Loading...
William W. Hall Survey, Abstract No. 687 (101 E. Highland Street) - ROWCITY OF SOUTHLAKE 9 Public Works Administration 1400 Main Street I Suite 320 1 Southlake, Texas 76092 1 (P) 817-748-8098 1 (f) 817-748-8077 May 8, 2013 [Certified Mail, Return Receipt Requested # 7010 0290 0002 2574 6445 and Hand Delivered] Pastor Ricky Franklin New Day Church 101 E. Highland Street Southlake, Texas 76092 Re: FINAL OFFER: 101 E. Highland Street, Southlake, Texas 76092 City of Southlake Road Widening Project A .0244 acre tract of land for a permanent Right -of -Way and a Temporary Construction Easement at the WILIAM W. HALL SURVEY, Abstract no. 687, in the City of Southlake, Tarrant County, Texas. Dear Pastor Franklin: In accordance with the Texas Landowner's Bill of Rights, prescribed by the Texas Legislature in Texas Government Code section 402.031 and Chapter 21 of the Texas Property Code, the City of Southlake commissioned Goodrich, Schechter & Associates of Fort Worth, Texas to appraise the market value of a 1,063 square feet (0.0244 acre) tract of land that the City proposes to acquire as a permanent Right of Way and 6,632 square feet for temporary construction easements. A copy of the appraisal was sent to you with the first offer. The City of Southlake is proposing to widen North White Chapel Boulevard from Emerald Boulevard to Highland Street to improve traffic flow as a part of the City's Capital Improvement Program. In order to accomplish this, it is necessary to construct a portion of the proposed improvements adjacent to your property at 101 East Highland Street. The City of Southlake is requesting a permanent Right Of Way at this location to allow for the construction of roadway improvements and City access for future construction or maintenance and repair. The City is requesting a 10 ft. temporary construction easement for a period of two years. The City of Southlake is prepared to make you a FINAL OFFER of forty-nine thousand, eight hundred and twenty dollars ($49,820) as compensation for the proposed Right of Way Acquisitions, Temporary Construction Easement, and for Trees and Shrubs. This final offer has increased by the amount of $1,200 for the replacement your memorial tree and by a 10% increase of the original offer which is $4,420. This increase should cover the costs to replace your handicap parking being affected by the project. All closing costs will be borne by the purchaser. New Day Church May 8, 2013 Page 2 of 2 The City would prefer to resolve this matter with you by agreement; however, if the offer is not accepted, or we have not heard from you by May 22, 2013, the City will move forward with condemnation through the City's power of eminent domain. We hope you will give this offer serious consideration. If in agreement, please sign the offer letter and return it to the City of Southlake in the attached envelope. If you have any questions, or wish to discuss this matter or the City's offer in more detail, please contact Mr. Jerry Hodge of Hodge & Associates at (817) 991-3161 orjerryh64@verizon.net. Sincerely, Steven D. Anderson, P.E. Civil Engineer cc: Robert Price, P.E., Director of Public Works EXECUTED this ?-�D day of 12013 SELLER: PASTOR RICKY FRANKLIN, NEW DAY CHURCH By: V� 1 101 E. Highland Street Southlake, Texas 76092 CITY OF SOUTHLAZE Public Works Adminisuarion 1400 Main Street I Suite 320 ! SoudAala , Teas 76092 I (p) 817-749-8098 I (f) 817-748-8077 May 8, 2013 [Certified Mail, Return Receipt Requested # 7010,0290 0002 2574 6445 and Hand Delivered] Pastor Ricky Franklin New Day Church 101 E. Highland Street Southlake, Texas 76092 Re: FINAL OFFER: 101 E. Highland Street, Soirthlake, Texas 76092 City of Southlake Road Widening Project A .0244 acre tract of land... for a permanent Right -of -Way and a Temporary Construction:. Easement at the WILIAM W. HALL -SURVEY, Abstract: no, 687; in 'the. City of Southlake, Tarrant County, Texas. Dear Pastor Franklin: In accordance with the Texas Landowner's Bill of Rights; prescribed by the Texas •Legislature in Texas Government Gode:secdon 402.031 and Chapter. 21 of the Texas Property Code, the City of Southlake commissioned ..Goodrich, Schechter & Associates bf Fort Worth, Texas to appraise the market value of 'a 1,-063 square -feet: (0.0244 acre) tract of land."that `the City proposes to acquire as a permanent Right of Way and 6,632 square feet. for temporary construction easements. A copy of the appraisal was sent to you with the first offer. . The City of Southlake is proposing to widen Nortli;White. Chapel Boulevard: from Emerald Boulevard to Highland Street to improve traffic flow as:a part: of the City's Capital Improvement Program. In order. .to .accomplish this, it is necessaryto .00nstrvct a portion. of the proposed improvements :adjacent to. your property at 101 East Highland:Street. The City Of Southlake is requesting a permanent Right Of Way at this location to a11ow for'the construction of roadway improvements and• Cityaccess ,for fixture construction oL maintenance and. repair. The City is requesting a 10 ft. temporary:.constiuction easement for a period of two years.... The City of Southlake is prepared to .make you a FINAL OFFER .of_forty-nine thousand, eight hundred and twenty dollars. ($49,820) As compensation for the.. proposed Right of Way Acquisitions, Temporary Construction Easement,.and for Trees and Shrubs. This final offer has increased by the amount of $1,200 for the replacement your memorial tree and by a 10% increase of the original offer which is $4,420. This increase should cover the costs to replace your handicap parking being affected by the project. All closing costs will be borne by the purchaser. New Day Church May 8, 2013 Page 2 of 2 The City would prefer to resolve this matter with you by agreement; however, if the offer is not accepted, or we have not heard from you by May 22, 2013, the City will move forward with condemnation through the City's power of eminent domain. We hope you will give this offer serious consideration. If in agreement, please sign the offer letter and return it to the City of Southlake in the attached envelope. If you have any questions, or wish to discuss this matter or the City's offer in more detail, please contact Mr. Jerry Hodge of Hodge & Associates at (817) 991-3161 orjenyh64@verizon.net. Sincerely, Steven D. Anderson, P.E. Civil Engineer cc: Robert Price, P.E., Director of Public Works EXECUTED this `� A�FIN day of 013 SELLER: PASTOR RICKS.' FRANKLIN, NEW DAY CHURCH By- 101 E. Highland Street Southlake, Texas 76092 THE FOLLOWING COMMITMENT FOR TITLE INSURANCE IS NOT VALID UNLESS YOUR NAME AND THE POLICY AMOUNT ARE SHOWN IN SCHEDULE A, AND OUR AUTHORIZED REPRESENTATIVE HAS COUNTERSIGNED BELOW. COMMITMENT FOR TITLE INSURANCE Issued by Stewart title guaranty company We, STEWART TITLE GUARANTY COMPANY, will issue our title insurance policy or policies (the Policy) to You (the proposed insured) upon payment of the premium and other charges due, and compliance with the requirements in Schedule B and Schedule C. Our Policy will be in the form approved by the Texas Department of Insurance at the date of issuance, and will insure your interest in the land described in Schedule A. The estimated premium for our Policy and applicable endorsements is shown on Schedule D. There may be additional charges such as recording fees, and expedited delivery expenses. This Commitment ends ninety (90) days from the effective date, unless the Policy is issued sooner, or failure to issue the Policy is our fault. Our liability and obligations to you are under the express terms of this Commitment and end when this Commitment expires. In witness whereof, the Company has caused this commitment to be signed and sealed as of the effective date of commitment as shown in Schedule A, the commitment to become valid and binding only when countersigned by an authorized signatory. Countersigned by: Auth ized Countersignature Company Capital Title of Texas, LLC 100 S. Village CeFit .r Drive city, state Southfake, Texas 76092 Senior Chairman of t 7eBoard 3 Chairman of the Board CONDITIONS AND STIPULATIONS 1. If you have actual knowledge of any matter which may affect the title or mortgage covered by this Commitment, that is not shown in Schedule B, you must notify us in writing,. If you do not notify us in writing, our liability to you is ended or reduced to the extent that your failure to notify us affects our liability. If you do notify us, or we learn of such matter, we may amend Schedule B, but we will not be relieved of liability already incurred. 2. Our liability is only to you, and others who are included in the definition of Insured in the Policy to be issued. Our liability is only for actual loss incurred in your reliance on this Commitment to comply with its requirements or to acquire the interest in the land. Our liability is limited to the amount shown in Schedule A of this commitment and will be subject to the following terms of the Policy: Insuring Provisions, Conditions and Stipulations, and Exclusions. All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to it at P.O. Box 2029, Houston, Texas 77252. stewart title guaranty company COMMITMENT FOR TITLE INSURANCE Issued By Stewart Title Guaranty Company SCHEDULE A Effective Date: November 24, 2013, 8:00 am GF No. 13-159200-SB Commitment No. , issued December 10, 2013, 8:00 am The policy or policies to be issued are: (a) OWNER'S POLICY OF TITLE INSURANCE (Form T-1) (Not applicable for improved one -to -four family residential real estate) Policy Amount: $49,820.00 PROPOSED INSURED: City of Southlake (b) TEXAS RESIDENTIAL OWNER'S POLICY OF TITLE INSURANCE - ONE -TO -FOUR FAMILY RESIDENCES (Form T-lR) Policy Amount: PROPOSED INSURED: (c) LOAN POLICY OF TITLE INSURANCE (Form T-2) Policy Amount: PROPOSED INSURED: Proposed Borrower: (d) TEXAS SHORT FORM RESIDENTIAL LOAN POLICY OF TITLE INSURANCE (Form T-2R) Policy Amount: PROPOSED INSURED: Proposed Borrower: (e) LOAN TITLE POLICY BINDER ON INTERIM CONSTRUCTION LOAN (Form T-13) Binder Amount: PROPOSED INSURED: Proposed Borrower: (f) OTHER Policy Amount: PROPOSED INSURED: The interest in the land covered by this Commitment is: Fee Simple - Tract 1 Record title to the land on the Effective Date appears to be vested in: Southlake Church of the Assemblies of God, Inc. 4. Legal description of the land: BEING a 0.0244 acre tract of land situated in the William W. Hall Survey, Abstract No. 687, in the City of Southlake, Tarrant County, Texas and being a portion of Lot 1R1, Block 1, Southlake Assembly of God Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Instrument No. D210148766 of the Official Public Records of Tarrant County, Texas, said Lot 1R1, Block 1 being the remainder of a called 2.07 acre tract conveyed to First Assembly of God Church, Inc., Southlake, Texas according to the Warranty Deed as recorded in Volume 4999, Page 57 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.) and the remainder of a called 10.011 acre tract conveyed to Southlake Assembly of God according to the Warranty Deed with Vendor's Lien as recorded in Volume 7597, Page 124, D.R.T.C.T., and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with plastic cap stamped "Area Surveying" found for the northwest corner of the aforementioned Lot 1R1, Block 1, said corner being at the intersection of the south right-of-way line of E. Highland Street (variable width right-of-way) and the east right-of- way line of N. White Chapel Boulevard; THENCE S 880 03' 25" E (plat-S 88' 02' 48" E), with the most westerly north line of said Lot 1R1, Block 1 and said south right-of-way line of E. Highland Street, 59.30 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189-00" set for corner at the beginning of a non -tangent curve to the left having a central angle of 351 10' 29", a FORM T-7: Commitment for Title Insurance Page I Continuation of Schedule A GF No. 13-159200-SB radius of 122.00 feet, a tangent length of 38.67 feet, and a chord which bears S 53' 59' 28" W, 73.73 feet; THENCE, departing the most westerly north line of said Lot 1R1, Block 1 and said south right-of-way line of E. Highland Street and with said non -tangent curve to the left, an arc distance of 74.90 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189-00" set for corner in the west line of said Lot 1R1, Block 1 and the aforementioned east right-of-way line of N. White Chapel Boulevard, from whence a 1/2" iron rod found for the southwest corner of said Lot 1R1, Block 1 bears S 00' 28' 20" W (plat-N 00128' 47" E), 238.25 feet and S 000 37' 41" E (plat-N 00137' 14" W), 434.27 feet; THENCE N 000 28' 20" E (plat-N 000 28' 47" E), with the west line of said Lot 1R1, Block 1 and said east right-of- way line of N. White Chapel Boulevard, 45.36 feet to the POINT OF BEGINNING and containing 0.0244 acres or 1,063 square feet of land, more or less. NOTE: The Company is prohibited from insuring the area or quantity of the land described herein. Any statement in the legal description contained in Schedule "A" as to area or quantity of land is not a representation that such area or quantity is correct, but is made only for informal identification purposes and does not override Item 2 of Schedule "B" hereof. FORDO T-7: Commitment for Title Insurance Page 2 COMMITMENT FOR TITLE INSURANCE Issued By Stewart Title Guaranty Company SCHEDULE B EXCEPTIONS FROM COVERAGE In addition to the Exclusions and Conditions and Stipulations, your Policy will not cover loss, costs, attorneys' fees, and expenses resulting from: 1. The following restrictive covenants of record itemized below (We must either insert specific recording data or delete this exception): Item No. 1, Schedule B, has been deleted in its entirety. