HomeMy WebLinkAboutPW16-359 - Supplement - Christopher & Katheryn Worden - Statutory Warranty Deed - 10/11/2016 age I
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'rhis is to be completed by the Contract Manager prior to submission
to City Cletus Office.All partlans are to be completed.
Sff you have syuostlii ns,please contact City Clerk's o ica.
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Vendor Number, W Zvn
JD Edwards(N}uym�ber
contract Number:
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Project Name; KOOLL07 Pal cYs—"C
Descriptloro U Interlocal Agreement ❑Change Order El Amendment ❑Contract
1�1 Other: 5 Wmn IEE5-D
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Contract Effective Data: � �\ ZU 4armination Date:,_v1 p,
Conti-act Renewal Notice(flays).
Number of days required notice for termination or renewal or amendment
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C®nteackAnncurrt: qW'td70 .ag J
Appraval Authority; ❑Department Director 'WMayor OClty Council
Detail; (i.e.address,location,parcel number,tax id,etc.):
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i
WHEN RECORDED RETURN TO:
City of Kent
220 Fourth Avenue South
Kent, Washington 95032
ATTN: Property Services
Grantor: City of Kent a Washington municipal corporation
Grantee:--- Christopher Worden and Kathryn Warden a married couple
Abbreviated Legal Description:_ Lot 1 Exerppt Segregation No. EMSC 15-0014,
recorded under recording number 20150831900002 NW '/a of SW '/a Sec 25, Twn
22N, Rng. 6E, W.M.
Additional Legal Description on: Pages 5 and 6 „-
Assessor's'Fax parcel%D No.: 252206-9107-02
STATUTORY WARRANTY DEED
The City of Kent, a Washington municipal corporation, ("Grantor"), for and in
consideration of mutual benefits derived and/or other valuable consideration receipt
of which is hereby acknowledged by Grantor, conveys and warrants to jChristopher
Worden and Kathryn Worden, a married couple ("Grantee"), the following described
real property situated In King County, State of Washington:
SEE EXHI6ITS "A" AND"6"ATTACHED, hereinafter referred to as the"Property."
STATUTORY WARRANTY DEED - Page 1 of S ,.
Reserving, however, to Grantor, its successors and assigns, a perpetual Wellhead
Monitoring Easement, for the drilling, installation, operation, maintenance,
extension, construction, alteration, reconstruction and repair of one or more
wellheads for the purpose of monitoring the existing and future
groundwater, over, under, through, across and upon the following described
property attached hereto as EXHIBIT"B". Under no circumstances shall Grantee
cause any permanent structures be placed or erected within this easement
area nor shall Grantee use any portion of the easement area for vehicular
parking.
This Wellhead Monitoring Easement shall be a covenant running with the land and
shall be binding on Grantee and all future owners of the real property subject to
this Easement.
Further reserving to the Grantor the right to enforce the following conditions, which
shall run with the land and be binding on all present and future owners of the
Property in perpetuity:
1. No dumping of any solid or semi-solid material on any portion of the
Property, Including but not limited to: trash, litter, fertilizer or other debris.
2. No dumping or storage of any hazardous or potentially-hazardous liquids on
any portion of the Property, Including but not limited to: fertilizer, pesticides,
herbicides, paint, paint thinners, automotive fluids, petroleum products, ash or any
other hazardous chemicals, other than storage of small quantities reasonably
associated with normal household use,
3. Use of fertilizers, for any reason, Is prohibited on the entire Property.
4. The use of pesticides shall only be used as absolutely necessary and shall
require written permission from the Grantor and be specific as to the exact type
and application note of a pesticide.
S. No home occupation that may have a detrimental effect on groundwater
quality shall be allowed without prior written approval from Grantor. All home
occupations shall be consistent with applicable regulations of all public agencies
with jurisdiction, including, but not limited to King County.
6. The Property shall not be used for any commercial purpose other than home
office.
7. No storage of chemicals or petroleum products shall be permitted outside of
structures.
STATUTORY WARRANTY DEED - Page 2 of 8
i..
8. No new buildings, foundations, structures, fill, or obstructions (including, but
not limited to outbuildings and overhangs) are allowed within 15 feet of the
Southernmost property line.
9. No farm animals or exotic animals shall be kept or housed on the Property,
including, but not limited to: cows; horses, mules, sheep, goats, pigs, chickens,
llamas, alpacas, and fowl.
10. The keeping of domestic animals, including dogs and cats, shall be limited to
no more than two of each in quantity. No kennels or animal breeding facilities shall
be allowed on the Property.
11. The drain field and septic system shall be kept in good working order.
Annual inspection of the septic system shall be completed by a certified septic
maintenance technician and the results thereof shall be submitted to Grantor no
later than the 1st day of September each year. Unless later amended by Grantor in
writing, all results and related reports shall be mailed to City of Kent, Water
Department, Attn: Water Superintendent, 220 4a Avenue South, Kent, Washington
98032.
12. The Grantor reserves the right to periodically visit and inspect the Property to
ensure compliance with these conditions. Such inspection shall be permitted only
after Grantor first notifies the owner in writing, by first-class mail sent to the
Property address at least seven calendar days in advance of the planned Inspection.
Dated this_day of 2016.
GRANTOR: III
CITY OF /
By• S z Cooke
It . Mayor
ACCEPTED BY GRANTEE:
Christopher Worden
Kathryn Worden
STATUTORY WARRANTY DEED- Page 3 of 8 I'
STATE OF WASHINGTON )
ss.
COUNTY OF KING )
I certify that I know or have satisfactory evidence that
is the person who appeared before me, and said person acknowledged
that (he/she) signed this instrument and acknowledged it to be (his/her) Free and
voluntary act for the uses and purposes mentioned in the instrument.
Dated:
-Notary Seal Must Appear Within This Box, ,
IN WITNESS WHEREOF, I have hereunto set my hand and official seal the
day and year first above written.
(Signature)
NOTARY PUBLIC, in and for the State
of Washington, residing at
My appointment expires
STATUTORY WARRANTY DEED- Page 4 of 8
STATE OF WASHINGTON )
ss.
COUNTY OF KING
I certify that I know or have satisfactory evidence that _
__ is the person who appeared before me, and said person acknowledged
that (he/she) signed this instrument and acknowledged it to be (his/her) free and
voluntary act for the uses and purposes mentloned in the instrument.
Dated:
-Notary Seal Must Appear w1thin This aox-
IN WITNESS WHEREOF, I have hereunto set my hand and official seal the
day and year first above written.
(Signature)
NOTARY PUBLIC, in and for the State
of Washington, residing at
My appointment expires
STATUTORY WARRANTY DEED - Page 5 of 8
STATE OF WASHINGTON ) ,
) ss.
COUNTY OF ICING )
I certify that I know or have satisfactory evidence that Suzette Cooke is the
person who appeared before me, and said person acknowledged that she signed this
instrument, on oath stated that she was authorized to execute the instrument and
acknowledged it as the Mayor of the City of[Cent to be the free and voluntary act of
such party for the uses and purposes mentioned In the instrument.
Dated:
-Notary Seal Most Appear Within This Box-
IN WITNESS WHEREOF, I have hereunto set my hand and official sea(
the day and year first above written.
(Signature)
NOTARY PUBLIC, In and for the State
of Washington, residing at
My appointment expires
APPROVED AS TO FORM:
Kent City Attorney - --
STATUTORY WARRANTY DEED- Page 6 of 8 ill
EXHMIT A
Lot 1,Exempt Segregation No.EMSC 15-0014,recorded under Recording NrunUer
20150831900002,Northwest''/,of Southwest'/,Section 25,Township 22 North,Range 6 East,
W.M,King County,Washington.
STATUTORY WARRANTY DEED- Page 7 of 8
I
EA'MBiT B
The West 50'of Lot 1,Exempt Segregation No.EMSC 15-0014,recorded under Recording Number
20150831900002,Northwest'/<of Southwest'/,Section 25,Township 22 North,Range 6 East,
W.M.,King Comity,Washington.
