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HomeMy WebLinkAboutTitle Report • • • • • Aggieland Title Company GF# 29196 EXAMINER'S REPORT RECORD TITLE AT THE EFFECTIVE DATE HEREOF APPEARS TO BE VESTED IN Alan R. Morgan and Sandra Morgan as to 1.066 acres (to be known as Lot 151, Block 6, Saddle Creek Subdivision, Phase 8) John A. Malley and Jennifer B. Todd as to the remainder 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 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 Y2 INCH IRON ROD FOUND ON THE EXTENSION OF THE NORTHEAST LINE OF SADDLE CREEK DRIVE (100' R.O.W.) MARKING THE SOUTH CORNER OF LOT 149R, BLOCK 6, SADDLE CREEK SUBDIVISION, PHASE 7B, ACCORDING TO THE PLAT RECORDED IN VOLUME 10508, PAGE 28 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS; THENCE: N 26° 36' 17" E ALONG THE COMMON LINE OF SAID LOT 149R AND SAID REMAINDER OF 359.07 ACRE TRACT FOR A DISTANCE OF 288.41 FEET TO A Y2 INCH IRON ROD FOUND MARKING THE EAST CORNER OF SAID LOT 149R; THENCE: THROUGH SAID REMAINDER OF 359.07 ACRE TRACT FOR THE FOLLOWING CALLS: N 04° 36' 40" E FOR A DISTANCE OF 152.31 FEET; N 39° 56' 29" E FOR A DISTANCE OF 297.02 FEET; N 72° 04' 01" E FOR A DISTANCE OF 489.83 FEET; 3740 Copperfeld Drive, Suite 101 • Bryan, Texas 77802 Phone (979) 731 -8400 • FAX (979) 731 -8408 GF# 29196 • 1 N 64° 28' 11" E FOR A DISTANCE OF 1 10.61 FEET; S 34° 26' 02" E FOR A DISTANCE OF 108.96 FEET TO THE COMMON LINE OF SAID REMAINDER OF 359.07 ACRE TRACT AND DUCK HAVEN, PHASE 5, ACCORDING TO THE PLAT RECORDED IN VOLUME 8629, PAGE 105 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS; THENCE: S 41° 55' 14" W ALONG THE COMMON LINE OF SAID REMAINDER OF 359.07 ACRE TRACT AND DUCK HAVEN ,PHASE 5, FOR A DISTANCE OF 899.98 FEET TO A 1/4 INCH IRON ROD FOUND MARKING THE COMMON CORNER OF SAID REMAINDER OF 359.07 ACRE TRACT AND SAID PHASE 5; THENCE: S 47° 03' 30" E CONTINUING ALONG THE COMMON LINE OF SAID REMAINDER OF 359.07 ACRE TRACT AND DUCK HAVEN, PHASE 5, FOR A DISTANCE OF 1548.37 FEET TO A POINT ON THE COMMON LINE OF SAID REMAINDER OF 359.07 ACRE TRACT AND DUCK HAVEN, PHASE 4, ACCORDING TO THE PLAT RECORDED IN VOLUME 7819, PAGE 166 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS; THENCE: THROUGH SAID REMAINDER OF 359.07 ACRE TRACT FOR THE FOLLOWING CALLS: S 42° 57' 16" W FOR A DISTANCE OF 405.59 FEET; S 06° 52' 18" W FOR A DISTANCE OF 92.72 FEET; S 54° 21' 21" W FOR A DISTANCE OF 160.15 FEET TO THE BEGINNING OF A CLOCKWISE CURVE HAVING A RADIUS OF 750.00 FEET; ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 15° 20' 45" FOR AN ARC DISTANCE OF 200.88 FEET (CHORD BEARS: N 30° 09' 04" W - 200.28 FEET) TO THE END OF SAID CURVE; N 22° 28' 41" W FOR A DISTANCE OF 87.32 FEET; S 67° 31' 19" W FOR A DISTANCE OF 100.00 FEET; S 22° 28' 41" E FOR A DISTANCE OF 87.32 FEET TO THE BEGINNING OF A COUNTERCLOCKWISE CURVE HAVING A RADIUS OF 850.00 FEET; ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 16° 08' 07" FOR AN ARC DISTANCE OF 239.37 FEET (CHORD BEARS: S 30° 32' 45" E - 238.58 FEET) TO THE END OF SAID CURVE; S 48° 23' 51" W FOR A DISTANCE OF 95.85 FEET; S 61° 16' 30" W FOR A DISTANCE OF 150.16 FEET; S 22° 24' 09" W FOR A DISTANCE OF 21.01 FEET; AGGIELAND TITLE COMPANY Page 2 • • GF# 29196 N 47 ° 03' 30" W FOR A DISTANCE OF 3.00 FEET TO THE PLATTED END OF SADDLE CREEK DRIVE (100' R.O.W.); THENCE: N 42° 56' 30" E ACROSS THE PLATTED END OF SADDLE CREEK DRIVE FOR A DISTANCE OF 100.00 FEET TO THE SOUTHWEST LINE OF SAID LOT 149R; THENCE: S 47° 03' 30" E ALONG THE SOUTHWEST LINE OF SAID LOT 149R, SAME BEING THE EXTENSION OF THE NORTHEAST LINE OF SADDLE CREEK DRIVE, FOR A DISTANCE OF 236.12 FEET TO THE POINT OF BEGINNING CONTAINING 43.286 ACRES OF LAND, MORE OF LESS. AGGIELAND TITLE COMPANY Page 4 • GF# 29196 • • RESTRICTIVE COVENANTS: None SCHEDULE B EXCEPTIONS a. Easements or claims of easements which are not recorded in the public records of Brazos County, Texas. b. Blanket 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. c. Pipeline right -of -way granted to Aquila Southwest Pipeline Corporation, a Delaware Corporation from Louise Wade and J.E. Wade as set out in instrument dated October 1, 1992, recorded in Volume 1842, page 337 of the Official Public Records of Brazos County, Texas. d. 