HomeMy WebLinkAboutL_4th_Dim_TITLE_REPORT_050225_v1Old Republic Title Company19020 33rd Avenue W., Suite 360Lynnwood, WA 98036Phone: (425) 776-1970 / Fax: (425) 776-5710
Title Commitment
Property Address:
4502 Northeast 4th Street, Renton, WA 98059
When Replying Please Contact:
Contact Name: Residential Title Unit
Email: title.wa@ortc.com
Phone: Direct line: (425) 776-4305
Our Order No.: 5207188268
Your Reference No: THINDR LLC
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Page 1 of 1
ORDER NO. : 5207188268
EXHIBIT A
The land referred to is situated in the County of King, City of Renton, State of Washington, and
is described as follows:
That portion of the West half of the Southwest quarter of the Southeast quarter of the
Southwest quarter of Section 10, Township 23 North, Range 5 East, W.M., in King County,
Washington, described as follows:
Beginning at a point 230 feet West of the Southeast corner of said Subdivision;
THENCE North 290.4 feet;
THENCE West 97 feet;
THENCE South 290.4 feet;
THENCE East 97 feet to the Point of Beginning;
EXCEPT that portion thereof lying within the right of way of Southeast 128th Street.
SITUATE in the County of King, State of Washington
ABBREVIATED LEGAL
Portion of the Southeast quarter of the Southwest quarter of Section 10, Township 23 North,
Range 5 East, W.M.
Tax Account No. 102305-9068-06
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
19020 33rd Avenue W., Suite 360
Lynnwood, WA 98036
(425) 776-1970 Fax: (425) 776-5710
Our Order Number 5207188268
Customer Reference THINDR LLC
Attached Commitment Issued for the sole use of:
A 2 Z BUILDING MANAGEMENT INC
12611 25th Ave SE
Everett,WA 98208
Attention: JARNAIL SINGH When Replying Please Contact:
Residential Title Unit
title.wa@ortc.com
Direct line: (425) 776-4305
Fax: (425) 776-3350
Property Address:
4502 Northeast 4th Street, Renton, WA 98059
See Attached Commitment to Insure
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment
is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 1
ORT Form 4757-WR
ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
ALTA COMMITMENT FOR TITLE INSURANCE
Issued by OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
NOTICE
IMPORTANT—READ CAREFULLY:THIS COMMITMENT IS AN OFFER TO ISSUE ONE OR MORE TITLE INSURANCE
POLICIES. ALL CLAIMS OR REMEDIES SOUGHT AGAINST THE COMPANY INVOLVING THE CONTENT OF THIS
COMMITMENT OR THE POLICY MUST BE BASED SOLELY IN CONTRACT.
THIS COMMITMENT IS NOT AN ABSTRACT OF TITLE, REPORT OF THE CONDITION OF TITLE, LEGAL OPINION,
OPINION OF TITLE, OR OTHER REPRESENTATION OF THE STATUS OF TITLE. THE PROCEDURES USED BY THE
COMPANY TO DETERMINE INSURABILITY OF THE TITLE, INCLUDING ANY SEARCH AND EXAMINATION, ARE
PROPRIETARY TO THE COMPANY, WERE PERFORMED SOLELY FOR THE BENEFIT OF THE COMPANY, AND CREATE
NO EXTRACONTRACTUAL LIABILITY TO ANY PERSON, INCLUDING A PROPOSED INSURED.
THE COMPANY’S OBLIGATION UNDER THIS COMMITMENT IS TO ISSUE A POLICY TO A PROPOSED INSURED
IDENTIFIED IN SCHEDULE A IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF THIS COMMITMENT. THE
COMPANY HAS NO LIABILITY OR OBLIGATION INVOLVING THE CONTENT OF THIS COMMITMENT TO ANY OTHER
PERSON.
COMMITMENT TO ISSUE POLICY
Subject to the Notice; Schedule B, Part I—Requirements; Schedule B, Part II—Exceptions; and the Commitment
Conditions, Old Republic National Title Insurance Company, a Florida corporation, (the “Company”), commits to issue
the Policy according to the terms and provisions of this Commitment. This Commitment is effective as of the
Commitment Date shown in Schedule A for each Policy described in Schedule A, only when the Company has entered
in Schedule A both the specified dollar amount as the Proposed Amount of Insurance and the name of the Proposed
Insured.
