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090 INVOICE DATE: March 4, 1963 TO Mr. Erik Jensen Clermont Florida .~~ '~ _ _ ~ ' . . . .T./ IL~:~~\~~~ftl.~~J Established 1887 ABSTRACTS OF TITLE & TITLE INSURANCE TELEPHONE 343-6351 P. O. BOX 1026 TAVARES, flORIDA REAL ESTATE RECORDING FEE9 ABSTRACTING Title Policy in amount of $4,300.00 Lots 10 0& 11, Elk. 91, Clermont $32.50 PAID 3/4/63 .l:ci! . In Re: City of Clermont REMARKS: Reissue Policy No. A-37329 TOTAL 63 3750 Ru-,j..50 ~O~K 231 PAGESQ4 SATISFACTION OF MORTGAGE(S) KNOW ALL MEN BY THESE PRESENTS, That CITIZENS BANK OF CLERMONT, Clermont, Florida, a corporation organized and existing under the laws of the State of Florida, with its principal offices located at Clermont, Lake County, Florida, being the owner and holder of that (those) certain Mortgage (s), hereinafter described; and also the owner holder of the note (s) in said mortgage(s) copied or identified, said mortgagees) securing said note(s) and sums payable as therein set. forth, has received full payment of said note(s), and hereby directs the Clerk of said Court to cancel same of record: MORTGAGOR(S) MORTGAGEE(S) DATED COUNTY OF OFFICIAL RECORD RECORDING AND PAGE .'Mortgage'- Betty Stock Jensen and Ci tizens funk of 9/22/56 Lake ~.Bk. 192 her husband, Erik S. Clermont page 359 Jensen - co ~ <I--> .. en (.r.J ~ <J1 0') STATE OF FLORIDA COUNTY OF LAKE IN WITNESS WHEREOF, said corporation affixes its seal and subscribes its name9-Y .it~";l" ,< . ,.,~~~.\\ "ftJ1!. '.;'.') 1 '.;.'" "001-.1 6 "i;'~ hereunto duly authorized this ILl"'? day of March c~>' ~;:<..~.~.".~i-~",;O'a., . / .~.. 0 ooGo,~'O [J, ooooo-Yc/ ;.;~_- CITIZENS BANit;:!nF."c:6Ea.~~;~ -, " ;; a 0 v'}> ("> , <)'. '~ ;'. ~ '2: g,l.., ^7'J~,. : '.'~ :.: n.AA",,",,/-""--I/_:~SJ11~' '04;1 !.~, ~C): " By,.,.,.,.,.,..,:!:..':':..':':.!.,!;-:;.y(~.c~'~ffi~.!.o'."(/...~~.:.:/:~JS. ~ v' .0. G () t1 ~\ Cl ~.'/\,) ," "'"'' .;.~;; '-"n "flHd...o..-o.r,<.)r.\ ..;' ..'.: 'i't; t,,' )lfJ \;} fJ (~. .... . \,1//1 . ,..' tr, 1,'::I'::t:,..I,',\' I HEREBY CERTIFY, that on this day personally appeared before me, an officer duly: authorized to administer oaths and take acknowledgements, , of CITIZENS' a~K OF CLERMONT, Clermont, Florida, a corporation, to me well known to be the individuaIAI,-nrd~IJb i~~~'Qf f ...~ .Y_ I' Y? said corporation described in and who executed the foregoing instrument and duly aCkno~~.fJ~~e,.~,~' ~~~)" ..~ that said corporation executed the same for the purposes therein expressed as the act, ~oO!i~q , . !:!~i:9~, corporation. i "J)l " . e/) .~..,.J s ~ g'" ~e.~;~;~1 l)I" :~ -= my hand and affixed by official ~qa\'~ Jy(j1~1;,:r;nodr~ .: , .T! '/.;. ",-"'.J. () N .o'\[ March, , A. D. 1~' 60\ .;:.,....., ........ 1" :,Ii V o~OOOOOOOOr -..,J ...",' "/,...\ 71 S l...'\ .' . L L).t".-.. ...~ V. - '..'.:. -..~ ...~.._,...._.......~.......'......n~..... ~~tary PublIc IN WITNESS WHEREOF, I have hereunto set Florida, said County and State, this 1171, day of RDED 114 ClIf"1C'I'L RECOROS BOOK 1lt'CO OF LAKE COUNTY. FLORIOI' FRANK E. OWENS CLERK OF CIRCUIT COURT I Notary Public, State of Florida at ~y Commission Expires Sept. 9 ~ onded oy Amencan Surety Co. 0' N. Y: 1 " TITLE & TRUST COMPANY OF" FLORIDA FORM NO. T-l11 I BINDER Title No. 8896 TITLE & TRUST COMPANY OF FLORIDA THIS COMPANY has accepted the application of Erik S. Jensen for insurance in ~he sum of Four Thousand Three Hundred -------- Dollars, to be issued