HomeMy WebLinkAboutCity Hall - Warranty Deed - H.K. & Esther Speck Foundation - 910 S FRIENDSWOOD DR SS- 4 to O 3 kerurJl4-v.-0 fr
IPrepare( the State Bar of Texas for use by lawyers onl viewed
1-1-76. Revised to include grantee's address (art. 6626, R(s) 1-1-82.
855
2524 004-32- 56. .J 0
WARRANTY DEED
THE STATE OF TEXAS - JVED CITY SECRETARY
KNOW ALL MEN BY THESE PRESENT,S1 6 1986
COUNTY OF GALVESTON JAB!
t s: CITY OF FRIENDSWOOD
That H . K. & ESTHER SPECK FOUNDATION
of the Countyof and State of for and in
Galveston Texas
consideration of the sum of ten and no/ 10 0 - -
( $ 10 . 00) DOLLARS
and other valuable consideration to the undersigned paid by the grantee herein named, the receipt of
which is hereby acknowledged,
have GRANTED, SOLD AND CONVEYED, and by these presents do GRANT, SELL AND CONVEY unto
THE CITY OF FRIENDSWOOD , TEXAS ,
of the County of Galveston and State of Texas , , all of
the following described real property in G a l v e s t on County, Texas, to-wit:
See Exhibit "A" , attached hereto and incorporated herein for all purposes .
TO HAVE AND TO HOLD the above described premises, together with all and singular the rights and
appurtenances thereto in anywise belonging, unto the said grantee , i t s heirs and assigns
forever; and we do hereby bind our se lv e s , our heirs, executors and administrators to
WARRANT AND FOREVER DEFEND all and singular the said premises unto the said grantee , i t s
heirs and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof.
This conveyance is made and accepted subject to one ( 1 ) certain Oil ,
Gas and Mineral Lease granted to J . T . Mackey in instrument recorded in
Volume 932 , Page 663 of the records of the County Clerk of Galveston County,
Texas , and all terms , conditions and stipulations contained therein, and to
the Zoning Ordinances of the City of Friendswood , Texas , to the extent , and
only to the extent said Lease and Zoning Ordinances affect the subject
property hereby conveyed .
1- - � �
(Acknowledgment)
STATE OF TEXAS
COUNTY OF GALVESTON
This instrument was acknowledged before me on the 3 day of , 19 4 j,
by H . K. SPECK and ESTHER SPECK, fo th H . K. & ESTHER SPECK FO DATION .
Notary Public, State of Texas
Notary's name (printed):
Notary's commis�expires:
•3 n R�ONICA LOVELAND
(Acknowledgment) Notary Putrllc State of Texas_
My Commission Expires
STATE OF TEXAS
COUNTY OF Jr
This instrument was acknowledged before me on the day of , 19
by
Notary Public, State of Texas
Notary's name(printed):
Notary's commission expires:
(Corporate Acknowledgment)
STATE OF TEXAS
COUNTY OF
This instrument was acknowledged before me on the day of , 19
by
of
a corporation, on behalf of said corporation.
Notary Public, State of Texas
Notary's name(printed):
Notary's commission expires:
AFTER RECORDING RETURN TO: PREPARED IN THE LAW OFFICE OF:
CITY OF FRIENDSWOOD JAMES W. WOLTZ
109 Willowick 102 N. Friendswood Dr . , Suite 210
Friendswood , Texas 77546 Friendswood , Texas 77546
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AlikAeL
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EXHI IT "A" 004-32-0562
3.8393 acres being a part of 11.4003 acres of land out of Lots 15 and 16,
Block 5, Friendswood Subdivision as recorded in Volume 238, page 14 and
Volume 254, page 37 of the Galveston County Deed Records, in the Sarah
McKissick or J. R. Williams League in Galveston County, Texas. 11.4003
acres of land from Thomas Montgomery, Trustee, to Ralph L. Lowe as
recorded in Film Code 002-72-2285 in the Galveston County Deed Records
dated December 23, 1983. The 3.8393 acres are more particularly described
by metes and bounds as follows:
COMMENCING from the North corner (5/8-inch iron rod) of said 11.4003 acre
tract being the intersection of the Southeast R.O.W. line of Castlewood
Drive (60 feet) and the Southwest R.O.W. line of Friendswood Drive (100 feet) ;
THENCE, South 45 degrees 00 minutes 00 seconds East, along said Southwest
R.O.W. line of Friendswood Drive, a distance of 240.00 feet to a 1/2 inch
iron rod being the POINT OF BEGINNING;
THENCE, •South 45 degrees 00 minutes 00 second East, a distance of 326.00
feet to a point for corner; said corner being on the Southwest R.O.W. line
of Friendswood Drive;
THENCE, South 45 degrees 00 minutes 00 seconds West, a distance of 440.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 396.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds East, a distance of 340.00
feet to a point for corner;
THENCE, South 45 degrees 00 minutes 00 seconds East, a distance of 70.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 100.00
feet to the POINT OF BEGINNING;
CONTAINING 167,240.00 square feet (3.8393 acres) of land, more or less.
This tract of land is designated as Reserve "E" of the Proposed Castlewood
Park Subdivision.
gyp , '; �.r`" USUFETITLE COMPA�tY OF GALV1
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ESTOK
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60171;EMONT, SUITE 30
D�C � '� T ��! `�5 GALVESTON,TEXAS 7755Q
STATE OF TOMS OOuffmY OF fJIl1ESII�
I hereby certify that this insinuated was 11160 0 tlr
date and time stamped hereon by me and was defy WPM
in the Official Public Recoils d Red Pis sdy of QUatis
A...... Tr.c r 1
I.
i Z
Mailing addrgss of each grantee:
Name: City of Friendswood Name:
Address: 109 Willowick Address:
Friendswood , Texas 77546
(Acknowledgment)
STATE OF TEXAS
COUNTY OF GALVESTON
This instrument was acknowledged before me on the 3 day of -.Alt_ , 19 (I-
by H. K. SPECK and ESTHER SPECK, fo •th H . K. & ESTHER SPECK FO DATION.
