HomeMy WebLinkAboutDeed APPLICANT 5/14/2007
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TO HAVE AND TO HOLD the said premises with their appurtenances, in fee simple,
State of Oregon, by and through its State Highway Commission, its successors and assigns foreve'
And.
we
..... the said grantor....~. do hereby covenant to and with the said State of C
through its State Highway Commission, its successors and assigns, that .... ....we...ar.e....................
in fee simple of sa~~ premises; that they are free from all incumbrimces
and that ................."'"........ .............. will warrant and defend the same from all lawful claims whab
.....".e........................ have hereunto set .....9.ti:r'.......... ....... hand
IN WITNESS W
this .dJ41.I.. day of ........
Done in presence of:
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WARRANTY DEED
(Individual)
iotU 'dll men bp m:besc l)resents, That ',:e, 3tar:.l?,: C. D:-oa'.1dl:3 a,nd c",a ',"
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legal owners; Fred A. Price a!'.d ::.hoda S. P:-ice, husband a..:1d
..:or;t ,~:i'':':~, p:~rch.ase!':?
.. grantor ~. ., for the consideration (.If
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- - - - DOLL\HS
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paid. h~1\'e b~lrgajned and :-;old and by the~c presents do bargain. sell and con\'L'Y unto the
rE OF OREGON, by and thrr;ugh its STATE HIGHWA Y CO:\I~lISSION, the following descriLl'd premi,es,
t:
A parcel cf land lJ-ing in the Robert E. Campbell D.L.C. #59, Township 17 South, R~~g~
st, 'Ii.Eo, i..ane County, Oregon, and being a portion of that propert)' described in that deed
canle:; C. al1d Ima G. Broaddus, recorded in Book 341, Page 140, of Lane County "ecords of
9; the said parce~ being that portion of said property lyinG Northerly of a line which
"rallel to and 90 feet ~:ortherly of the center line of a Diversion Floodway, which center
i9 described as follows:
Beginning at Engineer's center line Station Chap_'1cl 155+53.32, said Stati,on being 211, 51
, South and 1322.13 feet East of the Northwest corner of said Campbell D.L.C. #59; thence
1909.86 fo'ot radi:.Js curve right (the long chord of which bears North 240 10' East)
15 feet to Station Challi'lel 158+86.47, said center line crosses the West and East lines
~id property approximately at Stations Charillel 156+25 and 157+40, respectively.
(Bearings used herein are based upon the Oregon Co-ordinate S)'stem, So:.Jth Zone.)
fhe parcel of land to which this description applies contains 0.1 acre.
As a part of the consideration herelllabove ststed, there is also bargained, sold, conveyed
relinquished to the Grantee all existing, future, or potential cowmon law or statutol7
ter's easements of access between the right of ~ay of the public way identified as the
cated Pacific Highway and its connecting legs and all of the Grantors' remaining real
crty consisting of all parcels contiguous one to another, whether acquired by separate
eyancas or otherwise, all of which parcels either adjoin the real property conveyed by
instrument, or are connected thereto by other parcels owned by Grantors.
It is expressly intended that these covenants, burden3 and restrictions shall run wi th
land and shall forever bind the Grantors, their heirs a"d a33ign~.
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aud th~t ......... .... w~....... .
- will worrall! lInd ddi!nd the :'lanH~ flom:lll ],1\vflll dllim" Whflls"l'\'t'l'
~~8'i:1TNESS WIIEREOF', ............. "'fe... '"
this (~~ay of ....-.....:J:\:\.~!-:.:--,_.'!...~...,.
DOlle in presence of:
no.. have hereunto set. .. .ot.:r.
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STATE OF om:Go:'~,
County of
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.....J..:;\na..
On this ....21st ......... day of ..... -..........}~.ch..
.....-...., 195.9.... personally came before me.
1I Notary Publl.c in .nd.~or ~id county and state, the within nnmed SLanley...c.. . Broaddus
......--.........-............"'.,"~:...":".~~.,....._,.................. ...... n. .... ........:. and.. lma .G... Broaddus "his wik,
to me persO~~~9~'n11'i,..,Qe the id'mtical persons:. described in, 1l11d who ~xcculcd the wilhin instrllment,
Ilnd who ?^4.,~0l1t~r...'~uowledged to me that t...henY executed thl! same" freely :Jnd voluntarily for
the uses n?~~ses t~re~.!!~mcd.
WJt.~ ~ ~d IWd oWcial ~eal the day and year last al){)ve written,
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, Division or Chier Depuly Cle~k
Lane 'Counly Deeds and Records
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111111111111111111111111111111111111111111111111 $86.00
00771039200600010890.30138 0 06 06 39 1 PM
' ' 11 120 12: :3
RPR-DTR Cnl=l Sln=5 CASHIER D4
$65.00 $10.00 $11.00
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TRUST DEED
p(\vJ\ * J.s-:\'vy
DATE:
January 5 't-h. , 2006
PARTIES:
Tuan Bui ' I / '
rn'5Q03 Bal/el}' }till J?},
~~nt", Cl2./Q7<!o"S'
("Grantor")
West Coast Title & Escrow Company
250 NW Franklin Ave" Ste, 201
Bend, OR 97701
("Trustee") ,
AFTER RECORDING RETURN TO:
PACIFIC NORTHWEST TITLE
OF LANE COUNlYJ, LLC
360 East 10th llt.
Suite 101
Eullen8, OR 97401
Cascade Capital Partners, Inc.
an Oregon corporation
250 NW Franklin Ave, Suite 401
Bend, OR 97701
("Beneficiary")
RECITALS:
A. Grantor is the owner of real property described as:
Parcel 1 : 1226 Y, Fairview Lane, Springfield, Oregon, the legal description of which
is set forth on Exhibit 1 attached hereto and incorporated herein by reference,
Parcel 2: See Exhibit 2 attached hereto and incorporated herein by reference,
including all appurtenances, buildings and existing or future improvements located thereon
and all fixtures and attachments thereto, all of which real property is hereinafter referred to
as "the Trust Property."
B. Beneficiary has agreed to lend to Grantor, and Grantorhas agreed to borrow
from Beneficiary, the sum of $433,01 0 upon the terms and conditions set out herein and in
promissory notes (the Notes) dated concurrently with this Trust Deed, with final payment
due on the 4th day of January, 2008, which is the maturity date ofthis Trust Deed, Grantor
MFRRII_L O'SULLIVAN Ll.P
Trust Deed
ArrORNEYS AT LAW
1070 NW BONO ST.. SUITE 303
BEND, OR 97701
Page 1
C:\Documllf'lI' end Sellings\Qins\Local Seltll'lQs\Tllmporary Inlemel File.s\OLK79\'TruS.1 Delld,OOC-2
has agreed to deed to Trustee the Trust Property to secure punctual payment of the Notes
and any other indebtedness owing by Grantor to.Beneficiary and to secure performance of
all of Grantor's obligations under the Notes, under this Trust Deed and under any other
instruments evidencing an indebtedness of C?rantor to Beneficiary,
C. The loan evidenced by the Notes is for commercial purposes and is not
intended for personal or household purposes or to acquire real or personal property for
personal, household or residential purposes or usage,
THEREFORE, to secure payment by Grantor of the indebtedness to be evidenced
by the Notes in strict accordance with its terms, including payment of interest thereon and
payment of any prepayment penalty for which provision is made in the Notes, and
performance by Grantor of the covenants contained herein and in the Notes by it to be
performed, and to secure payment of any other indebtedness of Grantor to Beneficiary
which arises directly or indirectly out of the Notes or this Trust Deed, Grantor hereby
grants, bargains, sells and conveys to the Trustee, in trust, with power of sale, the Trust
Property and presently assigns the rents, revenues, income, issues and profits therefrom to
the Trustee, its successors and its assigns, upon the terms set forth herein,
PROVIDED, HOWEVER, that until the occurrence of an event of default, Grantor
may remain in control of and operate and manage the Trust Property and collect and enjoy
the rents, revenues, income, issues and profits therefrom; and
PROVIDED, FURTHER, that if Grantor shall make all payments for which provision
is made in the Notes in strict accordance with the terms thereof and shall perform all of the
covenants contained herein, and shall make all payments due on any other indebtedness
and shall perform all of the covenants contained in the Notes and this Trust Deed, then
Trustee shall execute and deliver to Grantor, without warranty, a reconveyance of the Trust
Property.
The parties covenant and agree as follows:
SECTION 1.
GRANTOR'S COVENANTS AND WARRANTIES
1.1. Payment of the Notes. Grantor will make all payments of the interest and
principal for which provision is made in the Notes, and in any note or notes given in
renewal or replacement thereof, promptly as such payments become due and payable, and
will pay the unpaid balance of the Notes upon maturity,
1.2. Warranty of Title. Grantor warrants that it hoids good and merchantable title
to the Trust Property subject to no liens or encumbrances other than the lien of this Trust
Deed, Grantor covenants with Beneficiary that it will defend Beneficiary's and Trustee's
rights hereunder against the claims and demands of all persons,
MFRRILL n'suu IVAN tLP
Trust Deed
ATTORNEYS AT LAW
1070 NW BONO ST.. SUITE 3Q3
BEND, OR 97701
Page 2
C,IOcx:umanl' and Slll1ingslgina\Locel 5Cltlir,gslTemporsry Interne! FileslOLK79ITrusl DosCu:lo:;.2
1,3. Use of Trust Property. Grantor covenants and warrants that the Trust
Property is not currently used for agricultural, timber or grazing purposes, Grantor further
covenants and warrants that the current use of the Trust Property is in compliance with all
laws, ordinances and regulations of all governmental authorities,
1.4. Taxes and Assessments; Liens and Claims.
1.4.1. Payment. Grantor shall pay when due all taxes and all
assessments imposed against the Trust Property and all claims and'demands arising from
the Grantor's use or occupancy of the Trust Property,
Grantor's timely payment of the real property taxes on the quarterly installment basis
shall be deemed for purposes hereof as "payment when due."
