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CU31-76
POOR QUALITY RECORD PLEASE NOTE: The original paper record has been archived and put on microfilm. The following document is a copy of the microfilm record converted back to digital. If you have questions please contact City of Tigard Records Department. • •PlitliaNNWeetairkillifitritageNSNAMEN DU* rr 400 M.A.B. AND ROBERT DAVIES • Conditional Use (CU 31-76) Pacific Highway South of McDonald • • n ,r } f, • • • • J• ' 7 A •t • 4• • e • • t • • M ' 1f TaMnllMIIIIIIIMMIIMIPXMIIIIIbamlmMenimlmlgnluIMIMNIVMIMIMIMMIIMMIPIMNNIMMPNMMMIMPMOMIMPMMIIIIIMEIIIINIRWIMNIMMMIl 1 • 1. r •• . i ,,• . • . riall i • f --,Oi10 CITY TIGARD RD . ��c.i 101.,fd ,.' P. O. Box 23587 r'•i� F 12420 S. W. Main Tigard, Oregon 97223 November 22, ZCEiVED .' L�, , Robert Davies 4 � OF .'� 9217 S .W. Beaverton Hillsdale Hwy. • Portland, Oregon 97225 Dear Mr. Davies: a . r`', Please be advised that the Tigard Planning Commission at their . 1 regular meeting of November 16, 1976 approved your request for a conditional use permit to locate a commercial/professional office building at 14050 S .W. Pacific Highway. This approval is subject to satisfying the following conditions: f ' 1 . The drainage plan be in accordance with State Highway Division . recommendation and approved by Tigard Director of Public Works. r Please note that Section 18. 72.130 of the Tigard Municipal Code states, "If a conditional use is approved by the Planning Commission and then is not exercised, it shall expire in one year from the date of approval if the use has not begun and continual progress toward its full operation is not in evidence. " If you are unable to avoid the expiration of this permit, a renewal can be requested of the Planning Commission. w If we can be of any further assistance please do not hesitate to P contact me at this office. . Sincerely, IIIRichard Daniels Associate Planner RD/pr cc: Director Public Works Note: The following acknowledgment must be received by the City of Tigard within fourteen (14) days of your receipt of this letter. railure to return this acknowledgment may result in action by the City of Tigard. A copy of this letter and your acknowledgment will be filed with the Building Official . . d• • n • 111111...11111■=111=111M.MINIIIMIIIMINI Page 2 November 22, 1976 Robert Davies : hereby acknowledge this letter documenting the action of the Tigard Planning Commissjon I have received and read this letter 0 and I agree to the decision here documented and to abide by any terms and/or conditions attached. t • i ,nature date File No. A • 1 • • 0 4 3cd ' STAFF REPORT \\h AGENDA 5.4 TIGARD PLANNING COMMISSION November 16, 1976 - 7 : 30 P .M. Twality Junior High School - Lecture Room 14650 SW 97th Avenue - Tigard, Oregon•. DOCKET: CU 31-76 (Davies) REQUEST: To locate a professional and commercial office building , • in a C-4, Neighborhood Commercial zone. LOCATION: On S .W. Pacific Highway south of S .W. McDonald Street (Wash. Co . Tax Map 251 10A, Tax Lot 203, 205) . APPLICANT: M.A.B. , Inc. and Robert Davies BASIC FACTS : 1 . The site is designated "Residential-Commercial" on the Tigard Community Plan and zoned "C-4, Neighborhood Commercial . " 2. Section 18. 32.020 (9) permits "Doctor or dentist and professional or commercial office" as a conditional use in the C-4 zone. II , FINDINGS : 1 . The applicant is requesting permission to locate a 10,000 square foot general purpose professional and commercial office building to house the administrative offices as well as a sales office for the Bill Snyder Realty Company . 2 , The site slopes gently up, away from Pacific Highway, 3, The surrounding land uses are a service station , small quick-stop grocery and convalescent home . , . 4 . An office is generally considered a low traffic generator and is of the type to be encouraged to locate along Pacific • Hlghway. All new traffic will utilize existing curb cuts, 5. Section 18 . 56 of the Tigard Municipal Code requires one parking space/350 ' gross 'Moor area. The site plan shows 41 parking spaces available whereas 29 are required, 6, The site plan shows on-site drainage to be surface drained, The Director of Public Works has stated that this is inadequate . The Highway Division of the Oregon Department of Transportation requires outfall permits to place drain water into the highway right-of-way, They reviewed the request on 10/26 and have stated that a 12" pipe outside the curb be connected to the storm sewer in S .W . McDonald. This requires catch basins within the site , 7. The site plan shows a nYaw free standing sign but no dimensions or materials are provided, The sign should be architecturally compatable with the building. STAFF REPORT 4 AGENDA 5,4 Tigard Planning Commission November 16, 1976 Page 2 III . CONCLUSIONARY FINDINGS : 1. The proposal conforms with the Tigard Community Plan by utilizing existing curb cuts and being low traffic generating. 2. There is a public need to locate low traffic generating uses instead of higher generating ones along S.W. Pacific Highway and this particular site is not adverse to the type of use proposed. 3. The proposal will have minimal impact on surrounding uses and less of an adverse impact than other uses allowed in the C-4 zone. IV. STAFF RECOMMENDATION: , To be advised. "-"D-ePt McE Its.s isticarel)po..x 057 Sipas \i'")1411"04°141q Ds tb 1-2. :a4,52>m,14\61...,Ityibm6N) A FrmNero Ttc, TS)Viaero:TOT4 RrO ‘%,./■4 :6WCP. r , • 4 • " i wnxWsw_...ae*,w>a r..c::.ream--..:+awa°., .9..;.•ra,a.m.s- AFFIDAVIT & PUBLICATION i'. ICE of PUBLIC,Y r RINGS Tigard Planning Comnusslon November 1ti, 1976 - 7:30 P.M, STATE OF OREGON, Ttvality Junior high School —Lecture COUNTY OF WASHINGTON, ss' Room 14650 S.W,97th Avenue Tigard,Ore- s J'o eph Schafer .......a...aa.,.�..�......,..a�_..._. .. , . 5, PUBLIC IE RI E z ... ... e .. ...........n._. ICiA c 10-76(put sch) t NPO III being first duly sworn, depose and say that; Tam the publisher , ,.a,.,.......,..a�....... A xequest by putsch Enterprises,Inc. for preliminary plan and program re- • of The Tigard Times, a newspaper of general circulation, as defined view of a 134 unit residential planned n development on SW 115th Avenue, ' " south of;SW Fanner Street(Wash. .; by ORS 193.010 and x93,020, published at Tigard, in the aforesaid county and Tax Map 2S1 3IIa=Tax Lots 200, 300, 400), state; that the legal notice, a printed copy of which is hereto annexed, was 5,2 ZONE CHANCE ZC I1-76(Denoux) i NPO III • . i 4 published in the entire issue of said newspaper for .a..a,_..1.....,..,:..., successive and A recluostby Serge Dpnoux tri amend ;. r, the zoning map from R.7 (single fami- ' ly)to A-2(m a consecutive weeks in the fallowing issues (multi family residential)for�......................... .......,.. _......,......_.� at 11030 SW a 1,$2 acre parcel a `Gaarde Wov`eip'mer 10, 1976 (Wash, Co. ax Lot a,Tax Map 2S1 xOA, fax 1500). . / � � �" 5.3 CONDITIONAL 'USE CU 30"'76 IV .,,. ...,. �(Sign attire;,..�,.. .. .—� ...... (Wayside Inn) NPO W.Lee for a con di- �. A request by Way tional use permit to locate a four story . motor.hotel on SW Pacific Highway Subscribed and sworn to before me this .....®...-11t,....._._,......�.m day of ..,.,.,a. north of SW 69th Avenue (Wash. Co. M left 5,4 CONDITIONAL USE CU 31-76 �1tUSt lSllx°Ig.r�J. �,, .a... ............... (Davir�s) NI'b VI A request b M.A.E,Inc. and Flobert ' � /� / . o ditional use ermit to potg ies f ......,_.�.. ' 1t t:,,,,. .r ."t`, ,t ..,..... co ac ercial/pro 1 ofi�ce te a rr fesslo a etary Pii ifc of Oregon SW Pacific Highway. „ / � building at 14050 (Wash. Co.Tax Map 781 iOA,lax,Lot My commission expires ,. `' 7, 203). PO p ,� L Y9 in) N 5 5 VARIANCE V 11.76 (Dahl,in.,). va lance to tth blaclt D rd setback k in a R,7 planned devel01D, pment (single `• family) at 15730 S.W Highland Ct, , • (Wash.Co.Tax Map 2S1 10DD,Tax Lot t 3400). 6. OT ER BUSU4ESS« 6.1 Report on City Council actions, All 1,°rs�ans having an interest in any ' ` of the hearing matters are invited to a1-'i,'"at and submit oral and written tes- timony or submit written testimony in t • advance of the meeting. (`IT 2970 — Publish Nov. 10, 1976) 1 ;..,,„,.,, . .. ....,.. _ ,.. _,..;:L:Cas e.'�.fma..r y*.*+s.krry-....r.-.°n+,w.._...-....-r.... ,:_:.susmscrj.nx.r.•carmxsru�aws+s.*.wa-:=.+w...w.-sw.+,c+ ....N,,........�.J.-. . . • AFFIDAVIT OF STATE OF OREGON County of Washington ) ss. City of TiLard Sandra L. Fite , being first duly sorn, on oath depose and say: That I m Secretary for the Planninu Department for the City of Tigard, Ore;zon. That I served notice of hearing of the Tigard Planning Commission of which the attached is a copy (Marked Exhibit A) upon Qach of the following named persons on the day of 197_ , by mailing to each of t"!Iem at the—icadi:esiaffE'giTE the gttached list (Marked Exhibit 13) , ,, said notice as hereto attached, dep9sited in the United Staues Mail on the day of 197k, postage prepaid. Subscribed and sworn to before me on this day of 19 16p. 1141° r 1? C 0 Notary liblic of Oregon pfl,,,ach $00 conTicston oxPires: ,011k ' uF►R Fats►u!a11e1/El►ffildEr; r. • • 4 4 '5/ - 26 _ . /d 72V , • ' / /d, • • • . p. r 404 • • • o •. 1 e A et 4 • a • CITY OF TIGARD, OREGON • NOTICE OF PUBLIC HEARING Dear Property Owner: The agenda enclosed for the next meeting of the Tigard Planning Commission includes an item (circled in red) which, due to its location adjacent property owned or occupied by you, or due to your previously indicated interest, the City feels obligated to notify you. If you wish to make your views known in this matter, or if you only wish to avail yourself of this opportunity to be informed concerning this project, the Tigard Planning Commission invites you to attend this meeting. 6 , . .. , • . ,. , r• , . . • . , , 0 , , • i. 4* ' , AGENDL. TIGARD PLANNING COMMISSION . November 16, 197G - 7: 30 P.M. Twality Junior High School - Lecture Room . , 14650 S .W . 97th Avenue - Tigard, Oregon • . 1 . CALL TO ORDER: . 2, ROLL CALL: . 3, APPROVAL OF MINUTES: 4. COMMUNICATIONS : .. 5. PUBLIC HEARINGS : 5 . 