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HomeMy WebLinkAboutA011 - Title Opinion dated September 10, 1992 h LAW OFFICES PAYER, HUNZIKER, COSSITT & OETH 535 MAIN STREET AMES, IOWA 50010 DONALD R. PAYER TELEPHONE CHRISTINE A. HUNZIKER (515) 232-41 15 JAMES H. COSSITT FAX NO. STEVEN J. OETH (515) 232-4388 Q , 1992 Dayton Park, Ltd. 803 - 24th Street Ames, IA 50010 Dear Sirs: This is to certify that I am an Attorney at Law, duly admitted to practice in the State of Iowa and located at Ames, Iowa; that I have examined the abstract of title certified to by the Cyclone Abstract & Title Co. from thE root of title down to and including the Q� +I` day of , 1992, at o'clock a.m. and dealing with the title to the following described real estate: SEE SCHEDULE A ATTACHED HERETO AND MADE A PART HEREOF CONTAINING THE CORRECT LEGAL DESCRIPTION. 1. 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 Dayton Park LTD. , an Iowa Limited Partnership, subject to easements of record. Said real estate is to be part of a subdivision hereinafter known as Valley East Plat No. 2, in the City of Ames, Iowa. Yours very truly, PAYER, HUNZIKER & COSSITT By Christine A. Hunziker CAH:nb SCHEDULE A PROPERTY DESCRIPTION The plat of Valley East Plat No. 2, being an Official Replat of Outlot "X" in Valley East, an Official Plat now included in and forming a part of the City of Ames, Story County, Iowa is described as: "Commencing at the North 1/4 Corner of Section 6, Township 83 North, Range 24 West of the 5th P.M. , Ames, Story County, Iowa; thence, North 890-59 ' -30" East along the North Line of the Northeast Fractional 1/4 of said Section 6, a distance of 1518. 64 feet; thence, S00°-48 ' -55"W, a distance of 50.00 feet to the South Right-of-Way Line of Ontario Street as it is presently established and to the Point of Beginning; thence, N890-59 ' -30"E along the South Right-of-Way Line of said Ontario Street, a distance of 484.66 feet;. thence, S00°-44 ' -00"W, along the West Line of West Court Terrace Addition, an Official Plat, Ames, Story County, Iowa, and along the West Line of Lots 1 and 2 in Valley East, an Official Plat, Ames, Story County, Iowa, a distance of 952.00 feet; thence, N890-52 '-05"E, along the South Line of said Lot 2, a distance of 111.49 feet to the Northwest Corner of Lot 3 in said Valley East; thence, S00°-32 ' -50"W, along the West Line of Lots 3, 4, 5, 6, 7 and 8 in said Valley East, a distance of 443.81 feet to the North Right-of-Way Line of Utah Drive as it is presently established; thence, N890-27 '-10"W, along the North Right-of-Way Line of said Utah Drive, a distance of 2 .50 feet; thence Westerly along the Northerly Right-of-Way Line of said Utah Drive and along a 701.95 feet radius curve to the right, a distance of 143.35 feet, said curve having a chord bearing of N830-36 ' -0911W and a chord length of 143. 10 feet; thence Westerly along the Northerly Right-of-Way Line of said Utah Drive and along a 729 .02 feet radius curve to the left, a distance of 155.84 feet, said curve having a chord bearing of N830-52 ' -34"W and a chord length of 155.55 feet; thence, N900-00 ' -00"W, along the North Right-of-Way Line of said Utah Drive, a distance of 314.74 feet to the Southeast Corner of Lot 15 in Sixth Addition to Spring Valley Subdivision, an Official Plat, Ames, Story County, Iowa; thence N000-48 ' -55"E, along the East Line of said Sixth Addition to Spring Valley Subdivision and along the East Line of Seventh Addition to Spring Valley Subdivision, an Official Plat, Ames, Story County, Iowa, a distance of 821 .44 feet; thence, N89°-46 ' -28"E, a distance of 15.00 feet; thence, N000-48 ' -55"E, along the East Line of said Seventh Addition to Spring Valley Subdivision and along the East Line of Eight Addition to Spring Valley Subdivision, an Official Plat, Ames, Story County, Iowa, a distance of 541 .45 feet to the Point of Beginning. " Aqb PATE._...:.....