,1.4.2. Protection of the Trust Property from Liens. Grantor shall
not permit any lien prior or equai to the Trustee's title to be imposed upon the Trust
Property, except liens for taxes or assessments assessed but not yet due,
1.4.3. Grantor's Right to Contest. Grantor may withhold payment of
any taxes, assessments, claims or demands or may elect to coniest any lien if Grantor is in
good faith conducting appropriate proceedings to contest its obligation to pay and for so
long as the Trustee's interest in the Trust Property is notjeopardized, Ifthe Trust Property
is subjected to a lien which is not discharged within 30 days from the date that the notice of
claim of lien is filed, Grantor shall deposit or cause to be deposited with Beneficiary cash, a
sufficient corporate surety bond or other security reasonably satisfactory to Beneficiary in
an amount adequate to provide for discharge of the lien plus any interest, costs, attorney
fees or other charges that could accrue as a result of foreclosure orsale. In any contest,
Grantor shall, at Grantor's expense, defend itself, Trustee and Beneficiary and shall. satisfy
any final adverse judgment before enforcement against the Trust Property,
1.4.4. Evidence of Payment of Taxes or Assessments. Upon
payment of real property taxes and assessments, Grantor shall furnish to Beneficiary
evidence of payment of such taxes and assessments. Grantor hereby authorizes the
appropriate city or county official to deliver to Trustee and Beneficiary at any time a written
statement of the taxes and assessments against the Trust Property,
1.5. Insurance.
1.5.1. Property Insurance. Grantor shall procure and maintain
policies of fire insurance with standard extended coverage endorsements on a replacement
cost basis covering all buildings and improvements, including additions thereto and
replacements thereof, in an amount sufficient to avoid application of any coinsurance
clause and with loss payable to Beneficiary, The amount of insurance shall in no event be
less than the amount of principal owed on the Note, '
MERRill. O'SULLIVAN LLP
Trust Deed
ATTORNEYS AT lAW
1070 NW BOND ST.. SUITE 303
BEND, OR 97701
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1.5.2. Insurance Companies, Policies and Certificates. Both the
insurance company providing the policy required by this Section 1.5 and the form of the
policy must be acceptable to Beneficiary, Grantor shall deliver to Beneficiary a certificate
of coverage from the insurer issuing the policy required by paragraph 1.5.1 containing a
stipulation that coverage will not be cancelled or diminished without a minimum of 10 days'
advance written notice to Beneficiary. Grantor shall deliver to Beneficiary at least 10 days
prior to the expiration of any insurance policy required by this Section 1.5 a certificate
showing the placement of a renewal or substitute policy of insurance,
1.5.3. Notice of Loss. In the event of loss, Grantor shall immediately
notify Beneficiary, which may make proof of loss if it is not made promptly by Grantor.
1.5.4. Insurance Proceeds. Insurance proceeds shall be paid
directly to Beneficiary which may deal directly with any insurance company. All proceeds
from any insurance on the Trust property shall be held by Beneficiary as collateral to
secure performance of the obligations secured by this Trust Deed, Grantor may elect
either to restore or not to restore the damaged improvements. If Grantor shall repair or
replace the damaged improvements in a manner satisfactory to Beneficiary, Beneficiary
shall, upon satisfactory proof of performance of work, payor reimburse Grantor from the
insurance proceeds.for the reasonable cost of repair or restoration completed. If Grantor
notifies Beneficiary in writing that, pursuant to its rights hereunder, it elects not to repair or
replace the damaged improvements, Beneficiary shall apply the proceeds not to be so
used toward payment of all or part of the indebtedness secured by this Trust Deed in such
order as Beneficiary may determine. Any insurance proceeds which have not been paid
out within one year after their receipt for the repair, replacement or restoration of the Trust
Property shall forthwith be applied by Beneficiary toward payment of all or part of the
indebtedness'secured by this Trust Deed in such order as Beneficiary may determine.
1.6. Use, Maintenance and Alterations.
1.6.1, Duty to Maintain. Grantor shall maintain the Trust Property in
good condition and repair and promptly perform all repairs and maintenance necessary to
preserve its value.
1.6.2. Waste; Nuisance. Grantor shall not conduct or permit' any
nuisance on the Trust Property nor commit or suffer any strip or waste-thereof,
1.6.3. Removal of Improvements. Grantor shall not demolish or
remove any improvements on the Trust Property without the prior written consent of,
1.6.4. Beneficiary's Right to Enter and Inspect. Grantorwill permit
Beneficiary and its agents to enter upon the Trust Property at all reasonable times to
inspect the Trust Property.
MERRILL O'SULLIVAN LLP
Trust Deed
ATTORNEYS AT LAW
1070 NW BOND SL SUITE 303
BEND, OR 97701
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1.6.5. Compliance with Governmental Requirements. Grantor
shall promptly comply with all laws, ordinances and regulations of all governmental
authorities applicable to the use or occupancy of the Trust Property. Grantor may contest
in good faith any such law, ordinance or regulation and withhold compliance during any
proceeding, including appropriate appeals, so long as Beneficiary's and Trustee's interests
in the Trust Property are not jeopardized.
1.7. Eminent Domain.
1.7.1. Notice ofTaking or Condemnation Proceeding. If the Trust
Property, or any part thereof. or interest therein, should be taken or damaged by reason of
any public improvement or condemnation proceeding, or if Grantor should receive any
notice or other information regarding a condemnation proceeding or similar type of
proceeding, Grantor shall immediately notify Beneficiary,
1.7.2. Condemnation Proceeds. Beneficiary shall be entitled to all
compensation, awards and other payments or relief related to condemnation, and shall be
entitled at its sole option to commence, appear in and prosecute in its own name any such
action or proceeding. Beneficiary shall also be entitled to make any compromise or
settlement in connection with such taking or damage. All such compensation, awards,
damages, rights or action and proceeds awarded to Grantor (Condemnation Proceeds) are
hereby assigned to Beneficiary, and Grantor agrees to execute such further assignments of
the Condemnation Proceeds as Beneficiary may require. Beneficiary shall have the option,
in its sole and absolute discretion, to either:
(a) apply such Condemnation Proceeds, after deducting therefrom
all costs and expenses (regardless of the particular nature thereof and whether
in_curred with or without suit), including attorney fees incurred by Beneficiary in
connection with such Condemnation Proceeds, upon all or part of the indebtedness
secured by this Trust Deed in such order as Beneficiary may determine, without
regard to whether or not the security of Beneficiary is impaired, or
(b) apply all of such Condemnation Proceeds, after deducting all of
Beneficiary's costs and expenses, to the restoration of the Trust Property upon such
conditions as Beneficiary may determine.
1.8. Security Agreement. This instrument shall constitute a security agreement
with respect to any fixtures attached to the Trust Property to secure all indebtedness and
obligations secured by this Trust Deed and all future advances and all future indebtedness
and obligations of Grantor to Beneficiary. This instrument shall also constitute a financing ,
statement and shall be filed for recording in the real estate records of the county where the
Trust Property is located.
1.9. Reserves. If Grantor has failed to perform its obligation under Sections 1.4
or 1.5 of this Trust Deed, Beneficiary may require Grantor to maintain with Beneficiary
MERRILL O'SULLIVAN LLP
Trust Deed
ATTORNEYS AT LAW
1070 NW BOND ST.. SUITE 303
BEND, DR 97701
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reserves for payment of taxes, assessments and insurance premiums. The reserve shall
be created by monthly payments of a sum estimated by Beneficiary to be sufficient to
produce, at least 15 days before due, an amount equal to the taxes, assessments and
insurance premiums, If 15 days before payment is due the reserve is insufficient, Grantor
shall pay any deficiency to Beneficiary upon. demand The reserve shall be held by
Beneficiary as a general deposit from Grantor and shall constitute a non-interest bearing
debt from Beneficiary to Grantor which Beneficiary may satisfy by payment of the taxes
and assessments, If Beneficiary is required by law to pay interest on these funds, they
shall earn interest at the lowest permissible rate, and beneficiary may impose any
reasonable and lawful charge for holding and disbursing'such funds. Nothing contained
herein shall cause Beneficiary to be deemed a trustee of the reserve or to be obligated to
pay any amounts in excess of the amount of funds deposited with Beneficiary pursuant to
this Section 1.9.
SECTION 2.
EVEN1;S OF DEFAULT
The following shall constitute events of default:
2.1. Nonpayment. Failure of Grantor to make any payment required by the
Notes, or either of them, or to make any payment for taxes, insurance premiums or for
reserves for such payments or any other payment necessary to prevent filing of a
discharge of any lien within 10 days after written notice by Beneficiary (or Beneficiary's
agents of any such nonpayment. No notice by Beneficiary shall be required for
nonpayment if during the preceding 12 calendar months Beneficiary has sent notice to
Grantor concerning any nonpayment hereunder,' .
2.2. Breach of Other Covenant. Failure of Grantor tei perform any obligation
contained in this Trust Deed withir) 30 days after hotice from Beneficiary (or Beneficiary's
representatives) specifying the nature of the defaultor, if the default cannot be cured within
30 days, failure within such time to commence and 'pursue with reasonable diligence
curative action. No notice of default and opportunity to cure shall be required if during the
preceding 12 calendar months Beneficiary has already sent a notice to Grantor concerning
default in performance of the same obligation.
2.3. Misinformation. Falsity in any material respect of the warranty in
paragraph 1.2 or of any representation, warranty or information furnished to Beneficiary in
connection with the Note or this Trust Deed.
2.4. Other Obligation. Failure of Grantor to perform any obligation required by
any other instrument (i.e., other than the Notes or this Trust Deed) evidencing or securing
any indebtedness of Grantor to Beneficiary.
2.5. Sale, Transfer of Possession or Encumbrance. The voluntary or
involuntary sale, transfer of possession or encumbrance of the Trust Property or any part
thereof in any manner by Grantor, whether by deed, mortgage, trust deed contract of sale,
Trust Deed
MERRILL O'SULLIVAN LLP
ATTORNEYS AT LAW
1070 NWBOND ST_. SUITE 303
BEND, OR 97701
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lease or similar agreement, or execution, appointment of a receiver, probate or other
proceeding without the prior written consent of Beneficiary. The execution and delivery by
the Grantor of any joint venture agreement, partnership agreement declaration of trust,
option agreement or other instrument whereunder any other person may become entitled,
directly or indirectly, to the possession or enjoyment of the Trust Property, or the income or
other benefits derived or to be derived therefrom, shall in each case be deemed to be a
sale or transfer of Grantor's interest in the Trust Property for the purposes of this section.
Grantor acknowledges that the loan secured by this Trust Deed is personal to Grantor and
that in making it Beneficiary has relied on Grantor's credit, Grantor's interest in the Trust
Property and financial market conditions at the time this loan is made,
SECTION 3.
REMEDIES IN CASE OF DEFAULT
If an event of default shall occur, Beneficiary or Trustee, as the case may be, may
exercise any of the following rights and remedies, in addition to any other remedies which
may be available at law, in equity, or otherwise: .
3.1. Acceleration. Beneficiary may declare all sums secured by this Trust Deed,
including all interest and prepayment penalties, to be immediately due and payable.
