HomeMy WebLinkAboutL-Title Report-2018-05-03SUBDIVISION
Guarantee/Certificate Number:
Issued By: COMMONWEALTH LAND TITLE INSURANCE COMPANY
by its agent:
70093833
Subdivision Guarantee/Certificate Printed: 05.10.18 @ 11:54 AM
Page 1 WA-TT-FNWT-02840.660004-SPS-1-18-70093833
COMMONWEALTH LAND TITLE INSURANCE COMPANY, a corporation, herein called the Company,
GUARANTEES
Donald J Sumpter
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.
Ticor Title Company
1505 Westlake Ave N, Ste 150
Seattle, WA 98109
Commonwealth Land Title Insurance
Company
By:
Countersigned By:
Authorized Officer or Agent
President
Attest:
Secretary
Subdivision Guarantee/Certificate Printed: 05.10.18 @ 11:54 AM
Page 2 WA-TT-FNWT-02840.660004-SPS-1-18-70093833
COMMONWEALTH LAND TITLE INSURANCE
COMPANY GUARANTEE/CERTIFICATE NO.70093833
ISSUING OFFICE:
Title Officer: Sean Barragan
Ticor Title Company
1505 Westlake Ave N, Ste 150
Seattle, WA 98109
Phone: 253-904-1150 Fax: 877-521-9938
Main Phone: (425)255-7472
Email: Sean.Barragan@ticortitle.com
SCHEDULE A
Liability Premium Tax
$50,000.00 $350.00 $35.35
Effective Date: May 3, 2018 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:
Donald J. Sumpter as Trustee of the Sumpter Family Living Trust
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: 05.10.18 @ 11:54 AM
Page 3 WA-TT-FNWT-02840.660004-SPS-1-18-70093833
THE NORTH 165 FEET OF THE SOUTH HALF OF THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER
OF SECTION 14, TOWNSHIP 23 NORTH, RANGE 5 EAST, W. M., IN KING COUNTY, WASHINGTON;
EXCEPT THE WEST 30 FEET; AND
EXCEPT THE EAST 558 FEET.
SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON.
COMMONWEALTH LAND TITLE INSURANCE
COMPANY GUARANTEE/CERTIFICATE NO.70093833
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 05.10.18 @ 11:54 AM
Page 4 WA-TT-FNWT-02840.660004-SPS-1-18-70093833
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 and Light Company, a Washington Corporation
Purpose: Electric Distribution Lines
Recording Date: January 12, 1976
Recording No.: 7601120560
Affects: As now staked or constructed within the west 200 feet
2.Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey,
Recording Date: August 12, 2008
Recording No.: 20080812900004
Matters shown: Encroachment over the North boundary line
3.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: 2018
Tax Account Number: 142305-9013-08
Levy Code: 2143
Assessed Value-Land: $357,000.00
Assessed Value-Improvements: $154,000.00
General and Special Taxes: Billed: $6,730.13
Paid: $6,730.13
Unpaid: $0.00
4.Stipulated Judgment and order Quieting Title No. 16-2-15114-1 KNTand the terms and conditions thereof:
Recording Date: April 16, 2018
Recording No.: 20180416001115
COMMONWEALTH LAND TITLE INSURANCE
COMPANY GUARANTEE/CERTIFICATE NO.70093833
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 05.10.18 @ 11:54 AM
Page 5 WA-TT-FNWT-02840.660004-SPS-1-18-70093833
5.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $750,000.00
Dated: February 28, 2018
Trustor/Grantor: Donald J. Sumpter, Trustee of the Sumpter Family Living Trust
Trustee: First American Title
Beneficiary: William L. Peterson, a single man, as to a 26.66667% interest and Travis Garske, a
marriedman as his sole and separate property, as to a 73.33333%
Recording Date: April 16, 2018
Recording No.: 20180416001116
6.Terms, powers, conditions, and limitations of the trust under which title is held.
The Company will require a copy of the trust agreement and any amendments thereto for review.
If the property which is the subject of this transaction constitutes more than 25 percent of the net fair market value
of the trust principal, proof must be furnished to the Company that the trustee has complied with the 20 day notice
to the beneficiaries of the nature and terms of the intended transaction as provided in RCW 11.100.140.
The Company reserves the right to add additional items/exceptions or make further requirements after review of
the requested documentation.
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 S1/2, SW1/4, SE1/4, SEC 14-23-5E
Tax Account No.: 142305-9013-08
Note: The Public Records indicate that the address of the improvement located on said Land is as follows:
14204 156th Avenue Southeast
Renton, WA 98059
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 modified by endorsement, if any, the
company does not insure dimensions, distances, location of easements, acreage or other matters
shown thereon.
Page 1 of 1geoAdvantage: King County of Washington State (App4)
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