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HomeMy WebLinkAboutL_TitleReport_260225_v1SUBDIVISION Guarantee/Certificate Number: Issued By:0281147-16 Update Second Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 1 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Puget Sound Energy, Inc. 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: J.L. Jackson Authorized Officer or Agent Michael J. Nolan, President Attest: Marjorie Nemzura, Secretary Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 2 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0281147-16 UPDATE Second ISSUING OFFICE: Title Officer: Seattle Builder / Unit 16 Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Phone: (206)628-5623 Main Phone: (206)628-5623 Email: CTISeattleBuilderUnit@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $36.23 Effective Date: February 25, 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: Puget Sound Energy, Inc., a Washington corporation, successor in interest to Puget Sound Power & Light company, which was successor by merger with Washington Natural Gas 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: 03.03.26 @ 03:25 PM Page 3 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 20, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID SECTION 20; THENCE NORTH 02°06’30” EAST 501.87 FEET; THENCE NORTH 87°09’25” EAST PARALLEL WITH THE SOUTH LINE OF SAID SECTION 20, 70.26 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 02°06’30” EAST 1666.903 FEET; THENCE NORTH 74°32’17” EAST 144.091 FEET TO A POINT ON THE WESTERLY MARGIN OF A STRIP OF LAND CONVEYED FOR ROADWAY TO THE CITY OF RENTON BY PUGET PROPERTIES, INC., AND RECORDED UNDER RECORDING NO. 5646273; THENCE SOUTH 16°20’40” EAST ALONG SAID WESTERLY MARGIN, 1115.915 FEET TO A POINT OF CURVATURE; THENCE ALONG A CURVE TO THE LEFT WITH A RADIUS OF 384.26 FEET TURNING THROUGH A CENTRAL ANGLE OF 35°18’25”, AN ARC DISTANCE OF 236.79 FEET; THENCE SOUTH 21°20’40” EAST 429.865 FEET; THENCE SOUTH 87°09’25” WEST 801.99 FEET TO THE TRUE POINT OF BEGINNING; EXCEPT ANY PORTION WITHIN THE RIGHTS OF WAY FOR STATE ROUTE 515 AND PUGET DRIVE SOUTH. SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0281147-16 UPDATE Second SCHEDULE B Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 4 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 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:Pacific Northwest Pipeline Corporation Purpose:Pipeline or pipelines for the transportation of oil, gas and the products thereof Recording Date:June 26, 1956 Recording No.:4705923 Affects:The description contained in the above instrument is not sufficient to determine its exact location within the property herein described Amendment to said Easement recorded January 13, 1970 under Recording No. 6608139. Consent to Easement recorded January 15, 1974 under Recording No. 7401150075. 2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Washington Natural Gas Company Purpose:Pipeline for transportation of gas or any other substance Recording Date:October 29, 1958 Recording No.:4959966 Affects:The description contained in the above instrument is not sufficient to determine its exact location within said premises and other property 3.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:The Pacific Telephone and Telegraph Company Purpose:Construction, maintenance and operation of telephone pole line service facility Recording Date:May 11, 1959 Recording No.:5030270 Affects:A portion of said premises 4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as reserved in a document: Reserved by:Puget Properties, Inc. Purpose:Drainage of storm and ground waters and a view easement Recording Date:January 31, 1964 Recording No.:5694120 Affects:A portion of said premises CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0281147-16 UPDATE Second SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 5 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 5.Right to make necessary slopes for cuts or fills upon property herein described as granted or reserved in deed: In favor of:Puget Properties, Inc. Recording Date:January 31, 1964 Recording No.:5694120 6.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:Puget Sound Power & Light Company Purpose:Electric transmission and/or distribution lines Recording Date:October 11, 1965 Recording No.:5939012 Affects:A portion of said premises 7.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:City of Renton Purpose:Sewage pipelines and any other public utilities and services Recording Date:April 14, 1966 Recording No.:6014798 Affects:A portion of said premises 8.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:City of Renton Purpose:Public utilities and appurtenances Recording Date:July 1, 1977 Recording No.:7707011008 and Recording No. 7707011009 Affects:A portion of said premises 9.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:City of Renton Purpose:Sewer line and appurtenances Recording Date:December 21, 1978 Recording No.:7812210942 Affects:A portion of said premises 10.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:8007099009 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0281147-16 UPDATE Second SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 6 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 11.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to:City of Renton Purpose:Underground water line and appurtenances Recording Date:November 16, 1995 Recording No.:9511160392 Affects:A portion of said premises 12.Any easements not disclosed by the public records as to matters affecting title to real property, whether or not said easements are visible and apparent. 13.The property herein described is carried on the tax rolls as exempt as to general real property taxes (not special taxes and charges). However, it will become taxable on the date of the execution of a conveyance to a taxable entity and subject to the lien of real property taxes for the balance of the year from that date: Tax Account No.:202305-9071-09 Levy Code:2100 Assessed Value-Land:$0 Assessed Value-Improvements:$0 14.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.:202305-9071-09 Levy Code:2100 Special Taxes and Charges: Billed:$993.51 Paid:$0.00 Unpaid:$993.51 15.City, county or local improvement district assessments, if any. 16.This item intentionally deleted 17.Any matters of record against entities with names similar to Puget Sound Energy, Inc., Puget Sound Traction & Light Power Company and Puget Sound Power & Light Company. No search has been made for matters which may be filed in King County against the name and former entities of the vested party herein. 18.Any unrecorded leaseholds, right of vendors and holders of security interests on personal property installed upon the Land and rights of tenants to remove trade fixtures at the expiration of the terms. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0281147-16 UPDATE Second SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 7 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 19.A mortgage to secure an indebtedness as shown below Amount:$ unknown Dated:November 13, 2025 Mortgagor:Puget Sound Energy, Inc. Mortgagee:US Bank Trust Company, National Association Recording Date: November 24, 2025 Recording No.:20251124000152 First Supplemental Indenture Recording Date:December 16, 2025 Recording No.:20251216001212 20.The Company's liability for this report is limited to $1,000.00. This report is based on the company's property records, and no liability is assumed for items incorrectly indexed or not indexed in the public records, or for matters which would be disclosed by an inquiry of the parties in possession or by an accurate survey or inspection of the premises. This report 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 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 matter shown, or an opinion as to the marketability of title to the subject premises. NOTES: NoteA: 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 W1/2 of SW, SEC 20-23-5E, W.M. Tax Account No.: 202305-9071-09 Note B: The Public Records indicate that the address of the improvement located on said Land is as follows: 2100 Benson Dr S Renton, WA 98055 Note C: 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. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0281147-16 UPDATE Second SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.03.26 @ 03:25 PM Page 8 WA-CT-FNSE-02150.622481-SPS-1-26-0281147-16 END OF SCHEDULE B