MYRTLE BELL
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Ihis Indtnture, Made this
Between
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. RAMeo FORM 4
tj'212'7535
first
day of
June
. A. D, 19 72 .
MYRTLE BELL, a widow,
of the County of Berkshire
part y of the first part, and
whose m~iling address is
and State of Hassachusetts
CITY OF CLEARWATER, FLORIDA, a municipal cor-
P. O. Box 4748, Clearwater, Florida poration
of the County of
Pi:qellas
and State of
Florida
part y of the second part, lItIfitntsseth, that the said part y of the first part, for and
in consideration of the sum of :::: Ten - - Dollars, and other good
- Jllld valuable cQllsidp..raliollS_1.o h~ in.hancJ paid,the re.c.cipf,wU€rf'Of -H;...~y- acJ.-wJwl
edged, ha s granted, bargained, sold and conveyed, and by these presents does grant, bar-
gain, sell, convey and confirm unlo the said pari y of Ihe second parI and its heirs
and assigns forever, all that certain parcel of land lying and belllg in th,' County of Pinellas
and State of Florida . more particularly described as follows:
Lots 7 and 8, Block 3 Lake Belleview Addition,
according to the map or plat thereof as recorded
in Plat Book 9, page 141 of the Public Records
of Pinellas County, Florida, also known as
1364 Pomello, Clearwater, Florida
,
Including all furniture and fixtures found therein.
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Together with all the tenements, hereditaments and appurtenancps, with e~;; PrL~ilege:--right.~
tit/p, interest and estate, dower and right of dower, reversion, remainder ani! etlselTJ.-ent t![eret'!:
belonging or in anywise apperlaininf}: To ilaue and to Jtold flu' same in};; ~im-;!e f~re(f€;.
- '
And the said party of the first part does covpnant wilh the said party"" of the
second part that she is lawfully seized of the said prt'misps, that they are free from
all encumbrances and that she has good right and law-
ful authority to sell the same; and the said party of the first part does hereby fully warrant
the title to said [and. and will defend the same against the lawflll claims of all persons whomsoever.
In 1tIitntss Uhertof, the said party
of the first part ha 5
hereunto set her
hand
and seal
the day and year above written.
Signed. sealed and delivered in our presence:
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ThiR instrument \vas prepared by: j RETURN TO:
HERBERT :1\1. BROWN, City Attorney CITY CLERK
City of Clearwater, P. Q. Box 4748 P O. BOX 4748
Clearwater, Florida 33518 CLEARW ATER, FT' .~~"""..
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Form 1118
: 7212'7534 f'"""" TUTBLANX REGISTERE.O U,SPAT.OF",CE
Florida SA, TISFAC~N OF MORTGAGE.' ., . Tuttle La.w, R,.,./nr.publ/Shers.RUrl.,an,tI." ."."IIt:",',
:cr309
That BANK OF CLEARWATER
a corporation under the laws of the State of Florida
fil certain mortgagesgiven by
, holder of
MYRTLE R. BELL, an unmarried woman
to BANK OF CLEARWA~ER
bearin~ date the 13t day of September , ./1, D. 1957 , recorded in
o . R. Book 172 page4 5 9 in the office of the Clerk of the Circuit Court
of Pinellas County, State of Florida-J; given to secure the sum of
Ten Dollars~and -Other Valuable Considerations-------------------~~,
evidenced by those certain note s , upon the following described
property, situate, lying and being in Pinellas County, State of
Florida, to wit:
Block Three (3)
Lots Seven (7) and Eight (8)/ of LAKE BELLEVIEW ADDITION I
according to map or plat recorded in Plat Boolc 9, page 141,
public records of Pinellas County I Florida.
* and that certain mortgage bearing date the 11th day of January,
A. D. 1961, recorded in 0, R, Book 1084, Page 489 in the office
of the Clerk of the Circuit Court of Pinellas County I State of
Florida,
has received full payment of said indebtedness, and does hereby acknowledge satis-
faction of said mortgage, and hereby directs the Clerk of the said Circuit Court
to cancel the same of record.
Jlitnt!l!l the signature and seal of said corporation, by its President
21st
day of
February
, .11. D. 19 72
this
PINEL RE::;.(, /iLl".'
