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HomeMy WebLinkAboutOWNERSHIP CHANGE - 22-00115 - American Ave Apartments - 151 S 1st E - Sign (1)RECORDING REQUESTED BY First American Title Company AND WHEN RECORDED MAIL TO: WARRANTY DEED File No.: 689047A (mh) Microfile No. 444852 22 DAY Oct 2021 At 01 O'Clock 11 PM KIM H. MUIR MADISON CO RECORDER Fee $15.00 Deputy Recorded of Request of FIRST AMERICAN TITLE - REXBURG 427 -2 zol Date: October 15, 2021 For Value Received, Devereaux Apartments, LLC and Fashion Place Office Center, LLC, hereinafter called the Grantor, hereby grants, bargains, sells and conveys unto American Avenue Apartments, LLC, hereinafter called the Grantee, whose current address is 5288 S. Commerce Dr., Ste B150, SLC, UT 84107the following described premises, situated in Madison County, Idaho, to -wit: TRACT i Beginning at a point that is North 16.5 feet of the Northwest corner of Lot 3, Block 50 of the Originai Rexburg Townsite, Madison County, Idaho, as per the recorded plat thereof, and running thence East 42 feet; thence South 44.0 feet; thence West 42 feet; thence North 44.0 feet to the point of beginning. TOGETHER WITH PARKING DESCRIPTION FOR INGRESS AND EGRESS FOR THE COMMON USE OF OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is South 27.5 feet from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 146.0 feet; thence South 10.0 feet; thence West 146.0 feet; thence North 10.0 feet to the point of beginning. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that Is 53.S feet South from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 47.5 feet South from the Northwest corner of Lot 3, Block 50, of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5 feet South of the Northwest corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; and running thence East 238 feet; thence North 5.5 feet; thence East 82 feet; thence South 23 feet; ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the point of beginning running South, ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the point of beginning Page 1 of 8 444852 RECORDING REQUESTED BY First American Title Company AND WHEN RECORDED MAIL TO: County(/�� ----- Date)a_ T:.._. This Line for Recorder's Use File No,: 689047A (mh) Date: October 15, 2021 For Value Received, Devereaux Apartments, LLC and Fashion Place Office Center, LLC, hereinafter called the Grantor, hereby grants, bargains, sells and conveys unto American Avenue A artments, LLC, hereinafter called the Grantee, whose current address is 5288 S. Commerce Dr., Ste B150, SLC, UT 84107the following described premises, situated in Madison County, Idaho, to -wit: TRACT 1 Beginning at a point that is North 16.5 feet of the Northwest corner of Lot 3, Block 50 of the Original Rexburg Townsite, Madison County, Idaho, as per the recorded plat thereof, and running thence East 42 feet; thence South 44.0 feet; thence West 42 feet, thence North 44.0 feet to the point of beginning. TOGETHER WITH PARKING DESCRIPTION FOR INGRESS AND EGRESS FOR THE COMMON USE OF OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is South 27.5 feet from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 146.0 feet; thence South 10.0 feet; thence West 146.0 feet; thence North 10.0 feet to the point of beginning. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 53.5 feet South from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 47.5 feet South from the Northwest corner of Lot 3, Block 50, of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5. feet South of the Northwest corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; and running thence East 238 feet; thence North 5.5 feet; thence East 82 feet; thence South 23 feet; ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the point of beginning running South. ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the point of beginning Page 1 of 8 Date: 10/15/2021 Warranty Deed File No.: 689047A (mh) - continued running South. TRACT 2 Beginning at a point that is 16.5 feet North and East 42 feet from the Northwest corner of Lot 3, Block 50 of the Original Rexburg Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, thence East 26 feet, thence South 44.0 feet; thence West 26 feet; thence North 44.0 feet to the point of beginning. TOGETHER WITH PARKING DESCRIPTION FOR INGRESS AND EGRESS FOR THE COMMON USE OF OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is South 27.5 feet from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 146.0 feet; thence South 10.0 feet; thence West 146.0 feet; thence North 10.0 feet to the point of beginning. ALSO TOGETHER WITH AND SUBJECT TO A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 53.5 feet South from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 47.5 feet South from the Northwest corner of Lot 3, Block 50, of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. TRACT 3 Beginning at a point that is North 16.5 feet and East 68 feet from the Northwest corner of Lot 3, Block 50 of the Original Rexburg Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, thence East 26 feet; thence South 44.0 feet; thence West 26 feet; thence North 44.0 feet to the point of beginning. TOGETHER WITH A PARKING DESCRIPTION FOR INGRESS AND EGRESS FOR THE COMMON USE OF OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is South 27.5 feet from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 146.0 feet; thence South 10.0 feet; thence West 146.0 feet; thence North 10.0 feet to the point of beginning. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 53.5 feet South from the Northwest corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. ALSO TOGETHER WITH A CENTERLINE EASEMENT DESCRIPTION FOR 20.0 FOOT STRIP THAT ADJOINS THE ABOVE FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS, DESCRIBED AS FOLLOWS: Beginning at a point that is 47.5 feet South from the Northwest corner of Lot 3, Block 50, of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165.0 feet. Page 2 of 8 Date: 10/15/2021 Warranty Deed File No.: 689047A (mh) - continued TRACT 4 Commencing at a point 16.5 feet North and 94 feet East of the Northwest corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 52 feet; thence South 54 feet; thence West 146 feet; thence North 10 feet, thence East 94 feet; thence North 44 feet to the point of beginning. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, DESCRIBED AS FOLLOWS: Commencing at a point 37.5 feet South of the Northwest corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 146 feet; thence South 20 feet; thence West 146 feet; thence North 20 feet to the point of beginning. TRACT 5 Commencing at a point 16.5 feet North and 140 feet West of the Northeast corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence West 44 feet; thence South 54 feet; thence East 19 feet; thence South 32.5 feet; thence East 25 feet; thence North 86.5 feet to the point of beginning. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 64 feet South of the Northwest corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 236 feet; thence North 15 feet; thence East 84 feet; thence South 23 feet, ALSO INCLUDING a 13 foot long by 20 foot wide strip at 181 feet East of the point of beginning going South. ALSO INCLUDING a 20 foot by 20 foot strip at 236 feet East of the point of beginning, going South. AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5 feet South of the Northwest corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; and running thence East 238 feet, thence North 5.5 feet; thence East 82 feet; thence South 23 feet, ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the point of beginning running South. ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the point of beginning running South. TRACT 6 Commencing at a point 16.5 feet North and 98 feet West of the Northeast Corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence West 42 feet, thence South 86.5 feet, thence East 11 feet, thence North 27 feet, thence East 31 feet, thence North 59.5 feet to the point of beginning. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 64 feet South of the Northwest Corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 236 feet, thence North 15 feet, thence East 84 feet, thence South 23 feet, ALSO INCLUDING a 13 foot long by 20 foot wide strip at 181 feet East of the point of beginning going South. ALSO INCLUDING A 20 foot by 20 foot strip at 236 feet East of the point of beginning going South. TRACT 7 Page 3 of 8 Date: 10/15/2021 Warranty Deed File No.: 689047A (mh) - continued Commencing at a point 122 feet North of the Southeast Corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence North 59.5 feet, thence West 98 feet, thence South 59.5 feet, thence West 17 feet, thence South 33 feet, thence East 33 feet, thence North 33 feet, thence East 82 feet to the point of beginning. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHER BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5 feet South of the Northwest Corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; and running thence East 238 feet; thence North 5.5 feet; thence East 82 feet; thence South 23 feet; ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the point of beginning running South. ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the point of beginning running South. TRACT 8 Commencing at a point 99 feet North of the Southeast corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence North 23 feet; thence West 82 feet; thence South 33 feet; thence West 33 feet; thence South 32 feet; thence East 95 feet; thence North 42 feet; thence East 20 feet to the point of beginning. AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5 feet South of the Northwest corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; and running thence East 238 feet; thence North 5.5 feet; thence East 82 feet; thence South 23 feet; ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the point of beginning running South. ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the point of beginning running South. TRACT 9 Commencing at the Southeast corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence West 94 feet; thence North 57 feet; thence East 74 feet; thence North 42 feet; thence East 20 feet; thence South 99 feet to the point of beginning. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5 feet South of the Northwest corner of Lot 3, in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 238 feet; thence North 5.5 feet; thence East 82 feet; thence South 23 feet; ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the point of beginning running South, ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the point of beginning, running South. TRACT 10 Commencing at a point 94 feet West of the Southeast Corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho; and running thence West 71 feet; thence North 95 feet; thence East 50 feet; thence South 38 feet; thence East 21 feet; thence South Page 4 of 8 Date: 10/15/2021 Warranty Deed File No.: 689047A (mh) - continued 57 feet to the point of beginning. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS TO BE USED IN COMMON WITH OTHERS BEING 20 FEET WIDE, THE CENTER LINE DESCRIBED AS FOLLOWS: Commencing at a point 47.5 feet South of the Northwest Corner of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; and running thence East 238 feet; thence North 5.5 feet; thence East 82 feet; thence South 23 feet; ALSO INCLUDING a 22.5 feet long by 20 feet wide strip at 181 feet East of the Point of Beginning running South. ALSO INCLUDING a 23 feet long by 20 feet wide strip at 320 feet East of the Point of Beginning running South. TRACT II Commencing at a point 115 feet West and 95 feet North of the Southeast corner of Lot 3, Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence West 14 feet; thence North 27 feet; thence East 14 feet; thence South 27 feet to the point of beginning. TRACT 12 Commencing at a point 57.5 feet North of the Southwest corner of Lot 3, in Block 50 of the Original Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165 feet; thence North 50 feet, thence West 165 feet; thence South 50 feet to the place of beginning. TRACT 13 Commencing at the Southwest corner of Lot 3, Block 50, Rexburg Original Townsite in the City of Rexburg, Madison County, Idaho, as per the recorded plat thereof, and running thence East 165 feet; thence North 55.5 feet; thence West 165 feet; thence South 55.5 feet to the point of beginning, subject to all easements of record. ALSO, part of Lot 3 in Block 50 of the Townsite of Rexburg, Madison County, Idaho, as per the recorded plat thereof; Beginning at a point that is S00015'14"E 107.53 feet along the lot line from the Northwest corner of said Lot 3 and running thence N89°44'23"E 165.01 feet; thence S00015'14"E 2.00 feet; thence S89044'23"W 165.02 feet to the West line of said Lot 3, in Block 50; thence N00115'14"W 2.00 feet to the Point of Beginning. TRACT A Commencing at a point 1361/2 feet North of the Southwest corner of Lot 2, Block 1 of the Parker Addition to the City of Rexburg, Madison County, Idaho, as per the recorded plat thereof and running thence East 91/2 rods; thence North 281/2 feet; thence West 91/2 rods; thence South 281/2 feet to the place of beginning. TRACT B Commencing at a point that is N. 