HomeMy WebLinkAboutA006 - Attorney's Title Opinion dated September 24, 1999 LAW OFFICES OF
SINGER, PASLEY, HOLM, TIMMONS, MATHISON & CURT IS, L.L.P.
323 SIXTH STREET
C.A.-PASLEY
P.O.BOX 664 W.A.SINGER S.A.HOLM AMES, IOWA 50010-0664 RETIRED
JOHN L.TIMMONS
JANE M.MATHISON TELEPHONE: (515) 232-4732 R.G.PASLEY
LARRY R.CURTIS FAX: (515) 232-4756 RETIRED
JASON P. IIAPPEL
September 24 , 1999
MECA, L.L.C.
% Ev Cochrane & Associates, Inc .
207 Stanton
Ames, IA 50014
Dear Mr. Cochrane :
At your request I have examined the abstract of title to the
following described real estate, to-wit :
A Replat of Parcel "A" in Lot Thirteen (13) , Block One
(1) , Beardshear' s Addition, as shown on the "Plat of
Survey" filed in the office of the Recorder of Story
County, Iowa, on December 23 , 1998, and recorded as
Instrument #98-17892 on Slide 12 at Page 4 ; AND Lot
Fourteen (14) Block One (1) , Beardshear' s Addition,
except the South Seven and Five Tenths (7 . 5) feet
thereof; AND all that part of the West Fifteen (15) feet
of Lot Sixteen (16) , in Parker' s Addition, lying South
of the south line extended of said Lot 13 ; all . in the
City of Ames, Story County, Iowa;
as continued from the Original Government Entry, - down to and
including the 29th day of July, 1998 , at 3 :20 P.M. , as last
certified to by Abstract and Title Services of Story County.
From this abstract I find that as of the date last mentioned,
merchantable title to said real estate was vested in MECA, L.L.C. ,
a limited liability company, subject to the following comments and
objections : None .
CAUTION
Since the following cannot be determined by examination of the
abstract, your cttention is called to the fact that you are
required to take notice of the rights of all persons in possession
9 14071
r .
MECA, L.L.C.
September 24, 1999
Page 2
of the real estate other than the titleholders of record; any facts
that would be disclosed by a survey; the right to file mechanic ' s
liens against the premises for labor or materials furnished in
connection with improvements thereon, within ninety days from the
furnishing of the last item; and any restrictions as to building,
occupancy, or usage contained in applicable zoning or other city
ordinances . In addition, you should determine whether any solid
wastes, hazardous substances, pollutants, above or below ground
storage tanks, drainage wells, water wells, landfill sites or other
environmentally regulated conditions exist on the property. Such
conditions are not ordinarily shown in the abstract, but they may
result in injunctions, fines, required cleanup, or other remedial
actions under federal , state or local laws . These laws may impose
liens against the property and personal liability .against the
owner, even though the owner did nothing to create the condition,
and acquired the property without knowing about it .
Respectfully yours,
SINGER, PASLEY, HOLM,
TIMMONS, THISON URTIS, L.L. P.
Larry R. Curtis
nas
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