Notary Public, State of Texas
Notary's name (printed):
Notary's commiss' Ppires:
ex��C
MONICA LOVELAND
(Acknowledgment) ' `.y Notary Public State of Texas
sT."�rEO'��k' MY Commission Expires��-
STATE OF TEXAS
COUNTY OF
This instrument was acknowledged before me on the day of , 19
by
Notary Public, State of Texa
s
Notary's name (printed):
Notary's commission expires:
(Corporate Acknowledgment)
STATE OF TEXAS
COUNTY OF
This instrument was acknowledged before me on the day of , 19
by
of
a corporation, on behalf of said corporation.
Notary Public, State of Texas
Notary's name (printed):
Notary's commission expires:
AFTER RECORDING RETURN TO: PREPARED IN THE LAW OFFICE OF:
CITY OF FRIENDSWOOD JAMES W. WOLTZ
109 Willowick 102 N. Friendswood Dr . , Suite 210
Friendswood , Texas 77546 Friendswood , Texas 77546
,r
EXHIBIT "A"
3.8393 acres being a part of 11.4003 acres of land out of Lots 15 and 16,
• Block 5, Friendswood Subdivision as recorded in Volume 238, page 14 and
Volume 254, page 37 of the Galveston County Deed Records, in the Sarah
McKissick or J. R. Williams League in Galveston County, Texas. 11.4003
acres of land from Thomas Montgomery, Trustee, to Ralph L. Lowe as
recorded in Film Code 002-72-2285 in the Galveston County Deed Records
dated December 23, 1983. The 3.8393 acres are more particularly described
by metes and bounds as follows:
COMMENCING from the North corner (5/8-inch iron rod) of said 11.4003 acre
tract being the intersection of the Southeast R.O.W. line of Castlewood
Drive (60 feet) and the Southwest R.O.W. line of Friendswood Drive (100 feet);
THENCE, South 45 degrees 00 minutes 00 seconds East, along said Southwest
R.O.W. line of Friendswood Drive, a distance of 240.00 feet to a 1/2 inch
iron rod being the POINT OF BEGINNING;
THENCE, .South 45 degrees 00 minutes 00 second East, a distance of 326.00
feet to a point for corner; said corner being on the Southwest R.O.W. line
of Friendswood Drive;
THENCE, South 45 degrees 00 minutes 00 seconds West, a distance of 440.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 396.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds East, a distance of 340.00
feet to a point for corner;
THENCE, South 45 degrees 00 minutes 00 seconds East, a distance of 70.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 100.00
feet to the POINT OF BEGINNING;
CONTAINING 167,240.00 square feet (3.8393 acres) of land, more or less.
This tract of land is designated as Reserve "E" of the Proposed Castlewood
Park Subdivision.
WAIVER OF INSPECTION
___ ,_ _ Friendsw ood, Texas
City State
USLIFE Title Insurance Company
Gentlemen:
In consideration of the issuance to the undersignedof your Policy Serial No.
for $ 296,712.64 guaranteeing that title to
See attached
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as described in deed of even date herewith from H. K. & Esther Speck Foundation
to the undersigned
is good in the undersigned
subject to the terms of such policy,
We hereby waive inspection by you of such property and accept your policy subject to rights
of parties in possession, and those under whom they hold, and to any visible and apparent roadway
or easement over or across the subject property, the existence of which does not appear of record, if
any such parties are now in possession of,or if any such roadway or easement affects the premises upon
which you have issued such policy, and take it upon ourselves to inspect such premises
and to obtain possession thereof from the present occupants.
Very truly yours,
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E. I. TARIN & COMPANY
•
REAL ESTATE APPRAISERS • CONSULTANTS
613 - 7TH AVENUE NORTH (P. O. DRAWER 1690) TEXAS CITY. TEXAS 77592 — 1690
TEL. (409) 945 - 3384 • (713) 332 - 1511 • 332 - 1744 • 486 - 5566
7-:
September 30, 1985
Mr . Ralph Lowe
P . 0 . Box 226
Friendswood , Texas 77546
Re : A Brief and Limited Real Estate Appraisal on
3.8393 acres located on FM 518, Friendswood,
Texas .
Dear Mr. Lowe :
As you requested, we have made an appraisal report on the
above referenced property. The property is briefly, legally
described as :
3.8393 acres out of Lot 15, Block 5, Friendswood
Subdivision, Friendswood , Galveston County, Texas.
The value sought here is Market Value, which may defined as :
"The most probable price in cash, terms equivalent
to cash, or in other precisely revealed terms, for
which the appraisal property will sell in a
competitive market under all conditions requisite
to fair sale, with the buyer and seller each
acting prudently , knowledgeably, and for self-
interest, and assuming that neither is under undue
duress. "
VIRas)u•
E.I.TARIN,M.A.I.
r.
Mr. Ralph Lowe
• September 30, 1985
Page 2
It is our opinion that the subject property has an estimated
market value, as of September 24, 1985, of :
FIVE HUNDRED EIGHTY-FIVE THOUSAND DOLLARS
( $585, 000 )
This is based on an overa l I area of 167, 239.91 square feet
at $3.50 per square foot. Your attention is invited to the
accompanying report which in part forms the basis for this
conclusion .
This is a Brief and Limited Real Estate Appraisal and is not
to be construed as a complete Real Estate Appraisal , this
was done at the request of the principle of this report. A
complete narrative Real Estate Appraisal is available upon
request.
The Assumptions and Limiting Conditions included in this
report are considered to be a part of this appraisal . This
appraisal is made in conformity with the standards and
practices of the American Institute of Real Estate
Appraisers.
Respectfully sub itted,
c: 0, G�
E . I . TARIN, MAI
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DONALD W. ROBERTS & ASSOCIATES, INC.
