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HomeMy WebLinkAboutRESOLUTION NO. 2016-53 RESOLUTION NO. 2016-53 RESOLUTION APPROVING A REAL ESTATE PURCHASE AGREEMENT BETWEEN THE CITY OF FAIRFAX AND CMF&S INVESTMENTS, L.C. AN IOWA LIMITED LIABILITY COMPANY FOR VACANT GROUND LOCATED AT 98 W. CEMETERY ROAD WHEREAS, City staff has negotiated a Real Estate Purchase Agreement (the "Agreement") with CMF&S Investments, L.C., an Iowa limited liability company, for certain vacant land located at 98 W. Cemetery Road (Tax Identification Numbers 200915101000000) for $31,350.00 and other valuable consideration contingent on Council approval; WHEREAS, the City intends on using the property for purpose of installation and maintenance of a sanitary sewer main line and trail improvement; and WHEREAS, the Agreement should be approved. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, OF THE CITY OF FAIRFAX, IOWA, THAT: 1. The Agreement, attached hereto and incorporated herein by reference, is approved. 2. The Mayor is authorized to execute all documents necessary to acquire said property in accordance with the Agreement. Passed and approved this 3111 day of May, 2016. Council Member Kell moved the adoption of the Resolution; seconded by Council Member Daly. AYES: Beer, Daly, Kell, Volk, and Wainwright NAYS; None Marianne Wainwright, Mayor Pr„f empore ATTEST: �x9 Y YI,•�i Cy,nihia Stimson, City Clerk/Treasurer " cCL ur- a a i o _ w d OFFER,TO SEMI, REAL ESTATE AND ACCEPTANCE TO: City of Fairfax,Iowa("Brayer"): 1. REAL ESTATE DESCRIPTION, The Seller offers to sell to Buyer real estate situated in Fairfax, Linn County, Iowa legally described on Exhibit "A", attached hereto and incorporated herein by reference, with any easements and appudenant servient estates, but subject to the following: a. any zoning and other ordinances; b, any covenants of record; c. any easements of record for public utilities,roads and highways(hereinafter designated the"Real Estate"), 2. PRICE. The purchase price shall be $31,350.00 payable at Linn County, Iowa at Closing. 3. REAL ESTATE TAXES. Seller shall pay all of the real estate taxes for the fiscal year ending June 30, 2015, and its pro rata portion of the real estate taxes for the fiscal year ending June 30, 2016 (prorated to the date of Closing) and any unpaid real estate taxes payable in prior years. BUYER shall pay all subsequent real estate taxes. Any proration of real estate taxes on the Real Estate shall be based upon such taxes for the year currently payable unless the parties state otherwise. 4. SPECIAL ASSESSIINIENTS. a. Seller shall pay all special assessments which are a lien on the Real Estate as of the date of Closing. b. All subsequent special assessments shall be paid by Buyer. 5. RISK OF LOSS AND INSURANCE. All risk of loss shall remain with Seller until possession of the Real Estate shall be delivered to Buyer. 6. CARE AND MAINTENANCE. The Real Estate shall be preserved in its present condition and delivered intact at the time possession is delivered to Buyer, provided, However, if there is loss or destruction of all or any part of the Real Estate fi-om causes covered by the insurance maintained by Seller, Buyer shall have the option to accept such damaged or destroyed Real Estate together with such insurance proceeds in lieu of the Real Estate in its present condition and, if Buyer exercises such option, Seller shall not be required to repair or replace same. 7. CLOSING/POSSESSION. If Buyer timely performs all obligations, possession of the Real Estate shall be delivered to Buyer on June 15, 2016 (the "Closing Date"), or sooner by mutual agreement of the parties, with any adjustments of rent,insurance, and interest to be made as of the date of transfer of possession. 8. FIXTURES. All property that integrally belongs to or is part of the Real Estate, whether attached or detached, shall be considered a part of the.Real Estate and included in the sale. 9. USE OF PURCHASE PRICE. At time of settlement, funds of the purchase price may be used to pay taxes and other liens and to acquire outstanding interests,if any,of others. 10. ABSTRACT AND TITLE. Seller agrees to maize available to Buyer the abstract of title to the larger tract that the Real Estate is a part of. Buyer may, at Buyer's expense, have an abstract for the Real Estate created for purposes of examination. Seller agrees to convey to Buyer merchantable title to the Real Estate in conformity with this contract, Iowa law and Title Standards of the Iowa State Bar Association. The abstract for the larger tract shall be returned to Seller prior to Closing. The newly created abstract for the Real Estate, if obtained by Buyer, shall be the property of the Buyer. IL. DEED. Upon payment of the purchase price, Seller shall convey the Real Estate to Buyer or its assignees, by Warranty Deed,free and clear of all liens,restrictions, and encumbrances except as provided in 1 a through I c. Any general warranties of title shall extend only to the time of acceptance of this offer, with special warranties as to acts of Seller continuing up to time of delivery of the deed. The Warranty Deed shall contain the following easement and restrictions: (a) Seller will reserve the right to utilize a portion of the Real Estate to be identified on the survey as the parking easement area for commercial vehicular access purposes, which right shall benefit Seller's adjacent property and run with the land. Seller may gravel the parking easement area without the consent of Buyer, but must secure prior written approval from the City before malting any other improvements to the parking easement area. Buyer may disturb the parking easement area so long as Buyer returns the parking easement area to the condition it was in prior to said disturbance; and (b) Buyer and its successors in interest agree not to (i) restrict the natural flow of water from Seller's adjacent property to the stream located to the west of the Real Estate in accordance with riparian law existing in Iowa or (ii) construct a trail head on the Real Estate. 