Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / title-commitment-review-memo.docx
title-commitment-review-memo.docx
Parties
Harkness LLP
Pellegrino Capital Group LLC
PCG Delray Hotel LLC
Saltaire Hospitality Holdings LLC
Seaview National Lending Corp
Blaine LLP
Braddock Reeves LLP
Existing Seaview National Lending Corp
Dates
July 28, 2025
July 7, 2025
August 7, 2025
August 22, 2025
September 15, 2025
August 21, 2025
July 14, 2025
July 17, 2025
August 15, 2025
December 4, 2020
Amounts
$35,000,000.00
$16,800,000.00
$14,350,000.00
$24,500,000.00
$8,600,000.00
$28,000.00
$22,400,000.00
$31,000,000.00
$0.70
$100.00
Obligations
This existing mortgage lien must be satisfied and released of record at closing as a condition to the Buyer receiving clear and insurable fee-simple title
Any variance between the insured name and the grantee name in the deed could create coverage issues and must be avoided
The commitment's legal description must be verified against the ALTA/NSPS Land Title Survey that has been ordered from Crestline Surveying & Mapping, Inc
TITLE COMMITMENT — SCHEDULE B-I (REQUIREMENTS) Schedule B-I of the title commitment sets forth the requirements that must be satisfied as conditions to the issuance of the Owner's Policy and the Loan Policy at closing
A payoff letter must be obtained from Seaview National Lending Corp
The recorded satisfaction of mortgage must be delivered at or promptly after closing