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HomeMy WebLinkAbout1989-046 Thomas Insurance PolicyALTA Owner's Policy (10-21-87) Schedule A SCHF_~UI.I~J A Policy No. CTI - 72553 Amount of Insurance $103,000.00 Premium $462.50 Date of Policy: June 2, 1989 at 2:45 P.M. 1. Insured: THE CITY OF ASHLAND, a municipal corporation of the State of Oregon 2. The estate or interest in the land which is covered by this policy is: an estate in fee simple 3. Title to the estate or interest in the land is vested in: THE CITY OF ASHLAND, a municipal corporation of the State of Oregon 4. The land referred to in this policy is described as follows: SEE SCHEDULE A - CONTINUED TI 129 CTI - 72553 SCHEDULE A - CONTINUED PARCEL NO. 1: Commencing at the East-Southeast corner of Donation Land Claim No. 52, Township 39 South, Range I East, Willamette Meridian, Jackson County, Oregon; thence North 0° 14' 15" East, 271.10 feet; thence North 39° 32' West, 46.90 feet to a 5/8 iron pin, located on the West boundary of Dead Indian County Road; thence North 0° 14' 15" East, along said boundary, 781.59 feet; thence North 39° 32' West, 1770.59 feet, to a point on the Northeasterly line of tract described in Volume 576, Page 172, Jackson County, Oregon, Deed Records, for the true point of beginning; thence North 15° 07' East, 563.87 feet, to a 1/2 inch iron pin, on the South bank of Emigrant Creek; thence continue North 15° 07' East, 46.13 feet, to a point on the center line of said creek; thence along said center line, North 40° 50' West, 216.54 feet; thence leaving said creek, South 15° 07' West, 603.98 feet, to a point on the Northeasterly line of said tract described in Volume 576, Page 172, said Deed Records; thence South 39° 32' East, 219.96, to the true point of beginning. PARCEL NO. 2: Commencing at a ! inch iron pipe, with bronze cap, set in concrete, located at the East-Southeast corner of Donation Land Claim No. 52, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon; thence North 0° 14' 15" East, 2109.32 feet; thence North 82° 30' 00" West, 732.71 feet, to a 5/8 inch iron pin, and the true point of beginning; thence North 15° 07' 00" East, 783.21 feet, to a 5/8 inch iron pin, on the South bank of Bear Creek; thence North 15° 07' 00' East, 74.79 feet, to a point on the approximate center line of Bear Creek; .thence North 82° 15' 09" East, 286.98 feet, along the approximate center line of Bear Creek, to a point; thence South 30° 31' 15" East, 64.78 feet, to a 5/8 inch iron pin on the South bank of Bear Creek; thence South 30° 31' 15" East 256.14 feet, to a 5/8 inch iron pin; thence 196.77 feet, along the arc of a curve right (which arc has a radius of 686.20 feet, and a long chord of South 7° 58' 38" East, 196.07 feet), to a 5/8 inch iron pin; thence South 0° 14' 15" West, 487.78 feet, to a 5/8 inch iron pin; thence North 82° 30' 00" West, 702.47 feet, to the true point of beginning. PARCEL NO. 3: Commencing at a 1 inch iron pipe, with bronze cap, set in concrete, located at the East-Southeast corner of Donation Land Claim No. 52, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon; thence North 0° 14' 15" East, 2048.83 feet; thence North 82° 30' 00" West, 30.24 feet, to a 5/8 inch iron pin, and the true point of beginning; thence continue North 82° 30' 00' West, along the Northeasterly boundary of tract described in Volume 576, Page 172, Jackson County, Oregon, Deed Records, 904.72 feet, to a 5/8 inch iron pin; thence North 39° 32' 00" TI 129 CTI - 72553 West, along said boundary, 367.67 feet, to a 1/2 inch iron pin; thence North 15° 07' 00" East, 73.56 feet, to a 5/8 inch iron pin; thence South 39° 32' 00" East 386.62 feet, to a 5/8 inch iron pin; thence South 82° 30' 00" East, 873.46 feet, to a 5/8 inch iron pin; thence South 0o 14' 15" West, 60.49 feet, to the true point of beginning. PARCEL NO. 4: Commencing at a 1 inch iron pipe, with bronze cap, set in concrete, located at the East-Southeast corner of Donation Land Claim No. 52, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon; thence North 0° 14' 15" East, 2109.32 feet; thence North 82° 30' 00" West, 732.71 feet, to a 5/8 inch iron pin, and the true point of beginning; thence North 82° 30' 00" West 170.99 feet, to a 5/8 inch iron pin; thence North 39° 32' 00" West, 386.62 feet to a 5/8 inch iron pin; thence North 15° 07' 00" East, 490.31 feet, to a 1/2 inch iron pin, on the South bank of Bear Creek; thence