Loading...
HomeMy WebLinkAboutNothing Further CertificateGF No.: 130361 Examiner: Lauren Liljestrand Effective Date: March 6, 2013 NOTHING FURTHER CERTIFICATE STATE OF TEXAS COUNTY OF BRAZOS THIS IS TO CERTIFY: That we have examined the records of the County Clerk of Brazos County, Texas as they are reflected in the geographically indexed title plant of University Title Company as to the following property, to -wit: Tract One: Being all that certain tract or parcel of land lying and being situated in the JAMES ERWIN SURVEY, A-119, Brazos County, Texas and being part of the 208.523 acre tract described in the Deed from Bandura Corporation to Indivisa Corporation recorded In Volume 3812, Page 320 of the Official Records of Brazos County (O.R.B.C.) and being more particularly described by metes and bounds as follows: BEGINNING: at a found 1/2-inch iron rod beside a split cross -tie fence corner marking the North corner of the said 208.523 acre Indivisa tract, the East corner of a county road known as Feather Run (based on a 60-foot width right-of-way described on the QUAIL RUN ESTATES, PHASE I plat recorded in Volume 351, Page 565 of the Brazos County Deed Records), being in the Southwest line of the 20.305 acre John Kemp, at ux tract described In Volume 2561, Page 88 (O.R.B.C.) and being at or near the common most Easterly corner of the W. H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: S 45' 31' 57" E along the Northeast line of the said 208.523 acre Indivisa tract and the Southwest line of the said 20.305 acre Kemp tract for a distance of 604.18 feet, said line being approximately along the Northeast line of the before said JAME,S ERWIN SURVEY and the Southwest line of the CRAWFORD BURNETT SURVEY, A-7 to a found 3/4-inch iron pipe marking the South corner of the said Kemp tract and the West corner of the 39.873 acre David S. Borsack tract described in Volume 3350, Page 238 (O.R.B.C.); THENCE: S 46' 46' 32" E for a distance of 1139.74 feet approximately along a fence on the Northeast line of the said 208.523 acre Indivisa tract to a found 1/2-inch iron rod marking the South corner of the said Borsack tract and the West corner of LAS PALOMAS Subdivision as recorded in Volume 7367, Page 53 (O. R. B.C.); THENCE: S 45' 08' 21" E along the Southwest line of said LAS PALOMAS Subdivision for a distance of 332.60 feet to a found 1/2-inch iron rod marking the South corner of the said LAS PALOMAS Subdivision and the West corner of the 10.43 acre Albert P. Ribisi at ux tract described in Volume 1169, Page 506 (O.R.B.C.); THENCE: S 46' 05' 45" E along the Southwest line of said 10.43 acre Ribisi tract for a distance of 472.51 feet to a found 112•inch iron rod marking the East corner of the said 208.523 acre Indivisa tract, said 1/2- inch iron rod also being In the Northwest line of the called 208.32 acre Grace S. Abbate, et at tract described in Volume 2310, Page 12 (O.R.B.C.); THENCE: S 43146' 58" W for a distance of 2616.19 feet along the common line of the said Grace S. Abbate, et at tract and the Southeast line of the said 208.523 acre Indivisa tract to a found 112-inch iron rod marking the East corner of Lot 7, Block 3 GREAT OAKS SUBDIVISION, PHASE ONE as recorded in Volume 4150, Page 295 (O.R.B.C.); THENCE: along the easterly lines of said GREAT OAKS SUBDIVISION, PHASE ONE for the following twenty-seven (27) calls: 1) N 431 46' 19" W for a distance of 1145.43 feet to a found 1/2-inch iron rod for corner, 2) N 30149' 19" E for a distance of 108.59 feet to a found 1/2-inch iron rod for corner, 3) S 851 31' 13" E fora distance of 119.90 feet to a found 1/2-inch iron rod for corner, 4) N 26' 02' 