HomeMy WebLinkAbout07-70047232SUBDIVISION
Guarantee/Certificate Number:
Issued By: CHICAGO TITLE INSURANCE COMPANY
by its agent:70047232
Subdivision Guarantee/Certificate Printed: 05.06.16 @ 08:03 AM
Page 1 WA-TT-FNWT-02840.660014-SPS-1-16-70047232
CHICAGO TITLE INSURANCE COMPANY, a corporation, herein called the Company,
GUARANTEES
City of Renton
herein called the Assured, against actual loss not exceeding the liability amount stated in Schedule A which the Assured
shall sustain by reason of any incorrectness in the assurances set forth in Schedule A.
LIABILITY EXCLUSIONS AND LIMITATIONS
1. No guarantee is given nor liability assumed with respect to the identity of any party named or referred to in Schedule A
or with respect to the validity, legal effect or priority of any matter shown therein.
2. The Company’s liability hereunder shall be limited to the amount of actual loss sustained by the Assured because of
reliance upon the assurance herein set forth, but in no event shall the Company’s liability exceed the liability amount
set forth in Schedule A.
Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee. If you
wish additional liability, or assurances other than as contained herein, please contact the Company for further information
as to the availability and cost.
Ticor Title Company
701 5th Ave., Ste. 2560
Seattle, WA 98104
Chicago Title Insurance Company
By:
Countersigned By:
Authorized Officer or Agent
President
Attest:
Secretary
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047232
ISSUING OFFICE:
Title Officer: David Watson
Ticor Title Company
701 5th Ave., Ste. 2560
Seattle, WA 98104
Phone: 206-393-9816 Fax: 877-521-9938
Main Phone: (206)393-9810
Email: David.Watson@ticortitle.com
SCHEDULE A
Subdivision Guarantee/Certificate Printed: 05.06.16 @ 08:03 AM
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Liability Premium Tax
$1,000.00 $350.00 $33.60
Effective Date: April 28, 2016 at 12:00 AM
The assurances referred to on the face page are:
That, according to those public records which, under the recording laws, impart constructive notice of matter relative to
the following described property:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
Title to said real property is vested in:
Paragon Dental Arts LLC, a Washington limited liability company
subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their
priority.
END OF SCHEDULE A
EXHIBIT "A"
Legal Description
Subdivision Guarantee/Certificate Printed: 05.06.16 @ 08:04 AM
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That portion of Government lot 4 in Section 18, Township 23 North, Range 5 East, W.W.; and of Tract 6 of Renton
Shorelands Second Supplemental, an unrecorded plat, adjoining said Government Lot 4, described as follows:
Beginning at the intersection of the westerly margin of Rainier Avenue, which is the westerly margin of State Highway No.
5 with the northerly margin of Cedar River Pipe Line Right-of-Way;
Thence South 88°22'20" East 42.0 feet, more or less, along said northerly margin to a point on the center line of said State
Highway No. 5;
Thence North 03°49'40" East 35.40 feet along said center line to a point of curve;
Thence South 86°10'20" East 44.00 feet to a point on the easterly margin of said State Highway No. 5;
Thence northerly along said easterly margin 152.36 feet along the arc of a tangent curve to the left having a radius of
5774.40 feet, through a central angle of 01°30'42" to the true point of beginning;
Thence South 87°37'21" East 191.76 feet, more or less, to the northerly extension of the westerly line of that certain parcel
of land deeded to John K. Pain, Jr., by deed recorded under Recording No. 5656043;
Thence southerly along said extended line to the north margin of South 2nd Street;
Thence easterly along said road margin to the west margin of Lake Street, as shown on sheet 1 of Renton Shorelands
Second Supplemental Map;
Thence northwesterly along said westerly road margin to a point on a line 406 feet north of and parallel to the northerly line
of the Cedar River Pipe Line Right-of-Way;
Thence west along said parallel line, to the northeast corner of that certain parcel of land deeded to Phil Podvin, et ux, by
deed recorded under Recording No. 3807033;
Thence southerly along the east line of said Podvin parcel, and along the east line of that certain tract deeded to R.O.
Bagley, et ux, by deed recorded under Recording No. 3223772, to the southeast corner of said Bagley parcel;
Thence westerly along the south line of said Bagley parcel, to the east margin of State Highway No. 5;
Thence southerly to the true point of beginning;
Except that certain parcel of land deeded to John K. Pain, Jr., et ux, under Recording No. 5656043.
