Loading...
HomeMy WebLinkAbout9. 5th MASTER GUARANTEE-LINKED-010526SUBDIVISION Guarantee/Certificate Number: Issued By: 250259-SC Update - 5th Guarantee Subdivision Guarantee/Certificate Printed: 01.09.26 @ 04:37 PM Page 1 WA-CT-FBCM-02150.622476-SPS-1-26-250259-SC CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Conner Homes 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 701 5th Avenue, Suite 2700 Seattle, WA 98104 Chicago Title Insurance Company By: Countersigned By: Joe Knipp Authorized Officer or Agent Michael J. Nolan, President Attest: Marjorie Nemzura, Secretary Subdivision Guarantee/Certificate Printed: 01.09.26 @ 04:37 PM Page 2 WA-CT-FBCM-02150.622476-SPS-1-26-250259-SC CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 250259-SC UPDATE - 5th Guarantee ISSUING OFFICE: Title Officer: Team Adam Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Main Phone: (206)628-5610 Email: TeamAdam@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $36.23 Effective Date: January 5, 2026 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: Conner Homes at Maple Highlands, 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: 01.09.26 @ 04:37 PM Page 3 WA-CT-FBCM-02150.622476-SPS-1-26-250259-SC PARCEL A: (APN 146340-0021-05) THE SOUTH 110 FEET OF THE WEST HALF OF LOT 3, TOGETHER WITH THE NORTH HALF OF LOT 4, ALL IN BLOCK 1, CEDAR RIVER FIVE ACRE TRACTS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 16 OF PLATS, PAGE 52, RECORDS OF KING COUNTY, WASHINGTON; (ALSO KNOWN AS LOT “B”, KING COUNTY LOT LINE ADJUSTMENT NO. 8908008 RECORDED UNDER RECORDING NO. 9003261152). PARCEL B: (APN 146340-0020-06) THE SOUTH HALF OF THE EAST HALF OF TRACT 4, BLOCK 1, CEDAR RIVER FIVE ACRE TRACTS, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 16 OF PLATS, PAGE 52, RECORDS OF KING COUNTY, WASHINGTON. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 250259-SC UPDATE - 5th Guarantee SCHEDULE B Subdivision Guarantee/Certificate Printed: 01.09.26 @ 04:37 PM Page 4 WA-CT-FBCM-02150.622476-SPS-1-26-250259-SC GENERAL EXCEPTIONS H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. 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 Company, a Washington corporation Purpose:Construct, operate, maintain, repair, replace and enlarge an underground electric transmission and/or distribution system Recording Date:February 17, 1984 Recording No.:8402170500 Affects:Portion of Parcel A 2.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 King County Lot Line Adjustment No. 8908008: Recording No:9003261152 Affects:Parcel A 3.City of Renton Ordinance No. 4612, including the terms and provisions thereof: Recording Date:June 21, 1996 Recording No.:9606210966 4.This item intentionally deleted 5.Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey: Job No.:82100111 Dated:August 31, 2023 Prepared by:KPFF Matters shown:a)Wall up to 1.2' north of the northerly property line of subject property; b)Gas line, sanitary sewer line, and underground power line crossing westerly boundary line of subject property; c) Sanitary sewer line crossing easterly boundary line of subject property; d)This item intentionally deleted (Affects: Parcel A) CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 250259-SC UPDATE - 5th Guarantee SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 01.09.26 @ 04:37 PM Page 5 WA-CT-FBCM-02150.622476-SPS-1-26-250259-SC 6.Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey: Job No.:82100111 Dated:August 31, 2023 Prepared by:KPFF Matters shown:a)Wall up to 2.7' north of the northerly property line of subject property; b)This item intentionally deleted (Affects: Parcel B) 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:2026 Tax Account No.:146340-0021-05 Levy Code:2145 Assessed Value-Land: $826,000.00 Assessed Value-Improvements:$488,000.00 General and Special Taxes: Billed:Not available Paid:$0.00 Unpaid:Not available Affects:Parcel A Taxes were paid in the amount of $13,452.77 for 2025. 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:2026 Tax Account No.:146340-0020-06 Levy Code:2145 Assessed Value-Land: $469,000.00 Assessed Value-Improvements:$176,000.00 General and Special Taxes: Billed:Not available Paid:$0.00 Unpaid:Not available Affects:Parcel B Taxes were paid in the amount of $6,595.23 for 2025. 9.This item intentionally deleted CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 250259-SC UPDATE - 5th Guarantee SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 01.09.26 @ 04:37 PM Page 6 WA-CT-FBCM-02150.622476-SPS-1-26-250259-SC 10.Deed of Trust, Security Agreement, Assignment of Leases and Rents, Assignment of Contracts and Plans and Fixture Filing: Amount:$4,950,000.00 Dated:February 1, 2024 Trustor/Grantor:Conner Homes at Maple Highlands, LLC, a Washington limited liability company Trustee:Chicago Title Company of Washington Beneficiary:Banner Bank Loan No.:14017883 Recording Date:February 14, 2024 Recording No.:20240214000246 11.Any unrecorded leaseholds, right of vendors and holders of security interests on personal property installed upon the Land and rights of tenants to remove trade fixtures at the expiration of the terms. 12.Declaration of Covenant for inspection and maintenance of stormwater facilities and BMPS Recording Date:February 10, 2025 Recording No.:20250210000752 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: Portion Lots 3-4, Block 1, Cedar River Five Acre Tracts, Vol 16, Pg 52 Tax Account No.: 146340-0021-05 and 146340-0020-06 Note: 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. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances or acreage shown thereon. END OF SCHEDULE B