HomeMy WebLinkAboutL_Weston Heights 3rd Guarantee_170620_v1SUBDIVISION
Guarantee/Certificate Number:
Issued By:
0084778-06
CHICAGO TITLE INSURANCE COMPANY Update 3rd Guarantee
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Taylor Development, Inc.
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
Countersigned By:
Authorized Officer or Agent
Subdivision Guarantee/Certificate
Chicago Title Insurance Company
By:
President
Attest:
S1hLL
Secretary
Printed: 06.19.17 @ 11:27 AM
Page 1 WA-CT-FNSE-02150.622476-SPS-1-17-0084778-06
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO. 0084778-06
UPDATE 3rd Guarantee
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: June 14, 2017 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:
Weston Heights, LLC, a Washington Limited Liability Company
subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their
priority.
END OF SCHEDULE A
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EXHIBIT "A"
Legal Description
PARCEL A:
LOT A OF KING COUNTY SHORT PLAT NO. 175040, RECORDED UNDER RECORDING NUMBER 7503280518, IN
KING COUNTY, WASHINGTON;
EXCEPT THE NORTH 100 FEET OF THE WEST 267.96 FEET THEREOF.
PARCEL B:
THE NORTH 100 FEET OF THE WEST 267.96 FEET OF LOT A OF KING COUNTY SHORT PLAT NO. 175040,
RECORDED UNDER RECORDING NUMBER 7503280518, IN KING COUNTY, WASHINGTON.
PARCELS A AND B BEING TOGETHER WITH A NON-EXCLUSIVE EASEMENT FOR INGRESS, EGRESS, ACCESS,
UTILITIES AND LANDSCAPING RECORDED UNDER RECORDING NUMBER 20170206000071, IN KING COUNTY,
WASHINGTON.
Subdivision Guarantee/Certificate Printed: 06.19.17 @ 11:27 AM
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CHICAGO TITLE INSURANCE COMPANY
4
SCHEDULE B
GENERAL EXCEPTIONS:
GUARANTEE/CERTIFICATE NO. 0084778-06
UPDATE 3rd Guarantee
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
SPECIAL EXCEPTIONS:
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Puget Sound Energy, Inc., a Washington Corporation
Purpose: Transmission, distribution and sale of electricity
Recording Date: January 29, 2009
Recording No.: 20090129000824
Affects: The west 10 feet of Parcel B
Covenant to bear part or all of the cost of construction, repair or maintenance of easement granted over adjacent
property:
Purpose of Easement: ingress, egress, access, utilities and landscaping
Recording No.: 20170206000071
Said instrument amends, restates, replaces and supersedes the instrument recorded under recording number
20160609000298.
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to:
Puget Sound Energy, Inc.
Purpose:
Utility systems
Recording Date:
June 9, 2016
Recording No.:
20160609001569
Affects:
As constructed
Reservations contained in Deed:
Recording No.: 5513395
As follows: Except all coal and mineral rights
Seller's Notice, of On -Site Sewage System Operation and Maintenance Requirements, including the terms and
conditions thereof:
Recording Date: September 13, 2001
Recording No.: 20010913000990
Affects: Parcel B
Subdivision Guarantee/Certificate Printed: 06.19.17 @ 11:27 AM
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CHICAGO TITLE INSURANCE COMPANY
SCHEDULE B
(continued)
GUARANTEE/CERTIFICATE NO. 0084778-06
UPDATE 3rd Guarantee
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:
2017
Tax Account Number:
112305-9010-04
Levy Code:
2133
Assessed Value -Land:
$345,000.00
Assessed Value -Improvements:
$87,000.00
General and Special Taxes:
Billed: $5,053.64
Recording No.:
Paid: $2,526.82
Unpaid: $2,526.82
Affects: Parcel A
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: 2017
Tax Account Number: 112305-9092-05
Levy Code: 2133
Assessed Value -Land: $168,000.00
Assessed Value -Improvements: $209,000.00
General and Special Taxes: Billed: $4,392.05
Paid: $2,196.03
Unpaid: $2,196.02
Affects: Parcel B
A deed of trust to secure an indebtedness in the amount shown below,
Amount:
$3,000,000.00
Dated:
April 27, 2015
Trustor/Grantor:
Weston Heights, LLC, a Washington Limited Liability Company
Trustee:
Chicago Tithe Insurance Company, a corporation
Beneficiary:
Paul J. Taylor and Karen M. Taylor, husband and wife
Recording Date:
April 27, 2015
Recording No.:
20150427000869
Unrecorded Developer Extension Agreement between PROSPECT DEVELOPMENT, LLC and KING COUNTY
WATER DISTRICT NO. 90, as disclosed by Assignment of Developer Extension Agreement, dated February 1,
2016 and recorded under recording no. 20160223001299, with WESTON HEIGHTS, LLC as the assignee thereof.
END OF SCHEDULE B
Subdivision Guarantee/Certificate Printed: 06.19.17 @ 11:27 AM
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