Canyons ranch dr ebook by Desert Valley Group Cascade Hasson Sotheby's International Realty

The Headquarters at Ranch at the Canyons

For more information contact:

Pam Mayo-Phillips, Principal Broker C: 541-480-1513 pam@desertvalleyrealtors.com orÂ Brook Havens, Principal Broker C: 541-604-0788 brookmhavens@gmail.com www.desertvalleygroup.com ~ www.cascadesothebysrealty.com O: 541-923-1376 ~ 650 SW Bond St Suite 100 Bend, OR 97702

All Brokers are licensed in the Sate of Oregon. Each office is independently owned & operated. All information is deemed reliable, but not guaranteed by Cascade Sothebys International Realty. Purchaser shall have sole responsibility to inspect the property and inform themselves of the true condition thereof. Purchaser accepts the responsibility before submitting any offer or executing contract. Any grazing permits /leases/water rights are NOT Guaranteed by Seller or Cascade Sothebyâ&#x20AC;&#x2122;s International Realty, Buyer is responsible for due diligence.

The Headquarters at Ranch at the Canyons Address: 10400 NW Canyons Ranch Dr. Terrebonne, OR 97760 Tax Map: 141311 TL 400-A1 Site 4 - The Headquarters Zoning: EFR Property and Home: This Landholding of 11 acres in Ranch at the Canyons offers a truly breathtaking home site with dramatic views of the Vineyards, Crooked River, Snow Capped Cascade Mountains, Monkey Face and the Pinnacles of Smith Rock. Private Vintage Home of 2337 sf 2 bed, 2 bath has some of the most dramatic views in Oregon and the American West, from decks and all rooms. Ranch Amenities: Located Adjacent to Smith Rock State Park in Terrebonne, Oregon, the Ranch offers a combination of natural splendor, old world Tuscan design and abundant recreation. The Ranch at the Canyons is organized under a Tenancy-in-Common agreement. Each owner possesses 1/46th interest in the common facilities of the ranch including the following: •  1700 acres of irrigated meadows, fields of wildflowers, vineyards, river canyons, hiking/riding/ biking trails, secluded picnic tables on the river. •  The Old Winery Clubhouse is complete with courtyard, gourmet kitchen, formal dining, guest room, pool, tennis and patio for entertaining guests. •  Fly Fishing with access to more than 2 miles of Crooked River and 13 Private Stocked Lakes & ponds •  Tuscan Stables for the Equestrian Enthusiast Irrigation: Water Rights are part of the tenancy in common and are managed and controlled by HOA. Domestic Water: Private Well (no well log) Home Owners Association: 2015 HOA Assessment: $1300. per month includes irrigation and ranch taxes. Taxes: $1959.99 Tax year 2014 Price: $1,950,000. Shown By Appointment Only ~ MLS 201408214 Ranch at the Canyons is a Working Ranch without the Work

100

Feet

200

www.ameri-title.com

8/8/2014

NE C AN YO N

PHOTO DATE: JULY, 2010

This map was derived from data provided by Deschutes County. AmeriTitle has provided this information as a courtesy and assumes no liability for errors, omissions, or positional accuracy in the data, and does not warranty the fitness of this product for any particular purpose.

Taxlot

Ranch Boundary

Landscape Area

Disclaimer

Building Envelope

Landholding

Map Symbols

Site 4 - The Headquarters

Ranch at the Canyons

SR AN CH

Note: The boundaries shown for Ranch at the Canyons, Landholding, Landscape Area, and Building Envelope on this map are approximations and suitable for general reference only.

AN CH

d R iv e r Ranch at the Canyons Overview 18x24h.mxd

C ro o k e

NW 10

Landholding

Map Symbols

Building Envelope

H 13T

HL N

H CT

H AVE

ANGUS CT

www.ameri-title.com

NE EBY AVE

BAR 8/8/2014

OXWOOD LN

BER R

Y DR

G AVE

PHOTO DATE: JULY, 2010

Hderived from data provided by Deschutes County. AmeriTitle has provided this information as a courtesy and assumes no This map was liability for errors, omissions, or positional accuracy in the data, and does not warranty the fitness of this product for any particular purpose.

ANGUS LN

FOSS DR

DisclaimerAVE

Taxlot

Ranch Boundary

Landscape Area

Feet

Site 4 - The Headquarters

12TH LN

NE BASALT AVE

NE CAYUSE AVE

RE LOO STU P PA

NOLITH ST XE

CANY O NS RANCH NE DR

PASTURE LO GOOD OP NE

R TE UT EB

D OO

T YO CO

G NE

NE ALL LN EW

0 50100 200

Ranch at the Canyons

TH 16

NW 12TH ST

NW EBY AVE

15TH ST

NE 1ST ST

NE SA

NW ICE AVE

SW STAGECOACH LN

E 5TH ST NE 5TH ST

Note: The boundaries shown for Ranch at the Canyons, Landholding, Landscape Area, ST and Building HEnvelope on this map are T approximations and suitable for general reference only.