52" E for a distance of 42.45 feet to a found 1/2-inch iron rod for corner, 5) N 71' 24' 29" W for a distance of 97.67 feet to a found 1/2-inch iron rod for corner, 6) N 43' 32' 40" E for a distance of 135.34 feet to a found 1/2-inch iron rod for corner, 7) N 060 38' 11" W for a distance of 53.14 feet to a found 1/2-inch iron rod for comer, 8) N 78' 43' 42" W for a distance of 403.79 feet to a found 1/2-inch iron rod for corner, 9) N 110 16' 18" E for a distance of 33.49 feet to a found 3/4-inch iron pipe for the Point of Curvature of a curve to the left, 10) 301.20 feet along the are of said curve having a central angle of 35' 34, 5911, a radius of 485.00 feet, a tangent of 155.64 feet and a long chord bearing N 061 31' 11" W at a distance of 296.39 feet to a found 3/4-inch iron pipe for the Point of Tangency, 11) N 24° 18' 41" W for a distance of 133.81 feet to a found 1/2-inch iron rod for comer, 12) N 62' 20' 46" E for a distance of 193.57 feet to a found 1/2-inch iron rod for comer, 13) N 24° 26' 36" W for a distance of 105.77 feet to a found 1/2-inch iron rod for corner, 14) N 380 08' 29" E for a distance of 84.58 feet to a found 1/2-inch iron rod for corner, 15) N 26° 08' 34" W for a distance of 56.18 feet to a found 1/2-inch iron rod for comer, 16) N 590 09' 57" E for a distance of 57.42 feet to a found 1/2-inch iron rod for corner, 17) N 09° 33' 55" W for a distance of 78.40 feet to a found 1/2-inch iron rod for corner, 18) N 41° 53' 11" E for a distance of 52.46 feet to a found 1/2-inch iron rod for corner, 19) N 38° 56' 49" W for a distance ol' 64.04 feet to a found 1/2-inch iron rod for comer, 20) N 270 14' 58" E for a distance of 23.21 feet to a found 1/2-inch iron rod for corner, 21) N 40° 50' 06" W for a distance of 887.38 feet to a found 1/2-inch iron rod for corner, 22) S 43° 38' 40" W for a distance of 270.86 feet to a found 3/4-inch iron pipe for corner, 23) 119.05 feet in a counter -clockwise direction along the are of a curve having a central angle of 12144' 58", a radius of 535.00 feet, a tangent of 59.77 feet and a long chord bearing N 52' 43' 49" W at a distance of 118.80 feet to a found 1/2-inch iron rod for corner, 24) N 15° 37' 38" W for a distance of 50.00 feet to a found 1/2-inch iron rod for comer, 25) N 60° 48' 51" W for a distance of 70.00 feet to a found 1/2-inch iron rod for corner, 26) S 29° 11' 09" W for a distance of 56.64 feet to a found 1/2-inch iron rod for corner and 27) N 460 09' 17" W for a distance of 305.92 feet to a found 1/2-inch iron rod marking the North corner of Lot 8, Block 4 of said GREAT OAKS SUBDIVISION, PHASE ONE, said iron rod also being the Northwest line of the said 208.523 acre Indivisa tract, the Southeast line of the beforementioned QUAIL RUN ESTATES, PHASE 1 and being at or near the common line of the W.H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: N 43° 50' 43" E along the common line of the said 208.523 acre Indivisa tract and QUAIL RUN ESTATES, PHASE; 1 for a distance of 1949.73 feet to the POINT OF BEGINNING and containing 116.352 acres of land, more or less. Tract Two: Being all that certain tract or parcel of land lying and being situated In the JAMES ERWIN SURVEY, A-119, Brazos County, Texas and being part of the 208.523 acre tract described in the Deed from Bandura Corporation to Indivisa Corporation recorded in Volume 3812, Page 320 of the Official Records of Brazos County (O.R.B.C.) and being more particularly described by metes and bounds as follows: BEGINNING: at a found 1/2-inch iron rod In the Northwest line of the said 208,523 acre Indivisa tract, said iron rod marking the West corner of Lot 5, Block 