Loading...
HomeMy WebLinkAboutD 8104130472 ti • FILED FOR RECORD AT REQUEST Of AFTER RECORDING MAIL TO: OFFICE OF THE CITY CLERK RENTON MUNICIPAL BERG. 200 MILL AYE. SO. / RENTON, NA 98055 81v04/1 " - #0472 D RECD F 7.00 QUIT CLAIM DEED CASHES ****7.00 000000.O I The GRANTOR, INTERPACE CORPORATION, a Delaware cor- poration, for and in consideration of ONE HUNDRED FORTY EIGHT THOUSAND FIVE HUNDRED DOLLARS ($148, 500. 00) and in lieu of con- demnation , does hereby convey and quit claim to THE CITY OF RENTON, a Washington municipal corporation (the "Grantee" ) , that certain real estate , situated in the County of King, State of Washington, which is legally described in Exhibit 1 hereto CD including any interest therein which grantor may hereafter 01 acquire. CD The conveyance effectuated hereby shall be subject to 00 the following covenant on the part of Grantee: At no time within fifteen (15) years after the date hereof shall Grantee exercise or threaten to exercise its power of eminent domain with respect to that certain adjoining real property owned by Grantor described in Exhibit 2 hereto. Grantee warrants and agrees that Grantor shall , by virtue of this covenant, have an absolute defense to any condemnation or similar action brought by Grantee or its successors or assigns against Grantor or its successors and assigns . Grantee further covenants that the permitted uses of Grantor ' s adjoining property shall not be altered or restricted by reason of the use to which the above-described property is put by Purchaser or by reason of the proximity of Grantor ' s adjoining property to the above-described property. DATED this 16th day of December , 1980. INTERPACE CORPORATION Attest: By leLeteelOrea--t3,i)- iyiialet � Its Vice President Secretary New Jerse STATE OF >WARM=slo ss COUNTY OF KING( Morris On this 16th day of December , 1980, before me , a Notary Public in and for the State of Washington , duly rnet Co. Dy ` J( y1,1'1 a 4 q All except county roads , and except the following described parcel: That portion of Gov' t . Lots 6, 7, 8 and 9 in Section 17, Town- ship 23 North , Range 5 East , W.M. , King County, Washington, Described as follows: Beginning at the intersection of the North and South Center Line of said Section 17, with the north- erly line of the Burlington-Northern right of way; thence S 59°23' 07" E along said northerly line 285.94 feet; thence N 79°11' 10" E 42. 68 feet; thence N 66°41' 51" E 114. 56 feet; thence S 74°33' 43" E 134. 69 feet; thence S 87°12' 48" E 119. 34 N feet; thence S 66°04' 38" E 111 .10 feet thence S 57°18 ' 57"E96.15 feet; thence S 80°29 ' 59" E 118 . 76 feet thence S 73°06 ' 57" E 108. 28 feet; thence S 82°48' 29" E 66. 27 feet; thence S CD 74°00 ' 19" E 95. 57 feet; thence S 37°59 ' 12" E 73. 78 feet; thence S 20°32' 12" E 182.89 feet; thence S12°05' 27" E 80. 24 feet; 0 thence S 25°19 ' 42" E 155. 52 feet; thence S6°06 ' 06" E 65. 58 feet more or less to the northerly line of the Burlington Northern GO right of way; thence S 59°23' 07" E along said northerly line 442. 4 to a point of curve , thence easterly along said curve to the left with a radius of 1556. 68 feet for a distance of 653. 27 feet to a point of compound curve; thence continuing Easterly along said curve with a radius of 2405. 7 feet for a distance of 291 feet more or less to the east line of said Section 17; thence North along said east line 10 feet to the south shore of Cedar River; thence following along said shore westerly and northwesterly to a point on the north and south center line of said Section 17 and point of beginning; EXCEPT any portion of the above described tract lying northerly of the boundary as established by decree in Superior Court Cause No. 90072; and EXCEPT any water rights arising from or associated with said Property, which water rights Seller expressly reserves unto itself; Containing approximately 234,400 square feet (5. 4 acres) . • • commissioned and sworn, personally appeared Harold A. Sanford, Jr. and Robert R. Behn , to me known to be the Vice President and Secretary , respectively, of INTERPACE CORPORA- TION, the corporation named in and which executed the foregoing instrument; and they acknowledged to me that they signed the same as the free and voluntary act and deed of said corporation for the uses and purposes therein mentioned, being authorized so to do, and that the corporate seal affixed thereto is the seal of said corporation. WITNESS my hand and official seal the day and year in CQ this certificate above written. pct' © � Notary Public ih and for)the State U of >111azhcixtxgtxxx, residing at Boonton Twp, New Jersey ELIZABETH A. LONE NOTARY PUBLIC OF NEW JERSEY' My Commission Expi.es March 22, 198; I Exhibit 1 to Quit Claim Deed Legal Description of the Property That portion of Gov' t. Lots 6, 7, 8 and 9 in Section 17, Town- ship 23 North, Range 5 East, W.M. , King County, Washington , Described as follows: Beginning at the intersection of the North and South Center Line of said Section 17, with the north- erly line of the Burlington-Northern right of way; thence C S 59°23' 07" E along said northerly line 285.94 feet; thence N 79°11' 10" E 42 . 