HomeMy WebLinkAbout1.08 Title Commitment1) General Application Materials
e) Ownership Documentation
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Land Title Guarantee Company
Customer Distribution
Order Number: ABH63011941·2 Date: 05/25/2017
Property Address: TBD, PARACHUTE, CO 81635
PLEASE CONTACT YOUR CLOSER OR CLOSER'S ASSISTANT FOR WIRE TRANSFER INSTRUCTIONS
For Closing Assistance
Danielle Lawrence
2454 PATTERSON RD #100
GRAND JUNCTION, CO 81505
(970) 248-3885 (Work)
(800) 322-4072 (Work Fax)
dlawrence@ltgc.com
Contact License: C0473385
Company License: C068747
Buyer/Borrower
PRO GAS, LLC
Attention: JIM BRACH
136912 1/2 ROAD
LOMA, CO 81524
Delivered via: Delivered by Realtor
Seller/Owner
Closer's Assistant
Rebecka Temmer
For Title Assistance
Susan Koppman
2454 PATTERSON RD #100
GRAND JUNCTION, CO 81505
(970) 248-3884 (Work)
5975 GREENWOOD PLAZA BLVD
GREENWOOD VILLAGE, CO 80111
skoppman@ltgc.com
(800) 322-4072 (War~ Fax)
bte1nmer@ltgc.com
Contact License: C0472208
Company License: C068747
Agent for Buyer
UNITED COUNTRY REALOUEST REAL TY
Attention: MICHAEL KRIEG
428MAIN ST
GRAND JUNCTION, CO 81501
(970) 256-9700 (Work)
(970) 640-4772 (Home)
(970) 256-1766 (Work Fax)
mkrieg@unitedcountry.com
Delivered via: Courier
Seller/Buyer Agent
MICHAEL C. COMPTON AND NATALIE F. COMPTON
PO BOX4088
UNITED COUNTRY REALOUEST REALTY
Attention: TERESA RENS
GRAND JUNCTION, CO 81502
Delivered via: Delivered by Realtor
428MAIN ST
GRAND JUNCTION, CO 81501
(970) 256-9700 (Work)
(970) 210-5190 (Home)
(970) 256-1766 (Work Fax)
trens@unitedcountryrq.com
Delivered via: Courier
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Land Title Guarantee Company
Estimate of Title Fees
Order Number: ABH63011941-2 Date: 0512512017
Property Address:
Parties:
Seller:
TBD, PARACHUTE, CO 81635
PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY
MICHAEL C. COMPTON AND NATALIE F. COMPTON, AS TO
PARCEL A AND MICHAEL COMPTON, AS TO PARCEL B
Visit Land Title's Website at www !tac com for directions to any of our offices
Estimate of Title insurance Fees
"ALTA" Owner's Policy 06-17-06 $504.00
Deletion of Standard Exception(s) $100.00
Tax Certificate X4 $104.00
Total $708.00 .
'11 Land Title Guarantee Company will be closing this transaction, the fees listed above will be collected at closing.
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Thank you for your order!
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CHAIN OF TITLE DOCUMENTS:• Garfield county recorded 0211312009 under reception no. 763205
• Garfield county recorded 03/1212008 under reception no. 744520
• Garfield county recorded 03/1512010 under reception no. 783240
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ALTA COMMITMENT
Old Republic National Title Insurance Company
Schedule A
Order Number:ABH63011941·2
Customer Ref-Loan No.:
Property Address:
TBD, PARACHUTE, CO 81635
1. Effective Date:
04/27/2017 at 5:00 P.M.
