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Home My WebLink AboutLake Pickett Properties, Inc. -1989 06 29~UALITY TITLE & GUARANTY CO., INC. 1523 W. Broadway ^ Oviedo, Florida 32765 ^ (305) 365-8030 _~ July 7, 1989 ^~-~^~ The City of Winter Springs .1UL1 41988 1126 East State Road 434 Winter. Springs, FL 32708 CITY OF WINTER SPRINGS CIT:~ HALE; ,~--- RE: LAKE PICKI;TT'PROPERTI~S, INC. SALE TO CITY OF WINTER SPRINGS OUR FILE N0. 1170-8g Dear Sirs: In connection with the closing on the above referenced transaction, please find enclosed your Owner's Title Insurance Policy ~~FLOM-82404 in the amount of $794,541.00 together with your original recorded Warranty Deed. To qualify for Homestead Exemption you must take your Warranty Deed to the County tax Assessor's Office between January 1st and February 28th of the year following your closing date, ie, if you closed in January of 1989, you would file for Homestead in 1gg0, if you closed December of 1989, you would file for Homestead in 1990. Failure to make propee claim could result in paying higher taxes on your property. NOTE, ONLY IF APPLICABLE IN YOUR CASE.. In the future, if you should sell or refinance your home, please remember that we have a complete record of your transaction in our files and can give you prompt and efficient service. It has been our pleasure toyassist you in this matter and should you have any quesitons please feel free to contact our office. Very truly yours, QUAL TY TI G AN CO., INC ammi L. Tul /tlt OWNERSHX.LTR ~~ ENDORSEMENT National Attorney's Title Insurance Company Endorsement No. ~ to Policy No.: FLOM-82404 Name of Original Insured: CITY OF WINTER SPRINGS, A MUNICIPAL CORPORATION Original Effective Date: ~~ 29, 1989 AT 9:22 A. M. Original Amount of Insurance: $ 794 , 541.00 Agent's File Reference1170-89 The policy is hereby amended as follows: SCHEDULE B IS HEREBY AMENDED TO READ: ITEMS 1 THROUGH 5 ARE HEREBY DELETED. but in all other respects remains unchanged. ~.`~~i``y5~ POgE ~`rG,-%~ =0=:•4~P q,e'•;y2: National Attorneys' _~: _~~ SEAL m= Title Insurance Company ;~:, ,~ :o .~~~rNFW YOQ,i,aa`~: '~~ ~, ' ~N it uxxnx"~ By Charles J. Kovaleski President zeta 've Secretary Countersigned Authorized Officer or Agent EVELYN W. CLONINGER NATICO Form E (SM 9/85 DSI) ~UALITY TITLE Rc GUARANTY CO., INC. 1523 W. Broadway ^ Oviedo, Florida 32765 ^ (305) 365-8030 May 15, 1989 The City of Winter Springs, Florida 1126 East State Road 434 Winter Springs, Florida 32708 Attn: Richard Rozansky, City Manager RE: LAKE PICKETT PROPERTIES, INC. SALE TO THE CITY OF WINTER SPRINGS, FLORIDA OUR FILE N0. 1170-89 LOTS 11, 12 AND 13, BLOCK B, D.R. MITCHELL'S SURVEY Dear Mr. Rozansky: In connection with the closing on the above captioned transaction, please find enclosed the following: 1. Our Title Insurance Commitment No. FLC-76526, insuring your inerest in the subject property in the amount of $794,541.00; 2. Copies of items appearing on Schedule B, Section II; I trust that you will find the above in order, however, should you have any questions, please feel free to contact my office. Very truly yours, QUALITY TITL & GUARANTY CO., INC. Can ace Scott /s be BINDER.LTR ~~'~0 ~.,s~ ~~~~ ~ l~eveloAmetrt ti . COMMITMENT FORM SCHEDULE A FLC-76526 MARCH 5, 1989 , Commitment No.: Effective Date: Agents File Reference: AT 7:00 P.M' 1. Policy or Policies to be issued: Proposed Amount of Insurance OWNER'S: $ 7 9 4, 5 41.0 0 Proposed Insured: THE CITY OF WINTER SPRINGS, FLORIDA