HomeMy WebLinkAboutDeed APPLICANT 11/6/2020T
CASCADE
TITLE
CD.
AFTER RECORDING RETURN TO:
CASCADE TITLE COMPANY
811 WILLAMETTE ST., EUGENE, OR 97401
TITLE NO. 0301584
ESCROW NO. EU17-1410 ISR
TAX ACCT. NO. 1654639
MAP/TAX LOT NO. 17-02-31-21-02601
GRANTOR
DEXTER. FOREST FIBRE, INC.
GRANTEE
BLACK LABEL, LLC
79 CENTENNIAL LOOP
EUGENE, OR 97401
Until a change is requested
all tax statements shall be
sent to the following address:
***SAME AS GRANTEE***
Lane County Clerk 101700�193�
Lane County Deeds and Records
1111111 I I I I 111111111 I III 1111111111111111 $52,00
01670982201700419350020027
08/2412Q17 01,114:29 PM
RPR—DEED Cnt-1 Stn=9 CASHIER 11
$10.00 $11.00 X21.00 $10.00
After recording return to:
CASCADE TITLE CO.
811 WILLAMETTE
EUGENE, OR 97401
WARRANTY DEED -- STATUTORY FORM
DEXTER FOREST FIBRE, INC., Grantor,
conveys and warrants to
BLACK LABEL, LLC, an Oregon Limited Liability Company, Grantee,
the following described real property free of encumbrances except as specifically set forth herein:
Parcel
1,
Land
Partition
Plat
No.
Records,
in
Lane County,
Oregon.
2000-P1408, Lane County Deeds and
BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD
INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 1959300, 1954-301 AND 195.305 TO 195.336 AND
SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON
LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010, 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 PARCEL, 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 OWNERS, IF
ANY, UNDER ORS 195.3009 195,301 AND 195,305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS
2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8,
OREGON LAWS 2010.
Except the following encumbrances:
2017118 TAXES WHICH ARE A LIEN BUT NOT 'SET DUE AND PAYABLE.
COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS OF RECORD.
The true consideration for this conveyance is $1.00 and other good and valuable consideration AS
PAID BY/TO AN ACCOMMODATOR PURSUANT TO IRC 1031.
CVRD- E XJ' L'rR(NRR)
Dated this p7c3,1/ day of
DEXTER FOREST FIBRE, INC.
BY:
W
A
DE A. DOAK, PRESIDENT
State of Oregon
County of Lane
This instrument was acknowledged before me on
PRESIDENT OF DEXTER FOREST FIBRE, INC.
/` (Notary Public for Oregon
y commission expires 6
WRD-EXT LTR(NRR)
aD/7
2017 by WADE A. DOAK, AS
OFr#C1AL. STAMP'
NADJA ROSE REYNOLDS
NOTARY pUSUC•OREGON
COMMISSION NO* 931613
MY CUfnrA'SS�4N EXPIRES AUGUST 21, ?D18
T
CASCADE
TYTLE
GD.
STATUS OF RECORD TITLE REPORT
GARY MARTIN Date: NOVEMBER 6, 2020
Our No: CT -0323579
Charge: $N/C
As requested, Cascade Title Co. has searched our tract indices as to the following
described real property:
Parcel 1, LAND PARTITION PLAT NO. 2000-P1408, as platted and recorded October 23,
2000, Reception No. 2000-060948, Lane County Deeds and Records, in Lane County,
Oregon.
and as of: OCTOBER 27, 2020 at 8:00 A.M., we find the following:
Vestee:
BLACK LABEL, LLC,
an Oregon Limited Liability Company
Said property is subject to the following on record matters:
1. Covenants, conditions, restrictions and easements, including the terms and
provisions thereof (but omitting covenants or restrictions, if any, based upon
race, color, religion, sex, sexual orientation, familial status, marital status,
disability, handicap, national origin, ancestry, or source of income, as set forth
in applicable state or federal laws, except to the extent that said covenant or
restriction is permitted by applicable law) in Deed recorded July 8, 1954,
Reception No. 1954-033412, and Reception No. 1954-033413, Lane County Oregon Deed
Records.
2. Covenants, conditions, restrictions and easements, including the terms and
provisions thereof (but omitting covenants or restrictions, if any, based upon
race, color, religion, sex, sexual orientation, familial status, marital status,
disability, handicap, national origin, ancestry, or source of income, as set forth
in applicable state or federal laws, except to the extent that said covenant or
restriction is permitted by applicable law) in Deed recorded May 10, 1955,
Reception No. 1955-056415, Lane County Oregon Deed Records.
3. Covenants, conditions, restrictions and easements, including the terms and
provisions thereof (but omitting covenants or restrictions, if any, based upon
race, color, religion, sex, sexual orientation, familial status, marital status,
disability, handicap, national origin, ancestry, or source of income, as set forth
in applicable state or federal laws, except to the extent that said covenant or
restriction is permitted by applicable law) in Deed recorded April 11, 1958,
Reception No. 1958-036398, Lane County Oregon Deed Records.
MAW OFHCE FLORENCE OFFICE WI GEPLAZAOMCE
811W LAMETTESM 915 HW 101' FLORENCE OREGON 97439 47M VE,LAGE PLAZA LOOP SUITE 100
EUGENE, OREGON 9]401 MAH.ING: PO BOX 508' FLORENCE OREGON 97439 EUGENE OREGON 97401
PH: (541) 6872233 * FAX: (541)185-0309 PH: (541) 99]341] * FAX: (541)9978246 PH: (541) 653-8622 * FAX: (541) 8444626
Order No. 0323579
Page 2
4. Improvement agreements, including the terms and provisions thereof, with the City
of Springfield, recorded November 15, 1999, Reception No. 1999-094141, and re-
recorded December 17, 1999, Reception No. 1999-101965, Lane County Official
Records.
5. Improvement Agreement, including the terms and provisions thereof, with the City of
Springfield, recorded December 30, 1999, Reception 1999-106065, Lane County
Official Records.
6. Right of Way Easement, including the terms and provisions thereof, granted the City
of Springfield, recorded July 10, 2000, Reception No. 2000-039610, Lane County
Deeds and Records.
7. Declaration of Private Easement, including the terms and provisions thereof,
recorded August 8, 2000, Reception No. 2000-045266, Lane County Deeds and Records,
over Lot 2 to serve Lots 1 and 2.
B. Easements, notes, conditions, restrictions and dedications as shown, set forth,
and/or delineated on the recorded Land Partition Plat No. 2000-P1408, recorded
October 23, 2000, Reception No. 2000-O60948, Lane County Deeds and Records.
9. Declaration of Private Easement, including the terms and provisions thereof,
disclosed by instrument recorded October 25, 2000, Reception No. 2000-061473, Lane
County Deeds and Records.
10. Deed of Trust, including the terms and provisions thereof, executed by Black Label,
LLC, an Oregon Limited Liability Company, Grantor, to Cascade Title Co., Trustee,
for the benefit of Columbia State Bank, Beneficiary, dated August 18, 2017, recorded
August 24, 2017, Reception No. 2017-041936, Lane County Deeds and Records, to secure
payment of a note for $924,000.00.
11. Assignment of rents due or to become due and accruing from said property, including
the terms and provisions thereof, between Black Label, LLC, an Oregon Limited
Liability Company, and Columbia State Bank, dated August 10, 2017, recorded August
24, 2017, Reception No. 2017-041937, Lane County Deeds and Records.
12. Financing Statement recorded August 24, 2017, Reception No. 2017-041930, Lane County
Deeds and Records, lists Black Label, LLC, as Debtor, and Columbia State Bank, as
Creditor, with security information obtainable from creditor.
NOTE: The property address as shown on the Assessor's Roll is:
720 35th Street
Springfield, OR 97470
NOTE: Taxes, Account No. 1654639, Assessor's Map No. 17 02 32 2 1, 426-01, Code 19-00,
2020-2021, in the amount of $17,641.22, PAID IN FULL.
This report is to be utilized for information only. This report is not to be used as a
basis for transferring, encumbering or foreclosing the real property described.
The liability of Cascade Title Co. is limited to the addressee and shall not exceed the
premium paid hereunder.
CASCADE TITLE CO., by:
t£/aa: Title Officer: DEBBIE KNUDSEN
NECOR. I N'
C. CARTER L
Ic
T
CASCADE TITLE CO.
MAP NO.
_ 17-02-31-21
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1EGY's ;
81
21
2500 �9 sa nvE-�-r}
jgl
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4200 �$ com
THIS MAP/PLAT IS BEING FURNISHED AS AN AID IN LOCATING THE HEREIN DESCRIBED LAND IN
RELATION TO ADJOINING STREETS, NATURAL BOUNDARIES AND OTHER LAND, AND IS NOT A SURVEY
OF THE LAND DEPICTED. EXCEPT TO THE EXTENT A POLICY OF TITLE INSURANCE IS EXPRESSLY
MODIFIED BY ENDORSEMENT, IF ANY, THE COMPANY DOES NOT INSURE DIMENSIONS, DISTANCES,
LOCATION OF EASEMENTS, ACREAGE OR OTHER MATTERS SHOWN THEREON.
1
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i
F
_ 22
a PCL.I S�t\\����
2602
0.99 Ac
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0
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2700
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PCL.2 t,
b
u y 9
ue r
4200 �$ com
THIS MAP/PLAT IS BEING FURNISHED AS AN AID IN LOCATING THE HEREIN DESCRIBED LAND IN
RELATION TO ADJOINING STREETS, NATURAL BOUNDARIES AND OTHER LAND, AND IS NOT A SURVEY
OF THE LAND DEPICTED. EXCEPT TO THE EXTENT A POLICY OF TITLE INSURANCE IS EXPRESSLY
MODIFIED BY ENDORSEMENT, IF ANY, THE COMPANY DOES NOT INSURE DIMENSIONS, DISTANCES,
LOCATION OF EASEMENTS, ACREAGE OR OTHER MATTERS SHOWN THEREON.
ALL MEN FI'?HESE PRESENTS, Too, _—S.._n_.
ra ndemtion o)aenana_m(]no
• -_— _.___. __._. ....._..___. __....._.Frsnces ....._ _—.......f
ro... them_ -paid by_�sxmvS_ npo,.,�na,,,,,.an3_Waxgh,,,_of threaurbam�. nngnui_a and prefer.
3n Qstptq,bY tLQ gGt{5;9FY....e ,the_- Y4T PL B0.ther._of-them _
do__..heeeby grana barga, fd and roavey unto .raid Yermn R...Beaucha food }Torg t Fbene_es
y.eaac::am*1._hu Z'ru.A aud. rL3e...nn..estat a_bt the eufjret,,- of viterivoirof ilth., o£ them
___...__T . ......... ...*o+- .heirs and amig,,, all she Jalka ng real property, wird the renr-
-, b ... dila, n, tadappy o,ea fr 11—Iod in rhe
Conrzry o}_ __. Lana_______ -und Srare of Oregon boned d d d srihed arJ [[ ro-wir:
Lot Sisk) EiS'ct (62) In the A=ems Flat as platted rind r_coxded in Book
14, ? e 3. Le=e C.no, 011,ok R11a If .. .ata. ,
Subject to fo11.o I., - t-: A . Cnildiq,. must be n +ated with
tw coats ], ast oe d -saint d feen 90 aero e'- mnleti.onR s standard
sortie tfsn,. must 'mi i.ed to tosm fox u t time of e ell sales
entl leasee 1 e limited to me1D ere olot; 11' an R-eeldtrelvpb m e this on
ee iconce 5F slo -n seise e this ise ^11 builtlings mu set 'tack
at laaeY nt feet a ra bits, t; no otven. be m ect on this 1v6 -
- ent pout lx" .n abMts; this 1nt m;: Da use3 for nasi deptial Dux- .
_ as end brei" re r es.
4
To ha.e und to Hnld, rbe above d .... bed and g.mnrd pis o rbe xud_
nnr
'era.-.ceav- -xes 3. 2esarookinmo
t r Lein d ..... ever
Bed _. __ _. _. ns =rte A_ate _.._
L g aero. .
( --d d, co r Erin, rl l fie dg r §._ tekir_h d 'Gf
'ba, thar are .. I r ll, s: ed ;n j er mple sJIhc 1 mred grp..r f, rbarrbe above _
gamed p.e... /.ee> s" an ovr r ...
d bol tLey 11 ad. tintil 1'e" ,...l •l .beret r r 1. rr r [ { r
e_ d d
] J d rl e ado g r d p moire d � p p 1� ag r rhe lzss,¢[t d and demmedf -
J
IVemev anx had id 1111 s ✓u e'.kxe of Sn1g (9_hF
E P
(SEAL)
(Si',)
dor- ,2a s a e L c --.a p t T 20
J81--834 x 1 7 9 6 A life 1.50
STATE OF OREGON, )
)ss.
' BE IT REMEMBERED, 1Gar on <Gu-. _ 231d. dnl of _.___ Su1y .._.. A. D. 19_4$_.
bd—.,rbeuvd igned, a—
in ,,d Jar mid Corauy . . d S,�xe, 0,...11, appr... d rhe wlrhm n ,.,d
_._. * C. A6— 3 ixo. _.. -.
ubo__.are h'O."
ro e
nr ro be rbe ]denrkn[ indmid ml. s.. dnvlbed !n m+d n -h. eaevumd rbz mlrb. ]unnmenr and arAnme-
ledged m me rbnr tDay. _. rzeaered rbe ramp f...1, and -1 1,
IN7IAI MOM" WHEREOF, I I— I.....c rrr my timed and
ff"GI lhedar d1 I r ,or: vu.
N � PnGI to n
Al,C. —I,, eap D 9b— 1 1910
1
l A,y
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All
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Warranty Deed
T1119 INDENTURE VVITNESSETP. That J, 0, Adams and Olecall Adams, husband wed
,if.
vac Cam ln, s, fmai:d In ,doratiavoP ehoenmal' .en add ew/100_______DULLdHB
to thers paid, do horoby. bapain xell and ecna, mal, Vernon , Beauchamp so,
Ilar?acet Prances Beauchamp, husband and nice, or the sunn_vor of either of them.
ran yraMces mn enumdna dameb¢d p Ieimeoe, 1.,,1dd. 1
Net 69 in the Adam= plat as fatted and recorded 109 od, 14 P111 1, Lane County
_ OSe) on Rto the f 11co Paars,
Subject to the must
be
Painted
notions:
All onvol,tings must be paintsd with Gvo coats of standard paint within 90 days
after c mrletion,
A stm.daN septic tank moat be installed for v up
at the time If occany,
c
Al sal.os and leases are limited t0 members of the Ceucasian Ila, e,
All buildings mast be set back at least 25 feet from the roa'eay,
No livestock may be knot on this lct e cept poultry and rabbits.
This act may be Liked for bus mess as .re._ as residential purposes and mare than
one bvilcind may b, erected,
'1'0 RAVE AND TO HOLD II—mdpoen:In�W, min lhdv appu:tenenveti miw Wwa their
baro and ne,-, r-, ,e .ALid lbs nod O—taz do ILI. nnvcuan, ft, and mth lnamld omntx e.
Lhcir Lei:x and —I dud- hL In„nee a n lee 5i,l, of mid premisre, and
uL. ;
dmtlL: am Oen I— ad III unobrnncax
and Ilial they ,III we I. and dofnnd 1, same fi-, all Ieyl'nl 0aimo'In noe,a:.
