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Peek Addition (Lot 6, Block A-80) - ROW CITY OF SOUTHLAKE 1 j I Public Works Administration August 12, 2013 Certified Mail, Return Receipt Requested # 7012 1640 0000 6722 4435 Mark DeRose ServiceStar Development Company, LLC 8231 East Prentice Avenue Greenwood Village, CO 80111 Subject: White Chapel Village Center Partners, LP, Southlake, Texas 76092 — Parcels Permanent Right Of Way -Final Offer Dear Mr. DeRose: 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 Hanes Appraisal Company of Arlington, Texas to do a second appraisal of the market value of the following tracts of land that the City proposes to acquire as a permanent Right Of Way, permanent easements and temporary construction easements. The appraisal consists of all tracts previously appraised under the ownership of White Chapel Village Center Partners, LP. Since the appraisal was completed, it has come to our attention that several tracts of land have changed ownership. The final offer is for only those tracts that are still under ownership of White Chapel Village Center Partners, LP. A copy of the appraisal is enclosed. Parcel 25 — 4,571 square feet (0.1049 ac) for ROW & 3,901 square feet (0.0896 ac) TCE Parcel 35 — 4,436 square feet (0.1018 ac) TCE Parcel 36 —1,561 square feet (0.0358 ac) TCE The City of Southlake is proposing to widen North White Chapel Boulevard from Highland Street to SH114 to improve traffic flow as 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 known as White Chapel Village Center Partners LP. 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 of Southlake is prepared to offer fifty two thousand eight hundred seventy five dollars ($52,875) as compensation for the proposed Right Of Way acquisitions, which is fair market value of the parcel as determined by said appraisal. I have enclosed the right of way and easement documents for your review, along with a copy of the Texas Landowner's Bill of Rights, prescribed by the Texas Legislature in Texas Government Innovation 0 Integrity 0 Accountability 0 Commitment to Excellence 0 Teamwork N. White Chapel Widening from Highland St. to SH114 Page 2 of 2 Code Section 402.031 and Chapter 21 of the Texas Property Code. This is the final offer. If you are agreeable to the request, sign the offer letter and return it to the City of Southlake in the attached envelope and I will initiate the closing process. We do request that counter offers be accompanied by a supporting certified appraisal. Time is of the essence for this vital transportation improvement project, therefore we are asking for a response to our offer within 14 days. Time will be allotted in the Right -of -Way acquisition process for you to obtain an appraisal to support a counter offer, however, please provide the City an executed agreement with a certified appraiser for our files. The City of Southlake commissioned Mr. Jerry Hodge at Hodge & Associates to help facilitate the right of way acquisition process. We hope you will give this offer serious consideration. If you have any questions, or wish to discuss this matter or the City's offer in more detail, please do not hesitate to contact Mr. Jerry Hodge of Hodge & Associates at (817) 991 -3161 or jerryh64@verizon.net. Sincerely, Steven D. Anderson, P.E., CFM Civil Engineer cc: File Cheryl Taylor, P.E., CFM, City Engineer Attachments: Landowner Bill of Rights ROW Documents Copy of Appraisals performed by Hanes Appraisal Company, LLC EXECUTED this 1 day of Av 1)S4 ,2013 SELLER: c Mark DeRose By: White Chapel Village Center Partners, LP 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: filt.4/11/04(a/ Auth ized Countersignature Senior Chairman of Board Company Capital Title of Texas, LLC Chairman of the Board 100 S. Village Center Drive City, State Southlake, Texas 76092 A .; // President 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 Toss 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. ste ■title guaranty company • COMMITMENT FOR TITLE INSURANCE Issued By First National Title Insurance Company SCHEDULE A Effective Date: October 31, 2013, 8:00 am GF No. 13- 159285 -SB Commitment No. , issued November 13, 2013, 8:00 am 1. 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: $52,875.00 PROPOSED INSURED: City of Southlake (b) TEXAS RESIDENTIAL OWNER'S POLICY OF TITLE INSURANCE - ONE -TO -FOUR FAMILY RESIDENCES (Form T -1R) 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: 2. The interest in the land covered by this Commitment is: Tract 1- -Fee Simple 3. Record title to the land on the Effective Date appears to be vested in: White Chapel Village Center Partners, L.P., a Colorado limited partnership 4. Legal description of the land: Tract 1 - -Fee Simple BEING a 0.1049 acre tract of land situated in the Larkin A. Chivers Survey, Abstract No. 300, in the City of Southlake, Tarrant County, Texas and being a portion Lot 6, Block A -80, Peck Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Volume 388 -137, Page .61, Plat Records of Tarrant County, Texas, and being more particularly described by metes and bounds as follows: BEGINNING at a 518" iron rod with plastic cap stamped "PATE RPLS 5647" found tor the southwest corner of said Lot 6, said found iron rod being at the intersection of the east right of way line of N. White Chapel Boulevard (variable width right of way) and the north right of way line of E. Highland Street (variable width right of way); THENCE N 00 "37'06" W (deed- N 00 °37'40" W), with the west line of said Lot 6 and the east line of said N. White Chapel Boulevard, a distance of 73.68 teet to a 1/2" iron rod with plastic cqp stamped "TX REG NO 100189 -00" set for corner; THENCE S 31 °48'00" E, departing the west line of said Ldt 6 and the east line of said N. White Chapel Boulevard, a distance of 34.84 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner, said iron FORM T -7: Commitment for Title Insurance Page I Continuation of Schedule A GF No. 13- 159285 -SB rod being the beginning of a tangent curve to the lett having a central angle of 50 °'50'18 ", a radius of 67.50 feet, a tangent length of 32.08 feet, a chord bearing of S 57 °13'09" E and a chord length of 57.95 feet; THENCE along said tangent curve to the left an arc distance of 59.89 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner; THENCE S 82 °38'18" E, a distance of 39.02 teet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189- 00" set for corner; THENCE S 87 °44'49" E, a distance of 248.49 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189- 00" set for corner; THENCE S 01 °54'05" W, a distance of 5.29 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner in the north right of way line of the aforementioned E. Highland Street; THENCE N 88 °48'18" W (deed- N 89 °49'23" W), along the north right of way line of said E. Highland Street, a distance of 353.19 feet to the POINT OF BEGINNING and containing 0.1049 acres or 4,571 square feet of land, more or less. FORM T -7: Commitment for Title Insurance Page 2 COMMITMENT FOR TITLE INSURANCE Issued By First National Title Insurance 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- 159285 -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. The following easement(s) and /or building line(s) affecting the subject property as shown on Map or Plat recorded in Volume 388 -137, Page 61, Map or Plat Records, Tarrant County, Texas: 30 foot building line along the Southerly and Westerly property line. f. Airport Zoning Ordinance No. 71 -100 for -Fort Worth International Airport recorded in 7349/1106, Real Property Records, Tarrant County, Texas. FORM T -7: Commitment for Title Insurance Pate 4 COMMITMENT FOR TITLE INSURANCE Issued By First National Title Insurance 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: 1. Documents creating your title or interest must be approved by us and must be signed, notarized and filed for record. 2. 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. Company requires submission of a copy of the Articles of Organization, and all amendments and supplements thereto, together with proof of registration with the State, and compliance therewith as to person(s) authorized to act on behalf of White Chapel Village Center Partners LP, a Colorado limited partnership. Countersigned Capital Title of Texas, LLC - Southlake Boulevard By Authorized Signatory FORM T -7: Commitment for Title Insurance Page 5 COMMITMENT FOR TITLE INSURANCE SCHEDULE D GF No. 13- 159285 -SB Effective Date: October 31, 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: . The following individuals are directors and/or officers, as indicated, of the Title Insurance Company issuing this Commitment Disclosures pursuant to Procedural Rule P -21, by Texas State Board of Insurance: UNDERWRITER: First National Title Insurance Company, a Texas corporation, shall disclose: Shareholders of 10% or more of First National Title Insurance Company; there shall also be disclosed all individuals, partnerships, corporations, trusts or other entities owning ten percent (10 %) or more, of those entities directly owning ten percent (10 or more, of the Title Insurance Company: William C. Shaddock- Texas National Holding, LLC DIRECTORS OF FIRST NATIONAL TITLE INSURANCE COMPANY: William C. Shaddock, J. Christopher Phillips, Mark E. Mitchell, Forest C. Roan, Patrick G. McMillan, Jr., William C. Shaddock, Jr. OFFICERS OF FIRST NATIONAL TITLE INSURANCE COMPANY: William C. Shaddock, Chairman; J. Christopher Phillips, Chief Executive Officer and President; Forrest C. Roan, Secretary; Raymond Reece, Chief Fincial Officer; Patrick G. McMillan, Jr., Treasurer; Geri Hosterman, Senior Vice President; Errin Froggatt, Vice President; and Donald O. Horn, Vice President. 2. 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. 3. 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 $543.00 Loan Policy $0.00 Endorsement Charges $0.00 Other $0.00 Total $543.00 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: FORM T -7: Commitment for Title Insurance Pate 6 Continuation of Schedule D GF No. 13- 159285 -SB 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 7 TEXAS TITLE INSURANCE INFORMATION Title insurance insures you against loss resulting from certain risks El seguro de titulo le asegura en relacion a perdidas resultantes de to your title. ciertos riesgos que pueden afectar el titulo de su propriedad. The commitment for Title Insurance is the title insurance company's El Compromiso para Seguro de Titulo es la promesa de la compaiva promise to issue the title insurance policy. The commitment is a aseguradora de titulos de emitir la poliza de seguro de titulo. El legal document. You should review it carefully to completely Compromiso es un documento legal. Usted debe leerlo understand it before your closing date. cuidadosamente y endenterlo complemente antes de la fecha para finalizar su transaccion. 