68 feet; thence N 66°41' 51" E 114. 56 feet; CD thence S 74°33' 43" E 134. 69 feet; thence S 87°12' 48" E 119. 34 C ) feet; thence S 66°04' 38" E 111 .10 feet thence S 57°18' 57"E96.15 feet; thence S 80°29' 59" E 118 . 76 feet thence S 73°06' 57" E CD 108. 28 feet; thence S 82°48' 29" E 66. 27 feet; thence S 74°00 ' 19" E 95. 57 feet; thence S 37°59' 12" E 73.78 feet; thence CD S 20°32' 12" E 182.89 feet; thence S12°05' 27" E 80. 24 feet; thence S 25°19 ' 42" E 155. 52 feet; thence S6°06 ' 06" E 65. 58 feet more or less to the northerly line of the Burlington Northern right of way; thence S 59°23' 07" E along said northerly line 442. 4 to a point of curve, thence easterly along said curve to the left with a radius of 1556. 68 feet for a distance of 653. 27 feet to a point of compound curve; thence continuing Easterly along said curve with a radius of 2405. 7 feet for a distance of 291 feet more or less to the east line of said Section 17; thence North along said east line 10 feet to the south shore of Cedar River; thence following along said shore westerly and northwesterly to a point on the north and south center line of said Section 17 and point of beginning; EXCEPT any portion of the above described tract lying northerly of the boundary as established by decree in Superior Court Cause No. 90072; and EXCEPT any water rights arising from or associated with said Property, which water rights Seller expressly reserves unto itself; Containing approximately 234,400 square feet (5. 4 acres) . SUBJECT TO a perpetual easement over the whole or the above described Property reserved unto Seller and its successors and assigns for purposes of drainage (including, without limita- tion , surface water run off and treated waste discharge) and for purposes of access to Cedar River in exercise of Seller ' s existing or future state-granted water rights pertaining there- to. Exhibit 2 to Quit Claim Deed Legal Description of Grantor ' s Property PARCEL A: That portion of Government Lots 5 and 6, and the Southwest quarter of the Southeast quarter , all of Section 17, Township 23 North, Range 5 East, W.M. , in King County, Washington, lying � southerly of the Burlington Northern Railroad right-of-way, 100 feet wide , and northerly and easterly of a line described as O follows: C) ,a, Beginning at the point of intersection of the east line of said O Section 17 , and the southerly line of the Burlington Northern Railroad right-of-way; thence northwesterly along said souther- D ly line to a point 1 ,136. 22 feet north and 1 ,239.88 feet east of the South quarter corner of said Section 17; thence South 81°24' West 703. 61 feet; thence North 56°37' West 624. 00 feet; thence North 79°35' West 357. 00 feet, more or less to a point 1, 440.92 feet North , and 320 .13 feet west of the South quarter corner of said Section 17; thence North 41°25' West 160.00 feet; thence North 26°55' West 216.00 feet; thence North 8°41' East to the southwesterly line of said railroad right-of-way, being the terminus of said line . PARCEL B: That portion of Government Lots 6 and 9, and the Southwest quarter of the Southeast quarter , all of Section 17, Township 23 North, Range 5 East, W.M. , in King County, Washington, lying northerly of the Burlington Northern Railroad right-of-way, 100 feet wide , and southerly of a line established by Superior Court Cause No. 90072. PARCEL C: All that portion of the West half of the Southeast quarter of Section 17, Township 23 North , Range 5 East , W.M. , in King County, Washington, lying southerly of a line described as follows: Beginning at the point of intersection of the east line of said Section 17 and the southerly line of the Pacific Coast Railroad right-of-way; thence northwesterly along the said southerly railroad right-of-way line to a point 1 ,136. 22 feet north and 1 , 239. 88 feet east of the South quarter corner of said Section 17; thence South 81°24' West 703.61 feet; thence North 56°37' West 624.0 feet; thence North 79°35' West 357. 