IN WITNESS WHER40F', I, heve --n:o xe.- handy :Intl x, a flu,
oc
!f,h daJIf -- %%1r IJ 111,
Aa �LC'['Fi)l�LKL e{�rV/P- A5 vJ
O'1'ATE OF OHEt106.
OOUITTY 0} Lane ( '
n Aa mhmbcved mat,,:: Ida 26th da, or .",ay . P, L9
P eB`alijz ui a mdal L1..:. Vn i,z `,I ut and daLint noonfy. ala v ti'n nicer, -
% O, Adams and Gleams Adams, husband and yr -e
J.0 p„AJL
deaseeeMI khOns InLud11IL' dol ILI reena c Imanbodin -Il 11111 nom ILI"blln
I:idttLN6nt mad I II on 1 to n, L!I they teas i u:need lbs fon 11 Lid ♦olonnelly fm'
mdLnm,,mb&,P,n nO.'ren Limned. _
VI Pro h 1vd��-fl gym. I d nm. l.ac4�A 1' yI p.
N.'ry P.wi, fns nxegon
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Y { Warranty Deep?
TIIIF I6"OPp"TLRtP WI'SP]F.eF.Tif Ti.o+ „ z. .".dy.-yq e d Gl Tia l.dz:. + hesband-wd
„ire
o"Gonnfers.fm'nndlc ---_____
.......
FFrdth-r F,1,
+ thew P b] s+d ^tlbl o>�e
lR 11
rI rk aA. A.
le r Fol-:.
Loto 3 eM Ll In th htl -1, e2 _, __, P2Re
3. Lase Counbj OreSon Sec.-= c_ rnm 7a-,, �
Tbess ev'e bus'Inees I'd
'[O IiAI P, ']Fl TO J L,7 I I i.. ¢e.11 1
Their Y ] +e. enx — - 1. �. cn..• -
-�._ nut mgr.m f+ne nem eu inenmta,.,,e.-.
sTAIE OF OREGON. , s
COtNTYOF L
9 + —4rcd th t an tb 17th d, 9 1 ,
'ely a. f n Nefara➢ L',aib6o iu-and f - 'tl m. a - 'U arced 4+
1 e nersouWl3 Es'L@4�iRALnl pgmL dib d d h (d th 'thw 9
Z _717;='
eare d d re'a' ecwed 6.Dame frm1' evd 1 fnH3➢ fax u
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ltv COmmiaa ryfPxr$'
+. Ill Publ a for Oregaurl,,
"+I ibnl t h !' ' 11 e.+-'unl dt-,xl
ill, some fmm nil
11-f9i r
.mev. .. -
IN IVIMP$�
5 NVEERENJ .O
IL, , I:eremte ee+ ..ea..e
.:od ses L^
rs
di"_
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T—,�.IF I n
fi
sTAIE OF OREGON. , s
COtNTYOF L
9 + —4rcd th t an tb 17th d, 9 1 ,
'ely a. f n Nefara➢ L',aib6o iu-and f - 'tl m. a - 'U arced 4+
1 e nersouWl3 Es'L@4�iRALnl pgmL dib d d h (d th 'thw 9
Z _717;='
eare d d re'a' ecwed 6.Dame frm1' evd 1 fnH3➢ fax u
Pn P
ltv COmmiaa ryfPxr$'
+. Ill Publ a for Oregaurl,,
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Warranty Deed
THIS INDENTURE WITNESSETH: That S. Oe Adams and Etenaie Alams, husheed and
the Grantor 3, foe end m eoncidemfion of the sum of Ten and naAO0 — _ _ .. _ _ _ _ DOLLARS
and outer , 1vable consideration
re them paid do hereby, betgnin, gall end conveF onto Ray 7, Braifozd and
zabeth J. Pradfox3,. Isband azul viss r the 1,ivor Of either or tlnn
He g --c, the following tombed prate.tc, to -w, -
Luta 1 amd 2 in the Adams Sat as Flatted and recorded in ROck lh rs
p¢ge 3, Lane Co;mty Oregon 3ecord of Torn Plats.
Subjact to the following ricticb,l
All bolsdings nn. t bo taintedrmith taro coats of stande,al yeast vs thixl
90 days after completion.
A standard seotic tatdt Fst be installed for us at the i, -sem i bccupancy.
All bildinge inlet be set back at Iheat 25 feetefrev the roadway.
No livestock v, y be nett on these lots except poultry 3 rabbits.
These lots may be used for c s F'uo oh,s, hevz or If gilt industry,
mamtfacter,, as Hall ar residential-
Incase
esidential-
,se buildin_ n
re contracted of alsmtm. +s_
dthe p g restriction
_vesnot hold, r
'f0 HAVE AND TO 1101.1 theavid pmx—, ni0. theirap,n,Io, cos. smote Bald Grantees, they,•
beia-d —,i,. forever. And the said G—tors de he,,b;aenny_a —d —0 Ne raidCn-s... _
their ho -and asaigw. Wat Hey are We owing -fee ample of —d c�oceeoa i and
i het thin are bine 0'om .11 inoamh-o—
end that t he y .ill wvtml end ddeaa the Fame tr,m all l-fi.l Balms .dmuoe�n
IK WITNESS WHEREOF. i+e hnvs herco nm s., oW hands aotl-1. .hl,
_.l at d" of ....a',l2:
— (SEALI t 3➢AL1
STATE OF OREGON, � e.
COUNTY OF yang
... -. Beit renmmberedth¢toptliig' let oars of hugest . 19 50 _..
_ p Wl beL L',a p4ffirp P bL 'n and for au d e—o !h
the i —ed
d" ryGIe Adocch, husband and .S'
4ton'.Rersmop �de;Ual-pmmnn desenh d d aho--t,d the within
_ trnmo R wS C they have esemtted tb ftsly and v I rly for
1 0
:.. w bsse §dd Year lost ab
V lti c ud ,1 1950.
yk ,., Notnry PSMic for Oregon
E- 15- 99 --06_. _
IMPROVEMENT AGREEMENT
INCLUDING NOTICE OF POTENTIAL ASSESSMENT LIEN -
(In Llau of Immediate Continuation of Public Improvement Includes Waiver of Right to Remonstrate)
IN CONSIDEMTION of the covena(Its herein recited Fm,, Ciry of Spdnggeld, hereinafter referred to as
Chy, end N.a�ru nl Yacu �lcw,m Iwo ,hereinafter
refertetl to as Applicant(sj, do Povenea, a d agree with } to the real property described below as
follows.
1. AppllCant(s)warrants and represents to Ne City of Springfield that it is the owner of the property
more particulady described and sat forth in Pamgmph 7 below and as owner, has fie authoriy to enter
into this Improvement Agreement with the City of Springfield.
2. Applicants) desires Development Approval from the City with respect to the following
Development Application l pAct —OS— 0I'A pi
S. The developmentwid cause both an immediate and long-term demand onthe various public
Follies of City and Lane County including the specific public improvements necessitated by the
development as set fair in paragraph 6.
4. This improvement Agreement is an cassava to Imposing a condition on Applicanfs
development approval that the Applicant make immediate consbuttion of any public Improvement that
the development necessitates. The objective is to promote a icleacy, coordination, and spread costs by
providing an apnormally for a dlahlct wide improvement mechanism where constructlon.wars in a
coordinated project with Na par icipaaon of adjacent and other properties In are area, Instead of
requiring immediate improvement in conjunction with each development application. There is no
guarantee. however, that such a coordinated project will be possible and the City reserves the right to
require construction of the improvements In the futureat Clry dlsvefion.
Improvements
is disantand Giaragrathatn accordance pay Necostof the ft assumption poten,iry
Improvshed b, described In Paragraph c in accordance to Bashes. and .coat assumption policy
Improvements. is Llty, at the time Jr. City tletarmines to untledake and cromplete such public
improvements.
(b) Applicant and city acknowledge and agree that Be cost of such Improvements and the
portion thereof to be paid by Applicant are presently unknown and may fee greater that the bases that
would be apportioned If the improvements were constructed Immediately or by Applicant now or later.
(c) Applicant acknowledges that Ne timing of fine construction of such improvements Is within
the sola and exclusive direction of the City. A
6. (a) STREET IMPROVEMENTS a long Ne ironing. of wAS-6eg-f {'rueeyervua�M¢ic
include: ()f surface paving; ( ) storm sewers; ( ) sanitary se (>4 curbs; 00 gutters;
( )plichercurps; ( )poen irees; ( )streetlights; (Gsidewalkss
(b) TRAFFIC SIGNALS at the interaction of t
(c) OTHER IMPROVEMENTS Sfi.lF-F �...�.•..•etM•s Ag h'ir At V{
Applicant acknowledges that the list of marked Improvements reflect those that w uld currently be
required under the appropriate City aodes and ordinances, Applicentacknowledgesthatliunderstands
that the improvements made will he Nose required to bring the street 0 full urban standards for the then
current functional classification of the sheetas those standams exist at Fee time the improvements are
made and may, therefore, differ from the list of improvements checked herein.
T. LEGAL DESCRIPTION'
oKe on, d'I+Uo i -HE ADA IIds pl,/I.7r ac itl<Ned wnel Vice d&bf
�ttti 3�ek /4� Pao r, 3 L.a�w- Cpu»' $y 7 Larne cvq'iy
Ove9UN.
AKA 72f7 3.74 S-1. 17-oz-3(-zl-O 5'ON, as w
Property Address Tax Lot Has
e. City agrees Nat Applicant's execution and performance of the tonna of Ne Agreement will be
deemed to be in compliance w tin City's policy coal to Improvement requlimance, suit Applicant
complies in every respect with all pmer applicable IawS of Na State of Oregon, Lane County, and Citg
Applicant shall be entified to Development Approval. subject N the terms andbp� gI,WAget
torch Herein. 1S,99ge]T.IRA
RETURN TO: -
CITY OF SPRINGFIELD- PUBLIC WORKS DEPT. -225 FIFTH STREET - SPRINGFIELD, ORlGON. 91477
LI- 15- 99
99094141
9. This ahmemenl lsarfomeable by Ne stele of Oresen, Lane County or City
2606
10. APPLICANT AGREES TO SIGN ANY AND ALL WAIVERS, PETITIONS, CONSENTS AND ALL OTHER
DOCUMENTS NECESSARY TO OBTAIN THE ABOVE LISTED IMPROVEMENTS UNDER ANY IMPROVEMENT
ACTOR PROCEEDING OF THE STATE Of OREGON, LANE COUNTY, OR CITY AND TO WAIVE ALL RIGHT TO
REMONSTRATE AGAINST SUCH IMPROVEMENTS. Applicant does not waive any triple to protest the amount or
manner of spreading Ne assessment terect, time acme shall appearb to Applicenito bear Inequitably or unfair
upon said property of Applicant. Applicant's acceptance of to nomremonspanw condlhon is In considereten for
the CMI waivmor Ne requirement for Ne Immediate construction of the MmIlc improvements Nat the tlevetopment
etesltales. TNs Impmvemenl a9reemenl waives Ne property ownma arm to flee a wrdtan remonor nim. It doss
not waive a property owners right 0 comment on the proposed distant of any related madders orally or in wdtng.
11. It Is ilea Intention of to paries harem tat to covenants herein contained shall mn with to land heroin
recalled. and shall cascara upon to bears, aeeubrs, assigns, adr inistople s, and succ odes of Ne partes
hereto, antl sM1ell be cpnsWeO b be a benaftand a duMen upon to pmpary herein tlescribetl. ThIs Agreement
shall rerecorded In to Lane County Dead Resume.
NOTICE TO APPLICANT/PROSPECTIVE PURCHASER
If you are the applicant or a pmspecl'we purchaser of His property, you are advised to discuss this
Agree entwither Attomeyofyourchoica. Exdaftmn and recordation ofthis Agreementwill place
requirements on the Ownerand any subsequent purchaser of the Real Pmperiy described in Section
7 and their helm, successors and assigns. These requirements Include but are not limited to the
'payment for be public Improvements described in Section 6. This may result In an assessment Ilan
on the Real Property described In Section 7 and significant costs to the Owner and Purchasers, and
their heirs, successors and assigns. An Applicant's signature on this Agreement Indicates that Ne
Applicant has thoroughly read this Agreement, understands it. has had the opportunity to consult
legal counsel Than to he ezecNign, and undershirts tet exewtion of the Agreement may result in
significant financial obligations Imposed upon Ne Omar of the Real Property. Any prospective
Purchaser of the property burdened by this Improvement Agreement should also fic roughly review
this Agreement, consult wW legal counsel prior to purchasing the property, and understand that this
Agreement may result in ve signifrwnl financial obligation Imposed upon any Owner of the Real
Property described in Section 7.
WHEREFORE, Me partes have eel their band this _J�_ day of C2,1 L—,— .199
4.060A'-10 jyet -43 Jv,d . [I
HPq
A,scanAP
STATEOFOREGON
COUNTY OF LANE 1
3�-.1101101'�'=
.OY :•F(1GN _.1''5A4BMAW21.'AVd
By
nglj
STATE OF OREGON t
Its
COUNTY OF LANE i
On Nis 14 day of Odra C•�
1919,ts ly a ppmors fore me
personala
DsN E Nn RiRru
Wnaua 'l ¢Ft.Y.fordhe
Cny of Sprinpfeltl antl signed Ne above tlamment
AA
=1EA.T..
My Commission Expires/YPPoc 7,
My CommisiionEN'g
pas
RETURNTO.
CITY OF SPRNGFIECD- PUBLIC WORKS DEPT. -R5 FIFTH fl R - SPRINGFIELD, OREGON. 97477
99094141
C. of Oregon
County of Lane— aa.
d. ne*.Hard lar �M1e sek
Cewty, tla Fereby
eeaH-d tM1eu1
�nnn,menf .a, Io,, —dr�
'B9N0015an 3:18
Reel 2C)
Lane Caunly OMCIAL Rem
Une Coway Cla.k//
CamHGerk
Pp
IMPROVEMENT AGREEMENT
INCLUDING NOTICE OF POTENTIAL ASSESSMENT LIEN
(In Lieu of Immediate Construction of Public Improvement, includes Waiver of Right to Remonstrate)
IN CONSIDERATION of the covepants herein recitatl, the City of Springfield, hereinafter referred to as
City, and i(�QTL?/AL M-r4lCL /NG %✓C , hereinafter
refered to as Applicant(s), do covenant and agree with respect to the real property described below as
follows:
I. Applicant(s) warrants and represents to the City of Springfield that it is the owner of the property
more particularly described and set form in Paragraph 7 below and, as owner, has the authority to enter
into this Improvement Agreement with the City of Springfield.
2. Applicant(s) desires Development Approgl,fZ9rom the City with respect to the following
Development Application /f9�—�S--Pi/
3. The development will cause both an immediate and long-term demand on the various public
facilities of City and Lane County including the specific public improvements necessitated by the
development as set forth in paragraph 6.
4. This Improvement Agreement is an alternative to imposing a condition on Applicant's
development approval that the Applicant make immediate construction of any public improvement that
the development necessitates. The objective is to promote efficiency, coordination, and spread casts by
providing an opportunity for a district wide improvement mechanism where construction occurs in a
coordinated project with the participation of adjacent and other properfies in the area, instead of
requiring immediate improvement in conjunction with each development application. There is no
guarantee, however, that such a coordinated project will be possible and the City reserves the right N
require construction of the improvements in the future at City discretion.
