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HomeMy WebLinkAboutL_Updated Title Report 715 Lind_220317_V2SUBDIVISION Guarantee/Certificate Number: Issued By: 21000749-SC Subdivision Guarantee/Certificate Printed: 11.22.21 @ 07:25 PM Page 1 WA-FT-FBCM-01530.610120-SPS-1-21-21000749-SC FIDELITY NATIONAL TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Advocates Law Group PLLC 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. Fidelity National Title Company of Washington, Inc. 600 University Street, Suite 2424 Seattle, WA 98101 Fidelity National Title Insurance Company By: Countersigned By: John Jones Authorized Officer or Agent Randy Quirk, President Attest: Marjorie Nemzura, Secretary Subdivision Guarantee/Certificate Printed: 11.22.21 @ 07:25 PM Page 2 WA-FT-FBCM-01530.610120-SPS-1-21-21000749-SC FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.21000749-SC ISSUING OFFICE: Title Officer: Marc Wise Fidelity National Title Company of Washington, Inc. 600 University Street, Suite 2424 Seattle, WA 98101 Phone: 2062626291 Fax: 206-262-6292 Main Phone: (206)628-2822 Email: Marc.Wise@fnf.com SCHEDULE A Liability Premium Tax $1,000.00 $500.00 $51.25 Effective Date: November 19, 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 described property: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF Title to said real property is vested in: The Thornberg Association, L.L.C., a Washington limited liability company as to a portion of Parcel A; and Lift II Lind 865 LLC, a Delaware limited liability company, as to Parcel A and a portion of Parcel B; 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: 11.22.21 @ 07:25 PM Page 3 WA-FT-FBCM-01530.610120-SPS-1-21-21000749-SC Parcel A: That portion of the Northwest quarter of the Northwest quarter of Section 19, Township 23 North, Range 5 East, W.M. in King County, Washington, described as follows: Beginning at the Northwest corner of said Section 19; Thence South 89°10'25" East 762.32 feet; Thence South 01°13'10" West 510.0 feet to the true point of beginning; Thence South 01°13'10" West 280.0 feet; Thence South 89°10'25" East 256 feet; Thence North 01°13'10" East 280.0 feet; Thence North 89°10'25" West 256.0 feet to the true point of beginning; Except the South 20 feet of the West 160 feet thereof. Parcel B: Portion of the Northwest Quarter of the Northwest Quarter of Section 19, Township 23 North, Range 5 East W.M., in King County, Washington, described as follows: Beginning at the Northwest comer of said Section 19; Thence South 89°10'25" East 762.32 feet; Thence South 1°13'10" West 790 feet to the true point of beginning; Thence continuing South 1°13'10" West 110 feet; Thence South 89°10'25" East 256 feet; Thence North 1°13' 10" East 110 feet; Thence North 89°10'25" West 256 feet to the true point of beginning; Together with the South 20 feet of the West 160 feet of that portion of the Northwest Quarter of the Northwest Quarter of Section 19, Township 23 North, Range 5 East W.M., in King County, Washington, described as follows: Beginning at the Northwest comer of said Section 19; Thence South 89°10'25" East 762.32 feet; Thence South 1°13'10" West 510 feet to the true point of beginning; Thence South 1°13'I0" West 280 feet; Thence South 89°10'25" East 256 feet; Thence North 1°13'10" East 280 feet; Thence North 89°10'25" West 256 feet to the true point of beginning. FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.21000749-SC SCHEDULE B Subdivision Guarantee/Certificate Printed: 11.22.21 @ 07:25 PM Page 4 WA-FT-FBCM-01530.610120-SPS-1-21-21000749-SC 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: Pacific Coast R. R. Co. Recording Date: December 19, 1967 Recording No.: 6280592 2.Intentionally Deleted 3.Permit No. 88-10-3491 Recording Date: January 23, 1990 Recording No.: 9001230637 Regarding: Abandonment of underground storage tank Said permit also recorded under recording number 9001310925. 4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: City of Renton Purpose: Public utilities Recording Date: October 9, 1995 Recording No.: 9510090434 Affects: Portion of Parcel B 5.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: 2021 Tax Account No.: 192305-9061-04 Levy Code: 2100 Assessed Value-Land: $1,335,300.00 Assessed Value-Improvements: $3,751,300.00 General and Special Taxes: Billed: $64,881.64 Paid: $64,881.64 Unpaid: $0.00 Affects: Parcel A FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.21000749-SC SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 11.22.21 @ 07:25 PM Page 5 WA-FT-FBCM-01530.610120-SPS-1-21-21000749-SC 6.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: 2021 Tax Account No.: 192305-9030-02 Levy Code: 2100 Assessed Value-Land: $611,500.00 Assessed Value-Improvements: $1,707,300.00 General and Special Taxes: Billed: $28,501.53 Paid: $28,501.53 Unpaid: $0.00 Affects: Parcel B 7.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 CapChargeEscrow@kingcounty.gov. * 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. 8.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. 9.A deed of trust to secure an indebtedness in the amount shown below Amount: $2,961,938.60 Dated: September 22, 2021 Trustor/Grantor: Lift II Lind 865 LLC Trustee: Fidelity National Title Company of Washington, Inc. Beneficiary: CRED REIT Holdco LLC Recording Date: September 23, 2021 Recording No.: 20210923001140 Affects: Parcel B 10.A financing statement as follows: Debtor: Lift II Lind 865 LLC Secured Party: CRED REIT Holdco LLC Recording Date: September 23, 2021 Recording No.: 20210923001141 Affects: Parcel B END OF SCHEDULE B