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HomeMy WebLinkAboutCouncil Resolution 1380RESOLUTION NO. 13gb A RESOLUTION APPROVING AN OFFER TO PURCHASE REAL PROPERTY LOCATED AT 48 THIRD STREET, JACKSON COUNTY ASSESSOR'S MAP NO. 372W10AA TAX LOT 3100 AND RECOMMENDING ADOPTION OF A PURCHASE AND SALE AGREEMENT FOR SUCH REAL PROPERTY RECITALS: A. Oregon Revised Statue Chapter 271 authorizes the City of Central Point to enter into financial agreements for the purpose of acquiring real or personal property that the City Council deems necessary. B. The City of Central Point City Council has deemed the purchase of 48 Third Street, Jackson County Assessor's Map No. 372W1 OAA and Tax Lot 3100 is in the best interest of the City of Central Point in accordance with the goals established by the 2007 City of Central Point strategic plan. The City of Central Point resolves: Section 1. The attached purchase and sale agreement for the acquisition of real property located at 48 Third Street, Jackson County Assessor's Map No. 372W1 OAA and Tax Lot 3100 (the "Prooertv") is aooroved. Section 2. The City Manager is hereby authorized, on behalf of the City and without further action by the City Council, to make the offer to purchase the Property upon the terms and conditions specified in the attached purchase and sale agreement which will remain valid for a defined period, but shall become null and void if not executed by the seller. on or before October 15'h. 2013. Section 3. The City Manager is hereby authorized, on behalf of the City and without further action by the City Council, to execute the attached purchase and sale agreement and to perform all necessary acts, sign all necessary documents, and complete any other necessary matters in order to purchase the subject property. Passed by the Council and signed by me in authentication of its passage this a, day of S T , 2013. Mayor Hank Williams ATTES City Recorder ATTACHMENT PURCHASE AND SALE AGREEMENT DATE: . 2013 . City of Central Point aut V f- 140 S. Third Street Central Point, OR 97502 Rl IY-£R Charles Sinyard SeUpl 12311 Blackwell Road Central Point, OR 97502 Recital Seller desires to sell to Buyer and Buyer desires to purchase from Seller certain real property with all improvements located on it commonly known as 48 Third Street, Jackson County Assessor's Map No. 372 W I OAA and Tax Lot 3100 (the "Property'). The legal description is attached hereto as Exhibit "A", incorporated herein by reference. Agreement Now, therefore, for valuable consideration, the parties agree as follows: 1. Sale and Purchase. Buyer agrees to purchase the Property from Seller and Seller agrees to sell the Property to Buyer for the sum of 100.000.00 (the "Purchase Price"). 2. Payment of Purchase Price. The Purchase Price shall be paid as follows: 2.1 The Purchase Price, in the initial amount of $100,000.00, shall bear interest at the rate of three and three quarter percent (3.75%) per annum from the Closing Date and shall be paid to Seller pursuant to the terms of a promissory note, in substantially the form provided in Exhibit "B", incorporated herein by reference. with Seller as Noteholder and Buyer as Borrower, as follows: (1) Monthly payments in the amount of $1000.61 shall be paid into a collection escrow account, including principal and interest. Buyer shall pay the monthly collection escrow fees. (2) On or before October I, 2023, Buyer shall pay Seller the entire unpaid balance of the Purchase Price; plus any accrued interest thereon. I- PURCHASE AND SALE AGREEMENT (3) Buyer may prepay all or any portion of the unpaid balance of the Purchase Price at any time without penalty or premium. Any prepayments shall be applied first to interest and the balance, Warty, shall be applied to principal. (4) 'file promissory note shall be secured by a first trust deed on the Property, in substantially the form attached hereto as Exhibit "C" incorporated herein by reference. (5) The trust deed shall provide, among other matters, that Buyer may not sell or transfer any interest in the Property or permit any lien or encumbrance to attach to the Property without the prior written consent of Seller, which consent shall not be unreasonably withheld. 