HomeMy WebLinkAbout1995-029 Title Ins - Hald PropertyOFFICE OF THE CITY A'i-FORNEY
CITY OF ASHLAND
20 EAST MAIN STREET
(503) 482-3211, EXT. 59
MEMORANDUM
March 23, 1995
To:
From:
Subject:
Barbara Christensen, City Recorder
Sharlene P. Stephens, ALS
Policy of Title Insurance on Hald Property off Strawberry Lane
Policy No. 93-00-033-752
Order No. LA-62660
The original policy of title insurance is attached for you to keep on file for the city.
Attachment
c w/attachment:
Jim Olson, Assistant City Engineer
Ken Mickelsen, Director of Parks and Recreation
(s:\christen.mem)
JACKSON COUNTY TITLE DIVISION
CONTINENTAL LAWYERS TITLE COMPANY
370 LITHIA WAY
ASHLAND, OREGON 97520
TEL:(503)488-2240/FAX:(503)488-1786
March 16, 1995
CITY OF ASHLAND
a Municipal Corporation
City of Ashland
Ashland OR 97520
Re: LA-62660
In connection with the above escrow, we are pleased to enclose
Policy of Title Insurance No. 93-00-033-752 for your records.
AGain, we wish to thank you for the opportunity to assist you in
the purchase of your property. Please consider us for any future
property transactions you may have.
Sincerely,
JUL C. E. 0.
Escrow Officer
Enclosure
LAWYERS TITLE INSURANCE CORPORATION
SCHEDULE A
Date of Policy: March 7, 1995
Policy No. 93-00-033-752
Order No. LA-62660
at 8:30 A.M.
Amount of Insurance: $477,000.00
Premium: 81,309.00
1. Name of Insured:
CITY OF ASHLAND
a Municipal Corporation
of the State of Oregon
2. The estate or interest referred to herein is at Date of Policy vested
in:
CITY OF ASHLAND
a Municipal Corporation
of the State of Oregon
e
The estate or interest in the land described herein and which is
covered by this policy is:
A FEE
SCHEDULE B
This policy does not insure against loss or damage, nor against costs,
attorneys' fees or expenses, any or all of which arise by reason of the
matters shown or referred to in this Schedule except to the extent that
the owner of any mortgage or deed of trust is expressly insured on page 1
of this policy.
1. Taxes or assessments which are not shown as existing liens by the
records of any taxing authority that levies taxes or assessments on
real property or by the public records; proceedings by a public agency
which may result in taxes or assessments, or notices of such
proceedings, whether or not shown by the records of such agency or by
the public records.
2. Any facts, rights, interests, or claims which are not shown by the
public records but which could be ascertained by an inspection of
said land or by making inquiry of persons in possession thereof.
3. Easement, liens or encumbrances, or claims thereof, which are not
shown by the public records; unpatented mining claims; reservations
or exceptions in patents or in Acts authorizing the issuance thereof;
water rights, claims or title to water.
4. Discrepancies, conflicts in boundary lines, shortage in area,
encroachments or any other facts which a correct survey would disclose.
5. That part lying within public roads.
6. Rights of way for water pipe lines, and rights in connection
therewith, granted to the City of Ashland, Oregon, by instruments recorded
in Volume 21 pages 68 and 69, and Volume 96 page 20 and Volume 21 page 147
of the Deed Records of Jackson County, Oregon.
7. Right of way 30 feet in width, for highway or street purposes
granted to City of Ashland, a municipal corporation, by instrument
recorded July 27, 1915 in Volume 109 page 259 of the Deed Records of
Jackson County, Oregon.
8. Right of way 30 feet in width, for pipe line, granted to City of
Ashland, a municipal corporation, by instrument recorded July 27, 1915 in
Volume 109 page 260 of the Deed Records of Jackson County, Oregon.
9. Right of way, as reserved in Quitclaim Deed recorded September 1,
1967 as No. 67-08676 of the Official Records of Jackson County, Oregon.
10. Boundary Line Agreement, subject to the terms and provisions
thereof, as disclosed by instrument recorded March 31, 1978 as No.
78-07062 of the Official Records of Jackson County, Oregon.
Order No. LA-62660 Policy No. 93-00-033-752
SCHEDULE B CONTINUED
11. Deed of Trust, executed by City of Ashland, a Municipal Corporation
of the State of OreGon, to Continental Lawyers Title Company, a California
Corporation, Trustee for the benefit of CHRISTIAN P. HALD M.D. and JACQUE
JEAN HALD, husband and wife, dated March 1, 1995 and recorded March 7, 1995
as No. 95-06052 of the Official Records of Jackson County, OreGon, to
secure the payment of the sum of $412,000.00.
