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Recorded Subdivision Guarantee 001
~. Tttt3xsTOre coutvTy ROBIN L. HUNT, CPA ~- TREASURER 20001akeridgc Drive SW, Olympia, WashinKlon Y8502-6080 • 360-786-5550 • FAX 360-754-0683 Notification of Required Taxes C_ Plat Name/Number *Pla[ Type Property Number(s) \ ~ 1~ ~~~ / ' / ~y ~k:J (](] ~,b~ ~ ~~' *If BLA, is it to resolve a boundary line dispute Y or N ? This section to be completed by Treasurer: The undersigned below certifies that the property taxes for the above property numbers have been paid in full for tax year ~ V V ~ (Indicate "plus advance for tax year xxxx" if applicable) Additional [ax will be due and~th~e c"ertificat-i~on~w,il/l no longe a lid if segregation is being recorded after /-t,c(~~~l~lJlJ1p (Sigoaw f masmeddeputy) ~ D~~ TFNRSTQ~ COU TREASUfiEk Please note the [ax requirements for your segregation based on the recordin¢ date: Plat T e Jan 1- Feb 14 Feb 15 - Ma 31 Jun 1-Dec 31 *Short Paid current, plus advance Paid through full Paid through full current year Subdiv ~ Ilected current eaz * hort Plat Paid rrent, plus advance Paid through full Paid through full current year collected current eaz ong Plat Paid current, plus advance Paid through full Paid full current year, plus advance tax collected on land value current ear tax collected on land value *Large Lot Paid current, plus advance Paid through full Paid through full current year Subdivison tax collected current ear Binding Site Plan Paid current, plus advance Paid through full Paid full current year, plus advance tax collected on land value current ear tax collected on land value *Boundary Line Paid current, plus advance Paid through full Paid through full current year Ad'ustment tax collected current ear *Unee taxes are certified Ybr those marked with *, the full tax amount will be collected for the advance tax. If taxes are not yet certified, the advance tax will be collected based on land value only as required by RCW 58.08.040 of Yelm ni Merriman Box 479 m, WA 98597 Document title(s) (or transactions contained therein): 1. Subdivision Guarantee 2. Reference Number(s) of Documents assigned or released: (on page of documents(s)) Grantor(s) (Last name, first name, middle initial) 1. Burnett Road Commercial Park, LLC Grantee(s) (Last name, first name, middle initial) 1. City of Yelm Legal Description (abbreviated: i.e. lot, block, plat or section, township, range) The S '/z of the N W '/, of the SE '/< of the S W Y< of Section 13, Township 17 Nonh, Range O 1 East of the W.M., in Thurston County, Washington Assessor' s Properly Tax ParceUAccount Number: 21713340600 ~~~~ ~~~~~ ~~~~~~~ ~~~~~ ~~~ ~~~~~~ ~~~~~ ~~~ ~~~~~ ~~~~ ~~~~ P8~ 6900 Cos~Wa . Form N0. 14 6ubaivisi0n Guarantee (9-10.)5) First American G:~ Title Team (Thurston) Phone No. (360) 491-2441 Fax No. (360) 455.5183 Mitch Miller msmiller~firsta m.com SUBDIVISION GUARANTEE Guarantee No.: 4299-)639]4 Page No.: 1 FinYAmencan 15tle fnspramx Company BeII Towne Centre 4200 6M Avenue sE, Ste ZOl Lacey, WA 98503 Phn - (360)991-2991 Fax-(360)352-7917 William Tiglao btiglao@Orstam.com LIABILITY $ 1,000. 00 ORDER NO.: 4299-783974 FEE $ 350. 00 TAX $ 29. 40 YOUR REF.: 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 SLC Development LLC 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. LIABILITY 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 [he 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 for closing any transaction affecting title to said property. Dated: March 10, 2006 at 7:30 A.M. II IIII I III I I I III III I II o696r9 a©6 oaSaeP FirsrAmen~ BURNETT RORD Conn PRRx PC $3fi.00 TM1Urslon Da. Wa. Form No. 19 Subdivision Guarantee (9-lOJS) SCHEDULER The assurances referred to on the face page are: A. Title is vested in: Burnett Road Commercial Park, LLC Guarantee No.: 4399-)839)4 Page No.: 2 B. That according to the Company's title plant records relative to the following described real property (including those records maintained and indexed by name), there are no other documents affecting title to said real property or any porition thereof, other than those shown below under Record Matters. The following matters are excluded from the coverage of this Guarantee: 1. Unpatented Mining Claims, reservaCions or exceptions in patents or in acts authorizing the issuance thereof. 2. Water rights, claims or title to water. 3. Tax Deeds to [he Stale of Washington. 