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Print N,anlc • f?AllyAl" RES/1) * 31)* C22 'PC Tr, t•agthlt,aacriftN I/tic APPLICANTS „1-• tiiNI)111:,11,"4I that the appik-an,tit 6 U die !..'t cix(ariptt,in i t.dttatlitt ti and *1.-A; piVr143,11i 4 4! ;111 diii. 1(.1 iht ( tt S1)(' klirC C.114:411,16,d 011d tiut nal flak ablc pur-ataill lii accalttlaticti. m.it.111 \It thu ma,. th..4 ts•att,' :t I ttatIdatti., i)t.twit if ;.• •anni kitlitar .."\D‘ iravti in t xt, tat 11.1, Vt4.4:it hrann,t,1 I1%, "•• s, rt.t tti-,,,arta cxyl-viittion aiTlicau,,ri saihnuitt,,k1 thy. Hi Itrut 111,1iiiii-1; t that,.; In 1\it 1.24,1044i, lii Iniryrtritt;,, I Irk ,1 ,ar-ali6 '1) ill ,O • SI)C(a tigard-t,r.gov l -I ti i'Jvb $3,876.00 Washington County,Oregon 2021-075463 07/06/2021 09:23:21 AM D-IRUL Cnt=1 Stn=31 RECORDS1 $35.00$5,00$11.00$60.00-Total=$111.00 RETURN TO: City of Tigard I 1111111 I 111 ff11 11111111111 I III Community Development 02776567202100754630070074 I,Joe Nelson,Interim Director of A mont and „�•:aat, 13125 SW Hall Blvd. Taxation and Ex•Officio County Clerk for Washington ,q Tigard,OR 97223 county,Oregon,do hereby certify that the within �f 1.N ;•i;, Instrument of writing was received end recorded in the y.v N book of records of said county. Joe Nelson,interim Director of Assessment and ?,r;. `k Taxation,Ex.O ficio County Clerk • SPACE ABOVE FOR RECORDER'S USE • CITY OF TIGARD COMPLIANCE AGREEMENT,DECLARATION OF RESTRICTIVE COVENANTS AND EQUITABLE SERVITUDE SDC EXEMPTION FOR ACCESSORY DWELLING UNIT THIS COMPLIANCE AGREEMENT, DECLARATION OF RESTRICTIVE COVENANTS AND EQUITABLE SERVITUDE(the"Agreement")is made and entered into this 4th day of March,2021,by and between Klarissa Oh and Graham Reside(the"Grantor") and the City of Tigard (the"City"). PURPOSE The City desires to exempt the construction of an accessory dwelling unit("ADU")located at 11067 SW 79th Ave,Tigard,Oregon,and approved through case File No.ADU2020-00020. (the"Project"),from payment of City of Tigard parks and transportation system development charges("SDCs")pursuant to Tigard Municipal Code. The legal property description of said Project is set forth in Exhibit A,which also is attached hereto and incorporated herein by reference. The SDCs exempted for eligible Project units are shown on Exhibit B. Grantor desires to receive the exemption, to satisfy the conditions thereof, and to execute and record this Agreement for the purpose,in part,of creating restrictive covenants and an equitable servitude that shall run with the Project land and bind any and all subsequent owners of the Project for the term of this Agreement. AGREEMENT SECTION 1. REPRESENTATIONS,COVENANTS AND WARRANTIES OF THE GRANTOR CONCERNING USE OF THE ACCESSORY DWELLING UNIT. Grantor hereby represents, covenants, warrants, and agrees that Grantor will not use the ADU on the Property as a short-term rental,as defined in Tigard Municipal Code 3.24 (as amended July 9,2019), for a period of 10 years (the "Exemption Period") from the date of final approval of final inspection of the building permit ("Exemption Date"). For the purposes of this Agreement, posting a listing of the ADU on the Property on a short-term rental website is prima facie evidence that the property owner has violated this requirement. SECTION 2. COVENANTS TO RUN WITH THE LAND; EQUITABLE SERVITUDE. The Grantor represents,covenants,warrants and agrees that: n. The City is granting the exemption to the Grantor as an inducement to the Grantor to construct and operate the Project in accordance with the terms of this Agreement. In consideration of the receipt of the exemption, the Grantor has entered into this Agreement with the City and has agreed to restrict the use of the Project during the Exemption Period as set forth in this Agreement, SDC EXEMPTION FOR ACCESSORY DWELLING UNIT Page I of 7 b. The representations,covenants,and restrictions granted by Grantor therein with respect to the Project shall be deemed restrictive covenants running with the Project land and also shall be deemed an equitable servitude running with the Project land in favor of and enforceable by City.These restrictive covenants and equitable servitude shall pass to and be binding upon the Grantor's successors in title including any purchaser,grantee, or lessee of any portion of the Project, shall pass to and be binding upon the respective heirs, executors, administrators,devisees, successors,and assigns of the Grantor or any purchaser,grantee,or lessee of any portion of the Project and shall pass to and be binding upon any other person or entity having any right,title, or interest in the Project. Each and every contract,deed,or other instrument hereafter executed covering or conveying the Project or any portion thereof or interest therein shall contain an express provision making such conveyance subject to the covenants,restrictions,and charges contained herein;provided,however,that any such contract, deed, or instrument shall conclusively be held to have been executed, delivered, and accepted subject to such covenants,restrictions and charges regardless of whether or not such covenants, restrictions and charges are set forth or incorporated by reference in such contract,deed,or instrument. SECTION 3. BURDEN AND BENEFIT. The parties hereby declare their understanding and intent that the burdens of the covenants,restrictions,and charges set forth herein touch and concern the Project land and that the Grantor's legal interest in the Project may be rendered less valuable thereby. The parties further declare their understanding and intent that the benefits of such covenants,restrictions,and charges touch and concern the Project land by enhancing and increasing the enjoyment and use of the owners and tenants of the development,the intended beneficiaries of such covenants, restrictions, and charges and by furthering the public purposes for which the exemption is granted. SECTION 4. COMPLIANCE. The Parties hereby agree that Grantor, if requested by the City, will provide certification,in a format approved by the City in its sole discretion,that the Grantor is fulfilling its obligations under this Agreement. SECTION 5. TERM OF AGREEMENT. The parties agree that this Agreement and the restrictive covenants and equitable servitude created hereunder become effective upon execution of this Agreement and will remain in full force and effect for a 10-year Exemption Period. Notwithstanding any other provision of this Agreement,this Agreement will terminate and be of no further force and effect in the event of a completed foreclosure by the primary financing lender or by a lender to whom the City has subordinated this Agreement,or their successors or assigns,or in the event of a delivery by the Grantor of a deed for the Project to the primary financing lender in lieu of foreclosure,or to a lender to whom the City has subordinated this Agreement,or their successors or assigns. SECTION 6. TERMINATION. The City may terminate this Agreement,without further liability,upon 30 days'notice and opportunity to cure. Notwithstanding termination,City may pursue any remedy provided for in Section 7. If the Grantor fails to perform or breaches any of the terms of this Agreement;or immediately and without notice and opportunity to cure if the City loses the authority to grant the exemption,as determined by its counsel or otherwise as lacking, the authority to administer the exemption, or fails to receive or loses necessary funding, appropriations, limitations, or other expenditure or position authority sufficient to carry out the terms of this Agreement. SECTION 7. REMEDIES. If the Grantor defaults in the performance or observance of any covenant, agreement,or obligation set forth in this Agreement and if such default remains uncured for a period of 30 days after the notice thereof shall have been given by the City to the Grantor,then the City,at its option,may take any one or more of the following steps: a. Terminate the exemption of the Project or a portion thereof,in which case the SDC's exempted herein shall be immediately due and payable to City in the amounts shown on Exhibit B,along with interest accruing from the Exemption Date at the rate shown on the City's Master