LOAN: Proposed Insured: 1170-89 2. The estate or interest in the land described or referred to in this commitment is a fee simple (if other, specify same) and title thereto is at the effective date hereof vested in: LAKE PICKETT PROPERTIES, INC. 3. The land referred to in this commitment is described as follows: LOTS 11, 12 AND 13, BLOCK B OF D. R. MITCHELL'S SURVEY OF THE LEVY GRANT, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK "1", PAGE 5, PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA. ISSUED BY ~ ALITY TITLE & GUARANTY CO., I 1 23 WEST BROADWAY ~ IEDO, FLORIDA 32765 Member # 14147 AUTHORIZED SIGNATORY EVELYN W. CLONINGER NATIC form C-SCH. A M08 062 COMMITMENT FORM. FLC-76526 Commitment No.: SCHEDULE B I. The following are the requirements to be complied with: Payment of the full consideration to, or for the account of, the grantors or mortgagors. 2. Instruments creating the estate or interest to be insured which must be executed, delivered and filed for record: a. WARRANTY DEED TO BE EXECUTED BY JOHN W. EVANS, JR., PRESIDENT OF LAKE PICKETT PROPERTIES, INC. TO THE CITY OF WINTER SPRINGS, CONVEYING THE SUBJECT PROPERTY. b. PROOF THAT LAKE PICKETT PROPERTIES, INC. IS A CORPORATION IN GOOD STANDING. c. FILE OF RECORD A CERTIFICATE OF GOOD STANDING. II. Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company: 1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this commitment. 2. Any owner policy issued pursuant hereto will contain under Schedule B the standard exceptions set forth at the inside cover hereof. Any loan policy will contain under Schedule B the standard exceptions unless an affidavit of possession and a satisfactory current survey are submitted, an inspection of the premises is made, it is determined the current year's taxes or special assessments have been paid, and it is determined there is nothing of record which would give rise to mechanics' liens which could take priority over the mortgage (where the liens would otherwise take priority, submission of waivers is necessary). 3. TAXES FOR THE YEAR 1989 AND SUBSEQUENT YEARS WHICH ARE NOT YET DUE AND PAYABLE. 1988 TAXES PAID $329.65, ID# 26-20-30-5AR-OB00-0110-0-0. 4. ALL MATTERS AS SET FORTH IN THE PLAT OF D. R. MITCHELL'S SURVEY OF THE LEVY GRANT, AS RECORDED IN PLAT BOOK 1, PAGE 5, PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA. 5. ORDINANCE N0. 333, AS RECORDED IN OFFICIAL RECORDS BOOK 1696, PAGE 0491, PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA. NATICO Form C-SCH. B 4-24-80 ~"`"""'1""' ` '~,~ - ____ _ - , • ~~ j , ORDINANCE N0. 333 ~ c' u9 o r rn to AV Oi2UIfdANCE OF THE CITY OF WINTER SPRINGS, FLORIDA TO '= o r , rn EXT'ENT' ITS TERRITORIAL AND MUNICIPAL LIMITS = TO AN:JEX THE ; HE _ u REINAFTER DESCRIBED LANDS SITUATE AA'D BEING IN SEMItiOLE "' x COL'YTY, FLORIDA, PURSUANT TO FLORIDA STATUTES 171.044; ~' o ~ ~ -~ PROVIDING FOR LAND USE CLASSIFICATION AND 7_JNING OF THE te- -~- '~~; `~ r .iiiii,iEl,T YKVYEKIT;YHUV1ll1NG FOK THE AMENDMENT OF THE CD ~:~ '~ " f OFFICIAL ZONING MAP; PROVIDING DIRECTIONS TO TFiE CITY -' trt ~ i >Y CLERK; SEVERASILITY; CONFLICTS; AND EFFECTIVE DATE. `'~ WHEREAS, Lake Pickett Properties, has petitioned the City Commission z I 4.. i) of the City of Winter Springs, Florida, to znnex the properties described as - iI " follows for the owners thereof: __; ; Lots 11, 12, d 13, Block B, U. R. Mitchell's Survev of t-. the i.evy Grant, P. B. 1, Page ~, Y. R. of Seminole County, F1o:ida. r (+'iiF.RF.AS, the Charter of rile City of Winter Spri.r.g~ provides fur the ~, ~, annexation of property into the corporate limits when enacted by an ordinance of the City, and pursuant to a petition of the landowners; .,nd '''~i [tiHERF.AS, Florida Statute 171.044 of the Genera! Laws ot" Florid a pre- t:~ ;~ ' vides [hat a municipal corporation may annex property into its corporate limits, upon the vulur,tary petition of [he owners, by passing and adu tin a - p h nc,n ~' ,, ec~ _eT'~c;~ ordinance [n anne:< Said property; and the City Cornmi5sion of the CiC;~ o[ '.;inter .;prin;~~, E"lorida, . ._;iro~t~ .>t anne::in~; ;uui redetininr; r' _ boundaries of tite ;~.tniri;,,:i) LC, Cu ~ ...~ .:de tii,• ,i~'~,i„ct pr .,ct~: .~,rsttant to the autitori. ~ :~t~it~:in :it t:i[: ~.._. c~t [lit ':iC'. of '.:i-~t~T ~,r~ F?uririu, ,_nd it ril.i _.t~tt.,ta ~ .U=.'~, ~' ~~ t~ rtiL:zEF~~HE, rr?E r? r~ c)i~ w[~:rt:K si't~t~,~,s. ? t~ ,, St(1:G'~ 1 - ~fh~it Che CfCv ~f' t«inter 5prin,,s. Florida. ,!,~,••: f~.,.r,..icit ~~ _. :.~ hereh; a,tnea ar.d redet ine the boundrtrv ineti ~~t chr a i i 1 i ' ~ c :~ ~ [ . . [: ~ ._. o! ,'iut .•r Sarin., ,'!nr i:ln, h• int: L!:din.. tii~~., „•r ,.,,, , land:: l;in;: in .,.~:~inoie Count;, Florida, nn,i ru~rc parcic~:l:t:~l; ~.. .~rih~•~! ,; N,: =' I .ollt,ws: , I „C., I 1 I . ', 1 1, !;l..rk k. It. k. .`ticrii~ 11 "~,'rrl nu' .,I- t'~t~r I i :f .~. : ' t~._ ~~ - tti.IC CIF~• I~t C'i fl:l,~: !tt't~rt'lll~.•1t C11.1'. 1 i 1~~•1 '1 .~ I.I :'.I 1~.~_ f 1 .. ~ _.~ ~, ~~I ~rl t)l' r~.•t.'.n~l(~•~~ ii! .1~ ~ tl;~..' ht'r~.'1~. .11::1'•: .'i! .'t . ~. j. ~ , r t ' ( y ~ .~ 1 ~yl`~~ ~~ ~~ ~~ ~'~ r 1 ~ ri'; ~~~ ~ E;. ~ > r >;1,;~ ,'~ • 4 _' i d^. _~~ ~i ~s, sr ~~ E •.~~ i 'i ~s .t ~~ ;'~ E a ~, f ~' r i , #~ . al r ~, r' ~ s ' .;; .y: i ` ~ i' Y ~{ i. ~:~ i. k~~ ~ 4 f, ~` ~, ~f ~', .( .~ ~ • :r , av ~ ~ 1.1. _. ~p ~. ~ . ~~ ;;, :. ~~ ~; ~r_;: { `, , ~ j; ~ f). ~~ l 1 1` ~ i ~ J 1 .~{ +(P a"L~: ~ ,i i 1 `(` 4 ''r~ ~,b, 1' S + r, _,~°~ i ;~,~.~ r. Yt; ~'1` _J ~'. SECTION III - ,T _ _____________ hat the Adopted Land Use Map and Official Zoning Map of the City of Winter Springs, Florida, are hereby amended to include c~ rn the annexed properties in the hereinafter designated land use classiflcation~=t ~ ~` rn and zoning category. ° _= m ' G O SECTION IV -That upon passage and adoption of this ordinance the -,, ~, .` ~ '~ -n .City Clerk is hereby directed to file a certified eopy of this ordinance with ev the Clerk of the Circuit: Court in and for Seminole County, Florida, and to file a certified copy with the Department of State of the State of Florida. SECTION V - That if any section or portion of a section or subsection o£ this ordinance proves to be invalid, unlawful, or unconstitutional, it shall ne' be held to invalidate or impair the validity, force, or effect of any other section er portion of a section or suhsecti.on or part of this ordinance. SECTION VI - That all ordinances cr part.; of ordinances in conflict herewith are hereby repealed. ~Et:CiO.~ VI7 - "Chat C~:is ordinance shall take effect immediately upon its final passage and adoption. Passed and adop[E•d this ~~~ da,: o: /~, ~ 1985. ~,II'( ()r ldI':'IE:K SPBi':CS, FLG_{ID:1 r -- . ~ y~i ~~ r. ,. r t ... - -• :_-. i 7 . -. ~1_~~ ~ 7 _ `~' fir. ke:t~iin~; 1~~!1',jt;j f S~con~l kr~:u"_ a:~d f ~.h, ,~ rir~aria, 1 `~„~~, 'r, ~T / `-D //7 $E~~\ 7 .. %) T N n - _ CJi . A CI r ~~ ") C71 r~ ,~ ~~ ~ _ ~ _ s. ,- ~..k~ a' ,, ;:a ;. _ . ~"~,I .~' ~~ ~.~~~ •. ........ ... .... -~.. .o. > f' e ~. . M .. ~, .,.~~-- ~..;,,,ti,~~--~--/. ~ LAKE J ~ s s u P. ~ :,, ., .,~; : , ~. .. .. •; i ~r • . 1' ,, .. , c. r~.l4i~wMI~T~~i/H.~ `~~i itr to J..._t¢ ~ e .k ''• ; ri .~, ~ ;' ,., ~ ,,: n~1. R` 1-_ , ~ rff ~ ~ Ira' : rf •_ ~`~y .,~+~~.~ /#IY~~Aq /iM/ r. r ,a,~r7 yt~ ~ ~ ~ //f ~y,>~ ~- ~~y ,/ ~ ray , ~~ , c r 1 ~,yp` '' ' } .T ~, <^l~l ~ 7 ~ ~ r ' ,n ll+~`Yl'{rf ~ 4 ~ ~ ff ~ . r j. T yy ~ .t. ;a ~.. ~ .i'.AY ~ ,,b,,1~rr ,.. + ..~~. 1~~.,.~,t ,{~ i~';M~ ~n. ~~~a~ ..y t , ' •1~ ~ '~'~~ ~ °~~'~ _c, r w 7+eYa4 .1~ ~~. L~~ '~ ~f __ .~ ./ _..a _ d'~ .•w,_•~F~~~~'tl' F ~"Y••...n ~:ch.~,21:.: .~. .iZ ['~t_ i' •t' S;_ - `r. •i EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 2. Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or reduction in the dimensions or area of the land, or the effect of any violation of any such law, ordinance or governmental regulation. 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 and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate of interest insured by this policy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. 2. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records at Date of Policy. 4. 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. CONDITIONS AND STIPULATIONS 1. Definition of Terms The following terms when used in this policy mean: (a) "insured": the insured named in Schedule A, and, subject to any rights or defenses the Company may have had against the named insured, those who succeed to the interest of such insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal representatives, next of kin, or corporate or fiduciary successors. insured, or so long as such insured shall have liability by reason of covenants of warranty made by such insured in any transfer or conveyance of such estate or interest; provided, however, this policy shall not continue in force in favor of any purchaser from such insured of either said estate or interest or the indebtedness secured by a purchase money mortgage given to such insured. 3. Defense and Prosecution of Actions -Notice of Claim to be given by an Insured Claimant (b) "insured claimant": an insured claiming loss or damage hereunder. (c) "knowledge": actual knowledge, not constructive knowledge or notice which may be imputed to an insured by reason of any public records. (d) "land": the land described, specifically or by reference in Schedule A, and improvements affixed thereto which by law constitute real property; provided, however, the term `9and" does not include any property beyond the lines of the area specifically described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but nothing herein shall modify or limit the extent to which a right of access to and from the land is insured by this policy. (e) "mortgage": mortgage, deed of trust, trust deed, or other security instrument. (f) "public records": those records which by law impart constructive notice of matters relating to said land. 2. Continuation of Inwrance after Conveyance of Title The coverage of this policy shall continue in force as of Date of Policy in favor of an insured so long as such insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from such (a) The Company, at its own cost and without undue delay, shall provide for the defense of an insured in all litigation consisting of actions or proceedings commenced against such insured to the extent that such litigation is founded upon an alleged defect, lien, encumbrance, or