12. TIME IS OF THE ESSENCE. Time is of the essence in this contract. 13. REMEDIES OF THE PARTIES. a. If Buyer fails to timely perform this contract, Seller may forfeit it as provided in the Iowa Code, and all payments made shall be forfeited or, at Seller's option, upon thirty days written notice of intention to accelerate the payment of the entire balance because of such failure (during which thirty days such failure is not corrected), Seller may declare the entire balance immediately due and payable. Thereafter this contract may be foreclosed in equity and the Court may appoint a receiver. b. If Seller fails to timely perform this contract, Buyer has the right to have all payments made returned to Buyer. C. Buyer and Seller also are entitled to utilize any and all other remedies or actions at law or in equity available to them and shall be entitled to obtain judgment for costs and attorney fees as permitted by law. 14. SUBSEQUENT CONTRACT. Any real estate contract executed in performance of this contract shall be on a form of the Iowa State Bar Association.. 15. APPROVAL OF COURT. If the sale of the Real Estate is subject to Court approval, the fiduciary shall promptly submit this contract for such approval. If this contract is not so approved,it shall be void. 16. CONTRACT BINDING ON SUCCESSORS IN INTEREST. This contract shall apply to and bind the successors in interest of the parties. 17. CONSTRUCTION. Words and phrases shall be construed as in the singular or plural number,and as masculine,feminine or neuter gender,according to the context. I& TIME FOR ACCEPTANCE. If this offer is not accepted by Buyer on or before May ,2016,at 5:00 p.m.,the offer shall become void. 19. TRANSACTION COSTS. Each panty agrees to pay their own attorney's fees and costs incurred in connection with this transaction. 20. NO REAL ESTATE AGENT OR BROKER. Neither party has employed any broker, real estate sales person, finder or agent, or agreed to pay or incurred any brokerage fee, finder's fee or commission with respect to the transaction contemplated by this contract and has not dealt with anyone purporting to act in the capacity of a broker, real estate sales person, finder or agent with respect hereto as a result of which any claim for a fee can or will be made against the other party. 21. INSPECTION OF REAL ESTATE. Prior to Closing, Buyer or Buyer's representatives have the right to enter and inspect the Real Estate to determine if there have been any material changes in the Real Estate since the date of this contract and acknowledges, by deposit of final funds,that the Real Estate is acceptable. 22. SURVEY. Buyer shall, at Buyer's expense prior to Closing, have the Real Estate surveyed and certified by a Registered Land Surveyor. 23, AS IS CONDITION. Notwithstanding anything to the contrary set forth herein, BUYER agrees and acknowledges that it is buying the Property in "as is where is with all faults" condition and that SELLER has no obligation to make any repairs or modifications to the Property. 24. ENVIRONMENTAL MATTERS. Except as provided below, Seller warrants to the best of its knowledge and belief that there are no abandoned wells, solid waste disposal sites, "Hazardous Materials" (as hereinafter defined) in violation of any "Environmental Law"(as hereinafter defined), or underground storage tanks located on the Real Estate and Seller has done nothing to contaminate the Real Estate with hazardous Materials. Except as provided below, Seller warrants that the Real Estate is not subject to any local, state, or federal judicial or administrative action, investigation or order, as the case may be,regarding wells, solid waste disposal sites, Hazardous Materials, or underground storage tabs. Seller shall also provide Buyer with a properly executed Groundwater Hazard Statement showing leo wells, solid waste disposal sites, Hazardous Materials and underground storage tanks on the Real Estate. The term"Environmental Law"means any federal, state or local law, statute, ordinance, regulation or order pertaining to health, industrial hygiene, environmental conditions or "Hazardous Materials"(as hereinafter defined), all as amended or modified from time to time, including but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (42 U.S.C. §9601, et seq.), as amended by the Superfund Amendments and Reauthorization Act of 1986(42 U.S.C. §9601-9675) and as further amended ("CERCLA"); the Resource Conservation and Recovery Act of 1976, as amended(42 U.S.C. §6901,et seq.) ("RCRA");the Clean`Nater Act, as amended(33 U.S.C. §1251, et seq.); the Clean Air Act, as amended (42 U.S.C. §7401, et seq.);the Federal Insecticide, Fungicide and Rodenticide.Act, as amended(7 U.S.C. §136,et sect.);the Toxic Substance and Control Act of 1976, as amended (15 U.S.C. §2601, et seq.); and Emergency Planning and Community Right to Know Act of 1986,as may be amended from time to time (42 U.S.C. §11001 to 11050). The tern"Hazardous Material"shall mean(i) "hazardous substances,"as defined by CERCLA; (ii) "hazardous wastes,"as defined by RCRA; (iii)petroleum or petroleum products or by-products; (iv) radioactive material, including, without limitation, any source, special nuclear, or by-product material, as defined in 42 U.S.C.