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HomeMy WebLinkAboutcoa.lu.co.328 Park Ave.A104-012737-181-00-045 A104-01 328 Park Ave. Condominiumization C C 7U4G COMMUNITY DEVELOPMENT DEPARTMENT 130 South Galena Street Aspen, Colorado 8161 1 (970) 920-5090 City of Aspen Land Use: 1041 Deposit 1042 Flat Fee 1043 HPC 1046 Zoning and Sign Referral Fees: 1 163 City Engineer 1205 Environmental Health 1190 Housing Building Fees: 1071 Board of Appeals 1072 Building Permit 1073 Electrical Permit 1074 Energy Code Review 1075 Mechanical Permit 1076 Plan Check 1077 Plumbing Permit 1078 Reinspection 1079 Aspen Fire t Other Fees: 1006 Copy i 165 Remo Fee 1302 GIS Maps 1303 GIS Fee 1481 Housing Cash in Lieu 1383 Open Space Cash in Lieu 1383 Park Dedication 1468 Parking Cash in Lieu Performance Deposit 1268 Public Right-of-way 1 164 School District Land Ded. TOTAL i NAME: ADDRESS/PROJECT: PHONE: CHECK# CASE/PERMIT#: DATE: # OF COPIES: INITIAL: CASE NUMBER A104-01 PARCEL ID # 2737-181-00045 CASE NAME 328 Park Ave. Condominium ization PROJECT ADDRESS 328 Park Ave. PLANNER James Lindt CASE TYPE Condom iniumization OWNER/APPLICANT 328 Park Ave. LLC. REPRESENTATIVE Micheal Feigenbaum DATE OF FINAL ACTION 12/10/01 CITY COUNCIL ACTION PZ ACTION ADMIN ACTION Plat Recorded BOA ACTION DATE CLOSED 12/11 /01 BY J. Lindt PARCEL ID: 2737-181-00045 10/31/0T S:[----IF7 CASE NO A104-01 CASE NAME: 328 Park Ave. Condominwmization PLNR:' James Lindt PROJ ADDR: 328 Park Ave. CASE TYP: Condominiumization STEPS: OWN/APP: 328 Park Ave. LLC. ADR CIS2: REP: Micheal Feigenbaum ADR: 420 E. Main St , ste 20 C/S/Z: Aspen/CO/81611 925-5196 FEES DUE: 280 FF 180E FEES RCVD: 460 REFERRALS REFF BY DUE: MTG DATE REV BODY �'-P"H� NOTICED' 1 ----� DATE OF FINAL ACTIONN : CITY COUNCIL: REMARKS'lop PZ: CLOSED: 1 ) ^ ( BY: BOA: L r .V" PLAT SUBMITD: PLAT DRAC. T(BK,PG): (r��� ���i - �; ADMINI ._ -�1� i� zj MEMORANDUM To: James Lindt, Community Development From: Richard Goulding, Project Engineer Date: November 5, 2001 Re: Park Ave Condominiumization I fhT Ae as is dose not represent a accurate survey as Northern most building under construction falls outside the property line A vicinity map of scale 1:400 is required Describe all monuments stating whether found or set, where is the monuments on the North line What dose the shaded area to the East and West of the property represent i Show names of all abutting streets and properties Show basis of bearing on Plat G Show both trash and snow storage areas on the Plat The follow certificates need to be signed before the engineering department will sign Owners Cert. Mortgagee's Cert Surveyor's Cert. Com Dev Approval Title Cert. 9) Submit another paper Plat for final review before printing mylars MEMORANDUM To: James Lindt, Community Development From: Richard Goulding, Project Engineer Date: November 15, 2001 Re: Park Ave Condom iniumization 11/1) The follow certificates need to be signed before the engineering department will sign Owners Cert. Mortgagee's Cert l- Surveyor's Cert. - �`� }- 5 ! bvV q_d + sha�kp Com Dev Approval "Title Cert. I Tie the basis of bearing into a city or USGS monument �3) Show arrows to shaded areas to indicate that area is ROW 4) The North monument symbols differ from both the legends and other symbols 0 0 MEMORANDUM To: Michael Feigenbaum Paul Nicolleti From: James Lindt, City of Aspen Planning Technician Date: November 5, 2001 Re: 328 Park Ave. Condominium Map- Community Development Department's Comments e�/Describe parcel directly under the Plat Title. S�( Change date on Community Development Director's signature block g Y P g 3./to 2001. Encroachment on the north side of property must be removed. It was not annroved_o���Prmit site elan. , 4. Include a plat note that states that when construction is completed, a revised condominium la nd recorded. Label enera Common Ee`nts and Limited Common Elements on `the Condo Pla 6. -Afrot e City Engineer's Comments must be reflected on the final set of two mylar plats in addition to the Community Development Department's comments. 7. Obtain all signatures with the exception of the City Community Development Director, City Engineer, and Pitkin County Clerk and Recorder prior to submitting mylars to Community Development Department. MEMORANDUM TO: Plans �e routed to those departments checked -off below: �! .......... City Engineer O ........... Zoning Officer O ........... Housing Director O ........... Parks Department O ........... Aspen Fire Marshal O ........... City Water O ........... Aspen Consolidated Sanitation District O ........... Building Department O ........... Environmental Health O ........... Electric Department O ........... Holy Cross Electric O ........... City Attorney O ........... Streets Department O ........... Historic Preservation Officer O ........... Pitkin County Planning FROM: James Lindt, Planning Technician Community Development Department 130 So. Galena St.; Aspen, CO 81611 Phone-920.5104 Fax-920.5439 RE: 328 Park Ave. Condominiumization Parcel ID #2737-181-00-045 DATE: October 31, 2001 COMMENTS: Please return comments to me by November 9th. Thank You, James Lindt • • 130 S. Galena St. Aspen CO 81611 (970)920-5090 (970) 920-5439, fax To: Mick ae, I Feie*„b rom: I V C4W le-S J-41, Fax: Z 5 " 5 Pages: Phone: Date: I 7 61 Re: 3ZFI CC: C-OpIdo IA Cot�/'1 v1'1 N 5 ❑ Urgent ❑ For Review ❑ Please Comment ❑ Please Reply ❑ Please Recycle • Comments: Hit A"CkIC(Vt1 folle-445f- �1'94d a#-0 CjA C G 4-il e K H jre v I'N - -#*,a v w +e r&5 25 4 evo7 , l S I/ 5 5 / P(,jPf,v- GOP o�P �ke, p)a� W1 choI43 5 1M Ad e- IC'C(seC1 CPA, the' CeK'iw�K�'I,i"y 4ev. pepf g1 -5 P ot^ -Fv s�,b►M'���� MV 1 ars. y'�ah ins ) a • 130 S. Galena St. Aspen CO 81611 (970) 920-5090 (970) 920-5439, fax To: \ Q �� rr I C. !"'PI rom� ,6P �- Gt wi 1I Fax: S 5`J Pages: Phone: Date: 5 Re: 3v k /7 V Ci . CC: C,OrlCA0 PI O f- 60l+iiAf-LA -S ❑ Urgent ❑ For Review ❑ Please Comment ❑ Please Reply ❑ Please Recycle • Comments: N l" MI"(-hcIet/ /3/e4.5e- PfltiCj q#acA ed �4,c Ovt %he- 31F Poirk fiVe. CoKclD Ajcj� Tk%C1, Gl� i-Y C-�Agf�,c-c✓ti'�A ,Q epa v�-w�eh�'s 60rMwi(tv4s ShoGtic) ital -�orwaVC1fecl to yak sooAI_ �L1 G jet IM � !Q tj �'v� 0 77� 130 S. Galena St. Aspen CO 81611 (970) 920-5090 (970) 920-5439, fax To: Paul Nicoletti From: James Lindt Fax: (760) 564-5758 Pages: 3 (including cover) Phone: Date: 11 /8/01 Re: 328 Park Avenue Condo Plat Comments CC: ❑ Urgent ❑ For Review ❑ Please Comment ❑ Please Reply ❑ Please Recycle • Comments: Hi Paul, Please find attached the Community Development Department and City Engineer's comments. Please have your surveyor make the requested amendments. The City Engineering Department is asking that you re -submit a corrected paper copy of the plat for