Loading...
HomeMy WebLinkAbout2010-010 HomesteadBILL N0.2010 - 010 ORDINANCE N0.2010 - 010 AN ORDINANCE AUTHORIZING THE MAYOR TO PURCHASE REAL PROPERTY LOCATED AT 4806 AND 4812 NW HOMESTEAD TO BE USED FOR STREET PURPOSES BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: (1) The Mayor is hereby authorized to sign the attached real estate contract and any and all other necessary documents to affect the purchase of real property located at 4806 NW Homestead and 4812 NW Homestead to be used for street purposes. (2) This ordinance shall be in full force and effect immediately upon passage. ADOPTED AND APPROVED by the Board of Aldermen and Mayor of the City of Riverside, Missouri, this ~ day of ~ , 2010. APPR VED: Mayor Kathleen L. Rose ATTEST: City Clerk RESIDENTIAL REAL ESTATE SI~1LE CONTRACT 2 4 6 8 is r1 r~ 13 14 i5 16 17 18 1s ~a 21 22 23 25 26 27 28 29 34 32 33 34 35 38 3$ 39 40 41 43 44 45 46 47 48 49 50 5i 53 55 5s THIS CONTRACT' is made between: (PRINT NAMES AND INDICATE MARITAL STATUS; 1F NOT COMPLETEp, SELLER'S NAMES TQ 13E 1NSERTEQ BY LI~,ENSEE ASSISTING SELLER PRIDR TO PRESt=NTAT1aN TO SELLER) SELLER: William L Arbuckle Penn M Arbuckle BUYER: Ct.ty of Riverside, Missouri __ ^ Bank-Owned Property (check if applicable): If the real property is bank-owned and the titled owner of record is not known at the Effective Date of this Contract, BUYER and SELLER agree the Hama of fhe SELLER fs emended to as it is stated in the peed at closing and is incorporated herein by reference and in any arnendmenfs and addenda. SELLER warrants it has full authority to sign ar)d perform on this Contract on behalf of the titled owner of record. The Effective pate shall be fhe date of final acceptance by the last petty to sign this agreement and/or addendum(s) attached hereto. '1. PROPERTY. BUYER agreBS #o purchase and SELLER agrees to sell the real property and the improvements thereon (the "Property") commonly known as: 4BD5 NW E3om~se~ad 4812 N'PEr 13Caaestead Riverside 44X50 Ts3-a.tCe Street Address City Zip County STATE: (check one) ®Missouri ^ Kansas LEGAL DESCRlPT1QN: (As described in the attached Legal Description Addendum or as described below) _ _ ^ lmprovemenis on the property include amanufactured/mobile home. (A manufactured/moblle home m$y be considered personal property unless certain requirements have bBen me#_) This CantracT, including the Fixtures, Equipment and Appliances paragraph of the Seller's Disclosure and Condition of lroperty Addendum ("Seller's Disclosure"), not the MLS, or other promotional material, provides for what is included in the sale of the Property. Items listed in the "Additional Inclusions" or "Exclusions" below supersede the Seller's Disclosure and the pre- printed list below. If there are no "Additional Inclusions" or "Exclusions" listed, the Seller's Disclosure and the pre-printed list below govern what is or is not included in the sale. If there are differences between the Seller's Disclosure and the pre-printed list below, the Seller's Disclosure governs. Unless modified by the Seller's Disclosure and/or the "Additional Inclusions" and/or the "Exclusions", all existing improvements on the Property (if any) and appurtenances, fixtures and equipment (which seller agrees to own free and clear) whether buried, nailed, bolted, screwed, glued or otherwise penman®ntly attached to the Property are expected to remain with Properly, including the following, if any: Attic and ceiling fans Bathrpom mirrors (WAIT mountedl hung) Central air conditioning Central vacuum & attachments Fences (incl. invisible & controls} Fine, smoke and burglary deteetian units (if owned) Fireplace screens and/or glass doors (if attached) Floor coverings (rf attached} Garage doer openers (and remote Transmitting units) Gas heaters Gas logs and fireplace grates Heating and plumbing equipment (and fixtures) Mumidifiers (if attached) Keys to all doors Kitchen appliances (built-in) Lightfng and light fixtures Other Mirrors (if attached) Outside cooking' units (if attached) Owned propane tanks Shelving (If attached) Soft water conditioner (!f owned) Storm windows, doors & screens TV antennas (if attached; excluding satellite dishes) Sp rinkler systems & controls Windo-v coverings and components Residentfa/ Rea! Estate Sale Contract 2090 page f of ro ICellea Williams Nar~bland Farmers 79151J. Oak 7tafrcwayKansas C1ty,1v14 64i 18 Phone: (816) 268 - 4QG0 Fsa: ($16) 326 - 36Q5 Felony Alrbuckle pfo0uced wiNr LpFom~byzlptogar l80~o Flhaen Mle Reed, Preset, M1Tichigan asoa6 0 ' c William Arbuolc 58 59 60 ~1 63 64 65 66 B7 68 69 7a 71 72 73 74 75 7G 77 78 7s ~o 81 S2 83 84 85 87 88 $9 90 91 92 94 95 96 97 98 99 100 101 102 103 104 105 1os 107 108 109 11a 111 112 113 114 115 a. Additional Inclusions. The folbwing items, if any, supersede the Seller's Disclosure and fhe pre-printed list above, are Considered to be a part of the Property and are included in the salsa b. Exclusions. The following items, if any, supersede the Seller`s tisclosure and the pre-printed list above, are not Considered to be a part ofi the Pxaperty and are not included in the sale: 2. DISCLOSURES. THIS CONTRACT SHALL NOT BE EFFECTIVE UNTIL SELLER COMPLETES AND BUYER & SELLER HAVE SIGNED A SELLER'S DISCLOSUpE AND CONDITION OF PROPERTY ADDENDUM AND, IF APPLICABLE, LEAD BASED PAINT ADl)ENpUM FOR THE PROPERTY. SELLER confirms i»formation con#ained In the Seller`s Disclosure and Condition of Properly Addendum is current as of the "Effective Dafe" of the Contract SELLER Shari advise BUYER of any substantial change in the condition of the Property prior to Closing. LEAD BASED PAINT DISCLOSURE: iF 7HE PROPERTY WAS BUILT PRIOR TO 7978, BUYER ACKNOWLEDGES RECf=IVING, READING AND SIGNING THE FEDERALLY REQUIRED DISCLOSURE REGARDING LEAD BASED PAINT'. In Missouri and in Kansas, law requires persons who are convicted of certain crimes, including certain sexually violent crimes, to register with the sheriff of the county in which they reside. if you, as the BUYER, desire information regarding those registrants, you may find information on the hamepage of the Kansas Bureau of Investlgetion (KBI) at http://www.Kansas.gov/kbi or by contacting the local sheriff's office in Kansas. In Missouri, BUYER should contact the sheriff of the county in which the Property is located, 3. ADDENDA. The following Addenda (riders, supplements, etc.) are attached hereto and are a part of this Contract (Check appricabre bores): ® Agency Disclosure Addendum ^ Contingency for Sale and Closing Addendum ^ Financing Addendum ^ Dispute ResolutionlMediation Addendum ^ Seller's Disclosure and Condition of Property Add. ^ Condo R®sale Certificate (Missouri only) ^ Leac! Based Paint Disclosure Addendum ^ Other: ^ Lieting Company Disclosure ^ Other: ^ Selling Company Disclosure ^ Qther: 4. PURCHASE PRICE. The I~urahase Price for the Property is .......... , . $ p UO o which BUY1*R agrees to pay as follows: a. Earnest Money in fhe form of: (Check one) ^ Personal check OR ^ Other in the amount of .... . . ........ . . . ............ . .......... $ posited with: (Check one) Listing Broker ^ ~ ~~~ ~~~~ Escrow Agent ^ SELLER (BUYER acknowledges that funds payable to and held by the SELLER WILL NOT be held subject to the terms in Earnest Money and Additional Deposits paragraph.) b. Additional Earnest Money on dr before ~ Deposited with: (Check one) ^ Listing Broker ^ Escrow Agent ^ SELLER (BUYER acknowledges that funds payable to and held by SELLER WILL NOT be held subject to the terms of Earnest Money and Additional Deposits paragraph.) Residential 1~eat Estate Sala Contract 20T 0 Page 2 of T O {a) (b) P~~dwN+.~+,vFOmr&Ayrlplogit 1BO7oFdram,MgeRoae,r'tmse+,"~saas p~ WiIti~ts~u,9,rbuck 1is 717 118 119 12Q 121 122 123 124 1~5 its 127 12$ 129 130 131 132 133 134 135 136 137 138 i39 140 141 142 143 144 145 146 i47 148 749 150 151 752 153 154 155 156 157 158 159 16Q 1B1 162 163 764 1 Ea5 1ss i67 168 169 c. Total Amount Financed by BUYER (5EE ATTACHED FINANCING ADDENDUM) (not including financed mortgage insurance premiums, DVA Funding Fee or other closing costs, if any} .... . ..... . . . . . . . $ (c) d. Balance of Purchase Price to be paid in CERTIFIED FUNDS (Purchase Price Less a, b & c of this paragraph) on or before fhe Glosing Date .. _ _ ... $ o 0 0 . (d) e. SELLER paid costs} for BUYER'S financing is per attached Financing Addendum, if any. f. In the event of a cash sale, BUYER shall provide written verification from a depository of funds on deposit within calendar days (5 days if left blank) which together with the financing mentioned above, if any, are sufficient to complete the Closing on this Contract. 5. ^ APPRAISED VALUE CONTINGENCY. (Check only if financing is NOT being obtained.) BUYER may, within _ __ calendar days from the date of this Contract (within the Inspec#ion Period, if left blank) obtain, at BUYER'S expense, an appraisal of fhe Property by an independent licensed appraiser. Notwithstanding any other terms of this Contract, if the final appraised value of the Property, as determined by BUYER'S appraiser, (after reconsideration if requested by SELLER) is not equal to or greater than the Purchase Price, BUYER may cancel #his Contract by written notrce td SELLER, which notice shall be accompanied by a copy of the appraisal. if within five (5) days after receipt of BUYER"S notice of intent to cancel, SELLER does not agree in writing to reduce the purohase price to an amount equal to the final appraised value of the Property, as determined by BUYER'S appraiser, or BUYER and SELLER fail to agree in writing on an acceptable sale price, this Contract shall tie cancelled and BUYER'S Earnest Money and any Addltlonal Deposits shall be subject tv the provisions of the Earnest Money and Addltlonal Deposits paragraph of the Contract. 8. CLOSING AND POSSESSION. On or before reh 1 2 0 ("Glosing Date') SELLER shall execute and deliver into escrow with the title company(s) or other closing agent(s), a general warranty deed (or special warranty deed or fiduciary deed, If SELLER is a corporation, association, financial institution or fiduciary) and all other documents and funds necessary to satisfy SE'LLER'S obligations under this Contract do or before the Glosing Date, BUYER shall execute and deliver info escrow with the title company(s) or other closing agent(s), all documents (including note(s), mortgage(s)/deed(s) of trust, and arty other documents required by BUYE7~'S lender, if BUYER is obtaining financing) and funds (including loan proceeds, if BUYER is obtaining financing) necessary to satisfy BUYER'S obligations under this Contract SELLER AND BUYER ACKNOWlAEDGE ALL 1=UNDS REQUIRED FOR CL051NG MUST BE IN THE FORM OF CASHIER'S CHECK, WIRE TRANSFER OR OTHER CERTIFIED FUNDS. When all documents and funds have been executed and delivered into escrow with the title company(s) or other closing agent(s), the closing shat! be completed. SELLER shall deliver possession pf the Property to BUYER on March 1 2 010 at , ~, . M., (if left blank, fhe Closing Date at 5.00 P.M.) {"Possession Date"). BUYER shall not occupy the Property or place personal property in or on it prior to completion of the Closing and disbursement or availability of SELLER'S proceeds, if any, unless otherwise agreed upon in writing by the BUYER and the SELLEFI. 7. D LIMITED HOME WARRANTY AWN. (Check ifappllcable): Q SELLER ^ BUYER, at a cost not to exceed $ _ _ ,agrees to purchase a home wawa»ty plan from (vendor) to be paid at Glosing. A home warranty plan is a Ifmr'ted service Contract covering repair or replacement of the working components of the Property for one year from fhe Closing Date subject to the terms and conditions of the individual plan with a per claim deductible of $ .The {Check one)^ Licenses assisting SELLER ^ Licensee assisting BUYER snail be responsible for making arrangements for the home warranty plan, submitting required documentation for such to the Closing Agent prior to Closing. Broker may receive a fee from the warranty company. Home warranty plans may not cover pre-existing conditions and are not a substitute for inspections. Residentl~I Real Estate Sale Contract 20io Page 3 of 70 ~oduoed wi04 ZP~~++~ by x1PLnJ6f 18070 Fdtoan Mila Roaa, fiABBr, Mmhigen 4eo26 y~~' com ~WSII[8Al AYbuC~c 17p 8. UTILITiES/MAINTENANC~/CASUALTY LOSS. SELLER agrees fo leave all utilities on until the dafe of 17i possession unless otherwise agreed SELLER shall maintain the Property in its present condition through i~2 the Possession Date. Unless otherwise agreed in writing, SELLER shall remove alt possessions, trash and 173 debris from, and clean the Properfy, upon vacating or prior to delivery of Possession. SELLER agrees to 774 perfr5rm ordinary and necessary maintenance, upkeep and repair to the Property and to keep the 17'5 improvements on the Property fully insured until delivery of SE'LLER'S deed to BUYER. If before delivery 17B of the deed to BUYER, improvements on tha Properly are damaged or destroyed by fire or other causes i77 Including those that could be covered by what is known as fire and extended coverage insurance, then the 178 SELLER shall notify the BUYER in writing within 2Q hours of such damage. The parties agree that the risk 779 of that damage or destruction shall be t~orne as follows- 7) if the damage is minor, SELLER may repair or 1$p replace the damage done to the Property if the work can be completed before the Closing date. If the 781 SELLER elects to repair or replace the damage done to the PropeKy, buf repair/replacement can not be 182 completed prior to the Closing, with written agreement between the parties one of the following options will 183 be chosen: i) SELLER w111 pay for repair/replacement after Closing, if) the parties well extend the Closing 184 date to such time as repairs/rep/acement can be completed, or iii) with consent of BUYER'S lender, 1.5 185 times fhe esfimated cast of repair/replacement will be escrowed until repair/replacement is complete with 186 any funds remaining after payment for repairs/replacement being remitted to the party that funded the 187 escrow; 2} If SELLER elects not to repair or replace the damage done to the Property, or if the damage is i 88 not minor, the BUYER may enforce or cancel this Contract toy written notice to SELLER within 10 days after 189 receiving notice of such damage to the Property; 3) If BUYER elects to enforce this Contract, the Purchase 190 Price shall not be reduced and the Property shall be conveyed in its existing condition at fhe time, provided 191 SELLER shall be responsible for paying the insurance deductible and assign SELLER'S fire and extended 192 coverage proceeds to BUYER of Closing. If BUYER and SEL~,ER mutually agree upon the cost of repairs, 193 then SELLER may pay the cast of those repairs. 