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1992-05-09 Special Warranty Deed Wildwood Townhomes449117 R -552 P-980 1- „130,/91 16:34 PC 1 OF PEC JOHNNETTE PHILLIPS t, .LE COUNTY CLERK, COLOR14DO, 5.00 SPECIAL WARRANTY DEED THIS DEED, Made this day of March '1991 , between THE HOUSING AUTHORITY OF THE TOWN OF AVON, also known as Town of Avon Housing Authority, a body corpora and politic 1009PQ00AyZuly organized and existing under and by virtue of the laws of the State Of Colorado , grantor, and TOWN OF AVON whose legal address is P. 0. BOX 975, Avon, Colorado 81620 of the *County of Eagle , State of Colorado, grantee(s): DOC 0`-00 WITNESSETH, That the grantor, for and in consideration of TEN DOLLARS and other good and vaulable consideration-------------------------------------------------- ->yamm the receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these presents does grant, bargain, sell, convey, and confirm, unto the grantee(s) its )QARAYt successors and assigns forever, all the real property, together with improvements, if any, situate, lying and being in the County of Eagle State of Colorado, described as follows: Lots 5 and 11, Block 5, Wildridge Subdivision, County of Eagle and State of Colorado atsc-itnmvnty- Stret- arid- nmTtba as- TOGETHER with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim and demand whatsoever of the grantor, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the grantee(s), i t S may, successors and assigns forever. The grantor, for itself, its successors and assigns does covenant and agree that it shall and will WARRANT AND FOREVER DEFEND the above - bargained premises in the quiet and peaceable possession of the grantee(s), i t S XcXsuccessors and assigns, against all and every person or persons claiming the whole or any part thereof, by, through or under the grantor. IN WITNESS WHEREOF, The grantor has caused its corporate name to be hereunto subscribed by its President, and its corporate seal to be hereunto affixed, attested by its Secretary, the day and year first above written. THE HOUSING AUTHORITY OF THE TOWN Attest: OF AVON, also known as TOWN OF 5, vuwvk- , Secretary AVON HOUSING AUTHORITY By t President STATE OF COLORADO County of Eagle ss. The foregoing instrument was acknowledged before this 30th day of M6/.CiCA April ,19 91 , by Rick Pylman as president and secretary as President and Secretary a THE HOUSING AUTHORITY OF THE TO O VON , kn w as TOO corporation. O.F AVON. HOUSING UT IQ TY. My commission expires May , 1 yy 7 Witness my hand and official seal. Notary-46ibix If in Denver, insert "City and.” No. 16B. Rev. 12 -85. SPECIAL WARRANTY DEED (Corporation) Bradford Publishing, 5825 W. 6th Ave., Lakewood, CO 80214 — (303) 233 -6900 6.86 F`::) in in C11 Form No. 1402 (6/87) ALTA Owner's Policy Schedure A File No. 304487 -0 Amount of Insurance$ 1,460,000.00 SCHEDULE A Policy No. D 747546 Premium$ 2,656.00 Date of Policy May 7, 1991 a.m. at 12:41 P.M. p.m. 1. Name of Insured: TOWN OF AVON, a Municipal corporation 2. The estate or interest in the land which is covered by this policy is: FEE 3. Title to the estate or interest in the land is vested in: TOWN OF AVON, a Municipal corporation 4. The land referred to in this policy is described as follows: THE LEGAL DESCRIPTION SET FORTH ON SHEET ATTACHED HERETO AND BY THIS REFERENCE INCORPORATED HEREIN AND MADE A PART HEREOF. Form Flo. 1056 -4 -C (CO -87) Order No. 304487 SCHEDULE C Policy No. D 747546 The land referred to in Schedule A is situated in the State of Colorado, County of Eagle and is described as follows: Lots 5 and 11, Block 5, WILDRIDGE SUBDIVISION Form No.'1402 -C ALTA Standard Policy Western Region Order No. 304487 -0 Rev. 9/87) Policy No. D 747546 1987 Colorado Only SCHEDULE B PART I This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: Section One: 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. 2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of said land orby making inquiryof persons in posses- sion thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by public records. 5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. 6. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown by the public records. Section Two: 7. Right of way for ditches or canals constructed by the authority of the United States, as reserved in United States Patent recorded November 23, 1949, in Book 134 at Page 524. 8. Reservations of all the coal and other minerals in the land together with the right of prospect for mine and remove the same pursuant to the provisions and limitations of the act of December 29, 1916, as reserved in document recorded November 23, 1949, in Book 134 at Page 524. 