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2003-114477 \\ Washington County, Oregon 0" 7 .003 10:16:39 AM 2003- 114477 Return Recorded Document to: -- D Cnt =1 Stn =8 RECORDSI City Hall Records Department $5.00 $11.00 • Total = $16.00 City of Tigard 13125 SW Hall Blvd. Tigard, OR 97223 00381478200301144770010017 I, Jerry Hanson, Director of Assessment and Taxation and Ex- Officio County Clerk for Washington County, e'�"�S TRAFFIC IMPACT FEE Oregon, do hereby cert(ty thetthe within Instrument of ? ,• writing was received and recorded bf A n i } the book of J Installment Payment Application and Disclosure Statement records of said county. s.or Jerry R. Henson, Director asesament and Taxation, F`+ Ex -Officio County Clerk In the Matter of the Traffic Impact Fee for Integumend LLC Tax Map 1S135AA Lot Number(s) 01400 and as further described in Deed # Building Permit # BUP 2003 -00219 Site Address 10215 SW Hall Blvd. Subdivision Case File # SDR 2003 -00002 TIF Land Use District C -N • To Be Billed To: Integumend LLC • Address: 9495 SW Locust St., Portland, OR 97223 To the City of Tigard: In accordance with the provision of Oregon Revised Statute 223.208 and Washington County Code 3.17 which relates to the imposition of a traffic impact fee for the financing of major collector roads and arterials of Washington County, I /we HEREBY MAKE APPLICATION AND AGREE, JOINTLY AND SEVERALLY, to pay my /our traffic impact fee, as has been determined by Washington County Code 3.17 in 20 semi - annual installments of the amount financed together with one -half of one year's interest thereon at a rate of 5.19 annual percentage rate on the unpaid amount owed. The lien date is the first day of the month following the date the application is signed. The first payment is due six months thereafter and at six (6) month intervals thereafter for a period of 10 years. Each installment payment will include principal and interest. If I \we neglect or refuse to pay any part of the installments provided herein, including interest, within one (1) year after the same shall have become due and payable, then the whole amount of the unpaid assessment shall become due and payable at once and shall be collected in the manner provided by law including foreclosure on the above - described real property. The traffic impact fee, annual percentage rate of interest ( 5.19 %) and finance charges which I /we agree to pay are as follows: HIGHWAY TRANSIT 1) Amount of Traffic Impact Fee $ 33.330.00 $2,970.00 2) Amount Financed $ 33,330.00 $2,970.00 3) Equal Semi - Annual Principal Payments $ 1.666.50 $148.50 4) Interest on Balance at Rate of 5.19 % I \We understand that the amount owed, as stated above, shall be a lien on the above - described subject property pursuant to Washington County Code 3.17 and ORS 223.230. DATED this day of vVQ , i . fir Sig : ure of Property Owner(s) • Signatur r of Property Owner(s) �- 2 ' ' A, �' S S STATE OF OREGON ) Name (Please Print): � 6f \ _ 4 `� ` ry (i(�5 �' ( ` f1u?.t cc-e( c, �� IG 75 7 /ylc -P Circle County of Washington ) Address: O ,. ( 2. 7 ? T • �,� SUBSCRIBED AND SWORN TO BEFORE me this day of c J (tip , 1 O 0 .- f C(7 ID 3 Notary ' ublic for O ( ti � - ������ - �� - � - �� - - �� -�'�� (�� O (2.4 OFFICIAL SEAL My Commission Expires: I i J BENGTSON 1 NOTARY PUBLIC - OREGON COMMISSION NO. 368086 DOCUMENT1 MY EXPIRES APR. 27, 2007