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HomeMy WebLinkAboutPW12-182 - Original - Para Malik - Meyers 116th Ave SE Purchase - 07/12/2012 3 � Records Miiitar -gerneht-') KENT Document NASHI GTON ,'( �✓C' -£Rim w 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. If you have questions, please contact City Clerk's Office. Vendor Name: Para Malik Vendor Number: ID Edwards Number n Contract Number: OU)101— g o� This is assigned by City Clerk's Office Project Name: Real Estate Purchase & Sale Agreement Description: ❑ Interlocal Agreement ❑ Change Order ❑ Amendment ❑ Contract ❑ Other: Contract Effective Date: 7/12/2012 Termination Date: Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: Ingrid Wilms-Dixon Department: Public Works Detail: (i.e. address, location, parcel number, tax id, etc.): Meyers 116th Ave SE S•Public\RecordsManagement\Forms\ContractCover\adcc7832 1 11/08 REAL ESTATE PURCHASE AND SALE AGREEMENT WITH EARNEST MONEY PROVISION This Agreement is entered between the CITY OF KENT, a Washington municipal corporation ("Seller"), whose mailing address is 220 4`h Avenue South, Kent, Washington 98032-5895, and Paras Malik ("Buyer"), whose mailing address is , for the sale and purchase of real property as follows: 1. PROPERTY. The Property, which Buyer agrees to buy and Seller agrees to sell, is known as King County Tax Parcel Number 282205-9104 , located at 25906 1161h Ave SE Kent (the "Property"). The Property is legally described in Exhibit "A", attached hereto and incorporated herein by this reference. 2. EARNEST MONEY. Within ten working (10) days of mutual acceptance of this Agreement, Buyer shall deposit with ��,/�(� � Tj�( �C// the "Escrow Agent"), the sum of Five Thousand Dollars NO/100ths ($_5,000 00 ) in the form of a Certified Check, as refundable earnest money to be applied toward the purchase price of the Property payable at Closing. 3. PURCHASE PRICE. The total purchase price for the Property is One Hundred Twenty Thousand Dollars and NO/100ths ($ 120,000 00 ), including the $ 5,000 00 Earnest Money payable on Closing. 4. CONTINGENCIES. This Agreement is contingent upon: Buyer's receipt of Seller's information contained in the Real Property Transfer Disclosure Statement ("Disclosure Statement") the form of which is set forth in Exhibit "B " The Disclosure Statement shall be completed by the Seller within ten (10) days from the date of mutual acceptance of the Agreement. Within five (5) days of Buyer's receipt of the Disclosure Statement from Seller, Buyer shall either approve and accept the Disclosure Statement, or rescind the Agreement to purchase the Property, in its sole and absolute discretion. If Buyer does Buyer's Initials Seller's Initials Seller's Initials Real Estate Purchase and Sale Agreement Page I of 6 not deliver a written rescission notice to Seller within the five (5) day period, Disclosure Statement will be deemed approved and accepted by Buyer, ryEr_stall;hate_ 'atety'(9',Q)bays ;after;rth"e''reGeipt`oie S'd�1er's;))isclo`surstat',ezziex( q_ coixip�etE'a eastl3ility study xel tad-,to c,evelopmeintsof the property, $uy�z;shall:_eit er;'appro�+e and accepG`tl e fiesulfs ca ri,`'x scrod'the A greement;to the vpurchase tlie.proolieitys=i isola'aio ab`splufe.discretion �e3lez�ag'rees�tti•al�o� B'p�'er'is"iris,��eloxs,reasonable accessto.'t�e'l?rop�rty upozi,reasor�ab'Ie iiglce if necessazY gatis#y tl�e Contingt,iicies is'ihis"offer Should any of the contingencies not be met prior to Closing, then this Agreement shall terminate and neither Buyer not Seller shall have any further rights, duties or obligations hereunder, except that the Earnest Money in Escrow shall be immediately returned to Buyer. ,0 S. CONVEYANCE AND CONDITION OF TITLE. The title to the Property shall be conveyed by Seller to Buyer at Closing by Bargain and Sale Deed, free and clear of all liens, encumbrances or ,dIefects except those described in Title Report # (& —/"��described in Exhibit "C", attached hereto and incorporated herein by this reference. All other special exceptions therein are to be removed on or before Closing. TITLE INSURANCE. At Closing, Buyer shall cause Title and Escrow (Title Agent), to issue standard coverage owner's policy of title insurance to Buyer in an amount equal to the total purchase price of the Property. For purposes of this Agreement, the following shall not be deemed encumbrances or defects: rights reserved in federal patents or state deeds, building or use restrictions consistent with current zoning and utility and road easements of record. If title cannot be made so insurable prior to Closing, unless Buyer elects to waive such defects or encumbrances, this Agreement shall terminate and the Earnest Money shall be returned to Buyer. 7. CLOSING COSTS AND PRO-RATIONS. The Seller and Buyer shall each pay one-half of the initial escrow fee. Buyer shall be responsible for all additional fees related to escrow. Seller rs�all npay for recording costs of deed, Standard Owners title insurance premium, Buyer's Initials ! ' Seller's Initia Seller's Initials Real Estate Purchase and Sale Agreement Page 2 of 6 the costs of any survey, and the fees and expenses of its consultants. Taxes for the current year, rents, interest, water, sewer and other utility charges, if any, shall be paid by Seller, and prorated as of the day of Closing,unless otherwise agreed. 8. CLOSING OF THE SALE. WITH THE UNDERSTANDING THAT TIME IS OF THE ESSENCE FOR THIS AGREEMENT, this sale shall be closed witl a"-'Olie-hutidrid aiiooty;(00)4ys,of the date of mutual acceptance of this Agreement, which shall also be the termination date of this Agreement, unless said Closing date is extended in writing by mutual agreement of the parties. When notified, ,he Buyer and Seller will deposit, without delay, in j escrow with (Escrow Agent), all instruments and monies required to complete the transaction in accordance with this Agreement. Closing for the purpose of this Agreement, is defined as the date that all documents are executed and the sale proceeds are available for disbursement to the Seller. 9. CASUALTY LOSS. If prior to Closing, improvements on the Property shall be destroyed or materially damaged by fire or other casualty, this Agreement, at option of the Buyer, shall become null and void. 10. POSSESSION. Buyer shall be entitled to possession on Closing. 11. SELLER'S REPRESENTATIONS. Seller represents: (a) that Seller will maintain the Property in present or better condition until time of agreed possession; (b) that Seller has no knowledge of notice from any governmental agency of any £ violation of laws relating to the Property except: (c) that if the Property is leased, Seller will provide copies of each and every lease to Buyer within one (1) working day upon request. 12. DEFAULT AND ATTORNEY'S FEES. Buyer's Initials Seller's rn&ialk.<Z-- Seller's Initials i Real Estate Purchase and Sale Agreement Page 3 of 6 i either party in connection with potential litigation on account of Buyer's default. Buyer and Seller believe said amount to be a fair estimate of actual damages. (b) Seller's Default. If Seller defaults hereunder, Buyer shall have all the rights and remedies available at law or in equity. (c) Attorney's Fees and Costs In the event of litigation to enforce any of the terms or provisions herein, each party shall pay all its own costs and attorney's fees. 13. NON-MERGER. The terms, conditions, and provisions of this Agreement shall not be deemed merged into the deed, and shall survive the Closing and continue in full force and effect. 