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HomeMy WebLinkAboutA003 - Attorney's Opinion dated November 15, 2016 ATTORNEY'S OPINION I,Brian D.Torresi,hereby state that I am an Attorney at Law,duly admitted to the practice of law in the State of Iowa, and an attorney at the Davis Brown Law Firm with offices at 2605 Northridge Parkway, Suite 101, Ames, Story County, Iowa. I further state that I have examined the Abstract of Title to the following-described real estate,to-wit: Outlot A,Ringgenberg Park Subdivision Fourth Addition,Ames, Story County,Iowa (the"Real Estate")from the root of the title thereof,down to and including the 9th day of August,2016, last certified by Abstract and Title Services of Story County,Ames,Iowa(Iowa Title Guaranty Division Member #8650). The Real Estate has now been subdivided and is now known as RINGGENBERG PARK SUBDIVISION FIFTH ADDITION,AMES,STORY COUNTY,IOWA. Based upon information within said Abstract of Title, it is my opinion that the fee simple title to the Real Estate is vested in Friedrich Land Development Company, L.L.C. The Real Estate is free from encumbrances excepting,however,the following: 1. The Real Estate is subject to easements of record and to zoning ordinances of the City of Ames, Iowa; and 2. That certain Mortgage in the amount of$1,900,000.00 given to First National Bank,Ames, Iowa dated June 1, 2004, and filed in the office of the Recorder of Story County,Iowa, on June 2, 2004,as Instrument No. 04-07159. Dated this A day of November, 2016. DAVIS BROWN LAW FIRM By: Brian D. Torresi, Attorney Iowa Title Guaranty Member No. 10046 �' T