CONSULTING ENGINEERS/SURVEYORS
P. 0. BOX 58247
HOUSTON, TEXAS 77258
PHONE: 713/482-8485
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JOB NUMBER 74-01
RALPH L. LOWE
3 . 8393 ACRES OF LAND
3 . 8393 ACRES BEING A PART OF 11 . 4003 ACRES OF LAND OUT OF
LOTS 15 AND 16 , BLOCK 5 , FRIENDSWOOD SUBDIVISION AS
RECORDED IN VOLUME 238 , PAGE 14 AND VOLUME 254 , PAGE 37 OF
THE GALVESTON COUNTY' DEED RECORDS, IN THE SARAH MCKISSICK
OR J. R. WILLIAMS LEAGUE IN GALVESTON COUNTY, TEXAS.
11 . 4003 ACRES OF LAND FROM THOMAS MONTGOMERY, TRUSTEE, TO
RALPH L. LOWE AS RECORDED IN FILM CODE 002-72-2285 IN THE
GALVESTON COUNTY DEED RECORDS DATED DECEMBER 23 , 1983 . THE
3 . 8393 ACRES ARE MORE PARTICULARLY DESCRIBED BY METES AND
BOUNDS AS FOLLOWS :
COMMENCING from the north corner ( 5/8-inch iron rod) of said
11 . 4003-acre tract being the intersection of the southeast R.O.W.
line of Castlewood Drive ( 60 feet) and the southwest R.O.W. line of
Friendswood Drive ( 100 feet) ;
THENCE, South 45 degrees 00 minutes 00 seconds East, along said
southwest R.O.W. line of Friendswood Drive, a distance of 240 . 00 feet
to a 1/2-inch iron rod being the POINT OF BEGINNING;
THENCE, SOUTH 45 degrees 00 minutes 00 seconds East, a distance
of 326 . 00 feet to a point for corner ; said corner being on the
southwest R.O.W. line of Friendwood Drive;
THENCE, South 45 degrees 00 minutes 00 seconds West, a distance
of 440 . 00 feet to a point for corner ;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance
of 396 . 00 feet to a point for corner ;
THENCE, North 45 degrees 00 minutes 00 seconds East, a distance
of 340 . 00 feet to a point for corner ;
THENCE, South 45 degrees 00 minutes 00 seconds East, a distance
of 70 .00 feet to a point for corner ;
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DONALD W. ROBERTS & ASSOCIATES, INC.
JOB NUMBER 74-01
RALPH L. LOWE
3 .8393 ACRES OF LAND
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance
of 100. 00 feet to the POINT OF BEGINNING;
• CONTAINING 167,240 .00 square feet ( 3 .8393 acres ) of land, more
or less.
This tract of
land is designated as Reserve "E" of the Proposed 9p d
Castlewood Park Subdivision.
September 17, 1985
Donald W. Roberts . R.P.S.
Texas Registration No. 2191
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MINUTES OF A REGULAR MEETING OF THE FRIENDSWOOD CITY COUNCIL
October 3 , 1983
A Regular Meeting of the Friendswood City Council was held on
Monday, October 3 , 1983 , at 7 : 00 p.m. in the Friendswood City
Hall, with the following members present :
t
Mayor Ralph Lowe City Manager Jim Morgan
Councilmen: Evelyn Newman City Secretary Bobbie Henry
Jan Jordan
• Leon Brown
Paul Schrader
Bruce Branham
Bob Wicklander
With a quorum present , and with no one absent , the following
'4 business was transacted:
1
INVOCATION was given by Rev. Larry Sykora, United Methodist
Church.
•
4 APPROVAL OF MINUTES - Minutes of a Special Meeting of August 8 ,
1 and. a Special Meeting of September 19 , approved as corrected.
ANNOUNCEMENTS 6 COMMUNICATIONS FROM THE MAYOR
•
•x 1. Friendswood at this time does not need the sewer
#° plant from Wedgewood.
•
'"M"'"1 2. In a meeting on September 9 with the New Life Church
d . people , Councilman Jordan and the Mayor reached a
tentative agreement with them whereby the Church will
7 pay the City $13 , 000 for their half of the section of
Winding Way to be abandoned. Ray Utley will receive the
fsc $13 , 000 and the other 30 feet in exchange for his donation
' of right-of-way for Whispering Pines . . A 10 foot strip
y. , : ( 5 feet off each side ) down the center of the roadway is
to be reserved as a drainage easement . All parties ,
including Mr. Utley, are in agreement with this plan.
. The Montgomery/Lowe property exchange has hit a snag. A pipe-
line crossing the planned roadway on the land Mr. Montgomery
is receiving is too shallow to build a street over it . Mayor
Lowe said the pipeline will either have to be lowered or a
new roadway will have to be provided. •
4. The Texas Department of Water Resources grantproblems have
h e
been ironed out; however, the contract will have to be rewritten
and will be resubmitted to the City for signature . Mayor
Lowe says he believes the TDWR will also grant some funds for
the new proposed Clear Creek project .
5 . Councilman Jordan has written minutes for the Clear Creek
meeting in League City last Tuesday , and copies have been
distributed to Council .
6. Councilman Newman reported that another meeting with the
v. Offenhausers appears to have cleared the way for the necessary
right-of-way .
RESOLUTION R30-83 ENDORSING DISASTER PREPAREDNESS DRILL
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MOTION: (Wicklander) To adopt Resolution R30-83.
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MINUTES OF A SPECIAL MEETING OF THE FRIENDSWOOD CITY COUNCIL
July 18 , 1983
A Special Meeting of the Friendswood City Council was
City Hall on Monday, held at the
as members present: July 18 , 1983 , at 7 : 00 p.m. with the followin
Ili1 Mayor Ralph Lowe
Councilmen : Bruce Branham
City Manager Jim Morgan
il Jan Jordan City Secretary Bobbie Henry
li
Paul Schrader
Evelyn Newman
1444 Bob Wicklander
Leon Brown
With a quorum present, and with none absent , the following
was transacted:"
, business
PETITIONS E COMMUNICATIONS
tt
l 1: Morris Womack, speaking regarding
Development Corporation , cautionedt Council ntthatod nolonesshoual
ld
1.