`§2011 et seq.; (v) asbestos in any form or condition; (vi) polychlorinated biphenyls; (vii)biomedical wastes; (viii)mold,mold spores,and mycotoxins, (ix)chlorinated solvents and(ix) any other material, substance or waste regulated under any Environmental Law as being hazardous, toxic or otherwise harmful to human health or the environment, 25. CONTINGENCIES. The Buyer's obligations under this contract are contingent upon the satisfaction of the following items: A. Buyer securing binding written commitments for the sale of real property adjoining, adjacent or in near proximity to the Real Estate all for the purpose of construction of a sanitary sewer main extension and future trail improvement project across said adjoining real property. The amount and extent of the adjoining, adjacent or near in proximity real property shall be determined by Buyer in its sole and absolute discretion. B. Approval of this contract by the City Council for the City of Fairfax. Promptly upon execution of this contract the Buyer shall, at its sole cost and expense, proceed diligently and in good faith to satisfy the conditions set forth above and to release such conditions or to have them satisfied on or before the Closing Date ("Contingency Date") except as otherwise noted below. In the event the above contingencies have not been released or satisfied by the Contingency Date, then if it is likely that the conditions can be satisfied within a relatively short period thereafter, the Buyer may extend the contingency period for up to ninety (90) additional days by giving written notice to the Seller. If Buyer does not provide Seller with a release or satisfaction of the contingencies on or before the Contingency :gate or a permitted extension, then this contract shall become null and void and all earnest money shall promptly be returned to Buyer. 26. ®THEM.PROVISIONS. a. Buyer shall provide Seller with a copy of an authorizing resolution for the purchase of the Real Estate prior to Closing, b. Buyer agrees at its expense to complete the CME&S sanitary sewer service work pursuant to Sheet C.04 of the Drawings of Proposed Improvements for 2016 Sanitary Sewer Interceptor Main Extension dated April 19, 2016. During the construction of the sanitary sewer on the Real Estate, Seller will schedule and pay Roto Rooter to pump out the septic holding tank on a weekly basis during the period that Seller's septic is blocked off. 'Within ten (10) working days after the new sanitary sewer has been tested and accepted by the City, Seller will make its final connection to the sanitary sewer. Seiler will pay to the Buyer a sanitary sewer service stub and connection fee of $3,200.00 less the total cost paid by Seller to Roto Rooter to pump the septic holding tank during the construction process not to exceed $250 per week. In the event the total cost paid by Seller to Roto Rooter exceeds the sanitary sewer service stub and connection fee, Buyer agrees to pay Seller the difference within ten (10) business days of the parties exchanging written documentation of such costs. In the event the sanitary sewer service stub and connection fee exceeds the total cost paid by Seller to Roto Rooter, Seller agrees to pay Buyer the difference within ten (10) business days of the parties exchanging written documentation of such costs. C. This contract may be executed in any number of counterparts, all of which together shall constitute one instrument. Any facsimile or emailed copy of any executed signature page of this contract shall be treated as an original signature page for all purposes. Dated: May_,2016 SELLER: CMF & S .Investments,L.C. arshal Harms, dice President Al SL4 VV THIS OFFER IS ACCEPTED on this day of2016. BUYER. City of Fairfax, Iowa By: Nle: Title: ,Vi1't \\\ °a• •aap of LJ � s Name. 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F O d 0 t_ d z (n�NW `t0 T ` LO 'cF z !� F Q h :nw `r NO �F wU N c�Z�Ln vzi0zw F Z LO z� w w �0nzco Mwdd�w O = O = O U F a: z F In w O In z O 1= U cr Sn w ft 0 Q Ln F Z w w d W O F F U w m w a U d N 0 0 In Z Q F z O U J w U Ckf W A 00 Ln Ir r• u n, s� v U u v s v Z �z W � aa z i Jam' ra - c a in � ip w ¢D z E G z O E r fY tai W T Z ^ �` A M Jr OM zI qui w- c .a J ._ Q z Jn 21 £s 0 Sz A r v W W 0 z Dote: 5/31/16 Field Book No: 213 Scale: i"=60' � Sheet: 1 of I Project Number: a 6950-15-6 Prepared by/Return to: Laurie L. Dawley, Shuttleworth & Ingersoll, P.L.C., P.O. Box 2107, Cedar Rapids, Iowa 52406; (319) 365-9461 EASEMENT AGREEMENT THIS EASEMENT AGREEMENT is made effective as of this O%' day of June, 2016, by and among CMF & S Investments, L.C. ("CMF&S") and the City of Fairfax, Iowa ("City"). RECITALS: A. Pursuant to the Offer to Sell Real Estate and Acceptance, dated on or about June 7, 2016 (the "Contract"), CMF&S agreed to sell to the City that certain property described on Exhibit A attached hereto and incorporated herein by this reference ("Parcel A"). Parcel A is depicted on the drawing attached hereto and incorporated herein by this reference as Exhibit B. B. CMF&S owns property (the "CMF&S Property ") described on Exhibit C attached hereto and incorporated herein by this reference, which abuts Parcel A along the northeasterly boundary thereof. C. Pursuant to the Contract, (i) CMF&S will enjoy a non-exclusive easement for commercial vehicular access purposes over a portion of Parcel A identified on the survey as the "Parking Easement" area, which easement shall benefit the CMF&S Property and run with the land and (ii) the City and its successors in interest agreed not to (i) restrict the natural flow of water from the CMF&S Property to the stream located to the west of Parcel A in accordance with Iowa riparian law or (ii) construct a trail head on Parcel A. D. The parties desire to set forth their understandings with respect to the foregoing and certain other matters, as hereinafter provided. NOW, THEREFORE, in consideration of $10.00 and other consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Access Easement. The City hereby grants CMF&S, as an easement appurtenant to the CMF&S Property, a non-exclusive perpetual easement over that portion of Parcel A described as the "Parking Easement" in the legal description and drawing attached hereto as Exhibit D for commercial vehicular access purposes. This easement shall benefit the CMF&S Property and run with the land. CMF&S may gravel the Parking Easement area without the consent of the City, but must secure prior written approval from the City before making any other improvements to the Parking Easement area. The City may disturb the Parking Easement area so long as the City returns the Parking Easement area to the condition it was in prior to said disturbance. 