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Aggieland Title Company
GF# 27160
EXAMINER'S REPORT
RECORD TITLE AT THE EFFECTIVE DATE HEREOF APPEARS TO BE VESTED IN
Brazos Texas Land Development, LLC as to 0.719 acre, Augustus Babille Survey, Abstract No. 75,
Brazos County, Texas
Veerani, L.L.C. as to 0.32 acre, Robert Stevenson League, Abstract No. 54, Brazos County, Texas
THE LAND REFFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS
Metes and bounds description of a 1.04 acre tract or parcel of land lying and being situated in the
AUGUSTUS BABILLE SURVEY, ABSTRACT NO. 75, and the ROBERT STEVENSON LEAGUE,
ABSTRACT NO. 54, City of College Station, Brazos County, Texas. Said tract being all of a called
0.320 acre tract as described by a deed to Veerani, L.L.C. recorded in Volume 7969, page 238 of the
Official Public Records of Brazos County, Texas, all of a called 0.148 acre tract described as Tract One
and all of a called 0.536 acre tract described as Tract Two by a deed to Brazos Texas Land
Development, LLC, recorded in Volume 9468, page 243 of the Official Public Records of Brazos
County, Texas, and all of a called 1524.5 square
14o of the Official Publc Records of Brazos County,
114
Management LP, recorded in Volume 9478, page
Texas.
Said Tract being more particularly described by metes and bounds as follows:
BEGINNING at a 1/2 inch iron rod found marking the Northwest corner of said 0.320 acre tract and the
common corner of Lots 1 and 2, Block 1, Castlegate Business Center, according to the plat recorded in
Volume 5793, page 187 of the Official Public Records of Brazos County, Texas;
THENCE: along the common line of said 0.320 acre tract and said Lot 1, Castlegate Business Center,
for the following calls:
N 42°44'04" E for a distance of 111.37 feet to a 1/2 inch iron rod found;
N 43°54'55" E for a distance of 246.20 feet to a 1/2 inch iron rod found;
N 43°56'45" E for a distance of 218.86 feet to a 1/2 inch iron rod found;
N 43°48'16" E for a distance of 75.27 feet to a 1/2 inch iron rod found on the Southerly line of State
Highway No. 40 (variable R.O.W.) marking the East corner of Said Lot 1, Castlegate Business Center;
3740 Copper field Drive, Suite 101 • Bryan, Texas 77802
Phone (979) 731-8400 • FAX (979) 731-8408
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GF# 27160
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THENCE: S 49°00'05" E along the Southerly line of State 1536 acre tracOt mar a distance of 13.91 feet
rking the most Easterly
to a TXDOT marker found on the Northwest line of said 0
corner of said 0.320 acre tract;
THENCE: N 55°48'47" E along the Southerly line of Stateg w 5 No. 40, sameract bee for a distance orth west
lines of said 0.536 acre tract, said 0.148 acre tract and said square 337.00 feet to a TXDOT brass monument found on the 7574st line of Lot 1, Block 76 of the Official Public Reco ds
Center, Phase 1, according to the plat recorded in V page
of Brazos County, Texas;
, Greens
THENCE: S 41°18'59" W along the common line of said
iron rod found marking thelcommon
Prairie Center, Phase 1, for a distance of 108.61 feet to a razos Texas
corner of said Lot 1 and a called 2.056 acre tract described 126 of the Official PubliceRe~oBd of Brazos
Land Development, LLC recorded in Volume 8813, page
County, Texas, and the most Easterly corner of said 0.148 acre tract; .056
arkin 0.148 acre tract and
acre THENCE: S 46°45'45" W along the common line o said
common cornerlof said 0 148tacre tact
distance of 158.50 feet to a 1/2 inch iron rod found g
and said 0.536 acre tract;
THENCE: S 43°14'52" W along the common line of said 0.536 acre tract and said 2.056 acre tract for a
distance of 360.91 feet to a 1/2 inch iron rod found on the existing Northerly line of Greens Prairie Road
(100' R.O.W.) marking the South corner of said 0.536 acre tract;
THENCE: N 48°48'36" W through the old abandoned right-of-way of Greens Prairie Road and along the
Southwest line of said 0.536 acre tract for a distance of 63.84 feet to a point on the Southeast line of said
0.320 acre tract marking the West corner of said 0.536 acre tract;
THENCE: S 42°35'22" W along the Southeast line of said 0.320 acre tract for a distance of 360.98 feet
to a point on the existing Northwest line of Greens Prairie Road marking the most Southerly corner of
said 0.320 acre tract;
THENCE: N 26°42'10" W along the West end of said 0.320 acre tract for a distance of 28.50 feet to the
POINT OF BEGINNING containing 1.04 acres of land, more or less.
