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HomeMy WebLinkAboutL_Title_Report_181116_v1AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY (10-17-e2) DUPLICATE CHICAGO TITLE INSURANCE COMPANY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPUI-ATIONS, CHICAGO TITLE INSURANCE COMPANY, a Nebraska corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Arry defect in or lien or encumbrance on the title; 3. Unmarketablility of the title; 4. Lack of a right of access to and from the land. The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but only to the extent provided in the Conditions and Stipulations. In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and sealed as of Date of Policy shown in Schedule A, the policy to become valid when countersigned by an authorized signatory. Issued by: CHICAGO TITLE COMPANY 701 FIFTH AVENUE, #2300 SEATTLE, WA 98104 (206) 628-s666 CHICAGO TITLE COMPANY BY 1 President BY ALTA Omer's PolisY (10-17-92) oPJACKn/RDA/m00 EXCLUSIONS FROM COVERAGE The following metters arc expressly excludcd from thc covcregc of this policy and the Compaaywill not pay loss or damage, costs, attortrcys' fees or expenses which arise by reason of: 1. (a) Aay law, ordinancc or govertrmcntal regulation (including but not limited to building aad zoning laws, ordinances, or regulations) restrictiag, regulating, prohibiting or rclating to (i) thc occupancy, use, or enjoyment of the land; (11) the charactcr, dimensions or location of aay improvcmetrt low or hereaftcr erected on thc land; (iii) a scparatioa ia owaership ot a changc in the dimcnsions or area of the land or any parrccl of which thc land is or was a part; or (iv) environmeatal protectioE, or thc effect of aay violation of thcsc laws, ordinanccs, or goveramcntal rcgulations, except to thc cxtctrt that a troticc of the caforceEent thereof or a notice of a defect, lica, or encumbrance resulting fron a violation or alleged violation affccting the land has becn rccorded in the public recotds at Datc of Policy. (b) Any govcrmcatal police power aot excluded by (a) above, exccpt to the extent that a noticc of the exercise thereof or a noticc of a dcfect, lien or encumbcraace resulting fron a violatioa or alleged violation affccting the land has been recorded in the public rccords at Datc of Policy. 2. Rights of emincnt domain unlcss noticc of thc exercisc thercof has been rccorded in the public tecords at Date of Policy, but not excluding from coverage aay taking which has occured prior to Date of Poliry which would bc binding oa thc rights of e purchaser for valuc without knowlcdge. 3. Defccts, licns, encumbrances, adversc claims or othcr matte6: (a) created, suffcred, assumcd or agrced to by the insurcd claimant; (b) not known to the Company, not recorded in the public records at Date of Policy, but taoum to the insured claimaat etrd lot discloscd in writing to the Compaay by thc insured claimant prior to the dstc the iasured claimant becamc an insurcd under this policy; (c) resulting in ao loss or damage to thc insured claimant; (d) attaching or ctcated subsequent to Date of Policy; or (e) resulting ia loss or damagc which would not have becn sustained if the itrsured claiaaat had paid value for the cstate or iatcrcst iasured by this policy. 4. Any claim, which ariscs out of thc transaction vcstiag in thc Iasurcd thc estate or intcrcst insured by this policy, by reason of the operation of federal baaknrptry, state insolvcacy, or similar creditors'rights laws, that is based on: (i) thc transaction crcating the cstate or iaterest insurcd by this policy being dcemed a fradulent conveyatrce or fradulent transfer; or (ii) thc traasaction crcating thc cstatc or intercst insuted by this policy beiag dcemcd a preferential transfer cxcept whcrc the prcfercntial traasfer results from the failure: (a) to timely record the instrumcnt of traasfcr; or (b) of such recordation to inpart noticc to a purchascr for valuc or a judgnent or lietr crcditor. CONDITIONS AND STIPUI-ATIONS 1. DEFINTIION OFTERMS The following terms when used in this policy mean: (a) "insured": the insured