Evidence of Title; Survey. On or before Title Deadline (§ 2c), Seller shall cause to be furnished to Buyer, at Seller’s expense, a current commitment for owner’s title insurance policy in an amount equal to the Purchase Price or if the box is checked, (81) G An Abstract of title certified to a current date. If a title insurance commitment is furnished, it (82) G Shall G Shall Not commit to delete or insure over the standard exceptions which relate to:
(1) parties in possession,
(2) unrecorded easements,
(3) survey matters,
(4) any unrecorded mechanic’s liens,
(5) gap period (effective date of commitment to date deed is recorded), and
(6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing.
Evidence of Title; Survey. On or before Title Deadline (Section 2c), Seller shall cause to be furnished to Buyer, at Seller's expense, a current commitment for owner's title insurance policy in an amount equal to the Purchase Price certified to a current date. If a title insurance commitment is furnished, it [X] Shall [ ] Shall Not commit to delete or insure over the standard exceptions which relate to:
(1) parties in possession,
(2) unrecorded easements,
(3) survey matters,
(4) any unrecorded mechanics' liens,
(5) gap period (effective date of commitment to date deed is recorded), and
(6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain this additional coverage shall be paid by [ ] Buyer [X] Seller. An amount not to exceed $ 2,500.00 for the cost of any survey shall be paid by [ ] Buyer [X] Seller. If the cost exceeds this amount, n/a shall pay the excess on or before Closing. The survey shall be received by Buyer on or before Survey Deadline (Section 2c). Seller shall cause the title insurance policy to be delivered to Buyer as soon as practicable at or after Closing.
Evidence of Title; Survey. American Title Insurance Company (the “Title Company”) has delivered to CWI that certain commitment for 2006 ALTA (6/17/06) – Form B Owner’s Policy of Title Insurance proposing to insure CWI’s good and marketable, indefeasible fee simple title to the Real Property (the “Title Commitment”), together with a copy of all documents referenced therein.
Evidence of Title; Survey. On or before Title Deadline (ss.2c), Seller shall cause to be furnished to Buyer, at Seller's expense, a current commitment for owner's title insurance policy in an amount equal to the Purchase Price or if this box is checked, 1/28 An Abstract of title certified to a current date.. If a title commitment is furnished, it XXX Shall 1/28 Shall Not commit to delete or insure over the standard exceptions which relate to:
(1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) any unrecorded mechanics' liens, (5) gap period (effective date of commitment to date deed is recorded), and (6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain this additional coverage shall be paid by XXX Buyer 1/28 Seller. An amount not to exceed $ 200.00 for -------- the cost of any improvement location certificate or survey shall be paid by 1/28 Buyer XXX Seller. If the cost exceeds this amount, Buyer shall pay the ----- excess on or before Closing. The improvement location certificate or survey shall be received by Buyer on or before Survey Deadline (ss.2c). Seller shall cause the title insurance policy to be delivered to Buyer as soon as practicable at or after Closing.
Evidence of Title; Survey. On or before Title Deadline (ss.2c), Seller shall cause to be furnished to Buyer, at Seller's expense, a current commitment for owner's title insurance policy in an amount equal to the Purchase Price or if this box is checked, __ An Abstract of title certified to a current date. If a title insurance commitment is furnished, it __ Shall __ Shall Not commit to delete or insure over the standard exceptions which relate to:
(1) parties in possession, (2) unrecorded easements, (3) survey matters, (4) any unrecorded mechanics' liens, (5) gap period (effective date of commitment to date deed is recorded), and (6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain this additional coverage shall be paid by Seller. An amount not to exceed $200 for the cost of any improvement location certificate or survey shall be paid by __ Buyer __ Seller. If the cost exceeds this amount, Buyer shall pay the excess on or before Closing unless Buyer delivers to Seller or Listing Company, before the improvement location certificate or survey is ordered, Buyer's written notice allowing the exception for survey matters. The improvement location certificate or survey shall be received by Buyer on or before Survey Deadline (ss.2c). Seller shall cause the title insurance policy to be delivered to Buyer as soon as practicable at or after Closing.
