Loading...
HomeMy WebLinkAboutL_Subdivision_Guarantee_091016.pdfCi i M.VP LwAyqrs Title INSURANCE CORPORATION John L. Scott 4735 NE 4th Street Renton, WA 98059 REFERENCE NO: / Order No.: 30025180 Liability: Charge: Tax: Total: UPDATED** SUBDIVISION GUARANTEE COY S'0r) 10,000.00 300.00 28.50 328.50 Subject to the Exclusions from Coverage, the limits of liability and other provisions of the Conditions and Stipulations hereto annexed and made a part of this Guarantee, and subject to the further exclusion and limitation that 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. Lawyers Title Insurance Corporation a corporation herein called the Company, GUARANTEES the Assured named in Schedule A against actual monetary loss or damage not exceeding the liability amount stated herein which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. Dated: October 9, 2009 Subdivision Guarantee Page 1 of 5 GNT004 Order No.: 30025180 SCHEDULE A 1. Name of Assured: John L. Scott 2. Date of Guarantee: October 9, 2009 3. The assurances referred to on the face page hereof are: a. That according to those public records which, under the recording laws, impart constructive notice of matters affecting title to the following described land: See Exhibit A attached hereto. Title to the estate or interest in the land is vested in: Robert D. Wilson and Doravin A. Wilson, husband and wife C. The estate or interest in the land which is covered by this Guarantee is: A fee simple estate Subject to the Exceptions shown below, which are not necessarily shown in order of their priority. EXCEPTIONS: A) UNPATENTED MINING CLAIMS; (B) RESERVATIONS OR EXCEPTIONS IN PATENTS OR IN ACTS AUTHORIZING THE ISSUANCE THEREOF; (C) INDIAN TREATY OR ABORIGINAL RIGHTS, INCLUDING, BUT NOT LIMITED TO, EASEMENTS OR EQUITABLE SERVITUDES; OR, (D) WATER RIGHTS, CLAIMS OR TITLE TO WATER, WHETHER OR NOT THE MATTERS EXCEPTED UNDER (A), (B), (C) OR (D) ARE SHOWN BY THE PUBLIC RECORDS. 2. GENERAL PROPERTY TAXES AND SERVICE CHARGES, AS FOLLOWS, TOGETHER WITH INTEREST, PENALTY AND STATUTORY FORECLOSURE COSTS, IF ANY, AFTER DELINQUENCY: 1ST HALF DELINQUENT ON MAY 1; 2ND HALF DELINQUENT ON NOVEMBER 1) TAX ACCOUNT NO.: 3123059125 YEAR BILLED PAID BALANCE 2009 $5,805.80 $2,902.90 $2,902.90 TOTAL AMOUNT DUE, NOT INCLUDING INTEREST AND PENALTY: $2,902.90. LEVY CODE: 2132 ASSESSED VALUE LAND: $280,000.00 ASSESSED VALUE IMPROVEMENTS: $302,000.00 EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PUGET SOUND POWER & LIGHT PURPOSE: UNDERGROUND ELECTRIC TRANSMISSION AND/OR DISTRIBUTION SYSTEM AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: MAY 26, 1955 RECORDING NO.: 4577286 4. COVENANT TO BEAR EQUAL SHARE IN THE COST OF CONSTRUCTION OR REPAIR OF INGRESS, EGRESS AND UTILITY, EASEMENT FOR WHICH WAS GRANTED OVER ADJACENT PROPERTY BY INSTRUMENT RECORDED UNDER RECORDING NO. 7510220588. Subdivision Guarantee Page 2 of 5 G NT004 OrderNo30025180 5. COVENANTS, CONDITIONS AND RESTRICTIONS IMPOSED BY INSTRUMENT RECORDED ON MARCH 17, 1976, UNDER RECORDING NO. 7603170525. THIS POLICY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHEDULE A IS BENEFITED BY EASEMENTS, COVENANTS OR OTHER APPURTENANCES SET FORTH IN SAID INSTRUMENT TO BENEFIT OR BURDEN REAL PROPERTY OUTSIDE THE BOUNDARIES OF SAID LAND. 6. AGREEMENT AND COVENANT RELATING TO WATER DISTRICT CONNECTION CHARGE AND THE TERMS AND CONDITIONS THEREOF: RECORDED: JULY 9, 1976 RECORDING NO.: 7607090621 7. NON -PROTEST AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: RECORDED: JULY 9, 1976 RECORDING NO.: 7607090822 REGARDING: PERMIT FOR TEMPORARY WATER LINE SERVICE, NOT TO PROTEST THE CONSTRUCTION OF A PERMANENT WATER MAIN 8. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PUGET SOUND POWER & LIGHT COMPANY PURPOSE: UNDERGROUND ELECTRIC TRANSMISSION AND/OR DISTRIBUTION SYSTEM AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: JULY 16, 1976 RECORDING NO.: 7607160539 9. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: ROBERT D. WILSON AND DORAVIN A. WILSON, HUSBAND AND WIFE PURPOSE: ROAD AND UTILITY EASEMENT AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: March , 27, 2008 RECORDING NO.: 20080327002018 10. MATTERS SET FORTH BY SURVEY: RECORDED: MAY 3, 2006 RECORDING NO.: 20060503900008 11. MATTERS SET FORTH BY SURVEY: RECORDED: OCTOBER 6, 2009 RECORDING NO.: 20091006900010 12. DEED OF TRUST AND THE TERMS AND CONDITIONS THEREOF: GRANTOR: ROBERT D. WILSON AND DORAVIN A. WILSON, HUSBAND AND WIFE TRUSTEE: COMMONWEALTH LAND TITLE INSURANCE COMPANY BENEFICIARY: ERIK DORMAIER, A SINGLE PERSON AND JOHN JOHNSON, A MARRIED MAN AS HIS SEPARATE ESTATE ORIGINAL AMOUNT: 40,000.00 DATED: MARCH 24, 2008 RECORDED: MARCH 27, 2008 RECORDING NO.: 20080327002019 Subdivision Guarantee Page 3 of 5 G NT004 OrderNo30025180 13. MATTERS OF RECORD AGAINST THE VESTED PARTY, OR PERSONS WITH SIMILAR NAMES. THE VESTED PARTY IS ROBERT D. WILSON. NUMEROUS MATTERS OF RECORD ARE FOUND AGAINST PERSONS WITH SIMILAR NAMES. THE EFFECTS OF THESE MATTERS, IF ANY, ON THE SUBJECT PROPERTY CANNOT BE DETERMINED WITHOUT FURTHER INFORMATION. TO DETERMINE THE EFFECTS OF THESE MATTERS, IF ANY, ON THE SUBJECT PROPERTY, THE VESTED PARTY MUST PROVIDE THE COMPANY WITH A PROPERLY COMPLETED IDENTITY AFFIDAVIT PRIOR TO THE DATE OF RECORDING. AFTER THE COMPANY EXAMINES THE AFFIDAVIT, A SUPPLEMENTAL REPORT WILL BE ISSUED. NOTE 1: BASED ON INFORMATION PROVIDED TO THE COMPANY, ON THE DATE OF THIS COMMITMENT IT APPEARS THAT THERE IS LOCATED ON THE LAND: A Single Family Residence KNOWN AS: 720 S 55th