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98-059584 OF OREGON �° ss unty of Washington I, Jerry R, I-anson, Dir"e`ctor of Assess- ment and Taxation Officio County Clerk fors aidcounty hereby certify that the withi in strument of writing`wasxreceived and recorded =mini, book , of"°i - ecords', n of said ; county , ` �; , i -ft ft AFTER RECORDING, RETURN TO: °, < Via-- ,Je, rry`R :Hanson Director of ,Assessment andiTaxation, Ex- Wayne Lowry, Finance Director Officio °Clerk City of Tigard Doc 98059584 13125 SW Hall Blvd. Rect • 210000 5 . t)0 Tigard, OR 97223 NOTICE OF ASSESSMENT AND 06/04/1998 03: J. 2: S S m P CLAIM OF LIEN Whereas, the City Council for the City of Tigard (the "City "), by Ordinance No. 98 -12, adopted May 26, 1998, did levy the final assessments for the project known as the Dartmouth Local Improvement District; now, therefore: • NOTICE IS HEREBY GIVEN that Ordinance No. 98 -12 assesses the cost of street improvements on certain real property (the "Property ") in the County of Washington, State of Oregon, described as follows: Tax Lot No. 1 S 136CD 4200 F- - - = - - - • - • = - - - L s31 I 1 q c1 5 —0( 3 The name of the owner or reputed owner of said land is: Paul Simmons, Waremart The amount of the final assessment is $45,034.23. The property owner must either pay the final assessment in full, or enter into an installment payment agreement with the City by June 15, 1998. Final assessments which are not paid in full by July 2, 1998 shall bear interest at the rate of 9% per annum as set by the City Council in Ordinance No. 98 -12. Final assessments which are not paid in full by July 2, 1998 and which are not subject to an installment agreement shall be subject to foreclosure. Information on payment of the final assessment in installments and an application for doing so accompanies this notice. Information on deferral of the assessment pursuant to ORS 311.702 et seq. is available from the City Finance Director. The City claims a lien in the amount of $45,034.23, (the amount of the final assessment), plus interest and any additional interest or penalties imposed by the City with respect to any installments which are not paid when due. The lien was entered in the City's lien docket on May 27, 1998 and may be recorded in the Washington County lien records in accordance with ORS 93.643. Dated 6,/f(r Wayne , Finance Director STATE OF OREGON, County of Washington . )18 The forgoing document was acknowledged before me this day of ,YYLQ , 1998 by Wayne Lowry, Finance Director for the City of Tigard on behalf of the City of Tigard. 6. ..c s /014i o .� OFFICIAL SEAL Notary Public for Oregon + :: CATHERINE WHEATLEY f My Commission expires Or( NOTARY PUBLIC- OREGON � COMMISSION NO. 042176 MY COMMISSION EXPIRES MAY 10, 1999 1V/ 1V/ LVVV 11. 4 t1 rnn VVJ U,70 1'3/1 1.111 Ui' lllit]lCV LL/.fUUJ City of Tigard, Oregon Application to Pay Assessment in Installments Recitals I, Eric A. Sporre , am duly appointed representative of Pacific Realty Associates, LP and hereby certify that Pacific Realty Associates, LP is the owner of property identified by Washington County as Tax Map and Lot # 1S136CD04200. The City of Tigard levied a final assessment for the Dartmouth Local Improvement District on the above - described benefited property in the amount of $45,034.23. The previous owner of the property applied to pay the assessment for the Dartmouth Local Improvement District in installments and has been making the payments on the assessment. The outstanding balance is $25,698.08. A lien has been placed on the property to ensure payment of the assessment. Pacific Realty Associates, LP, wishes to continue to pay the assessment in installments and consents to the lien remaining in place until the installments are paid. Agreement I hereby make application to the City of Tigard and agree to pay the remaining assessment amount of $25,698.08 with interest at a rate of 5.89%. Assessment payments with interest will be payable semi - annually at the offices of the Finance Director of the City of Tigard. I agree that the lien securing payment of the assessment shall remain in place until the amount of the assessment, including interest, is paid. • Accounts that become delinquent for more than ten days shall be subject to late charges. In consideration for the privilege of paying the assessment in installments, Pacific Realty Associates, LP on behalf of itself and all subsequent owners of lot number 1S136CD04200 hereby waives all irregularities or defects, jurisdictional or otherwise, in the proceedings to cause the local improvement for which the final assessment is levied and in the apportionment of the actual cost of that local improvement. By signing below, 1 state that I understand the terms and conditions of the City's payment policies, including penalties or possible foreclosure for nonpayment. a '' By: PacT.russ `-a71 ty, Inc., a Delaware corpor- ,o. , its General Partner By �.� �� /Date: October 22, 2003 Eric '. Sporre, Vice President Accepted by: CITY OF TIG RD i 4,/ 9, azed3 By:. / Date