2006-02-21 Title Commitment
FEB-21-2006 03:00PM FROM-WRIGHT TITLE
+76S4776 I 55
T-570 P.OOI/OOS F-944
Wright Title Guarantee Co.
P.O. Box 315
Buff~Ot~ 55313
Phone 763-682-2023
Fax 763-477~61SS
February 21, 2006
Mr. Larry Kruse
City Administrator
City of AlbertVille
P.O. Box 131
Albertville, MN 55301
via fax to 763-497-3210
Dear Mr. Kruse:
Attached is a copy of oUr title conunitmc::nt for the sale of the Golf Course.
Please issue a letter to Wright Title Guarantee Co. indicating that there are no outstanding
finallcial obligations owing to the City of Albertville under the terms of the Development
Aireements listed on Schedule B of our title commitment.
Please fax the letter to my attention at 763-477-6155.
Thank. you for your assistance.
Sincerely,
c:L~~
Linda Opsal
Examine!
No. of pages including this cover. 5
FEB-21-2006 03:00PM FROM-WRIGHT TITLE
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SCHEDULE A
Commitment No.
20060200.3
ABSTRACT PROPERTY
Effective Date;
January 3], 2006 at 8:00 a.m.
Prepared For:
Gary B. Saller and/or assigna
P.O. Box 1480
Maple Grove, MN 553 I ]
Inquh'ies should be directed to:
Wri;ht Title Guarantee Co.
Bufinlo: (763) 682.2023
Elk River: (763) 441-5465
1. Policy or Policies to be i$$ued:
(a) ALTA Owner's
Proposed Insured: Gary B. Sauer and/or assigns
Amount or Insurance
(0) ALTA Loan
Proposed Insured: NONE
-0-
2. The estate Of inlerest in the land described Of referred to in tbJs Commitment and covered herein ;s Fee Simple.
3. Title to said estate or interest il'l said land is at the effective date hereohested in;
pilot Land Development Company, a Minnesota Corporation.
4. 'the land referrecl to in this Commitment is located in the County ofWrigbt, State of Minnesora, and described
as follows:
See Exhibit A Attached Hereto and Made a Part Hereof
Property known as 5700 Jason Avenue NE Albertvme, MN 55301
STEWART TITLE
GUARANTY COMPANY
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File No.: 200602003
EXlDBIT A
Lot 1, Block I, Cedar Creek South.
Lot 1. Block 1. Cedar Creek South Second Addition.
Outlot A and Owlot D. Cedar Creek South Thircl Ac:Jdition.
Lot 1, Block 1, Cedar Creek SO\\th Sbc.th Addition.
Outlot A and Outlot B, Cedar Creek North.
All bel.11g in Wright CO\lDty, Minnesota.
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SCHEDULE B
Commiunent No. 200602003
Sc~edl.lIe B oflhc policy or policies to be issued will contam exceptions to the fOllowing matters unless ilie same are
disposed of to the satisfact.ion oCtile Company:
1. Defects, liens. encumbrances, adverse claims or other matters. if llflY, created, lirst appearing in the public
records or attaaUng subsequent to the eff=ctive date hereof but prior to the datE! the pl'oposed Insured acquires
for value of record tile estate or interest or martll~e thereon covered by this Cormnltmel1t.
2. STANDARD EXCEPTIONS:
a. Facts which would be disclosed by a comprehensive survey oft~e premises herein described.
b. Rights and c1al1m ofplV'ties in possession.
c. Mechanics', Contractors' or Materialmen's liens and lien claims, if any, where no notice thereof appears of
record.
SPECIAL EXCEPTIONS:
3. Taxes payable in 2006 are not yet available. Taxes payable in 2005 in the amolIDts of $11,596.00, $670.00.
53,314.00, $5,898.00, 56.00. $14.00, 5112.00, $1588.00, and $938.00 are paid in full.. Taxes payable in 2004
and prior years are paid in flll1. Tax 1.0. Nos.101-054.0010]], 101-054-001012, 101-054-001010, 114-243.