14. NOTICES. All notices required or permitted to be given hereunder shall be in writing and shall be sent U.S. certified mail, return receipt requested, or by facsimile transmission addressed as set forth below: (a) All notices to be given to Buyer shall be addressed as follows: Email: �� Phone: f`5��� YL 311 Y (b) All notices to be given to Seller shall be addressed as follows: Attn: Ingrid Willms-Dixon - idixongkentwa.gov City of Kent Phone: 253-856-5519 220 Fourth Avenue South Kent, WA 98032 (c) All notices to be given to Escrow Agent shall be addressed as follows: ce 1� r �-tea; �� h' , Buyer's initials2jfq Seller's lnitiawl: Seller's initials "" Real Estate Purchase and Sale Agreement Page 4 of 6 Either party hereto may, by written notice to the other, designate such other address for the giving of notices as necessary. All notices shall be deemed given on the day such notice is personally served, or on the date of the facsimile transmission, or on the third day following the day such notice is mailed in accordance with this section. 15. ENTIRE AGREEMENT. This Agreement, including all incorporated exhibits, constitutes the full understanding between Seller and Buyer. There have been no verbal or other agreements that modify this Agreement. 16. BINDING EFFECT AND SURVIVAL. This Agreement shall be binding upon parties hereto and their respective heirs, successors and assigns; and the terms, conditions and provisions of this Agreement shall survive the Closing of this transaction. 17. DATE OF MUTUAL ACCEPTANCE. For the purposes of this Agreement,the date of mutual acceptance of this Agreement shall be the last date on which the parties to this Agreement have executed this Agreement as indicated below. 18. EXPIRATION OF OFFER. Buyer shall have only until 5.00 pm on the 10 days from mutual acceptance , to accept the Agreement as written, by delivering a signed copy i thereof to the Buyer or Buyer's agent. If Seller does not so deliver a signed copy within said period, this Agreement shall lapse and all right of the parties hereunder shall terminate. IN WITNESS WHEREOF,the parties hereto have executed this Agreement on the date set forth below. SELLER: CI7ee By C-er- S�u :e Its: Dated: J-7 Buyer's Initials Seller's Initia&,—` Seller's Initials Real Estate Purchase and Sale Agreement Page 5 of 6 } BUYER: By: Dated: 7-1 I`12 P T,"RFiles\Open Files\OI7n-2012-Public Works GenerahMeyer Property Purchase&Sale Agreement(Crcy is Seller)dou Buyer's Initials—ZI Seller's InitralsF5�r-- Seller's Initials Real Estate Purchase and Sale Agreement Page 6 of 6 ORDER NO. : 5216009422 EXHIBIT A The land referred to is situated in the County of King, City of Kent, State of Washington, and is described as follows: The South 264 feet of the North 528 feet of the South half of the West half of the West half of the Northwest quarter of the Northwest quarter of Section 28, Township 22 North, Range 5 East, W.M., in King County, Washington; EXCEPT the West 30 feet thereof conveyed to King County by instrument recorded under Recording No. 4768113; AND EXCEPT that portion thereof described as follows: Commencing at the Northwest comer of said Section 28; THENCE South 00056'50"West, along the West line of the Northwest quarter of said Section 28, a distance of 924.22 feet to the North line of the South 264.00 feet of the North 528.00 feet of the South half of the West half of the West half of the Northwest quarter of the Northwest quarter of said Section 28; THENCE South 8805637"East, along said North line, 30.00 feet to the East line of the West 30.00 feet of said Subdivision and the True Point of Beginning; THENCE continuing South 8805637"East, along said North line, 16.00 feet; THENCE South 00156'50"West, along said East line, 140.00 feet; THENCE South 66019'27" East 26.00 feet; THENCE South 8815637" East 83.00 feet; THENCE North 43°0641" East 14.95 feet; THENCE North 01103'23" East 16.90 feet; THENCE South 8805637" East 167.08 feet to the East line of the South 264.00 feet of the North 528.00 feet of the South half of the West half of the West half of the Northwest quarter of the Northwest quarter of said Section 28; THENCE South 0015745"West, along said East line, 142.00 feet to the South line of said South 264.00 feet; THENCE North 8805637"West, along said South line, 300.09 feet to the East line of the West 30.00 feet of said South 264.00 feet; THENCE North 00056'50" East, along said East line, 264.00 feet to the True Point of Beginning. SITUATE in the County of King, State of Washington ABBREVIATED LEGAL Portion of the Northwest quarter of the Northwest quarter of Section 28, Township 22 North, Range 5 East, W.M. Tax Account No. 282205-9104-03 Page 1 of 1 * 19020 33rd Avenue W, Suite 360 OLD REPUBLIC * 'E Lynnwood,WA 98036 4t TITLE & ESCROW (425) 776-1970 Attached Commitment Issued for the sole use of: Our Order Number 5216009422 CITY OF KENT Customer Reference City of Kent/Malik 220 FOURTH AVENUE SOUTH KENT, WA 98032 When Replying Please Contact: Marlene Graber Mike McCarthy Pam Selle Direct: (425) 776-4305 See Attached Commitment to Insure * ALTA Commitment * COMMITMENT FOR TITLE INSURANCE * ** Issued by Old Republic National Title Insurance Company OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY, a Minnesota corporation ("Company'), for a valuable consideration, commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the Proposed Insured named In Schedule A, as owner or mortgagee of the estate or interest in the land described or referred to in Schedule A, upon payment of the premiums and charges and compliance with the Requirements; all subject to the provisions of Schedules A and B and to the Conditions of this Commitment. This Commitment shall be effective only when the identity of the Proposed Insured and the amount of the policy or policies committed for have been inserted In Schedule A by the Company. All liability and obligation under this Commitment shall cease and terminate six(6) months after the Effective Date or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue the policy or policies is not the fault of the Company The Company will provide a sample of the policy form upon request. Issued through the office of: OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Old Republic Title, Ltd. A Corporation 19020 33rd Avenue W., Suite 360 400 Second Avenue South, Minneapolis, Minnesota 55401 (612)371-1111 Lynnwood, WA 98036 IT4••• By * * � I President Jul; * gym= Attest ' j��* *a oo Secretary Authorized Officer or Agent �'�--"i"."` Page 1 of 8 Pages ORHC 1613(2006) OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 * * ** ALTA Commitment SCHEDULE A Customer Reference: City of Kent/Malik 1. Effective Date: June 22, 2012, at 8:00 AM 2. Policy or Policies to be issued: ALTA Owner's Policy - 2006 Amount: $120,000.00 Premium: $546.00 Tax: $51.87 Rate: Standard Owners Note: Standard Coverage Proposed Insured: PARAS MALIK, presumptively subject to a community interest if married or in a registered domestic partnership ALTA Loan Policy - 2006 Amount: Amount to come. Rate: Simultaneous Note: Extended Coverage Proposed Insured: To be determined The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit A attached. Copies of the Policy forms should be read. They are available from the office which issued this Commitment. 3. The estate or interest in the land described or referred to in this Commitment is Fee 4. Title to the estate or interest in the land is at the Effective Date vested in: CITY OF KENT, a Washington municipal corporation 5. The land referred to in this Commitment is described as follows: Page 2 of 8 Pages ORTIC 1614 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 See Legal Description Exhibit. This Commitment is not valid without SCHEDULE A and SCHEDULE B. Page 3 of 8 Pages ORTIC 1614 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 SCHEDULE B Customer Reference: City of Kent/Malik I. REQUIREMENTS- 1. Pay us the premiums, fees and charges for the policy. 2. Documents satisfactory to us creating the interest in the land and/or the mortgage to be insured must be signed, delivered, and recorded. 3. You must tell us in writing the name of anyone not referred to in this Commitment who will get an interest in the land or who will make a loan on the land. We may then make additional requirements or exceptions. 