STATUTORY WARRANTY DEED - Page S of 8
I
American Land Title Association ALTA Settlement Statement-Seller
Adopted 05-01.2015
File No./Escrow No.: 702166RT Rainier Title,LLC-Kent :.
Officer/Escrow Officer:Julie Mills 20435 72nd Ave.S. 5
Bldg.3 _s" txn.eJti$°.I.°1kFr8C
165
Kent,to.WA 98032 100%LOc H ' .,and Opereted
Property Address: 26726 262ND AVENUE S.E.
RAVENSDALE,WA Sew (KING)
(262206-9107-02)
Seller. CITY OF KENT,
220 4th Ave S
Kent,WA 98032
Settlement Date: 10/14/2016
m
.O.^Oy ,.,chats_ . x.: v'S•Y �' K.`' , �`!` 'fir;;:" �:Y.,3:."w,',Sn:.n. `S' r. s:$�i."4I4: Qe:ha mT*`,�.,'>u" 'L1Gd�kt't<`3'x...
Oa oslts,chains.Debits
Sala -
SalaPrice orP e. 5416,000.00
Closi Cast Grantham Sella 53.900.00
Walerd Read Assod4un Dues 10FIZ2018 to 111112016 A$35.00AIonO $20,32
Commissions
Real Estate Commission to John I.Emit $12,760.00
Real Estate Commissfan toJchn L Scott $121760.00
Tltla Char e8 .
T!U.-Lmd.es TlUa insumaw lu Rainer Tllle LLC
TNe-Gvne&Tive h"`sncalo RalGerTlQe LLC $1,231.00
Tills-SeUlementordosi lea loRalnier ilUe.LLC-Kml g1012.B0
TNe-OwW$Premium Taxto Rafnla Te LLC $116.94
GgyerareentRecording and TmnarorChar es /'r"t
Exdse technology Fee to King Coen 55.00 $6.00
Exdse Technal Pee to lOn Court $5.00 $5.00
Additional settlement charges -
Walar$ftoadAssorla6anOuasThro hCctuber20161a BdtlIeT2lls Sculh WalaSleni $735.W ''..
Reimhuraemenl to se tic Puu,'n 8.iesU to Kenlea2er 1267.33
Reimbursement for Cmnlspace re air"sulauon to Kent Barber 53,285.00
Re Amusement for Clearing toKenl 9adrar $000.00
Reimbursement lorsWGu2llns eceon Fee loKsnl6arbar fG!10.00
ReimbursementfWAddlUonal Septic Ch es la Kmiaadler $2,395,00
Sublo(els 0,953.15 $425,D27.32
OUC TO Sellef $3134,067,17
Totals $4 .020.32 $428.020.32
Acknowledgement
Weil have carefully revlevied the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts
and disbursements made on my account or by me in this transaction and further certify that I have received a copy of the
ALTA Settlement Statement.Well authorize Rainier Title,LLC-Kent to cause the funds to be disbursed In
accordance with this statement.
ysure Cook Maya C` A
SETTLEMENT000R01NATOR
Jule male
File N 70215BRT
Page 1 Of 1 Printed an io/e12019 at 2:49 PM
Closing Disclosure
Closing Information Transaction information
Date Issued 1016=16 Sunuwer Chflutopher S.Warden Jr.sntl
Closing Dale 1 0/7 412 016 Kathryn A.Warden
1237 52nd St.NE
Disbursement Dale 1011412a16 Auburn,WA 98002
Settlement Agent Rainier Tire,LLC.Kant Seller City of Kant,
Fife# 702156RT 22041h AveS
Kent,WA 98032
Proilerty 26726262rAAvenuOS.E.
Ravenviall WA90051
(25220&9107-02)
Sale Paw $425,000
Closing Disclosure
Page to of 3
SELLER'S TRANSACTION
xdRUSeilpp�"at os�,,,g, sl ` 5 �� 2V Name Y, John L.Scow y
_ he- vhC4,....eg<�4'z..«a,: <u� ,r�6n
_.
nt 3ae P(ceofefA Property g425,o00.0.0 Address 20632108th Ave SE
_..............._._.____..__..
U25ale Pdceny PersgnrelPmpeny Includedin Sale__ Kent,WA 98031
—_
03 - �- -- WA License lD 2162
Contact Simon Cruz
..._.._._.._.____.______._._...... ._ COn18C[WA Llcense l0
U6 122281
nt __ �� Email simon®jonbye.cgm
1a _ Phone (253)352 9200
Rtlluslmenls for llama Paid by Seller In Advance
ea cltyrrgvn Taxes l0/14R01e to tn/2017 _
:O CountyTaxea t0I1412018 to V1/201] Name John L Scott
1:Assessments 10774/20/6101/1/2017 _ __, Address Ke 1081h Avenue SE
f2 WelerBRoad Asseglasan Dues lO(14/201610 11n/2016� $20.32 Kent,
WA 98031
$35.001M,onth WA LlcenselD 2152
13
Corset Kent Barber
15 _ _ Contact WA License to 34578 ,
5C Email kenib@johnlscoll.com
l4.NJ$nre.,^.( e�a�(•o$ :?is Phone
G;Excess (253)85Z-8200
0e0esit j
] closing(Deals Paid at Closing(J) $37,053.16 „.:r "„�t�'�o
O ExisnnO Loanfe)AesumWorTakan$ubie,to_ _ Noma Rainier Title,le,LLC•Ke___...
t Closng Cost Cr ,t from Seller §3,900.00 Address 043572nd Ave.S.,Bldg.3
0 PayoHof SemntlMM9e0e Lgen _ ,_. _.__._._.__.. Ste.155i,
0f Kent,WA 98032
07 ... .... .. .. ..
_ WALlconsolD
'..
u9
Contact
t0 ._.__ __.____..___..___......_..._.._.__ Contact WA License ID
f1 Email kantescmw@ralnlertl0e.com
12 . ... Phony (253)21G0240
'3
_._..
Adjusvnents far III' UnpsW by Seller
14 Ctty/Town Texe9 1/1/2 018 10 10119/2 0113__
D CounryTaxes l/Ii?D16 to 10/1412018
+aAssessmenLsvtrzatemtvtnnms
Questions?If you have queshonsaboutthe
loan terms or costs on this form use the contact
information below.To get more Information or
make a complaint,contact the Consumer
Total Due to Sellerat closing(M) $425,020.32 Financial Protection Bureau at '
Total Due tram Selterm ClosIn9(N) 440,953.15 % W .consumerrinance.gov/mortgege-closing }
Cashlo Close ElFrom ✓ZTo Seller $384,067
Closing Disclosure Page 16 of 3
i
Closing Cost Details
MIMI
¢ y � 1M5 1v2;>l1 oLc-®l41(° I 3
t ^� v - v?S+, i� ,— = x 5a k�#'eJT4�- •`-�.,.k aht
Ot Tilfa-Lendal's The Insurance to ftainler Tide LLC
U2 Llle-Batllemsnl ar cl0ehg f¢e to Rather Tille,LLC-Kent $1,072.00
,a yy
�g a Y�slllg.,e HT e,or¢G+4VlPg2�7
01 Emise 7echnoloOy Fee to.King County $600 � � � lid.. - � $6.00
02 Fxclae Technology F¢e tO King County $5.00 ,zy� �. r�,, CsR� $5.06
u Reel Eafele Commission bJehn L,Swh $12750W -
04 Real Estate Commiss<on to John L.Smd 512,75000
03 Rembursement ferAdtlllbnel Septic Charges to Kent Barber
pa Reimbursement for Cleaninkto Kent Barber - -$90000._.._. .._...._.. _.. — _..._
b Reimbursement for Creel spew repair$iPsulatim to Kent Barber _ $3,285U11
Od R bnbursementfor Septic Pumping&7eslNg to K°nl8arbar__ ,__$1,267_33
Oi flehnbursameni for Suuclurall ------- - --�- --- '- --nspecdon Fee to Kenl Berber $800.00
OR Ode-Ownel's Premium Tex to Relnl¢e The,LLC $11694 '.