named in Schedule A, and, subject to any rights or defenses the Company would have had against the named insured, those who succeed to the interest of the named insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, suwivors, personal rePresentatives, next of kin, or corporate or fiduciary successors. (b) "insured claimant": an insured claiming loss or damage' (c) ',knowledge', or ,'known,': actual knowledge, not constructive knowledge or notice which may be imputed to an insured by reason of the public records as defined in this policy or any other records which impart constructive notice of matters affecting the land' (d) ,'land": the land described or referred to in Schedule A, 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, nor any right, title' interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterc/ays, but nothing herein shall modify or limit the extent to which a right of access to and from the land is insured by this policy. e)"mortgage"mortgage,deed of trust,trust deed or other secu rity instrument. records":records established under state statutes at Date of Policy for the purpose of imparting constructive notice of (D "pub lic 1(a)(iv)of the Exclusions From relating to real ProPerty to purchasers for value and without knowledge.with respect to Section matters U Coverage,"publ ic records"shall also incl ude environmen tal Protection liens filed ln the records of the clerk of the nited States district court for the district in which the land is located. (g) "unmarketability of the title": an alleged or apparent matter affecting the title to the land, not excluded or excepted from coverage, which would entitle a purchaser of the estate or interest described in Schedule A be released from the obligation to purchase by virtue of a contractual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE AFTER COIWEYANCE OF TITLE The coverage of this poliry shall continue in force as of Date of Policy in favor of an insured only so long as the insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from the insured, or only so long as the insured shall have liability by reason of covenants of warranty made by the insured in any transfer or conveyance of the estate or interest. This policy shall not continue in force in favor of any purchaser from the insured of either (i) an estate or interest in the land, or (ii) an indebtedness secured by a purchase money mortgage given to the insured. 3. NOTICB OF CL{,IM TO BE GIVEN BY INSURED CI,.AIMANT The insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 4(a) beloq (ii) in case knowledge shall come to an insured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as insured, and which might cause loss or damage for which the Company may be liable byvirture of this poliry, or (iii) if title to the estate or interest, as insured, is rejected as unmarketable. If prompt notice shall not be given to the Company, then as to the insured all liability of the Company shall terminate with regard to the matter or matters from which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any insured under this policy unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 4. DEFENSE AND PRoSECUTION OF ACTIONS; DUTY OF INSURBD CIAIMANT TO COOPERATE (a) Upon written request by the insured and subject to the options contained in Section 6 of these Conditions and Stipulations, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an insured in litigation in which any third party asserts a claim adverse to the title or interest as insured, but only as to those stated causes of action alleging a defect, lien or encumbrance or other matter insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the insured to object for reasonable cause) to represent the insured as to those stated causes of action and shall not be liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs or expensese incurred by the insured in the defense of those causes of action which allege matters not insured against by this poliry. (b) The Company shall have the right, at its own cost, to institute and prosecute any action or proceeding 