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Title Insurance1 omi No 13-1311MI!') ALIA 1'InIF 1 1, ilmnpo Commllnurnl COMMITMENT FOR TITLE INSURANCE ISSUED BY First American Title Insurance AGREEMENT TO ISSUE POLICY We agree to issue a policy to you according to the terms of this Commitment. When we show the policy amount and your name as the proposed insured in Schedule A, this Commitment becomes effective as of the Com- mitment Date shown in Schedule A. If the Requirements shown in this Commitment have not been met within six months after the Commitment Date, our obligation under this Commitment will end. Also, our obligation under this Commitment will end when the Policy is issued and then our obligation to you will be under the Policy. Our obligation under this Commitment is limited by the following: The Provisions in Schedule A. The Requirements in Schedule B-1. The Exceptions in Schedule B-2. The Conditions on the other side of this page 1. This Commitment is not valid without SCHEDULE A and Sections 1 and 2 of SCHEDULE B. First American Title Insurance Company BY JV ' PRESIDENT I ATTEST SECRETARY BYr %%,�,,. -r - I ! r.- �;� COUNTERSIGNED ,. , DEFINITIONS (a) "Mortgage" means mortgage, deed of trust or other security instrument. (b) "Public Records" means title records that give constructive notice of matters affecting the title according to the state law where the land is located. 2. LATER DEFECTS The Exceptions in Schedule B - Section 2 may be amended to show any defects, liens or encumbrances that appear for the first time in the public records or are created or attached between the Commitment Date and the date on which all of the Requirements (a) and (c) of Schedule B - Section 1 are met. We shall have no liability to you because of this amendment. 3. EXISTING DEFECTS If any defects, liens or encumbrances existing at Commitment Date are not shown in Schedule B, we may amend Schedule B to show them. If we do amend Schedule B to show these defects, liens or encumbrances, we shall be liable to you according to Paragraph 4 below unless you knew of this information and did not tell us about it in writing. 4. LIMITATION OF OUR LIABILITY Our only obligation is to issue to you the Policy referred to in this Commitment, when you have met its Requirements. If we have any liability to you for any loss you incur because of an error in this Commitment, our liability will be limited to your actual loss caused by your relying on this Commitment when you acted in good faith to: comply with the Requirements shown in Schedule B - Section 1 or eliminate with our written consent any Exceptions shown in Schedule B - Section 2. We shall not be liable for more than the Policy Amount shown in Schedule A of this Commitment and our liability is subject to the terms of the Policy form to be issued to you. 5. CLAIMS MUST BE BASED ON THIS COMMITMENT Any claim, whether or not based on negligence, which you may have against us concerning the title to the land must be based on this Commitment and is subject to its terms. ^./^...`.`',..,�....,^,.... / ���Jr, ���»����������7 � [he IMP Insurance Cummxmnn'is u|enu|contract hemveenyou and {hnonmnanv |\inisxued to show No basis on which we will iasve aTiUn |nnvencn Policy to you. The Policy will inmrn you against certain huxx to No |nod m|e, nohio;/ to the limitations shown in the Policy. The Company will ni"o You a sample o/ mo Policy form, if you ask. The Commitment is based on the land title as Of the ComMitmont Date. Any changes in the land title or the transaction may affect the Commitment and the poxq' The Commitment is avtjoot to its Requirements, Exceptions and Conditions. THIS INFORMATION IS NOT PART OFTHE TITLE INSURANCE COMMITMENT. TABLE OF CONTENTS Page AGREEMENT TO ISSUE POLICY i SCHEDULE | Commitment Date o u. pnUxiro to be |aovoc, Amounts and Proposed |nuvmdo o u. m/emot in the Land and Owner o 4. ooaohc«ion of the Land o SCHEDULea'1 --Ron"iremon\o 3 SCHEDULE 8-2 — Exceptions 4 CONDITIONS m»nr side o/ 1 YOU SHOULD READ THE COMMITMENT VERY CAREFULLY. |fyou have any questions about the Commitment, please contact the issuing office. SCHEDULEA CommitnentDate: Feb. 17 1993 at 8:00 a.m. 2. Policy or Policies to be issued: (a) owners Policy Form No. 1406-87 (4/6/90) Proposed Insured: CF.SN Partnership ❑ (b) Loan Policy Proposed lnsured: ❑ (c) Proposed Insured: Commitment No: CT-3292.8 TC- Policy Amount $70,000.00 Premium: S443.00 $ s Fee Simple interest in the land described in this Commitment is owned, at the Commitment Date,by Lawrence L. Fleming & Ilene B. Fleming as joint tenants. 