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3. Homestead or community property or survivorship rights, if any, of any spouse of any insured. (Applies to the Owner's Policy only.) 4. Any titles or rights asserted by anyone, including, but not limited to, persons, the public, corporations, governments or other entities, a. to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or b. to lands beyond the line of harbor or bulkhead lines as established or changed by any government, or C. to filled -in lands, or artificial islands, or d. to statutory water rights, including riparian rights, or e. to the area extending from the line of mean low tide to the line of vegetation, or the rights of access to that area or easement along and across that area. (Applies to the Owner's Policy only.) 5. Standby fees, taxes and assessments by any taxing authority for the year 2013, and subsequent years; and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership, but not those taxes or assessments for prior years because of an exemption granted to a previous owner of the property under Section 11.13, Texas Tax Code, or because of improvements not assessed for a previous tax year. (If Texas Short Form Residential Loan Policy (T-2R) is issued, that policy will substitute "which become due and payable subsequent to Date of Policy" in lieu of "for the year and subsequent years.") 6. The terms and conditions of the documents creating your interest in the land. 7. Materials furnished or labor performed in connection with planned construction before signing and delivering the lien document described in Schedule A, if the land is part of the homestead of the owner. (Applies to the Loan Title Policy Binder on Interim Construction Loan only, and may be deleted if satisfactory evidence is furnished to us before a binder is issued.) 8. Liens and leases that affect the title to the land, but that are subordinate to the lien of the insured mortgage. (Applies to Loan Policy (T-2) only.) FORM T-7: Commitment for Title Insurance Page 3 Continuation of Schedule B GF No. 13-159200-SB 9. The Exceptions from Coverage and Express Insurance in Schedule B of the Texas Short Form Residential Loan Policy (T- 2R). (Applies to Texas Short Form Residential Loan Policy (T-2R) only. Separate exceptions 1 through 8 of this Schedule B do not apply to the Texas Short Form Residential Loan Policy (T-2R). 10. The following matters and all terms of the documents creating or offering evidence of the matters (We must insert matters or delete this exception.): a. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all rights, privileges and immunities relating thereto, appearing in the Public Records whether listed in Schedule B or not. There may be leases, grants, exceptions or reservations of mineral interest that are not listed. b. All visible and apparent easements or uses and all underground easements or uses, the existence of which may arise by unrecorded grant or by use. C. Rights of parties in possession. d. Rights of tenants, as tenants only, under unrecorded leases or rental agreements. e. Rights of the public, the State of Texas and the municipality in and to that portion of subject property, if any, lying within the boundaries of any roadway, public or private. f. Airport Zoning Ordinance No. 71-100 for -Fort Worth International Airport recorded in 7349/1106, Real Property Records, Tarrant County, Texas. g. Easement created in instrument executed by A.T. Hodges to Texas Poer and Light Company, dated November 25, 1958, filed December 24, 1958, recorded in Volume 3276, Page 527, Real Property Records, Tarrant County, Texas. h. Easement created in instrument executed by First Assembly of God Church, Inc. to City of Southlake, dated December 12, 1985, filed December 23, 1985, recorded in Volume 8405, Page 1448, Real Property Records, Tarrant County, Texas. i. Easement created in instrument executed by Southlake Assembly of God to City of Southlake, dated December 12, 1985, filed December 20, 1985, recorded in Volume 8405, Page 1451, Real Property Records, Tarrant County, Texas. j. Oil, Gas and Mineral Lease executed by Southlake Church of the Assemblies of God f/k/a Southlake Assembly of God f/k/a First Assembly of God, Inc., Southlake Texas, a corporation to XTO Energy Inc., dated September 5, 2008, filed October 6, 2008, recorded in CC#D208381792, Real Property Records, Tarrant County, Texas. The Company makes no representation as to the present ownership of this interest. FORM T-7: Commitment for Title Insurance Page 4 COMMITMENT FOR TITLE INSURANCE Issued By Stewart Title Guaranty Company SCHEDULE C Your Policy will not cover loss, costs, attorneys' fees, and expenses resulting from the following requirements that will appear as Exceptions in Schedule B of the Policy, unless you dispose of these matters to our satisfaction, before the date the Policy is issued: Documents creating your title or interest must be approved by us and must be signed, notarized and filed for record. Satisfactory evidence must be provided that: a. no person occupying the land claims any interest in that land against the persons named in paragraph 3 of Schedule A, b. all standby fees, taxes, assessments and charges against the property have been paid, C. all improvements or repairs to the property are completed and accepted by the owner, and that all contractors, subcontractors, laborers and suppliers have been fully paid, and that no mechanic's, laborer's or materialmen's liens have attached to the property, d. there is legal right of access to and from the land, e. (on a Loan Policy only) restrictions have not been and will not be violated that affect the validity and priority of the insured mortgage. 3. You must pay the seller or borrower the agreed amount for your property or interest. 4. Any defect, lien or other matter that may affect title to the land or interest insured, that arises or is filed after the effective date of this Commitment. 5. Appears to be clear of liens. Company requires lien affidavit. 6. Company is to be furnished a properly executed resolution from Southlake Church Assembly of God in recordable form. The resolution is to be pursuant to a duly called congregational meeting and is to specifically authorize the proposed transaction. The resolution is to name specific elders, deacons, trustees, or other authorized persons, to execute the necessary instruments, as required by articles, by-laws, doctrines, manuals or other rules which govern the operation of the church. A copy of the governing document(s) is to be furnished for examination and possible additional requirements. 7. The following note is for informational purposes only: The following deed(s) affecting said land were recorded within the last 24 months of the date of the commitment: None NOTICE: The title insurance policy being issued to you contains an arbitration provision. It allows you or the company to require arbitration if the amount of insurance is $2,000,000.00, or less. If you want to retain your right to sue the Company m case of a dispute over a claim, you must request deletion of the arbitration provision BEFORE the policy is issued. If you are the purchaser in the transaction and elect deletion of the arbitration provision, a form will be presented to you at closing for execution. If you are the lender in the transaction and desire deletion of the Arbitration provision, please inform us through your Loan Closing Instructions. (APPLIES TO T-1 AND T-2 POLICIES ONLY) Countersigned FORM T-7: Commitment for Title Insurance Page 5 Continuation of Schedule C GF No. 13-159200-SB Capital Title of Texas, LLC - Southlake Boulevard Authorized Signatory FORM T-7: Commitment for Title Insurance Page 6 COMMITMENT FOR TITLE INSURANCE SCHEDULED GF No. 13-159200-SB Effective Date: November 24, 2013, 8:00 am Pursuant to the requirements of Rule P-21, Basic Manual of Rules, Rates and Forms for the writing of Title Insurance in the State of Texas, the following disclosures are made: 1. The following individuals are directors and/or officers, as indicated, of the Title Insurance Company issuing this Commitment Stewart Title Guaranty Company Shareholders owning, controlling or holding, either personally or beneficially, 10% or more of the shares of Stewart Title Guaranty Company as of the last day of the year preceding the date herein above set forth are as follows: Stewart Information Services Corporation - 100% The members of the Board of Directors of Stewart Title Guaranty Company as of the last day of the year preceding the date hereinabove set forth are as follows: Bruce Belin, Malcolm Morris, Charles F. Howard, Michael B. Skalka, Matthew Morris, Stewart Moms, Stewart Morris Jr. The ten designated officers of Stewart Title Guaranty Company as of the last day of the year preceding the date hereinabove set forth are as follows: Stewart Moms, Jr., Senior Chairman of the Board & Assistant Secretary, Malcolm Morris, Chairman of the Board, Chief Executive Officer & Assistant Secretary, Michael B. Skalka, President and Director of Global Underwriting Services, Matthew Morris, Senior Executive Vice President, J. Allen Berryman, Executive Vice President, Chief Financial Officer and Assistant Secretary -Treasurer, George Houghton, Executive Vice President -Agency Services, John L. Killea, Executive Vice President -General Counsel, Paul Sands, Executive Vice President -National Title Services Director, Mark Winter, Executive Vice President -Public Policy, Richard Black, Senior Vice President -Underwriting Counsel. The issuing Title Insurance Agent, Capital Title of Texas, LLC, is a limited liability corporation whose shareholders owning or controlling one (1%) percent of said corporation, directors, and officers are listed below: Shareholders: Title Acquisition Associates LLC - 95% Shaddock American Title - 5% Directors: William C. Shaddock Officers: William C. Shaddock, President and CEO; Laura Dawn Neill, Vice President- Agency; Tracy Robirds-McMahon, Vice President- Operations; Jason Schnell, Vice President- Chief Information Officer; Tracy Monts -Curtis, Vice President - Residential Business Development; Russell Conner, Vice President- Plant Manager and Chief Compliance Officer; Patrick McMillan, Vice President- Chief Financial Officer. You are entitled to receive advance disclosure of settlement charges in connection with the proposed transaction to which this commitment relates. Upon your request, such disclosure will be made to you. Additionally, the name of any person, firm or corporation receiving a portion of the premium from the settlement of this transaction will be disclosed on the closing or settlement statement. You are further advised that the estimated title premium' is: Owner's Policy Loan Policy Endorsement Charges Other Total $522.00 $0.00 $0.00 $0.00 $522.00 FORM T-7: Commitment for Title Insurance Page 7 Continuation of Schedule D GF No. 13-159200-SB Of this total amount: 15% will be paid to the policy issuing Title Insurance Company: 85% will be retained by the issuing Title Insurance Agent; and the remainder of the estimated premium will be paid to other parties as follows: Amount To Whom For Services " 'The estimated premium is based upon information furnished to us as of the date of this Commitment for Title Insurance. Final determination of the amount of the premium will be made at closing in accordance with the Rules and Regulations adopted by the Commissioner of Insurance." FORM T-7: Commitment for Title Insurance Page 8 TEXAS TITLE INSURANCE INFORMATION Title insurance insures you against loss resulting from certain risks El seguro de titulo le asegura en relaci6n a perdidas resultantes de to your title. I ciertos riesgos que pueden afectar el titulo de su propriedad. The commitment for Title Insurance is the title insurance company's promise to issue the title insurance policy. The commitment is a legal document. You should review it carefully to completely understand it before your closing date. El Compromiso para Seguro de Titulo es la promesa de la compania aseguradora de titulos de emitir la p6liza de seguro de titulo. El Compromiso es un documento legal. Usted debe leerlo cuidadosamente y endenterlo complemente antes de la fecha para finalizar su transacci6n. Your Commitment of Title insurance is a legal contract between you and us. The Commitment is not an opinion or report of your title. It is a contract to issue you a policy subject to the Commitment's terms and requirements. Before issuing a Commitment for Title insurance (the Commitment) or a Title Insurance Policy (the Policy), the Title Insurance Company (the Company) determines whether the title is insurable. This determination has already been made. Part of that determination involves the Company's decision to insure the title except for certain risks that will not be covered by the Policy. Some of these risks are listed in Schedule B of the attached Commitment as Exceptions. Other risks are stated in the Policy as Exclusions. These risks will not be covered by the Policy. The Policy is not an abstract of title nor does a Company have an obligation to determine the ownership of any mineral interest. ---MINERALS AND MINERAL RIGHTS may not be covered by the Policy. The Company may be unwilling to insure title unless there is an exclusion or an exception as to Minerals and Mineral Rights in the Policy. Optional endorsements insuring certain risks involving minerals, and the use of improvements (excluding lawns, shrubbery and trees) and permanent buildings may be available for purchase. If the title insurer issues the title policy with an exclusion or exception to the minerals and mineral rights, neither this Policy, nor the optional endorsements, ensure that the purchaser has title to the mineral rights related to the surface estate. Another part of the determination involves whether the promise to insure is conditioned upon certain requirements being met. Schedule C of the Commitment lists these requirements that must be satisfied or the Company will refuse to cover them. You may want to discuss any matters shown in