4. Release(s) or Reconveyance(s) of appropriate items. 5. If any document in the completion of this transaction is to be executed by an attorney-in- fact, the completed Power of Attorney form should be submitted for review prior to closing. 6. The requirement that satisfactory evidence be furnished to this Company of compliance with applicable statutes, ordinances and charters governing the ownership and disposition of the herein described land. 7. Any interest of a spouse/domestic partner of PARAS MALIK. NOTE: The name of said spouse/domestic partner must be furnished. 8. If the property described in Schedule A is occupied by a marital community or registered domestic partnership as a homestead under Washington law, any conveyance or encumbrance must be executed by both spouses/domestic partners pursuant to RCW 6.13.060. Page 4 of 8 Pages OMC 1616 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 SCHEDULE B continued Customer Reference: City of Kent/Malik II Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company: Defects, liens, encumbrances, adverse claims or other matters, if any, created,first appearing in the public records or attaching subsequent to the Effective Date hereof but prior to the date the proposed Insured acquires for value of record the estate or interest or mortgage thereon covered by this Commitment. 1. Encroachments, or questions of location, boundary and/or area which an accurate survey may disclose. 2. Easements or claims of easements not disclosed by the public records. 3. Rights or claims of parties in possession not disclosed by the public records. 4. Any lien or right to lien for services, material, labor, and/or contributions to an employee benefit fund or State Workers'Compensation that is not disclosed by the public records. 5. Exceptions and reservations in United States patents, Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements and equitable servitudes. Water rights, claims or title to water. 6. Any service, installation or general connection charges for sewer, water, electricity, telephone, gas and/or garbage removal. 7. General taxes not now payable; special assessments and/or special levies, if any, that are not disclosed by the public records. 8. Lien of Real Estate Excise Sale Tax upon any sale of said premises, as established by the Washington State Department of Revenue. NOTE: As of the date of this commitment, the current Excise Tax Rate is: .0178. Confirm the current rate by contacting the following pnor to closing: Name of Agency King County Records and Election Division, Excise Tax Department at Telephone Number (206) 296-1843 Page 5 of 8 Pages oRnc 1618 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 9. LIABILITY FOR ASSESSMENT FOR GENERAL TAXES, said Property not being carried on the general tax rolls. Any liability for additional taxation and/or termination of the exemption currently allowed under RCW Chapter 84.36 due to a change in ownership or death of the taxpayer. 10. Agreement for Installation, use and maintenance of well and appurtenances thereto Executed By Rurel E. Berry and Bertha Berry, his wife and Between Alfred Ornas and G.H. Berryman On the terms, covenants and conditions contained therein, Recorded August 23, 1935 in Official Records under Recording Number 2865062 11. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following Instrument Deed Granted To King County For Right to make necessary slopes for cuts or fills upon property herein described Recorded January 30, 1957 in Official Records under Recording Number 4768113 Affects The Westerly portion 12. Any lack of access, or a right of access, or a right to access to and from the land (any access coverage contained in this policy and/or endorsements thereto is NOT being provided, notwithstanding any statement therein to the contrary). -------------------- Informational Notes ------------------- A. NOXIOUS WEED TAX, as follows; together with interest and penalties after delinquency: Year 2012 Levy Code 9420 Amount Billed $2.25 Amount Paid $2.25 Tax Account No. 282205-9104-03 Page 6 of 8 Pages OFMC 1618 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 B. CONSERVATION TAX, as follows; together with interest and penalties after delinquency: r Year 2012 Levy Code 9430 Amount Billed $9.98 Amount Paid $9.98 Tax Account No. 282205-9104-03 C. NOTE: According to the public records, there have been no deeds conveying the property described in this report recorded within a period of 36 months prior to the date hereof except as follows: NONE NOTE: The last recorded transfer or agreement to transfer the land described herein is as follows: Recorded November 30, 2006 in Official Records under Recording Number 20061130001780 D. Pursuant to WAC Code 284-29-260, there will be a cancellation charge (minimum of $50 plus tax) in the event the proposed transaction does not close. E. NOTE: This report covers land which was identified by street address and/or tax parcel number(s) —assessor's parcel number(s) when the order was opened. F. The applicable rate(s) for the policy(s) being offered by this report or commitment appears to be section(s) 29 and 19. G. Short Term Rate ("STR") applies (but may be precluded or limited by application of the above shown section(s) of our Schedule of Fees and Charges.) H. NOTE : We find no pertinent matters of record against the name(s) of : PARAS MALIK I. Matters dependent upon inspection of the premises have been cleared for ALTA Mortgagee's Policy. The ALTA Mortgagee's Policy, when issued, will contain the ALTA 9 (CLTA 100), ALTA 22 (CLTA 116), ALTA 8.1 endorsements. Page 7 of 8 Pages ORTIC 1618 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Order Number: 5216009422 1. NOTE: The CLTA 116 may describe the improvements as a Single Family Residence known as 25906 116th Avenue Southeast, Kent, WA 98032. rob/RMK Page 8 of 8 Pages ORM 1618 OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY CONDITIONS 1. The term mortgage, when used herein, shall include deed of trust, trust deed, or other security instrument. 2. If the proposed Insured has or acquired actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof, and shall fad to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter,the Company at its option may amend Schedule B of this Commitment accordingly, but such amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations. 3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance hereon in undertaking in good faith (a)to comply with the requirements hereof, or(b)to eliminate exceptions shown in Schedule B, or (c)to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions and Conditions and Stipulations and the Exclusions from Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein. 4. This Commitment is a contract to issue one or more title insurance policies and is not an abstract of title or a report of the condition of title. Any action or actions or rights of action that the proposed Insured may have or may bring against the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment. 5. The policy to be issued contains an arbitration clause. