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Home My WebLink About03-70047226SUBDIVISION Guarantee/Certificate Number: Issued By: CHICAGO TITLE INSURANCE COMPANY by its agent:70047226 Subdivision Guarantee/Certificate Printed: 05.04.16 @ 08:44 AM Page 1 WA-TT-FNWT-02840.660014-SPS-1-16-70047226 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. Ticor Title Company 701 5th Ave., Ste. 2560 Seattle, WA 98104 Chicago Title Insurance Company By: Countersigned By: Authorized Officer or Agent President Attest: Secretary CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047226 ISSUING OFFICE: Title Officer: David Watson Ticor Title Company 701 5th Ave., Ste. 2560 Seattle, WA 98104 Phone: 206-393-9816 Fax: 877-521-9938 Main Phone: (206)393-9810 Email: David.Watson@ticortitle.com SCHEDULE A Subdivision Guarantee/Certificate Printed: 05.04.16 @ 08:45 AM Page 2 WA-TT-FNWT-02840.660014-SPS-1-16-70047226 Liability Premium Tax $1,000.00 $350.00 $33.60 Effective Date: April 27, 2016 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: The Carney Investment Group L.P. 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: 05.04.16 @ 08:45 AM Page 3 WA-TT-FNWT-02840.660014-SPS-1-16-70047226 That portion of the northwest quarter of the southeast quarter of Section 18, Township 23 North, Range 5 East, W.M., in King County, Washington, described as follows: Beginning at a point on the easterly margin of State Highway No. 5, 129.5 feet south of the southerly line of Cedar River Pipe Line, said point being 2721.62 feet east and 16.8 feet north of the westerly quarter corner of said Section; Thence South 88°17'25" East 225.16 feet; Thence South 03°57'35" West 124.49 feet; Thence North 88°17'25" West 223.76 feet to the easterly margin of State Highway No. 5; Thence northeasterly along said margin to the point of beginning; (Also known as Lot 1, City of Renton Lot Line Adjustment No. 10-82, recorded under Recording Number 8211239011). Situate in the County of King, State of Washington. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047226 SCHEDULE B Subdivision Guarantee/Certificate Printed: 05.04.16 @ 08:45 AM Page 4 WA-TT-FNWT-02840.660014-SPS-1-16-70047226 SPECIAL EXCEPTIONS 1.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document: In favor of: City of Renton Purpose: Storm drain and sanitary sewer Recording Date: November 28, 1962 Recording No.: 5512374 Affects: As described therein 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: 7903229005 3.Release of Damages Agreement and the terms and conditions thereof: Recording Date: July 30, 1979 Recording No.: 7907300807 4.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, dedications, building setback lines, notes and statements, 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 Lot Line Adjustment: Recording No: 8211239011 5.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document: In favor of: City of Renton Purpose: Fire hydrant Recording Date: December 9, 1982 Recording No.: 8212090483 Affects: As described therein 6.Option to Enter into Easement Agreements and the terms and conditions thereof: Recording Date: December 22, 1998 Recording No.: 9812222256 7.Sign Easement and the terms and conditions thereof: Recording Date: December 22, 1998 Recording No.: 9812222257 8.Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047226 SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 05.04.16 @ 08:45 AM Page 5 WA-TT-FNWT-02840.660014-SPS-1-16-70047226 9.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: 2016 Tax Account No.: 182305-9087-05 Levy Code: 2100 Assessed Value-Land: $698,500.00 Assessed Value-Improvements: $220,600.00 General and Special Taxes: Billed: $12,162.90 Paid: $6,081.45 Unpaid: $6,081.45 10.An unrecorded lease with certain terms, covenants, conditions and provisions set forth therein as disclosed by the document Entitled: Memorandum of Lease Lessor: Hugh Carney and Marion Carney, husband and wife Lessee: Seatawa Foods, Inc. Recording Date: December 27, 1985 Recording No.: 8512270882 Assignment of the Lessee's interest under said lease, Assignee: Wendco Northwest Limited Partnership, a Washington limited partnership Recording Date: December 27, 1985 Recording No.: 8512270885 Lessor's Consent to Assignment of Lease recorded under Recording Number 8512270883. 11.A deed of trust to secure an indebtedness in the amount shown below, Amount: Refer to said instrument for particulars Dated: October 7, 2013 Trustor/Grantor: SeaWend, Ltd., dba SeaWend Ltd., L.L.C., an Ohio limited liability company Trustee: Fidelity National Title Company of Washington Beneficiary: The Huntington National Bank Recording Date: October 28, 2013 Recording No.: 20131028001212 Affects: Leasehold interest and other property An agreement to modify the terms and provisions of said deed of trust as therein provided Recording Date: April 21, 2015 Recording No.: 20150421000487 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.70047226 SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 05.04.16 @ 08:45 AM Page 6 WA-TT-FNWT-02840.660014-SPS-1-16-70047226 12.An unrecorded sublease with certain terms, covenants, conditions and provisions set forth therein as disclosed by the document Entitled: Memorandum of Sublease Sublessor: Wendy's International, Inc., an Ohio corporation, successor by merger to Wendco Northwest Limited Partnership Sublessee: SeaWend, Ltd., dba SeaWend, Ltd., L.L.C., an Ohio limited liability company Recording Date: October 28, 2013 Recording No. 20131028001213 13.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. END OF EXCEPTIONS Note 1: The Public Records indicate that the address of the improvement located on said Land is as follows: 230 Rainier Avenue South Renton, WA 98055 Note 2: Examination of the Public Records discloses no judgments or other matters pending against the name of the vested owner. END OF SCHEDULE B