HomeMy WebLinkAboutA004 - Mortgagee's Consent to Platting and Partial Release of Mortgage dated June 13, 2017 + a
INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northridge Pkwy.,Ames,IA 50010 515)288-2500
MORTGAGEE'S CONSENT TO PLATTING
AND PARTIAL RELEASE OF MORTGAGE
WHEREAS, First National Bank, Ames, Iowa (the "Mortgagee") is the present owner of that
certain Commercial Real Estate Mortgage (the "Mortgage") given by Pinnacle Properties Ames, L.L.C.,
dated July 18, 2016, and filed in the office of the Recorder of Story County, Iowa, on July 18, 2016, as
Instrument No. 16-06706, and therefore, Mortgagee has an interest in the real property described as
follows(the"Real Property"):
Outlot W, Crane Farm Subdivision, Third Addition, Ames, Story County,
Iowa
WHEREAS, the Mortgagee has been requested to consent to the platting of said Real Property to
be known as CRANE FARM SUBDIVISION, FOURTH ADDITION, AMES, STORY COUNTY,
IOWA, and to release the lien of said Mortgage 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 said real property
described herein to be known as CRANE FARM SUBDIVISION, FOURTH ADDITION, AMES,
STORY COUNTY,IOWA.
2. RELEASE. The Mortgagee does hereby release the lien of the Mortgage as to the real
property legally described as follows:
Lot A, Crane Farm Subdivision,Fourth Addition,Ames, Story County, Iowa
(the "Released Property"), and this instrument constitutes a release of the lien of the Mortgage only as to
the Released Property and shall in no way affect the lien of the Mortgage as to the remaining portion of
the Real Property, said lien remaining in full force and effect.
IN WITNESS WHEREOF, the Mortgagee has caused this instrument to be executed on its behalf
on this i.7 day of 2W -r ,2017.
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FIRST NATIONAL BANK,AMES,IOWA
Scott Bauer,President
By:
Joel Thilges, resident
STATE OF IOWA, COUNTY OF STORY, SS:
This record was acknowledged before me on this 1-4 day of June, 2017, by Scott Bauer and Joel
Thilges,as the President and the Vice President,respectively, of First National Bank,Ames, Iowa.
Notary P lic, State of Iowa
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�s ALTA JILL BAILEY
z Commission Number 772844
My Commission Expires
• lowP May 3,2018
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