'i be allowed to request an
is serving on the Board. y service from the Corporation who
Mayor Lowe announced that the State ID Board has ruled that
land to be developed under this program will in the future
. designated as "development" rather than "blighted" areas . be
2. Ray Hilburn proposed to Council a service his company can furnish
A
•6. w in lieu of the Galveston County Forensic Laboratory. He was
directed to discuss this with the City Manager and Police Chief.
imp ii 3. Alex Gikalov has been refused a building permit for a lot of
record on a private street , Mills Road, unless he brings the
street up to city specifications . He asked for clarification
of this decision.
Council indicated that they could not support the refusal ,
did explain to Mr. Gikalv that the City will not maintain the
private road, nor will garbage trucks drive down the road to
service houses oh it, and that he will have to make arrangemens
for his utilities . They roposed
be brought individually toCouncil tfor consideration hat in the future such requests
.4. Mike McIntosh, speaking for Verbie Cohen w
display company and has a warehouse ho owns a fireworks
J
limits , asked permission to fireworkscontinue tot store ltheir ei
at this location. Council suggested
rs . Cohen 's
Mr. Calvert , discuss this mattterwitthtAttorney.
the City attorney,
5. Mitch Mitchell reported to Council that he has resigned
position. as Chairman of the Industrial Development Board. He
also asked that a public hearing be called to hear a r
he is making for "development" designation of a 2-acre e ploto t on
FM 528 . e
r TELEPHONE COMPANY RATE INCREASE - Mr.
Join TML as representati e-tea numberMofgcitan ies , sin protesed the ting to
rate increase .
P s tino the
MOTION: (Schrader) To join the TML group in opposing the increase
econd: Wicklander
Vote: Unanimous FOR
yI
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REPAIRS TO FIRE STATION #1 - Ken Camp outlined several items
which , he stated , :F
1// i11,/i/'1 1 '/ 111 I tor ', ) i 1 1' ri i1 ) t.; 1; 1,111 ,
'/ I'r I t; � 1 lit, 1 11 I ly J u
11111{ Irl I I tr I' Wilt{ it Irrl l'I rrl I Ili' I 1 I'ir Ilil lll'l)!,t, Mid 1'lilirl I (' 11�1 I:Irll r
Thu (. I l y Ilctllc* ttt' Wrlti I it14I I'lll' I i,rl 111 )I,r+ I 111JI,tt I,Ilcll' N I it I II{1 (' y
lilI I Ilt_It+r' cllld C'U1I 11'.Ic' t ()I. I 'fill I llt, I I ( Ilct c'c111 ( 1'.t+' t tl I cl c ( it (•
cover any of the electrical 1 (c'ms mentioned. .\J. . it w.1:+
o`.:_ that the roof sho::_d be repaired before final payment is 111.;.t
to the contractor.
COUNSELING SERVICE - Approximately 25 people , with Jim Woltz as
spokessman , urged Council to reinstate $30 ,000 in the proposed
budget to continue the contract with Interact Counseling Service
MOTION: (Schrader) To include $30 , 000 in the proposed budget
this year for counseling service .
Second: Newman
• Vote : Unanimous FOR MOTION CARRIED
ONTGOMERY/LOWE PROPERTY EXCHANGE - A letter to Mr. Montgomery
committing what the City will do on his behalf, was read by the
Mayor Pro-tem, i. e . ( 1) The land will remain zoned as R-4 ; (2) (
will extend water and sewer to the property ; and ( 3) a variance
will be given to allow a 10-foot set-back on the pipeline rather
than the required 40-feet.
MOTION: (Schrader) To approve the letter as written. (Onewc
had been inserted during discussion)
Second: (Jordan)
Vote : FOR (6 ) Schrader , Jordan , Brown , Wicklander, Newman,
Branham
ABSTAINING : Lowe MOTION CARRIED
MISCELLANEOUS SUBJECTS
1. Discussion on displaying the city flag and official adoptior:[
Proposal that Carl Murray design a "Key to the City. " t .
2 . Newman proposed that the City require construction people
put up a bond to take care of damage done by their trucks tc
streets in new subdivisions .
3 . Lowe explained two exceptions in annexation which prohibits
the dissolution of the Clear Creek Drainage District.
4. Wicklander, who was absent last week, stated that he is in -
favor of annexing Clear Woods Improvement District.
CHECKS FOR APPROVAL - By unanimous vote , the following checks wel
approved for payment :
General Fund #1991 - Texas New Mexico Power $ 6 , 010. 27
2006 - C 6 J Systems Design 1 , 000 . 00 t
2010 - Coenco , Inc . 6 ,031. 00
Water 6 Sewer Fund #1077 - Gulf Coast Waste Dispos . 20 , 562 . 72
1079 - Texas New Mexico Power 2 ,091. 31 L.
Debt Service #1629 - American Natl. Bank 31 , 375 . 00 ` s'.
Capital Projects #1163 - Coenco, Inc . 2 , 820 . 75 :,
ADJOURNMENT - Motion made and seconded that the meeting ad-inurn.
211 Parkwood Suite 100
Friendswood Texas 775- -
713 482 9398
'a:LIFE TITLE Company of Galveston County
January 3, 1986
City of Friendswood
P.O. Box 31
Friendswood, Texas 77546
Attn: Jim Morgan
RE: Gil 85-. 4603
Dear Mr. Morgan,
In connection with the transaction recently handled by us for you,
we are pleased to enclose your Owner's Title Policy. Your deed
has been filed for record with the County Clerk of Galveston
County, Texas, and will be mailed to you under separate cover.
A permanent file has been set up on your property, and therefore,
we are in a position to render you excellent service in future
transactions. In the event you desire to sell or mortgage your
property, contact us immediately, along with the realtor of your
choice, and we will gladly handle your title insurance requirements.
