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HomeMy WebLinkAbout2003-186 Title Report - KohlerLawyers Title City of Ashland 20 E. Main Street Ashland, OR 97520 1400 Ashland Street Ashland, Oregon 97520 Tel: (541) 488-2240 Fax: 488-1786 Order No. 122052ja Copies have also been sent to the following: Lawyers Title Insurance Corporation Attn: Julie Austad 1400 Ashland Street Ashland, Oregon 97520 Brunner & White Realtors Attn: Catherine Rowe 77 N. Main Street Ashland, OR 97520 Windermere/Van Vleet & Associates Attn: Barbara Allen 375 Lithia Way Ashland, OR 97520 Laurel Kohler 212 Vista Street Ashland, OR 97504 Mortgage Market Inc. Attn: Jim Palazzolo 1380 Biddle Road, Suite C Medford, OR 97504 28 LandAmerica Lawyers Title 1400 Ashland Street Ashland, Oregon 97520 Tel= (541) 488-2240 Fax: 488-1786 Lawyers Title Insurance Corporation Attn: Julie Austad 1400 Ashland Street Ashland, Oregon 97520 Date prepared: 08/27/03 3RD SUPPLEMENTAL - SEE NOTE PRELIMINARY TITLE REPORT FOR ISSUING TITLE INSURANCE Reference: Order No: 122052 Your Ref: City Of Ashland/Kohler Property Address: 667 North Main Street Ashland, Oregon 97520 LAWYERS TITLE INSURANCE CORPORATION is prepared to issue title insurance, as of the effective date and in the form and amount shown on Schedule A, subject to the conditions, stipulations and exclusions from coverage appearing in the policy form and subject to the exceptions shown on Schedule B. This report is preliminary to the issuance of a policy of title insurance and shall become null and void unless a policy is issued and the full premium paid. This report is for the exclusive use of the persons to whom it is addressed. Title insurance is conditioned on recordation of satisfactory instruments that establish the interests of the parties to be insured; until such recordation, the Company may cancel, amend, or supplement this report for any reason. Thank you for placing the order with us. Any questions concerning the closing of this transaction should be directed to your escrow officer; questions regarding exceptions shown on this preliminary title report may be directed to your title officer. Escrow Officer: Julie Austad Title Officer: Robert A. Bennett Please call your title officer if you would like copies of any of the exceptions shown in this report. PRELIMINARY TITLE REPORT DATED August 18, 2003 Order No. 122052 SCHEDULE A, Page No. I 1. The effective date of this preliminary title report is 5:00 P.M. on August 18, 2003 2. The policies and endorsements to be issued and the related charges are: Policy/Endorsement Description Liability Charge ALTA 1992 Standard Owner's ALTA 1992 Extended Mortgagee's ALTA 9, 116, 8.1 Inspection Charge Lien Search fee(s) $ 264,900.00 $ 872.50 235,000.00 249.38 75.00 50.00 20.00 3. Title to the land described herein is vested in: City of Ashland, a municipal corporation The land referred to in this report is described as follows: As fully set forth on Exhibit "A" attached hereto and by this reference incorporated herein. PRELIMINARY TITLE REPORT DATED August 18, 2003 Order No. 122052 SCHEDULE B, Page No. 1 Except for the items properly cleared through closing, the proposed policy or policies will not insure against loss or damage which may arise by reason of the following: STANDARD EXCEPTIONS: 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 record; 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 record. 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. Easements, or claims of easement, 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. 4. Any lien, or right to a lien, for taxes, workman's compensation, services, labor, equipment rental or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 5. Discrepancies, conflicts in boundary lines, shortage in area, encroachments or any other facts which a correct survey would disclose. SPECIAL EXCEPTIONS: 6. 