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Home My WebLink AboutZMA202200011 Ownership Documents 2022-10-18Instrument Control Number p13042 T C A O X R P E X E M T FEW ❑ LXi ❑ ❑ Commonwealth of Virginia Land Record Instruments Cover Sheet - Form A [ILS VLR Cover Sheet Agent 1.0.661 Date of Instrument: (11115/2016 1 Instrument Type: [DBS Number of Parcels [ 1 ] Number of Pages [ 4] Doc ID: 033449770004 Type: DEE Recorded: 11/15/2016 at 04:09:14 PM Fee Amt: $18,351.33 Page 1 of 4 Albemarle CountyVA Jon R. Zug Circuit Clerk FileN 2016-00013042 Bk4840 P0274-277 City ❑ County Ex] [Albemarle County 1 (Box for Deed Stamp Only) First and Second Grantors Last Name First Name Middle Name or Initial Suffix [SSQ LLC ][ ][ ][ 1 [ 1[ 1[ 1[ 1 First and Second Grantees _ Last Name First Name Middle Name or Initial Suffix [STCVILLE HOTEL INC ] [ ] [ ] [ ] Grantee Address (Name) [STCVILLE HOTEL INC ] (Address 1) 11005 BULLARD COURT ] (Address 2) [SUITE 101 ] (City, State, Zip) [RALEIGH 1 [NC 1 127615 ] Consideration [4,225,000.00 1 Existing Debt [0.00 ] Assumption Balance [0.00 ] Prior Instr. Recorded at: City ❑ County ❑ [ j Percent. in this Juris. Book [ ] Page Parcel Identification No (PIN) Tax Map Num. (if different than PIN) Short Property Description Current Property Address (Address 1) (Address 2) (City, State, Zip) Instrument Prepared by Recording Paid for by Return Recording to Customer Case ID (Name) (Address 1) (Address 2) (City, State, Zip) Cover Sheet Page # 1 of 1 [ ] Instr. No [ [061Z0 03 00 00200 [061Z0 03 00 00200 [3.703 ACRES TRACT 3 E/S RTE 29 [ [ [ 11 ][ [RICHARD G RASMUSSEN III [CHICAGO TITLE [BLUE RIDGE TITLE [ [ [ [ 1[ Prepared by: Richard G. Rasmussen, III, V SB 440694 McCallum & Kudravetz, P.C. 250 E. High Street Charlottesville, VA 22902 Return to: Charles N. Anderson, Jr. Ellis & Winters LLP 4131 Parklake Avenue, Suite 400 Raleigh, North Carolina 27612 013042 Parcel ID: 061 ZO-03-00-00200 Name of Title Insurance Underwriter for Instrument: Chicago Title Insurance Company Assessed Value: $3,116,200.00 Consideration: $4,225,000.00 THIS DEED dated the 15`h day of November; 2016, by and between SSO, LLC, a Virginia limited liability company, indexed and hereinafter defined as "Grantor", and STCVILLE HOTEL. INC., a Virginia corporation, indexed and hereinafter defined as "Grantee", whose address is 1005 Bullard Court, Suite 101,, Raleigh, North Carolina 27615; WITNESSETH: FOR AND IN CONSIDERATION of the exchange of like -kind property between SSQ, LLC, a Virginia limited liability company, and Investment Property Exchange Services, Inc., a California corporation ("Qualified Intermediary"), pursuant to the terms of a certain unrecorded Exchange Agreement dated November.14, 2016, in a transaction qualifying under Section 1031 of the Internal Revenue Code of 1986, and at the direction of said Qualified Intermediary, the Grantor does hereby GRANT, BARGAIN, EXCHANGE, and CONVEY with GENERAL WARRANTY . and ENGLISH 1 COVENANTS OF TITLE unto STCVILLE HOTEL, INC., a Virginia corporation, the following described real property (the "Property"): All that certain tract or parcel of land, with the improvements thereon and the appurtenances thereto belonging, situated on the east side of U.S. Route 29, North of Charlottesville, in Albemarle County, Virginia, fronting 195.20 feet, more or less, on said U.S. Route 29, North, containing 3.703 acres, more or less, shown as Tract No. 3 on a Plat made by Frank A. Gregg, C.L.S., dated July 1, 1998, recorded in the Clerk's Office of the Circuit Court of Albemarle County, Virginia, in Deed Book 1002, page 479; and BEING the real property conveyed to SSQ, LLC, a Virginia limited liability company, by deed dated January 25, 2008, from Robert D. Brugh, of record in the Office of the Clerk of the Circuit Court for Albemarle County, Virginia, in Deed Book 3551, page 164-166. TOGETHER WITH those certain easements recorded in said Clerk's Office ("Easements"): (i) those certain 20' drainage easement conveyed by Deed of Easement dated September 12, 1991, recorded in said Clerk's Office Deed Book 1181, page 532, labeled. as "A", "B", and "C" on the plat attached thereto; (ii) that certain 30' access easement, 20' sanitary sewer easement, and 15' drainage easements conveyed Deed of Easement dated May 30, 1991, recorded in said Clerk's Office, Deed Book 1182, page 63, as specifically described therein; and (iii) Deed of Easement dated January 22, 2002, recorded in said Clerk's Office, Deed Book 2152, page 140, labeled as "Proposed 20' Storm Drainage Ease." on the plat attached thereto. The Easements are shown on that certain boundary survey titled "Boundary Survey Tax Map 61Z-03 Parcel 2, Rio District, Albemarle County, VA", prepared by Dominion Engineering, dated July 1, 2016 (the "Boundary Survey"). The Grantor does hereby GRANT, BARGAIN, EXCHANGE, CONVEY and QUITCLAIM, the property as shown on the Boundary Survey, with no warranty, express or implied. Grantor attaches the Boundary Survey to this instrument solely as a convenience to Grantee and makes no representations or warranties as to the dimensions of the Property or the boundaries of the Easements as shown on the Boundary Survey. Grantor herein warrants and covenants that Grantor will not buy, sell, lease, or otherwise make available any land either now controlled by Grantor or acquired subsequent to the date of this deed, within two (2) miles of the Property for use as a motel/hotel or lodging facility for a period of five (5) years from the date of the opening of the Grantee's hotel facility to be constructed on the Property. This covenant shall be binding upon Grantor, its successors, assigns, or beneficiaries, and shall run with the land. PA This conveyance is subject to easements, conditions, restrictions and reservations contained in duly recorded deeds, plats, and other recorded instruments, if any, constituting constructive notice in the chain of title to the Property, which have not expired by a limitation of time contained therein or have not otherwise become ineffective, there being no intent by this deed to reimpose any such easement, condition, restriction or reservation. WITNESS the following signature and seal, SSQ, LLC, a Virginia limited liability company By:Ro6tj c- " /y4"046 (SEAL) Robert C. Brugh, Manager Commonwealth of Virginia Citytcu=ry of "fidoffivtz ,to -wit: The foregoing instrument was acknowledged before me on this L!54 day of November, 2016, by Robert C. Brugh, Manager of SSQ LLC, a Virginia limited liability company. My commission expires: P . R �, NOTARY''• J , PUBLIC m ? . REG # 7539306 j T� MY COMMISSION o t EXPIRES 1113012017 ',�'',,, ALT1iOF��?, 1 i \ RECORDED IN CLERICS OFFICE OF ALBEMARLE ON NOVEMBER 15, 2016 at 4:09:14 PM AS REQUIRED BY VA CODE 958.1-802