Fees and Charges Schedule for"SDC Financing" calculated semi-annually.City may,in addition to an action to collect SDC's due,withhold issuance of building or development permits until paid in full; SDC EXEMPTION FOR ACCESSORY DWELLING UNIT Page 2 of 7 • 31 b. Take such other action under this Agreement,at law,or in equity as may appear necessary or desirable to the City to enforce the covenants,agreements,warranties,and obligations of the Grantor hereunder. No waiver or delay in enforcing the provisions hereof as to any breach or violation shall impair,damage,or Iwaive the right of any person entitled to enforce the same to obtain relief against or recover for the continuation or repetition of such breach or violation or any similar breach or violation thereof at any later time or times. SECTION S. RECORDING AND FILING. The Grantor shall cause this Agreement and all amendments and supplements hereto to be recorded and filed in the real property records of Washington County and in such other places as the City may reasonably request. The Grantor shall pay all fees and charges incurred in 1 connection with any recording. The Grantor shall provide either the original recorded document or a certified copy of the recorded document within ten days of the date of this Agreement. 1 SECTION 9. GOVERNING LAW; VENUE. This Agreement shall be governed by the laws of the State of Oregon. The courts of the State of Oregon,or to the degree necessary,the U.S.District Court for the District of Oregon,shall have exclusive jurisdiction over any action brought by or against the City under this Agreement. The Grantor hereby consents to such exclusive jurisdiction and waives any and all objections it might have thereto. SECTION 10. AUTHORITY. Grantor hereby represents,warrants,and certifies that: a. It possesses legal authority to apply for and accept the terms and conditions of the exemption and to carry out the proposed Project; b. Its governing body,if any,has duly authorized the filing of the application,including all understandings and assurances contained therein; c. The person identified as the official representative of the Grantor in the application is duly authorized to act in connection therewith and to provide such additional information as may be required. The Grantor's official representative has sufficient authority to make all certifications on its behalf; d. T"his Agreement does not and will not violate any provision of any applicable law,rule, regulation,or order of any court, regulatory commission, board, or administrative agency applicable to the Grantor or any provision of the Grantor's organic laws or documents; E e, This Agreement has been duly executed by an official representative of Grantor,delivered by Grantor,and will constitute the legal,valid,and binding obligations of the Grantor,enforceable in accordance with their terms. SECTION 11. AMENDMENTS. This Agreement may be amended only by a written instrument executed by the parties hereto or by their successors and duly recorded in the real property records of Washington County. SECTION 12. SEVERABILITY. If any provision of this Agreement shall be invalid, illegal, or unenforceable,the validity,legality,and enforceability of the remaining portions hereof shall not in any way be affected or impaired thereby. SECTION 13. CONSTRUCTION. The parties to this Agreement acknowledge that each party and its counsel have participated in the drafting and revision of this Agreement. Accordingly, the parties agree that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply in the interpretation of this Agreement or any amendment,modification, supplement,or restatement of the foregoing or of any exhibit to this Agreement. SDC EXEMPTION FOR ACCESSORY DWELLING UNIT Page 3 of 7 SECTION 14. NO LIMITATIONS ON ACTIONS OF CITY IN EXERCISE OF ITS GOVERNMENTAL POWERS. Nothing in this Agreement is intended,nor shall it be construed, to in any way limit the actions of the City in the exercise of its governmental powers.It is the express intention of the parties hereto that the City shall retain the full right and ability to exercise its governmental powers with respect to the Grantor,the Project,the land,and the transactions contemplated by this Agreement to the same extent as if it were not a party to this Agreement or the transactions contemplated thereby,and in no event shall the City have any liability in contract arising under this Agreement by virtue of any exercise of its governmental powers. IN WITNESS WHEREOF,the parties have caused this Agreement to be executed by their duly authorized representatives as of the day and year first above written. GRANTOR(s); FULL NAME: FULL NAME: Id•` By: +tJt!" `'- liy` ' Signature tgnature �p Name: C�V `1, 1'\1�-iSS oH Name: (9/ 'I l'Wt e5I P S'rATF 01 ) ) ss; County cif W LA.P3 J ) The foregoing instrument was acknowledged before me this 1day of hyriiI ,p2ba I ,by } I-4- vA.j'Ln-1 j2f ie r Notary Public for :State of KZl My commission expires: lb -I 4 * R OFFICIAL STAMP KRISTEN MARLENE JUSTER Ct74 NOTARY I COMMISSION LNO.979681 3 MY COMMISSION EXPIRES OCTOBER 14,2022 { li f SI)C EXEMPTION FOR ACCESSORY DWELLING UNIT Page 4 of 7 ii ,ti CITY OF TIGARD,an Oreeon municipal corporanc. //1_, `t e Rvrner.City Manager C EXEMPTION FOR ACCESSORY DWELLING UNIT EXHIBIT A LEGAL,DESCRIPTION OF THE PRgiEc1' Lot 23,J RI NDLY ACRES.in the City of Tigard.County of Washington and Statc.of()Eqpt'', SDC EXEMPTION FOR ACCESSORY DWELLING UNIT Page 6 of 7 EXHIBIT h, SCHEDULE OF SDCs EXEMP iT "astern. Exemption Amount City Transportation $3,876.00 Parks $5.652 Ceti- $7.347 nn Water NOT ELIGIBLE Sanitary.Sewer NOT ELIGIBLE Stormwater NOT ELIGIBLE County Transportation Development Tax NOT ELIGIBLE Total Exemption $9 00 $11,223.01, This SDC exemption is granted to the units located at the property address(es)listed below: 11067 SW 7900 Avenue,Tigard,OR 9722E SDC EXEMPTION FOR ACCESSORY DWE!a!R'+r m.!h'Ih Page 7or, First American Tide Company of Oregon • •'° 5335 SW Meadows Rd#100 :�� �,._•� First Americans Lake Oswego,OR 97035 Phn- (503)350-5005 Fax- (866)656-1602 Graham Reside January 03, 2017 1706 Lillian Street File No.: 7000-2794913 (JEJ) Nashville,TN 37206 Re: Property: 11065 SW 79th Avenue,Tigard,OR 97223 The closing of the above referenced transaction is now complete. For your records we enclose the following: (Keep these instruments in a safe place as some of them cannot be replaced.) • If applicable,your refund [ x] is enclosed by check; has been [ ] wire transferred [ ] was direct deposited to your account • Final Settlement Statement • Deed Your Deed and Policy of Title Insurance will be forwarded separately. If checks are included in this package,please negotiate as soon as possible. Should you have any questions or need further assistance, please contact the undersigned. First American Title Company of Oregon Jamie Wyland, Assistant for Joyce Jameson, Escrow Officer American Land Title Association ALTA Settlement Statement—Buyer Adopted 05-01-2015 File No.: 7000-2794913 First American Title Company of Oregon Printed: 01/03/2017,2:48 PM Officer/Escrow Officer: Joyce Jameson/JW 5335 SW Meadows Rd#100•Lake Oswego,OR 97035 Settlement Location: Phone:(503)350-5005 Fax:(866)656-1602 ! First American 5335 SW Meadows Rd#100,Lake Oswego, Final Settlement Statement OR 97035 Property Address: 11065 SW 79th Avenue,Tigard,OR 97223 hereby certify that this is a true Buyer: 3635 Exchange LLC as Qualified Intermediary for Graham Reside and correct copyof the original. Seller: Klarissa Oh Lender: FIRST AMERICAN TITLE COMPANY Settlement Date: 01/03/2017 Disbursement Date: 01/03/2017 By r, Buyer Description Debit Credit Financial Sale Price 140,000.00 Deposit: Receipt No.700045873 on 12/31/2016 by 3635 Exchange LLC fbo Graham Reside 173,279.98 Prorations/Adjustments Property Tax R282740 Lot 23 @ 50% 01/03/17 to 07/01/17 @$986.22/yr 483.65 Title Charges& Escrow/Settlement Charges E-recording Fee to First American Title Company of Oregon 5.00 Escrow/Closing Fee to First American Title Company of Oregon 500.00 Government Recording and Transfer Charges Record Warranty Deed-First to Washington County Recorder 46.00 Transfer Tax to Washington County Recorder 70.00 Subtotals 