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HomeMy WebLinkAbout1992-143 Release of Mortgage93-00 ): 0 OR~60N DEPARTMENT OF VETERANS' AFFAIRS PARTIAL RELEASE OF MORTGAGE Account Number P42346 29114 County Tax Account No. 1-081049- 1-081050-7 IN CONSIDERATION of the sum of ONE AND NO/lO0 DOLLARS AND OTHER VALUABLE CONSIDERATIONS ($1.00), the receipt whereof is hereby acknowledged, the State of Oregon, represented and acting by the Director of the Oregon Department of Veterans' Affairs, mortgagee named in a certain mortgage bearing date the 21st day of Octobe[, 1981, on property located at 395 Strawberry Lane, Ashland, OR 97520, executed and delivered to the said Director by Jere Howard Hudson, Jr. and Roberta Lee Hudson, husband and wife recorded in Jackson county, Oregon No. 81-19744 on the 23rd day of October, 1981, ALSO RECORDED: 7-25-80, No. 80-13825 hereby releases from the operation of the said mortgage the following described premises included therein, to-wit: (See Page Two for Complete Legal Description) But this release shall in no way affect or impair the right of the State of Oregon, represented and acting by the Director of the Oregon Department of Veterans' Affairs, to hold under said mortgage as security for the sum due thereon, or to foreclose and sell under the power contained in said mortgage except that portion thereof hereby released. IN WITNESS WHEREOF, the State of Oregon, represented and acting by the Director of the Oregon Department of Veterans' Affairs, has caused these presents to be executed this 16th day of December, 1992, at Salem, Oregon. Direct r~greg~Depayment of Veterans Loan Servicing Manager ' Affairs STATE OF OREGON County of Marion ) ) ss ) December 16, 1992 personally appeared the above-named Lester Frakes and, being first duty sworn, did say that he is duly authorized to sign the foregoing document on behalf of the Oregon Department of Veterans' Affairs by authority of its Director. AFTER RECORDING RETURN TO: Before me: My Commissi OREGON DEPARTMENT OF VETERANS' AFFAIRS 700 SUMMER STREET NE SALEM OR 973t0-1201 LSO:TN Notary Public For Oregon on Expires: July 5, 1996 Until a change is requested, all tax statements shall be sent to the following address: 3ere H Hudson Jr 395 Strawberry Lane Ashland OR 97520 568-N (5-92) "' OREGON DEPARTMENT OF VETERANS' AFFAIRS 93-00520 PARTIAL RELEASE OF MORTGAGE (Continued) Account Number County Tax Account Number P42346 29114 1-081049-1 1-081050-7 LEGAL DESCRIPTION: TRACT A: Commencing at the accepted northwest corner of Government Lot 1, Section 8 in Township 39 South, Range 1 East of the Willamette Meridian in Jackson County, Oregon, thence South 02°08'59" West along the north-south centerline of the Northeast Quarter of said section for a distance of 1982.82 feet to the center-south northeast one sixty-fourth corner being common to the southeast corner of the North Half of the Southwest Quarter of the Northeast Quarter of said Section 8, thence leaving said north-south centerline of the Northeast Quarter of said section, South 89°58'10'' West along the southerly boundary line of said North Half of the Southwest Quarter of the Northeast Quarter of Section 8, for a distamce of 136.88 feet to a found 5/8" iron rod situated in the westerly right of way line of Ditch Road as set forth on that Minor Land Partition plat filed for gere Hudson and recorded October 25, 1978 in Volume 2 at page 55 of "MINOR LAND PARTITIONS" in Jackson County, Oregon and being the true point of beginning; thence continuing along said southerly boundary line, South'89°58'10" West for a distance of 238.445 feet to a 3/4" × 30" galvanized iron pipe situated in the easterly right of way line of Strawberry Lane as established on that Minor Land Partition as referred to hereinabove; thence North 10°58'00" West along said easterly right of way line for a distance of 79.885 feet to a found 5/8" iron rod situated at the beginning of a curve to the left; thence along a curve to the left having a radius of 97.00 feet and an arc length of 9.093 feet, being subtended by a chord of North 13°37'08" West for a distance of 9.089 feet to a 3/4" x 30" galvanized iron pipe; thence leaving said easterly right of way line, South 89°54'40'` East for a distance of 268.22 feet to a 3/4" x 30" galvanized iron