North 15° 07' 00' East, 46.13 feet to a point on the approximate center line of Bear Creek; thence South 68° 13' 29" East, 98.18 feet, along the approximate center line of Bear Creek, to a point; thence South 88° 17' 23" East, 175.90 feet, along the approximate center line of Bear Creek, to a point; thence North 82° 15' 09" East, 234.64 feet, along the. approximate center line of Bear Creek, to a point; thence South 15° 07' 00" West, 74.79 feet, to a 5/8 inch iron pin, on the South bank of Bear Creek; thence South 15° 07' 00" West, 783.21 feet, to the true point of beginning. TI 129 CTI - 72553 ALTA POLICY FORMS STANDARD COVERAGE SCHEDUI~ B This policy does not insure against loss or damage, and the Company will not pay costs, attorney's fees or expenses, which arise by reason of the following: 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. o 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. o Easements, encumbrances, or claims thereof, not shown by the public records, reservations or exceptions in patents or in acts authorizing the issuance thereof, water rights, claims or title to water. o Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. o Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose. o Rights of the public in and to any portion lying within the limits of public roadways, if any, and/or rights of private parties over any portion lying within existing roadways or driveways not disclosed by the public records. o Emigrant Creek cannot be insured as a definite boundary since it is and has been subject to possible relocation due to changes in the course of said creek. o Bear Creek cannot be insured as a definite boundary, since it is and has been subject to possible relocation due to changes in the course of said creek. o A 60 foot easement for ingress and egress granted and reserved in deeds recorded as Document Nos. 68-09413; 68-09414; 71-13933; 75-09410; 75- 09411; and 75-09412, Official Records of Jackson County, Oregon. (Affects the Southwesterly 60 feet.) (Affects Parcel 1.) 10. Perpetu. al easement for underground conduit, cable and other markers, and rights ~n connection therewith, granted The Pacific Telephone and Telegraph Company, a California corporation, by instrument recorded in Volume 280, Page 37, Jackson County, Oregon, Deed Records. (Specific location not given.) (Affects Parcel 2.) TI 75 CTI - 72553 11. 12. An easement for ingress and egress, 60 feet wide, granted George F. Ward, Jr. and Eleanor O. Ward, husband and wife, their heirs and assigns, in Warranty Deed, recorded August 2, 1967, as Document No. 67-07400, Official Records of Jackson County, Oregon. (Affects Parcel 3.) Grant of Communication Systems easement to American Telephone and .Telegraph Company, including the terms and provisions thereof, as set forth ~n Document No. 88-17148, Official Records of Jackson County, Oregon. (Affects Parcel 2.) TI 75 CTI - 72553 604 Wist Main St. Phone 779-7250 Medford, Oregon 97501 CRATER ~' r~ --,.,.,~ INSURANCE CO. Serving all of Jackson County 485 East Main St. Phone 482-4006 Ashland, Oreg(;n 97520 \ \ \ \ R i :5O4 301 iUMNER PAI~KE R FIELD \\ 5-4 £%o,,,-, 5 ld'J'/ 3O9 310 RR6 ,, ?00 GOV 8OO LOT I\ \ 15 ' -~. 802 , "! I05 i000 ~,zc,.~.. .ow.s.,. T9 .~.~ 1( s~c~,o, i~ THIS SKETCH IS FOR LOCATION PURPOSES ONLY. NUMBERS ON SKETCH ARE COMPANY NUMBERS AND NO LIABILITY IS ASSUMED FOR 'VARIATIONS DISCLOSED BY SURVEY OR COUNTY RECORDS. RDNALD L. SALTER ATTORNEY AT LAW 94 THIRD STREET ASHLAND, {3REBI-IN ~?S~E} (503) 482-4215 June 8, 1989 Nan Franklin City Recorder City Hall Ashland, Oregon 97520 Re: Airport - Purchase from Thomas Our File A-25-1C Dear Nan: For the City's records attached is the Title Insurance Policy concerning the airport land the City purchased from the Thomas' Very truly yours, RONALD L. SALTER City Attorney RLS/rw Attachment ALTA Owners Policy (10/21 ~87) N? 129078 ~X AMERIC First American Title Insurance Company o£ Oregon 310 S.W. Fourth Avenue * Portland, Oregon 97204-2376 * (503) 222-3651 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, FIRST AMERICAN TITLE INSURANCE COMPANY OF OREGON, a Oregon corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land. The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but only to the extent provided in the Conditions and Stipulations. Countersigned BY ATTEST dba FIRST AMERICAN TITLE iNSURANCE COMPANY OF OREGON SECRETARY OLTA Form 13 TI 128 8/88