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Resolution #5444 - sale of surplus public real estate located at or about 155 S. 2nd Avenue
x RESOLUTION NO. 5444 A RESOLUTION AUTHORIZING SALE OF SURPLUS PUBLIC REAL ESTATE LOCATED AT OR ABOUT 155 S.2°d AVENUE WHEREAS, the City of Canton, Fulton County, Illinois ("City"), is a non-home rule unit of government; WHEREAS, Section 11-76-4.1 of the Illinois Municipal Code (65 ILCS 5/11-76-4.1) provides: Sale of surplus real estate. The corporate authorities of a municipality by resolution may authorize the sale or public auction of surplus public real estate. The value of the real estate shall be determined by a written MAI certified appraisal or by a written certified appraisal of a State certified or licensed real estate appraiser. The appraisal shall be available for public inspection. The resolution may direct the sale to be conducted by the staff of the municipality; by listing with local licensed real estate agencies, in which case the terms. of the agent's compensation shall be included in the resolution; or by public auction. The resolution shall be published at the first opportunity following its passage in a newspaper published in the municipality or, if none, then in a newspaper published in the county where the municipality is located. The resolution shall also contain pertinent information concerning the size, use, and zoning of the real estate and the terms of sale. The corporate authorities may accept any contract proposal determined by them to be in the best interest of the municipality by a vote of two-thirds of the corporate authorities then holding office,but in no event at a price less than 80%of the appraised value. WHEREAS, the City currently owns the following described surplus real estate (hereinafter the "Surplus Real Estate") East Half(E-1/2) of Lot 71 and Lot 72,N 45-1/2 East Half(E-1/2) of Lot 73; South Half (S-1/2) of Lot 73 and all of Lots 74 and 75, in Jones 2nd Addition to the City of Canton, County of Fulton, State of Illinois. (Final Legal Description Subject to Change) PIN(s): 09-08-27-440-002; 09-08-27-440-004; 09-08-27-440-005; 09- 08-27-440-007; 09-08-27-440-008; 09-08-27-440-009; 09-08-27-440-010; 09-08-7-440-011 Common Address: 155 S. 2nd Avenue, Canton, IL 61520 WHEREAS, the corporate authorities, by this Resolution, have determined that the Surplus Real Estate is no longer necessary, appropriate,required for the use of, profitable to, or for the best interests of the City; WHEREAS, the Surplus Real Estate has been appraised by Chad A. Beekman, a Certified General Real Estate Appraiser, and his appraisal indicates a fair market value of Fifty Thousand and No/100 Dollars ($50,000.00) (the"Appraised Value"); WHEREAS,the Surplus Real Estate is currently vacant and its use is intended for future development; WHEREAS,the corporate authorities previously'adopted Resolution No. 5438, on June 12, 2023, to sell the above-mentioned Surplus Real Estate, but the City did not receive any proposals in accordance with the terms of said Resolution; - WHEREAS,the corporate authorities have determined that it is in the best interests of the City to sell the Surplus Real Estate for further commercial or industrial development. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS AS FOLLOWS: 1. That the Recitals set forth above, and all facts and statements contained therein, are found to be true and correct and are hereby incorporated and adopted as part of this Resolution; 2. Any parties interested in submitting a proposal to purchase the Surplus Real Estate, on the terms and conditions set forth herein, must submit their proposal to the Mayor's Office, in writing,no later than September 15,2023. Said proposal must include the substantive terms below, any additional proposed terms and conditions (including whether they are negotiable), and the purchaser's proposed use of the Surplus Real Property. 3. The City Clerk shall cause this Resolution to be published at the first opportunity following its passage in a newspaper published in the municipality, or if none, then in a newspaper published in Fulton County. 4. The substantive terms of the sale of the Surplus Real Estate shall be as follows: Purchase Price:No less than Forty Thousand and No/100 Dollars ($40,000.00),being 80% of the Appraised Value Size of Real Estate: Approximately 1.16 acres Zoning: The Surplus Real Estate is currently zoned I-2 (Heavy Industrial) and/or R-4 (Multiple Family). The proposal may include requirements for re- zoning to another business or industrial zoning classification. Use: The Surplus Real Estate shall be used solely for commercial or industrial purposes. Closing Date: On or before October 31,2023,unless extended by agreement of the City Restrictions/Covenants: Upon closing, the Surplus Real Estate may be encumbered by restrictions and/or covenants satisfactory to the City to ensure development of the Surplus Property. 5. The City Clerk shall cause the appraisal to be available for public inspection at the Office of the City Clerk, 2 N. Main Street, Canton, IL 61520, during normal business hours through September 15, 2023. 6. The Purchase price shall not be any less than 80% of the appraised value. 7. The sale of the Surplus Real Estate shall be conducted by the Mayor, being staff of the City of Canton. 8. Additional terms and conditions may be negotiated by and between the City and the proposed purchaser prior to approval of the final purchase contract. 9. The City hereby reserves the right to accept and/or reject any contract proposal determined to be in the best interest of the City of Canton. 10. The final purchase contract accepted by the City shall be subject to a vote of two- thirds (2/3) of the corporate authorities then holding office. 11. Resolution No. 5438 is superseded by this Resolution and is further repealed. 