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Home My WebLink AboutRL 20220225000834Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-1 of 10 Record Date:2/25/2022 1:48 PM Electronically Recorded King County, WA City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 PARTIAL RELEASE OF LEASE McDonald's Corporation, a Delaware corporation, being the Lessee, under that certain lease dated April 1, 1966, the memorandum of which was executed April 10, 1967 and recorded under King County Recording No. 6173175, which was later amended and supplemented, executed by Corner Investment Co., a Washington corporation, as Lessor, for and in sufficient nsideration release(s) from said lease all ri ht, fitle,. and interest in the acquisitions of the City of Renton set forth in the attached conveyance document, incorporated herein. This release shall not be construed to in any manner discharge, release or impair the effect of said lease upon any property other than die property specifically described herein. LPA-312 FA No. SU)(UL)- 1615(005) 10/2014 ftoject No. 0937 Page 1 Parcel No. 182305-9227 Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-2 of 10 Record Date:2/25/2022 1:48 PM King County, WA PAWFIAL RELEASE OF LEASE Accepted & Acknowledged LESSEE- MdDonald's Corporation I Date s/V z� ALA V2� C9 R- � � L— Title STATE OF o ss County of GIVEN under my hand and official seal the day and year last above written. BE= ................. ..... ....... 11 Ilia' IE SLOMKA Official Seal Notary Public - State of lifinois MY Commission Expires Jul 1, 2025 --- Notary Public in and for the State of residing at �L My commission expires ME FA No. S-M(UL)-1615(005) Project No. 0937 Parcel No. 182305-9227 Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-3 of 10 Record Date:2/25/2022 1:48 PM King County, WA A L RELEASE OF LEASE Accepted & Acknowledged LESSOR: Comer Investment Co. M M��°jy9 DgBtL Title W County of before purposesto me kj��i�r �to be the of the corporation that executed the foregoing instrument, owledged said instrument to be the free and voluntary act and deed of said corporation, for the uses and �the �a authorized to execute said instniment. 8�tim°'�9m9MpSpI tl I as t x® ,$��'�� 'lob Rq��A�.q TRY a PUBLIC ` A, %-KOM tom•°`° or ° N6tary Public in and for the State of Washington, residing at _-LIPX �--- FA No. S (Ul,)-161.5(005) Project No. 0937 Page 3 Parcel No, 182305-9227 Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-4 of 10 Record Date:2/25/2022 1:48 PM King County, WA After recording return document to: City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 PLEASE NiAKE NO MARK IN THE MARGIN SPACE - RESERVED FOR COUNTY RECORDER'S USE Grantor(s): 1. Comer Investment Co. 2. McDonald's Corporation Grantee(s): City of Renton Ugal Description: Ptn of SEC18, T23N, R5E, W.M. (Full Description on Page ti Assessor's Tax Parcel Number: 182305-9227 Reference Number of Related Documents: N/A i III ININIFIRINEI MISS i 1111, �� 1 1, 1 k we —31, UI J This Temporary Construction Easement (the "Construction Easement"), is made and entered into this day of F , 201��, by and between Corner Investment Co., Jhcqft a Washington corporation ("Grantor"), the City of Renton, a municipal corporation C'City" or "Grantee"), its successors and assigns, and McDonald's Corporation, a Delaware Corporation C'Lessee"). For Good and Valuable Consideration, receipt of which is hereby acknowledged, Grantor, as the owner of that certain real property legally described on Exhibit A — Entire Parcel (the "Property), attached hereto and incorporated by this reference and Lessee, as h **4heM611 under the imminent treat of the Grantee exercise of its right of Eminent Domain, a 375 square foot temporary easement for minor clearing and grubbing and excavation and fill and construction purposes in, on, over, through, and across the Property depicted on Exhibit B — Temporary Construction Easement C'Easement Area"), which is attached hereto and incorporated by this reference, for the purpose of completing roadway improvements; protecting existing public and private improvements in the immediate vicinity of the Project area; and repairing, restoring, and/or above. 