NCG030628_Change of Ownership Legal Doc_20230316

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Type: DEED
Recorded: 2/1/2023 12:45:36 PM
Fee Amt: $4,217.00 Page 1 of 4
Revenue Tax: $4,191.00
Alexander, NC
Scott H. Hines Register of Deeds
File#
B K 659 PG 2164 - 2167
ALEXANDER COUNTY TAX
COLLECTOR
Feb 012023
NO DELINQUENT TAXES
NORTH CAROIMA SPECIAL WARRANTY DEED
Delinquent taxes, if any, to be paid by the closing aWmey to the county tax collector upon disbursement of closing
proceeds.
Excise Tax: $ L4.00
Tax Parcel No. 0014227; PIN 3788427758
Drawn by: Womble Bond Dickinson (US) LLP (BAB) No title search or closing conducted; no title opinion given.
Mail after recording to: Grantee
Brief description for the index 1095 McClain Road, Hiddenite, NC
TIES DEED made with an intended effective date of 2023, by and between
American holler Bearing Company
(a Pennsylvania corporation)
Address: PO Box 68
Hickory, NC 28603
GRANTEE
Newco Timken Inc.
(a North Carolina corporation)
Address: 4500 Mt. Pleasant St. NW
Mail Code WHQ-02
North Canton, Ohio 44720
The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors, and assigns, and
shall include singular, plural, masculine, feminine or neuter as required by context.
WITNESSETIL that the Grantor, for a valuable consideration paid by the Grantee, the receipt of which is hereby
acknowledged, has and by these presents does grant, bargain, sell and convey unto the Grantee in fee simple, all
that certain lot or parcel of land and any improvements thereon situated in Alexander County, North Carolina, and
more particularly descn'bed as follows:
See Exhibit A attached hereto and incorporated herein by this reference.
TO HAVE AND TO HOLD the aforesaid interest in said lots) or parcel(s) of land and all privileges and
appurtenances thereto belonging to the Grantee in fee simple.
NOTE: THIS FORM CONTAINS REVISIONS WHICH ARE DIFFERENT FROM THE PROVISIONS OF THE OFFICIAL
FORM PROMULGATED BY THE NORTH CAROLINA BAR ASSOCIATION AND SHOULD BE CAREFULLY
REVIEWED PRIOR TO EXECUTION. WBD (US) 60230342v2
Submitted electronically by Stewart Title Company - NarthStar in compliance with North Carolina statutes governing recordable
documents and the terms of the submitter agreement with the Alexander County Register of Deeds.
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And the Grantor covenants with the Grantee, that the Grantor has done nothing to impair such title as the Grantor
received, and the Grantor will warrant and defend the title against the lawful claims of all persons claiming by,
under or through the Grantor, other than the following exceptions: See Exhibit B attached hereto and incorporated
herein by this reference.
Being the same property that was acquired by the Grantor by deed recorded in Book 381 at Page 379 of the
Alexander County Registry. And see Certificate of Merger recorded in Book 618 at Page 124 and Certificate of
Name Change recorded in Book 618 at Page 125 of the Alexander C mty Registry.
Per NCGS 105-317.2, the property does not include the primary residence of the Grantor
IN WITNESS WHEREOF, this deed has been duly authorized and executed by the Grantor effective as of the day
and year first above written.
American Roller Bearing Company,
a Pennsylvania corporation
1 •�i�. 1
STATE OF tY& PTA Co-ra ,
COUNTY OF
Is ...ram a Notary Public of aforesaid County and State, certify that
the following perA*s) personally appeared before me this day, each acknowledging to me that he or she
voluntarily signed the foregoing document for the purpose stated therein and in the capacity indicated:
$"ape SaCCa.0 as JOrcs i
4a,•iWCElbf American Roller Bearing Company, a
Pennsylvania corporation.
Witness my hand and official seal, this the &-I day of 1-4A t 2023.