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. e. 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. f. 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. g. 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. AGGIELAND TITLE COMPANY Page 5 GF# 29196 • • h. 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. i. Rights of parties in possession. 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 effective 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. Vendor's Lien retained in deed dated November 21, 2011 from Saddle Creek Partners, Ltd., a Texas limited partnership to Alan R. Morgan and Sandra Morgan recorded in Volume 10428, page 50, securing the payment of one note of even date therewith in the principal sum of $47,250.00, payable to Prosperity Bank -120, and additionally secured by Correction Deed of Trust of even date therewith executed by Alan R. Morgan and Sandra Morgan to David Zalman, Trustee, said deed of trust filed for record with the County Clerk of Brazos County, Texas on January 20, 2012 and recorded in Volume 10503, page 12 of the Official Public Records of Brazos County, Texas. c. Prosperity Bank -120, Alan R. Morgan and Sandra Morgan should ratify or sign Final Plat of Saddle Creek Subdivision Phase 8. d. This report does not cover matters of survey, including, but not limited to discrepancies, conflicts or shortages in area or boundary lines or any encroachments or protrusions or any overlapping improvement. e. Standby fees, taxes and assessments have not been investigated. AGGIELAND TITLE COMPANY Page 6 GF# 29196 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: May 21, 2012 Effective Date: May 7, 2012 Effective Time: 07:00 am AGGIELAND TITLE COMPANY Page 7 GF# 29196 • N 49° 44' 11" W FORA DISTANCE OF 312.75 FEET; S 27° 11' 39" W FOR A DISTANCE OF 35.78 FEET; N 62° 48' 21" W FOR A DISTANCE OF 70.00 FEET; N 70° 36' 45" W FOR A DISTANCE OF 509.30 FEET TO THE EASTERLY LINE OF SADDLE CREEK SUBDIVISION, PHASE 9, ACCORDING TO THE PLAT RECORDED IN VOLUME 10589, PAGE 17 OF THE OFFICIAL PUBLIC RECORDS OF BRAZOS COUNTY, TEXAS; THENCE: ALONG THE COMMON LINE OF SAID REMAINDER OF 359.07 ACRE TRACT AND SADDLE CREEK SUBDIVISION, PHASE 9, FOR THE FOLLOWING CALLS: N 18° 39' 32" E FOR A DISTANCE OF 53.97 FEET; N 20° 33' 13" E FOR A DISTANCE OF 220.72 FEET; N 26° 06' 42" W FOR A DISTANCE OF 99.37 FEET; N 04° 49' 37" E FOR A DISTANCE OF 126.62 FEET; S 81 ° 31' 40" E FOR A DISTANCE OF 51.19 FEET; N 26° 36' 47" E FOR A DISTANCE OF 70.81 FEET; N 15° 47' 09" W FOR A DISTANCE OF 116.40 FEET; N 19° 58' 25" E FOR A DISTANCE OF 86.78 FEET; N 33° 38' 17" W FOR A DISTANCE OF 176.02 FEET; N 04° 56' 03" E FOR A DISTANCE OF 54.09 FEET; N 14° 40' 42" W FOR A DISTANCE OF 98.95 FEET; N 40° 11' 18" W FOR A DISTANCE OF 90.89 FEET; N 36° 44' 58" W FOR A DISTANCE OF 181.52 FEET; N 04° 20' 08" E FOR A DISTANCE OF 69.25 FEET; N 43° 05' 30" W FOR A DISTANCE OF 84.05 FEET TO THE BEGINNING OF A COUNTERCLOCKWISE CURVE HAVING A RADIUS OF 750.00 FEET; ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 03° 58' 00" FOR AN ARC DISTANCE OF 51.92 FEET (CHORD BEARS: N 45° 04' 30" W - 51.91 FEET) TO THE END OF SAID CURVE; AGGIELAND TITLE COMPANY Page 3