NE 9TH ST

D AR EY IN

Y WA

CA NY

E LN

ED AL

O NS RANCH

Deschutes County

Jefferson County

C NE

AY W ED

P IM W

ST RO OK

ST D R R IV ER

Y HW

NE ON ST

ROCK

C r o o ke d

N E 31ST ST

11TH ST

LOOP

River

NE XENOLITH ST Ranch at the Canyons Overview 18x24h.mxd

C O N S E RVAT I O N

E A S E M E N T

CO NS ER VA TI O

N E

Elk Meadow

Red Rock Canyon

23 SOLD

Picnic Area

Coyote Butte

Eye of the Canyons Viewpoint

SOLD

e Rd

utt

SOLD SOLD

Paiute Falls

SOLD

O N A T I R V S E

nch

Co y ote B

SOLD

Natural Bridge

ha rd

SOLD

Can

SOLD

Deer Island

n Pin edale L

SOLD

Pio ne er

SOLD

Go od

Bridge at Wishbone Falls

P a s tur e L p

E A S E M E N T

SOLD

Tennis Old Winery Court Clubhouse

SOLD

C r o o k ed R i ve

Historic Barn

47 SOLD

9 RESALE

SOLD

Vineyard

SOLD

39 SOLD

Basalt Falls Sage Point

Available Landholdings

Cayuse

Structure Footprint

Main Entrance

RESALE

Homes for Sale

SOLD

Spring

c an

2 1

SOLD

Mail

9th St

5th St

To Redmond Airport Bend

SOLD

Service Entrance

SOLD

RESALE

S age Ln

Eby Ave

a rd W y a

Pioneer Orchard

ll Ln wa ne

Highway 97

asture od P Go

St o

To Portland

43 45

Vin ey

Tuscan Stables

Walking/Equestrian trails Pioneer Orchard

Irrigated Meadows Map does not reflect resale landholdings.

For price information on landholdings, please contact Patrick Ginn at 541.886.5534 or email patrick@ranchatthecanyons.com RANCH LANDHOLDINGS 46 Exclusive Homesites

www.ranchatthecanyons.com 11050 NE Vineyard Way Terrebonne, OR 97760

Mt. Jefferson Three Fingered Jack

Red Rock Canyon Picnic Area

Eye of the Canyons Viewpoint

Viewpoint 9

Pio ne er

Deer Island

n Pin edale L

ar d

tte

Mt. Washing W ton

Ranch at the Canyons features 19 established lakes and ponds covering 35 acres with shoreline habitat. Sixteen of the ponds have fish populations consisting of Trout, Large Mouth Bass, Small Mouth Bass, Blue Gill and Steelhead. The stocked lakes are for Ranch owners’ recreational enjoyment.

Paiute Falls

25/26

n ch

Natural Bridge

10 Coyote

• Use of flies, lures and barbless hooks will greatly improve the successful practice of catch and release. Bait fishing is not conducive to catch and release.

• Returning fish to the water is encouraged.

• Trout fly fishing for adults only.

Can

C oy ot e

Good Practices

North Sister

fishing AT THE RANCH

Elk Meadow

Butte

7 Go od

North Bridge

Bridge at Wishbone Falls

P a s tu r e L p

Middle Sister

South

Tennis Court

Dog Lake 11

Guest Ranch

Big Meadow West Lake

C r o o ked R i

6 Bridge

Historic Barn

Old Winery Clubhouse

5th St

To Redmond Airport Bend

ard W ay

Vin ey

Spring

Vineyard Monkey Face

S age Ln

To Portland

Service Entrance

Stables

Tuscan Stables

2 Brown

Old

House

1 Entrance

Walking/Equestrian trails

Cayuse

Irrigated Meadows

Main Entrance

Ra ns

Pond Name

Fish Species

Pond Name

Fish Species

Entrance

Large Mouth Bass, Bluegill

North Bridge

Trout, Large Mouth Bass, Bluegill

Brown House

Large & Small Mouth Bass

25 & 26

Large Mouth Bass, Bluegill

Sage Point

Large & Small Mouth Bass

Viewpoint

Large & Small Mouth Bass, Bluegill

Stables

Large & Small Mouth Bass, Bluegill

Coyote Butte

Large Mouth Bass, Bluegill

Guest Ranch

Trout, Large & Small Mouth Bass, Bluegill

Dog Lake

Large Mouth Bass

South Bridge

Large Mouth Bass, Trout

Kem Field

Trout, Large & Small Mouth Bass, Bluegill, Steelhead

www.ranchatthecanyons.com

9th St

No.

