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R-81-389 - 5/28/1981D. B. Wood, J. R. Avant, Joan Wood Avant Grantor STATE OF TEXAS COUNTY OF WILLIAMSON 8795 EASEMENT VOL 844mE 169 The City of Round Rock Grantee . KNOW ALL MEN BY THESE PRESENTS: That D. B. Wood, Bernice Wood, James Ross Avant, Joan Wood Avant, , :im Fares — .4 , and 3 Weed—A-vant, herein called Grantor (whether one or more), for a good and valuable consideration paid by the City of Round Rock, Texas, a municipal corporation, herein called Grantee, receipt of which consideration is hereby acknowledged, does hereby Grant, Sell, and Convey, unto Grantee an easement and right -of -way upon and across the following described property of Grantor: A tract of land situated in the Joseph Fish Survey, Abstract No. 232, and the Issac Donagan Survey, Abstract No. 178, Williamson County, Texas, also being the remainder of those certain lands conveyed to D. B. Wood by deed recorded in Vol. 271, page 314, of the Deed Records of said County. The easement and right -of -way hereby conveyed shall be upon and across a thirty foot (30') wide strip of the above described property, said strip more particularly described as follows: As described in Exhibit "A" attached hereto and incorporated herein. The aforesaid thirty foot (30') wide easement is hereinafter referred to as the "strip ". The right -of -way, easement, rights, and privileges here- in granted shall be used for the purpose of placing, constructing, operating, enlarging, repairing, maintaining, rebuilding, replacing, relocating, and removing a raw water transmission pipeline with all necessary conduits, valves, vaults, manholes, ventilators and appurtenances. Except as otherwise noted, the easement, rights, and privileges herein granted shall be perpetual. Grantor hereby vo< 844PAGE 170 binds himself, his heirs, and legal representatives, to War- rant and Forever Defend the above described easement and rights unto Grantee, its successors, and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof. The easement, rights, and privileges granted herein are exclusive, and Grantor covenants that he will not convey any other easement or conflicting rights within the strip covered by this grant, without the express written consent of Gran- tee, which consent shall not be unreasonably withheld. Gran- tee shall have the right for a period not exceeding thirty (30) days to review any such proposed easement or conflicting use, including the plans and specifications of any improve- ments to be constructed thereon to determine the effect, if any, on the water line contemplated herein. If conflict appears likely, prior to granting its consent for other easement, Grantee may require reasonable safeguards to pro- tect the integrity of the water line. Grantor further grants to Grantee: (a) the right to grade the strip of land for the full width thereof and to extend the cuts and fills for such grading into and on the land along and outside the strip to such extent as Grantee may find reasonably necessary; (b) the right from time to time to trim and to cut down and clear away any and all trees and brush now or hereafter on the strip and to trim and to cut down and clear away any trees on either side of the strip which now or hereafter in the opinion of Grantee may be a hazard to the pipelines, valves, appliances or fittings, by reason of the danger of falling thereon, or which may interfere with the exercise of Grantee's rights here- under; provided, however, that all trees which Grantee is hereby authorized to cut and remove, if valuable for timber or firewood, shall continue to be the property of Grantor, but all tops, lops, brush and refuse wood shall be burned or removed by Grantee; (c) the right to install, maintain and use gates in all fences which now cross or shall hereafter cross the strip; (d) the right to mark the location of the strip by suitable markers set in the ground; provided that such markers shall be placed in fences or other locations which will not interfere with any reasonable use Grantor shall make of the strip. Grantee hereby covenants and agrees: (a) Grantee shall not fence the strip; (b) Grantee shall promptly backfill any trench made by it on the strip and repair any damage it shall do to Grantor's private roads, lanes, gates or fences on the lands; (c) shall indemnify against any loss and damage which shall be caused by the exercise of the rights of ingress and egress or by any wrongful or negligent act or omission of its agents or employees in the course of their employment. (d) the pipeline shall be buried at a depth of not less than three (3) feet; (e) Grantee shall, during construction and afterwards, take whatever precautions are necessary to prevent live- stock from escaping from any fenced enclosure crossed by the strip. Grantor also retains, reserves, and shall continue to enjoy the surface of such strip for any and all purposes which do not interfere with and prevent the use by Grantee of the within easement including the right to build and use the surface of the herein granted easement for drainage ditches and private streets, roads, driveways, alleys, walks, gar- dens, lawns, parking