4. Closing. Closing shall take place on or before (the "Closing Date"), at the offices of First American Title Insurance Company of Oregon, 1225 Grater Lake Avenue, Suite 101, Medford, OR 97504. Each party shall pay one-half of the escrow fee. 5. Preliminary Title Report. Within 10 days after full execution of this Agreement, Seller shall furnish to Buyer a preliminary title report showing the condition of title to the Property, together with copies of all exceptions listed therein (the "Title Report"). Buyer will have 10 days from receipt of the Title Report to review the Title Report and to notify Seller, in writing, of Buyer's disapproval of any exceptions shown in the Title Report. Those exceptions not objected to by Buyer are referred to below as the "Permitted Exceptions." If Buyer notifies Seller of disapproval of any exceptions, Seller shall have 15 days after receiving the disapproval notice to either remove the exceptions or provide Buyer with reasonable assurances of the manner in which the exceptions will be removed before the transaction closes. If Seller does not remove the exceptions or provide Buyer with such assurances, Buyer may terminate this Agreement by written notice to Seller given within 15 days after expiration of such 15 -day period, in which event the earnest money shall be refunded to Buyer and this Agreement shall be null and void. 6. Conditions 6.1 Buyer's obligation to purchase the Property is contingent on Buyer's approval of its physical inspection of the Property, which may include, but shall not be limited to environmental evaluations and surveys. Buyer shall have until the Closing Date to complete its physical inspection of the Property. 6.2 Buyer and its agents shall have ILII access to the Property for the purpose of conducting Buyer's inspections. If Buyer is not satisfied, in its sole discretion, with the result of Buyer's inspections, Buyer may terminate this Agreement by written notice to Seller given at any time before the applicable date set forth above, in which event the earnest money shall be refunded to Buyer. If Buyer fails to give any such notices of termination within the applicable time period, the respective condition will be deemed satisfied or waived. Buyer shall indemnify, hold harmless, and defend Seller from all 2 - PURCHASE AND SALE AGREEMENT liens, costs, and expenses, including reasonable attorney's fees and other costs of defense, arising from or relating to Buyer's, and Buyer's agents, activities on the Propertv. This agreement to indemnify, hold harmless and defend Seller shall survive closing or any termination of this Agreement. 7. Deed. On the Closing Date, Seller shall execute and deliver to Buyer a Warranty Deed, conveying the Property to Buyer, free and clear of all liens and encumbrances except the Permitted Exceptions. 8. Title Insurance. Buyer may secure title insurance at Buyer's sole cost and expense. 9. Taxes; Prorates. Real property taxes for the 1013-14 tax year and other usual items shall be prorated as of the Closing Date. 10. Possession. Buyer shall be entitled to possession immediately upon closing. 11. Seller's Representations. Seller represents and warrants to Buyer as follows: (1) Seller has no knowledge and has received no written notice of any liens to be assessed against the Property. (2) Seller has no knowledge and has received no written notice from any governmental agency of any violation of any statute, law, ordinance, or deed restriction, rule, or regulation with respect to the Property. (3) Seller has no knowledge that the Property has ever been used for the stor- age or disposal of any hazardous material or waste. Seller has no knowledge of environmentally hazardous materials or wastes contained on or under the Property, and Seller has no knowledge that the Property has been identified by any governmental aeency as a site upon which environmentally hazardous materials or wastes have been or may have been located or deposited. All representations and warranties contained in this Agreement will survive closing and the conveyance of the Property to Buyer. 12. Binding Effect/Assignment Restricted. This Agreement is binding on and will inure to the benefit of Seller, Buyer, and their respective heirs, legal representatives, successors, and assigns. 13. Attorney Fees. In the event action is instituted to enforce any term of this Agreement, the prevailing party shall recover fi-om the losing party reasonable attorney fees incurred in such action as set by the trial court and, in the event of appeal, as set by the appellate courts. 