HomeMy WebLinkAbout#896- Deed; Warranty - From Realty, Inc. to City of South Bend-Beginning at the SW corner of the SW quarterof Sec. 20, Twp. 37 N.,Range 3 E., Penn Twp., St Joseph County…Retention Basin NE corner of inwood and ironwood} a"/
Taxing &.brit:(
WARRANTY DEED
KNOW ALL MEN BY,THESE PRESENTS, that INDIANA FRANKLIN
REALTY, INC., an Indiana corporation, does hereby convey and warrant
to the CITY OF SOUTH BEND, INDIANA, the following described real
r` estate located in St. Joseph County, State of Indiana, to wit:
Beginning at the Southwest corner of the Southwest Quarter
of Section 20, Township 37 North, Range 3 East, Penn
township, St. Joseph. County, Indiana; thence East along
the Southern boundary of said Section, a distance of 695
feet; thence North along a line parallel to the Western
boundary of said Section, a distance of 40.28 feet; thence
Northwesterly to a point 410 feet East and 667.41 feet
North of the point of beginning, measured parallel to the
South and West boundaries of the above Section 20, a
distance of 689 feet, more or less; thence West along a
line parallel to the Southern boundary of the above
Section 203 a distance of 410 feet, more or less, to the
Western boundary of the above Section 20; thence South
alon,g the Western boundary of Section 20, a distance of
667.41 feet to the point of beginning, and being part of
Lot "B" as shown on Topsfield Addition, First Section, to
the City of South Bend, recorded July 26, 1966 in Plat
Book 22, page 'IT", in the office of the Recorder of St.
Joseph County, Indiana. Subject to legal highways.
Subject to taxes for the year 1975, payable in 1976,
subsequent taxes, restrictions and easements of record,
if any exist, and applicable zoning ordinances.
Grantor certifies under oath that no Indiana Gross Income Taxes
are due or payable respecting this conveyance.
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IN WITNESS WHEREOF,
Indiana Franklin Realty, Inc.,
day 1976.
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Attest:
Its Assistant Secretary
STATE OF INDIANA )
) SS:
ALLEN COUNTY )
this Warranty Deed is executed b
an Indiana corporation, this ',
INDIANA FRANKLIN REALTY, INC.
an Indiana corporation
By ,{
R. M. Kopper,��-
Its Vice President
Before me, a Notary ublic n and for said County and State,
r and
personally appeared �, �✓V . �-�-r.�,.� a-� - � s and
known to me and to me known to b� the /err��r�l�
respectively, of Indiana Franklin Realty, Inc.,
an Indiana corpor ion, and for and on behalf of said corporation,
acknowledged the execution of the above and foregoing Warranty Deed..
IN WITNESS WHEREOF, I set my hand and nota.i Isreal as
of this day of1976. /
My commission expires:iaaPublic
Law.
This instrument was prepared by Warren E. P2cGi11,, A,t
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(panupo:)) 9N011V1nd11S GNV SNOWONOD
AMERICAN LAND TITLE ASSOCIATION
OWNER'S POLICY FORM 8-1970
27462 (Amended 10-17-70')
15 021 04 0 7 9 61
CHICAGO TITLE INSURANCE COMPANY
SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN
SCHEDULE B AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF,
CHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, bercin 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, and costs, attorneys' fees and expenses which the Company may become
obligated to pay hereunder, sustained or incurred by the insured by reason of:
1. Title to, the estate or interest described in Schedule A being vested otherwise than as stated
therein;
2. Any defect in or lien or encumbrance on such title;
3. Lack of a right of access to and from the land; or
4. Unmarketability of such title.
In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed
and sealed as of the date of policy shown in Schedule A, the policy to become valid when countersigned
by an authorized signatory.
Issued by:
THE ABSTRACT & TITLE
CORPORATION
226 West Jefferson Boulevard
South Bend, Indiana 46601
(219) 233-8258
CHICAGO TITLE INSURANCE COMPANY
By.
President.
ATTEST:
Secretary.
IMPORTANT
This policy necessarily relates solely to the title as of the date of the policy. In order that a purchaser
of the real estate described herein may be insured against defects, liens or encumbrances, this policy
should be reissued in the name of such purchaser.
Copyright 1969 American Land 'Title Association
FORM 3
27462
Number Date of Policy
April 12, 1976
I. Name of Insured:
CITY OF SOUTH BEND, INDIANA
Amount of Insurance
2. The estate or interest in the hand described herein and which is covered by this policy is:
Fee simple
3. The estate or interest referred to herein Is ,It 1.11te of Policy Vested In tile insured,
4, Tire ]'and herein described is CTICUmbered by the following mortoaoc or trust dced, and assignments-,
and the mortgages or trust deeds, if any, shown in Schedule B hereof.
