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HomeMy WebLinkAboutApplication Applicant 5/24/2023 (2)ma PRELIMINARY TITLE REPORT ISSUED CASCADE ESCROW May 17, 2022 ATTN: SILL CRAMER Report No: 0333540 4750 VILLAGE PLAZA LOOP, SUITE 100 Your No: VP22-0368 EUGENE, OR 97401 Seller: SANDERSON/STREET Buyer: OXWOOD PROPERTIES A STREET, LLC PRELIMINARY REPORT FOR: Owner's Standard Policy $265,000.00 PREMIUMS: Owner's Standard Premium Gov. Lien/Inspect Fee $063.00 $35.00 We are prepared to issue 2006 (6/17/06) ALTA title insurance policy(les) of OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, in the usual form insuring the title to the land described as follows: Vestee: ( A T T A C H E D) OXWOOD PROPERTIES A STREET, LLC, an Oregon Limited Liability Company Estate: FEE SIMPLE DATED AS OF: MARCH 18. 2022 at 10:55 A.M. Schedule B of the policy(les) to be issued will contain the following general and special exceptions unless removed prior to issuance: GENERAL EXCEPTIONS (Standard Coverage Policy Exceptions): 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. 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. No liability is assumed hereunder until policy has been issued and full policy prenuum has been paid. MAIN OFFICE FLORENCE OFFICE VILLAGE PLAZA OFFICE 811WR,LAIv1=SM 715 NWY 101' FLORENCE OREGON 97439 47% VR,LAGE PLAZA LOOP SUITE 100 EUGENE, OREGON 97401 MAI G: PO BOX 508" FLORENCE OREGON 97439 EUGENE, OREGON 97401 PB: (541) 6872233' FAX: (541)1854)307 FII: (541)997-M17•FAX: (541 978246 FII: (591)653-8622•FAX: (541)844-1626 Order No. 0333540 Page 2 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the 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. SPECIAL EXCEPTIONS: 6. Any improvement located upon the insured property which is described or defined as a mobile home under the provisions of Chapters 803 and 820, Oregon Revised Statutes and is subject to registration as provided therein. 7. Easement, including the terms and provisions thereof, granted for electric distribution line 7 feet along South side, by instrument recorded August 5, 1997, Reception No. 1997-052775, Lane County Official Records. (Parcel 2) B. Easement, including the terms and provisions thereof, granted for electric distribution line 7 feet along South side, by instrument recorded August 5, 1997, Reception No. 1997-052776, Lane County Official Records. (Parcel 1) 9. Broadband Easement and Right of Entry Agreement, including the terms and provisions thereof, between Patricia Delong Enterprises and TCI Cablevision of Oregon, Inc., recorded April 16, 2002, Reception No. 2002-029581, Lane County Deeds and Records. NOTE: The property address as shown on the Assessor's Roll is: 7388 6 7406 Main Street Springfield, OR 97478 NOTE: Taxes, Account No. 1276912, Assessor's Map No. 17 02 35 4 2, 4200, Code 19-00, 2021-2022, in the amount of $1,154.09, PAID IN FULL. Taxes, Account No. 4097190, Assessor's Map No. 17 02 35 4 2, 9200, Code 19-00, 2021-2022, in the amount of $314.11, PAID IN FULL. (Manufactured Structure Account) Taxes, Account No. 1367190, Assessor's Map No. 17 02 35 4 2, 4202, Code 19-00, 2021-2022, in the amount of $661.01, PAID IN FULL. NOTE: A judgment search has been made on the above named Vestee (s) , and we find NONE except as set forth above. NOTE: As of the date hereof, there are no matters against OXWOOD PROPERTIES A STREET, LLC, AN OREGON LIMITED LIABILITY COMPANY, which would appear as exceptions in the policy to issue, except as shown herein. NOTE: This report is being emended to update the buyer, underwriter and the judgment search note. This report is preliminary to the issuance of a policy of title insurance and shall become null and void unless a policy is issued and the full premium paid. Cascade Title Co. Order No. 0333540 Page 3 at: Title Officer: KURT BEATY Order No. 0333590 Page 9 PROPERTY DESCRIPTION PARCEL 1: Beginning at a point on the North margin of McKenzie Highway being North 3010.92 feet and East 862.62 feet from the Southwest corner of the S. Looney Donation Land Claim No. 85 in Township 18 South Range 2 West of the Willamette Meridian; thence North 900.33 feet; thence East 195.89 feet; thence South 360.00 feet to the North margin of McKenzie Highway; thence along said North margin South 78° 22' 00" West 200.00 feet to the point of beginning, in Lane County, Oregon. EXCEPT: That portion platted in BEANIE ACRES, as platted and