2. Slope of Parcel A. The City and its successors in interest agree not to restrict the natural flow of water from the CMF&S Property to the stream located to the west of Parcel A in accordance with Iowa riparian law. To that end, the City agrees to maintain the slope of Parcel A at all times, including the prevention of erosion and the seeding and care of grass and other ground cover. 3. Use Restriction. The City and its successors in interest agree not to construct a trail head on Parcel A. 4. Litigation. In the event suit is brought to enforce the provisions of this Easement Agreement, the prevailing party shall be entitled to recover all of its costs and expenses incurred in connection therewith, including its reasonable attorneys' fees. 5. Miscellaneous. The provisions of this Easement Agreement shall run with the land, in perpetuity and shall be binding upon and shall inure to the benefit of the parties hereto, and their respective successors and assigns. IN WITNESS WHEREOF, the parties have executed this Easement Agreement effective as of the date first above written. XLYA-M&M CMF & S Investments, L.C. By:� Marshal flarms, Vice President STATE OF IOWA, LINN COUNTY) ss: L On this day of June, 2016, before me the undersigned, a Notary Public in and for said State, personally appeared Marshal Harms, to me personally known who being by me duly sworn did say that he is the Vice -President of CMF & S Investments, L.C., and that said instrument was signed on behalf of CMF & S Investments, L.C. in the ordinary course of its business by authority of its members and the said Marshal Harms acknowledged the execution of said instrum t to be the volunta act and deed of said CMF & S Investments, L.C. by it and by him voluntarily e ted. *ME No ary Public i e State o Iowa LAAUR CITY: City of Fairfax, Iowa By: ! Burnell G. Frieden, Mayor By: Cynt la Stimson, City Clerk/Treasurer STATE OF IOWA, LINN COUNTY) ss: This Easement Agreement was acknowledged before me this L01- day of June, 2016, by 6urn4(1 6. and S4-imse 1 , the Mayor and City Clerk/Treasurer, respectively, of the City of Fairfax, Iowa. rDAv) BRIGHT Notary Public in the Stat o owa Commission Number 735134 Myr Commission Expires oW ,J�j •L 23Ld 1 7 EXHIBIT A (legal description of Parcel A) PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE N2023'55"W 267.70 FEET ALONG THE EAST LINE OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE S25°44'12"E 40.41 FEET; THENCE S21°28'23"E 37.09 FEET; THENCE S41 °40'57"E 197.95 FEET; THENCE S 14°35'00"E 24.13 FEET TO THE NORTH RIGHT OF WAY OF WEST CEMETERY ROAD; THENCE S75°25'00"W 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE S88°57'44"W 64.67 FEET ALONG SAID NORTH RIGHT OF WAY TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. EXHIBIT B See attached Acquisition Plat. EXHIBIT c,Gj- ACQUISITION PLAT PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA N.E. CORNER OF THE WEST168.57 FEET OF LOT 1 FD. 1/2' REBAR W/YELLOW t PLASTIC CAP NO. 9647 nn • EAST LINE OF THE LINE OF ME Z,'.� I�WEST 168.57 FEET S.W.t/4-N.E.1/4 OF LOT 1 s 'o n. 1 �^ N I 070 60 90 120 GRAPHIC SCALE IN FEET SCALE 1`=60' I I I II I 0n I I �b Oh I �J�QP 1`b 4\ 47' --1 OF y,6 SECTION LINE RICHT OF WAT -- p� 411 q RIGHT OF WAY �9• ppm 5' 1 I Q„GF' Qp 10� O P 2 I 5 4P�QP I ` 16769 'A tt I ?• id ean,<I. OF BEGINNING. EXISTING 4D' PERMANENT L I. EASEMENT / I PARCEL A 0.48 ACRES ' I EASEME 30' INGRESS EGRESS \\may S.W. CORNER EASEMENT 3: S• LOT 1 TO. REBAR W/ YELLOW n ` PLASTICIC CAP I - --- 'C 1 (168.61') 9607 -- N8857'44"E _- 168.47• 5155 00 W RIGHT OF WAY S.E. CORNER OF ME S88'5T44'W' CENTER WEST 168.57 FEET 64.67' SECTION 9 OF LOT 1 ED. 5/8" F82N, d S POINT OT' DEdNNING - - - REBAR - - FD. 208 SPINE F0. 5/8" REBAR - - - _ W ORANGE PLASTIC NO. 10679 WEST CEMETERY ROAD I EXISTING ]0' INGRESS EGRESS EASEMENT I RIGHT OF WAY FD. REBAROS Si 24.13' 1 \ 14.13' � \ '03.s3 / S151t; p0 W F0. 5/8' REBAR W/ ORANGE PlASTIG CAP NO. 10679 TO. 5/8- REBAR `y1 W/ ALUMINUM I.D.O.T. CAP J' O' SURVEY LEGEND O SET 5/8" REBAR W/ YELLOW PLASTIC CAP NO. 18769 e FD. SURVEY MONUMENT AS NOTED A SECTION CORNER FOUND AS NOTED () RECORDED AS EASEMENT LINE PLAT BOUNDARY SURVEY FIELD WORK PERFORMED: 9/25/15 Pp?� �O Qe` SURVEY PREPARED FOR: THE CITY OF FAIRFAX, IOWA OWNER: CMF&S INVESTMENTS, LC SURVEYOR: RYAN R. REMLING, P.L.S. HALL & HALL ENGINEERS, INC. 1860 BOYSON ROAD HIAWATHA, IOWA 52233 (319)-362-9548 - CENTERLINE C.] SECTION LINE RICHT OF WAT -- — RIGHT OF WAY > >• � — — EXISTING LOT LINE BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168 57 FEET OF SAID LOT 1 0 ` 16769 'A tt I ?• id ean,<I. OF BEGINNING. 1 0 I. \b SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. SURVEY LEGEND O SET 5/8" REBAR W/ YELLOW PLASTIC CAP NO. 18769 e FD. SURVEY MONUMENT AS NOTED A SECTION CORNER FOUND AS NOTED () RECORDED AS EASEMENT LINE PLAT BOUNDARY SURVEY FIELD WORK PERFORMED: 9/25/15 Pp?