HomeMy WebLinkAbout1.03 Land Report from Title CompanyLAND TITLE GUARANTEE COMPANY
PROPERTY REPORT
Our Order No. GW63003560 Cust. Ref:
This report is based on a search made of documents affecting the record title to the property described hereinafter,
searched by legal description and by the names of the record owners. The information as to record owner is
taken from the most recent recorded Vesting Deed. No information is furnished relative to casements, covenants,
conditions and restrictions.
Liability of Land Title Guarantee Company under this Property Report is limited to the fee received.
Prepared For: BALCOMB AND GREEN
This Report is dated: November 14, 2008 at 5:00 P.M.
Address:
Legal Description:
SEE ATTACHED PAGE(S) FOR LEGAL DESCRIPTION
Record Owner:
ASPEN GLEN GOLF COMPANY, A COLORADO LIMITED PARTNERSHIP
We find the following documents of record affecting subject property:
1.. DEED OF TRUST DATED NOVEMBER 07, 1994, FROM ASPEN GLEN GOLF COMPANY, A
COLORADO LIMITED PARTNERSHIP TO THE PUBLIC TRUSTEE OF GARFIELD COUNTY FOR
TIIE USE OF CLUB FINANCIAL CORP., A NEVADA CORPORATION '1'O SECURE TIIE SUM OF
$15,500,000.00 RECORDED NOVEMBER 08, 1994, IN BOOK 921 AT PAGE 720 UNDER
RECEPTION NO. 470716.
2. A MORTGAGE DATED NOVEMBER 07, 1994 FROM ASPEN GLEN GOLF COMPANY, A COLORADO
LIMITED PARTNERSIIIP FOR THE USE OF THE ESTATE OF WALTER M. GLEASON ET AL
TO SECURE TIIE SUM OF $12,336,864.08, AND ANY OTHER AMOUNTS PAYABLE UNDER
TIIE TERMS THEREOF, RECORDED NOVEMBER 08, 1994, IN BOOK 921 AT PAGE 716.
Our Order No: GW63003560
LEGAL DESCRIPTION
A TRACT OF LAND SITUATE IN LOT 23 OF SECTION 12, LOTS 3, 4, 5, 8, 9, 10, 12,
13, 14. 15 AND 16 ()F SECTION 13, LOTS 1 AND 2 OF SECTION 24, ALL IN TOWNSHIP 7
SOUTH, RANGE 89 WEST, AND LOTS 1, 8, 9 AND 17 OF SECTION 19, TOWNSHIP 7 SOUTH,
RANGE 88 WEST OF TIIE 6TH PRINCIPAL MERIDIAN BEING MORE PARTICULARLY DESCRIBED
AS FOLLOWS:
BEGINNING AT THE N1/4 CORNER OF SAID SECTION 13;
THENCE N 00 DEGREES 11'14" W, 198.54 FEET ALONG THE WEST LINE OF SAID LOT 23 OF
SECTION 12 TO THE WESTERLY RIGHT -OF -WAY LINE OF COUNTY ROAD 109; THENCE ALONG
THE WESTERLY RIGHT -OF -WAY LINE OF COUNTY ROAD 109 THE FOLLOWING
COURSES:
THENCE, S I3 DEGREES 28'04" E, 297.83 FEET;
THENCE, S 09 DEGREES 05'41" E, 567.76 FEET;
TIIENCE, 5 17 DEGREES 42'56" E, 744.93 FEET;
THENCE, 5 40 DEGREES 03'42" E, 183.48 FEET;
THENCE, S 32 DEGREES 40'06" E, 479.34 FEET;
THENCE, S 20 DEGREES 26'02" E, 555.76 FEET;
THENCE 548.33 FEET ALONG THE ARC OF A 5347.84 FEET RADIUS CURVE TO THE LEFT,
HAVING A CENTRAL ANGLE OF 5 DEGREES 52'29" AND SUBTENDING A CHORD BEARING S 23
DEGREES 22'17" E 548.09 FEET;
THENCE, S 26 DEGREES 18'31" E, 854.10 FEET;
THENCE 231.08 FEET ALONG THE ARC OF A 670.33 FEET RADIUS CURVE TO THE RIGHT,
HAVING A CENTRAL ANGLE OF 19 DEGREES 45'06" AND SUBTENDING A CHORD BEARING S
16 DEGREES 25'58" E 229.94 FEET;
TIIENCE, S 06 DEGREES 33'24" E, 156.75 FEET;
TIIENCE 563.18 FEET ALONG THE ARC OF A 1695.67 FEET RADIUS CURVE TO THE LEFT,
HAVING A CENTRAL ANGLE OF 19 DEGREES 01'46' AND SUBTENDING A CHORD BEARING S
16 DEGREES 04'17" E 560.59 FEET;
THENCE, S 20 DEGREES 41'20" E, 13.75 FEET;
THENCE, S 29 DEGREES 02'45" E, 372.01 FEET;
THENCE, S 29 DEGREES 19'46" E, 503.37 FEET;
THENCE, S 32 DEGREES 15'50" E, 41.64 FEET;
THENCE, S 34 DEGREES 46'46" E, 656.82 FEET;
TIIENCE, S 46 DEGREES 01'35" E, 50.02 FEET;
THENCE, S 57 DEGREES 35'29" E, 486.06 FEET;
THENCE. 5 57 DEGREES 36'01" E, 513.49 FEET;
TIIENCE LEAVING SAID WESTERLY RIGHT -OF -WAY LINE OF COUNTY ROAD 109, N 81 DEGREES
57'00" W, 935.60 FEET;
TIIENCE, N 78 DEGREES 07'04" W, 1324.40 FEET TO A POINT ON THE WESTERLY LINE OF
SAID LOT 2 OF SECTION 24;
TIIENCE, N 00 DEGREES 41'21" E, 818.59 FEET ALONG THE WEST LINE OF SAID LOT 2 1'O
TIIE SOUTHEAST CORNER OF LOT 14 OF SAID SECTION 13;
TIIENCE, S 89 FEBRUARY 05'51" W. 1302.51 FEET ALONG TIIE SOUTH LINE OF SAID LOT 14
TO TIIE SOUTIIWEST CORNER OF SAID LOT 14;
THENCE, N 00 FEBRUARY 10'18" E, 5330.06 FEET ALONG TIIE WEST LINE OF SAID LOT 14,
I,OT 13, LOT 4 AND LOT 3 OF SAID SECTION 13 TO THE POINT OF BEGINNINNG.
COUNTY OF GARFIEI,D
STATE OF COLORADO