HomeMy WebLinkAbout1995-060 Title Ins - HospitalOFFICE OF THE CITY ATTORNEY
CITY OF ASHLAND
20 EAST MAIN STREET
(503) 482-3211, EXT. 59
MEMORANDUM
July 10, 1995
To:
From:
Subject:
Barbara Christensen, City Recorder
Sharlene P. Stephens, ALS
Policy of Title Insurance on Hospital Property
Policy No. 93-00-034-315
Order No. LP-63668
The original policy of title insurance is attached for you to keep on file for the city.
Attachment
c w/attachment:
Mike McGraw, Director of Finance, ACH
Jim Olson, Assistant City Engineer
(s:~titleins.mem)
l~u~yers~tle Insurance ~rporation
Tide Io lhe lami dcstrJbcd hi Schedule C being vested. at the dale hereof. odlcr~}sc lhan as }Icrcin
IN V~Ti'NI.iS5 '~,'!!i.~RI.:(I,I.~ di.: ('orepan} ha~ cat, sod This Pt,licy to bc xtgncd and ~,eldcd. h, N: ,.:.thd '4tlc~ uotHix'r,,~?lcd b,. all
lau yers'lltle(~rporation
Policy No. 93-00- 034- 315
LAWYERS TITLE INSURANCE CORPORATION
SCHEDULE A
Date of Policy: May 31, 1995
Policy No. 93-00-034-315
Order No. LP-63668
at 2:10 P.M.
Amount of Insurance: 8245,000.00
Premium: $817.50
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,
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. Solar Access Waiver Agreement, subject to the terms and provisions
thereof, recorded August 20, 1992 as No. 92-25173 of the Official Records
of Jackson County, Oregon.
6. Deed of Trust, executed by City of Ashland, a municipal corporation
of the State of Oregon, to Continental Lawyers Title Company, Trustee for
the benefit of VALDOMAR J. SWANSON and JANICE M. SWANSON, husband and
wife, or the survivor, dated May 31, 1995 and recorded May 31, 1995 as No.
95-14482 of the Official Records of Jackson County, Oregon, to secure the
payment of the sum of $360,000.00.
Order No. LP-63668 Policy No. 93-00-034-315
SCHEDULE C
The land referred to in this Policy is described as follows:
Lot Five (5) of WIMER SUBDIVISION to the City of Ashland, Jackson County,
OreGon, accordinG to the official plat thereof, now of record. EXCEPTING
THEREFROM that portion of said Lot 5 lyinG West of a line which is 191.0
feet North 89°53' West of and which line bears North 0°31' West parallel
with, the west line of Scenic Drive in said City, as conveyed to the City
of Ashland, by deed recorded in Volume 488 page 21 of the Deed Records of
Jackson County, OreGon.
(Code 5-1, Account #1-5714-2, Map #391E5DB, Tax Lot #2400)
Order No. LP-63668 Policy No. 93-00-034-315
IE SAC
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· 'This' prJDt is' m'~id% solely for the purpo~;¢ o, . _
;36c~s stin~ in locatin~sai~r~ mi~e~and the compa~..'
o.~sumes no liability for i]fformation printed oa
lh15 liidg,~,*~lddl;i~ zoB~nE, varlatloDs, I~ any,
(iff-~J~c~sicas an'~ ioca.tia'~s, ascertained by
JA~,K~N~,O~ , TITLE DIV~S~ON
~W, ~AIN
L~M'Y£RS TITLE GGiV~PNIY
~:. ,~-2811 ~EDFORD, OREGON