� �O Qe` SURVEY PREPARED FOR: THE CITY OF FAIRFAX, IOWA OWNER: CMF&S INVESTMENTS, LC SURVEYOR: RYAN R. REMLING, P.L.S. HALL & HALL ENGINEERS, INC. 1860 BOYSON ROAD HIAWATHA, IOWA 52233 (319)-362-9548 - CENTERLINE LEGAL DESCRIPTION: SECTION LINE - - - 1/4 SECTION LINE PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS - - - - 1/4-1/4 SECTION LINE RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: — — EXISTING LOT LINE BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168 57 FEET OF SAID LOT 1 07 v 7i o Sheet rue: HALL &HALL ENGINEERS, INC. _ a p EXHIBITAcr, a_.-::,.>.>:•r.<:.:,w:,,.,:r::_: - V N f - ACQUISITION PLAT 6DGYGDNRMDHIAWATHAIOWA67»> I Z O II` U 18 f' (SONE 7ASae FAX IJI9)362 7595 Lr 3 _ z PART OF LOT I, JAMES KURTZ'S SECOND ADDITION CIVIL ENGINEERING. LANDSCAPE AN LAND LAND SURVEYING •LAND DEVELOPML ITITEC OEI gw, TO FAIRFAX, LINN COUNII, IOWA Desivea Dy DLK 01-1 Dy.DLK I Cn«Letl by. DAD Fie: 1: \wo�<c Iz\6900\6950\FY-15\6950-IS-06 Wety Ono Se.e+ I-- N oI Rey 151\OZW\E'.P,\6950-15-06 OS AC-SInON —S 30201..4.9 Oa,e P - NN, : May 13. 2016 - 3:57,- N-11 N, : RI -RE-16 In„r6>rcnily ln,,Id.I:,u>„�.,�I4,d„r�,Rr�n<xg,�,rd THENCE N2'23'55"W 267.70 FEET ALONG THE EAST LINE OF THE WEST 168.57 FEET OF e• SAID LOT t; THENCE S25'44'12"E 40.41 FEET; THENCE S21'28'23"E 37.09 FEET; THENCE S41'40'57"E 197.95 FEET; THENCE S14.35'00"E 24.13 FEET TO THE NORTH RIGHT OF WAY u�PYAN R.:i OF WEST CEMETERY ROAD: THENCE 575'25'00"W 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE 588'57'44"W 64,67 FEET ALONG SATO NORTH RIGHT Of WAY TO THE POINT ` 16769 'A tt I ?• id ean,<I. OF BEGINNING. I. SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. 07 v 7i o Sheet rue: HALL &HALL ENGINEERS, INC. _ a p EXHIBITAcr, a_.-::,.>.>:•r.<:.:,w:,,.,:r::_: - V N f - ACQUISITION PLAT 6DGYGDNRMDHIAWATHAIOWA67»> I Z O II` U 18 f' (SONE 7ASae FAX IJI9)362 7595 Lr 3 _ z PART OF LOT I, JAMES KURTZ'S SECOND ADDITION CIVIL ENGINEERING. LANDSCAPE AN LAND LAND SURVEYING •LAND DEVELOPML ITITEC OEI gw, TO FAIRFAX, LINN COUNII, IOWA Desivea Dy DLK 01-1 Dy.DLK I Cn«Letl by. DAD Fie: 1: \wo�<c Iz\6900\6950\FY-15\6950-IS-06 Wety Ono Se.e+ I-- N oI Rey 151\OZW\E'.P,\6950-15-06 OS AC-SInON —S 30201..4.9 Oa,e P - NN, : May 13. 2016 - 3:57,- N-11 N, : RI -RE-16 EXHIBIT C (legal description of CMF&S Property) LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, IOWA, EXCEPTING THEREFROM THE WEST 168.57 FEET THEREOF less Parcel A described in the attached Exhibit A. EXHIBIT D (legal description of Parking Easement area) PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE N88057'44"E 64.67 FEET ALONG THE NORTH RIGHT OF WAY OF WEST CEMETERY ROAD; THENCE N75°25'00"E 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE N14035'00"W 24.13 FEET; THENCE N41°40'57"W 34.90 FEET TO THE POINT OF BEGINNING; THENCE N75002'35"W 44.58 FEET; THENCE N5°36'18"W 41.63 FEET; THENCE S41°40'57"E 70.88 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 0.02 ACRE, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. See attached drawing of Parking Easement area. EXHIBIT 4D PARKING EASEMENT PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA �%¢ Q I EXISTING 30' PARKING�G)�`�O�INGRESS T CRESS I EXISTING 40' EASEMENT EASEMENI PERMANENT EASEMENi---\ 869 SQ. FT. I 0.02 ACRE - NOR ISITIO E LIN 0 30 60 90 120 / FORLY SANITARY UNE 3 1 �i yY. FOR SANITARY I I. GRAPHIC SCALE IN FEET I m� L >, p �, SEWER PROJECT SCALE 1"=60' 34.90' Ntl4.90' I EXISTING 30' N75V2'35S W I RIGHT OF WAY INGRESS EGRESS I ' _ I I S.W. CORNER EASEMENT N 14.58' IRE 5/8' n i \ REBM LOT I POINT IN W/ 5/8' RERAR - BEGINNING N14.4.13' rt W/ YELLOW ry �' �.\ 24.13' PLASTIC CAP Z W I 168.61 / y F0. 5/8' RERAR — N88'5744 E -_ 468.4 ]' �. 96a W/ ORANGE PLASTIC IL75-250�f CAP N0. 106]9 RIGHT OF WAY S.E. CORNER OF THE N8857'44 E' F0. 5/8' REBAR 13~ NEST 168.57 FEET 64.67' 1 CENTER W/ ALUMINUM OF L07 I FD. 5/8' SEC80N 9 1.0.0. T. CAP e2' T82N, RBW TO. 5/8REBAR RE AR FO. 708 SPIKE W/ ORANGE PLASTIC _ - - _ CAP N0. 10679_ - - - - - - - - - - - - WEST CEMETERY ROAD W RIGHT OF WAY _ RIGHT OF WAY > > �' 3 � z V. 6 \ SURVEY LEGEND O N.E. CORNER OF THE 168.5] .FEET OF I I I I I • WEST LOT FD. I/2' RERAR W YELLOW PLASTIC CAP N0. 647 1 SECTION CORNER FOUND AS NOTEI ( ) THE EAST LINE Of THE WEST 168.57 FEET - - -- EASEMENT UNE I I 0n �-UNE OF S. W.I/d-N.E.1/4 S -.--_� OF LOT 1 SECTION LINE 1/4 SECTION LINE 1/4-1/4 SECTION LINE QP I O b I 50 30' OQ04J'\6 \ NORTHEASTERLY PHONE: fl'9)1 .95a0 FA%'(3I91161�)595 3 ACOUISI110N LINE FOR SANITARY a PART OF LOT 1. JAMES KURTZ'S SECOND ADDITION I I SEWER PROJECT pew 0-iq-d by DLK I Drown by.. DLK cl,-ked by y. pip. P9O` i I QP�rji+ Iyp� I �p�` O�OO P2'p2 I I I—El CUCeS ". ]OI6 - 10:— -- E, : — -REUL �%¢ Q I EXISTING 30' PARKING�G)�`�O�INGRESS T CRESS I EXISTING 40' EASEMENT EASEMENI PERMANENT EASEMENi---\ 869 SQ. FT. I 0.02 ACRE - NOR ISITIO E LIN 0 30 60 90 120 / FORLY SANITARY UNE 3 1 �i yY. FOR SANITARY I I. GRAPHIC SCALE IN FEET I m� L >, p �, SEWER PROJECT SCALE 1"=60' 34.90' Ntl4.90' I EXISTING 30' N75V2'35S W I RIGHT OF WAY INGRESS EGRESS I ' _ I I S.W. CORNER EASEMENT N 14.58' IRE 5/8' n i \ REBM LOT I POINT IN W/ 5/8' RERAR - BEGINNING N14.4.13' rt W/ YELLOW ry �' �.\ 24.13' PLASTIC CAP Z W I 168.61 / y F0. 5/8' RERAR — N88'5744 E -_ 468.4 ]' �. 96a W/ ORANGE PLASTIC IL75-250�f CAP N0. 106]9 RIGHT OF WAY S.E. CORNER OF THE N8857'44 E' F0. 5/8' REBAR 13~ NEST 168.57 FEET 64.67' 1 CENTER W/ ALUMINUM OF L07 I FD. 5/8' SEC80N 9 1.0.0. T. CAP e2' T82N, RBW TO. 5/8REBAR RE AR FO. 708 SPIKE W/ ORANGE PLASTIC _ - - _ CAP N0. 