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HomeMy WebLinkAboutA005 - Attorney's Opinion dated February 3, 2017 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,Ames, Story County,Iowa. I further state that I have examined the Abstract of Title, in one (1)part, to the following-described real estate,to-wit: Lot Five(5), Block Three(3), Landfill Addition to Ames, Story County, Iowa (the"Real Estate")from the root of the title thereof, down to and including the 24th day of January, 2017,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 LDY SUBDIVISION FIRST 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 LDY, LLC. The Real Estate is free from encumbrances excepting, however, the following: 1. Easements of record and to zoning ordinances of the City of Ames, Iowa; and 2. That certain Open-End Real Estate Mortgage given to Exchange State Bank dated February 10,2016, and filed in the office of the Recorder of Story County,Iowa,on February 10, 2016, as Instrument No. 16-01102. Dated this 3rd day of February, 2017. DAVIS BROWN LAW FIRM 00 By: Brian D. Torresi, Attorney Iowa Title Guaranty Member No. 10046