HomeMy WebLinkAboutA030 - Mortgagee Consent (for mortgage dated May 16, 2007) DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER
Prepared by/Retum to: Patrick T.Burk,801 Grand,Suite 3700,Des Moines,1A 50309;515-246-5816
MORTGAGEE CONSENT
KNOW ALL PERSONS BY THIS INSTRUMENT:
That Prudential Mortgage Capital Funding, LLC does hereby covenant that it is the
lawful mortgagee and holder of an Assignment of Leases and Rents and certain Financing
Statements (described on Exhibit "A" attached hereto) related to the real estate described on
Exhibit"B"attached hereto.
It hereby certifies, acknowledges and declares that the platting of this real estate to be
known as Streets of North Grand, an Official Plat, Ames, Iowa, is with its free consent and in
accordance with its desire as Mortgagee and holder of an Assignment of Leases and Rents and
certain Financing Statements related to the real estate.
,_.J
Dated this day of Ltt,l 2007.
MORTG GEE
PRU I
Loe&
ORTGAGE AP TAL FUNDING,LLC
By: reenhaw Jr.
Title: Vice President
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ACKNOWLEDGMENT
STATE OF TEXAS §
COUNTY OF DALLAS §
On June 11,2007,before me,a Notary Public in and for the State of Texas,
personally appeared Joe E.Greenhaw,Jr.,personally known to me or proved to me on
the basis of satisfactory evidence to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his authorized capacity,
and that by his signature on the instrument the person,or the entity upon behalf of which
the person acted,executed the instrument.
WITNESS my hand and official seal.
[Seal] Notary Public,State of Texas
1,n+ BARBARA L.DYER
€ A NOTARY PUBLIC STATE OF TEXAS
COMMISSION EXPIRES:
JUNE -13, 2j 0
Exhibit"A"
1. Mortgage. Mortgage from North Grand Mall Partners, LLC to Prudential
Mortgage Capital Company, LLC dated May 16, 2007, filed May 23, 2007, and recorded as
Instrument No.07-05279 of the Story County, Iowa Records, and assigned by Prudential
Mortgage Capital Company, LLC to Prudential Mortgage Capital Funding, LLC via an
Assignment of Mortgage dated May 16, 2007, filed May 23, 2007, and recorded as Instrument
No.07-05282 of the Story County,Iowa Records.
2. Assignment of Rents. Assignment of Leases and Rents from North Grand Mall
Partners, LLC to Prudential Mortgage Capital Company, LLC dated May 16, 2007, filed May
23, 2007, and recorded as Instrument No.07-05280 of the Story County, Iowa Records, and
assigned by Prudential Mortgage Capital Company, LLC to Prudential Mortgage Capital
Funding, LLC via an Assignment of Assignment of Leases and Rents May 16,2007, filed May
23,2007,and recorded as Instrument No.07-05283 of the Story County,Iowa Records,
3. Financing Statement. Financing Statement from North Grand Mall Partners, LLC to
Prudential Mortgage Capital Company,LLC filed May 23,2007 and recorded as Instrument No.07-
05281 of the Story County, Iowa Records, and assigned by Prudential Mortgage Capital Company,
LLC to Prudential Mortgage Capital Funding,LLC via and Assignment of Financing Statement filed
May 23,2007,and recorded as Instrument No.07-05284 of the Story County,Iowa Records.