141,104.65 173,279.98 Due To Buyer 32,175.33 Totals 173,279.98 173,279.98 Our wire instructions do not change. If you receive an email or other communication that appears to be from us and contains revised wiring instructions,you should consider it suspect and you must call our office at an independently verified phone number. Do not inquire with the sender. It.. Copyright 2015 American Land Title Association. File$ 7000-2794913 All rights reserved Page 1 of 2 Printed on 01/03/2017 at 2:48 PM i Washington County,Oregon 2017-000288 Stn=28 A STROM 01/0312017 02:00:23 PM tn . $10.00 S11.00$5.00 S140.00$20.00 $186.00 I,Richard Hobernicht,Director of Assessment and Taxation and Ex- / A a1 r,a, THIS SPACE RES oicio County Clerk for Washington County.Oregon,do hereby 6 ? certify that the within Instrument of writing was received and 4 recorded In the book of records of said county. "'`' Richard Hobemicht,Director of Assessment and Taxation,Ex-Officio After recording return to: Graham Reside 1706 Lillian Street Nashville,TN 37206 Until a change is requested all tax statements shall be sent to the following address: Graham Reside 1706 Lillian Street Nashville,TN 37206 File No.: 7000-2794913(3E3) Date: December 29, 2016 STATUTORY WARRANTY DEED Kiarissa Oh, Grantor, conveys and warrants to Graham Reside,as to an undivided 50% Interest and Kiarissa Oh,as to an undivided 50%interest,not as tenants in common but with rights of survivorship, Grantee, the following described real property free of liens and encumbrances, except as specifically set forth herein: LEGAL DESCRIPTION: Real property in the County of Washington, State of Oregon, described as . follows: Lot 23, FRIENDLY ACRES,in the City of Tigard,County of Washington and State of Oregon. Subject to: 1. Covenants, conditions, restrictions and/or easements, if any, affecting title,which may appear in the public record, including those shown on any recorded plat or survey. The true consideration for this conveyance is $140,000.00 paid by an accommodator pursuant to an IRC 1031 exchange. (Here comply With requirements of oRS 93.030) Page 1 of 2 '4 F.k THIS SPACE RESERVED FOR RECORDER'S USE i •r• .mot"'' After recording return to: Graham Reside 1706 Lillian Street Nashville,TN 37206 Until a change is requested all tax statements shall be sent to the following address: Graham Reside 1706 Lillian Street Nashville,TN 37206 File No.: 7000-2794913 (3EJ) Date: December 29, 2016 STATUTORY WARRANTY DEED cNt Klarissa Oh, Grantor, conveys and warrants to Graham Reside, as to an undivided 50% interest and Klarissa Oh,as to an undivided 50%interest, not as tenants in common but with rights of survivorship, Grantee, the following described real property free of liens and encumbrances, except as specifically set forth herein: LEGAL DESCRIPTION: Real property in the County of Washington, State of Oregon, described as F- follows: Lot 23, FRIENDLY ACRES, in the City of Tigard, County of Washington and State of Oregon. Subject to: 1. Covenants, conditions, restrictions and/or easements, if any, affecting title, which may appear in the public record, including those shown on any recorded plat or survey. The true consideration for this conveyance is $140,000.00 paid by an accommodator pursuant to an IRC 1031 exchange. (Here comply with requirements of ORS 93.030) Page 1 of 2 APN: R282740 Statutory Warranty Deed File No.: 7000-2794913(JE7) -continued 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. Dated this ~,' �A day of jt/:Wk.,6-1(:)-1^-1 , 20' . La/1/v Klarissa Oh STATE OF Oregon ) )ss. County of Clackamas This instrument was acknowledged before me on thi- �� da , 20 t by Klarissa Oh. r MIL Nota Public fo oregon Mho u'.•.•n expires: .2 - t' OFFICIAL STAMP JOYCE ELIZABETH JAMESON 7 NOTARY PUBLIC OREGON COMMISSION NO.925452 MY COMMISSION EXPIRES FEBRUARY 25,2016 Page 2 of 2 American Land Title Association ALTA Settlement Statement—Buyer Adopted 05-01-2015 File No.: 7000-2709926 First American Title Company of Oregon Printed: 08/09/2016,12:28 PM Officer/Escrow Officer: Joyce Jameson/JEJ 5335 SW Meadows Rd#100•Lake Oswego,OR 97035 • Settlement Location: Phone:(503)350-5005 Fax:(866)656-1602 FirstAmerican • 5335 SW Meadows Rd#100,Lake Oswego, Estimated Settlement Statement OR 97035 • Property Address: 11065 SW 79th Avenue,Tigard,OR 97223 Lot:23-24 OR 97223 Buyer: Klarissa Oh Seller: Sandra Clark Moxley Lender: Settlement Date: 08/12/2016 Disbursement Date: Buy Description Debit Credit Financial Sale Price 330,000-00 Deposit: Receipt No.700040814 on 08/04/2016 by Klarissa Oh 3,300.00 • Prorations/Adjustments County Taxes 07/01/16 to 08/12/16 @$2,947.16/yr 339.13 Title Charges&Escrow/Settlement Charges E-recording Fee to First American Title Company of Oregon 5.00 Escrow/Closing Fee to First American Title Company of Oregon 565.00 • Government Recordingand Transfer Charges ii Record Warranty Deed-First to Washington County Recorder 46.00 Transfer Tax to Washington County Recorder 165.00 Subtotals Due From Buyer -327,141.87 Totals 330,781.00 330,781.00 Our wire instructions do riot change. If you receive an email or other communication that appears to be from us and contains • revised wiring instructions,you should consider it suspect and you must call our office at an independently verified phone number. Do not inquire with the sender. Acknowledgement We/I have carefully reviewed the Estimated ALTA Settlement Statement and find it to be a true and accurate statement of all • receipts and disbursements to be made on my account or by me In this transaction and further certify that I have received a copy of the Estimated ALTA Settlement Statement.This Estimated Settlement Statement is subject to changes,corrections or additions at the time of final computation of Escrow Settlement Statement.We/I authorize First American Title Company of Oregon to cause the funds to be disbursed in accordance with the Final ALTA Settlement Statement to be provided to me/us at closing. Copyright 2015 American Land Title Association. File#7000-2709926 All rights reserved Page 1 of 2 Printed on 08/09/2016 at 12:28 PM Buyer(s): Klarissa Oh Escrow Officer:Joyce James° Copyright 2015 American Land Title Association. File#7000-2709926 AU rights reserved Page 2 of 2 Printed on 08/09/2016 at 12:28 PM First American Title Company of Oregon t?' L^' f A r 5335 SW Meadows Rd#100 lett. I'� 1`1 Lake Oswego,OR 97035 Phn- (503)350-5005 Fax- (866)656-1602 ESCROW AGREEMENT (SALE) File No: 7000-2709926(3E3) Date: August 02, 2016 Seller: Sandra Clark Moxtey Buyer: Klarissa Oh Property Address: 11065 SW 79th Avenue,Tigard, OR 97223 TRANSACTION INSTRUCTIONS Please read this document carefully. It requires the use of individual arbitration to resolve disputes instead of jury trials or class actions, To: First American Title Company of Oregon, hereinafter"Escrow Agent" Real Property Description: As set forth in Preliminary Title Report issued by First American Title Company of Oregon, Order/File No. 7000-2709926 dated July 22, 2016 a copy of which has been read and approved by Seller and Buyer. Seller deposits with Escrow Agent, pursuant to these instructions, the following: • Fully executed Statutory Warranty Deed • 1099 Input Form or Seller Certification • Affidavit of Existing Construction • � . And authorizes delivery, release, and recording of documents when you hold for the account of the Seller the sum as shown on the attached Estimated Settlement Statement, and, further authorizes credits, deductions and • adjustments as set forth on the attached Estimated Settlement Statement. Certain items shown on the closing statement are estimates only and the final figures may be adjusted to accommodate exact amounts required at the time of disbursement. Buyer deposits with Escrow Agent, pursuant to these instructions, the following: • Funds to close as shown on the Estimated Settlement Statement • Copy of Statutory Warranty Deed which has been read and approved And authorizes delivery, release and recording of documents when you are prepared to: 1. Issue an Owner's Title Insurance Policy (ALTA 2006 ) in standard form in the amount of the sales price, insuring the Grantee on the deed deposited by Seller, which has been read and approved by