If taxes for the current year were not paid at the time of your
transaction closing, you should pay than at the end of the year.
Also, you should assess the property in your name at each separate
taxing agency when the rolls are opened for that purpose.
We assure you of our appreciation of this business, which we hope
has been handled in a satisfactory manner. We look forward to
Serving you again in the future.
Very truly yours, r,
Monica Loveland
Escrow Officer
Enclosure
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EXHIBIT "A"
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3.8393 acres being a part of 11.4003 acres of land out of Lots 15 and 16,
Block 5, Friendswood Subdivision as recorded in Volume 238, page 14 and
Volume 254. page 37 of the Galveston County Deed Records, in the Sarah
McKissick or J. R. Williams League in Galveston County, Texas. 11.4003
acres of land from Thomas Montgomery, Trustee, to Ralph L. Lowe as
recorded in Film Code 002-72-2285 in the Galveston County Deed Records
dated December 23. 1983. The 3.8393 acres are more particularly described
by metes and bounds as follows:
COMMENCING from the North corner (5/8-inch iron rod) of said 11.4003 acre
tract being the intersection of the Southeast R.O.W. line of Castlewood
Drive (60 feet) and the Southwest R.O.W. line of Friendswood Drive (100 feet) ;
THENCE. South 45 degrees 00 minutes 00 seconds East, along said Southwest
R.O.W. line of Friendswood Drive, a distance of 240.00 feet to a 1/2 inch
iron rod being the POINT OF BEGINNING;
THENCE, 'South 45 degrees 00 minutes 00 second East, a distance of 326.00
feet to a point for corner; said corner being on the Southwest R.O.W. line
of Friendswood Drive;
THENCE, South 45 degrees 00 minutes 00 seconds West, a distance of 440.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West. a distance of 396.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds East, a distance of 340.00
feet to a point for corner;
THENCE, South 45 degrees 00 minutes 00 seconds East, a distance of 70.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 100.00
feet to the POINT OF BEGINNING;
CONTAINING 167,240.00 square feet (3.8393 acres) of land, more or less.
This tract of land is designated as Reserve "E" of the Proposed Castlewood
Park Subdivision.
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EXHI�IT "A"
j j
tV 1
3.8393 acres being a part of 11.4003 acres of land out of Lots 15 and 16.
Block 5. Friendswood Subdivision as recorded in Volume 238, page 14 and
Volume 254, page 37 of the Galveston County Deed Records, in the Sarah
McKissick or J. R. Williams League in Calveston County. Texas. 11.4003
acres of land from Thomas Montgomery. Trustee, to Ralph L. Lowe as
recorded in Film Code 002-72-2285 in the Galveston County Deed Records
dated December 23, 1983. The 3.8393 acres are more particularly described
by metes and bounds as follows:
COMMENCING from the North corner (5/8-inch iron rod) of said 11.4003 acre
tract being the intersection of the Southeast R.O.W. line of Castlewood
Drive (60 feet) and the Southwest R.O.W. line of Friendswood Drive (100 feet);
THENCE, South 45 degrees 00 minutes 00 seconds East, along said Southwest
R.O.W. line of Friendswood Drive, a distance of 240.00 feet to a 1/2 inch
iron rod being the POINT OF BEGINNING;
THENCE, South 45 degrees 00 minutes 00 second East, a distance of 326.00
feet to a point for corner; said corner being on the Southwest R.O.W. line
of Friendswood Drive;
THENCE, South 45 degrees 00 minutes 00 seconds West, a distance of 440.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West. a distance of 396.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds East, a distance of 340.00
;
feet to a point for corner,
THENCE, South 45 degrees 00 minutes 00 seconds East, a distance of 70.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 100.00
feet to the POINT OF BEGINNING;
CONTAINING 167.240.00 square feet (3.8393 acres) of land, more or less.
This tract of land is designated as Reserve "E" of the Proposed Castlewood
Park Subdivision.
. ..
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WAIVER OF INSPECTION
_ Friendswood, Texas
City State
USLIFE Title Insurance Company.
Gentlemen:
In consideration of the issuance to the undersigned of your Policy Serial No.
for $ 296,712.64 guaranteeing that title to
See attached
•
as described in deed of even date herewith from H. K. & Esther Speck Foundation
to the undersigned
is good in the undersigned
subject to the terms of such policy,
We hereby waive inspection by you of such property and accept your policy subject to rights
of parties in possession, and those under whom they hold, and to any visible and apparent roadway
or easement over or across the subject property, the existence of which does not appear of record, if
any such parties are now in possession of,or if any such roadway or easement affects the premises upon
which you have issued such policy, and take it upon ourselves to inspect such premises
and to obtain possession thereof from the present occupants.
Very truly yours,
'.i
I EXHIBIT "A"
•
4..
.' 3.8393 acres being a part of 11.4003 acres of land out of Lots 15 and 16,
Block 5, Friendswood Subdivision as recorded in Volume 238, page 14 and
Volume 254, page 37 of the Galveston County Deed Records, in the Sarah
McKissick or J. R. Williams League in Galveston County. Texas. 11.4003
acres of land from Thomas Montgomery, Trustee, to Ralph L. Lowe as
recorded in Film Code 002-72-2285 in the Galveston County Deed Records
dated December 23, 1983. The 3.8393 acres are more particularly described
by metes and bounds as follows:
COMMENCING from the North corner (5/8-inch iron rod) of said 11.4003 acre
tract being the intersection of the Southeast R.O.W. line of Castlewood
Drive (60 feet) and the Southwest R.O.W. line of Friendswood Drive (100 feet);
THENCE. South 45 degrees 00 minutes 00 seconds East, along said Southwest
R.O.W. line of Friendswood Drive, a distance of 240.00 feet to a 1/2 inch
iron rod being the POINT OF BEGINNING;
THENCE, .South 45 degrees 00 minutes 00 second East, a distance of 326.00
feet to a point for corner; said corner being on the Southwest R.O.W. line
of Friendswood Drive;
THENCE, South 45 degrees 00 minutes 00 seconds West, a distance of 440.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 396.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds East, a distance of 340.00
feet to a point for corner;
THENCE, South 45 degrees 00 minutes 00 seconds East, a distance of 70.00
feet to a point for corner;
THENCE, North 45 degrees 00 minutes 00 seconds West, a distance of 100.00
feet to the POINT OF BEGINNING;
CONTAINING 167,240.00 square feet (3.8393 acres) of land, more or less.