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Exhibit"B"
TRACT I:
COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHEAST 1/4 OF THE NORTHEAST
1/4 OF SECTION 34,TOWNSHIP 84 NORTH,RANGE 24 WEST OF THE FIFTH PRINCIPAL
MERIDIAN,STORY COUNTY,IOWA;THENCE SOUTH 89 DEGREES 39 MINUTES 30 SECONDS
WEST,60 FEET;THENCE NORTH 0 DEGREES 28 MINUTES 30 SECONDS EAST,PARALLEL TO
THE EAST LINE OF SAID SECTION 34,A DISTANCE OF 533.50 FEET TO THE POINT OF
BEGINNING;THENCE CONTINUING NORTH 0 DEGREES 28 MINUTES 30 SECONDS EAST,
793.99 FEET TO THE NORTH LINE OF SAID SECTION 34;THENCE SOUTH 89 DEGREES 43
MINUTES 15 SECONDS WEST,10.00 FEET; THENCE NORTH 0 DEGREES 07 MINUTES 24
SECONDS EAST,631.75 FEET TO THE SOUTH LINE OF 30TH STREET;THENCE SOUTH 89
DEGREES 46 MINUTES 10 SECONDS WEST,ALONG THE SOUTH LINE OF 30TH STREET A
DISTANCE OF 1025.45 FEET TO THE NORTHWEST CORNER OF LOT 11,NORTH PARK
SUBDIVISION OF AMES,IOWA;THENCE SOUTH 0 DEGREES 32 MINUTES 20 SECONDS
WEST 632.22 FEET TO THE NORTH LINE OF SECTION 34;THENCE NORTH 89 DEGREES 43
MINUTES 15 SECONDS EAST,ALONG SAID NORTH LINE A DISTANCE OF 276.70 FEET TO
THE POINT OF INTERSECTION WITH THE CENTERLINE OF FERNDALE AVENUE,
EXTENDED NORTH;THENCE SOUTH 0 DEGREES 32 MINUTES 20 SECONDS WEST,784.00
FEET;THENCE SOUTH 89 DEGREES 31 MINUTES 42 SECONDS EAST,764.15 FEET TO THE
POINT OF BEGINNING,EXCEPTING THERE FROM THE FOLLOWING DESCRIBED PARCELS:
1.COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHEAST 1/4 OF THE
NORTHEAST 1/4 OF SAID SECTION 34;THENCE NORTH 0 DEGREES 28 MINUTES 30
SECONDS EAST,ALONG THE EAST LINE OF THE NORTHEAST 1/4 OF THE NORTHEAST 1/4,
706.45 FEET;THENCE NORTH 89 DEGREES 39 MINUTES 30 SECONDS WEST,100.00 FEET TO
THE POINT OF BEGINNING;THENCE NORTH 89 DEGREES 39 MINUTES 30 SECONDS WEST,
80.00 FEET;THENCE NORTH 0 DEGREES 28 MINUTES 30 SECONDS EAST,100.00 FEET;
THENCE SOUTH 89 DEGREES 39 MINUTES 30 SECONDS EAST,80.00 FEET;THENCE SOUTH 0
DEGREES 28 MINUTES 30 SECONDS WEST,100.00 FEET TO THE POINT OF BEGINNING.
2.ALL THAT PORTION OF FERNDALE AVENUE INCLUDED THEREIN.
TRACT II:
COMMENCING AT THE SOUTHEAST CORNER OF THE NORTHEAST 1/4 OF THE NORTHEAST
1/4 OF SECTION 34,TOWNSHIP 84 NORTH,RANGE 24 WEST OF THE FIFTH PRINCIPAL
MERIDIAN;THENCE NORTH 0 DEGREES 28 MINUTES 30 SECONDS EAST,ALONG THE EAST
LINE OF SAID SECTION 34,35.00 FEET;THENCE SOUTH 89 DEGREES 39 MINUTES 30
SECONDS WEST,PARALLEL TO THE SOUTH LINE OF SAID NORTHEAST 1/4 OF THE
NORTHEAST 1/4 429.50 FEET;THENCE NORTH 0 DEGREES 24 MINUTES 30 SECONDS EAST,
165.00 FEET;THENCE SOUTH 89 DEGREES 39 MINUTES 30 SECOND WEST,214.77 FEET;
THENCE NORTH 0 DEGREES 28 MINUTES 30 SECONDS EAST,6.00 FEET TO THE POINT OF
BEGINNING;THENCE SOUTH 89 DEGREES 39 MINUTES 30 SECONDS WEST, 150.40 FEET;
THENCE NORTH 00 DEGREES 32 MINUTES 20 SECONDS EAST,ALONG THE EAST LINE OF
FERNDALE AVENUE,337.90 FEET;THENCE SOUTH 89 DEGREES 31 MINUTES 42 SECONDS
EAST, 149.75 FEET;THENCE SOUTH 0 DEGREES 28 MINUTES 30 SECONDS WEST,335.78
FEET TO THE POINT OF BEGINNING,SITUATED IN STORY COUNTY,IOWA.
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