2. Policy to be Issued and Proposed Insured:
"ALTA" Owner's Policy 06-17-06
Proposed Insured:
PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY
3. The estate or interest in the land described or referred to in this Commitment and covered herein is:
A Fee Simple
4. Title to the estate or interest covered herein is at the effective date hereof vested in:
$55,000.00
MICHAEL C. COMPTON AND NATALIE F. COMPTON, AS TO PARCEL A AND MICHAEL COMPTON, AS TO
PARCELB
5. The Land referred to in this Commitment is described as follows:
PARCEL A:
LOTS 1, 3, 18, 19 AND 20,
BLOCK 12, TRAVELERS HIGHLANDS SUBDIVISION, ACCORDING TO THE PLAT THEREOF RECORDED
AUGUST 15, 1962 AT RECEPTION NO. 218477,
COUNTY OF GARFIELD, STATE OF COLORADO
PARCEL B:
LOT 2,
BLOCK 12, TRAVELERS HIGHLANDS SUBDIVISION, ACCORDING TO THE PLAT THEREOF RECORDED
AUGUST 15, 1962 AT RECEPTION NO. 218477,
COUNTY OF GARFIELD, STATE OF COLORADO
ALT A COMMITMENT
Old Republic National Title Insurance Company
Schedule A
Copyright 2006-2017 American Land Title Association. All rights reserved.
The use of this Form is restricted to AL TA licensees and AL TA members in good standing
as of the date of use. All other uses are prohibited. Reprinted under license from the
American Land Title Association.
Order Number:ABH63011941-2
AMERICAN
LAND TITLE
ASSOClATION
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Order Number: ABH63011941-2
AL TA COMMITMENT
Old Republic National Tille Insurance Company
Schedule B-1
(Requirements)
The following are the requirements to be complied with:
Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or
interest to be insured.
Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for record,
to-wit:
1. (THIS ITEM WAS INTENTIONALLY DELETED)
2. A FULL COPY OF THE FULLY EXECUTED OPERATING AGREEMENT AND ANY AND ALL AMENDMENTS
THERETO FOR PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY MUST BE FURNISHED TO
LAND TITLE GUARANTEE COMPANY. SAID AGREEMENT MUST DISCLOSE WHO MAY CONVEY,
ACQUIRE, ENCUMBER, LEASE OR OTHERWISE DEAL WITH INTERESTS IN REAL PROPERTY FOR SAID
ENTITY.
NOTE: ADDITIONAL REQUIREMENTS MAY BE NECESSARY UPON REVIEW OF THIS DOCUMENTATION.
3. DULY EXECUTED AND ACKNOWLEDGED STATEMENT OF AUTHORITY SETTING FORTH THE NAME OF
PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY AS A LIMITED LIABILITY COMPANY. THE
STATEMENT OF AUTHORITY MUST STATE UNDER WHICH LAWS THE ENTITY WAS CREATED, THE
MAILING ADDRESS OF THE ENTITY, AND THE NAME AND POSITION OF THE PERSON(S) AUTHORIZED
TO EXECUTE INSTRUMENTS CONVEYING, ENCUMBERING, OR OTHERWISE AFFECTING TITLE TO REAL
PROPERTY ON BEHALF OF THE ENTITY AND OTHERWISE COMPLYING WITH THE PROVISIONS OF
SECTION 38-30-172, CRS.
NOTE: THE STATEMENT OF AUTHORITY MUST BE RECORDED WITH THE CLERK AND RECORDER.
4. SPECIAL WARRANTY DEED FROM MICHAEL C. COMPTON AND NATALIE F. COMPTON, AS TO PARCEL A
AND MICHAEL COMPTON, AS TO PARCEL B TO PRO GAS, LLC, A COLORADO LIMITED LIABILITY
COMPANY CONVEYING SUBJECT PROPERTY.
Order Number: ABH63011941~2
AL TA COMMITMENT
Old Republic National Tille Insurance Company
Schedule B-1
(Requirements)
The following are the requirements to be complied with~
NOTE: ITEMS 1-3 OF THE STANDARD EXCEPTIONS ARE HEREBY DELETED.