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 or by calling the title insurance agent that issued the Commitment. The Texas Depai tinent 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 m 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 8 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 9 First National Title Insurance Company Premium Amount Rate Rules Property County Liability at Type Code Reissue Rate 1 2 3 4 5 6 7 8 $543.00 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 understand how we use your personal information. This privacy notice is distributed on behalf of Stewart Title Guaranty Company, 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 accounts. 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. _..., _.. -: ___.. �as:...c,_ �_�.'.,,rr d'�a�sk'r��� �+�,�<`n d.� �,` For our everyday business purposes— to process your transactions and maintain your account. This may include running the business and managing customer Yes No accounts, such as processing transactions, mailing, and auditing services, and 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 Yes No ownership or control. They can be financial and nonfmancial companies. 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 No We don't share common ownership or control. They can be financial and nonfinancial companies. We may disclose your personal information to our affiliates or to nonaffiliates as permitted by law. If you request a transaction with a nonaffiliate, such as a third party insurance company, we will disclose your personal information to that nonaffiliate. How often does Stewart Title Companies We must notify you about our sharing practices when you request a transaction. Notify me about their practices? How does Stewart Title Companies To protect your personal information from unauthorized access and use, we use security protect my personal information? measures that comply with federal and state law. These measures include computer, file, and building safeguards. How does Stewart Title Companies collect We collect your personal information, for example, when you my personal information? • request insurance - related services • provide such information to us We also collect your personal information from others, such as the real estate agent or lender involved in your transaction, credit reporting agencies, affiliates or other companies. What sharing can I limit? Although federal and state law give you the right to limit sharing (e.g., opt out) in certain instances, we do not share your personal information in those instances. If you have any questions about this privacy notice, please contact us at: Stewart Title Guaranty Company, 1980 Post Oak Blvd., Privacy Officer, Houston, Texas 77056 stewar ■title guaranty company IMPORTANT INFORMATION AVISO IMPORTANTE FOR INFORMATION, OR PARA INFORMACION, 0 TO MAKE A COMPLAINT PARA SOMETER UNA QUEJA CALL OUR TOLL -FREE TELE- LLAME AL NUMERO GRATIS PHONE NUMBER 1- 800 - 729 -1902 1- 800 - 729 -1902 TAMBIEN ALSO PUEDE COMUNICARSE CON YOU MAY CONTACT EL DEPARTAMENTO DE SEGUROS THE TEXAS DEPARTMENT DE TEXAS AL OF INSURANCE AT 1- 800 - 252 -3439 1- 800 - 252 -3439 para obtener informacion sobre: to obtain information on: 1. como someter una queja en contra de 1. filing a complaint against an insurance una compania de seguros o agente de company or agent, seguros, 2. whether an insurance company or agent 2. si una compania de seguros o agente de is licensed, seguros tiene Iicencia, 3. complaints received against an insurance 3. quejas recibidas en contra de una company or agent. compania de seguros o agente de 4. policyholder rights, and seguros, 5. a list of consumer publications and 4. los derechos del asegurado, y services available through the 5. una lista de publicaciones y servicios Department. para consumidores disponibles a traves del Departamento. YOU MAY ALSO WRITE TO THE TEXAS DEPARTMENT OF TAMBIEN PUEDE ESCRIBIR AL INSURANCE DEPARTAMENTO DE SEGUROS DE P.O. BOX 149104 TEXAS AUSTIN, TEXAS 78714 -9104 P.O. BOX 149104 FAX NO. (512) 475 -1771 AUSTIN, TEXAS 78714 -9104 FAX NO. (512) 475 -1771 s ■title guaranty company TEXAS TITLE INSURANCE IINFORMATION Title insurance insures you against Toss resulting El 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 El Compromiso para Seguro de Titulo es Ia promesa insurance policy. The commitment is a legal de la compania aseguradora de titulos de emitir Ia document. You should review it carefully to poliza de seguro de titulo. El Compromiso es un completely understand it before your closing date. 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 Commitments 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- 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 fumish 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 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: Commitment for Title Insurance United Tax Services, Inc. rrl united2400 Dallas Parkway, Suite 560, Plano, TX 75093 TAX SEIih'ICES, INC, Phone: 972- 682 -2716 Fax: 866- 553 -1073 Tax Certificate Property Information File#: 13- 159285 -SB Br SB Legal Description: Peck Addition Blk A80 Lot 6 2013 Assessed Value Total Acreage: 2.0000 # of Parcel(s): 1 # of Jurisdiction(s): 3 Land: $150,000 Situs Address: 1205 N White Chapel Blvd., Southlake TX 76092 Improvements $245,000 Mailing Address: 8231 E Prentice Ave, Greenwood Village CO 80111 Total: $395,000 Assessed Owner(s): Derose, Mark E. Tax Summary Jurisdiction Exemptions TaxYr Base Tax Penalty Due Now Due 01/14 Due 01/14 Tarrant County None 2013 $2,533.52 $0.00 $2,533.52 $2,533.52 $2,533.52 Southlake None 2013 $1,824.90 $0.00 $1,824.90 $1,824.90 $1,824.90 Carroll ISD None 2013 $5,530.00 $0.00 $5,530.00 $5,530.00 $5,530.00 Total 2013 $9,888.42 $0.00 $9,888.42 $9,888.42 $9,888.42 Grand Total All $9,888.42 $0.00 $9,888.42 $9,888.42 $9,888.42 Payment Information for Tarrant County Payable to Tarrant County Tax Collector Phone: (817) 884 -1100 Next Due Date: 1/31/2014 Mail to: PO Box 961018 , Fort Worth, TX 76161 CAD # Parcel# Acreage TaxYr Tax Rate Base Tax Total Pd Penalty W/O Exempt 32035A806 02184915 2.0000 2013 $0.6413970 $2,533.52 $0.00 $0.00 $2,533.52 Payment Information for Southlake Payable to Tarrant County Tax Collector Phone: (817) 884 -1100 Next Due Date: 1/31/2014 Mail to: PO Box 961018 , Fort Worth, TX 76161 CAD # Parcel# Acreage TaxYr Tax Rate Base Tax Total Pd Penalty W/0 Exempt 32035A806 02184915 2.0000 2013 $0.4620000 $1,824.90 $0.00 $0.00 $1,824.90 Payment Information for Carroll ISD Payable to Tarrant County Tax Collector Phone: (817) 884 -1100 Next Due Date: 1/31/2014 Mail to: PO Box 961018 , Fort Worth, TX 76161 CAD # Parcel# Acreage TaxYr Tax Rate Base Tax Total Pd Penalty W/O Exempt 32035A806 02184915 2.0000 2013 $1.4000000 $5,530.00 $0.00 $0.00 $5,530.00 Order Information Request Date: 3/27/2013 Request By: Armando Mendo Update Request: Request By: Date Completed: Update Completed: 11/7/2013 Billing and Fee Summary Charge Description Quantity Rate Total Amount Tax Cert Fee 1 $59.80 $59.80 Total Charges 1 $59.80 Mail payment to - United Tax Services, Inc., 2400 Dallas Parkway, Suite 560 1 Plano, TX 75093 287637 Page 1 of 1 Thursday, November 07, 2013 PURCHASER'S STATEMENT Date: November 15, 2013 GFNo: 13- 159285 -SB Sale From: White Chapel Village Center Partners, L.P., a To: City of Southlake Colorado limited partnership 1400 Main Street, Suite 320 8231 E Prentice Ave Southlake, TX 76092 Greenwood Village, CO 80111 Property: See Exhibits "A" in file scan for Parcel 25 Right of Way and Parcel 25 -SE Slope Easement and Parcels 35 & 36 Temporay Construction Easements 1205 N White Chapel Blvd. Southlake, TX 76092 Purchase Price _____ ___ -_ _ — ___-.$52,875.00 Plus: Charges Record ROW to Capital Title of Texas___.__._ _ _.____ _ $28.00 Fees to Capital Title of Texas __..___ _______ _. ........................ __________ $750.00 Escrow to Capital Title of Texas-.------ .- .-- .-------------- -_ - - -- ------- - - - - -- — ____ -- .$750.00 Tax Certificate to United Tax Service, Inc --..-_ ........... ........... _____________ ..... __...... ...... - - -- $59.80 Guaranty Fee to Texas Title Insurance Guaranty Association _ .$2.00 E- Recording Fee to United eRecording ____$9.00 Title Insurance __ -- - -- $543.00 Single Issue - .$543.00 Total Charges ------- - - - - -- — ...... ......... ---------- - - - - -- -- -- - - - - -- - - - - -- $1,391.80 Gross Amount Due By Purchaser__._- _- _______ $54,266.80 Less: Credits Total Credits_._..- ._______ -____ $0.00 Balance Due by Purchaser X54 266.80 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 prorations 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 Seiler 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 B � By: t G e Giebelstein Name: .: o k n. C . -e Title: 1M e „ t n { Printed at 11/11/2013 (03:48 pm) Compliments of Capital Title of Texas, LLC - Southlake Boulevard Page 1 of 4 Electronically Recorded Tarrant County • Official Public Records 11/13/2013 4:01 PM D213293673 "1 1 PGS 4 $28.00 - ' �•�{- 8-� err �as c. ter. Capital Title Mary Louise Garcia Submitter: ERECORDING PARTNERS G F# 13-1642855 -595 NOTICE OF CONFIDIETIALTTY RIGHTS: IF YOU ARE ANY K PERSON, YOU MAY REMOVE OR• STRUO ANY OF THE FOLLOWING INPORMAITON 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 SOUT TAKE PERMANENT RIGKf..OP -WAY THE STATE OF TEXAS KNOW ALL BY THESE PRESENTS: COUNTY OF TARRANT - That WHITE CHAPEL VILLAGE CENTER PARTNERS, LP, 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 DOLLAR and other good and valuable consideration, paid by the CITY OF SOYTEC-AXE. a municipal corporation of Tarrant County, Texas (Grantee), receipt of which is hereby acknowledged, does hereby Bunt, bargain, sell and convey to said Grantee, its successors and are gr , a pennane t 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 ma;ntaining 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 m Tarrant County, Texas (the 'Property") being described as follows : • Parcel 25 —4,571 square feet (0.1049) TO HAVE AND TO HOLD that said conveyed Property unto the Grantee, for the purposes herein set forth, and Gratltorl ereby 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 the t2iday of fiCil , 2013. By: MARK DcRO snag of White Chapel Pillage Center Partners, LP STATE OF 0.44 COUNTY OF f A 69, _ Colo 4,4 Before me, THE UNDERSIGNED AUTHORITY, IN AND FOR THE State ofTeras, on this day personally ' known :to me to be the person whose name is_ it ARpi. D P.mst subscribed to the foregoing instrument aid 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 12 day of lWn�.be K , 2013. ��� MOLLY DIXON J' " . NOTARY PUBLIC NotaryPublicm f or the StateofTe:cn OctrAido STATE OF COLORADO My CommisstonExpues 111 "i1 ` NOTARY 1D 20134034377 1 " 3 MY COMMISSION EXPIRES MAY 31, 2017 • • • Capital Title GF# NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING 1NFORMAITON FROM THIS INSTRUMENT BEFORE IT LS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER, OR YOUR DRIVER'S LICENSE NUMBER. CITY OF SOUTHLAKE PERMANENT RIGHT -OF -WAY THE STATE OF TEXAS KNOW ALL BY THESE PRESENTS: COUNTY OF TARRANT That WHITE CHAPEL VILLAGE CENTER PARTNERS, LP, 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 DOLLAR 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 : Parcel 25 — 4,571 square feet (0.1049) 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 the ay of Aal , 2013. By: MARK DeRO , anag of White Chapel Village Center