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HomeMy WebLinkAboutMiscFinal Wetland and Stream Buffer Mitigation Plan Proposed Walgreens at NE 4th Street and Union Avenue NE Renton, Washington November 26, 2008 Submitted To: Mr. Thomas Thompson, AIA 29619 151 " Avenue NE Stanwood, Washihgton 98292 By: Shannon & Wilson, Inc. 400 N 34'" Street, Suite 100 Seattle, Washington 98103 21-1-12244-001 TABLE OF CONTENTS Page 1.0 INTRODUCTION .................................................................................................................. 1 2.0 SITE DESCRIPTION AND PROJECT HISTORY ............................................................... ! 3.0 PROPOSED PROJECT .......................................................................................................... 2 4.0 FINAL WETLAND AND STREAM BUFFER MITIGATION ........................................... 2 5.0 FUNCTIONS AND VALUES ASSESSMENT .................................................................... 3 5.1 Existing Conditions ................................................................................................... .5 5 .2 Proposed Buffer Averaging Conditions ..................................................................... 5 6.0 PLANTING PLAN ................................................................................................................ 7 7.0 RESTORATION SEQUENCE .............................................................................................. 7 8.0 MAINTENANCE ................................................................................................................... 8 9.0 MONITORING PLAN ........................................................................................................... 9 I 0.0 SUCCESS CRITERIA ......................................................................................................... 10 10.1 Year One -Quarterly Monitoring ............................................................................ 11 10.2 Years Two through Five -Annual Monitoring ........................................................ 11 11.0 CLOSURE ............................................................................................................................ 12 12.0 REFERENCES ..................................................................................................................... 13 LIST OF TABLES Table No. 1 Planting Plan for Restoration Area ......................................................................... .3 2 Seed Specifications for Restoration Area ................................................................ 3 3 On-site Wetland and Stream Buffer Functions and Values Matrix ......................... 6 21-1-12244-00 l-RI f-Rev.doc/wp/S&W 21-1-12244-001 TABLE OF CONTENTS (cont.) LIST OF FIGURES Figure No. I Site Vicinity Map 2 Proposed Site Plan and Buffer Map 3 Final Planting Plan Typical LIST OF SHEETS Sheet No. I Final Wetland and Stream Buffer Mitigation Plan -Detailed Planting Plan 2 Proposed Site Plan and Buffer Map APPENDIX Important Information About Your Wetland Delineation/Mitigation and/or Stream Classification Report 21-1-12244-00 I-RI f-Rev.doc/wp/S& W 21-1-12244-001 II FINAL WETLAND AND STREAM BUFFER MITIGATION PLAN PROPOSED WALGREENS AT NE 4TH STREET AND UNION AVENUE NE RENTON, WASHINGTON 1.0 INTRODUCTION As part of a proposed site redevelopment for Walgreens, a wetland and stream buffer will be reestablished along the eastern edge of the site, which is currently paved. This final wetland and stream buffer mitigation plan has been prepared by Shannon & Wilson, Inc. in accordance with the City ofRenton's (City's) Environmental Regulations. The objective of this mitigation plan is to reestablish a native plant community typical of the surrounding undisturbed buffer. The scope of work for this mitigation plan is based on our proposal to Mr. Thomas Thompson, dated December 26, 2007. 2.0 SITE DESCRIPTION AND PROJECT HISTORY The proposed Walgreens property (herein referred to as "the site") includes King County Parcel Nos. 518210-0008 and -0009, located on the southeast comer of the intersection at NE 4th Street and Union Avenue NE within the City of Renton, Washington. It is approximately 1.17 acres and is located within the NW V. Section 15, Township 23 North, Range 5 East, Willamette Meridian (Figure I). Maplewood Creek flows northwest to southeast through the site within a buried culvert. The creek daylights immediately east of the property and continues in a southeasterly direction within a shallow channel. The site is predominantly paved, with the exception of small, landscaped amenities, and slopes gradually eastward. On-site catch basins capture and convey stormwater directly to the culvert. East of the site, an unnamed, seasonal tributary to Maplewood Creek runs southward, parallel to the property boundary before its confluence with Maplewood Creek. The off-site reach of Maplewood Creek is bounded by a wetland. Maplewood Creek and its tributary are considered Class 4 streams under the City's Renton Municipal Code (RMC). The off-site wetland is considered a Category 2 wetland under the RMC. Buffers for the Class 4 streams and Category 2 wetland extend onto the east side of the site (Figure 2). 2l-l-l2244-001-Rlf-Rev.dodwp1S&W 21-1-12244-001 I Under the RMC, redevelopment of the site is required to comply with the City's Environmental Regulations, which require all non-conforming structures within critical areas ( e.g., wetland and stream buffers) to be removed. 3.0 PROPOSED PROJECT The proposed redevelopment of the site would include constructing a Walgreens drug store and associated parking. To the south of the site is an existing Les Schwab tire business and associated parking areas. The proposed redevelopment would also include modification of existing parking and traffic flow through the site and the Les Schwab property. The current site plan for the proposed Walgreens (Figure 2 and Sheet 1) has been designed to avoid impacts to the on-site, culverted reach of Maplewood Creek and to reestablish the wetland and stream buffer along the eastern portion of the site. The proposed Walgreens has been located away from the buried stream; therefore, no stream mitigation will be required. Mitigation will be required as part of the redevelopment for that portion of wetland and stream buffer that is currently paved. The following wetland and stream buffer mitigation plan addresses this required mitigation. 4.0 FINAL WETLAND AND STREAM BUFFER MITIGATION The redevelopment of the site for the proposed Walgreens will require reestablishing a minimum of 2,849 square feet of wetland and stream buffer along the eastern portion of the site. Under the RMC, buffer modification may occur through buffer averaging or buffer reduction. The proposed site plan has been designed to accommodate buffer averaging. The standard wetland and stream buffers, as well as the proposed buffer-averaging configuration, are shown in Figure 2 and Sheet 1. Wetland and stream buffer averaging are allowed under RMC 4-3-050(L)5d and 4-3-050(M)6f provided that (a) the proposed buffer averaging area remains contiguous and (b) there is no decrease in net area of the buffer. The proposed buffer averaging configuration shown in Figure 2 and Sheet 1 provides a total of 3,030 square feet of reestablished buffer along the eastern edge of the site. To reestablish that portion of on-site buffer, pavement and subgrade within the proposed buffer averaging area will be removed, and native tree, shrub, and herbaceous species will be installed according to the specifications provided in Tables I and 2. A cedar split-rail fence will be 21-1-12244-001-Rl f-Rev.doc/wp/S&W 21-1-12244-00 I 2 installed around the perimeter of the reestablished wetland and stream buffer area to reduce pedestrian intrusion into the buffer. A detail of the fence design is provided in Sheet 1. Signage identifying the reestablished buffer as a critical area will be placed on the fence at approximately 50-foot intervals. TABLE I PLANTING PLAN FOR RESTORATION AREA REESTABLISHED BUFFER Common Name Scientific Name Quantity Size Condition Spacing Douglas fir Pseudotsuga menziesii 20 >3 feet 2-gallon pot 9 feet O.C. Big-leaf maple Acer macrophyllum 20 >3 feet 2-gallon pot 9 feetO.C. Scouter willow Salix scoulerlana 75 12+ inches I -gallon pot 4 feetO.C. Indian plum Oemleria cerasiformis 25 12+ inches 1-lo 2-gallon pot 4 feetO.C. Lewis' mock orange Philadelphus /ewisii 75 12+ inches 1-to 2-gallon pot 4 feet O.C. Tall Oregon grape Mahonia aquifo/ium 25 12+ inches I-to 2-gallon pot 4 feet O.C. Nootkarose Rosa nutkana 77 12+ inches 1-to 2-gallon pot 4 feet O.C. O.C. = on center TABLE2 SEED SPECIFICATIONS FOR RESTORATION AREA NATIVE BUFFER SEED MIX Common Name Scientific Name Percent by Weight, PLS California brome Bromus carinatus 10% Blue wild rye Elymus g/aucus 60% Red fescue F estuca rubra 30% PLS = pure live seed 5.0 FUNCTIONS AND VALVES ASSESSMENT To ensure that this final wetland and stream buffer mitigation plan complies with those requirements for buffer averaging under RMC 4-3-050(M)6f and RMC 4-3-050(5)d, a functions and values assessment is required. This requirement is to ensure that the ecological integrity of 21-1-12244-001-RI f-Rev.doc/wp/S&W 21-1-12244-001 3 the buffer and its adjacent critical area (wetland and/or stream) are protected from the proposed activity to the greatest extent practical. To adequately assess functions and values of the on-site portion of the buffer, the adjacent buffer and site conditions must be taken into account. The off-site buffer to the east of the site is associated with Maplewood Creek and Wetland A and varies in ecological sensitivity and existing level of disturbance. Along the southeast portion of the project site, the wetland and stream buffer consist of a mixed-forest canopy, which is dominated by black cottonwood (Populus trichocarpa) and Douglas fir (Pseudotsuga menziesii) trees. Native shrubs, such as Indian plum (Oemleria cerasiformis), salmonberry (Rubus spectabilis), and red-osier dogwood ( Cornus sericea ), are located within the forest understory. Along the western edge of this forested buffer, which abuts the site, vegetation includes more disturbed species such as Himalayan blackberry (Ru bus armeniacus ), as well as garbage and debris from illegal dumping. Along the northeast boundary of the project site, the wetland and stream buffer begins to steeply slope down towards Maplewood Creek and Wetland A. Vegetation throughout this portion of the off-site buffer is dominated by species typical of disturbed conditions, such as Himalayan blackberry (Rubus armeniacus) and butterfly bush (Buddleia davidi1). Garbage and debris are located throughout this portion of the buffer. The majority of standard wetland and stream buffer associated with Maplewood Creek and Wetland A is located in this portion of the site. A buffer mitigation plan developed for the adjacent Former Ribera site is currently being installed, which changes the current conditions of the off-site buffer along the northeastern portion of the site. Through the buffer mitigation plan associated with the Former Ribera site, many of the non-native shrubs are being removed and replaced with native shrub species. The following functions and values assessment compares the existing and proposed buffer functions and values conditions. To accomplish a functions and values assessment for that portion of the buffer extending onto the site, the Wetland and Buffer Functions Semi- Quantitative Assessment Methodology (SAM) (Cooke, 2002) was referenced. Due to the size of buffer on site in context to the total wetland and buffer area, the SAM methodology was not appropriate to assess changes to such a small area. However, those functions included in the SAM were used to qualitatively assess the existing and proposed buffer conditions. These functions and values include flood/storrnwater control, base flow/groundwater support, erosion/shoreline protection, water quality improvement, natural biological support, overall habitat support, specific habitat functions, and cultural/socioeconomic values. These changes to 21-1-12244-00 l-Rl f-Rev.doc/wp/S&W 21-1-12244-001 4 these functions and values are also summarized for both existing and proposed conditions as a matrix in Table 3. 5.1 Existing Conditions The current on-site portion of standard wetland and stream buffer (2,849 square feet) is paved and interrupted from the off-site buffer by curbs. A few landscaped conifers are located in patches throughout the existing car wash site; however, these landscaped patches are outside of the on-site portion of standard wetland and stream buffer. This standard buffer configuration is largely limited to that portion in the immediate vicinity of Maplewood Creek where it exits the buried culvert and flows through Wetland A, east of the site. The current standard on-site buffer configuration provides no low flood/stormwater control functions, base flow/groundwater support functions, water quality improvement functions, overall habitat functions, specific habitat functions, or cultural/socioeconomic values. No natural biological support functions or overall habitat functions are provided by the current standard on- site buffer. However, the on-site standard buffer does provide moderate erosion/shoreline protection (see Table 3). 5.2 Proposed Buffer Averaging Conditions The proposed buffer averaging site conditions will provide a band of buffer along the eastern edge of the site ranging from approximately 5 to 25 feet in width. The widest portion of buffer will be located near the outfall of Maplewood Creek. The proposed buffer averaging configuration will provide improved functions and values relative to existing conditions. This includes providing moderate flood/stormwater control, base flow/groundwater support, erosion/shoreline protection, water quality improvement, natural biological support, overall habitat support, specific habitat functions, and cultural/socioeconomic values (see Table 3). Therefore, the proposed buffer averaging configuration will result in a net increase in functions and values. 21-1-12244-00 l-Rl f-Rev.doc/wp/S&W 21-1-12244-001 5 TABLE3 ON-SITE WETLAND AND STREAM BUFFER FUNCTIONS AND VALUES MA TRIX Flood / Stormwater Base Flow / Groundwater Erosion / Shoreline Water Quality Improvement Control Sun""rt Protection FV Score• = Low FV Score= Low FV Score = Moderate FV Score= Low Rainfall falling on the The current standard buffer Due to the site's being entirely Rainfall occurring on the current standard buffer area area provides no base paved, with curbs along the current standard buffer area (paved parking and flow/groundwater support eastern perimeter under (paved parking and roadways) roadways) generally results since it is entirely paved current conditions, no surface results in stormwater that in storrnwater that drains to and stormwater enters flow exits the site to the east to drains to a catch basin on site, a catch basin on site, which Maplewood Creek without create erosion and which discharges directly to discharges directly to infiltrating or receiving sedimentation. However, due Maplewood Creek and Current Maplewood Creek and detention. to the current site eventually Wetland A. Conditions eventually to Wetland A. configuration, the off-site Pollutants such as dissolved Some rainfall that reaches buffer slopes steeply down to metals, hydrocarbons, and the standard buffer area will Maplewood Creek and total suspended solids become evaporate from the paved Wetland A. entrained in the stonnwater surface. No rainfall from on-site parking and interception or infiltration roadways before entering the currently occurs. Maplewood Creek and Wetland A. FV Score = Moderate FV Score= Moderate FV Score= Moderate FV Score = Moderate Rainfall falling on the Rainfall that falls on the Under the proposed buffer Rainfall occurring on the proposed buffer averaging proposed buffer averaging averaging conditions, native proposed buffer averaging configuration will be configuration will, in part, plantings will be installed configuration will interact intercepted by installed infiltrate into the imported throughout. As this vegetation with the installed, native native plantings, infiltrated topsoil. This will provide a matures, the root structure plantings and top soil. This into restored topsoil, or small degree of base flow from this vegetation will area of buffer will reduce the result in minor surface flow and groundwater support to provide improved soil stability current area of pollutant- down slope into Wetland A, Maplewood Creek and along the slope down to generating surface. Rainfall Proposed Tributary A, or Maplewood Wetland A. Maplewood Creek and that reaches the proposed Buffer Creek. As native plantings Wetland A. Additionally, this buffer "take" areas ( that Averaging become established, the mitigation plan calls for the portion of the standard buffer Configuration roots of this vegetation will slope from the eastern edge of not included in the proposed increasingly utilize the site to be graded to a more buffer averaging infiltrated rainfall, stabilize gradual slope. Through these configuration) will runoff as the on-site slopes, and measures, the erosion/ storrnwater. Stonnwater from increase the complexity of shoreline protection functions the site treated prior to being hydrologic functions. provided by the existing buffer released to Maplewood Creek, conditions will be improved. will improve the quality of water entering Maplewood Creek. Note: Functions and values are assessed qualitatively and are based on a comparison between existing conditions and proposed conditions. * FV Score = Functions and Values Score 2 I -l-12244-00 I-RI f-Rev.doc/wp/S& W 6 Natural Biological Support Overall Habitat Functions FV Score= N/A FV Score= N/A Natural biological support The "overall habitat functions are intended to functions" are intended to reflect the connectivity, reflect the habitat diversity vegetation, surface water and percentage of sanctuary presence, community types, or refuge offered by the plant diversity, percent of current site conditions. Due invasive species, organic to the site's being entirely material production, habitat paved, no overall habitat features, and buffer functions are provided condition. Due to the current currently. site conditions (paved parking and roadways), no natural biological support fllllctions are currently provided. FV Score= Moderate FV Score = Moderate Under the proposed buffer Through the revegetation averaging configuration, the with several native plant buffer will connect to the off-species, the buffer will site buffer and has been improve the current site designed to complement the habitat diversity and provide mitigation plan developed for sanctuary and refuge by the adjacent Forrner Ribera creating new niches for property, providing a diverse wildlife not currently variety of native plantings offered on site. that offer structural complexity and improved wildlife habitat for the buffer. Through this buffer mitigation plan, the buffer will begin to produce and export organic materials and improve the overall condition of the buffer. SHANNON & WILSON, INC. Specific Habitat Cultural/ Functions Socioeconomic FV Score= Low FV Score = Low The current standard The current standard buffer area provides buffer area provides minimal specific habitat minimal cultural/ functions. The habitat socioeconomic values. provided on site is Residents and users of suitable for edge species the site are able to get that have adapted to urban close access to the areas adjacent to small Tributary A, Wetland A, forest areas. This and Maplewood Creek; includes species such as however, no signage is raccoon, brewer's provided to educate blackbird, and European those residents and users starling. of the importance of these natural resources. FV Score = Moderate FV Score = Moderate While the wildlife habitat Under the proposed provided by the site will buffer averaging remain suitable for edge configuration, the buffer species, the proposed will be fenced off to the buffer averaging public. However, signs configuration will provide will be placed along the improved biodiversity perimeter of the fence to through native plantings. educate residents and Through the installation users of the site of of native plantings, new Maplewood Creek and niches will be created for the sensitive habitat additional wildlife provided by the wetland species, namely and stream. songbirds. 21-1-12244-001 6.0 PLANTING PLAN The planting plan is designed to establish native, non-invasive plant species in the reestablished buffer. The plant species selected for this area are native to the project area and have displayed a high degree of success in similar restoration projects. See Table I for the plant species selected and Table 2 for the native seed mix that should be applied. The planting plan calls for the installation of 317 native woody plants to be placed throughout the reestablished buffer. Planting should be done by hand in natural, randomized clusters. All vegetation should be installed the same day the plants are obtained. Plants that cannot be planted within one day after arrival should be "heeled in" for protection against drying. For best results, planting should occur during the fall or winter seasons (October to February) when plants are most dormant and have the greatest potential for survival. The seed mix should be applied at 80 pounds of pure live seed (PLS) per acre. Based on the area of proposed reestablished buffer (3,030 square feet), this would equal approximately 6 pounds of seed mix required. This seed mix will help encourage the introduction of native grass and herbaceous species throughout the reestablished buffer. Seeds must be thoroughly mixed before being hand broadcast throughout the reestablished buffer. For best results, seeding should occur between June and August, assuming irrigation is provided. 7.0 RESTORATION SEQUENCE The restoration sequence is as follows: A. Remove asphalt and subgrade from buffer-averaging areas. B. During grading, overexcavate the upper I foot of underlying soils and transition the slopes with the off-site topography. Place 1 foot of compost-amended topsoil (Cedar Grove or equivalent) over the graded buffer. C. Install woven jute matting along the slope along the northeastern portion of the site where slopes are steep to provide additional soil stability and to reduce the potential for the herbaceous seed mix (Table 2) to be washed off site. Rolls of jute matting ( 4 feet wide and 225 feet Jong) are available at Layfield Plastics, Inc. in Renton, Washington. D. Procure restoration plants and native seed, as specified in Tables 1 and 2, from a registered nursery (e.g., Sound Native Plants or Storm Lake Growers) or through a licensed landscaper. Procured plant material should not be allowed to become desiccated throughout the restoration sequence; therefore, irrigation should not be limited to post- installation because desiccation will ultimately reduce the success of the mitigation. 21-1-12244-001-Rl f-Rev.doc/wp/S&W 21-1-12244-001 7 E. Place plants within the reestablished buffer in natural, random clusters, as shown schematically in Figure 3 and Sheet 1. Dig a square-bottomed hole for each plant, twice the size of the container, and score edges of planting hole with shovel, so root growth is encouraged outside the hole. If necessary, cut a hole into the jute matting prior to digging the hole. Loosen plant roots slightly, and place root ball in center of hole, upright and level with ground surface. Backfill the hole with the remaining compost-amended soil tightly enough to remove air pockets from the disturbed soil, but loose enough to allow for drainage. F. Hand broadcast the native grass seed mix specified in Table 2 throughout the reestablished buffer. G. Irrigate plants thoroughly (King County recommends watering the restoration area with 2 inches of water immediately following planting). H. Mulch a 3-inch-deep, 2-foot radius around the base of each plant with wood chip mulch. I. Install a temporary, aboveground irrigation system calibrated to provide 2 inches of water per week to the reestablished buffer between July 15 and October 15 for the first two growmg seasons. J. Install the cedar split-rail fence along the perimeter of the buffer mitigation areas. Signage specified by the City should be affixed to the split-rail fence at 50-foot intervals. After the planting is completed, a wetland biologist should prepare an as-built or record drawing for the City's files. Receipts for installed plant material should also be retained. The applicant should submit the as-built drawing and plant material receipts to the City and request an inspection. 8.0 MAINTENANCE The following maintenance activities should be performed to ensure that the restoration is successful and to comply with City standards: A. Irrigate the restoration area with an aboveground irrigation system calibrated for 2 inches of water every week from June 15 to October 15 during the first two years after planting. B. At the end of the first year, complete a comprehensive plant count. This count should be completed by a wetland biologist and made available to a representative of the landscape contractor. The comprehensive plant count should determine the degree of plant mortality during the first year throughout.the entire reestablished buffer area. All plant mortalities should be replaced during the fall or winter following the first year after plant installation. Under normal circumstances, this plant replacement should be 21-1-12244-001-Rl f-Rev.doc/wp/S&W 21-1-12244-001 8 covered under the landscaper's one-year plant guarantee. Those plants not covered by the landscaper's guarantee should be replaced at the owner's expense. C. Remove nuisance weeds, such as Himalayan blackberry (Rubus armeniacus) and English ivy (Hedera helix), by hand from the mitigation area throughout all five years of the monitoring program to ensure the success of the installed vegetation. Herbicides may not be used unless specifically allowed by the City. If herbicide is approved by the City, its application must be performed by a licensed applicator, and all local, state, and federal permits should be obtained. D. Remove all noxious weeds as defined by the King County Noxious Weed List (http://dnr.metrokc.gov/wlr/lands/weeds/weedlist.cfm) for five years after planting. These include but are not limited to Japanese knotweed (Polygon um cuspidatum ), Scots broom ( Cytisus scoparius ), hedge bindweed ( Calystegia sepium ), purple loosestrife (L ythrum salicaria), and sulfur cinquefoil. None of these noxious weeds currently exist on site; however, these species have been observed in the site vicinity. Specifically, sulfur cinquefoil (Potentilla recta) and Scots broom ( Cytisus scoparius) have been observed east of the site. E. Remove all garbage and debris from the site and dispose of them at a facility certified to handle such waste. 9.0 MONITORING PLAN The primary purpose of the monitoring plan is to document the degree of success or failure in the reestablished buffer and to identify and implement remedial actions to ensure that the goals of the mitigation plan are achieved. A five-year monitoring program will be implemented, as required by the City, to assess the completed revegetation area and to provide a basis for determining whether the plants are surviving and the goals of the mitigation plan are being met. The five-year monitoring program requires quarterly monitoring events and reports during the first year and then annually thereafter, for a minimum of five successful years of maintenance and monitoring. Monitoring reports should identify and address of the following: A. Percent of plant survival amongst installed shrub and tree species. Classify plant survival amongst installed shrub and tree species by condition ( e.g., vigorous, living, stressed, dead). Quantitative monitoring will occur within representative vegetation sampling transects for all five years within the reestablished buffer. To accomplish accurate plant survival calculations, installed vegetation should be flagged annually to facilitate relocation during future monitoring events. 21-1-12244-001-Rl f-Rev.doc/wp/S& W 21-1-12244-001 9 Note: "Percent of plant survivaf' is not intended to mean the survival of planted material initially installed by the landscape contractor. Instead, it is intended to reflect the percentage of living tree and shrub species (not including recruited species) within the representative sampling transects relative to the number of tree and shrub species recorded during the baseline monitoring event. B. Percent areal coverage of installed and volunteer shrub and tree species. Quantitative monitoring of installed and volunteer tree and shrub species within the reestablished buffer will occur for all five years, in accordance with the City's timing requirements. To accurately calculate percent areal coverage, the point-intercept methodology will be used at three 50-to 100-foot-long, repeatable and representative, vegetation sampling transects located within the reestablished buffer. C. Percent areal coverage of seeded and recruited herbaceous species. Quantitative monitoring will occur for the first two years of the performance monitoring period within representative vegetation sampling transects throughout the wetland and buffer enhancement areas. D. Qualitative photographs. The enhanced wetland and buffer areas will be photographed from locations where photographs can be repeated during future site visits to qualitatively document and assess the success of the wetland and buffer enhancement throughout the site. E. Wildlife observations. Direct or indirect wildlife observations of the mitigated buffer areas will be documented, including evidence of nesting/denning, browse, audible calls, and scat. F. Maintenance concerns. Maintenance concerns such as, broken irrigation systems, broken fencing, plants that need replacing, noxious weed removal, vandalism, dumping, and other conditions that may be detrimental to the success of the wetland and stream buffer mitigation, should be reported and fixed. 10.0 SUCCESS CRITERIA Success criteria have been developed for year one, when monitoring is required on a quarterly basis, and for years two through five, when monitoring is required annually. Plant mortality is often at its highest during the first year following planting because of stress to installed plants. Therefore, the success criteria for year one are designed to allow for the plants to adjust to the conditions of the site. The success criteria for the mitigation plan include the following requirements: 21-1-12244-001-R I f-Rev.doc/wp/S& W 21-1-12244-001 10 IO.I Year One -Quarterly Monitoring A. No more than 15 percent of plant mortality during any year one quarterly monitoring event or 20 percent plant mortality at the end of the first year will be acceptable. See Item A, Section 8.0 for definition of"percent plant survival." If total plant mortality within the first year is greater than 15 percent following the comprehensive plant count, appropriate corrective measures should be taken to reduce the potential for further die back. These corrective measures may include substituting plant species, adding soil amendments, and/or re-calibrating temporary irrigation. All plant mortalities that occur after the first year should be replaced during that fall, when plant installation achieves a higher success rate. B. During the summer quarterly monitoring event following seeding, 25 percent cover of installed and recruited non-invasive herbaceous vegetation will be present within representative vegetation sapling transects. C. Himalayan blackberry (Rubus armeniacus), reed canarygrass (Phalaris arundinacea), and English ivy (Hedera helix) will comprise no more than 15 percent areal cover during any quarterly monitoring event. 10.2 Years Two through Five -Annual Monitoring A. The reestablished buffer will achieve either 85 percent survival or 5 percent areal coverage of native installed and recruited woody vegetation by the end of year two; 85 percent survival or IO percent coverage of native installed and recruited woody vegetation by the end of year three; 85 percent survival or 15 percent coverage of native installed and recruited woody vegetation by the end of year four; and 85 percent survival or 25 percent coverage of native installed and recruited woody vegetation by the end of year five. B. The reestablished buffer will achieve 50 percent cover by installed and recruited non- invasive herbaceous vegetation by the end of year two. No coverage requirements for herbaceous vegetation are proposed for years three through five. C. Himalayan blackberry (Rubus armeniacus), reed canarygrass (Phalaris arundinacea), and English ivy (Hedera helix) will comprise no more than 15 percent areal cover during years two through four and no more than IO percent areal cover by the end of year five. D. Noxious weeds will be removed within the mitigation area after each monitoring event. Removal will occur according to the King County Noxious Weed Board recommendations. Noxious weeds are defined by the most current King County noxious weed list, including Class A, B, and C noxious weeds. This success criterion does not pertain to those species classified as nuisance weeds. 21-1-12244-001-R l f-Rev.doc/wp/S& W 21-1-12244-001 11 SHANNON &WILSON, INC. If any monitoring report or City inspection shows that mitigation is not meeting these perfomrnnce standards, the applicant will work with the City to perform corrective actions appropriate to the mitigation (e.g., failing plants will be replaced, other plant species will be substituted, and noxious/nuisance weeds will be removed by hand or with approved herbicides provided all local, state, and federal permits are obtained to do so). 11.0 CLOSURE The findings and conclusions documented in this report have been prepared for specific application to this project. They have been developed in a manner consistent with that level of care and skill normally exercised by members of the environmental science profession currently practicing under similar conditions in the area. The conclusions and recommendations presented in this report are professional opinions based on interpretation of information currently available to us and made within the operational scope, budget, and schedule constraints of this project. No warranty, express or implied, is made. This report was prepared for the exclusive use of Thomas Thompson and his representatives. We have prepared the document, "Important Information About Your Wetland Delineation/ Mitigation Report," (Appendix) to assist you and others in understanding the use and limitations of our reports. SHANNON & WILSON, INC. PCJ:BSK:DNC/pcj 2 L-1-12244-0t.•l-R I r-Rev.d<X wp·LKD 2 l-l-12244-001 12 12.0 REFERENCES City of Renton, 2007, City of Renton critical areas regulations: Available: http://www.codepublishing.com/wa/renton/. Cooke, Sarah, 2002, Wetland and buffer functions Semi-Quantitative Assessment Methodology (SAM): Available: http://www.cookescientific.com/sam.htm. King County, 2007, King County noxious weed list: Available: http:// dnr. metrokc. gov /wlr/lands/weeds/la ws .htm. 21-1-12244-001-R I f-Rev.dodwp/S&W 13 21-1-12244-00 I ~ ~ ~ • I 0 1/4 1/2 Scale in Miles NOTE Reproduced with pennlsslon granted by THOMAS BROS. MAPS®. This map is copyrighted by@ Rand McNally, R.L. 08-S-34. It is unlawful to copy or reproduce all or any part thereof, whether for personal use or resale, without permission. All rights reserved. 