review prior to submitting mylar copies because of the issue with accuracy of the survey. If you have any questions, please contact me at 920-5104. Thanks, James Lindt 130 S. Galena St. Aspen CO 81611 (970) 920-5090 (970) 920-5439, fax a MV To: Michael Feigenbaum From: James Lindt Fax: 925-4559 Pages: Phone: Date: 11 /15/01 Re: 328 Condo Plat Comments CC: ❑ Urgent ❑ For Review ❑ Please Comment ❑ Please Reply ❑ Please Recycle • Comments: Hi Michael, Please have the surveyor make the changes to the plat requested by the City Engineer on the attached memo and have changes #4 and 5 made from my comments to you that are attached. You are ready for mylars as soon as the requested changes are made. Thanks, James Lindt • CHARLES T. BRANDT (1939-2001) GARRET S. BRANDT MICHAEL FEIGENBAUM PETER P. DELANY, LEGAL ASSISTANT CHARLES T. BRANDT & ASSOCIATES, P.C. ATTORNEYS AT LAW US BANK BUILDING 420 EAST MAIN STREET, SUITE 204 ASPEN, COLORADO 81611 TELEPHONE: (970) 925-5196 FAX: (970)925-4559 E-MAIL: cbrandj@rof. net October 31, 2001 By Hand Delivery Mr. James Lindt Community Development Department 130 South Galena, 3rd Floor Aspen, CO 81611 BASALT OFFICE: 132 MIDLAND AVENUE, SUITE 4 BASALT, COLORADo 81621 TELEPHONE: (970) 925-5196 FAx: (970) 925-4559 MICHAEL FEIGENBAUM E-MAIL: mbf(@rof.net Re: Application for Subdivision Exemption for Condominiumization 328 Park Avenue, Aspen, Colorado Dear James: Please review this application for the following: Subdivision Exemption for Condominiumization, 328 Park Avenue ( r%rla Cartinn 26.480.090 26.304.030 In connection with your review, I have enclosed a check in the amount of $460 for the Planning and Referral Agency fees. Background 328 Park Avenue, LLC, a Colorado limited liability company, the applicant hereunder, owns the property located at 328 Park Avenue, Aspen, Colorado, legally known as A tract of land in the Northeast one -quarter of Section 18, Township 10 South, Range 84 West of the 6`h P.M., being part of the Mascotte Lode U.S.M.S. No. 5867. Said tract is more fully described as follows: Beginning at a point on the South end line of said Mascotte Lode, whence corner One of the Mascotte bears N 89°46' W 156.90 feet; thence S 89°46' E 138.76 feet along the South end line of said Mascotte Lode; thence N 04°54' W 110.44 feet; thence N 89°46' W 132.39 feet to the Easterly right of way of Park Avenue' thence Southerly along the Easterly right of way line of Park Avenue S 03°05' E 75.23 feet; thence S 01°36' W 34.90 feet to the point of beginning. And as more particularly shown on the Vicinity Map attached hereto as Exhibit A and the Condominium Plat prepared by Hired Gun Surveying Ltd. attached hereto as Exhibit B. The applicant submits this application in order to divide the property into two (2) condominium units, as more fully depicted on the Condominium Plat. As evidence of ownership of the subject property, a title policy issued by Pitkin County Title, Inc. is attached hereto as Exhibit C. Also, the applicant's letter confirming that I am its representative for purposes of this Application is attached hereto as Exhibit D. Copies of prior approvals for the subject property are attached hereto as Exhibit E. Lastly, I note that there is no existing plat of record for this property (Item 6 on the Pre -Application Conference Summary, attached hereto as Exhibit F). Criteria for Approval The applicant has satisfied the criteria for the Subdivision Exemption for Condominiumization described in Section 26.480.090 of the Land Use Code, and the development review procedures described in Section 26.304 of the Code. Under Section 26.480.090, the applicant has, pursuant to this Application, submitted for the Planning and Engineering Department's review, a Condominium Subdivision Plat consistent with the requirements described in Subsection (B)(1)(b) thereunder. Under Section 26.304, the applicant has satisfied Section 26.304.020 (Pre -application conference) and hereby has submitted the information and materials described in Section 26.304.30 (B). Lastly, the applicant has satisfied Section 26.304.040 as it owns in fee 100% of the subject property. Please call me with any questions you have relating to this application or any of the information or materials submitted herewith. Thank you for your time and assistance in the prompt completion of this matter. Enclosures cc: Paul Nicoletti Sincerely, CHARLES T. BRANDT & ASSOCIATES, P.C. T By c, v�� Michael Feigen m 2 DEED OF RIGHT-OF-WAY 328 PARK AVENUE LLC, a Colorado limited liability company ("Grantor"), does hereby grant and convey to THE CITY OF ASPEN, COLORADO ("Grantee"), for the sum of Ten Dollars ($10.00), and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, a right-of-way for the purposes of widening, using, constructing, maintaining, repairing and replacing the public streets and appurtenant sidewalks, known as Park Avenue and Midland Avenue, over, through and across the following described land, situated in the County of Pitkin, State of Colorado, to wit: See "Right of Way Area All and "Right of Way Area B" described and depicted oil Exhibit A attached hereto and made a part hereof. Grantee shall have all other rights and benefits necessary or convenient for the full enjoyment and use of the rights herein granted, including but not limited to the free and full right of ingress and egress over and across said lands. Grantor hereby warrants and agrees to defend the title to the above -described property. This Deed covers all of the agreements between the parties and no representations or statements, verbal or written, have been made modifying, adding to, or changing the terms hereof. This Deed shall insure to the benefit of and be binding upon the parties, their successors and assigns. IN WITNESS WHEREOF, Grantor has executed this Deed this � ( day of July, 2001. 328 PARK AVENUE LLC, a Co o li ted liability company By, -�� Paul J. Nieoletti, III, Manager STATE OF COLORADO ) ) ss. COUNTY OF PITKIN 1 The foregoing Deed of Right -of -Way was acknowledged before me on July I, 2001, by Paul J. Ni Manager of 328 Park Avenue LLC, a Colorado limited liability comppy. A , /I My corW61iSsiW.&VjV,, °tary Public My Commission expke 6o1 East Hopkins Aspen, CO 81611 The City of Aspen By P 4 . 