10679_ - - - - - - - - - - - - WEST CEMETERY ROAD W RIGHT OF WAY _ RIGHT OF WAY > > �' 3 � z V. 6 \ SURVEY LEGEND O SET 5/8" REBAR W/ YELLOW PLASTIC CAP NO. 18769 • FD. SURVEY MONUMENT AS NOTED A SECTION CORNER FOUND AS NOTEI ( ) RECORDED AS - ---------- - - - - -- EASEMENT UNE EXHIBIT CENTERLINE - - SECTION LINE - - - 1/4 SECTION LINE 1/4-1/4 SECTION LINE — — EXISTING LOT LINE SURVEY FIELD WORK PERFORMED: 9/25/15 LEGAL DESCRIPTION: SURVEY PREPARED FOR: THE CITY OF FAIRFAX, IOWA OWNER: CMF&S INVESTMENTS, LC ENGINEER: HALL & HALL ENGINEERS, INC. 1860 BOYSON ROAD HIAWATHA, IOWA 52233 (319)-362-9548 PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OZ�THE LINN COUNTY, IOWA RECORDED DESCRIBED AS FOLLOWS: A4¢3K � a COMMENCING AT THE SOUTHEAST CORNER OFy'T,�HEx WESrt4 68.57 FEET OF SAID LOT 1; THENCE N88'ST4a"E 64.67 FEET ALONGNENli3RTH RIGHT OF WAY, OF WEST CEMETERY ROAD; THENCE N75'25'00"E 96.07 FEETOMGID NORTH RIGHT OF WAY; THENCE N14'35'00"w 2a,t3 FEET; THENCE.d 41`40.?W `34.90 FEET TO THE POINT OF BEGINNING; THENCE N75'02'35"W 44.58 FEEL - I,EN5'36'18"W 41.63 FEET; THENCE S41'40'57"E 70.88 FEET TO THE POINT, O 8 IrjNING? SAID PARCEL CONTAINS 0.SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. rn v T g Sheet T111I, HALL & HALL ENGINEERS, INC. EXHIBIT o PARKING EASEMENT a6aDDY9DNRD^D.nl^waT„A I Z O u O \ PHONE: fl'9)1 .95a0 FA%'(3I91161�)595 3 z a PART OF LOT 1. JAMES KURTZ'S SECOND ADDITION GVILEN —W EC'O'E. LAND SURVEYING ING LA•LANDNDSCDEVELOPMENTAPEaRDHITPLANrvING TO FAIRFAX, LINN COUNTY, IOWA 0-iq-d by DLK I Drown by.. DLK cl,-ked by CAO I—El CUCeS ". ]OI6 - 10:— -- E, : — -REUL REAL ESTATE TRANSFER - GROUNDWATER HAZARD STATEMENT TO BE COMPLETED BY TRANSFEROR TRANSFEROR: Name CMF & S Investments, L.C. Address 98 W. Cemetery Road, Fairfax, Iowa 52228 Number and Street or RR City, Town or P.O. State Zip TRANSFEREE: Name City of Fairfax, Iowa Address Number a treet or HK City, I own or P.O. State Zip Address of Property Transferred: Fairfax, IA Number and Street or RH City, I own, or P.O. State 1p Legal Description of Property: (Attach if necessary) See attached Exhibit A. 1. Wells (check one) There are no known wells situated on this property. ❑ There is a well or wells situated on this property. The type(s), location(s) and legal status are stated below or set forth on an attached separate sheet, as necessary. 2. Solid Waste Disposal (check one) There is no known solid waste disposal site on this property. /// ❑ There is a solid waste disposal site on this property and information related thereto is provided in Attachment #1, attached to this document. 3. Hazardous Wastes (check one) There is no known hazardous waste on this property. There is hazardous waste on this property and information related thereto is provided in Attachment #1, attached to this document. 4. Underground Storage Tanks (check one) There are no known underground storage tanks on this property. (Note exclusions such as small farm and residential motor fuel tanks, most heating oil tanks, cisterns and septic tanks, in instructions.) ❑ There is an underground storage tank on this property. The type(s), size(s) and any known substance(s) contained are listed below or on an attached separate sheet, as necessary. FILE WITH RECORDER DNR form 542-0960 (July 18, 2012) 5. Private Burial Site (check one �i There are no known private burial sites on this property. / ❑ There is a private burial site on this property. The location(s) of the site(s) and known identifying information of the decedent(s) is stated below or on an attached separate sheet, as necessary. 6. Private Sewage Disposal System (check one) ❑ All buildings on this property are served by a public or semi-public sewage disposal system. This transaction does not involve the transfer of any building which has or is required by law to have a sewage disposal system. o There is a building served by private sewage disposal system on this property or a building without any lawful sewage disposal system. A certified inspector's report is attached which documents the condition of the private sewage disposal system and whether any modifications are required to conform to standards adopted by the Department of Natural Resources. A certified inspection report must be accompanied by this form when recording. ❑ There is a building served by private sewage disposal system on this property. Weather or other temporary physical conditions prevent the certified inspection of the private sewage disposal system from being conducted. The buyer has executed a binding acknowledgment with the county board of health to conduct a certified inspection of the private sewage disposal system at the earliest practicable time and to be responsible for any required modifications to the private sewage disposal system as identified by the certified inspection. A copy of the binding acknowledgment is attached to this form. 0 There is a building served by private sewage disposal system on this property. The buyer has executed a binding acknowledgment with the county board of health to install a new private sewage disposal system on this property within an agreed upon time period. A copy of the binding acknowledgment is provided with this form. ❑ There is a building served by private sewage disposal system on this property. The building to which the sewage disposal system is connected will be demolished without being occupied. The buyer has executed a binding acknowledgment with the county board of health to demolish the building within an agreed upon time period. A copy of the binding acknowledgment is provided with this form. [Exemption #9] ❑ This property is exempt from the private sewage disposal inspection requirements pursuant to the following exemption [Note: for exemption #9 use prior check box]: 0 The private sewage disposal system has been installed within the past two years pursuant to permit number Information required by statements checked above should be provided here or on separate sheets attached hereto: I HEREBY DECLARE THAT I HAVE REVIEWED THE INSTRUCTIONS FOR THIS FORM AND THAT THE INFORMATION STATED ABOVE IS TRUE AND CORRECT. CMF & S Investments, .C. Signature: B ' Telephone