3.2: Books and Records. Beneficiary may examine all books, records and
contracts of Grantor pertaining to the Trust Property and of any guarantors and make such
memoranda thereof as may be desired.
3.3. Receiver. Beneficiary may have a receiver of the Trust Property appointed.
Beneficiary shall be entitled to the appointment of a receiver as a matter of right whether or
not the apparent value of the Trust Property exceeds the amount of the indebtedness
secured by'this Trust Deed. Employment by Trustee or Beneficiary shall not disqualify a
person from serving as receiver. Grantor waives all defenses and consents to the
appointment of a receiver at Beneficiary's option.
3.4. Possession. Beneficiary may, either through a receiver or a lender-in-
possession, take possession of all or any part of the Trust Property, and Grantor shall
peaceably surrender the same. r
3.5. 'Rents and Revenues. Beneficiary may revoke Grantor's right to collect the
rents and revenues from the Trust Property, and may, either itself or through a receiver,
collect the same, To facilitate collection, Beneficiary may notify Grantor's tenants to pay
rents directly to it. Beneficiary shall not be deemed to be in possession of the Trust
Property solely by reason of exercise of the rights contained in this paragraph 3.5, If rents
are collected by Beneficiary under this paragraph 3.5, Grantor hereby irrevocably
designates Beneficiary as Grantor's attorney-in-fact to endorse instruments received in
payment of rent, in respect of any part of the Trust Property, in the name of Grantor and to
negotiate such instruments and collect the proceeds thereof.
Trust Deed
Mf~I:?II_' ()'SIII I lVAN 1'- P
ATTORNEYS AT LAW
1070 NW aONO ST.. SUITE 303 .
BEND, OR 97701
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3.6. Foreclosure. Beneficiary may obtain a decree foreclosing Grantor's interest
in all or any part of the Trust Property.
3.7. Fixtures and Personal Property. With respect to any fixtures or personal
property subject to a security interest in favor of Beneficiary, Beneficiary may exercise any
and all of the rights and remedies of a secured party under the Uniform Commercial Code.
3.8. Abandon Security. Beneficiary may abandon any security afforded by this
Trust Deed or any other security instrument by notifying Grantor of Beneficiary's election to
do so.
3.9. Power of Sale. Beneficiary may direct Trustee, and Trustee shall be
empowered, to foreclose the Trust Property by advertisement and exercise of the power of
sale under applicable law.
3.10. Sale of Collateral; Bid at Public Sale. In exercising its rights and remedies,
Beneficiary shall be free to sell all or any part of the collateral together or separately, or to
sell certain portions of its collateral and refrain from selling other portions. Beneficiary shall
be entitled to bid at any public sale of all or any portion of its collateral.
3.11. Cumulative Remedies. Election to pursue one remedy shall not exclude
resort to any other remedy, and, unless the context otherwise requires, all remedies under
this Trust Deed are cumulative and not exclusive. No delay or omission in exercising any
right or remedy shall impair that or any other right or remedy or shall be construed to be a
waiver of the default.
SECTION 4.
RECEIVER OR TRUSTEE-IN-POSSESSION
Upon taking possession of all or any part of the Trust Property, a receiver or Trustee
. or Beneficiary or Beneficiary's representative may:
4.1. Management. Use, operate, manage, control and conduct business on the
Trust Property and .make expenditures for such purposes and for maintenance and
improvements as in its judgment are necessary.
4.2. Rents and Revenues. Collect all rents, revenues, income, issues and profits
from the Trust Property and apply such sums to the expenses of use, operation,
management, maintenance and improvements.
4.3. Construction. At its option, complete any construction in progress on the
Trust Property, and in that connection pay bills, borrow funds, employ contractors and
make any changes in plans and specifications as ifdeems appropriate.
4.4. Additional Indebtedness. If the revenues produced by the Trust Property
are insufficient to pay expenses, including, without limitation, any disbursements made by
Trust Deed
MERRII_l. O'SULLIVAN LLP
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1070 NW BOND ST" SUITE 300 .
BEND. OR 97701
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Beneficiary or Trustee pursuant to this Section 4, a receiver may borrow, or Beneficiary or
Trustee may advance, such sums upon such terms as it deems necessary for the
purposes stated in this section, and repayment of such sums shall be secured by this Trust
Deed, Amounts borrowed or advanced shall bear interest at a rate equal to the lesser of
fifteen percent (15%) per annum or the highest rate permitted by applicable law. Amounts
borrowed or advanced and interest thereon shall be payable by Grantor to Beneficiary or
Trustee on demand
SECTION 5.
APPLICATION OF PROCEEDS
,All proceeds realized from the exercise of the rights ,and remedies under Sections 3
and 4 shall be applied as follows:
5.1. Costs and Expenses. To pay the costs of exercising such rights and
remedies, including the costs of any sale and the costs and expenses of any receiver or
lender-in-possession, .
5.2. Indebtedness. To pay all other amounts owed by Grantor, payment of which
is secured by this Trust Deed.
5.3. Surplus. The surplus, if any, shall be paid to the clerk of the court in the
case of a foreclosure by judicial proceeding, otherwise to the person or persons legally
entitled thereto.
~ECTlON 6.
GENERAL PROVISIONS
6.1. Reconveyance upon Payment. Upon written request of Beneficiary stating
that all sums secured hereby hav,e been paid, surrender of this Trust Deed and the Note to
Trustee for cancellation and retention and payment of its fees, Trustee shall reconvey,
without warranty, the Trust Property then held hereunder. The recitals in any
reconveyance executed under this Trust Deed of any matters of facts shall be conclusive
proof of the truthful6ess thereof. The grantee in such reconveyance may be described as
"the person or persons legally entitled thereto,"
6.2. Substitute Trustee. In the event of dissolution or resignation of the Trustee,
Beneficiary may substitute one or more trustees to execute the trust hereby created, and
the new trustee(s) shall succeed to all of the powers and duties of prior trustees,
6.3. Trust Deed Binding on Successors and Assigns. This Trust Deed shall
be binding on and inure to the benefit of the successors and assigns of Grantor, Trustee
and Beneficiary. -
6.4. Indemnity. Grantor shall hold Beneficiary and Trustee harmless from any
and all loss and expense, including but not limited to attorney fees and court costs, in any
suit, action or proceeding or any appeal therefrom brought against Trustee or Beneficiary
Trust Deed
Mffi.~lll- O'SULLIVAN LLE
ATTORNEYS AT LAW
1070 NW BONO ST.. SUITE 303
. SEND,OR 97701
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.
by a third party resulting frDm Dr attributable tD Beneficiary's ownership Df the NDte Dr
Trustee's interest under this Trust Deed, except suits, actiDns and proceedings based upon
a claim that Beneficiary Dr Trustee improperly entered intD this Trust Deed Dr Note or
loaned money thereunder.
6.5. Notice. Any nDtice under this Trust Deed shall be in writing. Any nDtice to be
given Dr document tD be delivered under this Trust Deed shall be'effective when either
de'livered inpersDn or deposited as registered Dr certified mail, pDstage prepaid, addressed
tD the party at the address first stated in this Trust Deed; prDvided that any notice pursuant
to exercise Df the Trustee's power of sale in the event of default shall be sufficient if such
nDtice cDmplies with all provisions Df OregDn law applicable to exercise of such powers Df
sale. Any party may by nDtice tD the Dthers designate a different address.
6.6. Expenses and Attorney Fees. In the event that Beneficiary or Trustee shall
take any actiDn, judicial or otherwise, tD enfDrce the NDte Dr any prDvisiDn of this Trust
Deed or if Beneficiary Dr Trustee shall be required tD appear in any prDceeding to protect
and maintain the priDrity of Trustee's title to the Trust Property, 'Tr.ustee Dr beneficiary (Dr
bDth) shall' be entitled tD reCDver frDm Grantor all expenses which it may reasDnably incur
in taking such action, including but not limited to CDStS incurred in searching records, the
CDSt Df title reports and surveyors' repDrts, and its attDrney fees, whether incurred in a suit
or actiDn Dr any appeals from a judgment or decree therein Dr petitiDn for review, or in
cDnnectiDn with nonjudicial actiDn, Grantor shall reimburse Beneficiary Dr Trustee (Dr both)
for expenses SD incurred Dn demand with interest from the date of expenditure until repaid
at a rate equal to the lesser Df fifteen percent (15%) per annum or the highest rate
permitted by applicable law.
6.7. Beneficiary's Right to Cure. If Grantor fails tD perfDrm any obligatiDn
required Df it under this Trust Deed, Beneficiary may, without 'notice, take any steps
necessary tD remedy such failure. Grantor shall reimburse beneficiary for all amDunts
expended in so doing Dn demand with interest at a rate equal tD the lesser of nine percent
(9%) per annum or the highest rate permitted by applicable law from the date Df
expenditure until repaid. Such action by Beneficiary shall not constitute a waiver of the
default or any other right or remedy which Beneficiary may have on account Df GrantDr's
default.
6.8. Applicable Law. This Trust Deed shall be governed by the I.aws of the State
of Oregon.
6.9. Time of Essence. Time is Df the essence of this Trust Deed.
6.10. Headings. The headings tD the sections and paragraphs Df this Trust Deed
are included only fDr the cDnvenience Df the parties and shall not have the effect of
defining, diminishing or enlarging the rights Df the parties or affecting the construction Dr
interpretatiDn Df any portiDn of this Trust Deed.
MERRILL O'.~ULUVAN LLFl
Trust Deed
ATTORNEYS AT LAW
1070 NW BOND ST.. SUITE 303
SENO. OR 97701
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6.11. Severability. If any provision of this Trust Deed shall be held to be invalid,
illegal or unenforceable, such invalidity, illegality or unenforceability shall not affect any
other provisions of this Trust Deed, but this Trust Deed shall be construed as if such
invalid, illegal or unenforceable provision had never been contained herein.
6.12. Entire Agreement. This Trust Deed and the Notes contain the entire
agreement of the parties with respect to the matters covered, and no other previous
agreement, statement or promise made by any party to this Trust Deed which is not
contained in its terms or in the terms of the Note shall be binding or valid.
6.13. Cross Default. A default under the Trust Deed or the Notes or either of them
shall constitute a default under the remaining documents.
IN WITNESS WHEREOF, Grantor has caused this Trust Deed to be executed as of
the day and year first above written,
GRANTOR:
-~
:::;/~~ ' ---...
- ruan Bui ________
STATE OF OREGON; County of Iv; hOP. : ss,
On0.J.vwar4 5 , 2006, personally appeared the above-named
Tuan Bui, and acknowledged the foregoing instrument to be his voluntary act. Before me:
.~~---------------~-~-------~:
'G OFFICIAL SEAL ,
,~~'" G1NAL LARSON '
: ,.~" NOTARY PUBLIC. OREGON :
, ' '~' COMMISSIONNO,374108 :
i "MY COMMISSION EXPIRES JANUARY 18, 1008 .
