Loading...
05-0458 Subdivision Guarantee 021208eturn Address ity of Yelm isha R. Box O .Box 479 elm, WA 9$97 Document title(s) (or transactions contained tizereinj; I. Subdivision Guarantee for Palisades West. Reference Numbers} of Docuznents assigned or released: (on page of docuzxzents(s)} Grantors} (Last came, first name, middle initial) 1. 1{H1, LLC 2. Palisades West Subdivision Grantee(s) (Last came, first name, middle initial) 1. City of Yelm 2. Legal Description { abbrerriated: i.e. lot, block, plat or section, township, range} SW114 NE1/~ of S 25, T 17N, R lE, W.M. Assessors Property Tax Parcel/Account Number: 21725130300 3988606 Page 1 of $ 02112!2008 Q8:44 RM Plat Certificate Thurston County Washington PRiISApES WEST I Ill 111 III !1111 !ill lillll Ilii Illllli Illlll Ili! Ills hill l III lllllll ill lliil Ilit Ill! Form No, 14 Sui~divlsion Guarantee Guarantee No.: 4299-943347 GUARANTEE Issued by First American Title Insurance Company Be/I Towne Centre, 4200 6th A ve. SE, #Z01, Lacey, VI/A 98503 Title O~cer.• Mitch Miller Phone: (360) 491 2441 FAX.• (S66) 343-5409 $9$$60f Page 2 of $ X211212008 08, AA Ah1 Plat Certificate Thurston County Washington P(AILISADEIS W!["5IT i E I f I f r[ !I {I III III ~~ IIIIII IIII II1~II (III IIIIIII IIIIII VIII I IIIII ~ III t II~I~ IEi Illy ~~~~ fl~l Form No. 14 Subdivision Guarantee {4-10-75) lµ Cy Title Team (Thurston} phone No. (360) 491-2441 Fax No. (866} 343-5409 Guarantee No.: 4299.493347 Page i~o.: 1 ~rrstAmerican Title Xnsurance Company Bell Towne Centre 4200 6th Avenue SE, Suite 201 Lacey, WA 98503 Phn - (360} 491-2441 Fax - (866) 343-5409 Mitch Miller William Tiglao msmiller@firstam.com btiglao@firstam.cam FOURTH REPORT SUBDIVISION GUARANTEE LIABILITY $ 1,000.00 ORDER NO.: 4299-993347 FEE $ 200.00 TAX $ 16.80 YOUR REF.: Palisades West First American Title Insurance Company a Corporation, herein called the Company Subject to the Liability Exclusions and Limitations set forth below and in Schedule A. GUARANTEES KPFF Consulting Engineers herein called the Assured, against loss not exceeding the liability amount stated above which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. LIAPILITY EXCLUSIONS AND LIMITATIONS 1. No guarantee is given nor liability assumed with respect to the validity, legal effect or priority of any matter shown therein. 2. The Company's liability hereunder shall be limited to the amount of actual loss sustained by the Assured because of reliance upon the assurance herein set forth, but in no event shall the Company's liability exceed the liability amount set forth above. 3. This Guarantee is restricted to the use of the Assured for the purpose of providing title evidence as may be required when subdividing land pursuant to the provisions of Chapter 58.17, R.C.W., and the local regulations and ordinances adopted pursuant to said statute. It is not to be used as a basis far closing any transaction affecting title to said property. Dated: November 20, 2007 at 7:30 A.M. 3988606 Page 3 of 8 Thursto~DCouety4Washin9tonPiat Certificate PaI.I{SAD}EIII5 {W{{FIST Ili I I{ IlII ! II f I III{ II}}llII II `I Ilil{I~ III ~Ilil~ IIiI ~I~I~~ IIII ~IIIIII !#~Il! Iill ~~~~ VIII (11II IIIIIII III EItkI ~~ll Illl r=orm No. 14 Subdivision Guarantee (4-10-75) SChIEiDIJLE A The assurances referred to on the face page are: A. Title is vested in: Guarantee Na.: 499-993347' Page No.: 2 Eran Ben Sira, as to that portion entitled Tract "E" of the proposed plat of Palisades West as described on Quit Claim Deed recorded under Recording No. 3969811 and EHi, LLC, a Washington Limited Liability Company, as to the remainder B. That according to the Company's title plant records relative to the fallowing described real property (including those records maintained and indexed by name}, there are no other documents affecting title to said rea# property or any porition thereof, other than those shown below under Record Matters. The foilowing rnatters are excluded from the coverage of this Guarantee: 1, Unpatented Mining Claims, reservations or exceptions in patents or in acts authorizing the issuance thereof. 