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HomeMy WebLinkAbout07-L-Title Report-2022-06-29-TPN 334390-1187ATTACHED TO GUARANTEE NO.: SGW 08003691 WASHINGTON SUBDIVISION GUARANTEE COVER PAGE Page 1 of 8 Pages ORT Form 5321-WA Adopted 06/05/14 ORDER NO.:21-108404 LIABILITY:$1,000.00 FEE:$300.00 TAX:$30.00 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, AND THE GUARANTEE CONDITIONS ATTACHED HERETO AND MADE A PART OF THIS GUARANTEE, OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Florida corporation, herein called the Company, GUARANTEES the Assured named in Schedule A against actual monetary loss or damage not exceeding the liability stated in Schedule A, which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. Equity Title of Washington, LLC Countersigned: By Validating Officer OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY A Corporation 400 Second Avenue South, Minneapolis, Minnesota 55401 (612) 371-1111 Page 2 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 ATTACHED TO GUARANTEE NO.: SGW 08003691 WASHINGTON SUBDIVISION GUARANTEE SCHEDULE A ORDER NO.:21-108404 LIABILITY:$1,000.00 FEE:$300.00 TAX:$30.00 DATED:June 29, 2022 A. Name of Assured: Cairncross & Hempelmann The assurances referred to on the face page are: B. Title to the real property described herein is vested in: Alex J. Milroy, as a separate estate C. There are no easements, leases, options to purchase, mortgages, or deeds of trust which purport to affect said land, other than those shown as follows: 1. Matters relating to block dimensions and plat and street dedication to the public, as set forth on the Plat of C.D. Hillman's Lake Washington Garden of Eden Division No. 4. 2. City of Renton Right of Way for Blaine Avenue NE, as set forth and conveyed in deed recorded under Recording No. 8712010918. 3. Terms and provisions contained in Ordinance/Resolution No. 4920 Blaine Ave NE SAD, recorded on January 4, 2002, under Recording No. 20020104002321, of Official Records. 4. Property Taxes and charges: Tax Year: 2022 Tax Type: County Tax ID No.: 3343901187 Taxing Entity: KING COUNTY TREASURER Total Annual Tax: $5,633.62 First Installment: $2,816.81 First Installment Status: Paid Page 3 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 First Installment Due/Paid Date: April 30, 2022 First Installment Delinquent Date: May 1, 2022 Second Installment: $2,816.81 Second Installment Status: Due Second Installment Due/Paid Date: October 31, 2022 Second Installment Delinquent Date: November 1, 2022 Assessed Value: $501,000.00 Levy Code: 2100 - Renton Notes:View Taxes 5. A Deed of Trust Against: Alex J. Milroy, a single man(borrower) In Favor Of: FirstBank (lender) Trustee: Chicago Title Insurance Company Amount: $280,500.00 Dated: December 23, 2016 Recorded: January 11, 2017, in 20170111000334, of Official Records 6. A Deed of Trust Against: Alex J. Milroy, an unmarried individual(borrower) In Favor Of: Boeing Employees' Credit Union (lender) Trustee: Trustee Services, Inc. Amount: $80,000.00 Dated: April 28, 2018 Recorded: May 8, 2018, in 20180508000162, of Official Records If the above deed of trust is an Equity Line/Line of Credit, prior to close we will require the following: (a) Evidence that the line of credit has been frozen and no advances have been made after the issuance of the demand for payoff; and (b) any remaining checks, passbooks, or credit cards issued in conjunction with the line of credit be surrendered D. The land is situate in the County of King, State of Washington, and is described as follows: (See attached Exhibit "A") E.The abbreviated legal description is provided to enable the document preparer to conform with the requirements of RCW 65.04.045: PTN TRACT 231, C.D. HILLMAN'S LAKE WASHINGTON GARDEN OF EDEN ADDITION TO SEATTLE DIVISION NO. 4 Page 4 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 ATTACHED TO GUARANTEE NO.: SGW 08003691 WASHINGTON SUBDIVISION GUARANTEE SCHEDULE OF EXCLUSIONS FROM COVERAGE 1. 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. 2. 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. Page 5 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 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) 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) 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. Page 6 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 (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. 5. 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. 6. 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 lienholder, 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. Page 7 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 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. 7. 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. 8. 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. 9. 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. 