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HomeMy WebLinkAbout3303 Snowy Butte Lane_20180209101152| ø*t AmerÍcan F¡rst Amer¡can Title Company of Oregon 1225 Crater Lake Ave, Ste 101 Medford, OR 97504 Phn - (s41)779-72s0 Fax - (866)400-2250 PAR REPORT City of Central Point 140 S 3rd ST Central Point, OR 97502 March24,2015 File Number : 7 769-2473872 Attn: Rachel Neuenschwander Re: 3303 Snowy Butte Lane Fee $85.00 According to a search of our tract indices for the following described propefi, First American Ttle Company of Oregon (hereinafter referred to as "The Company" cedífies as follows): Legal Description of the property: The land referred to in this repot is described in Exhibit A attached hereto and as of March 16, 2015 at B:00 a.m. We find that the last deed of record runs to: Jennifer Snyder and Randall J. Belovitch, as tenants by the entirety We have also searched our General Index for Judgments and State and Federal Liens against the Grantee(s) named above and fìnd: None Recorded voluntary liens and tax information: t Deed of Trust and the terms and conditions thereof, Grantor/Trustor: Jennifer Belovitch and Randall J. Belovitch Grantee/Beneficiary: U.S. Bank National Association Trustee: U,S. Bank Trust Company, National Association Amount: $70,998.00Recorded: December 01, 2005 Recording Information: Document No. 2005-073070 Note: This Deed of Trust contains Line of Credit privileges. If the current balance owing on said obligation is to be paid in full in the forthcoming transaction, confirmation should be made that the beneficiary will issue a proper request for full reconveyance. Fi¡st Amer¡can nile 2 F¡rst American Ïtle Company of Oregon File No.: 7169-24L3872 March 24, 2015 The lien of said Deed of Trust was subordinated to the lien of the instrument recorded December 27, 2006 as Document No. 2006-06446lby agreement recorded December 27, 2006as Document No. 2006-064462 . Deed of Trust and the terms and conditions thereof. Grantor/Trustor: Jennifer Snyder aka Jennifer A. Belovitch and Randall J. Belovitch, as tenants by the entirety Grantee/Beneficiary: U.S. Bank National Association ND. Trustee: Icor Ïtle Amount: $138,000.00Recorded: December 27,2006 Recording Information: Document No. 2006-064461 The beneficial interest under said Deed of Trust has been assigned to Mottgage Electronic Registration Systems Inc., a Delaware Corporation, by Assignment recorded November 02,2007 as Document No. 2007-050366. A document recorded March 31, 2008 as Document No. 2008-011829 of Official Records provides that First American Title Insurance Company was substituted as trustee under the deed of trust. NOTE: Taxes for the year 2074-2015 PAID IN FULL Tax Amount: $1,951.75 Map No.: 372W10D8 9200 ProperÇ ID: 1-020238-3 Tax Code No.: 6-02 NOTE: The address of the property described herein is: 3303 Snowy Butte Lane , Central Point, OR 97502 NOTE: The 20t4-2015 tax assessed value for the herein described property is as follows: Land: $ 44,640.00 Improvements: $ 74,560,00 Parcel No.: 1-020238-3 THIS IS NOT a title report since no examination has been made of the title to the above described property. This report does not purport to show all encumbrances and no representation is made as to the sufficiency of the title of the above pafties. Liability of the Company for this lien search is limited to the charge made thereof. F¡rstAmer¡can T¡tle Flrst American Tltle Company of Oregon File No.: 7L69-24L3872 March 24, 2015 Exhibit "4" Real propefi in the County of JacKon, State of Oregon, described as follows: BEGINNING AT THE SOUTHEAST CORNER OF LOT B OF SNOWY BUTTE MEADOWS, ACCORDING TO THE oFFICIAL PLAT THEREOF, RECORDED IN VOLUME 31, PAGE B OF PI-AT RECORDS, IN JACKSON COUNTY, OREGON; THENCE SOUTH 89o58'20" WEST, 115,00 FEET TO THE INTERIOR ELL CORNER OF LOT 6, SAID SNOWY BUTTE MEADOWS; THENCE