HomeMy WebLinkAboutA015 - Letter certifying true and exact copy of Title Opinion dated September 15, 2010 Caring People
515 Clark Avenue,P.O.Box 811
QudiHPrograms Ames,IA 50010
.P"a.Service
Phone: 515-239-5105
Fax: 515-239-5142
September 15, 2010
STATE OF IOWA
COUNTY OF STORY
CITY OF AMES
I,Diane R.Voss,being the duly appointed City Clerk of the City of Ames,Iowa,do hereby certify that
the attached document is a true and accurate copy of the Title Opinion prepared by Attorney Clifford
S. Swartz dated August 20,2010,and pertaining to Abstract No. 1008182101,for said property to be
known as Airport Business Park.
Diane R. Voss, City Clerk
(SEAL)
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CLIFFORD S.SWARTZ
;* BRICK GENTRY P.C. krroml-y
NrroRnrvs&COUNSrLORs at LAW T:515-274-1450
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August 20, 2010
Mayor and Members of City Council
City of Ames, Iowa
515 Clark Avenue
Arises, Iowa 50010
RE: Abstract and Title Services of Story County
Abstract No. 1008182101
Dear Mayor and Members of City Council:
This will certify that on this date, I have examined the Abstract of Title for the following
described real property:
Parcel "Q", in the East Half (E Y/) of the Southeast Quarter (SE '/a) of the
Northeast Quarter (NE '/) of Section Fifteen (15), Township Eighty-three
(83) North, Range Twenty-four (24) West of the 5th P.M., City of Ames,
Story County, Iowa, as shown on the "Plat of Survey" filed in the Office of
the Recorder, Story County, Iowa on August 19, 2004 as Inst. No. 04-
11556, Slide 216, Page 1.
This opinion is prepared for use in connection'with the platting of property described
above, said property to be known as Airport Business Park, an Official Plat, to be
included in and forming a part of the City of Ames, Story County, Iowa. Said opinion
may be relied upon by all parties intending to benefit from this opinion, as prescribed in
Iowa Code Chapter 354 (2009).
For purposes of rendering this opinion, we have examined the Abstract of Title for the
real estate described above as prepared by Abstract and Title Services of Story County
from the Root of Title to the date of August 17, 2010, at 8:00 A.M. We have also
examined the real estate tax records for Story County, Iowa. Our opinion covers only
matters applying herein to that date based on the Iowa Title Standards and the laws of
the State of Iowa.
Based on our examination of the Abstract of Title, we find good and merchantable title
to be vested of record in Kellie Markey as Trustee of the Kellie M. Markey Revocable
Trust, subject, however, to the following comments and objections:
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Page 2
1. At Entry No. 71 of the Abstract, there appears a _Mortgage to Legacy Bank as
dated October 28, 2008, and filed October 31, 2008 as Instrument No. 08-11724
from Kellie Markey as Trustee of the Kellie M. Markey Revocable Trust, a Trust,
in the amount of$1,670,000.00.
2. You are advised that the real estate taxes for Parcel No. 09-15-280-000 for the
2008-09 tax year and all prior years have been paid in full. The Taxes for the
2009-10 tax year are unpaid but not delinquent.
3. You are advised that the abstractor has conducted all necessary searches
against the titleholder and all prior titleholders to the date of the latest
continuation of the Abstract and finds nothing except as otherwise shown in this
opinion.
4. The property is under examination .is subject to the zoning ordinances of the City
of Ames, Story County, Iowa.
5. An examination of the index in the Story County Recorder's Office for federal tax
liens, income tax liens, retail sales liens, and unemployment contribution liens
'reveals that there are no such liens affecting the above-described real estate.
6. You are advised that an examination of the personal property tax files in the
Story County Recorder's Office have revealed that there are no personal
property tax liens affecting the property under examination.
We hereby certify that the property described herein is free from encumbrances, other
than set forth in this opinion and that this opinion may be relied upon by the City of
Ames, Iowa and such other governmental agencies such as Story County for purposes
of submittal of Airport Business Park, an Official Plat, in and part of the City of Ames,
Story County, Iowa.
Respectfully submitted,
BRICK, GENTRY, BOWERS,
SWARTZ & LEVIS, P.C.
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By: C rd S. Swartz 61
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