HomeMy WebLinkAboutL_1_11-18-19C t
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11201 SE 8th St, Suite 200
Bellevue, WA 98004
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Phone: (425) 646-3510Fax:
WWW W. C W T I T L E .NET
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(425) 646-3513
August 3, 2018
Eric Komarniski
2621 Meadow PI N
Renton, WA 98056
Reference No.(s):
Order No.: 40215743-T35
Property Address: 2621 Meadow Place N and 1308 N. 26th St., Renton, WA 98056
Buyer/ Borrowers:
Seller(s): Eric Komarniski
In connection with the above referenced Order, enclosed please find the following documentation:
• Subdivision Guarantee
(TITLE
4RESOURCES
Order No.: 40215743
Subdivision Guarantee Face Page
Guarantee No.: 40215743
Liability:
$2,500.00
Charge:
$ 400.00
Tax:
$ 40.00
Total:
$ 440.00
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.
Title Resources Guaranty Company
a corporation here in 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.
Date: July 25, 2018 at 8:00 am
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TRGC Form No.: 2647 Subdivision Guarantee
seastary
somas Guaranty Company
Guarantee Conditions and Stipulations (09-12-08)
SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE
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.
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), (C) 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 created, 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 judicial 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 writing
executed by the Company.
(b) "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, roads, avenues, alleys, lanes, ways or waterways.
(c) 'mortgage": mortgage, deed of trust, trust deed, or other security instrument.
(d) "public records": records established under state statutes at Date of Guarantee for the purpose of
imparting constructive notice 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 case
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 cost, 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.
(b) 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 so 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 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.
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 (90) 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 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 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 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.
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
Iienholder, 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 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 Company upon
payment of the purchase price.
TRGC Form No.: 2647 Subdivision Guarantee
10
11
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 Otherwise 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 terminate, including any obligation to continue the defense or prosecution of any litigation for
which the Company has exercised its options under Paragraph 4.
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 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 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.
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.
(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 or 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.
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.
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.
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 not 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 involving
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.
TRGC Form No.: 2647 Subdivision Guarantee
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 Land Title Association. Arbitrable matters may include, but are
not limited to, any controversy or claim between the Company and the 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 $2,000,000 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
$2,000,000 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 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.
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 the Company at 8111 LBJ Freeway, Ste.
1200, Dallas, TX 75251, or trgcclaims@trgc.com.
TRGC Form No.: 2647 Subdivision Guarantee
TITLE
RES OU RC E
Order No.: 40215743
1. Name of Assured:
Eric L. Komarniski
2. Date of Guarantee:
July 25, 2018 at 8:00 am
Subdivision Guarantee
Issued By
Title Resources Guaranty Company
Schedule A
Liability:
Charge:
Tax:
Total:
3. The assurances referred to on the face page hereof are:
$2,500.00
$ 400.00
$ 40.00
$ 440.00
Guarantee No.: 40215743
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.
b. Title to the estate or interest in the land is vested in:
Eric L. Komarniski and Kathleen A. Eskew, husband and wife as to parcel A and David Michael
Smith, who also appears of record as D. Michael Smith and Barbara Jean Smith, husband and wife
as to parcel B
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:
1. (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.
TRGC Form No.: 2647 Subdivision Guarantee Page 1
File No.: 40215743-800-T35 Guarantee No.: 40215743-1-E
SCHEDULE A
(Continued)
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.: 0523059045
YEAR BILLED PAID BALANCE
2018 $14,624.74 $7,312.37 $7,312.37
TOTAL AMOUNT DUE, NOT INCLUDING INTEREST AND PENALTY: $7,312.37.
LEVY CODE: 2100
ASSESSED VALUE LAND: $338,000.00
ASSESSED VALUE IMPROVEMENTS: $812,000.00
TOTAL ASSESSED VALUE $1,150,000.00
(AFFECTS PARCEL A)
3. 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.: 0523059038
YEAR BILLED PAID BALANCE
2018 $8,306.62 $4,153.31 $4,153.31
TOTAL AMOUNT DUE, NOT INCLUDING INTEREST AND PENALTY: $4,153.31.
LEVY CODE: 2100
ASSESSED VALUE LAND: $450,000.00
ASSESSED VALUE IMPROVEMENTS: $194,000.00
TOTAL ASSESSED VALUE $644,000.00
(AFFECTS PARCEL B
THE FOLLOWING EXCEPTIONS AFFECT PARCEL A:
4. EASEMENT AND THE TERMS AND CONDITIONS THEREOF:
PURPOSE: ROADS, ALLEYS DRIVEWAY PURPOSES AND AS A MEANS OF INGRESS AND
EGRESS
AREA AFFECTED: A PORTION OF SAID PREMISES
RECORDING NO. 4463553
5. EASEMENT AND THE TERMS AND CONDITIONS THEREOF:
GRANTEE: PUGET SOUND ENERGY
PURPOSE: UTILITY SYSTEMS
AREA AFFECTED: A PORTION OF SAID PREMISES
RECORDED: MAY 18, 2016
RECORDING NO.: 20160518001082
TRGC Form No.: 2647 Subdivision Guarantee Page 2
File No.: 40215743-800-T35
SCHEDULE A
(Continued)
DEED OF TRUST AND THE TERMS AND CONDITIONS THEREOF:
Guarantee No.: 40215743-1-E
GRANTOR:
ERIC L. KOMARNISKI AND KATHLEEN A ESKEW, HUSBAND AND WIFE
TRUSTEE:
NORTHWEST TRUSTEE SERVICES LLC
BENEFICIARY:
WELLS FARGO BANK, N.A.