.~
~). ",' _'.'/)~J
Notary Pub' k1r..6regon
-- - - -- --.-.------.-----------,-:
MERRILL O'SULLIVAN LLP
Trust Deed
ATTORNEYS AT ~w
1070 NW SOND ST., SUITE 303
BEND. OR 97701
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Eo",ow No. 01 .51175B.CM -46
Tide Order No. 00611768
EXHIBIT_ TWO
PARCEL I:
Beginning at e Point on the North line of the Robert E, Campbell and wife Donation Lend Cleim No. 59 in Township
17 South, Range 3 West of the Willamette Meridian. 2481,2 feet West of the Northeast corner of said Donation Land
Claim, which Point of Beginning is also 80 feet East of the Northeast corner of County Survey No, 1015; thence
running South 711.6 feet, parellel to the East line of County Survey No. 1015: thence East 112 feet. perellel to the
South line of said Donation Land Ciaim No, 59: thence North 711.6 feet, more or less, to the North line of the said
RobertE. Cempbell end wife Donation Land Claim. No. 59; thence West 112 feet to the Point of Baginning, in Lane
County, Oregon.
EXCEPTING THEREFROM that portion thereof conveyed by Stanley C. Broaddus, et al to the State of Oregon by and
through its State Highway Commission by deed record ad April 17, 1959, Reception No. 65337, L.ne County Deed
Records. in Lane County, Oregon.
ALSO EXCEPT thaI portion thereof conveyed to Lane County, Oregon, by Stanley C. Broaddus and Ima G. Broaddus
by Deed recorded June 23,1959, Clerk's File No.71244,and Rhoda S. Price by daed recorded June 23,1959 Clerk's
File No. 71243, Lane County Deed Records, in Lane County, Oregon.
ALSO EXCEPT that tract to Lane County, Oregon for Fairview Drive by daed recorded by March 16, 1961, Clerk'S File
No. 26236, Lane County Deed Records, in Lana County, Oregon.
ALSO EXCEPT: Beginning at a Point on the Northerly right-of-way line of Fairview Drive, said point being 220.81 feet
South O. 47' West and 80.0 feet South 890 56' 10. East of the Northeast corner of Block 7, FIRST ADDITION TO
CENTENNIAL GARDENS, as platted and recorded in Book 38, Page 14, Lane County Plat Records; running thence elong
seid Northerly right-of-way line, South aso 56' 10' East 112.0 feet; thence North 0047' East 120,0 feet: thence
North 89.56' 10' West 112.0 feet: thence South O. 47' West 120.0 feet to the Point of Beginning, in Lene County,
Oregon.
PARCEL II:
A tract of land in Section 27, Township 17 South, Range 3 West of the Willamette Meridian, more particul.rly
described as follows: Beginning et the Northeast corner of that property described in Reel 131, Instrument #6550,
Lane County Deed Records, which point is 2369.2 feet, more or less, West of the Northeest corner of Robert E..
Campbell Donation Land Claim No. #59: thence Southerly, .Iong .aid line, 711.6 feet, more or less, to the North line
of F.irview Drive: thence Easterly, along said Fairview Drive, 10 feet, more or less, to the Southwest corner of that
property described in Book 331, Page 63, said Deed Records; thence Northerly, elong .eid property line, 710.6 feet,
more or less, to the Northwest corner of said property; thence Westerly 10 feet, mora or less, to the Point of
Beginning, in lane County, Oregon.
,
EXCEPTING any part of the above described property lying South of a line 120 feet from .nd parallel to the North
right-of-way line of Fairview Drive and excepting any part North of the South right-of-way line of the Q Street
Floodway.
.,.....
.,.
RECORDATION REQUESTED BY:
NORTHWEST BANK
4900 Meadows Road Suite 410
lake O:swego, OR 97036
Division of Chief Depuly Cle~k
Lane Counly Deeds and Reco~ds
200D.OOJ~~~
SEND TAX NOTICES TO:
CASCADE CAPITAL PARTNERS, INC.
250 NW FRANKLIN AVE. SUITE 401
8END. OR A'17n,
111\1 nil 11111 II 111111111111111111111111111 $56.00
10773.78200601034 :90031033 01118/2006 10:21 :07 AM
RPR-ASN Cnl:l Sln:6 CASHIER 07
$15.00 $10.00 $11.00 $20.00
WH.EN RECORDED MAIL TO'.
NORTHWEST BANK
4900 Meadows Road Suite 410
lake Oswego, OR 97035
!=:PA~F 4BOVF THI~ LINE L<:' FOR RFC"nRT\FR',," ll~F ONLY
ASSIGNMENT OF DEED OF TRUST
THIS ASSIGNMENT OF DEED OF TRUST dated January 11. 2006. is made and executed between CASCADE
CAPITAL PARTNERS. INC" whose address is 250 NW FRANKLIN AVE. SUITE 401. BEND. OR 97701 lreferred to
below as RAssigno,"} and NORTHWEST BANK. whose address is 4900 Meadows Road Suite 410, Lake Oswego.
OR 97035lreferred to below as "Assignee"). *2006-001089
DEED OF TRUST. TUAN BUI, the Grantor, executed end granted to WEST COAST TITLE & ESCROW COMPANY, as Trustee, for the benefit of
CASCADE CAPITAL PARTNERS, INC., the Beneficiary, the following described Deed 01 Trust dated January 5,_2005 (the "Deed of Trust"l. *
REAL PROPERTY DESCRIPTION. The Deed of TrusI l:over$ the 10Uowing dllSl:ribed real property 10l:ated in Lane County, State of Oregon;
See Exhibit 1, whil:h is attached to this Assignmenl and madll a part of this Assignment a811 fully set forth herein.
The Real Property or its address is commonly known as lots with the following tax account numbers located'in the city of, Springfield, OR. The
Real Property tilx identification number is 4102990, 0230589, AND 0230597.
ASSIGNMENT OF.DEEO OF TRUST. For valuable consideration, represented in the Note dated January"', 2005, in the originel principel
amount of $346,408,00, from Assignor to Assignee, Assignor hereby 81lsigns end conveys to Assignee all of Assignor's right, title, end interest
in and to the above described Deed of Trust. together with 1111 of Assignor's right, title end interest in and to the promissory note or notes to(
other c~edit agreements) secured by the Oiled of Trust.
ASSIGNOR:
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STATEOF ~4~ CORPORATE Ac,KNOWL;~.~"N'. JUUEt'~=.:::' "i
- - /J! _ / -L , ss' r<<rrNf'f PUlIUC-OIIEGON
COUNTVOF//f.tbt~_fb1 I ~ MYC_SSiON~~~82JlO8 _
,fa.- // :11 . I. 1 ",,' 1'1., 'dl~1 ._1..1 I ,I ,p
On this /( day of ~~_'1 _, 20t2LL...-, before me, the undersigned Notery Public, personally
appeere~'ES M COLE, pre'ident~f SCAOE CAPITALft>ARTNERS, IHe" and known to meta be an authori2ed agent of the corporation
thBt executed thB Assignment of Dee I. TruSI and acknolArf'edged the Assignment to be the frae IInd voluntary acr and deed of the corporation,
by i1uthOflty of its Bylaws or by reso ion of Its board 01 dlrector$, for the uses and purposes therein mentIoned, and on oath stated that he or
,h. i, '",hOri~ "~7;&.i,'m.ot ,,' i, ,,,' ",,",., <h, '''.001.0' " b.h.ll of th, '''po","oo.
By u; L ~-bL-_ R",;dio,ot I )},~~"""'1 tJL
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This irstrument ft!2d for !eCOIO by
Fid"iity National Title Company as an
acOOI nmodation only. It has not been
examined as to its execution or as to
its t;f~ect upon the title.
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EXHIBIT ONE
PARCEL l:
Beginning at a point on the North line of the Robert E. 'Campbell and wife Donation Land
Claim No. 59 in Township 17 South, Range 3 West of the Willamette Meridian, 2481.2
feet West of the Northeast comer of said Donation Land Claim, which Point of
Beginning is also 80 feet East of the Northeast corner of County Survey No. 1015; thence
running South 71 1.6 feet, parallel to the East line of County Survey No. 1015; thence
East 112 feet, parallel to the South line of said Donation Land Claim No. 59; thence
North 711.6 feet, more or less, to the North line of the said Robert E. Campbell and wife
Donation Land Claim No. 59; thence West 112 feet to the Point of Beginning, in Lane
County Ort:gon.
EXCEPTING THEREFROM that portion thereof conveyed by Stanley C. Broaddus, et al
to the State of Oregon by and through its State Highway Commission by deed recorded
April 17, 1959, Reception No. 65337, Lane County Deed Records, in Lane County,
Oregon.
ALSO EXCEPT that portion thereof conveyed to Lane County, Orcgon by Stanley C.
Broaddus and Ima G, Broaddus by Deed recorded June 23, 1959, Clerk's File No.
71244,and Rhoda S. Price by deed recorded Junc 23, 1959 Clerk's File No. 71243, Lane
County Deed Records, in Lane County, Oregon.
ALSO EXCEPT that tract to Lane County, Oregon for Fairview Drive by deed recorded
by March 16, 1961, Clerk's File No. 26236, Lane County Decd Records, in Lane County,
Oregon.
ALSO EXCEPT: Beginning at a Point on the Northerly right-of-way line of Fairview
Drive, said point being 220.81 feet South 00 47' West and 80.0 feet South 89056' 10"
East of the Northeast comer of Block 7, FIRST ADDITION TO CENTENNIAL
GARDENS, as platted and recorded in Book 38, Page 14, Lane County Plat Records;
running thence along said Northerly right-of-way line, South 890 56' 10" East 112.0 feet;
thence North 00 47' Ease 120.0 feet; thencc North 890 56' 10" West 112.0 feet; thence
South 00 4 7' West 1 20.0 feet to the Point of Beginning, in Lane County, Oregon.
PARCEL 1I:
A tract ofland in Section 27, Township 17 South, Range 3 West of the Willamette
Meridian; more particularly described as follows: Beginning at the Northeast comer of
that property described inXeel i 31, Instrument #6550, Lane County Deed Records,
which point is 2369.2 feet, more or less, West ofthe Northeast comer of Robert E.
