Tom Leatherwood, Shelby County Register of Deeds: Instr.

# 07090058
'om Leatheroot
Shelby County Register
As evidenced by the instrument number shown below, this document
has been recorded as a permanent record in the archives of the
Ofice of the Shelby County Register.
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07090058
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TOM LEATERWOD
REGISTER O DEED SHLBY COUJY TEWJESSEE
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160 N. Main St., Suite 519 - Memphis, Tennessee 38103 - (901) 545-4366
http:/register.shelby.tn.us
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Tom Leatherwood, Shelby County Register of Deeds: Instr.# 07090058
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This Instrument Prepared By
Donald E. Bonrland, Attorney
5400 Poplar, Snite 100
Memphis, TN 38119
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SPECIAL WARRANTY DEED
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THIS INDENTURE, made and entered into this _ _Cayof April, 2007, by and between
LOEB REALTY, L.P., a Tennessee limited partnership (hereinafter referred to as "Grantor"), and
QUALITY MEMPHIS PROPERTIES, LLC, a Minnesota limited liability company (hereinafer
refrred to as "Grantee").
WITNESSETH: that for and in consideration of Ten Dollars ($10.00), cash in hand paid,
and other good and valuable consideration, the receipt of all of which is hereby acknowledged,
Grantor has bargained and sold and does hereby bargain, sell, convey and confirm unto Grantee the
following described real estate, situated and being in the City of Bartlett, County of Shelby, State of
Tennessee:
SEE EXHIIT A, ATTACHED HERETO AND I CORPORA TED
HEREI BY REFERENCE.
This is the same property conveyed to Loeb Realty, L.P., a Tennessee limited partnership,
by Special Warranty Deed of record at Instrument Number FW 3001 in the Register's Ofce of
Shelby County, Tennessee.
TO HAVE AND TO HOLD the aforesaid real estate, together with all the appurtenances
and hereditaments thereunto belonging or in anywise appertaining unto Grantee, their heirs,
successors and assigs in fee simple frever.
Grantor does hereby covenant with Grantee that it is lawfully seized in fe of the
aforedescribed real estate; that it has a good right to sell and convey the same; that the same is
unencumbered, except for 2007 City of Bartlett and Shelby County taxes, not yet due and payable,
and subdivision restrictions, building lines and easements of record in Plat Book 1, Pages 55 and 56
in the Register's Ofice of Shelby County, Tennessee, easements of record at Book 5415 Page 451,
and KT 8463 in said Register's Ofice, and deed restrictions at Instrument No. FW 3001 in said
Register's Ofice, and that the title and quiet possession thereto it will warrant and forever defend
against the lawful claims of all persons claiming by, through, or under it, but not further or
otherwise.
The words Grantor and Grantee as used herein shall mean "Grantors" and "Grantees," if more
than one person or entity be referred to, and pronouns shall be construed according to their proper
gender and number according to the context hereof.
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WITNESS the signature of Grantor the day and year first above written.
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LOEB REALTY, L.P.,
a Tennessee limited partnership
By: Loeb Realty Co., Inc.,
its General Partner
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LOUIS S. LOEB, Secretary-Treasurer
Tom Leatherwood, Shelby County Register of Deeds: Instr.# 07090058
STATE OF TENNESSEE
COUNTY OF SHELBY
Before me, a Notary Public in and for said State and County, duly commissioned and
qualified, personally appeared Louis S. Loeb, with whom I am personally acquainted and who, upon
oath, acknowledged himself to be the Secretary-Treasurer of Loeb Realty Co., Inc., General Partner
of Loeb Realty, L.P., the within named bargainor, a Tennessee limited partnership, and that he as
such Secretary-Treasurer of the General Partner, being authorized so to do, executed the foregoing
instrument fr the purposes therein contained by signing the name of the Tennessee limited
partnership by himself as such Secretary-Treasurer of the General Partner.
WITNESS my hand and Notarial Seal at ofice this JOay of April 2007.
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I, or we, hereby swear or afirm that to the best of afant's knowledge, information, and
belief, the actual consideration for this transfer or value of the property transferred, whichever is
greater, is $245,000.00, which amount is equal to or greater than the amount which the property
transferred would command at a fair and voluntary sale.
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Afiant
Subscribed and swor to before me this _0" day of Arj l , 2007 .
