HomeMy WebLinkAbout2010-004 IDA Resolution Purchase Property IDA
RESOLUTION NO. 2010-004
A RESOLUTION AUTHORIZING THE SALE AND TRANSFER OF CERTAIN
PRPERTY TO THE CITY OF RIVERSIDE, MISSOURI; DIRECTING UMB BANK,
AS TRUSTEE, TO RELEASE SUCH PROPERTY FROM THE DEED OF TRUST;
AND AUTHORIZING OTHER ACTIONS IN CONNECTION THEREWITH.
Pursuant to the provisions of Chapter 349, RSMo., as amended, the Board of Directors
of The Industrial Development Authority of the City of Riverside, Missouri (the "IDA"), hereby
adopt this Resolution and direct that this Resolution be filed with the official IDA minutes:
WHEREAS, the IDA issued its Industrial Development Revenue Bonds (Riverside
Horizons Infrastructure Project - City of Riverside, Missouri), Series 2007 in the principal amount
of$40,265,000 (the "Bonds"); and.
WHEREAS, the City of Riverside, Missouri ("City"), the IDA, and UMB Bank, N.A.,
entered into that certain Financing and Cooperation Agreement dated as of May 1, 2007 relating
to the Bonds (the "Financing Agreement"); and
WHEREAS, the Financing Agreement requires that IDA, upon direction of the City,
transfer and sell the Mortgaged Property (as defined in the Financing Agreement), in whole or in
part, in one or more transactions; and
WHEREAS, the IDA has an interest in the Mortgaged Property legally described in
Exhibit A attached hereto; not
WHEREAS, the City has, pursuant to Resolution R-2010-087, a copy of which is
presented with this Resolution and is on file with the Secretary, directed the IDA to convey its
interest in that certain portion of the Mortgaged Property, the legal description of such portion
being attached as Exhibit (the "Property"), to the City upon compliance with the terms and
conditions of the Financing Agreement;
NOW THEREFORE, BE IT RESOLVED, by the Board of Directors of the Industrial
Development Authority of the City of Riverside, Missouri as follows:
Section 1. The IDA's conveyance of all right, title and interest in the Property to the City
at the price of$.50 per square foot is hereby approved. There are 617,817 square feet within
the Property making the sales price of the Property $308,908.50 (the "Sales Price").
Section 2. The Deed conveying all right, title and interest of the IDA in the Property is
hereby approved in substantially the form attached as Exhibit B and the President and Vice
President are hereby authorized to enter into, execute and deliver and the Secretary and the
Assistant Secretary are hereby authorized to attest, such document with such changes therein
as shall be approved by the official of the IDA executing such document, such official's
signature thereon being conclusive evidence of his approval and the IDA's approval thereof.
Section 3. The IDA hereby requests and directs that LIMB Bank, as Trustee, upon
receipt of the sales price cause the release of the Property from the lien of the Deed of Trust.
Section 4. The President, Vice-President, Secretary, Assistant Secretary and other
appropriate officers and agents of the IDA are hereby authorized to take such further actions
and execute such other documents as may be necessary or desirable to carry out and comply
with the intent of this Resolution.
Section 5. The Resolution shall be in full force and effect from and after its adoption.
ADOPTED THIS�DAY OF DECEMBER, 2010.
This Resolution was adopted at the meeting of the Board of Directors of the IDA duly
called and held this date.
President
(SEAL)
ATTEST:
Secretary
EXHIBIT A
LEGAL DESCRIPTION OF PROPERTY
A TRACT OF LAND LYING IN LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A
SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE,PLATTE COUNTY, MISSOURI,ACCORDING TO THE RECORDED
PLAT THEREOF,AND LOCATED IN THE SOUTHEAST QUARTER OF FRACTIONAL SECTION 6,TOWNSHIP 50 NORTH,
RANGE 33 WEST, BEARINGS ARE REFERENCED TO GRID NORTH OF THE MISSOURI STATE PLANE COORDINATE
SYSTEM, 1983,WEST ZONE,AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER OF FRACTIONAL SECTION 6,T50N,
R33W, BEING A FOUND#6 IRON BAR IN MONUMENT BOX, PER CERTIFIED LAND CORNER DOCUMENT NUMBER
600-61555;THENCE N89'23'44"W ALONG THE SOUTH LINE OF SAID SOUTHEAST QUARTER,A DISTANCE OF
1584.16 FEET TO THE SOUTHWEST CORNER OF SAID LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE
ROBERTS"-DECEASED;THENCE N00'16'14"E ALONG THE WEST LINE OF SAID LOT 3, PLAT OF THE PARTITION OF
THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A DISTANCE OF 777.66 FEET TO THE POINT OF BEGINNING;
THENCE CONTINUING N00'16'14"E ALONG SAID WEST LINE OF LOT 3,A DISTANCE OF 1210.00 FEET;THENCE
S89"23'44"E,A DISTANCE OF 531.76 FEET TO A POINT ON THE EAST LINE OF SAID LOT 3, PLAT OF THE PARTITION
OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE S00"22'50"W ALONG SAID EAST LINE OF LOT 3,A
DISTANCE OF 1209.99 FEET;THENCE N89"23'44"W,A DISTANCE OF 529.44 FEET TO THE POINT OF BEGINNING.