areas and other like uses and /or to dedicate all or any part of the surface of the property affected by this easement to any city or county for use as a public street, road or alley; provided the Grantor shall not - 3 - uoL 844PacE 171 vol 844PAGE 172 erect or construct any building or other structure, or drill or operate any well, or construct any reservoir or other obstruction on the strip, or diminish or substantially add to the ground cover over the pipelines. Provided however, not less than thirty (30) days before beginning the construction of any of the above permitted improvements, the plans there- for shall be submitted to Grantee for its review. In addition to the easements, rights, and privileges herein conveyed, Grantee shall have the right to use for a temporary construction easement so much of the surface of the hereinbefore- described property of Grantor as may be reasona- bly necessary to construct and install within the right -of- way granted hereby the facilities contemplated by this grant; but in no event shall the temporary construction easement be more than eighty feet wide, which temporary construction easement shall include the thirty foot (30') strip herein granted. The temporary construction easement shall expire on October 31, 1982. Upon the completion of such construction and installation, Grantee shall replace and restore all fences, which may have been relocated or removed during the construction period, and Grantee shall pay Grantor reasonable compensation for such fences which may not be replaceable. Grantee shall endeavor where possible to preserve and protect all trees located outside the permanent easement but within the temporary construction easement, but in the event that existing trees prevent the reasonable use of the temporary construction easement, Grantee shall have the same rights and responsibilities concerning tree removal as in the permanent easement. This instrument shall be binding upon the heirs, execu- tors, administrators, successors, and assigns of the parties hereto. - 4 - IN WITNESS WHEREOF, this instrument is executed this / day of � 1981. THE STATE OF TEXAS COUNTY OF FR 10 BEFORE ME, the undersigned authority, on this day person- ally appeared D. B. Wood known to me to be the person whose name is subscribed to the foregoing instrument, and acknowl- edged to me that he executed the same for the purposes and ,:consideration therein expressed. even under my hand and seal of office on this the /8 day, df''4\A4 , 1981. THE STATE OF TEXAS COUNTY OF F IZ1 Given under my hand and seal of office on this the ig Notary Public in and for FRIO County, Texas BEFORE ME, the undersigned authority, on this day person- ally appeared Bernice Wood known to me to be the person whose name is subscribed to the foregoing instrument, and acknowl- edged to me that she executed the same for the purposes and consideration therein expressed. day of f),qi , 1981. 1) Notary Public in and for F R10 County, Texas - 5 - von '844r 173 LU Bernice Wood J n Wood Avant VOL 844PAGE 174 THE STATE OF TEXAS COUNTY OF FPO BEFORE ME, the undersigned authority, on this day person- ally appeared James Ross Avant known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. rj,9iven under my hand and seal of office on this the 18 da in A - 1 , 1981. THE STATE OF TEXAS COUNTY OF F R I o BEFORE ME, the undersigned authority, on this day person- ally appeared Joan Wood Avant known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that she executed the same for the pur- poses and consideration therein expressed. {:,,,Given under my hand and seal of office on this the IR pt1 , 1981. THE STATE OF TEXAS COUNTY OF - 6 - Notary Public in and f FRIO County, Texas Notary Public in and f FRIO County, Texas BEFORE ME, the undersigned authority, on this day person- ally appeared Jamie Avant Deyhle known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that she executed the same for the pur- poses and consideration therein expressed. Given under my hand and seal of office on this the day of , 1981. Notary Public in and for County, Texas THE STATE OF TEXAS COUNTY OF VOL 844PAGE 175 BEFORE ME, the undersigned authority, on this day person- ally appeared Jim Forest Avant known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. Given under my hand and seal of office on this the day of , 1981. THE STATE OF TEXAS COUNTY OF Notary Public in and for County, Texas BEFORE ME, the undersigned authority, on this day person- ally appeared Jeff Wood Avant known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed. Given under my hand and seal of office on this the day of , 1981. Notary Public in and for County, Texas - 7 - VOL 844PA5E 176 FIELD NOTES OF A THIRTY (30) FOOT WIDE, 1.158 ACRE, STRIP OF LAND, TRACT A, AND A 7.082 ACRE STRIP OF LAND, TRACT 8 (TRACT A) FIELD NOTES describing a thirty (30) foot wide, 1.158 acre strip of land, TRACT A, being situated in the Joseph Fish Survey, Abstract No. 232, Williamson County, Texas, also being upon a portion of the remain- der of those certain lands conveyed to D. B. Wood by deed recorded in Volume 271, Page 314 of the Deed Records of said County, said TRACT