My Commission Expires:
Tax Parcel Identification:
Property Address:
Property Owner, Address
and Mail Tax Bills To:
B015600520
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. JORDAN ALISE SCHLOSSMAN
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. NOTAY PUBLIC-MINNESOTA
M Cmi Eip1r1 Jin. 31, 208
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5694 Stage Road, Bartlett, TN
Quality Memphis Properties, LLC
c/o Mindy Ostrow
923 Payne A venue
St. Paul, M55130
Tom Leatherwood, Shelby County Register of Deeds: Instr.# 07090058
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EXHIIT A
Part of Lot 86, of the Town of Bartlett as recorded in Plat Book I, Pages 55 and 56 in the
Register's Ofice of Shelby County, TN and being more particularly described as follows:
Beginning at a point in the east line of Shelby Street (56' ROW), said point being 18.94 feet
northerly from the north line of Stage Road (71' ROW); thence north 0 degees, 19 minutes, 30
seconds east along said east line a distance of 154.76 feet to a point; thence north 89 degees, 35
minutes, 30 seconds east a distance of! 97.30 fet to a point; thence south 2 degees, 01 minutes, 30
seconds west a distance of 227.40 feet to a point in the north line of Stage Road; thence along a
curve to the right having a radius of 919.43 feet, a distance of 60.88 feet to a point; thence north 73
degrees, 57 minutes, 12 seconds west along said north line a distance of 117.50 feet to a point;
thence along a curve to the right having a radius of25.00 feet, a distance of 32.41 feet to the point
of beginning.
BEIG ALSO DESCRIBED AS:
BEGINNING AT A FOUND CHISEL MARK AT THE INTERSECTION OF THE EAST LIE
OF SHELBY STREET (56 FEET RIGHT-OF-WAY) A THE SOUTH LN OF THE
TRUSTEES OF BARTLETT UNITED METHODIST CHURCH PROPERTY AS DESCRIED
I INSTRUMENT M 5411; THENCE SOUTH 86 DEGREES 48 MINUTES 56 SECONDS
EAST SAID SOUTH LINE AND WITH A SOUTH LIE OF THE AMERICAN PROPERTIES
COMP ANY PROPERTY AS DESCRED I ISTRUMENT 05014891 DISTANCE OF 197. I I
FEET (CALL-197 .30 FEET) TO AN ION PIN FOUND IN THE WEST LINE OF THEM. KYLE
RICE PROPERTY AS DESCRIBED IN INSTRUMENT EA 4826; THENCE SOUTH 05
DEGREES 36 MINUTES 51 SECONDS WEST WITH SAI WEST LINE A DISTANCE OF
227.27 FEET (CALL-227.40 FEET) TO AN ION PIE FOUND AT A POIT ON CURVE I
THE NORTH LIE OF STAGE ROAD (71 FEET RIGHT-OF-WAY); THENCE IN A
NORTHWESTW ARDL Y DIECTION ALONG A CURVE TO THE RIGHT HAVING A
RDIUS OF 919.43 FEET (CHORD =60.88 FEET CHORD BEARING- NORTH 72 DEGREES
46 MIUTES 25 SECONDS WEST) WITH THE NORTH LINE OF ST AGE ROAD A DISTANCE
OF 60.90 FEET (CALL ARC LENGTH = 60.88 FEET) TO A POIT; THENCE NORTH 70
DEGREES 19 MINUTES 03 SECONDS WEST WITH THE NORTH LINE OF STAGE ROAD A
DISTANCE OF 117.50 FEET TO A POINT OF CURVATURE; THENCE IN A
NORTHWESTW ARDL Y DIECTION ALONG A CURVE TO THE RIGHT H YING A
RADIUS OF 25.00 FEET (CHORD=29.82 FEET CHORD BEARNG-NORTH 32 DEGREES 45
MIUTES 50 SECONDS WEST) A DISTANCE OF 31.94 FEET (CALL ARC LENGTH= 32.41
FEET) TO A POINT IN THE EAST LINE OF SHELBY STREET; THENCE NORTH 03
DEGREES 50 MINUTES 00 SECONDS EAST WITH THE EAST LINE OF SHELBY STREET
A DISTANCE OF 154.80 FEET (CALL-154.26 FEET) TO THE POIT OF BEGING AND
CONTAIIG 0.90 ACRES.