EXCEPT ALL THAT PART OF THE WEST 20.00 FEET,AS MEASURED AT RIGHT ANGLES TO THE WEST LINE OF LOT 3,
PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,OF THE ABOVE DESCRIBED TRACT,TO
BE USED FOR ROADWAY PURPOSES.THE TRACT DESCRIBED ABOVE, EXCLUDING THE WEST 20.00 FEET OF
EXCEPTION,CONTAINS 617,817 SQUARE FEET OR 14.1831 ACRES, MORE OR LESS.SUBJECT TO ALL EASEMENTS
AND RESTRICTIONS OF RECORD.
EXHIBIT B
FORM OF CONVEYANCE
SPECIAL WARRANTY DEED
THIS INDENTURE is made as of December _, 2010 by The INDUSTRIAL
DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI, a public corporation
organized and existing under the laws of the State of Missouri, as grantor ("Grantor"), with a
mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150 to CITY OF RIVERSIDE,
MISSOURI, a fourth class city organized and existing under the laws of the state of Missouri, as
grantor("Grantor'), with mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150.
WITNESSETH: THAT GRANTOR, in consideration of the sum of TEN AND NO/100
DOLLARS ($10.00) and other valuable consideration to it in hand paid by Grantee (the receipt
of which is hereby acknowledged) does by these presents, BARGAIN and SELL, CONVEY and
CONFIRM unto Grantee, its successors and assigns, the lots, tracts or parcels of land, lying,
being and situate in the County of Platte and State of Missouri as described as follows:
A TRACT OF LAND LYING IN LOT 3, PLAT OF THE PARTITION OF THE "ESTATE OF GEORGE
ROBERTS"-DECEASED,A SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE, PLATTE COUNTY,
MISSOURI,ACCORDING TO THE RECORDED PLAT THEREOF,AND LOCATED IN THE SOUTHEAST
QUARTER OF FRACTIONAL SECTION 6,TOWNSHIP 50 NORTH, RANGE 33 WEST, BEARINGS ARE
REFERENCED TO GRID NORTH OF THE MISSOURI STATE PLANE COORDINATE SYSTEM, 1983,
WEST ZONE,AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER OF FRACTIONAL
SECTION 6,T50N, R33W, BEING A FOUND#6 IRON BAR IN MONUMENT BOX, PER CERTIFIED
LAND CORNER DOCUMENT NUMBER 600-61555;THENCE N89°23'44"W ALONG THE SOUTH
LINE OF SAID SOUTHEAST QUARTER,A DISTANCE OF 1584.16 FEET TO THE SOUTHWEST CORNER
OF SAID LOT 3, PLAT OF THE PARTITION OF THE "ESTATE OF GEORGE ROBERTS"-DECEASED;
THENCE N00"16'14"E ALONG THE WEST LINE OF SAID LOT 3, PLAT OF THE PARTITION OF THE
"ESTATE OF GEORGE ROBERTS"-DECEASED,A DISTANCE OF 777.66 FEET TO THE POINT OF
BEGINNING;THENCE CONTINUING N00"16'14"E ALONG SAID WEST LINE OF LOT 31 A DISTANCE
OF 1210.00 FEET;THENCE S89"23'44"E,A DISTANCE OF 531.76 FEET TO A POINT ON THE EAST
LINE OF SAID LOT 3, PLAT OF THE PARTITION OF THE "ESTATE OF GEORGE ROBERTS"-DECEASED;
THENCE S00"22'50"W ALONG SAID EAST LINE OF LOT 3,A DISTANCE OF 1209.99 FEET,THENCE
N89"23'44"W,A DISTANCE OF 529.44 FEET TO THE POINT OF BEGINNING. EXCEPT ALL THAT
PART OF THE WEST 20.00 FEET,AS MEASURED AT RIGHT ANGLES TO THE WEST LINE OF LOT 3,
PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED, OF THE ABOVE
DESCRIBED TRACT,TO BE USED FOR ROADWAY PURPOSES.THE TRACT DESCRIBED ABOVE,
EXCLUDING THE WEST 20.00 FEET OF EXCEPTION, CONTAINS 617,817 SQUARE FEET OR 14.1831
ACRES, MORE OR LESS.SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF RECORD.
TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights
privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto
Grantee and unto its successors and assigns forever, Grantor hereby covenanting that it is
lawfully seized of an indefeasible estate in fee of the premises herein conveyed; that it has good
right to convey the same; that said premises are free and clear from any encumbrance (except
as referenced above) done or suffered by it; and that it will warrant and defend the title to said
premises unto Grantee and unto its successors and assigns forever, against the lawful claims
and demands of all persons whomsoever claiming under it except as above stated.
IN WITNESS WHEREOF, Grantor has caused these presents to be signed as of the day
and year first above written.
THE INDUSTRIAL DEVELOPMENT
AUTHORITY OF THE CITY OF
RIVERSIDE, MISSOURI
By:
Pamela Darata, President
ATTEST:
By:
Sarah Wagner, Secretary
ACKNOWLEDGEMENT
STATE OF MISSOURI )
) SS
COUNTY OF PLATTE )
ON THIS _day of December, 2010, before me, the undersigned, a Notary Public in
and for said County and state, personally appeared Pamela Darata, to me personally known,
who being by me duly sworn, did say that she is the President of The Industrial Development
Authority of the City of Riverside, Missouri, a public corporation duly organized and existing
under the laws of the state of Missouri, and that the seal affixed to the foregoing instrument is
the seal of said Authority, and that said instrument was signed and sealed in behalf of said
Authority by free act and deed of said Authority.
WITNESS my hand and official seal in the County and State aforesaid, the day and year
first above written.
Notary Public Signature
(Seal)
Printed or Typed Name
My Commission Expires:
P a o ° ,Aidw9ri
Recording DateMme: 12113/2010 at 01:14:12 PM
Instr Number, 201001606
Book: 1167 Page: 445
Type TRWD
Pages 3 =�;
Fee $30 00S
:I�I:Ilglklll{III�IIIIAIIIIAI�FIIII ........
Grantor INDUSTRIAL DEVELOPMENT AUTHORITY talons eoyer.0
Grantee RIVERSIDECITYOF Recorder ofDeeds
Gkardor.
The Indupnal Devekgnerd AWmrdy dthe CAy Of
Rrvendde.Mbawn
2950 NW Vlvlon Rood,Rmrs"MO 84750
erodw.
The Clly oI Rnersido.Mraaorm
2950 MVVYrvlen Road.RlvereNle.MO 84150
SPECIAL WARRANTY DEED
THIS INDENTURE is made as of December 6, 2010 by The INDUSTRIAL
DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI, a public corporation
organized and Blasting under the laws of the State of Missouri, as grantor ('Grantor), with a
mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150 to CITY OF RIVERSIDE,
MISSOURI, a fourth class city organized and eAsting under the laws of the state of Missouri, as
grantee('Grantee'),with mailing address of 29W NW Vivion Road, Riverside, Missouri 64150.
WITNESSETH: THAT GRANTOR, in consideration of the sum of TEN AND NO1100
DOLLARS ($10.00) and other valuable consideration to it in hand paid by Grantee (the receipt �.