9. Restrictions, which do not contain a forfeiture or reverter clause, but omitting restrictions, if any, based on race, color, religion or national origin, as contained in instrument recorded July 12, 1979, in Book 288 at Page 123, as amended by instrument recorded June 2, 1980, in Book 303 at Page 465, and as amended October 8, 1981, in Book 330 at Page 77, and September 14, 1982, in Book 345 at Page 844. 10. Terms, agreements, provisions, conditions and obligations as contained in Subdivision Improvements Agreement, recorded July 12, 1979, in Book 288 at Page 125. 11. Utility and drainage easement ten (10) feet in width are reserved along each side of every back lot line of every lot line in the subdivision. In Continued) Order No. 304487 -0 EXCEPTIONS - continued Policy No. D 747546 addition, utility and drainage easements seven and one -half (7 1/2) feet in width are reserved along each side of every lot in the subdivision not fronting on a dedicated street or road as reserved on plat recorded October 8, 1981, in Book 330 at Page 78. 12. Easements 10 feet in width are reserved along each side of every public roadway for slope maintenance drainage and snow storage and restrictions as notated on the final subdivision plat for Wildridge. 13. Building setback requirements and developable area within lots as designated on the final subdivision plat of Wildridge. 14. Easement and right of way for constructing, repairing, operating and maintaining purposes, as granted by Block 5, Ltd., a Colorado limited partnership to Ute Electric Association, Inc., a Colorado corporation by instrument recorded October 26, 1982, in Book 347 at page 710, said easement being more particularly described therein. 15. Easement and right of way for ingress and egress purposes, as granted by Block 5, Ltd., a Colorado limited partnership to Wildridge Development Company, a Colorado partnership by instrument recorded January 3, 1983, in Book 351 at Page 370, said easement being more particularly described therein. 16. Utility and drainage easements as shown on the Plat of said Subdivision, said easements being 121 along the Southerly lot line of Lot 5. 17. Common access and utility easement as shown on the Plat of said subdivision said easement being 301 along the Northerly lot line of Lot 11. 18. One hundred foot Colorado Ute electrical easement as shown on the Plat of said subdivision said easement being over and across the Northerly portion of subject property. 19. Resolutions between the Town of Avon and Wildridge Development Company recorded October 8, 1981 in Book 330 at Page 79, January 20, 1982 in Book 335 at Page 112, January 14, 1983 in Book 352 at Page 29, and May 29, 1984 in Book 386 at Page 342. 20. Any and all unredeemed tax sales. 21. Deed of Trust from Town of Avon to the Public Trustee of Eagle County for the use of Chrysler Capital Public Finance Corp., to secure $1,460,000.00, dated April 1, 1991, and recorded May 7, 1991, in Book 553 at Page 329. NOTE: Security interest under the Uniform Commercial Code affecting Continued) Order No. 304487 -0 EXCEPTIONS - continued Policy No. D 747546 subject property, notice of which is given by Financing Statement, from Town of Avon, Colorado, a Municipal corporation, debtor(s), to Chrysler Capital Public Finance Corp., secured party, recorded May 7, 1991, in Book 553 at Page 330. Form No. 1065 (6/87) ALTA Loan Policy- Form 1 Schedule A File No. 304487 -M Amount of Insurance $ 1, 460, 000.00 SCHEDULE A Policy No. C- 1512739 Premium $ 50.00 Date of Policy May 7, 1991 am. at 12:41 P.M. P.M. 1. Name of Insured: CH RYLSER CAPITOL PUBLIC FINANCIAL CORP. 2. The estate or interest in the land which is encumbered by the insured mortgage is: FEE 3. Title to the estate or interest in the land is vested in: T0WN OF AVON, a Municipal corporation 4. The insured mortgage and assignments thereof, if any, are described as follows: Deed of Trust from Town of Avon to the Public Trustee of Eagle County for the use of Chrysler Capital Public Finance Corp., to secure $1,460,000.00, dated April 1, 1991, and recorded May 7, 1991, in Book 553 at Page 329. 5. The land referred to in this policy is described as follows: LEGAL DESCRIPTION SET FORTH ON SHEET ATTACHED HERETO AND BY THIS REFERENCE INCORPORATED HEREIN AND MADE A PART HEREOF. Form.No. 1066 -4 -C (CO-87) Order No. 304487 SCH EDU LE C Policy No. C 1512739 The land referred to in Schedule A is situated in the State of Colorado, County of Fag I L- and is described as follows: Lots 5 and 11, Block 5, WILDRIDGE SUBDIVISION Form No. 1402 -c Order No. 304487 -0 ALTA Standard Policy Western Region Policy No. C 151273 Rev. 9/87) 1987 Colorado Only SCHEDULE B PART I This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: Section One: 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. 