Schedules B and C of the Commitment with an attorney. These matters will affect your title and your use of the land. When your policy is issued, the coverage will be limited by the Policy's Exceptions, Exclusions and Conditions, defined below. ---EXCEPTIONS are title risks that a Policy generally covers but does not cover in a particular instance. Exceptions are shown on Schedule B or discussed in Schedule C of the Commitment. They can also be added if you do not comply with the Conditions section of the Commitment. When the policy is issued, all Exceptions will be on Schedule B of the Policy. ---EXCLUSIONS are title risks that a Policy generally does not cover. Exclusions are contained in the Policy but not shown or discussed in the Commitment. ---CONDITIONS are additional provisions that qualify or limit you coverage. Conditions include your responsibilities and those of the Company. They are contained in the Policy but not shown or discussed in the Commitment. The Policy Conditions are not the same as the Commitment Conditions. You can get a copy of the policy form approved by the Texas Department of Insurance by calling the Title Insurance Company at (800) 729-1900 or by calling the title insurance agent that issued the Commitment. The Texas Department of Insurance may revise the policy form from time to time. You can also get a brochure that explains the policy from the Texas Department of Insurance by calling 1-800-252-3439. Before the Policy is issued, you may request changes in the Policy. Some of the changes to consider are: ---Request amendment of the "area and boundary" exception (Schedule B, paragraph 2). To get this amendment, you must furnish a survey and comply with other requirements of the Company. On the Owner's Policy, you must pay an additional premium for the amendment. If the survey is acceptable to the Company and if the Company's other requirements are met, your Policy will insure you against loss because of discrepancies or conflicts in boundary lines, encroachments or protrusions, or overlapping of improvements. The Company may then decide not to insure against specific boundary or survey problems by making special exceptions in the Policy. Whether or not you request amendment of the "area and boundary" exception, you should determine whether you want to purchase and review a survey if a survey is not being provided to you. ---Allow the Company to add an exception to "rights of parties in possession." If you refuse this exception, the Company or the title insurance agent may inspect the property. The Company may except to and not insure you against the rights of specific persons, such as renters, adverse owners or easement holders who occupy the land. The Company may charge you for the inspection. If you want to make your own inspection, you must sign a Waiver of Inspection form and allow the Company to add this exception to your Policy. The entire premium for a Policy must be paid when the Policy is issued. You will not owe any additional premiums unless you want to increase your coverage at a later date and the Company agrees to add an Increased Value Endorsement. FORM T-7: Commitment for Title Insurance Page 9 DELETION OF ARBITRATION PROVISION (Not applicable to the Texas Residential Owner's Policy) Arbitration is a common form of alternative dispute resolution. It can be a quicker and cheaper means to settle a dispute with your Title Insurance Company. However, if you agree to arbitrate, you give up your right to take the Title Company to court and your rights to discovery of evidence may be limited in the arbitration process. In addition, you cannot usually appeal an arbitrator's award. Your policy contains an arbitration provision (shown below). It allows you or the Company to require arbitration if the amount of insurance is $2,000,000 or less. If you want to retain your right to sue the Company in case of a dispute over a claim, you must request deletion of the arbitration provision before the policy is issued. You can do this by signing this form and returning it to the Company at or before the closing of your real estate transaction or by writing to the Company. The arbitration provision in the Policy is as follows: "Either the Company or the Insured may demand that the claim or controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association ("Rules"). Except as provided in the Rules, there shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured arising out of or relating to this policy, any service in connection with its issuance or the breach of a policy provision, or to any other controversy or claim arising out of the transaction giving rise to this policy. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be arbitrated at the option of either the Company or the Insured, unless the Insured is an individual person (as distinguished from an Entity). All arbitrable matters when the Amount of Insurance is in excess of $2,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration pursuant to this policy and under the Rules shall be binding upon the parties. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction." SIGNATURE DATE FORM T-7: Commitment for Title Insurance Page 10 Stewart Title Guaranty Company Premium Amount Rate Rules Property County Liability at Type Code Reissue Rate 1 2 3 4 5 6 7 8 $522.00 1000 2 439 WHAT DOES Stewart Title Companies DO WITH YOUR PERSONAL INFORMATION? Federal and applicable state law and regulations give consumers the right to limit some but not all sharing. Federal and applicable state law regulations also require us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to This privacy notice is distributed on behalf of Stewart Title Guaranty Company, understand how we use your personal information pursuant to Title V of the Gramm -Leach -Bliley Act (GLBA). The types of personal information we collect and share depend on the product or service that you have sought through us. This information can include social security numbers and driver's license number. All financial companies, such as Stewart Title Companies need to share customers' personal information to run their everyday business to process transactions and maintain customer accounm in the section below, we list the reasons that we can share customers' personal information; the reasons that we choose to share; and whether you can limit this sharing. For our everyday business purposes— to process your transactions and maintain your account. This may include running the business and managing customer accounts, such as processing transactions, mailing, and auditing services, and Yes No responding to court orders and legal investigations. For our marketing purposes— to offer our products and services to you Yes No For joint marketing with other financial companies No We don't share For our affiliates' everyday business purposes— information about your transactions and experiences. Affiliates are companies related by common ownership or control. They can be financial and nonfinancial companies. Yes No For our affiliates' everyday business purposes— information about your No We don't share creditworthiness. For our affiliates to market to you Yes No For nonaffiliates to market to you. Nonaffiliates are companies not related by common ownership or control. They can be financial and nonfinancial companies. No We don't share _..'-A t,., t— Tfvrn, rPnnPct a transaction with a We may disclose your personal information to our amuatcs vi Lu ... r--------__ -, __ . - ___ ,: ,,,,,a, . t},;rri narty inwT-Ance company. we will disclose your personal information to that nonaffiliate. tijqy ty company IMPORTANT INFORMATION FOR INFORMATION, OR TO MAKE A COMPLAINT CALL OUR TOLL -FREE TELE- PHONE NUMBER 1-800-729-1902 ALSO YOU MAY CONTACT THE TEXAS DEPARTMENT OF INSURANCE AT 1-800-252-3439 to obtain information on: 1. filing a complaint against an insurance company or agent, 2. whether an insurance company or agent is licensed, 3. complaints received against an insurance company or agent. 4. policyholder rights, and 5. a list of consumer publications and services available through the Department. YOU MAY ALSO WRITE TO THE TEXAS DEPARTMENT OF INSURANCE P.O. BOX 149104 AUSTIN, TEXAS 78714-9104 FAX NO. (512) 475-1771 AVISO IMPORTANTE PARA INFORMACION, O PARA SOMETER UNA QUEJA LLAME AL NUMERO GRATIS 1-800-729-1902 TAMBIEN PUEDE COMUNICARSE CON EL DEPARTAMENTO DE SEGUROS DE TEXAS AL 1-800-252-3439 para obtener informacion sobre: 1. como someter una queja en contra de una compania de seguros o agente de seguros, 2. si una compania de seguros o agente de seguros tiene licencia, 3. quejas recibidas en contra de una compania de seguros o agente de seguros, 4. los derechos del asegurado, y 5. una lista de publicaciones y servicios para consumidores disponibles a traves del Departamento. TAMBIEN PUEDE ESCRIBIR AL DEPARTAMENTO DE SEGUROS DE TEXAS P.O. BOX 149104 AUSTIN, TEXAS 78714-9104 FAX NO. (512) 475-1771 r t qy title tYcompany TEXAS TITLE INSURANCE (INFORMATION Title insurance insures you against loss resulting Ei seguro de titulo le asegura en relacion a perdidas from certain risks to your title. resultantes de ciertos riesgos que pueden afectar el titulo de su propiedad. The commitment for Title Insurance is the title insurance company's promise to issue the title insurance policy. The commitment is a legal document. You should review it carefully to completely understand it before your closing date. El Compromiso para Seguro de Titulo es la promesa de la compania aseguradora de titulos de emitir la poliza de seguro de titulo. El Compromiso es un documento legal. Usted debe leerlo cuidadosamente y entenderlo completamente antes de la fecha para finalizar su transaccion. Your commitment for Title Insurance is a legal contract between you and us. The Commitment is not an opinion or report of your title. It is a contract to issue you a policy subject to the Commitment's terms and requirements_ Before issuing a Commitment for Title Insurance (the Commitment) or a Title Insurance Policy (the Policy), the title insurance Company (the Company) determines whether the title is insurable. This determination has already been made. Part of that determination involves the Company's decision to insure the title except for certain risks that will not be covered by the Policy. Some of these risks are listed in Schedule B of the attached Commitment as Exceptions. Other risks are stated in the Policy as Exclusions. These risks will not be covered by the Policy. The Policy is not an abstract of title nor does a Company have an obligation to determine the ownership of any mineral interest. MINERALS AND MINERAL RIGHTS may not be covered by the Policy. The Company may be unwilling to insure title unless there is an exclusion or an exception as to Minerals and Mineral Rights in the Policy. Optional endorsements insuring certain risks involving minerals, and the use of improvements (excluding lawns, shrubbery and trees) and permanent buildings may be available for purchase. If the title insurer issues the title policy with an exclusion or exception to the minerals and mineral rights, neither this Policy, nor the optional endorsements, ensure that the purchaser has title to the mineral rights related to the surface estate. Another part of the determination involves whether the promise to insure is conditioned upon certain requirements being met Schedule C of the Commitment lists these requirements that must be satisfied or the Company will refuse to cover them. You may want to discuss any matters shown in Schedules B and C of the Commitment with an attorney. These matters will affect your title and your use of the land. When your Policy is issued, the coverage will be limited by the Policy's Exceptions, Exclusions and Conditions, defined below. - EXCEPTIONS are title risks that a Policy generally covers but does not cover in a particular instance. Exceptions are shown on Schedule B or discussed in Schedule C of the Commitment. They can also be added if you do not comply with the Conditions section of the Commitment When the Policy is issued, all Exceptions will be on Schedule B of the Policy. - EXCLUSIONS are title risks that a Policy generally does not cover. Exclusions are contained in the Policy but not shown or discussed in the Commitment - CONDITIONS are additional provisions that qualify or limit your coverage. Conditions include your responsibilities and those of the Company. They are contained in the Policy but not shown or discussed in the Commitment. The Policy Conditions are not the same as the Commitment Conditions. You can get a copy of the policy form approved by the Texas Department of Insurance by calling the Title Insurance Company at 1-800-729- 1902 or by calling the title insurance agent that issued the Commitment The Texas Department of Insurance may revise the policy form from time to time. You can also get a brochure that explains the policy from the Texas Department of Insurance by calling 1-B00-252-3439. Before the Policy is issued, you may request changes in the Policy. Some of the changes to consider are: - Request amendment of the "area and boundary" exception (Schedule B, paragraph 2). To get this amendment, you must furnish -a survey and comply with other requirements of the Company. On the Owner Policy, you must pay an additional premium for the amendment. If the survey is acceptable to the Company and if the Company's other requirements are met, your Policy will insure you against loss because of discrepancies or conflicts in boundary lines, encroachments or protrusions, or overlapping of improvements. The Company may then decide not to insure against specific boundary or survey problems by making special exceptions in the Policy. Whether or not you request amendment of the "area and boundary" exception, you should determine whether you want to purchase and review a survey if a survey is not being provided to