If all of the Schedule B, Part I—Requirements have not been met within 6 months after the Commitment Date, this
Commitment terminates and the Company’s liability and obligation end.
OLD REPUBLIC NATIONAL TITLE INSURANCE
COMPANY
A Stock Company
1408 North Westshore Blvd., Suite 900, Tampa, Florida 33607
(612) 371-1111
www.oldrepublictitle.com
Issued through the office of:
Old Republic Title, Ltd.
19020 33rd Avenue W., Suite 360
Lynnwood, WA 98036
Authorized Officer or Agent
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment
is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 2
ORT Form 4757-WR
ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
COMMITMENT CONDITIONS
1.DEFINITIONS
a.“Discriminatory Covenant”: Any covenant, condition, restriction, or limitation that is unenforceable under applicable law
because it illegally discriminates against a class of individuals based on personal characteristics such as race, color,
religion, sex, sexual orientation, gender identity, familial status, disability, national origin, or other legally protected class.
b.“Knowledge” or “Known”: Actual knowledge or actual notice, but not constructive notice imparted by the Public Records.
c.“Land”: The land described in Item 5 of Schedule A and improvements located on that land that by State law constitute
real property. The term “Land” does not include any property beyond that described in Schedule A, nor any right, title,
interest, estate, or easement in any abutting street, road, avenue, alley, lane, right-of-way, body of water, or waterway,
but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy.
d.“Mortgage”: A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including
one evidenced by electronic means authorized by law.
e.“Policy”: Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued
by the Company pursuant to this Commitment.
f.“Proposed Amount of Insurance”: Each dollar amount specified in Schedule A as the Proposed Amount of Insurance of
each Policy to be issued pursuant to this Commitment.
g.“Proposed Insured”: Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to
this Commitment.
h.“Public Records”: The recording or filing system established under State statutes in effect at the Commitment Date under
which a document must be recorded or filed to impart constructive notice of matters relating to the Title to a purchaser
for value without Knowledge. The term “Public Records” does not include any other recording or filing system, including
any pertaining to environmental remediation or protection, planning, permitting, zoning, licensing, building, health, public
safety, or national security matters.
i.“State”: The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term
“State” also includes the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and Guam.
j.“Title”: The estate or interest in the Land identified in Item 3 of Schedule A.
2.If all of the Schedule B, Part I—Requirements have not been met within the time period specified in the Commitment to Issue
Policy, this Commitment terminates and the Company’s liability and obligation end.
3.The Company’s liability and obligation is limited by and this Commitment is not valid without:
a.the Notice;
b.the Commitment to Issue Policy;
c.the Commitment Conditions;
d.Schedule A;
e.Schedule B, Part I—Requirements;
f.Schedule B, Part II—Exceptions; and
g.a counter-signature by the Company or its issuing agent that may be in electronic form.
4.COMPANY’S RIGHT TO AMEND
The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien,
encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the
Company is limited by Commitment Condition 5. The Company is not liable for any other amendment to this Commitment.
5.LIMITATIONS OF LIABILITY
a.The Company’s liability under Commitment Condition 4 is limited to the Proposed Insured’s actual expense incurred in the
interval between the Company’s delivery to the Proposed Insured of the Commitment and the delivery of the amended
Commitment, resulting from the Proposed Insured’s good faith reliance to:
i.comply with the Schedule B, Part I—Requirements;
ii.eliminate, with the Company’s written consent, any Schedule B, Part II –Exceptions; or
iii.acquire the Title or create the Mortgage covered by this Commitment.
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment
is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 3
ORT Form 4757-WR
ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
b.The Company is not liable under Commitment Condition 5.a. if the Proposed Insured requested the amendment or had
Knowledge of the matter and did not notify the Company about it in writing.
c.The Company is only liable under Commitment Condition 4 if the Proposed Insured would not have incurred the expense
had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured.
d.The Company’s liability does not exceed the lesser of the Proposed Insured’s actual expense incurred in good faith and
described in Commitment Condition 5.a. or the Proposed Amount of Insurance.
e.The Company is not liable for the content of the Transaction Identification Data, if any.
f.The Company is not obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I—
Requirements have been met to the satisfaction of the Company.
g.The Company’s liability is further limited by the terms and provisions of the Policy to be issued to the Proposed Insured.