A, being more particularly described by metes and bounds as follows: BEGINNING FOR REFERENCE at Government Marker No. 105 -1 -3, being the most Southerly corner of a 249.00 acre Tract 105 -1, conveyed to said United States of America by deed recorded in Volume 550, Page 553 and the Southwest corner of a 15.85 acre easement, Tract 105 -E -1, granted to said United States of America by instrument recorded in Volume 550, Page 553, of said Deed Records, also being an angle paint in said O. B. Wood remainder; thence along the division line between said Tract 105 -1 and said D. B. Wood remainder, N73 ° 36'W, 122.21 feet to a point, for the most Northerly corner and POINT OF BEGINNING of the hereinafter described TRACT A; THENCE along the North line hereof, the following three (3) courses: 1) S73 ° 36'E, 65.02 feet to a point, for an angle point hereof; 2) S46 ° 07'30 4 E, 95.88 feet to a point, for an angle point hereof; 3) 581 ° 18'10 "E, 1537.56 feet to a point in the fenced West line of a 333.00 acre Tract 104, conveyed to said United States of America by Warranty Deed recorded in Volume 516, Page 349 of said Deed Records, for the Northeast corner hereof; THENCE along the fenced division line between said Tract 104 and said D. B. Wood remainder S20'59'E, 34.54 feet to a point, for the Southeast corner hereof; THENCE along the South line hereof, the following two (2) courses: 1) N81 ° 18'10 "W, 1564.17 feet to a paint, for an angle point hereof; 2) N46 ° 07'30 "W, 163.08 feet to the POINT OF BEGINNING of the herein described TRACT A, containing 1.158 acres or 50,424 square feet of land more or less. (TRACT 8) FIELD NOTES describing a 7.082 acre strip of land situated in said Joseph Fish Survey, Abstract No. 232 and the Issac Donagan Survey, Abstract No. 178, of said County, also being upon a portion of said D. B. Wood remainder, said TRACT B, being more particularly described by metes and bounds as follows: BEGINNING at an iron pin found at a fence corner post in the North right -of -way line of State Highway No. 29, said point being the South- east corner of said D. B. Wood remainder, for the Southeast corner and POINT OF BEGINNING of the hereinafter described TRACT B; THENCE along said North right -of -way line, for the South line hereof; S89 ° 09'40 "W, 31.51 feet to a point, for the Southwest corner hereof; THENCE along es: 1) N19'11'05 "W, 2160.82 feet 2) N18 ° 24'40 4 W, 1375.19 feet 3) N18'03'50 "W, 919.73 feet 4) N17'28'40 "W, 1513.50 feet 5) N16'42'35 "W, 341.36 feet 6) N51'12'W, 120.65 feet to 7) N37'06'W, 100.42 feet to 8) N32'26'50 "E, 140.55 feet 9) N15'57'40 4 W, 146.52 feet the West line hereof, to a point, for to a point, for to a point, for to a point, for to a point, for a point, for an a point, for an to a point, for to a paint, for Page 1 EXHIBIT "A" the following fourteen (14) cours- an angle point hereof; an angle point hereof; an angle point hereof; an angle point hereof; an angle point hereof; angle point hereof; angle point hereof; an angle point hereof; an angle point hereof; VOL 844PAGE 177 10) N18 ° 45'55 "W, 359.20 feet to a point, for an angle point hereof; 11) N18 ° 08'W, 453.94 feet to a point, for an angle point hereof; 12) N19 ° 46'45 "W, 710.60 feet to a point, for an angle point hereof; 13) N18 ° 55'05 "W, 1099.70 feet to a point, for an angle point hereof; 14) N10'05'45 "w, 497.30 feet to a point in the South line of a 333.00 acre tract of land conveyed to The United States of America, for the Northwest corner hereof; THENCE along the South line of said 333.00 acres, for the North line hereof, N71 ° 20'50 "E, 30.34 feet to a Government Marker Number 104 -2, for the Northeast corner hereof; THENCE along the fenced East line of said D. B. Wood remainder, the following twenty (20) courses: 1) along the West line of Greenridge, a subdivision as shown on a Plat of Record in Cabinet C, Slide 229 -232 of the Plat Records of said County, S10 ° 05'50 "E, 499.52 feet to an iron pin found under said fence, for an angle point hereof; 2) S18 ° 57'55 "E, 1096.65 feet to an iron pin found under said fence, at the Southwest corner of said Greenridge and the Northwest corner of Lot 13, being the Northwest corner of Oak Crest Ranchettes, Unit Two, a subdivision as shown on a Plat of Record in Cabinet 8, Slide 177 -180 of said Plat Records, for an angle point hereof; 3) S19 ° 42'20 "E, 711.27 feet to an iron pin found under said fence, being an angle point in said Oak Crest Ranchettes, Unit Two, for an angle point hereof; 4) S18'08'E, 454.22 feet to an iron pin found under said fence, being an angle point in said Oak Crest Ranchettes, Unit Two, for an angle point hereof; 5) 518 ° 45'55 "E, 359.77 feet to an iron pin found under said fence, for an angle point hereof; .6) 816'09'05 "E, 216.20 feet to a fence post at or near the centerline of the Middle San Gabriel River, for an angle point hereof; 7) S15'42'05 "E, 159.36 feet to a point under said fence, for an angle point hereof; 8) 516'42'05 "E, 396.62 feet to a point under said fence, for an angle point hereof; 9) S17 ° 19'20 "E, 618.49 feet to a point under said fence, for an angle point hereof; 10) 517'35'10 "E, 895.21 feet to an iron pin