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HomeMy WebLinkAboutTitle Report Brazos CountyAbstract Company "More Than 140 Years of Title Service" P.O. Box 4704 Phone: (979) 731-1900 3800 Cross Park Drive Bryan, Texas 77805-4704 Fax: (979) 731-1381 Bryan, Texas 77802 BCAC GF NO. BC1403177 Title Report Prepared 12/16/2014 for Heath G. Townsend P. O. Box 11897 College Station, Texas 77842-1897 Heath G. Townsend P. O. Box 11897 College Station, Texas 77842-1897 Heath G. Townsend P. O. Box 11897 College Station, Texas 7842-1897 "Experience Matters" Brazos Comity Abstract Company "More Than 140 Years of Title Service" TITLE REPORT Effective Date: December 15,2014 at 8:00 am GF NO: BC1403177 LEGAL DESCRIPTION: Being all that certain lots,tracts or parcels of land lying and being situated in Brazos County, Texas and being Lots Thirteen(13)and Fourteen(14),BlockThree(3),WILLIAMS CREEK SUBDIVISION,PHASE 3,an addition to the City of College Station,Texas, according to plat recorded in Volume 7249,page 292, Official Records of Brazos County,Texas. TITLE APPEARS TO BE VESTED IN: Heath G. Townsend and wife,Cheryl C. Townsend by Warranty Deed from Heath Townsend Homes, LP,dated November 17,2014 and recorded in Volume 12377, page 8, Official Records of Brazos County, Texas. SUBJECT TO: LIENS: Deed of Trust dated November 17,2014,executed by Heath G. Townsend and wife,Cheryl C. Townsend to Ivan M. Olson,Trustee, securing one note of even date payable to The Bank&Trust of Bryan/College Station, in the principal amount of$680,000.00,recorded in Volume 12377, page 122, Official Records of Brazos County, Texas. ABSTRACTS OF JUDGMENTS/FEDERAL AND/OR STATE LIENS: None of Record. EASEMENTS: Easements as shown of record on plat of Williams Creek Subdivision, Phase 3, recorded in Volume 7249,page 292, Official Records of Brazos County,Texas. Reservation of water well rights in Correction Deed from Carol M. Anderson to C.M. Anderson Properties, Ltd., dated March 1, 1995, recorded in Volume 2323, page 47, Official Records of Brazos County,Texas. OUTSTANDING MINERALS AND/OR ROYALTIES: Mineral Deed from Alta W. McCullough to Jean McCullough Stephen, et al, dated May 18, 1976, recorded in Volume 357, page 556, Deed Records of Brazos County, Texas. Title to this mineral interest has not been traced subsequent to the date of the above-cited instrument. Mineral Deed from Alta W. McCullough to Jean McCullough Stephen, et al, dated December 27, 1976, recorded in Volume 365, page 649, Deed Records of Brazos County, Texas. Title to this mineral interest has not been traced subsequent to the date of the above-cited instrument. Terms and conditions contained in Stipulation of Interest by and between Alta W. McCullough and Jean McCullough Stephen, et al, dated September 30, 1981, recorded in Volume 500, page 188,Deed Records of Brazos County,Texas. Mineral Deed and Royalty Transfer from Alta Williams McCullough to Jean McCullough Stephen, et al, dated September 12, 1983, recorded in Volume 608, page 18, Official Records of Brazos County, Texas. Title to this mineral conveyance has not been traced subsequent to the date of the above-cited instrument. Mineral conveyance from Joe Stanley Stephen to Jean McCullough Stephen, dated November 15, 1989, recorded in Volume 1207, page 733, Official Records of Brazos County, Texas. Title to this mineral conveyance has not been traced subsequent to the date of the above-cited instrument. Disclaimer and Quitclaim of mineral interest from Fred G. Anderson to Carol McCullough Anderson, dated December 12, 1991, recorded in Volume 1425, page 174, Official Records of Brazos County,Texas. Mineral reservation in Correction Deed from Carol M. Anderson to C.M. Anderson Properties, Ltd., dated March 1, 1995, recorded in Volume 2323, page 47, Official Records of Brazos County, Texas. Title to this reservation has not been traced subsequent to the date of the above-cited instrument. Mineral reservation in Correction Deed from Jean Stephen to Stan and Jean Stephen Family No. Two, L.P., dated June 20, 2000, recorded in Volume 3882, page 330, Official Records of Brazos County, Texas. Title to this reservation has not been traced subsequent to the date of the above- cited instrument. Mineral reservation and water rights retained in Correction Deed from Jean Stephen Family No. Two, L.P., et al to Joe and Janet Johnson Land and Investments, L.P., dated February 14, 2005 to be effective May 12, 2004, recorded in Volume 6525, page 227, Official Records of Brazos County, Texas. Title to this reservation has not been traced subsequent to the date of the above- cited instrument. OIL& GAS LEASES: Estate created by Oil and Gas Lease from Carol