2. Water rights, claims or title to water, 3. Tax Deeds to the State of Washington. 4. Documents pertaining to mineral estates. bESCRfPTIgf~; The land referred to in this report is described in Exhibit A attached hereto. 3988606 Page 4 of 8 02li2l20R8 08:44 Rt'1 Plat Certsficate Thurston County Washington IPRLI5RDEII{!S lWESITI I! I !jj II{{ II ii ff II ll I ~ifif ~ ~ IIIIII ~ !I illlll ~ I~lIII! ~~III IIII IIII ilfll ~~~~~ ~ I~l~ III ~I~~I 111 ~l~ Form No. 14 Subdivision Guarantee (4.10-75) Guarantee No.. 4299.9933x7 Page No.: 3 EXHII~IT A LEGAL DESCRIPTION Parcel A: The West 402.4 feet of that part of the Southwest Quarter of the Northeast Quarter of Section Z5, Township 17 North, Range 1 Fast, W.M. lying Southeasterly of Secondary Highway No. 5-H; Excepting therefrom the South ib.5 feet. in Thurston County, Washington. Parcel B: Parse! A o€ Boundary Line Adjustment No. 13LA-8144, recorded under Filing Number 9505220008, in Thurston County, Washington. Parcel C; A strip of land lying Westerly of a tract of land described under statuatary warranty deed as recorded under Thurston County Auditor's File Number 3768018 and Easterly of a track of land described under statuatory warranty deed as recorded under Thurston County Auditor's File Number 3820148. Said strip of land more particuiary described as follows: That part of the Southwest Quarter of the Northeast Quarter of Section Z5, Township 17 North, Range 1 East, W.M., lying Westerly of Parcel A of Boundary Line Adjustment No. BLA-8144, recorded under filing number 9SOSZZ0008, in Thurston County, Washington and lying Easterly of the West 402.4 feet of said subdivision, lying Southeasterly of Secondary Highway No. 5-H; excepting therefrom the South ib,5 feet. APN: Z17Z5130Z00 APN: Z17Z5130300 39888Q6 Page 5 of 8 02!1212008 08;44 AID Plat Certi€icate Thurston County Washtngtan PRLY5f~DES WEST 11!1!!1 Ill lull 1 1111111 IIII 1111111 Illfll Ill I I IIII IIIII III I I II illll ill! III Form No, i4 Subdivision Guarantee (4-10-75) RECORD MATTERS: 1, Delinquent General Taxes for the year 2006 , Guarantee No.: 4299.993347 Pale No.; 4 Tax Account No.: 21725130200 ist Malf Amount Bilied: $ 1,134.26 Amount Paid; $ 1,134.25 Amount Due: $ 0.00, plus interest and penalty 2nd Half Amount Biiled: $ 1,134.26 Amount Paid: $ 0.00 Amount Due: $ 1,134.25, plus interest and penalty (as to Parcel A) 2, Liability, if any, for general taxes, said premises not being carried on the General Tax Ralis. (as to Parcel C) 3. Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing and the terms and conditions thereof. Grantor: FH1, LLC, a Washington Limited Liability Company Beneficiary: WF Capital, Inc., a Washington Corporation Trustee: Titan Trustee Services, Inc,, a Washington Corporation, and its successors in trust and assigns Amount: $7,775,000.00 Recorded: October 19, 20D6 Recording No(s).: 3874132, 3874133, 3874134 and 3874135 (affects Parcels A and B} 4. Deed of Trust and the terms and conditions thereof. Grantor: FH1, LLC, a Washington Limited Liability Company Beneficiary: Prairie Baptist Church Trustee: First American Title Insurance Company, a Corporation Amount: $300,000.00 Recorded: April 03, 2006 Recording No.. 3820153 (affects Parcel A} The lien of said Deed of Trust was subordinated to the lien of the instrument recorded October 19, 2006 under Recording No(s). 3874132, 3874133, 3874134 and 3874135 by agreement recorded October 19, 2006 under Recording No. 3874136 . 