Note: The Company is prohibited from insuring the area or quantity of the land described herein. Any
statement in the above legal description of the area of land is not a representation that such area or
quantity is correct, but is made only for informational and/or identification purposes and does not
override Item No. 2 of Schedule B.
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_AGGIELAND TITLE COMPANY
GF# 27160
RESTRICTIVE COVENANTS:
None
SCHEDULE B EXCEPTIONS
FJ
acvariation, curate andreomadverse plete land surveyanof
a. Any encroachment, encumbrance, violation,
affecting the title that would be disclosed by
the land.
b. Rights of parties in possession.
Acreage in the Augustus Babille Survey
c.
d.
Easement granted to the city of Bryan by Otho Williams and wife, Edna 46William stns
set out in instrument dated January 31, 1950, recorded in Volume 141, page
Deed Records of Brazos County, Texas.
Easement granted to the City of Bryan by Kenrieh l~ ° of thee Deedi instrument d of Brazos
February 9, 1982, recorded in Volume 511, page
County, Texas. (includes all abutting streets, roads or highways)
e. Easement granted to the City of Bryan by J. D Williams, l Jr., et 481as set out Deed
instrument dated January 31, 1950, recorded in Volume Records of Brazos County, Texas.
f. Easement granted to Wellborn Special Utility Dimes t by Education Trust tiona Bankn as set out
Bryan, Texas, Trustee of the Elizabeth M. 30 of the Official
instrument dated January 20, 2000, recorded in Volume 3768, page
Public Records of Brazos County, Texas.
g Easement granted to Wellborn Water Supply Corporation by Mrs. J. D. Williams
408 of the
out in instrument dated September 30, 1968, recorded in Volume 273, page easement partially released as to 62.78
Deed Records of Brazos County, Texas. Said Public Records of Brazos County, Texasg
acres in Volume 3725, page 38 of the Official
set
h. Easement granted to Wellborn Water Supply Corporation by Milton D. Williams a the 435 out in instrument dated March 13, 1984, recorded
Said easement t p894, artial g eleased as to
Official Public Records of Brazos County,
62.78 acres in Volume 3725, page 36 of the Official Public Records of Brazos County,
Texas.
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AGGIELAND TITLE COMPANY
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GF# 27160
conveyance of mineral interest from Myrtle Elizabeth Williams to First National Bank
instrument
i. set
du 6cggion pTrust age 60aof t euOffi id Public
of Bryan, Trustee of the Elizabeth M. Williams
dated December 15, 1999, recorded in Volume p
Records of Brazos County, Texas. Title to said interest has not been investigated
subsequent to date thereof.
Estate created by oil, gas and mineral lease granted to Grand Energy, Inc. by Myrtle
j , a ent
Elizabeth Williams, Individually Ean zabeth Williams by Bsat ume Bd yated Texas as September g16,
and Attorney-in-Fact for Myrtle
1998, recorded in Volume 3258, page 130 of the official Public Records of Brazos lease County, Texas, and all terms, conditions and stipulations
in Vohume 56651 page1d103 of
modified in instrument dated October 8, 2003, recorded
said official Public Records. Title to this lease has not been investigated subsequent to
date thereof.
k. Estate created by oil, gas and mineral lease grant dGrand Energy, Truce Mf the
Elizabeth Williams and the First National Bank of Bryan, Texas, as Co
1998,
Elizabeth M. Williams Education Trust by instrument
Public Re o d pof Brazos6County,
recorded in Volume 3258, page 135 of the Of
Volume 5665id lease being
Texas, and all terms, conditions and stipulations recorded contained
page 103 of
modified in instrument dated October 8, 2003, said Official Public Records. Title to this lease has not been investigated subsequent to
date thereof.
Acreage in the Robert Stevenson League A-54
1 Designation of Property Participating in Regional Storm
and areco ter ded nni Volume dated 7157,
September 30, 2005, executed
Records of Brazos County, oTexas.
page 124, Official
in. Right-of-Way Easement granted to Wellborn Water Supply Corporation by Henry B.
