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HomeMy WebLinkAboutDeed APPLICANT 8/30/2021FIRST (D7 7C) RtczzrdedbY I i 107 wyy. �dwn rotayme asa GRANTOR: Maffbacido�rug�ja 1d",•snrtcleley, River Housing, LLC GRANTEE: Rid yevlew Gardens, LLC 7070 SW Baylor St. Lane County Clerk 2021-046100 Portland OR 97223 Lane County Deeds & Records 07/12/202102:08:34 PM Return to: RPR-DEED LTt=1 Sn1=B CASHIER 12 2pages Ridview Baylor St. view Gardens, LLC 7070 smoo s1 too sto.00 aet og $92.00 Portland OR 97223 Until a change is re%ested, all tax statements shall be sent to the foliming address: Ridggevie. Gardens, LLC 707D SW Ba for St. Portland OR 97223 STATUTORY BARGAIN AND SALE DEED River Housing, LLC, Grantor, conveys to Ridgeview Gardens, LLC, Grantee, the following real property described as: A portion of the property described in a Warranty Deed conveyed to Northwest Community Credit Union, recorded on August 31, 2004 in Document No. 2004068897, Official Records of Lane County, Oregon and being more particularly described as fellows: Commencing at a point on the North line of the McKenzie Highway, North 89" 44' West a distance of 975.0 feet from the point of intersection of said North line of Highway with the East line of the A.W. Hattori Donation Land Claim No. 38, Township 17 South, Range 2 West of the Willamette Meridian, said intersection being. South 00 29'34" West a distance of 1222.65 feet from the Northeast comer of said Donation Land Claim No. 38, thence along the North line of the McKenzie Highway, South 890 44'00" East a distance of 122.00 feet to the True Point of Beginning; thence leaving the North fire of the McKenzie Highway, North 00 29' 34" East a distance of 205.00 feet; thence North 890 44' OO" West a distance of 238.24 feet; thence North 00 29' 34" East a distance of 281.15 feet to the center of an irrigation ditch; thence along said centerline; South 710 15'00" East a distance of 122.40 feet; thence continuing along said ditch, South 720 22' 07" East a distance of 242.78 feet; thence leaving said ditch, South 00 29' 34" West a distance of 169.88 feet; thence North 89- 44'00" 9044'00" West a distance of 70.00 feet; thence South 00 29' 34" West a distance of 205.00 feet to a point on the North line of the McKenzie Highway; thence along said North line, North 890 44 00" West a distance of 40.00 feet to the true point of beginning, all in Springfield, Lane County, Oregon. (map no: 17-02-33-32-03800) The true consideration for this conveyance is $1,620,000. The actual consideration consists of or includes other property or other value given or promised, which other property or value is either part or the whole consideration. 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 S 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 NEIGH80RING 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. Dated \ a day of July, 2021 Glen Remington. H r STATE OF OREGON COUNTY OF L.EiwV� The foregoing instrument was acknowledged before me this \—A day of July, 2021 by Glen Remington. }7®Ler of 111ver Hoosimg LLC. OFPICIAL,STAMP Not Public State of Oregon WAWA MIRARMALE(MTDEII My commission expires: \•30.6064 NOTARYPUBIX-OREWR commalsIUN N0.996505 MY CdAMISSON EXPIRES JANUARY S0. 2024 FjTSf Ameiican Order No.: 7191-3791785 August 02, 2021 Firs meacan Tide lenmence Company 28920eecent Avenue Eugene, OR 97408-7397 Phn-(541)484-2900 Fax -(877)783-9167 FOR QUESTIONS REGARDING YOUR CLOSING. PLEASE CONTACT: MEAGAN ALEXANDER, Escrow Officer/Closer Phone: (541)465-8766 - Fax: (877)783-9167- Email:MAlexander@frstam.com First American Title Insurance Company 2892 Crescent Avenue, Eugene, OR 97408-7397 FOR ALL QUESTIONS REGARDING THIS PRELIMINARY REPORT. PLEASE CONTACT: Alex Manwill, Title Officer Phone: (541)484-2900 - Fax: (877)783-9167 - Email: amanwill@fimtam.com Preliminary Title Report This report is for the exclusive use of the parties herein shown and is preliminary to the issuance of a title insurance policy and shall become void unless a policy Is Issued, and the full premium paid. Please be advised that any provision contained in this document, or in a document that is attached, linked or referenced in this document, that under applicable law illegally discriminates against a class of individuals based upon personal characteristics such