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10500 NE 8th St., Suite 600 CHICAGO TITLE Bellevue, WA 98004 Phone: (425)455-4995/Fax: (866)275-5010 COMPANY OF WASHINGTON NATIONAL COMMERCIAL SERVICES Flora Lee Date: July 6, 2020 City of Renton Escrow No.: 201634-SC-PA 1055 S Grady Way Buyer(s): City of Renton Renton, WA 98057 Seller(s): Kaba Investments, LLC Property: 4601 NE Sunset Blvd Renton, WA 98059 Dear Flora, The closing of the sale of the property involved in the above escrow has been completed with the recording of the appropriate documents. We enclose the following: • Refund Check No. 561001485 in the amount of$29.00 • Final Settlement Statement *Please keep this document for tax purposes • Original FIRPTA • Original Temporary Construction Easement • Original Right of Way Easement • Any policy of title insurance to which you may be entitled will be forwarded to you in the near future. We appreciate having this opportunity to be of service to you and hope you will again choose Chicago Title Company of Washington as your Escrow Agent and Title Insurer for any future sales or purchases. Sincerely, Jami Shimada --� Commercial Escrow Assistant Jami.Shimada@ctt.com is Enclosure(s) Closing Letter-Buyer/Borrower Printed: 07.06.20 @ 02:48 PM by JS SSCORPD1343.doc/Updated: 08.29.19 Page 1 WA-CT-FBCM-02150.620761-201634-SC � a Chicago Title Company of Washington (} CHICAGO TITLE 10500 NE 8th St., Suite 600 COMPANY OF WASHINGTON Bellevue, WA 98004 NATIONAL COMMERCIAL SERVICES Phone: (425)455-4995 Buyer's Final Settlement Statement Settlement Date: July 02, 2020 Disbursement Date: July 02, 2020 Order Number: 201634-SC Escrow Officer: Paula Adams Buyer: City of Renton, a Municipal Corporation 1055 S Grady Way Renton,WA 98057 Seller: Kaba Investments, LLC 9424 Vineyard Crest Bellevue, WA 98004 Lender: Property: 4601 NE Sunset Blvd Renton, WA 98059 Buyer Debit Credit Financial Consideration Purchase Price 15,400.00 Funds deposited to close 16,732.50 City of Renton Title/Escrow Charges Escrow Fee to Chicago Title Company of Washington 742.50 Owner's Policy Premium to Chicago Title Company of Washington 330.00 Coverage: $15,400.00 Version: ALTA Owner's Policy 2006 Recording Charges Recording Fees to County Recorder 221.00 Excise Processing Fee to King County Treasurer 10.00 Subtotals 16,703.50 16,732.50 Balance Due TO Buyer 29.00 Totals 16,732.50 16,732.50 ti THIS IS A CERTIFIED COPY OF THE ORIGINAL DOCUMENT(S) BY CHICAGO TITLE COMPANY OF WASHINGTON Chicago Title Company of Washington,Settlement Agent SAVE THIS STATEMENT FOR INCOME TAX PURPOSES Printed on 7/2/2020 3:42:46 PM 201634-SC CERTIFIED COPY Page 1 of 1 DocuSign Envelope ID:44BE0C83-2781-4BBE-8AC8-436808EC22B3 CHTCAG( TITLE CERTIFICATION OF ( -. l ,, N„gy NON-FOREIGN STATUS COMPANY OF WASHINGTON NATIONAL COMMERCIAL SERVICES Date: June 15, 2020 Escrow No.: 201634-SC-PA Section 1445 of the Internal Revenue Code requires a transferee (buyer) of a U.S. Real Property interest to withhold fifteen percent (15%) of the gross sales price if the transferor (seller) is a foreign person or entity unless the transferee receives a certification of non-foreign status from the transferor (seller). The certification must be signed under penalties of perjury, stating the transferor is not a foreign person/entity and containing the transferor's name, address, and U.S. Taxpayer Identification Number. Sellers who provide such a certification are exempt from withholding and the estimated tax cannot be collected from them unless the buyer or their agent have knowledge the certification is false. Certification of Non-Foreign Status by Entity The undersigned hereby certifies the following: Kaba Investments LLC is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as defined in the Internal Revenue Code and Income Tax Regulations) or a disregarded entity as defined in §1.1445-2(b)(2)(iii); The U.S. Employer Identification No.for this entity is: 46-3577828; The office address is: 9424 vineyard crst, bellevue, WA 98004 The transferor/seller understands this certification may be disclosed to the Internal Revenue Service by transferee and any false statement contained herein could be punished by fine, imprisonment, or both. Under penalties of perjury I declare I have completed this certification and to the best of my knowledge and belief it is true, correct,and complete, and I further declare that I have authority to sign this document on behalf of seller. IN WITNESS WHEREOF,the undersigned have executed this document on the date(s)set forth below. Kare. s, LLC t-i-1ll1 �SIAb 6/16/2020 BY `� �'�6R a62Managing Member Date 1 Rev.1/28/2010 FIRPTA-Seller's Certification of Non-Foreign Status Printed: 06.15.20 Q 05:01 PM by PA SSCORPD0430.doc/Updated: 10.20.17 Page 1 WA-CT-FBCM-02150.620761-201634-SC Instrument Number: 20200702002068 Document:EAS Rec: $110.50 Page-1 of 8 Record Date:7/2/2020 3:22 PM Electronically Recorded King County, WA EXCISE TAX NOT REQUIRED BY PATRICL CTI-NCS 201634-SC After recording return document to City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE Grantor(s): Kaba Investments,LLC Grantee(s): City of Renton Legal Description: LT 1 City of Renton Central Highlands Plaza SP 1 No.330-79 REC.#8002269014 Assessor's Tax Parcel Number:516970-0092 Reference Number of Related Documents: N/A TEMPORARY CONSTRUCTION EASEMENT Duvall Avenue NE Project This Temporary Construction Easement (the "Construction Easement"), is made and entered into this kt day of altke,4 , 20W, by and between Kaba Investments, LLC., a Washington limited liability company, ("Grantor"), and the City of Renton, a municipal corporation ("City"or"Grantee")s. For Good and Valuable Consideration, receipt of which is hereby acknowledged, Grantor, as the owner of that certain real property legally described on Exhibit "A" —Entire Parcel ("Property"), attached hereto and incorporated by this reference, does hereby grant to the City, a six hundred and thirty-seven (637) square foot temporary easement area for minor clearing and grubbing and excacation and fill and construction purposes in, on, over, through • and across that portion of the Property described on Exhibit "B" (Easement "Area") and depicted on Exhibit"C", which are attached hereto and incorporated by this reference, for the purpose of Temporary Construction Easement; protecting existing public and private improvements in the immediate vicinity of the Project area; and repairing, restoring and/or reestablishing any improvements disturbed while undertaking the Project activities described above. The temporary rights granted in this Construction Easement shall be effective upon execution by the parties. Grantee and/or its contractors shall provide forty-eight (48) hours notice to the Grantor of its intent to commence construction. The temporary rights granted to the Grantee shall automatically terminate and be null and void(i)twenty four(24)months after the execution of this easement or (ii) upon restoration of any existing improvements disturbed Page 1 of(7)Pages Parcel No.516970-0092 I " After recording return document to: City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE Grantor(s): Kaba Investments,LLC Grantee(s): City of Renton Legal Description: LT 1 City of Renton Central Highlands Plaza SP 1 No.330-79 REC.