12. This Resolution shall be in full force and effective immediately upon its passage by the City Council of the City of Canton and approval by the Mayor thereof. PASSED AND APPROVED THIS 15th day of August, 2023. AYES: Mayor Kent McDowell,Alderpersons Grimm,Nelson, Lovell,Hale, Gossett,Ketcham, Lingenfelter NAPES:None ABSENT: Alderperson Chamberlin APPrR� ,OV, : V vvL)U--rw Kent McNDD4vell, Mayor ATT ST: drea J. alters-Smith, City Clerk This document prepared by Christopher J. Jump DAVIS & CAMPBELL L.L.C. 401 Main Street, Suite 1600 Peoria, Illinois 61602 Voice: (309) 673-1681 Fax: (309) 673-1690 Email: cjjump@dcamplaw.com Mail tax bill and return after recording to: B &B Canton Properties, LLC 124 E. Pine Street Canton, IL 61520 SPECIAL WARRANTY DEED The Grantor, the CITY OF CANTON, an Illinois municipal corporation, for the consideration of Ten Dollars ($10.00) and other good and valuable consideration GRANTS, BARGAINS and SELLS to the Grantee, B & B CANTON PROPERTIES, LLC, an Illinois limited liability company, the following-described real property (the "Property"): The East Half of Lot 71; the East Half of Lot 72; the East Half of Lot 73; the South 37 feet of the West Half of Lot 73; and Lot 74; all in Jones Second Addition to the City of Canton, situated in the County of Fulton and State of Illinois. The above described parcel does not include any portion of adjoining Second Avenue which was vacated per City of Canton Ordinance 146, approved and signed by Mayor Paul Woods on December 18, 1951, and recorded June 22, 1976 as Document No. 76- 48046 in Book 825, Pages 408-410, being the easterly seventeen (17) feet wide strip of said Second Avenue, and Ordinance 563, approved and signed by Mayor Robert Jennings on September 21, 1976, being the remaining forty-nine (49) feet wide strip of Second Avenue. This forty-nine (49) feet wide strip portion of Second Avenue is currently and shall remain property of the City of Canton. P.I.N.(s): 09-08-27-440-002; 09-08-27-440-004; 09-08-27-440-005; 09-08-27-440-007; 09-08-27-440-008; 09-08-27-440-009; 09-08-27-440-010; 09-08-27-440-011 Common Address: 155 S. 2nd Avenue, Canton, IL 61520 1 together with all and singular the hereditaments and appurtenances thereto; to have and to hold the same, with the appurtenances thereto, forever, subject to: (i) a restriction that the Property shall only be used for commercial and/or industrial purposes, and consistent with ordinances of the City of Canton, Illinois, including without limitation zoning ordinances, unless expressly permitted in writing by the City of Canton, Illinois; (ii) the dedications, conditions, covenants, restrictions and easements of record, and all applicable zoning laws and building ordinances, and matters of survey relating to the Property; (iii) and the general real estate taxes which are levied or assessed against the Property with respect to calendar year 2023 and subsequent calendar years. The Property is not homestead property. And the Grantor, for itself and its successors, does covenant, promise and agree to the Grantee, and its successors, that it has not done or suffered to be done, anything whereby the Property is, or may be, in any manner encumbered or charged, except as herein recited; and that it will warrant and defend the Property against all persons lawfully claiming by, through or under the Grantor, except acts of the Grantee,but none other. Dated this 17.�d1 day of January, 2024. CITY OF CANTON, an Ill&isnicipal coreration By. $A'A �W en A. McDowe , Mayor Attest: Andrea J. Si ith-Walters, City Clerk STATE OF ILLINOIS ) SS COUNTY OF FULTON ) I, the undersigned, Notary Public in and for said County and State aforesaid, do hereby certify that Kent A. McDowell, Mayor of the City of Canton, an Illinois municipal corporation, personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered the said instrument as a free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal this day of January, 2024. - O'Alm—a Notary blic OFFICIAL SEAL NANCY A SCHELL 2 NOTARY PUBLIC,STATE OF ILLINOIS COMMISSION NO.41155P MY COMMISSION EXPIRES DECEMBER 31,2027 FROEHLING WEBER&SCHELL, LLP. BANK OF-FARMINGTON j IOLTA REAL ESTATE'ESCROW ACCOUNT 16 N MAIN sr 5457 FARMINGTON,IL61531 150 N.°ELMWOOD ROAD . 70-588/711_ FARMINGTON, IL 61531 01919/2024 PAY TO THE City of Canton,an Illinois municipality. 39,242.00 ORDER OF Thirty Nine-Thousand Two Hundred Forty Two and 00/100 Dollars______________________________________________________________ DOLLARS: City of Canton,an Illinois municipality 2 N.Main Street Canton,IL 61520 MEMO File No.230011505291 � Memo: A THORIZED SIGNATURE' 11000545711' 1:07LIOS88211: 111415 54511■ FROEHLING WEBER&SCHELL, LLP/ESCROW ACCOUNT O I�\U�/ 5457 0 File: 230011505291 Buyer: B&B Canton Properties,LLC,an Illinois limited liability company Seller: City of Canton,an Illinois municipality Date Property Address: 155 S.2nd Avenue Canton,IL 61520 01/19/2024 P03 Proceeds of Sale $39,242.00 Total: $39,242.00 Payable to: City of Canton,an Illinois municipality s i ' merican Land Title Association ALTA Settlement Statement-Cas Adopted 05-01-201 File No./Escrow No.:230011505291 Froehling,Weber,&Schell,LLP Print Date&Time:01/17/24 5:14 PM ALTA Universal ID:1114908 Officer/Escrow Officer: 167 West Elm Street Settlement Location:Froehling,Weber Canton,IL 61520 &Schell,LLP 167 West Elm Street Canton,IL 61520 Property Address: 155 S.2nd Avenue Canton,IL 61520 See Addendum for Additional Properties Buyer: B&B Canton Properties,LLC,an Illinois limited liability company 124 East Pine Street Canton,IL 61520 Seller: City of Canton,an Illinois municipality 2 N.Main Street Canton, IL 61520 ettlement Date: Disbursement Date: dditional dates per state requirements: Seller _ "� ° ' 'ri„ DescriptionEmu= Borrower/Buver �Debrt Credtt u4'a Debit Credit Financial $40,000.00 Sale Price of Property $40,000.00 Deposit $500.0 Title Charges&Escrow/Settlement Charges $50.00 Title-Closing Protection Letter to ATG Fees&Transfers $25.00 Title-Recording Service Fee to Froehling,Weber&Schell, $5.70 LLP $225.00 Title-Search&Exam Fee $125.00 to Froehling,Weber&Schell,LLP $125.00 Title-Settlement Fee to Froehling,Weber&Schell, LLP $125.00 $3.00 Title-State Regulatory Fee to ATG Fees&Transfers $120.00 Title-Owner's Title Insurance to Froehling,Weber& Schell,LLP Government Recording and Transfer Charges Recording Fee(Deed)to Froehling,Weber&Schell,LLP $86.00 $20.00 County Transfer Stamps to Froehling,Weber&Schell,LLP $40.00 State Transfer Stamps to Froehling,Weber&Schell,LLP Copyright 2015 American Land Title Association File#230011505291 All rights reserved. Page 1 of 5 Printed on:01/17/24 5:14 PM �6��TlRAF�S IYIT.�' '�i[Y�:���.rP}L•.1'."�Y.. :?