to City of Clermont upon the performance of the conditions hereinafter set forth when the property will be sub- ject only to any defect, lien or encumbrance hereinafter mentioned in Schedule "B" to be ex- cepted in the Policy and to any returns that may appear on a continuation of the search. IT IS UNDERSTOOD that this certificate is delivered and accept~d upon the under- standing that neither the applicant nor the party who is to be insured has any information or intimation of any defects, objections, liens or encumbrances affecting said premises, except those hereinafter shown; and the applicant agrees, by the acceptance of this Certificate, that the Company is entitled to immediate payment of its fees, and that the Company's liability in any event under this Certificate is limited to the issuance of a policy of title insurance in its usual form for the amount hereinafter stated, and this Certificate shall become null and void upon the issuance of such policy. It is understood and agreed that this title is to be closed within 90 days from the date hereof, unless such time shall be extended by the Com- pany and such extension endorsed hereon. WHEN THE TITLE is promptly closed and the papers are duly executed by the proper parties, and duly recorded, and notice thereof given to this company, and this Certificate returned to the Company, accompanied by the receipts and proofs required, a policy of title insurance in this Company's usual form excepting all estates, liens, encumbrances and defects hereinafter shown, and any returns that may appear on a continuation of the search and not properly disposed of, will be issued for $ 4, 300. 00 in accordance with said application. This Certificate shall become null and void upon the delivery of said policy. TITLE & TRUST COMPANY OF FLORIDA Dated /2 27 February 1963 [f'AC_IMILE]// ~ Countersi ed ~?- / ~ Local Agent and Attorney-in-Fact '7'/~ I J ' r-- [f'AC-BIMILE] ~, ~ This Certificate consists of 4 pages. Assistant Secretary Inv ING F,1'-lousE ATTOF:lNe:V AT L.AW 710 MONTROSE: STREET CLEUJ'rrorONT,l.....LOUIDA March 11, 1963 Re: Lot 10, LESS the East 3 feet, and all of Lot 12, Block 91, City of Clermont SELLERS: BETTY STOCK JENSEN joined by her husband, ERIK S. JENSEN BUYER: CITY OF CLERMONT, a Muniticpal Corporation PURCHASE PRICE: $4,300.00 SELLERS' EXPENSES: Title Binder No. 8896 - Lake Abstract & Guaranty Co. Dated 2/27/63 - $4,300.00 - PAID by Sellers -0- Documentary Stamps on Deed: State $8.60 Federal 4.95 Mortgage - Citizens Bank of Clermont Principal $350.00 Int. to 3/11/63 10.50 $ 13.55 360 . 50 Pro-rate Taxes for 1963 - based on 1962 Taxes paid: City $31. 45 County 39.91 "$71. 36 Assumed by City 57.67 Recording Satisfaction of Citizens Bank Mtg. Attorney Fee 13.69 1. 50 10.00 $399.24 CITY'S EXPENSE: Recording Warranty Deed - Jensen to City $1. 75 o.J. 'i~3 () r .1.t- 3" l' 3roD~ Ilarch Ill" 1963 hr. .JErik Jensen 4:?1.~. l~innehaha J.'.ve. Cle~mont, ?lor~Qa Dear ,~rik: 'l:his is to u,"[yi:JG t1;,at I hav0 tocby paL} the bal- anca ;:~uo on to L:1ortfjage hr-115. by the Oi tizens Banl{ of CIC":"illonl; on ~ots 10 and 12, .ai_oel;: 91, City of CL;rPlont. You ',;il1 find enclosed h:~re~'li th e::mcel1ec. notCG nnd rnort(3uge 'c'ec;urding same. I u;n for~'Ul.rding 11 satiof3.ct::.cn of mortgage" to Tav~res fo:....' recording. ,Jin0orelJ yours, ~l. 11. Johnson 01 t;y Clerk 2ncl. ~\I-IJ : md (~ Tide No. 8896 BliNDER OF lTfLE & TRUST COMPANY OF FLORKDA JACKSONVILLE, FLORIDA ISSUED TO City of Clermont APPLYING TO PREMISES Part of Lot 10 & all Lot 12 Blk. 91, Clermont 9 i- ci Z :I: Il " 0 ... J a Il 0 oJ ... ... 