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HomeMy WebLinkAboutL_Title_Report_240813_v1File Number: 820952RT 6329 WA Subdivision Guarantee WA SUBDIVISION GUARANTEE ISSUED BY STEWART TITLE GUARANTY COMPANY Guarantee No.:G-6329-000013971 Fee:$ 300.00 Order No.:820952RT Dated:May 14, 2024 Stewart Title Guaranty Company (the "Company"),guarantees the County of King and any City within which said subdivision is located in a sum not exceeding $1,000.00 that,according to those public records which,under the recording laws,impart constructive notice of matters affecting the title to the land included within the exterior boundary shown on the map of the subdivision,the only parties having any record title interest in said land whose signatures are necessary,on the certificates consenting to the recordation of said map and offering for dedication any streets,roads,avenues and other easements offered for dedication by said map as referred to in the guarantee. Signed under seal for the Company,but this Guarantee is to be valid only when it bears an authorized countersignature. Countersigned by: Authorized Countersignature Rainier Title, LLC Company Name 606 120th Avenue NE Suite D-203 Bellevue, WA 98005 City, State In writing this company please address at P.O. Box 2029, Houston, Texas 77252-2029, and refer to the printed Serial Number SUBDIVISION GUARANTEE SCHEDULE A Prepared by: Rainier Title, LLC Order Number: 820952RT Guarantee No.: G-6329-000013971 Effective Date: May 14, 2024 at 8:00 A.M. Premium:$400.00 Tax:$39.60 Total:$439.60 OWNERS: Kana Properties, LLC, A Washington Limited Liability Company LEGAL DESCRIPTION: Lot 4, Koll Business Center/Renton, according to the plat thereof recorded in Volume 114 of Plats, pages 15 through 16, inclusive, records of King County, Washington; SUBDIVISION GUARANTEE SUBJECT TO: 1. General taxes: First half delinquent May 1; Second half delinquent November 1: Year: 2024 Amount Billed: $49,738.38 Amount Paid: $24,869.19 Amount Due: $24,869.19, plus interest and penalty if delinquent Tax Account No.: 392680-0040-00 Levy Code: 2100 Land: $1,589,400.00 Improvements: $2,977,200.00 Note: King County Treasurer, 500 4th Avenue, 6th Floor Admin. Bldg., Seattle, WA 98104 (206) 296-7300; Web Address: http://webapp.metrokc.gov/kctaxinfo/. 2. Liability for sewer treatment capacity charges that may be assessed but not disclosed in the public records. Please contact the King County Capacity Charge Department for further information at 206-296-1450. 3. Current and/or advance personal property taxes for 2024 may become due upon transfer or sale of the premises herein described. Please contact the King County Treasurer's office for further information. 4. Assessments and LIDS, if any levied by the City of Renton. 5. Any unrecorded leaseholds, rights of vendors and holders of security interest on personal property installed upon said property, and right of tenants to remove trade fixtures at the expiration of the term. 6. Deed of Trust recorded January 27, 2023 under Recording Number 20230127000463 in the original principal amount of $2,650,000.00 from Kana Properties, LLC, a Washington limited liability company to Trustee Services, Inc, as trustee, for Heritage Bank. Assignment of Rents and/or Leases, under Recording Number 20230127000464, from Kana Properties LLC to Heritage Bank. 7. Judgment in favor of East Valley Petula, LLC against Kana Properties, LLC, in the amount of $ 18,484.58 plus court cost and interest, entered on August 03, 2021 as Case Number 21-2-03901-1 and recorded under Instrument No. 20210809001837, King County. (For payoff information contact Atty. Drew F. Duggan telephone 206-624-8300) If Kana Properties LLC is not the same person as mentioned in the above document, we must be furnished information to that effect satisfactory to the company, supported by an affidavit stating same. We reserve the right to review the affidavit and make such further requirements as we deem necessary or advisable. 8. Reservations as contained in Deed and the terms and conditions thereof recorded under Instrument No. 4547626, 4547627, 4547628, 4547629, 4547630, 4547631 and 4547632. 9. Condemnation of access to state highway and of light, view and air by decree to the State of Washington, entered March 20, 1962, under King County Superior Court Cause No. 570903. 10. Easement and the terms and conditions thereof, as more fully set forth in King County Superior Court Cause No. 698266. 11. Easement and the terms and conditions thereof as more fully set forth in the document recorded as Instrument No. 7401170342. SUBDIVISION GUARANTEE 12. Reservations as reserved by Quitclaim Deed and the terms and conditions thereof recorded under Instrument No. 7504010479. Said document was modified by document recorded as Instrument No. 7811301027. 13. Reservations as contained in Correction Deed and the terms and conditions thereof recorded under Instrument No. 7809150528. 