L~~ "',~ .,', ,
~ ,'".(".)",;"
~ T'\'"'""; , "J.,
',- lll/'...u.., I
CLERK" .' ..,."....'l
_ CIRd)/fr-fl ,"
... ' t"UR r
Ocr 10 1/ 2" AH '7Z
~i9ttrb. ~ru1rb uttb irlinrrrb itt prrsrtttr o!:
~€a~ "",,',..",.
/OR-,~;:3~- (Xi) v..-----C,C_
&tatt nf 1J11nrtba }
<nOUtttg o! Pinellas
11 lltrrrhg <nrrU!g That on this day personally appeared before me, an officer
duly authorized to administer oaths and tf!keacknowledgments,
J. R, Lane I President
f N OF C ,.,."j,\',;;; t'
o BA K LEARWATER", ," I. ",../'. ',. ',', , a corpora wn,
to me well known to b~f.li;8;t1~r8On {'d;~s()tibe.<tin and who executed the foregoing
satisfaction piece anddiflY:(Jc7ciwwled(e(l"beforeme that he executed
the same for the purpf)~fi$the7\eih' ix.'j)1i~s8'e.d.a$the act and deed of said corporation.
1Itt IhtttPSS .4rrpot:..:';,:':"'"'::lha'4'~i;hereu1ito.set my hand and affixed my official
seal at Clearwater"...:", ~a[d:Countyand State, this 21st
day of Feb~~:::, ''''::0" >J ~~ D.19 n. ~<lLIt~-€- &-cr-".---
. J'_,~:.iF;:ti~.;dl~~~;~:.18. 1973 -jJ:~~::~~~~~on Expires
~
,
i
CLOSING STATEMENT
\1
Clearwater, Florida
'Oct.: 4 , 1972
Seller: Myrtle R, Bell
Purchaser: City of Clearwater, Florida
Property Description: Lots 7 & 8, Block 3, Lake Belleview Addition
Credits to Seller:
Sales Price
Credits to Purchaser:
Sellerts pro...rata share of
1972 real estate taxes
Documentary Stamps on Deed:
State $13.80
Sur..tax5. 50
Fee for Death Certificate
for IrvIng A. Bell
Recording Death Certificate
Recording Release of Tax Lien
Recording Release of Mortgage
Recording Affidavit of Sarah E.
Hendrix
Cash to close
$ 9.00
19. 30 v
5.00
4.00 v
4.00 v
4.00 V'
4. 00 v
4,550.70
$4,600.00
Purchaser's Expenses:
Chelsea Title & Guaranty Co.
Recording Deed
$46.00
6.00 v
$52.00
$4,600.00
$4,600.00
@
. .
, CITY OF CLEARWATER II
AtTHORIZATION FOR DISBURSEME'WT
October 5, 72
---------______________________, 19____
Pay to ____lL~~Q_td__t1~J.J_~~~~_~~L~~~;_!t__Q~~!~_~_~~____
to cover the following:
$
CODE
$
City purchas~ from r.yrtle Bell
Lots 7 & 8, Block 3, Lake Bell.view
Addition.
Recording Deed
Documentary Stamps
State 13.80
Sur-tax 5.50
Record death certificate
Record release of tax lien
Record release of mertgaeg
Record affidavit of Sarah E. Hendrix
----l>:"O"O--
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Total of this Disbursement $ ____4l_ot...3.Q_
O. K.
APPROVED:
------------------------------(5~y-M~;~g~~---
I
". y~ may now .trange
for removal of lien
from public record
felease
.,
:ederal
-ax Lien
Attached is a Certificate of Release of Feder;
Lien for taxes filed in your name.
To have the lien removed from public record ~
should file the certificate of release with the I
officer where the lien is filed and pay him any
fee that is due.
Department of the Treasury I Internal Revenu
) 8911'-874
",,: 72127532
Form 668 / DEPARTME OF THE TREASURY-INTE REVENUE SERVI~
(REV. 1-70) ~ (ERTIR E OF RELEASE OF FEDERAL TAX LIEN
DISTRICT SERIAL NUMBER
J cks cnvil1e 80969 A
I hereby certify that as to the following-named taxpayer the requirements of Section
6325(0), Internal Revenue Code, have been satisfied with respect to the taxes enu-
merated below, together with all statutory additions provided by Section 6321; and
that the lien for such taxes and statutory additions has thereby been released. The
proper officer in the office where notic, of internal revenue tax lien was filed on
M~rch 8 1 " 1~, is hereby authorized to make notation
on his books to show the release of said lien, insofar as the lien relates to the follow-
ing taxes.