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties You may review a copy of the arbitration rules at http://www.alta org. If a policy other than the 2006 ALTA Owner's Policy of Title Insurance, 2006 ALTA Loan Policy of Title Insurance or 2006 ALTA Short Form Residential Loan Policy is ultimately issued, the arbitration provisions of the issued policy shall control. ORDER NO. : 5216009422 LEGAL DESCRIPTION EXHIBIT The land referred to is situated in the County of King, City of Kent, State of Washington, and is described as follows: The South 264 feet of the North 528 feet of the South half of the West half of the West half of the Northwest quarter of the Northwest quarter of Section 28, Township 22 North, Range 5 East, W.M., in King County, Washington; EXCEPT the West 30 feet thereof conveyed to King County by instrument recorded under Recording No. 4768113; AND EXCEPT that portion thereof described as follows: Commencing at the Northwest corner of said Section 28; THENCE South 00156'50"West, along the West line of the Northwest quarter of said Section 28, a distance of 924.22 feet to the North line of the South 264.00 feet of the North 528.00 feet of the South half of the West half of the West half of the Northwest quarter of the Northwest quarter of said Section 28; THENCE South 88°56'37" East, along said North line, 30.00 feet to the East line of the West 30.00 feet of said Subdivision and the True Point of Beginning; THENCE continuing South 88°5637" East, along said North line, 16.00 feet; THENCE South 00156'50"West, along said East line, 140.00 feet; THENCE South 66°19'27"East 26.00 feet; THENCE South 88156'37"East 83.00 feet; THENCE North 4310641" East 14.95 feet; THENCE North 01103'23" East 16.90 feet; THENCE South 8815637"East 167.08 feet to the East line of the South 264.00 feet of the North 528.00 feet of the South half of the West half of the West half of the Northwest quarter of the Northwest quarter of said Section 28; THENCE South 0015745"West, along said East line, 142.00 feet to the South line of said South 264.00 feet; THENCE North 8815637"West, along said South line, 300.09 feet to the East line of the West 30.00 feet of said South 264.00 feet; THENCE North 00156'50" East, along said East line, 264.00 feet to the True Point of Beginning. SITUATE in the County of King, State of Washington ABBREVIATED LEGAL Portion of the Northwest quarter of the Northwest quarter of Section 28,Township 22 North, Range 5 East, W.M. Tax Account No. 282205-9104-03 Page 1 of 1 Exhb it A AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY OF TITLE INSURANCE-2006 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,attomeys'fees,or expenses that arise by reason of. 1. (a) Any law,ordinance, permit,or governmental regulation(including those relating to building and zoning)restricting,regulating,prohibiting,or relating to (i) the occupancy,use,or enjoyment of the Land, (ci) the character,dimensions,or location of any improvement erected on the Land, (in) the subdivision of land;or (IV) environmental protection, or the effect of any violation of these laws,ordinances,or governmental regulations. This Exclusion 1(a)does not modify or limit the coverage provided under Covered Risk 5 (b) Any governmental police power This Exclusion 1(b)does riot modify or limit the coverage provided under Covered Risk 6 2. Rights of eminent domain.This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8 3. Defects,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(however,this does not modify or limit the coverage provided under Covered Risk 9 and 10),or (e) resulting in loss or damage that would not have been sustained If the Insured Claimant had paid value for the Title 4 Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'nghts laws,that the transaction vesting the Title as shown in Schedule A,is (a) a fraudulent conveyance or fraudulent transfer,or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Data of Policy and the date of recording of the deed or other instrument of transfer in Public Records that vests Title as shown in Schedule A. EXCEPTIONS FROM COVERAGE—SCHEDULE B,PART ONE This policy does not insure against loss or damage(and the Company will not pay costs,attorneys'fees or expenses)that arise by reason of: 1. (a)Taxes or assessments that are not shown as existing lien by the records of any taxing authonty that levies taxes or assessments on real property or by the Public Records,(b)proceedings by a public agency that may result in taxes or assessments,or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records 2. Any facts,rights,interests,or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof,not shown by the Public Records 4. Any encroachment,encumbrance,violation,variation,or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5 (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,whether or not the matters excepted under(a),(b),or(c)are shown by the public records 6 Any lien or right to a lien for services,labor or material not shown by the public records. Page 1 of 2 Exhibit A AMERICAN LAND TITLE ASSOCIATION LOAN POLICY OF TITLE INSURANCE-2DO6 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,attomeys'fees,or expenses that anse by reason of 2 (a) Any law, ordinance,permit,or governmental regulation(including those relating to building and zoning)restricting,regulating,prohibiting,or relating to (i) the occupancy,use,or enjoyment of the Land, (v) the character,dimensions,or location of any improvement erected on the Land; On) the subdivision of land; or (vu) environmental protection,or the effect of any violation of these laws,ordinances,or governmental regulations. This Exclusion 1(a)does not modify or limit the coverage provided under Covered Risk 5 (b) Any governmental police power This Exclusion 1(b)does not modify or limit the coverage provided under Covered Risk 6 2. Rights of eminent domain This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects,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(however,this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14),or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage 4 Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing-business laws of the state where the Land is situated 5. Invalidity or unenforceabdity in whole or in part of the lien of the Insured Mortgage that anses out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or tnith-in-lending law 6. Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights laws,that the transaction creating the lien of the Insured Mortgage,is (a) a fraudulent conveyance or fraudulent transfer,or (b) a preferential transfer for any reason not stated in Covered Risk 13(b)of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b) EXCEPTIONS FROM COVERAGE—SCHEDULE 6,PART 1,SECTION ONE This policy does not insure against loss or damage(and the Company will not pay costs,attomeys'fees or expenses)that anse by reason of. 1. (a)Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records, (b)proceedings by a public agency that may result in taxes or assessments,or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records 2 Any facts,rights,interests,or daims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land 3. Easements, Dens or encumbrances,or claims thereof, not shown by the Public Records 4. Any encroachment,encumbrance,violation,variation,or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records 5 (a)Unpatented mining claims,(b)reservations or exceptions in patents or in Ads authorizing the issuance thereof, (c)water rights,claims or title to water,whether or not the matters excepted under(a),(b), or(c)are shown by the Public Records 6 Any lien or right to a lien for services,labor or material not shown by the public records. Page 2 of 2 OLD REPUBLIC TITLE, LTD. Privacy Policy Notice PURPOSE OF THIS NOTICE Title V of the Gramm-Leach-Bliley Act (GLBA) generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information about you with a nonaffiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of OLD REPUBLIC TITLE LTD. Y P ry � We may collect nonpublic personal information about you from the following sources: Information we receive from you such as on applications or other forms. Information about your transactions we secure from our files, or from [our affiliates or] others. Information we receive from a consumer reporting agency. Information that we receive from others involved in your transaction, such as the real estate agent or lender. Unless it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonpublic personal information will be collected about you. We may disclose any of the above information