HomeMy WebLinkAboutRE: proposed replat WALDRON LAW OFFICES, LTD.
JOHN B. WALDRON �e�
ATTORNEY AT LAW P�����'�
SU[TE 103, 1951 CONCORDIA STREET ��'
WAYZATA, MINNESOTA 55391-9320 � �Z � \991
TELFAx(612)471 8859940 �� Jr J,�;GNO
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ALSO ADMITTED TO PRACTICE
IN WISCONSIN
December 23, 1997
City of Orono
P.O. Box 66
Crystal Bay, MN 55323
Re: Proposed replat of Lot 2, Block 1, Hallson Estates
Dear Sir or Madam:
At the request of Michael Hilbelink, I have been requested to issue to you the
following opinion relative to the above matter.
I hereby certify that I have examined the Abstract of Title to the real properry
described below. The Abstract contains 107 entries and was certified to November 30,
1997, at 7:00 a.m., by Edina Realty Title.
Description (This real property is located in Hennepin County):
Lot 2, Block 1, Hallson Estates
(referred to in this letter as the "Property").
As a result of my examination, it is my opinion that as of November 30, 1997, at
7:00 a.m., title to the Property was marketable and was vested in John Hallson, now married
to Linda I. Hallson, subject to the following:
l. A mortgage dated May 9, 1988, and filed May 18, 1988, as Document No.
5409708 in the Hennepin Counry Recorder's office running in favor of FBS
Mortgage Corporation, a Nevada corporation, to secure an original debt of
$95,000.00. ,
Real Propeny Law Specialist, certified by the Minnesota State Bar Association
This mortgage was assigned by FBS Mortgage Corporation to Rothschild
Financial Corporation, a Minnesota corporation, by a document dated August
1, 1988, and filed September 20, 1988, as Document No. 5455794 in the
Hennepin County Recorder's office.
This mortgage was further assigned to Bank of America, fsb, a federal savings
bank, by a document dated June 15, 1996, and filed June 27, 1996, as
Document No. 6598402 in the Hennepin Counry Recorder's office.
2. A mortgage dated May 7, 1993, and filed August 26, 1993, as Document No.
6140257 in the Hennepin County Recorder's office running in favor of
Norwest Bank Minnesota, National Association, to secure an original debt of
$35,000.00.
3. A mortgage dated April 12, 1996, and filed July 23, 1996, as Document No.
6610033 in the Hennepin Counry Recorder's office running in favor of
American Family Financial Services, Inc., a Wisconsin corporation, to secure
an original debt of $5,512.88.
4. A mortgage dated August 22, 1996, and filed September 25, 1996, as
Document No. 6638176 in the Hennepin Counry Recorder's office running in
favor of American Family Financial Services, Inc., a Wisconsin corporation,
to secure an original debt of $15,034.73.
5. A Declaration of Private Road Easement and Declaration of Covenants for
Maintenance of Same dated November 4, 1986, and filed January 22, 1987,
as Document No. 5216205 in the Hennepin County Recorder's office. This
Declaration is for the benefit of the future development of the Property
(described therein as "Lot 2 Hallson Estates Addition").
6. A Resolution of the Orono Ciry Council, No. 3390, dated March 14, 1994,
and filed April 14, 1994, as Document No. 6269521 in the Hennepin County
Recorder's oftice. This Resoiution grants a condiiionai use permit fc,r trie
Property for a temporary greenhouse.
7. Real estate taxes due and payable in 1997 and prior years have been paid in
full. Homestead real estate taxes due and payable in 1997 were in the amount
of $3,715.02 (Base tax amount: $3,679.08, P.I.D. No. 33-118-23 43 0005).
8. Public zoning or building ordinances, municipal regulations and unpaid
installments of special assessments. The Abstract does not contain any
information as to whether there are outstanding or pending assessments
affecting the Property.
9. Drainage and utiliry easements as shown on the plat of Hallson Estates.
10. Any questions of survey or encroachment which may be determined by an
inspection of the Property or an accurate survey of the Property.
11. Any liens for labor or materials furnished to the Property in the last 120 days
for which payment has not been made.
12. The rights of anyone in possession other than the above-named fee owners.
13. The Property is subject to environmental laws or regulations imposing liability
for ownership of property containing hazardous substances or other substances
regulated by such laws or regulations.
14, T�e ProgPrty may be subject to Lens, claims or rights arisin� under the laws
or Constitution of the United States which the State of Minnesota cannot
require to appear of record.
15. The Property is subject to any existing roads, cartways, public streets or
highways.
ery truly yours,
ohn B. aldron
cc: Michael Hilbelink