ORIGINAL AMOUNT:
$450,000.00
DATED:
SEPTEMBER 08, 2017
RECORDED:
SEPTEMBER 13, 2017
RECORDING NO.:
20170913000794
THE FOLLOWING EXCEPTIONS AFFECTS PARCEL B:
7. ALL COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS, EASEMENTS OR OTHER SERVITUDES, IF
ANY, DISCLOSED BY THE SHORT PLAT RECORDED UNDER RECORDING NO. 7904189013.
THIS POLICY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHEDULE A IS BENEFITED BY EASEMENTS,
COVENANTS OR OTHER APPURTENANCES SHOWN ON THE PLAT OR SURVEY TO BENEFIT OR BURDEN REAL
PROPERTY OUTSIDE THE BOUNDARIES OF SAID LAND.
E:�►[�7�:[�L�Ce�:::��:1:3�[�1_1►1��::L�:�:7u6Y_1►1�Z�Ii7►1��ItM[i1►6�::1�:7xil�l
RECORDED: APRIL 18, 1979
RECORDING NO.: 7904180869
REGARDING: NO PROTEST AGREEMENT
9. EASEMENT AGREEMENT AND RESTRICTIVE COVENANT AND THE TERMS AND CONDITIONS THEREOF:
RECORDED: AUGUST 21, 1992
RECORDING NO.: 9208210049
10. MATTERS SET FORTH BY SURVEY (LOT LINE ADJUSTMENT)
RECORDED: MAY 13, 1992
RECORDING NO.: 9205139003
11. DEED OF TRUST AND THE TERMS AND CONDITIONS THEREOF:
GRANTOR:
DAVID MICHAEL SMITH AND BARBARA JEAN SMITH, HUSBAND AND WIFE
TRUSTEE:
TICOR TITLE
BENEFICIARY:
MERS IS MORTGAGE ELECTRONIC REGISTRATION SYSTEMS ACTING SOLELY
AS NOMINEE FOR LENDER SUCCESSORS AND ASSIGNS. LENDER IS: COBALT
MORTGAGE INC.
ORIGINAL AMOUNT:
$403,000.00
DATED:
DECEMBER 08, 2011
RECORDED:
DECEMBER 19, 2011
RECORDING NO.:
20111219000905
TRGC Form No.: 2647 Subdivision Guarantee Page 3
File No.: 40215743-800-T35 Guarantee No.: 40215743-1-E
SCHEDULE A
(Continued)
NOTE 1: IN THE PAST 36 MONTHS, THERE HAVE BEEN NO CONVEYANCES OF RECORD FOR THE PROPERTY
DESCRIBED IN SCHEDULE A HEREIN. TITLE WAS ACQUIRED BY DEEDS RECORDED UNDER
RECORDING NOS. 20140508001420 (PARCEL A) AND 8604150864 (PARCEL B / AS TO PORTION AND
9205130668 (PARCEL B / AS TO REMAINDER).
NOTE 2: BASED ON INFORMATION PROVIDED TO THE COMPANY, ON THE DATE OF THIS COMMITMENT IT
APPEARS THAT THERE IS LOCATED ON THE LAND:
KNOWN AS:
2621 MEADOW PLACE N AND 1308 N. 26TH ST.
RENTON, WA 98056
(PARCEL A)
