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HomeMy WebLinkAboutL_Title_Report_250121_V1Fidelity National Title Commitment for Title Insurance File No.: 611354722 Title Officer: Paula Luxmore Welcome to the new titleLOOK®! titleLOOK upgrades the traditional title report experience from a static report with large zip files of supporting documents to a real-time interactive title report. With titleLOOK, you'll enjoy: •an easy-to-use summary page of your report findings •color-coded requirements and exceptions so you can focus on what is important •hyperlinks directly into the documents referenced on your report •a transparent and convenient title report experience When you click on the above button/link to access your titleLOOK report, you will be taken to inHere, our platform designed to transform the experience of buying or selling real estate from the moment a transaction is started all the way through closing. inHere provides a safe and convenient method of delivering documents and information about your real estate transaction. SUBDIVISION Guarantee/Certificate Number: Issued By: 611354722 Subdivision Guarantee/Certificate Printed: 07.03.25 @ 06:39 AM Page 1 WA-FT-FTMA-01530.610051-SPS-1-25-611354722 FIDELITY NATIONAL TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES AM Construction 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. Fidelity National Title Company of Washington, Inc. 3500 188th St. SW, Suite 300 Lynnwood, WA 98037 Fidelity National Title Insurance Company By: Countersigned By: Michele Millsap Authorized Officer or Agent Michael J. Nolan, President Attest: Marjorie Nemzura, Secretary Subdivision Guarantee/Certificate Printed: 07.03.25 @ 06:39 AM Page 2 WA-FT-FTMA-01530.610051-SPS-1-25-611354722 FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 611354722 ISSUING OFFICE: Title Officer: Paula Luxmore Fidelity National Title Company of Washington, Inc. 3500 188th St. SW, Suite 300 Lynnwood, WA 98037 Phone: 425-771-3031 Main Phone: (425)771-3031 Email: Paula.Luxmore@fnf.com SCHEDULE A Liability Premium Tax $10,500.00 $350.00 $37.10 Effective Date: June 18, 2025 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: 414AM 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: 07.03.25 @ 06:39 AM Page 3 WA-FT-FTMA-01530.610051-SPS-1-25-611354722 For APN/Parcel ID(s):092305-9171-03 THE WEST 155 FEET OF THE NORTH 125 FEET OF THE SOUTH 280 FEET OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 9, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON; EXCEPT COUNTY ROAD. SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON. FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 611354722 SCHEDULE B Subdivision Guarantee/Certificate Printed: 07.03.25 @ 06:39 AM Page 4 WA-FT-FTMA-01530.610051-SPS-1-25-611354722 SPECIAL EXCEPTIONS: 1.Reservations and exceptions contained in the deed Grantor:Northern Pacific Railroad Company Recording No.:234123 Reserving and excepting from said Lands so much or such portions thereof as are or may be mineral lands or contain coal or iron, 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. 2.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document: In favor of:King County Purpose:Slopes for cuts and fills Recording Date:May 27, 1929 Recording No.:Volume 29 of Commissioners' Records, Page 484 Affects:The Westerly portion 3.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Pacific Telephone and Telegraph Company Purpose:Aerial wires, cable, fixtures and appurtenants Recording Date:June 5, 1946 Recording No.:3575617 Affects:Portion of said premises 4.City of Renton Ordinance No. 4612 and the terms and conditions thereof: Recording Date:June 21, 1996 Recording No.:9606210966 5.Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey, Recording Date:August 3, 2017 Recording No.:20170803900017 Matters shown:Encroachments of improvements along the North, east and South boundary lines of said land 6.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, encroachments, 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 Survey: Recording No:20220721900031 FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 611354722 SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 07.03.25 @ 06:39 AM Page 5 WA-FT-FTMA-01530.610051-SPS-1-25-611354722 7.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:2025 Tax Account No.:092305-9171-03 Levy Code:2100 Assessed Value-Land: $546,800.00 Assessed Value-Improvements:$863,100.00 General and Special Taxes: Billed:$14,907.68 Paid:$7,453.84 Unpaid:$7,453.84 8.A deed of trust to secure an indebtedness in the amount shown below, Amount:$750,000.00 Dated:March 14, 2025 Trustor/Grantor:414AM LLC, a Washington limited liability company Trustee:Reconveyance Professionals Inc Beneficiary:WADOT CAPITAL, INC., a Washington corporation Recording Date:March 17, 2025 Recording No.:20250317000674 An assignment of the beneficial interest under said deed of trust which names: Assignee: Thomas J. Cain, as to an undivided 43.3333% BJE Capital LLC, as to an undivided 30.6667% and EJB Capital LLC, as to an undivided 24.0000% Recording Date:March 18, 2025 Recording No.:20250318000212 NOTES: 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: PTN SE 1/4, SEC 9-23-5E, W.M. Tax Account No.: 092305-9171-03 Note: The Public Records indicate that the address of the improvement located on said Land is as follows: 414 Monroe Ave NE Renton, WA 98056 END OF SCHEDULE B This map/plat is being furnished as an aid in locating the herein described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modied by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon. 6/27/25, 8:50 AM King, WA - geoAdvantage by Sentry Dynamics https://clients.sentrydynamics.net/geo?state=WA&county=King&min=False 1/1