1 ZONE CHANGE ZC 10-76 (Kutsch) NPO III . • A request by Kutsch Enterprises, Inc. for preliminary plan and program review of a 134 unit residential planned develop- merit on S .W. 115th Avenue, south of S .W. Fonner Street . . (Wash . Co . Tax Map 281 3D13, Tax Lot 200, 300, 400) . , . , 5 .2 ZONE CHANGE ZC 11-76 (Denoux) NPO III ' a A request by Serge Denoux to amend the zoning map from R-7 (single family) to A-2 (multi family residential) for f a 1 .92 acre parcel at 11030 S .W, Gaarde (Wash. Co. Tax Map 2S1 10A, Tax Lot 1500) . 5 . 3 CONDITIONAL USE CU 30-76 (Wayside Inn) NPO IV A request by Way W. Lee for a conditional use permit to locate a four story motor-hotel on S.W. Pacific Highway . • • north of S .W. 69th Avenue (Wash. Co . Tax Map 1S1 36AD, Tax • ° Lot 6504) . - 4100 CONDITIONAL USE CU 31-76 (Davies) NPO VI . . A request by M.A.B. Inc . and Robert Davies for a conditional use permit to locate a commercial/professional office . , . ' r building at 14050 S .W. Pacific HighwJ.y (Wash , Co . Tax Map i 2S1 10A, Tax Lot 203) . l t' 5 . 5 VARIANCE V 11-76 (Dahlin) NPO VI ( :) A request by Alfred D, Dahlin for a variance to the hack yard setback in a R-7 planned development (single family) fr iP at 15780 S .W. Highland Ct . (Wash . Co. Tax Map 2S1 10DD, Tax Lot 8400) . . ' I, 6. OTHER BUSINESS: 6 .1 Report on City Council actions 7, ADJOURNMENT: . .., . . I 4 4 • w ... () 11T-r Fi " .. - - - y . - .a' - `• - - • 1 3'./ A.`f-.., i p. r �, , T 1 4 4 J 111 • 1 I li 1 3 1 ' , 1 1 1 A$ t t , 4 1 S 1 :1 , , i L_ , • +i a a 4 a % # 1• { ; fi A x _ G •►•.,.•fb�.w�....t . �j ........._7175,7674,............„.... . '•'fri»:NT-Y'iYIY)"Y+Y,t�r .l+rrr>� ti rx..s-Jy+rr..r-.....&_rte.,»..r,.n-r,:1.,_„•* Y.i'k �.....�.--------- - 'H ti . p 1 1 bri£ S e iL ©. » • in @ ' air �,- - 1 • .3 • 14) 4. y a t • `'a`'A " �,,x,11 1 a i--. 1 1.,...- ? `i 9 1 t I j , V u. ♦ � "-*�"yii' y /1 Sa ' <. 1?4j { ,� i SIa � _ .. .,. ;— \ t'a N 4 i`Yda'�K • •:1 t ;may) S17 Dld , \ ----{ .• i ;d y,. 2F' x al j - _ �y._- .�.-. �- A! �- Cr v • �-� s,'Cr = 1p' LD - w` • �i ,)ti as I � CO /r�i/39'6'1 ' a Z ai3 • s' 4.N.:"i 10'Si I - _�r ' - L3 clGS }is 0 t„ , 't " ' { ';' A a •?1i }t °i ".J --- -CV-r: ,,•. 'ft.' . `''4 - Q ' : _ - ; x j IBS.0' �i f-! {'�+# rte.. 1yf ' e .„ ` •"�^ 1 '1 Y/� i> it l O. s= $f� ri�a 4.,/ 1J Ca s„e :--- •_ _ 'y r • 1•a • �' • 1,7•'4., d.. 't_.,,, en -} a3 *s "`- r•<J .11/l i 'Y . a, - iL•-�7*N c: 7 A,Iasi , ..fd c .i ;'°r~1/4' a n"� d s.R, r 9 C.)4.rh Iss *i j W...• •.•:ate j�, 9:1< y,' ��., .' a. la :j + �pp,',u• �1 t J� ? - :'ti£ �u far r s a f1f•\i `'a '.Q- t j A. arP" ,� ar ap .al d 1 1 a• a x'ti -1 } y a l .. . A'+.A �/ a it'' 4.,- t. i , a l ii (Yy 3 e,� • �i �t . a !f• s `1• .$,...f CA.. ,°•./ L �'J �, • arm. ;� r� VA, ° f Ya a -a .V-•• r. • .1./ 'q ,V ' 1 ,i.. 1 - r� i xr as C3 R . °\ 'f,+' yam:% Ns "..1 ''-' S3 IN R t11, /1-„,-, a y1 f at l t r _ jj } 1'% P.- 11 �, T • 9 d a"' 3 w „, • ' ids ,‘1t,, k`> t'1 I i• •1 Y^.l V 3... 7. f giu l" • -� ;; a - S .. i _ _�.1. i —•• ,,," ',The" ‹. 0 Ai 7.,= 3 i ''' 1j ' '` p,. !ii i�J 1 R: s 1gi7_ , � � n /�4 aiii'ar ' ,. lam •Y6' �-3 _ x`., l #i .1 - _ - ,a N.'S', V) /7...„S,!. '', •• " t *4.: i t L ^ p.. 4} 4 a.DV' v • • • • • • . • 4 LAW orrices OF THOMPSON, ADAMS & LUND ROBERT E THOMPSON 12800 S W.CANYON ROAD JAMES B.CASTLES Or CoUNsEL RODNEY C ADAMS AVRTON, OREGON 97005 JON 13.LUND 644-2146 PAUL J.DEBAST : "46,14tol..4'4 ,Aric 4 i9ir November 2 , 1976 frip Planning Depa, tment. •. City of Tigard Tigard City Hall Tigard, Oregon 97223 Re: Conditional Use/The Bill Snyder Co. 0 Gentlemen: This is to advise you to the best of our ability of the traffic impa:L of our request for a conditional use: 1. The primary tenant for approximately 6, 500 to 7,000 square feet of the building will be "The . Bill Snyder Co. " . They will have both their tel- ministrative office and Tigard Sales office on ti,e site and they will have the following employees: (a)Administrative employees -- 15 to 20 employees who arrive at 8 : 00 A.M. and leave ab approximately 5:30 P.M. , five days per week; .• (b) Sales employees and customers -- exactly the same number as are presently using the existing building on the site; (c)Additional traffic: (1)Approximately eight to ten branch sales people per day will be arriving at and leaving from the site per day from other branch offices throughout metropolitan Portland; (2)A sales managers' meeting is held once each week, which would bring about 15 addl- . tional people to the site for a two-hour meeting, . 2 . The remaining portion of the building approxi mately 2,000 square feet would be rented as either a commercial office or a professional office, Which would probably employ not more than four to six employees and operators on site. . ----------- ----------------- ....._. 1 . , , , . . . 4 V a ''' o 0 , ,, ' ',. ■ - City of Tigard Planning Department November 2, 1976 rage Two 'a . . The traffic to and from the site will be coordinated through the use of MacDonald Street and the existing exits onto S.W. Pacific Highway. No new exits will be required. The traffic to and from the site 15 much less than that of a ... . ) department store, drug store, grocery store, hardware store or other retail use allowed as an outright use in the zone. . . If any additional information is needed, kindly advise. " .' Very truly yours, • , . TH0MUON.,....,ADAM8 & LUND Rodn ,., k 7 . y C. A ams ..,.t, RCA:to . . cc: The Bill Snyder Co. . . • • ..).1 * * . • . , .4" ,...s. , 1 . , • . • . . . ' . . ' , . ■ 6 ■ • 1 ^.Y A t iCa' p di Y'• .K p p 1. Nature of Proposal The conditional use is sought for a general purpose, professional and commercial office building to be located on • the site. The C-4 zone requires a conditional use for this use The primary initial tenant of the building is proposed to be the administrative offices of The Bill Snyder Co. , residential real estate brokers. The Bill Snyder Co. presently ' has over 15 branches within the metropolitan area, and the office will serve as administrative offices as well as a branch office for Tigard. It will replace the existing building used as a branch office now on the site. 2. Conformance with Comprehensive General Plan The project conforms to the comprehensive General Plan Designation for the site in that it is within an area designated y ' on the Plan as "Residential--Commercial. " The Residential-- Commercial area is intended to accommodate a range of compatible ly" office and business uses. The proposed two-story office '' building for an administrative office falls exactly into ' this type of use and will be exceedingly compatible to the overall development of the General Plan area. 3. Community Need and Public Benefit The following community needs and benefits will be provided by the conditional use and construction: A. The administrative and general office building • will provide a low traffic, commercial use along a 1 very busy highway that will not need additional direct access onto Southwest Pacific Highway. B. The administrative offices will provide approximately • 15 to 20 new administrative and clerical jobs to the Tigard community upon completion of the building. C. The attractive new structure will be of benefit to 71 the environmental impact the commercial district has upon the community. O. The structure will provide additional real property taxes to support t .F..,: schools, city, county and special districts, ;. The conditional use will fill a need for a privately owned commercial office that cannot be met in the larger tracts in the industrial area. . . Page One • • d .•. a !�+!!.- _�....- ..._. ,... ,,,. .»•�,w: .....s�,�A'�:-.`:.....c.a.u+�+r�ei".,,:ay..'i,..s�:.:�c�hiryl".°4z' J1+-alas sfaams•aeunwuarria.a.a..•c++.=n-wU-..'c..swz:n_.P:-+rte` d • • 4 . Changes That Would Justify Request The conditional use will require less traffic flow than uses allowed outright. 5. Location More Suitable This property has been owned and used by applicants for • over 10 years for a real estate office, and they now desire to construct the office building that has always been planned for the site. The use has been an outright use until the amendments to the zoning ordinance were exacted to make it a conditional use. Therefore, other sites have not been considered. However, the site has good access, all public utilities, and it is planned as requested. iApplicant is not aware of any better site. 6„ Impact Upon Adjacent Sites ' No adverse impact different from authorized uses, although the conditional use will provide less traffic , thrcugh and across easements and thus less congestion than the permitted uses. 7. Impact Upon Public Services A. The office building will provide no additional load upon the schools but will provide taxes. B. Need for additional police or fire protection is • . • C. Demand upon public utilities is no greater than the outright uses. , 9 • .• ; " i Z .■ '• d'••••', i. •6 •• . . "-N. . , 4 . ( • . • . , ..,, I . . . . : .. , ,, • . . . • ' • , 1•, '• • • • , • • • . . ■.••'' :,/.40N13 (ITAN(.1E - i:01,11)1.T.CONAL lit.03 - VARlf Al TO)3 -.TEMPORARY tir..1i., - NON-C1,ON F O1 fl[NO ., . , , . . .• . . . , • liroi, ;rrzif).;:3'1'S ... . 4 . . , . ' * .1 • 4,■ . ':Ar"I ICATTON- . • . . ' ' ' . ' Fi]r.., V C-Ll z.,'1:.7 (,' . ,.. ......... . , ..... . ..•. . Fp°.11i,o id. 4 a-?,5-,ob'' • • , • • . . •■•• ■••••••••••••••••■•,.=-•••••••••••-,,..... / ' '• 're 1 t7,11rd Plathii Ilg, COMisl i.1:411 on 6;2.9-1!ill Rec..Qipb 11_1 saqo L._ 12420 ‘TI Math. St„ Tignret, Orr,;(.11 97:-'25 - . 3)-1.t.,o Pa.:c t d._ /.0.....,gLto(0 • .,.._, . , .. •, i .. - . . ..!. - ..•• . 1"..'y jLi) . ,.. . , . . . • • ." , — . Pl"';'!!",(31.1 I-')114.e IN .11•X 0:1 TYPE •• . . .. , • •. . . . , ;. tion 71,:trr)or.;to d Conditional use for general purpose professional and , . • • ... •-----doffilae-e'alai"`Offlo-e-MI i.rdriT4----'---".'--.'-'-'--- — - '1App,li c.‘,511-1.;I s Nrlo .MA 13 , Inc e ,' and RO bert Davies ......• rn't,-0111:.......,' 29772271 . . . .—__,.......•-- ---•- _ -#_..-_ • --- •-......4.••“«.... a.. 0.., L.h•PPl•t r1;int i:3 Arldrorm 9217 S. W. Beaverton-Hillsdale Hwy. ,_Portland; OR. ' 97225 • I i . . ' ...' . ' . •"' -rti(i',7tit'j.:-1 ' -- '-*-.•'•-* - (6.11,0- ---ct7'.l'-fii...!) • '1;iip7- . . - • • •! . . • : (,) .01,.,,.;t r.1 ici.1.1Tiol.,.,.M;A11. ,,..Inci ,..' .and.RObert_Davies .. 