6.LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT; CHOICE OF LAW AND CHOICE OF FORUM
a.Only a Proposed Insured identified in Schedule A, and no other person, may make a claim under this Commitment.
b.Any claim must be based in contract under the State law of the State where the Land is located and is restricted to the
terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the
Company must be filed only in a State or federal court having jurisdiction.
c.This Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject
matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any
kind, whether written or oral, express or implied, relating to the subject matter of this Commitment.
d.The deletion or modification of any Schedule B, Part II—Exception does not constitute an agreement or obligation to
provide coverage beyond the terms and provisions of this Commitment or the Policy.
e.Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the
Company.
f.When the Policy is issued, all liability and obligation under this Commitment will end and the Company’s only liability will
be under the Policy.
7.IF THIS COMMITMENT IS ISSUED BY AN ISSUING AGENT
The issuing agent is the Company’s agent only for the limited purpose of issuing title insurance commitments and policies.
The issuing agent is not the Company’s agent for closing, settlement, escrow, or any other purpose.
8.PRO-FORMA POLICY
The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the
Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered
to a Proposed Insured, nor is it a commitment to insure.
9.CLAIMS PROCEDURES
This Commitment incorporates by reference all Conditions for making a claim in the Policy to be issued to the Proposed
Insured. Commitment Condition 9 does not modify the limitations of liability in Commitment Conditions 5 and 6.
10.CLASS ACTION
ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR OTHER
MATTER IN CONNECTION WITH ISSUING THIS COMMITMENT, ANY BREACH OF A COMMITMENT PROVISION, OR ANY
OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE TRANSACTION GIVING RISE TO THIS COMMITMENT,
MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT
IN ANY CLASS OR REPRESENTATIVE PROCEEDING. ANY POLICY ISSUED PURSUANT TO THIS COMMITMENT WILL CONTAIN
A CLASS ACTION CONDITION.
Order Number: 5207188268
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy;the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 4
ORT Form 4757A-WR
Schedule A –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
Customer Reference:THINDR LLC
SCHEDULE A
COMMITMENT
1. Commitment Date:April 23,2025,at 8:00 AM
2.Policy or Policies to be issued:
ALTA Owner's Policy of Title Insurance -2021
Amount: Amount to come.
Rate: Homeowners
Note: Standard Coverage
Proposed Insured: Purchaser for value from the vested owner herein
ALTA Loan Policy of Title Insurance -2021
Amount: Amount to come.
Rate: Lender's Insurance
Note: Extended Coverage
Proposed Insured: To be determined
3.The estate or interest in the Land at the Commitment Date is:
Fee Simple
4.The Title is,at the Commitment Date, vested in:
THINDR INC., a Washington corporation
5.The Land is described as follows:
See Legal Description Exhibit.
Order Number: 5207188268
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 5
ORT Form 4757BI-WR
Schedule B I –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
Customer Reference:THINDR LLC
SCHEDULE B –PART I
COMMITMENT
REQUIREMENTS
All of the following Requirements must be met:
A. The Proposed Insured must notify the Company in writing of the name of any party not referred to in this
Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may
then make additional Requirements or Exceptions.
B. Pay the agreed amount for the estate or interest to be insured.
C. Pay the premiums, fees, and charges for the Policy to the Company.
D. Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both,
must be properly authorized, executed, delivered, and recorded in the Public Records.
1.Appropriate items must be released, satisfied or reconveyed by means satisfactory to us.
2.If any document in the completion of this transaction is to be executed by an attorney-in-
fact, the completed Power of Attorney form should be submitted for review prior to closing.
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 6
ORT Form 4757BII-WR
Schedule B II –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
Customer Reference:THINDR LLC
SCHEDULE B –PART II
COMMITMENT
EXCEPTIONS FROM COVERAGE
Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law.
This Commitment and the Policy treat any Discriminatory Covenant in a document referenced in Schedule
B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated.
Only the remaining provisions of the document will be excepted from coverage.