1) Grantee will give written notice to Grantor and Lessee at least forty-eight (48) hours before beginning any work in the Easement Area, which notice will specify the work to Page I of ( 6 ) Pages Parcel No. 182305-9227 Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-5 of 10 Record Date:2/25/2022 1:48 PM King County, WA PLEASE MAKE NO MARK IN THE MARGIN SPACE - RESERVED FOR COUNTY RECORDER'S USE ONLY TEMPORARY CONST RUCTION EA be performed and a date when the work will be completed. Grantee will use its best efforts to complete the work by that date. 2) 'Unless otherwise agreed inwriting, immediately after Grantee completes any work in the Easement Area, Grantee will restore the Easement Area to the same or better condition as it was in before Grantee began the work, and to a safe condition, and will remove all of its equipment, tools, trash, and debris from the Easement f,rea. 3) Unless otherwise agreed in writing, Grantee will not move, remove, or demolish any of Grantor's or Lessee's signs, access drives, curbing or other improvements located within the Easement Area. 5) Grantee will perform all work in such a manner so as to not unduly disrupt the operation of the McDonald's restaurant on Grantor's property. Grantee will "cone off'no more than four (4) parking stalls at any one time, and will not "cone off' or block in any manner more than half of any access drive at any time, allowing at least one lane open at all times in each access drive for vehicular traffic. 6) Grantee will not park on or store any construction vehicles, equipment or materials within the Easement Area or on Grantor's other property. 7) If any damage occurs to Grantor's property or any improvements thereon arising out of, related to, or as a consequence of any of Grantee's work in the Easement Area, Grantor promptly will notify Grantee in writing of the damage. Unless otherwise agreed by the parties, Grantee will repair the damage (or commence and diligently pursue repairing the damage) within thirty (30) days after receipt of Grantor's notice. 8) The temporary rights granted in this Construction Easement shall be effective upon execution by the parties. The temporary rights granted to the Grantee shall automatically (ii) upon restoration of any existing improvements disturbed by the Grantee within the Easement Area, whichever is sooner, but in no event later, than December 31, 2024. 9) The Grantee agrees to hold harmless, indemnify and defend the Grantor and Lessee from and against any and all claims, losses, or liability, for injuries, sickness, or death of persons, including employees of the Grantee, or damage to property, arising out of the exercise of Grantee's rights under this Construction Easement or any willful misconduct or contractors, subcontractors, Page 2 of ( 7 ) Pages Parcel No. 182305-9227 Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-6 of 10 Record Date:2/25/2022 1:48 PM King County, WA PLEASE MAKE NO MARK IN THE MARGIN SPACE -RESERVED FOR COUNTY RECORDER'S USE ONLY T—E-AT --- 0—R-ARY C ONSTRUCTION Hcensees, or employees, in connection with the Grantee's activities authorized by thLs- Construction Easement, provided, however, that: (a) The Grantee's obligations to indemnify, defend and hold harmless shall not extend to injuries, sickness, death, or damage caused by or resulting from the sole willful misconduct or sole negligence of the Grantor or Lessee; and (b) The Grantee's obligations to indemnify, defend, and hold harmless for injuries, sickness, death, or damage caused by or resulting from the concurrent negligence or willful misconduct of the Grantee and the Grantor and/or the Lessee, or of the Grantee