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HomeMy WebLinkAboutL_Title Report for Olympic Pipe Line CompanyCHICAGO TITLE OF WASHINGTON Chicago Title Commitment for Title Insurance Title Officer: Team Adam Email: TeamAdam@ctt.com Title No.; 213550-SC Property Address: Introducing LiveLOOK LiveLOOK title document delivery system is designed to provide 24/7 real-time access to all information related to a title insurance transaction. Access title reports, exception documents, an easy-to-use summary page, and more, at your fingertips and your convenience. To view your new Chicago Title LiveLOOK report, Click Here — Effortless, Efficient, Compliant, and Accessible SUBDIVISION Guarantee/Certificate Number; Issued By: CHICAGO TITLE INSURANCI; COMPANY 213550-SC CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES City of Renton 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 Insurance Company By: Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Randy Quirk, President Countersigned By: Attest: Authorized Officer or Agent Marjorie Nemzura, Secretary Subdivision Guarantee/Certificate Pnnted: 09.10.21 ©08:47 PM WA-CT-FBCM-02160.622476-SPS-1-21-213550-SC Page 1 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 213550-SC ISSUING OFFICE: Title Officer: Team Adam Chicago Title Company of Washington 701 5th Avenue. Suite 2700 Seattle, WA 98104 Main Phone: (206)628-5610 Email: TeamAdam@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $35.88 Effective Date: September 7, 2021 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 deschbed property: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF Title to said real property is vested in: Shell Oil Company, a Delaware corporation, as to the South 30 feet of said premises; and Olympic Pipe Line Company LLC, a Delaware limited liability, which acquired title as Olympic Pipe Line Company, as to the remainder subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown In the order of their priority. END OF SCHEDULE A Subdivision Guarantee/Certificate Page 2 Prihted: 09,10.21 @ 08:47 PM WA-CT-FBCM-02150.622476-SPS-1-21-213550-SC EXHIBIT "A" Legal Description For APN/Parcel ID(s): 302305-9084 That portion of the Northwest Quarter of the Northwest Quarter of Section 30, Township 23 North, Range 5 East, W.M., in King County, Washington described as follows: Commencing at the Northwest corner of said Section 30; THENCE South 0°49'10" West, along the West line of said Section 30, a distance of 180.01 feet to an intersection with a line parallel to and 180 feet Southerly, measured at right angles to the North line of said Section 30; THENCE 89°52'01" East, parallel with said North line 20.00 feet to an intersection with a line parallel to and 20 feet Easterly, measured at right angles to the West line of said Section 30, said point being the True Point of Beginning; THENCE South 89°52'01" East, parallel and 180 feet Southerly of the North line of said section, a distance 910.93 feet to a point on a line 70 feet Westerly as measured at right angles to the East line of said Northwest Quarter of the Northwest Quarter; THENCE South r35'12" West, parallel to said East line 577.01 feet; THENCE North 88°24'48" West a distance of 903.21 feet to a point on a line parallel to and 20 feet Easterly of, measured at right angles to the West line of said Section 30; THENCE North 0°49'10" East, along said parallel line, 554.32 feet to the True Point of Beginning; TOGETHERWITH that portion of the Northwest Quarter of the Northwest Quarter of Section 30, Township 23 North, Range 5 East, W.M., in King County, Washington, described as follows: Commencing at the Northwest corner of said Section 30; THENCE South 0°49'10" West along the West line of said Section 30, a distance of 180.01 feet to an intersection with a line parallel to and 180 feet Southerly, measured at right angles to the North line of said Section 30; THENCE South 89°52'01" East parallel with said North line, a distance of 930.3 feet to the True Point of Beginning; THENCE South 0r35'12" West, a distance of 547.01 feet to a point; THENCE South 88°24'48" East, a distance of 30 feet to a point; THENCE North 0r35'12" East, a distance of 547.77 feet to a point; THENCE North 89°52'01" West a distance of 30.01 feet to True Point of Beginning. Subdivision Guarantee/Certificate Page 3 Printed: 09.10.21 @ 08:47 PIVI WA-CT-FBCiy-02150.622476-SPS-1-21-213550-SC CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 