The Policy will not insure against loss or damage resulting from the terms and conditions of any lease or easement
identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company:
A.Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public
Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of
the Schedule B, Part I –Requirements are met.
1.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing
authority that levies taxes or assessments on real property or by the Public Records; (b)
proceedings by a public agency that may result in taxes or assessments, or notices of such
proceedings, whether or not shown by the records of such agency or by the Public Records.
2.Any facts, rights, interests, or claims that are not shown by the Public Records at Date of
Policy but that could be (a) ascertained by an inspection of the Land, or (b) asserted by
persons or parties in possession of the Land.
3.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records at
Date of Policy.
4.Any encroachment,encumbrance, violation, variation, easement, or adverse circumstance
affecting the Title that would be disclosed by an accurate and complete land survey of the
Land and not shown by the Public Records at Date of Policy.
5.(a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts
authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not
the matters excepted under (a), (b), or (c) are shown by the Public Records.
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 7
ORT Form 4757BII-WR
Schedule B II –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
6.Any lien or right to a lien for services, labor, material or equipment unless such lien is shown
by the Public Records at Date of Policy.
7.Any claim to (a) ownership of or rights to minerals and similar substances, including but not
limited to ores, metals, coal, lignite, oil, gas, uranium, clay, rock, sand, and gravel located in,
on, or under the Land or produced from the Land, whether such ownership or rights arise by
lease, grant, exception, conveyance, reservation, or otherwise; and (b) any rights, privileges,
immunities, rights of way, and easements associated therewith or appurtenant thereto,
whether or not the interests or rights excepted in (a) or (b) appear in the Public Records or
are shown in Schedule B.
A slope easement as follows:
Instrument :Deed
8.
Recorded :October 15, 1964 in Official Records under Recording Number
5799263
9.An easement affecting that portion of said land and for the purposes stated herein and
incidental purposes as provided in the following
Granted To :King County
For :Utilities
Recorded :October 15, 1964 in Official Records under Recording Number
5799281
Affects :Portion of said Premises
10.Matters as contained or referred to in an instrument,
Entitled :Survey
Recorded :December 13, 1983 in Official Records under Recording Number
8312139009
11.Terms and provisions as contained in an instrument,
Entitled :Ordinance No. 4612
Recorded :June 21, 1996 in Official Records under Recording Number
9606210966
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 8
ORT Form 4757BII-WR
Schedule B II –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
12.Lien of Real Estate Excise Sale Tax upon any sale of said premises, as established by the
Washington State Department of Revenue.
Confirm the current rate by contacting the following prior to closing:
Name of Agency :King County Records and Election Division, Excise Tax
Department
Telephone Number :(206) 477-6620
13.GENERAL TAXES, PLUS INTEREST AND PENALTY AFTER DELINQUENT; 1ST HALF DELINQUENT
ON MAY 1; 2ND HALF DELINQUENT ON NOVEMBER 1:
Year :2025
Amount Billed :$7,133.48
Amount Paid :$0.00
Tax Account No.:102305-9068-06
Levy Code :2145
Assessed Valuation
Land :$650,500.00
Improvements :$59,400.00
LIABILITY FOR SUPPLEMENTAL ASSESSMENT FOR GENERAL TAXES ON IMPROVEMENTS. It
appears improvements subject to assessments are located on the premises, but there is no
assessment therefore.
Tax Account No.:102305-9068-06
14.
Levy Code No.:2145
The following requirements must be satisfied with respect to THINDR LLC, a Washington
Limited Liability Company:
1.A Copy of the Limited Liability Agreement and any amendments thereto must be
submitted for our review.
2.Proof that the Certificate of Formation has been filed with the Washington State Secretary
of State’s Office in accordance with statute and that the LLC is in good standing.
15.
3.All members must sign any conveyance or mortgage document unless the Agreement
gives specific authority to one or more members to sign.
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 9
ORT Form 4757BII-WR
Schedule B II –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
16.Title is to vest in persons not yet revealed, and when so vested will be subject to matters
disclosed by a search of the records against their names.
17.The requirement that this Company be provided with an opportunity to inspect the land. The
Company reserves the right to make additional exceptions and/or requirements upon
completion of its inspection.