Partners, LP STATE OF TEXAS 00/04 COUNTY OF TARRAti- C41 Before me, THE UNDERSIGNED AUTHORITY, IN AND FOR THE State of Texas, on this day personally appeared , known to me to be the person whose name is * be 2es� subscribed to the foregoing instrument 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 12 day of kote , r , 2013. ' 1 NOTARY PUBL C Notary Public in any for the State of Te�cas Colo t- 4/�i STATE OF COLORADO 1119 My Commission Expires: 01 ` - i NOTARY ID 20134034377 MY COMMISSION EXPIRES MAY 31, 2017 EXHIBIT "A" • RIGHT -OF -WAY ACQUIS ITION 0.1049 ACRES /4, 571 SQ. FT PARCEL A PORTION OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT LARKIN H. CHIVERS SURVEY, ABSTRACT NO. .300 CITY OF SOUTHLAKE TARRANT COUNTY, TEXAS DESCRIPTION BEING o 0.1049 acre tract of land situated in the Larkin H. Chivers Survey, Abstract No. 300, in the City of Southloke, Tarrant County, Texas and being a portion of Lot 6, Block A- 80 of Peck Addition, an addition to the City of Southlake, Texas according to the plot thereof recorded in Volume 388- 137, Page 61 of the Plat Records of Tarront County, Texas, said Lot 6, Block A -80 being all of o called 1.887 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed os recorded in Instrument No. D205378677 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.), and being more particularly described by metes and bounds as follows: BEGINNING of o 5/8" iron rod with plastic cap stomped "PATE RPLS 5647" found for the southwest corner of said Lot 6, Block A -80, said iron rod being at the intersection of the east right —of —way line of N. White Chapel Boulevard (variable width right —of —way) and the north right —of —way line of E. Highland Street (variable width right —of —way); THENCE N 00'37'06" W (plot ti N 01'50' W), with the west line of said Lot 6, Block A -80 and said eost right — of—way line of N. White Chapel Boulevard, 73.68 feet to a 1/2" iron rod with plastic cop stamped "TX REG NO 100189 -00" set for corner, from whence a 5/8" iron rod with plastic cop stamped "PATE ENGR RPLS" found for the common northwest corner of said Lot 6. Block A -80 and the southwest corner of Lot 5, Block A -80 of said Peck Addition bears N 00'37'06" W (plat — N 01'50' W), 115.12 feet, soil Lot 5, Block A -80 being a portion of a called 4.190 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378678, D.R.T.C.T.; THENCE S 31'48'00" E, deporting the west line of said Lot 6, Block A -80 and said east right —of —way line of N. White Chopel Boulevard, 34.84 feet to a 1/2" iron rod with plastic cap stomped "TX REG NO 100189 -00" set for corner, sold iron rod being the beginning of a tongent curve to the left hoving o central angle of 50'50'18 ", o radius of 67.50 feet, o tangent length of 32.08 feet and a chord which bears S 57'13'09" E, 57.95 feet; THENCE, with said tangent curve to the left. on orc distance of 59.89 feet to o 1/2" iron rod with plastic cop stamped "TX REG NO 100189 -00" set for corner; THENCE S 82'38'18" E. 39.02 feet to o 1/2" iron rod with plastic cop stomped "TX REG NO 100189 -00" set for corner; 2\111) NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 1 OF 3 TBPE FIRM REG. NO. F -356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. N0. 100189 -00 OCTOBER 9, 2012 Two Pork Lone Place / 8080 Park Lane / Suite 600 08 -10 -076.3 Dallas, Texas 75231 / Ph. (214) 739 -4741 8076— P25.dwg EXHIBIT "A" RIGHT-OF-WAY ACQUISITION 0 1049 ACRES /4,571 SQ. FT. PARCEL A PORTION OF THE WHITE CHAPEL VWLL4GE CENTER PARTNERS LP TRACT LARKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS THENCE S 87'44`49" E. 248.49 feet to a 1/2" iron rod with plastic cop stomped "TX REG NO 100189 -00" set for corner; THENCE S 01'54'05" W, 5.29 feet to a 1/2" iron rod with plastic cop stomped "TX REG NO 100189 -00" set for corner in the south Tine of said Lot 6, Block A-80 and the aforementioned north right— of —woy line of E. Highlond Street, from whence o 1/2" iron rod found for the southeast corner of said Lot 6, Block A -80 bears S 88'48'18" E (plot w S 89'56'29" W), 82.91 feet; THENCE N 88'48'18" W (plat - S 89'56'29" W). with the south line of said Lot 6. Block A -80 and said north right —of —way line of E. Highlond Street, 353.19 feet to the POINT OF BEGINNING and containing 0.1049 ocres or 4,571 square feet of land, more or less. �. or wt L FOR THAN 1. MAIER CONSULTING ENGINEERS, INC. /IA 6 t . "'" s, ■ �. ! #1141111111‘14 a , '' C. R.P.L.S. No. 4268 "+ r 'egistered Professional Land Surveyor 1c. .a g p #4268 4 7• NOTES: Bearings for this survey are based on the Western Doto 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 o 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 -,\ D V TBPE FIRM REG. N0. F -356 REVISED: JANUARY 7, 2013 T BPLS FIRM REG. NO. 100189 -00 OCTOBER 9, 2012 Two Park Lone Place / 8080 Park Lone / Suite 600 Dallas, Texas 75231 / Ph. (214) 739 -4741 08 -10 -076.6 8076— P25.dwg EXHIBIT "A" , RIGHT- OF-WAY ACQUISI710N 0.1049 ACRES /4, 571 SQ. FT. PARCEL A PORTION OF THE WHITE' CHAPEL VILLAGE CENTER PARTNERS LP 1RACT L4RKIN H. CHIMERS SURVEY, ABSTRACT NO. 300 • CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS i . WHITE CHAPEL VILLAGE" CENTER PARTNERS LP 1NST, NO. 0204 537867 OCK 880 , D.R. TC. T. A BB REVIA 710/1 LEGEND PORTION OF CALLED 4.190 ACRES i � ., ,' D.R T C. T. DEED RE CORDS OF TA RRANT �/ P.R. ll \\ LO 81.5A3 L A - COUNTY, TEXAS �Il P %, , t , PECK T A C. 61, O.P. R. T C. T. OFFICIAL PUBLIC RECORDS OF 11 VOL 388-137, PC. 61, PR L C T TARRANT COUNTY, TEXAS a V � ` ® � T, c 7 I/2" CO PLAT IMITY, RECORDS TEXAS OF TARRANT N 4 " W/VOCT 1928 CAP CAB., SLIDE CABINET, SLIDE N O R T H 4 co0 CENTER PARTNERS LP 1V}1I CHAPEL T INST. NO. UNSTRUMENT NUMBER ).. " z LP vOL , PG VOLUME, PAGE SCALE.' 1 =100 c1 P y ` T NO. R02c 5378578 C.L. CENTERLINE a Z PORTION OF CALLED 4.190 ACRES R..0.W R SIT - -WAY LOT 5, BLOCK A -80 SQ Fr. SQUARE FEET PECK ADDITION IRE IRON ROD FOUND - Q1/2' AV VOL. 388 -137, PG. 61 IPF IRON PIPE FOUND P.R. T L~ T. IRS W /CAP IRON ROD SET WITH PLASTIC 5/8' 1RF CAP STAMPED - TX REC 110 LA E Dcw RPLS CAP 100189 -OD" . = 3 S 31 E I 0 38.84' , miter CITY Cr SOITHLAKf o 0 DO z R =6750' ANTE CHAPEL vILLACE CENTER PARTNERS LP I to go T. NO. D199076920 z ^ T 3208 D.R T.0 T .. r T=32.08' INST. . ND. 8677 INS S D.R.T.C. T, I 6 2 • ^ 0 a L=59.89' CALLED 1.887 ACRES CALLED 1.0 ACRES , - 0 (i O z r/7" Ats CB =S 5773'09' E- LOT 6, BLOCK A -80 1 Z 7, W/L ^4P CL=57.95 AD -134 DITION PC. 61 S 82'38'18 F P.R.T.CT. IRS 5/8' NPF CC-2' W/TNNAWAY: A CAP+.„� � / � � TW s vI •�' 24a49'11.2. "S 01. � W , 5/8" IRE '//" /J%/ ���ii . .o..... E ...,., .,... .,....,. 1 - SF 1W/PATE RAMS 5647 CAP N 8848'18' W 35319' '/2" IRS " - s 88'4a•r8" 5 I/2"Fr (PLATS 8956'29" W) 1/2 .1RF POINT or 0.1049 ACRES /��/ �p (PLAT S 8956:29" PO I —� (4571 SQ. FT.) E. HIGHLAND STREET (VARIABLE loDTT1 ROW.) W. HIGHLAND STREET $T ANPEO - (VARIABLE WIDTH P0. W) GIRAMAY ASSOCIATES 617- e40 -8535 may T/7 IW` } j W /AREA SLIRYEVIN6 CAP 1 "x' 11 H.W. COOK AND WC w 0 , JOHN A UADDEN AND DOROTHY M. COOK M1FE, HELEN L. MADDEN VOL. 5137, Pc 217 W p K1 ,+11�, `� e VOL 6521, T.C. T, 621 REMAINDER OF TRACT 2 JAMES No Or oo. � "�o �. 0 `o D.R. T•C. T. NS Z-.. 0 '" ti G• (LAST 1NLL AND TESTAMENT V y0 Q 9- OF JAMES CLIFFORD 14000) a 1:.454'5C 0 7.5 ® U UTILITY — \r.v 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 -0 OCTOBER 9, 2012 Two Park Lane Place / 8080 Park Lone / Suite 600 Dallas, Texas 75231 / Ph. (214) 739 -4741 OS -10 -076.6 8076- P25.dwg TEMPORARY CONSTRUCTION EASEMENT STATE OF TEXAS § COUNTY OF TARRANT § Being the owner of the herein - described property, the WHITE CHAPEL VILLAGE CENTER PARTNERS, LP ( "Owner") hereby grant to the City of Southlake, Texas (the "City"), and to the City's Contractors, a temporary construction easement through a portion of a tract of land conveyed for the purpose of constructing necessary roadway facilities. The temporary construction easement shall be of variable width and shall be east of, adjacent to and parallel to the Permanent Right -of -Way Line shown on Exhibit "A" attached hereto. It is understood that during construction the Contractors 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 become in contact with, or damage existing buildings or other permanent lot improvements. It is further understood that the Contractor shall be required by the City to restore all areas of the lot, relative to fencing, structures, and other improvements to pre- existing conditions, or better. During such restoration, the Contractor shall slope the surface of the temporary construction easement to provide a gradual transition between the roadway and the remainder of the Owner's property. This Temporary Construction Easement is subject to the following additional terms and conditions: a. The easement shall commence on the date the City issues a Notice to Proceed to the construction Contractor for the Highland St. to SH 114 for an initial term of twenty four (24) months. b. The easement shall terminate on the earlier to occur of (i) final acceptance by the City of the Contractors' work or (ii) the completion of the improvements on subject parcel(s). c. The City MAY extend this Temporary Construction Easement twice for twenty four (24) month increments in return for $6,875 paid by the City per twenty four month period to WHITE CHAPEL VILLAGE CENTER PARTNERS, LP, provided such payment is received before expiration of the prior term. Temporary Construction Easement, Permission and Access granted this 121, day of IN )* f , 2013. By: //7/711 DeR • E, Manager of, White Chapel Village Center Partners, LP Page 1 ACKNOWLEDGEMENT THE STATE OF TES Ca.latvth § COUNTY OF 4(q +net § C.L.J. BEFORE ME, the undersigned authority, in and for the State of T-exas, on this day personally appeared I t,w & deLi4 known to me, or proved to me through bet -e pr's Lice Asc. (describe the identity card or other document), to be the same person whose name is subscribed to the foregoing document and acknowledged to me that he executed the same for the purposes and consideration therein expressed and in the capacity stated therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE this ) Z. day of �JO.ew� fot , 2013. // NM _ ?1 _w OIX:sN otaryPu•. c, State ofTeeas C'a(,c.