HomeMy WebLinkAboutItem 9 Title Guarantee Talbot HillSUBDIVISION
Guarantee/Certificate Number:
Issued By:
0023638-06
Subdivision Guarantee/Certificate Printed: 09.24.14 @ 06:46AM
Page 1 WA-CT-FNSE-02150.622476-SPS-1-14-0023638-06
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
David Evans & Associates, Inc.
herein called the Assured, against actual loss not exceeding the liability amount stated in Schedule A which the Assured
shall sustain by reason of any incorrectness in the assurances set forth in Schedule A.
LIABILITY EXCLUSIONS AND LIMITATIONS
1. 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.
2. The Company’s liability hereunder shall be limited to the amount of actual loss sustained by the Assured because of
reliance upon the assurance herein set forth, but in no event shall the Company’s liability exceed the liability amount
set forth in Schedule A.
Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee. If you
wish additional liability, or assurances other than as contained herein, please contact the Company for further information
as to the availability and cost.
Chicago Title Company of Washington
701 5th Avenue, Suite 2300
Seattle, WA 98104
Chicago Title Insurance Company
By:
Countersigned By:
Authorized Officer or Agent
President
Attest:
Secretary
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0023638-06
ISSUING OFFICE:
Title Officer: Commercial / Unit 6
Chicago Title Company of Washington
701 5th Avenue, Suite 2300
Seattle, WA 98104
Main Phone: (206)628-5610
Email: CTISeaTitleUnit6@ctt.com
SCHEDULE A
Subdivision Guarantee/Certificate Printed: 09.24.14 @ 06:46AM
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Liability Premium Tax
$1,000.00 $350.00 $33.25
Effective Date: September 16, 2014 at 08:00AM
The assurances referred to on the face page are:
That, according to those public records which, under the recording laws, impart constructive notice of matter relative to
the following described property:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
Title to said real property is vested in:
Puget Sound Energy, Inc., a Washington corporation, successor in interest to Puget Sound Power & Light Company
which acquired title as Puget Sound Traction, Light & Power Company
subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their
priority.
END OF SCHEDULE A
EXHIBIT "A"
Legal Description
Subdivision Guarantee/Certificate Printed: 09.24.14 @ 06:46AM
Page 3 WA-CT-FNSE-02150.622476-SPS-1-14-0023638-06
Parcel A:
The Southwest quarter of the Northeast quarter of Section 20, Township 23 North, Range 5 East, Willamette Meridian, in
King County, Washington;
Except that portion thereof lying Northerly of the Bonneville Power Administration easement as established by instrument
recorded under recording no. 3560496 and Southerly of the Puget Sound Power & Light Company (now Puget Sound
Energy, Inc.) 50 foot wide Intermountain Power Line No. 2 right of way; and
Except that portion thereof lying within the Puget Sound Power & Light Company (now Puget Sound Energy, Inc.) 200 foot
wide Shuffleton No. 1 & 2 right of way.
Parcel B:
That portion of the Southeast quarter of the Northeast quarter of Section 20, Township 23 North, Range 5 East, Willamette
Meridian, in King County, Washington, lying Westerly of the 66 foot wide City of Seattle Cedar River pipeline right of way
as established pursuant to decree entered in King County Superior Court Cause No. 24650;
Also,
That portion of said subdivision lying Northerly of the Southerly line of the Bonneville Power Administration easement as
established by instrument recorded under recording no. 3560496 and Easterly of the 66 foot wide City of Seattle Cedar
River pipeline right of way as established pursuant to decree entered in King County Superior Court Cause No. 24650.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0023638-06
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 09.24.14 @ 06:46AM
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SPECIAL EXCEPTIONS
1.Easement(s) for the purpose(s) shown below and rights incidental thereto as condemned in:
Court: King County Superior Court
Case No.: 24650
In favor of: City of Seattle
Purpose: Pipe line right of way
Affects: Portion of said premises and other property lying within a strip of land 66 feet in width
2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Reconstruction Finance Corporation
Purpose: Transmission line and appurtenances
Recording Date: April 18, 1946
Recording No.: 3560496
Affects: Portions of said premises and other property lying within a strip of land 200 feet in width
The interest of Reconstruction Finance Corporation under said easement was conveyed/assigned to The City of
Seattle by deed recorded under recording no. 3664560.
3.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: United States of America
Purpose: One or more electric power transmission lines and appurtenances
Recording Date: July 5, 1960
Recording No.: 5178076
Affects: Portion of Parcel B as described in document
4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: City of Seattle, a municipal corporation
Purpose: Transmission line
Recording Date: September 26, 1961
Recording No.: 5333805
Affects: A Southerly portion of said premises and other property lying within a strip of land 100 feet in
width
5.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Puget Sound Power & Light Company
Purpose: Electric transmission line and appurtenances
Recording Date: November 10, 1964
Recording No.: 5809795
Affects: A Southerly portion of Parcel B as described in document
Note: Said easement appears to contain an erroneous legal description.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0023638-06
SCHEDULE B
(continued)
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6.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Olympic Pipe Line Company
Purpose: Construction, maintenance and operation of a petroleum pipe line
Recording Date: October 26, 1973
Recording No.: 7310260495
Affects: Portion of Parcel A lying within a strip of land 10 feet in width as described and delineated in
document
Said easement was modified by amendment thereto recorded under recording no. 7410310307.