found under said fence, for an angle point hereof; 11) S18 ° O0'05 "E, 919.90 feet to a point under said fence, for an angle point hereof; 12) S18 ° 15'05 "E, 497.85 feet to a point under said fence, for an angle point hereof; 13) 518'37'20 "E, 598.19 feet to a point under said fence, for an angle point hereof; 14) S18 ° 26'50 "E, 279.24 feet to an iron pin found under said fence, for an angle point hereof; 15) S19'16'20 "E, 383.06 feet to a point under said fence, for an angle point hereof; 16) S19 ° 03'45 "E, 857.49 feet to a point under said fence, for an angle point hereof; 17) S19 ° 14'45 "E, 314.65 feet to a point under said fence, for an angle point hereof; 18) 519 ° 38'E, 256.06 feet to an iron pin found at a fence post, for an angle point hereof; 19) S16 ° 40'45 "E, 195.54 feet to an iron pin found at a fence post, for an angle point hereof; 20) 521 ° 45'45 "E, 164.11 feet to the POINT OF BEGINNING of the herein described TRACT B, containing 7.082 acres or 308,474 square feet of land more or less. Page 2 VOL 844PAuE 178 I, Timothy E. Haynie, A REGISTERED PUBLIC SURVEYOR, do hereby certify that these field notes accurately represent the results of an on -the- ground survey made under my direction and supervision on the 18th day of December, 1980. All corners located are as shown. There are no encroachments, conflicts or protrusions apparent on the ground except as shown. T1MOTHY E. HAYNIE ▪ l HAYNIE & KALLMAN, INC. Timothy - Haynie, Registere Public Surveyor No. 2380 Date Page 3 iz - 1 8- 60 LEGEND VOL 84 4 r aoE 179 SKETCH TD ACCOMPANY //LLD NOTES OF 1158 AG. OUT OF THE. JOSE,PI -1 F /SH SURVEY ABSTRACT V' Z32 " TRACT A " \LL /AMSON COUNTY, TEXAS TRACT A D. B WOOD Vac, 27/, ,%. 314 • CO/UC• 1 R,//v7 OF BEGINN /NG 00 p VI 1 } Sti " - REFERENCE Fb /NT I05 -1- 3 F EYHr5rr A FL 4 C- /S 247 -��.. /ilr•l� il. - s D /3 Wood Voc. e C Y /•u' N C.' AO F 7) ,,, i Haynie & Kallman Inc. CONSULTING ENGINEERS 2115 North Mays Round Rock - Texas 78664 (5121 255 -4564, 255 -7861 von 844r cE 180 SKETCH 7o ACCOMPANY F/ELD NOTES OF ' 7082 ACRD (TRAC7 8) BE ING OUT OF THE Issas D7NAGAN SURVEY A- /78 AND THE JO5E PH F /5H SURVEY A- 232 , WILLIAMSON COUNTY, 7EXAS LEGEND • IRON PIN F;/UNO • FENCE [OR. POST — FENCE L,NE y p • Gov MARKER y m E SM'r Wl p T y NJ7— SCA �w /0TH VA•/E 5 J.V..ti °.•.'. t M4 /CH /NE SJJ-7' 57 E 598 19' S /9 ° 2l7 °E 3,35 06, ' 5 /9 '4-8 - '47 E;5 J 49' 5/9 °/4'45 3/44,5' 5/9 °38 '6 554,. S,6°40'45•'E /95.54' 517 ° 19 "E 618 49' S lR °/5'05' E. 497135 ' \ ▪ 551 /b 4. n' 89 '40 •vim \�4� - 3 /.5/ N- )- 0/. 29 eE. G. "Mr i N TRACT 8 N/6 "fV f « 97 30• EXHIBIT A Di F y ` „ .aRiF S) N /9 °08 IV 4 53. 94' 5 /t3 °CaR 5n .. /448 °45' 55 W� 359E >' S • /F3 ° 45 '55 "F 35977' ♦ nQ 2 o 6 N/5 °57 do"..., Nd,. ,2 h °, 0 N35 50 / , - - N N5/ w' /1015 ,5,-/.80,2.0)5.. X39 A'/K,'4, 3'. - h/ i ------- J 3 • s c.. • CC J4/ 35, r° °42'05 "E 596.62' /v7/ °90 -55' 6 30 34 P. O 50.1LTING ENGINEERS [ i15 Norlh Mays ip. o Rock . Texas 78684 ;�\• - .J IF 255 -4564. 255 -786 c,j Haynie & Kallman Inc • THE STATE OF TEXAS County of Williamson Deed the 14th day of July / Deputy V0 o l 1 8 1 1, James N. Boydston, Clerk of the County Court sai ountynty, do ere y cer- tify that the foregoing instrument in writing, v Ji its certificate of authentication, was filed for record in my office on AD.19 81 at 2 =3n the 15th day of July A.D. 19 81 , at 9 % 2 0 o'clock A. M , in the WETNESS MY HAND andiKa! of the County Court of said County, at office in Georgetown, Texas, the date st above written. o'clock P • M. and duly recorded this Records of said County, in Vol 844 pp 169 JAMES N. BOYDSTON, CLERK, County Court, Williamson County, Texas i 87., /6 FILED FOR RECOO %: °?D &&'clock h(. JUL 14 1981 E S Georgetown Title Company, Bill STEPHAN L� SHEETS ATTORNEY AT LAW SUITE 268, FARMERS STATE BANK BUILDING 1111 NORTH I.H. 35 ROUND ROOK, TEXAS 78881 (S121258-0877 TEXAS ATTEST: RESOLUTION NO. 041,4 WHEREAS, the Council of the City of Round Rock, Texas, has determined that an additional water supply is necessary for the health and safety of the citizens of the City, and WHEREAS, the City has previously contracted with the Brazos River Authority for water from Lake Georgetown, and WHEREAS, it is necessary to acquire easements over cer- tain property owned by D. B. Wood, et al, to construct and install a raw water line, and WHEREAS, D. B. Wood, et al, have executed an Agreement For The Conveyance Of An Easement for a total consideration of $34,000.00, and WHEREAS, the Council desires to enter into said agree- ment with D. B. Wood, et al, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, That the Mayor is hereby authorized and directed to execute on behalf of the City an Agreement For The Conveyance Of An Easement, a copy of said agreement being attached hereto for all purposes, and BE IT FURTHER RESOLVED That upon delivery of the easement and title insurance policy in a form satisfactory to the City Attorney that the disbursement of $34,000.00 to D. B. Wood, et al, is hereby authorized. RESOLVED this 28th day of May, 1981. LARRY L. ON , Mayor City of Round Rock, Texas THIS IS A CONTRACT whereby D. B. Wood, J. R. Avant, and Joan Wood Avant, herein