.' NAME OF TAXPAYER
For Optional Use By Recording Office
,G.~. :3896 ~1t:J{J'i7
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Ie A Bell
RESIDENCE
1 P ame10 Street Ole arwater Florida
KIND OF TAX
(a)
UNPAID BALANCE
OF ASSESSMENT
(e)
65.00
TAX PERIOD ENDED
(b)
1959
ASSESSMENT DATE
(c)
4-1-60
IDENTIFYING NUMBER
(d)
59 232131353
Inc orne
PLACE OF FILING
Clerk of Circuit Court
Pine11as County
C1eqrwater Florida
RETURN TO:
CITY CLERK
P_ O. BOX 4748
RW A TER FLA. 33518
TOTAL $ 65.00
WITNESS my hand at
Jacks onville, Florida
, on this,
the 25th day of February ,1972
SIGNATURE
TITLE
Chl..ef S ecia1 Procedures Staff
E: Certifi e of officer authOrized by low to toke acknowledgments is not essential to the validity of Notice of Federal Tax Lien G.C.M.
. 1950-51, 125.) sS
PART 3- To be used for recording purposes
~ CE:RT'I.FIE~D
' r ','
COpy
-
'NI ......laL~T fE. "...V' RE'RODUClD BlLOIAI TO a,\A TRUE' ANO 'CO....~~ .~
COPV OF THE ORIGINAl!- RECORD ON "LI IN THE aUREAU OF "'TAL STAnnlCS OF THE "
ITATI OF FL""'OA. OE,.ART""NT OF HEALTH ANO REHABILITATIVE 'ERVICES, COYISION " .,.
O' HEALTH AT JAC"O""V'LLI. 'LORIOA. 0 is ;!: ..
"" "'~..""
· .",. VAL'D U'LE.'. '.t "AC DFT'" "'T. OF FeD.. D', D...... EOT DF '''LT. "D ...... L" AT." ~ f:$ ~ "-
.....e... D.....D~ OF "'LT. ""..nD.. ~ ~ ~ ,
?.~~l~\ 1&51
~~J:; ~.~~. \. i
HEALTH --- QE~AftT~ENT OF HEALTH AN. ~
REHAaILITATIVt; HftVICES 0
~'
it '3896 fAH3Q8
,f~' -~
1~72
.TATa BOARD 01" HEALTH
BUREAU 01" VITAL "'ATlntce
" "~""17 "'
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:r 2Qd, INJURY OCCURRED
WHILE AT 0 NOT WHILE 0
~" "~,, ~ <'. / 2- _
. <::/~ - ~. to '-~--~~and Ja.1 'a", him aJive on
21, I attended the decea.ed2.' Iro,"2-_ "'~, ~ --- .. bo ' d t th b t 01 my kno"'led~e. Irom the C41u.e. .tated
. ) r "/ m on the date .teted eve. an 0 e e.
n..'h ~."...... -. ~~ '-y:;;> . 4, 2Zc, 04TE SIGNED
. ~..,." '" "~'''.~~. P-2..9-(,3
(Stott)
CERTIFICATE OF DEATH
FLORIDA
CODE NO.
-------.-..,._,-,.
63hO 33,82
STATE F'fL!: NO.~~
REGISTRAR'S NO, , ,,t f) ~,
Z, USUAL 1tIIIDINt[ (WAIT. d-',d littd l! i"'lilUI 0 ' R .L
.. STATE F klli.da . !, COUNTY' " ~......,~ .........1
I
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f1~JeaJL
~, STREET ADDRESS
t, IS RES/orNCE
INS'~ CITY lI",rrS?
YES~ NO 0
ON A FARMl
YESO NO~
D.,
Y,ar
3, lIA.a 0,.
-Cl:AaeD
(7)1H or pri1lt)
5, SEX
/fJa/..e M.i..i;e
10. USUAL OCCUPATION (oiOt kind 01 "'ork "6
'1~6~lOorktn' lilt. _II il'llu.)
13, FATHER'S NAIIE
Urw Df:aLn.a6.Le
Fir.
It ed. LJelJ..