5. Financing Statement Date Recorded: Recording Na.: Debtor; Secured Parry: (affects Parcei A) October 19, 2006 3874137 FH1, LLC, a Washington Limited Liability Company WF Capital, Inc,, a Washington Corporation 39886fd6 Page 6 of 8 02!12!2008 08:44 A{'# Plat CertiFicate Thurstgn Gounty Washington PALISADES WEST IllIII! I Ilf llll 111 II Ills lIIIII~ Ifllll II II Ill! Ilfll ~I111 fl IIII !II (IIII fill! I(ll Form No. 14 Guarantee No.: 4299-993347 Subdivision Guarantee (4-10-75) Page No.: 5 6, This guarantee does not include the mobile home located on the property herein described, 7, Reservations and exceptions, including the terms and conditions thereof: Reserving: strip of land 200 feet wide on line of Railroad or any of its branches to be used for right of way Reserved i3y: N.P.R.R, Ca. Filed: September 10, 1875 Volume/Page(s): 11/394 8. Easement, including terms and provisions contained therein: Recording No(s).: 167014 and 167933 In Favor Of: Puget Sound Pwer & Light Co., a Washington corporation Far: electric transmission and/or distribution system 9, Conditions, notes, easements, provisions and encroachments contained and/or delineated on the face of the survey recorded under Thurston County Recording No. 8602100015. 10. Easement, including terms and provisions contained therein: Recorded: November lfi, 1988 Recording Information: 8811160071 In Favor Of: Puget Sound Power & Light Co., a Washington corporation For: electric transmission and/or distribution system 11. The terms and provisions contained in the document entitled "Sewage Operation and Maintenance Permit" Recorded: December 12, 1990 Recording No.: 9612120103 12. Covenants, conditions, restrictions and/or easements; but deleting any covenant, condition or restrickion indicating a preference, limitation or discrimination based on race, color, religion, sex, handicap, family status, or national origin to the extent such covenants, conditions or restrictions violate Title 42, Section 3604(1), of the United States Codes: Recorded: January 12, 1994 Retarding No.: 9401120141 13, Terms, covenants, conditions and restrictions as contained in recorded Lot Line Adjustment {Boundary Line Revisions): No.: BLA-8144 Recorded: May 22, 1995 Recording ivo.: 9505220008 14. Easement, including terms and provisions Contained therein: Recorded: September 7, 2006 Recording No.: 3863511 In Favor of: YCOM Networks, a Washington Corporation, its successors and assigns For: underground telephone transmissions lines and appurtenances 3988606 Page 7 of 8 02I1212pp8 08:44 AM Plat Certificate Thurston County Washington PrrALIIISAIIDEIIS WEST II~~I~~ I I lIIEII I~~) lI~I~I ~1~~ ~~~~~II ~1~~1~ ~~1~ ~~I~ II~Eh ~~~I~ ~f€~1~~ ~~~ ~~~~I ~IIE €~~~ f=orm No. 14 Subdivision Guarantee (4-10-75) Guarantee No.: 4299-993347 Page No.: 6 15. Mitigation Agreement and the terms and conditions thereof: Between: Yelm Community Schools District Na. 2, Ye4m, Washington And: FH1, i_LC Recorded: October 25, 2006 Recording Na.: 3875687 16. Matters which may be determined upon examination of the final plat. INIrORMATYOf~AL NOi'ES A. General taxes for the year 2007, which have been paid. Tax Account No.: 21725130200 Code Area: 182 Amount: $ 2,916.23 Assessed Land Value: $ 139,750,00 Assessed Improvement Value: $ 122,900.00 (affects Parcel A) B. Genera! taxes for the year 2007, which have been paid. Tax Account No.: 21725130300 Code Area: 182 Amount: $ 2,711.84 Assessed Land Value: $ 161,100.00 Assessed Improvement Value: $ 87,200.00 (affects Parcel B} C. 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. 3988606 Page 8 of 8 0211212©08 08:44 Aid Plat Certificate Thurston Cocanty Washington PALISADES WE5T 11111 I Ili 111111 ! 1111111 till 1111111 111111 Illl Illl lull lull 1111111 III I Ill 1111 Illl