0 >- z <( .. :I: 0 U ?- m ::l Il I- olI w oJ I- >= 631 3'751 FORM 1104 WARRANTY DBBD-(S",ulo'y P",m.) 236 OBO. ROil' 231 FIGF 885 TuillLANX RE~'STEREO. u. S. PAT: OFFICE 1\ /'I _ Tuttle Law Prltlt. Publishers. Rutlmd, Vt. f(u.;' I/~-- &'6;0 f 0' -" d tj,'!-i/. @r1hrft~ Imt~1tmtfrnmr1t~ Whe1'(11J~r used herein the term IIfXu'1y" shall include the heirs, personal repre....clltativc8, Sluceli60rs aJ~d / or (L8;i~n8 of the respective partic... hereto; the U..'iO of the singular n;um,ber shall incllulc the plural, and the plural the 8i,n~f(,la,"'; tho u-3e of any ~~nder $I!all ~ncl"dc all J!elldcl':J; (Uul, if lued, the term.. ,f note" sluul iltcltuLe all the notes herel.u descnbed If nwro than one Mack this 15th day of March A. D. 19 63 lli)ei!:weenn BETTY STOCK JENSEN joined by her husband, ERIK S. JENSEN, of the Coun~y of Lake party of the first part, and of Clermont, of the COlJ,nt1/ of Lake in the State of Florida part'fL'?f the second part, W ittnneE;E;e1tItn., that the said party of the first part, for and in consideration oj' the sum of FOUR TIIOUSAND THREE HUNDRED AND NO/100 ($4, 300.00)Dollars, to him in hand paid by the said party of the second part, the receipt whereof is hereby acknowledged, has granted, bargained and sold to the said party of the second part his heirs and assigns forever, the follmm:ng described land, situate lying and being in the County oj' Lake , Sta/te of .Florida, to wit: in the State of Florida CITY OF CLERMONT, a Municipal Corporation, \--- Lot Ten (10), LESS the East 3 feet, and all of Lot Twelve (12), Block 91, according to the OFFICIAL MAP of Clermont, Florida, filed 4 February 1926, and recorded in Plat &>ok 8, pages 17 through 23, Public Records of Lake County, Florida. d) w ~ :::0 ::- UJ I- ::::t::Z ~ :::I =-ol 0 o S ! ArE OF f" !L U H ~ l) A DOCUMEN!APV STAMP TAX == i'lAR18'6J == ~ --- - - 1J:::86[]~ fot~PTROLLER ",;;,S:.lJ~) - ~ PB. 190109=-Lo~_ - CD -0 ~ CJ..) . . (J1 0') And the said party oj' the first part does hereby fUUy warrant the title to said land, and will defend the same alffainst the lawful claims of all persons whomsoever. linn WiltnneE;E; WheTI."e{l>1f.. the said party of the first part has hereunto set his hand and seal the day and year first above written. Si ed, Sealed and D ive~ d in Ornr Presence: ~ S11:alte {l>f 1FJl{l>TI."ida., Cornnt.y of LAKE. .IT HlERlEBY ClERT.ITlFY, That on this day personally appeared before me",.,a~", officer duly authorized to administer oaths and take acknowled~ments ,. ,.d.', '<~";'{:;~,:,:#" . \ ~ l , l . Ii ~ ; J, .. ~~.. ..' BETTY STOCK JENSEN joined by her husband, ERIK S. JENS~~'{<'~!, '~:~:)~~./j~:{:~:~J" ;'.:t." . ,~'or.:, .' ........ - "... . ..':' " .,.....',... . . , ~...-:. "..;.j. . to me well known and known to me to be the individual f:des,(j~i:bif!'/~1j't aJl~'. U;fl-!f.;~?-..- ~ executed the fore~oin~ deed, and they have acknowledg,l!d(beftjf~X;jiert!ja~ '::' 'J:; they executed the sam e freely c;nd volunta.rily for the purposes! ,t''1~.f'iJ..~ii;~~XpN:..ssed'i c,' -:.":~' WiTNlESS my hand and oflicwl seal at Clermo~t . .(','::.".' ,1"'~'.I,~i~:~''',: ';' County of Lake , and State of Flonda, thl,S :~:'~.;t:?~ht'<"':': ,.....,..:~' day of March , A. D. 19 63 ":--";P/~"',:>::''':'''':,('or?.. ~"f'. J/ .'.i " . .- . "s- . 