4th and Union Walgreens ! I Final Wetland and Stream Buffer Mrtigation Plan Renton, Washington VICINITY MAP November 2008 21-1-12244-001 SHANNON & WILSON, INC. FIG. 1 Geutachnlcal Sld ErM101w111811lal Conlullanll ________________________________ .._ ____ _. ' ' ' I -------~'--------Unnamed Tributary --------! NE 4th St (Class 4 Stream) ---------------------------------- I I w z g! <{ C 0 "i= ::::, ,. ' ' ' ' ' ' ' ' ' ' "" I ' ' ' I I I I I ------------- PROPOSED WAL GREENS 50-Ft Wetland Buffer --- --------- ' ' ' ' I LEGEND I -----I Standard Wetland and/or Stream Buffer I _____ I (2,849 Square Feet) Proposed Buffer Averaging Configuration (3,030 Square Feet) 0 Wetland A \ (Category 2) \ I I 60 Scale in Feet --- 120 4th and Union Walgreens I Proposed Buffer Take Area (1,394 Square Feet) Final Wetland and Stream Buffer Mitigation Plan Renton, Washington Proposed Buffer Give-Back Area (1,575 Square Feet) NOTE PROPOSED SITE PLAN AND BUFFER MAP ~ F"'ure adapted from drawing renton_11-29-07.dwg received N mber 2008 21 1 12244-001 ' 12:12-2007 and electronic files received 1-31-2007, used by ove • • ~ I Ill permission of 4th Avenue Associates, UC. SHANNON & WILSON NC FIG 2 C _ ..................... .,..,__,. ' "L-----------.....1...;.;;.;.;... ___ ---,.1 __ __. u: si . English Name ~ Douglas fir @ Big-leaf maple G Scouler willow (P Indian plum Lewis' mock orange (o Tall oregongrape z ' Nootka rose 0 0 PLANTING PLAN FOR RESTORATION AREA LEGEND 1.i.liri~-Cluamly~ . : Size .. .i ' . Pseudotsuga menziesii 20 >3-feet Acer macrophyllum 20 >3-feet Salix scouleriana 75 12+ inches Oemleria cerasifonnis 25 12+ inches Philadelphus fewisii 75 12+ inches Mahonia aquifolium 25 12+ inches Rosa nutkana 77 12+ inches .< •· . '.''. . . . .· ~ . .. .SJ)atlng 2 gallon 9 feet on center 2 gallon 9 feet on center 1 gallon 4 feet on center 1-2 gallon 4 feet on center 1-2 gallon 4 feet on center 1-2 gallon 4 feet on center 1-2 gallon 4 feet on center *Quantity based on revegetation of 5,912 square feet of area. SEED SPECIFICATIONS FOR RESTORATION AREA English •«an,&' . California brome Blue wild rye Red rescue ... : ,. : \ ... ,·. -; .i l..alin Name Bromus carinatus Elymus glaucus Festuca rubra Planting Mulch Depth Equals 4 Inches Peroent .t,y Weight. PLS • 10% 60% 30% * PLS = Pure Live Seed 4th and Union Walgreens Final Wetland and Stream Buffer Mitigation Plan Renton, Washington FINAL PLANTING PLAN TYPICAL ~ November 2008 21-1-12244-001 ~ ~ CONTAINER PLANTING DETAIL SHANNON & WILSON, INC. FIG. 3 .9! Geot81:mlell and Emi1ronrnfnlal CcNullanll u:._ ___________________________ _. ____________ _. ______ _ APPENDIX IMPORTANT INFORMATION ABOUT YOUR WETLAND DELINEATION/MITIGATION AND/OR STREAM CLASSIFICATION REPORT 21-1-12244-001 Ill SHANNON & WILSON, INC. Geotechnical and Environmental Consultants Attachment to and part of Report 21-1-12244-001 Date~: -~N~o~v~c~m~b~c~r 2~6~,~2~0~0~8 _______ _ To Mr. Thomas Thompson, A.I.A. Stanwood, Washington IMPORTANT INFORMATION ABOUT YOUR WETLAND DELINEATION/MITIGATION AND/OR STREAM CLASSIFICATION REPORT A WETLAND/STREAM REPORT IS BASED ON PROJECT-SPECIFIC FACTORS. Wetland delineation/mitigation and stream classification reports are based on a unique set of project-specific factors. These typically include the general nature of the project and property involved, its size, and its configuration; historical use and practice; the location of the project on the site and its orientation; and the level of additional risk the client assumed by virtue of limitations imposed upon the exploratory program. The jurisdiction of any particular wetland/stream is determined by the regulatory authority( s) issuing the permit( s ). As a result, one or more agencies will have jurisdiction over a particular wetland or stream with sometimes confusing regulations. It is necessary to involve a consultant who understands which agency( s) has jurisdiction over a particular wetland/stream and what the agency( s) permitting requirements are for that wetland/stream. To help reduce or avoid potential costly problems, have the consultant determine how any factors or regulations (which can change subsequent to the report) may affect the recommendations. Unless your consultant indicates otherwise, your report should not be used: • lfthe size or configuration of the proposed project is altered. • If the location or orientation of the proposed project is modified. • If there is a change of ownership . ., For application to an adjacent site. 11-For construction at an adjacent site or on site. • Following floods, earthquakes, or other acts of nature. Wetland/stream consultants cannot accept responsibility for problems that may develop if they are not consulted after factors considered in their reports have changed. Therefore, it is incumbent upon you to notify your consultant of any factors that may have changed prior to submission of our final report. Wetland boundaries identified and stream classifications made by Shannon & Wilson are considered preliminary until validated by the U.S. Army Corps of Engineers (Corps) and/or the local jurisdictional agency. Validation by the regulating agency(s) provides a certification, usually written, that the wetland boundaries verified are the boundaries that will be regulated by the agency(s) until a specified date, oruntil the regulations arc modified, and that the stream has been properly classified. Only the regulating agency(s) can provide this certification. MOST WETLAND/STREAM "FINDINGS" ARE PROFESSIONAL ESTIMATES. Site exploration identifies wetland/stream conditions at only those points where samples are taken and when they are taken, but the physical means of obtaining data preclude the determination of precise conditions. Consequently, the information obtained is intended to be sufficiently accurate for design, but is subject to interpretation. Additionally, data derived through sampling and subsequent laboratory testing are extrapolated by the consultant who then renders an opinion about overall conditions, the likely reaction to proposed construction activity, and/or appropriate design. Even under optimal circumstances, actual conditions may differ from those thought to exist because no consultant, no matter how qualified, and no exploration program, no matter how comprehensive, can reveal what is hidden by earth, rock, and time. Nothing can be done to prevent the unanticipated, but steps can be taken to help reduce their impacts. For this reason, most experienced owners retain their consultants through the construction or wetland mitigation/stream classification stage to identify variances, to conduct additional evaluations that may be needed, and to recommend solutions to problems encountered on site. Page I of2 1/2007 WETLAND/STREAM CONDITIONS CAN CHANGE. Since natural systems are dynamic systems affected by both natural processes and human activities, changes in wetland boundaries and stream conditions may be expected. Therefore, delineated wetland boundaries and stream classifications cannot remain valid for an indefinite period of time. The Corps typically recognizes the validity of wetland delineations for a period of five years after completion. Some city and county agencies recognize the validity of wetland delineations for a period of two years. If a period of years have passed since the wetland/stream report was completed, the owner is advised to have the consultant reexamine the wetland/stream to determine if the classification is still accurate. Construction operations at or adjacent to the site and natural events such as floods, earthquakes, or water fluctuations may also affect conditions and, thus, the continuing adequacy of the wetland/stream report. The consultant should be kept apprised of any such events and should be consulted to determine if additional evaluation is necessary. THE WETLAND/STREAM REPORT IS SUBJECT TO MISINTERPRETATION. Costly problems can occur when plans are developed based on misinterpretation ofa wetland/stream report. To help avoid these problems, the consultant should be retained to work with other appropriate professionals to explain relevant wetland, stream, geological, and other findings, and to review the adequacy of plans and specifications relative to these issues. DATA FORMS SHOULD NOT BE SEPARATED FROM THE REPORT. Final data forms are developed by the consultant based on interpretation of field sheets (assembled by site personnel) and laboratory evaluation of field samples. Only final data forms customarily are included in a report. These data forms should not, under any circumstances, be drawn for inclusion in other drawings because drafters may commit errors or omissions in the transfer process. Although photographic reproduction eliminates this problem, it does nothing to reduce the possibility of misinterpreting the forms. When this occurs, delays, disputes, and unanticipated costs are frequently the result. To reduce the likelihood of data form misinterpretation, contractors, engineers, and planners should be given ready access to the complete report. Those who do not provide such access may proceed under the mistaken impression that simply disclaiming responsibility for the accuracy of information always insulates them from attendant liability. Providing the best available information to contractors, engineers, and planners helps prevent costly problems and the adversarial attitudes that aggravate them to a disproportionate scale. READ RESPONSIBILITY CLAUSES CLOSELY. Because a wetland delineation/stream classification is based extensively on judgment and opinion, it is far less exact than other design disciplines. This situation has resulted in wholly unwarranted claims being lodged against consultants. To help prevent this problem, consultants have developed a number of clauses for use in written transmittals. These are not exculpatory clauses designed to foist the consultant's liabilities onto someone else; rather, they are definitive clauses that identify where the consultant's responsibilities begin and end. Their use helps all parties involved recognize their individual responsibilities and take appropriate action. Some of these definitive clauses are likely to appear in your report, and you are encouraged to read them closely. Your consultant will be pleased to give full and frank answers to your questions. THERE MAY BE OTHER STEPS YOU CAN TAKE TO REDUCE RISK. Your consultant will be pleased to discuss other techniques or designs that can,be employed to mitigate the risk of delays and to provide a variety of alternatives that may be beneficial to your project. Contact your consultant for further information. Page 2 of2 1/2007 • Fidelity National Title" Insurance Company SUBDIVISION GUARANTEE SCHEDULE A !Jc .. 't LIABILITY: S 10,000.00 FEE: $550.00 GUARANTEE NO: 11678933-1-E ORDER NO.: 11678933-410-T20 Fidelity National Title Insurance Company HEREIN CALLED THE COMPANY I. NAME OF ASSURED: BARGHAUSEN CONSULTING ENGINEERS, INC. 2. DATE OF GUARANTEE: June 23, 2009 AT 8:00 A.M. 3. THIS ESTA TE OR INTEREST IN THE LAND WHICH IS COVERED BY THIS GUARANTEE IS: AFEE 4. TITLE TO THE EST ATE OR INTEREST IN THE LAND IS VESTED IN: Les Schwab Profit Sharing Retirement Trust 5. THE LAND REFERRED TO IN THIS GUARANTEE IS DESCRIBED AS FOLLOWS: LOTS 2 AND 3 OF CITY OF RENTON LOT LINE ADJUSTMENT NO. 011-88, AS RECORDED UNDER RECORDING NO. 8810119002, RECORDS OF KING COUNTY AUDITOR SITUATE IN THE CITY OF RENTON CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. Countersigned by: U102~ Authorized Signature Authorized Signature Subdivision Guarantee Schedule A -CLTA Guarantee Form No. 1 Page I • Fidelity National Title" Insurance Company SCHEDULED EXCEPTIONS DEFECTS, LIENS, ENCUMBRANCES OR OTHER MA TIERS AFFECTING TITLE: PART I l. GENERAL PROPERTY TAXES AND SERVICE CHARGES, AS FOLLOWS, TOGETHER WITH INTEREST, PENALTY AND STATUTORY FORECLOSURE COSTS, IF ANY, AFTER DELINQUENCY: (1ST HALF DELINQUENT ON MAY I; 2ND HALF DELINQUENT ON NOVEMBER I) TAX ACCOUNT NO.: YEAR 2009 518210 0010 BILLED $13,236.18 THE CURRENT LEVY CODE IS 2100. PAID $6,618.09 BALANCE $6,618.09 TOTAL AMOUNT DUE, NOT INCLUDING INTEREST AND PENALTY: $6,618.09. LEVY CODE: 2100 ASSESSED VALUE LAND: ASSESSED VALUE IMPROVEMENTS: $605,000.00 $615,000.00 2. GENERAL PROPERTY TAXES AND SERVICE CHARGES, AS FOLLOWS, TOGETHER WITH INTEREST, PENALTY AND STATUTORY FORECLOSURE COSTS, IF ANY, AFTER DELINQUENCY: ( 1 ST HALF DELINQUENT ON MAY 1; 2ND HALF DELINQUENT ON NOVEMBER 1) TAX ACCOUNT NO.: YEAR 2009 518210 0016 BILLED $3,795.61 THE CURRENT LEVY CODE IS 2100. PAID $1,897.81 BALANCE $1,897.80 TOTAL AMOUNT DUE, NOT INCLUDING INTEREST AND PENALTY: $1,897.81. LEVY CODE: 2100 ASSESSED VALUE LAND: $380, I 00.00 ASSESSED VALUE IMPROVEMENTS: $0.00 3. RESERVATION OF ALL COAL AND OTHER MINERALS IMPOSED BY INSTRUMENT RECORDED ON JUNE 20, 1900, UNDER RECORDING NO. I 92430. MODIFICATION FILED JULY 24, I 970 UNDER RECORDING NO. 6675226 4. COVENANTS, CONDITIONS AND RESTRICTIONS IMPOSED BY INSTRUMENT RECORDED ON JANUARY 12, 1981, UNDER RECORDING NO. 8101120504. Subdivision Guarantee Schedule C-CLTA Guarantee Form I Page 2 Guarantee No: 11678933-1-E Order Numbec 11678933--410..T20 SCHEDULEC (Continued) 5. ALL COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS, EASEMENTS OR OTHER SERVITUDES, IF ANY, DISCLOSED BY THE SHORT PLAT RECORDED UNDER RECORDING NO. 8407239001. THIS POLICY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHEDULE A IS BENEFITED BY EASEMENTS, COVENANTS OR OTHER APPURTENANCES SHOWN ON THE PLAT OR SURVEY TO BENEFIT OR BURDEN REAL PROPERTY OUTSIDE THE BOUNDARIES OF SAID LAND. 6. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: RECORDED: RECORDING NO.: REGARDING: JULY 26, 1984 8407260402 RELEASE FROM FUTURE POTENTIAL DAMAGES 7. EASEMENT AND THE TERMS AND CONDffiONS THEREOF: GRANTEE: PURPOSE: AREA AFFECTED: RECORDED: RECORDING NO.: PUGET SOUND POWER AND LIGHT COMPANY ELECTRICAL POWER AND DISTRIBUTION LINE A PORTION OF SAID PREMISES NOVEMBER 16, 1984 8411160567 SAID INSTRUMENT IS A RE-RECORD OF THE INSTRUMENT RECORDED ON AUGUST 17, 1984, UNDER RECORDING NO. 8408170673. 8. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: PURPOSE: AREA AFFECTED: RECORDED: RECORDING NO.: INGRESS, EGRESS AND UTILITIES A PORTION OF SAID PREMISES THE SOUTH 24 FEET OF LOT 3 OF THE SUBJECT PREMISES 8609230400 9. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PURPOSE: AREA AFFECTED: RECORDED: RECORDING NO.: CITY OF RENTON PUBLIC UTILITIES (INCLUDING WATER AND SEWER) A PORTION OF SAID PREMISES NOVEMBER 2, 1987 8711020432 10. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: CITY OF RENTON PURPOSE: PUBLIC UTILITIES (INCLUDING STREET LIGHTING, ELECTRICAL AND COMMUNICATION UNDERGROUND DISTRIBUTION SYSTEMS) AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: NOVEMBER 2, 1987 RECORDING NO.: 8711020434 11. ALL COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS, EASEMENTS OR OTHER SERVITUDES, IF ANY, DISCLOSED BY THE BOUNDARY LINE ADJUSTMENT RECORDED UNDER RECORDING NO. 8810119002. THIS POLICY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHEDULE A IS BENEFITED BY EASEMENTS, COVENANTS OR OTHER APPURTENANCES SHOWN ON THE PLAT OR SURVEY TO BENEFIT OR BURDEN REAL PROPERTY OUTSIDE THE BOUNDARIES OF SAID LAND. Subdivision Guarantee Schedule C-CLTA Guarantee Form 1 Page 3 Guarantee Noc 11678933-1-E SCHEDULE C (Continued) Order Numberc 11678933-410-T20 NOTE: SAID LOT LINE ADJUSTMENT SUPERSEDES THE LOT LINE ADJUSTMENT RECORDED ON SEPTEMBER 22, 1986 UNDER AUDITOR'S FILE NO. 8609229010 12. ALL COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS, EASEMENTS OR OTHER SERVITUDES, IF ANY, DISCLOSED BY TIIE SURVEY RECORDED UNDER RECORDING NO. 20030310900002. TIIIS POLICY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHEDULE A IS BENEFITED BY EASEMENTS, COVENANTS OR OTHER APPURTENANCES SHOWN ON THE PLAT OR SURVEY TO BENEFIT OR BURDEN REAL PROPERTY OUTSIDE THE BOUNDARIES OF SAID LAND. 13. UNRECORDED LEASEHOLDS, IF ANY; RIGHTS OF VENDORS AND HOLDERS OF SECURITY INTERESTS ON PERSONAL PROPERTY INSTALLED UPON THE LAND; AND RIGHTS OF TENANTS TO REMOVE TRADE FIXTURES AT THE EXPIRATION OF THE TERM. 14. CROSS ACCESS EASEMENT AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: BETWEEN: AND PURPOSE: AREA AFFECTED: RECORDED: RECORDING NO.: RENTON-NORTHWEST LLC, A DELAWARE LIMITED LIABILITY COMPANY LES SCHWAB PROFIT SHARING RETIREMENT TRUST AGREED SHARED ACCESS AND MAINTENANCE OF ACCESS FACILITIES AS FULLY DELINEATED ON MAP ATTACHED TO INSTRUMENT OCTOBER 23, 2008 20081023001386 15. UTILITY EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PURPOSE: AREA AFFECTED: RECORDED: RECORDING NO.: PUGET SOUND ENERGY, INC. ELECTRICAL A PORTION OF SAID PREMISES FEBRUARY 17, 2009 20090217002000 CONTAINS COVENANT PERMITTING THE CUTTING OF BRUSH AND TRIMMING OF TREES WHICH MIGHT DAMAGE GRANTEES FAC!LillES. 16. TITLE AS VESTED HEREIN IS THROUGH DEEDS TO THE LES SCHWAB PROFIT SHARING RETIREMENT TRUST, RECORDED UNDER RECORDING NOS. 8609230401 AND 8810261102. IN ORDER FOR TIIE COMPANY TO INSURE TITLE THROUGH SAID DEEDS, WE MUST BE PROVIDED WITH A COPY OF THE TRUST AGREEMENT FOR THE LES SCHWAB PROFIT SHARING RETIREMENT TRUST AND ALL AMENDMENTS THEREOF, WHICH DISCLOSES THE NAMES OF THE TRUSTEE AT THE DATE OF ACQUIRING TITLE. WE RESERVE FURTHER OPINlON UNTIL WE HA VE AN OPPORTUNITY TO REVIEW SAID AGREEMENT .. Subdivision Guarantee Schedule C -CLTA Guarantee Form I Page4 Guarantee No: 11678933-1-E Order Number: 11678933--410-TIO Part II NOTES SCHEDULEC (Continued) NOTE 1: BASED ON INFORMATION PROVIDED TO THE COMPANY, ON THE DATE OF THIS COMMITMENT IT APPEARS THAT THERE IS LOCATED ON THE LAND: A COMMERCIAL/INDUSTRIAL BUILDINGCOMMERCIAL/INDUSTRIAL STRUCTURE(S) KNOWN AS: 4100 UNION AVENUE NORTHEAST RENTON, WA NOTE 2: THE FOLLOWING MAY BE USED AS AN ABBREVIATED LEGAL DESCRIPTION ON THE DOCUMENTS TO BE RECORDED, PER AMENDED RCW 65.04. SAID ABBREVIATED LEGAL DESCRIPTION IS NOT A SUBSTITUTE FOR A COMPLETE LEGAL DESCRIPTION WITHIN THE BODY OF THE DOCUMENT. LOTS 2 AND 3 OF CITY OF RENTON LLA #011-88, RECORDING NO. 8810119002 Subdivision Guarantee Schedule C -CLTA Guarantee Fonn I Page 5 THIS SKETCH IS PROVIDED, WITHOUT CHARGE, FOR YOUR INFORMATION. IT IS NOT INTENDED TO SHOW ALL MATIERS RELATED TO THE PROPERTY INCLUDING, BUT NOT LIMITED TO, AREA, DIMENSIONS, EASEMENTS, ENCROACHMENTS OR LOCATIONS OF BOUNDARIES. IT IS NOT A PART OF, NOR DOES IT MODIFY, THE COMMITMENT OR POLICY TO WHICH IT IS AD ACHED. THE COMPANY ASSUMES NO LIABILITY FOR ANY MA TIER RELATED TO THIS SKETCH.UNLESS SUCH COVERAGE IS SPECIFICALLY PROVIDED BY THE COVERED RISKS OF THE POLICY. REFERENCE SHOULD BE MADE TO AN ACCURATE SURVEY FOR FURTHER INFORMATION. SECTION: 15 TOWNSHIP: 23N RANGE: 05E 4543/1' 4)4J/U6 ·-· :,; --i;+.- ':", __ ("!_-~--~~ ~-·1.--·-·-·· · · •··· -· ·----. ______ N.E.4THST -·------·----. _1!9~.:..e_ti_!S_:!I. 128Ta ST.J 12,2.86-. ----- ~\. I.".~ ~ JO 30 A ~ :· M V s ,_ ? 32).42 p 160 ·::.'" ·" 22400 SF 0008 ~~-21> IJJ.22 LOT1 ·-- N.E. :.TH ST. 30 ' 'I· sf.!'8'2-sa w ~ j -------···-----•----· ···-o 27106 SF ; , 1 0009 l;~ ,_ -:;i •"'!i-ll"'!..,:;",.',;.· ;;":.,,...;l .ili..;t' ci Z N ISS-u.t:-::,8 If }i~ REN SP 084-83 : ':' 940723gool : t LOT 2 21120 BF 0016 : " ~ Is ~ ,• 160.oJ o N 8211-0 -~a 1111 ':Z: j "!: I: a. ~ LOT:3 : ... · -~ REN LLA 011-ee: 8810119<JIQfl3 ~ M ~:. REN LLA 009-86: 8609229010 i :::: I:;, I:" ,, r I: ~ \ 0010 l ;·--r6o"·oy-·····-----··--·+----·-··-·-·-·--·-·-····--·-··-.l • 2,~ *"· Rdrl', 133 .55 v sa:"16°=51 w 2u.sa S. LN. i. ~,~ 0013 h.-.. ..; 1 25.07 N 88-ua-::i::, " ui • z ~ 1 I. ••-,._ Ul -,c : . REN SP 395--79 ·-"' f'I I .,. ~. •' ~ ~ ' AF 7910119003 i:! LOT 2 " ....,. -! §298 SF 196'6 SF : J_ ~ :-LOT 1 0011 :::: 0011 ~ Z lZfi.2 5 H 8 ~08-53 N 167,Sl ::, M 0 ~ N ~ 0012 . • 0 ~ 324 .02 p <293.SJ> H.02 ::!_. ___ ? ·• > N ,! m::: I~ ~ "' 0080 200 ., ..... 4;,i P. J2J.42 N u;-oJ ...... _ LOT "A" ·. 323.83 .,2 ... a:2 1~.• \ \ \ 2 . ' 0 •• ~ : ~ a: :§: ~' z: o, ~-ii 518210 )MARTIN'S! / : ' ' ! 1 NETLAND: 866SO SF : LANO: 173660 SF ' ·-.,. TOTAL: 260310 SF ·. 5,97 AC ·, 0020 ' ··· ........ 647. 66\ 1f 88'\09-4 6: W 0081 S.E. 128TH ST. 323.t.t ACRE N 88-0J-09 11 TRACTS ,: i ,! I I I t- First An1erican ntie Insurance Company Statutory Warr.mty Deed o.~;.,,t/ 1.1 THR GKANTOR GRORCK A.. SMITH and DELORES o.u1·; SHJnt, 06/09..-.?:!. RECD f CRSHSL for and U-con11dtt"t1tion o! TEN' OOLIJ,.RS AJfD OTHER GOOD AND YALUABLI. OlNSJDBRATfO~. i: ~.:, in hond paid, cunv~y• and warrunh tc, LES SCHIIIJI htOFrr SBARll?tJ lti.TIREM&ft' TRUSC' :°'l -r. tht folkivdnr del'eribcid .-."I ea.11ltti, :1ih1Btad in the Count.:, of PAllCBL Ai King ~1401 D 7.00 +i+:to 7.00 Lota 2 and J of C1.ty of Renton. LClt Line Ad"Just:Qent N'o. 00!86. record•d un~r King Couuty R<'.e:ord- int No. 86091.29010 AND; PAR.C&L B: f.:j\ An Raa~ment for 1ugreaa. ~gi:ees and utilities located o,.."er and acrcsh r~ South 24 feet of t::9 Lot 1 and the lut 24 teat of Lot l 1!14 d.hcloa•d by City ot llentoc. J.ot Lin& Ad.jusbnent No. 00986 l:'t!.COrded 1.1ndaT K1u1 (:,O'IJ;..ty R.ecord:l.og Mo.. 8'09229010; ALL 8.EDW A PORTIOM 07 Sbot't [llat No. SII-PL-84-Sl, recorded uruler Klng Couut.y Recordi.n.3 No~ 840i239001, b.aing e ;iort.ian of the Hortrul'&et qc•rtet of ttw. North~st q·:a~ter of Section 15, T0t.-nship 21 North, Range 5 EaAt W.)(., io Xing County. ·Wuhingtcn. (ALSO KNOWN aff a port:ian of 1'rACt 1 of MAIi.Tl.NS .ACU t'RACTS • according tt,) the UQ.?'&~crded pb.t thareof.) S1tU4ta in the City of Reaton. Co,•nty of JCf.r,i3. Stote of Wa.cldngton. SUBJECT 1'0: See l\t.U:ch.ed Z!'Ch:lhtt A a11al by thia reference incoq>orated herei.n~ _______ .___________ ·--··-·--- -------------··---------·---- '·~= ==----=-.;=.=.--=··=·=-~-=-~ --====--========== ~"TATK m· W:..i$H1NGTON COUNTY'OF __ JCirtg _______ _J~ ~ Oa tuh da)' p~ afi,t"U~ Nfcro IDtl &e.H"ga I a., ah sii,d. ,...lores Datby &.dtb ·--·-·--------- \o IN QI)-.. ""'lie UM hldMduaU~ dl"Kril,.d in -a .. ba .. ~e .. ,Jt•J th• *'thll, •1:td toro«<>ln1 1'Ml1U1Nhl. Hd ed.M,.~d 1IM..t --.tbit:£,.. .. ___ ,tp",t IM :-&m, n _.s.hf,1L___ Crtto -.i11 vollhlt,m, ad 11,11d cl,~. {,»-.hf, ~awl~··~ ID(latJoactJ .... " , .. ,.«1 ... !y, t>I-----· --------· ltw «;~a,'911 Lilat Hffllid * lofqM(l1 U1"'N"•utt. and ,ekMwk4c,td \he .atd ut.ltJu. 11M'l.(,"l>ttli1f.,rr:ll&d~1K\ar.dc&..dQf..,Sj~.111«1n.lw1ho-HdJNtpo1U lh~ln l'l,&..•1,U11n,rd. ud C':1 G.th_•t.er.,.: liw _ nlh-"ffndf,>H-ta.ied1u_..1lri•ll'llaeAt"1!<ld\M1M...tdffs1odla•.h11P,an,,~,,a1n1~ 1~£ . Wit. ..... 11~ bt!'.M IIN offld.a '"~~...mud ll! .. -, ~ ,. • ..._ n, .. t .bo...-~a. --------------------- l fi,,i~~..;11)11:: NI. ;r,i 1.·,a,i!n,:fll~.'"~'_._,._..,.,..--_..,._..,,...,""""·--------------~-·~.t .. /.~t-~ u&l.::.~,·--,.-O')I,'--.... VESTlNO DEED..) \----------·--·--·--·--··· ---· . -~·---·-,--......... llllllll!tl!l,fllltitl~· , I . ' I . ~ e:xurnrr r.. 2. Any :Jervic<h i;u.u1111ttt1n Qr gonerul c.onst["ucdou rha["gea fo[" garhase e(,lllection nad J1~rosa1, sownt, ~3ter ~r electricity, J. Renotvatinn• ot' ~xee;tione 1n UnJt~,l SuteN potoots, or ia Acte aut:hori:.dnk 1:he laaum1.ci& thereof. 4. Genet'dl tfl"Xell: not: u<N payAble: IUlt~eru ["Olattug Cf'o IJpecis.l aBSP.SStllettts ~nd levt~e. if .aay: pracedls:!! the 88\.. ~..;:.:C\ming a Uen. 5, 1<.!Slll<VA'tIONS .IIID !r.CEPT10NS r.v!ITAIN•o IN D!!!!D FROM NOR'11!ERN !ACIFIC !tAILROAD ClltiP.IHY: Reco1·ded.: o# ua.• 20, 1900 Record.inz; No.: 192.430 Aa t:o llov£ ! Reserving and uceptink frma :u,id land:, 110 mtch or such !)OL"tloa• thereof as are or ~a7 be mlnerd! land• oc ~UQtatn coal or iron, end also ~he use and tne right a,d rltle co i:l1e use of au.ch surta.ce p:round ae in,cy be neceeaary fur m:J.nlng operations and the rt.n:ht of accea& to euch rl!aervad e"ld exc(.ptP-d 111l11eral lands, 1nc:lud1ng hllds c: ·:-tnining CQal OT iron, fnr t1ie purpolfe of explortni. developJng snd wr,·..-klnt: the. M111e. Slid in&trutnent: was a.odHi.ed by lastrul'twnt recoi:-d-:d July 24, 1970 under Rcwrding 'i..:,. ~7'2Z6, •• folk· .. a: Burlington No:cttwr:n -i:ne •• tto succjlSBt.Jra. :i.nd aaa!gns, shal.l aot e1erelse cha \""1gbca re•ar,ed in aaid Deed above 1D8D.tioned in any manner vhfcll vill lnduTe or danatt.ge the aurface. of sal~ land or any 1"1")rO'llen..<mte :tnd bulldtns.J ,~anatructe.d cbereon, In the exploration~ development.. escavat:ion and r-emall'al o( the coal 11.c.;! trou. rcs&:rved, tt•e aUTface of said land eball not be occup1.e.d or used. Mr shall tbe party of the Hr.st p.tc. do .iu1y ax; lontion, de•,elopcoent: or 11iaing i.umeet.h the e,uf.Mee ()f r:he land herein11,hova described wttlitn. a vertical dept!t of 500 f.!et. 6, PROTECTIVE COVENANTS AND/OR f,ASDIENTS, BU\' OMITTlNC R~'r'RlCTIONS • IF ANY, BASED OK RACE, COLOR., CREED OR NATlOtfiJ.. 01JIGil~ (1JN·r1irN&D IN INSTO'JHENT! Ft'"'IH .Domini.c J. C":ilasurdo and his wife Mno. H. Cola•ur:io Jlec.orded: January 12. 1981. Recording No.: 810117.0.'nl4 (Af.ftti::.ts tho! Sc·.Jth 5S ft:1l:C of l.ot 3) 7. A record of su,:vey recorded un. Februa.~y 16s 1984 undeT Re-co~dtng No. 640210~18 pTJrportbg t".'1 show th,a herein descrihe-d (and other) Jand. 8. Tcrw., Ctwlin11nte 1 C.:m,J1t1-">r.o and ~6tt'ictionu as eontainP.d ia Sho-rt Plat No. Slt-PL-084-83 Recorded; July 23, 1 981: Rti.eord:!.ng N(' .• : 860]2j;I.IO.~ Ltef~:rence is '!ll!lde lo said docUDept for foll particulars Baswaont a11 provided for 8!J.d/or 411.r,d'aU:d on sa.H. Shore Plat: For: Ingro~~s eg~at1e .Ht:d utiliti,,;s Afiecta: The 8o~th JO i~et of Lot 2 Y. &IJICJ!Bi4Blff NIIO THE Tl.RIIS NIii) Cf}fll)ITIOHS THEREOF Batveen: Squeeky Clean Car Vo:ahiags, Io.c. c!ud: City o! Renton J>acedr :r.r-ch 21, .t984 Reco~ded: J1.1ly 26, l9fl{j Res:o't"diug Sa.: 8401260402: P11rpose: Rel.ta3e.a Cltj· of Renton fr'* all futuru clai.me for dor.agee result.log fro» C0\18t 1-uet ton ni. 11o a.ide sever (Afhcts all of the property 1'ett"'in ,1es.cribed and Qt~~ prope,;-t~·) rn. i!ASFJIElo"T AIID (DltlltTIO!IS COll'rAIN,:;, UlF.Rf.IH AS CRAl::r~o IK 11,Snll)(l!J<IT: P~ctlr~d: tfovel!b(tr j,6, 193·1 Recor,.:J,ag N"Jo. l 8411160$67 In h"V',r ,.,f: l1u,;et Soun,J POiler t. L1Kht Co1spant~ a w .... b1ngton eorporac1on Fo-r: F.ltt-ttrk i:.nanffll:hsion and l:J.atdb,,t Lon line .r:mc! .'lppul'"tenances thento Affects·. tl.e Hord1 10 feet: of Lot 2, al.iW 1 the Ueat 10 f•et of Lots l snd l >Jaid ins\:YU!Wnt i.tl a re-r~--cord of R.ec:ordtng No. 840817067'.L U. tel'IIS Cooditi0i1d JJnd Covenant& of Cit)' L){ Repton Lot L~e Acljostn,ont No, 009!16. recr.-rded uod,n-K;i.ng County lle<:ordia.g No. B609i29010t &pe,cif:lcdl:· l,t.it n~t Uid t"ld to provts:loa.• for 2:4 foot 'YidiP. e.aseme.ni:. £or ingI"ftee, •sren 1111d uUlitie:1 118 diff<:loiae.d on aaid J.ot tine. ~.di IJflltlllllRt • f,1 TICOR TITLE ::r, INSURANCE Filed for Record ;U Request o! AFTER AECOP.OINO MAIL TO: 1.es Sci1w.\b Ptof it Sluidng HC!:tinm•ent Tru5t l'JNCCOUNn !XCff TAX PAID ee-.,,1 ::,,,2-2. :;c, F C -HSL ~.Q(I lOI ~ Matr.as lt1.1y Pdncville, OrC!:&On 911~1' i OCT 2 6 1988 102-8'73 ,to1·•= .. ·S.OO "5"> FORM L•51 (.W4) Statutory Warranty Deed THI: GRANTOR. Ct::ORGE A. SMITH and DELORf.5 D,\KHV SMITH, hvl'lbnnd :.nd wi f,e for o111d in comidcr.11to11 of --TC"lll Dolt.,,"" :in.d other t:,ood arid v.1luab111 t'onsia~ r:1c ion---~ in h::ind paid, CURYC}'$ :ind w:arltlQtS to t.ES SCHWAK PllOflT Sli,\Klr:G Wl:.:Tfl(E.'tl:'l{t" Tl<UST tbc folJQ\.1'1111:, d1:"mbcd tc:ll ..-s11uc, situal<d in 1~ Coumr of Ki111; Subje,i;;:t to; Sec r:ic-agc.iph.s I tltru 6 on Au.:u:::hccl t::xhit>it II, aadc a part h .. :!f"P.aC by rC!:fcrl!'ncc. -·" October-, 19B8 ... 11 1 /ow. .. f1ulu .. ktdi ············· ~ES D,11<ar'Ji1Tu / . N4»,:aiy Pulilic in &nd fort~ Su.tvof\Vuh.ln1,:tan. n,,Ud,1111 ot ·····--··--~-·MM, .. _.··-···· My app(l!nl11umt esptrn~n @ <O <O PARCEL l\: IJYt 3 OF CITY or RENTON IDT LIKE AO.TJSl'MEH1' NO. 011-ea, RECORDED UNDER IUKC COIIHTY RJ;:CORDING NO. 88101190021 EXCZPT THE WESTERLY 160,03 FBET THEREOF PARCEL B: Alf &ASEMEH'l' FOR INGRESS t EGRESS AND UTILITIES LOCAT~D OVER MD ACROSS 'fHE. SOUTH 24 Pa:? or LOT '.$ A!ID '1't{E EAS'1' 24 PEBr or LOTS l AMO 3 .EXCEPr AHl PORTION L 1INC WITHIN THE A.BOY.£ KA'I!f TRACT AS DISCLOSED BY CITY" Of" REH'?ON LO'l' LIME Al»US'l'HENT NO, 011-88, RECORDED UNDER KING COtJMTY RECORDING MO. 8810U9002; l\LL BEING A PORTION OF C:rTY OP RENTON SHORT PLAT NO. Sll-PL- 84-83, RECORDED UNDER KING COUHTY RECORDING NO. 84072390011 EXCEPT l\llY llORTION LYING IIITUI!f PARCEL A. BOTH SITOA'l'E: W TrlE CITY' OF RtNTON', COUNTY OF KING, STATE OF WASHINGTON, -----··--- ,- 1 i E.::i:lllHI'f ti I • RESERVATION'S AtlO EXC£PTI0N.S COHTAiffEO IN DEED FROM NORTHERN PACI~IC RAILPOAD COMPANY: RECORDED: JUNE 20, 1900 ~ECORDIHG NO.: l~Z4JO AS FOLLOWS: RESERVING AND EXCEPTING FROM SAID LANDS SO KUCH OR SUCK POltTIONS THEREOF A.S ARE OR HAY DE MINERAL LANDs OR CONTAIN COAL OR IRON, AMO ALSO THt USE ANO THE RIGHT ANO TITLE TO TH£ US£ OF SUCH SURF'ACE GROUND AS NA'i BE WEC:ESSAR.Y F'OR Ml'NING OPERATIONS AND 'I'JfE RIGHT or ACCESS TO SUCH RESERVED AND EX,;EPT£D tHNERAL U.NOS, !NCUJOING LANDS CONTAINING CO.AL OR IRON', FOR TIIE PURPOSE OF EXPLORING, 0£VE'LOPING ANO WORKING TUE SAME. SAlO IHSTRUHENT WAS MODIFIED BY lN'S'L'RUKENT RECORDED JULY 24, 1970 UNDER RECOROINC NO. 6675226, AS rot.LOWS: BURLINGTON NORTHERN INC., ITS SUCCESSORS ANO ASSIGNS, SHALL NOT EXERCISE nt:e RIGHTS RESERVED IN SAID DEED ABOVE HENTIOH£D rn ANY HANNER WHICH WILL INJURE OR DAMAGE THE SURFACE OF SAID LANO on ANY IMPR~VEMENTS AND 801!.DINGS CONSTRUCTED THEREON. IN THE EXPLORATION, DEVELOPMENT, ~XCAVATIO" ANO REMOVAL OF THE COAL AND IRON~ RESERVED. THE SURPAC& OF SAID LAND SHALL ~OT OE OCCUPttO OR USED HOR SHALL TH£ PAR'rY OF TH$ rtRST PART DO AN'r' E:XPLOAATION, DEVELOPMENT OR MI.N!NG DENEATII THE SURF'ACE OF THE: r..ANO HEREINA80VE DESCRIBED WITHIN ;.. VERTICAL OEP1'H OF 500 FEZ'!'. 2· COVENAHTS, CONOITIONS, RESTRICTIOHS, R.E'SERVATIONS AND/OR EXCEPTIONS BUT ONITTING RESTRICTIONS, IF ANY~ BASeo ~ RACE, COLOR, CREED OR NATIONAL ORIGIN EXCEPTIONS CONTAIN'EO IN INSTRUMENT fR°"1: DOMINIC J. COI>.SURDO A~O HIS WlrE ANNA M. COLASURDO RECORDED! JANUARY 12, 1981 RECORDING !fO.: 8 l0ll205Q4 {AFFECTS TH£: S0Ul'H 55 FEET or LOT l. TERMS, COV£NAtlTS, COtlOITlONS AND RESTRICTIONS AS CONTAINED IH SHORT PLA't !W. SJi-PL-084-Bl RECORDED: JULY 23, 1984 RECORDING NO.: 84072l90Ql REFEREHCJ!: rs MADE TO !lAID OOCUNENT fOR FULL PARTICULARS. A COP'i OF WHICH IS HERETO AT'rACttED. F:ASEMENT AS PROVIOEC' fOR ANO/OR DELUIEAT£0 ON SAID SHORT PLAT FOR: INCRESS, ECR£SS AND UTILITI&S Aff£C1'S: TH£ EAST AND SOUTH 24 FEET OF THE PROPERTY HEREIN DESCRIBED 4 • AGAf;EIIJENT AN'O THE TERMS ANO CONDITIONS Tl!EREOF BETWEEtl: .SQUEEKY CLEAN CAR WASHES. nu:. AND: CITY OF RENTQN o~·reo: MARCH 21 , 19e 4 RECORDED: JULY 2G. 19B4 RECOROING NO.: 8407260402 PURPOSE: RELE:,.SES CITY OF RENTOrt FROH ALL FUTURE CLAIMS FOR DAMAGES RESULTINC FROM CONSTRUCTION OF A SID~ SEWER (AFFECTS ALL OF THE' PROPERTY HEREIN OESCRISED ANO OTHE;R PROPERTY) ·------- s. • E,..;lltalT I!, 'l'BRHS' COKDITIOIIS AJID COVEKAll'l'S OF CITY or REN'ZOli' Ul'l' LINE ADJ'US'CHEtff HO. OlJ.-B8 1 RECORIJU> UNDER l(lNQ COUll"n' JU:COROlllG NO, 8810l.1!1002, SPECIFICALLY 80'1' HO'l' Lil!I'l'ED ,ro PROVISION FOR 24 FOO'l' WIDI! EASEKElfT FOR IIIGRESS, !GRESS AHII O\'I'l'LXTIES AS DICLOSED ON SAID LO'l' LIHE ADJUSHEIIT, EASEMENT AMO CONDITION$ CONTAINED THEREIN: RECORDED: SEPTtNB£Jt 2J, 1986 RECORDING NO.: a6092l0400 FOR: INGRESS, ECRESS ANO UTILITIES OH PORTIONS AS STATED IN DOCUMENT AFFECTS: THE: NORTH JO FE:'E;T OF LOT 2, TUE EAST .2:4 FEET OF LOT l AND THE SOUTH 24 f'£E'r Of LOTS l AND J, CITY OF RW'TOH LOT LINE ADJUSTH£NT NO, 009-86 SAID EASEMENT CONTAINS A PROVISION FOR BEARIWG EQUAL COST OF HAiffTENANCt:, REPAIR QR RECONSTRUCTION aY THE COJIIKON USERS. ·-· ..... .. \ ·-::::. .. -.. -. --. -: i.':"· ·,-.: \ i '\ ; . .j L. M!scellG.neous Receipt .£2.ti-act II<>• 4019 . De~ ·-Ji~.--269oi~· I. -:---::-. _.. J . ! THIS INSTJll}l,£NT, IIVlde tbts 28th day or ~. 1910, be-n the J!UJU.IllGTON NatTHERN Ir«: .. .,. a oel.&vare corporation. as successor 1n interest and by merger to Northern Pacific Railway Ccmpany, a W1sc.ona1n carporat.ion, party of the firot ,art, and HJ::IIRY T. RUGGI.ES, pa:·ty or tbe second part, Wrr!IES- SEI'il: lll!ERF.AS, by deed d&ted Ja=sry 2, 1900, recorded June 20, 1900, under Auditor's No. 192430, the lfurthern !'IM:il'ic Ra!lway CtlllFflllY, predecessor in interest of the po.rty of tbe first part,, conveyed to James c. Calvio and N. H. ~!al'tin 111th otber J..all(!s ttie herein de,cribed tra.ct c,f l.fdld, of vhich the party of the second part is tbe preaent ovner, •it11&ted 111 King county., V&sh1116t-on.,. vbich deed. contained a. rea<rvation and exception in tile folli,ving vords: 11Exaepting iraa. said lando such as are known or shall be ascertained to cont.a.in cQCi.l or iron and alao tbe use of such. surface ~ound. ao 1NJ.Y be neces~ary ror mining operation.a a.od the right of acce~s to such reserved and e~cepted coa.l and iron l.allds fGJ' purposeu or explor- ing, developing and working the some.," and \.i!lER~., the p&rtics ha.ve agreed upQll a !llod1!'1cat1on or tbeir respective intereeta in the preru.aeo in the followina manner; 'l'llEHEFcm:, the airlington Northern Inc., for value received, "" t.o the follcn,,ing described land: '!'he north 3/5 of tbe veot half or the narthvest quarter or ttie oorthvc•t quarter of the northwest q.......ter ar section 15, 'l'CM'\• ship 23 N"rth, Range 5 FAct, II.Joi., in King Caunty, Washington: EY.CEPr County Roads al.ong the uorth and vest lines thereof'; LE5S all. coo.l1 iron and the right. to e::xpl.ore ror and mine the . ..,,.,, Covcns.nto t.o and ngree.o with Hoary T• Ruggleu, party or t:ie eecoOO. part, thE1.t iltlrlint::t.on !f.lrthcrn !lac .. ,. ito succeeaore-a.iKl assigns,, ohal.l. not ex- crci~e tho rigtits reserved in $a1d Deed uliiove mentioned in. any-ll:IQll.Der \lhlch vill inJure or do.mage the ovtace of ea.id land or an::, !mprovemt!nta and buildings eonstructcd thereon. In the oxploratimt development• u- ce.vo.t.lon and reDlCVtil of the coal and iron, reterved, the surface or said lund ohal.l. not be occupied or used nor shall the party or tho ftrot pnrt do on:, c:xplor.ation, dcvelopc:ic:nt or mining benco.th t1'1e surf'ace or the la.nd h~1·cin.e.bovc d<:::1crlbctl -withi.n a 11erttco.l depth of 500 feet. 1~ !axclse Tax Not flequ;retl 1,1. J,_ R._ JilLLl,iJdS. K;ng C~un!y !remrei ly, .. ...::.::.~!::...: .. ( · • · ·' Devutv / i ; @ I> IN 11rrNfl!l/l lllll!l!IOY, to be s1gnod by 1t• abOve vritton. ll\JRLING'XON NOR'l'Htllll IIIC. S'?A'rF. Ol' MI"NESO!'A ) COU!ll'Y OF !W!Stt ) On th1s •• , 1970, Detore me pors~nnally ap- to me known to be the Vice President of Burlington tJorth~rn Inc., the co.J'11(lrat1on which execu.tad the_ vi thin auQ foli'"eBOino ins-t~nt.,. and a.cknovl.cdged the said. 1netrument to be tne tree and -.. olunttlry act a.."ld dc:tl of said corpore.tion for tl1e uses ~ parpases t.ucrc!n 11:.cntioned, and on oath stated that he vas authorized to execute sa1,.1 inotrument, o.nd that the a~&l afi'ixed is the COl'l)Or&te seli.l of said corporation. J.. W. JHAYOI. --_______ .,_ . •.. .::,-; ,f . -..•.•. . /-~~~(? ·.·"·~\'./ , .. •.-: '.:·. ·,, ~ 0 lfl 0 0J c, rt,, ~~: y? ;ta,a '.: .