called Seller, agrees to sell to the City of Round Rock, Texas, herein called Buyer, who agrees to purchase, upon the terms and provisions hereof, an easement and right -of -way over, upon, and across the following de- scribed real property, situated in Williamson County, Texas, to -wit: As described in Exhibit "A" of the Easement, which Easement is attached hereto as an Exhibit and in- corporated herein for all purposes. Seller is to furnish Buyer, at Buyer's expense an Own- er's Policy of Title Insurance issued by Georgetown Title Company, Inc. of Georgetown, Texas. The easement and right -of -way to be conveyed shall be identical to the form attached hereto as an Exhibit. The Owner's Policy of Title Insurance to be furnished hereunder is to be delivered as and when the conveyance is closed, which shall be within thirty (30) days from date hereof unless attorneys for said Title Company discover objec- tions to title, in which case the sale is to be closed when objections are removed, provided objections are removed with- in a reasonable time, which in no event shall extend beyond forty -five (45) days from date Buyer executes this contract. The purchase price is $8,000.00 for the 30 ft. easement and $26,000.00 for damages. This would make a total price of $34,000.00. Please issue two checks, one for Easement and one for Damages. Make both checks payable to J. R. Avant and Joan Wood Avant. Date: ATTEST: J anne Land, City Secretary 7 - Joa Wood Avant BUYER: By: THE CITY/ F RO.' ROCK, TEXAS Larry L. To , Mayor T -1 Owner Policy —Form Prescribed by Statrroard oleInsurance of Texas — Revised 7 -1 -1980. mP :t= r+�} :$7 C i 4 4 7 14.! -4$= v 4 lxx STEWART TITLE p GUARANTY COMPANY The Company shall not be liable in a greater amount than the actual monetary loss of the Insured, and in no event shall the Company be liable for more than the amount shown in Schedule A hereof, and shall, except as hereinafter stated, at its own cost defend the Insured in every action or proceeding on any claim against, or right to the estate or interest in the land, (i or any part thereof, adverse to the title to the estate or interest in the land as hereby guaranteed, but the Company shall not be required to defend against any claims based upon, matters in any excepted under this policy by the excep- tions in Schedule B hereof or excluded by Paragraph 2, "Exclusions from Coverage of this Policy ", of the Conditions and Stipulations hereof. The party or parties entitled to such defense shall within a reasonable time after the commencement (' of such action or proceeding, and in ample time for defense therein, "give -the Company written notice of the pendency of the action or proceeding, and authority to defend, The Company shall not be liable until such adverse interest, claim, or ' right shall have been held valid by a court of last resort to which either litigant may apply, and if such adverse interest,;, claim, or right so established shall be for less than the whole of the estate or interest in the land, then the liability of the �' Company shall be only such part of the whole liability limited above- as shall bear the same ratio to the whole liability that ((I the adverse interest, claim or right established may bear to the whole estate or interest in the land, such ratio to be based li on respective values determinable as of the date" of this policy. In the absence of notice as aforesaid, the Company is re- lieved from all liability with respect to any such interest, claim or right: provided, however, that failure to notify shall not prejudice the rights of the Insured if such Insured shall not be a party to such action or proceeding, nor be served with pro- $ cess therein, nor have any knowledge thereof," not "in' any. case, "unless the Company shall be actually prejudiced by such failure. Upon sale of the estate or interest in the land, this policy automatically thereupon shall become a warrantor's policy and the Insured shall for a period of twenty -five years from the date hereof remain fully protected according to the terms i hereof, by reason of the payment of any loss, he, they or it may sustain on account of any warranty of title contained in the transfer or conveyance executed by the Insured conveying the estate or interest in the land. The Company shall be liable under said warranty only by reason of defects, liens or encumbrances existing prior to or at the date hereof and not excluded j either by the exceptions or by the Conditions and Stipulations hereof, such liability not to exceed the amount of this policy. IN WITNESS HEREOF, the STEWART TITLE GUARANTY COMPANY has caused this policy to be executed by its.