�,.10 NOT;:::' - PUBLIC STATE * COLORADO tol D I>CQt1 ii ,ti A A ./1 4./...4 SEAT, NOTARY ID 20134034377 Name votary Printed M Y C OMMISSION EXPIRES MAY 31, 2017 makl Al 1 2011 Notaok'l Commission Expires Page 2 EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.0896 ACRES/3,901 SQ. FT. PARCEL A PORTION OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT - LARKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS DESCRIPTION BEING o 0.0896 acre tract of lond situated in the Larkin H. Chivers Survey, Abstract No. 300, in the City of Southloke, Torrent County, Texas, and being a portion of Lot 6, Block A— • 80 of Peck Addition, on addition to the City of Southloke, Texas according to the plot thereof recorded in Volume 388- 137, Page 61 of the Plot Records of Tarrant County, Texas, said Lot 6, Block A -80 being all of o called 1.887 acre tract conveyed to White Chopel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378677 of the Deed Records of Torrent County, Texas (D.R.T.C.T.), and being more particularly described by metes and bounds as follows: COMMENCING at o 5/8" iron rod with plastic cop stomped "PATE RPLS 5647" found for the southwest corner of the aforementioned Lot 6, Block A -80, said corner being at the intersection of the east right—of—way line of N. White Chapel Boulevard (variable width right —of —way) and the north right —of —way line of E. Highlond Street (variable width right —of —way); THENCE N 00'37'06" W (plat —N 01'50' W), with said east right — of —way line of N. White Chapel Boulevard and the west line of sold Lot 6, Block A -80, 73.68 feet to a 1/2" iron rod with plastic cop stomped "TX REG NO 100189 -00" set for corner at the POINT OF BEGINNING; THENCE N 00'37'06" W (plot —N 01'50' W), continuing with soid east right —of —way line of N. White Chapel Boulevard and the west line of said Lot 6, Block A -80, 50.27 feet, from whence a 5/8" iron rod with plostic cop stomped "PATE ENGR RPLS" found for the common northwest corner of said Lot 6, Block A- 80 and the southwest corner of Lot 5, Block A -80 of said Peck Addition bears N 00'37'06" W (plot —N 01'50' W), 64.85 feet, said Lot 5, Block A -80 being a portion of o called 4.190 acre tract conveyed to White Chopel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378678, D.R.T.C.T.; THENCE 5 31'48'00" E, departing said east right —of —way line of N. White Chapel Boulevard and the west line of said Lot 6, Block A -80, 99.73 feet; THENCE S 76'56'43" E, 87.26 feet; THENCE S 00'54'55" W, 13.01 feet; THENCE N 87'44'49" W, 31.05 feet to a 1/2" iron rod with plastic cop stamped "TX REG NO 100189 -00" set for corner; NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 1 OF 4 TBPE FIRM REG. NO. F -356 REVISED; JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189 -00 OCTOBER 29, 2012 Two Pork Lone Place / 8080 Pork Lane / Suite 600 08 -10 -076.8 Dallas, Texas 75231 / Ph. (214) 739 -4741 8076— P25— TCE1.dwg EXHIBIT "A" 7FMPORARY CONSTRUCTION EASEMENT 0.0896 ACRES/4901 SQ. FT. PARCEL A PORTION OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT - LARKIN H. CH/VERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS THENCE N 82'38'18" W, 39.02 feet to a 1/2" iron rod with plastic cop stomped "TX REG NO 100189 -00" set tor corner at the beginning of o tangent curve to the right having a central angle of 50'50'18 ", a radius of 67.50 feet, a tangent length of 32.08 feet and a chord which bears N 57'13'09" W, 57.95 feet; THENCE, with said tangent curve to the right, an arc distance of 59.89 feet to a 1/2" iron rod with plastic cop stamped "TX REG NO 100189 -00" set for corner; THENCE N 31'48'00" W, 34.84 feet to the POINT OF BEGINNING ond containing 0.0896 acres or 3,901 squore feet of lond. more or Tess_ a Fs' AT AN D. MAIER CONSULTING ENGINEERS, INC. g` lr 41.• p � s ti p , f9 ,, a 'hn L. Melton, R.P.L.S. No. 4268 < JOHN L. MELTON • Registered Professional Land Surveyor NZI 4, i n o . d 4 NOTES: Beorings tor this survey are based on the Western Dato Systems Texas Cooperotive Network and ore referenced to NAD83 State Plane Coordinate System, Texas North Central Zone 4202. Stations DMLN —g and DML2 —g0811 were utilized os base stations during GPS dato 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 hos not been advised of or is aware of. No additionol research for easements was performed by Nathan D. Maier Consulting Engineers, Inc. in the preparation of this survey. NATHAN O. MAIER CONSULTING ENGINEERS, INC. PAGE 2 OF 4 TBPE FIRM REG. NO. F -356 REVISED JANUARY 7, 2013 TBPLS FIRM REG. N0. 100189 -00 OCTOBER 29, 2012 Two Park Lone Place / 8080 Pork Lone / Suite 600 Dallas, Texas 75231 / Ph. (214) 739 -4741 08 -10 -076.6 8076— P25— TCE1.dwg EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.0896 ACRES/3,901 SQ. FT. PARCEL A POR77ON OF THE WHITE CH EL PILLAGE CENTER PARTNERS LP TRACT LARKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS rir 1 /2'6w. 'r WHITE CHAPEL muck" CENTER PARTNERS LP INST. NO. 0205378678 D.R. i,•"1.,,,,,,!,! t T.C. T. &\ PORTION OF CALLED 4.190 ACRES 11� 1�� b LOT 4, BLOCK A-BD I 1 ; PECK 40014014 VOL. 388-137, PG 61 - O ti P,R.T.G.T fVORTF -I COQ wj'/T196CAP SCALE: 1 " =100' ��e2 0 8IHflr CHAPEL 'cum CENTER PARTNERS LP OINST. NO. 0205378678 y D.R.T.CT. 2 PORTION OF CALLED 4.190 ACRES LOT 5, BLOCK A -80 1_ Try PECK ADDITION 0 VOL. 388 -137, PG. 61 ` o r/2" tl1F P.R. T.C. T .y i CITY OF SOUTHLAKE o 3 ^- --5/8 - traT 1N5T. NA D19907E920 � _ W/PA7E ENGR RPLS CAP . h 11967 CHAPEL HLLAGE CENTER PARTNERS LP O.R. T. C T. ° m INST. Na D205378677, D.R. T.C.T. ti ` CALLED 1.0 ACRES Z & CALLED 1.887 ACRES e ADDITION ' (,T-N g7 sD 1 w 4 . 2 S 31'48'00" E LO voL 6 as - 131 - pc c1 P.R. 7 N 00 '3706 W 99.73' ec.... 0.0896 ACRES � G �%. (3,901 SQ FT. FOR EASEMENT NE ti 1/2 Hos w/CAPi S 7656'43" E AND CURVE TABLES —I 8Z26' i= W/DLNAW4 & ASSOC - 0 C2,�, - :„.. /, S 0054'55" W--13.01' k, 1/2' WF a POINT OF� ,n- me- COMMENCING L3 L2 E. HIGHLAND STREET 5/8" MF W/PAIE RPLS 5667 CAP (VARIABLE IS90TH R.O.W.) — -- • • ' ~ "� - 1/7 Ate' JOHN A. MADDEN AND H.W. COOK AND 147 CAP W. HIGHLAND STREET s AraM r>Fv " owl: , �' W/ AREA E G WIFE, HELEN L. MADDEN DOROTHY AL COOK (VARIABLE WI07H R.O.W.) GRAHAM ASSUCrA7E$ I VOL. 6511, PG 621 VOL. 5137, PG 217 617 - 640 - 85.75` D.R. T, C T D.R. T.0 T. REMAINDER OF TRACT 2 Q FIRST ASSEMBLY OF GOD CHURCH, VOL. 4999, PC. TEXAS ABBREWATION LEGEND m D.R. T.0 T. REUAWDER OF CALLED I D.R.T.CT DEED RECORDS OF TARRANT 2.07 ACRE A ND TRACT I O.P.R. T.C.T. OFFCIAL PUBLIC RECORDS OF JAMES CLIFFORD 2000, JR W SOLITHLAKE ASSEMBLY OF GOD 7ARRANT COUNTY, TEXAS • 7NST. NO. D197212230 VOL. 7597, PC. 724 P.R. I, 70 7 PLAT RECORDS OF TARRANT D.R.T.C.T, Qp D.R.LCT / { COUNTY, TEXAS (LAST IaLL AND TESTAMENT REMAINDER OF CALLED CAB„ SUITE CABINET, SLIDE OF JAWS CLIFFORD WOOD) V 10.011 ACRE TRACT y I 1NST. NO. INSTRUMENT NUMBER q LOT 1R1. m.orK 1 4 1 — — — • — — ' — — • — —' ' SOUTHLAKE ASSEMBLY OF , fSetT. (45(140147 GOD ADDITION f R.O. RIGIT -p6 WAY 1""..` INST. NO 0210748766 j I SO, FT. SQUARE FEET tM 0P.R.T.C.7. IRE cN ROD FOUL In # IPF IRON PIPE FOUND IRS W /CAP 1RON ROD SET 149TH PLASTIC CAP STAMPED 'TX REG NO 100789 -00' • 1 PAGE 3 OF 4 NATHAN D. MAIER CONSULTING ENGINEERS, INC. TRIPE FIRM REG. NO. F -356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189 -00 OCTOBER 29, 2012 Two Park Lane Place / 8080 Park Lane / Suite 600 08 -10 -076.8 Dallas, Texas 75231 / Ph. (214) 739 -4741 8076- P25- TCE1.dwg EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.0896 ACRES/3,901 SQ. FT. PARCEL A POR77ON OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT - LARKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOU7NLAKE, TARRANT COUNTY, TEXAS ■ EASEMENT LINE TABLE NO. BEARING DISTANCE PLAT BEARING L 1 N 00'37'06" W 73.68' N 01'50' W L2 N 874449" W 31.05' - - -- L3 N 8238'18" W 39.02' - - -- �L4 N 3148'00" W 34.84' - - -- J ' EASEMENT CURVE TABLE NO. DATA CV1 d =50 '50'18" R= 67.50' T =32.08' L= 59.89' CB =N 57'13'09" W ` CL =57.95' ■ D V NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 4 OF 4 TBPE FIRM REG. NO. ' F -356 REVISED; JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189 -00 OCTOBER 29, 2012 Two Park Lane Place / 8080 Park Lone / Suite 600 Dallas, Texas 75231 / Ph. (214) 739 - 4741 08 - 10 - 076.B 8076— P25— TCEl.dwg TEMPORARY CONSTRUCTION EASEMENT STATE OF TEXAS § COUNTY OF TARRANT § Being the owner of the herein- described property, the WRITE CHAPEL VILLAGE CENTER PARTNERS, LP ( "Owner") hereby grant to the City of Southlake, Texas (the "City "), and to the City's Contractors, a temporary construction easement through a portion of a tract of land conveyed for the purpose of constructing necessary roadway facilities. The temporary construction easement shall be of variable width and shall be east of, adjacent to and parallel to the Permanent Right -of -Way Line shown on Exhibit "A" attached hereto. It is understood that during construction the Contractors 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 become in contact with, or damage existing buildings or other permanent lot improvements. It is further understood that the Contractor shall be required by the City to restore all areas of the lot, relative to fencing, structures, and other improvements to pre - existing conditions, or better. During such restoration, the Contractor shall slope the surface of the temporary construction easement to provide a gradual transition between the roadway and the remainder of the Owner's property. This Temporary Construction Easement is subject to the following additional terms and conditions: a. The easement shall commence on the date the City issues a Notice to Proceed to the construction Contractor for the Highland St. to SH 114 for an initial term of twenty four (24) months. b. The easement shall terminate on the earlier to occur of (i) final acceptance by the City of the Contractors' work or (ii) the completion of the improvements on subject parcel(s). c. The City MAY extend this Temporary Construction Easement twice for twenty four (24) month increments in return for $2,750 paid by the City per twenty four month period to WHITE CHAPEL VILLAGE CENTER PARTNERS, LP, provided such payment is received before expiration of the prior term. Temporary Construction Easement, Permission and Access granted this (216 day of AoVer..9r , 2013. By: / 7 / 4 /2/ V-1/4 MARK DeROSE, Manager of, White Chapel Village Center Partners, LP Page 1 ACKNOWLEDGEMENT THE STATE OF CCJccrt4c , § COUNTY OF l'IsER 1 4 - rA r 4 § C•!OiW h BEFORE ME, the undersigned authority, in and for the State of ''txas, on this day personally appeared I 6e4 6e4 known to me, or proved to me through Dr t.c r , L < cc.r . (describe the identity card or other document), to be the same person whose name is subscribed to the foregoing document and acknowledged to me that he executed the same for the purposes and consideration therein expressed and in the capacity stated therein. GNEN UNDER MY HAND AND SEAL OF OFFICE this IZ day of /I) st,Qc.r, 2013. A) /• _.....,---- .._._.._ Notary Publ , State of—T-exasC fV1r?t Y DiXON N PUBLIC fYlpl [ lzbn STATE OF COLORADO SEAL NOTARY ID 20134034377 Name of tart' Printed MY COMMISSION EXPIRES MAY 31, 2017 11 31 l 2 Ni Notary's Commission Expires Page 2 EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.0358 ACRES /1,581 SQ. FT. PARCEL A POR7OON OF THE WHITE CHAPEL VILL4GE CENTER PARTNERS LP TRACT LARKIN H. CHIVERS SURVEY, ABSTRACT Na 300 CITY OF SOUTHLAKE TARRANT COUNTY, TEXAS DESCRIPTION BEING o 0.0358 acre tract of land situated in the Larkin H. Chivers Survey. Abstract No. 300, in the City of Southloke, Torront County, Texos,ond being o portion of Lot 4, Block A- 80 of Peck Addition, on addition to the City of Southloke, Texas according to the plot thereof recorded in Volume 388- 137, Page 61 of the Plot Records of Tarrant County, Texas (P.R.T.C.T.), said Lot 4. Block A -80 being a portion of o colled 4.190 ocre tract conveyed to White Chopel Villoge Center Partners LP according to the General Warranty Deed as recorded in Instrument No. 0205378678 of the Deed Records of Torront County, Texas ( D.R.T.C.T.), and being more particularly described by metes and bounds as follows: COMMENCING at a 5/8" iron rod with plostic cap stomped "PATE ENGR RPLS' found in the east right —of —way line of N. White Chapel Boulevard (variable width right —of —way) for the common southwest corner of Lot 5, Block A -80 of the aforementioned Peck Addition, said Lot 5, Block A -80 being a portion of the aforementioned called 4.190 acre tract conveyed to White Chapel Villoge Center Partners LP, and the northwest corner of Lot 6, Block A -80 of soil Peck Addition, said Lot 6, Block A -80 being all of a called 1.887 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. 