5. (a) Applicant and City agree mat Applicant will pay the cost of the following public facility
improvements described in Paragraph 61n accordance with respective cost assumption policy
established by City at the time the City determines to undertake and complete such public
improvements.
(b) Applicant and city acknowledge and agree that me cost of such improvements and the
portion thereof to be paid by Applicant are presently unknown and may be greater that the costs that
would be apportioned if the Improvements were constructed immediately or by Applicant now or later.
(c) Applicant acknowledges that the timing of the construction of such improvements is within
the sole and exclusive direction of the City. qq /
6. (a) STREET IMPROVEMENTS a long the frontage of 55 w, 5r f (psn me/oe/Mlto
incMl a: (✓fsurfacepa ing; ( NStorm sewers; ( )sem sewers; ( curbs; ( utters;
(vj planter strips; (1/street trees; (treef lights; ( sidewalks.
(b) TRAFFIC SIGNALS at me intersection of
(c) OTHER IMPROVEMENTS 3,�iK i UogMaRa/AG 0`s e
Applicant acknowledges that the list of marked improvements reflect those that would currently be
required under the appropriate City codes and ordinances. Applicant acknowledges that it understands
that the improvements made will be those required to bring the street to full urban standards for the then
current functional classification of the street as those standards exist at the time the improvements are
made and may, therefore, differ from the list of improvements checked herein. �j
7. LEGAL DESCRIPTION: /,a TS / s Z cr THE ANA i PL Ar As P(4{/ay
ArJb 2ecerue'D ,p/ a K /fit OAyE 3; LAivE CarA.rgy I'02
(SEE-AY�ACHEBEfH-0BFT=Aq SN L/iN/t (rawnr�,pnfaJ
AKA 126 35-d T4I,b 25?�, 16th
Property Address Tax Lot No.
8. City agrees that Applicant's execution and performance of me terms of the Agreement will be
deemed to be in compliance with City's policy pertaining to improvement requirements, and If Applicant
complies in every respect with all other applicable laws of the State of Oregon, Lane County, and City,
Applicant shall be entitled to Development Approval, subject to the terms and conditions of approval set
forth therein.
RETURN TO:
CITY OF SPRINGFIELD -PLIBLIC WORKS DEPT. - 225 FIFTH STREET- SPRINGFIELD, OREGON. 97477
This agreement is enforceable by the State of Oregon, Lane County or City.
10. APPLICANT AGREES TO SIGN ANY AND ALL WAIVERS, PETITIONS, CONSENTS AND ALL OTHER
DOCUMENTS NECESSARY TO OBTAIN TRIP ABOVE LISTED IMPROVEMENTS UNDER ANY IMPROVEMENT
ACT OR PROCEEDING OF THE STATE OF OREGON, LANE COUNTY, OR CITY AND TO WAIVE ALL RIGHT TO
REMONSTRATE AGAINST SUCH IMPROVEMENTS. Applicant does not waive any right to protest the amount or
manner of spreading the assessment thereof. If the same shall appear t0 the Applicant to bear inequitably or unfair
upon said property of Applicant. Applicant's acoeptance of the non-remonstrenra condition Is in consitlemtion for
Me City's waiver of the requirement for the immediate Construction of the public Improvements that Ne development
necesspates. This Improvement agreement waives me property owners right to file a wriden remonstration. It tloes
not waive a property owners right to comment on the proposed dissict or any rain matters orally or in wilting.
11. It is the Intention of the paries hereto That the covenants herein contained shall ran wlth me land herein
hereto a and shall co dere g upon the heirs, ad a burdeassigns, a property
hop and successors a Am..dies
shall b, antl shell be Me Lane
to be a benefit and s burden upon the property herein described. This Agreement
shall be recorded in Ne Lane County Deed Records,
NOTICE TO APPLICANT/PROSPECTIVE PURCHASER
If you are the applicant or a prospective purchaser of this property, you are Iadvised to discuss this
Agreement with an Attorney of your choice. Execution and resecomfion of this Agreement will place
requirements on the Owner and any subsequent purchaser Of the Real Property described in Section
7 and their heirs, successors and assigns. These requirements include but are not limited to the
payment for the public improvements described in Section 6. This may result in an assessment lien
on the Real Property described in Section 7 and significant costs to the Owner and Purchasers, and
their heirs, successors and assigns. An Applicant's signature on this Agreement indicate. that the
Applicant has thoroughly read this Agreement, understands it, has had the opportunity to consult
legal counsel prior to its execution, and understands that execution Of the Agreement may armadillo
significant financial obligations imposed upon the Owner of the Real Property. Any prospective
Purchaser of the property burdened by this Improvement Agreement should also thoroughly review
this Agreement, consult with legal counsel prior to purchasing the property, and understand that this
Agreement may result in a significant financial obligation imposed upon any Owner of the Real
Property described in Section 7.
WHE ORE, the partes have sat their hand lice /?day of ,1999.
of11
Applicant Apperumaat5
luC ,
STATE OF OREGON I
COUNTY OF LANE
On Nis Sire tlayof OE<EA+peR
1911,beforemeappmend Eicu.rsi
A. Re l.4,51 PIFst -..,+antl
who being swum did say that they are
fie Presitlent antl Secretary, respectively of the corporation;
and that the Seal caused hereto is its seal, and that TMs
dead was voluntarily signed and sealed in behalf of Me corpsphib out' enty of Its Redid of Directors. Beram me.
Notary Public for Oregon
My Commleage Expiro.Aflr V��
1
BY. evA_6 Y.i � Cr i.t
City of Spnngf7d
=NNI
STATE OF OREGON )
ts5.
COUNTY OF LANE I
On this iSrx tlayof DxccuaF<
,1999, there personally appeared before me
12-rC R¢a...a ,mer.for
Ne
Oiry, of Springfield and signed Me above tlocume L
OFFICIAL SEAL
NOtery Public far Oregon
DENNIS P ERNST
My Commission Expires A02v 70. oor�
NOTARY PUBLIC OBfGCN
Ile
COMMISSION NO. 052e16
MYN16WMtM SAPM2D,1000
RETURN TO:
CITY OF SPRINGFIELD - PUBLIC WORKS DEPT. - 225 FIFTH STREET -SPRTNGFTELD, OREGON. 97477
DECLARATION OF PRNATE EASEMENT
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby called grantor, are hereby
declaring that the following described property is a permanent utility easement:
Being the western most property line of Lot 2 And the eastern lot line of Lot I _
A 10.00 feet joint use underground utility easement to be measured perpendicular and to the east of the
western most property line of lot 2. Easement to extend 210.00 feet. Easement to be measured starting at
the Southern most property line intersection of Lots i and 2 and Extending 210 feet North parallel to the
common property line. This easement to serve both Lot 1 and Lot 2.
THIS EASEMENT shall be used for the maintenance or replacement of utility facilities serving the
following property:
Situated in the City of Springfield, Lane County, State of Oregon, in the northwest I/4 of section 31,
Township 17 South, Range 2 west of the Willamette meridian and described as follows:
Being a portion of Lot 1 and 2 as said lots are shown on " THE ADAMS PLAT' as platted and filed April
20, 1948 in Book 14 at page 3 in Lane County Oregon plat records.
_/G
GRANTOR
STATE OF OREGON
SS.
COUNTY OF LANE
Division of Chief Deputy Clerk 8�0�®64J6@@1d61d66
Lane County Deeds and Records 4 0
IIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIil11111 $26.00
0010662120000048266001 08/08/2000 10:49:34 AM
RPR ESMT - 1 - 8 CASHIER 01
$3.00 $10.00 $11.00
IN WITNESS WHEREOF, that on this �k) day QTc) Iz 200o Personally appeared before me, the
above named Rwcic4unytl�ld Y2lnd�P_freL/Nf w'ho acknowledged the forgone
instruments to be a voluntary act.
OFFICIAL SEAL
Notary Public of Oregon DAI, eaRNARO
NOTARY PUBt1C DREGON
COMMISSION N0. 32404]
AMY COMMISSION EXPIRES JULY 01, 2003
My commission expires
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DECLARATION OF PRIVATE EASEMENT
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby called grantor, are
hereby declaring the following described access easement:
Being the 24 foot road access shown in partition plat number 2000-PI408 , as platted and filed
October 23, 2000, Lane County Surveyors file number 36801, Lane County recording number
2000-060948, Lane County Records.
A 24 foot joint use road access easement as shown on the partition as access through parcel I and
parcel 2 to the adjoining lot I. It is the intent of the easement that if road access is needed to Lot 1,
that the owner of lot 1 could develop the road access. The property owners would share
proportionately in the maintenance of the easement.
Situated in the City of Springfield, Lane County, State ofOregon, in the northwest 1/4 or section
31, Township 17 South, Range 2 west of the Willamette meridian and described as follows:
Being a portion of Lot i and 2 as said lots are shown on " THE ADAMS PLAT' as platted and filed
April 20, 1948 in Book 14 at page 3 in Lane County Oregon plat records.
STATE OF OREGON )
) SS.
COUNTY OF LANE )
IN WITNESS WHEREOF, that on this A q day 2000, personally appeared before me, the
above named President, Materi a clang Inc. who acknowledged the forgone instruments to be a
voluntary act Lr)iav-�' . ,,.y V D
Division of Chief Deputy Clerk 2606®961413
Lane County Deeds and Records
Notary Public of Oregon
My commission expires: Q
1T11=OFFICIALSEAL
DANA BERNARD
NOTARY PUBLIC-0eEGON
COMMISSION NO. 32494]
-'_
SION EXPIRES JULY 01, 2003
I�IIII�IIIIIIIIIIIII III III IIIIIIIIIIIIIIIII $26.00
0012604020000061473001 10/25/2000 02:27,26 PM
RPR ESMT - 1 m 3 CASHIER 07
$5.00 $10.00 $11.00
After recording return to:
Richard A. Briggs, 80 W. 23rd Ave, Eugene, OR 97405
AFTER RECORDING RETURN TO:
CASCADE TITLE COMPANY
111 WIL(AMETIE ST. EUGINE, 0111111
09olSSl Lane County Clerk 2011.041936
Oli (;U/7- /°/l0 /✓R Lane County Deeds and Records
RECORDATION
1005 TEBY.
Columbia State Bank
nn I I II I II I I I II IIII I I I III IIII I I I I I IIII III
$92.00
eAes Rd, She 101
IIIIIIIIII
Eugene, OR 97408 08/24/2011 01:14,29 PM
RPR—DTR Cnt=1 Stn=9 CASHIER 11
WHEN RECORDED MAIL TO: $50.00 $10.00 $11.00 $21.00
Columbia State Bank
25977 SW CANYON CREEK RD, SUITE J
Wilsonville, OR 97070
N
DEED OF TRUST
THIS DEED OF TRUST is dated August 18, 2017, among Black Label, LLC, an Oregon Limited Liability
Company ("Grantor"); Columbia State Bank, whose address is CBC Lane County, 1005 Green Acres Rd, Ste
101, Eugene, OR 97408 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and
Cascade Title Co., whose address is 811 Willamette Street, Eugene, OR 97401 (referred to below as
"Trustee")
CONVEYANCE AND GRANT. For valuable consideration, represented In the Note dated August 13, 2017, In Me origins principal amount
of $924,000.OD, from Grantor to Lender, Grantor conveys to Trustee for the benefit of Lender as Beneficiary all of Countries right, title,
and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings,
improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch lights (Including clock In
utilities with ditch or irrigation name); and all other rights, royal lea, and profits relating to the real property, in hiding without limitation all
minerals, oil, gas, geothermal am similar matters, (the "Real Property") located In Lane County, State of Oregon:
Parcel 1, Land Partition Plat No. 2000-P1408, Lane County Deeds and Records, in Lane County, Oregon.
The Real Property or its address is commonly known as 720 35th Street, Springfield, OR 97478. The Real
Property tax identification number is 1654639.
Grantor Presently assigns M Lender (also known as Beneficlary in this Dead or Trust) all or Grantors right, tine, and Interest In and to all
Present and future leases of the Property and all Rents from the Property. In addition, Grantor grants to Larder a Uniform Commercial
Code security Interest in the Personal Property and Renta.
THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
FOLLOWING TERMS:
PAYMENT AND PERFORMANCE. Except as otherwise provided In Mie Deed of Trust, Grantor shall Pay to Lender all amounts seared by
this Deed of Trust as they become due, and shall atrocity and in a timely manner perform all of Grantor's Obligations under the Note, this
Deed of Trust, and the Related Documents.
POSSESSION AND MAINTENANCE OF THE PROPERTY. GmnNr agrees that Grammes possession and use of the Property shall be
governed by the following provisions:
Possession and Use. Until the occurrence of an Event of Default Grantor may (1) remain In possession and o mml of the Property:
(2) use, o mmte or manage the Property; and (3) collect Me Rents from the Property. The following provisions relate to the use of
the Property or to other limitations on the Property. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON
TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300, 195.301 AND
195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855,
OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010. 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 PARCEL, 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 OWNERS, IF ANY, UNDER ORS 195.300, 195.301
AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER
855, OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010.
Duty to Maintain. Grantor shall maintain the Property In tenantable condition and promptly perform all repairs, replacements, and
maintenance necessary to preserve Its value.
Compliance With Environmental Lam. Grantor represents and warrants to Lender that: (1) During the period of Grantors ownership
of the Property, there has bean on use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
Hazardous Substance by any parson on, under, about or from the Property; (2) Grantor has nor knowledge of, or reason W believe
that there has been, except as previously disclosed to and acknowledged by Lender In writing, (a) any bread/ or violation of arty
DEED OF TRUST
Loan No: 1718108 (Continued) Page 2
Envim oreMal Laws, (b) any use, generator, manufacture, storage, treatment, disposal. release or threatened release of any
Hazardous Substance on, under, about or from the Property, by any prior owners or occupants of the Property, or (c) any actual or
threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as pre4squaly disdoeed to and
acknowledged by Lender In wiling, (a) neither Grantor tar any tecent, contractor, agent or other authorized user of Ne Property,
shell use, generate, manufacture, sore, treat, dispose of or release any Hazardous Subsoce ron, under, about or from the Property;
and (b) any such activity shall be conducted in compliance with all applicable federal, state, and local laws, regulators ared
ordinances, Including without limitation all Environmental Laws. Grantor autholzes Larder and Its agenls to enter upon the Properly
to make such Inspections and tests, at Grantor's expense, as Lader may deem appropriate to determine compliance of Me Property
with this section of Me Dead of Twat. Any Inspections or teats made by Lender shelf be for Lenders purposes only and shell not be
consul to create any responsoliNy or liability on the part of Lender to Gmnla or to any other person. The representations and
warranties contained herein are based on Grantors due diligence in Investigating Me Property Per Hazardous Substances. Grantor
hereby (1) releases and waives any future claims against Lender for Indemnify or contribution In the event Grantor becomes liable for
cleanup or other costa under any such laws; and (2) agrees to indemnify, defend, and hold harmless Lender against any and all
claims, losses, liabilities, damages, penalties, and expenses which Lender may directly or Indirectly sustain or suffer mailfrom a
breactr of Mis section of the Dead of Trust or as a consequence of any use, generation, manufacture, storage, disposal, release or
threatened release occurring prior to Grantors ownership or Interest in the Property, whether or not the same was or should have
been known to Grantor. The provisions of this section of the Deed of Trust, Including Me obligation to indemnify and defend, shall
survive the payment of Me Indebtedness and Me satisfaction and reconveyance of the Ilan of this Deed of Trust and shall not be
affected by Lenders acquisition of any Interest in Me Property, whether by foreclosure or otherMse.
