2026-003192

Klamath County, Oregon
04/10/2026 03:07:02 PM
Fee: $107.00

SEND ALL TAX STATEMENTS TO:
Cash Is King LLC

PO Box 291

Marylhurst OR 97036

AFTER RECORDING RETURN TO:
Cash Is King LLC

PO Box 291

Marylhurst OR 97036

MEMORANDUM OF CONTRACT OF SALE
DATED: 4/6/2026
BETWEEN: Dustin D Howell & Jessica L Howell ("Seller")
Address: 2480 LINDLEY WAY KLAMATH FALLS , OR 97601

AND

Cash Is King, LLC ("Buyer")
Address: PO Box 291 Marylhurst OR 97036

Pursuant to an Agreement for the Purchase and Sale of Real Estate aka Contract of Sale
("Contract") dated 4/2/2026, Seller agreed to sell and Buyer agreed to purchase the Seller's interest
in that certain real property located at 2480 LINDLEY WAY KLAMATH FALLS , OR 97601 inPotk- {7325
County, Oregon, APN# 53186 and 53187 legal description is A parcel of land situated in the SW1/4
NW1/4 of Section 5, Township 39 South, Range 9 East of the Willamette Meridian, Klamath County,
Oregon, more particularly described as follows: Beginning at a one inch iron shaft with hex nut
marking the Northwest corner of said SW1/4 NW1/4; Thence North 89° 55' East along the North line
of said SW1/4 NW1/4, 539.09 feet to a 5/8 inch iron pin; thence South 00° 05' East 374.00 feet to a
5/8 inch iron pin on the Northly right of way line of Lindley Way, a county road; thence South 89° 55'
West along said right of way line, 25.00 feet; thence North 00° 05’ West, 249.69 feet to a 1/2 inch
iron pin; thence South 89° 55' West, 234.52 feet to a 1/2 inch iron pin; thence South 00° 06' West,
62. 69 feet to a 1/2 inch iron pin; thence South 89° 55' West 280.00 feet to a 1/2 inch iron pin on

the West line of said Section 5; thence North 00° 06' East along said West line of Section 5, 187.00
feet to the point of beginning.

All amounts owed under the Contract will be due and payable no later than the agreed-upon closing
date in the Contract of Sale or as otherwise extended pursuant to the terms and conditions of the
Contract; at such time, Seller shall convey fee title in the Property to the Buyer in accordance with

the Contract.
The true and actual consideration to be paid for this transfer, subject to adjustment pursuant to the
Contract, stated in terms of dollars is $280,000. The final true and actual consideration shall be in

accordance with the Contract.

This Memorandum is not intended to change any of the terms of the Contract and in the event of any
inconsistency between the terms of this Memorandum and the terms of the Contract, the terms of
the Contract shall prevail.

In the event of any breach or default by Seller in or of the Contract terms or provisions thereof, Buyer
shall have, in addition to a claim for damages for such breach or default, and in addition to and
without prejudice to any right or remedy available at law or in equity, the right to demand and have
specific performance of the Contract and Memorandum.

BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE
TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300,
195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS
2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7,
CHAPTER 8, OREGON LAWS 2010. THIS INSTRUMENT DOES NOT ALLOW USE OF THE
PROFERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE
LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE
PERSCN ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE
APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF
LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCEL, AS DEFINED
IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO
DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS
DEFINED IN ORS 30.930, AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING
PROPERTY OWNERS, IF ANY, UNDER ORS 195.301 AND 195.305 TO 195.336 AND SECTIONS
5TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855,
OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010.

IN WITNESS WHEREOF, the undersigned represents that he/she/they has/have caused this
Memorandum to be executed as of the day and year written above.

BUYER SELLER
Signature: Signature:_
Date signed: Date signed: (7 / @'/ 26
Printed name: Cash is King LLC Printed name: DUSTIN D HOWELL
SELLER
Signature;

Date signed: oYy /m% /207'(,0
A
Printed name: JESSICA L HO\N’CLL@

STATE OF OREGON ¢ )

County of KJMY\QCK__ )
N - ‘
BE IT REMEMBERED, That on this &l day of AP’\«Q’ , OZOJL , before

me, the undersigned, a Notary Public in and for said County and Statsonally appeared the

SS.

within named DUSTIN D . [HOu) ELL and acknowledged tha{ hejshe/they executed the
foregoing instrument freely and voluntarily.