SCHEDULE C
The land referred to in this Policy is described as follows:
Beginning at a point 30 rods South of the northeast corner of the Northwest
Quarter of the Northeast Quarter of Section 8, Township 39 South, Range 1
East, Willamette Meridian, Jackson County, Oregon; thence South 825 feet to
the northeast corner of the Southwest Quarter of the Northeast Quarter of
said Section; thence West along the north line of said quarter-quarter,
1072.5 feet, more or less, to the southeast corner of tract described in
Volume 594, page 345, Jackson County, Oregon, Deed Records; thence North,
along the east line of said tract, 825 feet to the southwest corner of
tract described in Volume 305 page 350, said Deed Records; thence East
along the south line of said tract, 1072.5 feet to the true point of
beginning.
EXCEPTING THEREFROM that part lying within the following described tract:
Beginning at the point of intersection of the north-south center line of
the Northeast Quarter of Section 8, Township 39 South, Range 1 East,
Willamette Meridian, Jackson County, Oregon, with the north line of Nutley
Street in the City of Ashland, Jackson County, Oregon; thence North, along
the north-south center line of said Northeast Quarter, 590 feet, to the
easterly right of way line of the City Ditch; thence Southwesterly along
said line 700 feet, more or less, to a point West of the point of
beginning; thence East, 190.0 feet, more or less, to the point of
beginning.
(Code 5-1, Account #1-5951-6, Map #391E08AB, Tax Lot #400)
Order No. LA-62660 Policy No. 93-00-033-752
This I~rint is made solely for the purpose ot
assisting in locating said premises and the company
assumes no liability for information p, rinted on
this map including zoning, variations, il any,
in dimensions and locations, ascertained by
3CI~;d~ SLiFV6~.
5uz ~. blAIN PH. 779-28~1 MEDt~Ru, oREGON
qoo
5-1
w L,~£ OOV'T ~ ~
LOT I --
39 IE 8AC
kmyers tle Insurance rporadon
]'HJc to Ihc I,nd dc'~c~ ibcd In NcJlcdtiJc (' bcin~ ~cstcd. a[ the da(c hereof.
Unm;nkclahiliix. ;l[ tlw date hcrc~d'. of the title to said land of
kwyerdI/de Insurance ~rporation
93-00- 033-752
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Policy
of
Title Insurance
1.9_.wyers"Iltle Insurance !~rporation
Home Office: P.O. Box 27567, Richmond, Virginia 23261
Pacific States Office: 55 South Lake Avenue, Suite 600, Pasadena, California 91101
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I
SCHEDULE OF EXCLUSIONS FROM C()% ERA(,E
1. Any law. ordinance or govcr~ncntal regulation (including but n{~l limited t{~ building and
ing or regulating or prohibiting the occupancy, LiSt or cnjoylllelll ~d' [}lC I,tllt]. ~q'
ship or a redLicliOll in the dimensions or area of an) Jol ~)1' parcel oi JLHRJ
GOVCI'IllIICIlI;tJ rights of police power or eminent donlain unless ll ',tWo (,J the cxcrcisd
the public records al the date hercol'.
3. 'l'itlc to am pr ~pcrty beyond the lines of the land expressly described m Schedule (' (,r
ally olhCF ~trLlCltlrc or inlprovclllCllt; ()r any rights or casc[llcnls thCFci~ unlc~ lifts
such pFopcrts. rights or casements are insured, except that if the land abuts upon
sircots or highways this policy insures the ordinary' rights of abutting o~ncrs fi~r
highways, unless otherwise cxccpled or excluded herein.
sho;k.n bx the public records, unless disclosure thereof in writing l~) the ln,urcd
pany prior to the date of this policy: or (3) resuhing in no loss t() the Insure,! ('laimazil:
subsequent to the date hereof.
LOSS Of tJdlllaoC which would not have boob suslaincd if the 111Stll'OtJ x~CFC i' OLII'chilNCI'
[r~tH'X ()1' ~.'J,t~I~l% el liNkIrk.
"CoIISLIlliCI' credit prolccli(Hl]' "truthm~qending." or similar
I
CONDITIONS AND STIPUI.ATI()NS
I. I)I(i, INI'I'I(}X 01,
fi'xCd IJ),.'Ich, ~.~ hJkh b,, )*t,, , I,rlqi/tllc ~L',tl
(hi "public lt'cOl'tt- : [h:l%q' I'CCO/ki~ 9. hlk'Jl Jill
I~ I "kllll~lC',J'~L"'; actual krlov. Jcdgc. nol olin
l'cdcra] agcnQ t)r illMrLUllCnl;~hl} a,.qlmc,, ~dr,l . ,.
c~;crcd b5 lhN p.lic). or a.5 pan lhctc~,I Ih~- [,, h..
dilitmx and >lipu)alitu'ls ~crc~d
3. DEFENSE AND PR()SI-:(q I'I()N
ACTIONS -- NOTI('E
T() BE (;IVES 115' 'lttl'. INSURED
action as Illay be appropriate
the estate OF illtcrcsl el' Ihc lien of T}lC
a~ insured, which ]iti~alion
cvcn(s is t'oundcd upon at~ :diegod dcl~'ul.
pursue an} liligalion I(, )'ina) dc[crmmadon
of [ific ~)~' interest ~hich
surcd, or which might
rue el t)lJs po]iuy. or i~ the iF,-, <'~ J',:;:
I
4. NCYFICF
()F .S, CTION
liable tinder
h;t~c hctn JtllUlQ~Cd,
5. {}F'TION TO I'.\\. ";,l'Tll,l',
C( )MPR()ML'4I'~ ('J.
