HomeMy WebLinkAboutFile Documents.520 N 8th St.0032.2017 (22).ARBKOwner's Policy of Title Insurance – Schedule A
Issued by
Name and Address of Title Insurance Company: Westcor Land Title Insurance Company, 201 N. New York Avenue,
Suite 200, Winter Park, Florida, 32789
State: CO
County: PITKIN
Address Reference: 520 N. EIGHTH ST., ASPEN, CO 81611
File No.: PCT24853W5 Policy No.: OP-6-CO1045-5520140
Amount of Insurance: $4,000,000.00 Premium: $ 6,960.00
Date of Policy: December 21, 2016 @ 10:56 AM
________________________________________________________________________________________________
Simultaneous #: N/A Reinsurance #: 109985
1. Name of Insured: JAMIE ALEXANDER, LLC, A COLORADO LIMITED LIABILITY COMPANY
2. The estate or interest in the Land that is insured by this policy is: IN FEE SIMPLE
3. Title is vested in: JAMIE ALEXANDER, LLC, A COLORADO LIMITED LIABILITY COMPANY
4. The Land referred to in this policy is described as follows:
Lots A and B,
Block 8,
City and Townsite of Aspen
TOGETHER with vacated portions of North Street and Eighth Street as set forth in Ordinance #11 recorded July 1, 1993 in
Book 716 at Page 626.
Issued By
___________________________________
Authorized Signatory
City of Aspen
Received
3/20/17
Building Department
SCHEDULE B-OWNERS
CASE NUMBER DATE OF POLICY POLICY NUMBER
PCT24853W5 December 21, 2016 @ 10:56 AM OP-6-CO1045-5520140
THIS POLICY DOES NOT INSURE AGAINST LOSS OR DAMAGE BY REASON OF THE FOLLOWING:
1. Any facts, rights, interests, or claims which are not shown by the public records but which could be
ascertained by an inspection of the land or which may be asserted by persons in possession, or claiming
to be in possession, thereof.
2. Easements, liens, encumbrances, or claims thereof, which are not shown by the public records.
3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that
would be disclosed by an accurate and complete land survey of the Land, and that is not shown by the
public records.
4. Any lien, or right to a lien, imposed by law for services, labor, or material heretofore or hereafter furnished,
which lien, or right to a lien, is not shown by the public records.
5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance
thereof; (c) Indian treaty or aboriginal rights, including but not limited to, easements or equitable
servitudes; or, (d) water rights, claims or title to water(see additional information page regarding water
rights), whether or not the matters excepted under (a), (b), (c) or (d) are shown for the public records.
6. Taxes or assessments which are not now payable or which are not shown as existing liens by the records
of any taxing authority that levies taxes or assessments on real property or by the public records;
proceedings by a public agency which may result in taxes or assessments, or notices of such
proceedings, whether or not shown by the records of such agency or by the public records
7. Any service, installation, connection, maintenance or construction charges for sewer, water, electricity, or
garbage collection or disposal or other utilities unless shown as an existing lien by the public records.
SPECIAL EXCEPTIONS:
8. Taxes and assessments (not including condominium or homeowners association assessments or dues)
for the year 2016 and subsequent years only, a lien not yet due and payable.
9. Reservations and exceptions as set forth in the Deed from the City of Aspen recorded in Book 139 at
Page 216 providing as follows: "That no title shall be hereby acquired to any mine of gold, silver, cinnabar
or copper or to any valid mining claim or possession held under existing laws".
10. Terms, conditions, provisions, obligations and all matters as set forth in Ordinance No. 11, Series of 1993
by City Council of the City of Aspen recorded July 1, 1993 in Book 716 at Page 626.
11. Those terms, conditions, provisions, obligations, easements, restrictions, assessments and all matters as
set forth in Restrictive Covenants for North Street recorded July 1, 1993 in Book 716 at Page 655, deleting
therefrom any restrictions indicating any preference, limitation or discrimination based on race, color,
religion, sex, handicap, familial status, or national origin.
12. Terms, conditions, provisions, obligations and all matters as set forth in Ordinance No. 14, Series of 1997
by City Council of the City of Aspen recorded July 8, 1997 as Reception No. 409076.
13. Easements, rights of way and all matters as disclosed on Survey of subject property recorded July 9, 1997
in Book 43 at Page 18 as Reception No. 406177.
14. Terms, conditions, provisions and obligations as set forth in Determination by Community Development
Department recorded April 27, 2015 as Reception No. 619351.
15. Any existing leases and/or tenancies.
16. Encroachments and all matters as disclosed by Survey of Sopris Engineering LLC dated September
March 26-30, 2015 and September 19, 2016 and October 14, 2016 - 15058 RJ and November 8, 2016.
EXCEPTIONS NUMBERED 1 THRU 7 ARE HEREBY DELETED, EXCEPT FOR SUBSECTION (d)
UNDER PARAGRAPH NUMBER 5 (WATER RIGHTS).City of Aspen
Received
3/20/17
Building Department
Obligatory Insurance Fraud Statement:
We are obligated by Colorado Law (CRS 10-1-128) to provide the following statement:
It is unlawful to knowingly provide false, incomplete or misleading facts or information to an insurance
company for the purpose of defrauding or attempting to defraud the company. Penalties may include
imprisonment, fines, denial or insurance and civil damages. Any insurance company or agent of an insurance
company who knowingly provides false, incomplete or misleading facts or information to a policy holder or
claimant for the purpose of defrauding or attempting to defraud the policy holder or claimant with regard to a
settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance
within the Department of Regulatory Agencies.
City of Aspen
Received
3/20/17
Building Department