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2000-045896 ~ Walnut Street ~ 132nd Avenue i Fidelity National Title RECEIVED INSURANCE COMPANY JAN 2 2 2001 0 BY: City of Tigard Date: January 19, 2001 Attn: Vannie Nguyen Order No.: 01-1 1 0839-28 13125 SW Hall Blvd. Tigard, OR 97223 We appreciate the opportunity of being of service to you. Fidelity National Title Company of Oregon 401 SW Fourth Avenue Portland, OR 97204 (503) 223-8338 .t Owner's Policy of Title Insurance Fidelity National Title Insurance Company Policy Number A Stock Company 2731-92® 15 31 18 OWNER'S POLICY OF TITLE INSURANCE SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, FIDEL17T NATIONAL TITLE INSURANCE COMPANY, a California corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of L Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land; The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but onlY to the extent provided in the Conditions and Stipulations. IN WITNESS WHEREOF, FIDELITY NATIONAL TITLE INSURANCE COMPANY has caused this policy to be signed and sealed by its duly authorized officers as of Date of Policy shown in Schedule A. Fidelity National Title Insurance Company BY P r~ SEAL ; ATTEST President ` 1 Y 1 `d.e f _ 1 Secretary Countersigned: Authorized Si ture ALTA Owner's Policy (10-17-92) FNTIC Form No. 27-031-92 (1-4-93) EXCLUSIONS FROM COVERAGE 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 which arise by reason of: 1. (a) 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 of 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 Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a 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 Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 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 r.-corded 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; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. 4. Any claim which arises out of the transaction vesting in the Insured the estate or interest insured by this policy, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights law, that is based on: (i) the transaction creating the estate or interest insured by this policy being deemed a fraudulent conveyance or fraudulent transfer, or (ii) the transaction creating the estate or interest insured by this policy being deemed a preferential transfer except where the preferential transfer results from the failure: (a) to timely record the instrument of transfer, or (b) of such recordation to impart notice to a purchaser for value or a judgment or lien creditor. CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS reasonable cause) to represent the insured as to those stated causes of action and The following terms when used in this policy mean: shall not be liable for and will not pay the fees of any other counsel. The Company (a) "insured": the insured named in Schedule A, and, subject to any rights or will not pay any fees, costs or expenses incurred by the insured in the defense of defenses the Company would have had against the named insured, those who suc- those causes of action which allege matters not insured against by this policy. teed to the interest of the named insured by operation of law as distinguished from (b) The Company shall have the right, at its own cost, to institute and prosecute purchase including, but not limited to, heirs, distributees, devisees, survivors, per- any action or proceeding or to do any other act which in its opinion may be necessary sonal representatives, next of kin, or. corporate or fiduciary successors. or desirable to establish the title to the estate or interest, as insured, or to prevent (b) "insured claimant": an insured claiming loss or damage. or reduce loss or damage to the insured. The Company may take any appropriate (c) "knowledge" or "known": actual knowledge, not constructive knowledge action under the terms of this policy, whether or not it shall be liable hereunder, or notice which may be imputed to an insured by reason of the public records as and shall not thereby concede liability or waive any provision of this policy. If the defined in this policy or any other records which impart constructive notice of mat- Company shall exercise its rights under this paragraph, it shall do so diligently. ters affecting the land. (d) "land": the land described or referred to in Schedule A, and improvements (c) Whenever the Company shall have brought an action or interposed a defense affixed thereto which by law constitute real property. The term "land" does required or permitted by the provisions of this policy, the Company may pursue not include any property beyond the lines of the area described or referred to in any litigation to final determination by a court of competent jurisdiction and ex- Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, pressly reserves the right, in its sole discretion, to appeal from any adverse judg- avenues, alleys, lanes, ways or waterways, but nothing herein shall modify or limit ment or order. the extent to which a right of access to and from the land is insured by this policy. (d) In all cases where this policy permits or requires the Company to prosecute (e) "mortgage": mortgage, deed of trust, trust deed, or other security instrument. or provide for the defense of any action or proceeding, the insured shall secure (f) "public records": records established under state statutes at Date of Policy to the Company the right to so prosecute or provide defense in the action or pro- for the purpose of imparting constructive notice of matters relating to real property ceeding, and all appeals therein, and permit the Company to use, at its option, the to purchasers for value, and without knowledge. With respect to