HomeMy WebLinkAboutA010 - Mortgagee's Consent to Platting and Prtial Release of Mortgage dated October 22, 2020 - First National Bank, Ames, Iowa INSTRUMENT PREPARED BY: I Brian D.Torresi 2605 Northridge Pkw .,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 Mortgage given by Pinnacle Properties Ames, L.L.C. dated March 9, 2020, and filed in the office
of the Recorder of Story County, Iowa, on March 10,2020, as Instrument No. 20-02043 ("Mortgage-1"),
and that certain Mortgage given by Pinnacle Properties Ames, L.L.C. dated October 15, 2020,and filed in
the office of the Recorder of Story County, Iowa, on October 15, 2020, as Instrument No. 20-12204
("Mortgage=2")(Mortgage-1 and Mortgage-2 are hereinafter collectively referred to as the "Mortgages"),
and therefore, Mortgagee has an interest in the real property legally described as follows (the "Real
Pro a "):
Parcel "W" a part of the South Half(S'/2) of the Southeast Quarter (SE'/4) of Section
Sixteen(16),and a part of the Northwest Quarter(NW'/4)of the Northeast Quarter(NE'/4)
of Section Twenty-one(21),all in Township Eighty-three(83)North,Range Twenty-four
(24) West of the 5th P.M., Ames, Story County, Iowa, as shown on the Plat of Survey -
Boundary Line Adjustment as attached to the Surveyor's Affidavit recorded on June 23,
2020,as Instrument No. 2020-06792
WHEREAS, the Mortgagee has been requested to consent to the platting of the Real Property to
be known as DOMANI SUBDIVISION FIRST ADDITION,AMES, STORY COUNTY, IOWA, and
to release the liens of said Mortgages 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 the Real Property,
along with other real property, to be known as DOMANI SUBDIVISION FIRST ADDITION, AMES,
STORY COUNTY,IOWA.
2. RELEASE. The Mortgagee does hereby release the liens of the Mortgages as to the real
property legally described as follows:
Lot A, Domani Subdivision First Addition,Ames, Story County,Iowa
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(the "Released Property"), and this instrument constitutes a release of the liens of the Mortgages only as
to the Released Property and shall in no way affect the liens of the Mortgages 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 this2,2—day of October, 2020.
FIRST NATIONAL BANK,AMES, IOWA
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STATE OF IOWA, COUNTY OF STORY, SS:
This record wa acknowledged before me on this 2Z day of October, 2020, by
Z-1-tcas 1 / and the k�j,,�and
respectively,of First National Bank,Ames, Iowa.
Notary Pu lic, State of Iowa
My commission expires ,3 o7vd J
�.� ALTA JILL BAILEY
Commission Number 772844
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