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HomeMy WebLinkAbout215 W Main Street - WLB Associates1 : !LY ENTERED i'URI'AXA'I Kiri S:: .ct to final acc rant for transfer _ /U day of (11' . 20 L�/'1 Auditor (�}�� Hamilton County Parcel @ /4-09;225W -0/ 'd//deebR THIS INDENTURE WITNESSETH, that WLBAssociates, Inc., an Oklahoma corporation (the "Grantor") CONVEYS AND WARRANTS to The City of Carmel Redevelopment Commission (the "Grantee"), for the sum of $10.00 and other valuable consideration, the receipt and sufficiency of which are acknowledged hereby, certain real estate in Hamilton County, Indiana, as more particularly described on Exhibit A, attached hereto and incorporated herein by reference (the "Real Estate"). Subject to: (a) the lien of real estate taxes payable in May, 2000, and thereafter; (b) all general and special assessments, and all other govemmental, municipal, and public dues, charges, and impositions not delinquent, each of which Grantee assumes and agrees to pay; and (c) those matters set forth on Exhibit B, attached hereto and incorporated herein by reference. o/d, br,3 die; 200000Q162Q1 > ed tor Record in HAMILTON COUNTY, INDIANA MARY L CLARK On 04-10-2000 At 12:42 CORP W DEED 20.00 pm. Grantor represents that there are no Indiana Gross Income Taxes due as a result of this conveyance. The person executing this deed on behalf of Grantor is a duly elected officer of Grantor, and fully has been empoweredre7EREOEby proper resolution77�Iof Grantor to execute and deliver this deed. IN WITAIE ,.antor ias executed this deed this)day of March, 2000. JAN 2 4 zu05 Carmel Clerk -Treasurer ACKNOWLEDGMENT WLB ASSOCIATES, INC. By: STATE OF INDIANA ) SS: COUNTY OF$ami 1 ton ) Wayne L. Beverage, President Before me, a Notary Public in and for the State of Indiana, personally appeared Wayne L. Beverage, the President of WLB Associates, Inc., who acknowledged the execution of the foregoing Corporate Warranty Deed on behalf of such entity. WITNESS my hand and Notarial Seal this7U day I am a resident of WILLIAM O.OLSEN My Comm. Exp : 6-3040 Res. of HsmAiiftTh CO, County, Indiana. By: otary Public Printed Name: My commission expires Return and send tax statements to City of Carmel, Indiana, One Civic Square, Carmel, Indiana 46032 This instrument was prepared by Jennifer R. Shoup, Attorney -At -Law, Wallack Somers & Haas, One Indiana Square, Suite 1500, Indianapolis, Indiana 46204. 9 90Q1'ONI Rill' N011IWV'H 1Nb''�q:6 4007 ' l','N File No.: 993297 EXHIBIT A Lots numbered 1, 14, part of Lots Numbered 2 and 13 and the first alley South of Main Street which extends between 2nd Avenue S. W. and the railroad (now vacated ofthe by an order recorded °f April 30, 1976, in Miscellaneous Record 148, page 595,Officenow Carmel, odeC Indiana) Hamilton County, Indiana) in Ira Mendenhall's Addition tl Bnthhe O lehem (co of the Recorder of the plat of which is recorded in Deed Record 23, page Hamilton County, Indiana, more particularly described as follows: Beginning at the northeast corner of Lot Numbered 1 in Ira Mendenhall's Addition to Bethlehem (now Carmel, Indiana); thence South on the East line of Lot 1, the Southerly prolongation thereof and the East line of Lot Numbered 14 a distance of 279 feet to the Southeast corner of said Lot 14; thence Westerly on the South line of said Lot 14 and the South line of Lot 13 a distance of 127.3 feet to a point that is 21.00 feet East of the centerline of the main track of the Monon Railroad; thence North parallel with said centerline 279 feet to the North line of Lot 2 in said lra Mendenhall's Addition; thence Easterly on said North line and the North line of Lot 1 aforesaid a distance of 131.0 feet to the beginning point. ccoi•0iI End of Legal Description 311 1•.114i103S 31111 NO11l I1i4 WV9Y 6 7,OU? 