Mail

h nc

Broken Top

Monkey Face Canyon

Point

Ponds/Lakes

Lake

3 Sage

No.

13 Office

12 Kem Field

Basalt Falls

No.

Pond Name

Fish Species

Old Office Lake

Large Mouth Bass, Bluegill

Big Meadow West Lake

Redband Rainbow Trout

Big Meadow East Pond

Redband Rainbow Trout

Eby Lake

Large & Small Mouth Bass, Bluegill

11050 NE Vineyard Way Terrebonne, OR 97760

STATE P ARK

Highway 97

Pioneer Orchard

ll Ln wa

Eby Ave

Eby Lake

asture od P Go

St o

South Sister

East Pond

CK TH RO SMI

Black Rock Canyon

15 Big Meadow

Wel come to t he R a nch at t he C a n yons Set in the heart of Central Oregon, the Ranch of the Canyons offers a fortunate few the chance to live at one of the Pacific Northwest’s most beautiful properties. Natural splendor, old world Tuscan design and abundant recreation can all be found within the privacy and security of this unique working country estate. The Ranch at the Canyons is a private, 1,700 acre preservation ranch set along the Crooked River at the base of Smith Rock State Park. As a working ranch and farm, homeowners get the chance to enjoy the gentle bustle of agricultural life, including a working vineyard, while leaving the work to Ranch management and local farmers. Each landholding, ranging from 4 acres to nearly 14 acres, includes mutual ownership of the entire 1,700 acre Ranch and was carefully sited to protect privacy while maximizing views. In addition to rolling agricultural fields, the Ranch offers breathtaking views of the towering Cascade Range, the desert canyons of Smith Rock State Park, the Crooked River and more than a dozen lakes spread throughout the property. All homeowners also enjoy exclusive access to the Old Winery Clubhouse, the social center of the Ranch. Offering dramatic 360° views of the property and surrounding landscape, the Clubhouse features an exercise room, outdoor pool, hot tub, tennis court and an event space with a professional-grade kitchen, perfect for hosting meetings, weddings, reunions and other events. In addition to 600 acres of working farmland, the Ranch includes more than 500 acres of land permanently protected for conservation by the Deschutes Basin Land Trust, preserving some of the most beautiful space on the property for wildlife habitat and your enjoyment. From herds of elk and deer to soaring raptors and schools of trout, abundant wildlife calls the Ranch home. While secluded within Central Oregon’s vast farmlands, the Ranch is located just minutes away from the Redmond Airport and its access to major cities throughout the west. Just 30 minutes away, the city of Bend offers a unique mountain culture, with numerous microbreweries, boutiques, and entertainment options, not to mention all the services and amenities of a midsized city. Voted one of the top outdoor recreation destinations in North America, Central Oregon offers abundant sunshine, dramatic mountain terrain covered in dense evergreen forests, hundreds of trails, lakes and rivers to explore, and the largest ski area in the Cascades. With nearly 300 days of sunshine, it’s no wonder Where to Retire Magazine named Central Oregon the top place to retire in the United States.

The Tena nc y-in-Common Ow ner ship St ruct ur e The Ranch at the Canyons is organized under what is known as a Tenancy-in-Common (TIC) agreement. The Ranch’s TIC agreement states that each owner possesses a 1/46th undivided interest in 1,700 non-residential acreage and common facilities of the Ranch. Within each created landholding, there is a designated Building Envelope of approximately two acres, a designated landscape area of approximately two acres, and a private area. Each owner is entitled to the exclusive right to possess a landholding that is described in each owner’s deed and the TIC agreement. In addition, all tenants-in-common have the right to possess and have access to the entire property, giving everyone equal access to all the finest parts of the Ranch. The TIC is a common agreement that offers several advantages over other real estate structures. Because the percentage of ownership is set out in advance, each tenant is able to sell their share separately without involving the other owners. Unlike joint tenancy, a TIC does not involve the right of survivorship, which means your share won’t pass to the other owners upon death. All homeowners are responsible for all expenses, but these are fairly apportioned equally among all landowners.