--------------------Informational Notes -------------------
A.NOTE: According to the public records,there have been no deeds conveying the property
described in this report recorded within a period of 36 months prior to the date hereof
except as follows:
Trustee's Deed executed by Gary Krohn, as Successor and Present Trustee Under That DEED
of Trust to THINDR, Inc., a Washington corporation recorded May 2, 2023 in Official Records
under Recording Number 20230502000278.
B.Short Term Rate (“STR”) applies (but may be precluded or limited by application of the
above shown section(s) of our Schedule of Fees and Charges.)
C.NOTE: This report covers land which was identified by street address and/or tax parcel
number(s) –assessor’s parcel number(s) when the order was opened.
D.If you would like the Company to act as Trustee in a proposed Deed of Trust, please note
that Old Republic Title, Ltd. may act as Trustee of a Deed of Trust under RCW 61.24.010(1).
This page is only a part of a 2021 ALTA Commitment for Title Insurance issued by Old Republic National Title Insurance Company. This Commitment is
not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I –Requirements; and
Schedule B, Part II –Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form.
Page 10
ORT Form 4757BII-WR
Schedule B II –ALTA Commitment for Title Insurance 2021 v. 01.00
07/01/2021
E.All documents must meet the margin and legibility requirements as set forth by the
Washington State Legislature under RCW 38-18-010 and RCW 65-04-015. If your documents
fail to meet these requirements the County may reject them for recording, which could delay
your closing.
Documents for King, Snohomish and Pierce Counties should be delivered to our Lynnwood
office at 19020 33rd Ave W #360, Lynnwood WA 98036.
LAST RELEASE TIMES:
E-RECORDING:REGULAR RECORDING:
King County: Non-Excise Only, 3:25 p.m.2:25 p.m.
Pierce County: Both Excise and Non-Excise 3:25 p.m.n/a
Snohomish County: Both Excise and Non-Excise
3:25 p.m. Monday through Thursday 2:25 p.m.
2:55 p.m. Friday 1:55 p.m.
Transactions that include the payment of excise tax must include the excise tax check
payable to Old Republic Title, Ltd.
Please allow sufficient time for your documents to be reviewed and processed. Our last run
to King County leaves at 1:40 p.m. Monday through Friday.
F.Potential charges, for the King County Sewage Treatment Capacity Charge, as authorized
under RCW 35.58 and King County Code 28.84.050. Said charges could apply for any
property that connected to the King County Sewer Service Area on or after February 1, 1990.
For further information please contact the King County Wastewater Treatment Division at:
(206)-296-1450.
G.NOTE: The ALTA 22 (CLTA 116) may describe the improvements as a single family residence
known as 4502 Northeast 4th Street, Renton, WA 98059.
Page 1 of 1
ORDER NO. : 5207188268
LEGAL DESCRIPTION EXHIBIT
The land referred to is situated in the County of King, City of Renton, State of Washington, and
is described as follows:
That portion of the West half of the Southwest quarter of the Southeast quarter of the
Southwest quarter of Section 10, Township 23 North, Range 5 East, W.M., in King County,
Washington, described as follows:
Beginning at a point 230 feet West of the Southeast corner of said Subdivision;
THENCE North 290.4 feet;
THENCE West 97 feet;
THENCE South 290.4 feet;
THENCE East 97 feet to the Point of Beginning;
EXCEPT that portion thereof lying within the right of way of Southeast 128th Street.
SITUATE in the County of King, State of Washington
ABBREVIATED LEGAL
Portion of the Southeast quarter of the Southwest quarter of Section 10, Township 23 North,
Range 5 East, W.M.
Tax Account No. 102305-9068-06
Page 1 of 4
Exhibit I
AMERICAN LAND TITLE ASSOCIATION
OWNER’S POLICY OF TITLE INSURANCE –2021
EXCLUSIONS FROM COVERAGE
The following matters are excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys’
fees, or expenses that arise by reason of:
1.a.any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) that restricts,
regulates, prohibits, or relates to:
i.the occupancy, use, or enjoyment of the Land;
ii.the character, dimensions, or location of any improvement on the Land;
iii.the subdivision of land; or
iv.environmental remediation or protection.
b.any governmental forfeiture, police, regulatory, or national security power.
c.the effect of a violation or enforcement of any matter excluded under Exclusion 1.a. or 1.b.
