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Home My WebLink AboutDeed APPLICANT 8/25/2020BARGASALE IN LLC, an Oregon Limited Liability Cran,any who acquired title as R E R K & K INVESTMENTS, RRFNBFbRWgOBARIBP, Investments, a Partnership, Grantor conveys to K & K INVESTMENTS, LLC, an Oregon Limited Liability Company, Grantee heroinaHer called Emntee, And unto grantee's heirs, succemors and enigma all of Wal cestaw real property wiW the tenements, hereditaments and appunmmnces Wcreunto belonging or in anywise appertaining, situated in the County of LANE, Stare of Oregon, described as tallows, to -wit SEE EXHIBIT A WHICH IS MADE A PART HEREOF BY THIS REFBRENCE BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300, 195101 AND 195.305 TO 195336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, AND SECTIONS 2 W 9 AND 17, CRAPTER855, OREGON LAWS 1009. THIS INSTRUMENT DOES NOT ALLOW USE OF THE PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCE4 AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNRR9, IF ANY, UNDER ORS 196.3(10, 19531H AND 195305 TO 191336 AND SECTIONS 5 TO 11. CHAPTER 424. OREGON LAWS 2007, AND SECTIONS 2 TO AND 17, CHAPTER 855, OREGON LAWS 2009. The One consideration for this conveyance is 0 change vesting Dated Wis .1D day of-wv LLC, AN OREGON LIMITED LIABILITY COMPANY K & K IN VESTMENTS, i0Y&$MR BY: AZ4BY: ITS:�ITS: N7 Of use KCI State of Oregon County of LANE K & K INVESTMFNTS Until a change is requested all was statements shall be sent to the following address: GRANTOR'S NAME AND ADDRESS "s SAMEASGRANTEE'" K&K INVESTMENTS LLC ARe,souringsesom lo: 3445 MAIN STREET CASCADE TITLE CO. SPRINGFIELD, OR 97475 811 WILLAMETTE GRANTEE'S NAME AND ADDRESS EUGENE, OR 97401 esu RETURN TO CASCADETIIIf CO. � Lana 01"21"m Of Chief DePYLY Clark CmartYIIIneed. and R..,& 2�fU gpplus� CAWPM B IIIII�IIIII'2ldlddmllll�lll llllllllllllll 847.00 BIER 03.0615 Ptl RPR-0EE0 Cnlm1 Stan* 02 TITLENO. 0266209L46 $10.00 *11.00 $16.00 $20.00 ESCROWNO. EVIO-0841 TAX ACC . NO. 0121499,1571062 MAP?AX LOTNO. 17 02 313 1 #6601, #67Dj BARGASALE IN LLC, an Oregon Limited Liability Cran,any who acquired title as R E R K & K INVESTMENTS, RRFNBFbRWgOBARIBP, Investments, a Partnership, Grantor conveys to K & K INVESTMENTS, LLC, an Oregon Limited Liability Company, Grantee heroinaHer called Emntee, And unto grantee's heirs, succemors and enigma all of Wal cestaw real property wiW the tenements, hereditaments and appunmmnces Wcreunto belonging or in anywise appertaining, situated in the County of LANE, Stare of Oregon, described as tallows, to -wit SEE EXHIBIT A WHICH IS MADE A PART HEREOF BY THIS REFBRENCE BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300, 195101 AND 195.305 TO 195336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, AND SECTIONS 2 W 9 AND 17, CRAPTER855, OREGON LAWS 1009. THIS INSTRUMENT DOES NOT ALLOW USE OF THE PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCE4 AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNRR9, IF ANY, UNDER ORS 196.3(10, 19531H AND 195305 TO 191336 AND SECTIONS 5 TO 11. CHAPTER 424. OREGON LAWS 2007, AND SECTIONS 2 TO AND 17, CHAPTER 855, OREGON LAWS 2009. The One consideration for this conveyance is 0 change vesting Dated Wis .1D day of-wv LLC, AN OREGON LIMITED LIABILITY COMPANY K & K IN VESTMENTS, i0Y&$MR BY: AZ4BY: ITS:�ITS: N7 Of use KCI State of Oregon County of LANE K & K INVESTMFNTS Until a change is requested all was statements shall be sent to the following address: GRANTOR'S NAME AND ADDRESS "s SAMEASGRANTEE'" K&K INVESTMENTS LLC ARe,souringsesom lo: 3445 MAIN STREET CASCADE TITLE CO. SPRINGFIELD, OR 97475 811 WILLAMETTE GRANTEE'S NAME AND ADDRESS EUGENE, OR 97401 esu PARCEL]: Beginning at a point on the intersection of the South right-of-way boundary of the McKenzie Highway with the West line of Lot 2, Block 2, DOUGLAS GARDENS, as platted and recorded in Book 4, Page 73, Lane County Oregon Plat Records; thence on a bearing of South 00' 1740" West a distance of 198.2 feet to a point said point being the Southwest corner of Lot 2; thence along the South boundary of Lot 2 on a bearing of South 89' 41' East, a distance of 138.00 feet to a point; thence on a bearing of North 00. 