Section I(a)(iv) name of the insured for this purpose. Whenever requested by the Company, the of the Exclusions From Coverage. "public records" shall also include environmen- insured, at the Company's expense, shall give the Company all reasonable aid (i) tal protection liens filed in the records of the clerk of the United States district court in any action or proceeding, securing evidence, obtaining witnesses, prosecuting for the district in which the land is located. or defending the action or proceeding, or effecting settlement, and (ii) in any other (g) "unmarketability of the title": an alleged or apparent matter affecting the lawful act which in the opinion of the Company may be necessary or desirable to title to the land, not excluded or excepted from coverage, which would entitle a establish the title to the estate or interest as insured. If the Company is prejudiced purchaser of the estate or interest described in Schedule A to be released from the by the failure of the insured to furnish the required cooperation, the Company's obligation to purchase by virtue of a contractual condition requiring the delivery obligations to the insured under the policy shall terminate, including any liability of marketable title. or obligation to defend, prosecute, or continue any litigation, with regard to the 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF TITLE matter or matters requiting such cooperation. The coverage of this policy shall continue in force as of. Date of Policy in favor S. PROOF OF LOSS OR DAMAGE of an insured only so long as the insured retains an estate or interest in the land, In addition to and after the notices required under Section 3 of these Conditions or holds an indebtedness secured by a purchase money mortgage given by a pur- and Stipulations have been provided the Company, a proof of loss or damage signed chaser from the insured, or only so long as the insured shall have liability by reason and sworn to by the insured claimant shall be furnished to the Company within of covenants of warranty made by the insured in any transfer or conveyance of or days after the insured claimant shall ascertain the facts giving rise to the loss or damage the estate or interest. This policy shall not continue in force in favor of any pur- . The proof of loss. or damage shall describe the defect in, lien or from the insured of either (i) an estate or interest in the land, or (ii) an in- encumbrance on the title, or other matter insured against by this policy which con- chaser secured by a purchase money mortgage given to the insured. statutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT the failure of the insured claimant to provide the required proof of loss or damage, The insured shall notify the Company promptly in writing (i) in case of any litiga- the Company's obligations to the insured under the policy shall terminate, including tion as set forth in Section 4(a) below, (ii) in case knowledge shall come to an in- any liability or obligation to defend, prosecute, or continue any litigation, with regard sured hereunder of any claim of title or interest which is adverse to the title to the to the matter or matters requiring such proof of loss or damage. estate or interest, as insured, and which might cause loss or damage for which the In addition, the insured claimant may reasonably be required to submit to examina- Company may be liable by virtue of this policy, or (iii) if title to the estate or in- tion under oath by any authorized representative of the Company and shall produce terest, as insured, is rejected as unmarketable. If prompt notice shall not be given for examination, inspection and copying, at such reasonable times and places as to the Company, then as to the insured all liability of the Company shall terminate may be designated by any authorized representative of the Company, all records, with regard to the matter or matters for which prompt notice is required; provided, books, .ledgers, checks, correspondence and memoranda, whether bearing a date however, that failure to notify the Company shall in no case prejudice the rights before or after Date of Policy, which reasonably pertain to the loss or damage. of any insured under this policy unless the Company shall be prejudiced by the Further, if requested by any authorized representative of the Company, the insured failure and then only to the extent of the prejudice. claimant shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, 4. DEFENSE AND PROSECUTION OF ACTIONS; DUTY OF INSURED correspondence and memoranda in the custody or control of a third party, which CLAIMANT TO COOPERATE reasonably pertain to the loss or damage. All information designated as confidential (a) Upon written request by the insured and subject to the options contained in by the insured claimant provided to the Company pursuant to this Section shall not Section 6 of these Conditions and Stipulations, the Company, at its own cost and be disclosed to others unless, in the reasonable judgment of the Company, it is without unreasonable delay, shall provide for the defense of an insured in litigation necessary in the administration of the claim. Failure of the insured claimant to sub- in which any third patty asserts a claim adverse to the title or interest as insured, mit for examination under oath, produce other reasonably requested information but only as to those stated causes of action alleging o Aefect, lien or encumbrance or grant permission to sew-- masonably necessary information from third parties or other matter insured against by this policy. The parry shall have the right as required in the above I aph shall terminate any liability of the Company to select counsel. of its own choice (subject to the ria ,t the insured to object for under this policy as to tha, rim. 6. OPTIONS TO PAY OR OTHERWISE SETIU AIMS; TERMINATION 11. LIABILITY NONCt ATIVE OF LIABIIdTY It is expressly understooo oast the amount of insurance under this policy shall In case of a claim under this policy, the Company shall have the following addi- be reduced by any amount the Company may pay under any policy insuring a mor- tional options: tgage to which exception is taken in Schedule B or to which the insured has agreed, (a) To Pay or Tender Payment of the Amount of Insurance. assumed, or taken subject, or which is hereafter executed by an insured and which To pay or tender payment of the amount of insurance under this policy together is a charge or lien on the estate or interest described or referred to in Schedule and with any costs, attorneys' fees and expenses incurred by the insured claimant, which insured the owneramount so paid shall be deemed a payment under this policy to the were authorized by the Company, up to the time of payment or tender of payment n. and which the Company is obligated to pay. 12. PAYMENT OF LOSS Upon the exercise by the Company of this option, all liability and obligations (a) No payment shall be made without producing this policy for endorsement of to the insured under this policy, other than to make the payment required, shall the payment unless the policy has been lost or destroyed, in which case proof of terminate, including any liability or obligation to defend, prosecute, or continue loss or destruction shall be furnished to the satisfaction of the Company. any litigation, and the policy shall be surrendered to the Company for cancellation. (b) When liability and the extent of loss or damage has been definitely fixed in (b) To Pay or Otherwise Settle With Parties Other than the Insured accordance with these Conditions and Stipulations, the loss or damage shall be payable within Or With the Insured Claimant. 30 days thereafter. (i) to pay or otherwise settle with other parties for or in the name of an insured 13. SUBROGATION UPON PAYMENT OR SETTLEMENT claimant any claim insured against under this policy, together with any costs, at- (a) The Company's Right of Subrogation. torneys' fees and expenses incurred by the insured claimant which were authorized Whenever the Company shall have settled and paid a claim under this policy, by the Company up to the time of payment and which the Company is obligated all right of subrogation shall vest in the Company unaffected by any act of the in- to pay; or sured claimant. (ii) to pay or otherwise settle with the insured claimant the loss or damage pro- The Company shall be subrogated to and be entitled to all rights and remedies vided for under this policy, together with any costs, attomeys' fees and which the insured claimant would have had against any person or property in respect expenses incurred by the insured claimant which were authorized by the Company to the claim had this policy not been issued. If requested by the Company, the in- up to the time of payment and which the Company is obligated to pay. sured claimant shall transfer to the Company all rights and remedies against any Upon the exercise by the Company of either of the options provided for in paragraphs person or property necessary in order to perfect this right of subrogation. The in- (b)(i) or (ii), the Company's obligations to the insured under this policy for the sured claimant shall permit the Company to sue, compromise or settle in the name claimed loss or damage, other than the payments required to be made, shall ter- of the insured claimant and to use the name of the insured claimant in any transac- minate, including any liability or obligation to defend, prosecute or continue any tion or litigation involving these rights or remedies. litigation. If a payment on account of a claim does not fully cover the loss of the insured claimant, the Company shall be subrogated to these rights and remedies in the pro- 7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE portion which the Company's payment bears to the whole amount of the loss. This policy is a contract of indemnity against actual monetary loss or damage If loss should result from any act of the insured claimant, as stated above, that sustained or incurred by the insured claimant who has suffered loss or damage by act shall not void this policy, but the Company, in that event, shall be required reason of matters insured against by this policy and only to the extent herein described. to pay only that part of any losses insured against by this policy which shall exceed (a) The liability of the Company under this policy shall not exceed the least of., the amount, if any, lost to the Company by reason of the impairment by the insured (i) the Amount of Insurance stated in Schedule A; or, claimant of the Company's right of subrogation. (ii) the difference between the value of the insured estate or interest as insured (b) The Company's Rights Against Non-insured Obligors. and the value of the insured estate or interest subject to the defect, lien or encum- The Company's right of subrogation against non-insured obligors shall exist and brance insured against by this policy. shall include, without limitation, the rights of the insured to indemnities, guaranties, (b) In the event the Amount of Insurance stated in Schedule A at the Date of other policies of insurance or bonds, notwithstanding any terms or conditions con- Policy is less than 80 percent of the value of the insured estate or interest or the tained in those instruments which provide for subrogation rights by reason of this full consideration paid for the estate or interest, whichever is less, or if subsequent