Clay and Nelson D. Durst, Joint Independent Executors f the srates of Edith Ethel
Cavitt, d722 of the set
Records of Brazos County, Texas.
531, page
n. Pipeline Easement granted to Seminole Pipeline Company by Henry B. Clay and th Ethel
Cavitt Nelson D. Durst, Joint Independent Executors of the 1982atreco ded lin Volume 510,
deceased as set out in instrument dated February
page 444 of the Deed Records of Brazos County, Texas.
o. Easement granted to General Telephone Company of the Southwest by United Four
Joint Venture as set out in instrument dated November County, 1984, recorded in Volume
Texas.
745, page 832 of the Official Public Records of Brazos
Mineral Reservation as set out in deed dated September recorded
0, 2005 rom Tme 6959,
P
Crowley to The First National Bank of Bryan, us Texas. Title to this interest not
page 232, Official Public Records of Brazos County,
investigated subsequent to date of said instrument.
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AGGIELAND TITLE COMPANY
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GF# 27160
Mineral Reservation as set out in deed dated December 16, 1982 from Henry B. Clay
avitt,
q
and Nelson D. Durst, Joint Independent Executors of the Estates of Edith Ethel
deceased to United Four Joint Venture, recorded in Volume 564, page
Records of Brazos County, Texas. Title to this interest not investigated subsequent to
date of said instrument.
r. Memorandum of Oil, Gas and Mineral Lease Agreement made and entered into
Pacific as , and 29, 1990 by and between Timothy J. Crowley,
Resources Company as Lessees, said Memorandum of Lease recorded in Volume 1205,
page 135 of the Official Public Records of BrazosCou83t9y, Texas, and as pratifi ages d by
instruments recorded in Volume 1197, pages 83 and , Volume 1220, 311,
313, 315 and 317 and Volume 1667, page 42, Official Public Records of Brazos
County, Texas, and as amended and extended by insstrunts r corded i Volume 1673,
page 276, Volume 1835, page 92 and Volume 183, page 303, Official Records ed in
Volume of Brazos County, Texas; subject to Parti1P blicsRecordsdof Brazos County,4Texase
157 and Volume 2514, page 332, Official
Title to this interest not investigated subsequent to date of said instrument.
S. Royalty Reservation as set out in deed dated an Volume ry 24,14152 pafrom ge 7Robert B.
Waltman, et ux to Timothy J. Crowley recorded
Public Records of Brazos County, Texas. Title to this interest not investigated
subsequent to date of said instrument.
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AGGIELAND TITLE COMPANY
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GF# 27160
CURATIVE MATTERS
a. Deed of Trust dated January 14, 2009 from Veerani, L.L.C. to Steven D. Harper,
Trustee, securing the payment of one note of even date therewith in the principal sum
of $734,500.00, and any other amounts payable under the terms thereof, payable to
Brazos Valley Bank, N.A., filed for record with the County Clerk of Brazos County,
Texas, on January 15, 2009, recorded in Volume 8929, page 59 of the Official Public
Records of Brazos County, Texas. (0.32 acre, Robert Stevenson Survey, A-54)
b. Assignment of Rents, Leases and Other Benefits dated January 14, 2009, by and
between Veerani, L.L.C. and Brazos Valley Bank, N.A. recorded in Volume 8929, page
67, Official Public Records of Brazos County, Texas. (0.32 acre, Robert Stevenson
Survey, A-54)
C. This report does not cover matters of survey, including, but not limited to
discrepancies, conflicts or shortages in area of boundary lines or any encroachments or
protrusions or any overlapping improvement.
d. Standby fees, taxes and assessments have not been investigated.
This report is prepared and delivered with the express understanding and agreement, evidenced by the
acceptance hereof, that the undersigned is not rendering an opinion as to the title to the land under
investigation herein, and while believing its construction of the records as hereinabove set out to be true
and correct, still will incur no liability beyond the fee paid for this report by reason of such construction,
nor will it be liable for any error or omission of any kind whatsoever. This report is prepared for
informational purposes only, exclusively for the party paying the fee.
EXAMINER' SIGNATURE
Preparation Date: September 23, 2010
Effective Date: September 3, 2010
Effective Time: 07:00 a.m.
AGGIELAND TITLE COMPANY Page 6