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Form 5011453 (7-1-14) Page 1 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
Owner's Policy
Owner's Policy of Title Insurance
ISSUED BY
First American Title Insurance Company
POLICY NUMBER
5011453-1027526-O
Any notice of claim and any other notice or statement in writing required to be given to the Company under this policy must be
given to the Company at the address shown in Section 18 of the Conditions.
COVERED RISKS
SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE CONDITIONS,
FIRST AMERICAN TITLE INSURANCE COMPANY, a Nebraska corporation (the “Company”) insures, as of Date of Policy and, to the extent
stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the
Insured by reason of:
1. Title being vested other than as stated in Schedule A.
2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from
(a) A defect in the Title caused by
(i) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation;
(ii) failure of any person or Entity to have authorized a transfer or conveyance;
(iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delive red;
(iv) failure to perform those acts necessary to create a document by electronic means authorized by law;
(v) a document executed under a falsified, expired, or otherwise invalid power of attorney;
(vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic
means authorized by law; or
(vii) a defective judicial or administrative proceeding.
(b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid.
(c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by a n
accurate and complete land survey of the Land. The term “encroachment” includes encroachments of existing improvements located
on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land.
3. Unmarketable Title.
4. No right of access to and from the Land.
(Covered Risks Continued on Page 2)
In Witness Whereof, First American Title Insurance Company has caused its corporate name to be hereunto affixed by its author ized officers as of
Date of Policy shown in Schedule A.
(This Policy is valid only when Schedules A and B are attached)
This Jacket was created electronically and constitutes an original document
Copyright 2006-2009 American Land Title Association. All rights reserved. The use of this form is restricted to ALTA licensees and ALTA members in good standing as of the date of use.
All other uses are prohibited. Reprinted under license from the American Land Title Association
Form 5011453 (7-1-14) Page 2 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
COVERED RISKS (Continued)
5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning)
restricting, regulating, prohibiting, or relating to
(a) the occupancy, use, or enjoyment of the Land;
(b) the character, dimensions, or location of any improvement erected on the Land;
(c) the subdivision of land; or
(d) environmental protection
if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to e nforce, but only to
the extent of the violation or enforcement referred to in that notice.
6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the e nforcement
action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that
notice.
7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records.
8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge.
9. Title being vested other than as stated in Schedule A or being defective
(a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part
of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because t hat prior
transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency, or similar creditors’ rights laws; or
(b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal ban kruptcy,
state insolvency, or similar creditors’ rights laws by reason of the failure of its recording in the Public Records
(i) to be timely, or
(ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor.
10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached
or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument
of transfer in the Public Records that vests Title as shown in Schedule A.
The Company will also pay the costs, attorneys’ fees, and expenses incurred in defense of any matter insured against by this Policy, but only to
the extent provided in the Conditions.
EXCLUSIONS FROM COVERAGE
The following matters are expressly excluded from the coverage of
this policy, and the Company will not pay loss or damage, costs,
attorneys' fees, or expenses that arise by reason of:
1. (a) Any law, ordinance, permit, or governmental regulation
(including those relating to building and zoning) restricting,
regulating, prohibiting, or relating to
(i) the occupancy, use, or enjoyment of the Land;
(ii) the character, dimensions, or location of any
improvement erected on the Land;
(iii) the subdivision of land; or
(iv) environmental protection;
or the effect of any violation of these laws, ordinances, or
governmental regulations. This Exclusion 1(a) does not
modify or limit the coverage provided under Covered Risk
5.
(b) Any governmental police power. This Exclusion 1(b) does
not modify or limit the coverage provided under Covered
Risk 6.
2. Rights of eminent domain. This Exclusion does not modify or
limit the coverage provided under Covered Risk 7 or 8.
3. Defects, liens, encumbrances, adverse claims, or other matters
(a) created, suffered, assumed, or agreed to by the Insured
Claimant;
(b) not Known to the Company, not recorded in the Public
Records at Date of Policy, but Known to the Insured Claimant
and not disclosed in writing to the Company by the Insured
Claimant prior to the date the Insured Claimant became an
Insured under this policy;
(c) resulting in no loss or damage to the Insured Claimant;
(d) attaching or created subsequent to Date of Policy (however,
this does not modify or limit the coverage provided un der
Covered Risk 9 and 10); or
(e) resulting in loss or damage that would not have been
sustained if the Insured Claimant had paid value for the Title.
4. Any claim, by reason of the operation of federal bankruptcy, state
insolvency, or similar creditors’ rights laws, that the transaction
vesting the Title as shown in Schedule A, is
(a) a fraudulent conveyance or fraudulent transfer; or
(b) a preferential transfer for any reason not stated in Covered
Risk 9 of this policy.
5. Any lien on the Title for real estate taxes or assessments imposed
by governmental authority and created or attaching between Date
of Policy and the date of recording of the deed or other instrument
of transfer in the Public Records that vests Title as shown in
Schedule A.
Form 5011453 (7-1-14) Page 3 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
CONDITIONS
1. DEFINITION OF TERMS
The following terms when used in this policy mean:
(a) “Amount of Insurance”: The amount stated in Schedule A,
as may be increased or decreased by endorsement to this
policy, increased by Section 8(b), or decreased by Sections
10 and 11 of these Conditions.
(b) “Date of Policy”: The date designated as “Date of Policy” in
Schedule A.
(c) “Entity”: A corporation, partnership, trust, limited liability
company, or other similar legal entity.
(d) “Insured": The Insured named in Schedule A.
(i) The term "Insured" also includes
(A) successors to the Title of the Insured by
operation of law as distinguished from purchase,
including heirs, devisees, survivors, personal
representatives, or next of kin;
(B) successors to an Insured by dissolution, merger,
consolidation, distribution, or reorganization;
(C) successors to an Insured by its convers ion to
another kind of Entity;
(D) a grantee of an Insured under a deed delivered
without payment of actual valuable consideration
conveying the Title
(1) if the stock, shares, memberships, or other
equity interests of the grantee are wholly-
owned by the named Insured,
(2) if the grantee wholly owns the named
Insured,
(3) if the grantee is wholly-owned by an
affiliated Entity of the named Insured,
provided the affiliated Entity and the named
Insured are both wholly-owned by the same
person or Entity, or
(4) if the grantee is a trustee or beneficiary of a
trust created by a written instrument
established by the Insured named in
Schedule A for estate planning purposes.
(ii) With regard to (A), (B), (C), and (D) reserving,
however, all rights and defenses as to any successor
that the Company would have had against any
predecessor Insured.
(e) "Insured Claimant": An Insured claiming loss or damage.
(f) "Knowledge" or "Known": Actual knowledge, not
constructive knowledge or notice that may be imputed to
an Insured by reason of the Public Records or any other
records that impart constructive notice of matters affecting
the Title.
(g) "Land": The land described in Schedule A, and affixed
improvements that by law constitute real property. The
term "Land” does not include any property beyond the lines
of the area described in Schedule A, nor any right, title,
interest, estate, or easement in abutting streets, roads,
avenues, alleys, lanes, ways, or waterways, but this does
not modify or limit the extent that a ri ght of access to and
from the Land is insured by this policy.
(h) "Mortgage": Mortgage, deed of trust, trust deed, or other
security instrument, including one evidenced by electronic
means authorized by law.
(i) "Public Records": Records established under state statutes
at Date of Policy for the purpose of imparting constructive
notice of matters relating to real property to purchasers for
value and without Knowledge. With respect to Covered Risk
5(d), "Public Records" shall also include environmental
protection liens filed in the records of the clerk of the United
States District Court for the district where the Land is located.
(j) “Title”: The estate or interest described in Schedule A.
(k) "Unmarketable Title”: Title affected by an alleged or apparent
matter that would permit a prospective purchaser or lessee of
the Title or lender on the Title to be released from the
obligation to purchase, lease, or lend if there is a contractual
condition requiring the delivery of marketable title.
2. CONTINUATION OF INSURANCE
The coverage of this policy shall continue in force as of Date of
Policy in favor of an Insured, but only so long as the Insured
retains an estate or interest in the Land, or holds an obligation
secured by a purchase money Mortgage given by a purchaser from
the Insured, or only so long as the Insured shall have liability by
reason of warranties in any transfer or conveyance of the Title.
This policy shall not continue in force in favor of any purchaser
from the Insured of either (i) an estate or interest in the Land, or
(ii) an obligation secured by a purchase money Mortgage given to
the Insured.
3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT
The Insured shall notify the Company promptly in writing (i) in
case of any litigation as set forth in Section 5(a) of these
Conditions, (ii) in case Knowledge shall come to an Insured
hereunder of any claim of title or interest that is adverse to the
Title, as insured, and that might cause loss or damage for which
the Company may be liable by virtue of this policy, or (iii) if the
Title, as insured, is rejected as Unmarketable Title. If the Company
is prejudiced by the failure of the Insured Claimant to provide
prompt notice, the Company's liability to the Insured Claimant
under the policy shall be reduced to the extent of the prejudice.
4. PROOF OF LOSS
In the event the Company is unable to determine the amount of
loss or damage, the Company may, at its option, require as a
condition of payment that the Insured Claimant furnish a signed
proof of loss. The proof of loss must describe the defect, lien,
encumbrance, or other matter insured against by this policy that
constitutes the basis of loss or damage and shall state, to the
extent possible, the basis of calculating the amount of the loss or
damage.
5. DEFENSE AND PROSECUTION OF ACTIONS
(a) Upon written request by the Insured, and subject to the
options contained in Section 7 of these Conditions, the
Company, at its own cost and without unreasonable delay,
shall provide for the defense of an Insured in litigation in
which any third party asserts a claim covered by this policy
adverse to the Insured. This obligation is limited to only those
stated causes of action alleging matters insured against by
this policy. The Company shall have the right to select
counsel of its choice (subject to the right of the Insured to
object for reasonable cause) to represent the Insured as to
those stated causes of action. It shall not be liable for and will
not pay the fees of any other counsel. The Company will not
pay any fees, costs, or expenses incurred by the Insured in
the defense of those causes of action that allege matters not
insured against by this policy.
Form 5011453 (7-1-14) Page 4 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
CONDITIONS (Continued)
(b) The Company shall have the right, in addition to the
options contained in Section 7 of these Conditions, at its
own cost, to institute and prosecute any action or
proceeding or to do any other act that in its opinion may be
necessary or desirable to establish the Title, as insured, or
to prevent or reduce loss or damage to the Insured. The
Company may take any appropriate action under the terms
of this policy, whether or not it shall be liable to the
Insured. The exercise of these rights shall not be an
admission of liability or waiver of any provision of this
policy. If the Company exercises its rights under this
subsection, it must do so diligently.