17'40" East a distance of 197.97 feet to a point; said point being on the said South boundary of the McKenzie Highway; thence following the South boundary on a bearing of North 89° 3512011 West a distance of 138.00 feet to the place of beginning, all in said Lot 2, Block 2, DOUGLAS GARDENS, in Section 31, Township 17 South, Range 2 West of the Willamette Meridian, in Lane County, Oregon. PARCEL2: The East 97.04 feet to the North 74.28 feet of Lot 4, Block 2, DOUGLAS GARDENS, as platted and recorded in Book 4, Page 73, Lane County Oregon Plat Records, in Lane County, Oregon. LEGAL 0 1570 Mohawk Boulevard • Springfield, OR 97477 260 Country Club Rd, Ste 120 • Eugene, OR 97401 P.O. Bax 931 • Springfield, OR 97477 P.O. Box 10211 • Eugene, OR 97440 Phone: 541.741.1981 Phone: 541.687.9794 Fax 541.741.0619 Fax %1.687.0924 EverTRWgreen TITLE INSURANCE SERVICES • ESCROW CLOSINGS August 24, 2020 Order No. 20-21235 PRELIMINARY TITLE REPORT Wendy Kimpton Partial Billing $300.00 3445 Main St Additional Chain Springfield, OR 97478 (Paid in Full) Attn: Wendy Kimpton e-mail: wendy.kimpton@fixauto.com TOTAL $300.00 Dear Wendy Kimpton: We are prepared to issue on request and on recording of the appropriate documents, a policy or policies as applied for, with coverage's as indicated, based on this preliminary report. LEGAL DESCRIPTION: SEE EXHIBIT"A"ATTACHED HERETO Showing fee simple title as of August 18, 2020, at 8:00 a.m., vested in: K & K INVESTMENTS. LLC, an Oregon limited liability company Subject only to the exceptions shown herein and to the terms, conditions and exceptions contained in the policy form. No liability is assumed until a full premium has been paid. Order No.: 20-21235 Page 1 of 5 SCHEDULE B GENERAL EXCEPTIONS 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records; proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2. Fads, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the land or by making inquiry of persons in possession thereof. 3. Easements, or claims of easement, not shown by the public records; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments or other fads which a correct survey would disclose. S. Any lien, or right to a lien, for services, labor, material, equipment rental or workers compensation heretofore or hereafter furnished, imposed by law and not shown by the public records. CURRENT EXCEPTIONS: 6. 2020-2021 Taxes, a lien not yet due or payable. 7. Highway Construction Permit, including the terms and provisions thereof, by and through its Oregon State Highway Commission and the City of Springfield, Recorded April 05, 1955, Reception No. 53657, Lane County Oregon Deed Records. (Affects Parcel 1) 8. Anchor Easement, granted to the City of Springfield, including the terms and provisions thereof, by instrument Recorded April 05, 1955, Reception No. 53657, Lane County Oregon Deed Records. (Affects Parcel 1) 9. Slope Easement, granted to the State of Oregon, including the terms and provisions thereof, by instrument Recorded July 13, 1966, Reception No. 53898, Lane County Oregon Deed Records. (Affects Parcel 1) 10. Deed of Trust, including the terms and provisions thereof, executed by K & K Investments, LLC, an Oregon limited liability company, as Grantor(s), to Cascade Title Company, as Trustee, for the benefit of SELCO Community Credit Union, as Beneficiary, Dated May 10, 2010, Recorded May 10, 2010, Reception No. 2010-022025, Official Records of Lane County Oregon, given to secure payment of a Note for $400,000.00. Said Deed of Trust was modified by instrument Recorded June 12, 2020, Reception No. 2020-030070, Lane County Oregon Records. 