3 - PURCHASE AND SALE AGREEMENT 14. Notices. All notices and communications in connection with this Agreement shall be given in writing and shall be transmitted by certified or registered mail, return receipt requested, to the appropriate party at the address first set forth above. Any notice so transmitted shall be deemed effective on the date it is placed in the United States mail, postage prepaid. Either party may; by written notice, designate a different address for purposes of this Agreement. 15. Entire Agreement. This Agreement sets forth the entire understanding of the parties with respect to the purchase and sale of the Property. This Agreement supersedes any and all prior negotiations, discussions, agreements, and understandings between the parties. This Agreement may not be modified or amended except by a written agreement executed by both parties. 16. Applicable Law. This Agreement shall be construed, applied, and enforced in accordance with the laws of the state of Oregon. 17. Acceptance. This Agreement shall be null and void unless executed by Buyer, on or before .2011). 18. Authority. The persons signing this Agreement on behalf of Buyer and Seller each, respectively, represent, covenant and warrant that each has full right and authority to enter into this Agreement and to bind the party for whom such person signs this Agreement. THE PROPERTY DESCRIBED IN THIS INSTRUMENT MAY NOT BE WITHIN A FIRE PROTECTION DISTRICT PROTECTING STRUCTURES. THE PROPERTY IS SUBJECT TO LAND USE LAWS AND REGULATIONS THAT, IN FARM OR FOREST ZONES, MAY NOT AUTHORIZE CONSTRUCTION OR SITING OF A RESIDENCE AND THAT LIMIT LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, IN ALL ZONES. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCEL, AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO VERIFY THE EXISTENCE OF FIRE PROTECTION FOR STRUCTURES AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007, AND SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010. 4 - PURCHASE AND SALE AGREEMENT SELLER: BUYER: CITY OP CENTRAL POINT. a municipal corporation Charles Sinyard Chris Clayton, City Manager Datcd: . 2013 Dated: , 2013 5- PURCHASE AND SALE AGREEMENT $100.000.00 PROMISSORY NOTE I. Obligation; Loan Amount. EXHIBIT B .2013 Central Point. Orcgon FOR VALUE RECEIVED, the undersigned ("Borrower") promises to pay to Charles Sinyard, or order ("Noteholder"), the principal sum of One Hundred Thousand and 00/100 Dollars ($100.000.00) with interest on the unpaid principal balance from the date of this promissory note ("Note") and at the rates specified in Section 3 below. Principal and interest shall be payable at such place as Noteholder may designate. 2. Loan Term. All indebtedness owing to Noteholder pursuant to this Note shall be due and payable on or before October I, 2023. This date shall be the "Date of Maturity" of the obligations evidenced by this Note owing to Noteholder. 3. Interest Rate. The principal balance owing pursuant to this Note shall accrue interest at the rate of "I"hree and Three Quarter percent (3.75%) per annum ("Regular Interest"). In the event any payment required of Borrower pursuant to this Note becomes past due for a period of 10 days or more, or in the event of the failure of Borrower to perform any of the terms or conditions of the trust deed which secures payment of this Note, or any other documents Csecuted by Borrower contemporaneously herewith, the principal balance owing pursuant to this Note shall, automatically and without further notice to Borrower, accrue interest at an annual rate equal to five percent (5%) more than the Regular Interest rate until such time as the delinquent payment is paid or the default is cured ("Default Interest"). The difference between Regular Interest and Default Interest shall be due and payable immediately when the additional interest accrues, and Noteholder may (a) refuse any late payment or any subsequent payment unless accompanied by such additional interest, or (b) treat the failure to pay such additional interest as a default hereunder. The acceptance of payments or performance by Noteholder shall not be deemed a waiver of Noteholder's right to collect Default Interest. Interest shall be computed for the actual number of days principal is unpaid, using a daily factor obtained by dividing the stated interest rate