4, GREAT OAKS SUBDIVISION, PHASE ONE as recorded in Volume 4150, Page 295 (O.R.B.C.), being in the Southeast line of QUAIL RUN ESTATES, PHASE I as recorded in Volume 351, Page 585 of the Brazos County Deed Records (B.C.D.C.) and being at or near the common line of the W.H. FRAZIER SURVEY, A-122and the JAMES ERWIN SURVEY, A-119; THENCE: along the Southwesterly lines of said GREAT OAKS SUBDIVISION, PHASE ONE for the following twenty-one (21) calls: 1) S 48' 09' 17" E for a distance of 470.00 feet to a found 1/2-inch iron rod for corner, 2) N 43' 50' 43" E fora distance of 70.24 feet to a found 1/2-inch iron rod for corner, 3) N 881 44' 42" E for a distance of 50.00 feet to a found 1/2-inch iron rod for comer, 4) S 46' 21' 20" E for a distance of 1:34.71 feet to a found 1/2-inch iron rod for corner, 5) S 43' 38' 40" W for a distance of 337.82 feet to a found 1/2-inch iron rod for corner, 6) S 581 31' 24" E for a distance of 153.45 feet to a found 1/2-inch iron rod for corner, 7) S 31° 01' 43" E for a distance of 119.82 feet to a found 12-inch iron rod for comer, 8) S 210 30' 33" E for a distance of 125.64 feet to a found 1/2-inch iron rod for corner, 9) S 08' 48' 25" E for a distance of 55.68 feet to a found 1/2-inch iron rod for corner, 10) S 46° 17' 21" E for a distance of'74.57 feet to a found 1/2-inch iron rod for corner, 11) S 14° 48' 13" E for a distance of 213.25 feet to a found 1/2-inch iron rod for comer, 12) S 28° 13' 28" W for a distance of 28.96 feet to a found 1/2-inch iron rod for corner, 13) S O6° 17' 39" E for a distance of 64.93 feet to a found 1/2-inch iron rod for corner, 14) S 32° 33' 21" E for a distance of 63.84 feet to a found 1/2-inch iron rod for corner, 15) S 01- 54' 21" W for a distance of 49.58 feet to a found 1/2-inch iron rod for corner, 16) S 33° 36' 28" E for a distance of 98.55 feet to a found 1/2-inch iron rod for corner, 17) S 15° 18' 52" E for a distance of 87.02 feet to a found 1/2-inch iron rod for corner, 18) S 61° 28' 13" E for a distance of 64.90 feet to a found 1/2-inch iron rod for corner, 19) S 28° 51' 40" E for a distance of 54.88 feet to a found 1/2-inch iron rod for corner, 20) S 60° 09' 02" E for a distance of 89.23 feet to a found 1/2-inch iron rod for corner, 21) S 08° 40' 58" E for a distance of 72.84 feet to a found 1/2-inch iron rod for comer, 22) S 41° 06' 16" E for a distance of 34.36 feet to a found 1/2-inch iron rod for comer, 23) N 81° 42' 09" E for a distance of 66.96 feet to a found 1/2-inch iron rod for comer, 24) S 17° 01' 27" E for a distance of 76.08 feet to a found 1/2-inch iron rod for corner, 25) S 44° 05' 02" E for a distance of 56.04 feet to a found 1/2-inch iron rod for corner, 26) S 74° 38' 40" E fore distance of 6.4.82 feet to a found 1/2-inch iron rod for corner, 27) S 38° 00' 14" E for a distance of 52.24 feet to a found 1/2-inch iron rod for corner, 28) S 05° 29' 11" E for a distance of 56.96 feet to a found 1/2-inch iron rod for corner, 29) S 63° 18' 50" E for a distance of 47.38 feet to a found 1/2-inch iron rod for corner, 30) S 22° 56' 48" E for a distance of 146.15 feet to a found 1/2-inch iron rod for comer, 31) S 75° 35' 40" W for a distance of 105.23 feet to a found 1/2-inch iron rod for corner, 32) N 44° 43' 14" W for a distance of 110.18 feet to a found 1/24nch iron rod for corner and 33) S 23° 27' 07" W for a distance of 147.76 feet to a found 1/2-inch iron rod marking the most Westerly corner of Lot 7, Block 1 of said GREAT OAKS SUBDIVISION, PHASE ONE, said iron rod also being in the Northeast line of the 104.92 acre M.S. Kavanaugh tract described in Volume 437, Page 581 (B.C.D.R.); THENCE: N 461 21' 20" W along