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HomeMy WebLinkAboutNothing Further Certificate GF Number: 00080797 Effective Date: February 11,2008 Examiner: NBD NOTHING FURTHER CERTIFICATE STATE OF TEXAS COUNTY OF BRAZOS THIS IS TO CERTIFY: That we have examined the records of the County Clerk of Brazos County,Texas as they are reflected in the geographically indexed title plant of University Title Company as to the following property,to- wit: Being two tracts out of and a part of River Oaks Subdivision, City of College Station, Texas, according to plat thereof recorded in Volume 8194, Page 181 of the Official Records of Brazos County,Texas;and being further described as: Tract One: Metes and bounds description of all that certain tract or parcel of land lying and being situated in the Morgan Rector League, Abstract No. 46, College Station, Brazos County, Texas. Said tract being a portion of a called 12.97 acres tract as described by a Deed to Starfish Development-River Oaks, L.P., recorded in Volume 8130, Page 282 of the Official Public Records of Brazos County, Texas. Said tract being more particularly described by metes and bounds as follows: COMMENCING at a 1/2 inch iron rod found on the northwest line of Holleman Drive (80' R.O.W.)marking the south corner of said 12.97 acre tract and the east corner of a called 8.21 acre tract as described by a Deed to Rose-Arbors, L.P., recorded in Volume 3780, Page 244 of the Official Public Records of Brazos County,Texas; THENCE: N 49°28'20" W along the common line of said 12.97 acre tract and said 8.21 acre tract for a distance of 338.62 feet to the POINT OF BEGINNING of this herein described tract; THENCE: N 49°28'20"W continuing along the common line of said 12.97 acre tract and said 8.21 acre tract for a distance of 124.40 feet to a 1/2 inch iron rod found marking the north corner of said 8.21 acre tract; THENCE: S 42°08'02"W continuing along the common line of said 12.97 acre tract and said 8.21 acre tract for a distance of 44.99 feet to a 1/2 inch iron rod found marking the east corner of the remainder of a called 12.18 acre tract as described by a Deed to Lacour Investments,recorded in Volume 398,Pae 768 of the Deed Records of Brazos County,Texas; THENCE: N 49°37' 16" W along the common line of said 12.97 acre tract and said remainder of 12.18 acre tract for a distance of 140.29 feet to a point marking the most westerly corner of this herein described tract; THENCE: through said 12.97 acre tract for the following calls: N 36°37'49"E for a distance of 218.22 feet to a point; S 82°55'53"E for a distance of 546.07 feet to a point; N 47°07' 11"E for a distance of 145.24 feet to a point; S 68°34'52" E for a distance of 50.79 feet to a point; N 87°19' 14"E for a distance of 147.88 feet to a point; N 83°12'01"E for a distance of 47.33 feet to a point; S 29°05' 05" E for a distance of 24.24 feet to a point marking the beginning of a counterclockwise curve having a radius of 1045.00 feet; Along said curve 10.00 feet from and parallel to the northwest line of Holleman Drive through a central angle of 19° 17' 16" for an arc distance of 351.78 feet (Chord bears: S 51° 16' 17" W - 350.12 feet)to the ending point of said curve: S 41°38'40"W 10.00 feet from and parallel to the northwest line of Holleman Drive,for a distance of 41.15 feet to a point; N 48°21'21"W for a distance of 78.33 feet to a point; N 82°53'41"W for a distance of 303.78 feet to a point; S 41°38'35" W for a distance of 211.07 feet to the POINT OF BEGINNING containing 3.675 acres of land,more or less. Tract Two: Metes and bounds description of all that certain tract or parcel of land lying and being situated in the Morgan Rector League, Abstract No. 46, College Station, Brazos County, Texas. Said tract being a portion of a called 12.97 acre tract as described by a Deed to Starfish Development-Rive Oaks, L.P., recorded in Volume 7596, Page 257 of the Official Public Records of Brazos County, Texas. Said tract being more particularly described by metes and bounds as follows: COMMENCING at a 1/2 inch iron rod found on the northwest line of Holleman Drive (80' R.O.W.)marking the south corner of said 12.97 acre tract and the east corner of a called 8.21 acre tract as described by a Deed to Rose-Arbors, L.P., recorded in Volume 3780, Page 244 of the Official Public Records of Brazos County,Texas; THENCE: N 49°28'20" W along the common line of said 12.97 acre tract and said 8.21 acre tract for a distance of 262.31 feet to the POINT OF BEGINNING of this herein described tract; THENCE: N 49°28'20"W continuing along the common line of said 12.97 acre tract and said 8.21 acre tract for a distance of 76.31 feet to a point,for reference a 1/2 inch iron rod found marking the north corner of said 8.21 acre tract bears: N 49°28'20"W for a distance of 124.40 feet; THENCE: through said 12.97 acre tract for the following calls: N 41°38'35"E for a distance of 211.07 feet to a point; S 82°53'41"E for a distance of 91.56 feet to a point; S 41°27'08"W for a distance of 261.49 feet to the POINT OF BEGINNING containing 0.412 of an acre of land,more or less. NOTE:The Company is prohibited from insuring the area or quantity of the land described herein. Any statement in the above legal description of the area or quantity of land is not a representation that such area or quantity is correct, but is made only for informational and/or identification purposes. and that our records reflect that the following is a true and correct list of documents affecting title to the real property described supra between the dates of September 1,2007 and February 11,2008: Deed of Trust Security Agreement,Financing Statement and Assignment of Rents to secure a Note: Grantor: Starfish Development-River Oaks,L.P.,a Texas limited partnership Trustee: Ronnie Paulger Beneficiary: Commerce National Bank,a branch of Lubbock National Bank Amount: $6,321,850.00 Dated: September 21,2007 Recorded: Volume 8263,Page 1,Official Records,Brazos County,Texas. Said Note being additionally secured by Assignment of Rents and Leases: Dated: September 21,2007 Recorded: Volume 8263,Page 38,Official Records,Brazos County,Texas. This certificate is issued with the express understanding,evidenced by the acceptance of same that the undersigned does not undertake to give or express any opinion as to the validity of the title to the property above,but is simply reporting briefly herein as to the instruments listed above found of record pertaining to said property,and it is expressly understood and agreed that this Certificate is neither a guaranty nor warranty of the title. By acceptance of this Certificate it is understood that the liability of the issuer hereof is expressly limited to the actual monetary consideration paid for same. We have not made any examination as to property taxes,tax suits,special assessments or conflicts. University Title Company (rdf)