The Design R ev iew P rocess Generously spaced throughout the gated Ranch, each Ranch at the Canyons homesite is carefully sited to highlight breathtaking views of the snowy Cascade Mountains to the west, the desert canyon of Smith Rock State Park, the Crooked River to the east, and rolling farmland and private lakes throughout. To add to the character of the surrounding landscape and preserve its beauty, our Design Review Committee has put together a carefully considered guide to designing and building at the Ranch. The guidelines seek to establish the highest standards of quality in order to protect both the views and the property values of your home and that of the other homeowners. The Design Review Committee is responsible for reviewing all proposed villa plans and designs for review and approval prior to construction. Each site is unique, which means no two homes will be alike at the Ranch. The Design Review Committee ensures that your design is complementary to the unique features of your landholding and the Ranch’s Tuscan architectural style and landscaping.

Fr equen t ly A sk ed Quest ions a bou t R a nch at t he Ca n yons What is Ranch at the Canyons? Ranch at the Canyons is simply one of the most dramatic and beautiful properties in the Pacific Northwest, offering a combination of natural splendor, old world Tuscan design and abundant recreation, all contained within the privacy and security of a working country estate. The Ranch includes a limited number of private landholdings ranging from 4 to acres to nearly 14 acres, along with mutual ownership of the entire 1,700 acre property, including approximately 600 acres of irrigated agricultural land and several acres of wine grape production. In addition, more than 500 acres of land have had development rights transferred to the Deschutes Basin Land Trust, providing permanent protection for conservation, open space and wildlife habitat.

Where is Ranch at the Canyons located? The Ranch is located in the heart of Central Oregon, widely recognized as one of the premier places in the nation to live and play. The Cascade Mountains shield this extraordinary property from the rains of Western Oregon, providing nearly 300 days of sunshine per year. The Ranch is easily accessible, located just 15 minutes from the Redmond Airport, 30 minutes from Bend, 60 minutes from Mt. Bachelor Ski Resort and less than three hours from Portland.

What are the amenities offered? The Ranch’s many exclusive homeowner amenities include: • The 7,000 square foot Old Winery Clubhouse, the focal point of Ranch social activities and celebration. Classic Tuscan architecture, coupled with a professional-quality kitchen, provides a warm setting for owners and guests to celebrate weddings, family reunions and meetings. Offering dramatic 360° views of Teal Lake, Smith Rock and the Cascade Mountains, the Clubhouse also features an exercise room, heated outdoor pool, hot tub, custom pizza oven, horse shoes, tennis court and steam rooms. • The Tuscan Stables, a distinct equestrian facility blending Tuscan design with Ranch ambiance, catering to the casual trail rider. Landholders have easy access to the private canyons of the Ranch and some of the most beautiful trail riding in the state. • Monkey Face Vineyard, Central Oregon’s first vineyard, which grows several FrenchAmerican hybrid varietals selected specifically for the Central Oregon terroir and climate, overseen by master winegrower Kerry Damon. • Exclusive access to two miles of the Crooked River as it passes through the Ranch for year-round fly-fishing • More than 500 acres of natural landscape set aside as a permanent nature preserve • Several majestic waterfalls, including the natural Paiute Falls on the Crooked River and handcrafted waterfalls throughout the property • Four distinct canyons to explore: Monkey Face, Black Rock, Red Rock and Pinnacle Canyon • 600 acres of irrigated farmland

DocuSign Envelope ID: BB2ACFC7-8045-46F7-875A-CC61E21C793D

SELLER’S PROPERTY DISCLOSURE STATEMENT Property Address 10400 NE Canyons Ranch Dr, Terrebonne, OR

97760

INSTRUCTIONS TO THE SELLER 1 2 3

Please complete the following form. Do not leave any spaces blank. Please refer to the line number(s) of the question(s) when you provide your explanation(s). If you are not claiming an exclusion or refusing to provide the form under ORS 105.475 (4), you should date and sign each page of this disclosure statement and each attachment.

4 5 6 7

Each seller of residential property described in ORS 105.465 must deliver this form to each buyer who makes a written offer to purchase. Under ORS 105.475 (4), refusal to provide this form gives the buyer the right to revoke their offer at any time prior to closing the transaction. Use only the section(s) of the form that apply to the transaction for which the form is used. If you are claiming an exclusion under ORS 105.470, fill out only Section 1.

8 9 10

An exclusion may be claimed only if the seller qualifies for the exclusion under the law. If not excluded, the seller must disclose the condition of the property or the buyer may revoke their offer to purchase anytime prior to closing the transaction. Questions regarding the legal consequences of the seller's choice should be directed to a qualified attorney.

