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Home My WebLink AboutPK18-143 - Original - Glenn Ransom - Property Acquisition: Upper Mill Creek - 04/03/2018 �15T,K,E,NT Records Management Document CONTRACT COVER SHEET This is to be completed by the Contract Manager prior to submission to the: City Clerk's Offi:ce. All portions are to be completed. If you have questions, please contact the City Clerk's Office at 253-856-5725. ❑ Blue/Motion Sheet Attached Pink Sheet Attached Vendor Name: Glenn Ransom Vendor Number (JDE): Contract Number (City Clerk): Category: Purchase and Sale Apreernent Sub-Category (if applicable): Choos.e an itern. Project Name: Ransom Property Acquisition erill M Creek) ....................................... Contract Execution Date: 3/28/2018 Termination Date: N/A Contract Manager: Lynn Osborn/BL Department: Parks Contract Amount: �9O 000-00 Approval Authority: El Director [:1 Mayor M City Council Other Details: L_AccLuis�i ion by r�K!��qp�rtmenLof Kin rlty C u a 1 2�92205- bye _ 9211, at 10040 SE 267 1h Street, 98032 in Kent. Parcel is 3 acres in Upper Mill Creek and will be incorporated into Mill Creek Canyon Earthworks-Park. Division Contract: #PPD18-13 I ry u I 1 1 i m J ___._ _- Kent City Council Regular Meeting March '6, 2018 Minutes Kent, Washington Approved March 20, 2018 0. 2017 Consolidated Annual. Performance and Evaluation Report — Approve Council approved the 2017. Consolidated Annual Performance and Evaluation Report and authorized the Mayor to submit the report to HUD. P. Indigent Conflict Counsel Contracts — Authorize Council authorized the Parks Director to enter into all contracts necessary to retain conflict counsel for indigent criminal defense in the Kent Municipal Court, so long as costs associated with the contracts can be paid from the Parks Department budget and ratify all prior acts and contracts consistent with this grant of authority, subject to the final contract terms and conditions acceptable to the Human Services Manager and Parks Director. 9. Other Business None 10. Bids None At 7:93 p.m., Mayor Ralph adjourned into executive session 11. Executive Session and Action after Executive Session A. Litigation, as per RCVW 42.30.110(1)(i) B Property Negotiations, as per RCW 42.30.110(1)(b) — Purchase or lease At 8:19 p.m., the Council reconvened into regular session Brian Levenhagen, Deputy Parks Director, gave a brief overview of the Upper Mill Creek Property Acquisition. The parcel is located on the south end of Mill Creek Canyon park, known as the Ransom property. Brian indicated the acquisition of thiis property is identified as priority in the Mill Creek trail feasibility study and was listed as a strategic project in the Parks and Open Space Plan. The parcel is three acres, is appraised at $890,000, there is a willing seller and is a Recreation and Conservation Office conversion property as part of the Morrill Meadows/YMCA conversion project. The 'Earthworks Master Plan is currently under way and this project will be planned further with public input. Brian provided additional details regarding the RCO conversion requirements related to the YMCA/Morrill Meadows project and that the funds for the purchase of this property are included in the YMCA budget. Brian further clarified that the City applied to King County Conservation Futures for $445,000, which is half of the appraised value, in addition to associated casts allowed by the grant program. Page 9of10 Kent City Council Regular Meeting March 6, 2018 Minutes Kent, Washington Approved March 20, 2018 Cou,ncilmember Fincher moved to authorize the Mayor to take all action necessary and sign all documents to complete the purchase of the Ransom property, King County parcel number 292205-9211, in an amount not to exceed $890,000�, plus closing costs, subject to approval of the final terms and conditions by the City Attorney and Parks Director, seconded by Councilmember Budell. The motion passed with a unanimous vote of 7-0. 12. Adjournment Mayor Ralph adjourned the me in at 8::24 p.m. n Kimberley Komoto City Clerk March 6, 2018 Page 10 of 10 REAL ESTATE PURCHASE AND SALE AGREEMENT WITH EARNEST MONEY PROVISION This Agreement is entered between the CITY OF SCENT, a Washington municipal corporation ('Buyer"), whose mailing address is 220 4th Avenue South, Kent, Washington 98032-5895, and Glenn Ransom, ("Seller") whose mailing address is 10040 SE 267th St Kent, WA 98030 for the sale and purchase of real property as follows; x. PROPERTY. The Property, which Buyer agrees to buy and Seller agrees to sell, is known as King County Tax Parcel Number 292205-9211, located at 10040 SE 267th Street, Kent, WA 98032 (the "Property"). The Property is legally described in Exhibit "A", attached hereto and incorporated herein by this reference. 2. EARNEST MONEY. Within ten working days of mutual acceptance of this Agreement, Buyer shall deposit with Ticor Title Insurance Company (the "Escrow Agent"), the sum of Fifteen Thousand Dollars and NO/100ths ($15,000) 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 Eight Hundred and Ninety Thousand Dollars and NO/100ths ($890,000), including Earnest Money, payable on Closing. 4. CONTINGENCIES. This Agreement is contingent upon: (a) 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." Seller shall complete one form for each dwelling unit or specify which dwelling unit is being referenced in the form. The Disclosure Statement shall be completed by the Seller within ten Buyer's Initials Seller's Initials 'r Rear! Estate Purchase and Sale Agreement Page 1 of 10 days from the date of mutual acceptance of the Agreement. Within five 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 not deliver a written rescission notice to Seller within the five day period, Disclosure Statement will be deemed approved and accepted by Buyer. (b) A feasibility Study as follows: i. Buyer shall have thirty (30) days from the date of mutual acceptance of this Agreement to determine, in Buyer's sole and absolute discretion, if the Property is feasible for the purposes and uses intended. ii. Buyer's feasibility study may include (but is not limited to) a Phase I and/or Phase II environmental assessment, to determine if the Property is feasible for the purposes and uses intended. iii, A Phase I environmental assessment generally will consist of a review of title of ownership and land use, review of geologic and hydrologic maps of the area, review of federal and state databases for known hazardous water generators or contaminated sites, and a site visit. If the Phase I review reveals the potential of a contaminated site, a Phase II environmental assessment may be conducted which generally will consist of on-site sampling, including the digging or boring of test holes for soil samples. BY EXECUTING THIS AGREEMENT AND SUBJECT TO THE FOLLOWING TERMS, SELLER HEREBY AUTHORIZES BUYER A RIGHT OF ENTRY ON TO THE PROPERTY FOR THE PURPOSE OF CONDUCTING THIS FEASIBILITY STUDY INCLUDING A PHASE I, AND IF NECESSARY, A PHASE II ENVIRONMENTAL ASSESSMENT. Buyer's InitialsoD Seder's 1nitia1s_Ji'bL Real Estate Purchase and Sale Agreement Page 2 of 10 SELLER WILL BE NOTIFIED AT LEAST TEN (10) DAYS IN ADVANCE IF A PHASE II ENVIRONMENTAL ASSESSMENT IS TO BE CONDUCTED. SELLER SHALL PERMIT BUYER AND ITS AGENTS, AT BUYER'S SOLE EXPENSE AND RISK, TO ENTER THE PROPERTY AT REASONABLE TIMES TO CONDUCT INSPECTIONS CONCERNING THE PROPERTY AND IMPROVEMENTS. BUYER SHALL SCHEDULE ANY ENTRY ON THE PROPERTY WITH SELLER IN ADVANCE AND SHALL COMPLY WITH SELLER'S REASONABLE REQUIREMENTS INCLUDING THOSE RELATING TO SECURITY, CONFIDENTIALITY AND DISRUPTION TO SELLER. BUYER SHALL RESTORE THE PROPERTY AND IMPROVEMENTS TO THE SAME CONDITION THEY WERE IN PRIOR TO INSPECTION. BUYER SHALL BE SOLELY RESPONSIBLE FOR ALL COSTS OF ITS INSPECTION AND FEASIBILITY ANALYSIS AND HAS NO AUTHORTY TO BIND THE PROPERTY FOR PURPOSES OF STATUTORY LIENS. BUYER AGREES TO INDEMNIFY AND DEFEND SELLER FROM ALL LIENS, COSTS, CLAIMS AND EXPENSES, INCLUDING ATTORNEYS' AND EXPERTS' FEES, ARISING FROM OR RELATING TO ENTRY ONTO OR INSPECTION OF THE PROPERTY BY BUYER AND ITS AGENTS. iv. Buyer agrees to conduct its feasibility study at its sole cast and expense; and if Buyer does not remove the feasibility contingency, then Buyer also agrees to deliver to Seller copies of all information and documentation obtained by Buyer in connection with its feasibility study. V. If Buyer fails to notify Seller of its approval of the Property, in writing, on or before the expiration of the feasibility period, then this Agreement shall be terminated, and neither Buyer nor Seller shall have any further rights, duties or obligations hereunder, except f U)/�E/`uK I►rtrals Seller's I�art�alSL, 1 Real Estate Purchase and Sale Agreement Page 3 of 10 that the Earnest Money in Escrow shall be immediately returned to Buyer. Buyer agrees to return the Property to its original state (i.e,, fill all boring holes, etc.), (c) Approval of replacement property by