that we collect about our customers or former customers to our affiliates or to nonaffiliated third parties as permitted by law. We also may disclose this information about our customers or former customers to the following types of nonaffiliated companies that perform marketing services on our behalf or with whom we have joint marketing agreements: Financial service providers such as companies engaged in banking, consumer finance, securities and insurance. Non-financial companies such as envelope stuffers and other fulfillment service providers. WE DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW. We restrict access to nonpublic personal information about you to those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. ORT 287-C 5/07/01 * OLD REPUBLIC TITLE & ESCROW, Ltd. THIS SKETCH IS PROVIDED, WITHOUT CHARGE, FOR YOUR INFORMATION IT IS NOT INTENDED TO SHOW ALL MATTERS RELATED TO THE PROPERTY INCLUDING,BUT NOT LIMITED TO,AREA, DIMENSIONS, EASEMENTS,ENCROACHMENTS OR LOCATIONS OF BOUNDARIES IT IS NOT A PART OF, NOR DOES IT MODIFY, THE COMMITMENT OR POLICY TO WHICH IT IS ATTACHED THE COMPANY ASSUMES NO LIABILITY FOR ANY MATTER RELATED TO THIS SKETCH, UNLESS SUCH COVERAGE IS SPECIFICALLY PROVIDED BY THE COVERED RISKS OF THE POLICY REFERENCE SHOULD BE MADE TO AN ACCURATE SURVEY FOR FURTHER INFORMATION NORTHWEST QUARTER, SECTION 28, TOWNSHIP 22 NORTH, RANGE 5 EAST PROPERTY ADDRESS: 25905 116TH AVENUE SOUTHEAST, KENT, WA 98032 rl c� 25 m '-' 26 r e' 27 m W o i69i6s 6222 SF, a4o1 (PI496 SFT �i�i6s 7496 S9 1714# m (/� r + se 0250 0260 o mic 0270 o c �nm 44y o P :ex:us b d O nl "dl O 9i6 NWorm i N N I ` z' 86 iee-Bi 94 0 'b L° N 5760 SFo 0 5760 SEA' I 951637U o = °i 0860 b m0 0940 0 J`� 7200 se 960950 UN 1 72 AC 7f1 �� ..,N 89-02-20 W .- 6o N 69-02-20-, T 74B07# m96m 87 min 93 9105 5831 SF v' I'm 6329 SE`"'DB7Dm .� g m 96is a �758975z o0� 4s1 ' 90930m.19 6B6-56-37E o 9323 W z� B3-33-29 Ea 7204 SF^ N0960m N m ;erb 88 72 W i' 88 "' 92 ®2c N N 89-02-20 30 6590 SF° 7609 SFw gN N z 088Q 69i3 m j 38 N 28'a' —o9ie 2U 0920 97 P697. 0 37937# me9 9 9 00 �� Rz5 ,50 6s,96 96 7216 SF ^� 9104 66'0 &>W 49 29 2 QQ'1?0 w 0970 m N N O 'Y rl b 75 b N m tiq SBB-56-37E 167 DB 89 p;,�67 .a\ f 91 x69.6i N 77- ^ NO1- - v ,� wl9 N W 11-44 q 7955 SF'4 90 `� o• m ro o�" ' 7260 F,,E88-Sfi-3]E fa 'rm S F'o a^ o O7402N43-06-41E 06 00z 4 � i1mD'906 i aa11,�Noo, 95 85 57 z 119 50 910 96 `" 1 b 83-33-19 N 81 6 -13- a '0 2emm W 65 46 21 W 25 y 7341 SF� / o z mw iwifie 70 b 09B0 b 014 5#'n U 102 b N 'Iw0' N 7*00°7n7 960"II'0 / 7 vt 41367# om '�' 101 ^^ 9374 8368 SF o o a 100 o m 1020 a 6630 SF-c 99 BO z am - - 7w D 60 109 28t 1010 2 6787 SF m 7902 SF b / F 19 72'3' - - 63 QO 1000 y 0990 0 / 'mo o N 62-11-98 r.... 55 ' 90 06 0 30 — — _ _S_E 259TH PL m s3 35 s�� /'b� 60.2 8g — '--N BB-56-31 W _—_ —_ 359 72 -__—_—o_"— 09 T so I�50 79 N300 mi 8 R=25 o N r • � 60 132 85 �' \ �_ / 36 347197 SF 9y 20061225001572 26IIW 170104 N 079D J of 2 9 rcyaL�,i' I 9229 IM Dl-uz E zbq 19020 33RD AVENUE WEST, STE. 360, LYNNWOOD, WA 98036, PHONE (425) 776-1970 FAX (425) 776-5710 King County Department of Assessments. eReal Property HOME NEWS SERVICES DIRECTORY CONTACT King County Department of Asses �HC} '(�'�{ - Fair,Equitable,and Understandable Property Valuations j j,IL,iT III II You're in Assessments»Online Services»eReal Property r SH,RE New Search Property Tax 6dt i' Map This Property Glossary of Terms r Area Report Print Property Detail , ------ --------- ------ --- Reference Links: PARCEL DATA . King Casnty Tax Ltn is Parcel 1 2622 0 5-91 04 I Junsdlcton KENT . Property Tax Advisor Name OF € Levy Code ;1525 — — o Washington State Sne Andress 125906 116TH AVE BE 9B030 Property Type I R o -- --- - - - - - ------- ---- -- --- -- - - - --- ---- - Department of Residential Area 1061-006(SW Appraisal District) ! Plat Block/Budding Number __ Revenue(External Property Name I Plat Lot/Unit Number I link) Quarter-Section-Township-Range- iN.�-^_R-22-5 Washrnq on Stata Board of Tax Appeals - -- — - - r - - - - (External link) Legal Description _ S 264 00 FT OF N 528 FT OF S HALF W HALF W HALF NW QTR NW QTR STIR 28-2 03 EXC W 3D FT . oard_of CONVEYED TO KING CO BY DEED UNDER RECORDING NO 4768113,AND EXC PO ION THEREOF DAF Appeals/EcluallzatQ COMMENCING AT NW CORNER SAID SECTION 2B TH SO-56-50W ALONG W LINE OF NW QTR THEREOF 924 22 FT TO N LINE OF S 264 DO FT OF N 528 00 FT OF S HALF W HALF W HALF NW QTR NW QTR STIR . Districts-Report 28-22-05 TH S88-56-37E ALONG SAID N LINE 30 00 FT TO E LINE OF W 30 DO FT OF SAID SUBDIV&TPOB TH CONTINUING N88-56-37E ALONG SAID N LINE 16 00 FT TH SOO-56-50W ALONG LINE PARALLEL TO . Map SAID E LINE 140 00 FT TH S66-19-27E 26 OD FT TH S88-56-37E 83 OD FT TH N42-1)6-41 E 14 95 FT TH N01-03-I 23E 16 90 FT TH S88-56-37E 167 08 FT TO E LINE OF S 264 00 FT OF N 528 DO FT OF SAID S HALF W HALF o Recorder's Office W HALF NW QTR NW QTR TH SOD-57-45W ALONG SAID E LINE 142 00 FT TO S LINE OF SAID S 264 00 FT j TH N88-56-37W ALONG SAID S LINE 300 09 FT TO E LINE OF W 30 00 FT OF SAID S 264 00 FT TH N00-55- I Scanned Images cA 50E ALONG SAID E LINE 264 00 FT TO TPOB surveys and other - - - - - - -- -- -- --- ----- ---- --- ---- -- - ----------- ' ma-documents - — ------- - ------- ------- --- ---- LAND DATA Highest&Besl Use As If Vacant SINGLE FAMILY 1 Percentage Unusable 10 Highest s Best Use As Improved PRESENT USE ; Unbmldable I NO Present Use Single Family(Res Us; one) Restnctive Size Shape - ND - Base Land Value SgFt 0 I Zoning I SR-6 Base Land Value 234 000 Water 3 WATER DISTRICT %Base Larw'Value Impacted 103 SeweRseptc i PUBLIC Base Land Valued Date 8/302011 Road Access PUBLIC Base Land Value Tax Year 2012 Parking Land SgFI_ - _ '41367 _ ( Street Surface _ — — 1PAVED Acres �0 95 Views i Waterfront Rainer ' Waterfront Location _ ^ Territorial I Waterfront Footage Olympics Lot Depth Factor Cascades s Waterfront Bank Seattle Skyline Tide/Shore- Puget Sound I waterfront Restncted Access 4 Lake Washington ( Waterfront Access Rights IND Lake Sammamish Poor Quality Lake/River/Creek I Proximity Influence :NO Other View S Designations Nuisances Topography !No Historic Site 3 Traffic NorseIMODERATE Current Use _.___ _ _ .__.. _�J__ ....._..—.__—._-_. { Airport_ _No'se- Nor 3 _ I- Bldg SitesI { Power Lines NO ' Adjacent to Golf Faaway NO I Other Nuisances i NO _ Adjacent to Greenbelt NO - - --- - - - - - -- -- jProblems Other Designation NO I Deed Restrictions ,NO Water Problems ENO Development Rights Purchased :NO I Transportation Concumency I NO _ _ _ _____ .—_. _ __ f_______ i Easements INO Other Problems INO Native Growth Protection Easement ;t NO 3 - _ - ,- � _ --- _ --_ 'Environmental v_ `ittp:Ninfo.kmgcounty gov/Assessor/eRealProperty/Detail aspx?ParcelNbr--2822059104 5/25/2012 King County Department of Assessments: eReal Property - 3 IONR Lease NO I 1 Envimnmenlal NO i i i BUILDING h Building Number 1 Year Butt 1949 Click the camera to see more pictures _ Yea,Renovated ,0_ ;Picture of Building 1 ' Stones - + E _iwng Units _ ,1 Grade - - - - - - 7Average-__--__ > Grade Variant 0 Condition Fair Basement Grade 1st Floor - ---- 2120 Ip' i IE i 172 Floor-' '-" - 220 - - - --- '- 3 2nd Floor Upper Floor_ ' Finished Basement 0 { Total Laving - - - - 2,340 Total Basement 0 s_,a st�o Basement Garage 0 - � Unfinished 1l2 .0 Unfinished Full 0 .� _ x.•_.:.'"`�." "r" � a g f L z Attached Garage '500 • Bedrooms ;4 E Fun Baths .z j Floor Ian of Bulldln 1 1314 Baths '0 _ _ ___-_ _I•� w - - 12 Baths � �� - � �0 Heat Source - _ _ 'Electncly/Solar Heat System Elec Be i -- Deck Area SgFt ,200 _ i Open Parch SgFt '110 E Enclosed Porch SgFt 0 - i BncklStone _0 Fireplace Single Story it Fireplace Mmlti Story 0 -r ' E S Fireplace Free Standing 0 Fireplace Additional 0 1 i AddnlCost l0 Obsolescence .0 ` Net Contlidon :0 ! 