4. Documents pertaining to mineral estates. DESCRIPTION: PARCEL A: THE SOUTH HALF OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 13, TOWNSHIP 17 NORTH, RANGE Ol EAST OF THE W.M., IN THURSTON COUNTY, WASHINGTON; E%CEPT THAT PORTION OF COUNTY ROAD (BURNETT ROAD) ALONG THE WEST BOUNDARY THEREOF; PARCEL B: ANON-EXCLUSIVE FJISEMENT FOR COMMERCIAL SIGNAGE AS DELINEATED IN INSTRUMENT RECORDED UNDER RECORDING N0. 3621994; SITUATE IN THE CITY OF YELM, COUNTY OF THURSTON, STATE OF WASHINGTON. APN: 21713340600 II II II I III I I I III II III III 04819 ]8182006 035©9P BURNETT RORD CONN PRRK Pc $36.00 TM1Urston Ca. Wa. FrnYAmeri(an THe II II II I III I I I III II I I II 0896/92006 00 09P Farm No. lv BDRNETT RORD CONN PRRK PC $36.00 TM1erston Co. Wa. Guarantce No.: 9299-Ja39J4 $ubaivision Guarantee (4-10.15) Page No: 3 RECORD MATTERS: Taxes which may be assessed and extended on any subsequent roll for the tax year 2006, with respect to new improvements and the frst occupancy which may be included on the regular assessment roll and which are an accruing lien not yet due or payable. Facility Charges, if any, including but not limited to hook-up, or connection charges and latecomer charges for sewer, water and public facilities of City of Yelm as disclosed by instrument recorded under recording no. 3167970, 3167971, 3167972 and 3167973. Deed of Trust and the terms and conditions thereof. Grantor/Trustor: Burnett Road Commercial Park LLC, a Washington Limited Liability Company Grantee/Benefciary: South Sound Bank Trustee: Transnation Title Insurance Company Amount: $3,200,000.00 Recorded: May 31, 2005 Recording Information: 3735811 4. Evidence of the authority of the individual(s) to execute the forthcoming document for Burnett Road Commercial Park LLC, espies of the current operating agreement should be submitted orior to clasina. 5. Potential lien rights as a result of labor and/or materials used, or to be used, for improvements to the premises. An indemnity agreement to be completed by Burnett Road Commercial Park, LLC, is being sent to First American Title Company and must be submitted to us prior to closing far our review and approval. All other matters regarding extended coverage have been cleared for mortgagee's policy. Items A through E and G and H on Exhibit B herein will be omitted in said extended coverage mortgagee's policy. The coverage contemplated by this paragraph will not be afforded in any forthcoming owner's standard coverage policy to be issued. 6. Conditions, notes, easements, provisions contained and/or delineated on the face of the Survey No. 9411040136, recorded in volume 35 of surveys, at page(s) 18, In Thurston County, Washington. 7. The terms and provisions contained in [he document entitled "Utility Easement Agreement" Recorded: May 2, 1996 Recording No.: 3027625 8. The terms and provisions contained in the document entitled "Utility Easement Agreement" Recorded: May 2, 1996 Recording Na.: 3027626 Modification and/or amendment by instrument: Recording Information: 3218312 9. Easement, including terms and provisions contained therein: Recording Information: 3049096 In Favor of: Washington Natural Gas Company, a Washington Corporation For: Pipeline/pipelines Flsf Amerlran Tithe Form No. 14 Subdivision Guarantee (9-SP)5) Guarantee No.: 4299J83974 Page No.: 9 10. The terms and provisions contained in the document entitled "Ordinance No. 607" Recorded: September 3, 1998 Recording No.: 3176833 11. Easement, including terms and provisions contained therein: Recording Information: 3216312 In Favor of: City of Yelm For: Utilities 12. Easement, including terms and provisions contained therein Recorded: January 27, 2006 Recording Information: 3803927 In Favor Of: Puget Sound Energy, [nc., a Washington corporation For. Electric transmission and/or distribution system 13. Unrecorded leaseholds, if any, rights of vendors and security agreement on personal property and rights of tenants, and secured parties to remove trade fxtures at the expiration of the term. INFORMATIONAL NOTES N. General taxes for the year 2006, which have been paid. Tax Account No.: 21713340600 Code Area: 170 Amount: $ 2,079.57 Assessed land Value: $ 169,850.00 Assessed Improvement Value: $ 0.00 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. II II II I III I I I III III I II OH969606 03509P BURNETT RORD COnN PRRK PC $3fi.00 Thurston Co. Wa. FirsYAmenran Trile