7 IIARRIED 8 NEVER "'ARRIED 0 8, DATE OF BIRTH
WIDOWED 0 DIVORCED
lOt>, KINO OF BUSINESS OR INDUSTRY 11.
NOIltA
';)
12, CITIlEN tY WHAT COUNTRY!
U. S. A.'
15, WAS ~CEASED EVEII IN U, S. ARIIED FOItCES1,
(r., ". or "ft.4:It.O..) (/f ~... .i_ ..,. or.... .,.......)
fro
18, CAuae DI' DEATH lElit., 07J/,...."- p*r Ii.. ft>r (a). (0), and (tl.)
PART I. DEATH WAS CAUSED BY,
I"'IIEDIATE CAUSE (e)
-..-----
'lIJ/ CITY, TOWN. OR LOCATION
COUNTY
STATE
zs:-DATE;;fcO: BY LOCAL REG,
~ U G 3 0 1963
I\.! ,
..
:
,
.:- ""
I
AGREEMENT FOR PURCHASE AND SALE OF REAL ESTATE
STATE OF FLORIDA )
)
COUNTY OF PINELLAS )
THIS AGREEMENT, made and entered into this
rj tJ.~
day of
~~ ' A. D. 197 e:t. , by and between MYRTLE A. BELL,
,', r
;j
unremarried widow, by and through her duly authorized attorney in fact,
an
SARA HENDRIX, hereinafter referred to as "Owner", and the CITY OF
CLEARWATER, FLORIDA, a municipal corporation, hereinafter referred
to as "Purchaserll;
WITNESSETH
WHEREAS, the City of Clearwater requires property hereinafter
described as right of way for construction and maintenance of an authorized
city, county or state street or highway and said Purchaser is required to
furnish same for said purpose;
NOW, THEREFORE, in consideration of the premises and other good
and valuable considerations, it is agreed as follows:
1. The Owner agrees to sell and convey, by good and sufficient warranty
deed, free of liens and encumbrances, except as herein otherwise indicated,
unto the City of Clearwater, Florida, a municipal corporation, the following
described land in Pinellas County, Florida, to wit:
Lots 7 and 8, Block 3, Lake Belleview Addition, according
to the map or plat thereof as recorded in Plat Book 9, page
141 of the Public Records of Pinellas County, Florida,
also known as 1364 Pomello, Clearwater, Florida;
at and for the sum of Four Thousand Six Hundred Dollars ($4,600.00).
2. Purchaser shall pay said sum in cash within ninety (90) days from
date hereof upon simultaneous delivery of such deed of conveyance.
3. All taxes for the current year shall be pro-rated at the time of
closing and the Owner will place the necessary documentary tax stamps upon
the deed and Purchaser will furnish the necessary title insurance.
- 1-
(f)
.-
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po"".
4. This agreement is being executed on behalf of the Owner,
Myrtle A. Bell, an unremarried widow, by Sara Hendrix, as her duly authorized
attorney in fact. The Power of Attorney authorizing Sara Hendrix to act on
behalf of Myrtle A. Bell has been duly recorded in O. R. 3570
, page 401
of the Public Records of Pinellas County, Florida.
5. This agreement shall be binding upon the heirs, personal
representatives, executors, successors and assigns of the parties hereto,
IN WITNESS WHEREOF, the parties hereto have caused these presents
to be executed on the date first above written.