0,3• 297-2271 • owner tr.; Addziorjs9217. S. W. Beeverton-HilIsdale Highway; •Portland,' OR 97225 * ------ •'' (6 T.t.Sr) • ,. •. Cirri-I:v:1ot ':`,1t r*INI:4(.1r XX r., )..) 11(1,1()per .1' 4`ripi..:1 r.,.011t i'' : Owner •,.., . . Other • . . * . •„.i (1',,fri In' rl'mr,‘!.::.""liiticin of r.iiiii Ulrit4')":.# 1\11-A....LB.' r, Inc. , ._ .._ ieA / 1 • ---.• ...„(... , . • • • . . x- • . • 1. „f!.: - Rober Davies, individually y •.. • Port-len Pt 1 ri i.1)1.c... f.,or go.ipl i c.:o I.;•-.. ;Aodney C. Adams , 4.1:0‘,..7-.. .../1/..k. . • ' ' - - ,' .; •._._ , _. 12500 S. ...V. callysnl.Road, Beavert ph ,,Oregg ,, ,, Oregon .9,7005_ (" ;Y) (,,,,.1 py i . . ::,p ,r2,-. 1 toi-; jrti X I',:.;(!*-i) - ''' tilkirrniq :0'01 '. • ExitAiriq ri,rilittrarpi (i'ft (,,,Ii. .. .. .,. _ . , ... ... . . - • 4.Ctirren L :,'!.r.'n'.:'ng (:."4 ,....,... _._ . _ 1,1 4/ rr p I; 11,,y, office ..,,,,.. t ppl_it-Pritt 8 . . ; -• Lpp-t t.,:rti 1(:,t 0 ' professiotial office , 11.a1.1T19 TON g il.:Q1.15! 'i.„,.•',';-.:!1•i-.:1; . 0,...Titio pipiwb "P:,,r);01,)".*0!,11., 1 ::-nEn _.... - .T11 •..., l P,: 41. )pf•'-',,n. Vtnini '1.y Itp 11'4 X li.'''.,p Pito 1 ,t,7101.- ,tiL P1 i4n 1 .-.... ... . . ., t,l't to P1 0 ti 1 . • , _.,- . - . - ' , . .'.." . . • . . . . . ' , ' , . . . , . -• 4,,, , . • . , 0 . • ' • ,. . r 1 , .. , . . . . . . . . • . I , , . . • *r. , • 1• ' • • . 4 ' • .. S. •■ cr• - — _ . . " ..•.1 I , .. . , 1-,... -L. i ;: • 1 I /- TO 6006 OR (0.66) i . . . ,A. . i ;4*;‘':::A.l'A■":A.''..:f 7-.."-=` -:1--7':-:'-.---...--• :-.- ,,....- 4 . \. % j . ,, tt • .41 ill \*-' .., • U.: . i ' I ,„,„1.0' O.. t . Premium $ 349.00 A . ., .. :, .. .,. . .. II POLICY OF TITLE INSURANCE 4 ■ *:•I'l ‘ ' 4 4 ,, i t' ISSUED BY , • i: • . , , , I. . . 1 - .o .4 . t's;,,- ' ' -, -1, Pioneer _ atonal Title Insurance Company - .. ;- ,, 4 . .. + j a California corporation, hereinafter called the Company, for a valuable consideration paid for ., • 1 this policy of title insurance, the number, date, and amount of which are shown in Schedule A, . ' • • does hereby insure the parties named as Insured in Schedule A, the heirs, devisees, personal • i representatives of such Insured, or if a corporation, its successors by dissolution, merger or con- . ' • solidation, against direct loss or damage not exceeding the amount stated in Schedule A, togetho. . ' with costs, attorneys' fees and expenses which the Company may be obligated to pay as provided :, 1 1 in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: . . Title to the land described in Schedule A being vested, at the date hereof, other- ,: wise than as herein stated; or Unmarketability, at the date hereof, of the title to said land of any vestee named , . herein, unless such unmarketability exists because of defects, liens, encumbrances, ■ A, or other matters shown or referred to in Schedule 13; or , Any defect in, or liep or encumbrance on,said title existing at the date hereof, not shown or referred to in Schedule B, or excluded from coverage in the Conditions : and Stipulations; or ; Any defect in the execution of any mortgage or deed of trust shown in Schedule B securing an indebtedness, the owner of which is insured by this policy, but only inst.), , . . far as such defect affects the lien or charge of such mortgage or deed of trust upon said land; or ' Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrahee upon said land, except as shown in Schedule B such mortgage or deed of trust being shown in the order of its priority, all subject, however, to the Conditions and Stipulations hereto annexed, which Conditions and t . , Stipulations, together with Schedules A and B are hereby made a part of this policy, , 0 • ,. This policy shall not be valid or binding until countersigned below by a validating officer of the Company. . , ( — , hi Witness Whereof, Pioneer National Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers. ( cfr7 ' ) Pioneer National Title Insurance Company V . r \ IP k t) %\. , _ , '-' by, . • PRESIDENT az,1 76r_ier,,,Astet_ Countersign ed: TITLE AND TRUST--b)VISION By_____ __K , i / L_ ,..,, ,, , ,...., .." A, I 1.4.444* S E C R ETA RY . 1 ; * 1 U ■ 4 1 A Validating Signator) • , " OP1E0ON LAND TITLE AgSOCIATION STANbAtib CO,VtiiA6E. POLICY FOPtIA ,• ,1. . r • # b I CONDITIONS AND STIPULATIONS T • (Includes those in the American Land Title Association-Owner's Policy-Standard Dorm B-1962) . 1. DEFINITION Of TERMS (c) Title to any property beyond the of process or pleadings or if the Insured The following in terms When used in this lilies of the land expressly described in shall not, in rr citing,+prriiiiptly notify the g Schedule A or title to streets, roads,nvenues, Compan}•of any defect Tien or encumbrance paliry meant lanes, ways or waterways on rchirh su4h insure) against which shall come to the bind abuts, or the right to maintain therein knowledge of the Insured or if the insured . (a) "label": the land dose uleJ, and `,tolls, tunnels, ramps or any other structure shall not,yin writing, promptly notify the eifirall}•or by reference, in Schedule A iinJ or improvement: or any rights or easements Company of any such rejection by reason of i►iipritute t a affixed thereto which by hors therein unless this policy specifically pro• claimed unmarketability of title, then all constitute real property; sides that such property. rights or easements liability of the Company in regard to the ' •• (h) "public records": those records are insured, except that if the land abuts subject matter Of such action, proceeding or • • . which impart constructive notice of matters upon one or more physically open streets or matter shill cease and terminate; provided, relating to said land; highways this policy insures the ordinary hmve\er, that failure to notify shrill in no ri►hits of abutting owners for acccss to one case prejudice the claim of any insured • (c) "knowledge": actual knowledge, ot°such streets or Highways, unless otherwise unless the Ctii o ,,iny shall be actually preju• . • • not constructive knowledge or notice which excepted or excluded herein, diced by such failure and then only to the 1. may be imputed to the Insured by reason extent of such prejudice, of any public records, (J) Defects, liens, encumbr;uices, ad• verse claims against the title as insured or (c) The Company shall have the right l •" %. (d) "date"; the effective date; ()dies; matters (I) created,suffered,assumed at its own cost to institute and prosecute any ' or agreed to by the Insured claiming, lass or action or proceeding or do any other art (e) "mortgage"; mortgage, deed of Jatnage; ur (2) known to the Insured which in its opinion may be necessary or trust, trust deed, or other security instru. Claimant either at the date of this policy or desirable to establish the title of the estate meat; and at the date such insured Claimant acquired or interest or the lien of the mortgage as • (f) "insured": the party or parties an estate or interest insured by this policy insured; Lod the Company may take any I named as Insured, and if the owner of the and not shown by the public records. unless appropriate action under the terms of this , - indebtedness secured by a tiiortgage shown disclosure thereof in writing by the Insured pi lacy whether or lot it shall be liable there- ;, ... in Schedule 13 is named as an Insured in sliail have been made to the Company prior under with shall not thereby concede liability Schedule A, the Insured shall include (I) to the date of this policy; or (;) resulting or was'e any provision of` this policy, • .0 each successor in interest in ownership of in no loss to the Insured Claimant; or (1) (cl) in all ruses where this policy per- such indebtedness, (2) any such owner who attaching or created subsequent to the date miss or requires the Company to prosecute acquires the estate or interest referred to in hereof. or pr,n ide for the defense of an} action ar • this policy by foreclosure, trustee's sale, or (e) Loss or damage which would not proceeding, the insured shall secure to it ••.• other legal manner in satisfaction of said in have been sustained it the Insured were a the tight to so prosecute or provide defense debteciness, and (0) any federal agency or purchaser or encumbrancer for tale without in such action or proceeding,and all 'appeals instrumentality which is an insurer or knowledge. therein. and permit it to use. at its option, • guarantor under an insurance contract or the name of the Insured for such purpose. , _ guaranty insuring or guaranteeing said in d, DEFtiNSE AND PROSECUTION OF AC. .\\'Iteneker requested by the Company the • debtedness, or any part thereof, whether TI0Ni--NOTICE OF CLAIM TO BE Insured shrill give the Company all reason- name to the provisions hereirihereaf not, subject (i)lV I li t THE,i INSURED able ;lid in any such action or proceeding, c otherwise Company. at its own cast and in effecting settlement, securing evidence, :, 2, BENEFITS AFTER ACQUISITION OF TITLE rr'ithout undue del:it• shall pro'ide (f) for c'biaiiiing witnesses, or prcistcutirig or de- • the defeme of the fissured in all litigation , fending such action or proceeding, and the i If an insured owner of the indebtedness consisting of actions or proceedings cont. Company shall reimburse the Insured for • secured by a mortgage described in Schedule menced against the Insured, or defenses. stn) expense so incurred. 13 acquires said estate of interest,or any port restraining orders. or intunctiors inter. 5. NOTIttE OF LOSS LIMITATION OF l ' thereof, by foreclosure, trustee's sale, or posed against a foreclosure or sale of the ACTION other legal manner in satisfaction Of said mortgage and indehtedness cnserek by this r .' indebtedness, or any part thereof. of if a polio• or a sale of the estate or interest in In addition to the notices required under federal agency or instrumentality acquires said Vaud; or (2) for such action as tii.iy be paragraphs I(h), a statement in,writ ing of . said estate or interest. or any part thereof,as appropriate to establish the title of the any Inlis or damage fu, which it is claimed . a consequence of an insurance contract or estate or interest or the lien of the mortgage the Company is liable under this policy shall : •• guaranty insuring or guaranteeing the in as insured, which litigation or action in ant. he furnished to the Company within sixty 'N .' debtedness secured by a mortgage catered of such erents is founded upon an alleged days after such loss or damage shall have, by this policy. or any part thereof. this defect, lien or encunibraii e insured against been determined and no right of action shall ... policy shall continue in farce in favor of by this policy.Lund may pursue any litigation accrue to the Insured under this policy until such Insured, agent} or instrumentality, to final determination in the court of List thirty days after such statement shall have subject to all of the conditions and stipula- resort, been furnished, and no recovery shall be lions hereof. (b) In case any such action or proceed- had by the insured under this policy unless . 