1. ,ATTEST: - 1- the foregoing Deed of Right-of-W rie )(loch, Clerk: �l olt �o� , ..... IIIlillllllllllillll 456623 07/18/2001 1 of 3 R 15.00 D MsOAM d-1 l� OF COP 111111111111131111111111111111 ME 1111111 IN I 12:05P RIGHT OF DRVIS SILVI 1.00 N 0.00 PITKIN COUNTY CO 7 HIRED GUN SURVEYING, Ltd. Exhibit A LEGAL DESCRIPTION A TRACT OF LAND IN THE NORTHEAST ONE -QUARTER OF SECTION 18, TOWNSHIP 10 SOUTH, RANGE 84 WEST OF THE 6th P.M., BEING PART OF THE MASCOTTE LODE U.S.M.S. NO. 5867. SAID TRACT IS MORE FULLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH END LINE OF SAID MASCOTTE LODE, WHENCE CORNER ONE OF THE MASCOTTE BEARS N89°46'W 156.90 FEET; THENCE S89°4WE 138.76 FEET ALONG THE SOUTH END LINE OF SAID MASCOTTE LODE THENCE N04:54'1�V 110.44 FEET; THENCE N8946'W 132.39 FEET TO THE EASTERLY RIGHT OF WAY OF PARK AVENUE, THENCE SOUTSIERLY ALONG THE EASTERLY RIGHT OF WAY LINE OF PARK AVENUE S03005'E 75.23 FEET; THENCE 501°36'W 34.90 FEET TO THE POINT OF BEGINNING. R.O. W. Area A The point of Beginning being the North West property corner of the Paul Nicholetti Property, being further described above, THENCE N89046'00"W FOR 13.02 FEET; THENCE S03005'00"E FOR 75.01 FEET, THENCE SO 036'00"W FOR 35.13 FEET; THENCE N89046'00"W FOR 13.00 FEET; THENCE N01036'00"E FOR 34.90 FEET, - THENCE N.3005'00"W FOR 75.23 FEET, - To the point of beginning containing 1431.73 sq. ft. (+/-) R.O. W. Area B The point of beginning being the North East property comer of the Paul Nicholetti Property, being further described above, THENCE SO4°54'00"E FOR 110.44 FEET; THENCE N89046'00"W FOR 8.03 FEET, THENCE N04054'00"W FOR 110.44 FEET; THENCE S89°46'00"E FOR 8.03 FEET; To the point of beginning containing 883.52 sq. ft. IIIIII IIIlI IIIIII !Illll i11 Illl Milli ill hill IIII IIII 456623 07/18/2001 12:05P RIGHT OF DAVIS SILVI 2 of 3 R 15.00 D 0.00 N 0.00 PITKIN COUNTY CO • +J Q z Z c- a Xu W " s N N04'54'00'W — — as m 0. 4' ao c •54 0 W — 110.44' _ I 1 I I I 1 I I I 1 I I 1 I Q W o 3 rycn o :n o o+ Q ON alai co1 Q.I. z z 1 I I I I 1 1 1 1 S03'05'00'E _ _ -ET'SE 7 0 0, 0 _ ao 0 0 S 5 0 75,23' M.00.9E.10S 1111111 Hill 11111111111111 456623 07/18/2001 12: 3 of 3 R 15.00 D 0.00 ��i�ii�iiiiii!ii�i�iii�iiiiii Q W ci 05P RIGHT OF DAVIS SILVI � Q ? N 0.00 PITKIN COUNTY CO a • • • PLEASE RETURN TO CITY CLERK Q0 S. GALENA ASPEN, CO 81611 4-J in LU I -at LsLn* C, iq 4m* 2- ' fb c—Al J Local L A K —Js 77 Oa, .. r'. P °11'�r�,�P/�� �,�•' PbW7ugo/yP. N ; --- ��� / '' � tc •%/ lQu�s- t % s �'': I Sovor Queen A ., bj t—j Gondola I T !!too V& 1v. ..... is ihi CD 4,- CL 4A Cul Cosilo Cro?k Of ower Y, C's I#ry V so Cost 0 9N Z5 J�"V' to 1037 cc L V 119IHn M' o • LJ EXHIBIT B CONDOMINIUM EXEMPTION PLAT [Attached separately to submittal.] EXHIBIT :C • Owner's Policy of Title Insurance Fidelity National Title Insurance Company A Stock Company Policy Number 1312- 198178 OV'`NER'S POLICY OF TITLE INSURANCE SUBJECT TO THE EXC4USIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDOJ E B AND THE CONDITIONS AND STIPULATIONS, FIDELITY NATIONAL TITLE INSURANCE COMPANY, a California corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: I. Title to the estate o�! interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of �he title; 4. Lack of a right of a�cess to and from the land. The Company will also pa� the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but only to the extent provided in the Conditions and Stipulations. IN WITNESS WHEREOF, IDELITY NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed by its duly authorized officers as of Date of Policy shown in Schedule A. Fidelity National Title Insurance Company Piac4n County Tian, Inc. .•ie y. 601 E. Hopldn. Avenue a+� DO .1 BY s 77 $r�l FiooT :SEAL T �� A. . Color.do 81611 0 97-925-1766 Phone ,� �+• President 97-925-6527 F.x ATTEST Secretary Countersigned: Authorized Signature (Please 'print name below) FORM 1312 Reprinted (02/00) ALTA Owner's Policy (10-17-92) OEXCLUSIONSFROM COVERAGE • following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or rases which arise by reason of: (a) Any law, ordinance or ict- governmental regulation (including but not limited to building and ( zoning he character, ordinances, dimensions gorl lorcationeofrany ing, regulating, prohibiting or relating to (i) the occupancy, use, separation enjoyment of the land; improvement now or hereafter erected on the land; (envrconmental protection,hor the effect ip or a change anyeviioation of these ela s, ordinances or parcel of which the land is or was a part; or (iv) governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which s adverse occurred claims prior to or Date of Policy her matters; which would be binding on the rights of a purchaser for value without knowledge. Defects, liens, encumbrances, (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the in thelic date thetDate insuredf claimantbeut eame anown oinsuredinsured uo erclaimant this policy; notdisclosed in writing to the Company by (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 insure y this policy b reason of the operation of federal Any claim which arises out of the transaction vesting in the Insured the estate or interest by this policy, y bankruptcy, state insolvency, or similar creditors, rights laws, that is based on: (a) the transaction creating the estate or interest insured by this policy being deemed a fraudulent conveyance or fraudulent transfer; or (b) the transaction creating the estate or interest insured by this policy being deemed a preferential transfer except where the preferential transfer results from the failure: (i) to timely record the instrument of transfer; or (ii) of such recordation to impart notice to a purchaser for value or a judgment or lien creditor. CONDITIONS AND STIPULATIONS 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 fenses the Company would have had against the named insured, those who cceed to the interest of the named insured by operation of law as distinguished )m purchase including, but not limited to, heirs, distributees, devisees, survivors, rsonal representatives, next of kin, or corporate or fiduciary successors. (b) "insured claimant": an insured claiming loss or damage. (c) "knowledge" or "known": actual knowledge, not constructive knowl- Ige or notice which may be imputed to an insured by reason of the public records defined in this policy or any other records which impart constructive notice of ,atters affecting the land. (d) "land": the land described or referred to in Schedule A, and improve - tents affixed thereto which by law constitute real property. The term "land" does of include any property beyond the lines of the area described or referred to in chedule A, nor any right, title, interest, estate or easement in abutting streets, )ads, avenues, alleys, lanes, ways or waterways, but nothing herein shall modify or mit the extent to which a right of access to and from the land is insured by this olicy. (e) "mortgage": mortgage, deed of trust, trust deed, or other security instru- ment. (f) "public records": records established under state statutes at Date o 'olicy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. With respect to Section (a)(iv) of the Exclusions From Coverage, "public records" shall also include :nvironmental protection liens filed in the records of the clerk of the United States listrict court for the district in which the land is located. (g) "unmarketability of the title": an alleged or apparent matter affecting .he title to the land, not excluded or excepted from coverage, which would entitle r purchaser of the estate or interest described in Schedule A or the insured mortgage :o be released from the obligation to purchase by virtue of a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF TITLE The coverage of this policy shall continue in force as of Date of Policy in favor of an insured only so long as the insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage g Y purchaser from the insured, or only so long as the insured shall have liability by reason of covenants of warranty made by the insured in any transfer or convey- ance of the estate or interest. 