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CITY OF LITTLE ROCK
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COMMITMENT FOR TITLE INSURANCE
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LEGEND
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SCHEDULE B- SECTION II
N0. 15-097636-700
COMMITMENT
EFFECTIVE DATE: NOVEMBER 10. 2015
!I SCHEDULE B OF THE POLICY OR POLICIES TO BE ISSUED WILL CONTAIN EXCEPTIONS TO THE FOLLOWING MATTERS UNLESS THE SAME ARE DISPOSED OF
PROPERTY LINE
TO THE SATISFACTION OF THE COMPANY.
- -
WATER LINE
I. DEFECTS, LIENS, ENCUMBRANCES, ADVERSE CLAIMS OR OTHER MATTERS, IF ANY, CREATED, FIRST APPEARING IN THE PUBLIC RECORDS OR ATTACHING
U.G. TELEPHONE LINE
SUBSEQUENT TO THE EFFECTIVE DATE HEREOF BUT PRIOR TO THE DATE THE PROPOSED INSURED ACQUIRES FOR VALUE OF RECORD THE ESTATE OR
—
OVERHEAD ELECTRIC LINE
INTEREST OR MORTGAGE THEREON COVERED BY THIS CCM.MITMENT.
—
—
STORM DRAIN LINE
—
--'
NOT SURVEY RELATED
-�—
SIGN POLE
2.STANDARD EXCEPTION:
-►-
UTILITY POLE A GUY
(x) RIGHTS OR CLAIMS OF PARTIES IN POSSESSION NOT SHOWN BY THE PUBLIC RECORDS.
S
O
SANITARY SEWER MANHOLE
NOT SURVEY RELATED
O
GAS METER
(h) EASEMENTS OR CLAIMS OF EASEMENTS, NOT 9a0'WN BY THE PUBLIC RECORDS.
I1.
WATER METER
NONE TO SURVEYORS KNOWLEDGE
TELEPHONE PEDESTAL
(C) ENCROACHMENTS OVERLAPS, BOUNDARY LINE DISPUTES AND ANY MATTERS WHICH WOULD BE DISCLOSED BY AN ACCURATE SURVEY AND
INSPECTION OF 11 PREW!SES.
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WATER VALVE
NONE TO SURVEYORS KNOWLEDGE
FIRE HYDRANT
(d) ANY LIEN OR RIGHT TO A l.'EN, FOR SERVICES, LABOR, OR MATERIAL HERETOFORE OR HEREAFTER FURNISHED, IMPOSED BY LAW AND NOT SHOWN
s
®
TELEPHONE PULL BOX
BY THE PUBLIC RECORDS.
0
FOUND SURVEY MARKER
NOT SURVEY RELATED
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3. SPECIAL EXCEPTIONS:
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SET IRON PIPE & CAP
(a) TAXES AND ASSESSMENTS FOP THE YEAR(S) 2015 ,•ND THEREAFTER, WHICH ARE NOT YET DUE AND PAYABLE, PLUS ANY PE',!A'_7ES AND INTEREST
WHICH MAY ACCRUE.
NOT SURVEY RELATED
X
(b) FUTURE ASSESSMENTS OF CHENAL VALLEY PROPERTY OWNERS MULTI -PURPOSE IMPROVEMENT DISTRICT NO. 5 OF PULASKI COUNTY, ARKANSAS, NO
T
M N,S
ARKANSAS, AS NO ASSESS _
. r PULASKI COUNTY.K S
ASSESSMENTS CURRENTLY BEING LEVIED; PROPERTY OWNERS IMPROVEMENT DISTRICT NO. 247 OF UL
�
CURRENTLY BEING LEVED AND KANIS AND DENNY ROAD SUBURBAN WATER IMPROVEMENT DISTRICT NO. 349, NO ASSESSMENTS CURRENTLY BEING
LEVIED.
NOT SURVEY RELATED
(d) SUBJECT TO AN EASEMENT FOR AN UNDERGROUND ELECTRIC DISTRIBUTION LINE GRANTED BY AND BETWEEN DELTIC FARM & TIMBER CO., INC. AND
17, 1987 AS INSTRUMENT NUMBER 87-1':.CO3
S•CORRECTEDe!GNMENT,
JOHN G. WATKINS, III AND VICK' WATKINS, HUSBAND AND WIFE IN AGREEMENT, RECORDED FEBRUARY
r E
480.59E
P SBA
AND ASSIGNMENT IN FAVOR OF PULASKI ACADEMY, RECORDED JANUARY 15, 1998 AS INSTRUMENT NUMBER 98 OQ3421 AND AS.
