HomeMy WebLinkAboutTitle ReportG.F. No.: 00112915
Certification Date: August 4, 2011
Examiner: arb
TITLE REPORT for UNIVERSITY TITLE COMPANY
1021 University Dr. East, College Station, Texas 77840
Property Description:
Metes and bounds description of all that certain tract of land lying and being situated in the Morgan Rector
League, Abstract No. 46, College Station, Brazos County, Texas. Said Tract being all of a called 4.00 acre
tract (Tract 1) and all of a called 1.05 acre tract (Tract 2) described by a deed to Herbert Cole and wife,
Golda Cole, recorded in Volume 299, Page 129 of the Deed Records of Brazos County, Texas.
Said tract being more particularly described by metes and bounds as follows:
BEGINNING at an "X" set in concrete on the northeast line of State Highway No. 6 - Earl Rudder Freeway
(right -of -way width varies) marking the southwest corner of the replat of North Forest Subdivision, Lot 1,
Block 1, according to the plat recorded in Volume 8214, Page 235 of the Official Public Records of Brazos
County, Texas;
THENCE: N 83° 08' 31" E along the southeast line of said replat for a distance of 643.15 feet to a 1/2 inch
iron rod found marking an east corner of said replat and a west corner of the Greenways dedication area,
North Forest Subdivision according to the plat recorded in Volume 6004, Page 130 of the Official Public
Records of Brazos County, Texas;
THENCE: S 06° 44' 27" E along the southwest line of said Greenways dedication area, at 375.30 feet pass a
3/8 inch iron rod found marking a common corner of said Greenways Dedication area and a 7.0 acre tract
of land described by a deed to the City of College Station, recorded in Volume 4592, Page 215 of the Official
Public Records of Brazos County, Texas, continue on for a total distance of 412.46 feet to a point on the
high bank of a creek marking the east corner of this herein described tract;
THENCE: Along the high bank of said creek for the following calls:
N 51" 07' 48" W for a distance of 69.36 feet to a point;
N 48° 46' 07" W for a distance of 63.07 feet to a point;
N 74° 09' 54" W for a distance of 107.57 feet to a point;
N 80° 31' 09" W for a distance of 75.33 feet to a point;
S 89° 47' 02" W for a distance of 98.15 feet to a point;
S 76° 44' 11" W for a distance of 45.66 feet to a point;
S 81° 19' 38" W for a distance of 31.39 feet to a point;
S 49° 06' 26" W for a distance of 14.94 feet to a point;
S 23° 15' 41" W for a distance of 27.36 feet to a point;
S 03° 39' 16" W for a distance of 47.66 feet to a point;
S 15° 24' 43" E for a distance of 70.77 feet to a point;
S 35° 37' 29" E for a distance of 42.60 feet to a point;
S 48° 57' 11" W for a distance of 23.44 feet to a point;
S 56° 34' 09" W for a distance of 58.17 feet to a point;
S 78° 92' 48" W for a distance of 49.27 feet to a point;
S 82° 12' 14" W for a distance of 48.69 feet to a point;
THENCE: S 81° 26' 48" W leaving said high bank for a distance of 46.20 feet to a 5/8 inch iron rod set on
the northeast line of State Highway No. 6 marking the southwest corner of this herein described tract;
TIIENCE: N 05° 17' 29" W along the northeast line of State Highway No. 6 for a distance of 480.00 feet to
the POINT OF BEGINNING containing 5.045 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 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 does not
override Item 2 of Schedule B hereof.
Title Vested In:
Muco Verde, LLC
Vesting Deed is dated July 23, 2008 and recorded in Volume 8730, Page 49, Official Records of Brazos County,
Texas.
Subject To:
Deed of Trust to secure a Note:
Grantor: Muco Verde, LLC
Trustee: Steven D. Harper
Beneficiary: Brazos Valley Bank, N.A.
Amount: $293,250.00
Dated: July 23, 2008
Recorded: Volume 8730, Page 53, Official Records, Brazos County, Texas.
Said Note being additionally secured by Assignment of Rents and Leases:
Dated: July 23, 2008
Recorded: Volume 8730, Page 61, Official Records, Brazos County, Texas.
Extension:
Dated: July 23, 2009
Recorded: Volume 9301, Page 231, Official Records, Brazos County, Texas.
Extension:
Dated: July 23, 2010
Recorded: Volume 9848, Page 68, Official Records, Brazos County, Texas.
Extension:
Dated: October 23, 2010
Recorded: Volume 9985, Page 1, Official Records, Brazos County, Texas.
Record a Release of Financing Statement:
Debtor: Muco Verde, LLC
Secured Party: Brazos Valley Bank, N.A.
Recorded: July 29, 2008 under Clerk's File No. 08- 0025333579 with the Secretary of State of Texas.
Restrictions:
None
Exceptions:
Easement Agreement for Reciprocal Access by and between:
Parties: Herbert Cole and wife, Golda Cole and Muco Verde, LLC
Dated: October 26, 2006
Recorded: Volume 7669, Page 189, Official Records, Brazos County, Texas.
Easement:
From: Ed Kapchinski
To: Humble Pipe Line Company
Dated: July 22, 1919
Recorded: Volume 49, Page 31, Deed Records, Brazos County, Texas.
Changes in area or boundary lines by reason of erosion, avulsion or accretion caused by Bee Creek, which forms a
boundary of the tract insured herein.
Apparent City of College Station sewer easement bisects tract, no recorded instrument found.
Minerals and/or Royalties:
Mineral and Water Reservation in Deed:
By: Herbert Cole et ux
To: Muco Verde, LLC
Dated: July 23, 2008
Recorded: Volume 8730, Page 49, 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: Herbert Cole, et ux
Lessee: Central Plains Oil & Gas Corp
Dated: September 13, 1991
Recorded: Volume 1369, Page 251, Official Records, Brazos County, Texas. Title to said interest has not
been investigated subsequent to the date of the aforesaid instrument.
Amended
Dated: October 12, 1993
Recorded: Volume 1960, Page 266, Official Records, Brazos County, Texas.
Upon examination of the public records of 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