Exclusion 1 does not modify or limit the coverage provided under Covered Risk 5 or 6.
2.Any power of eminent domain. Exclusion 2 does not modify or limit the coverage provided under Covered Risk 7.
3.Any defect, lien, encumbrance, adverse claim, or other matter:
a.created, suffered, assumed, or agreed to by the Insured Claimant;
b.not Known to the Company, not recorded in the Public Records at the Date of Policy, but Known to the Insured
Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant
became an Insured under this policy;
c.resulting in no loss or damage to the Insured Claimant;
d.attaching or created subsequent to the Date of Policy (Exclusion 3.d. does not modify or limit the coverage provided
under Covered Risk 9 or 10); or
e.resulting in loss or damage that would not have been sustained if consideration sufficient to qualify the Insured
named in Schedule A as a bona fide purchaser had been given for the Title at the Date of Policy.
4.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights law, that the
transaction vesting the Title as shown in Schedule A is a:
a.fraudulent conveyance or fraudulent transfer;
b.voidable transfer under the Uniform Voidable Transactions Act; or
c.preferential transfer:
i.to the extent the instrument of transfer vesting the Title as shown in Schedule A is not a transfer made as a
contemporaneous exchange for new value; or
ii.for any other reason not stated in Covered Risk 9.b.
5.Any claim of a PACA-PSA Trust. Exclusion 5 does not modify or limit the coverage provided under Covered Risk 8.
6.Any lien on the Title for real estate taxes or assessments imposed or collected by a governmental authority that becomes due
and payable after the Date of Policy. Exclusion 6 does not modify or limit the coverage provided under Covered Risk 2.b.
7.Any discrepancy in the quantity of the area, square footage, or acreage of the Land or of any improvement to the Land.
EXCEPTIONS FROM COVERAGE
Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This policy treats
any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted,
repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document are excepted from
coverage.
This policy does not insure against loss or damage and the Company will not pay costs, attorneys’ fees, or expenses resulting from the
terms and conditions of any lease or easement identified in Schedule A, and the following matters:
NOTE: The 2021 ALTA Owner’s Policy may be issued to afford either Standard Coverage or Extended Coverage. In addition to variable
exceptions such as taxes, easements, CC&R’s, etc., the Exceptions from Coverage in a Standard Coverage policy will also include the
Western Regional Standard Coverage Exceptions listed as 1 through 7 below:
Page 2 of 4
1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments
on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of
such proceedings, whether or not shown by the records of such agency or by the Public Records.
2. Any facts, rights, interests, or claims that are not shown by the Public Records at Date of Policy but that could be (a) ascertained by
an inspection of the Land, or (b) asserted by persons or parties in possession of the Land.
3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records at Date of Policy.
4.Any encroachment, encumbrance, violation, variation, easement, or adverse circumstance affecting the Title that would be disclosed
by an accurate and complete land survey of the Land and not shown by the Public Records at Date of Policy.
5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights,
claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.
6. Any lien or right to a lien for services, labor, material or equipment unless such lien is shown by the Public Records at Date of Policy.
7. Any claim to (a) ownership of or rights to minerals and similar substances, including but not limited to ores, metals, coal, lignite, oil,
gas, uranium, clay, rock, sand, and gravel located in, on, or under the Land or produced from the Land, whether such ownership or
rights arise by lease, grant, exception, conveyance, reservation, or otherwise; and (b) any rights, privileges, immunities, rights of way,
and easements associated therewith or appurtenant thereto, whether or not the interests or rights excepted in (a) or (b) appear in the
Public Records or are shown in Schedule B.
Page 3 of 4
Exhibit I
AMERICAN LAND TITLE ASSOCIATION
LOAN POLICY OF TITLE INSURANCE –2021
EXCLUSIONS FROM COVERAGE
The following matters are excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys’
fees, or expenses that arise by reason of:
1.a.any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) that restricts,
regulates, prohibits, or relates to:
i.the occupancy, use, or enjoyment of the Land;
ii.the character, dimensions, or location of any improvement on the Land;
iii.the subdivision of land; or
iv.environmental remediation or protection.
b.any governmental forfeiture, police, regulatory, or national security power.
c.the effect of a violation or enforcement of any matter excluded under Exclusion 1.a. or 1.b.