4-+,. ,'. '~l.""'" I! -,............. '/ -. / ~; ~ --", ' ',.,., ,. r, ',,'-:'.' .C," .' ';~,,.{!:>'c";..~'~, ~"}[?\.: )~.!~ __ " Notary Public '''- } I II My Commission Expires jJ~~JIfIP~ ~~-;~~--~- ~.~--..;::~ -+ "'-':.--~ - -.....::a.:..:L~_. ~.......~-~ -iJ 9 -~ : ;),;1 /-~./' /' 'I" I.. '- \. . / /' V ,'l!'([D @ /(> '/~" :qO.~. I .,'. " ~.~~~===-:"=-c;;I3.-'" '~=-~> "'"~__,~_ --" _._ '" Date 3-15-63 ~_~i=,---~ -~-~:.. >=~-C:~ ~ "'"""~--'-'~~O_ ::..:;;-.......:b. ,_ AlBSl'lRAC1I.' or j[))1ESCIIUM'IION Lot 10, less E 3' & All of Lot 12 in City Blk. 91 'f->';-:-:-~.,~~~~~1: -~. -"~1"';~~-.d.,;:~g~=~~-......~~~~ ~-=...; \ I~IG F. MORSE ~~;~y AT LAW 710 MONTR~E STREET CLERMONT. FLORIDA ,,' , , / '} C-eJ. .,,<J tf',c \ ~,. .:' ,~/ =;-'" , 7 ~., ~ / ~ .fl (.... ' . .' / ~ ~ v, '7 7>/:<5 /';?/ /' ! .,._-~ .I ~, /"-",-/--",' I ..,.,,~ t ,",. 1../", (. J ~ , TITLI!: & TRUST COMPANY OF" F'LORIDA F'ORM No. T-lll-A CONDITIONS 1. LIENS AND INCUMBRANCES to be paid and cancelled before policy is issued. 2. INSTRUMENTS TO BE EXECUTED, delivered and recorded before insurance by which title or interest is to be vested in the assured: Warranty deed executed by Betty Stock Jensen and husband, Erik S. Jensen, to City of Clermont. . TITLl!: & TRUST COMPANY OF" FLORIDA FORM NO, T-' l1-B-' .. SCHEDULE "A" DESCRIPTION OF THE PROPERTY the title to which is to be insured. That certain piece, parcel or tract of land, situate, lying and being in the Oty of Clermont County of Lake and State of Florida, known and described as: Lot 10, LESS the East 3 feet, and all of Lot 12, Block 91, according to the Official Map of Clermont, Florida, filed 4 February 1926, and recorded in Plat Book 8, pages 17 through 23, Public Records of Lake County, Florida, SCHEDULE "B" (Exceptions) LIENS AND ENCUMBRANCES against which the company is not to insure: 1. RIGHTS OF PARTIES in possession other than record owner. 2. ANY UNPAID MECHANIC'S or materialmen's liens. 3. ALL APPLICABLE zoning ordinances and regulations. 4. ANY STATE OF FACTS an accurate survey might show, 5. TAXES: Lien of taxes for the years 1962 and 1963. 6. Any unpaid taxes or liens assessed by the City of Clermont, Florida. 7. Mortgage dated 22 September 1956, filed 10 October 1956, executed by Betty Stock Jensen and her husband, Erik S. Jensen, to Citizens Bank of Clermont, securing the sum of $900.00, recorded in Mortgage Book 192, page 359, fublic Records of Lake County, Florida. SUBJECT to all matters contained hereinabove, record title appears to be in: Betty Stock Jensen Title & Trust Company of Florida-No. T.112 American Title Association Owner's Polley - 1960 ,/'Y"~---: . -~~~,?c\ ,.,,' I~. ,.,.'..., ..~ ,t<. V;:-;,~"= -', ~ '.....'1, v.w:'~.'V. ,/Of a' )) '....c;:':',.,; f?~_? (~" .;;t;-&'li"'/p.'iY ~ :f"\. . '.., {-.'" I."... .".. 'K., ,,' "~', ',:i.',~"" ','" , .' "," .' ,.~?;-,,<,. ~} f,')~"" ,i'} , .~;;!?'Y ,-' '~i;,'~ ,;* ~ "jL."~ .....~~ ~<'" ~i'''<.' , "'" l"'::'~'\~ '~r! '~.. ',' ')'~I ,-v'~~ 0.w' (t~ ,. ~':' .o.;,..,:.~c".'~ '\~. ); ~~"~ ,'~ z., ~~~ , )~ --/<.~ r -~~\ .ff~!J '-~~i.'~<~ },,.:';,"f ~'/Y. ',:l".,",:\" ,';1. 'j.) ~~~ ~ ',' ~~~'~,.".I,I' ;:-':'1 "'~0';\: =~~R ," ,', V ~.~.y; y,>' ~ ;,r, ",,,, ~ ;~"'\. /2 "':i()~' (i~,'".." ~:'~ ~,.,.t"- '1< -""z) +'\~. I')~ ,'/-/'/ :-:,,?<>' ,<. '-'~.;:.. .. )) , '""<.. (' ."''''' ' "''c.\ 'hi)) ,jJXtj '-." ~ ~~'.~ ,/Z~ ~.....<: ',Y'\;, ,~5-;/v ~\ ;'7t~ y ./<0:. , -~,\ 1//" ~qz;;.~ ~',,~'.'( '\ ......... -'l A, '~'....