Loading...
HomeMy WebLinkAboutA013 - Attorney's Title Opinion dated May 21, 2018 Prepared by&after recording return to:Christopher R.Pose,317 6`h Ave.,Ste 300,Des Moines,IA 50309(515)243-8157 ATTORNEY'S TITLE OPINION PURSUANT TO CHAPTER 354, CODE OF IOWA May 21, 2018 Re: Menards Subdivision, an Official Plat, City of Ames, Story County, Iowa. To the General Public: The undersigned attorney at law certifies that I have examined the Abstracts of Title of Abstract&Title Services of Story County Abstract No. 1705151226 that has been continued from Root of Title to May 12, 2017 at 8:00 A.M. Also examined were by Stub Abstract of Title No. 1802210298 from May 12, 2017 at 8:00 A.M.to February 20, 2018 and Stub Abstract of Title No. 1804040680 from February 20,2018 at 8:00 A.M. to April 3, 2018 at 8:00 A.M. to the real estate legally described as follows: Parcel"C"in the North Half(Nl/2) of the Northeast Quarter(NEV4) of Section Fourteen(14), Township Eight-three (83)North, Range Twenty-Four(24) West of the 5t'P.M., Ames, Story County, Iowa, as shown on the "Plat of Survey" filed in the office of the Recorder, Story County, Iowa, on March 12, 1993 in Book 11, Page 140; AND Parcel "D"in the Northwest Quarter(NW'/4) of the Northwest Quarter(NW'/4) of Section Thirteen(13)township Eighty-three (83)North, Range Twenty-four(24)West of the 5t'P.M.,Ames, Story County,Iowa,as shown on the "Plat of Survey"filed in the office of the Recorder, Story County, Iowa, on March 12, 1993 in Book 11,Page 140; except the North 50 feet of the NEl/4 of the NE'/4 of Sec. 14, except the West 242.02 feet thereof, and the North 50 feet of the NWl/4 of the NWl/4 of Sec. 13, except the East 83.74 feet thereof, all in T83N-R24W of the 5t'P.M., City of Ames, Story County, Iowa. which real estate is to be platted and known as Menards Subdivision, an Official Plat, City of Ames, Story County, Iowa. May 21, 2018 Page 2 ' The proprietor and record fee titleholder to the property being platted is Menard,Inc., a Wisconsin corporation, subject to the following(all references to recorded documents are in Story County, Iowa): MORTGAGE HOLDERS: None LIENHOLDERS: None ENCUMBRANCES: 1. Easements,terms,conditions,covenants,restrictions and provisions as contained in the Easement Agreement by and between Hickory Park, Inc. and The City of Ames, Iowa dated August 18, 1998,recorded August 28, 1998, as Instrument No. 98-12103. 2. Easement for surface water flowage purposes in favor of the City of Ames, as contained in the Surface Water Flowage Easement, dated January 17, 2007, recorded September 11, 2007, as Instrument No. 07-10828. 3. Easement for access purposes in favor of the City of Ames, as contained in the Permanent Access Easement,dated January 17,2007,recorded September 11,2007,as Instrument No. 07-10830. 4. Terms as contained in an Agreement permitting to rezoning and installation of sidewalks at 530 and 900 Southeast 16th Street in the City of Ames dated May 10,2010, recorded May 18, 2010, as Instrument No. 10-04489. 5. Terms and conditions of the unrecorded Lease or Leases in favor of Outdoor Systems Advertising for billboard purposes on Parcel"C", as evidenced by parcels designated as such and shown on the Story County Assessor tax rolls as mentioned in a Business Entity Warranty Deed dated March 27,2018 and filed on March 29,2018 as Instrument No. 18-02423. 6. Restrictive Use Agreement by and between Hickory Park, Inc. and Menard, Inc. dated March 27, 2018 and recorded March 29, 2018 as Instrument No. 2018-02416. Normal and customary utility easements are not considered encumbrances to be noted in this opinion in accordance with Section 354.11(3) of the Iowa Code. Respectfully submitted, Christopher R. Pose For the Firm CRP/dj p• �