Street Renton, WA 98055 NOTE 2: WHEN SENDING DOCUMENTS FOR RECORDING, VIA U.S. MAIL OR SPECIAL COURIER SERVICE, PLEASE SEND TO THE FOLLOWING ADDRESS, UNLESS SPECIFIC ARRANGEMENTS HAVE BEEN MADE WITH YOUR TITLE UNIT: NORTHPOINT ESCROW AND TITLE, LLC 155 NE 100TH STREET SUITE 200 SEATTLE, WA 98125 ATTN: RECORDING DEPT. Enclosures: Sketch Vesting Deed Paragraphs Monetary Encumbrances Identity Affidavit Subdivision Guarantee Page 4 of 5 G NT004 Order No,: 30025180 EXHIBIT "A" PARCEL 3 OF SHORT PLAT NO. 6742171 AS RECORDED UNDER RECORDING NO. 7663170525, RECORDS OF KING COUNTY AUDITOR; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE I. Except to the extent that specific assurances are provided In Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: a) Defects, liens, encumbrances, adverse claims or other matters against the title, whether or not shown by the public records b) (1) Taxes or assessments of any taxing authority that levies taxes or assessments on real property: or, (2) Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not the matters excluded under (1 ) or (2) are shown by the records of the taxing authority or by the public records. c) (1) Unpatented mining claims, (2) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (3) water rights, claims or title to water, whether or not the matters excluded under (1), (2) or (3) are shown by the public records. i. Notwithstanding any specific assurances which are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: a) Defects, liens, encumbrances, adverse claims or other matters affecting the title to any property beyond the lines of the land expressly described in the description set forth in Schedule (A), tCI or in Part 2 of this Guarantee. or title to streets, roads, avenues, lanes, ways or waterways to which such land abuts, or the right to maintain therein vaults, tunnels, ramps or any structure or improvements, or any rights or easements therein, unless such property, rights or easements are expressly and specifically set forth in said description. b) Defects, liens, encumbrances, adverse claims or other matters, whether or not shown by the public records, (1) which are creased, suffered, assumed or agreed to by one or more of the Assureds; (2) which result in no loss to the Assured. or 3) which do not result in the invalidity or potential invalidity of any ,fudidal or non -judicial proceeding which is within the scope and purpose of the assurances provided. c) The identity of any party shown or referred to in Schedule A. d) The validity, legal effect or priority of any matter shown or referred to in this Guarantee GUARANTEE CONDITIONS AND STIPULATIONS 1. Definition of Terms. The following terms when used in the Guarantee mean: a) the "Assured": the party or parties named as the Assured in this Guarantee, or on a supplemental venting executed by the Company, it)) "land": the land described or referred to in Schedule (A). (C) or in Part 2, and improvements affixed thereto which by law constitute real property. The term land" does not include any property beyond the lines of the area described or referred to in Schedule (A), (C) or in Part 2 nor any right, title, interest, estate or easement in abutting streets, roadsavenues, alleys, lanes, ways or waterways c) "mortgagemortgage, deed of trust, trust deedor other security instrument, dj "public records". records established under state statutes at Dale of Guarantee far the purpose of imparting constructive nonce of matters relating to real property to purchasers for value and without knowledge. e) "date" the effective date, 2. Notice of Claim to be Given by Assured Claimant. An Assured shall notify the Company promptly in writing in case knowledge shall come to an Assured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as stated herein, and which might cause loss or damage for which the Company may be liable by virtue of this Guarantee. If prompt notice shall not be given to the Company, then all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no rase prejudice the rights of any Assured under this Guarantee unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice 3. No Duty to Defend or Prosecute. The Company shall have no duty to defend or prosecute any action or proceeding to which the Assured is a party, notwithstanding the nature of any allegation in such action or proceeding. 4. Company's Option to Defend or Prosecute Actions; Duty of Assured Claimant to Cooperate. Even though the Company has no duty to defend or prosecute as set forth in Paragraph 3 above. a) The Company shall have the right, at its sole option and cast, to institute and prosecute any action or proceeding, interpose a defense, as limited in (b), or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured, or to prevent or reduce loss or damage to the Assured. The Company may take any appropriate action under the terms of this Guarantee, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this Guarantee. If the Company shall exercise its rights under this paragraph, it shall do so diligently_ h) If the Company elects to exercise its options as stated in Paragraph 4(a) the Company shall have the right to select counsel of its choice (subject to the right of such Assured to object for reasonable cause) to represent the Assured and shall not be liable for and will not pay the fees of any other counsel, nor will the Company pay any fees, costs or expenses incurred by an Assured in the defense of those causes of action which allege matters not covered