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Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Face Page
First American Title Insurance Company
COMMITMENT FOR TITLE INSURANCE
Issued by
FIRST AMERICAN TITLE INSURANCE COMPANY
First American Title Insurance Company, herein called the Company, for valuable consideration, hereby
commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the
proposed Insured named in Schedule A, as owner or mortgagor of the estate or interest covered
hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges
therefor; all subject to the provisions of Schedules A and B and to the Conditions and Stipulations
hereof.
This Commitment shall be effective only when the identity of the proposed Insured and the amount
of the policy or policies committed for have been inserted in Schedule A hereof by the Company, either
at the time of the issuance of the Commitment or by subsequent endorsement.
This Commitment if preliminary to the issuance of such policy or policies of title insurance and all
liability and obligations hereunder shall cease and terminate six (6) months after the effective date
hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that
the failure to issue such policy or policies is not the fault of the Company. This Commitment shall not
be valid or binding until countersigned by an authorized officer or agent.
IN WITNESS WHEREOF, the Company has caused this commitment to be signed, to become valid
when countersigned by an authorized officer or agent of the Company, all in accordance with its By-
Laws. This Commitment is effective as of the date shown in Schedule A as “Effective Date.”
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Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 1
First American Title Insurance Company
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First American Title Insurance Company
National Commercial Services
818 Stewart Street, Suite 800, Seattle, WA 98101
(206)728-0400 - (800)526-7544 FAX (206)448-6348
Victoria L. Coats Kathleen Michael
(206)615-3126 (206)615-3205
vcoats@firstam.com kmichael@firstam.com
Lavonne Bowman Tina Kotas
(206)615-3269 (206)615-3053
lavbowman@firstam.com tkotas@firstam.com
To: Ryan Companies US, Inc. File No.: NCS-748552-WA1
3900 E Camelback Rd Ste 100 Your Ref No.:
Phoenix , AZ 85018-2614
Attn: Mary K. McGowne
SCHEDULE A
1. Commitment Date: August 14, 2015 at 7:30 A.M.
2. Policy or Policies to be issued:
AMOUNT PREMIUM TAX
ALTA Extended Owner Policy $ TBD $ TBD $ TBD
Proposed Insured:
Ryan Companies US, Inc.
3. The estate or interest in the land described on Page 2 herein is Fee Simple, and title thereto is
at the effective date hereof vested in:
Longacres Park, Inc., a Washington corporation, successor to Broadacres, Inc.
4. The land referred to in this Commitment is described as follows:
The land referred to in this report is described in Exhibit "A" attached hereto.
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 2
First American Title Insurance Company
EXHIBIT 'A'
LEGAL DESCRIPTION:
PARCEL I:
Lot A of City of Renton Lot Line Adjustment No. LUA-11-049-LLA, recorded September 13, 2013 as Recording No.
20130913900001, records of King County, Washington.
EXCEPTING THEREFROM those portions conveyed to the City of Renton by Quitclaims Deeds recorded September
13, 2013 as Recording No. 20130913000004 and November 25, 2013 as Recording No. 20131125000546.
ALSO EXCEPTING THEREFROM that portion conveyed to BNSF Railway Company, a Delaware corporation and BN
Leasing Corporation, a Delaware corporation, by Bargain and Sale Deed recorded December 6, 2013 as Recording
No. 20131206001379.
PARCEL II:
Lots 10, 15, 16, 18, 19 and Tract C of BOEING LONGACRES PROPERTY, BINDING SITE PLAN NO. LUA-02-022-
BSP, recorded in Volume 212 of Plats, page 63 and amended in Volume 219, page 67 and Volume 228, page 22,
in King County, Washington.
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 3
First American Title Insurance Company
SCHEDULE B - SECTION 1
REQUIREMENTS
The following are the Requirements to be complied with:
Item (A) Payment to or for the account of the Grantors or Mortgagors of the full consideration for the
estate or interest to be insured.
Item (B) Proper instrument(s) creating the estate or interest to be insured must be executed and duly
filed for record.
Item (C) Pay us the premiums, fees and charges for the policy.
