HomeMy WebLinkAboutL_Title_Report_230905_v1Chicago Title
Seattle, WA 98104
Commitment for Title Insurance
Title Officer: Team Zeke
Email: TeamZeke@ctt.com
Title No.: 230124-SC
Property Address:
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SUBDIVISION
Guarantee/Certificate Number:
Issued By:
230124-SC
Subdivision Guarantee/Certificate Printed: 01.19.23 @ 04:38 PM
Page 1 WA-CT-FBCM-02150.622476-SPS-1-23-230124-SC
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Sitts & Hill Engineers, Inc.
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.
Chicago Title Company of Washington
701 5th Avenue, Suite 2700
Seattle, WA 98104
Chicago Title Insurance Company
By:
Countersigned By:
Authorized Officer or Agent
Michael J. Nolan, President
Attest:
Marjorie Nemzura, Secretary
Subdivision Guarantee/Certificate Printed: 01.19.23 @ 04:38 PM
Page 2 WA-CT-FBCM-02150.622476-SPS-1-23-230124-SC
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.230124-SC
ISSUING OFFICE:
Title Officer: Team Zeke
Chicago Title Company of Washington
701 5th Avenue, Suite 2700
Seattle, WA 98104
Main Phone: (206)628-5610
Email: TeamZeke@ctt.com
SCHEDULE A
Liability Premium Tax
$1,000.00 $750.00 $76.88
Effective Date: January 13, 2023 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:
1404 Grady 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: 01.19.23 @ 04:38 PM
Page 3 WA-CT-FBCM-02150.622476-SPS-1-23-230124-SC
THAT PORTION OF THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 24, TOWNSHIP 23
NORTH, RANGE 4 EAST, W.M., IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT ON THE NORTH LINE OF BOND ISSUE ROAD NO. 10 (NOW SOUTH 153RD STREET), 727
FEET WESTERLY OF THE WEST BOUNDARY OF C.D. HILLMAN’S EARLINGTON GARDENS ADDITION TO THE
CITY OF SEATTLE, DIVISION NO. 1, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 17 OF PLATS,
PAGE 74, RECORDS OF KING COUNTY, WASHINGTON, AND RUNNING THENCE NORTHERLY AT RIGHT ANGLES
TO SAID NORTH LINE OF ROAD TO THE NORTHERLY LINE OF THE STATE ROAD AND THE TRUE POINT OF
BEGINNING OF THE TRACT HEREIN DESCRIBED;
THENCE CONTINUING NORTHERLY AND AT RIGHT ANGLES TO SAID BOND ISSUE ROAD NO. 10 TO THE
SOUTHERLY LINE OF THE RIGHT-OF-WAY OF THE PUGET SOUND ELECTRIC RAILWAY COMPANY;
THENCE SOUTHWESTERLY ALONG SAID RIGHT-OF-WAY TO THE INTERSECTION WITH A LINE DRAWN
NORTHERLY AT RIGHT ANGLES TO SAID NORTH LINE OF SAID BOND ISSUE ROAD NO. 10, FROM A POINT
THEREON 854 FEET WESTERLY FROM THE WEST BOUNDARY OF SAID C.D. HILLMAN’S EARLINGTON
GARDENS ADDITION TO THE CITY OF SEATTLE, DIVISION NO. 1;
THENCE SOUTHERLY ALONG SAID LINE TO THE NORTHERLY LINE OF THE STATE ROAD;
THENCE NORTHEASTERLY ALONG SAID NORTHERLY LINE TO THE TRUE POINT OF BEGINNING;
(ALSO KNOWN AS THAT PORTION OF LOTS 5 AND 6 OF THE UNRECORDED PLAT OF SUNSET HOME GARDENS,
LYING NORTHERLY OF THE STATE ROAD).
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.230124-SC
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 01.19.23 @ 04:38 PM
Page 4 WA-CT-FBCM-02150.622476-SPS-1-23-230124-SC
GENERAL EXCEPTIONS
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
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 30, 1936
Recording No.: 2919487
2.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 30, 1936
Recording No.: 2919489
3.Declaration of Restrictive Covenant and the terms and conditions thereof:
Recording Date: March 15, 1974
Recording No.: 7403150407
Regarding: Building setbacks, landscaping and off-street parking
4.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, encroachments,
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: 7709289013
5.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, encroachments,
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: 7805179007
6.Ordinance No. 3890 and the terms and conditions thereof:
Executed by: City of Renton
Recording Date: August 21, 1987
Recording No.: 8708210843
Regarding: Road improvements and costs related thereto
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.230124-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 01.19.23 @ 04:38 PM
Page 5 WA-CT-FBCM-02150.622476-SPS-1-23-230124-SC
7.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, encroachments,
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: 9111049014
8.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, encroachments,
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: 20220429900028
9.Liability for Sewer Treatment Capacity Charges, if any, affecting certain areas of King, Pierce and Snohomish
Counties. Said charges could apply to property connecting to the metropolitan sewerage facilities or reconnecting
or changing its use and/or structure after February 1, 1990.
Please contact the King County Wastewater Treatment Division, Capacity Charge Program, for further information
at 206-296-1450 or Fax No. 206-263-6823 or email at CapChargeEscrow@kingcounty.gov.
* A map showing sewer service area boundaries and incorporated areas can be found at:
http://www.kingcounty.gov/services/gis/Maps/vmc/Utilities.aspx
Unrecorded Sewer Capacity Charges are not a lien on title to the Land.
10.Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be
levied for the fiscal year 2023.
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: 2022
Tax Account No.: 242304-9061-08
Levy Code: 2100
Assessed Value-Land: $591,000.00
Assessed Value-Improvements: $85,100.00
General and Special Taxes:
Billed: $7,606.62
Paid: $3,803.31
Unpaid: $3,803.31
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.230124-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 01.19.23 @ 04:38 PM
Page 6 WA-CT-FBCM-02150.622476-SPS-1-23-230124-SC
12.A deed of trust to secure an indebtedness in the amount shown below
Amount: $1,087,500.00
Dated: February 25, 2022
Trustor/Grantor: 1404 Grady LLC, a Washington limited liability company
Trustee: Chicago Title
Beneficiary: JPMorgan Chase Bank, N.A.
Recording Date: February 28, 2022
Recording No.: 20220228001381
13.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 SCHEDULE B