Uv Tltie-Orme(s Tina lnwmncc to fl;Inler Tine,LLC $/,231.00
'0 water&Bond Asoclallon Dues Through October 2018Io fiddle Trails South Water System $736.00
+.�70TA1,fLQft7GycozJTs ' ri ''s1.S'..� 3. '� t"hsd"f"r.'`Yrd;;r".-.�'r L}
$0.011
Closing olsclasure Page 2 of
Supplemental page
By signing,you are only conf'irming that you have received this form,
By Buzege kB,)d 'Or '................
I
Closing Oisolosure P.g.3 of
Rainier Title,3,S e Kent
Z 20435 72nd Ave.S.,Bldg,Ken, Ste.155
02
f��gg Kent,WA BB032
645
IIIY'I� TITLE (23)216-0203(P)
(426)329.2194(F)
keniescrow®relnlenWe.cam '.
UTILITY DISBURSEMENT AGREEMENT
THIS AGREEMENT Is made between City of Kenf„ (Seller), Christopher S.Worden Jr. and Kathryn A. Worden,
(Buyer)and Rainier Title(Closing Agent)concerning Escrow File Number 702156RT,related to the following street
address:26726 262nd Avenue S.E.,Ravensdale,WA 98051.
WHEREAS,Washington law requires Escrow Agent to pay certain utilities that can become a lien through the date
of closing if the Buyer requests. If Buyer does not waive this requirement,the closing may net occur until Seller
provides the required information and the designated utilities provide statements to Escrow Agent.
NOW THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, the parties
hereto agree and instruct Closing Agent as follows:
X 1. If checked,the parties direct Closing Agent to disburse the closing funds necessary to pay utilities that
have lien rights and that are designated by Seller.
a. Pursuant to statute,the Seiler must provide the names, addresses and account numbers of all utilities
that can become a Ilea upon the land if not paid. Closing Agent is not responsible to determine the
appropriate utilities to be paid. Seller acknowledges that prior to closing, Seller has provided a list of '..
utilities to be paid.
b. The Closing Agent may pay either the final statement of the utility company or the estimate of the utility
company that Is binding to the utility with respect to its lien rights against the Buyer. Seller understands
that payment of the utility company's estimated statement allows the utility company to require further funds
from Seller if the final billing Is higher,and the utility company Is responsible to provide refund to the Seller
directly if the final billing is lower.
c. The Closing Agent may be required to withhold an estimated amount from funds due to the Seller in
order to pay the designated utilities. That withhold, if needed,will be disclosed on the Seller's settlement
statement. The funds shall be held In a non interest-bearing trust account until such time as the Closing
Agent may determine and pay the amount claimed due and refund the balance to the Seller. if the withheld
funds are insufficient,Seiler agrees to deposit the additional amount within 7 days after notice.
d. If Seller did not designate one or more utilities that have a lien right against the owner of the property,
Seller remains liable to the Buyer to pay all utility charges due by the owner of the property through the
date of closing of the sale and will hold Closing Agent harmless from responsibility for the payment or for
administering any reimbursement due to Buyer.
❑ 2, if checked,the parties do not request Closing Agent to pay utilities. Buyer hereby waives the statutory
duty of Closing Agent to pay Seller's utilities.
a. Seller acknowledges the Seller's obligation at the time of sale to pay all utility charges that are due by
the owner of the land through the date of the closing. Seller agrees to satisfy any such lien or charges
outside of closing.
b. Seller remains liable to the Buyer to pay all utility charges due by the owner of the property through the ',
date of closing of the sale,and to promptly reimburse Buyer for any amount Buyer pays that became due
before the closing. Both parties hold Closing Agent harmless from responsibility for reimbursement to the
parties claimed to be due after the closing date.
Buyer and Seiler understand and agree that Escrow does not handle the transferring of utilities.It is the
sole responsibility of the Buyer and Seller to ensure all utilities have been I f d at closing.
o / /-
ChristopherS.WordenJr. Date tte,Cooke.Mayor of the City ol�eni Date
Kathryn A.Worden Date U
i
Rainier Title,LLC-Kent
20435 72nd Ave.S.,Bldg,3,Ste,155
Kent,WA 9B032
ALTA ID31083645
A 0� TITLE (253)210.0240 (P)
(425)329-2194(F)
hentesPmNQnainlertil;e.corn
Escrow File No.: 702156RT
Purchasers(s): Christopher S.Worden Jr.and Kathryn A.Worden
Seller(s): City of Kent,
Supplement To
AGREEMENT AND ESCROW INSTRUCTIONS
For Purchase and Sale Transaction
Including Instructions to Record Documents and Disburse Funds
This supplement is part of the Closing Agreement and Escrow Instructions signed by the partles
under the closing agent's escrow file number set forth above. Except as expressly,modified, changed or
amended by this supplement,all terms and conditions of the Closing Agreement and Escrow Instructions,
and any previous supplements,additions or amendments thereto,shall remain in effect.
THE SELLER HAS OR WILL DEPOSIT THE FOLLOWING DOCUMENTS WITH THE CLOSING
AGENT UNDER THESE INSTRUCTIONS:
X Statutory Warranty Deed—Prepared outside of
closirm and deposited hereto
X Real Estate Excise Affidavit
THE BUYER HAS OR WILL DEPOSIT THE FOLLOWING DOCUMENTS WITH THE CLOSING
AGENT UNDER THESE INSTRUCTIONS:
X Promissory Note—Pre aredbyLender
X Deed of Trust—Prepared 6 Lender
X Loan Documentation Required by Lender
X Real Estate Excise Tax Affidavit
X Sufficient Funds to Close
BY SIGNING THIS DOCUMENT,EACH PARTY ACKNOWLEDGES:
Conditions of Parties'Agreement Satisfied. All terms and conditions of the parties'Purchase
and Sale Agreement have been met to my sattsfaotlon,or will be met,satisfied or complied with outside of
escrow,and closing agent shall not be further concerned.
Title Report Approved, The Preliminary Commitment for Title Insurance,including the legal
description of the property and all attachments and supplements to that report,issued by Rainier Title,
LLC under order number 702166RT are approved by me and made a part of these instructions by this
reference.
Settlement Statement Approved, The preliminary,estimated settlement statement prepared by
the closing agent Is approved by me, made a part of these instructions by this reference,and I agree to
pay my costs,expenses and other obligations Itemized on that statement. I understand that any estimated
amounts will be adjusted to reflect the exact amounts required when the funds are disbursed, that the
Pne i of 3
settlement statement continues to be subject to audit at any time,and if any monetary error is found,the
amount wilt be paid by the party liable for such payment to the party entitled to receive It,
BY SIGNING THIS DOCUMENT,THE BUYER FURTHER ACKNOWLEDGES:
Property Approved. I have had adequate opportunity to review the sellers written disclosure
statement, If any,and to inspect the property and to determine the exact location of Its boundaries. The
location and physical condition of the property and any buildings, improvements, plumbing, heating,
cooling,electrical or septic systems on the property are approved. I understand that all inspections and
approvals of the location and physical condition of the property are my sole responsibility,and are not part
of the closing agent's duties and responsibilities, I hereby release and agree to hold the closing agent
harmless from any and all claims of liability for loss or damage arising or resulting from any physical
condition or defect on the property,or from the location of its boundaries.
Assumed Encumbrances Approved. I have had adequate opportunity to review the terms of
payment, Interest rates and conditions of any existing notes, deeds of trust, mortgages, contracts,
assessments, or other debts or obligations that I will assume and agree to pay in this transaction, and
hereby approve the same.