This tract of land is designated as Reserve "E" of the Proposed Castlewood
Park Subdivision.
QIEgQ±...LLIQZ-=-Q411t112111
SALE #2
GRANTOR: Cecil E . Duncan
GRANTEE : Douglas W . Mc Mac lay ,
Trustee
DATE : 5-82
3.3055 acres, part of Lots
LEGAL DESCRIPTION: 40, 41 , and 42 , of Voss
subdivisio.1, of the Sara
Mckissick League, Abstract
1 5 1 , F r i e n d s w o o d ,
Galveston County, Texas.
(Volume 254 , Page 63 ) .
ACTUAL PRICE: $518, 355
PRICE VERIFIED WITH: Grantor and others
LAND SIZE : 3 . 3055 acres
UNIT PRICE : $3. 60 per square foot
VACANT: Yes
IMPROVEMENTS, SIZE & None
DESCRIPTION:
DESIRABILITY : Good
HIGHEST AND BEST USE : Commercial
COMMENTS :
This sale, along with Sale # 1 , consisted of theshopping
center site. Sale #2 was the key location and therefore, it
brought a higher value. Both Sale # 1 and #2 were zoned C- 1
which was for commercial uses. (See Sale #1 for additional
comments. ) This sale was adjusted downwards for superior
location and upwards for time.
Q.It>snt-lulus-=-Qsnt.tnuu�
SALE #3
GRANTOR: Johnnie Warfod
GRANTEE : Losco Builders Incor -
porated
DATE : 4-82
LEGAL DESCRIPTION: One acre out of the John
V. Ycst, 23. 25 acre tract
in the W .D.C. Halt League,
Abstract #70 , Brazoria
County, Texas .
ACTUAL PRICE : $59, 242
PRICE. VERIFIED WITH: Selling realtor, Pearland
Properties
LAND SIZE : One acre
UNIT PRICE : $1 . 36 per square foot
VACANT: Yes
IMPROVEMENTS, SIZE & None
DESCRIPTION :
DESIRABILITY : Good
HIGHEST AND BEST USE : Speculative/Commercial
COMMENTS :
This sale was west of the subject property in the City of
Pearland on FM 518. The realtor informed the appraiser that
it was a sale which the grantor had to dispose of quickly.
The estimated value by the realtor, instead of $ 1 .36 per
square foot, ranged from $ 1 .50 to $1 .65 per square foot, on
the open market, on normal marketing conditions. This sale
was located on the corner of Hamm and FM 518. This site was
Sale #3 - Continued
smaller than the subject but was used for a lack of better
sales. This sale was adjusted upwards for time and inferior
1 location.
•
r
1
SALE #4
GRANTOR: Edwin H. Harris, Jr.
GRANTEE : Don Bucsanyi
DATE : 4-82
LEGAL DESCRIPTION: 1 .9879 acres out of Lots 3
and 4, Block 5, Webster
Townsite, Robert Wilson
League , Abstract 88 ,
Webster, Harris County,
Texas .
ACTUAL PRICE : $135, 951
PRICE VERIFIED WITH: Selling realtor, Key 21 ,
Friendswood, Texas
LAND SIZE : 1 . 9879 acres
UNIT PRICE : $1 . 57 per square foot
VACANT: Yes
IMPROVEMENTS, SIZE 8
DESCRIPTION : None
DESIRABILITY : Average
HIGHEST AND BEST USE : Commercial
COMMENTS :
This sale was on the north side of FM 528, approximately
one-half mile west of the Gulf Freeway in the City of
Webster. It was purchased as a site for a Yamaha motorcycle
sales and repair facility. It was zoned commercial and
utility lines did not extend to the property, but were
available at additional cost. The estimated cost, based on
overall sales price should add about 50 cents per square
1
QIEQCi_L IQL___QQ11tlnu4.c1
Sale #4 — Continued
foot to this sale, resulting in a value in the vicinity of
$2. 00 per square foot. This sale was considered to be
inferior in location, and was P
adjusted upwards.wards. A time
adjustment was warranted based on an abundance of market
activity in new construction.
QI>=
_Q4IIf1II11SS1
SALE #5
GRANTOR: F. Brown, Jr .
GRANTEE :
John Moon, Trustee
DATE : 2-82
LEGAL DESCRIPTION : Not available at the time
of the report. It is
located on the northeast
corner of East Heritage
Dr 1 v e and FM 518 in
Fr i endswood, Texas. This
is approximately one mile
east of the subject.
property on FM 518 .
ACTUAL PRICE : $272, 250
PRICE VERIFIED WITH : A representative of the
Grantee
LAND SIZE : 2. 5 acres
UNIT PRICE : $2 . 50 per square foot
VACANT: Yes
IMPROVEMENTS, SIZE &
DESCRIPTION : None
DESIRABILITY : Good
HIGHEST AND BEST USE : Commercial
COMMENTS :
This sale was made so a new bank could be built upon this
site. This sale was considered to be similar in location.
A time adjustment was warranted based on increased values in
the general area.
Qltact_ lsn___QQn±inusl
SALE 16
GRANTOR: T. E . Burke Construction Co.
GRANTEE : Daniel and Darlene Gage
DATE OF SALE : March 1985
LEGAL DESCRIPTION: Parcel B- 2-A and C- 1 out of
11 . 4003 acres , Friendswood
Subdivision, Galveston County,
Texas.
