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HomeMy WebLinkAboutL_Legal_Documents_Title_Report_190514_v1SUBDIVISION Guarantee/Certificate Number: Issued By: 191735-SC Subdivision Guarantee/Certificate Printed: 05.19.19 @ 12:05 AM Page 1 WA-CT-FBCM-02150.622476-SPS-1-19-191735-SC CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Car Wash Enterprises Inc. dba Brown Bear Car Wash 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: Authorized Officer or Agent President Attest: Secretary Subdivision Guarantee/Certificate Printed: 05.19.19 @ 12:06 AM Page 2 WA-CT-FBCM-02150.622476-SPS-1-19-191735-SC CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.191735-SC ISSUING OFFICE: Title Officer: Seattle Commercial Unit Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Main Phone: (206)628-5610 Email: WA-Commercial@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $35.35 Effective Date: May 14, 2019 at 12:00 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: Car Wash Enterprises, Inc., a Washington corporation 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: 05.19.19 @ 12:06 AM Page 3 WA-CT-FBCM-02150.622476-SPS-1-19-191735-SC That portion of Section 18, Township 23 North, Range 5 East, Willamette Meridian, in King County Washington, described as follows: Beginning at the intersection of a line drawn parallel with and 75 feet westerly, measured radially from the centerline of primary state highway No. 5, Seattle to Renton, and a line drawn parallel with 30 feet northeasterly, measured at right angles from the centerline of former primary state highway No. 5, now 91st place South, also known as D.C Mitchell Road and Hayes Place; Thence northerly along said 75 feet line a distance of 250 feet; Thence South 81°55’00” west to the intersection with the easterly margin of 91st place south; Thence Southerly along the easterly margin is said 91st place south, 310.26 feet to the point of beginning. Situate in the county of King, State of Washington CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.191735-SC SCHEDULE B Subdivision Guarantee/Certificate Printed: 05.19.19 @ 12:06 AM Page 4 WA-CT-FBCM-02150.622476-SPS-1-19-191735-SC GENERAL EXCEPTIONS H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. SPECIAL EXCEPTIONS 1.Exceptions and reservations contained in deed whereby the grantor excepts and reserves all oil, gases, coal, ores, minerals, fossils, etc., and the right of entry for opening, developing and working the same and providing that such rights shall not be exercised until provision has been made for full payment of all damages sustained by reason of such entry Grantor: State of Washington Recording No.: 5956425 Right of the State of Washington or its successors, subject to payment of compensation, to acquire rights of way for private railroads, skid roads, flumes, canals, water courses or other easements for transporting and moving timber, stone, minerals and other products from this and other land, as reserved in above-referenced deed. 2.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, 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: 9310209004 3.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, 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 Declaration of Lot Combination LLC 18-000287-LC: Recording No: 20180629000436 4.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: 2019 Tax Account No.: 182305-9131 Levy Code: 2100 Assessed Value-Land: $368,000.00 Assessed Value-Improvements: $428,600.00 General and Special Taxes: Billed: $9,032.35 Paid: $4,516.18 Unpaid: $4,516.17 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.191735-SC SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 05.19.19 @ 12:06 AM Page 5 WA-CT-FBCM-02150.622476-SPS-1-19-191735-SC 5.Purchase Option and Right of First Refusal and the terms and conditions thereof: Granted To: Chevron U.S.A., Inc., a Pennsylvania corporation Recording Date: July 25, 2007 Recording No.: 20070725000865 6.A deed of trust to secure an indebtedness in the amount shown below, Amount: $25,000,000.00 Dated: March 31, 2008 Trustor/Grantor: Car Wash Enterprises, Inc., a Washington corporation Trustee: PRLAP, Inc. Beneficiary: Bank of America, N.A. Recording Date: May 23, 2008 Recording No.: 20080523001534 Affects: Includes other property 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 Section 18-23-5, Renton Lot Line Elimination LUA18-000287 Tax Account No.: 182305-9131-01 The legal description in this certificate is based on information provided with the application and the Public Records. All parties must notify the Title Insurance Company if the description does not conform to their expectations END OF SCHEDULE B