Buyer, as the owner of that certain real property referenced above, subject to exclusions, conditions and stipulations as contained in the policy and special exceptions #6-7, 9-11 as appear on the Preliminary Title Report referenced above. Page 1 of 7 First American Title Company of Oregon File No.: 7000-2709926(JEJ) Date: August 02, 2016 And, further authorizes a) if Buyer is obtaining a new loan, recording and/or release of any documents required by or on behalf of Lender, including, without limitation, recording prior to the receipt of loan proceeds; b) credits, deductions and adjustments as set forth on the attached Estimated Settlement Statement. Certain items shown on the closing statement are estimates only and the final figures may be adjusted to accommodate exact amounts required at the time of disbursement. AUTHORIZATIONS If your closing occurs between July 1st and date the tax roll is certified by the county, please be advised of the following: Taxes: Closing tax prorations for the current year are to be based upon 2015-2016 taxes, which is accepted by the undersigned as a final proration for the purposes of the escrow closing. The undersigned will not hold First American Title Company of Oregon responsible for any re-proration caused by any increase or decrease of the tax amount due. The Buyer understands that the 1/3 real property taxes will be due and payable by November 15th. Buyer acknowledges that they will need to contact Washington Tax Collector's office to obtain the tax payment information if the tax statement is not received by November 1st, in order to avoid any delinquent charges. Tax Collector's Phone No.: Property Tax Account No: R282740 Prorate: You are to prorate as of the following: Date of recording Fire Insurance: The parties are to secure fire insurance outside of escrow to protect their interest(s) as they may appear. Counterpart: These instructions may be signed in counterpart. Escrow Agent may consider, upon receipt, all duly executed counterparts to be a single instruction. Fax: Escrow Agent is authorized to complete all necessary actions set forth herein upon receipt of a signed facsimile(FAX) of these instructions without receipt of original signed instructions. Electronic Transfer: Escrow Agent may, in its discretion, receive and/or disburse any funds in connection with this agreement by electronic (wire) transfer. If required by any of the parties to utilize this method of transfer, the requesting party agrees to pay any reasonable fee as assessed by Escrow Agent for this service. Deposits: Parties understand and agree that all checks, money orders or drafts will be processed for collection in the normal course of business. Parties further understand that all funds required to close must be payable to First American Title Company of Oregon and must be collected funds, as required by Federal and State or Oregon statutes and regulations prior to the Escrow Agent's disbursement of any sums. Escrow Agent may commingle funds received with escrow funds of others, and may, without limitation, deposit such funds in its custodial or escrow accounts with any reputable trust company, bank, savings bank, savings association or other financial services entity. It is understood that Escrow Agent, except by virtue of separate signed instructions as required by State of Oregon regulation, shall be under no obligation to invest the funds deposited on behalf of any depositor, nor shall it be accountable for any earnings or incidental benefit attributable to the funds which may be received by Escrow Agent while it holds such funds. The undersigned are hereby informed that Escrow Agent deposits all funds into a non-interest bearing account and receives or may receive certain credits and benefits including, without limitation, checks, deposit slips, data processing and account services from or through various financial entities as a result of the banking relationships maintained in the regular course of its escrow and title insurance business. The undersigned hereby waive any and all rights or claims with respect to such credits and benefits received by the Escrow Agent or any affiliates Page 2 of 7 O t First American Title Company of Oregon File No.: 7000-2709926(3D) Date: August 02, 2016 1 thereof. A good faith estimate of the benefits received by Escrow Agent is $32.16 (based on 2001 results) per escrow transaction. This disclosure is made in compliance with Oregon Administrative Rule 863-50-065. Any funds remaining on deposit after closing or refunds received by Escrow Agent will be refunded to the party whose account was charged. No further instructions will be required by any party prior to the disbursement of any such refund by Escrow Agent. i Escrow Agent will charge an accounting fee of $10.00 for each month any funds are held after one (1) month in the event the person(s) entitled to such funds, after reasonable and diligent effort, cannot be found. Escrow Agent may charge a reasonable fee for replacement and/or stale dated checks. Oregon Tax Withholding: When applicable, parties authorize and instruct Escrow Agent to withhold and submit the necessary forms and sums, if any, to the Oregon Department of Revenue pursuant to Chapter 864, Oregon Laws 2007. When this amount Is based upon net proceeds, escrow is to use the final net proceeds as set out in the Final Closing Statement. Copies: The undersigned authorize distribution of these escrow instructions and/or estimated or final closing statements prepared on my behalf to any designee, real estate broker/agent or lender identified in this transaction. Closing: Closing Is defined, for purposes of this agreement, as the time of the recording of all documents as required by the parties herein. Escrow Agent shall be entitled to payment of all fees charged for services provided at the time of closing. Any funds held for satisfaction/release of liens and encumbrances or to meet other conditions of this escrow may be transferred from this escrow account to an appropriate department or escrow for subsequent processing. Escrow Agent is authorized to request, on behalf of Borrower, reconveyances of any trust deeds that are paid In accordance with these instructions and to utilize the provisions of ORS 86.720 et seq in order to release the lien of record, if necessary. AGREEMENTS Dispute Resolution: Please read this arbitration provision carefully. It requires the resolution of disputes by arbitration on an individual basis rather than by jury trials or class actions. (a) The parties acknowledge that they are entering into this arbitration agreement in connection with escrow '1. services related to a real estate transaction. The parties agree that all disputes and claims involving Escrow i Agent that arise out of or relate to the escrow services or related real estate transaction in any way , must be resolved by arbitration. This arbitration agreement is intended to be broadly interpreted, and the obligation to arbitrate includes disputes or claims brought by or against the parties' respective affiliates, owners, agents, employees, representatives, predecessors, successors, assigns, and any beneficiaries of the escrow services, such as those with an interest in the underlying real estate transaction or who are or intend to be occupants, tenants, or owners of the property. Notwithstanding the foregoing, any party may bring an individual action In small claims court. Any dispute as to the arbitrability of claims or the scope or enforceability of this arbitration provision, or as to the interpretation of paragraph (d) below, is for the court to decide. The services provided by Escrow Agent evidence a transaction in interstate commerce, and thus the Federal Arbitration Act governs the interpretation and enforcement of this provision. This arbitration provision shall survive termination of the Escrow. (b) Arbitration Procedures. The arbitrator shall be bound by the terms of this arbitration provision. The arbitration will be governed by the Commercial Arbitration Rules or, where applicable, the Consumer Arbitration Rules (collectively, "AAA Rules") of the American Arbitration Association ("AAA"), as modified by this arbitration provision. The AAA Rules