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HomeMy WebLinkAboutReport 1PARTIES OF RECORD BRISTOL WALL SIGN VARIANCE LUA07-117, V-A Jeffrey Saeger SECO Development 1083 Lake Washington Blvd N Renton, WA 98056 tel: (206) 371-6434 eml: jsaeger@secodev.com (owner / contact) Updated: 10/10/07 (Page 1 of 1) R I V E R S T 0 N E RESIDENTIAL GROUP Date: July 22, 2013 Re: The Bristol at Southport - 1133 Lake Washington Blvd. N Renton, WA 98056 V-07-117 CITY OF RENTON JUL 23 2013 RECEIVED CITY CLERK'S OFFICE We are pleased to announce that Riverstone Residential Group has been selected to manage The Bristol at Southport and its day-to-day operations effective July 22, 2013. Riverstone Residential Group has partnered with Compliance Depot to ensure our supplier compliance program meets the highest standards. As such, we require approval in the Compliance Depot system for all suppliers that provide goods or services to our properties. Hopefully, you are already familiar with Compliance Depot and the enrollment process. You may already be approved for RRG today and nothing else needs to be done. If you are approved for another management company, but not RRG, we will ask you to enroll to meet our requirements as well. We have prepared a New Supplier Packet that can be found on our website: www.riverstoneres.com. Please click on the Purchasing page and the link to our packet is at the bottom of the screen. For more information on Compliance Depot, please visit their website at www,compliancedel2ot.com. All properties new to Riverstone Residential Group are given a 90 day "grace" period to pay current invoices and allow all suppliers time to become approved in Compliance Depot. If you decide that you do not wish to participate, please notify the property manager as soon as possible. Additional information on invoicing our properties is as follows: ✓ All invoices must be sent by you to the property for invoice coding and for payment. ✓ Please do not send invoices to our main office. This will delay payment significantly. ✓ Once the Property Manager of The Bristol at Southport approves an invoice, it will be sent to our main office for payment. All correspondence must be made with the on - site Property Manager. ✓ All accounts must be in the name of the property, not Riverstone Residential Group. ✓ Our policy dictates that we pay from original invoices and not from statements. Also, effective immediately, only the following associates may purchase items from your company. Property Manager: Marcie Bartlett Maintenance Supervisor: Ryan De Lorie If you have any questions, please do not hesitate to call our office at 206-282-5200. Sincerely, Jamie Taylor Regional Manager Riverstone Residential Group // , ��� �'/ CITY OF RENTON PLANNING / BUILDING / PUBLIC WORKS MEMORANDUM Date: February 6, 2008 To: City Clerk's Office From: Stacy Tucker Subject: Land Use File Closeout Please complete the following Information to facilitate project closeout and indexing by the City Clerk's Office. Project Name: Bristol II at Southport Wall Sign Variance LUA (file) Number: LUA-07-117 Cross -References: AKA's: Project Manager: Jill Ding Acceptance Date: October 10, 2007 Applicant: Jeffery Saeger Owner: Building C at Southport LLC Contact: Jeffery Saeger PID Number: 08230$9055 ERC Decision Date: ERC Appeal Date: Administrative Approval: November 1, 2007 Appeal Period Ends: November 15, 2007 Public Hearing Date: Date Appealed to HEX: By Whom: HEX Decision: Date: Date Appealed to Council: By Whom: Council Decision: Date: Mylar Recording Number: Project Description: The applicant is requesting an Administrative Variance t, the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The ro'ect site is located within the Urban Center - North 2 UC-N2 zone. Location: 1133 LAKE WASHINGTON BLVD N Comments: City of -Renton Department of Planning / Building / Public Works ENVIRONMENTAL & DEVELOPMENT APPLICATION REVIEW SHEET REVIEWING DEPARTMENT:M& COMMENTS DUE: OCTOBER 24, 2007 APPLICATION NO: LUA07-117, V-A DATE CIRCULATED: OCTOBER 10, 2007 APPLICANT: SEGO Development PROJECT MANAGER: PROJECT TITLE: Bristol II at Southport Wall Sign Variance PLAN RE an Illian SITE AREA: 163,996 square feet BUILDING AREA (gross: NIA LOCATION: 1133 Lake Washington Blvd N WORK _ORDER NO: 77824 SUMMARY OF PROPOSAL: The applicant is requesting an Administrative Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The project site is located within the Urban Center - North 2 (UC-N2) zone. A. ENVIRONMENTAL IMPACT (e.g. Non -Code) COMMENTS Element of the Environment Probable Minor Impacts Probable Major Impacts More information Necessary Earth Air Water Plants Land/Shoreline use Animals Environmental Health Energy/ Natural Resources B. POLICY -RELATED COMMENTS C. CODE -RELATED COMMENTS Element of the Environment Probable Minor impacts Probable Major Impacts More Information Necessary Housing Aesthetics Light/Glare Recreation utilities TranEpqrfation Public Services HistorkJCultural Preservation Airport Environment 10.000 Feet 14,000 Feet We have reviewed this application with particular attention to those areas in which we have expertise and have identified areas of probable impact or areas where additional information is needed to properly assess this proposal. Signature of Director or Authorized Representative I I-&n Date REPORT 8c DECISION City of Renton Department of Planning / Building / Public Works ADMINISTRATIVE VARIANCE LAND USE ACTION DECISION DATE November 1, 2007 Project Name Bristol II at Southport Sign Variance Owner/Applicant/ Jeffrey Saeger, SECO Development, 1083 Lake Washington Blvd N, Contact: Renton, WA 98056 File Number LUA-07-117, V-A Project Manager Jill K. Ding, Senior Planner Project Description The applicant is requesting an Administrative Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The project site is located within the Urban Center - North 2 (UC-N2) zone. Project Location 1133 Lake Washington Blvd N Bldg. Area gsf NIA Proposed Addition Area NIA Site Area 163,996 sq. ft. Total Building Area NIA City of Renton P/B/PW Department Administrative Variance Staff Report BRISTOL 11 AT SOUTHPORT WALL SIGN VARIANCE LUA-07-1i7 V A REPORT AND DECISION OF November 1, 2007 Page 2 of 5 A. Type of Land Use Action Conditional Use Site Plan Review Special Permit for Grade & Fill X I Administrative Variance B. Exhibits Binding Site Plan Shoreline Substantial Development Permit Administrative Code Determination The following exhibits were entered into the record: Exhibit 1: Yellow file containing: application, proof of posting and publication, and other documentation pertinent to this request. Exhibit 2: Bristol II South Elevation (dated 9/11/2007) Exhibit 3: Site Plan (dated 9/1112007) Exhibit 4: Leasing Office signage detail (dated 9127/2007) Exhibit 5. Resident's Club signage detail (dated 9/27/2007) Exhibit 6: Zoning Map, Sheet D4 west'/2 (dated 2/28/2007) C. Project Description / Background: The Bristol II at Southport residential building south of Coulon Park and west of Lake Washington Blvd N. The site is located in the Urban Center — North 2 (UC-N2) zoning designation; however it is vested to the Commercial/Office/Residential (COR) zoning requirements. Access to the development is provided off of a private street connecting to Lake Washington Blvd N. Renton Municipal Code Section 4-4-100E.4.a limits the number of signs permitted on an apartment building to a total of two signs not over 32 square feet in area on one face. To exceed the number of permitted signs, an Administrative Variance must be granted. The applicant, Jeffrey Saeger of SECO Development, is requesting approval of a variance for the installation of two wall signs in addition to the two signs permitted for a total of four signs on the project site. The proposed signs are to identify the Resident's Club and Leasing Office for the Bristol II. Each of the signs would total approximately 11 square feet in area on one face. FINDINGS, CONCLUSIONS & DECISION Having reviewed the written record in the matter, the City now makes and enters the following: D. Findings 1) Request: The applicant has requested approval for an administrative variance from the sign regulations, which limit the number of signs permitted for a mult-family AWAVAR 07.117.doc City of Renton P/B/PW Department Administrative Variance Staff Report BRISTOL Il AT SOUTHPORT WALL SIGN VARIANCE L_UA-07-117, V-A REPORT AND DECISION OF November 9, 2007 Page 3 of 5 residential development to two signs at a maximum size of 32 square feet on one face. The applicant has requested two additional signs, for a total of four signs, none of which would exceed the maximum area permitted of 32 square feet on one face. 2) Administrative Variance. The applicant's administrative variance submittal materials comply with the requirements necessary to process a variance. The applicant's site plan and other project drawings are entered as Exhibits 1 through 6. 3) Existing Land Use: Land uses surrounding the subject site include: North: Coulon Park (R-1 (P) zone); South: PSE substation (UC-N2 zone); East. PSE substation (UC-N2 zone); and West: Bristol I (UC-N2 zone). 4) Zoning: The site is located in the Urban Center — North 2 (UC-N2) zone, but the project is vested to the Commercial/Office/Residential (COR) zone. CONSISTENCY WITH VARIANCE CRITERIA Section 4-9-250B.5.a. Lists 4 criteria that the Zoning Administrator is asked to consider, along with all other relevant information, in making a decision on an Administrative Variance application. These include the following: The Zoning Administrator shall have authority to grant an administrative variance upon making a determination, in writing, that the conditions specified below have been found to exist: a. That the applicant suffers undue hardship and the variance is necessary because of special circumstances applicable to subject property, including size, shape, topography, location or surroundings of the subject property, and the strict application of the Zoning Code is found to deprive subject property owner of rights and privileges enjoyed by other property owners in the vicinity and under identical zone classification: The Bristol II is a part of the larger master planned development of Southport, which will include in addition to multi -family residential development, office, retail, and hotel uses. The Bristol II is a 203 unit mult-family complex that is comprised of 3 residential towers over a parking garage. Due to the scale of the Bristol II and the larger Southport planned development as a whole, wayfinding and identification signage will be important to ensure than residents, employees, and visitors are able to navigate through the site safely and effectively. The two additional signs that have been requested would identify the Leasing Office and Resident's Club of the Bristol II. The applicant contends that the additional signage is necessary to ensure that prospective residents unfamiliar to Southport would be able to locate the Leasing Office and Resident's Club. Staff concurs that the two additional wall signs identifying the Leasing Office and Resident's Club would be necessary as way -finding and location identification signs. The applicant's hardship is that the subject site contains a large scale multi- family structure that is composed of three residential towers, and that this large scale facility is located within the larger master planned community of Southport. Due to the scale and urban intensity of the Bristol 11 and the Southport development, way -finding and location identification signs will be important to ADMVAR 07-117.doc City of Renton P/8/PW Department Administrative Variance Staff Report BRISTOL 11 AT SOUTHPORT WALL SIGN VARIANCE LUA-07-117, V-A REPORT AND DECISION OF November 1, 2007 Page 4 of 5 ensure than potential residents and visitors do not become overwhelmed and are able to effectively navigate through the site to their desired destination. b. That the granting of the variance will not be materially detrimental to the public welfare or injurious to the property or improvements in the vicinity and zone in which subject property is situated: The applicant contends that the two additional signs requested would not be detrimental to the public welfare, but would in fact be beneficial to the public welfare as the proposed signs would provide directional assistance to potential residents and visitors of the Bristol II. Staff concurs that the granting of the variance would not be materially detrimental to the public welfare of injurious to surrounding properties or improvements and that the proposed way -finding and location identification signage would benefit visitors of the site who are not familiar with Southport. C. That approval shall not constitute a grant of special privilege inconsistent with the limitation upon uses of other properties in the vicinity and zone in which the subject property is situated: The approval of the variance request would not be a grant of special privilege. The proposed signs are not intended as additional advertising signs, they would simply function as way -finding and location identification signs for potential residents and visitors that may not be familiar with Southport. The City's signage regulations were written before the concept of large master planned communities became a reality within the City. They were intended for single use apartment structures and residential subdivisions. d. That the approval as determined by the Zoning Administrator is a minimum variance that will accomplish the desired purpose: The requested variance is the minimum necessary to provide way -finding and location identification signage to the leasing office and resident's clubs, which would not be easily identifiable without the proposed signage. F. Conclusions 1. The subject site is located at 1133 Lake Washington Blvd N, within the Urban Center — North 2 (UC-N2) zoning designation, but is vested to the Commercial/Office/Residential (COR). 2. The signage regulations permit a maximum of two signs at a maximum size of 32 square feet for one side. 3. The analysis of the proposal according to variance criteria is found in the body of the Staff Report. 4. Staff's analysis concludes that the applicant's proposal is justified based on the four applicable criteria needed to grant a variance. ADMVAR 07-117.doc City of Renton P/B/PW Departn,ont Adm„„dtrative Variance Staff Report BRISTOL II AT SOUTHPORT WALL SIGN VARIANCE LUA-07-117, V-A REPORT AND DECISION OF November 1, 2007 Page 5 of 5 F. Decision The Administrative Sign Variance for the Bristol 11 at Southport Wall Signs, File No. LUA-07-117, V-A, is approved. SIGNATURE: Nell Watts, Development Services Director TRANSMITTED this 1"' day of November, 2007 to the ApplicantlOwner/Contact: Jeffrey Saeger SECO Development 1083 Lake Washington Blvd N Renton, WA 98056 TRANSMITTED this I st day of November, 2007 to the Parties of Record: No Parties of Record TRANSMITTED this 15t day of November, 2007 to the following: Larry Meckling, Building Official Bob Van Horne, Deputy Fire Chief Neil Watts, Development Services Director Jennifer Henning, Current Planning Manager Gregg Zimmerman, Planning/Building/Public Works, Administrator Renton Reporter Land Use Action Appeals date The administrative land use decision will become final if the decision is not appealed within 14 days of the date of approval. An appeal of the decision must be filed within the 14 day appeal period (RCW 43.21.C.075(3); WAC 197-11-680), An appeal to the Hearing Examiner is governed by Title IV, Section 4-8-11.8, which requires that such appeals be filed directly with the Hearing Examiner via the City of Renton City Clerks Office. Appeals must be made in writing on or before 5:00 PM on November 15, 2007. Any appeal must be accompanied by a $75.00 fee and other specific requirements. THE APPEARANCE OF FAIRNESS DOCTRINE provides that no ex parte (private one-on-one) communications may occur concerning the land use decision. The Doctrine applies not only to the initial decision, but to Appeals to the Hearing Examiner as well. All communications after the decision/approval date must be made in writing through the Hearing Examiner. All communications are public record and this permits all interested parties to know the contents of the communication and would allow them to openly rebut the evidence in writing. Any violation of this doctrine could result in the invalidation of the appeal by the Court. ADWAR 07-i l7.doc _ cur m�grE� Kw kin �0 M, -� . m r'r E -I--rr• �- '.® 9.Il�j ; ; ,@I. ��' .fl�l.l ;ll�i ./ i1� �f�i�,l 11¢¢MMff 1 I'I: w w��11 ME_ N1 Rik' 10Ill's `1■ ®®�� Iliil,,• .,, I; { Itl; I f,'; rat ,,� i Ir I FY--.fly '. I;�s tsh�k�� t } � ■�r�i iml ox 'raOppr,yi�nyser� erienvi,iM'6mt�rr ioeieo+ w�ses�w:�r�d4ei. '11HIIiiidfii'I j ti i• .,L. Ii ®{Rimf T j i 0 013 � I a lD Z d oq L v w� O gt F- a _VI_ N O M F!l E E � ` �n n � a a �p E `m Z C 0 yN 6 X W a o U ,S� \ § k k s ƒ § §� ■ ■� § 7 6 u z } ( f / $ } E= §/ 2 p )§\ ( ) 3 § 2 I: §!o c G m m 2 g )/ ( 3C \ E L i t l C4 - 32 T24N R5E W 1/2 T R—e R-8 R-8 : R-B N 28th. St......., R-8(p) NQ_8 I R-8 °D R-B. R-8 R— R,_ g R .4 -R-4 R--4 N co z &��, ,R- R-4 L� -C -R _ 8 o R=4� -R-4 �% 4 RM-F 4CP) 1 N._.24th St. R-4 R - 8. R-4 C RM--F z R_4 NE RM-F z R-4'� _ Vj, R f R-4 tR INGTON R_4 do OD / {y RM—F x 6pl� f Or do T4ti .. R-MCP) R;.8. UC NZ. IH Gam, D QCf E4 • 8 T23N R5E W 1/2 q� o v ZONING — — — — Rantun city rsnliv ■eanoo D 4 ` P/W W r" M`WN 5 T23N ME W 1/2 5305 City o► ..dn(on Department of Planning / Building / Pubirc Works ENVIRONMENTAL & DEVELOPMENT APPLICATION REVIEW SHEET REVIEWING DEPARTMENT: l COMMENTS DUE: OCTOBER 24, 2007 APPLICATION NO: LUA07-117, V-A DATE CIRCULATED: OCTOBER 10, 2007 APPLICANT: SEGO Development PROJECT MANAGER: Jill Din PROJECT TITLE: Bristol II at Southport Wall Sign Variance PLAN REVIEW: Jan Illian 1,;0 1 of "`1,`"" SITE AREA: 163,996 square feet BUILDING AREA (gross): N/A LOCATION: 1133 Lake Washington Blvd N WORK ORDER NO: 77824 SUMMARY OF PROPOSAL: The applicant is requesting an Administrative Variance to the sign regu4tEtit Ikt0n5WI8iQW than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The project site is located within the Urban Center - North 2 (UC-N2) zone. A. ENVIRONMENTAL IMPACT (e.g. Non -Code) COMMENTS Element of the Environment Probable Minor Impacts Probable Major Impacts More information Necessary Earth Air Water Plants Land/Shoreline Use Animals Environmental Health Enargy/ Natural Resources r11WKt B. POLICY -RELATED COMMENTS Now C. ,'CJO^ DE -RELATED COMMENTS k)9 �f Element of the Environment Probable Minor Impacts Probable Major Impacts More Information Necessary Housin Aesthetics Li htlGlare Recreation Utilities Transportation Pubfic Services Historic/Cultural Preservation Airport Environment 10,000 Feet 14,00 Feet We have reviewed this application with particular attention to those areas in which we have expertise and have identified areas of probable impact or areas where additional information is needed to property assess this proposal. sigd of Director or Authorized Representative Date City of r%dnton Department of Planning / Building / Public, ..orks ENVIRONMENTAL & DEVELOPMENT APPLICATION REVIEW SHEET REVIEWING DEPARTMENT: COMMENTS DUE: OCTOBER 24, 2007 APPLICATION NO: LUA07-117, V-A DATE CIRCULATED: OCTOBER 10, 2007 n APPLICANT: SECO Development PROJECT MANAGER: Jill Ding 90=i G rn PROJECT TITLE: Bristol II at Southport Wall Sign Variance PLAN REVIEW: Jan Illian ?� SITE AREA: 163,996 square feet BUILDING AREA ross : NIArn t� LOCATION: 1133 Lake Washington Blvd N WORK ORDER NO: 77824 ID a Z 7- 4-1 SUMMARY OF PROPOSAL: The applicant is requesting an Administrative Variance to the sign regulations to hav9more thanvj signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additionavwall signs TOT— a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The project site is located within the Urban Center - North 2 (UC-N2) zone. A. ENVIRONMENTAL IMPACT (e.g. Non -Code) COMMENTS Element of the Environment Probable Minor Impacts Probable Major Impacts More Information Necessary Earth Air Water Plants Land/Shoreline Use Animals Environmental Health Energy/ Natural Resources Element of the Environment Probable Minor Impacts Probable Major Impacts Moro Information Necessary Housin Aesthetics Li ht/Glato Recreation Utilities Transportation Public Services HistoricJCultural Preservation Airport Environment 10,000 Feet 14,000 Feet atiC /u7 7Z) ��l,Co. B. POLICY -RELATED COMMENTS 1,6 lc�,t�o, C. CODE -RELATED COMMENTS We have reviewed this application with particular attention to those areas in which we have expertise and have identified areas of probable impact or areas where additional information ' needed to property assess this proposal. C-A - .2 1 Signature o Director or Aut prized Representative Date City o, )ton Department of Planning / building / PUL ENVIRONMENTAL & DEVELOPMENT APPLiCA ✓orks TION REVIEW SHEET REVIEWING DEPARTMENT: AMRegim COMMENTS DUE: OCTOBER 24, 2007 APPLICATION NO: LUA07-117, V-A DATE CIRCULATED: OCTOBER 10, 2007 APPLICANT: SECO Development PROJECT MANAGER: Jill Din PROJECT TITLE: Bristol II at Southport Wall Sign Variance PLAN REVIEW: Jan Illian SITE AREA: 163,996 square feet BUILDING AREA (gross): NIA R E C E ! V E D LOCATION: 1133 Lake Washington Blvd N WORK ORDER NO: 77824 SUMMARY OF PROPOSAL: The applicant is requesting an Administrative Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like t, J&@lW4PfflAIgig� s for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The proje�f'�ite is located within the Urban Center - North 2 (UC-N2) zone. A. ENVIRONMENTAL IMPACT (e.g. Non -Code) COMMENTS Element of the Environment Probable Minor Impacts Probable Major Impacts More Information Necessary Earth Air Water Plants LandlShoreline Use Animals Environmental Health Energyl Natural Resources B. POLICY -RELATED COMMENTS C. CODE -RELATED COMMENTS Element of the Environment Probable Minor Impacts Probable 41*1- Impacts More Information Necessary Housing Aesthetics Li htlGlare Recreation Utilities Trans ortation Public Services HistoriclCultural Preservation Airport Environment 10, 000 Feat 14,000 Feet We have reviewed this application with particular attention to those areas in which we have expertise and have identified areas of probable impact or areas where additional information is naoded to properly assess this proposal. Signature of Director or Date - 4do Zj1Z2-'1 — City o, iton Department of Planning / Building / PUL ENVIRONMENTAL & DEVELOPMENT APPLICA Vorks TION REVIEW SHEET REVIEWING DEPARTMENT: FircCOMMENTS DUE. OCTOBER 24, 2007 APPLICATION NO: LUA07-117, V-A DATE CIRCULATED: OCTOBER 10, 2007 APPLICANT: SECO Development PROJECT MANAGER: Jill Din PROJECT TITLE: Bristol II at Southport Wall Sin Variance PLAN REVIEW: Jan Illian SITE AREA: 163,996 square feet BUILDING AREA (gross): NIA LOCATION: 1133 Lake Washington Blvd N WORK ORDER NO: 77824 SUMMARY OF PROPOSAL: The applicant is requesting an Administrative Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The project site is located within the Urban Center - North 2 (UC-N2) zone. A. ENVIRONMENTAL IMPACT (e.g. Non -Code) COMMENTS Element of the Environment Probable Minor Impacts Probable Major Impacts More Information Necessary Earth Air water Plants Land/Shoreline Use Animals Environmental Health Energy) Natural Resources B. POLICY -RELATED COMMENTS C. CODE -RELATED COMMENTS Element of the Environment Probable Minor Impacts Probable Major impacts More Information Necessary Housing Aesthetics Light/Glare Recreation Utilities transportation Public Services HistonclCullural Preservation Airport Environment 10,000 Feet 14,000 Feet We have reviewed this application with particular attention to those areas in which we have expertise and have identified areas of probable impact or areas where additional information is needed to properly assess this proposal. /o ~ f I - 07 ignature of Director or Authorized Representative Date City of ton Department of Planning / Building / Pub. /orks ENVIRONMENTAL & DEVELOPMENT APPLICATION REVIEW SHEET REVIEWING DEPARTMENT: (� `b�j COMMENTS DUE: OCTOBER 24, 2007 APPLICATION NO: LUA07-117, V-A DATE CIRCULATED: OCTOBER 10, 2007 APPLICANT: SECO Development PROJECT MANAGER: Jill Ding R E C E I V E D PROJECT TITLE: Bristol ll at Southport Wall Sign Variance PLAN -REVIEW: Jan Illian SITE AREA: 163,996 square feet BUILDING AREA (gross): N/A LOCATION: 1133 Lake Washington Blvd N WORK ORDER NO: 77824 BUILDING DIVISION SUMMARY OF PROPOSAL: The applicant is requesting an Administrative Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet. The project site is located within the Urban Center - North 2 (UC-N2) zone. A. ENVIRONMENTAL IMPACT (e.g. Non -Code) COMMENTS Element of the Environment Probable Minor Impacts Probable Major Impacts More Information Necessary Earth Air Water Plants Land/Shoreline Use Animals Environmental Health Energy/ Natural Resources B. POLICY -RELATED COMMENTS N�wE C. CODE -RELATED COMMENTS NUffe Element of the Environment Probable Minor Impacts Probable Major Impacts More Information Necessary Housing Aesthetics Li ht/Glara Recreation Utilities