AND
1308 N. 26TH ST.
RENTON, WA. 98056
(PARCEL B)
NOTE 3: THE FOLLOWING WILL BE AN ACCEPTABLE ABBREVIATED LEGAL DESCRIPTION FOR THE RECORDING
COVER PAGE ONLY, IN COMPLIANCE WITH THE RECORDING STATUTE:
PTN NW 1/4 5-23-5E
TRS
Enclosures:
Sketch / Map
Vesting Deed
All Recorded Exceptions
TRGC Form No.: 2647 Subdivision Guarantee Page 4
14TITLE
RESOURCES
File No.: 40215743-800-T35
Subdivision Guarantee
Issued By
Title Resources Guaranty Company
EXHIBIT A
LEGAL DESCRIPTION
Guarantee No.: 40215743-1-E
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF KING, STATE OF
WASHINGTON, AND IS DESCRIBED AS FOLLOWS:
PARCEL A:
THAT PORTION OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION
5, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON,
DESCRIBED AS FOLLOWS:
BEGINNING AT THE MOST EASTERLY CORNER OF TRACT 30 OF ELDON ACRES, ACCORDING
TO PLAT RECORDED IN VOLUME it OF PLATS, PAGE 86, KING COUNTY, WASHINGTON;
THENCE EASTERLY ALONG THE PRODUCTION OF THE NORTHERLY LINE OF SAID TRACT 30
TO THE CENTER LINE OF COLUMBIA AND PUGET SOUND RAILROAD RIGHT OF WAY AS
SHOWN ON SAID PLAT;
THENCE SOUTHERLY ALONG SAID CENTER LINE 114.00 FEET TO THE TRUE POINT OF
BEGINNING;
THENCE WESTERLY PARALLEL WITH THE PRODUCTION OF THE NORTHERLY LINE OF SAID
TRACT 30 TO THE WESTERLY LINE OF SAID RIGHT OF WAY;
THENCE NORTHERLY ALONG THE WESTERLY LINE OF SAID RIGHT OF WAY 100.00 FEET;
THENCE EASTERLY PARALLEL WITH THE PRODUCTION OF THE NORTHERLY LINE OF SAID
TRACT 30 TO THE CENTER LINE OF SAID RIGHT OF WAY;
THENCE SOUTHERLY ALONG SAID CENTER LINE TO THE TRUE POINT OF BEGINNING.
PARCEL B:
THAT PORTION OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION
5, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON
DESCRIBED AS FOLLOWS:
BEGINNING AT THE INTERSECTION OF THE WESTERLY EXTENSION OF THE NORTH LINE OF
SOUTHEAST 98TH STREET, FORMERLY ELSON AVENUE, WITH THE CENTERLINE OF THE
RIGHT OF WAY OF THE COLUMBIA AND PUGET SOUND RAILROAD COMPANY AS SHOWN ON
THE PLAT OF ELDON ACRES, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 11
OF PLATS PAGE 86, RECORDS OF KING COUNTY, WASHINGTON;
THENCE WEST ALONG SAID EXTENDED LINE 105 FEET, MORE OR LESS, TO THE WESTERLY
LINE OF SAID RIGHT OF WAY;
THENCE NORTHEASTERLY ALONG SAID RIGHT OF WAY LINE 175 FEET, MORE OR LESS, TO
THE NORTHEAST CORNER OF TRACT 30 OF SAID PLAT;
THENCE EAST ALONG THE EXTENDED NORTH LINE OF SAID TRACT 100 FEET, MORE OR
LESS, TO THE CENTERLINE OF SAID RIGHT OF WAY;
THENCE SOUTHWESTERLY ALONG SAID CENTERLINE 175 FEET, MORE OR LESS, TO THE
POINT OF BEGINNING;
TRGC Form No.: 2647 Subdivision Guarantee Page 1
File No.: 40215743-800-T35
EXHIBIT A
(Continued)
Guarantee No.: 40215743-1-E
EXCEPT THE NORTHERLY 114 FEET THEREOF MEASURED ALONG THE EASTERLY AND
WESTERLY LINES THEREOF;
TOGETHER WITH A PORTION OF FLORENCE MCWILLIAMS SHORT PLAT AS RECORDED IN
VOLUME 17, PAGE 259, RECORDS OF KING COUNTY, WASHINGTON, DESCRIBED AS
FOLLOWS:
BEGINNING AT THE SOUTHEAST CORNER OF LOT "A" IN SAID SHORT PLAT;
THENCE NORTH 89003'45" WEST ALONG THE NORTH MARGIN OF NORTH 26TH STREET, A
DISTANCE OF 87.23 FEET TO THE POINT OF BEGINNING;
THENCE CONTINUING ALONG SAID NORTH MARGIN OF NORTH 26TH STREET, ON A
BEARING OF NORTH 89003'45" WEST, A DISTANCE OF 4.45 FEET;
THENCE NORTH 18016'02" EAST, A DISTANCE OF 87.25 FEET;
THENCE SOUTH 89003'45" EAST, A DISTANCE OF 4.45 FEET;
THENCE SOUTH 18016'02" WEST, A DISTANCE OF 87.25 FEET TO THE TRUE POINT OF
BEGINNING.
SITUATE in the CITY OF Renton, County of King, STATE OF WASHINGTON.
APN: 0523059045, 0523059038
THE ADDRESS FOR THE EXHIBIT "A" ABOVE IS AS FOLLOWS:
2621 Meadow Place N and 1308 N. 26th St. Renton, WA 98056
THE PROPERTY ADDRESS SHOWN ABOVE IS NOT PART OF THE LEGAL DESCRIPTION
FOR THE TITLE TO THE LAND TO BE INSURED.
TRGC Form No.: 2647 Subdivision Guarantee Page 2