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Order No. 0345219
<br />Page 2
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<br />5. Deed of Trust, including the terms and provisions thereof, executed by John
<br />Pennington III and Brent Laing, not as tenants in common, but with the right of
<br />survivorship, Grantor, to Cascade Title & Escrow, Trustee, for the benefit of
<br />Mortgage Electronic Registration Systems, Inc., (MERS) acting solely as a nominee
<br />for People’s Bank of Commerce, Beneficiary, dated October 20, 2023, recorded
<br />October 23, 2023, Reception No. 2023-030665, Lane County Deeds and Records, to
<br />secure payment of a note for $357,000.00.
<br /> The beneficial interest under said Deed of Trust was duly assigned of record to
<br />People’s Bank of Commerce, by assignment recorded April 1, 2024, Reception No. 2024-
<br />008756, Lane County Deeds and Records.
<br /> Affidavit of Consent (To Subdivide), including the terms and provisions
<br />thereof, recorded November 6, 2025, Reception No. 2025-035649, Lane County Deeds and
<br />Records.
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<br />6. Easements, notes, conditions, restrictions and dedications as shown, set forth,
<br />and/or delineated on the recorded Plat of Land Partition Plat No. 2025-P3284,
<br />recorded November 6, 2025, Reception No. 2025-035647, Lane County Deeds and Records.
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<br />7. Notice of Development Requirement, including the terms and provisions thereof,
<br />recorded November 6, 2025, Reception No. 2025-035648, Lane County Deeds and Records.
<br />(Parcels 1 and 2)
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<br />8. Irrevocable Petition for Public Improvements, including the terms and provisions
<br />thereof, recorded November 6, 2025, Reception No. 2025-035650, Lane County Deeds and
<br />Records.
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<br />NOTE: The property address as shown on the Assessor's Roll is:
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<br /> 1010 Horn Lane
<br /> Eugene, OR 97404
<br /> (Parcel 2)
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<br />NOTE: Taxes, Account No. 0419232, Assessor's Map No. 17 04 23 1 1, #6401, Code 4-12,
<br />2025-2026, in the amount of $8,250.15, PAID IN FULL.
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<br />NOTE: For the 2026-2027 tax year, this property has been assigned map and tax lot
<br />number 17 04 23 1 1, #6402. The new Account No. will be #1918324. (Parcel 1)
<br />For the 2026-2027 tax year, this property has been assigned map and tax lot
<br />number 17 04 23 1 1, #6403. The new Account No. will be #1918327. (Parcel 2)
<br /> For the 2026-2027 tax year, this property has been assigned map and tax lot
<br />number 17 04 23 1 1, #6404. The new Account No. will be #1918330. (Parcel 3)
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<br />NOTE: This report is being supplemented to update the legal description, exception no.
<br />5, address, taxes, map and add new exception nos. 6, 7 and 8.
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<br />This report is to be utilized for information only. This report is not to be used as a
<br />basis for transferring, encumbering or foreclosing the real property described.
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<br />The liability of Cascade Title Co. is limited to the addressee and shall not exceed the
<br />premium paid hereunder.
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<br />CASCADE TITLE CO., by:
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<br />rh: Title Officer: DEBBIE FORSTROM
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