by this Guarantee. c) Whenever the Company shall have brought an action or interposed a defense as permitted by the provisions of this Guarantee, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from an adverse judgment or order. d) in all cases where this Guarantee permits the Company to prosecute or provide for the defense of any action or proceeding, an Assured shall secure to the Company the right to se prosecute or provide for the defense of any action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such Assured for this purpose. Whenever requested by the Company, an Assured, at the Company's expense, shall give the Company all reasonable aid in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or lawful act which in the opinion CLTA Guarantee Conditions and Stipulations (Revised 12/15/95) of the Company may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured If the Company is prejudiced by the failure of the Assured to furnish the required cooperation. the Company's obligations to the Assured under the Guarantee shall terminate 5. Proof of Loss or Damage. In addition to and after the notices required under Section 2 of these Conditions and Stipulations have been provided to the Company a proof of loss or damage signed and sworn to by the Assured shall be furnished to the Company within ninety (96) days after the Assured shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the matters covered by this Guarantee which constitute the basis of lass or damage and shalt state, to the extent possible, the basis of calculating the amount of the less or damage. If the Company is prejudiced by the failure of the Assured to provide the required proof of loss or damage. the Company's obligation to such assured under the Guarantee shall terminale. In addition, the Assured may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers checks, correspondence and memoranda. whether bearing a date before or after Date of Guarantee, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Assured shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss or damage. All information designated as confidential by the Assured provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company. it is necessary in the administration of the claim. Failure of the Assured to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in the above paragraph, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this Guarantee to The Assured for that claim. 6. Options to Pay or Otherwise Settle Claims: Termination of Liability. In case of a claim under this Guarantee, the Company shall have the following additional options. a) To Pay or Tender Payment of the Amount of Liability or to Purchase the Indebtedness. The Company shall have the option to pay or settle or compromise for or in the name of the Assured any claim which could result in loss to the Assured within the coverage of this Guarantee, or to pay the full amount of this Guarantee or, if this Guarantee is issued for the benefit of a holder of a mortgage or a lienholder, the Company shall have the option to purchase the indebtedness secured by said mortgage or said lien for the amount owing thereon, together with any costs, reasonable attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of purchase. Such purchase, payment or tender of payment of the full amount of the Guarantee shall terminate all liability of the Company hereunderin the event after notice of claim has been given to the Company by the Assured the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign said indebtedness, together with any collateral security, to the Company upon payment of the purchase price. Upon the exercise by the Company of the option provided for in Paragraph (a) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4, and the Guarantee shall be surrendered to the Company for cancellation. b) To Pay or Othermse Settle With Parties Other Than the Assured or With the Assured Claimant. To pay or otherwise settle with other parties for or in the name of an Assured claimant any claim assured against under this Guarantee, together with any costs, attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of the option provided for in Paragraph (b) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph shall terminateincluding any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4. 7. Determination and Extent of Liability - This Guarantee is a contract of Indemnity against actual monetary loss or damage sustained or incurred by the Assured claimant who has suffered loss or damage by reason of reliance upon the assurances set forth in this Guarantee and only to the extent herein describedand subject to the Exclusions From Coverage of This Guarantee. The liability of the Company under this Guarantee to the Assured shalt not exceed the least of a) the amount of liability stated in Schedule A or in Part 2; b) the amount of the unpaid principal indebtedness secured by the mortgage of an Assured mortgagee, as limited or provided under Section 6 of these Conditions and Stipulations or as reduced under Section 9 of these Conditions and Stipulations, at the time the loss or damage assured against by this Guarantee occurs, together with interest thereon, or c) the difference between the value of the estate or interest covered hereby as stated herein and the value of the estate or interest subject to any defect, lien or encumbrance assured against by this Guarantee. B. Limitation of Liability. a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures any other matter assured against by this Guarantee in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby CONDITIONS AND STIPULATIONS CONTINUED b) In the event of any litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until there has been a Final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the title, as stated herein. c) The Company shall not be liable for loss cr damage to any Assured for liability voluntarily assumed by the Assured in settling any claim or suit without the prior written consent of the Company 9. Reduction of Liability or Termination of Liability. All payments under this Guarantee, except payments made for costs, attorneys' fees and expenses pursuant to Paragraph 4 shall reduce the amount of liability pro tanto. 