0 feet, more or less , to a point 1 ,440.92 feet north and 320 .13 feet west of the South quarter corner of said Section 17; also The east 400 feet of the north 250 feet of the Northwest quarter of the Northeast quarter of Section 20, Township 23 North , Range 5 East, W.M. , in King County, Washington: AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY FORM B-1970 (Amended 10-17-70) Ar i CHICAGO TITLE INSURANCE COMPANY 4 1 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN SCHEDULE B AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, sCHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of -4 insurance stated in Schedule A, and costs, attorneys' fees and expenses which the Company may become N. obligated to pay hereunder, sustained or incurred by the insured by reason of: e` 1. Title to the estate or interest described in Schedule A being vested otherwise than as stated therein; 1 Y 2. Any defect in or lien or encumbrance on such title; 04 3. Lack of a right of access to and from the land;or N. 4. Unmarketability of such title. r I Si In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and sealed as of the date of policy shown in Schedule A, the policy to become valid when countersigned .4 by an authorized signatory. CHICAGO TITLE INSURANCE COMPANY ` Issued by: By. / s 1... Z/ CHICAGO TITLE INSURANCE COMPANY ,,....„120 all' . .--te '7 ��‘I'§uR4 , President. o�ORPORAtf':p i ATTEST: Q 9606 C 7 -e x'*; ' ,1 f ..- f'` r Secretary. IMPORTANT This policy necessarily relates solely to the title as of the date of the policy. In order that a purchaser of the real estate described herein may be insured against defects, liens or encumbrances, this policy ik should be reissued in the name of such purchaser. r— cI A-: Copyright 1969 American Land Title Association EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 1. Any law,ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the effect of any violation of any such law, ordinance or governmental regulation. 2. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records at Date of Policy. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this policy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. AO CHICAGO TITLE INSURANCE COMPANY OWNERS FORM SCHEDULE A Number Date of Policy Amount of Insurance 71557 April 13, 1981 at 8: 30 a.m. $148, 500 .00 1. Name of Insured: THE CITY OF RENTON. 2 . The estate or interest in the land herein and which is covered by this policy is: Fee simple 3 . The estate or interest referred to herein is at Date of Policy vested in the insured. 4. The land herein described is encumbered by the following mortgage or trust deed, and assignments: only the mortgages or trust deeds, if any, shown in Schedule B hereof. 5 . The land referred to in this policy is described as follows : As on Schedule A, page 2, attached. CHICAGO TITLE INSURANCE COMPANY Schedule A 71557-D • Page 2 5 . THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWS: That portion of Government Lots 6, 7, 8 and 9, Section 17, Township 23 North, Range 5 East, W.M. , in King County, Washington, described as follows: Beginning at the intersection of the north and south center line of said Section 17, with the northerly line of the Builington-Northern right of way; thence south 59°23 '07" east along said northerly line 285.94 feet; thence north 79°11 ' 10" east 42. 68 feet; thence north 66°41 ' 51" east 114. 56 feet; thence south 74°33 '43" east 134. 69 feet; thence south 87 °12 '48" east 119.34 feet; thence south 66°04 ' 38" east 111 . 10 feet; thence south 57 °18 ' 57" east 96.15 feet; thence south 80°29 ' 59" east 118. 76 feet; thence south 73°06 ' 57" east 108.28 feet; thence south 82°48 '29" east 66. 27 feet; thence south 74°00 '19" east 95. 57 feet; thence south 37°59 '12" east 73. 78 feet; thence south 20°32 '12" east 182.89 feet; thence south 12°05 '27" east 80. 24 feet; thence south 25°19 '42" east 155. 52 feet; thence south 6°06 '06" east 65. 58 feet more or less to the northerly line of the Burlington Northern right of way; thence south 59°23 '07" east along said northerly line 442. 4 feet to a point of curve; thence easterly along said curve to the left with a radius of 1556.68 feet for a distance of 653.27 feet to a point of compound curve; thence continuing easterly along said curve with a radius of 2405. 