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HomeMy WebLinkAboutWARRANTY DEED - 25-01351 - Approx 1600 N 2nd E - Annex & Rezone fr TAG to CBC (1)Recording requested by, and when recorded please return to: North Rexburg Commercial Property, LLC Attn: General Counsel 1568 E I r Street Idaho Falls, ID 83404 Microfile No. 470940 5 DAY Nov 2025 At 01 O'Clock 56 PM KIM H. MUIR MADISON CO RECORDER Fee $15.00 Deputy Recorded of Request of FLYING S TITLE AND ESCROW - REXI SPECIAL WARRANTY DEED FOR VALUE RECEIVED, Neal Harris as Trustee of The Harris Family Trust, dated January 29, 1982 ("Grantor"), hereby grants, bargains, sells, and conveys unto North Rexburg Commercial Property, LLC, an Idaho limited liability company, whose current mailing address is 1568 E. 17t" Street, Idaho Falls, ID 83404 ("Grantee"), the following described real property, located in Madison County, Idaho (the "Property"): See Exhibit A attached hereto and incorporated herein by this reference. TOGETHER WITH all improvements thereon and all tenements, hereditaments and appurtenances belonging to, or in any way appertaining to, the Property. TO HAVE AND TO HOLD the Property unto Grantee and Grantee's successors and assigns forever. Grantor covenants to Grantee that Grantor owns the Property in fee simple; that the Property is free from all encumbrances made, done or suffered by Grantor except (a) matters of record or appearing from a careful survey or inspection of the Property, (b) real property taxes and assessments for the current year that are not yet due and payable and (c) matters made, done or suffered by Grantee; and that Grantor will warrant and defend Grantee's quiet and peaceful possession of the Property against all other lawful claims whatsoever arising by or through Grantor, but not otherwise. Dated as of October 2-0 , 2025 THE HARRIS FAMILY TRUST, DATED JANUARY 29, 1982 By: Neal Flarris, T stee SPECIAL WARRANTY DEED PAGE I OF 3 470940 STATE OF '� ) ty V -� )SS. Coun of On this 2 C day of October, 2025, before me, a Notary Public in and for said State, personally appeared Neal Harris, known or identified to me as the person whose name is subscribed to the within instrument as the Trustee of The Harris Family Trust, dated January 29, 1982, and acknowledged to me that he executed the same in such capacity. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first -above written. S E Notary Public for: U k to k A Residing at: C? O r�, ✓1 �'Q CARTER ALLRED L ckv My Commission Expires:1 Notary Public - State of Utah Comm. No. 728242 My Commission Expires on 1 Dec 5, 20261 SPECIAL WARRANTY DEED PAGE 2 OF 3 470940 EXHIBIT A LEGAL DESCRIPTION OF THE PROPERTY A PARCEL OF LAND BEING IN THE NORTH HALF OF THE SOUTHWEST QUARTER OF SECTION 8 OF TOWNSHIP 6 NORTH, RANGE 40 EAST OF THE BOISE MERIDIAN, MADISON COUNTY, IDAHO BEING FURTHER DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST QUARTER CORNER OF SECTION 8 OF TOWNSHIP 6 NORTH, RANGE 40 EAST (FROM WHICH THE CENTER QUARTER CORNER BEARS N 89°48'54" E 2632.25 FEET) THENCE N 89°48'54" E 93.21 FEET ALONG THE LATITUDINAL CENTERLINE OF THE SAID SECTION 8 TO A POINT ON THE EAST RIGHT-OF-WAY LINE OF NORTH 2ND EAST POINT BEING THE POINT OF BEGINNING; THENCE N 89048'54" E 1320.44 FEET ALONG THE LATITUDINAL CENTERLINE OF SAID SECTION 8; THENCE S 00014'21" E 1315.17 FEET TO A POINT ON THE SOUTH 1/16TH LINE OF THE SAID SECTION 8; THENCE S 89046'29" W 1363.78 FEET ALONG THE SAID SOUTH 1/16THLINE TO A POINT ON THE EAST RIGHT-OF-WAY LINE OF NORTH 2ND EAST; THENCE N 00014'02" W 30.00 FEET ALONG THE EAST RIGHT-OF-WAY LINE OF NORTH 2ND EAST TO A POINT ON THE SOUTH BOUNDARY OF THE LANDS DESCRIBED IN DEED FILED AS INSTRUMENT No. 246171; THENCE N 89046'29" E 203.71 FEET ALONG THE SOUTH BOUNDARY OF THE LANDS DESCRIBED IN DEED FILED AS INSTRUMENT No. 246171; THENCE N 00014'02" W 208.71 FEET ALONG THE EAST BOUNDARY OF THE LANDS DESCRIBED IN DEED FILED AS INSTRUMENT No. 246171; THENCE S 89046'29" W 203.71 FEET ALONG THE NORTH BOUNDARY OF THE LANDS DESCRIBED IN DEED FILED AS INSTRUMENT No. 246171 TO A POINT ON THE EAST RIGHT-OF-WAY LINE OF NORTH 2ND EAST; THENCE N 00014'02" W 649.02 FEET ALONG THE EAST RIGHT-OF-WAY LINE OF NORTH 2ND EAST; THENCE N 05031'35" E 430.54 FEET ALONG THE EAST RIGHT-OF-WAY LINE OF NORTH 2ND EAST TO THE POINT OF BEGINNING. DESCRIPTION CONTAINS 40.000 ACRES MORE OR LESS RECORD OF SURVEY # 470291 SPECIAL WARRANTY DEED PAGE 3 OF ? 470940