194 195 O (Check if applicable) THE BUYER SHALL PAY SELLER FOR TH1= AMOUNT DF FUEL LEFT IN 196 TANK AT CLOSING, SELLER SHALL hlAVE TANK ~ READ PR/QR TO CLOSING AND PROVIDE 197' DOCUMENTATION 198 799 9. EARNEST MONI=Y AND ADDITIONAL DEPt7SITS. Upon acceptance of this Contract, unless 200 otherwise agreed, any Earnest Money or Additional Deposits shall be deposifed wifhin 5 business days (if 201 Kansas Praperty~70 banking days (if Missouri Property) of the Effective Date, in an insured escrow account 202 maintained by Listing Broker or Escrow Agent. BUYER and SELLER agree fhe Listing Broker or Escrow 2p3 Agent may refain any interest earned on escrowed funds, If this Contract is terminated by the express 204 provisions of this Contract or by either party pursuant to a right expressly given in this Contract, the Eamest 205 Money and Additional Deposits shall be returned to BUYER, and neither party shall have any further rights 206 or obligations under this Contract, except as otherwise stated in this Contract. Notwithstanding any other 207 terms of this Contract providing for the forfeiture or refund of Earnest Money and Additional 2p8 Deposits, the parties understand neither the Listing Broker nor the Escrow Agent can distribute the 209 Earnest Money and Additional Depastts without the written consent of all parties to this Contract 210 unless permitted to do so by applicable state laws, If BUYER and SELLER are unable to agree in 271 writing upon the disposition of the Earnest Money and Additional Deposits or any other funds, Listing 212 Broker or Escrow Agent may commence an inter-pleader or similar proceeding and BUYER and SELLER 213 authorize Listing Broker or Escrow Agent to pay all funds to fhe Clerk of fhe Court for disposition as the 214 Court may direct, BUYER and SELLER agree Listing Broker or Escrow Agent shall be entitled to 275 reimbursement of t#s costs incurred in connection with the inter-pleader or similar proceeding 276 including without limitation, reasonable attorneys' fee$ and expenses. BUYER and SELLER agree, 217 in the absence of a dispute or written consent tp distribution, the failure by either to respond fn writing to a 218 certified letter from Listing Broker or Escrow Agent within 7 days (If Kansas Property)/15 days (>t Missour! 219 Property) of receipt (hereof or failure to make written demand for return or forfeiture of the 1=arrest Money 22p and Additional Deposits within 30 days {if Kansas Property]/60 days (if Missouri Property) of notice of 221 cancellaflon of this Contract shall constitute consent to distribution of fhe Earnest Money and Additional 222 Deposits as suggested in such certified letter. All parties acknowledge that any earnesf deposit funds 223 remain in the Broker`s escrow account for over i year (if Missouri Propertyjl5 years (rf Kansas property) 224 may he sent to the respective states as requested or required bylaw. Residential Resi Estate Sala contract 2010 Paga 4 of f0 Produced wlah DpFOnnmby zgoLogbc 18070 FHleen Mde Road Frnrar, lLlich7gan 4H028 ww~vsicLaaixcovn William Arbuck 22' 22E 22i 221: 225 23G 231 232 233 234 235 236 237 2913 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 25$ 259' 260 261 282 263 264 265 2s6 267 26$ 269 270 271 272 273 274 275 278 277 278 279 280 1 t). SURVEY. BUYER may, at BUYER'S expense, obtain a "staked" survey of the Praperty before the Closing Date to assure fhere are no defects, encroachments, overlaps, boundary Ilne or acreage disputes, or other such matters, would be disclosed by a survey. BUYER acknowledges a Mortgage Inspection Report or "Loan Survey" normally required by a lending Institution Is not a "staked" survey. A title insurance company typically requires a "staked" survey in order #o provide survey coverage to the BUYER. Prior to the Closing Date, BUYER shat! notify SELLER of any encroachments of any improvements upon, from, or onto the Property or any building setback line, property line, or easement, which encroachment shall be deemed to be a title defect. SELLEA shall .remedy such defects as are susceptible of being remedied prior to the Closing Date, If SELLER does not remedy the defects in title, BUYER shall have the option of (a) completing this purchase and accepting the title SELLER is able to convey without adjustment In the Purchase Price, or (b) cancelling this Contract. i1, EVIDENCE OF TITLE. a company authorrzed to insure titles in the state where the Property fs located. Unless there is s defect in title to the Property is not corrected prier to the Closing Date, t~UYER may not object to untimely delivery of the title commitment. The title commitment shall commit fo insure a marketable fee simple title to the BUYER upon the recording of the deed or other document of conveyance. However, title to the Property shall be subject to the canditiarts in this Contract and to customary covenants, declarations, restr7ctians, zoning laws, easements, par(y wall agreements, special assessments, and community Contracts of record as of the effective date of the title commitment ffhe "Permitted Excentlons"1_ RrfvFR ch~rr h~„o defects~in title. IfVSELLER does~not remedy the title~defects before the Closing Date, BUYER may eldest to waive the objections, extend the Closing Date a reasonable time for SELLER to remedy the defects or cancel this GpntracL Provided, If the time between the Effective Date and the Closing Qate is too short to permit compliance with the time frames described In this paragraph, both the Commitment pelivery Date and the abjection Period shall be as soon as reasonably possible but no later than the Closing Date. SELLER agrees to provide and pay for an owner's title fnsurance policy in the amount of the Purchase Price insuring marketable fee simple title in BUYER, subject to the Permitted Exceptipns and with the exception of any liens, encumbrances or other matters affecting title to the Property created by BUYER or arfsing by virtue of BUYER'S activities or ownership. 7"he policy shat! also insure BUYER as of the date of recording of the deed or other document of conveyance, against any lien, or right to a lien, for services, labor or material imposed by law and not shown by the public records. SELLt=R agrees to comply with the requirements of the title company far issuance of this coverage. UNLESS OTHERWISE PROVIDED IN THIS CONTRACT, THE OWNER'S TITLE POLICY WILL INCLUDE M!~GHANIC`S LIEN COVERAGE. 't 2. TAXES, PRORATIONS & SPECIAL ASSESSMENTS. All general/statelcounty/school and municipal real estate taxes, homeowner's association dues and fees, special assessments, Inter®st on existing loans to be assumed by BUYER, and any other contractual obligations of SELLER.to be assumed by BUYER for years prior to the current calendar year shall be paid by SELLER. Any of the preceding !tams which become due and accrue during the calendar year in which SELLER'S warranty deed is delivered (including rents, if applicable) shall be prorated between the parties as of the Closing 17ate and, for all years thereafter, to the extent permitted by applicable law, shall be assumed and paid by the BUYER. BUYER acknowledges that the Property maybe subject to a special assessment, fee, or located in an improvement district BUYER acknowledges this disclosure is required by Kansas law, and may be found in the Seller's bisc/osure and Condition of Property Addendum or a separate document, if applicable. If the ac#ual amount of any item, other than taxes for the current year. cannot be ascertained from the public record, the amount of the item for the preceding year will be used for the current year's amount. If the actual amount of taxes for the current calendar year cannp# be determined, it will be estimated by using the current year's appraised value, if available from the county taxing authority, and last year's mill levy. If appraised value is not available, the Contract purchase price will be used with last year's mill Isvy. BUYER and SELLER agree to accept such prorations as final and release each other, Broker(s), Agent(s), and Closing Agent(s) from any liability for any increase or decrease in actual taxes due. fiestdentia/ Real Estate Sale Contract 201 p Page 5 of i0 PraducgdWlfhDpForm~bl'r1PLopLr 1&J70FiltaenA?lleRUed,FrpgB1,A4/dlfg3h4Bfj26 1Y4N4.ZipLodicown William Arbuc~C 2B1 In Missouri, reassessment takes place in odd numbered years. Missouri transactions closing in 282 odd numbered years are subject to the process in the preceding paragraph. 14Alssouri transactions 283 closing in even numbered years will be prorated based upon the preceding year's tax amount. 284 See "Utilities" paragraph for information related to fuel tank and amount of fuel left en the tank at 288 Closing. 286 287 13. PARTIES. This Is a Contract between SELLER and BUYER. if SELLLER or BUYER constitufes two or 288 more persons, the terms °SELLER" or "BUYER" shall be construed to read "SELLERS" or "BUYERS" 289 whenever the sense of the Contract requires. Unless identified as SELLER or BUYER, Listing Broker and 290 any Cooperating Broker and their Agents (collectively referred to as "Broker°) and any escrow or Closing 291 Agent are acting as agents only and are not parffes fo this Contract. SELLER and BUYER acknowledge 292 Broker may have a financial interest in third parties providing specialized services required by this Contract 293 including, but not limited to, lender, title insurance company, escrow agent, Glosing Agent, warranty 294 company, wood infestafion/mechanical/structura! or other inspectors and repair personne!_ SELLEt~ and 295 BUYER agree Broker shall not be responsible for the conduct of third parties providing specialized 296 services whether those services were arranged by SELLER, BUYER, yr Broker on behalf of either. 297 298 14. NOTICES. Any notice or other communication required or permitted hereunder may be delivered in 299 person, by facsimile, United States Postal Service, courier service ar email to the address set forth 1n this 300 Contract or such other address ar number as shalt .be famished in writing by any such party. Such notice ar 301 communication shall bs deemed to have been given as of the date and time so delivered. Delivery to or 302 receipt by a parry's licensee shall constitute delivery to the parry. Delivery to or receipt by the Licensee 303 assisting BUYER named below in this Gontract shall constitute receipt by BUYER and delivery to or receipt 304 by the Licensee asses#fng SELLER named below in this Contract shall constitute receipt by SELLER. 305 306 f5. ENTIRE AGREEMENT AND MANNER OF MODIFICATIONS. This Contract and all attachments 307 constitute the complete agreement of the parties concerning the Property, supersede all previous 308 agreements, and may be modified or assigned only by a written agreement signed by a1! parties, 309 310 1 B, I]EFAULTS AND REMEDIES. SELLER or ,BUYER shall be in default under this Contract if either falls 311 to comply wish any material covenant, agreement or obligation within any time limits required by this 312 Contract Following a default by either SELLER ar BUYER under this Contract, the ether party shall have 313 the following remedies, subject to the provisions of Earnest Money and Additional Deposits paragraph of 314 this Gontract' 315 e, If SELLER defaults, 6UYER may (i) specifically enforce this Contract and recover damages suffered by 31fi BUYER as a result of the delay in the acquisition of the Property; or (ii) terminate this Contract by written 317 notice to SELLER and, at BUYp'R`S option, pursue any remedy and damages available by law or in equity. 3i8 if BUYER elects to terminate this Contract, the Earnest Money shall be returned to BUYER subject to the 319 provisions of Earnest Money and Additional Deposits paragraph of this Gontract. 320 b. If BUYER defaults, SELLER may (i) specifically enforce this Contract and recover damages suffered by S21 SELLER as a result of the delay in the sale of the Property; or (ii) terminate this Gontract by written notice 322 M BUYER and, at SELLE'R'S option, either retain the Earnest Money as liquidated damages as SELLER'S 323 sole remedy (the parties recagniring that it would be extremely difficult to ascertain the extent of actual 324 damages caused by BUYER'S breach, and that the Earnest Money represents as fair an approximation of 325 such actual damages as the parties can now determine) as provided in this Contract, or pursue any other 326 remedy and damages available at !a w ar in equify. 327 32$ If as a result of a default under this Contract, either SELLER or BUYER employs an attorney to 329 enforce its rights, the defaulting party shelf, unless prohibited by law, reimburse the non-defaulting 330 party for all reasonable attorney's fees, court costs and other legal expenses incurred by the 331 non-defaulting party in connection with the default. T1INE IS OF THE ESSENCE IN THIS 332 CONTRACT. 333 334 17. RADON, MIGRQBIALS AND OTHER ENVIROIVMENTAI. POLLUTANTS. Every buyer of residential 335 real property is notified the property may present exposure tv dangerous concentrations of indoor radon 336 gas that may place occupants at risk of developing radon-induced lung Dancer. Radon, aclass-A human Rssidentlal Real Estat® Sale Contract 2010 Page B of 10 Praducetl with~lpFpm7®by 3pLog& iBOTO Flheen 1.L1e Road, Freeef,l4H[rilgan 480ss ' oe e W L]~g,p ,~rypCk 337 carcinogen, is the leading cause of lung cancer in non-smokers and the second leading cause overall. 