3, EXCLUSIONS FROM THE COVERAGE OF ing shall be begun, or defttise interposed, action shall be conatneticed thereon within THIS POLICY or in case knowledge shall ,come to the lire •'cars after expirfitioit of said thirty day • Insure) of any claim of title at interest period. failure to furnish such statement of . •! loss or damage:, or to commence such fiction This policy clots not insure against lass which is adverse to the title of the estate or within the tittle laereinhtfure specified, shall or damage by reason of the following: interest or lien of the mortgage as insured, be a ronclusivt bite against m intcnanct by, (n) An law,ordinance or �overnmtntul of which might cause loss or damage for +� which the Company shall or may be liable the Insured of any nelson under this policy. regulation (including but.not limn ed to I } } building and toning ordinances) testrictdn g by sirtue of this policy, or if the Insured 6. OPTION fn PAY, SETTLE OR COMPRO4 shall in good faith contract to sell the NOSE CLA MS or regulating or prohibiting the occupancy, , indebtedness secured by a mortgage covered use or enjoyment of the land, or regulating by this policy or,if an Insured in good faiths The Company shall have the option to the character. dimensions, or location of any leases or contracts to sell, lease or mortgage pay or settle: or comprc►raise for or in the iniproremtnt now or hereafter erected on the same. or if the successful bidder at it name of the Insured any claim inured said land, or prohibiting a Separiation in foreclosure sale under a mortgage covered by against or to pay the full amount of this ownership or a reduction in the ditaat,t;ions this policy refuses to purchase and in policy, or, in case loss is claimed under this or area of any lot or parcel of land, any such event the title to said estate or policy by the owner of the indebtedness . (h) Governmental rights of police interest,is rejected as utimirketahle, the sectirtd 'by a mortgage Los erect by this • • • power or eminent domain unless notice of Insured shall notify the rompfins thereof in policy. the Company shall base the option . » the exercise of such rights appears in the writing. If such notice shall not he gisen to to purchase said indebtedness; such put. ' • pudic records at the date hereof, the Company within ten days of the receipt chase, payment or tender of payment of the. • (Condlfioni and Stipulation!Continued and Con iuded on tail Page of This Polity) , ' ( . 4 6 a • ... .. 71111 • SCHEDULE A Amount $ 88,00.0.00 Date April 28, 1967 At 8:00 A.M. INSURED -M. A. B. INC. , an Oregon corporation • • The fee simple title to said land is at the date hereof,vested in A. B. INC. , an Oregon corporation. • gp. • The land reierreckto in this policy is described as • PARCEL I: The South on, -haIf of Lot 11, CLUB MEADOW, Washington County, Oregon. PARCEL The-' following described portion of that tract of land in Section , 14, Township 1 South, Range 1 West, Willamette Meridian, conveyed to , P4 William D. Jamieson by deed recorded in Book 147) page 134, Washington . 7 , County, Oregon Deed Records; Beginning at the Northeast corner of said Jamieson tract being the re-entrant corner of the Southerly line of Club Meadow, a subdivision of record in said County, and running thence ' r North 85° 051 West along said subdivision line 86.47 feet; thence South '11, 00° 08 ' West 88.83 feet to the North line of Beaverton-Hillsdale Highway; thence South 88° 251 East along said Highway line, 86.19 feet to the East line of said Jamieson tracts, being also a point on the West line of - - Lot 11, Club Meadow; thence North 00° 081 East along said East line 83.8 feet to the point of beginning. PARCEL III: The following described portion of that tract of land in Section 10, Township 2 South, Range 1 West, Willamette Meridian, Washington County, Oregon) conveyed to Arthur J. Poulin, and wife) by deed re- ., corded in Book 446, page 736, Records of Washington County, Oregon: Beginning at a point on the Northwesterly line of said Poulin bract, a point gin the Easterly line of the S. IL Pacific Highway, which is South 33' 571 West 170 feet from the Northwest corner of said Poulin tracts thence South 33° 571 West along the highway line 100 feet to an iron rod; thence South 64° 181 East 225 feet; thence • North 33° 57 East 100 Peet; thence North 64° 181 West 225 feet to the aiult OP VOL I(..*. 34-A-47213 . • „ . .1 • • • , , , ' • I • 1 • • P • • • . 1 point of beginning. SUBJECT TO an easement for road and driveway purposes (not parking) over an across the Northerly ten feet of the herein described • tract. TOGETHER WITH an easement for road and driveway purposes over a strip of land ten feet in width lying Northerly and adjacent to the Northerly line of the herein described tract, and ALSO an easement for road and driveway purposes over and across that certain wedge shaped tract of land as reserved in deed to Union Oil Company of California recorded July 1, 1961, in Book 446, page 738, Records of Washington County* ALSO SUBJECT TO and TOGETHER WITH a non-exclusive easement for roadway purposes over and across the following: Beginning at the most Northerly corner of the principal tract described herein and running thence South 64° 18t East 30 feet; thence South 330 57t West parallel with the highway 182 feet, more or less, to a point on the Northerly line of that tract conveyed to Garfield R. Hubble, and wife, by deed recorded June 12, 1958, in Book 405, page 575$ Records of Washington County; thence Southwesterly to a point on the Easterly line of the • S. W. Pacific Highway which is 48 feet Southwesterly from the point at which said highway .Line is intersected by the Northerly line of the aforesaid Hubble tract; thence North 33° 571 East along the Easterly line of said highway 229.43 feet to the point of beginning. • 1)«qt, 3 of Policy No. 34-A-47213 e• ry , , 4 Oregon Land Title Association . Standard Coverage Policy R2.67 . • SCHEDULE B This policy does not insure against loss by reason of the matters shown or referred to in this Schedule except to the extent that the owner of any mortgage or deed of trust is expressly insured on page 1 of this policy. 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; pending pro- ceedings for vacating, opening or changing of streets or highways preceding entry of the ordinance or order therefor. 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 thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records; unpatented mining claims; 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. The premises herein described are within and subject to the statutory powers of the West Slope Sanitary District. (Parcels I and II. ) 6. Mortgage, including the terms and provisions thereof, executed by Premium Service Co. , a corporation of Oregon, to Portland Federal Savings and Loan Association of Portland, Oregon, a corporation, dated March 1 1967, recorded March 2, 1967, in Book 631 page 688, Records of Washington County, given to secure the payment of a note of $25,200.00. (Affects Parcels I and II. ) 7. Deed of Trust, including the term3 and provisions thereof, executed by Premium Service Company, an Oregon corporation, to • 0 ' Pioneer National Title Insurance Company, a California corporation, as Trustee, for the benefit of Ardath E. Rubble, dated March 1, 1967, March 8, 1967, in Book 632, page 438, Records of Washington County, given to secure the sum of $9,800.00. (Affects Parcels I and II. ) " 8, Restrictions in access to and from the West Side Pacific ',• Highway as imposed by deed recorded in Book 334, page 171, Deed Records, and as modified by instrument recorded August 29, 1960, in • • l ; Book 434, page 630, Deed Records. (Affects Parcel III. ) 9. An easement including the terms and provisions thereof, as contained in deed from Arthur J. Poulin, et ux, to Union Oil Company of CalC for_nLa ' a California corporation recorded July 17, 1961, in i Book 446, page 738,page Records, (Affects Parcel III. ) • 10. An easement, including. the terms• and provisions thereof, as contained in deed from Arthur J. Poulin, et ux, to Edwards Industries Inc. , an Oregon corporation, recorded November15, 1966, in. Book 622, page 83, Records of Washington County. (Affects s Parcel III. ) 34-.A-47213... a �.zay p1�;e, of policy No, ,...-con,tinued- " It 5 4 Ar. Mari. • 11. Contract of Sale, including the terms and provisions thereof, between Arthur J. Poulin and Esther L. Poulin, husband and wife, Vendors, and William D. Snyder and Rosa Lena Snyder, husband and wife, Vendees, dated March 1, 1967, recorded March 6, 1967, in • Book 632, page 2474 Records of Washington County. The Vendees interest thereunder was duly assigned of record by mesne assignments to M. A. B. Inc. , an Oregon corporation. ( Affects Parcel III. ) 6 *•.-4 • . • ' \411 , . . • V 5j 4 t 7.•1 'H • . • - - age 5 of Policy No. 34-A-47213 .' ••' .. . . • ." . „,... . 04. .,---1, ....„,. . ' . . ...-•. • • , ' . The sketch.below is made solely for the purpose of assisting in locating said premises and the Company assumes . no nobility for variations, if any, in dimensions and location ascertained by actual survey. I. . . , . Pioneer National Title insurance Company Title and Trust :Division . e , e ...,, . II `(. . CANTER BURY F . . . . 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''.- ''', ', . : 7.7.;"'":"17:734tk.-,, . ,,.., .