HomeMy WebLinkAboutA001 - Attorney's Title Opinion dated August 29, 2016 SPACE ABOVE RESERVED FOR OFFICIAL USE_
_Return document to:Victoria A.Feilni)Sr.1416 Buckeye Ave.,Ste.200,Ames IA50010-8070
Document prepared by:VictodaA.Feilmeyer,1416 Buckeye Ave.,Ste.200,Ames,IA 50010-8070-(515)956-3915
Attorney's Title Opinion
I,Victoria A. Feilmeyer,am an attorney licensed to practice in the State of Iowa,and my principal
place of business is located at 1416 Buckeye Avenue,Ames, Iowa 50010. In accordance with section
354•11 of the Code of Iowa and for the limited purpose described therein, I have examined the
abstract of title to the Real Property more particularly described in the attached Consent to
subdivision platting and to be known as:
Eleventh(il"')Addition,Dauntless Subdivision,Ames,Story County,Iowa.
It is my professional opinion,based on said examination,that:
The fee simple title to said Real Property is vested in:
IOWA YOUTH BASKETBALL FOUNDATION, an Iowa Non-Profit
Corporation.
who is the sole owner and proprietor entitled and required to consent to the subdivision platting,
subject to easements, rights-of-way, restrictive covenants of record and applicable governmental
regulations.
There are holders of mortgages,liens,or other encumbrances on said Real Property being platted.as
follows: (1) the real estate was mortgaged by Iowa Youth Basketball Foundation to VisionBank of
Iowa to secure an original indebtedness of$6,goo,000.00; the mortgage is dated October 25, 2013,
and was filed in the office of the Recorder of Story County,Iowa,on October 29,2or3,and recorded
as Instrument N' 13-1z868, (z) a Financing Statement given by the Iowa Youth Basketball
Foundation to VisionBank of Iowa, filed October 29, 2013, and recorded as Instrument N°13-
128670
Dated August ,zo16. 1z� �{
VICTORIA A.FEILMEYER
Nyemaster Goode,P.C.
Tel,:515-956-3915 1416 Buckeye Ave.,Ste 200
Fax:515-956-3990 Ames,IA 50010
Email:vafeilmeyer@nyemaster.com