the Washington State Recreation and Conservation Office, (RCO). Buyer's intention in purchasing the Property is to replace City park property related to the Morrill Meadows-YMCA project that is encumbered as a result of the funding used for the original purchase. This replacement must be approved by RCO. Therefore, Buyer's purchase of the Property is contingent upon the City receiving RCO's approval of the Property as satisfactory replacement property for the conversion at the Morrill Meadows-YMCA project. Seller hereby acknowledges this contingency, and the Buyer may elect to terminate this Agreement if it does not obtain such approval from RCO. Should any of the contingencies not be met prior to Closing, then this Agreement shall terminate and neither Buyer nor Seller shall have any further rights, duties or obligations hereunder, except that the Earnest Money in Escrow shall be immediately returned to Buyer. S. CONVEYA►NCE AND CONDITION OF TITLE. The title to the Property shall be conveyed by Seller to Buyer at Closing by Statutory Warranty Deed, free and clear of all liens, encumbrances or defects except those described in Schedule B, 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. General exclusions and exceptions common to the area and not materially affecting the value of or unduly interfering with Buyer's reasonable use of the Property shall be permitted. All monetary encumbrances and special exceptions listed in Exhibit "C", other than those specifically noted above, are to be removed on or before closing. A/ Buyer's Initials W_ Seller's Initials Real Estate Purchase and Sale Agreement Page 4 of 10 6. TITLE INSURANCE. At Closing, Buyer shall cause Ticor Title Insurance Company (Title Company), to issue standard coverage owner's policy of title insurance to Buyer in an amiount 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 escrow fee shall be paid equally by the Seller and the Buyer. Excise Tax, if applicable, shall be paid by Seller. Buyer shafl pay all recording costs, title insurance premium, 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 thie day of Closing, unless otherwise agreed. S. BROKER. Seller agrees to pay any commission in accordance with any listing or commission agreement to which Seller is a party. Buyer is not a party to any commission agreement regarding this real estate transaction, and shall not be responsible for any portion of any commission. 9. CLOSING OF THE SALE. WITH THE UNDERSTANDING THAT TIME IS OF THE ESSENCE FOR THIS AITMOPthis sale shall be closed by 5:00 P.M. on -7 or before 3 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, the Buyer and Seller will deposit, without delay, in escrow with Ticor Title Insurance Company (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. Buyer's Xnitiaislk Seller's Initia Real Estate Purchase and Sale Agreement Page 5 of 10 10. 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. 11. POSSESSION. Buyer shall be entitled to possession on Closing. 12. 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: None (c) that if the Property is leased, Seller will provide copies of each and every lease to Buyer within one working day upon request. 12. SELLER'S ENVIRONMENTAL REPRESENTATIONS. Seller represents that, to the best of Seller's knowledge, Seller is not aware of the existence of, nor has Seller caused or allowed to be caused, any environmental condition (including, without limitation, a spill, discharge or contamination) that existed as of and/or prior to Closing or any act of omission occurring prior to Closing, the result of which may require remedial action pursuant to any federal, state or local law or may be the basis for the assertion of any third party claims, including claims of governmental entities. This provision shall survive Closing and be in addition, to Seller's obligation for breach of a representation or warranty as may be set forth herein. 13. AS-IS. Except for those representations and warranties specifically included in this Agreement: (i) Seller makes no representations or warranties regarding the Property; (ii) Seller hereby disclaimis, and Buyer hereby waives, any and all representations or warranties of any kind, express or implied, concerning the Property or any portion thereof, as to its condition, value, compliance with laws, status of permits or approvals, existence or absence of hazardous material on side, Buyer's Initials Seller's Initials-IX W_ Real Estate Purchase and Sale Agreement Page 6 of 10 occupancy rate or other matter of similar or dissimilar nature relating in any way to the Property, including the warranties of fitness for a particular purpose, tenantability, habitability and use; (iii) Buyer otherwise takes the Property "AS IS;" and (iv) Buyer represents and warrants to Seller that Buyer has sufficient experience and expertise such that it is reasonable for Buyer to rely on its own pre- closing inspections and investigations. 11.4. DEFAULT AND ATTORNEY'S FEES. (al), Buyer's Default. If Buyer defaults hereunder, Seller's sole remedy shall be limited to damages against Buyer in the liquidated amount of the Earnest Money previously paid by the Buyer. Buyer and Seller intend that said amount constitutes liquidated damages and so as to avoid other costs and expenses to 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, the prevailing party shall be entitled to recover its reasonable attorneys' fees and costs. 15. NOTICE TO SELLER. This form contains provisions for an agreement for the purchase and sale of real estate. Buyer makes no warranty or representation of any kind that this form, or any of its provisions, is intended to meet the factual and legal requirements of a particular transaction, or that it accurately reflects the laws of the State of Washington at the time Seller enters into the Agreement. THIS AGREEMENT HAS SIGNIFICANT LEGAL AND FINANCIAL CONSEQUENCES. SELLER IS ADVISED TO SEEK INDEPENDENT LEGAL AND FINANCIAL COUNSEL REGARDING THESE CONSEQUENCES. 16. MERGER. The terms, conditions, and provisions of this Agreement shall be deemed mierged into the deed. VBuyer's lnitials� Seth's Initials Z- Real Estate Purchase and Sale Agreement Page 7 of 10 17. 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 g:iveni, to Buyer shall be addressed as follows: Julie Parascondola Parks Department Director City of Kent 220 Fourth Avenue South Kent, WA 98032 (b) All notices to be given to Seller shall be addressed as follows: Glenn Ransom 10040 SE 267 1h St Kent, WA 98030 (c) All notices to be given to Escrow Agent shall be addressed as follows: C6 V1 CN—\/ 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 accordanice with this section. 18. CITY COUNCIL ACTION REQUIRED. SELLER acknowledges that the closing of the transaction contemplated by this Agreement (the "Closing") is expressly conditioned on the City of Kent City Council's (the "City Council's") prior authorization to buy the Property under this Agreement ("Council Authorization"), which may or may not be granted in the City Council's sole discretion, The City of Kent shall not be liable or obligated for any burden or loss, financial or otherwise, Buyer's Initials--Qv— Seller's Initiald- Real Estate Purchase and Sale Agreement Page 8 of 10 incurred by SELLER as a result of the City Council's modification of the final terms and conditions of this Agreement, or the City Council's failure to grant the Council Authorization. 18,1 Seller's Waiver. SELLER expressly waives any claim against the City of Kent and its elected officials, officers, employees, representative and agents for any burden, expense or loss which SELLER incurs as a result of the City Council's failure to grant the Council Authorization. 19. 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. 20. 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. 21. REPRESENTATION OF AUTHORITY. Seller represents to Buyer that Seller is legally authorized to enter into this Agreement, to sell the Property, and to perform, obligations under the Agreement. Seller also represents that there is no pending or threatened litigation which would adversely affect the Property or Buyer's ownership thereof after Closing. 22. 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. 