the said Northeast line of the said 104.92 acre Kavanaugh tract for a distance of 1689.1.2 feet to a found 1/2-inch iron rod marking the North corner of the said 104.92 acre Kavanaugh tract and the East corner of Lot 9, HOLT HILLS Subdivision as recorded in Volume 261, Page 887 (B.C.D.R.); THENCE: N 461 38' 45" W for a distance of 626.69 feet along the Northeast line of said Lot 9 HOLT HILLS Subdivision and the lower Northeast right-of-way line of a County Road called Walnut Road (based on a 40' width) to a found 1/2-inch iron rod in the asphalt pavement for an internal ell -corner in said Walnut Road right-of-way, said iron rod being at or near the before -said common line of the W.H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: N 41' 14' 07" E for a distance of 93.34 feet to a found 1/2-inch iron rod marking the East corner of a 0.151 acre Walnut Road right-of-way dedication as shown on the beforementioned QUAIL RUN ESTATES PHASE I Subdivision Plat; THENCE: N 431 50' 43" E along the common line of the said 208.523 acre Indivisa tract and QUAIL RUN ESTATES, PHASE 1 for a distance of 826.03 feet to the POINT OF BEGINNING and containing 31.288 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. And that our records reflect that the following is a true and correct list of documents affecting title to the real property described supra between the dates of March 19, 2012 and March 6, 2013: Correction Special Warranty Deed: Grantor: Lieven J. Van Riet Grantee: BCS Rock Prairie, L.P. Dated: August 21, 2012 Recorded: Volume 11069, Page 98, Official Records, Brazos County, Texas. Deed of Trust to secure a Note: Grantor: BCS Rock Prairie, L.P. Trustee: Tim Jones Beneficiary: First Victoria National Bank Amount: $3,350,000.00 Dated: October 25, 2012 Recorded: Volume 10983, Page 1, Official Records, Brazos County, Texas. This certificate is issued with the express understanding, evidenced by the acceptance of same that the undersigned does not undertake to give or express any opinion as to the validity of the title to the property above, but is simply reporting briefly herein as to the instruments listed above found of record pertaining to said property, and it is expressly understood and agreed that this Certificate is neither a guaranty nor warranty of the title. By acceptance of this Certificate it is understood that the liability of the issuer hereof is expressly limited to the actual monetary consideration paid for same. We have not made any examination as to property taxes, tax suits, special assessments or conflicts. University Title Company i 4 %. By:--- n OF No.: 130361 Examiner: Lauren Liljestrand Effective Date: January 13, 2013 NOTHING FURTHER CERTIFICATE STATE OF TEXAS COUNTY OF BRAZOS THIS IS TO CERTIFY: That we have examined the records of the County Clerk of Brazos County, Texas as they are reflected in the geographically indexed title plant of University Title Company as to the following property, to -wit: Tract One: Being all that certain tract or parcel of land lying and being situated in the JAMES ERWIN SURVEY, A-119, Brazos County, Texas and being part of the 208.523 acre tract described in the Deed from Bandura Corporation to Indivisa Corporation recorded In Volume 3812, Page 320 of the Official Records of Brazos County (O.R.B.C.) and being more particularly described by metes and bounds as follows: BEGINNING: at a found 1/2-inch iron rod beside a split cross -tie fence corner marling the North corner of the said 208,523 acre Indivisa tract, the East corner of a county road known as Feather Run (based on a 60-foot width right-of-way described on the QUAIL RUN ESTATES, PHASE