CONINUE SOUTH 89058'20" WEST, 40.00 FEET TO THE WEST LINE OF SAID LOT 6; THENCE ALONG SAID WEST LINE, SOUTH 00001?0" EAST, 67.31 FEET TO THE SOUTHWEST CORNER OF SAID LOT 6; THENCE ALONG THE SOUTH LINE THEREOF AND THE SOUTH LINE OF THATTRACT DESCRIBED IN DOCUMENT NO. 2OO4-O7OI4T, OFFICIAL RECORDS OF JACKSON COUNTY, OREGON, SOUTH 89o53',11"EASI 155.00 FEETTOTHE SOUTHEASTCORNEROF SAID TRACT; THENCE ALONG THE EAST LINE OF SAID TRACT, NORTH 00o01'40" WEST, 67.69 FEET TO THE POINT OF BEGINNING. NOTE: This Legal Description was created prior to January 01' 2008' First Amerlcan T'ttle TTIIS MAP IS TþRLOCÀTTON PURrcSES ONLY NO LIABILTTY IS ASSUMED F'OR VARIATTONS DTSCLOSED EY SURVEY OR, COUNTY RECORDS rIRSTåMNICANIITI,E N u.7' 8800 u.t' ; e000 144.82' a)N È 142.10' I.P. OF SNOWY BUTTE M EADO!'\¡S ñI265,7' cs 19080 iå"::^ 1 5 I 94,33 9400 0.27 Ac o 5.0 ( \ 66.02 14 16 0.09 Ac 9418 69.75 9401 0.15 Ac 9404 0.'t 8 Ac 133.25 $.:tàr 17 oo .oo 1162.00 12 52.50 0 1 4 20 Ac 1d ft N o 59.¿0 36 25 c1 oo o 18 Ac 'ùl t'\ 59.40 9402 .t oo 10 o .03 Ac s.Ê. coR. LOT H 9409 0.15 Ac 61.00 9408 0.14 Ac9406 0,14 Ac 28,25 9407 0.14 Ac 91 00 o.22Ac 9403 o14 È 4121.46 60 00 9405 0 4 Ac \l '13 { 9419 Ac 9414 0.22 Ac (a ) O389 683 oc 3 o ÈN êN{ 'i:sq 107.38 q N 2 I 1 CS CS ìl I s¡.oo q È@ Ac 9411 0.14 Ac9412 0.14 Ac 6 9413 0.1 5 Ac cs 30 941 5 94200j4^c 941 0 0.15 Ac'> 941 6 0.20 Ac 9200 0.24 Ac cs 19080 115.0 9302 .0.16 Ac.t\ P2 951 I 78.20,CALC. coR. 6)a I 2oummx LOTA OF 9417\ o.ze ¡c \cs tgoa 70.04 l-{!{ \ 12370 14 F lî dÈ a? P1 0'cs 21 570 9300 0.49 Ac. .t> cs-20286 ,l? P N 9301 0.25 Ac. '( i. ?'otl" t' 9421 0.01 Ac 21s,73' 'ft - t?,9'tsF =)m Foz(t)N ê oú rr¡FF Þ m ÞozU) o + 4o , /t It ,À /t /. , , I Qr'L' P.'l âo Nrrcî H f¡f! çn 8500 153.3/ CALC, LOTA -6q s rr'Í coR. l9 H êo 128 I. LOT 127 951 5 140 124 06 141 N bN å\\" 20, TIMOTHY STREET6E.3' cs 18113 ê o ç 9) , /t 'I F RITA WAY MARLIN WAY I tt lh 20Lu o 4o I I Él c"l 25 {s _t I 1 x9 143 20 6 COR. I nr,t American Guarantee Litigation Guarantee ISSUED BY First American Title Insurance Company POLICY NUMBER 500274L-7L69-2605220 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE LIMITS OF LIABIUTY AND OTHER PROVISIONS OF THE CONDMONS AND STIPUI-ATIONS HERETO ANNEXED AND MADE A PART OF THIS GUAMNTEE, FIRST AMERICAN TITLE INSURANCE COMPANY, herein called the Company, for the fee paid for this Guarantee, the amount and effective date of which are shown herein, hereby guarantees the pafties herein called the Assured, against actual loss not exceeding the liability amount stated herein which the Assured shall sustain by reason of any incorrectness in the assurance which the Company hereby gives that, according to the public records, on the effective date stated herein, 1. The title to the herein described estate or interest was vested in the vestee named, subject to the matters shown as Exceptions herein, which Exceptions are not necessarily shown in the order of their priority. In Witness Whereof, First American Ïtle Insurance Company has caused its corporate name to be hereunto affixed by its authorized officers as of Date of Guarantee shown in Schedule A. First American Title Insarance Company W ú.'fr¿/'v'¿*'u Ptøeidønl ll¡lrw E,l*nlvtnsøn 6st.ølq.y This jacket was created electron¡cally and const¡tutes an oríginal document 1of 6s002741 (7-t-14)OTIRO G-04 - L¡tigation 1. DEFINITION OF TERMS The following terms when used in the Guarantee mean: (a) "Land": the land described, specifically or by reference, in this Guarantee and improvements affixed thereto which by law constitute real propefi. (b) "Public records": those records which impaft constructive notice of matters relating to said land. (c) "Date": the effective date, (d) "The Assured": the party or pafties named as the Assured in this Guarantee, or in a supplemental writing executed by the