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2021-004968 ~ 12533-12537 SW Main Street Washington County,Oregon 2021-004968 D-DW Stn=4 A STROM 01/13/2021 02:48:12 PM $20.00$11.00$5.00$60.00 $96.00 I,Margaret Garza,Director of Assessment and Taxation and Ex- STATUTORY WARRANTY DEED Officio County Clerk for Washington County,Oregon,do hereby certify that the within instrument of writing was received and recorded in the book of records of said county. Margaret Garza,Director of Assessment Until a change is requested,all tax statements shall be sent to: and Taxation,Ex-Officio County Clerk AVA TIGARD DEVELOPMENT, LLC 4770 SW Hall Blvd OER FM1t(,° TM TO ES A TRUE AND Beaverton,OR 97005 CORRECT r:,,, yin" Or TilE ORIGINAL. FIRSTFIRST�At,. ,.HA.° ' J'� I, TITLE INSURANCE . z After recording return to: , CO . :�` , .:,,i y 1 , Patent AVA TIGARD DEVELOPMENT,LLC 4770 SW Hall Blvd It Or Beaverton,OR 97005 TOWN CENTER DEVELOPMENT AGENCY, a Chapter 457 urban renewal agency of the City of Tigard formerly known as and took title as CITY CENTER DEVELOPMENT AGENCY, an ORS Chapter 457 urban renewal agency("Grantor")hereby conveys and warrants to AVA TIGARD DEVELOPMENT,LLC,an Oregon limited liability company("Grantee")the following described real property,free of encumbrances except as specifically set forth herein: (See legal description attached as Exhibit A incorporated herein by reference) Excepting the matters and documents of record shown on attached Exhibit B incorporated herein by reference. The true consideration for this conveyance is$390,000. "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.THIS INSTRUMENT DOES NOT ALLOW USE OF THE PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE LAWS AND REGULATIONS. 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 DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES,AS DEFINED IN ORS 30.930,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,SECTIONS 2 TO 9 AND 17,CHAPTER 855,OREGON LAWS 2009,AND SECTIONS 2 TO 7,CHAPTER 8,OREGON LAWS 2010." FIRST AMERICAN (JCS— g 22 g t ci-OR t 1 BN38225612_1 DATED: January xi 2021. TOWN CENTER DEVELOPMENT AGENCY,a Chapter 457 urban renewal agency of the City of Tigard formerly known as City Center Development Agency By: '7/ Name: lW. Title: Xh4TWi4 At.0 IS f t? MA-dAl [Acknowledgment] STATE OF OREGON ) 001' OFFICIAL STAMP a LINDA LEIGH GEERTSEN y NOTARY!VOW-OREGON COUNTY OF WASHINGTON ) �� COMMISSION NO.958556 MYCOMMISSION EXPIRES FEBRUARY 21.2021 This Statutory Warranty Deed was acknowledged before on I , 2021,by ViANI NI4rrad , as the i.tk, Ac57,Cill .,- of Town Center Develo ment Agency. .La YS112,4*141 otary Public for Oregon • 2 BN38225612_1 EXHIBIT A LEGAL DESCRIPTION A tract of land located in the Northeast One-Quarter of Section 2,Township 2 South, Range 1 West,Willamette Meridian, City of Tigard,Washington County Oregon and being particularly described as follows: Beginning at the most southerly corner of Lot 15 of the plat"Electric Addition to Tigardville", Washington County Plat Records, also being on the northerly right-of-way line of SW Main Street(38.67 feet from centerline);thence along said northerly right-of-way line, North 43°02'46"West 1.38 feet(40.02 feet from centerline);thence continuing along said northerly right-of-way line along a non-tangent curve to the right with a Radius of 5689.58 feet, a Delta of 0°08'25", a Length of 13.93 feet, and a Chord of South 59°30'17"West 13.93 feet(40.00 feet from centerline);thence continuing along said northerly right-of-way line,South 59°34'29" West 153.53 feet;thence leaving said northerly right-of-way line, North 30°25'31"West 30.04 feet;thence North 11°27'10" East 18.04 feet;thence North 30°25'31"West 32.58 feet;thence North 59°34'29" East 10.92 feet;thence North 30°25'31"West 11.52 feet to the southerly right-of-way line of Pacific Highway(Station 92+30.18, Left 66.01 feet);thence along the southerly right-of-way line of Pacific Highway North 56°51'21" East 99.52 feet(Station 