HomeMy WebLinkAboutTitle Report TITLE REPORT
GF No.: 150407
Certification Date: January 14,2015
Examiner: DEG
Property Description:
All of Tract No.1 of the Texas World Speedway Subdivision,a subdivision In Brazos County,Texas,
according to the Plat thereof filed for record on January 12,1999 and recorded in Volume 3363,Page
196,of the Official Records of Brazos County,Texas,and more particularly described by metes and
bounds as follows:
FIELD Notes of a 9.306 acres tract or parcel of land lying and be situated in the S.D.Smith Survey,A-
210,Brazos County,Texas,and being part of the 604.633 acres tract described in the Deed recorded in
Volume 2093,Page 21,of the Official Records of Brazos County,Texas,said 604.633 acres tract being
part of the 638.872 acres tract described in Deed recorded in Volume 348,Page 870,of the Official
Records of Brazos County,Texas,said 9.306 acres tract being more particularly described as follows:
COMMENCING at a 1/2-inch iron rod found marking the Northwest corner of the 604.633 acres tract,said
iron rod being located in the Northwest line of the 638.872 acres tract,said iron rod being located in the
Northeast right-of-way line of State Highway No.6,said iron rod marking the Northeast corner of a
36.2083 acres tract out of the 638,872 acres tract that was conveyed to the State of Texas for right-of-way
and described in Volume 1015 Page 690,of the Official Records of Brazos County,Texas;
THENCE along the Northeast right-of-way line of State Highway No.6,same being the Southwest lines of
the 604.633 acres tract,for the following calls:
S 45° 10'56"E for a distance of 267.43 feet to a point for angle point;
S 52°16'42"E for a distance of 216.15 feet to a 1/2-inch iron rod set for the PLACE OF BEGINNING of
the herein described tract;
THENCE N 39°14'07"E for a distance of 484.59 feet to a 1/2-inch iron rod net for corner in the
Southeast right-of-way line of a future road;
THENCE along the Southeast right-of-way line of a future road for the following calls:
N 82°08'55"E for a distance of 50.00 feet to a 1/2-inch iron rod set for angle point;
S 86°53'23"E for a distance of 157.52 feet to a 1 12-inch iron rod set for angle point;
S 80°36'52"E for a distance of 522.02 feet to a I/2-inch iron rod set for corner;
THENCE S 41°44'12"W for a distance of 852.80 feet to a 1/2-inch iron rod sot for corner in the
Southwest line of the 604.633 acres tract,same being the Northeast right-of-way line of State Highway
No.6;
THENCE along the Southwest lines of the 604.633 acres tract,same being the Northeast right-of-way line
of State Highway No.6,for the following calls:
N 58°03'09"W for a distance of 69.19 feet to a concrete right-of-way marker found for angle point:
N 52°16'42"W for a distance of 508.91 feet to the PLACE OF BEGINNING containing 9.306 acres of
land,more or less.
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:
Arrowhead Leasing,Inc.
Vesting Deed to owners shown herein was dated January 11,1999 and recorded in Volume 3367,Page
228,Official Records,Brazos County,Texas.
Subject to:
Deed of Trust to secure a Note:
Grantor: Arrowhead Leasing,Inc.
Trustee: Ivan M.Olson
Beneficiary: The Bank&Trust of Bryan/College Station
Amount: $400,000.00
Dated: June 11,2012
Recorded: Volume 10729,Page 48,Official Records,Brazos County,Texas.
Said lien being assigned to The Bank&Trust of Bryan/College Station by Assignment
Dated: June 11,2012
Recorded: Volume 10729,Page 43,Official Records,Brazos County,Texas.
Subordination Agreement recorded June 11,2012,in Volume 10729,Page 38,Official Records,Brazos
County,Texas
Restrictions:
Volume 3363,Page 197(on plat),Official Records,Brazos County,Texas.
Exceptions:
Easements as set out on plat recorded in Volume 3363,Page 197,Official Records,Brazos County,
Texas.
Blanket Easement:
From: S.S.Clay,et ux
To: Humble Pipeline Company
Dated:July 26, 1919
Recorded: Volume 49,Page 194,Deed Records,Brazos County,Texas.
Easement:
From: Texas Speedway Limited Partnership
To: City of Bryan
Dated:June 28,1983
Recorded: Volume 602,Page 49,Official Records,Brazos County,Texas.
Right of Way Easement:
From: Texas Speedway Limited Partnership
To: City of Bryan
Dated:May 4,1984
Recorded: Volume 683,Page 188,Official Records,Brazos County,Texas.
Right of Way Easement:
From: Texas Speedway Limited Partnership
To: City of Bryan
Dated:May 3,1985
Recorded: Volume 802,Page 493,Official Records,Brazos County,Texas.
Right of Way Easement:
From: Texas World Speedway,Inc.and Texas Speedway Limited Partnership
To: Wellborn Water Supply Corporation
Dated:May 15,1985
Recorded: Volume 793,Page 549,Official Records,Brazos County,Texas.
Easement:
From: Texas Speedway Limited Partnership
To: Gulf States Utilities Company
Dated:January 6,1982
Recorded: Volume 506,Page 510,Deed Records,Brazos County,Texas.
Easement:
From: Texas Speedway Limited Partnership
To: Gulf States Utilities
Dated:May 31,1986
Recorded: Volume 1059,Page 585,Official Records,Brazos County,Texas.
Right of Way Easement:
From: Arrowhead Leasing,Inc.
To: Entergy Gulf States
Dated:October 1, 1999
Recorded: Volume 3783,Page 201,Official Records,Brazos County,Texas.
Easement:
From: Arrowhead Leasing,Inc.
To: City of Bryan d/b/a Bryan Texas Utilities
Dated:March 16,2006
Recorded: Volume 7774,Page 129,Official Records,Brazos County,Texas.
Drainage Easement:
From: Texas Speedway Limited Partnership
To: Arrowhead Leasing,Inc.
Dated:January 14,1999
Recorded: Volume 3367,Page 237,Official Records,Brazos County,Texas.
Right of Way Easement:
From: Texas Speedway Limited Partnership
To: Entergy Gulf States,Inc.
Dated:March 1,2004
Recorded: Volume 6506,Page 211,Official Records,Brazos County,Texas.
Right of Way Easement:
From: Texas Speedway Limited Partnership
To: Entergy Gulf States,Inc.
Dated:June 1,2004
Recorded: Volume 6506,Page 223,Official Records,Brazos County,Texas.
Easement:
From: Raceway Limited Partnership
To: Aquila Southwest Pipeline Corp.
Dated:June 13,1994
Recorded: Volume 2168,Page 43,Official Records,Brazos County,Texas.
Mineral Reservation in Deed:
By: Texas Speedway Limited Partnership
To: Arrowhead Leasing,Inc.
Dated: January 11,2009
Recorded: Volume 3367,Page 228,Official Records,Brazos County,Texas. Title to said interest has not
been investigated subsequent to the date of the aforesaid instrument.
Royalty Reservation in Deed:
By: J.E.Marsh,Jr.,et al
To: Michigan International Speedway,Inc.
Dated: March 19,1969
Recorded: Volume 277,Page 78,Deed Records,Brazos County,Texas. Title to said interest has not
been investigated subsequent to the date of the aforesaid instrument.
1/2 Royalty Reservation in Deed:
By: C.E.Yoakam and wife,Ruth Yoakam
To: J.E.Marsh
Dated: March 28,1947
Recorded: Volume 127,Page 419,Deed 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
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