· . i •• } "· :. ·. A W~E~EAS, Oomink J. c,,1;.su,do •nd his .,Jrv A,.na M. Colasurdo are,~;, 6wn::1, of the fo! lo\-1lug r'cal property in tnl! City of Renlon, Cou11ty Of Kin~. Sfote of-1.- 1 I. r I The SQuth 55 feet of che fo110wiolj tle~cribed propeny; n,e north 3/S of the we'j.t half _.,r. the noqtn-.-est q•.:arter of the north\~est quarter of Sect lor..-IS~ Ease, w.11 .• in )Ong County, Wa~t-.:;,gt-t,n. quarter· o·f the nor~hweSt ·1 Tm-ms-hlp :u Nqrth, :Range ~ £xcrpr the north 30 fcec dnd rhe west JO feel thefeof for CoJncy rdads~ ~n<l except tOc south 12 feet of the north ~2 feet·of said north 3/5 convcyt!d to King County folf" S. E. I 28th St reel b~· deed recordeJ onder Audi tor's Fi Je No. S8S)03ola. a:1d except the south 140 feet of the north· 18:l feer of the t""aS.l 160 feet of th,A ~..-est l90 feet of said nol"th .> • ., cf the west half of the nonfn..est quarter. of the norttr.-,ie-s.t qual"'ter .of .·, ' I. ' ' I the nonhi,1est qucu·ter of s.:iid Section 15. ' ' p~open~~u· cavcnants running with the· I..Jn<i as <o WHEREAS, th,c o~ners of saiJ described propertY. hcreinclfter "the oes i 1·e to I mp0sc use, present and tRe follO\~ing r~strictive ruturo. of the pro~ny. ,. ' I r1ow, H1EREFOR£, the aforesaid ouncn• hereby est.abl ish. ijit"ant an..i iri•p.:>~e restricdo11s iind covenants ,.unning wlch tht'.' land as to the use of th~ 1.~nd he,.ein~lbove dcsc.rlbcd with r~sp<.·ct to the us~ by the i..:ndenigocd, their, ·, J I I I LIMITATION Of D[VELOPMEttT f . b : I I OcvelopinePt o the sotbJect propcny sball be licailcd to usincs~ or c~rc all· u'iocs e11umcrarcd fof' the B-1 zone {n th~ C1 ~Y of Rcf'l<'n Zoning Code. Ocvela~~l , '~:;\~·. ;_ . ".('[I'.,:~:·::.\ : : These C.<.>'Ven~nt.s shal I run with the l.t,n,d a11d expire on Ol!'cff!bl?'f JI. 2025·. tf a any I lme improvements. are ins.tal .. ie:d pwsuant to thr-s.e covenants.. tlu:, l'()f'l i0n of' of r€"S ident ~at uses. is prohibited. OUAATIOII • . I ' I • ... • • • • • . . ----~ --...... : ...... the ovc11a,u.~ per ~un1ng to tt~~ ~pc.\.11 u .. ,u~,.,"~ ... ·~.-,"'~"--•u.-...... ·-... -t•'--.. ., 1 ,. ' Ordf,:a.inccs of the Cl ty of Renton shal I tt."fAinatc W"ithottt nec.cssh.y of f~"hc.- doCumeotat ,on. · ; j ! Proper legal procedure~ In th'i? Superior Coun Of ~ing COUfllY N}·· be ins'li'!liHC1'! by ' subject prop~rly ~t,b el ther the (.i ty of Reuton are adversely arfected by or anv ptoperty oWTiers ~dj~lnl~g any viola1ion or brc~ch of these res1rictive C.Ovcnanls. , I Reasonable attorneys' fee~ J~curreu dvring an enforcelllo?nl proc~cdlng will he 1 . . i borne by the part i::5 ~~~ th~ t.-O-'-'rt d~~-:ormln•t~ ar~ in er-ror and sh.111 b.o entered as a Judgment in such action. ~· ll 1 ' ' ~ .,.·.·J . ,, 0 STIIH Of \/ASHINGfON) ~OUNTY Of K!NG ·• . ::-·,; ·--: , fin th;s._).'*"':"' Jay 'l.1~ __ _.:1.r_,i:,l,'-~.~-~ .... --.-~19 ~. before ine persor'.ally i c.1ppearnd Uomic.i;: J. ~lasurdo ond Ann~ tL Colasurdo, Che p,ecSor.s. ,1i1hO exe:ctiti!d. I che '•·id thin ,1nd foregoing ins(rumeol, ilnd ack..now1ed9.e-d s.iid i,,stnmw~nc to. be i the free .:and voluntary act ar,.d de~d of o;aid persons for the us.~s An•! purposes • I therein ~~nlioneJ. IN WITNESS W'HtREOF. I h.lvc h~reunto set _my hand and aff/xed my offi:Cial I I ' seal ctie day and yea.-first .cJbove wdttt:n. I . I .i' "~(r ;,j ·.,~ '\).,tu;(' : i ;·:, J Notary P1Jbl ic i'.n and fo.-the St.ate .1."" of \la,;.hingt;on, res.ldin9 ,n Q..._.-..1.j ~ J -2- . .: . , . I . ::,'.f., : .. ',.f:,.··:. , I . i I I I I i I i ' ·I l I ' I i '. II -", "' "' 1.; I') Cl) ~ Cl) 0 , . ..J Q. ,. :c u, ::~~· -:-, ... .t~· ,x;,·11,:····'""•,.. 3 ·-.)0"01 ~:~ ' ) . I , ! l I l , ! < I , • i ' , l l $ ·-·-1·· • l • ' l l • l l ,. ·•' ,,~ JI, .,~ m -!. 1 ' i Attached legal Description Se(' (XHl(Hl "~'' Altc:i,:hctl hCl't'l., 1-"F.Cr• r CO$H$L 4. (l(l ~.,t 1 ... 4. 1)0 sa1d property situated in King County. Washington; for and in consideratio· of .a permit co construct a side sewer to connect these premises to the City Sewer Ma.in at less than minimuni grade of 21 according to C1ty of Renton Ordinance 1552 and as Jr.~~je.l by Ordinance 1727 do hereby agree to indemnify and save harmless the Ctty of Renton from all future "I damages re)ulting from such connection. c3 THIS AGREH1£NT shall be a covenant running with the land and shall be binding uµon all parties and their heirs and assigns forever. hereunto set _ __E~_,·_hands'--__ and st above wr~tten. (SfP.L) h~,-,, f .. ,.,; ._i,.·.7z' (SEAL) Oelt•1·es 0,H"by S.r.iith. Secnetcl'·v _______ (SfAL) (SEAL) STAH OF WASHINGTON ) COUNTY Of KING ) ss On this __ day of 1~ __ , personally appeared before me ____ _ to me known to be the individual described in and who executed the within Instru- ment and acknowledge that signed '""and sealed the same a1 free and voluntary act and deed for the uses and purposes therein mentloned-.----- lN WITNESS WHEREOF, ! have hereunto set my hand and affixed ~y official seal the day dnd year in this certificate first above written. CORPORATE (ORM: STATE OF ~ASIUNGTON COUNTY OF KING ss Notary Publie tn and for the State of Washington, residing at Renton On this 21st day of --'f"'1""•.,,·c.:.:n_ 191l!.__, before me personally appeared~---- Geo1·9e A Smith JOd Qe lores Darhv Smith ~o me kn?wn to be the Pres.ident itorl Se,·retdfi,.. of the torporat10n that executed tha w1U11n instrument, and acknow edge the said Instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and each on oath stated that he was •uthorlzed to execute said instrument and chat the seal affixed Is the corporate seal of said corporation. FllED FOR RECORD Al IIEUSl OF ft a,• a1Y am IOODtl nm llllNIUVE · · ~Ill J ~" •'1 ;1 .... ~l.,,~·· ·~ ...@u,t·l~L ·.t..a.; • ../:L.•l'H! f. ' Notary Publi<;n and fUJ; t•-'~.rt"e ofc: Was~lngton, residing ~t J~tlf,l:ILI<; • . \ ,-;: .. .., , , , ~ --!/ ,, 2 .. ; .. -.-;., !./ . ' fXHIG[f A The •101·th J/S of the west h.al f of Lhe nortt-we::-t quarter of the ncrthwes.t 9u.arte1· of the norttiwest quarter of Section 1S. Towr1ship 23 North, Rirnge 5, £t1.st. ~LM., in King County, Wajhi111qton. Ev.:eot the nonh 30 reet Jod the "lest 30 ftetJ~s:r~f_f_qr~.cour.l) road, and except the south 12 feet of the north 42 feet of s.~id north J/3 conveyed to Kinq County fgr S.E. 128th StrP.et by Oeed recorded under Auditor's. rne No. s-853034, anl.1 exc~pt the south 140 (e,et Qf the north 182 feet of the eaH l6i2 feet at the west 190 feet of said north 3/5 of the west half of t:ie northwest qua·rtel" of the 11orthwest quarter of the north.,.,.es~ uuarter of said section lS. .--: .,.. , . PUGET POWER ·, ' ! K\S,.,mNT fOM l!Nln:MllMOliNII ~H:Cl'MU: S\'STJ;M I,.or attd ln cot1slderatlon of Ouc Ot)lla.r (~l .. 00) t111d othc1· v.:ilu1tblc cnnsl.darat!on, the r.eceipt. of which is hen-!lJ}' n~knowledyfd, QJ:0~lq_t::_ !!-.!. $..~~.TU, .. q~~QB_~S _Q~RO.¥. _&MJ.'rU, .. 1rnS>bl'.\IH.l nud .wl t e 1 . DOMINIC J. C~?.4').JH,H!PQ,. -~~l'\_J1.~ .. GQLJ\$_UP.J20f .'1S __ C.Qll.trac.t. vendor, .. ("'Crm11u,-·• hen•iul, 1,:r,tnl:t. 1:110\'ii\·i mlt.l WiLmmls tu l'l!<:t-~f SOt:i-1:U l'OWElt ,-.;, t.1(:U-1 CO~ll~\NY ~ ,1 \\",1~hi11~t~111 ct•r· _ ~ .. ..., 1111r,11hm l"Cr:u1hi1··· lwr1•i11l. for itw pur11<l:I<~ h1•wumft1·r :,;d 11111!1 ,1 111·r1wtu•1I 1•tt::1,•1111mt~1lui~-~ !tJ-i§i. 11i.1I 11~•,•r 11!,! ru/JU ... t:o1 l11wil1!{ 1~•sc:: i l,..(~l wi,:-!rt,· /tlw~tirup,·rt"~ lu:rci1d . . King_.. Cuumy. Wa .. ..J1i~i...~P. F' •1 • '51_1 _ ,.,... y\:. 'l~li((f_ . . , ... 'A~J15l -. :f:.t,>4 .• 1 • .._\,) "":i'3 .• J LOtt2., as delineated on City of Renton Short Plat No. recorded under ?iuditor's Pile No. 84072)9001, records Washington. 084-83, as of King County, ALSO, the west~feet 2 .4Hd 7 (j)g (!_ q;r.,(! B .94~08/ 7/" RE F SHSL .,,,. ttQ673 ... B 4:l° . u;-4 :;:rz·~ I. f"urpole. Granloe 5h.lU ba\·c lhtt ri~t lo cm~1ruct. opttate.. maintain. rep.,ir. rcpJ,M;c-ilnd t'nl,1q.:~ M 1.mdcirptM1nd clecirir. lri'1Jt$mil.~un amt/ur dl1lrib11t19n ·~~rem Hllffll ond undt!r 1hc Riltfl1-of-War WJCClhcr \\"ilh all nt:ool'..'Ea.ry or D.lll\·cmttn( .a11-- fmr1cnancr.t fherefor. which ma}' lndude httl nh> not limlleel 10 the followif18: u~tk-r~crounct p;lflduits. c.:tbl•is. 0001m11nic-,10an liiir.,; nmhs. manholes. swifdtes. am1 lnmsformen: and Stm1i·huric1I N ~ro1md 11W11nlcd (1i1ciliti~ t"ollnwinM thtt initial con- ~rnclion or ils focililie:1-. Granh.'C m.1y from lime lo time ConSltucl Juch .\dditiun.d focilili~s ;.1s ii m.-.y requir..i. i. Au;,u. Cr;ar.-nc ,hall laa,;e tho ritfflt of ACGti;l 10 thu Ri(lht-,>f-\\'a}· O\"ll.lr an.:{ ,K;!'OJ.S lh~ Pruflt?tlr to f'nable Gr.mtc~ lo ~llier· clM! IJ!i rl,thts hereunder. PfO\'td ... l. lhal GrJnlet!-fflall rompC'flS.11,· Gran!or for :mr 1lam.t(k! lo lru: l'rill""'I~· caused b~· Ow ~l<i'I'"· ciJC nf !I.lid riMM uf i1CCC$J. ;J. Obtlruc:IMUI; LluldKapt ... Cmnlec m,l}" from limo to lim.1.• CeAIO\"IJ trooJ.. bushl's. 01" oUwr ubstrnctiotu \\ilhin llw Ri,ht- 1,l.\\'a}' nnd ma~· Jen-I and gr.aM 1he IU,chr-of-\\'ay IP du• VXlerU reasoocabl)· nrt:ePar)· to :;.Jffr <11.11 thu 1mq,oses St.."4 forth in 11ar.afU11ph I hmcof. pnn:lded. 1M1 follawbqc oo}· •«:h work. Gramt."8 shall. IO the extent roasot111hl\· IWill-"'limhl.!. restart" 1h~ Rlp1-ul-Wo)· lo lhe-amtHtlvn It was ,mm ... -dial"'h-· f1fW 1o Sikh "-ork.. F(>4IO\\"in,g lhe lntlatblian ai Grantee's undc,:pomKI fadllll.n. Gnullot" may umkrt.e any ordinary im1trm"~ 11.t tht! l.:andscap(qof die' Rlghl-of-\\'a,·, 1mn.·fdctl lM1 no l~"N nr othor 1'1a1n1, shall he plated thereon whlc:h would he urtreasonably dJ.pensl\00 or hnpraclfc.al fnt Granlff to rt!Mn\'t• and rc,latc . .t. Grankw"• ll• of 1:1 .. klf..Way. Grantor rcS1..>n'e, lhe rqlbt ,.., Ilk' lilt! Rlght-of.l\'"k)" WC' &a}" purpose not tuoon..•151:ent \\'illt lhe ri,hb h<.-rcln grnnted. prO\idt.>d: 1h01 Grnnldr .shall nol cnns1nu:1 or P1<1intain an~· lmlldtntt ur od&el-structure on thr-lUxtu- of.\Va~· whU:h wmdd lnl.,,(•ru wl1h thv exercise of the ri.ghls h«cl11 tp"anled; ttw no dftlirinl. 1unntllnt! nr odu,r form (Ir co:1· :itmction l'lctlvll)• .shall be don.: on 1he Propcmy \\"hich wo.1ld dislurh the c.impactian nr """"'"lh Crantcn's r~illcic.,, on tho Rtt:hJ-of .\Va)·, or end11nger 1he lntmd su11p..'ll'I to -.1i1I f11dlilit'S: BOIi tha1 oo blastinJI WI bo ,locw ,\"ithln 15 f~ul nr lho Rill,ht--11!· \Var. IS. lademalty. By aceepllag od recordln, mll HMflllflt. Granlff 8'f4ler. to lndttmmfy aod hotd harmleaaGrantor from an:,,· and all 1:lalaui for faJurlesand/ordamaguauffarltd by an)· penon which ma,· be ca-med by lho GrH1eo·s exen:be of 1he rigbta l1erela pPtad: provtded. that GrantH 1h.U noc be r.ispon,ible to Gfana-,r for 11~· injuries and/or daau19ea. 10 any pertOII caused by llci• "' omlulons of Grantor. I. Aba.~L ")"hd ril,lheia hPreJn Jtt"_.ntetl il111U ,·'!J1tliuuc Uinlil :1111ch li111u ti GrunlL'U i.;cilk'!i lu bk the Riihl-0(.\\1a.:,-for ;a, poriod of fwe (Sl atlCCt!#IN ~"Gal"$.. In which O\"tml Ibis CNISemen.t .!11hall 1crmfnn1G and aH r1sh,ta heretmd(.-r shall rt:l\~rl 10 Cran-- lor. provhltid lhllt no nb1mdonment :tholl bu ,lccm,,.od lo h,we occurred hr reason of GrGnt1"1e·s (allure to lnlU,ill)· in.s111U u, focllitit?S on the Rltcht-of.\Vay within :my 1mrlod al lime from 1hr. d.1tc ht>renf. 7. Sua:euan and Aul&m,. 1'he rlshts 11ml uhUga1ions of tha 11.irliu.s-3hall int1rn to the hen,:fil or IU1d be hindinJ upm !heir n.>sJ>t:t:lh'c :i.ucc~ors 11na 11ssi111s. R-1947 l<J-46 FIi.Ei) FOR RC:CORD AT REQUEST OF: 0213125 235-58 PUGH ?(W.'!cff RfAL ESl/,1i: Dl\'ISIOH PUGET Fowrn BL'.l,;, BELLEVUE. WASHINGTON 98009 11nr:1moN PAULA ;<:.,.·. f'" .. ' ~:,. .•. ,. ,. --:. , . , . ~ .-, ·:, ; \; S'(:\'Cl: CW \\'ASltlNr.l'OX I ss ·:tlu~·n· cw King t ~Tl: Of w ;\,SI m,i;ro~ I ~ S.\ i C.Oll~I.-~ On lhls ,I,,~ lk."f(UDiltlY ,,11pr!'oln'1I ltt•fore ffl(" ------·. k> mt.• knuwn lo hr. 1 lndi.,·itlilill ---dl'M:riht. .. l in anti ,.dt., \!''.WQ1t,.,d the whhie ,1nJ lot~'¥ lmlrl1111enf. ;and Miauwl~ 1bal ... ·-----.slJll'"'d 1M ••· as _____ r,-,~ and ,-olltinliH:i,· ,tel and tlt-00 for the USd ,\00. pur~ thPr-..ln rtientionl"d . Cl\'f.,'\:' unfW'r ffl}' hand Pm1 ~T.A'ff. Of W.r\SI IINGTOX cm ,:,;ry cw I .s.~ I . , • ;(r.(l\i • I Ml\ llf, . 111..ii'iii ..• --. -----.......-_ ·----------• 19 ---bt.40fe mo. !he un,lnr:tlp'll'ld. ~ilr aflfM!ill"ed and and ---~>,,--------. ,espedh·ol,-. ol dte corpor.-cln,-t e~ued tho lornjtllln, fnlmament. .ind ,11:kmm·lt.'<t,-'rll lht~ ,-~~, imlrhmenl In ltt! lhtt f n.<e and mhtnt,ur act ,,ml dttd I» ,.,.{d COf(IOf~ • for 11ti.1 w.n allll [M,l:Tf!OS"I therein n1,"ffil.t11w,L ••ml un a.dh i.tawd lbal ___ __ __ ·-""1horiud IOI t"!Cr.c111t1 !MIid hutrumonl and 1hat tho ~ -~ No1.11:· ri.1hltc 4n 00(1 for !he Slab: of \\'iuhlff8WR. rcsldinf' at -----------------.---.:... -.. , 9&,•(l',V23 RECD F CASt<SL $.•".'!0 1<,t:it-:.t1$,00 GEORGK l. SMITH and DELOfiES 0. S~ITH, hu~band and u~te, (1'Gc"a.ntor 11 ), ~rar1t., oonvey c1111d flUlt-clai1D to LES SCHWI\.B PROFIT SHARI~O RB:TIRKMRMT 1'RUST. ("Grantee"), and reserve unto themselves, for the purposes hor~inaftar set fo~th 1 4 perpetual, oon·-<!xclusiva easoment undar", acrona and over the following described real pr..-.. p-srty {the "right-of--wayt1 llersln) l'Jit,ua.ted lo K1ng ·tne ~;a3 t. 211, feet of' Lot 1, Adjt1.stment No. C09 ... 86; at.d . City ot· nentori ... ot Ltne .. he South 21' t~et of Lut9 1 arid 3, City of Rentoll Lot ... 11\1;11 Ad.!u.stment No~ 009-86. V'lunty, 1. Purpoee: Granter and Grant'!!le sb:all have the !D.Utual an1 non-axoluslve right e.o usa the right-of:...Kay for in13:rsss, egreas .. .illd. utility purposas for th& ben6ft.t of t.he owner~ of L.ot 2, C1.l:;y 01 .. Ren!-on Short Plat Ko~ 08~~83j and Lot.J 1 :1r1'1 31 Cit.y or Renton Lot l.t.ntt Adjuet:nent No. 009-86~ 1<1ug Go.mt:;_. ~at,hingt.on. 2. Etther party ~hall ha~s the right to conatruct, et it,, c,1nver..!once at1d e.t 1 t, 3ole ex~~ntre,. suoh I I wHh all or oouve(lt<mt ap,purteraaaea therefore. fol lolllr,g t.he L11lt1a.l ilOoatru·Jtton or auch t'a.cll1tle.s, el.thsr party ~3.~·. fn)r'i t.t ,~ to t1.'-3e. 'H it.o Qon\lanlenoa and at 1~, sol9 a:~peuse, oon,tr:1ot. ::su~r. 1;1.:tdlt.t1Jnt1.l r1.ctl tt.le!'I upon a"'d auder t.he rl~r,, .... of-..,,a; r'>r \r.gra,93, o,ri,-:rn tmd ut1ltt1$S &sit 3ay requtre. 3. ~C._!li.i!.!~Of.:.!l!I: '80th p:;rt.ie'l rt.:e~r .. •e t.'hf!: ,~:ght to 1,so th~ p~rtton of rl3rit-of•way whl~h ~~ o~v~4 by Lite~ lei foo .si:2Ple tor Jt,1y purpose 11ot ln~onslst.t!1,t \IS tt, the r1gl\t$ horct1.n a1ty i>ulldlng or ,,ther str\lct.ui"e 011 ~1,e rl.ght-ot'-way ~hlon would lntorfBro with the exere l u• cf tno right i llera-tn grf\11 te.j. t.tll!. r-tght .... ~r ... ~'tl.1 au,i !111Y level sn1t l!f'lld~ \he r·i.g.J:lt .... of ... w.;,y u., lh\\ au.e.-.t rsa!JOt:1blr neiees11ary t.o tJtH'i."I ·out tfl""' i,urpoa1.s lh.,t. r~,i"th 1n rlght-of-w•y ~o t.bo ~oh<litlou I~ vu J-.me~1otoly prtor to HUoh to ro110·10 or r-0$ \.Jr!'. ) . IUSll!Cl!llf 2 •• tt -,,. -...... ·---~·~- i l ' 1 • ! I j l I ! 6. Maintenance: Followtng t~e Initial constructton of t,upr-ovements upon the riQ:ht. .. or-way 1 arr the ac~strnctton of addit.io11al fa.J111t;i"lls llpon the , .. .tgl-c.-or-way, by eit'.her fl'4.l'i::.y as provided tn Paragraph 2 above 1 neoe:ssary ma1ntenancs of any rod.d improvem-:'"'1t.s .shall be agreed upon by the m.utual oonsent of tihe psrttes an1 the axpen~e thereof ~hall be borna by t.h~ parties iJqually. Repair of ut1llty impt'OV!lmet1ts .!Jhall be mada by =tut.ual non.sent of, and at the exp.er.se o~ the par-ties ben'9fttttng fr"Otlt toe uttl1~y impr")vement ror which repa.1,.e is required. T. Succ&ssot"':s and Asstgne.; The tlonvenants l\.at•ein uootnin41}d shall run "1th the land and are binJlng upon the partie3 hareto, t.hoir" he: lrs I successor3 ai·j aia:11gns, and all subaeqaaot owpere lih"!r.Jof. ., Dat.ed: Septemberkb, __ , 1986. EA3BMKIIT) GRANTEE: Le$ Sohwts.b Profit SJuu•ing Rt . l.reme.nt T~uSit > 'l-l'J-ft STATE OF WASHINGTON) ) st : )ll~tl OF KING ) I oertif) tnat I know or have s~t:sr~ctcry evidence t~at OB9RG6 ,\, /ill~ and D~LO~ES D. SMITH si0 Md this 11.stcument ad a.c-knowledgad it to be their t"rua ar.d voluutary 3ct ror tbe usee and purpose3 mentioned in the 1n~trwo.eat. CATEO: s~ptember L.tf:__., tQ86. S'fA?E OF llASHlNGTOtl ) COUNTY 01' nNG tit:y appoin ... maot expit•e3: ~J-f:..2- --r:-I oart1fy ti'Jij,t I know or nave satistaotory rvid.e.nce th<.1.t. ~lf/'11 z-ieeEfl/h&4·.1 aignad th.ls in:st.ruaent, on c:,ath stated that be/sh.a was authoriz.ed to e:.c:ecute the 1ustru111ent ari•1 ai:lmowledge it :as t.he Truetae ¢f urn ~CHWAB PROF!".' S(fARJ.lW R81'IREKP:HT TRIJ,'i.T to be the free ara<.J voluntary aot of such P'"r"'ty ror the use~ and purpo3a5 mentioned in the iustrument D~?BD: Septembdr !:.[___, 1?86. ,....., STA'fK OF .WASHINGTON, Unmty of King , ( On Uwl d11y ~!;IIJtwly ~!1!1.1 1:K?lore fttt! Georg.: /'., Sent t11 I to n-e ki101m lo be (}It ~vldtw dt:.albtJ kl aad "-'ha ~utcd tN wl~ end forqoiog i,utn.:u~I, Md lldnuwk,da-td that h• tf1Hd dM: WM u. hh free Hd votu.1118.ty aft and deed, fo! di,! l -:.=::::.::: .• ~ _: . -- 1 J\Cl"'.JcQ",11,.li~illf,'t -lNOt'JiOUIIII.L. (' i-~---:_~=-~-----------=-.. J... STATE OF WAS!II!fGTOH •• . : ~-----·--- Y,,•Jl/Y". ~AS~HBNT 4 ll!J.4 z.· r,~, '.i(.•ii:-~ .. -.. --r .•• ··-·-----~-··-----·-·· .• -··---w-·-·--·-,. ... ----~ ..... ~~~--,,.wt...-1~~1 ... J r . ... ... ,,-,._.,.~---.. · ...... , .. -,., .. ~.-~.~-7:;'::1 ~ "")~; UTlll TIES ti : · !.~!.f.!l.f.!!.l TIIIS IKHAUIIUIT, ,..do thh.a.£doy of ____ ,_-0:.,,.,ff_.,.pF'·u±_.{t._·.,_lj"'7•p=flia=&---'·'.12' by ••d b ...... ft J.,g:S Sc«wtil> j/Q ••d ________________ _ C1ea1tF,rs, Ul'lftt1&1 tnMf ;Q,·,,,•nd. ____ . _________ . -----·---------·-----••d _________________ _ ~-----------------···d·---------~-------8 tlenlnart•r c;•lled 11 Gi"&nto,h)"1 and th• (llY Of I\ENlOH, • Kunlc;lpal ('1r~or,.tlon (.;! lift~ N C'Jwtty, V••hln9ton, henh"ft•r celled "GraAte••·~ e o.f l1HHE$S£Tlt: . .,. ~ '.o 1 I'-Thet ·Hid ,raatorb). for •nd In consideration of the na of SJ .-- (;:) paid by Cn,,t••• •Rd 01har v•luable consldar.t oa. do bv Uacie' pnse•u, 9ranl. &ar,,"1, 1,ell. co11vc1 1 •nd warrtnt unto the t•ld Grant••, Ill ~vcc•11or1 ••d as1IQAt 1 an c•s«l'CAl for pu~llc utlll:le, (lnclYdlnv water and,.,.,) with ne~41s•ry a,pvrte ... nc~~ over, throvgh, •Cro,, •nd vpo~ th• follc-.,ln9 de~,rfb•d ptop•rty In Kl~g (oua11. V•shlngton. l"Grw p•rtl<vlatly datcrl••d as follQ111: ..... " f'·' ~ H,~-' .J'h The South~rJy IS feet 6f the Ueslerly lOO feet of th~ follow1n~: · Lot l .-r·J the,, \lest 1611 feet af Loi. l of St,ort Pl.at , SU-Pl-84·83, recorded 1.1nder Y.~1\9 Co-.nty~ RecurdfR!J I 81'lJ12'J)OOJ. befng a porUon of thn NurUiwes~: qua;..-ter ot tt.e Ho:·Lt.Mttst quirt.er of Se.ct.t,m '5, lownship z.1 Horth. Rarage 5 i.asl lf~H., In ~Ing County. Vuttin!tOR, (Aho lPGw:. .n • f'Ortl011 of TY.a,et I of Narttn'io Act-e lrMts. ic-c.ot"41jng tt> tne •,n..,,co~ed pin lhtrHf.) Sltvate hi Uu~ City of Rtflt1'!1t C-nunty of IC.lflg, S~t~ {•( wi,"llh,!)t.Gn. EXCISE TAX NOT llEOUlREtl ,.'-~Col ... ["""' ad,. -,ej •.. £...~ o \ t>tl><<r l)?/t l~"(\'1 1..:ECD F C~~~$L ~~ ., ... ~ ::J. , !f '·~· " , ~~ '"i!~t ~) ,H t4'' D~t~ .. ,:i fil;.it,lf(L £if::'. it.fl t.L. f!t .· .. ""' ~ l'!~:G!I, I.I !·l,;) UUl•I .. ~ ~ ~ "' ,. :,. ;.. .. .. ~ // ,·, t . .) j ® . . :-7 I, ------- . , ' • . ' . . \ Said htretofora ment1cne..l ;r.a.nteiil. its successors or an191\S., shill h•v• the rll)llt, wltbOllt prior aottco or proc•eding •t law, at such t111es as l10,Y ~• nec1~s1ry ta r,ter vpon safd ibov• descr1b4d property for tha purpose of ,onstruct~ ing, m&lntalntng, rcp•lrlng, 1lterfng or reconstructing said utilities, or <14klr.g any co .. ectlons therewith, wftllout lncurrlilg •nY legal obligations or lhbllfty · therefore. provided. tbat such construction. m&int1lning. repairtr.g. 1lter;n9 o~ riconstr•ctlon of said utllttle, 111411 b1 accompll•h•d In such• 011nner that the private 1°"rovement, existing In the rlght(•)-of•w&y ,hill not bt dl,turbed or damaged, tbey will be replaced 1n •• good a cond1t1on •• they were fa,ntdlately before the property was entered upon by the Grani..a. Tluo Gr.ntor shall fully usa an,1 l!fljuy thl,aforede5Crlbed premises, Including the right to retain the right to use the surface of said right-of-way !f SdC.~ Jse does aot 1nterfera with: .::allttion ~nd maintenance of the utilities. f.ow~ver, the yr•ator shall not erect buildings or structur•s over, 111\der or acrnss the rigbt•of-u•r during the existe~e of sudl utilities. Ct, This easCfllCllt, sh•ll be i coven•nt nir,olng with the l1nd ind Shill ~e bindlftS M on tlte Grantor, ~Is su~cts!ors, heirs •nd assigns. Gnntors coven•nt that \.hey '<!I ue the lawful """"'' of th• •~• propertlt5 ind that they have a goou ••a l•wful c:> right tG execute th•s •gre-t. ~ ..,,4 f" Cl) ______________ __. ... d ----------·--- and~;t;i~/· 1~~ ~p<• 6-rrl----- CORl'OAATC FOWi: S1AT£ CF COIMY OF ( ··,r .. ,,..J, I · :.. ,1._ ~-~:I-"'"'--- Go this , ,,.; "· 41/ or ·.. '·' U • ~efore ..:, tha Qnder51'1ntd, • Noury Publfc fo ,nd tor the \ute or~-..:.·-':..,.----duly CQ.,.l1Sillnt4 ina ,worn j>eUOn1!1, ipjlll<'eQ • ' · ~nJ to u lftDWI lo M •~ /.. an4 ,·, !/" , n:.r-ecttvtl.Y1 ol -t~e ci,,,i,orll fon llilt"fiecutea tho fore• getiiglriilrviiei,t, &Qda<.l:"°"leiijiltt.e .. 1-d fost....,.nt to be U,o ··ru ~od volunt.ry ilc.t ,11d det4 o: ~,tJ corpor•tft\n. for the u.H:s ;nd rurpost-, tl1orc.!11 mentton""d, and 1111 11,0 slHt4 t\ll " •ut1,arl1d IC e .. c•t• the ~•Id h•·,trument ,no th.C the n•i offhtd Is tliiGiriior'ict ,~11 of uh1 cor1>~r~t IOII. Nllff(SS "41 ~1nd tod offlcl1I ,tal h•rclO •lfl••d llW: d~y •nd r••r In lhl5 ctrtlflc~t~ 1b0•1 wrltlffl, ' ' 'i . ' , , r~· t lit1.m-fuii'll~ lo •• a for the SI~ It. Of --'----"-;.,... ___ , rutdtn9 at ., .. ,/ _ if, ··1· -' ·.1 J ••• UfU•l b l ! '· EASEIIENT THIS INSTRUMENT, made this 28t~ day of Septemi>er 19 67 , by onJ between LES SCHWAB PROf,T SHARIHGlirl'f~1Elff TRUST £r0111 LES scllilAB nP.E CENTER. hereinafter-called 1'Grantvr(s)..," and the CJTY or R.C:NTON. a Muntcipol Corpora~ton of ~Ing County. Wa~hington, hereinafter called uGrantt~.u WITHESSCTH: That said Grantor! -i:.1. to,.'" znd 1n consideration of the sum of Jl.CO pafd by Grtntec. and other vah1.ablc consideration. do by ·d1ese pre,;ents. grant, bargain, sell, convey. and warr~nt unto the saf~ Grantee> 1ts succe~s~rs ar,d assfgr1s, an easement for public utilities (street lightit:~. eh!c.tdcal a~d connunication under~round 4iST.ribution syste.s) with necessary ~ppurtenances over, through, across and upon the followi"9 il!s<ribet proi,erty In King County, Washington, ml)re particularly described as follOllS: Jesterly 10 feet of tbe follow~ag described parcel. l'3t 2 and :he ~-est 160 feet of lo~ 3 of sl•ort plat No. :i"1·Pl-414-83, 1·eco.-ded under ,c:ir19 County recr,rding No. 8"1072J9D0t. being a port1cr.i of the norlh~s, quan.e, or Se,:tion 15. loh'Jl'ihiJJ Zl • .North. RMl~e 5 east V.H. in tfnq Cuuoty. Uashlngton. (/~ls.a «.:ftO'lffl u. tt p<,rt1Gn "Jf tr-c't.t l of 14rtin1. Ac.-.. fr-acts, "~co,·din!J to the un.-ecorded plat uu.~reor.) Sitwtco In the-Ctt.1 or Rt-t:ito!I, Cou,uy o< x1n9, Stue-of W,uhfr19t-on. I of 2 g7,,·11 . ..-Q:? J..~El::l> F" C1-~14$L. .• ,, ... ~a, r:~ . , :;... ,o " .J".::; •• , "Tl !" , .. ., Q ... ~ ~ :,, m 0 !!' ~ " ~ ~ .; .. ... ~ ® . ~·: ~ ~ ' ...... .. ~ld heret~fore m~nt1onad granp~~, its successors or ass1gPs, $hall have the right, without prior notice or proceeo·in9 1t l1w, •t ,ucll tt111H as may be necossary to enter uoon sold abit•• described property far the purpose of con,tr•ct- fn9, 114tntalnlng, repairing, •lterlng or ra'°"strucllng ••Id utllltles, or .,.king any coMactloR$ theru:lth. without f;u:urrlng •IIY legal obl19atlons or l11blllty ·_ tllerefore. prov~deci, that such. constructton, matnt,tn1™J, r1p111(,•1ng. 1ltertnp, or ••«>••t,..,ctlon of said utilities shill bo •c"""Pllshed In such a .. nn,r that the private improvements exlotfng In the rlght{s)-oi•woy shill not be disturbed or d.,.•~ed, thoy will be .-.pl1ced In as good• condition 1, they were 1 .... dt•tely before the property w,s entered upon by the G,..ntee. The Gra,ntor shall f1,,1ly u~e and ei1joy the 1foredescrfbed prmih•s. 111clvdln9 the right to reOln the right to use the s••rfa;:e •f uld rlght-of•W'Y If such u,o do~s not interfere with 1nsta11•tfo~ •nd maintenance Qf ttie ut1litles. Howevtr. tlh? 9r1ntor 5h~JI not ~reel buttdings or structures over, under or ~cro,s the rlght•of•w•.v ~urlng c..,e existence of such utilities. Thh easoaent, shall be I Qlvelllnt l'Ullnlng with the land ind thAll bt b1Min9 on tho Grantor, ~ts successors, heirs and •••l,;.,s. Grantort ,:ovenant that tile;< ,re the lawful OIIAC:rs of tilt 1llove properties and tbat they have a good 1nd llwful right to exccut.e till~ agre-t. )\_ .I 0 .... 11.1,1-,, i:_,n 2d.k-=::-. •. ,d .ft)c S=-tfL ;> \ :::::_ ' "i'IT-1 ~1.~ct.Rn. 'J'ru.<;;tce _____ --'•nd r.. V o.,.me_l_l. __ = __ •"-·"------ rrus~ --------·-------~•nd ---------~- ~nrom: STAI£ Of COIIIIW( Of ss OIi tbh /_,,..... d•1 of U< h-,._-~, 19,~:'b•f<ira • .,, U.1 'IJRders1?f!td, ., Holiry Pv~llc In and ror !Ale ~tah of ,b, 1 ~--,. , do_l~ ~onnln1Mt4 ind 1wom prr,.--;ft:•1 lr •P.fM:llrfil ..... ·:..-;~ .... J'lf."" •• · ~· • ;rnd ;,· ..: ·• .... •'< ~ -·• ,{" < ··" to u teq\11! co bl '"• •. -., ,. .• ,4:.· ~. .Ml' , N,pte~t~ely, of-<"":,-;?-;;-~:';~";-·' ".I ""1·-<-.-..UontF.l ••tc~ted the fore· ~1119foslra-t, ..,,f ~i: ~ Uie uf.i IIIU,_l lO lie LM frtt •nd •aluntary JCL ,ad dH.S of Hid c,I;; ' io,,, for t~ vu,s ~ni pul'(lOSH u .. roln "ltntlone4, ,nd w, ouh stud 111H ,-<<., .,. z..<: .. Ut~·GrUM to ~ ..... 1. t<li! uhl hl·:lNIIICII\ _ _._,,.I tlle se•l-•fflatd t, the',olf'lfl,I~ ,eal of ,.1~ c,,,_,o~~tton. !IIIREU ~ ~,ad aM ofll< l~I ,t11 bc,~t<> ~ffh,U the 4ay and yoo~ In this <ertlflc.t~ a1>11v1 .... 1ttt11. 2 of l L -· •• -,., 1 .';",·'\_ <}. "' -0 a, "' .. ··1 -~ ~·::. I Li .. -.. , I ./ ~ i1 l ~ \e) \ } Return Address: Kyle V. Leishman Jones Waldon Holbrook & McDonough 170 South Maio Street, Suite 1500 Salt Lake City, UT 84101-1644 ,1,1111,1111 ~ICA CO SIS •• -II OF 113 -.ff ll/23/29H 1S:ZS KING COUNTY, WA Doewnent·Title(s) (or transactions coatalned therein): l. Cross Easement Agreemeat 2. 3. 4. Reference Number(s) of Doeume,ts assiped or released: (on page __ of documentatiou(s)) Grantor(s) (Last aaae fint, then first name and iaitlals) I.Rentoa-NorthwestLLC 2. Les Scbwab Profit Sharing Retirement Trust 3. 4. S. Additional uaes oa page _. __ of document. • Graatee(s) (Last uame fint, thea first 1181H and iaitiais) 1. Renton-Northwest LLC 2. Les Schwab Profit Sharing Retirement Trust 3. 4. S. Additional na•es on page ___ of document. FILED FOR RECORD I\T THE REQUEST Of ~,LandAmerica • commercial Senrices /rt'f.3d'fT ................................................................................................ ********** Le&al Description (abbm,iated: I.e. lot, block, plat or section, township, ninge) Lots 1, 2 and 3 of Renton LLAa No. Oll-88, Rec. No. 8810119002 Additional lepl is on page 10 and ti of dOC111Deat ••••••••••••••**************************************************************************tHt** ********** Assessor's Property Tax ParceVAccoaat Number: 518210 0008, 0009, 0010, and 0016 Additioaal Tax Parcel/Accuuat Nwnbers OD page ____ of document *"'******** The Audltor/Reeorder wlU rely on the information provided OD tbe form. The staff wUI not read the document to verify the accuracy or completeaess of the Indexing information provided herein • •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••• . .. . . . ,-;,,~ 1/, • -....//~A ~c:'!;/ '.~if .. l! .. Wl/1~· • ® RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: Kyle V. Leishman Jones Waldo Holbrook & McDonough 170 South Main Street, Suite 1500 Salt Lake City, UT 84101-1644 CROSS EASEMENT AGREEMENT . THIS CROSS-EASEMENT AGREEMENT, (hereinafter referred to <ili this "CEA"1 ;.Jade and entered Into as of the date of the last execution hereof, which date is the 2 -V day of 5, . =--~ 2008, by and between RENTON -NORTHWEST LLC, a Delaware limited liab11ity company ("Renton Northwest"), and LES SCHWAB PROFIT SHARING RETIREMENT TRUST ("Les Schwab") (individually, a "Party" and collectively, the "Parties"). WITNESSETH: WHEREAS, Renton Northwest is the owner of that certain tract of real property located in King County, State of Washington as more particularly described on Schedule I attached hereto and depicted as the "Renton Northwest Parcel" on the Site Plan attached hereto as Exhibit A (the "Site Plan"); and WHEREAS, Les Schwab is the owner of that certain tract of real property located adjacent to the Renton Northwest Parcel as more particularly described on Schedule II attached hereto and depicted on the Site Plan as the "Les Schwab Parcel'; and WHEREAS, the Parties desire to reconfigure the improvements on the Renton Northwest Parcel and the Les Schwab Parcel as depicted on the Site Plan and in connection therewith the Parties desire to grant for their mutual benefit reciprocal easements for ingress and egress, parking, signage construction and maintenance as more particularly set forth herein. NOW, THEREFORE, the Parties hereby declare, agree, covenant and consent that the Renton Northwest Parcel and the Les Schwab Parcel shall be held, sold and conveyed subject to the easements and covenants set forth herein and which shall bind and benefit the respective parcels to run with the land and be binding on and inure to the benefit of all parties having any righ~ tiHe or interest in the described parcels or any part thereof, their heirs, successors and assigns. Further. in consideration of the premises, the agreements and the covenants of the Parties hereto, the mutual benefits and advantages accruing to them, and oU,er good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ARTICLE I BASIC DEFINITIONS Section 1.1. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of fee simple tiUe to the Renton Northwest Parcel and the Les Schwab Parcel, but excluding those having such interest merely as security for the performance of any obligation. Sectioo 1.2. "Permittees· shall mean tenants and subtenants and the occupants, contractors, customers, agents, licensees, guests, employees, and invitees of an Owner, its tenants and subtenants. PECO_ Renton_ Les Schwab Aeoess Easement Agreement {2).DOC Renton. ARTICLE II EASEMENTS Section 2.1 shall apply: Definitions and Documentation. For the purposes of this Article II, the following (A) An Owner granting an easement is called the "Grantor", it being intended that any such grant of an easement shall thereby bind and include not only such OWner but also the successors and assigns to a fee interest in the Parcel of such Owner. (BJ An Owner to whom the easement is granted is called the "Grantee", it being intended that the grant shall benefit and include not only such Owner but its successors, assigns, and Permittees. (C) All easements granted herein shall be non-exclusive and perpetual. In the event an Owner transfers or conveys a portion of its Parcel, those easements granted under this Article II which benefi~ bind, and burden the remainder of the Parcel not transferred or conveyed shall benefit, bind, and burden the portion of the Parcel so transferred or conveyed, and those easements granted under this Article II which benefit, bind, and burden the portion so transferred or conveyed shall benefit, bind, and burden the remainder of the Parcel of which it was a part. (D) No Owner shall extend for the benefit of any other real property the benefits of any easement granted hereunder. Section 2.2 Easements for Use of Access and Parking hea. Each Owner hereby grants to the other Owner a non exclusive easement in and to the • Access and Parking Area" depicted on the Site Plan on such Granto~s Parcel for ingress to and egress from such Owner's Parcel for the passage of vehicles and pedestrians and for vehicular parking. Notwithstanding the foregoing, all parking in the Access and Parking Area may not be used for employee parking. Section 2.3 Initial Development Work. The Parties acknowledge that the configuration of the drive aisles and parking area on the Les Schwab Parcel existing on the date of this Agreement is not as depicted on the Site Plan and that Renton Northwest intends to reconfigure the entrance from Union Street into the Les Schwab Parcel and the parking area over a portion of the Les Schwab Parcel. In connection therewith, Renton Northwest shaff have the right to scarify, asphalt overlay and re-stripe the drive aisles and the parking areas located on the Les Schwab Parcel and to relocate the existing Les SChwab sign to U,e south of Uie new entry (collectively U,e "Initial Development Work"). Renton Northwest agrees that the Initial Development Work shall be performed pursuant to (i) plans and specifications approved by the applicable governmental authority and Les Schwab, (ii) a construction schedule approved by Renton Northwest and Les Schwab; (fti) in accordance with current industry standards. and (vi) as set forth on the Site Plan. Les Schwab hereby grants Renton Northwest a license to enter on the Les Schwab Parcel to perform the Initial Development Work. Les Schwab acknowledges that the Initial Improvement Work may require the temporary closure of the existing entrance drive Into the Les Schwab Parcel and hereby consents to such temporary closure. Renton Northwest shall coordinate the Initial Development Work with the Les Schwab or their tenants and shall use its best efforts to minimize any disruption of the existing businesses located on the Les Schwab Parcel in constructing the Initial Development Work. Renton Northwest shall defend, indemnify and hold Les Schwab harmless from and against any and all liens, losses. liabilities, costs or expenses (including reasonable attorney's fees and reasonable attorney's fees on appeal), incurred in connection with the construction of the Initial Development Work. except to the extent occasioned by Les Schwab's negligent or willful wrongful act or failure to act. PECO_ RcnlOn _ Les Schwab Access Easement Agreement (2).00C 2 Renton. Section 2.4 Sign Easement. Renton Northwest hereby grants to Les Schwab an easement for Installation, maintenance, repair and replacement of a sign to be located in the location depicted on the Sfte Plan. Les Schwab shall be responsible for the costs of constructing such sign in compliance with all applicable governmental requirements. Section 2.5 Utility Easement Each OWner hereby grants to the olher Owner a perpetual, non-exclusive easement for the installation, maintenance, use, operation, repair and replacement of utility lines and appurtenant services over, under or through the Access and Parking Area, provided that the rights granted pursuant to such easements shall at all times be exercised in such a manner as not to interfere materially with the normal operation of a Parcel and the businesses conducted therein. ARTICLE Ill MAINTENANCE, TAXES AND INSURANCE Section 3.1 Insurance. Each OWner will at aU times maintain or cause to be maintained with respect to its Parcel and all buildings and improvements thereon: (i) commercial property insurance against loss or damage by fire, lighting and other risks customarily covered by an special form all-risks policy of property insurance for the full replacement cost of the Building(s) and Improvements located thereon and (ii) commercial general liability insurance (including contractual liability coverage) against claims for bodily injury, death or property damage occurring on, in or about such Owner's Parcel in the combined single limit amount of not less than TWO MILLION DOLLARS ($2,000,000.00) per occurrence. Nothing herein shall be construed from prohiblling an owner which itself, or in combination with its parent corporation or group of affiliates which together maintain a program of self insurance, has a net worth in excess of TWO HUNDRED MILLION DOLIJ!.RS ($200,000,000.00), as determined by generally accepted accounting principles, from self-insuring for such insurance coverage, nor shall it prohibit an Owner from providing such coverage pursuant to a ·blanker policy of insurance. Section 3.2 Cross Indemnity. To the extent not oovered by the insurance policies described abOve, each Owner (the "lndemnitor') will pay, and indemnify and save harmless each other Owner (the "lndemnitee") from and against, all iabilities, losses, damages, costs, expenses (including attorneys' fees and expenses), causes of action, suits, claims, demands or judgments of any nature arising from: (i) any injury to or death of a person or loss of or damage to property occurring on the lndemnitor's Parcel; (ii) any use or condition of the lndemnitor's Parcel; and (iii) any negligence or tortlous acts of the lndemnitor or any of its tenants, licensees, invitees, customers, agents or employees occurring anywhere in the Common Area, except to the extent that such causes of action, suits, claims, demands or judgments arise out of the negligence or intentional misconduct of the lndemnitee. Section 3.3 Maintenance of Access and Parking Area. The Owner of the Renton Northwest Parcel shall maintain the Access and Parking Area in good order and condition and state of repair in accordance with the standards of first class shopping center operation including (but not limited to} sweeping and removal of trash, litter and refuse, painting and striping of parking areas, repair and replacement of paving as necessary (but in no event more often than once every seven (7) years unless the Owners shall agree otheiwise), and removal of ice and snow from driveways and parking areas. The Owner of the Les Schwab Parcel shall reimburse the owner of the Renton Northwest Parcel for l:,Nenty- five percent (25%) of the reasonable cost of such maintenance for the Access and Parking Area. All reimbursements must be made within thirty (30) days of receipt of an invoice with reasonable documentation of the costs. In the event that the owner of the Renton Northwest Parcel fails or defaults in its maintenance obligations as set forth in this Section 4.1, which failure continues for a period of thirty (30) days after receipt of written notice thereof specifying the particulars of such failure, such failure shall constitute a breach under this Easement Agreement and the Owner of the Les Schwab Parcel may thereafter perform such maintenance obligations, in addition to such Owner's other remedies. The Owner PECO_ R<IIIOll _ l.es Schwab Access Easomcnt Agreement (2).DOC 3 of the Les Schwab Parcel shall then invoice the Owner of the Renton Northwest Parcel for the expenses incurred as set forth herein. Notwithstanding the foregoing, any Owner may take whatever action is reasonably required in the case of an emergency and without the requirement of notice to the other. ARTICLE IV DEFAULT, REMEDIES Section 4, 1 Default. The occurrence of any one or more of the following events shall constitute a breach of this CEA by the non-performing party (the "Defaulting Owner"): (A) The failure to perlorm any obligation of Article II, Ill or IV hereof and to cure such failure within thirty (30) days after the issuance of a notice by a non-defaulting Owner (the "Non Defaulting Owner') specifying the nature of the default claimed (unless such default is a non-monetary default that is not capable of cure within thirty (30) days and the Defaulting Owner has commenced to so cure such failure within the reasonably thirty (30) days and diligently prosecutes such cure to completion thereafter); (B) The failure to make arrt payment required to be made hereunder within ten ( 1 OJ business days of the due date after the issuance of a notice by a Non-Defaulting Owner specifying the amount due, or (C) The failure to observe or perform any other of the covenants, conditions or obligations of this CEA or to abide by the restrictions and requirements herein provided, other than as described in (A) or (B) above, which shall be a breach under this CEA after expiration of thirty (30) days after the issuance of a notice by a Non Defaulting Owner specifying the nature of the default claimed (unless such default Is a non-monetary default that is not capable of cure within thirty (30) days and the defaulting OWner has commenced to so cure such failure within the thirty (30) days and diligently prosecutes such cure to completion thereafter). Section 4. 