HomeMy WebLinkAboutA003 - Mortgagee's Consent to Platting and Partial Release of Mortgage 4!
INSTRumLN'r PRt?P,uRt:u BY: I Brian D. Torresi, 2605 Northridge Pkwy., Ste. 101,Ames,IA 50010(515)288-2500
MORTGAGEE'S CONSENT TO PLATTING
AND PARTIAL RELEASE OF MORTGAGE
WHEREAS, VisionBank of Iowa f/k/a Ames Community Bank (the "Mortgagee") is the present
owner of: (a) that certain Open-End Mortgage dated October 26, 2005, and filed in the office of the
Recorder of Story County, Iowa, on October 27, 2005, as Instrument No. 05-13509 ("Mortgage-I"); and
(b) that certain Open-End Mortgage dated June 5, 2015, and filed in the office of the Recorder of Story
County, Iowa,on June 17,2015,as Instrument No. 15-05420("Mortgage-2") (Mortgage-1 and Mortgage-
2 are hereinafter collectively referred to as the"Mortgages'), and therefore, Mortgagee has an interest in
the real property described as follows (the"Real Property"):
Parcel "L" a part of the North Half (NI/2) of Section Twenty-two (22),
Township Eighty-four (84) North, Range Twenty-four (24) West of the 5th
P.M., Ames, Story County, Iowa, as shown on the Plat of Survey filed in the
office of the Recorder of Story County, Iowa, on January 17, 2012 as
Instrument No. 12-00476, Slide 425,Page 4
WHEREAS, the Mortgagee has been requested to consent to the platting of the Real Property to
be known as QUARRY ESTATES SUBDIVISION FIRST ADDITION, AMES, STORY COUNTY,
IOWA and to release the lien of the Mortgages as to certain real property being dedicated to the City of
Ames, Iowa for use as a public street,and deems it advisable to do so;
NOW,THEREFORE,for good and valuable consideration:
1. CONSENT. The Mortgagee agrees and consents to the platting of the Real Property to be
known as QUARRY ESTATES SUBDIVISION FIRST ADDITION, AMES, STORY COUNTY,
IOWA.
2. RELEASE. The Mortgagee does hereby release the lien of the Mortgages as to the real
property legally described as follows:
Lots A and B, Quarry Estates Subdivision First Addition, Ames, Story County,
Iowa
(the"Released Property"),and this instrument constitutes a release of the lien of the Mortgages only as to
the Released Property and shall in no way affect the lien of the Mortgages as to the remaining portion of
the Real Property, said lien remaining in full force and effect.
P �
IN WITNESS WHEREOF, the Mortgagee has caused this instrument to be executed on its behalf
on this P day of October,2015.
VISIONBANK OF IOWA
By:
STATE OF IOWA, COUNTY OF STORY, SS:
This record was acknowledged before me on this � day of October, 2015, by
lk"-a P At<-6i-W,the \� of VisionBank of Iowa.
AAa�A C'4j.,-4 �L 6q
Notary Public in ad for the State of Iowa
m PAMELA NESBITT My commission expires 2-2- ( E
¢ 't Commission Number 788215
My Commission Expires
February 2 2018
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