(c) Whenever the Company brings an action or asserts a
defense as required or permitted by this policy, the
Company may pursue the litigation to a final determination
by a court of competent jurisdiction, and it expressly
reserves the right, in its sole discretion, to appeal any
adverse judgment or order.
6. DUTY OF INSURED CLAIMANT TO COOPERATE
(a) In all cases where this policy permits or requires the
Company to prosecute or provide for the defense of any
action or proceeding and any appeals, the Insured shall
secure to the Company the right to so prosecute or provide
defense in the action or proceeding, including the right to
use, at its option, the name of the Insured for this purpose.
Whenever requested by the Company, the Insured, at the
Company's expense, shall give the Company all reasonable
aid (i) in securing evidence, obtaining witnesses,
prosecuting or defending the action or proceeding, or
effecting settlement, and (ii) in any other lawful act that in
the opinion of the Company may be necessary or desirable
to establish the Title or any other matter as insured. If the
Company is prejudiced by the failure of the Insured to
furnish the required cooperation, the Company's obligations
to the Insured under the policy shall terminate, including
any liability or obligation to defend, prosecute, or continue
any litigation, with regard to the matter or matters
requiring such cooperation.
(b) The Company may reasonably require the Insured Claimant
to submit to examination under oath by any authorized
representative of the Company and to produce for
examination, inspection, and copying, at such reasonable
times and places as may be designated by the authorized
representative of the Company, all records, in whatever
medium maintained, including books, ledgers, checks,
memoranda, correspondence, reports, e-mails, disks, tapes,
and videos whether bearing a date before or after Date of
Policy, that reasonably pertain to the loss or damage.
Further, if requested by any authorized representative of
the Company, the Insured Claimant shall grant its
permission, in writing, for any authorized representative of
the Company to examine, inspect, and copy all of these
records in the custody or control of a third party that
reasonably pertain to the loss or damage. All information
designated as confidential by the Insured Claimant
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 Insured Claimant to submit for
examination under oath, produce any reasonably requested
information, or grant permission to secure reasonably
necessary information from third parties as required in this
subsection, unless prohibited by law or governmental
regulation, shall terminate any liability of the Company
under this policy as to that claim.
7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS;
TERMINATION OF LIABILITY
In case of a claim under this policy, the Company shall have the
following additional options:
(a) To Pay or Tender Payment of the Amount of Insurance.
To pay or tender payment of the Amount of Insurance under
this policy together with any costs, attorneys' fees, and
expenses incurred by the Insured Claimant that were
authorized by the Company up to the time of payment or
tender of payment and that the Company is obligated to pay.
Upon the exercise by the Company of this option, all liability
and obligations of the Company to the Insured under this
policy, other than to make the payment required in this
subsection, shall terminate, including any liability or obligation
to defend, prosecute, or continue any litigation.
(b) To Pay or Otherwise Settle With Parties Other Than the
Insured or With the Insured Claimant.
(i) To pay or otherwise settle with other parties for or in the
name of an Insured Claimant any claim insured against
under this policy. In addition, the Company will pay any
costs, attorneys' fees, and expenses incurred by the
Insured Claimant that were authorized by the Company
up to the time of payment and that the Company is
obligated to pay; or
(ii) To pay or otherwise settle with the Insured Claimant the
loss or damage provided for under this policy, together
with any costs, attorneys' fees, and expenses incurred
by the Insured Claimant that were authorized by the
Company up to the time of payment and that the
Company is obligated to pay.
Upon the exercise by the Company of either of the options
provided for in subsections (b)(i) or (ii), the Company's
obligations to the Insured under this policy for the claimed
loss or damage, other than the payments required to be
made, shall terminate, including any liability or obligation to
defend, prosecute, or continue any litigation.
8. DETERMINATION AND EXTENT OF LIABILITY
This policy is a contract of indemnity against actual monetary loss
or damage sustained or incurred by the Insured Claimant who has
suffered loss or damage by reason of matters insured against by
this policy.
(a) The extent of liability of the Company for loss or damage
under this policy shall not exceed the lesser of
(i) the Amount of Insurance; or
(ii) the difference between the value of the Title as insured
and the value of the Title subject to the risk insured
against by this policy.
(b) If the Company pursues its rights under Section 5 of these
Conditions and is unsuccessful in establishing the Title, as
insured,
(i) the Amount of Insurance shall be increased by 10%, and
(ii) the Insured Claimant shall have the right to have the
loss or damage determined either as of the date the
claim was made by the Insured Claimant or as of the
date it is settled and paid.
(c) In addition to the extent of liability under (a) and (b), the
Company will also pay those costs, attorneys' fees, and
expenses incurred in accordance with Sections 5 and 7 of
these Conditions.
Form 5011453 (7-1-14) Page 5 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
CONDITIONS (Continued)
9. LIMITATION OF LIABILITY
(a) If the Company establishes the Title, or removes the
alleged defect, lien, or encumbrance, or cures the lack of
a right of access to or from the Land, or cures the claim
of Unmarketable Title, all as insured, in a reasonably
diligent manner by any method, including litigation and
the completion of any appeals, it shall have fully
performed its obligations with respect to that matter and
shall not be liable for any loss or damage caused to the
Insured.
(b) In the event of any litigation, including 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, adverse to the
Title, as insured.
(c) The Company shall not be liable for loss or damage to th e
Insured for liability voluntarily assumed by the Insured in
settling any claim or suit without the prior written consent
of the Company.
10. REDUCTION OF INSURANCE; REDUCTION OR
TERMINATION OF LIABILITY
All payments under this policy, except payments made for
costs, attorneys’ fees, and expenses, shall reduce the Amount
of Insurance by the amount of the payment.
11. LIABILITY NONCUMULATIVE
The Amount of Insurance shall be reduced by any amount the
Company pays under any policy insuring a Mortgage to which
exception is taken in Schedule B or to which the Insured has
agreed, assumed, or taken subject, or which is executed by an
Insured after Date of Policy and which is a charge or lien on
the Title, and the amount so paid shall be deemed a payment
to the Insured under this policy.
12. PAYMENT OF LOSS
When liability and the extent of loss or damage have been
definitely fixed in accordance with these Conditions, the
payment shall be made within 30 days.
13. RIGHTS OF RECOVERY UPON PAYMENT OR
SETTLEMENT
(a) Whenever the Company shall have settled and paid a
claim under this policy, it shall be subrogated and entitled
to the rights of the Insured Claimant in the Title and all
other rights and remedies in respect to the claim that the
Insured Claimant has against any person or property, to
the extent of the amount of any loss, costs, attorneys'
fees, and expenses paid by the Company. If requested by
the Company, the Insured Claimant shall execute
documents to evidence the transfer to the Company of
these rights and remedies. The Insured Claimant shall
permit the Company to sue, compromise, or settle in the
name of the Insured Claimant and to use the name of the
Insured Claimant in any transaction or litigation involving
these rights and remedies.
If a payment on account of a claim does not fully cover
the loss of the Insured Claimant, the Company shall defer
the exercise of its right to recover until after the Insured
Claimant shall have recovered its loss.
(b) The Company’s right of subrogation includes the rights of
the Insured to indemnities, guaranties, other policies of
insurance, or bonds, notwithstanding any terms or
conditions contained in those instruments that address
subrogation rights.
14. ARBITRATION
Either the Company or the Insured may demand that the claim
or controversy shall be submitted to arbitration pursuant to the
Title Insurance Arbitration Rules of the American Land Title
Association (“Rules”). Except as provided in the Rules, there shall
be no joinder or consolidation with claims or controversies of
other persons. Arbitrable matters may include, but are not limited
to, any controversy or claim between the Company and the
Insured arising out of or relating to this policy, any service in
connection with its issuance or the breach of a policy provision,
or to any other controversy or claim arising out of the transaction
giving rise to this policy. All arbitrable matters when the Amount
of Insurance is $2,000,000 or less shall be arbitrated at the
option of either the Company or the Insured. All arbitrable
matters when the Amount of Insurance is in excess of
$2,000,000 shall be arbitrated only when agreed to by both the
Company and the Insured. Arbitration pursuant to this policy and
under the Rules shall be binding upon the parties. Judgment
upon the award rendered by the Arbitrator(s) may be entered in
any court of competent jurisdiction.
15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE
CONTRACT
(a) This policy together with all endorsements, if any, attached
to it by the Company is the entire policy and contract
between the Insured and the Company. In interpreting any
provision of this policy, this policy shall be construed as a
whole.
(b) Any claim of loss or damage that arises out of the status of
the Title or by any action asserting such claim shall be
restricted to this policy.
(c) Any amendment of or endorsement to this policy must be in
writing and authenticated by an authorized person, or
expressly incorporated by Schedule A of this policy.
(d) Each endorsement to this policy issued at any time is made
a part of this policy and is subject to all of its terms and
provisions. Except as the endorsement expressly states, it
does not (i) modify any of the terms and provisions of the
policy, (ii) modify any prior endorsement, (iii) extend the
Date of Policy, or (iv) increase the Amount of Insurance.
16. SEVERABILITY
In the event any provision of this policy, in whole or in part, is
held invalid or unenforceable under applicable law, the policy
shall be deemed not to include that provision or such part held to
be invalid, but all other provisions shall remain in full force and
effect.
17. CHOICE OF LAW; FORUM
(a) Choice of Law: The Insured acknowledges the Company has
underwritten the risks covered by this policy and
determined the premium charged therefor in reliance upon
the law affecting interests in real property and applicable to
the interpretation, rights, remedies, or enforcement of
policies of title insurance of the jurisdiction where the Land
is located.
Therefore, the court or an arbitrator shall apply the law of
the jurisdiction where the Land is located to determine the
validity of claims against the Title that are adverse to the
Insured and to interpret and enforce the terms of this
policy. In neither case shall the court or arbitrator apply its
conflicts of law principles to determine the applicable law.
(b) Choice of Forum: Any litigation or other proceeding brought
by the Insured against the Company must be filed only in a
state or federal court within the United States of America or
its territories having appropriate jurisdiction.
18. NOTICES, WHERE SENT
Any notice of claim and any other notice or statement in writing
required to be given to the Company under this policy must be
given to the Company at First American Title Insurance
Company, Attn: Claims National Intake Center, 1 First
American Way; Santa Ana, CA 92707. Phone: 888-632-
1642.
Form 5011453 (7-1-14) Page 6 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
Schedule A
Owner's Policy of Title Insurance
ISSUED BY
First American Title Insurance Company
POLICY NUMBER
1027526-O
Name and Address of Title Insurance Company:
First American Title Insurance Company, 1 First American Way, Santa Ana, CA 92707.
File No.: NCS-1027526-WA1
Address Reference: Boeing Longacres Property, Renton, WA Amount of Insurance: $100,000,000.00
Premium: $48,150.00 Date of Policy: December 20, 2021 at 2:22
P.M.
