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Home My WebLink AboutApplication Applicant 3/27/2024 (2)Produced using RLID (www.rlid.org) on 01/29/2024 at 3:50 PM Produced using RLID (www.rlid.org) on 01/29/2024 at 3:50 PM Produced using RLID (www.rlid.org) on 01/29/2024 at 3:50 PM Produced using RLID (www.rlid.org) on 01/29/2024 at 3:50 PM Produced using RLID (www.rlid.org) on 01/29/2024 at 3:50 PM No liability is assumed hereunder until policy has been issued and full policy premium has been paid. MAIN OFFICE 811 WILLAMETTE ST. EUGENE, OREGON 97401 PH: (541) 687-2233 * FAX: (541) 485-0307 FLORENCE OFFICE 715 HWY 101 * FLORENCE, OREGON 97439 MAILING: PO BOX 508 * FLORENCE, OREGON 97439 PH: (541) 997-8417 * FAX: (541) 997-8246 VILLAGE PLAZA OFFICE 4750 VILLAGE PLAZA LOOP SUITE 100 EUGENE, OREGON 97401 PH: (541) 653-8622 * FAX: (541) 844-1626 PRELIMINARY TITLE REPORT CASCADE ESCROW December 20, 2022 ATTN: NADJA JUDISH Report No: 0337860 811 WILLAMETTE STREET Your No: EU22-2591 EUGENE, OR 97401 Seller: STRAUB FAMILY TRUST Buyer: HT INVESTMENT PROPERTIES, LLC PRELIMINARY REPORT FOR: Owner's Standard Policy $3,750,000.00 PREMIUMS: Owner's Standard Premium $6,225.00 Gov. Lien/Inspect Fee $35.00 We are prepared to issue 2006 (6/17/06) ALTA title insurance policy(ies) of OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, in the usual form insuring the title to the land described as follows: ( A T T A C H E D ) Vestee: JAMES MICHAEL STRAUB AND CARLENE MARIE STRAUB, Trustees of the JIM & CARLIE STRAUB FAMILY TRUST dated June 4, 2014, for the benefit of JAMES MICHAEL STRAUB as to Parcel 1, and JAMES STRAUB & CARLENE STRAUB as Trustees of the JIM & CARLIE STRAUB FAMIY TRUST Dtd 06/04/2014 as to Parcel 2 Estate: FEE SIMPLE DATED AS OF: DECEMBER 12, 2022 at 8:00 A.M. *0337860 * Order No. 0337860 Page 2 Schedule B of the policy(ies) 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. 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. City liens, if any, as levied by the City of Springfield, for which no search was made. (Please inform us if a search is to be made.) 7. As disclosed by the tax rolls, the premises herein described have been zoned or classified for farm use. At any time that said land is disqualified for such use, the property will be subject to additional taxes or penalties and interest. 8. Rights of the public in streets, roads and highways. (Parcel 1) 9. Any claim based upon the assertion that: Said land or any part thereof is now or at any time has been below the ordinary high water mark of the Eugene-Springfield Land and Water Company irrigation canal. Some portion of said land has been created by artificial means or has accreted to such portion so created. Some portion of said land has been brought within the boundaries thereof by an avulsive movement of the Eugene-Springfield Land and Water Company irrigation canal, or has been formed by an accretion to any such portion. (Parcel 2) 10. Easement, including the terms and provisions thereof, granted Eugene-Springfield Land & Water Company, by instrument recorded April 13, 1936, Reception No. B185 P400, Lane County Oregon Deed Records. (Parcel 2) 11. Access in and to Parcel 2 is predicated upon the fact of common ownership with Parcel 1, adjacent on the North. Any conveyance of the adjacent property without reservation of an easement for ingress and egress appurtenant to said Parcel 2 will result in lack of access. 12. Discrepancies, conflicts in boundary lines, shortage in area, encroachments or any other facts which a correct survey would disclose. (Parcel 2) Order No. 0337860 Page 3 13. Our examination of the title to the subject property discloses no open Trust Deeds or Mortgages of record. The accuracy of this conclusion should be confirmed in writing prior to closing of the proposed transaction. 14. The terms, provisions, rights of the beneficiaries, and powers of the Trustee under the Jim & Carlie Straub Family Trust dated June 4, 2014, and any amendments thereto, under which the vestee herein holds title. An adequate Certification of Trust must be furnished for our examination. NOTE: Taxes, Account No. 0142693, Assessor's Map No. 17 02 35 0 0, #3200, Code 19-09, 2022-2023, in the amount of $75.97, PAID IN FULL. Taxes, Account No. 0142768, Assessor's Map No. 17 02 35 0 0, #3603, Code 19-09, 2022-2023, in the amount of $179.14, 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 HT INVESTMENT PROPERTIES, LLC, which would appear as exceptions in the policy to issue, except as shown herein. NOTE: According to the public record, the following deed(s) affecting the property herein described have been recorded within 24 months of the effective date of this report: Warranty Deed recorded December 30, 2021, Reception No. 2021-080060, Lane County Deeds and Records. Warranty Deed recorded January 19, 2022, Reception No. 2022-002683, Lane County Deeds and Records. 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. es/rh: Title Officer: TYLER YORK Order No. 0337860 Page 4 PROPERTY DESCRIPTION PARCEL 1: Beginning at a point in the Southerly line of the County Road on the East line of the James C. Looney Donation Land Claim No. 54, Notification No. 3710, in Township 17 South, Range 2 West of the Willamette Meridian, 5.51 chains South of the most Northerly Northeast corner of said claim; and running thence South on the East line of the claim 11.57 chains to the North line of Bargain and Sale Deed recorded December 19, 1961, Reception No. 53716, Lane County Oregon Deed Records; thence West along said North line 6.47 chains; thence North 8.86 chains to the Southerly line of the County Road; thence along the Southerly line of the County Road, on a curve to the left, the chord of which bears North 67° 31’ East to the place of beginning, all in Lane County, Oregon. PARCEL 2: Beginning at the most Easterly Northeast corner of the James C. Looney and wife Donation Land Claim No. 85, in Section 2, Township 18 South, Range 2 West of the Willamette Meridian, and Claim No. 54, in Section 35, Township 17 South, Range 2 West of the Willamette Meridian; thence West 379.50 feet to the corner in angle of said claim; thence North a distance of 301 feet along East line of said claim to the Southeast corner of the Frederick J. Gray, Jr. and Elsie M. Gray property as described in Book 236, Page 413, Lane County Oregon Deed Records; thence running West 1312.08 feet along the South line of the said Frederick J. Gray, Jr. and Elsie M. Gray property and along the South line of the Guy Mathews and Elsie Mathews property as described in Book 267, Page 486, Lane County Oregon Deed Records; and along the South line of the Ralph G. Witcher and Josephine Witcher property as described in Book 231, Page 33, Lane County Oregon Deed Records to the Southwest corner of the said Ralph G. Witcher and Josephine Witcher property; thence running South 0° 05’ East a distance of 799 feet to the center of the Eugene Springfield Land and Water Company irrigation canal; thence running in an Easterly direction along the center line of said canal a distance of 1747 feet to the intersection of said canal with the East line of the James C. Looney and wife Donation Land Claim No. 85, Township 18 South, Range 2 West of the Willamette Meridian and Claim No. 54, in Township 17 South, Range 2 West of the Willamette Meridian; thence running North along the East line of said claim a distance of 448 feet to the point of beginning, all a part of the said James C. Looney Donation Land Claim, in Lane County, Oregon.