23. EXPIRATION OF OFFER. Seller shall have only until 5:00 pm on Apr, JI'D w 7—(9 to accept the Agreement as written, by delivering a signed copy thereof to the Buyer or Buyer's agent. If Seller does � Buyer's Initials Seller's Initiats Real Estate Purchase and Sale Agreement Page 9 of 10 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. BUYER: CITY OF KENT By Dana Ralph Its: Mayor Dated: ......... SELLER: X4, By: Z/ Glenn Ransom t, Dated': Buyer's Znitialsp Seller's Initials/s Real Estate Purchase and Sale Agreement Page 10 of 10 File No. 723077RT Exhibit A—Legal Description The East 3 Acres of the West 6 Acres of the following described property: The North Three- Quarters of the Northwest quarter of the Southwest quarter of Section 29, Township 22 North, Range 5 East, W.M. , in King County, Washington; Except the North 595 feet; And Except the South 30 feet conveyed to King County for Road by deed recorded under Recording No. 5323915. Situate in the County of King, State of Washington. EXHIBIT B 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 SELLER ABOUT THE CONDITION OF THE PROPERTY LOCATED AT/Q2¢QS,�zd;7a-h ✓ 1- , 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 THREE 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/ is not occupying the property. DATE/*'ird1 / SELLER• WELLER: Seller's Disclosure Statement - Page 1 of 11 Improved Ver. Effective 07-24-15 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 Yes [ J No [ ] Don't know A. Do you have legal authority to sell the property? If no, please explain. [ ] Yes K No [ ] 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 (4) Life estate? [ ] Yes [ ] No j Don't know *C. Are there any encroachments, boundary agreements, or boundary disputes? [ ] Yes [ ] No Don't know *D. Is there a private road or easement agreement for access to the property? [ ] Yes [ ] No 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 No [ ] Don't know *F. Are there any written agreements for joint maintenance of an easement or right-of-way? [ ] Yes [ ] No Don't know *G. Is there any study, survey project, or notice that would adversely affect the property? [ ] 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 [ ] No 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 recorded against the property? d 4,/040' DATE � "' �!2SELLER: � SELLER: Seller's Disclosure Statement - Page 2 of 11 Improved Ver. Effective 07-24-15 2. WATER A. Household Water (1) The source of water for the property is: Private or publicly owned water system [ ] Private well serving only the subject Property *[ ] Other water system [ ] Yes [ ] No [ ] Don't know * If shared, are there any written agreements? [ ] Yes [ ] No ;4'Don't know *(2) Is there an easement (recorded or unrecorded) for access to and/or maintenance of the water source? [ ] Yes [ ] No Don't know *(3) Are there any problems or repairs needed? Yes [ ] No [ ] Don't know (4) During your ownership, has the source provided an adequate year-round supply of potable water? If no, please explain. [ ] Yes M No [ ] Don't know *(5) Are there any water treatment systems for the property? If yes, are they [ ] Leased [ ] Owned. [ ] Yes KNo [ ] Don't know *(6) Are there any water rights for the property associated with its domestic water supply, such as a water right permit, certificate, or claim? [ ] Yes [ ] No [ ] Don't know (a)(a) If yes, has the water right, permit, N r certificate, or claim been assigned, transferred, or changed? [ ] Yes [ ] No [ ] Don't know AIIA (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)_ 114 0, , *(7) Are there any defects in the operation of the water system (e.g. pipes, tank, pump, etc.)? (If yes, please explain) B. Irrigation Water [ ] Yes [ ] No M Don't know (1) Are there any irrigation water rights for the property, such as a water permit, certificate, or claim? DATE• Wh X ArLLER,& ELLER: c Seller's Disclosure Statement - Page 3 of 11 Improved Ver. Effective 07-24-15 [ ] Yes [ ] No Don't know *(a) If yes, has all or any portion of the ll water right not been used for five or more successive years? [ ] Yes [ ] No �j Don't know *(b) If so, is the certificate available? (If yes, please attach a copy.) [ ] Yes [ ] No Don't know *(c) If so, has the water right permit, certificate, or claim been assigned, transferred, or changed? If so, explain: [ ] Yes i] 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 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/ON-SITE SEWAGE 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: [ ] Yes J' No [ ] Don't know B. If public sewer system service is available to the property, is the house connected to the sevyer main? If no, please explain. �G /S M 4-:�?i [ ] Yes No [ ] Don't know *C. Is the property subject to any sewage system fees or charges in addition to those covered in your regularly billed sewer or on-site s w e system maintenance service? DATE: rail SELLE SELLER: Seller's Disclosure Statement - Page 4 of 11 Improved Ver. Effective 07-24-15 D. If the property is connected to an on- site sewage system: [] Yes [] NoXDon't know *(1) Was a permit issued for its construction, and was it approved by the local health department or district following its construction? (2) When was it last pumped:S O/Zo/6 [ ] Yes XNo [ ] Don't know *(3) Are there any defects in the operation of the on-site sewage system? Don't know (4) When was it last inspected? By whom: Don't know (5) For how many bedrooms was the on-site sewage system approved? Bedrooms Yes [ ] No [ ] Don't know E. Are all plumbing fixtures, including laundry drain, connected to the sewer/on-site sewage system? If no, please explain: [ ] Yes [ ] No Don't know *F. Have there been any changes or repairs to the on-site sewage system? Yes [ ] No [ ] Don't know G. Is the on-site sewage system, including the drainfield, located entirely within the boundaries of the property? If no, please explain. [ ] Yes K No [ ] Don't know *H. Does the on-site sewage system require monitoring and maintenance services more frequently than once a year? If yes, please explain: NOTICE: IF THIS RESIDENTIAL REAL PROPERTY DISCLOSURE STATEMENT IS BEING COMPLETED FOR NEW CONSTRUCTION WHICH HAS NEVER BEEN OCCUPIED, THE SELLER IS NOT REQUIRED TO COMPLETE THE QUESTIONS LISTED IN ITEM 4. STRUCTURAL OR ITEM 5. SYSTEMS AND FIXTURES. 4. STRUCTURAL [ ] Yes No [ ] Don't know *A. Has the roof leaked within the last five years? [ ] Yes P< No [ ] Don't know *B. Has the basement flooded or leaked? [ ] Yes lid No [ ] Don't know *C. Have there been any conversions, _ ditions, or remodeling? DATE: *j2g-jxs/EILIERy5��_4 SELLER: Seller's Disclosure Statement - Page 5 of 11 Improved Ver.Effective 07-24-15 [ ] Yes [ ] No [ ] Don't know �//Q *(1) If yes, were all building permits 'J obtained? [ ] Yes [ ] No [ ] Don't know If yes, were all final inspections obtained? Yes [ ] No [ ] Don't know D. Do you know the age of the house? If YN yes, year of original construction: 7 [ J Yes [ ] No Don't know *E. Has there been an settling, slippage, or sliding of the property or its improvements? [ ] Yes [ ] No Don't know *F. Are there any defects with the following: (If yes, please check applicable items and explain.) ❑ Foundations ❑ Decks ❑ Exterior Walls ❑ Chimneys ❑ Interior Walls ❑ Fire Alarm ❑ Doors 0 Windows ❑ Patio ❑ Ceilings ❑ Slab Floors ❑ Driveways ❑ Pools ❑ Hot Tub ❑ Saunas ❑ Sidewalks ❑ Outbuildings El Fireplaces ❑ Garage Floors ❑ Walkways ❑ siding Other ❑ Wood Stoves ❑ Elevators ❑ Incline Elevators ❑ Stairway Chair Lifts ❑ Wheelchair Lifts [ ] Yes No [ ] Don't know *G. Was a structural pest or "whole house" inspection done? If yes, when and by whom was the inspection completed? [ ] Yes [ ] No [ ( Don't know H. During your ownership, has the property had any wood destroying organism or pest infestation? Yes [ ] No [ J Don't know I. Is the attic insulated? [ ] Yes b4 No [ ] Don't know J. Is the basement insulated? 5. SYSTEMS AND FIXTURES *A. If any of the following systems or fixtures are included with the transfer, are there any defects? If yes, please explain. [ ] Yes KNo [ ] Don't know e Electrical system, including wiring, switches, outlets, and service. [ ] Yes No [ ] Don't know • Plumbing system, including pipes, faucets, fixtures, and toilets. [ ] Yes No [ ] Don't know e Hot water tank [ ] Yes YJ No [ ] Don't know • Garbage disposal DATEAVA Z/ zO/ISELL SELLER: Seller's Disclosure Statement - Page 6 of 11 Improved Ver, Effective 07-24-15 [ ] Yes No [ ] Don't know . Appliances [ ] Yes No [ ] Don't know • Sump pump [ ] Yes No [ ] Don't know • Heating and cooling systems [ ] Yes No [ ] Don't know • Security system [ ] Owned [ ] Leased [ ] Other *B. If any of the following fixtures or property is included with the transfer, are they leased? (If yes, please attach copy of lease.) [ ] Yes No [ ] Don't know Security system [ ] Yes No [ ] Don't know Tanks (type): [ ] Yes No [ ] Don't know Satellite dish [ ] Yes No [ ] Don't know Other: *C. Are any of the following kinds of wood burning appliances present at the property? [ ] Yes No [ ] Don't know (1) Woodstove? [ ] Yes No [ ] Don't know (2) Fireplace insert? [ ] Yes No [ ] Don't know (3) Pellet stove? Yes [ ] No [ ] Don't know (4) Fireplace? [ ] Yes [ ] No [ ] Don't know Q�//� If yes, are all of the (1) woodstoves or (2) I fireplace inserts certified by the U.S. Environmental Protection Agency as clean burning appliances to improve air quality and public health? o! DATEAaku MKSELLER,.� � � � `SELLER: Seller's Disclosure Statement - Page 7 of 11 Improved Ver. Effective 07-24-15 �] Yes [ ] No [ ] Don't know D. Is the property located within a city, county, or district or within a department of natural resources fire protection zone that provides fire protection services? Yes [ ] No [ ] Don't know E. Is the property equipped with carbon monoxide alarms? (Note: Pursuant to RCW 19.27.530, seller must equip the residence with carbon monoxide alarms as required by the state building code.) Yes [ ] No [ ] Don't know F. Is the property equipped with smoke alarms? 