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 indebtedness 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 4(a) below, (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, or (iii) if title to the estate or interest, as insured, is rejected as unmarketable. If prompt notice shall not be given to the Company, then as to the insured all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any insured under this policy unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 4. DEFENSE AND PROSECUTION OF ACTIONS; DUTY OF INSURED CLAIMANT TO COOPERATE (a) Upon written request by the insured and subject a the options contained in Section 6 of these Conditions and Stipulations, 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 adverse to the title or interest as insured, but only as to those stated causes of action alleging a defect, lien or encumbrance or other matter 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 and 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 which allege matters not insured against by this policy. (b) The Company shall have the right, at its own cost, to institute and 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, or to prevent or reduce loss or damage to the insured. The Company may take any appropriate action under the term of this policy, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive anrapr vision f t is policy. If the Company shall exercise its rights under this paragraph, so diligently. (c) Whenever the Company shall have brought an action or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. (d) In all cases where this policy permits or requires the Company to pros- ecute or provide for the defense of any action or proceeding, the insured shall secure to the Company the right to so prosecute or provide defense in the action 0 • SCHEDULE A -OWNER'S POLICY CASE NUMBER DATE OF POLICY AMOUNT OF INSURANCE POLICY NUMBER PCT15577C2 December 8, 2000 @ 4:03 PM $1,800,000.00 1312-198178 1. NAME OF INSURED: 328 PARK AVENUE, LLC, A COLORADO LIMITED LIABILITY COMPANY 2. THE ESTATE OR INTEREST IN THE LAND HEREIN AND WHICH IS COVERED BY THIS POLICY IS: IN FEE SIMPLE 3. THE ESTATE OR INTEREST REFERRED TO HEREIN IS AT DATE OF POLICY VESTED IN: 328 PARK AVENUE, LLC, A COLORADO LIMITED LIABILITY COMPANY 4. THE LAND REFERRED TO IN THIS POLICY IS SITUATED IN THE COUNTY OF PITKIN, STATE OF COLORADO AND IS DESCRIBED AS FOLLOWS: A tract of land in the Northeast one -quarter of Section 18, Township 10 South, Range 84 West of the 6th P.M., being part of the Mascotte Lode U.S.M.S. No. 5867. Said tract is more fully described as follows: Beginning at a point on the South end line of said Mascotte Lode, whence corner One of the Mascotte bears N 89°46' W 156.90 feet; thence S 89°46' E 138.76 feet along the South end line of said Mascotte Lode; thence N 04°54' W 110.44 feet; thence N 89°46' W 132.39 feet to the Easterly right of way of Park Avenue; thence Southerly along the Easterly right of way line of Park Avenue S 03°05' E 75.23 feet; thence S 01 °36' W 34.90 feet to the point of beginning. PITKIN COUNTY TITLE, INC. 601 E. HOPKINS AVE. ASPEN, COLORADO 81611 (970) 925-1766/(970)-925-6527 FAX THE POLICY NUMBER SHOWN ON THIS SCHEDULE MUST AGREE WITH THE PREPRINTED NUMBER ON THE COVER SHEET. • • SCHEDULE B-OWNERS CASE NUMBER DATE OF POLICY POLICY NUMBER PCT15577C2 December 8, 2000 @ 4:03 PM 1312-198178 THIS POLICY DOES NOT INSURE AGAINST LOSS OR DAMAGE BY REASON OF THE FOLLOWING.- 1 . Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. 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. 5. Water rights, claims or title to water. 6. Taxes for the year 2000 not yet due or payable. 7. Right of the proprietor of a vein or lode to extract and remove his ore therefrom, should the same be found to penetrate or intersect the premises hereby granted and right of way for ditches or canals constructed by the authority of the United States as reserved in United States Patent recorded May 20, 1949 in Book 175 at Page 170. Deed of Trust from :328 PARK AVENUE, LLC, A COLORADO LIMITED LIABILITY COMPANY To the Public Trustee of the County of PITKIN For the use of : WILLIAM HENRY LANE Original Amount : $1,080,000.00 Dated : December 8, 2000 Recorded : December 8, 2000 Reception No. .449532 9. Deed of Trust from : 328 PARK AVENUE, LLC To the Public Trustee of the County of PITKIN For the use of : WELLS FARGO BANK WEST, NATIONAL ASSOCIATION Original Amount : $520,000.00 Dated : December 6, 2000 Recorded : December 8, 2000 Reception No. .449533 EXCEPTIONS NUMBERED 1, 2, 3 AND 4 ARE HEREBY OMITTED. or proceeding, and all appeals therein, and permit�fl6 Company 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 any action or proceeding, securing evidence, obtaining wit- nesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest, 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. 5. PROOF OF LOSS OR DAMAGE In addition to and after the notices required under Section 3 of these Condi- tions and Stipulations have been provided the Company, a proof of loss or damage signed and sworn to by the insured claimant shall be furnished to the Company within 90 days after the insured claimant shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or other matter insured against by this policy which 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. If the Company is prejudiced by the failure of the insured claimant to provide the required proof of loss or damage, the Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litiga- tion, with regard to the matter or matters requiring such proof of loss or damage. In addition, the insured claimant may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bear- ing a date before or after Date of Policy, which 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 records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss or damage. All information designated as confidential by the insured claimant provided to the Company pursu- ant to this Section shall not be disclosed to others unless, in the reasonable judg- ment of the Company, it is necessary in the administration of the claim. Failure of the insured claimant to submit for examination under oath, produce other reason- ably requested information or grant permission to secure reasonably necessary information from third parties as required in this paragraph shall terminate any liability of the Company under this policy as to that claim. 