2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained byan inspection of said land orby making inquiry of persons in posses- sion thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by public records. 5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. 6. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown by the public records. Section Two: 7. Right of way for ditches or canals constructed by the authority of the United States, as reserved in United States Patent recorded November 23, 1949, in Book 134 at Page 524. 8. Reservations of all the coal and other minerals in the land together with the right of prospect for mine and remove the same pursuant to the provisions and limitations of the act of December 29, 1916, as reserved in document recorded November 23, 1949, in Book 134 at Page 524. 9. Restrictions, which do not contain a forfeiture or reverter clause, but omitting restrictions, if any, based on race, color, religion or national origin, as contained in instrument recorded July 12, 1979, in Book 288 at Page 123, as- amended by - instrument recorded June 2, 1980, in Book 303 at Page 465, and as amended October 8, 1981, in Book 330 at Page 77, and September 14, 1982, in Book 345 at Page 844. 10. Terms, agreements, provisions, conditions and obligations as contained in Subdivision Improvements Agreement, recorded July 12, 1979, in Book 288 at Page 125. 11. Utility and drainage easement ten (10) feet in width are reserved along each side of every back lot line of every lot line in the subdivision. In Continued) Order No. 304487 -M EXCEPTIONS - continued Policy No. C 1512739 addition, utility and drainage easements seven and one -half (7 1/2) feet in width are reserved along each side of every lot in the subdivision not fronting on a dedicated street or road as reserved on plat recorded October 8, 1981, in Book 330 at Page 78. 12. Easements 10 feet in width are reserved along each side of every public roadway for slope maintenance drainage and snow storage and restrictions as notated on the final subdivision plat for Wildridge. 13. Building setback requirements and developable area within lots as designated on the final subdivision plat of Wildridge. 14. Easement and right of way for constructing, repairing, operating and maintaining purposes, as granted by Block 5, Ltd., a Colorado limited partnership to Ute Electric Association, Inc., a Colorado corporation by instrument recorded October 26, 1982, in Book 347 at page 710, said easement being more particularly described therein. 15. Easement and right of way for ingress and egress purposes, as granted by Block 5, Ltd., a Colorado limited partnership to Wildridge Development Company, a Colorado partnership by instrument recorded January 3, 1983, in Book 351 at Page 370, said easement being more particularly described therein. 16. Utility and drainage easements as shown on the Plat of said Subdivision, said easements being 121 along the Southerly lot line of Lot 5. 17. Common access and utility easement as shown on the Plat of said subdivision said easement being 301 along the Northerly lot line of Lot 11. 18. One hundred foot Colorado Ute electrical easement as shown on the Plat of said subdivision said easement being over and across the Northerly portion of subject property. 19. Resolutions between the Town of Avon and Wildridge Development Company recorded October 8, 1981 in Book 330 at Page 79, January 20, 1982 in Book 335 at Page 112, January 14, 1983 in Book 352 at Page 29, and May 29, 1984 in Book 386 at Page 342. 20. Any and all unredeemed tax sales. Form No. 1178 (6/87) ALTA Construction Loan Policy Form 1 Schedule B- Part)l N, Order No. 304487 SCHEDULE B Policy No. C 1512739 PART II In addition to the matters set forth in Part I of this Schedule, the title to the estate or interest in the land described or referred to in Schedule (A) is subject to the following matters, if any be shown, but the Company insures that these matters are subordinate to the lien or charge of the insured mortgage upon the estate or interest: Security interest under the Uniform Commercial Code affecting subject property, notice of which is given by Financing Statement, from Town of Avon, Colorado, a Municipal corporation, debtor(s), to Chrysler Capital Public Fianace Corp., secured party, recorded May 7, 1991, in Book 553 at Page 330.