0205378677, D.R.T.C.T.; THENCE N 00'37'06" W (plat —N 01'50' W), with said east right — of —way line of N. White Chapel Boulevard and the west line of said Lot 5, Block A -80, 135.42 feet (plot- 135.60 feet) to the common northwest corner of said Lot 5, Block A -80 and the southwest corner of Lot 4, Block A -80 of said Peck Addition, soid Lot 4, Block A -80 being a portion of the aforementioned colled 4.190 ocre tract conveyed to White Chapel Villoge Center Partners LP, said common corner being the POINT OF BEGINNING; THENCE N 00'37'06" W (plat —N 01'50' w), continuing with said east right — of—way line of N. White Chapel Boulevord and with the west line of said Lot 4, Block A -80, 95.04 feet (plot - 94.91 feet) to a 1/2" iron rod found the common northwest corner of said Lot 4, Block A -80 and the southwest corner of Lot 2 —R, Block A -80 of Lot 2 —R, Block A -80, Peck Addition, an addition to the City of Southloke, Texas according to the plot thereof recorded in Volume 388 -178, Page 50, P.R.T.C.T., sold Lot 2 —R, Block A -80 being a portion of said called 4.190 acre troct conveyed to White Chapel Villoge Center Partners LP; NATHAN D. MAZER CONSULTING ENGINEERS, INC. PAGE 1 OF 3 -.\ D V TBPE FIRM REG. N0. F -356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 1 001 89 -00 OCTOBER 25, 2012 Two Pork Lone Place / 8080 Pork Lone / Suite 600 08 -10 -075.8 Dallas, Texas 75231 / Ph. (214) 739 -4741 8076— P30— TCE2.dwg EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.0358 ACRES/1,561 SQ. FT. PARCEL A PORTION OF THE WHITE CHIPS- VILLAGE CENTER PARTNERS LP TRACT LARKIN H. CH /VERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS THENCE S 88'50'19" E (plot —S 89'56'29" W), departing said east right —of —way line of N. White Chapel Boulevard and with the common north line of said Lot 4, Block A -80 and the south line of said Lot 2 —R, Block A -80, 21.93 feet to the beginning of a non — tongent curve to the right having a centrol angle of 04'59'48 ", a rodius of 1095.00 feet, o tongent length of 47.78 feet and a chord which bears S 06'49'49" W, 95.46 feet; THENCE, departing the common north line of said Lot 4, Block A-80 and the south line of said Lot 2 —R, Block A -80 and with said non — tangent curve to the right, an arc distance of 95.50 feet to the common south line of soid Lot 4, Block A- 80 and the north line of the aforementioned Lot 5, Block A- 80; THENCE N 88'50'21" W (plot —S 89'56'29" W), with the common south line of said Lot 4, Block A -80 and the north line ofk said Lot 5, Block A -80, passing at 9.17 feet a found 1/2" iron rod with plastic cop stomped "VOGT 1928 ", and continuing a total distance of 9.55 feet to the POINT OF BEGINNING and containing 0.0358 acres or 1,561 square feet of lond, more or less. FOR NATHAN D. MAIER CONSULTING ENGINEERS, !NC- �ik G '# ;� JOHN L. MELTON >j L. Melton, R.P.L.S. No. 4268 "egistered Professionol Land Surveyor '8 #4268 � +bESSt�. . .4, NOTES: Bearings for this survey ore based on the Western Dot° 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 o title commitment and may be subject to liens, encumbrances, easements, rights —of —way, restrictions, covenants, reservations or other conditions of record which the undersigned hos not been advised of or is owore of. No additional research for easements was performed by Nothon D. Maier Consulting Engineers, Inc. in the preporotion of this survey. NATHAN O. MAIER CONSULTING ENGINEERS, INC. PAGE 2 OF 3 ,„,\ ID V TBPE FIRM REG. N0. F -356 REVISED: JANUARY 7, 2D13 TBPLS FIRM REG. N0. 100189 -00 OCTOBER 25, 2012 Two Pork Lane Place / 8080 Pork Lone / Suite 600 08- 10 -076.B Dollar, Texas 75231 / Ph. (214) 739 -4741 8076— P30— TCE2.dwg EXHIBIT "A TEMPORARY CONSTRUCTION EASEMENT 0.0358 ACRES /1,561 SQ. FT. PARCEL A POR77ON OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT LARKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS 1I Lor 73 -R2 LOT 13 -R1 1 a1 R ABBREV7A 170N LEGEND I :': 1 — — J — 1 ' 1 ,,,,,....1 3 D.R. T. T DEED RECORDS OF TARRANT 24' PRIVATE STREET (,i,- MON ACCESS, ih ' COUNTY TEXAS . � O.P.R. T.C. T. OFfTLYAL PUBLIC RECORDS 01c UT1L., ORO:, EMERGENC ACCESS £SMT.) j - i dp 14457E CHAPEL 6LLAGE TARRANT COUNTY, TEXAS .t" r — — — \ \ _ ^ c CENTER PARTNERS LP P.R. EC. T. PLAT RECORDS OF TARRANT 1 L _ _ -,- — — — N x F? . w `. TNST. NO 0205293665 COUNTY, TEXAS — i- CONC. Q O D.R 1(1 T. CAB SLIDE CABINET, SLIDE 2 CALLED 2831 ACRES RNET. NO. IIYSTRUAIENT NUMBER 15 S.S. ESMT (31.f.; LOT 1, BLOCK A PG CENTEITLNtE Lo 24' PRIVATE STREET (C1 MON ACCESS / `t ADDITION MIT. EASEMENT VOL. 388 -137 PC. 61 PL., DRG, EMERGENC ACCESS ESMJ y _ P,R T. C T. R o' W. RIGHT-OF-WAY • .� SQ FT. SQUARE FEET LOTS 13R -7, 73R -2, 13R -3 IPF IRON FOUND 13R - AND 138-5, IRS W /CAP IRCAV ROD SET WTH PLASTIC T.M. HOOD SLID ADDITION CAR A, SLIDE 10509 STAMPED "1X REG NO P.R. T.c. T. 100189-00 - LOT 13 -R4 LOT 13 -R5 t ,• Ile O 5' UTILITY ESMT 1/2" (. 1 /1-WF Si(IRVE 1 WHITE CHAPEL 49LLAGE CENTER PARTNERS LP (B` "') X04"59'48' INST. p . R 0 T 78678 RuCcK TRUSTEES AND 2ENA or THE R =1095.00, PORTION of CALLED 4.190 ACRES KU M W. AND 2ENA T= 47.78' LOT 2 -R BLOCK A -80 ROCKER FAMILY TRUST, LOT 2 -R, BLOCK A -80. PECK ADDITION DATED: NOVEMBER 19, 1996 ' IRX. 388 -178, PG 50 0 1° 4 1 VOL. 12591. PG 2263 1 � P.R. T,CT. Z � 0 0° 0 1 11 D.R.T,CT, CB=S 0649'49* W 90 1E� E C ALLED (1495 ACRES , 0.- ko a t 0,:c.5 o , //2' Cx =95:46 cfc 51. 0- I. • S 8156'29' w) , 0-01' 1 �_ S 8 PLAT 8 '5019 0.41.93 G t/ IRE 0.0358 ACRES WHITE CHAPEL IIUAGE CENTER PARTNERS LP 01561 SQ FT) (NST NQ 0205378678 PL N AT - OT W-94.90 �f � `' l ' PQ47TDN of CALLED 8 4 4.190 ACRES N f '37'06 10% I V LOT 4, BLOCK A -80 /� [- ECK ADDITION BARRY M. met AND PANT O 1I VOL . 388-737, P. R.T C. PG. 61 TONYA B. McCOY BEGINNING o. (PLAT -S 8962g," • MST. NQ D202000068 to N N 88'50 21 V W D.R.T.C.T. ' *war CHAPEL MLLACE CENTER PARTNERS LP t 9 INST NO. 0205.378678 1RP D.R. T.C.T. s/vocT 1928 CAP PORTION OF CALLED 4,190 ACRES o LOT 5, BLOCK A -80 PECK ADDITION _ ? g VO.. 388 -137, PG 61 r. 45 1/2 - IRE 1/2 1RF a F.R. T.C. L �� PD/NT DE , , + 1 COMMENCING WHITE CHAPEL WLLAGE CENTER PARTNERS LP Argill ��1� k MY OF SOU7HL6KE 5/e 1ST INST. No. 0205378677 5457. NO. 0199076920 w A1[ OCR FR45 CAP D.R. T.0 T. j D.R. T.0 T. CALLED 1.0 ACRES 1 CALLED 1.887 ACRES LOT 6, BLOCK A -80 N C) R T H 1 VOL. 137 Pc 61 SCALE :: 1 ° =100' P.R. rc. r. ) 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 Lone Place / 8080 Pork Lone / Suite 600 08 -10 -076.8 Dallas, Texas 75231 / Ph. (214) 739 -4741 p V,,w,..■.,wwww, I 8076- P3O- TCE2.dwg TEMPORARY CONSTRUCTION EASEMENT STATE OF TEXAS § COUNTY OF TARRANT § Being the owner of the herein - described property, the WHITE CHAPEL VILLAGE CENTER PARTNERS, LP ( "Owner ") hereby grant to the City of Southlake, Texas (the "City"), and to the City's Contractors, a temporary construction easement through a portion of a tract of land conveyed for the purpose of constructing necessary roadway facilities. The temporary construction easement shall be of variable width and shall be east of, adjacent to and parallel to the Permanent Right -of -Way Line shown on Exhibit "A" attached hereto. It is understood that during construction the Contractors 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 become in contact with, or damage existing buildings or other permanent lot improvements. It is further understood that the Contractor shall he required by the City to restore all areas of the lot, relative to fencing, structures, and other improvements to pre - existing conditions, or better. During such restoration, the Contractor shall slope the surface of the temporary construction easement to provide a gradual transition between the roadway and the remainder of the Owner's property. This Temporary Construction Easement is subject to the following additional terms and conditions: a. The easement shall commence on the date the City issues a Notice to Proceed to the construction Contractor for the Highland St. to SH 114 for an initial term of twenty four (24) months. b. The easement shall terminate on the earlier to occur of (i) final acceptance by the City of the Contractors' work or (ii) the completion of the improvements on subject parcel(s). c. The City MAY extend this Temporary Construction Easement twice for twenty four (24) month increments in return for $7,825 paid by the City per twenty four month period to WHITE CHAPEL VILLAGE CENTER PARTNERS, LP, provided such payment is received before expiration of the prior term. Temporary Construction Easement, Permission and Access granted this 12 day of itha , 2013. By: All/// • ' DeROS , Man : ger of, White Chapel Village Center Partners, LP Page 1 ACKNOWLEDGEMENT THE STATE OF S d aR.1et § COUNTY OF TARRANT 1 4( 1 1 441 tt § BEFOFT ME the undersigned authority, in and for the State of Pexas, on this day personally appeared kn own to me, or proved to me through »r oe ms's Lk. to (describe the identity card or other document), to be the same person whose name is subscribed to the foregoing document and acknowledged to me that he executed the same for the purposes and consideration therein expressed and in the capacity stated therein. GIVEN UNDER MY HAND AND SEAL OF OFFICE this 12 day of t)04 w 2013. £.