20150212 SubDivision Guarantee 02152017I
eturn Address
'ity of Yelm
'ami Merriman
05 Yelm Avenue West
'elm, WA 98597
Document title(s) (or transactions contained therein):
1. Subdivision guarantee
Reference Number(s) of Documents assigned or released:
(on page of documents(s))
Grantor(s) (Last name, first name, middle initial)
1. Tyler Terrace
2. Mountain Terrace Builders, LLC
3. Kempinski, Michael, Member
Grantee(s) (Last name, first name, middle initial)
1. City of Yelm
2.
Legal Description ( abbreviated: i.e. lot, block, plat or section, township, range)
Portion of SW 1/4 of the NW I/4 Section 19, Township 17N, Range 2 E
Assessors Property Tax Parcel/Account Number:
22719230400
4549543 Pages: 6
02/15/2017 09 37 AM Miscellaneous
Thurston County Washington
MOUNTAIN TERRACE BUILDERS, LLC
1111 wiry W KtiUJ 11,11 CA N1,1 F1,12111 11 II 1
SUBDIVISION
Issued By:
IWA
CHICAGO TITLE INSURANCE COMPANY
Guarantee /Certificate Number:
160015343
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Mountain Terrace Builders, 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
719 Sleater Kinney Rd SE, Suite 108
Lacey, WA 98503
Countersigned By:
Authorized Officer or Agent
Chicago Title Insurance Company
By:
President
Attest:
f
**0 Secretary
Subdivision Guarantee /Certificate Printed: 12.02.16@11:55 AM
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CHICAGO TITLE INSURANCE COMPANY
GUARANTEEXERTIFICATE NO. 160015343
ISSUING OFFICE:
Title Officer: Mark Karjalahti --
Chicago Title Company of Washington
719 Sleater Kinney Rd SE, Suite 108
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 I Tax
$1,000.00 $350.00 $30.45 1
Effective Date: November 22, 2016 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:
Mountain Terrace Builders, 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
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EXHIBIT "A"
Legal Description
For APN /Parcel ID(s): 22719230400
A portion of the Southwest quarter of the Northwest quarter of Section 19, Township 17
North, Range 2 East, W.M., described as follows: Beginning at a point on the North line of
said subdivision which is 256.65 feet West of the Northeast corner thereof; thence West
204.66 feet to a point 943.65 feet East of the Northwest corner of said subdivision; thence
South 37 degrees 56' West 525 feet, more or less, to the Northeast line of Coates Street in the
Town of Yelm; thence South 52 degrees 04' East along the said Northeast line of Coates
Street 160 feet; thence North 37 degrees 56' East 652 feet, more or less, to the point of
beginning. Except that portion conveyed to the City of Yelm by deed recorded December 5,
2008 under auditor's file no. 4049148.
In the County of Thurston, State of Washington
Subdivision Guarantee /Certificate Printed: 12.02.16@11:55 AM
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CHICAGO TITLE INSURANCE COMPANY
2.
3.
4.
GUARANTEE /CERTIFICATE NO. 160015343
SCHEDULE B
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:
2016
Tax Account No.:
22719230400
Levy Code:
172
Assessed Value -Land:
$63,800.00
Assessed Value- Improvements:
$68,700.00
General and Special Taxes:
April 3, 2013
Billed:
$1,818.52
Paid:
$909.26
Unpaid:
$909.26
A deed of trust to secure an indebtedness in the amount shown below,
Amount:
$138,079.99
Dated:
April 2, 2013
Trustor /Grantor:
Mountain Terrace Builders LLC, a Washington limited liability company
Trustee:
CHICAGO TITLE COMPANY
Beneficiary:
Tony J. Trunk and Barbara E. Trunk, husband and wife
Recording Date:
April 3, 2013
Recording No.:
4327963
A deed of trust to secure an indebtedness in the amount shown below,
Amount:
$160,000.00
Dated:
April 2, 2013
Trustor /Grantor:
Mountain Terrace Builders LLC, a Washington limited liability company
Trustee:
CHICAGO TITLE COMPANY
Beneficiary:
Tony J. Trunk and Barbara E. Trunk, husband and wife
Recording Date:
April 3, 2013
Recording No.:
4327964
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: June 9, 1927
Recording No.: 181577
Affects: Portion of said premises
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to:
Town of Yelm
Purpose:
Waterline
Recording Date:
January 25, 1982
Recording No.:
8201250087
Affects:
Portion of said premises
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CHICAGO TITLE INSURANCE COMPANY
SCHEDULE B
(continued)
GUARANTEE /CERTIFICATE NO. 160015343
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: August 1, 2016
Recording No.: 4514789
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 SW NW 19 -17 -2E
Tax Account No.: 22719230400
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:
15624 Coates Road SE
Yelm, WA 98597
END OF NOTES
END OF SCHEDULE B
Subdivision Guarantee /Certificate Printed: 12.02.16 @ 11:55 AM
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