I plat recorded in Volume 351, Page 565 of the Brazos County Deed Records ), being in the Southwest line of the 20.305 acre John Kemp, at ux tract described In Volume 2561, Page 88 (O.R.B.C.) and being at or near the common most Easterly corner of the W. H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: S 450 31' 57" E along the Northeast line of the said 208.523 acre Indivisa tract and the Southwest line of the said 20.305 acre Kemp tract for a distance of 604.18 feet, said line being approximately along the Northeast line of the before said JAMES ERWIN SURVEY and the Southwest line of the CRAWFORD BURNETT SURVEY, A-7 to a found 3/4-inch iron pipe marking the South corner of the said Kemp tract and the West corner of the 39.873 acre David S. Borsack tract described in Volume 3350, Page 238 (O.R.B.C.); THENCE: S 460 46' 32" E for a distance of 1139.74 feet approximately along a fence on the Northeast line of the said 208.523 acre Indivisa tract to a found 1/2-inch iron rod marking the South corner of the said Borsack tract and the West corner of LAS PALOMAS Subdivision as recorded in Volume 7367, Page 53 (O. R. B.C.); THENCE: S 450 08' 21" E along the Southwest line of said LAS PALOMAS Subdivision for a distance of 332.60 feet to a found 1/2-inch iron rod marking the South corner of the said LAS PALOMAS Subdivision and the West corner of the 10.43 acre Albert P. Ribisi at ux tract described in Volume 1169, Page 506 (O.R.B.C.); THENCE: S 460 05' 45" E along the Southwest line of said 10.43 acre Ribisi tract for a distance of 472.51 feet to a found 112-inch iron rod marking the East corner of the said 208,523 acre Indivisa tract, said 1/2- inch iron rod also being In the Northwest line of the called 208.32 acre Grace S. Abbate, et at tract described in Volume 2310, Page 12 (O.R.B.C.); THENCE: S 430 46' 58" W for a distance of 2616.19 feet along the common line of the said Grace S. Abbate, et at tract and the Southeast line of the said 208.523 acre Indivisa tract to a found 112-inch iron rod marking the East corner of Lot 7, Block 3 GREAT OAKS SUBDIVISION, PHASE ONE as recorded in Volume 4150, Page 295 (O.R.B.C.); THENCE: along the easterly lines of said GREAT OAKS SUBDIVISION, PHASE ONE for the following twenty-seven (27) calls: 1) N 430 46' 19" W for a distance of 145.43 feet to a found 1/2-inch iron rod for corner, 2) N 300 49' 19" E for a distance of 108.59 feet to a found 1/2-inch iron rod for corner, 3) S 850 31' 13" E fora distance of 119.90 feet to a found 1/2-inch iron rod for corner, 4) N 26° 02' S2" E for a distance of 42.45 feet to a found 1/2-inch iron rod for corner, 5) N 710 24' 29" W for a distance of 97.67 feet to a found 1/2-inch iron rod for corner, 6) N 430 32' 40" E for a distance of 135.34 feet to a found 1/2-inch iron rod for corner, 7) N 060 38' 11" W for a distance of 53.14 feet to a found 1/2-inch iron rod for comer, 8) N 780 43' 42" W for a distance of 403.79 feet to a found 1/2-inch iron rod for corner, 9) N 110 16' 18" E for a distance of 33,49 feet to a found 3/4-inch iron pipe for the Point of Curvature of a curve to the left, 10) 301.20 feet along the are of said curve having a central angle of 350 34' 59", a radius of 485.00 feet, a tangent of 155.64 feet and a long chord bearing N 060 31' 11" W at a distance of 296.39 feet to a found 3/4-inch iron pipe for the Point of Tangency, 11) N 24° 18' 41" W for a distance of 133.81 feet to a found 1/2-inch iron rod for comer, 12) N 62° 20' 46" E for a distance of 193.57 feet to a found 1/2-inch iron rod for comer, 13) N 24° 26' 36" W for a distance of 105.77 feet to a found 112-inch iron rod for corner, 14) N 