THE CLOSING AGENT IS INSTRUCTED TO PROCEED AS FOLLOWS:
Instructions to Close. The closing agent is instructed to perform its customary closing duties
under these Instructions,to deliver and record documents according to these Instructions,and to disburse
the funds according to the settlement statement, adjusting estimated amounts, when the closing agent
has the documents required to close the transaction In Us possession and has, or will obtain when the
documents have been delivered and recorded:
1. Sale proceeds for the seller's account In the sum of$425,000,00,to be disbursed according
to the settlement statement.
2. Loan proceeds for the buyer's account In the sum of$439.025.00,to be disbursed according
to the settlement statement. '....
3. A policy of title Insurance Issued pursuant to the Preliminary Commitment for Title Insurance
referred to above,insuring the buyer with ALTA Homeowner's Policy(12l02/13)coverage with
liability of not less than$425,000.00,having the.usual clauses,provisions and stipulations
customarily contained in the printed provisions and schedules of such policy forms,insuring the
buyer's title to the property against all defects or encumbrances except those set forth In the
printed exceptions and exclusions customarily contained in the printed provisions and schedules
of such policy forms,matters attaching by,through or under the buyer,taxes not yet due,and the
matters set forth in the following numbered paragraphs of Schedule 5 of the Preliminary
Commitment for Title Insurance: 11 through 27
4. Such other policies of title Insurance as may be required by any lenders that are providing
financing for the transaction,in accordance with instructions from them.
Completion or Correction of Documents. The closing agent is permitted to correct any obvious
or typographical errors found in any document deposited under these instructions, and to Insert as
necessary the closing date,the data on which Interest begins to accrue,and the dates on which payments
must be made,if such items are incomplete. If necessary,the closing agent is authorized to substitute the
vesting page of the executed conveyance deed to amend grantee's(buyer's)names andlor vesting in the
event the buyer or their lender uses a different variation for final closing.
Adjustments and Pro-rations. The closing agent is Instructed to adjust and pro-rate as of the
closing date,real estate taxes for the current year,recurrent assessments if any.
E-mail Transmission.Escrow Agent will communicate to the parties using e-mail if that address
is provided by the parties on these instructions or on the P&SA given to the Escrow Agent,or if the parties
communicate directly with the Escrow Agent using email. Email transmission of any signed original
document and retransmission of any signed email transmission, shall be the same as delivery of an
original.
Page 2 of 3
I
BY SIGNING THIS DOCUMENT,EACH PARTY ACKNOWLEDGES:
Standard of Care. It is agreed that closing agent,as escrow holder,shall be responsible only for
the exercise of ordinary care In following the Instructions contained herein and Is hereby released from any
further or additional liability. Seller agrees jolntiy and severally with buyer to indemnify and hold closing
agent harmless from and against any loss or damage that may result from closing agent completing this
transaction in accordance with these instructions,and to pay on demand all costs,damages,judgments,
attorneys' fees, expenses, obligations and Ilabilities of every kind and nature suffered or Incurred In
connection with or arising out of this escrow except any liability founded upon failure to exercise ordinary
care in following the instructions contained herein.
Advice to Consult Counsel. It is understood by the parties signing these escrow Instructions or
those instructions,which are attached or subsequent, hereto that such Instructions constitute the whole
agreement between closing agent and you as principal to the escrow transaction. These Instructions may
not Include all the terms of the agreement, which is the subject of this escrow. Read these Instructions
carefully and do not sign unless they are acceptable to you. Review all questions of a legal nature with
your own attorney.
By our signature below we hereby destgrate Rainier Title to be the losing agent,
Purchaser/Borrower:
Christopher S.Worden Jr.
Kathryn A,Worden
Seller: Citggf Kent
B7By B de
G ka,Mayor
Page 3 of 3
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SELLER PAYOFF INDEMNITY
Escrow No: 702156RT
Title Commitment Number: 702156RT
Property Address:26726 262n d Avenue 5.E.,Ravensdale,WA 98051
If any deed of trust recorded against my property secures an opening line of credit or revolving
line of credit,I/we affirm that I/we have not drawn additional funds from the line of credit since
the date of the Payoff Statement from my/our lender to Rainier Title. I/we further agree and
affirm that I/we will not make any further draws on the line of credit after the date of this
affidavit. I/we further affirm that I/we have not taken out any loans against our property other
than those shown on the above referenced commitment number. 1/we hereby request that the
referenced line of credit that is secured by a deed of trust shall be Immediately frozen,allowing
no further advances. You are hereby authorized and Instructed to close the account and
process a rcconveyance of the deed of trust.
Indemnity: I agree to pay on demand to the purchasers and/or lender and/or title companies
(including Rainier Title LLC) In this transaction, their successors and assigns, all amounts
secured by any and all liens,claims or rights not shown above,together with all costs, loss and
attorneys fees that said parties may Incur in connection with such unmentioned liens,provided
said liens, claims, or rights either currently apply to such property, or part thereof, or are
subsequently established against said property and are created by me, known by me,or have
an Inception or attachment date prior to the closing of this transaction and recording of the
deed and deed of trust.
I realize that the Purchase and/or Lender and the Title Companies in this transaction are relying
on the representations contained herein in purchasing same or lending money thereon and
Issuing title polices and would not purchase same or lend money or issues a title policy thereon
unless said representations were made. If Seller or Borrower is an entity, I have authority to
sign on its behalf.
The City of Ke ySellerY�/*'"�R—¢--
By S e C oke,Mayor Date
i
Rainier Title,LLC•Kent
2043572nd Ave.S.,Bldg.3,Ste.166
c•� Kent,WA 98032
q IE T'TLE ALTA IDN 1083645
�g (142)216.0219 (P)
(428)329r21e.com
kentesarow@relnlerfltle.com '..
DISCLO-ORES TO THE PARTIES
UNDER APR-12
October 6,2016 '.
Re: Escrow Number; 702156RT
Seller: City of Kent
Purchaser. Christopher S.Worden Jr.and Kathryn A.Worden
Property Addreas: 25726262nd Avenue S.E.,Ravensdale,WA 98051
THIS NOTICE IS GIVEN IN COMPLIANCE WITH LIMITED PRACTICE RULE
FOR LIMITED PRACTICE OFFICERS,KNOWN AS ADMISSION TO PRACTICE
RULE 12 OR APR I PROMULGATED BY ORDER OF THE SUPREME COURT
OF THE STATE OF WASHINGTON
In connection with the above transaction I,Julie Mills,an employee of Reinter This,LLC,a lay person and not an attomey or lawyer,
am a Limited Practice Officer under APR 12 and licensed thereby to select,prepare and complete certain types of legal documents
incident to the closing of certain real estate and personal property iran190VDns.Pursuant to sold APR 12.you are advised as follows:
f. Agreement of the Parties.I understand the written agreement delivered to Rainier Title,LLC For closing contains the basic
terms and conditions of the transaction and all the parties to the transaction have agreed thereto In writing.
2. Disclosure of the Parties.The scope of the service I am authorized to render to the parties pursuant to APR 12 Is limited to
the selection,preparation and completion of documents In a form previously approved by the Limited Practice Board created
by said APR 12 for use in closing a loan,extension of credit,sale or other transfer of real or personal property,The parties
are further advised:
a) 1 am not acting as the advocate or representative of either or any of the parties;
b) The following documents will be selected,prepared or completed by me and will affect the legal rights of the parties;
LPO approved forms as Identified In the Purchase and Sale Agreement and/or Lender instructions,
c) The parties'Interest In the documents may differ;
d) The parties have a right to be represented by lawyers of their own selection;and
a) I cannot give any legal advice as to the manner In which the documents may affect the parties.
3. Advice to Consult Counsel.If any of the parties has any question whatsoever regarding such documents or Instruments or
what affect they may have upon his,her,their or its rights and interest such party should consult an attorney or lawyer of such
party's choice,because neither I nor Rainier Title,LLC may lawfully advise any of the parties.
Julie Mills,LPO R 2917
I have received and read a copy of the Disclosure,and understand its contents.
Purchaser.
Christopher S.Worden Jr.
