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HomeMy WebLinkAboutTitle Report • TITLE REPORT GF No.: 150761 Certification Date: February 4,2015 Examiner: DEG Property Description: Being a tract of land containing,8.407 acres,in the Maria Kegans Survey.A-28 and being the remainder of a called 9.0 acre tract as recorded in Vol. 120.Page 300,and being the same tract of land as recorded in Vol.319, Page 542,of the Brazos County Deed Records(B.C.D.R.). All bearings of this survey are referenced to the Texas State Plane Coordinate System.Central Zone,NAD83(2011)Epoch 2010,and boundary based on found iron rods as surveyed on the ground on April 10th of 2014.This description is also referred to the plat prepared by ATM Surveying,Project No.2014-0489.and being more particularly described as follows: BEGINNING at a 1/2"iron rod with red plastic cap marked"SM KLING-RPLS 2003"found for the West corner of this tract,also being a point on the Northeast line of the Kenneth A.&Barbara Dooley 3.05 acre tract,as recorded in Vol.406, Page 64.of the B.C.D.R..also being the South corner of the Dana Karin Rosberg Copus called 15.78 acre tract,as recorded in Vol.7267,Page 226,of the B.C.O.R. THENCE North 42°23'57"East,a distance of 951.88 feet along the common line between this tract and said Copus tract to a 1/2"iron rod with red plastic cap marked"SM KLING RPLS 2003"found for the North corner of this tract,also being the East corner of said Copus tract,also being a point on the Southwest line of State Highway 30(R.O.W.varies); THENCE along the common line between this tract and said State Highway 30 around a curve to the right having a delta angle of 08°10'04",an arc distance of 394.85 feet,a radius of 2769.79 feet,and a chord of South 42°54'34"East.a distance of 394.52 feet to a 1/2"iron rod with a maroon plastic cap marked "RPLS 6132-ATM SURV"set for the East corner of this tract,at the intersection of said State Highway 30 and the Northwest line of Roans Chapel Road(60'R.O.W.)(approximate 60'R.O.W.); THENCE South 42°35'33"West,a distance of 908.60 feet along the common line between this tract and said Roans Chapel Road to a 1/2"iron rod found for the South corner of this tract,also being the East corner of the Melinda Pittman called 2.536 acre tract,called Lot 7B, Block 2,of the Rainbow Acres,as recorded in Vol.3877,Page 110,of the Brazos County Official Records; THENCE North 49°13'05"West,a distance of 390.29 feet along the common line between this tract and said Pittman and said Dooley tracts to the PLACE OF BEGINNING containing 8.407 acres. NOTE: The Company is prohibited from insuring the area or quantity of 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. Title Vested In: KWK Ventures,LP,a Texas Limited Partnership;and JDMD Development, LLC,a Texas Limited Liability Company Vesting Deed to owners shown herein was dated July 31,2014 and recorded in Volume 12185,Page 262, Official Records,Brazos County,Texas. Prior deed is dated July 23,2014 and recorded in Volume 12162,Page 209,Official Records, Brazos County,Texas. Prior deed is dated August 28, 1973 and recorded in Volume 319,Page 542,Deed Records,Brazos County,Texas. Subject to: Deed of Trust to secure a Note: Grantor: KWK Ventures,LP,a Texas Limited Partnership;and JDMD Development,LLC,a Texas Limited Liability Company Trustee: Cully Lipsey Beneficiary: Phillip David Bairrington Amount: $385,000.00 Dated: July 31,2014 Recorded: Volume 12185, Page 266,Official Records,Brazos County,Texas. Restrictions: None of Record Exceptions: Right of Way Easement: From: McGee Enterprises, Inc.,et al To: City of Bryan Dated:January 30, 1988 Recorded: Volume 1075, Page 801,Official Records, Brazos County,Texas. Easement: From: Susan Vogt To: Ferguson Burleson County Gas Gathering System Dated:April 4, 1992 Recorded: Volume 1723,Page 109,Official Records,Brazos County,Texas. Mineral Reservation in Deed: By: Susan McGee Vogt and Durwood Thompson,Jr. To: Joe McGee Dated: July 23,2014 Recorded: Volume 12162,Page 209,Official Records,Brazos County,Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. Mineral Reservation in Deed: By: Joe McGee,et ux To: JDMD Development,LLC,et al Dated: July 31,2014 Recorded: Volume 12185,Page 262,Official Records,Brazos County,Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. Amended Memorandum of Oil and Gas Lease,and all terms,conditions and stipulations therein: Lessor: Durwood Thompson,Jr.,et al Lessee: Twin Energy Dated: December 11,2013 Recorded:Volume 11851,Page 3,Official Records,Brazos County,Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. Upon examination of the public records Brazos County,Texas,we find no exception to title of the subject property other than those shown above. This Title Report is issued with the express understanding,evidenced by acceptance of same,that the liability of the undersigned is limited to the actual monetary consideration paid for same. University Title Company