[NOTARIAL SEAL]
NOTARY PUBLIC
Print or type name: �3 sb•�. G,r►
My Commission Expires: L
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EXI-UBIT A
Legal Description
Lying and being in Alexander Country, North Carolina and being described as follows:
BEGINNING with an I -Beam located on the north side of the old road, Maloy Lackey's southeast
comer in the Dare Pritchard line, and running North 60 42' 45" East 255.75 feet to an iron pipe; thence
North 570 OT 21" East 550.87 feet to an axle; thence, with the David Williams Estate line, South 78'
37 36" East 1896.55 feet to an iron pipe; thence, with the Henry Shook line, South 65133' 03" West
1783.92 feet to an iron pipe located south of the old road; thence North 52* 2T 40" West 917.46 feet
to the BEGINNING, being 31.758 acres, more or less, in accordance with a survey dated June, 1984,
as prepared by R. A. Childres, R.L.S. No. L-1204.
Being the saute as:
A 31.75 acre tract in Sharpes Township, Alexander County, North Carolina and being recorded in Deed Book 391,
Page 379 of the Alexander County Registry and being located south of McClain Road (known as SR 1632) and
north of Old Mountain Road (known as SR 1005); BEGINNING on a one inch existing iron pipe south of the south
edge of the sixty foot right-of-way of McClain Road and east of the intersection of McClain Road and Old
Mountain Road, the northeast comer of the Timothy G. Lackey and wife Sarah M. Lackey property as recorded in
the Alexander County Register of Deeds in Deed Book 294, Page 009 and having coordinates of Y=238,638.362
meters, X=420,565.802 meters, and having an elevation of 35.615 meters, and a combined scale factor of
0.99988336 and also being located South 70 degrees 52 minutes 32 seconds West 386.79 feet from a spike set,
whose CPS coordinates are Y=238,677.386 meters, 3C 420,677.187 meters, having an elevation of 346.555 meters
and a combined scale factor of 0.99988407, said spike is located southwest of the southwest edge of the southern
entrance into the American Roller Bearing property; thence, along the southern margin of the right-of-way of
McClain Road, North 54 degrees 34 minutes 57 seconds East 550.89 feet crossing the two entrances leading into
the American Roller Bearing Company property to an existing axle being located east/southeast of the right-of-way
of McClain. Road, said iron pipe also being in the southern boundary line of the Perry Williams property as
recorded in Deed Book 92, Page 243; thence, with the common southern boundary line of the Williams property,
South 81 degrees 09 minutes 08 seconds East 1996.74 feet to a 518 inch iron rod set being located 0.19 feet from a
disturbed % inch existing iron pipe, said rod is a point in the southern boundary line of the Williams property and
is also a northwest comer of the Henry Shook and wife Nancy Shook property as recorded in Deed Book 60, page
157; thence, along the western boundary line of the Shook property crossing a four foot wide branch and a four
strand barbed wire fence, South 63 degrees Ol minute 45 seconds West 1546.46 feet to a 5/8 inch existing rebar
being a southwest comer of the aforementioned Shook property and the northeast corner of the Michael Kevin
Shook property as recorded in Deed Book 278, Page 291; thence, continuing with the Michael Kevin Shook
property, South 62 degrees 59 minutes 04 seconds West 237.33 feet to a 519 inch rebar set being located 0.46 feet
from a disturbed % inch existing iron pipe, said rebar also being the nordmast corner of the John Clay Prichard
property as recorded in Deed Book 219, page 177 Tract I; thence, along the Prichard northern boundary line, North
55 degrees 00 minutes 03 seconds West 918.30 feet crossing the northwestern corner of the Prichard property and
running with the Kenneth G. Pritchard property as recorded in Deed Book 528, Page 1673 to an existing railroad
iron being located north of Old Mountain Road and also being the southeast corner of the aforementioned Lackey
property, thence, with the common boundary line of said Lackey property, North 04 degrees 13 minutes 16 seconds
East 255.66 feet to a one inch existing iron pipe, The point of BEGINNING; containing 31.75 acres as shown on a
survey Prepared by Settles Surveying PA, dated September 9, 2009, map file number 13574A, and captioned
"ALTA/ACSM Land Title Survey, American Roller Bearing Company of North Carolina, Sharpes Township,
Alexander County, North Carolina"
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EXHIBIT B
Exceptions
1. Ad valorem taxes for the year 2023 and subsequent years, not yet due and payable.
2. Right of Way of McClain Road (NCSR 1632) to its full legal width.
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