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HomeMy WebLinkAbout1983-082 Deed - City of AshlandRFINALD L, SALTER ATTORNEY AT LAW 94 THIRD STREET ASHLAND, FII~EGDN 9752EI (503) 482-42 1 5 August 9, 1983 Mrs. Nan Franklin City Recorder City Hall Ashland, Oregon Dear Nan: 97520 Re: Our File A-1 Enclosed is a Title Insurance Policy in favor of the the City of Ashland. I have not be part of this transaction and from looking at the diagram would guess that the property is that which is located across the street from the Justice Center. The Title Policy should, of course, be kept on file for possible future use by the City. Very truly yours, L. SALTER City Attorney RLS/as Enc. 1 cc: Brian Almquist Amount $ 35,000.00 SCHEDULE A Date July 28, INSURED 1983 At 11:03 A.M. CITY OF ASHLAND an Oregon municipal corporation The fee simple title to said land is, at the date hereof, vested in CITY OF ASHLAND an Oregon municipal corporation an estate in fee simple The land referred to in this policy is described as: Page 2 Policy No. PTI-61-I-A CTI - 55246 All Pohcv Form~ Schedule A-- Continued The land referred to in this policy is situated in the State of Oregon, County of and is cleaoribed as follows: JACKSON PARCEL NO. 1: Commencing at a point, 502 feet North of the Northwest corner of tract deeded by T. J. Downing, et ux, to C. B. Peeblers, as des- cribed in Volume 56, Page 64, Jackson County, Oregon, Deed Records; thence East, 185 feet, to the West line of California Street, as described in Volume 61, Page 516, said Deed Records; thence North, along the West line of said California Street, 202 feet, to the angle of said street; thence North 59° West, along the Southerly line of said street, 208 feet, to the intersection of California Street, with the Southerly side line of Main Street, in the City of Ashland, Jackson County, Oregon; thence South 77° West, along said Main Street, 47 feet,, to stake for corner; thence South, 168 feet, to stake for corner; thence East, 38 feet; thence South, 129 feet, to the point of beginning, being a part of Donation Land Claims No. 39 and 43, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon. PARCEL NO. 2: Lot 8, ASHLAND HOMESTEAD ASSOCIATION TRACTS, in the City of Ashland, Jackson County, Oregon. EXCEPTING THEREFROM the South 18.60 feet thereof. PARCEL NO. 3: Beginning at a post, set on the South boundary of Donation Land Claim No. 43, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon, for the Southeast corner of George Fordyce's Lot, from which a white oak tree, 12 inches in diameter, bears North 87° West, 39 links; a white oak tree, 12 inches in diameter, bears South 8° West, 44 links; thence East, 327 links, to a post, for the Southwest corner of E. McCord's Lot; thence North, 330 links, to a post in the center of the County Road; thence South 78° 30' West, 330 links, along said County Road, to a post; thence South, 260 links, to the point of beginning. PARCEL NO. 4: Beginning at the Northeast corner of Lot 9, ASHLAND HOMESTEAD ASSO- CIATION TRACTS, in the City of Ashland, Jackson County, Oregon; thence Southwesterly, along the Northerly line of said lot, 115.83 feet; thence South, .parallel with the West line of Garfield Street, 166 feet; thence Northeasterly, parallel with the Southerly line of East Main Street, 115.83 feet, to the West line of Garfield Street; thence North, along said West line, 166 feet, to the point of begin- ning. TI 68 '111~ Oregon Land Title Association Standard Coverage Policy SCHEDULE B This policy does not insure against loss or damage, nor against costs, attorney's 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 ~hat 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. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records; un- patented 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. 1983-84 real property taxes are a lien, but not yet payable. 6. City liens of the City of Ashland, Oregon, if any. 7. Rights of the public in and to described property lying within the and/or highways. any portion of boundaries of the here in streets, roads Page 3 of PolicyNo. CTI - 55246 II 30 Rabng Bureau for Title Insurance Companies in Oregon OWNER'S INFLATION PROTECTION INDORSEMENT Attached to Policy No. CTI - 55246 Issued by First American Title Insurance Company o£ Oregon An assumed business name of TITLE INSURANCE COMPANY OF OREGON The Company, recognizing the current effect of inflation on real property valuation and intending to provide additional monetary protection to the Insured Owner named in said Policy, hereby modifies said Policy, as follows: Notwithstanding anything contained in said Policy to the contrary, the amount of insurance provided by said Policy, as stated in Schedule A thereof, is subject to cumulative annual upward adjustments in the manner and to the extent hereinafter specified. "Adjustment Date" is defined, for the purpose of this Indorsement, to be 12:01 a.m. on the first January 1 which occurs more than six months after the Date of Policy, as shown in Schedule A of the Policy to which this Indorsement is attached, and on each succeeding January 1. An upward adjustment will be made on each of the Adjustment Dates, as defined above, by increasing the