signed by either the President, a Vice
President, the Secretary, an Assistant Secretary, or validating officer or authorized
signatory of the Company
16. SEVERABILITY.
In the event any provision of the policy is held mad or unenforceable under
applicable law, the policy shall be deemed not to include that provision, and all other
provisions shall remain in lull force and effect
17. NOTICES, WHERE SENT.
All notices required to be given the Company and any statement in writing
required to be furnished the Company shall include the number of this policy and shall
be addressed to Consumer Affairs Department, P O, Box 27567, Richmond, Virginia
23261 -7567.
COMPLAINT NOTICE.
Should any dispute arise about your premium or about a claim that you have
glad, contact the agent or write to the Company that Issued the policy. If the
problem is not resolved, you also may write the Texas Department 01 100680008,
P.O. Box 149091, Austin, TX 78714 -9091, Fax No (512) 475 -1771. This notice of
complaint procedure is for information only and does not become a part or
condition of this policy.
CONTROL NUMBER 1311-0019512,
Juyers1Jt
Insurance €rporation
A L NDAMEEICA COMP
TEXAS OWNER
POLICY OF
TITLE INSURANCE
Issued BY
Iauryerslidejnsurance @p, oratton
HOME OFFICE
101 Gateway Centre Parkway, Gateway One
Richmond, Virginia 23235 -5153
,
A WORD OF THANKS
As we make your policy a part of our permanent
records, we want to express our appreciation of
this evidence of your faith in Lawyers Title
Insurance Corporation.
There is no recurring premium.
This policy provides valuable title protection and
we suggest you keep it in a safe place where it
will be readily available for future reference.
If you have any questions about the protection
provided by this policy, contact the office that
issued your policy or you may write to:
Consumer Affairs Department
awyers]itle
Insurance Corporation
7557 Rambler Road, Suite 1200
Dallas, Texas 75231
TOLL FREE NUMBER: 1-800-442-7067