Quit Claim Deed between AEI Fund Management XVII, Inc. and AEI Income & Growth Fund 24 LLC for Illinois Property
Summary
AEI Fund Management XVII, Inc., a Minnesota corporation, transfers all its interest in a property located at 1512 N. Route 83, Round Lake Beach, Illinois, to AEI Income & Growth Fund 24 LLC. The transfer is made for ten dollars and other valuable consideration. The deed waives homestead rights under Illinois law and grants the property in fee simple to the new owner. The document is signed by the president of the grantor corporation and notarized, making the transfer official as of November 1, 2001.
EX-10.2 5 rlbcwqq.txt QUIT CLAIM DEED Statutory (Illinois) Mail to: AEI INCOME & GROWTH FUND 24 LLC ATTN: BARBARA KOCHEVAR 30 EAST 7TH STREET 1300 MINNESOTA WORLD TRADE CENTER ST. PAUL, MN 55105 Name & Address of Taxpayer: AEI INCOME & GROWTH FUND 24 LLC 30 EAST 7TH STREET 1300 MINNESOTA WORLD TRADE CENTER ST. PAUL, MN 55105 THE GRANTOR(S) AEI FUND MANAGEMENT XVII, INC., A MINNESOTA CORPORATION of the County of RAMSEY State of MINNESOTA for and in consideration of TEN and NO/100ths DOLLARS and other good and valuable consideration in hand paid. CONVEY AND QUIT CLAIM to AEI INCOME & GROWTH FUND 24 LLC of the Country of RAMSEY State of MINNESOTA all interest in the following described real estate situated in the County of LAKE, in the State of ILLINOIS, to wit: SEE "EXHIBIT A" ATTACHED HERETO Hereby releasing & waiving all rights under and by virtue of the Homestead Exemption Law of the State of Illinois. To have and to hold in fee simple forever. Permanent index number(s) Property address: 1512 N. ROUTE 83, ROUND LAKE BEACH, IL Dated effective as of this 1st day of November, 2001 AEI Fund Management XVII, Inc., a Minnesota corporation By: /s/ Robert P Johnson Robert P. Johnson ACKNOWLEDGEMENT STATE OF MINNESOTA ) )SS. COUNTY OF RAMSEY ) BEFORE ME, the undersigned Notary Public, duly commissioned and qualified within and for the State and County aforesaid, Personally came and appeared, Robert P. Johnson, that he is the President of AEI Fund Management XVII, Inc. and that as such officer and on behalf of and in the name of such corporation, on November 12th, 2001, he signed and executed the above and foregoing instrument, and said appearer acknowledged said instrument to be the free act and deed of said corporation, for the purposes and considerations therein expressed. IN WITNESS WHEREOF, this instrument is executed in the presence of the undersigned witnesses and me, a Notary Public, on this 12 day of November, 2001. /s/ Michael B Daugherty Notary Public [notary seal] COUNTY-ILLINOIS TRANSFER STAMPS EXEMPT UNDER PROVISIONS OF PARAGRAPH SECTION 4, REAL ESTATE TRANSFER ACT. DATE: Buyer, Seller, or Representative Recorder's Office Box No. NAME AND ADDRESS OF PREPARER: MICHAEL B. DAUGHERTY ATTORNEY AT LAW 1300 MINNESOTA WORLD TRADE CENTER 30 EAST 7TH STREET ST. PAUL, MN 55101