#8002269014 Assessor's Tax Parcel Number: 516970-0092 Reference Number of Related Documents: N/A TEMPORARY CONSTRUCTION EASEMENT Duvall Avenue NE Project This Temporary Construction Easement (the "Construction Easement"), is made and entered into this kt day of % , 202c, by and between Kaba Investments, LLC., a Washington limited liability company, ("Grantor"), and the City of Renton, a municipal corporation ("City" or"Grantee")s. For Good and Valuable Consideration, receipt of which is hereby acknowledged, Grantor, as the owner of that certain real property legally described on Exhibit "A" — Entire Parcel ("Property"), attached hereto and incorporated by this reference, does hereby grant to the City, a six hundred and thirty-seven (637) square foot temporary easement area for minor clearing and grubbing and excacation and fill and construction purposes in, on, over, through and across that portion of the Property described on Exhibit "B" (Easement "Area") and depicted on Exhibit "C", which are attached hereto and incorporated by this reference, for the purpose of Temporary Construction Easement; protecting existing public and private improvements in the immediate vicinity of the Project area; and repairing, restoring and/or reestablishing any improvements disturbed while undertaking the Project activities described above. The temporary rights granted in this Construction Easement shall be effective upon execution by the parties. Grantee and/or its contractors shall provide forty-eight (48) hours notice to the Grantor of its intent to commence construction. The temporary rights granted to the Grantee shall automatically terminate and be null and void(i)twenty four(24)months after the execution of this easement or(ii) upon restoration of any existing improvements disturbed Page 1 of(7)Pages Parcel No.516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT by the Grantee within the temporary easement area,whichever is later,but in no event later than December 31, 2023. The Grantee agrees to hold harmless, indemnify and defend the Grantor from and against any and all claims,losses or liability,for injuries,sickness or death of persons, including employees of the Grantee, or damage to property, arising out of the exercise of Grantee's rights under this Construction Easement or any willful misconduct or negligent act, error, or omission of the Grantee, its officers, agents, contractors, subcontractors, licensees, or employees, in connection with the Grantee's activities authorized by this Construction Easement, provided, however,that: (a) The Grantee's obligations to indemnify, defend and hold harmless shall not extend to injuries, sickness, death or damage caused by or resulting from the sole willful misconduct or sole negligence of the Grantor; and (b) The Grantee's obligations to indemnify, defend and hold harmless for injuries, sickness, death or damage caused by or resulting from the concurrent negligence or willful misconduct of the Grantee and the Grantor, or of the Grantee and a third party other than an officer, agent, contractor or employee of the Grantee, shall apply only to the extent of the negligence or willful misconduct of the Grantee(including an officer, agent, contractor or employee of the Grantee). Grantee shall, at its sole cost and upon completion of the work within the Easement Area, fully restore the surface and subsurface of the Easement Area and any public or private improvements disturbed by or destroyed during the execution of the work, as nearly as practicable, to the conditions as of the effective date of this easement. It is the intention of the parties that this document be strictly limited to and for the purposes expressed. This Construction Easement and covenants herein shall be recorded with the King County Recorder,shall run with the land described herein,and shall be binding upon the parties, their successors, heirs and assigns. Grantor covenants that it is the lawful owner of the above-described property and has authority to convey such easement. It is understood and agreed that delivery of this Construction Easement is hereby tendered and that the terms and obligations hereof shall not become binding upon the City of Renton, unless and until accepted and approved hereon in writing by the City of Renton. Page 2 of(7)Pages Parcel No.516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT Dated: JU- ie_ Z 3 , 20 20 Grantor: Kaba Investments LLC By Its //4 Accepted and Approved by: Washington State Employee Credit Union By: '- Name: CiS}u.l �a JocL�- Title: C_Onlh tevCG'ct.l Leiria C. rt9 0 ff I Ce-ir Accepted and Approved City of Renton 01111M By U��1( Its RtMiGv10 AO v)l u--eY Date slatt ii 2°2-0 Page 3 of(7)Pages Parcel No. 516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT STATE OF WASHINGTO ss. COUNTY OF KING I certify that I know or have satisfactory evidence that Wei-Ting Hsiao is the person who appeared before me, and said person acknowledged that they signed this instrument, on oath stated that they were authorized to execute the instrument and acknowledged it as the Managing Member of Kaba Investments LLC , to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. DATED this g 7 day of Di(,(l,t_p , 20 (SEAL) Notar li ";&JA Dg 'h, SPIV 44W' %52695 '4,(5' �+ Printed IN ame NOTARY I(UMa �,.. -- � �. Residing at %+ oPUBOCo=z cJ7.A'�;��i �„ �ti z My appointment expires /P-40/98 OF WAS -- Page 4 of(7)Pages Parcel No.516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT STATE OF WASHINGTO ss. COUNTY OF KING I certify that I know or have satisfactory evidence that MYSrAL zABALA is the person who appeared before me, and said person acknowledged that they signed this instrument, on oath stated that they were authorized to execute the instrument and acknowledged it as the Co4If C l AL- t MkN ofpcez of Ws eGU , to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. DATED this 23 day of 011NC , 207,0. (SEAL) Notary Public Pcf- TYLER J ADAMS . Printed Name NOTARY PUBLIC STATE OF WASHINGTON t Residing at pLYMP(A COMMISSION EXPIRES My appointment expires Z-f7-0/zl EXHIBIT"A" ENTIRE PARCEL it Page 5 of(7)Pages Parcel No. 516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT EXHIBIT A PROPERTY DESCRIPTION SW 1/4 OF SEC. 03, T. 23 N., R. 05 E., W.M. CITY OF RENTON, KING COUNTY, WA (PER STATUTORY WARRANTY DEED, RECORDED UNDER AUDITOR'S FILE NO. 20130614000711) LOT 1 OF CITY OF RENTON CENTRAL HIGHLANDS PLAZA SHORT PLAT I NO. 330-79, RECORDED FEBRUARY 26, 1980 UNDER RECORDING NO. 8002269014, RECORDS OF KING COUNTY, WASHINGTON. M. KFf� ti i ofans�,- nJ. •r G„s 4 .'' - - ,4,,. '')0�\46E389 e���" \FSS, ��7 S T-- $N)= ' �. . IVA: LANV`mot 3io-2024 • EXHIBIT"B" TEMPORARY CONSTUCTION EASEMENT LEGAL DESCRIPTION Page 6 of(7)Pages Parcel No. 