HomeMy WebLinkAbout10-70047224SUBDIVISION
Guarantee/Certificate Number:
Issued By: CHICAGO TITLE INSURANCE COMPANY
by its agent:70047224
Subdivision Guarantee/Certificate Printed: 05.04.16 @ 07:36 AM
Page 1 WA-TT-FNWT-02840.660014-SPS-1-16-70047224
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.70047224
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
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Liability Premium Tax
$1,000.00 $350.00 $33.60
Effective Date: April 26, 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:
Kyung Sik Chang and Mi J. Chang, husband and wife
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: 05.04.16 @ 07:36 AM
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That portion of Government Lot 4, Section 18, Township 23 North, Range 5 East, W.M., in King County, Washington,
described as follows:
Beginning at the intersection of the easterly line of Primary State Highway No. 5, as established by deed recorded May 29,
1940 under Auditor's File No. 3103924 with the north line of that certain 5 acre tract conveyed by Kittie Glenn to John
Mohrdiek by deed recorded March 18, 1901, in Volume 271 of Deeds, on page 358, under Auditor's File No. 206013,
which point is 488 feet, more or less north of and measured at right angles to the east and west centerline of said Section;
Thence northerly along said highway line 80.5 feet, more or less to the southerly line of the tract conveyed by John Emory,
et al., to Daniel E. Eshom by deed recorded February 8, 1932, in Volume 1517 of Deeds, on page 416, under Auditor's File
No. 2709344;
Thence east along the south line of said Eshom Tract 300 feet, more or less to the westerly margin of the Black River;
Thence southerly along said River margin 80.5 feet, more or less to the northeast corner of the Mohrdiek Tract;
Thence 300 feet, more or less to the point of beginning.
Situate in the County of King, State of Washington.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047224
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 05.04.16 @ 07:36 AM
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SPECIAL EXCEPTIONS
1.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Comcast of Washington IV, Inc.
Purpose: Broadband communications system
Recording Date: August 17, 2004
Recording No.: 20040817000522
Affects: As described therein
2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Comcast of Washington IV Inc.
Purpose: Cable communications system
Recording Date: April 8, 2010
Recording No.: 20100408001135
Affects: As described therein
3.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.
4.Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
5.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.: 182305-9077-07
Levy Code: 2100
Assessed Value-Land: $478,900.00
Assessed Value-Improvements: $437,800.00
General and Special Taxes:
Billed: $12,131.13
Paid: $6,065.57
Unpaid: $6,065.56
6.A lease with certain terms, covenants, conditions and provisions set forth therein.
Dated: December 19, 1992
Lessor: Washington Natural Gas
Lessee: West Wind Motel
Recording Date: January 14, 1993
Recording No.: 9301141123
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047224
SCHEDULE B
(continued)
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7.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $350,000.00
Dated: September 27, 2011
Trustor/Grantor: Kyung Sik Chang and Mi J. Chang, husband and wife
Trustee: Chicago Title Company
Beneficiary: UniBank
Recording Date: September 30, 2011
Recording No.: 20110930001026
8.An assignment of all moneys due, or to become due as rental or otherwise from said Land, to secure payment of
an indebtedness, shown below and upon the terms and conditions therein
Assigned to: UniBank
Assigned By: Kyung Sik Chang and Mi J. Chang, husband and wife
Recording Date: September 30, 2011
Recording No.: 20110930001027
9.Hazardous Substances Agreement and the terms and conditions thereof:
Recording Date: September 30, 2011
Recording No.: 20110930001028
10.A financing statement as follows:
Debtor: West Wind Motel Corp.
Secured Party: UniBank
Recording Date: September 30, 2011
Recording No.: 20110930001029
11.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:
110 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