Item (D) You must tell us in writing the name of anyone not referred to in this Commitment who will
get an interest in the land or who will make a loan on the land. We may then make
additional requirements or exceptions
SCHEDULE B - SECTION 2
GENERAL EXCEPTIONS
The Policy or Policies to be issued will contain Exceptions to the following unless the same are disposed
of to the satisfaction of the Company.
A. Taxes or assessments which are not shown as existing liens by the records of any taxing
authority that levies taxes or assessments on real property or by the public records.
B. Any facts, rights, interest, or claims which are not shown by the public records but which could
be ascertained by an inspection of said land or by making inquiry of person in possession thereof.
C. Easements, claims of easement or encumbrances which are not shown by the public records.
D. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts
which a correct survey would disclose, and which are not shown by public records.
E. (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 excepted
under (1), (2) or (3) are shown by the public records; (4) Indian Tribal Codes or Regulations,
Indian Treaty or Aboriginal Rights, including easements or equitable servitudes.
F. Any lien, or right to a lien, for services, labor, materials or medical assistance theretofore or
hereafter furnished, imposed by law and not shown by the public records.
G. Any service, installation, connection, maintenance, construction, tap or reimbursement
charges/costs for sewer, water, garbage or electricity.
H. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in
the public records or attaching subsequent to the effective date hereof but prior to the date the
proposed insured acquires of record for value the estate or interest or mortgages thereon
covered by this Commitment.
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Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 4
First American Title Insurance Company
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SCHEDULE B - SECTION 2
(continued)
SPECIAL EXCEPTIONS
1. Lien of the Real Estate Excise Sales Tax and Surcharge upon any sale of said premises, if
unpaid. As of the date herein, the excise tax rate for the City of Renton is at 1.78%.
Levy/Area Code: 2100
For all transactions recorded on or after July 1, 2005:
• A fee of $10.00 will be charged on all exempt transactions;
• A fee of $5.00 will be charged on all taxable transactions in addition to the
excise tax due.
2. General Taxes for the year 2015
Lot Tax Account No. Amount
Billed
Amount
Paid
Amount
Due
Assessed Land
Value
Assessed
Improvement
Value
Parcel I 088670-0090-05 $31,588.48 $15,794.24 $15,794.24 $2,499,500.00 $0.00
10 088670-0100-03 $48,195.31 $24,097.66 $24,097.65 $3,814,000.00 $0.00
15 088670-0150-02 $29,246.22 $14,623.11 $14,623.11 $2,314,100.00 $0.00
16 088670-0160-00 $23,408.24 $11,704.12 $11,704.12 $1,852,000.00 $0.00
18 088670-0180-06 $26,609.59 $13,304.79 $13,304.80 $2,105,400.00 $0.00
19 088670-0190-04 $36,361.43 $18,180.72 $18,180.71 $2,877,300.00 $0.00
C 088670-0380-04 $21,928.84 $10,964.42 $10,964.42 $1,734,900.00 $0.00
3. Potential charges, for the King County Sewage Treatment Capacity Charge, as authorized under
RCW 35.58 and King County Code 28.84.050. Said charges could apply for any property that
connected to the King County Sewer Service area on or after February 1, 1990.
Note: Properties located in Snohomish County and Pierce County may be subject to the King
County Sewage Treatment Capacity Charges. To verify charges contact: (206) 296-1450 or
CapChargeEscrow@kingcounty.gov.
4. Easement, including terms and provisions contained therein:
Recording Information: March 14, 1962, Recording No. 5398625
For: Electric transmission and distribution lines
Affects: Parcel I and Lots 10, 15, 16 and Tract C of Parcel II
Said easement is a correction of easement recorded August 22, 1961 as Recording No. 5332652.
5. Easement, including terms and provisions contained therein:
Recording Information: November 28, 1961, Recording No. 5371813
For: Electric transmission and distribution line systems
Affects: Parcel I and Lots 10, 16, 18 and Tract C of Parcel II
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 5
First American Title Insurance Company
Document(s) declaring modifications thereof recorded April 29, 1962 as Recording No. 5417049
of Official Records.