5. The land referred to in this policy is described as follows: Situate in St. Joseph County,
in the State of Indiana:
Beginning at the Southwest corner of the Southwest Quarter of Section 20,
Township 37 North, Range 3 East, Penn Township, St. Joseph County, Indiana;
thence East along the Southern boundary of said Section, a distance of
695 feet; thence: North along a line parallel to the Western boundary of
said Section, a distance of 40.28 feet; thence Northwesterly to a point
410 feet East and 667.41 feet North of the point of beginning, measured
parallel to the South and West boundaries of the above Section 20, a dis-
tance of 689 feet, more or less; thence West along a line parallel to the
Southern boundary of the above Section 20, a distance of 410 feet, more
or less, to the Western boundary of the above Section 20; thence South
along the Western boundary of Section 20, a distance of 667.41 feet to the
point of beginning, and being part of Lot "B" as shown on Topsfield Addi-
tion, First Section, to the City of South Bend, recorded July 26, 1966 in
Plat Book 22, page "T", in the office of the Recorder of St. Joseph County,
Indiana.
Subject to legal highways.
This policy valid only if Schedule 8 is attached.
FORM 3624
SCHEDULE B
Palmy Plumber 15 021 04 07961
Owners
This policy does not insure against loss or damage by reason of the following exceptions:
General Exceptions:
(1) Rights or claims of parties in possession not shown by the public records.
(2) Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an
accurate survey and inspection of the premises.
(3) Easements or claims of casements not shown by the public records.
(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.
'Special Exceptions: The mortgage, if any, referred to in Item 4 of Schedule A.
1. Taxes for the year 1975 due in May and November, 1976 and all
subsequent taxes.
2. Rights of way for drainage ditches, feeders, and laterals, if any.
Countersigned
Authorized Signatory
-Vice President Schedule a of this Policy consists of 1 pages,
ATTACHED TO POLICY NO.
ISSUED BY
15 021 04 07961
The Abstract and Title
Corporation of South Bend
The Company, recognizing the current effect of inflation on real property valuation and intending to provide
additional monetary protection to the Insured Owner named in said Policy, hereby modifies said Policy, as follows:
1. Notwithstanding anything contained in said Policy to the contrary, the amount of insurance provided by
said Policy, as stated in Schedule A thereof, is subject to cumulative annual upward adjustments in the
manner and to the extent hereinafter specified.
2, "Adjustment Date" is defined, for the purpose of this Endorsement, to be 12:01 a.m. on the first January I
which occurs more than six months after the Date of Policy, as shown in Schedule A of the Policy to which
this Endorsement is attached, and on each succeeding January 1.
An upward adjustment will be made on each of the Adjustment Dates, as defined above, by increasing the
maximum amount of insurance provided by said Policy (as said amount may have been increased
theretofore under the ternis of this Endorsement) by the same percentage, if any, by which the United
States Department, of Commerce Composite Construction Cost Index (base period 1967) for the month of
September immediately preceding exceeds such Index for the month of September one year earlier;
provided, however, that the maximum anIOLint of insurance in force shall never exceed 150% of the amount
of insurance stated in Schedule A of said Policy, less the amount of any claim paid under said Policy which,
under the terms of the Conditions and Stipulations, reduces the amount of insurance in force. There shall
be no annual adjustment in the amount of insurance for years in which there is no increase in said
Construction Cost Index.
4, In the settlement of any claim against the Company under said Policy, the amount of insurance in force
shall be deemed to be the amount which is in force as of the date on which the insured claimant first
learned of the assertion or possible assertion of such claim, or as of the date of receipt by the Company of
the first notice of such claim, whichever shall first occur.
PROVIDED, HOWEVER, this endorsement shall be effective only if one of the following conditions exists at
Date of Policy:
-i. 'The land described in this policy is a parcel on which there is only a one -to -four family residential
structure, including all improvements on the land related to residential use, in which the Insured Owner
resides or intends to reside; or,
b. The land consists of a residential condominium unit, together with the common elements appurtenant
thereto and related to residential use thereof, in which the Insured Owner resides or intends to reside.
This Endorsement is made a part of the policy or commitment and is subject to all the terms and provisions thereof
and of any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms
and provisions of the policy or commitment and prior endorsements, if any, nor does it extend the effective date of
the policy or commitinent and prior endorsements or increase the face amount thereof.
" fal I
' , ilr.0 1477,71 R
�„wM I 'M 7M, 1111, 11#7 1 fr.MT.Wd, UT4, 0 i
CIUCAGO TITLE INSURANCE COMPANY
ATTLST:
Nresident,
Autborized Signatory
Vice President
Note: This endorsement shall not be valid or
binding until countersigned by an authorized Secretary.
signatory.
NOTE: In connection with a future application for title insurance covering said land, reissue credit on
premium charges (if applicable at all) will be allowed only upon the original face amount of insurance as
stated in Schedule A of said Policy.
ForM 2697