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HomeMy WebLinkAboutFTC SKIBOS SC, WTF (VERIZON) - PDP - PDP170039 - SUBMITTAL DOCUMENTS - ROUND 1 - LEGAL DOCUMENTSLand Title Guarantee Company Representing Old Republic National Title Insurance Company WIRELESS FACILITY PROPERTY INFORMATION BINDER Order Number: RND25148351 Policy Number: WFB25148351.2247334 Liability: $75,000.00 Fee: $1,250.00 Subject to the exclusions from coverage, the limits of liability and other provisions of the Conditions and Stipulations hereto annexed and made a part of this Binder, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY a Corporation, herein called the Company, GUARANTEES LRK CONSULTING Herein called the Assured, against loss, not exceeding the liability amount stated above, which the assured shall sustain by reason of any incorrectness in the assurance which the Company hereby gives that, according to the public records as of April 03, 2017 at 5:00 P.M. 1. Title to said estate or interest at the date hereof is vested in: SCREAMING EAGLE PROPERTIES LLC, A COLORADO LIMITED LIABILITY COMPANY 2. The estate or interest in the land hereinafter described or referred to covered by this Binder is: A FEE SIMPLE 3. The land referred to in this Binder is situated in the State of Colorado, County of Larimer, described as follows: PARCEL I: BEGINNING AT A POINT 360 FEET NORTH OF THE SW CORNER OF THE NW 1/4 OF THE SW 1/4 OF SECTION 1, TOWNSHIP 7 NORTH, RANGE 69 WEST OF THE 6TH P.M., CITY OF FORT COLLINS, COUNTY OF LARIMER, STATE OF COLORADO, AND CONSIDERING SAID SECTION LINE AS RUNNING DUE NORTH AND SOUTH; THENCE EAST 190 FEET; THENCE NORTH 60 FEET; THENCE WEST 190 FEET; THENCE SOUTH 60 FEET TO THE POINT OF BEGINNING; LESS THE WEST 40 FEET FOR STATE HIGHWAY. PARCEL II: Land Title Guarantee Company Representing Old Republic National Title Insurance Company WIRELESS FACILITY PROPERTY INFORMATION BINDER Order Number: RND25148351 Policy Number: WFB25148351.2247334 CONSIDERING THE WEST LINE OF SECTION 1, TOWNSHIP 7 NORTH, RANGE 69 WEST OF THE 6TH P.M., CITY OF FORT COLLINS, COUNTY OF LARIMER, STATE OF COLORADO, AS RUNNING NORTH AND SOUTH AND WITH ALL BEARINGS HEREIN RELATIVE THERETO; COMMENCING AT A POINT 420 FEET NORTH OF THE SW CORNER OF THE NW 1/4 OF THE SW 1/4 OF SAID SECTION 1; RUNNING THENCE NORTH 140 FEET; THENCE EAST 190 FEET; THENCE SOUTH 140 FEET; THENCE WEST 190 FEET TO THE POINT OF BEGINNING; EXCEPT THE WEST 40 FEET THEREOF HERETOFORE CONVEYED TO THE COUNTY COMMISSIONERS OF LARIMER COUNTY AND EXCEPT THAT PORTION CONVEYED TO THE CITY OF FORT COLLINS IN DEED RECORDED JANUARY 9, 2012 UNDER RECEPTION NO. 20120001463. 4. The following documents affect the land: 1) EXISTING LEASES AND TENANCIES, IF ANY. 2) ALL EXISTING ROADS, HIGHWAYS, PIPELINES, UTILITIES AND RIGHTS OF WAY AND EASEMENTS THEREFORE. 3) RIGHT OF WAY EASEMENT AS GRANTED TO CITY OF FORT COLLINS IN INSTRUMENT RECORDED JANUARY 17, 1989, UNDER RECEPTION NO. 89002475. 4) RIGHT OF WAY EASEMENT AS GRANTED TO CITY OF FORT COLLINS IN INSTRUMENT RECORDED SEPTEMBER 28, 1999, UNDER RECEPTION NO. 99085433. 5) TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN RESOLUTION 2004-152 RECORDED APRIL 21, 2005 UNDER RECEPTION NO. 20050031735. 6) TERMS, CONDITIONS, PROVISIONS, BURDENS AND OBLIGATIONS AS SET FORTH IN AGREEMENT FOR POSSESSION AND USE RECORDED AUGUST 10, 2011 UNDER RECEPTION NO. 20110048188. 7) DEED OF TRUST DATED MARCH 23, 2016, FROM SCREAMING EAGLE PROPERTIES LLC, A COLORADO LIMITED LIABILITY COMPANY TO THE PUBLIC TRUSTEE OF LARIMER COUNTY FOR THE USE OF NORTHSTAR BANK OF COLORADO TO SECURE THE SUM OF $306,262.63 RECORDED MARCH 29, 2016, UNDER RECEPTION NO. 20160018722. SAID DEED OF TRUST WAS FURTHER SECURED IN ASSIGNMENT OF RENTS RECORDED MARCH 29, 2016, UNDER RECEPTION NO. 20160018723. 8) DEED OF TRUST DATED MARCH 23, 2016, FROM SCREAMING EAGLE PROPERTIES LLC, A COLORADO LIMITED LIABILITY COMPANY TO THE PUBLIC TRUSTEE OF LARIMER COUNTY FOR Land Title Guarantee Company Representing Old Republic National Title Insurance Company WIRELESS FACILITY PROPERTY INFORMATION BINDER Order Number: RND25148351 Policy Number: WFB25148351.2247334 THE USE OF NORTHSTAR BANK OF COLORADO TO SECURE THE SUM OF $400,000.00 RECORDED MARCH 29, 2016, UNDER RECEPTION NO. 20160018724. SAID DEED OF TRUST WAS FURTHER SECURED IN ASSIGNMENT OF RENTS RECORDED MARCH 29, 2016, UNDER RECEPTION NO. 20160018725. NOTE: THIS BINDER DOES NOT REFLECT THE STATUS OF TITLE TO WATER RIGHTS OR REPRESENTATION OF SAID RIGHTS, RECORDED OR NOT. NOTE: THIS BINDER IS NOT A REPORT OR REPRESENTATION AS TO MINERAL INTERESTS, AND SHOULD NOT BE USED, OR RELIED UPON, IN CONNECTION WITH THE NOTICE REQUIREMENTS THAT ARE SET FORTH IN CRS 24-65.5-103.