maximum amount of insurance provided by said Policy (as said amount may have been increased theretofore under the terms of this Indorsement) by the same percentage, if any, by which the United States Department of Commerce Composite Construction Cost Index (base period 1967) for the month of September immediately preceding exceeds the highest Index number for the month of September in any previous year which is subsequent to Date of Policy; provided, however, that the maximum amount of insurance in force shall never exceed 150% of the amount of insurance stated in Schedule A of said Policy, less the amount of any claim paid under said Policy which, under the terms of the Conditions and Stipulations, reduces the amount of insurance in force. There shall be no annual adjustment in the amount of insurance for years in which there is no increase in said Construction Cost Index. In the settlement of any claim against the Company under said Policy, the amount of insurance in force shall be deemed to be the amount which is in force as of the date on which the insured claimant first learned of the assertion or possible assertion of such claim, or as of the date of receipt by the Company of the first notice of such claim, whichever shall first occur. Nothing herein contained shall be construed as extending or changing the effective date of said Policy. This indorsement is made a part of said Policy and is subject to the schedules, conditions and stipulations therein, except as modified by the provisions hereof. PRESIDENT ATTEST~~1~ ~, SECRETARY TI 77 604 West Main St. Phone 779-7250 Medford, Oregon 97501 CRATER TITLE INSURANCE CO. Serving ali of Ja¢ Cour~' 485 East Main St. Phone 482-4006 Ashlancl, Oregon 97520 2800 3200 5-1 )0 1400 1500 X /27,0 ' gO' 360O 12 250O TWP E SEC 1OB~ THIS SKETCH IS FOR LOCATION PURPOSES ONLY. NUMBERS ON SKETCH ARE COMPANY NUMBERS & NO LIABILITY IS ASSUMED FOR VARIATIONS DISCLOSED BY SURVEY OR COUNTY RECORDS. ~ 83.-1; 469 DEED JACKSON COUNTY, a political subdivision of the State of Oregon, Grantor herein, pursuant to ORS 271.310, conveys to CITY OF ASHLAND, an Oregon municipal corporation, all of Grantor's right, title, and interest in and to real property deemed by Grantor not needed for any public use and furtherance of the public interest, and more particularly described as follows: PARCEL NO. 1 Commencing at a point, 502 feet North of the North- west corner of tract deeded by T.J. Downing, et ux, to C.B. Peeblers, as described in Volume 56, Page 64, Jackson County, Oregon, Deed Records; thence East, 185 feet, to the West line of California Street, as described in Volume 61, Page 516, said Deed Records; thence North, along the West line of said California Street, 202 feet, to the angle of said street; thence North 59° West, along the Southerly line of said street, 208 feet, to the intersection of California Street, with the Southerly side line of Main Street, in the City of Ashland, Jackson County, Oregon; thence South 77° West, along said Main Street, 47 feet, to stake for corner; thence South, 168 feet, to stake for corner; thence East, 38 feet; thence South, 129 feet, to the point of beginning, being a part of Donation Land Claims No. 39 and 43, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon. PARCEL NO. 2 Lot 8, Ashland Homestead Association Tracts, in the City of Ashland, Jackson County, Oregon. Excepting Therefrom the South 18.60 feet thereof. PARCEL NO. 3 Beginning at a post, set on the South boundary of Donation Land Claim No. 43, Township 39 South, Range 1 East, Willamette Meridian, Jackson County, Oregon, for the Southeast corner of George Fordyce's Lot, from which a white oak tree, 12 inches in diameter, bears North 87° West, 39 links; a white oak tree, 12 inches in 1 - DEED 83-12469 diameter, bears South 8° West, 44 links; thence East, 327 links, to a post, for the Southwest corner of E. McCord's Lot; thence North, 330 links, to a post in the center of the County Road; thence South 78° 30' West, 330 links, along said County Road, to a post; thence South, 260 links, to the point of beginning. PARCEL NO. 4 Beginning at the Northeast corner of Lot 9, Ashland Homestead Association Tracts, in the City of Ashland, Jackson County, Oregon; thence Southwesterly, along the Northerly line of said lot, 115.83 feet; thence South, parallel with the West line of Garfield Street, 166 feet; thence Northeasterly, parallel with the Southerly line of East Main Street, 115.83 feet, to the West line of Garfield Street; thence North, along said West line, 166 feet, to the point of beginning. The true and actual consideration for this transfer is the sum of Thirty-five Thousand Dollars ($35,000). STATE OF OREGON ) ) ss. County of Jackson) Dated this ~2~day of Q~(~. , 1983. JACKSON COUNTY BOARD OF COMMISSIONERS Hank Henry, Chair~ O~C[AL RECORD~ Jerry B~n.es: Commissioner · eteTM s~g~?~u~lssioner KATHLEEN S. BEC~TT OLEI~ ~1 ~iE¢ORDEi~ who e a Commissioners of Jackson County, Oregon, they signed the foregoing instrument on behalf of Jackson County with proper authority as the act of the County for the purpose therein stated. APPR~VE~ AS TO FORM: 7tyC~Qnsel DEED ~/ :' : ,,I -, ~ary Public~_~Or t:e Sta.te of.3Dregon ~Commission Expires: ~-~-~