�f� -- - � _ - _ _ Seller: D'escrrption Borrower%Buyer Debit Credit. Debit I Credit -- Miscellaneous $175.00 Document Prep.to Froehling,Weber&Schell,LLP Seller-_ Borrower Bu y er /__ Debit_ Credit, Debit;. : Credit $758.00 $40,000.00 Subtotals $40,366.70 $500.0 Due From Borrower $39,866.7 $39,242.00 Due To Seller $40,000.001 $40,000.00 Totals $40,366.70 $40,366.7 Copyright 2015 American Land Title Association File#230011505291 All rights reserved. Page 2 of 5, Printed on:01/17/24 5:14 PM Acknowledgement We/I have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction and further certify that I have received a copy of the ALTA Settlement Statement.We/I authorize Froehling,Weber,&Schell,LLP to cause the funds to be disbursed in accordance with this statement. B&B Canton Properties, LLC,an Illinois limited liability City of Canton,an Illin 's municipality company '4A-4 I� ! I I 2d,7-1 ` / y y Date By Date Escrow Officer Date Copyright 2015 American Land Title Association File#230011505291 All rights reserved. Page 3 of 5 Printed on:01/17/24 5:14 PM Addendum to ALTA SS Closing Information—Additional Tracts of Land IL IL IL IL- IL IL IL Copyright 2015 American Land Title Association Fl le#230011505291 All rights reserved. Page 4 of 5 Printed on:01/17/24 5:14 PM i Advocus National Title Insurance Company- CHANGE OF NAME ADDENDUM TO CLOSING DISCLOSURE/SETTLEMENT STATEMENT File No.230011505291 This Change of Name Addendum to Closing Disclosure/Settlement Statement is attached to the Closing Disclosure- Settlement Statement issued by Attorneys'Title Guaranty Fund,Inc.regarding File No. 230011505291 Wherever in the said Closing Disclosure/Settlement Statement the name ATTORNEYS' TITLE GUARANTY FUND, INC.is used, the name ADVOCUS NATIONAL TITLE INSURANCE COMPANY is hereby substituted. Wherever in the said Closing Disclosure/Settlement Statement the acronym"ATG"is used,the term"Advocus"is hereby substituted. In witness whereof,ADVOCUS NATIONAL TITLE INSURANCE COMPANY has executed this Change of Name Addendum to Closing Disclosure-Settlement Statement as of January 17,2024 Date /*\Advocus National Title Insurance Company- Peter J.Birnbaum President and Chief Executive Officer FORM 4287 ©ADVOCUS(923) ocUST- NationalA- d v Title. Insurance.Comp.dr y ALTA CLOSING PROTECTION LETTER Seller issued by ADVOCUS NATIONAL TITLE INSURANCE COMPANY American Land Title Association Closing-Protection.Letter—single Transaction—Adopted April'2;-N21 :Addressee: City of Canton,an Illinois ml nicipality Date.:. January 1.7-,2024 Issuing Agent or Approved-Attorney'.' Froehling,'Weber&Schell; LLP:;Agent`No". 115 167 West".Elie Street Canton, IL:61520 or;AdGocus.National Title Insurance Company;,0ne South.Wacker':Drive,Suiter2400; Chicago, Illino.is;;606M465.4, or both. "Real Estate?Transaction": Advocus National Title:,lnsurance Company.Gommitment,forTitle::Insurance:Number..2300.1.1505291 Seller(,,$); City'of:Canton,"an Illinois municipality Buyer(0) orrower(s):- B&"B C_.anfon Properties _LLC;_an.11linois limited liability company P_roperty'Address(es): 155 S.2nd;Avenue. Canton,'IL 61620 Lender: 41K _Re;Closing Protection Letter D:ea�City of,Cantd.n; an Illinois municipality: .In consideration .of Your acceptance of this letter, Adv-ocus National Title Insurance.Company (the "Company"),,agrees to indemnify 'You for actu-al.loss of Funds incurred. by You.in connection with:the closing of th-e Real Estate Transaction conducted by the Issuing: Agent or-Approved Attorney on or 'after the Date of this letter;subject'to- the Requirements and, Conditions and. Exclusions.set'forth. below: RE(dUIREMENTS I. The. Company.issues of is contractually obligated to-issue a Policy for Your protection in connection"with the Real Estate Transaction; 2: You are to be-a Seller.-of the Title; 3: The aggregate of all Funds You transmit".fo the Issuing Agent.or Approved"Attorney'for the.Real Estate.Transaction doe s'not exceed; A40.660:00 -;.and 4. Your los's is:solely causg:d by: a, a failure.of the Issuing-Agent or Approved Attorney to comply with;Y;our.written closing.instructions:that relate to: i., the-disbursement of Funds--necessary to establish fhe status of.th.e:Title to the Land; or b 'obtaining any. document; specifically required by You,,but only .to "the extent that the failure to obtain the..docurnent adversely affects;th:e'status of the Title to the Land"i 0'.f a' d,theft,dishonesty or mis`approp�iation by the Issuing Agent or Please-direct all general correspondence'and"Inquiries-regarding CPLs_fo:" Advocus'National Title Insurance Company FORM 4129 9 zf . . P Q Box 9136 Champaign lII1n015 61826 9136, TOR USE IN;IA IL.IN; �noyocusaREv �?n3j cpl@advocustitle ern 00252;0402 Ladvocus.com Page�,ofs. Approved Attorney in handling Your Funds or documents in connection with the closing, but only to the extent that.the fraud;theft, dishonesty;or misappropriation adversely affects the status of the Title t6ANe Land. CONDITIONS AND EXCLUSIONS 1. Yo.ur transmittal.of Funds or documents to the Issuing Agent or Approved Attorney for the Real Estate-Transaction constitutes Your acceptance 'fthis letter, 2. For purposes of-this,letter: a. ",Comm-itment"means the Company's written contractual agreement to.issue the Policy. b. "Funds-".'means the.money received'by the Issuing Agent--or Approved Attorney for the Real Estate Transaction. c Policy .means the confract or contracts of title insurance, each in a`form.adopted by the American,Land Title Association,. issued or:to be issued by the Cornpany In'connection;wlth th:e.closjng,df the Real Estate Transaction; d. '`Y:ou"or"Your'means the,Addressee of this letter.. e. "Indebtedness;" "in sured"Mortgage," "Knowledge" or"Known,""Land,"and "Title" have the_same meaning given them in the.American Land Title Association.Loan Policy. 