11. Assignment of Rents, as additional security for the payment of the indebtedness secured by the Deed of Trust as Exception No. 8 herein, which assignment was executed by K & K Investments, LLC, an Oregon limited liability company, to SELCO Community Credit Union, by instrument Recorded May 10, 2010, Reception No. 2010-022026, Lane County Oregon Records. Order No.: 20-21235 Page 2 of 5 12. Line of Credit Deed of Trust, including the terms and provision thereof, executed by K & K Investment, LLC, an Oregon limited liability company, as Grantor(s), to Cascade Title Company, as Trustee, for the benefit of SELCO Community Credit Union, as Beneficiary, Dated May 10, 2010, Recorded May 10, 2010, Reception No. 2010-022028, Official Records of lane County, Oregon, given to secure payment of a Note for $50,000.00. NOTE: Mortgage from K & K Investment, LLC, an Oregon limited liability company, to SELCO Community Credit Union, Recorded May 10, 2010, securing a note in the original principal sum of $50,000.00, and other obligations described herein. This mortgage secures an equity line of credit and/or revolving loan. The Company requires a satisfactory written statement from the existing lender confirming: (a) the payoff amount, (b) the line of credit has been closed, and no further draws/advances will be permitted and/or the right to future advances has been terminated, and (c) agreeing to deliver a full satisfaction/release upon payment of the outstanding balance. Said Deed of Trust was modified by instruments: Recorded August 06, 2012, Reception No. 2012-039536 Recorded August 15, 2013, Reception No. 2013-045066 Recorded July 30, 2014, Reception No. 2014-029471 Recorded July 17, 2015, Reception No. 2015-035295 Recorded August 02, 2016, Reception No. 2016-038993 Recorded July 18, 2017, Reception No. 2017-035149 Recorded July 18, 2018, Reception No. 2018-033421 Recorded August 02, 2019, Reception No. 2019-032845 Recorded July 14, 2020, Reception No. 2020-037155 NOTE: Taxes, Mao No. 17-02-31-31-06601, Code 19-00, Account No. 0121499, 2019-2020, $6,498.19, paid in full. Taxes, Map No. 17-02-31-31-06601, Code 19-00, Account No. 5448988, 2019-2020, $2,958.07, paid in full. (Assessed to A St. Collison Inc.) Taxes, Map No. 17-0231-31-06703, Code 19-00, Account No. 1572062, 2019-2020, $324.40, paid in full. NOTE: The address of the property to be insured herein is: 3445 Main St., Springfield, OR 97478. NOTE: A Judgment/Lien/Bankruptcy Search was done for the name(s) K & K INVESTMENTS, LLC., and as of August 18, 2020, none were found. NOTE: As of August 18, 2020, there are no liens for the City of Springfield. INFORMATIONAL NOTE: The current vesting deed and all changes back to the deed which vests ownership 24 months ago are as follows: BARGAIN AND SALE DEED RECORDED MAY 10, 2010, FROM K & K INVESTMENTS, LLC, AN OREGON LIMITED LIABILITY COMPANY, WHO ACQUIRED TITLE AS K & K INVESTMENTS, A PARTNERSHIP, TO K & K INVESTMENTS, LLC, AN OREGON LIABILITY COMPANY, RECEPTION NO. 2010-022024. Order No.: 20-21235 Page 3 of 5 NOTE: Due to current conflicts or potential conflicts between state and federal law, which conflicts may extend to local law, regarding marijuana, if the transaction to be insured involves property which is currently used or is to be used in connection with a marijuana enterprise, including but not limited to the cultivation, storage, distribution, transport, manufacture, or sale of marijuana and/or products containing marijuana, the Company declines to close or insure the transaction, and this Preliminary Title Report shall automatically be considered null and void and of no force and effect Very truly yours, EVERGREEN LAND TITLE COMPANY HOME OFFICE Andrew Rollins Title Officer cc: NO LIABILITY IS ASSUMED HEREUNDER UNTIL POLICY IS ISSUED AND PREMIUM PAID. IF FOR ANY REASON THE REPORT IS CANCELLED, A MINIMUM CANCELLATION FEE OF $200.00 WILL BE CHARGED. Order No.: 20-21235 Page 4 of 5 EXHIBIT "A" LEGAL DESCRIPTION Parcel 1: Beginning at a point on the intersection of the South rightof-way boundary