2003-04 taxes, a lien in an amount to be determined, but not yet payable. NOTE: Taxes, including the current fiscal year, are classed as non-assessable. If the exempt status is terminated under the statute prior to the date on which the assessment roll becomes the tax roll in the year in which said taxes are assessed, an additional tax may be levied. (Code 5-01, Account #1-097309-1, Map #391E05AC, Tax Lot #3401) 7. City Liens of the City of Ashland, Oregon, if any. (Note: A lien search will be requested prior to the close of this transaction.) 8. Easement for sewer pipe line purposes, subject to the terms and provisions thereof, granted to the City of Ashland recorded November 24, 1967 as No. 67-11198 of the Official Records of Jackson County, Oregon, and as shown on partition plat recorded June 7, 2002 as Partition Plat No. P-35-2002 in "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 17364 in the Office of the Jackson County Surveyor. 9. Public Utility Easement, 10 feet in width, affecting a westerly portion as shown on the partition recorded June 7, 2002 as Partition Plat No. P-35-2002 in "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 17364 in the Office of the Jackson County Surveyor. Continued Dated as of August 18, 2003 Order No. 122052 10. 10 foot Public Utility and Public Pedestrian Easement affecting the east line as shown on partition plat recorded June 7, 2002 as Partition Plat No. P-35-2002 in "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 17364 in the Office of the Jackson County Surveyor. 11. Easement for Sewer Pipe Line affecting southeasterly portion as shown on partition plat recorded June 7, 2002 as Partition Plat No. P-35-2002 in "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 17364 in the Office of the Jackson County Surveyor. 12. Any rights, interests, or claims which may exist or arise by reason of the following matter(s) disclosed by partition plat recorded June 7, 2002 as Partition Plat No. P-35-2002 in "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 17364 in the Office of the Jackson County Surveyor: The fact that garage encroaches into sewer pipe line easement recorded as No. 67-11198, of the Official Records of Jackson County, Oregon. 13. DELETED. 14. DELETED. 15. Conservation Easement, in favor of the City of Ashland, by and through its Park Commission, subject to the terms and provisions thereof, recorded August 25, 2003, as No. 03-57939 of the Official Records of Jackson County, Oregon. END OF EXCEPTIONS NOTES: A: We have searched and find no federal or state liens or judgments of record in Jackson County, Oregon against names similar to the above named vestee(s) or Laurel Kohler, as of the date hereof. B: JACKSON COUNTY RECORDING FEES ARE AS FOLLOWS: 1. $ 5.00 per page, plus 2. $10.00 per document (Public Land Corner Preservation Fee) 3. $11.00 per document (Assessment and Taxation Fund) 4. $ 5.00 for each additional title in a document with multiple titles 5. $20.00 per each non-standard document which fails to meet the requirements established by ORS 205.232 & 205.234. LENDER NOTE: "LAWYERS TITLE INSURANCE CORPORATION, A VIRGINIA CORPORATION" is the correct name to use if you are going to use this company as the trustee for a trust deed used in this transaction. BB: j ap NOTE: SUPPLEMENTAL TO UPDATE REPORT AND ADD EXCEPTION NO. 15. 122052 EXHIBIT A Parcel No. Two (2) of Partition Plat recorded July 7, 2002, as Partition Plat No. P-35-2002 of "Record of Partition Plats" in Jackson County, Oregon, and filed as Survey No. 17364 in the Office of the County Surveyor. (Code 5-01, Account #1-097309-1, Map #391E05AC, Tax Lot #3401) LandAmerica' Lawyers Title 1555 East McAndrews Road Suite 100 Medford OR 97504 V: 541.779-2811 F: 541-772-6079 ~.12 C~. = 23B.12' I { 5-1 4.4' l 10.23' 150¢ 1600 12~.4G' CS-10798 3100 IQY. LIME AGMT.'S ~t-1807! 204.6' 571'48'14"W 552.75' FROM SOALf ~600 "4' (~.e' U/L) st-tsoT7 ~: 3400 r~ ' -~' ~' ~7~ 3502 ~ _ / 0.22 ~, . 0.19 AC.P2 ~ 15.11' ,.ti' ~ APPROX. ~ 3501 3503 ~ 1/~ co.. ~ o..~c. ~ o.~. ~ 1E 5AC This print is made solely for the purpose of assisting in locating said premises, and the Company assumes no liability for Information printed on this map, including zoning, variations (if any) in actual dimensions- and Ine~tinn~ n~ d'~f~rminAd h~, .,~,,-4.,,..~! ,~,,.,",, .... 0,19 kC.