UPON THE APPROVAL OF THE COMPANY AND THE RECEIPT OF A NOTARIZED FINAL LIEN AFFIDAVIT,
ITEM NO. 4 OF THE STANDARD EXCEPTIONS ON THE OWNER'S POLICY, WILL BE AMENDED AS
FOLLOWS:
ITEM NO. 4 OF THE STANDARD EXCEPTIONS IS DELETED AS TO ANY LIENS OR FUTURE LIENS
RESULTING FROM WORK OR MATERIAL FURNISHED AT THE SPECIFIC, DIRECT REQUEST, AND WITH
THE ACTUAL KNOWLEDGE OF MICHAEL C. COMPTON AND NATALIE F. COMPTON, AS TO PARCEL A
AND MICHAEL COMPTON, AS TO PARCEL B.
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY SHALL HAVE NO LIABILITY FOR ANY LIENS
ARISING FROM WORK OR MATERIAL FURNISHED AT THE SPECIFIC, DIRECT REQUEST, AND WITH THE
ACTUAL KNOWLEDGE OF PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY.
NOTE: ITEM 5 OF THE STANDARD EXCEPTIONS WILL BE DELETED IF LAND TITLE GUARANTEE
COMPANY CONDUCTS THE CLOSING OF THE CONTEMPLATED TRANSACTION(S) AND RECORDS THE
DOCUMENTS IN CONNECTION THEREWITH.
NOTE: UPON PROOF OF PAYMENT OF 2016 TAXES, ITEM 6 WILL BE AMENDED TO READ:
TAXES AND ASSESSMENTS FOR THE YEAR 2017 AND SUBSEQUENT YEARS.
Order Number: ABH63011941-2
AL TA COMMITMENT
Old Republic National Title Insurance Company
Schedule B·2
(Exceptions)
The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of
the Company:
1. Any facts, rights, Interests, or claims thereof, not shown by the Public Records but that could be
ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land.
2. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.
3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Tille that
would be disclosed by an accurate and complete land survey of the Land and 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. 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 of the proposed Insured
acquires of record for value the estate or interest or mortgage thereon covered by this Commitment.
6. (a) Taxes or assessments that 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; (b) proceedings by a public agency
that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the
records of such agency or by the Public Records.
7. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance
thereof; (c) water rights, claims or title to water.
8. EXISTING LEASES AND TENANCIES.
9. RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM
SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN
UNITED STATES PATENT RECORDED MARCH 26, 1902, IN BOOK 56 AT PAGE 444.
10. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED
STATES AS RESERVED IN UNITED STATES PATENT RECORDED MARCH 26, 1902, IN BOOK 56 AT PAGE
444.
11. RESERVING HEREFROM ALL OIL, GAS, HYDROCARBONS AND OTHER MINERALS IN, UNDER OR
ISSUING OUT OF OR FROM SAID LANDS OR ANY PART THEREOF, WITH THE RIGHT TO EXTRACT AND
REMOVE THE SAME AS RECITED IN QUIT CLAIM DEED RECORDED SEPTEMBER 3, 1929 IN BOOK 155
AT PAGE 372.
12. EXCEPTING, HOWEVER, AN UNDIVIDED FIVE-SIXTH (5/6TH) OF ALL MINERAL RIGHTS UPON, UNDER
OR APPURTENANT TO ANY AND ALL OF SAID LANDS ABOVE DESCRIBED, IT BEING THE INTENTION OF
THE PARTIES HERETO THAT AN UNDIVIDED ONE-SIXTH (1/6TH) OF ALL MINERALS ARE CONVEYED
HEREBY AND ALIKE INTEREST IN ALL OIL AND GAS OR OTHER MINERAL LEASES NOW EFFECTING
ANY OF SAID LANDS AND ALL RIGHTS TO RENTALS AND ROYALTY OR OTHER BENEFITS
THEREUNDER AS RECITED IN WARRANTY DEED RECORDED MAY 15, 1959 AS DOCUMENT NO. 205393
JN BOOK 317 AT PAGE 276.