33B Kansas law requires sellers to disclose any information known to the seller that shows elevat®d 339 concentrations of radon gas in residential rea! property The Kansas department of health and 340 environment recommends all homebuyers have an indoor radon test performed prior to purchasing or 34 i taking occupancy of residential real property. All testing for radon should be conducted by a radon 342 measurement technician. Elevated radon concentrations can be easily reduced by a radon mltlgafion 343 technician. For additional infom~ation, please go to http://www.kansasradpnprogram.org or in Missouri a 344 national source for radon information is http://www.epa,gov/radon. S45 346 BUYER acknowledges mold, fungi, bacteria and other microbials commonly exist in homes and will exist in 347 the Property as a result of rain, humidity and other moisture in the Property and on materials during the 348 normal construction process and as a result of the use of wood and other materials that commonly have 349 mold, fungi, bacteria and other microbials at the time of delivery to the job site. BUYER has the opportunity 350 to become informed, about microbials and other environmenfal pollutants and fhe potential health risks of 351 microbfals anal ether environmental pollutants. 352 353 The SELLER and Licensee assisting the SELLER and/or the BUYER do not claim or possess any special 354 expertise in the measurement or reduction of radon, microbials or other envlronmenta! pollutants, nor have 355 they provided any advice to BUYER as to acceptable levels or possible health hazards of radon, microbials 356 or other environmental pollutants. There can be no assurance that any existing systems, devices or 357 methods Incorporated into the Property for the purpose of reducing radon, microbials or other 358 environmental pollutant levels will be effective and SELLER has no responsibility for the operation, 359 maintenance or effecfiveneSS of Such systems, devices and methods. Any fasting desired or required with 360 respect to radon, microbials and other environmental pollutants shall be at BUYER'S expense. 3S1 3ti2 18. INSPECTIONS. BUYER may, within calendar days (io days if left blank) (the "Inspection 3&3 Period's after fhe Effective Date of this Contract, of 6UYER'S expense, have prope-7y inspections which 364 may include but are not limited to: appliances, plumbing (including septic system), electrical, heating 365 system, oentra/ air conditioning, fireplace, chimney, foundation, roof, siding, windows, doors, ceilings, 368 floors, insulatip», drainage, interior and exterior components, any wall, decks, driveways, patios, sidewalks, 367 fences, slabs, pest infestation, health and/or environmental Concerns (including lead based paint, mold and 368 radon) as provided below. It is recommended that homeowner's insurance availability be ascertained 369 during the Inspection Period. BAYER acknowledges such inspections may not identify deficiencies 370 in inaccessible areas of the property and may be limited by weather conditions a# the time o} the 37t Inspection. It is recommended that BUYER check with lender and/or local government authority 372 regarding septic inspection. 373 374 a. ACCESS TO PRUPf=RTY, Rl:-INSPECTIONS, bAMAGES AND REPAIRS. SELLER shall 375 provide BUYER reasonable access to the Properly to conduct the inspections, re-inspections, 376 Inspection of any corrective measures completed by SELLER and/or final walk through prior to 377 Closing. BUYER shall be responsibl® and pay for any damage to the Property resulting from 378 the inspection(s). SELLER agrees any corrective measures which SELLER performs pursuant to 379 the following provisions shall be completed in a workmanlike manner with good quality materials. 380 38r b. WOOD-DESTROYING INSECTS. SELLER AGREES T1J PAY TO HAVE THE PRQPERTY 382 TREATED for control of infestation by wood-destroying insects if a writ#en inspection report of a 383 certified pest control firm reveals evidence of active infestation, or evidence of past untreated 384 infestation, or otherwise recommends treatment in the main dwelling unit, or Included additional 3B5 structures identified below or on the Property within 30 feet of such unit or structure(s) {or as 38B otherwise required by govemment regulations if BUYER !s obfainfng an FHA/VA or other 387 government program loan), The inspection report must be delivered WITHIN THE INSPECTION 388 PERIOD, or any treatment shall be at the BUYER'S expense. !f treatment is required, SELLER 389 shall provide Buyer with a certificate evidencing treatment by a certified pest contra) firm of 39U SELLER'S choice, which certificate BUYE14 agrees to accept. Tree#ment shall be completed no 391 earlier than ninety (90) calendar days prior to the Closing Date. BUYER shall pay far any 392 inspections requested by BUYER and/or required by BUYER'S lender. Any damage or repair Resid®ntial Real Esfafe Sale Contfect20iQ Page 7 of i0 Prodrx+adwlBrZ,pFam~byzJpLegcr 1807'OFllternlW7aRoad,Fraser,Mr'chiganaeo26 www.zk~l~oa~oo,,, WilEisr~p.~buck 393 issues related to wood destroying insect infestations must be identified as Unacceptable 394 Conditions and addressed as set for#h below. Additional structures to be included in the 395 inspection are: Sellin As-I with no iris ectioxis tox u oge of eiriiaent 39B domain of r attic 397 398 388 400 C. WHAT IF BUYER DOES NO7 CONDUCT INSPECTIONS? ff BUYER does not conduct 401 inspections BLIYE'R sha11 have waived any right to cerrcel or renegotiate this Contract pursuant to 402 the inspection provisions. 403 404 d. WHAT IF BUYER DOE5 NOT GIVE TIMELY NOTICE DF UNACCEPTABLE CONDITIONS? If 405 BUYEFI conducts inspections but fails to notify SELLER of unacceptable conditions prior to the 406 expiration? of the Inspection Period, BUYER shall have waived any right to cancel or renegotiate this 407 Contnt3ct pursuant to these inspectiar~ provisions. 408 409 e. WHAT IS NOT AN UNACCEPTABLE GONDITION? The following items shall not be considered 4iD Unacceptable Conditions and cannot be used by BUYER as a reason to cancel or renegoflats this 411 Contract Any items marked Excluded (~C) on Seller's Disclosure and Condition of Property 4i2 Addendum in addition to the fallowing items shall not be considered. Ors 414 415 f. WHAT IS AN UNACCEPTABLE CONDITION? An Unacceptable Condition is any condition 416 identified in a written inspection report prepared by an independent qualified inspector of ;SLIYER'S 4 i7 chafce, which condition is unacceptable to BUYER and not otherwise excluded in this Contract 4i8 419 g. WHAT 11= BUYER'S INSPECTIONS REVEAL UNACCEPTABLE CONDITIONS? If BUYER'S 420 inspections reuse/Unacceptable Condi#ions BUYEf~ may do $ny one of the following; 421 (1) ACCEPT THE PROPERTY "AS !S'". BUYER may notify SELLER that the inspections are 422 satisfactory ar do nothfrlg. In either case, BUYER will have waived any right to cancel or 423 renegotiate due to any Urtacceptal7le Conditions; or 424 (2} CANCEL THIS CONTRACT by notifyi»g SELLER in writing within the inspection Period; or 425 (3) OFFER TO RENEGOTIATE with SELLER by notifying SELLER in writing within the 426 inspection Period, identifying the Unacceptable Condition. 427 BUYER'S notice of cancellation or offer to renegotiate terminates the Inspection Period and 428 must be aceompanled by the applicable written inspection report(s) in their entirety from the 429 Independent qualified inspector{s) who conducted the inspection(s). 430 43i h. RESOLUTION OF UNACCEPTABLE GONDITIONS. BUYER and SELLER shall have 432 calendar days (5 days if left ,blank) after SELLER'S receipt of BUYER'S inspection Notice/offer to 433 Renegotiate (the "Renegotiation Period"), to reach an agreement resolving the Unacceptable 434 Conditions. Any of the tol/owing executed and delivered to the other party or other party's agent 435 prior to the expiration of the Renegotiation Period shall constitute such an agreement. 438 (f) An amendment signed by BUYER and SE'LLE'R resolving floe Unacceptable Conditions; or 437 {~) A written statement signed by BUYER accepting the Property "as is" w/thout correction of 438 any Unacceptable Conditions; or 439 (3) A written statement signed by SELLEF~ agreeing to do everything requested by BUYER in 44~ BUYER'S Offer to Renegotiate. 447 If no agreement resolving the Unacceptable Conditions is reached as provided above, prior 442 to the expiration of the l4ertegotiatlon Period, then after expiration of the Renegotiation 443 Period, either party may cancel this Contract by written notice to the other. 444 Residential Real Estate Sale Contract 2010 Page S of 10 Produced wliA$pFOlrt~bYrDlogbc YB070F+~tean 1Nf1BRoad Fraser. Adkhigan a8o~e 2l767S.rJaianiacaom William Atbuck 445 44s 447 448 449 450 45r 452 453 454 455 456 457 458 459 460 4$1 462 463 464 4G5 467 468 469 470 471 472 473 474 475 476 477 478 479 480 48~ 482 483 484 485 486 4$7 488 489 19. ADDITIONAL TERMS AND CONDITIONS. City t~urehaaino assn own d 'n r d thr h. praper~' a with inten-ion of 20. EXPIRATION. This offer shall expire on ~ at , (5:0D p.m. if left blank) unless accepted by SELLER or withdrawn by BUYER before that timeo clock .m. CAREFULLY READ THE TERMS HEREOF BEFORE SIGNING. WHEN SIGNED BY A~.L PARTIES, THIS DOCUMENT BECOMES PART QF A LEGALLY BINDING CONTRACT. IF NOT UNDERSTOOD, CONSULT AN A7TQRNEY BBFORE SIGNING. All parties agree this transaction can be conducted by eleotronic means, including email, according to the Uniform Electronio Transaction Act as adopted In Kansas and Missouri, ~~c7thorizes Closing Agent to obtain ~~yoff information frorg-SELLER'S Lender. ~-- of/31/zolo ~"~,Q.o,~~ o2/oz/~o1o L Arbuckle DATE BUYER City of Riverside, Missouri DATE o1/sz/2o~a a~ of 20.0 Arbuckle DATE BUYER DATE ADDRESS Riverside No 64150 ' ADDRESS Ke7.1er Wil~.iame Northland partners K ll LPi Name of Listin B k e er lliams Northland Partners g ro er (Please Prirrt) Nam f S l e o e ling Broker (Please print) Hill Arbuckle Bill A b kl Name f Li r uc e o censee assisting Seller (Please Print) Name of Licensee assistln Bu er pl 9 Y ease Print) ( ~1~268-4440 / (816) 326-3606 6 _ Listing Licensee's Phone # Fax # ~ 16) 266-444D / t a l s ` ~ 2 s - 3 ~ o ~ SeIlin Licensee s Phone # g Fax # billarbuckie~kw,com Listing Licensee's Email Address sora.ia r~exitrealt kc.com Selling Licensee's Email Address DATE OF FtNAI. ACCEPTANCE, THE "Ef=FECTIVE DATE" 1$ (Effective Date to be completed by Licensee assisting the last party signing this Contract) Resldsntia! Real Estate Sale Contract20i0 Page 9 of ip Produce!! with I+pFOmib1 byzipLag6c T80T01;i7tean Mi/u Hoed, Fuser. ~drigan 48Q28 wtivw,zinLeah~ mm - _ William Axbuck - O, Chicago Title Insurance Company 7915 North Oak Trfwy 616-436-7100, Suite 130, Kansas City, Missouri 64118 (816) 436-7100 Fax: (816) 436-7383 August 19, 2d10 City of Riverside 2950 NW Vivion Road Riverside, Missouri 64150 RE: 4806-4810 NW Homestead Road Riverside, Missouri 64150 Enclosed, please find your original recorded Warranty Deed and Owner's Title Policy in connection with the real estate you recently purchased. These documents should be kept in a safe place with your other permanent records. We wouid appreciate the opportunity to handle any title insurance or escrow needs you might have in the future should you decide to sell or refinance your property. Wishing you all the best with your new real estate acquisition. Sincerely, Lynne Ward CHICAGO TITLE INSURANCE COMPANY � 81LTR2 Owner's Your Title Insurance Policy is a legal contract If you want to make a claim, see Item 3 under Information between you and Chicago Title Insurance Conditions on page 2. Sheet Company. You do not owe any more premiums for the It applies only to a one-to-four residential lot or Policy. condominium unit. If your land is not either of these, contact us immediately. This sheet is not your insurance Policy. It is only a brief outline of some of the important Policy The Policy insures you against certain risks to features. The Policy explains in detail your rights your land title. These risks are listed on page one and obligations and our rights and obligations. of the Policy. The Policy is limited by: Since the Policy - and not this sheet - is the legal document, YOU SHOULD READ THE POLICY * Exclusions on page 2 VERY CAFEFULLY. * Exceptions on Schedule B If you have any questions about your Policy, contact: * Conditions on pages 2 and 3 CHICAGO TITLE INSURANCE COMPANY You should keep the Policy even if you transfer the title to your land. Your Chicago Title Issued by: Residential Insurance Com an Issued by: Title Insurance P Y cxicACO TrrLE irrsu�,rrcE 171 North Clark Street COMPANY Policy Chicago, Illinois 60601-3294 201 S. MAIN STREET INDEPENDENCE, MO 64050 (816)833-4117 Table of PAGE PAGE Contents �WNER'S COVERAGE STATEMENT 1 EXCLUSIONS 2 COVERED TITLE RISKS 1 CONDITIONS 2 and 3 COMPANY'S DUTY TO DEFEND AGAINST 1. Defmitions COURT CASES 1 2. Continuation of Coverage SCHEDULE A INSERT 3. How to Make a Claim Policy Number, Date and Amount 4. Dur Choices When You Notify Us of a Claim 1. Name of Insured 5. Handling a Claim or Court Case 2. Interest in Land Covered 6. Limitation of the Company's Liability 3. Description of Land 7. Transfer of Your Rights 8. Arbitration SCHEDULE B - EXCEPTIONS INSERT 9. Our Liability is Limited to This Policy 971 2/B9 sb i Issued Hy: ' Chicago Title Insurance Company Schedule A I OWNER'S POLICY- RESIDENTIAL (6/1/87) policyNo.: zoioi54so Date of Policy: August 2, 2010 at 12:10:05 Insurance Amount: $160,000.00 1. Name of Insured: City of Riverside 2. The interest in the land covered by this Policy is: fee simple 5ubject to: None of record and the matters shown in Schedule B. 3. The land referred to in this Policy is described as follows: Lot 18 , PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. 