( Chairman and President under the seal of the Company, but this policy is to be valid only when it bears an authorized ) countersignature, as of the date set forth in Schedule A. STEWART TITLE GUARANTY COMPANY, a Texas corporation, hereinafter called the Company, for value does hereby >� guarantee to the Insured as herein defined) that as of the date hereof, the Insured has good and indefeasible title to the estate or interest in the land described or referred to in this policy. ((� Chairman of the Board Countersigned: STEWART TITLE GUARANTY COMPANY President f9 o 1381246 A Number l$ ;$ �!9 lC k• tergi; 581 (Rev. 7 -1-80) 1. Definitions The following terms when used in this policy mean: (a) "land ": The land described, specifically or by reference, in Schedule A, and improvements affixed thereto which by law constitute real property. (b) "public records ": Those records which impart constructive notice of matters relating to the land. (c) "knowledge ": Actual knowledge, not constructive knowledge, or notice which may be imputed to the Insured by reason of any public records. (d) "date ": The effective date, including hour if specified. (e) "insured ": The Insured named in Schedule A and, subject to any rights or defenses the Company may have had against the named Insured or any person or entity who succeeds to the interest of such named Insured by operation of law as distinguished from purchase, any person or entity who succeeds to the interest of such named Insured by operation of law as distinguished from purchase including but not limited to the following: (i) heirs, devisees, distributees, executors and administrators; (ii) the successors in interest to a corporation resulting from merger or consolidation or the distribution of the assets of such corporation upon partial or complete liquidation; (iii) the partnership successors in interest to a general or limited partnership which dissolves but does not terminate; (iv) the successors in interest to a general or limited partnership resulting from the distribution of the assets of such general or limited partnership upon partial or complete liquidation; (v) the successors in interest to a joint venture resulting from the distribution of the assets of such joint venture upon partial or complete liquidation; (vi) the successor or substitute trustee of a trustee named in a written trust instrument; or (vii) the successors in interest to a trustee or trust resulting from the distribution of all or part of the assets of such trust to the beneficiaries thereof. 2. Exclusions from the Coverage of this Policy This policy does not insure against loss or damage by reason of the following: (a) The refusal of any person to purchase, lease or lend money on the land. (b) Governmental rights of police power or eminent domain unless notice of the exercise of such rights appears in the public records at the date hereof; and the consequences of any law, ordinance or governmental regulation including, but not limited to, building and zoning ordinances. (c) Any titles or rights asserted by anyone including, but not limited to, persons, corporations, governments or other entities to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or to any land extending from the line of mean low tide to the line of vegetation, or to lands beyond the line of the harbor or bulkhead lines as established or changed by any government, or to filled -in lands, or artificial islands, or to riparian rights, or the rights or interests of the State of Texas or the public generally in the area extending from the line of mean low tide to the line of vegation or their right of access thereto, or right of easement along and across the same. (d) Defects, liens, encumbrances, adverse claims against the title as insured or other matters (1) created, suffered, assumed or agreed to by the Insured at the date of this policy, or (2) known to the Insured at the date of this policy unless disclosure thereof in writing by the Insured shall have been made to the Company prior to the date of this policy; or loss or damage which would not have been sustained if the t GENERAL CONDITIONS AND STIPULATIONS Insured were a purchaser for value without knowledge; or the homestead or community property or survivorship rights, if any, of any spouse of any Insured. 3. Defense of Actions (a) In all cases where this policy provides for the defense of any action or proceeding, the Insured shall secure to the Company the right to so provide defense in such action or proceeding, and all appeals therein, and permit it to use, at its option, the name of the Insured for such purpose. When- ever requested by the Company, the Insured shall give the Company all reasonable aid in any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, or defending such action or proceeding. (b) The Company shall have the right to select counsel of its own choice whenever it is required to defend any action or proceeding, and such counsel shall have full control of said defense. (c) Any action taken by the Company for the defense of the Insured or to establish the title as insured, or both, shall not be construed as an admission of liability, and the Company shall not thereby be held to concede liability or waive any provision of this policy. 