you. - Allow the Company to add an exception to "rights of parties in possession". if you refuse this exception, the Company or the title insurance agent may inspect the property. The Company may except to and not insure you against the rights of specific persons, such as renters, adverse owners or easement holders who occupy the land. The Company may charge you for the inspection. If you want to make your own inspection, you must sign a Waiver of Inspection form and 211ow the Company to add this exception to your Policy. The entire premium for a Policy must be paid when the Policy is issued. You will not owe any additional premiums unless you want to increase your coverage at a later date and the Company agrees to add an Increased Value Endorsement. FORM: Commitment for Title Insurance United Tax Services, Inc. MUnited 2400 Dallas Parkway, Suite 560, Plano, TX 75093 TAX SERVWM, rNC. Phone: 972-682-2716 Fax: 866-553-1073 Tax Certificate Property Information File#: 13-159200-SB Br SB Legal Description: Southlake Assembly of God Addn Blk 1 Lot I I Total Acreage: 6.8900 # of Parcel(s): 1 # of Jurisdiction(s): 3 Situs Address: 101 E Highland Street, Southlake TX 76092 Mailing Address: PO Box 93683, Southlake TX 76092 Assessed Owner(s): Southlake Ch Assembly of God Jurisdiction Tarrant County Southlake Carroll ISD Exemptions Religious Religious Religious Total Grand Total Payable to Tarrant County Tax Collector Mail to: PO Box 961018, Fort Worth, TX 76161 CAD # Parcel# 39608GllR1 41515129 Payable to Tarrant County Tax Collector Mail to: PO Box 961018 , Fort Worth, TX 76161 CAD # Parcel# 39608GllR1 41515129 Payable to Tarrant County Tax Collector Mail to: PO Box 961018, Fort Worth, TX 76161 CAD # Parcel# 39608G H R 1 41515129 Tax Summary - TaxYr Base Tax Penalty 2013 $0.00 $0.00 2013 $0.00 $0.00 2013 $0.00 $0.00 2013 $0.00 $0.00 2013 Assessed Value Land: $1,050,449 Improvements $360,322 Total: $1,410,771 Due Now Due Due $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 All $0.00 $0.00 $0.00 Payment Information for Tarrant County Phone: (817) 884-1100 Acreage TaxYr Tax Rate Base Tax 6.8900 2013 $0.6413970 $0.00 Payment Information for Southlake Phone: (817) 884-1100 Acreage TaxYr Tax Rate Base Tax 6.8900 2013 $0.4620000 $0.00 Payment Information for Carroll ISD Phone: (817) 884-1100 TaxYr Tax Rate 2013 $1.4000000 - Notes Date Subject Note 10/30/2013 PROPERTY TAXES (mmarsh, 10/30/2013 12:26:57 PM) This property owner was totally exempt from paying property taxes for the 2013 tax year. $0.00 $0.00 Next Due Date: 1/31/2014 Total Pd Penalty W/O Exempt $0.00 $0.00 $9,048.64 Next Due Date: 1/31/2014 Total Pd Penalty W/O Exempt $0.00 $0.00 $6,517.76 Next Due Date: 1/31/2014 Acreage 6.8900 Base Tax Total Pd Penalty W/O Exempt $0.00 $0.00 $0.00 $19,750.79 Order Information Request Date: 3/26/2013 Request By: Armando Mendo Update Request: Date Completed: Update Completed: 10/31 /2013 Billing and Fee Summary Charge Description Quantity Tax Cert Fee 1 Total Charges 1 Mail payment to - United Tax Services, Inc., 2400 Dallas Parkway, Suite 560 1 Plano, TX 75093 Rate $59.80 Request By: Total Amount $59.80 $59.80 287513 Page 1 of 1 Thursday, October 31, 2013 PURCHASER'S STATEMENT Date: December 6, 2013 GMo: 1X159200-SB Sale From: Southlake Church of the Assemblies of God, Inc. To: City of Southlake 101 E Highland Street 1400 Main Street, Suite 320 Southlake, TX 76092 Southlake, TX 76092 Property: See Exhibit "A" for Parcel 22 Right of Way and Parcel 22-SE Slope Easement in file scan 101 E Highland St Southlake, TX 76092 Purchase Price--_-__ --------- ----------- $49,820.00 Plus: Charges Record ROW to Capital Title of Texas----------------------------- - - --- -- ---- --- - ------ - — ----- ---- - .$32.00 E- Recording Fee to United eRecording ------------ ----- .$9-00 Fees to Capital Title of Texas __._________.__._----------- __ __ ___ _. . Escrow to Capital Title of Texas—___—....._ ........-_-- __ —_-__ -- - --------------- ----------------$750.00 ------------------ -- -- Tax Certificate to United Tax Service, Inc.-----.-----.--.._-- _ _ -- -- -- __-- - - - - - - ------------------------------------------------------------------ -.------_._--____$59.80 Title Insurance to Capital Title of Texas - — -- --- - -- -- -- ---- ------------- ---- _----- ------------------ Single Issue to Capital Title of Texas ---------------- -..--.-----------------.--------------------------------- --------- _____-_$522.00 Guaranty Fee to Texas Title Insurance Guaranty Association-___..---- -------------- ------ ----------$2.00 Less: Credits Total Gross Amount Due By Purchaser. ,374.80 ,194.80 Total Credits--- ------------ -- — - - -- ----- ------------- ---------------- ------50.00 Balance Due by Purchaser---- -- —------- -- ------------------- 51 194.80 Purchaser understands the Closing or Escrow Agent has assembled this information representing the transaction from the best information available from other sources and cannot guarantee the accuracy thereof The lender involved may be furnished a copy of this statement Purchaser understands that tax and insurance proration and reserves were based on figures for the preceding year or supplied by others or estimates for the current year, and in the event of any change for current year, all necessary adjustments must be made between Purchaser and Seller direct The undersigned hereby authorizes Capital Title of Texas, LLC - Southlake Boulevardto make expenditure and disbursements as shown above and approves same for payment The undersigned also acknowledges receipt of Loan Funds, if applicable, in the amount shown above and a receipt of a copy of this Statement Capital Title of Texas, LLC - Southlake Boulevard The City of Southlake By Gayl iebelstein By: Name: "So4.r� C. Tu Title: Printed at 12/02/2013 (11:25 am) Compliments of Capital Title of Texas, LLC - Southlake Boulevard Page 1 of 6 Electronically Recorded Tarrant County Official Public Records 12/10/201312:33 PM D213310964 Capital Tim PGS 5 $32.00 NOTICE OF CO Wj&u& IF YOU ARE WV A NA �NERS MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFO M THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER, OR YOUR DRIVER'S LICENSE NUMBER- C= OF SOUTHLAXE GRANT OF PERMANENT RIGHT-OF-WAY THE STATE OF TEXAS ) KNOW ALL BY THESE PRESENTS: COUNTY OF TARRANT ) That Soathlake Church of the Assemblies of God, Inc. , acting by and through the i undersigned, its duly authgrized representative, of the County of Tarrant, State of Texas (Grantor) for and in consideration of ONE DOLLARS and other good and valuable _ consideration, paid by the CITY OF SOUIHLAKE, a municipal corporation of Tarrant County, Texas (Grantee), receipt of which is hereby admowledged, does herebygrant,bargain, sell and convey to said Grantee, its successors and assigns, a permanent right-of-way and the right to construct, reconstruct and perpetually maintain a public street and/or drainage facilities and utilities, together with. all necessary appurtenances thereto, and with the right and privilege at any and all times, to enter said premises, or any part thereof, as is necessary for the proper use of any other right granted herein and for the purpose of constructing, reconstructing, replacing and maintaining said public street and/or drainage facilities and utilities, and for making connections therewith, in, upon, under and across the following described parcel of land in Tarrant County, Texas (the "Property's being described as follows: Exhibit "N' attached hereto and made a part hereof TO HAVE AND TO HOLD that said conveyed Property unto the Grantee, for the purposes herein set forth, and Grantor hereby binds itself; its successors and assigns, to warrant and forever defend the said conveyed property and rights granted herein unto Grantee, its successors and assigns against every person whosoever lawfully claiming or to claim the same or any part thereof by, through or under GRANTOR, but not otherwise- WTINESS MY HAND, this thc�' day of 2013. Br - Name: Tile: (. �ct�Ntr iY1n�u^ Capital Tit!( G F# 13- MjM- s-6 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMAITON FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER, OR YOUR DRIVER'S LICENSE NUMBER. CITY OF SOUTHLAKE GRANT OF PERMANENT RIGHT-OF-WAY THE STATE OF TEXAS KNOW ALL BY THESE PRESENTS: COUNTY OF TARRANT That Southlake Church of the Assemblies of God, Inc. , acting by and through the undersigned, its duly authorized representative, of the County of Tarrant, State of Texas (Grantor) for and in consideration of ONE DOLLARS and other good and valuable consideration, paid by the CITY OF SOUTHLAKE, a municipal corporation of Tarrant County, Texas (Grantee), receipt of which is hereby acknowledged, does hereby grant, bargain, sell and convey to said Grantee, its successors and assigns, a permanent right-of-way and the right to construct, reconstruct and perpetually maintain a public street and/or drainage facilities and utilities, together with all necessary appurtenances thereto, and with the right and privilege at any and all times, to enter said premises, or any part thereof, as is necessary for the proper use of any other right granted herein and for the purpose of constructing, reconstructing, replacing and maintaining said public street and/or drainage facilities and utilities, and for making connections therewith, in, upon, under and across the following described parcel of land in Tarrant County, Texas (the "Property") being described as follows : Exhibit "A", attached hereto and made a part hereof TO HAVE AND TO HOLD that said conveyed Property unto the Grantee, for the purposes herein set forth, and Grantor hereby binds itself, its successors and assigns, to warrant and forever defend the said conveyed property and rights granted herein unto Grantee, its successors and assigns against every person whosoever lawfully claiming or to claim the same or any part thereof, by, through or under GRANTOR, but not otherwise. WITNESS MY HAND, this thd5y---'day of VLC. , 2013. By: f DTA Name: Ic-t�G�•w► 1�•-��✓� Title: _tom f ��jr1+,cN �o✓� STATE OF TEXAS COUNTY OF TARRANT Before me, THE UNDE SIGNEDnAORITY, IN AND FOR THE State of Texas, on this day personally appeare /✓• 1(�t�1 , known to me to be the person whose name is subscribed to the foregoing ins ent and acknowledged to me that he/she executed the same for the purposes and considerations therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the t5 Aay of , 2013. NOTARY SEAL SAYLE GIESELSI'LA tiota5r �i1p111G 'itrie 4 °dos + my comn-1. Expil u= y Public, State of Texas Notary's Name (Printed) Notary's Commission Expires AFTER EXECUTION BY OWNER, PLEASE RETURN ORIGINAL TO: CITY OF SOUTHLAKE C/o Public Works Department 1400 Main Street, Suite 320 Southlake, TX 76092 Phone: 817-748-8098 Fax: 817-748-8077 EXHIBI T "A" RIGHT-OF-WAY ACQUISIn0N 0. 02," ACR1, 063 SQ. FT. PARCEL A POR77OV OF LOT 1R1, BLOCK 1, SOU7HLAKE ASSEMBLY OF GOD ADDITION IOLLIAM W. HALL SURVEY, ABSTRACT NO. 687 aTY OF SOUTHLAK& TARRANT COUNTY, TEXAS DESCRIPTION BEING a 0.0244 acre tract of land situated in the William W. Hall Survey, Abstract No. 687, in the City of Southlake, Tarrant County, Texas and being a portion of Lot iR1, Block 1, Southlake Assembly of God Addition, on addition to the City of Southlake, Texas, according to the plat thereof recorded in Instrument No. D210148766 of the Official Public Records of Tarrant County, Texas, said Lot 1R1, Block 1 being the remainder of a tolled 2.07 acre tract conveyed to First Assembly of God Church, Inc.. Southlake, Texas according to the Warranty Deed as recorded in Volume 4999, Page 57 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.) and the remainder of a called 10.011 acre tract conveyed to Southlake Assembly of God according to the Warranty Deed with Vendor's Lien as recorded in Volume 7597, Page 124, D.R.T.C.T., and being more particularly described by metes and bounds as follows; BEGINNING at a 1/2" iron rod with plastic cap stamped "Area Surveying" found for the northwest corner of the aforementioned Lot 1R1, Block 1, said corner being at the intersection of the south right—of—way line of E. Highland Street (variable width right—of—way) and the east right—of— way line of N. White Chapel Boulevard; THENCE S 88'03'25" E (plat—S 88'02'48" E), with the most westerly north line of said Lot 1R1, Block 1 and said south right—of—way line of E. Highland Street, 59,30 feet to a 1/2" iron rod with plastic cap stomped "TX REG NO 100189- 00" set for corner at the beginning of a non —tangent curve to the left having a central ongle of 35'10'29", a radius of 122.00 feet, a tangent length of 38.67 feet, and a chord which bears S 53'59'28" W, 73.73 feet; THENCE, departing the most westerly north line of said Lot. 1Ri, Block 1 and sold south right—of—way line of E. Highland Street and with said non —tangent curve to the left, an arc distance of 74.90 feet to a 1/2" iron rod with plastic cop stamped "TX REG NO 100189-00" set for corner in the west line of said Lot 1R1, Block 1 and the aforementioned east right—of—way line of N. White Chapel Boulevard, from whence a 1/2" iron rod found for the southwest corner of said Lot 1R1, Block 1 bears S 00'28'20" W (plat—N 00'28'47" E), 238.25 feet and S 00'37'41" E (plot—N 00'37'14" W), 434.27 feet; NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 1 OF 3 TBPE FIRM REG. NO. F-356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189-00 OCTOBER 17, 2012 Two Park Lane Place / 8080 Pork Lane / Suite 600 08-10-076.B Dallas, Texas 75231 / Ph. (214) 739-4741 8076—P22.dwg EXHIBIT "A' RIGHT-OF-WAY ACQUISI HaV a O244 ACRES1, 063 SQ. FT. PARCEL A PORTION OF LOT 1R1, BLOCK1, SOUTHLAKE ASSFUSLY OF GOD ADD17701V MLLIAM W. HALL SURVEY, ABSTRACT NO. 687 CITY OF SOUTHLAIIZ TARRANT COUNTY, TEXAS THENCE N 00'28'20" E (plat—N 00'28'47" E), with the west line of said Lot iR1, Block 1 and said east right—of—way line of N. White Chapel Boulevard, 