2 Remedies for all Owners. Each Non Defaulting Owner shall have the right to prosecute arrt proceedings at law or in equity against any Defaulting Owner or any other person for breach of any easement or restriction benefiting such Non Defaulting Owner. Such proceeding shall include the light to restrain by injunction any such violation or threatened violation and to obtain a decree to compel performance of any such easements or restrictions. No Permittee shall have the right to bring any action to enforce any provision of this CEA and no enforcing Owner shall have the obligation to join any Perrnittee in any action to enforce this CEA. Section 4.3 Right to Cure. With respect to any default under Section 5.1, any Non Defaulting Owner shall have the right, but not the obligation, in addition to any remedy available at law or equity, to cure such default by the payment of money or the perforr:nance of some other action for the account of and at the expense of the Defaulting Owner; provided, however, that in the event the default shall constitute an emergency condition involving an immediate and imminent threat of substantial injury or harm to persons or property, the Non Defaulting Owner, ac:tlng in good faith, shall have the right to cure such default upon such advance notice as is reasonably possible under the circumstances or, if necessary, due to such emergency, without advance notice, so long as notice is given as soon as possible thereafter. To effectuate any such cure, the Non Defaulting Owner shall have the right to enter upon the Parcel of the Defaulting Owner (but not into any Building) to perform any necessary work or furnish any necessary materials or services to cure the default of the Defaulting Owner. Each Owner shall be responsible for the non-performance or default of its Permittees. In the event any Non Defaulting Owner shall cure a default, the Defaulting Owner shall reimburse the Non Defaulting owner for all out of pocket costs and expenses incurred in connection with such curative action, plus interest at the Default Rate, within ten (10) business days of receipt of demand, together with reasonable documentation supporting PECO_ Rmton _ Les Schwab A<c<SS Eascmeot Agt<cment (2).DOC 4 Renton. the expenditures made. For purposes of this Section, Default Rate shaU mean the prime rate as provided by Wells Fargo National Bank plus two percent (2%). Section 4.4 Liens. Costs and expenses accruing and/or assessed pursuant to Section 5.3 above and the amounts described in Section 5.1 shaU constitute a lien against the Defaulting Owner's Parcel. A lien under this Section 5.4 shall attach and take effect only upon recordation of a claim of lien in the applicable real estate records office of the county in which the said Parcel is located, by the Non Defaulting Party making the claim. The claim of lien shall include the following: (a) the name and address of the lien claimant (b) a statement concerning the basis for the claim of lien and identifying the lien claimant as a non defaulting party; (c) an identllicallon by name and address (if known) of the Owner or reputed owner of the Parcel or interest therein against which the lien is claimed; ( d) a description of the Parcel against which the lien is claimed; (e) a description of the work performed which has given rise to the claim of lien; (t) a statement itemizing the total amount due, including interest; and (g) a statement that the lien is claimed pursuant to the provisions of this CEA, reciting the date, book and page of recordation hereof. The notice shall be duly acknowledged and contain a certificate that a copy thereof has been served upon the Owner against whom the lien is claimed, by personal service or by mailing pursuant to Section 5.3 below. The lien so claimed shall attach from the date of recordation solely in the amount claimed thereby and may be enforced in any judicial proceedings allowed by law, including without limitation, suit in the nature of a suit to foreclose a mortgage or mechanic's lien under the applicable provisions of the law of the State in which the Parcels are located. Section 4.5 Cumulative Remedies. All of the remedies permitted or available to an owner under U,is CEA or at law or in equity shall be cumulatiVe and not alternative, and invocation of any such right or remedy shaH not constitute a waiver or election of remedies with respect to any other permitted or available right or remedy. Section 4.6 No Waiver. No delay or omission of any Owner in the exercise of any right accruing upon any default of any other Owner shall impair any such right or be construed to be a waiver thereof, and every such right may be exercised at any time during the continuance of such default No waiver by any owner of any default under this CEA shall be effective or binding on such Owner unless made in writing by such owner and no such waiver shall be implied from any omission by an Owner to take action in respect to such default No express written waiver of any default shall affect any other default or cover any other period of time other than any default and/or period of time specified in such express waiver. One or more written waivers or any default under any provision of this CEA shall not be deemed to be a waiver of any subsequent default in U1e performance of the same provision or any other term or provision contained in this CEA. Section 4.7 No Termination for Breach. No breach, whether or not material, of the PfOVisions of this CEA shall entitle any Owner to cancel, rescind or otherwise terminate this CEA, but such limitation shall not affect, in any manner, any other rights or remedies which any Party may have hereunder by reason of any breach of U,e provisions of this CEA Section 4.8 Ljmitation of Liability. Notwithstanding the foregoing, any person acquiring fee or leasehold title to a Parcel, or any portion thereof, shall be bound by this CEA only as to the Parcel or portion of the Parcel acquired or possessed by such person. In addition, such person shall be bound by this CEA only during the period such person is the fee or leasehold Owner or occupant of such Parcel or portion of the Parcel; and, upon conveyance or transfer of the fee or leasehold interest shall be released from liability hereunder, except as to the obligations, liabilities or responsibilities that accrue prior to such conveyance or transfer. Although persons may be released under this Section 6.8, the easements, PECO_ Renton_ Les Schwab Access Easement Agreement (2).00C 5 .; ~ / covenants and restrictiOns in this CEA shall continue to be benefits to and servitudes upon said Parcels running with the land. Section 4.9 Attorneys Fees. In the event of a breach hereof, the non-prevailing owner shall pay the reasonable attorney's fees (and the reasonable attorneys' fees on appeal) of the prevailing owner. ARTICLEV MISCELLANEOUS Section 5.1 Tew and Perpetuity. The agreements, conditions, covenants, and restrictions created and imposed herein shall be -effective upon the date hereof and shall continue in full force and effect, to the benefit of and being binding upon all Owners, their Permittees, heirs, executors, administrators, successors, successors-in-title, and assigns unless terminated by the consent of all the Owners pursuant to a writing recorded in the real property records of the county and state in which the Parcel is located. Said agreements and resbictions shall be unaffected by any change in the ownership of any real property covered by this CEA or by any change of use, demolition, reconstruction, expansion or other circumstances, except as specified herein. Notwithstanding the foregoing, the easements contained herein binding and benefiting the Parcels shall be perpetual and shall run with the land. Upon termination of the agreements, conditions, covenants and restrictions of this CEA, all rights and privileges derived from and all duties and obligations created and imposed by the provisions of this CEA, except as related to the easements cited and mentioned herein, which are a legal necessity shall terminate and have no further force or effect. Section 5.2 Owners. Amendment This CEA may be amended with the written consent of all of the Section 5.3 Notices. Any notice or invoice required or permitted to be given under this CEA shall be in writing and shall be deemed to have been given upon deposit in the United States Mail as Certified Mail, Return Receipt Requested, postage prepaid or deposit wifu a nationally recognized overnight delivery service, and addressed to the Party being notified at the address given below (or such other address which any party may designate for itself from time to time hereafter by written notice to the other Party): Renton Northwest Les Schwab: James P. Shipman 175 East 400 South, Suite 402 Salt Lake City, Utah 84111 Mr. Dave Husk Director of Development Les Schwab Tire Centers P.O. Box667 646 W/11 Madras Highway Prineville, OR 97754 Section 5.4 SeverabiHty. In the event any provision or portion of this CEA is held by any court of competent jurisdiction to be invalid or unenforceable, such holding wiU not affect the remainder hereof, and the remaining provisions shall continue in full force and effect to the same extent as would have been the case had such invalid or unenforceable provision or portion never been a part hereof. PECO_ Renton_ Les Sohwab Access Easement Agm,ment (2).DOC 6 Section 5.5 No Public Dedication. Nothing contained herein shall be deemed or implied to be a gift, grant or dedication of any Parcel or any portions thereof, to the general public, or for any public use or purpose whatsoever. Except as may be specifically provided herein, no right, privUeges or immunities of any Owner hereto shall inure to the benefit of any third-party, nor shall any third-party be deemed or considered to be a beneficiary of any of the provisions herein contained. Section 5.6 Counterparts. This CEA may be executed ln one or more counterparts, each of which shall be deemed an original and all such counterparts shall constitute one and the same instrument Section 5.7 Relationship of the Parties. Nothing contained herein shall be construed or interpreted as creating a partnership, joint enterprise or joint venture between or among the Parties hereto or the Owners. It is understood that the relationship between the Parties hereto and Owners is an arms length one that shall at all times be and remain that of separate owners of real property. No Party hereto nor any Owner shall have the right to act for or on behalf of another Party or Owner, as agent or otherwise, unless expressly authorized to do so by separate written instrument signed by the Party or Owner to be charged or bound, except as otherwise specif,caUy provided herein. IN WITNESS WHEREOF, the Parties hereto have executed and delivered this CEA as of the day and year first written above. [Remainder of Page left Intentionally Blank; Signatures on Following PagesJ PECO_Ren!<>n_Less-Ac<:css Easem<nlAgre<mcnt(2).DOC 7 Renroo. Signature Page for Renton Northwest STATE OF --.... o~l""H~e~ COUNTY OF HAMILTON } ss. ! RENTON NORTHWEST: Renton -Northwest LLC, ~~-~~-· ame::s~,£.l!S p. $Wp~ TIiie-. VICE PRESIDENT ON THIS 4-~ day of $ <>,Q 'T . 200 before.11\1!, · the upderslgned, a Notary Public in and for said County and State. perso¥a11y appeared ~0 l!"<SS· ~ , to me personaffy known to be the person described in and who executed the foregoing~ be~s~:: duly sworn, stated that hetshe is the VICE PRESfOENI of ~ -4-C '"i:~ffii:;i:iiiiiiGi~' and that he/91:1e-executed such instrument on behalf of said eer~OI alie~ by a\llllgrity ef.eu....-lih-, it& bgaFI! ef direstoR;, and said person ,ai;imowledged to me that he/she executed such instrument as the / act and deed of said Wijloratian. ~~ IN WITNESS WHEREOF, I have hereunto set my hand and affoced my official seal the day and year last above written.~ ·}-/J Notary Public __ _,_~-"":.=:.;:..=::....;...:::_=,.__,~..,_,,,._,,,..,,,,,._ __ _ Printed Name: My Commission Expires: 8 Signature Page for Les Schwab: Steven L. Bjorvik, Trus cllheL.esSchwab Profit Sharing Retirement Trust Pursuant to Resolution of Trustees Recorded on February 11, 2008, as Instrument No. 2008-0211000907, King County, Washington STATE OF OREGON County of Crook )ss. This instrument was acknowledged before me on Av~us± .). 'I , 2008 by Steven L Bjorvik as Trustee of the Les Schwab Profit Sharing Retirement Trust tamJsL VW\ -~C~ Notary Public -Stale of O~gon ~ ~ ct 9 OFACiAL SEAL BONMIE M MCCO'/ NOTARY P!J8UC-OFL' · .. COMMISSION NO . .i::-:-:; MY COMMISSION ex~A':2~~·.}t,': Schedule I Legal Description Renton Northwest Parcel PARCEL A:. LOT 1 OF SHORT PLAT NO. SH-PL-084-83, AS RECORDED UNDER KING COUNTY RECORDING NO. 8407239001; (ALSO KNOWN AS LOT 1 OF LOT LJNE ADJUSTMENT NO. LLA-011-BB, RECORDED UNDER KING COUNTY RECORDING NO. 8810119002); SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON PARCELS: THE SOUTH 140 FEET OF THE NORTH 182 FEET OF THE EAST 160 FEET OF THE WEST 190 FEET OF THE NORTHWEST 114 OF THE NORTHWEST 1/4 OF SECTION 15, TOWNSHIP 23 NORTH, RANGE 5 EAST, W. M., RECORDS OF KING COUNTY; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON 10 Schedule II Legal Description Les Schwab Parcel LOTS 2 AND 3 OF CITY OF RENTON LOT LINE ADJUSTMENT NO. 011-8B, AS RECORDED UNDER RECORDING NO. 8810119002, RECORDS OF KING COUNTY AUDITOR; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON 11 . l = TAX PARCEL NO. 5182100010 9 ; l buffer b IHr---4!,,,,,,""'.,.,..,,,;,#.·· __ _j 10' 00 E1£CIAIC £SliT. REC NO. 8411160567 EXISTING LES SCHWAB TIRE STORE 0 30' 60' 120· 1f I WALGREENS LES SCHWAB llil 1• • SCALE: 1" = 60' RENTON, WA 20090217002000.001 REIYRN ADDRESS: -·111111111111111 l0s0211002000 Puget Sound Energy, Inc. Attn: ROW Department (HMT) PO Box 90868 I EST-o&W Bellevue, WA 98009 PUGIT~~EAS 04.oe ~"-,., .. KING COUNTY, UA .., ORIGINAL EASEMENT REFERENCE #: GRANT OR: LES SCHWAB PROFIT SHARING RETIREMENT TRUST GRANTEE: PUGET SOUND ENERGY, INC. SHORT LEGAL: LOT 2 OF CITY OF RENTON LLA NO. 011-88, REC. NO. 8810119002 "8SESSOR'S PROPERTY TAX PARCEL: 518210--0016 For and in consideration of One Dollar ($1.00) and other valuable consideratiOn in hand paid LES SCHWAB PROFIT SHARING RETIREMENT TRUST, ("Granter" herein), hervby conveys and wam,nls to pUGET SOUND ENERGY, INC .• a Washington Corporation ("Grantee~ herein), for lhe purposes hereinafter set forth. a nonexclusive pe,petual easement over, along, across, and through the following described real property tProperty" herein) in King County, Washington: LOT 2 OF CITY OF RENTON LOT LINE ADJUSTMEIIT NO. 011-88, RECORDED UNDER KING COUNTY RECORDING NO. 8810119002; BEING A PORTION OF CITY OF RENTON SHORT PLAT NO. SH-PL-84-83, RECORDED UNDER KING COUNTY RECORDING NO. 840n39001; . BEING A PORTION ON THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 15, TOWNSHIP 23 NORTH, RANGE 5 E"8T, W.M., IN KING COUNTY, WASHINGTON; (ALSO KNOWN AS A PORTION OF TRACT 1 OF UARTINS ACRE TRACTS, ACCORDING TO THE UNRECORDED PLAT THEREOF.) SITUATE IN THE crtY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. Except as may be otherwise set forth herein Grantee's rights shal he exerei$8d upon that portion of the Property ("Easement Area~ herein) described as follows: THE NORTH 24 FEET OF THE WEST 13 FEET OF THE ABOVE DESCRIBED REAL PROPERTY. A DIAGRAM DEPICTING THE LOCATION OF THE EASEMENT AREA IS ATTACHED HERE TOASEXHIBIT"A" AS A VISUALAID ONLY. 1. Purpose. Grantee shal ha>/e the right to use Iha Easement Alea to conatruct. operate, maintain, repair, replace, improve, remove, and enhwge one°' more utility systems for pu,poses of tra11smi8&ion. Clistribution and sale o1 eleciricity. Such systems .., rmiled lo: OVerhead fadllties: Pdee, lla BAI aAII aVlar eupp.t sWGNraa n~U:i li"rGSeaARs, b,aeaa, 811l'J& and -electric transmlsslon and dislribution llnos; lwer optic .-and Olller Unes. callle5 and fac:iftties for communicallons; b kAll8f8. 81,eet ligl:lte, melaM, lhltuffl&, afta&hAleRts BREI 8A)' aR9 aA '*er fasUilisa or rpp ts sas Aesascauy 9f &BA aRieRl ta aRy er all gf Ui.e ku:egaiRg, provided Installation and opel"ation of such do not limit use of the area for access to Grantor's property. Following the kJitial construction of atr or a portion of ils systems, G«intee may, rrom time to time, construct such additionw fines as ii. may require for such systems. Granlee ~ have the right of access to the Easement Area over and across the Property to enable Grantee lo exercise it.a rights hereooder. Grantee shaU compensate Grantor fOr any damage to the Property cauised by the exe,dse of such right of access by Grantee. 2. Ea8enleflt Area Clearing and Maintenance. GranCee shall have the right to cut. remove and dispose of any and al brush, Crees or other vegetation in the Easement Area. Grantee shall also have the right to control, on a continuing basis and by any prudent and reasonable (Tl88ns, the establishment and growth of brush, trees or other vegetation in lhe Easement Area. WALGREENS DRUGSTORE #12497 EloetriC OVerhang Eaement (2/2003) WOIIJ.105052B67 / RW-070003 Page 1 of 3 @ 20090217002000.002 4. Grantor's Use of Easemant Area. Granter reserves the right to use the Easement Area for any purpose not inconsistent with the rights herein granted. provided, however, Granter shall not oonstrud or maintain any buildings. structures or other objects ·on the Easement Area and Grantor shall do no ~ting withill 300 feet of Grantee's facilities !Nithout Grenlee's prior written consent. 5. Indemnity. Grantee agrees to indemnify Granlol' from and against liabilify incurred by Grantor as a result of Grantee's negQgence in the exercise of the rights herein granted to Gramee, but nothing herein shaH require Grantee to indemnify Grantor for that portion of any such Hability attributable to lhe negllgeoce of Grantor or the negligence or otherS. 6. AblindonmenL The rights herein granted shall conlinue und such time as Grantee ceases to use the Easement Area for a period of five (5) successive years, in which event. this easement shall terminate and an l'ights heraundet, and any impcyvements remaining in the Easement Area. shall revert IO or olhet'Wisa become the property of Gnnor: provided, however, that no abandonment ahall be deemed to hate oocurred by reason of Grantee's failure to initially inslaa Its systems on the Easement Area wtlhln any period of time from lhe date hereof. 7. Successors and A111lgna. Grwilee shal have tne right IO assign, apportion or othefWisa transfer any or all of Its rights, benefit&. privileges and interests alising in and under this easement. Without limiting the generalty c;Jf the foregoing, the rights and oblgatlans of the parties shall inure 1o lhe banefit of and be binding upon their reBpet;tlve successors and assigns. GRANTOR: LES SCHWAB PROFIT SHARING RETIREMENT TRUST STATEOF Orejo,J ) COUNTYOF Desdwt-e.s lss <:! A On th~ .2'J day of Janua,y, 2009, bero,e me personally appeared -.JTie-1/e..J I-• D I ofii'7J<-to me known to be the Trustee(s) of the LES SCHWAB PROFIT SHARJNG RETIREMENT TRUST that executed the foregoing instrument, and acknowtedged said instrument to be the fret a~ voiuntary ad and deed of said Trust, for the uses and purposes therein mentioned. and on oath Slated that_ n.e... __ isfare authOl'izec:Ho execute said instruments. ;-:::---r;;;:;;;;;~-:r~-=~:= ~:~.oicb!1 ~-r OOMMISSfQNt«>.417162 {Print or stamp name of Notary) MY COMMlssroN EJ<PIP.F.$ .IUI.Y 10, 2011 NOTARY PUBLIC in and ~r the State_~! *'lflllUI.IIOOl .... 111 __ ...... .,., ..... I'~ WAI.GREENS DRUG STORE #12491 UG Bectric 11/1998 W01105052867 f RW.070003 Page2 of$ Or:fjool ...-i;,-.ia1 t',1,Jfv,1te MyA-E,preac 7/iO !:Joi( . " I 20090217002000.003 EXHIBIT ''A" . 1-------, I I . I ! ·TAX PARCEL NO. 5182100008 j. Lr518210-0016 i lf~rst -NO. :~O;,--i I 1 ·-.~~··---i· I • . I TAX PARCEL NO. 5182100016 ~ I , I I I 1-=.!r_/..._.--<==!I ---I I I I TAX PARCEL NO. 5182100010 ,, I l lL : __ _j Puget Sound Energy Easement ·m ......... " .. ---"" I --1- 1 " : llq9QII.NI ~ l --WALGREENS-Les Schwab " : ph:~ j O <: ~~ R t WA L' ; i ""' ,.,,._.. en on, ,__'_"_'"_··_·_"'_' -----·,...·----,------------------------ WAL~ENS DRUG STORE ttl2497 El-~EMem ... (2/2003) W0#105052887 / RW-070003 Page3of3 ---------~~--------- 06/04/2009 09:46 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL •• ~rsTitle \iii, INSURANCI! CORPORATIO ... PROFORMA (6-3-09) POUCY OF TITLE INSURANCE Issued by Lawyers Title Insurance Corporation SCHEDULE A Amount of Insurance: $1,000,000.00 Policy/file No.: 11143048 Date of Policy: June, 3, 2009 at 8100 a.m. 1. Named of Insured: Walgreen Co., an Illinois cot"poratian 2. The estate or inten,st in the land described herein and which Is covered by this policy Is: the leasehold ettate ~reated by that -In lease between Renton-Northwest LLC, as •-r, ancl Walgreen Co., as•-, dated February 27, 2008, a memorandum of whleh Is recarcled under Recording No. 20080320001095. 3, The estate or lntnst referred ta herein is at the Date or Polley vested In: Walgreen Co., an Illlnols corporation 4. The land referred to in this policy is situated in the County of King, State of Washington, and Is more particularly described in Exhibit "A" attached hereto and made a part hereof. ALTA Owner's Policy (10·17·92) Page 1 06/04/2009 09:46 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL lgJ 003/021 File No.: EXHIBIT"A" PARCEL A: LOT 1 OF SHORT PLAT NO, SH·PL-084-83, AS RECORDED UNDER KING COUN1Y RECOROING NO. 8407239001; (ALSO KNOWN AS LOT 1 OF LOT UNE ADJUSTMENT NO. LLA-011·88, RECORDED UNDER KING COUNTY RECORDING NO, 8810119002); SITUATE IN THE cnY OF RENTON, COUN1Y OF KING, STATE OF WASHINGTON. PARCEL B: THE SOUTH 140 FEET OF THE NORTH 182 FEET OF THE EAST 160 FEET OF THE WEST 190 FEET OF THE NORTHWEST 1A OF THE NORTHWEST V. OF SECTION 15, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., RECORDS OF KING COUNTY; PARCELC: A RECIPROCAL EASEMENT FOR INGRESS, EGRESS AND UTILITIES RECORDl:O UNDER RECORDING NO. 20081023001386. SITUATE IN THE CITY Of RENTON, COUNTY OF KING, STATE Of WASHINGTON, ALTA Owner's Polley (10·17·92) Page2 08/04/2009 09:46 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL ~ 004/021 --FIie No.: SCHEDULE B 1:XCEPTIONS FROM COVERAGE This Polley does not insure against Joss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: SPl!ClAL EXCEPTIONS: 1. INTENTIONALLY DEL.El"ED. 2. GENERAL PROPER1Y TAXES and SERVICE CHARGES, as fOJlows, together with Interest, penalty and statutory foreclosure costs, if any, a~er delinquency: {1st half delinquent on May 1; 2nd half delinquent on November 1) Tax Acoount No.; 518210 0009 Year Billed Paid Balanc.e 2009 $6,080.22 $00.00 $6,080.22 3. GENERAL PROPER1Y TAXES and SERVICE CHARGES, es follows, together with Interest, penalty and statutory foreclosure costs, If any, after delinquency: (1st half delinquent on May 1; 2nd half delinquent on November 1) Tax Aecount No,; 518210 0008 Year Billed Paid Balance 2009 $4,471.64 $2,235.82 $2,235.82 4. NOTICE Of TAP OR CONNECTION CHARGES WHICH HAVE SEEN OR WILL BE DUE IN CONNECTION WITH DEVl!LOPMENT OR RE-DEVELOPMENT OF THE LAND AS DISCLOSED BY RECORDED INSTRUMENT. INQUIRIES REGARDING THE SPECIFlC AMOUNT OF THE CHARGES SHOULD BE MADE TO THE CITY/COUNTY/AGENCY: CITY /COUNTY/ AGENCY: RECORDEO: RECORDING NO.: S. INTENTIONALLY DELETED. CITYOF RENTON JUNE 21, 1996 9606210966 6, RESERVATIONS CONTAINED IN DEED FROM THE NORTHERN PACFIC RAILROAD COMPANY DATED JANUARY 2, 1900, RECORDED JUNE 20, 1900, UNDER RECORDING NO, 192430, AS FOLLOWS: RESERVING AND EXCEPTING FROM SAID LANDS 50 MUCH OR SUCH PORTIONS THEREOF AS ARE OR MAY BE MINERAL LANDS OR CONTAtN COAL DR IRON, AND ALSO THE USE AND THE RIGHT TO THE USE OF SUCH SURFACE GROUND AS MAY BE NECESSARY FOR MINING OPERATIONS, AND THE RIGHT OF ACCESS TO SUCH RESERVED AND EXCEPTED MINERAL LANDS, INQ.UDING LANDS CONTAINING COAL OR IRON FOR THE PURPOSE OF EXPLORING, DEVELOPING ANO WORKlNG THE SAME. AND AMENDMENTS THERETO: RECORDED: RECORDING NO.: JULY 24, 1970 6675226 ALTA owner's Policy (10-17-92) Page3 06/04/2009 09:46 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL li!J 005/021 ··-~ FIie No.: SCHEDULE B Continued 7. RIGHT TO MAKE NECESSARY SLOPES FOR CUTS OR FILLS UPON THE !AND HEREIN DESCRIBED AS GRANTED TO KING COUNTY SY DEED RECORDED UNDER RECORDING NO. 5953034. 8. A INTENTIONALLY DELETED. 9. INTENTIONALLY DELETED. 10. ALL COVENANTS, CONDffiONS, RESTRicnONS, RESERVATIONS, EASEMENTS OR OTHER SERVITUDES, IF ANY, DISCLOSED BY SHORT PLAT RECORDED UNDER RECORDING NO. 8407239001. (COVERS: PARCEL A) AS SHOWN ON SUR.VEY PREPARED SY 6ARGHAUSEN CONSTULTING ENGINEERS, INC. DATI:D OCTOBER 22, 2007, JOB NO. 13240. 11. ALL COVENANTS, CONDffiONS, RESTRicnONS, RESERVATIONS, EASEMENTS OR OTHER SERVITUDES, IF A.Nf, DISCLOSED BY BOUNDARY UNE ADJUSTMENT RECORDED UNDER RECORDING NOS. 8609229010 AND 8810119002 THIS POUCY DOES NOT INSURE THAT THE LAND DESCRIBED IN SCHl:OULE A IS BENEFITTED BY EASEMENTS, COVENANTS OR OTHER APPURTENANCES SHOWN ON THE PLAT OR SURVEY TO BENEFIT OR BURDEN REAL PROPERTY OUTSIDE THE BOUNOAAIES OF SAID LAND. (COVERS: PARCEL A) 12. INTENTIONALLY DELETED. 13. INTENTIONALLY DELETED. 14. ACCESS AGREEMENT AND THE TERMS AND CONDIDONS THEREOF: RECORDED: RECORDING NO.: REGARDING: DECEMBEP, 29, 200S 20051229001534 COVERED CONTAMINATION 1S. INTENTIONALLY DELETED. 16. INTENTIONALLY DELETED. 17, INTENTIONALLY DELETED. 18. INTENTIONALLY DELETED. 19. INTENTIONALLY DELETED, 20. INTENTIONALLY DELETED. 21. RECIPROCAL EASEMENT AGREEMENT BETWEEN RENTON•NORTHWEST I.LC AND LES SCHWAB PROFIT SHARING RETIREMENT TRUST RECOROl:D UNOER RECOROING NO. 20081023001386. 22. ADVERSE RIGHTS RESULTING FROM A STORM DRAIN UNE LOCATED IN THE EASTERLY PORTION OF THE PREMISES WHICH RUNS FROM THE SOUTHERLY AO.JOINER OUT TO N.E. 41H STREET, DISCLOSED BY SURVEY BY BARGHAUSEN CONSULTING ENGINEERS, INC., DATED OCTOB!!R 22, 2007, JOB NO. 13240. ALTA Owner's Policy (10-17-92} Page4 ------------------------------------------·- 06/04/2009 09:47 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL Ii!! oos/021 23. 24. 2S. 26. 27, SCHEDULE B Continued TERMS AND CONDITTONS OF THE !£ASE REFl:RRED TO IN SCHEDULE A. DeED OF TRUST AND THE TERMS AND CONDIDONS THEREOF: GRANTOR: RENTON-NORTHWEST LLC TRUSTEe: 1AANSNATION TITLE INSURANCE COMPANY 6ENEFICIARY: JPMORGAN CHASE BANK, N.A. ORIGINAL AMOUNT: $6,700,000.00 DATED: MARCH 3, 2008 RECORDED: MARCH 3, 2008 RECORDING NO,; 20080303001874 CROSS EASEMENT AGREEMENT AND THE TERMS AND CONOITTONS TliERl:OF: GRANTEE: RENTON-NORTHWEST LLC PURPOSE; AREA AFFECTED: Rl!CORDEO: RECORDING NO.: LES SCHWAB PROFIT SHARING RETIReMeNT TRUST ACESS AND PARKING A PORTION OF SAID PREMISES OCTOBER 23, 2008 20081023001386 EASEMENT ANO THE TERMS AND CONDITTONS TiiEREOF: GRANTEE: PUGET SOUND ENERGY, INC. PURPOSE: UTILITY SYSTEMS AREA AFFECTED: A PORTION OF SAID PREMISES RECORDED: DECEMBER 11, 2008 RECORDING NO.: 20081211000445 FIie No.: SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT AND THE TERMS AND CONDITTONS THEREOF: RECORDED: MARCH 20, 2008 RECORDING NO.: 20080320001096 ALTA owner's Polley {10·17-92) Page 5 06/04/2009 09:47 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL ....... · -~- ~• ~rsTitle '.a, lNSURANCE CORPORA.Tl OH ALTA ENDORSEMENT~ FORM 3 ZONING ATI"ACHED TO POU:CY NO. 1 I l \f 10 4f 5' ISSUED BY Lawyers Title Insurance Corpor11tion The Company insures the Insured against loss or damage sustained in the event that, at Date of Policy: li!]007/021 1, According to applicable zoning ordlmmces and amendments thereto, the land is not classified Zone CA (Commercial Arterial). 2. The following use or uses are not allowed under that classification: general retail 111ere shall be no liability 1./nder this Endorsement based on; a. Lack of compliance with any conditions, restrictions, or requirements contained in the zoning ordinances and amendments thoreto mentioned above, including but not limited to the failure to secure necessary consents or authorizations as a prerequisite to the use or uses. b. The invalidity of the ordinances and amendments thereto mentioned .ibove untfl 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 estate or interest coverad by this Polley. 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 Ins1.1rance. To the extent a provision of the policy or a preVious endorsement Is Inconsistent with an express provision of this endorsement, this endorsement controls, Otherwlse, this endorsement Is subject to all of the terms and provisions or the policy and of any prior endorsements. ALTA Form 3 -Zoning (Revised 10/17/98) 06/04/2009 09:47 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL ,• ~rsTitle !.;IJ INSURANCI! CORPORATION AL TA ENDORSEMENT -FORM 17 ATTACHliPTD POUCY NO, l\\'t104S' ISSUED BY l-awyers Title lnwrance Corporation Iii! 008/021 The Company insures against I""" or damage sustained by the insured if, at Date of Polley: (I) the land does not abut and have both actual vehicular and pedestrian access to and from N.E. 4th Street (the "Street"), (ii) the Street is 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 Street abutting the land. This endorsement Is Issued as part of the policy. Except as it expressly statl!S, it does not (i) modify any of the terms and provisions or the polley, (Il) modify any prior endorsements, (111) extend the Date of Policy, or (Iv) lncreaso 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 provi~ions of the pelicy and of any prior endorsemenu. ALTA Form 17 -Access and Entry (10/23/03) ------···-- 06/04/2009 09:47 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL -- ie ~rsTitle 'a' INSU~APJC& CORPORATION ENDORSEMENT ATTACHl!D TO OWNERS POLICY NO, \ ( \ '4 J ()ff" ISSUED BY Lawyers Tltle Insurance COr,Poration fi!I 009/021 The Company hereby insures the Insured against loss which the Insured shall sustain by reason of the failure of the easement described as Parcel C In Schedule A to provide the owner of the estate or interest l'<!ferred to in Sehedule A with ingress and egress to and from a public street known as Union Avenue N.E •• This Endorsement Is made a part of the Polley and is subject to all of the terms and provisions thereof and of any prior endorsements thereto. Except to the extent expressly stated, it neither modifies any of the terms and provisions of the Policy and any prior endorsements, nor does It extend the effective date of the Polley and any prior endorsements, nor does it Increase the face amount thereof. CLTA Form 103.4 ·Easement,~ to Public Street (Revised 6/14/96) 06/04/2009 OS:47 FAX 253 572 8400 LANOAM/RTC-COMMERCIAL ,lft ~rsTitle ,.., INSURANCE='. CORPOR.ATION ALTA ENDORSEMENT-FOlm 19 ATTACHED TO POUCY NO, ISSU!DBY If I 'fl Olfl' Lawyers Title Insurance Corporation The Company insures against loss or damage sustained by the Insured by reason of: (1) the failure of Parcels A, Band C In Sc:hedule A to be contiguous to each other; i4J 010/021 (2) l:he presence of any gaps, strips or gores separating any of the contiguous boundary lines described above. This endorsement Is Issued as pan: of the policy. ExQ!pt as It expressly sl:ates, It does not (i) modify any of the terms and provisions of the pollcy, (II) modify any prior endorsements, (iii) extend the Date of Policy or (Iv) Increase the Amount of Insurance. To the extent • provision of the pollcy or a previous endorsement is inconsistent with an express provision of this endorsament, this endorsement controls. Otherwtse, this endorsement Is subject to all of the terms and provisions of the policy and of any prior endorsements. ALTA Form 19 -Contiguity -Multiple Parcels (10/23/03) ---------··---·~···-· --------- 06/04/2009 09 48 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL ,I!