Evidence of Title; Survey. On or before Title Deadline (§ 2c), Seller shall cause to be furnished to Buyer, at Seller's expense, a current commitment for owner's title insurance policy in an amount equal to the Purchase Price or if this box is checked, o An Abstract of title certified to a current date. If a title insurance commitment is furnished, it o Shall o Shall Not commit to delete or insure over the standard exceptions which relate to:
(1). parties in possession, (2). unrecorded easements,
Evidence of Title; Survey. 4.1 As evidence of title, Seller has furnished Purchaser with a commitment (the “Commitment”) for an A.L.T.A. Form B Owner's Policy of Title Insurance, without standard exceptions, issued by First American Title Insurance Company (the “Title Company”), along with copies of all instruments described in Schedule B of the Commitment, in the amount of the Purchase Price, and showing marketable and insurable title in the Seller subject only to: (a) the Permitted Exceptions; and (b) such other title exceptions pertaining to liens or encumbrances of a definite or ascertainable amount which may be removed by the payment of money at the Closing, and which the Seller has the right to remove and shall cause to be removed at or prior to Closing, aside from the NCMC Mortgage Documents (the “Removable Liens”). At Closing, the Seller shall cause to be provided to Purchaser, at Seller's expense, a policy of title insurance issued pursuant to the Commitment, insuring the interest in the Project being acquired by Purchaser and containing such additional endorsements as Purchaser shall reasonably request.
4.2 Purchaser has ordered a current ALTA “as built” survey (the “Survey”) of the Project prepared by a licensed surveyor or engineer, certified to the Purchaser, the Title Company and any lenders designated by the Purchaser. The Survey shall show the legal description of the Land, the total acreage of each parcel comprising the Land, all structures and improvements located thereon (excluding mobile home sites), all boundaries, courses and dimensions, set-back lines, easements and rights of way (including any recording references), the location of all highways, streets and roads upon or adjacent to the Land, and the location of all easements for utility lines and connections with such utility lines. The Survey shall be sufficient for removal of the standard survey exception from the policy of title insurance to be issued pursuant to the Commitment and shall not reveal any of the following: (i) encroachments on the Project or any portion thereof from any adjacent property, (ii) the encroachment of the Project, or any portion thereof, on any adjacent property, or (iii) any violation by any portion of the Project of any recorded building liens, restrictive covenants or easements affecting the Project.
Evidence of Title; Survey. On or before Title Deadline (§ 2c), Seller shall cause to be furnished to Buyer, at Seller’s expense, a current commitment for owner’s title insurance policy in an amount equal to the Purchase Price or if the box is checked, (71) G An Abstract of title certified to a current date. If a title insurance commitment is furnished, it (72) G Shall G Shall Not commit to delete or insure over the standard exceptions which relate to:
(1) parties in possession,
(2) unrecorded easements,
(3) survey matters,
(4) any unrecorded mechanic’s liens,
(5) gap period (effective date of commitment to date deed is recorded), and
(6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain this additional coverage shall be paid by (73) G Buyer G Seller. An amount not to 151 152 exceed $(74) for the cost of any improvement location certificate or survey shall be paid by (75)G Buyer G Seller. If the cost exceeds this amount, (76) shall pay the excess on or before Closing the improvement location certificate or 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 survey shall be received by Buyer on or before Survey Deadline (§ 2c). Seller shall cause the title insurance policy to be delivered to Buyer as soon as practicable at or after Closing.
Evidence of Title; Survey. On or before Title Deadline (§ 2c), Seller shall cause to be furnished to Buyer, at Seller’s expense, a current commitment for owner’s title insurance policy in an amount equal to the Purchase Price. If a title insurance commitment is furnished, it ý Shall commit to delete the standard exceptions which relate to:
(1) parties in possession,
(2) unrecorded casements,
(3) survey matters,
(4) any unrecorded mechanics’ liens,
(5) gap period (effective date of commitment to date deed is recorded), and
(6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain this additional coverage shall be paid by ý Seller. The cost of any improvement location certificate or survey shall be paid by One-Half by Buyer and One-Half by Seller. The improvement location certificate or survey shall be received by Buyer on or before Survey Deadline (§ 2c). Seller shall cause the title insurance policy to be delivered to Buyer as soon as practicable at or after Closing. SEE ADDENDUM
Evidence of Title; Survey. On or before Title Deadline (§ 2c), Seller shall cause to be furnished to Buyer, at Seller’s expense, a current commitment for owner’s title insurance policy in an amount equal to the Purchase Price or if this box is checked, o An Abstract of title certified to a current date. If a title insurance commitment is furnished, it x Shall o Shall Not commit to delete or insure over the standard exceptions which relate to:
(1) parties in possession,
(2) unrecorded easements,
(3) survey matters,
(4) any unrecorded mechanics’ liens,
(5) gap period (effective date of commitment to date deed is recorded), and
(6) unpaid taxes, assessments and unredeemed tax sales prior to the year of Closing. Any additional premium expense to obtain this additional coverage shall be paid by x Buyer o Seller. The cost of any improvement location certificate or survey desired by Buyer shall be paid by x Buyer o Seller. The improvement location certificate or survey shall be obtained by Buyer on or before Survey Deadline (§ 2c). Seller shall cause the title insurance policy to be delivered to Buyer as soon as practicable at or after Closing.