8�A2/9958 HO HO OB/19/10 09:16:19 - Jssued By; � Chicago Title Insurance Company Schedule B OWNER'S POLICY - RESIDENTIAL (6/1 /87) policy No.: 201016480 EXCEPTIONS FROM COVERAGE In addition to the Exclusions, you are not insured against Ioss, costs, attorneys' fees, and expenses resulting from. Special Exceptions: The mortgage, if any, referred to in item 2 of 5chedule A. 1. The Ilen of real estate taxes or assessments imposed on the Title by a governmental authority due or payable November 1, 2010. NONE NOW DUE AND PAYABLE. Speclal Assessments, ff any, whlch are DUE AND PAYABLE to the City of Riverside. 2. Building lines, restrictlons, utilky, drainage, storm sewer, sanitary sewer, and waterflne easements as shown on the plat filed in Plat Book 8 at Page 12. 3. Tenancy rights, either as month to month or by virtue of written leases, of persons now in possession of any part of the land. 4. Judgments, state tax liens, and federal tax liens, if any, against the party(ies) hereby insured as owner(sj. 5. Any encroachment, encumbrance, violation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the land. 6. Easements or claims of easements not shown by the public records. 7. Taxes or special assessments that are not shown as existing liens by the public records. TITLE INSURANCE PREMIUM FOR OWNERS POLICY: $178.00 i s�ez�sese HO HO OB/19/10 09:16:19 ' • Chicago Title Insurance Residential Company Title Insurance Policy One-to-Four Family Residences Owner's Coverage Statement This policy insures your title to the land described in - Exceptions in Schedule B Schedule A- if that land is a one-to-four family _ Conditions on pages 2 and 3 residential lot or condominium unit. We insure you against actual loss resulting from: Your insurance, as described in this Coverage Statement, is effective on the Policy Date shown in Schedule A. - any title risks covered by this Policy - up to the Policy Amount Your insurance is limited by the following: �d - Exclusions on page 2 - any costs, attorneys' fees and expenses we have to pay under this Policy Covered Title Risks This Policy covers thc following title risks, if they the Policy Date - unless you agreed to pay for the affect your title on the Policy Date. labor and material. 1. Someone else owns an interest in your title. 9. Others have rights arising out of leases, contracts, or options. 2. A document is not properly signed, sealed, acknowledged, or delivered. 10. Someone else has an easement on your land. 3. Forgery, fraud, duress, incompetency, incapacity 11. Your title is unmarketable, which allows another or unpersonation. person to refuse to perform a contract to purchase, to lease or to make a mortgage loan. 4. Defective recording of any document. 12. You are forced to remove your existing 5. You do not have any legal right of access to and structure - other than a boundary wall or � from the land. fence - because: ��, 6. There are restrictive covenants fimiting your use of - it eactends on to adjoining land or on to any I the land. easement 7. There is a lien on your title because of: - it violates a restriction shown in Schedule B - a mortgage or deed of trus[ - it violates an existing zone law - a judgment, tax, or special assessment 13. You cannot use the land because use as a single-faznily residence violates a restriction shown - a charge by a homeowner's or condominium in Schedule B or an existing zone law. association 14. Other defects, liens, or encumbrances. 8. There are liens on your tide, arising now or later for labor and material furnished before Company's Duty to Defend Against Court Cases We will defend your title in any courl case as to that We can end this duty to defend your title by exercising part of the case that is based on a Covered'Citic Risk any of our options listed in Item 4 of the Conditions. insured against by this Policy. We will pay the costs, attorncys' fccs, and expenscs we incur in that defense. Page 1 This policy is not complete without Schedules A and B. sn 2/es ss Exclusions In addition to the Exceptions in Schedule B, you are not - the taking happened prior to the Pnlicy Date and is insured against loss, costs, attorneys' fees, and expenses binding on you if you bought the land without resulting from: knowing of the taking 1. Uovernmental police power, and the eacistence or 3. Tide Risks: violation of any law or government regulation. This _ that are created, allowed, or agreed to by you includes building and zoning ordinances and also laws and regulations concerning: - that are known to you, but not to us, on the Policy - land use Date - unless they appeared in the public records - improvements on the land - that result in no loss to you - land division - that first affect your title after the Policy Date - this does not limit the labor and ma[erial lien coverage - environmenlal protection it Item 8 of Covered Title Risks This exclusion does not apply to violations or the 4. Failure to pay value for your title. enforcement of thesc matters which appear in the public 5. Lack of a right rewrds al Policy Date. - to any land outside the area speci5cally described This exclusion does not limit the zoning coverage and referred to in Item 3 of Schedule A described in Items 12 and 13 of Covered Title Risks. or 2. The right to take the land hy condemning it, unless: - in streets, allcys, or watenvays that touch your land - a notice of exercising the right appeazs in the public This exclusion does not limit the access coverage in Item records on the Policy Datc 5 of Covered Title Risks. Conditions 1. DefillltlOns a. Easement- the right of someone else to use d. Public Records- title records that give constructive your land for a special purpose. notice of matters affecting your title-according to b. Land- the land or condorninium unit the state statutes where your land is located. descrihed in Schedule A and any e. Title- the ownership of your interest in the land, as improvements on land which aze real properry. shown in Schedule A. c. Mortgage- a mortgage, deed of trust, trust deed or other security instrument. 2. COIItinuatlon This Policy protects you as long as you: - are liable for any title warranties you make Of CoveTage - own your title This Policy protects anyone who receives your title or because of your death. - own a mortgage from anyone who Uuys yourland or 3. How To a. You Must Give The Company Notice Of Your Claim The statement must have the following facts: Make A If anyone claims a right against the insured title, - the Covered Title Risks which resulted in your loss you must notify us promptly in writing. - the dollar amount of your loss i Claim Send the notice to the issuiag office or - the method you used to compute the amount of Chicago Title Insurance Company-Claims Department your loss 171 North Clark Street Chicago, Illiaois 60601-3294 You may want to provide us with an appraisal of your (312)223-2000 loss by a professional appraiser as a pazt of your Please include the Policy number shown in Schedule statement of loss. A, and the county and state where the land is We may rcquire you to show us your records, checks, located. letters, contracts, and other papers which relate to your claim of loss. We may make copies of these Our obligation to you could be reduced if: papers. - you fail to give prompt notice �d We may require you to answer questions under oath. - your failure affects our ability to dispose of or to Our obligation to you could be reduced if you fail or defcnd you against thc claim refuse to: - provide a statement of loss b. Proof Of Your Loss Must Be Given To The Company � You must give us a written statement to prove your _ auswer our questions under oath claim of loss. or This statement must be given to us not later than 90 - show us the papers we request, days after you know the facts which will let you and establish the amount of your loss. - your failure or refusal affects our ability to dispose Page 2 of or to defend you against the claim. 9732JBBSB Continued on page 3 . Conditions (continued) 4. �ui ChOlCes �er we receive your claim notice or in any other way d. Pay you the amount required by this Policy. WheIl YOU �eern of a matter for which we are liab]e, we can do e. Take other action which will protect you. one or more of the following: Notify US a. Pay the claim against your title. £ Cancel this policy by paying the Policy Amount, Of A Clslm then in force, and only those costs, attorneys fees b. Negotiate a settlement. and expenses incurred up to that time which we c. Prosecute or defend a court case related to the claim. �e obligated to pay. 5. Handling A 1'ou must cooperate with us in handling any claim or When we defend your title, we have a right to choose C13im Oi court case and give us all relevant information. the attorney. We can appeal any decision to the highest We arc required to repay you only for those settlement cowt. We do not have to pay your claim until your case COUit C85e costs, attorneys' fees and expenses that we approve in �s finally decided. advance. 6. L1IIlitStion a. We will pay up to your actual loss or the Policy - we settle your claim Of The Amount in force when the claim is c. The Policy Amount will be reduced by al] payments � made - whichever is less. made under this policy-except for costs, attorneys' COmPany S b. If we remove the claim against your title within a fees and expenses. L'1ab11ity reasonable time after receiving notice of it, we will d. The PoGcy Amount will be reduced by any amount have no further liability for it. we pay to our insured holder of any mortgage shown If you cannot use any of your land because of a in this Policy or a later mortgage given by you. claim against your title, and you rent reasonable e. If you do anything to affect any right of recovery substitute land or facilities, we will repay you for you may have, we can subtract from our liability your actual rent until: lhe aznount by which you reduced the value of that - the cause of the claim is removed right. or 7. Transfer Of When we settle a claim, we have all the rights you had We will not be liable to you if we do not pursue these Your Rights against any person or property related to the claim. You rights or if we do not recover any amount that might must transfer these rights to us when we ask, and you be recoverable. must not do anything to affect these rights. You must W�th the money we recover from enforcing these let us use your name in enforcing these rights. rights, we will pay whatever part of your loss we have not paid. We have a right to keep what is left. I 8. Arbitration If it is permitted in your state, you or the Company The arbitration shall be under the Title Insurance (Inapplieable may demand arbitration. Arbitration Rules of the American Arbitration The arbitration shall be binding on both you and the Association. You may choose current Rules or Rules lII K8IIS85 Lompany. The arbitration shall decide any matter in �n existence on Policy Date. and dispute between you and the Company. The law used in the arbitration is the law of the place MISS011rl� The arbitration awazd may: where the properry is located. - include attorneys' fees if allowed by state law You can get a copy of the Rules from the Company - be entered as a judgment in the proper court. 9. Our Liability This Policy, plus any endorsements, is the entire Is Limited To contract between you and the Company. Any claun you make against us must be made under this Policy and is This PoliCy subject to its terms. American CHICAGO TITLE INSURANCE COMPANY Land Title Association Bv � , � J`�`�`�'� Residential ��L�..�Kg��9 �� Title Insurance S�`.� � '`� 7 Piesident Policy (G-1-87� �, �; COAPO� LL Attest ,�, ,��� � y�:���;`t � -..,. �" � � :�,',�,��,,,,,j, r r Secretary Pase 3 S Recorded in Platte County, Missouri Recording DatelTime:08l02/2010 at 12:10:05 PM Instr Number. 2010009129 ,���"""`�- � P pER OF " Book: 1160 Page: 554 :'�,�°.� ''' FF _ i Q! � 'P- ! • Type: TR WD : �� �f�� ,��: Pages: Z __y.���, '�a ,.�yo : Fee: $27.00 S =.��ouNrv,�'���� ,,,,� Electronically Recorded GLOR/A BOYER RecorderofDeeds 2oioys4eo WARRANTY qEED (Missouri Form for Individuals) THIS DEED dated on the �TH �y of Julv , 2 1 WITNESSETH, That William L. Arbuckle and PennyArbucMe, Husband and W'rfe Grantor(s}, for and in consideration of the sum oF TEN D�LLARS AND OTHER VALUABLE CON5IDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto City of RNerside � i J;'p �n � whose mailing address is: f� , Riverskle, MO 64150 Grantee(s), his/her/their heirs and assigns, the follawing described land situate in Platte Lot � 8, PLANTATION ADDITION, a subdivision in Riverside, Platte Couniy, Missourl, accord(ng to the recorded plat thereof. Subject to easements, reservations, restrictions, and covenants, ff any, of record. TO HAVE AND TO HOLD The premises aforesaid, wRh all and singular the rights, privileges, appurtenances and immunttles thereto belonging or In anywise appertaining unto said Grantee(s), and unto his/her/their heirs and assigns forever; said Grantor(s) hereby covenanting that he/she/they isJare lawfully seized of an indefeasible estate in fee of the premises herein conveyed; that he/she/they has/have good right to convey the same; that said premises are free and dear from any incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they will warrant and defend the title to said premises unto i said Grantee(s) and unto his/her/thefr heirs and assigns forever, against the lawful daims and demands of all � persons whomsaever. � � C�;� C r�� � t�-� �� . � IN WITNESS WHEREOF, said Grantor(s) hes/have hereunto executed these presents on this�(o�' day of � , d0 10 ����� :� � _ � � � �� � � ,� o m.