6. Easement, including terms and provisions contained therein:
Recording Information: September 15, 1965, Recording No. 5927062
For: Oil pipe lines and appurtenant facilities
Affects: Portions of Lots 9, 10, 16, 18 and Tract C
Document(s) declaring modifications thereof recorded October 26, 1967 as Recording No.
6255972 of Official Records.
7. Easement, including terms and provisions contained therein:
Recording Information: May 18, 1967, Recording No. 6177848
For: Sewer trunk line
Affects: As described therein
8. Easement, including terms and provisions contained therein:
Recording Information: October 25, 1967, Recording No. 6255262
For: Sewer line system
Affects: Portions of Lots 9, 10, 16, 18 and Tract C
Said easement was partially released as to other property under Recording No. 6505923.
9. Reservations and exceptions, including the terms and conditions thereof:
Reserving: minerals
Reserved By: Glacier Park Company
Recorded: April 1, 1975
Recording Information: 7504010373
Said right of entry to minerals modified under correction deed recorded November 30, 1978
under Recording No. 7811301026.
10. Easement, including terms and provisions contained therein:
Recording Information: December 7, 1984, Recording No. 8412070648
For: Public utilities (including water and sewer)
Affects: Parcel I and Lots 10, 15, 16 and 18 of Parcel II
11. Easement, including terms and provisions contained therein:
Recording Information: February 14, 1986, Recording No. 8602140883
For: Electric transmission and/or distribution lines
Affects: Parcel I and Lots 10, 16, 18 and Tracts C of Parcel II
12. Easement, including terms and provisions contained therein:
Recording Information: November 7, 1986, Recording No. 8611170303
For: Phone and power lines
Affects: Parcel I and Lots 9, 10, 15 and 19 of Parcel II
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 6
First American Title Insurance Company
13. Easement, including terms and provisions contained therein:
Recording Information: March 16, 1988, Recording No. 8803161006
For: Public utilities (including water and sewer)
Affects: Lots 10, 15 and 19 of Parcel II
Document(s) declaring modifications thereof recorded December 6, 1995 as Recording No.
9501260432 of Official Records.
14. The terms and provisions contained in the document entitled "Latecomers Agreement"
recorded December 11, 1991 as 9112110767 of Official Records.
15. The terms and provisions contained in the document entitled "Agreement for Transfer of Water
Service and Provisions of Secondary Fire Service" recorded May 20, 1994 as 9405200871 of
Official Records.
16. The terms and provisions contained in the document entitled "Notice of Potential Easements "
recorded November 5, 1996 as 9611050520 of Official Records.
17. A lease dated June 1, 1997, executed by Longacres Park, Inc. as lessor and The Boeing Company
as lessee, for a term of 34 years recorded July 3, 1997 as Instrument No. 9707030128 of Official
Records.
(Covers More Property)
The Lease was partially reconveyed as to a portion of Lots 5 and 7 of said premises by
instrument recorded under Recording No. 20130801002220.
The Lease was partially reconveyed as to a portion of Lots 7 and 9 of said premises by
instrument recorded under Recording No. 20131206001377.
18. Easement, including terms and provisions contained therein:
Recording Information: March 23, 1999, Recording No. 9903231472
For: Utilities and utility pipeline systems
Affects: As described therein
19. The terms and provisions contained in the document entitled "Fire Access Easement Agreement"
recorded May 21, 1999 as 9905211140 of Official Records.
20. Covenants, conditions, restrictions and/or easements:
Recorded: July 6, 1999
Recording No.: 19990706001298
21. The terms and provisions contained in the document entitled "Development Agreement"
recorded January 4, 2001 as 20010104000886 of Official Records.
22. The terms and provisions contained in the document entitled "Development Agreement"
recorded February 21, 2003 as 20030221002405 of Official Records.
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 7
First American Title Insurance Company
23. Easement, including terms and provisions contained therein:
Recording Information: January 24, 2001, Recording No. 20010124000403
In Favor of: QWest Corporation, a Colorado corporation
For: Telecommunication lines over and/or under
Affects: As described therein
24. Restrictions, conditions, dedications, notes, easements and provisions, if any, as contained
and/or delineated on the face of the Boeing Longacres Property, Binding Site Plan No. LUA-02-
022-BSP recorded in Volume 212, Pages 63 through 69, Volume 219, Pages 67 through 73 and
Volume 228, Pages 22 through 27, in King County, Washington.
