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HomeMy WebLinkAbout1996-046 Title Insurance - 08AC/103JACKSON COUNTY TITLE DIVISION CONTINENTAL LAWYERS TITLE COMPANY 370 LITHIA WAY aSHLaND, OREGON 97520 TEL:(503)488-2240/FAX:(503)488-1786 April 15, 1996 CITY OF ASHLAND, A Municipal Corporation 20 N. Main Street Ashland OR 97520 Re: LA-65956 Dear Barbara Christensen: In connection with the above escrow, we are pleased to enclose Policy of Title Insurance 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, JI~~~iE~THOMAS, C.E.O. EsCrow Officer Enclosure 15,51:5'~:'.~'?,. ~tle nsu~ance poral,on (~rporat~on 93-00- 028-512 LAWYERS TITLE INSURANCE CORPORATION SCHEDULE A Date of Policy: February 22, 1996 Policy No. 93-00-028-512 Order No. LA-65956 at 2:10 P.M. Amount of Insurance: $120,000.00 Premium: $505.00 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, 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. 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 page 147 and Volume 96 page 20 of the Deed Records of Jackson County, Oregon. 6. Perpetual non-exclusive easement for ingress and egress 30 feet in width over an existing roadway, granted in deed recorded as No. 80-05839 of the Official Records of Jackson County, Oregon, and as shown on plat of Minor Land Partition recorded January 18, 1980 in Volume 3 page 33 of the Minor Land Partition Records of Jackson County, Oregon. 7. 15-foot slope easement as shown on the Plat of Minor Land Partition #7465 recorded October 25, 1978 in Volume 2 page 55 of the Minor Land Partition Records of Jackson County, Oregon, and as shown on Minor Land Partition #8189 recorded January 18, 1980 in Volume 3 page 33 of Minor Land Partition Records of Jackson County, Oregon, and as shown on Partition Plat recorded the 6th day of February, 1996, as Partition Plat No. P-15-1996 of "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 14837 in the Office of the Jackson County Surveyor. (Affects easterly line) Order No. LA-65956 Policy No. 93-00-028-512 SCHEDULE B CONTINUED 8. Natural Drainage Way as shown on the Plat of Minor Land Partition #?465 recorded October 25, 1978 in Volume 2 page 55 of the Minor Land Partition Records of Jackson County, Oregon, and as shown on Minor Land Partition #8189 recorded January 18, 1980 in Volume 3 page 33 of Minor Land Partition Records of Jackson County, Oregon, and as shown on Partition Plat recorded the 6th day of February, 1996, as Partition Plat No. P-15-1996 of "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 14837 in the Office of the Jackson County Surveyor. 9. Agreement to sign in favor of joining future Grandview Assessment District and to sign in favor of future street improvements, including curbs and gutters, for Ditch Road, as required by the City of Ashland, and agreement to bear the proportionate payment of associated costs, set out in instrument recorded January 14, 1980 as No. 80-00815 of the Official Records of Jackson County, Oregon. 10. Perpetual utility easement, subject to the terms and provisions thereof, granted by instrument recorded February 3, 1995 as No. 95-03098 of the Official Records of Jackson County, Oregon. 11. Private Road Easement as shown on Partition Plat recorded the 6th day of February, 1996, as Partition Plat No. P-15-1996 of "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 14837 in the Office of the Jackson County Surveyor. 12. Private Utility Easement and as shown on Partition Plat recorded the 6th day of February, 1996, as Partition Plat No. P-15-1996 of "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 14837 in the Office of the Jackson County Surveyor. 13. Deed of Trust, executed by City of Ashland, A Municipal Corporation, to Continental Lawyers Title Company, a California Corporation, Trustee for the benefit of ALBERT EDWARD RATCLIFFE and HELEN G. RATCLIFFE, husband and wife or the survivor thereof, dated February 21, 1996 and recorded February 22, 1996 as No. 96-05494 of the Official Records of Jackson County, Oregon, to secure the payment of the sum of $100,000.00. SCHEDULE C The land referred to in this Policy is described as follows: Commencing at a 2" iron pipe monumenting the accepted quarter corner common to Sections 5 and 8 in Township 39 South, Range 1 East of the Willamette Meridian in Jackson County, Oregon; thence South 0°13'53" East 1333.07 feet to a found 5/8" iron pin located at a point common to those boundary lines established by Agreements recorded as No. 78-07062 and No. 78-09396 of the Official Records of Jackson County, Oregon; thence North 89°36'42" East, along that boundary line established by said Agreement recorded as No. 78-07062 said Official Records, a distance of 255.775 feet to a found 5/8" iron pin; thence North 0°41'17" West, along said boundary line, 5.215 feet to a 5/8" iron pin; thence leaving said boundary line, South 89°56'07" East, along the east-west centerline of the Northeast Quarter of said Section 8, a distance of 296.44 feet to a 5/8" iron pin; thence South l°56'46" West, 138.03 feet to a 5/8" iron pin monumenting the True Point of Beginning; thence South 89056'07" East, 613.37 feet to a 5/8" iron pin located on the westerly right of way of Ditch Road as established by Minor Partition Plat recorded in Volume 2 page 55 of "Minor Land Partitions" in Jackson County, Oregon; thence along said westerly right of way as follows: South 1°21'25" East 70.80 feet to a 5/8" iron pin; thence along the arc of a 300.00 foot radius curve to the right, through a central angle of 12o11'00" a distance of 63.79 feet; thence South 10049'35" West 59.68 feet to a 5/8" iron pin; thence leaving said westerly right of way, South 88029'30" West 126.56 feet to a 5/8" iron pin; thence North 88°18'27" West 87.15 feet to a 5/8" iron pin; thence North 74°39'14" West 107.58 feet to a 5/8" iron pin; thence North 54003'43" West 47.035 feet to a 5/8" iron pin; thence North 89°56'07" West 247.82 feet to a 5/8" iron pin; thence North 1°56'46" East 138.03 feet to the True Point of Beginning. (Code 5-1, Account #1-66178-4, Map #391E8AC, Tax Lot #103) Order No. LA-65956 Policy No. 93-00-028-512 S 89° 56' 07"£ 102 103 I00 (P-8189) (P-7465) E~EJ ~,is/print is m~de ~,-h,h, for the purpose of / ~i:[ ::.;' i::'.;,;,::: :.~; ~;:, v; '¢at~c.,h;, if any, 02o08'