1 Percentage Complete ;0 Daylight Basement -- - - - -- - - - -- - --- View Utilization i t Accessory Of Building Number* 1 Accessory Type 'Picture Description SgFt Grade iRJr Year l% Value Date Valuetl PRKDETGAR - _ -�1500 7 Average- '_-{1972 - - - - TAX ROLL HISTORY Account Valued Tax 'Omit lLevy ,Appraised Appraised Appraised Now 'Taxable 1Taxable I Taxable :Taxr Year Year !Year Code 'Land Value Imps Value Total Value i0ollam Land ilmps 'Total Value Value (Value iValue Reason 282205910403 2011 ,2012 1525 1$220,000 $58,000 $278,000 1$0 $0 !90 y$0 EX 28220591D403 2010 2011 1525 '$124,400 $67 DOD $191400 �SO _SO DSO t$0 ;EX _ 282205910403 2009 2010 ' ,1520 $260,000 $84 000 $344 000 $0 iso lso �80 EX 282205910403 2008 ;2009 �1520 $260 D00 $191 000 $451,000 ItIs0 $0 ($0 ($0 EX .�___ 2822059104 IpD3 2007 2008 t 11520 $153 DOD $311,000 '5464,000 s0 iS0 �$0 $0 EX ' 282205910403 2006 '2007 7 11520 $136,000 $244,000 $380 D00 i$o 1$0 �$0 $0 EX 282205910403 2005 2006 i �1520 i$128,000 $226 000 $356,000 $0 $128,000 1$226,000 F$356 000 r- 28220591D403 2004 2005 i 11520 ,$120 000 $177,000 $297 000 $0 ^$1ID 000 18177,000 15297000 r 262205910403 2003 2004 i_ 1520 i$120,000 f$166 ODD '$286,000 $D ___i$120,000 i$186 ODD S286,000 j 1 282205910403 2002 20031 i1520 '$112,000 $1620D0 +$274,000 $O '$112,000 °5162,000 $274,000 262205910403 2001 2002_; 11520 t$1D7000 $152,000 $259,000 so $107DOD $152000 $259,000 282205910403.2000 20D1 11520 i$102 000 i$130,000 i$232,000 1$0 $102,000 1$130,000 l$232,000 http://info.kingeounty.gov/Assessor/cRealPropeTty/Detail.aspx?Parce]Nbr=2822059104 5/25/2012 King County Department of Assessments eReal Property �282205910403 1999 2000 1520 1$96,000 $113,D00 i$211,000 ISO i$98,000 1$113,000 1$211,000 1 282205910403 1998 1999 , 11520 $98,00D $104,00D $202 000 !SO S96 000 IS104,000 $202 000 28220591D4D3 1997 1996 ,1520S0 SO SO I$O 891,OOD ;$124,000 >$215,000 282205910403 1996 1997 '1520 i50 $0 $0 t$0 $86,200 i5116,900 ,$203 1OD .-7-- 282205910403 1994 1995 i5040 1$0 $0 $0 $0 $66 200 $116,900 ,$203 100 282205910403 1992 1993 ' '5D40 ;g0 $D $D t$0 $120600 $82,500 '$203100 262205910403-1990 1991 5040 ,$0_ $0 ,$0 $0 $88 7DO $82,500 $171,200 ; 282205910403 1988 1989 - 5040 «$0 $0 $0 jso $62 400 !$69,800 v$132,200 282205910403 1986 1987 5040 ,$0 $0 $D ISO $43,200 ($68,300 I$111,500 28220591D403 1984 1985 ,5040 $0 $0 $0 $0 $35,000 $73,500 ,$108,500 i 282205910403 1962— 1983 '5D40 40 - $0 SO I$0 v$35,000 ;$73,500 1$108,500 SALES HISTORY Excise Recording Document _ 'Sale Seller Name Buyer Name 'Instrument Sale L Number Number Date Price Reason + __ - --. ____ __ _. _ ___—._ ._ _ __---__ -4______ _ F n §11000137 5152011 ,$0 00 KENT CITY OF KENT CITY Quit Claim Deed Other OF 22525 I 1290='1301,p� i 11202006 I S0 00 'MYERS DUDLEY K+LAURA KENT CITY Statutory Warranty Other W OF Deed REVIEW HISTORY PERMIT HISTORY Permit ,Permit Description Type Issue Date Permit ;Permit IIssuing Reviewed Number t i Value Statue ,Jurisdiction Date 1-JEh1 DEMOLISH AND REMOVE HOUSE,SHED AND Demolition 4/122012 $0 KENT ' 21^IC72 METAL BAR NB - D 10QM007 ne C�EFA- Demolish ara e 1 Demolition +$0 Screened KENT Wits 2074513 I HOME IMPROVEMENT EXEMPTION New Search Property Tax BdE I operty Glossary of Tenns r Are a Report Print Property Detail 1t1 Upeated Sept 7,2011 (,wick answer; I Property assessr�efjs Taxpayer asgistgnce nine serve s Reports,data I Forms I News roor tact ms Tbout ug $ttE i Home I PrivacyI Accessibility I Terms of use _Sear oh Links to external sites do not constitute endorsements by King County By visiting this and other King County web pages,you expressly agree to be Dound by terms and conditions of the site 02012 King County v 1 http•//info.kingcounty.gov/Assessor/cRealProperty/Detail aspx?PareelNbr=2822059104 5/25/2012 � � 11 EXHIBEr- A MIDI �d it NJ_ rD 1W 1Ir SEA, 25 TR jST �i 7r 72r to Y 4��.� b y ka 7 '4 7ime73� #a K N� a_y } a rt 40 Zito xya a s s i 9304y! x .,a� i� 4IMk1�i 6 f o a'•� irA-M:-1 i4 �8'- _'w 11Si $�r/ 1� ��t '�' :. �� ,,p� V f! T [1 ry 'ra� y/ypy IV'V JAL 'eIt ���'✓• / tL x ec �ifi �g�md6�ads x �T �Riar.re p�Q-sS-1 rr 7#Ca t #4[ "J"' ` r.+oLQ '` P fFT0. try i „ �+ •7 t'ia_wra k i t al7.7 _ S F- 2 Q,taa } 6r Y f 3:s_rr �� }'� �� !�� VA - q�+�U �� y A:IF•J ais9x s- r� yt� F 5 79 r cae;aiaMeIa ,oedt6 r S Eby pay¢ t *` ty. 73 V Exhibit A Surplus Property Tax Lot#2822059104 Title Report #587475 That portion of the south 264 00 feet of the north 528 00 feet of the south half of the west half of the west half of the northwest quarter of the northwest quarter of Section 28, Township 22 North, Range 5 East, W M , in King County, Washington, described as follows. Commencing at the northwest corner of said Section 28, thence S00°56'50"W, along the west line of the northwest quarter of said Section 28, a distance of 924 22 feet to the north line of the south 264 00 feet of the north 528 00 feet of the south half of the west half of the west half of the northwest quarter of the northwest quarter of said Section 28, thence S88056'37"E, along said north line, 46 00 feet to the east line of the west 46.00 feet of said subdivision and the TRUE POINT OF BEGINNING, thence S00056'50"W, along said east line, 140 00 feet, thence S66°19'27"E 26 00 feet, thence S88°56'37"E 83 00 feet, thence N43006'41"E 14.95 feet, thence N01 003'23"E 16 90 feet, thence S88056'37"E 167 08 feet to the east line of the south 264 00 feet of the north 528 00 feet of the south half of the west half of the west half of the northwest quarter of the northwest quarter of said Section 28, thence N00°57'45"E, along said east line, 122 00 feet to the north line of said south 264 00 feet, thence N88°56'37"W, along said north line, 284 16 feet to the east line of the west 46.00 feet of said south 264 00 feet and the TRUE POINT OF BEGINNING F l 41fw°i co �y a s���A L LAtO 5� � � 11 ' EXHIB ' mti 97�"ai 779x81 „� } ' 4i , '.,rG� 14> q 4i Li �R tr te5'�4: f'p". � �F �`,��15�• � t� �� �` � ;!T.9 ss r, 21,4- a F, y U.. y SE'I TH IST .g i y�pY mod -2k* o' Y y25ILI ;. gg 31 ale a r+1r'n:•w a r.9+�•z+w M1 k �'� F g A tZ F w 84 f 1 i 4 yd3} Nf.12,0440 1 t YA Cxs-ea-„r i AY' 4 H Fp a ?P, 1, a Fyn rr f i7 4 x 3,x y� ^ m ✓ `� /VJ f fi 9z t'�"rJ9ar-1iN� 4` a 97 ,* s fi i, 'o A r, 11-41 OL 1w 9104T t T Btu }Z is Bfti �Q n - 73�►{P V� 81 1 d € L \ f #fir 6tN14 �z�a„ 83 ��a 1©�} ryae � arAa a *!9 0 4 60 Pff- �f�s ��p ��IR i xa V�t14 i f �#� +q�y 11 9fl.T.X • e'-_'�=rSy, tcA,l i rwii } ,a� ex� F-r4Q Sao 7a d, 8 EXHIBIT SELLER'S DISCLOSURE STATEMENT INSTRUCTIONS TO THE SELLER Please complete the following form. Do not leave any spaces blank. If the question clearly does not apply to the property write "NA." If the answer is "yes" to any * items, please explain on attached sheets. Please refer to the line number(s) of the question(s) when you provide your explanation(s). For your protection you must date and sign each page of this disclosure statement and each attachment. Delivery of the disclosure statement must occur not later than five business days, unless otherwise agreed, after mutual acceptance of a written contract to purchase between a buyer and a seller. NOTICE TO THE BUYER THE FOLLOWING DISCLOSURES ARE MADE /B SELLER ABOUT THE CONDITION OF THE PROPERTY LOCATED AT 1�j 6 l^ (/b 1`- ! 