Nuisance, Waste. Grantor shell not cause, conduct or permit any nuisance tar commit, permit, or suffer any slipping of or waste on
or to the Property or any potion of the Property. Without Ilmmng the generality of the foregoing, Grantor will not remove, or grant to
any Omer party Me right to rertave, any timber, minerals (Including oil and gas), real, clay, scone, sial, gravel or rock products
without Lenders prior written consent.
Removal of Improvements. Grantor shelf not demolish or remove any Improvements from the Real Property without Landers prior
writer consent. As a condition to the n moval of any Improvements, Lender may require Grantor to make arangements satisfactory
to Lander to replace such Improvements with Improvements of at least equal value.
Lender's Right to Enter. Lander and Lenders agents and representatives may enter upon Me Real Properly at all reasonable limes to
attend to Lenders Interests and! to Inspect the Real Property for purposes of Grantors compliance with the tarns and conditims of
this Dead of Trust.
Compliance with Governmental Requirements. Granter shelf promptly comply with all laws, ordinances, and regulations, now or
hereafter In effect, of all governmental authodtea applicable to the use or occupancy of Me Property, Including without limitation, Me
Americana With Dlsabillues Act. Grantor may contest in good faith any such law, ordnance. or regulation and withhold compliance
during any procoedirg, Including appropriate appeals, so long as Greater on coiled Lender in writing prior o doing so and so long
as, in Lenders sole opinion, Lenders Infamous in the Property are cal Jeopardized. Lender may require Grantor to poet adequate
security or a surety bond, removably satisfactory to Lander, to protect Lenders Interest.
Duty to Protect Grantor agrees neither to abandon or leave unattended Me Property. Grantor shell do all other acts, In addition o
those acts set forth above in this section, which from the character and use of Me Property am reasonably necessary to protect and
Preserve the Property.
DUE ON SALE • CONSENT BY LENDER. Lander may, at Landers option, declare Immediately due and payable all some seared by this
Deed of Trust upon Me safe or transfer, without lenders prior written consent. of all or any Part of the Real Property, or any Interest In me
Real Porosity. A -sale or transler' means Me conveyaroe of Real Property or any right, title or Interest In the Real Property; whether legal,
beneficial or equitable: whether voluntary or involursery: whether by outright sale, deed, Installment sale contract, land contract, contract
for dead. leasehold Interest with a from greater than three (3) years, leaseoptian centrael, or by sale, assignment, or transfer of any
bermficial interest in or to arty land trust holding We to the Real Properly, or by any other method of conveyance of an interest In the Real
Property. If any Grantor is a corporation, Partnership or limited liability company, transfer also Includes any change In Ownership of more
Man (wordy -five percent (25%) of Me vWng stock, partnership Interests or limited liability company interests, as Me case may be, of such
Grantor. However, this option shall not be exercised by Lender if such extreme is prohibited by federal law or by Oregon law.
TAXES AND LIENS. The following provisions mlabng o the taxes and Peru on the Property am on of this Dead of Treat:
Payment. Grantor shall pay when due (and In all event prior to delinquency) all taxes, spedal taxes, acsion m nes, charges (Includleg
water and sewer), fines and Impre
Impositions levied against or on account of the Property, and shall pay when due all claims for work da
on or for services rendered or material furnished to the Propend. Grantor shall maintain the Property has of all Ilene having priority
over or equal to the interest W Lander under this Deed of Trust, except for Me lien of faxes and assessmel not due and except as
otherwise provided In this Deed of Trust.
Right to Contest Grantor may withhold Payment of any tax, assessment, or claim In connection with a good faith dispute over the
obligation to pay, so ON as Lenders Interest In the Property Is not jeoperdked. If a lien arses or is filed as a result of nonpayment,
Grantor shall while fifteen (15) days after the Ban arises or, if a lien Is filed, within fifteen (15) days after Grantor has notice of the
filing, secure Me discharge of the Ilan, or If requested by Lander, deposit with Lender cash or a sufficient corporate surety bond or
other security satisfactory to Lander In an amount sufficient to discharge Me lien due any costs and atlomeys' fees, or other charges
Mat could swum as a result of a foreclosure or sale under the lien. In any contest, Grantor shall defend itself and Lender and shall
satisfy any adverse judgment before enforcement against the Property. Grantor shall name Leader as an additional obligee under any
surely bond furnished in the contest proceedings.
Evidence of Payment. Grantor shall upon demand furnish to Lender satisfactory evidence of payment of the axes or assessments and
shall authorize the appropriate governmental official to deliver to Lender at any time a written statement of the taxes and assessment;
against the Property.
Nonce of Construction. Grantor shall notify Lander at least fifteen (15) days before any work Is commenced, any services am
DEED OF TRUST
Loan No: 1718108 (Continued) Page 3
f inflal , or any materials are supplied to the Property. If any mechal lien, matedalrnan's lien, or other lien otoId he asSarte l an
account of Me work, services, or materials. Grantor will upon request of Lender Amish to Lender advance assurances satisfactory to
Lender that Grantor can and will pay Me cost of such Improvements.
PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Properly are a part of this Deed of Trust
Maintenance M insurance. Grantor shall procura and maintain policies of fire insurence with standard extended coverage
smomerrants on a replacement basis for the full inswable value conn nng all Improvements on Me and Property in an amount
sufficient a avold application of any coinsurance clause, and with a standard mongagee clause In favor of Lender. Grantor shell also
procure adv mall comprehensive general liability insurance in such coverage amounts as Lander may request with Trustee and
Lender being named as additional insureds in such liability Insurance policies. Additionally, Soul shall maintain such other
insurance, Including bud not limited a hazard, business Interruption, and boder insurance, n Lender may reasonably require. Policies
shall be written In form, amounts, coverages and basis reasonably acceptable to Lender and Issued by a company or companies
reasonably acceptable to lander. Grantor, upon request of Lender, will deliver to Lender from time to time Me policies or certlfirates
of Insurance in form satisfactory to Lender, Including stipulations Mat coverages will not be cancelled a diminished without at least
ten (10) days prior wriften notice a Lender. Each Insurance policy also shall include an endorsement providing that coverage In favor
of Lender will not be Impaired in any way by any act, omission or default of Grantor Or any other person. Should the Real Property be
located In an area designated by the Administrator of the Federal Emergency Management Agency as a special flood hazard area,
Grantor agrees to obtain and maintain Federal Flood Insurance, if available, for Me full unpaid principal balance of the ben and any
prior diens on the propend securing the loan, up to the maximum policy limits set under the National Flood Insurance Program, or as
otherwise required by Lentler, adv a maintain such Insurance for the tens of the loan.
Application a Proceeds. Grantor shall promptly notity Lander of any lass or damage to Me Property. Lamer may make proof of loss
If Grantor fails to do so within fifteen (15) days of Me casualty. Whether or not Lenders security, is impaired, Lender may, at Lender's
election, receive and retain the proceeds of any Insurance and apply the proceeds to the reduction of he Indebtedness, Payment of
any lien effecting Me Property. or the restoration and repair of the Property. If Lender elects to apply the proceeds to restoration and
repalq Grantor shall repair or replace the damaged or destroyed Improvements in a manner satisfactory to Lender. Lender shall, upon
satisfactory proof of such expenditure, Pay or mimburse Grantor from Me proceeds for Me reasonable cost of repair or mstoredon if
Grantor Is not in default under this Dead of Trust. Any proceeds which have mol been disbursed within 180 clays after their receipt
and which Lender has not committed a the repair or restoration of the Properly shall od used first to Pay any amount owing to Lender
under this Deed of Trust, Men to pay accrued Interest, and the remainder, if any, shall be applied to the principal balance of the
Indebtedness. If Lender holds any proceeds after payment In full of the Indebtedness, such proceeds shall be paid to Grantor as
Grantors Interests may appear.
Grantors Report on Insurance. Upon request of Lender, however not more Man once a year, Grantor shall furnish to Lender a report
on each existing policy of insurance showing: (1) Me name of Me insurer; (2) Me risks insured; (3) the amount of the policy; (4)
the property Insured, the Men current replacement value of such property, and the manner of determining Mat value; am (5) Me
expiration date M Me pocky. Grantor shall, upon request of Lender, have an Independent appraiser satisfactory a Lender determine
the cash value replacement cost of me Property.
LENDER'S EXPENDITURES. If any action or proceeding is commenced Mat wound materially affect Lenders Interest In Me Property, or if
Grantor falls to comply with any Provision of this Deed of Trust or any Related Documents, Including but not limited to Grantors failure to
discharge or pay when due any amounts Grantor is required to discharge or pay under this Deed of Trost Or any Related Documents,
Lender on Grantors behalf may (but shall not be obligated to) take any action that Lamer deems appropriate, including but rot limited to
discharging or paying all taxes, liens, security Interests, encumbrances and other claims, at any time levied or placed on the Property am
paying all costs for Insuring, maintaining and pmserving the Property. All such expenditures incurred or paid by Lender for such purposes
will then bear Interest at Me rate charged under Me Note from Me date Inured or paid by Lender to Me date a repayment by Grantor. NI
such expenses will become a pan of the Indebtedness and, at Lender's option, will (A) be payable on demand; (B) be added to the
balance of the Note and be appoNone l among and be Payable with any installment payments a become due during either (1) the farm of
any applicable Insurance policy; er (2) Me remaining form of Me NOW: or (C) be treated as a balloon payment which will be this am
payable at tie Note's maturity. The Deed of Trust also will severe payment of Mese amounts. Such right shall be In addition to ar other
rights and remedles to which Lender may be entitled upon Default.
WARRANTY; DEFENSE OF TITLE. The following provlSan$ relating to Ownership of Me Property are a pan of ihls Dan Of TmSt,
This. Grantor warrants Mat: (a) Grantor holds good and marketable fire of record to Me Property, in We simple, free and dear of all
liens and encumbrances other Man Mose set forth in the Real Property description or In any title Insurance poky, rue report, a final
011e opinion Issued in favor of, am accepted by, Lander In connection with this Deed of Trust, and (b) Gmnar has the full light
Power, am authority M execute am deliver Me Deed of Trust to Lender.
Defense of Title. Subject to the exception In the paragraph above, Grantor warrants and will forever defend the rue to Me Property
against Me lawful claims of all parsons. In the event any action or proceeding is commenced Met question$ Grantors title or Me
Interest of Trustee or Lender under this Deed of Trust, Giants, shall defend Me action at Grentors expense. Grantor may od the
nominal Party in such proceeding, but Lender shall be entitled a participate In the proceeding and to be represented In Me proceeding
by counsel of Lenders own choice, and Grantor will deliver, or cause a be delivered, to Lender such Instruments as Lender may
request from time to time to permit such participation.
Compliance With Laws. Grantor warrants that the Property and Grenafs use of Me Property compiles with all existing applicable
laws, ordinances, and regulations of governmental authorities.
Survival of Representations and Warranties. All representations, warranties, and agreements made by Grantor In Mis Deed of Trust
shall survive the execution and delivery of this Deed of Trust, shall be continuing in nature, am shall remain In full force am effect
until such time as Grantors Indebtedness shall be paid In full.
CONDEMNATION. The following provisions relating to condemnebon proceedings are a part of this Deed of Trust:
Proceedings. If any proceeding in condemnation is filed, Gram or shall promptly notify Lender In writing, and Gondar shall promptly
DEED OF TRUST
Loan No: 1718108 (Continued) Page d
take such steps as may be necessary, to defend the action and obtain Me award. Greater may be Me mminal party In such
proceeding, but Lender shell be entitled W participate in the proceedim and to Ire represented In me proceeding by counsel of Its own
choice, and Grantor will deliver or cause to be delivered to Lender such instruments and documentation as may be requested by
Lender from time W time to permit such participation.
Application of Net Proceeds. If all or any pert of the Property Is condemaed by mo sent domsin proceedings or by any proceeding or
purchase in lieu of condemnation, Lender may at la election require Met all or any portion of the net proceeds of Me award be applied
W Me Indebtedness or the repair or restoration of the Property. The net proceeds of the award shall mean me award after payment of
all reasonable was, expenses, and attorneys' hers incurred by Trustee or Lender In connection with the condemnation.
IMPOSITION OF TMES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. The following previsions relating W governmental
Was, fees and charges ere a Pad of this Deed of Trust
Current Taxes, Fees and Chargee. Upon request by Lender, Grantor shall execute such documents In addition to this Deed of Trust
and take whatever other action is requested by Lender to perfect and continue Lenders lien on Me Real Property. Grantor shall
reimburse Lender for all taxes, as described below, together with all expenses incurred in recording, perfecting or Ondru ing this Deed
Of Trust, Including without limitation all taxes, fear, documentary stamps, antl other charges for recording or registering this Deed of
Twat.
Taxes. The following shall consBtuts texas W which this section applies: (1) a specific tax upon this type of Deed of Treat or upon
all or any part of the Indebtedmss secured by Mis Deed of Trust: (2) a specific tax on Grantor which Grantor is authorized or
required W deduct from payments on Me Indebtedness secured by this type of Deed of Trust; (3) a tax on this type of Deed of Trust
chargeable against the Lender or the folder of Me Note; and (A) a specific tax on all or arty portion of the Indebtedness or on
payments of principal and Interest made by Goal
Subsequent Taxes. If any tax W which MIs section applies Is enacted subsequent to Me data of this Deed of Trost this event shall
have the same effect as an Event of Default, and Lender may exercise any or all of Its available remedies for an Event of Default as
provided below unless GramW either (1) pays Me ax before It becomes delinquent, or (2) contests Me tax as provided above in Me
Texas and Liens section and deposits with Leader rash or a sufficient MWMW surety, bath or other security satlefecWry, to Leader.
SECURITY AGREEMENT; FINANCING STATEMENTS. The following provisions relating to this Deed of Twat as a security, agreement are a
part of this Deed of Trust:
Security Agreement This Instrument shall constitute a Security Agreement to me extant any of the property constitutes fixtures, aha
Lender shall have all of Me rights of a secured party under the Uniform Commercial Code as amended from time to time.
Security Interest Upon request by Lender, GmnWr shall take whatever action is requested by Lender to perfect and continue Lenders
security Interest In the Reals and Peraorml Property. In addition W recording MIs Case of Trust in the real property records, Lender
may, at any fine and without further auhonzation from Grantor, file executed counterparts, copies or reproductions of this Deed of
Trust as a financing statement. Grantor shall reimburse Lender for all expenses Incuved in perfecting or continuing this security
Interest. Upon default, Granton shall not remove, sever on detach the Personal Property from the Property. Upon deault Donald shall
assemble any Personal Property not affixed to he Property in a m a er aha at a place reasonably convenient to Grander and Lander
and make it available W Lender within three (3) days after recelpt of written demand from Lender to Me extent permitted by applicable
law.
Addresses. The mailing addresses of Grantor (debtor) and Lender (secured party) from which Informal concerning the security
Interest granted by Mia Deed of Trust may be obtained munch as required by Me Uniform Continental Code) are as stated on the gist
Page of this Deed of Treat.