6. HOMEOWNERS' ASSOCIATION/COMMON INTERESTS [ ] Yes � No [ ] Don't know A. Is there a Homeowners' Association? Name of the 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 0/4 *C. Are there any pending special assessments? [ ] Yes [ ] No [ ] Don't know #114 *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)? 7. ENVIRONMENTAL [ ] Yes ,< 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 J4 No [ ] Don't know *B. Does any part of the property contain fill dirt, waste or other fill material? DATE: C , SELLER: SELLER: Seller's Disclosure Statement - Page 8 of 11 Improved Ver. Effective 07-24-15 [ ] Yes [ ] No Don't know *C. Is there any material damage to the property from fire, wind, floods, beach movements, earthquake, expansive soils, or landslides? [ ] Yes [ ] No Don't know D. Are there any shorelines, wetlands, floodplains, or critical areas on the property? ] Yes [ ] No [ ] Don'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 to k , or contaminated soil or water? Q_ oj/ �j� , fIal [ ] Yes [ ] No 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 [ ] No Don't know *H. Are there transmission poles or other 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 [ ] No Don't know *J. 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 cellular telephone reception? S. MANUFACTURED AND MOBILE HOMES If the property includes a manufactured or mobile home, pCJ Yes [ ] No [ ] Don't know *A. Did you make any alterations to the h9me? If yes, please describe the alterations: _.kjad,L ru z z i, &Akyokm re&j l d Ir [ ] Yes [ ] No Don't know *B. Did the previous owner make any alterations to the home? [ ] Yes [ ] No [ ] Don't know A1/1 *C. If alterations were made, were permits or /`� variances for theses alterations obtained? DATE: 47 -'79]SELLER: SELLER: Seller's Disclosure Statefnent - Page 9 of 11 Improved ver. Effective 07-24-15 9. FULL DISCLOSURE BY SELLERS A. Other conditions or defects: [ ] Yes [ ] No 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. i DATE: SELLE.. SELLER: Seller's Disclosure Statement - Page 10 of 11 Improved Ver. Effective 07-24-15 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: SELLER: SELLER: Seller's Disclosure Statement - Page 11 of 11 Improved Ver. Effective 07-24-15 Brenda McCoy,Unit Manager and Senior Vice President Genevieve Tomberg„Senior Title Officer Kathy Hickey„Senior Title Officer Tonya Harris,Senior Title Officer Fonda Mills,Title Officer Fdwain F'ehn,s,Toth nffirrer 1501 411,Ave.,Spite 300 RAINIERTITLE Seattle WA 98101 Toll Free:(888)929-1999 Ph:(425)551.5501 Fax:(206)230-7779 Frnail:thetitleleafri@O rarniertnlecorn SCHEDULE A Carder Number: 723077RT Attn: Brian Higgins 1. Effective Date: June 13, 2017 at 8:00 A.M. 2. Policy or Policies to be issued: ALTA Homeowner's Policy (12/02/13) Amount: To Be Determined ST-Owners Standard Premium: To Be Determined Sales Tax-, To Be Determined Proposed Insured: To Be Determined ALTA Extended Coverage Loam Policy (06/2006) Amount: To Be Determined ST-tenders Extended Premium:: To Be Determined Sales Tax: To Be Determined Proposed Insured: To Be Determined 3. The estate or interest in the Fund described or referred to in this commitment is: FEE SIMPLE 4.. Title to the FEE SIMPLE estate or interest in the land is at the Effective Date vested in: Glenn, H. Ransom, as a separate estate 5. The land referred to in this Commitment is described in Exhibit A. Rainier Title, Argent for Stewart Title Guaranty Company By: Brenda McCoy, Unit Manager Page 1 RAINIER TITLE, LLC EXHIBIT A LEGAL DESCRIPTION The East 3 Acres of the West 6 Acres of the following described property: The North Three- Quarters of the Northwest quarter of the Southwest quarter of Section 29, Township 22 North, Range 5 East, W.M. , in King County, Washington; Except the North 595 feet; And Except the South 30 feet conveyed to King County for Road by deed recorded under Recording No. 5323915. Situate in the County of King, State of Washington. End of Schedule A Page 2 SCHEDULE B PART I I. The following are the requirements to be complied with: A. Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or interest to be insured. B. Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for record. NOTE: Effective January 1, 1997, and pursuant to amendment of Washington state statutes relating to standardization of recorded documents, the following format and content requirements must be met. Failure to comply may result in rejection of the document by the recorder. FORMAT: • Margins to be 3" on top of first page, 1" on sides and bottom, V on top, sides and bottom of each succeeding page. • Font size of 8 points or larger and paper size of no more than 8 '/2" by 14". • No attachments on pages such as stapled or taped notary seals, pressure seals must be smudged. INFORMATION WHICH MUST APPEAR ON THE FIRST PAGE: • Title or titles of document. If assignment or reconveyance, reference to auditor's file number or subject deed of trust. • Names of grantor(s) and grantee(s) with reference to additional names on following page(s), if any. • Abbreviated legal description (lot, block, plat name or section, township, range and quarter section for unplatted). • Assessor's tax parcel number(s). • Return address which may appear in the upper left hand 3" top margin. ll. Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of the satisfaction of the Company: A. 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 of record for value the estate or interest or mortgage thereon covered by this commitment. B. Any policy issued pursuant hereto will contain the Exclusions From Coverage and, under Schedule B, the standard exceptions as set forth and identified as to the type of policy on the attached Schedules of Exclusions and Exceptions. End of Schedule B Part 1 Page 3 Order Number: 723077RT SCHEDULE B PART 11 General Exceptions: Schedule B Exceptions appearing in ALTA Owner's Policy (6117/06)—Standard Coverage and ALTA Loan Policy(6/17106)—Standard Coverage: 1. Taxes or assessments which are not shown as existing liens by the public records. 2. (i) Unpatented mining claims; (ii) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (iii) water rights, claims or title to water; whether or not the matters described in (i), (ii), & (iii) are shown in the public records; (iv) Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes. 3. Rights or claims of parties in possession not shown by the public records. 4. Easements, claims of easements or encumbrances which are not shown by the public records. 5. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey and inspection of the premises and which are not shown by the public records. 6. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 7. Any service, installation, connection, maintenance, tap, capacity, construction or reimbursement charges for sewer, water, electricity or other utilities, or for garbage collection and disposal. 8. Any titles or rights asserted by anyone, including but not limited to persons, corporations, governments, or other entities, to tidelands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or gulf, or lands beyond the line of the harbor or bulkhead lines as established or changed by the United States Government, or riparian rights, if any. 9 Minerals of whatsoever kind, subsurface and surface substances, including but not limited to coal, lignite, oil, gas, uranium, clay, rock, sand and gravel in, on, under and that may be produced from the Land, together with all rights, privileges, and immunities relating thereto, whether or not appearing in the Public Records or listed in Schedule B. The Company makes no representation as to the present ownership of any such interests. There may be leases, grants, exceptions or reservations of interests that are not listed. Schedule B Exceptions appearing in ALTA Owner's Policy (6117106)—Extended Coverage: 1. Taxes or assessments which are not shown as existing liens by the public records. 2. (i) Unpatented mining claims; (ii) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (iii) water rights, claims or title to water; whether or not the matters described in (i), (ii), & (iii) are shown in the public records; (iv) Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes. 3. Any service, installation, connection, maintenance, tap, capacity, construction or reimbursement charges for sewer,water, electricity or other utilities, or for garbage collection and disposal. 