NAIL �`
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RECORDED APRIL 11, 2006 AS INSTRUMENT NUMBER 2006026720. RECORDS OF PULASKI COUNTY, ARKANSAS.
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THIS IS A BLANKET EASEMENT AND SURVEYOR FOUND NO INDICATION OF THE EXACT LOCATION.
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r c c DELTIC TIMBER PURCHASERS INC., DATED NOVEMBER 7, 1988, RECORDED
(d) MINERAL DEED FROM DELTIC ARM & TIMBER CO., INC. IN FAVOR OF DEL C B
NOVEMBER 16, 1988 AS INSTRUMENT NUMBER 88-61004, RECORDS OF PULASKI COUNTY, ARKANSAS.
1
tiT?p� NOT SURVEY RELATED
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SUBJECT TO VARIOUS 15 FOOT WIDE RIGHT, PRIVILEGE AND EASEMENT TO CLEAR, LAY, CONSTRUCT, OPERATE, MAINTAIN, REPAIR, REPLACE, TEST
ARKANSAS FOR THE
\
C9 AND INSPECT UNDERGROUND WATER MAINS AND SURFACE APPURTENANCES THERETO CONVEYED TO THE CITY OF LITTLE ROCK,
24, 1990,
9A\ \
USE AND BENEFIT 0 F THE LITTLE ROCK MUNICIPAL WATER WORKS BY DELTIC FARM & TIMBER CO., INC. IN RIGHT OF WAY, DATED MAY
F\ \
oK NA!I_ RECORDED DULY 19, 1990 AS INSTRUMENT NUMBER 90 39409, RECORDS OF PULASKI COUNTY, ARKANSAS.
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_BAR & CAM N 89�g•(}g• WREI)AP & CAP REBAR &CAP N N REBAR & CAP \ \
82_21'(MEAS-) T REBAR &GAP/ \
_N_8sroa 3 W Cl Y OF LITTLE ROCK N 88009r44" W
17.14'(MEAS.) _-2.17 (DEED) 49.36'(MEAS. 5/8- REBAR
17.16'(DEED)
49.35'(DEED)
FOR THE USE AND BENEFIT OF:
DENNY ROAD, LLC
3EAR STATE BANK
AMERICAN ABSTRACT & TITLE COMPANY
FIDELITY NATIONAL TITLE INSURANCE COMPANY
GRAPHIC SCALE
`00 0 50 100 200 400 CERT',FICATE
I _
THIS IS TO CERTIFY THAT THE ABOVE DESCRIBED LAND HAS BEEN
- - - -- SURVEYED. THE CORNERS ARE MARKED AS SHOWN AND ARE IN
( IN FEET ) ACCORDANCE WITH EXISTING WONLIMEN'TS IN THE VICINITY. THIS
1 inch = 100 ft. C°" ' CA' 'IN IS FOR AND UNITED TO THE PARTIES SHOWN HEREON.
EASEMENTS ON SUBJECT PROPERT SHOWN ON SURVEY
(f) SUBJECT TO A 100 FOOT WIDE RIGHT OF WAY TO PLACE CONSTRUCT, BUILD, MAINTAIN, OPERATE, REPLACE, REPAIR, REMOVE AND RECONSTRUCT
�r TTRANSMISSION.
- FRTHE
OVERHEAD AND/OP UNDERGROUND ELECTRIC TRANSMISSION LINES AND STRUCTURES AND NECESSARY GUYS AND SUPPORTS 0
, MAINTAIN OVERHEAD ANC OR
T ERECT AND MA
AND DISTRIBUTION OF ELECTRICAL ENERGY AND TO ERECT AND MAINTAIN OR PERMIT OTHERS 0 E EC /
UNDERGROUND COVMUNICATIONS CIRCUITS AND EQUIPMENT, GRANTED TO ARKANSAS POWER & LIGHT COMPANY BY DELTIC FARM &TIMBER CO., INC.
IN RIGHT OF WAY PERMIT, DATED NOVEMBER 21, 1991, RECORDED DECEMBER 6, 1991 AS INSTRUMENT NUMBER 91 71191, RECORDS OF PULASKI
COUNTY, (ARKANSAS.