91+31.47, Left 82.24 feet);thence continuing along the southerly right-of-way line of Pacific Highway North 46°42'21" East 76.85 feet to the westerly line of Document Number 2014-11885 (Station 90+54.03, Left 80.59 feet);thence along said westerly line,South 34°37'27"East 65.16 feet to the northerly line of Document Number 2014-26159;thence along said northerly line, South 61°47'33"West 40.11 feet to the westerly line of said Document Number;thence along said westerly line,South 34°37'27" East 51.12 feet to the northerly right-of-way line of SW Main Street(40.00 feet from centerline);thence along said northerly right-of-way line, South 59°34'29" West 21.57 feet;thence continuing along said northerly right-of-way line, North 43°02'46"West 3.76 feet to the Point of Beginning. The above tract of land contains 16,512 square feet, more or less. The basis of bearings is per SN 32417. 3 61138225612_1 EXHIBIT B EXCEPTIONS TO TITLE 1. Easement,including terms and provisions contained therein:Recording Information:July 13,1964 in Book 517,page 282. 2. The terms and provisions contained in the document entitled"Consent Judgment"recorded June 12,2015 as Fee No.2015-046428 of Official Records. 3. An easement for sanitary sewer and incidental purposes,recorded February 12,2018.as 2018-010416 of Official Records. 4. The terms and provisions contained in the document entitled "Replacement Grant of Easement and Equitable Servitudes"recorded July 23,2018 as 2018-050517 of Official Records. 4 BN38225612_1 A►! k/t, -7 First American Title Insurance Company National Commercial Services 200 SW Market Street Suite 250 Portland, Oregon 97201 Judy Robertson Direct Phone Number: (503)790-7882 Escrow Assistant FAX: jrobertson@firstam.com Town Center Development Agency January 13, 2021 13125 SW Hall Blvd File Number: NCS-922819-0R1 Tigard, OR 97232 Re: 12533-12537 SW Main Shelby Rihala In connection with the above referenced transaction, enclosed please find the following: - Seller's Final Settlement Statement - Warranty Deed(certified copy) - Termination of Lease (certified copy) Sincerely, Firs = erican Title' n urance Company J F•obe on -.-crow As istant s First American Tide Insurance Company '� National Commercial Services - P. 200 SW Market Street,Suite 250• Portland, OR 97201 " ' /1/L' Office Phone:(503)795-7600 Office Fax:(866)678-0591 Seller's Final Settlement Statement File No: NCS-922819-0R1 Escrow Officer: Rene Moody/JR Settlement Date: 01/13/2021 Disbursement Date: 01/13/2021 Property: . 12533-12537 Southwest Main Street, Tigard, OR 97223 Buyer: Ava Tigard Development, LLC 4740 SW Hall Blvd, Tigard, OR 97005 Seller: Town Center Development Agency 13125 SW Hall Blvd, Tigard, OR 97232 Description Seller Charge Seller Credit Consideration Total Consideration _ 390,000.00 Prorations _ I I County Taxes R461299 01/13/21 to 07/01/21 Rj$3,899.92/yr 1,805.72 County Taxes R461306 01/13/21 to 07/01/21 @$274.70/yr 12 17 9 Title/Escrow Charges Closing-Escrow Fee to First American Title Insurance Company National Commercial 800.00 Services Municipality Service Fee to First American Title Insurance Company National Commercial 50.00 Services Overnight Delivery Service to First American Title Insurance Company National 25.00 Commercial Services Policy-Standard ALTA 2006 Owner's to First American Title Insurance Company National 1,130.00 Commercial Services Record Easement Agreement to Washington County Recorder 111.00 Disbursements Paid Property Tax Check -Tax Installment:Amount to Washington County Tax Assessor 11.80 Tax Installment:Amount to Washington County Tax Assessor 11.33 Cash(X To)( From)Seller 389,793.78 I - Totals 391,932.91 I 391,932.91 Settlement Statement Page 1 of 2 Print Date:01113/2021,3:50 PM Seller's Final Settlement Statement Settlement Date: 01/13/2021 File No: NCS-922819-0R1 Officer: Rene Moody/JR First American Title Insurance Company National Commercial Services By IL-1,t) Rene Moody Settlement Statement Page 2 of 2 Print Date:01/13/2021,3:50 PM