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HomeMy WebLinkAboutA010 - Attorney's Opinion dated December 30, 2003 Prepared by: Larry R. Curtis 323 Sixth Street P.O. Box 664 Ames IA 50010, (515)232-4732 ATTORNEY'S OPINION I,LARRY R.CURTIS,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 Pasley and Singer Law Firm, L. L. P.,with offices at 323 Sixth Street, Ames, Story County, Iowa. I further state that I have examined the abstract of title to the following described real estate: See attachment; from the date of the Root of Title thereof,down to and including the 7'h day of November,2003,as last certified by Abstract and Title Services of Story County. Based upon the information within said abstract of title, it is my opinion that the fee simple title to the property described above is in SOUTHFORK DEVELOPMENT,L.L.C.,an Iowa Limited Liability Company, and said real estate is free from encumbrances except for the following: Mortgage to FARM CREDIT SERVICES OF AMERICA,dated May 30,2000,records of Story County, Iowa, as Instrument No. 00-05849. Mortgage to FIRSTAMERICAN BANK,Ames,Iowa,dated April 26,2002,records of Story County, Iowa, as Instrument No. 02-06487. The property is subject to easements and restrictions of record and the general zoning ordinances of the City of Ames, Iowa. Dated this day of December, 2003. PASLEY INGER LA FIRM, L. L. P. LARRY R. C TI 323 Sixth Str et, P. O. Box 664 Ames, IA 50010 (515) 232-4732 I THE PLAT OF SOUTH FORK SUBDIVISION SECOND ADDITION WHICH IS OUTLOT"Q"OF PLAT 1,SOUTH FORK SUBDIVISION,AN OFFICIAL PLAT OF AMES,STORY COUNTY, IOWA IN THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER AND THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 8,TOWNSHIP 83 NORTH, RANGE 24 WEST OF THE 5th P.M., IN THE CITY OF AMES,STORY COUNTY,IOWA MORE ACCURATELY DESCRIBED AS FOLLOWS; BEGINNING AT THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8; THENCE S 00010'10" E ALONG THE EAST LINE OF EET TO THE SOUTHEAST CORNER THE SOUTHEAST QUARTER OF THE F THE NOR QUARTER, SOUTHOEAST QUARTER OF THE NORTHWEST QUARTOER OF NORTHEAST QUARTER OF THE SAID SECTION 8; THENCE N 89017'01" W ALONG THE SOUTH LINE OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8, A DISTANCE OF 661.29 FEET TO THE NORTHEAST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8; THENCE S 00027'42" E ALONG THE EAST LINE OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8,A DISTANCE OF 664.20 FEET TO THE SOUTHEAST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHEAST 00 25 TW AER OF THE LONG HE SOUTH RTHWE LINQUARTER O F SAID SECTION 8; THENCE N 89 E OF THE SOUTHWEST QUARTER OF THE ER F THE RTHWEST UARTER F SAID SOUTHEASTFEET TOT HETSOUOTHW SOUTHWEST CORNER OFQTHE SOUTOHEAST QUARTOER OF THIETANCE OF 669.3 NORTHWEST QUARTER OF SAID SECTION 8; THENCE N 000 10'07" W ALONG THE WEST LINE OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8,A DISTANCE OF 1322.64 FEET TO THE NORTHWEST CORNER OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8; THENCE S 890 16'34" E ALONG THE NORTH LINE OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8,A DISTANCE OF 257.66 FEET TO THE NORTHWEST CORNER OF LOT 36 OF SOUTH FORK SUBDIVISION PLAT 1,AN OFFICIAL PLAT OF AMES,STORY COUNTY,IOWA; WEST LINE OF SAID LOT 36,A DISTANCE OF 170.37 FEET THENCE S 00045'23" W ALONG THE TO THE SOUTH RIGHT OF WAY LINE OF MARIGOLD DRIVE; THENCE S 890 16'35" E ALONG THE SAID RIGHT OF WAY LINE,A DISTANCE OF 35.68 FEET TO THE NORTHWEST CORNER OF LOT 35 OF SAID SOUTH FORK SUBDIVISION PLAT I; THENCE S 00043'26" W ALONG WEST LINE OF SAID LOT 35,A DISTANCE OF 118.54 FEET TO THE SOUTHWEST CORNER OF SAID LOT 35;. THENCE S 82022'35" E ALONG THE SOUTH LINE OF LOT 35,LOT 34,AND LOT 33 OF SAID SOUTH FORK SUBDIVISION PLAT 1,A DISTANCE OF 248.75 FEET TO THE SOUTHEAST CORNER OF SAID LOT 33; THENCE N 03013'06" E ALONG THE EAST LINE OF SAID LOT 33,A DISTANCE OF 34.43 FEET TO THE SOUTHWEST CORNER OF LOT 32 OF SAID SOUTH FORK SUBDIVISION PLAT 1; THENCE N 81008'03" E ALONG THE SOUTH LINE OF SAID LOT 32,A DISTANCE OF 127.65 FEET TO THE SOUTHEAST CORNER OF SAID LOT 32; THENCE SOUTHERLY ALONG A 344.87 FEET RADIUS CURVE CONCAVE NORTHERLY WITH A CHORD LENGTH OF 71.78 FEET AND A CHORD BEARING OF S 31028'33" E ALONG THE WEST RIGHT OF WAY LINE OF DOTSON DRIVE,A DISTANCE OF 71.91 FEET; THENCE N 52030'45" E,A DISTANCE OF 66.00 FEET TO THE SOUTHWEST CORNER OF LOT 31 OF SAID SOUTH FORK SUBDIVISION PLAT 1; THENCE N 71022'41" E ALONG THE SOUTH LINE OF SAID LOT 31,A DISTANCE OF 116.73 FEET TO THE SOUTHEAST CORNER OF SAID LOT 31; THENCE SOUTHERLY ALONG A 86.00 FEET RADIUS CURVE CONCAVE NORTHERLY WITH A BEARINGS 57°45'49" E,A DISTANCE OF 94.55 CHORD LENGTH OF 89.86 FEET AND A CHORD FEET; THENCE S 89014'35" E,A DISTANCE OF 124.90 FEET; THENCE N 00044'02" E ALONG THE EAST LINE OF LOT 27 OF SOUTH FORK SUBDIVISION PLAT 1,A DISTANCE OF 121.07 FEET TO THE SOUTH RIGHT OF WAY LINE OF MARIGOLD DRIVE; THENCE S 89026'29" E ALONG SAID RIGHT OF WAY,A DISTANCE OF 25.65 FEET; THENCE N 00039'52" E ALONG EAST LINE OF LOT 26 OF SAID SOUTH FORK SUBDIVISION PLAT 1,A DISTANCE OF 159.81 FEET TO THE NORTHEAST CORNER OF SAID LOT 26; THENCE N 16055'12" E,A DISTANCE OF 16.67 FEET TO THE SOUTHWEST CORNER OF LOT 13 OF SAID SOUTH FORK SUBDIVISION PLAT l; THENCE S 890 16'53" E ALONG THE SOUTH LINE OF SAID LOT 13 AND PART OF LOT 12 OF SAID SOUTH FORK SUBDIVISION PLAT 1,A DISTANCE OF 227.65 FEET; THENCE S 00009'43" E ALONG THE EAST LINE OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 8,A DISTANCE OF 5.50 FEET TO THE POINT OF BEGINNING. SAID TRACT OF LAND BEING SUBJECT TO AND TOGETHER WITH ANY AND ALL EASEMENTS OF RECORD. SAID TRACT OF LAND CONTAINS 24.95 AREAS MORE OR LESS.