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\ I FORM No~B81 . TRUST DE-ED (Assignment RC$tJictedl.
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TRUST DEED
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1111111111111111111111111111111111111111111111111 $31.00
0058,m;200400l43~010010020 06/09/2lI04 09:36:42 AM
RPR-DTR Cnt:1 Sl":! CASHIER 01
sp, SID.OO 110,00 SlI.OO
RECORDER'S USE OOOlCfreel/VOlume No...... ,.., .,..' .on page I'
. .. . ..,.,'" andlor as fee/file/instrument
microfilm/reception No. ....._.............., :
Record of.. .,ofsaidcountY'1
Witness my hand and seal of County
affixed. .
-~-_.
-Di~sJQn of Chief o.puty Clerk
Lane County Deods and RecQ~d5
WPTCO 209494
17 02 31 13201/117042
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SPRINGFIELD, OR 97478
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;";tler 'li~coTdirig Reiu"rilTo' .
'Weslem'r1o"nceiTiile'CO; ,
"POll'd;('lot46
'Eugelle; OR' 97440,
THIS TRUST DEED, made this ~~~
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.........WiME'
....i'i'rLf,.
By,
.... Deputy_
day of ~u,n.e.
...,20.04 .I between
, . . , as Grantor.
, as Trustee, and
. L':l~.c.,!~e~e~al. C.r~,i~ ,l!':l!C!n,
, as Beneficiary,
WITNESSETH:
Grantor irrevocably gf(!mts, bargains, sells and conveys to trustee in trust.
,~A.~~.,. County, Oregon, described as:
Til@ Ea~160 feet okJ Lot '9, ADAMS PLAT. as platted and recotded in Book 14,
Page 3. Lane County Oregon Plot Records. in Lene County. Oregon.
with puwer of sale, the property Iii
AddrBss; 3630 E Streel
Springfield, OR 97478
togerher with all and singular rhe fenements. hareditaments and appuffenancesand all other rights thereunto belonging Dr in anyway now or
hereafrer appertflining, find the rents, is:>ues Md profils rhereof and all fi:dures now or hereafter 8rr8r.hed to or used in r.onnecfion with rftf.PlWltSrU.
FOR THE PURPOSE OF SECURING PERFORMANCE of each agreement of gamlor herein contair:ed and paymrmt of the sum of ,....,.... ..
. ~ .+,~~ :,~ ~ 4" ~ ~... ~ ....: ~ ,', f?,~Y7~!~ ,-r:I:t?~S.II,~~ ,~~y~~ H"!':l~!~?, a!1.d ~.r>./.1.qo. ~ +.~ ~ .'.~ ~ ~.., ~ ~", ~ ~.': ~ .... .
~..'. .~... ~ .....: ~,..:~. ~~.l?,?~..~ ,:" ~".: .':.: ~,',. ~.'. . .,. Dollars, with Inwrcsl thereon according to the ferms of a promissory note Df '1
even dale ht>rewith, payable to beneficiary or order end made by granror, the final payment of pn"ncipal end interos/ hereof, if not sooner paid, to be
dUr1undPByrlblr1., ,Ju':l~.~,. .,20.'.1.. !
ThfJ date of mawrity of the debr secured by this instrument Is the date, stared above, on which the final installmem of the note becomes~:
due f)rld payable. Should the grantor either agree to, attempt 10, or BCWally .sell, convey, or assign sf1 for any part) of the pro;n!ffY or all (or any pBrt) I'
of grantor's in/srest in it wirhout first obtBimng the written consent or approvsl of the bonoliciary, rhen. fit the benefidary's option", all obligations :
secu'(Jd by this instrument, irrespective af the maturity dates expressed therein, or herein, shall become immediately due end oavabfe. The execution I;
by grantor of an Bemest money ogreement" does not constitute a sale, conveyance or assignmeot. ! i
To protect the security of this trust deed, grantoregrees: ;1
1, To prOlect, preserv9 and maimain lhe proper7y in good condition and repair; nor to remove or demo/tsh any 1u/l7cJing or improvement I
therecn,' not 10 commit or permit any wastit of rh(l prOpfimy.. I
2. To complete or restoro promptly and in gOQd and habitable condition any buildmg or improvement which may bo constfllcred, iMmaged,
OtdeSlroyedthereOn,8ndpaywhenduea/~costsfncu"edtherefor. .,... .. .,.;:
3. To comply with all Jaws, ordtmmces, regulations, covenants, condwons and rB3tnctU:lnS affectmg the property; sf the beneflclIHy SD:
requests, to join in executifIfJ such financing statements pursuant to Ihe Uniform Commercial Code as thB beneficiary may require and to pay for (,1;ng
same in lhe proper public office or offices, as well as the cos( of afl lien selJrches made by filing officers or searching egencies as may be deemed
cJosirable by the benelici~ry.