'CLJ41 l ALTA Commitment - Schedule B Commitment No.: 993297 Commonwealth Laud Tide insurance Company COMMITMENT FOR TITLE INSURANCE Xt C3 [T- ' b 1" installment: $55.94 paid 2nd installment: 555.94 paid Delinquent penalty $5.59 unpaid Assessed valuation as of effective date (for information only:) Land: $1600 Improvements: $-0- Exemptions: 5 -0 - Brief Legal: Lot 1 Ira Mendenhall Taxing Unit: City of Carmel Parcel No.: 16-09-25-16-01-011.000 Duplicate No.: 33449 l" installment: 5298.23 paid 2"4 installment: $298.23 paid Delinquent penalty 529.82 unpaid Assessed valuation as of effective date (for information only:) Land: $8530 Improvements: 5-0- Exemptions: 5 -0 - Taxes for the year 1998 payable 1999 in the name of TWM, Inc. Brief Legal: Lot 14 Ira Mendenhall Taxing Unit: City of Carmel Parcel No.: 16-09-25-16-01-012.000 Duplicate No.: 33450 1" installment: $223.76 paid 2nd installment: 5223.76 paid Delinquent penalty $22.38 unpaid Assessed valuation as of effective date (for information only:) Land: $6400 Improvements: 5-0- Exemptions: 5-0- 8. Taxes for 1999, payable 2000, not yet due and payable. 9. Taxes for 2000, payable 2001, not yet due and payable. 10. Possible municipal assessments, sewer use charges, and/or impact fees levied by City of Carmel. 11. Perpetual easement for electric transmission line in favor of Public Service of Indiana, Inc. across that portion of the real estate described in Schedule A, described in an order to vacate a platted alley, executed April 30, 1976, and recorded April 30, 1976, in Miscellaneous Record 148, page 595. 12. Covenants and restrictions contained in Deed and Covenants to the City of Carmel, dated October 8, 1998, and recorded October 15, 1998, as Instrument 9857717. 'd Eg91'oN 011 AIHrID3S 31111 N01lINVH NH94:6 Z.09Z. 'il'i°W ALTA Commitment - Schedule B Commonwealth Land Title Insurance Company COMMITMENT FOR TITLE INSURANCE Commitment No.: 993297 13. Easement, restrictions, possible assessments for maintenance, and rights of others entitled to the continued uninterrupted flow of water through the Depot Arrn of Follett -Morrow Legal Drain, in accordance with Indiana Drain Code, IC (1981) 36-9-27-33 et seq. 14. Rights of tenant(s) in possession under unrecorded lease(s). 15. Mortgage and Fixture Filing for 5412,000.00 from WLB Associates, Inc. to The Farmers Bank dated September 28, 1999, and recorded October 1, 1999, as Instrument No. 9957746 in the Office of the Recorder of Hamilton County, Indiana. 16. Assignment of Rents and Leases from WLB Associates, Inc. to The Farmers Bank dated September 28, 1999, and recorded October 1, 1999, as Instrument No. 9957747 in the Office of the Recorder of Hamilton County, Indiana. 17. Survey by Richard A. O'Brian, Registered Land Surveyor No. 8800177, Hahn & Associates, Inc., Job No. 000128, certified January 24, 2000, discloses the following: a) North edge of building extends 0.7 feet past North property line. b) Pavement for 1" Street SW extends onto/encroaches on southern portion of real estate. c) Rights of way for Main Street and 2nd Avenue SW along North and East sides of real estate. d) Existing building violates/encroaches into the 75 foot legal drain easement along west side of real estate. End of Schedule B f! 'd cggl'°N 211 A1!8N23S 31111 NO11INVH WVLq:5