4. Any titles or rights asserted by anyone, including but not limited to persons, corporations, governments, or other entities, to tidelands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or gulf, or lands beyond the line of the harbor or bulkhead lines as established or changed by the Unites States Government, or riparian rights, if any. 5 Minerals of whatsoever kind, subsurface and surface substances, including but not limited to coal, lignite, oil, gas, uranium, clay, rock, sand and gravel in, on, under and that may be produced from the Land, together with all rights, privileges, and immunities relating thereto, whether or not appearing in the Public Records or listed in Schedule B. The Company makes no representation as to the present ownership of any such interests. There may be leases, grants, exceptions or reservations of interests that are not listed. Schedule B Exceptions appearing in ALTA Loan Policy (6/17106) and ALTA Homeowner's Policy Of Title Insurance (02/03110) 1 Minerals of whatsoever kind, subsurface and surface substances, including but not limited to coal, lignite, oil, gas, uranium, clay, rock, sand and gravel in, on, under and that may be produced from the Land, together with all rights, privileges, and immunities relating thereto, whether or not appearing in the Public Records or listed in Schedule B. The Company makes no representation as to the present ownership of any such interests. There may be leases, grants, exceptions or reservations of interests that are not listed. Page 4 SCHEDULE B PART II (continued) Special Exceptions: 1. Payment of real estate excise tax, if required, pursuant to the authority of RCW Chapter 82.45, and subsequent amendments thereto. The property described herein is situated within the boundaries of local taxing authority of the City of Kent. As of the effective date herein, the real estate excise tax rate is 1.78%. 2. General taxes and charges: 1st half delinquent May 1, if not paid; 2nd half delinquent November 1, if not paid. Year: 2017 Amount billed: $5,036.95 Amount paid: $2,518.48 Amount unpaid: $2,518.47 Tax Account No.: 292205-9211 Levy code: 1525 Assessed value of land: $257,000.00 Assessed value of improvements: $132,000.00 Based on the Treasurer's records, the name and address of the last taxpayer/owner is: Glenn H. Ransom and Sharon A. Ransom 10040 S.E. 267th Kent, Wa. 98031 3. The matters relating to the questions of survey, rights of parties in possession, and unrecorded liens for labor and material have been cleared for the loan policy which, when issued, will contain the ALTA 9.3-06 Endorsement. 4. To help you avoid delays at closing, we would like to make you aware of our final recording run times: Regular recordings: King County: 2:30 pm Pierce County: 2:45 pm Snohomish County: 2:00 pm Monday through Thursday, 1:00 pm Friday KING COUNTY recordings are processed out of our Seattle office at 1501 4th Avenue, Suite 300. SNOHOMISH COUNTY recordings are processed out of our Everett office at 2722 Colby Avenue, Suite 125. PIERCE COUNTY recordings are processed out of our University Place office at 3560 Bridgeport Way W., Suite 2F. E-recordings: King County: Non-excise only, 3:30 pm Pierce County: 3:45 pm Snohomish County: 3:30 pm Monday through Thursday, 2:30 pm Friday NOTE: There is an additional $4.50 charge per document when E-Recording. When E- Recording documents requiring excise clearance (available in Snohomish and Pierce Counties only), checks must be made payable to"Rainier Title". Pierce County also charges an extra$0.50 for excise E-Recordings. Page 5 There is a$1.00 return mailing fee for King County and Snohomish County documents and a$2.00 return mailing fee for Pierce County Documents. Snohomish County E-Recordings are processed out of our Everett office at 2722 Colby Avenue, Suite 125. Pierce and King County E-Recordings are processed out of our University Place office at 3560 Bridgeport Way W., Suite 2F. 5. The legal description in this commitment is based upon information provided with the application for title insurance and the public records as defined in the policy to issue. The parties to the forthcoming transaction must notify the title insurance company, prior to closing, if the description does not conform to their expectations. 6. Deed of Trust and the terms and conditions thereof: Grantor: Glenn H. Ransom, an unmarried man as his separate estate Trustee: WFG National Title Ins. Beneficiary: Mortgage Electronic Registration System, Inc., acting solely as nominee for Boeing Employees Credit Union Original amount: $250,000.00 Dated: February 4, 2015 Recorded: February 10, 2015 Recording No.: 20150210000880 7. Terms and conditions of Decree of Dissolution: Petitioner: Glenn H. Ransom Respondent: Sharon A. Ransom Decree entered: December 3, 2014 Case No.: 14-3-05831-8 The decree provides, among other things, that: Glenn Ransom shall owe Sharon Ransom the following: $177,000( at an interest rate of 1.72%)to be paid in payments of no less than $800 every two weeks until paid in full. Early payments are permitted. (Payments started on 11 Sept. 2014). A lump sum of$50,000 on or before 90 days after dissolution of this marriage. 8. The policy requested in the application for insurance is ALTA Homeowner's Policy of Title Insurance for a One-to-Four Family Residence. Said policy is not available for this property because property is over two acres. The ALTA Owner's Policy as identified in Schedule A hereof will be issued. 9. We find no pertinent matters of record against the name(s) of the vested owners. 10. We find no conveyances within the last 36 months. NOTE: The Recording No. of the Deed under which title is held is: 8908021430. 11. The land described in this commitment appears to be residential in nature and may be subject to the provisions of RCW 6.13.060 (Homestead Statute), if the land is occupied as a primary residence. If the land is occupied as a primary residence, all instruments conveying or encumbering the land must be executed by each spouse, individually, or by an attorney-in-fact. In the event the Company receives instruments that are not joined by the non-owning spouse with possible homestead rights, the Company may be unable to record or to insure the transaction. 12. Title will be vested in parties yet to be disclosed. When title is vested, their title will be subject to matters of record against their names. Page 6 13. Right to make necessary slopes for cuts or fills upon the land herein described as granted to King County by deed recorded under Recording No. 5323915. 14. Sewer Latecomer Agreement and the terms and conditions thereof: Recorded: May 21, 2010 Recording No.: 20100521000674 End of Schedule B Part II Page 7 Additional Notes: A. Abbreviated Legal Description: Ptn. NW1/4, SW1/4, STIR 29-22-5E B. Property Address: 10040 S.E. 267th Street, Kent, WA 98032 C. Investigation should be made to determine if there are any service, installation, maintenance or construction charges for sewer, water, telephone, gas, electricity or garbage and refuse collection. D. To help conserve natural resources, we will automatically issue the forthcoming original policy(ies) electronically. Please provide us with a current e-mail address for the new owner and/or lender prior to closing or by emailing thetitleteam(&rainiertitle.com. A hard copy version may be issued upon request. E. Unless otherwise requested, the forms of policy to be issued in connection with this commitment will be ALTA 2006 policies, or in the case of standard lender's coverage, the CLTA Standard Coverage Policy —2006. The Owner's policy will automatically include the Additional Coverage Endorsement, when applicable, at no additional charge. The Policy committed for or requested may be examined by inquiry at the office which issued the commitment. A specimen copy of the policy form(s) referred to in this commitment will be furnished promptly upon request. F. In the event that the commitment jacket is not attached hereto, all of the terms, conditions and provisions contained in said jacket are incorporated herein_ The commitment jacket is available for inspection at any company office. G. The policy(s) of insurance may contain a clause permitting arbitration of claims at the request of either the insured or the company. Upon request, the company will provide a copy of this clause and the accompanying arbitration rules prior to the closing of the transaction. Page 8 STG Privacy Notice 2 (Rev 01126109) Independent Agencies and Unaffiliated Escrow Agents WHAT DO/DOES THE RAINIER TITLE LLC AND STEWART TITLE GUARANTY COMPANY DO WITH YOUR PERSONAL INFORMATION? Federal and applicable state law and regulations give consumers the right to limit some but not all': sharing. Federal and applicable state law regulations also require us: to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand how we use your personal information. This privacy notice is distributed on behalf of Rainier Title LLC and Stewart title Guaranty Company and its affiliates (the Stewart Title Companies), pursuant to Title V of the Gramm-Leach-Bliley Act (GLBA). The types of personal information we collect and share depend on the product or service that you have sought through us. This information can include social security numbers and driver's license number. All