HomeMy WebLinkAboutL_Title Report_191010_v1.pdfChic ago T it le
701 5t h Avenue, Suit e 2700
Pre l im Ti tl e Report
T it le Offic er: Seat t le Builder / Unit 16
Email: CT ISeat t leBuilderUnit @c t t .c om
T it le No.: 0146703-16
Propert y Address:
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SUBDIVISION
Guarantee/Certificate Number:
Issued By:
0146703-16
Subdivision Guarantee/Certificate Printed: 04.08.19 @ 09:26 AM
Page 1 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Andrew T. Albertson and Megan L. Albertson
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: 04.08.19 @ 09:27 AM
Page 2 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0146703-16
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 $35.35
Effective Date: March 29, 2019 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:
Andrew T. Albertson and Megan L. Albertson, husband and wife
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: 04.08.19 @ 09:27 AM
Page 3 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
For APN/Parcel ID(s):334270-0290-05
LOT(S) 57 AND 58, BLOCK A, C. D. HILLMAN'S LAKE WASHINGTON GARDEN OF EDEN ADDITION TO SEATTLE
NO. 2, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 11 OF PLATS, PAGE 64, IN KING COUNTY,
WASHINGTON;
TOGETHER WITH SECOND CLASS SHORELANDS ADJOINING;
AND TOGETHER WITH THAT PORTION OF THE FORMER NORTHERN PACIFIC RAILWAY COMPANY'S RIGHT OF
WAY LYING WESTERLY OF A LINE PARALLEL WITH AND DISTANT 35 FEET WESTERLY, MEASURED AT RIGHT
ANGLES FROM THE CENTERLINE OF THE MAIN TRACT AND BETWEEN THE NORTHERLY AND SOUTHERLY
LINES OF LOT(S) 57 AND 58 EXTENDED EASTERLY;
EXCEPT THE EASTERLY 10 FEET THEREOF FOR ROAD;
AND TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS AS GRANTED IN DEED RECORDED UNDER
RECORDING NUMBER 4189443;
EXCEPT ANY PORTION WITHIN THE MAIN TRACT DESCRIBED ABOVE;
SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0146703-16
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 04.08.19 @ 09:27 AM
Page 4 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
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: Puget Sound Power & Light Company, a Massachusetts corporation
Purpose: Transmission and distribution line
Recording Date: April 30, 1928
Recording No.: 2459548
Affects: Easterly portion of said premises
2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Purpose: Ingress and egress
Recording Date: November 28, 1951
Recording No.: 4189443
Affects: Easterly portion of said premises and other property
3.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Purpose: Public utilities (including water and sewer) with necessary appurtenances
Recording Date: March 23, 1972
Recording No.: 7203230358
Affects: Portion of said premises
4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Washington Natural Gas Company
Purpose: Gas pipeline(s)
Recording Date: June 10, 1996
Recording No.: 9606101219
Affects: Easterly portion of said premises
5.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: City of Renton
Purpose: Utilities
Recording Date: June 11, 1998
Recording No.: 9806110265
Affects: Easterly portion of said premises
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0146703-16
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 04.08.19 @ 09:27 AM
Page 5 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
6.Question of location of lateral boundaries of said second class tidelands or shorelands.
7.Any question that may arise due to shifting and changing in the course, boundaries or high water line of Lake
Washington.
8.Rights of the State of Washington in and to that portion, if any, of the Land which lies below the line of ordinary
high water of Lake Washington.
9.Any prohibition 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 was formerly covered by water.
10.Paramount rights and easements in favor of the United States for commerce, navigation, fisheries and the
production of power.
11.Access to said premises is across a railroad. The Company requires that a private road crossing permit and any
assignment thereof, issued by the railroad, be submitted for examination.
The Company reserves the right to except additional items and/or make additional requirements after reviewing
said documents.
12.Terms and conditions of City of Renton Ordinance No. 4774:
Recording Date: April 9, 1999
Recording No.: 9904091058
13.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.: 334270-0290-05
Levy Code: 2100
Assessed Value-Land: $975,000.00
Assessed Value-Improvements: $398,000.00
General and Special Taxes:
Billed: $14,969.76
Paid: $0.00
Unpaid: $14,969.76
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0146703-16
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 04.08.19 @ 09:27 AM
Page 6 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
14.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $506,000.00
Dated: January 25, 2013
Trustor/Grantor: Andrew T. Albertson and Megan L. Albertson, husband and wife
Trustee: Matt H. Laird
Beneficiary: Mortgage Electronic Registration Systems Inc. as nominee for Cornerstone Mortgage
Company dba Cornerstone Home Lending, Inc.
Recording Date: January 31, 2013
Recording No.: 20130131000985
15.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $454,628.00
Dated: February 3, 2017
Trustor/Grantor: Andrew T. Albertson and Megan L. Albertson, husband and wife
Trustee: First American Title Company
Beneficiary: Citibank, N.A., a national banking association
Recording Date: February 8, 2017
Recording No.: 20170208000753
The Deed of Trust set forth above is purported to be a “Credit Line” Deed of Trust. It is a requirement that the
Trustor/Grantor of said Deed of Trust provide written authorization to close said credit line account to the Lender
when the Deed of Trust is being paid off through the Company or other Settlement/Escrow Agent or provide a
satisfactory subordination of this Deed of Trust to the proposed Deed of Trust to be recorded at closing.
16.Notwithstanding the covered risks as set forth in the policy, the access coverage referenced therein is limited to
the access allowed in any crossing permit which may be required by the owner of the adjoining railroad right of
way (or former railroad right of way), subject to the terms, conditions and provisions therein.
END OF EXCEPTIONS
NOTES
The following matters will not be listed as Special Exceptions in Schedule B of the policy. There will be no coverage for
loss arising by reason of the matters listed below because these matters are either excepted or excluded from coverage or
are not matters covered under the insuring provisions of the policy.
Note A: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:
LTS 57 & 58, BLK A, C. D. HILLMAN'S LAKE WASHINGTON GARDEN OF EDEN ADDN. TO
SEATTLE NO. 2
Tax Account No.: 334270-0290-05
Note B: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 NOTES
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0146703-16
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 04.08.19 @ 09:27 AM
Page 7 WA-CT-FNSE-02150.622481-SPS-1-19-0146703-16
END OF SCHEDULE B