10. Payment of Loss. a) No payment shall be made without producing this Guarantee for endorsement of the payment unless the Guarantee has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within thirty (30) days thereafter. 11. Subrogation Upon Payment or Settlement. Whenever the Company shall have settled and paid a claim under this Guarantee, all right of subrogation shall vest in the Company unaffected by any act of the Assured claimant The Company shall be subrogated to and be entitled to all rights and remedies which the Assured would have had against any person or property in respect to the claim had this Guarantee net been issued. If requested by the Company, the Assured shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The Assured shall permit the Company to sue, compromise or settle in the name of the Assured and to use the name of the Assured in any transaction or litigation invoiving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the Assured the Company shall be subrogated to all rights and remedies of the Assured after the Assured shall have recovered its principal, interest, and costs of collection. 12. Arbitration. Unless prohibited by applicable law, either the Company or the Assured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the American Arbitration Association. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and tiie Assured arising out of or relating to this Guarantee, any service of the Company in connection with its issuance or the breach of a Guarantee provision or other obligation_ All arbitrable matters when the Amount of Liability is $1.000,000 or less shall be arbitrated at the option of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of 1,000.000 shall be arbitrated only when agreed to by both the Company and the Assured. The Rules in effect at Date of Guarantee shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permits a court to award attorneys' fees to a prevailing party Judgment upon the award rendered by the Arbilrator(s) may be entered in any court having jurisdiction thereof The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request 13. Liability Limited to This Guarantee; Guarantee Entire Contract. a) This Guarantee together with all endorsements. if any, attached hereto by the Company is the entire Guarantee and contract between the Assured and the Company. In interpreting any provision of this Guarantee, this Guarantee shall be construed as a whole,' b) Any claim of loss or damage, whether or not based on negligence,. or any action asserting such claim, shall be restricted to this Guarantee. c) No amendment of or endorsement to this Guarantee can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 14. Notices, Where Sent. All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this Guarantee and shall be addressed to: Consumer Affairs Department, P . Box 27567, Richmond, Virginia 23261-7567. CLTA Guarantee Conditions and Stipulations (Revised 12/15/95) i of -11 John L. Scott 4735 NE 4th Street Renton, WA 98059 REFERENCE NO: / Order No.: 30025180 Liability; $10,000,00 Charge: $300.00 Tax: $28.50 Total: $ 328.50 SUBDIVISION GUARANTEE Subject to the Exclusions from Coverage, the limits of liability and other provisions of the Conditions and Stipulations hereto annexed and made a part of this Guarantee, and subject to the further exclusion and limitation that no guarantee is given nor liability assumed with reEpect 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. Lawyers Title Insurance Corporation a corporation herein called the Company, GUARANTEES the Assured named in Schedule A against actual monetary loss or damage not exceeding the liability amount stated herein which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. Dated: May 7, 2009 Errorl Not a valid filename. Subdivision Guarantee page 1 of 5 GNT004 Order No.: 30025180 SCHEDULE A 1. Name of Assured: John L. Scott 2. Date of Guarantee: May 7, 2009 3. The assurances referred to on the face page hereof are: a. That according to those public records which, underthe recording laws, impart constructive notice of matters affecting title to the following described land: See Exhibit A attached hereto. Title to the estate or interest in the land is vested in: Robert D. Wilson and Doravin A. Wilson, husband and wife The estate or interest in the land which is covered by this Guarantee is: A fee simple estate Subject to the Exceptions shown below, which are not necessarily shown in order of their priority. EXCEPTIONS: A) UNPATENTED MINING CLAIMS; (B) RESERVATIONS OR EXCEPTIONS IN PATENTS OR IN ACTS AUTHORIZING THE ISSUANCE THEREOF; (C) INDIAN TREATY OR ABORIGINAL RIGHTS, INCLUDING, BUT NOT LIMITED TO, EASEMENTS OR EQUITABLE SERVITUDES; OR, (D) WATER RIGHTS, CLAIMS OR TITLE TO WATER, WHETHER OR NOT THE MATTERS EXCEPTED UNDER (A), (i3), (C) OR (D) ARE SHOWN BY THE PUBLIC RECORDS. 