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Home My WebLink AboutCAG2001-0518 - Insurance Certificate - Pacific NW Title - Martin Property (202205-9101-04) Title Insurance - 12/05/2001 I %eZcords M10 eme KENT Document w•sHiwaroe CONTRACT COVER SHEET This is to be completed by the Contract Manager prior to submission to City Clerks Office. All portions are to be completed, H you have questions, please contact City Clerks Office. Vendor Name: ��1 /U� T/Ci Vendor Number. '�5Y-755 JD Edwards Number Contract Number: This is assigned by Deputy City Clerk Description: 1/LLr Detail: Project Name: IMM111' Contract Effective Date: Termination Date: Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: � � Department: Abstract: S Pub6c\RecordsManogement\Forms\COntractCover\ADCL7832 07/02 , POLICY OF TITLE INSURANCE ISSUED BY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, PACIFIC NORTHWEST TITLE INSURANCE COMPANY, INC , a Washington corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of 1 Title to the estate or interest described in Schedule A bei vested other than as stated therein, 2 Any defect in or lien or encumbrance on the title; 3 Unmarketability of the title, 4 Lack of a right of access to and from the la The Company will also pay the costs, attor s' fe and expenses incurred in defense of the title, as insured, but only to the extent provi in Conditions and Stipulations IN WITNESS WHEREOF, Pacific Northwest Title rance Company, Inc has caused this policy to be signed and sealed by its duly authorized ers as of the Date of Policy shown in Schedule A A I Presi PACIFIC OR T Countersigned by Insurance Compare c �tt ptE INS Authorized Signatory/�. .` 0 "4 a$ CAPPOMrF' �3 SRA PI F- EAL Company ST TITLE gip% ,: Seattle, Weshingtt)n City,State EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage,costs, attorneys'fees or expenses which arise by reason of 1 (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating to (i)the occupancy, use, or enjoyment of the land, (u)the character, dimensions or location of any Improvement now or hereafter erected on the land,(u)a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part,or(iv)environmental protection,or the effect of any violation of these laws,ordinances or governmental regulations,except to the extent that a notice of the enforcement thereof or a notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy (b) Any governmental police power not excluded by(a)above,except to the extent that a notice of the exercise thereof or a notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy 2 Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy,but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge 3 Detects,liens,encumbrances,adverse claims or other matters (a) created,suffered,assumed or agreed to by the insured claimant, (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy, (c) resulting in no loss or damage to the insured claimant, (d) attaching or created subsequent to Date of Policy,or (a) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy 0'1093' 114644 ALTA OWNER'S POLICY—10-17-92 Standard Coverage PACIFIC NORTHWEST TITLE INSURANCE COMPANY, INC. A.L.T.A. OWNER'S POLICY SCHEDULE A Order No. : 456656 Policy No. : 1093-114644 Policy Date: December 5, 2001 Policy Amount: $175, 000.00 at 11:44 a.m. 1. Name of Insured: CITY OF KENT, a Washington municipal corporation 2. The estate or interest in the land described herein and which is covered by this Policy is: FEE SIMPLE 3. The estate or interest referred to herein is at date of Policy vested in: CITY OF KENT, a Washington municipal corporation 4 . The land referred to in this Policy is described as follows: As on Schedule A, pages 2 and 3, attached. Policy No. : 1093-114644 SCHEDULE A Page 2 The land referred to in this policy is in the County of King, State of Washington, and described as follows: That portion of the south half of the south half of the northeast quarter of Section 20, Township 22 North, Range 5 East, W.M. , in King County, Washington, being described as follows: Commencing at the southeast corner of said northeast quarter; Thence north 89*17111" west along the south line of said northeast quarter, a distance of 2242.18 feet; Thence north 01*01121" east a distance of 30.00 feet, to the north margin of southeast 248th Street and the TRUE POINT