1. Name of Insured:
Unico Longacres North Building LLC, a Delaware limited liability company as to Parcel F;
Unico Longacres Residential LLC, a Delaware limited liability company as to Lots 1-8 in Tract 1 of
Parcel A and Parcel H;
Unico Longacres Central Systems LLC, a Delaware limited liability company as to Parcels B, C, D and
E;
Unico Longacres South Building LLC, a Delaware limited liability company as to Lots 11-13, 21 and 22
in Tract 1 of Parcel A;
Unico Longacres East Building LLC, a Delaware limited liability company as to Lot 23 in Tract 1 of
Parcel A;
Unico Longacres Oakesdale Land LLC, a Delaware limited liability company as to Lots 24-26 in Tract 1
of Parcel A;
Unico Longacres South Campus Land LLC, a Delaware limited liability company as to Lots 14 and 20
in Tract 1 of Parcel A;
Unico Longacres 27th Land LLC, a Delaware limited liability company as to Lot 17 in Tract 1 of Parcel
A and Parcel G;
Unico Longacres Tract E LLC, a Delaware limited liability company as to Tract E in Tract 1 of Parcel A
and Tract 2 of Parcel A; and
Unico Longacres Central Drainage LLC, a Delaware limited liability company as to Tracts A and B in
Tract 1 of Parcel A
2. The estate or interest in the Land that is insured by this policy is:
Fee Simple
3. Title is vested in:
Unico Longacres North Building LLC, a Delaware limited liability company as to Parcel F;
Unico Longacres Residential LLC, a Delaware limited liability company as to Lots 1-8 in Tract 1 of
Parcel A and Parcel H;
Unico Longacres Central Systems LLC, a Delaware limited liability company as to Parcels B, C, D and
E;
Unico Longacres South Building LLC, a Delaware limited liability company as to Lots 11-13, 21 and 22
in Tract 1 of Parcel A;
Form 5011453 (7-1-14) Page 7 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
Unico Longacres East Building LLC, a Delaware limited liability company as to Lot 23 in Tract 1 of
Parcel A;
Unico Longacres Oakesdale Land LLC, a Delaware limited liability company as to Lots 24-26 in Tract 1
of Parcel A;
Unico Longacres South Campus Land LLC, a Delaware limited liability company as to Lots 14 and 20
in Tract 1 of Parcel A;
Unico Longacres 27th Land LLC, a Delaware limited liability company as to Lot 17 in Tract 1 of Parcel
A and Parcel G;
Unico Longacres Tract E LLC, a Delaware limited liability company as to Tract E in Tract 1 of Parcel A
and Tract 2 of Parcel A; and
Unico Longacres Central Drainage LLC, a Delaware limited liability company as to Tracts A and B in
Tract 1 of Parcel A
4. The Land referred to in this policy is described as follows:
See Exhibit "A" attached hereto and made a part hereof.
Form 5011453 (7-1-14) Page 8 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
Schedule B
Owner's Policy of Title Insurance
ISSUED BY
First American Title Insurance Company
POLICY NUMBER
1027526-O
EXCEPTIONS FROM COVERAGE
File No.: NCS-1027526-WA1
This policy does not insure against loss or damage, and the Company will not pay costs, attorneys' fees, or
expenses that arise by reason of:
1. This item has been intentionally deleted.
2. This item has been intentionally deleted.
3. This item has been intentionally deleted.
4. This item has been intentionally deleted.
5. This item has been intentionally deleted.
6. This item has been intentionally deleted.
7. This item has been intentionally deleted.
8. This item has been intentionally deleted.
9. This item has been intentionally deleted.
10. Taxes for the year 2022, a lien not yet due and payable.
11. Potential charges, for the King County Sewage Treatment Capacity Charge, as authorized under RCW
35.58 and King County Code 28.84.050. Said charges could apply for any property that connected to
the King County Sewer Service area on or after February 1, 1990. None due or payable at Date of
Policy.
12. Easement, including terms and provisions contained therein:
Recording Information: May 13, 1905 as 337825
For: Water pipes
Affects: As described therein
Form 5011453 (7-1-14) Page 9 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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13. Easement, including terms and provisions contained therein:
Recording Date: July 30, 1918
Recording Information: 1232949
In Favor of: The Chicago, Milwaukee & St. Paul Railway Company
For: Electric transmission system
Affects: Parcel F
14. Easement, including terms and provisions contained therein:
Recording Information: August 19, 1918, Recording No. 1237963
In Favor of: The Chicago, Milwaukee & St. Paul Railway Company
For: Electric transmission system
(Affects Lots 23-26 and Tract E of Parcel A)
15. Easement, including terms and provisions contained therein:
Recording Information: December 26, 1918, Recording No. 1269247
In Favor of: The Chicago, Milwaukee & St. Paul Railway Company
For: Electric transmission system
(Affects Lots 23-26 and Tract E of Parcel A)
16. Easement, including terms and provisions contained therein:
Recording Information: February 11, 1919 as 1280320
In Favor of: The Chicago, Milwaukee & St. Paul Railway Company
For: Electric transmission system
17. Easement, including terms and provisions contained therein:
Recording Date: March 3, 1922
Recording Information: 1602611
In Favor of: The Chicago, Milwaukee & St. Paul Railway Company
For: Trolley and transmission pole line system
Affects: Parcel F
18. Easement, including terms and provisions contained therein:
Recording Information: April 5, 1922 as 1603975
In Favor of: The Chicago, Milwaukee & St. Paul Railway Company
For: Electric transmission system
(Affects Lots 23-26 and Tract E of Parcel A)
19. Easement, including terms and provisions contained therein:
Recording Information: April 2, 1929 as 2527873
In Favor of: The Pacific Telephone and Telegraph Company
For: Pole line system
(Affects Parcels B through E)
Form 5011453 (7-1-14) Page 10 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
20. Easement, including terms and provisions contained therein:
Recording Date: November 19, 1929
Recording Information: 2572154
In Favor of: The Pacific Telephone and Telegraph Company
For: Pole line facility
Affects: Parcels B through F
21. This item has been intentionally deleted.
22. This item has been intentionally deleted.
23. Easement, including terms and provisions contained therein:
Recording Information: January 11, 1944 as 3359489
For: Water pipe line
Affects: Parcel C
24. Easement, including terms and provisions contained therein:
Recording Date: December 15, 1953
Recording Information: 4404710
In Favor of: Puget Sound Power & Light Company
For: Electric transmission and distribution line
Affects: Lots 23-26 of Parcel A
25. This item has been intentionally deleted.
26. Easement, including terms and provisions contained therein:
Recording Date: March 12, 1959
Recording Information: 5007171
In Favor of: Puget Sound Power & Light Company
For: Electric transmission and distribution line
Affects: Lots 23-26 of Parcel A
27. Condemnation in King County Superior Court by the State of Washington, of rights of access to state
highway and of light, view and air by decree entered under Cause No. 594806.
(Affects Lot 1 of Parcel A and Parcels B through F)
28. Relinquishment of all existing and future rights to light, view and air, together with the rights of
access to and from the State Highway constructed on lands conveyed by document in favor of the
State of Washington:
Recorded: October 17, 1962
Recording No.: 5494126
(Affects Lot 1 of Parcel A and Parcels B through F)
Form 5011453 (7-1-14) Page 11 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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29. Relinquishment of all existing and future rights to light, view and air, together with the rights of
access to and from the State Highway constructed on lands conveyed by document in favor of the
State of Washington:
Recorded: September 26, 1962
Recording No.: 5500257
(Affects Parcel C)
30. Relinquishment of all existing and future rights to light, view and air, together with the rights of
access to and from the State Highway constructed on lands conveyed by document in favor of the
State of Washington:
Recorded: February 26, 1963
Recording No.: 5548715
(Affects Parcel B)
31. Relinquishment of all existing and future rights to light, view and air, together with the rights of
access to and from the State Highway constructed on lands conveyed by document in favor of the
State of Washington:
Recorded: May 2, 1963
Recording No.: 5577992
(Affects Lot 1 of Parcel A and Parcels B through F)
32. Easement, including terms and provisions contained therein:
Recording Date: August 29, 1963
Recording Information: 5640672
In Favor of: Puget Sound Power & Light Company
For: Electric transmission and distribution line
Affects: Lot 1 of Parcel A and Parcel F
33. Easement, including terms and provisions contained therein:
Recording Information: November 16, 1967, Recording No. 6113352
In Favor of: City of Seattle
For: Sewer trunk line system
(Affects Parcel F)
34. Easement, including terms and provisions contained therein:
Recording Date: March 16, 1967
Recording Information: 6150815
In Favor of: City of Seattle
For: Sewer trunk line
Affects: Parcel F
35. This item has been intentionally deleted.
Form 5011453 (7-1-14) Page 12 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
36. Easement, including terms and provisions contained therein:
Recording Date: June 5, 1961
Recording Information: 6184981 and 6184982
In Favor of: City of Seattle
For: Sewer trunk line
Affects: Lots 23-26 of Parcel A
37. Easement, including terms and provisions contained therein:
Recording Date: October 6, 1967
Recording Information: 6293685
In Favor of: City of Seattle
For: Sewer trunk line
Affects: Parcel F
38. Reservations and exceptions, including the terms and conditions thereof:
Reserving: Minerals
Reserved By: Glacier Park Company
Recorded: April 1, 1975
Recording Information: 7504010373
Document(s) declaring modifications thereof recorded November 30, 1978 as 7811301026 of Official
Records.
(Affects Lots 17 and Tract E of Parcel A)
39. This item has been intentionally deleted.
40. This item has been intentionally deleted.
41. Easement, including terms and provisions contained therein:
Recording Date: April 5, 1979
Recording Information: 7904050922
In Favor of: Paicifc Northwest Bell Telephone Company
For: Underground communication lines
Affects: Parcel D
42. This item has been intentionally deleted.
43. Easement, including terms and provisions contained therein:
Recording Date: April 28, 1980
Recording Information: 8004280437
In Favor of: Pacific Northwest Bell Telephone Company
For: Underground communication lines, conduit and above ground
cabinet
Affects: Parcel F
Form 5011453 (7-1-14) Page 13 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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44. Easement, including terms and provisions contained therein:
Recording Date: December 29, 1980
Recording Information: 8012290373
In Favor of: City of Renton
For: Public utilities
Affects: Lots 1-4 of Parcel A
45. Easement, including terms and provisions contained therein:
Recording Date: December 9, 1982
Recording Information: 8212090487
In Favor of: City of Renton
For: Public utilties
Affects: Lots 1-4 of Parcel A and Parcel F
46. Easement, including terms and provisions contained therein:
Recording Date: December 7, 1984
Recording Information: 8412070648
In Favor of: City of Renton
For: Public utilities
Affects: Lot 17 of Parcel A
47. Easement, including terms and provisions contained therein:
Recording Date: November 17, 1986
Recording Information: 8611170303
In Favor of: City of Seattle
For: Phone and power lines
Affects: Lot 17 of Parcel A
48. Easement, including terms and provisions contained therein:
Recording Date: March 16, 1988
Recording Information: 8803161006
In Favor of: City of Renton
For: Public utilities
Affects: Lots 20-22 of Parcel A and Parcel F
Partial release of said easement was recorded under Recording No. 9501260432.