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 insured, or to prevent or reduce loss or damage to the insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this policy. If the Company shall exercise its rights under this paragraph, it shall do so diligently. (c) Whenever the Company shall have brought an action or interposed a defense as required or permitted by the provisions of this policy, 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 any adverse judgment or order. (d) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding, the insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of the insured for this purpose. Whenever requested by the Company, the insured, at the Company's expense, shall give the Company all reasonable aid (i) in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as insured. If the Company is prejudiced by the failure of the insured to fumish the required cooperation, the Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. 5. PROOF OF LOSS OR DAMAGE In addition to and after the notices required under Section 3 of these C-onditions and Stipulations have been provided the Company, a proof of loss or damage signed and sworn to by the insured claimant shall be furnished to the Companywithin 90 days after the insured claimant shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or other matter insured against by this poliry which constitutes the basis of loss or damage and shall state, to the extent Possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by the failure of the insured claimant to provide the required proof of loss or damage, the Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any titigation, with regard to the matter or matters requiring such proof of loss or damage. In addition, the insured claimant 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, tedgers, checks, correspondence and memoranda, whether bearing a date before or after Date of policy, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the insured claimant shatt 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 insured claimant 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 insured claimant to submit for examination under oath, produce other reasonably necessary information or grant permission to secure resaonable necessary information from third parties as required in this paragraph shall terminate any liability of the c.ompany under this policy as to that claim' 5. oPTIONS TO PAY oR OTI{ERWISE SETTLE CL,AIMS; TERI\{INATION OF LIABILITY In case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment of thc Amount of Insuraace. To pay or tender payment of the amount of insurance under this policy together with any costs, attorneys's fees and expenses incurred by the insured claimant, which were authorized by the Company, up to the time of payment or tende! of payment and which the Company is obligated to Pay' Upon the exercise by the Company of this option, all liability and obligations to the insured under this policy, other than to make the payment required, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, and the policy shall be surrendered to the Company for cancellation. (b) To Pay or Othcrsrise Scttlc With Partics Othcr thaa thc Insured or With the Insured Claimaat. (i) to pay or otherwise settle with other parties for or in the name of an insured claimant any claim insured against under this poliry, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay; or (ii) to pay or otherwise settle with the insured claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees and expenses incurred by the insured 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 either of the options provided for in paragraphs (b)(i) or (ii), the Company's obligations to the insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prosecute or continue any litigation. 