Signed, sealed and delivered
in the presence of:
'1
~~ /L~ (SEAL)
Sara Hendrix, as attorney in
fact for Myrtle A. Bell, an
unremarried widow
FLORIDA
Approved as to form &
CO_~/llI;;~
city Attorney ,
-2-
-
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~ "' I OWNER'S POLICY "' ~.,w ~
~ ~
I Cke lea :1i1e and (Jual'anlg Com-pan,! I
~ ~
~ HOME OFFICE, ATLANTIC CITY, N. J. ff'~
~ ~
~ ~
~ ~
~ ~
I App. No...~.~~~.6..,.............. Amount..$.~....?9.Q.~.9.Q... N~ 7 ~ 7 712 F !~
~ Binder No. 120129B ~~
~ ~
~ This Policy of Title Insurance Witnesseth: That the Chelsea Title and Guaranty Company, herein ~
r?d! called the Company, in consideration of the payment of the premium for this Policy, does hereby covenant and ~
~ ~~
~ agree that it will pay to * * ~
~ * * CITY OF CLEARWATER ~
~ ~
~ hereinafter called the Insured, the heirs, devisees, or personal representatives of the Insured, all loss and damage ff'~
~~ not exceeding FOUR THOUSAND SIX HUNDRED AND NO/IOO - - - - - - _ _ _ _ _ _ _ ~
~ - - - - - - - - - - - - - - - - - - - - - - - - - Dollars ($ 4, 6 00. 00 ) , ff'~
~ ~
~ which they, or any of them, shall sustain by reason of any defect or defects in the title of the Insured to the ff'~
~~ estate or interest of the Insured in the real estate described under Schedule A, hereto annexed, or by reason ~
~ of liens or encumbrances against the same as of the date of the final examination of the title thereto, to-wit: ff'~
~ October 10, 1972 at 11: 24 A. M. f . b" ~
~~ which date shall be deemed the effective date of this Policy, excepting the de ects, estates, mterests, 0 Jecbons, ~
~ liens or encumbrances mentioned in Schedule B, hereto annexed, or excepted by the conditions or stipulations of ff'~
~ this Policy hereto annexed and incorporated herein as a part of this contract. Any loss hereunder shall be established ~
~~ and the amount thereof ascertained in the manner provided in said conditions and stipulations and be payable upon ~
~ compliance with the provisions of same and not otherwise. ff'~
~ ~
~~ This Policy shall not be binding until it shall have been countersigned by an authorized signatory of the ~
~ Company. iTa.
~ ~
~ In Witness Whereof, C~,1llla :Jill. anJ (ju.aran1'l ~
~ COMl'an'l has caused these presents to be signed in facsimile by its duly ~
~ authorized officers and its corporate seal to be affixed in accordance with ~
~I?I?' its By-Laws, this the:- .' 31st day of ~~
October 19 72.
I
~ /7 /J C7 /J J/7 /? ~
~ L'l.el6.a Jill. an '::Juaranl'J Lompan'J ~
~ ;/ i]
~ I~/~ ~
~ President ~
~ Marjorie J. Michael ATTEST, ~_ aA-- ~ ~
~~ By: Asst. Secret~ry _ (\ Ct. QM__'m"^, 7 ~
~ ~~f'0J:::'\:'_~~~ Ch 'I (/ , Secretary ~
; Authon"'\Jig""'J& /J 11/,,)1 ;
~~~~~~~~~~~~:~~~~~,~~~~~~~~~~~~~.~C
Florida-2-Form 2S
I
"
..
,
SCHEDULE A
App. No.....:L,~,~~,~.............
Policy No.: ..?Ei??~,?,r.....,
Insured: CITY OF CLEARWATER
Effective date: October 10, 1972 at 11:24 A. M.
Amount of liability: $ 4,600.00
1. The estate or interest of the Insured in the real estate described below covered by this
Policy is
FEE SIMPLE
2. The deed or other means by which the estate or interest covered by this Policy is vested in
the Insured is described as follows:
Warranty Deed executed by Myrtle R. Bell, a widow, in favor of the City
of Clearwater, dated June 1, 1972 and filed October 10, 1972 at 11:24
A. M. in O. R. Book 3896, Page 310 ,..of the Public Records of Pinellas
County, Florida.
3. Description of the land in which the Insured has the estate or interest covered by this Policy.
LOTS 7 and 8, BLOCK 3, LAKE BELLEVIEW ADDITION, according to the
map or plat thereof as recorded in Plat Book 9, Page 141, of the
Public Records of Pinellas County, Florida.
Countersigned:
~~!\~~~t'~^~~ oQ
Aut oi-ized eprese tive
Form No. 22.A
,
~
I
SCHEDULE B
This policy does not insure against loss or damage by reason of the following:
1. Rights or claims of parties oth~r than the Insured in actual possession of any or
all of the property.
2. Any variation in .location of lines or dimensions, deficiency in quantity ,of ground,
or any state of fact which an acceptable survey w,?uld disclose, or which are visible
or are known to the insured,
3. Rights of way and easements over, across, above or below the surfac~ of the land not
disclosed of record or arising by necessity or implication. '
4. Possible unfiled mechanics' and materialmen's liens.
5. All assessments and 'taxes for the year 19 72 and. all subsequent years.
6. Liability for municipal improvements made or authorized but not ass.essed.
7. Title to furniture, furnishings, fixtures and equipme~t, wh~ther attached or
unattached to the real estate, is neither guaranteed nor insured under the
terms of this policy. Title to mobile homes or modular homes is neither
guaranteed nor insured under the terms of this policy.
