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Home My WebLink AboutL_Title_Report_170920_v1SUBDIVISION Guarantee/Certificate Number: Issued By: 0095991-ETU - SECOND Subdivision Guarantee/Certificate Printed: 09.15.17 @ 08:26 AM Page 1 WA-CT-FNSE-02150.622475-SPS-1-17-0095991-ETU CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Geonerco Management, LLC, their successors and/or assigns 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 10500 NE 8th St., Suite 600 Bellevue, WA 98004 Chicago Title Insurance Company By: Countersigned By: Authorized Officer or Agent President Attest: Secretary Subdivision Guarantee/Certificate Printed: 09.15.17 @ 08:26 AM Page 2 WA-CT-FNSE-02150.622475-SPS-1-17-0095991-ETU CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0095991-ETU - SECOND ISSUING OFFICE: Title Officer: Eastside Title Unit Chicago Title Company of Washington 10500 NE 8th St., Suite 600 Bellevue, WA 98004 Main Phone: (425)646-9883 Email: CTIBellevueETU@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $35.00 Effective Date: September 11, 2017 at 08:00 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: Harbour Homes 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: 09.15.17 @ 08:26 AM Page 3 WA-CT-FNSE-02150.622475-SPS-1-17-0095991-ETU For APN/Parcel ID(s):312305-9048-06 PARCEL "C" OF CITY OF RENTON LOT LINE ADJUSTMENT NUMBER LUA-02-045-LLA, RECORDED UNDER RECORDING NUMBER 20020823900003, IN KING COUNTY, WASHINGTON. SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0095991-ETU - SECOND SCHEDULE B Subdivision Guarantee/Certificate Printed: 09.15.17 @ 08:26 AM Page 4 WA-CT-FNSE-02150.622475-SPS-1-17-0095991-ETU GENERAL EXCEPTIONS: H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. SPECIAL EXCEPTIONS: 1.Terms and conditions of City of Renton Ordinance Number 3790: Recording Date: March 26, 1984 Recording No.: 8403260504 Regarding: Establishing a special assessment district for water service and establishing the amount of the charge upon connection to the facilities 2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: The City of Renton and Talbot Development Partners, L.L.C. Purpose: Temporary cul-de-sac Recording Date: August 26, 1999 Recording No.: 19990826000429 Affects: Northerly portion of said premises 3.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, 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 Boundary Line Adjustment: Recording No.: 20020823900003 4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: Puget Sound Energy, Inc. Purpose: Utility system for gas and electricity Recording Date: April 1, 2003 Recording No.: 20030401000988 Affects: 10 feet in width as constructed or to be constructed, extended or relocated Contains covenant prohibiting structures over said easement or other activity which might endanger the underground system. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0095991-ETU - SECOND SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 09.15.17 @ 08:26 AM Page 5 WA-CT-FNSE-02150.622475-SPS-1-17-0095991-ETU 5.Agreement and the terms and conditions thereof: Between: Campen Springs Condominium Association And: Harbour Homes LLC Recording Date: January 8, 2016 Recording No.: 20160108000697 Regarding: Temporary construction easement and stormwater drainage easement and costs relating thereto Said agreement has been amended under the instrument recorded under Recording No. 20161108001195. 6.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 Number: 312305-9048-06 Levy Code: 2100 Assessed Value-Land: $603,000.00 Assessed Value-Improvements: $0.00 General and Special Taxes: Billed: $7,653.08 Paid: $3,826.54 Unpaid: $3,826.54 7.A deed of trust to secure an indebtedness in the amount shown below, Amount: $15,000,000.00 Dated: August 25, 2016 Trustor/Grantor: Harbour Homes, LLC, a Washington limited liability company Trustee: Chicago Title Insurance Company Beneficiary: U.S. Bank National Association, d/b/a Housing Capital Company Recording Date: September 9, 2016 Recording No.: 20160909000717 Affects: The herein described Land and other land. The Deed of Trust set forth above is purported to be a "Credit Line" Deed of Trust. It is a requirement that the Trustor/Grantor of said Deed of Trust provide written authorization to close said credit line account to the Lender when the Deed of Trust is being paid off through the Company or other Settlement/Escrow Agent or provide a satisfactory subordination of this Deed of Trust to the proposed Deed of Trust to be recorded at closing. Said Deed of Trust was amended under the instrument recorded under Recording No. 20161114001107. END OF EXCEPTIONS CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0095991-ETU - SECOND SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 09.15.17 @ 08:26 AM Page 6 WA-CT-FNSE-02150.622475-SPS-1-17-0095991-ETU NOTES The following matters will not be listed as Special Exceptions in Schedule B of the policy. There will be no coverage for loss arising by reason of the matters listed below because these matters are either excepted or excluded from coverage or are not matters covered under the insuring provisions of the policy. Note A:Note: FOR INFORMATIONAL PURPOSES ONLY: The following may be used as an abbreviated legal description on the documents to be recorded, per Amended RCW 65.04.045. Said abbreviated legal description is not a substitute for a complete legal description within the body of the document: PARCEL "C", CITY OF RENTON LLA NO. "LUA-02-045-LLA", REC. #20020823900003 Tax Account No.: 312305-9048-06 END OF NOTES END OF SCHEDULE B