4, To provide and continuously maintain insurance on the blllJdings now Dr hereafter erected on the property <Jgalnst loss lJr damage by fire
and other hezards as rhe beneficiary m8Y from tim!J to t;me require, in an amout1t not less than $ 88,462.00 , wn"tren by companies
acceptabllil to thlil beneficiary, willt lo~s payablll to the latter. All policies of insurance shall be de/Nered to tho benefjciary as soon es iss~d_ If the
grantar sh;J1I fail for any reason to proaur9 any such insur8r"lce and to deliver the policies to the beneficiary at least fifteen davs orlor to the expiration
of any policy of insurance now or hElftutffElr plllced on the bulldino:t, rhe beneficiary msy procure the same 8t 9T1mtor's ElxpElnse. The amOunt
coflected under any fire or other insuranco policy mily be applied by beneficiary upon allY indebtedness s9cured hereby am;! in such order 85
benllficiary may determing, or at option of b8rtefieisry t/le emifB Bmount so collected. or any part thereof. mIlY be released to grantor. Such
application or release shefl not cure or waive any default or notice of default hereunder or invalidate any Qct done pursuunt to such notice.
5. To keep the property free from construction liens 8M to pay all rilxes, 8SS8$smen/$ and other charges that may be levied or ilssessed
upon or against the property before any part of such taxes. assessmems and other charges become past due or dsJinquent and promptly del'-ver
rBCeipfs therefor to beneficiary. Should the orantor fall to m/Jkepayment of any faxes, iJ$sessmems, insUlance premtums, liens or other Charges
{MY:JbllJ by grantor, eirher by direct payment or by providing beneficiary with funds with which t<J make such payment, benefir:i8""m,/JY, /J,t [t~ ,option,
m8ke psymenr lhereof, and the amount:to paid, with in/erest et the 18te set forth in the nDte secured hereby. together,l;v;fh-thti obliU~tlons <feseribed
in paragraphs (j lJnd 7 af this trosl deed, shell bEl lJdded to lJnd become 11 part of the debt secured by this_trust deed, wlrhom waiver of iJny righrs
arising from breach 01 any of the covenants hereo!. For suct! pavmenls, with iflfN&Sl as eforesaid, the property "ere;"before~desarfbrJd, ;S'well as
the grontor, shall be bound to the same extent that they are bound for the pavmtflnt of the obligation herein described. All such pltymonts; shaH be
Immer:JIately due and payable withOut notice and the nonpeYJ1lent thereof sholl, at the option of the beneficiary render all sums sr:cured by this t/ust
deed immediately due and paY/Jbla willlout notice. and the nonpayment thereof shall, ill rho option of. the b811sficiary,.re'!dJ!r j)1!SfJm.~s~c.tlrcd.by~thi"s
trust dsed immediately dU8 and payable andshalJ constrtute a breach of this /rust dsod. . . ,..... '." ^. ..-
6, To pay 11/1 CQsts, fees sno (Jxp~nses of Ihis truS( including the cost of fitle search as well as rhe other cosf$ and expenses of the trustee
incurred in connection with or in enforcing this obligation and Irustee's and ettorney's fees aorually incurred.
7. To appear in and defend any action or proceeding purporting to affect the security n'ghts or powers of benoficiary or trust!Jo: and in any
suit, action or procef!ding in which the beneficiary or uusree may appear, incfuding (Jny suil for lhe forecfosure of tltis deed or any {wit or actiof!