Form No. 22-B
...'
~i]~~~~~~~~~~
~ LAKE BELLEVIEW ADD, Bl 3 ~
~ /.kOTS 7 .&~ . ~
~; Winner s :Jf1.oI tc~.of ~
~ Ii?T' 1'1 ~~
~ \!} itIe ~ nsltrance ~
~ ~
~ ~
~ ~
~r.R ~
~ ~~
~ ~
~ ~
~ ~
~ Amount Insured ~
~ $ ~
~ Party Insured ~
~ ~
~.Jt.~ ~
~. ~~
~ ~
~ ~
~ Chelea :JUt. anJ ~
~ /'uaranl'l Compan'l ~
~ "34 ~
~r.R Home Office ~
~ ~~
~ Atlantic City, N. J. ~
~ ~
~ ~
~ ~
~ ~
~ ~
~ ~
~~~~~~~~~~~~
~
"
I
,
CONDITIONS AND STIPULATIONS OF THIS POLICY
1, The Company shall have the right to, and will, at its own cost and
expeo,", defend the title insured by this Policy in any action of ejectment or
other action or proceeding founded upon a claim of title, encumbrance or defect,
which existed, or is claimed to have existed prior in date to the effective date
of this Policy, and not excepted herein. In case any such action or proceeding
shall be begun, it shall be the duty of the Insured at once to notify tbe
Company in writing of tbe full particulars thereof and secure to the Company
tbe right to dcfend sucb action or proceeding in the name of the Insured and
to give all reasonable assistance tberein. Failure to notify tbe Company as
aforesaid at its Home Office, within ten (10) days after process or notice in
such action or proceeding sball be served upon the Insured, shall operate as a
full release and discharge of tbe Company from any and all liability witb
respect to the subject matter of such action or proceeding; provided, however,
that failure to notify tbe Company as aforesaid shall not prejudice the claim of
tbe Insured if the Insured shall nol be party to such action or proceeding; nor
be served with summonses, process or notice therein; nor have any knowledge
thereof, Tbe Company reserves the option of settling the claim or paying the
Policy in full; and the payment, or tender of payment, to the full amount of
tbis Policy shall operate as a full release and discharge of the Company from
any and all liability under Ibis Policy,
2, Whenever the Company shall have settled a claim under this Policy, it
sball be suhrogated to tbe rights and remedies of the Insured against any other
person or property in respect to t.he subject matter of such claim and the
fnsured shall transfer or cause to be transferred to the Company such rights,
securities and remedies and permit the Company to use the name of the
Insured for the recovery thereof. Any sum collected on sucb rigbts, securities
and remedies over and above the amount of loss paid by tbe Company sball
belong, and on demard shall be paid to the Insured, The Insured warrants that
such rights, securities and remedies shall vest in the Company unaffected by
any act of the Insured.
3, Nothing contained in this Policy shall be construed as insuring against
loss or damage by reason of fraud on the part of the Insured, or by reason
of claims arising under any act, thing, or trust relationship done, created,
>uffered or permitted by the Insured; or by reason of the fact that the Insured
was not a purchaser for value, or that the acquisition of the estate 0.1' interest
hereby insured cootravened the laws of the United States establishing a uniform
system of bankruptcy; or against the rights of dower and homestead, if any, of
the spouse of the Insured; nor will the Company be liable in any event for any
loss or damage arising from the refusal of any party to carry out any contract
to purchase, lease or loan money on the estate or interest insured.
4, A statement in writing of any loss or damage for which it is claimed the
Company is liable shall be furnished to the Company within sixty days after
such loss or damage, and no right of action shall accrue under this Policy until
thirty days after such statement shall have been furnished and no recovery
shall be had under this Policy unless action shall be commenced thereoo within
one year after the expiration of said last mentioned period of thirty days; and
a failure to furnish such statement of loss or damage, and to commence such
action within the time hereinbefore specified, shall be a conclusive bar against
the main tenance of any action under this PoHcy.
