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HomeMy WebLinkAboutTitle ReportAggieland Title Comp@ny GF# 28328 EXAMINER'S REPORT RECORD TITLE AT THE EFFECTIVE DATE HEREOF APPEARS TO BE VESTED IN John A. Malley and Jennifer B. Todd THE LAND REFFERRED TO IN THIS REPORT IS DESCRIBED AS FOLLOWS METES AND BOUNDS DESCRIPTION OF ALL THAT CERTAIN TRACT OR PARCEL OF LAND LYING AND BEING SITUATED IN THE JAMES C. STUTEVILLE LEAGUE, ABSTRACT NO. 216, BRAZOS COUNTY, TEXAS. SAID TRACT BEING A PORTION OF THE REMAINDER OF A CALLED 359.07 ACRE TRACT AS DESCRIBED BY A DEED TO JOHN A. MALLEY AND JENNIFER B. TODD RECORDED IN VOLUME 7427, PAGE 198 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS, AND A PORTION OF THE REMAINDER OF A CALLED 12.9075 ACRE TRACT AS DESCRIBED BY A DEED TO JOHN A. MALLEY AND JENNIFER B. TODD RECORDED IN VOLUME 7427, PAGE 210 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS. SAID TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING AT A %Z INCH IRON ROD FOUND ON THE NORTHEAST LINE OF THE REMAINDER OF A RAILROAD RIGHT -OF -WAY MARKING THE SOUTH CORNER OF LOT 103, BLOCK 8, SADDLE CREEK SUBDIVISION, PHASE 7B, ACCORDING TO THE PLAT RECORDED IN VOLUME 10229, PAGE 235 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS, AND A NORTHWEST CORNER OF SAID REMAINDER OF 12.9075 ACRE TRACT; THENCE: N 60'40'43" E ALONG THE COMMON LINE OF SAID LOT 103, SAID REMAINDER OF 12.9075 ACRE TRACT AND SAID REMAINDER OF 359.07 ACRE TRACT, AT 292.50 FEET PASS A '/2 INCH IRON ROD FOUND ON THE SOUTHWEST LINE OF RANCH HOUSE ROAD (70' R.O.W.) MARKING THE EAST CORNER OF SAID LOT 103, CONTINUE ON ACROSS THE PLATTED END OF RANCH HOUSE ROAD FOR A TOTAL DISTANCE OF 362.50 FEET TO THE NORTHEAST LINE OF RANCH HOUSE ROAD; THENCE: N 29° 19' 17" W ALONG THE NORTHEAST LINE OF RANCH HOUSE ROAD FOR A DISTANCE OF 21.08 FEET TO THE BEGINNING OF A CLOCKWISE CURVE HAVING A RADIUS OF 25.00 FEET; THENCE: ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 90° 00'00" FOR AN ARC DISTANCE OF 39.27 FEET (CHORD BEARS: N 15° 40'43" E - 35.36 FEET) TO THE END OF SAID CURVE ON THE SOUTHEAST LINE OF STETSON DRIVE (70' R.O.W.); 3740 Copperfield Drive, Suite 101 • Bryan, Texas 77802 Phone (979) 731 -8400 • FAX (979) 731 -8408 GF# 28328 • THENCE: ALONG THE SOUTHEAST LINE OF STETSON DRIVE FOR THE FOLLOWING CALLS: N 60 40' 43" E FOR A DISTANCE OF 476.61 FEET TO THE BEGINNING OF A COUNTERCLOCKWISE CURVE HAVING A RADIUS OF 535.00 FEET; ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 17 44' 12" FOR AN ARC DISTANCE OF 165.62 FEET (CHORD BEARS: N 51° 48' 36" E - 164.96 FEET) TO THE END OF SAID CURVE; N 42 56' 30" E FOR A DISTANCE OF 112.10 FEET TO THE BEGINNING OF A CLOCKWISE CURVE HAVING A RADIUS OF 25.00 FEET; ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 90 00'00" FOR AN ARC DISTANCE OF 39.27 FEET (CHORD BEARS: N 87° 56' 30" E - 35.36 FEET) TO THE PLATTED END OF SADDLE CREEK DRIVE (100' R.O.W.) MARKING THE END OF SAID CURVE; THENCE: THROUGH SAID REMAINDER OF 359.07 ACRE TRACT FOR THE FOLLOWING CALLS: S 47 03'30" E FOR A DISTANCE OF 132.66 FEET; S 04 20'08" W FOR A DISTANCE OF 78.99 FEET; S 36 44'58" E FOR A DISTANCE OF 181.52 FEET; S 40 11' 18" E FOR A DISTANCE OF 90.89 FEET; S 14 40'42" E FOR A DISTANCE OF 98.95 FEET; S 04 56'03" W FOR A DISTANCE OF 54.09 FEET; S 33 38'17" E FOR A DISTANCE OF 176.02 FEET; S 19 58'25" W FOR A DISTANCE OF 86.78 FEET; S 15 47'09" E FOR A DISTANCE OF 116.40 FEET; S 26 36'47" W FOR A DISTANCE OF 70.81 FEET; N 81 31' 40" W FOR A DISTANCE OF 51.19 FEET; S 04 49' 37" W FOR A DISTANCE OF 126.62 FEET; S 26 06'42" E FOR A DISTANCE OF 99.37 FEET; S 20 33'13" W FOR A DISTANCE OF 220.72 FEET; AGGIELAND TITLE COMPANY Page 2 GF# 28328 • S 18 39'32" W FOR A DISTANCE OF 283.34 FEET; S 10 26' 34" E FOR A DISTANCE OF 101.71 FEET; S 76 04'53" W FOR A DISTANCE OF 61.02 FEET; N 61 35'22" W FOR A DISTANCE OF 165.45 FEET; N 50 25'02" W FOR A DISTANCE OF 109.73 FEET; N 32 07'17" W FOR A DISTANCE OF 101.38 FEET; • S 60 35'46" W FOR A DISTANCE OF 287.76 FEET TO THE COMMON LINE OF SAID REMAINDER OF 12.9075 ACRE TRACT AND SAID REMAINDER OF RAILROAD RIGHT -OF -WAY; THENCE: N 29° 19' 17" W ALONG THE SOUTHWEST LINE OF SAID REMAINDER OF 12.9075 ACRE TRACT FOR A DISTANCE OF 1138.75 FEET TO THE POINT OF BEGINNING CONTAINING 32.032 ACRES OF LAND, MORE OF LESS. AGGIELAND TITLE COMPANY Page 3 GF# 28328 . 0 RESTRICTIVE COVENANTS: None SCHEDULE B EXCEPTIONS a. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the land. b. Easements or claims of easements which are not recorded in the public records of Brazos County, Texas. C. Memorandum of Ground Lease dated June 20, 2006, by and between John A. Malley and Jennifer B. Todd, as Lessors and Saddle Creek Partners, LTD, as Lessee, recorded in Volume 7427, page 277 of the Official Public Records of Brazos County, Texas. d. Easement granted to Wellborn Water Supply Corporation by J. C. Wade as set out in instrument dated August 17, 1971, recorded in Volume 303, page 385 of the Deed Records of Brazos County, Texas. e. Temporary Access Easement granted to The Public, et al by John A. Malley and Jennifer B. Todd as set out in instrument dated May 28, 2009, recorded in Volume 9136, page 133 of the Official Public Records of Brazos County, Texas. f. Easement granted to Saddle Creek Homeowners Association and adjoining land owners by John A. Malley and Jennifer B. Todd as set out in instrument dated May 28, 2009, recorded in Volume 9136, page 140 of the Official Public Records of Brazos County, Texas. g. Royalty interest in all of the oil, gas and other minerals in and under the herein described property assigned to Kenneth M. Robison by Louise Wade, individually and as Executrix of the Estate of J. C. Wade and as Trustee /Guardian, Eugene Wade, individually and as Trustee /Guardian, and AnnaBelle Wade, individually in instrument dated July 7, 1983, recorded in Volume 601, page 417 of the Official Public Records of Brazos County, Texas. Title to this interest not investigated subsequent to date of said instrument. h. Mineral Reservation as set out in deed dated June 30, 2006 from Minnie Louise Wade aka Louise S. Wade and Annie Belle Wade to John A. Malley and Jennifer B. Todd, recorded in Volume 7427, page 198, Official Public Records of Brazos County, Texas. Title to this interest not investigated subsequent to date of said instrument. AGGIELAND TITLE COMPANY Page 4 ' GF# 28328 i. Estate created by oil, gas and mineral lease granted to Peter Paul Petroleum Company by Louise Wade, individually and as Executrix of the Estate of J. C. Wade and as Trustee /Guardian; Eugene Wade, individually and as Trustee /Guardian; and Annabelle Wade, individually by instrument dated July 1, 1983, recorded in Volume 604, page 437 of the Official Public Records of Brazos County, Texas, and all terms, conditions and stipulations contained therein. Title to this lease has not been investigated subsequent to date thereof. Estate created by oil, gas and mineral lease granted to Union Pacific Resources Company by Louise S. Wade, Annie Belle Wade, Steven Ray Wade, Bradley C. Wade, Richard Eugene Wade, individually and as trustee for Laura Audnette Wade by instrument dated July 31, 1990, recorded in Volume 1209, page 244 of the Official Public Records of Brazos County, Texas, and all terms, conditions and stipulations contained therein. Title to this lease has not been investigated subsequent to date thereof. Said lease ratified in instrument dated December 1, 1993, recorded in Volume 1978, page 143 of said Official Public Records. k. Corrected Memorandum of Oil, Gas and Mineral Lease dated February 16, 2001, by and between Louise, S. Wade, James Eugene Wade, Annie Belle Wade, Steven Ray Wade, Bradley C. Wade, Richard Eugene Wade, Laura Audnette Crenshaw and Lometa Petroleum Corporation, recorded in Volume 4313, page 311 of the Official Public Records of Brazos County, Texas. Title to this interest not checked subsequent to date of said instrument. Said lease ratified in instrument dated September 7, 2001, recorded in Volume 4313, page 314 of said Official Public Records. 1. Rights of parties in possession. AGGIELAND TITLE COMPANY Page 5 GF# 28328 4) 1 0 CURATIVE MATTERS a. Vendor's Lien retained in deed dated June 30, 2006 from Minnie Louise Wade aka Louise S. Wade and Annie Belle Wade to John A. Malley and Jennifer B. Todd recorded in Volume 7427, page 198, securing the payment of one note of even date therewith in the principal sum of $970,000.00, payable to Capital Farm Credit, FLCA, and additionally secured by Deed of Trust of even date therewith executed by Jennifer B. Todd and John A. Malley to Ben R. Novosad, Trustee, said deed of trust filed for record with the County Clerk of Brazos County, Texas on July 5, 2006 and recorded in Volume 7427, page 215 of the Official Public Records of Brazos County, Texas. b. 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. C. 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. EXAMINFRI SIGNATUO Preparation Date: Effective Date: Effective Time: October 12, 2011 October 3, 2011 7:00 a.m. AGGIELAND TITLE COMPANY Page 6