0P_ S F , KENT, WASHINGTON, ("THE PROPERTY"), OR AS LEGALLY DESCRIBED ON ATTACHED EXHIBIT A. SELLER MAKES THE FOLLOWING DISCLOSURES OF EXISTING MATERIAL FACTS OR MATERIAL DEFECTS TO BUYER BASED ON SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME SELLER COMPLETES THIS DISCLOSURE STATEMENT UNLESS YOU AND SELLER OTHERWISE AGREE IN WRITING, YOU HAVE FIVE BUSINESS DAYS FROM THE DAY SELLER OR SELLER'S AGENT DELIVERS THIS DISCLOSURE STATEMENT TO YOU TO RESCIND THE AGREEMENT BY DELIVERING A SEPARATELY SIGNED WRITTEN STATEMENT OF RESCISSION TO SELLER OR SELLER'S AGENT. IF THE SELLER DOES NOT GIVE YOU A COMPLETED DISCLOSURE STATEMENT, THEN YOU MAY WAIVE THE RIGHT TO RESCIND PRIOR TO OR AFTER THE TIME YOU ENTER INTO A SALE AGREEMENT. THE FOLLOWING ARE DISCLOSURES MADE BY SELLER AND ARE NOT THE REPRESENTATIONS OF ANY REAL ESTATE LICENSEE OR OTHER PARTY. THIS INFORMATION IS FOR DISCLOSURE ONLY AND IS NOT INTENDED TO BE A PART OF ANY WRITTEN AGREEMENT BETWEEN BUYER AND SELLER. FOR A MORE COMPREHENSIVE EXAMINATION OF THE SPECIFIC CONDITION OF THIS PROPERTY YOU ARE ADVISED TO OBTAIN AND PAY FOR THE SERVICES OF QUALIFIED EXPERTS TO INSPECT THE PROPERTY, WHICH MAY INCLUDE, WITHOUT LIMITATION, ARCHITECTS, ENGINEERS, LAND SURVEYORS, PLUMBERS, ELECTRICIANS, ROOFERS, BUILDING INSPECTORS, ON-SITE WASTEWATER TREATMENT INSPECTORS, OR STRUCTURAL PEST INSPECTORS. THE PROSPECTIVE BUYER AND SELLER MAY WISH TO OBTAIN PROFESSIONAL ADVICE OR INSPECTIONS OF THE PROPERTY OR TO PROVIDE APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN THEM WITH RESPECT TO ANY ADVICE, INSPECTION, DEFECTS OR WARRANTIES. Seller_ is/ �s not occupying the property. DATE: Az- SELLER: ' SELLER: Seller's Disclosure Statement - Page Unimproved I. SELLER'S DISCLOSURES: *If you answer "Yes" to a question with an asterisk (*), please explain your answer and attach documents, if available and not otherwise publicly recorded. If necessary, use an attached sheet. 1. TITLE a J/Kyes [ J No [ ] Don't know A. Do you have legal authority to sell the property? If no, please explain. j ] Yes J,,rNo [ ] Don't know *B. Is title to the property subject to any of the following? (1) First right of refusal (2) Option (3) Lease or rental agreement /No (4) Life estate? Yes [ ] Don't know *C. Are there any encroachments, boundary agreements, or boundary disputes? [ ] Yes Jf"No [ ] Don't know *D. Is there a private road or easement agreement for access to the property? [ ] Yes �,KNo [ ] Don't know *E. Are there any rights-of-way, easements, or access limitations that may affect the Buyer's use of the property? [ ] Yes 1,TNo [ ] Don't know *F. Are there any written agreements for joint maintenance of an easement or right-of-way? J,IrYes [ ] No [ ] Don't know *G. Is there any study, survey project, or notice that would adversely affect the property? i/zflan Yztpo, J- [ ] Yes .[ ] No [ ] Don't know *H. Are there any pending or existing assessments against the property? [ ] Yes No [ ] Don't know *I. Are there any zoning violations, nonconforming uses, or any unusual restrictions on the property that would affect future construction or remodeling? [ ] Yes [,"o [ ] Don't know *j. Is there a boundary survey for the property? [ ] Yes �No [ ] Don't know *K. Are there any covenants, conditions, or restrictions which affect the property? DATE: 4 L /L SELLER: !P7- N9 SELLER:c-51-1 Seller's Disclos re Statemen - ge of 9 Unimproved 2. WATER A. Household Water J,3-'Yes [ ] No [ ] Don't know (1) Does the property have potable water supply? (2) If yes, the source of the water for the property is: [4] rivate or publicly owned water system [ ] Private well serving only the property *[ ] Other water system [ ] Yes [ ] No [ ] Don't know * If shared, are there any written agreements? [ ] Yes [ ] No [ ] Don't know *(3) Is there an easement (recorded or unrecorded) for access to and/or maintenance of the water source? [ ] Yes L4"No [ ] Don't know *(4) Are there any known problems or repairs needed? [ ] Yes E,,KNo [ ] Don't know (5) Is there a connection or hook-up charge payable before the property can be connected to the water main? [ ] Yes {-j"No [ ] Don't know (6) Have you obtained a certificate of water availability from the water purveyor serving the property? (If yes, please attach a copy.) [ ] Yes [XNo [ ] Don't know (7) Is there a water right permit, certificate, or claim associated with household water supply for the property? (If yes, please attach a copy.) [ ] Yes [ ] No [ ] Don't know (a) If yes, has the water right, permit, certificate, or claim been assigned, transferred, or changed? [ ] Yes [ ] No [ ] Don't know *(b) If yes, has all or any portion of the water right not been used for five or more successive years? (If yes, please explain.)_ [ ] Yes No [ ] Don't know (c) If no or don't know, is the water withdrawn from the water source less than 5,000 gallons a day? [ ] Yes L,?"No [ ] Don't know *(8) Are there any defects in the operation of the water system (e.g., pipes, tank, pump, etc)? DATE: T-! i SELLER: ✓Yl SELLER: Seller's sclos re Statement - Page 3 of 9 Unimproved t B. Irrigation Water [ ] Yes [ ] No &—Don't know (1) Are there any irrigation water rights for the property, such as a water permit, certificate, or claim? (If yes, please attach a copy.) [ ] Yes [ ] No [ ] Don't know (a) If yes, has all or any portion of the water right not been used for five or more successive years? ( ] Yes [ ] No [ ] Don't know (b) If yes, has the water right permit, certificate, or claim been assigned, transferred, or changed? [ ] Yes fl] No [ ] Don't know (2) Does the property receive irrigation water from a ditch company, irrigation district, or other entity? If so, please identify the entity that supplies irrigation water to the property: C. Outdoor Sprinkler System [ ] Yes b�No [ ] Don't know (1) Is there an outdoor sprinkler system for the property? [ ] Yes [ ] No [ ] Don't know *(2) If yes, are there any defects in the system? [ ] Yes [ ] No [ ] Don't know *(3) If yes, is the sprinkler system connected to irrigation water? 3. SEWER/SEPTIC SYSTEM A. The property is served by: &]'Public sewer system [ ] On-site sewage system (including pipes, tanks, drainfields, and all other component parts) [ ] Other disposal system, please describe: ;4-Yes [ ] No [ ] Don't know B. Is the property subject to any sewage I le A A00kzaw ;,�. system fees or charges in addition to those covered in your regularly billed sewer or on-site sewage system maintenance service? DATE: U Z s— SELLER: /yl. M . SELLER: Seller's Disclosuffe Statement - Page 4 of 9 Unimproved C. If the property is connected to an on-site sewage system: [ ] Yes [ ] No [ ] Don't know *(1) Was a permit issued for its construction? [ ] Yes [ ] No [ ] Don't know *(2) Was it approved by the local health department or district following its construction? [ ] Yes [ ] No [ ] Don't know (3) Is the septic system a pressurized system? [ ] Yes [ ] No [ ] Don't know (4) Is the septic system a gravity system? [ ] Yes [ ] No [ ] Don't know *(5) Have there been any changes or repairs to the on-site sewage system? [ ] Yes [ ] No [ ] Don't know (6) Is the on-site sewage system, including the drainfield, located entirely within the boundaries of the property? If no, please explain: [ ] Yes [ ] No [ ] Don't know *(7) Does the on-site sewage system require monitoring and maintenance services more frequently than once a year? If yes, please explain: 4. ELECTRICAL/GAS [ ] Yes [ ] No J/1r6on't know A. Is the property served by natural gas? [ ] Yes [ ] No Don't know B. Is there a connection charge for gas? [ Yes [ ] No [ ] Don't know C. Is the property served by electricity? [ ] Yes J,-No [ ] Don't know D. Is there a connection charge for electricity? [ ] Yes [ ] No [ ] Don't know *E. Are there any electrical problems on the property? If yes, please explain. 