are available online at www.adr.org or by calling the AAA at 1-800-778-7879. The AAA shall administer the arbitration. If the AAA is unavailable, the arbitration will be administered by another Page 3 of 7 I ,n First American Title Company of Oregon File No.: 7000-2709926 (JEJ) Date: August 02, 2016 arbitration provider that the parties agree to or that the court selects. Arbitrators may consider but shall not be bound by rulings in prior arbitrations involving different customers. Arbitrators shall be bound by rulings in prior arbitrations involving the same customer to the extent required by applicable law. Unless the parties agree otherwise, any in-person arbitration hearings shall be in the county in which the underlying real estate at issue in the transaction is located, (c) Arbitration Costs. The Escrow Agent will pay all AAA filing, administrative, and arbitrator fees for any arbitration that the Escrow Agent commences. If another party commences arbitration and the value of that claim is $75,000 or less (to either party),the Escrow Agent will pay all AAA fees. If, however, the arbitrator finds that the substance of such a claim or the relief sought is frivolous or brought for an improper purpose (as measured by the standards in Federal Rule of Civil Procedure 11(b)), then the payment of all AAA fees shall be governed by the AAA Rules. (d) Prohibition of Class or Representative Actions and Non-Individualized Relief. UNDER THIS AGREEMENT, ANY CLAIM MUST BE BROUGHT ONLY IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS A PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY PURPORTED CLASS, REPRESENTATIVE, OR PRIVATE ATTORNEY GENERAL PROCEEDING. Further, unless all parties agree otherwise, the arbitrator may not consolidate more than one person's claims, and may not otherwise preside over any form of a class, representative, or private attorney general proceeding. The arbitrator may award any relief that a court could award, so long as the relief is individualized to the claimant and would not affect other persons. No party may seek non-individualized relief that would affect persons other than the parties themselves. If a court decides that applicable law precludes enforcement of any of this paragraph's limitations as to a particular claim for relief, then that claim (and only that claim) must be severed from the arbitration and may be brought in court. Interpleader: Notwithstanding the preceding section, Escrow Agent shall have the option of interpleading funds in the Circuit Court of Oregon, including the Small Claims Division of same, as may be appropriate, in the event of a dispute regarding the disposition of any funds held by Escrow Agent, where the substance of the underlying dispute involves competing claims to the funds held in escrow. Limited Power of Attorney: The undersigned hereby grant Escrow Agent Limited Power of Attorney to correct and initial all typographical or clerical errors discovered in any or all of the closing documentation required to be executed by any of the parties hereto. In the event Escrow Agent exercises this Limited power of Attorney, a copy of the document(s) corrected and/or initialed will be sent to the affected party. EXCLUSIONS COMPLIANCE WITH VARIOUS LAWS OR STATUTES: Escrow Agent has no liability or responsibility with respect to any matters connected with the following (unless expressly authorized herein or by separate written instructions acknowledged by Escrow Agent); 1. Compliance with the requirements of the Consumer Credit Protection Act or Interstate Land Sales Act, or similar laws; 2. Compliance with the requirements of the Oregon Revised Statutes 537.330 (relating to water rights), 537.788 (relating to well information), 448.271 (relating to well testing)and any similar laws; 3. Compliance with Oregon Laws 2001 Chapter 311 (relating to cautionary notice or other information as applicable regarding potential construction liens); 4. Compliance with the obligation to disclose the existence of lead based paint as required by federal regulation 24 CFR Part 35 and 40 CFR Part 35 et seq and any other related statute or regulation' 5. Compliance with collection, withholding, reporting or payment of any amounts due under Section 1445 and 6039C of the Internal Revenue Code, as amended, regulations adopted thereunder, and any other related statute or regulation (Foreign Investment in Real Property Tax Act, commonly referred to as FIRPTA). Notwithstanding the fact Escrow Agent assumes no liability or responsibility to the parties for Page 4 of 7 • First American Title Company of Oregon File No.: 7000-2709926 (JD) Date: August 02, 2016 compliance with FIRPTA, Escrow Agent reserves the right to take any action required by such law and/or regulation without further instructions of the parties. REPRESENTATIONS Compliance with Earnest Money Agreement: All terms and provisions of the earnest money agreement, amendments or addenda thereto, have been complied with to the satisfaction of the undersigned or will be completed outside of this escrow. Escrow Agent is not responsible for any matters except as set forth in this agreement. Utilities: The undersigned acknowledge that water, sewer, waste collection, electricity, and other utility charges and inventory for fuel, including any final billings will be adjusted outside this escrow by the respective parties and Escrow Agent shall have no obligation or responsibility for such adjustment. Compliance with Escrow Agreement: The undersigned acknowledge that they have and shall have a continuing obligation to cooperate with Escrow Agent in good faith to enable Escrow Agent to fulfill its responsibilities under this agreement. Such obligations shall survive the closing of the transaction described herein and shall include, without limitation, the obligation to; a) disclose to Escrow Agent any liens, encumbrances or any other rights, claims or matters known to the parties which affect or relate to the property and transaction referred to in this agreement; b) return to Escrow Agent for proper disposition any funds, documents or other property which are, for any reason, improperly or mistakenly released to any persons; c) pay any charges, advances or expenses that are properly chargeable to the parties; and d) to proceed pursuant to the provisions of ORS 86.720 to take those steps necessary to secure an appropriate deed of reconveyance of any trust deed which has been paid and fully satisfied. Practice of Law/Advice: The undersigned acknowledge that Escrow Agent is not licensed to practice law and that Escrow Agent's duties and obligations under this agreement are limited to those of an escrow holder. The undersigned have not been referred to any named attorney(s) or discouraged from seeking the advice of an attorney but have been requested to seek legal counsel of their own choosing, at their own expense, if they have any doubts or questions concerning any aspect of this transaction. Other Obligations: The undersigned acknowledge that, to the extent other obligations exist between them as a result of this transaction that are not specifically set forth herein, they are individually responsible for the execution thereof and Escrow Agent Is not obligated for matters except as specifically set forth in this agreement. Review: The undersigned acknowledge that they have been afforded adequate time and opportunity to read and understand the escrow instructions and all other documents referred to herein. SPECIAL INSTRUCTIONS PLEASE READ THE PRELIMINARY TITLE REPORT AND YOUR CLOSING STATEMENT CAREFULLY BEFORE SIGNING THIS DOCUMENT. BE SURE THAT ALL FACTS KNOWN TO YOU ARE ACCOUNTED FOR IN THIS ESCROW. THE ESCROW AGENT HEREIN IS A NEUTRAL THIRD PARTY AND CANNOT ADVISE YOU OR PROTECT YOUR LEGAL RIGHTS. YOU SHOULD CONSULT LEGAL COUNSEL FOR SUCH ADVICE AND PROTECTION. The undersigned has read the Preliminary Title Report and Estimated Closing Statement attached to the original Escrow Instructions, as well as the Escrow Instructions in this escrow, and any Amendments thereto. Page 5 of 7 First American Title Company of Oregon File No.: 7000-2709926 (]E]) Date: August 02, 2016 ' The undersigned represents to First American Title Company