7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the insured claimant who has suffered loss or damage by reason of matters insured against by this policy and only to the extent herein described. (a) The liability of the Company under this policy shall not exceed the least of: (i) the Amount of Insurance stated in Schedule A; or (ii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this poliry. (b) In the event the Amount of Insurance stated in Schedule A at the Date of Policy is less than 80 percent of the value of the insured estate or interest or the full consideration paid for the land, whichever is less, or if subsequent to the Date of Policy an inprovement is erected on the land which increases the value of the insured estate or interest by at least 20 percent over the Amount of Insurance stated in Schedule A, then this Policy is subject to the following: (i) where no subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that the amount of insurance at Date of Policy bears to the total value of the insured estate or interest at Date of Policy; or (ii) where a subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that 120 percent of the Amount of Insurance stated in Schedule A bears to the sum of the Amount of Insurance stated in Schedule A and the amount expended for the improvement. The provisions of this paragraph shall not apply to costs, attorneys' fees and eq)enses for which the Company is liable under this policy, and shall only apply to that pofiion of any loss which exceeds, in the aggregate, 10 percent of the Amount of Insurance stated in Schedule A. (c) The Company will pay only those costs, attorne)6' fees and expenses incurred in accordance with Section 4 of these Conditions and Stipulations. E.APPORTIONMENT If the land described in Schedule A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or more of the parcels but not all, the loss shall be computed and settled on a pro rata basis as if the amount of insurance under this poliry was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has othenvise been agreed upon as to each parcel by the Company and the insured at the time of the issuance of this policy and shown by an express statement or by an endorsement attached to this poliry. 9. LIMMATION OF LIABILITY (a) If the Company establishes the title, or removes the atleged defect, lien or encumbrance, or cures the lack of a right of access to or from the land, or cures the claim of unmarketability of title, all as insured, 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. (b) In the event of any litigation, including 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 insured. (c) The Company shall not be liable for loss or damage to any insured for liability voluntarily assumed by the insured in settling any claim or suit without the prior written consent of the Company' 10.R'EDUCTIoNoFINSURANCB;REDUCTIoNoRTERMINATIoNoFLIABILITY All payments under this policy, except payments made for costs, attorneys' fees and expenses' shall reduce the amount of the insurance pro tanto' 11. LIABILITY NONCUMUI'ATTVE It is expressly understood that the amount of insurance under this poliry sha[[ be reduced by any amount the Company may pay under any poliry insuring a mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is hereafter executed by an insured and which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this policy to the insured owner. 12. PAYMENT OFLOSS (a) No payment shall be made without producing this policy for endorsement of the payment unless the policy has been lost or destroyed, in which case proof of loss or destruction shall be fumished 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 30 days thereafter. 13. SUBROGATION UPON PAYMENT OR SETTLEMENT (a) The Conpan/s Right of Subrogation. Whenever the Company shall have settled and paid a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the insured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the insured claimant would have had against any person or property in respect to the claim had this policy not been issued. If requested by the Company, the insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The insured claimant shall permit the Company to sue, compromise or settle in the name of the insured claimant and to use the name of the insured claimant in any transaction