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Agenda - Council - 08/24/2021
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Agenda - Council - 08/24/2021
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3/14/2025 3:07:01 PM
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9/30/2021 9:19:30 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/24/2021
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First American <br />Commitment <br />ALTA Commitment for Title Insurance <br />ISSUED BY <br />First American Title Insurance Company <br />File No: NCS-1039038-MPLS <br />COMMITMENT FOR TITLE INSURANCE <br />Issued By <br />FIRST AMERICAN TITLE INSURANCE COMPANY <br />NOTICE <br />IMPORTANT -READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE <br />POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS <br />COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT. <br />THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION, <br />OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE <br />COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE <br />PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE NO <br />EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED. <br />THE COMPANY'S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED <br />IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE <br />COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER <br />PERSON. <br />COMMITMENT TO ISSUE POLICY <br />Subject to the Notice; Schedule B, Part I -Requirements; Schedule B, Part II -Exceptions; and the Commitment Conditions, <br />First American Title Insurance Company, a Nebraska Corporation (the "Company"), commits to issue the Policy <br />according to the terms and provisions of this Commitment. This Commitment is effective as of the Commitment Date <br />shown in Schedule A for each Policy described in Schedule A, only when the Company has entered in Schedule A both the <br />specified dollar amount as the Proposed Policy Amount and the name of the Proposed Insured. <br />If all of the Schedule B, Part I -Requirements have not been met within six months after the Commitment Date, this <br />Commitment terminates and the Company's liability and obligation end. <br />First American Tillie insurance Company <br />f�. <br />f e <br />• <br />re Priesicle i r <br />If this jacket was created electronically, it constitutes an original document. <br />This page is only a part of a 2016 AL TA ® Commitment for Title Insurance issued by First American Title Insurance Company. This Commitment is not <br />valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I -Requirements; Schedule B, Part <br />II -Exceptions. <br />Copyright 2006-2016 American Land Title Association. All rights reserved. <br />The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses <br />are prohibited. Reprinted under license from the American Land Title Association. <br />Form 50012227 (8-14-18) <br />Page 1 of 9 <br />ALTA Commitment for Title Insurance (8-1-16) <br />Minnesota <br />
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