516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. • PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT EXHIBIT 13 TEMPORARY CONSTRUCTION EASEMENT DESCRIPTION SW 1l4 OF SEC. 03, T. 23 N., R. 05 E., W.M. CITY OF RENTON, KING COUNTY,WA A PORTION OF LOT 1 OF CITY OF RENTON SHORT PLAT #330-79 RECORDED UNDER AUDITOR'S FILE NUMBER 8002269014, KING COUNTY RECORDS, SAID PORTION BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 88'36'38" WEST 5.01 FEET ALONG THE SOUTH LINE OF SAID LOT 1 TO THE TRUE POINT OF BEGINNING; THENCE NORTH 88'36'38" WEST 25.05 FEET CONTINUING ALONG SAID SOUTH LINE; THENCE NORTH 04'56'55" EAST 3,01 FEET; THENCE SOUTH 88'36'38" EAST 20.04 FEET; THENCE NORTH 04'56'55" EAST 60.78 FEET; THENCE NORTH 13'26'10" EAST 33.88 FEET; THENCE SOUTH 85'03'05" EAST 5,00 FEET TO THE WEST RIGHT—OF—WAY LINE OF DUVALL AVENUE NORTHEAST; THENCE SOUTH 04'56'55' WEST 35.00 FEET ALONG SAID RIGHT—OF—WAY LINE; THENCE NORTH 85'03'05" WEST 5,00 FEET; THENCE SOUTH 04'56'55" WEST 61.98 FEET TO THE TRUE POINT OF BEGINNING, CONTAINING 637 SQUARE FEET, MORE OR LESS. rem2m-s=t,4,y cj . �" yf L\ 1-Zf,��`� Grp s. VA c889 ". Grsrt,>ti spa~~'� y dt LFN... 3-la-2. zo EXHIBIT"C" GRAPHIC DEPICTION Page 7 of(7)Pages Parcel No. 516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. 1 I r PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. TEMPORARY CONSTRUCTION EASEMENT I 1 EXHIBIT C TEMPORARY CONSTRUCTION EASEMENT SW 1/4 OF SEC. 03, T. 23 N., R. 05 E., W.M. CITY OF RENTON, KING COUNTY, WA I S85'03'05"E iI I 5.00' it I I I 1\ ! 11 I I ( APN 5169700092) I 1 Z I KABA INVESTMENTS LLC M J w 4637 NE SUNSET BLVD 98059 ;il, �I+I1 r > Q A,-. / i, IJ LOT 1 ,� �'I r CITY OF RENTON S.P. #330-79 "'J ' D AFN 8002269014 1532.N� I rpi I w/�i N85'03'05°W 'I; I� 5.00' I S88'36'38°E ,#1 o I 20.04' z ( J. , N04'56'55°E ram' 1j _I i P.O.C. r 3.01' j N88'36'38"W —_'— if 25.05' , " AK,I iN88'3638W o N 3 0' T.P.0.8. I i Ili 5.01' _ - I 4 I rametrix TOTAL AREA 637 SQ. FT. LEGEND " r'"�/%. KFi' 1 P.O.C. POINT OF COMMENCEMENT •OF WAsypN�Uj, T.P.O.B. TRUE POINT OF BEGINNING .-/e 1O\ //J ////////////1 TEMPORARY EASEMENTAREA CONSiRUCTION \v-fP 46889 R -- — EXISTING RIGHT OF WAY UNE l�F�Pa°ISTB�`v�2Y s•ONnr. LAND S ( APN XXXXXXXXXXX ) KING COUNTY TAX PARCEL NUMBER 3-/0-2024, Page 8 of(7)Pages Parcel No.516970-0092 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. Department of re a, Revenue l REAL ESTATE EXCISE TAX AFFIDAVIT This form is your receipt ' Washington State CHAPTER 82.45 RCW-CHAPTER 458-61A WAC when stamped by cashier. THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ALL AREAS ON ALL PAGES ARE FULLY COMPLETED El Check box if the sale occurred Only for sales in a single location code on or after January 1,2020. PLEASE TYPE OR PRINT in more than one location code. 0 Check box if partial sale,indicate% n/a sold. List percentage of ownership acquired next to each name. 1111 Name Kaba Investment LLC, a Washington limited®Name City of Renton, a municipal coporation of libility company Washington x to w� Mailing Address 92424 Vineyard Crest al lit, Mailing Address 1055 S. Grady Way .- z ›.z IIICity/State/Zip Bellevue, WA 98033 iq City/State/Zip Renton.,WA 98057 Phone No.(including area code) Phone No.(including area code) (425)430-6400 n Send all property tax correspondence to: 11 Same as Buyer/Grantee List all real and personal property tax parcel List assessed value(s) account numbers-check box if personal property Name 516970-0092 0 1,437,200.00 Mailing Address ❑ 0.00 City/State/Zip ❑ 0.00 Phone No.(including area code) ❑ 0.00 .11 Street address of property: 4637 NE Sunset Blvd, This property is located in Renton ❑ Check box if any of the listed parcels are being segregated from another parcel,are part of a boundary line adjustment or parcels being merged. Legal description of property(if more space is needed,you may attach a separate sheet to each page of the affidavit) See attached 5 Select Land Use Code(s): Ill List all personal property(tangible and intangible)included in selling price. 58-Retail trade-eating and drinking(restaurants,bars) enter any additional codes: (See back of last page for instructions) YES NO Was the seller receiving a property tax exemption or deferral ❑ ❑✓ under chapters 84.36,84.37,or 84.38 RCW(nonprofit If claiming an exemption,list WAC number and reason for exemption: organization,senior citizen,or disabled person,homeowner WAC No.(Section/Subsection) .t c g ._6/4 -204 a) with limited income)? Reason for exemption /J ' Is this property predominantly used for timber(as classified under ,,�.1p, �y ��^RCW 84.34 and 84.33)or agri ❑ 2culture(as classified under RCW k ° c Lte 84.34.020)?See ETA 3215 ' 3 YES NO Is this property designated as forest land per chapter 84.33 RCW? ❑ ✓❑ Type of Document ROW Easement Is this property classified as current use(open space,farm and ❑ ❑✓ 6, Date of Document / 7/ agricultural,or timber)land per chapter 84.34 RCW? // Is this property receiving special valuation as historical property ❑ per chapter 84.26 RCW If any answers are yes,complete as instructed below. Gross Selling Price $ /S c C.1 . 00 ' (1)NOTICE OF CONTINUANCE(FOREST LAND OR CURRENT USE) Personal Property(deduct) $ 0.00 NEW OWNER(S):To continue the current designation as forest land or j classification as current use(open space,farm and agriculture,or timber)land, Exemption Claimed(deduct) $ ! , you must sign on(3)below.The countyassessor must then determine if the 1 Taxable Selling Price $ 0.00 land transferred continues to qualify and will indicate by signing below.If the land no longer qualifies or you do not wish to continue the designation or classi- Excise Tax:State fication,it will be removed and the compensating or additional taxes will be due Less than$500,000.01 at 1.1% $ 0.00 and payable by the seller or transferor at the time of sale.(RCW 84.33.140 or RCW 84.34,108).Prior to signing(3)below,you may contact your local county From$500,000.01 to$1,500,000 at 1.28% $ 0.00 I assessor for more information. From$1,500,000.01 to$3,000,000 at 2.75% $ 0.00 • This land ❑ does Q does not qualify for continuance. Above$3,000,000 at 3.0% $ 0.00 Agricultural and timberland at 1.28% $ 0.00 Total Excise Tax:State $ 0.00 DEPUTY ASSESSOR DATE 0.0050 Local $ 0.00 (2)NOTICE OF COMPLIANCE(HISTORIC PROPERTY) *Delinquent Interest:State $ 0.00 NEW OWNER(S):To continue special valuation as historic property,sign(3) below.If the new owner(s)does not wish to continue,all additional tax calcu- Local $ 0.00 lated pursuant to chapter 84.26 RCW,shall be due and payable by the seller or *Delinquent Penalty $ transferor at the time of sale. 0.00 (3)NEW OWNER(S)SIGNATURE Subtotal $ 0.00 *State Technology Fee $ 5.00 *Affidavit Processing Fee $ 5.00 PRINT NAME Total Due $ 10.00 A MINIMUM OF$10.00 IS DUE IN FEE(S)AND/OR TAX • *SEE INSTRUCTIONS 8 I CERTIFY UNDER PENALTY RJURY T T E FOREGOING IS TRUE AND CORRECT Sirtre of trantee ofllirPeQ‘L Grantor or Grantor's Agent Grantee or Grantee's Agent Name(print) otjl �] f is( Name(print) _/� /' M �j 