of Oregon and its underwriter, that there are no existing liens, assessments, taxes, deferred taxes, unpaid water or sewer bills, or any other obligations which are the responsibility of the undersigned and which are not shown on the above documents. The undersigned understands and agrees that any obligation known to it and not disclosed herein, remains the responsibility of the undersigned subsequent to the closing of this escrow. The undersigned further understands and agrees that any payoffs made on its behalf in this escrow are made by First American Title Company of Oregon and its underwriter with complete reliance on figures supplied by the lender, creditor or taxing agency. Such figures may not be accurate. In the event that additional funds are required to complete said payoffs, the undersigned hereby agrees that it will immediately, upon request by First American Title Company of Oregon and its underwriter, provide the additional funds needed to complete said payoffs. THE PARTIES ACKNOWLEDGE THAT BY THE APPROVAL OF THE ESTIMATED CLOSING STATEMENT REFERRED TO BY THESE INSTRUCTIONS, THEY HAVE AGREED AS TO THE ALLOCATION OF COSTS ASSOCIATED WITH THE TITLE PREMIUMS REQUIRED, IF ANY, FOR THE PROTECTION REQUIRED FOR THE PURCHASER IN COMPLIANCE WITH HOMEBUYER PROTECTION ACT. Notwithstanding reference, if any, in applicable purchase and sale agreements regarding transfer of water rights, the parties acknowledge that Escrow Agent will not be responsible for any such transfer and that the parties are solely responsible for such transfer outside this escrow. YOU ARE REVIEWING, APPROVING AND SIGNING IMPORTANT DOCUMENTS. LEGAL CONSEQUENCES FOLLOW FROM THE SELECTION AND USE OF THESE DOCUMENTS. THESE CONSEQUENCES AFFECT YOUR RIGHTS AND OBLIGATIONS. YOU MAY CONSULT AN ATTORNEY ABOUT THESE DOCUMENTS. YOU SHOULD CONSULT AN ATTORNEY IF YOU HAVE QUESTIONS OR CONCERNS ABOUT THE TRANSACTION OR. ABOUT THE DOCUMENTS. IF YOU WISH TO REVIEW TRANSACTION DOCUMENTS THAT YOU HAVE NOT YET SEEN, PLEASE CONTACT THE ESCROW i AGENT. ' IT IS UNDERSTOOD BY THE PARTIES SIGNING THE ABOVE ESCROW INSTRUCTIONS OR THOSE ESCROW INSTRUCTIONS WHICH ARE ATTACHED HERETO THAT SUCH INSTRUCTIONS CONSTITUTE THE WHOLE AGREEMENT BETWEEN THIS FIRM AS AN ESCROW AGENT AND YOU AS A PRINCIPAL • TO THE ESCROW TRANSACTION. THESE INSTRUCTIONS MAY NOT INCLUDE ALL THE TERMS OF THE AGREEMENT WHICH IS THE SUBJECT OF THIS ESCROW. READ THESE INSTRUCTIONS CAREFULLY AND DO NOT SIGN THEM UNLESS THEY ARE ACCEPTABLE TO YOU. • �Dated: '3` ( (- I: SELLER(S): Sandra Clark Moxley Seller's Forwarding Address: , Home Phone: BUYER(S): Klarissa Oh Page 6 of 7 01. First American Title Company of Oregon File No.: 7000-2709926 (JD) Date: August 02, 2016 1 Buyer's Forwarding Address: 11065 SW 79th Avenue,Tigard, OR 97223 Home Phone: Accepted this`V da `" 'y of � ` , 20 (-() First American Title Company of Oreg'y I By: \ i i i 1 Page 7 of 7 . .•, First American Title Company of Oregon •� 121 SW Morrison Street,Suite 300 First American Portland,OR 97204 Phn-(503)222-3651 (800)929-3651 Fax-(877)242-3513 ILADAND „, A�,r oval Order No.: 7000-2709926 August 04, 2016 FOR QUESTIONS REGARDING YOUR CLOSING, PLEASE CONTACT: JOYCE JAMESON, Escrow Officer/Closer Phone: (503)350-5005- Fax: (866)656-1602- Email:jjameson@firstam.com First American Title Company of Oregon 5335 SW Meadows Rd #100, Lake Oswego, OR 97035 FOR ALL QUESTIONS REGARDING THIS PRELIMINARY REPORT, PLEASE CONTACT: Sarah Walters,Title Officer Toll Free: (800)929-3651 - Direct: (503)790-7857 Email: sawalters@firstam.com Preliminary Title Report County Tax Roll Situs Address: 11065 SW 79th Avenue,Tigard, OR 97223 2006 ALTA Owners Standard Coverage Liability $ 330,000.00 Premium $ 1,010,00 2006 ALTA Owners Extended Coverage Liability $ Premium $ 2006 ALTA Lenders Standard Coverage Liability $ Premium $ 2006 ALTA Lenders Extended Coverage Liability $ Premium $ Endorsement 9,22&8.1 Premium $ Govt Service Charge Cost $ 25.00 City Lien/Service District Search Cost $ Other Cost $ We are prepared to issue Title Insurance Policy or Policies of First American Title Insurance Company, a Nebraska Corporation in the form and amount shown above, insuring title to the following described land: Lots 23 and 24, FRIENDLY ACRES, in the City of Tigard, County of Washington and State of Oregon. and as of July 22, 2016 at 8:00 a.m., title to the fee simple estate is vested In: Sandra Clark Moxley Subject to the exceptions, exclusions, and stipulations which are ordinarily part of such Policy form and 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; 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. This report is for the exclusive use of the parties herein shown and is preliminary to the Issuance of a title insurance policy and shall become void unless a policy is issued,and the full premium paid. Preliminary Report Order No.:7000-2709926 Page 2 of 6 2. 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, 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 encroachment(of existing improvements located on the subject land onto adjoining land or of existing improvements located on adjoining land onto the subject land), encumbrance, violation, variation, or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the subject land. 5. Any lien, or right to a lien, for services, labor, material, equipment rental or workers compensation heretofore or hereafter furnished, imposed by law and not shown by the public records. The exceptions to coverage 1-5 indusive as set forth above will remain on any subsequently issued Standard Coverage Title Insurance Policy. In order to remove these exceptions to coverage in the issuance of an Extended Coverage Policy the following items are required to be furnished to the Company; additional exceptions to coverage may be added upon review of such information: I.. A. Survey or alternative acceptable to the company B. Affidavit regarding possession C. Proof that there is no new construction or remodeling of any improvement located on the premises. In the event of new construction or remodeling the following is required: i. Satisfactory evidence that no construction liens will be filed; or ii. Adequate security to protect against actual or potential construction liens; iii. Payment of additional premiums as required by the Industry Rate Filing approved by the Insurance Division of the State of Oregon Water rights, claims to water or title to water, whether or not such rights are a matter of public 6. c record. / 7. Taxes for the fiscal year 2016-2017 a lien due, but not yet payable. • /8. City liens, if any, of the City of Tigard. Note: There are no liens as of August 03, 2016. All outstanding utility and user fees are not liens and therefore are excluded from coverage. 9. These premises are within the boundaries of the Tualatin Valley Water District and are subject to -, the levies and assessments thereof. 40. Statutory powers and assessments of Clean Water Services. Fist American Title Li Preliminary Report Order No.:7000-2709926 Page 3 of 6 11. Covenants, conditions, restrictions and/or easements; but deleting any covenant, condition or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, family status, or national origin to the extent such covenants, conditions or restrictions violate Title 42, Section 3604(c), of the United States Codes: • Recording Information: June 10, 1952 as Book 333, Page 441 1 Proof of death/or Dissolution of Marriage of Marjorie E. Moxley, former spouse of Earl E. Moxley, former vestee. - END OF EXCEPTIONS - NOTE: Taxes for the year 2015-2016 PAID IN FULL Tax Amount: $2,947.16 Map No.: 15136CA-02500 Property ID: R282740 Tax Code No.: 023.81 NOTE: According to the public record, the following deed(s) affecting the property herein described have been recorded within 24 months of the effective date of this report: Deed of Personal Representative recorded March 21, 2016 as Fee No. 2016 021063, Kathryn Ann Simonson, the duly- appointed, qualified and acting personal representative of the Estate of Earl Edward Moxley, deceased, to Sandra Clark Moxley. Deed of Personal Representative recorded June 20, 2016 as Fee No. 2016 047298, Kathryn Ann Simonson, the duly-appointed, qualified and acting personal representative of the Estate of Earl Edward Moxley, deceased, to Sandra Clark Moxley. Warranty Deed recorded June 20, 2016 as Fee No. 2016 047299, Sandra Clark Moxley to Sandra Clark Moxley. I Warranty Deed recorded June 20, 2016 as Fee No. 2016 047300, Sandra Clark Moxley to Sandra Clark Moxley. NOTE: Washington County Ordinance No. 267, filed August 5, 1982 in Washington County, Oregon, imposes a tax of $1.00 per $1,000.00 or fraction thereof on the transfer of real property located within Washington County. Certain conveyances may be exempt from said ordinance, in which case, Washington County will require a correct and timely filing of an Affidavit of Exemption. For all deeds/conveyance documents which are recorded (including situations to meet lender requirements) either the transfer tax must be paid or affidavit acceptable to the County must be filed. THANK YOU FOR CHOOSING FIRST AMERICAN TITLE! WE KNOW YOU HAVE A CHOICE! First American Title tlNIINNN#N#!