policy. to the Date of Policy an improvement is erected on the land which increases the 14. ARBITRATION value of the insured estate or interest by at least 20 percent over the Amount of Unless prohibited by applicable law, either the Company or the insured may de- Insurance stated in Schedule A, then this Policy is subject to the following: mand arbitration pursuant to the Title Insurance Arbitration Rules of the American (i) where no subsequent improvement has been made, as to any partial loss, Arbitration Association. Arbitrable matters may include, but are not limited to, any the Company shall only pay the loss pro rata the proportion that the amount of controversy or claim between the Company and the insured arising out of orrelatin insurance at Date of Policy bears to the total value of the estate or interest at Date to this poliy, any service of the Company in connection with its issuance or the of Policy; or breach of a policy provision or other obligation. All arbitrable matters when the (ii) where a subsequent improvement has been made, rt to any partial loss, Amount of Insurance is $1,000,000 or less shall be arbitrated at the option of either of the the Company Amount shall only insurance pay the stated loss pro rata A the bears to proportion the ion that 120 percent the Company or the insured. All arbitrable matters when the Amount of Insurance Schedule sum of the Amount is in excess of $1,000,000 shall be arbitrated only when agreed to by both the Com- of Insurance stated in Schedule and the amount expended for the improvement. pany and the insured. Arbitration pursuant to this policy and under the Rules in The provisions this paragraph shall not apply to costs, attorneys' fees and ex- effect on the date the demand for arbitration is made or, at the option of the insured, penses for which the Company is liable under this policy, and shall only apply to the Rules in effect at Date of Policy shall be binding upon the parties. The award of that portion any loss which exceeds, in the aggregate, 10 percent of the Amount may include attorneys' fees only if the laws of the state in which the land is located Insurance stated in Schedule A. a court to award attorneys' fees to a prevailing party. Judgment upon the (c) The Company will pay only those costs, attorneys' fees and expenses incurred permit award rendered by the Arbitrator(s) may be entered in any court having jurisdiction in accordance with Section 4 of these Conditions and Stipulations. thereof. 8. APPORTIONMENT The law of the situs of the land shall apply to an arbitration under the Title In- If the land described in Schedule A consists of two or more parcels which are surance Arbitration Rules. not used as a single site, and a loss is established affecting one or more of the parcels A copy of the Rules may be obtained from the Company upon request. but not all, the loss shall be computed and settled on a pro rata basis as if the amount 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE CONTRACT of insurance under this policy was divided pro rata as the value on s Date of mad made e Policy (a) This policy together with all endorsements, if any, attached hereto by the Com- of each separate parcel to the whole, exclusive any y improvements souse- pany is the entire policy and contract between the insured and the Company. In quent to Date of Policy, unless a liability or value e has otherwise been agreed upon interpreting any provision of this policy, this policy shall be construed as a whole. as to each parcel by the Company and the insured at the time of the issuance of (b) Any claim of loss or damage, whether or not based on negligence, and which this policy and shown by an express statement or by an endorsement attached to arises out of the status of the title to the estate or interest covered hereby or by this policy. any action asserting such claim, shall be restricted to this policy. 9. LIMITATION OF LIABILITY (c) No amendment of or endorsement to this policy can be made except by a (a) If the Company establishes the title, or removes the alleged defect, lien or writing endorsed hereon or attached hereto signed by either the President, a Vice encumbrance, or cures the lack of a right of access to or from the land, or cures President, the Secretary, an Assistant Secretary, or validating officer or authorized the claim of unmarketability of title or otherwise establishes the lien of the insured signatory of the Company. mortgage, all as insured, in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed 16. SEVERABILITY its obligations with respect to that matter and shall not be liable for any loss or In the event any provision of the policy is held invalid or unenforceable under damage caused thereby. applicable law, the policy shall be deemed not to include that provision and all other (b) In the event of any litigation, including litigation by the Company or with provisions shall remain in full force and effect. the Company's consent, the Company shall have no liability for loss or damage 17. NOTICES, WHERE SENT until there has been a final determination by a court of competent jurisdiction, and All notices required to be given the Company and any statement in writing re- disposition of all appeals therefrom, adverse to the title as insured. quired to be furnished the Company shall include the number of this policy and (c) The Company shall not be liable for loss or damage to any insured for liability shall be addressed to the Company at: voluntarily assumed by the insured in settling any claim or suit without the prior written consent of the Company. Fidelity National Title Insurance Company 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF National Claims Administration: LIABILITY 