Mfatad to thi!; instroment, including bul not limited ro its viJ/idity iJnd/or enforc!!ability, to pay aI/ costs and expenses. including evidence of title and
the b8nefic/ary's or trost~'s ltttomey fsss; the amount of attr;mey fees mentroned in tftis paragraph 71n all cases shall be fixed by tho tria' COllr/ and
in the event of an appeal from any judgment or c1eere8 of the trial cOllrr. grantor furthQ1 agtoss to pay such sum es ths appel/ale court sflall adjudge
reaSOft~N8 as the benefjciary's or trustee's 1l1l0rnol' fces on :tuch 8PlWal.
. "is mutually agreed that:
8. In the evenr that any portIon ar all of tho property shell be t8ken under the righr of eminent domain or cOf"/demnlttfllr\~1 eflr::i !Jhalf
have fhe nght, if it so elects, 10 require thBf all or any {XJrtJon of the monIes payable as compensation for such taking, wh;ch~
NOTE: Th. TNn Deed ACI prDvldel that Ihl tr\iltee h~leunc!er /TlIQt be dlher In Ittomcy, who I,. an Gtln memb.... 01 the Oregon SUite Bill, a b...,k, trust co,""lny or
..uinlil' md loin I"".elation luthotl"zed 10 do bUllnlUl under the lawll of OregOn or 1111 Unitld Slatu, " title Insurlnce company Mlthori..d 10 inUlre rille to resl
PJope!t'f' of this st"t.,. Its subsidiaries. pftil~ptes. IIgenls lll' brenche" the Unile.d Sllre, or lIfty aoencr IherBOl, <I, an .scrow agent licen6ed under'j(} 69S.~, 5<0
696,585. L' I
'WARNING; 12 use 170IJ-:'I rllliluletM Ilnd IIUIV prohilitelterclseollhlJ option, ~,
I .-Th.. publlstl., .UIlg.:sts that :su~~_.~.':!.".~~addreu thlll.sua of abt..lnlng bl!/'lafkiolry':s consent In eomple" dnaU. ..___..___ ..
:ZODO
COflmttrSystems. Inc_. P~r(!jl C~y.!lA 3()269 - EfO,"M 432a4.G
CREDIT UNIQN",-OPY . '.
uriginal Submittal'
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lJmount ~equlred to pay. all ;ea~Qnable CQ:;/s, -~;penses and ar~~~e"'sJBe$ neCessarily ;~;f1r incuTfed by g;~rIlQr in lilJf;h ()(OCeedingS~ ~alr.tw. pa!d l[11
to ~neflcJa'Y8nd applied by II firs! upon arry reasonable costs and (Jxpfmses and attomfilti fees. both in the tna! and appellate COUr/S, (fecessan1y
paid Of incurred by beneficiary in such proceedings. and the balance IJpplied upon the inDebtedness secured hereby: and grantor agreRs. at its own ,
expense, to t~*e slJch actions and execute such instruments as shafJ be necessary in obtaining such compensation. promptly Upon beneficlary's 'II
request. . .
9. At any time aM from rime to rime upon wntr6Jl mques! 01 beneficiary,' payment Qf irs less and presanta(ion 01 this deed and rh" noru for
endorsement (in ca.se of full reconveyance, for cancellation), without affecting rhs liabifit'{ of anI' person for thll pa'{manr of the indebtedness, trustee"
may (a/consent tt) the making of <iny map or pial of Ihe properly; (b} join in granting any easemenr or creating ilny resr#ction Ihereon; fc) join in any
subordination or other agreemenl affecting this aeeo or the 1i6n or charge Ihereol; (d) reconvey, without warranty. 0/1 or eny psrt of the property, The
granree in bny reconveyance may be described 8S Ihe "person or persons legally,entitled thenno, ~ and the fecitals thefein of any l11awm. or "H.-ts
shell be conclusive proof of the truth/ulne$$ thereof. Truslee's fees for any of the se(Vices mentioned in this paragraph sh/il1l111l not less than 16.
