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HomeMy WebLinkAboutL_Plat_Certificate__170626_v1SUBDIVISION Guarantee/Certificate Number: Issued By:‘0099424-16CHICAGOTITLEINSURANCECOMPANY CHICAGO TITLE INSURANCE COMPANY a corporation,herein called the Company GUARANTEES T0||WA LP herein called the Assured,against actual loss not exceeding the liability amount stated in Schedule A which the AssuredshallsustainbyreasonofanyincorrectnessintheassurancessetforthinScheduleA. 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 ofrelianceupontheassurancehereinsetforth,but in no event shall the Company’s liability exceed the liability amountsetforthinScheduleA. Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee.If youwishadditionalliability,or assurances other than as contained herein,please contact the Company for further information as to the availability and cost. Chicago Title Insurance Company By: Chicago Title Company of Washington "701 5th Avenue,Suite 2700 Wu»ASeattle,WA 98104 President Countersigned By:Attest e ,.7/.Al/74 em I a. Authorized Officer or Agent Secretary Subdivision Guarantee/Certificate Printed:05.23.17 @ 08:08 AMPage1WA—CT-FNSE-02150.622481-SPS-1-17-0099424-16 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0099424-16 Liability $1,000.00 Effective Date: May 15, 2017 at 08:00 AM ISSUING OFFICE: Title Officer: Seattle Builder / Unit 16 Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Phone: (206)628-5623 Main Phone: (206)628-5623 Email: CTISeattleBuilderUnit@ctt.com SCHEDULE A Premium $350.00 The assurances referred to on the face page are: Tax $35.35 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: Toll WA LP, a Washington limited partnership subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their priority. END OF SCHEDULE A Subdivision Guarantee/Certificate Page2 Printed: 05.23.17@ 08:08 AM WA-CT-FNSE-02150.622481-SPS-1-17-0099424-16 EXHIBIT "A" Legal Description Parcel B: That portion of the North half of the South half of the Northeast quarter of the Northeast quarter of Section 23,Township 23 North,Range 5 East,W.M.,in King County,Washington,described as follows: Beginning at a point on the West line of said South Half of the Northeast quarter of the Northeast quarter distant north 1°44'37"east 30.01 feet from the Southwest corner thereof; Thence south 86°54'29"east along a line 30 feet north of and parallel to the south line of said South Half of the Northeast quarter of the Northeast quarter,305.11 feet to a point of curve; Thence along a curve to the left,having a radius of 200 feet,a distance of 354.19 feet to a point of tangency;Thence north 8°22'30"west along said tangent line 65.01 feet to the true point of beginning; Thence continuing north 8°22'30"west 339.76 feet to the north line of said North half;Thence north 87°23‘07"west 435.56 feet to the Northwest corner of said North half; Thence south 1°44'37"west along the West line 331.51 feet to the Southwest corner of said North half;Thence along the south line of said north half,south 87°08'48"east 495.30 feet to the true point of beginning; (BEING KNOWN AS Tract 18 of Eckstrom's Acre Tracts,according to the unrecorded plat thereof). Parcel C: That portion of the North Half of the Northeast Quarter of the Northeast Quarter of Section 23,Township 23 North,Range 5 East,W.M.,in King County,Washington,described as follows: Beginning at a point on the North boundary line of said Section,where it is intersected by a line 560 feet West of,asmeasuredatrightanglesto,and parallel with the East boundary line of the Northeast Quarter of the Northeast Quarter ofsaidSection;Thence,along the North boundary line of said Section,North 87°51'56"West 269.95 feet to the true point of beginning ofthetracthereindescribed; Thence,at right angles thereto,South 2°O8'04"West 109.17 feet to a point of curve;Thence,along a curve to the right with of radius of 300 feet,116.57 feet to a point of tangency;Thence,along said tangent line,South 24°23'50"West 91.66 feet to a point of curve; Thence,along a curve to the left with a radius of 300 feet,a distance of 171.59 feet to a point of tangency; Thence ,along said tangent line,South 8°22'30"East 193.86 feet to a point on the South boundary line of said North half oftheNortheastQuarteroftheNortheastQuarterofsaidSection,from which point the Southeast corner thereof bears South 87°23'07"East a distance of 878.20 feet; Thence North 87°23‘07"West,along the said South boundary line,435.56 feet to the Southwest corner of said North Half of the Northeast Quarter of the Northeast Quarter of said Section; Thence,along the West boundary line thereof,North 1°44'37"East 663.02 feet to the Northwest corner thereof;Thence South 87°51'56"East 479.12 feet to the true point of beginning; Except that portion thereof lying within S.E.144th Street;and Except the East 70 feet of the West 100 feet of the North 140 feet thereof (lying South of Southeast 144th Street). (Also being known as a portion of Tract 4 in Ekstroms Five Acre Tracts,according to the unrecorded plat thereof) Subdivision Guarantee/Certificate Printed:05.23.17 @ 08:08 AMPage3WA—CT-FNSE-02150.622481-SPS-1-17-0099424-16 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0099424—16 SCHEDULE B GENERAL EXCEPTIONS H.Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. Subdivision Guarantee/Certificate Printed:05.23.17 @ 08:08 AMPage4WA-CT-FNSE-02150.622481-SPS-1-17-0099424-16 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0099424—16 SCHEDULE B (continued) SPECIAL EXCEPTIONS 1.Easement(s)for the purpose(s)shown below and rights incidental thereto,as granted in a document: Granted to:Puget Sound Power &Light CompanyPurpose:Electric transmission line Recording Date:January 2,1947RecordingNo.:3643263 Affects:Portion of said premises The exact location and extent of said easement is not disclosed of record. 2.Reservation for the use of the public for public road over the Easterly 30 feet of the property herein described,as reserved in Deed recorded under King County Recording Number 3309830. Affects:Parcel B 3.Possible prescriptive rights to the public resulting from the long term use and maintenance by King County of a asphalt path and landscaping along an Easterly portion of said Parcel C,as delineated on surveys by DR.StrongConsulting,dated September 28,2015 and by ESE Land Planning,dated August 29,2016. Affects:Parcel C 4.Reservations and exceptions contained in the deed Grantor:Northern Pacific Railroad Company Recording No.:241250 Reserving and excepting from said Lands so much or such portions thereof as are or may be mineral lands orcontaincoaloriron,and also the use and the right and title to the use of such surface ground as may be necessary for ground operations and the right of access to such reserved and excepted mineral lands,including lands containing coal or iron,for the purpose of exploring,developing and working the land. The Company makes no representations about the present ownership of these reserved and excepted interests. 5.Easement(s)for the purpose(s)shown below and rights incidental thereto,as granted in a document: Granted to:Cheryl Webber—Veldwyk Purpose:lngress and egress and drivewayRecordingDate:December 9,2013 Recording No.:20131209000053 Affects:Northwesterly portion of Parcel C Subdivision Guarantee/Certificate Printed:05.23.17 @ 08:08 AMPage5WA—CT-FNSE-02150.622481-SPS-1-17-0099424-16 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0099424—16 SCHEDULE B(continued) 6.Easement(s)for the purpose(s)shown below and rights incidental thereto,as granted in a document: Granted to:Puget Sound Energy Purpose:Utility Systems Recording Date:May 11,2017RecordingNo.:20170511001534 Affects:As described therein 7.Any rights,interests,or claims which may exist or arise by reason of the following matters disclosed by survey by ESE Land Planning,dated August 29,2016: A.Intentially omitted. B.Location of a fence lying westerly of the easterly property line,and any adverse rights stemming therefrom. C.Location of a fence and gate lying Northerly of the South property line,and any adverse rights stemmingtherefrom Affects:Parcel C 8.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:2017 Tax Account No.:232305-9167-01 Levy Code:2161 Assessed Value-Land:$168,000.00AssessedValue-Improvements:$0.00 General and Special Taxes:Billed:$2,360.42Paid:$2,360.42Unpaid:$0.00 Affects:portion of Parcel B 9.General and special taxes and charges,payable February 15,delinquent if first half unpaid on May 1,second halfdelinquentifunpaidonNovember1ofthetaxyear(amounts do not include interest and penalties): Year:2017 Tax Account No.:232305-9099-04LevyCode:2161 Assessed Value-Land:$231,000.00 Assessed Value-Improvements:$0.00 General and Special Taxes:Billed:$2,874.05Paid:$1,703.08Unpaid:$1,170.97 Affects:Remainder of Parcel B Subdivision Guarantee/Certificate Printed:05.23.17 @ 08:08 AMPage6WA—CT-FNSE-02150.622481-SPS-1-17-0099424-16 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0099424—16 SCHEDULE B (continued) 10.General and special taxes and charges,payable February 15,delinquent if first half unpaid on May 1,second halfdelinquentifunpaidonNovember1ofthetaxyear(amounts do not include interest and penalties): Year:2017 Tax Account No.:232305-9044-00LevyCode:2161 Assessed Value-Land:$499,400.00 Assessed Value-Improvements:$0.00 General and Special Taxes: Billed:$6,321.11Paid:$3,745.87Unpaid:$2,575.24 Affects:Parcel C 11.Your application for title insurance was placed by reference to only a street address or tax identification number.Based on our records,we believe that the legal description in this report covers the parcel(s)of Land that you requested.If the legal description is incorrect,the seller/borrower must notify the Company and/or the settlement company in order to prevent errors and to be certain that the correct parcel(s)of Land will appear on any documents to be recorded in connection with this transaction and on the policyoftitleinsurance. END OF EXCEPTIONS NOTES The following matters will not be listed as Special Exceptions in Schedule B of the policy.There will be no coverage forlossarisingbyreasonofthematterslistedbelowbecausethesemattersareeitherexceptedorexcludedfromcoverageor are not matters covered under the insuring provisions of the policy. Note A:Note:Any map furnished with this Commitment is for convenience in locating the land indicated hereinwithreferencetostreetsandotherland.No liability is assumed by reason of reliance thereon. END OF NOTES END OF SCHEDULE B Subdivision Guarantee/Certificate Printed:05.23.17 @ 08:08 AMPage7WA-CT-FNSE-02150.622481-SPS-1-17-0099424-16