of which is hereby acknowledged) does by these presents, BARGAIN and SELL, CONVEY and "r
CONFIRM unto Grantee, its successors and assigns, the lots, tracts or parcels of land, lying, C"
being and situate in the County of Platte and State of Missouri as described as follows: all
-v
A TRACT OF LAND LYING IN LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE
ROBERTS"-DECEASED,A SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE,PLATTE COUNTY,
MISSOURI,ACCORDING TO THE RECORDED PLATTHEREOF,AND LOCATED IN THE SOUTHEAST Cil
QUARTER OF FRACTIONAL SECTION 6,TOWNSHIP 50 NORTH,RANGE 33 WEST,BEARINGS ARE
REFERENCED TO GRID NORTH OF THE MISSOURI STATE PLANE COORDINATE SYSTEM,1983,
WEST ZONE,AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER OF FRACTIONAL
SECTION 4 TSON,R33W,BEING A FOUND N6 IRON BAR IN MONUMENT BOX,PER CERTIFIED
LAND CORNER DOCUMENT NUMBER 600-61555;THENCE N89IY44"W ALONG THE SOUTH
UNE OF SAID SOUTHEAST QUARTER,A DISTANCE OF 1584.16 FEET TO THE SOUTHWEST CORNER
OF SAID LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;
hNr-n)0 �oc�ooLr— x W'*' cs J�Q-j
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THENCE NOD016'14'E ALONG THE WEST LINE OF SAID LOT 3,PLAT OF THE PARTITION OF THE
"ESTATE OF GEORGE ROBERTS"-DECEASED,A DISTANCE OF 777.66 FEET TO THE POINT OF
BEGINNING;THENCE CONTINUING NOO-16'14'E ALONG SAID WEST LINE OF LOT 3,A DISTANCE
OF 1210.00 FEET;THENCE S89"23'44-E,A DISTANCE OF 531.76 FEET TO A POINT ON THE EAST
LINE OF SAID LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;
THENCE SDD"22'S(rW ALONG SAID EAST LINE OF LOT 3,A DISTANCE OF 1209.99 FEET;THENCE
N89-23'44"W,A DISTANCE OF 529.44 FEET TO THE POINT OF BEGINNING.EXCEPT ALLTHAT
PART OF THE WEST 20.00 FEET,AS MEASURED AT RIGHT ANGLES TO THE WEST UNE OF LOT 3,
PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,OF THE ABOVE
DESCRIBED TRACT,TO BE USED FOR ROADWAY PURPOSES.THE TRACT DESCRIBED ABOVE,
EXCLUDING THE WEST 20.00 FEET OF EXCEPTION,CONTAINS 617,817 SQUARE FEET OR 14.1831
ACRES,MORE OR LESS.SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF RECORD.
TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights
privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto
Grantee and unto its successors and assigns forever, Grantor hereby covenanting that R Is
lawfitly seized of an indefeasible estate in fee of the premises herein conveyed;that R has good
right to convey the same; that said premises are free and dear from any encumbrance (except
as referenced above) done or suffered by it; and that it will warrant and defend the title to said
premlims unto Grantee and unto its successors and assigns forever, against the lawful claims
and demands of all persons whomsoever claiming under it except as above stated.
IN WITNESS WHEREOF, Grantor has caused these presents to be signed as of the day
and year first above written.
THE INDUSTRIAL DEVELOPMENT
- AUTHORITY OF THE CITY OF
RIVEgBt SSOURI
_ Pamela Darate, President
S7y
—
-o
Sarah Wagner, ary zr
t
CJn
ACKNOVIfL_EDGENENT
STATE OF MISSOURI )
) SS
COUNTY OF PLATTE )
ON THIS day of December, 2010, before me, the undersigned, a Notary Public in
and for said County and state, personally appeared Pamela Darsta, to me personally known,
who being by me duly sworn, did say that she is the President of The Industrial Development
Authortty of the City of Riverside, Missouri, a public corporation duly organized and existing
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under the laws of the state of Missouri, and that the seal affixed to the foregoing intra neat Is
the seal of said Authority, and that said instrument was signed and sealed in behalf of said
Authority by free ad and deed of said Authority.
WITNESS my hand and official seal in the County and State aforesaid,the day and year
first above written.
"NOTARY
Robin L Littrell,Notary Public v WKA.t_YlC/
RayCounpr,Stele of Missouri Notary public Signature
My Comm anion Expires 3/3!2011 /
(Seal) Commeean Number 07390831 �J k w3 L. L—W a`f
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Printed or Typed Name
My Commission Expires:(t qz)m -5, �
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Recorded in Platte County,Missouri
Recording Date/Time:12/15/2010 at 10:27:13 AM
Instr Number: 2010016201 `,GpQOER
Book: 1167 Page: 610 Fa
:. o
Type: DR PART
Pages:6
y,
Fee: $36.00 S
NM
GLORIA
OYER
Electronkall Recorded GLORIA fDee
Y Recorder of Deeds
MP936z6
Til Is bocument: PARTIAL RELEASE
Date of Document: December j 't , 2010
Grantor: UMB BANK, N.A.