49. This item has been intentionally deleted.
50. The terms and provisions contained in the document entitled "Test Lake Agreement" recorded August
10, 1992 as 9208101723 of Official Records.
Pursuant to the terms of said agreement, all terms except for Section 6 are terminated.
(Affects Parcels A and F)
51. The terms and provisions contained in the document entitled "Restrictive Covenant Regarding LID
Participation" recorded October 26, 1992 as 9210261062 of Official Records.
(Affects all parcels)
Form 5011453 (7-1-14) Page 14 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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52. The terms and provisions contained in the document entitled "Hold Harmless Agreement"
recorded October 26, 1992 as 9210261063 of Official Records.
(Affects all parcels)
53. Easement, including terms and provisions contained therein:
Recording Information: 9304221692
In Favor of: City of Seattle
For: Sewer interceptor
Said easement is also recorded under Recording No. 9311021368.
(Affects Parcels A, G and H)
54. Easement, including terms and provisions contained therein:
Recording Date: January 4, 1994
Recording Information: 9401041075
In Favor of: Puget Sound Power & Light Co.
For: Electric transmission and/or distribution lines
Affects: Parcel D
55. Easement, including terms and provisions contained therein:
Recording Date: January 25, 1994
Recording Information: 9401250521
In Favor of: US West Communications, Inc.
For: Underground communication line
Affects: Parcels D and E
56. Maintenance provisions contained in the document entitled "Easement" recorded under Recording
No. 9405190503.
(Affects all parcels)
57. This item has been intentionally deleted.
58. Easement, including terms and provisions contained therein:
Recording Date: May 25, 1994
Recording Information: 9405251431
In Favor of: City of Renton
For: Springbrook trail
Affects: All Parcels
Form 5011453 (7-1-14) Page 15 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
59. The terms and provisions contained in the document entitled "Easement Agreement"
recorded January 23, 1996 as 9601231152 of Official Records.
The terms and provisions contained in the document entitled "Agreement Related to Easement
Rights" recorded August 1, 2013 as 20130801002219 of Official Records.
The terms and provisions contained in the document entitled "Agreement Related to Easement
Rights" recorded December 6, 2013 as 20131206001378 of Official Records.
(Affects all parcels)
60. The terms and provisions contained in the document entitled "Agreement" recorded April 15, 1996
as 9604150263 of Official Records.
(Affects Parcels B through F)
61. This item has been intentionally deleted.
62. Easement, including terms and provisions contained therein:
Recording Date: December 10, 1996
Recording Information: 9612100307
In Favor of: City of Renton
For: Water pipeline system
Affects: Lots 14, 20 and 26 of Parcel A
63. Easement, including terms and provisions contained therein:
Recording Date: December 10, 1996
Recording Information: 9612100308
In Favor of: City of Renton
For: Sewer pipelines
Affects: Parcel F
64. Easement, including terms and provisions contained therein:
Recording Date: December 10, 1996
Recording Information: 9612100309
In Favor of: City of Renton
For: Water pipelines
Affects: Parcel F
65. Easement, including terms and provisions contained therein:
Recording Date: December 10, 1996
Recording Information: 9612100310
In Favor of: City of Renton
For: Water pipeline system
Affects: Lots 1-2 of Parcel A
Form 5011453 (7-1-14) Page 16 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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66. Easement, including terms and provisions contained therein:
Recording Date: December 10, 1996
Recording Information: 9612100312
In Favor of: City of Renton
For: Water pipeline system
Affects: Parcels B through E
67. Easement, including terms and provisions contained therein:
Recording Date: December 10, 1996
Recording Information: 9612100313
In Favor of: City of Renton
For: Access to drainage facilities system
Affects: All parcels
68. This item has been intentionally deleted.
69. The terms and provisions contained in the document entitled "Declaration of Restrictive Covenants"
recorded September 26, 1997 as 9709261704 of Official Records.
(Affects Lots 14 and 20-26 of Parcel A and Parcel F)
70. Easement, including terms and provisions contained therein:
Recording Information: 9712121176
For: Secondary fire
Affects: Lot 24 of Parcel A
71. Easement, including terms and provisions contained therein:
Recording Date: April 22, 1998
Recording Information: 9804221878
In Favor of: Puget Sound Energy, Inc.
For: Electric transmission and/or distribution system
Affects: Lots 23-26 of Parcel A and Parcel F
The terms and provisions contained in the document entitled "Subordination Agreement"
recorded November 10, 1998 as 9811101093 of Official Records.
72. Easement, including terms and provisions contained therein:
Recording Date: July 21, 1998
Recording Information: 9807211998
In Favor of: City of Renton
For: Drainage
Affects: Parcel F
73. Easement, including terms and provisions contained therein:
Recording Date: January 21, 1999
Recording Information: 9901212193
In Favor of: City of Seattle
For: Electric transmission and/or distribution system
Affects: Lot 26 of Parcel A
Form 5011453 (7-1-14) Page 17 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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74. Easement, including terms and provisions contained therein:
Recording Date: March 23, 1999
Recording Information: 9903231472
In Favor of: City of Renton
For: Utilities
Affects: Lots 11, 12, 13, 21 and 22 of Parcel A and Parcel F
75. Easement, including terms and provisions contained therein:
Recording Date: March 23, 1999
Recording Information: 9903231481
In Favor of: City of Renton
For: Utilities
Affects: Lots 23-24 of Parcel A
76. The terms and provisions contained in the document entitled "Fire Access Easement Agreement"
recorded May 21, 1999 as 9905211140 of Official Records.
(Affects Lot 23 of Parcel A)
77. Covenants, conditions, restrictions and/or easements:
Recorded: July 6, 1999
Recording No.: 19990706001298
(Affects Tract E of Parcel A)
78. This item has been intentionally deleted.
79. This item has been intentionally deleted.
80. Easement, including terms and provisions contained therein:
Recording Date: March 1, 2002
Recording Information: 20020301000547
In Favor of: Puget Sound Energy, Inc.
For: Utilities
Affects: Tract E of Parcel A
81. Restrictions, conditions, dedications, notes, easements and provisions, if any, as contained and/or
delineated on the face of the Boeing Longacres Property Binding Site Plan No. LUA-02-022-
BSP recorded February 21, 2003 as Volume 212, Pages 63 through 69 and Volume 219, Pages 67
through 73, in King County, Washington.
Document(s) declaring modifications thereof recorded as in Volume 219 of Plats at Pages 67 through
73 and in Volume 228 of Plats at Pages 22 through 28 of Official Records.
(Affects Parcels A, G and H)
Form 5011453 (7-1-14) Page 18 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
82. The terms and provisions contained in the document entitled "Development Agreement"
recorded February 21, 2003 as 20030221002405 of Official Records.
(Affects all parcels)
83. Easement, including terms and provisions contained therein:
Recording Date: December 1, 2005
Recording Information: 20051201001380
In Favor of: City of Renton
For: Drainage
Affects: Tract E of Parcel A
84. This item has been intentionally deleted.
85. Easement, including terms and provisions contained therein:
Recording Date: August 17, 2006
Recording Information: 20060817000700
In Favor of: Puget Sound Energy, Inc.
For: Transmission, distribution and sale of electricity
Affects: Tract E of Parcel A
86. Easement, including terms and provisions contained therein:
Recording Date: May 7, 2009
Recording Information: 20090507000879
In Favor of: City of Renton
For: Water pipelines to serve fire hydrant
Affects: Parcel B
87. This item has been intentionally deleted.
88. Easement, including terms and provisions contained therein:
Recording Information: 20130801002217
For: Access
Affects: Lot 5 of Parcel A
89. Easement, including terms and provisions contained therein:
Recording Information: 20130801002218
For: Access
Affects: Lots 5 and 7 of Parcel A
90. This item has been intentionally deleted.
91. Amended and Restated Covenants, conditions, restrictions and/or easements:
Recorded: December 17, 2021
Recording No.: 20211217001287
Said document amends and restates the document recorded under Recording No. 20151211001279.
The terms and provisions contained in the document entitled "Consent to Certain Uses under
Declaration of Covenants, Conditions and Restrictions" recorded August 9, 2017 as Recording Nos.
Form 5011453 (7-1-14) Page 19 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
20170809001593 and 20170809001594 of Official Records.
Assignment of Declarant Rights recorded December 21, 2021 under Recording No. 20211221000474.
(Affects all parcels)
92. This item has been intentionally deleted.
93. This item has been intentionally deleted.
94. This item has been intentionally deleted.
95. This item has been intentionally deleted.
96. Rights of tenants in possession, as tenants only, pursuant to written but unrecorded leases in effect
as of the date of this Deed, without rights or options to purchase the property.
97. This item has been intentionally deleted.
98. Easement, including terms and provisions contained therein:
Recording Date: March 14, 1962
Recording Information: 5398625
In Favor of: City of Seattle
For: Electric transmission and distribution line
Affects: Parcels G and H
Said easement is a correction of easement recorded under Recording No. 5332652.
99. Easement, including terms and provisions contained therein:
Recording Date: November 28, 1961
Recording Information: 5371813
In Favor of: City of Seattle
For: Electric transmission and distribution line
Affects: Parcels G and H
Document(s) declaring modifications thereof recorded April 29, 1962 as 5417049 of Official Records.
100. Easement, including terms and provisions contained therein:
Recording Date: September 15, 1965
Recording Information: 5927062
In Favor of: Olympic Pipeline Company
For: Oil pipeline and appurtenances
Affects: Parcels G and H
Document(s) declaring modifications thereof recorded October 26, 1967 as 6255972 of Official
Records.
Form 5011453 (7-1-14) Page 20 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
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101. Easement, including terms and provisions contained therein:
Recording Date: October 25, 1967
Recording Information: 6255262
In Favor of: City of Seattle
For: Sewer line system
Affects: Parcels G and H
Said easement was partially released by that instrument recorded under Recording No. 6505923.
102. This item has been intentionally deleted.
103. This item has been intentionally deleted.
104. This item has been intentionally deleted.
105. This item has been intentionally deleted.
106. Easement, including terms and provisions contained therein:
Recording Date: August 30, 2016
Recording Information: 20160830000686
In Favor of: Puget Sound Energy, Inc.