Transportation Public Services HistoriclCultural Preservation Airport Environment 10,000 Feet 14,000 Feet We have reviewed this application with particular attention to those areas in which we have expertise and have identified areas of probable impact or areas whe dditicnal information is needed to properly assess this proposal. Si tore o Directo r Authorize epresentative Date CITY OF RENTON CURRENT PLANNING DIVISION AFFIDAVIT OF SERVICE BY MAILING On the 101h day of October, 2007, 1 deposited in the mails of the United States, a sealed envelope containing Acceptance Letter & NOA documents. This information was sent to: Name -Representing Jeffrey Saeger, SECO Development Owner/Applicant/Contact Surrounding Property Owners See Attached (Signature of Send STATE OF WASHINGTON )`" ) SS COUNTY OF KING ) I certify that I know or have satisfactory evidence that Stacy Tucker signed this instrument and acknowledged it to be his/her/their free and voluntary act fqt purposes mentioned in the instrument. Dated: 10. t5 -0 7 otary Public in and for Notary (Print): My appointment expires: a1�1�-1C7 Project Name: Bristol I at Southport Wall Sign Variance Project Number: LUA07-117, V-A I j nd Sta otiAlasbirigton s _S 111111 It +W vv .oI-i l7 byqol 082305905505 082305902700 BUILDING C AT SOUTHPORT L L C BURLINGTON NORTHRN SANTA FE 1083 LAKE WASHINGTON BLVD N STE ATTN PROP TAX #50 PO BOX 96189 RENTON WA 98056 FORT WORTH TX 76161 334450000602 PUGET WESTERN INC 19515 N CREEK PKWY 310 BOTHELL WA 98011 8200 052305907504 SOUTHPORT ONE LLC 1083 LAKE WASHINGTON BLVD N #50 RENTON WA 98056 334450000701 SCHUMSKY DON & MARGE 2019 ]ONES AVE NE RENTON WA 98056 082305919100 PUGET SOUND ENERGY/ELEC PROPERTY TAX DEPT P 0 BOX 90868 BELLEVUE WA 98009 052305907603 SECO DEVELOPMENT INC 10843 NE 8TH ST STE 200 BELLEVUE WA 98004 NOTICE OF APPLICATION A Master Application has dean Ned and accepted with the Development Services Division of the City of Renton. The lollowing briefly describes the application and the nauaaary Public Approvals. PROJECT NAMEINUMSER: Bristol II at Southport Wall Sign Variance I LUA07-117, V-A PROJECT DESCRIPTION: The applicant is requesting an Administratve Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol II at Southport. The bvilding has two existing aigns and would like two addiS cnal wall signs for a total 0 4 signs None of the signs would exceed the maximum allowable residential sign size of 32 square feel. The project site is located within the Urban Center - North 2 (UC-1,12) zone. PROJECT LOCATION: 1133 Lake Washington BHd N PUBLIC APPROVALS: Administrative Variance approval APPLICANTIPROJECT CONTACT PERSON, Jeffrey Saeger, SECP 0avelopment, Tel (206) 371-6434: Eml: jsaeger(Mseccdev con Commenta on the above application must be submitted in writing to Jill Ding, Senior Planner, Development Services Division, 1055 South Grady Way, Renton, WA 98057, by 5:00 PM on October 24, 2007. If you have questions about this proposal, of wish to be made a parry of record and receive additional notibceton by mail. contact the Project Managar st {425) 430-7219. Anyone who submits written comments will automatically becorna a parry of record and Will be notified of any decision on this project, PLEASE INCLUDE THE PROJECT NUMBER WHEN CALLING FOR PROPER FILE IDENTIFICATION DATE OF APPLICATION: October 2, 2007 NOTICE OF COMPLETE APPLICATION: October 10, 2007 DATE OF NOTV If you would like to be made a party of record to receive further Information on this proposed project, complete this form and return to, City of Renton, Deyelopment Planning, 1055 South Grady Way, Renton, WA 98057, Fde Name I No., Bristol II at Southport Wall Sign Variance I LUA07-t 17, V-A Ni MAILING ADDRESS', TELEPHONE NO.: _ CERTIFICATION I, SFt�VjU g L hereby certify that copies of the above d.°�itt, I! were posted by me in conspicuous places or nearby the described prop �'`� S drQ S o1* DATE:- Lb -ga -off SIGNED: 17 S r Z A i ATTEST: Subscribed and sworn before me, a Notary Public, in and for the State of Washington resi4ln Owl = t— on the 1[ *" day of NOTARY Pu IC SIGNA '"', �i SECO DEVELOPMENT l.O Gs �ewo �If'G DLL 6 OCA t 0 1507 ftlECEIVED 1083 LAKE WASHINGTON BLVD. N • SUITE 50 • RENTON • WASHINGTON • 98056 TEL: 425/282-0888 • FAX: 425/282-0883 City of Renton Development Services Attn.: Laureen Nicolay 1055 South Grady Way Renton WA 98057 Re: Variance for Permanent Wall Signage at Bristol 2 @ Southport Ms. Nicolay: Attached is the corrected Land Use Permit Master Application for the Bristol 2 Wall Sign Variance. The name of the Property Owner has been revised to match that listed on the Title Report. If you have any questions or require any clarification, please contact me a 206-371-6434 or via e-mail @ isaeaer@secodev.com. Sincerely, 7 Trre Sae r Y 9 Project Manager SECO Development I of 1 PLAN City of Renton pE'VcO o REt�il•On iNG LAND USE PERMIT on i o n97 MASTER APPLICATION 1'6ce'\jE-0 I PROPERTY OWNER(S) PROJECT INFORMATION NAME: Building C at Southport LLC and JS JSLAND LLC, as tenants in common, dba Bristol ll. PROJECT OR DEVELOPMENT NAME: Bristol II @ Southport Wall Sign Variance ADDRESS: 1083 bake Washington Blvd. N. PROJECT/ADDRESS(S)/LOCATION AND ZIP CODE: 1133 Lake Washington Blvd. N; Renton, WA 98056 CITY: Renton, WA ZIP: 98056 KING COUNTY ASSESSOR'S ACCOUNT NUMBER(S): #0823089055 TELEPHONE NUMBER: 425-282-5833 APPLICANT (if other than owner) EXISTING LAND USE(S): Mixed Use: Multi -family wlretail NAME: COMPANY (if applicable): PROPOSED LAND USE(S): SAME ADDRESS: EXISTING COMPREHENSIVE PLAN MAP DESIGNATION: Urban Center North CITY: ZIP: PROPOSED COMPREHENSIVE PLAN MAP DESIGNATION (if applicable). SAME TELEPHONE NUMBER EXISTING ZONING: UC-N2 CONTACT PERSON PROPOSED ZONING (if applicable): SAME NAME: Jeffrey Saeger SITE AREA (in square feet): 163,996 COMPANY (if applicable): SECO Development SQUARE FOOTAGE OF PUBLIC ROADWAYS TO BE DEDICATED: 0 ADDRESS: 1083 Lake Washington Blvd N SQUARE FOOTAGE OF PRIVATE ACCESS EASEMENTS: 16,600 CITY: Renton, WA ZIP: 98056 PROPOSED RESIDENTIAL DENSITY IN UNITS PER NET ACRE (if applicable): SAME TELEPHONE NUMBER AND E-MAIL ADDRESS: 206-371-6434; jsaeger@secodev.com NUMBER OF PROPOSED LOTS (if applicable): NA Q:web/pw/devservlfarmslplanning/masterapp.doc 1 10/04/07 PR JECT INFORMA NUMBER OF NEW DWELLING UNITS (if applicable): NA NUMBER OF EXISTING DWELLING UNITS (if applicable): 195 SQUARE FOOTAGE OF PROPOSED RESIDENTIAL BUILDINGS (If applicable): 195 SQUARE FOOTAGE OF EXISTING RESIDENTIAL BUILDINGS TO REMAIN (if applicable): 178,004 SQUARE FOOTAGE OF PROPOSED NON-RESIDENTIAL BUILDINGS (if applicable): NA SQUARE FOOTAGE OF EXISTING'NON-RESIDENTIAL BUILDINGS TO REMAIN (if applicable): 14,719 NET FLOOR AREA OF NON-RESIDENTIAL BUILDINGS (if applicable): NA NUMBER OF EMPLOYEES TO BE EMPLOYED BY THE NEW PROJECT (if applicable): NA TION conth PROJECT VALUE: $2,500 IS THE SITE LOCATED IN ANY TYPE OF ENVIRONMENTALLY CRITICAL AREA, PLEASE INCLUDE SQUARE FOOTAGE (if applicable): NA ❑ AQUIFER PROTECTION AREA ONE ❑ AQUIFER PROTECTION AREA TWO ❑ FLOOD HAZARD AREA sq. ft. ❑ GEOLOGIC HAZARD sq. ft. ❑ HABITAT CONSERVATION sq. ft. ❑ SHORELINE STREAMS AND LAKES sq. ft. ❑ WETLANDS sq. ft. I LEGAL DESCRIPTION OF PROPERTY (Attach legal description on separate sheet with the following information included) SITUATE IN THE NW QUARTER OF SECTION 08, TOWNSHIP 23N, RANGE 05E , IN THE CITY OF RENTON, KING COUNTY, WASHINGTON. TYPE OF APPLICATION & FEES List all land use applications being applied for: 1. Sienayie Variance for (2) wall sins 2. Staff will calculate applicable fees and postage: $ R 4. I AFFIDAVIT OF OWNERSHIP I 1, (Print Namels) fy1lat\eA (. V01EI _ _, declare that I am (please check one) V the current owner of the property involved In this application or the authorized representative to act for a corporation (please attach proof of authorization) and that the foregoing statements and answers herein contained and the Information herewith are in all respects true and correct to the best of my knowledge and belief. I certify that I know or have satisfactory evidence that KOkcktA Vkri-c+ signed this instrument and acknowledged it to be his/her/their free and voluntary act for the / uses and purposes mentioned in the instrument. (Signature of OwnerlRepfesentative) (Signature of Owner/Representative) Notary Public in and for the Stale of Washington Notary(Print) �� 1 V 1 A, OY 2ns+✓+ti My appointment expires: I L/ I —I /ZooB ,,+,11HIIIfffl! N 510N t� 40 c 'O; WAS'A',•�• /'JfJJ1/1111"tt Q; web/pw/devscrv/forms/planning/masterapp.doc 2 10/04/07 NOTICE OF APPLICATION A Master Application has been filed and accepted with the Development Services Division of the City of Renton. The following briefly describes the application and the necessary Public Approvals. PROJECT NAMEINUMBER: Bristol II at Southport Wall Sign Variance 1 LUA07-117, V-A PROJECT DESCRIPTION: " The applicant is requesting an Administrative Variance to the sign regulations to have more than 2 signs on a residential lot for the Bristol 11 at Southport. The building has two existing signs and would like two additional wall signs for a total of 4 signs. None of the signs would exceed the maximum allowable residential sign size of 32 square feet The project site is located within the Urban Center - North 2 (UC-N2) zone. PROJECT LOCATION: 1133 Lake Washington Blvd N PUBLIC APPROVALS: Administrative Variance approval APPLICANTIPROJECT CONTACT PERSON: Jeffrey Saeger, SECO Development; Tel: (206) 371-6434; Eml: jsaeger@secodev.com Comments on the above application must be submitted in writing to Jill Ding, Senior Planner, Development Services Division, 1066 South Grady Way, Renton, WA 98057, by 6:00 PM on October 24, 2007. If you have questions about this proposal, or wish to be made a party of record and receive additional notification by mail, contact the Project Manager at (425) 430-7219. Anyone who submits written comments will automatically become a party of record and will be notified of any decision on this project. PLEASE INCLUDE THE PROJECT NUMBER WHEN CALLING FOR PROPER FILE IDENTIFICATION DATE OF APPLICATION: October 2, 2007 NOTICE OF COMPLETE APPLICATION: October 10, 2007 DATE OF NOTI( If you would like to be made a party of record to receive further information on this proposed project, complete this form and return to: City of Renton, Development Planning, 1055 South Grady Way, Renton, WA 98057. File Name 1 No.: Bristol II at Southport Wall Sign Variance 1 LUA07-117, V-A NAME: MAILING ADDRESS: TELEPHONE NO.: • L,uAo1 -117 City of Renton � V coo 1 � Al LAND USE PERMIT,,, - 2 z997 MASTER APPLICATI0Nft-*;'z1�'E"D PROPERTY OWNER(S) NAME: SECO Development, Inc. (Owner Rep: Jeff Saeger) ADDRESS: 1083 Lake Washington Blvd. N. CITY: Renton, WA ZIP: 98056 TELEPHONE NUMBER: 425-282-5833 APPLICANT (if other than owner) NAME: COMPANY (If applicable): ADDRESS: CITY: ZIP: TELEPHONE NUMBER CONTACT PERSON NAME: Jeffrey Saeger COMPANY (if applicable): SECO Development ADDRESS: 1083 Lake Washington Blvd N CITY: Renton, WA ZIP: 98056 TELEPHONE NUMBER AND E-MAIL ADDRESS: 206-371-6434; jsaeger@secodev.com PROJECT INFORMATION PROJECT OR DEVELOPMENT NAVE: waw Bristol II @ SouthporeSign Variance PROJECT/ADDRESS(S)/LOCATION AND ZIP CODE: 1133 Lake Washington Blvd. N; Renton, WA 98056 KING COUNTY ASSESSOR'S ACCOUNT NUMBER(S): #0823089055 EXISTING LAND USE(S): Mixed Use: Multi -family wlretail PROPOSED LAND USE(S): SAME EXISTING COMPREHENSIVE PLAN MAP DESIGNATION: Urban Center North PROPOSED COMPREHENSIVE PLAN MAP DESIGNATION (if applicable): SAME EXISTING ZONING: UC-N2 PROPOSED ZONING (if applicable): SAME SITE AREA (in square feet): 163,996 SQUARE FOOTAGE OF PUBLIC ROADWAYS TO BE DEDICATED: 0 SQUARE FOOTAGE OF PRIVATE ACCESS EASEMENTS: 16,600 PROPOSED RESIDENTIAL DENSITY IN UNITS PER NET ACRE (if applicable): SAME NUMBER OF PROPOSED LOTS (if applicable): NA Q:web/pw/devserv/forms/planning/mastetapp.doc 1 09/26/07 I `.OJECT INFORMATION (cor NUMBER OF NEW DWELLING UNITS (if applicable): NA NUMBER OF EXISTING DWELLING UNITS (if applicable): 195 SQUARE FOOTAGE OF PROPOSED RESIDENTIAL BUILDINGS (if applicable): 195 SQUARE FOOTAGE OF EXISTING RESIDENTIAL BUILDINGS TO REMAIN (if applicable): 178,004 SQUARE FOOTAGE OF PROPOSED NON-RESIDENTIAL BUILDINGS (if applicable): NA SQUARE FOOTAGE OF EXISTING NON-RESIDENTIAL BUILDINGS TO REMAIN (if applicable): 14,719 NET FLOOR AREA OF NON-RESIDENTIAL BUILDINGS (if applicable): NA NUMBER OF EMPLOYEES TO BE EMPLOYED BY THE NEW PROJECT (if applicable): NA PROJECT VALUE: $2,500 IS THE SITE LOCATED IN ANY TYPE OF ENVIRONMENTALLY CRITICAL AREA, PLEASE INCLUDE SQUARE FOOTAGE (if applicable): NA ❑ AQUIFER PROTECTION AREA ONE ❑ AQUIFER PROTECTION AREA TWO ❑ FLOOD HAZARD AREA sq. ft. ❑ GEOLOGIC HAZARD sq. ft. ❑ HABITAT CONSERVATION sq. ft. ❑ SHORELINE STREAMS AND LAKES sq. ft. ❑ WETLANDS sq. ft. I LEGAL DESCRIPTION OF PROPERTY I (Attach legal description on separate sheet with the following information included) SITUATE IN THE NW QUARTER OF SECTION 08, TOWNSHIP 23N, RANGE 05E , IN THE CITY OF RENTON, KING COUNTY, WASHINGTON. TYPE OF APPLICATION & FEES List all land use applications being applied for: 1. _ Signage Variance Gli 3. 2. Mae, 2 4. Staff will calculate applicable fees and postage: $ I AFFIDAVIT OF OWNERSHIP I I, (Print Namels)-JFr'F'fc�-- lc- • JRVECO&A , declare that I am (please check one) the current owner of the property Involved in this application or thO authorized representative to act for a corporation (please attach proof of authorization) and that the foregoing statements and answers herein contained and the information herewith are In all respects true and correct to the best of my knowledge and belief. I certify that I know or have satisfactory evidence that y e ff Yt' � Sae ei _ signed this instrument and acknowledged it to be his/h&L eir fretAnd v uWary act for the uses and purposes mentioned in the instrument. ( of O er/Represents6e) (Signature of OwnedRepresentative) Notary Public in and for the State of Washington Notary (Print) OI iy l o_ S ore.h.et2. My appointment expires: I I O a ,`ti�111111rrrr � .' 010jyF�.s� co�taOTARI-- G 9�,•p��V 8L�a4�.•,��2 /11111111100 Q:web/pw/devserv/forms/planning/masterapp.doc 2 09/26/07 0$'/09/2007 THV 13:57 Fax 4254307231 City of Renton aEV SVCS 1&002/003 OpME�EtmN1NG DEVELOPMENT SERVICES DIVISION �,,)NAIVER OF SUBMITTAL REQUIREMENTS pp� FOR LAND USE APPLICATIONS Y gl. 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Drainage Report 2 Environmental Checklist A (Existing Easements (Recorded Copy) 4 1 1 1 1 oor Plans 3AN04 Plan. Conceptual 2 `Habitat Data Report , Irrigation Plan Landscape Plan, Conceptual Legal Description a Mailing Labels for Property Owners < 1 1 1 1 -" /OasterApplication Form Jeighborhood Detail Map,, 'his requirement may be waived by: Property Services Section Public Works Plan Review Section Building Section Development Planning Section PROJECT NAME: S 62 DATE: g/ 2 LO _ O5'/09/2007 THU 13, 57 FAX 4254307231 City of Renton osv SVCS U003/003 DEVELOPMENT SERVICES DIVISION WAIVER OF SUBMITTAL REQUIREMENTS FOR LAND USE APPLICATIONS a..A .� ne; �^ :•r-,Pr"�s^r;4^„x;�P.x `Kr-vr:`< < g �: �Y r 'Y: rx:rT=•rry"+rs:,g c. .Pr. •xY'k':"'.....t..„ r,�r�vK=xq.Kn.-K,:b> xn„"o�:isS„�%=:[:a.::Av:Kra.,.w•t'.""".',..';';'"'X'b>k . .Ya K':�:•K%Kax[..a,..t ,: <.: .> •: .>• �rtlot. 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'�1�nc��RapoF:�7�fm.!��.prl -•' ' •:a''R;" .�4 •�"➢. -`t' Lei - i:n't, rwZw :n,:n K,.:Y �a:i�ra:w: w.x�x �., �f •.;�� „_; trZ„5^it..>n i'- is �-•'"'•1.�^'h. �S'.^.pK Wireless: Applicant Agreement Statement 2 A14D 3 Inventory of Existing Sites 2AND3 Lease Agreement, Draft 2 AND 3 Map of Existing Site Conditions 2AND 3 Map of View Area 2 AND 3 Photosimulatians 2 ANo 3 This requirement may be waivd.d by: 1. Property Services Section 2. Public Works Plan Review Section 3. Building Section 4. Development Planning Section PROJECT NAME: DATE:j 1 DEVELOPMENT PLANNING CITY OF RFNrfO�J OCT - 2 2007 SECO DEVELOPMENT 1083 LAKE WASHINGTON BLVD. N • SUITE 50 # RENTON • WASHINGTON • 98056 TEL: 425/282-0888 • FAx: 425/282-0883 City of Renton Development Services Attn.: Laureen Nicolay 1055 South Grady Way Renton WA 98057 Re: Pre -Application Project Narrative — Variance for Permanent Signage at Bristol 2 @ Southport Ms. Nicolay: This letter is submitted as the Project Narrative for the Variance Submittal required for installation of additional permanent signage at Seco Development's Bristol 2 project. The Bristol 2 project site, located at 1133 Lake Washington Blvd. North, is situated at the southern end of Lake Washington, between the Boeing plant to the west and Gene Coolant Park to the east, in an area known as Southport. Land Use permits required for the project are limited to the Variance Request which is the reason for this narrative; in addition to the two Permanent Signage permits for which the Variance is required. The current use of the site is a 195-Unit multi -family / mixed use project, consisting of 3 separate buildings; Buildings E, F and G. These residential buildings contain 178,004 sf, and are located above 2-levels of parking. One level is below ground with the second at grade. Eleven retail units, comprising 14,719 sf, front the grade level parking. Site features include Gene Coulan Park which borders the property to the east/northeast; Lake Washington which directly abuts Southport, and is approximately 300' north of Bristol 2. Bristol 2 and Southport have relatively flat topography, with a gradual grade from the southwest towards the park to the northeast. Soil types are alluvial deposited sand and sifts, and are well drained. Ground water depths which are affected by the close proximity to the lake, range from T to 10'. The proposed additional signage consists of two sets of water -cut aluminum letters, 1/2" thick and 12" high with a dark brown polyurethane finish. The two signs; `Resident's I of z Club' and `Leasing Center', will cover approximately 10 square feet each, and will be epoxy pin -mounted into the brick faSade on the front of the two areas. The existing multi-family/retail use of the site will not be altered by the installation of the two signs. Total cost for the two signs is $2,500. Installation of the signage requires no off -site improvements. The proposed signage requires no excavation or fill; no removal of trees; nor placement of any job shacks and sales trailers, or construction of model homes. There is no vacation or dedication of land associated with the proposed signage. Bristol 2 is located over 300 feet from the shores of Lake Washington. If you have any questions or require any clarification, please contact me a 206-371-6434 or via e-mail @ jsaeger@secodev.com. Sincerely, ]effrey Saeger L Project Manager SECO Development 2of2 DEVELOPMENT PLANNING * CITY OF REi ITON OCT - 2 2007 JUSTIFICATION FOR VARIANCE REQUEST A VARIANCE IS REQUESTED FOR CITY OF RENTON DEVELOPMENT REGULATION 4-4-100E; WHICH REGULATES THE SIZE, NUMBER AND HEIGHT OF PERMANENT SIGNAGE. PARAGRAPH 4.A OF THIS SECTION STATES THAT ".....APARTMENT BUILDINGS..... LOCATED IN RESIDENTIAL AND MIXED -USE ZONES MAY HAVE TWO (2) ON -PREMISES IDENTIFYING SIGNS OF NOT OVER THIRTY-TWO (32) SQUARE FEET IN AREA ON ONE FACE. PREVIOUS APPLICATIONS FOR PERMANENT SIGNAGE (APPLICATION NOS. 5070105 & S070157) PROPOSED THE FOLLOWING TWO SIGNS: 1) AN IDENTIFYING SIGN FOR THE ENTIRE BRISTOL 2 COMMUNITY ON THE FACADE OF THE MIDDLE BUILDING (BUILDING F) OF THE THREE BUILDING (BUILDINGS E, F, G) BRISTOL 2 COMPLEX. (SEE EXHIBIT A); AND 2) A SIGN INDICATING PUBLIC PARKING, LOCATED ON THE WEST SIDE OF THE WESTERN MOST BUILDING, BUILDING E (SEE EXHIBIT B). THIS VARIANCE IS REQUESTED FOR TWO ADDITIONAL SIGNS TO BE LOCATED ON THE BUILDING F FACADE. THESE TWO SIGNS WOULD BE IDENTIFYING THE RESIDENT'S CLUB AND LEASING CENTER FOR BRISTOL 2. SEE EXHIBITS C (RESIDENT'S CLUB) AND D (LEASING CENTER) ATTACHED. BOTH OF THESE SIGNS IDENTIFY IMPORTANT ASPECTS OF THE BRISTOL 2 RESIDENTIAL HOUSING AND SERVE AS WAY -FINDING AND LOCATION IDENTIFYING SIGNS FOR THE PROJECT. CLEAR INDICATION OF WHERE ONE IS TO GO TO START THEIR SEARCH FOR HOUSING AT SOUTHPORT IS IMPORTANT TO THE FUTURE RESIDENTS AND IN TURN THE ECONOMIC VIABILITY OF THE BRISTOL. NOT BEING ABLE TO PROVIDE THIS WOULD PRESENT A DISTINCT ECONOMIC HARDSHIP TO THE PROJECT. WITH THREE BUILDINGS AND ELEVEN RETAIL SPACES, IDENTIFICATION OF THE `LEASING CE_ NTER' IS ESSENTIAL TO PROSPECTIVE RESIDENTS, BOTH FOR THOSE NEW TO THE AREA OR ANYONE UNFAMILIAR WITH THE SOUTHPORT. AN INABILITY TO LEASE IS THE DEATH KNELL FOR ANY DEVELOPMENT, RESIDENTIAL OR COMMERCIAL. THE ECONOMIC HARDSHIP CAUSED BY FAILED LEASE - UPS IS REAL, NOT ONLY TO SOUTHPORT, BUT ALSO TO THE CITY OF RENTON AND ITS CONTINUING REVITALIZATION. CLEAR IDENTIFICATION OF WHERE TO GO TO INQUIRE ABOUT LEASING IS THE FIRST STEP IN THAT LEASE -UP PROCESS AND IS A PRIVILEGE ENJOYED BY OTHER PROPERTY OWNERS IN THE AREA AND PROPERTY OWNERS IN AREAS WITH SIMILAR ZONING CLASSIFICATIONS. LEASE -UP IS ALSO FACILITATED BY WHAT BRISTOL HAS TO OFFER TO RESIDENTS. THE HIGH -END FINISHES OF THE INDIVIDUAL LIVING UNITS, ARE COMPLIMENTED BY THE SOPHISTICATED INTERIOR OF THE COMMUNITY AREA/AMENITY SPACE AT THE BRISTOL. THIS AMENITY SPACE AT THE BRISTOL WILL BE KNOWN AS THE `RESIDENT'S CLUB', AND IDENTIFYING THIS SPACE IS THE PURPOSE OF THE OTHER SIGN INCLUDED IN THIS VARIANCE REQUEST. THE INABILITY TO CLEARLY IDENTIFY ITS LOCATION WOULD PRESENT A DISTINCT ECONOMIC HARDSHIP TO THE BRISTOL PROJECT. REASON BEING THE RESIDENT'S CLUB WILL BE A BEAUTIFUL FACILITY THAT PRESENTS AN EXCITING AMENITY, AVAILABLE TO BOTH BRISTOL RESIDENTS AS WELL AS THEIR GUESTS. KNOWING THIS FEATURE IS AVAILABLE WILL FACILITATE LEASE -UP AND HELP PREVENT THE ECONOMIC HARDSHIP THAT WOULD RESULT FROM A FAILED LEASE -UP PROCESS. THE FINISHES OF THE MATERIALS AND THE ARCHITECTURAL PRESENCE OF THE RESIDENT CLUBS INTERIOR WILL PROVIDE A SOOTHING RESPITE FOR INDIVIDUAL OR SMALL PARTIES, AS WELL AS AN ELEGANT GATHERING FACILITY FOR LARGER GROUPS. PROVIDING CLEAR IDENTITY OF THE RESIDENT'S CLUB LOCATION ON ONES VISIT TO SOUTHPORT IS IMPORTANT, BOTH FOR THE CONTINUED MARKETING AND SUCCESS OF SOUTHPORT, BUT ALSO FOR NON-RESIDENTS WHO WILL BE INVITED TO ATTEND FUNCTIONS AT THE CLUB. IDENTIFICATION OF THE BRISTOL LEASING CENTER AND RESIDENT'S CLUB, AND THEIR IMPORTANCE TO THE SUCCESS OF THE REVITALIZATION OF RENTON AND THE LAKE WASHINGTON WATERFRONT IS IN NO WAY DETRIMENTAL TO THE PUBLIC WELFARE OR INJURIOUS TO PUBLIC PROPERTY OR IMPROVEMENTS. TO DATE, THE SUCCESS OF INITIAL BRISTOL BUILDING (BRISTOL 1) AT OVER 90% OCCUPANCY, HAS PROVIDED THE OPPOSITE; WITH THE IMPROVEMENTS TO THE PUBLIC RECREATIONAL AREA AND LAKE WATERFRONT ADJACENT TO SOUTHPORT PLAYING A CENTRAL ROLE IN KEEPING RENTON A DESIRABLE PLACE TO LIVE AND RAISE A FAMILY. CLEAR IDENTIFICATION OF WHERE TO GO TO LEASE, AND INDICATION OF THE POSSIBLE AMENITIES PROVIDED BY A FACILITY IS STANDARD FOR RENTAL PROPERTIES IN MULTI -FAMILY ZONES. LACK OF THAT IDENTIFICATION WOULD BE A FIRST STEP TOWARDS ENSURING FAILURE OF THOSE PROPERTIES. LASTLY, THE PROPOSED SIGNAGE THAT IS THE SUBJECT OF THIS VARIANCE IS UNDERSTATED AND IS THE MINIMUM NECESSARY TO FULFILL ITS PURPOSE OF IDENTIFYING BRISTOL!S LEASING CENTER AND RESIDENT'S CLUB. THE SIGNAGE IS NOT SELF ILLUMINATED, AND WILL BE COMPLETED IN COLORS CONSISTENT AND COMPLIMENTARY TO THE MAIN BUILDING COLORS. 00 5 � 5 \ §( � k{ ) f E{ §A R § < ® §& % k § � R \ W a G Al, � \ / � & � ' � ) ] §} E\ 7 7 ., )� a 2 ! �. $ ƒ .2 f 2 ! £ $ 4* 0 o e $ t to 6 N k � , I ._..� � q k / Lb § § z� � �w k CO7 GG $�§\ // u$k§ R§ �k22. '■g■■ � ! �2 § A � , « | t 2 2 I } \ \ k % » � CL a � � , � A � t ■ ) 7 ■A% � k } ) 2 \t Vk7 k \ ) CL p �■�§2 a | ! Ci a # 2 L 0 k ! to ) ! 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IHDa DE\IELoll IR % 1 E4 - 8 T23N R5E W 1/2 4 E3�0 �4 �7 ZONING — xencOn et*,r GImISI 1 aeOO ' '�'�"M"_"'� 5 T23N R5E W 1/2 5305 IG CITY OF RENTON 1055 S. Grady Way Renton, WA 98055 DEVELOPMENT PLANNING Printed: 10-02-2447 CITY OF REnFrON Land Use Actions OCT , 2 2007 RECEIPT RECEIVED Permit#: LUA07-117 Payment Made: 10/02/2007 11:19 AM Receipt Number: R0705283 Total Payment: 100.00 JSLAND LLC Current Payment Made to the Following Items: Payee: BLDG C AT SOUTHPORT LLC & Trans Account Code Description Amount 5022 000.345.81.00.0019 Variance Fees 100.00 Payments made for this receipt Trans Method Description Amount ---------- -------- --------------------------- --------------- Payment Check #2336 100.00 Account Balances Trans Account Code Description Balance Due 3021 303.000,00,345.85 Park Mitigation Fee 5006 000.345.81.00.0002 Annexation Fees 5007 000.345.81.00.0003 Appeals/Waivers 5008 000.345,81.00.0004 Binding Site/Short Plat 5009 000.345,81,00.0006 Conditional Use Fees 5010 000.345.81.00.0007 Environmental Review 5011 000.345.81.00.0008 Prelim/Tentative Plat 5012 000.345.81.00.0009 Final Plat 5013 000.345.81.00.0010 PUD 5014 000.345.81.00.0011 Grading & Filling Fees 5015 000.345.81.00.0012 Lot Line Adjustment 5016 000,345,81.00,0013 Mobile Home Parks 5017 000.345.81.00.0014 Rezone 5018 000.345.81.00.0015 Routine Vegetation Mgmt 5019 000.345.81.00.0016 Shoreline Subst Dev 5020 000.345.81.00.0017 Site Plan Approval 5021 000.345.81.00.0018 Temp Use, Hobbyk, Fence 5022 000,345.81.00.0019 Variance Fees 5024 000.345.81.00.0024 Conditional Approval Fee 5036 000.345.81.00.0005 Comprehensive Plan Amend 5909 000.341.60.00.0024 Booklets/EIS/Copies 5941 000.341.50.00.0000 Maps (Taxable) 5954 650.237.00.00.0000 Special Deposits 5955 000.05.519.90.42.1 Postage 5998 000.231.70.00.0000 Tax --------------- .