0" 10. Upon any defaulr by {}rBlltor hereunder, beneficiary may at any t!mp',_wrthout nmice, either in person, by 8(Jent or by a receiver ro be
appoinred by a court, and wirhout rogiJfd to rhe adequacy of any security for'lhi'ihdebredness hereby secured, enter upon and take IJOssession at I
the property or an'l part thereof, in its ow~ name sue or otherwise COlleCt. fh. e<renrs, issues and pfofits, including 'tnose jJBst due and unpaid, and
8PfJly the same, less COSts and expenses of operation and caHect/on, Includhg reasonl1ble attorney's fees upon 8f1'1,indebtedness secured hereby,
and in such ardsr as bsneficiary miJY dfltermine, --,
, , 1. The entering upon and taking /XJsssssiOfl of the property, the cOfleetlon Of such rents, Issues and profils, or the proceeds of fire and I
other insurance policie~ or compensation or awards for any taking Of damage of the property, and the application or r"ellse thereof 8S eforssaid, I
shall nor cure or wajve./mY def<JJJ(t or notice of def~1J1l heTltunder ar invalid;JrB Bny ecr done pursuant to such nOlk:e. I
. " 12. Upon'default by grantor in payment of eny indebtt1dnfJS3 st:cured hereby or in grantor's performance of any egreement hereunder, time
beIng of the essence with respect fa such payment and/or performance, the beneficiary may declare ell sums secured hereby immediately due and
payable. In such event the benefici9ry msy elect to proceed to for'!Close this trust deed in equity In a mortgage 01 d,ir~t the trustee to foreclo;;e lhis
trust dood bV advertisement and sate, or m~y direct the trustee to pvrsue any other rlghl or re"]edv. either at law or'in equity, which rhe bsn9ficit'Jrl
tmIy have. In the event the bfmBfkiary elects to loreclose by advenlsemenr and sale, the bcnefidiJ;y or ,he't;ustee shall execute end cause to be
recorded a written notice of default and election 10 sell t/Ja praperly to SJJtisf'l rhe obligation secured hereby wJrereupon rhe trustee shall fix Ihe time
rind p/lJce of slJle, give notice rhereof as then rSqUirM by law .flnd proceed to foreclose this trust deed in the mi)nner provided in ORS 86,735 to
86.795,
13. Alter the trustee has commenced foreclosure b'l advertisement and sale. and at any time pfior to 5 days before the date the trusree
conducts the sa/a, rhe grantor or eny other persall so privileged by oRS 86. 753.. may cure the defaull Of deltnJlts. If the derault consists of 8 failure
to pay, when due, sums secured by rhe trust deed. rhll default may be cured by paying rhe entire amoull/ due at the lime of f/1e cum oth8r than such
portion as WfWkJ nol then be due had no default occurred, Any other default. that is clJplJlJle of being cl.Jfed may ~ cured by tendering rhe
perflJrmence required under the obligation or trust deed. In any case, in addition to curing rhe default or defaults, the person affacting rhe cure shall
pay to the beneficiary an costs and expenses actuaH'I incurred in enforcing the obligation of th8 trust deed rogether wirh trust8e.s and attorney's faes
not exceeding rhe Bmounrs provided by law.
14. Orherw/sa, rhe 59ls shaff be held on the dare and at the time and place desigrl/iJted in the noticfJ of sale or the rime ro which th" .~afe
fmt'l be postponed 8S pwvided by law. The IrIJSlee me)> sell the properly either in one parcel or in separare ptllcels and shall self the parcel or parcels
at auction to the his;hesr blddsr for c8s11, payable at the time 0/ sale. Trusree shiJlf defiver to the purchaser irs deed in form as required by law
conveying the proparty so sord, but without any covenant or warrnnry, express or impfied, The recitals in the deed of eny mattBrS of fact shalf be
conclusive proal of the truthfulness rhereof. Any pemon, excfuding the trtlsree,. bur including rhe grantor and beneficiary, may purchase ar the sale.
16, When tnr.Jtee sells pursuant ro the POWOfS provided herein, trustee shall app/y.ths proceeds of s<Jle to payment 01(1) the expens8s of
sale, including the compensatIon of rhll rrustee and a reasonable charge by trustee's attorney, f21 to the obligation secured by the trust deed, (3) to
all persons having recorded liens subsequent to rhe interest of the TfUSroo in me trust deed as their interests m.ty ePPfJar,n the order of their priority
and (4J rha surplus, if any, to the grantor Dr 10 any succeSSOf in interesr enrilled ro such surplus,
16, Benaficiary may from time ta time appoint a successor or successors to any trustee namllCl herein or 10 any successor trustee
appointed heflJl.lnder, Upon such appointment, and without conveyance to the successor truste8, the latter shalf be vested with all tWe, powers and
duties conferred upon an'l trllstee heroin named or appointed hereunder. Eocn such appointment and substitution shall be made by written instlument
executed by beneficiary, which, when recorded in the mortg4gB re/."ords of ~hB cwnty or countl<JS in which the property is situated, shalf be
conclusive proof 0/ proper appointment of the successor trustee.
