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HomeMy WebLinkAboutTitle Report TITLE REPORT GF No.: 143628 Certification Date: July 31,2014 Examiner: ARB Property Description: First Tract: Being all of Lot One(1),Block One(1),Greens Prairie Center, Phase 1,an Addition to the City of College Station,Brazos County,Texas,according to the plat thereof recorded in Volume 7574,Page 76 of the Official Public Records of Brazos County,Texas. Second Tract: Metes and bounds description of all that certain tract or parcel of land lying and being situated in the Augustus Babille Survey,Abstract No.75,College Station,Brazos County,Texas.Said Tract being a portion of the original apparent right-of-way of Greens Prairie Road(by prescriptive rights-no dedication found of record),said right-of-way being a portion of a called 89.964 acre tract as described by a Deed to Milton D.Williams recorded in Volume 277,Page 389 of the Deed Records of Brazos County,Texas. Said Tract being more particularly described by metes and bounds as follows: BEGINNING at a 1/2 inch iron rod found on the Southeast line of the original Greens Prairie Road marking the North corner of a portion of the remainder of a called 10.0 acre tract as described by a Deed to Kenneth Wolf recorded in Volume 265,Page 539 of the Deed Records of Brazos County,Texas,and the West corner of Lot 1,Block 1,Greens Prairie Center,Phase 1,according to the Plat recorded in Volume 7574,Page 76 of the Official Public Records of Brazos County,Texas; THENCE:N 48°38'23"W through the original right-of-way of Greens Prairie Road and along the extension of the common line of said remainder of 10.0 acre tract and said Lot 1 for a distance of 28.07 feet to a point marking the West corner of this herein described tract,for reference a TxDot monument found bears:S 55°48'47"W for a distance of 224.85 feet; THENCE:N 55°48'47"E continuing through the original right-of-way of Greens Prairie Road for a distance of 112.15 feet to a TxDot brass monument found on the Northwest line of said Lot 1; THENCE:S 41°18'59"W along the Northwest line of said Lot 1 for a distance of 108.61 feet to the POINT OF BEGINNING,containing 1524.5 square feet 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: Brazos Texas Land Development,LLC Vesting Deed to owners shown herein was dated May 17,2010 and recorded in Volume 9643,Page 151, Official Records,Brazos County,Texas. Subject to: Abstractor's Note: Record a Quit Claim Deed from the City of College Station for that portion of Greens Prairie Road described herein as Tract 2. Restrictions: Tract One: Volume 7574,Page 76(on plat),Official Records,Brazos County,Texas. Exceptions: Easements as shown on plat recorded in Volume 7574,Page 76,Official Records,Brazos County,Texas. (Tract 1) Easement: From: Elizabeth M.Williams Education Trust To: City of Bryan Dated:May 20,2003 Recorded: Volume 5356,Page 176,Official Records,Brazos County,Texas. (Tract 1) Easement: From: Timothy J.Crowley To: City of College Station Dated:January 26,2004 Recorded: Volume 5876,Page 289,Official Records,Brazos County,Texas. (Tract 1) Easement: From: Timothy J.Crowley To: City of College Station Dated:January 26,2004 Recorded: Volume 5876,Page 292,Official Records,Brazos County,Texas. (Tract 1) Mineral Reservation in Deed: By: Elizabeth M.Williams Education Trust To: Timothy J.Crowley Dated: July 9,2003 Recorded: Volume 5440,Page 147,Official Records,Brazos County,Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. (Tract 1) 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 TITLE REPORT GF No.: 143629 Certification Date: July 31,2014 Examiner: SNV Property Description: Lot One(1),Block One(1),Caprock Crossing Phase 5,City of College Station,according to the plat thereof recorded in Volume 11752,Page 292,Official Records,Brazos County,Texas. Title Vested In: Brazos Texas Land Development,LLC,a Texas Limited Liability Company Subject to: Deed of Trust,Security Agreement and UCC Financing Statement for Fixture Filing to secure a Note: Grantor: Brazos Texas Land Development,LLC,a Texas limited liability company Trustee: David Zalman Beneficiary: Prosperity Bank Amount: $1,882,285.00 Dated: July 17,2014 Recorded: Volume 12157,Page 37,Official Records,Brazos County,Texas. Said Note being additionally secured by Collateral Assignment of Leases: Dated: July 17,2014 Recorded: Volume 12157,Page 47,Official Records,Brazos County,Texas. Restrictions: None of Record Exceptions: Easement: From: J.D.Williams,Jr.,et ux To: City of Bryan Dated: January 31,1950 Recorded: Volume 141,Page 481,Deed Records,Brazos County,Texas. Easement: From: Otho Williams,et ux To: City of Bryan Dated: January 31,1950 Recorded: Volume 141,Page 467,Deed Records,Brazos County,Texas. Easement: From: Kenneth Wolf To: City of Bryan Dated: February 9,1982 Recorded: Volume 511,Page 193,Deed Records,Brazos County,Texas. Easement: From: Kenneth Wolf To: Wellborn Water Supply Corporation Dated: March 14,1984 Recorded: Volume 894,Page 441,Official Records,Brazos County,Texas. 15'Water Line Easement on the northwest side: From: Norma C.Wolf To: Wellborn Special Utility District Dated: March 15,1999 Recorded: Volume 3645,Page 278,Official Records,Brazos County,Texas. 10'Electrical Easement on the northeast side: From: Norma Hagler To: City of Bryan d/b/a Bryan Texas Utilities Dated: February 6,2003 Recorded: Volume 5149,Page 9,Official Records,Brazos County,Texas. Easement: From: Brazos Texas Land Development,LLC To: Public Dated:February 19,2014 Recorded: Volume 11870,Page 204,Official Records,Brazos County,Texas. Mineral Reservation in Deed: By: Norma C.Wolf a/k/a Norma Hagler,joined pro forma herein by my husband,Roy W.Hagler To: Brazos Texas Land Development,LLC,a Texas limited liability company Dated: September 23,2008 Recorded: Volume 8813,Page 126,Official Records,Brazos County,Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. Oil and Gas Lease,and all terms,conditions and stipulations therein: Lessor: Kenneth Wolf,et ux Lessee:W.K.Walker&Associates Dated: August 9,1993 Recorded: Volume 1877,Page 118,Official Records,Brazos County,Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. Oil and Gas Lease,and all terms,conditions and stipulations therein: Lessor: Kenneth Wolf,et ux Lessee:Grand Energy,Inc. Dated: July 28,1998 Recorded: Volume 3226,Page 15,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