~ <., ..... .....; v)- ,\ ), .:::>..... ..... \,_/;<-.y : '.O\'""~ Q< : aD ' -<', \' '~.'! : \ SEA~1922) ~.I '.~'''~..'. .:/ \ ... ~ :'0/ ~, \\'>'>"'...." ......-'b /',1 "'}~ ,I \ ': -< '" ,. ^ '\ / ./z ''':.~,/ ,.,.......,.:q ~/, ',. '_~' , , .J >:I./ ,"'"1)- ",-",-:-=_ -:::7" ':# I ",,'''','''1\ 'f(t4"_ . -.f",_"~, 'l). .tf?_~;./ ; ,', :"~ ~"~;VEf;,:, ',\;,\\.1.5 C"fdj "'{' :'\':<; l;..y' ,,-,%;;,;'C, .....;;v..!N"~; ,.;'\;.-.:i\ ~ "'~v;A .~-~ ..'-:, ......vr~ ""'J1"3=-,.'~,' _/r<?,. \.'-':'.2~,,~ '. ~>'''2--__<~.'~'''.~ _ qritl~, A ~~~YA1!: ~~mp~U!l ~!) ~l\1J~~btt\ ~-,_. '-.-/ ~J!fft~cUn\} Ul~,: ,3Jllo~i~!\ a Florida corporation, hereinafter called the Company, for a valuable consideration paid for this policy of title insurance, the number and date of which are shown in Schedule A, does hereby in- sure the parties named as Insured in Schedule A, the heirs, devisees, personal representatives of such Insured, or, if a corporation, its successors by dissolution, merger or consolidation, against loss or damage not exceeding the amount set forth in Schedule A, together with costs, attorneys' fees and expenses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described or referred to in Schedule A, existing at the date hereof, not shown or referred to in Schedule B- or excluded from coverage in Schedule B or in the Conditions and Stipulations; all subject, however, to the Conditions and Stipulations hereto annexed, which, Conditions and Stipulations, together with Schedules A and B, are hereby made a part of this policy; all as of the effective date of this policy. IN WITNESS WHEREOF, Title & Trust Company of Florida has caused its corporate name and seal to be hereunto affixed and this policy signed by two of its duly authorized officers in facsimile. mitle & mrust Qtompnny of lJiloribn ~%~~. (Not valid unless countersigned) (Facsimile) Secretary LAKE ABSTRACT & GUARANTY CO. By: /If .~ .~-<~~~ Authorized Signature " CON][H'K'KONS ANID S'][']]PlUI,A'K'KONS 1. Definition or Terms The tolJowlnli{ tel'ms when used In this pOlicy mean: (8) "land": the land described, speclClcally or by reference, In Schedule A and Improvements affixed thereto whIch by law constitute real pl'operty; (b) "public records": those records which Impart constructive notice of matters relating to said lnnd; may b~C)lm~~re~vt~dfhe~' in8s~~eaJ ~~o~~~~~e'or"~~~O~~h1I~t~~O~dsO;W~~~gC or notice which (d) "date": the etrectlve date. 4., Exclusions from the Coverage or this Policy This policy does not Insure against loss or damage by reason of the following: (a) The refusal of any person to purchase. lease or' lend money on the estate or Interest covered hereby tn the land descrIbed In Schedule A. (b) Any law, ordinance or govel'nmental regulation (Includin~ but not limited to ~~~I~:,n:nj~:m~On11~f t~ed~~~~~e~~ {::~~~CtV~: t~~ ~~~~~~\Ienr~ 31~~~~~~~s~I~f. lt~~lt~~ugr~~y 1~I~r~~e~~~du~~~~~nh~h~a~\~e~rs~t..;sd oOrn a~~hd ~~nad~yoforrgrh~~;~~f ~csl~naJ.atlon In owner- (cl Governmental rights of pollee power or' eminent domain unless notice of judi- cial action to exercise such rights appears In the public records at the date hereof. (d) Title to any properly beyond the lines of the land expressly described tn rac~3~~I~t:' o~rt~~I;I':~t stt~e~t:int~f~Sth:~;I"nue:'ul:s~e:un~:rs~ ~~'m~~t~~waa:: c:?t}H~7-'~~~~c~~~~ or Improvement. or any rights or easements therein unless thlt; policy specifically prOvides that such property. rights