2. GENERAL PROPERTY TAXES AND SERVICE CHARGES, AS FOLLOWS, TOGETHER WITH INTEREST, PENALTY AND STATUTORY FORECLOSURE COSTS, IF ANY, AFTER DELINQUENCY: 1ST HALF DELINQUENT ON MAY 1; 2ND HALF DELINQUENT ON NOVEMBER 1) TAX ACCOUNT NO.: 3123059125 YEAR BILLED PAID BALANCE 2009 $5,805.80 $2,902.90 $2,902.90 TOTAL AMOUNT DUE, NOT INCLUDING INTEREST AND PENALTY: $2,902.90, LEVY CODE: 2132 ASSESSED VALUE LAND: $280,000.00 ASSESSED VALUE IMPROVEMENTS: $302,000.00 3. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PUGET SOUND POWER & LIGHT PURPOSE: UNDERGROUND ELECTRIC TRANSMISSION AND/OR DISTRIBUTION SYSTEM AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: MAY 26, 1955 RECORDING NO.: 4577286 4. COVENANT TO BEAR EQUAL SHARE IN THE COST OF CONSTRUCTION OR REPAIR OF INGRESS, EGRESS AND UTILITY, EASEMENT FOR WHICH WAS GRANTED OVER ADJACENT PROPERTY BY INSTRUMENT RECORDED UNDER RECORDING NO. 7510220588. Subdivision Guarantee Page 2 of 5 GNT004 OrderNo30025180 5. COVENANTS, CONDITIONS AND RESTRICTIONS IMPOSED BY INSTRUMENT RECORDED ON MARCH 17, 1976, UNDER RECORDING NO. 7603170525. THIS POLICY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHEDULE A IS BENEFITED BY EASEMENTS, COVENANTS OR OTHER APPURTENANCES SET FORTH IN SAID INSTRUMENT TO BENEFIT OR BURDEN REAL PROPERTY OUTSIDE THE BOUNDARIES OF SAID LAND. 6. AGREEMENT AND COVENANT RELATING TO WATER DISTRICT CONNECTION CHARGE AND THE TERMS AND CONDITIONS THEREOF: RECORDED: JULY 9, 1976 RECORDING NO.: 7607090821 7. NON -PROTEST AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: RECORDED: JULY 9, 1976 RECORDING NO.: 7607090822 REGARDING: PERMIT FOR TEMPORARY WATER LINE SERVICE, NOT TO PROTEST THE CONSTRUCTION OF A PERMANENT WATER MAIN 8. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PUGET SOUND POWER & LIGHT COMPANY PURPOSE: UNDERGROUND ELECTRIC TRANSMISSION AND/OR DISTRIBUTION SYSTEM AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: JULY 16, 1976 RECORDING NO.: 7607160539 9. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: ROBERT D. WILSON AND DORAVIN A. WILSON, HUSBAND AND WIFE PURPOSE: ROAD AND UTILITY EASEMENT AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: March , 27, 2008 RECORDING NO.: 20080327002018 10. MATTERS SET FORTH BY SURVEY: RECORDED: MAY 3, 2006 RECORDING NO.: 20060503900008 11. DEED OF TRUST AND THE TERMS AND CONDITIONS THEREOF: GRANTOR: ROBERT D, WILSON AND DORAVIN A. WILSON, HUSBAND AND WIFE TRUSTEE: COMMONWEALTH LAND TITLE INSURANCE COMPANY BENEFICIARY: ERIK DORMAIER, A SINGLE PERSON AND JOHN JOHNSON, A MARRIED MAN AS HIS SEPARATE ESTATE ORIGINAL AMOUNT: $40,000.00 DATED: MARCH 24, 2008 RECORDED: MARCH 27, 2008 RECORDING NO.: 20080327002019 Subdivision Guarantee Page 3 of 5 GNT004 Order No30025180 1.2. MATTERS OF RECORD AGAINST THE VESTED PARTY, OR PERSONS WITH SIMILAR NAMES. THE VESTED PARTY IS ROBERT D. WILSON. NUMEROUS MATTERS OF RECORD ARE FOUND AGAINST PERSONS WITH SIMILAR NAMES. THE EFFECTS OF THESE MATTERS, IF ANY, ON THE SUBJECT PROPERTY CANNOT BE DETERMINED WITHOUT FURTHER INFORMATION. TO DETERMINE THE EFFECTS OF THESE MATTERS, IF ANY, ON THE SUBJECT PROPERTY, THE VESTED PARTY MUST PROVIDE THE COMPANY WITH A PROPERLY COMPLETED IDENTITY AFFIDAVIT PRIOR TO THE DATE OF RECORDING. AFTER THE COMPANY EXAMINES THE AFFIDAVIT, A SUPPLEMENTAL REPORT WILL BE ISSUED. NOTE 1: BASED ON INFORMATION PROVIDED TO THE COMPANY, ON THE DATE OF THIS COMMITMENT IT APPEARS THAT THERE IS LOCATED ON THE LAND: A Single Family Residence KNOWN AS: 720 S 55th Street Renton, WA 98055 NOTE 2: WHEN SENDING DOCUMENTS FOR RECORDING, VIA U.S. MAIL OR SPECIAL COURIER SERVICE, PLEASE SEND TO THE FOLLOWING ADDRESS, UNLESS SPECIFIC ARRANGEMENTS HAVE BEEN MADE WITH YOUR TITLE UNIT: NORTHPOINT ESCROW AND TITLE, LLC 155 NE 100m STREET SUITE 200 SEATTLE, WA 98125 ATTN: RECORDING DEPT, Enclosures: Sketch Vesting Deed Paragraphs Monetary Encumbrances Identity Affidavit Subdivision Guarantee Page 4 of 5 GNT004 Order No.: 30025180 EXHIBIT "A" PARCEL 3 OF SHORT PIAT NO. 674217, AS RECORDED UNDER RECORDING NO. 7603170525, RECORDS OF KING COUNTY AUDITOR; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE Except to the extent that specific assurances an provided In Scheduk A of this Guarantee, the Company assumes no I ablllty for Iola or damage by mason of the following: a) Defects, liens, encumbrances, adverse claims or other matters against the title, whether or not shown by the public records. b) (1) Taxes or aseasamante of any taxing authority that Ierise taxes or assessments on real property; or, (2) Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or riot the matters excluded under (1) or P) are shown by the records of the taxing authority or by the public records. c) (1) Unpatented mining claims; (2) reservations or exceptions in patents or in Arcs authorizing the issuance thereof; (3) water rights, claims or title to water, whether or not the matters excluded under (1), (2) or (3) are shown by the public records. Notwlthst"Ing any specific sssurences whlch are provided In Schedule A of this Guarantor, the Company apumes no liability for baa or damage by mason of (he following: a) Dofeota, lions, encumbrances, adverse claims or other matters affecting the lite to arry property beyond the fines of the land expressly described In the description sat forth in Schedule (A), (C) or in Part 2 of this Guarantee, or title to streets, roads, avenues, lands, ways