HomeMy WebLinkAbout2013-173 Release Promissory-Deed Reconveyance - Swanson
Cancellation and Release of Promissory Note
PARTIES TO PROMISSORY NOTE
Valdomar J. Swanson and LENDER
Janice M. Swanson, husband and wife
375 Old Green Springs Highway
Ashland Oregon 97520
City of Ashland Oregon, BORROWER
a municipal corporation,
20 East Main Street
Ashland, OR 97520
CANCELLATION AND RELEASE:
Reference is hereby made to that certain Promissory Note ("Promissory Note dated May 31,
1995, in the face amount of Three Hundred Sixty Thousand and no/100 Dollars, which
promissory note was executed by then-Mayor of Ashland, Oregon, Catherine Golden, on behalf
of Borrower and made payable to Lender. The Promissory Note was secured by a Trust Deed
which was recorded as document #95-14482 on May 31, 1995 in the Official Records of Jackson
County, Oregon and which concerned property at 560 Catalina Drive, Ashland, Oregon.
Lender hereby acknowledges receipt of full payment of the Promissory Note, including all
outstanding principal and all accrued and outstanding interest due as of the date of execution of
this Cancellation and Release.
Lender therefore releases Borrower from all obligations under the Promissory Note and cancels
the Promissory Note. This cancellation and release shall be binding upon Lender's successors,
legal representatives and assigns.
Lender warrants that the Promissory Note has not been assigned, ceded, transferred or sold to a
third party and warrants Lender's authority as note holder to issue this Cancellation and Release
of the Promissory Note.
Executed on this ` day of ~u ~Y 2013.
LENDER
VA, AA jj
anise M. w n s o n 4V7a7lar J. gnson
STATE OF OREGON )
ss.
County of Jackson )
The instrument was acknowledged before me this a~y of '2013.
OFFICIAL SEAL
KRISTINE BECHTOLD Notary Public for Oregon
r NOTARY PUBLIC-OREGON My Commission Expires:
COMMISSION NO. 463852
MY COMMISSION EXPIRES NOVEMBER 27, 2015
Jackson County Official Records
R-RTD 2013-025277
Cnt=1 FOOTENL 07129/201303:37:48PM
$5.00$10.00$8.00$11.00$15.00
$3.00 TOtal:$52.00
IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
I, Chrlsene walker, county 0CJ.1k for J.kcon County, 15902632013002520770 010011
[het the Instrument Identified herein was recorded In the clerk
records.
Christine Walker - County Clerk
DEED OF RECONVEYANCE
LoanCare 25500600011617
The undersigned trustee or successor trustee under that certain deed of trust
Dated : May 31, 1995
executed and delivered by : City of Ashland, a municipal corporation of the State of Oregon, as
grantor,
Recorded May 31, 1995
Record No. : 95-14482, Official Records of Jackson County, Oregon,
conveying real property situated in said county, as described in said instrument,
having received from the beneficiary under said trust deed a written request to reconvey,
reciting that the obligation secured by said deed of trust has been fully paid and performed,
hereby does grant, bargain, sell and convey, but without any warranty, express or implied,
to the person or persons legally entitled thereto, all of the estate held by the undersigned in
and to said described property by virtue of said deed of trust.
IN WITNESS WHEREOF, the undersigned trustee has caused its corporate name to be signed
hereunder by its officer(s) duly authorized thereunto by order of its Board of Directors.
Trustee: Lawyers Title Company, a California corporation, formerly known as Continental
Lawyers Title Company, a lifornia corporation
by: 11 14LA~/
Ju" y A. b uder, Authorized Signer
State or Oregon, County of Jackson) ss.
This instrument was acknowledged before me on July 25, 2013, by Judy A. Sauder, as
Authorized Signed of Lawyers Title Company, a California corporation, formerly known as
Con' ental Lawyers T' C pany, a California corporation
Notary Public for-~Oregon
My commission expires: LO ]-/-7 OFFICIAL SEAL
CORDELIA A CRANER
NOTARY PUBLIC-OREGON
COMMISSION NO. 478232
After recording, return to: MY COMMISSION EXPIRES 1111 17 2111
City of Ashland
Attn: David Lohman, Legal Department
20 E Main St
Ashland, OR 97520