HomeMy WebLinkAboutApplication Applicant 3/29/2024 (2)Produced using RLID (www.rlid.org) on 11/30/2023 at 1:52 PM
Produced using RLID (www.rlid.org) on 11/30/2023 at 1:52 PM
Produced using RLID (www.rlid.org) on 11/30/2023 at 1:52 PM
911 Country Club Rd, Ste 320 • Eugene, OR 97401
Phone: 541.741.1981
Fax: 541.741.0619
260 Country Club Rd, Ste 120 • Eugene, OR 97401
P.O. Box 10211 • Eugene, OR 97440
Phone: 541.687.9794
Fax: 541.687.0924
TITLE INSURANCE SERVICES • ESCROW CLOSINGS
August 07, 2023
Order No. 23-26678
2nd SUPPLEMENTAL TITLE REPORT
WFG National Title Ins. Co
9200 SE Sunnybrook Blvd. Ste 350
Clackamas, OR 97015
Attn: Tonya Pierce
e-mail: tpierce@wfgnationaltitle.com
Dear Tonya Pierce:
Estimated Premium for:
$225,000.00 Owners Policy $763.00
$364,000.00 Lenders Policy, (Extended)$739.00
Full Premium: $1,401.00 - Discount: $662.00
Endorsements (209.10-06, 222-06, 208.1-06)$100.00
Addtl Endorsements: 64, 66, 70 $300.00
Gov't Service Fee $10.00
Breakout Fee: Evergreen Land Title - 87%
Underwriter - 13%
TOTAL $1,912.00
UNDERWRITER: WFG National Title Insurance Company - 2006 ALTA POLICIES
PROPOSED INSURED: PACWEST FUNDING DBA PRECISION CAPITAL, ISAOA/ATIMA
We are prepared to issue on request and on recording of the appropriate documents, a policy or policies
as applied for, with coverage's as indicated, based on this preliminary report.
LEGAL DESCRIPTION:
SEE EXHIBIT "A" ATTACHED HERETO
Showing fee simple title as of August 01, 2023, at 8:00 a.m., vested in:
ELOTA M. JEFFERS AND CARLEEN L. SIMMONS, not as tenants in common , but with right of
survivorship
Subject only to the exceptions shown herein and to the terms, conditions and exceptions contained in the
policy form. No liability is assumed until a full premium has been paid.
Order No.: 23-26678
Page 1 of 5
SCHEDULE B
GENERAL EXCEPTIONS
1.
2.
3.
4.
5.
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.
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.
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.
Discrepancies, conflicts in boundary lines, shortage in area, encroachments or other facts which a
correct survey would disclose.
Any lien, or right to a lien, for services, labor, material, equipment rental or workers compensation
heretofore or hereafter furnished, imposed by law and not shown by the public records.
CURRENT EXCEPTIONS:
6.
7.
8.
9.
10.
2023-2024 Taxes, a lien not yet due or payable.
City Liens, if any, City of Springfield.
Sewer Easement, granted to City of Springfield, a municipal corporation of Lane County, State of
Oregon, including the terms and provisions thereof, by instrument Recorded August 24, 1949,
Reception No. 326, Lane County Oregon Records.
Easement, granted to the City of Springfield, a municipal corporation in Lane County, Oregon,
including the terms and provisions thereof, by instrument Recorded June 30, 1988, Reception No.
8826100, Lane County Oregon Records.
Line of Credit Trust Deed (with Future Advance Clause), including the terms and provision thereof,
executed by Nellie M. Minnick, Elota M. Jeffers and Carleen L. Simmons, as Grantor(s), to U.S.
Bank Trust Company, National Association, as Trustee, for the benefit of U.S. Bank, National
Association, as Beneficiary, Dated July 14, 2003, Recorded October 10, 2003, Reception No.
2003-099595, Official Records of Lane County, Oregon, given to secure payment of a Note for
$31,000.00.
NOTE: Mortgage from by Nellie M. Minnick, Elota M. Jeffers and Carleen L. Simmons, to U.S.
Bank, National Association, Recorded October 10, 2003, securing a note in the original principal
sum of $31,000.00, and other obligations described herein. This mortgage secures an equity line
of credit and/or revolving loan. The Company requires a satisfactory written statement from the
existing lender confirming: (a) the payoff amount, (b) the line of credit has been closed, and no
further draws/advances will be permitted and/or the right to future advances has been terminated,
and (c) agreeing to deliver a full satisfaction/release upon payment of the outstanding balance.
