General Title Affidavit

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General Title Affidavit

GENERAL TITLE AFFIDAVIT

State of New York } County of: } ss:

(Deponent) being duly sworn, deposes and says:

1. That I am the Grantor in that certain Deed bearing even date herewith Conveying premises known as (Premises address - street, city, state, zip) to (Grantee).

2. There are presently tenants in said premises. Each of said tenants either (a) is in possession under a lease containing a standard subordination clause fully and unconditionally subordinating said lease to all existing and future mortgages, or (b) is a statutory tenant. All persons in possession are in possession pursuant to written leases as tenants only. There are no options to purchase or rights of first refusal either pursuant to written leases or by separate agreements.

3. There are/ are no street vaults adjoining or in front of said premises.

4. No work has been done upon the above premises by the City of New York nor has any demand been made by the City of New York for any such work that may result in charges by the New York City Department of Rent and Housing Maintenance, Emergency Services or charges by the New York City Department of Environmental Protection for water tap closings or any related work.

5. No inspection fees, permit fees, elevator(s), sign, boiler or other charges have been levied, charged, created or incurred that may become tax or other liens pursuant to Section 26-128 (formerly Section 643a-14.0) of the Administrative Code of the City of New York, as amended by Local Laws 10 of 1981 and 25 of 1984, and Section 26-4029.1 of the Administrative Code of the City of New York as amended by L.L. 43 (1988) or any other section of law. I (we) agree to indemnify EASTERN ABSTRACT CORP. ("Eastern") for any loss, cost or damage resulting from any unpaid fee or charge claimed by the Department of Buildings or the Fire Department entered in the records of the City Collector after the date of closing.

6. That the Judgments, Federal Tax Liens, Parking Violation Judgments, Environmental Control Board Liens, Environmental Control Board Fire Liens, State and City Tax Warrants, or other liens, if any, returned in the above captioned report of title are not against your deponent but are against someone of the same or similar name, and that your deponent has never resided at or done business at or maintained an office at any of the addresses listed therein.

EASTERN ABSTRACT CORP. 2500 WILLIAMSBRIDGE ROAD ● BRONX, NY 10469 ● 718/ 654.2000 – PHONE ● 718/654.2221 – FAX 1 7. That there has been no work performed by any agency of the City of New York to cure problems under The New York City Hazardous Substances Emergency Response Law, nor can any lien be incurred pursuant to the aforementioned statute. The undersigned agrees to indemnify Eastern from any loss, cost or damage, for any lien incurred up to date of this affidavit, whether filed or unfiled.

8. That your deponent has not been known by any other names, married or single, during the past ten years except:

9. That there are no Judgments, Federal Tax Liens, Parking Violation Judgments, Environmental Control Board Liens, Environmental Control Fire Liens, Transit Adjudication Liens, or any other liens against your deponent in any jurisdiction.

10. That I have continuously resided in/ owned said premises since .

11. That your deponent is the same person(s) who acquired title to the premises for a good and valuable consideration from by deed dated and recorded in the office of the Register/County Clerk of County on in Reel at page . My immediate grantor(s) of said premises owned the same since , as will be disclosed by the records.

12. My ownership and possession has been uninterrupted and continuous; open and notorious; and hostile and adverse to all others and exclusive of the right or claim of any person or corporation; and title has never been questioned. No person or corporation has ever made any claim whereby our possession or ownership might be called in question or by reason of which any claim to any part of said premises or any interest therein adverse to us might be set up.

13. The buildings and fences on said premises as shown on the survey made by dated have been maintained in the same position and manner as they are shown on said survey; Physical Inspection dated shows: ; no garage or other structures has been erected upon said premises and no additions to or changes in the exterior of the buildings and fences have been made during deponent’s ownership except that:

14. I am aware of the payoff letter(s) from ______, dated ______and ______, dated ______showing the prior principal balance, unpaid interest and per diem charges, and any other fees or charges required to satisfy the existing mortgage(s) and that the same is/are correct in all respects.

EASTERN ABSTRACT CORP. 2500 WILLIAMSBRIDGE ROAD ● BRONX, NY 10469 ● 718/ 654.2000 – PHONE ● 718/654.2221 – FAX 2 In consideration of your omitting the existing mortgage(s) from the title policy number , I hereby request you to fully pay off the existing mortgage(s), to be transmitted promptly to the holder of the mortgage(s) in satisfaction of my existing mortgage indebtedness, and do hereby agree to pay you, on demand, any additional monies required by the holder of said mortgage to enable you to obtain a satisfaction thereof in recordable form. I further state that the lender has the right to deduct any shortages from the tax escrow account. If the mortgage(s) being paid off is/ are an equity source/ credit line mortgage, I/we hereby consent to have the account frozen, and request that the holder of the mortgage(s) accept the payoff check as full settlement and close the account upon receipt of the proper payoff amount and issue a satisfaction(s) of mortgage within the required time period.

15. That no additional mortgages have been made by the certified owners which encumber the subject premises.

16 The undersigned agrees to indemnify Eastern for any loss, cost or damage, for any unpaid vault charge(s) which have been or may be levied by The City of New York.

That I/we make this affidavit to induce Eastern Abstract Corp. to insure title free and clear of the aforesaid.

______(name)

______(name)

Sworn to before me this day of ,

______Notary Public

Title Number: Subject Premises:

EASTERN ABSTRACT CORP. 2500 WILLIAMSBRIDGE ROAD ● BRONX, NY 10469 ● 718/ 654.2000 – PHONE ● 718/654.2221 – FAX 3

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