Warranty Deed Wayne Beverage CRC - 2000 I
1 :;l.YENTEREDt-UR'1'AXA'IION Wan-C-15C69
S;: ct to final acc lance for transfer
/O day of. /I�, ,20±1).....(50 (�i 2p9000Q162Q1
Auditor Flied tor Record in
SHamilton County + HAMILTON COUNTY, INDIANA
t2 `�I MARY L CLARK
• - •'TE g DEED On 04-10-2000 At 12:42 pm.
Parcel# /6l 0 9° 5 i6-ei -Og oictiR CORP W DEED 20.00
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THIS INDENTURE W'rTNESSETH,that WLB Associates, Inc.,an Oklahoma corporation(the
"Grantor')CONVEYS AND WARRANTS to The City of Carmel Redevelopment Commission(the"Grantee"),
for the sum of$10.00 and other valuable consideration,the receipt and sufficiency of which are acknowledged
hereby,certain real estate in Hamilton County, Indiana, as more particularly described on Exhibit A,attached
hereto and incorporated herein by reference (the"Real Estate"). ,
Subject to: (a) the lien of real estate taxes payable in May, 2000, and thereafter; (b) all
general and special assessments, and all other governmental, municipal, and public dues, charges, and
impositions not delinquent,each of which Grantee assumes and agrees to pay;and(c)those matters set forth
on Exhibit B, attached hereto and incorporated herein by reference.
Grantor represents that there are no Indiana Gross Income Taxes due as a result of this
conveyance.
The person executing this deed on behalf of Grantor is a duly elected officer of Grantor, and
fully has been empowered by proper resolution of Grantor to execute and deliver this deed.
IN WIT' �t cantor las executed this deed this y of March, 2000.
JAN 2 4 LUOS WLB ASSOCIATES, INC.
By:
• Wayne L. Beverage, President
Carmel Clerk Treasurer
ACFCIVOWLEDGMENT
STATE OF INDIANA )
SS:
COUNTY OF$ami 1 ron)
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.
lk p. it_
WITNESS my hand and Notarial Seal this day .4,111p.:2,61.
A. PV9 By: 4�.- ,-�
<o. WILLIAM B.OLSEN otary Public
Q My Gomm.E�rp: 6.30.00
�� m �� Printed Name:
I am a resident of _ County, Indiana.
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.
.i
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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 by an order recorded
April 30, 1976, in Miscellaneous Record 148, page 595, in the Office of the Recorder of
Hamilton County, Indiana) in Ira Mendenhall's Addition to Bethlehem (now Carmel, Indiana)
the plat of which is recorded in Deed Record 23, page 81, in the Office of the Recorder of
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 Ira
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.
End of Legal Description
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ALTA Commitment- Schedule B Commonwealth Land Title Insurance Company
COMMITMENT FOR TITLE INSURANCE
Commitment No.: 993297 'rte X H- i. 13 ,--
151 installment: $55.94 paid
2"d installment: $55.94 paid Delinquent penalty $5.59 unpaid
l ,
Assessed valuation as of effective date (for information only:)
Land: $1600 Improvements: $-0- Exemptions: $-0-
Brief Legal: Lot 1 Ira Mendenhall
Taxing Unit: City of Carmel Duplicate No.: 33449
Parcel No.: 16-09-25-16-01-011.000
l'installment: $298.23 paid
2nd installment: $298.23 paid Delinquent penalty $29.82 unpaid
Assessed valuation as of effective date (for information only:)
Land: $8530 Improvements: $-0- Exemptions: $-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 Duplicate No.: 33450
Parcel No.: 16-09-25-16-01-012.000
1i1 installment: $223.76 paid
2"d installment: $223.76 paid Delinquent penalty $22.38 unpaid
Assessed valuation as of effective date (for information only:)
Land: $6400 Improvements: $-0- Exemptions: $-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.
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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 Arm 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 $412,000.00 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 l'Street SW extends onto/encroaches on southern portion of real estate.
c) Rights of way for Main Street and 2❑d 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
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