DO NOT FILL OUT THIS SECTION UNLESS YOU ARE CLAIMING AN EXCLUSION UNDER ORS 105.470

12 13 14 15 16 17 18 19 20

Section 1. EXCLUSION FROM ORS 105.465 TO 105.490: You may claim an exclusion under ORS 105.470 only if you qualify under the statute. If you are not claiming an exclusion, you must fill out Section 2 of this form completely. Initial only the exclusion you wish to claim. This is the first sale of a dwelling never occupied. The dwelling is constructed or installed under building or installation permit(s) # issued by . This sale is by a financial institution that acquired the property as custodian, agent or trustee, or by foreclosure or deed in lieu of foreclosure. The seller is a court appointed (Check only one): receiver personal representative trustee conservator guardian This sale or transfer is by a governmental agency.

Signature(s) of Seller(s) Claiming Exclusion

Seller

Signature(s) of Buyer(s) Acknowledging Seller’s Claim

Buyer

25 26

IF YOU DID NOT CLAIM AN EXCLUSION IN SECTION 1, YOU MUST FILL OUT THIS SECTION. Section 2. SELLER'S PROPERTY DISCLOSURE STATEMENT

(NOT A WARRANTY) (ORS 105.465)

28 29

NOTICE TO THE BUYER: THE FOLLOWING REPRESENTATIONS ARE MADE BY THE SELLER(S) CONCERNING THE CONDITION OF THE PROPERTY LOCATED AT 10400 NE Canyons Ranch Dr, Terrebonne, OR 97760 “THE PROPERTY."

30 31 32 33 34

DISCLOSURES CONTAINED IN THIS FORM ARE PROVIDED BY THE SELLER ON THE BASIS OF SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME OF DISCLOSURE. BUYER HAS FIVE BUSINESS DAYS FROM THE SELLER'S DELIVERY OF THIS SELLER'S DISCLOSURE STATEMENT TO REVOKE BUYER'S OFFER BY DELIVERING BUYER'S SEPARATE SIGNED WRITTEN STATEMENT OF REVOCATION TO THE SELLER DISAPPROVING THE SELLER'S DISCLOSURE STATEMENT, UNLESS BUYER WAIVES THIS RIGHT AT OR PRIOR TO ENTERING INTO A SALE AGREEMENT.

35 36 37 38

FOR A MORE COMPREHENSIVE EXAMINATION OF THE SPECIFIC CONDITION OF THIS PROPERTY, BUYER IS ADVISED TO OBTAIN AND PAY FOR THE SERVICES OF A QUALIFIED SPECIALIST TO INSPECT THE PROPERTY ON BUYER'S BEHALF INCLUDING, FOR EXAMPLE, ONE OR MORE OF THE FOLLOWING: ARCHITECTS, ENGINEERS, PLUMBERS, ELECTRICIANS, ROOFERS, ENVIRONMENTAL INSPECTORS, BUILDING INSPECTORS, CERTIFIED HOME INSPECTORS, OR PEST AND DRY ROT INSPECTORS.

Seller X is

Date

James A Gardner

Date

Seller

Date

Carol W Gardner

Buyer

Date

is not occupying the property.

I. SELLER’S REPRESENTATIONS: SELLER

James A Gardner

Date

SELLER

Date

Carol W Gardner

This form has been licensed for use solely by Brook Havens pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC.

LINES WITH THIS SYMBOL

REQUIRE A SIGNATURE AND DATE

Buyer Initials

No portion may be reproduced without express permission of Oregon Real Estate Forms, LLC Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026

Date OREF 020-1

www.zipLogix.com

DocuSign Envelope ID: BB2ACFC7-8045-46F7-875A-CC61E21C793D

SELLERâ&#x20AC;&#x2122;S PROPERTY DISCLOSURE STATEMENT Property Address 10400 NE Canyons Ranch Dr, Terrebonne, OR 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103