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 Remaining Balance Due: $0.00 Form WA-5 (6/76) File No.: NCS-212753-WA1 Commitment Face Page ,4 1r v, k r ! bFVi:LOPMEW Niftl OCT COMMITMENT FOR TITLE INSURANCE ED Issued by FIRST AMERICAN TITLE INSURANCE COMPANY First American Title Insurance Company, herein called the Company, for valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed Insured named in Schedule A, as owner or mortgagor of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the Conditions and Stipulations hereof, This Commitment shall be effective only when the identity of the proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A hereof by the Company, either at the time of the issuance of the Commitment or by subsequent endorsement. This Commitment if preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate six (6) months after the effective date hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company, This Commitment shall not be valid or binding until countersigned by an authorized officer or agent. IN WITNESS WHEREOF, the Company has caused this commitment to be signed and sealed, to become valid when countersigned by an authorized officer or agent of the Company, all in accordance with its By -Laws. This Commitment is effective as of the date shown in Schedule A as "Effective pate." First American Title Insurance Company `M �Il1[ I�jrl+ BY y-� c°%.tr. President y ��I1f 61 X�*•` Attest: W4_grle� Secretary By: - fe,t,�--"" Countersigned First American Title Insurance Company Form WA-5 (6/76) Commitment To: 1. 9 3. 4. a.� A.r! F, kr First American Title Insurance Company National Commercial Services 2101 Fourth Avenue, Suite 800, Seattle, WA 98121 (206)728-0400 - FAX (206)448-6348 Mike Cooper (206)615-3107 mcooper@firstam,com Bank of America - Commercial Real, Estate Group 800 5th Avenue, 30th floor, WA1-501-30-54 Seattle, WA 98104-3188 Attn: Sheri Anderson SCHEDULE A Commitment Date: January 19, 2006 at 7:30 A.M. Policy or Policies to be issued: File No.: NCS-212753-WAI Page No. 1 Vincent Nguyenpham (206)615-3267 vnguyenpham@ftrstam.com File No.; NCS-212753-WA1 Your Ref No.: Phase II of Bristo at Southport AMOUNT PREMIUM TAX Reorganization Rate Extended Mortgagee's Coverage $ 36,000,000.00 $ 12,735,00 $ 1,120.68 Easement Coverage $ 40.00 $ 3.52 Proposed Insured: Bank of America - Commercial Real Estate Group The estate or interest in the land described on Page 2 herein is Fee as to Parcel A and Easement as to Parcel B, and title thereto is at the effective date hereof vested in: ISLAND LLC, a Washington Limited Liability Company, as to an undivided 35% interest and Building C at Southport, LLC, a Washington Limited Liability Company, as to an undivided 65% interest as tenant in common The land referred to in this Commitment is described as follows: The land referred to in this report is described in Exhibit "A" attached hereto. First American 71t/e Insurance Company Form WA-5 (6/76) Commitment EXHIBIT'A' LEGAL DESCRIPTION: PARCEL A: File No., NCS-212753-WAl Page No. 2 LOT 3 OF CITY OF RENTON SHORT PLAT NO. LUA-99-134-SHPL, ACCORDING TO SHORT PLAT RECORDED JANUARY 31, 2000 UNDER RECORDING NO. 20000131900006, IN KING COUNTY, WASHINGTON. PARCEL B: EASEMENTS FOR INGRESS, EGRESS AND RAILROAD CROSSINGS AS ESTABLISHED IN INSTRUMENTS RECORDED UNDER RECORDING NOS, 6201855 AND 6317510, IN KING COUNTY, WASHINGTON, First American 77tle Insurance Company Form WA-5 (6/76) Commitment SCHEDULE B - SECTION 1 REOUIREMENTS The following are the Requirements to be complied with: File No.; NCS-212753-WA1 Page No. 3 Item (A) Payment to or for the account of the Grantors or Mortgagors of the full consideration for the estate or interest to be insured. Item (B) Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for record. Item (C) Pay us the premiums, fees and charges for the policy. Item (D) You must tell us in writing the name of anyone not referred to in this Commitment who will get an interest in the land or who will make a loan on the land. We may then make additional requirements or exceptions SCHEDULE B - SECTION 2 GENERAL EXCEPTIONS The Policy or Policies to be issued will contain Exceptions to the following unless the same are disposed of to the satisfaction of the Company. A. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. B. Any facts, rights, interest, or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of person in possession thereof. C. Easements, claims of easement or encumbrances which are not shown by the public records. D. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by public records. (1) Unpatented mining claims; (2) reservations or exceptions in patents or in acts authorizing the issuance thereof; (3) Water rights, claims or title to water; whether or not the matters excepted under (1), (2) or (3) are shown by the public records; (4) Indian Tribal Codes or Regulations, Indian Treaty or Aboriginal Rights, including easements or equitable servitudes. F. Any lien, or right to a lien, for services, labor, materials or medical assistance theretofore or hereafter furnished, imposed by law and not shown by the public records. G. Any service, installation, connection, maintenance, construction, tap or reimbursement charges/costs for sewer, water, garbage or electricity, H. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgages thereon covered by this Commitment. First American Title Insurance Company Form WA-5 (6/76) File No.: NCS-212753-WA1 Commitment Page No. 4 SCHEDULE B - SECTION 2 (continued) SPECIAL EXCEPTIONS 1. General Taxes for the year 2006, in an amount not yet available, which cannot be paid until February 15, 2006. Tax Account No.: 082305-9055-05 Note: Taxes and charges for 2005 were paid in full in the amount of $24,610,21. 2. The terms and provisions contained in the document entitled "Railroad Tracks Agreement" recorded December 2, 1943 as Recording No. 3352228 (Volume 2184, Page 335) of Official Records. By and between Puget Sound Power & Light Company, a Massachusetts Corporation and Northern Pacific Railway Company, a Wisconsin Corporation and The Pacific Coast R.R. Co., a Washington Corporation. 3. The terms and provisions contained in the document entitled 'Trackage Agreement" recorded December 2, 1943 as Recording No. 3352229 (Volume 2184, Page 336) of Official Records. By and between Puget Sound Power & Light Company, a Massachusetts Corporation and Northern Pacific Railway Company, a Corporation. 4. Easement, including terms and provisions contained therein: Recording Information: March 14, 1968 under Recording No. 6317510 In Favor of: City of Renton, a Municipal Corporation For: Right of way for roadway and related utility purposes Affects: as described therein 5. Easement, including terms and provisions contained therein: Recording Information: July 26, 1984 under Recording No. 8407260401 In Favor of: City of Renton, a Municipal Corporation For: Maintenance., testing and inspection of a fire main with the necessary appurtenances Affects: A strip of land 15 feet in width having 7.5 feet of such width on each side of the described centerline 6. Terms, covenants, conditions and restrictions as contained in recorded Lot Line Adjustment (Boundary Line Revision) LUA 98-176 : Recorded: February 1, 1999 Recording Information: 9902019014 7. Covenants, conditions, restrictions and/or easements: Recorded: February 26, 1999 Recording No.: 9902264177 8. Easement, including terms and provisions contained therein: Recording Information: February 26, 1999 under Recording No. 9902264178 In Favor of: Puget Sound Energy, Inc., a Washington Corporation For: Gas and electric lines, ingress and egress Affects: as described therein First American Title Insurance Company Form WA-5 (6/76) Pile No.: NCS-212753-WA1 Commitment Page No. 5 9. Restrictions, conditions, dedications, notes, easements and provisions, if any, as contained and/or delineated on the face of the Short Plat No. LUA-99-134-SHPL recorded January 31, 2000 under Recording No. 20O00131900006, in King County, Washington. 10. Covenants, conditions, restrictions and/or easements: Recorded: November 17, 2000 Recording No.: 20001117000535 11. Easement, including terms and provisions contained therein: Recording Information: December 5, 2002 under Recording No. 20021205000523 In Favor of: Puget Sound Energy, Inc., a Washington Corporation For: Utility lines Affects: as described therein 12. Deed of Trust and the terms and conditions thereof. Grantor/Trustor: Building C at Southport, LLC, a Washington Limited Liability Company, as to an undivided 65% interest as tenant in common and ISLAND LLC, a Washington Limited Liability Company, as to an undivided 35% interest as tenant in common Grantee/Beneficiary: Cathay Bank Trustee: First American Title Insurance Company Amount: $3,550,000.00 Recorded: August 6, 2004 Recording Information: 20040806000652 A document recorded October 3, 2005 as Recording No. 20051003002527 of Official Records provides that the deed of trust or the obligation secured thereby has been modified. 13. The terms and provisions contained in the document entitled "Hazardous Substances Certificate and Indemnity Agreement" recorded August 6, 2004 as Recording No. 20040806000653 of Official Records. By and between Building C at Southport, LLC and Cathay Bank, 14. Evidence of the authority of the individual(s) to execute the forthcoming document for ISLAND LLC, a Washington Limited Liability Company, copies of the current operating agreement should be submitted prior to closing. 15. Evidence of the authority of the individual(s) to execute the forthcoming document for Building C at Southport, LLC, a Washington Limited Liability Company, copies of the current operating agreement should be submitted prior to closing. 16. Unrecorded leaseholds, if any, rights of vendors and security agreement on personal property and rights of tenants, and secured parties to remove trade fixtures at the expiration of the term, First American Trt/e Insurance Company Form WA-5 (6/76) Commitment INFORMATIONAL NOTES File No.; NC5-212753-WA1 Page No. 6 A. Effective January 1, 1997, and pursuant to amendment of Washington State Statutes relating to standardization of recorded documents, the following format and content requirements must be met, Failure to comply may result in rejection of the document by the recorder, B. Any sketch attached hereto is done so as a courtesy only and is not part of any title commitment or policy. It is furnished solely for the purpose of assisting in locating the premises and First American expressly disclaims any liability which may result from reliance made upon it. C. The description can be abbreviated as suggested below if necessary to meet standardization requirements. The full text of the description must appear in the document(s) to be insured, Lot 3, SP No. LUA-99-134-SHPL, Rec. 20000131900006 APN: 062305-9055-05 Property Address: 1101 Lake Washington Boulevard N, Renton, WA 98056 D. A fee will be charged upon the cancellation of this Commitment pursuant to the Washington State Insurance Code and the filed Rate Schedule of the Company, END OF SCHEDULE B cc: Bank of America - Commercial Real Estate Group FirstAmencan Title Insurance Company Form WA-5 (6176) Commitment �\S F:' � rr First American Title Insurance Company National Commercial Services COMMITMENT Conditions and Stipulations File No.: NCS-212753-WAI Page No. 7 The term "mortgage" when used herein shall include deed of trust, trust deed, or other security instrument. 2. If the proposed Insured has or acquires actual knowledge of a defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment, other than those shown in Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for any loss or damage resulting from any act or reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclosure such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter, the Company at its option, may amend Schedule 8 of this Commitment accordingly, but such amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of Policy or Policies committed for, and only for actual loss incurred in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in Schedule 6, or (c) to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the Policy or Policies committed for and such liability is subject to the Insuring provisions, exclusion from coverage, and the Conditions and Stipulations of the form of Policy or Policies committed for in favor of the proposed Insured which are hereby incorporated by references, and are made a part of this Commitment except as expressly modified herein. 4. Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest or the lien of the Insured mortgage covered hereby or any action asserting such claim, shall be restricted to the provisions and Conditions and Stipulations of this Commitment. First American Trtle Insurance Company Form WA-5 (6176) Commitment The First American Corporation RW American Title Insurance Company National Commercial Services PRIVACY POLICY We Are Committed to Safeguarding Customer Information File No.: NCS-212753-WA1 Page No. 8 In order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be concerned about what we wi:! do with such information particularly any personal or financial information. We agree that you have a right to know how we will utilize the personal information you provide to us. 'therefore, together with our parent company, The First American Corporation, we have adopted this Privacy Policy to govern the use and handling of your personal information. Applicability This Privacy Policy governs our use of the information which you provide to us. It does not govern the manner in which we may use information we have obtained from any other source, such as information obtained from a public record or from another person or entity. First American has also adopted broader guidelines that govern our use of personal information regardless of its source. First American calls these guidelines its Fair Information Values, a copy of which can be found on our website at www.flr=m.com. Types of Information Depending upon which of our services you are utilizing, the types of nonpublic personal information that we may co0ect include: Information we receive from you on applications, forms and in other communications to us, whether in writing, in person, by telephone or any other means; Information about your transactions with us, our affiliated companies, or others; and - Information we receive from a consumer reporting agency. Use of Information We request information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party. Therefore, we will not release your information to nonaffiliated parties except: (1) as necessary for us to provide the product or service you have requested of us; or (2) as permitted by law, We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such information may be used for any internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of nonpublic personal information listed above to one or more of our affiliated companies. Such affiliated companies include financial service providers, such as title insurers, property and casualty insurers, and trust and investment advisory companies, or companies involved in real estate services, such as appraisal companies, home warranty companies, and escrow companies. Furthermore, we may also provide all the information we collect, as described above, to companies that perform marketing services on our behalf, on behalf of our affiliated companies, or to other financial institutions with whom we or our affiliated companies have joint marketing agreements. Former Customers Even if you are no longer our customer, our Privacy Policy will continue to apply to you. Confidentiality and Security We will use our best efforts to ensure that no unauthorized parties have access to any of your information, We restrict access to nonpublic personal information about you to those individuals and entities who need to know that information to provide products or services to you. We will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy and First American's Fair Information Values. We currently maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. c 2001 The First American Corporation • All Rights Reserved First American Title insurance Company u :•y A sy e • i y M O' � V pp ozN ��7 A p., f%! P moD jn4O �:-. Y gnu C _ K 0 ] a ° N� ' TT� � X Z 1l � o ii33 `1 N `Zi m � R �-. e•st yy2 u Y ra Z. • • I� T A ! ZQ ltl ,�9 N NI p ffIIIIIII !G t ', .' OGx m0 Y yw !�Y•tlp • • •; nL Wi. m �•3 oO,AH C 10L( �Iflyy]� c rr .. rOre.',". o A [e�[rt[•• amzff�� r, .� m'T M. nit miY D�' S� n .• tl t9 !A L'�'S 1 S? 6_ N ¢o�C `•T o nr �x FHA 0..77 aca °c: O D� dotl M Z W `, ��Z 'e'er" mm S hSip b>Y'K d^ � LZ'i H.Z Z 4Q N.� S�h•[�]Y I ."', w �i o r[� �'n•.v'. O-C u':.K 'a: a._.S'. a K � � x ro �' rY' NI aK b,[pp11Hn�n r.• Itl i13SZ Y..;;� Ic H nzL..r t5aa ZO co e•�c x• �. MNMo •Y' � \t � nDaN�K ID'.Gn : H e �r rotcmizn O 0 ry myA 0PJ [tee � m -„ D S ggqqyyxY ��yN[[ OOti°SPHM rt�sDLppi osn�a gp T'i�roH agp w o n Z2k •1P �rz, '°`INKS om- yHD .aY il V• 1'I YN �U m? xl�l�� •. ' pa Drn y/ n� It �y oy :• .. .. :$ O �.... �! it IZl n uL �'N r ♦ '� t _ O • ''u P r: q .0.O.Y•• 8 IE 6 r j . it � f' • • ,) " "/ € � }YID` � J 7. a P P ,9, / /� :sue.• y V P •$ R Q .' jig �� �(��7. � ' : w�' .l.-•., -.:� no:'-i .. ] •n �� a k� 9 NPn • �� 1 gip'• _ NG ZJ BSI,',' . O�o�i �Ke3 �= p ��� �m :7x ���:'' '';wf \ \ �, • c� �o. tie .a�� ,$ _ f 9j��"�t •yL'R: ' °\ �.N f t--- � 4k F' o ofz oil n'mn Q w �Q r r a N'z. = rnZc� b, .''N ID:.,� a:: n v r : •�� _ sjnx m �za'^g_ b S to O a � S., r ,K P" nor r- I3 .40 Oc A.l n o C.0 C.. 02 U. 0 z cl iy c a Td, z z qxh 4 8, .1 .7. >'Ou ML .00 0 =V.04m m, t m 10 1 —m Sim NZIHZWC itt, V Ago.. AN x 4,4 2 gj V 80 N.M. =ON N, MA", 0 c i.2 zzzao x 0.- yNM FILED FOR RECORD AT THE REQUEST OF: Puget Sound Energy, Inc. P.O. Box 97034 OBC-I1N Bellevue, WA 9E009-9734 EASEMENT 1STXM,s GRANTOR: Puget wemm, Inc. GRANTEE: Puget Sound Energy, Inc. LEGAL DESCRIPTION: SW % of Section 5, Township 23 North, Range 5 Fart, W,M, KW Yi of Section 9, Township 23 North, Range 5 Eart, W.M. FULL LEGAL DESCRIPnON ON PAGE: 4 {� ASSESSORS PROPERTY TAX PARCEL: 082305.9055, 09230" 179, 081.305.9191 'r4 a+ For and in Cotuideration of Ten Dollar ($1 O.00) and otber valtrable consideration, the mccipt i0 sad avfficiency of which is bareby WAUMledged, Puget Western, Inc., a wmhhvft corpmatioa `�►Yj (fir" hamin), hereby convoys mad warrou to PUGET SOUND ENERGY, INC., a Wmhidgton a corponwon ("Gmtae" bemin), for the purpous bamlad a art forth, a perpettul caacmcat over, under, along wmu and through the following described mW property (tbe "Property" hcmin) in King Canty, � Wmshingtan. A. Gm and Electric Limos. Aa Fasemeat over, under, along wmas end through that eartain teal property more particularly described on Exhibit A ("Faument Area'), for the purposes described in B. Acoeaa and Maiat cc Rod. An aaaaaseat over, under, along across VW thsmrgir tftaa certain road prvparty more particularly described no Exhibit A, for the purpous described in Section 1.2. Said Acoesa mod Mmiataaww Road shall be appurtenant to that oertian real property morn pwaculariy described on Exhdbh 13, $ The Ea anent Area is sometimes tefermd to hereinafter as the "P "nyn 1. Purpoaa, Subject to tier terms sad conciitiom of this Easamant Granive shall have the right to we the Proparty for tiro following pur#►omoa: 1.1 Car rand irleetric LiwL The cotsstrnd c t, operption, mails ew ne, mpoir, r vplaect o imprwamaat, mawal. adargwymi and we one or snort: Utility systems for the purpose of' — Wm dtatrtbt m atd Uk of BN and eWMcity. Stwb OVM tarry laclude, but we no Waited to: a, OverbooW fadfibft Polm imm marl odw wAppatt minw*uu with n crow ssm, brace+, guys sad mnrbon; electric Um mlWioa mad diatribreim lira: fiber Doc =We sad odwr lines, atbks mod fmdlttias far wmmwkadoa; tnsad errors, *nxx 1 �atii�aa ter�erw - I EXWE TAX i'+tOT REOUR90 pro oa tt =cj *Ww lights, mcun, fixt m attachments add any ad all other fwj I ilia or appursenm eo nemairy or wnv=kM to my arnd All of the fono*; and b. Underpnand fadthies. Coodui% lines, cables, writs, twitches and tramsfooavers For electricity, pipes, pipelines, mains, Iaterali codduiti, regul>dom and fixddcrs for gas. fiber optic cable and other lines, cabin and heilitia for communicmons: semi buried at ground ma oted ftciIWca trod pads, manacles, meters, firmues, anw mwmts and any and all other bn Wes or a 4wwomoa oeeessary or convenient to any and all of the foregoing. Following the initial construction of all or a portion of its systems, Gnatoc may, from time to time, oensiruct such additional facilities as it may nxpdm for such rysterns. 1.2 Arras sad Maisrtmstwx Rnad. The construction, operation, maidtmsau, repair, mplacamcm improvesmenl, removal, enlargmneat and we of m Access and Maintenanm Road to arable the; Gremc to eaerc4se its tights hereunder, Grantee small carnpowwo Onator for army damage to the property caracd by the exemse of such right At aeaass by Grantee. The Gas and Electric Lines, and ttte Avoca and Maimmom Road arc hcreina.9u sometimes collectively rcierrud to as the "Improvancou". 2. Property Ckaring and Maintumce. Gnmtac shall have the right to cut, remove and dispose of any and all brush, trees and other vegetation m the property, which might intcrfcm, in Grantee's opinion, with Grantee's Impfovaaeats. Chants shall also have the right to control an a continuing basis emd by my pnxkvt and reason mean, the establishment and growth of brush, Von and ether vegetation an the Pm•perty, Grwu= slWl be responsible for the maintmanee of the Improvements 3. Trea Outside the Property. Omniee WWI halve the eight to wr4 trim, remove and dispose of N any trees located outside the Propbrty wbkh could, in Grarttae's sale judgment, inrerfere with or creme a to hoard to Grmv='s systems. Ornate: AWL prior to the errerdse of such right, Ideroify such traces add (4 make a reasodabie effort to give (hxnw prior notice that such trees will be cat, trimmed, removed or C1j disposed of (except that Gramm shall have. no obligation to identify such tree or give Gmrtor such prior radar when tmea are out, tr mtnod, removed or otherwise disposed of in response to emergency conditions). Gnator shall be wdtiod to no caupen atioe far truer cut, ttfmtd4 mimed or disposed of except for the actual market value of memhordabie timber (if sty) art and removed from the Property by Ormtse, 4. Grantor's Use of the Property. Grantor reserves the right to use the Property for my purpose not wooaksteat with the rights herein `rmtnd, prm" that Omma s Wl not opoun at or maintain any building, strucduo st other object on the Properly, and Gnmmr shall do no Marling within 300 feet of Grantee's ey"M without Ora w's prior wft= ttXML I. Indemnity, Gnnux ape* to hWesnnify Grantor from and against liability Incurred by Grantor u a result of Grantee's negligemm in the acroise of the rWM herein gutted to Oraaloe, but nothing herein shall mgWm Ontow to indamalfy Onmor 1br that portion of may snub tial ty s tribokle to due wWigmoo of (3now or rite aogiigmte of cutters. 6. Abandeameat. TLe rights hum grated Md amd w runt) web tins a fro onws to tare the Property for a period of five (5) a mocuive yarn, in whir3a eveat, this cuctaati shall tamioate grid all rights be wxkr, add say ImpovemaNs ramsinirtg oe 6e h"ty &M tevsrl io or 0100ise fro. • 2 - n%" become the property of Grantor, provided, dW no abmedonment shall be deernod to Mvc occurred by reason of Grspreeo's failum to initimlly install its systnrns on fhe Property witwa nary period of time from the dare hereof. 7. 