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�S L A M E R /C. <br /> ti '7 <br /> •t <br /> First American Title Insurance company <br /> PRELIMINARY SEARCH AND HOLD REPORT <br /> DATE: July 30, 1997 <br /> PRESENT OWNER OF RECORD: Ivan H. Balch <br /> PROPERTY ADDRESS: 2108 Uphoff Road <br /> Cottage Grove, WI 53527 <br /> LEGAL DESCRIPTION: <br /> PARCEL A: The Southwest 1/4 of the Northwest 1/4 of Section 14, Town 7 North, Range 11 East, in the <br /> Town of Cottage Grove, Dane County, Wisconsin, except a strip of land 100 feet in width running through <br /> the Southwest 1/4 of the Northwest 1/4 of said Section 14, heretofore conveyed to railroad company. <br /> PARCEL B: The Southeast 1/4 of the Northeast 1/4 of Section 15, Town 7 North, Range 11 East, in the <br /> Town of Cottage Grove, Dane County, Wisconsin, except a strip of land 100 feet in width running through <br /> the Southeast 1/4 of the Northeast 1/4 of said Section 15, heretofore conveyed to railroad company. <br /> OUTSTANDING MORTGAGES & SECURITY AGREEMENTS: <br /> Mortgage, and the terms and conditions thereof, to secure an indebtedness in the originally stated <br /> principal amount of $60,000.00. <br /> Mortgagor: Ivan H. Balch <br /> Mortgagee: The First National Bank of Portage <br /> Dated: January 2, 1996 Recorded: January 11, 1996 <br /> Volume 31770 of Records, Page 24, as Document No: 2730879. <br /> PURCHASED: January 2,1 996 AMOUNT: $160,000.00 <br /> PARCEL NUMBER: 09-0711-142-9000-4 (Parcel A) <br /> ASSESSMENT INFORMATION: <br /> Land: $43,700.00 <br /> Improvements: $64,900.00 <br /> Total: $108,600.00 <br /> Fair Market Value: $110,900.00 <br /> TAXES: 1996 Net Tax: $2,492.18 <br />