45,36 feet to the POINT OF BEGINNING and containing 0.0244 acres or 1,063 square feet of land, more or less. F T N D. MAlER CONSULTING ENGINEERS, I 4.'WMe6lt.n, R.P.L.S. No. 4268 Registered Professional Land Surveyor NOTES: Bearings for this survey are based on the Western Data Systems Texas Cooperative Network and ore referenced to NAD83 State Plane Coordinate System, Texas North Central Zone 4202. Stations DMLN—g and DML2-90811 were utilized as base stations during GPS data collection sessions. This survey was performed without the benefit of a title commitment and may be subject to liens, encumbrances, easements, rights —of —way, restrictions, covenants, reservations or other conditions of record which the undersigned has not been advised of or is aware of. No additional research for easements was performed by Nathan D. Maier Consulting Engineers, Inc. in the preparation of this survey. NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 2 OF 3 TBPE FIRM REG. NO_ F-356 REVISED; JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189-00 OCTOBER 17, 2012 Two Pork Lone Place / 8080 Park Lone / Suite 600 08-10-076 B Dallas, Texas 75231 / Ph. (214) 739-4741 8076—P22.dwg EXHIBIT 'A' RIGHT-CF WA Y ACQUISI77aV a O2," ACRES1, 063 SO. FT. PARCEL A POR77ON OF LOT 1R1, BLOCK1, SOUTHLAKE ASSEMBLY OF GOD AD017701V VELLIAM W. HALL SURVEY, ABSTRACT NO. 667 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS I CITY OF SOUTHLAKE WST Na D199076920 I I CALLED 1.0 ACRES SCALE: 1 "=100' 1 aO244 ACRES• (1,063 SQ. i FT.) POINT OF BEGINNING W W W/AREA 5LW157M CAP IFA 2' AUM. MONT. STAWW ASSOCUIES 8/7-B10-Q539 W. HIGHLAND STREET (VARIABLE WDTH R.O.W.) (PLAT-N 0078'4Y E) N 00'28'20' E 4536' JAMES CUFFOILD NOW JR INST. Na D1972122JO D.R. LC T. (LAST WU AND TESTAMENT OF JAMES CUFFORD HOOD) A 3 4a KYLE BUSK! INST NO. D2070594J6 4 O.P.R. T.C. T. CALLED a26 ACRES MICHAEL A. SW IH AND NATASHA C. WIN WST. NO. D271292834 O.P.R. LC T Z CALLED 1,38 ACRES 1/Z' MF BARSARA ANN PATY (FORMERLY BAR84RA ANN HARTZ) VOL. 7632, PG. 2174 DR.T.C.T CALLED 1065 ACRES W/PATE &1W RPLS CAP 5A- IRF A Y L ASSOC CAP 'W IRF RPLS 5647 CAP (PLAT-5 86i7T'49" E) 86*03'25' E 59.30' �WItAP �3570'29' AP R-12200' T-38.67' L=74.90' LOT 6 BLOCK A-80 PECK ADDITION KX' 388-137, PC 61 P.R.TC.T, 712' AF E. HIGHLAND STREET (VARIABLE WD TH R.0. W) CB=S 5315928" W H. W, COOK AND ► V E. N^a CL=73.73 "i/0"AND J7M. K � PCI 211iw .E KX. 5521, PG 621 D.R. T C T. N D.R. T. C. T R£MAR/DER OF TRACT 2 3 0 4i I N? � oa � 7A n FIRST ASSEMBL Y OF GOD CHL7RCH,' INC SOUTNLAKr~ TEXAS vm. 4999. PG 57 OR T.C. T, 1 REMAINDER OF CALLED L '-77.5' 207 ACRE TRACT UTILITY ESMT. AND SOUTHLAKE ASSEMBLY OF GOD KX. 7597, PG. 124 O.R. T.0 T. REMAtl11DFR OF CALLED ?OOT1 ACRE TRACT ^3 LOT IRI, BLOCK I SOUTHLAKE ASSEM& Y OF GOD AODITIOM 7 W MIST, NO. D210148766 o O.P.R, TC T. n 04 75' UTILITY ESMT. VC1L. 3.R TC, PG 39' PIR_— P. T C. T. ABBREVIA77ON LEGEND D.R. T.C. T. DEED RECORDS OF TARRANT COIWTY, TEXAS O.P.R.T.CT. OFFICIAL PUBLIC RECORDS OF TARRANT C"rr TEXAS P.R.T.CT PLAT RECORDS OF TARRANT COUNTY, TEXAS CAB., SLIDE CABWET, SLID£ WST. NO. YVSTRUmw NUMBER VOL., PC. KXLW. PAGE C.L. CENIEPdM EwT. EASEMENT R.aW RIGHT-OF-WAY S0. FT, SOVARE FEET IRF IRON ROD FOUND IPF IRON PIPE FOUND RS W/CAP IRON ROD SET WIN PLAST7C CAP STAMPED 'TX REG NO 100189-00' NATHAN D. MAIER CONSULTING ENGINEERS, INC. TBPE FIRM REG. NO. F-356 TBPLS FIRM REG. NO. 100189-00 Two Park Lane Place / 8080 Park Lane / Suite 600 Dallas, Texas 75231 / Ph. (214) 739-4741 PAGE 3 OF 3 REVISED: JANUARY 7, 2013 OCTOBER 17, 2012 08-10-076.8 8076—P22.dwg TEMPORARY CONSTRUCTION EASEMENT I (we), Southlake Church of the Assemblies of God, Inc (`GRANTOR'(S)), of Tarrant County, Texas, as the owner of that certain tract of land in TARRANT County, Texas depicted by metes and bounds description in Exhibit "A", attached hereto and incorporated herein for all purposes of the dedication, and as more particularly described by drawing as set forth in Exhibit "B", attached hereto and incorporated herein for all purposes of this dedication, do hereby grant a TEMPORARY CONSTRUCTION EASEMENT upon the same to the City of Southlake, Tarrant County, Texas (` GRANTEE')for the purposes of constructing necessary roadway facilities. GRANTOR covenants and agrees that the GRANTEE will of necessity require the temporary construction easement to accommodate movement of equipment for handling and placement of piping and supplies, but only as may be necessary, and in no case shall the Contractor permit equipment to come in contact with, or damage existing buildings or other permanent lot improvements. It is further understood that the Contractor shall be required by the GRANTEE to restore all areas of the lot, relative to fencing, structures, and other improvements to pre-existing conditions, or better The above granted permission shall expire Two Years from construction start with right to renewal thereafter. Perint and access granted this, the day of Cex-1 _, 2013. By: Name- Title: ACKNOWLEDGEMENT THE STATE OF �1 COUNTY OF BEFORE ME, the undersigned authority in and for Tarrant County, Texas, on this day personally appeared — VA3 known to me or proved to me through r kygcs U L (description of identity card or other document) to be the same person whose name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the same for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE, this ay of r+ , 2013. NOTARY SEAL sr i oJ. i, 1y Co , n . Expire -13 16 No lic, State of Tetras Notary's Name (Printed) Notary's Commission Expires AFTER EXECUTION BY OWNER, PLEASE RETURN ORIGINAL TO: CITY OF SOUTHLAKE C/o Public Works Department 1400 Main Street, Suite 320 Southlake, TX 76092 Phone: 817-748-8098 Fax: 817-748-8077 g�A4 rU�( GAYLE GIEBELSTEIN Notary Public Sta'to of Texas "'FUF MY Comm. Expires (14-13-2ti16 EXHIBIT "A' TEWPORARY CONS7RUC1701V EASEMENT a0212 ACRES/923 SO. FE PARCEL A POR77ON OF LOT 1R1, BLOCK 1, SOUMLAKE ASSEWBLY OF GOO ADD17ION FMLL/AM W. HALL SURVEY, ABSTRACT NO. 687 CITY` OF 3QU7NLAKE, TARRANT COUNTY, TEXAS DESCRIPTION BEING a 0.0212 acre tract of land situated in the William W. Hall Survey, Abstract No. 687, in the City of Southlake, Tarrant County, Texas and being a portion of Lot 1R1, Block 1, Southlake Assembly of God Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Instrument No. D210148766 of the Official Public Records of Tarrant County, Texas, said Lot 1R1, Block 1 being the remainder of a called 2.07 acre tract conveyed to First Assembly of God Church, Inc., Southlake, Texas according to the Warranty Deed as recorded in Volume 4999, Page 57 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.) and the remainder of a called 10.011 acre tract conveyed to Southlake Assembly of God according to the Warranty Deed with Vendor's Lien as recorded in Volume 7597, Page 124, D.R.T.C.T., and being more particularly described by metes and bounds as follows: COMMENCING at a 1/2" iron rod with plastic cap stamped "Area Surveying" found for the northwest corner of the aforementioned Lot 1R1, Block 1, said corner being at the intersection of the south right—of—woy line of E. Highland Street (variable width right—of—way) and the east right—of— way line of N. White Chapel Boulevard (variable width right— of—way); THENCE S 88'03'25" E (plat—S 88'02'48" E), with the most westerly north line of said Lot 1R1, Block 1 and said south right—of—woy line of E. Highland Street, 59.30 feet to a 1/2" iron rod with plastic cap stomped "TX REG NO 100189- 00" set for corner at the POINT OF BEGINNING; THENCE S 88'03'25" E (plat—S 88'02'48" E), continuing with the most westerly north line of said Lot 1131, Block 1 and said south right—of—woy line of E. Highland Street, 27.93 feet; THENCE S 70'58'48" W, departing the most westerly north line of said Lot 1R1, Block 1 and said south right—of—way line of E_ Highland Street, 27.36 feet to the beginning of a tangent curve to the left having a central angle of 42'23'39", a radius of 112.00 feet, a tangent length of 43.44 feet, and a chord which bears S 49'46'59" W, 80.99 feet; THENCE, with said tangent curve to the left, an arc distance of 82.87 feet to the west line of said Lot iR1, Block 1 and the aforementioned east right—of—woy line of N. White Chopel Boulevard, from whence a 1/2" iron rod found for the southwest corner of said Lot 1R1, Block 1 bears S 00'28'20' W (plot—N 00'28'47" E), 219.44 feet and S 00'37'41" E (plat—N 00"37'14" W), 434.27 feet; NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 1 OF 3 TBPE FIRM REG. NO. F-356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189-00 OCTOBER 25, 2012 Two Park Lane Ploce / 8080 Pork Lone / Suite 600 08-10-076.B Dallas, Texas 75231 / Ph. (214) 739-4741 8076—P22—TCE1,dwg EXHIBIT "A' TE WPORARY CONS7RUC7701V EASEMENT a0212 ACR47S/923 SOL FT. PARCEL A PORTION OF LOT IR1, BLOCK f, SOUTHL4KE ASSEMBLY OF lM ADDI770N 114LU/AM W. HALL SURVEY, ABSTRACT NO. 687 CITY OF SOU7HL4K& TARRANT COUNTY, TEXAS THENCE N 00'28'20" E (plot—N 00'28'47" E), with the west line of said Lot 1111, Block 1 and said east right—of—way line of N. White Chapel Boulevard, 18.82 feet to a 1/2" iron rod with plastic cap stomped "TX REG NO 100189-00" set for corner at the beginning of a norn-tongent curve to the right having a central angle of 35*10`29", a radius of 122.00 feet, a tangent length of 38.67 feet, and a chord which bears N 53'59'28" E. 73.73 feet; THENCE, departing the west line of said Lot 1R1, Block 1 and said east right—of—way line of N. White Chapel Boulevard and with said non —tangent curve to the right, an arc distance of 74.90 feet to the POINT OF BEGINNING and containing 0.0212 acres or 923 square feet of land, more or less. FORvNATHAN D. MAIER CONSULTING ENGINEERS, INC 4��� J n r. Me ton, R.P.L.S. No. 4268 Registered Professional Land Surveyor NOTES: Bearings for this survey are based on the Western Data Systems Texas Cooperative Network and are referenced to NAD83 State Plane Coordinate System, Texas North Central Zone 4202. Stations DMLN—g and DML2-90811 were utilized as base stations during GPS data collection sessions. This survey was performed without the benefit of a title commitment and may be subject to liens, encumbrances, easements, rights —of —way, restrictions, covenants, reservations or other conditions of record which the undersigned has not been advised of or is aware of. No additional research for easements was performed by Nathan D. Maier Consulting Engineers, Inc. in the preparation of this survey. NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 2 OF 3 TBPE FIRM REG. NO. F-356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG_ NO_ 100189-00 OCTOBER 25, 2012 Two Park Lone Place / 8080 Park Lane / Suite 600 08-10-076.8 Dallas, Texas 75231 / Ph. (214) 739-4741 5076—P22—TCE1.dwg EXHIBIT 'A" TEMPORARY CONS7RUc1101V EASEMENT a 0212 ACRES/923 SOL FT. PARCEL A PORTION OF LOT 1R1, BLOCK 1, SOUMLAKE ASSEWBLY OF GOD ADDITION WILUAM W. HALL SURVEY; ABSTRACT NO. 887 CITY OF SOUTHLAKE; TARRAW COUNTY, 7FXAS � SB- } W/PATE EN4r'II RRS CAP CITY OF SOU1tILAKF WST NO. D199076920 D.R.T.C7, WORTH - CALLED 1.0 ACRES SCALE.-1 "=100' 1 MARGUERITE ELIZABETH FECHTEL REVOCABLE TRUST 5/a"AV S/B'JRF AVST. NQ D206039011 w1maAWAY B A550( LAP W/PATE RPLS D.R. T.C. T. 5647 LAP REMAINDER OF CALLED 7.61 ACRES POINT OF CWMEWC/NG j j In W WIAREA SLWWWW cAP _ --�-- -- --- W. HIGHLAND STREET ,; Urs (VARIABLE WIDTH R.O.W.) 617-640a s. (PLAT--N N 00`. 1G L44MES C LIFFORD S OD, J? INST. NO. D197212230 D.R. I.0 T. (LAST NXL AND TESTAMENT OF JAMES CLIFTORD *000) ABBREVIA TION LEGEND D.R. T.0 T. DEED RECORDS OF rARRANT COUNTY, TEXAS O.P.R.T.CT. OFFICIAL PUBLIC RECORDS OF TARRANT COLWTY, TEXAS P.R. T,C T. PLAT RECORDS OF TARRAN7 COUNTY. TEXAS CAB., SLIDE CABRIET, SLIDE As Na INSTRUMENT NUMBER va- PG VOLUAfF- PAGE C.L. CENTERLINE ESMT EASEMENT R.O.W. RK21r-OF-IYAY 50. FT. SQUARE FEET IAA IRON ROD FOLWO IPF IRON PIPE FOUND IRS W/CAP IRON ROD SET WTH PLASTIC CAP STAMPED "TX REG NO T00189-00' (PLAT-S B6t72'48- S 8&UJ'25' E W/1CAP E) '/ n //2- a- WEE CHAPEL 11JLLAGE CENTER PARTNERS LP WST. D205378677 D.R T.G T. CALLED 1.887 ACRES LOT a BLOCK A-80 PECK ADDITION VOL. 399-137, Pa 61 P.R- rcT. OF BEGINNING I/1' TIPS W/CAP (PLAT-S88'02'48- E) E HIGHLAND STI 88Vyf3'25' E (VARIABLE WIDTH R.O.W.) �S 70"5848" �W-27.36' G 0 0212 ACRES (923 SQ. FT.) i FIRST ASSEMBLY OF GOD CHURCH, WC, SOUTHLAKE, TEXAS JOHN A MADDEN AND H.W. COOK AND WE v VOL 4999. PG. 57 WE NELEN L MADDEN DOROTHY M. COOK W D.R. T.0 T. VOL, 6521, PG. 621 VOL 5JS7, PG. 217 N REMAP"R OF CALLED O.R. T. C. T. D.R. T.C. T. Z07 ACRE TRACT REMAINDER OF TRACT 2 to N AND 3 o SOUTHLAKE ASSEMBLY OF G00 VOL, 7597, PG 124 h 2 AR.T.CT. i REMAWOER OF CALLED N ` 10.011 ACRE TRACT g y LOT JR1, BLOCK 1 i SOUTHLAKE ASSEMBLY OF GOD ADDITION WST. NO.OLP OTC. 766 1 O.P.R.T.GL 177-5' UITUTY ESMT. n3 N QURW �J9" Li-3570 29" R=11200' R=12200' T=43. 