or litigation involving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the insured claimant, the Company shall be subrogated to these rights and remedies in the proportion which the Company's payment bears to the whole amount of the loss. If loss should result from any act of the insured claimant, as stated above, that act shall not void this poliry, but the Company, in that event, shall be required to pay only that part of any losses insured against by this policywhich shall exceed the amount, if any, lost to the Company by reason of the impairment by the insured claimant of the Company's right of subrogation. (b)The Compaa/s Rights Against Noa-insured Obligors. The Company's right of subrogation against non-insured obligors shall exist and shall include, without limitation, the rights of the insured to indemnities, guaranties, other policies of insurance or bonds, notwithstanding any terrns or conditions contained in those instruments which provide for subrogation rights by reason of this poliry. 14.ARBITRATION Unless prohibited by applicable law, either the Company or the insured 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 the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a poliry provision or other obligation. All arbitrabte matters when the Amount of Insurance is $1,000,000 or less shall be arbitrated at the option of either theCompanyortheinsured. AllarbitrablematterswhentheAmountof Insuranceisinexcessof $l,000,000shallbearbitratedonlywhenagreedto by both the Company and the insured. Arbitration pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured, the Rules in e ffect at Date of Policy 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 permit a court to award attorneln' fees to a prevaling part. Judgment upon the award rendered by the Arbitrator(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 15. LIABILITY LIMITED TO THIS POLICY; POLICT ENTIRE CONTRACT (a) This policy together with all endorsements, if any, attached hereto by the Company is the entire policy and contract between the insured and the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or by any action asserting such claim, shall be restlicted to this policy. (c) No amendment of or endorsement to this policy 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 otficer or an authorized signatory of the Company. 16. SEVERABILITY In the event any provision of this policy is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision and all other provisions shall remain in full force and effect' 17. NOTICES, WHERE SENT All notices required to be given to the Company and any statement in writing required to be furnished the Company shall include the numbei of this policy and shall be addressed to the Company at the issuing office or to: Chicago Title Insurance ComPanY Claims DePartment 171 North Clark Street Chicago, Illinois 60601'3294 . ,ICAGO TITLE COMPANYryioi niffi avE[uB, #2300, sEArrLe, wa gsroh/ STANDARD OWNER POLICY SCHEDULE A Policy No.: s22999 Date of Policy: FEBRUARy 1g, tggg 1. Name of Insured: at 10:05 AI\4 Amount of Insurance: $1, ooO, ooo . oo FTRST UKRAINIAN PENTECOSTAL CHURCH 2. The estate or interest in the land which is covered by this policy is: FEE STMPLE 3. Title to the estate or interest in the land is vested in: FIRST UKRAINIAN PENTECOSTAL CHI]RCH The land referred to in this policy is described as follows PARCEL A: THAT PORTTON OF THE EAST HALF OF THE EAST HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF NORTH, RANGE 5 EAST, WILLAMETTE MERIDIAI{, IN KING NORTHERLY OF THE EASTERLY PRODUCTION OF THE SOUTH HAVEN, ACCORDING TO THE PLAT THEREOF, RECORDED IN 10, IN KING COUNTY, WASHINGTON. DUPLICATE 4. THE NORTHWEST QUARTER OF SECTTON 4, TOWNSHIP 23 COUNTY, WASHINGTON, LY]NG LINE OF LOT 4 OF ROSE VOLUME 63 OF PLATS, PAGE PARCEL B: THE WEST 2L7.5 FEET OF THE NORTH HALF OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 4, TOWNSHIP 23 NORTH, RA}IGE 5 EAST, WILLAMETTE MERIDIAN, IN KTNG COUNTY, WASHINGTON; EXCEPT THE NORTH 127 FEET THEREOF. ALTAOPA/RDA/0999 \,/ CHICAGO TITLE COMPANY STANDARD OWNER POLICY SCHEDULE B \-/ Policy No.: 522999 EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: GENERAL EXCEPTIONS: A. Rights or claims of parties in possession, or claiming possession, not shown by the Public Records. B. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. C. Easements, prescriptive rights, rights-of-way, liens or encumbrances, or claims thereof, not shown by the Public Records. D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or for services, labor, or material heretofore or hereafter furnished, all as imposed by law, and not shown by the Public Records. E. Taxes or special assessments which are not yet payable or which are not shown as existing liens by the Public Records. F. Any lien for service, installation, connection, maintenance, tap, capacity, or construction or similar charges for sewer, water, electricity, natural gas or other utilities, or for garbage collection and disposal not shown by the Public Records, G. Unpatented mining claims, and all rights relating thereto; reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof; Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes. H. Water rights, claims or title to water. SPECIAL EXCEPTIONS A l.EASEMENT A}TD THE TERMS AND CONDITIONS THEREOF: GRANTEE: PURPOSE: AREA AFFECTED: RECORDED: RECORDING NUMBER CITY OF RENTON, A MUNICIPAJ, CORPORATION PUBLIC UTILIT]ES (INCLUDING WATER AND SEWER) WITH NECESSARY APPURTENANCES THE NORTH 211.00 FEET OF THE EAST 15.00 FEET OF PARCEL A AND THE SOUTH 4O'OO FEET OF THE NORTH 84.00 FEET OF THE EAST 10. OO FEET OF PARCEL B SEPTEMBER 13, L973 7309130s03 B 2.EASEMENTAI{DTHETERMSAI{DCoNDITIoNSTHEREoF: ALTAOPB bk 5117 lo7 v CHICAGO TITLE COMPANY STANDARD OWNER POLICY SCHEDULE B (Continued)Policy No.: s22g99 D 3. THE SUB,IECT PROPERTY fS PRESENTLY CLASSfFfED AS EXEMPT AND MAY BE SUB,fECT TO THE COLLECTION OF BACK TN(ES FOR A POSSIBLE 3 TO 10 YEAR PERIOD, DEPENDING UPON THE ACTUAI USE CLASSIFICATION OF THE PROPERTY DURING ITS EXEMPT STATUS. INQUIRY SHOULD BE MADE TO THE KING COUNTY ASSESSOR'S OFFICE OR THE COMPANY FOR ADDTTTONAI INFORMATION. GRANTEE PURPOSE: AREA AFFECTED: RECORDED: RECORDTNG NUMBER TAX ACCOUNT NT]IVIBER LEVY CODE: YEAR: TAX ACCOT'NT NUMBER: LEVY CODE: ASSESSED VALUE-LAND: ASSESSED VAIUE - IMPROVEMENTS : SPECIAL EXCEPTIONS PACIFTC NORTHWEST BELL TELEPHONE COMPANY, A V{ASHINGTON CORPORATION BURIED COMMUNTCATTON L]NES WITH WIRES, CABLES, FIXTURES AND APPURTENA}ICES THE SOUTH 10 FEET OF THE NORTH 30 FEET OF PARCEL A MAY 12, L976 7 605t20528 042305-9237 -00 210 0 1,999 042305 -9237 -00 210 0 $ 98, 000.00 i 299,800.00 E AFFECTS: PARCEL A 4. GENERAL AND SPECIAL TAXES AND CHARGES, PAYABLE FEBRUARY 15, DELINQUENT IF FIRST HALF UNPAID ON MAY 1, SECOND HALF DELINQUENT IF I,NPAID ON NOVEIVIBER 1 OF THE TAX YEAR (AMOUNTS DO NOT INCLUDE INTEREST AND PENAITIES): GENERAL & SPECIAI TAJ(ES: AFFECTS SPECIALTN(ESA}IDCHARGESoNPARCELAoFSAIDPREMISES THE SI'BJECT PROPERTY IS PRESENTLY CLASSIFIED AS EXEMPT AND T4AY BE SUBJECT To THE coLLECTIoN oF BACK TAxEs FoR A Poss]BLE 3 To 10 YEAR PERIoD, DEPENDING UPON THE ACTUAL USE CI'ASSIFfCATION OF THE PROPERTY DURING ITS EXEMPTSTATUS.INQUfRYSHouLDBEI,IADEToTHEKINGCoUNTYASSESSoR,S OFFICE OR THE COMPA}TY FOR ADDITIONAI' INFORMATION' BILLED: PAID: UNPAID: $o $o $o .00 .00 .00 a 5 ALTAOPB2/RDA/0999 F CHICAGO TITLE COMPANY STANDARD OWNER POLICY SCHEDULE B (Continued)Policy No.: 52Zggg SPECIAL EXCEPTIONS 5. GENERAL AND SPECIAI TAXES AND CHARGES, PAYABLE FEBRUARY 15, DELINQUENT TF FIRST HALF UNPAID ON MAY 1, SECOND HAIF DELINQUENT IF I'NPAID ON NOVEMBER 1 OF THE TAX YEAR (AMOUNTS DO NOT INCLUDE INTEREST A}JD PENALTIES): TAX ACCOUNT NUMBER: LEVY CODE: YEAR: TAX ACCOIJNT NUMBER: LEVY CODE: ASSESSED VALUE-LAND: ASSESSED VALUE - IMPROVEMENTS GENERAL & SPECIAI TAXES: RECORDED: RECORDING NUMBER: AFFECTS: ASSIGNOR: ASSIGNEE: DATED: RECORDED: RECORDING NUMBER: 042305-9307-05 2t00 t999 042305-9307-0s 210 0 $ 65, 300 . 