For: Transmission, distribution and sale of electricity
Affects: Parcels G and H
107. This item has been intentionally deleted.
108. This item has been intentionally deleted.
109. Any facts, rights, interests or claims that may exist or arise by reason of the following ma tters
disclosed by an ALTA/NSPS survey made by NV5 on October 14, 2021, designated 229420-E000124:
(A) Sections of Fence extend over the northerly boundary lines of Parcels B, C, D and E and easterly
boundary of Parcel B by undisclosed distances, ownership unknown;
(B) of fence extend over the westerly boundary of Lot 4 of Parcel A by undisclosed distances,
ownership unknown;
(C) Chain link fence in the northeasterly corner of Parcel F extends over the boundary by an
undisclosed distance, ownership unknown;
(D) Rockery and concrete extend over the westerly boundary of Lot 4 of Parcel A by undisclosed
distances, ownership unknown;
(E) Concrete walk extends over the westerly boundary of Lots 5 and 7 of Parcel A by an undisclosed
distance, ownership unknown;
(F) Sections of chain link fence and wall extend over the easterly boundary of Parcel F by an
undisclosed distance onto adjoining property;
(G) Portions of asphalt extend over the southern boundary of Lot 8 of Parcel A by undisclosed
distances onto adjoining property.
110. This item has been intentionally deleted.
111. The terms and provisions contained in the document entitled "Declaration of Covenants, Conditions
and Restrictions" recorded September 21, 2007 as Recording No. 20070921001175 of Official
Records.
Assignment of Declarant's Rights recorded December 21, 2021 under Recording No.
20211221000476.
Form 5011453 (7-1-14) Page 21 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
(Affects Parcel A, Tract 2)
112. Easement, including terms and provisions contained therein:
Recording Date: February 14, 1986
Recording Information: 8602140883
In Favor of: Puget Sound Power & Light Company, a Washington
corporation
For: Electric transmission and/or distribution lines
Affects: Parcels G and H
113. This item has been intentionally deleted.
114. This item has been intentionally deleted.
115. This item has been intentionally deleted.
116. Easement, including terms and provisions contained therein:
Recording Information: 20151211001280
For: Storm water detention facilities
Affects: Tract B of Parcel A
117. The terms and provisions contained in the document entitled "Declaration of Boeing Environmental
Covenants" recorded December 17, 2021 as Recording No. 20211217001288 of Official Records.
Assignment of Declarant Rights recorded December 21, 2021 under Recording No. 20211221000475.
118. Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing and the terms
and conditions thereof.
Grantor/Trustor: Unico Longacres North Building LLC, a Delaware limited liability
company, Unico Longacres Residential LLC, a Delaware limited
liability company, Unico Longacres Central Systems LLC, a
Delaware limited liability company, Unico Longacres South
Building LLC, a Delaware limited liability company, Unico
Longacres East Building LLC, a Delaware limited liability
company, Unico Longacres Oakesdale Land LLC, a Delaware
limited liability company, Unico Longacres South Campus Land
LLC, a Delaware limited liability company, Unico Longacres 27th
Land LLC, a Delaware limited liability company, Unico Longacres
Tract E LLC, a Delaware limited liability company and Unico
Longacres Central Drainage LLC, a Delaware limited
liability company
Grantee/Beneficiary: Benaroya Holdings, L.L.C., a Washington limited liability
company
Trustee: First American Title Insurance Company
Amount: $80,000,000.00
Recorded: December 21, 2021
Recording Information: 20211221000477
Form 5011453 (7-1-14) Page 22 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
119. Unrecorded Lease made by UNICO LONGACRES SOUTH BUILDING LLC, lessor, to SEATTLE SOCCER,
LLC D/B/A SEATTLE SOUNDERS FC, lessee, as disclosed by a Subordination Nondisturbance and
Attornment Agreement recorded under Recording No. 20211222000222.
Said lease was subordinated to the lien of the instrument recorded under recording
no. 20211221000477 by subordination, non-disturbance and attornment agreement recorded under
recording no. 20211222000222.
120. Unrecorded Lease made by UNICO LONGACRES SOUTH BUILDING LLC and UNICO LONGACRES
SOUTH CAMPUS LAND LLC, lessor, to SEATTLE SOCCER, LLC D/B/A SEATTLE SOUNDERS FC, lessee,
as disclosed by a Subordination Nondisturbance Agreement recorded under Recording No.
20211222000223.
Said lease was subordinated to the lien of the instrument recorded under recording
no. 20211221000476 by subordination, non-disturbance and attornment agreement recorded under
recording no. 20211222000223.
Form 5011453 (7-1-14) Page 23 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
ZONING ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
AFFECTS: Lots 1-8, 11-14, 17, 20, 23-26, Tracts A, B, E, H and Parcels D, G and H
File No.: NCS-1027526-WA1
1. The Company insures against loss or damage sustained by the Insured in the event that, at Date of
Policy,
a. According to applicable zoning ordinances and amendments, the Land is not classified Zone IM,
Industrial-Medium and CO, Commercial Office with Urban Design District D overlay;
b. The following use or uses are not allowed under that classification: office
2. There shall be no liability under this endorsement based on
a. Lack of compliance with any conditions, restrictions, or requirements contained in the zoning
ordinances and amendments, including but not limited to the failure to secure necessary
consents or authorizations as a prerequisite to the use or uses. This paragraph 2.a. does not
modify or limit the coverage provided in Covered Risk 5.
b. The invalidity of the zoning ordinances and amendments until after a final decree of a court of
competent jurisdiction adjudicating the invalidity, the effect of which is to prohibit the use or
uses.
c. The refusal of any person to purchase, lease or lend money on the Title covered by this policy.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10003 (7-1-14) Page 23 of 48 ALTA 3-06 Zoning (6-17-06)
Form 5011453 (7-1-14) Page 24 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
ZONING - COMPLETED
STRUCTURE ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
Affects: Lots 1-8, 11-14, 17, 20, 21, 24-26, Tract A, B, E and H of Parcel A and Parcels G & H
File No.: NCS-1027526-WA1
1. The Company insures against loss or damage sustained by the Insured in the event that, at Date of
Policy,
a. according to applicable zoning ordinances and amendments, the Land is not classified Zone IM,
Industrial-Medium and CO, Commercial Office with Urban Design District D overlay;
b. the following use or uses are not allowed under that classification: mixed use of Offices, daycare,
research and development
c. There shall be no liability under paragraph 1.b. if the use or uses are not allowed as the result of
any lack of compliance with any conditions, restrictions, or requirements contained in the zoning
ordinances and amendments, including but not limited to the failure to secure necessary
consents or authorizations as a prerequisite to the use or uses. This paragraph 1.c. does not
modify or limit the coverage provided in Covered Risk 5.
2. The Company further insures against loss or damage sustained by the Insured by reason of a final
decree of a court of competent jurisdiction either prohibiting the use of the Land, with any existing
structure, as specified in paragraph 1.b. or requiring the removal or alteration of the structure,
because, at Date of Policy, the zoning ordinances and amendments have been violated with respect
to any of the following matters:
a. Area, width, or depth of the Land as a building site for the structure
b. Floor space area of the structure
c. Setback of the structure from the property lines of the Land
d. Height of the structure, or
e. Number of parking spaces.
3. There shall be no liability under this endorsement based on:
a. the invalidity of the zoning ordinances and amendments until after a final decree of a court of
competent jurisdiction adjudicating the invalidity, the effect of which is to prohibit the use or
uses;
b. the refusal of any person to purchase, lease or lend money on the Title covered by this policy.
Form 5011453 (7-1-14) Page 25 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a
previous endorsement is inconsistent with an express provision of this endorsement, this endorsement
controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of
any prior endorsements.
Date: December 20, 2021
Form 50-10576 (7-1-14) Page 25 of 48 ALTA 3.1-06 Zoning - Completed Structure (Rev. 10-22-09)
CLTA 123.2-06 (Rev. 10-22-09)
Form 5011453 (7-1-14) Page 26 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
COMMERCIAL ENVIRONMENTAL
PROTECTION LIEN ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of an environmental
protection lien that, at Date of Policy, is recorded in the Public Records or filed in the records of the Clerk
of the United States District Court for the district in which the Land is located, unless the environmental
protection lien is set forth as an exception in Schedule B.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10021 (7-1-14) Page 26 of 48 ALTA 8.2-06 Commercial Environmental Protection Lien (10-16-08)
CLTA 110.9.1-06 (10-16-08)
Form 5011453 (7-1-14) Page 27 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
COVENANTS, CONDITIONS AND RESTRICTIONS - UNIMPROVED LAND -
OWNER'S POLICY ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
AFFECTS: Lots 1-8, 11-14, 17, 20, 23-26, Tracts A, B, E, H and Parcels D, G and H
File No.: NCS-1027526-WA1
1. The insurance provided by this endorsement is subject to the exclusions in Section 4 of this
endorsement; and the Exclusions from Coverage, the Exceptions from Coverage contained in
Schedule B, and the Conditions in the policy.
2. For the purposes of this endorsement only, "Covenant" means a covenant, condition, limitation or
restriction in a document or instrument in effect at Date of Policy.
3. The Company insures against loss or damage sustained by the Insured by reason of:
a. A violation on the Land at Date of Policy of an enforceable Covenant, unless an exception in
Schedule B of the policy identifies the violation; or
b. A notice of a violation, recorded in the Public Records at Date of Policy, of an enforceable
Covenant relating to environmental protection describing any part of the Land and referring to
that Covenant, but only to the extent of the violation of the Covenant referred to in that notice,
unless an exception in Schedule B of the policy identifies the notice of the violation.
4. This endorsement does not insure against loss or damage (and the Company will not pay costs,
attorneys' fees, or expenses) resulting from:
a. any Covenant contained in an instrument creating a lease;
b. any Covenant relating to obligations of any type to perform maintenance, repair, or remediation
on the Land; or
c. except as provided in Section 3.b, any Covenant relating to environmental protection of any kind
or nature, including hazardous or toxic matters, conditions, or substances.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
By:
Authorized Countersignature
Form 50-10800 (7-1-14) Page 27 of 48 ALTA 9.1-06 Covenants, Conditions and Restrictions, Unimproved Land - Owner's Policy (Rev. 4-2-12)
Form 5011453 (7-1-14) Page 28 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
COVENANTS, CONDITIONS AND RESTRICTIONS -
IMPROVED LAND - OWNER'S POLICY ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
AFFECTS LOTS 22-23 OF PARCEL A AND PARCELS B, C, E AND F
File No.: NCS-1027526-WA1
1. The insurance provided by this endorsement is subject to the exclusions in Section 4 of this
endorsement; and the Exclusions from Coverage, the Exceptions from Coverage contained in
Schedule B, and the Conditions in the policy.