SHOWN ON. SURVEY AS TO THE EXTENT IT EFFECTS THE PROPERTY
(g) SUBJECT TO THE TERMS AND RESERVATIONS CONTAINED IN SPECIAL WARRANTY DEED FROM DELTIC TIMBER CORPORATION IN FAVOR OF PULASKI
ACADEMY, INC., DATED JANUARY 15, 1998. RECORDED JANUARY 15, 1998 AS INSTRUMENT NUMBER 98 003420 AND CORRECTIONS THEREOF,
RECORDED JUNE 23. 1998 AS INSTRUMENT NUMBER 98 047896 AND RECORDED APRIL 11, 2006 AS INSTRUMENT NUMBER 2006026719, RECORDS OF
PULASKI COUNTY, ARKANSAS.
NOT SURVEY RELATED
(h) SUBJECT TO ORDINANCE NO. 17.827. RECORDED OCTOBER 12, 1998 AS INSTRUMENT NUMBER 98 078519, RECORDS OF PULASKI COUNTY, ARKANSAS.
NOT SURVEY RELATED
(1) SUBJECT TO A LITTLE ROCK MUNICIPAL WATER WORKS BOARD OF COMMISSIONERS RESOLUTION NO. 99-1 ADOPTING OF MINIMUM ACREAGE FEE FOR
WATER SERVICE CONNECTIONS, ALONG WITH OTHER VATTERS, RECORDED JANUARY 19, 1999 AS INSTRUMENT NUMBER 99 005015. RECORDS OF
PULASKI COUNTY, ARKANSAS.
NOT. SURVEY RELATED
(j) SUBJECT TO A PERMANENT RIGHT, PRIVILEGE AND EASEMENT OF VARIOUS LENGTHS AND WIDTHS TO LAY, CONSTRUCT, MAINTAIN, REPAIR, REPLACE,
TEST AND INSPECT UNDERGROUND WATER MAINS, GRANTED TO THE CITY OF LITTLE ROCK, ARKANSAS FOR THE USE AND BENEFIT OF THE LITTLE
ROCK MJNICIPA'_ WATER WORKS, DATED FEBRUARY 17, 1997, RECORDED APRIL 6, 1999 AS INSTRUMENT NUMBER 99027391, RECORDS OF PULASKI
COUNTY, ARKA\SAS.
NOT ON SURVEYED rROPERTY
(0 SUBJECT TO T.IE TERMS AND CON01'PONS CONTAINED IN SPECIAL WARRANTY DEED WITH RESERVATION OF MINERAL INTEREST, DATED AUGUST 2,
2001, BY DELTIC TIMBER CORPORATION IN FAVOR OF RUSH F. HARDING III, RECORDED AUGUST 31, 2001 AS INSTRUMENT NUMBER 200io68C'8.
RECORDS OF PULASKI COUNTY, ARKANSAS.
NOT SURVEY RELATED
(1) SUBJECT TO A 10 FOOT WIDE NONEXCLUSIVE RIGHT OF WAY AND EASEMENT FOR THE PURPOSE OF LYING, CONSTRUCTING, INSPECTING, MAINTAINING,
I F T
- - LINES, GRANTED TO
I UNDERGROUND r TELECOM SYSTEMS AND L N_
I OMMUNICATIONS S TE : I r.e P N LR ROUND T_LEC
n-^ I ,� REPLACING U U
I AN .NG REMOVING AND N PA. .NG G
�.H.WES A RI C RE OPERATING. r P T
i In �
� R ND FACILITIES.
c EASEMENT FOR UNDERG CU
SOU PHIYSTEPN BELL TELEPHONE COMPANY BY CF_LTIC TIMBER CORPORATION :N RIGHT OF WA. AN.. EASE _
JANUARY 23, 2C22, RECORDED APRIL 22, 2002 AS INSTRUMENT NUMBER 2002135529, RECORDS OF PI_ASKI COUNTY, ARKANSAS.
SHOWN ON SURVEY
(m) SUBJECT TO `HE TERMS AND COND!TIONS CONTAINED IN DECL ARA-90N OF WATERLINE EASEMENT TO RUN WITH THE LAND BY DELTIC TIMBER
CORPCRAP.ON, DATED JUNE 26, 2002, RECORDED DECEMBER 3, 2002 AS INSTRUMENT NUMBER 2002202405, RECORDS OF PULASKI COUNTY,
ARKANSAS,
SHOWN ON SURVEY
(n) SUBJECT TO CPOINANCE NO. '3.778, RECORDED DECEMBER 13, 2002 AS INSTRUMENT NUMBER 2002206576, RECORDS OF PULASKI COUNTY.
ARKANSAS.