McCullough Anderson, Trustee of the Suzanne Carol Stephen Trust to Roundtop Energy Corporation, dated January 10, 1990, recorded in Volume 1172, page 243, Official Records of Brazos County, Texas; Amendment And Ratification recorded in Volume 1425,page 177, Volume 1436, page 204 and Volume 1444,page 215, Official Records of Brazos County, Texas. Title to this lease has not been traced subsequent to the date of the above-cited instrument. Estate created by Oil and Gas Lease from Jean McCullough Stephen, Trustee of the Keith Alan Anderson Trust to Roundtop Energy Corporation, dated January 10, 1990, recorded in Volume 1172,page 258,Official Records of Brazos County, Texas;Amendment And Ratification recorded in Volume 1425, page 177, Volume 1436, page 204 and Volume 1444,page 215, Official Records of Brazos County, Texas. Title to this lease has not been traced subsequent to the date of the above-cited instrument. Estate created by Oil and Gas Lease from Jean McCullough Stephen, et vir, et al to Roundtop Energy Corporation, dated January 10, 1990, recorded in Volume 1172, page 273, Official Records of Brazos County, Texas; Amendment And Ratification recorded in Volume 1425, page 177, Volume 1436, page 204 and Volume 1444, page 215, Official Records of Brazos County, Texas; Ratification recorded in Volume 1444, page 220, Official Records of Brazos County, Texas.. Title to this lease has not been traced subsequent to the date of the above-cited instrument. RESTRICTIONS OF RECORD: Terms,provisions,covenants,conditions,and restrictions,easements,charges,assessments and liens provided in the Covenants,Conditions and Restrictions recorded in Volume 7251,page 161, Official Records of Brazos County,Texas,but omitting any covenant,condition or restrictions, if any,based on race,color,religion, sex,handicap, familial status or national origin unless and only to the extent that the covenant,condition or restrictions(a)is exempt under Title 42 of the United States Code, or(b)related to handicap, but does not discriminate against handicapped persons. TAXES/ASSESSMENTS: None Requested. MISCELLANEOUS: Terms,conditions and stipulations contained in Closing Agreement dated May 10, 2004 to be effective May 12, 2004, by and between Jean Stephen Family No. Two, L.P. et al, and Joe and Janet Johnson Land and Investments, L.P., recorded in Volume 6041, page 179, Official Records of Brazos County, Texas. Special provisions contained in Correction Deed from Jean Stephen Family No. Two, L.P. et al to Joe and Janet Johnson Land and Investments, L.P. dated February 14, 2005 but effective May 12, 2004, and recorded in Volume 6525, page 227, Official Records of Brazos County,Texas. Niagroo The terms, conditions and stipulations contained in the Declaration of Covenants, Conditions and Restrictions, executed by Johnson Investments, Inc., dated April 11, 2006, recorded in Volume 7251, page 161, Official Records of Brazos County,Texas, and Management Certificate recorded in Volume 11789,page 76,Official Records of Brazos County,Texas. Maintenance charge as set forth in the Declaration of Covenants,Conditions and Restrictions, executed by Johnson Investments,Inc.,dated April 11,2006,recorded in Volume 7251,page 161, Official Records of Brazos County, Texas. THIS TITLE REPORT IS ISSUED WITH THE EXPRESS UNDERSTANDING,EVIDENCED BY THE ACCEPTANCE OF SAME THAT THE UNDERSIGNED, Brazos County Abstract Company DOES NOT UNDERTAKE HEREIN TO GIVE OR EXPRESS ANY OPINION AS TO THE VALIDITY OF THE TITLE TO THE PROPERTY ABOVE DESCRIBED,NOR AS TO THE VALIDITY OF ANY OF THE INSTRUMENTS REPORTED HEREIN,INCLUDING THE PURPORTED DEED(S)ESTABLISHING THE RECORD OWNER(S)CITED ABOVE,BUT IS SIMPLY REPORTING BRIEFLY HEREIN AS TO THE INSTRUMENTS FOUND OF RECORD PERTAINING TO SAID PROPERTY,AND IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT THIS TITLE REPORT IS NEITHER A GUARANTY NOR WARRANTY OF THE TITLE.BY ACCEPTANCE OF THIS TITLE REPORT IT IS UNDERSTOOD THAT THE LIABILITY OF THE ISSUER HEREOF IS EXPRESSLY LIMITED TO THE ACTUAL MONETARY CONSIDERATION PAID FOR SAID REPORT BY Heath G. Townsend P. O. Box 11897 College Station, Texas 77842-1897.THIS SEARCH HAS BEEN LIMITED TO THE ABOVE MATTERS AND THE ABOVE TIME PERIOD;AND WE HAVE NOT SEARCHED FOR,NOR HAVE REFLECTED HEREIN,ANY EXAMINATION AS TO TAX SUITS, SPECIAL ASSESSMENTS,CONFLICTS OR OTHER INSTRUMENTS WHICH MAY AFFECT TITLE TO THE SUBJECT PROPERTY. IF TITLE INSURANCE COVERAGE, WHICH IS NOT PROVIDED BY THIS REPORT,IS NEEDED,SAID COVERAGE IS AVAILABLE THROUGH THE APPLICABLE PROMULGATED POLICY(IES),AND AT A SPECIFIED RATE PREMIUM. Brazos County Abstract Company 464111111.°17(C2‘41 BY: Please direct inquiries to: June Van Etten