by 360. I - Promissory Note 4. Payments. Borrower shall pay monthly installments of One Thousand and 61/100 Dollars ($1,000.61), with a final payment due October I, 2023 in the amount of $997.50. With each monthly installment payment, Borrower shall pay any additional interest which has accrued as a result of the Default Interest provisions of Section 3. The first installment shall be due on November I, 2013, and subsequent installments shall be due the same day of each month thereafter until the Date of Maturity. Payments shall be applied first to late charges, if any, then to interest and then to principal. Any prepayment shall not be credited as a future installment payment nor excuse Borrower from making the monthly installment payments provided for in this Note. 5. Default Attorne v'ss Fees. If any monthly installment due under this Note is not paid when due, time being of the essence hereof, the entire principal amount outstanding and accrued interest thereon shall at once become due and payable at the option of the Noteholder. Borrower shall pay all of Noteholder's reasonable collection costs, including attorney's fees, even though no civil action is commenced. If suit or action is brought to collect this Note, the Noteholder shall be entitled to collect all reasonable costs and expenses of such suit or action, including, but not limited to. reasonable attorney's fees at trial and on appeal. 6. Maximum Limit. In no event shall any payment of interest or any other sum payable exceed the maximum amount permitted by applicable law. If it is established that any payment exceeding lawful limits has been received, the Noteholder will credit the excess amount to principal, or, at its option, refund the same. 7. Late Charge. Borrower shall pay to Noteholder a late charge of five percent (5%) of the amount of any installment or balloon payment not received by Noteholder within ten (10) days after the payment is due. The late charge shall apply individually to all payments past due, and there will be no daily, pro -rata adjustment. Late charges shall be due and payable immediately when the charges accrue, and Noteholder may (a) refuse any late payment or any subsequent payment unless accompanied by such late charge, or (b) treat the failure to pay such late charge as a default hereunder. S. Cumulative Rights. No delay or forbearance on the part of the Noteholder in the exercise of any power or right under this Note or under any other instrument executed pursuant hereto shall operate as a waiver thereof, nor shall a single or partial exercise of any other power or right. 2 - Promissory Note Enforcement by the Noteholder or any security for the payment hereof shall not constitute any election by it of remedies so as to preclude the exercise of any other remedy available to it. 9. Governing Law. Venue and Jurisdiction. This Note has been executed and delivered in the State ol'Oreeon and the laws of such state shall govern the validity, construction. enforcement and interpretation of this Note. Exclusive venue and jurisdiction for any dispute concerning this agreement shall be in Jackson County, Oregon. 10. Headings. The headings of the sections of this Note are inserted for convenience only and shall not be deemed to constitute a part hereof. CITY OF CENTRAL POINT By: 3 - Promissory Note Chris Clayton, City Manager First American .x First American Title Company of Oregon 1225 Crater Lake Ave, Ste 101 Medford, OR 97504 Pro -(541)779-7250 Fax -(866)400-2250 EXHIBIT C TITLE PLANT RECORD REPORT THIS REPORT IS ISSUED BY THE ABOVE-NAMED COMPANY ("THE COMPANY") FOR THE EXCLUSIVE USE OF: Neathamer Surveying Inc 3126 State Street, Suite 203/PO Box 1584 Medford, OR 97501 Phone: (541)732-2869 Fax:(541)732-1382 Date Prepared : August 28, 2013 Effective Date : 8:00 A.M on August 23, 2013 Order No. : 7169-2145173 Reference : 372W10AA 3100 Fee: $250.00 The information contained in this report is furnished by First American Title Insurance Company of Oregon (the "Company") as an information service based on the records and indices maintained by the Company for the county identified below. This report is not title insurance, is not a preliminary title report for title insurance, and is not a commitment for title insurance. No examination has been made of the Company's records, other than as specifically set forth in this report. Liability