\ ~rsTitle ,., IN<iURANCE CORPORATIPN ALTA ENDORSEMENT -FORM 18 ATTACHl!D TO POUCY NO, 1\ l 'f J Ollf ISSUl!D BY Lawyers Title Insurance corporation li!J 011/021 The Company insures against loss or damage sustained by the Insured by reoson of the land being taxed 11S part of a larger parcel of land or falling to constitute a separate tax parcel for real estate tax purposes. This endorsement is Issued as part of the polic;y. except as It expressly stab:5, it does not (1) modify any of the terms and provl51ons of the policy, (Ii) modify any prior endorsements, (111) extend the Dal'.A of Policy, or (Iv) increase the Amount of Insurance. To the extent a provision of the policy or a prevl<>WI 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 pr1or endorsements. ALTA Form 18 -Single Tax Parcel (10/23/03) 06/04/2009 09:48 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL iii\ ~rsTitle '-a' INSURANCE CORPORATION ALTA ENDORSEMENT -FORM 9,2 RESTRICTIONS,INCROACHMENTS,MINERALS ATTACHl!D TO OWNl!RS POLICY NO, ff J 't Jt "'' ISSUED BY T Lawyers Title Insurance corporation The Company Insures the Insured against loss or damage sustained by reason of: li!I012/021 1, The existence, at Date of Policy, of o1ny of the following unless expressly excepted In schedule 8: a. Present violations on the land of any enforceable covenants, c:ondlttons or restrictions, or any existing Improvements on the land which violate ar,y building setback lines shown on ~ plat of subdlVlslon recorded or filed In the public mcords. b. Any instrument referred to In Schedule B as containing covenants, conditions or restrictions on the land which, In addition, (i) establishes an easement on the land; (II) provides for· an option to purchase, a right of first refusal or the prior approval of a future purchaser or occupant; or (ID) provides a right of reentry, possibility of reverter or right of forfeiture because of VIQlations on the land of any enforceable covenants, conditions or restrictions. c. Any encroachment of existing Improvements located on the land onto adjoining land, or any encroachment onto the land of existing improvements located on adjoining land. d. Any encroachment of existing Improvements located on the land onto that portion of the land subject to any easement excepted in Schedule 8. e. Any noUces of violation of covenants, conditions and restrictions relating to environmental protection recorded or tiled in the ·public records. 2. Damage to existing buildings: a. Which are located on or encroach upon that portion of the land subject to any eaaernant excepted In Schedule B, which damage results from the exercise of the right to maintain the easement for the purpose for which it was granted or reserved; b. Resulting from the future exercise of any right existing at the Date of Polley to use the surface of the land for the extraction or develOpment of minerals excepted from the description ofthe land or excepted In Schedule B. 3. Any final court order or Judgment requiring the removal from any land adjoining the land of any encroachment other than fences, landscaping or drtveways, exee~d In SChedule 8. 4. Any final court order or judgment denying the right to maintain an~ existing bullding on the land because of any vlolatlon of covenants, conditioos or restrictions or building setback lines shown on a plat of subdivision recorded or tiled In the public records. ALTA Form 9.2 • Restrictions, lencroa<:hments, Minerals (Revised 10/17/98) 06/04/2009 09:48 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL Iii] 013/021 Wherever In this Endorsement the words •covenants, conditions or restrictions" appear, they shall not be deemed to refer to or include the terms, covenants, conditions or llmitatlons contained in an Instrument creating a lease. As used ln Paragraphs l(a) and 4, the words "covenants, conditions or restrictions' shall not be deemed to refer to or include any covenants, conditions or restrictions relating to environmental protection. This endorsement Is issued ;is part of the policy. Except as It e~pressly states, It does not (I) mOdlfy any of the terms and provisions of the policy, (II) modify any prior endorseme11ts, (Ill) extend the Date or Policy, or (iv) Increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement Is Inconsistent with an expR!S5 provision or 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. ALTA Form 9.2 -Restrictions, Encroachm""ts, Minerals (Revised 10/17/98} 06/04/2009 09:48 FAX 253 572 9400 LAHOAM/RTC-COMMERCIAL ·-· ·.._. ,et ~rsTitle ....,, INSURANCE CORPORATION ENDORSEMENT ATTACHED TO LOAN POLICY NO, ·)If .. '""" ISSUED BY Lawyers Title Insurance Corporation liiJ014/021 The Company hereby Insures the Insured against loss or damage which the Insured shall sustain by reason of the failure of the land to be the same as that delineated on the plat of a survey made by Barghausen Consulting Engineers, Inc. on October 22, 2007, designated Job No. 13240. This Endorsement Is made a part of the Polic;y and is subject to all of the tem1s and provisions thereof and of any prior endorsements thereto. Except to the extent expressly stated, it neither moctines any of the terms and provisions of the Polley and any prior endorsements, nor does It extend the efl'ective date of the Polley and any prior endorsements, nor does it increase the face amount thereof. CLTA Form 116,1 -Survey (Revised &/14/96) 06/04/2009 09:48 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL 1P.:~sTitle .. , INSURANCE CORPORATION EASEMENT ENDORSEMENT ATl'ACHED TO OWNER'S POUCY NO. lll'fo7o\t' ISSUlil> BY Lawyel'5 Title Insurance Corporation li!]015/021 The Company hereby Insures the Insured that any tax sale of the general real estate taxes affecting the land underlying the easements insured in Schedule A, or any tax deed issued pursuant to any such tax sale, will not result In the loss or termination of said easements. The coverage extended by this Endorsemant is not applicable lf the land underlying the easements insured herein becomes a separately taxed parcel of property and a tax deed is issued solely because of the non-payment of such separate tax. 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, (ill) 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. easement • Tax Sale 08/04/2008 08:48 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL ··- ie ~rsTitle ,., INS.URANC!! CORf'ORATION ALTA ENDORSEMENT-FORM 13 ATTACHED TO OWNER'S POUCY NO. \(\ Ill J O'l1' ISSUED BY Lawyers Title Insurance Corporation 1, Ar; used In thiS endorsement, the following terms shall mean: fi!I 018/021 a. "Evicted' or 'Eviction•: (a) the lawful deprivation, in whole or in part, of the rtght of possession insured by this policy, contrery to the terms of the Lease or (b) the lawful prevention of the use of the land or the Tenant Leasehold Improvements for the purposes permitted by the Lease, in either case, as a result of a matter covered by th IS policy, b. 'Lease': the tease agreement described In Schedule A, c, "Leasehold Estate·: the right of possession for the Lease Term. d. "Lease Term': the duration of the Leasehold Estate, including any renewal or extended term if a valid option to renew or extend is contained in the Lease. e, 'Personal Property': Chattels located on the land and property whicti, because of their character and manner of afflxatlon to the land, can be severed from the land without causing appreciable damage to themselves or to the land to which they are affixed. f. 'Remaining Lease Term•: the portion of the Lease Term remaining after the insured has been Evicted as a result of a matter covered by this policy. g. •Tenant Leasehold Improvements•: Those Improvements, Including landscaping, required or permitted to ba built on the land by th1 Laace that hava bean built at the lnsured's expense or In which the insured has an lnter85t greater than the right to possl!Sslon during the Lease Term. 2. The provisions of subsection {b} of Section 7 of the Conditions and Stipulations shall not apply to any Leasehold Estate covered by this policy. 3. Valuation of Estate or Interest Insured If, in c;omputlng loss or damage, It becomes n~sary to value the e,;t;ita or Interests of the Insured a, the result of a covered matter that results In an Eviction, then that value shall consist of the value ror the Remaining Lease Term of the Leasehold estate and any Tenant Leasehold Improvements existing on the date of the Eviction. The insured dalmant shall have the right to have the Leasehold Estate and the Tenant Leasehold Improvements valued either as a whole or separately. In either event, this determination of value shall take Into account rent no longer required to be paid fur the Remaining Lease Term. 4. Additional items of loss covered by this endorsement: If the Insured Is Evicted, the following Items of loss, If appllcable, shall be Included In computing loss or damage incurred by the insured, but m,t to the extent that the same are lnduded in the valuation of the estates or interests Insured by this policy. a. The reasonable cost of removing and relocating any Personal Property that the Insured has the right to remove and relocate, situated on the land at the time or Eviction, the cost of transportation of that Personal Property for the Initial one hundred mttes lncu~d In ALTA Form 13 -Leasehold -Owners (Revised 10/13/01) 06/04/2009 OS:4S FAX 253 572 S400 LANDAM/RTC-COMMERCIAL ~017/021 connection with the relocation, and the reasonable wst or repalrtng the Personal Property damaged by reason of the removal and reloc;ation. b. Rent or damages tor use and occupancy of the land prtor to the Eviction which the Insured as owner of the Leasehold Estate Is obligated to pay to any person having paramount title to that of the lessor in the Lease. c. The amount of rent that, by the terms of the Lease, the insured must continue to pay to the lessor after Eviction with respect to the portion of the Leasehold Estate and Tenant Leasehold Improvements from whieh the Insured has been Evicted. d. The fair market value, at the time of the Eviction, of the estate or Interest of the Insured In any lease or sublease made by Tenant as lessor of all or part of the Leasehold Estate or the Tenant Leasehold. e. Damages that the Insured is obligated to pay to lessees or sublessees on account of the braach of any lease or sublease made by the Tenant as lessor of all or part of the Leasehold Estate or the Tenant Leasehold Improvements c;ioused by the Eviction f. Reasonable tosts Incurred by the insured to secure a replacement lec1sehold equivalent to the Leasehold estate. g. If Tenant Leasehold Improvements are not substantially completed at the time of Eviction, the actual cost Incurred by the Insured, Jess the salvage value, for the Tenant Leasehold Improvements up to the time of Eviction. Those costs lndude costs incurred to obtain land use, z.oning, bulldlng and oc:cupancy pennits, archltectural and engineering fees, ronstruction management fees, costs of environmental testing and reviews, landscaping costs. This endorsement Is Issued as part of the poli<:y. Except as It exprassly stati!$, It doe& not (i) modify any of the terms and provisions of the policy, (II) modify any prior endorsements, (iii) extend the Date of Polley, or (iv) Increase the Amount of In.ouranc:e. To the extent a provision of the policy or a previous endorsement I• inconsistent with an expre5S provision of this endorsem@nt, this endorsement controls. Otherwise, this endorsement is subject to all ot the terms and provisions ot the poflcy and of any prior endorHments. ALTA Form 13 -Leasehold -Owners (Revised 10/13/01) 06/04/2009 09:49 FAK 253 572 9400 LANOAM/RTC-COMMERCIAL ~018/021 ~ ............ Order No.: 11551313 .e ~rsTitle !.II' INSURANCE CORPORATION OWNER'S POI.ICY OF Trn.E INSURANCE SUBJECT 10 THE EXD.1JSIONS l'ROM COVERAG!:, THE EXCE!"TlONS PROM COVERAGE CONTAINeD IN SCHeDUI.E B AND THE CONDITTONS AND STIPULATIONS, Lawyono Title IIIOW'llnco Corporation, a Nebraska c:orporatlon, herein callad the Company, Insures, as of Date of Polley st,own In SChedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustalna<l or Incurred by the Insured by reason of: 1. Title to the esme or lntere5t described In Schedule A being vestad othGf' Chan as stated thertlln; 2. My defect in or lier, 01" encumbram:e on the t:ltle; 3. UnmorlcetablNty of the title; 4. Ulck of a right of access ta and from the land. The Company will .i.., pay the cos~ attomeys' fees and exp..,.., Incurred In defense of the title, M Insured, but only to the extent f)fG>ided In the o,ndltlons and SUpulatlons, LAWYERS llll~ INSURANCE CO lll'OAATION EXCLUSIONS PROM COVERAGli The lollowlng matters are expressly oxduded from the C<!Verage or thlt policy and the Company will not pay lou or damage, coots, attorneys' ,ees or expenses whk:h arise by reason of: l, (a) Arrt law, ordlnanca or govemm,ntol regulation (Including but not Umlted to building and zoning laws, ordinances, or regulations) -ng, regulating, prohlbl~ng or rel.Ung to (i) the oa:upancy, use or enjoyment af the l•nd; {ii) the character, dlmen51ons Gt' lac:a-of any imp(OVement now or hereafter erected on the land; (Iii) a separatlOn In owner,,hlp or a change in the dimensions or area o,the land or any parcel of which the land Js or was a part; or (iv) envh·onmental protection, or the affect of anv violation of the5e laws, ordinances or aovemmentill regulations, except to the extent that a notice of the enforcement thereof' or a l'lOtlce of a d@~ct, Hen or encumbrance r.sul~ng from a violation Gt' allege<! violation ~Clfng the land has tu,en recorded in the public records at Date or PoUcy. (b) AnY govemmental police power not exd\lded by {a) above, except II> the extent that a notice of the ~" thereof or a no-of a defect, lien or encumbrance resu!Hng from a violation or alleged violation alr«ting the land has been recorded In !he public: records at Date of Poli<y. 2. Rlght!a of eminent domoln unless notice of the ""erc:lse thereof hu been recon:led In the pullllc racords at Date of Policy, but not .,.eluding from coverage any taking whk:h hH o=mod prior to Date of POiiey which would be binding on the rights of a purchaser for value w!Chout knoWledge. 3. Defects, Hens~ vnc:umbrances, adverse dalm!l: or ather m~ (a) crearm, sulfenld, ass.u,,ed or agreed to by tl>e ln$unld cllllmont; (b) not known to the Company, not recorded In the public recard• at Date of Pof,cy, but known to the Insured claimant am! not dl$doHd In writing to the Company by tho inoured daimont prior to the da!IO the IMured claimant becam• an Insured under this pcficy; (cl resulijng In no -or damage to the Insured da1man1; (d) attaching or aeated subsequent to Date of PoUc:y; or (e) resulting In loss or damage which would not have been sustained If the lnS<lred daim,,nt had paid value for the estale or lnterut insured by this policy, 4, Any dolm, which ariSes out of the tran~(!lon vesMng In the inaurad the .. tate or lnlErEst Insured by ,111,; policy, by reason or u., operation of federal bankn.Jptcy, state insolvency, or slmller credilz:mi' rights Jaws, that fs based on: (i) the trensactlon <rfftinl) the estate or i-Insured by this f'Olicy being deemed a fl'iludulent co......,.,ance or fraudulent tnmsrer; or (ii) the \ra0$,lc:tlon creaUng tho estate or 1n,.,..t insured by this pollcv being deemed • preterendal transfer except whe<e the prere .. ntial transfer results rrom the lail11te: · (a) to timely record the Instrument of tnonsre,; or (b) of such ~rdltlon co Impart notice to a p1.1rchese:r for value or ii judgrMnt or lien creditor. ALTA owner's POiicy 1992 (Revised 10/17/92) Valid Only If Schedules A and B are Attached 06/04/2009 09:50 FAX 253 572 9400 LANDAM/RTC-COMMERCIAL ~019/021 Order No,: 11551313 ..... ,..,. ...... ,...· CONDITIONS AND STIPULATIONS 1, DEFINMON OP TERMS tne roitowll'lg terms wh¢n used 1n tl'l1S 0011ey mean: (.a) "lnsuredu: the Insured named Jn Schecklle. A, MM:I, sub Jed: to •nv rights or clefenses tl'lt compeny WQUfd have hild against the named lnwl"IW, th~ who .Ul;Qi!~ tg the lntere5t of the named httun!u1 by opfll"&Hon cf law H dl:st:fnguld'led frOtn purd,ase lndud1ng, but flOt llmlte:d ta, helni, dtstrtbutees, d*'l!H:et, $UrvlWTS4 perunal ~~tatlve5, next of kin, ar c;:o,porqte or fiduciary 51,.1o;e550f?j. (b) ~ltUUrcd dalmant"; an lnsored dalmlng loss ot d'amage:. (c) "lcnOwl•dge" or "known": ar:tual knowledge, not t:Onstr\Jctlve knowledge or notice whldl may be Imputed to an Insured by r"eaSOn Of l:tle: publlc reccn:ri ~ ~ntd In thl!t pc,11~ nr •nv other records whlctl impart conacructlve noace of matters aff@mng the tand. (d) "fond': lhe land dacrlbed o, --to In Schedule (A), and Improvements 11'1b:ed tnereto Which by law constitute real property. Tho term 'land' does not locludo any property beyond ~e Ines of tnt area d~bed or ~ tti In Schedule (A), nor any rtgh~ title, Interest, 6tate: or easement In a~n9 streets.. roittls, avenues, alleys, lanes,. ways or wateiways, but nothing herein shaJI mocutv DI' Jlmlt the l!l(tem to wnlcl1 o rlght or ac:ces,; to and from the land ls Insured by thl.O policy. Ce) •,ncrcgage": rncrtgage.. deed of trust, trust deed, or ctner sem"tty lnstrumant. (f) •public: records": record, estlbllshecl under state :atatute1 at Date of Pollc.y ror the pl.Wpose of Imparting constn.ldfve notice: or Mitt.I'll relatlng to real property to ptlml4l$el'$ for viiil~ ,net V<llhout l<nowledge. With respect to Section l(a) (Iv) of the EKdusrons From covetage, "putlllc r.Q)rd$" w!Uill t1li0 lndudli environmental protettlon Hens flied In the records af the derk of the Ut>l!IO $ti~ OIStri<t eou<t for tho district In which the land Is located. (g) "Uttm•l"Qbblllty Qf the Qtle": an aBegeQ or apparent m11~ atrectlng the tltlll to U'lil! !and, not e)((J1.1ded or exClilpted rrom coverage, whkh would entltle a purdulser ot tM. ~U!! at lnt:e..e:,t ducrlbed lri Sthed,dc A to be relNNd rrom Uie ob)lgatlon to plJl'ChaSe .bV vlrtu!: af a ~ctwl COCldltlon requlr!ng the dellvery of marketable tide. 2. COHTINUATI"DH OP INSURANCS AFTER CONVEYANCE OF TITLE The c:ovvage of t:hts i,oncv shall continoe In roree as of o.te of Policy i1'I flavor of .an ln51,1red only .so long e, the lnsured retalfll en cltltcl or lntereSC In the land 1 or holdS an 1ndetitedness .H:CI.Jl'Al:I bV a purcnase money mort;age given by a putth.Utr frOl'l'I. the Insur.cl, ar onfy so Jon" • 1he Insured smu hive llabUtty by ruaon of c:ovenants of wlll'l'lnty made by ~ Jnsurm In any transfer or 1;Dnveyanc:e or tho ntlte or lntl1rest. ihl5 pgUc;y 5hi111 riot corttlnue In force In tavot of any purd'IMltr' from the Insured ar althal' (Q an ettate: or lntlm:K 111 the land, or (II) an lnclebtednus sewred by a purchase money mortgaga glVen to the lnSl.ir'td, 3. NOTICE OF CLAIM TO U GIVEN SY INSURED a.AIMANT The Insured 5holl no~fy the Company p,ompdy In wrl~ng (l) ln u.,, rt any btlgal:k>n •• ... rorth 1n S.ctlon 4(o) below. (U) In caso knowledge shall come to an losured hereunder Q( any daJm ot tltle ot lntete::st: whk:h Is adverse to the tttlt to the astate or lnterwt, .s Insured, and which mlgl>t cause lois or damage for which the Company mav l>I UHi• by Virtue o, this pollq, or (Ill) If' ttae to the ettate or Interest, u Insured, ls ~tcted a, unmarlaabl•. Ir pn;,mpc noace fihall not be given to tM: Company. then 11 to the Insured all llllblH!.'/ or the Company shall tennlnate: with regard W the miltter or matmrs for which prompt notlCe Is required; provldad, however, that l'atlure ta notify the Company 5hiiill In no case prwJtJdJce the r1ghbi of ilfl)' ln5Ured under trns policy unless tne Company shall be preJud1cod by 11>1 failure ""' thoo only to the extent ol the prejudice. 4, DEFENSE AND PROSECUTION OP ACT10NS; DUTY OI' INSUREO Ct.AIMANT TO COOPERATE (a) Upon "11tt"1 raquest; bv the Insured and subject to the op!IOM i.orulned In Semon 6 of these COttdltTons ind stlpulattons, thl: company, at Its own co5t and w1thout unreasonable dllay, •hall pn,vkle lor the dofctlso of an insured In U~gotlon In wnlch any tNrd party IShrt:$ , diilm 1dvern: to the tltle or lnr.erat as Insured, b\lC' o"IY as to thoie stated cautd of ilttlorl allegtng a defc¢, llen or ~mtnnce or oth..-m,u.r lflsul'9d against oy !hl• po11ey. Tho company shaN have the ngllt to Hllct counsel of Its dlolce (subJea to the r,gnt or t11e Insure<! to obJec:t: tor reasonable cause) to n1preNr1t 1Jut hlsured as to tnose ~ '41U5e5 of action and shall not be Hable fOr and ALTA Owner's POiicy 1992 (Revised 10/17/92) will ncit pay the fees of any other C:OUflsel. The company will not pay any tees, coses or ftXp@ni!iet. lnrucre(I by the Insured In the defense of tt,osa CilUAS or ac=lon whtdi allege matters not Insured by tt\15 POiiey. (b) Thi: Company shall 1u.1ve the tight, at Its tlVUTI c;g"-to lnilltute and prosecute :any acdo11 or proceeding ot to do any other act whleh: In ltS opinion may be nece5Hry or deslf'ilble to estabnsn the tftle to the estate or Interest, a.s Insured, ar to prevent or rem.ice loss or damage to !ti@ 11·tmred. 'Tlle Company may t.ake i'!lny apr;,~prt;pte action urtder the terms of this poaey, whether or not tt shall be Uabh: hea-eunder-1 md !iihall oot ttlereby c:onceCle llablllty or waive arty provlsJoo of this polley. If tne Cornpany lhall exardse lta rights under tl"lla parf:gOSiph, It "1all do so amg-ent1y. (,:) Whenever th& O)mJl8ny shall have brvugllt an itd:lan or lnterpoNd I Cleftlru-.a as requlroed or Jleffl'Um!d. by the prvvlstons of thlS policy, tne company may pursue -,y lltl~atlo• to no.i dotennlnatlon by • murt rt competent Jurm;lld:ion and expressrv reserves th1 right, In Its sole dt,cretton, 'Q:I appul rrom any adverse Judgment 0t or-crer. (d) In all ~l!!i where thh• pollc:y per~ts or requltel tht com~l'AY to proseaJte or provide for tt'I~ defense of any action or praeell!dtng, the lnam,cl stltU secure to the: c.omrianv the right to so prosecutt or pl'(JVld@ del'el\$8 lo the action or proceeding, and all i11ue1Ii therel11,, alld permit the company to use. at Its ogtkJn, the name Gt \J\e Insured foir th[s purpose. WhenlVet raql.le5te.:I by the C01llpi;11rty, the tn!M"ed, at the 0Jmpany11 expense, sh1N give the Company Ill l'Htonable tld (I) In any action cit ptoettdlng, sewrlrig evidence, obtaining w11:ruattes, proSIKUtffl!l or defend!ng tile action or pl'QCffdlrigr ar effec.tjng settlement, and (II} Jn any ottler lawful act which In the opti,f(ll'I er tlie Company may be necessary or desirable to establlsh the title to the. estate or Interest as Insured. JI tha company Is preJudlcad by the !'allure of tn• insured to hlmlsh the raqu1reo 1;t10peratlon, the Company's obllgattons to tf\e Insured under the ~OIICV sl>all terminate, lndudlng any llab1Ur.y or 0011gauco to defend, prosecute, OI' continue any Uttgiltlan, wtth regard to tne matter or imttters ~ulrJng such cooperacioo. 5, PROOF OP L0ss OR DAMAGE In addition to and after the notl<:a required under :ie.;tion 3 ot ~ Conditions and StlPl,llatlons hilve bec:n provided me O::.mpany, , riroor Of loss or ct,in,ag1 llgntd and swam to by tl'le lnsURd dalmant sttall be fUmlshed to me com pilny wtthln 90 days after tl'le lnsu!'ed dllmant shall ascertain the f""s 91V"'9 rl.!lei to tne loss or demage. The prgof or loss cir damage shall daacrtbe th& defect tn, or lien or ena.unbnlnce on th• tlth11, or Qtfler ~ insured against tiv this polky wh:ld'I can$1;it1.1tes tile basis at loss ot-damage ilnd &hall stmt, to ttle extent poarcle, tne. bUls at QIIIQ.tlat1ng the amount of the 1055 or dilmage. U the Company Is prejudiced try th• ~llure of the lnSVr"eCI dalment to provide the required proof of loss or damage, the Company's ollllga~on• b> the ln>llre<I unoer tile policy shall terminate, lndUdlng any Hablllty or obllii9adon to de/end, proseeutt, or continue any littgatlon, with ng1n::1 to tne ~tter or 1nalters rfll1Ulrlng $UCh proof of toss or dilm1ue. In addition, the Insured -claimant may rea51;1ni1bly be required to 5UbmJt to examination uncaer aatl'I by any 11uthortzed represantattve of the comi:iany and "1,11 pnxluai for examlnat&on, lnsl)e(tlon ilncl eao)'lno, at ,uc;h reasonable tlmH and pla~ ii;'IS may be: deslgnawt by any authorized ~ « ctwt Company, all rt.con;ls, books, ledgers, chackir torre5J>Df1denco and memoranda, whether bearing a aate befor9 or after Date or Palley, which rv:a.sonably pertain to t:hf, IOU: or damage. Further, If' reque,ted by llny aUIJlor1zec1 re.p.-...nta~v. or the campany, the lnwred dalmant .sti,1111 gfilnt Its perm1s1s:1on, lti. writing, tor any authorized '"""'""'111'""' al th• cam~any to ... m1no. ln!IP<e' ao<1 copy au records, bOol<SI letlgers, checks, correspondence ,od memoranda In the custody or conb'GI af a tnlrtl Qarty, which reasonaDJy pertarn to the loss ot damage. All lntormauon designated as confldenaal bV me losurecl chllm81\l: pmvlded to the Company pursuant to this SO<don shllll not be dtsctosed to others tJnlt:ss-, In toe rea50f1ilble Judgment Of the Company, It lS n«$S5ary In the admlnastratlon of the claim. Failure of thv lni\lrw:1 dalmant ta s!Jbmlt ror-e,camlnatlon under oath, prodt.1QI other reasonal)ly requested Jntormanan or grant permission to ecuta rosonabfy ,,_...ry 1ororm1u"" from thlrd parties II reqult8o In this poragn,ph 1hall "'nnlnate ony UabMlty ol the c_.ny u'1Cfer this pcllc:y as to that ctelm, I. OPTIONS TO PAY OR OTHEtlWlSE SETTLE CLUMS: TERMINAilON OF UABJUTY In ease of a cJGlm under thi'i pol~, the Co1I1pany shall have the following add1aonal OPIIOnG: 06/04/2009 09:50 FAX 253 572 9400 LANOAM/RTC-COMMERCIAL [ilJ020/021 Order No.: 11551313 .......... ~ CONDmONS AND STIPUlAnONS (continued) (1) To Pay or Tender Payment Of the Amount ar Insurance under this potlcy togath@r' with any costs, 21ttomev.f' 1':a ind expenses Jru;urred by the lnsW"@(I' Claimant, which were authonzed by the Compar1y, up to the nme Of ~nlli:flt or tender of payment and whld"J tne Cotna;iilny 11 obNgated to pay. upon tnl!! ~se by the: Company Of this option, 111 llabthty iiind obllgat1ons to the lnSured untlerlhls poUcy, otnerthilfl ttJ mala!! tht ~t required, shall terminate, lndudlng any QabUJty or obllgaaon ta Clefer'ld, prvsec:ute, Ct' tontlnue ilnY Atigatlan, eind tt,i: pollcy shall bt CUrrend'ered ta tlie Company ftn· CilnCeUat:1011. (b) To Pav or Otherwise settle With Partles Other than !he 11\Surecl or With the Insured Oalmant. (I) to p1y or otherwtse settle Mth other patties fOr or fn tile name 11;1F .., lnsurwd d111mant any dalm lns~ against undtr this polley, tcOlthar with any costs, lttOr'IWIVS' fffs and expGn11Q lnC,.IITlld by the lnlUl"ed dalrrnmt whk:h were outllotlzed I>'( the Compooy np to the ~me al' payment and wnldl tile Company IS ol>ligabad to pay; or (ii) to pay ar otherwise Httle with the Insured datmant the loss or damage provided for under thl$ policy, together with ilOY costs, attorney,' reu and expenses lncum:d by tN! JMured d~mant wh1Ch we-e eu.rtt,orlzed by ttie: Company up, to tne tame or payment and which the O>mPanv 1, obligated tc pay, upon the exercse by tne c.ompany of either or the optlOM PnJvldec:I rgr Jn pin&;raphs(b}, (I) ar (II), tho Company's abllgilttOJ11 to VMS ln1urac1 under tnlS i;,Ollcy for the cl1Unf!Cf I0$5: or damage:, other than the p1yments requrred ta be mtdlr 1'1111 terminate, JnducD"9 1ny UabJJtty or obllgatlon ta defend, prosecute or" conttnu.e any lltlgatlOn. 7, o..--:nu.noN, ElCtENT o, UlllLITY AND COINSURANCI! nits J)OPcy ls a contract or lnd'emnlty agalmt actual monetary loss or damage sustalntd or fl"IQ.lrr"led by the ll\5\.lf'ed d1lmant wha ha$ :ruffilred 1055 or damage by teil$0n tTf matters Insured i1Qilll"l51: by this oolley and only to tho e><tent heroin ......,...,. (a) The llithlllty of tM. Comp;;i11y under this policy .sh~II f'Ot exceed the: Jaast af: (I) the Amount of It'IStl"'nce stated In SCheC1ule1 A; or, (II) trie ~tffenmce between me iralr.Je of the lnslltt<I estate or Interest as IJlSUrecl lfld the value. of the losurecl estate or Interest subJec:t: to the dafad:, lien Cr' et1Q.1nlbr1u1ce Insured aga-by 11111 poucy. (b) lrt the event tile AmoUnt of '"'"''"lCI stated In SC111\1ulo A •• the Oatr: al Poney Is less than BO pen::ent of the value at the ~ ublte or lntlrast or tti, rull conildention ""Id ror the land, Whie'1ever Is luo, or It su~ 1D the 011.e ot Poncy an improvement IS ered::ad 011 tt,e land whlcn ll'lm!il5e5 ttte value of me Insured t:5t.te or lnterffl by ~ leNt 20 percent m-er the Amount of lnfitJl'iVlce 5Ulted In Scnedull!: A, then this POIIC)' .. suOJed; to the follDW1ng: . (I) where no subaet4uent J,nprovement has been made as to any i;iiirtl;il less, t:t,e company 5hall only pay the IMs pro ma Jn the proportlOf'l that the: amount or tnsurance at Date of Polley buts tc the tolol VIIUO ol !h• ln..,rcd estate ot lnb!reStat Oate ot Polley: or (JI) wnen, a subHquont Improvement has been mlldo, as to any pofflal lose, th• Company shall only PtV tile loss pro rata in tho proportion tnat 120 ,,.reon1: ol the IUIIOUnJ; ot lraurance lt.ltad In Sdtedule A beatt b;t ttie sum ot the At'I\Ount or lo5Uranee Dttd In khedule A anfil the 1n"101.1nt ,expended ror the lmpravement. The provtlilons: ti tfll& paragraph shall not apply to costr, attomeys' fee!' and exs,ensu ror WNCh the Company IS Jlal)fe under this poltey, and """ only app1y ,:., \noe portion ot ""Y 1 ... whldl ex<tt<!S, In \ne aggregate, 10 pon:ent ot th<! ,..,ount al' Insurance stated In Sdledule A. (c) The a:unpany wlll pay only th0$$ ~, attome.ys' fees and expellieS Incurred 1n ac;i;ordlmce With sewon 4 or these C:OndJtlOnS and StlpulilQons. 8. APPORTlOIIUIEl'IT 11 lite land daicrlbed In Sdladule A con~$bi of two. or more 119rcds which 1n1 not used as a stngae site~ ind' a loss IS ut.at:11Ished ilffe<Jlng one or more or the parcels but not all, tht !Qts shall be computtd and settled on a ?l'Q lllt:i bNls as It the amount of lnsuAnca under this policy wu dMded pro raos as to the vittue an Dll'e or Policy of each separate parcel to the whol1, axdl,lilvt or any 1mproyeinent1 made subsequent to Oate ol POiie,, unles, 1 llablUty or value h,s otherwise been~ upon as to each pa~ by thll! ~ and th1 Insured ilt the time. ot ttte tnuan.:e ot thfl i,oucv encl shown by an express statement: or by in elldarsetnent ottadted to thlS pauov. 9. UMITAT.ION OF UA81UTY ALTA owner's Polley 1992 (Revised 10/17/92) (a) If tl'II! Company eSU!.bllshes the tltle, or removes ttie alleged defea;, llen Or' en0,11nbr111Ce, or CW'l!S the lack of a right of acaH to or troni the hind, er curu-the ctmm ~ unmlrketlllblllt'f af tltle. ;;ill as ins~ In a reasonably dlDgent manner bv any method, 1ndudlng lltlganon and the complettcm ot any appeals therefrom, It ShJII liilve fully performed ltS abUgattons wrth ~ect to that mattt:r ,and 5haU not be Uable for any loss ordamaoe: caused tllerebv, (b) In the event of ar1y lltlgatlon, Jndudlng lltfgatlan b't thv Company or with ttm company'5 consent, tne: Company shall have no llab1Uey ror ross or damage until there has b1111 a ~I determl11atton by a murt of cornpttGnt jurfsdk:l:lon, a"d drspos1t1on cif 111 1ppeel1 the,..rn;im, advet1e to the ~tie u ln<un,a. (c) The Company shall 11ot be lllbfe for loss or d'am,ge to any 1nsun1d ror flablllty VOluntanly assumed by tho u,a,ncJ 1n Nttllng any 1:i.1m or sun: without the PrlOt Wtftten c:onsent of the Company. 1Da REDucnoN OF INSUIL\NCE"; REDUCTION OR TERMIN4TION OF LIAIIIUTY >.fl paymentl unaer tills r,o11cy, except p;;ayments-made l'Or cost!, attDffleVS" tees 1nd expenses, :;natl reduce the 1mcu11t of ttlt lnsutance pro tanto. U. LIAIIILITY NONCUMUlATlVE lt Is exprusty und/ffStOOd that the amount of ln~Uf'i'!lnce 1.1ndet ,ms poncy :MIJO be reduced by any amount the: campilny may pay undirr any poUcy Insuring a mortg1ge to which exception Is taken 111 Schedule B or to whldl thit Insured has agreed~ assumed, ar taker! iUbject, or w/'lk:h 15 l'lerearter execurea bV on Insured and wtllch Js a c:harQe or Uen on thl!I estata or Interest desalbad' or refem=d ta In Sthedule A, and tna iilllOUnt so ,,.rd shall ~ deemed a P•vment under thla policy to tho IOSIJ.-ed ownor. lZ. PAYIUNT OP LOU (a) No payment shall be made Without producrng thl5 polfq for entlOl'$ement of the p.tyment unless the pollcv has been lost or destroyed, 1n whldl case proor Of 1055 er destruction shall be tum1sl'Jed to the sattsractlon or the Company. (bl When llablflty and the extent ot -or ••mage his boon d•flnltelv n,ced In -with ll1ese Conditions ond Stlpulaf:lons, the loss or damage shall bt!! l)aye.ble within 30 ~Y• ttnorealto.-. 13, SUIROGAT.ION UPON PAYMl!NT OR SITTLIMl!NT (aJ The ComP11nr'• Right or Subrogation. Whenevr th, Company shalf hilve Httled and p11ld • dalm uno.,- thls pollO'f, ill n11ht or aut>rogltlon mall v .. , In the Company unafl'«ted by any act of tne. Insured c:lalmant.. Ttui' Company lhlll bt a,Pf"Oiated to ,n~ be entttted to 11 rights ~ntl remedies whk;h the Jnwred daJmarit would n.ave had against any person or property 1n ~ to the dalm ~ this polley not been Issued. tr requested by ttle COrrtpany, the ln:rured claimant &hall transfer to the Company all 119hts arKI remedies ag~ln:it any petSOn or JRperty oewssary In order Ea perf!ct Chli r1ght or ~atlon. lhe Insured dalmilnt shaH permit the Company to sue. compromlSe or Hale In tha name ot the Insured c1a1m;a1nt ilntl to ue the n1me of tne Insured ctatmant In any b"ansacUon or lltlgatlor, Jnvolvlng theA rtghlS or n1medles. If a payment on .ccourtt or a dalm doe:ii not f'ulfy cover the los1 of ttle 1nsuract claimant, th1 CornpJr,y shall ba SUbrvpted to tnase rights and rtmedles In the proportton which the COmpany<.s payment bears-to the whole amourlt of tne IMS. If -should resuk from any act of the Jn111r-.d dalmant, as - above, tl'lat a'1i shall not void this policy, biA U,e Company, IJ1 that event. shall ba required tn pay only toat part of any losses lnsul'l!d aoalnst by this pollcy wtllth 511a!I exceed the amount, It any, lost to the eon,pany by l't!MOn of the Impairment by the: IMured d~mant ot the companys right or subrogation. (b) The company's Rights AQalnot Non·1nsuN!d Obllgors. The company's rfght: of s~lbroganan ag~ll15t nan-Insured obllgors shalr exist and sna11 lndude, wlthaut nrnttatron, me rtghts of the Insured ,:., 1n,s...,n1ues, guarantte,, olher polld•s of 1nsuranto or bonds, notwithstanding any terms al' eotldlttons contalt\etl 1ft those Instrument. which provldo for subrogatton nghts by ......,... or thlll poflcy. 