2. For the purposes of this endorsement only,
a. "Covenant" means a covenant, condition, limitation or restriction in a document or instrument in
effect at Date of Policy.
b. "Improvement" means a building, structure located on the surface of the Land, road, walkway,
driveway, or curb, affixed to the Land at Date of Policy and that by law constitutes real property,
but excluding any crops, landscaping, lawn, shrubbery, or trees.
3. The Company insures against loss or damage sustained by the Insured by reason of:
a. A violation on the Land at Date of Policy of an enforceable Covenant, unless an exception in
Schedule B of the policy identifies the violation;
b. Enforced removal of an Improvement as a result of a violation, at Date of Policy, of a building
setback line shown on a plat of subdivision recorded or filed in the Public Records, unless an
exception in Schedule B of the policy identifies the violation; or
c. A notice of a violation, recorded in the Public Records at Date of Policy, of an enforceable
Covenant relating to environmental protection describing any part of the Land and referring to
that Covenant, but only to the extent of the violation of the Covenant referred to in that notice,
unless an exception in Schedule B of the policy identifies the notice of th e violation.
4. This endorsement does not insure against loss or damage (and the Company will not pay costs,
attorneys' fees, or expenses) resulting from:
a. any Covenant contained in an instrument creating a lease;
b. any Covenant relating to obligations of any type to perform maintenance, repair, or remediation
on the Land; or
c. except as provided in Section 3.c, any Covenant relating to environmental protection of any kind
or nature, including hazardous or toxic matters, conditions, or substances.
Form 5011453 (7-1-14) Page 29 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
By:
Authorized Countersignature
Form 50-10801 (7-1-14) Page 29 of 48 ALTA 9.2-06 Covenants, Conditions and Restrictions Improved Land - Owner's Policy (Rev. 4-2-12)
Form 5011453 (7-1-14) Page 30 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
PRIVATE RIGHTS - OWNER'S POLICY
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
1. The insurance provided by this endorsement is subject to the exclusions in Section 4 of this endorsement;
and the Exclusions from Coverage, the Exceptions from Coverage cont ained in Schedule B, and the
Conditions in the policy.
2. For the purposes of this endorsement only:
a. "Covenant" means a covenant, condition, limitation or restriction in a document or instrument recorded in
the Public Records at Date of Policy.
b. "Private Right" means (i) an option to purchase; (ii) a right of first refusal; or (iii) a right of prior approval
of a future purchaser or occupant.
3. The Company insures against loss or damage sustained by the Insured under this Owner's Policy if
enforcement of a Private Right in a Covenant affecting the Title at Date of Policy based on a transfer of Title
on or before Date of Policy causes a loss of the Insured's Title.
4. This endorsement does not insure against loss or damage (and the Company will not pay costs, attorneys'
fees, or expenses) resulting from:
a. any Covenant contained in an instrument creating a lease;
b. any Covenant relating to obligations of any type to perform maintenance, repair, or remediation on the
Land;
c. any Covenant relating to environmental protection of any kind or nature, including hazardous or toxic
matters, conditions, or substances; or
d. any Private Right in an instrument identified in Exception(s) None in Schedule B.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the
terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv)
increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is
inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this
endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.
IN WITNESS WHEREOF, the Company has caused this endorsement to be issued and become valid when
signed by an authorized officer or licensed agent of the Company.
Date: December 20, 2021
By:
Authorized Countersignature
Form 50-10892 (7-1-14) Page 30 of 48 ALTA 9.9-06 Private Rights - Owner's Policy (Rev. 4-2-13)
Form 5011453 (7-1-14) Page 31 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
ACCESS AND ENTRY
ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured if, at Date of Policy (i) the Land
does not abut and have both actual vehicular and pedestrian access to and from SW 16th Street (Parcels
B, C, D, E and F) and Oakesdale Avenue SW (Lots 21-23 of Parcel A) (the "Streets"), (ii) the Streets are
not physically open and publicly maintained, or (iii) the Insured has no right to use existing curb cuts or
entries along that portion of the Streets abutting the Land.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10045 (7-1-14) Page 31 of 48 ALTA 17-06 Access and Entry (6-17-06)
Form 5011453 (7-1-14) Page 32 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
UTILITY ACCESS ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
AFFECTS LOTS 22-23 OF PARCEL A AND PARCELS B, C, E AND F
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of the lack of a right of
access to the following utilities or services: [CHECK ALL THAT APPLY]
☒ Water service ☒ Natural gas service ☒ Telephone service
☒ Electrical power service ☒ Sanitary sewer ☒ Storm water drainage
☐ ☐ ☐
either over, under or upon rights-of-way or easements for the benefit of the Land because of:
(1) a gap or gore between the boundaries of the Land and the rights-of-way or easements;
(2) a gap between the boundaries of the rights-of-way or easements; or
(3) a termination by a grantor, or its successor, of the rights-of-way or easements.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10047 (7-1-14) Page 32of 48 ALTA 17.2-06 Utility Access (10-16-08)
Form 5011453 (7-1-14) Page 33 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
MULTIPLE TAX PARCEL
ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of:
1. those portions of the Land identified below not being assessed for real estate taxes under the listed
tax identification numbers or those tax identification numbers including any additional land:
Lot/Parcel:
1
2
3
4
5
6
7
8
11
12
13
14
17
20
21
22
23
24
25
26
Tr. A
Tr. B
Tr. E
Tr. H
B
C
D
D
E
F
16A
18A
H
Tax Identification Numbers:
088670-0010-02
088670-0020-00
088670-0030-08
088670-0040-06
088670-0050-03
088670-0060-01
088670-0070-09
088670-0080-07
088670-0110-01
088670-0120-09
088670-0130-07
088670-0140-05
088670-0170-08
088670-0200-02
088670-0210-00
088670-0220-08
088670-0230-06
088670-0240-04
088670-0250-01
088670-0260-09
088670-0360-08
088670-0370-06
088670-0400-00
088670-0350-00
242304-9048-06
242304-9050-01
242304-9052-09
242304-9055-06
242304-9071-06
242304-9022-06
088670-0160-00
088670-0180-06
088670-0090-05
2. the easements, if any, described in Schedule A being cut off or disturbed by the nonpayment of real
estate taxes, assessments of other charges imposed on the servient estate by a governmental
authority.
Form 5011453 (7-1-14) Page 34 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10049 (7-1-14) Page 34 of 48 ALTA 18.1-06 Multiple Tax Parcel (6-17-06)
CLTA 129.1-06 (6-17-06)
Form 5011453 (7-1-14) Page 35 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
CONTIGUITY - MULTIPLE
PARCELS ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of:
1. the failure of Parcels B through E; Portion of Parcel F lying westerly of Oakesdale Avenue SW and
Lots 1-8, 11-14, 20-22, Tracts A and B of Parcel A; Lot 17 of Parcel A and Lots 16A and 18A of Parcel
G; Portion of Parcel F lying easterly of Oakesdale Avenue SW, Lots 23 through 26 of Parcel A of Tract
I; and Tract H of Tract 2 of Parcel A, Tract E of Tract 1 of Parcel A of the Land to be contiguous to
each other as depicted on the ALTA/NSPS Survey prepared by NV5 on October 14, 2021, designated
as Job 229420-E000124
; or
2. the presence of any gaps, strips, or gores separating any of the contiguous boundary lines described
above.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10050 (7-1-14) Page 35 of 48 ALTA 19-06 Contiguity - Multiple Parcels (6-17-06)
Form 5011453 (7-1-14) Page 36 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
LOCATION ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of the failure of a
Commercial buildings
known as 1300, 1301 & 1316 SW 16th Street (Parcels B, C and F) and 1900 & 1901 Oakesdale Avenue
SW (Lots 22-23 of Parcel A), Renton, WA 98057,
to be located on the Land at Date of Policy.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10054 (7-1-14) Page 36 of 48 ALTA 22-06 Location (6-17-06)
Form 5011453 (7-1-14) Page 37 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
SAME AS SURVEY ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of the failure of the
Land as described in Schedule A to be the same as that identified on the survey made by NV5 dated
October 14, 2021, and designated Job No. 229420-E000124.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10059 (7-1-14) Page 37 of 48 ALTA 25-06 Same as Survey (10-16-08)
CLTA 116.1-06 (10-16-08)
Form 5011453 (7-1-14) Page 38 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
SUBDIVISION ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
The Company insures against loss or damage sustained by the Insured by reason of the failure of the
Land to constitute a lawfully created parcel according to the subdivision statutes and local subdivision
ordinances applicable to the Land.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
By:
Authorized Countersignature
Form 50-10061 (7-1-14) Page 38 of 48 ALTA 26-06 Subdivision (10-16-08)
Form 5011453 (7-1-14) Page 39 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
ENCROACHMENTS - BOUNDARIES AND EASEMENTS
ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
AFFECTS LOTS 22-23 OF PARCEL A AND PARCELS B, C, E AND F
File No.: NCS-1027526-WA1
1. The insurance provided by this endorsement is subject to the exclusions in Section 4 of this
endorsement; and the Exclusions from Coverage, the Exceptions from Coverage contained in
Schedule B, and the Conditions in the policy.
2. For purposes of this endorsement only, "Improvement" means an existing building, located on either
the Land or adjoining land at Date of Policy and that by law constitutes real property.
3. The Company insures against loss or damage sustained by the Insured by reason of:
a. An encroachment of any Improvement located on the Land onto adjoining land or onto that
portion of the Land subject to an easement, unless an exception in Schedule B of the policy
identifies the encroachment;
b. An encroachment of any Improvement located on adjoining land onto the Land at Date of Policy,
unless an exception in Schedule B of the policy identifies the encroachment;
c. Enforced removal of any Improvement located on the Land as a result of an encroachment by
the Improvement onto any portion of the Land subject to any easement, in the event that the
owners of the easement shall, for the purpose of exercising the right of use or maintenance of
the easement, compel removal or relocation of the encroaching Improvement; or
d. Enforced removal of any Improvement located on the Land that encroaches onto adjoining land.
4. This endorsement does not insure against loss or damage (and the Company will not pay costs,
attorneys' fees, or expenses) resulting from the encroachments listed as Exceptions NONE of
Schedule B.
