Title CommitmentISSUED BY
CARVER COUNTY ABSTRACT & TITLE CO., INC.
AS ISSUING AGENT FOR
CHICAGO TITLE INSURANCE COMPANY
Commitment Number: CA28110
SCHEDULE A
1. Effective Date: May 7, 2014 at 07:00 AM
2. Policy or Policies to be issued: Amount
(a) X Owner's Policy ( ALTA Own. Policy (06/17/06)) To Be Determined
Proposed Insured:
(b) X Loan Policy ( ALTA Loan Policy (06/17/06)) To Be Determined
Proposed Insured:
3. The estate or interest in the land described or referred to in this Commitment is Fee Simple.
4. Title to the Fee Simple estate or interest in the land is at the Effective Date vested in:
Kenneth J. Lang and Betty Lou Lang, husband and wife, as joint tenants
5. The land referred to in the Commitment is Abstract Property situated in Carver County, State of Minnesota
and is described as follows:
SEE EXHIBIT AATTACHED HERETO
FOR REFERENCE PURPOSES ONLY:
The company has not verified, does not insure, and makes no representation that the information below is
about the above insured property. According to insured's representation or vesting instrument(s), the
street address and pin /tax ID # of the property have been represented to the company as follows:
Address: 2631 Forest Avenue, Excelsior, MN 55331
PIN/Tax ID # 25.5150070
Carver County A�tr ct & Title Co., Inc.
B ,
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Authorized Signatory
ALTA Commitment
Schedule A (6/17/06) (CA 28110.PFD /CA 28110/22)
i
ISSUED BY
CARVER COUNTY ABSTRACT & TITLE CO., INC.
AS AGENT FOR
CHICAGO TITLE INSURANCE COMPANY
COMMITMENT NUMBER CA 28110
EXHIBIT A
PROPERTY DESCRIPTION
The land referred to in this Commitment is situated in the County of Carver, State of Minnesota, and is
described as follows:
All of Lot Thirty (30) and that part of Lot Thirty -one (31), Minnewashta Park lying Westerly of a line described
as follows:
Commencing on the South line of said Lot Thirty -one (31) at a point 565 feet West of the East line of said
Minnewashta Park; thence Northerly to a point on the North line of said Lot Thirty -one (31) distant 331.73 feet
West, along the Northerly line of said Lots Thirty-one (31) and Thirty -two (32), from a line drawn parallel with
and distant 265 feet West of the East line of said Minnewashta Park, Carver County, Minnesota.
Above situated on the Northwest Quarter of the Northeast Quarter and Lots 1, 2, 3, Section 4, Township 116,
Range 23 and the West Half of the Northeast Quarter of the Northeast Quarter, Section 4, Township 116,
Range 23, Carver County, Minnesota.
ALTA Commitment (CA28110.PFD/CA28110114)
Exhibit A
W�
ISSUED BY
CARVER COUNTY ABSTRACT & TITLE CO., INC.
AS ISSUING AGENT FOR
CHICAGO TITLE INSURANCE COMPANY
Commitment Number: CA28110
SCHEDULE B
EXCEPTIONS
Upon payment for the full consideration to, or for the account of, the grantors or mortgagors, and recording of
the deeds and /or mortgages, the form and execution of which are satisfactory to the Company, the policy or
policies to be issued shall contain exceptions in Schedule B thereof to the following matters (unless the same
are disposed of to the satisfaction of the company):
1. If an Owner's Policy is to be issued, the mortgage encumbrance, if any, created as part of the
purchase transaction.
2. 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.
3. Rights or claims of parties in possession not shown by the public records.
4. Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed
by an accurate survey and inspection of the premises.
5. Easements or claims of easements not shown by the public records.
6. Any lien, or right to a lien, for services, labor, or materials heretofore or hereafter furnished, imposed
by law and not shown by public records.
7. Taxes or special assessments which are not shown as existing liens by the public records.
8. General and special taxes and assessments as hereafter listed, if any (all amounts shown being
exclusive of interest, penalties, and costs):
(A) Real estate taxes due and payable in 2014 are in the amount of $4,946.00 and are Half Paid. Base
tax is $4,946.00.
Homestead
Property Identification No. 25.5150070
Note: There are no delinquent taxes of record.
(B) NOTE: Levied or pending assessments, if any.
(C) Any charges for municipal services (i.e., water, sewer, correction of nuisance conditions, etc.) are
the responsibility of the parties to this transaction. For information regarding the existence of any such
bills, contact the appropriate municipal office.
9. This Commitment is being prepared to show the status of title for platting or survey purposes.
10. WE REQUIRE that standard form of affidavit, or affidavits, be furnished to us at closing.
ALTA Commitment
Schedule B (06/17/06) (CA28110.PFD/CA28110/22)
S&91991 n-0
CARVER COUNTY ABSTRACT & TITLE CO., INC.
