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Home My WebLink AboutApplication Applicant 4/5/2024 (2)Produced using RLID (www.rlid.org) on 04/04/2024 at 11:51 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:51 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:51 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:51 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:51 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:51 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM Produced using RLID (www.rlid.org) on 04/04/2024 at 11:56 AM MAIN OFFICE 675 OAK STREET, SUITE 100 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 STATUS OF RECORD TITLE REPORT BOEV Date: APRIL 04, 2024 ATTN: EUGENA MATHIASON Our No: CT-0343028 840 BELTLINE ROAD #202 Your No: -- SPRINGFIELD, OR 97477 Charge: $300.00 As requested, Cascade Title Co. has searched our tract indices as to the following described real property: ( A T T A C H E D ) and as of: MARCH 27, 2024 at 8:00 A.M., we find the following: Vestee: SYCAN B CORP., an Oregon corporation, as to an undivided eighty percent (80%) interest, and OLYMPIC STREET, LLC, an Oregon Limited Liability Company, as to an undivided twenty percent (20%) interest as tenants in common Said property is subject to the following on record matters: 1. City liens, if any, as levied by the City of Springfield, for which no search was made. (The City of Springfield charges $32.00 for a lien search on each tax lot number. Please inform us if one is to be ordered.) 2. The rights of the public in and to any portion of the premises herein described lying within any public road or highway. 3. Limited access provisions contained in deed to the State of Oregon, by and through its State Highway Commission, which provides that no right or easement of right of access to, from or across the State Highway, other than expressly therein provided for, shall attach to the abutting property, recorded November 25, 1966, Reception No. 1966-067649, Lane County Oregon Deed Records. 4. Easement for sanitary sewer, including the terms and provisions thereof, granted City of Springfield, recorded July 21, 1972, Reception No. 1972-009831, Lane County Official Records. *0343028* Order No. 0343028 Page 2 5. Easement for electric transmission and distribution line, including the terms and provisions thereof, granted Pacific Power & Light Company, by instrument recorded March 7, 1973, Reception No. 1973-009791, Lane County Official Records. 6. Access Restrictions, including the terms and provisions thereof, contained in deed from Sunset Investments LLC, an Oregon limited liability company, successor in interest to Sunset Investments Limited Partnership, an Oregon limited partnership, to the State of Oregon, by and through its Department of Transportation, recorded October 6, 2009, Reception No. 2009-056577, Lane County Deeds and Records. 7. Permanent easement for wall maintenance, including the terms and provisions thereof, as set forth in instruments recorded October 6, 2009, Reception No. 2009- 056577, and Reception No. 2009-056578, Lane County Deeds and Records. 8. The rights of tenants holding under additional unrecorded leases. 9. Deed of Trust, including the terms and provisions thereof, executed by BOEV, L.L.C., an Oregon limited liability company, Grantor, to Cascade Title Company, Trustee, for the benefit of Summit Bank, Beneficiary, dated October 20, 2014, recorded October 22, 2014, Reception No. 2014-041795, Lane County Deeds and Records, to secure payment of a note for $2,000,000.00. 10. Assignment of rents due or to become due and accruing from said property, including the terms and provisions thereof, between BOEV, L.L.C., an Oregon limited liability company, and Summit Bank, dated October 20, 2014, recorded October 22, 2014, Reception No. 2014-041796, Lane County Deeds and Records. 11. Access Easement & Maintenance Agreement, including the terms and provisions thereof, recorded August 2, 2023, Reception No. 2023-022346, Lane County Deeds and Records. 12. Declaration of Joint Access Easement, including the terms and provisions thereof, recorded November 29, 2023, Reception No. 2023-034031, Lane County Deeds and Records. 13. Access Easement & Maintenance Agreement, including the terms and provisions thereof, recorded March 1, 2024, Reception No. 2024-005547, Lane County Deeds and Records. 14. Declaration of Easements and Restrictions and Short Form Lease, including the terms and provisions thereof, recorded March 27, 2024, Reception No. 2024-008161, Lane County Deeds and Records. 