1�. , � •Date&city of signing 6/(?,?? /�/s� `pit ,Date&city of'signing 11 LIW22 1/l / Perjury:Perjury is a class C felonyl which is punishable�bby-imprisonment in the state correctional institution for a maximum term of not more than five years,or by a fine in an amount fixed by the court of not more than five thousand dollars($5,000.00),or by both imprisonment and fine(RCW 9A.20.020(IC)). REV 84 0001a(12/6/19) THIS SPACE-TREASURER'S USE ONLY COUNTY TREASURER PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. RIGHT OF WAY EASEMENT EXHIBIT "B" RIGHT OF WAY LEGAL DESCRIPTION EXHIBIT B PERMANENT EASEMENT DESCRIPTION SW 1/4 OF SEC. 03, T. 23 N., R. 05 E., W.M. CITY OF RENTON, KING COUNTY, WA A PORTION OF LOT 1 OF CITY OF RENTON SHORT PLAT NO. 330-79 RECORDED UNDER AUDITOR'S FILE NUMBER 8002269014, KING COUNTY RECORDS, SAID PORTION BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 88'36'38" WEST 5.01 FEET ALONG THE SOUTH LINE OF SAID LOT 1; THENCE NORTH 04'56'55" EAST 61.98 FEET; THENCE SOUTH 85'03'05" EAST 5.00 FEET TO THE WESTERLY RIGHT OF WAY LINE OF DUVALL AVENUE NORTHEAST; THENCE ALONG SAID WESTERLY RIGHT OF WAY LINE SOUTH 04'56'55" WEST 61.67 FEET TO THE TRUE POINT OF BEGINNING. CONTAINING 309 SQUARE FEET, MORE OR LESS. CL of wa y�Mti/ % Ey yyo,� / i .1 Pow �86 , �-.' f A L .,4'4' s T s0 Jam, 2-IZ-Zo Parcel No.516970-0092 Page 6 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. Instrument Number: 20200702002067 Document:EAS Rec: $110.50 Page-1 of 8 Excise Docs: 3055276 Selling Price: $0.00 Tax Amount: $10.00 Record DI ate:7/2/2020 3:22 Pr Electronically Recorded King County, WA EXCISE TAX NOT REQUIRED BY PATRICL CTI-NCS 201634-SC After recording return document to: City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE Grantor(s): Kaba Investments,LLC Grantee(s): City of Renton Legal Description: LT 1 City of Renton Central Highlands Plaza SP 1 No.330-79 REC.#8002269014 Assessor's Tax Parcel Number: 516970-0092 Reference Number of Related Documents: N/A RIGHT OF WAY EASEMENT Duvall Avenue NE Project The Grantor(s), Kaba Investments, LLC., a Washington limited liability company, for and in consideration of $10.00 and other valuable consideration, receipt of which is hereby I acknowledged,does hereby grant and convey unto the City of Renton,a municipal corporation, and its successors and assigns (the Grantee), for use by the public forever, from the property legally described on Exhibit "A" — Entire Parcel (the "Property"), attached hereto and incorporated by this reference, a permanent right of way easement, for the purposes described' below, over, in, on, along, across,through,below and upon,the portion of the Property legally described on Exhibit"B", (the "Right of Way Easement") and depicted on Exhibit"C", which are attached hereto and incorporated by this reference. The Grantee and its agents,designees and/or assigns, and the public, shall have the right at such times as deemed necessary by Grantee,to enter upon, over, under and across the Right of Way Easement to inspect, construct, reconstruct, operate, use, travel on, maintain, repair, I replace and enlarge the public rights-of-way for all public purposes, including but not limited to, motorized and non-motorized vehicular travel lane, landscaping, sidewalks, street lights, utilities (including without limitation water, sewer, storm water, electric, gas, telecommunications, cable and fiber optics, either owned or operated by Grantee or those utilities which provide service to Grantee or its citizens and are operated by permission of Grantee through franchise or permit)appurtenant slopes,cuts,fills and retaining walls,together Parcel No.516970-0092 Page 1 of(7)Pages I ' After recording return document to: City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE Grantor(s): Kaba Investments,LLC Grantee(s): City of Renton Legal Description: LT 1 City of Renton Central Highlands Plaza SP 1 No.330-79 REC.#8002269014 Assessor's Tax Parcel Number: 516970-0092 Reference Number of Related Documents: N/A RIGHT OF WAY EASEMENT Duvall Avenue NE Project The Grantor(s), Kaba Investments, LLC., a Washington limited liability company, for and in consideration of $10.00 and other valuable consideration, receipt of which is hereby acknowledged,does hereby grant and convey unto the City of Renton,a municipal corporation, and its successors and assigns (the Grantee), for use by the public forever, from the property legally described on Exhibit "A" — Entire Parcel (the "Property"), attached hereto and incorporated by this reference, a permanent right of way easement, for the purposes described . below, over, in, on, along, across, through, below and upon, the portion of the Property legally described on Exhibit "B", (the "Right of Way Easement") and depicted on Exhibit"C", which are attached hereto and incorporated by this reference. The Grantee and its agents,designees and/or assigns, and the public, shall have the right at such times as deemed necessary by Grantee, to enter upon, over, under and across the Right of Way Easement to inspect, construct, reconstruct, operate, use, travel on, maintain, repair, replace and enlarge the public rights-of-way for all public purposes, including but not limited to, motorized and non-motorized vehicular travel lane, landscaping, sidewalks, street lights, utilities (including without limitation water, sewer, storm water, electric, gas, telecommunications, cable and fiber optics, either owned or operated by Grantee or those utilities which provide service to Grantee or its citizens and are operated by permission of Grantee through franchise or permit)appurtenant slopes,cuts,fills and retaining walls,together Parcel No. 516970-0092 Page 1 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. RIGHT OF WAY EASEMENT with the right of ingress and egress thereto without prior institution of any suit or proceedings and without incurring any legal obligation or liability therefore. THIS EASEMENT is executed and delivered and said easement is granted upon the following conditions to wit: 1. The Grantor,its heirs,executors,administrators, successors and assigns,hereby releases the Grantee, its agents and employees, assigns and successors from any and all liability for damage to the remaining lands resulting from this conveyance, and construction and maintenance of the right of way, provided the Grantee, its agents and employees, assigns and successors shall, as soon as practicable, after construction of the retaining wall and all subsequent alterations and repairs thereto, restore all property to the Grantor to a neat and presentable condition. 2. Grantor shall not interfere in any manner with the easement rights granted to Grantee and the public in this Right of Way Easement. Without limitation, Grantor shall not (1) erect or maintain any buildings, structures, or improvements within the Right of Way Easement; (2) disturb the lateral or subjacent support of the roadway, sidewalks, utilities and other improvements and uses of the Right of Way Easement by Grantee, or undertake any form of construction or other activity that may disturb or damage the roadway, sidewalks, utilities, or other improvements or uses of the Right of Way Easement by Grantee;or(3)plant trees, shrubs, or other vegetation having deep root patterns that may cause damage to or interfere with the use of the streets, sidewalks, or utilities. 