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13.
<br />14.
<br />15.
<br />Line of Credit Deed of Trust, including the terms and provision thereof, executed by Roland R.
<br />Korinek and Patricia E. Busch, each as to an undivided 1/2 interest, as Grantor(s), to Group 9,
<br />Inc., as Trustee, for the benefit of Mortgage Electronic Registration Systems, Inc. (MERS) as
<br />nominee for Washington Mutual Bank, as Beneficiary, Dated May 31, 2007, Recorded June 13,
<br />2007, Reception No. 2007-040125, Official Records of Lane County, Oregon, given to secure
<br />payment of a Note for $440,000.00.
<br />NOTE: Mortgage from Roland R. Korinek and Patricia E. Busch, each as to an undivided 1/2
<br />interest, to Washington Mutual Bank, Recorded June 13, 2007, securing a note in the original
<br />principal sum of $440,000.00, and other obligations described herein. This mortgage secures an
<br />equity line of credit and/or revolving loan. The Company requires a satisfactory written statement
<br />from the existing lender confirming: (a) the payoff amount, (b) the line of credit has been closed,
<br />and no further draws/advances will be permitted and/or the right to future advances has been
<br />terminated, and (c) agreeing to deliver a full satisfaction/release upon payment of the outstanding
<br />balance.
<br />Line of Credit Deed of Trust, including the terms and provision thereof, executed by Roland R.
<br />Korinek, as Grantor(s), to Western Title & Escrow, as Trustee, for the benefit of SELCO
<br />Community Credit Union, as Beneficiary, Dated June 7, 2018, Recorded June 12, 2018,
<br />Reception No. 2018-026522, Official Records of Lane County, Oregon, given to secure payment
<br />of a Note for $25,000.00.
<br />NOTE: Mortgage from Roland R. Korinek, to SELCO Community Credit Union, Recorded June
<br />12, 2018, securing a note in the original principal sum of $25,000.00, and other obligations
<br />described herein. This mortgage secures an equity line of credit and/or revolving loan. The
<br />Company requires a satisfactory written statement from the existing lender confirming: (a) the
<br />payoff amount, (b) the line of credit has been closed, and no further draws/advances will be
<br />permitted and/or the right to future advances has been terminated, and (c) agreeing to deliver a
<br />full satisfaction/release upon payment of the outstanding balance.
<br />ORS 92.012 requires that any division of an existing parcel is a partition requiring Governmental
<br />approval. Title Insurance coverage does not include assurances that any lot conveyed is a legal
<br />lot for planning purposes. Therefore, if the proposed transaction includes a division of an existing
<br />parcel, you should consult with the applicable planning authority as to any requirements they may
<br />have as to the proposed transaction.
<br />none were found.
<br />NOTE: SUPPLEMENTED TO ADD EXCEPTIONS 7-13 AND ADD NEW LEGAL DESCRIPTION.
<br />Very truly yours,
<br />EVERGREEN LAND TITLE COMPANY
<br />HOME OFFICE
<br />By:
<br />Andrew Rollins
<br />Title Officer
<br />cc:
<br />NO LIABILITY IS ASSUMED HEREUNDER UNTIL POLICY IS ISSUED AND PREMIUM PAID. IF FOR
<br />ANY REASON THE REPORT IS CANCELLED, A MINIMUM CANCELLATION FEE OF $200.00 WILL BE
<br />CHARGED.
<br />Order No.: 24-27931
<br />Page 3 of 4
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