�Arbuckle Penny Ar k e � STATE OF Missouri � SS. COUNTY OF Clay On this ,j� �p day of ��1 � before me, the undersigned, a Notary Public in and for said state, personally a pe William L. Arbuckle and Penny Arbuc e, usband and Wife to me known to be the erson(s) described in and who executed the foregoing instrument, and acknowledged the he/she�hey executed the same as his/her/their free act and deed. LYNNE WqRp Notary Public Notary publiuNotary Sep1 STA7E OF MISSOURI My commision expires: counry oi aiatte My Commission Expires; g.Zg j j Commission qp7q22z9� mowdrz a/o1 pm ^ . Chicago Title Insurance Company �) 7915 North Oak Trfwy 816-436-7100, Suite 130, Kansas City, Missour( 64118 (816) 436-7100 Fax: (816) 436-7383 August 19, 201 D City of Riverside 2950 NW Vivion Road Riverside, Missouri 64150 RE: 4812-4818 NW Homestead Rd. Riverside, Missouri 64150 Enclosed, please find your original recorded Warranty Deed and Owner's Title Policy in connection with the real estate you recently purchased. These documents should be kept in a safe place with your other permanent records. We would appreciate the opportunity to handle any title insurance or escrow needs you might have in the future should you decide to sell or refinance your property. Wishing you all the best with your new real estate acquisition. Sincerely, Lynne Ward CHICAGO TITLE INSURANCE COMPANY I BiLTR2 OWI10T'S Your Title Insurance Policy is a legal contract If you want to make a claim, see Item 3 under Infurmation between you and Chicago Title Insurance Conditions on page 2. Sheet Company. You do not owe any more premiums for the , It applies only to a one-to-four residential lot or Policy. condominium unit. If your land is not either of these, contact us immediately. This sheet is not your insurance Policy. It is only a brief outline of some of the important Policy The Policy insures you against certain risks to features. The Policy explains in detail your rights your land title. These risks are listed on page one and obligatlons and our rights and obligations. of the Policy. The Policy is limited by: Since the Policy - and not this sheet - is the legal document, YOU SHOULD READ THE POLICY * Exclusions on page 2 VERY CAFEFULLY. * Exceptions on Schedule B If you have any questions about your Policy, contact: * Conditions on pages 2 and 3 CHICAGO TITLE INSURANCE COMPANY You should keep the Policy even if you transfer the title to your land. Your Chicago Title Issued by: Residential Insurance Com an Issuedby: Title Insurance P Y CHICAGO TITLE INSURANCE 171 North Clark Street COMPANY Policy Chicago, Illinois 60601-3294 �1 S. MAIN STREET INDEPENDENCE, MO 64050 (816)833-4117 Table of PAGE PAGE Contents OWNER'S COVERAGE STATEMENT 1 EXCLUSIONS 2 COVERED TITLE RISKS 1 CONDPTIONS 2 and 3 COMPANY'S DUTY TO DEFEND AGAINST 1. Definitions COURT CASES 1 2. Continuation of Coverage SCHEDULE A INSERT 3. How to Make a Claim Policy Numbcr, Datc and Amount 4. Our Choices When You Notify Us of a Claim 1. Name of Insured 5. Handling a Claim or Court Case 2. Intcrest in Land Covcred 6. Limitation of [he Cnmpany's Liability 3. Dcscription of Land 7. Transfer of Your Rights 8. Arbitration SCHEDULE B - EXCEPTIONS INSERT 9. Our Liability is Limited to This Policy 871 z/88 sb Issued By.• Chicago Title Insurance Company Schedule n OWNER'S POLICY- RESIDENTIAL (6/1/87) PolicyNo.: zaioi�on9 Date of Policy: August 2, 2010 at 12:09:16 Insurance Amount: $180,000.00 1. Name of Insured: Ciry of Riverside 2. The interest in the land covered by this Policy is: fee simple Subject to: None of record and the matters shown in Schedule B. 3. The land referred to in this Policy is described as follows: Lot 19, PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded ' plat thereof. 97A2/98SB HO HO OB/19/1D 09:15:19 lssued By: � Chicago Title Insurance Company Schedule B OWNER'S POLICY- RESIDENTIAL (6/1/87) PolicyNo.: 20�o17oa9 EXCEPTIONS FR�M COVERAGE In addition to the Exclusions, you are not insured against loss, costs, attomeys' fees, and expenses resulting from. Special Exceptions: The mortgage, 'rf any, referred to in item 2 of Schedule A. 1. The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or paya6le November 1, 2010. NONE NOW DUE AND PAYABLE. 5pecial Assessments, If any, which are DUE AND PAYABLE to the City of Rlverside. 2. Building lines, restrictlons, utillty, drainage, storm sewer, sanitary sewer, and waterllne easements as shown on the plat flled In Plat Book 8 at Page 12. 3. Tenancy rights, either as month to month or by virtue of written leases, of persons now in possession of any part ot the land. 4. Judgments, state tax liens, and federal tax liens, if any, against the party(ies) hereby insured as owner(s). 5. Any encroachment, encumbrance, violation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the land. 6. Easements or claims of easements not shown by the public records. 7. Taxes or special assessments that are not shown as existing liens by the public records. TITLE INSURANCE PREMIUM FOR OWNERS POLICY: $194.00 e�exlessa HO HO 08/19/10 D9:15:14 •Chicago Title Insurance Residential Company Title Insurance Policy One-to-Four Family Residences Owner's Coverage Statement This policy insures your tide to the land described in - Exceptions in Schedule B Schedule A- if that land is a one-to-four family _ Conditions on pages 2 and 3 residential lot or condominium unit. We insure you against actual loss resulting from: Your insurance, as described in this Coverage Statement, is effective on the Policy Date shown in Schedule A. - any title risks covered by this Policy - up to the PoGcy Amount Your insurance is limited by the following: and - Exclusions on page 2 - any costs, attorneys' fees and expenses we have to pay under this Policy Covered Title Risks This Policy covers the following tille risks, if they the PoGcy Date - unless you agreed to pay for the affect your title on the Policy Date. labor and material. 1. Someone else owns an interest in your title. 9. Others have rights arising out of leases, contracts, or options. 2. A document is not properly signed, sealed, acknowledged, or delivered. 10. Someone else has an easement on your land. 3. Forgery, fraud, duress, incompetency, incapacity 11. Your dtle is unmarketable, which allows another or impersonation. person to refuse to perform a contract to purchase, to ]ease or to make a mortgage loan. 4. Defective recording of any document. 12. You are forced to remove your earisting 5. You do not have any legal right of access to and structure - other than a boundary wall or from the land. fence - because: 6. There are restrictive cnvenants 1'vniting your use of - it e�Rends on to adjoining land or on to any the land. easement 7. There is a lien on your title because of: - it violates a restriction shown in Schedule B - a mortgage or deed of trust - it violates an existing zone law - a judgment, t�, or special assessment 13. You cannot use the land because use as a single-family residence violates a restriction shown - a charge by a homeowner's or condominium in Schedule B or an existing zone law. association 14. �ther defects, liens, or encumbrances. 8. There are liens on your title, arising now or later for labor and material fumished before Company's Duty to Defend Against Court Cases We will defend your title in any court case as to that We can end this duty to defend your title by exercising part of the case that is based on a Covered Title Risk any of our options listed in Item 4 of the Conditions. insured against by this Policy. We will pay the costs, attorneys' fees, and expenses we incur in that defense. Page 1 This policy is not complete without Schedules A aad B. 872 2/9956 Exclusions In addition to the Exceptions in Schedule B, you are not - the taking happened prior to the Policy Date and is insured against loss, costs, attorneys' fees, and e�enses binding on you if you bought the land without resulting from: knowing of the taking 1. Governmental police power, and the eacistence or 3. Title Risks: violation of any law or government regulation. This _ that are created, allowed, or agreed to by you includes building and zoning ordinances and also laws and regulations concerning: - that are known to you, but not to us, on the Policy - land use Date - unless they appeazed in the public records - improvements on the land - that result in no loss to you - land division - that first affect your title after the Policy Date - this does not limit the labor and material lien coverage - environmental protection it Item 8 of Covered Titic Risks This exclusion does not apply to violations or the 4. Failure to pay value for your title. enforcement of thesc matters which appear in the public 5. Lack of a right: records at Policy Date. - to any land outside the area specifically descri6ed This exclusion does not limit the zoning coverage and referred to in Item 3 of Schedule A described in Items 12 and 13 of Cnvered Title Risks. or 2. The right to take the land by condemning it, unless: - in streets, alleys, or waterways that touch your land - a notice of exercising the right appears in the public This exclusion does not limit the access coverage in Item records on the Policy Date 5 of Covered Title Risks. Conditions 1. Deflnitlon5 a. Easement- the right of someone else to use d. Public Records- title records that give constructive your land for a special purpose. notice of matters affecting your title-according to b. Laad- the land or condominium unit the state statutes where your land is located. described in Schedule A and any e. Title- the ownership of your interest in the land, as improvements on land which are real property, shown in Schedule A. c. Mortgage- a mortgage, deed of trust, trust j deed or other secunty instrument. i 2. COntlIIUStiOn This Policy protects you as long as you: _ are liable for any title warranties you make Of Coverage - own your title This Policy protects anyone who receives your title ° because of your death. - own a mortgage from anyone whn buys your land or 3. HOw TO a. Ynu Must Give The Company Notice Of Your Claim The statement must have the following facts: Make A If anyone clauns a right against the insured title, - the Covered Title Risks which resulted in your loss you must notify us promptly in writing. - the dollaz amount of your loss C13im Send the noCice to the issuing of£ice or - the method you used to compute the amount of Clvcago Title Insurance Company-Claims Departmeat your loss 171 North Clark Street You ma want to rovide us with an a raisal of our Chicago, Illinois 60601-3294 y P Pp y (312)223-2000 loss by a professional appraiser as a part of your Please include the Policy number shown in Schedule statemcnt of loss. A, and the cnunty and state where the land is We may require you to show us your records, checks, located. letters, contracts, and other papers which relate to Our obligation to you could be reduced if: your claim of loss. Wc may make copies of these - you fail to give promp[ no[ice papers. and We may rcquire you to answer questions under oath. - your failurc affects our ability to dispose of or to Our obligation to you could be reduced if you fail or defend you against the claim refuse to: b. Proof Of Your Loss Must Be Given To The Company - Provide a statement of lo or You must give us a written statement to prove your _ answer our questions under oath claim of loss. or This statement must be given to us not later than 90 - show us the papers we request, days after you know [he facts which will let you and establish the amount of your loss. - your failure or refusal affects our ability to dispose Page 2 of or to defend you against the claim. 9732/89 SB Continued on page 3 Conditions (can 4. Our Choiees After we receive your claim notice or in any other way d. Pay you the amount required by this Policy. When You leazn of a matter for which we are liable, we can do e. Take other action which will protect you. one or more of the following: NOtify US a. Pay the claim against your title. f. Canccl this policy by paying the Policy Amount, Of A C13im then in force, and only those wsts, attorneys fees b. Negotiate a settlement. and expenses inc�rred up to that time which we c. Prosecute or defend a court case related to the claim. are obligated to pay. 5. Handling A You must cooperate with us in handling any claim or Whcn we defend your title, we have a right to choose Claim Or court case and givc us all relevant information. the attorney. We can appeal any decision to the highest Court Case We are required to repay you only for those settlement court. We do not have to pay your claim until your case costs, attorneys' fees and e�enses that we approve in is finally decided. advance. 6. Limitation a. We will pay up to your aetual loss or the Policy - we settle your claim Amount in force when the claim is Of The c. The Policy Amount will be reduced by all payments � made - whichever is less. made under this policy-except for costs, attorneys' Company S b. If we remove the claim against yow titic within a fees and expenses. Liabllity reasonable time after receiving notice of it, we will d. The Policy Amount will be reduced by any amount have no further liabiliry for it. we pay to our insured holder of any mortgage shown If you cannot use any of your land bccause of a in this Policy or a later mortgage given by you. claim against your title, and you rent reasonable e. If you do anything to affect any right of recovery substitute land ar facilities, we will repay you for you may have, we can subtract from nur liabiliry ynur actual rent untiL• the amount by which you reduced the value of that - the cause of the claim is removed right. or 7. Transfer Of �en we settle a claim, we have all the rights you had We will not be liable to you if we do not pursue these Your Rights against any person or property related to the claim. You rights or if we do not recover any amount that might must transfcr thcse rights to us when we ask, and you be recoverable. must not do anything to affect these rights. You must With the money we recover from enforcing these let us use your name in enforcing these rights. rights, we will pay whatever part of your loss we have not paid. We have a right to keep what is left. 8. ATbltiation If it is permitted in your state, you or the Company The arbitration shall be under the Title Insurance (Inapplieable may demand arbitration. Arbitration Rules of the American Arbitration The arbitration shall be binding on both you and the Association. Yau may choose current Rules or Rules lA Kansas Company. The arbitration shall decide any matter in �n existence on Policy Date. and dispute between you and the Company. The law used in the arbitration is the ]aw of the place MiS50uT1� The arbitration award may: where the property is located. - include attorneys' fees if allowed by state law You can get a copy of the Rules from the Company - be entered as a judgment in the proper court. 