HomeMy WebLinkAbout10-00500006- 00074959Lawyers Title Company of Brazos County
1450 Copperfield Parkway
College Station, TX 77845
Phone: 979-776-3600
Fax: 979-776-2383
TITLE REPORT
Date: January 26, 2010
File No.: GF No. M2123
Record Title at the Effective Date Hereof is Vested in:
60-Jones Associates, Ltd.
The Land Referred to In this Report is Described as Follows:
TRACT ONE:
Lot Two (2), Block One (1), Aggieland Business Park, Phase 1, an addition to Brazos
County, Texas, according to the plat recorded in Volume 8562, Page 146, Official
Records of Brazos County, Texas.
TRACT TWO:
Being a portion of the remainder of a 37.658 acre tract or parcel of land lying and being
situated in the J. H. JONES SURVEY, Abstract No. 26, Brazos County, Texas. Said
portion being also known as Lots Three (3) and Four (4), Block One (1), Aggieland
Business Park, according to Preliminary Plat attached hereto as Exhibit "A" and made a
part hereof.
The search contained herein was made with the benefit of Mortgagee Title Policy No.
G82-0404476
The above name(s) and legal description was 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 August 27, 2007 at 10:29 a.m. to January
14, 2010 at 8:00 a.m. and we find no other actions or conveyance affecting the title to
said land from August 27, 2007 at 10:29 a.m. except the following:
• Third Lien Deed of Trust executed by 60-Jones Associates, Ltd., a Texas
limited partnership to Michael R. Rudloff, Trustee for the benefit of The
Brenham National Bank, dated August 14, 2007, recorded in Volume
8204, Page 229, Official Records of Brazos County, Texas (in the amount
of $1,000,000.00).
• Release of Lien executed by The Brenham National Bank to 60-Jones
Associates, Ltd., dated February 18, 2009, recorded in Volume 8967,
Page 228, Official Records of Brazos County, Texas; said document
releases Deed of Trust recorded in Volume 7020, Page 251, Official
Records of Brazos County, Texas.
• Release of Lien executed by The Brenham National Bank to 60-Jones
Associates, ltd, dated February 18, 2009, recorded in Volume 8967, Page
234, Official Records of Brazos County, Texas; said document releases
Deed of Trust recorded in Volume 8030, Page 68, Official Records of
Brazos County, Texas.
Modification Agreement and Renewal and Extention of Real Estate Note
and Liens by and between 60-Jones Associates, Ltd. and The Brenham
National Bank, effective August 14, 2009, recorded in Volume 9315, Page
280, Official Records of Brazos County, Texas; said document modifies
Deed of Trust recorded in Volume 8204, Page 229, Official Records of
Brazos County, Texas.
THIS REPORT IS ISSUED WITH THE EXPRESS UNDERSTANDING, EVIDENCED
BY THE ACCEPTANCE OF SAME, THAT THE UNDERSIGNED, LAWYERS TITLE
COMPANY OF BRAZOS COUNTY 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 FOUNDS OF RECORD PERTAINING TO THE
SUBJECT PROPERTY, AND IT IS EXPRESSLY UNDERSTOOD AND AGREED
THAT THIS REPORT IS NEITHER A GUARANTY OR WARRANTY OF THE TITLE. Y
ACCEPTANCE OF THIS TITLE REPORT, IT IS UNDERSTOOD THAT THE LIABILITY
OF THE ISSUER HEREOF IS EXPRESSLY LIMITED TO $0.00. THIS SEARCH HAS
BEEN LIMITED TO THE ABOVE MATTERS AND THE ABOVE TIME PERIOD AND
LAWYERS TITLE COMPANY OF BRAZOS COUNTY HAS NOT SEARCHED FOR,
NOR HAS 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), AT THE
SPECIFIED PROMULGATED PREMIUM.
OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS, HAVE BEEN
CHECKED THROUGH JANUARY 14, 2010 @ 8:00 a.m.
Lawyers Title Company of Brazos County
ee A. MIkeller