4. The land referred to in this Commitment is described as follows: A tract of land in the SE4NE4 of Section 12, Township 28 North, Range 22 West, P.M.M.., Flathead _County,_Montana_-des cribec3__as_j' o_110ws.: Commencing at the Southeast corner of the SE4NE4 of said Section 12; thence South 89°47' West and along the Southerly boundary line of said SE�NEk a distance of 646.77 feet to the Southwest corner of the Fast Half of the SE4NE4 of said Section 12; thence North 0°46' West and along the Westerly boundary line of the Fast Half of the SE4NE4 a distnace of 40.0 feet to a point on the Northerly boundary line of a County Road and the True Point of Beginning of the tract of land being described; thence North 0°46' West and along the Westerly boundary line of. said E SEkNEk a distance of 130.0 feet to a point; thence South 89-°47' West and parallel to the Southerly boundary line of said SE4NE4 a distance of 75.0 feet to a point; thence South 0°46' East and parallel to the Westerly boundary line of the E2SE4NE4 of said Section 12 a distance of 130.00 feet to a point on the Northerly boundary line of said County Road; thence North 89°47' East and along the Northerly boundary line of sand Crninty Road a distance of 75.0 feet to the Point of Beginning. SCHEDULE B - Section 1 Requirements The following requirements must be met: (a) Pay the agreed amounts for the interest in the land and/or the nuvir,tagc to he iw;uwd (h) Pay us the premiums, fees and charges for the policy. (c) Documents satisfactory to us creating the interest it) the land :inri/of Me mortgage to het ,n=.urc:r'• must hrr signed, delivered and recorded. (d) You must tell us in writing the name of anyone not referred to in this; Corim)itment who will net an interest in the land or who will make a loan on the land. We may then m, at ,e ;idditional w(iuirements or r->cclriions. ]_ 1 (e) Release(s) or Reconveyance(s) of (f) Other (g) You must give us the following information: 1. Any off record leases, surveys, etc. 2. Statement(s) of identity, all parties. 3. Other CT-32928 SCHEDULE B - Section 2 Exceptions Any policy we issue will have the following exceptions unless they are taken care of to our satisfaction. PART I: 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. 2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments or any other facts which a correct survey would disclose, and which are not shown by the public records. 5. Unpatented mining claims: reservations or exceptions in patents or in acts authorizing the issuance thereof: water rights, claims, or title to water_ 6. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by law and not shown by the public records. 7. Any right, title or--nj-r'7"F'Si- i ?n17 7i i-nerals, mineral rights or related matters i.ncludirl�> h-r not 1_i.mitP0 to oil_, gas, coal and other hN=drocarhons. ,1heth_e-- or 'not shown by the public. - records. 8. General and special county taxes for the year 1993, a lien not yet= payable. (9.}}- General and special_ county taxes for the year 1992 1 BLAST INSTALLMENT $283 .92 (PAID) SECOND INSTALLMENT $194.46 (NOW PAYABLE) TOTAL 5478.38 TAB: RECEIPT NO. 92-34757 ASSESSORS NO. 75 0711490 10. Boundary Line Agreement dated January 24, 1972, executed by William A. Quirt, et al, r.ecnrdod February 7, 1972 in Rook 533, Page 538 es Doc. No. 1)65, re(1orr:� nr Flathead County, Montana. Continued .... Pit. following '.."W !:,- , I;rj!rr :.T' t! in .gin Ai i A I ytr nr;r-r! Poliry CT-32928 Schedule B - Section coot. (111.) A Montana Trust indenture in to secure no indebtedness the principal sum of: I ,original DATED November 3, 1989 AMOUNT $32,000.00 and any other nmounip and/or —n obligations see r e.Ar-hre TRISTOK Lawrenqe L. Fleming and alone B. Flr7jr�- TRUSTEE Security Title Company BENEFICTARY Tia Margaret Quirt RECORDED November 3, 1989 as Doc. No. 89-307-13260, records of Flathead Cnurty, Montana. The Beneficial interest under said Deed of Trust was assimpci by Assignment DATED November 20, 1989 RECORDED November 24, 1989 as Doc. No. 89-328-13520, records of Flathead County, Montana. TO William C. Quirt THE END