97760

The following are representations made by the seller and are not the representations of any financial institution that may have made or may make a loan pertaining to the property, or that may have or take a security interest in the property, or any real estate licensee engaged by the seller or the buyer. *If you mark yes on items with *, attach a copy or explain on an attached sheet. 1. TITLE A. Do you have legal authority to sell the property?................................................................. X *B. Is title to the property subject to any of the following:.......................................................... First right of refusal Option Lease or rental agreement Other listing Life estate *C. Is the property being transferred an unlawfully established unit of land?........................ *D. Are there any encroachments, boundary agreements, boundary disputes or recent boundary changes?.................................................................................................... *E. Are there any rights of way, easements, licenses, access limitations or claims that may affect your interest in the property?............................................................. *F. Are there any agreements for joint maintenance of an easement or right of way?............... X *G. Are there any governmental studies, designations, zoning overlays, surveys or notices that would affect the property?............................................................................ *H. Are there any pending or existing governmental assessments against the property? .......... *I. Are there any zoning violations or nonconforming uses?.................................................... *J. Is there a boundary survey for the property?........................................................................ X *K. Are there any covenants, conditions, restrictions or private assessments that affect the property?................................................................................................................................ X *L. Is the property subject to any special tax assessment or tax treatment that may result in levy of additional taxes if the property is sold?....................................................... X 2. WATER A. Household water (1) The source of the water is (check ALL that apply): Public Community X Private (2) Water source information: *a) Does the water source require a water permit?..................................................... If yes, do you have a permit?................................................................................ *b) Is the water source located on the property?........................................................ *If not, are there any written agreements for a shared water source?................... *c) Is there an easement (recorded or unrecorded) for your access to or maintenance of the water source?......................................................................... d) If the source of water is from a well or spring, have you had any of the following in the past 12 months?...................................................................... Flow test Bacteria test Chemical contents test *e) Are there any water source plumbing problems or needed repairs?..................... (3) Are there any water treatment systems for the property?................................................ Leased Owned B. Irrigation (1) Are there any X water rights or other rights for the property?.............................. * (2) If any exist, has the irrigation water been used during the last five-year period?.......... * (3) Is there a water rights certificate or other written evidence available?.......................... C. Outdoor sprinkler system (1) Is there an outdoor sprinkler system for the property?.................................................. (2) Has a back flow valve been installed?........................................................................... (3) Is the outdoor sprinkler system operable?.....................................................................

Yes Yes*

X No

Unknown Unknown

Yes*

X No

Unknown

Yes*

X No

Unknown

Yes* Yes*

X No

Unknown Unknown

Yes* Yes* Yes* Yes*

X No X No X No No

Unknown Unknown Unknown Unknown

Yes*

Unknown

Yes*

Unknown

Yes* Yes X Yes* Yes*

X No X No No No

Unknown Unknown Unknown Unknown

Yes*

X No

Unknown

Yes

X No

Unknown

Yes* Yes

X No X No

Unknown Unknown

X Yes X Yes* X Yes*

No No No

Unknown Unknown Unknown

NA NA

X Yes X Yes X Yes

No No No

Unknown Unknown Unknown

NA NA

X No X No

Unknown Unknown Unknown X Unknown Unknown Unknown Unknown Unknown

NA NA NA NA NA

Other

3. SEWAGE SYSTEM A. Is the property connected to a public or community sewage system?.................................. Yes B. Are there any new public or community sewage systems proposed for the property?......... Yes C. Is the property connected to an on-site septic system?....................................................... X Yes (1) If yes, when was the system installed?............................................................................ (2) *If yes, was the system installed by permit? ..................................................................... Yes* (3) *Has the system been repaired or altered?..................................................................... Yes* (4) Has the condition of the system been evaluated and a report issued?............................ Yes (5) Has the septic tank ever been pumped?....................................................................... Yes If yes, when? X NA (6) *Does the system have a pump? Yes* (7) *Does the system have a treatment unit such as a sand filter or an aerobic unit? Yes* (8) *Is a service contract for routine maintenance required for the system? Yes* X Yes* (9) *Are all components of the system located on the property? *D. Are there any sewage system problems or needed repairs?................................................ Yes* E. Does your sewage system require on-site pumping to another level?.................................. Yes SELLER

James A Gardner

Date

SELLER

X X X X

No No No No

X No X No No No X No X No

Unknown Unknown Unknown Unknown Unknown Unknown

NA NA X NA

NA NA X NA NA

Date

Carol W Gardner

This form has been licensed for use solely by Brook Havens pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC.

LINES WITH THIS SYMBOL

REQUIRE A SIGNATURE AND DATE

Buyer Initials

No portion may be reproduced without express permission of Oregon Real Estate Forms, LLC Produced with zipFormÂŽ by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026

Date OREF 020-2

www.zipLogix.com

DocuSign Envelope ID: BB2ACFC7-8045-46F7-875A-CC61E21C793D

SELLER’S PROPERTY DISCLOSURE STATEMENT Property Address 10400 NE Canyons Ranch Dr, Terrebonne, OR 104 105 106 107 108 109

97760

4. DWELLING INSULATION A. Is there insulation in the: (1) Ceiling? ............................................................................................................................. (2) Exterior walls? ................................................................................................................... (3) Floors? .............................................................................................................................. B. Are there any defective insulated doors or windows?............................................................