Campbell Donation Land Claim No. #59; thence Southerly, along s.aid line, 711.6 feet,
more or Jess, to the North line of Fairview Drive; thence Easterly, along said Fairview
Drive, 10 feet, more or less, to the Southwest comer of that property described in Book
331, Page 63, said Deed Records; thence Northerly, along said property line, 710.6 feet,
:..,
Page 1 of2
,.
more or less, to the Northwest comer of said property; thence Westerly 10 feet, more or
less, to the Point of Beginning, in Lane County, Oregon.
EXCEPTING any part of the above described property lying South of a line 120 feet
ITom and parallel to the North right-of-way line of Fairview Drive and excepting any part
North of the South right-of-way line of the Q Street Floodway.
Page 2 of2
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OROER NO.
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BARGAIN AND SALE DEE:D
THIS IND=NTURE WITNESSETH: That
husband and wifi,
the Grontor S . for and in consideration of the sum of ONE AN D 00/100
and other good and valuable consideratIon
to the ~ paid, do hereby, bargai~ sell and conyey u{lto
Ja~S L. Crom and Margaret J. \-rom, husband and
Stanley C. Broaddus and Ima G.
3r.oaddus,
DOLLARS
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the grantee S . the following described premises. to-wit:
BegInnIng at'a poInt on the North lIne of the Robert E. Campbell
and wIfe DonatIon Land ClaIm No. 59, In Township 17 South,Range
3 West of the WIllamette MerIdian 2481.2 feet West of the North-
east corner of saId Donation Land ClaIm whIch begInnIng point
Is also 80 feet East of the Northeast corner of County Survey
No. 1015, thence runnIng South 711.6 fe~t parallel to the
cast lIne of County Survey No. 1015, thence East 112 .feet
parallel to the South lIne' of saId D. L. C. No. 59, thence
North 711.6 feet, more or less, to the North line of the saId
Robert E. Campbell and wife D. L. C. No. 59, thence west 112
feet to the point of begInnIng, in lane County, Orego.n.
Subject to easements,reservatIons and restrIctIcrs of record.
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Subject also to mortgage to the UnIted
Portland, Oregon, recorded February 6,
No. 77062, Lane County Oregon Mortgage
States NatIonal Bank of
lqD, under Clerk's FIling
Records.
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the gra~tee:: , the following described premises, to-wit:
~~gin~ing ata point on the North line of the Robert E. CampbEl I
,roj ..,1:" uoni>tion Land Claim No. 59, in Township 17 South,Ctange
3 West ~r the Willamette Meridian 2481.2 feet West of the North-
~3St c~,ner of said Donation Land Claim ..,hich beginniog point
is also 30 feet East of the Northeast corner of County Survey
~,:). 101::, thence running South 711.6 feet parallel to the
East line of County Survey No. lOIS, thence East 112 feet
paralle I to the South line of said D. L. C. No. 59, thence
North 711.6 feet, more or less, to the North line of the said
Robert E. Campbell and wife D. L. C. No. 59, thence west 112
feet to the point of beginning; In tane County, Oregon.
Subject to easements, reservations and
restricti~ of record.
Subject also to mortgage to the United
Portland, Oregon, recorded February 6,
No, 77062, Lane County Oregon Mortgage
States National Bank of
l~, under Clerk's Filing
Records.
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TO HAVE AND TO HOlD the said Premises. with their appurtenances, unto the said Grantee s, the! r
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IN ~ WH8lEOf. We have hereunto set
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Deed
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Division of Chief Deputy Cl
Lane County Deeds and Reco~
200S.00lO8?
RECORDING RmuEsTEO BY
FIDELITY NATIONAL TITLE COMPANY Of OREGON
GRANTOR'S NAME
James D. Wynne and
Robert F. Myers, aka Bob Myers and Geraldine ~. Myeis
11111111111 1111 II III I 1111111 1111 111111111111;1 III
00771033200600010870020024
RPR-OEED Cnl=l Sln_-" 01/051200s 12:39:31 PM
= CRSHIER 04
,$10.00 $11.00 S10.00
$31.00
GRANTEE'S NAME
T uan Sui
SEND TAX STATEMENTS To:
T uan Sui
85903 Bailey Hill Road
Eugene, OR 97405
AFTER RECORDING RETURN TO:
Tuan Sui -
85903 Bailey Hill Road
Eu.gene, OR 97405
~I"AL:t Al:lUVt I t11~ Lllllt r-UH Ht\..:UI"IUtrl ::. U::>t
STATUTORY WARRANTY DEED
James D. Wynne, as to a undivided 50% interest and Robert F. Myers. aka Bob Myers and Geraldine R. Myers. as to
'---:"<1'h undivided"SV'-f.;-lr.teresi:.-"-- .~-,.- ~.-. - .._~ -. -,-- .,--+-
Grantor, conveys and warra~ts to
Tuai1 Bui,
Grantee, the following described real property, free and clear of encumbr.ances except as specifically set forth below,
situated in the County of Lane, State of Oregon,
SEE EXHIBIT ONE ATTACHED HERETO AND MAOE A PART HEREOF
Subject to and excepting:
Rights of the Public, Easements, Covenants, Conditions and Restrictions of record, if anv.'
THIS INSTRUMENT WILL NOT ALLOW USE OF THE PROPERTY OESCRIBED IN THIS INSTRUMENT IN VIOLATION OF
APPLICABLE LANO USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT THE
PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULO CHECK WITH THE APPROPRIATE CITY OR COUNTY
PLANNING OEPARTMENTTO VERIFY APPROVED USES AND TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST
FARMING OR FOREST,PRACTICES AS OEFINEO IN ORS 30.930.
THE TRUE ANO ACTUAL CONSIOERATION FOR THIS CONVEYANCE IS-$200,000.00' ISee ORS 93.0301
"50%'o~ which is paid to an accommodator as part of an IRC 1031 exchange
DATED: January 5, 2006
It-.. ~/lw~
1~5 D. Wynne' -
~~/f2~4./~
f10bert F Myers, aka ~yers
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AFT~R RECORDING RETUr.N TO
FIDELrTY NATIONAL TITLE INSURANCE
COMPANY OF OREGON
BOO WILLAMETTE ST., #500
EUGENE, OR 97401
STATE OF OREGON
,COUNTY OF LANE
This instrument was acknowledged before me on
Januarv 5. 2006
fj[_n~~-'__-----'
_ OFFIClAlIDL ~ -
C P Me ClOSKEY
-".,'j NOTARYPUBUC-OREGCW
CQM1.1ISSlONNO.36t873
~_.M~ ~_~MlSSJON EXPIRES OCT. 20. 2000
by James O. Wynne. Robert F. Mvers. aka Bob Mvers
and Geraldine R. Mvers ~ ' {
NOTARY PUBLIC FOR OREGON 10/'- ---1,,,_/
MY COMMISSION EXPIRES: Il:.4-0 / v 'f"
FORD-313 {Rev 2196i
~ _ smS5 III
STATUTORY WARRANTY DEED
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Escrow No_ 01-S11758-CM -46
Till.. Order No. 00511758
__..---EXHIBlT ONE
PARCEL I,
" Beginning at a Point on the North line of the Robert E. Campbell and wife Donation land Claim No. 59 in Township
'....1-7-S~uth, Range 3 West of the WilIamette Meridian, 2481.2 feet West of the Northeast corner of said Donation land
Claim, which Point of Beginning is also 80 feet East of the Northeast corner of County Survey No. 1015; thence --'
running South 711.6 feet, parallel to the East line of County Survey No. 1015; thence East 112 feet, parallel to the
South line of said Donation Land Claim No. 59; thence North 711..6 feet, more or less, to the North line of the said
Robert E. Campbell and wife Oonation Land Claim No. 59; thence West 112 feet to the Point of Beginning, in Lane
County, Oregon.
EXCEPTING THEREFROM that portion thereof conveyed by Stanley' C. Broaddus, et al to the State of Oregon by and
through its State Highway Commission by deed recorded April 17, 1959, Reception No. 65337, Lane County Deed
Records, in lane County, Oregon. ,./
ALSO EXCEPT that portion thereof conveyed to Lane County, Oregon, by Stanley C. Broaddl:ls and Ima G. Broaddus
by Deed recorded June 23,1959, Clerk's Rle No.71244,and Rhoda S. Price by deed recorded June 23.1959 Clerk's
File No. 71243, lane County Oeed Records, in Lane County, Oregon. V
ALSO EXCEPT that tract to .Lane County, Oregon for Fairview Orive by deed recorded by March 16, 1961, Clerk's File
.No. 26235,-Lane-County 9~ed Record~.-in Lane Count~!'9g.Q~c~
ALSO EXCEPT: Beginning at a Point on the Northerly right-of-way line of Fairview Drive, said point being 220.81 feet
South 00 47' West and 80.0 feet South 890 56' 10" East of the Northeast corner of Block 7, FIRST ADDITION TO'
CENTENNIAL GARDENS, as platted and recorded in Book 38, Page 14; Lane County Plat Records; running thence along
said Northerly right.of-way line, South' 890 56' 10" East 112.0 feet; thence North 00 47' East 120.0 feet; thence
North 890 56' 10~ West 112.0 feet; thence South 00 47' West 120.0 feet to the Point of Beginning, in Lane County,
Oregon..
PARCEL II:
A tract of land in Section 27, Township 17 South, Range 3 West of the Willamette Meridian, more particularly
described as follows: Beginning at the Northeast corner of that property described in Reel 131, Instrument #6550,
Lane County Deed Records, which point is 2369.2 feet, more or less, West of the Northeast corner of Robert E.
Campbell Donation Land Claim No. #59; thence Southerly, along said line, 711.6 feet, more or less, to the North line
at Fairview Drive; thence Easterly, along said Fairview Drive, 10 feet, more or less, to the Southwest corner of that
propertY described in Book 331, Page 63, said .Deed Records; thence Northerly, along said property line, 710.6 feet,
more or less, to the Northwest corner of said property; thence Westerly 10 feet, more or less, to the Point of
Beginning, in Lane CountY, Oregon.
EXCEPTING any part of the above described property lying South of a line 120 feet from and parallel to the North
right-of-way line of Fairvie:^, Drive and excepting any part North of the South right-of-way line of the 0 Street
Roadway.
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ESc..TOW No. 00025766
WARRANTY DEED (INDIVIDUAL)
DELAINE,R. MEYER, herein called grantor, convey(s) to TUAN DUI, Gruntcc, all that real property situated in
the County' of LA NE, State of Oregon, described as;
See Exhibit A attached hereto and made a part hereof.
and covenant(s) that grnntor is the owner of the above described property free of all encumbrances except
COVENANTS, CONDITIONS, RESTRICTIONS, AND EASEMENTS OF RECORD.
and will warrant and defend the same against all persons who "may lawfully claim the same, exce?t as'shown above.
