HomeMy WebLinkAboutNothing Further LetterLAWYERS TITLE ComPANY
OF BRAZOS COUNTY
1450 COPPERFIELD PARKWAY
COLLEGE STATION, TEXAS 77845
(979) 776-3600
FAX (979) 776-3700
NOTHING FURTHER LETTER
DATE: July 3, 2012 FILE NO: M2288
TO: Doug Dabbs
Title Houston Holdings
7500 San Felipe
Suite 1020
Houston, TX 77063
Delivery: Via email: ddabbs@titlehoustonholdings.com
RE: College Station Properties, LP;
Capstone - CS, LLC
TITLE APPEARS TO BE VESTED IN:
1. CAPSTONE - CS, LLC, an Alabama limited liability company, by virtue
of a Warranty Deed executed by TLS Properties, Ltd., a Texas limited
partnership, dated December 15, 2008, recorded in Volume 8900, Page
148, Official Records of Brazos County, Texas. The interest held being
a remainder portion of the 120.76 Acre tract of land therein described,
and referenced in this report as attached "Exhibit A". Said remainder
portion includes, but may not be limited to, the following tracts of
land:
A. All of Lot 1, Block 5 (Common Area), THE COTTAGES OF COLLEGE
STATION SUBDIVISION, PHASE IA, according to the Plat thereof, recorded
in volume 10704, Page 40, Official Records of Brazos County, Texas,
B. Lot 1, Block 3, THE COTTAGES OF COLLEGE STATION SUBDIVISION,
PHASE 1, according to the Plat thereof, recorded in volume 10119, Page
231, Official Records of Brazos County, Texas.
Page Two
C. Lot 2, Block 1, THE COTTAGES OF COLLEGE STATION SUBDIVISION,
PHASE 1, according to the Plat thereof, recorded in volume 10119, Page
231, Official Records of Brazos County, Texas, SAVE & EXCEPT therefrom,
that certain 41.577 Acre tract described in a Deed to College Station
Properties, LP, a Delaware limited partnership, dated April 28, 2011,
recorded in Volume 10131, Page 246, Official Records of Brazos County,
Texas. Said SAVE & EXCEPT parcel being more particularly described
herein as attached "Exhibit B".
2. COLLEGE STATION PROPERTIES, LP, a Delaware limited partnership, by
virtue of a Warranty Deed executed by Capstone - CS, LLC, an Alabama
limited liability company, dated April 28, 2011, recorded in Volume
10131, Page 246, Official Records of Brazos County, Texas. Said tract
being more particularly described herein as attached "Exhibit B"
THE ABOVE NAME(S) AND LEGAL. DESCRIPTIONS (ATTACHED HERETO) WERE
SEARCHED FOR DEEDS, DEEDS OF TRUST, MECHANICS LIENS, JUDGMENTS, FEDERAL
TAX LIENS, STATE TAX LIENS, AND ALL OTHER FILINGS IN THE OFFICIAL
RECORDS WHICH WOULD AFFECT TITLE, FROM NOVE14BER 30, 2010@ 7:OOAM, TO
JUNE 25, 2012, AT 7:00 AM AND WE FIND NO OTHER ACTIONS OR CONVEYANCE
AFFECTING THE TITLE TO SAID LAND FROM NOVE14BER 30, 2010 EXCEPT THE
FOLLOWING:
1. FINAL PLAT, THE COTTAGES OF COLLEGE STATION SUBDIVISION, PHASE 1,
RECORDED ON APRIL 19, 2011 IN VOLUME 10119, PAGE 231, OFFICIAL
RECORDS OF BRAZOS COUNTY, TEXAS.
2. SPECIAL WARRANTY DEED EXECUTED BY CAPSTONE - CS, LLC, TO COLLEGE
STATION PROPERTIES, LP, DATED APRIL 28, 2011, RECORDED IN VOLUME
10131, PAGE 246, OFFICIAL RECORDS OF BRAZOS COUNTY, TEXAS.
3. DRAINAGE EASEMENT AGREEMENT EXECUTED BY AND BETWEEN CAPSTONE -
CS, LLC, AND COLLEGE STATION PROPERTIES, LP, DATED APRIL 28,
2011, RECORDED IN VOLUME 10131, PAGE 253, OFFICIAL RECORDS OF
BRAZOS COUNTY, TEXAS.