17: TrostaB accepts this trust when Ihis deed, duly executed and lJc,knowledged, is made a public record as provided b'l'aw, Truster! is not
obligated to norify MY potty hereto of pending s81e under any othBr defJd of twst or of any action or proceediny in which grantor, beneficiary or
rrustefJ shall be a party unless slIch aClion Of' proceeding is brought by trustee.
The grantor covenants and agrees to and wilh the benBficiery arid ths /xmeficiaIY's SUCCeSSOf in inrerest rhet the grantor is lawfullv seized
in fe8 simple of me rellf property and lias a valid, unenwmbered title thereto, except as ma'l be ser forth in any addendum or exhibit attached hereto,
and rhar the gfBmor wHl warrant and forever dofond the same againsf all persons whom308ver.
WARNING: Unless grantor provides beneficiary with evidence of insurance coverage as required by the contract
Dr loan agreement between them, beneficiary may purchase insurance at gmntor's expense to protect benefic;ary.s
interest. This insurance may, but need not, a/so protect grantor's interest. If the collateral becomes damaged, the
coverage purchased bV beneficiary may not pay any claim made by or against grantor. Granlor may later cancel the
coverage by providing evidence thar grantor has obtained property coverage elsewhere, Grantor is responsible for the
cost of any insurance coverage purchased by beneficiary, which cost may be added to grantor's contract or loan
balance. If it is so added, the interest rate on the underlying contract or loan will appt'l to it. The effective date of
coverage may be.rhe dfilte grantor's prior cDvB.rBge lapS8d or rhe dale grantor failed to provide pr,oof of cove[age. Th.e
coverage benefiCiary purchases may be conSIderably more expensIve than msurance grantor might otherWise obtam
alone and may not satisfy any need for property damage coverage or any mandatory liability insurance requirements
imposed by applicable law.
The grantor warranls thaf the proceflds of Ihe f08n represented by the above descrlbad note and th;s trusr deed erfJ:
19). primarily for grantor's personal, f/jff/ilV or household PUfP{)Se1JJ~!f!.J.f!I'porrant Norice b8low), . i
(~~~j:~~~~, . 1.
This deed applies to, inures ro the benefit of and binds all parties hereto, their heirs, lugiilees, devisees, administrators, executors, personaf 'I'
representatives. successors and <.Issigm:. The lerm ~neflciary snaY mean fhe holdef and owner, including pledgee, of the contrlJct secl/red hereby, i
wherhru or not named as a ~nflficiory heroin., . 'II
In cOnstrUing this ttvst deed. ir is understood that the grantOr, trustee end/or beneficiary may each ba more th one pen;un; that if rhe
contexr sorequiflJs, me singular sh;;ll/ be taken to meen and inaludt: rhe PIU". ,,~, a?~hat ge r.allY tJlI grammiJt;C81 chan $0 shalf l1e made, assumed I'
~ implied to make tile FrQvi:Jions hareof BPP/Y equally ro corpor4f,'Ons Bnd,.ro ~nd Is. .. :
IN WITNESs WHEREOF, the grantor has executed thIS I e rhe y r ove wnUen. .-
"lMPORTAN"T NonCE: Delete, by lining ou\. which_", ....~ (a) or (b} Is not I:
lI"pIIceble;It........tyl"llII..ppllc..b1..nd[hllbllneflcl.ry;"Dcr~d<tor....ueh .., '.'lJ~~_ ._"::~" .,."..... ,. .... . I
word I" d.lln.1I In the TNttl.ln.unlllng AI:! IInd Regulation Z, m.. IHmefk:lary f.:..,U7Vn...tL . m:
MUST compr,wlth tIlo Act ltrId Regulation by ffilllng requi'ed Illscllmlrn; fO' ~....,",.,.".....
thi, pwpole u"e Stl!lyen.-Ne... F....... NQ, IJ19, or fl(!ulv-Strlt. It compliance wi1h
rhe ActJs not rBqulred,dllU'egl!lrddlis notice.