other matter insured against by this policy. (b) The insured shall notify the Company promptly in writing (i) in case any action or proceeding is begun as set forth in (a) above, (ii) in case knowledge shall come to an insured hereunder of any claim of title or interest which is adverse to the title to the estate or interest as insured, and which might cause loss or damage for which the Company may be liable by virtue of this policy. If such prompt notice shall not be given to the Company, then as to such insured all liability of the Company shall cease and terminate in regard to the matter or matters for which such prompt notice is required; provided, however, that failure to notify shall in no case prejudice the rights of any such insured under this policy unless the Company shall be prejudiced by such failure and then only to the extent of such prejudice. (c) The Company shall have the right at its own cost to institute and without undue- delay prosecute any action or proceeding or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as insured, and the Company may take any appropriate action under the terms of this policy, whether or not it shall be liable thereunder, and shall not thereby concede liability or waive any provision of this policy. CONDITIONS CONTINUED ON INSIDE BACK COVER i 1 } a --J ~ a ~ o ~ Zz ~ V x ~..m~ o ~oo'° o o° ~ I o ~~ O ~ ~ "O~ ~' , Q~N t N 0p ~00\ ~ ~ C z ~~ ~ ^~ ~, ~.; C '~ m y ~ 0 0 ~~~ ~ O anti mm~ o~ ~Z'~ ~ ~ ~ ~ ~~~_ ~ O ~~~ c ~ U ~ ~ O v Q • OWN$R'S FORM SCHEDULE B Policy No.: FLOM-82404 This policy does not insure against loss or damage by reason of the following exceptions: 1. Taxes for the year of the effective date of this policy and taxes or special assessments which are not shown as existing liens by the public records. 2. .Rights or claims of parties in possession not shown by the public records. 3. Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate survey and inspection of the premises. 4. Easements, or claims of easements, not shown by the public records. 5. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 6. TAXES FOR THE YEAR 1989 AND SUBSEQUENT YEARS WHICH ARE NOT YET DUE AND PAYABLE. 1988 TAXES PAID $329.65, ID~k 26-20-30-5AR-OB00-0110-0-0. 7. ALL MATTERS AS SET FORTH IN THE PLAT OF D.R. MITCHELL'S SURVEY OF THE LEVY GRANT, AS RECORDED IN PLAT BOOK 1, PAGE 5, PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA. 8. ORDINANCE N0. 333, AS RECORDED IN OFFICIAL RECORDS BOOK 1696, PAGE 0491, PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA. OWNER'S FORM SCHEDULE A Policy No.: FLOM-82404 Effective Date:JUNE 29, 1989 Agent's File Reference: 1170-89 AT g:22 A. M. Amount of Insurance: $ 794, 541.00 I. Name of Insured: CITY OF WINTER SPRINGS, A MUNICIPAL CORPORATION 2. The estate or interest in the land described herein and which is covered by this policy is a fee simple (if other, specify same) and is at the effective date hereof vested in the named insured as shown by instrument recorded in Official Records Book 082 ,Page 1640 of the Public Records of EMTNO . County, Florida. 3. The land referred to in this policy is described as follows: LOTS 11, 12 AND 13, BLOCK B OF D. R. MITCHELL'S SURVEY OF THE LEVY GRANT, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK "1", PAGE 5, PUBLIC RECORDS OF SEMINOLE COUNTY, FLORIDA. ISSUED BY QUALITY TITLE & GUARANTY CO., INC. 1523 WEST BROADWAY OVIEDO, FLORIDA 32765 ~ AGENT ~~ 14147 ~~,, AUTHORIZED SIGNATORY EVELYN W. CLONINGER