FURTHER ASSURANCES; ATTORNEY-IN-FACT. The following provisions relabrg W further assurances and attorney-in-fact are a part of
this Geed of Trust:
Fuller Assurances. At any time, and from time W fine, upon request of Lender, Grantor *11 make, execute and deliver, or will muse
W be made, executed or delivered, to Lender or W Lenders designee, and when requested by Lender. cause W be filed, recorded,
refiled or rerecorded, as the wse may be, at such groes and In aurin offices, and places es Lender may deem appropriate, any and all
such mortgages, deeds of trust, security deeds. security agreements, final Statements, confinuation saaments. Instruments of
fuller assurance, certificahes, and other documents as may, In the sole opinion of Lander, be necessary or desirable In order W
effectuate, complete, Perfect, continue, or preserve (1) Grantees obligations under the Nota, MIS Deed of Trust, and the Reeled
Documents, end (2) the liens and security Interests coaettd by this Deed of Trust as first and Prior (lens on the Property, whether
now owned or hereafter acquired by Grantor. Unless prohibited by law or Lender agrms to Me contrary In writing, Grantor shall
reimburee Lender for all Owes and expenses Incurred In Onnetion with the matters referred to In this paragraph.
Aftomey41 If Grantor fells to do any of the things retuned to In the preceding paragraph, Lender may do so for and In Me name
of Grantor and at Grantors expense. For such purposes, Greater hereby Irrevocably apptna Lender as Grammes attorney-Infect for
Me purpose of making, executing, delivering, filing, recording, and doing all other things, as may be necessary or desirable, in Lenders
sola opinion, to accomplish Me matters retail to In Me preceding paragraph.
FULL PERFORMANCE. If Grantor pays all the Indebtedness when due, and otimmise performs all the obligations imposed upon Grantor
under MIs Dead of Trust. Leader shall execute and deliver to Twat" a request for full reconveyance and shall execute and deliver W
Grantor suaable statements of arminatlon of any Financing satement on file evidencing Lenders security Interest in Me Renta and Me
Personal Pnrpedy. My reccomytince fee Mou ted by law shall be paid by Gramor, if permitted by applicable law.
EVENTS OF DEFAULT. Each of the following. at Lormes option, shall constitute an Event of Default under this Deed of Trust:
Payment Default. Grantor fails to make any payment when due under the ladebledmsn.
Other Defaults. Grantor falls W comply with or W perform any other term, obligation, covenant or cal contained in this Deed of
Trust or In any of Me Related Documents or to comply with or to pedarm any term, obilgatlon, covenant or condition contained in any
other agreement between Lender and Grants.
DEED OF TRUST
Loan No: 1718108 (Continued) Page 5
Compl%nce Default. Failure to comply with any other term, obligation, covenant or condition contained In this Dead of Trust, the Note
or In any of the Related Documents.
Default on Other Payments. Failure of Grantor within the time required by this Deed of Trust In make any payment for taxes or
msumnce, or any other payment necessary, to Prevent filing of or to effect discharge of any lion.
Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained
In any environmental agreement executed In connection with the Property.
False Statements. Any warranty, representation or statement meds or furnished M Lender by Grantor or on Grantors behalf under
this Deed of Treat or the Related Documents is false or misleading In any material respect, either now or at Me time made or furnished
or becomes fated, or misleading at any time thereafter.
Defective Cdlatxaltadon. This Dead of Trust a any of Me Related Documents ceases to be In full force and effect (Including failure
of any collateral document m create a valid and perfected security Interest or lien) at any time and for any reason.
Death Or Insolvency. The dissolution of Grantors (regardless of whether election to continue is made), any mamba withdraws from
Me limited liability company, or any other torremation of Grantors existence as a going business or the death of any member, Me
Insolvency of Grantor, the appointment of a receiver for any part of Grantors property, any assignment for the benefit of creditors,
any type of creditor workout, or Me commencement of any proceeding under any bankruptcy or insolvency laws by or against
Grantor.
Craddor or Forfeiture Proceedings. Commencement of foredesue or fodellum proceedings, whether by Judicial proceeding, self-help,
repossession or any other method by any creditor of Grantor or by any governmental agency against any property secudrg Me
Indebtedness. This includes a garnishment of any of Grantors accounts. Including deposit accounts, with Lander. However. this
Event of Default shall not apply if there Is a good falth dispute by Grantor as to Me validity or reasonableness of the claim which Is the
basis of Me creditor or forfeiture proceeding and If Greece gives Lender wrinen holes of the creditor or forfeiture procoading and
deposits War Lender monies or a surety bond for Me aaddor or forfeiture proceeding, in an amount determined by Lander, In Its are
discretion, as being an adequate reserve or bond for the dispute.
Breach W Other Agreement. Any breach by Grardw under Me terms of any other agreement between Grantor and Lender that Is net
remedied within any grata period provided therein, Including without Ilmmfirm any agreement concerning any indebtedness or other
obligation of Grantor to Lender, whether existing now or later.
Even% Affecting Guarantor. Any of the preceding events occurs wilt respect to any Guarantor of any of the indebtedness or any
Guarantor tiles or becomes incompetent or revokes Or disputes Me validity of, or liability under, any Guaranty of the Indebtedness.
Adverse Change. A material adverse change occurs in Grantors finandal condition, or Lender beleves the prospect of payment or
Performance of the Indebtedness Is Impaired.
Insecurity. Lender in good faith believes Itself Insecure.
RIGHTS AND REMEDIES ON DEFAULT. If an Ecom of Default occurs under MIs Deed of Trust, at any time thereafter, Trustee or Lender
may exercise any one or more of Me following rights and remedies:
Election of Remed%a. Election by Lender M pursue any remedy shall not exclude pursuit of any other remedy, and an election to make
expenditures or to Wks action to perform an obligation d Granter under this Dead of Trust, after Grantors failure W perform, shall not
affect Lenders right to dedare a de%ult and erred.. its remedies.
Accelerate Indebtedness. Lender shall have the right at its option without notice to Gondar ar to declare the entire Indebtedness
immediately due and payable, Including any prepayment penalty which Grantor would be requlmd to pay.
Foraelosum. With respect to all or any part of the Real Property, the Trustee shall have Me right to foreclose by notice and sale, and
Lender shall have the right to foreclose by Judicial foredasum, In either case In accordance with and to the full extent provided by
applicable law. If this Dead of Trust is foreclosed by judicial foreclosure, Lander will be nodded to a Judgment which will provide that
if Me foreclosure sale proceeds ere maul cuent to satisfy the Judgment, execution may issue for the amount of the unpaid balanes of
Me Judgment.
UCC Remedies. With respect to all or any pan of Me Personal Property. Lender shall have all the rights and remedies of a securetl
party under Me Uniform Commemisl Code.
Caterer Rents. Lender shall have the right, without notice to Grantor to take possession of and manage Me Property and col%ct Me
Rents, Including amounts past due and unpaW, and appy the net proceeds, over and above Lenders cos%, against Me Indebtedrrese.
In furtherance of this right, Lander may require any tenant or other user of Me Property to make payments a rent or use foes directly
to Lender. If Me Rends are Matted by Lender, then Greeter Irrevocably ckkogrma%s Lender as GmnWs adomey-in-fact to endorse
instruments received in Payment thereof In Me name of Granter and to negotiate the same and collect the Proceeds. Payments by
tenants or other users to Lender in response to Lenders demand shall satisfy the obligations for which the payments are made,
whether or not any proper grounds for the demand existed. Leader may exercAse its rights under this subparagraph either In parson,
by agent, or through a receiver.
Appoint Receiver. Lander shall have the right to have a receiver appointed to Wks poasessien of all or any Pen of the Property, with
Me power to protect and preserve the Property, to operate Me Propend precadig foreckk ure or sale, and W collect Me Rents from
the Property and apply the proceeds. over and above Me cost of the receivership, against Me Indebtedness. The recelver may serve
without bond If Permitted by law. Lenders right to the appointment of a receiver shall exist whether or not the apparent value of the
Propend exceeds the Indebtedness by a substantial amount. Employment by Lentler shall not disqualify a person from serving as a
receiver.
Tenancy at Sufferance. If Grantor remains in possession of the Property after Me Property Is sold as provided above or Larder
otherwise becomes entitled to possession of Me Property upon default of Grantor, Granter shall became a %nam at sufferance of
Lender or the purchaser of the Property and shall, at lenders option, either (1) pay a reasonable rental for the use of Me Property, or
DEED OF TRUST
Loan No: 1718108 (C0ntinued) Page 6
(2) vacere the Propend Immediately upon the demand of Lender.
Other Remedies. Trustee or Lender shag have any other rest or remedy provided In the Deed of Trust or the Note or available at law
or In equity.
Notice of Sale. Lender shall give Grantor newness notice of me time and place of any public sale of Me Personal Property or of the
time after which any private sale or other intended disposition of Me Personal Properly Is to be made. Sassari notice shell mean
narks given at least fifteen (15) days before the time of the said or dispmillon. Any sans of Me Personnel Property may be Made In
conjunction with any sale of the Reel Property.
Sale of the Property. To the oxtail permitted by applicable law. Grantor hereby waives any and all rights M have the Property
Marshaled. In exercising its rights and remedies, the Trustee or Lender shall be free to sell all or any part of Me Property together or
separately, In are sale or by separate miss, Lender shall be entitled M bid at any public sale on all or any portion of Me Property.
Aftorneys' Fees; Expenses. If Lender Institutes any suit or action to enforce any of the terms of this Deed of Trust. Lender shall be
entitled to recover such sum as the court may adjudge leasonabre as moral fees W Mal and upon my appeal. Whether or not any
court action Is Involved, and to the extant not prohibited by new, all reasonable expenses Lender Incurs that In Lender's opinion are
necessary at any time for the protection of Its interest or the enforcement of Its rights shall become a on of the Indebtedness payable
on demand and shall bear Interest M the Nota rate from the date of the expenditure unfit remold. Elmensm covered by MIs paragraph
Include, without limitation, however subject to any limits under applicable law, Lenders attorneys' fees and Lender's legal expenses,
whether or not Mere Is e lawatil, Including aRomeyW fees and romantics for bankruptcy proceedings (Including efforts M modNy or
vacate any automatic May or injunction). appeals, and any anticipated past -judgment collection services, the cost of marching
records, obtaining the reports (Including foreclosure reports), surveyors' repels, and appraisal fees, MIe Insurance, and fees for Me
Trustee, to the extent permitted by applicable law. Grantor also will pay any mud costs, in addition to all other sums provided by
Ii
Rights of Trustee. Trustee shall have all of the rents and duties of Larder as sat birth in this section.
POWERS AND OBLIGATIONS OF TRUSTEE. The following provisions misting to Me powers est obligations of Tmarea are Part of this
Deed of Trust:
Powers of Trustee. In addition to all pavers of Trustee arising as a matter of law, Trustee shall ham the power M Mks the following
actions with respect to the Property upon Me written request of LaMar and Grantor: (a) join In preparing and filing a map or plat of
Me Real Property, Including Me dedication of streets or other rights to the public; (b) join In granting any easement or creating any
reaMcllon on Me Real Property; and (c) join In any subordination or other agreement affecting MIs Geed of Trust or Me interest of
Lender under this Deed of Trull.
Obligations to III Trustee shall not be obligatetl fo nobly any other party M a pending sale under any other trust deed or Iran, or
of any action or proceeding In which Grantor, Lender, or Trustee snail be a party, unless the action or proceeding re brought by
Trustee.
Trustee. Trustee shall meal all qualfficetlons required for Trustee under applicable law. In addition to Me rights and remedies set
forth above, with respell M all or any part of the Propend• the Trustee shall have the right to foreclose by notice and sale, and Lender
shall have the right M foreclose by judicial foreclosure, in either case in amonlance with and to Me full extent provided by applicable
law.
Successor Trustee. Lander, at Lenders option, may from time to time appoint a successor Trustee to any Trustee appointed under
this Deed of Trost by an Instrument executed and acknowledged by Lender and recorded In Me office of the recorder of Lana County,
State of Oregon. The treatment shall contain, In addition M all other matters required by State law. the names of Me Mginal Lender,
Trustee. and Grantor, the book and page where this Dead of Trust is recorded, and Me nmro and address of Me successor trustee,
and the instrument shall be exemted and acknowledged by Lender or its successors in interest The successor trustee, without
conveyance of the Property, shell succeed to all the title. Power, and duties conferred upon Me Trustee in this Dead of Trust est by
applicable law. This procedure for substitution of Trustee shat govern to the exclusion of all other provisions for substiludon.
NOTICES. Any rwtics required to be given under MIs Deed of Trust. Including without limitation any notice of default end My notice of
sale shell be given In writing, and shell be effective Man actually delivered, Wren actually receWed by misfacahnile (unless othorwNe
required by law), when deposited with a nationally recognized overnight courier, or, if mailed, when deposited In the United States mall, as
first class, certified or registered mail postage preped, directed to the addresses shown near Me beginning of this Dead of Trust. All
mples of notices of foreclosure from the holder of any Ilan which has priotty oro, Mrs Deed of Trust shall be scot M Lenders address, as
shown near Me beginni of MIs Deed of Trust. Any party may change Its address for notices under MIs Dead of Trust by giving formal
written notice to Me other parties. specifying that the Purpose of Me notice is M change the party's address. For notice purposes, Grantor
agrees to keep Lander informed at all fines of Grantors current address. Unless oMerWse provided or raptured by law, if there Is more
than one Grantor, any notice given by Lender to my Grantor Is deemed to be notice given to all Grantors.
ORAL AGREEMENTS DISCLAIMER. This Agreement represents Me final agreement between the parties and may not be contradided by
evidence of prior, contemporaneous or subsequent oral agreements of Me pelves. There are no unwritten and agreements between Me
parties.
MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of this Deed of Trust
Amendments. This Dell of Trust, together with any Related Comments, consttutes Me Wire understanding and agreement of the
partes as to the matters set forth In MIS Dead of Trust No alteration of or amendment to this Deed of Trust snail be effective unless
given in writing and signed by Me party or partes sought M be charged or bound by Me allocation or amendment
Annual Reports. If the Property Is used for purposes other than Grantors residenw, Grantor shall furnish to Lender, upon request, a
coral moment of net operating Income received from Me Property dunng Grantors previous fiscal year In such form and retail as
Lender shall require. 'Net opereting income' shall mean all cash recelpts from the Property less all cash expenditures made In
connection with the operation of the Property.
DEED OF TRUST
Loan No: 1718108 (Continued) page 7
Caption Beadings. Caption headings in this Deed of Trust are for convenience purposes my and are not to be used to Interpret or
define the provisions of this Deed of Trust.
Merger. There shall be no merger of the Interest or estate created by this Dead of Trust with any other interest or estate In the
Property at any We held by or for Me benefit of Lender in any capacity, without Me written consent of Lender.
Governing Law. This Dead of Trust will be governed by federal law applicable to Lender and, to the anent not preempted by fetlenl
law, Me laws of the State of Oregon without regaN to He conflicts of law provisions. This Deed of Trust has been accepted by
Lender In the State of Oregon.
Chola of Venue. If there Is a lavi Grantor agrees upon Lemees request to submit to the Judmklbn of the courts of Lane
County. State of Oregon.