44' T=3& 67' L-82.87' L=74.90' CB=S 49'4659" W CB=N 5305928" E a=80.99' CL=7,173' 75' UTILITY ESMT VOL 3TC., PG. 39 A2 - P.T.G T. NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 3 OF 3 TBPE FIRM REG. NO. F-356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189-00 OCTOBER 25, 2012 Two Park Lane Place / 8080 Park Lane / Suite 600 08-10-076.8 Dallas, Texas 75231 / Ph. (214) 739-4741 8076—P22_TCE1.dwg Order No. 13-1592MSS AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT NOTICE TO PARTIES (Pursuant to 24CFR3500, Appendix "D") To: Buyer/Borrower. City of Southlake 1400 Main Street, Suite 320 Southlake, TX 76092 Seller. Southlake Church of the Assemblies of God, Inc. 101 E Highland Street Southlake, TX 76092 From: Capital Title of Texas, LLC Property: BEING a 0.0244 acre tract of land situated in the William W. Hall Survey, Abstract No. 687, in the City of Southlake, Tarrant County, Texas and being a portion of Lot 1 R1, Block 1, Southlake Assembly of God Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Instrument No. D210148766 of the Official Public Records of Tarrant County, Texas, said Lot 1 R1, Block 1 being the remainder of a called 2.07 acre tract conveyed to First Assembly of God Church, Inc., Southlake, Texas according to the Warranty Deed as recorded in Volume 4999, Page 57 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.) and the remainder of a called 10.011 acre tract conveyed to Southlake Assembly of God according to the Warranty Deed with Vendors Lien as'recorded in Volume 7597, Page 124, D.R.T.C.T., and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with plastic cap stamped "Area Surveying" found for the northwest comer of the aforementioned Lot 1R1, Block 1, said comer being at the intersection of the south right-of-way line of E. Highland Street (variable width right -of --way) and the east right-of-way line of N. White Chapel Boulevard; THENCE S 88' 03' 25" E (plat-S 88' 02' 48" E), with the most westerly north line of said Lot 1 R1, Block 1 and said south right-of-way line of E. Highland Street, 59.30 feet to a 1/2" iron rod with plastic cap stamped'TX REG NO 100189- 00" set for comer at the beginning of a non -tangent curve to the left having a central angle of 35' 10' 29", a radius of 122.00 feet, a tangent length of 38.67 feet, and a chord which bears S 53' 59' 28" W, 73.73 feet; THENCE, departing the most westerly north line of said Lot 1 R1, Block 1 and said south right-of-way line of E. Highland Street and with said non -tangent curve to the left, an arc distance of 74.90 feet to a 112" iron rod with plastic cap stamped "TX REG NO 100189-00" set for comer in the west line of said Lot 1 R1, Block 1 and the aforementioned east right-of-way line of N. White Chapel Boulevard, from whence a 1/2" iron rod found for the southwest comer of said Lot 1 R1, Block 1 bears S 00' 28' 20" W (plat-N 00' 28' 4T' E), 238.25 feet and S 00' 37' 41" E (plat-N 00' 37' 14" W), 434.27 feet; THENCE N 00' 28' 20" E (plat-N 00' 28' 4T' E), with the west line of said Lot 1R1, Block 1 and said east right-of-way line of N. White Chapel Boulevard, 45.36 feet to the POINT OF BEGINNING and containing 0.0244 acres or 1,063 square feet of land, more or less. Affiliated Business Disclosure — United Tax Service Page 1 of 2 Rev. 06/03 NOTE: The Company is prohibited from insuring the area or quantity of the land described herein. Any statement in the legal description contained in Schedule "A" as to area or quantity of land is not a representation that such area or quantity is correct, but is made only for informal identification purposes and does not override Item 2 of Schedule'B" hereof. Date: December 2, 2013 This is to give you notice that CAPITAL TITLE OF TEXAS, LLC (*CTOT"), has a business relationship with PREMIER SURVEYING, LLC, WILLOWBEND MORTGAGE, SHADDOCK & ASSOCIATES, PC, CAPITAL NATIONAL FINANCIAL, INC. CAMBRIDGE INSURANCE AGENCY, LLC, UNITED TAX SERVICE and UNITED E-RECORDING, LLC, (referred to collectively as "United"), 2400 N. Dallas Parkway, Suite 560, Plano, Texas 75287, (972) 682-2719, CTOT routinely obtains Surveys, Tax Certificates, Insurance and e-Recording Services from United; the charge for these settlement services is paid by the parties to the transaction; that charge is collected by CTOT at closing and paid by CTOT to United. The owner of United is William C. Shaddock, who, in addition to being indirectly involved with CTOT as an owner, is also its President, CEO and a Director. Because of this relationship, the referral of business to United by CTOT may provide CTOT with a financial or other benefit Notice is also given that CTOT has a business relationship with First National Title Insurance Company ("FNTI"), which is a title insurance underwriting company. The owner of CTOT is also the owner of FNTI. Because of this relationship, the referral of business to FNTI by CTOT may provide CTOT with financial or other benefit. The premium charges made by FNTI are in accordance with the premium rates promulgated by the Texas Department of Insurance. Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider as a condition for the purchase, sale or refinance of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES. United Tax Service, Inc. Range of Estimated charges: $ 25.00 United E-Recording, LLC Range of Estimated charges $4.00 to 10.00 per recorded document Premier Surveying, LLC Range of Estimated charges Cambridge insurance Agency, LLC Willowbend Mortgage Capital National Financial, Inc. Shaddock & Associates, PC I/we have read this disclosure form and understand that CTOT is referring me/us to purchase the above - described settlement service and may receive a financial or other benefit as a result of this referral. The City of Southlake Southlake Church of the Assemblies of God, Inc. By: By. V Name: tin l'_. TGlrell Name: Title: _ w� .� __ Title: AFFIDAVIT AS TO DEBTS, LIENS, POSSESSION AND TAXES GF#: 13-159200-SB State of Texas County of Tarrant SUBJECT PROPERTY: 101 E Highland St Southlake, TX 76092 See Exhibit "A" attached hereto and made a part hereof. BEFORE ME, the undersigned authority, on , the Assemblies of God, Inc., personally known to me to b e The undersigned represent(s) to CAPITAL TITLE OF TEXAS, hereinafter the Company, to his, her, their best knowledge that, Except as noted below, there are no parties occupying, renting, leasing, residing or possessing the subject property or any portion thereof, nor is the undersigned aware of any parties claiming title to the subject property or any portion thereof by any reason of adverse possession, except NONE 2, No unpaid debts for plumbing fixtures, water heaters, swimming pool, furnace, air conditioners, radio or television antennae, carpeting, rugs, lawn sprinkling systems, venetian blinds, window shades, draperies, electric appliances, fences, street paving, assessments, or any personal property or fixtures that are located on the subject property described above, and that no items have been purchased on time payment contracts and there are no security interests on such property secured by financing statements, security agreements, or otherwise except the following:NONE Secured Party Approximate Amount 3. No liens of any kind against such property except the following: NONE Secured Party Approximate Amount IT IS UNDERSTOOD BY THE UNDERSIGNED THAT THE PAYOFF AMOUNT(S) ON LOANS LISTED ABOVE IS/ARE IN ACCORDANCE WITH STATEMENTS GIVEN BY THE LENDING INSTITUTIONS AND SHOULD THE NOTEHOLDER REQUIRE ANY ADDITIONAL AMOUNT IN ORDER TO RELEASE SAID INDEBTEDNESS THE UNDERSIGNED AGREE(S) TO PAY THAT ADDITIONAL AMOUNT INCLUDING AD VALOREM TAXES NOT SPECIFICALLY REFERENCED ABOVE. There are no delinquent ad valorem taxes owing against the subject property. There are no federal or state taxes due by the undersigned for which a lien has not been filed but which have been assessed. There are no liens of any kind or character or claims for paving outstanding against the property, and we have signed no petitions for the paving of the street or alley adjoining this property and know of no petitions being circulated for payment. All labor and materials used in the construction of improvements on the above described property have been paid and there are no unpaid labor or material claims against the improvements or the property upon which same are situated, and the undersigned hereby declare(s) that all sums of money due for the erection of improvements have been fully paid and satisfied, except as stated on the reverse hereof. There are no proceedings in bankruptcy or receivership, that have been instituted by or against me/us, and Uwe have never made an assignment for the benefit of Creditors. Further, the undersigned has claimed no exemptions relating to ad valorem taxes to which he/she/they/it are not entitled. CONDOMINIUMS: We as owners or mortgagors are aware of certain obligations imposed upon us by the terms and conditions of the Declaration of Covenants, Condition and Restrictions that affect the above described property and that we have paid all past and current assessments and dues assessed by the association created by the condominium regime. The undersigned realize(s) that these representations are made to induce the company and its Underwriter to insure the title to subject property and tenants: Executed this 6th day of December, 2013 Southlake Church of the Assemblies of God, Inc. By - Name: ®. Title: L&A4r' ✓ State of Texas County of Tarrant t , This iumer}t was acknowledged bere mec` this �C. day of December, 2013 by G in y n of the Southlake Church of the Assmbilies of God, Inc. Notary ic, State of Texas Notary' Printed Name Commission Expires: ,<<P. GAYLE M.BELSTEM NoWry Public State of Texas tti�y Comm. Expires 04-13-2016 Escrow File No.: 13-159200-SB EXHIBIT "A" TRACT 1 BEING a 0.0244 acre tract of land situated in the William W. Hall Survey, Abstract No. 687, in the City of Southlake, Tarrant County, Texas and being a portion of Lot 1R1, Block 1, Southlake Assembly of God Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Instrument No. D210148766 of the Official Public Records of Tarrant County, Texas, said Lot IRl, Block 1 being the remainder of a called 2.07 acre tract conveyed to First Assembly of God Church, Inc., Southlake, Texas according to the Warranty Deed as recorded in Volume 4999, Page 57 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.) and the remainder of a called 10.011 acre tract conveyed to Southlake Assembly of God according to the Warranty Deed with Vendor's Lien as recorded in Volume 7597, Page 124, D.R.T.C.T., and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with plastic cap stamped "Area Surveying found for the northwest corner of the aforementioned Lot 1R1, Block 1, said corner being at the intersection of the south right-of-way line of E. Highland Street (variable width right-of-way) and the east right-of-way line of N. White Chapel Boulevard; THENCE S 880 03' 25" E (plat-S 88' 02' 48" E), with the most westerly north line of said Lot 1R1, Block 1 and said south right-of-way line of E. Highland Street, 59.30 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189- 00" set for corner at the beginning of a non -tangent curve to the left having a central angle of 351 10' 29", a radius of 122.00 feet, a tangent length of 38.67 feet, and a chord which bears S 53159' 28" W, 73.73 feet; THENCE, departing the most westerly north line of said Lot 1R1, Block 1 and said south right-of-way line of E. Highland Street and with said non -tangent curve to the left, an arc distance of 74.90 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189-00" set for corner in the west line of said Lot 1R1, Block 1 and the aforementioned east right-of-way line of N. White Chapel Boulevard, from whence a 1/2" iron rod found for the southwest corner of said Lot 1R1, Block 1 bears S 000 28' 20" W (plat-N 000 28' 47" E), 238.25 feet and S 000 37' 41" E (plat-N 000 37' 14" W), 434.27 feet; THENCE N 000 28' 20" E (plat-N 00° 28' 47" E), with the west line of said Lot 1R1, Block 1 and said east right-of-way line of N. White Chapel Boulevard, 45.36 feet to the POINT OF BEGINNING and containing 0.0244 acres or 1,063 square feet of land, more or less. Capital Title of Texas, LLC - Southlake Blvd 1150 N. Carroll Avenue apflaSouthlake, TX 76092 Phone 817-329-8989 Fax 817-329-8282 OWNER POLICY OF TITLE INSURANCE TRANSMITTAL March 4, 2014 City of Southlake 1400 Main Street, Suite 320 Southlake, TX 76092 RE: Order No.: 13-159200-SB Buyer/Borrower(s): City of Southlake Sellers(s): Southlake Church of the Assemblies of God, Inc. Property Address: 101 E Highland St, Southlake, TX 76092 In connection with the above transaction, we enclose your Owner Policy of Title Insurance. Your deed has been filed for record in the County Clerk's Office and it will be mailed directly to you from that office. It has been a pleasure to serve you. If we may assist you in the future, please let us know. Gayle Giebelstein Order No. 13-159200-SB OTP Transmittal Page 1 of 1 Rev. 01/06 If you want information about coverage or need assistance to resolve complaints, please call our toll free number. 1-800-729-1902. If you make a claim under your policy, you must furnish written notice in accordance with Section 3 of the Conditions and Stipulations. Visit our World Wde Web site at: htto://www.stewart.com OWNER'S POLICY OF TITLE INSURANCE ISSUED BY Adorak rt title guaranty company Any notice of claim and any other notice or statement in writing required to be given the Company under this Policy must be given to the Company at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS, STEWART TITLE GUARANTY, a Texas corporation (the "Company") insures, as of Date of Policy and, to the extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from: (a) A defect in the Title caused by: (i) forgery, fraud, undue influence, duress, incompetency, incapacity or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified, expired or otherwise invalid power of attorney; (vi) a document not properly filed, recorded or indexed in the Public Records including failure to perform those acts by electronic means authorized by law, or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid. (c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. (d) Any statutory or constitutional mechanic's, contractor's, or materialman's lien for labor or materials having its inception on or before Date of Policy. 3. Lack of good and indefeasible Title. 