I
Order Number: ABH63011941-2
AL TA COMMITMENT
Old Republic National Title Insurance Company
Schedule B·2
(Exceptions)
The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of
the Company:
13. RESERVING, HOWEVER, UNTO GRANTOR (CHARLES P. CASTEEL) AND TO PRIOR OWNERS, AS THEIR
INTERESTS MAY APPEAR, ALL OIL, GAS, AND OTHER MINERALS IN, ON OR UNDER SAID LANDS AND
THE RIGHT OF INGRESS AND EGRESS TO EXPLORE FOR, MINE, DRILL FOR, AND REMOVE ANY OR
ALL SUCH OIL, GAS, AND OTHER MINERALS RECORDED AUGUST 15, 1961 IN BOOK 343 AT PAGE 426.
14. EASEMENTS, RIGHTS OF WAY AND OTHER MATTERS AS SHOWN ON THE PLAT OF TRAVELERS
HIGHLANDS SUBDIVISION RECORDED AUGUST 15, 1962 AS DOCUMENT NO. 218477.
15. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT
OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX,
SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL
ORIGIN, ANCESTRY, OR SOURCE OF INCOME, AS SET FORTH IN APPLICABLE STATE OR FEDERAL
LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY
APPLICABLE LAW, AS CONTAINED IN INSTRUMENT RECORDED AUGUST 15, 1962, IN BOOK 343 AT
PAGE 428.
16. TERMS, CONDITIONS AND PROVISIONS OF INSTRUMENT RECORDED DECEMBER 06, 2004 IN BOOK
1644 AT PAGE 688.
17. TERMS, CONDITIONS AND PROVISIONS OF AGREEMENT RECORDED DECEMBER 10, 2004 IN BOOK
1646 AT PAGE 841.
18. TERMS, CONDITIONS AND PROVISIONS OF RESOLUTION NO. 05-05 RECORDED JANUARY 11, 2005 IN
BOOK 1655 AT PAGE 217.
19. TERMS, CONDITIONS AND PROVISIONS OF MEMORANDUM OF OIL AND GAS LEASE RECORDED
FEBRUARY 24, 2006 IN BOOK 1774 AT PAGE 400.
20. TERMS, CONDITIONS AND PROVISIONS OF RESOLUTION N0.0103 RECORDED SEPTEMBER 05, 2008
UNDER RECEPTION NO. 755185.
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LAND TITLE GUARANTEE COMPANY
DISCLOSURE STATEMENTS
N01e: l"'Ursuant to CRS 10-11-122, notice is hereby given that:
(A) The Subject real property may be located in a special taxing district.
(8) A certificate of taxes due listing each taxing jurisdiction will be obtained from the county treasurer of the county in
which the real property is located or that county treasurer's authorized agent unless the proposed insured provides
written instructions to the contrary. (for an Owner's Policy of Title Insurance pertaining to a sale of residential real
property).
(C) The information regarding special districts and the boundaries of such districts may be obtained from the Board of
County Commissioners, the County Clerk and Recorder, or the County Assessor.
Note: Effective September 1, 1997, CRS 30-10-406 requires that all documents received for recording or filing in the clerk
and recorder's office shall contain a top margin of at least one inch and a left, right and bottom margin of at least one half of
an inch. The clerk and recorder may refuse to record or file any document that does not conform, except that, the
requirement for the top margin shall not apply to documents using forms on which space is provided for recording or filing
information at the top margin of the document.
Note: Colorado Division of Insurance Regulations 8-1-2 requires that "Every title entity shall be responsible for all matters
which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for
recording or filing of legal documents resulting from the transaction which was closed". Provided that Land Title Guarantee
Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the
transaction, exception number 5 will not appear on the Owner's Title Policy and the Lenders Policy when issued.
Note: Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception no. 4 of
Schedule 8, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following
conditions:
(A) The land described in Schedule A of this commitment must be a single family residence which includes a
condominium or townhouse unit.