No Waiver by Lender. Lentler shall not be deemed to have waived any rights under MIs Deed of Trust unless such waiver is given In
writing and signed by Lender. No delay or omission on Me pan of Lender in exemising any right shall operate as a waiver of such
right or any other right. A waiver by Lentler of a provision of MIS Dead of Trust shall not prefudka or constitute a waiver of Lenders
right otherwise to demand stool compliance with Mat provision or any other provision of this Dam of Trust. No prior waiver by
Lender, mor any course of dealing between Lender and Grantor, shall consul a waiver of any of Lender's ill or of any of
Grantors obligations as to any future transections. Whenever Me consent of Lender is real under MIs Dam of Trust the greening
of such consent by Lender in any instance shall not constitute continuing consent to subsequent remains where such consent Is
required anti in of cases such consent may be granted or wiNheld In Me auto discretion of Lender.
Sevembiliy. If a court of competent Jurisdiction finds any provision of this Dead of Trust to be Illegal, invalid, or unenforceable as to
any circumstance, that finding shall not make the offending provision Illegal, Invalid, or unenforceable as to any other circumstance. If
feasible, the offending provision Shall be considered modified So Mat it becomes legal, wall em enforceable. If Me offending
provision cannot be so mcni it shell as considered deleted from this Dem of Trust Unless otherwise required by low, Me
Illegality, Invalidity, or unenforceability of any provision of this Deed of Trust shell not affect the legality, validity or enforceability of
any other provision of this Deed of Tmst.
Successor and Assigns. Surfers to Any limitations ended In this Deed of Trust on transfer of Grantors Interest, Mia Deed of Thal
shall be binding upon and Inure to the benefit of Me parties, their sucoessors and emigre. H awnemhip of the Property becomes
vested in a person ober Man Grantor, Lentler, without coffee to Grantor, may deal with Grannies successors with reference to this
Dead of Trust and the Indebtedness by way of f nbeamnce or extension without releasing Grantor from the obligations of this Deed of
Trust or liability under the Indebtedness.
Time Is of Me Essence. Time Is of the essence in Me Performance of Ma Geed of Trust
Waive Jury. All parties to this Deed of Trust hereby walve the right to any Jury trial In any action, proceeding, or counterclaim brought
by any party against any offer party.
Waiver of Homestead Exemption. Grantor hereby releases anti waives all dgha and benefits of the homestead exemption laws of the
State of Oregon as to all Indebtedness Secured by this Net of Trust
Commercial Deed of Trust. Grantor agrees with Lender that MIS Deed of Trust is a commercial deed of "at and Met Grantor will not
change Me use of Me Property without Lenders prior written consent.
DEFINITIONS. The following capitalized words and terms shall have the following meanings when used In this Deed of Trust. Unless
spedgcaily stated to me contrary, all mforenms to dollar amounts shall mean amounts in lawful money of the United Stales of America.
Words and teens used In Me singular shell Include the plural, and the plural shall Include the singular. as the context my require. Words
and terms not ofherwlse defined In MIS Deed of Trust shall have do meanings attributed to such terms in the Uniform Commercial Code:
Beneficiary. The word "Beneficiary means Columbia State Bank, am Its Sunniness and assigns.
Borrower. The word 'Borrower means Black Label, LLC and Inductee all cosigners and co -makers signing Me Note am all their
Successors and assigns.
Dead of Trust The words 'Deed of Trust" mean this Deed of Trust anwng Grantor, Lender, am Trustee, and Includes without
limitation all amignment am security interest provisions relating M Me personal Property and Rents.
Default. The word'Defaull means Me Default Set firth In this Deed of Tma In Me section need'Defaull
Environmental Laws. The words'Envitonmenal Lows' mean any and all state, federal and local statutes, regulations and erdlnences
relating to the protection of human health or Me environment, including without limitation the Comprehensive Environmental
Response, Compemadgn, am Liability Act of 1980, as amended, 42 U.S.C. Section 9601, at seq. ('CERCLA'), the Superfum
Amendments and Reaudhodumdo Act of 1986, Pub. L. No. 99499 (SARA'), Me Hazardous Materials Transportation Act, 49 U.S.C.
Section 1801, at seq., the Resource Coneayss on em Recovery Am, 42 U.S.C. Section 6901, at Seq., or other applicable sate or
federal laws, rine, or regulations adopted pursuant thereto or Intendant to protect human health or Me environment.
Event of Default The words 'Event of Default' mean any of Me events of default Set forth In MIs Deal of Trust In Me events of
default motion of this Oval of Trust
Grantor. The word mGnantor' means Bleck Label, U.C.
Guarantor. The word'Guarantoe means any guarantor, surety, or accommodation party of any or all of the Indebtedness.
Guaranty. The word 'Guaranty' means the guaranty from Guarantor to Lender, including without limitation a guaranty of all or pan of
Me Note.
Hazardous Substances. The words 'Hazardous Substances' mean materials thal because of Meir quantity. ommir tmflon or
physical, chemical or Infectious characteristics, may cause or pose a present or potential hazard to human health or Me environment
when Improperly used, treated, stored, disposed of, genereatl, manufactured, "reported or otherwise handled. The words
DEED OF TRUST
Loan No: 1718108 (Continued) Page 8
'Hazardous Substances' are used in their very broadest sense and Induce without timuaaon any and all hazardous or toxic
substances, materiels or waste as defined by or listed under the Environmental Laws. The term "Hazardous Substances' also
includes, without limitation, Wareleum, including crude oil and any fraction thereof and asbestos.
Improvements. The word "Improvements' Means all existing and future Improvements, buildings, structures, metals homes affixed on
the Real Property, fadlilies, additions, replacements and other construction on Me Real Property.
Indebtedness. The wont 'Indebtedness' means any and all of Borrowers Indebtedness to Lender and b used in Me most
comprehensive sense and means and includes any and all of Borrower's Ilabllifies, obligations and debts to Lander, now existing or
hereinafter Incurred or created. Inducing. without limttation, all bens, advances, Interest, mets, debts, overdraft Indebtedness, credit
card indebtedness, base obligations, other obligations, and Ilebllities of Barroom, or any of them, and any present or future
judgments against Borrower, or any of hem; and whether any such Indebtedness is voluntarily or Involuntarily Incurred, due or not
due, absolute or contingent, liquidated or unliquidated, determined or undetermuad whether Borrower, may be liable IMWidually or
jointly with others, or primary or secondarily, or as a guarerdor or wholly; whether recovery or an Indebtedness may be or may
Demme boreal or unenforceable against Borrower for any reason whatsoever, and whether Me Indebtedness arises from transections
which may be voidable on account of Infancy, Insanity, More vires, or otherwise.
Lancer. The word "Lender" means Columbia State Bank, its successors and assigns.
Hots. Theword "Note" means Me promissory note &ted August 18. 2017, in the original principal amount of
$924,000.
924 000.00 from Grantor W Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations
of, end subsMutions for Me promissory note or agreement. The maturity data of the We 1s September 10, 2027.
Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or
hereafter owned by Grantor, and now or hereafter attached or affixed b Me Real Property; together with all accessions, parts, end
additions to, all replacements of, and an subsbUtions for, any of such property, and together with all proceeds (including without
Hermitian all Insurance proceeds and refunds a premiums) from any sale or other disposition of Me Property.
Property. The word "Property" means collectively Me Real Property and Me Peremral Property.
Real Property. The words 'Real Property" mean this real property, Immands and rights, as fuller desaMed In this Dead of Trust.
Mated Documents. The words "Related Documents' mean all promiasory rotes, credit agreements, loan agreements, environmental
agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other
Instruments, egmemems and documents, whether now or hereafter existing, execo[ed In connection with the Indebtedness.
Rends. The word'Rents' means all present and future rams, revenues, income, issues, royalties, peofils, and other benefits delved
from the Property.
Trustee. The wood'Ruatee" means Cascade Title Co., whose address Is 811 Willameae Street, Eugene, OR 97401 and any
substitute or successor trustees.
GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND GRANTOR AGREES TO ITS TERMS.
GRANTOR
M
DEED OF TRUST
Loan No: 1718108 (Continued) Page 9
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
STATE OF VIQLKYI G°;' C AL REAL
I MELISSA BUTTTHR EW MITCHELL
SS i NO'4R1 P ,1O OREGON
CDMN11S5 NO 48PS4
COUNTYOF L�'� ) � my "TE;.r.EF'. .2011
_ acccc,=
On this day ofQu�- 20 I % before me, the undersigned Notary Public,
personally appeared Timatry K Bennion, Managsr%Il r of Black Label, LLC, and known to me fo be a mandew or designated agent of
the limited liability company Nat executed the Deed of Trust and acknoWedged Me Dead of Trust to be the free and voluntary ed and
deed of Me limited liability company, by authority of statute, Its articles of organization or to operating agreement, for the uses and
Purposes Mersin mentioned, and on oath statetl that he or she Is authorized to execute this Deed of Trust and in fact executed the Deed of
Trutt on behalf of Me limited liability company.
Byub� .Q Residag at LCAYl2 (W-�ii
Notary Public In and for the State of (LoyL My commission expires q.lb'17
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
STATE OF O(eQpn) s°= OFTD'
_." MELISSA AUT- ERFIELDALSEAL MITCHELL
)as - ? NOTNHf P 3LIG DPEGON
TY OF I COMMISBI D. 480484
COUN
`2' �un COI,1s51aea S:TENEh'F
On this 7ax/= day ofQL,1G1 20 ,7 . before me, the undersigned Notary Public,
personally appeared Gary Martin, Member of Black La I, LLC, end known to me to be a member or designated agent of the limited liability
company that executed Me Deed of Trust and acWmwledged the Dead of Trust to be the free and voluntary ad and dead of the limited
ilablaty company, by authority of statute, its articles of organization or Me operating agreement, for Me uses ant purposes therein
mentioned, and on odR stated that he or she la authorized fo execute this Deed of Trust and In fact executed Me Deed of Trust on behalf
of limited Ilebilh�y�com_ppany.
By li(� n' Residing.[ I nnr�
P ((11
Notary Public In and for the State of Lir a'j[1'� My commiulon ..Paas qhn o
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
STATE OF W) QG-) )
)as
COUNTY OF I GArg I
On this Md N(.dsy of All
20 y_, before ma. Me undersigned Notary PUMic,
personally appeare p peers, Member of Black .bel, LLC, ant known to me to be a member or designated agent of Me limited
liability company Met executed Me Deed of Trust and acknowledged Me Dead of Trust to be the free end voluntary ed and deed of Me
bombed liability company, by authority of statute, Its articles of organization or Its operating agreement, for the uses and purposes therein
mentioned, and on oath stated that he or she is authorized to execute this Deed of Trust and in fact executed Me Deed of Truer on behaB
of the limited liability comparry.
By IIAb) kA- (%ReskiMgat I-OYlQ(a, nth
Notery Public in and for the State r,' of Uu:1 My commission expires Q.ILr { %
DEED OF TRUST
Loan No: 1718100 (Continued) Page 10
REQUEST FOR FULL RECONVEYANCE
(To be used only when obligations have base paid In NII)
To: ,Trustee
The undersigned is the legal owner and holder of all Indebtedness secured by this Dead of Trust. All sums secured by this Dead of Trust
have been fully paid and satisfied. You are hereby directed, upon payment M you of any sums owing N you under Me terms of this Dead
of Trust or pumuant to any applicable statute, to cancel the Note secured by this Deed of Trust (which Is delivered to you together will,
this Dead of Trust), and to recomey, without warranty, to the parties designated by the terms of MIs Dead of Trust, the estate now held
by you under this Deed of Trust. Please mail the reconveyance and Related Documents to:
lasarPro, Ver. 17.1.10.015 Copr. D+H USA Coiporetion 1997, 2017. All Rights Reserved. - OR CMFSLLP )CFILLPLOO .
TR -10072395 PR -573
AFTER RECORDING RETURN %
CASCADE TITLE COMPANY
811WIIL1AME EST.,EUGENE,M97401
Eu17-i4yo NR
RECORDATION REQUESTED BY;
Columbia State Bank
CBC Lane County
1005 Green Acres Rd, Ste 101
Eugene, OR 97408
WHEN RECORDED MAIL TO:
Columbia State Bank
25977 SW CANYON CREEK RD, SUITE J
Wilsonville, OR 97070
Lane County Clerk
Lane County Deeds and Records LVI IV9JJ1
11111111111111111111111111111111111111111111111 $12.00
01670984201700419370060068
08/24/2011 01;14;29 PM
RPR -MSN Cnt=1 Stn=9 CASHIER 11
830.00 $10.00 $11.00 $21.00
ASSIGNMENT OF RENTS
FOR RECORDER'S USE ONLY
THIS ASSIGNMENT OF RENTS dated August 18, 2017, is made and executed between Black Label, LLC, an
Oregon Limited Liability Company (referred to below as "Grantor") and Columbia State Bank, whose address is
1005 Green Acres Rd, Ste 101, Eugene, OR 97408 (referred to below Be "Lender").
ASSIGNMENT. For valuable consideration, Grantor hereby assigns, grants a continuing security Interest in, and
conveys to Lender all of Grantor's right, title, and interest in and to the Rents from the following described
Property located in Lane County, State of Oregon:
Parcel 1, Land Partition Plat No. 2000-P1408, Lane County Deeds and Records, in Lane County, Oregon.
The Property or Its address is commonly known as 720 35th Street, Springfield, OR 97478. The Property tax
Identification number is 1654639.
THIS ASSIGNMENT IS GWEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF ANY AND ALL
OBLIGATIONS OF GRANTOR UNDER THE NOTE, THIS ASSIGNMENT, AND THE RELATED DOCUMENTS. THIS ASSIGNMENT IS GNEN
AND ACCEPTED ON THE FOLLOWING TERMS:
PAYMENT AND PERFORMANCE. Except as otheaAae provided in this Assignment or any Related Documents, Grantor shall pay to Lender
all amounts secured by this Assignment as they become due, and shall strictly perform all of Grantors obligations under MIs Assignment.
Unless and until Lender exerda k, its right to tosses Me Rene as provided below and so long as mere is no default under this Assignment,
Grantor may remain In possession and control of and operate and manage the Property and collect Me Rents, provided that the granting of
Me right to wiled the Rents shall not constitute Lenders consent to Me use of cash collateral In a bankruptcy proceeding.
GRANTOR'S REPRESENTATIONS AND WARRANTIES. Grantor warrants that:
Ownership. Grantor is entitled In receive the Rents free and dear of all rights, balls, liens, encumbrances, and claims emml as
disdoom to and accepted by Lender In writing.
Right to Assign. Grantor has the full right, power and authority to enter Into this Assignment and to assign and convey Me Rents to
Lender.
No Prior Assignment. Grantor hes not previously assigned or conveyed the Rents to any other person by any Instrument now in force.
No Further Transfer. Grantor will not sell, assign, encumber, or otherwise dispose of any of Grantors nghts in Me Rents except as
provided in this Assignment.
LENDER'S RIGHT TO RECEIVE AND COLLECT RENTS. Lender shall have the right at any time, and oven though no default shall have
occurretl under this Assignment. to tolled and receive Me Rents. For MIs purpose, Lender is hereby given and granted the following
rights. powers and authority:
Notice to Tenants. Lender may send notices to any and all tenants of Me Property advising them of this Assignment and directing all
Rents to nd paid directly to Lender or Lenders agent.