38° 08' 29" E for a distance of 84.58 feet to a found 1/2-inch iron rod for corner, 15) N 26° 08' 34" W for a distance of 56.18 feet to a found 1/2-inch iron rod for comer, 16) N 59° 09' 57" E for a distance of 57.42 feet to a found 1/2-inch iron rod for corner, 17) N 09° 33' 55" W for a distance of 78.40 feet to a found 1/2-inch iron rod for corner, 18) N 41° 53' 11" E for a distance of 52.46 feet to a found 1/2-inch iron rod for corner, 19) N 380 56' 49" W for a distance of 64.04 feet to a found 1/2-inch iron rod for comer, 20) N 27° 14' 58" E for a distance of 23.21 feet to a found 1/2-inch iron rod for corner, 21) N 40° 50' 06" W for a distance of 887.38 feet to a found 1/24neb iron rod for corner, 22) S 43° 38' 40" W for a distance of 270.86 feet to a found 3/4-inch iron pipe for corner, 23) 119.05 feet in a counter -clockwise direction along the arc of a enrve having a central angle of 120 44' 58", a radius of 535.00 feet, a tangent of 59.77 feet and a long chord bearing N 520 43' 49" W at a distance of 118.80 feet to a found 1/2-inch iron rod for corner, 24) N 15° 37' 38" W for a distance of 50.00 feet to a found 1/2-inch iron rod for comer, 25) N 60° 48' 51" W for a distance of 70.00 feet to a found 1/2-inch iron rod for corner, 26) S 29° 11' 09" W for a distance of 56.64 feet to a found 1/2-inch iron rod for comer and 27) N 46° 09' 17" W for a distance of 305.92 feet to a found 1/2-inch iron rod marking the North corner of Lot 8, Block 4 of said GREAT OAKS SUBDIVISION, PHASE ONE, said iron rod also being the Northwest line of the said 208.523 acre Indivisa tract, the Southeast line of the beforementioned QUAIL RUN ESTATES, PHASE I and being at or near the common line of the W.H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: N 430 50' 43" E along the common line of the said 208.523 acre Indivisa tract and QUAIL RUN ESTATES, PHASE I for a distance of 1949.73 feet to the POINT OF BEGINNING and containing 116.352 acres of land, more or less. Tract Two: Being all that certain tract or parcel of land lying and being situated In the JAMES ERWIN SURVEY, A-119, Brazos County, Texas and being part of tine 208.523 acre tract described in the Deed from Bandura Corporation to Indivisa Corporation recorded in Volume 3812, Page 320 of the Official Records of Brazos County (O.R.B.C.) and being more particularly described by metes and bounds as follows: BEGINNING: at a found 1/2-inch iron rod In the Northwest line of the said 208.523 acre Indivisa tract, said iron rod marking the West corner of Lot 5, Block 4, GREAT OAKS SUBDIVISION, PHASE ONE as recorded in Volume 4150, Page 295 (O.R.B.C.), being in the Southeast line of QUAIL RUN ESTATES, PHASE I as recorded in Volume 351, Page 585 of the Brazos County Deed Recoils (B.C.D.C.) and being at or near the common line of the W.H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: along the Southwesterly lines of said GREAT OAKS SUBDIVISION, PHASE ONE for the following twenty-one (21) calls: 1) S 480 09' 17" E for a distance of 470.00 feet to a found 1/2-inch iron rod for corner, 2) N 430 50' 43" E fora distance of 70.24 feet to a found 1/2-inch iron rod for corner, 3) N 880 44' 42" E for a distance of 50.00 feet to a found 1/2-inch iron rod for comer, 4) S 460 21' 20" E for a distance of 134.71 feet to a found 1/2-inch iron rod for corner, 5) S 430 38' 40" W for a distance of 337.82 feet to a found 1/2-inch iron rod for corner, 6) S 580 31' 24" E for a distance of 153.45 feet to a found 1/2-inch iron rod for corner, 7) S 310 01' 43" E for a distance of 119.82 feet to a found 12-inch iron rod for comer, 8) S 210 30' 33" E for a distance of 