and a third party other than an officer, agent, contractor, or employee of the Grantee, shall apply only to the extent of the negligence or willful misconduct of the Grantee (including an officer, agent, contractor, or employee of the Grantee). It is the intention of the parties that this document be strictly limited to and for the purposes expressed. This Construction Easement and covenants herein shall be recorded with the King a t#vmay their successors, heirs, and assigns. Grantor covenants that it is the lawful owner of the above -described property and has authority to convey such Construction Easement. Lessee covenants that it has authority to convey such Construction Easement. It is understood and agreed that delivery of this Construction Easement is hereby tendered and that the terms and obligations hereof shalJ not become binding upon the City of Renton, unless and until accepted and approved hereon in writing by the City of Renton. F4-1-, ( Dated: o 20,2 �Z— Page 3 of ( 7 ) Pages Parcel No. 182305-9227 PLEASE MAKE NO MARKIN THE MARGIN SPACE -RESERVED FOR COUNTY RECORDER'S USE ONLY Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-7 of 10 Record Date:2/25/2022 1:48 PM King County, WA PLEASE MAKE NO MARKTN THE MARGrN SPACE - RESERVED FOR. COW4T°Y RECORDER'S USE ONLY TEMPORARY CONs'rRuCTION EASEMENT Its L1t e, ( � Date Fags 4 o ( 7 ) Pages Parcel No. 1.82305-9227 PLEASE MAKE NO hntifiK IN THE MARGIN SPACE - RESERVED FOR. COLM'Y RECORDER'S USE ONLY. Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-8 of 10 Record Date:2/25/2022 1:48 PM King County, WA PLEASE MAKE NO MARK IN THE MARGIN SPACE -RESERVED FOR COUNTY RECORDER'S USE ONLY TT,MPORARY CONSTRUCTION CORPORA 7F,, A C KNO RZ ED GMENT STATE OF __:Ll COUNTY OF A I certify that I know or have satisfactory evidence that ) � I �o �aL, � is the person who appeared before me, and said person acknowledged that they signed this instrument, on oath stated that they were authorimd to execute the instrument and acknowledged it as the of r , C� Jto be their free and voluntary act of such party for the uses and purposes mentioned iri the instrument, I certify that I know or have satisfactory evidence that c : 7�� is the person who appeared before me, and said person acknowledged ffidt they signed this instrument, on oath stated that they were authorized to execute the instrument and acknowledged it as the of to be their free and voluntary act of such party for the uses and purposes mentioned in the instrument. DA'fED this m day of L44-�) 20—U—. _ (SEAL) Notary Public N MER TPrinted Name gOARY iding at Res PUBLV n. z expires -�z $ My appointment exp EM, "01"S%P WAS\* Page 5 of ( 7 ) Pages Parcel No. 182305-9227 PLEASE MAKE NO MARK IN THE MARGfN SPACE - RESERVED FOR COUNTY RECORDER'S USE ONLY Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-9 of 10 Record Date:2/25/2022 1:48 PM King County, WA PLEASE MAKF NOMARK IN THE MARGIN SPACE - RESERVED rOR COUNTY RECORDER'S USE ONLY TEMPORARY CONSTRUCTION EASEMENT EXHWIT A - ENTIRE PARCEL Ira ION "4111affivim''11111101H.Wal 0152M THAT PORTION OF SECT10N 18, TOWNSHIP 23 NORTH. RANGE 5 EAST W M- IN VJNG COUNTY, WASHINGTON LYING WITHIN THE BED AND SHORES OF THE BLACK PJVER AND THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER, DESCRIBED AS FOLLOWS LESS, TO THE TRUE POINT OF BEGINNING� EXCEPT THE FOLLOWING DESCRWEDTRACT OF LAND' SffUATE W THE COUNTY OF KING, STATE OF WASHINGTON Page 6 of ( 7 ) Pages Parcel No. 182305-9227 PLEASE MAKE NO MARK IN THE MARGIN SPACE - RESERVED FOR COUNTY RECORDER'S USE ONLY Instrument Number: 20220225000834 Document:PREL Rec: $212.50 Page-10 of 10 Record Date:2/25/2022 1:48 PM King County, WA PLEASE MAKE NO MARK IN THE MARGIN SPACE - RESERVED rOR COUNTY RECORDER'S USE ONLY TEMPORARY CONSTRUCTION EASEMENT LAW "a �4-k EXHIBIT Ma ' C. 182305-9227 TEMPORARY CONSTRUCTION EASEMENT Page 7 of ( 7 ) Pages wxffl� wfflvmam��;k #wM I KIS. Parcel No. 182305-9227