3:. The.Company is not liable for any loss-arising from any: a. failure of:the Issuing -Agent or Approved Attorney to comply with Your closing instructions.that require title insurance. protection in connection with,the Real Estate_Transaction inconsistent'with that set forth in the Commitment: Your written closing instructions received and accepted by the tssuing Agent or Approved.Attorney after issuing the.Commitment that require the removal;where allowed by.state.law, rule, or regulauon, of specific Sctiedule B Exceptions:from Coverage o'r com;pllance.with the requirements contained in the Commitment will not be deemed io,require inconsistent title Insurance protection-, b; loss_or Impairmentof Funds In the course of collection or while on deposit,wiith a-bank due:to bank-'failure,=insolvency,.or suspension, except loss,:or impalrmgrit resulting fro, failure of the Issuing Agent`or Approved Attorney to comply"with Your written.closing instructions to_deposit Your Funds In a--ank thAt_You designated by name; c. constitutional-or statutory lien orclaim.of lien that arises from services labor, materials or equipment;if-any Funds are:to be,.'u'sed :for the purpose of construe ion,'alteration,:or-.reno.vatlon; ondition:and Exclusion 3 c does not modify or limit Your_coverage,if:any as to any Iten:,for services;.'lator materials;or equipment In?the:Policy; d. defect, lien, 6 cumb�arice,:adverse claim; or other;matter-in,.connection'with the Real.Estate Transaction. Condition and Exclusion 3.d..does.not modify or limit Your coverag"e.in'the,.Policy e, fraud,theft',dishonesty, misappropriation, ornegligence by You or by Youremp!oyee;agent, attorney,,,or broker; f fraud;theft,dishonesty„or misappropriati- by any,he other than the__Company or Issuing,Agent or Approved:Attorney; g. settl'ement.or•.release.of,any claim by You without_the:Company s written consent; h. matters created, suffered,assumed, agreed to,or Known by-You; i. failure of the Issuing Agent or Approved Attorney .to determine the validity, enforceability; or the effectiveness of.a document required.by Your closing instructions. Condition a_nd Exclusion 3,.i..does not modify oh limit Your coverage in.the _. Policy;.. j, periodic disbursement of Funds to pay for construction, a'Iteration-;orrenovation.on the Land; k. Issuing Agent or Approved Attorney acting in the,capacity of a,.qualified rote rhJ iary or facilitator for tax deferred. .exchange-transactions.as,provided':in Section 1031 'of the Internal Revenue Code, or I. wire.fraud, mail'fraud, telephone fraud, facsimile fraud, unauthorized access to a'computer, network, email, or document production system; business email compromise, identity theft, or diversion of Funds to a person or account not entitled to receive the Funds.Condition and.Exclusion 3 n. does,.not.modify or limit: is Your coverage in the Policy;or H. indemnification in this letter for Your loss.solely.daused by fraud;-theft, dishonesty; or misappropriation.by-the-Issuing Agent or Approved Attorney in handling Your Funds or documents'in connection with the closing; but:only to the extent.that the fraud,theft;dishonesty,or misappropriation adversely.affects the status of the Title to the Land. 4. If the closing is to be conducted by an Approved Attorney, a Commitmentin connection with the Real Estate Transaction must have been received by You prior to the.aransmittal of Your final closing nstructions.to the Approved Attorney. 8., When the.Company Indemnifies You pursuantao this letter,.it is_subrogated,to all rights..and-:-.remedies'Y- heve.-against any person,•entity, or property had You not been indemnified.The Company's liability for indemnification is,reduced to the exte_"nt that:You have.impaired the value of thissubrogation right. .6. The_ "Company's liability for loss-under ihis:lette-r does hbt.exceed the least of: `a. .the`.amount of Your Funds;or b. the amount-stated in-Rip 3:• 7. Payment to You or to the,owner of the Indebtedness under either the, Policy or from.any other.sburce reduces liability under this-letter by the same:amount. Payment in accordance with the:terms.of this.letter constitutes a payment pursuant to.the FORK 4129 8-21 FOR USE IN;[A,Ii-,IN Page 2 of 3 6 AOVOCUS.tREV,12123) a Conditions of the P61icy. B. The.lssuing Agent is the Company s agent only for the limited purp"ose-,of issuing policies: Neither the'Issuing Agent nor the Approved Atto"rney is the Company's-agent.for"the purpose of provlding.cl.osing or settlement services The Company's liability for Your loss arising from closing or settlement services is strictly limited to'the contractual protection expressly provided in this. letter. The Company is,not liable for•loss-,,resul_ting.from .the fraud, theft;dishonesty; misappropriation.,:or. negligence of.any party to the Real Estate,Transaction. 9: The Company-is not liable._for a loss if"th,e written notice,of a claim is not received by the Company,within one.,year eom the -date.of the transmittal of Funds. The condition that the Company must be h'w provided With notice'under Condit do:and_ Exclusion 10 will not be excused by lack-of.prejudice.to the Company.. '10. You must promptlysend written notice (of`a'claim.under this letter-to;the_.Company at.either-_claims@advocustitIe corn- or Advocus National Title Insurance Company, P-.0.. Box 9.136, Champaign; Illinois 61826 1.-9.136,Attention: Claims Department. Phone: 217.403.0015:Email: ICL:claims@advocustitle.com, If the Company is prejudiced, by'Your failure to provide prompt notice;th Company's liability to You under this letter is reduced to.the:extent.of the prejudice.. 11.. When re;gueste.d:by the:Company,-You;at the Company's expense., must: a. give the Company-all-reasonable aid in: i. securing .evidence, .obtaining 'witnesses, prosecuting or defending any ,action or proceeding; or effecting any settlement;and " ii. any other lawful.act that in the opinion of"fhe:Company may be .necessary or desirable to enable .the. Company's investigation and determmatiori offs liability under this letter; b. deliver to'the Company all.records;.:in whatever rriedrum maintained; that"pertain to,.the:Real Estate.Transaction :or any claim underthis letter;and c solimif to.examination under oatti:by'any authorized representative of if%'p Company,with respect to any such records;:ttie _. Real Est ate•Transact ion, any claim underthis letteror any other matter reasonably:deenied re-0 . -t,b y the Company. 1.21 The Company._is not-liable under this°letter if: a.. the Real Estate:Transacton tias no' closed within one year from fhe;Date of this::.letter;:;o b at.any time;after the Date`of thl'V fetter; but:before.the,Peal Estate Transaction closes,'the Company provides written notice 6.10rmmation of this letter to"the Addressee at the address,.set forth'above. 