(8) No labor or materials have been furnished by mechanics or material-men for purposes of construction on the land
described in Schedule A of this Commitment within the past 6 months.
(C) The Company must receive an appropriate affidait indemnifying the Company against un-filed mechanic's and
material-men's liens.
(D) The Company must receive payment of the appropriate premium.
(E) If there has been construction, improvements or major repairs undertaken on the property to be purchased within six
months prior to the Date of Commitment, the requirements to obtain coverage for unrecorded liens will include:
disclosure of certain construction information; financial information as to the seller, the builder and or the contractor;
payment of the appropriate premium fully executed Indemnity Agreements satisfactory to the company, and, any
additional requirements as may be necessary after an examination of the aforesaid information by the Company.
No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed
to pay.
Note: Pursuant to CRS 10-11-123, notice is hereby given:
This notice applies to owner's policy commitments disclosing that a mineral estate has been severed from the surface
estate, in Schedule B-2.
(A) That there is recorded evidence that a mineral estate has been severed, leased, or otherwise conveyed from the
surface estate and that there is substantial likelihood that a third party holds some or all interest in oil, gas, other
minerals, or geothermal energy in the property; and
(B) That such mineral estate may include the right to enter and use the property without the surface owner's permission.
Note: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false, incomplete, or misleading facts or
information to an insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may
include imprisonment 1 fines, denial of insurance, 'and civil damages. Any insurance company or agent of an insurance
company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the
purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable
from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory
Agencies.
Note: Pursuant to Colorado Division of Insurance Regulations 8-1-3, notice is hereby given of the availability of a closing
protection letter for the lender, purchaser, lessee or seller in connection with this transaction.
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JOINT NOTICE OF PRIVACY POLICY OF
LAND TITLE GUARANTEE COMPANY,
LAND TITLE GUARANTEE COMPANY OF SUMMIT COUNTY
LAND TITLE INSURANCE CORPORATION AND
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
This Statement is provided to you as a customer of Land Title Guarantee Company and Meridian Land Title, LLC, as agents
for Land Title Insurance Corporation and Old Republic National Title Insurance Company.
We want you to know that we recognize and respect your privacy expectations and the requirements of federal and state
privacy laws. Information security is one of our highest priorities. We recognize that maintaining your trust and confidence is
the bedrock of our business. We maintain and regularly review internal and external safeguards against unauthorized
access to non-public personal information ("Personal Information").
In the course of our business, we may collect Personal Information about you from:
• applications or other forms we receive from you, including communications sent through TMX, our web-based
transaction management system;
• your transactions with, or from the services being performed by us, our affiliates, or others;
• a consumer reporting agency, if such information is provided to us in connection with your transaction;
and
• The public records maintained by governmental entities that we either obtain directly from those entities, or from our
affiliates and non-affiliates.
Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows:
• We restrict access to all Personal Information about you to those employees who need to know that information in
order to provide products and services to you.
• We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your
Personal Information from unauthorized access or intrusion.
• Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action.
• We regularly assess security standards and procedures to protect against unauthorized access to Personal
Information.
WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT
IS NOT PERMITTED BY LAW.
Consistent with applicable privacy laws, there are some situations in which Personal Information may be disclosed. We
may disclose your Personal Information when you direct or give us permission; when we are required by law to do so, for
example, if we are served a subpoena; or when we suspect fraudulent or criminal activities. We also may disclose your
Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is
needed to enforce our rights arising out of any agreement, transaction or relationship with you.
Our policy regarding dispute resolution is as follows: Any controversy or claim arising out of or relating to our privacy policy,
or the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration Association,
and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
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Commitment to Insure
AL TA Commitment· 2006 Rev.
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Minnesota corporatlon, (Company), for a valuable consideration, commits to
Issue Its policy or policies of tllle insurance, as identified in Schedule A, in favor or the Proposed Insured named in Schedule A, as owner or
mortgagee of the estate or Interest In the !and described or referred to Jn Schedule A, upon payment of the premlums and charges and
compliance vlith the requirements; al! subject to the provisions of Schedule A and Band to the Conditions of this Commitment.