7 feet for a distance of 291 feet more or less to the east line of said Section 17; thence north along said east line 10 feet to the south shore of Cedar River; thence following along said shore westerly and northwesterly to a point on the north and south center line of said Section 17 and point of beginning; EXCEPT any portion of the above described tract lying northerly of the boundary as established by decree in Superior Court Cause No. 90072; and EXCEPT any water rights arising from or associated with said property, which water rights seller expressly reserves unto itself. CHICAGO TITLE INSURANCE COMPANY • OWNERS/LOAN FORM - STANDARD SCHEDULE B Policy Number 71557 This policy does not insure against loss or damage by reason of the following exceptions: GENERAL EXCEPTIONS: ( 1 ) Rights or claims of parties in possession not shown by the public records . ( 2 ) Encroachments, overlaps, boundary line disputes, and any other matters which would be disclosed by an accurate survey and inspection of the premises . (3) Easements or claims of easements not shown by the public records. (4) Any lien, or right to a lien, for services, labor or mater- ial heretofore or hereafter furnished, imposed by law and not shown by the public records . (5) Liens under the Workmen' s Compensation Act not shown by the public records . (6) Any service, installation, connection, maintenance or con- struction charges for sewer, water, electricity or garbage removal . ( 7 ) General taxes not now payable, matters relating to special assessments and special levies, if any, preceding the same becoming a lien. (8) (a) Reservations or exceptions in patents or in Acts authorizing the issuance thereof; (b) water rights, claims or title to water. SPECIAL EXCEPTIONS: The mortgage, if any, referred to in Item 4 of Schedule A. (continued) 4 CHICAGO TITLE INSURANCE COMPANY Schedule B 71557 Page 2 1 . EASEMENT AND THE TERMS AND CONDITIONS THEREOF: RESERVED BY: Interpace Corporation PURPOSE: Drainage AREA AFFECTED: The description contained therein is not sufficient to determine its exact location within the property herein described DATED: December 16, 1980 RECORDED April 13, 1981 RECORDING NUMBER: 8104130472 2 . EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: Chicago, Milwaukee & St . Paul Railway Company, a Washington corporation PURPOSE: Electric transmission system AREA AFFECTED: The description contained therein is not sufficient to determine its exact location within the property herein described DATED: December 8, 1917 RECORDED: January 21, 1918 RECORDING NUMBER: 1186401 3 . EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: Puget Sound Power & Light Company PURPOSE: Electric pole or transmission line and roadway AREA AFFECTED: The description contained therein is not sufficient to determine its exact location within the property herein described DATED: July 23, 1934 RECORDED: October 11, 1934 RECORDING NUMBER: 2824086 4. RESTRICTIONS CONTAINED IN INSTRUMENT: RECORDED: April 13, 1981 RECORDING NUMBER: 8104130472 AS FOLLOWS: At no time within 15 years after the date hereof shall grantee exercise or threaten to exercise its power of eminent domain with respect to that certain adjoining real property owned by grantor described in Exhibit 2 hereto. Grantee warrants and agrees that grantor shall, by virtue of this covenant, have an absolute defense to any condemnation or similar action brought by grantee or its successors or assigns against grantor or its successors and assigns . (continued) CHICAGO TITLE INSURANCE COMPANY • Schedule B 71557 Page 3 Grantee Further covenants that the permitted uses of grantor' s adjoining property shall not be altered or restricted by reason of the use to which the above-described property is put by purchaser or by reason of the proximity of grantor' s adjoining property to the above-described property. 5 . EXCEPTIONS AND RESERVATIONS CONTAINED IN DEED: FROM: Puget Sound Power and Light Company, a Massachusetts corporation DATED: August 23, 1934 RECORDED: September 4, 1934 RECORDING NUMBER: 2817183 AS FOLLOWS: Excepting and reserving thereon to the first party its heirs and assigns all coal, oil and other metals and minerals, excepting clay and shale for making clay products , and the mineral and minings rights lying in and under the said premises and every part thereof, whether heretofore or hereafter discovered, with the right to mine, quarry, and procure the premises at any time hereafter. 6. Any question that may arise due to shifting and changing in course of Cedar River. 7 . Right of the State of Washington in and to that portion, if any, of the property herein described which lies below the line of ordinary high water of the Cedar River. 8. Any prohibition of or limitation of use, occupancy or improvement of the land resulting from the rights of the public or riparian owners to use any portion which is now or has been formerly covered by water. 