ACTUAL PRICE : $50, 000
PRICE VERIFIED WITH : Representative of Grantor
LAND SIZE : 13, 000 square feet
UNIT PRICE : $3 . 85 psf
VACANT: Yes
IMPROVEMENTS, SIZE & None
DESCRIPTION :
1 DESIRABILITY : Good
HIGHEST AND BEST USE : Commercial
COMMENTS :
This sale is zoned Commercial Shopping Center in the City of
Friendswood . This sale is located approximately 100 feet
east of Castlewood Drive, with approximately 130 front feet
on FM 518. Since the Date of Sale, this site has been
improved with a beauty salon .
Q1csQt_Liss___QQntlnuss1
SALE 17
GRANTOR: Branscom Company, Inc .
GRANTEE : Arron Development Company
DATE OF SALE : February 5, 1984
LEGAL DESCRIPTION: Not Available
ACTUAL PRICE : $375, 000
PRICE VERIFIED WITH: Sales Agent
LAND SIZE : 1501 x 2501 or 37 , 500 sq . ft.
UNIT PRICE : $ 10. 00 per square foot
VACANT: Yes
IMPROVEMENTS, SIZE 8 None
DESCRIPTION :
DESIRABILITY : Good
HIGHEST AND BEST USE : Commercial
COMMENTS :
This sale is zoned C - 1 Commercial inl the City of
Friendswood. This sale is located on Fm 528 and Sunset.
This sale has approximately 150 front feet on FM 528, with
250 front feet on Sunset. This sale was located in a wet
county, allowing for beer sales. The Grantee indicated that
more than market was paid for this site because of this sale
being located in a wet county.
6��1�C�eS1Q1���61�Q_L1MlIll�Q_QQI�QlIl41��
1 . This appraisal covers the property as described in
this report, and the areas and dimensions as shown
herein are assumed to be correct.
2. The appraiser assumes no responsibility for
matters legal in nature affecting the property
appraised or the titiethereto, nor does the
appraiser render any opinion as to the title,
which is assumed to be good and marketable. The
property is appraised as though under responsible
ownership .
3. The appraiser has made no survey of the property
and assumes no responsibility in connection with
such matters. Any sketch or identified survey of
the property included in this report is only for
the purpose of assisting the reader to visualize
the property.
4 . The appraiser is not required to give testimony or
attendance incourt by reason of this appraisal
unless arrangements have been previously made.
5 . The appraiser assumes that there are no hidden or
apparent conditions of the property , subsoil , or
structures, which would re
nder it more or less
valuable. The appraiser assumes no responsibility
for such conditions , or for engineering which
might be required to discover such factors .
6 . The mechanical equipment is assumed to be in
working condition. The appraiser has conducted no
test of the mechanical equipment and therefore
makes no warranty of said equipment .
7 . Information, estimates, and opinions furnished to
the appraiser and contained in the repo-t were
cbtained from sources considered reliable and
believed to be true and correct. However, no
responsibility for accuracy of such items
furnished to the appraiser can be assumed by the
appraiser .
8 . The allocation of total value to land or
buildings, as shown in this report, is invalidated•
if used separately in conjuction with any other
appraisal .
6L.ZuM12±1QnZ-ZI1 -L.iMiting-QQII.d.It1s0s-=-GQnflnuQ.cl
9. Disclosure of the contents of the appraisal report
is governed by the By-Laws and Regulations of the
American Institute of Real Estate Appraisers of
the National Association of Realtors .
10 . One (or more) of the signatories of this appraisal
report
p t is a member (or candidate) of the American
Institute of Real
Estate Appraisers
pp ers of the
National Association of Rea
ltors. The By_
Laws and
Regulations of the Institute require each member
and candidate to control the use and distribution
of each appraisal report signed by such member or
candidate. Therefore, except as herein after
Provided the party for whom thi
s appraisal report
was prepared may distribute copies of this
appraisal report, in its entirety, to such third
parties as may be selected by the party for whom
this appraisal report was prepared; however,
portions of this appraisal report shall not be
1 ven to third parties riles withoutprior wri
tten
itten
consent of the signatories of this appraisal
report. Further, neither all nor any part of th i s
appraisal report shall
P be disseminated to the
general public by the use of advertising media,
public relations media, news media, sales media
or other media for public communication without
the prior written consent of the signatories of
this appraisal report.
11 . The following statements represent official policy
of the American Institute of Real Estate
Appraisers with respect to the neighborhood
analysis and the appraisal of residential real
estate:
a . It is improper to base a conclusion or
opinion of value upon the premise that the
racial , ethnic, or religious homogeneity of
the inhabitants of an area or of a property
is necessary for maximum value .
b . Racial , religious , and ethnic factors are
deemed unreliable and predictors of value
trends or price variance.
LzzumRt.Isnn_=1_L.iml±ing-CQI1d1± Qns_=_QQn±lnuaLl
c. It is improper to base a conclusion or
opinion of value, or a conclusion with
respect to neighborhood trends, upon
stereotyped or biased presumptionsrelating
to race, color, religion, sex or national
origin or upon unsupported presumptions
relation to the effective age or remaining
life expectancy of the neighborhood in
which it is located .
The American Institute of Real Estate Appraisers conducts a
voluntary program of continuing education for its designated
members. MAI 's and RM's who meet the minimum standards of
this program are awarded periodic educational
certifications. I am certified under this program through
September 15, 1986 .