06/04/2009 09:51 FAX 258 572 9400 LANOAM/RTC-COMMERCIAL ~ ·~_ .. CONDITIONS AND STIPULATIONS {Continued) 14. AABITRAffON Un!Us prqhlblted by aJ;1plJ~bl1 law, either tile Company or the Insured may demand arbltraUon pu1"SU1nt ta the Tltle Insurance: Arbitration Rules ol the American At'Oltrath:m Aisodatrcn. Arblb"ilible mattws mav lRdl.fde, but are not limlted to any controversy or claim between tho Compan~ and the Insured arlllng out or or re1at1ng to thlS ?Otley, anv servit:e. of the Company 111 connection 'Nil:n Its Issuance or tf'IIQ breach or a polley provf51on or other ab119.at:1on. All attiitrable matters when the Amount of' rnsura:nce Is $1,000,000 ar leSS" 5hall be amltrated ;at the option or either the C.Omt,iany or the lnll.Jrtd. All arbltrablt matters: wtMn the Amount Of Insurance II In ~ or ,1,000,000 Shall be ari>IO'ate<I only when ag,...., to '>Y boll, the ~Y ond tho INIJl'8d. Artltritlon pursuant kl this polley ltld under the Rlll4$ In effKt on the dltl thll dem11r1d ror arbitration Is made or, at ~ 011tton of the Insured, tho Rules rn elloct at om or Polley $h•U be blndlnG upon the oames. Tne awan:1 m,v lndude attorneys' fees only IP the i.ws of the stat. ,n ~eh the land la Joc:awcl permit a c:oort ta ~will'd attome'(t' fees to a preyalllng party. Judgment upon the awar'd rendered by tl'lt Art>ltratar(sJ may be ..,!!red In •nv "'""" having Jur1J<ll<tlon ""''"°'· TlNil law ot the Situ~ o1 the Jantl ~illl appty to an atbltratton under the TI!lt. lnwfilixe Arbltnnfon Rules. /1 copy Of the Rules may be abtttnccl from the CompiilnV upon request. 15. UABnnY UMrreD TO THIS POUlaYJ POUCY •NTIIU: CONlRACT (a) Thll policy tngether with au endorsements, If any. iilttiched hereto by the Comp~my Is the entire poflCV and contract between t111: lrl5UJG and ffifl Cornpeny. rn ll"ltGrpretlng any provlelari or this polley, this policy .sna11 be construttl as a whole, (b) Any claim ot IOIS ar damage, wt'letnar or not based an oegl/Qlen01!, and which arta, wt Qf tile status Of the tide to tl'le state or 1nterut: covered hereby or by any aaton: i!1$5E!tttng 5'JCh dalmr .stiaM be restrleb!d to this polfCV, (c) No amendment of or endOrtamtot tg this pollcy Cill1 be made axe.wt by II wr1tlng .ndorsed hereiet1 or attached hereto lllgne:f by either the Presratnt, • vice """"den~ the Seo,,t,ry, an ASsbitil11t" Secretary, or vi!ldatlng ftffker or ,authQrlzecl ~Qllltoo'\I or the Company. 16. Sl!VOAIIJ:LllY ln the event any provlSJon of the polley li held 1nvalld or U""'1fvfcoable under applicable law, Che poll<)' shah be llumod not to lndtJde: that provision anct an other prcMSial'W -.111 remain In full force ond olTect. 17. t40ffCU, WHl!RE SENT All not!CtS required to be: given th• Company Ind 1ny searament In wrltlno ntQutrtd to be tum!Shed the aunpany shall Include U\e number Of this policy Md "1all be addressed '" t4nsumer All'aln; Departrnen<, P.O. 80X 45023, Jad<sonvUIO, Fl 32232-5023. ALTA Owners Polley 1992 (Revised 10/17/92) laJ021/021 Order No.: 11551313 l l • ' ~..._-.::..:i:::s .. -~-=------------------------- CERTIFICATE I, the 1:c. : :r>igned, ~'I CleB of the City of f-~aton, w~sl:ington, certify that this is a true and correct copy of /. Subscribed and Seal CITY OF RENTON, WASHINGTON ORDrNANCB NO. 4612 AN ORDDO.lfCE OF TIIB CITY OF RENT01f, lfASRilllGTOIJ, ESTAllLISHINQ AN ASSESSKBNT DISTRI:CT FOR SAJIITARY SRWKR SXRVICE DI A PORTIOIJ OF TEE SOUTH IUGIILANDS, l!XATHKR DON:tlS, A11D MAPLEWOOD SUB-BASINS AND ESTABLISBDIG TEE AMOORT OF THE CHARGE UP01' CONNECTION TO THE FACILITIES. THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, IX) ORDAIN A5 FOLLOWS: SECTION l. There is hereby created a Sanitary Sewer Service Special Assessment District for the area served by the Bast Renton Sanitary Sewer Interceptor in the northeast quadrant or the City of Renton and a portion of its urban growtn area within unincorporated King Countyi which area is more particularly described in Exhibit "A" attached hereto" A map or the service area is attached. as Exhibit "B."' Toe recording ot t.his document is to provide notification of potential connection and interest cnarges. While this connection charge may be paid at any time, the . Cicy does not require payment until such time as the parcel is connected to and 1:nus benefiting from the sewer facilities. The property may be sold or in any other way change hands without triggering the requirement, by the City, of payment of the charges associated with this district . SECTION rr. Persons connect:ing to the sanitary sewer, facilities in this Special Assessment District and which properties ---" ! i ,::: ~ g 'I: "~ ~ i ~ ~ ii lit 8 " c· i'i • "( ' ' ~ f g l 1 , ' ' I I I I ! • \ .l 1 ORDINANCE 4 6 12 have not been charged or assessed with all costs of the East Renton Sanit.ary Sewer Interceptor, as detailed in this ordinance, shall pay, in addition to the payment of the connection permit fee and in addition to the system development charge, the following additional fees, A. Per unit Charge. New connections of residential dwelling units or equivalents shall pay a fee of $224.52 per dwelling unit and all other uses shall pay a unit charge of $0. 069 per square foot: of property. Those properties included within this special Assessment District and which may be assessed a charge thereunder are included within the boundary legally described in Exhibit "A" and which boundary is shown on the 'm,;.p attached as BXhibit nB. • SECTION XIL_ In addition to. the aforestated charges, there shall be a charge of 4.11% per annum added to the Per Unit Charge. The interest charge shall accrue for no more than ten (10) years from the date this ordinance becomes effective. will be simple interest and not compound interest. Interest charges SECTION 1Y... This ordinance shall be etfective upon its passage, approval, and thirty (30) days after publication'. PASSED BY THE CITY COUNCIL this lQJ;h day of _ _,.Jc,,un...,.e,__ __ _,_,_ 1996. Clerk 2 i , ' • ~ ~ f • i • I i I I i j I I ' ORDINANCE 4612 APPROVED BY THE MAYOR this 10th day of June 1996. a ___ --.:7~ ~ner, Mayor Appro~as t.o form: _ c:J:~~"T" ... 12·- ---Lawrence J. Warren, City Attorney Date of Publication: 6 /14/96 ORD.576:5/20/96:as. I I I I > • 3 l Exhibit A LEGAL DESCRIPTION OF THE SPECIAL ASSESSMENT DISTRICT FOR THE CITY OF RENTON -EAST RENTON INTERCEPTOR PortionsofSections8.9, lO. 11. 14.15.16.17.21 and22allinTownship23N, Range SE W.M. In King County. Washington Section 8, Township 23N, Range SE W .M. All of that portion of Section 8, Township 23N. Range 5E W.M. lying East of the East right-of-way line of SR-405 and South of the following descnbed Une: Beginning at the intersection of the East line of said Section 8 with the centerline of NE 7th Street; thence Westerly along said centerline of NE 7th Street to its Intersection with the centerline of Sunset Boulevard NE; thence Northerly along the centerline of Sunset Boulevard NE to the North line of the Southeast 'A of said Section 8: thence West along said North line to the East right-of-way line of SR-405 and the terminus of said line. Sectlon 9, Township 23N, Renge SE W.M. All of that portion of Section 9, Township 23N, Range SE W.M. lying South and East of the following described _line: Beginning on the centerline of NE 7th Street at its intersection with the centerline of Edmonds Avenue NE; thence Easterly along the centerline of NE 7th Street to Its intersection with the centerline of Monroe Avenue NE; thence North along said centerline to the South line of the Northeast 14 of said Section 9; thence East along said South line to Its Intersection with the centerline of Redmond Avenue NE; thence Northerly along said centerline to Its Intersection with the centerltne of NE I 0th Street; thence East along said centerline to the East line of said Section 9 and the terminus of said line. Section 10, Township 23N, Range 5E W.M. All of that portion of Section 10. Township 23N. Range 5E W.M. lying Southerly and Westerly of the following described line: Beginning on the West line of Section 10 at its intersection with the North line of the South \h of the North V., of said Section 10; thence East along said North line to Its Intersection with the centerline of 142nd Avenue SE; thence Southerly along said centerline to its intersection with the North llne of the Southeast V.. of said Section 10: thence East along said North line to Its intersection with the East line of said Section l O and the tennlnus of said line. i tegal Descripticm ef the Special Assessmetd District for the City of Renton -East Renton Interceptor Section 11, TownShip 23N, Range SE W.M. All of the South=st V.. of Sedfon 11. Township 23N. Range 5E W.M .. Section 14, Township 23N, Ran~ SE W.M. Page2of3 All of that portion of Section 14. Township 23N, Range 5E. W.M. described as follows: All of the Northwest 14 of said section, together with the Southwest V4 of said section. except the South 'h of the Southeast •;. of said Southwest \4 and except the plat of McIntire Homes!tes and 1h of streets adjacent as recorded in the Book of Plats. Volume 58, Page 82, Records of King County. Washington. and except the South 151.55 feet of the East 239.435 feet of Tract 6. Block 1 of Cedar River Five Acre Tracts as recorded in the Book of Plats. Volume 16. Page 52, Records of King County, Washington, less 'h of the street abutting said portion of Tract 6, Block l, and less Tract 6, Block 2 of said Cedar River Five Acre 1racts. less 'h of the street adjacent to said Tract 6, Block 2, and except the South 82.785 feet of the East 150 feet of Tract 5, Block 2 of said Cedar River Five Acre Tracts and less 'h the street adjacent to said portion of Tract 5. Block 2. secuon 15, Township 23N, Range 5E W.M. All of that portion of Section 15, Township 23N, Range SE. W.M., except the Southwest Y4 of the Southwest V4 of the Southwest V.. of said section. Section 16, Township 23N, Range SE W.M. All of that portion of Section 16, Township 2.1N. Range 5E W.M .. except that portion of the Southeast 11. of the Southeast 14 of the said Section 16 lying East of the East line of the Plat of Maplewood Division No. 2 as recorded in the Book of Plats Volume 39, page 39. &cords of King County Washington and its Northerly ~nsion to the North line of said Southeast V.. of the Southeast 14 of the said Section 16 and except U1at portion of said section lying Southerly o_f the Northerly right-of-way line of SR-169 (Maple Valley Highway). · Section 17, Township 23N, Ran~ SE W.M. All of that portion of Section 17. Township 23N, Range 5E W.M., lying Northeasterly of the Northeasterly right-of-way of SR-169 {Maple Valley Highway) and Easterly of the East right-of-way line of SR-405 less that portion lying generally West of the East and Soullieasterly llnc of Bronson Way NE lying Legal Description of the Special A=sment District for the City of Rmton -East Rmton lnterC£[Jtor Page 3 of3 between the South line of the NE 3rd Street and the Northeasterly margin of SR- 405. Section 21, Township 23N, Range 5E W.M. All that portiOn of Section 21, Township 23N, R SE W.M. lying Northeasterly of the Northeasterly right-of-way line of SR-169 (Maple Valley Highway) and West of the East line of the Plat of Maplewood Division No. 2 as recorded in the Book of Plats. volume 39. page 39. Records of King County, Washington. Section 22, Township 23N, Range SE W.M. All of that portion of Section 22. Township 23N, Range 5E W.M. described as follows: All of the Northwe.st 14 of the North .. __ast 11\ of said Section 22 lying Northerly of the Southerly line of the Plat of Maplewood Heights as recorded In the Book of Plats, volume 78, pages l through 4. Records of King County. Washington. Together with the North 227.11 feet of the \Vest 97.02 of the Northeast \4 of the Northeast 14 of saJd Section 22. I I ' ; 1 ' ; i ' ' I l I ' I i I I i Exhibit S EAST RENTON INTERCEPTOR Special Assessment District Boundary 1 :24,000 -------City limit> CZT..T.2::1 Speclci An.-.-t 0i,trict I j ! i ! I i • • I l I • i ' .-,.-,'k·1)••., ,.: ... ~~ ... . ,,_ ' ,~U f"w ... j'#;.f,,:«,J I;..._ t ,-.-,,.', ,,.itJ *H.J.hf 4 R, .\J . ,l-111.:..~ . . " ) -'I 1.. , i ~ ,,#f. '1llo,t .. ~!ii;, ·-·,.-., ... ""' ,· ;.,.~! ·-: ~ /, ,._ . .:.~-:.,..-.. ....,.__,,..,. __ ~ ...... .........; --~,--' .. ,\, t ,,_ I\,, ""' . • u: ·. 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Uu• ~wo.t1 ~::t ~u. ,ClllrJ.,. tJ'cm a.t:J \ll(' . ..-ui w. t.'SJl«-11' tOtt: Wd .i .. ~ ->tt..'"'A,. C<W1.:t.fin\;, 1~ Ws.! ti~it-1.:t.-s vt~ ;{¢Ju"/ t, ~t«, l*t\..f ct tt,,c,. •~ J*M'"t., ~ .. ~l'~r-.u~n..n :i.u-u,eu .l:ut-.,_ ,~~ ~ii~•11ff ~ e.01~.-.. ab•U ~ ht- n·c.f .. ,,,-i:.tr ~l&t~ n~t:"1"'1'-'4 in :,4'4 J)!;-t:,.) ti•~ MatM'ltltd ,.,. uy ~ v:.,.!~~' YiH ~t,M-~l" t".V~-1." ti:.~ 4~~~ >II' At:f la.ti( ff~ t.-Ollc"*lt-l-,) a_r-,:-1 'ti,:sU:H-b~ t.:u;·~W""w:;;-~J tMtvMlf';~ .lh t.ht· ~11:,-t,.,.tl:on:1 4:«ff-1¢1"6ta\.f u .. .;n..rtt~;"'' IJ.t.rl f"ii~bi. of \ht: q.;:N!.:i 611tl l-~, ..nf.tff\~., _ M• w,t-ti,0:t &r nJ4 1,~n.i ~'M~t. D..:tt. I}(-fiX;.J:,?ka D1' t~ed ;.~ .;Mil t~ t-tl.7" of Utt-f'llt~\ pw1. 5.,s W:\j •;;-:,;r,&~~\ i~ 1~'\'1!;-l,~:r.~ '4:r ru¥t1aJr. h'&.M.C'h ~t -~h,e,t, t.f Uit: l.e.t1t , .. :r~·•t.t:~,-J"4"f; ~1·:;;<t!r!ht-,t vlb:1t~ \'I ""f.rt!-etJ. ifpt-1:-~r \~J. r-~,. 1!J l!:it:edP. f •'):ft ~t Jf(~bUt...'ti..f lJ. I. t Jr.t:-;;;;. \~ (,>,,l1 l1u1lafff .. . ·-; ..;;.. . .:.., ~ ... : _ ,.....;.__~,.,. ,; ' 111 _._ -• ..,....,,,,.._ -11oc, ~ ....... Wo !M-.t, t.o ..,. uv,.,1 "' , to 4,,1., .. U:P,1Hd <ittt.on• u.. ti,,ij ul ,-. nn~ · ~ ,,,. 1n" it.-\4n~ ' ' + • -· 19'10. t.n. .... ,.._ii,, Ill'· I(> • -.. .. """ '"" -"*""' ., b.tl!.,>.;"'4 ,.,........., k<,. -------......... - 4-N -,..:.:.,,~ J~M•~• flillll ~bCM,11'--... tff ............... -M IN h'Cl!t -t~.-~ ·~:>0~L#lt·.1 .:-t &rA \!":. o-,,.t t:lllG C~Uawl f# u.e"" .... ..,,.,,,... -;. ,\.a. :t, :~..e.u.,.~-,..-c:"', a:w ~ ct'\.. Nlod ..at M9 .. ~,... -. ..._._ ; •! ~.u\,..-.d't,_l, ~ ~ ~ n.aJ. arru..rl l• -......... Mal., au ; ,"1; .... ; . / . .... . .. ~ .;,.,~ £. I_C.· .s C (':. --f. ··.1 • .... ~,._ . '} .. '· -;"-:. 'r~- .' ·:,~J, .·.::{; <_':!, i I r I Ji, ·r 'i J J 11 !Jtl J} 1t' !U . ll 111: ·. .· fif 1111 l ,;, ii . '' 'il · , d · ~ I . ·:;. . t f!! 11 f ,r I I~ J f L- IJ JI"' J ,1 ~ iii , ! jf 1~'" : 11 ~ en '= ,. if t ff!~ ,, r . i!f •• 0 a, . If .,. I a, !"I (JI . . 1-.. " j{}_ ! I I I //,1 .· ~-,-~ -. i l ,.,, ......... ,·· .... Af'tER RECORDING MAIL TO: _: :· :· Land~l)1erica Financial Group, Inc. : . ,' .. Address/ 7557 Ra~bler Rdadi$uite 1200 · Locl(B6x 31 /> / c1ty1state; Attention: •• Dallas. T~;l! 15231/·· :: '._.,:_:: -'' Jodie .. T~nn~r .. ,..... . Filed for Record at Request of:.·· Jodie Tanner < .. i LandAmerica Financial Group, Irie./ 7557 Rambler Road Suite 1200(lock Box 31 Dallas, TX 75231 11,1110,1111 LANDAnERICA co.AG 38.ee ,... ··PAGEll81 OF 987, / 12/29/290& t3: Ida KINcr.coUNTY\ u_, ~~.,,./4 .f'IS Zf~_ ooc>3" Aiv .. , k,.1.· · ),tw 'l,j ,r-Jl/w 'tr .i-1r t3rJ "'" { ~i!ld,,/'. €4J-<f /.f-/01~//J?JJ ... ACCESS AGREEMENT ... ; ·.· .. .. 1{1;i/ THfS AGR~EMl;NT is ente!red into by and between SUNCOR 0 HOLD1r,iGS -COP 11, LLC, a·. Delaware ljrnited liability company ("Granter"), and bONOCOPHILUPS COMPANY, .a . Delaware .corpg,:ation ("Grantee"), and shall be effective as of December-·~\ .·. , 2005/ · ,. \RECJT.ALS: WHEREAS, GrantJtis'the~ee';impi~'bwrierbf that certain real property (the "Property") which is the subject of that certain Real Estate .Saf¢s Contract (the "Contract'') between Grantee, as Seller, and Granter, as.Buyer; as l1;1gally ~tribed on the attached Exhibit A; and ·.·. ·· · ·· · · · ' WHEREAS, Grantee is seeking Grantor's consEltlt tb erttedhe Property for the purpose of testing, assessing and remediating Covered Cpntamittatiori existing as of the sale date of the Property to Grantor, all as required by the Co~tracl; alld ·· · ·· ····· · WHEREAS, Granter and Grantee desire to set fo~h thel; r~~~iveJ'ighti;}~sp6nSibilities and obligations regarding the Grantee's entty to, assessm~nt, a~d feinedia#OJi ofJhe ._. Property. {j/13 HLED FOR RECORD AT REQUESfo:. .. ' . .. .. . Master(WAJB-208/4th-d. TRANSNATION TITLE INSURANCE CC ~tel'io.: 2611./no QBPHX\740289.0000711973618.l ,, .. : :->. · NOW; TliEREFORE, for and in consideration of the premises and the mutual covenants .,mdagreemeri.ts herein, Grantor and Grantee agree as follows: 1, / The above"-Re~ are hereby incorporated by reference. . . ..... ,._. 2. . · · Capit~lkes' teirns ~h~H~av,,Jhe ITl.~aning set forth either herein or in the Contract. 3. Gf.:mtor tie~y grarits to <3'(an1~ J~ Jigbt to enter the Property (the "Right'') from time to time fQr the purt,ose of)ie'r;lbrming ~ary tests, assessment and remediation of Covered Contami~_atlon (the 'Work"), pui:sµant-fo the following conditions: .:,,._: A. The Right grarited lie~ ~all/be .. exe.rcised by 9rantee and/or Grantee's agents, employees and tepresentatives, ·· · · · · B. The Right granted herein may ~·ex~fcisacl from ti~ to time and for so long as reasonably necessary or required iri ~nJee'$' discretloll; but s~bjeqt to limitations in the Contract, to ac:complish the tests and remediafioffherein descriped. . C; The Right granted herein shall be exerdsed by Gr.mte~ with dueteg~rd to the limitations in the Contract and Grantor's use of the Ptop!,lrty'and .. withou(~ny unreasonable disruption of such u~. ·-· · ·· ·· · · · 4. .. Liability for:any . .,iind all costs, expenses, fees a~dtotianY other expenditures necessifuted·by thE;i,Worl(shall be borne so~ly by Grantee, whdshali indemnify, defend anct. hold GrantorharmLess therefrom; provided, however, that the obfigations described in this Section 4..cshall not app!'y to any New Contamination, as that temi is defined in the Contract.· '{;rantee $half at aUJitries ~ep the Grantor Site free and clear of all liens and encumbrances relating to,the W<:>[k. •,Grantee shall provide, at its sole expense, any security necessary for the-prote<;tiori of the .Work . .. •' •' •' ; . .;: ··,,;; 5. The Work shall be perfq!Jlled atall fimefin,compliance with all applicable laws, regulations and orders of ~ny Agencyi Grantee sh~lt·clispose of soil and groundwater removed during the perform·an~ .. of ttie I.Nork'in ci:impliim,ce with such laws, regulations and orders. .. 6. Grantee shall indemnify, defencfanfhold tlilnn,ssCrantor. it$; agents, employees, members, officers and directors from and again.st any arid ail Dam;1ge.s·ea11nected with: (a) Grantee's exercise of the Right granted hEir.(lin; (b) any personal injury or property damage occurring on or about the Grantor Site during .the perfprmarice of the V\fork;.or (c) any negligent or intentional act or omission of the GtariteE!'; its ~gent$; ·employees,.or representatives in the performance of the Contract or this Agreement. Jhis indernnitys'halL . . ,• .-.. . . B-208/4th-134d. QBPHX\740289.0000711973618.I -2-. SiteNo., 26U070 . ·. '-~ .. · ,. . .·· no(apply to Damages arising from disruption of Buyer's operations at the Property, unie$'8 s.~ch disruption results from Seller's gross negligence or intentional misconduct. /7 .• ·· Upon the expiration of this Agreement, Grantee shall remove or close in place its reme,:liati¢>n !;Jquipti'iant located at the Property and repair and replace with equivalent material$; any portion 9f the··· Property affected thereby to its present condition, in compliance with industry standard§ ind Agency Standards. ··.·· . .. ::· .,· ,• : .. (· .-· .. ,· ""'~··.,-. 8. Grim~e {or.Ats ih..;.ronm~ntaf~l]~l\iint~. at its sole expense, shall procure and maintain thit>ughout .. the,•·terzyiA:>f this{Agreefllent commercial general public liability insurance withq;,111blhedsingfe lilTlit covi~ecif$1,000,000. Upon request, Grantee shall furnish Granter wlih a certif~te of su9ti·qoverage prior to any entry upon Grantor's Site. 9. This Agreement shall r~main in t6rce 4nt\f the earlier t1:{oqcur of (a) the granting of a "no further action" letter (or sirj,ila['letter) by the OOE!ncy: or(b)Jive (5) years from the date of full execution hereof. After the teyminatibn gf this Agreerrnmt and upon written request from Granter, Grantee shall deliver a Termination of Access Agre,ememt in recordable form to Granter •. , · · · · · · 10. This Agreement, and all of the terms;·pro\Jiskms and·obtigations hefeo( shall be covenants ninoing llllilh the Property and shall inure•to the benefit .of al}d b.e binding upon Granter an9 Griintee and their respective heirs, successo~ an~ assigns. . ·. 11.i ,· Any not:ce•reqt,li~ or permitted to be given to aniparfy shalibein writing and shall bed~livered pfhand;mailed by first class mail, postage prepai~. telecopied or sent by~vernlght cQririer to .. the a~dresses set forth below. Any such notice spall be deemed to be received: .(a) if de.liv~red•pera.9.11ally, on the date of such delivery; (b) if mailed, on the third busi~s day f611av,.iing.inaifing; (c) if telecopied, on the date of transmission; or (d) if sent by overnight couner, qii the fi.~t business day following delivery to courier. ·. ,,/ ·' .... ,· ·:, . To Grantor: .· .. 11601 Wilshire Boulevard, •Suite7QO Los Angeles, California 90~5 · Attn: Keith Marks Fax(310)694-5101 /To Grantee: i 31:111t,,iarbor Blvd., Suite 200 Sant;i Aria, CA 92704 Attn: ~eal F51ate Dept (DC56) ' ,.>Fax (714) 428-8051 .: ,• _ _,, .. ,,. ;; .. ---· .. The parties may change their respective·riotipe add,ilssJo c1ny oth~r location within the United States by giving a notice of the change in accordance with this Section .. [SIGNATURES TO APPEAR ON THE FOLLOWING PAGE] -. .• . •,. B-208/4th-134d. QBPHX\740289.00007\1973618.l -3- ·:. :._. ... ._·: . ·:: _·· .· 'Site No.: 26FI070 ·:,,,,,._ .. ., .... : •·· IN _·\IVJTNESS WHEREOF, the parties authorized representatives have executed this Agreement. .. Gr.iinto;: Grantee: .-• SUNbO~ HOLDINGS~ COP fl •. L.LC, a Delaware Iim.ited llabifrty COIT!pany / ' By: SUNCORflotDIN.G§ MAN.AGf:R~f.:;-coP 11. tLC' a Del;!!ware ,Jlmited ljaj5!Jify cqrnt\!ll1Y\ Its: Stile Memb.er ---' ' ' ; . -- By: SUNCOR HOLOiNGSLLc;i6et~ware limited liabifity ¢bmp~ny j . Its: Sole Member --- By: GSM PARTNER§, Ll.C/a Calif~rnia-. __ -·• limited liability company ---- Its: Managing Member By: WINDRIVER CAPITAL •-GROUP, INC., a 'fornia -corporation Its: Manag r /By::...Q~======~- l'f.ame: Keith Marks title: President . .,·· . CONOCOPHILLIPS COMPANY, a Delaware corporation _By:e!}_/t~ Na~>,Matthew J. Fischer Its: : . i Attorney-in-fact ACKNOWLEDGME1'l!~:ON FOLLOWING PAGE$ QBPHX1740289.00007\l9n236. l 4- STATE OF CALIFORNIA C,ounty9f Los Angeles ) ) ss. ) . ). certify that I know or have satisfactory evidence that Keith Marks is the person Who /appeared l!efore me, and said person acknowledged that he signed this instrument, . on ··oath stated that he is authorized to execute the instrument and iacknowtedged it ._a$ Pfesicle.r1f of.WINDRIVER CAPITAL GROUP, INC., a California ' gorporation, the. Man&gei 0 0f ,GSM P!.\RTNERS, LLC, a California limited liability company, _a ~am;iging ~embEif ?f.SU~QR HOLDINGS LLC, a Delaware limited liability cori'Jpahy/the,Sole Me.Ji16er of SUNCOR HOLDINGS MANAGERS -COP 11, LLC, a Delaware limifed iiabifity.i:ompar,Jy, ihEl"Sole Member of SUNCOR HOLDINGS - COP II, LLc: a.Delaw;;ire lifuiteci liabi@y company, to be the free and voluntary act of such party for the uses an~ purposes menti6ned in this instrument. DATED: Dec~~btr 12!:.~2riQ5. . . COMM. # 1502754 ,. ii AA_· .f. HY.M. STEI.NiNGER ! lll)TARY PIJBL=UfORNJAGl '~NGE COUlffi' . 0 1 CO&ll(:exp_AlJG.10,2008-. .{ ; o .. C O O ; :9 0 Qi Q ; .;: l QBPHX-W A\740289.0000711977237. l -5- '-:, .... -·· ,. ,.· ST/ffE OF CALIFORNIA c·ou~ty 6f L~sAngeles ·' . ..,·.,-. -· ) ) ss. ) , ... /" .• / I ci:lrtify that'1know or have satisfactory evidence that Matthew J. Fischer is the persbn Who appeared before .. me;· and said person acknowledged that he signed this instrument/ 9n 98tti stat~/that J1e is authorized to execute the instrument and acknowledged ifas the Atfomefii'i-f!:!cl"of.~ONOCOPHILLIPS COMPANY, a Delaware corporation; to beJhe Jroo and ioluhtary)ii~pf such party for the uses and purposes mentioned ill thisTnstrtiment. •>" ' ·•.. . ·' DATED: 'December. ~ \ , 4Q6~'. , B-20814th-134d. QBPHX\740289.00007\I 973618. l ,.GJri±J j ~ .. ·J)bt«J)1 it ~ _ ... -.······:~;~:or·p~;~t~nicaer ib1Mro~U9in,.~~~ ~~r.Jte St~.!e )f My appointment e,q>ires.:. :6~ (a.rep -6-.· ·sue No;: 2611010 EXHIBIT A LEGAL DESCRIPTION ("the Property") ..... ,-. ..,. ·\ .-, THE SOUTH 140Ffu-.OFTiie Naib'~°'is<!'FEETOVTHE EAST 160 FEET OF THE wesr 190 FEET Of nlE NORTI-IWl:Sf 1/4.0F TI-Ji: NORlJlWEST 1/4 OF ScCTION 15, iOWNSHIP 23 NORTH, RA:NGE,5 SA$T, W, M.,~$0€ KING COUN"TY; . ···'·:< ' STTUATE lN THE CilYQF RENTON, COUNTY 01' K~NG,.s;TATE OF ','IA$HINGT0N . . ·' . -· ·-,• _,.. ·. . / ······,,.~,·-. APN -5182100008 B-208/4th·l34d. QBPHX\740289.00007\l 9736 l 8. l Page I of! ( Return Address: Kyle V. Leishman Jones Waldon Holbrook & McDonough 170 South Main Street, Suite 1500 Salt Lake City, UT 84101-1644 it,111,,1111 ~!SA.~ EAS 54.18 iiim'~ 111·25 KING COUNTY, WI Document·Title(s) (or tra111aetlons contained lberela): l. Cross Easement Agreement l. 3. 4. Reference Number(s) of Doeume,ts assigned or released: (on page __ of doeumeatalion(s)) Grantor(s) (Last aa•e first, lbeo first name and la!Uals) l. Renloll-Northwest LLC 2. Les Sebwab Prollt Sharing Retirement Trust 3. 4. S. Additional u•es on page _. __ or docameat. Graatee(s) (Last name first, then llrst ume and la!Uals) l. Renton-Nortllwest LLC 2. Les Sehwab Prolll Sharing Retirement Trust 3. 4. S. Additional uaes oa pace ___ of docament. FILED FOR RECORD AT THE REQUEST OF a,LandAmerica •commercial Se1Vices /rt'f34'fr' •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• •••••••••• Legal Description (abbmiiated: Le. lot, block, plat or section, township, range) Lots l, 2 aad 3 or Reotoo LLAa No. 011-88, Rec. No. 8810119082 Additioul legal is on page 10 and 11 of docameat ............................................................................................... •••••••••• Assessor's Property Tax Pan:el/Accout Nwaber: 518210 0008, 0009, tolO, and 0016 Additioaal Tax Parcel/ Account Numbers oa page of docament ............................................................................................. ........... TIie AudltorfRecorder will rely on die lnformatioa provided oa lbe form. The staff will aot read the document to verify the aecuraey or completeness of the ladexlag information provided herein • ............................................................................................ •••••••••• 1c ·. -..~ -~ ··:;d) •.. , . . .-:'J!..:'l . . ~if~q~~ ® RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: Kyte V. Leishman Jones Waldo Holbrook & McDonough 170 South Main Street, Suite 1500 Salt Lake City, UT 84101-1644 CROSS EASEMENT AGREEMENT : '; . THIS CROSS-EASEMENT AGREEMENT, (hereinafter referred to ~ this "CEA"1.:;.zade and entered into as of the date of the last execution hereof, which date is the 2-V day of > • . =---'' 2008, by and between RENTON -NORTHWEST LLC, a Delaware limited liability company ("Renton Northwest"), and LES SCHWAB PROFIT SHARING RETIREMENT TRUST ("Les Schwab") (individually, a "Party" and collectiVety, the "Parties'). WITNESSETH: WHEREAS, Renton Northwest is the owner of that certain tract of real property located in King County, State of Washington as more particularly described on Schedule I attached hereto and depicted as the "Renton Northwest Parcel" on the Site Plan attached hereto as Exhibit A (the "Site Plan"); and WHEREAS, Les Schwab Is the owner of that certain tract of real property located adjacent to the Renton Northwest Parcel as more particularly described on Schedule II attached hereto and depicted on the Site Plan as the "Les Schwab Parcer; and WHEREAS, the Parties desire to reconfigure the improvements on the Renton Northwest Parcel and the Les Schwab Parcel as depicted on the Site Plan and in connection therewith the Parties desire to grant for their mutual benefit reciprocal easements for ingress and egress, parking, signage construction and maintenance as more particularly set forth herein. NOW, THEREFORE, the Parties hereby declare, agree, covenant and consent that the Renton Northwest Parcel and the Les Schwab Parcel shall be held, sold and conveyed subject to the easements and covenants set forth herein and which shall bind and benefit the respective parcels to run with the land and be binding on and inure to the benefit of all parties having any righ~ titie or interest in the described parcels or any part thereof, their heirs, successors and assigns. Further, in consideration of the premises, the agreements and the covenants of the Parties hereto, the mutual benefits and advantages accruing to them, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ARTICLE I BASIC DEFINITIONS Section 1.1. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of fee simple title to the Renton Northwest Parcel and the Les Schwab Parcel, but excluding those having such interest merely as security for the perfonmance of any obligation. Section 1.2. "Penmittees" shall mean tenants and subtenants and the occupants, contractors, customers, agents, licensees, guests, employees, and invitees of an Owner, its tenants and subtenants. PECO_ Renton_ Les Schwab Acoess Easement Agreement (2).DOC Renton ARTICLE II EASEMENTS Section 2.1 shall apply: Definitions and Documentation. For the purposes of this Article II, the following (A) An Owner granting an easement Is called the "Granto(', it being intended that any such grant of an easement shall thereby bind and include not only such Owner but also the successors and assigns to a fee interest in the Parcel of such Owner. (B) An Owner to whom the easement is granted is called the "Grantee·, it being intended that the grant shall benefit and include not only such Owner but its successors, assigns, and Permittees. (C) All easements granted herein shall be non-exclusive and perpetual. In the event an Owner transfers or conveys a portion of its Parcel, those easements granted under this Article II which benefit, bind, and burden the remainder of the Parcel not transferred or conveyed shall benefit. bind, and burden the portion of the Parcel so transferred or conveyed, and those easements granted under this Article II which benefit, bind, and burden the portion so transferred or conveyed shall benefit, bind, and burden the remainder of the Parcel of which it was a part. (D) No Owner shall extend for the benefit of any other real property the benefits of any easement granted hereunder. Section 2.2 Easements for Use of Access and Parking Area. Each Owner hereby grants to the other Owner a non exclusive easement in and to the • Access and Parking Area" depicted on the Site Plan on such Granters Parcel for ingress to and egress from such Owner's Parcel for the passage of vehicles and pedestrians and for vehicular parking. Notwithstanding the foregoing, all parking in the Acoess and Parking Area may not be used for employee parking. Section 2.3 Jnitial Development Work. The Parties acknowledge that the configuration of the drive aisles and parking area on the Les Schwab Parcel existing on the date of this Agreement is not as depicted on the Site Plan and that Renton Northwest intends to reconfigure the entrance from Union Street into the Les Schwab Parcel and the parking area over a portion of the Les Schwab Parcel. In oonnection therewith, Renton Northwest shall have the right to scarify, asphalt overlay and re-stripe the drive aisles and the par1<ing areas located on the Les Schwab Parcel and to relocate the existing Les Schwab sign to the south of the new entry ( collectively the "Initial Development Workj. Renton Northwest agrees that the lnttlal Development Work shall be performed pursuant to (i) plans and specifications approved by the applicable governmental authority and Les Schwab, (ii) a construction schedule approved by Renton Northwest and Les Schwab: (iii) in accordance with current industry standards, and (vi) as set forth on the Site Plan. Les Schwab hereby grants Renton Northwest a license to enter on the Les Schwab Parcel to perform the lnttlal Development Work. Les Schwab acknowledges that the Initial Improvement Work may require the temporary closure of the existing entrance drive into the Les Schwab Parcel and hereby consents to such temporary closure. Renton Northwest shall coordinate the Initial Development Work with the Les Schwab or their tenants and shall use its best efforts to minimize any disruption of the existing businesses located on the Les Schwab Parcel in constructing the Initial Development Work. Renton Northwest shall defend, indemnify and hold Les Schwab harmless from and against any and all Hens, losses, liabilities, oosts or expenses (including reasonable attorney's fees and reasonable attorney's fees on appeal), incurred in connection with the construction of the Initial Development Work, except to the extent occasioned by Les Schwab's negligent or willful wrongful act or failure to act. PECO_ Renton_ Les Schwab Access Easement Agreement (2). DOC 2 Renton. Section 2.4 Sign Easement. Renton Northwest hereby grants to Les Schwab an easement for installation, maintenance, repair and replacement of a sign to be located in the location depicted on the Site Plan. Les Schwab shall be responsible for the costs of constructing such sign in compliance with au applicable governmental requirements. Section 2.5 Utiljty Easement Each OWner hereby grants to the other Owner a perpetual, non-exclusive easement for the installation, maintenance, use, operation, repair and replacement of utility lines and appurtenant se!Vices over, under or through the Access and Parking Area, provided that the rights granted pursuant to such easements shall at all times be exercised in such a manner as not to interfere materially with the normal operation of a Parcel and the businesses conducted therein. ARTICLE Ill MAINTENANCE, TAXES AND INSURANCE Section 3, 1 Insurance. Each Owner wiTI at all times maintain or cause to be maintained with respect to its Parcel and all buildings and Improvements thereon: (i) commercial property insurance against loss or damage by fire, lighting and other risks customarily covered by an special form alt-risks poUcy of property insurance for the fuU replacement cost of the Building(s) and Improvements located thereon and (ii) commercial general liability insurance (including contractual liability coverage) against claims for bodily injury, death or property damage occurring on, in or about such Owner's Parcel in the combined single limit amount of not less than TWO MILLION DOLLARS ($2,000,000.00) per occurrence. Nothing herein shall be construed from prohibiting an OWner which itself, or in combination with its parent corporation or group of affiliates which together maintain a program of self insurance, has a net worth in excess of TWO HUNDRED MILLION DOLLARS ($200,000,000.00), as determined by generally accepted accounting principles, from self-lnsuring for such insurance coverage, nor shall ~ prohibit an Owner from providing such coverage pursuant to a "blanker policy of insurance. Section 3. 