recorded in File 73, Slide 362, Lane County Oregon Plat Records, in Lane County Oregon. ALSO EXCEPTING: Beginning at a point on the North margin of McKenzie Highway being North 3010.92 feet and East 862.62 feet from the Southwest corner of the S. Looney Donation Land Claim No. 85, in Township 18 South, Range 2 West of the Willamette Meridian; thence North 150 feet; thence North 78° 22' East 125.0 feet; thence South 150 feet to the North margin of McKenzie Highway; thence along said North margin South 78° 22' West 125.0 feet to the point of beginning, in Springfield, Lane County, Oregon. PARCEL 2: Beginning at a point on the North margin of McKenzie Highway being North 3010.92 feet and East 862.62 feet from the Southwest corner of the S. Looney Donation Land Claim No. 85, in Township 18 South, Range 2 West of the Willamette Meridian; thence North 150 feet; thence North 78 ° 22' East 125. 0 feet; thence South 150 feet to the North margin of McKenzie Highway; thence along said North margin South 78° 22' West 125.0 feet to the point of beginning in Springfield, Lane County, Oregon. iiimniniiumnii ma PRELIMINARY TITLE REPORT issued CASCADE ESCROW August 31, 2022 ATTN: SILL CRAMER Report No: 0334916 4750 VILLAGE PLAZA LOOP, SUITE 100 Your No: VP22-0819 EUGENE, OR 97401 Seller: BRISTOL Buyer: OXWOOD PROPERTIES: A STREET PRELIMINARY REPORT FOR: Owner's Standard Policy $105,000.00 PREMIUMS: Owner's Standard Premium Gov. Lien/Inspect Fee $463.00 $35.00 We are prepared to issue 2006 (6/17/06) ALTA title insurance policy(les) of OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, in the usual form insuring the title to the land described as follows: Beginning at a point on the North boundary line of the McKenzie Highway 200 feet North 78° 22' East from a point which is 13.07 chains East and 45.62 chains North of the Southwest corner of the James C. Looney Donation Land Claim No. 54 in Township 17 South, Range 2 West of the Willamette Meridian, from said beginning point run North 150.0 feet; thence North 78 ° 22' East 194. 0 feet; thence South 150.0 feet to said North right of way line; thence South 78° 22' West along said right of way line 194.00 feet to the place of beginning, in Lane County, Oregon. Vestee: OXWOOD PROPERTIES A STREET, LLC, an Oregon Limited Liability Company Estate: FEE SIMPLE DATED AS OF: JULY 06, 2022 at 12:53 P.M. Schedule B of the policy(les) to be issued will contain the following general and special exceptions unless removed prior to issuance: GENERAL EXCEPTIONS (Standard Coverage Policy Exceptions): 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. No liability is assumed hereunder until policy has been issued and full policy prenuum has been paid. MAIN OFFICE FLORENCE OFFICE VILLAGE PLAZA OFFICE 811WR,LAIv1=SM 715 NWY 101' FLORENCE OREGON 97439 47% VR,LAGE PLAZA LOOP SUITE 100 EUGENE, OREGON 97401 MAI G: PO BOX 508" FLORENCE OREGON 97439 EUGENE, OREGON 97401 PB: (541) 6872233' FAX: (541)1854)307 PH: (541)997-M17•FAX: (541 978246 PH: (591)653-&a2•FAX: (541)844-1626 Order No. 0334916 Page 2 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, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the 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. SPECIAL EXCEPTIONS: 6. Property taxes in an undetermined amount, which are a lien but not yet payable, including any assessments collected with taxes to be levied for the fiscal year 2022-2023. 7. Right of way for power line, including the terms and provisions thereof, granted to the City of Eugene, Oregon, by Deed recorded September 16, 1909, Reception No. b085 p021, Lane County Oregon Deed Records. NOTE: The property address as shown on the Assessor's Roll is: 7424 Main Street Springfield, OR 97478 NOTE: Taxes, Account No. 0142842, Assessor's Map No. 17 02 35 4 2, 4300, Code 19-00, 2021-2022, in the amount of $791.97, PAID IN FULL. NOTE: A judgment search has been made on the above named Vestee (s) , and we find NONE except as set forth above. NOTE: As of the date hereof, there are no matters against OXWOOD PROPERTIES A STREET, LLC, AN OREGON LIMITED LIABILITY COMPANY, which would appear as exceptions in the policy to issue, except as shown herein. This report is preliminary to the issuance of a policy of title insurance and shall become null and void unless a policy is issued and the full premium paid. Cascade Title Co. kc/rh: Title Officer: KURT BEATY Order No. 0334916 Page 3