or easements are Insured. except that IC the land abuts upon one or more physically open streets or highways this polley Insures the ordlnal'y rlg:hts o( abutting owners Cor access to one oC such streets or highways, unless otherwise ex. cepted or excluded herein. (e) De(ects, liens. encumbl'ances. adverse claims against the title as Insured or' other matters (1) created. surtered, assumed or agreed to by the Insul'ed; or (2) knov.'n to the Insured either nt the date of this policy or at the date such Insured acquired an estate or Interest Insured by this potlcy and not shown by the publIc records. unless disclosure thereof In writing b~ the Insured shall have been made to the Company prior ~~e~~~dd~~eb~:Q~~I~tPtO~lih~ ~~t~ )h~~~~}~lng In no loss to the Insured; or (4) attaching or (n Loss or damage whIch would not have been sustained If the Insured werc a purchaser for value withOut knowledge, , . 3. De(ense nnd Prosecution o( Actions - Notice oC Claim to be Given by the Insured (a) The Company, at lts own cost and without undue delay. shall provIde (or the ~:~'~~t ~~e tr~s~~~~~e~hll~h ant:~~ri~~o~ ~~~IJ~~ngu o~n a~t~~f~c~~ If~~C~d~~~~r:ig~~g~ci~~ sUl'ed against by this policy, and may pursue such fltlgatlon to Cinal determination In the court o( last resort. (b) In case any such action or proceedlnl{ shall be begun. or defense Interposed. or In case knowledge shall come to the Insured oC any claim of title or Interest which is adverse to the title as Insured, or which might cause loss or damage for which the Company shall or may be liable by virtue of this polley, the Insured shall notify the Companr; thereof in wrIting. If such notice shall not be given to the Compan~ within ten ?:y;O~{fY hfh~ec6~g}~~~r~f~~~r !e~~tlnl~:nO~;f et~~u~g~~~~e S?~~~~eoJ' ~~a in~li- ~ghJg~'o~~ri ~~gj~c\O rit~~t;i~rl:~c~e ~ftt~~, IpnrS~~~~I~~e~r a~alire~I~~lyfc~~~e C~:i:lren;;'l~~a~:~a~~O~~d~~~ however', that failure to notify shall In no case prejudice the claim of any Insured unless ~~~hc~~1~~rc:.hall be actually prejudIced by such failure and then only to the extent of (c) The Company shall have the right at its own cost to Institute and prosecute ~~~lr~~tl~~oo~s~~gY~hdlrtfe ~rtl~o a~nrnsoJ~eeJ; a~~dwr~;h c~nmiJ~n~PI~~; tr:;~l ~y n:g~~S;;~a~~ ~~~IJ~nn~t"~~~r~~~ ~~~:d~( If~~fll~I~C! w~~:~h:~yO~r~e}sl~n S~~lth?: ~~~Pd;. thel'eunder and or pro\~~e I(~rnilh~a~:~e~'~eer~( t~A~ ~lifcin P;{~lr~c~df~i.UI{h: ~~~u;:~;~~~~ ~~~~~~'i6U\~ the rJght to so prosecute or provide defense In such action or proceeding, and all ap- peals therein, and permit It to use. at Its option. the name o( the Insured for such pur- pose. \Vhenever requested by the Comcflany the Insured shall give the Company all ~~~~itgl~~e ~t~~~sess~c~r a~t~g~cotitl~~ocg: ~~fen~~ne:f~~I~g a~il~~e~~n~r~~~J:~:, e~~~ent1ee Company shall reimburse the Insured (or any expense so Incurred, 4. Notice o( Loss - Limitation o( Action In addition to the notices required under paragraph 3( b), a statement in writing o( any loss or damage for which it Is claimed the Company is liable under this fOllCY shall be furnished to the Companr within sixtr days after such loss or damage shal have been ~~f;[m~"a~~ ~~?ern~u~~hs\a~e~;~I?~h~~flha~cir~~o (~~~l;~:~.re~n:tn~gr r~~~e~~lliKaNn~~ had by the Insured under this polley unless action shall be commenced thereon within ~It~o~;a~~ ~~t;.~;:p~~aitgnco~~~~eth~~~h ~~rlo~er~~5;I:atl~~r~l~oe !