•,,'''' • 1', 14t4)4304444.0kit44K+14C44944 "l''''' S 1 \ 2S 4800 d. 4 2 1 41goO i 0.00A c. . , • • i d. ' . ■ ▪ a a A n , R „ " . . ' CONDITIONS A , !IPULATIONS (Continued and Concluded From Reverse of Policy Face) . full amount of this policy, together with payable within thirty days thereafter, of this policy, unless a liability or valus has all costs, attorneys' fees and expenses which otherwise ise been agreed upon as to each such the Company is obli g ated hereunder to pay, B: LIABILITY NONCUMULATIVE parcel by the Company and the insured at shall terminate all liability,of the Company the time of the issuance of this policy and • hereunder. In the event, after notice of It is expressly understood that the amount shown by an express statement herein or by , claim has been given to the Company by of this policy is reduced by any amount the an endorsement attached hereto, the Insured, the Company offers to urhase Company may pay under tiny policy insuring said indebtedness, the owner of such indebt, the validity or priority of any mortgage tt), SUBROGATION UPON PAYMENT OR • edness shall transfer and assign said indebt, shown or referred to in Schedule 13 hereof SETTLEMENT • edness and the mortgage securing the same or any mortgage hereafter executed by din • to the Company upon payment of the Insured tvhirh is a charge or lien on the Whenever the Company shall have settled purchase price, estate or interest desctibed or referred to in a claim under this policy, all right of sub- Schedule A, and the amount so paid shall rogation shall vest in the Company unaffec• ' I. PAYMENT OF LOSS be deemed a payment to the Insured under fed b} any act of the Insured, and it shall this policy, The provisions of this paragraph be subrogated to and be entitled to all rights •• (a) The liability of the Company under numbered 8 shall not apply to an Insured and remedies which the Insured would have this policy shall in no case exceed, in all, owner of an indebtedness 'secured by a had against any person or property in respect the actual loss of the Insured and costs and mortgage shown in Schedule 13 unless such to such claim had this policy not been • attorneys' fees which the Company may be Insured acquires title to said estate or in- issued, If the payment does not cover the obligated hereunder to pay, terest in satisfaction of said indebtedness or loss of the Insured, the Company shall be (b) The Company will pay, in additi©n any part thereof, subrogated to such rights and remedies in to any loss insured against by this policy, 9, COINSURANCE AND APPORTIONMENT the proportion which said payment bears to • • all cost imposed upon the Insured in litiga. the amount of said loss, If loss should ' tion carried on by the Company for the (a) In the event that a partial loss result from any act of the Insured, such act Insured, and all costs and attorneys' fees in occurs after the Insured makes an improve, shall not void this policy, but the Company', litigation carried on by the Insured with the meat subsequent to the date of this policy, in that event, shall be required to pay only written authorization of the Company, and only in that event, the Insured becomes that part of any losses insured against here- . a coinsurer to the extent hereinafter set under which shall exceed the amount, if any, (c) No claim for damages shall arise or forth, lost to the Company by reason, of the be maintainable under this policy (I) if the IF the cost of the improvement exceeds impairment of the right of subrogation,The • Company, after having received notice of an Insured, if requested by the Company, shall t • tvetnt} per centum of the amount of this • excepted defect, lien herein encumbrance such policy', such proportion 11 only of any partial transfer emedies t nga the Company person origpr$npert l loss established shall be borne by the defect, lien or encumbrance within a reason' Campan} as one hundred twenty per centum necessary, in order to perfect such right of able time after receipt of such notice,or() of the amount of this penile}' bears to the subrogation, and shall permit the Company . • for liability voluntarily assumed by the to use the name of the Insured in any sum of the amount of this policy and the Insured in settling;any claim or suit without amount ex ended for the improvement. The transaction or litigation imol%ins, such • • written consent of the Company, or (3) in foregaitng f revisions shall not apply to costs rights or remedies, the event the title is rejected as unmarketable - If the insured is the owner of the indeht- ` ;und`attorneys' fees incurred by the Company because of a defect, lien or encumbrance not in prosecuting or rosidini� for the defense edness secured by a mortgage cotered by • excepted or excluded in this policy, until of ctions or proceedings�in behalf of the this policy, such Insured may release or there has been a final determination by a Insured pursuat to tlneterms of this policy substitute the personal liability of any debtor • court of competent jurisdiction sustaining or to casts imposed on the insured in such or guarantor, or extend or otherwise modify . ,;• such rejection, actions or proceedings, and shrill apply only the terms of payment, or release a portion (d) All payments under 'this policy," to that portion of losses which exceed in of the estate or interest from the licn of the I , except payments made for casts, attorneys' the aggregate ten per cent of the face of mortgage, or release any collateral security fees and expenses, shall reduce the amount the policy. for the indebtedness, protided such act does * not result in any Toss of priority of the of the insurance pro tanto and no pay m that the fnregnkn g eat Provided, however, lien of the nnnrtgage, • ; shall be made without producing this policy coinsurance provisions shall not apply to y• •. for endorsement of such payment,unless the any loss arising out of a lien or encum. 11, POLICY ENTIRE CONTRACT a policy be lost or destroyed, in which case br:unce for a liquidated :amount which exis• : ' proof of such loss or destruction shall be ted on die date of this policy and was not Any action or actions or rights of action furnished to the satisfaction of the Corn. shown in Schedule U; rind prat ided further, that the Insured may hate or may bring pant.; provided, Iiltveter, if the owner of ' such coinsurance Prot iisions shalI not apply against the Company arising out of the 4 an indebtedness secured by :l mortgage to any loss if, at the time of the occurrence status of the lien of the mortgage covered , shown in Schedule l3 is an Insured herein of such loss, the then %aloe of the premises, by this policy or the title of the estate or r then such payments shall not reduce pro as sag improved. does not exceed one hun• interest insured herein must be based on tanto the amount of the insurance afforded dred twenty our centum of the amount of the provisions of this policy. hereunder as to such Insured, eicept to the this policy. No protksion or condition of this policy extent that such payments ret;uce the amount can be waited or changed except by tt•riting, of the indebtedness secured by such mutt- (Ill if the land described or referred to endorsed hereon or attachr�t hereto signed gage. Payment in full by ant person or in Schedule A is divisible into separate sand b} the President. a Vice President. the Sec• i.r voluntary satisfaction or release by the In noncontiguous parcels, or it contiguous'and rrt,ar}, an Assistant Secretary or other t°all sured of a mortgage covered by this policy such parcels are not USad ,IS tine Single site, dating officer of the Company. shall terminate all liability of the (-moat". a more of said established affecting one or ^ •• and a Inns k, parcels bit not all the loss WHERE SENT • to the insured owner of the indebtedness p' � i.., NOTICES, • secured by such mortgage, except as pro shall be computed and settled on it pro rata tided in paragraph w hereof, basis its it the face amount of the policy was All notices required to be given the Com. s, di%ided pro rata as to the value on the date tiany and am• statement in writing required . ) (e) When liability has been delinintely of this policy of each separate independent to be furnished the Company shall be ad- . fixed in aecordgaince with the conditions of parcel to the whole, exclusive of any dressed to it at its division otlice whose tires- this policy the loss or damage shall be impros ements made subsequent to the date ent address Is shown hereon. 7 9 . Pioneer National Title Insurance Company + 1LF AND TUTiVISIUN 81i Southwest 4th Avi;nuo Portkdtid,'Oregon 97264 W y' ;� '•' POLICY r,r I r,. Il 'OF �Y . I INSURANCE it k 1 l' <I • n , ,Issuing clfCe 1 `' Title and Trust Division 1 1 f Providing direct title services or referral services i t By throughout the United States and the territory , .'. WaHhington County Branch• of Guam, f, Beavort r1,�(J Oregon Lombard 97005 ' ` "1 El '' ;.1 ri r I' ' 1 { t, Pioneer National Title Insurance Company i;, YTotno Office 433 South Spring Street, Los Angeles California 90054 t-.v........v. {l�i..,e.+ra�..0.....�Ar..s P...�A.�1.aW..r•ru...`i.�LLrF.Li� "�6AW �:J1tYL.,+k..r,wj • 's ,r . ,l 1 T i ' • ■ 4:ii . ' . Y • r ly • crud..._.. • ♦ 1 -,r.♦..♦w..»!Ibt. rwsfuJ.':a p . • TO 1529 PNTI(4-72) OR �' , r S.rM.rr-..»-;fis+iy'T",f•-,- +n�l�r.,-" .'rte r , .rorrty rr5"+'^:C v ' r� •any,..,..-::1 ,7 ya......J T.c4. Y",s '''"fit • ' 1 r,_'...5,:=.:iw;ei..r.wi.,;:.=..:,—tsrp�.qul;g..ir,:.;.,:y%►♦ni:�.=.,:=!• •-Y,z,74 awi-,.a,.r•w�.....w f •- 4 rr _..a...,,,-„,,,..:�S�irwua r..---.:.:...w .:...:.s o.,:-,z; +c»�`isipx:s •;,,. re-,.,,, 1 r� :!i,1t �,.fir++-• .�y a,.,v' • , •Y.�.6.0,e ge.wit! ., I,• �l � ,: Premium $ 0. 