2. Policy (or Policies) to be issued: POLICY AMOUNT. a. ALTA Loan Policy (6/17/06) TBD
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1 Schedule A 1. Commitment Date: February 24, 2015 at 08:00 AM 2. Policy (or Policies) to be issued: POLICY AMOUNT a. ALTA Loan Policy (6/17/06) TBD Proposed Insured: TO BE DETERMINED, its successors and/or assigns as their respective interests may appear. b. ALTA Owner's Policy (6/17/06) TBD Proposed Insured: TO BE DETERMINED 3. Fee Simple interest in the land described in this Commitment is owned, at the Commitment Date, by 4. The land referred to in this Commitment is described as follows: By: SEE SCHEDULE C ATTACHED HERETO Jamie Montague Title Agency Support, LLC Authorized Countersignature (This Schedule A valid only when Schedule B is attached) Form A (7-1-14) Page 1 of 1 ALTA Plain Language Commitment ( ) Schedule A
2 Schedule BI REQUIREMENTS The following requirements must be met: (a) (b) (c) (d) (e) (f) Pay the agreed amounts for the interest in the land and/or the mortgage to be insured. Pay us the premiums, fees and charges for the policy. Pay all taxable and/or assessments, levied and assessed against the land, which are due and payable. You must tell us in writing the name of anyone not referred to in this Commitment who will get an interest in the land or who will make a loan on the land. We may then make additional requirements or exceptions. Documents satisfactory to us creating the interest in the land and/or the mortgage to be insured must be signed, delivered and recorded. If a policy is to be issued a Louisville/Jefferson County Premium tax of 5% of the premium, MUST be collected in addition to the premium. Form BI (7-1-14) Page 1 of 1 ALTA Plain Language Commitment ( ) Kentucky - Schedule BI
3 Schedule BII EXCEPTIONS Any policy we issue will have the following exceptions unless they are taken care of to our satisfaction. 1. (a) taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the public records of such agency or by the Public Records. 2. Any facts, rights, interests or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession in the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstances affecting the Title that would be disclosed by accurate and complete land survey of the Land and not shown by the Public Records. 5. Any mineral or mineral rights leased, granted or retained by current or prior owners. 6. Taxes and assessments for the year 2015 and subsequent years, not yet due and payable. 7. Conditions, stipulations, restrictions, building lines and easements, together with incidental rights, as provided for on the recorded plat of record in Deed Book 414, Page 642, in the office aforesaid. 8. Right of Way granted Louisville Gas and Electric Company of record in Deed Book 5085, Page 659, in the office aforesaid. (Parcel 1) 9. Deed of Dedication granted City of Louisville of record in Deed Book 5149, Page 716, in the office aforesaid. (Parcel 1) NOTE: Exceptions numbered none above will be hereby deleted upon issuance of the Loan Policy Only. Form BII (7-1-14) Page 1 of 1 ALTA Plain Language Commitment ( ) Kentucky - Schedule BI
4 Schedule C The Land referred to in this policy is described as follows: Parcel 1: LEGAL DESCRIPTION Beginning at the Southwest corner of 17 th Street and Burnett Avenue, as shown on the plat of Marydale Addition to the City of Louisville Subdivision, of record in Deed Book 414, Page 642, in the Office of the Clerk of Jefferson County, Kentucky; thence Westwardly along the South side of Burnett Avenue 125 feet and extending Southwardly of the same width throughout 125 feet to an alley; being a consolidation of Lots 24, 28, 26, 27 and 25 (erroneously described as Lots 156, 157, 158, 159 and 160 in Deed Book 6830, Page 87), Block No. 2, Marydale Addition to the City of Louisville Subdivision, aforesaid. Being the same property conveyed to in Deed of Consolidation dated December 20, 1996 of record in Deed Book 6830, Page 87; and being a portion of the property Page 28 both of record in the Office of the Clerk of Jefferson County, Kentucky. Parcel 2: Beginning on the Northwest corner of 17 th Street and Hill Street, as shown on the plat of Marydale Addition to the City of Louisville Subdivision, of record in Deed Book 414, Page 642, in the Office of the Clerk of Jefferson County, Kentucky; thence Westwardly along the North side of Hill Street 72 feet and extending Northwardly of the same width throughout 125 feet to an alley; being a consolidation of Lots 