Kathryn A.Worden
Seller: The C'tyt t
By Suzette o ce ayor
it
EXHIBIT"A"
Escrow File No.: 702156RT
Buyer(s): Christopher S.Warden Jr.and Kathryn A.Worden
Seller(s): City of Kent, '....
LIMITED PRACTICE BOARD FORMS
SECTION 1: MORTGAGE LENDING DOCUMENTS
Ali documents approved and designed for use by the Secondary Mortgage Market,including Notes,
deeds of trust and riders. The Secondary Mortgage Market is defined as federally related Institutions such as
FNMA, FHLM, and GNMA except Regulation"T'.
SECTION 2: ESCROW DOCUMENTS
LPB No, 10 Statutory Warranty Deed
LPB No. 11 Statutory Warranty Dead(Fulfillment of REC)
LPB No. 12 Quit Claim Deed
LPB No. 13 Deed and Seller's Assignment of Contract
LPB No. 14 Deed and Purchaser's Assignment of Contract
LPB No. 15 Bargain and Sale Deed
LPB No. 16 Special Warranty Deed
LPB No.20 Deed of Trust(Short Form)
LPB No.21 Assignment of Deed of Trust
LPB No.22 Deed of Trust
LPB No. 22A Deed of Trust(with due on sale)
_„_ LPB No. 23 Request for Full Reconveyance
— LPB No.24 Request for Partial Reconveyance
LPB No.28A Promissory Note-
LPB No.29 Request for Notice
LPB No.30 Bill of Sale
LPB No,35 Subordination Agreement '..
LPB No.44 Real Estate Contract(Residential Short Form) j
LPB No.45 Real Estate Contract(Long Form)
LPB No,50 Mortgage
LPB.No.51 Satisfaction of Mortgage
LPB No.52 Partial Release of Mortgage
LPB No.60 Satisfaction of Lien
LPB No.61 Partial Release of Lien
LPB No.62 Satisfaction of Judgment
LPB No.63 Partial Release of Judgment,
LPB No.64 Waiver of Lien
LPB No,65 Partial Waiver of Lien -
LPB No.70 Special Power of Attorney(Sale)
LPB No.71 Special Power of Attorney(Purchase/Encum
LPB No.72 Use Tax Form
LPBNo.73 Personal Property Security Agreement
i
SECTION 3:U.C.C. FORMS RMS
All U.C.C.filing forms accepted by Washington State Department of Licensing
SECTION d:
X_ Excise Tax Affidavit Forms;Department of Licensing Forms;Auditors Cover Sheet; Internally
approved Security Agreement Forms
SECTION&: FARMERS HOME ADMINISTRATION FORMS
-� All documents approved and designated for use by the United States Department of Agriculture
Farmers Home Administration in connection with closing an FMHA loan on residential property.
INITIALS:
1
j.
Oeparrment of
@VLYtUe RE,AL ESTATE EXCISE TAX AFFIDAVIT
wauira4°"snt4 This forth is your receipt when
PLEASE TYPE,OR PRINT CHAPTER 82.45 RCW—CHAPTER 458-61A WAC stamped by cashier.
THIS AFFIDAVIT WILLNOTDEACCEFTED UNLESS ALL AREAS ON ALL PAGES ARE FULLY COMPLETED
(30 bnkoflrslpego(rtrmumbm)
❑Check box if artialsaleos' ro If multiple Ownect,Ilri plavenoLSofowasebi nextta name.
Ch ristapher S.Worden Jr,and Kathryn A,Worden,
Name CRY of Kent,a Washington municipal corporation Name Husband had wife
m Mailing
W M.1im Address 22040 Avg r4 Address 26726262nd Avenue 3$.
y Cityrsccu2ip Kent,WA 98032 m City)StatNZip Rarensdala WA 98051
�n Phone No.:(mciuding me code)(20)$56-56 10 Phone No.:(Including area terse)(153)951-7596
Send ail property mx rerre,mdeace lot[XI Same sw List ellseS1 and personalpmperty tax parcel account Listassessed values)
Buyer/Grantee numbers-check box Ifperemal property
Name: 252206-9107-02 1 I $000
Mailing Addresse l I
City/Statelzip: [ [
Phone No.(including area code): 4864 [ [
Stawtaddress of property: 26726262nd Avenue S.E. Ravensdale.WA98051
This property is locatedin City ofRavensdale Downstate
❑Check box if my of the listed parcels are being segregated from another parcel,are part of a boundary line adjustment or parcels being merged
Lou]descri tlon of property: SEE ATTACHE➢EXHIDITA
List all personal property(tangible and Intangible)included in selling
Select Land Use Cartels): 11 price.
(See back of last page for Instructions) YEs No
Was the seller recelving apeoperty per,exemption or defeae!under
chapters 8436,8437,or 8438 RCW(roaprofit arlarliudon, ( ] NI
aenlor eilimn or disabled person,hon cowncr wills limited
income)?RE —
YES No If claiming an exemption,list WAC number and mason for exemption:
Is this property designated as forest land per chapter 84.33 RCW? I I [XI WAC No.(Section/Subsection)
Is this property classified as cuncat use(spar space,farm and I I IXI Reasonfarexcarmlon:
Is this property rcaid,special valuation as hislodtwl property I I IX]
per chapter 84.26 RCW?
If any answers are yes,cumphre,as Instructed below.
(1)NOTICE OF CONTINUANCE(FOREST LAND OR CURRENT USE)
NEW OWNER(S):To continue the current designation as forest lead or Type of Document Statutory Warranty Deed
classification as current use(open space,farm and egrimlmm,or timber) Date of Document
land,you must sign on(3)below. The county assessor must then
determine if the land transferred continues to gael(fy,and will indicate by Grosz Selling Price S42500000
signing below,If the land no longer qualifies or you do act Wish to °Personal Property(deduct)
continue the designation or classification,it will be removed and the Exemption Claimed(deduct)
compensating or additional Was will be due and payable by the seller or Taxable Selling Price $425,000,09
transferor at thetimc of sale. (RCW84.33l40or RCW84.AI08).
Prior to signing(3)below,you may contact your local county assessor
for more information. Gkcise Tax: State $0.00
Thisiand [ j does [ I does not qualify,for continuance. 0.0000 Lacal SP 00
eDelinquent Interest: State
DEPUTYASSESSOR DATE Local
(2)NOTICE OF COMPLIANCE(HISTORIC PROPERTY) °Delinquent Penalty
NEW OWNER(S): To continue special valuation as historic property, Subtotal $0.00
sign(3)below. If the new owner(s)do not wish to continue,all
additional tax calculated pursumtto chapter 84.26 RCW,shall be due -State Technology Fee 530.00
and payable by the seller or transferor at the time of sale. *Allidavit Processing Fee _
Total Due S10.00
(3)OW NER(S)SIGNATURE
A MINIMUM FEE OFS10.001S DUE IN FEE(S)ANDIORTAX
PRINT NAME ?SER INSTRUCTIONS
RE 7t9- /4S..U.C..kwHaMwor
NDERPENALT THATTRE FOREGOING ISTRUE AND CORRECf.
Signature ofGret4o,
Sigmerc of Ornatce
Crflnfar'9 orGranh<'9Avant
Name(prim) Christopher S.Worden Jr.
-y�Date&oityefslping: Date&city of signing:
Pedury4 Perjury isad by thec court
Ichmmtha fivetousandnmcnl in 0wstele or
by both
Imprisonment
Line(RC 9A,20.m0ralbm Rveyems,or bye
fine in an em0unt fixed by the wort°Foot mom than five thousand dollars(5AW0.00),or by both tmpdsonment and foe(RCW 9A.20.020(ICN.
MY 84 cool.urPlrl,l) TRIO$PACE-TREASURER'S USE ONLY
EXHIBIT A
Lot 1,Exempt Segregation No.EMSC 15-0014,recorded under Recording No.20150831900002,records of King
County,Washington;
Situate in the County of King,State of Washington.
I
i
�i.