• n _. M()L a xC,)N Notary Publ , Stat:TofTcxas Ce�ogc� NC ;-;Y PUBLIC I STATE OF COLORADO 11OIk D1W(\ SEAL NOTARY ID 20134034377 Name g f �lotary Printed MY COMMISSION EXPIRES MAY 31, 2017 Not t � � for Commission Expires Page 2 EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.1018 ACRES /4 436 SQ. FT PARCEL A PORTION OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT - LARKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE TARRANT COUNTY, TEXAS DESCRIPTION BEING a 0.1018 acre tract of land situoted in the Larkin H. Chivers Survey, Abstract No. 300, in the City of Southloke, Tarrant County, Texas, and being a portion of Lot 2 —R, Block A -80 of Lot 2 —R, Block A -80, Peck Addition, on addition to the City of Southloke, Texos according to the plot thereof recorded in Volume 388 -178, Page 50 of the Plot Records of Tarrant County, Texos (P.R.T.C.T.), soid Lot 2 —R, Block A -80 being a portion of o coiled 4.190 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed os recorded in Instrument No. D205378678 of the Deed Records of Torront County, Texos ( D.R.T.C.T.), and being more particularly described by metes and bounds os follows: COMMENCING at o 5/8" iron rod with plastic cop stomped "PATE ENGR RPLS" found in the east right —of —way line of N. White Chapel Boulevard (variable width right —of —way) for the common southwest corner of Lot 5, Block A -80 of Peck Addition, an addition to the City of Southloke, Texos occording to the plot thereof recorded in Volume 388 -137, Page 61, P.R.T.C.T., said Lot 5, Block A -80 being o portion of the aforementioned called 4.190 acre tract conveyed to White Chapel Village Center Partners LP, and the northwest corner of Lot 6, Block A -80 of sold Peck Addition, said Lot 6, Block A -80 being all of o called 1.887 ocre tract conveyed to White Chapel Village Center Partners LP occording to the General Warranty Deed as recorded in Instrument No. D205378677, D.R.T.C.T.; THENCE N 00'37'06" W (plot —N 01'50' W), with said east right — of—woy line of N. White Chapel Boulevard and the west line of said Lot 5, Block A -80, passing at 135.42 feet the common northwest corner of said Lot 5, Block A-80 and the southwest corner of Lot 4, Block A -80 of sold Peck Addition, said Lot 4, Block A -80 being o portion of said coiled 4.190 ocre tract conveyed to White Chapel Village Center Partners LP, from whence o found 1/2" iron rod with plastic cop stomped "VOGT 1928" bears S 88'50'21" E, 0.38 feet, and continuing with said east right—of—way line of N. White Chapel Boulevard and the west line of said Lot 4, Block A -80 o total distance of 230.46 feet to a 1/2" iron rod found for the common northwest corner of said Lot 4, Block A - 80 and the southwest corner of the aforementioned Lot 2 —R, Block A- 80, sold common corner being the POINT OF BEGINNING; THENCE N 00'37'06" W (plot —N 01'50' W), continuing with said east right — of — way line of N. White Chapel Boulevard and with the west line of said Lot 2 —R, Block A -80, 190.20 feet (plat - 190.09 feet) to the common northwest corner of said Lot 2 —R, Block A -80 and the southwest corner of Lot 1, Block A -80 of the aforementioned Peck Addition recorded in Volume 388 -137, Page 61, P.R.T.C.T., said Lot 1, Block A -80 being all of o called 2.831 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. 0205293665, D.R.T.C.T., from whence a found 1/2" iron rod bears S 42'25'55" W. 1.01 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 29, 2012 Two Pork Lane Place / 8080 Pork Lane / Suite 600 Dollos, Texas 75231 / Ph. (214) 739 -4741 08 -10 -076.8 2\11 V 8076— P30— TCE3.dwg EXHIBIT "A" TEMPORARY CONSTRUCTION EASEMENT 0.1018 ACRES /4, 436 SO. FT PARCEL A PORTION OF THE WHITE CHAPEL VILLAGE CENTER PARTNERS LP TRACT L4RKIN H. CHIVERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE, TARRANT COUNTY, TEXAS THENCE S 88'50'15" E (plat —N 89'56'29" E), deporting said east right —of —way line of N. White Chapel Boulevard and with the common north line of said Lot 2 —R, Block A -80 and the south line of said Lot 1, Block A -80, 24.01 feet; THENCE S 00'37'06" E, deporting the common north line of said Lot 2 —R, Block A -80 and the south line of said Lot 1, Block A -80, 95.65 feet to the beginning of o tangent curve to the right having a central ongle of 04'57'21 ", o radius of 1093.00 feet, o tangent of 47.30 feet and o chord which bears S 01'51'35" W, 94.51 feet; THENCE, with said tangent curve to the right, an arc distance of 94.54 feet to the common south line of said Lot 2 —R, Block A -80 and the north line of the aforementioned Lot 4, Block A -80; THENCE N 88'50'19" W (plat —S 89'56'29" W), with the common south line of soid Lot 2 —R, Block A -80 and the north line of said Lot 4, Block A -80, 19.92 feet the POINT OF BEGINNING and containing 0.1018 acres or 4,436 square feet of land, more or less. OF FOR NATHA D. MAIER CONSULTING ENGINEERS, INC. A g, S � fi #04- Jo."' - e l t o R.P.L.S. No. 4268 JO" , L. ''ELTON - egistered Professional Land Surveyor 9 #4268 Q:Q• sa . u , NOTES: ♦_�`.: %'' Bearings tor this survey are bored on the Western Data Systems Texas Cooperative Network and are referenced to NA083 State Plane Coordinate System, Texas North Central Zone 4202. Stations DMLN —g and DML2 —g0811 were utilized os base stations during GPS data collection sessions. This survey was performed without the benefit of o title commitment and may be subject to liens, encumbrances, easements, rights —of —way, restrictions, covenants, reservotions or other conditions of record which the undersigned hos 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. ..\D V NATHAN D. MAIER CONSULTING ENGINEERS, INC. PAGE 2 OF 3 TBPE FIRM REG. N0. F -356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189 -00 OCTOBER 29, 2072 Two Park Lane Place / 8080 Park Lone / Suite 600 08 -10 -076.8 Dallas, Texas 75231 / Ph. (214) 739 -4741 8076— P30— TCE3.dwg EXHIBIT 'A" TEMPORARY CONSTRUC77ON EASEMENT 0.1018 ACRES/4,4.56 SQ. F1 PARCEL A PORTION OF THE WHITE CHAPEL I4LLAGE CENTER PARTNERS LP TRACT LARK/N H. CHI VERS SURVEY, ABSTRACT NO. 300 CITY OF SOUTHLAKE TARRANT COUNTY, TEXAS LOT 13 -R2 LOT 73-87 p S LOTS 138 -1, 13R -2 138 -3. 6.1 ABBREVIATION LEGEND .1 t3R -4 AND 13R -5, D.R.T.C,T. DECO RECORDS O< TARRANT TM, HOOD /706 ADDITON Ln COUNTY, TEXAS CA& A, SLIDE 10509 w 3 \ P.R. T.0 7: (41 v o PM CHAPEL VILLAGE O.P.R. T.C. T. OFFICIAL PUBLIC RECORDS OF •-•.. �� CENTER PARTNERS LP TARRANT COUNTY, TEXAS p4' PRIVATE STREET (COMMON ACCESS, n vii a INST. NO 0205293665 P.R. T. T. PLAT RECORDS OF TARRANT UTTL., ORG., EMERGENCY ACCESS ESMT.)\ QD D.R.T.CT COUNTY TEXAS ^ I ``��►► s CALLED Z 831 ACRES CAB., SLIDE CABINET. SLIDE 388 -137, PG 61 ESMAOD ' 1 , ` L 'X' FND. IN NUMBER VOL, OL, PC. VOLUME, PAGE L — — 1 — — — 7 — — -i — — — m CDT f, BtocITJEW C.L. CENTERLINE 5' W.L. -5.'.AF. { q PECK ADDITION 1- �-+� = t - - .. --=-= -� �- 8'' I - � i t VOL. T. EASEMENT 15' S . S ESA/T I P.R.T.CT R.O.W RICHT - -OF -WAY �� � �"�++�� SG FT. SOUARE FEET 24' PRIVATE STREET (CARLON ACCESS, / S IRF IRON ROO FOUND TIL., DRG., EMERGENCY ACCESS ESMIL s IPF IRON PIPE FOUND / !RS W /CAP PLASTIC CAP STAMPED IX REG NO LOT 13 -95 100189 -00' LOT 73 -R4 'LA 88'5015 El S E FROM COMMON K W - - Or LOT 2-9 & S.M.' CORNER 24.01' OF LOT I..4 1/2 IRF HEARS 5 42'25'55' W, 1.01' 5' UTILITY ESMT. O ` S 00'37'06" E VI" NW 1/2• N 95.65 ' 14400 CHAPEL VILLAGE CENTER PARTNERS LP (MENU o(Q INST. Na. 0205378678 NYLLIAM 1 RUCKER AND 2ENA 0, / 1018 ACRES T PORTION OF CALLED 4.190 ACRES RUCKER, TRUSTEES OF THE i � S 4,436 so. F7-.) R W. AND &NA A=0457'21" LOT 2- R. AA -80 PECK ADDITION LOT BLOCK 0. . RUCK FAMILY TRUST DATED: NOVEMBER 19. 1996 .� / R =1093.00' VO 388-178, PG 50 qt 3 6 3 VOL 12591, PG. 2263 0 11 1 *' 3.R..T.CT. 2` T=47.30' �� f _ A 1 CALLED 0.495 ACRES ' L=94.54' 0r. „; L =94 or-.0. ¢ s C- des 1,07- o CB =S 01'51'35" W 140. v� F ° ►o ' ' r• z A a=94.51' E � T µL 1/2 ,RF O (PLAT -S 8962 W WHITE CHAPEL VILLAGE CENTER PARTNERS LP POINT OF N 8850 19 W INST. N0. D205378678 D.R. T.0 T. BEGIN 19.92' PORTON OF CALLED 4.190 ACRES TIT " a LOT 4, BLOCK A -80 r PECK ADDITION N VOL. 388 -137, PG. 61 BARRY AL MCCOY ° n q P.R T.C. T. TONYA 8. McCOY o 3 -W t7 ivoc 1928 CAP - INST. N0. 0202000068 HEARS S 07Y 7 238' O.k T.C.T. 2 g w1I16 CHAL VRIACE CENTER PARTNERS LP 71152. 110 0205378678 Qi ,...LL. . D.R. T, C L °o a PORIION Ott CALLED 4.190 ACRES Z LOT 5, BLOCK A -80 P009 ALTOI7711 vOL, 388 -137, PG 61 ��ol /per JRF 1/2" IRF P.R. T.CT. do „i ��,i \� CITY AND SOUTNLAKE PT DF Mf117E CHAPEL PE NLtACf CENFER PARTNERS LP 1 f i INS NO.. 0199076910 OMNCING MIST. / 0205378677 rrr D.R.T.CT. 5/8•79F CALLED 1.887 ACRES CALLED 1.0 ACRES w/PATE ENCR RPLS CAP NORTH LOT 6, BLOCK A-80 PECK A001T7011 SCALE: 1 w = 100' VOL. 388 -137, PG 61 PR.T.CT. PAGE 3 OF' 3 NATHAN D. MAIER CONSULTING ENGINEERS, INC. AM \D V TRPE FIRM REG. NO. F -356 REVISED: JANUARY 7, 2013 TBPLS FIRM REG. NO. 100189 -00 OCTOBER 29, 2012 08-10-076.8 Two Pork Lone Ploce / 8080 Pork Lone / Suite 600 Dallas, Texas 75231 / Ph. (214) 739 -4741 8076— P30— TCE3.dwg ■ SHADDOCK & ASSOCIATES, P.C. 2400 N. Dallas Parkway, Suite 560 Plano, Texas 75093 972 - 526 -7642 ATTORNEY REPRESENTATION NOTICE GF# 13- 159285 -SB DATE: November 05, 2013 SELLER: White Chapel Village Center Partners, L.P., a Colorado limited partnership PURCHASER: City of Southlake PROPERTY: See Exhibits "A" in file scan for Parcel 25 Right of Way and Parcel 25 -SE Slope Easement and Parcels 35 & 36 Temporay Construction Easements The undersigned does hereby employ the law Office(s) of SHADDOCK & ASSOCIATES, P.C., for the limited and specific purposes of document preparation. This preparation includes but is not limited to the preparation of Deeds, Deeds of Trusts, Mortgages, Promissory Notes, Releases and any other documents that are required and necessary in the closing of any real estate transactions. These transactions include, but are not limited to, sales, exchanges, purchases, refinances or loan of or on real property described above in said legal and GF Number. Any and all language regarding the conveyance or reservation of the minerals in the documents prepared by SHADDOCK & ASSOCIATES, P.C.reflects the written instruction and request of the parties to the transaction and Capital Title of Texas, LLC. The law offices of SHADDOCK & ASSOCIATES, P.C.have not rendered an opinion regarding the use of this language. The undersigned understands and agrees that the documents prepared by the law office of SHADDOCK & ASSOCIATES, P.C. were prepared in accordance with the instructions of the lender, if any, and of the parties to this transaction. No representations have been made by the law offices of SHADDOCK & ASSOCIATES, P.C. as to the legal effects or tax consequences of these documents or of the transaction described in the above referenced file. No representations have been made as to whether the transaction described in the above referenced file complies with the usury laws or of any other laws of the United States or any other state having jurisdiction over this transaction. If one or more of the parties has requested on the use of a format other than the one customarily used by SHADDOCK & ASSOCIATES, P.C., said party or parties undertake the responsibility and liability that the document will meet statutory guidelines. Disclaimer of representation or warranty: The undersigned understands that the law offices of SHADDOCK & ASSOCIATES, P.C. has not conducted a title search on the property and makes no representation or warranty about condition of title, access to the property, or any other matters that might be revealed from an examination of title by the undersigned of the property itself or that might be revealed through a survey of the property. The undersigned is cautioned to make sure the deed to the buyer conveys the specific property the buyer has contracted to purchase. It is understood and agreed by the undersigned that the law offices of SHADDOCK & ASSOCIATES, P.C. are not employed for legal representation generally, or for any purpose in connection with the transaction described in the above referenced file other than the preparation of documents as stated above. The undersigned acknowledge that they have read, understood and hereby approve the documents as prepared, and consent to the multiple representation above. The undersigned hereby agree that no attorney /client privilege or relationship exists between them and the law offices of SHADDOCK & ASSOCIATES, P.C.beyond the preparation of