1010 Grand Blvd., 4"' Floor
Kansas City, Missouri, 64106
Grantee: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF
RIVERSIDE, MISSOURI
2950 NW Vivion
Riverside, Missouri 64150
and
THE CITY OF RIVERSIDE, MISSOURI
2950 NW Vivion Road
Riverside, Missouri 64150
Legal: See Exhibit A on page 5
Reference: BK1103PG315 BK1103PG316
BK1111PG854 BK1111PG853
Return Recorded Document to:
Nancy Thompson
2950 NW Vivion Rd
Riverside, MO 64150
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PARTIAL RELEASE
The City of Riverside, Missouri
and
The Industrial Development Authority of the City of Riverside, Missouri
THIS PARTIAL RELEASE is executed on the 14a day of December, 2010 by UMB
BANK, N.A.,a national association duly organized and existing under the laws of the United
States of America having a corporate trust office located at UMB Bank, N.A.; 1010 Grand Blvd.,
4' Floor, Kansas City, Missouri 64106, Attention: Corporate Trust Department, and its
successors and assigns, ("Mortgagee"), for the benefit of the CITY OF RIVERSIDE,
MISSOURI, a fourth class municipality of the State of Missouri, whose address is 2950 NW
Vivion Road, Riverside, Missouri 64150, ('City')and THE INDUSTRIAL DEVELOPMENT
AUTHORITY OF THE City OF RIVERSIDE, MISSOURI a public corporation organized and
existing under the laws of the State of Missouri, having its principal office located at 2950 NW
Vivion, Riverside, Missouri 64150, ("Mortgagor")and the.
RECITALS:
A. The mortgagor issued its $30,265,000 Revenue Bonds (Riverside Horizons 00
Infrastructure Project-City of Riverside, Missouri) Series 2007A and $10,000,000 Revenue X
Bonds (Riverside Horizons Infrastructure Project-City of Riverside, Missouri)Series 2007B
dated as of May 1, 2007 (the"Bonds").
B. In connection with the Bonds, Mortgagee and Mortgagor entered into a series of 0
security documents, including (but without limitation):
0
(i) A Financing and Corporation Agreement dated May 1, 2007 between The
Industrial Development Authority of the City of Riverside, Missouri and UMB,
N.A.; recorded May 9, 2007 in Book 1103 a Page 315 in the office of the
Recorder of Deeds, Platte County, Missouri ("Financing Agreement").
(ii) A Deed of Trust and Security Agreement, granting a deed of trust lien on the
Property described therein, ("Mortgaged Property")to secure the payment of
the Series 2007 Bonds, and any other amounts or obligations secured thereby,
dated May 1, 2007, and recorded May 9, 2007 in Book 1103 at Page 316 in the
office of the Recorder of Deeds, Platte County, Missouri ("Mortgagd').
C. Section 6.3 of the Financing Agreement set the minimum amount per square foot
which must be deposited with the Mortgagee with respect to a sale of all or any portion of the
Mortgaged Property at$.50 per square foot.
D. The City directed that the Mortgagor sell to the City 617,817 square feet of the
Mortgaged Property, the legal description of such property being set forth on Exhibit A
("Released Property")and Mortgagor, pursuant to a Quitclaim Deed, has sold and transferred
all right, title and interest in the Released Property to the City.
2
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E. The City has pad to Mortgagee the sales price of$.50 per square feet for the
Released Property.
F. Pursuant to Section 6.5 of the Financing Agreement, it is necessary that the
Mortgagee release its lien with respect to the Released Property.
AGREEMENT
NOW,THEREFORE, in consideration of these Recitals, the mutual benefits and
obligations accruing under this and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Mortgagee agrees as follows:
1. Mortgagee does hereby release its lien on the Released Property, the legal
description of which is described on Exhibit A. This is a partial release of only the Released
Property and shall not affect the remaining Mortgaged Property or the indebtedness thereof on
the Mortgage or Financing Agreement.
2. Notwithstanding the release of the lien on the Released Property, the Mortgage,
in the initial principal amount of$30,265,000 for the Series 2007A bonds and $10,000,000 for
the Series 20078 bonds from the Mortgagor to the Mortgagee shall remain in full force and pp
effect indemnities and other obligations under the Mortgage which, by their terms, survive a T�
release of the lien on the Released Property, shall remain in full force and effect with respect to
the non-released property and are not cancelled.