14. Restrictions, easements, dedications, notes and delineated matters contained on the face of the Plat of Burlington Northern Orillia Industrial Park of Renton as recorded under Instrument Number 7809250902, and any amendments thereto. 15. Rights and Easements as disclosed by Quitclaim Deed and the terms and conditions thereof recorded under Instrument No. 8002110471. 16. Restrictions, easements, dedications, notes and delineated matters contained on the face of the Plat of Koll Business Center/Renton as recorded under Instrument Number 8002190412, and any amendments thereto. 17. Right of the public to make necessary slopes for cuts or fills upon said premises in the reasonable original grading of streets, avenues, alleys, roads, as dedicated in the plat of Knoll Business Center/Renton recorded under Recording Number 8002190412, King County, in the state of Washington. 18. Easement granted to City of Renton, a Municipal Corporation of as more fully set forth in the instrument recorded June 4, 1980, as Document No. 8006040531. 19. Easement granted to City of Renton, a Municipal Corporation of as more fully set forth in the instrument recorded June 4, 1980, as Document No. 8006040532. 20. Easement granted to City of Renton, a Municipal Corporation of as more fully set forth in the instrument recorded July 7, 1980, as Document No. 8007070458. 21. Covenants, conditions, easements and restrictions recorded under Recording Number 8312150123, and amended and or made applicable as Recording Number 8608051235, together with all amendments thereto, which may provide for association dues, fees and/or assessments, in addition to any easements, reservations, covenants, building set back requirements, option to purchase, right of first refusal and any special assessments which may come due but omitting any such covenant or restriction based on race, color, religion, sex, familial status or national origin. Note: A breach or violation of the above noted restrictions will not cause a forfeiture or reversion of title. 22. Easement granted to Puget Sound Power & Light Company, a Washington corporation as more fully set forth in the instrument recorded November 4, 1985, as Document No. 8511040604. 23. Easement granted to City of Renton, a Municipal Corporation as more fully set forth in the instrument recorded December 11, 1985, as Document No. 8512110614. 24. Easement granted to City of Renton, a Municipal Corporations as more fully set forth in the instrument recorded December 11, 1985, as Document No. 8512110615. 25. Easement granted to Kana Properties, LLC, a Washington limited liability company; and East Valley Petula, LLC, a Delaware limited liability company and East Valley PFG, LLC, a Delaware limited liability company as more fully set forth in the instrument recorded April 9, 2015, as Document No. 20150409000795. SUBDIVISION GUARANTEE NOTES NOTE A: The description can be abbreviated as suggested below if necessary to meet standardization requirements. The full text of the description must appear in the document(s) to be insured. Lot 4, Koll Business Center Renton vol 114 pgs 15-16, King County, WA NOTE B: The records of King County and/or our inspection indicate that the address of the improvement located on said land is 101 SW 41st Street, Renton, WA 98057. NOTE C: Title to the estate or interest shown in Schedule A was acquired by instrument No(s). 20130920001679. This Guarantee and the legal description given herein are based upon information supplied by the applicant as to the location and identification of the premises in question, and no liability is assumed for any discrepancies resulting therefrom. This report does not represent either a commitment to insure title, an examination of or opinion as to the sufficiency or effect of the matters shown, or opinion as to the marketability of title to the land. SUBDIVISION GUARANTEE File Number: 820952RT  N File No. 820952RT Genevieve Tomberg, Chief Title Officer Craig Schumacher, Title Officer Alisha Metzker, Title Officer Cody Tumlin, Title Officer 9750 Third Ave. N.E., Suite #425 Seattle, WA 98115 Toll Free: (888) 929-1999 Ph: (425) 551-5501 Fax: (425) 329-2199 Email: thetitleteam@rainiertitle.com THANKS… We want to express our appreciation of your faith in Rainier Title, LLC. This Policy is valuable and may entitle you to a lower premium on title insurance if you sell or refinance your property. We suggest you keep it in a safe place where it will be readily available. There is no recurring premium for this policy If you have any question about your settlement or closing, contact the office that issued your policy. If you have any questions regarding your policy, you can write us at: Rainier Title, LLC 2722 Colby Avenue, Suite 125 Everett, WA 98201 or call us at: Toll Free: (888) 929-1999 King Direct: (425)-551-5501 King Fax: (425) 329-2199 Email: thetitleteam@rainiertitle.com