55 and 56 (erroneously described as Lots 91 and 92 in Deed Book 6830, Page 91), Block No. 4, Marydale Addition to the City of Louisville Subdivision, aforesaid. BEING, the same property conveyed to, in Deed of Consolidation dated December 20, 1996 of record in Deed Book 6830, Page 91, and being a portion of the property page 28 both of record in the Office of the Clerk of Jefferson County, Kentucky. Parcel 3: Beginning in the north line of Burnett Avenue at the Southeast corner of the tract conveyed to Charles I. Dawson, Trustee, by deed dated May 29, 1941 and of record in Deed Book 1783, Page 435, in the office of the Clerk of the County Court of Form C (7-1-14) Page 1 of 3 Schedule C
5 SCHEDULE C (Continued) Jefferson County, Kentucky; thence eastwardly along the north line of Burnett Avenue 366 feet, 6 inches, more or less, to the west line of the tract conveyed to, by Deed dated December 18, 1939, and of record in Deed Book 1728, Page 443, in the office aforesaid; thence continuing eastwardly with the north line of Burnett Avenue, as extended, 10 feet to the east line of the tract conveyed to the City of Louisville on April 19, 1940, of record in Deed Book 1743, Page 56, in the office aforesaid; thence southwardly with said east line feet, more or less, to a point; thence southeastwardly 6 feet to a point in the north line of Hill Street; thence eastwardly with the north line of Hill Street feet, more or less, to the west line of the Susan H. Avery tract; thence northwardly with the west line of said Avery tract, feet, more or less, to the north line of said Avery tract; thence eastwardly along the north line of said Avery tract, feet, more or less, to a stake in the west line of the K&I Terminal Railroad right-of-way 50 feet wide, said point being also 18 feet west of the center line of the tract now located in said right-of-way; thence northwardly with said line being parallel with and 18 feet from the center line of said tract now located in the right-of-way with a curve to the left the following distances: feet, feet, feet, feet, feet, feet, and feet to a stake in the south line of the tract conveyed to Southern Railroad Company by Deed of record in Deed Book 537, Page 267, in the office aforesaid; thence westwardly with the south line of the aforementioned tract feet, more or less, to an iron pipe in the said south line; thence westwardly with the south line of said last mentioned tract feet to a point; thence continuing westwardly with the south line of said last mentioned tract feet, more or less, to the northeast corner of the tract conveyed to Charles I. Dawson, Trustee, as aforesaid; thence southwardly with the east line of said last mentioned tract feet to the point of beginning. BEING, the same property conveyed to by Deed of Consolidation dated December 20, 1996 of record in Deed Book 6830, Page 95 and being a portion of the property page 28 both of record in the Office of the Clerk of Jefferson County, Kentucky. Parcel 4: Beginning on the South side of Burnett Avenue 150 West of the Southwest corner of 17th Street and Burnett Avenue, as shown on the plat of Marydale Addition to the City of Louisville Subdivision, of record in Deed Book 414, Page 642, in the Office of the Clerk of Jefferson County, Kentucky; thence Westwardly along the South side of Burnett Avenue 50 feet and extending Southwardly of the same width throughout 125 feet to an alley; being a consolidation of Lots 22 and 21 (erroneously described as Lots 153 and 154 in Deed Book 6830, page 99), Block No. 2, Marydale Addition to the City of Louisville Subdivision, aforesaid. BEING, the same property conveyed to by Deed of Consolidation dated December 20, 1996 of record in Deed Book 6830, Page 99 and being a portion of the property page 28 both of record in the Office of the Clerk of Jefferson County, Kentucky. TAX DATA: Parcel 1: Form C (7-1-14) Page 2 of 3 Schedule C
6 SCHEDULE C (Continued) Parcel No F Assessed Value $30, State County and School taxes in the FACE amount of $ are PAID as of November 24, Parcel 2: Parcel No F Assessed Value $23, State County and School taxes in the FACE amount of $ are PAID as of November 24, Parcel 3: Parcel No H Assessed Value $2,800, State County and School taxes in the FACE amount of $37, are PAID as of November 24, Parcel 4: Parcel No F Assessed Value $12, State County and School taxes in the FACE amount of $ are PAID as of November 24, Form C (7-1-14) Page 3 of 3 Schedule C
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