AS ISSUING AGENT FOR
CHICAGO TITLE INSURANCE COMPANY
Commitment Number: CA 28110
SCHEDULE B - EXCEPTIONS
(Continued)
11. WE REQUIRE Well Disclosure Certificates be completed in typed form prior to closing and furnished at
time of closing for all deeds which require a Certificate of Real Estate Value OR the deed must contain
the following statement: "The seller certifies that the seller does not know of any wells on the described
property."
12. If the survey exception is to be deleted, WE REQUIRE a current survey certified to Carver County
Abstract & Title Co., Inc. and Chicago Title Insurance Company for encroachments, easements, visible
or of record, points of access and any improvements.
13. Subject to Mortgage dated December 10, 2003, filed December 26, 2003, as Document No. A376087,
executed by Kenneth J. Lang and Betty Lou Lang, husband and wife, to U.S. Bank National
Association, N.D. in the original principal amount of $200,000.00.
NOTE: AConsent or Partial Release of the lender currently holding the loan would be required to clear
their interest.
14. Subject to Easement for maintaining and operating a pumping plant reserved by Rose Dobbin and
Willard J. Dobbin, wife and husband, as created in Warranty Deed, dated May 23, 1947, filed
November 13, 1947, in Book 53 of Deeds, page 458. (Copy attached.)
15. Subject to Easement for sanitary sewer and water purposes granted to City of Chanhassen as created
in Easement, dated October 5, 1972, filed January 2, 1973, in Book 110 of Deeds, page 15. (Copy
attached.)
16. Note: Identification will be required from all parties required to sign documents at closing.
17. Note: The following is not a part of Schedule B, and is shown for information only. This will not be
included on the final policy.
Please be advised that the Tax Reform Act of 1986 requires that the following information be provided
at closing:
A) Seller's Tax Identification Number or Social Security Number.
B) Seller's full address after the closing.
END OF SCHEDULE B EXCEPTIONS
ALTA Commitment
Schedule B (06/17/06) (CA 281 10.PFD/CA 28110/22)
(*)z Chicago Title Insurance Company
COMMITMENT FOR TITLE INSURANCE
Issued by
Chicago Title Insurance Company
Chicago Title Insurance Company, a Missouri corporation ( "Company'), for a valuable consideration, commits to issue its
policy or policies of title insurance, as Identified in Schedule A, in favor of the Proposed Insured named in Schedule A, as
owner or mortgagee of the estate or interest in the land described or referred to in Schedule A, upon payment of the premiums
and charges and compliance with the Requirements; all subject to the provisions of Schedules A and B and to the Conditions of
this Commitment.
This Commitment shall be effective only when the identity of the Proposed Insured and the amount of the policy or policies
committed for have been inserted in Schedule A by the Company.
All liability and obligation under this Commitment shall cease and terminate 90 days after the Effective Date or when the
policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue the policy or policies is
not the fault of the Company.
The Company will provide a sample of the policy form upon request.
IN WITNESS WHEREOF, Chicago Title Insurance Company has caused its corporate name and seal to be affixed by its duly
authorized officers on the date shown in Schedule A.
MN2039 CHICAGO MIX tN$VRANCE COMPANY
Carver County Abstract & Title Co., Inc.1
411 Chestnut Street North f (J' "
Chaska, MN 55318 my- P ,
Tel:(952) 448 -5570 t P ow..
Fax:(952) 448 -5155
Countersigned:
Authorized Signatory
72C 10 1 (6106) ALTAComn*ffew.2006
s O,v� M1-1610
1. The term mortgage, when used herein, shall include deed of trust, trust deed, or other security instrument.
2. If the proposed Insured has or acquired actual knowledge of any defect, lien, encumbrance, adverse claim or other
matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in
Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be
relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is
prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to the
Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse
claim or other matter, the Company at its option may amend Schedule B of this Commitment accordingly, but such
amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these
Conditions.
Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties
included under the definition of Insured in the form of policy or policies committed for and only for actual Ioss
incurred in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or (b) to eliminate
exceptions shown in Schedule B, or (c) to acquire or create the estate or interest or mortgage thereon covered by this
Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies
committed for and such liability is subject to the insuring provisions and Conditions and the Exclusions from
Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby
incorporated by reference and are made a part of this Commitment except as expressly modified herein.
4. This Commitment is a contract to issue one or more title insurance policies and is not an abstract of title or a report of
the condition of title. Any action or actions or rights of action that the proposed Insured may have or may bring
against the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon
covered by this Commitment must be based on and are subject to the provisions of this Commitment.
5. The policy to be issued contains an arbitration clause. All arbitrable matters when the Amount of Insurance is
$2,000,000 or less shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of
the parties. You may review a copy of the arbitration rules at <h1tp.1Avww.a1taorg1>.