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HomeMy WebLinkAboutA007 - Attorney's Opinion dated February 19, 2020 2020-02877 SURV 04/01/2020 09:57,16 AM Page 9 of 16 w 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: Outlots U and V, Scenic Valley Subdivision Fourth Addition, Ames, Story County, Iowa (the"Real Estate")from the root of the title thereof,down to and including the 14th day of February, 2020,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 SCENIC VALLEY 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 Hunziker Development Group,LLC. 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. That certain Open-End Real Estate Mortgage in the amount of S1,335,000.00 given to VisionBank of Iowa,dated May 11,2018,and filed in the office of the Recorder of Story County, Iowa, on June 8, 2018, as Instrument No. 18-04938; and 2. That certain Agreement Pertaining to the Release of Service Territory Rights and Covenant for Assessment given to Xenia Rural Water District dated January 17, 2014, and filed in the office of the Recorder of Story County, Iowa, on January 29, 2014, as Instrument No. 14-00791, as supplemented by that certain Supplement to Release of Service Territory Rights Agreement dated May 2, 2014, and filed in the office of the 2020-02877 SURV 04/01/2020 09:57:16 AM Page 10 of 16 Recorder of Story County, Iowa, on August 14, 2015, as Instrument No. 15-07891. Dated this 19th day of February, 2020. DAVIS BROWN LAW FIRM By: Brian D. Torresi, Attorney Iowa Title Guaranty Member No. 10046