7550 Title CommitmentO and E Report 24-02061
File No.: 24-02061
Limited Title Report / Owner’s & Encumbrances Report
1. Effective date of this Report: April 3, 2024
2. Prepared for:
William Hottel
Sandy Shute
3. Property Address: 7550 Dogwood Road, Excelsior, MN 55331
4. The land referred to in this Report is described as follows:
Lot 4, Block 1, Getsch Addition, Carver County, Minnesota.
ABSTRACT PROPERTY
5. The records in Carver County, MN disclose the last recorded conveyance to be in favor of the following:
Charles H. Newell III, a single individual
6. Encumbrances of Record:
NOTE: Name searches have been made only on the apparent record owner(s).
Mortgage dated 09/20/02, filed 10/17/02 as Document No. 327948, executed by Charles H. Newell III and
Jennifer L. Newell, husband and wife to Inter Savings Bank, fsb to secure $30,000.00.
Note: the above mortgage contains a revolving line of credit
The above Mortgage has been subordinated to Document No. 419460 by Subordination Agreement
recorded as Document No. 419461.
Mortgage dated 07/08/05, filed 07/26/05 as Document No. 419460, executed by Charles H. Newell III and
Jennifer L. Newell, husband and wife to Mortgage Electronic Registration Systems, Inc. as nominee for
Residential Mortgage Group, Inc to secure $359,650.00.
8. Real Estate Tax Records:
Real estate taxes payable in 2024 are $14,502.00, Base tax $14,469.00, and are UNPAID.
Homestead.
Property Identification No. 252880040
Note: There are no delinquent taxes of record.
Note: 1st half taxes payable on or before May 15th;
2nd half taxes payable on or before October 15th.
ASSESSED VALUE: $1,264,600.00
O and E Report 24-02061
ASSESSED IN THE NAME OF: Charles H. Newell, III
NOTE:
This report is based on a search of the public records that have been established for the purpose of imparting
constructive notice of matters relating to real property in Minnesota.
This report does not include a search for levied or pending assessments, nor does it include a search for easements,
restrictions, declarations and/or covenants.
This report is NOT an examination of title, a title opinion, an abstract of title, a registered property abstract, a title
insurance commitment nor a title insurance policy.
The liability of the Company in making this report is limited to the cost of the report.
Issued By:
_________________________
Authorized Signatory
Tina Schauer
MN Licensed Abstracter – License # 40662982
Results Title
11200 W. 78th Street
Eden Prairie, MN 55344