0010)0, 101-062~OOO010, 101..062-000040, 101-074-0010]0, 101.053-000020, 101-053-000030. (non-
homestead).
4. Special Assessments. There are no special asseS$ments owing or pending.
S. Basement for draiTllli= and utility as dedicated in dle plats of Cedar Creek South, Cedlsr Creek South Second
Additiol'l, Cedar Creek South Third Addition, Cedar Crcek South Sixth Addition Iill1d Cedar Creek North.
6. Subject to encroachments as :shown on Sheer 2 of 2, of Certificate 0 r Survey by Meyer-Roblin liatec:l 6/13/05,
Job No. 05242.
7. Subject to County Ditch No.9.
8. Subject to W~t County Right of Way Plat No. 42 record=<! May 15,2001 as Document No. 74140~.
9. Declaration of Restrictions IlD<l Covenants fur Replacement Wetland recorded February 10,2003 as Document
No. 888481.
10. Memorand.um of Ocvelopc:n Agreement Cedar Creek Golf Course Planned Unit Development dated February
17, 1998; filed for record March 20, 1998 as Doetl1l1cntNo. 639463.
II. Developer's ~ement Center Oaks Second Addition dated Mf1tch lS, 1998; filed for record March 27, 1998
a$ Document No. 640040.
12. City of Albertville Developer's Agreement for Cedar Creek South dated August 5, 1998; filed for rectiX'd August
12, 1998 as Document No. 65.3050.
13. City of Albertville Developer's Agreement - Cedar Creek North dared June 30, 1998; filed for record July 20,
1998 as Document No. 650843.
STEWART TITLE
GUARANTY COMPANY
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14. City of Albertville Developer's Agreement Cedar Creek South Third Addition dated April 27, ]999; tiled for
record May 26, 1999 as Docum=ntNo. 679293.
15. City Qf AlbertvjJle Developer's AGl'eement for Cedar Creek South 8Mb Addition recorded December 6, 2000 as
Document No. 726629.
16. Ea.semcnt in favor of Nonhem States Power Company dated April 26, 1968; filed for record June 11, 1968 in
Book 37 of Miso" Page:s298-299 i1S Document No. 250954.
17. Easemem in favor of NOr".hem States Power Company dated. January 31. 1968; filed for record Februat')' 13,
196810 Book 36 of Misc., Page 195 as DocwnEmtNo. 249259.
18. Easement in favor ofNarthem States Power CompfU1y dated August 16, 1944; ftled for record AUgu5t 18, 1944
in Book :2 of Misc., Page 586 as Document No. 156956. The said Easement was defined pursuant to Partial
Release of Easement dated ~ber 12, 1997; filed for reclll'd December 15. 1997 as Dcx:ument No. 632501.
19, City of St. Michael Resolution No. 10-14.97/6 dated October 14, 1997, filed for record November 6, 1997 as
Dcc1lJTlentNo.630068.
20. City of St. Michael Resolution No. 10-14-97/7 dated October 14, 1997, 'filed for record 'November 6, 1997 as
DOC\J.rTleOt No. 630069.
21. City of St. Michael ReSOhltioD No. 10-14-97/8 dated OctOber 14,1997, filed for record November 6,1997 as
Docmnent No. 630070.
22. Subject to Qolf Course EasernC11t in favor oftbe City of Albertville dated May 4, 2005, recorded May 11, 2005
as DoeumentNo. 958687, as amended by Document No. 986777.
23. A Dooument of cCllveyence in favor of 0211)' B. Sauer and must be established of record. NOTE: The
document ot'conveyance mU$t comply with Minnesota Statutes regarding Well Disclosures. NOTE: Properties
in all Counties within th= State of Minnesota must comply with State Laws/Counties Laws regarding Individual
Sewage Treatmel'lt Systems.
24 If yoU should have any questions resnrdiug this Commitment, please call (763)-682-2023.
STEWART TITLE
GUARANTY COMPANY