at waterways to which such land abuts, or the right to maintain therein vaults, tunnels, ramps or any structure or improvements, or any rights or saeemenls therein, unless such prop", rights or easements are expressly and speaFlralty set forth in said description. b) Defects, lions, encumbrances, adverse claims or other matters, whether or sot shown by the public records; (1) which are created, suffered, assumed at agreed to try one or more or the Assureds; (2) which result in noloes to the Assured; or 3) which do not result In this invalidity or potential Invalidity of any Judicial or nor-jimildal proceeding which is within the soups and purpose of the assurances provided. c) The identity of any party shown or referred to in Sdedule A. d) The validity, legal effect or priority of any shatter shown or referred to to this Guaranles. GUARANTEE CONDITIONS AND STIPULATIONS 1. Writtion of Terns. The following temps when used in the Guarantee mean: a) the 'Assured': the party or parties named ore the Assured in this Guarantee, or on a supplemental writing executed by the Company. b) 'land": the land described or referred to h Schedule (A), (C) or in Part 2, and improvements affixed thereto which by law Constitute real property. The term land' does not Include any property beyond the lines of she area doecrfbed or referred to in Schedule (A), (C) or in Pert 2. nor any right, title, Interest, estate or easement in abutting streets, roads, avenues, adloys, lanes, ways or waterways. c) •mortgage": mortgage, deed of truest, trust dead, or other security Instr r enl. d) 'public records': records established under state statutes at Date of Guarantee for the purpose of imparting constructive notice of matters relaling to real propary to purchasers For valve and without knowledge. a) "data': "effect" date. 2. Notice of Claim to he Given by Assured Claimant. An Assured shall notify the Company promply in writing in case knowledge shall Come to an Assured hereunder of any Claim of tilt or Interest which is adverse to the title to the estate or interest, as stated herein, and which might cause lose or damage for which the Company may be liable by virtue of this Guarantee. If prompt notice shall not be given to the Company, than all liability of the Company shall terminate with regard to the matter or maters for which prompt notice is required; provided, however, that failure to notify the Company shall h no case prejudice the rights of any Assured under this Guarantee unless the Company shah be prejudiced by the falure and then only to the extent of the prejudice. 3. No Duty to IDefernl or Prosecute. The Company shah have no duty to defend or prosecute any action or pmoeeding to which the Assured is a party, notwithstanding the nature of any allegation In such action or proceeding. 4. Company's Option to hefond or Prosecute Actions; fluty of Assured Claimant to Cooperate. Even trough the Company has no duty to defend or prosecute as set forth in Paragraph 3 above: a) The Company shall have the right, at +tai sole option and Cost, to institute and prosecute any action or proceeding, interpose a defense, as limited in (b), or to do any other ad which in its opinion may be necessary or desirable to establish the ftNe to the estate or Interest as stated herein, or to establish the gen rights of the Assured, or to prevent or reduce loss or damage to the Assured. The Company may take any appropriate action under the terms of this Guarantee, whether or not It shall be liable hereunder, andshall not thereby Concede liabirdy or waive any provision of this Guarantee. If she Company shall exercise Its dgMs under this paragraph, it shah do so diligently. b) If she Company sleds to exercise its options as stated In Paragraph 4(a) the Company shall have the right to select counsel of Its choice (subject to the right of *udr Assured to object for reasonable cause) to represent the Assured and shall not be liable for end wig not pay the fees of any other counsel, nor will the Company pay any fees, costs or expenses incurred by an Assured in the defense of those causes of action which silage matters not covered by this Guarantee. c) Whenever the Company shall have brought an action or interposed a defense as permitted by the provisions of this Guarantee, the Company may pursue any litigation to final determination by a avert of Competent jurisdid'an and expressty reserves the rtghl, in He sole discretion, to appeal from an adverse judgment or order. d) in all cases where this Guarantee permits the Company to prosecute or provide for the defense of any action or proceedvg, an Assured shall secure to the Company the right to so prosecute or provide for the defense of any action or proceeding, and all appeals therein, and permit the Company to Lee, et its option, the name of such Assured for this purpose. Whenever requested by the Company, an Assured, at the Company's expense, shall give the Company all reasonable aid in arty action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending she action or lawful ad which in the opinion CLTA Guarantee Conditions and Stipulations (Revised 12/15/95) of the Company may be necessary or desirable to establish the title to the estate or interest as stated heroin, or to establish the lien rights of the Assured. If the Company is prejudiced by the failure M the Assured to furnish the required cooperation, the Company's obligations to the Assured under the Guarantee shell terrntnste. 