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HomeMy WebLinkAboutPROOF OF OWNERSHIP LEATHAM DEVELOPMENT LLC - 22-00284 - Teton River Lofts - 24 Units - Bldg 3RECORDING REQUESTED BY First American Title Company AND WHEN RECORDED MAIL TO: First American Title Company 535 First American Circle Rexburg, ID 83440 MADISON CO RECORDER Fee $15.00 Recorded of Request of FIRST AMERICAN TITLE - REXBURG WARRANTY DEED File No.: 1015262 -RX (ss) Date: November 20, 2021 For Value Received, Santa Monica LLC, a Utah limited liability company, hereinafter called the Grantor, hereby grants, bargains, sells and conveys unto Leatham Development, LLC, an Idaho limited liability company, hereinafter called the Grantee, whose current address is P.O. Box 429, Rexburg, ID 83440, the following described premises, situated In Madison County, Idaho, to- wlt: North Parcel: Part of the NWl/4 of Section 20, Township 6 North, Range 40 East of the Boise Meridian, Madison county, Idaho, more particularly described as follows: A portion of Lot 1 of the Grover Subdivision, recorded as Instrument No. 394710 in the Madison County recorder's office, described as follows: Commencing at the Northeast Corner of said Lot 1 of the Grover Subdivision, said point being the True Point of beginning. Thence S00028'26"E along the East line of said Lot 1 for a distance of 294.50 feet; Thence N89058'29"W a distance of 803.99 feet to the West line of said Lot 1; Thence N00014'15"W a distance of 287.50 feet to the Northwest Comer of said Lot 1; Thence N89031'34"E a distance of 802.78 feet to the True Point of Beginning. South Parcel: Part of the NW1/4 of Section 20, Township 6 North, range 40 east of the Boise Meridian, Madison County, Idaho more particularly described as follows: A portion of Lot 1 of the Grover Subdivision, recorded as Instrument No. 394710 in the Madison County recorder's office, described as follows: Commencing at the Northeast Corner of said lot 1 of the Grover Subdivision, Thence S00028'26"E along the East line of said Lot 1 for a distance of 294.50 feet to the True Point of Beginning. Thence S00028'26"E a distance of 249.68 feet; Thence S89031'34"W a distance of 805.02 feet to West line of said Lot 1; Thence N00014'15"W along the West line of said Lot 1 for a distance of 256.69 feet; Thence S89058'29"E a distance of 803.99 feet to the True Point of beginning. 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. Page 1 of 3 445647 Date: 11/20/2021 Warranty Deed File No.: 1015262 -RX (ss) - continued 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 2 of 3 446647 Date', 11/20/2021 warranty Deed Rle No.: 3035262 -RX (ss) - continued 1511,1111r,� Name: Michael Title: Manager STATE OF Utah COUNTY OF Salt Lake company ss. On this -LZ day of November, 2021, before me, a Notary Public in and for said State, Personally appeared Michael Wade , known or Identified to me to be the person whose name is subscribed to the within Instrument as one of the Managers/Members of theSanta Monica 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 Wme. Notary -Public of Utah Reskiing at: 5 1 t✓; f Commission Expires: ivt,j ., Tyson May Notary Public, State of Utah Commissional 71UM '��444SS6��� Afy cnmmbsim, E)pkw v.e May27, 2025 Page 3 of 3 rc,� 27, 2d2� 445647