Rader Title,LLC-Kent
4 L 20435 72nd Ave,S.,Bldg.3,Ste.155
3645
@p� 'T''I C Kent,WA 08032
®NIERTI J LL 25521LTA 80480(P)
(425)M2 2194(F)
kentescrov4ralnler011e.com
DISBURSEMENT INSTRUCTIONS
Escrow No.;702156RT
choose c ,
Wire to(Bank Name): "e�' A�/ nWIr'�. �Hc�1'i41Gf"LdytS.
Bank Routing Number:
Account Number.
Name on Account:
Address: (mandatory)
Please be advised your banking Institution may charge you an Incoming wire foe,please consult your banking
Institution for vedflcat1q..
FUNDS WILL BE WIRED INTO THE ABOVE ACCOUNT THE BUSINESS DAY AFTER CLOSING.IF THE BUSINESS
DAY AFTER CLOSING IS A HOLIDAY,WIRE WILL BE SENT THE BUSINESS DAY AFTER THE HOLIDAY.
5ELLERS ACKNOWLEDGE THAT FUNDS ARE AVAILABLE AS OF THE DAY OF CLOSING,HOWEVER,DUE TO
THE REOU EST FOR WIRE TRANSER.FUNDS WILL BE RECEIVED THE BUSINESS DAY FOLLOWING CLOSING
X X (INITIALS)
�A(c]Ittarigl�req�el{1e`�Tt�for�)r�em�Tiorta(S�res)
❑ Mail check via( lUSPS or(__)Overnight Service to(mailing address): I,
We will pick up check at Rainier Title,LLC
Please call when the check Is ready.
E] Transfer&assign our funds to:
(wiring instructions will be provided to you prior to close of this escrow)
For mylour bonallf Into their File Number:
If there arc any refunds after closing,please send the funds to:
�%t�lr .zoo Lv G.i S ao1' WR g$o52- htTN: (lx6 o p++tpt.x -pitiJ.�
X: ± X:
( kin m required above). (signature ragnlred above)
NO . f you choose WIRE TRANSFER,attach a voldod check(deposit slip is not acceptable)
(TAPE OR STAPLE VOIDED CHECK HERE)
I
i
City o1 Kent
Wire/ACH %nstructtons
Bank: US Bank
Address: 305 4th Avenue N - Kent, WA 98032-4431
ABA/Routing #: 125000105
Beneficiary Name: City of Kent
Beneficiary Account#: 153500745333
Recipient: City of Kent
220 4th Avenue South
Kent,WA 98032
Contact; Joe Bartlemay
Sr. Financial Analyst
253.856.5248 phone
253.856.6255 fax
J6artlemav(dkentwa aov
Rainier Title,LLC-Kent
20435 72nd Ave.S.,Bldg.3,Ste.155
KentWA B0032
AZ&td3645
25321&02d50 (P)
(425)329-2194(F)
kenlescrow@ralnledllle.corn
October 6,2010
Re: Escrow Number: 702156RT
Seller: City of Kent,
Purchaser!Borrower: Christopher S.Warden Jr.and Kathryn A.Warden
Property Address: 26726 262nd Avenue S.E.,Ravensdale,WA 98051
The undersigned Purchaser(s)and Seller(s)certify that all conditions included within and/or added to that
certain Purchase and Sale Agreement dated 8130/2016,between the undersigned Purcheser(s)and
Seller(s)has/have waived,met or completed to their satisfaction.
The undersigned hereby agree to the closing of the transaction in accordance with the purchase and
sellers escrow Instructions.
PURCHASERS:
Christopher S.Warden Jr.
Kathryn A.Warden
I
SELLERS:
70
ke,Mayor
h
Rainier Tills,LLC-Kent
20435 72nd Ave.S.,Bldg.3,Ste,165
err ��ee ®® 'p'9 c Kent,WA-96032
5048
Iy�IERTI p LC 93216.0240 (P)
(425)329-2194(F)
kentescrow@reinlerilie.co
Escrow Number: 702166RT
Property Address: 26726 262nd Avenue S.E.,Ravensdale,WA 98051
Leased Fixtures Aokn®wiedgement
I, the undersigned seller, hereby certify that I have no leased or rented fixtures on the premises. I
understand that it is my obligation under the Purchase and Sale Agreement to pay off any leased Items. I
acknowledge that there are no verbal agreements to the contrary between myself and the buyers and/or
Realtors, concerning the above. I further certify that any and all work requirements performed on the
subject properly have been paid in full.
By S e Pa Co ke,Mayor Date /
f
Rainier Tille,LLC-Kent
20435 72nd Ave.S.,Bldg,S,Ste.15$
Kent,WA 98032
pp� ALTA 1E81 W3645
FMI NI ERTITLE (263)21a0240(P)EA :.
(425)329-2194(F)
kenlescrov,@rainiertitie.mm
Escrow File No.: 702166RT
Purchasers(s): Christopher S.Warden Jr.and Kathryn A.Worden
Seiler(s): City of Kent,
CLOSING AGREEMENT AND ESCROW INSTRUCTIONS
For Purchase and Sale Transaction
The undersigned buyer and seller (referred to herein as "the parties) hereby designate and
appoint Rainier Title,LLC• (referred to herein as"the closing agent")to act as their closing and escrow
agent according to the following agreements and instructions.
IT IS AGREED,AND THE CLOSING AGENT IS INSTRUCTED,AS FOLLOWS.
Terms of Sale. The terms and conditions of the transaction which is the subject of these
instructions (referred to herein as "the transaction") are set forth In the parties' Purchase and Sale
Agreement, Earnest Money Agreement,or other written agreement,and any attachments,amendments or
addenda to that agreement(referred to herein as"the pariies'agreement"),which is made a part of these
instructions by this reference. If the Purchase and Sale Agreement provides that a commission Is due at
closing,the Company will require payment of the commission according to the broker's demand,Which will
be furnished at the closing agent's request. Any changes to the parties'agreement will be made a part of
these instructions, without further reference, when signed by the parties and delivered to the closing
agent. These instructions are not intended to amend,modify or supersede the terms and conditions of the
parties'agreement and if there is any conflict or inconslsterncy between these instructions and the parties'
agreement,the terms and conditions of the parries'agreement shall Control.
Description of Real Property, The real property which is the subject of the transaction(referred
to herein as"the property')Is Identified In the parties'agreement. The documents required to close the
transaction must mmaln the"legal description"of the property. If the parties' agreement does not yet
contain the correct legal description, the parties or the real estate agent should obtain an addendum
setting forth the legal descriptlon as soon as possible and deliver It to the closing agent.
Closing Date. Unless otherwise described In the parties' agreement,the closing date shall be ',
considered to be the date on which the legal documents are recorded and the funds are available for
disbursement.
Documents. The closing agent is instructed to select,prepare,complete,correct,receive,hold,
record end deliver documents as necessary to close the transaction. The closing agent may request that
certain documents be prepared or obtained by the parties or their attorneys,in which case the parties shall
deliver the requested documents to the closing agent before the closing date. Execution of any document
will be considered approval of its form and content by each party signing such document.
Deposits and Disbursements of Funds. Before the closing date,each party shall deposit with
the closing agent all funds required to be paid by such party to close the transaction, less any earnest
money previously deposited with the real estate agent. The closing agent is authorized,but not required,
to consider a lending institution's written commitment to deposit funds as the equivalent of a deposit of
such funds, if all conditions of the commitment will be met on or before the closing date. All funds
deposited with the closing agent shall be deposited In an escrow trust account with a bank doing business
in the State of Washington.