as race, color, religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or any other !egally protected class, is illegal and unenforceable by law. 2006 ALTA Owners standard Coverage ❑ability $ Premium $ 2006 ALTA Owners Extended Qwmge liability $ Premium $ 2096 ALTA Lender55tandard Coverage ❑ability $ Premium $ 2006 ALTA Lenders Extended Caverage Liability $ 1,000.00 Premium $ 260.00 SMR Endorsement 9.10, 22 Premium $ 100.00 Govt Service Charge Cast $ 5,00 Omer cast $ Proposed Insured Lender: Lender To Be Determined Proposed Borrower: Ridgeview Gardens, LLC We are prepared to issue Title Insurance Policy or Policies of First American Title Insurance Company, a Nebraska Corporation in the form and amount shown above, insuring title to the following described land: The land referred to in this report is described in Exhibit A attached hereto. and as of July 27, 2021 at 8:00 a.m., title to the fee simple estate is vested in: Ridgeview Gardens, LLC Subject to the exceptions, exclusions, and stipulations which are ordinarily part of such Policy form and the following: Preliminary Report ONer No.: 7191-3791785 Page 2 of 10 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records; proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2. Facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the land or by making Inquiry of persons in possession thereof. 3. Easements, or claims of easement, not shown by the public records; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. 4. Any encroachment (of existing improvements located on the subject land onto adjoining land or of existing improvements located on adjoining land onto the subject land), encumbrance, violation, variation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the subject land. 5. Any lien, or right to a lien, for services, labor, material, equipment rental or workers compensation heretofore or hereafter furnished, Imposed by law and not shown by the public records. The exceptions to coverage 1-5 inclusive as set forth above will remain on any subsequently issued Standard Coverage Title Insurance Policy. In order to remove these exceptions to coverage in the issuance of an Extended Coverage Policy the following items are required to be furnished to the Company; additional -exceptions to coverage may be added upon review of such information: A. Survey or alternative acceptable to the company B. Affidavit regarding possession C. Proof that there is no new construction or remodeling of any improvement located on the premises. In the event of new construction or remodeling the following is required: I. Satisfactory evidence that no construction liens will be filed; or ii. Adequate security to protect against actual or potential construction liens; iii. Payment of additional premiums as required by the Industry Rate Filing approved by the Insurance Division of the State of Oregon 6. Water rights, claims to water or title to water, whether or not such rights are a matter of public record. 7. Taxes for the fiscal year 2021-2022 a lien due, but not yet payable 8. City liens, if any, of the City of Springfield. 9. The rights of the public In and to that portion of the premises herein described lying within the limits of streets, roads and highways. 10. An easement reserved in a deed, including the terms and provisions thereof; Recorded: November 18, 1940 as Book 207, Page 300, Deed Records of Lane County, Oregon From: Nellie Riggs To: J.M. Daley, at ux For: irrigation ditch Affects: None shown Fx#Amerkan rNe Preliminary Report Order No.: 7191-3791785 Page 3 of 10 11. Easement, including terms and provisions contained therein: Recording Information: January 30, 1942 as Book 227, Page 124, Deed Records of lane County, Oregon In Favor of: The City of Eugene, Oregon, a municipal corporation, by and through the Eugene Water Board For: right of way 12. Highway Construction Permit, Including terms and provisions thereof. Recorded: May 16, 1966, Reception No. 47492 and 47493 13. Declaration of Easement, Including terms and provisions thereof. Recorded: February 08, 2006 as Instrument No. 2006-008767 14. Easement, including terms and provisions contained therein: Recording Information: February 08, 2006 as Instrument No. 2006-008769 In Favor of: City of Springfield, a municipal corporation, acting by and through its Springfield Utility Board, and unto its successors and assigns For: to place, construct, operate, repair, maintain, relocate, and replace therein an overhead electric distribution and telecommunication lines 15. Restrictive Covenant Agreement, including terms and provisions thereof. Recorded: January 25, 2021 as Instrument No. 2021-005199 16. Any conveyance or encumbrance by Ridgeview Gardens, LLC should be executed pursuant to their Operating Agreement, a copy of which should be submitted to this office for inspection. 