for any loss arising from errors and/or omissions is limited to the lesser of the fee paid or the actual loss to the Customer, and the Company will have no greater liability by reason of this report. This report is subject to the Definitions, Conditions and Stipulations contained in it. REPORT A. The Land referred to in this report is located in the County of Jackson, State of Oregon, and is described as follows: As fully set forth on Exhibit "A" attached hereto and by this reference made a part hereof. B. As of the Effective Date, the tax account and map references pertinent to the Land are as follows: As fully set forth on Exhibit "A" attached hereto and by this reference made a part hereof. C. As of the Effective Date and according to the Public Records, we find title to the land apparently vested in: As fully set forth on Exhibit "B" attached hereto and by this reference made a part hereof. D. As of the Effective Date and according to the Public Records, the Land is subject to the following liens and encumbrances, which are not necessarily shown in the order of priority: As fully set forth on Exhibit "C" attached hereto and by this reference made a part hereof. Public Record Report for New Subdivision or Partition Page 1 of 5 (Ver. 20080422) First American Title Company of Oregon Public Record Report for New Subdivision or Land Partition Order No, 7169-2145173 EXHIBIT "A" (Land Description Map Tax and Account) LOTS 15 AND 16, BLOCK 7 IN THE CITY OF CENTRAL POINT, JACKSON COUNTY, OREGON, ACCORDING TO THE OFFICIAL PLAT THEREOF. NOW OF RECORD. Map No.: 372W10AA 3100 Tax Account No.: 1-066538-1 Situs Address as disclosed on Jackson County Tax Roll: 48 S Third Street, Central Point, OR 97502 Public Record Report for New Subdivision or Partition Page 2 of 5 (Ver. 20080422) First American Title Company of Oregon Public Record Report for New Subdivision or Land Partition Order No. 7169-2145173 EXHIBIT "B" (Vesting) Charles D. Sinyard and Frankie A. Sinyard, as Trustees for the Charles & Frankie Sinyard Revocable Trust under Trust Agreement dated October 14, 2011 Public Record Report for New Subdivision or Partition Page 3 of 5 (Ver. 20080422) First American Title Company of Oregon Public Record Report for New Subdivision or Land Partition Order No. 7169-2145173 EXHIBIT "C" (Liens and Encumbrances) 1. Taxes for the fiscal year 2013-2014 a lien due, but not yet payable. 2. City liens, if any, of the City of Central Point. 3. The premises herein described are within and subject to the statutory powers of the Rogue Valley Sewer Services. 4. Unrecorded leases or periodic tenancies, if any. 5. This Title Plant Record Report does not include a search for Financing Statements fled in the Office of the Secretary of State, or in a County other than the County wherein the premises are situated and no liability is assumed if a Financing Statement is recorded in the Office of the County Clerk (Recorder) covering timber, fixtures or crops, on the premises wherein the lands are described other than by metes and bounds or under the rectangular survey system. 6. In order to insure a transaction involving the herein named trust, we will need to be provided a Certification of Trust pursuant to ORS 130.800 through ORS 130.910. Public Record Report for New Subdivision or Partition Page 4 of 5 (Ver. 20080422) First American Title Company of Oregon Public Record Report for New Subdivision or Land Partition Order No. 7169-2145173 DEFINITIONS, CONDITIONS AND STIPULATIONS Definitions. The following terms have the stated meaning when used in this report: (a) "Customer": The person or persons named or shown as the addressee of this report. (b) "Effective Date": The effective date stated in this report. (c) "Land": The land specifically described in this report and improvements affixed thereto which by law constitute real property. (d) 'Public Records": Those records which by the laws of the state of Oregon impart constructive notice of matters relating to the Land. 2. Liability of the Company (a) This is not a commitment to issue title insurance and does not constitute a policy of title insurance. (b) The liability of the Company for errors or omissions in this public record report is limited to the amount of the charge paid by the Customer, provided, however, that the Company has no liability in the event of no actual loss to the Customer. (c) No