9. Notwithstanding the insuring clauses of this policy, the Company does not insure against any loss or damage by reason of lack of access to and from the land. END OF SCHEDULE B Countgrsigned: 4, r A IA�kV/�Fi Vii, ; Att , . S n figry . t.i Schedule B of this Policy consists of 3 pages D-2540 CB CONDITIONS AND STIPULATIONS 1. Definition of Terms policy, the Company may pursue any such litigation to final determi- The following terms when used in this policy mean: nation by a court of competent jurisdiction and expressly reserves the (a) "insured": the insured named in Schedule A, and, subject to right, in its sole discretion, to appeal from any adverse judgment or any rights or defenses the Company may have had against the named order. insured, those who succeed to the interest of such insured by operation (e) In all cases where this policy permits or requires the Company of law as distinguished from purchase including, but not limited to, to prosecute or provide for the defense of any action or proceeding, heirs, distributees, devisees, survivors, personal representatives, next of the insured hereunder shall secure to the Company the right to so kin, or corporate or fiduciary successors. prosecute or provide defense in such action or proceeding, and all (b) "insured claimant": an insured claiming loss or damage here- appeals therein, and permit the Company to use, at its option,the name Corn- under. of such insured for such purpose. Whenever requested by the Corn- pany, such insured shall give the Company all reasonable aid in any (c) "knowledge": actual knowledge, not constructive knowledge or such action or proceeding, in effecting settlement, securing evidence, notice which may be imputed to an insured by reason of any public obtaining witnesses, or prosecuting or defending such action or pro- records. ceeding, and the Company shall reimburse such insured for any (d) "land":the land described,specifically or by reference in Schedule expense so incurred. A, and improvements affixed thereto which by law constitute real prop- erty; provided, however,the term"land" does not include any property 4. Notice of Loss—Limitation of Action beyond the lines of the area specifically described or referred to in In addition to the notices required under paragraph 3(b) of these Schedule A, nor any right, title, interest, estate or easemen'.. in abutting Conditions and Stipulations, a statement in writing of any loss or dam- streets, roads, avenues, alleys, lanes, ways or waterways, but nothing age for which it is claimed the Company is liable under this policy herein shall modify or limit the extent to which a right of access to shall be furnished to the Company within 90 days after such loss or and from the land is insured by this policy. damage shall have been determined and no right of action shall accrue (e) "mortgage": mortgage,deed of trust,trust deed, or other security to an insured claimant until 30 days after such statement shall have instrument. been furnished. Failure to furnish such statement of loss or damage shall terminate any liability of the Company under this policy as to (f) "public records": those records which by law impart constructive such loss or damage. notice of matters relating to said land. 5. Options to Pay or Otherwise Settle Claims 2. Continuation of Insurance after Conveyance of Title The Company shall have the option to pay or otherwise settle for The coverage of this policy shall continue in force as of Date of or in the name of an insured claimant any claim insured against or to Policy in favor of an insured so long as such insured retains an estate terminate all liability and obligations of the Company hereunder by or interest in the land, or holds an indebtedness secured by a purchase paying or tendering payment of the amount of insurance under this money mortgage given by a purchaser from such insured, or so long policy together with any costs, attorneys' fees and expenses incurred as such insured shall have liability by reason of covenants of warranty up to the time of such payment or tender of payment, by the insured made by such insured in any transfer or conveyance of such estate or claimant and authorized by the Company. interest; provided, however, this policy shall not continue in force in favor of any purchaser from such insured of either said estate or 6. Determination and Payment of Loss interest or the indebtedness secured by a purchase money mortgage (a) The liability of the Company under this policy shall in no case given to such insured. exceed the least of: (i) the actual loss of the insured claimant; or 3. Defense and Prosecution of Actions—Notice of Claim (ii) the amount of insurance stated in Schedule A. to be given by an Insured Claimant (a) The Company, at its own cost and without undue delay, shall (b) The Company will pay, in addition to any loss insured against provide for the defense of an insured in all litigation consisting of by this policy, all costs imposed upon an insured in litigation carried actions or proceedings commenced against such insured, or a defense on by the Company for such insured, and all costs, attorneys' fees and interposed against an insured in an action to enforce a contract for a expenses in litigation carried on by such insured with the written sale of the estate or interest in said land, to the extent that such litiga- authorization of the Company. tion is founded upon an alleged defect, lien, encumbrance, or other (c) When liability has been definitely fixed in accordance with the matter insured against by this policy. conditions of this policy, the loss or damage shall be payable within (b) The insured shall notify the Company promptly in writing (i) in 30 days thereafter. case any action or proceeding is begun or defense is interposed as set 7. Limitation of Liability forth in (a) above, (ii) in case knowledge shall come to an insured No claim shall arise or be maintainable under this policy (a) if the hereunder of any claim of title or interest which is adverse to the Company, after having received notice of an alleged defect, lien or title to the estate or interest, as insured, and which might cause loss encumbrance insured against hereunder, by litigation or otherwise, or damage for which the Company may be liable by virtue of this removes such defect, lien or encumbrance or establishes the title, as policy, or (iii) if title to the estate or interest, as insured, is rejected as insured, within a reasonable time after receipt of such notice; (b) in unmarketable. If such prompt notice shall not be given to the Com- the event of litigation until there has been a final determination by a pany, then as to such insured all liability of the Company shall cease court of competent jurisdiction, and disposition of all appeals there- and terminate in regard to the matter or matters for which such from, adverse to the title, as insured, as provided in paragraph 3 prompt notice is required; provided, however, that failure to notify hereof; or (c) for liability voluntarily assumed by an insured in settling shall in no case prejudice the rights of any such insured under this any claim or suit without prior written consent of the Company. policy unless the Company shall be prejudiced by such failure and then only to the extent of such prejudice. 8. Reduction of Liability (c) The Company shall have the right at its own cost to institute All payments under this policy, except payments made for costs, and without undue delay prosecute any action or proceeding or to do attorneys' fees and expenses, shall reduce the amount of the insurance any other act which in its opinion may be necessary or desirable to pro tanto. No payment shall be made without producing this policy establish the title to the estate or interest as insured, and the Company for endorsement of such payment unless the policy be lost or destroyed, may take any appropriate action under the terms of this policy,whether in which case proof of such loss or destruction shall be furnished to or not it shall be liable thereunder, and shall not thereby concede the satisfaction of the Company. liability or waive any provision of this policy. 9. Liability Noncumulative (d) Whenever the Company shall have brought any action or inter- It is expressly understood that the amount of insurance under this posed a defense as required or permitted by the provisions of this policy shall be reduced by any amount the Company may pay under CONDITIONS AND STIPULATIONS (Continued on Reverse Side) CONDITIONS AND STIPULATIONS (Continued) any policy insuring either (a) a mortgage shown or referred to in and remedies against any person or property necessary in order to Schedule B hereof which is a lien on the estate or interest covered by perfect such right of subrogation and shall permit the Company to use this policy, or (b) a mortgage hereafter executed by an insured which the name of such insured claimant in any transaction or litigation is a charge or lien on the estate or interest described or referred to in involving such rights or remedies. If the payment does not cover the Schedule A, and the amount so paid shall be