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HomeMy WebLinkAboutNo Address - General Warranty Deed - Wesley West Cattle, L.P. and Wesley West Descendants Trust GENERAL WARRANTY DEED NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. Date: Grantor: Wesley West Cattle Company Grantor's Mailing Address: Grantee: City of Friendswood, Texas Grantee's Mailing Address: n I Consideration: Cash and other good and valuable consideration. Property (including any improvements): All that certain 1.3347 acres out of Lots 159, 160 and 170, Slone Subdivision according to the plat thereof as filed in Volume 254,Page 53-54 Galveston County Map Records, I. & G. N. RR Company Survey No. 4, Abstract 608, Galveston County, Texas and being out of that certain tract as described in a deed dated 01-01-1992 from Neva Watkins West to Wesley West Cattle Company as filed in the Official Records of Galveston County at Clerk's File Number 9205621 and Film Code Number 007-99-1074 and being more particularly described by metes and bounds as follows (bearings based on Texas Coordinate System of 1983, South Central Zone 42Q4); Beginning at a found 1/2" iron pipe marking the Southeast corner of Restricted Reserve "A" Block 1 Austin Chase at West Ranch, Section Two according to the plat thereof as filed in File Number 2016008227 Galveston County Map Records; 1. Thence S 31' 27' 59" W- 292.93' with the West line of that certain tract as described in a deed dated 04-27-1993 from Texas Parks and Recreation Foundation, Inc. to City of Friendswood as filed in the Official Records of Galveston County at Cleric's File Number 9517142 and Film Code Number 010-39-0211 to a point for corner marking the Southwest corner of said City of Friendswood tract from which a found 2" iron pipe bears S 47' 11' 33" W - 0.48' for reference; 2. Thence S 86' 08' 06" W- 155.78'with the North line of that certain tract as described in a deed dated 08-02-2013 from The Estate of Jimmie Elroy Rathburn to Kyle Perri as filed in the Official Records of Galveston County at Clerk's File Number 2013049164 to a call and found 1/2" iron rod marking the Northwest corner of said Kyle Perri tract; 3. Thence N 03' 44' 32" W 243.49' to a set 5/8" iron rod with cap (stamped C.L. DAVIS-,RPLS 4464) for corner; 4. Thence N 86' 55' 50" E - 324.69' with the South line of Block 1 of said Austin Chase at West Ranch, Section Two to the POINT OF BEGINNING and containing 1.3347 acres (58,141 square feet) of land more or less. 216108 1 Reservations from Conveyance: None Exceptions to Conveyance and Warranty: Validly existing easements, rights-of-way, and prescriptive rights, whether of record or not; all presently recorded and validly existing instruments, other than conveyances of the surface fee estate, that affect the Property; and taxes for 2018, which Grantee assumes and agrees to pay, and subsequent assessments for that and prior years due to change in land usage, ownership, or both, the of which Grantee assumes. payment Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, GRANTS, SELLS, and CONVEYS to Grantee the Property, together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural. WESLEY WEST CATTLE COMPANY By: Stedman West Land and Cattle Company, LLC,its General Partner By: Stuart W. Stedman, Manager WESLEY WEST DESCENDANTS TRUST By: Betty Ann West Stedman, Trustee By: Stuart W. Stedman, Trustee (Acknowledgements on the Following Page) 216108 2 STATE OF TEXAS COUNTY OF GALVESTON On the day of , 2018, before me, the undersigned Notary Public, personally appeared Stuart W. Stedman, known to me or satisfactorily proven to be the person whose name is subscribed to this instrument in his capacity as Manager of Stedman West Land and Cattle Company, LLC, General Partner of Wesley West Cattle Company and acknowledged that he executed the same for the purpose contained therein on behalf of said corporation. Notary Public, State of Texas STATE OF TEXAS COUNTY OF GALVESTON On the day of , 2018, before me, the undersigned Notary Public, personally appeared Betty West Stedman, as Trustee of the Wesley West Descendants Trust, known to me or satisfactorily proven to be the person whose name is subscribed to this instrument and acknowledged that she executed the same for the purpose contained therein. Notary Public, State of Texas STATE OF TEXAS COUNTY OF GALVESTON On the day of , 2018, before me, the undersigned Notary Public, personally appeared Stuart West Stedman, as Trustee of the Wesley West Descendants Trust, known to me or satisfactorily proven to be the person whose name is subscribed to this instrument and acknowledged that he executed the same for the purpose contained therein. Notary Public, State of Texas 216108 3 ADDENDUM TO CLOSING DISCLOSUR File No.: 216108 Date: Z , 2018 Legal: All that certain 1.3347 acres out of Lots 159, 160 and 170, Slone Subdivision according to the plat thereof as filed in Volume 254, Page 53-54 Galveston County Map Records, I. & G. N. RR Company Survey No. 4, Abstract 608, Galveston County, Texas and being out of that certain tract as described in a deed dated 01-01-1992 from Neva Watkins West to Wesley West Cattle Company as filed in the Official Records of Galveston County at Clerk's File Number 9205621 and Film Code Number 007-99-1074 and being more particularly described by metes and bounds as follows (bearings based on Texas Coordinate System of 1983, South Central Zone 42Q4); Beginning at a found 1/2" iron pipe marking the southeast corner of Restricted Reserve "A", Block 1, Austin Chase at West Ranch, Section Two according to the plat thereof