Home Builders TitleISSUED BY
CUSTOM HOME BUILDERS TITLE, LLC
AS ISSUING AGENT FOR
STEWART TITLE GUARANTY COMPANY
Commitment Number: HB -37163
SCHEDULE A
1. Effective Date: April 15, 2018 at 07:00 AM
2. Policy or Policies to be issued:
(a) X Owner's Policy ( ALTA Own. Policy (06/17/06) )
Proposed Insured:
Estate Development Corporation
(b) Loan Policy ( ALTA Loan Policy (06/17/06) )
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:
Daniel Anderson and Jill Anderson, as joint tenants
Amount
$ 310,000.00
5. The land referred to in the Commitment is 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 of the property has been represented to the company as follows:
Address: 3861 Red Cedar Point Rd, Chanhassen, MN 55331
Custom Home Builders Title, LLC
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Custom Home Builders Title, LLC
ALTA Commitment
Schedule A (6/17/06) (HB-37163.PFD/HB-37163/19)
ISSUED BY
CUSTOM HOME BUILDERS TITLE, LLC
AS ISSUING AGENT FOR
STEWART TITLE GUARANTY COMPANY
COM M ITM ENT NUM BER HB -37163
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:
That part of Government Lot 1, Section 8, Township 116 North, Range 23 West, Carver County, Minnesota,
described as follows: Commencing at the Northwest corner of said Section 8; thence North 89 degrees 19
minutes 20 seconds East along the North line of said Section a distance of 670.0 feet; thence South 7
degrees 49 minutes 20 seconds West a distance of 720.0 feet to the centerline of Red Cedar Point Road;
thence South 66 degrees 51 minutes 10 seconds East along said centerline a distance of 222.0 feet to a point
distant 576.4 feet Northwesterly of the East Line of said Government Lot 1, as measured along the centerline
of said Red Cedar Point Road, said point being the actual point of beginning of the tract of land to be
described, and which point is also the Northeasterly corner of that tract of land described in the first
description appearing in Book 51 of Deeds, Page 884, office of the Register of Deeds, Carver County,
Minnesota; thence continuing South 66 degrees 51 minutes 10 seconds East along said centerline of Red
Cedar Point Road a distance of 197.0 feet; thence South 13 degrees 15 minutes 40 seconds West a distance
of 254.25 feet; thence North 77 degrees 42 minutes 10 seconds West a distance of 211.69 feet more or less
to the Easterly Line of said tract as described in said Book 51 of Deeds, page 884; thence North 16 degrees
42 minutes 50 seconds East along said Easterly Line a distance of 292.17 feet more or less to the actual point
of beginning and there terminating. Excepting therefrom that part taken for Red Cedar Point Road.
Except all that part of the above described land lying Easterly of the West line of the tract of land described in
Certificate of Title No. 5187, Files of Registrar of Titles, Carver County, Minnesota, which tract of land is
described as follows:
All that part of Government Lot 1, Section 8, Township 116 North, Range 23 West, described as follows:
Commencing at the Northwest corner of said Section 8; thence east on the North Line of said Section a
distance of 670 feet to the center line of Glencoe Road; thence South 8 degrees 56 minutes West along the
center of Glencoe Road for a distance of 713.4 feet to the intersection of the center line of said Glencoe Road
with the center line of Red Cedar Point Road; thence South 65 degrees 56 minutes east along the center line
of said Red Cedar Point Road a distance of 619 feet to the initial point of beginning of the land to be
described; thence South 33 degrees 25 minutes west for a distance of 210 feet; thence North 90 degrees 00
minutes west 166.90 feet to a point; thence northeasterly on a line having a bearing of North 16 degrees 10
minutes east a distance of 273.77 feet; more or less, to the center line of said Red Cedar Point Road; thence
southeasterly on the center line of said Red Cedar Point Road a distance of 224.17 feet, more or less, to the
place of beginning, all in Carver County, State of Minnesota, excepting therefrom that part taken for said Red
Cedar Point Road.