~~~~~~~rocr~ sst::~lH:~: gg~~ly~ a conclusive bar against maintenance by the Insured o( any action under this 5. Option to Pay, Settle or CompromIse Claims Of~~: 1~~~:~Ya~~a~I~I~el~~~r~~ti~;af~sf~ ~~ s;~~etg~ ~~Wp~~~~~et (gr ftilinp~~l~yn~~:i such payment or tender o( pab'ment, together wIth all costs. attorneys' fees and ex- P';~C~m~~I~~ ~~~e~~~t~ny 1s 0 ligated hereunder to pay. shall terminate all JlabJlity of 6. Payment o( Loss (a) The liability ot the Company under this polley shall In no case exceed. In all, the actual Joss of the Insured and costs and attorneys' (ees whIch the Company may be oblgated hereunder to pay,' all Cos~~)lm~~:e~o~~~nlh:li~~~~dl~na?I~:~~t?o~O c~~'~l~~S~Ant~r~~eaf;~I:;.sta~~ }~~s tl{..~lli~: sured, and all costs and attorneys' fees In litigation carried on by the fnsured with the wl'ltten authorization of the Company, (c) No claim for d;r,mal{cs shalt arise or be maintainable under this policy (1) I( the Company. after ha\'lnR received notice of an alleRed defect. lien or encumbrance not excepted or excluded herein removes such defect. lien or encumbrance withIn a reason- r~~~r~lcrrn a~f[II~e:~~~ ~fals~c~r nsoJlf~IPhO~~) wfr~rt~~~~~~n~o~~ni~~llto~g~~y~d by the fees a~g) ex~~ln~eal~~~}~ l~~~~~ l~~s :~g~~t ~~Cf{;; F~~:~c~ ~~dra~~~ ;~~tsno abt~~~el~~ shall be made without producln~ this polley for endorsement of such payment unless the policy be lost or destroyed, In which case proof o( such loss or destruction shnll be fur- nished to thc satisfaction of the Company. (e) When liability has been deClnltely Clxed In accordance with the conditions o! this polley the loss or damage shall be payable within thIrty days thereafter. 7. Liability Noncumulative It Is expressly undel'stood that the amount oC this ~OIlCY Is reduced by any amount the ~g~P~rYtr':::r lh~w~n~~r r:r~~~II~~ \~stg;}~:d~~: Balh~~~O?rofr~~~t~~~t~~y e mg:tS~3 ~~ trust hereafter executed by the Insured which Is a charge or lien on the fnnd described or referred to In Schedule A. 8. CoInsurance and Apportionment (8) In the e\'ent that a partial ~~5J ~fyurrn al~~ :~e~~,te[~~lol~s~~ebmg~~~~:n~ ~~?;:~r~~nio t~h~h~x~:~~ ~~r~rA~freO~I~~i forth. If the cost of the alteration or Improvement exceeds twenty per centum or the amount f~et~~mPp~~C:'a:~c~e ~r~~3~;~0~w~"nlf~ ~fera~~nr:~tt~} t~~ n~~aub~~S~~du~~alIO~y bg~~;s ~~ the sum oC the amount of this polley and the amount expended tor the alYerntlOn or Im- g~l)~'~~~~in~hney f?~'e:~~~~J>tl~~1 s~~n~ r~~iJ 1 n~o~o8ff~~ ~~ (~o;:: ~r~c~\~~~n~~s ~:~c:e~~~~r7~ r~~~;~do~nt~~c1nsa~~~gn~~~u;r~~et~dl~h:s.t~n"ds sg~lihA~tP~ggry 0[0 t~s~~~tsw~k~o~e~ nOont ~~~ ceed, In the aggregate. an amount eQuol to one per centum o( the (ace amount o( this policy, Provided. however. that the foregoing coinsurance provisions shall not apply to Bny loss If. at the time o( the occurrence of such loss. the then value of the premises. as SO Improved. does not exceed the amount o( this polley, (b) If the land described or referred to In Schedule A Is divisible Into separate and noncontiguous parcels. or If contiguous and such parcels are not used as one sln~e ~~~~, s~~11 'belo~~~s u~~~n~I~~he~trl~f3C~I~ga o;reo or~~o;:sl~f ~all~ fh:cr~~e b~~onuO~t a~}. thl: polley was divided pro rata as to the value on the date o( this policy or each separate Independent parcel to the whole. exclusive o( any Improvements made subsequent to the date of this galley. unless a lIability or value has otherwise been agreed upon as to each ~~~h s~~~~;;1 