9. Our Liability This Policy, plus any endorsements, is [he entire Is Limited To contract between you and the Company. Any claim you make against us must bc made undcr this Policy and is This Poliey subject to its terms. Amcrican CHICAGO TITLE INSURANCE COMPANY Land Title Association By .fJ ..f/*/ . � � Residential S�',�y,`� ••• q�� ; ,,�.: • �' `j President Title Insurance �. ' � > c o;'GDApaRA1('•..o � qttest Policy (6-1-8'� r �; �p{ ;; : , �: L y ��,�o:'� �, �j�� �� ••... ..•' �. �S .. r �L, r . � ��'1/�,� .. rJ`d Secietary Pa¢e 3 , ' Recorded in Platte County, Missouri Recording DatelTime:08102/2010 at 12:09:16 PM Instr Number: 2010009128 ,,,�'oER oF'-. Book: 1160 Page: 553 � • "'•�FFO _ ` Q .e N � Type: TRWD =�:��� .;�: Pages: y cy.�� '� : o ; . Fee: $27.00 S �=�°ouruiv,M���' ,,,, Electronically Recorded GLOR�a eovER RecorderofDeeds i 201017049 WARRANTY DEED (Missourl Farm for Indiv�uals) 7HIS DEED dated on the��Qday ,p�t,cLpWITNESSETH, That William L. Arbuckle and Penny Arbuckie, t&band d W'rfe Grantor(s), for and in cons(deration of the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto City of iiiverside i whose mailing address is�,95(� N. U1 V; vi �n Rd�.{� ��/P_.�' ;�c� p, ��Ifl b�� l 50 ' Grantee(s), his/her/their heirs and assigns, the fdlowing described land situate in Platte Lot 19, PLANTATION AODITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. Subject to easements, reservations, restrictions, and covenants, if any, of record. TO HAVE AND TO H�LD The premises aforesaid, with all a� singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto said Grantee(s), and unto his/her/their heirs and assigns forever; said Grantor(s) hereby covenanting that he/she/they is/are lawfully seized of an indefeasible estate in fee of the premises herein corneyed; that he/she/they has/have good right to convey the same; that said premises are free and clear from eny incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they will warrant and defend the title to said premises untq said Grantee(s) and unto his/her/thelr heirs and assigns forever, against the lawful claims and demands of all persons whomsoever. � •�� nwNar , 20 1 01 7049 WARRANTY DEED (Missouri Form for Individuals) THIS DEED dated on the�day ,�LL��WITNESSETH, That William L. Arbuckle and Penny Arbuckle, sband d Wife Grantor(s), for and in consideration of the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto City of Riverside whosemailingaddressis�q5�0 N•�t1 U ��v�onk it� �T'> l/2.l I�� �� ��'JO Grantee(s), his/her/their heirs and assigns, the following described land situate in Platte Lot 19, PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. Subject to easements, reservations, restrictions, and covenants, if any, of record. TO HAVE AND TO HOLD The premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto said Grantee(s), and unto his/her/their heirs and assigns forever; said Grantor(s) hereby covenanting that he/she/they is/are lawfully seized of an indefeasible estate in fee of the premises herein conveyed; that he/she/they has/have good right to convey the same; that said premises are free and clear from any incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they will warrant and defend the title to said premises unto said Grantee(s) and unto his/her/their heirs and assigns forever, against the lawful claims and demands of all persons whomsoever. �� mowdr IN WITNESS WHEREOF, said Grantor(s) has/have hereunto executed these presents on this �(p dayo � rU V `---'/ / / 1 '� — 1- � }- c - � - .� _�.� ifli L. Arbuckle `Penny Arbuckl STATE OF Missouri � SS. COUNTY OF Clay On this °�� day of �'�"' ,�U � before me, the undersigned, a Notary Public in and for said state, personally appeared William L. Arbuckle and Penny Arbuckle, Husband and Wife to me known to be the erson(s) described in and who executed the foregoing instrument, and acknowledged the he/she�hey executed the same as his/her/their free act and deed. �� �,«a� LYNNE WARG Notary bliC Notary Public-Notary Seal STATE OF MISSOURI My COI71f111SI011 8Xp1�2S: County of Platte My Commission Expires: 8-26-20i t Commission #Oi422291 mowtlr28/01 jfm Chicago Title Insurance Company O 7915 North Oak Trtwy 816-436-7100, Suite 130, Kansas City, Missouri 64118 (816) 436-7100 Fax: (816) 436-7383 August 19, 2010 City of Riverside 2950 NW Vivion Road Riverside, Missouri 64150 RE: 4806-4810 NW Homestead Road Riverside, Missouri 64150 Enclosed, please find your original recorded Warranty Deed and Owner's Title Policy in connection with the real estate you recently purchased. These documents should be kept in a safe place with your other permanent records. We would appreciate the opportunity to handle any title insurance or escrow needs you might have in the future should you decide to sell or refinance your property. Wishing you all the best with your new real estate acquisRion. Sincerely, Lynne Ward CHICAGO TITLE INSURANCE COMPANY I 61LTR2 Owner's Your Title Insurance Policy is a legal contract If you want to make a claim, see Item 3 under Information between you and Chicago Title Insurance Conditions on page 2. Sheet Company. You do not owe any more premiums for the It applies only to a one-to-four residential lot or Policy. condominium unit. If your land is not either of these, contact us immediately. This sheet is not your insurance Policy. It is only a brief outline of some of the important Policy The Policy insures you against certain risks to features. The Policy explains in detail your rights your land title. These risks are listed on page one and obligations and our rights and obligations. of the Policy. The Policy is limited by: Since the Policy - and not this sheet - is the legal document, YOU SHOULD READ THE POLICY * Exclusions on page 2 VERY CAFEFULLY. * Exceptions on Schedule B If you have eny questions about your Policy, contact: * Conditions on pages 2 and 3 CHICAGO TITLE INSURANCE COMPANY You should keep the Policy even if you transfer the title to your land. Your Chicago Title Issued by: Residential Insurance Com an Issuedby: Title Insurance P Y CHICAGO TITLE INSURANCE COMPANY POI1C 171 North Clark Street 201 S. MAIN STREET y Chicago, Illinois 60601-3294 INDEPENDENCE, MO 64050 (816)833-4117 Table of PAGE PAGE Contents OWNER'S COVERAGE STATEMENT 1 EXCLUSIONS 2 COVERED TITLE RISKS 1 CONDITIONS 2 and 3 COMPANY'S DUTY TO DEFEND AGAINST 1. Definitions COURT CASES 1 2. Continuation of Coverage SCHEDULE A INSERT 3. How to Make a Claim Policy Number, Date and Amount 4. Our Choices When You Notify Us of a Claim 1. Name of Insured 5. Handling a Claim or Court Case 2. Interest in Land Covered 6. Limitation of the Company's Liability 3. Description of Land 7. Transfer of Your Rights SCHEDULE B- EXCEPTIONS INSERT g• Arbitration 9. Our Liability is Limited to This Policy s�� z/ea sc �sued By: ' Chicago Title Insurance Company Schedule A OWNER'S POLICY - RESIDENTIAL (6/1/87) Policy No.: 2oioi548o Date of Policy: August 2, 2010 at 12:10:05 Insurance Amount: $160,000.00 1. Name of Insured: City of Riverside 2. The interest in the land covered by this Policy is: fee simple Subject to: None of record and the matters shown in Schedule B. 3. The land referred to in this Policy is described as follows: Lot 18 , PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. I I I e�az/eesa HO HO 08/19/10 09:16:19 Issued By; Chicago Title Insurance Company Schedule B OWNER'S POLICY- RESIDENTIAL (6/1/87) Policy No.: 201016480 EXCEPTIONS FROM COVERAGE In addition to the Exclusions, you are not insured against loss, costs, attorneys' fees, and expenses resulting from. Special Exceptions: The mortgage, ff any, referred to in item 2 of Schedule A. 1. The lien of real estate taxes or assessments imposed on the Title by a povernmental authority due or payable November 1, 2010. NONE NOW DUE AND PAYABLE. Special Assessments, if any, which are DUE AND PAYABLE to the Cfty of Riverside. 2. Buliding lines, restrictions, utility, drainage, storm sewer, sanitary sewer, and waterline easements as shown on the plat filed in Plat Book 8 at Page 12. 3. Tenancy rights, either as month to month or by virtue of written leases, of persons now in possession of any part of the land. 4. Judgments, state tax liens, and federal tax liens, If any, against the party(ies) hereby insured as owner(s). 5. Any encroachment, encumbrance, violation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the land. 6. Easements or claims af easements not shown by the public records. 7. Taxes or special assessments that are not shown as existing liens by the public records. TITLE INSURANCE PREMIUM FOR OWNERS POLICY: $178.00 e�sz�sese HO HO 08/19/1C 09:16:19 , Chicago Title Insurance Residential � Company Title Insurance Policy One-to-Four Family Residences Owner's Coverage Statement This policy insures your title to the land described in - Exceptions in Schedule B Schedule A- if that land is a one-to-four family _ Condilions on pages 2 and 3 residential lot or condominium unit. We insure you against actual loss resulting from: Your insurance, as described in this Coverage 5tatcmen[, is effective nn the Policy Date shown in Schedule A. - any title risks covered by this Policy - up to the Policy Amount Your insurance is limited by the following: �d - Exclusions on page 2 - any costs, attarneys' fees and espenses we have to pay under this Policy Covered Title Risks This Policy covers the following title risks, if they the Policy Date - unless you agreed to pay for the afEect your title on the Policy Date. labor and material. 1. Someone else owns an interest in your title. 9• Others have rights azising out of leases, contracts, or options. 2. A document is not properly signed, sealed, acknowledged, or delivered. 10. Someone else has an easement on your land. 3. Forgery, fraud, duress, incompetency, incapaeity 11. Your title is unmarketable, which allows another or impersonation. person to refuse lo perform a contract to purchase, to lease or to make a mortgage loan. 4. Defective recording of any document. 12. You are forced to remove your existing 5. You do not have any legal right of accets to and structure - other than a boundary wall or from the land. I'ence - because: 6. There are restrictive covenants limiting your use of - it e�ctends on to adjoining land or on to any the land. easement 7. There is a lien on your title because of: - it violates a restriction shown in Schedule B - a mortgage or deed of trust - it violates an existing zone law - a judgment, t�, or special assessment 13. You cannot use the land because use as a single-family residence violates a restriction shown - a charge by a homeowner's or condominium in Schedule B or an existing zone law. association 14. Other defects, liens, or encumbrances. 8. There are liens on your title, arising now or ]ater for labor and material furnished before Company's Duty to Defend Against Court Cases Wc will defend your [itle in any courl case as to that We can end tlus duty to defend your title by exercising part of the case that is based on a Covered Title Risk any of our options listed in Item 4 of the Conditions. insurcd against by this Policy. We will pay the costs, attorneys' fecs, and expenses we incur in that defense. Page 1 Tlus policy is not complete without Schedules A and B. 972 2/99 SB Exclusions In addition to the Exceptions in Schedule B, you are not - the taking happened prior to the Policy Date and is insured against loss, costs, at[orneys' fees, and er:penses binding on you if you bought the land without resulting from: knowing of the taking 1. Governmental police power, and [he eacistence or 3. Title Risks: violation of any law or government regulation. This _ that are created, allowed, or agreed to by you includes building and zoning ordinances and also laws and regulations concerning: - that are known to you, but not to us, on the Policy - land use Date - unless they appeared in the public records - improvemenls on the land - that result in no loss to you - land division - thaC first affect yow title after the Policy Date - this does not limit thc labor and material lien coverage - environmental protection it Item 8 of Covered Title Risks This exclusion dnes not apply to violations or the 4. Failure to pay value for your title. enforcement of these matters which appear in the public 5. Lack of a right: records at Policy Date. - to any land outside the azea specitically described This exclusion does not limit the zoning coverage and referred to in Item 3 of Schedule A described in Items 12 and 13 of Covered Title Risks. or 2. The right to take the land by condemning it, unless: - in streets, alleys, or waterways that touch your land - a notice of exercising the right appcars in the public This exclusion does not limit the access coverage in Item records on the Policy Date 5 of Covered Tille Risks. Conditions 1. Definition5 a. Easement- the right of someone else to use d. Public Records- title records that give constructive your land for a special purpose. notice of matters affecting your title-according to b. Land- the land or condominium unit the state statutes where your land is located. described in Schedule A and any e. Title- the ownership of your interest in the land, as improvements on land which are real property. shown in Schedule A. c. Mortgage- a mortgage, deed of trust, trust deed or other security instrument. 