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HomeMy WebLinkAbout2002-166 Warranty Deed-Thompson Jackson County Title Division of Lawyers Title Insurance Corporation 1400 Ashland Street Ashland, Oregon 97520 Te1:(541)488-2240 Fax:488-1?86 11/04/02 City of Ashland 20 E. Main Street Ashland OR 97520 Re: Escrow No. 112032 We are pleased to advise that the above numbered escrow has been completed, and the following items are enclosed as indicated: 1. Copy - Statutory Warranty Deed recorded 10/30/02. 2. Copy - Buyer/Borrower Final Escrow Statement. FOR YOUR INFORMATION: If you have not received the tax bill for the property you have purchased by NOVEMBER 1ST, please contact the Tax Collector's Office for the bill. (If taxes are included in your monthly payment, YOUR LENDER MAY RECEIVE THE TAX BILL, instead of you.) We wish to thank you for this opportunity to be of service to you, and to assure you that if you have any questions regarding the enclosures, we will be happy to assist you. Sincerely, Julie Austad Escrow Officer Enclosures Purchase of Liberty Street property · 02 57966 %~er recording return to: Ja~:kson County Title Division of Lawyers Title Insurance Corporation 1555 E. McAndrews Road, Suite 100 Medford OR 97504 ~ntil a change is requested, all tax statements hall be~ent to G~ag~ee at ~e following address: STATUTORY ievin R. Thompson , Grantor, conveys and warrantsto ity of Ashland, A Municipal Corporation as to an undivided 50% interest and Kurtz & Walsh roperty, LLC, as to an undivided 50% interest as tenants in common , Grantee, the following described real property free of encumbrances except as specifically set forth herein: See Exhibit "A" attached hereto and made a part hereof lis property is free of encumbrances, EXCEPT: See Exhibit "A" attached hereto and made a part hereof ~e true consideration for this conveyance is $ 279,500.00. half of which is paid by an Acco~odator pursuant to an IRC ~1031 Tax Deferred Exchange tiS INSTRUMENT WILL NOT ALLOW USE OF THE PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF =PLICABLE LAND USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE !RSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY .ANNING DEPARTMENT TO VERIFY APPROVED USES AND TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST ~RMING OR FOREST PRACTICES AS DEFINED IN ORS 30.930. ,ted this /?~' day of O~lLa~,~-~' , 200~.. Kevin R. Thompson ~'- ~ ATE OF'~I~, COUNTY e foregoing instrument was acknowledged before me this /~' day of (~f~',~ , ~'¢::~¢2~ , by ~o~ary Public for~ ~y commission expires 112032ja 02 5?966 EXHiBiT A ~ ~ ~ ~'' ~ ?RACT A: Beginning at the northeast corner of the Southwest Quarter of the Northeast ~uarter of Section 16, Township 39 South, Range 1 East, Willamette Meridian, Jackson ~ounty, Oregon; thence South 31o15, West, 340.3 feet to a 1/2" galvanized pipe to corner; :hence South 67o48' East, 81.7 feet; thence South 31o18, East, 62.9 feet; thence South ~°03' West, 80.9 feet to a cross chiseled on a large granite boulder for the corner; :hence East, 75.2 feet to a 1" galvanized iron pipe for corner; thence North 455.8 feet to Joint of beginning. EXCEPTING THEREFROM: Beginning at the northeast corner of the ;outhwest Quarter of the Northeast Quarter of said Section 16; the~e South, 91.0 feet; ~hence North 82o20, West, 30.0 feet; thence North 18o53, East, 91.85 feet to the point of ~eginning. ~' ~RACT B: Begznning at the northeast corner of the Southwest Quarter of the Northeast !uarter of Section 16, Township 39 South, Range 1 East, Willamette Meridian, Jackson ~ounty, Oregon; thence South 31015, West, 340.3 feet; thence South 67o48, East, 81.7 feet; hence South 31o18' East, 62.9 feet; thence South 5o03' West, 80.9 feet; thence South 3o08, West, 105.5 feet; thence North 17o21, West~ 69.5 feet; thence North 63019, West, 5.3 feet; thence South 80o58, West, 317.1 feet; thence South 89o49' West, 82.0 feet; hence North 63o26' East, 137.0 feet; thence North 55°36' East, 101.4 feet; thence North 2o33, East, 84.6 feet; thence North 50o36' East, 103.3 feet; thence North 29o08' East, 8.7 feet; thence North 52o18, East, 114.9 feet; thence North 47© East, 125.0 feet; thence last, 41.3 feet to the point of beginning. XCEPTING THEREFROM that portion described in the instrument dated October 31, 1963, and ecorded in Volume 556, page 96 of the Official Records of Jackson County, Oregon, which nstrument ~s incorporated by this reference as though fully set forth herein. Code 5-01, Account #1-009386-9, Map #391E16AC, Tax Lot #200) ub]ect To: 1. A right of way easement, 20.0 feet in width, for ditch and pipe line purposes, and ights in connection therewith, subject to the terms and provisions thereof, granted to he City of Ashland, Oregon, by instrument recorded in Volume 154 page 137 of the Deed ecords of Jackson County, Oregon. (No specific location) 2. Right to use the the existing private roadway as a means of ingress and egress to ne property lying southerly of the subject property, as disclosed by instrument recorded ugust 22, 1955 in Volume 414 page 401 of the Deed Records of Jackson County, Oregon. Jackson County, Oregon Recorded OFFICIAL RECORDS OCT 3 o  Since 1885 ~tl 1400 Ashland Street Jac untyO Ashland, Oregon 97520 ~,ws~ozvo~'~'~tJe~namance~tto~f Tel: (541)488-2240 Fax: 488-1786 "Insuring the American Dream" BUYER/BORROWER FINAL ESCROW STATEMENT: ..,,,~...~ ~.~ Buyer (s) /Borrower (s) : Seller (s): City of Ashland Kevin R. Thompson Lawyers Ex.change Corporation (Kurtz & Walsh Property, LLC) Property Address: 391E16AC Tax Lot 200 Ashland OR 97520 Close of Escrow: 10/30/02 Escrow No.: 112032 Escrow Officer: Julie Austad (L) Denotes Lender Deducted Fee Debits Credits CREDITS Earnest Money ................................ 2,500.00 County taxes paid in arrears ~ from 07/01/02 to 10/30/02 ............... 324.85 121 days at 2.684712 per day Deposit by Buyer Jackson County Title ..................... 32,000.00 City of Ashland/Deposit Jackson County Title ..................... 113,555.70 Exchange Funds Jackson County Title ..................... 133,678.25 DEBITS Purchase Price ............................... 279,500.00 Recording Services to Lawyers Title Ins... 31.00 Settlement or closing fee .................... 327.50 Reimburse Earnest Money Kurtz & Walsh LLC ........................ 1,250.00 Reimburse overage Kurtz & Walsh LLC ........................ 950~30 Sub-totals 282,058.80 282,058.80 Balance due this company 0.00 TOTAL 282,058.80 282,058.80 This final Settlement Statement, which we have prepared, is a true and accurate account of this transaction. We have caused or will cause the funds to be disbursed in accordance with this statement. JACKSON COUNTY TITLE Julie Au~ad~ - ' ~ Date: