HomeMy WebLinkAboutA005 - Attorney's Opinion dated May 13, 2002 Document Prepared By:
Stephen Howell,P.O.Box 847,Ames,IA 50010-0847;515-232-1761
ATTORNEY'S OPINION
I, Stephen Howell, hereby state that I am an Attorney at Law, duly admitted to the
practice of law in the State of Iowa, and a member of the firm of Newbrough, Johnston, Brewer,
Maddux & Howell, L.L.P., with offices at 612 Kellogg Avenue, Ames, Story County, Iowa. I
further state that I have examined the Abstract of Title in four parts to the following-described real
estate,to-wit:
Parcel G in the Southeast Quarter(SE%)of the Southwest Quarter(SW%)of Section
Six(6),Township Eighty-three(83)North,Range Twenty-three.(23)West of the 5'
P.M., Story County, Iowa and Lots One (1), Two (2) and Three (3) of Thies'
Subdivision of a part of Lot 1, Spencer's First Industrial Addition to the City of
Ames, Iowa,
from the root of title thereof,down to and including the 21 S'day of March,2002,at 2:08 o'clock p.m.
for Lot Three (3) and the 24" day of April, 2002 at 8:00'o'clock a.m. for Lot One (1), both last
certified by Abstract and Title Services of Story County,Ames,Iowa(Iowa Title Guaranty Division
Member #8650) and to the 261 day of March, 2002 at 8:00 o'clock a.m. for Lot Two (2), last
certified by Batman Sayers Abstract Company, Nevada, Iowa (Iowa Title Guaranty Division
Member#8212).
Based upon information within said Abstracts of Title and other instruments of which
said attorney has personal knowledge but which were not filed of record as of the most recent
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continuation of said Abstract,it is my opinion that legal title to the real estate is in API Properties
#165,L.L.C., a Nevada Limited Liability Company, (an undivided 45%interest); Carlsen-Bell
Ave., L.L.C., a Delaware Limited Liability Company, (an undivided 45% interest); and, D.
Roberts Investments, L.L.C., a Delaware Limited Liability Company, (an undivided 10%
interest), subject to the following
There are no liens against the subject real estate.
The property is further subject to easements and restrictions of record and to zoning
ordinances of the City of Ames, Iowa.
Dated this 13"day of May, 2002.
NEWBROUGH, JOHNSTON, BREWER, MADDUX& HOWELL, L.L.P.
612 Kellogg Avenue, P.O. Box 847
Ames, Iowa 50010-0847
Telephone: 515-232-1761
Facsimile: 515-232-8962
By:
Stepk n owe , Attorney
Iowa Title Guaranty
Division Member#3169
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