{ditNYft#Ik+Ike+lNii{i+!!t1{Ff{4FJNt#ldWNlii{tll1E}k6ipf{Ai/+ki84N{Ak�filitNl#kklii{4Ydlhill}H##H{4kNdNtHit1+<NNiitibi{ANNlSN111id{iN�itkiili{1(ikSN+NidkN{.b.Hsfaf3Msiik+NkN{iiNiikti+#dF4ik If+ik+)klkl{+kl sYt sFllWkl#kF aAk#Nt}is Wlkfki!{iJeBkNbNLfkdJFNiN#+#lilifNNFk{#4{a#k#IpAN#i+ iHaaeF.:.- Preliminary Report Order No.:7000-2709926 Page 4 of 6 RECORDING INFORMATION Filing Address: Washington County • 155 North 1st Avenue Hillsboro, OR 97124-3087 Recording Fees: $41.00 First Page (Comprised of: $ 5.00 per page $ 5.00 per document- Public Land Corner Preservation Fund $11.00 per document - Ot1S Assessment&Taxation Fee $20.00 per document- Oregon Housing Alliance Fee) $ 5.00 E-Recording fee per document $ 5.00 for each additional page $ 5.00 for each additional document title, if applicable $20.00 Non-Standard Document fee,if applicable • I • FirstAmerican Title Preliminary Report Order No.;7000-2709926 Page 5 of 6 `was xusgjn First American Title Insurance Company • SCHEDULE OF EXCLUSIONS FROM COVERAGE ALTA LOAN POLICY(06/17/06) • The following matters are expressly excluded from the coverage of this policy,and the Company will not pay loss or damage,costs, attorneys' fees,or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (Including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (I) the occupancy,use,or enjoyment of the Land; (ii) the character,dimensions,or location of any improvement erected on the Land; • (ill) the subdivision of land;or (iv) environmental protection; or the effect of any violation of these laws, ordinances,or governmental regulations.This Exclusion 1(a)does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power.This Exclusion 1(b)does not modify or limit the coverage provided under Covered Risk 6. 2, Rights of eminent domain,This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects,liens,encumbrances,adverse claims,or other matters (a) created,suffered,assumed,or agreed to by the Insured Claimant; (b) not Known to the Company,not recorded in the Public Records at Date of Policy,but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy(however,this does not modify or limit the coverage provided under Covered Risk 11,13,or 14); or (e) resulting in loss or damage that would not have been sustained If the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or Failure of an Insured to comply with applicable doing-business laws of the state where the Land is situated. 5, Invalidity or unenforceablllty In whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth-in-lending law. 6. Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights laws,that the transaction creating the lien of the Insured Mortgage,is (a) a fraudulent conveyance or fraudulent transfer,or (b) a preferential transfer for any reason not stated in Covered Risk 13(b)of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage In the Public Records.This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). ALTA OWNER'S POLICY(06/17/06) The following matters are expressly exduded from the coverage of this policy,and the Company will not pay loss or damage,costs, attorneys'fees,or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (Including those relating to building and zoning) restricting, regulating, prohibiting,or relating to (I) the occupancy,use,or enjoyment of the Land; (II)the character,dimensions,or location of any improvement erected on the Land; (iii) the subdivision of land;or (iv) environmental protection; or the effect of any violation of these laws,ordinances,or governmental regulations.This Exclusion 1(a)does not modify or limit the coverage provided under Covered Risk 5. I' (b) Any governmental police power,This Exclusion 1(b)does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain.This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8, 3. Defects,liens,encumbrances,adverse claims,or other matters (a) created,suffered,assumed,or agreed to by the Insured Claimant; (b) not Known to the Company,not recorded in the Public Records at Date of Policy,but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy(however,this does not modify or limit the coverage provided under Covered Risks 9 and 10);or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the'Title. 4. Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights laws,that the transaction vesting the Title as shown in Schedule A,is (a) a fraudulent conveyance or fraudulent transfer;or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown In Schedule A. SCHEDULE OF 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 records;proceedings by a public agency which may result in taxes or assessments,or notices of such proceedings,whether or riot shown by the records of such agency or by the public records. 2. 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,or claims of easement,not shown by the pubic records;reservations or exceptions In patents or in Acts authorizing the Issuance thereof; water rights,claims or title to water, 4. Any encroachment(of existing improvements located on the subject land onto adjoining land or of existing Improvements located on adjoining land onto the subject land),encumbrance,violation,variation,or adverse circumstance affecting the title that would be disclosed by an accurate and complete land survey of the subject land. 5. Any lien"or right to a lien,for services,tabor,material,equipment rental or workers compensation heretofore or hereafter furnished,imposed by law and not shown by the public records. NOTE: A SPECIMEN COPY OF THE POLICY FORM(OR FORMS)WILL BE FURNISHED UPON REQUEST Tl 149 Rev.7-22-08 First American Tide Preliminary Report Order No.:7000-2709926 Page 6 of 6 ;;11111F118#-' First American Trtle Privacy Information We Are Committed to Safeguarding Customer Information In order to better serve your needs now and In the future,we may ask you to provide us with certain information.We understand that you may be concerned about what we will do with such information-particularly any personal or financial information.We agree that you have a right to know how we will utilize the personal information you provide to us.Therefore,together with our subsidlarres we have adopted this Privacy Policy to govern the use and handling of your personal information. Applicability This Privacy Policy governs our use of the hformation that you provide to us.It does not govern the manner in which we may use information we have obtained from any other source,such as information obtained from a public record or from another person or entity.First American has also adopted broader guidelines that govern our use of personal information regardless of Its source. First American calls these guidelines its Fair Information Values. Types of Information Depending upon which of our services you are utilizing,the types of nonpublic personal Information that we may collect include: • Information we receive from you on applications,forms and in other communications to us,whether In writing,In person,by telephone or any other means; • Information about your transactions with us,our affiliated companies,or others;and • Information we receive from a consumer reporting agency. Use of Information We request information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party.Therefore,we