4. Payment of Loss (a) No claim shall arise or be maintainable under this policy for liability voluntarily assumed by the Insured in settling any claim or suit without written consent of the Company. (b) All payments under this policy, except payments made for costs, attorney fees and expenses, shall reduce the amount of the insurance pro Canto; and the amount of this policy shall be reduced by any amount the Company may pay under any policy insuring the validity or priority of any lien excepted to herein or any instrument hereafter executed by the Insured which is a charge or lien on the land, and the amount so paid shall be deemed a payment to the Insured under this policy. (c) The Company shall have the option to pay or settle or compromise for or in the name of the Insured any claim insured against by this policy, and such payment or tender of payment, together with all costs, attorney fees and expenses which the Company is obligated hereunder to pay, shall terminate all liability of the Company hereunder as to such claim. Further, the payment or tender of payment of the full amount of this policy by the Company shall terminate all liability of the Company under this policy. (d) Whenever the Company shall have settled a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the Insured, and it shall be subrogated to and be entitled to all rights and remedies of the Insured against any person or property in respect to such claim. The Insured, if requested by the Company, shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect such right of subrogation, and shall permit the Company to use the name of the Insured in any transaction or litigation involving such rights or remedies. 5. Policy Entire Contract Any action, actions or rights of action that the Insured may have, or may bring, against the Company, arising out of the status of the title insured hereunder, must be based on the provisions of this policy, and all notices required to be given the Company, and any statement in writing required to be furnished the Company, shall be addressed to it at P. O. Box 2029, Houston, Texas 77001. 6. This policy is not transferable. STEWAIVATITLE GUARANTY COMPANY r , STEWART TITLE GUARANTY COMPANY A NAME RECOGNIZED NATIONALLY FOR MORE THAN 75 YEARS AS BEING SYNONYMOUS WITH 10) N18'45'55"w, 159: ZITTeet to a point, Iur an ao9117w 11) N18'08'W, 453.94 feet to a point, for an angle p nt hereof; 12) N19'46'45 "W, 710.60 feet to a point, for an angle point hereof; 13) N18'55'05 "W, 1099.70 feet to a point, for an angle point hereof; 14) N10 "05'45 "W, 497.30 feet to a point in the South line of a 333.00 acre tract of land conveyed to The United States of America, for the Northwest corner hereof; THENCE along the South line of said 333.00 acres, for the North line hereof, N71'20'50 "E, 30.34 feet to a Government Marker Number 104 -2, for the Northeast corner hereof; THENCE along the fenced East line of said D. R. Wood remainder, the following twenty (20) courses: 1) along the West line of Greenridge, a subdivision as shown on a Plat of Record in Cabinet C, Slide 229 -232 of the Plat Records of said County, S10'05'50 "E, 499.52 feet to an iron pin found under said fence, for an angle point hereof; 2) 518'57'55 "E, 1096.65 feet to an iron pin found under said fence, at the Southwest corner of said Greenridge and the Northwest corner of Lot 13, being the Northwest corner of Oak Crest Ranchettes, Unit Two, a subdivision as shown on a Plat of Record in Cabinet B, Slide 177 -180 of said Plat Records, for an angle point hereof; 3) 519'42'20 "E, 711.27 feet to an iron pin found under said fence, • being an angle point in said Oak Crest Ranchettes, Unit Two, for an angle point hereof; 4) 518 454.22 feet to an iron pin found under said fence, being an angle point in said Oak Crest Ranchettes, Unit Two, for an angle point hereof; 5) 518'45'55 "E, 359.77 feet to an iron pin found under said fence, for an angle point hereof; .6) Sl6'09'05 "E, 216.20 feet to a fence post at or near the centerline of the Middle San Gabriel River, for an angle point hereof; 7) 515'42'05 "E, 159.36 feet to a point under said fence, for an angle point hereof; 8) 516'42'05 "E, 396.62 feet to a point under said fence, for an angle point hereof; 9) 517'19'20 "E, 618.49 feet to a point under said fence, for an angle point hereof; 10) S17'35'10 "E, 895.21 feet to an iron pin found under said fence, for an angle point hereof; 11) 518'00'05 "E, 919.90 feet to a point under said fence, for an angle point hereof; 12) S18 "15'05 "E, 497.85 feet to a point under said fence, for an angle point hereof; 13) S18'37'20 "E, 598.19 feet to a point under said fence, for an angle point hereof; 14) S18'26'50 "E, 279.24 feet to an iron pin found under said fence, for an angle point hereof; 15) S19'16'20 "E, 383.06 feet to a point under said fence, for an angle point hereof; 16) 519'03'45 "E, 857.49 feet to a point under said fence, for an angle point hereof; 17) 519'14'45 "E, 314.65 feet to a point under said fence, for an angle point hereof; 18) 519'38 256.06 feet to an iron pin found at a fence post, for an angle point hereof; 19) 516'40'45 "E, 195.54 feet to an iron pin found at a fence post, for an angle point hereof; 20) 521'45'45 "E, 164.11 feet to the POINT OF BEGINNING of the herein described TRACT B, containing 7.082 acres or 308,474 square feet of land more or less. Page 2 (TRACT A) O FIELD NOTES descrihing a thirty (30) foot wide, 1.15'`•cre strip of land, TRACT A, being situated in the Joseph Fish S '•y, Abstract No. 232, Williamson County, Texas, also being upon a tion of the remain- der of those certain lands conveyed to D. B. Wood by deed recorded in Volume 271, Page 314 of the Deed Records of said County, said TRACT A, being more particularly described by metes and bounds as follows: BEGINNING FOR REFERENCE at Government Marker No. 105 -1 -3, being the most Southerly corner of a 249.00 acre Tract 105 -1, conveyed to said United States of America by deed recorded in Volume 550, Page 553 and the Southwest corner of a 15.85 acre easement, Tract 105 -E -1, granted to said United States of America by instrument recorded in Volume 55Q, Page 553, of said Deed Records, also being an angle point in said 0. B. Wood remainder; thence along the division line between said Tract 105 -1 and said D. B. Wood remainder, N73'36'W, 122.21 feet to a point, for the most Northerly corner and POINT OF BEGINNING of the hereinafter described TRACT A; THENCE along the North line hereof, the following three (3) courses: 1) 573 65.02 feet to a point, for an angle point hereof; 2) 546'07'30 "E, 95.88 feet to a point, for an angle point hereof; 3) S81'18'10 "E, 1537.56 feet to a point in the fenced West line of a 333.00 acre Tract 104, conveyed to said United States of America by Warranty Deed recorded in Volume 516, Page 349 of said Deed Records, for the Northeast corner hereof; THENCE along the fenced division line between said Tract 104 and said D. B. Wood remainder 520'S9'E, 34.54 feet to a point, for the Southeast corner hereof; THENCE along the South line hereof, the following two (2) courses: 1) N81'18'10 "W, 1564.17 feet to a point, for an angle point hereof; 2) N46'07'30 "W, 163.08 feet to the P01NT OF BEGINNING of the herein described TRACT A, containing 1.158 acres or 50,424 square feet of land more or less. (TRACT 8) FIELD NOTES describing a 7.082 acre strip of land situated in said Joseph Fish Survey, Abstract No. 232 and the Issac Donagan Survey, Abstract No. 178, of said County, also being upon a portion of said D. 8. Wood remainder, said TRACT B, being more particularly described by metes and bounds as follows: BEGINNING at an iron pin found at a fence corner post in the North right -of -way line of State Highway No. 29, said point being the South- east corner of said D. B. Wood remainder, for the Southeast corner and POINT OF BEGINNING of the hereinafter described TRACT 8; THENCE along said North right -of -way line, for the South line hereof; 589'09'40 "W, 31.51 feet to a point, for the Southwest corner hereof; THENCE along the West line hereof, the following fourteen (14) cours- es: 1) N19'11'05 "W, 2160.82 feet to a point, for an angle point hereof; 2) N18'24'40 "W, 1375.19 feet to a point, for angle point hereof; 3) N18'03'50 "w, 919.73 feet to a point, for an angle point hereofi 4) N17'28'40 "W, 1513.50 feet to a point, for an angle point hereof; 5) N16'42'35 "W, 341.36 feet to a point, for an angle point hereof; 6) N51'12'W, 120.65 feet to a point, for an angle point hereof; 7) N37'06'W, 100.42 feet to a point, for an angle point hereof; 8) N32'26'50 "E, 140.55 feet to a point, for an angle point hereof; 9) N15'57'40 "W, 146.52 feet to a point, for an angle point hereof; Page 1 Fold T - 1 Owner Policy Schedules — Fonn Prescribed by State Board of Insurance of Texas — Rexised 7 - 1 - 1980 SCHEDULE A GF No. 19388H Owner Policy No.: 0 1381246 A Date of Policy: July 14, 1981 NAME OF INSURED: Amount: $34,000,00 CITY OF ROUND ROCK 1. The estate or interest in the land insured by this policy is: (Fee Simple, Leasehold, Easement, etc. letrtify or Describe) Easement ''CC'' 2. The land referred to in this policy is described as follows: Countersi Gepprpetown Title Company, Ina 5812/3 SCHEDULE B This policy is subject to the Conditions and Stipulations hereof, the terms and conditions of the leases or easements insured, if any, shown in Schedule A, and to the following matters which are additional exceptions from the coverage of this Policy. 1. Restrictive covenants affecting the land described or referred to above. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments, or any over- lapping of improvements. 3. Taxes for the year 19 81 and subsequent years, and subsequent assessments for prioryears due to change in land usage or ownership. 4. The following lien(s) and all terms, provisions and conditions of the instruments) creating or evidencing said lien(s): None 5.011, gas and mineral lease, and all rights incident thereto, dated May 21, 1980, executed by Joan Wood Advant et vir to M. L. McGinnis recorded in Vol. 802, Page 448, Deed Records, Williamson County, Texas. 6.011, gas and mineral lease, and all rights incident thereto, dated May 21, 1980 executed by D. B. Wood et ux to M. L. McGinnis, recorded in Vol. 802, Page 444, Deed Records, ?illiamson County, Texas. 7.The following if located so as to affect this property: 1. Easement dated June 18, 1954 executed by D. B. Wood et ux to Texas Power and Light recorded in Vol. 400, Page 142, Deed Records, Williamson County, Texas. 2. Easement dated September 1, 1949 executed by D. B. Wood et ux to Texas Power and Light recorded in Vol. 359, Page 442, Deed Records, Williamson County, Texas. 4, ti T1: 'WA R'1' 'TIT GUARANTY COMPANY Fold