4. No right of access to and from the Land. Covered Risks continued on next page. IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused this policy to be signed and sealed by its duly authorized officers as of Date of Policy shown in Schedule A. Countersigned by: riS(_I+1 t 1 bUa yf guararAy company Senior Chairman of the Board Authorized Countersignature Capital Title of Texas, LLC - Southlake Boulevard Company Southlake, TX City, State *Chman ofthe Boardofthe Board r,X � , President Page 1 of Policy Serial 0-5991-000089828 Form T-1: Owner's Policy of Title Insurance (Rev. 2/1/10) COVERED RISKS CONTINUED FROM PAGE 1 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting or relating to: (a) the occupancy, use or enjoyment of the Land; (b) the character, dimensions or location of any improvement erected on the Land; (c) subdivision of land; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9. Title being vested other than as stated in Schedule A or being defective: (a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency or similar creditors' rights laws; or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency or similar creditors' rights laws by reason of the failure of its recording in the Public Records: (i) to be timely, or (ii) to impart notice of its existence to a purchaser for value or a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. 11. The Company will also pay the costs, attorneys' fees and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting or relating to: (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions or location of any improvement erected on the Land; (iii) subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims or other matters: (a) created, suffered, assumed or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is: (a) a fraudulent conveyance or fraudulent transfer; or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. 6. The refusal of any person to purchase, lease or lend money on the estate or interest covered hereby in the land described in Schedule A because of Unmarketable Title. Page 2of Policy Serial 0-6991-000089828 CONDITIONS 1. DEFINITION OF TERMS. The following terms when used in this policy mean: (a) "Amount of Insurance": the amount stated in Schedule A, as may be increased or decreased by endorsement to this policy, increased by Section 8(b), or decreased by Sections 10 and 11 of these Conditions. (b) "Date of Policy": The date designated as "Date of Policy" in Schedule A. (c) "Entity": A corporation, partnership, trust, limited liability company or other similar legal entity. (d) "Insured": the Insured named in Schedule A. (i) The term "Insured" also includes: (A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs, devisees, survivors, personal representatives or next of kin; (B) successors to an Insured by dissolution, merger, consolidation, distribution or reorganization; (C) successors to an Insured by its conversion to another kind of Entity; (D) a grantee of an Insured under a deed delivered without payment of actual valuable consideration conveying the Title; (1) If the stock, shares, memberships, or other equity interests of the grantee are wholly -owned by the named Insured, (2) If the grantee wholly owns the named Insured, (3) If the grantee is wholly -owned by an affiliated Entity of the named Insured, provided the affiliated Entity and the named Insured are both wholly -owned by the same person or Entity, or (4) If the grantee is a trustee or beneficiary of a trust created by a written instrument established by the Insured named in Schedule A for estate planning purposes. (ii) With regard to (A), (B), (C) and (D) reserving, however, all rights and defenses as to any successor that the Company would have had against any predecessor Insured. (e) "Insured Claimant": an Insured claiming loss or damage. (f) "Knowledge" or "Known": actual knowledge, not constructive knowledge or notice that may be imputed to an Insured by reason of the Public Records or any other records that impart constructive notice of matters affecting the Title. (g) "Land": the land described in Schedule A, and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but this does not modify or limit the extent that a right of access to and from the Land is insured by this policy. (h) "Mortgage": mortgage, deed of trust, trust deed, or other security instrument, including one evidenced by electronic means authorized by law. (i) "Public Records": records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. With respect to Covered Risk 5(d), "Public Records" shall also include environmental protection liens filed in the records of the clerk of the United States District Court for the district where the Land is located. 0) "Title": the estate or interest described in Schedule A. (k) "Unmarketable Title": Title affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the Title or lender on the Title to be released from the obligation to purchase, lease or lend if there is a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE. The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title. This policy shall not continue in force in favor of any purchaser from the Insured of either (i) an estate or interest in the Land, or (ii) an obligation secured by a purchase money Mortgage given to the Insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT. The Insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 5(a) below, or (ii) in case Knowledge shall come to an Insured hereunder of any claim of title or interest that is adverse to the Title, as insured, and that might cause loss or damage for which the Company may be liable by virtue of this policy. If the Company is prejudiced by the failure of the Insured Claimant to provide prompt notice, the Company's liability to the Insured Claimant under the policy shall be reduced to the extent of the prejudice. When, after the Date of the Policy, the Insured notifies the Company as required herein of a lien, encumbrance, adverse claim or other defect in Title insured by this policy that is not excluded or excepted from the coverage of this policy, the Company shall promptly investigate the charge to determine whether the lien, encumbrance, adverse claim or defect or other matter is valid and not barred by law or statute. The Company shall notify the Insured in writing, within a reasonable time, of its determination as to the validity or invalidity of the Insured's claim or charge under the policy. If the Company concludes that the lien, encumbrance, adverse claim or defect is not covered by this policy, or was otherwise addressed in the closing of the transaction in connection with which this policy was issued, the Company shall specifically advise the Insured of the reasons for its determination. If the Company concludes that the lien, encumbrance, adverse claim or defect is valid, the Company shall take one of the following actions: (i) institute the necessary proceedings to clear the lien, encumbrance, adverse claim or defect from the Title as insured; (ii) indemnify the Insured as provided in this policy; (iii) upon payment of appropriate premium and charges therefor, issue to the Insured Claimant or to a subsequent owner, mortgagee or holder of the estate or interest in the Land insured by this policy, a policy of title insurance without exception for the lien, encumbrance, adverse claim or defect, said policy to be in an amount equal to the current value of the Land or, if a mortgagee policy, the amount of the loan; (iv) indemnify another title insurance company in connection with its issuance of a policy(ies) of title insurance without exception for the lien, encumbrance, adverse claim or defect; (v) secure a release or other document discharging the lien, encumbrance, adverse claim or defect; or (vi) undertake a combination of (i) through (v) herein. 4. PROOF OF LOSS. In the event the Company is unable to determine the amount of loss or damage, the Company may, at its option, require as a condition of payment that the Insured Claimant furnish a signed proof of loss. The proof of loss must describe the defect, lien, encumbrance or other matter insured against by this policy that constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. 5. DEFENSE AND PROSECUTION OF ACTIONS. (a) Upon written request by the Insured, and subject to the options contained in Sections 3 and 7 of these Conditions, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an Insured in litigation in which any third party asserts a claim covered by this policy adverse to the Insured. This obligation is limited to only those stated causes of action alleging matters insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the Insured to object for reasonable cause) to represent the Insured as to those stated causes of action. It shall not be liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs or expenses incurred by the Insured in the defense of those causes of action that allege matters not insured against by this policy. Page 3of Policy Serial 0-5991-000089828 CONDITIONS Continued (b) The Company shall have the right, in addition to the options contained in Sections 3 and 7, at its own cost, to institute and prosecute any action or proceeding or to do any other act that in its opinion may be necessary or desirable to establish the Title, as insured, or to prevent or reduce loss or damage to the Insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable to the Insured. The exercise of these rights shall not be an admission of liability or waiver of any provision of this policy. If the Company exercises its rights under this subsection, it must do so diligently. (c) Whenever the Company brings an action or asserts a defense as required or permitted by this policy, the Company may pursue the litigation to a final determination by a court of competent jurisdiction and it expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. 6. DUTY OF INSURED CLAIMANT TO COOPERATE. (a) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding and any appeals, the Insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, including the right to use, at its option, the name of the Insured for this purpose. Whenever requested by the Company, the Insured, at the Company's expense, shall give the Company all reasonable aid (i) in securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act that in the opinion of the Company may be necessary or desirable to establish the Title or any other matter as insured. If the Company is prejudiced by the failure of the Insured to furnish the required cooperation, the Company's obligations to the Insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. (b) The Company may reasonably require the Insured Claimant to submit to examination under oath by any authorized representative of the Company and to produce for examination, inspection and copying, at such reasonable times and places as may be designated by the authorized representative of the Company, all records, in whatever medium maintained, including books, ledgers, checks, memoranda, correspondence, reports, e-mails, disks, tapes, and videos whether bearing a date before or after Date of Policy, that reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Insured Claimant shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all of these records in the custody or control of a third party that reasonably pertain to the loss or damage. All information designated as confidential by the Insured Claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Insured Claimant to submit for examination under oath, produce any reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in this subsection, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this policy as to that claim. 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY. In case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Insurance. To pay or tender payment of the Amount of Insurance under this policy together with any costs, attomeys' fees and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment or tender of payment and that the Company is obligated to pay. Upon the exercise by the Company of this option, all liability and obligations of the Company to the Insured under this policy, other than to make the payment required in this subsection, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation. (b) To Pay or Otherwise Settle With Parties Other than the Insured or With the Insured Claimant. (i) to pay or otherwise settle with other parties for or in the name of an Insured Claimant any claim insured against under this policy. In addition, the Company will pay any costs, attomeys' fees and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay; or (ii) to pay or otherwise settle with the Insured Claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in subsections (b)(i) or (ii), the Company's obligations to the Insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prosecute or continue any litigation. 8. DETERMINATION AND EXTENT OF LIABILITY. This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant who has suffered loss or damage by reason of matters insured against by this policy. (a) The extent of liability of the Company for loss or damage under this policy shall not exceed the lesser of: (i) the Amount of Insurance; or (ii) the difference between the value of the Title as insured and the value of the Title subject to the risk insured against by this policy. (b) If the Company pursues its rights under Section 3 or 5 and is unsuccessful in establishing the Title, as insured, (i) the Amount of Insurance shall be increased by 10%, and (ii) the Insured Claimant shall have the right to have the loss or damage determined either as of the date the claim was made by the Insured Claimant or as of the date it is settled and paid. (c) In addition to the extent of liability under (a) and (b), the Company will also pay those costs, attorneys' fees and expenses incurred in accordance with Sections 5 and 7 of these Conditions. 