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HomeMy WebLinkAboutA009 - Attorney's Opinion dated September 3, 2019 ATTORNEY'S OPINION 1,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 to the following-described real estate, to-wit: Outlot XX, Quarry Estates Subdivision Third Addition,Ames, Story County, Iowa (the"Real Estate")from the root of the title thereof,down to and including the 12th day of August, 2019 at 8:00 a.m., 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 QUARRY ESTATES SUBDIVISION FOURTH 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 The Quarry Estates,L.L.C. The Real Estate is subject to easements of record and to zoning ordinances of the City of Ames, Iowa, as well as the following: 1. Open-End Real Estate Mortgage dated October 26, 2005, in favor of Ames Community Bank and filed in the office of the Recorder of Story County, Iowa,on October 27, 2005, as Instrument No. 05-13509; 2. Open-End Real Estate Mortgage dated June 5,2015,in favor of VisionBank of Iowa and filed in the office of the Recorder of Story County, Iowa, on June 17, 2015, as Instrument No. 15-05420; 3. Agreement Pertaining to the Release of Service Territory Rights and Covenant for Assessment dated December 11,2013,and filed in the office of the Recorder of Story 0 County, Iowa, on January 29, 2014, as Instrument No. 14-00783; 4. Zoning Agreement for Adoption of the Master Plan for Quarry Estates Subdivision 907 W. 190ffi Street dated October 14,2014,and filed in the office of the Recorder of Story County, Iowa, on October 27, 2014, as Instrument No. 14-09612; and 5. Open-End Mortgage dated June 27,2019,in favor of VisionBank of Iowa and filed in the office of the Recorder of Story County, Iowa, on June 28, 2019, as Instrument No. 19-05456. Dated this 3rd day of September, 2019. DAVIS BROWN LAW FIRM By: `- Brian D. Torresi, Attorney Iowa Title Guaranty Member No. 10046