5. Proof of Loss or Damage. In addition to and after the notices required under Section 2 of these Corickl as and Stipulations have bean provided to the Company, a proof of loss or damns signed end awom to by the Assured shall be fumished to the Company within ninety (90) days after the Assured shall ascertain the facts giving rise to the Ions or damage. The proof d lose or damage shall describe the matters covered by this Guarantee which constitute Me basis of loss or damage and shall stats, to the extern possible, the basis of calculating the amount of the lose or damage. If the Company is prejudiced by the failure of the Assured to provide the required proof of loss or damage, the Company's obligation to such assured under the Guarantee shall terminate. In addition, the Assured may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any autfwrfzed representative of (he Company, all records, books, ledgefa. Hca, correspondence and memoranda, whether bearing a data before of affair Date of Guaranies, which reasonably pertain to the lose or damage. Further, if requested by any authorized representative of the Company, the Assured shall grant ria permission, In writing, for any authorized representative of fie Company to examine, inspect end copy all records, books, "am, Cracks, correspondence and memoranda in the custody or control of a third party, which reasons" pertain to the loss or damage. All Infomtatlon designated as confidential by the Assured provided to the Company Pursuant to this Section shall not be disclosed to others unless, In the reasonable judgment of the Company, it is necessary In the administration of (he claim. Failure of Me Assured to submit for examination underoalh, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in the above paragraph, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this Guarantee to the Assured for that claim. S. Options to pay or otherwise SatHa Claims: Termination of Liability. in case of a claim under Vila Guarantee, the Company shall have the following addiliorhal options: a) To Pay or Tender Payment of the Amount of Liability or to Purchase the Indeblednees. The Company shall have the option to pay or wattle or compromise for or in the name of the Assured any claim which could result In loss to the Assured within Me coverage of this Guarantee. or to pay the Rill amount of this Guarantee or, ff this Guarerrtee is issued for the berhefd of a holder of a mortgage or a lienhokler, the Company shall have the option to purchase the indebtedness secured by said mortgage or said lien for the amount owhg thereon, together with any coat*, ressorrabie attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of purchase. Such purchase, payment or tender of payment of the full amount of the Guarentesshall terminate all liability of the Company hereunder. In the event after notice of Claim has been given to the Company by the Assured the Company offers to purchase said indebtedness. the owner of such indebtedness shall transfer and assign said indebtedness, together with any collateral security, to the Comparry upon payment of the purchase price. Upon the exercise by the Company of the option provided for in Paragraph (a) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required In shat paragraph, shall terminate, including any obligation to continue Me defense or prosecution of any litigation for which the Company has exercised Re options under Paragraph 4, and sire Guarantee $nae be surrendered to the Company for cancellation. b) To Pay or otherwise Settle With Parties tither Than the Assured at With the Assured Claimant. To pay or otherwise settle with other parties for or in the name of an Assured Claimant any claim assured against under this Guarantee, together with any Costs, adomeys' foes and expenses incurred by the Assured claimant which were arrtlhdr¢ad by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of the optiion provided for in Paragraph (b) the Ca mpanyrs obligation to the Assured under this Guaranies for the claimed loss or damage, other then to make the payment required in that paragraph shah terminate, including any obligation to continue the defense or prosecution of arty litigation for which the Company has exercised its options under Paragraph 4. 7- Determination and Exterit of Liability. This Guarantee is a contact of Indemnity against actual monetary loss or damage sustained or incurred by the Assured claimant who has suffered lose or damage by reason of reliance upon the assurances set forth in this Guarantee and only to the extent herein described, and subject to the Exclusions From Coverage of This Guarantee. The liability of the Company under this Guarantee to the Assured shall not exceed the least af: a) the amount of liability stated In Schedule A or in Part 2; b) the amount of the unpaid principal Indebtedness secured by the mortgage of an Assured mortgagee, as limited or provided under Sedlon til of these Conditions and Stipulations or w reduced under Section 9 of tease Conditions and Stipulations, at the time the loss or damage assured against by this Guarantee occurs, together with interest thereon; or c) the difference between the value of the estate or interest covered hereby as slated herein and the value of the estate or interest subject to any defect, lion of encumbrance assured against by this Guarantee. 