213550-SC SCHEDULE B 1. Reservations of oil, coal, gas and minerals and/or mineral rights of any nature, and right of entry to explore same, contained in the deed; Grantor; Clarence Cady and Carl S. Cady Recording Date; January 26, 1961 Recording No.; 5245559 Affects; Undivided 1/2 interest 2. Reservations of oil, coal, gas and minerals and/or mineral rights of any nature, and right of entry to explore same, contained in the deed; Grantor; Jane L. Geary Recording Date; February 1, 1961 Recording No.; 5247620 Affects; Undivided 1/4 interest 3. Reservations of oil, coal, gas and minerals and/or mineral rights of any nature, and right of entry to explore same, contained in the deed; Grantor; Arthur L. Cady Recording Date; February 9, 1962 Recording No.; 5386152 Affects; undivided 1/4 interest 4. Reservations of oil, coal, gas and minerals and/or mineral rights of any nature, and right of entry to explore same, contained in the deed; Grantor; Glacier Park Company Recording Date; September 12, 1965 Recording No.; 5927061 5. 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 Purpose; Electric transmission and/or distribution line, together with necessary appurtenances Recording Date; March 1, 1966 Recording No: 5994715 Affects: Portion of said premises 6. Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document; In favor of; Mobile Oil Corporation Purpose; Road Recording Date: May 9, 1967 Recording No.: 6172763 Affects: Portion of said premises Subdivision Guarantee/Certificate Page 4 Printed: 09.10.21 @ 08:48 PM WA-CT-FBCiW-02150.622476-SPS-1-21-213550-SC CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 213550-SC SCHEDULE B (continued) 7. 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 Purpose: Electric transmission and/or distribution line, together with necessary appurtenances Recording Date: December 5, 1974 Recording No: 7412050426 Affects: 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: Water line Recording Date: February 7, 1975 Recording No.: 7502070391 Affects: 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: Water line Recording Date: September 2, 1981 Recording No.: 8109020539 Affects: Portion of said premises Said easement replaces easement recorded under recording number 8103160431. 10. Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey: Recording Date: October 27, 1981 Recording No.: 8110279005 Matters shown: Fence on Northerly and Easterly boundaries do not accurately depict the property lines. 11. Access Easement Agreement Recording Date: October 18, 2011 Recording No.: 20111018000609 12. 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: 2021 Tax Account No.: 302305-9084 Levy Code: 2100 Special Taxes: Billed: $3,538.24 Paid: $1,769.12 Unpaid: $1,769.12 Subdivision Guarantee/Certificate Page 5 Printed: 09.10.21 @ 08:48 PM WA-CT-FBCM-02150.622476-SPS-1-21-213550-SC CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 213550-SC SCHEDULE B (continued) 13. The Land is presently classified as exempt and may be subject to the collection of back taxes for a possible three to ten year period, depending upon the actual use classification of the property during its exempt status. Inquiry should be made to the King County Assessor's Office or the Company for additional information. 14. Liability for Sewer Treatment Capacity Charges, if any, affecting certain areas of King, Pierce and Snohomish Counties. Said charges could apply to property connecting to the metropolitan sewerage facilities or reconnecting or changing its use and/or structure after February 1, 1990. Please contact the King County Wastewater Treatment Division, Capacity Charge Program, for further information at 206-296-1450 or Fax No. 206-263-6823 or email at CapCharqeEscrow(a)kinqcountv.qov. * A map showing sewer service area boundaries and incorporated areas can be found at: http://www.kingcounty.gov/services/gis/Maps/vmc/Utilities.aspx Unrecorded Sewer Capacity Charges are not a lien on title to the Land. NOTE: This exception will not appear in the policy to be issued. 15. 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. 16. Any interest of the person(s) shown below appearing as assessed owner(s) of said Land on the county secured tax rolls: Name(s): BP Property Tax Tax Account No.: Levy Code: 302305-9084-02 2100 END OF SCHEDULE B Subdivision Guarantee/'Certificate Printed: 09.10.21 @ 08:48 PM WA-CT-FBCM-D2150.622476-SPS-1-21-213550-SC Page 6