NOT SURVEY, RELATED
(o) SUBJECT TO CRRDINANCE NO. '8,779, PECOPDED DECEMBER 13, 2002 AS INSTRUMENT NUMBER 2002206577, RECORDS OF PULASKI COUNTY,
ARKANSAS.
NOT SURVEY RELA7'.D
(p) SUBJECT TO A 10 FOOT WIDE PERMANENT RIGHT, PRIVILEGE AND EASEMENT FOR THE PURPOSE OF PERMITTING THE KANIS AND DENNY ROADS
SUBURBAN WATER IMPROVEMENT DISTRICT NO. 349 TO LAY, CONSTRUCT, MAINTAIN, REPAIR, REPLACE, TEST AND INSPECT UNDERGROUND WATER
MAINS AS GRANTED BY PULASKI ACADEMY, INC. 'N RIGHT OF WAY EASEMENT, DATED MAY S. 2003, RECORDED NOVEMBER 4, 2003 AS INSTRUMENT
NUMBER 2003'14367 AND SUPPLEMENTAL RIGHT OF WAY EASEMENT, RECORDED APRIL 20, 2014 AS INSTRUMENT NU'i'BER 2004031837, RECORDS OF
PULASKI COUNTY, ARKANSAS.
SHOWN ON SURVEY
(a) LOSS ARISING FROM ANY OIL, GAS OR MINERAL INTERESTS, CONVEYED, RETAINED, ASSIGNED OR ANY ACTIVITY ON OR DAMAGE TO THE INSURED
LAND CAUSED BY THE EXERCISE OF SUB —SURFACE RIGHTS OR OWNERSHIP, INCLUDING BUT NOT LIMITED TO THE RIGHT OF INGRESS AND EGRESS
FOR SAID SUB —SURFACE PURPOSES.
NOT SURVEY RELATED
(r) LOSS ARISING FROM ANY JUDGMENT U'_NS OR OTHER LIENS OF RECORD IN ANY UNITED STATES DISTRICT COURT OR BANKRUPTCY COURT IN —^E
STATE OF ARKANSAS AS OF THE EFFECTIVE DATE HEREOF THAT ARE NOT REFLECTED IN THE REAL PROPERTY RECORDS OF THE COUNTY IN W-!CH
THE PP.DPERTY IS LOCATED,
NOT SURVEY RELATED
(s) PENDING DISBURSEMENT OF 'HE FULL PROCEEDS OF THE LOAN SECURED BY THE MORTGAGE DESCRIBED IN SCHEDULE A, THIS POLICY INSURES
ONLY TO THE I_XTENT OF THE AMOUNT ACTUALLY 'DISBURSED, BUT INCREASES AS EACH DISBURSEMENT IS MADE IN GOOD FAITH, WI iHOUT
KNOWLEDGE OF ANY DEFECTS, LIENS OR ENCUMBRANCES ON THE TITLE, AND PURSUANT TO A LEGAL OBLIGATION TO DISBURSE. UP TO THE FACE
AMOUNT OF THE POLICY. NOTHING CONTAINED IN THIS PARAGRAPH LIMITS ANY EXCEPTION OR ANY PRINTED PROVISION OF THIS POLICY. NOT
WITHSTANDING ANYTHING IN -HIS POLICY TO THE CONTRARY, THE POLICY ISSUED DOES NOT GUARANTEE COMPLETION OF IMPROVEMENTS, COMPUNN
WITH BUILDING PLANS, SP'CIFICATIONS OR CODES, NOR THE SUFFICIENCY OF FUNDS FOR THE COMPLETION THEREOF.
NOT SURVEY RELATED
RrTY 'DE-
PAr.• n•- THE W,/1 EC' 35 TOWNSHIP 2 NORTH R ;- '4 W. T
A- . ",'AS, MORE 'A :'_ '-1 DESCR'.9rD AS FjI_LOWS
BEGIn'\ nG AT AN t,- UM''<'_ DISK AT THE Enc '/4 CORN( SAI ..,'ION 35;
THEM1' N C-1' 58 59" E ALONG it WEST LAE OF S:iF"
.7AR
AND C':
T}-'_NC' 44' 03` 37' E FOR 211.02 FEET TO A COi,,ON ' J{F,:R _'"°IDLE r"P ` IN
... .