6. Limitation of Liabigty. a) If the Company astabhshes the title, or hemaves the alleged defect, hen or encumbrance, or cures any other matter assured against by this Guarantee In a reasonably diligent manner by arty method, inchrding litigation and the completion of any appeals therefrom, it shall have fully performed its dAlgaticns with reaped to that matter and shall not be liable for any loss or damage caused thereby. CONDITIONS AND STIPULATIONS CONTINUED b) In the event of any litigation by the Company or with the Companys oonsenL the Company shat have no iebiity for loss or damage until there has been a Final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the M, as stated herein. c) The Company shag riot be liable for lose or damage to any Assured for Nobility voluntarly assumed by the Assured in settling any daim or suit without the prior written consent of the Company B. Reduction of Liability or Termination of Llabiitty. All payments under this Guarantee, except payments made for caste, atamgre fees and exper18e9 pursuant to Paragraph 4>9r 1 reduce the amount of liability pro tanto. 10. Payment of Lou. a) No payment shall be made without producing this Guarantee for endorsement of the psym9nt unless this Guarantee has been lost or deatnoyed, in which case proof of loss or dsetrucilion shall be furnished to the satisfaction of the Company. b) When Nobility and the extent of bas or damage has been derinitafy foxed in accordance with these Conditions and Stipulations, the bes or damage shall be payable within thirty (30) days thereafter. 11. Subrogation Upon Payment or setlemism Whenever the Comparry shall have settled and paid a claim under this Guarantee, all right of subrogation anal veal In the Company unaffacted by any act of the Assuraf claimant - The Company shall be subrogated to and be entitled b all fights and remedies which the ,fissured would have had against any person or property in respect to the daim had thea Guarantee not been issued. t requested by the Comparry, the Assured ahell trarraler to the Company all rights and remedies against any porion or property necessary in order to perfect this right of subrogation. The Assured shall permit the Company to sus, compromise or settle in the name of the Assured and to use the name of the Assured in any transaction or litigation invok" these rights or rarnedles. If a payment on a=unt of a claim does not fully Cover the 1089 of the Assured the Company shall be subrogated to all fights and remedies of the Assured after the Assured shall have recovered Rs prinapal, FntereM, and costa of collection. 12 Arbitration. Unless prohibited by applicable law, either the Company or the Assured may demand arbitration pursuant to the Title Insurance Arbitration Rules of the American Arbitration Association. Arbitrable maters may induds, but are not limited to, any controversy or claim between the Comparmy and the Assured arising out of or relating to this Guaranies, any aervice of the Company in connection with its issuance or the breach of a Guarantee provision or other obligation. AA arbitrable matters wherx the Amount of tiablity le S1.DDo,Doo or leas shall be arbitrated at the option of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of 1,000.000 shag be arbitrated only wthen agreed to by both the Company and the Assured. The Rules in e8efat at Oats of Guarantee shall be bending upon the parties. The award may Include attomeys' fees only if the laws of the State In which tie land 6 located permits a court to award attorneys' fees to a prevailing party. Judgment upon Ow award rendered by the Arb tralor(a) may be entered In any amort having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under he Title Insurance Arbitration Rules. A copy of the Rulas may be obtained from the Company upon request. 13- Liability LimRedtoThis Owrantw;GUIrantee Entire Contract. a) This Guarantee together with all endorsements, if arty, attached hereto by the Company is trig entire Guarantee and contract between the Assured and the Company. In Irrierpri" any prohrlsbn of this Guarantee, this Guarantee shall be construed as a whole.' b) Any Calm of Joss or damage, whether or not based on negligence, or any wbon asserting such Calm, shalt be restricted to this Guarantee. c) No amendment of or endorsement to this Guarantee can be made except by a writing endorsed hereon or attached hereto Signed by archer the President, a Viae President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 14, Noticea,Where$erit. All noboes required to be given the Company and arty statement in writing required to be finished the Company shag Include the number of this Guarehtas and shall be addressed ta: Conaurnor Affairs Department, P.O. Box 27507, Richmond, Virginia 23251-7557. CLTA Guarantee Conditions and Stipulations (Revised 12/15/95) THIS SKETCH IS PROVIDED, W ITHOUT CHARGE, FOR YOUR INFORMATION. IT IS NOT INTENDED TO SHOW ALL MATTERS RELATED TO THE PROPERTY INCLUDING, BUT NOT LIMITED TO, AREA, DIMENSIONS, EASEMENTS, ENCROACHMENTS OR LOCATIONS OF BOUNDARIES. IT IS NOT A PART OF, NOR DOES IT M ODIFY, THE COMMITMENT OR POLICY TO WHICH IT IS ATTACHED. THE COMPANY ASSUMES NO LIABILITY FOR ANY MATTER RELATED TO THIS SKETCH,UNLESS SUCH COVERAGE IS SPECIFICALLY PROVIDED BY THE COVERED RISKS OF THE POLICY. REFERENCE SHOULD BE M AIDE To AN ACCURATE SURVEY FOR FURTHER INFORMATION, SECTION: 31 TOWNSHIP: 23N RANGE: 05E FIEN 6P 0641.87 RSD8218005 0073 LOT 1 0 t 01-1 :,41 110':11"1 gay sr 9m T 'A IT A 17dIIA1 Q., TR 16 on Lm INT 09#0 OZ30 2W om OM 6206 ow 0om 4 otso 906 14 viqowIAsti 12,0 om ODM 0040 om q um p " sm M52 LOT 1 Lo2 REN. 0$2-8.2 L07 2 3506018001 IY s1 9M all KCSP 874217 7503170525 P41 3 REM. sp 059-85 381;178001