3. The rights granted herein shall not be construed to interfere with or restrict the Grantor, its heirs, executors, administrators, successors and assigns from the use of the Property outside of the Easement Area for the construction and maintenance of property improvements outside of the Easement Area. 4. This Right of Way Easement and the rights, obligations and covenants stated in this Right of Way Easement shall run with the land and shall be binding upon and shall:inure to the benefit of the Grantor and Grantee. This Right of Way Easement shall be recorded with the King County Recorder's Office. 5. It is understood and agreed that delivery of this Right of Way Easement is hereby tendered and that the terms and obligations hereof shall not become binding upon City of Renton unless and until approved hereon in writing by City of Renton. Parcel No. 516970-0092 Page 2 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. j RIGHT OF WAY EASEMENT Dated: 6/;21/2-0 2-a , 20 ? Grantor: Kaba vestments LLC By Its / Man -e Accepted and Approved by: Washington State Employee Credit Union By: lQ Name: CVJS 7 / o Title: Conlm,ekGi a.-/ Lo & 7 D-FH C-e� Accepted and Approved City of Renton Lsoutca..) By I_ r A Its at b[-0 VVo i MIMYIN'�(" _... Date Q %• 20Zo Parcel No. 516970-0092 Page 3 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. RIGHT OF WAY EASEMENT STATE OF WASHINGTO ss. COUNTY OF KING I certify that I know or have satisfactory evidence that Wei-Ting Hsiao is the person who appeared before me, and said person acknowledged that they signed this instrument, on oath stated that they were authorized to execute the instrument and acknowledged it as the Managing Member of Kaba Investments, LLC, to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. DATED this 2 7 day of e , 20O . (SEAL) .o...AN A,�� ublic • ,1A b"i; Jr.co" .02698�14 , �y ry JOC V/S NOT/ 1' °at �/ Print: ame i �..►......rie N°',°�o� /� PUBOG= Residing at 'r/<ivi •.9 �� FXPIRES�Sr '�? 1 i 4- % `WASN�� s My appointment expires /A 9-0 c93 I ' Parcel No. 516970-0092 Page 4 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. ----------- RIGHT OF WAY EASEMENT STATE OF WASHINGTO ss. COUNTY OF KING I certify that I know or have satisfactory evidence that C1 y TAL- 7-A6'ALA is the person who appeared before me, and said person acknowledged that they signed this instrument, on oath stated that they were authorized to execute the instrument and acknowledged it as the E.DMMERo AL. OM of Ft calk of WS ELt, , to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. DATED this 17 day of V , 20 20 . (SEAL) Notary Public TYLER ,1 ADAMS Printed Name NOTARY PUBLIC STATE OF WASHINGTON Residing at vt-YM PP A commissION EXPIRES FEBRUARY28, 2021 My appointment expires Z/ZS/Zi Parcel No.516970-0092 Page 5 of(7)Pages ---------- ---------------- - ----- PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY, RIGHT OF WAY EASEMENT 1 EXHIBIT "A" ENTIRE PARCEL EXHIBIT PROPERTY DESCRIPTION SW 1/4 OF SEC. 03, T. 23 N., R. 05 E., W.M. CITY OF RENTON, KING COUNTY, WA (PER STATUTORY WARRANTY DEED, RECORDED UNDER AUDITOR'S FILE NO. 20130614000711) LOT 1 OF CITY OF RENTON CENTRAL HIGHLANDS PLAZA SHORT PLAT 1 NO. 330-79, RECORDED FEBRUARY 26, 1980 UNDER RECORDING NO. 8002269014, RECORDS OF KING COUNTY, WASHINGTON. • • • �l2'w."".L..1 '1.117Y.::'.l'�4`,,"YYCS.:S'YS�. ' t � 46889 Q/4,,,/ 'VAL LAND,?` { �'smYYs:ssX.s^Tm¢....rzzrazxrevrrr<z:nze�7�� 2-/2-Z� Parcel No.516970-0092 Page 6 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. ---------- -- ---- --- RIGHT OF WAY EASEMENT EXHIBIT "B" RIGHT OF WAY LEGAL DESCRIPTION EXHIBIT B PERMANENT EASEMENT DESCRIPTION SW 1/4 OF SEC. 03, T. 23 N., R. 05 E., W. . CITY OF RENTON, KING COUNTY, WA A PORTION OF LOT 1 OF CITY OF RENTON SHORT PLAT NO. 330-79 RECORDED UNDER AUDITOR'S FILE NUMBER 8002269014, KING COUNTY RECORDS, SAID PORTION BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 88'36'38" WEST 5.01 FEET ALONG THE SOUTH LINE OF SAID LOT 1; THENCE NORTH 04'56'55" EAST 61.98 FEET; THENCE SOUTH 85'03'05" EAST 5.00 FEET TO THE WESTERLY RIGHT OF WAY LINE OF DUVALL AVENUE NORTHEAST; THENCE ALONG SAID WESTERLY RIGHT OF WAY LINE SOUTH 04'56'55" WEST 61.67 FEET TO THE TRUE POINT OF BEGINNING. CONTAINING 309 SQUARE FEET, MORE OR LESS. y �Q� o If s e�,/ x; Li , 64 ..yL .. '/f��i 1 \ FO\FtiSsN?TF0vI`9 889 '�atn ::aZ�tttiw:,,r.,vrr�mzk,iru�rtr,U^� 2-12-2.a • Parcel No. 516970-0092 Page 7 of(7)Pages PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. RIGHT OF WAY EASEMENT EXHIBIT "C" GRAPHIC DEPICTION EXHIBIT C PERMANENT EASEMENT • SW 1/4 OF SEC. 03, T. 23 N., R. 05 E., W.M. CITY OF RENTON, KING COUNTY, WA UNSEX BLv° ' E 0) I N S 0 I�NP -- \ I, ...- ; I, I I ,4t1 ; I 11 y; w ,__------ r , � Z ( APN 5169700092 ) ' 4 1 11 w KABA INVESTMENTS LLC i I i' < 4637 NE SUNSET BLVD 98059 1 !ii -J I S85'03'05"E i I If i 5.00' 1I 1,1 0 I LOT 1 �,11 . 1 CITY OF RENTON S.P. #330-79 �' " AFN 8002269014 w I :2 i i 'n co I Nr ? f T.P.O.B. 4. .... .. .....1. N88'36'38"W I ,iSk .. i 5.01' TOTAL AREA N 0 ,V 50' 309 SQ. FT. `� � so' - Parametrix LEGEND f a..., '7r T.P.O.B. TRUE POINT OF BEGINNING -/V-p wA ye��� � �/�������j�/) PERMANENT EASEMENT AREA ;j�f��� Nagy\,-"• EXISTING RIGHT OF WAY LINE , PROPOSED PERMANENT EASEMENT LINE , - - - - - CENTERLINE 'O\ : `•,', __ \*'oo\,? 46889 • �'/ -- PROPERTY LINE ' \FSS`EGISTE VQ=j ( APN XXXXXXXXXXX ) KING COUNTY TAX PARCEL NUMBER -..Nnt 1_ANo.' 2-1Z-Zo Parcel No.516970-0092 Page 8 of(7)Pages ------ --------- ---- PLEASE MAKE NO MARK IN THE MARGIN SPACE-RESERVED FOR COUNTY RECORDER'S USE ONLY. Y 0(, x•\ % \1 PUBLIC WORKS DEPARTMENT 1+ r MEMORANDUM • DATE: " July 1, 2020 TO: Martin Pastucha, Public Works Administrator CC: Bob Hanson,Transportation Design Manager FROM: Jim Seitz,Transportation Director STAFF CONTACT: Flora Lee,Transportation Project Manager/Civil Engineer.III SUBJECT: Duvall Avenue NE Project Project Parcel#16 (Kaba Investments, LLC) Signature for the settlement statement and escrow instructions for Right-of-Way easements As part of the Duvall Avenue NE Project, a temporary construction easement (TCE) and a right-of-way (ROW) easement are being acquired from Kaba Investments LLC, property located at 4637 NE Sunset Blvd, Renton and identified as King County Assessor's tax parcel number 516970-0092. Chicago Title Insurance Company, has provided the,settlement statement of$16,732.50 (including$15,400 easements purchase and escrow and recording charges) and escrow instructions for City's signature. Please sign and return or email both documents to Flora Lee. She will coordinate with Escrow and Finance regarding recording and release of payment. I c.