Enter the Property. Lender may enter upon and We possession of the Property; demand, celled and receive from ties innards or from
arty other persons liable therefor, all of Me Rents; Instituto and tarty on all legal MtOurtlings necessary for the protection of Me
Property, including such proceedings as may be necessary to recover possession of Me Property; collect the Rents and remove any
tenant or tenants a other persons from Me Property.
Maintain Me Property. Lender may enter upon the Property to maintain Me Property and keep the same In repair, to pay the costs
thereof and of all suyRes of all employees, including their equipment, and of all continuing costs and expenses of maintaining the
Property In proper repair and condition, and aim to pay all taxes, assessments and water utilities, and the premiums on gra and other
Insurance eNecied by Lender on the Property.
Compliance with Laws. Lender may do any and all things to execute and comply with the laws of the State of Oregon and aim all
other laws, raise, orders, ordinances and requlrerrerns of all other governmental agendas affecting the Properly.
Lease the Property. Lender may rent or lease Me whole or any pert of the property for such term or terns antl on such conditions as
Lender may deem appropriate.
Employ Agents. Lender may engage such agent or agents as Lender may deem appropriate, either In Lenders name or In Grantors
ASSIGNMENT OF RENTS
Loan No: 1718108 (Continued) Page 2
name, to rant and manage Me Property. Including the collection and application of Rents.
Other Acts. Lender may do all smh other things and acts with respect to Me Property as Lender may deem appropriate and may act
exclusively and solely in Me place and stood of Grantor and to have all of the powers of Grantor for the purposes stated above.
No Requirement to Aet. Lender shall not be required to do any of the foregoing acts or things, and the fact that Lender shall have
performed one or more of Me foregoing acts or things shall not require Lender to do any other specific ad or thing.
APPLICATION OF RENTS. All costa and expenses incurred by Lander in connection with the Property shall be for Gravers account and
Lender may pay such costa and expenses from the Rents. Lender, In its sole discretion, shall determine Me application of any and all Rents
racelved by it; however, any such Rents recall by Lender which are not applied to such costa ant expenses shall be opened to Me
Indebtedness. All expenditures made by LaMar under this Assignment and not reimbursed from the Rents shall become a pad of the
Indebtedness secured by this Assignment, and shell be payable on demand, Who Imareat at the Nota rata from dam of expenditure until
paid.
FULL PERFORMANCE. If Grantor pays all of the Indebtedness when due and otherwise performs all Me obligations Imposed upon Grantor
under this Assgnmenl, Me Note, and the Rotated Dowments, Lender shall execute and deliver to Grento a suitable satisfaction of this
Assignment and suitable statements of termination of any financing statement on fila evidencing Lenders sewdty Interest In the Rents and
Me Properly. My termination fee required by law shall be paid by Grantor, if Permitted by applicable law.
LENDER'S EXPENDRURES. if any action or proceeding is commenced that would materially affect Lender's Interest In Me Property or if
Grantor falls to comply with any provision of MIs Assignment or any Related Documents, including but not limited to Germans failure to
discharge or pay when due any amounts Grantor Is required to discharge or pay under this Assignment or any Related Documents, Lender
on Grantor's behalf may (but shall not be obligated to) take any action that Lender deems appropriate, Including but not limited to
discharging or paying all taxes, liens, security Interests, anwmbrenoes and other claims, at any time levied or placed on the Rents or Me
Propend ant paying all costs for Insuring, maintaining ant preserving the Property. All such expenditures lowered or pad by Lader for
such WrPosas will than bear Interest at the rete charged under the Note from the date inured or pald by Larder M Me date of repayment
by Greater. An Such expenses will become a pan of Me Indebtedness and, at Lenders option, will (A) be payable on demand; (B) be
added to the balance of the Note end be apportioned among and be payable with any Installment payments to become due during either
(1) the term of any applicable insurance Policy; or (2) Me remaining term of Me Note; or (C) be treated as a balloon payment which will
be due and payable at the Note's maturity. The Assignment also will secure payment of these amounts. Such right shall be in addition to
all other rights and remedies M which Lender may be engine upon Default.
DEFAULT. Each of the following, at Lenders option, shall constitute an Event of Default most this Assignment:
Payment OefeuM Grantor falls to make any payment when due under the Indebtedness.
Other Defaults. Grantor fails to comply with or M perform any other term, obligation, covenant or condition contained in this
Assignment or In any of the Related Documents or to comply with or to pehom any term, obligation, covenant or condltlnn contained
In any other agreement between Lender and Goal
Default on Other Payments. Failure of Grantor within the time required by this Assignment to make any payment for taxa. or
inaum cel or any other payment necessary to prevent filing of or M effect discharge of any Ilan.
Environmental Default. Failpre of any party to comply with or perform when due any term, obligation, covenant or conditdn contained
M any amironmental agreement executed In connection with Me Property.
False Statements. My warranty, representation or statement made or burnished M Lender by Gornto or on Gral behalf under
this Assignment or the Related Documents Is false or misleading in any m Medal respect, either now or at Me lime made or furnished
or becomes false or misleading at any time thereafter.
Detective Collata alWlion. This Assignment or any W Me Related Documents cerise to be in full force and effect (Including failure of
any collateral document M create a valid and perfected security Interest or lien) at any time and for any mason.
Death or Insolvency. The dissolution of Grantors (regardless of whaler election M continua is Mede), any member withdraws tram
Me limited liability company, or any other termination of Grarl existence as a going buslnecs or the death Of any member, Me
ineolvency of Grantor, the appointment of a receWer for any part of Grantor's property, any assignment for Me benefit of creditors.
any type of comider workout, or Me commencement of any proceeding under any bankruptcy or insolvency laws by Or against
Grantor.
Creditor or Focal Proceedings. Commencement of foredosure or forfeiture proceedings, whether by judicial proceeding, self-help,
repossession or any other method, by airy creditor of Grantor or by any govammantal agency against the Rents or any property
securing the Indebtedness. This Includes a garnishment of any of Emmons accounts, Including deposit amounts, with Lender.
However, this Event of Default shall not apply if there Is a good fell dispute by Grantor ere to me validity or reasonableness of the
claim which Is Me basis of the creditor or Saddened proceeding and if Grantor give. Lader written notice of the creditor or forfeiture
proceeda
proceeding and deposits with Lender monies or a surety bond for Me creditor or lbr lt or proceeding, In an amount determined by
Lantlar, In its We discretion, as being an adequate reserve ar bond for the daiNte.
Property Damage or Loss. The Properly is lost, stolen, subsMndally damaged, sold, borrowed against, levied upon, seized, or
attached.
Events Affecting Guarantor. My of Me precedirg events occurs with respect to any Guarantor of any of the Indebtedness or any
Guarantor dies or becomes incompetent, or revokes or deputes the validity of, or liability under, any Guaranty of the Indebtedness.
Adverse Changs. A materiel adverse change occurs in Grantors financial condition, or Lender believes the prospect of payment or
Performance of the Indebtedness is Impaired.
Insecurity. Lender in good faith belleves Itself Insecure.
RIGHTS AND REMEDIES ON DEFAULT. Upon the occurrence of arty Event of Default aide at any fime thereafter, Lander may examine any
ASSIGNMENT OF RENTS
Loan No: 1718108 (Continued) Page 3
one ora more of Me following rights and remedles, In stainless to any other rights or remedies Provided by law:
Acoelemle Indebtedness. Lender shall have Me tight at Its option without wtice to Grantor to declare Me entire Indebtedness
Immediately due and payable, Including any prepayment penalty Mat Grantor would be required to pay.
Collect Renta. Lender shall have Me right, without notice W Grantor, M an possession of the Property and wiled the Rents,
Including amounts pest duo and unpaid, and apply the net proceeds. over and above Lenders costa, against the Indebtedness. In
furtherance of this right, Lender shall have ell No rights provided for in the Lenders Rohl to Rewire and Called Rents Sedan,
above. If the Rents are collected by Lender. Men Grantor Inevacebly designates Leader as Grantor's adomey-m-fact to Memo
Instruments received in payment thereof in the name of Grantor and to negotiate the same antl wiled fire proceeds. Payments by
tenants or other users to Lender in response to Leader's demand Men satisfy Me obligations for which the payments are made,
whether or rout any proper grounds for the demand existed. Lender may exercise Its rights under this subparagraph either In person,
by agent, or through a receiver.
Appoint Receiver. lender shell have the right to have a receiver appointed M take paasessbn of all or any part of the Property, with
Me power to protect and preserve the Property, to operate the Property preceding foreclosure or sale, and W tolled Me Rents from
Me Property and apply Me proceeds, over and above the cost of Me receivership, against Me Indebtedness. The receiver may serve
without bond if permitted by law. Lenders right to Me appointment of a receiver shall exist whether or not the apparent value of the
Property exceeds the Indebtedness by a substantial amount. Employment by Lender shall not disqualify a person from serving as a
recover.
Other Remedies. Lender shell have all other rights and remedies provided in this Assignment or the Note or by law.
Election of Remedies. Election by Lender to W mus any remetly shall trot excWds pumuft of any other mmedy, and an ekedbn W make
expenditures or to take action to perform an obligation of Grantor under this Assignment. after Grantees failure to perform, shall not
affect Leaders right to declare a default and exercise Its remedies.
Atumeys' Fees: Expenses. If Lender Institutes any suit or action M enforce any of Me temre of this Assignment. Lender shall be
ended! to recover such sum as the court may adjudge reasonable as attorneys' fees at Bial and upon any appeal. Whether or wt any
court action Is Involved, and to the extent not prohibited by law, all reasonable expenses Lender Inwrs that In Lend i opinion are
necessary at any time for the protection of Its interest or the enforcement of Its rights shall became a pan of the Indebtedness payable
on demand and shall bear Interest at the Holo rate frau ere date of the expenditure until repaid. Expenses covered by this paragraph
Include, without limitation, however subject to any limits under applicable law, Lenders attomeys' fees and Leaders legal expenses,
whether or not thare is a lawsuit, Including ettomeys' fees and expenees for bankruptcy proceedings (Including efforts b modify or
vacei any automatic May or Injunction), appeals, and any anticipated post -judgment collection Services, the wall of searching
recons, obtaining title reports (Including foreclosure modee), surveyors' reports, and appraisal fees, title insuraa», and fees for the
Trustee, to Me extent pannMed by applicable law. Earls also will pay any court costs, In addition to all other sums provided by
law.
ORAL AGREEMENTS DISCLAIMER. This Agreement represents the final agreement between the parties and may not he contradicted by
evidence of prior, conampoansous or subsequent aal agreements of Me parties. There are an unwritten anal agreements between Me
parties.
MISCELLANEOUS PROVISIONS. The following miscellaneous provisions are a part of MIs Assignment
Amendments. This Assignment, together with any Related Documents, constitutes Me entire morainal and agreement of the
parties as to Me malMm set font In his Assignment. No alterefion of or amendment M this Assignment shall he effedive unless
given In writing and signed by the party or parties sought to be charged or bound by the alteration or amendment
Caption Headings. Coined hearings in this Assignment are for convenience purposes only and are not M be used to Interpret m
define the provisions of this Assignment.
Governing Law. This Assignment will be governed by federal law applicable to Lender and, W Me extend not preempted by federal
law, the laws of the State of Oregon without regard to its conflicts of law provisions. This Assignment has been accepted by Lender
In the state of Oregon.
Choice of Venue. If Mere Is a lawsuit, Grantor agrees upon Lenders request ro submit M the Jurisdiction of Me courts of Lana
County, Seta of Oregon.
Merger. There shall be no merger of Me Interest or estate created by this Assignment with any other Interest or estate in Me Property
at any time held by or for the benefit of Lender in any capacity, without Me written consent of Leader.
Interpretation. (1) In all wins where Mere Is more than one Borrower or Grantor, Men all words used in this Assignment In Me
singNpr shall be deemed M have been used in Me plural where Me context and consbUCtion so require. (2) If more than one person
signs MIs Assignment as 'Grantor,' the obligations of each Grantor are joint and several. This means that N Lender brings a lawsuit,
Lender may sue any are or more of No, Gardens. If Borrower and Grantor are not Me Same person, Lentler reed rout sue Bonower
Brat, and Met Borrawer need not be joined in any lawsuit. (3) The names given to paragraphs or raiders in tits Assignment em for
convenience purposes only. They are not to be used to Interpret or define Me provisions of MIs Assignment.
No Waiver by Lender. Lender shell not be deemed to have waived any rights most this Assignment unless such waiver Is given in
writing and signed by Leader. No delay or minim an Me pert of Leader In exercising any night small operate as a waiver of such
right or any other right. A waiver by Lender of a provision of this Assignment shall Trot prejudece or constitute a waiver of Lendees
right otherwise to demand strict compliance with Mat provision or arty other provision of thts Assignment. No prior welder by Lender,
nor any worse of dealing betvreen Leader and Grantor. shall wnsMute a waiver of any W Lerdees rights a of any of Grantor's
obllgations as to any future transactions. Whenever the consent of Lender Is required under this Assignment, Me greMing of such
consent by Lender In any Instance shall not constitute continuing consent to subsequent Instances where such consent is required and
In all cases such wnsend may be granted or withheld in the sole discretion of Lend".
Notices. Any notice required to be given under this Assignment shell be given In waking, and shall he effective when actually
ASSIGNMENT OF RENTS
Loan No: 1718108 (Continued) Page 4
delivered, when actually received by telefigadmlle (unless otherwise required by law), when deposited with a nationality recognised
overnight courier, or, if mailed, when deposited In Me United States mall, as first dans, certified or registered d,
mall postage prepal
directed to the addresses shown near the beginning of this Assignment, My party may charge Its address for notices under this
Assignment by giving formal written notice to Me other parties, specifying Mat Me purpose of the notice is to Mange the partys
address. For notice purposes, Grantor agrees In keep Lender informed at all times of Grantors current address. Unless otherwise
provided or required by law, if More is more Man one Grantor, any notice given by Lender to any Granter is deemed W be notloe given
to all Grantors.
Power of Attorney. The various agendas and powers of attorney conveyed on Lender under this Assignment are granted for
purposes of security and may not be revoked by Grantor until such fine as the same ere renounced by Lender.
Severability. If a court of competent jurisdiction finds any provision of this Assignment W be Illegal, Invalid, or unenforceable as to
any circumstance, that fire ico shall not make the offending provision Illegal, Invalid, or unenforceable as to any other circumstance. If
feasible, the offending provision shall be considered modified so that it becomes legal, valid and enforceable. N the offending
provision cannot M so madited, it shall be considered deleted from this Assignment. Unless otherwise crouton by law, the illegelity,
Invalldlly, or unenforceability of any provision of this Assignment shell not affect We legality, validity or enforceability of any other
provision of MIs Assignment-
Sucosssocr and Assigns. Subject to any limitations stated in this Assignment on transfer of Grantors Interest, this Assignment shall
be boding upon and Inure to the benefit of We padles, Mair successors and assigns. If ownership of the Property becomes vested in
a person other Man Grantor, Lender, without notice to Grantor, may deal with Grantors successors with reference to this Assignment
and the Indebtedness by way of forbearance or extension without releasing Grantor from the obligations of this Assignment or liability
under the Indebtedness.
Tlma Is of the Essence. Time is of the elegance In the performance of this Assignment.