Company. (e) "Moftgage": moftgage, deed of trust, trust deed, or other security instrument.2. EXCLUSIONSFROM COVERAGE The Company assumes no liability for loss or damage by reason of the following: (â) 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. (b) Unpatented mining claims; reseruations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. (c) Title to any propefty beyond the lines of the land expressly described in the description set fotth in this Guarantee, or title to streets, roads, avenues, lanes, ways or waten /ays on which such land abuts, or the right to maintain therein vaults, tunnels, ramps or any other structure or improvement; or any rights or easements therein unless such property, rights or easements are expressly and specifically set fotth in said description. (d) Defects, liens, encumbrances, adverse claims against the title as guaranteed, or other matters (1) created, suffered, assumed or agreed to by one or more of the Assured; or (2) resulting in no loss or damage to the Assured.3. PROSECUTIONOFACTIONS (a) The Company shall have the right at its own cost to institute and prosecute any action or proceeding or do any other act which in its opinion may be necessary or desirable to establish or confirm the matters herein guaranteed; and the Company may take any appropriate action under the terms of this Guarantee whether or not it shall be liable thereunder and shall not thereby concede liability or waive any provision hereof. (b) In all cases where the Company does so institute and prosecute any action or proceeding, the Assured shall permit the Company to use, at its option, the name of the Assured for such purpose. Whenever requested by the Company, the Assured shall give the Company all reasonable aid in prosecuting such action or proceeding, and the Company shall reimburse the Assured for any expense so incurred. CONDITIONS AND STIPULATIONS 5. 6. NOTICE OF LOSS. LIMÍTATION OF ACTION A statement in writing of any loss or damage for which it is claimed the Company is liable under this Guarantee shall be furnished to the Company within sixty days after such loss or damage shall have been determined, and no right of action shall accrue to the Assured under this Guarantee until thifi days after such statement shall have been furnished, and no recovery shall be had by the Assured under this Guarantee unless action shall be commenced thereon within two years after expiration of said thirty day period. Failure to furnish such statement of loss or damage or to commence such action within the time hereinbefore specified shall be a conclusive bar against maintenance by the Assured of any action under this Guarantee. oPTroN TO PAY, SETTLE OR COMPROMTSE CLATMS The Company shall have the option to pay or settle or compromise for or in the name of the Assured any claim which could result in loss to the Assured within the coverage of this Guarantee, or to pay the full amount of this Guarantee or, if this Guarantee is issued for the benefit of a holder of a mortgage, the Company shall have the option to purchase the indebtedness secured by said mortgage. Such purchase, payment or tender of payment of the full amount of the Guarantee shall terminate all liability of the Company hereunder, In the event after notice of claim has been given to the Company by the Assured the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign said indebtedness and the moftgage securing the same to the Company upon payment of the purchase price. LIMITATION OF LIABITITY - PAYMENT OF LOSS (a) The liability of the Company under this Guarantee shall be limited to the amount of actual loss sustained by the Assured because of reliance upon the assurances herein set forth, but in no event shall such liability exceed the amount of the liability stated within this Guarantee. (b) The Company will pay all costs imposed upon