0 '`�;a' r -ral'. POLICY OF TITLE INSURANCE ' ISSUED BY ;' l. i • Id t 1. �' Pioneer National Title Insurance )q f., i ,, S f,,rit':„ ,. . ''r,' a California corporation, hereinafter called the Company, for a valuable consideration paid for '• ' +,J this policy of title insurance, the number, date, and amount of which are shown in Schedule A, '' ,,' does hereby insure the parties named as Insured in Schedule A, the heirs devisees ersonal "* • ;: ; representatives of such Insured, or if a corporation, its successors by dissolution, merger or con- . r. solidation, against direct loss or damage not exceeding the amount stated in Schedule A, together i • — I with costs, attorneys' fees and expenses which the Company may be obligated to pay as provided ''.' y p P y y g p Y p 1 in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: ' iy . ',rat 'title to the land described in Schedule A being vested, at the date hereof, other- • i' wise than as herein stated; or ;'iY Unmarketability, at the date hereof, of the title to said land of any vestee named ,.,;1 herein, unless such unmarketability exists because of defects, liens, encumbrances, p.. ., 'j, or other matters shown or referred to in Schedule B; or , :1 t:, • Any defect in, or. lien or encumbrance on,said title existing at the date hereof, not .atilt; shown or referred to in Schedule B, or excluded from coverage in the Conditions . . ' i ;�I • and Stipulations; or N , ; . l • •1 Any defect in the execution of any mortgage or deed of trust shown in Schedule B . securing an indebtedness, the owner of whir:li it inst.tred by this policy, but only inso- •, • `•• `' far as such defect affects the lien or charge of such mortgage or deed of trust upon I ,.i - said land; or n Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or ° ; • ” encumbrance'upon said land, excr pt as shown'a Schedule B such mortgage or deed I.' of trust being shown in the order °)f its priority, • ”. '` all subject, however, to the Conditions and Stipulations hereto annexed, which Conditions and •J; Stipulations, together with Schedules A and B are hereby made a part of this policy, .1 P F'i: This policy shall not be valid or binding until'countersigned below by a validating officer of the Company, • d ", 1 !ti Witness hereof, Pioneer National Title Insurance Company has .'• caused its corporate name and seal to be hereunto affixed by its duly , tl • . Y • authorized officers, , • f Pioneer National Title Insurance Company ..) 0 : 1\bi .. . ... (y--- - , ..OGL-4,--te) ca . , , ; i�Rsitivx . Attest; i p . Countersigned; TITLE AND TRUST DIVISION s �It xAwt 1 . . , . ; • ,,,,/ : / ,,,,,- , g„ i J r" / 'Validating Signatory 1 r • . , 4 W .` n '. " • t ..♦. ,i a.. .>-. 'M :. ,. n.-,.y a a..,-:. ,-. ., e • n.. s . .. ' _ .-. _.z..x a . Ja.r.A A_♦... 4.n... v . x.xa a - . s..ee ..... ..a.. d, i.L.. .. v•....w:.. e,..R. _a A.� ..._�.a..wa A -Y.... .0 nn_.. .+..w.. ..>. ..+wi,,:y.F w, mp;. -,..a..> w.. .: .... :a,J.w RATING l UREAU FOR TITLE COMI'ANI E S IN OREGON STANDARD COVERAGE POLICY FORM b . a ..r ...a..:.-t...+. i , . a' '.,• ' v . • • ill •• CONDITIONS AND STIPULATIONS (Includes those in the American Land Title Association-Owner's Policy-Standard Form B-1962) "� 1, DEFINITION OF TERMS Schedule A or title to streets,roads,avenues, the Company within ten days of the receipt lanes, ways (5r waterways on which such of process or pleadings or if the Insured The following terms when used in this land abuts, or the right to maintain therein shall not, in writing, promptly notify the policy meant vaults,tunnels,ramps or any other structure Company of any defect,lien or encumbrance (a). "land": the land described, spe- or improvement; or any rights or easements insured against which shall come to the .... cifically or by reference, in Schedule A and therein unless this policy specifically pro- knowledge of the Insured, or if the Insured improvements affixed thereto which by law vides that such propert+e rights or easements shall not in writing, promptly notify the constitute real property; are insured, except that if the land abuts Company of any such rejection by reason of upon one or more physically open streets or claimed unmarketability of title, then all ' ' t;b) "public records": those records highways this policy insures the ordinary liability of the Company in regard to the • which impart constructive notice of matters rights of abutting owners for access to one subject matter of such action, proceeding or relating to said land; of such streets or highways,unless otherwise matter shall cease and terminate; provided, • • ' (c) "knowledge": actual knowledge, excepted or excluded herein, however, that failure to notify shall in no g (d) Defects, liens, encumbrances, ad- case prejudice the claim of any Insured • not constructive knowledge or notice which •' unless the Company shall be actually preju= • may be imputed to the Insured by reason verse claims against the title as insured or diced by such failure and then only to the • of any public records; other matters (1) created,suffered,assumed extent of such prejudice. (d) "date": the effective date; or agreed to by the Insured claiming loss or damage; or (2) known to the Insured (c) The Company shall have the right • (e) "mortgage': mortgage, deed of Claimant either at the date of this policy or at its own cost to institute and prosecute any merit, andt deed, or other security instru• at the date such Insured Claimant acquired action or proteeding or do any other act • an estate or interest insured by this policy which in its uninion may be necessary or " (f) "insured' : the party or parties and not shown by the public records,unless desirable to establish the title of the estate • named as Insured, and if the owner of the disclosure thereof in writing by the Insured or interest or the lien of the mortgage as indebtedness secured by a mortgage; shown shall have been made to the Company prior Insured; and the Company' may take any . to the date of this policy; or (3) resulting appropriate action under the terms of this ' in Schedule B is named as an Insured in in no loss to the Insured Claimant; or (4) policy whether or not it shall be liable there- . • Schedule A, the Insured shall include (1) attaching or treated subsequent to the date under and shall not thereby concede liability each successor In interest in ownership of hereof, or waive any provision of this policy, • ' such indebtedness, (2) any such owner who • g` acquires the estate or interest referred to in (e) Loss or damage which would not (d) In all cases where this policy per- this policy by foreclosure, trustee's sale, or have been sustained if the Insured were a mits or requiees the Company to prosecute • other legal manner in satisfaction of said in- purchaser or encumbrancer for value without or provide for the defense of any action or • debtedness, and (3) any federal agency or knowledge, proceeding, the Insured shall secure to it " instrumentality which is an insurer or the right to so prosecute or provide defense ,t II, guarantor under an insurance contract or (t) Usury or claims of usury, in such action or proceeding,and all appeals • • guaranty nsuring or guaranteeing id in- "Consumer credit " therein, and ermit it to use, at its option, y !, (g) protection, p p • ' ebtedness, or any part thereof, whether "truth-in-lending," or similar law, the name of the Insured for such purpose, •i • named as an Insured herein or not, subject Whenever requested by the Company the . otherwise to the provisions hereof, 4, DEFENSE AND ,'AOSECUTION OF AC- Insured shall give the Company all reason- • x, 'BENEFITS AFTER ACQUISITION OF TITLE TIONS — NOTICE OF CLAIM TO BE able aid in any such action or proceeding, GIVEN BY THE INSURED In effecting settlement, securing evidence, • If an Insured owner of the indt`�tedness obtaining witnesses, or prosecuting or de- secured by a mortgage described in Schedule ta, The Company, at its owtt cost and fending; such action or proc:eedinr, and the A aequlr y said estate or interest,or any part without undue delay shall provide (1) for Company shall reimburse the Insured for , thereof, by d estate foreclosure, trustee's sale, or the defense of the Insured in all litigation any expense so incurred. other legal manner in satisfaction of said consisting of actions or proceedings cam- indebtedness, or any part thereof, or if a rnenerd against the Insured, or defenses, S. NOTICE OF LOSS -•- LIMITATION OF federal agency or Instrumentality acquires restraining orders, or injunctions inter- ACTION said estate or interest,or any part thereof,as posed against a foreclosure or sale of the mortgage and indebtedness covered by this In addition to the notices required under a consequence insuring of an insurance contract or olio or a sale of the estate or interest in paragraph q p � �4(b), a statement in writing of guaranty t; guaranteeing, the its- said land; or (2) for such action as may be any loss or damage for which it is claimed • debtedness secured by a mortgage covered the root any is liable under this alit"shall by this policy, or•any part thereof, this appropriate to establish the title of the be furnished to the Company within sixty olio shall continue in force in favor of estate or interest or the lien of the mortgage p } } policy days after such loss or damage shall have such Insuted, agency or instrumentality, insured, which is litigation or action in d been determined and no right of action shall subject to all of the conditions and stipula• defect, lien or encumbrance insured against accrue to the Insured under this polity until J.dons EXCLUSIONS FROM THE COVERAGE OF to tinalpdete urination to the court of last been furnished,'and no recovery pot shall l be by this policy,and may pursue any litigation thirty } , . shall be • Tests bOLiCY resort, had by the Insured under this policy unless action shall be commenced thereon within (b) In case any such action or proceed- This years after expiration of said thirty da or damage reason not Insure against 1 ih loss } } } This policy does 1r►g shall be begun, or defense interposed, period, Failure to furnish such statement of g of the following: or itt case knowledge shall come to the l (a). Any law,ordinance or governmental Insured of an claim of title or interest loss within damage,or to befos commence such,shoe Y vvitliin the time hereinbeiare specified,shall regulation (including but not limited to which is adverse to the title of the estate or be a conclusive bar against maintenance by building and zoning ordinances) restricting interest or lien of the mortgage a3 insured, the Insured of any action under this policy, or regulating or prohibiting the occupancy, or which might cause loss or damage for use or enjoyment of