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HomeMy WebLinkAbout1989-07-28 Letter, Property EncumberancesFREDRIKSON & BYRON IOIIN P BYRON MICHAEL A STERN A PROFESSIONAL ASSOCIATION TI B2RN A BISBEE, HINEIL A WEI RART JOHN M PALMLS WIWAM J. ERODY RICHARD R HANSEN JEROME ■ PEDERSON JOHN H MIRKLE THOMAs S n1ASEN I Io0 INTERNATIONAL CENTRE No IN G WERER ROBERT P SANIA JOHN A GRIMSTAD ERIC S. ANDERSON 900 SECOND AVENIJE SOUTH KEITH A LIBRE, DAVIDA BUSCH MINNEAPOLIS. MINNESOTA 55402-3397 RONRNT a WHITLUCK RAYMOND M LAZAR DAVID C GRORUD RONRAD J PRIEDIMANN TELEX 290569 FREDRIK50N MPS THOMAS R KING LARRY I RUG TELECOPIER 16I21 347 7o; 7 JOHN 11 STOLT ' MRS L RAILUt WIWAM I KAM►P JOHN J ERHART IOHN G. ROST THLEIN A. HUGHES TELEPHONE 16121 347-7000 N. 59STRAM GREENER JOHN M. RONECII WARREN E. MACK THOMAS R. WILHILMY WRITER'S DIRECT DIAL JOHN L. POWERS ►AUL L. LANDRY ..,I S P DIPSSNER KEW G. HAREISON QVII',TIN T. JOHNSON TED S. MEIKLE TIMOTHY M "RANDY ROBERT PATRICIA A. aERNON C 1 (612) 3 4 7- 7 0 5 2 NNALSLRR LINDA SCHWARTZ LEA G STERN JAMES ■. PLATT FREDERICK E FINCH DAVID P BLIND[ THOMAS W. GARTON ►AYE KNOWLES JOHN A SATORIUS RICHAND A. RJri July 28, 1989 City of Orono P.O. Box 66 Crystal Bay, Minnesota 55323 PREMISES: Lot 2, Block 1, Foxwood Dear Sirs: AY P N K. / S K. K~ S MAN RA UM HA u. use RANDY a IVA )ON C NUC 1HKYA J SAN;1" JOA!' 1 MANY P RAUMAN CA 1 RUDINI SHRILSH R. POLKY PREITAG ROURT C "SVIRT. Jal D RUTALL SIMON C'. ROOT -� ROURT J. ART SANDRA YAIC.IR RODRAC' ► CHIT YLON MANY I. STRAND STRICKU LYNN M. GARDIN IRA NALM JOHN P. WVRM TODD A. WIND RICHARD G MORGAN JAY L. KIM DANIIL J. MAIRTINS KRISTI K. CARLSON SUSAN J. HARDMAN{ONRUN JAY M QUAM WELLS J WRIGHT 11912 199Si OF COUNSEL HAROLD M. ►RIDIUKMNI KARL P. DIRSSIIU EARL F. COLeORN. IN. It is our opinion that as of the 26th day of June, 1989, at 7:00 a.m., marketable record title in fee simple to the above -described premises located in Hennepin County, Minnesota, was vested in Dennis F. Kumlin, a single person, subject, however, to the following defects, encumbrances and qualifications: 1. Real estate taxes due and payable in the year 1989 in ' the amount of $4,629.16, the first one-half of which has been paid. Base tax amount is $4,585.91. (Property I.D. No. 6� S a �$ 04-117-23-43-0010.) 1 N E , W III 2. Mortgage in the original principal amount of � �rM14 +ii '1oNwl d $100,000.00 in favor of Midland National Bank of Minneg2lis, a P Ssoua�� United States of America corpora ion, date eptember 10, 1979, filed September 12, 1979, as Document No. 1347305. 3. Mortgage in the original principal amount of $78,000.00 in favor of Beneficial Loan & Thrift Co., a Minnesota corporation, dated April 17, 1984, filed April 17, 1984, as Document No. 1572959. 4. Mortgage in the original principal amount of $24,000.00 in favor of RRH & Co., a Minnesota partnership, dated May 5, 1989, filed May 9, 1989 as Document No. 2011286. FREDRIKSON & BYRON A VPOUNSIONAL AW)CIATION City of Orono Page 2 July 28, 1989 5. Easement for sanitary sewer purposes in favor of Metropolitan Waste Control Commission granted in instrument dated April 10, 1975, filed May 7, 1975, as Document No. 1138926 described in Exhibit A attached hereto. 6. Easement for conservation and flowage purposes in favor of City of Orono granted in instrument dated October 4, 1978, filed October 12, 1978, as Document No. 1298185 described in Exhibit B attached hereto. 7. Drainage and utility easements in favor of the public created in the plat of Foxwood over five feet adjoining lot lines and ten feet adjoining street. 8. We have based this opinion upon a registered property abstract covering Certificate of Title No. 577068 prepared by Title Insurance Company of Minnesota on August 14, 1986, as well as a condition of title prepared by the Hennepin County Registrar of Title's office on June 26, 1989 and other records deemed appropriate. This opinion is specifically limited to the matters shown by the said registered property abstract and the said condition of title. The following are certain matters which do not appear of record and are not covered by this opinion and may require additional inquiry or investigation: a. Rights of the parties in possession, if any, other than the owners whose interests are set forth in this opinion. b. Facts which would be disclosed by an accurate survey. C. Mechanic's lien rights, if any, for labor or materials which have been furnished to the premises or to property connected therewith within 120 days prior to the date of certification of the abstract. d. Public zoning, building, subdivision, historic preservatiin, land use and environmental laws, ordinances and regulations. FREDRIKSON & BYRON A PNOFFMIONAL ASSOCIATION City of Orono Page 3 July 28, 1989 e. All rights in p�bl.tc roads and streets upon the land. f. Special assessments which may be a lien against the premises (but not included in the taxes in pte agraph number 1 hereinabove). g. Security interests which may be a lien agac:tst any personal property you are purchasing or in crops or fixtures under Chapter 336, Minnesota Statutes. h. The presence of hazardous substances, hazardous waste, pollutants or contaminants. i. Any information known to you in addition to the matters set forth in this opinion. At your request, we will be happy to assist you in making the further investigatio►ts recommended in this opinion. The Hennepin County Registrar of Title's office advised us that the Owner's Duplicate Certificate of Title is at the Government Center. If you have any questions regarding this opinion., please give me a call. Very truly yours, FRED ON & BYRON, P.A. arr Ba LJB:LHO:BAO:lml:jck 4044r cc: Mark Gronberg Coffin & Gronberg