The parties hereby acknowledge that except as provided by Supreme Court Admission to Practice
Rule 12.1 and 12.1 (h)adopted in 1995,the money deposited with closing agent by them in connection
with this escrow will be further deposited into a non-Interest bearing account with a linanclat Institution
("the funds depository)whose deposits are covered by FDIC insurance. The parties further acknowledge
that in calculating the amount of available insurance,the FDIC will consolidate moneys deposited under
Page i of 0
this escrow with all other funds of the undersigned which are on deposit with the funds depository. The ICI'
parties do therefore release closing agent from any liability and assume ail responsibility for any loss to
themselves which may result from a lack of FDIC insurance in excess of$280,000.00. The parties
acknowledge that the Closing Agent may receive Incidental benefits from the financial institution based on
the existence of its escrow trust account deposits,
The closing agent shall not be required to disburse any funds deposited by check or draft until It
has been advised by its bank that such check or draft has been honored. RCW 10.44.070 provides that
an escrow agent shall not make disbursements until the next business day after the business day on
which the funds are deposited unless the deposit is made in cash,by interbank electronic wire transfer,or
in a form that permits conversion of the deposit to cash on the same day the deposit is made. All
disbursements shall be made by the closing agent's check or, if the payee so Instructs in writing, by
electronic wire transfer.
Settlement Statement. The closing agent is Instructed to prepare a preliminary, estimated
settlement statement showing all funds deposited for the account of each of the parties and the proposed
disbursements from such funds. No funds shall be disbursed unfit the parties have examined and
approved the settlement statement. Some items may be estimated, and the final amount of each
estimated item will be adjusted to the exact amount required to be paid at the time of disbursement. The
settlement statement will be subject to audit and any errors or omissions may be corrected at any time, if
any monetary error is found, the amount will be immediately paid by the party liable for such payment to
the party entitled to receive it.
Pro-rations. Adjustments or pro-rations of real estate taxes, and other charges if any, which
appear on the Title Report, shall be made on the basis of a M day year, unless the closing agent is
otherwise Instructed In writing.
Title Insurance. The closing agent shall order or obtain copies and forward to the parties as '.
applicable, a Preliminary Commitment for the Title Insurance on the property(referred to herein as'the '...
title report), together with copies of the exceptions noted thereon. The parties shall be responsible to
review these Items for accuracy,a verification of the legal description,and to determine their acceptability
for purposes of closing.
Verification of Existing Encumbrances. The closing agent Is permitted to request a written
statement from the holder of each existing encumbrance on the property, verifying its status, terms,
balance owing and, if it will not be removed at closing, the requirements that must be met to obtain a
waiver of any due-on-sale provision. The closing agent is authorized to rely upon such written statements
in the performance of its duties,without liability or responsibility for their accuracy or completeness. The
Closing Agent may further rely upon any verbal update to a written payoff statement provided by an
existing lender and the borrower agrees to indemnify Closing Agent for payoff amounts which may be
regarded as incomplete or inaccurate by the lender upon receipt.
Disclosure of Information to Third Parties. The closing agent Is authorized to furnish, upon
request, copies of any closing documents, agreements or instructions concerning the transaction to the
parties'designated attorneys, and to their real estate agent, the designated lender, loan broker and title
insurance company involved In the transaction.
Records Retention. Unless otherwise prescribed by law,the closing agent may destroy after six
(6) years from the closing date hereof, these and records, agreements and Instruments relating to the
closing of this transaction, Including all documentation and accounting Information, excluding however,
any and all loan documents,
Closing Agent's Fees and Expenses. The closing agent's fee Is Intended as compensation for
the usual closing services as set forth In these instructions. If additional services are requested or
required to comply with any change or addition to the parties'agreement or these instructions, or as a
result of any parry's assignment of Interest or delay In performance,the parties agree to pay a reasonable
additional fee for such services. The parties shall also reimburse the closing agent for any out-of-pocket
costs and expenses Incurred by It under these Instructions, Including but not limited to excessive fax
costs,electronic wire transfer costs and courier fees.
Cancellation, These instructions may be canceled by a written agreement,signed by all of the
parties,and payment of the closing agent's fees,costs and expenses. Upon receipt of such agreement
and payment,the closing agent shall return any money or documents then held by it to the parties that
deposited the same,and shall have no further duties or responsibilities under these Instructions.
Page 2 of 6
Inability to Comply With Instructions. If the closing agent receives conflicting instructions or
determines,for any reason,that it cannot comply with these Instructions by the date forclosing specified in
the parties'agreement or in any written extension of that date, It shall notify the parties, request further
Instructions,and in its discretion:(1)continue to perform its duties and close the transaction as soon as
possible after receiving further Instructions,or(2)If no conflicting Instructions have been received,return
any money or documents then held by it to the parties that deposited the same, less any fees and
expenses chargeable to such party, or(3)commence a court action,deposit the money and documents
held by it into the registry of the court,and ask the court to determine the rights of the parties. When the
money and documents have been returned to the parties or deposited Into the registry of the court,the
closing agent shall have no further duties or responsibilities under these instructions.
Disputes. Should any dispute arise between the parties,or any of them, and/or any other party, ',
concerning the property or funds Involved in the transaction,the closing agent may,at Its sole discretion,
hold all documents and funds In their existing status pending resolution of the dispute, or join or
commence a court action,deposit the money and documents held by it with the court,and ask the court to '...
determine the rights of the parties. Upon depositing said funds and documents with the court,the closing
agent shall have no further duties or responsibilities under these Instructions, The parties jointly and
severally agree to pay the closing agent's costs,expenses and reasonable attorney's fees Incurred In any
lawsuit arising out of or in connection with,the transaction or these Instructions,whether such lawsuit is
Instituted by the closing agent,the parties,or any other person.
Notices. Any notice, declaration or request made under these Instructions shall be in writing,
signed by the party giving such notice or making such declaration or request,and personally delivered or
mailed to the closing agent and other partles,
Amendments. Any amendment,addition or supplement to these instructions must be In writing,
signed by the appropriate parties and delivered to the closing agent.
Counterparts. These instructions may be executed in one or more counterparts with like effect
as if all signatures appeared an one copy.
MATTERS TO BE COMPLETED BY THE BUYER AND SELLER
IMPORTANT-READ CAREFULLY
The following items must be completed by the parties,outside of escrow,and are not part
of the closing agents'duties under these instructions.
Inspection and Approval of the Property. Any required Inspeotlons or approvals of the property
or of Improvements, additions or repairs to the property will be arranged and completed by the parties,
outside of escrow. The closing agent shall have no liability with respect to the physical condition of the
property,or any buildings,improvements,plumbing,heating,cooling,electrical,septic or other systems on
the property,and no responsibility to Inspect the property,or to otherwise determine Its physical condition,
or to determine whether any required improvements, additions or repairs have been satisfactorily
completed.
Undisclosed Sewer Charges. Buyer and seller acknowledge that the subject property may be
located within one of those participating cities or sewer districts which have entered into a special
contractual relationship with the Metro Council which may allow Metro to levy a fee or charge an additional
service fee. Buyer and Seller agree that any adjustment shall be handled outside of closing and Escrow
Closer shall be held harmless with respect to any such"capacity charge".
Real Estate Disclosure. A Residential Real Estate Sales Disclosure may be required to be
furnished by the seller to the buyer before the closing of the sale of subject property in accordance with
Title 64 RCW, enacted 1994 and as amended. Escrow Closer has not advised either party as to the
scope of such disclosure or the perils$'rights or duties thereunder,but has advised both parties to review
these matters with their real estate agent or an attorney of their choice. Escrow Closer is hereby assured
by the buyer that any disclosure required,including any disclosure relative to Farm and Timber,Asbestos
or Lead Base Paint, has been received and the appropriate time has expired and Escrow Closer has no
duty to independently confirm such receipt and time expiration by buyer.
Personal Property, Any required inspections,approvals or transfers of possession of any owned
or leased fixtures,equipment or other Items of personal property Included in the transaction,and payment
of any personal property,sales or use taxes,will be completed by the parties outside of escrow, Unless
otherwise Instructed in writing,the closing agent shell have no responsibility with respect to such personal
property and shall not be required to determine the status or condition of the title to,encumbrances upon,
Page 3 Of 6
ownership, or physical condition of such personal property, nor to calculate, pro-rate, collect prepare
returns for or pay any personal property tax,sales tax or use tax arising from the transaction.