X Yes X Yes X Yes Yes

No No No X No

Unknown Unknown Unknown Unknown

110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139

5. DWELLING STRUCTURE X No Has the roof leaked?............................................................................................................... *A. Yes* Unknown If yes, has it been repaired?.................................................................................................... Yes No Unknown X No B. Are there any additions, conversions or remodeling?............................................................ Yes Unknown If yes, was a building permit required?.................................................................................... Yes No Unknown If yes, was a building permit obtained?................................................................................... Yes No Unknown If yes, was final inspection obtained?...................................................................................... Yes No Unknown C. Are there smoke alarms or detectors?.................................................................................... X Yes No Unknown X No D. Are there carbon monoxide alarms?....................................................................................... Yes Unknown X No E. Is there a woodstove or fireplace insert included in the sale?................................................ Yes Unknown *If yes, what is the make? *If yes, was it installed with a permit?...................................................................................... Yes* No Unknown *If yes, is a certification label issued by the United States Environmental Protection Agency (EPA) or the Department of Environmental Quality (DEQ) affixed to it?................................. Yes* No Unknown Has pest and dry rot, structural or "whole house" inspection been done within the last *F. X No three years?............................................................................................................................. Yes* Unknown Are there any moisture problems, areas of water penetration, mildew odors *G. X No or other moisture conditions (especially in the basement)?.................................................... Yes* Unknown *If yes, explain on attached sheet the frequency and extent of problem and any insurance claims, repairs or remediation done. X No H. Is there a sump pump on the property?................................................................................... Yes Unknown I. Are there any materials used in the construction of the structure that are or X No have been the subject of a recall, class action suit, settlement or litigation?......................... Yes Unknown If yes, what are the materials? (1) Are there problems with the materials?.......................................................................... Yes No Unknown (2) Are the materials covered by a warranty?....................................................................... Yes No Unknown (3) Have the materials been inspected?............................................................................... Yes No Unknown (4) Have there ever been claims filed for these materials by you or by previous owners?.. Yes No Unknown If yes, when? (5) Was money received?..................................................................................................... Yes No Unknown (6) Were any of the materials repaired or replaced?............................................................ Yes No Unknown

140

6. DWELLING SYSTEMS AND FIXTURES If the following systems or fixtures are included in the purchase price, are they in good working order on the date this form is signed? A. Electrical system, including wiring, switches, outlets and service........................................... X Yes No Unknown B. Plumbing system, including pipes, faucets, fixtures and toilets............................................... X Yes No Unknown C. Water heater tank................................................................................................................... X Yes No Unknown D. Garbage disposal.................................................................................................................... X Yes No Unknown E. Built-in range and oven........................................................................................................... X Yes No Unknown F. Built-in dishwasher.................................................................................................................. X Yes No Unknown G. Sump pump............................................................................................................................. Yes No Unknown H. No Unknown Heating and cooling systems.................................................................................................. X Yes I. Security system Owned X Leased................................................................................... X Yes No Unknown J. Are there any materials or products used in the systems and fixtures X No that are or have been the subject of a recall, class action settlement or other litigations?...... Yes Unknown If yes, what product? (1) Are there problems with the product?............................................................................. Yes No Unknown (2) Is the product covered by a warranty?............................................................................ Yes No Unknown (3) Has the product been inspected?................................................................................... Yes No Unknown (4) Have claims been filed for this product by you or by previous owners?......................... Yes No Unknown If yes, when? (5) Was money received?..................................................................................................... Yes No Unknown (6) Were any of the materials or products repaired or replaced?......................................... Yes No Unknown

141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160

SELLER

James A Gardner

Date

SELLER

X NA X NA X NA X NA

X NA X NA

X X X X X X X

NA NA NA NA NA NA NA

NA NA NA X NA NA NA

X X X X

NA NA NA NA

X NA X NA

Date

Carol W Gardner

This form has been licensed for use solely by Brook Havens pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC.

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REQUIRE A SIGNATURE AND DATE

Buyer Initials

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Date OREF 020-3

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DocuSign Envelope ID: BB2ACFC7-8045-46F7-875A-CC61E21C793D

SELLER’S PROPERTY DISCLOSURE STATEMENT Property Address 10400 NE Canyons Ranch Dr, Terrebonne, OR 161 162 163 164 165 166 167 168 169 170 171 172 173

97760

7. COMMON INTEREST A. Is there a Home Owners' Association or other governing entity?........................................... X Yes Name of Association or Other Governing Entity Ranch at the Canyons

Unknown

Contact Person Aperion Management Address Phone Number Regular periodic assessments: $ 1,087.00 per X Month Year Other X No Are there any pending or proposed special assessments?.................................................... Yes* Are there shared "common areas" or joint maintenance agreement for facilities like walls, fences, pools, tennis courts, walkways or other areas co-owned in undivided interest with others?... X Yes No Is the Home Owners' Association or other governing entity a party to X No Yes pending litigation or subject to an unsatisfied judgment?....................................................... Is the property in violation of recorded covenants, conditions and X No restrictions or in violation of other bylaws or governing rules, whether recorded or not?........ Yes