7.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Olympic Pipe Line Company
Purpose: Construction, maintenance and operation of a petroleum pipe line
Recording Date: October 26, 1973
Recording No.: 7310260496
Affects: Portion of said premises lying within a strip of land 10 feet in width as described and
delineated in document
8.Easement(s) for the purpose(s) shown below and rights incidental thereto, as disclosed by the King County
Assessor's map:
In favor of: Puget Sound Power & Light Company
Purpose: Transmission line(s) - Beverly No. 1 and Intermountain Power Line No. 2
Affects: Northerly portions of Parcels A and B lying within strip(s) of land having 150 feet in total width,
as delineated
9.Liquid Petroleum Products Pipe Line Permit Agreement
Between: The City of Seattle, a municipal corporation
And: Olympic Pipe Line Company, a Delaware corporation
Recording Date: February 14, 1975
Recording No.: 7502140608
10.Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
11.Special taxes for surface water management and/or other special charges: 1st half delinquent May 1st, 2nd half
delinquent November 1st:
Year: 2014
Amount billed: 12.70
Amount paid: 12.70
Amount due: 0.00
Tax Account Number: 202305-9003-02
Levy code: 2100
Affects: Parcel A
The general real estate taxes are assessed as operating property under a master tax account. We are unable at
this time to access this master tax account information.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0023638-06
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 09.24.14 @ 06:46AM
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12.Special taxes for surface water management and/or other special charges: 1st half delinquent May 1st, 2nd half
delinquent November 1st:
Year: 2014
Amount billed: 9.13
Amount paid: 9.13
Amount due: 0.00
Tax Account Number: 202305-9066-06
Levy code: 2100
Affects: Parcel B
The general real estate taxes are assessed as operating property under a master tax account. We are unable at
this time to access this master tax account information.
13.Mortgage, upon and subject to all of the provisions therein contained, to secure the payment of a bond issue of
$12,501,000.00:
Dated: June 2, 1924
Recorded: June 28, 1924
Recording No.: 1887814
Volume: 894 of Mortgages, Page 338
Mortgagor: Puget Sound Power & Light Company, a Massachusetts corporation
Mortgagee: Old Colony Trust Company, a Massachusetts corporation of Boston
Said mortgage covers all real and personal property, rights, privileges, easements, licenses and franchises and all
other property of every nature whatsoever owned or hereafter acquired by first party AND mortgages supplemental
thereto.
14.Trust Deed, upon and subject to all of the provisions therein contained, to secure payment of an issue of bonds in
the sum of $36,500,000.00:
Dated: December 1, 1942
Recorded: April 12, 1943
Recording No.: 3302705
Volume: 1857 of Mortgages, Page 73
Mortgagor: Puget Sound Power & Light Company, a Massachusetts corporation
Mortgagee: Seattle First National Bank of Seattle, as Co-Trustee, and Old Colony Trust Company, a
Massachusetts corporation of Boston, as Trustee
Note: Said Trust Deed covers certain property, and any other property thereafter acquired that shall become
subject to the original mortgage or deed of trust and mortgages supplemental thereto.
Assigned to: Old Colony Trust Company
Recording No.: 3518774
15.Any unrecorded leaseholds, right of vendors and holders of security interests on personal property installed upon
the Land and rights of tenants to remove trade fixtures at the expiration of the terms.
16.Question of legal access. There does not appear to be any recorded easement for ingress and egress from said
premises to a public road.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0023638-06
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 09.24.14 @ 06:46AM
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17.Your application for title insurance was placed by reference to only a street address or tax identification
number. Based on our records, we believe that the legal description in this report covers the parcel(s) of
Land that you requested. If the legal description is incorrect, the seller/borrower must notify the Company
and/or the settlement company in order to prevent errors and to be certain that the correct parcel(s) of
Land will appear on any documents to be recorded in connection with this transaction and on the policy
of title insurance.
Note: FOR INFORMATIONAL PURPOSES ONLY:
The following may be used as an abbreviated legal description on the documents to be recorded, per Amended
RCW 65.04.045. Said abbreviated legal description is not a substitute for a complete legal description within the
body of the document:
Portions of the South half of the Northeast quarter of Section 20-23-5.
Tax Account No.: 202305-9003-02 and 202305-9066-06
Note: Any map furnished with this Guarantee/Certificate is for convenience in locating the land indicated herein
with reference to streets and other land. No liability is assumed by reason of reliance thereon.
END OF SCHEDULE B