2. COntiIIUStlOn This Po6cy protects you as long as you: - are liable for any title warranties you make Of Coverage - own your titl �r This PoGcy protects anyone who receives your title - own a mortgage from anyone who buys because of your death. your land or 3. How To a. You Must Give The Company Notice Of Your Claim The statement must have the following facts: Make A If anyone claims a right against the insured title, - the Covered Title Risks which resulted in your loss you must notify us promptly in writing. - the dollar amount of your loss Clalm Send the notice to the issuing office or - the method you used to compute the amount of Clucago Title Insurance Company-Claims Department your loss 171 Narth Clazk Street Chicago, Illinoia 60601-3294 You may want to provide us with an appraisal of your (312)223-2000 loss by a professional appraiser as a part of your Please include the Policy number shown in Sc6edule statement of loss. A, and the county and state where the land is We may require you to show us your records, checks, located. letters, contracts, and other papers which relate to your elaim of loss. We may make copies of these Our obligation to you could be reduced if: papers. - you fail to give prompt notice and We may require you to answer ques[ions under oath. - your failure affects our ability to dispose of or to Our obligation to you could be reduced if you fail or defend you against the claim refuse to: - provide a statement of loss b. Proof Of Your Loss Must Be Given To The Campany or You must give us a writ[en sta[ement to prove your _ answer our questions under oath claim of loss. or This statement must be given to us not later than 90 - show us the papers we request, days after you know lhe facts which will let you and establish the amount of your loss. - your failure or refusal affects our ability to dispose Page 2 of or to deCend you against the claim. 9732/99 SB Continued on page 3 , Conditions (continued) 4. Our Choices After we receive your claim notice or in any other way d. Pay you the amount required by this Po(icy. When You �earn oE a matter for which we are liable, we can do e. Take other action which will protect you. one or more of the following: NOtlfy US £ Cancel this policy by paying the Policy Amount, a. Pay the claim against your title. then in force, and only those costs, attorneys' fees Of A Claim b. Ne otiate a settlement. g and espenses incurred up to that time which we c. Prosecute or defend a court case rela[ed to the claim. are obligated to pay. 5. Handling A You must cooperate with us in handling any claim or When we defend your title, we have a right to choose ' C181m Oi court case and give us all relevant information. the attarney. We can appeal any decision to the highest COUit Case We are required to repay you only for those settlement court. We do not have to pay your claim until your case costs, attorneys' fces and expenses that we approve in is finally decided. advance. 6. L1IIlitStioII a. We will pay up to your actual loss or the Policy - we settle ynur claim Amount in force when the claim is Of The c. The Policy Amount will be reduced by all payments � made - whichever is less, made under this policy-except for costs, attorneys' Company s b. If we remove the claim against your title within a fees and expenses. Liability reasonable [ime after receiving notice of it, we will d. The Policy Amount will be reduced by any amount have no further liability for it. we pay to our insured holder of any martgage shown If you cannot use any of your land because of a in this Policy or a later mortgage given by you. claim against yow title, and you rent reasonable e. If you do anything to affect any right of recovery substitute land or facilities, we will repay you for you may have, we can subtract from our liability your actual rent until: the amount by which you reduced the value of that - the cause of [he claim is removed right. or 7. Transfer Of �en we settle a claim, we have al] the rights you had We will not be liable to you if we do not pursue these i Your Rights must transfe�r e� ig when we�as�k, and you � be� abl do not remver any amount that might must not do anything to affect these rights. You arust With the money we recover from enforcing these let us use your name in enforcing these rights. rights, we will pay whatever part of your loss we have not paid. We have a right to keep what is left. 8. Arhitration If it is permitted in your state, you nr the Company The arbitration shall be under the Title Insurance (Inapplieable may demand arbitration. Arbitration Rules of the American Arbitration The arbitration shall be binding on both you and the Association. You may choose current Rules ar Rules III ICanSSS Company. The arbitration shall decide any matter in � existence on Policy Date. and dispu[e bctween you and the Company. The law used in the arbitration is the law of the place M155ouI1� The arbitration awazd may: where the property is located. - include attorneys' fees if allowed hy state law You can get a copy of thc Rules from the Company - be entered as a judgment in the proper court. 9. Our Liability This Policy, plus any endorsements, is the entire Is Limited To contract between you and the Company. Any claim you make against us must be made under this Policy and is This PoliCy subject to its terms. Amcrican CHICAGO TITLE INSURANCE COMPANY Land Title Bv Association � , � �.�.r��, . Residential ����,.tMSU qyrt.� � ,`�.r ." Z Piesidenf TitleInsurance ,�q,:�pR��RAIf`.,o' Palicy (6-1-8'� � �: � � � Attest � .•: �t y-..���tn:��� �✓ ... : � ..... . " r , � ,, ��.f = v .�,-v Secretary Pa¢e 3 < Recorded in Platte County, Missouri Recording DatelTime:08/02/2010 at 12:10:05 PM Instr Number: 2010009129 .�""""'�- ,,o o ER oFO- eook: 1160 Page: 554 ; '� P F = : Q- 'e N' TR WD ' '" YP ��` T e: ' • : Pages: Z ` s'•.�i7i�a� :'o ;' $27.00 S � '� ' Fee: = F .• .. • '� .y `'. ` ' �ouNtv,�` �,' .�„�,��'' GLOR/A BOYER Electronically Recorded Recorder of Deeds 2oi�1648o WARRANIY qEED (Mfssouri Form for Individuals) THIS DEE� dated on the 26TH day oi July 2 7 WITNESSETH, That William L Arbuckle and Penny ArbucMe, Husband and Wife Grantor{s), for and in consideration pf the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto Ciry of Riverside � i �1;'d� rl whose mailtng address is: /'� , Riverside, Mp 64150 Grantee(s), his/her/their heirs and assigns, the following described land situate in Platte Lot 18 , PLAN7ATI�N AODITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. Subject to easements, reservations, restrictions, and covenants, if any, of record. TO HAVE AND TO HOLD The premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto said Grantee(s), and unto his/her/their heirs � and assigns forever; said Grantor(s) here6y covenanting that he/she/they is/are lawfully seized of an I irxlefeasible estate in fee of the premises herein conveyed; that he/she/they has/have good right to convey ihe same; that said premises are free and dear from any incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they will warrant and defend the title to said premises unto said Grantee(s) and unto hls/her/thefr helrs and assigns forever, against the lawful claims and demands of all persons whomsoevec � _ � C?-� � . � i -�-c.�-� �, � . � 2oioisaso WARRANTY DEED (Missouri Form for Individuals) THIS DEED dated on the 26TH day of July , 2010 WITNESSETH, That William L. Arbuckle and Penny Arbuckle, Husband and Wife Grantor(s), for and in consideration of the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto City of Riverside � Il� • � J 1 iL�'1 !� - whose mailing address is: f� , Riverside, MO 64150 Grantee(s), his/her/their heirs and assigns, the following described land situate in Platte Lot 18 , PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. I Subject to easements, reservations, restrictions, and covenants, if any, of record. TO HAVE AND TO HOLD The premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto said Grantee(s), and unto his/her/their heirs and assigns forever; said Grantor(s) hereby covenanting that he/she/they is/are lawFully seized of an indefeasible estate in fee of the premises herein conveyed; that he/she/they has/have good right to convey the same; that said premises are free and clear from any incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they will warrant and defend the title to said premises unto said Grantee(s) and unto his/her/their heirs and assigns forever, against the lawful claims and demands of all persons whomsoever. � � ��� � �_� � mawdr , � IN WITNESS WHEREOF, said Grantor(s) has/have hereunto executed these presents on this�(c� day of n_,,, - , a �p �`�".�� I ,� � � ;�� ;, -,� - � i m. Arbuckle Penny Ar k e � STATE OF Missouri � SS. COUNTY OF Clay On this p� �p day of�2J�`"" Q q�l � before me, the undersigned, a Notary Public in and for said state, personally appeared William L. Arbuckle and Penny Arbuckle, Husband and Wife to me known to be the erson(s) described in and who executed the foregoing instrument, and acknowledged the he/she�hey executed the same as his/her/their free act and deed. � LYNNE WqRp Notary Public Notary Public-Notary 5ea1 STA7E OF MISSOURI My commision expires: coumy ot Piatte MY Commission Expires: 8•26•2019 Commission lEp � mowd2 Bj01 Jfm �, . Chicago Title Insurance Company v 7915 North �ak Trfwy 816-436-7100, Suite 130, Kansas City, Missouri 64118 (816) 436-7100 Fax: (816) 436-7383 August 19, 2010 City of Riverside 2950 NW Vivion Road Riverside, Missouri 64150 RE: 4812-4818 NW Homestead Rd. Riverside, Missouri 64150 Enclosed, please find your original recorded Warranry Deed and Owner's Title Policy in connection with the real estate you recently purchased. These documents should be kept in a safe place with your oiher permanent records. We would appreciate the opportunity to handle any title insurance or escrow needs you might have in the future should you decide to sell or refinance your property. Wishing you all the best with your new real estate acquisition. Sincerely, Lynne Ward CHICAGO TITLE INSURANCE COMPANY 81LTR2 Owner's Your Title Insurance Policy is a legal contract If you want to make a claim, see Item 3 under InF�rmation between you and Chicago Title Insurance Conditions on page 2. Sheet Company. You do not owe any more premiums for the It applies only to a one-to-four residential lot or Policy. condominium unit. If your land is not either of these, contact us immediately. This sheet is not your insurance Policy. It is only a brief outline of some of the important Policy The Policy insures you against certain risks to features. The Policy explains in detail your rights your land title. These risks are listed on page one and obligations and our rights and obligations. of the Policy. The Policy is limited by: Since the Policy - and not this sheet - is the legal document, YOU SHOULD READ THE POLICY * Exclusions on page 2 VERY CAFEFULLY. * Exceptio�s on Schedule B If you have any questions about your Policy, contact: * Conditions on pages 2 and 3 CHICAGO TITLE INSURANCE COMPANY You should keep the Policy even if you transfer the title to your land. Your Chicago Title Issuedby: Residential Insurance Com an Issued by: Title Insurance P Y cxicaGO Trri.E irrsuR.arrcE COMPANY 171 North Clark Street Policy Chicago, Illinois 60601-3294 201 S. MAIN STREET INDEPENDENCE, MO 64050 (816)833-4177 Table of PAGE PAGE Contents U�✓NER'S COVERAGE STATEMENT 1 EXCLUSIONS 2 COVERED TITLE RISKS 1 CONDITIONS 2 and 3 COMPANY'S DUTY TO DEFENll AGAINST 1. De('mitions COURT CASES 1 2. Continuation of Coverage SCHEDULE A INSERT 3. How to Make a Claim Policy Number, Date and Amount 4. Our Choices When You Notify Us of a Claim 1. Name of Insured 5. Handling a Claim or Court Case 2. Interest in Land Covered 6. Limitation of the Company's Liabflity 3. Description of Land 7. Transfcr of Your Rights SCHEDULE B- EXCEPTIONS INSERT �• Arbitration 9. Our Liability is Limited to This Policy 87/ 2/8B sb lssued By: � Chicago Title Insurance Company Schedule A OWNER'S POLICY- RESIDENTIAL (6/1/87) policyNo.: zoioi�o49 Date of Policy: August 2, 2010 at 12:09:16 Insurance Amount: $180,000.00 1. Name of Insured: City of Riverside 2. The interest in the land covered by this Policy is: fee simple Subject to: None of record and the matters shown in Schedule B. 3. The land referred to in this Policy is described as follows: Lot 19, PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. e�az/sese HO HO 08/19/10 09:15;14 /ssued By: � Chicago Title Insurance Company Schedu�e B OWNER'S POLICY - RESIDENTIAL (6/1/87) Pollcy No.: 201017049 EXCEPTIONS FROM COVERAGE In addition to the Exclusions, you are not insured against loss, costs, attomeys' fees, and expenses resulting from. 5pecial Exceptions: The mortgage, if any, referred to in item 2 of Schedule A. 1. The lien of real estate taxes or assessments Imposed on the Title by a povernmental authority due or payable November 1, 2010. NONE NOW DUE AND PAYABLE. Special Assessments, if any, which are DUE AND PAYABLE to the Cfty of Riverside. 2. Building Iines, restrictions, utility, dralnage, storm sewer, sanitary sewer, and waterline easements as shown on the plat filed in Plat Book 8 at Pape 12. 3. Tenancy rights, either as month to month or by virtue of written leases, of persons now in possession of any part of the land. 4. Judgments, state tax liens, and federal tax liens, if any, against the party(ies) hereby insured as owner(s). 5. Any encroachment, encumbrance, violation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the land. 6. Easements or claims of easements not shown by the public records. 