\users\Imoschetti\desktop\parcel 16 to pw admin 07-01-2020-kaba.docx Chicago Title ComP anY-of Washington:: . CHICAGO.TITLE : : 10500 NE 8th St.,•suite 600 COMPANY OF WASHINGTON Bellevue,WA 98004 NATIONAL : COMMERCIAL SERVICES. Phone: (425)455-4995. Buyer's Estimated Settlement Statement Settlement Date: .July 02, 2020 Disbursement Date:: July 02, 2020-,_ Order Number: 201.634=SC :... Escrow:Officer: : Paula Adams Buyer i : City of Renton;:a Municipal Corporation 1055 S Grady Way Renton, WA 98057 eer: Kaba Investments, LLC : : : 9424 Vineyard Crest Bellevue,WA:98004 •. . Lender : . Property: 4601 NE.Sunset Blvd Renton,WA 98059 Buyer . .. . De bitCredit _. • Financial Consideration Purchase Price 15,400.00 Title/Escrow Charges Escrow Fee:to Chicago Title Company.of:Washington 742.50 Owner's Policy Premium to Chicago Title Company of Washington 330.00 Coverage: $15,400.00: Version: ALTA Owner's Policy 2006 Recording Charges Recording Fees to County Recorder 250.00 est Excise Processing Fee to King County Treasurer . 10.00 Subtotal*: 1.6,732.50 0.00 Balance Due FROM Buyer : 16,732.50 Totals 16,732.50 16,732.50 • • See signature page to follow. Printed on 7/1/20201:24:2TPM 201634-SC Page 1 of 2 . . - Buyer's Estimated Settlement Statement I'have carefully reviewed the Settlement Statement,and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements to be made on my account or by me in this transaction. I further certify that I have received a copy of the Settlement.Statement: BUYER:. City of Renton Printed on 7/1/20201:24:21 PM Page SC .. . Page 2 of 2 . • LOSING E:SCROW: :_ •. CHICAGO TITLE INsrRucTioNs COMPANY ••OF WASHING•TON .... . . NATIONAL.COMMERCIAL SERVICES . ....• . . . Chicago Title Company of Washington -: • pater ' June 15,2020 •• 8t t., Suite 600 Escrow No.: 201634-SC-PA • Bellevue;WA 98004 . • . Buyer(s): Citq of Renton : . Phone: (425)455-4995.:Fax (8.66)275-5010 Seller(s.): • Kaba Investments;LLC •* Property, • 4601. NE Sunset Blvd ' Renton,WA 98059 The undersigned purchaser and seller:(referred:to herein as:"the Parties".) hereby designate,and appoint;Chicago;• -:. Title,Company.of Washington•(referred to herein:as"Escrow Holder"):to act as their'closing agent according to the : '• : ... following 9 a reements_and instructions. SELLER•DEPOSITS .. SELLER herewith de osits with you under these instructions the followin ' 9: .. 1. . . Real Estate Purchase.and Sale Agreement 2, Excise Tax Affidavit 3. . ..'Taxpayer.Identification Number.-Solicitation . .: . -: . • . 4. , Certification of Non-Foreign Status : • • •• • .5.. Right.of Way Easement • .. ..6. Temporary Construction Easement- - . which you are instructed ed to deliver, release and/or record when:you have.for the account of the:Seller Fifteen •.•.Thousand.Four Hundred And No/100 Dollars'($15,400.00)subject to any charges and/or credits authorized herein • - and . PURCHASER/BORROWER DEPOSITS PURCHASER herewith deposits with:escrow: • . 1.. Funds pursuant to the closing statement approved by the undersigned purchaser. ., . ..:. ' :.PURCHASER has paid outside.of.escrow. : . NONE . which sums and documents you are instructed to•use: ••• • •• • • • 1. . . TITLE,:INSURANCE: .When:you_are able:to close:according::to:the terms and conditions set:forth.in the: :- . Real Estate Purchase and Sale Agreement; and Addendums attached thereto if any; and in compliance • ' with these instructions, and:issue your policy.(or policies) of title insurance in the amount.(or amounts)as . follows: ALTA: Owner's.'Policy .2006 in the:amount of Fifteen .Thousand Four Hundred And :No/100 Dollars :' containing the insuring clauses, exceptions,'exclusions, provisions, stipulations and:legal descriptions as.::' '.. • .. .:. contained.in commitment issued_under number 201634-SC which:parties.herein have read and.approved,::• : • - and ... . ' .• . . .. . . . • • a: Commitment dated April 30, 2020 • b: Conditions, restrictions or reservations as may be contained in the.plat of Federal or State patents •. c: ..Matters attaching by;:through or under the,Grantee ::.•: • •: • • d...:Special exceptions 1.:through 6,:9 through.:11 and 2nd 1/2 2020 real estate taxes under the above . commitment number. 2. SETTLEMENT STATEMENTS. You 'are instructed to disburse deposited: funds pursuant to closing .: Statement(s) examined and approved by the parties; hereto and'by this reference;,made a part hereof. :: ' ' Certain:items shown on the closing statements may be estimated only and- the, final figures may .be. • : adjusted to accommodate exact amounts required:at the time:of disbursement. .It is the responsibility of - the Parties to carefully review their cloSing Statement and notify Escrow Holder of any errors prior to Or at signing:: In the event the:closing date_changes,or other fees are incurred,the•amounts will : . be adjusted at closing: Any errors discovered post-closing are still.the obligation of the Parties. ' ' •The Parties agree to cooperate with any request for,the return•of or remittance.of additional funds . . .. owed pursuant to instructions and/or.the mutually,executed.Purchase:and Sale Agreement and • : . : : :•any Addenda relating,to this transaction. • El-Sia ' : Printed:'06.15.20 @ 05:12 PM by PA - .WA00000863.doc I Updated: 12.03.19. . .. Page 1 WA,CT-FBCM-02150.620761-201634.SC • ' CLOSING ESCROW INSTRUCTIONS' -: .. (continued). . . . 3. APPROVAL OF DOCUMENTS. :The undersigned have. examined.and hereby approve for use in this - `escrow the following documents as,to.content:and form: :• . a. Estimated Settlement Statements (subject to changes;corrections and or additions at the time of final : . . • .: - computation,of closing of.escrow) :... .. .. .. . . : b. Real Estate Excise Tax Affidavit • c. Right of Way Easement :•:, 1,i... d. _Temporary Construction Easement ' •••• - j: 4. . ;PRORATIONS.' You are instructed to'prorate:as of Date:of Recording the following: : .. : :" • • REAL ESTATE TAXES . . .Assume'a per diem•basis in any pro-rate'herein provided, except rents which shall be pro-rated on the : ' thirty(30) day month; and unless parties otherwise instruct you you are:to use the:information:contained:: . in the last available tax statement. .. . .. 5. •• •TRUST ACCOUNT. •All money received by you in this escrow'is to be' deposited•in your,trust account pending closing:and does not accnie interest. ' 6. F.UNDSIDOCUMENTS:REQUIREMENT. You:are instructed that all.money.and documents required.by you herein:shall be deposited with you on or before thirty(30)'days from the:date.hereof. :If this escrow . has not been placed in a condition to close by said date, the above items.deposited by me (us).are to be: . . .. :returned to me .