125.64 feet to a found 1/2-inch iron rod for corner, 9) S 080 48' 25" E for a distance of 55.68 feet to a found 1/2-inch iron rod for corner, 10) S 46° 1T 21" E for a distance of 74.57 feet to a found 1/2-inch iron rod for corner, 11) S 14° 48' 13" E for a distance of 213.25 feet to a found 1/2-inch iron rod for comer, 12) S 28° 13' 28" W for a distance of 28.96 feet to a found 1/2-inch iron rod for corner, 13) S 06° 17' 39" E for a distance of 64.93 feet to a found 1/2-inch iron rod for corner, 14) S 32° 33' 21" E for a distance of 63.84 feet to a found 1/2-inch iron rod for corner, 15) S 010 54' 21" W for a distance of 49.58 feet to a found 1/2-inch iron rod for corner, 16) S 330 36' 28" E for a distance of 98.55 feet to a found 1/2-inch iron rod for corner, 17) S 15018' 52" E for a distance of 87.02 feet to a found 1/2-inch iron rod for corner, 18) S 61° 28' 13" E for a distance of 64.90 feet to a found 1/2-inch iron rod for corner, 19) S 28° 51' 40" E for a distance of 54.88 feet to a found 1/2-inch iron rod for corner, 20) S 600 09' 02" E for a distance of 89.23 feet to a found 1/2-inch iron rod for corner, 21) S 08- 40' 58" E for a distance of 72.84 feet to a found 1/2-inch iron rod for comer, 22) S 410 06' 16" E for a distance of 34.36 feet to a found 1/2-inch iron rod for comer, 23) N 810 42' 09" E for a distance of 66.96 feet to a found 1/2-inch iron rod for comer, 24) S 17° 01' 27" E for a distance of 76.08 feet to a found 1/2-inch iron rod for corner, 25) S 44° 05' 02" E for a distance of 56.04 feet to a found 1/2-inch iron rod for corner, 26) S 74° 38' 40" E fore distance of 64.82 feet to a found 1/2-inch iron rod for corner, 27) S 38° 00' 14" E for a distance of 52.24 feet to a found 1/2-inch iron rod for corner, 28) S 050 29' 11" E for a distance of 56.96 feet to a found 1/2-inch iron rod for corner, 29) S 63° 18' 50" E for a distance of 47.38 feet to a found 1/2-inch iron rod for corner, 30) S 220 56' 48" E for a distance of 146,15 feet to a found 1/2-inch iron rod for comer, 31) S 75° 35' 40" W for a distance of 105.23 feet to a found 1/2-inch iron rod for corner, 32) N 44° 43' 14" W for a distance of 110.18 feet to a found 1/2-inch iron rod for corner and 33) S 23° 27' 07" W for a distance of 147.76 feet to a found 1/2-inch iron rod marking the most Westerly corner of Lot 7, Block 1 of said GREAT OAKS SUBDIVISION, PHASE ONE, said iron rod also being in the Northeast line of the 104.92 acre M.S. Kavanaugh tract described in Volume 437, Page 581 (B.C.D.R.); THENCE: N 460 21' 20" W along the said Northeast line of the said 104.92 acre Kavanaugh tract for a distance of 1689.12 feet to a found 1/2-inch iron rod marking the North corner of the said 104.92 acre Kavanaugh tract and the East corner of Lot 9, HOLT HILLS Subdivision as recorded in Volume 261, Page 887 (B.C.D.R.); THENCE: N 460 38' 45" W for a distance of 626.69 feet along the Northeast line of said Lot 9 HOLT HILLS Subdivision and the lover Northeast right-of-way line of a County Road called Walnut Road (based on a 40' width) to a found 1/2-inch iron rod in the asphalt pavement for an internal ell -corner in said Walnut Road right-of-way, said iron rod being at or near the before -said common line of the W.H. FRAZIER SURVEY, A-122 and the JAMES ERWIN SURVEY, A-119; THENCE: N 410 14' 07" E for a distance of 93.34 feet to a found 1/2-inch iron rod marking the East corner of a 0.151 acre Walnut Road right-of-way dedication as shown on tine beforementioned QUAIL RUN ESTATES PHASE I Subdivision Plat; THENCE: N 430 50' 43" E along the common line of the said 208.523 acre Indivisa tract and QUAIL RUN ESTATES, PHASE 1 for a distance