Loading...
HomeMy WebLinkAboutA007 - Title Opinion GROVE LAW OFFICE ATTORNEY AT LAW 516 LINCOLN WAY AMES, IOWA 50010 LAD GROVE TELEPHONE: 515 - 232-8579 November 12 , 1980 Cyclone Realty Company and Built Rite Homes, Inc. 1505 Little Bluestem Court Ames, IA 50010 To Whom It May Concern: This is to certify that I am an attorney at law duly admitted to practice in the State of Iowa and located in Ames, Iowa; that I have examined the abstract of title certified to by the Cyclone Abstract & Title Company, Ames, Iowa, from the root of title down to and including the 12th day of November, 1980 and dealing with title to the following described real estate : See attached Exhibit "A" attached hereto and made a part hereof containing the correct legal description. TITLE Based upon my examination of the abstract, I am of the opinion that merchantable title in fee simple and free from material objections is in Cyclone Realty Company and Built Rite Homes, Inc. , subject to easements of record and which real estate is to be known as Blueridge Plat I. EXCEPTIONS 1. It is shown that this property is subject to a mortgage in favor of Des Moines Savings and Loan Association, recorded in Book 162 on Page 67 and in Book 182, page 18. 2 . It is shown that this property is subject to city zoning ordinances as "R-2" residential. Respectfully yours, LAD GROVE Attorney at Law I�^ LG:mb BOOK , PAGE 3 EXHIBIT "A" Legal description to Blueridge Plat I (a replat of Lot 26 Gateway Hills) Ames, Story County, Iowa. That portion of Lot 26 in the official Plat "The Gateway Hills" , in the City of Ames, Story County, Iowa described as follows : Commencing at the NE corner of Lot 26 ; thence South 308 . 21 feet along the East side of said Lot 26 on a curve concave to the SW through a central angle of 23*42149" to the Point of Beginning; thence South 54 . 59 feet along the Easterly line of Lot 26 on a curve concave to the SW through a central angle of 4011157" to a P.T. of a tangent curve having a radius of 744 . 87 feet; thence South 8019147" E. , 179. 81 feet along the Easterly line of Lot 26 to P.C. of a tangent curve having a radius of 343 . 04 feet; thence South 14 . 84 feet along a curve concave to the East through a central angle of 2*28143" to the NW corner of the intersection of Mortensen Parkway and Little Bluestem Court; thence Westerly 375 . 17 feet along a curve concave to the NE having a radius of 370 . 00 feet through a central angle of 58005145" to a P.T. , said curve being the North side of Little Bluestem Court; thence Northerly 75. 09 feet along a curve with a radius of 50. 00 feet concave to the East to a P.T./P.C. ; thence Northerly 18 . 71 feet along a curve concave to the NW having a radius of 178. 24 feet; thence N 75000 ' E. , 116 . 57 feet to a point (set with a 5/8" rebar and cap 45931) ; thence S 15000 ' E. , 9. 0 feet to a point (set with a 5/8" rebar and cap #5931) thence N 75000" E. , 193. 22 feet to the Point of Beginning. (P.O.B. ) SWK PAGE