the Assured in litigation carried on by the Company for the Assured, and all costs and attorneys'fees in litigation carried on by the Assured with the written authorization of the ComPany. (c) No claim for damages shall arise or be maintainable under this Guarantee (1) if the Company after having received notice of an alleged defect, lien or encumbrance not shown as an Exception or excluded herein removes such defect, lien or encumbrance within a reasonable time after receipt of such notice, or (2) for liability voluntarily assumed by the Assured in settling any claim or suit without written consent of the Company. (d) All payments under this Guarantee, except for attorney's fees as provided for in paragraph 6(b) hereof, shall reduce the amount of the liability 4. s00274t (7-L-14)2oî6 OTIRO G-04 - Litigation hereunder pro tanto, and no payment shall be made without producing this Guarantee for endorsement of such payment unless the Guarantee be lost or destroyed, in which case proof of such loss or destruction shall be furnished to the satisfaction of the Company. (e) When liability has been definitely fixed in accordance with the conditions of this Guarantee, the loss or damage shall be payable within thirÇ days thereafter.7. SUBROGATION UPON PAYMENT ORSETTLEMENT Whenever the Company shall have settled a claim under this Guarantee, all right of subrogation shall vest in the Company unaffected by any act of the Assured, and it shall be subrogated to and be entitled to all rights and remedies which the Assured would have had against any person or property in respect to such claim had this Guarantee not been issued. If the payment does not cover the loss of the Assured, the Company shall be subrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. The Assured, if requested by the Company, shall transfer to the Company all rights and remedies against any person or propefi necessary in order to peÉect such right of subrogation, and shall permit the Company to use the name of the Assured in any transaction or litigation involving such rights or remedies.8. GUARANTEE ENTIRECONTRACT Any action or actions or rights of action that the Assured may have or may bring against the Company arising out of the subject matter hereof must be based on the provisions of this Guarantee. No provision or condition of this Guarantee can be waived or changed except by a writing endorsed or attached hereto signed by the President, a Vice President, the Secretary, an Assistant Secretary or other validating officer of the Company.9. NOTTCES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this policy and shall be addressed to the Company at First American Title Insurance Company, Attn: Claims National Intake Center, 1 First Americ¿n Way, Santa Ana, CA 92707. Phone: 888-632-1642. 10. FEE The fee specified within this Guarantee is the total fee for title search and examination and for this Guarantee. f ¡Mt,gr,e Firct AmerieanTÍtle =orm 500274L (7-L-L4) jPaoe 3 of 6 OTIRO G-04 - Litigation Guarantee Oregor J?rcf Ameriean Schedule A c. File No.: 7t69-2605220 Liability: $t2,878.67 Your Ref.: 3303 Snowy Butte Lane Effective Date: February 22,20t6 at B:00 A.M.Fee: $200.00 A. Assured: City of Central Point B.The estate or interest in the land hereinafter described or referred to covered by this Guarantee is: Fee Simple Ttle to said estate or interest at the date hereof is vested in: Jennifer Snyder and Randall J. Belovitch, as tenants by the entirety D The land referred to in this Guarantee is situated in the County of Jackson, State of Oregon, and is described as follows: On Exhibit A attached E, As of the effective date, the premises are subject to the following Exceptions: City liens, if any, of the City of Central Point. The premises herein described are within and subject to the statutory powers of the Rogue Valley Sewer Seruices. The rights of the public in and to that portion of the premises herein described lying within the limits of streets, roads and highways. Power line, telephone line and poles as shown on Cetification Plat by Verlyn Thomas, registered land surueyor. Easement, including terms and provisions contained therein: Recording Information: November 09, 1982 as Document No. 82-16204 For: sanitary sewer purposes 15 feet in width 1. 