00 $ 4,500.00 BILLED: $ PAID: $ IINPAID: $ 59.86 0.00 59.86 L AFFECTS: SPECIAL TAXES AIID CHARGES ON PARCEL B OF SAID PREMISES 7. TERMS AND CONDITTONS OF CITY OF RENTON ORDINANCE NUMBER 4482 AI 8. ASSIGNMENT OF RENTS AI{D/OR LEASES AND THE TERMS AND CONDITIONS THEREOF DECEIVIBER 2, 1994 94L202047 4 INCLI'DES OTHER PROPERTY FIRST UKRAfNIAN PENTECOSTAI CHURCH CHURCH EXTENSION TNVESTORS FUND, INC. FEBRUARY 1, L999 FEBRUARY 18, 1,999 9902t80528 A,' 9. T'NRECORDED LEASEHOLD INTEREST OF.ROMANIA}I BAPTIST CHURSH AS SET FORTH BY AFFIDAVIT PROVIDED TO THE COMPAI$Y. AX 10. DEED OF TRUST TO SECURE AI{ INDEBTEDNESS: GRANTOR. FIRST UKRAINfAN PENTECOSTAI, CHURCH ALTAOPB2/RDA/@99 CHICAGO TITLE COMPANY STANDARD OWNER POLICY SCHEDULE B (Continued)Policy No.: s22999 TRUSTEE: BENEFICIARY: AMOUNT: DATED: RECORDED: RECORDING NUIVIBER LOA].tr NUMBER: AUTHORIZ IGNA Y Loan Policy Endorsements: Owner' s Policy EndorsemenEs: SPECIAL EXCEPTIONS CHICAGO TITLE INSURANCE COMPANY, ARIZONA CORPORATION CHURCH EXTENSTON INYESTORS FUND, i 757,250.00 FEBRUARY ]-, 1999 FEBRUARY 18, 1999 9902L8052'7 N/A ** END OF SCHEDULE B ** N/A N/A AN INC ALTAOPB2/RDA/0999 Order Number 5207154536 Old Republic Title, Ltd. SUBDIVISION GUARANTEE Order No.: 5207154536 Date: March 22, 2018 at 8:00 a.m. Fee : $ 450.00 Sales Tax: $ 46.80 Total: $ 496.80 FOR INFORMATION AND ASSISTANCE ON THIS TITLE ORDER CONTACT: LYNNWOOD OFFICE: Residential Title Unit Email: title.wa@ortc.com Telephone: (425) 776-4305 Fax: (425) 776-3350 Our staff can assist you with properties in King, Pierce and Snohomish Counties Reference: First Ukrainian Pentecostal TO: ANDREY KOZAC ANK CONSTRUCTION, INC. 316 S 21ST ST RENTON, WA 98055 Ladies/Gentlemen: In the matter of the plat submitted for your approval, the Company (Old Republic National Title Insurance Company) has examined the records of the County Auditor and County Clerk of King County, Washington, and the records of the Clerk of the United States Courts holding terms in said County and from such examination hereby certifies that the title to the following described land, Situate in said County, to-wit: Vested in: FIRST UKRAINIAN PENTECOSTAL CHURCH, a Washington corporation Legal Description: SEE ATTACHED EXHIBIT "A" FOR LEGAL DESCRIPTION FOR SPECIAL EXCEPTIONS, SEE ATTACHED: Order Number 5207154536 EXHIBIT "A" Parcel A: The East half of the East half of the Northwest quarter of the Northeast quarter of the Southeast quarter of Section 4, Township 23 North, Range 5 East, W.M., in King County, Washington; EXCEPT the South 15 feet for Road AND EXCEPT that portion thereof lying Northerly of the Easterly production of the South line of Lot 4, ROSE HAVEN, according to the plat thereof recorded in Volume 63 of Plats, page 10, records of King County, Washington, Parcel B: The West 217.5 feet of the North half of the Northeast quarter of the Northeast quarter of the Southeast quarter of Section 4, Township 23 North, Range 5 East, W.M., in King County, Washington; EXCEPT the North 127 feet thereof. BOTH SITUATE in the County of King, State of Washington END OF EXHIBIT "A" Order Number 5207154536 SPECIAL EXCEPTIONS: 1. Rights of parties in possession and claims that may be asserted under unrecorded instruments, if any. 2. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following Instrument : Easement Granted To : City of Renton, a municipal corporation For : Public utilities (including water and sewer) with necessary appurtenances Recorded : September 13, 1973 in Official Records under Recording Number 7309130503 Affects : The South 40.00 feet of the North 84.00 feet of the East 10.00 feet of Parcel B and affects other property 3. Terms and provisions as contained in an instrument, Executed By : City of Renton Ordinance No. 4025 Recorded : December 3, 1986 in Official Records under Recording Number 8612031455 Which, among other things, provides: An ordinance of the City of Renton, Washington, establishing a proposed assessment District for Sanitary Sewer Service in the Honeycreek Interceptor Service Area and establishing the amount of the charge upon connection to the facilities. 