HomeMy WebLinkAbout17254-T-Title-2014-12-26SUBDIVISION
Guarantee/Certificate Number:
Issued By:
0030466-ETU
Subdivision Guarantee/Certificate Printed: 01.07.15 @ 08:10AM
Page 1 WA-CT-FNSE-02150.622475-SPS-1-15-0030466-ETU
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Contour Engineering LLC
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
10500 NE 8th St., Suite 600
Bellevue, WA 98004
Chicago Title Insurance Company
By:
Countersigned By:
Authorized Officer or Agent
President
Attest:
Secretary
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0030466-ETU
ISSUING OFFICE:
Title Officer: Eastside Title Unit
Chicago Title Company of Washington
10500 NE 8th St., Suite 600
Bellevue, WA 98004
Main Phone: (425)646-9883
Email: CTIBellevueETU@ctt.com
SCHEDULE A
Subdivision Guarantee/Certificate Printed: 01.07.15 @ 08:10AM
Page 2 WA-CT-FNSE-02150.622475-SPS-1-15-0030466-ETU
Liability Premium Tax
$0.00 $350.00 $33.25
Effective Date: December 26, 2015 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:
KBS III, LLC, a Washington limited liability 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: 01.07.15 @ 08:10AM
Page 3 WA-CT-FNSE-02150.622475-SPS-1-15-0030466-ETU
The north half of the north half of the Southwest Quarter of the Northwest Quarter of the Southwest Quarter of Section 32
in Township 23 North, Range 5 East, Willamette Meridian, in King County, Washington;
Except portion lying thereof within 102nd Avenue S.E. right of way.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0030466-ETU
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 01.07.15 @ 08:10AM
Page 4 WA-CT-FNSE-02150.622475-SPS-1-15-0030466-ETU
SPECIAL EXCEPTIONS
1.Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
2.Exceptions and reservations contained in deed:
From: Pacific Coast Coal Company
Recording Date: January 30, 1945
Recording No.: 3444206
As follows: all coal and mineral rights of every nature whatsoever, in said lands, and the right to dig, mine,
excavated, carry away, sell and dispense of such coal and minerals as may be found therein, without liability for
any loss or damage due to subsidence of the soil or arising in any manner out of mining operations that have been
or may hereafter be carried on in said land, whether said subsidence be caused by negligently carrying on said
mining operations or otherwise.
Said instrument is a re-recording of instrument recorded under recording number 3377621.
3.Agreement and the terms and conditions thereof:
Executed by: KBS III LLC and Steven Blomquist and Sharyl Blomquist, husband and wife
Recording Date: October 9 and 22, 2013
Recording No.: 20131009000726 and 20131022001138
Regarding: a terminable license in favor of the Blomquists with respect to use of the KBS portion of the
boundary-straddling lawn
4.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half
delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties):
Year: 2015
Tax Account No.: 322305-9097-05
Levy Code: 2128
Assessed Value-Land: $269,000.00
Assessed Value-Improvements: $161,000.00
General and Special Taxes: Not yet available
Note: Taxes for 2014 in the amount of $5,323.25 have been paid.
5.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $142,900.00
Dated: December 7, 2001
Trustor/Grantor: Kolin B. Taylor and Anavadya Faith Taylor, aka Jacki F. Taylor, husband and wife, and Robert
W.Ruddell and Susan L. Ruddell, husband and wife, and Solomon V. Avzaradel and Mary Bran Avzaradel,
husband and wife
Trustee: DCBL, Inc.
Beneficiary: Mortgage Electronic Registration Systems Inc. as nominee for Homecomings Financial
Network, Inc.
Loan No.: 54103
Recording Date: December 11, 2001
Recording No.: 20011211001570
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 0030466-ETU
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 01.07.15 @ 08:10AM
Page 5 WA-CT-FNSE-02150.622475-SPS-1-15-0030466-ETU
6.Terms and conditions of the limited liability company agreement for KBS III LLC.
END OF EXCEPTIONS
NOTES
The following matters will not be listed as Special Exceptions in Schedule B of the policy. There will be no coverage for
loss arising by reason of the matters listed below because these matters are either excepted or excluded from coverage or
are not matters covered under the insuring provisions of the policy.
Note A:Note: Any map furnished with this Guarantee 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.
Note B: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:
Ptn. NW 1/4 SW 1/4 Sec. 32, Twn. 23 N, Rge. 5 E
Tax Account No.: 322305-9097-05
END OF NOTES
END OF SCHEDULE B