Exclusion 1 does not modify or limit the coverage provided under Covered Risk 5 or 6.
2.Any power of eminent domain. Exclusion 2 does not modify or limit the coverage provided under Covered Risk 7.
3.Any defect, lien, encumbrance, adverse claim, or other matter:
a.created, suffered, assumed, or agreed to by the Insured Claimant;
b.not Known to the Company, not recorded in the Public Records at the Date of Policy, but Known to the Insured
Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant
became an Insured under this policy;
c.resulting in no loss or damage to the Insured Claimant;
d.attaching or created subsequent to the Date of Policy (Exclusion 3.d. does not modify or limit the coverage provided
under Covered Risk 11, 13, or 14);or
e.resulting in loss or damage that would not have been sustained if consideration sufficient to qualify the Insured
named in Schedule A as a bona fide purchaser or encumbrancer had been given for the Insured Mortgage at the
Date of Policy.
4.Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable
doing-business law.
5.Invalidity or unenforceability of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured
Mortgage and is based upon usury law or Consumer Protection Law.
6.Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights law, that the
transaction creating the lien of the Insured Mortgage is a:
a.fraudulent conveyance or fraudulent transfer;
b.voidable transfer under the Uniform Voidable Transactions Act; or
c.preferential transfer:
i.to the extent the Insured Mortgage is not a transfer made as a contemporaneous exchange for new value; or
ii.for any other reason not stated in Covered Risk 13.b.
7.Any claim of a PACA-PSA Trust. Exclusion 7 does not modify or limit the coverage provided under Covered Risk 8.
8.Any lien on the Title for real estate taxes or assessments imposed by a governmental authority and created or attaching
between the Date of Policy and the date of recording of the Insured Mortgage in the Public Records. Exclusion 8 does not
modify or limit the coverage provided under Covered Risk 2.b. or 11.b.
9.Any discrepancy in the quantity of the area, square footage, or acreage of the Land or of any improvement to the Land.
Page 4 of 4
Exhibit I
AMERICAN LAND TITLE ASSOCIATION
LOAN POLICY OF TITLE INSURANCE –2021
(Continued)
EXCEPTIONS FROM COVERAGE
Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This policy treats
any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted,
repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document are excepted from
coverage.
This policy does not insure against loss or damage and the Company will not pay costs, attorneys’ fees, or expenses resulting from the
terms and conditions of any lease or easement identified in Schedule A, and the following matters:
NOTE: The 2021 ALTA Loan Policy may be issued to afford either Standard Coverage or Extended Coverage. In addition to variable
exceptions such as taxes, easements, CC&R’s, etc., the Exceptions from Coverage in a Standard Coverage policy will also include the
Western Regional Standard Coverage Exceptions listed as 1 through 7 below:
1. (a)Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments
on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of
such proceedings, whether or not shown by the records of such agency or by the Public Records.
2. Any facts, rights, interests, or claims that are not shown by the Public Records at Date of Policy but that could be (a) ascertained by
an inspection of the Land, or (b) asserted by persons or parties in possession of the Land.
3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records at Date of Policy.
4. Any encroachment, encumbrance, violation, variation, easement, or adverse circumstance affecting the Title that would be disclosed
by an accurate and complete land survey of the Land and not shown by the Public Records at Date of Policy.
5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights,
claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records.
6. Any lien or right to a lien for services, labor, material or equipment unless such lien is shown by the Public Records at Date of Policy.
7. Any claim to (a) ownership of or rights to minerals and similar substances, including but not limited to ores, metals, coal, lignite, oil,
gas, uranium, clay, rock, sand, and gravel located in, on, or under the Land or produced from the Land, whether such ownership or
rights arise by lease, grant, exception, conveyance, reservation, or otherwise; and (b) any rights, privileges, immunities, rights of way,
and easements associated therewith or appurtenant thereto, whether or not the interests or rights excepted in (a) or (b) appear in the
Public Records or are shown in Schedule B.