financial companies, such as Rainier Title LLC and Stewart Title Guaranty Company„ need to share customers' personal ( information to run their everyday business- to process transactions and maintain customer accounts. In the section below, we list the reasons that we can share customers' personal information, the reasons that we choose to share, and whether you can limit this � shoran ,,.n a ? ,1,��1✓/ /� /„/,<///�i,lil,ii/1/1.,,:1/��iiJu/��,u.,�i//1�,,,�,///i/1//,il�/r//i/r/��/// i/Uo%��///� r/I %l//(rl%% !l// For our everyday business purposes—to process your transactions and maintain your account. This may include running the business and managing Yes No customer accounts, such as processing transactions, mailing, and auditing services, and responding to court orders and legal investigations. For our marketing purposes—to offer our products and services to you. Yes No For joint marketing with other financial companies No We don't share For our affiliates'everyday lousiness purposes-----information about your transactions and experiences.Affiliates are companies related by common Yes No ownership or control. They can be financial and nonfinancial companies. For our affiliates'everyday business purposes—information about your N creditworthiness. o We don't share For our affiliates to market to you Yes No For nonaffillates to market to you. Nonaffiliates are companies not related by No We don't share common ownership or control. They can be financial and nonfinancial companies, _.. ......... We may disclose your personal information to our affiliates or to nonaffrliates as permitted by law, If you request a transaction with a nonaffiliate, such as a third party insurance company, we will disclose your personal information to that nonaffiliate.We do not control their subsequent use of information, and suggest you refer to their privacy notices. l//ol % / //r,/rl T / a// 0/1 / ////„//// ... of �//r!/�/� o / �� / / � / / //J% //� 11 / / /1///11,/ / ., 1 ,// / /,, r /,/,,,/i/ /,// //�/ / / , ,, / l///i / How often doldoes rainier Title LLC and We must notify you about our sharing practices when you request a transaction. Stewart Title Guaranty Company notify me about their practices? How do/does Rainier Title LLC and Stewart To protect your personal information from unauthorized' access and use, we use Title Guaranty Company protect my security measures that comply with federal and state law. These measures:include personal information? computer, file, and building safeguards, . ...., .. .. .. . ............ ... How do/does rainier Title LLC and Stewart We collect your personal information, for example,when you Title Guaranty Company collect my personal information? 0 request insurance-related services provide such information to us We also collect your personal information from others, such as the real estate agent or lender involved in your transaction, credit reporting agencies, affiliates or other companies. What sharing can 1 limit? Although federal and state law give you the right to limit sharing (e.g., opt out) in �, „,.. .,. _..... ...._ ._. _._.....,_ ._. instances, ,. _,.... ..y..,(EpR�..._ information in those instances certain instances we do not share our ersonal inform�mm ti � w ..w.m.. M111 If you have any questions aboutthis privacy notice, please contact us at: Stewart Title Guaranty Company, 1980 Post Oak Blvd, Privacy Officer, Houston, Texas 77056 Page 9 RAINIERTITLE Order No. 723077RT N ,N5 s 9.43 2 25 �vU . 3 AC 41 aS - 41 ttsunv__3o.;a.;.p, S.E.287TH.ST. "" i 1 .e �• 3D 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 location of boundaries. It is not a part of, nor does it modify, the commitment/policy to which it is attached. The Company assumes NO LIABILITY for any matter related to this sketch. Reference should be made to an accurate survey for further information. Page 10 COMMITMENT FOR T:ITLE INSURANCE Issued By RAI� NIERTITLE Stewart Title Guaranty Company stewcewt Vetted and verified, Form 1004-2511 (ReV. 06/2006) ORIGINAL Page 11 Stewart Title Guaranty Company, herein called the 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 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. This Commitment shall not be valid or binding until countersigned by a validating officer or authorized signatory. Stewart Title Guaranty Company NOTE: THE POLICY COMMITTED FOR MAY BE EXAMINED BY INQUIRY AT THE OFFICE OF RAINIER TITLE AND A SPECIMEN COPY OF THE POLICY FORM (OR FORMS) REFERRED TO IN THIS COMMITMENT WILL BE FURNISHED PROMPTLY UPON REQUEST. RAINIER TITLE IS AN ISSUING AGENT FOR Stewart Title Guaranty Company COMMITMENT CONDITIONS AND STIPULATIONS 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 fail 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 manner, 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. Page 12 SCHEDULE OF EXCLUSIONS FROM COVERAGE The matters listed below each policy form are expressly excluded from the coverage of that policy and the Company will not pay loss or damage,costs,attorneys' fees or expenses which arise by reason thereof. (a) created, suffered, assumed, or agreed to by the Insured AMERICAN LAND TITLE ASSOCIATION LOAN POLICY(6117106) Claimant; 1. (a) Any law, ordinance, permit, or governmental regulation (b) not Known to the Company, not recorded in the Public (including those relating to building and zoning) restricting, Records at Date of Policy, but Known to the Insured regulating,prohibition,or relating to Claimant and not disclosed in writing to the Company by (i) the occupancy,use,or enjoyment of the Land; the Insured Claimant prior to the date the Insured (ii) the character, dimensions, or location of any Claimant became an Insured under this policy; improvement erected on the Land; (c) resulting in no loss or damage to the Insured Claimant; (iii) the subdivision of land;or (d) attaching or created subsequent to Date of Policy (iv) environmental protection; (however, this does not modify or limit the coverage or the effect of any violation of these laws, provided under Covered Risk 9 and 10;or ordinances,or governmental regulations. This (e) resulting in loss or damage that would not have been Exclusion 1(a)does not modify or limit the coverage sustained if the Insured Claimant had paid value for the provided under Covered Risk 5. Title. (b) Any governmental police power. This Exclusion 1(b)does 4. Any claim, by reason of the operation of federal bankruptcy, not modify or limit the coverage provided under Covered Risk state insolvency, or similar creditors' rights laws, that the 6• transaction vesting the Title as shown in Schedule A,is 2. Rights of eminent domain. This Exclusion does not modify or (b) a fraudulent conveyance or fraudulent transfer;or limit the coverage provided under Covered Risk 7 or 8. (c) a preferential transfer for any reason not stated in 3. Defects,liens,encumbrances,adverse claims,or other matters Covered Risk 9 of this policy. (a) created, suffered, assumed, or agreed to by the Insured 5. Any lien on the Title for real estate taxes or assessments Claimant; imposed by governmental authority and created or attaching (b) not Known to the Company, not recorded in the Public between Date of Policy and the date of recording of the deed or Records at Date of Policy, but Known to the Insured other instrument of transfer in the Public Records that vests Claimant and not disclosed in writing to the Company by Title as shown in Schedule A. the Insured Claimant prior to the date the Insured AMERICAN LAND TITLE ASSOCIATION HOMEOWNER'S Claimant became an Insured under this policy; POLICY OF TITLE INSURANCE FOR A ONE-TO-FOUR FAMILY (c) resulting in no loss or damage to the Insured Claimant; RESIDENCE(12102113) attaching or created subsequent to Date of Policy In addition to the Exceptions in Schedule B,You are not insured (however, this does not modify or limit the coverage against loss,costs,attomeys'fees,and expenses resulting from: provided under Covered Risk 11, 13, or 14); 1.Governmental police power,and the existence or violation of or those portions of any law or government regulation concerning: (d) resulting in loss or damage that would not have been a.building; sustained if the Insured Claimant had paid value for the b.zoning; Insured Mortgage. c,land use; 4. Unenforceability of the lien of the Insured Mortgage because of d.improvements on the Land; the inability or failure of an Insured to comply with applicable e.land division;and doing-business laws of the state where the Land is situated. f.environmental protection. 