Situate in the County of King, State of Washington.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047232
SCHEDULE B
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SPECIAL EXCEPTIONS
1.Right to make necessary slopes for cuts or fills upon property herein described as granted or reserved in deed
In favor of: King County
Recording Date: October 20, 1941
Recording No.: 3198051
2.Exceptions and reservations contained in deed whereby the grantor excepts and reserves all oil, gases, coal, ores,
minerals, fossils, etc., and the right of entry for opening, developing and working the same and providing that such
rights shall not be exercised until provision has been made for full payment of all damages sustained by reason of
such entry
Grantor: State of Washington
Recording No.: 5643085
Right of the State of Washington or its successors, subject to payment of compensation, to acquire rights of way
for private railroads, skid roads, flumes, canals, water courses or other easements for transporting and moving
timber, stone, minerals and other products from this and other land, as reserved in above-referenced deed.
3.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document:
Purpose: Vehicular and pedestrian traffic
Recording Date: October 26, 1979
Recording No.: 7910260308
Affects: As described therein
4.Covenants, conditions and restrictions but omitting any covenants or restrictions, if any, including but not limited to
those based upon race, color, religion, sex, sexual orientation, familial status, marital status, disability, handicap,
national origin, ancestry, source of income, gender, gender identity, gender expression, medical condition or
genetic information, as set forth in applicable state or federal laws, except to the extent that said covenant or
restriction is permitted by applicable law, as set forth in the document
Recording Date: October 26, 1979
Recording No.: 7910260309
5.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Puget Sound Power & Light Company
Purpose: Underground electric transmission and/or distribution system
Recording Date: March 19, 1980
Recording No.: 8003190436
Affects: As described therein
6.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: City of Renton
Purpose: Public utilities
Recording Date: March 15, 1985
Recording No.: 8503150599
Affects: As described therein
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047232
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 05.06.16 @ 08:04 AM
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7.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document:
Purpose: Property line encroachment
Recording Date: August 9, 2002
Recording No.: 20020809001272
Affects: As described therein
8.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, dedications, building
setback lines, notes, statements, and other matters, if any, but omitting any covenants or restrictions, if any,
including but not limited to those based upon race, color, religion, sex, sexual orientation, familial status, marital
status, disability, handicap, national origin, ancestry, or source of income, as set forth in applicable state or federal
laws, except to the extent that said covenant or restriction is permitted by applicable law, as set forth on Survey:
Recording No: 20020821900010
9.Any question that may arise due to shifting or change in the course, boundaries or high water line of Black River or
due to prior shifting or changing of the course, boundaries or high water line; and rights of the State of Washington
in and to that portion of said Land, if any, lying in the bed or former bed of Black River.
10.Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
11.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half
delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties):
Year: 2016
Tax Account No.: 182305-9171-02
Levy Code: 2100
Assessed Value-Land: $893,800.00
Assessed Value-Improvements: $481,100.00
General and Special Taxes:
Billed: $18,188.62
Paid: $9,094.31
Unpaid: $9,094.31
Affects: Portion of said premises
12.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half
delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties):
Year: 2016
Tax Account No.: 722950-0061-05
Levy Code: 2100
Assessed Value-Land: $234,000.00
Assessed Value-Improvements: $0.00
General and Special Taxes:
Billed: $3,104.37
Paid: $1,552.19
Unpaid: $1,552.18
Affects: Remainder of said premises
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047232
SCHEDULE B
(continued)
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13.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $700,000.00
Dated: October 23, 2003
Trustor/Grantor: Kwai-Shung Hsue and Lee-Yuh Hsue, husband and wife
Trustee: U.S. Bank Trust Company, N.A.
Beneficiary: U.S. Bank N.A.
Recording Date: October 30, 2003
Recording No.: 20031030000545
14.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $999,000.00
Dated: June 4, 2008
Trustor/Grantor: K & L, LLC, a Washington limited liability company
Trustee: U.S. Bank Trust Company, N.A.
Beneficiary: U.S. Bank N.A.
Recording Date: July 23, 2008
Recording No.: 20080723000783
15.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $1,735,000.00
Dated: April 6, 2016
Trustor/Grantor: Paragon Dental Arts LLC, a Washington limited liability company
Trustee: Old Republic Title, Ltd.
Beneficiary: Evolve Bank & Trust ISAOA ATIMA
Recording Date: April 7, 2006
Recording No.: 20160407000968
16.Any unrecorded leaseholds, right of vendors and holders of security interests on personal property installed upon
the Land and rights of tenants to remove trade fixtures at the expiration of the terms.
END OF EXCEPTIONS
Note 1: The Public Records indicate that the address of the improvement located on said Land is as follows:
134 Rainier Avenue South
Renton, WA 98055
Note 2: Examination of the Public Records discloses no judgments or other matters pending against the name of
the vested owner.
END OF SCHEDULE B