pipe situated in the westerly right of way line of Ditch Road as set forth on that Minor Land Partition plat as referred to hereinabove; thence South 03°16'25" East along said westerly right of way line of Ditch Road for a distance of 39.65 feet to a found 5/8" iron rod situated at the beginning of a curve to the right; thence along a curve to the right having a radius of 150.00 feet and an arc length of 43.415 feet, being subtended by a chord of South 05°01'05" West for a distance of 43.264 feet to a found 5/8" iron rod; thence continuing along said easterly right of way line, South 13°18'35'' West for a distance of 4.17 feet to the true point of beginning. TRACT B: Commencing at a found 2" black iron pipe situated at the accepted east one-si×teeth section corner common to Sections 5 and 8 in Township 39 South, Range 1 East of the Willamette Meridian in Jackson County, Oregon, thence South 02°08'59" West along the north-south centertine of the Northeast Quarter of said Section 8 for a distance of 1982.82 feet to a 5/8" iron rod situated at the center-south-northeast one-sixtyfourth corner of said Section 8 for the true point of beginning; %hence leaving said north-south centerline of the Northeast Quarter of 568-N (5-92) (COHTINUED) OREGON DEPARTMENT OF VETERANS' AFFAIRS 93-00520 PARTIAL RELEASE OF MORTGAGE (Continued) IA¢count Number County Tax Account Number P42346 29114 1-081049-1 1-081050-7 LEGAL DESCRIPTION: said Section 8, South 89°58'10" West along the boundary line as set forth on that Minor Land Partition filed for record the 25th day of October 1978 and recorded in Volume 2 page 55 of "Minor Land Partitions" in Jackson County, Oregon and Filed Survey No. 10526 in the office of the Jackson County Surveyor for a distance of 93.78 feet to on iron rod situated in the easterly right of way line of Ditch Road as set forth on both of the hereinabove referred to surveys; thence along the said easterly right of way line of Ditch Road along a curve to the left, having a radius of 192.00 feet and an arc length of 49.80 feet, being subtended by a chord of North 04°09~26" East for a distance of 49.66 feet to an iron rod; thence continuing along said easterly right of way line North 03°16'25" West for a distance of 36.08 feet to an iron rod situated at the intersection with the westerly extension of the northerly right of way line of Nutley Street, as Nutley Street was surveyed and set forth on Filed Survey NO. 10456 in the office of the Jackson CounTy Surveyor; thence leaving said easterly right of way line South 89°54'40" East along the westerly extension of the northerly right of way line of Nutley Street for a distance of 24.47 feet to an iron rod Witness Corner; thence continuing along said westerly right of way line extension South 89°54'40'' East for a distance of 70.975 feet to an iron rod situated in the north-south centerline of the Northeast 0uarter of Section 8, said Township and Range and the westerly terminus of said Nutley STreet; thence South 02°08'59" West along said north-south centerline of said Northeast Quarter of Section 8 and the westerly end of Nutley Street for a distance of 40.025 feet to an iron rod situated at the westerly terminus of the southerly right of way line of Nutley Street as shown on Filed Survey No. 10456 in the office of the Jackson County Surveyor; thence continuing South 02°08'59" West along said north-south centerline of the Northeast Quarter of Section 8 for a distance of 45.39 feet to the point of beginning. Jackson Coun Oreg ' ChCl:lC JAC RECORDS l l:l 061995 ~THLEEN S. BECK~ /~,' 568-N (5-92) City of Ashland City Attorney's office 20 E. Main Ashland, OR 97520 (503) 482-3211, Ext. 59 FAX # (503) 488-5311 TRANSMITTAL FORM DATE: December 18, 1992 TO: Nan Franklin City Recorder FROM: Sharlene P. Stephens Legal Department RE: Attached Partial Release of Mortgaqe Document for Jere & Roberta Hudson - ODVA No. P42346 29114 Regarding the above:  F or your information/files Please sign/review/comment/return Please read then forward to As you requested Other Comments: Please record the attached document at your earliest convenience. Any charqes/fees can be charqed to Administration. Upon completion of recordinq, please return the ORIGINAL RECORDED document to me, so I can forward it on to the ODVA. Thanks.~%~