as filed in File Number 2016008227 Galveston County Map Records; 1. Thence S 31° 27' 59"W-292.93' with the west line of that certain tract as described in a deed dated 04-27-1993 from Texas Parks and Recreation Foundation, Inc. to City of Friendswood as filed in the Official Records of Galveston County at Cleric's File Number 9517142 and Film Code Number 010-39-0211 to a point for corner marking the southwest corner of said City of Friendswood tract from which a found 2" iron pipe bears S 47° 11' 33"W- 0.48' for reference; 2. Thence S 86' 08' 06"W- 155.78' with the north line of that certain tract as described in a deed dated 08-02-2013 from The Estate of Jimmie Elroy Rathburn to Kyle Perri as filed in the Official Records of Galveston County at Clerk's File Number 2013049164 to a call and found 1/2" iron rod marking the northwest corner of said Kyle Perri tract; 3. Thence N 03' 44' 32"W 243.49' to a set 5/8" iron rod with cap (stamped C.L. DAVIS-RPLS 4464) for corner; 4. Thence N 86' 55' 50" E - 324.69'with the south line of Block 1 of said Austin Chase at West Ranch, Section Two to the POINT OF BEGINNING and containing 1.3347 acres (58,141 square feet) of land more or less. I have carefully reviewed the Closing Disclosure and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction. The Company has deposited the earnest money that it has received in a demand deposit account that is federally insured to the maximum extent permitted by law. Demand deposit accounts are non-interest bearing pursuant to federal law, but offer immediately available funds for withdrawal after a check has cleared. The Company may receive other benefits from the financial institution where the funds are deposited. Based upon the deposit of escrow funds in demand accounts and other relationships with the financial institution, Title Company is eligible to participate in a program offered by the financial institution whereby the Title Company may (i) receive favorable loan terms and earn income from the investment of loan proceeds and (ii) receive other benefits offered by the financial institution. The Seller's and Purchaser's/Borrower's signatures hereon acknowledge their approval and signify their understanding that tax and insurance pro-rations and reserves are based on figures for the preceding year or supplied by others or estimated for the current year, and in the event of any change for the current year, all necessary adjustments will be made between Purchaser/Borrower and Seller directly. Any deficit in delinquent taxes or mortgage payoffs will be promptly reimbursed to the Settlement Agent by the Seller. The parties have read and understood the above sentences, and recognize that the above relations herein are material and important. The parties agree to these statements, and recognize Title Company is relying on these recitations in closing this transaction. I certify and acknowledge that I have received a copy of this Closing Disclosure and have read and understood the disclosure stated above. Wesley West Cattle CompanyG --- - By: Stedman West Land and Cattle Company, LLC, its City of Friendswood, Texas general partner By: Date: Stuart W. Stedman, Manager Wesley West Descendants Trust By: Stuart W. Stedman, Trustee By: Betty Ann West Stedman4ic' , Trstee The Closing Disclosure w have is a true and accurate account of this transaction. I have caused or will prepared cause the funds to be r}isbur a in ac ordance with this statement. �/7z �/ A Settlement Agent: I Date: — 1 D'An us J (\ EXHIBIT "A" LEGAL DESCRIPTION File No.: 216108 All that certain 1.3347 acres out of Lots 159, 160 and 170, Slone Subdivision according to the plat thereof as filed in Volume 254, Page 53-54 Galveston County Map Records, I. & G. N. RR Company Survey No. 4, Abstract 608, Galveston County, Texas and being out of that certain tract as described in a deed dated 01-01-1992 from Neva Watkins West to Wesley West Cattle Company as filed in the Official Records of Galveston County at Clerk's File Number 9205621 and Film Code Number 007-99-1074 and being more particularly described by metes and bounds as follows (bearings based on Texas Coordinate System of 1983, South Central Zone 42Q4); Beginning at a found 1/2" iron pipe marking the southeast corner of Restricted Reserve "A", Block 1, Austin Chase at West Ranch, Section Two according to the plat thereof as filed in File Number 2016008227 Galveston County Map Records; 1. Thence S 31° 27' 59"W-292.93'with the west line of that certain tract as described in a deed dated 04-27-1993 from Texas Parks and Recreation Foundation, Inc. to City of Friendswood as filed in the Official Records of Galveston County at Cleric's File Number 9517142 and Film Code Number 010-39- 0211 to a point for corner marking the southwest corner of said City of Friendswood tract from which a found 2" iron pipe bears S 47' 11' 33"W- 0.48' for reference; 2. Thence S 86' 08' 06"W- 155.78' with the north line of that certain tract as described in a deed dated 08-02-2013 from The Estate of Jimmie Elroy Rathburn to Kyle Perri as filed in the Official Records of Galveston County at Clerk's File Number 2013049164 to a call and found 1/2" iron rod marking the northwest corner of said Kyle Perri tract; 3. Thence N 03' 44' 32"W 243.49' to a set 5/8" iron rod with cap (stamped C.L. DAVIS-RPLS 4464) for corner; 4. Thence N 86' 55' 50" E - 324.69' with the south line of Block 1 of said Austin Chase at West Ranch, Section Two to the POINT OF BEGINNING and containing 1.3347 acres (58,141 square feet) of land more or less. File No.: 216108 Page 1 of 1