6. OPTIONS TO PAY OR OTHERWISE, SETTLE CLAIMS; TERMINA- TION 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, which were authorized by the Company, up to the time of payment or tender of payment and which the Company is obligated to pay. Upon the exercise by the Company of this option, all liability and obligations to the insured under this policy, other than to make the payment required, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, and the policy shall be surrendered to the Company for cancellation. (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, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which 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 which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in paragraphs 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. 7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred boinsured claimant who has suffered loss or damage by reason of matters insured against by this policy and only to the extent herein described. (a) The liability of the Company under this policy shall not exceed the least of: (i) the Amount of Insurance stated in Schedule A; or, (ii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this policy. (b) In the event the Amount of Insurance stated in Schedule A at the Date of Policy is less than 80 percent of the value of the insured estate or interest or if subsequent to the Date of Policy an improvement is erected on the land which increases the value of the insured estate or interest by at least 20 percent over the Amount of Insurance stated in Schedule A, then this Policy is subject to the following: (i) where no subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that the amount of insurance at Date of Policy bears to the total value of the insured estate or interest at Date of Policy; or (ii) where a subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that 120 percent of the Amount of Insurance stated in Schedule A bears to the sum of the Amount of Insurance stated in Schedule A and the amount expended for the improvement. The provisions of this paragraph shall not apply to costs, attorneys' fees and expenses for which the Company is liable under this policy, and shall only apply to that portion of any loss which exceeds, in the aggregate, 10 percent of the Amount of Insurance stated in Schedule A. (c) The Company will pay only those costs, attorneys' fees and expenses incurred in accordance with Section 4 of these Conditions and Stipulations. 8. APPORTIONMENT If the land described in Schedule A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of the parcels but not all, the loss shall be computed and settled on a pro rata basis as if the amount of insurance under this policy was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made subse- quent to Date of Policy, unless a liability or value has otherwise been agreed upon as to each parcel by the Company and the insured at the time of the issuance of this policy and shown by an express statement or by an endorsement attached to this policy. 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, or cures the claim of unmarketabi}ity of title, all as insured, in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (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 jurisdic- tion, and disposition of all appeals therefrom, adverse to the title, as insured. (c) The Company shall not be liable for loss or damage to any 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 the insurance pro canto. 11. LIABILITY NONCUMULATIVE It is expressly understood that the amount of insurance under this policy shall be reduced by any amount the Company may pay 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 hereafter executed by an insured and which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this policy to the insured owner. 12. PAYMENT OF LOSS (a) No payment shall be made without producing this policy for endorse- ment of the payment unless the policy has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulation• loss or damage shall be payable within 30 days thereafter. 13. SUBROGATION UPON PAYMENT OR SETTLEMENT (a) The Company's Right of Subrogation. Whenever the Company shall have settled and paid a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the insured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the insured claimant would have had against any person or property in respect to the claim had this policy not been issued. If requested by the Company, the insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. 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 or remedies. If a payment on account of a claim does not fully cover the loss of the insured claimant, the Company shall be subrogated to these rights and remedies in the proportion which the Company's payment bears to the whole amount of the loss. If loss should result from any act of the insured claimant, as stated above, that act shall not void this policy, but the Company, in that event, shall be required to pay only that part of any losses insured against by this policy which shall exceed the amount, if any, lost to the Company by reason of the impairment by the insured claimant of the Company's right of subrogation. (b) The Company's Rights Against Non -Insured Obligors. The Company's right of subrogation against non-insured obligors shall exist and shall include, without limitation, the rights of the insured to indemnities, guaranties, other policies of insurance or bonds, notwithstanding any terms or conditions contained in those instruments which provide for subrogation rights by reason of this policy. 14. ARBITRATION Unless prohibited by applicable law, either the Company or the insured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the Ameri- can Arbitration Association. 