The Company shah have the opl/on to pay or set
IIc or compromise fi~r or in INc name of the Insurcd
Lnlk chitin insul'cd LlgZliIIM ,~r ~,l ['hlX lJlk' J'llJl
hh~ll~ Jla~c lilt optiou Io purdlaSC said indebh'dness:
such purchase, payment or lender of paymcnl
INc full alnoLlnl of Illin polio). loFtthor wilh all
,,hhTdl~'d hcrcLlndcl Io pd}, ,,h:dl ~c~ rainale all ]iahih
6. i)A~'MENT (iF LOSS
!a) Fhc liahilib *,l tilt. ('olllpall} tll/dcr Illin
polio) shall m no case cxcccd. ill all, INc actual
k)J INc IllMired alld eoMh and dllolncss' ICCS which
lilt ('olnpall} Inil~ bc uhligated hcIcundcr u~ pab.
upou the hintIred in hltT.it,,,;~ ~,tt~lcd ,m h~ the
torlIc}s' Ice:-, in litigation carried on I~) the lnstmJ'cd
with INc wriiIcn authorizanon of the Company.
(c) No clMm tbr damage shall arise or bc main
tain:tble under this policy ( l ~ it the Company. after
teasramble tinlc afici rcccipl tI ~LX'h llOIKC, or
for liabiht) voluntarily assumed b~ the Insured m
settling an) clailn or suit x~Jthottt wriilcn conicill
el the ('on)pan). or (3) in Ihc cxcm, the title ]~
iceted as unmarkctablc because of a dcErct, lien
encumbrance not excepted or excluded m dds poli,..}.
until there has bccn a final dclcrlnmalion b)r a COUFI
of compelent jurisdiction sustaining such rcjccfinn.
(d) All payments under flus polio), cxccpt
payments made for costs, attorneys' l~cs and
penscs, shall reduce the amount of the insurance pro
tanto and no payment shall be made without pro-
ducing this polk) lbr endorscmcnl of such payment
JhL' dlnDklll( ~[ I}lC inhuI';I{ICC ,1~ I,';.Ju;j hL; ~:),LU t
I<~ nuch Instried. cxe'cp[ It~ IS.' ,-xlu[11 IS,l: -[1,:
p~l}lllCiils ~CtILI~C the alllt)Lll~l ~;J The
[;lSlll'Cd o[ it TnOltgagc C~CI'CL~ h' ISis j~,~]:,,
except a,, [)resided in paraF~;H,~ '
theN:alter
7. i,lABIt,FI'Y N()N('I M~, i x()~J'
Jl in expresnJ} undernlood Ihal Ihc anlouiH
policy i~ r~duc~d by any ~IllOLlnl [h~ Conlpall~
pa~ under any policy insuring the ,.alidi
,~f;Hly n/t~tlgagc shown or I'CJel
HIICI'~'M dc~clqhcd or rcl~'rrcd 1o
lhc amounts so paid Mml] bc dccmcd a paymorn
lhc Insured under ~his policy. The prm'isions
p;imd~raph numbered 8 shalm ,.~,
md,'bk'dh~,, m ,~p~ purl
8. ('()INSURANCE AND
APPORTMENT
(a} Jn Ihc cvcnJ thai it plJItiaJ h)',s oL~I. II-, dJiLu
the JnMlred nlakcs all inlprotclncnL suhncquclH
lhc dale of thin policy. and ,mix in lha[ cvcJ]t.
Insured beco]ne~ a coirl~Llrel to l~c cxlcn[ hcrcm,llh'~
~el Iorth
mturrcd h) the Cornpan} in pi~.cculing oi
viding lbr lhe deDnse of action~ or proceedings
behalf of the Insured pursuant to the tcnns of this
policy or to costs imposed on INc Insured in .uch
actions or proceedings, and xha]l :ipp]} tml,, h~
pCF CCIII (,J Thc JLICC Of INc pt:[)~ ~
L)J a lien or encu[nbrancc to~ ,i iiqLHda(cd
which existed on thc date of dn, pNic) and ,a,~,
shown in Schedule B, and phisided lurlhc~.
odnsurance provisions shall mq appl5 lo all)
il', at the lilnc {fi' the occurs'not ,)j such to,,
then xaJgc of the pT'elni~cs. ax :,~ Hnpro:cd. 'h~c ,i~ :
amount of this polio5.
(b~ If the land described or referred t~,
Schedule C is divisible into separate and non
contiguous parcels, or if contiguous and such parton
are not used as one single site. and a loss is establish
vlsi,raN ot this polic~.
[}:, 's,} :r_',,:i:,r-' : , :,~')