5utcewri and Assipts. Grarrtoe steal l have tbt right to assign a portion or otherwise trrassfar any or all of its rights, benefits, privitagea and iotmests arising in mod wWtt dU caaernwt Without limiting the gmeWity of the fatogoiag, the rights and obliQadom of the pasha shall inure to the benefit of and be binding upon their respective sucaesson ind wow, Jatod this _'U- day off. 1999. GILANMR Puget Weswm, be. BY 1-&4 . --- - r M President STATE OF WAjMNGTON ) )u COUNTY OF 4"1n1 4 ) On this day perwnally mppwW before me R. B. Boyd to me Dawn to be the President of Puget Western. Inc., the corpoe600 that extarted the foregeiag instrument, and acknowledged the said instrument to be the free mad volusumry met surd dead of said cotponWoa, for the uses and purpow therein t. mcntionod, sad on oath stated that they were authorized to w ooute the said instrumcaL GIVEN under my hand sad official sea! this -.a _day of tri & 11999 20 r.,.,AR4,X, Nasary Public in and far the SWc of Washiogtoo, Residing r P at G My oommiasioa PUBLIC rya11- Lk awnwa. .3 - II 13&W A THAT PORTION OF GOVERNMENT LOTS I AND 2IN 9ECITON 1. TOWNSHIP 23 NOR7K RAND S EAST, W.M., IN THE CITY OF BBNTDN COUNTY OF laNG. STATE OF WASHTNaM. AND ALL THOSE PORTIONS OF M! WA.SIMMN SHOR33 LAMS FRONTM THEROT4.J1LL MORE FARMLABLY DEBCRMED Ab FOLLOWS; COMMENCIN10 AT 7HE NORTHEAST CORNER OF GOVERNMENT LOT I. SECTION I. 70"PV 23 NORTH. RANGE s EAS'T, WN, SAID POVIT DEW THENORTFIW W CORNEL OF IM NORTHEUT QUARTER Of SAID SBCIION 1, THENCE WEs! TERLY ALBNG'IMNORTH LINE OF SAID GOVERNMENT LOT I AND SULH I = PRODUCED WESTERLY 939X FELT, TO THE WEMMY MAIM OF BUAl.WOTON NORTHERN RAR"AD COMPANY"S itifBil' OF WAY (FORMERLY NORTHERN PACVIC RAILWAY COMPANY'S LAKE WASHP40M LDS AND THB TRUE POINT OF BBMNWG; THENCE SOUTHERLY ON A CURVE TO THE RIM. CIN LUD WESTERLY MARM OF BUNJ NGTUN NOW7'ii BN RARLROAD COWANY'S RIGHT Of WAY, THE RADIUS POINT OF WIOC K BTA U NORTH 74' 3t' Ol' WWr, SAID CURVB HAVING A RADIUS OF 13U.0 PFi.'T, nMUGH AN INCLUDED ANGLE OF 4' 14' 26` FOR AND ABC Li NM OF I n71 FEET (102.76 FWD' CHORD DEF.); THENCE SOUTH 75' 44' 11" WEST 3 0.72 FEET; lHENCE NORTH 46' S l' 03" EAST 232.14 FIST; 7HENCE SOUTH 91' 4t' 46" EAST 04,33 MrTO TIE TRUE POINT OF BSG NMO, CONCABMG 1SX7 SQUARE FUT Olt 0.419 FARE N Be* K cal, W unod erNnmbm T90N. LUA W17b, lvoorded Fa .4. 7) t• Exhibit B Appurtetwt Property Pw=lt A toad C of City of Renton Lot Line Adjustment number LUA 98-176, recorded in King County, Washington under Rreoording Number 9902019014. Abaemm [w.ora - S - wins! FILED FOR RECORD AT THE REQUEST OF: Puget Westem, Inc. 19515 North Creek Partway, Suitt 310 Bothell, WA 98011-8200 Grmwz: Pqd Sound EoM, Inc. rrmta(s): Paw WNUM Inc. Abbreviated 1.egat: Sa. 09, Twp. 23 N., R 05 EWM Full Legal DcKr#d a on p qgs): I Asseuoes Tax Posed NumWs): 0at2305.9055, 0i230l-9178, MIOS-9191 Grantor, Puget Sormd Energy, loc., a Wsahiogtca eorporsdion (formerly Puget Sound Power A Light Company), for and in consideration of tan no/100 (! 10.00) dollars and other good and valuable oons dtnNim in hood paid, conveys and wurants to PUGET WESTERN, INC., A WASHINGTON CORPORATION, ('Grantee') the following described real estate altu ded in the County of King, State of Washington; Parcel A of City of Raamo Lot fine Adjmtmmt number LUA 98-176, recorded is King County, Wuhingwn under Recordieg Number 9%2019014. SUBJECTTO; faserneata, restrictions, rawrvaQioes, covenants and agmemerns. Grarna, cn behalf of haelf, its arcassors and auigns, baeby oovam* no to directly or iodirtwy, in any form or in say marmer, oppose, protest, inhibit, praveut, or admMse impair Grantors exercise of soy right grad hereunder, ioduding, but not oweessrily linalud to, Ghrnmes right to upgrade or eonguw additional clodrical facilities on Onatot'o adjoining electrical suboWoo owoa Mp f Ibc SubsWlors i or wi&n the easement arm beoebq Grantor Ong the Property herein so long as it dos cot dtmgc Grantee's aoceWeS= gad will be rewmed to the original sub attet cone ruction. Without iitnldAg the gamslity ofthe foregoing, Omotm, on behalfuf itself; its gucoesson and assigns, hereby covc=ta ova to participate, directly or i"roody, in any appeal of fire lsauseoe ofmy governmental approval or eaviromacaoal docaaneats aeoeasny for or related to all or say pert of The Substatioo Grantor may, in its sole disrltsion, seek spedfic pmformmce of this ovnew (wcluding without limltsdon an injuodion) aplao Gnoter, and Oman's succeasove wd sa 4 u, in soy ovnrt with jurisdiction. (tractor sad Graeae iatead Bald coveamt to run with the land, to bind all wtoeesan and assigns of Onatae, and inure to the benefit of all GrwMes auocasors cod assigns. DaW I& s-/9 4 .1999. 3 STATE OF WASHINGTON ) COUNTY OF Y�►1b j a. Puget orgy lac. Sy: Its: Director Corps Facilities "` ' r�day of _ 19-t byre me, rho mWa dgoed, PuWWIY appeared to u>s kaoren to bx the Direoworzrt}rtata Fsdlides, of PUGET SOUND ' „tra that sxaadsd she foeegodag harmmew, aed safrsowiedged the said hmtntmem lobe dsa$q said ` act sad odw to asarate tics said iasdatrt»mt ., •! ' iY and rite rlM of ag 7 Smarm &MMwy WMM* Dow - 1 - 0L17N! r Ft"9794 neiFAr< '. gap,_ om= isms gy la a a C 9 = ocm Z � ik p cxa., g b ' �qO11 F �ne`� E f It itE sgU,I I)i FAG �� �� E�*� 1! ofillfk Rq�aa N $Y Y &Rig! rk >a ! a Eg4��5�9: ��� `G� Is�� e CM, y 3� g a s � i g �� y Y� G A Y. R� "i'• �gQ'�� �l�a�E ��$ �%�� 9��s��k�l9�s,� � G�����eFi��tl��.&� Xa �n � �• �� �l��a���.�tQ�F���,��1� �: �8�ga X���r' a aE� � �s�����a ��rF�a q&�•�;a q�: qE ��i���E�����E'�a�z��i., a _ �o � $ � � � � ^•v a t a � a"+� � ��� R�. ,. a ,�G t- aa����.s A �� iiii I Oil ��� A �R- a _ u � Rig � i•.�,'$���' q ��yveFC� yQ i�R. �q �� �� a�� E� ��r ���z �a5 5�#Y:...��::.��' a u�'��r ��,� ���i= °�'� �ga �'•.��� � 0" ti �"l FIRE MAIN EASEMENT 44/07'2E e0401 B RECo F �,Go CASHSL V ila&This indenture made this day of -k between P!)M 5OUNA POWER LIGHT COAPAIN, Was'-11 lgton corporation ("Grantor" herein), and CITY OF RENTON, a iiuniclpal cc,rporatlon ("Grantee" Herein)' - WITNESSETH: 1 That fa consideration of Ten Dollars ($10.00) and other good and valuable consideration, in hand paid, receipt of which is hereby acknowledged, and performance by Grantee of the covenants hereinafter set forth, Grantor hereby grants unto Grantee an easement for the purpose of maintenance, testing and inspection of a fire main with the necessary appurtenances ("racility" hb ein} GA'i across and under the following property, situated in King OC y�v Itaehingtoos j.,16 W 48 See legal description attached as Exhibit "A" 5) fH�01J151G*0F RM�K�DqS b LLOOZ M 1. Said Facility is an underground pipe; it shal. consid0G COUNTY Of single line of pipe not over 10 Inches inside diameter, 3 fire hydrants and other appurtenances thereto. 2. Grantee agrees to save and hold Grantor harmless from all loss or damage which may be due to the exercise by Grantee of the right herein granted and from all claims for sucb dam,4ge by whomsoever made and to indemnify Grantor for all such loss, damage and claims, except damage caused by 5rantor. 3, Grantor reserves the right to use said land for its own purposes in any way and to grant rights in said land .c others, not inconsistent with the right herein granted to Grantee, subject to the following: A. No srorage or buildings are allowed within the area described in Exhibit "A"; B. no power lines can be buried parallel to and within five (5) feet of the centerline of the Facility; and any other utilitieu that are buried parallel to and w.tthin five (5) feet of the centerline of said Facility that �'• are damaged during Grantee's routine maintenance, testing i and inspection of said Facility shall be repaired or replaced at the Grantor's expense, Grantor agrees to 0, ( save and hold Grantee harmless from all loan or damage _ to said other utilities which may occur as a result of �.—�..... Grantee performing such routine maintenance, testing and inspection of said Facility, Prior to any digging LX performed by Grantee within the area described in Exhibit "A", Grantee shall notify and cooperate with Grantor in c5 the coordination of its activities with those of Grantor to minimise conflicts, insure protection to each party's - facilities, prevent hazardcus conditions, or minimize interruption of Grantor's operations. 4. The right hereby granted shall cease and terminate whenever Grantee shall have permanently abandoned the use of said Facility. B. Grantee, its successors or aesigas, shall have the right, upon a minimum of one (1) business day's prior notice, at such times ae may be necessary to enter upon said above described property for the purpose of routine. maintenance, testing and Inspection of said Facility, provided, that such mainteaance, - - testing and inspection of said Facility shall be accomp2isbed in — „ such a manriar that disturbance to the existing private improvements and private property shall be dsinimized. - Notpithstandinit the foregoing, in the event of any emergency requiring immediate access to the Facility by the Grantee, Grantee may take much action upon such notice to Grantor as is reasonable t^Iaa'i ' under the circumstances. 3 - ?4 1 ?IRE MAIN EASEMENT PVGET SOtlNn POWER It LIGHT COMPANY, Grantor CITY OF R1;NTON. Grantee In the event se;d improvements or property are disturbed, they will be replaced in as good a condition as they were immediately before the property was entered upon by the Grantee. S. Grantor reserves the right to relocate said Facility, provided said relocation conforms to the Grantee's Fire Protection and Jtilitiee Department requirements. 7. Grantee shall not block or impair access to Grertor's remaining property at any time, of which .said Facility is a portion, or interrupt Grantor's business. 8- This easement shall be a covenant running with the land and sb .11 be binding on the snecessora, heirs, and assigns of both parties hereto. Accepted py: CITY OF RENTON By - Ito Mayor Attest: P[IGET SOUND POWER i LIGHT COMPANY By. Director Real Hatato J ity Clerk STATE OF WASHINRT'ON j 88. t OUNTY OF 1' On this io% day of , 1983 before me, the undenlened, Rm. S. Arthur to me known to be the Director Real Estate of PUGE[' 80LIND POWER R LIGHT COMPANY, the corporation Ihel executed the foregeins Instrument, and acknowledged the cold inetrument to be the free end voluntary act end deed of said eorporadm for the uses and purposes therein mentioned, and on oath listed that he IS authorized to axrmte the skid Inurumant W!TNES8 my hind and offidel Seal hereto sfllxe the day and year first above wrmon. t4 �, Notary Public in I fot the silts of Washington, rskldles at 0 0 ., ' - .. ... r -' -fie- . ... .-- r c'x -W 2 Z3 z LUIBIT "A" A strip of land 15 feet In width having 7.5 feel of such width On each side of the following described centerline: Commencing at the Meander corner on the North line of the Nor": - vast quarter of Section go Township 23 North Range 5 Etat mesa W.M., in the City of Renton, King County, Washington$ thence North 8895011211 West 00rog An extension of said North 11 q of said Northwest quarter of Section go A distance of 81.2-99 leet to the True Point of Be[' ning; thence Suuth 43*08'08" East, A diStUbCtl Of 10.22 feet to a point hereinafter de6igmated Point "A", thence continuing South 43*08108" East A. distance of 219.33 feet to a point hereinafter designatA PoInt"33"; thence continuing South 43*08108" EARL, a distance of 30.84 feet; thence South 2003611011 East, eL distance of 252.80 fact; thence South 43608108" East a distance of 52.63 feet to a point hereinafter designated Point IICIII. thence continuing South 4300810811 East, A distance of 257.56 feet to the terminus of or the centerline, LESS that portion of said described easement lying within the 100 foot right of way of the Burlington Northern Railroad. TOGETH" WITH a strip of land 15 feet in width having 7.5 feet of such width on each side of the following described centerline: Beginning at Point "A" as mentioned In the above description-, thence South 46"5115211 West, a distance of 17.25 feet to the terminus of the centerline. AND TOGETHER V—L7R a strip Of land 15 feet In width having 7.5 foot of such width on eaeb side of the following described centerline: Bel.aning at Point "IS" as mentioned 171 the above descriptionj thence South 46051'52" West, a distance of 39.84 feet to the terminus of the centerline. AND TOGETHER WITH a strip of land 15 feet In width having 7.5 fact of such width on each side of the following described centerline: .Beginning at Point "C" as mentioned in the above description; thence South 46'51152" ;test, a distance of 383.90 feet, thence South 43'08'08" East, a distance of 18.52 feet to the terminus of the centerline. ll 'A J "i A0 "d 91M. IF Jr,.14-:1, ;�Itn1wT Till Tld7LNTILU, w44 thir4d%,or 19 he• tuatn PCGET SCVKD MR 1. LIMIT Cf euhltyt enrvora Mnln eaij •d "Crane or", and TiE 4LT7 M 10LMIt, a munlclpal corp ration, hcrrin cnll�d "r.rancre", V LTHUSITH: That In conswecatlen of tlir nw of Pnu tioilar (q L.W) in hand paid, rrralpi ni onith lc hrreby 4Ckl—kedifed, ,rW Llit perrartrance by Grantee or the ru+r nar t. ratnaf Lrr ant forth. &nr er ranitahy grant, unto Clan Lee, witl—K warranty Wran, klnd, a right Of way for tnadvay and ratatad utility QuTpJ.r. t • ual .rr. r•r nnJ In41 ,Inr irrcrlbrd I,nd altuatr4 in Or. Guunly of Ting• C—mtri,; Lh, llorthenat corner of Cer.r—n( 1r11. 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I I•.<I y .,:- 5K .If 1' � 1 1. ,' T•,ay. .r, t.p n+3 ' +'"' ,. ,•, ,.. _;, t•a rr v �r+,•^f'a rf ,N :,rat ,nl ,r ! k' A. a.h ,1 .b. rzllLr ,r it .--i..}.wd � rf r ,'7Y{rRiSy�Y` ••rl � •r•T4►a aY; ►.•r W59 346 s stAre OF WAYHL-=ON } coulrn ey idle } On thLa day o1 , 19 Jill tlfore n pareon,lLy .pp .ar,d eMd , to ay known to be ,rd , reapeetivaly, of 9UC t MW PMt L I.= CMAM, tha eorporarion tTe e,atuted the within aryl foregoing lnatr„nent, ,nd aalmwlydged ,.LO inrtromAt to oe the trim arwl volun- l•ry met and deed of said eerporatlon far the w,ae ant pV�pe,rm thar.ln amatt.n•d, and . oath .rued that th.y van aue Aorltrd to raoauer •aid Lnmtmarent and LAat the aaaI of [tart fa eha rorponee nel .! •.ld eorpbeation. tri W1trtYY LIIVW:df, t havr hrre—l. at a% land •.J of lL..d .y .fflet•1 aral t14 Jar nl+d yrrr [I r•e «l•ne urlrrrn. 4hlr rlflf n Ire 17 hot, eLer fn a,•l fax p VIA urrhfryenn, rraldlna a r, vaigI- IA r� •�Mf A Y]y4► t:•wm Aad1A 1 � ' r ti. r it L ':. �, n �., . - .., "., k}�. i4 :. t � � L,. 7 � ._,z r M �s � � ;e -, �.,li 3 t _. �. � �5�• � i� 4 ,I �. `. ; �: ���' � � � �4 - - i _ � -... _ purl .of • �AT ..�til: '•~' ' - VU[.2184. fix.:. W I 1 3Ga f TomA IMMURE made this �;,R - �dq of ` 1645, aetweec rM spm l*fit k LIGM CDOA .-_V-sbohLustts corporstionv herelnalter ' idferred to ae the 'Power GiripaW". the NOMMR9 PACIFIC RAIL°1AT CMWAM, a 1Rsoomda oerperation, and ths'TACMC 00ASr R. •&. 90. - - - r s VWI'ingtan. oarpprstioe, hersirutter oollectively called the "Railroad Coepsaiss", t , *ITUSS8Lli, tlet, _ For Lod in coradderstion at -the sum of Five 2undred Fiftyaevam and 50ADu dalihm- tc It Sa trend paid, the rseelpt whereof is hsralq aelrodwlsdsed,. the Power Compasp has -granted and by th&As presenta does GRAXT to the, -pail kal'libi,d Ceeepapies, their Lucooasors sod La.igns, joiat4 or eetteraliy Ds their interest ¢,� ira ri the tracks thereat q froa tin*' -to ti-A appear, for the purpose d: eoratruoti�g; . r& dpisits ining and operiting tlareon certain railroad tracks,, the follmin6 deacril+od , treats of Asad ia]Dfar as the tau* ere wlthit the prSperty oimaid power CampaIV: ,altvata ia'the Coanty d King and Btwte of 71es,inatcn, :o-rim: nit aartala strip of laud Meaty (VD) feat In wl-lth, bwing ten Or! feet Wide on 8aoh-SAdd of tre Dotter line of the CAin spur-traok tow located thcreaol L aid �trlp Of.lwad'hed.ag sLotn aolarad lrtsolid kM oathe plot Lttaohed'hereta said as part hereof,, prepared In the offl_e of the Dlutriam EnCiaser of ;Dtd luiirq C4zpaZr d,Asd Septaa6ar 21, IS%?. rorissd July 271h, 1943) u.nd•idegtified' .As Exhibit .."A.% and further rsrised bombs- lea 1%3. _ Also' su.bjeot to csnoellatiou on aisty (CD) ds;a writtea'ao:tce rr= 'he 7rAt,tor herein, thet eartain a,trip of land twabty (its) feet in width �siog tea (10) scot wide as s)sh wide of the canted lima of the aubsputr ewrlred `7aapoavy Track" at the attech44#L3Lh161t.""", said 1'r, deae:lbed•strlp aG land he_1ne eolor.dd in "Yait'd�f`cia��"rid' txhiblt'^x"'T�—• -" . -- .. -, rprorpdsd that should Un said ksilroud Go P%nlea ns sittpr .,C tlda r.-ace thi traokx from .:aid itripn er elttbr of thata, the btrlp or strips trout- said tr(m.0 Are ra=ned sh411 revert to the Grantor.' IY WIThrSS ?Mlr'LECi•, the Powcr CosplW has sxaclted t'was Tres►nta•oil t`,a day . and yesr first' %pore srittea. - .•`- ?O: .St'u71i. PQ k LIGtn cb, Tv 7._ _ 1oi�Prea 1sat. 97AT (F' TrhSfl } - -. �� L"-_ 1 }•j•t t • �..s� ���' 4�+s ist tat 3ecre:tr� , too C ouab of Kll>g. j .day Of 1945, LeSore ne;).arsonaljy,eppeared C. F. Terrel , to se awn to-Ge Vte !c-s se S.ie:t of the corporation taut uaeated the Within mad foregmi.t-imtrumae. axd 9cknOw1*d6s4'said Sertruueat -~ to be the fret and voluntary met toed deed or tsi'd Dorporstiou, fox. the uses and _PuTWM tharmin meptloned, tad an _nt�s2a'i ed-t!e: he tat a"horited to axmei,te said Sratrumeot art that the dor.l sfriaed,la tFa eorparats aaa'l 0: said Corporation, _ XMREGF, I hero heraun:o not ry- ns.od .nd afrlxed sly official seal t� 44;6rd.1}r loot oboe written. �- - .. , lot ary Fu-cl I In Lad ror Bald i;•�• Ci•.�" C.—ty tad State, rasldir{ at • Seattle, la aid stuu. h.".at ed • @99L1i'f ti stex,a,...Rmtr,,..rtar N i-iCc) -jj cc, r• c u N Q : m Q A mCD o r-S. (0 M co �c rn m N co 6S S SO rot uroi N to A .+ W m a° Z N N N v Ulf IT CA a C O O y A O a ` 't O Q° m O Un no- fD W CD cr y. � ,t '1�,%`% �•' r� if W d O � �,i y ,1' 4 J''r 6m as p , n I ✓ Z C`i0 "i AO O U107 ►'7 W m l o cn f `Y7 c. o 4. -i O Imo to n •' , V W � ' � �� D O t d z rr,.x u'y J?9�0 in n m i WrriO O a N z Cx ~" Z Cd m C c ` �4jv \ ' Al p y p •��_11C _ `f�'�y �`4' i p �ro CO o SO ! v� E n h 0 fry w o m to Z cb 4 � o T, ^b tD O CD cp C 2) c N ro Ln N � V w C U O G O M m \ ¢ •\gyp sot t � C 1 I R (10 N �u %. � � _ _far " •� ' ,N+�}'•' kr' ) i ro SL131 t� N � � YEA- � .fL4'• ."'-_�- — .- 41, 8 d � � 4 ¢} Z DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE You are hereby notified that under the Terrorism Risk Insurance Act of 2002, effective November 26, 2002, that you now have a right to purchase insurance coverage for losses arising out of acts of terrorism, as defined in Section 102(1) of the Act: The term "act of terrorism" means any act that is certified by the Secretary of the Treasury, in concurrence with the Secretary of State, and the Attorney General of the United States —to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property; or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of an air carrier or vessel or the premises of a United States mission; and to have been committed by an individual or individuals acting on behalf of any foreign person or foreign interest, as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion. YOU SHOULD KNOW THAT COVERAGE PROVIDED BY THIS POLICY FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM IS PARTIALLY REIMBURSED BY THE UNITED STATES UNDER A FORMULA ESTABLISHED BY FEDERAL_ LAW. UNDER THIS FORMULA, THE UNITED STATES PAYS 90% OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE. THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT. COVERAGE FOR "INSURED LOSSES" AS DEFINED IN THE TERRORISM RISK INSURANCE ACT OF 2002 AS AMENDED IS SUBJECT TO THE COVERAGE TERMS, CONDITIONS, AMOUNTS AND LIMITS IN THIS POLICY APPLICABLE TO LOSSES ARISING FROM EVENTS OTHER THAN ACTS OF TERRORISM. YOU SHOULD KNOW THAT UNDER FEDERAL LAW YOU ARE NOT REQUIRED TO PURCHASE COVERAGE FOR LOSSES CAUSED BY CERTIFIED ACTS OF TERRORISM. PLEASE "X" ONE OF THE BOXES BELOW AND RETURN THIS NOTICE TO THE COMPANY I hereby elect to purchase Terrorism coverage for a prospective premium of $645. 1 decline to purchase Terrorism Coverage. I understand that I will have no coverage for losses arising from acts of Terrorism Policyholder/Applicant's Signature Certain Underwriters at Lloyd's Print Name Date _TBA Policy Number A WHEN RECORDED RETURN TO. nas-w;-Read Alito , Courtfiage & Bassetti LLP 1000 Second Avenue, Suite 3900 Seattle, Washingt -.98104-104,5 0 40806000649 FIRST AMERIM OCD 22 00 PAGE001 OF 004 08/0B/2004 10 eB KING COUNTY, A ' 00754 E2 0% 03/06/2004 09 57 Document Title: Quit daim:beed­ KING COUNTY. WA -I::.00 ft PAGE001 OF 001 e.0 Grantor: Southpqrt, LLC.-' Grantee: Building C at.,SokhP'ort,:tL Legal Ppsceiption: Abbreviated Legal Descriptiop: L90,..,Qty-:'bf Renib'n Short Plit LUA-99-134-SHPL Y FuH Legal Description: See Exhibit katt.ached r Assesso 's Ta-i ftrcel Nos.. 082305-9055-05 Reference Nos. of Documents Released or Assigned: N/A ISM' AM QUIT CLAIM DEED THE ORANTOR, -Sduthp'ort, -':LLC, 'fbr"and in consideration of conveyance to an entity under common ownership and control, c"6!nv'6ys-And quit claims to Building C at Southport, LL(# a the real property situated iri,jhe"County of Kihg, State".of Washington, nd legally described on In he attached Exhibit A, together with all after'acquired title of orantor therein fw4 q U Dated4r �Q, 2004 GRANTOR: SOUTHPORT, LLC By SECO Development, Inc, its Manager 33291022 07108/04 'j. TRrAMSECO IDEVELOPM ENT+SOUTHPORT�BUILDING C AT SOUTHPORT 31 M022 07108104 .2. TREADISECO DEVELOPMENTISOUTHPORT+9UILD]NG C AT SOUTHPORT STATE OF:WASHINGTON ) ss _ Uri`this:' 3v di"Of July _ 4 2004, before me, the undersigned, a Notary Public in and for• tl a State cif Waslvngtor ::duly "coni iussloned and sworn personally appeared Michael P Christ, known.t 'me .ta lie the Pros dentpf`SFCO Development, Inc, the Manager of Southport, LLC, the'hmited liability company that exect ted'the foregoing instrument, and acknowledged the said instrunient,to•-be the free and. oluntaiy"ac 'and deed of said hrruted liability company, for the purposes therein merbonea, and onb"ath stated that he/she was authorized to execute said instntment I certify that I know or have satisfactory evidence that ihe-person appearing before me and making this acknowledgment •isozl a person whose4true<srgnatttte appears on this document WITNESS my hand and offictal'seal herett>•affrxedAhe day and year in the certtfrcate above written... I kill" Signature THONIAS W RF-AD 'Trims NOTARY PUBLIC pent Name STATE OF INASF41 1GTON NOTARY PUBLIC to and for the State of COMMISSION EXPIRESsea ky N0VEj)ABER-.28. 20D4 Washington, residing at !t_ My commission expires 3129\022 0710$104 •3• t?UIT�CLAIM DE TREAMSECO DEVEL0PME.NIIS0UTHP0RT1BU1LD1N'G C AT SOUTHPORT WHEN RECORDED RETURN TO: 'Ph mlas W. Read .-Aisjon,.,Qourtnage & Bassetti LLP 1000 Sebond Avenue, Suite 3900 hiin gton 98104-1045 E2060757 "..KING COUNTY, UP Ftx. $80 too 00 SALX� PA8E001 OF 001 Document,-T.itle: STATUTORY WARRANTY DEED Grantor: Buildindt af*Soiiihp6'rt, LLC Grantee: JSLAND LLC' Legal Description: Abbreviated Legal D&J ription.--,ot 3,.LCity,,--'of Renton'-Sbort Plat -No LUA- .:1.99-134SHLP F*I Legal Description: See Exhibit A attached Assessor's Tax Parcel Nos.- 082305-9055-05 I ST AM.: -Reference Nos..;of Documents Released or Assigned- N/A STATU PRY WARRANTY DEED THE GRAN` O"' R i I qIn g C it Southport, LLC, a Washington hmited babihty company, for an&in copsid6rati6n of -a hke-!kind exchange under Section 1031 of the Internal Revenue Code and offi,e"r gy, od 0".nd vatuab.16 cofisid6ration in hand paid, conveys and warrants to JSLAND LLC, a Washi'Pctoh,�'nuted.-`hab . ihty,.�-cop . ppy, an undivided 35% interest as a tenant in conunon in the real estate situated in-"the`Cc;iirft3r of King, State of Washington, legally desenbed on attached Exhibit A. Subject to all easements, restnctions, covena.pts afid,r&stncticdis of record DATEDt-t 2004 STATE OF WASHINGTON } r } ss COUNT-Y OF:. i } 017 this ' day of `Tl�.h� , 2004, before me, the undersigned, a Notary lPublic in and for'the State of WashEngion, duly commissioned and sworn personally appeared .:: M thael P..Chkst, known`.to me`�to be the president of SECO Development, Inc., the manager of •SECO.:`Hol&gs, I.LC, the rtiembq"6f $ullding C at Southport, LLC, the hnm ted liability company_.that executet3 the f8Tegoini ins'liumeni; and acknowledged the said instrument to be the free and 'volyntaiy•'act arnd;:;deed :.of:` said iii�ted 1�6ihty company, for the purposes therein mentioned, and :on oath stated that li&was au.thoriz to execute said instrument Z cemfy that I know or have satisfactory' evtoence that the person appearing before me and making this acknowledgment• s the person.,cvhose true`sxgnature appears on this document. WITNESS my hand and official seal Hereto affixed: the' da"y and year in the certificate above wnt= GjQ' sionl Signature p= �G 1 p Pnnt Name ��'•• ,t-,s oa,.?C� NOTARY PUBLIC in and forthdStaie pf J�.,FpF•••`" �� `��• Washington, residing at _a o?'h 1.ii:r1 A►►!'My commission expires _ IJ Z� 3129\005 06/23/04 3 • DEED TREAMSEC0 DEVFWPMIEN7%S0UT14UrH P0RT%BU1LDM C AT EXCHANGE Rr Mn:' zc10 'D nmr. 2 0 0 kt� 2 a'. 0 W m a L-. C e mzo lop m 0 aMc OHI no n Ong x Pr '.menu w , 0 m00 r Ic 1 0, le Z7 93 -WWI 4 ton m G To n a w F.FF 0 O.m -nj0­X n Cl C>, x yNy,, 0.R. Mg yOZ M r. dUG�(D<D/3 1 9 (7 n TO. �,C. as Fw[uT" e O-r :v 0 cU G SAIW­ DETAIL A" Al, -LOT 2 k me.cI SO. T, r 2Y2 ACRES caRrAlGArep15AA-AD -LOT */rv\ . " .. si—C OF LOT A a C W LM.M-1?6 UA TK W 187.4 SO. F.F.IIIIOLD 10 -IS % . — . — NI � 11A. I 4.A,W TAIII FOR GAS A C.ECTW I -ES AIA3 AC• W-3 1. 6" ROAD. mc. NIT. A. 4-3 ACH Saa'.,.s T T61 r -'_}.- wY'.0/a�L' 9343]'�i T 1 rwu )a ............. n2s 2., --m .% ii�zw 'D use .I CONc. 3- -11 f, 'F oI f f CT" OF III0. . S7 AI C. 97 J� LOT 3 111066 SO -41' 3.77 ACRES zr ACC CZ E TA­ cb, C. .. .... LOT 4 / �/80 ­"rL n2,3 296�821 SO. FT. t A y A 22W 6.81 ACHES G w TLc1E 55. EGRESjyi DlAillY Fpl_.='- /' %_ THE I O(lCI:A Or I - STOIII, AI I - STONY IstrA -- ---_' :.. / 9M m III.2-_I`N' LIMTn IIASSul.It? TO �l LOTS MASS 000i C244 ads L� AS 'a IW W 0 FIT ­ . CAP.- . -3--n RLIPM A CAI% LS 4 24;37 10 W SET 6e nl KI70IIIII) DIIIIIIi-SIOA _t­.opmTy• TS ................ -- - "- ": 10 Aunie., -1. Ti W, OA AII.10II, C-MCY —.4 1 I&I — .1 H m III coe m. OF Car 4rµlICRONFOR. _SECO DEVELOPMENT, INC. S6UTHPOFIT SHORT PLAT AFAI ING Com 1 T, WASHINGTON 3ITb N.. L ..qb, RHT 9-9-99 .a III, :.' Too, 2 2 .:WAM I STREET AODRIESS (ABLE PTPI TRACC6:, LAME WASHINGTON S.0 �Amos, IN THE W. 1/tbF THE II W. 1/4, B.J!'23 t.. WNp., CITY: RRH- LOT Of A" It. III COUNTY. WASHItHSTOW - TOT] BUSH, ROIEDA WCHINGS, INC. CIVIL ENGNEFRS ALAM3 SURVEYCMS L074 I TOTAL SITE AREA - ji.10 ACRES. 2009 PmNon AYE. E. 120ti1323-4144 SEAM.. WAM102-3513 UJA-99-13.4-SHPL LND:-20-0?56 LLLL eT Tlltt imDzx 7RL, Dade this � day al 19, br- [woen PuGII 30VFM pJInt L LIClrr CQ(pAlIY, ♦ Ra.hlyt enr9on ,•Mre In ca ll.'d "Crarttor", and TIE CITY Or UWMTIr a sainlelp.l carp r•clon, harem gal F'd Y 1 i1R93[]7V: 71ut In een.ldrrat icn wf the •1tn of Pnu Radar 01,00) In hand PA[d, rrrotps nI rh., It hereby .,know lndgod, •nd the Per to rsanee by Grantee of tllr r„Irn+nt• ,'. e.l naher e.t !arch. Cr.nlm -1.hy SCIPIO unto Gr.ntrr, wlil-Vt va .,wey Nf an, laird, a right Of way lot rn•drty and reta4ed utility pyr Pu•et iiwl ar — end Inl1 +Irq ie.crihad land tltualyd In Sin Cwnly of %:1nd. y1 •,. .1 Ya rh,n,lnn ,,, rtt� [ .rr III Inc th.• 1lart}nnet corll.r of Cv rr nt Loa 1. •.z":I S. .evm Np 71 Nnrlh, INnv ) r.drt, Iflll+nrtir • I. rtd I,,,, ['„n,. 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Colllfl7 O1 RM j p DO this " day of 19 , b.fore rw paraaaally •Pp•ared and to sea kmm to be eAd , eelp.cc[.sly, of PLO= mm mmi b 0.ICIft coamt, the eorparmtioe that executed the within and ferseLn6 Instrtwnnt. and aelmowledded said lnetivrat to at the free Aral —iver- Lary Art and dted of said cerperAtian far the une tod pv-pomae thareln mnrionsd, aM on oath .turd that they were aothorleed to aeecuet amid Lnttrumnt and that the e..L Afila.J is the corporate eesi err Paw corpoestfen. III VITIfESS WILI'ftror' t nevc h"vwr.co act ey head And at"s of efflcl.i r t.el the day and J— ftrat ehnvr wrier'.. AOR eL ��,� d ylor yynrll r. . n hfe I� 9eta 1,111, ]r at,' tar }e vIOlL u�•h1r Kt,n, r*sld La et .. 6.1 vauk' 1d > f. �.'lYa1 A saved =wf iJA 6M Ky Id.15502 Llit? tYI A. W. 714b 1`,r Tant,�rt 40KTI+:!Cl ?AClrlr 4FIS:iAT 'n'.PA�T, � Vtecrnrsin r�r,,grs- ti—, h•re'.narter called RA1114V :n-nsrly, ror arA In cnsraSAaretlon of - One and Hollco Dollars 01.00)....................... 4"'^'•.•••....._... tI it paj,+ RM the arreorgnts ht,retn e.ntwtnredr does hereby `ram to the CITY ,rtirdeinel cerpwatlun of the ytpte of ib*hjn;tar, h--I after r•I1'i rij. an e:.e-Lrt •.^ t:aa fir ^shUr street nLTmaea jrclurl o g 1ra,' �+nselnt< or the %o.lver Cnmparg'e trek uri f^r no nthrr purpOM, t1:e rol- +•.'+�•• 4-!-,r✓`r+d +.itnnted in Xinr rq-rtyr Atau of L 1�e r—tion of lot 1 of :eotion P eri thr.t faction �,�. iRhinrtr.n Sher. i,rrSr, ar�ordine tic tit r-cn*ard "]et 11jn1: neat.rlr of r.nvv ww-t lot 4 of Action 5 in: +•r r---t at I of snli i"U-n A, Tmnahip ?3 Hart.F, unr. �� ant, ':.t;•, imicatrd in nod anlor )n ?failvay L�-q ^cy' -ar dated ?:arenber i�� 1pi,,,, rfpir•� .. t, 1"' •'•r. 1: e:L1."i-a ss exhibit "r.• rttAr-hed '^'i .� -.TI FMg ettitrlr iR :!'• ;I:ojeet to the 1'allnw r.0 tc.r. sn a-cdi In -n%: - '•1.. �•--htu n.. rfl- t7r3T1Ui! VT- 71.L,tCt, liOreYM, I.3e •.: 'e •ier7!t r .:.1.c^7 �! + reilnn; :;gq rly rwy w+ sl-. tT mite mtsicS- ... with trw -a r.• !*--7 Iri A-. ani :j:,r^.1!, Ir-. Rt:a dfV.' .. r.!.ng !!r-t.5'r- T•, p, , . .-r.: - •, iltrlin -ir 1., a�,i•' ;a•.r,ia•'a. �i ., .. .r. Uzi Rti •. rr,.:I an'' r r)6tr L^.t ...sin, s'.'ur.t rti,•. - a ~ •�.. e' .`� o-.- .+. rn rJi" rC:` -+r-•- ..! z '.r v. , Rs.. h ;•r r!va to ".l lt'.1^I ar c r.' ^f-r'_ .. r,. ::.r,. r•►KI• +': T., r. .. j... rJ•.7C�`: ... nl . ,•:j..R •. 1rIt•:e` 1' �+•� ^' i. I ,full, I •- .-. .,, VS ..r:a;. ,•L:tr',.''t' nl 1 .il .r.+.:c ':r.t. r' • .r. r>,•-vra'�. : at. e . i : r�. i.,.. ��, r rr; r tr,. ,� .. - .. :lcr �� -.rate .. .. i••. ell•. � 1'Iv ,•�._-�i-r r car._ ��., . �; 9i`-L.rY1CA, .'. f. -.T1t .r T„':f• a!al. .. f�...l• n. . 4 teti ilia day <-- ' ... �r.. �/c /'.fix a.. •�Yfi.. - ntte •. r. This Sketch is furnished ah axco surtesy oi. , First American Title Insurance Company and It is Nf a part of any title commitment or policy of title insurance. This sketch Is furnished solely for the purpose of assisting In locating the premises and does not purport to show all highways, roads, or easements affecting the property. No reliance should be pieced upon this sketch for the iocatlon or dimensions of the property and no Ilabllity Is assumed for the correctness thereof. N y W 0 E ORDER NO: 212753T SUBDIVISION: RENTON LOT LINE ADJUSTMENT RCDG NO/ VOL & PG: RCDG NO: 99O2019014 S QTR NW SEC 48 TWNSP 23N RNG LAND M3354 5; .'50 ` c I l �. 24.18 AC f ATER 478A30 SF 1 99 AC 4 1 � I 1 Zggqdl3S ,! ! r j� "PL �L 5`.9Z 5p Y,>f� Lot 3 ppr�h ° ! 30 30 A� 1 ' �B3 1540541 ',I ! ►0 3.77 AC / l,34 I ! 0 I N '4 e9N %I C+ a3 1� TCO 17-1682 pb' � 4 / 07� 1D53271 i Q� 2.A2 AC ` / h'; Q / 41 pQ;�O 334252 5F 1 7.87 AC gn S 1 Qy; 5 in S- ID/' H42JAMr\ , X�(41 NW 0$„23-05 'Fucm pEPA1tTMEH7otASSESSMENT'9 RETURN ADDRESS: CATHAY WASHINGTON LENDING DIVISION 18030 EAST -VALLEY jl �•HIGHWAY' KENT, WA 98032-2502 00408060 0653 FIRST AMERICAN HAI 25 00 PAGE001 OF 087 KING 08/06CO12UNT004Y, 10UA 062 r. HAZARDOUS S U BSTANCES'CEFiTlh CATE AND INDEMNITY AGREEMENT J1. Reference # fit applicable) Additional on page Grantor(s). 1 BUILDING C AT SOUT PORT, LLC 2 JSLAND LLC Grantee(s) 1 CATHAY BANK Legal D0criptip'n Lot 3, City of Renton Short plat No LUA-90-1 3 1 4-,SHLRddifi opal on -page A..ssessc,r's Tait Parcel ID# 082305-9055-05. THIS HAZAf[DiOUS.SUBSiTANCES AGREEMENT dated July 16, 2004, is hlede and executed among BUILDING ' "C `AT SOUTHPORT, LLC, 1083 Lake Washington Blvd , N Suite 50; Renton. -.:VVA $8056 loomietin as ieferred,lo below as "Borrower" and somaturies as "Indemnitor"l, and dA`TkAY BANK, wASHiNGT6N LliNDING DIVISION, 18030 EAST VALLEY HIGHWAY, KENT, WA 98032-25021-iraferfad to below as "Lender") J HAZARDOUS SUBSTANCES AGREEMENT (Continued) Page 2 .:For g04:d an cl'valua6le coniideratrn and to induce Lander to make a Loan to Borrower, each Pat , y executing: this qr�ee rnen�, .,reprpsents and agrees with Lender as failows PROPERTY 1!�ESCR-f'PTION` The word" as Livid in this Agreement moans the following Real Property located in -KING County, state of Washington PA RCEL,:A-" LOT. 3 OF cm.y`or l4ENTOA SHr0`RT PLAT NO LUA49.134-SHPL, ACCORDING TO SHORT PLAT RECORDED JANUARY 3,1.;-20OOiJNQER RECORDING NO;' 2000031900006, IN KING COUNTY, WASHINGTON EASEMENT FOR: INGRESS, EGhf SS .? AND�'RAILFIOAD CROSSING AS ESTABLISHED IN RECORDING NOS 6201955 AND 6317.5.1.4 The Real Property or its address 111`-COMO�0111V,'kn()Wri"86 1133 Lake Washington Simlevard North, Renton, WA The Real Properly tax identification number ti 08405-gro's 6.465 REPRESENTATIONS The followiln'g.t*prosen'�tatson's- are mado"to disclosures made and accepted by Lender in writing Use of Properly After due inquiry anitnvosaigA'ison, li dernnttor has no�`kn oWIedgq,-ar;(e2tson to believe, that :here has boon any use, generation, manufacture, slziroge,',lroofmsnt, 11(601`111101L lro)n$Portodon, disposal, ritaose, or - Aeatcncd release of any Hazardous Substance 6y any'Prsriorn on, udder, or abotit the Property °fissaroeus Substances After due inquiry and lr-lraatigallon hde'nrlou)hos no kttowlddga, rn reason to eeheve, that tha tollaleral, whenever and whether ownod'tV 1)16vl663 00cuPishls, has:avpr r nlained osci nther Hazardous Substances, whether used in constru6bji�Dr s4rocl orl'lha.4cllateral' ...�'stos.'�'PCB or 9tices Indemnttar has received no summons, citation, lrsct'V$, 10ftef Of-alhal comrrJiuntl:a�tion,:vvrjrten or oral, from any agency or department of any county or state or the -I! 6 G.verrimenttonceminq:iiny atlemicnal or WhInTertlional bct)on or omiasicin on, under, or about the Property whi,6 nai6rodliad irv'-'the �ieleaqing, spilling, Jea kiN'; Pumping, Pouring, emiltmg, emptying or dumping of Hazardous Substances rnto.:a'nV,:% . visiert or onto any lands -or wherie damage may have resulted to the lands, waters, fish, shellfish air of other natural AFFIRMATIVE COVENANTS.. Subject to disclosures made and accepted by Lender jn;wpting;* Inda4initor covenants with Lender asfoljl6vvs Use of Property lndqmnjIcr will not use and does not intend to use the Property to gener': Bld' !anulaclure, reline, if ansporl-itreat, store ..handle or dispose of any Hazardous Substances A Envt`ionmeital Laws.%:. Inclemnitor shall cause the Collateral and the operations conducted OA n 10 Compliance with any and'all Environmental Laws and orders of any governmental authorities having jurisdiction under any EnOironrne 'a,", Laws.,., and shall obtain, keep in effect and comply with all governmental permits and outhonzitiDni Zired tjy Environ7L"al Lirws with respect to such Collateral or operations Indemnitor shall furnish Linder with copies of all such!lperm I its aW. authorizations and any amendments or renewals of them and O shall not -Lender of pity ie'xPiralion oi"iravociiiion`�df it.10h Permits or authonzations Preventive, IrIvvslI6atory.:and flemedial A:6%iori, Indiimnittv. shall exercise extreme care in handling Hazardous Substances if Inds mnitor: uses -q r encounters any I ride mnjtor;� at Indamnitor's expense, shall undertake any and all provenvve, invasugalory.. or remedial action"finchi6in enrierge'ricy, response, removal, containment and other remedial action) la) required by any a . pp!icable Enilii�onmarilal LIM 16if -orders by any governmental authority haying jurisdiction under Environitiontal lawa,,dr (151 nec6soary.40i Prevent or minimize proPany damage Oncluding damage to Occupant's own proporiy)-;:,porsopiII injury or dAmagi to lKii environment;' -of the threat of any such damage ol injury, by releases of or exporura iiii H*zird!)US: Sulbst.fincos::in q6nnaciaon wrth:lhe Property or operations of any Occupant on the Property in the eventIndedinipr.'fails.10 perform any of 16'llemnutDr's obligations under this section of the Agreement, Lendermay:[bul shall not be -'required ;01-loorforimIU61i"obligations at Inderinnilor's expense All such costs and expenses incurred by-{.enderunder IN4 ssctiorj and olhory4o under this Agreement shall be reimbursed by Indemnilor to Landiii upoh:*mand with interest attha Loan default rate, or in the absence of a default rate, at the Loan interest tote Lander and Indlimnito'r intend thailkider shall have full recourse to Indamnilor for any sum at any time due to Landii".under ;his ARreemiaht l�'pojjbrming Bny.such -obh9strons of Indomrvtor, Lender shall eit all times be deemed to be the agent of Iridernmitir and shall riot by fej'jAn of such performance be doomed to be assuming any tesponsibdify:Pl i6demnoor under any Environimental Low bt to any third party Indernnnor hereby irrevocably appoints tondei'45 lodommloPs atiOMY.-In-flict with, full pOwdr to Perform such of Indernrutor's obligations under this section of the:'Agre monl'&s Lindol dee�IF'hocossiary. j'hd appropriate V Notices lndemnitDr shall immediately notify Lander upon becoming aware of any of thii iolloivng ....... .. . r M. HAZARDOUS SUBSTANCES AGREEMENT {Continued) Page 3 111 Any'spill, a Hazardous Substance on any of the Property, at in connection with any Of its Dpersuctnit d4u'61ri sP13,AalaDse or disposal must be reported to any governmental authority under 121.Any`conlismirititmn, or lrt+nrineri't lhroat:61 contamination, of the Property by Hazardous Substances, or any, violation of Ens iron ment b Lli�vs in cohneiiii6h, with she Property or the operations conducted on the Property -"*..(3) Any order, notice ot" V;o Int,ion, fine Drianaliy-or'011her similar action by any governmental authority rcJbting to. Hazardous Substancesor ..EnvirDnmiinij;al -.Law's and IhB PIOPetly of the operations conducted on the Pfoperty' [4) Any judicial -br administrstrv`a jn*�:estigatiory of proceeding relating to Hazardous Substances or Environmentil.lL i aw pand to,the Pro . pertVjor an th - a P foperty fSj Any matters: relating' to H azaedoUs Substances or En InT-OnrrrefftaT- Laws that would grve 0 reasonably prudent Lender cause to he co'ricarriiid thaii the value of Lentler's sacirnty' interest in the Property may on reduced or threatened iii thW'may.:'impaij, olthreattm'jo impair, linderniokor's aWr1Y 10 perform any of its obbgsitons under this Adr&arrienl when such perforrrliancejs clue ` Access to Records Indemnttor shsll-� (Illvgi to .t.aftdai, at Lend reque&L, .1 copies of any and an documents m IndernniTor's possession or to which it'ha$:itCC9315 relating to Hazardous SU­bstanelii'orT4EnvironrnentaI Laws and the Property and the operations conducii'd cri the Property, including virthOulrrnitahoh:.-Feauits of Aralory i analyses, site assessments or studies, environmental audit riports and othaiconliultants* sludi. d as an reports.% A �MZPocfion' a Lender reserves the right to inspect and investigateth'e Property and t0ratibins: oii n at any time and from urns to tme, and indamnitor shall cooperate fu�lily.wrth.Lendei in suft Ir ippVction-arld-invesbigatidtis It Lender at any lcme� bas Mason 10 15611OV0 that Indemnittor or any ccupants.-of thi Property are quire I re may Wei no"co lying-, with an applicable Environmental Laws nr with the requirements of Ms AAgreementor,%Kat..a mat.. ofis.'oiM of Hazardous Substances has occurred on or under the Property, 4-erW. J IApiV, release or Wei me to A'10i'10 furnish Landerat Indsimnrior's expense air environmental audit of a site ease ; a3majit with respr6ci to the rnatters'of concern to Lander Stich audit or assessment shall be performed by a quafthea col`1961`iant app;tdived by Lender Any :inspections o(toists made by Lender shall be for Lender's purposes only anq.ahatj !Wt bo.:aOridtrued-."I'D create any ra5pDri5Pb1l1lV.br liability on the part of Lender to any friclamnitor or to any otheF"jilitidiiii ` )NDEMNirows WA1VE1t'A11jP INDEMNIFICATION Indemnitor hereby inderrimfies and: h6dis. ' 'hatmiess. Lender and tienber'i'ofhcers, directors, employees and agents, and Lender's Successors and assigns and itheir officers, directors, iiip,10fites and aR ants against any and all claims, demands, losses, liabilities, costs and fixp4iisas Jincluding withoutlimitation anoinays' f0as-ot trial and on any 4PPaal Or petition for review) incurred by such person'Ala) arising out of or raialing to any !hvestiggtoty, or refinedial action involving the Property, the operations conducted on the Property or any orhor openatioris of l6demnriw or. -any Occupont and required by Environmental Laws or by orders of any governments) iit7itLoisrV'havin'g jurtsfttioh under anV'Envir6n1ran1aI Laws, or (b) an account of injury to any Parzor whatsoever or damage to any pFOj5ertVJrJs1ng-'OLX7of, in conn4tion with, or in any way relating to It) the broach of any covenant contained in this Ag'reenient, jtij the violation of any EnvironmentalLaws, (I'll the use, treatment, storage, generation, Manufacture, rlrantp6ii, releaia;::'apffl dtzr66isl or -other: handling of Hazardous Substances on the Property, Irv) the ('Ontarnmation 6f any of the:,0(crporty, by Hailtrdou:it Substances by any means whatsoever lincludLng without limitation any presently existing contiimir�alron.6f the 66poily),.or Nd any costs incurred by Lender pursuant to this Agreement In addition to this iridorn"n'r%y, Indemr . vtor hereby' , releases o'nd waives all present and future claims against Lender for indemnity or cortiribution in ifie event In , demnitor bicome's 1psble f04-;PIa11nuP or other costs under any EnvironrrienW Laws PAYMENT FULL RECOURSE TO. INDEMNITOR. -lindeftli . i itor in'tends,thW i.. Lender shot) have full recourse to Indentmor lot lindemlinor's obligations undtir,i.1his Ageitairritint ai;''thay.Aeconlis due to tender Such fiabL(TUOS, losses, claims, damages and expenses shall be FaTm:bwsilbia to'Lendiii as Lender's obli'gation-s'tr; M ' like PSYMOrits wrth respect thereto ate incurred, without any requirement of w llkhg for the Utiimsti)-outcome of any hug'lition, claim Or Other Proceeding, and Indemnitor shall pay such liability, losses, 4falms, dil:6008 and oiipenws-to Lendei.'ag'aid-Incurred within thirty (30) days after written notice from Lender Lender's noitce,shall cd�tai date of such notice a for I TV a brif itemization of the amounts incurred to the In addition to any remody'4Lvjljja. . 81ILtre to pay Parlodtcally such amounts, such amounts shall thereafter dear interest at the Loan default rate, or -in the,--ibsehco of a def6ult rafi`:'at the Lgen interest rate SURVfVAL The covenants contained in this Agreement -ih4fl survive (A) iho"Tapa r'ientof thti� lndel5fedn06.6, (B) any torecjos ure. whether jud;c ial or nonjudicial, of the Property, and, (Cl any 611VOFy of a,'deed'in. fieu of foreaOs ure to Lander or any successor of Lender The covenants conjoined in'Wsr'Agrepinentihal) be for -'the benefit of Lander and any sucreasor to Lender, as holder of any security interest in the PitipertV or the indolctednetij sorutpd thereby or :as. owner of the Property following loieclosure or the delivery of a dead in heir of foreclosure ADDITIONALTERMS Notwithstanding anything contained in the Deed o I T1`6211 anteled'inio between eortoi�arand:'. Lender dated of even (rate herewith, the Deed of Trust does not so c -' ura Roijowel's -�bjlgption durs"PA . der . thw-:, Y HAZARDOUS SUBSTANCES AGREEMENT (Continued) Page 4 :Agreement MIS, GELLANE:ouS PAOVf$IONS The.$0110wing rptsoollaneeus provisions are a part o1 this Agreement Amenifrhante,:` ThtirAgreement, together with any Related Documents, constitutes the antra understanding and aj reement . the Parhes as to the meltsrs set tortli this Agreement No aherat+on of or amendment to this Agreernent:>?hall he effective unlesp given in rtirnin end signed by the party or parties sought to be charged or hound by�ihe alteration or amendment Arbitration fAamnitar anal Lender agree thst. nfl iiisptnes, cleans and controversies between them whether mdrvrtlnplr )pint, or ekasa rn`naturat:artsmg irblic is.Agreemant at otherwise, Including without limitation contract and tortdisputes, .0till bitarbitrated purraaiit ib tha4ules of the Amancon Arbitration Association in effect at the time the claim Is filed, upon request 041ther."part!'No Oct to take or dlspose of any Collateral shelf constitute a waiver of this aibdratren agrgamonli bo proh+�ltad..by-thls arintrehOn .ipiaerrient This includes, without limitation, obtaining relief si a temporary fastraming order, fnvokinp a powar of gals under any dead of trust or mortgage, obtaining p writ pf attilchment or tmmon posof•,a recaive'r, Of exorcising any rights relating to personal property, includmg;taking:'or dispasirig of such property,:wtth or without judicial process pursuant to Article S o! the UniformCa"tt,mercr&I Code AnyAtspu;", claims, -0r cpri'irovenies concerning the lawfulness or reasonableness of any act, or•'+Hererse of any night. ooacii any Collateral, including tiny claim 10 rescind. reform, or otherwise modify any agreement'reletrng 1p the Collatyral, that no arbitrator shall have the right :ahall oleo be arbitrated, provided however br•tho power to snjoin or restrain any act of,eh'y-party Judgment upon any award rondared by any arbitrator may ba ohterad in ii court havin4,}urladiatiory Nothing' in, this Agroeiripnt shall Tirecludo any party from soaking equitable relief {rpm a'0 un-of comtxnentjur+styiction The statute Of,bmitattons, :estoppel, waiver, lachoa, and similar doctrines which would otherwise bespphcaffle,I party "ed:petion.brought by ' shall beepplicable in any arbitration proceeding, and the epmmencomsm of 0ceoding an erbrtratlon prratio)) be deemed the commencement of an action for these tPumd'ses .+`The -Federal 4"Wittation Act?shag' apply to the construction, interpretation, and enforcement of this arbnra0on Provlcipit Atloriiti Fees, Expenses If Lender institutes any scat or actioa,tq�anfgfce any of tfie germs o1?this Agreement, Lender:er shall be entitled to rover such sum as the court may adjiltlga reasonable aB attorneys.feesiet trial and upon any appeal Whether or not any court action is involved, and tb the 'extant not prghibited by low, all reasonable cixpanses Lender incurs that in Lender's opinion are neeessary.at any time for the protection of ris 'interest or the enforcement of its rights shall became a part of the Indebtednesy•payiblo on demand and shall bear interest at the Note rate from the date of the expenditure until repaid Expenses coVared:by this paragraph include, without hmrtanon.`h6Wsysr subject to any limits under applicable tow. Lender's atl&neys' fees acid Lender's legal expenses, .whether or ndiahere is a lawsuit, including attorneys' fees and expenses for fiankru'ptcy proceedings -.,,.krielud+ng'effdrts to modify or vacate any automatic stay or injuncirci appeals, and any anticipated post -judgment coflertion servroes, •the, cosroi searching records, obtaining title reports (including foreclosure foports), surveyors' report ', and appraisal foes end title rosurance, to the extent permitted by applicable low lndemmtor also will pay any court.nosts,:`in addition to all otheasprns provided by law "Caption Haii ige 6ptiori�headings in thiICAgreement are for oorlvenlence purposes only and ore not to he used to interpret or define`the provisions of this Agreement Governm13,lew This Agreabtent wlll be governed{by, construed and enforced to accordance with federal law and the laws of,the State 011 VOihiogton This Aoeemen 'has been accepted by fender in the State of Washington Choice of Venue,,., If,111 .is a lawsuit, IndaitYmtgr agrrtns upon Lender's request [o aubmn to the iurrsdicuon of the courts 01 KING County, State ot:Weshingfon Joint and Several Liability.'. All otiiigaUons oi.Indemnnci under t}iis Agreemant shall be joint and several, and all references to Indemnnor shall moan eaih-and.everylndertinitor :•Thts means that each Indemnnor signing below is responsible for all obhganons•+n this Agreamot No Waiver by Lender Lender shall'riot be'deomt3d to .have weaved ony-rlghta under this Agreement unless such waiver is given in writing and signed by Lersder 1Jc delay or,'omrpsion on the parf-of Lender in exercising any night shall operate as a waiver of such right or:eYiy other right, ::A waiver bY- Londe r df,.b provision at this Agreement shall not pra)udica or constitute a waiver., of Lender's right .dthery ise tq demand suict compliance with that provision or any other provision of this Agretiinprtt',lNo prior Wsover,by Lender, nor any course of dealing between Lender and indemmtor, shall constitute a waiver at, any of Lerider*s rights,ot oi.any;of Indemnnof's obtigebons as to any future transactions Whenever the consent c4lerldar:4 requued tinder this Agreemont, tits (Fronting of such consent by Lender in any Instance shell not constituia copt+nuirtg consent to subsequept instances where such consent is required and in all cases such consent may ba'granted or,vvithheld in the sole discretion of -,Lender Indemmtor hereby waives notice of acceptance of this Agreement by Lander. Notices Subject to applicable law, and except far notice requued or a)iowed by ,lava to be givgn In another manner, any notice required to be given under this Agreement shall be Qrvttn in vIrrting; and shall'be effacuve when actually delivered, when actually received by telelsceimile (unless otherwise rOquuod.tiy law), whed'•de os�te with.,,' HAZARDOUS SUBSTANCES AGREEMENT (Continued) Page 5 O;n0t'Onally reopgmze'o overnight . 11 causer, Or, Of marled, when deposited in the United Slates MOIL as first class, cerh'fsed ojr`�Og,j1ered-maiFpcistqg* jer9pold, directed 10 the addresses shown near the beginentng Of this Agreement Any PaTlV'May,'bhange 1t8 addresi' 1pr norjeiis`bnlior this Agreement by giving formal written notice To the other parties, iipeclfyinq that the leurpcse-of thq."notice JS:io change the Party's address For notice Purposes. Indemnitof agrees ;D keep Lend6i inlrbretted at jit.,jimas of for. notir'q Cullom address ,re�uired-:'6r alfbw a�v to be 94 an�lhar manner, if there is more than one Indemnitor, any nonce g)var, by Le ad bV.j-j Subject to OPPlicillple Jaw, and except .1.6der,. t8 any %. �jab'fMitor rs clearned:jo Idenotica given to all eriderrinttors Soveiabiljty I" court Of OcImPeteitit jurtsdi6arl. finds unonfoirrooic' . . arry Provision of this Agreement to be illegal, invalid, or as lo.-.'any crrcurrwotce t.h&.t.' lichhq. shaill not make the offending provision 1110981, tinvolid, or unenforceable as wany airier cffc,6Wta,.t.%oa;, If feasible, the offending Provision shall be considered modified so that it becomes l9gal, V.ibd W4' onfordenble" If.-.:1:d=,ng Provision cannot tea so modified, it Shelf be considered dalilled. horp this Agreement UnJ4 re, requprod by":Iaw, unonforcesbillty of ah.V..pfOvr$X)it of Ov's Agir .' I cemcht shall not affect the legality, 'L the Illegality, invalidity, or a va ther PfDvision of this Agreement liclity or enforceability of any Successor$ and Assigns Subject to AnY1luF1uta1iOnf;'9We;14`:ithis. A" .. transfer of Inderri interest, this Agreement Shall be 1ptnciiirig upon end inure P(OGITIOnt on ownarrNp Of the Collateral Life lb tho.,bene�t of the pjmo'�&.