HomeMy WebLinkAboutMiscellaneous APPLICANT 5/7/2009
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MAY-07-2009 13:24
Kurt Beaty
,541 485 0307
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CASCADe
TITt.E
CD.
STATUS OF RECORD TITLE REPORT
5'l'1 SUPPLEMENTAl.
T~E REAL ESTATE DEVELOPMENT COMPANY
ATTN, MARl< VUKANO\1ICH
780 NW NEW YORK DRIVE, SUITE 204
l3END. OR 97701
Our No: CT-0257396
Date: MAY 7. 2009
Charge: $200.00
Government Service Fee: $25.00
As requested. Cascade Title co. has searched our tract indices as to the tollowing
described real ~roperty:
Lot 130, MOllNTAINGATE WEST, aa platted and recorded November ,9. 2006, Reception No.
2006-080817. Lane County Oeeds'and Records, Lane County, Oregon.
and aa of: MAY 1, 2009 AT 8:00 A.M., we find the follOWing:
Vestee:
SUNTRUST LAND'COMPANY, LLC
an Oregon limited liability company
Said ~rb~erty is subject to the following on record'mattere:
1. Taxes, Account NO. 1780962, Assessor's Map No. 18 02 03 2 1, #1500, Code 19-00,
2008-2009. in the amount of $10,436,14, DUE PLUS INTEREST.
2. Notice of Court Order and Final Judgment and Injunction Affecting Real property,
including the terms and provisions thereof, ~ecorded January 4, 19851 Reception No.
850U353. Lane County Official Records.
3. Notice of Real Property Subject to Master Plan Pursuant to Article 37 of the
Springfield Development Code. including the terms and prOVisions thereof, recorded
Arril 19, 1999. Reception No. 99035359, Lane County Official Recoras.
4. Easements, notes, conditions and restrictions ehown, set forth, and/or delineated
on the recorded plat.
5. Covenants, conditions and restrictions, including the terms and prov~s1ons thereof,
(but omitt;ng covenants or restrictions{ if any, based upon r~ce, color, religion,
sex, sexual orientation, familial st.tus, marital status, disability, handicap,
national origin, ancestry, or source of in9ome, as set forth in applicable state or
federal laws, except to the extent that said covenant or restriction is permitted
oy applicable law) and the right to levy certain charges and assessments against
the Subject prOperty, contained in Deolaration recorded June 22, 2007, Reception
No. 2007-042497, Lane County Official ~ecords.
continued-
MAIN OFFIC~ . Bll WILLAKETTE ST. . ~UGENE, OREGON 97401' PH' (541) 687-2233
FLORENCE. 1901 RwY 101 ~ S. 2 · FLORENCB, OREGON 97439 . PH, (541) 997-8417
EUGENE FAX' 485-0307' E-MAIL. tnfo@cascadetitl@.com . ~ORENCE FAX' 997-8246
DatE, i~eceived:-.;/i ~"i
Planner: AL '
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MAY-07-2009 13:24
Kurt Beaty
541 485 0307
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6. Deed of Trust, Security Agreement, Fixture Filing. and Assignment of Rents (Line of
Credit), including the terms and provisions thereof.' executed by SunTrust Land
Compa~y, LLC, an Oregon limited liability company, Grantor, to Fidelity National
Title Company of Oregon, Trustee, for the benefit of ~omestreet Bank, a Washington
state chartered savings bank, Beneficiary, dated December 15, 2005, recorded
Oecember 20, 2005, Reception No. 2005-101023. Lane County Official Records. to
secure payment of a note in the amount of $12,000,000.00. (Includes other
property)
Said Deed of Trust was modified by Agreement dateQ August 7, 2006, recorded
August 17, 2006, ~eception No. 2006-059578, Lane County Official Records.
Said Deed of Trust was modified by Agreement dated December 18, 2007. recorded
December 28, 2007, Reception No. 2007-084968, Lane County Official Records.
Said Oeed of Trust was modified by Agreement dated March A, 2008. recorded
March 31. 2008, Reception No. 2008-017917. Lane County Official Records.
Continental Escrow Company, was substituted as trustee in said Deed of Trust
,by instrument recorded April 28, 2008, Reception No. 2008-023626. Lane County
Official Records.
7. Deed of'Trust. Assignment of Rents, Security Agreement. and Fixture Filing (Line of
Credit). including the terms and ~rovisions thereof, executed by SunTrust Land
compa.ny, LLC, an oregon limited lia:..bility company, Grantor', to Fidelity National
Title Company of Oregon, Trustee, for the benefit of.MW Housing Partners III, L.P.,
a California limited partnership, Beneficiary, dated December 9, 2005, recorded
December 20. 2005, Reception No. 2005-101024, Lane County Official Records. to
Secure ~ayment of a note in the amount of $6,000.000.00.
An ~greement dated December 9, 2005, to subordinate said Deed of Trust to the
Deed of Trust recorded December 20. 2005, Reception No. 2005-101023, was recorded
December 20, 2005, Reception No. 2005-101025, and reaffirmed and amended by
agreement recorded December 28, 2007, Reception No. 2007-084970, Lane County
Official Records.
Said Deed of Trust was modified by Agreement dated December 12, 2007. recorded
December 28, 2007, Rece~tion No. 2007-084969, Lane county Official Records.
NOTE: This report is being supplemented u~date the report/no changes made.
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 caBcade Tit~e Co. is limitect to the addr~ssee and shall not exceed the
premium pai~ hereunder.
CASCADE TITLE CO., by,
kd/Title Officer, I<URT BEATY
cc: .TONY FAVREAU
3712 NORWICH AVENUE
EUGENE,. OR 97408
cc:
ANDY LIMllIRD
SMAIL: ALIMBIIUl@CI.SPRINGFIELD.OR.US
Date ~eceived:
Planner: AL
5/1/ (frv1 '
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