costs (including, without limitation attorney fees and other expenses) of defense, or prosecution of any action, is afforded to the Customer. (d) In any event, the Company assumes no liability for loss or damage by reason of the following: (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. (2) Any facts, rights, interests or claims which are not shown by the Public Records but which could be ascertained by an inspection of the 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. (4) Discrepancies, encroachments, shortage in area, conflicts in boundary lines or any other facts which a survey would disclose. (5) (i) Unpatented mining claims; (ii) reservations or exceptions in patents or in Acts authorizing the issuance thereof, (iii) water rights or claims or title to water. (6) Any right, title, interest, estate or easement in land beyond the lines of the area specifically described or referred to in this report, or in abutting streets, roads, avenues, alleys, lanes, ways or waterways. (7) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances or regulations) restricting, regulating, prohibiting or relating to (i) the occupancy, use or enjoyment on the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the Public Records at the effective date hereof. (8) Any governmental police power not excluded by 2(d)(7) above, except to the extent that notice of the exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the Public Records at the effective date hereof. (9) Defects, liens, encumbrances, adverse claims or other matters created, suffered, assumed, agreed to or actually known by the Customer. 3. Report Entire Contract. Any right or action or right of action that the Customer may have or may bring against the Company arising out of the subject matter of this report must be based on the provisions of this report. No provision or condition of this report can be waived or changed except by a writing signed by an authorized officer of the Company. By accepting this form report, the Customer acknowledges and agrees that the Customer has elected to utilize this form of public record report and accepts the limitation of liability of the Company as set forth herein. 4. Charge. The charge for this report does not include supplemental reports, updates or other additional services of the Company. Public Record Report for New Subdivision or Partition Page 5 of 5 (Ver. 20080422) Z.C / CS 20201 p fi 3 � 2 RAN SECTION 2�`-° 2 0 NOR LOCATION PURPOSES ONLY b6 IS ASSU.MLD FOR VARIATIONS.25gaY SURVEY OR COUNTY RECORDS CS-10612CAN TITLE 19 o 5 g p 10 11 9 CS -20666 �) A 'a M1� \ 100 ° \ 0 \¢ \ \ CS -10892 \ 2,50 C \\226 \ "5O \ \CS 2�9Q2 1 CS-2�9 \ CS -79 \ \ ryM1 po \ \ \ 15\ 14 2`700 \ \ 2�Q0 A A \ 3 / ti,s° A 13\ 1 51 0.19 AA\c \ \ 4 / / / ;5° \ 2800 \ 12 10 °900 �f \ \ s� /may ; a \ X900 11 1000 <� ° \ 7 \ \ \ 9 1100 M1'S \ \ \\ \ \ \\16 -134 1 "'' \ \ CS -12404 q\ 2 \ \ C\5-3972 \ 14 3 3s A A \ \ 13 A910 �8". 2000 \ ,°. �»��__ y° 3300 n / 9 CS -1X977 10 0010 1900 \ 1s 10 3600 \ \ b \ Cs-r�191 w 0.38Ac 14 / ,"p \ ' �S-12404 i �G 1700 a °'91 ®7 37Q0 �� \ \ \ 3 2/ a 1800 / s� ®7 4 , 3 90 \ YY ' 7 / sA \ 410,\0 �\S� 8 po("100 3900 FS -14266 4 / 1 \ n °o✓"'� \ \ 9 \ CS -13.333 \ 16/ °5 / 5 �� !` \ \ \ 1 L" 4p00 \ \ \ 15 a. 4260 / / \ 2 a. �j \ \ 14 M1�° CS\7068 \ 1 g 6 16 / 43001,/ 45b0 \ s 10 , \ \ 16 Ss J} 4400 / 11 \ 15 5ti 4800 a / / ? 14 4700 / 13 5000 / \ a 3 2.18 Ac i " First American First American Title Company of Oregon 1225 Crater Lake Ave. Ste 101 ,Medford, OR 97504 Phone: (541)779-7250 / Fas: (866)400-2250 PR: NWEST Final Invoice To: Neathamer Surveying Inc 3126 State ST STE 203 PO BOX 1584 Medford, OR 97501 Attention: Bob Neathamer Your Reference No.: 372W I OAA 3100 RE: Property: 48 S Third Street, Central Point, OR 97502 fin vers: Sellers: Charles Sinvard and Frankie Sinvard Trus Ofc: 7169 (1295 ) Invoice No.: 1295 - 716945952 Date. 08/28/2013 Our File No.: 7169-2145173 Title Officer: Diane T. Davis F,scrow Officer: Customer ID: ORMENE0001 Liability Amounts Owners: Lenders: Description of Charge 1 Invoice Amount Report: Special $250.00 Comments: TPRR INVOICE TOTAL S250.00 Thank you for your business! 7o assure proper credit, please send a cohv ofthic Invoice and Pawnent to: Attention: Accounts Receivable Deparbnent 1225 Crater Lake Are, Ste 101 Jlledlord OR 97504 Printed On: 8/2812013, 2'10I'M Requester: did Page: I