will not release your information to noruaffi4ated parties except:(1)as necessary for us to provide the product or service you have requested of us;or(2)as permitted by law.We may,however,store such Information indefinitely,including the period after which any customer relationship has ceased.Such information may be used for any internal purpose,such as quality control effort or customer analysis.We may also provide at of the types of nonpublic personal information listed above to one or more of our affiliated companies.Such affiliated companies Include financial service providers,such as title insurers,property and casualty Insurers,and bust and investment advisory companies,or companies Involved in real estate services,such as appraisal companies,home warranty companies and escrow companies.Furthermore, 1 we may also provide all the Information we collect,as described above,to companies that perform marketing services on our behalf,on behalf of our affiliated companies or to other financial Institutions with whom we or our affiliated companies have Joint marketing agreements. Former Customers Even If you are no longer our customer,our Privacy Policy will continue to apply to you. Confidentiality and Security We wilt use our best efforts to ensure that no unauthorized parties have access to any of your information.We restrict access to nonpublic personal information about you to those Individuals and entities who need to know that information to provide products or services to you.We will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy and Fist American's Fair Information Values.We currently maintain physical,electronic,and procedural safeguards that comply with federal regulations to guard your nonpublic personal Information. Information Obtained Through Our Web Site First American Flnandel Corporation is sensitive to privacy Issues on tine Internet.We believe it is Important you know how we treat the information about you we receive on the Internet. In general,you can visit First American or its affiliates'Web sites on the World Wile Web without telling us who you are or reveling any information about yourself.Our Web servers collect the domain names,not the e-mail addresses,of visitors.This information is aggregated to measure the number of visits,average time spent on the site,pages viewed and similar information.First American uses this Information to measure the use of our site and to develop Ideas to Improve the content of our site. There are times,however,when we may need information from you,such as your name and email address.When information is needed,we will use our best efforts to let you know at the time of collection how we wit use the personal information.Usually,the personal information we collect Is used only by us to respond to your nquiry,process an order or allow you to access specific account/profle information.If you choose to share any personal Information with us,we will only use It in accordance with the policies outlined above. Business Relationships First American Financial Corporation's site and Its affiliates'sites may contain links to other Web sites.While we try to link only to sites that share our high standards and respect for privacy,we are not responsible for the content or the privacy practices employed by other sites. Cookies Some of First American's Web sites may make use of"cookie"technology to measure site activity and to customize information to your personal tastes.A cookie Is an element of data that a Web site can send to your browser,which may then store the cookie on your hard drive. OrstAjn.corn uses stored cookies.The goal of this technology Is to better serve you when visiting our site,save you time when you are here and to provide you with a more meaningful and productive Web slte experience. Fair Information Values Fairness We consider consumer expectations about their privacy in all our businesses.We only offer products and services that assure a favorable balance between consumer benefits and consumer privacy. Public Record we believe that an open public record creates significant value for society,enhances consumer choice and creates consumer opportunity.We actively support an open public record and emphasize Its Importance and contribution to our economy. Use We believe we should behave resc,u+oibly when we use Information about a consumer In our business.We will obey the laws governing the collection,use and dissemination of data. Accuracy We will take reasonable steps to help assure the accuracy of the data we collect,use and disseminate.Where possible,we wit take reasonable steps to correct inaccurate Information. When,as with the public record,we cannot correct inaccurate Information,we will take all reasonable steps to assist consumers In identifying the source of the erroneous data so that the consumer can secure the required corrections. Education We endeavor to educate the users or our product and services,our employees and others in our industry about the importance of consumer privacy.We will instinct our employees on our fair information values and on the responsible collection and use of data.We will encourage others in our industry to collect and use information in a responsible manner. Security We wit maintain appropriate facilities and systems to protect against unauthorized access to and corruption of the data we maintain. Form 50-PRIVACY(9/1/10) Page 1 of 1 Privacy Information(2001-2010 First American Financial Corporation) First American Title .. • W :!) o 06 rr - rii.. wit MO" - q R=35' I VAI 4700 • 2300 0.. 26 0 50' 18136CB to ""... 135.37 84Da 4 tw ? 30 - o '�it9 135.37 d • C) 114.29 ''�. 1 l n 4604 oditZ c. 2 "r - � 2400 o .t n 25 r, Ili t1~---- "_ CO ess00 GB - 135.37 d.''"R=15' 29 �•' �f -14.40 < o 720.78 135.37 le 4500 tk a h 3 8 1 S13SCB - 0 Ili 2500 to123- c; 8600 24 14-, Ph. 28 71. 135.87 f: V .f Y Q 120.63 1~53 7 a n fl". .. r 4400 ;I . Q h 4 8 1 S13E�G8 1 I o 0 8700 _" 23 h 3 o 27 4 735.37 5 12 0.48 41 135.37 .4. $mi 4300 0 ISiS6CB s a 2700 Q 5 h 882$ • 22 N O il l ilq 07 This map/plat Is being furnished as an aid In locating the herein described land in relation to ♦°y AMR R i e adjoining streets,natural boundaries and other land,and Is not a survey of the land depicted. Except to the extent a policy of title Insurance is expressly modified by endorsement,If any,the 7; First company does not Insure dimensions,distances,location of easements,acreage or other matters stAmerican Title shown thereon. kelie geoAdvantage .4‘ ws A M r.+4 r r THIS SPACE RESERVED FOR RECORDER'S USE r � IYu�x• After recording return to: Klarissa Oh RFgOgN 11065 SW 79th Avenue 04 Tigard, OR 97223 ?O4.O Until a change is requested all tax statements shall be sent to the following address: Klarissa Oh 11065 SW 79th Avenue Tigard, OR 97223 File No.: 7000-2709926 0E3) Date: August 02, 2016 STATUTORY WARRANTY DEED Sandra Clark Moxley, Grantor, conveys and warrants to Klarissa Oh , Grantee, the following described real property free of liens and encumbrances, except as specifically set forth herein: • LEGAL DESCRIPTION: Real property in the County of Washington, State of Oregon, described as follows: Lots 23 and 24, FRIENDLY ACRES, in the City of Tigard,County of Washington and State of Oregon. Subject to: 1. The 2016-17 Taxes, a lien not yet payable. 2. Covenants, conditions, restrictions and/or easements, if any, affecting title, which may appear in the public record, including those shown on any recorded plat or survey. The true consideration for this conveyance is $330,000.00. (Here comply with requirements of ORS 93,030) Page 1 of 2 1. I" APN:R282740 Statutory Warranty Deed File No.:7000-2709926(JEJ) -continued 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 PR TY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VE THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCEL, DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, T 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. Dated this day of , 20 • • Sandra Clark Moxley STATE OF Oregon ) )ss. County of Yamhill ) This instrument was acknowledged before me on this day of , 20 by Sandra Clark Moxley. is Notary Public for Oregon My commission expires: .. Page 2 of 2 •