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 of the Company in connection with its issuance or the breach of a policy provision or other obligation. All arbitrable matters when the Amount of Insurance is $1,000,000 or less shall be arbitrated at the option of either the Company or the insured. All arbitrable matters when the Amount of Insurance is in excess of $1,000,000 shall be arbitrated only when agreed to by both the Company and the insured. Arbitration pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured, the Rules in effect at Date of Policy shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permit a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT (a) This policy together with all endorsements, if any, attached hereto by the Company is the entire policy and contract between the insured and the Com- pany. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or by any action asserting such claim, shall be restricted to this policy. (c) No amendment of or endorsement to this policy can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 16. SEVERABILITY In the event any provision of the policy is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision and all other provisions shall remain in full force and effect. 17. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this policy and shall be addressed to the Company at 17911 Von Karman Avenue, Suite 300 Irvine, CA 92614-6253 e., t0 ti. C o �x� d CD A W too►� go � b A • EXHIBIT D • October 31, 2001 Mr. James Lindt Community Development Department 130 South Galena, 3rd Floor Aspen, Colorado 81611 Re: 328 Park Avenue -- Application for Subdivision Exemption Dear Mr. Lindt: Concerning the enclosed application (Subdivision Exemption for Condominiumization) for 328 Park Avenue, LLC, relating to the property located at 328 Park Avenue, Aspen, Colorado, the undersigned hereby authorizes the law firm of Charles T. Brandt & Associates, P.C. and their attorneys, to represent the applicant and act on its behalf in this matter. Sincerely, 32 8 P AVENUE, LLC 7Nicoletti, Manager APPLICANT'S NAME ADDRESS AND TELEPHONE NUMBER: 328 Park Avenue, LLC 614-B East Cooper Street Aspen, CO 81611 970-948- AGENT'S ADDRESS AND TELEPHONE NUMBER: Michael Feigenbaum Charles T. Brandt & Associates 132 Midland Avenue, Suite 4 Basalt, CO 81621 970-925-5196 PROPERTY'S ADDRESS AND LEGAL DESCRIPTION: 328 Park Avenue Aspen, CO 81611 A tract of land in the Northeast one -quarter of Section 18, Township 10 South, Range 84 West of the 6`h P.M., being part of the Mascotte Lode U.S.M.S. No. 5867. Said tract is more fully described as follows: Beginning at a point on the South end line of said Mascotte Lode, whence comer One of the Mascotte bears N 89046' W 156.90 feet; thence S 89°46' E 138.76 feet along the South end line of said Mascotte Lode; thence N 04°54' W 110.44 feet; thence N 89046' W 132.39 feet to the Easterly right of way of Park Avenue' thence Southerly along the Easterly right of way line of Park Avenue S 03°05' E 75.23 feet; thence S 0196' W 34.90 feet to the point of beginning. EXHIBIT E PRIOR APPROVALS [Attached hereto.] OCT-31-2001 WED 11:21 AM 6 EXHIBIT F FAX NO. P. 01 CITY OF ASPEN PRE -APPLICATION CONFERENCE SUMMARY PLANNER: James Lindt, 920.5104 DATE. I0.31.01 PROJECT: 328 Park Ave. REPRESENTATIVE: Micheal Feigenbaum OWNER: 328 Park Avenue LLC. TYPE, OF APPLICATION: Subdivision exemption for Condominiumization DESCRIPTION: Condom iniumization of existing platted land and house Land Use Code Section(s) 26.480.090 Condom iniumization 26.304 Development Review Procedures Review by: Staff for complete application, referral agencies for technical considerations, Community Development Director for final approval. Public Hearing: No. Referral Agencies: Planning Fees: Referral Agency Fees: Total Deposit: Engineering Planning Flat Foe $280 Engineering $180 $460 To apply, submit the following information: 1. Total deposit for review of the application. 2. Proof of ownership. 3. Applicant's name, address and telephone number in a letter signed by the applicant, which also states the name, address and telephone number of the representative. Include street address and legal description of tlac property. 4. Summary letter explaining the request (existing conditions and proposed uses) and addressing the standards of the Land Use Code sections listed above. 5. An 8 1/2" by I I" vicinity map locating the parcel within the City of Aspen. 6. Old (existing) plat if one exists. 7. Proposed plat from a registered land surveyor. Call City Engineer for plat requirements_ 920,5080 8. Copies of prior approvals (from City Clerk) 9. 2 Copies of the complete application packet (items 2-8) Process: Apply. Planner reviews case for completeness and sends to Engineering and referral agencies. 2-3 weeks later planner will contact applicant with the suggestions from F.nbineering for preparation of the Final Plat. The applicant's surveyor makes those changes and brings in 2 reproducible inylar copies to the planner. Planner reviews plat for consistency with Engineering suggestions and the Director approves, approves with conditions, or denies application based on consistency with the review criteria and technical considerations. Plat is then signed by City Engineer. Applicant records the final plat at the County Clerk and Recorder($10 Recording Fee per page.) Disclaimer; The foregoing summary is Advisory in nature only and is not binding on the City. The summary is based on current zoning, which is subject to change in the future, and upon factual representations that may or may not be accurate, The summary does not create a legal or vestal right. • MORTGAGEE'S CONSENT AND SUBORDINATION 6 WILLIH19 LHIVL HIVU WLLLJ tAKUU BANK HEREBY CONSENTS TO THE FILING OF THE WITHIN CONDOMINIUM MAP AND SUBORDINATES ITS LIEN THERETO. WELLS FARGO BANK BYi TITLE: STATE OF COLORADO COUNTY OF PITKIN WILLIAM LANE CONDOMINIUM MAP OF THE SHADY LANE CONDOMINIUMS STATE OF COLORADO THE FOREGOING INSTRUMENT WAS ACKNOWLEDGED BEFORE ME THIS DAY OF COUNTY OF PITKIN --------------, 001 BY: ------------ AS ______________OF WELLS FARGO BANK THE FOREGOING INSTRUMENT WAS ACKNOWLEDGED BEFORE ME THIS ____ DAY OF WITNESS MY HAND AND OFFICIAL SEAL 2001 BY WILLIAM LANE MY COMMISSION EXPIRES_____________________ WITNESS MY HAND AND OFFICIAL SEAL NOTARY PUBLIC -- MY COMMISSION EXPIRES ------------------------- STATE ❑F NOTARY PUBLIC COUNTY OF STATE OF -------------------- COUNTY OF TITLE CERTIFICATE THE UNDERSIGNED, AGENT, OF PITKIN COUNTY TITLE , INC. DOES HEREBY CERTIFY THE ENTITY LISTED AS OWNER ON THIS COMDDMINIUM MAP DUES HOLD FEE SIMPLE TITLE TO THE WITHIN DESCRIBED REAL PROPERTY SUBJECT ONLY TO A DEED OF TRUST FOR THE USE AND BENEFIT OF FILED FOR RECORD AS RECEPTION NO. --------- OF THE RECORDS OF PITKIN COUNTY, COL0RAD0. ALTHOUGH WE BELIEVE THE FACTS STATED ON THIS CONDOMINIUM MAP ARE TRUE, THIS CERTIFICATE IS NOT TO BE CONSTRUED AS AN ABSTRACT OF TITLE, NOR AN OPINION OF TITLE NOR A GUARANTEE OF TITLE, AND IT