2 Cross Indemnity. To the extent not covered by the insurance policies described above, each Owner (the "lndemnitor') will pay, and indemnify and save harmless each other Owner (the "lndemnitee') from and against, all liabilities, loSses, damages, costs, expenses (including attorneys' fees and expenses), causes of action, suits, claims, demands or judgments of any nature arising from: (i) any injury to or death of a person or loss of or damage to property occurring on the lndemn~or's Parcel; (ii) any use or condition of the lndemnitor's Parcel; and (iii) any negligence or tortlous acts of the lndemnitor or any of its tenants, licensees, invitees, customers, agents or employees occurring anywhere in the Common Area, except to the extent that such causes of action, suits, claims, demands or judgments arise out of the negfigence or Intentional misconduct of the lndemnltee. Section 3.3 Maintenance of A~ and Parking Area. The Owner of the Renton Northwest Parcel shall maintain the Access and Parking Area in good order and condition and state of repair in accordance with the standards of first class shopping center operation including (but not limited to) sweeping and removal of trash, litter and refuse, painting and striping of parking areas, repair and replacement of paving as necessary (but in no event more often than once every seven (7) years unless the Owners shall agree otherwise), and removal of ice and snow from driveways and parking areas. The Owner of the Les Schwab Parcel shall reimburse the Owner of the Renton Northwest Parcel for twenty- five percent (25%) of the reasonable cost of such maintenance for the Access and Parking Area. All reimbursements must be made within thirty (30) days of receipt of an invoice with reasonable documentation of the costs. In the event that the Owner of the Renton Northwest Parcel fails or defaults in its maintenance obligations as set forth in this Section 4.1, which failure continues for a period of thirty (30) days alter receipt of written notice thereof specifying the particulars of such failure, such failure shall constitute a breach under this Easement Agreement and the Owner of the Les Schwab Parcel may thereafter perform such maintenance obligations, in addition to such Owner's other remedies. The Owner PECO_ Renton_ Les Sobwab Access casement Agreement (2).DOC 3 of the Les Schwab Parcel shall then invoice the Owner of the Renton Northwest Parcel for the expenses incurred as set forth herein. Notwithstanding the foregoing, any Owner may take whatever action is reasonably required in the case of an emergency and without the requirement of notice to the other. ARTICLE IV DEFAULT, REMEDIES Sectjon 4.1 Default. The occurrence of any one or more of the following events shall constitute a breach of this CEA by the non-performing party (the "Defaulting Owner'): (A) The failure to perform any obligation of Article II, Ill or IV hereof and to cure such failure within thirty (30) days after the issuance of a notice by a non-defaulting Owner (the "Non Defaulting Owner") specifying the nature of the default claimed (unless such default is a non-monetary default that is not capable of cure within thirty (30) days and the Defaulting Owner has commenced to so cure such failure within the reasonably thirty (30) days and diligently prosecutes such cure to completion thereafter); (Bl The failure to make any payment required to be made hereunder within ten (10) business days of the due date after the issuance of a notice by a Non-Defaulting Owner specifying the amount due, or (C) The failure to observe or perform any other of the covenants, conditions or obligations of this CEA or to abide by the restrictions and requirements herein provided, other than as described rn (A) or (B) above, which shall be a breach under this CEA after expiration of thirty (30) days after the issuance of a notice by a Non Defaulting Owner specifying the nature of the default claimed (unless such default is a non-monetary default that is not capable of cure within thirty (30) dayS and the defaulting Owner has commenced to so cure such failure within the thirty (30) days and diligently prosecutes such cure to completion thereafter). Section 4.2 Remedies for all Owners. Each Non Defaulting Owner shall have the right to prosecute any proceedings at law or in equity against any Defaulting Owner or any other person for breach of any easement or restriction benefiting such Non Defaulting Owner. Such proceeding shall include the right to restrain by Injunction any such violation or threatened violation and to obtain a decree to compel performance of any such easements or restrictions. No Permittee shall have the right to bring any action to enforce any provision of this CEA and no enforcing Owner shall have the obligation to join any Perrnittee in any action to enforce this CEA. Section 4.3 Right to Cure. With respect to any default under Section 5.1, any Non Defaulting Owner shaU have the right but not the obligation, in addition to any remedy available at law or equity, to cure such default by the payment of money or the performance of some other actton for the acoount of and at the expense of the Defaulting Owner; provided, however, that in the event the default shall constitute an emergency condition invoMng an immediate and imminent threat of substantial injury or harm to persons or property, the Non Defaulting Owner, acting In good faith, shall have the right to cure such default upon such advance notice as is reasonably possible under the circumstances or, if necessary, due to such emergency, without advance notice, so long as notice is given as soon as possible thereafter. To effectuate any such cure, the Non Defaulting Owner shall have the right to enter upon the Parcel of the Defaulting Owner (but not into any Building) to perform any necessary work or furnish any necessary materials or services to cure the default of the Defaulting owner. Each owner shall be responsible for the non-performance or default of its Permittees. In the event any Non Defaulting Owner shaU cure a default, the Defaulting Owner shall reimburse the Non Defaulting Owner for all out of pocket costs and expenses incurred in connection with such curative action, plus interest at the Default Rate. within ten (10) business days of receipt of demand, together with reasonable documentation supporting PECO_ Renton_ Les Schwab Access Easement Agreement (2).DOC 4 Renton. the expenditures made. For purposes of this Section, Default Rate shaU mean the prime rate as provided by Wells Fargo National Bank plus two percent (2%). Section 4.4 Ljens. Costs and expenses accruing and/or assessed pursuant to Section 5.3 above and the amounts described in Section 5.1 shaU constitute a lien against the Defaulting owner's Parcel. A lien under this Section 5.4 shall attach and take effect only upon recordation of a claim of lien in the applicable real estate records office of the county in which the said Parcel is located, by the Non Defaulting Party making the claim. The claim of lien shall include the foDowing: (a) the name and address of the Uen claimant (b) a statement concerning the basis for the claim of lien and identifying the lien claimant as a non defaulting party; (c) an ldentifieatlon by name and address (if known) of the Owner or reputed Owner of the Parcel or interest therein against which the fien is claimed; (d) a description of the Parcel against which the lien is claimed; (e) a description of the work performed which has given rise to the claim of lien; (f) a statement itemizing the total amount due, including interest; and (g) a statement that the lien is claimed pursuant to the provisions of this CEA, reciting the date, book and page of recordation hereof. The notice shall be duly acknowledged and contain a certificate that a copy thereof has been served upon the Owner against whom the lien is claimed, by personal service or by malling pursuant to Section 5.3 below. The lien so claimed shall attach from the date of recordation solely in the amount claimed thereby and may be enforced in any judicial proceedings allowed by law, including without limttation, suit in the nature of a suit to foreclose a mortgage or mechanic's lien under the applicable provisions of the law of the State in which the Parcels are located. Section 4. 5 Cumulative Remedies. AU of the remedies permitted or available to an Owner under this CEA or at law or in equity shall be cumulatiVe and not alternative, and invocation of any such right or remedy shall not constitute a waiver or election of remedies with respect to any other permitted or available right or remedy. Section 4.6 No Waiver. No delay or omission of any Owner in the exercise of any right accruing upon any default of any other Owner shall impair any such right or be construed to be a waiver thereof, and every such right may be exercised at any time during the conHnua11ce of such default No waiver by any owner of any default under this CEA shall be effective or binding on such Owner unless made in wrtting by such owner and no such waiver shaft be implied from any omission by an Owner to take action in respect to such default No express wmten waiver of any default shall affect any other default or cover any other period of time other than any default and/or period of time specified in such express waiver. One or more written waivers or any default under any provision of this CEA shall not be deemed to be a waiver of any subsequent default in the performance of the same provision or any other term or provision contained in this CEA. Section 4 7 No T ermlnalion for Breach. No breach, Whether or not material, of the provisions of this CEA shall entitle any owner to cancel, rescind or otherv;ise terminate this CEA, but such fimitation shall not affect. in any manner, any other rights or remedies which any Party may have hereunder by reason of any breach of the provisions Of this CEA. Section 4.8 Limitation of Liability. Notwithstanding the foregoing, any person acquiring fee or leasehold title to a Parcel, or any portion thereof, shall be bound by this CEA only as to the Parcel or portion of the Parcel acquired or possessed by such person. In addition, such person shall be bound by this CEA only during the period such person is the fee or leasehold Owner or occupant of such Parcel or portion of the Parcel; and, upon conveyance or transfer of the fee or leasehold interest shall be released from liability hereunder, except as to the obligations, fiabilltles or responsibilities that accrue prior to such conveyance or transfer. Although persons may be released under this Section 6.8, the easements, PECO_ R<n1on_ Los Schwab Access Eas~ Agreement (2iooc 5 covenants alld restrictlons in this CEA shaH continue lo be benefits to and servitudes upon said Parcels running with the land. Section 4.9 Attorneys Fees. In the event of a breach hereof, the non-prevailing owner shall pay the reasonable attorney's fees (and the reasonable attorneys' fees on appeal) of the prevailing Owner. ARTICLEV MISCELLANEOUS Section 5.1 Term and Pemetuily. The agreements, conditions, covenants, and restrictions created and imposed herein shall be-effective upon the date hereof and shall continue in full force and effect, lo the benefit of and being binding upon all OWners, their Permittees, heirs, executors, administrators, successors, successors-in-title, and assigns unless terminated by the consent of all the Owners pursuant to a writing recorded in the real property records of the county and state in which the Parcel is located. Said agreements and restrictions shall be unaffected by any change in the ownership of any real property covered by this CEA or by any change of use, demolition, reconstruction, expansion or other circumstances, except as specified herein. Notwithstanding the foregoing, the easements contained herein binding and benefiting the Parcels shall be perpetual and shall run with the land. Upon termination of the agreements, conditions. covenants and restrictions of this CEA, all rights and privileges derived from and all duties and obligations created and imposed by the provisions of this CEA, except as related to the easements cited and mentioned herein, which are a legal necessity shall terminate and have no further force or effect. Section 5.2 Owners. Amendment This CEA may be amended with the written consent of all of the Section 5.3 Notjces. Any notice or invoice required or permitted to be given under this CEA shall be in writing and shall be deemed to have been given upon deposit in the United States Mail as Certified Mail, Return Receipt Requested, postage prepaid or deposit with a nationally recognized overnight delivery service, and addressed to the Party being notified at the address given below (or such other address which any party may designate for itself from time to time hereafter by written notice to the other Party): Renton Northwest Les Schwab: James P. Shipman 175 East 400 South, Suite 402 Salt Lake City, Utah 84111 Mr. Dave Husk Director of Development Les Schwab Tire Centers P.O. Box667 646 NW Madras Highway Prineville, OR 97754 Section 5.4 Severabi1ity. In the event any provision or portion of this CEA is held by any court of competent jurisdiction to be invalid or unenforceable, such holding wiU not affect the remainder hereof, and the remaining provisions shall continue in full force and effect to the same extent as would have been the case had such invalid or unenforceable provision or portion never been a part hereof. 6 Renton Section 5.5 No Public Dedication. Nothing contained herein shall be deemed or implied to be a gift, grant or dedication of any Parcel or any portions thereof, to the general public, or for any public use or purpose whatsoever. Except as may be specifically provided herein, no right, privileges or immunities of any Owner hereto shall inure to the benefit of any third-party, nor shall any third-party be deemed or considered to be a beneficiary of any of the provisions herein contained. Section 5.6 Counterparts. This CEA may be executed in one or more counterparts, each of which shall be deemed an original and alt such counterparts shall constiMe one and the same instrument Section 5.7 Relationship of the Parties. Nothing contained herein shall be construed or interpreted as creating a partnership, joint enterprise or joint venture between or among the Parties hereto or the Owners. It is understood that the relationship between the Parties hereto and Owners is an arms length one that shall at an times be and remain that of separate owners of real property. No Party hereto nor any Owner shall have the right to act for or on behalf of another Party or Owner, as agent or otherwise, unless expressly authorized to do so by separate written instrument signed by the Party or Owner to be charged or bound, except as otherwise specifically provided herein. IN WITNESS WHEREOF, the Parties hereto have executed and delivered this CEA as of the day and year first written above. [Remainder of Page Left Intentionally Blank; Signatures on Following Pages] PECO_ R<nton_ Les Schwab Access Easement Agreement (2).DOC 7 Renton Signature Page for Renton Northwest: RENTON NORTHWEST: Renton -Northwest LLC, ~Ii:~-me:J~.£.16 p. ~ ........ TIiie· . VICE PRESIDENT STATE OF ---tQ-itl'1tl1t::1Qr- COUNTY OF J:!8MILJON ) ) ss. ON THIS <+* clay of $ Q,Q_ "T , 200 before. ll\8, · the u~dersigned, a Notary Public in and for said County and State, perso/lally appeared ~q.., c sS · ~ , to me personaHy known to be the person described in and who executed the foregoing instrunwnt~w~~ be~~~~I duly sworn, stated that hetshe is the VICE PRESIDENT of ~-1..1,C ~~iffj:;[;~~~and that he/BIie-executed such instrument on behalf of said eeFflOlaliaR by 21111:laFi~/ ~~ ita baaRI ef Iii~. and said person ,ai;!(nowledged to me that he/she executed such instrument as the / act and deed of said ..a1:poratiQn. ~'-hi IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year last above written. • £2. _ _ ;J Notary Public /~ /ro '2f2. Printed Name: ~ My Commission Expires: 8 Signature Page for Les Schwab: Steven L Bjorvik, Trust bfthelesSchwab Profit Sharing Retirement Trust, Pursuant to Resolution ofTrustees Recorded on February 11, 2008, as Instrument No. 2008-0211000907. King County, Washington STATE OF OREGON County of Crook )ss. ·, I This instrument was acknowledged before me on Av@v.st d-'I , 2008 by Steven L. Bjorvik as Trustee of the Les Schwab Profit Sharing Retirement Trust 9 OFFICiAL SEAL BONNIE M MCCO'/ , NOTARY PtJ8UC-OP.'.·;": ·_. · ~ COMMISSION NO. ~-:; · ·_:_:· I MV CO.\i1M1S$ION EXP!AES JUI_Y :2· t.·; Schedule I Legal Description Renton Northwest Parcel PARCEL A: LOT 1 OF SHORT PLAT NO. SH-PL-084-83, AS RECORDED UNDER KING COUNTY RECORDING NO. 8407239001; (ALSO KNOWN AS LOT 1 OF LOT LINE ADJUSTMENT NO. LLA-011-88, RECORDED UNDER KING COUNTY RECORDING NO. 8810119002); SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON PARCELS: THE SOUTH 140 FEET OF THE NORTH 182 FEET OF THE EAST 160 FEET OF THE WEST 190 FEET OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 15, TOWNSHIP 23 NORTH, RANGE 5 EAST, W. M., RECORDS OF KING COUNTY; SITUATE IN THE CITY OF RENTON, COUNTY OF KJNG, STATE OF WASHINGTON 10 Schedule II Legal Oescnption Les Schwab Parcel LOTS 2 AND 3 OF CITY OF RENTON LOT LINE ADJUSTMENT NO. 011-88, AS RECORDED UNDER RECORDING NO. 8810119002, RECORDS OF KING COUNTY AUDITOR; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON 11 I . \. . ' b == = ltl'l/\ir,c~~TAX PARca NO. 5182100016 LES SCHWAB PARCEL TAX PARCEi. NO. 5182100010 1~--~'77"Wl"-~--_j 10' UC ELECTRIC ESlilf. REC m. B41 116«167 0 30' ~ SCALE: EXISTING LES SCHWAB TIRE STORE 60' 1" = 60' 120' <jf> I WALGREENS -LES SCHWAB~ RENTON, WA '----------------------------------------------·____J •J::,-.,.,,,· .• .. \eniin A~dr¢ss: K ,;. v L-';:.,:.:. . y,. ·' . .,... .... an. J~es'Wa.ldQll Holbrook & McDonough i 70 Soutli Miiin Street, Syite 1500 s111t Lalie Ciiy, ui 84lOt-i644 ,· . . .. t. Cross Easement Agreement 2. . 3. 4. { -::.-,.,;: ··--;.;: Rerereace Number(s) or Docume,1s assigoe,{or ri,lflised:i ,.· (on page __ or documentation(s)) · · ·· Grantor(s) (ta~~~~ first, then first name and luitla.l,) I. Rentoa,Nortb'wi,st Li;c ·:,,., ..... 2. Les StbwabiProfit S ... ring Retirement Trust 3. . . 4. 5. . A!iditional names .oa·page _. __ or document. Gl'.lintee(s)c(l,4lst namt first, then ~ name and initials) I. l. 3. Rentl)o-Northw~ LLC ,.. : ... Les Sdrwab Prol'it Sbilrin1t Retirement Ti'u$t ; ·' .-:· ·' · .. ..... flLEtl FOR i;iEcqrm AT TaE RiiOUEITT OF .. I\., LandAoierica , llli.Commercia1 Services 1 , r<t :J,, 'Ir ! Additional nilmes on .P,~ _j__ Jdot,u~nt::C ········*****'********•*•·····~···~·*····· .... ·~···,···*:!!.~········· .. ··············"'************* Legal Description (abbreviated: i;~ lot, bl~~k, plat ~ see~n, towrisbiJ>, range) Lots t, 2 and 3 of Renton LLAa N'os,!)11-!lll, Rec. No. ~lOUM.2 · -.,,,.~··'' -· ·. ·. . -· Additional legal is on page IO and 1 I '.~r .io::um~nt c' : •••••••••••••••••••••••••••••••••••••••*·~··•~****.**•.*•••-••••~••••w•••••-'llt••••w•••••***"'***** *••••••••• Assessor's Property Tax Parcel/Acrount Number: 518210 0008, 0009/0010, a11d 0016 ._. . .. .. .-. . Additional Tax Pa=I/ Account Numbers on page ofdocuinent .:' . · .. ........................................................................... i1t ••••••• _.: .......... ,1 ........ . . ~--~ .. ~~:·::;::r/Recorder will rely on the information provided on the form..· ' The ,; ~11to'~j rea~ the document to verify the accuracy or completeness or the iadexlng information pro\'jde,t' here,.. · · · ······································································•-.ii:.•••••'t-*•~···~····-~·· ............. ... ,.,,.,· RJ':CORDING REQUESTED BY AND WHEN RECORDED RETURN TO: l<yle V. leishman Jones Waldo.Holbrook & McDonough 17(l"South Main Street. Suite 1500 §alt LilkeJ)ity, UT 84101-1644 CR9SS£ASEMENT AGREEMENT ·· THIS.Cf{Os4'°"$EM• E!"t AGR·~.€Mi;iNT;·( .. ~ereinafter referred to~ this "CEA"1;,zade and entered into ,as 9f th~ date of the l!lst exec4_tiqii hereQf, wl)ich date is the 2 -V day of S, . --~ 2008, J,y ahd'be~elJ REt,f!;qN :... NOR'rl::IWE;ST LLC, a Delaware limited liability company ("Renton North~st''), and.-LES SCHWAB PROl:IT "$HARING RETIREMENT TRUST ("Les Schwab") (individually, a "Party'.,~od'coU!i)C!ivejy, the'.'Parti~")/• ·,c .,·.· .. ,:.:, WIT NE$ SE-TH: WHEREAS, Renton N~rthw~~t is• ihe,'bwne~ of that .. cert~in tracf-01.'real property located in King County, State of Washington as more.parti(;Olarly descril:iect on S¢hed01e i attached hereto and depicted as the "Renton Northwest Parcel" on the Siljl. Pla,ri attac~ed herE!tqas,Exhibit A (the 'Site Plan"); and WHEl'teAS, Les Schwab is the owner.bf tJat cJrtaii1Jractof relil pr6~erty !~led adja,cent to the Renton Northwest Parcel as more particularly desctil)ed on Si::hedule,JI attful)e"d· hereto am::l'dep\cted on the Sile Plari as the "L~ Schwab Parcel"; and · · ·· · · · · · • 1/)iH EREAS, lh~,Parties desire to reconfigure the impri.iv(;lment~ OO'llie Ren\6n l\io~est Parcel and the.Les S¢hwab Pafuel as depicted on the S~e Plan and in connectiori=therewith the Parties desire to grant fyir theji' mutual benefit reciprocal easements for ingress and egrells, pa,rking; signage construction and l!laintepance 'as more p.i.r\icularly set forth herein. ····· / o .' i . . . ,•. ·-·-. Ndw;+HER.~FORE,. the.f.'arties hereby declare, agree, covenant a~d· cdoserit that the Renton Northwest Parcel ;ind,·1he \.,fl'ii=Schwab Parcel shall be held, sold and conveyed subject to the easements and covenants sei forth herein.and'whicl:l.s):Jall bind and benefit the respective parcels to run with the land and be blndintfon and inure_.ii:i the benefit of·all parties having any right, title or interest in the described parcels or any part 111ereo[,Jheir ~eir's, sug:essors and assigns. Further, in consideration of the premises, the agreements and ·:the covenlallits of the Partieis hereto, the mutual benefits and advantages accruing to them, and other good,. and .,lial~ablei conskleration, · /1,e receipt and sufficiency of which are hereby acknowledged, the Parties"agreeias f?llows: .. ,., / / -~ .,• ,A.Rl)CLE.f .BASIC DEFINITIONS Section 1.1. 'Owner" shall mean ;~nd rltef~ t)'i~ recor.d-owner .)lvhetl1er one or more persons or entities, of fee simple title to the Renton NQ.rth)jl'!!St ~reel and the. Les Schwab Parcel, but excluding those having such interest merely as security for thEl perf6mian~ of any oblig~tion:: Section 1.2. "Permittees' shall mean tenants '~nd subte'nantii al)d the c:ic6upanbi; contractors, customers, agents, licensees, guests, employees, and inviteeti of ah oWneri its .tenants .ao.d stit>tenants. . . :: :· .. . ,' . PECO_ Rent<>n _ Les Schwab Access Easement Agreement (2).DOC l . · Secilon 2:1 ~all apply:'" ARTICLE II EASEMENTS Definitions and Documentation. For the purposes of this Article II, the following __ .• -/(A),: Aito~ner.granting an.ea&ement is called the "Granter'', it being intended that any such granL<if an'easement s_h;;ill thi!ITTlby bind an~ include not only such Owner but also the successors and a5.\\igns to.a fee iriterest in'the Parcei of S!JPI\ Owner. ·:-:. ;: .-· :· :'" .': :. /" < ·., ...---··'""·~··-· .. (El) / :An Qwmlr to .wtii'im the El8se]'\ient iS/9~.ted is called the "Grantee", it being intended that the grant shall ti~nefit-and in;:lud.e not qiltsuch Owrie{bufits successors, assigns, and Permittees. (C) Aii'·6®9rilents· grarited t(erein §tiiill·-b,/non-exclusive and perpetual. In the event an Owner transfers or conveys,-a portion of its Pare.el, ttiose easements granted under this Article II which benefit, bind, and burden t~ ref!iaindet of tlie Parcernot tJ:an_sferred or coriveyed shall benefit, bind, and burden the portion of the Pai'q!!I so Jransferred or ,conveyed, ·a_nd those eilsements granted under this Article II which benefit, bind, and b!lrdenAhe _portion,so transferl'lld or ciomteyed shall benefit, bind, and burden the remainder of the Parcel c>fwtµch lfwas a part. · · (D) No Owner shall extend fcir .ti)!'! b~nefif .of a~Y,ottie; re~I propi,rty the benefits of any easement graote_<l hereunder. ·· · · · · · · Section 2.2 ··:·.·.Easements for Use of Acces~-~i\d-P;1rking-;,;..ea_·--~~~h-6wner h~reb/grants to the otherJ)wnei a:non exclusive easement in and to the "Access andPartiflg' Area"_.depicteo on the Site Plan on:'such.,{3ra~tor's;Parcel for ingress to and egress from ·siich 'Owl\er's.Parc_el for the passage of vehicles anci:,'pedEistrians and for vehicular parking. Notwithstanding the foregqing;" all Jiarking in the Acee$$ and:Pafk\rig A~ea may not be used for employee parking. · · · , Section 2.3' , lni~al-Development Work. The Parties acknowledge that !he,.c;onfiguration of the drive iiil!les and parking ~ea on toe Les Schwab Parcel existing on the date of this Agreement is not as depicted·on,-The Site Pl#n afid ll)at _Rri"rifon .Northwest intends to reconfigure the entrance from Union Street into the Les ,:Scl1Wail-' Par-gel and the ~rking area over a portion of the Les Schwab Parcel. In connection therewith, Rei'iton Northwe&t·shall have .. the right to scarify, asphalt overlay and re-stripe the drive aisles and the''-parking ;ifellls located_.on::the'• Les Schwab Parcel and to relocate the existing Les Schwab sign to the soulh .. of-the ~ew ,entry (collectively.the "_Initial Development Work"). Renton Northwest agrees that the Initial Develop(hentW<;>rk shall'be,-perf9m'l!ld pursuant to (i) plans and specifications approved by the applicable g&.,emii'ierital authority arrd Les $chwab, (ii) a construction schedule approved by Renton Northwest and Les Schwab; (iii) in.'accordance:with current industry standards, and (vi) as set forth on the Site Plan. Les.Scliw<!b heteby_ gran.ts ijenton-Nort_hwest a license to enter on the Les Schwab Parcel to perform the Initial Developmem Work./ Les .. Schwab acknowledges that the Initial Improvement Work may require the temper~ dosure of.:'the ·exi!ltir'lg, entra·i'lte.drive into the Les Schwab Parcel and hereby consents to such temporary .. Closure. .Renton N.orthwest shall coordinate the Initial Development Work with the Les Schwab or their ~nants and:'shaU: us1fits,best:efforts lo minimize any disruption of the existing businesses located on the i:.es Schwab Parcel ir) cQll$1ttroting the Initial Development Work. Renton Northwest shall defend. indemnify and hold L1;1s SCI\Wab harmless from and against any and all liens, losses, liabilities, costs or expenses (including reasonable ,all()rneits fells and reasonable attorney's fees on appeal), incurred in connectio!l ,with •the_·c;onstrycli(;n of the· -l~itial Development Work, except lo the extent occasioned by Les Schwab's negligent orwmful wrongful al)t or failure to act. · · · · · · ·' ·· ·· · PECO_ Renton_ La Schwab Access Easement Agreement (2).DOC i Ren:Wn ,., ... · ,, "·section 2A Sign Easement Renton Northwest hereby grants to Les Schwab an easement for insfall;ition, maintenance, repair and replacement of a sign to be located in the location depicted on the -Site Plan: .,,. !,es Schwab shall be responsible for the costs of constructing such sign in compliance with all · app!fcable g(jvemmental requirements. S~ctlon 2.~ _,,-Utility Easement. Each OWner hereby grants to the other owner a perpetual, non-exclusive easi;ment for the instalra,tioo, .. r:naintenance, use, operation, repair and replacement of utility lines .and aj>purtefiant S1!fl1ice$ ov~,-imder or through the Access and Parking Area, provided that the ngtits gra~ted ,:pursuant !<JS" such (laSllmE!ntl shall at all times be exercised in such a manner as not to interfere materiaily with th/i norm!ll operation ot-a: Pan;el and the businesses conducted therein. ,. ' i· ·' .,.. ·-; .I' ,' .• > •• ARTtci.:e irt MAINTENANCE, 1'1\X~S AND INSURANCE .. "' •: ;. ·· .. Section 3.1 lnSuraote. E~ch <:l~~r wil_i'at alUilllE!S maintairvor cause to be maintained with respect to its Parcel and all buildings and improvements thereon: (i) :' coinmercial property insurance against loss or damage by fire, lig~.!ing a:nd ()thet"risks customaaly coliia{!lil by an special form all-risks policy of property insurance for the fvllireplacerneat co\i(ot the ;Buildin9{s) and Improvements located thereon and (ii) commercial general liability in~urance,(includif)g c9ntractual liability coverage) against claims for bodily injury, death or property aan,iagE!' occiirring on, in'or abou~.sucl:l. Owner's P~rcel in the combined single·limit amount of not less than TWQ Mlt'LJONDOl.LARS ($2,000,000,00) perJ'>t:c~rrence. Nothing herein shall);>e construed from prohibiting an owner io\'hi<;h itself, ot•i!J,,.eooibiniltion with i!s parent corporation-0r group ·of affiliates which together maintain . .._ .. program of ~el!.ir1.~urance,::has,a nErt worth in excess oPfWOJjUNDRED MILLION DOLLARS ($200,000,00!J.OO)i as.determined by get\erally accepted accounti!lQ prioi:ipllls, fr9m self-insuring for such insurance coverage/nor shalt it prl)hibit an,-Owner from providil)9 suc!i cov!lrage' pursuant to a "blanket" policy of insurancii. · ·· · ·· · · . Se~tion,3.2 / Gross'lngemnity. To the extent not covered by the in:>i:i~n~e policies described above, each-6wnec-(the "lndemnitor'') will pay, and indemnify and save harmlessA!ach other Owner (the "lndell)nitee") fron,ra!Jd against, alt,liabilities, losses, damages, costs, expenses (including attorneys' fees and ex~_nses),.caus·es ofacti6n, suits, claims, demands or judgments of any nature arising from: (i) any injury to oi'd~aih of.a person.hr lossp(or darnage to property occurring on the lndemnitor's Parcel; (ii) any use or condmon ofthe \rigliinnitor'.s Parcel; and (iii) any negligence or tortious acts of the lndemnitor or any of its tenants, '.licensees,/iovitees;"·®stomers,. agents or employees occurring anywhere in the Common Area, excepqo the,.extent t11at st.il:h causes ·qt action. suits, claims, demands or judgments arise out of the negligence or"lhteiitio11a1 mlsconducl'ofJhe _liidemriitee. Section 3.3 Maintenahce of A'ccess and Parking· Area. ·:th"' Owner of the Renton Northwest Parcel shall maintain the Access aricf'i>arkliig tvea _iii good ._ordei-and condition and state of repair in accordance with the standards of first class shdpJjing ,cenier 9peration, including (but not limited to) sweeping and removal of trash, litter and ·. refuse:-pai!)ting and striping ··of parking areas, repair and replacement of paving as necessary (but in no event more:oft!ll1 th<l!i onGe .. every,seven (7) years unless the Owners shall agree otherwise), and removal oflce'and sn()W fr<im driveways and_ pad<ing areas. The Owner of the Les Schwab Parcel shall reimburse the Owner)>f the Ri;,ntori' Northwest Patcel for twenty- five percent (25%) of the reasonable cost of such mainienance'for.the Acc~s · and Parki11Q Area. All reimbursements must be made within thirty (30) days of teCE!ipt of ari ·'invoioii ··with , reasorable documentation of the costs. In the event that the owner of the Renton Norttwiest Pari:i!il fails or de.faults in its maintenance obligations as set forth in this Section 4.1, which faill/re contim;es f<lr 9 peiiod ohhirty . (30) days after receipt of written notice thereof specifying the particulars of such failure, such,failyre shall · constitute a breach under this Easement Agreement and the Owner of the,_.Les Scfr\Val;>' Parcel may ., thereafter perform such maintenance obligations, in addition to such Owner's ottier.~rnedi¢s. The Qwner' PECO_ Renton_ Les Schwab Access Easement Agreement (2).DOC ;w"'"·'··:'· ,-~.efiton ofthe Les Schwab Parcel shall then invoice the Owner of the Renton Northwest Parcel for the expenses incurred sis set forth herein. Notwithstanding the foregoing, any Owner may take whatever action is /easotiablyrequired in the case of an emergency and without the requirement of notice to the other. ARTICLE IV DEFAULT, REMEDIES .. . Se~~on4.-f . Default. The' ~~~urrence of any one or more of the following events shall 6i»:i!ltttute_a b~ach of tliis j:;EAby,Iiiil no!),pl!rforming party (the "Defaulting Owner"): .. .-.. •' . . . _,., •. .., .. , (A)_.-i The}ail\lre to:~iiorm a~,eJJ11~atio{ot /'.rticle II, Ill or IV hereof and to cure such failure within thirty· (30). days" after/the,issua!)CE:i of a noticy byi a non-defaulting Owner (the "Non Defaulting Owner") specifyirig the nawre qi the defatJlt claimed (unless such default is a non-monetary default that is not capable of cure,l4!itlrin thirty (30) days and th,toeraulting Owner has commenced to so cure such failure within the reasonably tliirty (30) days antNliligel)lly prosecutes such cure to completion thereafter); (B) The failure t~ make any Pc!Yme~t required. to be'made heteunder within ten (10) business days of the due date after the issuance ofa n9tice by,a N011:[)efauHing 6w,T)~r specifying the amount due, or (C} The failure to observe or perfqrm ,iny other of tti'e ciivenant~, 00119itions or obligations of this CEA or to ii111jde by the restrictions and requiramerits herein piovicted, .6ther thiin as descrl~d in {A) or (B) above,\vhich,1,hall be a breach under this CEP., after expircit10n 91 thiityJ30),days afterJhe _i§suance of a notice Jiy a Non Dl)faulting Owner specifying the·n.,twetif the detau.lt.ciajfr,edi{un~ss i:iuch.'default is a non-motietary,qefauitthat is not capable of cure within· thirfy (30) days and !lie defaulting Owner has commen_ced to:"so, cure' such failure within the thirty (30) day$ ,ind ;diligently prosecutes st'ich cure to comple~on thereafter). · · ·· ·· · · · · ,i Seclion-4.2 ___ ,· Remedies for all Owners. Each Non Defaulting Ow!ler shall have the right to pro$_ecute·'allt pr~eclings at law or in equity against any Defaulting Owner of any" other person for breacll_ of any ea!ler:ri"ent pn,istriction benefiting such Non Defaulting Owner. Such proceeding shall include t(le right.to restraiii by'injuoctioruuw such violation or threatened violation and to obtain a decree to compefp&lformafice of arw such easements or restrictions. No Permiltee shall have the right to bring any action to enforce aiTy_,pfovisiori of this CEA and no enforcing Owner shall have the obligation to join any Permittee in an ye action to e,rif9rce thiii'y EA._, ·· .. :,./ Section 4.3 Right toCu~e •. .11\/ith respect!~ ariy diifault under Section 5.1, any Non Defaulting Owner shall have the right, but 119! the obligation, in additionto any remedy available at law or equity, to cure such default by the paymenf-ot: mqpey or th¢ perk>rmanCJ! of ,so.me other action for the account of and at the expense of the Defaulting" Own.er, provi!led,.ho)Nevei/ihatjn the event the default shall constitute an emergency condition involving an immediate and _imminent.Jhreat of substantial injury or harm to persons or property, the Non Defaulting 9't,'ner;-actlng in go.od faiih, s~all have the right to cure such default upon such advance notice as ls Jeascinably possip°le unl!er t~ circumstances or, if necessary, due to such emergency, without advance notice, so.long_.as optic~ is given. as,s9on as possible thereafter. To effectuate any such cure, the Non Defaulting Owner shall h,;,i,e tlie.rfght to enter upon the Parcel of the Defaulting Owner (but not into any Building) t•:f perform.any cr1ec¢!;Sary work ot. furnish any necessary materials or services to cure the default of the oei_aulfing ,Owner'. Eatji ':Owiler shall be responsible for the non-performance or default of its Permittees. ·1rdhe.eve~t any NOil Defaulting Qwni.r shall cure a default, the Defaulting Owner shall reimburse the Non Defaulting ,Owner for·.ill,out of pockei costs and expenses incurred in connection with such curative action, plus interest..at,!he [)efat,tlt.J~ate, within ten (10) business days of receipt of demand, together with reasonable 'gocumerilation suppoi1ing _. PECO_ Renton_ Les Schwab Access Easement Agreement (2).IXx: 4 tl¥i expenditures made. For purposes of this Section, Default Rate shall mean the prime rate as provided by W""fls l"argo National Bank plus two percent (2%). _ _. · Section 4.4 Liens. Costs and expenses accruing and/or assessed pursuant to Section 5.3 ;,ibove al)d"'the amounts described in Section 5.1 shall constitute a lien against the Defaulting Owner's .