HomeMy WebLinkAboutA021 - Mortgagee's Consent to Plat by F & M Bank, dated September 7, 2006 A
MORTGAGEE'S CONSENT TO PLAT
WAL-MART'S SUBDIVISION,FIRST ADDITION
F&M Bank-Iowa, f/k/a F&M Bank, 11 North First Street,Marshalltown, Iowa 50158,mortgagee of a
portion of the property to be platted as WAL-MART'S SUBDIVISION,FIRST ADDITION, an Official
Plat, now included in and forming a part of the City of Ames, Story County, Iowa, legally described in
Exhibit"A"attached hereto(and other property)pursuant to:(a)that certain mortgage in the maximum
amount of$1,000,000.00 in favor of F & M Bank recorded September 24, 2002 as Instrument
No. 02-14570 of the Story County, Iowa records, (b)that certain Assignment of Rents granted to F&
M Bank, recorded September 24, 2002 as Inst. No. 02-14571 of the Story County, Iowa records, and(c)
that certain mortgage in the maximum amount of$870,188.00 in favor of F & M Bank-Iowa recorded
December 6, 2002 as Instrument No. 02-19753 of the Story County Iowa records hereby consents to the
plat of WAL-MART'S SUBDIVISION,FIRST ADDITION,as set forth in the final plat thereof.
Irt
Dated this -day of,5, 2006.
F&M BANK-IOWA
B
J P. J ett, Community
e ident
By:
Randall G. Olsen,Branch Manager
STATE OF IOWA )
SS:
COUNTY OF STORY )This instrument was acknowledged before me on the Ith day of Sap 61x 2006 by
John P. Jennett and Randall G. Olsen, as Community President and Branch Manager respectively
of F&M Bank-Iowa, f/k/a F&M Bank.
CORA BOOS
Wotadal Seal -1owa Notary Public in and for the State of Iowa
Commission#t 733
My Commission EX0w ZZ21bq l
. 1
�9 �
z
EXHIBIT A
LEGAL DESCRIPTION
Ames,Iowa Wal-Mart
DESCRIPTION:Total Tract(Subdivision Plat)
A tract of land being all of Parcel"AA"of Plat of Survey recorded as Document No.03-09980 on May 20,2003,all
of Parcel"AE"of Plat of Survey recorded as Document No.2006-00001038 on January 27,2006 on Slide 269,Page
3,all of Parcel"AF"of Plat of Survey recorded as Document No.2006-00001039 on January 27,2006 on Slide 269,
Page 5,all of Parcel"AT'and Parcel"AH"of Plat of Survey recorded as Document No.2006-00001040 on January
27, 2006 on Slide 270, Page 1, all in the Story County Recorder of Deeds Office all being part of the Northwest
Quarter of the Southeast Quarter and part of the Southwest Quarter of the Northeast Quarter of Section 11,
Township 83 North,Range 24 West of the 5th P.M.,City of Ames,Story County,Iowa to wit:
Beginning at a found PK Nail at the Southwest Comer of said Northeast Quarter,thence along the west line of said
Northeast Quarter N00°-33'-24"W 329.87 ft.to a point;thence leaving said west section line S89"-59'42"E 318.73
ft.a found survey post;thence N00°-20'44"W 79.83 ft.to a found survey post;thence S89°-58'-30"E 151.93 ft.to
a found iron rod;thence N00'-34'-29"W 202.77 ft.to a found iron rod on the south right-of-way line of S.E.Fifth
Street, thence along said south right-of-way line S89°-56'-16"E 100.01 to a found iron rod, thence S89°-54'-45"E
133.15 to a found iron rod,thence S89°-54'-18"E 72.64 ft.to a found iron rod at the Southeast Corner of said S.E.
Fifth Street; thence along the east line of said S.E. Fifth Street North 40.01 ft. to a found iron rod, thence
N00°-05'-28"W 39.98 ft.to a found iron rod at the northeast comer of said S.E.Fifth Street;thence leaving said east
right-of-way line along a curve deflecting to the left having a radius of 300.00 ft.,an arc length of 165.14 ft.,a chord
bearing of N74°-23'43"E,a chord distance of 163.06 ft.to a set iron rod;thence along a curve deflecting to the right
having a radius of 380.00 ft.,an arc length of 205.51,a chord bearing of N74°-07'-09"E,a chord distance of 203.01
ft.to a set iron rod;thence N890-36'44"E 190.19 ft. to a set iron rod on the East line of the Southwest Quarter of
said Northeast Quarter;thence along said cast line S00°-23'-16"E 80.01 ft.to a found iron rod,thence S00°-20'-04"E
400.07 ft.to a found iron rod,continue thence along said east line and the east line of the Northwest Quarter of said
Southeast Quarter S00°-29'-54"E 695.44 ft.to a set iron rod;thence leaving said east line N89°-33'-12"W 634.42 ft.
to a set iron rod at the southeast comer of the Buford and Helen Day Trust Property, (Ames Rental);thence along
the east line of said trust property N00-17'-26"W 180.02 ft.to a set iron rod;thence leaving said east line along the
north line of said trust property and the westerly projection thereof N890-33'-12"W 270.42 ft.to a found survey nail;
thence N01°-01'-41"W 92.11 ft. to a found concrete nail; thence N89°-23'-06"W 414.10 ft. to a point on the west
line of the Northwest Quarter of said Southeast Quarter,thence along said west line N00°-22'-33"W 99.26 ft.to the
point of beginning,containing 25.33 acres. Subject to any and all easements,restrictions,conditions,etc.of record.
I\06',piattirg+.crt-ctmseni-r-m-bank.doc
-2-