Title ReportSUBDIVISION
Guarantee/Certificate Number:
Issued By:
CTTC230058438
Subdivision Guarantee/Certificate Printed: 05.22.23 @ 10:46 AM
Page 1 WA-CT-FNOY-02150.620142-SPS-1-23-CTTC230058438
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Mountain Terrace Builders Inc., a Washington corporation and TCB Capital LLC, a Washington Limited Liability Company
herein called the Assured, against actual loss not exceeding the liability amount stated in Schedule A 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 identity of any party named or referred to in Schedule A
or 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 in Schedule A.
Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee. If you
wish additional liability, or assurances other than as contained herein, please contact the Company for further information
as to the availability and cost.
Chicago Title Company of Washington
676 Woodland Square Loop SE, Suite 405
Lacey, WA 98503
Chicago Title Insurance Company
By:
Countersigned By:
Mark Karjalahti
Authorized Officer or Agent
Michael J. Nolan, President
Attest:
Marjorie Nemzura, Secretary
Subdivision Guarantee/Certificate Printed: 05.22.23 @ 10:46 AM
Page 2 WA-CT-FNOY-02150.620142-SPS-1-23-CTTC230058438
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO.
CTTC230058438
ISSUING OFFICE:
Title Officer: Mark Karjalahti
Chicago Title Company of Washington
676 Woodland Square Loop SE, Suite 405
Lacey, WA 98503
Phone: 360-456-7878 Fax: 360-493-1985
Main Phone: (360)456-7878
Email: Mark.Karjalahti@ctt.com
SCHEDULE A
Liability Premium Tax
$1,000.00 $350.00 $33.25
Effective Date: May 17, 2023 at 08:00 AM
The assurances referred to on the face page are:
That, according to those public records which, under the recording laws, impart constructive notice of matter relative to
the following described property:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
Title to said real property is vested in:
TCB Capital LLC, a Washington Limited Liability Company
subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their
priority.
END OF SCHEDULE A
EXHIBIT "A"
Legal Description
Subdivision Guarantee/Certificate Printed: 05.22.23 @ 10:47 AM
Page 3 WA-CT-FNOY-02150.620142-SPS-1-23-CTTC230058438
For APN/Parcel ID(s):22730230600
The North 351 feet of the West 404 feet of the Southwest quarter of the Northwest quarter of Section 30,
Township 17 North, Range 2 East, W.M.; Excepting therefrom that part described as follows:
Beginning at the Northwest corner of said Southwest quarter of Northwest quarter, running thence South along
the West line of said Subdivision 145 feet; Thence Southeasterly to a point on the East line of the West 352 feet of
said subdivision, a distance of 165 feet South of the Northeast corner of said West 352 feet; Thence North along
said East line 165 feet to the North line of said subdivision; Thence West 352 feet, more or less, to the point of
beginning;
And excepting also the West 20 feet of county road known as Mill Road;
In Thurston County, Washington
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO.
CTTC230058438
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 05.22.23 @ 10:47 AM
Page 4 WA-CT-FNOY-02150.620142-SPS-1-23-CTTC230058438
1.Delinquent general and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1,
second half delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties):
Year: 2022
Tax Account No.:22730230600
Levy Code: 170
General and Special Taxes:
Billed: $1,653.23
Paid: $0.00
Unpaid: $1,653.23
2.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half
delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties):
Year: 2023
Tax Account No.:22730230600
Levy Code: 170
Assessed Value-Land: $121,500.00
Assessed Value-Improvements: $2,300.00
General and Special Taxes:
Billed: $1,160.59
Paid: $0.00
Unpaid: $1,160.59
3.The search did not disclose any open mortgages or deeds of trust of record, therefore the Company reserves the
right to require further evidence to confirm that the property is unencumbered, and further reserves the right to
make additional requirements or add additional items or exceptions upon receipt of the requested evidence.
4.A claim of mechanic’s lien or materialman’s lien
Claimant: Concrete Services, Inc.
Against: Mountain Terrace Builders, Inc. and TCB Capital LLC
Amount: $19,358.80
Work Commenced or Materials Delivered: June 13, 2022
Recording Date: December 7, 2022
Recording No.:4961052 .
5.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Puget Sound Power & Light Company
Purpose: Electric transmission and/or distribution line
Recording Date: February 11, 1949
Recording No.: 445992
Affects: Portion of said premises
6.Resolution No. 15375 to the City of Yelm, and the terms and conditions thereof:
Recording Date: March 3, 2017
Recording No.:4552151 .
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO.
CTTC230058438
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 05.22.23 @ 10:47 AM
Page 5 WA-CT-FNOY-02150.620142-SPS-1-23-CTTC230058438
7.Sewage operation and maintenance permit and the terms and conditions thereof:
From: Thurston County Environmental Health
Recording Date: September 6, 1995
Recording No.:9509060169 .
8.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Puget Sound Energy, Inc.
Purpose: Electric transmission and/or distribution line
Recording Date: October 22, 2021
Recording No.:4891922
Affects: Portion of said premises
END OF EXCEPTIONS
NOTES
The following matters will not be listed as Special Exceptions in Schedule B of the policy. There will be no coverage for
loss arising by reason of the matters listed below because these matters are either excepted or excluded from coverage or
are not matters covered under the insuring provisions of the policy.
Note A:Note: FOR INFORMATIONAL PURPOSES ONLY:
The following may be used as an abbreviated legal description on the documents to be recorded, per
Amended RCW 65.04.045. Said abbreviated legal description is not a substitute for a complete legal
description within the body of the document:
Ptn SW1/4 NW1/4 30-17-2E
Tax Account No.: 22730230600
Note B:Note: Any map furnished with this Guarantee is for convenience in locating the land indicated herein
with reference to streets and other land. No liability is assumed by reason of reliance thereon.
Note C:Note: The Public Records indicate that the address of the improvement located on said Land is as
follows:
10548 Mill RD SE
Yelm, WA 98597
END OF NOTES
END OF SCHEDULE B