9. LIMITATION OF LIABILITY. (a) If the Company establishes the Title, or removes the alleged defect, lien or encumbrance, or cures the lack of a right of access to or from the Land, all as insured, or takes action in accordance with Section 3 or 7, in a reasonably diligent manner by any method, including litigation and the completion of any appeals, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused to the Insured. (b) In the event of any litigation, including litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals, adverse to the Title, as insured. Page 4of Policy Serial 0-5991-000089828 CONDITIONS Continued (c) The Company shall not be liable for loss or damage to the Insured for liability voluntarily assumed by the Insured in settling any claim or suit without the prior written consent of the Company. 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the Amount of Insurance by the amount of the payment. 11. LIABILITY NONCUMULATIVE. The Amount of Insurance shall be reduced by any amount the Company pays under any policy insuring a Mortgage to which exception is taken in Schedule B or to which the Insured has agreed, assumed, or taken subject or which is executed by an Insured after Date of Policy and which is a charge or lien on the Title, and the amount so paid shall be deemed a payment to the Insured under this policy. 12. PAYMENTOFLOSS. When liability and the extent of loss or damage have been definitely fixed in accordance with these Conditions, the payment shall be made within 30 days. 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT. (a) Whenever the Company shall have settled and paid a claim under this policy, it shall be subrogated and entitled to the rights of the Insured Claimant in the Title and all other rights and remedies in respect to the claim that the Insured Claimant has against any person or property, to the extent of the amount of any loss, costs, attorneys' fees and expenses paid by the Company. If requested by the Company, the Insured Claimant shall execute documents to evidence the transfer to the Company of these rights and remedies. The Insured Claimant shall permit the Company to sue, compromise or settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any transaction or litigation involving these rights and remedies. If a payment on account of a claim does not fully cover the loss of the Insured Claimant, the Company shall defer the exercise of its right to recover until after the Insured Claimant shall have recovered its loss. (b) The Company's right of subrogation includes the rights of the Insured to indemnities, guaranties, other policies of insurance or bonds, notwithstanding any terms or conditions contained in those instruments that address subrogation rights. 14. ARBITRATION. Either the Company or the Insured may demand that the claim or controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association ("Rules"). Except as provided in the Rules, there shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured arising out of or relating to this policy, any service in connection with its issuance or the breach of a policy provision, or to any other controversy or claim arising out of the transaction giving rise to this policy. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be arbitrated at the option of either the Company or the Insured, unless the Insured is an individual person (as distinguished from an Entity). All arbitrable matters when the Amount of Insurance is in excess of $2,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration pursuant to this policy and under the Rules shall be binding upon the parties. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction. 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT. (a) This policy together with all endorsements, if any, attached to it by the Company is the entire policy and contract between the Insured and the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage that arises out of the status of the Title or by any action asserting such claim, shall be restricted to this policy. (c) Any amendment of or endorsement to this policy must be in writing and authenticated by an authorized person, or expressly incorporated by Schedule A of this policy. (d) Each endorsement to this policy issued at any time is made a part of this policy and is subject to all of its terms and provisions. Except as the endorsement expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsement, (iii) extend the Date of Policy or (iv) increase the Amount of Insurance. Each Commitment, endorsement or other form, or provision in the Schedules to this policy that refers to a term defined in Section 1 of the Conditions shall be deemed to refer to the term regardless of whether the term is capitalized in the Commitment, endorsement or other form, or Schedule. Each Commitment, endorsement or other form, or provision in the Schedules that refers to the Conditions and Stipulations shall be deemed to refer to the Conditions of this policy. 16. SEVERABILITY. In the event any provision of this policy, in whole or in part, is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision or such part held to be invalid and all other provisions shall remain in full force and effect. 17. CHOICE OF LAW; FORUM. (a) Choice of Law: The Insured acknowledges the Company has underwritten the risks covered by this policy and determined the premium charged therefore in reliance upon the law affecting interests in real property and applicable to the interpretation, rights, remedies or enforcement of policies of title insurance of the jurisdiction where the Land is located. Therefore, the court or an arbitrator shall apply the law of the jurisdiction where the Land is located to determine the validity of claims against the Title that are adverse to the Insured, and in interpreting and enforcing the terms of this policy. In neither case shall the court or arbitrator apply its conflicts of laws principles to determine the applicable law. (b) Choice of Forum: Any litigation or other proceeding brought by the Insured against the Company must be filed only in a state or federal court within the United States of America or its territories having appropriate j u risd fiction. 18. NOTICES, WHERE SENT. Any notice of claim and any other notice or statement in writing required to be given the Company under this Policy must be given to the Company P.O. Box 2029, Houston, Texas 77252-2029. :_afa guaranty Gornparty Page Sof Policy Serial 0-5991-000089828 OWNER'S POLICY OF TITLE INSURANCE Issued by Stewart Title Guaranty Company SCHEDULE A Name and Address of Title Insurance Company: STEWART TITLE GUARANTY COMPANY 15950 Dallas Parkway, Suite 200, Dallas, 75248 File No.: 13-159200-SB Policy No.: 0-5991-000089828 Address for Reference only: 101 E Highland St, Southlake, TX 76092 Amount of Insurance: $49,820.00 Premium: $522.00 Date ofPolicy: December 10, 2013,at 12:33 pm 1. Name of Insured: City of Southlake 2. The estate or interest in the Land that is insured by this policy is: Fee Simple - Tract I 3. Title is insured as vested in: City of Southlake 4. The Land referred to in this policy is described as follows: BEING a 0.0244 acre tract of land situated in the William W. Hall Survey, Abstract No. 687, in the City of Southlake, Tarrant County, Texas and being a portion of Lot 1R1, Block 1, Southlake Assembly of God Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Instrument No. D210148766 of the Official Public Records of Tarrant County, Texas, said Lot IRl, Block 1 being the remainder of a called 2.07 acre tract conveyed to First Assembly of God Church, Inc., Southlake, Texas according to the Warranty Deed as recorded in Volume 4999, Page 57 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.) and the remainder of a called 10.011 acre tract conveyed to Southlake Assembly of God according to the Warranty Deed with Vendor's Lien as recorded in Volume 7597, Page 124, D.R.T.C.T., and being more particularly described by metes and bounds as follows: BEGINNING at a 1/2" iron rod with plastic cap stamped "Area Surveying" found for the northwest corner of the aforementioned Lot 1111, Block 1, said corner being at the intersection of the south right-of-way line of E. Highland Street (variable width right-of-way) and the east right-of- way line of N. White Chapel Boulevard; THENCE S 880 03' 25" E (plat-S 88102' 48" E), with the most westerly north line of said Lot 1R1, Block 1 and said south right-of-way line of E. Highland Street, 59.30 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189-00" set for corner at the beginning of a non -tangent curve to the left having a central angle of 351 10' 29", a radius of 122.00 feet, a tangent length of 38.67 feet, and a chord which bears S 530 59' 28" W, 73.73 feet; THENCE, departing the most westerly north line of said Lot 1R1, Block 1 and said south right-of-way line of E. Highland Street and with said non -tangent curve to the left, an arc distance of 74.90 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189-00" set for corner in the west line of said Lot 1R1, Block 1 and the aforementioned east right-of-way line of N. White Chapel Boulevard, from whence a 1/2" iron rod found for the southwest corner of said Lot 1R1, Block 1 bears S 00128' 20" W (plat-N 000 28' 47" E), 238.25 feet and S 00137' 41" E (plat-N 000 37' 14" W), 434.27 feet; THENCE N 000 28' 20" E (plat-N 000 28' 47" E), with the west line of said Lot 1111, Block 1 and said east right-of- way line of N. White Chapel Boulevard, 45.36 feet to the POINT OF BEGINNING and containing 0.0244 acres or 1,063 square feet of land, more or less. NOTE: The Company is prohibited from insuring the area or quantity of the land described herein. Any statement in FORM T-1: Owner's Policy of Title Insurance Page I Continuation of Schedule A Policy No. 0-5991-000089828 the legal description contained in Schedule "A" as to area or quantity of land is not a representation that such area or quantity is correct, but is made only for informal identification purposes and does not override Item 2 of Schedule "B" hereof. FORM T-1: Owner's Policy of Title Insurance Page 2 OWNER'S POLICY OF TITLE INSURANCE Issued by Stewart Title Guaranty Company SCHEDULE B File No.: 13-159200-SB Policy No.: 0-5991-000089828 EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of the terms and conditions of leases and easements, if any, shown in Schedule A, and the following matters: l . The following restrictive covenants of record itemized below (the Company must either insert specific recording data or delete this exception): Item No. 1, Schedule B, has been deleted in its entirety. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3. Homestead or community property or survivorship rights, if any, of any spouse of any Insured. 4. Any titles or rights asserted by anyone, including, but not limited to, persons, the public, corporations, governments or other entities, a. to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or b. to lands beyond the line of harbor or bulkhead lines as established or changed by any government, or c. to filled -in lands, or artificial islands, or d. to statutory water rights, including riparian rights, or e. to the area extending from the line of mean low tide to the line of vegetation, or the right of access to that area or easement along and across that area. Standby fees, taxes and assessments by any taxing authority for the year 2013, and subsequent years; and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership, but not those taxes or assessments for prior years because of an exemption granted to a previous owner of the property under Section 11.13, Texas Tax Code, or because of improvements not assessed for a previous tax year. 6. The following matters and all terms of the documents creating or offering evidence of the matters (The Company must insert matters or delete this exception.): a. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all rights, privileges and immunities relating thereto, appearing in the Public Records whether listed in Schedule B or not. There may be leases, grants, exceptions or reservations of mineral interest that are not listed. b. All visible and apparent easements or uses and all underground easements or uses, the existence of which may arise by unrecorded grant or by use. FORM T-1: Owner's Policy of Title Insurance Page 3 Continuation of Schedule B Policy No. 0-5991-000089828 C. Rights of parties in possession. d. Rights of tenants, as tenants only, under unrecorded leases or rental agreements. e. Rights of the public, the State of Texas and the municipality in and to that portion of subject property, if any, lying within the boundaries of any roadway, public or private. f. Airport Zoning Ordinance No. 71-100 for -Fort Worth International Airport recorded in 7349/1106, Real Property Records, Tarrant County, Texas. g. Easement created in instrument executed by A.T. Hodges to Texas Poer and Light Company, dated November 25,1958, filed December 24,1958, recorded in Volume 3276, Page 527, Real Property Records, Tarrant County, Texas. h. Easement created in instrument executed by First Assembly of God Church, Inc. to City of Southlake, dated December 12, 1985, filed December 23, 1985, recorded in Volume 8405, Page 1448, Real Property Records, Tarrant County, Texas. i. Easement created in instrument executed by Southlake Assembly of God to City of Southlake, dated December 12, 1985, filed December 20,1985, recorded in Volume 8405, Page 1451, Real Property Records, Tarrant County, Texas. j. Oil, Gas and Mineral Lease executed by Southlake Church of the Assemblies of God f/k/a Southlake Assembly of God f/k/a First Assembly of God, Inc., Southlake Texas, a corporation to XTO Energy Inc., dated September 5, 2008, filed October 6, 2008, recorded in CC#D208381792, Real Property Records, Tarrant County, Texas. The Company makes no representation as to the present ownership of this interest. Countersigned Capital Title of Texas, LLC - Southlake Boulevard Authorized Signatory FORM T-1: Owner's Policy of Title Insurance Page 4 GF No. 13-159200-SB Stewart Title Guaranty Company Owner's Policy No.: 0-5991-000089828 Premium Amount Rate Rules Property County Liability Date Type Code 1 2 3 4 5 6 7 8 $522.00 1000 2 439 $49,820.00 12/10/2013