This Commitment shall be effective only when the identity of the Proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A
by the Company. Al! liability and obligation under this commitment shall cease and terminate six months after the Effective Dale or when the policy or policies committed for
shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company.
Conditions and Stipulations
1, The term "mortgage", when used herein, shall include deed of trust, tnist deed, or other security instrument.
2. JI the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or
mortgage thereon covered by this Commitment other lhan those shown in Schedule B hereof, and shall fail to disclose such knowledge to Company in writing, the
Company shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so
disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any
such defect, lien, encumbrance, adverse claim or other matter, the Company at its option may amend Schedule B of this Commitment accordingly, but such
amendment shall not relieve the Company from liability previously Incurred pursuant to paragraph 3 of thase Conditions and Stipulations.
3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of
policy or policies committed for and only for actual loss Incurred in reliance hereon in unde1taklng in good faith (a) to comply with the requirements hereof or (b) to
eliminate exceptions shown in Schedule B, or (c) to acquire or create the estate or Interest or mortgage thereon covered by this Commitment. In no event sh al! such
liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions and the Conditions and
Stipulations and the Exclusions from Coverage of the form at policy or policies committed for in favor of the proposed Insured which are hereby incorporated by
reference and are made a part of this Commitment excapt as expressly modified herein.
4. This commitment is a contract to issue one or more title insurance policies and is not an abstract of title or a repo1t of the condition of title. Any action or actions or
tights of action that the proposed Insured may have or may bring against the Company arising out of the status of the titre to the estate or interest or the status or
the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment.
5. The policy to be issued contains an arbitration clause. All arbitrable mailers when the Amount of Insurance Is $2,000,000 or lass shall be arbitrated at the option of
either the Company or the Insured as the exclusive remedy of the pai-ties. You may review a copy or the arbitration rules at www.alta.org.
Standard Exceptions
In addition to the mailers contained In the Conditions and Stipulations and Exc!Lisions from Coverage above referred to, this Commitment ls also subject to the following:
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. Discrepancies, conflicts In boundary lines, shortage in area, encroachments, and any facts which a correct survey or inspection of the Land would disclose and which
are not shown by the Public Records.
4. Any lien, or right to a lien, for services, labor or mate1ial theretofore or hereafter furnished, imposed by raw and not shown by the Publ!c Records.
5. Defects, liens, encumbrances, adverse claims or other matters, ff 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 of record for value the estate or interest or mortgage thereon covered by this Commitment.
IN WITNESS WHEREOF, Old Republic National lltle Insurance Company has caused its corporate name and seal to be afflxed by Its duly authorized officers on the date
shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory.
Issued by:
Land Title Guarantee Company
3033 East First Avenue Suite 600
Denver, Colorado 80206
303-321-1880
"-Je~_')_
President
AMERICAN LAND TITLE ASSOCIATION ALTA COMMITMENT FORM Adopted Copyright 2006-
2017 American land Tltfe Association. All rights reserved.
Old Republic National Title Insurance
Company, a Stock Company
400 Second Avenue South
Minneapolis, Minnesota 55401
(612)371-1111
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Mark Bilbrey, President
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Rande Yeager, Secretary
AMERICAN
LAND TITH
ASSOC!ATION
Special Warranty Deed
(Pursuant to 38-30-115 C. R.S.)
.
State Documentary Fee
Date: May 30, 2017
$5.50
THIS DEED, made on May 30, 2017 by MICHAEL C. COMPTON AND NATALIE F. CQMPTON Grantor(s), of the County of
Mesa and State of Colorado for the consideration of ($55,000.00) ... Fifty Five Thousand and 00/100'" dollars In hand paid,
hereby sells and conveys to PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY Grantee(s), whose street address is
P.O. BOX 44, LOMA, CO 81524, County of Mesa, and State of Colorado, the following real property In the County of Garfield, and
State of Colorado, to wit:
PARCEL A:
LOTS 1, 3, 18, 19 AND 20, .
