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R2009-197 AMENDING RESOLUTION R2009-117
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R2009-197 AMENDING RESOLUTION R2009-117
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Last modified
10/13/2015 8:09:47 AM
Creation date
10/13/2015 8:09:46 AM
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Resolution/Ordinance
Res Ord Num
R2009-197
Res Ord Title
AMENDING RESOLUTION R2009-117 - PURCHASE OF REAL PROPERTY ADJACENT TO FIREHOUSE NO. 3 - 1316 W. ELDORADO STREET
Approved Date
10/5/2009
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' POLICY NLJMBER 1612-120113192-DEC <br /> OWNER'S POLICY (2006) <br /> 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a <br /> notice of the enforcement action,describing any part of the Land,is recorded in the Public Records,but only to the <br /> eactent of the enfarcement referred to in that notice. <br /> 7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land,is recorded <br /> in the Public Records. <br /> 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without <br /> Knowledge. <br /> 9. Title being vested other than as stated Schedule A or being defective <br /> (a) as a result of the avoidance in whole or in part,or from a court order providing an alternative remedy,of a <br /> transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting <br /> Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under <br /> federal bankruptcy,state insolvency,or similar creditors'rights laws;or <br /> (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer <br /> under federal bankruptcy,state insolvency,or similar creditors'rights laws by reason of the failure of its <br /> recording in the Public Records <br /> (i) to be timely,or <br />' (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. <br /> 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has <br /> been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior <br /> to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in <br />� Schedule A. <br /> The Company will also pay the costs, attorneys' fees, and expenses incurred in defense of any matter insured against by <br /> this Policy,but only to the extent provided in the Conditions. <br /> IN WITNESS WHEREOF, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and <br /> sealed by its duly authorized officers. <br />' Issued By: <br /> CHICAGO TITLE INSURANCE COMPANY CHICAGO TITLE INSURANCE COMPANY <br /> 385 E. ASH AVE., STE. B <br /> DECATUR, IL62526 <br /> By: � <br /> Refer Inquiries To: ��.�'�������,�'� <br /> � <br /> ti, <br /> o{CCRPONA 1f`t o • ymond R Quir <br /> (217)876-0757 �: q���q��� �� President <br /> y'•;�dF3t�M&A;� <br /> J� :'�''" By: <br /> Countersigned <br /> Secretary <br /> Autho d Signatory <br /> orcvazsc s/os�cc GS F 0 2/0 4/10 0 9:21:0 9 <br />
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