25. Easement, including terms and provisions contained therein:
Recording Information: August 17, 2006, Recording No. 20060817000699
In Favor of: Puget Sound Energy, Inc., a Washington corporation
For: Transmission, distribution and sale of electricity
Affects: Tract C of Parcel II
26. Terms, covenants, conditions and restrictions as contained in recorded Lot Line Adjustment
(Boundary Line Revision) LUA-11-049-LLA :
Recorded: September 13, 2013
Recording Information: 20130913900001
(Affects Parcel I)
27. Easement, including terms and provisions contained therein:
Recording Information: November 21, 2013 as Recording No. 20131121000020
In Favor of: City of Renton
For: Slopes
Affects: Lot 10
28. The terms and provisions contained in the document entitled "Agreement Related to Easement
Rights" recorded December 6, 2013 as 20131206001378 of Official Records.
(Affects Parcel I)
29. Evidence of the authority of the officers of Longacres Park, Inc., a Washington corporation, to
execute the forthcoming instrument, copies of the current Articles of Incorporation, By-Laws and
certified copies of appropriate resolutions should be submitted prior to closing.
30. Evidence of the authority of the officers of Ryan Companies US, Inc., to execute the forthcoming
instrument, copies of the current Articles of Incorporation, By-Laws and certified copies of
appropriate resolutions should be submitted prior to closing.
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 8
First American Title Insurance Company
31. Matters of extended owner/purchaser coverage which are dependent upon an inspection and an
ALTA survey of the property for determination of insurability.
Please submit a copy of the ALTA Survey at your earliest convenience for review. Our inspection
will be held pending our review of the ALTA Survey and the result of said inspection will be
furnished by supplemental report.
32. Prior to issuance of an extended coverage policy, the Company will require an Owner's Affidavit
be completed and submitted to the Company for approval prior to closing. The Company
reserves the right to make any additional requirement as warranted.
33. Unrecorded leaseholds, if any, rights of vendors and security agreement on personal property
and rights of tenants, and secured parties to remove trade fixtures at the expiration of the term.
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 9
First American Title Insurance Company
INFORMATIONAL NOTES
A. Effective January 1, 1997, and pursuant to amendment of Washington State Statutes relating to
standardization of recorded documents, the following format and content requirements must be
met. Failure to comply may result in rejection of the document by the recorder.
B. Any sketch attached hereto is done so as a courtesy only and is not part of any title commitment
or policy. It is furnished solely for the purpose of assisting in locating the premises and First
American expressly disclaims any liability which may result from reliance made upon it.
C. The description can be abbreviated as suggested below if necessary to meet standardization
requirements. The full text of the description must appear in the document(s) to be insured.
Lot A, LUA-11-049-LLA, rec. 20130913900001 and Lots 10, 15, 16, 18, 19 & Tract C, BSP #LUA-
02-022-BSP, Vol. 212, pg. 63
APN: 088670-0090-05, 088670-0100-03, 088670-0150-02, 088670-0160-00, 088670-0180-06,
088670-0190-04, 088670-0380-04
D. A fee will be charged upon the cancellation of this Commitment pursuant to the Washington
State Insurance Code and the filed Rate Schedule of the Company.
END OF SCHEDULE B
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 10
First American Title Insurance Company
First American Title Insurance Company
National Commercial Services
COMMITMENT
Conditions and Stipulations
1. The term "mortgage" when used herein shall include deed of trust, trust deed, or other security
instrument.
2. If the proposed Insured has or acquires actual knowledge of a defect, lien, encumbrance,
adverse claim or other matter affecting the estate or interest or mortgage thereon covered by
this Commitment, other than those shown in Schedule B hereof, and shall fail to disclose such
knowledge to the Company in writing, the Company shall be relieved from liability for any loss or
damage resulting from any act or reliance hereon to the extent the Company is prejudiced by
failure to so disclose such knowledge. If the proposed Insured shall disclosure such knowledge
to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien,
encumbrance, adverse claim or other matter, the Company at its option, may amend Schedule B
of this Commitment accordingly, but such amendment shall not relieve the Company from liability
previously incurred pursuant to paragraph 3 of these Conditions and Stipulations.