OF BEGINNING; Thence continuing north 01*01'21" east, along an existing fence a distance of 180.00 feet; Thence north 89*17111" west a distance of 195.19 feet to the east line of the west 160 feet of said south half of the south half; Thence south 01°19'24" west, along said east line, a distance of 70.00 feet; Thence south 89*17111" east a distance of 36.14 feet; Thence south 00°34122" west, along an existing fence, a distance of 110.00 feet, to the north margin of said Southeast 248th Street; Thence south 89°17'11" east, along said margin, a distance of 158.55 feet to the TRUE POINT OF BEGINNING; EXCEPT that portion awarded by decree in King County Superior Court Cause Number 88-2-03250-05 entered February 5, 1989, described as follows: Commencing at the southeast corner of the northeast quarter of said Section 20; Thence north 88*43144" west along the south line of the northeast quarter of said Section 20, a distance of 2399.37 feet; Thence north 01*03132" east 140.00 feet along an existing fence to the north line of the south 140 feet of the northeast quarter of said Section 20 and the TRUE POINT OF BEGINNING; Thence continuing along said fence north 01°03'32" east 70.00 feet to the north line of Lot 1, King County Short Plat No. R477018 recorded under Recording Number 7804190934; Thence north 88*43144" west along said north line 35.91 feet to the east line of the west 160 feet of the northeast quarter of said Section 20; (continued) Policy No. : 1093-114644 SCHEDULE A Page 3 LEGAL DESCRIPTION, continued: Thence south 01*52147" west along said east line 70.00 feet to the north line of the south 140 feet of the northeast quarter of said Section 20; Thence south 88043'44" east along said north line 36.91 feet to the TRUE POINT OF BEGINNING; (ALSO KNOWN AS Parcel H, City of Kent Lot Line Adjustment No. LL-90- 15, recorded under Recording Number 9005031225. ) END OF SCHEDULE A Standard Coverage PACIFIC NORTHWEST TITLE INSURANCE COMPANY, INC. A.L.T.A. OWNER'S POLICY SCHEDULE B Policy No. : 1093-114644 This policy does not insure against loss or damage by reason of the following: GENERAL EXCEPTIONS: 1. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public record. 3. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey or inspection of the premises. 4. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the public records, or liens under the Workmen's Compensation Act not shown by the public records. 5. Any title or rights asserted by anyone including but not limited to persons corporations, governments or other entities, to tide lands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or sound, or lands beyond the line of the harbor lines as established or changed by the United States Government. 6. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water. 7. Taxes or special assessments which are not shown as existing liens by the public records. 8. Any service, installation, connection, maintenance, capacity, or construction charges for sewer, water, electricity or garbage removal. 9. Indian tribal codes or regulations, Indian treaty or aboriginal rights, including, but not limited to, easements or equitable servitudes. SPECIAL EXCEPTIONS: As on Schedule B, attached. Policy No. : 1093-114644 SCHEDULE B Page 2 SPECIAL EXCEPTIONS: 1. EASEMENT AND THE TERMS AND CONDITIONS REFERENCED THEREIN, INCLUDING BUT NOT LIMITED TO, THE FOLLOWING: GRANTEE: Puget Sound Power & Light Company PURPOSE: An underground electric distribution system AREA AFFECTED: Portion of said premises DATED: February 17, 1978 RECORDED: April 10, 1978 RECORDING NUMBER: 7804100715 2. COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS CONTAINED IN SHORT PLAT, COPY ATTACHED: RECORDED: April 19, 1978 RECORDING NUMBER: 7804190934 3. COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS CONTAINED IN LOT LINE ADJUSTMENT COPY ATTACHED: RECORDED: May 3, 1990 RECORDING NUMBER: 9005031225 4. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: BY AND BETWEEN: Various owners DATED: Not disclosed RECORDED: June 2, 1987 RECORDING NUMBER: 8705021214 REGARDING: Boundary Lines Said instrument is a re-recording of instrument recorded under Recording Number 8705110435. 5. Matters disclosed on a survey recorded under King County Recording Number 8706029004, a copy of which is hereto attached. END OF SCHEDULE B rag