10. PAYMENT OF LOSS Page 8 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 (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. 11. 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. 12. 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. 13. 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 the office which issued this Guarantee or to the Company at: 400 Second Avenue South, Minneapolis, Minnesota 55401, (612) 371-1111. Page 9 of 9 Pages ORT Form 5321-WA Adopted 06/05/14 ATTACHED TO GUARANTEE NO.: SGW 08003691 WASHINGTON SUBDIVISION GUARANTEE EXHIBIT A THE SOUTH 81 FEET OF THE NORTH 511 FEET OF THE WEST 96 FEET OF TRACT 231, C.D. HILLMAN'S LAKE WASHINGTON GARDEN OF EDEN ADDITION TO SEATTLE DIVISION NO. 4, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 11 OF PLATS, PAGE 82, IN KING COUNTY, WASHINGTON. SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. 3/23/2020 Landmark Web Official Records Search https://recordsearch.kingcounty.gov/LandmarkWeb/search/index?theme=.blue&section=searchCriteriaInstrumentNumber&quickSearchSelection=#1/1Un o f f i c i a l C o p y Description: King,WA Document - Year.Month.Day.DocID 1987.1201.918 Page: 1 of 1 Order: D Comment: Description: King,WA Document - Year.Month.Day.DocID 2002.104.2321 Page: 1 of 6 Order: D Comment: Description: King,WA Document - Year.Month.Day.DocID 2002.104.2321 Page: 2 of 6 Order: D Comment: Description: King,WA Document - Year.Month.Day.DocID 2002.104.2321 Page: 3 of 6 Order: D Comment: Description: King,WA Document - Year.Month.Day.DocID 2002.104.2321 Page: 4 of 6 Order: D Comment: Description: King,WA Document - Year.Month.Day.DocID 2002.104.2321 Page: 5 of 6 Order: D Comment: Description: King,WA Document - Year.Month.Day.DocID 2002.104.2321 Page: 6 of 6 Order: D Comment: 5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 1/7 PROPERTY TAXES Results - 1 5O9999Tax payer name: MILROY ALEX J Tax account number: 334390118704  Parcel number: 3343901187 Tax account status: This account is active. Mailing address on file: 1401 BLAINE AVE NE RENTON WA 98056 SECOND HALF AMOUNT IF PAID OR POSTMARKED BY OCTOBER 31, 2022. Billing Details  5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 2/7 Current Year: Tax year Amount 2022 2nd Half $2,816.81 Tax year details Tax Information 2022 2021 2020 2019 Levy code 2100 2100 2100 2100 Status Taxable Taxable Taxable Taxable Omit year 0000 0000 0000 0000 Land value $265,000 $227,000 $225,000 $221,000 Improvement value $236,000 $196,000 $195,000 $186,000 Charges Tax $5,334.34 $4,696.50 $4,669.60 $4,355.97 Fire District $281.73 $278.16 $279.03 $281.09 Noxious Weed $5.38 $5.38 $5.38 $5.38 Conservation $12.17 $11.89 $11.63 $9.45 Tax Year Details  5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 3/7 Tax Information 2022 2021 2020 2019 Total billed $5,633.62 $4,991.93 $4,965.64 $4,651.89 Amount paid $2,816.81 $4,991.93 $4,965.64 $4,651.89 Interest $0.00 $0.00 $0.00 $0.00 Penalty $0.00 $0.00 $0.00 $0.00 Balance $2,816.81 $0.00 $0.00 $0.00 Date Receipt Amount Penalty/Intere Paid 04/21/2022 809299 $2,816.81 $0.00 10/22/2021 913713 $2,495.96 $0.00 04/22/2021 877469 $2,495.97 $0.00 10/20/2020 928205 $2,482.82 $0.00 04/16/2020 864005 $2,482.82 $0.00 10/25/2019 923669 $2,325.94 $0.00 Receipts  2022 Tax / Fee Distribution  5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 4/7 Distribution information Dollars Percent *Distribution information Dollars Percent * State School Part One $925.89 16.4% State School Two - McCleary $485.39 8.6% Local School $1,779.16 31.6% County $615.36 10.9% City $503.88 8.9% Road $0.00 0.0% Port $56.41 1.0% Sound Transit $92.23 1.6% Fire $369.11 6.6% Hospital $177.53 3.2% Flood $40.81 0.7% Library $164.11 2.9% EMS $124.46 2.2% Other $0.00 0.0% Fees And Charges $299.28 5.3% 5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 5/7 * Percents are rounded To request a tax statement, click the Request tax statement button below. The statement will be mailed to the address on file within 10 working days.  REQUEST TAX STATEMENT If the name or mailing address on your statement is incorrect, visit the Property Tax FAQ - General/Statements and scroll down to the section titled, How do I change my mailing address or the name on my statement? 2022 Tax / Fee Distribution Chart  Tax statement  5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 6/7 King County Treasury Operations King Street Center 201 South Jackson Street #710 Seattle, WA 98104 Hours: Monday-Friday, 8:30 a.m. to 4:30 p.m. PST TTY Relay: 711 Customer Service Property Tax Information and Customer Service 206-263-2890 PropertyTax.CustomerService@kingcounty.gov Maintenance Assessment Management Systems Local Improvement Districts 206-263-1893 mams.lid@kingcounty.gov Mobile Homes/Commercial Personal Property 206-263-2844 Treasury.PersonalProperty@kingcounty.gov 5/17/22, 5:01 PM Property Taxes https://payment.kingcounty.gov/Home/Index?app=PropertyTaxes&Search=3343901187 7/7 Tax Foreclosures 206-263-2649 TaxForeclosures@kingcounty.gov