4. Terms and provisions as contained in an instrument, Executed By : City of Renton, Ordinance No. 4482 Recorded : December 2, 1994 in Official Records under Recording Number 9412020474 Which, among other things, provides: An ordinance of the City of Renton, Washington, establishing an assessment District for Sanitary Sewer Service in the Sierra Heights portion of the Honey Creek Sub-Basin and establishing the amount of the charge upon connection to the facilities Order Number 5207154536 5. Terms and provisions as contained in an instrument, Entitled : Survey Recorded : May 19, 1997 in Official Records under Recording Number 9705199015 Which, among other things, provides: Wood fence along Easterly line of Parcel A 6. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following Instrument : Easement For : Roadway access and utilities Recorded : June 30, 2000 in Official Records under Recording Number 20000630002393 Affects : West 10 feet of the South 135 feet of Lot A 7. Any lack of access, or a right of access, or a right to access to and from the land (any access coverage contained in this policy and/or endorsements thereto is NOT being provided, notwithstanding any statement therein to the contrary). Said matters affect Parcel B 8. GENERAL TAXES, PLUS INTEREST AND PENALTY AFTER DELINQUENT; 1ST HALF DELINQUENT ON MAY 1; 2ND HALF DELINQUENT ON NOVEMBER 1: Year : 2018 Amount Billed : $663.76 Amount Paid : $0.00 Tax Account No. : 042305-9068-04 Levy Code : 2100 Assessed Valuation Land : $38,000.00 Improvements : $0.00 Said matters affect Parcel A Order Number 5207154536 9. General taxes shown as exempt on the tax rolls as follows: Year : 2018 Tax Account No. : 042305-9307-05 Levy Code No. : 2100 Said matters affect Parcel B 10. Swim Bond, Noxious Weed, and Conservation TAX , as follows; together with interest and penalties after delinquency: Year 2018 Tax Account No. 042305-9307-05 Levy Code 2100 Amount Billed $39.01 Amount Paid $0.00 Said matters affect Parcel B 11. Taxes which may become due and payable upon removal of exemption. Said matters affect Parcel B 12. Deed of Trust to secure an indebtedness of the amount stated below and any other amounts payable under the terms thereof, Amount : $757,250.00 Trustor/Borrower : First Ukrainian Pentecostal Church Trustee : Chicago Title Insurance Company, an Arizona corporation Beneficiary/Lender : Church Extension Investors Fund, Inc Dated : February 1, 1999 Recorded : February 18, 1999 in Official Records under Recording Number 9902180527 Said matters affect Parcel B and includes other property Order Number 5207154536 In Connection therewith, said trustors executed an Assignment of Rents, Recorded : February 18, 1999 in Official Records under Recording Number 9902180528 13. Deed of Trust to secure an indebtedness of the amount stated below and any other amounts payable under the terms thereof, Amount : $575,007.00 Trustor/Borrower : First Ukrainian Pentecostal Church Trustee : Old Republic Title Beneficiary/Lender : Church Extension Investors Fund, Inc Dated : June 26, 2000 Recorded : June 30, 2000 in Official Records under Recording Number 20000630002392 Said matters affect Parcel A 14. Deed of Trust to secure an indebtedness of the amount stated below and any other amounts payable under the terms thereof, Amount : $203,000.00 Trustor/Borrower : First Ukrainian Pentecostal Church Trustee : Old Republic Title Beneficiary/Lender : Church Extension Investors Fund, Inc Dated : June 26, 2000 Recorded : June 30, 2000 in Official Records under Recording Number 20000630002394 Said matters affect Parcel B and includes other property 15. NOTE: The last recorded transfer or agreement to transfer the land described herein is as follows: Recorded : February 18, 1999 in Official Records under Recording Number 9902180526 Order Number 5207154536 16. NOTE: The last recorded transfer or agreement to transfer the land described herein is as follows: Recorded : June 30, 2000 in Official Records under Recording Number 20000630002391 NOTE 1 : The liability of the Company under this Subdivision Guarantee shall be limited to the amount of actual loss sustained by the addressee because of reliance upon the information set forth herein, but in no event shall such liability exceed the fee paid for this Subdivision Guarantee. MO