7. Taxes or special assessments that are not shown as existing liens by the public records. TITLE INSURANCE PREMIUM FOR OWNERS POLICY: $194.00 I 9782/BBSB HO HO OB/19/10 09:15:14 �Chicago Title Insurance Residential Company Title Insurance Policy One-to-Four Family Residences Owner's Coverage Statement This policy insures your title to the land described in _ Exceptions in Schedule B Schedule A- if that land is a one-to-four family _ Conditions on pages 2 and 3 residential lot or condominium unit. We inswe you against actual loss resulting from: Your insurance, as described in this Coverage Statement, is effective on the Policy Date shown in Schedule A. - any title risks covered by this Policy - up tn the Policy Amounl Your insurance is limited by the following: �d - Exclusions on page 2 - any costs, attorneys' fees and eacpenses we have to pay under this Policy Covered Title Risks This Policy covers the following tide risks, if they the Policy Date - unless you agreed to pay for the affect your title on the Policy Date. labor and material. 1. Someone else owns an interest in your title. 9. Others have rights arising ou[ of leases, contracts, or options. 2. A document is not properly signed, sealed, i acknowledged, or delivered. 10. Someone else has an easement on your land. I 3. Forgery, fraud, duress, incompetency, incapacity 11. Your title is unmarketable, which allows another or impersonation. person to refuse to perform a contract to purchase, to ]ease ar to make a mortgage loan. 4. Defective recording of any document. 12. You are forced to remove your eatisting 5. You do not have any legal right of access to and structure - other than a boundary wall or from the land. fence - because: 6. There are restrictive covenants luniting your use of - it e�ctends on to adjoining land or on to any the land. easement 7. There is a lien on your Utle because of: - it violates a restriction shown in Schedule B - a mortgage or deed of trust - it violates an existing zone law - a judgment, tax, or special assessment 13. You cannot use the land because use as a single-family residence violates a restriction shown - a charge by a homeowner's or condominium in Schedule B or an erristing zone law. association 8. Thcre are liens on your tide, arising now or later 14. Other defects, liens, or encumbrances. for labor and material furnished before Company's Duty to Defend Against Court Cases We will defend your title in any court case as to that We can end this duty to defend your title by exercising part of the case that is based on a Covered Title Risk any of our options listed in Item 4 of the Condi[ions. insured against by this Policy. We will pay the costs, attorneys' fees, and eacpenses we incur in that defense. Page 1 This policy is not complete without Schedules A and B. a�z 2/ee se Exclusions in addition to the Exceptions in Schedule B, you are not - the taking happened prior to the Policy Date and is insured against loss, costs, attomeys' fees, and eacpenses binding on you if you bought the land without resulting from: knowing of thc taking 1. Governmental police power, and the existence or 3. Title Risks: violation of any law or government regulation. This _ that aze created, allowed, or agreed to by you includes building and zoning ordinancc;s and also laws and regulations concerning: - that are known to you, but not to us, on the Policy - land use Date - unless they appeared in the public records - improvements on the land - that result in no loss to you - land division - that 6rst affect your title after the PoGcy Date -[his does not limit the labor and material lien wverage - environmental protection it Item 8 of Covered Tide Risks This exclusion does not apply to violations nr the 4. Failure to pay value for your title. I enforcement of these matters which appear in the public 5. Lack of a right: records at Policy Dale. - to any land outside the area specifically described This exclusion does not limit the zoning coverage and referred to in Item 3 of Schedule A described in Items 12 and 13 of Covered Title Risks. or 2. The right to take the land by cnndemning it, unless: _ in streets, alleys, or waterways that touch your land - a notice of exercising the right appears in the public This exclusion does not limit the access coverage in Item records on the Policy Date 5 of Covered Title Risks. Conditions 1. Definitions a. Easement- the right of someone else to use d. Public Records- title records that give constructive your land for a special purpose. notice of matters affecting your title-according to b. Laad- the land or condominium unit the state statutes where your land is located. described in Schedule A and any e. Tide- the ownership of your interest in the land, as improvements on land which are real property. shown in Schedule A. c. Mortgage- a mortgage, deed of trust, trust deed or other security instrument. 2. COIItinustioII This Policy protects you as lang as you: - are liable for any title warranties you make Of Coverage - own your title This Policy protects anyone who receives your title or because of your death. - own a mortgage from anyone who buys your land or 3. HOW TO a. You Must Give The Company Notice Of Your Claim The statement must have the following facts: Make A If anyone claims a right against the insured title, - the Covered Title Risks which resulted in your loss you must notify us promptly in writing. - the dollar amnunt of your loss Claim Send the notice to the issuing oftice or - the method you used to compute the amount of Chicago Title Insurance Company-Claims Departmeat y�ur loss 171 North Clazk Street Clvcago, Illinois 60601-3294 You may want to provide us with an appraisal of your (312)223-2000 loss by a professional appraiser as a part of your statement of loss. Please include the Policy number shown in Schedule A, and the county and state where the land is We may requue you to show us your records, checks, located. letters, contracts, and other papers which relate to Our obligation to you could be reduced if: your claim of loss. We may make copies of these - you fail to givc prompt notice papers. and We may require you lo answer questions under oath. - your failure affects our ability to dispose of or to Our obligation to you could he reduced if you fail or defend you against the claim refuse to: - provide a statement of loss b. Proof Of Your Loss Must Be Given To The Company or You must give us a written statement to prove your _ answer our questions under oa[h claim of loss. or This statement must be given to us not later than 90 - show us the papers we request, days after you know the facts which will let you and establish the amount of your loss. - your failure or refusal affects our ability to dispose Page 2 of or to defend you against the claun. s,s z�es se Con[inued on page 3 Conditions (continued) 4. Our Choices After we receive your claim notice or in any other way d. Pay you the amount required by this Policy. When You learn of a matter for which we are liable, we can do e. Take other action which will protect you. nne ar more of the following: NOtify US f. Cancel this policy by paying the Policy Amount, a. Pay khe claim against your title. then in force, and only those costs, attorneys' fees Of A Claim b. Ne otiate a settlement. g and expenses incurred up to that time which we c. Prosecutc or defend a court case related to the claim. �'e obligated to pay. 5. Handling A 1'ou must cooperate with us in handling any claim or When we defend your title, we have a right to choose Clsim OP court case and give us all relevant information. Lhe attorney. We can appeal any decision to the highest COUTt CBSC We are required to repay you only for those settlement �urt. We do not have to pay your claim until your case costs, attorneys' fees and expenses that we approve in �s finally decided. advance. 6. Limitation a. We will pay up [o your actual loss or the Policy - we settle your claim Of The Amount in force when the claim is c. The Policy Amount will be reduced by al] payments � made - whichever is less. made under this policy-except for costs, attorneys' CoITlpany 5 h. If we remove the claim against your title within a fees and expenses. Liability reasonable time after receiving notice of it, we will d. The Policy Amount will be reduced by any amount have no furthcr liability for it. we pay to our insured holder of any mortgage shown If you cannot use any of your land because of a in this Policy or a later mortgage given by you. claim against your title, and you rent reasonable e. If you do anything to affect any right of recovery substitute land or facilities, we will repay you for you may have, we can suhtract from our liability your actual rent until: the amount by which you reduced the value of that - the cause of the claim is removed right. or 7. Transfer Of �en we settle a claim, we have all the rights you had We will not be liable to you if we do not pursue thcsc Your Rights d�ainst any person or property related to the claim. You rights or if we do not recover any amount that might must transfer these rights to us when we ask, and you be recoverable. must not do anything to affec[ these rights. Yo� must With the money we recover from enforcing these let us use your name in enforcing these rights. rights, we will pay whatever pazt of your loss we have not paid. We have a right to keep what is left. 8. Aibitl'ation If it is permitted in your state, you or the Company The arbitration shall be under the Title Insurance (Inapplieable may demand arbitra[ion. Arbitration Rules of the American Arbitration The arhitration shall be binding on both you and the Association. You may choose current Rules or Rules ln Kansss Company. The azbitration shall decide any matter in �n eacistence on Policy Date. and dispute between you and the Company. The law used in the arbitration is the law of the place M15SOUT1� The arbitration award may: where the property is located. - include attorneys' fees if allowed by state law You can get a copy of the Rules Erom the Company - be en te r ed as a judg in t he proper court. 9. Our LiabiliTy This Po(icy, plus any endorsements, is the entire Is Limited To contract between you and the Company. Any claim you make against us must be made under this Policy and is This Policy subjcct to its terms. American CHICAGO TITLE INSURANCE COMPANY Land Title Association � � r N 1 � 1 Residential „� ���, �NSU,p " � .��,:• ..�' / Presidenf TiAe Insurance S' • �, � Policy (6 <> �°._� C � AP y� ►E' ',� Z Attest > ..; 4s+ � < L y'.'�1�l�wR4i� S L v ''••. ' � � � ..... . .: '' �'I �'.-�� �� Secietary Pa�e 3 �—�■ , ° Recorded in Platte County, Missouri Recording DatelTime:08/02/2010 at 12:09:16 PM Instr Number: 2010Q09128 """"� ��'�� pER Of �'. Book: 1160 Page: 553 ;��G�P'� � � � Q k, N � 4 Type: TR WD ;�: � :�: Pages: 2 _ ��.. Ia .� o : Fee: $27.00 S =�F'' •• '�y _ couNrv,�',�•' ,,,,,�,� GLOR/A BOYER Electronically Recorded Recorder of Deeds i 201oi�oa9 WARRANIY QEED (M�sourl Forrn for Irxiividuals) THIS DEED dated on the��Qday aC F��� , That William L. Arbuckle and Penny ArbucMe, sband d Wife Grantor(s), for and in consideration of the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto City of Riverside whose mafling address is�95D �. �11_ V� �!i pn �,� '��,11/2f"�lC� P, �� ���� r�0 Grantee(s), his/her/their heirs anci assigns, the fdlowing descri6ed land sitlk'�te in Piatte Lot 19, PLANTATION ADDITI�N, a subdivision in Riverside, Platte Counry, Missouri, according to the recorded plat thereof. Subject to easements, reservations, restrictions, and covenants, if any, of record. TO HAVE AND TO H�L� The premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto said Grantee(s}, and unto his/her/their heirs and assigns forever; said Grantor(s) hereby covenanting that he/she/they is/are lawfully seized of an indefeasible estate in fee oi the premises herein conveyed; that he/she/they has/have good right to convey the same; that said premises are free and clear From any incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they wili warrant and defend the tftle to said premises unto sald Grantee(s) and unto his/her/thelr heirs and assigns forever, against the lawful Claims and demands of all persons whomsoever. � -� ��. �, � , 201017049 WARRANTY DEED (Missouri Form for Individuals) THIS DEED dated on the�yZday oC �F�� ,�UWITNESSETH, That William L. Arbuckle and Penny Arbuckle, i!usband6��d Wife Grantor(s), for and in consideration of the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATIONS , do(es) by these presents, GRANT, BARGAIN AND SELL, Convey and Confirm unto City of Riverside whose mailing address is�q5� N.1�1 �>> V� on li':� � 11/2.I"' ;1�� 2, ���9� � �JC� Grantee(s), his/her/their heirs and assigns, the following described land situate in Platte Lot 19, PLANTATION ADDITION, a subdivision in Riverside, Platte County, Missouri, according to the recorded plat thereof. Subject to easements, reservations, restrictions, and covenants, if any, of record. TO HAVE AND TO HOLD The premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto said Grantee(s), and unto his/her/their heirs and assigns forever; said Grantor(s) hereby covenanting that he/she/they is/are lawfully seized of an indefeasible estate in fee of the premises herein conveyed; that he/she/they has/have good right to convey the same; that said premises are free and clear from any incumbrance done or suffered by him/her/them or those under whom he/she/they claim(s), and that he/she/they will warrant and defend the title to said premises unto said Grantee(s) and unto his/her/their heirs and assigns forever, against the lawful claims and demands of all persons whomsoever. � vv � mowdr IN WITNESS WHEREOF, said Grantor(s) has/have hereunto executed these presents on this �4 day of���� � ru /.�� � � = , , �ti^n ____ _ I i L Arbuckle - Penny Arbuckl STATE OF Missouri 3 SS. COUNTY OF Clay ) On this °�� day of �'�"' ,�� � before me, the undersigned, a Notary Public in and for said state, personally appeared William L. Arbuckle and Penny Arbuckle, Husband and ife to me known to be the erson(s) described in and who executed the foregoing instrument, and acknowledged the he/she�hey executed the same as his/her/their free act and deed. �s . �,c��,�Q� LYNNE WARD Notary Public Notary Public-Notary Seal STATE OF MISSOURI My commision expires: councy or Piane My Commission Expires, 8-26•207i Commission #07422251 mowd28/01 jfm