Th~ nue and actual consideration for this transfcr is $145,000.00..
Dated January 3, 2006.
wk,.'n d?~
DELAINE R. MEYER - - 6 .
STATE OF OREGON, County of LANE) 55.
On this~tw'1.lULr L.j 1--, .;{D~ personally appeared the above named DELAINE R. MEYER and
acknowledged the foregomg instrument to be HER voluntary act and deed.
Before me: ( /}I I)
I~-~ '" ~~-~~ W ==r4t~/.-/)~/I-<- -
~ G1NAlLARSON ..", - ,,-;- ~G
-:: ~ NOTARYPUBUC-QREGON NomryPuDlcrorOKt:.ION
~~IJ COMMISSION NO 374108 My commiSSion expires- I~O~
~MYC:OMMlSSlOtlEXPIRESJANUAR\'2B2lJ08
- - - - - ~v:;:.- ....,.~..u.4>l~clude cash plus all encumbrances e;mtmg against the property to which the
property remains subject or which the purchaser agrees to pay or ~sume.
, W ARRANTY.DEED (INDIVIDUAL)'
STAT.~_C\r-O~.",=.c:~J:---... .,
. , Division of Chi~r Daput.y Clar-k
Lane County Deeds and Reeo~d~
200D-~~1 ~88
TO
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on th,
o'clO(
1111111111111111111111111111111111111111111111111
00771037200600010880020028 .
01/06/2006 12:39:31 PM
RPR-DEED CnL=l SLn=5 CASHIER 04
$10.00 $11.00 $10_00
$31.00
Df;LAI1':iE R. MP.VER
Send Tax Statements to:
TUAN BUI .
'?5CJ~3 g."lcy J/;// 1&,
D...Jcne, D>'! 0?/l'5
,W
After Recording Return to:
PACIFIC NORTHWEST TITLE OF LANE
COllNTY, LLC .
560 COUNTRY CLUB PARKWAY
,SUITE 110,
EUGENE, OR 9740i
Title
Bv
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_ v,lianFarrnsDOO3~RR"v.01J;!3197
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Exhibit A l
BECINNING at a point on the North line orthe Robert E. Campbell and wife D.Le. No. S9 ill Township 17 South, Range 3
West of the WillamcUe Meridian, 2280 feet West of the Northeast l::orncr of said D.LC, thence South 710.6 feet, thence West
parallel to the Snuthline of said D.Le. 75 feet, thence Norlh 710.6 feef to the North line of said D:L.C., thence East 75 feet to
the place of beginning in Lane County, Oregon.
,
EXCEPTING tnerefrom that portion cunveyed to the Slate of Oregon by deed recorded :Iul:r 26, 1956, Reception No. 9075l.
ALSO EXCEPTlNC that porlion conveyed to Lane Count)' by deed recorded Jun~ 22,1959, Reception No. 71168.
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TL 1000, MAP17-03-27-31
BARGAIN AND SAL= 0==0
KNOW ALL BY TH=SE PRESENTS, thai p~ Grantor,
in consideration of the acceptance by the City of Sprin ield, Oregon~Grantee, and the use or holding of said
pmperty for present or future public use by grantee, grantor hereby grants, bargains, sells and conveys UntO the
said grantee, its successors and assigns, all the following real pmperty, with the tenements, hereditaments and
appurtenances, situated in the County of Lane and State of Oregon, bounded and described as follows;
SEE EXHIBIT"A" A TI ACHED
The same hereby and forever dedicated to the public to be used as public ~ad.
TO HAVE AND HOLD, the above described and granted premIses unto the said grantee, its successors and
assigns forever. .
The monetary consideration for this conveyance is NONE
IN VYITNESS WHER=:OF, the grantors above named have hereunto set theIr hands and seals thIS L day
of/}P/'-.I'^l.,L'.;/, ,20.e;l...... .
(tfUL- I_
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(SEAL)
(SEAL)
(SEAL)
(S=AL)
State of O~e.gon, County' of 1-....4:.Lv"! .ss Personally appeared the above named and acknowledged the
foregoing instrJment to b::~c:I::~ act and deed, Before me 'iJ' )& j ./ L
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(" KAREN L. WALTERS ~,~ PU~blicfOr,Oregon
. - :;, NOTA.RY PUBUC .OR::GON 7
<,' COMMISSIONND,347ll5S ;l_,,?, _A,~
MY COMMISSl8N 9(pjReS AlJSYBi 1G. BQQS 0 . /' 1'--1 U ~
ii -.-.,-. - My Commission Expires
The conveyance set forth in this instrument conveying title or interest to the City of Springfield, a Municipal
Corporation of the State of Oregon, is hereby approved I and the title or interest conveyed therein is hereby
accepted.
City of Springfield
by:
&"".., Q.. r
Don R. Rogers ~ City of Springfield Surveyor
~8;;2. 3, 'Z..=z..
Date
I' Divisian ar Chief Depuly Cler-k
I Lane Caunty Deeds and Rec:or-ds
~OOl.O~69~l
1111111111111111111111111111111111111111111111111 $31 ,00
0036746720020096994ill!l20023 12113/2002 10:52:46 AM
RPR-DEED CnL=1 SLn=1 CRSHIER 03
$10.00 $11.00 $10.00
RETURN TO:
CITY OF SPRINGFIE:LD . PUBLIC WORKS DEPT, - 225 FIFTH STREET - SPRINGFIELD, OREGON 97477
Send Tax Statement To: City of Springfield, Finance Dept. .225 Fifth S.treel, Springfield, OR. 97477
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DEDICATION OF A PORTION OF A CUL-D-SAC
WEST QUI NAULT AVENUE
Beginning at the Northeast corner of Block 7, FITst Addition to Centennial Gardens, as platted and recorded on Page
14, Book 38, Lane County Oregon Plat Records, said point marked by a Yo inch iron pipe and being 485.54 feet
South and 2567.92 feet West of the Northeast comedo the Robert C, Cambell D.L.C, #59; runnin9 North 78018'30"
East 81.93 feet along the South margin of West Quinault Avenue to an iron pin; thence continuing along the South
margin of West Quinault Avenue North 78018'30" East 114.71 feet; thence North 00047'00" East 51.20 feet to a
point on the North margin of said West Quinault A venue: said point being 25.00 feet from, when measured at right
angles to, the centerline of said West Quinatilt Avenue, said point also being the True Point of Beginning; thence
leaving the North margin of said West Quinault Avenue North 00047'00" East 19.91 feet; thence along the arc of
a 46.00 foot radius curve left (the chord of which bears South 64007'19" West 44.82 feet) a distance of 46,82 feet;
thence along the arc ofa 3 LOO foot radius curve right (the chord of which bears South 56038'15" West 22.90 feet)
a distance of23.45 reet to a point on the.Nortn.margin of\V~st Quinault Aven?c:, said point being 25.00 reet from,
when measured at right angles to,' the centerline of said West Quinault A venue; thence along the north margin of
said West Quinault Avenue North 78018'30" East 60.43 feet to the point ofbeginnmg, all in Lane County, Oregon.
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Beginning at the Northeast corner of Block 7, First Addition to Centennial Girrdens, as platted and recorded on Page
14, Book 38, Lane County Oregon Plat Records, said point marked by a Y, inch iron pipe and being 485.54 feet
South and 2567.92 feet West of the Northeast comer fo the Robert C, Cambel! D.LC. #59; running North 7801 8'30"
East 81.93 feet along the South margin of West Quinauh Avenue to an iron pin; thence continuing along the South
margin of West Quinault Avenue North 78018'30" East 114.71 feet to a point, said point being southerly 25.00 feet
from, when measured at right angles to, the centerline of said v..' est QumaultA venue, said point also being the True
Point of Beginning; thence leaving the North margin of said West Quinault Avenue South 00047'00" West 20.79
feet; thence along the arc ofa 46.00 foot radius ClL--ve right (the chord ofwruch bears North 7500] '49" West 26.41
feet) a distance of26.78 feet; thence along the arc ofa 31.00 foot radius curve left (the chord of which bears North
80'01 '15" West 22.90 feet) a distance 'of23.45.feet to a point on the South margin of West Quinauli Avenue, said
point being 25.00 feet from, when measured at right angles to, the centerline of said Vl est Quinault A venue; thence
along the South margin of said West Quinault A venue North 78'18'30" East 49.37 feet to the Point of Beginning,
all in Lane County, Oregon. .
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Tne above described property is a portion of Tax Map 17-03-27-31; Tax Lo1 1000,
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all'<that ~eal property sltJJated in tpe Ci:;Ilifny
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Beginning at a: point on the Nor.therly i:igi1.L':; of \lay li Ie I<lf. k.~i.~tW
Drive, s;td. pOlht'beiog 220.81 ,feet SO_U.~h 00 47r We5t~.an~ 8@pO;~eet
South .~~, 5~:'.: .'+9" East of' the Northeast.; cor.ner of Block. 1, ~~S:t; .
Add1tipn to~'Ce?-tennial GardeI"...s,. as p1a't-ted :and' re.cord~d 'tn Vol~
38, page ~4, Lane County Or:ego~ Plat'Recards., Lane CO,!:Ul't;;y, OregQn;
running thence 'aloog ~ai-d Northerly right of_~':way,.lline~ 3'Outn 89~
56' :ta" Eaat.. 112.0 . feet; thence North 0~ 411. East, 120lO feet; '1-
thene,e: North- :89~ 56.r lOti 'West 112:.0 fe,etj thence 30utn Or 4'1' W~st
120.0 ':feet to the point at" beg:tn..'1:in&, '.~h Lane 6ount..y, Or~gon. t!
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. :State oJ Oregon, descr,ibed as:.
The true and actua'l consideration for this,transfe-rjs'$
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Dated this
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E' '. IN TESTIMONY WHEREOF, I have hez'eunto 8et my h4nd and
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QUITCl.<lIl DEED
LANF. C~UNTY, n politJcat subdivision of th~ State of O~e8on. rele..eM
and ql..lllCldml'l t() 1'm; :;rTY OF r.T'RINGf'"lELll, \11 It!;! dRhtR, title- nnd'lntc.reNl
in tnAt Te.ul prupcrty R1Lunted in I.llne County. Stnt.e- of Orl!gon. del'lcribod DB:
A&~ellsf)r'l> M3p Number 1]-0)-27-) 1 3600 ll}-Ol. be ins in RcctiDn
twenty-sever! (27),' 'Township 17 SrJuth, RanBe J Weat. 'Wilulllette Meridian.