17. Unrecorded leases or periodic tenancies, if any. END OF EXCEPTIONS - NOTE: We find no judgments against the vestee herein, unless shown as a numbered exception above. NOTE: Taxes for the year 2020-2021 PAID IN FULL Tax Amount: $2,835.27 Map No.: 17-02-33-32-03800 Property ID: 0135671 Tax Code No.: 01900 NOTE: This Preliminary Title Report does not include a search for Financing Statements fled in the Office of the Secretary of State, or in a county other than the county wherein the premises are situated, and no liability is assumed if a Financing Statement Is filed in the Office of the County Clerk covering Fixtures on the premises wherein the lands are described other than by metes and bounds or under the rectangular survey system or by recorded lot and block. NOTE: According to the public record, the following deeds) affecting the property herein described have been recorded within 24 months of the effective date of this report: Special Warranty Deed recorded January 25, 2021 as Instrument No. 2021-005198, Northwest Community Credit Union to River Housing, LLC. Statutory Bargain and Sale Deed recorded July 12, 2021 as Instrument No. 2021-046100, River Housing, LLC to Ridgeview Gardens, LLC. FWAnren ,Toe Preliminary Report Order No.: 7191-3791785 Page 4 of 10 NOTE: We find no outstanding voluntary liens of record affecting subject property. An inquiry should be made concerning the existence of any unrecorded lien or other indebtedness which could give rise to any security interest in the subject property. Situs Address as disclosed on Lane County Tax Roll: Not Yet Assigned, Springfield, OR 97478 THANK YOU FOR CHOOSING FIRST AMERICAN TITLE! WE KNOW YOU HAVE A CHOICE! FrstamMrao The Reliminary RepoK RECORDING INFORMATION Order No.: 7191-3791735 Page 5 of 10 Filing Address: First American Title Insurance Company of Oregon Attn: Recorder 2892 Crescent Ave Eugene, OR 97408 Typical Recording Fees: $ 87.00per first page (most documents) $ 5.00 per additional page $ 5.00 Der document e-recordino fee NO I t: An Aciamonal tee or $2u may De Imposeo Dy the county LierK it a I recording fails to meet the requirements established by ORS Chapter 205. cc: Ridgeview Gardens, LLC r>r—=111r rn Preliminary Report Exhibit "A" Real property in the County of Lane, State of Oregon, described as follows: Order No.: 7191-3791785 Page 6 of 10 A portion of the property described In a Warranty Deed conveyed to Northwest Community Credit Union, recorded on August 31, 2004 in Document No. 2004-068897, Official Records of Lane County, Oregon and being more particularly described as follows: Commencing at a point on the North line of the McKenzie Highway, North 890 44' West a distance of 975.0 feet from the point of intersection of said North line of Highway with the East line of the A.W. Hammit Donation Land Claim No. 38, Township 17 South, Range 2 West of the Willamette Meridian, said intersection being South 0° 29' 34" West a distance of 1222.65 feet from the Northeast corner of said Donation Land Claim No. 38; thence along the North line of the McKenzie Highway, South 89" 44' 00" East a distance of 122.00 feet to the True Point of Beginning; thence leaving the North line of the McKenzie Highway, North 0° 29' 34" East a distance of 205.00 feet; thence North 890 44' 00" West a distance of 238.24 feet; thence North 0° 29' 34" East a distance of 281.15 feet to the center of an irrigation ditch; thence along said centerline; South 71° 15' 00" East a distance of 122.40 feet; thence continuing along said ditch, South 72° 22' 07" East a distance of 242.78 feet; thence leaving said ditch, South 0° 29' 34" West a distance of 169.88 feet; thence North 89° 44' 00" West a distance of 70.00 feet; thence South 0° 29' 34" West a