(us) :upon written demand; at which :time I/we•will pay all:your charges in:connection I :herewith, but in the absence-of such written demand, will proceed with these instructions as soon as. :':. practicable. you 7.: DEPOSIT OF FUNDS: AII, checks; cashier's check or wired funds will:be processed for:collection in the normal course of business. Escrow Holder.may commingle funds:received:by it in:,escrow with escrow ::• funds of others, and may, without:limitation .deposit such.funds in:its.custodial.or escrow;accounts:with • ' any reputable trust company, bank, savings bank, savings association; or other•financial services entity, including any affiliate.of Escrow Holder: .It•is understood that:Escrow Holder shall be under no obligation: . •. . . • ,... :to invest the funds deposited with it on behalf of any.depositor;:nor shall it be accountable for any earnings ., .. : :or incidental benefit attributable to the funds, which may be received by Escrow Holder while it:holds such.:..:. . :funds.•••:.. .. . .. .. 8:: REAL ESTATE:PURCHASE AND•SALE.AGREEMENT.' These escrow instructions are not intended to • . amend, modify or supersede the terms and:conditions:set forth in:the Real:Estate Purchase and:Sale Agreement::•Escrow is:to be concerned only with the provisions specifically set forth in these instructions. • ..• and identified by the Buyer:and Seller as conditions to the.closing of:this escrow.: All terms.and provisions ..• : . • . . . ••;of the:above agreements have been met to, the satisfaction of.all:parties herein or will be complied with,' •outside of this escrow. .... . : ' -- . : 9. -: .DISCLOSURE OF•INFORMATION TOi THIRD PARTIES. You are instructed to furnish to any broker or: lender.identified with this r transaction: or anyone.'acting on-behalf Of.'such lender,' any information'•. • . . concerning.this Escrow upon request of said.broker or lender. ' 10. DISPUTES;: Should any dispute arise between parties'interested'n:property or.funds covered by these i. . instructions, .you shall have the option to holdall matters pending in their then:existing status or to join in .. .. or commence a'court action, deposit the money and documents.referred;to_herein into the Registry. the- . .. 'Court.or upon holding'this escrow open for determination of the.rights'of.the parties;,.you:will be relieved of... . .. all responsibility.• It is.further agreed that in the event of anysuit or claim.made against you b: either or' . .. 9 Y .•:both parties to this Agreement.that said; parties shall be required to pay you all:expenses,: costs and: : :: . . • • ••• •• 'reasonable attorneys fees in'connection herewith;whether,suit is instituted by you or any of the parties . hereto. ' 11. FIRE INSURANCE. Purchaser(s):shall obtain.new.fire.insurance.coverage:and seller:is authorized to I cancel their coverage upon receipt of net proceeds. ' 12.: ' :PERSONAL PROPERTY.(Personal Property, if any; shall be transferred;solely between the parties;to this ' . transaction outside'of this escrow and Escrow Holder.shall not be responsible for same. . . . 13.: UTILITIES: The undersigned hereby advises Escrow Holder that proration and payment of:all.Utilities;:: .. . including but not limited,to, water, sewer, garbage,'electricity, gas:and oil, will,be handled between the • ..: : parties outside of.escrow. •Escrow.Holder shall not be,responsible for determining whether any utilities charges are_or may become due'Or for payment of any such charges. :By signing:these;instructions;the undersigned:hereby assume full responsibility for proration'and payment, if any;.of utilities as described above and as•inay be contained in the Real Estate Purchase and.Sale Agreement between'parties.. 14.: : COMPLETION OR CORRECTION OF:DOCUMENTS. The Escrow Holder is instructed to correct any:: ... . errorfoundin any.document deposited:under these;instructions,and to:insert as necessary the•closing:. date, the•date on,which interest ibegina to accrue,: and the dates:on which payments must be made, if. . such items are incomplete. • El-Sale: Printed: 06.15.20 @ 05:12 PM byA'.:, • •• • • P . WA00000863.doc t updated: 12.03.19 ' •' •. . .Page 2 . .. . .. WA-CT-FBCM-02150.620761-201634-SC • • . .•• CLOSING ESCROW:INSTRUCTIONS (continued) . • 15. PAYMENT OF: OMITTED TAXES. : If any.additionai real property taxes are assessed for recent ,;,. ' improvements.made to.the:property;and not added to the:tax rolls before the closing date;the parties:shall ' pay their.respective shares of such'omitted taxes,.pro-rated as of the closing date, within'thirty(30) y 'days. .. after :receipt of:notification.,that such;taxes have,_been assessed. The Escrow...Holder shall not be..._ : :... . : . .responsible or liable for any collection or payment of omitted.taxes. • 16.: 'NONRESIDENT ALIEN. The Foreign Investment in Real Property Tax Act (FIRPTA), Title 26 U.S.C.,':' Section 1445, and the regulations,there under,•provide in part, that a.transferee (buyer).of.e U.S. real . • • property interest from a.foreign person must withhold a statutory percentage of the amount.realized on the e withholdingto the:Internal Revenue Service (IRS) within •' disposition, report the transaction and remit-the : twenty(20)days after the.transfer::Chicago Title.Company.of Washington will:not determine.nor aid in'the . 'determination'of whether the FIRPTA withholding provisions'are.applicable to the subject'transaction, nor. .; ... 1act as.:a Qualified Substitute under state:or federal: law, nor- furnish,tax;advice.to any party to the:..' . . transaction. Chicago Title Company of Washington will not:determine:nor aid in the.determination of•' .. . • .. whether:the transaction will qualify for an exception or an exemption and is notiresponsible for the'filing of :': anytax.forms with the IRS as theyrelate to FIRPTA; nor res p onsible'for collectingand holding. of an. P ' 9 Y:..: . documentation from the-buyer or seller on the buyer's behalf for the purpose.of supporting a claim of an - exception or.•exemption: Chicago Title.Company of Washington::is,not an agent for the buyer for the purposes of:receiving::and analyzing any evidence or documentation that the seller•in:the subject ' transaction is:a U.S.citizen:or resident alien. :Chicago Title Company of Washington is not:responsible.for •: ' the payment of this tax and/or penalty and/or interest incurred.in connection therewith and such taxes are : not a:matter covered'by the;Owner's Policy of Title Insurance to be issued:to the buyer. Chicago Title:::• • • Company.of Washington is.not responsible for the completion.of any IRS documents or related forms. :. .' . related to the referenced statute. The buyer is advii.sed: they must independently make a determination of: • whether the;contemplated transaction.is subject to the withholding requirement;.bear full responsibility.for • . : compliance.with the withholding requirement:if applicable-and/or for.payment of.any tax, interest, penalties and/or other may ex enses•that be due on'the subject transaction; and the p are responsible for the P completion of:any and:allforms, including but•not limited to:applicable IRS documentation, and the mailing of those forms.-The Buyer is advised'any forms; documents, or.information received from Chicago Title .. • Company of Washington is:not tax or legal advice:and:should.not be construed as:such nor treated as a;., . . .complete representation of FIRPTA requirements Buyer should seek outside counsel from'a qualified ': •' . . .. •• •:. : •,individual to determine any and,all implications of the referenced:statute..:.