-·l>arcel. _--A lien under t_l)is·Section 5.4 shall attach and take effect only upon recordation of a claim of lien in •-, ..... / the applicable real __ e'state records offiye,of the county in which the said Parcel is located, by the Non Oefaufiing Party: 111aking . .th_e cli;iim. ,Tile claim of lien shall include the following: (a) the name and address oftlle lie~ claim.ant; ft!) a· staterl)eiit ~ni;eming the basis for the claim of lien and identifying the lien claimant as a non d¢aul!ihg pa{ty; (c) an. iden~ficl!iti(1n by name and address (if known) of the Owner or reputed ·Owner of the P!i'rcel or interest lf1!;!r~n agajlist v,,hich the lien is claimed; (d) a description of the Parcel against WhictHhe lie~ is claime~: Je) a descriptiorfof the work performed which has given rise to the claim of lien; '(.f) a statEll'lientite111izioiithe totiltcamoynt due, including interes~ and (g) a statement that the lien is claimed ·pun;.uant to the provisions of this··cEA, reciting the date, book and page of recordation hereof. The notice shall be. dulY.iackno\Nledged _imd :contain a certificate that a copy thereof has been served upon the Owner ag!iinst}mom.•the lien iS claiined,.b.Y,personal s~ice or by mailing pursuant to Section 5.3 below. The lieri so clail)ied shalLattach frdin the:date of r;ec()fdation solely in the amount claimed thereby and may be enfoFCed tn ai,y judi\:fal proceedings aQc:iwed by Jaw, including without limitation, suit in the nature of a suit to· foreclose a mort/iage or mechariic's lien under the applicable provisions of the law of the State in whlch tl)e ParceJs artrlocateg._ --. . -,· .,,,. Section 4.5: Cumulative Remedies. Ai(,of the reme\f~s perrriltto:!d.-ot available Jo a,\ Owner under this ~EA or afls1w or in equity shall be cumulati)le and l)OI al_term1tive;:\md::invqcati9il of(any such right or remedy _shall nQt constitute a waiver or election 6frem¢dies,witj:i respecfto any other permitted or available_.right 9r remedy. / Seclion 4:6 · No Waiver. No delay or omission of any Owner ih t~ eierciile of any right accruing u·pon any d¢11,11t ofany_ other Owner shall impair any such right or'~3:onstrued to be a waiver thereof, a'rid.every ~uc;l'i right may be exercised at any time during the contimian_¢e of such default. No wai'ief by any 01.'!t\e( of apy clefatilt under this CEA shall be effective or binding on . .such Owner unless made-·in writing_,by s"uch ,Owner ai\d no.,sµch waiver shall be implied from any omission by an Owner to take actioil'in ·respect to su_ch default'. No express written waiver of any default shall affect any other default or cover any o~r period .of time other than any default and/or period of time specified in such express waiver. 0~ or ·more ,:,vriften waiiJ/lrs Cir any .. default under any provision of this CEA shall not be deemed to be a waiver_ of ar1y subsequenfd~fault"in the performance of the same provision or any other term or provision contained·fn th_is C(:A ',_ / _ _:-._. Section 4.7 No Ter~-ihation t~F~act{ No'breii~,-~~ or not material, of the provisions of this CEA shall entitle any Owner t6''1:ancel; res~nd or otherwise terminate this CEA, but such limitation shall not affect, in any manner, any other 'iights or·remeoies wl;tiQ_h any ·party may have hereunder by reason of any breach of the provisions of this CEA,,·:· ' · ·. · ··· ---... -'' Section 4.8 Limitation of Liability. Notwithstaodirig theifonajoin~, a,;ry person acquiring fee or leasehold title to a Parcel, or any portion thereof, shall be,bound bi this' CEA.only as to the Parcel or portion of the Parcel acquired or possessed by such person. ln'adqition{such:j)erson:shall Ile bou_nd by this CEA only during the period such person is the fee or leasehold'O"'.rier qr ()Ccuparifof such-Parc(Jl-or portion of the Parcel; and, upon conveyance or transfer of the fee or leasehold interesf~hi!fl 1:1e released"- from liability hereunder, except as to the obligations, liabilities or responsibilities ttiat .. accnie _prio(Jo,_such : conveyance or transfer. Although persons may be released under this Sec_tion 6.a;:ihe easements, _-- PECO_ Renton_ Les Schwab Access Easement Agreement (2).[X)C .ft.eriton. covena~!s and restrictions in this CEA shall continue to be benefits to and servitudes upon said Parcels runnin_g with the land. _ '°secii~n 4:9 Attorneys Fees. In the event of a breach hereof, the non-prevailing Owner shall pay the r~_nable'attomey's fees (and the reasonable attorneys' fees on appeal) of the prevailing Owner. ARTICLEV MISCELLANEOUS Sec!jOn-5.1 i l'erm:aii·g Pernefuill!/ .. The ,~r!)SITlents, conditions, covenants, and restrictions created and· imp_ose<Hterein;sh,dl be,jl#El(:tive 4po,1 ttie-~te hereof and shall continue in full force and effect, to the ti1;inefit of _.,imd: beiog ·,lj)nding upon-; a[f° Owners, their Permittees, heirs, executors, administrators, su~ssprs, sui::cesiiors-io--title, aii<t as$igns unless terminated by the consent of all the Owners pursuant to a\vriting·"recqrded iii the.-'·rea(prdjlerty records of the county and state in which the Parcel is located. Said agreements Md reytrictlons _shall b_~ unaffected ~¥. any change in the ownership of any real property covered bv.Jliis Cl;'A or.by any ct:,a119e·of use, demolit)Ori;c,econstruction, expansion or other circumstances, except as specified nereiii. N,otwt1hstandingthe fo~gojng, the easements contained herein binding and benefiting the Parcels0shali be.perpetual and shall run wiih the land. Upon termination of the agreements, conditions, covenMis ,ihd resttiction's oLl!'tiSC' Ci;A,"slll rights and privileges derived from and all duties and obligations creatediarcfimpos~ by the proytsioris of t!Jii; CEA, except as related to the easemE)ll)s cited and mentioned hereiir; whl.ch iire,11 legal pece~sil)'/shall ter;rr,inate ano. have no further force c;,r e~t. · · S~ction ii:-2 Owners/ Amendment. This CEA may be amei:ided with th~_.written consent of all of the " Section 5°3 __ Notices, Any notice or invoice required or permitted:to ,be given· under this CEA shi;lll be in writing a[l"d .shall be ®emed to have been given upon deposit iii""the.,United States Mail as Certified Mai( Retdm Reci-,ipt R¢quested, postage prepaid or deposit with a'-tiatlonally recognized overnight delivery'se!Vice(and adcli"essed to the Party being notified at the address given below (or such other address.which any;party may designate for itself from time to time hereafter by written notice to the other Party): · · · Renton Northwest; . , · Les Schwab: ;iam¢~ P. S~iriii,Ein . .. :175 East 400 South,_Suite 402 S.a1tla~e~ity, titatJB4111 " Mr. Dave Husk __ Director of Q<;,velopment ,-.• Les Schwab Tire qente1s P.O. Box 667 •-.,_ , _. 646 NW Madras Highway' Prineville, OR 97754 ·· Section 5.4 Severability. In the event any provision 6r,portior{of \hi~ CE!',·~-~eld ~Y iiriyc;ourt of competent jurisdiction to be invalid or unenforceable, such holding w_~I nof affect·lhi r:emajnder hereof, . and the remaining provisions shall continue in full force and effect to the·same:·exte11t .:is ilvqulghave"been ·. the case had such invalid or unenforceable provision or portion never been a part hereof.-,., : PECO_ Renton~ Les Schwab Access Easement Agreement (2).DOC 6 ·, ..... Renlbn , ,-Section 5.5 No Public Dedication. Nothing contained herein shall be deemed or implied to be a· gift, Jlrant or dedication of any Parcel or any portions thereof, to the general public, or for any public use or puip~whatsoever. Except as may be specifically provided herein, no righ~ privileges or immunities :· of any pwn_e(hereto shall inure to the benefit of any third-party, nor shall any third-party be deemed or co,r1'sidered·t6 be itbeneficiary of any of the provisions herein contained. . ,Secjion tf6/ Cotinterparts. Jhi$.CEA may be executed in one or more counterparts, each of Which ,shaU.be deemed a.11 original an<fall suQh counterparts shall constitute one and the same instrument. .• . }~~ ~~c~n-s.7 y· se1ation'Shio of fue.P~~~:-· ,N.othing contained herein shall be construed or interpreted as ciJ;lating··Q palji,er:mip, Jojnt.:eriterprise ef joint venture between or among the Parties hereto or the Owners. it. is unde(3!ood thafthe'.relatioristiip·'~tween the Parties hereto and Owners is an arms length one that shiill..a!.all· timias be;and remain ttiat·o.f ~parate owners of real property. No Party hereto nor any Owner shall have !tie right to.Caci fm!i' .er on behalf of another Party or Owner, as agent or otherwise, unless expressly' auth'orizecfto clo so.by sepa~ written instwment signed by the Party or Owner to be charged or bourid, .excepfas oiherviise sp~fically)irovided tterein. IN WITNESS WHEREOF, the Partie,s'"hereto·have·'e><ijcut~d and delivered this CEA as of the day and year first written above. · ·· · · · · · ·· · · · ,(Remainder of Page Left lntenti&ially Blailk; ·SJgnatur~s oi\ F9liowing Pages] . ·· .. _ .-. •' . . . PECO_ Renton_ Les Schwab Aocess Easement Agreement (2).DOC ,1 I Signatwe Page for Renton Northwest: RENTON NORTHWEST: Renton -Northwest LLC, ~~-~.,~~~,, }~11i_e:-lo....,....q5 P . St._:_p""-......._ · Title;, VICE PRESIDENT _,·.·.-::,·.{ STATE OF ---4Q~l-ttlll-lQ1--- . Jss, COUNTY OF HAMILT0N ON THI<; t.J..* day of $ ~ -'t < / , 200 ··-be{9re ~ the upd~~i~ried, a Nolcliy ~ublic in and for said,Courity __ and State, per;ally appeared ;ja .,.u;sS· 'SL.1.p;M1'-d , to J1l8 p¢rsonally known to b. e the persoi, described in and who executed.!h!;dor!!going in_stnirti!i~ beif\11 cy 1J1e first . duly sworn, slated tl:lat he/she is the VICE PRESIDENT · · of ~ -,~ 4C • / \ and,that he/91:!e-executed such instrument on qehat/ of,said·esF13,;,i11UaR bjt. autlmrity ~../il,..., :i ~g:;~:~:s=~~:o~a~~~~~~edged to me that he/s~e e::tedsuc~ in:trilment as the / _/ 111!:WITNESS,Wl;EREOf, I have hereunto set my hand and affixed(ll{offibial seal the day and ye;it last abcye \vritt~ · · ;2.... • · N6t,~ Public -~ )fe o2f2_ Print¢d Name:·· . ,, ,. ,· .' My Commission Expires:·· 8 Signature Page for Les Schwab: ,,· / .,·/·d .. ,,'-~/i"-,,. ~ ~veil LBjorvik, Truste~wab Profit ,,'Sharing.-Retiremeiii Trust;'Pcursuant to Resolution ofTrustees Rec<:irde<I on February 11,.2008,as Instrument No. 2!)08-021100[)907:.King Cciunty,}Nashi9~ton STATE OF OREGQN ), ' County of Crook This instrument was acknowled~ed l.l~fo'.em~'bn Av~VJ,'>I ·;;i. ~ . i 2008 by Steven L. Bjorvik as Trustee of the Les Schwab Profit Sharing Retirerriei,t Tnist. ·· 9 ·· .. ,,,, .. ,,..· Schedule I Legal Description Renton Northwest Parcel PAEl~EiA: / L.O~ {oF SHORT PlAT NO. SH-PL-084-83, AS RECORDED UNDER KING COUNTY RECORDING NO. /S4Q7239/l01; .·.· (ALSO KNOWN AS LOT 1 OF LOT LINE A'DJUSTMENT NO. LLA-011-88, RECORDED UNDER KING COUNTY ;iepoRDINb NO. 8810J1oo~2l: .••· ' · ..• s1ruATE 1NTHE,c1T'i'·oP'REi'/tor,l;couNfr' o'F KING{sfATE OF WASHINGTON '\ j • , . . a ' . SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE()F WASHINGTON ··,., ,~ ... - 10 \">:~ : .• Y:;,,,.,,.,.,.: Schedule If Legal Description Les Schwab Parcel LQt~•~AND; OF CITY OF RENTON LOT LINE ADJUSTMENT NO. 011-88, AS RECORDED UNDER ,R-~CORQiNG N0.8810JJ!l002, RECORDS OF KING COUNTY AUDITOR: .. SITUATE IN THE c°ITY OF RENTQN,'COUftTY OF KING, STATE OF WASHINGTON ;' .: ·: ,• ... : .,/ ;'. :: -~·-:~,:: t 11 ,--- I I I ~Hlg1-r A = === -26.500 NE 4th STREET TH llillr,-"";'-1 T~ P~eEl>ti9· 5182100016 LES SCHWAB PARCEL ,o• UG·~,-Elf9CIRIC!,,,;;,_ " •• "'.i"'· ,.,.,,,;;,~!;,. ___ ...:.._ __ _j £Swr. REC NO. EXiSllNG.tES.SCHWAB 84'!160567 -i1~·E STORE \, , .. ·,/ 0 30' 60' _. SCALE: 1" -60' , , 5 TAX PARCEL NO, 5182100010 9 l:, !i buffer EXHIBIT "A" .· PARCEl,A: . T~X PARCEL NO. 5182100009: tor 1 Pf SHORT PLAT NO. SH-PL-084-83, AS RECORDED UNDER KING COUNTY .. RECORDiNG NO. 8407239001; -· . ·: . .---··"•.,. (ALSO KNOWtiAs wt 1 oF w'l'UNE ADJUSTMENT No. LLA-011-88, RECORDED . lJNJ)ERiKINy CO,UNTY ~q:lRDil'fG NO. 881 O I 19002); . . . ' . .·•:) SITU4TE INTIIE criY frl RENTON,tou&rv OF KING, STATE OF WASHINGTON ·... . . :. .,· ·' ·-:-r ~-"=.:-/ ~·,:. ;~~!1.t~~LN0.~18210009;;i,: /'' THE SOUTH 140 FEET.OF THE NORlH lS2 FEET OF THE EAST 160 FEET OF THE WEST I 90 FEET OF TH.E NORTHWEST·% OF THE,NORTHWEST I. OF SECTION 15, TOWNSHIP 23 NORTH., IU..NGE 5 EAST, W.M..;°RECbRDS OF KlNG COUNTY; .. . .. . .-. -' ,· SITUATE IN THE CITY OF RENTON;~Ol/N'fY.6F•KJNG,S;A+E OF WASHINGTON .. -. -· ' _; . · ... ·. Wa9E!ens WO# 105052867 RW-070003 Page 3 of 3 ___ ., .STATEOFWASMffffl'f6N I . . ~,.i--~c;fvl ss COUNTY OF -·1) o_ ~i~h-_i{L_ day of Qc../;/.., c 2008, befor_j.]118· a Nota!'Y Public.in and for the State of Washington, ~ly comm}~it>f'!ed and sworn, personally appeared :)..a;.c, c S:~&o , -me krlOWn :~ ·~e the individual(s) who executed the within and foregoing instrument. and acknowtedged that ·· • @d'..the same as ,f P free and voluntary act and deed for the uses and purposed therein m~ntio':1' · GIVE~ under m:/hafald' ancf'6fficial seal this hereto affixed the day and year in this certificate firsi above written. . •' . . ..... ,,., .. ~:(Print or stamp name of Notaiy) · N'9'TARY PUBLIC in and rthe State of Washington, teiding at , A ~ be_ ),!ii appointment expires,_....<...L.;e.:>-1..1_1._ ___ _ STATE OF WASHINGTON J JSS COUNTYOF ) . On this ___ day of -=~~~+--7e--s-· J~a. '~e i:oo. ~e undersigned, a Notary Public in for the State of Washington;····:-([lily _: cor;nmissionei;I .-am:1;'" s~... personally appeared tci"-=' me. kflown to /be :" the/ perSOEl.. who _Sig_ned as and , of the cQfpor~tion that e~ecuted tl'te v,itthin and 'fo-,-.-9"'~--n-g~;,,.-_~-i-ru-m~-..,z. ~ __ t-. ~.-n<l-.-a~ckno-,-wledged said instrum·apt to be ~fsltlter free and'v~µtnt.;uy ~ and_:.dee~· and the free and votuntary ael:.and deed of · · tor th¢ uses _and purpose·s therein rrientioned; and on _9ath stated\ that __ was authorized tci·'-,e~Ct.lte:· the·· sajcf"Jristr~nt ._on ,be~( of said IN'W1rNEsS=WHE.REOF I have hereunto sel my hand and offidai'seal lhe_·~ay ~ ~~r tu'st above written. : . . ·' . •' . . . (Print or stamp name of N.6fury'j . NOTARY PUBLIC in and for tlle-_Sfate of Washington, residing at ·.-:· My appointment expires. ___________ 1 I ···- c SING<.£ Ri::PAEttl<TA,Tl\E CN"...:clrY) STATEOFWASHINGl'Ol'l ),..,.' • .- ."/ ss COUNTY OF I in On this --~-day of ':.. .:": ~. b~f&ei me, the undersigned, a Notary Public and for the Slate of w~,shi~ton, :-' dulY coi'nmissio_(ied ·ang sworn, personally appeared ,cc-cc-~--c~--==-c=,:---,.--,-·-,~=--·c..··' and' ,to me known lo be lhe individual(s) who signed as of , the ~------~~-~---that executed the·withia and foregoing inst(l,Ment, and acknowledged said instrument to be his/her free and voluntary ·;act ai:'Ld de,iid ~nd the fiee and vOltmtary act and deed of for the uses and._,~ip:s therefu mSn'lioned; and on oath stated that was authorized to execu~ .lhe :· said jnstrulnel:lt Qn behalf of said JN WITNESS WHEREOF I have hereunto set my had ~'nsl -~fficia(~ea~ihe (j~y <!~~--;~ar first ~h9ve written. Cust form lll2000 (Print or stamp name-of:Notary): .-.. .-. : NOTARY PU8UC in'aild f0rth&§!ate ot\lVSshil)gl_!)ll, residing at · ··. · ·· My appointment expires._~~---,-c_,---+--1 - ...... : R,dug~:AQDRESS: -~·~ .11111111~~111 PUGET SOUND EN ~S -44.N PAGENt OF 113 1V11/21U 12:17 KING COUNTY, I.IA ORIGINAL E'AS.EMENT '"( cuitqfu~ir~rm) GRANTOR ~!) -e.s.t L LL, Cl REFERENCE #". • ~ • ' GRANTEE PUG~U ~INC.1 • SHORTLEGAL N w I '5 -z ?:,N -Cr> e . ASSESSOR'S PROPERTY TAX PARCEL, l:Jig',2-\ {)OccFl OP or U MAP NO: For and in ~Sid.~.ration of One Dollar ($1.00) and oth~valJabi~.-~n~eralron it\ han.?_paid; .. fr,,,,-1,,., . .,fudb.,ici:,I .(LC. ("Grantor".:·herein), ils -~uccesscis and assigns hereby COfWeys ar:td wa"rranfu to Pl'JGET _SOUND:ENERGY, INC., a Washief~n c6rporation (''Grantee" herein}, its successo~ and aiigns f9r..j:he pu~Po~~s hereinafter set forth, a.cl1onexcluSive ~lual easement over, under, along, acros~: and throiigh fhe following described real properfy ("Prqi>ertf' her~n) in __ King County. Washi"9ton::' · s~ Exliierr '?." ATTACHED HERETO AND BYTHrs REFERENtJ. MAIJE A PA!lT HEREOF. E°A$.EM~ir LOCATION: !;:,x@ept as may be otherwis~ set fof!h herein, Grant_ee's{[igbls ,·haa !)e exercised upon th~ portion of the Prope~ (the ~easement Area" herein) that ts ten (10) feet m 1N1d1tthaV1ng five (5) feet of such W:l(lth on··each . .-Side o.f-"tt)_e· centertinB..of Grantee's ~ystems localed as constructe_d or to be .. corstruct~ 1 extend~d or reloca. tecf·(ln the Propertv, excepl those portions of the Property occupied by extst_1ng··.· bwldmg footings, fouodalions, and/or.'su:t,surfaca-struclures. · .. 1. ·-eurpose. Gfanjee shall 6ave_;ihe right to use the Easement Area to construct, operate, maintain, repair, replaCE!. improve,, rel'rlove/ and)~nlaige on.e.,9r more utility systems for purposes of transmission, distribution and sale of 9'$,,arn:f electricity-. Together wilff the '·tight of access over and across said Property to enable Grantee to exercise its rights htJteu~er._}As uSe~'herein. IJie lerm "systems" stiall indude all appurtenances and facilities as are necessary. in th~ judgment of ~r!!ntee, for the·'i)peration and maintenance of said systems. 2. Grantor's Use of Ea$lmtent·A;ea. <arar:rtor ~g~, not to erect any structures on said Easement Area, and further awees not tcf-place tree.s-;' ~e~s. t~nce~ or_.TJlh~t obstructions on the Property that would interfere with the exercise of Grantee) right,='h6':t:lin . .-. ··· -· ·· DATED th;s ,tfH. "'"day of f>deb..r:' , 2008 . . ~. Cust f01111 812000 f(()'rl!; SIONA TURI!$ AAE REQUIRED OF All:.CO-OWN~ OF PROPERTY EXCISE TAX NOT FiEOUiR@ . Kmg Co. ROOO<ds llMsil"' ' . By M N. (A. ,;.puly .· OJ>,= H /V>ttf!Ofif',· ~f ATE OFUT Al:l COUNTY OF SALT LAI(~ On t~i·~ '~day/of,.•M·:i v , 2008, before me appeared >«"".? 5 Sk.>r w{,, n,: i to me personaH.fknQwn, who/b~ing by me duly sworn, did say that he is the Ao-H.,;y,%-.,.,.( ~~...£•c~CR,e-nton -'North'Y.esf LLC, a Delaware limited liability company, and acknow.)edg~ the x~cutio,_n-of the fofeg'ofog for an on behalf of said limited liability company. · · · · · · · ·:.._ . .-:· Wit~s my hand and Notarial s;iil. -~:n~LJ~,lti Notary Public::Clfrint~di . ~1-1-~-- My County of Residence ·;.,,. 10 830852.2 .......... , __ ACKNOWLEDGEMENT STAfE OF II,;Lll',IOJS. ,' . . . §. . COUNTY OJ/LAKE,§ -· .. -· -· ·' .. § -···'""·~ . (. ():~ this ii / daj bI 2008, before me appeared Robert M. Silverman, Jo me-·per.i:m\lllY ~}*n, wqo;"qc:ini by me duly sworn, did say that he is the Divisional Vi~ Pre.sident of,Walgreen ¢'h 'ar{ [!Jinois corporation, and that said instrument was signed in behlllf of s;iid qorpor;ition;by auth\)rity of its board of directors, and said Divisional Vice President acknowl<idgt;d saicl 'instrum,ent t~ be ,tlu';}ree act and4eed of said corporation. ·.. . .-... .. :' .. ·-·. -· Witness my hand and Notarial ,S'eal.c' \ ,tfotary Public --,·Signature ,. ·.-,· ,• ·' · .. Notary j'ub}k-e.dnted ··-. ,' ,: .. ··· :; ; M.§tenrr ex(lites: My County iif.Re:sidenc{ STA l'E; OF !LLtNOIS i § COUNTY OF ({)0/;.·/ fl/ ,· ·,. ', . On this itf&1··~·{· :df6.~: . , 2008, before me appeared Thomas J. Reynolds, to me personally:kndw.~. · '! b:Jl'me.duly sworn, did say that he is the First Vice President of JPMorgan · Ch.se Baiik, N.A.; {·n11tional banking assoc1at1on, and acknowledged the execution oi'tlwJofogoing•for lih on beli.al~_.:ifsai.d association. Witness my hand and Notarial s·1mlc<·:) )·.··· ,j_, /J. , 7 ,._ Mytermexpires: l1-z_o8 INDSOI JBAXTER 1020J62vl /v~.... th:U; MAi-1./t f~E(.. (;;~'-4-~· Notary Pub Iii::-Printed. My County of Residence····· 9 ACKNOWLEDGEMENT STATEOF Il:;;LINQJ~ . . ' §. § ...~ .. COUNTY OFLAKE § .. · ...... ·.· On t~s {l 'ft da§ 4~ ~ 2008, before me appeared Robert M. Silveiman, to m~·per~n~ly jo.~iig by me duly sworn, did say that he is the Divisional Vice President ofAVatgree1{(::o;; ./3R'· Illinois corporation, and that said instrument was signed in be!wf~f S;iud c;6rporation.bf jiiith,9rity of its board of directors, and said Divisional Vice President acknowledg<ld sai<l'instrum.ent ¥'. be the fr ct and de said corporation. Witness my hand and ~~tarial .S~aJ.," ·· .. < .( . • /. •·•· Publfo -, . .Signature .. :, ... _ ,.-.._,-..,_,,~--~--..,--~~::-~~( .. ~;'"':] .--· . . _, .. 1 ··.'.~'.r.;:~~i~t: L '.;,~~~\~~, l .. 8w 0/(\~·:; G,/id. i .\'.~,'.i~·~".,::z. ~., m,:~u;·;g;; ~· '"·Notfu'yPublfo..:fiiittfed .•... i ~52~,J ·' .. {6',) .. .. . .-My County,of ~e,sideilce Myteml~xpites; § .·§ .· .ff' COUNTY OF_..,__~""' On this C.... d.a:si 6f i' ····•. i o' ·.: 2008, before me appeared John E. Wilgus, II, to me personally known, who, being bf me duly sworn, did say that he is the First Vice President of JPMotgan''"Ch~seiB~k, l'f.A;, a .. national banking association, and acknowledged the execution ot;the fofegoing'i'or an on b.:hal{qf,said association. .. ,• .. -· ' . .:·./· ··.- Witness my hand and Notarial Seal. :Notiiry Public -);igiiaµlre . . Notary Public -J'riilted My term expires: My County ofResidei!ce,.·· 9 3308522 EXHIBIT "A" .......... ••• LEGAL ~SCRIPTION (STORE #12497) :; ·.•· ;~ ·. ..,··· ..... ,,,,., .. PARCEL Ii /// . LOT I OF SflORT.PLAfNo'.· sli:PL-08i83,'XS RECORDED UNDER KING COUNTY RECORDING NO. 84(}7239001; ; / ,· .·. . (ALSO KNOWN AS LOT! Of LO,LINEAJ;)JUS;!VIENTN¢.1,tA-Ol l-88, RECORDED UNDER KING COUNTY RECORDING N0/88101)900i); .· ... ···· . . . .. ,• ,,' ,• .. . srruATE IN THE crTY oF R~NTor,,t~;h' oFr<rub, $TAJ~.9F wAsHINGToN. ·.-, . .•' ·,·,. . =~··· PARCEL2:i•. TH1r~oUTH 140 FEET OF THE NORTH 182 FEET OF° 0TltE EAST160:FEET OF THE WEST 190 FEET OF THE NORTHWEST 1/4 OF THE NORTHWEST I/4.0F SECTION 15, T¢WNSHIP23 NOR,J;H,JlANGE 5 EAST, W. M., RECORDS OFt,fl.';!GCOlJNTY; SirUATE-IN TH.E CITY OF RENTON, COUNTY OF KING, STATE 01" WASHINGTON. =·.. . ' ~-.--· ::· •. ~ . 8 830852.2 .-: .:'· ·. TENANT · J A{;GltEEN co.,/ an Illi~6is korporatio.11 Robert M. Silverman Divisional Vice President . . .. LA~DLORD :, RENTQN ~.NORTHWEST,J,LC, a l)elaw~re limited liability ~ompany ·:.. ., ... : :· .,.•' ·:. : By: ····~ .. Manager INDSO! JBAXTEK 1020J62vl 7 MORTGAGEE JPMORGAN CHASE BANK, N.A., a national banking association ~ALGREEN c9:; an Ill(nois i;orpiira~fon LANIJ(O~D RENTON -NORTHWEST LLC, a ~ela .. ·.·· e Ji!Ilited liiibilify ~ompany ··,,.,,·· •' . 830852.2 7 MORTGAGEE JPMORGAN CHASE BANK, N.A., a national banking association /Johg E. w ilgiis,) 1 /Fitst.Vice.Pr~~;dcnt i 3. .iliis Jl,greement shall also bind and benefit the heirs, legal representatives, successors and / l!;'lsigns:'·of th~ respective parties hereto, and all covenants, conditions and agreements herein =tontirined shall.he coristi:ued as flllU)jng with the land. . . ' . ' ,,··· ·--. . •·· IN• WITNESS WHlRE:OF, the.,.-parties hereto have executed and delivered this Agr~e11t, um}~r ~da!, ~ bf the ~Yc@d y~ifi~t above written. ·:·· .. -.;:. ·~--· 6 830852.2 ift<J Tenant: ·.•· Ifto Lan(ll~rdi With copies toi · WALGREEN CO. I 04 Wilmot Road, MS 1420 Deei:fi~ld, Illinois 600 I S .·· ·-·. REN'It>N :cc NORTHWEST LLC . Phi!llp~. J'idison,&J:;ompany, Ltd. Grofonif Roadi :i . '} <::i~ciµnati, (),hio'4i42 Attn:"R. M!irI{Addy . .-;-.. -.,;, ;: _,. Jori~s Wald6 Holbroolc"& McDonoJgb. P.C. 1,70 S/M~n Sfrt,ti; Suite 1500 ·· ·· Salt [ake City, IJT 1!4101 Att~: GlenO. Watkins -·.-. ~ . . provided that ea.:h party by like notice may designate any future 6h:lifferent. add;~sse§ to which subsequbt notic~s shall be sent. Notices shall be·d~~l)t~d giv!)ri ·upoiiti~eipt olupii~ refusal to accq,rdelivtiy, . • .. .. .. .· 11.i }'enanlagr~s that the right of first refusal shall not apply-toJSuc,cess~r I.,:andlord through a .. .forec[osure, deed,iri:fr~u of foreclosure or any other enforcement 0'iicliqn under the Mortgage; ptovided;·how~er'. su9h right. of first refusal shall apply to subsequent p~reh~sers of the Leased . .... .-. .,· . -· Premis~,_,.Jt'is the express iptenticm Qf Landlord and Tenant that the acquisition by either party of the right, tit!¢, i~te.r~t a,ncl i:state, of the other party in and to the Leased Premises shall not result in termination or <:ftn:celh1tion:9f .fhe:tease by operation of the principle of merger of estates or otherwis~; noi~ithstal'!ding ~y applic~blelaw to the contrary. ,• ~-. .. ; .-. 12. To facilitate executirih, this ;b"eilmeit llli3.Y be eii~ciitaj in as many counterparts as mav be convenient or required. It sh~i~~t be n~~s_sary that;he §j~~fure and acknowledgment of, ;r on behalf of, each party, or that the sigl1atun;and atkn6w!~gi,nent &i;it'persons required to bind any party, appear on each counterpart. Al{cofint6paris sh~H.fo1lecti§ely <:9nstitute a single .-.. -. . .-.. . .-·-·· instrument. It shall not be necessary in making pt~ofof this Agr¢m~tt~ produce or account for more than a single counterpart containing the respective sign\jtun:s .and lll,rnowledgm~t of, or on behalf of, each of the parties hereto. Any signa~re and ackrt~wltd~en\'page ,to any counterpart may be detached from such counterpart without icipairing ihe ,1egM liffe<:t ,of the signatures and acknowledgments thereon and thereafter attached to another courttetpart.ideritica( thereto except having attached to it additional signature and acknowledgm;~tp~ges. ·· · .. 5 830852.2 ),bfigati:on io verify the existence of any such default stated in the notice from Mortgagee under this paragraph: ·.·,.,, ... ,~·· .. : ,· 8 .. · ·.· .(a) Subject_!() th~ term5.-'of (b) below, Tenant agrees that the covenants of Landlord in ·· ,A.itictf: 8 lifthe Lt:~si srndl n;l be,bi.ddU1g .. UP9n land owned by Successor Landlord that acquires . . . . ~ the intc.:resttifL,mdlbrd}n f*1e LeaiedJ'rem¥'s5thi:ough foreclosure of the Mortgage or a deed in lieu thereof, (pl"()vide1ftlla/ Su\X':e~~r Laajl~aj oJned or mortgaged such land prior to the date that it acquir<is,.thl intirest'of I.fuidlocl/tn·Jhe Leased Premises), but shall apply to any . .-. -···.,..;. -· subsequent purchaser of transferee thil.fis i:iot an affiJ.iate or subsiqiary of Successor Landlord. ·-·. ' .: :· :: .,· .,.,· ·-,-. . ,· ' '. (b) Upon Success;r Laridlo~'s·~cqriil¥Jtionpf Landlorq's)ri;erest, during the period that . . . ._ . ,' .. •' .... it holds title to the Leased PreiiiJses,' SuccessortandlQ[d yAII jiot execute any agreement that violates th~ restrictions set forth in Art:ide 8 of !he_.Lease of agt~e .titany !llodificati~Jl of a then existing a,;em\:llt which extends the right ci(an; .thi~d party .t6 o~erl}le•in ; tnanne~ i9fonsistent with therestricti~ns set forth in Article 8 of the teas{ . . .. .. . -·. . 9. .. In _the. event Successor Landlord acquires title\r rlghf-of·'pos~sfon lr the Leased Pn;fuisel Teq;nt abknowledges and agrees that the liability cifsucl1 SqtceisorLandlord under tl.le Lease sh~ll beljttiJtedtoits interest in the property described orl·E~ljibiU'A" and the rents, ini::ome ~d profits th~efrom. Notwithstanding anything herein to the contrary, Tenant shall have •al)()f i11( equitable ,remedies-against Successor Landlord. Nothing contained herein shall otherwise limit tenimr.lnfilit:>'or remeciii;s as provided in the Lease. ·...... . . .-· IO. All llQ\ice~ ifodef this 'Agre~merit sl}all be deemed to have been duly given if made in writing and sent hy United States c¢rtified & n:gistered mail, postage prepaid, or by overnight delivery service p;ol(idin11~roof ofiect;ipt, bct;c14rC$~ed as follows: ... ,,.~.-··· . -· . .-. : ·; .,. . If to Mortgagee: With copies to: 8308)2.2 JPMorgan Chase'Bank, N.A .. , Commerdal Real Estate• ·· One Chase Pi~~ . ·· . · Chicago, Illinois 606'70 . Attn: Mail Code ILi ;0951 Barnes & Thornburg LLP 11 South Meridian Street Indianapolis, Indiana 46204 Attn: John B. Baxter 4 ,it¢~ss~r Landlord becoming bound by the Lease in accordance with paragraph 2. Successor / Landlord wil! not be held liable for any consequential damages for defaults of any prior L311dlord; or• , .... .., b), Bo·~J by,arl·:a~~: \)f·any rent or additional rent which Tenant might have paid forritofe than !he crirr~nt montfyt6°any pti<Jt11µ1dlord (including Landlord); or . . '....... '.:_ ... ,, / /·:~)' ./ _-:<"':.,,· _.:: / c). ··c1:i111111d by aIJ.j, ariiendmen.t-9( modification of the Lease made without ..,..... . . Mortgagee's written corisenf 6. During the contin~ance of.~aifMgrtg~ge, Jenartt shalltJSe reasonable efforts to give written notice to Mortgagee ~fall d~faule; by LifudJi>,rd of thcis/ obligations under said Lease which are of a nature as to give Tenaritc,riigbt to'termin~t~ said .L~·reduce rent, or to credit or .. .. ·:. ,·. .,· :· ,; .-,. ·--: offset any' arm;,unts against future rents, ~ Mortgage~ sh_!lll li~ye. .. tJ:ie ~\l,me oppo,ttunity as provide\fto Laruflord in said Lease (but shall'nothe°required).,.toc~re..the sam,/ rrfany event (except as oiherwi~ provided in the next sentence ofthi~ piiragraph);-'fenaiil'slailµfe to provide Mo~agesisuch written notice shall not impair any rights gi.lnte:d o/ denv~ by Tenant under sail Leas~ and/or this Agreement. In no event shall Tenant terciinate'theL~e}s a result of any breach• pr default of fh~·'tea,se unless Tenant has provided Mortgagee notice and afforded the .· ·.-.• ._ -· ' .. . liik1rtgage~ the sariie opptlrturiity to cure such breach or default as provideii-"to Landlord in said L~i::;.p,i:Qvid~; ho~~ve,r, that Mortgagee shall not be obligated to remedy or cure any default of Landlord under the L(,i\Se. · 7. Tenant hereby,agre¢; th_at upohh:c\llpt of written notice from Mortgagee of a default hy .-. . .. -· ·. Landlord under said Mortgage, 0 all-'c\lecks.•for.:tentand,6th.er sums payable by Tenant under said Lease to Landlord shall, frorri·t)te d.~t~ o.fTenant',s re¢~ipi ofsµc;h written notice, he delivered to and drawn to the exclusive o;d~ of M<irtgakee. ~ntil M~~ga~ee or a court of competent jurisdiction shall direct otherwise. Su~han.11$Sigt)lllert; o{~~rit shali~~ttelieve Landlord of any of its obligations under said Lease and sh~! hqtritodifybr d}Jrtini;fany righ\s..granted to Tenant hy said Lease or this Agreement, including but nofli!I)ited,t~, llIIY pght,sl)Oiitainedin said Lease which allow Tenant the right of so-called self help, offsets ordemictionk in die'eveii.t o'fdefau!t · ... -.. •' . ,· ·-;:, . . . or otherwise. Landlord hereby consents and agrees to th~ pl'()visiotis <;if this p..;.,igraptlartd hereby authorizes Tenant to direct all rental and other payments ~rider \aiiLellst; i~.proy!dE;d by : this paragraph. Landlord hereby relieves Tenant from any liability'·by,._E.t:alfo_n of Teriant'i payment of any sums under said Lease as required by this paragraph. Tenant shah have ilo 3 8308522 -···"""""." _:, '1 ... -· Subject to the covenants, terms and conditions of this Agreement, in the event of a , / dJfa1.1;It \ii).der the Note, the lien of said Lease is hereby subordinated to the lien of said Mortgage. .. If th~re sballbea~~~flict betwel)n.-the terms of said Lease and the terms of said Mortgage, the . . . . . ;· -. · terms of said Leas.e shall prevail. .. -· •' .-·' .. . .... 2. •·· Jil ~e e?enfMortgagee orifuiy·';ther,fitrty ( collectively "Successor Landlord") acquires title or rightpf po;s~ion'of th~\:~ased f/~\sJ under said Mortgage through foreclosure, or other proced~te•related to a.defaiµt un.1¢f.Jhe.:Note, said Lease shall remain in full force and effect and Tenant shalFcon\fnue 9ccupilncy ofthe l&ased Premis~ in accordance with the terms and provisions of said i~a~e. in su~f ev'6n1/d1Jri~~ th~ period 1&adr holds title to or possession .. .-·' .--· .-·.-•: of the Leased Premises, Succe~S?t L.a~dl6rd' shall' hf ii{: aH/r..;spects bound by said Lease as Landlord and by all of Tenant's rights thereunder. Suteessor Landlord's remedies pursuant to ·· ... :-.: ·: ·: ;: .. --·"-:,·,·. the Lease .will be in full force and effect cfuce Successo{Laridlofd suc2ee<Js to thiinterest of Landlord undet the Lease and once Succesaqr L~dlo~d j{ b()~~f 6r all ofiihe/ierms and conditii>ns ofsaid tease . . '··. . 3. So·long as Successor Landlord shall be bound by the terms and cohditions of said Lease, ·• •' . ., . . Tenant ,shalLattorn to __ $µccessor Landlord when Successor L~iidlord. is:in possession of the ,· ... . . ,·· '•, -., ._ ·, . Leased·.I,'i:etnise{ wheth~ such possession is pursuant to Mortgage/)'s .rights under said . . . . .-. Mortgage (which such'attominent shall be effective and self operative withbut the execution of any fi.irther·i~stiium~t ~ the part.-ofan,y of the parties hereto), or other procedure related to a default under th~ Nc,te·fud ,Will coi:itirJ.ue Qccupancy of the Leased Premises under the same terms and conditions ofsajd ~¢~e; · .. , ' · 4. Mortgagee shall notincluil;;Ten~t i_ri any· forfcl_osµre proceeding involving the Leased Premises, unless required by\1ppJicilbli sta,te la_w fo1' Mort~gee. to accomplish the foreclosure and then not to interfere with or dimitiish Tenifut•s' rigltts.,U{!der ~:11.id-Lease or disturb Tenant's . . . •; ·' . possession. 5. In the event that Successor Landlord s~c~i to _:the,inteiest.bf-'Landl~f(j under such Lease, Successor Landlord shall not be: a). Liable for any act or omission of any prior lahg\tmi (itlcln,ding/Umdl~~d) of subject to any offsets or defenses which Tenant might have against anyprio;·la9d19fd (i~~!Jding Landlord), except for any defaults or remedies of which Tenant has notiffe'dtvi:ortga~e priorfo 2 830852.2 )W AI,GR,l:Ell( CO( . !OfWilrilot Ro'\l'i, MS.J/120 :.pcierfield, lllindis 60.tl15 / Aun: Lola Muiiam!riad ) . Real Eswe Law D~partfuent/ Store# 12497' · · 1111r11111111111 /20080320001096 , ~~~· ; JA.~g SUS 53.00 ·'fll:3/ ZIMI 14: 115 !aNG ·. TY, UA •' •·. .. 'SUB0RI>INATI0N/NON-DISTURBANCE .. · iNoATTORNM~NTAGREEMENT Tms SUBORDINATION. · NO:N-DJSTi,RBANcE' AND A TTOR!'li'IIENT AGREEMENT made in multipl~cqt>iei;~s,,~fth~ J]~ayof,'}:t..bl(ktA,r'j , W08, by and between JPMORGAN CHASE BANK, N,A./a .. n11tionaf bariki1.1g asscici11tion ("Mortgagee"), RENTON -NORTHWEST LLC, a Dela1iire liiµit~ liabilit;' company ("Landlhrd") and w ALGREI;~ CO,, an Illinois corporation (''T0;na~f·)l ' . ;;~~~ ~OR RECORD .:· .. At TftE REOUESt OF ' wrrfimssETJI: •·. rnitandAmerica "::.; .. ~semi ~~c~.!1 s~ryices ... ,( /""/'3•ff5 ,WHtREAs,.·Mortgljgee is the holder of a Note in the origi11ar principal amount of . -· . . . ,· _- $6,700,000.00, 0 ~ecur,ed by a Mortgage or Deed of Trust·' ("<fvtortgage") dated Mi..,,;~_. 3' ,' i'~ 2pos.~ec91"dedon Mav-0 3 . 2008, in Book Lat Page --· in the Qfficial .. RecJrlls of King, County, State of Washington, covering the property 1egal1y descnbe&:9n E;hibii' 1'A." ~ched,hereto,and made a part hereof; · ~-"i1~y4;.,;.::,.;AJ.v. J:J. Of&"o 3 o 1 t:JOt tf7 if WHEREAS, by ~ase\dat~ !7"6/_,.__,~ 2_-'! , 2008, ("Lease"), recorded by Memorandum of Lease of e\ie11 dateAmi · N\(1.:icJ.,,• .'' l-o . , 2008, in Book tr ~' at Page _ __, in the Official Record;°i,f King cbt1nfy, Siate' of W~;h111gton, Landlord, as landlord, ·: ·: :· _,,·.,,,, : _ •. --··· .. _.' th leased to Tenant, as tenant, the property, of,the .Noithecast corner of,4 Street and Union Avenue in Renton, Washington, legal!yd~ribed on Exhibit "A''"(','Lea;ed Premises"); ~ k Reu ,,-et:1\j ,No,,~<c,i9>\).{.),CTSY09'1 WHEREAS, Mortgagee, Tenant and Landlord.desire t!f co;ifil'IJ'i their µnderstandjng with respect to said Lease and said Mortgage; NOW, THEREFORE, in consideration of the premis~ and ilie llllitual ~olenaiil!; and• promises contained herein and other good and valuable considerati~n:r .t}.!e···partiel\ agi:e~ ai follows: 8308S2.2