Utilities. If the Purchase and Sale Agreement lists the names and addresses of public utilities
which could claim a lien, the Closing Agent shall request statements for payment of final or estimated
billings and is instructed to pay the amounts demanded by such designated public utilities. In the event
such designated public utilities do not provide the payment information within the time allowances
prescribed by law,Closing Agent shall have no further responsibility to the parties for the payment of said
utilities, and shall not be required to pay them, and seller agrees to discharge said utilities outside of
escrow. All other orders,cancellations,transfers,payments and adjustment of accounts for Installation of
service of water, sewer, garbage collection, electricity, gas,fuel oil, telephone, television cable and any
other utilities for public services, including installation fees, will be completed by the parties outside of
escrow. Unless specifically instructed In writing by one or more parties In accordance with Stale of
Washington ROW 60,80, all orders, cancellations,transfers, payments end adjustments of accounts for !..
water, sewer, garbage collection, electricity, gas, FUEL OIL, telephone, television cable and any other
utilities or public services will be completed by the parties outside of escrow. !
Unless otherwise Instructed, the closing agent shall have no responsibility to determine, collect,
Pay, pro-rate or adjust charges for installation or service for any utilities or public services,except to pro-
rate existing recurrent assessments for public Improvements if any,which may appear on the title report.
Fire or Casualty Insurance. If a new policy of fire,hazard or casualty Insurance on the property
is necessary to close the transaction,the buyer will arrange for the policy to be Issued,and will provide
evidence of the required insurance coverage to the closing agent before the closing date,together with a
paid premium receipt or an authorization to pay the premium through escrow.
Possession of the Property. The transfer of possession of the property shall be arranged
between the parties,or through their respective real estate agents,outside of escrow,and shall not be the
responsibility of the closing agent,
Collection Account. If any financing for the transaction will be provided by a private party,the
parties are advised to open a collection account at a financial institution to receive and disburse payments
to be made under the private promissory note or contract. The collection account shall be established by
the parties outside of escrow and shall not be the responsibility of the closing agent.
1099.5 Reporting of Sellers Proceeds, in compliance with the Tax Reform Act of 1980,Internal
Revenue Code Sections 6045(e), 6676, 6722, 6723, and 7203 and as further amended, seller shall
provide all information necessary, Including Seller's Taxpayer Identification Number (TIN), for the
preparation of a Form 1099-5 as required by the Internal Revenue Service in connection with the closing
and completion of the transaction. Closing agent reserves the right not to close the escrow if adequate
information to complete Form 1099.5 is not provided by the seller.
Foreign Investment in Real Property Tau Act. If any seller is,or may be,a non-resident alien
or a foreign corporation,partnership,trust or estate for the purposes of United States Income taxation,the
partles are advised to consult with their attorneys before the closing date to determine their responsibilities
and liabilities, if any, under the Foreign Investment in Real Property Tax Act(Section 1445 at seq.of the
Internal Revenue Code). The closing agent Is not required to verify the nationality or foreign status of any
of the sellers,or to withhold,report or pay any amounts due under such act,unless directed by the parties '..
in writing, However, the closing agent may request additional Information or documentation concerning
sellers' foreign status, and the parties agree to cooperate by providing such information and
documentation.
Approvals and Permits. The parties are advised to consult with their attorneys to determine
whether any building, zoning, subdivision, septic system, or other construction or land use permits or
approvals will be required, either before or after the closing date. The closing agent shall have no !..
responsibility with respect to any such permit or approval,and shall have no liability arising from the failure
of any party to obtain, or from the refusal of any governmental authority to grant, any such permit or
approval.
Compliance with Certain Laws, The parties are advised to consult with their attorneys to
determine their rights and responsibilities,if any,under the Consumer Protection Act,Truth-in-Lending Act
or other similar laws. The Closing Agent shall have no responsibility for the parties'compliance,nor any
liability arising from the failure of any party to comply,with any such law,
Additional Agreements,Instructions and Disclosures:
Page 4 of 6
ii
Any additional instructions noted belovf or attached by addenda are hereby Incorporated into these instructions and
made a part hereof. '..
Purchaser
Christopher$.'Norden Jr.
Kathryn A.Worden
Seller:The City of Kenf
i
By 5 ett C Mayor
Accepted Sy:
a I�
tulle Mills
Rainier Title,LLC
Page 6 of 6
f
PRIVACY POLICY
We Are Committed to Safeguarding Customer Information ICI
In order to better serve your needs now and in the future,we may ask you to provide us with
certain information. We understand that you may be concerned about what we will do with such
information—particularly any personal or Onanclaf Information. We agree that you have a right to
know how we will utilize the personal information you provide to us. Therefore,we have adopted
this Privacy Policy to govern the use and handling of your personal information.
Appllcabillty
Depending upon which of our services you are utilizing, the types of nonpublic personal
Information that we may collect include:
• Information we receive from you on applications,forms and In other communications to us,
whether in writing,in person,by telephone or any other means;
• Information about your transactions with us,our affiliated companies,or others,and
• Information we receive from a consumer reporting agency.
Use of Information
We request information from you for your own legitimate business purposes and not for the
benefit of any nonaffiliated party. Therefore,we will not release your information to nonaffiliated
parties except:(1)as necessary for us to provide the product or services you have requested of
us;or(2)as permitted by law, We may, however,store such information indefinitely,including
the period after which any customer relationship has ceased, Such information may be used for
any internal purpose,such as quality control efforts or customer analysis. We may also provide
all of the types of nonpublic personal information listed above to one or more of our affiliated
companies. Such affiliated companies Include financial service providers,such as title Insurers,
property and casualty insurers, and trust and investment advisory companies, or companies
involved in real estate services, such as appraisal companies, home warranty companies and
escrow companies,
Former Customers
Even If you are no longer our customer,our Privacy Policy will continue to apply to you.
Confidentiality and Security
I
We will use our best efforts to ensure that no unauthorized parties have access to any of your
information, We restrict access to nonpublic personal information about you to those Individuals '...
and entitles who need to know that information to provide products or services to you. We will
use our best efforts to train and oversee our employees and agents to ensure that your
information will be handled responsibly and in accordance with this Privacy Policy. We currently
maintain physical,electronic, and procedural safeguards that comply with federal regulations to
guard your nonpublic personal information.
I
Page 6 of 6
REQUEST FOR MAYOR'S SIGNATURE
', ® rinCoo Cherry-C
P olored Paper
KENT ''
_Routing Idrory btion(ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW BECARTMENT)
APYMved bYOlmcty
on inator.in rid Willms Dixon Phone (originator):253-856 5519
Datd:Sent:10/10/201C _ 'Date Re uired:iontipte
Return Signed Document to:':nsnawom:-=on -Contract Termination Dater
VENDOR NAME:._ Date Finance Notified:
Ntoore pro 2 (only mgwred on cobhz is
�,,1 - 10-00o a nd over_or on an A Grant
DATE OF COUNCIL APPROVAL: Date Risk Manager Notified: I -.
180uary'•20,7015 YRepuVed on NI.n City Standard CmL'racts A reements
Has tYsis.Dodument,been Specfficall Account.Number;-
Authorized In the Fudget?@YES
Brief Explanation.Ex p of Document:.:: -
Please sign attached closing disclosure and Statutory Warranty Deed,for the.Moore Property.The Buyers
also need to Bee ept,(sign)the Deed, So we�'ere asking you to make an exception to the ordinary course;
and have the Mayor to sign first,for Timldg'purposes.This transaction is set to close Friday Oct. 14t.
i
All Contracts-Must BeJtotrted Throtigh The Law Department
s � a E feted by the Law cepartnnent) L.
RecPlved': _
Approval-_of Law"Dept.: OCT2b1G `1P1
Date Forwarded to Mayor: - 10(•.I I 1 U
Shaded Areas-Yo Be Completed By AdmIalstration.Staff -
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