deemed a payment under loss of such insured claimant, the Company shall be subrogated to this policy. The Company shall have the option to apply to the pay- such rights and remedies in the proportion which said payment bears ment of any such mortgages any amount that otherwise would be pay- to the amount of said loss. If loss should result from any act of such able hereunder to the insured owner of the estate or interest covered insured claimant, such act shall not void this policy, but the Corn- by this policy and the amount so paid shall be deemed a payment pany, in that event, shall be required to pay only that part of any losses under this policy to said insured owner. insured against hereunder which shall exceed the amount, if any, lost to the Company by reason of the impairment of the right of subrogation. 10. Apportionment If the land described in Schedule A consists of two or more parcels 12. Liability Limited to this Policy which are not used as a single site, and a loss is established affecting This instrument together with all endorsements and other instru- one or more of said parcels but not all, the loss shall be computed ments, if any, attached hereto by the Company is the entire policy and and settled on a pro rata basis as if the amount of insurance under contract between the insured and the Company. this policy was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made Any claim of loss or damage, whether or not based on negligence, subsequent to Date of Policy, unless a liability or value has otherwise and which arises out of the status of the title to the estate or interest been agreed upon as to each such parcel by the Company and the covered hereby or any action asserting such claim, shall be restricted insured at the time of the issuance of this policy and shown by an to the provisions and conditions and stipulations of this policy. express statement herein or by an endorsement attached hereto. No amendment of or endorsement to this policy can be made except by writing endorsed hereon or attached hereto signed by either the 11. Subrogation Upon Payment or Settlement President, a Vice President, the Secretary, an Assistant Secretary, or Whenever the Company shall have settled a claim under this policy, validating officer or authorized signatory of the Company. all right of subrogation shall vest in the Company unaffected by any act of the insured claimant. The Company shall be subrogated to and 13. Notices,Where Sent be entitled to all rights and remedies which such insured claimant All notices required to be given the Company and any statement in would have had against any person or property in respect to such writing required to be furnished the Company shall be addressed to its claim had this policy not been issued, and if requested by the Com- principal office at 111 West Washington Street, Chicago, Illinois 60602, pany, such insured claimant shall transfer to the Company all rights or at any branch office of the Company. 27 5 W�i� ‘1� `x#�''�i�'�i�'°�.ii,�41�is�`:�i,,"�;i.""'��'� "�.#�""�#,�'"'%:1�":�1.�`;`�.ie"�ii�''"'�.#:�',�a#�`"�tJ'"`�i�''."�.t�'.‘i�+','�i�',°`�ii;`�#. r- n y sy x y e '4 0 3511 C7 C7 ��Cs �f H O m bN r--14 ei' 't cA — t21 NE 00 -1 z �, G1 9,, y~ z t i c z 9 O A1NY e 3ti ` tb r»` 0 cm z n e R. N tri C)pi O.A• iF% o tri tri '',, Y.1 r, [VV. 1 . .. • . .. F.,ii. re-k • • O F I? 4$ 0 THE CITY OF RENTON MUNICIPAL BUILDING 200 MILL AVE. SO. RENTON,WASH. 98055 ealL BARBARA Y. SHINPOCH, MAYOR • PLANNING DEPARTMENT 090 235- 2550 0,9gr�D SEPle°c?' MEMORANDUM April 7 , 1981 TO: Dee Beedle, Clerk ' s Office FROM: Ed Hayduk, Housing & Community Development Coordinator RE : INTERPACE DEED I have checked the legal description for the Interpace property and find it to be in proper fo ii • -- - . . •- recording fee to the CD-A476-80 grant A/C# 000/000/07 . 538 . 61 . 65. 01 and forward a copy to this office of t e recor.ed deed as soon . as it is returned by the Auditor' s Office. Thank you. Eh; sh Attachment - Deed • • OF / O OFFICE OF THE CITY ATTORNEY • RENTON,WASHINGTON L __1'`/ POST OFFICE BOX 626 100 2nd AVENUE BUILDING • RENTON, WASHINGTON 98055 255-8678 n p LAWRENCE J.WARREN, CITY ATTORNEY DANIEL KELLOGG, ASSISTANT CITY ATTORNEY SUSAN R. IRWIN, ASSISTANT CITY ATTORNEY 0,91TFD SEP1 �O�P April 3, 1981 TO : Del Mead, City Clerk FROM: Lawrence J. Warren, City Attorney Re : Quit Claim Deed - Interpace to City of Renton Dear Del : Enclosed please find the original of a quit claim deed together with 1% sales tax affidavit re the above which you should record. �,APz4 Lawrencec-J,---Warren LJW:nd Encl.