},N P A^,
`HEN;; -I", 18' :,7" E ALONG SAID C=\TERL!NE FOR 2`7 `r.FT TO A PK NAIL;
THENCF S 0•' r __." W FOI, 43'_S- '-EFT TC A 1- 'EEA "N - '-01374 LINE OF -"
'"!'rx'/4 :Wt/4
5 D rCT' N -5;
( S SW 28' 25" E ALONG SAID NOR'11 INE FOR ',^ 0 "' /, ".'I_ IN
rE^2�`-dLINE
OF Jf ^ IY AD;
+_NC c 4555 OF" r ALONG SAID CENTER NE FOR
_NC , A,,'W FOP 416.'2 ` FT E` A REBAR CAP:
09 Z, P" W FOR 26 _C4 A BAR AI' D CAP;
THEN: - 04 E Fr P 1�1�.3^ - A REBAR AND CAP;
Y FOR I A REPAR AAD ^AP
,. 45'F / 57 rF " RF-AR A n CA? O THE NORTH LJNF
'^-+'..'N OF /.
- n rF ?,.+ro WA ''ER VrWn,r a C TY OF I I TTLF' R!'C.(. '1RKAV SAS;
7\G S C \J?Tk \E 7WIVI2 C( '''rS
- (38' 09 .4. W' ! ^2 tr :S6 = n qR N11
:
86" 1" 0' W FOR 2 -.79 I , TO A RL:'AP AND
- -s- , r 1- W 'DP , ^1 n -, , I -'_'AR 1,- CAP:
.. A RhA r
' 6 " W FOR 55.40 EEL. TO , 3AR nN ' CAP;
J4 W FOR 1 L 4 FEE 7 TO A R ,R N) .A.n.
- ' 9' 45 ," W F04 63.22 I =ET TO A !,EI3'R 1" ^:' A- "FIE '%rFRSF.CTI^ r
�- SAID NORTH
THE WEST LINE OF SAID SECTION 75;
''PARTING SAC NORTH LINE N 01' SS' 19' E P ..
FrrT TO TH`.
.
9EGINN:NG;
'- ',056,645 SQUARE F-ET OR 24.^57 ACRES, .: _ _F.SS.
ILESS AND EXCEPT THE RIGHT OF WAY FOR SI.NNY ROAD.
DESCRIPTION
Oc THE J=' /4 SE1 /4 AND -,H` = 7' NE1 /4 T'nti'
2 6::TH, RANGE 14 WEST. LTTLE ROC',
A 'AS. MC. 0 PAPTICL'_ARLY D ,CR'^' D AS F' _. ^
DEC\KING AT AN ALUMINUM DISK AT THE EAST 1/ 'CORNER OF SAID
S^N 34;
TPFNCT S 01' 58' 19" W ALONC T'''E EAST LINE Or S CP ` i5n,
FO,+ �.'33.21 FELT TO AN IRCNI PIPE AND CAP ON THE
5 T WIDE RIGHT OF WAY FOR A RAW WATER UNF A'"[::.' T'-E
C' ^'I= LITTLE ROCK, ARKANSAS;
7':-NCE N 88' 12' 55" W FOR 511.56 FEET ALONG S 'D NORT'' ?!C`HT r-
WA" LINE TO AN IRON PIPE AND CAP:
THENCE N 02" IS' 08" E FOR 10271.00 FEET TO A RFRAR AND r
THE, N 44- 03' 37" E FOR 754 37 FEET TO A RFBAP AND
'HENCE S 01' 58' 19' W FOR 45'.93 FEET TO THE P^NT OF S;NNINC;
CONTAINING 863,430 S7l1ARE FEET OR 15.230 ACRF'� JOSS.
SURVEYOR'S NOTES
1. N= INFORMATION AND/OR ELEVATION n F �YSNr UTII T Ic
S A:
01, T 1. SU^V- S BASED ON RECORDS rF `XISIA JTIUTY C04'.PA'd ...
,ERPOSS PI _, w'EAS'JREMENTS WEIRSKF N 'N yr FIELD. HC
. ORMATION IS NOT J 9E RELIED ON AS 9'',NG COMPLETE. THE
ON '.AC_,0R MUST CAL THE APPROPRIATE UT!LT( COMPANY A EAS'
I '
FURS INAO ADVANCE ? FORE ANY EXCAVAT ON '0 REQUEST EXAC F�L..
_OCA'ON OF UTIUTIE_:.
2 RAS!S OF BEARINGS: ARKANSAS STATE PLANS- ''OOPOINATES 'CP'-
ZONE (PAC:S).
3. THE Pp
OPFr2TY IS NOT SHOWN IN THE 100 Y"AR FL005 P'_A!N '"
ROOD INS PONCE RA-r MAP COMMUNITY PANEL NUMBER 05018' 031b
DATED JULY U, 2015.
4. THIS PROPERTY IS "NED R2 CUP
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