the land, or regulating which the Company shall or may be liable 6, OPTION TO PAY, SETTLE OR COMPRO- the character,dimensions,or location of any by virtue of this policy, or If the Insured MISS CLAIMS improvement now or hereafter erected on shall in good faith contract to sell the said land, or prohibiting a separation in indebtedness secured by a mortgage covered The Company shall have the option to or area ownership or a reduction in the dimensions by this policy or,If an Insured in good faith pay or settle or compromise for or in the of y or parcel of land, leases or contracts to sell, lease or mortgage name of the Insured any claim insured • ea o an rot foreclosure sale under a mortgage�e covered by alit or, in case loss is claimed under this �'� (b) Governmental rights of police the same., or if the successful bidder at a against or to pay the full iniuui,t power or eminent domain unless notice of g g y p }, a this the exercise of such rights appears in the this policy refuses to purchase and in policy by the owner of the indebtedness public records at the date hereof, any such event the title to said estate or secured by a mortgai,e covered by this interest Is rejected as unmarketable, the policy, the Company shall have the option (c) Title to any property beyond the Insured shall notify the Company thereof iti to purchase said indebtedness; such put= , ` lines of the land expressly described in writing. If such notice shall not be given to chase, payment or tender of payment of the (Condltlot,- (nd slloulationi Continued and Concluded on Last Page a, ,this Polley) * r u ' rt ,a • F • • • • 9 SCHEDULE A Amount S 12 ,000.00 Date December ' 9 , 1973 At 8:00 A.M. '41 INSURED ROBERT M. DAVIES The estate or interest referred to herein is,at the date hereof, vested but ROBERT M. DAVIES- — The land referred to fit this policy is described as Beginning at the Northeast corner of Section 10, Township 2 South, Range 1 West, of the Willamette Meridian, City of Tigard , Washing- . ton County , Oregon, thence South 00°391 West 30,00 feet to a point on the south right-of-way line of S.W. McDonald Street; thence Westerly along said road 174. 91 feet to a 5/8 inch iron rod at the most northerly northwest corner of that parcel of land deeded to Edwards Industries , recorded in Book 622 , oac.e 83 of the records of ' • Washington County , Oregon; thence South 00 39 ' West 174, 95 feet along the west line of said Edwares parcel to a 5/8inch iron rod; , thence North 89° 511 33" West 129, 75 feet along the northerly line of said Edwards parcel to a 5/8 inch iron rod whicL point is the true point of beginning of the herein described tract. b ' ' Thence South 51°46150" West 90. 14 feet to a 5/8 inch iron roe; thence North 64°18130" West 25 .02 feet to a 5/3 inch iron rod bens. the most westerly northwest corner of said Edwards parcel; thence re 0 /0 ' South 33°56140 West 1 ) 0.00 feet to a Inch iron rod as the north- hk east corner of that parcel of land as described, in Modification of Contract of Sale from Arthur J. Poulin and Esther L. Poulin, husband and wife , to S.A.B. Inc . , dated July 14, 1972 , and recorded in Book 877 , page 676 , Deed Records , Washington County , Oregon; thence North 4 64°18130" West 224. 95 feet alo the north line of saie parcel to a • ng brass screw in lead in concrete driveway at the northest corner of said N.A.B, parcel also bein3 the southerly right-of-t;ay of J .W. ) k Pacific (State) 1.11.hway; thence Vorth 33°57 ' Last 10,00 feet along 1,0 the southerly line of saie Pacific al.,;hway to a concrete nail in concrete driveway, at the southwesterly corner of that parcel of lan0 deed to Union Oil Company of California in Book 446 ) page 73 , and 739 of the records of Washington County , Oregon; thence South 6!).° 13 ' 50" East 112 , 93 feet along the southerly line of said Union Oil parcel to a 3/4 inch iron pipe at the southeast corner (,).' said Union PAdt 2 OP PULICY No. 34A-66892 continuee . , , 0,,c 411111111M1h. Description continued. . . • Oil parcel; thence North 31°47 ' East 82 . 65 feet along the easterly line of said Union Oil parcel to a 5/8 inch iron rod; thence South 63°53 '30" East 167 .89 feet to the true point of beginning. 4 TOGETHER WITH an easement for ingress and egress from the property conveyed herein across the paved parking areas of the following des- cribed property to and from S. W. McDonald Street: Beginning at the Northeast corner of Section 10, Township 2 South, Range 1 West of the Willamette Hereidian, City of Tigard , Washington County , Oregon; thence 3outh 00° 30' West 30.00 feet to a point on the south right-of-way line of S .W. McDonald Street; thence westerly along said road 174. 91 feet to a 5/8 inch iron rod at the most northerly northwest corner of that parcel of land deeded to Edwards, Industries recorded in Book 622 , page 33 of the records of Washington County, Oregon; thence South 000 39 West 174, 95 feet along the west line of said Edwards parcel to a 5/8 inch iron rod; thence North 89° 51' 33" West 123 . 75 feet along the northerly line of said Edwards parcel to a point;, which point is the true point of beginning of the herein described tract: tt Thence North 89° 51' 33 West 1.00 feet to a 5/8 inch iron rod; thence North 63°53 ' 30" West 167 .39 feet to a 5/8 inch iron rod on the easter- . ly line of that parcel of land deeded to Union Oil Company of California in Book 446 'pao.e 738 and 739 , Deed Records of Washington County, Oregon; ) t ) thence North 31 47 East 119. 10 feet alonL; the easterly line of said 11,j1=na.W81=1'(atM Tr31.C71.11.t4rolntigc.181= Tourt1=71-.Inf(gtc') .; ILence South 89° 53 ' East 90.00 feet along the southerly right-of-way of S .W. McDonald Street to a 5/3 inch iron rod; thence South 89 53 f OP Last. 1.00 feet along the southerly right-of-way of said S .W, McDonald Street to a point; thence South 00° 39' 10" West 175 .01 feet to the true point of beginning, ALSO TOGETI1ER WITH a non-exclusive easement for rcadway purposes over and across the following describe'd parcel of 1.0111'4.4: Beginning at the southwest corner of that tract of land deeded to Union Oil Company of California recorded in Book 446 , page 738 an 739 , Deed Records , Washinaton County , Dregon; thence North 33° 57 East 20.00 feet alone,- the Wesc line of said Union Oil tract to a point; ) thence Southeasterly to a point that is on the south line of said Union Oil Company parcel south 64oa83Ot Last 33,00 feet from the Southwest corner of said Union Oil parcel; thence North 64'13 '30" West 30.00 feet to the place of beginnin3. ----------------------- • Page 3 of Policy No 34A-i66892 • :. Standard Coverage Policy • SCHEDULE A--Continued The estate or interest in the land described in this schedule is: a fee.----- air : SCHEDULE B This policy does not insure against loss by reason of the matters shown or referred to in this Schedule except to the extent that the owner of any mortgage or deed of trust is expressly insured on page 1 of this policy. ' 1. Taxes or assessments which are not shown as existing liens b y the records of an y taxing authority • that Ievies taxes or assessments on rca1 property or by the public records; pending proceedings for vacating,opening or changing of streets or highways preceding entry of the ordinance or order therefor. • 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 thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records; • uttpatcnted mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof;water rights, claims or title to water, 4. Discrepan ties,conflicts in boundary lines,shortage in area,encroachments or any other facts which a correct survey would disclose. 5, The premises herein described are within and subject to the statutory powers, including the power of assessment of the Unified Sewerage Agency of Washington County, a municipal corporation. 6. An easement, including the terms and provisions thereof, for . road and driveway purposes being 10 feet in width across the most Southerly line of said parcel , as stated in deed to Edwards In- , dustries, recorded in Book 622, page 83, beet. Records , Washington County, Oregon. 7, An easement; including the terms and provisions thereof, for road and driveway purposes over and across the most Westerly por- tion of the parcel insured as recorded in Book 446, pave 733, records � , of Washington County, deeded to Union Oil Company of California. Easement, Including the and provisions thereof, forroadand dreway purposes lUfe� in width along .. the Southerly line of said parcel as described in that modification of Contract of Sale from Arthur J . Poulin and Esther L Poulin to 'z: A . 8 . Ind. , dated July 34 . 1972 recorded in Book 877, page 676 Records of Washington County. 9 . Restrict ions on access to and from West side Pacific Highway , as imposed by deed recorded in Book 334, page 171, Deed Records of Washington County, Orer`on, as modified by instrument recorded August I / 9 , gt, in Book 434, .page 630, Deed Records . 10 , basement, including thk terms and •'provisions thereof, for in • press, egress and parking as reserved in Deed from The Southland corporation, a Texas corporation, to Robert M. navies , recorded 4 January 1 , 1973, in Book 956, page 944 , --------- ' Re cords of Washington County , PAGE or POLICY IJCr V b L 9 2 p' '-. .: .._.ter... .. ,..,, ... '.."-„ .......-..m••• Immi••w.•Nms•xl•,mm••g,gn'l 0 , uu ■ . The sketch below is made solely for the purpose of assisting in locating said premises and the Company assumes ' no liability for variations, if any, in dimensions and location ascertained by actual survey. . Pioneer National Title Insurance Company Title and Trust Division It,..,. SEE MAP • "1/(444 0 . 2S 1 3DD J I 001 p,a • '9 2 ., �o a N69°25'E r sJ.��. �(✓ DOM1JA .D JCT� 1 9(�('; 96 so' W ti 159.11 :. d"5"fdc, ir, `$ ?00 * ;20 f zoo 5..�so 104 ti w d :OtlAc, 61'5`..- �.. 1(? l 0 76A . l00 �I ,gb 8(�0 �' roo. r 55AC, N 'sp+ 076Ac. _ o • 1200 s ,,, I _ � , �• -- -- 101 0.65A e. A+ %.5 .� 665,5 �i n 1 300 r� �,o• v I,65Ac. PM M 203 64a SS E`', eS 1•AX LUt 1101 CANCELLE `',¢ cy .5�.1C. /04; ; a 1 tfe0 '.t ?.?,3 aS4• 41.00, 4701,itsx),40C �,&a ! e\ '7 ' r30 4602,1801,IU02 No ' a /�f`,` 1 116' `19�':`' /7 l 4 300 - •) • ■ `..72 AC. `64* ''qi'40"') A� W 202 • h 0 301 Asa°assn °o�s l ' `� ti I u:Ac N 0) `n ,904x. 6). `f `$3 , p m �w I4OO , ' e5 .1a ov II Io.