5. Invalidity or unenforceability in whole or in part of the lien of the This Exclusion does not limit the coverage described in Covered Insured Mortgage that arises out of the transaction evidenced Risk 8.a., 14,15,16,18, 19,20,23 or 27. by the Insured Mortgage and is based upon usury or any 2.The failure of Your existing structures,or any part of them,to be consumer credit protection or truth-in-lending law. constructed in accordance with applicable building codes.This 6. Any claim, by reason of the operation of federal bankruptcy, Exclusion does not limit the coverage described in Covered Risk state insolvency, or similar creditors' rights laws, that the 14 or 15. transaction creating the lien of the Insured Mortgage,is 3.The right to lake the Land by condemning it.This Exclusion does (a) a fraudulent conveyance or fraudulent transfer,or not limit the coverage described in Covered Risk 17. (b) a preferential transfer for any reason not slated in Covered 4.Risks: Risk 13(b)of this policy. a.that are created,allowed,or agreed to by You, 7. Any lien on the Title for real estate taxes or assessments whether or not they are recorded in the Public imposed by governmental authority and created or attaching Records; between Date of Policy and the date of recording of the Insured b.that are Known to You at the Policy Date,but not to Mortgage in the Public Records. This Exclusion does not Us,unless they are recorded in the Public Records at modify or limit the coverage provided under Covered Risk the Policy Date; 11(b). c.that result in no loss to You;or AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY d.that first occur after the Policy Date-this does not limit (6/17106) the coverage described in Covered Risk 7,8.e.,25, 1. (a) Any law, ordinance, permit, or governmental regulation 26,27 or 28. (including those relating to building and zoning) restricting, 5. Failure to pay value for Your Title. regulating,prohibiting,or relating to 6. Lack of a right: (i) the occupancy,use or enjoyment of the Land; a.to any land outside the area specifically described and (ii) the character, dimensions, or location of any referred to in paragraph 3 of Schedule A;and improvement erected on the Land; b.in streets,alleys,or waterways that touch the Land. (iii) the subdivision of land;or This Exclusion does not limit the coverage described in Covered (iv) environmental protection; Risk 11 or 21 or the effect of any violation of these laws,ordinances,or 7.The transfer of the Title to You is invalid as a preferential transfer governmental regulations. This Exclusion 1(a)does not or as a fraudulent transfer or conveyance under federal modify or limit the coverage provided under Covered Risk bankruptcy,state insolvency,or similar creditors'rights laws. 5. SCHEDULE B GENERAL EXCEPTIONS (b) Any governmental police power. This Exclusion 1(b)does The matters listed below each policy form are expressly excepted not modify or limit the coverage provided under Covered Risk from the coverage of that policy and that policy does not insure 6• against loss or damage (and the Company will not pay costs, 2. Rights of eminent domain. This Exclusion does not modify or attorneys'fees or expenses)which arise by reason thereof. limit the coverage provided under Covered Risk 7 or 8. 3. Defects,liens,encumbrances,adverse claims,or other matters Page 13 SCHEDULE B EXCEPTIONS APPEARING IN ALTA OWNER'S POLICY—STANDARD COVERAGE AND ALTA LOAN POLICY— STANDARD COVERAGE 1. Taxes or assessments which are not shown as existing liens by the public records. 2. (i) Unpatented mining claims; (ii) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (iii) water rights, claims or title to water; whether or not the matters described in(i), (ii), & (iii) are shown in the public records; (iv) Indian tribal codes or regulations, Indian treaty or aboriginal rights,including easements or equitable servitudes. 3. Rights or claims of parties in possession not shown by the public records. 4. Easements, claims of easements or encumbrances which are not shown by the public records. 5. Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey and inspection of the premises and which are not shown by the public records. 6. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 7. Any service, installation, connection, maintenance, tap, capacity, construction or reimbursement charges for sewer, water,electricity or other utilities, or for garbage collection and disposal. 8. Any titles or rights asserted by anyone,including but not limited to persons, corporations, governments, or other entities, to tidelands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or gulf, or lands beyond the line of the harbor or bulkhead lines as established or changed by the Unites States Government,or riparian rights,if any. SCHEDULE B EXCEPTIONS APPEARING IN ALTA OWNER'S POLICY—EXTENDED COVERAGE 1. Taxes or assessments which are not shown as existing liens by the public records. 2. (i) Unpatented mining claims; (ii) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (iii)water rights, claims or title to water; whether or not the matters described in(i), (ii),&(iii)are shown in the public records; (iv) Indian tribal codes or regulations, Indian treaty or aboriginal rights,including easements or equitable servitudes. 3. Any service, installation, connection, maintenance, tap, capacity, construction or reimbursement charges for sewer, water, electricity or other utilities, or for garbage collection and disposal. 4. Any titles or rights asserted by anyone,including but not limited to persons, corporations, governments, or other entities, to tidelands, or lands comprising the shores or bottoms of navigable rivers, lakes, bays, ocean or gulf, or lands beyond the line of the harbor or bulkhead lines as established or changed by the Unites States Government,or riparian rights,if any_ SCHEDULE B EXCEPTIONS APPEARING IN ALTA LOAN POLICY(6117106)and ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE(12/02113) 1. Minerals of whatsoever kind, subsurface and surface substances, including but not limited to coal, lignite, oil, gas, uranium,clay,rock,sand and gravel in,on,under and that may be produced from the Land, together with all rights, privileges, and immunities relating thereto,whether or not appearing in the Public Records or listed in Schedule B. The Company makes no representation as to the present ownership of any such interests. There may be leases, grants, exceptions or reservations of interests that are not listed Page 14 ANT Records Management Document CONTRACT COVER SHEET This is to be completed by the Contract Manager prior to submission to the City Clerk's Office. All portions are to be completed. If you have questions, please contact the City Clerk's Office at 253-856-5725. ,Biue/Motion Sheet Attached M Pink Sheet Attached Vendor Name. Ransom Glenn y _...._.. . .:.� 11 e Vendor Number (JDE): Contract Number (City Clerk): Category: Purchase and Sale Agreement Sub-Category (if applicable) Other. -- Project Name: Ransom Property Acauisition (Upper Mill Creek) Contract Execution Date: 3/28/2018 Termination Date: N/A _. Contract Manager: Lynn Osborn/BL Department: Parks Contract Amount: $�890 000.00 Approval Authority: ❑ Director ❑ Mayor ® City Council Other Details ,Closing Docurn tents for acquisition by,, rks Departmen g� in County tax parcel 29226 9211, at 10040 SE 267" Street, 98032 in Kent. 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Ticor Title Company 10840 BE 208th St., Kent,WA 98031 Phone (253)631-3990 I FAX:(866)878-8977 ESTIMATED BUYER'S STATEMENT Settlement Date: April 19,2018 Escrow Number: 70091714 Disbursement Date: April 19,2018 Escrow Officer: Haley Barton Buyer: City of Kent C/o Kent Parks Dept,220 Fourth Avenue South Kent,WA 98032 Seller: Glenn H. Ransom 10040 Southeast 267th Street Kent,WA 98032 Property: 10040 Southeast 267th Street Kent,WA 98032 PTN SW 114,SEC 29-22N-5 E,W.M. $ DEBITS $ CREDITS FINANCIAL CONSIDERATION Sale Price of Property 890,000.00 Deposit 15,000,00 TITLE&ESCROW CHARGES Title-Escrow Fee Tcor Title Company 1,320.00 Title-Recording Service Fee to Simpli5le 8.80 Simplifile Title-Owner's Title Insurance Toot Title Company 2,032.80 Policies to be issued: Owners Policy Coverage. $890,000,00 Premium.$1,848,00 Version. ALTA Owner's Policy 2006 GOVERNMENT CHARGES Recording Fees Toot Title Company too King County 153,00 Deed $77.00 Deed $76.00 Subtotals 893,514,60 15,000,00 Balance Due FROM Buyer 878,514 60 TOTALS 893,514,60 593,51460 1 have carefully reviewed the Settlement Statement and to the best of my knowledge and belief,it is a true and accurate statement of all receipts and disbursements to be made on my account or by me in this transaction, I further certify that I have received a copy of the Settlement Statement. BUYER City of Kent a BY' Dal Mayor I have caused or will cause the funds to be disbursed m accordance with the Statement which I have prepared, To the best of my knowledge,the Settlement Statement which I have prepared is a true and accurate account of the funds which were received and have been or will be disbursed by the undersigned as/part of the settlement of this transaction. Tcor Title Company Settlement Agent Page 1 of 1 (70091714f76)April 19,2018 421 PM P MTICOR TITLE* CLOSING ESCROW CO A©ANY INSTRUCTIONS Ticor Title Company Date: April 16,2018 10840 SE 208th St, Escrow No.: 70091714-HNB Kent,WA 98031 Buyer(s): City of Kent Phone: (253)631-3990 Fax (866)878-8977 Seller(s): Glenn H. Ransom Property: 10040 Southeast 267th Street Kent,WA 98032 The undersigned purchaser and seller (referred to herein as "the Parties") hereby designate and appoint Ticor Title Company (referred to herein as "Escrow Holder") to act as their closing agent according to the following agreements and instructions. SELLER DEPOSITS SELLER herewith deposits with you under these instructions the following: 1. Purchase and Sale Agreement 2. Excise Tax Affidavit 3. Conveyance Deed and Excise Tax Affidavit which you are instructed to deliver, release and/or record when you have for the account of the Seller Eight Hundred Ninety Thousand And No/100 Dollars ($890,000_00) subject to any charges and/or credits authorized herein and PURCHASEFUBORROWER DEPOSITS PURCHASER herewith deposits with escrow: 1. Funds pursuant to the closing statement approved by the undersigned purchaser. 