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HomeMy WebLinkAbout1985V808P116 • 3.3123z,p , J.A.C. DEVELOPERS, INC. mau,r3 +• .`tang 1 HIGHWAY 6 WATERLINE CROSSINGS 1985 JUL 1 r pm 2: 33 SUBORDINATION OF LIEN i a11,2 ew�z:i rc ,� ccu°+tx CLERK fY r iN0U5F STATE OF TEXAS ) ) KNOW ALL MEN BY THESE PRESENTS ! r ur , COUNTY OF BRAZOS ) THAT the undersigned, of the County of Brazos and State of Texas, the present legal and equitable owner and holder of that one certain promissory note in the original principal sum of $1, 030, 000. 00, dated August 23, 1982, executed by J. A. C. DEVELOPERS, INC. , to SAM SHARP, Trustee, payable to the order of ROBERT F. SPEARMAN, more fully described in a Deed of Trust, duly recorded in Volume 338, Page 97, of the Deed Records of Brazos County, Texas ; said note being secured by said Deed of Trust against, AMONG OTHER PROPERTY, the property as described on Exhibit "A" attached hereto which is incorporated herein for all purposes . For a good and valuable consideration paid to the un- dersigned, the receipt and sufficiency of which is hereby ac- knowledged , the undersigned hereby EXPRESSLY SUBORDINATES the above-described lien to the easement and right-of-way heretofore or contemporaneously granted to the City of College Station by a document executed by J. A. C. DEVELOPERS, INC. , and recorded in the Deed Records of Brazos County, Texas . It is expressly agreed and understood that this SUB- ORDINATION shall in no wise release, affect or impair said lien or liens against any other property or owner of any interest therein, nor shall the priority of said lien or liens be affecte except as to the City of College Station. d EXECUTED this the 16th day of July 1985. ( 7 // alt RO:ER F. SPE: "M M. STATE OF TEXAS ) COUNTY OF BRAZOS ) IV INDIDUAL ACKNOWLEDGMENT This instrument was acknowl day of Jay 19.8 ed before me on the 16th by ROBERT F. �V:H11(r��Yiii ,S-yEA N' AN. .�� .. ''� � NOTARY � P' C and • 4s� ?v =,rnty, Texas or Braze - o • � Printed �, My Commissure Pe�Qv J. Bogan N� y. �;� rion Expires: 6 3�8 ,t,rnsi, 8C-8on 116 p otQtez-° ) q EXHIBIT A J.A.C. DEVELOPERS, INC. TRACT Being a strip of land 20.0 foot wide for a permanent public utility easement in the S.W. Robertson Survey, Abstract No. 202, Brazos County, Texas, out of a 51.83 acre tract, same tract being the remaining portion out of the original 530.00 acre tract described as Tract No. 1 in the deed for 478.18 acres from J.A.C. Developers, Inc., to W.D. Fitch dated July 13, 1984 and recorded in Volume 703, Page 8 of the Deed Records of Brazos County, Texas; COMMENCING at an iron rod marking the most southerly corner of said 530.00 acre tract, said iron rod being located in a fence marking the northeast right-of-way line of State Highway No. 6; THENCE N 37°50'37" W along the northeasterly right-of-way line of State Highway No. 6 a distance of 5.0 feet to a point, said point being the PLACE OF BEGINNING for this easement description; THENCE continue N 37°50'37" W along said northeasterly right-of-way line of State Highway No. 6 a distance of 20.00 feet to a point for corner; THENCE N 52°09'23" E a distance of 130.00 feet to a point for corner; THENCE S 37°50'37" E a distance of 20.00 feet to a point for corner; THENCE S 52°09'23" W a distance of 130.00 feet to a point in the northeasterly right-of-way line of State Highway No. 6, same point being the PLACE OF BEGINNING, and containing 0.0597 acres of land, more or less. An additional easement for construction purposes is granted until completion ofracproposed sedewaterline project, byp tion the City of College Station, said con- boundary line a distance of 15.0 feet of anorthwesterly nd 50.0 feet wof eand tparallelh the rtithsthely northwesterly boundary of the aforesaid 20.0 foot wide and the southeasterl 1 with the parallel with the southeasterlyaboundaryeoffthe�0 feet southeasterly of easement, public utility easement. aforesaid 20.0 foot wide SURVEYED BY: C. , /� E.R. Mddow, I Jr. 8r Registered Public No. 3755 Surveyor • . 0000E. R. McDOW, JR:.: `1 1 3755 ... ..-/ /r. "1` ✓' I �'��� &8P„ r 117