�l.�t. s 550 c 2TI4z '" cb• 7 0.974,e, !/�L I. 2 ry I. ` w p .h IF a" . . 367. o {ti 4°16'E 242' ti d, '4-,:` '--*'#42.4' ,,, ......'' — 2b7.•e .A 200` " `..BOO' r'1 r 7 j``a• LJ. R .4\/ 50t 1 502 1 ▪ 1" J 5.66A c. c.J7Ac, 501 ,tee 1 1 r • {' , � � `` 500 Ml ( I ja r " `, fio A ` 9 l 600 0 MI .1.9IAe. 4, 7 r 10 e tO(C .No.11891) 6' 1 \ - l...r. \ ,,,, ,, ., L—.1 crm 6 ' 1 . . l 1 :q' �'� gene v _ (DC) . err _0�... `�u�I SEE MAP • .• "."."""., 4'Af fYrt b 4c•:r/7i4 20 4y:....--2:.. .,.... .....E..... -;.,..',. i ........31.!. .l.�r 1i I.a+a iira:�t: „. x.r r+.N.wa.. ... u..+..,..4;.+...�....�-' 4...- dx o S I 11 .h Ora, is,6. . i —........./— . • , • ,e....+n.w.y�.,:.d..W N� Y,1i4k14 'a.i<1.1yi:..+' +Y,.� +1wA+ ..FaS.A' .ia+YM"..i.vil..]6.viG57G{.'Y�.�e.•■ °•C!.vi.•+ �imx4xy. 1 CONDITIONS AND.STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) , d full amount of this policy, together with 8, LIABILITY NONCUMULATIVE parcel by the Company and the Insured at all costs,attorneys' fees and expenses which the time of the issuance of this policy and i the Company is obligated hereunder to pay, It s expressly understood that the amount shown by an express statement herein or by shall terminate all liability of the Company of this policy is reduced by any amount the an endorsement attached hereto. hereunder. In the event after notice of Company may pay under any policy insuring • claim has been given to the Company by the validity or priority of any mortgage 10, SUBROGATION UPON PAYMENT OR the Insured,the Compaq offers to purchase shown or referred to in Schedule B hereof SETTLEMENT said indebtedness,the owner of such indebt- or any mortgage hereafter executed by the edness shall transfer and assign said indebt- Insured which is a charge or lien on the Whenever the Company shall have settled ' estate or interest described or referred to in a claim under this policy, all right of sub• edness and the mortgage securing the same g to the Company upon payment of the Schedule A, and the amount so paid shall rogation shall vest in the Company unaf- purchase price. be deemed a payment to the Insured under fected by any act of the Insured,and it shall this policy.The provisions of this paragraph be subrogated to and be entitled to all rights •, 7, PAYMENT OF LOSS numbered 8 shall not apply to an Insured and remedies which the Insured would have owner of an indebtedness secured by a had against any person or property in respect (a) The liability of the Company under mortgage shown in Schedule B unless such to such claim had this policy not been this policy shall in no case exceed, in all Insured acquires title to said estate or in issued, If the payment does not cover the the actual loss of the Insured and costs and terest in satisfaction of said indebtedness or loss of the Insured, the Company shall be attorneys' fees which the Company may be any part thereof, subrogated to such rights and remedies in • obligated hereunder to pay, the proportion which said payment bears to • (b) Thc,Gompany will pay,in addition 9, COINSURANCE AND APPORTIONMENT the amount of said loss. If loss should to any loss insured against by this policy, result from any act of the Insured, such act all any imposed upon against Insured this policy, (a) In the event that a partial loss shall not void this policy, but the Company, occurs after the Insured makes an improve- in that event,shall be required to a y only t,on carried on by the Company for the ment subsequent to the date of this policy, that part of any losses insured against here ' Insured, and all costs and attorneys' fees in and only in that event,the Insured becomes under which shall exceed the amount if any litigation carried on by the Insured with the a coinsurer to the extent hereinafter set lost to the Company by reason 'of the written authorization of the Coinpany. forth, impairment of the right of subrogation.The (c) No claim for damages shall arise or If the cost of the improvement exceeds Insured, if requested by the Company,shall be maintainable under this policy (1) if the twenty per centum of the amount of this transfer to the Company all rights and Company after having received notice of an policy, such proportion only of any partial remedies against any person or property � alleged defect, lien or encumbrance not loss established shall be borne by the necessary in order to perfect such right of , excepted or excluded herein removes such Company as one hundred twenty per centum subrogation, and shall permit the Company defect,lien.or encumbrance within a reason- of the amount of this policy beats to the to use the name of the Insured in any able time after receipt of such notice,or (2) sum of the amount of this policy and the transaction or litigation involving such • • for liability voluntarily assumed by the amount expended for the improvement,The rights or remedies, Insured in settling any claim or suit without foregoing provisions shall not apply to costs If the Insured is the owner of the indebt• ' written cotr,sent of the Company, or (3) in and attorneys'fees Incurred by the Company edness secured by a mortgage covered by the event the title Is rejected as unmarketable in prosecuting or providing for the defense this policy, such Insured may release or because of.a defect,lien or encumbrance not of actions or proceedings in behalf of the substitute the personal liability of any debtor i excepted or excluded in this policy, until Insured pursuant to the terms of this policy or guarantor,or extend or otherwise modify there has been a final determination by a , or to costs imposed on the Insured in such the terms of payment, or release a portion f, court of competent jurisdiction sustaining actions or proceedings,and shall apply only of the estate or interest from the lien of the , such rejection. to that portion of losses which exceed in mortgage, or release any collateral security : , payments under this policy, the aggregate ten per cent of the face of for the indebtedness,provided such act does (d) All payments • except payments made for costs, attorneys' the policy, not result in any loss of priority of the fees and expenses, shall reduce the amount Provided, however, that the foregoing lien of the mortgage, . of the insurance pro Canto and no payment coinsurance provisions shall not apply to 11 POLICY ENTIRE CONTRACT for endorsement of such payment unless the any loss arising out of a lien or encum, policy be lost r p e brance for a liquidated amount which existed t a destroyed, i which on the date of this policy .and was riot Any action or actions or rights of bring shall a be ma made without producing ucin this policy ,. p f , h wh ch cos p Y that the Insured may have or may bring • destruction shall be shown In Schedule$; and provided further, against the Company arising out +of the such coinsurance provisions shall not apply furnished of the Corn, , p pp y status of the lien of the mortgage covered proof of such loss or destr pany; , if the owner of to any loss if, at the time of the occurrence by this policy or the title of he estate or an indebtedness secured by it mortgage of such loss, the then value of the premises, shown in Schedule B is an Insured herein as so improved, does not exceed one hun• the provisions insured herein must be based on then such payments died tweet the provisions of this policy, payments shall not reduce pro y pet centum of the amount of No provision or condition of this policy tanto the amount of the insurance afforded this policy, can be waived or changed except by writing ' hereunder as to such Insured, except to the endorsed hereon or attached hereto signed extent that such payments reduce the amount (b) If the land described of referred and to by the President, a Vice President, the Sec• of the indebtedness secured by such more ,'h nntiuuaus lsartt is i o�r E contiguous separate and dating an A istant Secretary or other vali- gage, Payment in full by any y person or such parcels are not used as o ne single site, dating an Ass of the Company, voluntary satisfaction or release by the In. 1 g shall terminate mortgage covered of b the Company m reaofosaid arcellssbu�t n of caill the a loss 12, NOTICES, WHERE SENT Loss :' y p 1 shall be computed ad settled on a pro rata All ttotiaes required to be given the to the insured owner of indebtedness ass g • secured by such mortgage,the except as pro, basis as if the face amount of the policy was Company and any statement in writing vided in by 2 hereof, divided pro tats as to the value on the date required. to be furnished the Company of this policy of each separate independent shall include the number of this policy (e) When liability has been definitely parcel to the whole, exclusive of any and shrill be addressed to it at the of- ' fixed in accordance with the conditions of improvements made subsequent to the date nee which issued this policy or to its .1 a this policy the loss 'or damage shall be of this policy, unless a liability or value has Horne Office, Claims Department, 433 payable within thirty clays thereafter, otherwise been agreed upon as to each such. South Spring Street, Los Angeles, Cali- fornia 90013, Pioneer National Title In. urce Company HOME OFFICE ` 433 South Spring Shoot r Loa AL190105#CalIfort Its 90013 • r ._.____. r-�-.a'.ra.:cs:::s:.::..:c ...w ....'a•...�mz.:r,. q. a-.. .... om.>�argwv:/;7.dww..c•'_+>+.«w.,rt.« .° •hn....-.w.-;.�..-ra_::;,5 • .t wr r..........�.. ,.,..�,..''_•.,..,• •. .,• ' . „.:,4.. . .r . e • ...,. , Y, Y,r-I.. 4. • . µu ..t 4�� .f,. ♦r^" �ST�T. �� -7,9, r4., of' ,,,,,#,,f;" ' . . ni , p. , ;, POLICY . ,,, ; 4 lri ' OF �7; • At {I 'ypp t ,a ! f A TIC.LE r 2'/ 7•' L` INSURANCE .,� yi" h tt rY iy i Providing direct title services or referral , " . 'Y r ;r services throughout the United States, t U ., the territory of Guam, Commonwealth of d "" Puerto Rico and U,S, Virgin Islands, " ,, Issuing Office ' V , 1: e Oregon Division 1 E. By . I ., r" Washington County Branch t' r'` " .0 4450 S.W.Lombard Avenue .•' i P.O.Box 38 Beaverton,Oregon 07005 • . 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