#2948- Deed; QUIT-CLAIM DEED From City of South Bend to American Home Dreams, Commonly known as 313 and 317 Broadway - Part 3

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SCHEDULER Commitment No. 41969 Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the some are disposed of to the satisfaction of the Company: A. Instruments necessary to create the estate or interest to be insured must be properly executed, de- livered and duly filed for record. B. Payment of the full consideration to, or for the account of, the grantors or mortgagors should be made. C. Payment of all taxes, charges, assessments, levied and assessed against subject premises, which are due and payable should be made. D. Defects, liens, encumbrances, adverse claims, or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this Commit- ment. E. Any Owner's Policy issued pursuant hereto will contain under Schedule B the General Exceptions set forth below. Any Loan Policy will contain under Schedule B General Exceptions 1, 2 and 3 unless a satisfactory survey is furnished; General Exception 4 will appear unless satisfactory evidence is furnished that improvements and/or repairs or alterations thereto are completed; that contractor, subcontractors, labor and materialmen are all paid. General Exceptions: 1. Rights or Claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey or inspection of the premises. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 5. Taxes or special assessments which are not shown as existing liens by the public records. F. Special Exceptions: 1. LOTS 158 & 124.5' E End Lot 157 Original Plat: Taxes for the year 1981 due in May and November, 1982 show none due. Tax Unit 18 Key 1003 0099; Land Val. $21,050.00; Imp. Val. $4,870.00; Net Value $0.00; Property Use -Government. Taxes for the year 1982 due in May and November, 1983. 40.5' w End Lot 157 OP So. Bend: Taxes for the year 1981 due in May and November, 1982 show none due. Tax Unit 18 Key 1003 0098; Land Val. $3,000.00; Imp. Val. $170.00; Net Value $0.00; Property Use -Government. Taxes for the year 1982 due in May and November, 1983. N 33' of Lot 166 & 6' S Side Lot 167 & Tri PC SE Cor 167 OP South Bend: Taxes for the year 1981 due in May and November, 1982 show none due. Tax Unit 18 Key 1003 0086; Land Val. $4,490.00; Imp. Val. $0.00; Net Val. $0.00; Property Use -Government. Taxes for the year 1982 due in May and November, 1983. FORM NO. 2289