of 826.03 feet to the POINT OF BEGINNING and containing 31.288 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. And that our records reflect that the following is a true and correct list of documents affecting title to the real property described supra between the dates of August 1, 2012 and January 13, 2013: Correction Special Warranty Deed: Grantor: Lieven J. Van Riet Grantee: BCS Rock Prairie, L.P. Dated: August 21, 2012 Recorded: Volume 11069, Page 98, Official Records, Brazos County, Texas. Deed of Trust to secure a Note: Grantor: BCS Rock Prairie, L.P. Trustee: Tim Jones Beneficiary: First Victoria National Bank Amount: $3,350,000.00 Dated: October 25, 2012 Recorded: Volume 10983, Page 1, Official Records, Brazos County, Texas. This certificate is issued with the express understanding, evidenced by the acceptance of same that the undersigned does not undertake to give or express any opinion as to the validity of the title to the property above, but is simply reporting briefly herein as to the instruments listed above found of record pertaining to said property, and it is expressly understood and agreed that this Certificate is neither a guaranty nor warranty of the title. By acceptance of this Certificate it is understood that the liability of the issuer hereof is expressly limited to the actual monetary consideration paid for same. We have not made any examination as to property taxes, tax suits, special assessments or conflicts. University Title Company I THE FOLLOWING COMMITMENT FOR TITLE INSURANCE IS NOT VALID UNLESS YOUR NAME AND THE POLICY AMOUNT ARE SHOWN IN SCHEDULE A. AND OUR AUTHORIZED REPRESENTATIVE HAS COUNTERSIGNED BELOW. COMMITMENT FOR TITLE INSURANCE ISSUED BY CHICAGO TITLE INSURANCE COMPANY We, Chicago Title Insurance Company, will issue our title insurance policy or policies (the Policy) to You (the proposed insured) upon payment of the premium and other charges due, and compliance with the requirements in Schedule B and Schedule C. Our Policy will be in the form approved by the Texas Department of Insurance at the date of issuance, and will insure your interest in the land described in Schedule A. The estimated premium for our Policy and applicable endorsements is shown on Schedule D. There may be additional charges such as recording fees, and expedited delivery expenses. This Commitment ends ninety (90) days from the effective date, unless the Policy is issued sooner, or failure to issue the Policy is our fault. Our liability and obligations to you are under the express terms of this Commitment and end when this Commitment expires. CHICAGO TITLE INSURANCE COMPANY Le: o r� = . £ nriEs* � prexwm S T Authorized Signature CONDITIONS AND STIPULATIONS 1. If you have actual knowledge of any matter which may affect the title or mortgage covered by this Commitment, that is not shown in Schedule B, you must notify us in writing. If you do not notify us in writing, our liability, to you is ended or reduced to the extent that your failure to notify us affects our liability. If you do notify us, or we learn of such matter, we may amend Schedule B, but we will not be relieved of liability, already incurred. 2. Our liability is only to you, and others who are included in the definition oflnsured in the Policy to be issued. Our liability is only for actual loss incurred in your reliance on this Commitment to comply with its requirements or to acquire the interest in the land. Our liability is limited to the amount shown in Schedule A of this Commitment and will be subject to the following terms of the Policy: Insuring Provisions, Conditions and Stipulations, and Exclusions.