Waive Jury. All parties to this Assignment hereby waive the right to any jury trial In any action, proceeding, or counterclaim brought
by any party against any other party.
Waiver of Homestead Exemption. Grantor hereby rebases and waives all rights and benefits of We homestead exemption laws of Me
State of Oregon as to all Indebtedness secured by this Assignment.
Waiver of Right of Redemption. NOTWITHSTANDING ANY OF THE PROVISIONS TO THE CONTRARY CONTAINED IN THIS
ASSIGNMENT, GRANTOR HEREBY WAIVES MY AND ALL RIGHTS OF REDEMPTION FROM SALE UNDER ANY ORDER OR
JUDGMENT OF FORECLOSURE ON GRANTOR'S BEHALF AND ON BEHALF OF EACH AND EVERY PERSON, EXCEPT JUDGMENT
CREDITORS OF GRANTOR, ACQUIRING ANY INTEREST IN OR TITLE TO THE PROPERTY SUBSEQUENT TO THE DATE OF THIS
ASSIGNMENT,
DEFINITIONS. The following capitalized words and terms shall have the following meanings when used in this Assignment. Unless
spedll referen
flcal stated to the contrary, aces to dollar amounts shall mean amounts In lawful money of the United Slates of America.
Words and terms used In the singular shall Include the plural, and the Wesal shall include Me singular, as We context may require. Words
and terms not otherwise dented in this Assignment shall have the meanings andbuted to sunt terms in the Uniform Commercial Code:
Assignment. The word "Assignment means this ASSIGNMENT OF RENTS, Be this ASSIGNMENT OF RENTS may be amended or
modified from time W time, together with all exhibits and schedules attached to this ASSIGNMENT OF RENTS from time to time.
Be..,. The word'Borrowee means Black Label, U.C.
Default. The word "Default' means the Default set forth In this Assignment in Me section fired "Default.
Event of Default. The words "Evers of Default" mean any of the events of dofauft set forth in MIs Assignment in the default section
of Mie Assignment.
Grantor. no word "Grantor" means Black Label, LLC.
Guarantor. The word 'Guarantor means any guarantor, surety, or accommodation Perry of any or all of the Indebtedness.
Guaranty. The word! 'Guaranty" means the guaranty from Guarantor to Lender, including without limgetlon a guaranty, of all or part of
Me Note.
Indebtedness. The word "Indebtedness' means any and all of Borrowers Indebtedness to Lender and Is used In the most
comprehensive some and means and Includes any and all of Borrowers liabilities, obligations end debts to Landes, now existing or
hereinafter incurred or created, including, without limital all loans, advances, interest, costs, debts, evertlreft indebtedness, credit
cart! indebtedness. base odgatbns, other obligations, and Inclldies of Borrower, or any of them, and any present or future
judgments against Borrower, or any of them; and whether any such indebtedness Is voluntarily or Involuntarily incurred, due or not
due, absolute or contingent, liquidated or unliquidated, determined or undetermined: whether Renewer may be liable lndirAdually or
jointly with others, or primary or mconderly, or as a guarantor or surety: whether recovery on an Indebtedness may be or may
become barter or unenforceable agmust Borrower for any reason whatsoever, and whether Me Indebtedness adage from transactions
which may be voidable on account of infancy. Insanity, Mus vires, or otherwise.
Lender. The word'Lender' means Columbia State Bank, Its successors and assigns.
Nora. The word 'Note" means the promissory note dated August 18, 2017, in the original Principal amount of
$924,000.00 from Grantor to Lender, together with all renewals of, extensions of, modifications of, refinancings of, consolidations
of, and substitutions for the promissory note or agreement.
Property. The word! "Property' means all of Grantors right title and Interest In and In all the Property, as described In Me
"Assignment" section of this Assignment.
Related Documents. The words "Related Documents' mean all promissory notes, credit agreements, loan agreements, environmental
agreements, gusranfies, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other
ASSIGNMENT OF RENTS
Loan No: 1718108 (Continued) Page s
Instruments, agreements and documents, whether now or hereafter existing, executed In connection with the Indebtedness.
Rents. The ward "Renta' means all of Grantor's present and future rights. Htie and interest In, to and under any and al present and
future leases, including, without limitation, all rents, revenue, income, Issues, royalties, bonuses, account; receivable, cash or security
deposits, advance renals, preFlts and proceeds from Me Property, and other payments and benefits derived or to be demsal from such
lasses nt every kind and nature, whether due now or later, Including without limitation Grantees right to enforce such leases, and to
receive and collect payment and proceeds thereunder.
THE UNDERSIGNED ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS ASSIGNMENT, AND NOT PERSONALLY BUT AS
AN AUTHORRED SIGNER HAS CAUSED THIS ASSIGNMENT TO BE SIGNED AND E)(ECUTED ON BEHALF OF GRANTOR ON AUGUST
18, 2017.
GRANTOR:
STATE OF UPiALV� ).~ OFFICIAL EEAL
MELISSA BUTWRFIELO MITCHELL
)SS=M^"� NOiARYP 9tC ORE,ON
COMMISS Q 480484
COUNTYOF Lobe 1 l`" �NCOMMIEEICI r SP1'Eio1KvirlPi'
On this ZZA day oftAIAG . 20 �, before ms. Me undersigned Notary Public.
pp
personally aeared tiol�Bemdon, Mamgaa.L r of Black Label, LLC, and known to me to be a nrembm or designated agent of
Me limited liability company that executed Me ASSIGNMENT OF RENTS and acknowledged Me Assignment W be the free and voluntary
ad and dead of Me limited liability company, by authority of statute, its articles of organization or Its operagng agreement, for the uses and
purposes therein mentioned, and on oath staled Mat he or she Is authorized to execute this Assignment and In fed executed Me
Assment onon bahaH of the limited liability company.
BY Ixti-Il\n ^� Residing at Ulm lrd-.14
Notary Public In and for the State ofDan0✓v My commission expires CIA LO 1 i
ASSIGNMENT OF RENTS
Loan No: 1718108 (Continued) Page 6
STATE OF Q�eQil'�
COUNTY OF LLIVIe-
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
On this 22CO clay of 20 I % before me, the undersigned Notary PUNIC,
personally appeared Gary Martin, Member of Black label. C. and known to his to a mambar or designated agent of Me limited liability
company that executed the ASSIGNMENT OF RENTS and acknowladged the Assignment to be the free and voluntary ad and deed of the
limited liability company, by authority of statute. Its articles of organization or its operodng agreement, for Me uses antl purposes therein
mentioned, and on oath "ad that he or she is authorized to execute this Assignment and In tact executed Me Assignment on behalf of
Me limited liability company.
By � ( p -I) \ w Y Residing at LLU'l2CG.YT(t I
�� n/
Notary PublicIn ant for the State of ` I� My canmission expires . j-11017
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
STATE OF CY�CIOC� I IF"A7MnCHELL
MELISSA BUTTERSS e;"" NOTAPY PU LCOMMISS iCOUNTYOF �y� 1-.0
On this 22�6 W. 'say ofNu 20 ,� before me, Me undersigned Notary Public,
personally appeared F I Ip en, peMember of Black L I, U.C, and unim,mi to me to be a member or designated agent of the limited
liability company Met executed Me ASSIGNMENT OF RENTS and acknowledged the Assignment to be the free and voluntary act and dead
of the limited liability company, by authority of statute, Its articles of organization or its operating agreement, for the uses and purposes
therein mentioned, and on oath stated that he or she is authorized to execute this Assignment and In fad ezecutetl Me Assignment on
bah@1�Hof the limited Iiebllily company. ����,,"
By 11� 1YL�' Q Residing at llwv CQ.1n(Yh,
Notary Public In and for tha Stan of l d eCkQn My commisslon expires '1 1017
LaserPro. er. 17..10.015 Copr. D,H A Corporation 1997. 20 7. All Rights Reserve . -0)11 C:IHFSU.PLICF 14.FC
TR -10072395 PR -573
0 FICIAL SEAL
I
- MELISSA 06TTERFIELO MITCHELL
ISS
``%'=�A*. NOTARY PUBLIC -OREGON
COMMISS vNO. 480484
��' ' M1LOMd1581ON Gy,;SSFPTEI,IRA164mi
On this 22CO clay of 20 I % before me, the undersigned Notary PUNIC,
personally appeared Gary Martin, Member of Black label. C. and known to his to a mambar or designated agent of Me limited liability
company that executed the ASSIGNMENT OF RENTS and acknowladged the Assignment to be the free and voluntary ad and deed of the
limited liability company, by authority of statute. Its articles of organization or its operodng agreement, for Me uses antl purposes therein
mentioned, and on oath "ad that he or she is authorized to execute this Assignment and In tact executed Me Assignment on behalf of
Me limited liability company.
By � ( p -I) \ w Y Residing at LLU'l2CG.YT(t I
�� n/
Notary PublicIn ant for the State of ` I� My canmission expires . j-11017
LIMITED LIABILITY COMPANY ACKNOWLEDGMENT
STATE OF CY�CIOC� I IF"A7MnCHELL
MELISSA BUTTERSS e;"" NOTAPY PU LCOMMISS iCOUNTYOF �y� 1-.0
On this 22�6 W. 'say ofNu 20 ,� before me, Me undersigned Notary Public,
personally appeared F I Ip en, peMember of Black L I, U.C, and unim,mi to me to be a member or designated agent of the limited
liability company Met executed Me ASSIGNMENT OF RENTS and acknowledged the Assignment to be the free and voluntary act and dead
of the limited liability company, by authority of statute, Its articles of organization or its operating agreement, for the uses and purposes
therein mentioned, and on oath stated that he or she is authorized to execute this Assignment and In fad ezecutetl Me Assignment on
bah@1�Hof the limited Iiebllily company. ����,,"
By 11� 1YL�' Q Residing at llwv CQ.1n(Yh,
Notary Public In and for tha Stan of l d eCkQn My commisslon expires '1 1017
LaserPro. er. 17..10.015 Copr. D,H A Corporation 1997. 20 7. All Rights Reserve . -0)11 C:IHFSU.PLICF 14.FC
TR -10072395 PR -573
9
AFTER RECORDING RETURN T0:
CASCADE TITLE COMPANY
811 WILLAMETTE ST., EUGENE, OR 97401
CY 030150
Pmn-Ty10 NR
UCC FINANCING STATEMENT
FOLLOW INSTRUCTIONS
SEND ACKNOvNEOGMENT TO. (NdNMXq APirC%)
Columbia State Bank
25977 SW CANYON CREEK RD, SUITE J
Wilsonville, OR 97070
L
1. DEBTOR'S NAME: Mornme any some Oeaa name
name xis oma a N me 1e, reeve an a any 1 dank she
Black Label. LLC
Lane County Clerk
Lane County Deeds and Records IVI11V4INC
IIIIIIIIIIIIIIIIIIIIIIIIIIII IIII111111I111111111 $52,00
01670985201700419380020028
06/24/2011 01:1429 PM
RPR—MTG Cnt=1 Stn=9 CASHIER 11
$10.00 $10.00 $11.00 $21.00
I
mass , or aOMevble alr/ had o1 Ne UMbls name), of any pan Of M iMMWaI Seems
,r Ynwmans n or I@m 10 of OM Unanerm 9Wemem A6]enden IFmm UCC VL)
N
1 11,. W D IVIOVALS SU MAME
"N"YLX](IXAL XAMt
AOORIONPL NAMEISIIINrtVW51
SUFFIX
le, MNUNGAOORESS
CDY
STALE
POTIUL Oo E
COL.
79 Centennial Loop
Eugene
OR
97401
USA
2. DEBTOR'SNAME vmvNe OnM Wfl Oeaor Tame W a IDI Mse wK fMI wne; ao nd onvt, mmlry, arabelOylaM any pyla Ne DetMs,lamel; na,y pan aNe xwnauM Oeaas
na,ne.Ax,ole N ene xh, Ieae mI alRm x ma,x, rneex nere Fl vM novneve Immua ceanrmMmNeon.n Ilem 1s ova Nmnenp svemem AM1amlun IFmn uecAel
7
ID INDIVIDUALS SOlosto
I FIR5T F£RSONAL NAME
AODITIMAL NAMFISYINRW(SI
SIIFFLL
2c. MAIDNGAODRES9
CITY
STATE
POSTPLCOM!
GOVNTRY
ossis
3. SECURED
PARTY'SNMAE(VN EOIASSIGNEEMASSIGNORSECUREDPARI ) RON00 9aWRtl Poly reme (Jaa341
]a. ORG9NIUTION'S NAME
Columbia State Bank
OR
k, lNOrvlGu '9 suRNAME
11RST PENso t NA
ADDITIpUL nPME(SmiTNtlsl
SUFFIX
Jc. MAILING ADOR[53
1005 Green Acres Rd, Ste 701
CITY
Eugene
STATE
OR
PQSTAL CODE
97408
COVNTRV
USA
ULLAlf: PL: This M1nan[Ifp ftlb111M1 CevINe NB bbweg neramorm
The Land and Improvements together with all Fixtures now or hereafter owned by Debtor and attached or affixed
to the Land or Improvements. The Real Property located at: 720 35th Street, Springfield, OR 97478
Tax Account #: 1654639.
FILING OFFICE COPY— UCC FINANCING STATEMENT(Fonn UCCU Rey. 04120)11) 1D20SW Broaaway, 9MXe 100, PonlanO, OF
972014611
UCC FINANCING STATEMENT ADDENDUM
FOLLOW INSTRUCTIONS
9. NM1t DY F MINI DENIOR: Soman Yre 120f lb on FeegareS Mord; gift 1Lwx MIIdaA
bttalee Indra , O♦Llu name J14 nd ll, Or. Fore 1
Black Label, LLC
10, DLU I UK J RNME Pmvee FGr m tObj onNdred Wroonel O ttr reme a DRGS name mal de No
W M well doxi Or dRovik m pan of Ne DENOR none) end a er Ne mieft aNme In Me 10C
OR
1W I.Iv.5511RN.F
INDNIOUPL'S FIRST PERSONA NM.1E
INDIVIDUALS ADORIONA NAMERIANITML(S)
SUFFIX
loo .M UNGA0ORE5S CII"
STATE
POST0.00DE
COLNTRY
11.[7
ADDITIONAL SECURED PARTY'S NAME W ASSIGNOR SECURED PARTY'S NAME: P,mrdemN[ygmmeDftrilj
1" ORGM'RATIOMS NPME
OR
110.INONIGUAL'S SURNAME
FlRSi PLRSONA HNIE
AOOITIVNA HPME(SVNITWL(Sj
--IS
IR, SINLNG AGDRESS
CITY
STATE
PoSTM CODE
COUNTRY
12. ADDITIONAL SPACE FOR ITEM d (Collate2lj
0 L6 INa t'INwUn ..i ,.no l 5 re oe no. er—I Or awaeo, IT On. In, in,, H—g-Ina s l n lexlen,.
REAL ESTATE RECORDS CII gionablel
(d.1 does n, laves N. n .N -
17 MISCELLANEOUS.
Parcel 1, Land Partition Plat No. 2000-P1408, Lane County
Deeds and Records, in Lane County, Oregon.
FILING OFFICE COPY— UCC FINANCING STATEMENT ADDENDUM (Form UCC1Ad) (Rev 0420111) �jpO 4W aroaPxay, Sode too, Portland, OR
873013411