~ginnlns at the Northeftst eorner of that propertJ described in Insttu-
.~ 1,65,50, Reel 131. Depart1:lent of Reeorda and Elections, vhleh point
,/ i8 2369.2 feet, .lInre- of lBlIA, \lest of the Northeut eorner of R.obert r..
. Callpbell Donat.ion l..ahd Clll1m '59, thence Southerly along add line 7l1.6
feet, nore or less, to the North line of Pairvlew Dr!9.; thence !a8cerly
1l1on~ Raid F.alrview Ddve 10 feet, lIU)r(! or leal'l. t.o Southlt8at eo~ner of
tbat. property described in Volume 331, P~Se ~3. of said T~ne Ccu..~j
Dernrtment of RecordA ond f.Jr.ct{nn~. thpnce Ho~t.harl, &10n8 .aid pro-
prrty lint. 710.f! !r"f't, ..on~ flr ICAR, to t'IIC No:-theut corner of oaid
property; thl!!ncl.' Wt:sterl)' 10 feet, .ore or leaB, to the point of beginning_
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The true and actunl conKidcration for thi~ transfer is ~.
DATED thie J};"t'1t day nf -T>","--~'_' 19!6.
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QUITCLAiM DEED
THE CiTY OF SPRINGF!j:ry, a muniCipal corp0,alion of the State of Oregon,
releases and quitclaims to/James O. Wynn and Robert F. Myers, all its rights. title
and interest in that real property situated in Lane County, State of Oregcn,
described as:
". Asse~sor's Map NUlrber 17-03-27-3 1 3600 19-03,being in Section
twenty-seven' (27), Township 17 South, Range 3 West, Wiliamette Meridian.
DEginning at the Northeast corner of that property described in Instru-
ment #6550, Reel 131, Oepartment of Records and Elections, which pOint
;$2369.2 feet, more Or less, West of the Northeast Corner of Robert E.
Campbell Donation Land Claim #59, thence Southerly alon~ said line 711.6
feet, more Or less, to the NOrth line of Fairview Drive; thence Easterly
along said Fairview Drive 10 feet, more Or less. to Southwest comer of
that Property described in Volume 331. Page 63, of said lane County
Department of Records and Electi ons, theno Norther'ly along sai d property
line 710.6 feet, more Or less, to the Northeast comer of said property;
thence Westerly 10 feet, more 0r less, to the point of beginning.
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Excepting any part of the abOve deScribed property lying South of a
'line 120 feet from and parallel to the .north right of way I1ne of Fairview
Drive and excepting ani part north of the south right of wilY line of the
Q Street Floodway. .
The true and actual consideration for this transfer is the granting
of a storm drainage easement.
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Done by order of the Common Council of the City of Springfield this /7 d~
of, .0 /.7Lk:Zry /,/'77. ~
. . -{THE /~~SPRINGFIELO
ATTEST: by v.. c::;;, Lo.t.-
/layor .. -I ~
55,
County of Lane
On this /7 day ofjant/<-lrr/ .' 1977,.before me appeared ____
/. ,
/;'/'/1 /1,:'1""- .' to me personally known, who be;,;;>
first duly SWOI-n, did say that he is the May~r of the City of Springfield, a
municipal corpor.tion in L.ne County. Oregon, .nd that the sea) affixed to the
forego.ing instrument ;5 the corporate seal of said municipal corpOration, and
that said instrument was signed and sealed in behalf of the City Of Springfield
by authority 0f the COlTlllon Council of said City, .nd that 1/';"//7 /11"''</<:''1-
I
. .cknowl edged sai d instrument to be the free act
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IN WITNESS i<lHEREOF, I have hereunto set my h1nd and sea 1
,JorJt/a r</ .' 19 ZL,
this ~ day of
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State of Oreion.
COUnty of L."fle ___s.
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I, D. M: P'!'nIQld. Director of the
Dep...rtment of Record. ..nd Elections,
in and for the '<lid County, do h~reby
certIfy th,u the .....Ithin inUtulnlllnt WIlt
rl':;'~ived (or recOl"d ,U
tmJAN28.w
9 20
I R..I 8 3 1 .6L
. Lane County OFFICIAL Records.
D. M. PENFOLD, Director of tho,'
).,"m:;;J1 Roco,d. · EI''''on..
By'_' u..-(A'---'X ,;...
. D<!puty
9.08.1-05
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SO-OH.I..$'
Aml Rl!1:tl!ding Return To:
Western Title & Escrow Company of Lane County
497 Oekway Roed, Suitn 340, E_ OR 97401
@
( Division of Chief Deputy Clel"'k
Lane County Deeds and Recol"'ds
lOOS-01llES
After recording return to:
WESTERN TITLE & ESCROW COMPANY
1345 NW WALL STREET, STE 200
BEND, OR . 97701
1111111111111111111111111111111111111111111111111 $71,00
007346012005007116501001~7_09/09/2005 02:59:42 PM
RPR-DEED Cnt=l Sln=6 CASHIER 07
550.00 511.00 510.00
Until a change is requosted all tax statements
shall be sent to the following address:
J.D. CAPITAL,LLC
JACK O. OLOF
1700 ADAMS AVE., STE. 212
COSTA MESA, CA 92626
WARRANTY DEED -- STATUTORY FORM
ROBERT H. BENNETT AND JEAN P. BENNETT, CO-TRUSTEES OF THE BENNETT FAMILY TRUST,
AN 'UNDIVIDED-2~CO"'ll'ENANCY INTEREST, RICHARD BRASHEARS AS TRUSTEE OF THE
RICHARD BRASHEARS.AND MITZI LAZZARESCHI FAMcrLY TRUST, DATED 11/19/03; WHOSE
P:R9PERTY SHALL RETAIN ITS C~TER AS RICHARD BRASHEARS I SOLE. AND SEPERATE
PROPERTY WITHIN THE TRUST,' AN UNDIVIDED 20% CO-.TENANCY INTEREST, MARYANN MOON,
TRUS-P;E"OF THE MOON FAMILY REyoCAELE LIVING" TRUST ,.AN UNDIVIDED 2q% CO-TENANCY
INTEREST~ COURTENAY p': .FOOTMAN; AN UNDIVIDEO'-2ti",:g7t-' CO~TENANCY-IN'!'ERESTt DUNCAN~.
FOOTMAN, AN UNDIVIDED 6.66\ CO-TENANCY INTEREST,' FAREL FOOTMAN, AN UNDIVIDED
6. 67%\ CO-TENANCY INTEREST~ Grantor, conveys and warrants to J,O, CAPITAL, LLC,
AN ORE'GON LIMITED LIABILITY COMPANY, Grant~91 the following described real
proPBr~, free of encumbrances except as' specifically set forth herein, to wit:
v
SEE ATTACHED EXHIBIT 'A'
Tax Account No(s): 0230506 0230530
Map/Tax Lot No (s): 17-03-27-31-301
31-702 17-03-27-31-800
0230548 0230563 0230571
17-03-27-31-600 17~3-27~?l-70~
17-03-27-
/
This property is free ,from encumbrances, EXCEPT: All those items' of record, if
any, as of the date of th1s deed, including any real property 'taxes due, but
not yet payable.
The true consideration for this conveyanoe is $ 2,650,000.00.
THIS INSTRUMENT WILL NOT ALLOW OSE OF THE PROPERTY DESCRIBED IN
THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND OSE LAWS ~
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 APPROVED
USES AND TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR
FOREST PRACTI~S AS DEFINED IN ORS 30.930.
,
Dated this- ~m day of SeptBlIlher, 2005.
THE BE~TT F~} :/USTr-
BY, ~,L#~_
~OBERT H. ~TT, CO-TRUSTEE
B~'~)_ ;:~'lt-
~ P. BENNETT, CO-TRUSTEE
RICHARD BRASHEARS AND MITZI LAZZARESCHI
. FAMILY TRUST
BY:
RICHARD BRASHEARS, TRUSTEE
THE MOON FAMILY REVOCABLE LIVING TRUST
BY:
MARYANN MOON, TRUSTEE
c-z!)
.--
"
.~., A.'_
COURTENAY P. FOOTMAN
DUNCAN FOOTMAN
FAREL FOOTMAN
,-
STATE OF Oil. ,COUNTY OF :Jys"Lksss. ...,.
'l'~8 rns~t t ~. aekn~.ledged be ere c'\. en ~Pte";e~ 2005 py
;'<'11 Qe_, ~;,""+f-CIro'\oI """,p_ J.{,o;,ill'TT ".....r./Q<2J
ot-d{e. hheTt:;[o,m,l~_~ ,.-:..-.() '//L'!. -.... ,...
o Jrf~ I ~Ct4-
(Notary Public)" /
My commission axpir9s
7-1,f-09
TITLE NO.
ESCROW NO.
10-0257605
10-0257605
_ OFFICJAlSEAl
. BeVERLY Me KAY
, NOTARY PUBUC-OOEGON
MY COMM COMUJSSION NO. 392976
. - - l~/C!'I ~IAES JUlY 18 2009
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After recording ret.u~ to:
WESTERN TITLE & ESCROW COMPANY
'1345 NW WALL STREET, STE .200
BEND, OR 97701
Until a change is requested all -tax statements
ahall be sont to the following address:
J.e. CAPITAL,LLC
JACK O. OLQF
1700 AD~ AVE., STE. 212
COSTA MESA, CA 92626.
WARRANTY DEED -- STATUTORY FORM
ROBERT H. BENNETT AND JEAN P. BENNETT, CO-TRUSTEES OF THE BENNETT FAMILY TRUST I
AN UNDIVIDED 20\: CO-TENANCY INTEREST I RICHARD BRASHEARS AS TRUSTEE OF THE
RICHARD BRASHEARS AND MITZI LAZZARESCHI FAMILY TRUST, DATED 11/19/03, WHOSE
PROPERTY SHALL RETAIN ITS CHARACTER AS RICHARD BRASHEARS I SOLE AND BEPERATE
PROPERry WITHIN THE TRUST I AN uNDIVIDED 20% CO-TENANCY INTEREST I "MARYANN MOON I
TRUSTEE OF THE MOON FAMILY REVOCABLE LIVING TRUST, AN UNDrvIDED 20% Co-TENANCY
INTEREST I "COURTENAY P. "FCO'rMJ\N, AN UNDIVIDED-26',"6n"CO-TENANCY"INTEREST, DUNCAN,:
FOOTMAN, AN UNDIVIDED 6.66% CO-TENANCY INTEREST I FAREL FOOTMAN, AN UNDIVIDED
6.67% CO-TENANCY INTEREST, Grantor, conveys and wa:rants to J.C. CAP!TAL, LtC,
AN OREGON LIMITED LIABILITY COMPANY, Grantee, the following described real
property, free of encumbrances except as sPecifically sat forth herein, to wit:
SEE ATTACHED EXHIBIT 'A'
Tax Account No{s): 0230506 0230530
Map/Tax Lot No(s): 17-03-27-31-301
31-702 17-03-27-31-800
0230548 0230563 0230571
17-03-27-31-600 17-03-27-31-700
17-03-27-
.,,:~
This property is free from encumbrances, EXCEPT: All those items of record, if
any, as of the date of this deed, including any real property taxes dUB, but
-not yet payable.