3. Liability of the Company under this Commitment shall be only to the named proposed Insured
and such parties included under the definition of Insured in the form of Policy or Policies
committed for, and only for actual loss incurred in reliance hereon in undertaking in good faith
(a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in Schedule B,
or (c) to acquire or create the estate or interest or mortgage thereon covered by this
Commitment. In no event shall such liability exceed the amount stated in Schedule A for the
Policy or Policies committed for and such liability is subject to the Insuring provisions, exclusion
from coverage, and the Conditions and Stipulations of the form of Policy or Policies committed for
in favor of the proposed Insured which are hereby incorporated by references, and are made a
part of this Commitment except as expressly modified herein.
4. 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 or the lien of the Insured mortgage covered hereby or
any action asserting such claim, shall be restricted to the provisions and Conditions and
Stipulations of this Commitment.
Form WA-5 (6/76) File No.: NCS-748552-WA1
Commitment Page No. 11
First American Title Insurance Company
The First American Corporation
First American Title Insurance Company
National Commercial Services
PRIVACY POLICY
We Are Committed to Safeguarding Customer Information
In order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be
concerned about what we will do with such information particularly any personal or financial information. We agree that you have a right to know how
we will utilize the personal information you provide to us. Therefore, together with our parent company, The First American Corporation, we have
adopted this Privacy Policy to govern the use and handling of your personal information.
Applicability
This Privacy Policy governs our use of the information which you provide to us. It does not govern the manner in which we may use information we
have obtained from any other source, such as information obtained from a public record or from another person or entity. First American has also
adopted broader guidelines that govern our use of personal information regardless of its source. First American calls these guidelines its Fair
Information Values, a copy of which can be found on our website at www.firstam.com.
Types of Information
Depending upon which of our services you are utilizing, the types of nonpublic personal information that we may collect include:
• Information we receive from you on applications, forms and in other communications to us, whether in writing, in person, by
telephone or any other means;
• Information about your transactions with us, our affiliated companies, or others; and·
• Information we receive from a consumer reporting agency.
Use of Information
We request information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party. Therefore, we will not
release your information to nonaffiliated parties except: (1) as necessary for us to provide the product or service you have requested of us; or (2) as
permitted by law. We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such
information may be used for any internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of
nonpublic personal information listed above to one or more of our affiliated companies. Such affiliated companies include financial service providers,
such as title insurers, property and casualty insurers, and trust and investment advisory companies, or companies involved in real estate services, such
as appraisal companies, home warranty companies, and escrow companies. Furthermore, we may also provide all the information we collect, as
described above, to companies that perform marketing services on our behalf, on behalf of our affiliated companies, or to other financial institutions
with whom we or our affiliated companies have joint marketing agreements.
Former Customers
Even if you are no longer our customer, our Privacy Policy will continue to apply to you.
Confidentiality and Security
We will use our best efforts to ensure that no unauthorized parties have access to any of your information. We restrict access to nonpublic personal
information about you to those individuals and entities who need to know that information to provide products or services to you. We will use our best
efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy
Policy and First American's Fair Information Values. We currently maintain physical, electronic, and procedural safeguards that comply with federal
regulations to guard your nonpublic personal information.
c 2001 The First American Corporation - All Rights Reserved
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PARCEL I PARCEL II
This map may or may not be a survey of the land depicted hereon.You should not rely upon it for any purpose other than orientationto the general location of the parcel or parcels depicted. FirstAmerican Title expressly disclaims any liability for alleged loss ordamage which may result from reliance upon this map.
Reference No.: 748552
County: King
Tax ID: Refer to Title Report
Short Legal: Lots 10, 15, 16, 18, 19 and Tract C BSP Vol219 Pg67 & Vol228 Pg22 & A Portion of Lot A LLA #20130913900001
Location Map
Legend
PAR CEL I
PAR CEL II