4. IRRIGATION AND DRAINAGE EASEMENT AGREEMENT EXECUTED BY AND
BETWEEN CAPSTONE - CS, LLC, AND COLLEGE STATION PROPERTIES, LP,
DATED APRIL 28, 2011, RECORDED IN VOLUME 10131, PAGE 273,
OFFICIAL RECORDS OF BRAZOS COUNTY, TEXAS,
5. DEED OF TRUST, SECURITY AGREEMENT AND ASSIGNMENT OF RENTS AND
LEASES EXECUTED BY COLLEGE STATION PROPERTIES, LP, DATED APRIL
28, 2011, RECORDED IN VOLUME 10132, PAGE 1, OFFICIAL RECORDS OF
BRAZOS COUNTY, TEXAS.
6, UCC FINANCING STATEMENT FROM COLLEGE STATION PROPERTIES, LP, TO
REGIONS BANK, AS ADMINISTRATIVE AGENT, RECORDED ON APRIL 29, 2011
IN VOLUME 10132, PAGE 39, OFFICIAL RECORDS OF BRAZOS COUNTY,
TEXAS.
7. PARTIAL RELEASE OF PAVING LIEN EXECUTED BY CITY OF COLLEGE
STATION, DATED APRIL 26, 2011, RECORDED IN VOLUME 10132, PAGE 43,
OFFICIAL RECORDS OF BRAZOS COUNTY, TEXAS.
8. PARTIAL RELEASE OF LIEN EXECUTED BY TLS PROPERTIES, LTD. TO
CAPSTONE - CS, LLC, DATED APRIL 27, 2011, RECORDED IN VOLUME
10132, PAGE 53, OFFICIAL RECORDS OF BRAZOS COUNTY, TEXAS.
9. AGREEMENT OF MODIFICATION OF PROMISSORY NOTE AND LIENS SECURING
THE SAME, EXECUTED BY AND BETWEEN CAPSTONE - CS, LLC, AND TLS
PROPERTIES, LTD., DATED DECEMBER 15, 2011, RECORDED IN VOLUME
10474, PAGE 122, OFFICIAL RECORDS OF BRAZOS COUNTY, TEXAS.
10. FINAL PLAT, LOT 1, BLOCK 5 (COMMON AREA), THE COTTAGES OF COLLEGE
STATION SUBDIVISION, PHASE 1A, RECORDED ON MAY 31, 2012 IN VOLUME
10704, PAGE 40, OFFICIAL RECORDS OF BRAZOS COUNTY, TEXAS.
THE INFORMATION FURNISHED HEREIN IS ON REAL PROPERTY ONLY; TAXES ON THE
SUBJECT PROPERTY, INCLUDING REAL, MINERAL OR PERSONAL, HAVE NOT BEEN
INVESTIGATED; SAID INFORMATION FURNISHED DOES NOT INCLUDE PERSONAL
PROPERTY, AND NO LIABILITY IS ASSUMED HEREIN WITH REGARD TO MINERAL
AND/OR PERSONAL PROPERTY TAXES.
THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND THE INFORMATION
CONTAINED HEREIN SHALL NOT BE RELIED ON THE ISSUANCE OF ANY TITLE
INSURANCE POLICY. IN THE EVENT THERE ARE LIEN(S) SHOWN HEREIN, THE
UNDERSIGNED MAKES NO REPRESENTATIONS TO THE STATUS OF ANY EXISTING
LIENS.
THE LIABILITY OF LAWYERS TITLE COMPANY OF BRAZOS COUNTY IN THIS
CONNECTION IS LIMITED TO $150.00, BEING THE CHARGE MADE FOR THIS
REPORT.
WITNESS OUR HAND AND CORPORATE SEAL AT BRYAN, TEXAS, THIS THE 3-D DAY OF
JULY, 2012.
LAWYERS TITLE COMPANY OF BRAZOS COUNTY
BY:
AEA_
Certified Abstract Examination Associate, by
The Texas Land Title Association
(property Legal Description Exhibits attached as Pages Four through
Eight)