•: 17. REAL PROPERTY TRANSFER DISCLOSURE STATEMENT. Under.Chapter.200, Laws of 1994 (Title . . •. .. . .. 64 RCW) the seller may be required to provide the purchaser with.a Real Property Transfer Disclosure •• ' • Statement. Escrow Closer has not advised ,either party as to the scope of such rights or duties and'has advised both'parties to review these,matters:with:an attorney of their:choice Purchaser:hereby confirms • .': :. i '•' to'the Escrow•Closer•that any Reel'Property Transfer Disclosure Statement required by RCW 64 has been . .. ., received by purchaser prior to;the closing date. Escrow Closer has no duty to independently confirm such:.-. •. . .receipt:by purchaser. . 18i CONDITIONS OF PARTIES' 'AGREEMENT SAT_ISFIED. ::All terms:-and conditions of the: parties'::: : agreement have been met to my satisfaction,.or will be met;satisfied or complied with outside of escrow: . . •• .19. COLLECTED FUNDS If funds for:closing are tendered in a form other,than wire transfer, Escrow Holder . will be unable to,record:and.disburse until such time as all funds deposited are considered:collected..: . : 20., . .ESCROW.HOLDER'S FEES AND EXPENSES. The Escrow Holder's fee is intended as compensation for. --. - .services set forth-in these instructions.: .If additional services.are:required to comply.with any:change or:.. . .. :addition to:the parties'agreement or these instructions, or as a result of any party's assignment of interest or dela in performance, the:parties agree-to a a'reasonable fee for such.services.. :The parties shall.:: . . Y ppayi - also.reimburse.the Escrow Holder for any out-of-pocket costs•and• expenses•incurred by it.under these • instructions.;•The Escrow Holder's;fees,costs and expenses shall be Idue,and payable on the closing date . . . . . or other termination of the Escrow:Holder's duties and responsibilities under these instructions, and shall be paid one=half.each by buyer and seller unless otherwise provided in the parties';agreement: • 21. . •• INTERPLEADER:ACTION The principals hereto:expressly agree that you;as Escrow.Holder,.have the : . - ! absolute right at your election to file an action in interpleader requiring the principalsao answer and litigate •• • ••• :their several claims and rights among themselves and you are authorized to deposit with the clerk of the :court all:documents.and funds:held in this.escrow:. In the event:such action•is filed,:the principals:jointly; and.s verally agree.to pay.your cancellation charges and costs, expenses and.reasonable attorney's fees - which you are required.to expend.or incur in;such inter ,pleader action, the amount thereof to be fixed;and : . judgment therefore to be rendered by the court..Upon the filing of such action, you shall thereupon be:fully released and discharged from all obligations imposed by the terms of this escrow or otherwise:. 22.. . 'HRIGHT OF RESIGNATION. Escrow Holder has the right to:resign upon.written notice delivered to the : . . • • parties herein. If•such right:is exercised, all funds and documents shall .be returned to the party who_ deposited them end.• Escrow.Holder shall:have no liability hereunder. ADDITIONAL INSTRUCTIONS ' ' .:. : : ..1.. .CONDITION,.COMPLETION AND.DELIVERY: Escrow:Holder is to assume no,responsibility or liability of ::.; ' anynature regarding the condition;:completion-or delive of the property. g 9 P rY subject El-Sale :: - - Printed: 06:15.20 @ 05:12 PM by PA•: .. WA00000863.doc,/updated:, 12,03.19 Page 3' WA-CT-FBCM-02150.220761-201634SC•'•- •• CLOSING ESCROW:INSTRUCTIONS . (continued). • • 2.. NO LEGAL ADVICE-OBTAIN OUTSIDE LEGAL COUNSEL: All parties to this escrow acknowledge • that Chicago:Title Company of Washington does not provide legal advice nor has it made:any investigation,representation or assurances whatsoever regarding the-compliance of this transaction with • any tax,:securities or other laws of the United States Or the state in'which,this transaction'is consummated. - Escrow Agent recommends that the parties obtain independent legal counsel as to tax,:securities.or:other : as le al ects of this transaction. • ' • 9 P • :3: PSA CONTINGENCIES HAVE BEEN:MET: ;The undersigned hereby agree that.ail special.conditions and contingencies of the Purchase and Sale Agreement,together with any,and all addenda thereto; either • . . have been-or will be met to their satisfaction.or waived: Chicago Title Company of Washington,:as. : Escrow Holder,shall only be•responsiblefor'closing in accordance with the written terms of the:Purchase, :•• :..:and Sale Agreement and any:other written instructions deposited to escrow. The parties shall hold • Chicago:Title Company of Washington and its employees harmless from any claim resulting from the 9 .. . failure of any party to meet any additional conditions and/or contingencies. 4. RECEIPT OF DOCUMENTS: Buyer/Seller acknowledge receipt of copies of altdocuments signed in the: : closing of the above mentioned escrow. THE.PARTIES.REPRESENT:THAT THEY HAVE CONSULTED WITH:SUCH INDEPENDENT LEGAL COUNSEL... AND/OR TAX: ADVISORS :AS. THEY DEEM ADVISABLE TO.: DETERMINE THE•:TAX AND LEGAL CONSEQUENCES OF THIS TRANSACTION AND THAT THEY ;ARE NOT::RELYING::ON THE ESCROW.. HOLDER, ITS OFFICERS•AND EMPLOYEES FOR SUCH ADVICE. • • •IT IS UNDERSTOOD AND AGREED BY• THE UNDERSIGNED PARTIES THAT:NO •REPRESENTATIONS, • WARRANTIES, OR ASSURANCES HAVE:BEEN MADE BY THE:ESCROW HOLDER, ITS OFFICERS, AND : EMPLOYEES TO ANY OF THE UNDERSIGNED PARTIES WHICH ARE:NOT EXPRESSED IN THE ESCROW INSTRUCTIONS AND THIS ADDENDUM EACH.OF THE UNDERSIGNED PARTIES IS RELYING UPON HIS. :... JUDGMENT AND/OR THE ADVICE.OF AN ATTORNEY, TAX ADVISOR OR REAL ESTATE CONSULTANT IN. . EXECUTING THESE ESCROW INSTRUCTIONS AND THE RELATED DOCUMENTS IN THIS TRANSACTION. i I , THE UNDERSIGNED HAVE READ AND FULLY UNDERSTAND THE FOREGOING CLOSING;INSTRUCTIONS:: AND ALSO THE DECLARATION SET FORTH ABOVE AND AGREE TO THE SAME. : . ••. : . • . END OF INSTRUCTIONS : . • •'IN.WITNESS WHEREOF, the undersigned have executed this document on the date(s)set forth below. • • REFUNDS after closing;if any: • 0 E DEPOSIT (attach :voided check deposit or dep sit slip OR see bank information on ;'Disbursement of ProceedsANire Transfer Instructions') SELLER(S): •: :.. Kaba Investments;•LLC :.. BY: . Wei-Ting:Hsiao Date: • Forwarding Address: Phone: ... .. . . . .. . . . .. . . .. . . : . Email::: : : :. . I REFUNDS after closing,:if any: • ❑ DEPOSIT'(attach. voided check or deposit slip. OR see :bank information •on 'Disbursement of • • Proceeds/Wire Transfer Instructions') BUYER(S): . • City f Renton : : Date in Address: Forwarding Add : : Phone:. 3 .) t0�js:' �Dl.l�!!1 ��AGIi/�'�� :.:J Email: I✓�Qa,S L p I��,Vl�oi'111N(0..9 D V : ` \eMt1"l) Q-A- 0 cbcsq—' El-Sale : Printed: :06:15.20©05:12 PM byPA: WA00000863.doc/Updated: 12.03.19 • . • . Page 4 • _ WA7CT-FBCM-02150.620761-201634SC