of the McKenzie Highway with the West line of Lot 2, Block 2, DOUGLAS GARDENS, as platted and recorded in Book 4, Page 73, Lane County Oregon Plat Records; thence on a bearing of South 00" 17'40" West a distance of 198.2 feet to a point, said point being the Southwest corner of Lot 2; thence along the South boundary of Lot 2 on a bearing of South 89" 41' East, a distance of 138.00 feet to a point; thence on a bearing of North 00" 17' 40" East a distance of 197.97 feet to a point; said point being on the said South boundary of the McKenzie Highway; thence following the South boundary on a bearing of North 89° 35'20" West a distance of 138.00 feet to the place of beginning, all in said Lot 2, Block 2, DOUGLAS GARDENS, in Section 31, Township 17 South, Range 2 West of the Willamette Meridian, in Lane County, Oregon. Parcel 2 The East 97.04 feet to the North 74.28 feet of Lot 4, Block 2, DOUGLAS GARDENS, as platted and recorded in Book 4, Page 73, Lane County Oregon Plat Records, in Lane County, Oregon. Order No.: 20.21235 Page 5 W 5 ' � �:$ "N (O a•r ap un I � o O n a,l� z v r a k- -----------"--- f M'dW t�'�iia fp � V 1 _ L� k NCOI,typg4 te' r a.orti,00w HJ K } e Q � � � azsAr.mx Y+ seq�ar.mN E E 4 1 M Lu 0 � n 1 k Lb` e j k r. e „ I� s - i k 0o bd U k EU I .td�}}}f}�c�e}f}ft✓'ffi I � asesi 3ei.m» .ed` rn��t'ffftf'l`f1f#/F#f f}}t}f r R r ��- �l. o c 41 z i'oo; Q IK O__ f `l OOtnQ �` � "4 n I I .�. Z S6n� �.� i pU(W I" rmpQn i.� 2 0 V I ------------------ p ttb duupt"U duly 1, Luu i Evergreen Land Title Company Private Policy Notice PURPOSE OF THIS NOTICE le V of the Gramm -Leach -Bliley Act (GLBA) generally prohibits any financial institution, directly ough its affiliates, from sharing nonpublic personal information about you with a nonaffiliated third pa less the institution provides you with a notice of its privacy policies and practices, such as the type ormation that it collects about you and the categories of persons or entities to whom it may ,closed. In compliance with the ELBA, we are providing you with this document, which notifies you privacy policies and practices of Evergreen Land Title Company. > may collect nonpublic personal information about you from the following sources: Information we receive from you, such as on applications or other forms. • Information about your transactions we secure from our files, or from our affiliates or others. • Information we receive from a consumer reporting agency. • Information that we receive from others involved in your transaction, such as the real estate agent tender. ,less it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonput rsonal information will be collected about you. a may disclose any of the above information that we collect about our customers or former custom, our affiliates or to nonaffiliated third parties as permitted by law. a also may disclose this information about our customers or former customers to the following types naffiliated companies that perform marketing services on our behalf or with whom we have jc mrketing agreements: • Financial service providers such as companies engaged in banking, consumer finance, securiti and insurance. • Non-financial companies such as envelope staffers and other fulfillment service providers. DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYOI aR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW. a restrict access to nonpublic personal information about you to those employees who need to kn it information in order to provide products or services to you. We maintain physical, electronic, a xedural safeguards that comply with federal regulations to guard your nonpublic personal information IN tl,7"3JGU" WAL) 138.00 (CALC)(2) N 1, REVISED N TAX LOTS m 6601 & 6703 TAX LOT a 6601 m OLD LOT LINE LOT 2 lS 89041' E 138.001(2) N 89°4220" W 97.04(1)* N 89°42'20"W LOT 4 40.96 FOUND 5/8" IRON ROD m N DISTURBED BY FENCE CORNER S. 0.2 E. 0.0co TAX LOT 6703 N 0 1. U) 97.04(1)* (1) 3 W 01z L,