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HomeMy WebLinkAboutA005 - Attorney's Opinion dated October 25, 2010 ATTORNErS OPINION 1, Craig R. Hastings, 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 Hastings, Gartin & Boettger, LLP, with offices at 409 Duff, Ames, Iowa 50010. 1 further state that I have examined the Abstract of Title to the following described real estate, located in Story County, Iowa: Lot 7, Block 7, Duffs Addition to Ames, Iowa from the date of the root of title thereof, down to and including September 27, 2010, which abstract was last certified by Republic Abstract of Story County. The real estate has been subdivided and is now to be known as Dreyer-Easter Subdivision, Ames, Iowa. Based upon information within the Abstract of Title, it is my opinion that the fee simple title to said real estate is in POB, L.L.C., and that said real estate is free from all encumbrances excepting, however, the following: a. Mortgage to First National Bank, Ames, Iowa dated September 27, 2010, and recorded on September 27, 2010 as Inst. No. 10-09321 of the records of the Story County Recorder. b. Assignment of Leases to First National Bank, dated. September 27, 2010, and recorded on September 27, 2010 as Inst. No. 10-09321 of the records of the Story County Recorder (this instrument number appears to be incorrect as it is the same as the instrument number for the mortgage.) It is my opinion that the real estate is further subject to easements and restrictions of record and the Zoning and Land Use Ordinances of Ames, Iowa and any unpaid property taxes. Dated this. r day of October, 2010. Hastings, Gartin & Boettger, LLP by 0 ;�� Craig R. sti s 409 Duff Ames, IA 50010 (515) 232-2501 MA u.