- their successors and asstgns If Indemnitor, may deal with Inde be'�Omeisl-vested In' 6 PtisCirl O�Ier -iihari'Indefinnitor, Lender, wnhoul notice 10 rinnnior'e." of forbearance or extension wTftLrt successors wrt§'reforence jh� Agre'ement,acid.1he Indebtedness by way roleiaft Ind.amnit6r from the oil"galiocis ft-J clebtedneas b01116IS Agreement or liablijiyonder 71mv ii :011 the Essence Time is of the essence in the Ju. P rIG ra.,6o i'IhIS A 'Waive clay-. All parties to this Agreement hereby We WriOi to MY Jury'irllaf in. arry action, n, proceefng, orcounterm'tgoughl by any party against any other pa DEFINIT1.0 V. NS The following cDpIlahzed words and letrris shag hieve the f6 JfOWmg'_n;'..r nc eanings,-'whe6 used in This Agreement ':-Unless SP8011"CallY stated 10 the contrary, alt references 'b'-dollar:,imounts shall mean amounts In lawful ..�Moneyr'of thd. UnitedSlates of Amenes Words end 16IMB used Fri the singular shaihncl"de th�`Pjt�lal, and the plural ihashall!hclzjde:the singular, as the Comex, May requIro Words and terms not otherwise cletined.in this Agreement shall havelhe mcianmps:1111ribulad 10 such terms in The Uniform Commercial Code Agreement :The wprd�"Agreem,ent' Means this Hazardous Substances Agra m h Hazardous Substances Agreement nay to amended or modified from time to lime, together with all oexnt-b's#isi�:Ians thi.$'Hazardous'Substaf)ces"Agreement Itom time to time schedules attached to dosanbed Collateral '* The word :'Collateral' means all of Incemnilor's fight, Title and interest in and to . 'iiji the Collateral as lri-the Colla4ial Doicription section of this Agreement ­.Environmontal Liws .:'The �vorcI5­'Ennrifor imontal Laws' .PfOlection of human health Of The environment, mcfuding without r66�lalioni and' ordmiincos-.rajatl�g TO 66 mean any and all state, federal and locat stalules, limitation the Cempre'honsl%ii 6vLronment6l'Response, Compensation, and Liobilrity, Act of 1980, as amended, 42 LF S C Section 9601, at kq;-:'f'CERCLA"), the Superfund Amendments and Reauthorization Act of 1986, Pub L No 99-49b., ('BABA'), thd Hazardods Cc mitamils TrarsPortalion Act, 49 V S C Section 1801, et seq , the Resource nservation. and Recovery-.Acl, 42 U S:C Si -el or reside pursuant ant l6elo 106 6961, et 904 Of other applicable state or federal laws, rules, pdfe u ';­�: ., f Hazardous Substances The Words 'HazardDLilir ean concentration or pt alef'SIS that, because Of their quantity, co 'Yelcoil, -�harni6bj.dr-oillactfoyi a 3 f pose a present or POtentrof hazard to human health or the eft�onrnenj wh6h.improper .. Use Irealid, stared, 4 We transported or otherwise handled Tha,v�ordi "Haiardous, U ' . is aged of, generated, manufactured, S stan S' are 50 in Their very broadest sense and Include without lirritlemon any eOFW 0--hazar6ous Or toxic" substances, a iials or waste as defined by or listed Lender the Envlrohmentah Laws The term "Hazardous Substancas':-els0 includes, IhIlhourt limnstion, petroleum and petroleum by-products at any fraction there .6f and asbestos Indebtedness The word "Indebtedness ' means all.-prmck" I Pa and other arn[lvnit, costs and expenses Payable under the Nine or Related Doc umoAts_.t60,Dthat,: with all f6noWaIS of, ORt nSjort. Of, modifications of, CDnsolidalrons of and substitutions for the Note eror Related Documents and:�ny . " "a Lander to discharge Indernrittor's obligations or exil'" .. Amounts expended or advanced by Onset indurrad'-by Lander 10 anf]6fca I0demnftr1S,.Objjqonon& under this Agreement, together with interest on such amounts 09 Piovocloo in this Agreement Lander The word "Lander" means CATHAY BANK, its successors and assig nt Occupant The word "Occupant" means Individually and Cotlaclively.fil) per§ons.nr enTitid: rho Collateral, whether as owner, tenant, operator or other occupant S OCC . UbLy.1n6 or Llieliz.ing" Property The word "Property" means Off Of Indemnstor's right, title and into t FOS Ln and ti]:all the as - :•- • •., n,crni:Mecrnptiop' section 0111118 Agreement Real Property ;;The words 'Real Pro>ferty'..rnean the real property, interests and rights, as further described In this Agreement Related• Doeumenti The word8`;"ftdiated Dot;urrrertta" mean all promissory notes, credit agreements, loan apreemcolla enwronmental agredrtiints, guerAhtiaS, security agreements, mortgages, deeds of trust, security deeds, collateral," yJl other imTrunxnts agreements and documents, whether now or hereafter exrsting, axecu7ed in eonnaction With the Inda6tadnoso: EACH PART'Y•To'TFRS AGREEMENT ACKNOWLEDGES`HAVING READ ALL THE PROVISIONS OF THIS AGREEMENT, AND EACH AGREES TO fTS: NO.'FOR(yAL AGRF AGREEMENT EFFECTIVE THfS AGREEMENACCEPTANCE BY LENDER IS NECESSARY TO MAKE THIS T fS DATED:JULY 15, 20D4, BORROWER BUILDING C AT SOUTHPORT, LLC SECO:DEVELOPMENT, INC , Manager of BUILDING C'pT 600THPORT, LLC Michae P Christ, Presideml5ecretary DI CO Deve opment, Ine;r LENDER' CAThAY BANK Ahonzed,Sigper mo - LIMITED LIABILITY�COMF-ANY ACKNOWLEDGMENT SZATE OF �[ i COUNTY OF I SS On this �� U day of ' Notary PublrC, personally appaared':Mlchael'P Chris esrden, p{ gi4D. lomein m , ha undersigned known ip me Or Proved to me on 'the'-,iasis of sat4factory evidenre'to be-6 Of the limited liability company thlai executed the Hazardous Substances Agreement. and a dead of the iimned kabilay Company, by authont ofq� �edi Agreement to be the. [tee and voluntary act and the uses and purposes therein mentioned, and on h tit ,{i3�e u ��� rSrg6O128T10n:0f Its operating egreament, fnr and in fart cxecu[ad the A raement on te1}a!f o1 t$R�1Ad� ire ts::authorized to execute this Agreement BY vto ' QrtA�J- �. �. Y y� : Notary Public In and for the State of � .Wer �• ' G' eorrimrssidPU it ex ras 1 oa,.• HAZARDOUS SUBSTANCES AGREEMENT (Continued) Page 7 Notary Public, personally appeared r.,.., 0 � . before me, the undersigned me Of proved to me ori'iha=basrs of satrsfpc[ory evrdence,to be the and personally known to agent for the Lender that ixeeu ed the wifhrn.;a authorized free and voluntary act and deed;cf the:seid.i.endgr,D cWly agutihanzed by and Le no throughsai board of director,d instrument obtoe otherwise, for the uses and purpDeea therein:mentio'ned, and pri oath stated thdCbe or she Is authorized to execute this sa:��e�,an��the corparyte seal of sertl Lender gy y�o Notary'Epblro in and tot the State of� t✓ruig comrtt,tslon expires`: �A�. :`Q NaTgRy'm. 4UU7 1 Uvovu,402 t , _ RETURN ADDRESS: CATHAY BANK WASHINGTON LENDING DIVISION 18030EAST VALLEY HIGHWAY KENT, WA 98032-2502 0025236.00 MODIFICATION OF DEED OF TRUST Reference # (if applicable); Grantor(s): 1. BUILDING C AT SOUTHPORT, LLC 2. JSLAND LLC Additional on page _ Grantee(s) 1. CATHAY BANK I ST Q AM Legal Description: Lot 3, City of Renton Short plat No. LUA-99-134-SHLP 8'124S3'VI Additional on page 2 Assessor's Tax Parcel 1D#: 082305-9055-05. Reference Number of Document assigned or released: 20040806000652 THIS MODIFICATION OF DEED OF TRUST dated August 24, 2005, is made and executed between between BUILDING C AT SOUTHPORT, LLC, a Washington limited liability company, as to an undivided 65% interest as tenant in common and JSLAND LLC,- a Washington limited liability company, as to an undivided 35% interest as tenant in common, whose address is 1083 Lake Washington Blvd., N. Suite 50, Renton, WA 98056 ("Grantor") and CATHAY BANK, whose address is WASHINGTON LENDING DIVISION, 18030 EAST VALLEY HIGHWAY, KENT, WA 98032-2502 ("Lender"). E ZUUbl UU3U02527.v MODIFICATION OF DEED OF TRUST (Continued) Page 2 DEED OF TRUST. Lender and Grantor have entered into a Dead of Trust dated July 15, 2004 [the "Deed of Trust-) which has been recorded in KING County, State of Washington, as follows; On August 06, 2004, es Instrument 420040806000652. REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property located in KING County, State of Washington: PARCEL A: LOT 3 OF CITY OF RENTON SHORT PLAT NO. LUA-99.134-SHPL, ACCORDING TO SHORT PLAT RECORDED JANUARY 31, 2000 UNDER RECORDING NO. 20000131900006, IN KING COUNTY, WASHINGTON. PARCEL B: EASEMENT FOR INGRESS, EGRESS AND RAILROAD CROSSING AS ESTABLISHED IN RECORDING NOS. 6201855 AND 6317510. The Real Property or its address is commonly known as 1133 Lake Washington Boulevard North, Renton, WA. The Real Property tax identification number is 082305-9055-05. MODIFICATION. Lender and Grantor hereby modify the Deed of Trust as follows: Definition of Note. The word "Note" moans the promissory note dated July 15, 2004, in the original principal amount of $3,550,000.00 as modified by a Change In Terms Agreement of even date herewith executed by Borrower to Lender, together with any and all ranowals, extensions, modifications, refinancings consolidations and substitutions thereof. NOTICE TO GRANTOR: THE NOTE CONTAINS A VARIABLE INTEREST RATE. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed of Trust shall remain unchanged and in full force and effect. Consent by Lender to this Modification does not waive Lender's right to require strict performance of the Deed of Trust as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall Constitute a satisfaction of the promissory note or other credit agreement secured by the Deed of Trust (the "Note"). It is the intention of Lender to retain as liable all parties to the Deed of Trust and all parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this Modification, li any person who signed the original Deed of Trust does not sign this Modification, then all persons signing betow acknowledge that this Modification is given conditionally, based on the representation to Lender that the non -signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial extension or modification, but also to all such subsequent actions. GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF DEED OF TRUST AND GRANTOR AGREES TO ITS TERMS. THIS MODIFICATION OF DEED OF TRUST IS DATED AUGUST 24, 2005. GRANTOR: BUILDING C AT SOUTHPORT, LLC SEC DEVELOP T, Manager of BUILDING C AT 50UTHPORT, LLC By; Michael P. hr[st, PresidentlSecretary of SECO Development, Inc. JSLAND LLC By: Mich a P. Chriat, 5pecl eneral Manager of JSLAND LLC 20051003002527._ LENDER: CATHAY BANK X Authorize cer MODIFICATION OF DEED OF TRUST (Continued) Page 3 LIMITED LIABILITY COMPANY ACKNOWLEDGMENT STATE OF Vy-A COUNTY OF V, 1 W 6 ) SS On this G- day of S-�e�,r,.�- 20 Ot;- , before me, the undersigned Notary Public, personally appeared Michael P. Chr st, PresldentlSecretary of SECO Development, Inc., and personally known to me or proved to me on the basis of sari f "R#ence to be a of the limited liability company that executed the Modification of Deed of Trust and ac h e dificetion to be the free and voluntary act and deed of the limited liability company, by authority81phl....1 g Vpf organization or its operating agreement, for the uses and purposes therein mentioned, and e4�6^4Ciq�{1 ?ghe is authorized to execute this Modification o and in fact executed the Modification on behalf IM. III �li�� it mp$ny. By Vre� r aSiding at �d Q 1tt r 4.,r fS Notary Public in and for the State of W� �N;III'ti pV B\- ' K Zy commission expires %�J�`•y'•. 11.89•06 0,F• w 0%,OP WAS /H ���• LIMITED LIABILITY COMPANY ACKNOWLEDGMENT STATE OF l" c ) SS COUNTY OF On this L-ty, day of Sew -dew 6{,*— , 20 Q v , , before me, the undersigned Notary Public, personally appeared Michael P. Christ, Special General Manager of JSLAND LLC, and personally known Ia me or proved to me on the basis of satisfactory eve gt111Vdljq/ o1 the limited #lability company that executed the Modification of Deed of Trust and acknowledged t��? odi('tdgl c b,Kor e free and voluntary act and deed of the limited liability company, by authority of statute, itr��d its operating agreement, for the uses and purposes therein mentioned, and on oath stated•t�te�1'she�f��d to execute this Modification and in fact exe;�=Zon on behalf of the limite�liaitiif� efl�iyFn•, BY � L/t..tiif' V� � � "'�a� • ZfiBsiding at he U rN A 1G 0= I Notary Public in and for the State of ,�: �61. �71y commission expires 1� �29 - 0 1 f WAS; o YUUJ'1 UU131JUL9L I .-- MODIFICATION OF DEED OF TRUST (Continued) Page 4 LENDER ACKNOWLEDGMENT STATE OF , --r I ISS COUNTY OF 1 On this L r day of 20 before me, the undersigned Notary Public, personally appeared ZZ and personally known to me or proved to me on the basis of satisfactory evidence to a the , authorized agent for the Lender that executed the within and foregoing instrument and ackno edged said instrument to be the free and voluntary act and deed of the said Lander, duly authorized by the Lender through its board of directors or otherwise, for the uses and purposes therein mentioned, and on oath stated that he or she is authorized to execute this said instrument and that the set"fixed is the corporate seal of said Lender, By Residing at Notary Public in and for the State of My commission expires OF w--P�,,ff J11 RETURN "ADI!AiSi'S4. CATHAY BANK W49hiNGTON LENDING f8020 EAST VA:LLEY:I: -HIGHWAi :RENT. WA 98032-2502, ...2004 060006 TAM 1cm, I op, 013 or /2 32 go 4 C Nry, UP Y DEED:, -OF T ROST : DA7�.,.-.:,. July 16, 2004 8T -AdditlDnii on page..*' le fereince jif applicable) Granlorls) .,I BUILDING C AT SOU7HPORT, LLC 2':.-jSLAND LLC CATHAY BANK 72 FIRST AMEFUCAN TITLE INSURANCE COMPANY, Trustee Leghl Description Lq3, Uty of Renton Short plat No LUA-9D-1 34-SHLRddttio'nal'on pace Assessor's Tax P ifce 14 D # THIS DEEDOF TRUST is'dated ,,I`61y 15,'.:2004, among BUILDING C AT SOUTHPORT, LLC, a Washington I rmitad IjaIAIjjy company; as.: . to an tindivided 65% interest as tenant in common and JSLAND LLC, M:Vathington 14`n'lled ha&f11y'company;-.as to an undivided 36% interest as tenant in common, whose address 16. 1QB3 Lake. WasMn9t6n"8lvd., N. Suite BD, Renton, WA 9BD56 ("Grantor"), CATHAY BANK,':W"li'aae irnaihng;'addrias I" WASHINGTON LENDING DIVISION, �HWAY, ktNf, WA " . .:. 16030 EAST VALLEY HI 9803X25p2'keferred to below sometimes as "Lender" and sometimes '�':oa ...... 40neficlar.V"), ..hn6 FIRST AMERICAN TITLE INSURANCE COMPANY, whose mailing address Is 2101.176w-th.Avenue, "Suite ?12, Seattle, WA SB121 irelerred to below ae "Truttee"I Z? r DEED OF TRUST (Continued) Page 2 CONVEYANCE AND GRANT, ' For valutible consldsratjop, Granter conveys to Trustee intrust with power of sale, right oi:entry and possertsion,iiati"dpr the benefit of Lender li& Diineliciary, all of Grantor's right, title, and interest in end to the foltowuiC described, rear property, ;eogether .wih tll1""sting or subsecruently erected or %Nixed buildings, Improvements" Vlid lixujres,.ill easrufien,§, tights ;til`ivaq. and appurtanances, so water, water rights and ditch rights f nOuding stock in utthilas wilh ditch of inigation`rlghts},. and all other rights, royalties, and profit% relating to the real propartyY.m�ludmg .wrlhous hmrtbAgn ai}nenerals, 8sl,;gas;'9eotharmal and mmilar matters, (the "Real Property") located In KING County, State af"WashitsgtYin:':;. PARCEL A, LOT 3 OF CIT`y,. -DF REf1Ii 0li SHORTPI.A? Nd`:'-LLIA•99434;SHPL, ACCORDING TO SHORT PLAT' RECORDS JANIiARy 31, 7QOO �{ NDIRR RECORDING NO 20000131900006, IN kING.bO A17Y; WASHINGMN PARCEL Bl EASEMENT FOR INGRESS, EGRESS AND'.RAILROAD..: SIN0 AS`:ESTABLISH.ED IN RECORDING NOS. 6201855 AND 63'17.510 ' "''' :.,. The Real Property or Its address is oomtnoitly knoyvn es 11: Lake' Washington aoule�ard North, Rento6, WA, The Real Property tax idendlfreartion-humber Is 0j2�05,9055•05;' Grartor Hereby %sirens as security to Lender, ag of Grantor's night,'Tet•'s, and interestAn-aw to all leases, Rents, and prolste,iof eAe Property This assignment is recorded m accordance 1vgh ROW 55'•be 07p, thq: han'craetad by ttvs assigrfinarit is interred to be Specific, perfe:tad and Choate upon the recorchnp;pf lhis;apeti of Tftist ,'Lendgt grants to Granter a hconse .to collect the Rents and profits, which hoarse may be reyokad et Lander.'% option and shop be autpinauce(jy revaMad upon acceleration of all or portof the Indebtedness THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY }NTEREST'.'iN THE RENTS AND PERSONAL PROPERTY; WG1YEN TO SECURE IA) PAYMENT OF THE INDEBTEDNESS'AND IHI PERFORMANCE OF ANY AND ALU-05LIGATIONS"-UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST THIS OEED,OF TRIJ$T, IS GIVEN AND'ACCEPTED ON THE FOLLOWING TERMS PAYMENT ANfa'PERFOttMANCE:: Except as otherwise provided in this Dead of Trust, Grantor shall pay to Lender all amounts secured by;ihss DBed of Trust as they become tine, and shall strictly and in a timely manner perform all of Grantgr,s obligations under:the Nate, the Nied,oi Trust, aril the Related Documents PDSSESSION`AND::NAll'iTENANCE OF THE PROPERTY Grantor agrees that Grantor's possession and use of the Property shalt.t)g govexnad by the:follo%vng prat/ $iGn$ Possession and Use Untri'the accurenca di an'Everrt of Delauh, Grantor may 11) remain in possession and control of the Property; IZI use, opoiite,or. manage .Iha Property, and 131 collect the Rents from the Property Ithis pnvdege'ia,q,jioensc.lrom:Landef to biantdr automatically revoked upon default] The following provisions relate to the use of the Pi'perty or to other limuaudips an tlie'Property The Reel Property is not used principally for agncultwal purposes Outy to Maintain Grantor shaE: Rlaettaln the F1'operty in tensriiabla aondston and pfomplfy perform afl repairs, replacements, and marntenince rie:asa0iy %6,preselve lts.lrallle,:' Nuisance, Waste Grantor shhlI:fwA'cause, conduct of peral-, any nuratice ear comma, permit, or suffer any stripping or or waste on or to the Propartp or sny portion of tho-•Property Witrivut limIr+ng the generalily of the foregoing Grantor will not remove, or grant to any dtS ai pally the right to remove;any-limber, minerals lincludog rid and gas), coal, clay, $:aria, sod, gravel or rock ptpducts.Lrrthout Lander'fprior wirnen consent Removal of Improvements Grantor Shall not tteihof+sf) or iiemoyR any.lmproyp(rierlrc from the Real Property without Lender's prior written consent As a condition.to th6 removal of any lmpioaements, Lender may requrre Grantor to make arrangements satisfactory to Lendai to replica such Imp'iovsments ivrth Improyamtrma of at least equal value Lender's Right to Enter Lander and Lender's agents and reprasantatrves may enter upon,fite Real Propesiy at all reasonable times to attend to Lender's interests and to inspect the Real Property :tor. purposes'. -of Gr.antor�s. complufn:e with the terms and Conditions of this Deed of Truax Compliance with Govemmenta! Requremeats Grantor shall prom¢tiy coisipfy," and shal!'"prompuy c.*r a DEED OF TRUST (Continued) Page .3 ro#,ripliin,-o tky"Bri. agents, jciiqohts nr D I Jhar persons or entities of every nature whatsoever who rem, lease a. nttierivrse title of occupy 1hi 0;0pvqy-4n any manner, with all laws, ordinances, and regulations, now or hereafter rtet 11 gorvorrimqn1al aLnhii title' ftpflcibto;-Io the use at occupancy of the Property, including without Gjaiittar may contest in good faith any such law, ordinance, w 129q!SkLU61,wid Awithhold criiiiPtiance t0umnt Any pme . teds r;lg. including appropriate appeals, so ifing as Grantor rids • rotilied Lindt'r' in wfarrig.,prior 4o'doing so andr-sio bnq Its, to Lender's sole opinion, Lender's interests 11) the Proowiy are no: je6pwd1zod laqiiira Grinior.to post adequate serurity or b surety bond, reasonably 6 118V igtoey to Lawider, 16 Prot&�t Linder'Intwost But:to pietist'Grahi'or agrlia3 nei;tiel to abi'lft I n 'Dr. leave unattended the Property Grantor shall do as other was, titadd,i= 4m�' 10 those acts set forth aba,-6s 6040111, which from the character and use of Ina Property are reasonably necessary to P!(nCcl Anil presiaivalhe Propi6ify DUE ON SALE - CONSENT,8);'LENDU? Lander may, at Lftn V 3 opii6q, (A) declof . a Jrnmadiali:4, due " payable A[ :;ur-is securrd by this Dcsd`;61 Trust:'Or (S) incitiase :Ljhe.,6 wrest ratid:,providod ,for jrY the Nate of otherclocivitieni :?,,duncino thr Indebtedness and irn;ioso sur:h otfiar colnditins as Lender 4deem, OPProphate, upon the Bale Or transfer, 'will1rut Landpr'e pilot written consent, ot:'all itr-ariv phrr.bl thapiral Property, or. any . interest in Ina Real Property A 'sale w transfer' means Ina corive�TiCo'. of Real Prot mn ' V or ethy n4li11 Title CT-4i5tafesl in the Real Property, whether I8gvl !)OLneficial of SQuitable, whether vW6ntaN or iniiolu6tary,.i�hethei-by wr4ht $A, deed, installment sale contract lAw rintraci coritroc, for deed, leasehold interest �vilhj tatiWoramer 11�6� lh-� interest . T ree (31"reats, lease-orition conuaci, or by -,Filt assignment, or transfer of any bLrnaficial "'Nst in or td:any land trust holdino,wie Proplerty, cl.by any other indihod at conveyance of an irlirrost in In Real Prop 'Ay If any GrarMor Is a corporation, pliftneirsturp oT`6n*d flab Hy.-:coi�Wy, transfer also includes any charVe in Props iDf"more +an t,4entV.1pye percent 126%) of tha yoing interests or limited liability company i*rcsts, as.j15e case may be, 0�4tAGrantor Hovye'ver,,,',thi% ani ;: n shall not bo. oxercisob by I ender il such exercittt is priohlbljerl;l�y fideral law ol, tw:. ghing43 1n . w TjL'ES AND LIENS:. The 101cwing provisions relating to The taxes and lions on the Properly we part 01:4rw Oleed of Payment,: Grantor shall pay when due land in all events prior to dell'ri'46--ancy) all taxes, . spacial.taxes; asse . mments .barges (including avatar and scv.arj, fines and impositions levied0901115t of.en account of th'g Piciperty,"and shell 'iav whe!l, due all claims for wtprk done On or lot services renoeled or ma%tijiaS lutnishErd 10 the FiciperTY Grantor Piall maintain the Property fret; ct all pans having priority over or equal to the iniceierstuf Lariclerjnder-ahis Deed of rust .r;xrepl.iinr Tnejwen of taxes and assessments not due and except as other' "se piovided in:tNs Doicic of Trust: A grit :a Contest Grantor may withhold pail,mant of any tax, assessment, 0; claim in coruteriiiorn with a good N0 disputo oyar the olARati.on to pay, so long as Lender's interest in the Property is not jeopardixt;0. Af a hen arises or . filed IS 8,-reSui-..0I nonpayment, i0tantrit shall within liltuan 1151 days After the lien arises oii; it a ben is filed w4hpn.filtcon 115)' days,Wlpf-'trantot has notice of the librig, secure the discharoa of the lien, or if requested by 11,,l. Focf, deposit with Lender Psh or,a"iUff4clent corporate Surety bond or *Thar securay saltsfaclofy to Lender in do amount rartliriwto dLirhaF9:e Ik lien plug'any COSTS and attorneys' fees, or other charges that could acclue as a ip-,ult nl A' foreiilosurt or Wv-,'unde, the lieri::, In any contest, Grantor shall defend 31800 and Lender anif shad %1111sly Anyyladvo!ie'judgmaiit -lialorp erillorceme'rit against the ProPonY Grantor shall name Lander as an addistionrl r.bW3et imdb env surety 136ryi iutniaed in The Evidence of PayMarrit ..iG1ahiO( shall upon tlQT0ndJurn,sh to Lander satislaciory eviroonce of payment of the taxi,.Zir assessments andihall siithonic the appropnat6 govAInniciltaill oliwial to deliver to Lander tit any time & wrptjers siatinmant of the taxes 9nc*,:BSSVsSfnerst5 against the Pr6perty," Notice of Construction Gr�ii.ntor s :i i : a . I . I L: notify alify Lander aileast. . I . ifteeK ... It 51. dayt before any Work, is commenced, any �,;rvices we lurrushed, or any maicrials iiiie su-pi:od,:to thi.PropeHy. d iiny mccitanic's lien, materiaimen's hen, or i for Lan routs be asserted -nn. 0CLOLIFIVDI Ina work, SeFY)COS, 6F ��lenaii . Grantor w4I upon request of Lender f�vnish to Lender advance Lisit3rarres' zajjjIacj*rV w t:ender;lhnf ofani 'can• And wrl4 pay the COS, of su.-il 1riptovefrieniii PROPERTY DAMAGE INSURANCE the. following PIOV131[ins relating to rnsvfiq-tIhu Pi000fij' are a part of this Deed of TFL,,,L .14ziplariance of Insurance Grantor shall pror'64`.il'd matinlain'Polic-i-es. of-:�I:irtr insurance w . ith standard exrendec cvcrage andor4aments an 0 fWaLOnnent bail# lor'the W11 insurable value'�covering a11 Jmpfovernen 1s.cn the Rea: Pre,porty ri an amount sufficient is avoid application v%-lth.*is sleriiiard,rnortgisqec louse in favor of Lender Gf*illor shall also CroCure and maintain ' �Omp4hens!va general hibdl'y insurancti-in suchI.-YONge amounts as Lender may rcqLJOSt with Trustee and'L-artidat bm . ng named js addijt6nal insureds -in such I-,lbohly iasufacca p6cies AdWitini5fly, Grantor shall maintern'itich other ifisuraftee, tr16ijdrr.g but -not birthed ro 1;oza,d bu%iness interruption, and boMr inswatice, as Lender may seasonally requre .:Policies 1l6bio WflUen, I, ,in enias nts. coverage- And bus s reasonably acceptable to Lendei-:4nd issuice by , . '0 ccm lz anias , DEED OF TRUST (Continued) Page 4 . . ........ ion§or6bFy accaptabli10 Ltnolig" Grantor, Upon request of Lender, MJ deliver to Lander from time To bins the PcrlicLis Of iniau;anl;e in farmSPILSIArIOTY to Lender, including stipulations that coverages will net b,! *qiillao ot'dlm6shed'wiiiiDtft at loasi thirty 1301 days prior written notice to Lender Each Insurance riclicy alsin shelf inrlude an aindcriionoent plov'4;1.0 thllill,led'v'B_M�Ra in favor of Lender will not be impaired in any way by any act :omPtsicni.'6r daLault. of Grantor or any, Person,::'Should the Real be located In0-1 area designated by .: the-Dproiiiot of the iedii;il Erneeqor cy,;ManagerrisintiAIQMV AS a spectat illood hatecd area, Grantor agrees jr. Dbta,n and i tn'$irntain"Fedct'al Flona i4tanca, tfr'a41b`brV,-ir;itNn 45 days after nonce is given by Lender that ihr PfOOFty +S locate4i5m a iiiiiscitil Jfobihazard aria, for:ihe hill unpaid principal balance of the loan artd any prior beoo, an i6e..P,openy ;icurtnd the IQjm tip-Io thema'iirnur�:%*hcy limplo set under the National Flood Insurance Programor as DIN!ti�P 4MNd try L . irdei, and to moinllatrisuch insurance for the term of the loon .�. Application of Prue" Giilr.lo.- t".11 Plot'notly,'noilify.'Lericlor of any loss of damage to the. Properly Lender may make proof of loss -.-if Ginakof lzii'io 661 so vAiton iften 11 Si tisys of the cissuasly Whether ot not Lender's securaii, is smparad;-.Landor moy,,-'a; Lender's AactrA, fac.onm-and retain the protioeds of any insurance and aprl, the pioceads to the tod9cuan of the In.i5ebWne&s;, paym, ent ol'ilmy lion Affecting Uha Property, or the iestorstion and repair of the PropoOy 11 Under f9aciato apply thii proceeds to.rostoraticin and repair, Grantor shall gopair u, teplaca the damaged of cts&iroyed,:'imprdvamartzs.::in a manner sattsfacto'r?'Ltti Lander Lender shall, upor,, 33011-faclOVY wool 01 surh ex'. 0onditdre, pay or-ioinrtlbuiso,j&> for ff6m tllioi:pfocesdz for the reasonable ocst cril iePalF or restoration it riwow --. Ot ln-'4faQfi uridair 6s Deoid of:.Trust' Any PT0008dit which have not bear disbursed wiftn I BO days after their rpc_eipt lind "ich-Ionder . fill$ �W omfrtfttod 10 the repair or wasloratlDn 01 Lho Property shall be used !iry to pay any airriouni nwiti-9 to Londer`6ndir IhW-Davd of Tjust, than to pay accrued interest. and the remorridar, if any, shall 6--°applod to, the rlftcipal balance oi thq`i`nddbisdness II Londay. hoidi, n aI , y'faroccc ds after payment in full o the IndobLetfroass, 'iuc ':'Ptoc o ecrill sholl.'b­c R!Jd without interest to Grantor as orant8i't interests May appear .'Givnlof's f6i ' port on Insurance Upun request of Lendet, hDw0V:ei mot more th*!,l ppce a YeOr, GiArnor shall 16rnish i;i Lender a report on each exisleig Policy of instnar3de,*h6wcng-* (1) -rtha Aame lil lha risks insuted , (3) ",the MOM, of the WicV. 141 the Property Insured, I,h*; 1h0i, current toplaceniient value �:Of suchpfopbr't"V, and the mannor of dineirmining that value. and IN ths;exioira . tion'dow or-,the-polfcy::Grantor Shall, upon rcqikbt t?f Lander, have an independent appraiser satisfieclDry to Lai4ir datarrorsnii the cash value replace Do' 1.� - , . ..ment cost ot!thD9 .perly LENDER'S EXPENDJTURES If any anion or Proceeding a commenced that would materially affect Liander' . a interest ir. rro,.?-,Poclty,of 11 Grantor fails 10 comply with any provision of this Deed of Trust" &-ony'Aefato'd phcumcnts including -16CIOL limited xo.:Graritoir'& fadwe 10 disrharge nr pay when Out any amounts Grliftlof 1i feq6,ro4;lo discharge or pay U.r,�'vr in-ibead 61 Troti-i or `any Fteldtoe Documents, Lender on Graniov'ir behalf may lbut'ihoill not be obligated tol take dnY. -.w6n th2LT'Leriytr dearrU appfopfzszo, including but not limited to discharging or payin . g e", I taxes,lions, serufay rnr cats, oncvmidrances and othef claims, at any lime loved or placed on the Property arid payi 16-ail Costs for insuring,, mal-11ijoning and psaiservvij'ihe Psc�peryy All such toxperroilluies snowrod of paid by Lender for sucK$urp'osos will then bear interest ln,i4e rate chjrjjvd v'ridce the Note from the date incurred or paid by Lender to the date of repayment by 'Gcjr,tor ...All si�'ch expenses will .60come-TV041 of the indebtedness and, at Lan6ar's option, will JA) be Payable on ou,iiiji:iY, 181 :be added W the palajili'a of lhd:Xoie and to apportioned among and be payable with any insiallMern pay-n-nis to tccorns ' cult -durrrA q)`aar 11) the ii.rm of any applicable insurance policy, or (2) the remam4ng term ni lhe'ljote, or tCi be 1r*iterl a*-'a.�o400n.A&YMentYjhPch will be due and payable at the NO19'a maturity The Deed ft! ru , '$ISO witt secure paytono}i 61 these amounts Sulh..Iight shish be in addition to all other rights and ierritdies v) 7 wry h Lender may be entitladvphn Deshuli WAqRANTY, DEFE"E.0F`TJTCi --Via to ownership of the Properly are a part of this Deed of frubt Title Grantor warrants in pt foj:Uiilrrtor lholdigood 'and zhorloeiaholo..Iille of record 10 the Property in fee simple rfee and clear of all liens a0d encumbrihcos other fhan those se I i fonh'.in the Real Property description cr in any •ale insurance policy, bile report or f�ngi [iliaDpirolon iss;jad id fav6r oli':.znd accepted by, Lender on connection with this Dead of Trust, one Its) i$,rTpf6't hai the NJ] right; power, and atiLliortlylp execute and deliver this Dead of 'FUSI. to Lender Defense ol Tifle Slib[tCl to the A n it,. PaIii9ropi '81bo4iia, Gfiant.or warrants end will lorever defend the ,-tie to tho Property against the lav,!ul claims of all personV In..'t'he oo . em any action or proceeding is commercud that questions Grantor's title or the interest of Tryt'taie or L'andqi und.4r lhsS.04od of Twit, Ocanlof shall defend the fiction at Grantor's expense Ginniop maybe Ike hiiminarl liany in such Plsoceodirq,; but L"r shall be entitled to oamicinozo on the PrOcledwi and in be raprisoniiii, In:the joriocoL, I ding b ccursel iDf Lender's QVYD choice, anu Grantor will deliver, or cause to be cielivered, to Londe , f; such: 1.64ar may foouest fjojtitfma to tjrnLj L oarmil such paitimpatinn Compliance With Laws Grantor warrants that the Property end Otan'lor's,use qi the Property complies wnh loll applicable yaws. ori:iimnses, and requistions, a' govevnmenial ;;-Ihojruts DEED OF TRUST (Continued) Page 5 S arwival of Rap!ailarilations and AN roprosertiattons, warranties, end agreements made by Grantor in . this peed icfRTrus% ;half soiviiy4 the execution and dellvery of this Deed of Trust, shall be continuing in nature, and sfiali'rema "n I& fore -a a eff"t LertW With time as Grantor's Indabledneiss shag be paid in full ;.Ln .. .6d I'.' ... .. ...... :7 CDNDEMNATION The fofiakria proy4ions r is : .. a ling 10 013ndetnitalmin proceed:ngs are a part of this Dead of Trull, Proceedings It any pioread;ny im c -flgd, Grantor shaili promptly notify Lender in writing, And La emn8liDA iql'i, a� GfbniDr ihai4fpromptly loSuc �e 'Cp5 at. ml.W'ba rftati:iry to defend the action and obtain the award Granin( may.; be the nominal parry in bl.;6`h-'-�r6caading,"-but La�ncfor,,iha he entitled to parhcipate, to the proceeding and to k represented in 0o prFo"codprig' try Counsel of lj,j OW.�r:CtjoStle &I at Grantor's expense, and Grantor w:A deliver Or LaUgo lo,btfiollveroq-to Lender such:'instrum9n1s.'ind 6cumorlitalban as may be ractuested by Lender from time 10 lime to permit such. pa(ur-jpaj$0n Application of Net, irocbad'& If all:: or any! pa'rj,o': f 010"IPTOP" is condemned by emineril Come in proceedings or byally proe"odinj) Or Pyreha'se in Pop of coiidamri�tjorl,' LandjvTrmv.at its elamon.7equve that all or any portion or IF.r -let proceeds of ".1ne"awita be iippliad:io thi Indebtedness or `6e repair or ristOiiillrOn of the property The ne; proceeds of the awarci'shall moan this'award aftri paymapl ol all i"'sonable,' 05t;, exPCAses. and attorneys' fees incurred by Trustee or Lender is coTecjlori wiih,iho'cclndmrr_ib"on. IMPOSITION OF TAXES, FEES AND -CHARGES 9y,4OVEFtNMEj7TAL AUTHOPJTiES. The following Provisions relatinq in governmental taxes, fees and cW66 brel-a parCi:if this Ned of friiist Curren) Taxes, Fees and Charges Upohtre.Auast.,lOy Lender, Grantor stall tht; Deed of Trust and lake whotever th 8xe0L1l0-ZvC1h-.d0c1�menT$ in adchlion in 0 0'schoill is requested by Le&6 .. larto,perr-e" end continue Lenoot!i,iltoin oo 'Bil PIOPWIV Grardot shall leirnbu7ste Lender 101,00"tiXes. 04:tlascr6ed Villow, 10001�41 Acu,rfire qen faco;ding, pelileti-ng or , Wnil 01V�xp�m;m continuing T6 Deed of Trust; InclUding ��'OMAcznitazlpn all 6'X jig : Z:fees, documenfbr,y stamps, and other charges for rac,ordTLn--i0.of regisj�� this Deed of Truif Taxes The'101lowing shall consmuto taxes to which jKli"s,ection applies :ill a iiiiiar�c lair,upol) lhlj&,'jype of DeWol TfLJ3t'O( upon all or any part of the iridebtaidn&ss seemed hpIh "� lsDaed of Trust. (Z &LjpeClflc tax on Cjramo;:Ayhich�Granior is authorised or squired to deduct from 0iVialprm on th0.ln'11l!i6iedneSs;'i3ec,.40d bye'this type uf-.'Deas:oi Tt6:st, M a lax on thil, typo of Dead of Trust chargeable agalh'st thi Ltrldir or t) 1p holder of the Note, acid 14 a sporific lax on all or dry portion of the Incletitedness; or on pat )Bents of prtnmp# and InTartist made by Grantor subAebuen; laxog. If any tax to Which this section applies to enacted su'b" eL 6' 0 to line 115te, Of this Dead of Trust, this evenLsitglf have the same affect as an Event of Default, and Lonelier y...,ox4o'clse airily or all of its for ors'-fvent Of Default as provided below unlasa Grantor ell 4111 .'Oays ,the tax baler; it 1;iccor-iL s,-Wnqccnt, w f2j;- coilicsts the tax as Provided aboveabovein the Taxes and Liens sdimon,ind deposits will, " Lender gastl'or a s,uPic. , lent cc.rpot.)te surety bond or other security satisfactory to Lando, SECU"T).�-�GR'EEMFNT. FINANCING STATEMENTS The tollown; provisions rejabrig tc Itus D : aad of trust .�..nt 8 e f- . a h O�L . ri, of 3�lcas a Security -Agreeinant..' This- ms06r-eril shill.const-tule a Security Agreement to the extent any of the Property constitutes Lander shall have aff.of the rights of a secured party Linear the Unificiril Commercial Code as amended froiiiltma to..ivpe Socursty Irijirest Upon recIUCSt by Lentler, Grantor or . lihall take vkatevef action is requested by Lender to perfect and conl,inve:Lend,es--i seruriiy interest in Lira g6nls ' and Personal Property In addition To recording LNS Deed of Trust w the taaf'proper%y.'roroi�ds. Lender may; at any timi:and "IthDidit farther authorization from Grantor, file cxccu[9d counterPSIES, ciiniss 'or reproductions of Iltis Debd of. Trust as a (inonakng statement Grantor that: 'eirriburse Lorldor [of all experlsoi: 1'�c' L3 - tired in 0affeating or.'roafthuing.1hic SOCUTItY Interest Upon default, Granter shall not remove, sever 0i'%dolach the Nrsonal Property from lll�e Property Upon default, Granter shall es5arntie any Pori,onal Property not iilfjxerj ID thiprop"erty x . r . ) a rnsn'nar wind ai z pfi6ie reasonably convenient to Grairilm an: -enver and make it avadabLa (6%LqGdbr within ih;es t3Ir*days:'AFW fccetpt, 01'wirlllan demand from Lender AO thp cylont Pormilled by applicable Ia.V Addresses The mailing addresses 11 Grantor �4iiilor;:::and which mformation rflncernirriq :he security interest granted b�, this Dead of 'fius?:may tie Oblatn" Teach as':'Bct'Jlfed by the Unilorn-, '"'Ornmer(.1al Codei are as stated on the lital'Iiiago-tir this Dead.ol Trust Tel FUP.rHER ASSURANCES, ATTORNEY IN FACT Tile fciowo g or"�v1slo. alf&mley in fact are a part of this Derd of Trust 3 ng: 10 further assurances and Further Assurances At any jime ann from lime to time, iJpcn roquast"of L6iidar_'Grant6 . r ✓ . I . It make, execute and Jahver, ijr will cause to be made, owe -cured or delivered. to Lester or t6 Larider's designee, and when requested Londe$, cause to be filed, recorded, relded, of rerecorded. as Ilia Celle may be. A I I sul uosle-, by and grains as LaMar may deem appiociriola, any arid bit such rncrt6aq9s,'0oedi'o( V ch.fimes en'd�in such offices Us,, DEED OF TRUST (Continued) Page agree0enls, financing, statements, continuation statements, instruments of further assurance, certificates, and otfier'docunw6l'i,•as may, irF..tjte sole op'rnton of Lender, be necessary or desirable in order to effectuate, complete, perlact, cofnmue, or preserve fI),.,:;,Grantor's obligations under the Note, this Deed of Trust, and the Related 6o6ments, and-'i21 .i tie hens and securgy'iMierests created by this Daed of Trust as first and prier liens on the Property;:whether now owned or haraattef acquired'by Grantor Unless prohibited by law or Lender agrees to the eonvery'in wittin;,.,Gtarlthf &hat$ *Iib.4rse Lander t6i:,au Costs and expenses incurred in connertion with the mattsis ('starred to tin tfus:paragraph "r A116i'rteym•Faet ;,-If Grantor fails to;do any of'the th'ingis feferfed to in the preceding paragraph, Lender may do so for aerd.rn tnq nof: Grantdr and at GramorI. expense For such pwposes, Grantor hereby irrevocably appornrs Lender is Grantor's attornoy'rn•tact8ina for the purpose of making, executing, delivering, filing, recording, and doing an othor things as may,: be emoassaryor desirable„in Lentfer's sole opmiory to accomplish the matters referred to in the preceding paragraph FULL PERFORMANCE 'H Grantor pays at :.the Iridabtgtlness=whe'ri'due, and otherrdrse performs all the obopauons Imposed upon Granter u6dcr this Ceed of Trust, Lq�def='ohall exooute and dativer.;to Trustee a request for lire! reconveyence and shalt execute and dIWei to Giantor-surtible statementtt of termtnatron of any financing statement on file evidencing Lerder's security interest r i theAents indAle Pa;aortal Property .Anyraconveyarice lee shall be paid by Grantor, it permitted by applicable jaw :`fits eianiep tin my rerionvgyance:may 6e'tfescubed as the 'person or persons legally enrrded theretn', and the recr•.ali in the facanveyance`of arty`matters:or faces shall be conclusive proof of the trtithfulnass of any such rnatlers or facts EVENTA. GF DEFAULT Each of the fDllowing,-•at Lender's t1ptioq, shall cony tnulor an Event of Default under t;si Dead of Trust` .Paymont=psfaoll Grantor flails to make any psymaAt whan dua,under the lndebtedricsd Other DefeulAt Grantor farts to comply with or tr"Peffprm sny other let m;'pbbget101%''coveihant;br condition contained in'this Deed of Trust or in any of the Related Docurruints or to comply wrth or to,perfoim any term, obligation, covenant or rendition contained in any other ograomerit bail een Lendar,and...Granlor., Compliance Default Failure to romply with any other term, obligation, oovenant or:aandition pantair}ed in ]lira Deed al.Trust.lthe Note or in any of the Related Documents .Dafaulton Oilier Payments Faplure of Grantor within the time required by tfirs pead of Trust to,inake4ny payment for taxes or 16rurance, Or Any other payment necessary to prevent hbng of or t` YIWcf discharge of any lien Default in Favor .ofTbrrd:Psrttes Should Grantor default under any loan, extensiontil.Cratlrt secuity agreement, puft:hase Qr safes agreamdrlt, or any other agreement, in favor of any other creditor Or':0eryon thai may materially t•flect any, of Grantor's pr6perty or Grantor's ability to repay the Indebtedness or peyfprm'ther respective obligations under ttss'Deed of, Trust or any of the Refaced Documents False;StetRrnenta Any wairamy, representation or statoment made of furnished to Lender by Grentcr or on Grantor's )ehell'under i n this Dead of ist•or the Rclarted Documents is false or misleading in any material respect, either now or at the vine mide'Di furnishaoor becomes false or misleading at any time thereafter Defeeti4�Copatorah'iattort:' Thts Deed. of Trust or any of the Related Documents ceases to be in full force and effect Pnchrdmg failure of aril coflparat•.documant.yo,.create a valid and Perfected security interest or [ten) at any rime and for..any roasorr` Death or Isolvenoy" The dissiilutrnn of'dtantor's (regardless of whether clertton 10 conturue is madel, any member withdraws from rho lalgid liability company.' or any other termination of Grantor's existence as a going business or the death of'eny ma(aber, the insolvency of girarm;?, the appointment of a receiver for any part of Grantor's property, any ;assignment' for the benefit of eredttorp',, any type of creditor workout, or the commencement of any proceeding under:eny,bankrupuy or Insptvertcy 4etiva by or against Grantor Creditor or FDtfenure Proceedcrga Correm0ncement ofAoraclosurC or fgrfpnurq.precsedrngs, whether by rudr:ral proceeding, solf-help, repoaeossion or any Other method;'by any critdnorof Grantor or by any govarnmental agency against arty property securing the Indebtedness;'%,J its m0}udes a garnishment .:nt any Of Grantor's accounts, including deposit accounts, with Lender ;}However, this Event -of Defnult•,st rl nst''epply,if there is a good faith dispute by Grantor as to the validity or ra ionablengss of the olmrn which is the basis of the creditor or forfeiture pioceedmo and if Gtaraof gives Lentlar wntfen,ftttiaa oYthe-'ei0dit6r of forleltu)o, preteeoing and deptiarts with Lander monies or a surety bond far The creditor procaedmg, !A an amount detetrnned by Lender, in its sole discretion, as being an adequate reserve or bond'fgr the:dispu:a J3reaeh of Other Agreement Any breach by Granter unoar the terms Df;any other agreement 6stween Grantor and Lender that is not remedied within any grace period provide&thefern,;including wjjhOLPhfnetavon any agreement concerning any incabtedness or other obligation of Grantor to Lander, Vrhathpr existing poyr or later"`::.. Events Affecting Guarantor Any of the preceding events occurs yvttit (aspect to dny:Guatamor:El an the .. DEED OF TRUST (Continued) Page 7 Indeb4driess 9! any Guarantor dies nr'i' al . Per any %wanity 01:the-hidebledness I ' Secomes incompetent, Of revokes or disputes the valor idity of, liabilit Or IT14 Ad"rso Vhantji A.-`rnatiti ad%lt`r'icharla"orcurs Ln Grantor's financial ctindmort, or Lander b eyes the Payr"nont Or ljjairloimlknii�;of thwindaieted'eleas is: impaired lnsunl�. Le6der in:'gooff . faith believillia'- rtselt Ct lfw Q R)GHTS-AND REMEDIES ON:1515FAU�T':.ff an Evaii of Dolauirl:-occurs under this Dead of Trust, at any time ereallers ft TrUSLeft 6r..Lender may' exercise any'oii , ir more ol'ibe 101113wrAD rights and remedies Election of, ,R0friedies by Lender to pd'rs;:ra:'&oly remedy shall not exclude pursue of any other remedy, and an election to "ke,experridituties ci %ake..tictlibn to - tPetform an Obligation of Grantor under this Deed of Trust, afterGiantor's failure to ioerifofm, shall not'afiep� Lender's right to declare a dtihuli end exercise its rernecle$ Accelerate Indebtedness.' Lairbi shali the right at rts-6'ption 10 declare the entire indebtedness tolmedlantly dvn and payable, incJL%its- any R "elpaiiTant g)rafty.xvhlC)i'Gran"or"'-N.Cijfd be raq6lii pay Foreclosure With respett to ail or any pan of 1his Real Property, iiiis 7ruti - &.s power of sale and to lorecrtiso b 1`10 have the right to exercise its Y, Ai sole, And:-Eendef shall have 'tt d right to foreclose by judiciial foreclosure, in orther case in iti ' rance , 'Wrth to the full extent pr6vided b*:jepplicable law VCC Remedies Wrth respect 10 eV or any part,of thi PDrsonaii,ilr7iji *del shall have all the inghts end remedies of a secured Party under the 11'1rl1fOfA Cwomar�iat Code C.ofleci Rants Lender shall have the right, iii AQtci G I arlrm�, T 10-: take ,: and MaAage,.ThD Piopeity. and collect the Rents, including amounts pall dug find uripald,.Jrtd apply the, net '�rccaBds,::' vat ' nd !ibove Liniller's costs, against the Indebtedness Fri. furLharen.06 Ofthis fight, Lor . idoi roi� req%. 'o .:a . 0 tille any tenant or other user �3 ' f the Property to make payments of rent'-bfr. use ;tees actly"10 Lender:.,, 1 the' Renttl; are c011eciid by Lander, thoWiGrantat Irrevocably designates Lender as rne 13"ilrii's aft aft -in-fa6t: to enderse intilt6miti' rerilved to paji thereof 14 MG name Of Grantor and to negotiate the same a .tcoll "' a proceeds Peyme�ts bViteriants of other users�4o Lender in response to Lander's demand shall si'Voi:ithe.ibb JDatti6ns'iiar Whi6ft the payrniants are mice, whether or no: any proper grounds for the demand existed:' Lender movexercise...'Its rights radar this J s6bparsljtoph either in person, by agent, at through a receiver u :Appcvli Aecmrvrer, Lander shall have the light To have a receiver appointed 16 -.take pM 811sion-of ell or or any paof Ing Pr6perty, :�Alh the Power to protect end preserve the Property, to operate fKe Properly r . loading or pending !Or0Ql68Lrfi tit salo,'ioi ..to collect the Rants from the Property and apply the PrDceo;A�o alter d above the Cost Of tr the indebtedness The receiver may serve without bond I r! -r ad bV law Lender's L4hi 10 lh4 OPPOIntMeAt Df'e receiver shall ejost whether Or not the apparent Value Of thi. Property exceeds the lndebisdnoso by A �%ubst6ralaif amount Employment by Lender shall not dreg t4 y a p , Ohj Om serving as a receiver Va f Tenancy it Sufferance if G ionic;. -remains in possession of the Property 0181 the PtDParVe Is 401d as provided 'a'Sove or tender otherivvise:becomes entitled to possession of the Property upon default of Grantor, Grantor shall necome ia� le"ht at Suffe.rahra'al Lender or the Purchaser of the Properly and shell, at Lender's option, either (1) Day a roaikonable 4]rttol (vi ilia use pl.the Pr6penry, or (2j vacate this Properly immediately upon the demand of bonder Other Remedies Trustee or I-Ond"B"F a lie I I any' olhe . fight or remedy Pf0i in this Dead of Trust or the Note or by low Notice at Sate Lander shpfl give G(Ofl%Of rea&0133ble rioli,.a if the:tirria and place of any publi sale of the Personal Property or of the time after whE 'jenq privijilt'sale.cr other iinreridee,fiiitposjtion Of the Personal Property is to be made Reasonable notice 0211 mean notce given at east-.lart (10' t ) dayi. ' before the time of the sole or disposltion Any sale of the Personal Pf6PR.r :Y may bi made in -6'onjun6pon with any Zola at the Real Property Sale of the Property To the extjfll"p.rmllied by::tipplicii,1b1e la�,, Gir--anloj.hoi waives any and all lights 10 have the Property marshalled In exercising its r . tghts and nd riarriedies., thi Trustee or Lender ii be free to sell all or any Pail 01 the Property together or sapaii' in one siliti or tiy'sepairelo:sisles: Lendepshftu.ba entitled to bid at any pubir.- sale or, all or any portion of the Property Attorneys' Peati, Expenses If Lender instllut . eg. isity suit` or icTion."to enforce ply, of the',jerms of this Deed of Trust, Lender shall be eni to recover such sum-os the court May adjudge raisohablis as*attorrleys* fees at trial and upon any appeal Whether or not any court actloh is-involv6d, aripd'to the extent n4t prohiVilai Saw, all reasonable expenses Lender incurs that in Lander's opsllott are;.:nocelli at aftY,"'tirrie i0r,641 PrDlaCt+on of its interest or the enforcement of its rights shall become a poll 6f.thh indebtedness P4�awe �n:derji ant shall bear interest at the Note rate Item the daze of the oxpencinure until iiIad .:t)(Pertiias e0veii this p;ragraph includg, Without Umstatili R, however subject to any Omits urdef 0 OPlicii taut, Lender's lees and Lander's itli expenses, whether or not there is a lawsuit, including atloirtays' foe's:a66 exi),r% for bankruptcy - Proceadirigs A DEED OF TRUST (Continued) Page 8 InCluchhg 61101rM. to modify or va6tc IVIYfbulllirnaruc stay of injunction), appeals;, and any anticipated post-, dp t .1 c9ileetion sarviciti obtaining titleMrlCftS llnelading loyerU m r liorUte reports), suieveyof-ti, repofts, and We insul"ohics. oncI fees for the Tustaa, to the coolant oerinined by applicable law Z:afilof Afi't) wi[PpOrf ari5-J:ourf rMlli., in addition ;;`041 other sums provided by law Rights of.rruslee Tfiis Let:-s hall hava'alto the rl%4, arid-durilies of Lender as sat faith in this, secuar, POWER9 AND 09LIGATiONS.,0F TRUST The 1.1. - �inp'provrwons relating to this Power; and obligations of Truster I P,., svaf�i- to Lender's IC:i(ructions] arts nett of this her ot-PL-si Pow f T-V"' I.-, d:dellll�n to all'obwals oiliruatoe:'arcscsn as a matter Of IBM Trustee shall have the power tr. the 1011o,i,ng Czl*rz ­rdl icsPqm to ths.Prgpe rfjctipon the, wintion request at Lander and Grantor (a) J(Xn in proparinD and tiling i MaP.%& P101. 01 thre.6id Plopany, including the vealcisiroon a., Vich"M of other rights to the Public, (b] jam in.brancir' any qj'scooepj of ilt'raarftni any resinction on the R"I Poropercy, and let jolin in arty suLardinallolt of Othillf. agmenrarit.iffectiO thig"Doed.,tal TnaS1'6rtI1i,* inlotast at Lindor Lnda this Dead of Trust r ObIlgattons to Nalily ' rrirs+co:hall not be oblVaTad to notify any other parly;of a�:panchrig We under any othertrust dead of Iran, or of any no ao�unn ororprocitedi rn:�Wllloch Grantor 1andot, .,�cor Thostae shall be a party. urAm,. .