distance of 205.00 feet to a point on the North line of the McKenzie Highway; thence along said North line, North 890 44'00" West a distance of 40.00 feet to the true point of beginning, all in Springfield, Lane County, Oregon. NOTE: This legal description was created prior to January 1, 2008. f/rstA okao no, Preliminary Report Order No.: 7191-3791785 Page 7 of 10 First American Title Insurance Company SCHEDULE OF EXCLUSIONS FROM COVERAGE ALTA LOAN POLICY (06/17/06) fie hide,,mg matters are myleady inatuded Roper Me muemge of ii polity, and Me CamFa^y will not gay los or damage, corns, almmeys' tees, or rhos as this[ ales W reran of: 1. (a) Any law, wdinanm, mrni Or governmental regulatan (Including those relating m lending and zoning) restrain,, regulation, prohibiting, or (ii) MetllamcN dimes ms,orlaatim Nanylmprmementer WonMeland; (III) Me MdAysan m and;w (Iv) envlmnmental pm@cbm; w Me effect of any violation M Mese bws, aNinarcq or gowammaral regulations. This Eudusbn 1(a) does not modify or time Me coverage pmvlded under Covered Risk S. (b) Any gwemmalal police power. This Exduslon l(b) does not modify or limit Me mver' a pmrided under Cayered Risk 6, 2, Right N emteltt domain. This Erclumlon does hour modify or limit Me mrerege providetl untler Covered Risk 7 Or 8. 1 Wish here. wasim6anroc. Mrwm -him, ,nMe, malw.v to) nor Recover On me Company, not RTLYGeI In the would RE¢vds at Cale of Reidy, Wt Known to the Insured Claimant and not datlpesd In wrong m Me Company by Me Insured Claimant prior to Me date the Insured Claimant became an Insured under this polity; (c) resul8ng in oro bss wr mage m the Insured caiman; (d) aMaTtq or cheated wbsepuent to Date of Randy(Iwwrver, this does Ica Randy or IimR Me cowgirl mended under Covered Risk 11, 13, or 14); Or (e) mm. nknginiazorNmgethatmuMmtNub susalnedff MinsumticaimanthMmidvaluemr Melnsured Mmtgage. 4. Uloecmrreablllry pf ted rico of Me losswatl Mortga,e because of Ye indlity pr allure Man Inwretl m comply coot applicable doing -business laws of Me safe when, the Land Is 9memo. S. Inrallim, or vienmmeability in whole or N part of Me Ion of Me Insured Mortgage Mat arises out Of Me taysac6on evidenced by Me Inured Mortgage and is baud upon usury Or any consumer a eco poughbon or truth -m -lending law. 6. Any Nim, by reason of tie operabm of fedeml bankruptcy, sale Inmlvenw, Or similar credimrs right law; Mei Me ba secton creating Me on of the ➢sued Manage, a (a) ofraudulentmnveyancearfmudulentbanser,or (b) aprefcrential transfer for any reason not stand in Coaxed Risk 13(b) M me polity. 7. AM lien on Me Tide for mal eaate Rome or somemei6 Imposed by gMednmedibl sumenty and crested or affMhing bMvnen Dae of Policy and the data of pool of Me Insured! Mortgage In Me Public Recces. This ExcWsbn does not nwgify er limit Me coverage provided untler Cowered Risk 31(b). ALTA OWNERS POLICY (06/17/06) The following mations are expreedy a eddid from Me cawaege of Mis fell antl to Company will not pay loss or damage, costs, commove fees, or expenses Mat arse by reach OR 1. (a) Ary eco, oNaane, paI Or gortmmenal zeTul Yon (Including Mrae mWfvg b bulking and zoning) rabiSing, moulding, pmbibiunc, or sing to (i) theocovpancy,ua,orenaymentol Meland; 00 the clgmcled, dimensions, or lombon OFany Imp-oremeM dredged m Me Land; or the eRell of any wagon N thea laws, omaamxs, o- gavemrlmal mouaton. This Ezolusbn 1(a) does not modify o- limit Me coverage prodded under Cooked! Risk 5. (b) Airy govenmernal police power. This Fxcbsim l(b)tices nM modlfyo-limilthemvaage pmvkled under Covoretl risk fi. 2. leges of eminent dramin. This Excluskn Ideas nu mndify o- emitted tureens crowded emor Covered busk 7 or 8. 