STATEOFDRF.GON, County of ~N_E
This instrument was acknowledged before me on.
XdOl1.L., """pkLns.&. Gonni~ .f1.,
) 55.
.,.11,llle .3. .
Tompkins. .
,,2004
.
DOWlAo;imtsTV r;
NOTARY PUBLIC ~ OREI'U)N..
COMMISSION NO. 3731ii60
MYtGrAlISSIDNWlRrSOClJ( 01'
instrument wBS aclmowflldged ~fofe me ?n,
....,20,
.I;.?&.~~7.
Notary PubHc for Oregon M commission expires, .
REQUEST FOR FULL RECONVEYANCE lTo be used only whon Obligations haw bllen p!lid.l
TO:.~~~~~~N.p~q!'l,~~i;l,T!T~ ...", Trostee
The undersigned is the legal owner and holder of all indebtedness srJClJrBd by the loregoing ItlJst deed. All sums secured~he lIusr deed
have been fully paid and safisliad. You heteby arf) directed, on payment to you of eny sums owing to you under the terms of e Itmitmelr)
pursuant to statute, ta cancel ~II evldl!tlces of indebtedness secured by me /lust deed (which Bre delivered to you herewith tOgel i.Q..J.~ ~
oeed} and to .reconvey, without warranty, fa the parties designated by the terms of the trust deed the estate now held by you under the same. M317
reconvayance and documents to,
ived:
DATED: ,20.
Da natlGla al den,ay this Trust D(Jod OR "THE OOTf_ ...I\lch.lt _"""".
I Both musl be delivered 10 the Wltee for centelladon before reconveyal'lCe wI.
1,_bellLlJde.
2000 Cc>nmarS'I$Mms. Inc., "_:Illr.. CI,y, GA J026~. EFO;!M 432~4.G
j(JC~,'
.2010
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CREOrr UNiON coP0riglnsl Suommal
Jun L4 lU W:14p
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541-485-4559
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OrderN:J.: .:t$~0014397-FjEUe25
PRELIMINARY REPORT
'(Cont!nued)
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EXHIBIT "ONE"
lot 19, AD~S PLAT,.3S platted and' recarded In B6ak 14, Pagp. 3, Lane County Dragoo Plat Records. in lane'
County, Oregon. .
EXCEPT the East 60 teet thereof.
"ALSO EXCEPT:- Beginning at a point which lies 60.00 feel South 8S<' 45' West and &1.45 feet NorUl o~ 33' 44-
East from <l 1/2 rnch tron pipe mart.dng t,e' Southeast comet of lot 19 of the ADAMS PLAT. as platted and
reco,"ded in Book 14, Page 3. Lane County Oregon Plat Re~ords (SCid pointor beginning wi1nessed by a 112 inch
i..on rod tying SOUfh 88~ 59' West 0.47 (est d"l3tanf~' nm !hence Scutt: 88" 59' West 67.54 fset to a tl2 Inctr ir()n
pin; !hence South O. 2,'1' West 3.10 teet 10 a 112 Inch iron red'; tlteilce Sou1i188- S9' West 52...21 feet to a 112 inch
Iron rod Oil thl3 West line of saId Lo119; thence Nonh Q" 32' 44" Wes~ 45.69 (eet along !he West line lhereof 10 a
1/2 iru:;h iron rod; Ihence North eg. 45' East 119.72 feet along the Nortl1 Hile of said LOfto lhe East line lhereor
(said pdnf witnessed by a 112 inch Iron rod lying South iW 59' West 0.46 reet distance); thence Sooth O. J2' 44~
Eas140.48 feet 10 !he point of begi.1f1fng, ill lane Coun(y, Oregorr.
FDOl;!lU12.ra.,
--~"._-..............._..,---,._-,~......._.-...~...~",...."' _.
;:..' .'-
Date Received:
JUl 11 2010
,"..
Original Submittal