%. r.q.irad byapp ciable -1111"W ulotasspe a-z-olon ty Tsialdior' Trustee Trustee :hall noaEi all Kuril lt,anons t;cquabcl u-iact P*;,J:'c1bI* low in adrilicir. to tits r ga-tz and ramadics "t lortil, ga.er wrW. je$pa_j to" 0, pr tuttpart at jtia;oforerty, the Ifuroleoe shall have the mrsi 1c• foreclose by not -cc and sale, and LondsrBhadl ham llho'.roghl to foreclose by in either case or. "t.ordon" Yvilth and to the full extent proviilfdid by.apphrisbla .1aw aik,i:e or 7ruslea Lender, aL Lender's option, may from torte to11 m oPlocilelit a suacesitipf Trustee to any Trustee this Deed of Trust by an instrument executed end office of -recorder of KING County, State at Westileligton .:r4a instrument ad6itron io all,6ihel Alialler3 required by state law, the names of she owinsl` befider, Trustee; snd`Grantoi, ­fhsi book.and r the Ausdftt's He Number where this Deed of Trust is recorded, anL" lolk the sd address of the 4 , age,,6 Succ4mol "ILM, ond--thi:3nistrurtuarif shah he executed and ecknovviodged by Lantl1ir.oir'lls BIjocasst-jj in ooleresl The sto6casscr tdwiiteo, ivjlh()6t conveyarco of the Property, shelf succoad to ad 94'ttle,:powei, and idtxms--`c:.onfi teats .6tinDr the Trustee M: INS Dead at 'Trust and DV V.PplIC1113)II low This procodune for suIjstItvIidhOf Trustee d41 qa�. . arn to the haclusiafn of another provtsinf)s lDr subislilution NOTICES GLJE)JeCtr to applicable law, and except for notice 'Bpuired or allowed by 2 tl..'be gt�e n m another manner inly nolice'recuirad! Ic.be-given uncier this Deed of Trust, inclucting without it "Of dMaUlE and err; limitation arY n0trots rN-_tP of 5BIL, RIra4.:66 orverl m.. wrmnG and shall be allecliva whar, actually doliverad,'iviian.-sc-tually rocarved Py ;ala.-t0rG)ITw1e furoleas otherwise i6quirad by Jaw), when dapoarred with 4 n0tIDnalJy necognmed oticrtnigh't courier, 0 r, if rnlied when:dclabstiod ipxl�e Lim . tod States mail, as first class, certified or ragisterad read obstage'Pr j e - Via id, directed cc the tceiressej shown ne'ar the beginning of this Dead of Treat All copies at notcos of to(coliature iiom the holder of .311Y firn wh;ch.hes Priority over this Dccd or Trust shall be sent to Lender's address. as shown near the beginning at ,hoN -PAodof Tivst Any piety trey ckh­­­ d go i1s:a dress for nolines under this Deed of Trust by giving forma! written nol-LO to the othee;partia.41, soarsfycrfg that ihe"purposo of the notate is to mange the pally,j address pot notice Dull) Grantor togreav!ID keep Lenderrinlormad'tat all times of Grantor's current address Subject to applicable law hn0 .xcupt - , 11riwocl,,by:Jow loibe glyan in another manner, if there is more than one Grantor, any nollLV given by Lander 10 any.�G,.irillw rvilocniid io-be n6lece.gran to all Granters M!SCELLANE0LJS'0R0VIS16NS:rh2.;' provitionsaic a PBM4)1 the Coad of Trust Ar-landmantit MIS 01118d Of T91-j:, toosihair wjth'inv Rblatscl.Dbicu-ni aanstitubix the on%ve --indomtondow and fig-ac-nialint of Me poriaEs k to k,rnavers zal t6irt. ifi the beed '61 ?rustH:: alwwo.n Q! nif ichienderr-rit in this Deed Cl -(%;G' shell be affect'Ve unloss`{N'e­6 t'k'kmi6l� and�%.gned by." VZQY Of Pliffilloll, sought 10 be charged Or bound by [he allef000n or itfnerdlrna, it Annual Reports 11 the Prair:ie�ity,it, used 1*':r' purposes other Ajn:r3rant6r.'x -res ' idenza, Granter shall furnish to _antler, upon reovolil, a certified iii-ement: of no; op"ung ancome reeer�ed (16rh the Property daring Grantor's Iremous fiscal year In such form and detail as Loridia!o'ithall loclutij 'Nei operate .4 income' shall mean am cast ­aliols Iran the property less oil cj5h expi . rocirtueas inside in I Yofi . 6scuo .. ri'j4%) . the DP6660A-91 the Properly Arbitration Grantor and Lender agree that 11114111PUtfill- 1710k" end CJai6tJ1OVGr'%'Io* between themI y4hathisic indimiduat. .-ant. of class In nature, orissng from this Deed if Tiust Or w1thout slintrUilon contract and sort diiipmes, shall be arbitrated pursuant to the Rules 1ct44jArnqjican 4ibilraillon AACCIe'dw In affect at the time the claim is filed, upon ninuesl of trth6r party No M to take Of dispose cl.iny Piloperstj Ivor of ibis aztIrtooltion agreement tr be prolhibirted by this arbriiiiiDn :"agrerersiont : 7hIs' Wock-riesm.. without Iiinilatioll ribliallirN MiurittrVe relief of a temporary rosvolnong order, trriakir.g ii of Sile undmi: any deed of trust or mongoge, obtaanmo a writ at attachment or Imposition of a reciiswar, ar soxeicoirio( arty 4%fits reficitin'll is personal,. property, ircfud(ng taking or disposing of such Properly with at wlthmujudipriaf prOc1s$:fiu!5'usnI to . "Ar6cle 9.A;f tv.c DEED OF TRUST lConfinued) Page 9 LItniform Cor�mvjclal Cbde� 4hy disputes, claims, Of cOnlroveralor concerning the lawfulness or reasonableness at any- . act, of . exercise of PI -Ay right .-�oncernjng'"V. Property. Including any claim to rescind, reform, at otherwise i11061fy Boy agreemerfi Meting to 'the Pro 'irty, 8611 also be arbitrated, provided however that no OirbllratOr shall haVir lha{:Prightvr tha:'powerr to anjc Pir4 or:jifftraln a6y ahot any party Judgment upon any award tendered by any arbitrayor:rparq be etitaier;l' in any 6ikk lliavfnq,juitjidlitlari Nothing in this Dead of Trust shall preclude any party from Seeking equirtible lief fr6iK:C'coun off�- :6 pompatiant.jurisdiction The statute of limitations, estoppel, waiver, lach" and SIMAr da,Mrines``'wh4o;b would dtherriiiiIiiiiii :be applicable In an action brought by a party shelf be ppliciblp in ltpy arbirtiation proceeding, and life c'Omniiancomeril of an albitrallan proceeding Mall be deemed the arn-menclailoriint of are action far Osse purpsei '6(.)* Federal Arbitration Act shalt apply to the consuvCVDn interpretation, and airtforce0ont of this his atirtiAjoh provision Caption Headings '-Zapjjbn headings io.thisbeed 61 Trusi-eire for convenronei-,IpurpDses only and are not to hp used to inilorprol of define the PrIivisjons at this Disid of '(rvst hrlerge,r There 094 be no merger all-ihe inietesviir Vitale created Ey this D4d oi"Trust with any other interest nr estate at the Property at any time hold by-',cir far ,1hs:-,bena tit ofAe nde in an capacity, without the written consent of Lender Goirtinrung Law This Dead of Trust will be jbviained by, canstir-44ff end arkiofoed in accordance with fedaml low and the laws of the State of Washirloo:n Thpi Daid of Trust In the State of Washington aoicet.ol Venue It there is a lawsuit, Grantor agrees upon Lender's ireqiiiesi tq:submit to the he junscitci - Pon of the ..courts ofj( ; ING County, Store of Washington Joint and Siliveral Liability All ObIP921tiOnS of Trvst"irhalll bla.ibint ii`d so-veraf,.�and all references to. Grantor shall mean each and every Grantor This means' that each Grantdri Sighing :below is res.porrsibIlt for all obligations in thia Dead of Trust Where any 0! . �o OR mare.of-the partibs r5t'a corporation, r)arineiihip, limited liabfily company or similar entity, it is not neconary.,!or Lander id inquais into the. powers or any If the officers, directors, partners, members, at other agents acting oi.purp6.5ingio act' -on Ilse erlif"ry's behalf and an�. obligations made or rreoiad in reliance upon the professed exercise at such powers 7ball Ilia guaranteO :under this Dash of Trust No Marver by Lander, Lender shall not be deemed to have waived any rights undarthis Dead of Trust unless such -.arroer is given in'writinp-and signed by Lender No delay Or omission on the part a.ehderr'jn exercising any right oparate as a waiver 61 such light or any other right A waiver by Lender of a provision of jhts Deed of Tfusi sl�t 1, nat.-'prejudice at , -'prtijodice or consijiule a waiver of Lender's right otherwise to demand sicift-corlipliance with thai provision of any olihir..prowsion of this Deed of Trust No prior waiver by Lender, nor any course of deelinq L L.111 an Linder and Uiartiot; shot' i onstittite a waiver of any at Lender's rights or of any of Grantor's obligations 86't078nY_,fUtUfe; transfir'clioni Wheriuvor the consent of Lander is required under this Deed of Trust, a The gran ins VS'uch in c ' bmselt by Lender:s'n any stancishall not constitute continuing consent to subsequent instances wheresuch consent ji raqui4d and in all cases suchconsent may be granted of withhold in the sole discretion of Lander Sevarabihiy If a court oC Ompeti,nflUrisdiction Imcls any provilinn of this Deed at Trust to be illegal, invalid, or unenfoicoat.).le as to any'poisor� q , r`circL63tariiia. ffili,1-6ding shall not make the offending provision i0agal, invaki or uncritaricaaWe as to T any p1hai`0erson 1. or 9 ircumstanre If feasible, the offending provision shall be considered modified so Ihi6l-liiiicom6s legil, veid sn�'inforceao'a If the offending provision cannot be so modified, it Shall he considered deleted fi6m this Dood of Trust Unless OtIierwisa required by iaw, the illagality, invalidity of unonfcrcoabil:ty of any pmv-sion:of-`this Daed.bf Titisl shqll noir'Affact the legality, validity or enforceability of an,,, otho; P(OVISIOn of this Deard of Trust Successors and Assigns Siulpjerl to any hjnijatiiaris stated in fhis Deed ;p'f Trust on transfer of Grantor's interest, iNs Dead of Trust shall be Nhdina.,tifSon and inure to the beriefil.bf Ih6'pA'i6ea. their successors and assigns 11 1)wncrsliip of the Property becomes vested in a PefsorCnther:IhaA'' Grantor, Lenoir, without notice to Grantor may neat with Grantor's Successors wklh faterince to this.0seld pf Trust and the lndebredniess by way at forbearance of rxieniion without releasing Grantor from The obligations If."this 9cec1.6YTfVsj at I.jb;jj,t' y 6nder the indebtedness Time it of the Essence Time is of the easartee,iii ills performance of this Deed of Trust Waive Jury All parties To this Deed of Trust her6by, waivalhe right to any jury trial in arty V action, proceading, or COUTIAOFC1411M brought by any party against any other petty ,, :' :- :, .1-: 1" .�:. Waiver of Homestead (Exemption Grantor hereby f site sis- an4',waivefs eh,nghts end benefits of the tiOmeslaroij Pxamption taws of the State of Washington as to all Indebtedriels3 secured by this;.'Doed, bU Trust DEFINITIONS The following capitilifaeri words and terms shalt have tho 1pilowing miam no's when us;Pid in this,Deod &f. TrustUn#iass SI)6.'1ItCffIIy StalaC to the contrary, all references to dollar amounts shall meat` amounts : Ph . lawt6l Money.' LI i ir., United States of America Words and terms used in the singular Shell include 1hill"plural; and, the p)ur4j Sher inn 11 the singular, as the context may erquire Words and terms not otherwise• deflni;4 in this Deed iof.-Ttat t.sh6il E DEED OF TRUST (Continued) Page 10 have the rriaaninqi; arthibuted to.iuik teTins, 01 the Uniform Cornmercreil Coda ThErw/oid:-'4oneficory',,means.,CATHAY, BANK, and its sumencirs and assigns rf3orspwar{i Thv�word—'sol -6Ll C-,`-'�kT SCUTAPORT, LLC, and JSLAND LLC and includes ali ficiWaT1, nnewi. co-iioria rill'andf cci-milrXers -itigning the* N'Ota Deed'..cf Trust TAr wards 'deed of Trust' man this Pood of Trust among Grantor, Lander, and Trustee, and includes. 6s, witou Y iinrinailon all?essignfpem andiecijnly`+m1erfiin provisions relating to the Personal Prop" end Re nts Ilefauk The word ".6afeult.; means the Defj" :t forth in the Deed of Trust in the section Ulltd 'Default' Event of Default 71i6 Wo(bs "Eveifil Of W-urt mean . anyy1tre.gvents of defaLlikslat forth m the Deed of Trust in the events of default iscl(on of this Deed Of TA at GF8111101' The Word "Grantor' means B61LJN - 14G C AT SOUTHPORT, LLZ, and JSLAri . D LLC Guarantor The %vofd "Guar Apr Aearki giraranior, or;accotRrnodeuon Party of any or all of the tntlebledness Guaranty The word 'Guaranty' mlalllns.. the ituauRty'll Guarantor 1t Lander, Including without limitation a guaranty of all or part of the Note ure --: improvements The word "Impicta.. ments" mearis all '�%lAhp and M.. . .imprqverrnents, b itildin gt, strt)ctums, rrjbbilerhpmos affixed on the Real Property, lac tics, additions,, repl!&Ciime7ts and: vih9i.,constr4tior on,"Ilhe Peal Property lndvbliadnosii'', The Word 'Indebtedness' meitiria all prificto, inteiam..iind other: aihbtlntLs, costs and expenses pavabie undei-The Note ar Related Documents, logethar wrth at! renewals -.'of, mansions of, �moclificaticins of, consolidations of and substitutions for the Note or Related [>Ooumenv% and any ny arnoaflts!expendied or'advanced by Lender to disciiarge Grantor's obligations Of expenses incurred bit Truiift or Lander t4 erdl LGrantor's o . t 3 , 11gations under this Deed of Trust, toptithar with interest on such Anwuntg-'As provided in this Deed of Trust Lander .-The word 'Lender' means CATHAY BANK, its successors and axsig 'no :'Note . 7 he wl$ro 'Note" means the promissory note dated July 15, 2DO4, in 1he ofiginill principal amount of 43,550,'000-00%iiom Grantor to Lender, together with all renewals of, exianistons. Of, mo6hoations of, riahniin rings onsol 6dations Of, and SUbn1VuOM for the promissory note of agreemeint �-The rnaluTity data of 0411 Deoc of Wust is JtAy 24, :2005 NOTICE TO GRANTOR THE NOTE CONTAINS A VARIABLE INTEREST RATE Personal.'Pro Terly words "Personal Prop"' mean all equtpmenj, fixtures, and other tlitlolgS of personal property now or hereafter owned by Grantor, and now or hereafter artachad or affixed to the Real Property. :,,,ti�ogrth!ar with all ;wcess ions.,'PoFts, -alid;-addrtkonE to, all replacements of, and an sub3litutiGns for, any of such groper(y, #nd IOJ . )Eiher.'- will issues and . profits Thereon and proceeds (including without limitation all insurance proceeds a , rd fail promrv6j from any sale or other disposition of the Property Property The word 'PFope rty' means 'a611ocuiii ily The pool Property and the Personal Property - Real Property.. The word'; "Real Pjr'oper:'":me ili-ri ths'.. property, interests and rights, as further described in this Dead of Trust."::, Related Documents Thg� wortls 'Related Doc; . urnmi . ts- rneili - n:,alf promissory notes, Credit agreements, loan apfeematila, crivircrimenlaf. egreinvenu 9 Verities,, I security b9feCmientil, mortgages, deeds of trust, security deeds, collateral mortgages, and all ollAt.runstrumeks, a r Ocernoms aiW. documents, whether now cw herealtor exisiing, executed in connection wnh the.Indplitedneis Rents The word 'Rents' means aq`p'rese.n, and::(utur0 firms, re. enuos„rncorngl, issues, royalties, proms, and other benefits derived Porn the Property v Trustee The word "Trustee" means FIRST. AMERICAN TITLE INSURANCE COMPANY,' iNhose malling address is 2101 Fourth Avenue, Suite 712, Seattle, WA. 98 Ia.)-ancl ady siJ63lituie 0, successor trustees DEED OF TRUST (Continues!) page 11 FACH-!GRANTOR ACXNOW} EDGES HAY%8 READ ALL THE PRDVWIDNS OF THIS DEED OF TRUST, AND EACH ;GFAN'TOA AGREES Tb fTS.-TE7 41S 't.RANSOF .r+ BUILDING C''AT, puTHPDRY, LLG' SECD DEVELOPMENT, WC Nanagarraf 8UMWG;C AT SOUT'060 1LC 9y� Michael P Christ, PeesldenVSeorptary;of SECO navelppment,.4k% J5LAND LLC Michaol P Chirist, 5peogi General iAenagar o[ JS; AND'LLC 1�.)LIIMITED LIABILITY COMPANY ACKNOWLEDGMENT. STATE OF CbUNTY OF On this Qiiv of \1 V t 20 befora me, the undcrs�gnod ":fVotaly PubLc, persvroEay appeared Mlchpai,p,.bChrist, a Idenll8ecratary of SECO Development, itto , and parsorlayV kriown•to rile 6r proved to me dh the"basis l ansfactoty euldence to bra a of the 4irtvted liebtiity company That executed the F1ced of Tru3i end' acknov,fedBed Mass Deed o1 Trust to be the free and voluntary art and deed of the I.Ted liabdriy'eompAsty.by ati6'c l4y of statute, rt8'•aructpp�•�1"k>}�dtf qon or its operating agreernent, for the uses and purposes ihementioned, a�d.pn oath'ate#ad that �d`p' ���+ggr+t APA to execute this Deed of Trust end Irs fact ruip c eoutc" the :46cd 4i Trust cr; bFhelll of :hE hfq fad, .ilk �.j rp�An� I Notary public in and for ihs State of a7�Z,711seton expires �lo w 1La: 00.. N ''�'•.� ��+trrlitL►��� . Page 12 On [rus jn day r,. .;,.. 2pr before me, 1he undersigned Notary .piubhc, personally trpp"feld itO"G1aCi P' Ch►h-i' p�clat 4anamt Mormoor at JSii.AND LLC, and personally known to me o.• proved to rre on the basis pf saaalarto�y s once: do be a e1 Ike Gmrtad kabdrt'p company that executed the Deed of Trust rni a: knowledpt ti"s Deed of Trust to'be,:ihs free and vgluntary art and deed of the ismned )atraity eomparrtr, by authority of statute, tts ankles a organ] (rphp� paratrit9 agWrnMt, for the wes and ptfrpoSes therein rnerttsoned, east on oath st2tid-that he tir sh.4 i�t � ut9 th'r's Deed of Trvst and rn fact axemod the Do o, AT t beheld of tM Lrsuted osb![. y egn�r i t3 - 41 Notarp'Pabic-ii s hi for 1h3 Stets of WA Eu •fi +0101 e afros I r111 flat ri n ea REQUEST POR PUL ofVVEYAJYCE'-" 7o Trustee The trwarsrgnad is' the legal. owner and holder of all indebtedness secured by lJVs Deed. of Truer:' You are hereby requesied. upon p'ayrpont of li :4" s awing to you, to racarrioy %VthouI warrenty, to the payspiss bntttled thereto, tha ngh:, We and rniores., new held by you undef the Dead of Trust Dare Beneficiary By Its urr�r.�,,,r.,.•�. faano,; t.. w,.r r...uuur: ., rnr er yN,.e.wr r•,re.wmw�m,em:hwtik nett r..� e• F �'1.. :����o ,��;G� � '�o��N m � 'c :.� n�3:N �'..,., N � �'� Q �f��O. .' m �nC m q, . .. .. �,w$a�� ��� .. ����� .. '�Bon�., �1�/ tp��o � s a C�'.10�9uC _ �, -��r __ � RETURN AD Oils Puget Sound Energy, Inc Attention, R/W Department, OBC-11114 411— 108t0 Avenue NE Bellevue, WA 98004 ATTN M Lamprng EASEMENT REFERENCE 4 ORIGINAL GRANTOR SOUTHPORT,LLC GRANTEE PUGET SOUND ENERGY, INC SHORT LEGAL LOTS 3 and 4, SP LUA-99-134-5HPL, REC 200o0131900008 ASSESSOR'S PROPERTY TAX PARCEL 08230$-9216, 082305.9055 For and in consideration of One Dollar ($1 00) and other valuable consideration in hand paid, SOUTHPORT, LLC, a Washington limited liability company ('Grantor herein), hereby conveys and warrants to PUGET SOUND ENERGY, INC , a Washington Corporation ('Grantee` herein), for the purposes herernill set forth, a a.a nonexclusive perpetual easement over, under, along across and through the folioWang described real properly r�r ('Property" herein) in KING County, Washington Lill C] 4 LOTS 3 AND 4 OF CITY OF RENTON SHORT PLAT NO LUA-99-134•Sll ACCORDING TO Ld1 SHORT PLAT RECORDED JANUARY 31, 20D0, UNDER RECORDING NO 20000131800006, IN O KING COUNTY, WASHINGTON f1% CV 1= Except as may be otherwise set forth herein Grantee's rights shall be exercised upon that portion of the Property ("Easement Area" herein) described as follows An Easement Area ten (1Q) feet in width hawng rive (5 feet of such width on each side of a centerf ne described as follows SEE ATTACHED EXHIBIT "A" (AND AS MORE PARTICULARLY DEPICTED ON THE DRAWING MARKED EXHIBIT "B" ATTACHED HERETO AND MADE A PART HEREOF ) 1 Purpose. Grantee shall have the nght to construct, operate, maintain, repair, replace, improve, remove, enlarge, and use the easement area for one or more utility systems for purposes of lransmcssron, distribution and safe of gas and electricity Such system may include, but are not limited to Underground facilities Pipes, pipelines, mains, laterals, conducts, regulators and feeders for gas, condurls, lines, rabies, vaults, swrtchas and trensfortners fot efectncity; Piper optic cable and other lines, cables and facilities for communcrations, some -buried or ground -mounted facilities and pads, manholes, meters, fixtures, attachments and any arid, aff other facilities or appurtenances necessary or convenient to any or all of the foregoing Following the initial construction or all or a portion of its systems, Grantee may, from time to time, construct such additional faCiAlli as it may require for such systems Grantee shall have the right of access to the Easement Area over and across the Property to enable Grantee to exercise its rights hereunder Grantee shall compensate Grantor for any damage to the Property caused by the exercise of such right of access by Grantee 2. Esseni Area Clearing and Maintenance Grantee shall have the right to cut, remove and dispose of any and all brush, trees or other vegetation rn the Easement Area Grantee shall also have the right to control, on a continuing basis and by any prudent and reasonable means, the establishment and growth of brush, trees or other vegetation In the Easement Area , 3 Grantar"s Use of Easement Area Grantor reserves the right to use the Easement Area for any purpose not inconsistent inch the rights herein granted, provided, however, Grantor shall not construct or maintain any buildings, structures or other Dblects on the Easement Area and Grantor shall do no blasting within 300 feet of Grantee's facilities without Grantee's prior written consent UG Gas 8 Elecinc Easement 1111998 107012260 OP Map No 2C4 080 U-Map No 230530 4 indemnity. Grantee agrees to indemnify Grantor from and against liability incurred by Grantor as a result of Grantee's negligence to the exercise of the rights herein granted to Grantee, but nothing herein &half require Grantee to indemnify, Grantor for that portion of any such habdsly attributable to the negligence of Grantor or the negligence of ottiers 5. Abandonment. The rights herein granted shall continue until such time as Grantee ceases to use the Easement Area for a period of five (5) successive years, In which event, this easement shall terrrrrnate and all rights hereunder, and any improvements remaining in the Easement Area, shall revert to or olhermse become the property of Grantor, provided, however, that no abandonment shall be deemed 10 have occurred by reason of Grantee's failure to initially install its systems on the Easement Area within any period of time from the date hereof S. Successors and Assigns. Grantee shall have the right to assign, apportion or othervnse transfer any or all of its rights• benefits, pnwleges and interests ansmg In and under this easement Without Ismitrng the generality of the foregoing, the rights and obligations of the parties shall inure to the benefit of and be binding upon their respective successors and assigns It % DATED IN ` �7, ' day of I v 0VtM6f 2002 GRANTOR SOUTHPORT,LLC, a Washington Ilmlted babtlity company N Lek BY SEGO DEVELOPMENT, INC Q A Washington corporation •b O N BY NAME: ICHAEL P. CHRIST .— President c'' STATE OF WASHINGTON } ;o } ss C-A COUNTY OF KING l ) On this IEL day of t� �Y!(�t , 2WZ before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared MICHAEL P. CHRIST, to me known to be the President of Seco Development, Inc , as manager of SOUTHPORT, L.LC, a Washington limited ha dsty company, that executed the within and foregorrt8 mslrument, and acknowledged said instrument to be f 19 free and voluntary act and dead and the Iree and volu ry ECt and deed of SOUTHPORT. LLC, for the uses and purposes therein mentioned, and on oath stated brat n( `.7 was authorized to execute the said instrument on behalf of said SOUTHPORT, LLC, IN WIT `E§At3�,j��j J� have hereunto set y and and o�l Is al the day end year first above written NC ♦ V , • slip �� �i ♦ c0 N0 7q ` . ti N : (Sig at r N ary} 1 I i � S 9 �• (Print or clamp name of Notary) r 9 AG9LIG NOTARY PUBLIC In and f r the rate of �4.0,�.'•♦.t;„;... Goa=`• MY MPomtmantrErplresat :it 44 tN�°°�1nvfL � WASNt������ HarryuW,rsANOI ft sw,n,a.r mupnr EXHIBIT "All THE CENTERLINE OF GRANTEE'S FACILITIES AS CONSTRUCTED, LYING WITHIN THOSE PORTIONS OF LOTS 3 AND 4. CITY OF RENTON SHORT PLAT LUA-99-134 SHPL (SOUTHPORT SHORT PLAT). RECORDED UAbER RECORDING MUMBER 20000131900006, RECORDS OF KING COUNTY. WASHINGTON, DESCRIBED AS FOLLOWS: THOSE PORTIONS OF LOTS 3 AND 4, CITY OF RENTON SHORT PLAT LUA-99- 134 SHPL (SOUTHPORT SHORT PLAT), RECORDED UNDER RECORDING NO. 2D000131900006, RECORDS OF ]LING COUNTY, WASHINCTON, DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF LOT C, CITY OF RENTON BOUNDARY LINE ADJUSTMENT LUA-98-176 LLA, RECORDED UNDER KING COUNTY RECORDING NO. 9902019014, BEING AN ANGLE POINT IN THE SOUTHERLY LIN£ OF SAID LOT 3, THENCE NORTH 43-07107" WEST 119.14 FEET ALONG THE SOUTHWESTERLY LINE OF SAID LOT 3 TO AN ANGLE POINT THEREIN; THENCE NORTH 46052'27" EAST 20.53 FEET ALONG SAID SOUTHWESTERLY LINE; THENCE LEAVING SAID SOUTHWESTERLY LINE NORTH 43052'44" WEST 294.71 FEET TO THE NORTHERLY LINE OF SAID LOT 4; THENCE NORTH 84016'25" EAST 18.78 FEET ALONG SAID NORTHERLY LINE TO THE NORTHWESTERLY LINE OF SAID LOT 3; THENCE NORTH 48*48136" EAST 62.73 FEET ALONG SAID NORTHWESTERLY LINE TO THE NORTH LINE OF SAID LOT 3; THENCE SOUTH BS048'46" EAST 480.02 FEET ALONG SAID NORTH LINE; THENCE SOUTH 23058'34" EAST 164.69 FEET TO THE SOUTHERLY LINE OF SAID LOT 3; THENCE SOUTH 75044'3B" WEST 10.25 FEET ALONG SAID SOUTHERLY LINE; THENCE NORTH 23058'34" WEST 154.40 FEET; THENCE NORTH 89010134" WEST 275.49 FEET; THENCE SOUTH 65019139" WEST 25.76 FEET; THENCE NORTH B8025'24" WEST 175.91 FEET; THENCE SOUTH 46052'40" WEST 34.83 FEET; THENCE SOUTH 43007'20" EAST 345.47 FEET; THENCE SOUTH 29050'42" EAST 70.15 FEET TO SAID SOUTHERLY LINE OF LOT 3; THENCE NORTH 82049'09" WEST 39.66 FEET ALONG SAID SOUTHERLY LINE TO THE POINT OF BEGINNING. THE EASEMENT PARCEL DESCRIBED ABOVE CONTAINS 22,978 SQUARE FEET (0.53 ACRE), MORE OR LESS. SITUATE IN THE CITY OF RENTON, KING COUNTY, WASHINGTON. SECO DEVELOPMENT, INC. SOUTHPORT �bJp WAS WILLIAMA. HICKOX, P.L.S. 9r BRH JOB NO. 99036.10 OCTOBER 18, 2002 REVISED OCTOBER 24, 2002 0.� BUSH, ROED & HITCHINGS, INC. fC1 2009 MINOR AVENUE EAST s�nn SEATTLE, WA 98102 (206) 323-4144 Ib Zk--sn g 1 a I N I U Q N I I J+ 1 a n cz ►n I c r+r I I v— m �I � wuj of I t 41G-P I S 1l .goo `rsa sA ��ay i 'sa °ems `ice oe _1 u,,.ay.zs.ers Z 1Q7 U W z H � U, 0 W LU 4 W p U O Q w U 0 N a W 0 O a a cc t N a 0 a N ut a� a .GS O� Z j -- 3.. USMIN '* ul m 00r 00 U so;3 S��i �y 422 r' I I: N Ln Im z T3HS 33S - 3NII HaiVNI () ti Z W w g O I— o Z Z LLIW CC W N p w o Q V O N til WCC a W LU O a ac~ \ 0. O Cl) uU 0 a N O O d C) v A N � n Dro 2Z L) N �m N pew a ccz $ =:gW O {{