the above described documents. Please return ORIGINAL Attorney Representation Notice with invoice. The City of Southlake White Chapel Village Center Partners, L.P. a Colorado limited partnership By: Name: By: White Chapel Partners, LLC Title: a Colorado limited liability company its gel -r.1 •artner By: Mark DeRose, Manager that might be revealed through a survey of the property. The undersigned is cautioned to make sure the deed to the buyer conveys the specific property the buyer has contracted to purchase. It is understood and agreed by the undersigned that the law offices of SHADDOCK & ASSOCIATES, P.C. are not employed for legal representation generally, or for any purpose in connection with the transaction described in the above referenced file other than the preparation of documents as stated above. The undersigned acknowledge that they have read, understood and hereby approve the documents as prepared, and consent to the multiple representation above. The undersigned hereby agree that no attomey /client privilege or relationship exists between them and the law offices of SHADDOCK & ASSOCIATES, P.C.beyond the preparation of the above described documents. Please return ORIGINAL Attorney Representation Notice with invoice. The City of Southlake White Chapel Village Center Partners, L.P. a Colorado limited partnership By: � f1, 4:' Name: k C.. rre,(( By: White Chapel Partners, LLC Title: p ( a Colorado limited liability company its general partner By: Mark DeRose, Manager Order No. 13- 159285 -SB 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. White Chapel Village Center Partners, L.P., a Colorado limited partnership 8231 E Prentice Ave Greenwood Village, CO 80111 • From: Capital Title of Texas, LLC Property: Tract 1 —Fee Simple BEING a 0.1049 acre tract of land situated in the Larkin A. Chivers Survey, Abstract No. 300, in the City of Southlake, Tarrant County, Texas and being a portion 'Lot 6, Block A -80, Peck Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Volume 388 -137, Page .61, Plat Records of Tarrant County, Texas, and being more particularly described by metes and bounds as follows: BEGINNING at a 518" iron rod with plastic cap stamped "PATE RPLS 564T' found tor the southwest corner of said Lot 6, said found iron rod being at the intersection of the east right of way line of N. White Chapel Boulevard (variable width right of way) and the north right of way line of E. Highland Street (variable width right of way); THENCE N 00 "37'06" W (deed- N 00 °37'40" W), with the west line of said Lot 6 and the east line of said N. White Chapel Boulevard, a distance of 73.68 teet to a 1/2" iron rod with plastic cqp stamped "TX REG NO 100189 -00" set for comer; THENCE S 31°48'00" E, departing the west line of said Ldt 6 and the east line of said N. White Chapel Boulevard, a distance of 34.84 feet to a 1/2" iron rod with plastic cap stamped 'TX REG NO 100189 -00" set for corner, said iron rod being the beginning of a tangent curve to the left having a central angle of 50'50'18", a radius of 67.50 feet, a tangent length of 32.08 feet, a chord bearing of S 57 °13'09" E and a chord length of 57.95 feet; THENCE along said tangent curve to the left an arc distance of 59.89 feet to a 1/2" iron rod with plastic cap stamped 'TX REG NO 100189 -00" set for comer, THENCE S 82 °38'18" E, a distance of 39.02 teet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner; THENCE S 87 °44'49" E, a distance of 248.49 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for comer, THENCE S 01 °54'05" W, a distance of 5.29 feet to a 1/2" Iron rod with plastic cap stamped 'TX REG NO 100189-00" set for comer in the north right of way line of the aforementioned E. Highland Street; THENCE N 88 °48'18' W (deed- N 89 °49'23" W), along the north right of way line of said E. Highland Street, a distance of 353.19 feet to the POINT OF BEGINNING and containing 0.1049 acres or 4,571 square feet of land, more or less. Tract 2— Easement Estate BEING a 0.0896 acre tract of land situated in the Larkin H. Chivers Survey, Abstract No. 300, in the City of Southlake, Tarrant County, Texas, and being a portion of Lot 6, Block A-80 of Peck Addition, an addition to the City of Southlake, Texas according to the plat thereof recorded in Volume 388 -137, Page 61 of the Plot Records of Tarrant County, Texas, said Lot 6, Block A -80 being all of a called 1.887 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378677 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.), and being more particularly described by metes and bounds as follows: COMMENCING at a 5/8" iron rod with plastic cap stomped "PATE RPLS 5647" found for the southwest corner of the aforementioned Lot 6, Block A -80, said comer being at the intersection of the east right -of -way I ine of N. White Chapel Boulevard (variable width right -ot -way) and the north right -of -way line of E. Highland Street (variable width right -of -way); Affiliated Business Disclosure — United Tax Service Page 1 of 4 Rev. 06/03 THENCE N 00 °3T06" W (plat -N 01°50' W), with said east right -of -way line of N. White Chapel Boulevard and the west line of said Lot 6, Block A-80, 73.68 feet to a 1 /2" iron rod with plastic cap stamped "TX REG NO 100189 -00' set for comer at the POINT OF BEGINNING; THENCE N 00 °3T06" W (plat -N 01 °50' W), continuing with said east right -of -way line of N. White Chapel Boulevard and the west line at said Lot 6, Block A-80, 50.27 feet, from whence a 5/8" iron rod with plastic cap stamped "PATE ENGR RPLS" found for the common northwest corner of said Lot 6, Block A-80 and the southwest corner of Lot 5, Block A -80 of said Peck Addition bears N 00 °37'06" W (plat -N 01°50' W), 64.85 feet, said lot 5, Block A - 80 being a portion of a called 4.190 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as • recorded in Instrument No. D205378678, D.R.T.C.T.; THENCE S 31 °48'00" E, departing said east right -of -way line of N. White Chapel Boulevard and the west line of said Lot 6, Block A -B0, 99.73 feet; THENCE S 76 °56'43" E. 87.26 feet; THENCE S 00 °54'55" W, 13.01 feet~ THENCE N 87 °44'49" W, 31.05 feet too 1/2" iron rod with plastic cap stamped 'TX REG NO 100189 -00" set for comer, THENCE N 82 °38'18" W, 39.02 feet to a 1/2" iron rod with plastic cap stamped 'TX REG NO 100189 -00" set for corner at the beginning of a tangent curve to the right having a central angle of 50 °50'18 ", a radius of 67.50 teet, a tangent length of 32.08 teet and a chord which bears N 57 °13'09" W, 57.95 feet; THENCE, with said tangent curve to the right, an arc distance of 59.89 teet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for comer, THENCE N 31 °48'00" W, 34.84 feet to the POINT OF BEGINNING and containing 0.0896 acres or 3,901 square feet of land, more or less. TRACT 3 (EASEMENT) BEING a 0.0358 acre tract of land situated in the Larkin H. Chivers Survey, Abstract No. 300, in the City of Southlake, Tarrant County Texas,and being a portion of Lot 4, Block A -80 of Peck Addition, an addition to the City of Southlake, Texas according to the plat thereof recorded in Volume 388 -137, Page 61 of the Plat Records of Tarrant County, Texas (P.R.T.C.T.), said Lot 4, Block A -80 being a portion of a called 4.190 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378678 of the Deed Records of Tarrant County, Texas ( D.R.T.C.T.), and being more particularly described by metes and bounds as follows: COMMENCING at a 5 /8" iron rod with plastic cap stamped "PATE ENGR RPLS" found in the east right -of -way line of N. White Chapel Boulevard (variable width right -of -way) for the common southwest corner of Lot 5, Block A -80 of the aforementioned Peck Addition, said Lot 5, Block A -80 being a portion of the aforementioned called 4.190 acre tract conveyed to White Chapel Village Center Partners LP, and the northwest corner of Lot 6, Block A -80 of said Peck Addition, said Lot 6, Block A -80 being all of a called 1.887 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378677, D.R.T.C.T.; THENCE N 00° 37' 06" W (plat -N 01° 50' W), with said east right -of -way line of N. White Chapel Boulevard and the west line of said Lot 5, Block A -80, 135.42 feet (plat- 135.60 feet) to the common northwest comer of said Lot 5, Block A -80 and the southwest corner of Lot 4, Block A -80 of said Peck Addition, said Lot 4, Block A -80 being a portion of the aforementioned called 4.190 acre tract conveyed to White Chapel Village Center Partners LP, said common comer being the POINT OF BEGINNING; THENCE N 00° 37' 06" W (plat -N 01° 50' W), continuing with said east right -of -way line of N. White Chapel Boulevard and with the west line of said. Lot 4, Block A-80, 95.04 feet (plat- 94.91 feet) to a 1/2" iron rod found the common northwest comer of said Lot 4, Block A -80 and the southwest comer of Lot 2 -R, Block A -80 of Lot 2 -R, Block A -80, Peck Addition, an addition to the City of Southlake, Texas according to the plat thereof recorded in Volume 388 -178, Page 50, P.R.T.C.T., said Lot 2 -R, Block A -80 being a portion of said called 4.190 acre tract conveyed to White Chapel Village Center Partners LP; THENCE S 88° 50' 19" E (plat -S 89° 56' 29" W), departing said east right -of -way line of N. White Chapel Boulevard and with the corrmon north line of said Lot 4, Block A -80 and the south line of said Lot 2 -R, Block A -80, 21.93 feet to the beginning of a non - tangent curve to the right having a central angle of 04° 59' 48 ", a radius of 1095.00 feet, a tangent length of 47.78 feet and a chord which bears S 06° 49' 49" W, 95.46 feet THENCE, departing the common north line of said Lot 4, Block A -80 and the south line of said Lot 2 -R, Block A -80 and with said non - tangent curve to the right, on arc distance of 95.50 feet to the common south line of said Lot 4, Block A- B0 and the north Tine of the aforementioned Lot 5, Block A -80; THENCE N 88° 50' 21" W (plat -S 89° 56' 29" W), with the common south line of said Lot 4, Block A -80 and the north line of said Lot 5, Block A -80, passing at 9.17 feet a found 1/2" iron rod with plastic cap stamped "VOGT 1928 ", and continuing a total distance of 9.55 feet to the POINT OF BEGINNING and containing 0.0358 acres or 1,561 square feet of land, more or less. TRACT 4 (EASEMENT) BEING a 0.1018 acre tract of land situated in the Larkin H. Chivers Survey, Abstract No. 300, in the City of South lake, Tarrant County, Texas, and being a portion of Lot 2 -R, Block A -80 of Lot 2 -R, Block A -80, Peck Addition, an addition to the City of Southlake, Texas according to the plat thereof recorded in Volume 388 -178, Page 50 of the Plat Records of Tarrant County, Texas ( P.R.T.C.T.), said Lot 2 -R, Biock A -80 being a portion of a called 4.190 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378678 of the Deed Records of Tarrant County, Texas (D.R.T.C.T.), and being more particularly described by metes and bounds as follows: COMMENCING at a 5/8" iron rod with plastic cap stamped "PATE ENGR RPLS" found in the east right -of -way line of N. White Chapel Boulevard (variable width right -of -way) for the common southwest corner of Lot 5, Block A -80 of Peck Addition, an addition to the