3. gefects, liens, anmmbmnms, ad+erse Nuns, or ander malteds (a) cheaatl, summer, assumed, or agreed to by the Insured Claimant; (b) not Knozen to Me Comoerry, nu recorded in Me Public Rends M Dae of Policy, but Known m the Iwmed Claimant and not disclosed In writing m Me Company "a ensured caimant prior a the case Me Insured Claimant become an Insured under this polity; (c) resulting in no has or damage m ted Insured ❑aiment) (d) a esching or would] wbsecuent Is Pate d Pu ley powidwer, ther does cat mad"limit the coverage pmWded under Covered Risks 9 and 10); or (e) hesulfirg in as or damage Mat would net rude bead wsained if the Insured Claimant had pad value for the Tips. 4. My claim, by reason of the opeatan 0 mdeml Ignkvupky, sate Inmlvery, Or similar credlmrs' rights laws, that the trummemn weds, the Title as shwm in Emedub A, is (a) a fmuduleu conveyances Or fraudulent transfer; o- s. Aw re, on auMaky and cral or machine between gsa of Porky and Me t vests IMP as shorn in Schedule A. 1. Taus or assessments which are net shown as easing loos "A records of any akn, autho, Pt Was axes or assessment on real property or by Me Public odsornia rewocy rding, athapublokag�my which my result in am or assessment, or names of such prommings, whether a not shown 2 Parts, mi Interest diMime which are lick Mown by Me public records but which could he asmrained by an inspection of Me land o- by making inquiry of person In pouessine Mere M. 3. Eaumens, or Nims of eaament,not shown by Me Public records; reservations or erections on patent Or in Pits authorizing Me issuance therein; water unit, ciaimeOr are to waar. 4. Any em pachngnt (orf existing improvement betted on the subject and alto adpaing land or of adding improvement located on Widining lend onto be subject and), esumbmnce, aboldr n, widened, or advert dreu gMwde affecting Me Ma that would be dtclosed by an amumce antl mmplee lard survey of Me subject and. 5. Any lien" or right m alien, for urvioes, labor, material, equipment renal or worYem Com unatlon hemodare or hereafter furni4red, imposed by aw antl not shown by Me Public records. Ill ASVE ENCOINOFTIEPOUaPoM(ORr-0RMS)WILLBEFURNISHEDUPoNREQUEST T1149 Rev. 722-0 Flrs ,bhviil Title FirstAmerfcan ride s� Privacy Notice Effective: October 1, 2019 Notice Last Updated: January 1, 2021 This Privacy Notice describes how First American Financial Corporation and its subsidiaries and affiliates (together referred to as "First American," 'we," "us," or "our") tolled, use, store, and share your information. 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NYSE:FAF orm 10-PRIVACY20 (12-18-20)age 1 of 2 Privacy Notice (2020 First Amenon Financial Corporation) En lis ' FirstAmerican Tide' For California Residents If you are a California resident, you may have certain rights under California law, including but not limited to the California Consumer Privacy Act of 2018 ("CCPA'). All phrases used In this section shall have the same meaning as those phrases are used under California law, including the COPA. Riaht to Know. You have a right to request that we disclose the following information to you: (1) the categories of personal information we have collected about or from you; (2) the categories of sources from which the personal Information was collected; (3) the business or commercial purpose for such collection and/or disclosure; (4) the categories of third parties with whom we have shared your personal information; and (5) the specific pieces of your personal information we have collected. To submit a verified request for this information, go to our online privacy policy at www.flrstam.com/pdvacy-policy to submit your request or call toll-free at 1-866-718-0097. You may also designate an authorized agent to submit a request on your behalf by going to our online privacy policy at www.firstam.com/privacy-policy to submit your request or by calling toll-free at 1-866-718-0097. Right of Deletion. You also have a right to request that we delete the personal information we have collected from and about you. This right is subject to certain exceptions available under the COPA and other applicable law. To submit a verified request for deletion, go to our online privacy policy at www.firstam.com/privacy-policy to submit your request or call toll-free at 1-866-718-0097. 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NYSE:FAF rm 10-PPIVACY20 (12-18-20)age 2 of 2 Privacy Notice (2020 First Amencan Financial Corporation) En li has. 3800 I • /S3, WEST s 1.98 AC i 4303 0.26 AC 1 1 I NSS I 1 3701 I � I e 5.39721- 1 sa ' 3700 1 9 i m W 1 pa 116 424- 70, SBA 1 3900' 3600 1.12AC 3801 1 I 1 1 1 N3 i N a x„ 3500 I N I I f e I N � ParcelID: 0135671 FirstAmericaR Title Tax Account #:1102333203800 5050 Main St, Springfield OR 97478 This map/plat is being furnished as an aid in locating the herein described land in related 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.