- CERTIFICATE OF COUNTY TREASURER I, Doris M. Samson, hereby certify that I am the Treasurer of Story County, Iowa. I further certify that the real estate described as follows: SEE ATTACHED SCHEDULE "A" MADE A PART HEREOF is free from the first and second installment of the 1991-1992, fiscal taxes due and payable in 1992-1993, and also is free from certified special assessments, at the time of this certification. Dated at Nevada, Iowa, this day of , 1992 . Doris M. Samson Treasurer, Story County, Iowa �:�, Aq0 g 1 � i - _.PAGE_.... SCHEDULE A PROPERTY DESCRIPTION The plat of Valley East Plat No. 2, being an Official Replat of Outlot "X" in Valley East, an Official Plat now included in and forming a part of the City of Ames, Story County, Iowa is described as : "Commencing at the North 1/4 Corner of Section 6, Township 83 North, Range 24 West of the 5th P.M. , Ames, Story County, Iowa; thence, North 89°-59 ' -30" East along the North Line of the Northeast Fractional 1/4 of said Section 6, a distance of 1518. 64 feet; thence, S00°-48 ' -55"W, a distance of 50 . 00 feet to the South Right-of-Way Line of Ontario Street as it is presently established and to the Point of Beginning; thence, N891-59 ' -30"E along the South Right-of-Way Line of said Ontario Street, a distance of 484 . 66 feet; thence, S000-44 ' -00"W, along the West Line of West Court Terrace Addition, an Official Plat, Ames, Story County, Iowa, and along the West Line of Lots 1 and 2 in Valley East, an Official Plat, Ames, Story County, Iowa, a distance of 952 .00 feet; thence, N890-52 ' -05"E, along the South Line of said Lot 2, a distance of 111 .49 feet to the Northwest Corner of Lot 3 in said Valley East; thence, S000-32 ' -5011W, along the West Line of Lots 3, 4, 5, 6, 7 and 8 in said Valley East, a distance of 443 .81 feet to the North Right-of-Way Line of Utah Drive as it is presently established; thence, N890-27 ' -10"W, along the North Right-of-Way Line of said Utah Drive, a distance of 2 .50 feet; thence Westerly along the Northerly Right-of-Way Line of said Utah Drive and along a 701 . 95 feet radius curve to the right, a distance of 143 . 35 feet, said curve having a chord bearing of N831-36 ' -09"W and a chord length of 143 . 10 feet; thence Westerly along the Northerly Right-of-Way Line of said Utah Drive and along a 729 . 02 feet radius curve to the left, a distance of 155 . 84 feet, said curve having a chord bearing of N830-52 ' -34"W and a chord length of 155 .55 feet; thence, N900-00 ' -00"W, along the North Right-of-Way Line of said Utah Drive, a distance of 314 . 74 feet to the Southeast Corner of Lot 15 in Sixth Addition to Spring Valley Subdivision, an Official Plat, Ames, Story County, Iowa; thence N00°-48 ' -55"E, along the East Line of said Sixth Addition to Spring Valley Subdivision and along the East Line of Seventh Addition to Spring Valley Subdivision, an Official Plat, Ames, Story County, Iowa, a distance of 821 .44 feet; thence, N891-46 ' -28"E, a distance of 15. 00 feet; thence, N000-48 ' -55"E, along the East Line of said Seventh Addition to Spring Valley Subdivision and along the East Line of Eight Addition to Spring Valley Subdivision, an Official Plat, Ames, Story County, Iowa, a distance of 541 .45 feet to the Point of Beginning. 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