IN TESTIMONY WHEREQF, | have hereunto set my hand and affixed my official seal the day and
year last above written. S~

Notary Public for Oregon l / _ ! My CommissionExpires: N AREANY yng J
1 [ ~——tr—" AL STAMP

i -./HELLE GARCIA-
NOTARTUBLIC - OREGON

COMMISSIBY NO. 1054388
DECEMBER 22, 2028

MY COMMISSION EXP!
AN
OFFICIAL STAMP
STATE OF OREGON OQ ) VIVIAN MICHELLE GARCIA

NOTARY PUBLIC - OREGON
COMMISSION NO. 1054388
MY COMBHISSICH EXPIRES DECEMBER 2, 2028

SS.

County of Kjd,v\f\f\?\ )
BE IT REMEMBERED, Thatonthis_%S___ day of _ R (. CJOL  before

me, the undersigned, a Notary Public in and for said County and State, personally appeared the
within named JESSICA, L ROWELL and acknowledged that he/@hey executed the
foregoing instrument freely and voluntarily.

IN TESTIMONY WHEREOF, | have hereunto set my hand and affixed my official seal the day and

year last above writtew

Notary Public for Oregon

My CommissionExpires: \l ;l(l hg

I

FAICIAL STAMP
VWIEM SMICHELLE GAR o
NOTARY PUBLIC - OREGO?
Z COMMISSION NO. 1
MY COMBASSIOR EXPIRES DEC

In the event of any breach or default by Selier in or of the Contract terms or provisions thereof, Buyer
shall have, in addition to a claim for damages for such breach or default, and in addition to and
without prejudice to any right or remedy available at law or in equity, the right to demand and have
specific performance of the Contract and Memorandum.

BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE
TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF ANY, UNDER ORS 195.300,
195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS
2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855, OREGON LAWS 2009, AND SECTIONS 2 TO 7,
CHAPTER 8, OREGON LAWS 2010. THIS INSTRUMENT DOES NOT ALLOW USE OF THE
PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE
LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE
PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE
APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF
LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED L.OT OR PARCEL, AS DEFINED
IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO
DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS
DEFINED IN ORS 30.930, AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING
PROPERTY OWNERS, IF ANY, UNDER ORS 195.301 AND 195.305 TO 195.336 AND SECTIONS
5TO 11, CHAPTER 424, OREGON LAWS 2007, SECTIONS 2 TO 9 AND 17, CHAPTER 855,
OREGON LAWS 2009, AND SECTIONS 2 TO 7, CHAPTER 8, OREGON LAWS 2010.

IN WITNESS WHEREOF, the undersigned represents that he/she/they has/have caused this
Memorandum to/be executed as of the day and year written above.

BUYER SELLER

Signature: : Signature:

Date signed: ‘/l//’;’ ! 2/6 Date signed:

Printed name: Cash is King LLC Printed name: DUSTIN D HOWELL
SELLER
Signature:
Date signed:

Printed name: JESSICA L

STATE OF OREGON )

8s.
County of )
BE IT REMEMBERED, That on this day of , , before
me, the undersigned, a Notary Public in and for said County and State, personally appeared the
within named and acknowledged that he/she/they executed the

foregoing instrument freely and voluntarily.

IN TESTIMONY WHEREOF, | have hereunto set my hand and affixed my official seal the day and
year last above written.

Notary Public for Oregon
My CommissionExpires:

STATE OF OREGON )
] SS.

County of U\C\C‘(O\‘MO\S )

BE IT REMEMBERED, That on this __|[Q+\_day of }\\D e . 20QC  before

me, the undersigned, a Notary Public in and for said County and State, personally appeared the
within named __ 0 0rd N /\/\C\’L/’) <®B _and acknowledged that he/she/they executed the
foregoing instrument freely and voluntarily.

IN TESTIMONY WHEREOF, | have hereunto set my hand and affixed my official seal the day and

year last above written. M N \M
MM AR TON

Notary Public for Oregon o,
My CommissionExpires: 02/ 25 [2030

‘%A()‘}'f‘)or;ze,d vrem s of Cosh 1S knj LLC

OFFICIAL STAMP

5 HAYLEE MARIE JOHNSTON
& NOTARY PUBLIC - OREGON
TAES COMMISSION NO. 1066212
MY COMMISSION EXPIRES FEBRUARY 25, 2030