1991-09-03 Letter, Review of Property Files

Home Browse Search

jBnwrW.LMtfUT BnKv A.IMPK> B aiumia Zmoio Aauev Lambert & Boeder A tiormys A tLaw lUUOSuruMiBMUVARO WAYXATA.MMCiaTA S3391 (612) 475-3433 Tojconex (612) 475-0301 CARTUDlLAfTTU KojjrlLLom Mary K Uvttww OCouw. CowuM D. Lyhcr ItaMAiAludO S«ptembet 3. 1991 City of Orono p. O. Box 66 Cryital Bay* MN S5323 Bo'; 3020 cateo Point Road* Wayzata, Minnesota SS391 City of Orono Rvaolution No. 2869 Dear Blr/Madam: Pursuant to your direction in the abovo-roforoncod resolution* 1 have examined ' a registered property abstract prepared by Universal Title Insurance Company, dated August 20* 1991* at 7:00 a.n.* consisting of four pages and three exhibits. My examination of said registered property abstract indicates that on the date and hour above stated there vas outstanding in the Office of the^ Registrar of Titles fo^ Hennepin County* Minnesota* Certificate of Title No. 705574, showing record title in fee simple absolute to the following described property situated in Hennepin County. Minnesota* to-wit: Tract T. Registered Land Survey No. 461* Files of Registrar of Titles. County of Hennepin* stood in the name of Delorls Braun, also known Braun* an undivided 1/2 interest, and Ronald undivided 1/2 interest, subject to the following: as Delores Braun, an 1. The inchoate interes l■eccied to Ronald Braun. of Carol A. Braun* who is 2. A Mortgage in favor of The Farmers and Mechanics savings Bank of Minneapolis (a Minnesota corporation), in the original amount of $40*000.00* dated May 10* 1976* and filed for record on Nay 18* 1978. as Document No. 1273244. 3. A Contract for Deed in favor of Carol J. Kelly. In the original amount of $200,000.00. dated April 15. 1983* and filed for record on April 20. 1983. as Document No. 1S09925.