13 The:protecbon of this letter extends onlq to real estate in'lllinois;;lndiana,and'Iowa; and.a-ny courtor artifrator;must apply,the law:of that state to interpiet_and.enforce the terms ofthis letter.The court or arbitrator must=notIapplyconflicts of law.princ.iples fo determine`tfie applicable.law:..Any litigation.or other proceedirfig,under'this letter must be filed:ohly in astate or.federal:court ,within'tt a United States:of America or its territories having:junsdiction., 14_., fihere is no pig Kt for any-blaim under this:'aetfer to be'arb arbitrated or lit ated``on a class actI n.biasis: 15. ;Either the Company or You may demand:that any-claim.arising under this letter be submitted to arbitration pursuant,to the Title Insurance Arbitration Rules of the American:Land Title Association; unless. You have-.a Policy for_the Real Estate,Transaction with an Amount.of Insurance greater than $2,000',OOO..If'Yo0 have a Policy for the'Real Estate Transaction with an Amount of- Insurance greater than$2;000;000, a claim arising Under-this letter may be submitted to arbitration only when agreed-to .both the;Company:and You: If',the Real Estate:Transaction solely involves a 'one to=four family residence and You.are the. purchaser or bor�oWer,�the Companywill paythe costs ofarbitration. it. For Real,Estate Transactions involving Land.located in Illinois, nothing;-herein shall apply to the authority of a title insurance company and title insurance agent to-etas an escrow agent under subsection:(g)of-Section 17 of 2.151LGS 155l17... Tfiis letter supersedes..and cancelsany previous letter or similar agreement for closing protection that,5 plies to the Real Estate Transaction'and may-not be modified bythe.Issuing Agent or Approved Attorney.; Advocus National Title Insurance Company- Peter J:BlrnbadR P.resi lent,and Clilef_Ezecutive.Officer F,ORN,4129•B 21, `FOR.USE IN:IA,IL,IN ©A&OCUS(REV.42/23) Page;3 b1,3, AdvocL1.1sr, National Title Insurance Company Commitment No.230011506291 ALTA.COMMITMENT FOR TITLE INMORAN.CE American Land Title Association.Committnent ioFTitle Insurance-adopted July 1,2021 Issued:by ADVOCUS NATIONAL TITLE INSURANCE COMPANY NOTICE. IMPORTANT—READ CAREFULLY: THIS COMMITMENT IS AN OFFER TO ISSUE;ONE OR MORE TITLE INSURANCE POLICIES. ALL CLAIMS.OR REMEDIES:SOUGHT AGAINST THE COMPANY INVOLVING�THE CONTENT:OF THIS COMMITMENT OR.THE. POLICY MUST BE BASED SOLELY IN CONTRACT: THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION.OF TITLE;LEGAL OPINION,OPINION.OF TITLE, OR :OTHER REPRESENTATION .OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE COMPANY TO DETERMINE: INSURABILITY OF THE TITLE,.INCLUDING ANY SEARCH AND EXAMINATION, ARE:PROPRIETARY TO THE COMPANY; WERE PERFORMED SOLELY FOR THE BENEFIT OF THE.COMPANY;.AND CREATE.NO:EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUD..ING.A PROPOSED.INSURED. THE COMPANY'S OBLIGATION UNDER.THIS fCOMMITMENT IS TO ISSUE.A POLICY TO:A PROPOSED INSURED IDENTIFIED:IN. SCHEDULE A IN ACCORDANCE' .WITH THE. TERMS AND PROVISIONS OF THIS COMMITMENT. THE COMPANY HAS.NO LIABILITY OK OBLIGATION INVOLVING THE CONTENT"OF THIS COMMITMENT'TO ANY OTHER PERSON; COMMITMENT TO:ISSUE`,POLICY Subject to.the Notice Schedule B; Part 1—Requirements;Schedule B Part ll Exeept�ons;.and.the Commitm'ent..Conditions Advocus National Title insurance Company,_an Illinois corporation (the'`Gompariy"), commits to. issue:the Pol)cyaccording to_ihe'terms and provisions of this Commitment; T%his.Commitment is.effective as of the:Commitment;Date shown in Schedule:.A for each Policy described in Schedule.A, only.when the Company has.entered in :Schedule:A both`the specified. dollar:amount:as the Proposed Amolint:of Insurance and.:the name o 4W Proposed Insured.. if,all.of the:Schedule B, Part I—Requirements have hot: ot been met within,sox .months after the.Commitment Date,this Commitment terminates and the:Company's liability and obligation end. ^.Aiivocus Notional Titie Insurance Company P.eter.J."Blrnbauth Presldent and Chief E)iectitive officer COMMITMENT CONDITIONS 1. DEFINITIONS "Discriminatory Covenant": Any covenant; condition, restriction, or limitation that is unenforceable. under applicable law because.it.illegally&PArninates against a class'bf individuals based on personal choIracteristics'such as race,color, religion, sex, sexual orientation, gender'identity,familial status, disability, national origin, or other legally protected class. b. "Knowledge" or "Known": Actual knowledge or actual notice, but not.constructive'notice imparted by the Public Records. C. "Land": The land described in Item 5 of Schedule A and improvements located on that land that by State law constitute real property. The term "Land" does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street; road, avenue, alley, lane, right-of:way, body of This page is only a part of a 2021 ALTA®Commitment for Title Insurance. This Commitment is not Valid without the Notice;the Commitment to Issue Policy`the Commitment Conditions Schedule A;Schedule A Part I-Requirements;Schedule B; Part II—Exceptions;and a counter-signature by the Company or its issuing agent that may be in electronic form. FORM I..;21 m 40VOCU .. (REV.4/23)' Page 1,of 3 water,or waterway, but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. d. "Mortgage":A mortgage,deed,of trust; trust.deed, security deed,or other real property security instrument, including one evidenced by electronic means authorized by law. e. "Policy": Each.contract of title insurance, in a form-adopted"by the:American:Land Title:Association, "issued or to be issued by the Company pursuant to this Commitment. f. "Proposed Amount of Insurance":Each dollar amount.specified in Schedule:A as the Proposed Amount of Insurance of each Policy to be issued pursuant.to this Commitment, R. "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to.be issued: pursuant to this Commitment. h. "Public Records": The recording.or filing system established under State statutes in effect at the Commitment Date under which:a:document must be recorded or:fled to impart:constructive notice.of matters relating fo the Title to a purchaser for value without Knowledge.. The term,"Public Records".does not:include.any other recording or fling. system, including any pertaining to environmental-rernediation or protection,.planning, permitting,zoning, licensing, building,health,public safety,or national security matters. i. "State":The.state or commonwealth of the United.States within whose exterior boundaries the Land is located.The term "State"also includes the District of Columbia, the Commonwealth of Puerto:Rico, the U.S. Virgin Islands; and Guam. j. -"Title",.The.estate or interest'in the Land identifies in Item 3 of Schedule A. 2. If all of the Schedule B, Part!