15. Subordination, Non-Disturbance and Attornment Agreement, including the terms and provisions thereof, recorded March 27, 2024, Reception No. 2024-008162, Lane County Deeds and Records. NOTE: Taxes, Account No. 1041506, Assessor's Map No. 17 03 22 2 0, #1600, Code 19-00, 2023-2024, in the amount of $24,386.96, 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: ec/rh: Title Officer: KURT BEATY Order No. 0343028 Page 3 PROPERTY DESCRIPTION Beginning at a 2 inch iron pipe found marking the initial point of PUERTA SUBDIVISION, as platted and recorded in Book 53, Page 2, Lane County Oregon Plat Records, in Lane County, Oregon, said initial point described as being South 613.80 feet and East 646.49 feet from the Northwest corner of the William Stevens Donation Land Claim No. 46, Township 17 South, Range 3 West of the Willamette Meridian; thence South 89° 55’ 35” West along the Northerly line of Lot 1, Block 1, in said PUERTA SUBDIVISION, 150.0 feet to a found 5/8 inch iron rod marking the Northwest corner of said Lot 1; thence South 0° 04’ 25” East along the Westerly line of said Lot 1 and the Easterly right of way line of Gateway Street 300.0 feet to the Southerly Southeast corner of said PUERTA SUBDIVISION; thence South 89° 55’ 35” West along the most Southerly line of said PUERTA SUBDIVISION 80.0 feet to a 5/8 inch iron rod and the Southeast corner of Lot 2, Block 2, in said PUERTA SUBDIVISION, and the true point of beginning of the tract herein described; thence continuing along said most Southerly line South 89° 55’ 35” West 150.0 feet to a 5/8 inch iron rod and the Southwest corner of said PUERTA SUBDIVISION; thence North 0° 04’ 25” West along the Westerly line of said PUERTA SUBDIVISION 277.15 feet to a 5/8 inch iron rod set on the Southerly right of way line of East Belt Line Road as said right of way line was found to have been monumented by the Oregon State Highway Department; thence South 83° 39’ 16” West along said monumented right of way line 236.36 feet to a found 5/8 inch iron rod marked SHRW 358+00; thence continuing along said right of way line North 89° 57’ 14” West 28.44 feet to a 5/8 inch iron rod; thence Southerly along the arc of a certain spiral curve right (the chord of which bears South 37° 30’ 33” West 4.87 feet) on the Easterly right of way line of Highway I-5 to a point on the Westerly line of said William Stevens Donation Land Claim No. 46; thence South 0° 05’ 49” East along said line 498.31 feet to a 5/8 inch iron rod bearing South 0° 04’ 25” East 250.78 feet and South 89° 55’ 35” West 416.15 feet from the true point of beginning; thence North 89° 55’ 35” East 416.15 feet to a point on said Westerly line of Gateway Street; thence North 0° 04’ 25” West 250.78 feet to the true point of beginning, all being in the Northwest quarter of Section 22, Township 17 South, Range 3 West of the Willamette Meridian, in Lane County, Oregon. EXCEPTING THEREFROM the following parcel of land previously transferred to the Oregon Department of Transportation: A parcel of land lying in the William M. Stevens Donation Land Claim No. 46, Township 17 South, Range 3 West, Willamette Meridian, Lane County, Oregon and being a portion of that property described in the Quitclaim Deed to Sunset Investments Limited Partnership, recorded February 26, 1998, Reception No. 9813132, Lane County Official Records, the said parcel being that portion of said property included in a strip of land 98.50 feet in width, lying on the Southerly side of the center line of the relocated Belt Line Highway, which center line is described as follows: Beginning at Engineer’s center line Station ‘BL’ 354+00.00, said station being 2,420.96 feet South and 1,275.21 feet East of the Northwest corner of the Ashley C. Stevens Donation Land Claim No. 45, Township 17 South, Range 2 West, Willamette Meridian; thence South 87° 58’ 13” East 1,000.00 feet to Engineer’s center line Station ‘BL’ 364+00.00, in Lane County, Oregon. Continue– Order No. 0343028 Page 4 Property Description Continued– ALSO EXCEPTING THEREFROM: Real property located in the Northwest 1/4 of Section 22 of Township 17 South, Range 3 West of the Willamette Meridian, City of Springfield, Lane County, Oregon, being a portion of that tract of land described in Reception No. 2020-062629, Lane County Deeds and Records, and more particularly described as follows: Beginning at the Southeast corner of Lot 2 of Block 2 “PUERTA SUBDIVISION”, Lane County Oregon Plat Records, being on the Westerly right-of-way line of Gateway Street (being 40.00 feet from the centerline thereof, when measured perpendicular thereto); thence along said Westerly right-of-way line, South 01° 59’ 03” West 92.39 feet; thence leaving said Westerly right-of-way line, North 88° 00’ 57” West 272.29 feet; thence North 01° 58’ 40” East 295.11 feet; thence North 16° 02’ 28” West 31.91 feet; thence North 04° 11’ 51” East 29.70 feet to the Southerly right-of-way line of Beltline Road (being variable in width) and the Northerly line of said tract of land described in Reception No. 2020-062629 Lane County Deeds and Records; thence along said Northerly line, South 87° 58’ 13” East 131.47 feet to the Westerly line of said Block 2 “PUERTA SUBDIVISION”; thence along said Westerly line, South 01° 59’ 31” West 262.67 feet to the Southerly line thereof; thence along said Southerly line, South 88° 01’ 33” East 149.61 feet to the point of beginning, in Lane County, Oregon. Bearings are based upon the Oregon Coordinate System of 1983(91), South zone, in Lane County, Oregon. MAP NO. 17-03-22-20 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.