The true consideration for this conveyance is $ 2,650,000.00.
THIS INSTRUMENT WILL 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 APPROVED
USES AND TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR
FOREST PRACTICES AS DEFINED IN ORS 30.930,
Dated this
day of Sept&mber, 2005.
THE BENNETT FAMILY TRUST
BY:
ROBERT H. BENNETT, CO-TRUSTEE
BY:
JEAN P. BENNETT, CO-TRU~TEE
RICHARD~RA HEARS AND MITZI LAZZARESCHI
FAMILY TR, T I / I '
BY'1-. _ _ ,,/)...A.,. -
RlCHARD SRASHEARS, TRUSTEE
THE MOON FAMILY REVOCABLE LIVING TRUST
BY:
MARYANN MOON, TRUSTEE
.''\.
'-<,
~
,i
STATE OF-I:JJ!- ' COUNTY OF ~&")_ )
This instrument was acknowledged gef==o
f( lc..kc......d #;o.~~d kd\.f....r.....-
,......
~., .
'.
COURTENAY P. FOOTMAN
DUNCAN FOOTMAN
FAREL FOO'l'M1ili'
SS.
""
me on Sept.ember~, 2005 by
....."~c-I/'~~-1.--;7.
.L:::. ~(.~............ _ r .
.r:-- (Notary Public)
=-....,.. -
. ~"M"'.':""~'
.~-
My commission expiras '?,r::;-("7
TITLE NO.
.ESCROW NO.
10-0257605
10-0257605
. e' PATRlClAA.TERRY .
~PubIlo.SIaJ901N-
~_."""""""
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After reoo~ding return to:
WESTERN TITLE & ESCROW CQM!?ANY
1345'NW W~ STREE~, STE 200
BEND, OR 97701
Until a change is requested all tax statements
shall be sont to the following address:
J.e. CAPITAL,LLC
JACK 0, OLOF
1700 ADAMS AVE., STE. 212
COSTA. MESA, CA 92626
WARRANTY DEED ~- STATUTORY FORM
-"-~~-"""""-- .--.
R~BERT H. BENNETT AND JEAN P. BENNETT I CO-TRUSTEES OF THE :BENNETT FAMILY TRUST,
AN UNDIVIDED 20% CO-TENANC~ INTEREST, RICHARD BRASHEARS AS TRUSTEE OF THE
RICHARD BRASHEARS AND MITZI LAZZARESCHI FAMILY TRUST, DATED 11/19/03, WHOSE
PROPERTY sHALL RETAIN I'l'S CHARACTER AS RICHARD BRASHEARS'! SOLE AND SEPERATE
PROPERTY WITHIN THE TRUST, AN UNDIVIDED 20% CO-TENANCY :rnTEREST, MARYANN MOON,
TRUSTEE OF THE MOON FAMILY REVOCABLE LIVING TRUST, ANuNnIVIDED 20% CO-TENANCY
INTERES':f;-"COUR'I'ENAY ~P'. - FOOTMAN; ~ 'AN-m.."DIVIDED' '2'6 ',-67 %'''CO-TENANCY' 'INTERE-8T:,-'-DUNCAN
FOOTMM I 'l>J:oi UNDIVIDED 6.66% CO-TENANCY INTEREST , FAREL FOoTMAN I. AN UNDIVID:E;D
6.67% C9-TENANCY INTEREST, Grantor,. conveye and warrants 'to J.e. CAPITAL, LLC1
AN OREGON LIMITED LIABILITY COMPANY, Grantoe, the following described real
prop~rty, free of encumbrances except as specifically Bet forth herein, to wit:
SEE ATTACHED EXHIBIT 'A'
Tax Account No(s): 0230506 0230530
Map/Tax Lot No(s): 17-03-27~31~301
31-702 17-03-27-31-800
0230548 0230563 0230571
17-03-27-31-600 17-03-27-31~700
17-03-27-
This .property is free from encumbrances, EXCEPT: All those items of record I if
any, ,as of .the date of this deed, including any real property taxes due, but
'not yet payable.
The true consideration for this conveyanoe is $ 2,650,000.00.
THIS INST~UMENT WILL NOT ALLOW USE OF THE P~OPERTY DESC~IBED IN
THIS INST~UMENT 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 APPROVED
,uSES AND TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR
FOREST PRACTICES AS DEFINED IN ORS 30.930.
Dated this h 0,.daY of September, 2005.
THE BENNETT FAMILY TRUST
BY:
ROBERT H. BENNETT, ~O-TRUSTEE
BY:
JEAN P. BENNETT, CO-TRUSTEE
RICHARD BRASHEARS AND MITZI LAZZARESCHI
FAMILY TRUST
BY:
RICHARD BRASHEARS, TRUSTEE
'l'HE MOON FAMILY REVOCABLE LIVING TRUST
Byer J?]f" "
MARYANN MOON,
ffl___ /~)
TRUSTEE
,...I:I:."."...._~.-
..._..,,~..".__.."_ m., "".....,. .am.
,
"
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COURTENAY P. FOOTMAN
DUNCAN FOOTMAN
FAREL FOOTMAN
STATE OF~ , COUNTY OF MU/j(Jlj)t!lt1f, SS. .
This
ins~~um.nt was aoknowledg.d Q.fo:. ~. on September ~, 2005 QY
VYJ""'")"''''''' Yl'\.(?~Ur~.I_'
-- - .-- <-- f!lYvtA~/1Il.L-
.1f11
() (Notary Publio) / /
My commission eXpi~es. /{;/ltJ/OF
- _._-~..,.......---
TITLE NO.
ESCROW NO.
10-0257605
10-0257605
Gi~\~..--",: JO:~I~~~lDE
~ NOTARY PUBLIC OREGON
... ..' COMMISSION NO 385747
MY COMMISSION ExpiAESOCTOBEA 10, 2006
<
~_h__.____'_._._.."''' '4,
.P:~ -i)
~(0}/l-/
COuRTENAy p, F~~ .
DUNCAN FOOTMAN
Ii'AREL FOOTMAN
STATE OF~ COWTY OF 1trrt..tJKi~s, BB.
This instJ:::t yas aoknowled~ loefora ma on BePtaml>er~, 2005 loy
c'" u!o:!::e ,,0<. ? ..M-)~ ~
,
f11/'(J,XiJl-fifljTJ:UJ:fH' '
1./1' '{jo# Public)
My ooomission expires' 7/;;'7 lOb .
_._-..~'_.~~. --
TITLE NO.
ESCROW NO.
'10-025'7605
10-025'7605
W.RY E..lOWERY
NotaryPublit, State 01 NewYori
QualifledinTompkinsCounty ~J_
My Cc_EJp",07127i1ll."
~lt
COURTENAY P. FOO~
r"-:{;) hv-~ f~L--
DUNCAN FOOTMAN
FAREL FOOTMAN
STATE OF~ ' COUNTY OF ~ ) SS.
This inGt~um8nt was acknowlBdq~d bBfo~~ me on SrPtBmbB~ ~f 2005 by
'U'o~U tQ'"'' ~'- .1'-.u':::>c"-'" ~-~ .
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ApllJL 0,200"1
,~'_" ._____-00.__ .~_..__~.____.__
'-
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My
oocmission Qxpires
TITLE NO.
ESCROW NO.
10-0257605
10-0257605
t ,,-...
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.
COURTENAY P. ;FOOTMAN
DUNCAN FOOTMAN
~,4L/!\~~
FAREL FOOTMAN
. La/A-...1.t/
STATE OF CJ/V'i'<JCOUNTY OF " ) 88,
This inst~ent was aoknowledgsQ osfors me on september ~, 2005 by
'P-c..rvt. F.d..1"""M.-c......
----~
" ." .-p '. (Notary
,1/C-..".tZ~-.,- .'
~".;:.r-
Public)
My_ commission expires
TITLE NO.
. ESCROW NO.
10-0257605
10-0257605
L~~- ~... - - ~~NAL~ .KADONAG'A'-1
- '. _ Cornmiss(on # 1452162 r
~ . :.., : - Notary PubUc - Californla ~ I
J " ' Los Angeles County f
l~:. ~Comm.bPiesDec 18. 2OO7r-4
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5. . The land r~ferredto in'this policy is described as follows:
Situated in the City of Springfield, County of Lane and State of Oregon: Known as being a part of the
Northeast quarter of the Southwest quarter of Section 27, Township 17 South, Range 3 West of the
WilIamette Meridian and being more particularly described as follows: .
,
Commencing at a point at the Northeast comer of the Roben E. Campbell Donation Land Claim No. 59;
thence, North 890 21' 37" West, 1680.00 feet to a point; thence South OJ 044' 50" West, 1.26.23 feet to a
5/8" rehar found at the point of beginning of the parcel of land hereIn described; thence, cominuing South
01 ~ 44' 50" W~st, 386.65 feet to a point; thence North 890 29' 10" West, 75.00 feet to a point;.thence,
So~th 01044' 50" West, J] 6.79 feet to a 518" capped rebar found; thence, North 89" 29' 06" West, 173.80
feet to a point; thence, South 010. 44' 50" West, 79.00 feet to a 5/8" capped rebar found on the Northerly
right of way line of Fairview Drive (60' Public Right of Way); thence, along said right of way line, North
89029' 08" West, 35] .23 feet to a poi9t, sajd point witnessed by a 518" rebar found North 38" 24' 53"
West, 0.49 feet; thence, leaving said right of way line, North 01 044' 50" East, 427.44 feet to a pciint;
thence, North 80" 09' .30" East, 153.09 feet to a point; thence, North 01" 44' 50" East, 67,65 feet to a point;'
,".. .,- thencei'North-~i7o- 24' 50" East;'lO;O'1--fret-w"a"point;thence~orth.020 35"15"~West, 35:00 feet.to"apoint;.-,;",~
thene'e"North 870 24':5'6".E~st, 443.85 feet t~ the point o{beginnin'g. . " .
LENDER'S POLICY
- 2-
SO-0360605
~