IS UNDERSTOOD AND AGREED THAT STEWART TITLE OF ASPEN, INC., NEITHER ASSUMES NOR WILL BE CHARGED WITH ANY FINANCIAL OBLIGATION OR LIABILITY WHATSOEVER ON ANY STATEMENT CONTAINED HEREIN. PITKIN COUNTY TITLE, INC. 601 EAST HOPKINS ASPEN, CO 81611 SIGNED BY; ------------ STATE OF COLORADO COUNTY OF PITKIN THE FOREGOING TITLE CERTIFICATE WAS ACKNOWLEDGED BEFORE ME THIS DAY OF --------- 2001 BY VINCENT J. HIGENS, AS PRESIDENT OF PITKIN COUNTY TITLE. WITNESS MY HAND AND OFFICIAL SEAL MY COMMISSION EXPIRES ------------- - ---------------- NOTARY PUBLIC tMMMUNITY I)r VELOPMENT DIRECTOR APPROVAL THIS CONDOMINIUM MAP WAS APPROVED BY THE COMMUNITY DEVELOPMENT DEPARTMENT DIRECTOR OF THE CITY OF ASPEN, COLORADO SIGNED THIS _____ DAY OF ----------- 2001. COMMUNITY D�VELCIPMENT DEPARTMENT DIRECTOR CITY ENGINEE� APPROVAL THIS CONDOMINIUM MAP WAS APPROVED BY THE CITY OF ASPEN DEPARTMENT OF ENGINEERING THIS ___ DAY OF 2001. CITY ENGINES --------------- LEGAL DESCRIPTION A TRACT OF LAND IN THE NORTHEAST ONE -QUARTER OF SECTION 18, TOWNSHIP 10 SOUTH RANGE 84 WEST OF THE 6TH P.M., BEING PART OF THE MASCOTTE LODE U.S.M.S. NO. 5867. SAID TRACT IS MORE FULLY DESCRIBED AS FOLLOWS: LOT A. BEGINNING AT A POINT ON THE SOUTH END LINE OF SAID MASCOTTE LODE, WHENCE CORNER ONE OF THE MASCOTTE BEARS N89o46'W 1.56.90 FEET; THENCE S89°46'E 138,76 FEET ALONG THE SOUTH END LINE OF SAID MASOCTTE LODE; THENCE N04°54'W 110.44 FEET; THENCE S89°46'W 111.34 FEFr; THENCE S03°05'E 7S.01 FEET; THENCE N89-46-W 18.37 FEET; THENCE S00°14'E 16.50 FEET; THENCE N89146'E 7,10 FEET; THENCE SOO-14-E 2.01 FEET; THENCE S89o46'E 12.46 FEET; THENCE N00°1.4'E 9.17 FEET; THENCE S89o14"E 18,33 FEET; THENCE S89o46'E 35.52 FEET; THENCE S89o46'E 60.96 FEET TO THE POINT OF BEGINNING. SAID LOT CONTAINS .240 ACt OR 10,489 SQ.FT. . LOT B BEGINNING AT A POINT ON THE SOUTH END LINE OF SAID MASCOTTE LODE, WHENCE CORNER ONE OF THE MASCOTTE BEARS N89046'W 156.90 FEET; THENCE S89o46'E 56.76 FEET ALONG THE SOUTH END LINE OF SAID MASCOTTE LODE; THENCE N01.36-E 35.13 FEET; THENCE Nn3o05'W 9.76 FEET; THENCE N89o46'W 18.37 FEET; THENCE S00o14'E 16.50 FEET; THENCE N89o46'E 7.10 FEET; THENCE S00°14'E 2.01 FEET; THENCE S89" 46'E 12.46 rEET; THENCE NOOo14'E 9.17 FEET; THENCE S89o46'E 18.33 FEET; THENCE S000141 35.52 FEET 10 THE PO1NI OF BEGINNING. SAID LOT CONTAINS .050 ACt OR 2,001 SQ.FT.t. CLERK AND RECORDER'S ACCEPTANCE THIS IMPROVEMENT SURVEY PLAT WAS ACCEPTED FOR FILING IN THE OFFICE OF THE CLERK AND RECORDER OF THE COUNTY OF PITKIN, STATE QF CQLQRADQI AT_0'CL0CK,__M, THIS DAY OF IN PLAT BOOK AT PAGE AS RECEPTION NUMBER CLERK & RECCRDER NOTICE: According to Colorado law you must commence any legal action based upon any defect in this survey within three years after you first discover such defect. In no event may any action based upon any defect in this survey be commenced more than ten years from the date of the certification shown hereon. FOUND: NO.5 REBAR 13 , 0 218' & YPC LS 9175 / � o W W �t� z �Y C1 ac Y o / N Q / a Vi EI FF / 91 75/ R.O. W. AREA A 1431.73 SQ.FT / / BOOK __ PAGE ____ ✓ / I / FOUND: NO.5 REBAR & YPC LS 21707 13.0037' \VICINITY MAP 10 Sm 7 11 Ar G 12 Ri St n a13 Dal y h aee C 14 M �Sr 8 15 Ma yh 12� E 14 1 h 0 � 7 � N Y 1/2 M�� �e � Con nnla �P Ln� r+I L c ILOMETi;R BUILDING ENVELOPE MIDLAND AVENUE 50.0' WIDE DEDICATION B6 P139 .060 ACf N89:16 1 0 1.W2,665 SO.FT.f S89'46'00"E 171.34 BASIS OF BEARING (140.16 FIELD) BUILDING ENVELOPE N$9 46'00"yy 6 RIVERSIDE ADDITION TO THE CITY OF ASPEN BASIS OF BEARING = A CALCULATED BEARING OF S59-5006"E BETWEEN A FOUND NO 5 REBAR AND ALU CAP LS 7168 AT THE S.W. PROP. CORNER AND A FOUND NO S REBAR AND RPC LS 16129 FOUND AT THE S.E. PROP. CORNER AND SHOWN HEREON. 0 DD 8.0322' FOVPC N0 5 REBARR T H / n 20 i / OWNERS CERTIFICATE V KNOW ALL PERSONS BY THESE PRESENTS THAT 328 PARK AVENUE, LLC IS RECORD OWNER OF CERTAIN LANDS IN THE CITY OF ASPEN, PITKIN CO. KNOWN A9 DO HEREBY CERTIFY THAT THIS CONDOMINIUM MAP HAS BEEN PREPARED PURSUANT TO THE PURPOSES STATED IN THE CONDOMINIUM DECLARATION / FOP SAID CONDOMINIUM. DATED THIS ----- DAY OF ______ 2001 AND RECORDED AS RECEPTION NO GF THE RECORDS OF THE CLERK AND RECORDER OF THE COUNTY OF PITKIN, STATE OF COLORADO 3 328 PARK AVENUE, LLC BY v r v O A CD U1 � CD c I/ /I ` R.O. W. I AREA B 883.52 SQ.FT. BOOK __ PAGE I � I FOUND: & PC LS91 NOTE: THIS MAP IS INVALID AS A LEGAL DOCUMENT AND POSSESSION OR USE OF THIS MAP IS UNAUTHORIZED BY THE SURVEYOR UNLESS IT BEARS THE ORIGINAL SIGNATURE AND WET STAMP OF CARL R. CARMICHAEL PLC. WUMNI119 QR[•AARrb MY THE SURVEYOR AND WITHOUT A SIGNATURE AND WET STAMP ARE TO BE VIEWED AS PRELIMINARY AND ALL INFORMATION SHOWN THEREON IS SUBJECT TO CHANGE. HIRED GUN SURVEYING LTD. P.O. BOX 9 SNOWMASS, COLORADO 81654 (970)923-2794 PAUL NICOLETTI SIATE Of COLORADO COUNTY I3F PITKIN THE FOREGl11NG INSTRUMENT WAS ALKNOWL.EDGEI? BE{EIRE 14L THIS DAY OF ______________, 2001 B'IPAUL NICOLETTI___________ WITNESS MY HAND AND OFFICIAL ;EAL MY COMMISSION EXPIRES__________ ----- -------------- NOTARY PU$LiC STATE OF COLORADO • COUNTY OF PITKIN Legend - indicates set noryument, #5 rebar and Red Plastic Cap indicates found monument as described. INDICATES FOUND MONUMENT AS DESCRIBED pd WATER VALVE O TELEPHONE RISER O CABLE RISER `T)� POWER POLE GCE - GENERAL COMMON ELEMENT LCE - LIMITED COMMON ELEMENT WW= WINDOW WELL, LCE PER ATTACHED UNIT DECKS AND PATIOS, LCE PER ATTACHED UNIT Q BOULDER RETAINING WALL SURVEYOR'S CERTIFICATE SURVEYORS CERTIFICATE kEL tiER-BY CERTTFYTHAT ON NOVEMBER 2D01 A SURVEY WAS'PERFORMED UNDER MY :OLORADO AND THAT RESIDEHEREON NTIAL DESCRIBED PROPERTY WERE FOUND TO BE N AS SHOVkN ON THIS CONDOMINIUM MAP. THE LOCATION AND DIMENSIONS OF THE UTILITIES IMPROVEMENTS AND EASEMENTS SHOWN ON THE TITLE POLICY ISSUEd BY PITKIN COUNTY TITLE INC. )) M-MAP ACCURATELY AND SUBSTANTIALLY DEPICTS THE LOCATION, HE BUILDINGS AND INDIVIDUAL UNITS AND THE UNIT 1EREOF. THIS SURVEY WAS PERFORMED IN ACCORDANCE WITH ED STATUTES 1973 TITLE ARTICLE 51 AS )NTROL SURVEY CL65 S TOgGREATER THAN 1: AMENDED0,000.FROM SIGNED_ CARL CARMICHAEL P.L.S. 24203 DATE SURVEYED: 10/23/01 DATE DRAFTED: 10/29/01 REVISED: 11/5/01 DATA FILE NAME: 0102107 DRAWN BY: T. YOCUM I& MORTGAGEE'S CONSENT AND SUBORDINATION 0 6 • •6 0 0 0 WILLIAM LANE AND WELLS FARGO BANK HEREBY CONSENTS TO THE FILING OF THE WITHIN CONDOMINIUM MAP AND SUBORDINATES ITS LIEN THERETO. WELLS FARGO BANK BY; TITLE STATE OF COLORADO COUNTY OF PITKIN THE FOREGOING INSTRUMENT WAS ACKNOWLEDGED BEFORE ME THIS DAY OF ______________1 2001 BY: ------------ AS _ ______OF WELLS FARGO BAW WITNESS MY HAND AND OFFICIAL SEAL MY COMMISSION EXPIRES______________________ ----------L------------------ NOTARY PUBLIC STATE OF ____________________ COUNTY OF _________________-_ TITLE