3.8393 ACRES
FRIENDSWOOD DRIVE NEXT TO FIRE STATION
Property was appraised on September 30, 1985
by E.I. Tarin & Co. for $3.50 per square foot. $ 585,000.00
On December 12, 1985 the H.K. and Esther Speck
Foundation purchased the property for 292,500.00
Closing costs on the transaction paid by
the Foundation (all 1985 taxes were paid
by the Seller) 2,118.50
The transaction was financed by a loan from
Pearland State Bank for $ 295,000.00 at
11% interest. Interest being incurred by the
Foundation amounts to:
Daily: 88.90
Monthly: 2,704.00
AVAILABLE FUNDS
Advance tap fees: $ 1,200,000.00
Disbursed for equipment < 91,332.00
Interest earned to date 64,389.33
$ 1,173,057.33
3.8393 ACRES
FRIENDSWOOD DRIVE NEXT TO FIRE STATION
Property was appraised on September 30, 1985
by E.I. Tarin & Co. for $3.50 per square foot. $ 585,000.00
On December 12, 1985 the H.K. and Esther Speck
Foundation purchased the property for 292,500.00
Closing costs on the transaction paid by
the Foundation (all 1985 taxes were paid
by the Seller) 2,118.50
The transaction was financed by a loan from
Pearland State Bank for $ 295,000.00 at
11% interest. Interest being incurred by the
Foundation amounts to:
Daily: 88.90
Monthly: 2,704.00
AVAILABLE FUNDS
Advance tap fees: $ 1,200,000.00
Disbursed for equipment < 91,332.00
Interest earned to date 64,389.33
$ 1,173,057.33
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1
. . ( io) SOUTH FRIENDSWOOD DRIVE
(ooaow)
P.O.C. P.O.B. Found 1/2"
North Corner Of Found 1/2" Iron Rod
11 .4003 Acre Tract Iron Rod
002-72-2285
1/ 5450000E 32600 \t,'
0 /
� , Dirt ,� � 35' B.L.
003-7 -0925
Set 1/2" ^�_ ' V-18, P-73
Iron TT ; onc. Clonc.
TRACT D ,
18/73 ,� � i
Q
1�
Set "X" ;.�0 ,.r•t4 t ‘,2.4, 27.1 r
In Conc. .; 0 2 Story, Brick 4 T;
p ' .• �s : $ & Coney,,,Block a :.•?
008-63-2707 '
Conc Block
CU Enclosure— . TRACT F
• -
rn Conc. 0 18/73
0 City Of
W 0 • . Friendswood
fir 414.
TRACT C so
18/73 C) ) , • •-• •- , , . • ,•cn
3.808 Acres L
2! V-238,P-14
V-254,P-37
V-18, P-73 . r.-)
N45.0dooW • 396.00 / i
/ TRACT F
Found 1/2" /2"
18/73 Found 1
Iron Rod City Of Friendswood Iron Rod
®= S45°00'00"E 240.00' OB = N45°00'00"E 119.00' 0= S45°00'00"E 70.00'
NOTE: This Survey Completed Without The Benefit Of Information Contained In A Title
Report Per The Request Of The Buyer.
BUYER City Of Friendswood 910 South Friendswood Drive
}DESCRIBED PROPERTY Being 3.808 acres of land, more or less, and being a Pert of 11 .4003
acres of land out of Lots 15 and 16, Block 5, FRIENDSWOOD SUBDIVISION as recorded in
Volume 238, Page 14, and Volume 254, Page 37 of the Galveston County Deed Records, in
the Sarah McKissick or R. Williams League in Galveston County, Texas, 11 .4003 acres
of land from Thomas Montgomery, Trustee to Ralph L. Lowe as recorded in Film Code 002-
72-2285 in the Galveston County Deed Records dated December 23, 1983, the 3.808 acres
be
ing more particularly described by metes and bounds as attached. {
SURVEY 1, INC. Idoh «dIyta �""""„asMbdo'mad,°"""gr°un°«M.
properly lowly hellion.(or on Iho Wm:hod*won,and I collect,
and ihoa.noon_ioodrnorw%riwriowti and was done wm orurdr
P. O. BOX 2543 • ALV1N TX 77512 ,�' �STE myaponA/on and oonboe loorec Wt�hoa en,iarwodsaoeawsd
C281)393-1382 • Fax 1)393-1383 br O A6.•s byte%NOB Wad d Pwasrond Una 9LIVOYM
FIELD NOTES
Of A Survey Of
Being 3.808 acres of land, more or less, and being a part of 11.4003 acres of land out of
Lots 15 and 16, Block 5, FRIENDSWOOD SUBDIVISION as recorded in Volume 238,
Page 14 and Volume 254, Page 37 of the Galveston County Deed Records, in the Sarah
McKissick or J. R. Williams League in Galveston County, Texas, 11.4003 acres of land
from Thomas Montgomery, Trustee, to Ralph L. Lowe as recorded in Film Code 002-72-
2285 in the Galveston County Deed Records dated December 23, 1983, the 3.810 acres
being more particularly described by metes and bounds as follows:
COMMENCING at the North corner of the aforementioned 11.4003 acre tract as
recorded in Film Code 002-72-2285;
THENCE South 45 deg 00 min 00 sec East, a distance of 240.00 feet to a `/2 inch iron rod
found for the POINT OF BEGINNING of the herein described tract, said point being in
the Southerly right-of-way line of Friendswood Drive (100.00 feet wide);
THENCE continuing South 45 deg 00 min 00 sec East, along said Southerly right-of-way
line of Friendswood Drive, a distance of 326.00 feet to a `/2 inch iron rod found for
corner;
THENCE South 45 deg 00 min 00 sec West, a distance of 440.00 feet to a `/2 inch iron
rod found for corner;
THENCE North 45 deg 00 min 00 sec West, a distance of 396.00 feet to a V2 inch iron
rod found for corner;
THENCE North 45 deg 00 min 00 sec East, a distance of 321.00 feet to an "X" in
concrete set for corner;
THENCE South 45 deg 00 min 00 sec East, a distance of 70.00 feet to a `/2 inch iron rod
set for corner;
THENCE North 45 deg 00 min 00 sec East, a distance of 119.00 feet to the POINT OF
BEGINNING of the herein described tract of land and containing 3.808 acres of land,
more or less.
(F. U F.rF
,,• 5: GIST
( ' .T.
WEBER r
q 4101
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