17911 Von Karman Avenue, Suite 300 All payments under this policy, except payments made for costs, attorneys' fees Irvine, CA 92614-6253 and expenses, shall reduce the amount of the insurance pro tanto. FIDELITY NATIONAL TITLE INSURANCE COMPANY Fidelity National Title Insurance Company 17911 Von Kanman Avenue, Suite 300 Irvine, CA 92614-6253 SCHEDULE A Order No.: 01-110839-28 Policy No.: 27-031-92 153118 Amount of Insurance: S 8,234.00 Premium Amount: $ 200.00 Date of Policy: June 12, 2000 at 11:28 a.m. 1. Name of Insured: City of Tigard, a municipal corporation and political subdivision of the State of Oregon 2.. The estate or interest. in the land described herein and which is covered by this policy is: An Easement 3. Title to the estate or interest in the land is vested in: Ronald V. Murphy and Catherine L. Murphy, as tenants by the entirety 4. The land referred to in this policy is situated in the County of Washington, State of Oregon, and is described as follows: SEE EXHIBIT "ONE" ATTACHED HERETO AND MADE A PART HEREOF THIS POLICY VALID ONLY IF SCHEDULE B IS ATTACHED Page 1 Owner's Standard Order No.: 01-110839-28 Policy No.: 27-031-92 153118 EXHIBIT "ONE" A perpetual easement and right-of-way over the following described land, for the purpose of constructing, reconstructing, maintaining, repairing and using the same for a slope to support or help to support the street or sidewalk construction on the real property located in the County of Washington, State of Oregon, described as follows:. A tract of land in Southeast one-quarter of the Northeast one-quarter of Section 4, Township 2 South, Range 1 West of the Willamette Meridian, in the City of Tigard, Washington County, Oregon, being more particularly described as follows: Commencing at a 5/8" iron rod with aluminum cap in a monument box marking the centerline intersections of SW Walnut Street and SW 132nd Avenue as monumented in the Plat of "Morning Hill No. 8" recorded in Plat Book No. 79, Page 38, Plat Records of Washington County, Oregon; thence South 870 00' 43" East along the centerline of SW Walnut Street, 649.58 feet; thence North 020 21' 26" East, 20.00 feet to the Southwest corner of that tract of land described in Document Number 89005725, Washington County Deed Records, recorded February 8, 1989; thence continuing North 020 21' 26" East along the West line as said tract, 15.00 feet to the Point of Beginning of the tract of land being described herein; thence continuing North 020 21' 26" East along the West line of said tract, 5.71 feet; thence South 600 34' 26" East, 12.83 feet; thence South 870 00' 43" East, parallel to the South line of said tract, 162.59 feet to the East line of said tract; thence South 020 21' 26" West along said East line, 5.00 feet; thence North 870 00' 43" West, parallel to the South line of said tract, 164.01 feet to the point of curvature of a non-tangent curve to the right; thence along said non-tangent curve, the radius bears North 18° 15' 42" East, through a central angle of 22° 19' 43", having a radius of 29.00 feet, length of 1 1.30 feet and a chord which bears North 60° 34' 26" West, 11.23 feet to the point of beginning. Page 2 Owner's Standard Order No.: 01-110839-28 Policy No.: 27-031-92 153118 SCHEDULE B This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of the following: GENERAL 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 not shown by the records of such agency or by the public records. 2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of persons in possession. 3. Easements, or claims of easements or encumbrances, 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. Discrepancies, conflicts in boundary lines, shortage in area, encroachments or any other facts which a correct survey would disclose. 5. Any statutory liens for labor or material, including liens for contributions due to the State of Oregon for unemployment compensation and for worker's compensation, which have now gained or may gain priority over the lien of the insured deed of trust, which liens do not now appear of record. SPECIFIC ITEMS AND EXCEPTIONS: 6. Maintenance Agreement, including the terms and provisions thereof, For: 50 foot wide roadway Recorded: February 24, 1986, as Recorder's Fee No. 86008095 Page 3 Owner's Standard Order No.: 01-110839-28 Policy No.: 27-031-92 153118 7. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby Amount: $85,000.00 Dated: September 24, 1993 Grantor: Ronald V. Murphy and Catherine L. Murphy, husband and wife Trustee: Oregon Title Insurance Company Beneficiary: Medallion Mortgage Company, a California corporation Loan No.: 156243 Recorded: September 29, 1993, Recorder's No. 93079946 Affects: This and additional property The beneficial interest thereunder has been assigned, by mesne assignments, to: Assignee: GMAC Mortgage Corporation, a Pennsylvania corporation Recorded: March 29, 1999, Recorder's No. 99037199 The loan number for GMAC is 306193054 8. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document. Granted to: City of Tigard, a municipal corporation and political subdivision of the State of Oregon Purpose: Slope Recorded: June 12, 2000, Recorder's No. 2000045896 Page 4 9= 0 Fidelity National Title INSURANCE COMPANY Right-of-Way Associates, Inc. Date: January 19, 2001 Attn: Catherine Boles Order No.: 01-1 1 0839-28 10186 SW Laurel Street Beaverton, OR 97005 We appreciate the opportunity of being of service to you. Fidelity National Title Company of Oregon 401 SW Fourth Avenue • Portland, OR 97204 (503) 223-8338 Cl~fla!! TO NE 114 5=10N 4, 1S?*WH/P 2 SOUIN, mw e 1 wE3r, mumEm MER/NW, are or lliGm. wish row aWN Y. OREGON A wpm 4w SLW .SID . AQCft GOO" 84M S.W. 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