2. 3. 4. 5. First Amer¡can Title Insurance Company Litigation Guarantee ISSUED BY GUARANTEE NUMBER 7L69-2605220 :orm 5002741 (7-L-L4)lPage 4 of 6 I OTIRO G-04 - Litigation Guarante€ Oregor 7 6. NOTE: Taxes for the year 2015-2016 PAID IN FULL Tax Amount: $2,024.02 Map No.: 372W10D8 9200 Property ID: 1-020238-3 Tax Code No.: 6-02 Deed of Trust and the terms and conditions thereof. Grantor/Trustor: Randall J. Belovitch and Jennifer Belovitch Grantee/Beneficiary: U.S. Bank, National Association Trustee: U.S. Bank Trust Company, National Association Amount: $70,998.00Recorded: December 01, 2005 Recording Information: Document No. 2005-073070 Note: This Deed of Trust contains Line of Credit privileges. If the current balance owing on said obligation is to be paid in full in the forthcoming transaction, confirmation should be made that the beneficiary will issue a proper request for full reconveyance. The lien of said Deed of Trust was subordinated to the lien of the instrument recorded December 27, 2006 as Document No, 2006-06446I by agreement recorded December 27, 2006as Document No. 2006-064462 . Deed of Trust and the terms and conditions thereof. Grantor/Trustor: Jennifer Snyder aka Jennifer A, Belovitch and Randall J Belovitch, as tenants by the entirety Grantee/Beneficiary: U.S. Bank National Association ND. Trustee: Tcor Ïtle Amount: $138,000.00Recorded: December 27,2006 Recording Information: Document No. 2006-064461 According to the public records, the beneficial interest of U.S. Bank National Association under the deed of trust was assigned to Mortgage Electronic Registration Systems Inc., a Delaware Corporation by assignment recorded November 02,2007 as Document No. 2007-050366 of Official Records. A document recorded March 31, 2008 as Document No. 2008-011829 of Official Records provides that First Amerícan Ttle Insurance Company was substituted as trustee under the deed of trust. Any bankruptcy proceeding not disclosed by the acts that would afford notice as to said land, pursuant to Ïtle 11, U.S.C. 549 (c) of the Bankruptcy Reform Act of 1978 and amendments thereto. Unless a Notice of Pendency of Action is filed as provided by ORS 93.740,liens subsequent to the filing of a Judicial Foreclosure will be unaffected by the foreclosure proceedings. B. 9. torm 500274t (7-r-14) lPaoe s of 6 I OTIRO G-04 - Litigation ,&ffif AmerÍcan Exhibit A ISSUED BY First American Title Insurance Company POUCY NUMBER 500274j'-2605220 File No.: 7169-2605220 THE I-AND REFERRED TO HEREIN BELOW IS SMUATED IN THE COUNTY OF JacKSON, STATE OF OR, AND IS DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF LOT 8 OF SNOWY BUTTE MEADOWS, ACCORDING TO THE OFFICIAL PLAT THEREOF, NOW OF RECORD, IN JACKSON COUNTY, OREGON; THENCE SOUTH 8905820" WESI 115.00 FEET TO THE INTERIOR ELL CORNER OF LOT 6, SAID SNOWY BUTTE MEADOWS; THENCE CONINUE SOUTH 89o5820" WEST, 40.00 FEET TO THE WEST LINE OF SAID LOT 6; THENCE ALONG SAID WEST LINE, SOUTH 00001?0" EAST, 67.31 FEET TO THE SOUTHWEST CORNER OF SAID LOT 6; THENCE ALONG THE SOUTH LINE THEREOF AND THE SOUTH LINE OF THAT TRACT DESCRIBED IN DOCUMENT NO. 2OO4-O7OT4T, OFFICIAL RECORDS OFJACKSON COUNTY, OREGON, SOUTH 89053,11" EAST, 155.00 FEETTO THE SOUTHEASTCORNER OF SAID TRACT; THENCE ALONG THE EAST LINE OF SAID TRACT, NORTH 0000140" WESr, 67.69 FEET TO THE POINT OF BEGINNING. =orm 500274L (7-L-L4) leaoe 6 of 6 OTIRO G-04 - Litigation Guarantee Oregor