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1990-05-15 Resolution 22
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1990-05-15 Resolution 22
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SCHEDULE B <br />Commitment No._7.3$~fiE-b n <br />Schedule B Of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of <br />to the satisfaction of the Company: <br />A. Instruments necessary to create the estate or interest to be insured must be properly executed, delivered and duly <br />filed for record. <br />B. Payment of the full consideration to, or for the account of, the grantors or mortgagors should be made. <br />C. Payment of all taxes, charges, assessments, levied and assessed against subject premises, which are due and <br />payable should be made. <br />p. Defects, liens, encumbrances, adverse claims, or other matters, if any, created, first appearing in the public records <br />or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires for value of <br />record the estate or interest or mortgage thereon covered by this Commitment. <br />E. Any Owner's Policy issued pursuant hereto will contain under Schedule B the General Exceptions set forth below. <br />Any Loan Policy will contain under Schedule B General Exceptions 1, 2 and 3 unless a satisfactory survey is <br />furnished; General Exception 4 will appear unless satisfactory evidence is furnished that improvements and/or <br />repairs or alterations thereto are completed; that contractor, subcontractors, labor and materialmen are all paid. <br />General Exceptions: <br />1 . Rights or Claims of parties in possession not shown by the public records. <br />2. Easements, or claims of easements, not shown by the public records. <br />3. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate <br />survey or inspection of the premises. <br />4. Any lien, or right to a lien, for services, tabor, or material heretofore or hereafter furnished, imposed bylaw and <br />not shown by the public records. <br />5. Taxes or special assessments which are not shown as existing liens by the public records. <br />F. Special Exceptions: <br />1. 29FT ~ S2tlD 128 FT S EPID LOT 2 JOHE RUSHS 1ST ADD: <br />Taxes for the year 1989 due and payable in Nay and i~oventber <br />1990, show none due at this time. <br />Tai: Unit 18; Key 3030 1102. Prop. Use Gassd Land Va.l. $170; <br />Imp. Val. $none; Idet Val. $none. <br />TaxPS fcr the year 1990 due in May and 23ovember 1991. <br />NOTICE: Above information, from County's tai: computer, is for <br />limited purposes only, and may not reflect current .assessment <br />figures or exemption status. For tax proration purposes, contact <br />appropriate authorities for current information. <br />2. Resolution of the City of South Bend Redevelopment Commission <br />ratifying and confirming Resolution Ito. G33 with respect to <br />the Z`ionroe-Sariple Development ~.rea, declaring the Dionroe-Sample <br />Development Area to be blighted and approving develapm~nt plait <br />and conditions under tyh.ich relocation payments will be made, <br />Resolution pJo. 635, recorded April 1.6, 1981 in the Office of <br />the Recorder of St. Joseph County, Indiana, as Instrument ho. <br />8105765. <br />3. Design Guidelines, Monroe .Sample Development Area, recorded <br />October 20, 1981 in the Office of the Recorder of St. Joseph <br />County, Indiana, as Instrument i':o. 8118582. <br />~. Resolution of the City of South Bend Redevelopment Commission <br />rec?.eclaring the Illonroe-Sample Development Area to be blsghted <br />and approving a c~evelopntent plan, being Resolution No. bib, <br />-continued- <br />SCHEDULE B <br />Commitment - 1966 <br />Reorder Form Nc. 2289 (Rev. 2/fl9) <br />
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