. 5, All payments under this Policy. or any owner's policy issued to the
Insured's vendee or vendees covering any part of the property described bertin,
shall reduce the amount of insurance pro tanto, aDd DO payment can be
demanded without producing the Policy for endorsement of such paYlDent, If
the Policy be lost or destroyed, indemnity satisfactory to the Company must be
furnished. It is expressly understood and agreed that any loss payable under
this Policy may be applied hy the Company to the payment of any mortgage
mentioned in Schedule B. the title under which is insured by the Company, or
which may be held by the Company, and the amount so paid shall also be
deemed a paymeot to the Insured under this Policy. The aggregate liability
of the Compaoy under thL. Policy and any policy issued to the holder of such
mortgage shall not exceed the amount of this Policy,
6. Nothing contained in Ihis Policy shall be construed as insuring (I)
against the consequences of any law, ordinance, or governmental regulation
(induding building and "zoning" ordinances) limiting or regulating the use or
enjoyment of the property herein described or the character, dimensions, or
locations of aoy improvements erected or to be erected thereon, or (2) against
the consequences of the exercise or attempted exercise of "police power" or the
power of lleminent domainu over said property, or (3) the title to aoy personal
property, whether the same be attached to or used in connection with the
property hereby insured or otherwise, or (4) the title or rights of the Insured
in any property heyond the line of the property described in Schedule A, or
in any streets, roads, avenues, lanes or ways in said property or upon which
said property abuts. or to tide lands or lands comprising the shores and bottoDlll
of navigable rivers, lakes, hays, ocean or gulf, or lands beyond the line of the
harbor or bulkhead lines as established or changed by the United Stat01l
Government, or to filled in lands or artificial islands or riparian rights, or (5)
that tbe buildings or other erections on the property comply with State aod
Municipal laws, regulations and ordinances, or (6) against loss or damage
by reason of mechanics' or materialmen's liens, liens of contractors, sub..
contractor3 or other liens arising out of the construction or repair of buildings
and improvements on the property. the tille to which is hereby insured, not
filed or of record at the effective date of this Policy, or (7) against loss or
damage by reason of the rights, titles or occupancies of parties in actual posses-
sion of any or all of the property herein described at the effective date of this
Policy. or (8) the acreage or area contained in a given tract, nor accuracy or
location of boundary lines, nor tbe location or contiguity of tbe interior lines
of any parcels making up such property, unless an accurate survey of the
property described is furnished. or (9) against acts done or suffered by the
Insured and oot disclosed by the application upon which this Policy was issued.
7, The Company shall not be' liable hereunder for the cost and e:<pense
incurred in tbe satisfaction or removal of liens upon or objections to the title,
which were found upon examination of title to exist at the effective date of
this Policy. but whicb shall have been satisfied or removed prior to the date of
the actual delivery of this Policy,
8, If the property described in Schedule A is divisible into separate
independent parcels and a loss is established affecting one or more of said
parcels, the loss shall be computed and settled on a pro rata basis as if the face
value of this Policy was divided pro rata as to the value of each separate
independent parcel, exclusive of the improvements made subsequent to the date
of this Policy. to the whole,
9, Defects and encumbrances, arlSlng after the effective dale of this
Policy, or created, suffered, assumed or agreed to by the Insured, and taxes and
assessments which have not become liens up to the effective date of this Policy,
or which, although they have become liens, are not payable until some future
date or in future installments, are not to be deemed covered by this Policy;
and no approval of any transfer of this Policy shall be deemed to make it cover
any such defect, encumbrance, taxes or assessments.
10, Any untrue statement made by the Insured. or agent of the Insured,
with respect to any material fact; any fraud perpetrated; any suppression of or
failure to disclose any material facts; any untrue answer by Ihe Insured, or
tbe agent of the Insured, or tbe agent to tbe Insured, to material inquiries
before the issuing of this Policy, shall void this Policy.
11. The term "the Company" as herein used, means CHELSEA TITLE
AND GUARANTY COMPANY. and the term "the Insured" means the person
or persons in whose favor this Policy is issued.
12, No officer, agent or other representative of the Company, shall have
the power to waive any of the conditions or stipulations of this Policy, except
the President or one of the Vice-Presidents of the Company. and such waiver.
if any, shall be writteo upon or attached bereto,
This Policy necessarily relates solely to the title prior to and including its "effective date" as herein defined.
This Policy is not transferable to subsequent owners. A Reissue Policy in favor of new purchasers should be
obtained.