No.: ( 319 )431-6356 7 (Trans rorora enc) Marshal Harms, Vice resident FILE WITH RECORDER DNR form 542-0960 (July 18, 2012) EXHIBIT A PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE N2023'55"W 267.70 FEET ALONG THE EAST LINE OF THE WEST 168.57 FEET OF SAID LOT l; THENCE S25044'12"E 40.41 FEET; THENCE S21°28'23"E 37.09 FEET; THENCE S41040'57"E 197.95 FEET; THENCE S 14°35'00"E 24.13 FEET TO THE NORTH RIGHT OF WAY OF WEST CEMETERY ROAD; THENCE S75025'00"W 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE S88°57'44"W 64.67 FEET ALONG SAID NORTH RIGHT OF WAY TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. UCC FINANCING STATEMENT AMENDMENT FOLLOW INSTRUCTIONS OF CONTACT A S. EMAIL CONTACT AT FILER C. SEND ACKNOWLEDGMENT TO: (Name and Address) I GUARANTY BANK & TRUST CO., 302 3R0 AVE SE PO BOX 1807 I CEDAR RAPIDS, lA 52408-1807 1_ I J THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY Ia. INITIAL FINANCING STATEMENT FILE NUMBER[Filer: b.® This FINANCING STATEMENT AMENDMENT is to be filed [for record) FILED ON 06.02.2015 AT BK 8262, PG 339 for recordedl in the REAL ESTATE RECORDS attach Amendment Addendum (Form UCC3Ad) aid provide Debtor's name In item 13 2. ❑ TERMINATION: Effectiveness of the Financing Statement identified above Is terminated with respect to the security interest(s) of Secured Party authorizing this Termination Statement 3.❑ ASSIGNMENT (full or pardall: Provide name of Assigneein item 7a or 7b, and address of Assigneoln Item 7e g!ld name of Assigner In Rem 9 For partial assignment, complete Items 7 and 9 and also Indicate affected collateral in item 8 4. E) CONTINUATION: Effectivanossof the Financing Statement identified above with respect to the security fntorest(s) of Secured Party authorizing this Continuation Statement is continued for the additional period provided by applicable law 5.❑ PARTY INFORMATION CHANGE: Check one of those two boxes: AVE) Check one of these throe boxes lei CHANGE name and/or address: Complete APD name; Complete Item PELQTE name; Give record name This Change effects Debtor or Secured Party of record item Ga or of, end item 7a or 7b and Ito 70 7a er 7b, end item 7o to ba delated In item as or Gb B. CURRENT RECORD INFORMATION: Complete for Party Information Change • provide only one name (Be of Bbl Ba. ORGANIZATION'S NAME OR 66, INDIVIDUAL'S SURNAME 7. OR 'S FIRST PERSONAL NAME INDIVIDUAL'S ADDITIONAL MAILING ADDRESS Complele forAssipamenlor 7b) [use ezael, fullnama; do not omit, modily, or abbreviato ony part of the Debtor's 8.00 COLLATERAL CHANGE: Also chack one of these four boxes: ❑ App oollaterai DELETE collateral ❑ RESTATE covered collateral ❑ ASS[GN collateral Indicate collateral: SEE NEXT PAGE, ITEM 14. 9. NAME OF SECURED PARTY OF RECORD AUTHORIZING THIS AMENDMENT: Provide only Spo name (9a or 9bl (name of Assignor, If this is an Assignment) If this Is an Amendment authorized by a DEBTOR, check here (`L and provide name of authorizing Debtor LON, 10. OPTIONAL. FILER REFERENCE DATA: CMF&S FILING OFFICE COPY --- UCG FINANCING STATEMENT AMENDMENT (Form UCC3) (Rev. 04/20111) Walters Kluwer Financial Services UCC -3.0713 1/30/2013 UCC FINANCING STATEMENT AMENDMENT ADDENDUM FOLLOW INSTRUCTIONS I 1.INITIAL FINANCING STATEMENT FILE NUMBER: same as item is on Amendmentform 12. NAME OF PARTY AUTHORIZING THIS AMENDMENT: Same- as Item -9 on Amendment form 124. ORGANIZATION'S NAME OR r, FIRST PERSONAL NAME I I I THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY 13. Name of DEBTOR on related financing statement (Name of at current Debtor of record required for Indexing purposes only In some filing offices- soo Instruction item 131: Provide only owe Debtor name (13o or 13b) (use exact, full name; do not omit, modify, or abbreviate any part of the Debtor's name); see Instructions if name does not tit 14. ADDITIONAL SPACE FOR ITEM 8 (Collateral): PART OF LOT 1, ,TAMES KURTVS SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE N2023'55"W 267.70 FEET ALONG THE EAST LINE OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE S25044'12"E 40.41 FEET; THENCE S21e28'23"E 37.09 FEET; THENCE 841040'57"E 197.95 FEET; THENCE S 14°35'00"E 24.13 FEET TO THE NORTH RIGHT OF WAY OF WEST CEMETERY ROAD; THENCE S75025'00"W 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE S88057'44"W 64.67 FEET ALONG SAID NORTH RIGHT OF WAY TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. 15. This FINANCING STATEMENT AMENDMENT: 117. Description of foal estato: �] covers timber to be cut n covers as-extraetedcolfateral n Is filed as a Name and address of a RECORD OWNER of real estate desctibedin item 17 (if Debtor does not have a tacotd Interest) 18. MISCELLANEOUS: Wolters Kluwer Financial Services FILING OFFICE COPY --- UCC FINANCING STATEMENT AMENDMENT ADDENDUM (Form UCC3Ad) (Rev. 04120/11) UCC-3AD-0713 1/3012013 a�. 1.9 Guaranty Ban For your kind of life, June 13, 2016 Ms. Laurie Dawley Shuttleworth & Ingersoll, P.L.0 115 3'd Street, Suite 500 Cedar Rapids, Iowa 52401 Dear Laurie: P.O. Box 1807 Cedar Rapids, lA 52406 Ph. (319) 286-6200 Fax (319) 362-7894 www.guaranty-bank.com This letter is to confirm that Guaranty Bank & Trust Co. has agreed to a partial release of the CMF&S real estate property located in Fairfax, Iowa. The specific parcel to be released is identified in the legal description below. PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168.57 FEET OF SAID LOT l; THENCE N2023'55"W 267.70 FEET ALONG THE EAST LINE OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE S25°44' 12"E 40.41 FEET; THENCE S21 °28'23 "E 37.09 FEET; THENCE S41040'57"E 197.95 FEET; THENCE S14°35'00"E 24.13 FEET TO THE NORTH RIGHT OF WAY OF WEST CEMETERY ROAD; THENCE S75°25'00"W 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE S88°5744"W 64.67 FEET ALONG