—Requirements have.noY.tieen met within the... period.specified in th% Commitment to Issue: Policy,this Commitmenttermiriatesandthe:Company's liability-and.obligation.end. 3. The.Company%liability and obligation is limited,by and this Coriimitment is;ri it.valid Without:, E a: the.Notce;. b. the Commitment to Issue Policy; C. the Commitment C.oriditions d. Schedule A; }� es Schedule B,Part.1-Requirements; f f. Schedule B,Part 11=Exceptions;and } g. a counter-signature by the Company or its'issuing agent that maybe in electronic form. 4: THE COMPANY'S RIGHT.TO AMEND The Company may amend this.Conlr.hitment.it any time.If the Company amends this Commitment to add a defect, lien; encumbrance adverse claim,or other matter recorded in the Public Records prior to`the Commitment Date, any liability of the t. Company is limited by Commitment Condition 5.The Company.is:not liable for•anyother amendmerit to this:Commitment, 5. LIMITATIONS OF LIABILITY I a. The.Company's Iiability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred t in.the interval between the Company's delivery to the Propo"sed Insured of.the Commitment and the delivery of:the ? amended Commitment, resulting from the Proposed Insured's good faith reliance to;- I. comply with the Schedule B,.Part I—Requirements; 6 !i. eliminate,with the Company's written consent,ahy Schedule B, Part I—Exceptions;or � lii. acquire the Title or create.the Mortgage covered by this Commitment. b. The Company is not,liable under Commitment Condition.5.a. if the Proposed Insured requested.the amendment.or had Knowledge of the matter and did not notify the Company about it in writing. C. The Company is only liable under'Commitment Condition 4 if the.Proposed Insured would not have incurred the j expense had the Commitment included the added matter when the Commitment was.first delivered to the Proposed Insured. i d. The Company's liability does not exceed the lesser of the Proposed Insured's actual expense incurred in good faith and described in Commitment Condition 5.a.or the Proposed Amount of Insurance. i,. t This page is only a part:of a 2021 ALTAO Commitment for Title.Insurance. This Commitment is not valid without the Notice;the Commitment to'lssu.e Policy,,the Commitment Conditions;Schedule A;Schedule B, Part I—Requirements;Schedule B, Part II—Exceptions;and a counter-signature by the Company or its issuing.agent that maybe inelectronic form. FORM 1000-21 (DADVOCUS(REV.4/23) Page 2of 3 a e. The Company is not liable for the content of the Transaction identification Data,if any. f. The Company is not obligated to issue the Policy referred to in this Commitment unless all.of the Schedule B, Part I—Requirements have been met to the satisfaction of the Company. .g. The Company's liability is further limited by the terms.and provisions of the Policy to be issued to the Proposed Insured. 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT;CHOICE OF LAW AND CHOICE OF FORUM a. Only a Proposed Insured identified in S.chedule.A,and no other person,may:make a claim under this Commitment: b. Any claim must be based in contract under the State law of the State.where the Land is located and is restricted to the terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the Company must be filed only in a.State or federal.court having jurisdiction. C. This Commitment,.as last revised, is the exclusive and entire agreement:between the parties with respect to the subject' matter of this Commitment..and supersedes all' prior commitment negotiations; representations,. and proposals of any kind,whether written or oral,express or implied;.relating to the subject matter of this Commitment. d. The deletion or modification of any Schedule B, Part II—Exception does not constitute an'agreement or obligation to provide.coverage beyond the terms and provisions of this Commitment or the Policy. e. Any amendment or.endorsement to this Commitment must be in writing and authenticated by a person authorized by the.Company. , Jr. When the Policy is issued, all liability and obligation Under this Commitment will end and.the Company's only liability will be under the Policy. i T. IF THIS COMMITMENT IS:ISSUED BY AN ISSUING AGENT s The issuing agent is the Company's agent only for'the.limited purpose,of issuing title insurance:comrhitments and policies.. The issuing agent.is not the Company's.agentforclosing,settlement;escrow;or any other purpose. 8*.. PRO-FORMA POLICY The Company may provide, at.the request of a.Proposed Insured a pro.forma policy illustrating the :coverage that the i Company.may;provide A..pro forma poi). neither-reflects. status.of.Title at the time.that the pro forma policy is delivered f to a Proposed Insured,nor is ifa corrimitm.entto insure. i 9. CLAIMS PROCEDURES This Commitment incorporates by reference•all Conditions for making a, claim in,the Policy to be. issued to the Proposed: j Insured.Comm4mentCondition 9 does'not modify.the limitations of liability in Commitment.Conditions 5 and 6. I 10. CLASS ACTION I F r ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR 4 OTHER MATTER IN CONNECTION:WITH:ISSUING THIS COMMITMENT,.ANY BREACH OF A COMMITMENT PROVISION; OR ANY OTHER;CLAIM OR DISPUTE ARISING OUT OF OR.RELATING,TO THE TRANSACTION GIVING RISE TO THIS; COMMITMENT, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY, NO PARTY MAY SERVE AS PLAINTIFF'; CLASS MEMBER, OR PARTICIPANT IN ANY CLASS OR REPRESENTATIVE.PROCEEDING.ANY POLICY:ISSUED PURSUANT i TO THIS COMMITMENT WILL CONTAIN A CLASS ACTION CONDITION, I1. ARBITRATION ? The Policy contains an:arbitration clause.All arbitrable matters when the Proposed Amount of Insurance is.