BLOCK 12, TRAVELERS HIGHLANDS SUBDIVISION, ACCORDING TO THE PLAT THEREOF .RECORDED AUGUST 15, 1962
AT RECEPTION NO. 21B4n,
COUNTY OF GARFIELD, STATE OF COLORADO
PARCEL 8:
LOT2,
BLOCK 12, TRAVELERS HIGHLANDS SUBDIVISION, ACCORDING TO THE PhAT THEREOF RECORDED AUGUST 15, 1962
AT RECEPTION NO. 21B4n,
COUNTY OF GARFIELD, STATE OF COLORADO
also known by street and number as: TBD, PARACHUTE, CO 81635
with all its appurtenances and warrants the title against all persons claiming under the Grantor(s), subject to general taxes for the
year 2017 and those specific Exceptions described by reference to recorded documents as reflected in the Title Documents
accepted by Grantee(s) In accordance with Record Title Matter (Section 8.2) of the Contract to Buy and Sell Real Estate relating to
the above described real property; distribution utility easements, (Including cable TV); those specifically described rights of third
parlies not shown by the pub/le records of which Grantee(s) has actual knowledge and which were accepted by Grantee(s) in
accordance with Off-Record Title Matters (Section 8.3) and Current Swvey Review (Section 9) of the Contract to Buy and Sell Real
Estate relating to the above described real property; inclusion of the Properly within any special tax district; any special assessment
If the improvements were not installed as of the date of Buyets signature on the Contract to Buy and Sell Real Estate, whether
assessed prior to or after Closing; and other NONE ·
MICHAEL C. COMPTON
1~lc~pt-~~
State of COLORADO
County of MESA
}SS
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The foregoing instrument was acknowiedged before me on this tjay cl May 30, 2017
by MICHAEL C. COMPTON AND NATALIE F. COMPTON
Form 34 closing/deeds/wd.html 63011941 (306396) 1111111111111111111111111111111
When Recorded Return to: PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY DANIELLE LAWRENCE
X LOMA C 24 NOTARY PUBLIC
Form 34 closingldeeds/wd.html
P.O. BO 44, • 0 615 STATE OF COLORADO
NOTARY ID 1120114008152
Mt Comm111100 Expires Fobru•ry 15, 2019
Coonly Of "'-
63011941 (306396)
REAL PROPERTY TRANSFER DECLARATION· (TD-1000)
GENERAL INFORMATION
Purpose: The Real Property Transfer Oecla~ation provides essential infOrmatlon to the county assessor to help ensure fair and
uniform assessments for all property for property tax purposes. Referto 39-14-102(4), Colorado Revised Statutes (C.R.S.).
Requlremen1s: All conveyance documents (deeds) subject to the documental)' fee submitted to the county clerk and recorder for
r0cordatlon must be accompanied by a Real Property Transfer Declaration. This declaration must be completed and signed by the
granter (seller) or grantee (buyer). Refer to 39-14-102(1)(a), C.R.S.
Penalty 1or Noncompliance: Whenever a Real Property Transfer Declaration does not accompany the deed, the cleri< and recorder
notifies the county assessor who will send a notice to the buyer requesting that the declarat!on be returned withiii t.hlrty days after
the notice is mailed.
If the completed Real Property Transfer Deciara\ion Is not returned to the county assessor within the 30 days of notice, the assessor
may Impose a penalty of $25.00 or .025% (.00025) of the sale price, whichever is greater. This penalty may be imposed for any
subsequent year that the buyer falls to submit the declaration until the property is sold. Refer to 39-14-102(1)(b), C.R.S.
Confidentlatlty: The assessor Is required to make the Real Property Transfer Declaration available for Inspection to the buyer.