bi at~ee;~~~:~ra~e~e~~eh~~:r~egr a6/~~ t~~deO~e~he~tIS:~t~~~~dO(h~~~~o~IICY 9. Subrogation upon Payment or Settlement ro~~?o"ne~~~I\h;eSO~p~hn: ~oh~~a~~v~nSneH~?e3 i~a~~y u:c~e~(tr~~ ~~~red~I~~Jgat S~~l~U:; subrog:ated to and be entitled to all rights and remedies which the Insured would have had against any person or property In respect to such claim had this policy not been issued, It the payment does not cover the loss or the Insured. the Company shall be subrogated to such rights and remedies In the proportion which saId payment bears to the amount o( said loss, It loss should result from any act o( the Insured. such act shalJ ~~~t vg:da~~I~o~~ll~~ur~~t at;:in~~~~~~Jndl~r ~~ic~v:~~il s~:~~e~e th~q~:::r~~n\~ rrarn~~l~s\hr~ ~~~ u~~~Ea g~ ~h/e~~p~~y:h~~:n Fa l~~~7~r 0 ~othih~ I~;mot n~~briifa ~11~~'ts T~~l n~~~:dl~; against any person or ~roperty necessnr)'. In order to gerfect such rJght o( subro,atlon, rlrl~aSt~g~ 1~e:orrJ[n~h~uc~n:.f:~& ~or ~~~~dfes~ame o( t e Insured In any transact on or 10. Policy Entire Contract Any action or nctlons or rights o( action that the Insured may have or may brln~ ~~at~:t pt~oeVJ~?o~~ao"l t~r~s~no'lg~.t of the status o( the title Insured herein must be base No provIsion or condition of this policy can be waived or changed exc~t by writing ~~~:~:;.. h:~e'A~s&k~tt~~~tat;.ve;~ ~i~ire~a?fiJatrig ~~1r~~;n~t fhev~gmp~~~.dent. the 11. Notices, Where Sent be Al~rr;.~~~:J r~~u~~~p~n~ s~~~f~h:d~~~ad'~oartd a~n~t~~~e;~~~thr~\I.~gJ~~~~~~111~~ Florida. C\J ~ r-l ~ ~ m ~ .(:> -P ~ 0 g ~~ ~ ::r; "" H ~ ~QC=' ~ ,l;::l l:! -P ~ ~ - ~ -P 08 C ~ " Q l:i c 0 ~ 9 ~ ~ ~ 0 ~ ~ ~ Il-l Ul rl (Y) ~ ~ t=; Ul Q ::: H Q) \.0 .(:> .~ ~ ~ ~ "" Q) -Prl 0'\ ~ 8 g ::: "" r-l 00 rl ~ a - 0 H ~ ~ - t:'-- ..c: N ~ - ~ ~ ~ 1$ ..:::t i+-l i+-lrl () QC=' B ..:::t 0 00'\ H ~ ~ ~ rl ~ ~ \.0 p.., -P I -P H~ rx:l .rl cUrl ex:> IZi 0 Pdq rl 0:AB-GA, 'f~' C..J~- [ ~ C ( ~ [) C r r>" z o f: 0 :': <0 U ~ o III III >- <( u W ..J ..J 0 I- a. f: III Z It: 0( W !:! z It: ~ W 0 :l; <( ~'\' ~-'':\...,..----J. l..: t . r~\:\'"~! .....- -~,~,,,;iJ 1 "< . ! (,.J 1--'] I .I I .. (~ (<(~ I I ~-) 1--1 l) ~?1 J -~ 'j .?J J '':) ,) --1" ::,: <.' p, "J ;;:;] -......:.Y.~.~. >- I- ~ <<<(I) o::9e- c:t!to::z :=;)OI.lJ C'......l<,? o,aw-< to- en CJ uWz ~~~ I-~(f) C/) ........ - C::ll- or:t: l..1J ~.~ ~~. SCHEDULE A NO. FE 614 4 7 DATE 18 March 1963 AMOUNT $ 4,300.00 INSURED CITY OF CLERMONT 1. The estate or interest in the land described or referred to in this schedule covered by this policy is: Fee simple. 2. Title to the estate or interest covered by this policy at the date hereof is vested in the Insured. Warranty deed dated 15 March 1963, filed 18 March 1963, ex- ecuted by Betty Stock Jensen joined by her husband, Erik S. Jensen, to City of Clermont, recorded in Official Record Book 231, page 895, Public Records of Lake County, Florida. 3. The land referred to in this Policy is situated in the County of Lake State of Florida, and is described as follows: Lot 10, LESS the East 3 feet, and all of Lot 12, Block 91, according to the Official Map of Clermont, Florida, filed 4 February 1926, and recorded in Plat Book 8, pages 17 through 23, Public Records of Lake County, Florida. ,.,., SCHEDULE B This policy does not insure against loss or damage by reason of the following: Any state of facts an accurate survey may disclose. Lien of taxes for the year 1963. Any unpaid taxes or liens assessed by the City of Clermont, Florida.