CERTIFICATE THE UNDERSIGNED, AGENT, OF PITKIN COUNTY TITLE , INC. DOES HEREBY CERTIFY WILLIAM LANE STATE OF COLORADO COUNTY OF PITKIN CONDOMINIUM MAP OF THE SHADY LANE CONDOMINIUMS THE FOREGOING INSTRUMENT WAS ACKNOWLEDGED BEFORE ME THIS DAY OF ______________1 2001 BY WILLIAM LANE WITNESS MY HAND AND OFFICIAL SEAL MY COMMISSION EXPIRES_____________________ ----------------------------- NOTARY PUBLIC STATE OF COUNTY OF ------------------ THE ENTITY LISTED AS OWNER ON THIS COMDOMINIUM MAP DOES HOLD FEE SIMPLE TITLE TO THE WITHIN DESCRIBED REAL PROPERTY SUBJECT ONLY TO A DEED OF TRUST FOR THE USE AND BENEFIT OF _______________ FILED FOR RECORD AS RECEPTION NO. _________ OF THE RECORDS OF PITKIN COUNTY, COLORADO. ALTHOUGH WE BELIEVE THE FACTS STATED ON THIS CONDOMINIUM MAP ARE TRUE, THIS CERTIFICATE IS NOT TO BE CONSTRUED AS AN ABSTRACT OF TITLE, NOR AN OPINION OF TITLE NOR A GUARANTEE OF TITLE, AND IT IS UNDERSTOOD AND AGREED THAT STEWART TITLE OF ASPEN, INC., NEITHER ASSUMES NOR WILL BE CHARGED WITH ANY FINANCIAL ❑BLIGATION OR LIABILITY WHATSOEVER ON ANY STATEMENT CONTAINED HEREIN. PITKIN COUNTY TITLE, INC. 601 EAST HOPKINS ASPEN, CO 81611 SIGNED________ BY: STATE OF COLORADO COUNTY OF PITKIN THE FOREGOING TITLE CERTIFICATE WAS ACKNOWLEDGED BEFORE ME THIS DAY OF --------- 2000 BY VINCENT J. HIGENS, AS PRESIDENT OF PITKIN COUNTY TITLE. WITNESS MY HAND AND OFFICIAL SEAL MY COMMISSION EXPIRES ___________________ fdOTARY PUBLIC ----------------- COMMUNITY DEVELOPMENT DIRECTOR APPROVAL THIS CONDOMINIUM MAP WAS APPROVED BY THE COMMUNITY DEVELOPMENT DEPARTMENT DIRECTOR OF THE CITY OF ASPEN, COLORADO SIGNED THIS _____ DAY OF ----------- 2000. COMMUNITY DEVELOPMENT DEPARTMENT DIRECTOR R.O.W. CITY ENGINEER'S APPROVAL AREA A THIS CONDOMINIUM MAP WAS APPROVED BY THE CITY OF ASPEN DEPARTMENT OF ENGINEERING THIS ___ DAY OF ------------- 2001, ------------------ 1431.73 SQ.FT CITY ENNEEGIP. LEGAL DESCRIPTION A TRACT OF LAND IN THE NORTHEAST ONE -QUARTER OF SECTION 18, TOWNSHIP 10 SOUTH RANGE 84 WEST OF THE 6TH P.M., BEING PART OF THE MASCOTTE LODE U.S.M.S. NO. 5867. SAID TRACT 15 MORE FULLY DESCRIBED AS FOLLOWS: LOT A BEGINNING AT A POINT ON THE SOUTH END LINE OF SAID MASCOTTE LODE, WHENCE CORNER ONE OF THE MASCOTTE BEARS N89°46'W 156,90 FEET; THENCE S89°46'E 138.76 FEET ALONG THE SOUTH END LINE OF SAID MASOCTTE LODE; THENCE N04°54'W 110.44 FEET; THENCE S89°46'W 111.34 FEET; THENCE S03005'E 75.01 FEET; THENCE N89°46'W 18.37 FEET; THENCE S00°14'E 16.50 FEET; THENCE N89°46'E 7.10 FEET; THENCE S00°14'E 2.01 FEET; THENCE 589°46'E 12.46 FEET; THENCE N00014'E 9.17 FEET; THENCE S89°14'E 18.33 FEET; THENCE S89°46'E 35,52 FEET; THENCE S89°46'E.60.96 FEET TO THE POINT OF BEGINNING. SAID LOT CONTAINS .240 ACf OR 10,489 SQ.FT.f, LOT B BEGINNING AT A POINT ON THE SOUTH END LINE OF SAID MASCOTTE LODE, WHENCE CORNER ONE OF THE MASCOTTE BEARS N89°46'W 156.90 FEET; THENCE S89°46'E 56.76 FEET ALONG THE SOUTH END LINE OF SAID MASCOTTE LODE; THENCE NO1136'E 35.13 FEET; THENCE NO3°05'W 9.76 FEET; THENCE N89146'W 18.37 FEET; THENCE S00°14'E 16.50 FEET; THENCE N89°46'E 7.10 FEET; THENCE S00014'E 2.01 FEET; THENCE S89°46'E 12.46 FEET; THENCE N00°14'E 9.17 FEET; THENCE S89046'E 18.33 FEET; THENCE SOO°14'E 35.52 FEET TO THE POINT OF BEGINNING. SAID LOT CONTAINS .050 AC+ OR 2,001 SQ.FT.t. CLERK AND RECORDER'S ACCEPTANCE THIS IMPROVEMENT SURVEY PLAT WAS ACCEPTED FOR FILING IN THE OFFICE OF THE CLERK AND RECORDER OF THE COUNTY OF PITKIN, STATE OF COLORADO, AT O'CLOCK, M. THIS DAY OF IN PLAT BOOK AT PAGE____ AS RECEPTION NUMBER _-____ CL1=RK6� - ---- NOTICE: According to Colorado law you must commence any legal action based upon any defect in this survey within three years after you first discover such defect. In no event may any action based upon any defect in this survey be commenced more than ten years from the date of the certification shown hereon. 13,0218' 9175 f / Ij ,0 C� V/, o / 8 � / )9175 / / 13,0037' UNDER CONST N89'46'00"W `0 18.45 w w U o O 0 U-) 1E a c0 0 - z w 0 N00'14'01"L 4600"W 'z.oT z I M_L�_�89 46 00"E _! j � I O r L 0 T B i___ .060 ACt �'46�' Q 2,665 SO.FT.t N89 56.76 ^W i YP, 8.0322' / 2 N89'46'00"W 60 BASIS OF BEARING = A CALCULATED BEARING OF S5905006"E BETWEEN A FOUND NO 5 REBAR AND ALU CAP LS 7168 AT THE S.W. PROP. CORNER AND A FOUND NO 5 REBAR AND RPC LS 16129 FOUND AT THE S.E. PROP. CORNER AND SHOWN HEREON. NOTE: THIS MAP IS INVALID AS A LEGAL DOCUMENT AND POSSESSION OR USE OF THIS MAP IS UNAUTHORIZED BY THE SURVEYOR UNLESS IT BEARS THE ORIGINAL SIGNATURE AND WET STAMP OF CARL R. CARMICHAEL PLS. DOCUMENTS PREPARED BY THE SURVEYOR AND WITHOUT A SIGNATURE AND WET STAMP ARE TO BE VIEWED AS PRELIMINARY AND ALL INFORMATION SHOWN THEREON IS SUBJECT TO CHANGE. HIRED GUN SURVEYING LTD. P.O. BOX 9 SNOWMASS, COLORADO 81654 (970)923-2794 OWNERS CERTIFICATE KNOW ALL PERSONS BY THESE PRESENTS THAT 328 PARK AVENUE, LLC IS RECORD OWNER OF CERTAIN LANDS IN THE CITY OF ASPEN, PITKIN CO. KNOWN ASS _ _ _ _ _ _ D❑ HEREBY CERTIFY THAT THIS CONDOMINIUM MAP HAS BEEN PREPARED PURSUANT TO THE PURPOSES STATED IN THE CONDOMINIUM DECLARATION FOR SAID CONDOMINIUM DATED THIS _____DAY OF 2001 AND RECORDED AS RECEPTION NO. ------- OF THE RECORDS OF THE CLERK AND RECORDER OF THE COUNTY OF PITKIN. STATE OF COLORADO. 328 PARK AVENUE, LLC BY PAUL NICOLETTI STATE OF COLORADO COUNTY OF PITKIN THE FOREGOING INSTRUME BNTPAUL NICOLETTI WAS ACKNOWLEDGED BEFORE ME THIS -----DAY -OF WITNESS MY HAND AND OFFICIAL SEAL MY COMMISSION EXPIRES______________________ NOTARY PUBLIC ---------------- STATE OF COLORADO COUNTY OF PITKIN Legend QQ - indicates found Monument os described. INDICATES FOUND MONUMENT AS DESCRIIBED TER VE R, 0, W. O TELEPHONERISERRISERAREA D POWER POLE 883.52 SO.FT. GCE - GENERAL COMMON ELEMENT LCE - LIMITED COMMON ELEMENT WW= WINDOW WELL, LCE PER ATTACHED UNIT DECKS AND PATIOS, LCE PER ATTACHED UNIT C7 BOULDER RETAINING WALL SURVEYOR'S CERTIFICATE SURVEYORS CERTIFICATE I CARL CARMICHAEL HEREBY CERTIFY THAT ON NOVEMBER 2000 A SURVEY WAS PERFORMED UNDER MY bIRECTION AND SUPERVISION OF THE HEREON DESCRIBED PROPERTY LOCATED T ER(COUNTYONOAOSISHDOVVN ON THIS CONDOMINIUM MAP INTHE LOCATION FOUND DND DIBMENSIONS OF THE BOUNDARY LINES, UTILITIES IMPROVEMENTS AND EASEMENTS SHOWN ON THE TITLE POLICY NO. ISSUE6 BY PITKIN COUNTY TITLE INC. )) THE CQNM`MTNTWMAP ACCURATELY AND SUBSTANTIALLY DEPICTS THE LOCATION, DIMENSIONS OF THE BUILDINGS AND INDIVIDUAL UNITS AND THE UNIT DESIGNATIONS THEREOF. THIS SURVEY WAS PERFORMED IN ACCORDANCE WITH TIME TO TIMADO E. REVISED STATUTES SURVEY CLdSES 73 TO8GREATER THAN 1: AS AMENDED 0,0 0. FROM SIGNED .__.__ _ CARL CARMICHAEL P.L.S. 242Y3 10/31/01 DATE SURVEYED: 10/23/01 DATE DRAFTED: 10/29/01 REVISED: DATA FILE NAME: 0102107 DRAWN BY: T. YOCUM 410 lob 040 90 •0 6