City of South lake, Texas according to the plat thereof recorded in Volume 388 -137, Page 61, P.R.T.C.T., said Lot 5, Block A -80 being a portion of the aforementioned called 4.190 acre tract conveyed to White Chapel Village Center Partners LP, and the northwest corner of Lot 6, Block A -80 of said Peck Addition, said Lot 6, Block A -80 being all of a called 1.887 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. D205378677, D.R.T.C.T.; THENCE N 00° 37' 06" W (plat -N 01° 50' W), with said east right -of -way line of N. White Chapel Boulevard and the west line of said Lot 5, Block A-80, passing at 135.42 feet the common northwest comer of said Lot 5, Biock A -B0 and the southwest corner of Lot 4, Biock A -80 of said Peck Addition, said Lot 4, Block A -80 being a portion of said called 4.190 acre tract conveyed to White Chapel Village Center Partners LP, from whence a found 1/2" iron rod with plastic cap stamped "VOGT 1928" bears S 88° 50' 21" E, 0.38 feet, and continuing with said east right -of -way line of N. White Chapel Boulevard and the west line of said Lot 4, Block A -80 a total distance of 230.46 feet to a 1/2" iron rod found for the common northwest corner of said Lot 4, Block A -80 and the southwest comer of the aforementioned Lot 2 -R, Block A -80, said common corner being the POINT OF BEGINNING; THENCE N 00° 37' 06" W (plat -N 01° 50' W), continuing with said east right -of -way line of N. White Chapel Boulevard and with the west line of said Lot 2 -R, Block A -80, 190.20 feet (plat - 190.09 feet) to the common northwest comer of said Lot 2 -R, Block A -80 and the southwest comer of Lot 1, Block A -80 of the aforementioned Peck Addition recorded in Volume 388 -137, Page 61, P.R.T.C.T., said Lot 1, Block A -80 being all of a called 2.831 acre tract conveyed to White Chapel Village Center Partners LP according to the General Warranty Deed as recorded in Instrument No. 0205293665, D.R.T.C.T., from whence a found 1/2" iron rod bears S 42° 25' 55" W, 1.01 feet: THENCE S 88° 50' 15" E (plat -N 89° 56' 29" E), departing east right -of -way line of N. White Chapel Boulevard and with the common north line of said Lot 2 -R, Block A -80 and the south line of said Lot 1, Block A -80, 24.01 feet, THENCE S 00° 37' 06" E, departing the common north line of said Lot 2 -R, Block A-80 and the south line of said Lot 1, Block A -80, 95.65 feet to the beginning of a tangent curve to the right having a central angle of 04° 57' 21 ", a radius of 1093.00 feet, a tangent of 47.30 feet and a chord which bears S 01° 51' 35" W, 94.51 feet; THENCE, with said tangent curve to the right, an arc distance of 94.54 feet to the common south line of said Lot 2 -R, Block A -80 and the north line of the aforementioned Lot 4, Block A- 80; THENCE N 88° 50' 19" W (plat -S 89° 56' 29 " W), with the common south line at said Lot 2 -R, Block A -80 and the north line of said Lot 4, Block A -80, 19.92 feet the POINT OF BEGINNING and containing 0.1018 acres or 4,436 square feet of land, more or less. Date: November 5, 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 metus 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 White Chapel Village Center Partners, L.P. a Colorado limited partnership By: Name: By: White Chapel Partners, LLC Title: a Colorado limited liability company By: its�ger -ral ij ar De os , Manager Date: November 5, 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 Dt 1 tRMINE 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 White Chapel Village Center Partners, L.P. a Colorado limited partnership By: C Name: 3, C• T.e4 r.-(I By: White Chapel Partners, LLC Title: vv‘ p! a Colorado limited liability company �l its general partner By Mark DeRose, Manager • • Capital Title of Texas, LLC - Southlake Blvd CapitalIdle 100 S. Village Center Drive Southlake, TX 76092 Phone 817 - 329 -8989 Fax 817 - 329 -8282 OWNER POLICY OF TITLE INSURANCE TRANSMITTAL November 14, 2013 City of Southlake 1400 Main Street, Suite 320 Southlake, TX 76092 RE: Order No.: 13- 159285 -SB Buyer /Borrower(s): City of Southlake Sellers(s): White Chapel Village Center Partners, L.P., a Colorado limited partnership Property Address: 1205 N White Chapel Blvd., 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- 159285 -SB OTP Transmittal Page 1 of 1 Rev. 01/06 TXT11050053 FI1 OWNER'S POLICY OF TITLE INSURANCE (T -1) NATIONAL Issued by llll111t1� FIRST NATIONAL TITLE INSURANCE COMPANY *....- MU, INSURANC 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, First National Title Insurance Company, 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. 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. COVERED RISKS Continued on next page IN WITNESS WHEREOF, FIRST NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed as of the Date of Policy shown on Schedule A. 0 01, r, v , FIRST NATIONAL TITLE INSURANCE C.UMPANY e....,42.L4 4.2/„. A Authorized Countersignature 1)111111 13Y f�riwt s r Nips, Pr d t f ai h' Ray , a ;s No? 'Chief Financial °tricot FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 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. 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. 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. FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 (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. (j) "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, FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 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. (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. (c) If the Insured demands that the Company accept a settlement offer that is not greater than the Amount of Insurance or if the Insured expressly agrees that a settlement offer should be accepted, the Company has a right to be reimbursed if it has timely asserted its reservation of rights and notified the Insured that it intends to seek reimbursement if it pays to settle or defend a claim that is not covered by the policy. 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, attorneys' 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, 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; 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. FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 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. (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. PAYMENT OF LOSS. 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. FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 (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 jurisdiction. 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 at: First National Title Insurance Company, 2400 Dallas Parkway, Ste. 580, Plano, TX 75093. FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 '` OWNER'S POLICY OF TITLE INSURANCE (T -1) 101110 NATIONAL Issued by FIRST NATIONAL TITLE INSURANCE COMPANY °*mss 1111J, INS1IIUaN(.[' COMPANY SCHEDULE A Name and Address of Title Insurance Company: First National Title Insurance Company, 2400 Dallas Parkway, Ste. 560, Dallas, TX 75093. File No.: 13- 159285 -SB Policy No.: TXT11050053 Address for Reference only: 1205 N White Chapel Blvd., Southlake, TX 76092 Amount of Insurance: $52,875.00 Premium: $543.00 Date of Policy: November 13, 2013, at 04:01 pm 1. Name of Insured: City of Southlake, a municipal corporation of Tarrant County, Texas 2. The estate or interest in the Land that is insured by this policy is: Tract 1 - -Fee Simple 3. Title is insured as vested in: City of Southlake, a municipal corporation of Tarrant County, Texas 4. The Land referred to in this policy is described as follows: Tract 1- -Fee Simple BEING a 0.1049 acre tract of land situated in the Larkin A. Chivers Survey, Abstract No. 300, in the City of Southlake, Tarrant County, Texas and being a portion Lot 6, Block A -80, Peck Addition, an addition to the City of Southlake, Texas, according to the plat thereof recorded in Volume 388 -137, Page .61, Plat Records of Tarrant County, Texas, and being more particularly described by metes and bounds as follows: BEGINNING at a 518" iron rod with plastic cap stamped "PATE RPLS 5647" found tor the southwest corner of said Lot 6, said found iron rod being at the intersection of the east right of way line of N. White Chapel Boulevard (variable width right of way) and the north right of way line of E. Highland Street (variable width right of way); THENCE N 00 "37'06" W (deed- N 00 °37'40" W), with the west line of said Lot 6 and the east line of said N. White Chapel Boulevard, a distance of 73.68 teet to a 1/2" iron rod with plastic cqp stamped "TX REG NO 100189 -00" set for corner; THENCE S 31 °48'00" E, departing the west line of said Ldt 6 and the east line of said N. White Chapel Boulevard, a distance of 34.84 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner, said iron rod being the beginning of a tangent curve to the lett having a central angle of 50 °'5018 ", a radius of 67.50 feet, a tangent length of 32.08 feet, a chord bearing of S 57 °13'09" E and a chord length of 57.95 feet; THENCE along said tangent curve to the left an arc distance of 59.89 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner; THENCE S 82 °3818" E, a distance of 39.02 teet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner; THENCE S 87 °44'49" E, a distance of 248.49 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner; THENCE S 01 °54'05" W, a distance of 5.29 feet to a 1/2" iron rod with plastic cap stamped "TX REG NO 100189 -00" set for corner in the north right of way line of the aforementioned E. Highland Street; THENCE N 88 °4818" W (deed- N 89 °49'23" W), along the north right of way line of said E. Highland Street, a distance FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 of 353.19 feet to the POINT OF BEGINNING and containing 0.1049 acres or 4,571 square feet of land, more or Tess. • FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010 ' HRST OWNER'S POLICY OF TITLE INSURANCE (T -1) NATIONAL IN Issued by Illlltp FIRST NATIONAL TITLE INSURANCE COMPANY =• •- 1' I €,F. IN SUR.ANC.I COMPANY SCHEDULE B File No.: 13- 159285 -SB Policy No.: TXT11050053 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 the leases and easements, if any, shown in Schedule A, and the following matters: 1. 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 the 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. 5. Standby fees, taxes and assessments by any taxing authority for the year 2014, 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 (For Use Only in Texas) Effective: 2/1/2010 F. Rights of parties in possession. d. Rights of tenants, as tenants only, under unrecorded leases or rental agreements. e. The following easement(s) and /or building line(s) affecting the subject property as shown on Map or Plat recorded in Volume 388 -137, Page 61, Map or Plat Records, Tarrant County, Texas: 30 foot building line along the Southerly and Westerly property line. f. Airport Zoning Ordinance No. 71 -100 for -Fort Worth International Airport recorded in 7349/1106, Real Property Records, Tarrant County, Texas. FORM T -1: Owner's Policy of Title Insurance (For Use Only in Texas) Effective: 2/1/2010