Form 5011453 (7-1-14) Page 40 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
By:
Authorized Countersignature
Form 50-10808 (7-1-14) Page 40 of 48 ALTA 28.1-06 - Encroachments - Boundaries and Easements (4-2-12)
Form 5011453 (7-1-14) Page 41 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
POLICY AUTHENTICATION ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
When the policy is issued by the Company with a policy number and Date of Policy, the Company will not
deny liability under the policy or any endorsements issued with the policy solely on the grounds that the
policy or endorsements were issued electronically or lack signatures in accordance with the Conditions.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10899 (7-1-14) Page 41 of 48 ALTA 39.0-06 Policy Authentication (4-2-13)
Form 5011453 (7-1-14) Page 42 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
DELETION OF ARBITRATION - ALTA OWNER'S POLICY
ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
1. The policy is hereby amended by deleting Paragraph 14 from the Conditions of the policy.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement con trols.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10879 (10-1-12) Page 42 of 48 Deletion of Arbitration - ALTA Owner's Policy (6-05)
Form 5011453 (7-1-14) Page 43 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
IDENTIFIED RISK COVERAGE
ENDORSEMENT
Issued by
First American Title Insurance Company
Attached to Policy No.: 1027526-O
File No.: NCS-1027526-WA1
1. As used in this endorsement "Identified Risk" means: Test Lake Agreement Indemnity and Hold
Harmless Agreement described in Exception 50 and 52 of Schedule B.
2. The Company insures against loss or damage sustained by the Insured by reason of:
a. A final order or decree enforcing the Identified Risk in favor of an adverse party; or
b. The release of a prospective purchaser or lessee of the Title or lender on the Title from the
obligation to purchase, lease, or lend as a result of the Identified Risk, but only if
i. there is a contractual condition requiring the delivery of marketable title, and
ii. neither the Company nor any other title insurance company is willing to insure over the
Identified Risk with the same conditions as in this endorsement.
3. The Company will also pay the costs, attorneys' fees, and expenses incurred in defense of the Title
by reason of the Identified Risk insured against by Paragraph 2 of this endorsement, but only to the
extent provided in the Conditions.
4. This endorsement does not obligate the Company to establish the Title free of the Identified Risk or
to remove the Identified Risk, but if the Company does establish the Title free of the Identified Risk
or removes it, Section 9(a) of the Conditions applies.
This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any
of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of
Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous
endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.
Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior
endorsements.
Date: December 20, 2021
Form 50-10794 (7-1-14) Page 43 of 48 ALTA 34-06 Identified Risk Coverage (8-1-11)
Form 5011453 (7-1-14) Page 44 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
Exhibit A
ISSUED BY
First American Title Insurance Company
POLICY NUMBER
1027526-O
File No.: NCS-1027526-WA1
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF King, STATE OF WA, AND IS DESCRIBED AS
FOLLOWS:
PARCEL A:
TRACT 1:
LOTS 1, 2, 3, 4, 5, 6, 7, 8 11, 12, 13, 14, 17, 20, 21, 22, 23, 24, 25 AND 26 AND TRACTS A, B AND E OF BOEING
LONGACRES PROPERTY BINDING SITE PLAN, ACCORDING TO THE PLAT RECORDED IN VOLUME 212 OF PLATS AT
PAGES 63 THROUGH 69 AND AMENDED IN VOLUME 219 OF PLATS AT PAGES 67 THROUGH 73 AND IN VOLUME 228 OF
PLATS AT PAGES 22 THROUGH 28, IN KING COUNTY, WASHINGTON;
EXCEPT THAT PORTION OF LOTS 4, 5 AND 7 CONVEYED TO CENTRAL PUGET SOUND REGIONAL TRANSIT AUTHORITY
BY DEED RECORDED UNDER RECORDING NO. 20130801002216; AND
EXCEPT THAT PORTION OF LOTS 1, 2, 3, 4 AND 7 CONVEYED TO BNSF RAILWAY COMPANY AND BN LEASING
CORPORATION BY DEED RECORDED UNDER RECORDING NO. 20131206001379.
TRACT 1-A:
A NON-EXCLUSIVE EASEMENT FOR FIRE ACCESS AS CREATED BY THAT FIRE ACCESS EASEMENT AGREEMENT
RECORDED UNDER RECORDING NO. 9905211140.
TRACT 2:
LOT H OF LOT LINE ADJUSTMENT NO. LUA 07-068-LLA RECORDED SEPTEMBER 11, 2007 AS RECORDING NO.
20070911900008, IN KING COUNTY, WASHINGTON.
PARCEL B:
THAT PORTION OF SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST, W.M., IN KING COUNTY, WASHINGTON,
DESCRIBED AS FOLLOWS:
BEGINNING AT THE INTERSECTION OF THE NORTH MARGIN OF SOUTH 153RD STREET (ALSO KNOWN AS BOND ISSUE
ROAD NO. 10, SURVEY NO. 1142), WITH THE WEST BOUNDARY OF C. D. HILLMAN'S EARLINGTON GARDENS ADDITION
TO THE CITY OF SEATTLE, DIVISION NO. 1, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 17 OF PLATS,
PAGE 74, IN KING COUNTY, WASHINGTON;
THENCE WESTERLY ALONG THE SAID NORTH MARGIN 350 FEET TO THE TRUE POINT OF BEGINNING OF THIS
DESCRIPTION;
THENCE CONTINUING WESTERLY ALONG SAID NORTH MARGIN 257 FEET;
THENCE NORTHERLY AT RIGHT ANGLES TO SAID SOUTH 153RD STREET TO THE SOUTHERLY MARGIN O F THE RIGHT
OF WAY OF PRIMARY STATE HIGHWAY NO. 1 AS ESTABLISHED BY THE DEED RECORDED UNDER AUDITOR'S FILE NO.
5648715;
THENCE NORTHEASTERLY ALONG SAID SOUTHERLY MARGIN TO A LINE DRAWN NORTHERLY AT RIGHT ANGLES TO
THE NORTH MARGIN OF SAID SOUTH 153RD STREET THROUGH THE TRUE POINT OF BEGINNING;
THENCE SOUTHERLY ALONG SAID LAST DESCRIBED LINE TO THE TRUE POINT OF BEGINNING; (BEING KNOWN AS
THAT PORTION OF TRACTS 9, 10, 11, AND 12, SUNSET HOME GARDENS, ACCORDING TO THE UNRECORDED PLAT
Form 5011453 (7-1-14) Page 45 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
THEREOF, LYING SOUTHERLY OF PRIMARY STATE HIGHWAY NO. 1).
PARCEL C:
THAT PORTION OF THE FOLLOWING DESCRIBED PROPERTY LYING SOUTHERLY OF THE SOUTHERLY LINE OF BLACK
RIVER JUNCTION ROAD, ALSO KNOWN AS SECONDARY HIGHWAY NO. 1-L, AS CONVEYED BY DEED RECORDED UNDER
RECORDING NO. 2919483:
THAT PORTION OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER AND OF THE NORTHWEST QUARTER
OF THE SOUTHEAST QUARTER, SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST W.M., IN KING COUNTY,
WASHINGTON, DESCRIBED AS FOLLOWS:
BEGINNING AT THE INTERSECTION OF THE NORTHERLY MARGIN OF BOND ISSUE ROAD NO. 10 "SURVEY NO. 1142"
NOW SOUTH 153RD STREET, WITH THE WEST BOUNDARY OF C.D. HILLMAN'S EARLINGTON GARDENS ADDITION TO
THE CITY OF SEATTLE, DIVISION NO. 1, AS PER PLAT RECORDED IN VOLUME 17 OF PLATS, PAGE 74, RECORDS OF
KING COUNTY; THENCE WESTERLY ALONG SAID NORTHERLY MARGIN 607 FEET TO THE TRUE POINT OF BEGINNING.
THENCE CONTINUING WESTERLY ALONG SAID NORTHERLY MARGIN 120 FEET;
THENCE AT RIGHT ANGLES TO SAID NORTHERLY MARGIN, NORTHERLY 715 FEET, MORE OR LESS, TO THE
SOUTHEASTERLY MARGIN OF THE PUGET SOUND ELECTRIC RAILWAY RIGHT-OF-WAY "SEATTLE-RENTON INTERURBAN
RIGHT-OF-WAY";
THENCE NORTHEASTERLY ALONG SAID SOUTHEASTERLY MARGIN TO INTERSECT A LINE DRAWN NORTHERLY AND AT
RIGHT ANGLES TO THE NORTHERLY MARGIN OF SAID BOND ISSUE ROAD NO. 10, THROUGH THE TRUE POINT OF
BEGINNING;
THENCE SOUTHERLY, ALONG THE LAST DESCRIBED LINE, 745 FEET, MORE OR LESS, TO THE TRUE POINT OF
BEGINNING:
EXCEPT THAT PORTION CONVEYED TO THE STATE OF WASHINGTON FOR HIGHWAY PURPOSES BY DEED RECORDED
UNDER RECORDING NO. 5500257;
(ALSO BEING KNOWN AS THAT PORTION OF TRACTS 7 AND 8, SUNSET HOME GARDENS, ACCORDING TO THE
UNRECORDED PLAT THEREOF, LYING SOUTHERLY OF SECONDARY HIGHWAY NO. 1-L).
PARCEL D:
THAT PORTION OF THE NORTHWEST HALF OF THE SOUTHEAST HALF OF SECTION 24, TOWNSHIP 23 NORTH, RANGE 4
EAST WM., IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS:
BEGINNING ON THE NORTH LINE OF THE SOUTH 153RD STREET AT A POINT WHICH IS 789 FEET WESTERLY FROM
THE WEST LINE OF 80TH AVENUE SOUTH;
THENCE NORTHERLY, AT RIGHT ANGLES, TO THE SOUTH LINE OF PRIMARY STATE HIGHWAY NO. 1;
THENCE WESTERLY ALONG SAID SOUTH LINE TO INTERSECT A LINE PROJECTED NORTHERLY AT RIGHT ANGLES TO
THE NORTH LINE OF SAID SOUTH 153RD STREET FROM A POINT THEREON 854 FEET WESTERLY FROM THE WEST
LINE OF SAID 80TH AVENUE;
THENCE SOUTHERLY ALONG SAID PROJECTED LINE TO THE NORTH LINE OF SAID SOUTH 153RD STREET;
THENCE EASTERLY ALONG SAID LAST DESCRIBED LINE 65 FEET TO THE POINT OF BEGINNING;
TOGETHER WITH THAT PORTION OF 77TH AVENUE SOUTH, VACATED BY THE CITY OF RENTON ORDINANCE NO. 2192,
AS WOULD ATTACH BY OPERATION OF LAW.