$2,000;000 or less may be arbitrated at the election of either the Company or the Proposed Insured as the exclusive remedy of the parties.A Proposed Insured may review a copy of the arbitration rules at www.alta.org/arbitration. f i I f i I t i This page is only apart of a 2021 ALTAI"Commitment for Title Insurance. This Commitment is.not valid without the Notice;the Commitment to.Issue y Policy;the Commitment Conditions;Schedule A;Schedule B, Part I-Requirements;Schedule B,Part II-Exceptions;and a counter-signature by the {Company or its issuing agent that may be in electronic form. FORM 100041 0 ADVOCUS(REV.423) Page 3 of 3 Advocus National Title Insurance Company Transaction Identification Data,for which the Company assumes no liability asset forth in Commitment Condition 5.e.c Commitment Number: 236011505291 Issuing Agent: Froehling,Weber&Schell, LLP Issuing Office's ALTA°Registry ID: 1114908 Issuing Office File Number:. NAS Property Address: 1.55 S.2nd Avenue Canton,IL 61520 COMMITMENT FORM - SCHEDULE A 1. Commitment Date: December 20,2023 at 10:00 am 2. Polic to be issued: a, I � 1202.1 ALTA Owner's Policy Proposed.lnsured: B&B Canton Properties,LLC,an Illinois limited liability company Proposed Amount of Insurance: $40;000.00 b. 2021 ALTA Loan Policy. Proposed Insured:. Proposed:Arnount of Insurance: $0,00 3.. The estate or interest.in the Land.at the Commitment Date is Fee Simple. .4. The Title is,at the Commitment Date,vested in' .City of Canton,an-Illinois municipality 5. `The Land is described as follows: i f The East Half of Lot 71;the East Half of Lot 72;the East.Half of Lot 73;the South 37 feet of the West Half of.Lot 73;and Lot74'; all in Jones Second Addition to the City of Canton,situated in he County of Fulton and State of Illinois. The above described.parcel does not include any portion of adjoining Second Avenue which was vacated per City of Canton Ordinance 146,approved and signed by Mayor Paul Woods on December 18, 1951,and recorded June 22,.1976 as Document , No.76-48046 in Book 825, Pages 408-410,be1hg`the easterly seventeen(17)feet.wide stdp.of said Second Avenue,and, t Ordinance 563,approved and signed by Mayor Robert Jennings on September 21, 1.976,being the remaining forty-nine(40)feet wide.strip of Second.Avenue.This forty-nine(49)feet wide.strip portion of Second Avenue i.s Currently and shall remain property of the City of Canton. i i This page is only a part of a 2021 ALTAR'Commitment for Title Insurance. This Commitment is not valid without the Notice;the Commitment to Issue Policy;the Commitment Conditions;Schedule.A;Schedule B,.Part 1—Requirements;Schedule B,Part 11—Exceptions;and a counter signature by the Company or its issuing agent that may be in electronic form. Issued By: Froehling,Weber&Schell, LLP 167 West Elm Street Canton,IL 61520 i (300)647-6317 115 Agent No: SjQjnature 00 A Ent or A thorized Signatory t FORM 1001-21 ®ADVOCUS(REV.4123) Page 1 011 f _ t 4 Advac►s National Title Insurance Company- COMMITMENT FORM — SCHEDULE D Commitment No.:230011505291 Commitment Date: December 20,2023 at 10:00 am State Issued: IL File Name: NAS. PART Requirements All of the following Requirements must be met: 1. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who,will obtain an interest in the Land.or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. 2. Pay the agreed amount for the estate or interest to be insured. 3. Pay the premiums,fees,and charges for the Policy. 4. Documents satisfactory to the Company that convey the 'title or create the Mortgage to be insured, or both, must be properly authorized,executed,delivered,and recorded in the Public Records. 5. The following additional requirements must be satisfied at or prior to the closing: l a. The borrower and seller must bring a valid.govemment issued photo.ID bearing their signature to the closing. b. Each seller must provide a.valid forwarding address and social security number lobe submitted to the IRS.for 1099. purposes. c. Payoff letters must be current and not,subject to additional terms:We reserve the right to verify payoff figures prior.to disbursement.Any additional funds required 1o' satisfy a lien in full must be deposited by the parties involved immediately: d. Alffunds brought to closing must be in the form of wire transfer;cerlified check,o -cashier's check. 6. If the Property is Commercial and Extended:C.overage over.the five General Exceptions is requested, the Company.should be furnished with:the following: a. A current ALTA%NSPS or Illinois Land Title Survey.Certified to Attorneys'Title Guaranty Fund, Inc.; I b. A Properly executed ALTA Statement; Matters disclosed by the above documentation will be shown.specifcally on Schedule B. NOTE:There will be an additional charge for this coverage. j 7. The Good Funds provision of the Illinois Title Insurance Act (21.5 ILLS. 1.55/26) became effective January 1, .2010. This law imposes stricter rules on the type of funds that can be accepted for real estate closings and requires wired funds in many i circumstances.Contact your settlement agent to confirm the type of funds:that are required for your transaction, S. Per Illinois law, for closings on or after January 1, 2011,. the Company Will issue Closing Protection Letters to the parties to the transaction if it closed by the Company or its approved title insurance agent. i 9. If you are a lender, your Company Closing Protection Letter Will be valid only if you receive it in one of the following two ways,(1) as an email from the domain"@advocustitle.com"or(2)as a fax from fax number 312.372.9509 or 217.403.7401. i This page is only a part of a 2021 ALTAO"Commitment for Title Insurance, This Commitment is not valid without the Notice,the Commitment to Issue Policy, the Commitment Conditions;Schedule A;Schedule.B, Part I—Requirements;Schedule B, Part II-Exceptions;and a counter-signature by the Company or its issuing agent that may be in electronic form. Issued By. Froehling,Weber&Schell,LLP 167 West Elm Street Canton,IL 61520 4 to l (309)647-6317 115. Agent No. Signature of t or Authorized Signatory FORM 1002-21 i O ADVOCUS(REV.4123) Page 1 of 3 f � E l f: PART II Exceptions Some historical land records contain Discriminatory Covenants that are illegal and unenforceable bylaw. This.Commitment and the Policy treat any Discriminatory Covenant in a document referenced in'Schedule:B as if each Discriminatory Covenant is redacted, repudiated, removed,and not republished or recirculated. Only the remaining provisions.of the document will be excepted from coverage. The Policy will not insure against loss or damage resulting from the :te.rms and conditions of any lease or easement identified in Schedule A,and will include the following Exceptions unless cleared to the satisfaction of the.Company:: Standard Exceptions 1. Rights or claims of parties in possession not shown by the Public Records. 2: Any encumbrance, violation, variation, adverse circumstance, boundary line overlap, or encroachment that would be disclosed by an inspection or an accurate and complete land title survey of the Land. 3. Easements,or claims of easements,not shown by the Public Records. 