EFTA01268664.pdf

From: Steve Marshal To: IhthalCaeEnat Subject: Re: Overview of the title to Date: Wednesday, November 27, 2019 1:51:33 PM Attachments: imaae0014pg Thank you for this I will review all and see if i have any questions Happy Thanksgiving On Wed, 27 Nov 2019 at 11:06, Theodore Prizi > wrote: Good morning, Steve, I am writing to you with an overview of the title to Pursuant to Paragraph 15 of the Purchase and Sale Agreement, you have 10 days from the effective date of the P&S to notify the Seller if you are not satisfied with the review of easements, covenants and restrictions of record. In this case, there were no issues revealed by the title search which could present an impediment to marketability or insurability. I have included some documents for your information and records: 1. The current property card from the town. 2. The current deed conveying the property from Donald A. Jackson and Juanita W. Jackson, dated December 14, 2017 and recorded in the Merrimack County Registry of Deeds at Book 3580, Page 2552. This deed refers to lots on a plan numbered Plan 3. The plan recorded as Plan 4. A file showing a portion of the relevant tax map. 5. A notice showing Current Use Taxation in the name of Robert C. Hayes, recorded on July 30, 1980, in the Merrimack County Registry of Deeds at Book 1375, Page 730; 6. An approved Application for Current Use Taxation in the name of Donald Jackson, dated October 19, 1992, and recorded in the Merrimack County Registry of Deeds at Book 1898, Page 122. Pursuant to our search of the records in the Registry of Deeds, and information provided by the Town of Bradford, a portion of the property is currently subject to "Current Use Taxation." Current Use Taxation typically reduces the amount of property taxes owed to the town. In return, the land owner is restricted from subdividing or improving the land "in current use." In the event the property is improved or subdivided, the Town of Bradford may require that a portion or the entirety of the property be removed from current use. Further, if at any time the property is taken out of current use, the Town ofBradford may assess a penalty in the form of an additional property tax. SONY_GM_00012817 CONFIDENTIAL EFTA_00123460 EFTA01268664 Please also note that the title examination and this title overview do not address matters which would be revealed by a new plot plan or survey of the premises, nor does it include a review of zoning records not recorded in the Registry of Deeds. If you would like to discuss any aspect of this search in further detail or have questions about title to the property, please do not hesitate to email me back suggesting a good time for us to speak. Thank you! Ted Regards, Theodore P. Prizio Attorney at Law-Licensed in NH & MA Real Estate Title & Legal www.hudkinslaw.com adamage001.jpg®01D59F24.97A2B700 Celebrating 13 Years of Service Locations: Bedford, NH — Concord, NH — Hampton, NH — Keene, NH — New London, NH — Windham, NH — Norwich, VT — Andover, MA Mailing Address For All Correspondence: P.O. BOX 800, New London, NH 03257 FRAUD ALERT: DO NOT WIRE FUNDS unless you have called ourfirm to verify wire instructions. Even if an email appears as if it was generated by thisfirm or a party to your transaction, CALL US at 603-434-1770 to verify the information before transmitting your funds. This email message is intended only for the named recipients. It may contain confidential information that is privileged or that constitutes attorney work product. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this email and any attachments is not authorized and is strictly prohibited. If you have received this email in error, please notify the sender by replying to this email and delete the SDNY_GM_00012818 CONFIDENTIAL EFTA_00123461 EFTA01268665 message and any attachments from your system. SDNY_GM_00012819 CONFIDENTIAL EFTA 00123462 EFTA01268666