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HomeMy WebLinkAbout17_L_Title_Report_SapphirehomesSUBDIVISION Guarantee/Certificate Number: Issued By: 0109984-etu - THIRD Subdivision Guarantee/Certificate Printed: 02.15.18 @ 11:21 AM Page 1 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Callidus 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 10500 NE 8th St., Suite 600 Bellevue, WA 98004 Chicago Title Insurance Company By: Countersigned By: Authorized Officer or Agent President Attest: Secretary Subdivision Guarantee/Certificate Printed: 02.15.18 @ 11:21 AM Page 2 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0109984-etu - THIRD ISSUING OFFICE: Title Officer: Eastside Title Unit Chicago Title Company of Washington 10500 NE 8th St., Suite 600 Bellevue, WA 98004 Main Phone: (425)646-9883 Email: CTIBellevueETU@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $35.00 Effective Date: February 12, 2018 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: Sapphire Homes, Inc. 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: 02.15.18 @ 11:21 AM Page 3 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU THE WEST HALF OF LOT 5, BLOCK 4, AKER'S FARMS NO. 6, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 42 OF PLATS, PAGE 15, IN KING COUNTY, WASHINGTON. SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0109984-etu - THIRD SCHEDULE B Subdivision Guarantee/Certificate Printed: 02.15.18 @ 11:21 AM Page 4 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU GENERAL EXCEPTIONS: H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. SPECIAL EXCEPTIONS: 1.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 the Plat of Aker's Farms No. 6: Recorded: August 26, 1946 Recording No.: 3601311 2.Easement and the terms and conditions thereof: In favor of: United States of America Purpose: Bonneville Transmission Line Recorded: July 10, 1941 Recording No.: 3178821 3.Easement and the terms and conditions thereof: In favor of: United States of America Purpose: Roads Recorded: December 10, 1941 Recording No.: 3209268 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0109984-etu - THIRD SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 02.15.18 @ 11:21 AM Page 5 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU 4.Easement and the terms and conditions thereof: In favor of: United States of America Purpose: Erect, maintain, repair, rebuild, operate and patrol one or more power transmission lines, and one or more telephone and/or telegraph lines, including the right to erect such pole and other transmission line structures, wires, cables, and the appurtenances necessary; the right to clear of brush, timber, inflammable structures and fire hazards; the right to remove danger trees if located beyond the limitation of the right of way Recorded: August 26, 1942 Recording No.: 3260792 Quit Claim Deed Grantor: United States of America Grantee: Puget Sound & Light Company, a Washington corporation Recorded: May 18, 1971 Recording No.: 7105180453 5.Easement and the terms and conditions thereof: In favor of: Puget Sound & Light Company, a Massachusetts corporation Purpose: Construct, operate, maintain, repair, replace and enlarge underground electric transmission and/or distribution system upon and under the Right-of-Way together with all necessary or convenient appurtenances therefor, which may include but are not limited to the following: underground conduits, cables, communication lines, vaults, manholes, switches and transformers and semi-buried or ground mounted facilities; and the right to make repairs and to cut brush and trees which constitute a menace or danger to the electric transmission line Recorded: February 28, 1945 Recording No.: 3451222 6.Easement and the terms and conditions thereof: In favor of: Puget Sound & Light Company, a Massachusetts corporation Purpose: Construct, operate, maintain, repair, replace and enlarge underground electric transmission and/or distribution system upon and under the Right-of-Way together with all necessary or convenient appurtenances therefor, which may include but are not limited to the following: underground conduits, cables, communication lines, vaults, manholes, switches and transformers and semi-buried or ground mounted facilities; and the right to make repairs and to cut brush and trees which constitute a menace or danger to the electric transmission line Recorded: March 22, 1945 Recording No.: 3457064 7.Roadway and Utilities Easement and the terms and conditions thereof: In favor of: City of Renton, a municipal corporation of King County, Washington Purpose: Public utilities (including water and sewer) with necessary appurtenances Recorded: November 1, 1983 Recording No.: 8311010612 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0109984-etu - THIRD SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 02.15.18 @ 11:21 AM Page 6 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU 8.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: Puget Sound Energy, Inc. Purpose: transmission, distribution, and sale of electricity Recording Date: December 27, 2017 Recording No.: 20171227000122 9.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: Puget Sound Energy, Inc. Purpose: transmission, distribution and sale of gas Recording Date: February 8, 2018 Recording No.: 20180208000419 10.Notice and the terms and conditions thereof: In favor of: Soos Creek Water and Sewer District Recorded: November 4, 1988 Recording No.: 8811040726 11.Any rights, interest, or claims which may exist or arise by reason of the following matters as disclosed by Survey: Recorded: September 20, 2006 Recording No.: 2006092900007 12.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: 2018 Tax Account No.: 008800-0260-00 Levy Code: 2128 Assessed Value-Land: $195,000.00 Assessed Value-Improvements: $78,000.00 General and Special Taxes: Billed: $3,667.33 Paid: $0.00 Unpaid: $3,667.33 13.The search did not disclose any open mortgages or deeds of trust of record, therefore the Company reserves the right to require further evidence to confirm that the property is unencumbered, and further reserves the right to make additional requirements or add additional items or exceptions upon receipt of the requested evidence. END OF EXCEPTIONS CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0109984-etu - THIRD SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 02.15.18 @ 11:21 AM Page 7 WA-CT-FNSE-02150.622475-SPS-1-18-0109984-ETU 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: PTN. LT. 5, BLK. 4, AKER'S FARMS NO. 6, VOL. 42 PG. 15 Tax Account No.: 008800-0260-00 Note B:Note: The Public Records indicate that the address of the improvement located on said Land is as follows: 11427 SE 162nd St Renton, WA 98055 END OF NOTES END OF SCHEDULE B