However, It is only available to the seller If the seller filed the declaration. Information derived from the Real Property Transfer
Declaration Is ava!lab!e to any taxpayer or any agent of such taxpayer subject to confidentiality requirements as provided by law.
Refer to 39-5-121.5, C.R.S. and 39-13-102(5)(c), C.R.S.
1. Address and'or legal description of the real property sold: Please do not use P.O. Box numbers
TBD, PARACHUTE, CO 81635
2. Type of Property purchased: 0 Single Family Residential 0 Townhome 0 Condominium 0 Multi-Use Res 0
Commercial 0 Industrial 0 Agricultural 0 Mixed Use jgJ Vacant Land 0 Other
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3. Date of Closing: May 30, 2017 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Date of Contract if different than date of closing: May 16, 2017 ~~~~~~~~~~~~~~~~~~~~~~~-
4. Total sale price: Including all real and personal property. $55,000.00
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5. Was any personal property Included In the transaction? Personal property wculd include, but not limited to, carpeting,
d~~peries, free standing appllances 1 equipment, Inventory, furniture. If the personal property Is not listed, the entire purchase
price will be assumed to be for the real property as per 39-13-102, C.R.S. 0 Yes jgJ No If yes, approximate value $$0.00 Describe:N/A
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6. Did the total sales price Include a trade or exchange of additional real or personal property? If yes, give the approximate
value of the goods or seivices as of the date of closing. 0 Yes jgJ No II yes, value$ 0.00
If yes, does this transaction Involve a trade under IRS Code Section 10317 0 Yes jgJ No
7. Was 100% Interest In the real property purchased? Mark "no" if only a partial interest is being purchased.
~Yes D No It no, interest purchased: 0.00 °/o
8. Is this a transaction among related parties? Indicate whether the buyer or seller are related. Related parties include persons
within the same family, business affiliates, or affiliated corporations. 0 Yes jgJ No
9. Check any of the followlng that a~ to the condition of the Improvements at the time of purchase: 0 New 0 Excellent LJ Good 0 Average 0 Fair 0 Poor 0 Salvage
If the property is financed, please complete the following:
10. Tot~I amount financed:$
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11. Type of financing: (Check all that ~ly) 0 New 0 Assumed 0 Seller LJ Third Party 0 Combination; Explain
Form 76 closlng/recordings/rpt.html 63011941 (306396) 1111111111111111111111111111111
12. Terms:
Variable Starting interest rate '-%'-----------------------------
0 Fixed Interest rate '-%--------------------------
years Length of time
Balloon Payment 0 Yes D No If yes, amount $0.00 Due Date-----------
13. Mark any that apply: D Seller assisted down payment 0 Seller concessions 0 Special terms of financing.
If marked, please specify:'----------------------~-------~
For properties other than residential (Residential Is defined as: single family detached, townhomes, apartments, and cond6mfniums)
please complete questions 14-16 if applicable. Otherwise, skip to#17 to complete.
14. Did the purchase price include a franchise or license fee? D Yes 181 No
If yes, franchise or license fee value?
15. Did the purchase price involve an Installment land contract? 0 Yes ~No
If yes, date of contract:
16. If this was a vacant land sale, was an on-site inspection of the property conducted by the buyer pnor to the closing?
0Yes 0No
Remarks: Please include any additional information concerning the sale you may feel Is Important.
17. Signed on this day of 0513012017
Have at least one of the parties to the transaction sign the document, and include an address and a daytime phone number,
Signature of 181 Grantee(Buyer) 0 or Grantor(Seller)
PRO GAS, LLC, A COLORADO LIMITED LIABILITY
COMPANY
By: ~-------
~iifE BRACH, AS GENERAL MANAGER
18. All future correspondence (tax bills, property valuations, etc.) regarding this property should be mailed to:
PRO GAS, LLC, A COLORADO LIMITED LIABILITY COMPANY
P.O. BOX 44 LOMA, CO 81524
Phone: Email:
Form 76 closlnglrecordings/rpt.html 63011941 (306396)