3. Furthermore, notwithstanding anything to the contrary contained herein, any and ro
all liens created against the Released Property in the Mortgage and/or the Financing Agreement
are released in their entirety and in all respects, Mortgagee shall have no continuing rights, c
interests or privileges whatsoever with respect to the Released Property, or any portion thereof,
and Mortgagee shall have no rights of action, foreclosure, recourse or otherwise whatsoever
with respect to or against the Released Property, or any portions(s)thereof, from and after the
date hereof, including, without limitation, arising from any purported breach or default by
Mortgagor or its successors or assigns of any obligations that purport to have survived the
release made hereby.
IN WITNESS WHEREOF, Mortgagee hereby executes this instrument to be effective as
of the date first written above.
MORTGAGEE: UMB BANK, N.A
By /5-,L /—I
Name: Brent W. Keep
Title: Vice-President
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ACKNOWLEDGEMENT
STATE OF MISSOURI }
)SS.
COUNTY OF JACKSON }
On this, the��Ly of December, 2010, before me, the undersigned, a Notary Public
appeared Brent W. Keep,who being before me duly sworn did say that he is a Vice President of
UMB Bank, N.A., a national banking association organized under the laws of the United States
of America and that the seal affixed to the foregoing instrument is the seal of said association,
and that said instrument was signed and sealed on behalf of said association by authority of its
board of directors, and said official acknowledged said instrument to be executed for the
purposes therein stated and as the free act and deed of said association.
IN WITNESS WHEREOF, I hereunder set my hand and affixed my notary seal, the day
and year last above written.
W
Notary Publi rn
na�r -4
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My commission expires: DELLA SPENCER
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Notary Public-Notary Seal
STATE OF MISSOURI o
Jackson County .
My Commission Expires:Feb.21,2011
Commission#07013628
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Exhibit A
Legal Description of Released Property
A TRACT OF LAND LYING IN LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS--
DECEASED,A SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE,PLATTE COUNTY, MISSOURI,
ACCORDING TO THE RECORDED PLAT THEREOF,AND LOCATED IN THE SOUTHEAST QUARTER OF
FRACTIONAL SECTION 6,TOWNSHIP 50 NORTH,RANGE 33 WEST, BEARINGS ARE REFERENCED TO GRID
NORTH OF THE MISSOURI STATE PLANE COORDINATE SYSTEM, 1983,WEST ZONE,AND BEING MORE
PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING ATTHE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER OF FRACTIONAL SECTION 6,
TSON, R33W, BEING A FOUND#6 IRON BAR IN MONUMENT BOX, PER CERTIFIED LAND CORNER
DOCUMENT NUMBER 600-61555;THENCE N89"23'44"W ALONG THE SOUTH LINE OF SAID SOUTHEAST
QUARTER,A DISTANCE OF 1584.16 FEET TO THE SOUTHWEST CORNER OF SAID LOT 3,PLAT OF THE
PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE NOO°16'14"E ALONG THE WEST
LINE OF SAID LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A W
DISTANCE OF 777.66 FEET TO THE POINT OF BEGINNING;THENCE CONTINUING N00'16'14"E ALONG
SAID WEST LINE OF LOT 3,A DISTANCE OF 1210.00 FEET;THENCE S89`23'44E,A DISTANCE OF 531.76
FEET TO A POINT ON THE EAST LINE OF SAID LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF v
GEORGE ROBERTS"-DECEASED;THENCE S00°22'50"W ALONG SAID EAST LINE OF LOT 3,A DISTANCE OF
1209.99 FEET,THENCE N89"23'44"W,A DISTANCE OF 529.44 FEET TO THE POINT OF BEGINNING. '0
0
EXCEPT ALL THAT PART OF THE WEST 20.00 FEET,AS MEASURED AT RIGHT ANGLES TO THE WEST LINE W
OF LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,OF THE ABOVE p
DESCRIBED TRACT,TO BE USED FOR ROADWAY PURPOSES.THE TRACT DESCRIBED ABOVE, EXCLUDING
j THE WEST 20.00 FEET OF EXCEPTION,CONTAINS 617,817 SQUARE FEET OR 14.1831 ACRES,MORE OR
LESS.SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF RECORD.
5
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