B. *C. D. E. F.

Unknown Unknown Unknown

Unknown

174 175 176 177 178 179 180 181 182 183 184 185 186 187 188

8. GENERAL A. Are there problems with settling, soil, standing water or drainage on the property or in the immediate area?.................................................................................... B. Does the property contain fill?................................................................................................. C. Is there any material damage to the property or any of the structure(s) from fire, wind, floods, beach movements, earthquake, expansive soils or landslides?......... D. Is the property in a designated floodplain?............................................................................. E. Is the property in a designated slide or other geologic hazard zone?..................................... *F. Has any portion of the property been tested or treated for asbestos, formaldehyde, radon, gas, lead-based paint, mold, fuel or chemical storage tanks or contaminated soil or water?......... G. Are there any tanks or underground storage tanks (e.g., septic, chemical, fuel, etc.) on the property?..................................................................................................................... X H. Has the property ever been used as an illegal drug manufacturing or distribution site?........ *If yes, was a Certificate of Fitness issued?........................................................................... I. Has the property been classified as forestland-urban interface?............................................

189 190 191 192 193

9. FULL DISCLOSURE BY SELLER(S) *A. Are there any other material defects affecting this property or its value that X No a prospective buyer should know about?................................................................................ Yes* If yes, describe the defect on attached sheet and explain the frequency and extent of the problem and any insurance claims, repairs or remediation?

Yes Yes

X No X No

Unknown Unknown

Yes Yes Yes

X No X No X No

Unknown Unknown Unknown

Yes*

X No

Unknown

Unknown Unknown Unknown Unknown

Yes Yes Yes* Yes

X No No

X No

X NA

VERIFICATION 194 195 196

The foregoing answers and attached explanations (if any) are complete and correct to the best of my/our knowledge and I/we have received a copy of this disclosure statement. I/we authorize my/our agents to deliver a copy of this disclosure statement to all prospective buyers of the property or 0 their agents. (complete even if zero) Number of pages of explanations are attached.

197

Seller

James A Gardner

Seller

Date

Carol W Gardner

II. BUYER’S ACKNOWLEDGMENT: 198 199 200 201 202 203 204 205 206

207 208 209 210 211

DISCLOSURES, IF ANY, CONTAINED IN THIS FORM ARE PROVIDED BY THE SELLER ON THE BASIS OF SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME OF DISCLOSURE. IF THE SELLER HAS FILLED OUT SECTION 2 OF THIS FORM, YOU, THE BUYER, HAVE FIVE BUSINESS DAYS FROM THE SELLER'S DELIVERY OF THIS DISCLOSURE STATEMENT TO REVOKE YOUR OFFER BY DELIVERING YOUR SEPARATE SIGNED WRITTEN STATEMENT OF REVOCATION TO THE SELLER DISAPPROVING THE SELLER'S DISCLOSURE UNLESS YOU WAIVE THIS RIGHT AT OR PRIOR TO ENTERING INTO A SALE AGREEMENT.

212

BUYER HEREBY ACKNOWLEDGES RECEIPT OF A COPY OF THIS SELLER'S PROPERTY DISCLOSURE STATEMENT.

213

Buyer

214

Licensee receiving disclosure statement on buyer's behalf to sign and date:

215 216

As buyer(s), I/we acknowledge the duty to pay diligent attention to any material defects that are known to me/us or can be known by me/us by utilizing diligent attention and observation. Each buyer acknowledges and understands that the disclosures set forth in this statement and in any amendments to this statement are made only by the seller and are not the representations of any financial institution that may have made or may make a loan pertaining to the property, or that may have or take a security interest in the property, or of any real estate licensee engaged by the seller or buyer. A financial institution or real estate licensee is not bound by and has no liability with respect to any representation, misrepresentation, omission, error or inaccuracy contained in another party's disclosure statement required by this section or any amendment to the disclosure statement. Buyer (which term includes all persons signing the "Buyer's Acknowledgment" portion of this disclosure statement below) hereby acknowledges receipt of a copy of this disclosure statement (including attachments, if any) bearing seller's signature(s).

Date

Buyer

Real Estate Licensee

Date

Date received by Licensee

Real Estate Firm This form has been licensed for use solely by Brook Havens pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC.

LINES WITH THIS SYMBOL REQUIRE A SIGNATURE AND DATE Buyer Initials Copyright Oregon Real Estate Forms, LLC 2000 - 2014 www.orefonline.com No portion may be reproduced without express permission of Oregon Real Estate Forms, LLC Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026

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Date OREF 020-4