Updated 1/1/2025
FACTS WHAT DOES OLD REPUBLIC TITLE
DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers
the right to limit some but not all sharing. Federal law also requires us to tell you how we collect,
share, and protect your personal information. Please read this notice carefully to understand what we
do.
What?
The types of personal information we collect and share depend on the product or service you
have with us. This information can include:
•Social Security number and employment information
•Mortgage rates and payments and account balances
•Checking account information and wire transfer instructions
When you are no longer our customer, we continue to share your information as described in this
notice.
How?
All financial companies need to share customers’ personal information to run their everyday
business. In the section below, we list the reasons financial companies can share their customers’
personal information; the reasons Old Republic Title chooses to share; and whether you can limit
this sharing.
Reasons we can share your personal information Does Old
Republic Title
share?
Can you limit this
sharing?
For our everyday business purposes —such as to process your
transactions, maintain your account(s), or respond to court orders and
legal investigations, or report to credit bureaus
Yes No
For our marketing purposes —
to offer our products and services to you No We don’t share
For joint marketing with other financial companies No We don’t share
For our affiliates’ everyday business purposes —
information about your transactions and experiences Yes No
For our affiliates’ everyday business purposes —
information about your creditworthiness No We don’t share
For our affiliates to market to you No We don’t share
For non-affiliates to market to you No We don’t share
Go to www.oldrepublictitle.com (Contact Us)
Page 2
Who we are
Who is providing this notice?Companies with an Old Republic Title name and other affiliates. Please see below for a
list of affiliates.
What we do
How does Old Republic Title
protect my personal
information?
To protect your personal information from unauthorized access and use, we use security
measures that comply with federal law. These measures include computer safeguards
and secured files and buildings. For more information, visit
https://www.oldrepublictitle.com/privacy-policy
How does Old Republic Title
collect my personal information?
We collect your personal information, for example, when you:
·Give us your contact information or show your driver’s license
·Show your government-issued ID or provide your mortgage information
·Make a wire transfer
We also collect your personal information from others, such as credit bureaus,
affiliates, or other companies.
Why can’t I limit all sharing?Federal law gives you the right to limit only:
·Sharing for affiliates’everyday business purposes -information about your
creditworthiness
·Affiliates from using your information to market to you
·Sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing. See
the State Privacy Rights section location at https://www.oldrepublictitle.com/privacy-
policy for your rights under state law.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and
nonfinancial companies.
•Our affiliates include companies with an Old Republic Title name, and financial
companies such as Attorneys’ Title Fund Services, LLC, Lex Terrae National Title
Services,Inc.,and Mississippi Valley Title Services Company
Non-affiliates Companies not related by common ownership or control. They can be financial and non-
financial companies.
•Old Republic Title does not share with non-affiliates so they can market to you
Joint marketing A formal agreement between non-affiliated financial companies that together market
financial products or services to you.
•Old Republic Title doesn’t jointly market.
Page 2
Affiliates Who May be Delivering This Notice
American First Title
& Trust Company
American Guaranty
Title Insurance
Company
Attorneys' Title Fund
Services, LLC
Compass Abstract, Inc.eRecording Partners
Network, LLC
Genesis Abstract, LLC Guardian Consumer
Services, Inc.
iMarc, Inc.L.T. Service Corp.Lenders Inspection
Company
Lex Terrae National
Title Services, Inc.
Lex Terrae, Ltd.Mississippi Valley
Title Services
Company
Old Republic Branch
Information Services,
Inc.
Old Republic Diversified
Services, Inc.
Old Republic Escrow
of Vancouver, Inc.
Old Republic
Exchange Company
Old Republic Title and
Escrow of Hawaii, Ltd.
Old Republic National
Title Insurance
Company
Old Republic Title
Company
Old Republic Title
Company of Conroe
Old Republic Title
Company of Nevada
Old Republic Title
Company of
Oklahoma
Old Republic Title
Company of Oregon
Old Republic Title
Company of St. Louis
Old Republic Title
Information
Concepts
Old Republic Title
Insurance Agency,
Inc.
Old Republic Title,
Ltd.
RamQuest Software,
Inc.
Republic Abstract &
Settlement, LLC
Sentry Abstract
Company
Surety Title Agency,
Inc.
Trident Land Transfer
Company, LLC