5. FLOODING [ ] Yes f/No [ ] Don't know A. Is the property located in a government designated flood zone or flood plain? DATE: SELLER: SELLER: O—7r2 Statement a Seller's Disclosur Statement - Page of 9 Unimproved 6. SOIL STABILITY [ ] Yes /No [ ] Don't know *A. Are there any settlement, earth movement, slides, or similar soil problems on the property? If yes, please explain: 7. ENVIRONMENTAL VIYes [ ] No [ ] Don't know *A. Have there been any flooding, standing water or drainage problems on the property that affect the property or access to the property? [ ] Yes LJ'No [ ] Don't know *B. Does any part of the property contain fill dirt, waste or other fill material? [ ] Yes LrNo [ ] Don't know *C. Is there any material damage to the property from fire, wind, floods, beach movements, earthquake, expansive soils, or landslides? Ylryes [ ] No [ ] Don't know D. Are there any shorelines, wetlands, floodplains, or critical areas on the property? [ ] Yes [ ] No V11Y6on't know *E. Are there any substances, materials, or products on the property that may be environmental concerns, such as asbestos, formaldehyde, radon gas, lead-based paint, fuel or chemical storage tanks, or contaminated soil or water? [ J Yes XNo [ ] Don't know *F. Has the property been used for commercial or industrial purposes? [ ] Yes [ ] No Don't know *G. Is there any soil or groundwater contamination? [ ] Yes fj7 No [ ] Don't know *H. Are there transmission poles or other electrical utility equipment installed, maintained, or buried on the property that do not provide utility service to the structures on the property? [ ] Yes [�No [ ] Don't know *I. Has the property been used as a legal or illegal dumping site? [ ] Yes J-TNo [ ] Don't know *]. Has the property been used as an illegal drug manufacturing site? [ ] Yes [ ] No Don't know *K. Are there any radio towers in the area that may cause interference with telephone DATE: L Z ✓ SELLER: A7 r✓! SELLER: D ��p"Z // Seller's Di closu e Statem Unimproved reception? S. HOMEOWNERS' ASSOCIATION/COMMON INTERESTS [ ] Yes JZNo [ ] Don't know A. Is there a homeowners' association? Name of association and contact information for an officer, director, employee, or other authorized agent, if any, who may provide the association's financial statements, minutes, bylaws, fining policy, and other information that is not publicly available: [ ] Yes [ ] No [ ] Don't know B. Are there regular periodic assessments: $ per [ ] Month [ ] Year [ ] Other [ ] Yes [ ] No [ ] Don't know *C. Are there any pending special assessments? [ ] Yes No [ ] Don't know D. Are there any shared `common areas" or any joint maintenance agreements (facilities such as walls, fences, landscaping, pools, tennis courts, walkways, or other areas co-owned in undivided interest with others)? 9. OTHER FACTS [ ] Yes ,j,-]"No [ ] Don't know *A. Are there any disagreements, disputes, encroachments, or legal actions concerning the property? If yes, please explain: [ ] Yes [ ] No f,]'bon't know *B. Does the property have any plants or wildlife that are designated as species of concern, or listed as threatened or endangered by the government? [ ] Yes /No [ ] Don't know *C. Is the property classified or designated as forest land or open space? If so, specify: [ ] Yes L/�No [ ] Don't know D. Do you have a forest management plan? If yes, attach [ ] Yes ,j,,�No [ ] Don't know *E. Have any development-related permit applications been submitted to any government agencies? If so, specify: DATE: SELLER: Ij'/_,r SELLER•. Seller's isclo ure Statement - Page Unimproved If the answer to E is "yes," what is the status or outcome of those applications? 10. FULL DISCLOSURE BY SELLERS A. Other conditions or defects: [ ] Yes JLJ,�Rlo [ ] Don't know *Are there any other existing material defects affecting the property that a prospective buyer should know about? B. Verification: The foregoing answers and attached explanations (if any) are complete and correct to the best of my/our knowledge and I/we have received a copy hereof. I/we authorize all of my/our real estate licensees, if any, to deliver a copy of this disclosure statement to other real estate licensees and all prospective buyers of the property. DATE: G Li /Z SELLER: In-f'n SELLER: �a��oia Seller's Dis losur Statement - Page o Unimproved NOTICE TO THE BUYER INFORMATION REGARDING REGISTERED SEX OFFENDERS MAY BE OBTAINED FROM LOCAL LAW ENFORCEMENT AGENCIES. THIS NOTICE IS INTENDED ONLY TO INFORM YOU OF WHERE TO OBTAIN THIS INFORMATION AND IS NOT AN INDICATION OF THE PRESENCE OF REGISTERED SEX OFFENDERS. II. BUYER'S ACKNOWLEDGMENT A. Buyer hereby acknowledges that: Buyer has a duty to pay diligent attention to any material defects that are known to Buyer or can be known to Buyer by utilizing diligent attention and observation. B. The disclosures set forth in this statement and in any amendments to this statement are made only by the Seller and not by any real estate licensee or other party. C. Buyer acknowledges that, pursuant to RCW 64.06.050(2), real estate licensees are not liable for inaccurate information provided by Seller, except to the extent that real estate licensees know of such inaccurate information. D. This information is for disclosure only and is not intended to be a part of the written agreement between the Buyer and Seller. E. Buyer (which term includes all persons signing the "Buyer's acceptance" portion of this disclosure statement below) has received a copy of this Disclosure Statement (including attachments, if any) bearing Seller's signature. DISCLOSURES CONTAINED IN THIS DISCLOSURE STATEMENT ARE PROVIDED BY SELLER BASED ON SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME SELLER COMPLETES THIS DISCLOSURE STATEMENT. UNLESS BUYER AND SELLER OTHERWISE AGREE IN WRITING, BUYER SHALL HAVE THREE BUSINESS DAYS FROM THE DAY SELLER OR SELLER'S AGENT DELIVERS THIS DISCLOSURE STATEMENT TO RESCIND THE AGREEMENT BY DELIVERING A SEPARATELY SIGNED WRITTEN STATEMENT OF RESCISSION TO SELLER OR SELLER'S AGENT. YOU MAY WAIVE THE RIGHT TO RESCIND PRIOR TO OR AFTER THE TIME YOU ENTER INTO A SALE AGREEMENT. BUYER HEREBY ACKNOWLEDGES RECEIPT OF A COPY OF THIS DISCLOSURE STATEMENT AND ACKNOWLEDGES THAT THE DISCLOSURES MADE HEREIN ARE THOSE OF THE SELLER ONLY, AND NOT OF ANY REAL ESTATE LICENSEE OR OTHER PARTY. DATE: BUYER BUYER BUYER'S WAIVER OF RIGHT TO RECEIVE COMPLETED SELLER DISCLOSURE STATEMENT Buyer has been advised of Buyer's right to receive a completed Seller Disclosure Statement. Buyer waives that right. However, if the answer to any of the questions in the section entitled "Environmental" would be "yes," Buyer may not waive the receipt of the "Environmental" section of the Seller Disclosure Statement. DATE: BUYER BUYER DATE: LI 2 SELLER: A4-M SELLER: Seller's Disclosure Statement - Page 9 of 9 Unimproved Se 65 02 1184g5 3 n $$ OQ 0 00 n TS y o h� 3 ZI-L B-Ot Ai 9 H9i o sL s0 lb-LS-00 N_—_ v � �� 5 � $o� o P o L t ✓.� TS ,� M�W�3 co y�_60 K 3 9Z-3E_60 ooN ati 3 6S.aqq W g$ n O m 9t SOI 3HZ �,` m�In I�n Om m o p N of r ON M 6 N m W P v p p 0 w O `✓ AlI $ � vj OD � .➢ m m .ti N �E H Ob-ZS-00 Nqn 1O ro it s 2 biT ZZ b9 2 b9 LOT z b 00 Z➢T Ms➢-Ls-005 90 s n C) m M c ON 3 m m r r� m I I m � � o N 8,c o m � m \n o I m z� N N /Ld ^ � Z V• r N � o m Q N 6l, 9 99 00 ODi M05-95-00S N 6 00 00 D9Z SOS-9s-OOM 90 SE o SOb Hb9£ /H69E mr Tib/H 49£ , ^j 35-9-Z R' Z53 's-S-ZZ-BZ ON 02i OD) S-EEE000I l" ^ TEE, is P� L �� 6s 9L a s-ss. ni' ^1 blP REQUEST FOR MAYOR'S SIGNATURE K E N T Please Fill in All Applicable Boxes Routing Information (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT) Originator: Ingrid Willms-Dixon Phone (Originator): 856-5519 Date Sent. June 22, 2012 Date Required. June 27, 2012 Return Signed Document to: Ingrid CONTRACT TERMINATION DATE: VENDOR NAME: Malik, Paras DATE OF COUNCIL APPROVAL: 2-1-2011 Brief Explanation of Document: We have a buyer for the surplus property, known as Meyers, 116th ave SE. The buyers have initialed all pages and signed and dated the last page, however the incorrect parcel number was typed on first page, due to King Co. assessor map error(see map attached). The buyer is aware and can not get in to re-initial the first page and wants the earnest money deposited a.s.a.p.. Please find exhibits A and B attached, however exhibit C (title report)is not yet available as we needed the buyer to agree to company, prior to ordering. The first page of the agreement and exhibit C will be delivered to the clerk, after buyer initials. All Contracts Must Be Routed Through The Law Department This argato ompfeted by the Law Department) � U Received Approval of Law Dept.: L ,/ Law Dept. Comments: ENT DEPT. Date Forwarded to Mayor: IF I Shaded Areas To Be Completed By Administration ` I 11 , Received: RECEiV`EP Recommendations and Comments: Disposition: rf/j�L�Z of Kent Office of the Mayor Date Returned: c �r`C