AND
THAT PORTION OF THE SOUTHWEST ¼ OF THE NORTHEAST QUARTER AND OF THE NORTHWEST QUARTER OF THE
SOUTHEAST QUARTER OF SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST W.M., IN KING COUNTY, WASHINGTON,
DESCRIBED AS FOLLOWS:
BEGINNING ON THE NORTH MARGIN OF SOUTH 153RD STREET (S.W. 16TH ST), AS CONVEYED TO KING COUNTY BY
DEED RECORDED UNDER RECORDING NO. 1144220, AT A POINT WHICH IS 727 FEET WEST OF THE WEST LINE OF
Form 5011453 (7-1-14) Page 46 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
C.D. HILLMAN'S EARLINGTON GARDENS ADDITION TO THE CITY OF SEATTLE, DIVISION NO. 1, AS PER PLAT
RECORDED IN VOLUME 17 OF PLATS, PAGE 74, RECORDS OF KING COUNTY;
THENCE WEST ALONG SAID STREET LINE 62 FEET;
THENCE NORTHERLY AT RIGHT ANGLES TO SAID STREET MARGIN 350 FEET, MORE OR LESS, TO THE SOUTHERLY
LINE OF RENTON JUNCTION WAY (SECONDARY STATE HIGHWAY NO. 1-L) AS CONVEYED BY DEED RECORDED UNDER
RECORDING NO. 2919489;
THENCE NORTHEASTERLY ALONG SAID LINE 68 FEET, MORE OR LESS, TO A POINT ON A LINE DRAWN FROM THE
POINT OF BEGINNING, NORTHERLY AT RIGHT ANGLES TO THE NORTH LINE OF SAID SOUTH 153RD STREET;
THENCE SOUTHERLY 370 FEET, MORE OR LESS, TO THE POINT OF BEGINNING;
EXCEPT THAT PORTION THEREOF LYING NORTHERLY OF A LINE DRAWN PARALLEL WITH AND 100 FEET DISTANT
SOUTHERLY WHEN MEASURED RADIALLY FROM THE F. A. I. - 405 CENTERLINE SURVEY OF PRIMARY STATE HIGHWAY
NO. 1, JCT. SSH #2-M TO JCT. PSH #2 IN RENTON, AS CONDEMNED IN KING COUNTY SUPERIOR COURT CAUSE NO.
594806;
(ALSO BEING KNOWN AS THAT PORTION OF TRACT 6, S UNSET HOME GARDEN TRACTS, ACCORDING TO THE
UNRECORDED PLAT THEREOF, LYING SOUTH OF RENTON JUNCTION WAY).
PARCEL E:
THAT PORTION OF THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER AND OF THE NORTHWEST QUARTER OF
THE SOUTHEAST ¼ OF SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST W.M., IN KING COUNTY, WASHINGTON,
LYING SOUTH OF SECONDARY STATE HIGHWAY NO. 1, LYING WEST OF 77TH AVENUE SOUTH (BLACK RIVER
JUNCTION-RENTON ROAD) AS CONVEYED UNDER RECORDING NO. 2919485, AND LYING NORTH OF SOUTH 153RD
STREET (S.W. 16TH ST.) ALSO KNOWN AS JAMES WELSON COUNTY ROAD NO. 673;
EXCEPT ANY PORTION THEREOF LYING WEST OF A LINE DRAWN PARALLEL TO AND DISTANT 240 FEET WEST FROM
THE CENTER LINE OF THE EXISTING CONCRETE PAVEMENT OF SAID 77TH AVENUE SOUTH (SAID CENTER LINE BEING
LOCATED 30 FEET EAST OF THE WEST LINE OF 77TH AVENUE SOUTH);
AND EXCEPT THAT PORTION THEREOF CONVEYED TO THE STATE OF WASHINGTON FOR PRIMARY STATE HIGHWAY
NO. 1 BY DEED RECORDED UNDER RECORDING NO. 5494126;
EXCEPT THAT PORTION CONVEYED TO THE CITY OF RENTON FOR STREET PURPOSES BY DEED RECORDED UNDER
RECORDING NO. 9304130340.
TOGETHER WITH THAT PORTION OF VACATED 77TH AVENUE S. ADJOINING WHICH, UPON VACATION, ATTACHES TO
SAID PROPERTY BY OPERATION OF LAW AS PROVIDED BY ORDINANCE NO. 2192 OF THE CITY OF RENTON.
PARCEL F:
PORTION OF GOVERNMENT LOT 14, AND A PORTION OF GOVERNMENT LOT 8, BOTH IN SECTION 24, TOWNSHIP 23
NORTH, RANGE 4 EAST, W.M., IN KING COUNTY, WASHINGTON, AND A PORTION OF THE NORTHWEST QUARTER OF
THE SOUTHEAST QUARTER OF SAID SECTION 24, AND A PORTION OF THE NORTHEAST QUARTER OF THE SOUTHEAST
QUARTER OF SAID SECTION 24, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHWEST CORNER OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SAID
SECTION 24;
THENCE FROM SAID POINT OF BEGINNING, ALONG THE EAST LINE OF SAID GOVERNMENT LOT 14 SOUTH 00°56'17"
WEST 68.96 FEET TO THE NORTH LINE OF HENRY A. MEADER'S DONATION LAND CLAIM NO. 46;
THENCE ALONG SAID NORTH LINE NORTH 87°13'57" WEST 1462.38 FEET;
THENCE LEAVING SAID NORTH LINE NORTH 00°22'11" EAST 1022.22 FEET TO THE SOUTHERLY RIGHT OF WAY OF I -
405;
THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE AND THE SOUTH RIGHT-OF- WAY LINE OF SW 16TH STREET
FROM A TANGENT THAT BEARS NORTH 62°52'57" EAST, ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A
RADIUS OF 543.14 FEET AND A CENTRAL ANGLE OF 26°45'00", AN ARC LENGTH OF 253.58 FEET;
THENCE TANGENT TO THE PRECEDING CURVE NORTH 89°37'57" EAST 1079.63 FEET;
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Washington
THENCE TANGENT TO THE PRECEDING COURSE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A RADIUS OF
1940.08 FEET AND A CENTRAL ANGLE OF 02°52'00", AN ARC LENGTH OF 97.07 FEET;
THENCE TANGENT TO THE PRECEDING CURVE NORTH 86°45'57" EAST 4.56 FEET;
THENCE TANGENT TO THE PRECEDING COURSE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A RADIUS OF
1880.08 FEET AND A CENTRAL ANGLE OF 01°32'55", AN ARC LENGTH OF 50.81 FEET, TO THE NORTHWEST CORNER OF
PARCEL CONVEYED TO THE CITY OF RENTON UNDER RECORDING NUMBER 8911030810, KING COUNTY RECORDS;
THENCE ALONG THE BOUNDARY OF LAST SAID PARCEL SOUTH 08°35'56" WEST 42.70 FEET AND NORTH 79°13'48"
EAST 58.77 FEET TO THE WEST RIGHT OF WAY LINE OF THE WHITE RIVER DRAINAGE DITCH NO. 1, AS CONDEMNED
IN SUPERIOR COURT CAUSE NO. 32912, KING COUNTY RECORDS;
THENCE ALONG SAID WEST RIGHT OF WAY LINE THE FOLLOWING COURSES :
SOUTH 00°25'33" EAST 47.35 FEET;
SOUTH 01°48'32" WEST 44.26 FEET;
SOUTH 07°14'42" EAST 48.28 FEET;
SOUTH 19°25'58" EAST 66.50 FEET;
SOUTH 20°05'30" EAST 40.14 FEET;
SOUTH 30°55'50" EAST 51.32 FEET;
SOUTH 39°53'54" EAST 32.19 FEET;
SOUTH 30°06'16" EAST 76.04 FEET;
SOUTH 27°12'00" EAST 34.56 FEET;
SOUTH 31°19'50" EAST 41.01 FEET;
SOUTH 36°00'41" EAST 74.11 FEET;
SOUTH 31°50'12" EAST 42.02 FEET;
SOUTH 42°05'27" EAST 47.21 FEET;
SOUTH 40°19'57" EAST 47.67 FEET;
SOUTH 45°25'52" EAST 59.32 FEET;
SOUTH 50°37'12" EAST 39.63 FEET;
SOUTH 51°16'55" EAST 68.16 FEET;
SOUTH 81°36'50" EAST 62.75 FEET;
NORTH 86°59'20" EAST 94.92 FEET;
SOUTH 55°04'26" EAST 53.26 FEET;
SOUTH 48°31'30" EAST 45.85 FEET;
SOUTH 39°25'24" EAST 49.84 FEET;
SOUTH 36°49'16" EAST 46.76 FEET;
SOUTH 44°53'21" EAST 48.07 FEET;
SOUTH 29°35'20" EAST 35.41 FEET;
SOUTH 30°48'41" EAST 46.69 FEET;
SOUTH 20°07'49" EAST 85.72 FEET; AND
SOUTH 24°18'59" EAST 68.77 FEET TO THE SOUTH LINE OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER
OF SAID SECTION 24;
THENCE ALONG LAST SAID SOUTH LINE NORTH 87&'45" WEST 918.35 FEET TO THE POINT OF BEGINNING;
EXCEPT THAT PORTION FOR SOUTHWEST 16TH STREET AS CONVEYED TO THE CITY OF RENTON BY DEED RECORDED
UNDER RECORDING NO. 9504060139;
EXCEPT THAT PORTION FOR OAKESDALE AVENUE SOUTH AS CONVEYED TO THE CITY OF RENTON BY DEED
RECORDED UNDER RECORDING NO. 9803250371;
EXCEPT THAT PORTION CONVEYED TO KING COUNTY DRAINAGE DISTRICT NO. 1, KING COUNTY, WASHINGTON BY
DEED RECORDED UNDER RECORDING NO. 19990703000354;
TOGETHER WITH THAT PORTION CONVEYED FROM KING COUNTY DRAINAGE DISTRICT NO. 1, KING COUNTY,
WASHINGTON BY DEED RECORDED UNDER RECORDING NO. 19990703000353.
PARCEL F-1:
A NON-EXCLUSIVE EASEMENT FOR CONSTRUCTING, RECONSTRUCTING, INSTALLING, REPAIRING, REPLACING,
Form 5011453 (7-1-14) Page 48 of 48 ALTA Owner's Policy of Title Insurance (6-17-06)
Washington
OPERATING, MAINTAINING AND CLEANING A 36' REINFORCED CONCRETE PIPE (RCP) OUTFALL STRUCTURE AS
ESTABLISHED BY EASEMENT RECORDED MAY 19, 1994 UNDER RECORDING NO. 9405190503.
PARCEL G:
LOTS 16A AND 18A OF LOT LINE ADJUSTMENT NO. LUA15-000850-LLA RECORDED UNDER RECORDING NO.
20151224900008, IN KING COUNTY, WASHINGTON.
PARCEL H:
TRACT I OF LOT LINE ADJUSTMENT NO. LUA15-000850-LLA RECORDED UNDER RECORDING NO. 20151224900008, IN
KING COUNTY, WASHINGTON.