SAID NORTH RIGHT OF WAY TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. This release is not contingent upon any monetary pay down of the existing mortgage loan which would have previously included the identified parcel. Please let me know if you have any questions or need any other information pertaining to this action. JZ 'ie R. Jonas ice President Commercial L ding 11 e Member EQUAL HOUSING®'C LENDER Cjuaranty_Bank. For your kind of life. Prepared by & Return to: J. Anderson, Guaranty Bank, PO Box 1807, Cedar Rapids, IA 52406-1807 (319) 286-6200 PARTIAL RELEASE of REAL ESTATE MORTGAGE Guaranty Bank & Trust Company, a corporation of the state of Iowa, does hereby acknowledge that part payment has been made of a certain real estate mortgage bearing the date of JUNE 1, 2015, made and executed by CMF & S INVESTMENTS, L.C., an Iowa limited liability company to Guaranty Bank & Trust Company and recorded in the records of Linn County, Iowa, in Volume 9262 at Page 330 on JUNE 2, 2015 and hereby releases: PART OF LOT 1, JAMES KURTZ'S SECOND ADDITION TO FAIRFAX, LINN COUNTY, IOWA AS RECORDED IN BOOK 1900, PAGE 202 IN THE OFFICE OF THE LINN COUNTY, IOWA RECORDER DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE N2°23'55"W 267.70 FEET ALONG THE EAST LINE OF THE WEST 168.57 FEET OF SAID LOT 1; THENCE S25°44'12"E 40.41 FEET; THENCE S21028'23"E 37.09 FEET; THENCE S41°40'57"E 197.95 FEET; THENCE S14°35'00"E 24.13 FEET TO THE NORTH RIGHT OF WAY OF WEST CEMETERY ROAD; THENCE S75°25'00"W 96.07 FEET ALONG SAID NORTH RIGHT OF WAY; THENCE S88057'44"W 64.67 FEET ALONG SAID NORTH RIGHT OF WAY TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 0.48 ACRES, SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. from the lien of said mortgage, leaving said mortgage in full force as to the remaining property described therein. Signed this It of June 2016. G e STATE OF IOWA ) COUNTY OF LINN ) ss: This instrument was acknowledged before me on this Vice President of Guaranty Bank & Trust Company. WE ANDERSON a" °� a1'•21 ` owP- 1.3 day of June. 2016 by Jamie R. Jonas as ()Notary Public in and for said State IOWA DEPARTMENT of NATURAL RESOURCES TIME OF TRANSFER INSPECTION WAIVER BINDING AGREEMENT for FUTURE INSTALLATION 542-0064 This agreement is entered into this 19 between the Linn day of February ,20 16 by and County Board of Health and CMF & S Investments, L.C. It is understood that Iowa Code 455B.172(11) requires an inspection of the private sewage disposal system on all properties not specifically exempted in Iowa at the time of transfer. The property located at 98 W Cemetery Rd., Fairfax , Iowa is subject to the inspection, and the buyer CMF & S Investments, L.C. sewage disposal system serving this property. understands there is not an adequate private It is hereby agreed that the time of transfer inspection will not be required and the buyer agrees that a code compliant private sewage disposal system or connection to a public sewer shall be installed to serve the property and shall be completed -no later than 15th day of Dated the 19th day of Feburary BUYER This instrument was acknowledged before me on by 05/2010cmz June 20 16 Print Form IOWA DEPARTMENT of NATURAL RESOURCES TIME OF TRANSFER INSPECTION WAIVER BINDING AGREEMENT for FUTURE INSTALLATION 542-0064 This agreement is entered into this 24th day of between the Linn June ,20 16 by and County Board of Health and CMF & S Investments, L.C. It is understood that Iowa Code 455B. 172 (11) requires an inspection of the private sewage disposal system on all properties not specifically exempted in Iowa at the time of transfer. The property located at 98 W. Cemetery Rd., Fairfax and the buyer CMF & S Investments, L.C. sewage disposal system serving this property. , Iowa is subject to the inspection, understands there is not an adequate private It is hereby agreed that the time of transfer inspection will not be required and the buyer agrees that a code compliant private sewage disposal system or connection to a public sewer shall be installed to serve the property and shall be completed no later than 24th day of Dated the 24th day of June BUYER This instrument was acknowledged before me on by September 20 16 _ ,20 16 COUNTY httARITOF HEALTH or AUTHORIZED REPRESENTATIVE Notary Public , 20 05/2010cmz 542-0064 1307WIO Buyer's Closing; Statement - Doty -Cross Buyer/Borrower City of Fairfax, an Iowa Municipal Corporation Seller Debra Gail Doty and Karle Dac Cross Property Location fart of Lot 2, James Kurtz's Second Lender Addition to Fairfax, Iowa Settlement Date 06/30/16 Settlement Agent Simmons Perrine Moyer Bergman PI,C Debits Contract sales price 1.00 Basement Linn County Recorder 27.00 Total Debits _-_-- —__2.00 Credits Total Credits 0.00 Balance Due From Buyer 28.00 APPROVAL The undersigned hereby acknowledges receipt of a copy of the foregoing statement, agrees to the accuracy thereof, and approves and authorizes the disbursements reflected above. City of Fairfax, an Iowa Municipal Corporation By: 06/30/16 Bernie Frieden, Mayor By: _ 06/30/16 Cynthia Stimson, City Clerk �aou�oe.:oroic Seller's Closing Statement - Doty -Cross Buyer/Borrower City of Fairfax, an Iowa Municipal Corporation Seller Debra Gail Doty and Karle Dae Cross Properly Location Part of Lot 2, James Kurtz's Second Lender Addition to Fairfax, Iowa Settlement Date 06/30/16 Settlement Agent Simmons Perrine Moyer Bergman PLC Credits Contract sales price Debits Balance Due To Seller 1.00 _ ......._......... _. _ .. Total Credits 1.00 Total Debits 0.00 1.00 APPROVAL The undersigned hereby acknowledges receipt of a copy of the foregoing statement, agrees to the accuracy thereof, and approves and authorizes the disbursements reflected above. 06/30/16 Debra Gail Doty 06/30/16 Karle Dae Cross