0115'19" W. 126.17 feet along the West line of Lot 2, Block 1, Parker Addition to the City of Rexburg from the Southwest corner of said Lot 2, Block 1, of the Parker Addition and running thence N. 0116'19" W. 10.33 feet along said West line; thence N. 89044'41" E. 156.75 feet; thence S. 0012'50" E. 10.28 feet; thence S. 89043'33" W. 156.74 feet to the point of beginning. Page 5 of 8 Date: 10/15/2021 Warranty Deed File No.: 689047A (mh) - continued SUBJECT TO all easements, right of ways, covenants, restrictions, reservations, applicable building and zoning ordinances and use regulations and restrictions of record, and payment of accruing present year taxes and assessments as agreed to by parties above. TO HAVE AND TO HOLD the said premises, with its appurtenances, unto the said Grantee, and to the Grantee's heirs and assigns forever. And the said Grantor does hereby covenant to and with the said Grantee, that the Grantor is the owner in fee simple of said premises; that said premises are free from all encumbrances except current years taxes, levies, and assessments, and except U.S. Patent reservations, restrictions, easements of record and easements visible upon the premises, and that Grantor will warrant and defend the same from all claims whatsoever. Page 6 of 8 Date: 10/15/2021 Devereaux Apartments, LLC By: 0ame:Hal D Renfro Title: Member By: Callister Family Trust Name: Tad R Callister Title: Trustee STATE OF ss. COUNTY OF Set-(+ L ) Warranty Deed File No.: 689047A (mh) - continued Fashion Place Office Center, LLC By: . 94t7; 1i Name: Hal D Renfro Title: Manager By: Name: Tad R Callister Title: Manager On this 111-"t day of 2021, before me, a Notary Public in and for said State, personally appeared Hal D Renfro, known or identified to me to be the person whose name is subscribed to the within Instrument as one of the Managers/Members of the Devereaux Apartments LLC, which is known or identified to me to be the entity whose name is subscribed to the within instrument and acknowledged to me that he executed the same in said Limited Liability Company's name. or JEANETTE C WATKINS NOTARY PUBUC-STATEOFUTAH Nota Public of "toe4l °v S COMMISSION#703247 Residing at: GIf&cr ?( "Ti -c l COMM. EXP. 11-08-2022 Commission Expires: 1, a—g-22 STATE OF fiLfi ) ss. COUNTY OF tz-x-ke ) On this 11(448ay of Oe-fbblr 2021, before me, a Notary Public in and for said State, personally appeared Hal D Renfro, known or identified to me to be the person whose name is subscribed to the within Instrument as one of the Managers/Members of the Fashion Place Office Center, LLC, which is known or identified to me to be the entity whose name is subscribed to the within instrument and acknowledged to me that he executed the same in said Limited Liability Company's name. JEANETTE C WATKINS NOTARYPUSUC•STATE OF UTAH COMMISSION# 703247 `age COMM. EXP. 11-08-2022 950�F u%� Not Public of Residing at: ctt- C.Cf Commission Expires: Page 7 of 8 Date: 10/15/2021 Warranty Deed File No.: 689047A (mh) - continued STATE OF COUNTY OF U11 ss. On this /-&day of Dcjp/,:q,-_r 2021, before me, a Notary Public in and for said State, personally appeared Tad R Callister, known or identified to me to be the person whose name is subscribed to the within Instrument as one of the Managers/Members of the Callister Family Trust whose name is subscribed to the within Instrument as one of the Managers/Members of Devereaux Apartments LLC, which is known or identified to me to be the entity whose name is subscribed to the within instrument and acknowledged to me that he executed the same in said Limited Liability Company's name. O1z� JEANETTE C WATKINS NOTARYPU&JC'STATE OF UTAH COMMISSION#703247 COMM. EXP, 11-08-2022 STATE OF (rC ) ss. COUNTY OF Notaryublic of _ Residing at: �t_ta l ��' Commission Expires: /! k' �z On this � day of Q�fo�}e� 2021, before me, a Notary Public in and for said State, personally appeared Tad R Callister, known or identified to me to be the person whose name is subscribed to the within Instrument as one of the Managers/Members of the Fashion Place Office Center, LLC, which is known or identified to me to be the entity whose name is subscribed to the within instrument and acknowledged to me that he executed the same in said Limited Liability Company's name. o**�. JEANETTE C WATKINS NOTARY PUBUG -STATE OF UTAH COMMISSION# 703247 COMM, EXP. 11-08-2022 Not Public of LCA �l Residing at: Commission Expires: 11—F—.7-2— Page 8 of 8