Torrens Property
Torrens Certificate No. 37556.0
ALTA Commitment (HB-37163.PFD/HB-37163/19)
Exhi bit A
ISSUED BY
CUSTOM HOME BUILDERS TITLE, LLC
AS ISSUING AGENT FOR
STEWART TITLE GUARANTY COMPANY
COM M I T M ENT NUM BER HB -37163
SCHEDULE B - SECTION I
REQUIREMENTS
The following are the requirements to be complied with:
Warranty Deed from Jill Anderson and Daniel Anderson, wife and husband, to Estate Development
Corporation.
Assignment of Purchase Agreement assigning the interest of Thomas L. Gonyea to Estate Development
Corporation
Secure and record a Release or Satisfaction of the following Mortgage:
Dated May 18, 2015
Filed May 28, 2015
Document No. 195477
Amount: $201,000.00
Executed by: Jill Anderson and Daniel Anderson, wife and husband
To Mortgagee: Mortgage Electronic Registration Systems, Inc., as nominee for Lender, American
Mortgage & Equity Consultants, Inc.
4. Obtain a release, satisfaction or an affidavit of non-identity for the following judgment:
Judgment against Daniel Anderson, dated October 20, 2008, docketed October 20, 2008, as Case No.
10CV081521, in the amount of $2,855.28, in favor of Palisades Collection LLC AT & T.
IN ORDER FOR CUSTOM HOME BUILDERS TITLE, LLC TO CLOSE THIS TRANSACTION, WE
REQUIRE A CASHIERS CHECK OR WIRED FUNDS TO BE RECEIVED AT OR PRIOR TO CLOSING.
*** Wire Fraud and Email Hacking are on the rise with title companies and their customers. Please DO
NOT WIRE any funds to Custom Home Builders Title, LLC without calling in advance to verify our wire
instructions. ***
*** Sale proceeds will not be wired without written authorization. ***
Upon our receipt and review of a standard form of affidavit, Items Nos. 3, 6 and 7 of Schedule B -
Section II may be deleted from the final policy. A plat drawing will be required to delete Item Nos. 4 and 5
of Schedule B - Section II from the final policy.
We require a Well Disclosure Certificate be completed and furnished at the time of closing for all deeds
that require a Certificate of Real Estate Value. OR The following statement must be added to the deed:
The seller certifies that the seller does not know of any wells on the described real property.
The Tax Reform Act of 1986 requires that the seller provide the following information at the time of
closing:
1. Tax Identification Number
2. Full Forwarding Address.
Issued by: Custom Home Builders Title, LLC, 10850 Old County Road 15, Plymouth, MN 55441
If you have questions about this commitment or about the closing of this transaction please contact
Tanya Gardner at (763) 489-3240 x 271 or email tanyag@chbtitle.com.
ALTA Commitment
Schedule B- Section 1(06/17/06) (HB-37163.PFD/HB-37163/19)
ISSUED BY
CUSTOM HOME BUILDERS TITLE, LLC
AS ISSUING AGENT FOR
STEWART TITLE GUARANTY COMPANY
COM M ITM ENT NUM BER HB -37163
SCHEDULE B - SECTION II
EXCEPTIONS
Schedule B of the policy or policies to be issued will contain exceptions. 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 material heretofore or hereafter furnished, imposed
by law and not shown by the 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 payable in 2018 are $3,728.00 and are half paid. Base Tax $3,698.00. Property
Identification No. 25.0080700. (Non -Homestead)
Note: There are no delinquent taxes of record.
B) Levied or pending assessments of record if any.
Note: An assessment search has been requested and an endorsement will follow with the results of
that search.
Terms and conditions of Easement in favor of Village of Chanhassen, as created in document dated
February 28, 1973, filed April 23, 1973, as Document No. 18336.
10. Rights or claims of tenants, as tenants only, in possession under unrecorded leases.
END OF SCHEDULE B EXCEPTIONS
SEE ATTACHED FOR ADDITIONAL INFORMATION REGARDING THIS FILE
ALTA Commitment Schedule B - Section 11 (06/17/06) (HB-37163.PFD/HB-37163/19)