Said Deed of Trust was modified by instrument Recorded April 18, 2016, Reception No.
2016-017260, Lane County Oregon Records.
Order No.: 23-26678
Page 2 of 5
11.
12.
13.
14.
INTENTIONALLY DELETED
Any encroachments, unrecorded easements, violations of conditions, covenants and restrictions,
and any other matters which would be disclosed by a correct survey.
Proof that there are no parties in possession, or claiming to be in other than above vestees.
Any statutory liens for labor or material, which have now gained or hereafter may gain over the
lien of the insured mortgage, which liens do not now appear of record.
NOTE: Taxes, Map No. 17-03-26-31-00900, Code 19-00, Account No. 0219350, 2022-2023,
$1,974.49, paid in full.
NOTE: The address of the property to be insured herein is: 1620 5th St., Springfield, OR 97477.
NOTE: A Judgment/Lien/Bankruptcy Search was done for the name(s) ELOTA M. JEFFERS,
CARLEEN L. SIMMONS, KATHLEEN THOMAS, AND MONKEY HERO, LLC, and as of August
01, 2023, none were found.
INFORMATIONAL NOTE: EVERGREEN LAND TITLE COMPANY FINDS NO NOTICE OF
RESCISSION RECORDED IN THE LAST 24 MONTHS.
NOTE: The following applicable recording fees will be charged by Lane County:
First Page:$87.00
Each Additional Page $ 5.00
Non-Standard Document Fee $20.00
E-Recording Fee $ 5.00
INFORMATIONAL NOTE: The current vesting deed and all changes back to the deed which
vests ownership 24 months ago are as follows:
BARGAIN AND SALE DEED--STATUTORY FORM RECORDED MARCH 11, 1992, FROM
NELLIE M. MINNICK, TO NELLIE M. MINNICK, ELOTA M. JEFFERS AND CARLEEN L.
SIMMONS, NOT AS TENANTS IN COMMON, BUT WITH THE RIGHT OF SURVIVORSHIP;
THAT IS, THE FEE SHALL VEST IN THE SURVIVOR (S) OF THE GRANTEES, RECEPTION
NO. 9213656.
CERTIFICATE OF DEATH FOR NELLIE MARIE MINNICK, RECORDED MAY 13, 2015,
RECEPTION NO. 2015-020741.
Order No.: 23-26678
Page 3 of 5
NOTE: Due to current conflicts or potential conflicts between state and federal law, which conflicts
may extend to local law, regarding marijuana, if the transaction to be insured involves property
which is currently used or is to be used in connection with a marijuana enterprise, including but
not limited to the cultivation, storage, distribution, transport, manufacture, or sale of marijuana
and/or products containing marijuana, the Company declines to close or insure the transaction,
and this Preliminary Title Report shall automatically be considered null and void and of no force
and effect.
NOTE: SUPPLEMENTED TO ADD ADDTIONAL ENDORSMENTS AND ADDTIONAL JUDGMENT
SEARCH.
Very truly yours,
EVERGREEN LAND TITLE COMPANY
HOME OFFICE
By:
Don Greep
Title Officer
cc:
NO LIABILITY IS ASSUMED HEREUNDER UNTIL POLICY IS ISSUED AND PREMIUM PAID. IF FOR
ANY REASON THE REPORT IS CANCELLED, A MINIMUM CANCELLATION FEE OF $200.00 WILL BE
CHARGED.
Order No.: 23-26678
Page 4 of 5
EXHIBIT "A"
LEGAL DESCRIPTION
The North 200 feet of Lot five (5) in Block one (1) of the Hunt's Addition to the City of Springfield, Lane
County, Oregon, as platted and recorded on Page 6 of Volume 3, Lane County Oregon Plat Records.
EXCEPT that portion conveyed by Warranty Deed recorded October 1, 1956, Reception No. 95954, Lane
County Deed Records.
EXCEPT that portion conveyed by Warranty Deed recorded January 27, 1961, Reception No. 21809,
Lane County Deed Records.
Order No.: 23-26678
Page 5 of 5