4. Any lien, or right to a lien,for services, labor, material, or equipment heretofore or hereafter furnished, imposed by law, and not shown by the Public Records;and 5. Taxes or special assessments that are not shown as existing liens by the Public Records. Special Exceptions 1. Defects,liens,encumbrances, adverse claims,or other matters,if any,created,first appearing in the Public.Records,or attaching. subseauent to.the Commitment Date hereof but prior to the"date the proposed Insured acquires for value of record the estate or I interest or mortgage fhereon:covered by this Commitment. I 2. Any Loan Policy issued pursuant to this Commitment will be subject to the following exceptions(a):and(b), in the absence of the production of the data and other matters contained in the ALTA Statement for m.or an equivalent form: A. Any lien, or right to a lien,for services, labor, material, or equipment heretofore or'hereafter furnished, imposed by law,and riot'shown by the Public Records; b. Consequences of the failure of the lender to pay.out properly:the whole or any part of the loan secured by the mortgage described in Schedule A, as affecting:(1)the validity of the lien'of said mortgage and(li)the priority.of the lien over any other i right claim, lien, or encumbrance that has.or may become superior to the lien of said mortgage before the disbursement of the entire proceeds of the loan. 3. The lien of taxes assessed for the year 2023 and thereafter: i There were no 2022 taxes assessed.. Taxes:for the year 2023 are not yet due and payable. l Permanent Index No.09-08-27-440-002;09-08-27-440-004;09-08.-27-440-005;09-08-27-440-007;09-08-27-4407008;09- 08-2.7-440-009;09-08-27-440-010;09-08-27-440-011. i 4. An unrecorded Sales Contract dated December;2023,wherein City of Canton is Seller,and B&B Canton Properties,LLC,is Buyer,and any persons claiming through or under them. j 5. City of Canton Ordinance No. 146,dated December 18, 1951,.and recorded June 22, 1976,as Document No.7648046, in Book 825 at Page 408. 6. Subject to all covenants,conditions,easements and restrictions of record. i 7. Rights of way for drainage tiles,ditches,feeders and laterals. 8. Easements or claims of easements,not shown by the public records. 9. Rights of the public, State of Illinois,and the municipality in and to that part of the premises in question taken, used or dedicated for`roads or highways. 10. Encroachments, overlaps,boundary line disputes,and any matters which would be disclosed by an accurate survey and inspection of the property. i This page is only a part of.a 2021 ALTAr"Commitment for Title Insurance. This Commitment is not valid without.the Notice;the Commitment to Issue Policy,-the Commitment Conditions,Schedule A;Schedule B, Part I—Requirements;Schedule B,Part 11=Exceptions;and a c nter-signature by'the Company or its issuing agent that may be in electronic form. 6 FORM 1002-21 l f @ADVOCU$(REV,4/23) l �e 11. Filings and recordings under the Uniform Commercial Code. 12. Easements for public and quasi-public utilities over,across and under the property,if any. 13. Zoning and/or restrictions and prohibitions imposed by governmental authority. End of Schedule B i I i C 1 1 F z i I i This page is only a part of a 2021 ALTA°Commitment for Title Insurance. This Commitment is not valid without the Notice;the Commitment to Issue ! Policy;the Commitment Conditions;Schedule A;Schedule B, Part I—Requirements;Schedule B, Part II—Exceptions;and a countersi nature by the Company or its issuing agent that maybe in electronic form. FORM 1002�CUS( ADVOCUS(REV.4123) Page 3 of 3 C+ E ( — G Advocus National `title Insurance Company- and Affiliated Companies PRIVACY POLICY NOTICE This Notice sets forth the privacy policies and practices of Advocus National Title Insurance Company(Advocus TM) and its affiliated companies,Advocus Title Agency, CLC,ATG Trust.Company; NLT Title,and The Judicial Sales Corporation.This Notice identifies the sources of nonpublic; personal information we collect regarding our customers, and specifies what measures we take to secure that information. The words"you"and"your.mean all of our consumer customers who have a business relationship with us,such as: Insureds under Advocus title insurance policies; ° Parties to real estate transactions; ° Persons with a trust account;and ° Borrowers who have a loan account or who have applied for a loan. i "We,""our;"and"us"mean Advocus and its affiliated companies listed above. } "Nonpublic personal information" means information about you that we collect in connection with providing a financial product or service to you. Non=public personal information does not include information that is available from public.sources, such as telephone l directories or government records. : i An "affiliate" is a company we own or control, a company that owns or controls us,or a company that is owned or controlled by the same company that owns.or controls us.Ownership does not mean complete ownership, but means owning a sufficient share to have control.. A".nonaffiliated third.party":is a company that is not an affiliate of ours. I 1 THE INFORMATION WE COLLECT We.collect nonpublic, personal.informationi about you from the following sources:- Information we receive from you on title insurance applications or other forms associated with your transaction with us; t Information from a consumer reporting agency; i f e Miscellaneous information about your transaction that becomes part of our file on your transaction with us;and a Information about your transactions with nonaffiliated third parties. A We do not disclose any nonpublic, personal information about you to anyone,except as authorized by taw. k i i THE CONFIDENTIALITY,SECURITY;AND INTEGRITY f OF YOUR NONPUBLIC PERSONAL INFORMATION We restrict access to nonpublic, personal information about you to only those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to protect your nonpublic personal information from unauthorized use. NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES You have entrusted us with important personal information about you,and we will not disclose your nonpublic,personal information to nonaffiliated third parties,except as permitted by law. NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS We do not disclose nonpublic, personal information about former customers,except as permitted by law. s� r t FORM:3037 ®ADVOCUS(REV.4/23) i z