2. Earnest Money in the amount of Fifteen Thousand And No/100 Dollars($15,000.00) PURCHASER has paid outside of escrow NONE which sums and documents you are instructed to use. 1. TITLE INSURANCE. When you are able to close according to the terms and conditions set forth in the Purchase and Sale Agreement, and Addendums attached thereto if any, and in compliance with these Instructions,and issue your policy(or policies)of title insurance in the amount(or amounts)as follows: ALTA Owner's Policy 2006 in the amount of Eight Hundred Ninety Thousand And No/100 Dollars ($890,000.00) containing the insuring clauses, exceptions, exclusions, provisions, stipulations and legal descriptions as contained in commitment issued under number 70091714 which parties herein have read and approved, and a. Commitment dated April 3,2018 b. Conditions,restrictions or reservations as may be contained in the plat of Federal or State patents c. Matters attaching by,through or under the Grantee d. Special exceptions 1-6 and future taxes under the above commitment number. 2. SETTLEMENT STATEMENTS. You are instructed to disburse deposited funds pursuant to closing Statement(s) examined and approved by the parties hereto and by this reference made a part hereof. Certain items shown on the closing statements may be estimated only and the final figures may be adjusted to accommodate exact amounts required at the time of disbursement. It is the responsibility of the Parties to carefully review their closing Statement and notify Escrow Holder of any errors prior to or at signing. In the event the closing date changes,or other fees are incurred,the amounts will be adjusted at closing. Any errors discovered post-closing are still the obligation of the Parties. The Parties agree to cooperate with any request for the return of or remittance of additional funds owed pursuant to instructions and/or the mutually executed Purchase and Sale Agreement and any Addenda relating to this transaction. 3. APPROVAL OF DOCUMENTS. The undersigned have examined and hereby approve for use in this escrow the following documents as to content and form a. Conveyance Deed and Excise Tax Affidavit EI-Sale Pnnledi 04 16 18 0 01:13PMby HNB WA000006630oc/Updated: W2117 P.,1 WA-n-FNWT 0204066000&70091714 CLOSING ESCROW INSTRUCTIONS (continued) 4. PRORATIONS. You are instructed to prorate as of Date of Recording the following: a. REAL ESTATE TAXES b. and HOA Dues if applicable Assume a per diem basis in any pro-rate herein provided, except rents which shall be pro-rated on the thirty(30) day month,and unless parties otherwise instruct you,you are to use the information contained in the last available tax statement. 5,. TRUST ACCOUNT. All money received by you in this escrow is to be deposited in your trust account pending closing and does not accrue interest. 6. FUNDS/DOCUMENTS REQUIREMENT. You are instructed that all money and documents required by you herein shall be deposited with you on or before April 19,2018. If this escrow has not been placed in a condition to close by said date,the above items deposited by me(us)are to be returned to me(us)upon written demand,at which time Ilwe will pay all your charges in connection herewith, but in the absence of such written demand,you will proceed wnlh these instructions as soon as practicable.- 7. DEPOSIT OF FUNDS. All checks, cashiers check or wired funds will be processed for collection in the normal course of business. Escrow Holder may commingle funds received by it in escrow with escrow funds of others, and may, without limitation, deposit such funds in its custodial or escrow accounts with any reputable trust company, bank, savings bank, savings association, or other financial services entity, including any affiliate of Escrow Holder. It is understood that Escrow Holder shall be under no obligation to invest the funds deposited with it on behalf of any depositor,nor shall it be accountable for any earnings or incidental benefit attributable to the funds,which may be received by Escrow Holder while it holds such funds. 8. PURCHASE AND SALE AGREEMENT. These escrow instructions are not intended to amend, modify or supersede the terms and conditions set forth in the Purchase and Sale Agreement. Escrow is to be concerned only with the provisions specifically set forth in these instructions and identified by the Buyer and Seller as conditions to the closing of this escrow. All terms and provisions of the above agreements have been met to the satisfaction of all parties herein or will be complied with,outside of this escrow. 9. DISCLOSURE OF INFORMATION TO THIRD PARTIES. You are instructed to furnish to any broker or lender identified vnth this transaction or anyone acting on behalf of such lender, any information concerning this Escrow upon request of said broker or lender. 10, DISPUTES. Should any dispute arise between parties interested in property or funds covered by these instructions,you shall have the option to hold all matters pending in their then existing status or to join in or commence a court action,deposit the money and documents referred to herein into the Registry of the Court or upon holding this escrow open for determination of the rights of the parties,you will be relieved of all responsibility. It is further agreed that in the event of any suit or claim made against you by either or both parties to this agreement, that said parties shall be required to pay you all expenses, costs and reasonable attorney's fees in connection herewith, whether suit is instituted by you or any of the parties hereto. 11. FIRE INSURANCE. Purchaser(s) shall obtain new fire insurance coverage and seller is authorized to cancel their coverage upon receipt of net proceeds. 12. PERSONAL PROPERTY. Personal Property,if any,shall be transferred solely between the parties to this transaction outside of this escrow and Escrow Holder shall not be responsible for same. 13. UTILITIES. The undersigned hereby advises Escrow Holder that proration and payment of all utilities, including but not limited to, water sewer, garbage, electricity, gas and oil, will be handled between the parties outside of escrow. Escrow Holder shall not be responsible for determining whether any utilities charges are or may become due or for payment of any such charges, By signing these instructions,the undersigned hereby assume full responsibility for proration and payment, if any, of utilities as described above and as may be contained in the Purchase and Sale Agreement between parties. 14. COMPLETION OR CORRECTION OF DOCUMENTS. The Escrow Holder is instructed to correct any error found in any document deposited under these instructions, and to insert as necessary the closing date, the date on which interest begins to accrue, and the dates on which payments must be made, if such items are incomplete. 15,. PAYMENT OF OMITTED TAXES. If any additional real property taxes are assessed for recent improvements made to the property and not added to the tax rolls before the closing date,the parties shall pay their respective shares of such omitted taxes, pro-rated as of the closing date,within thirty(30)days after receipt of notification that such taxes have been assessed, The Escrow Holder shall not be responsible or liable for any assessment,collection or payment of omitted taxes. El-sale Pnnled. 04 1619 @ 01:13 PM by HNB WA00000663 doc I Updated:06 21.17 Page 2 WA Tr-FN WT-02640660009 70091714 CLOSING ESCROW INSTRUCTIONS (continued) 16. NON-RESIDENT ALIEN. The Foreign Investment in Real Property Tax Act(FIRPTA), Title 26 U.S.C., Section 1445, and the regulations there under, provide in part, that a transferee (buyer) of a U.S. real property interest from a foreign person must withhold a statutory percentage of the amount realized on the disposition, report the transaction and remit the withholding to the Internal Revenue Service (IRS)within twenty(20)days after the transfer, Ticor Title Company will not determine nor aid in the determination of whether the FIRPTA withholding provisions are applicable to the subject transaction,nor act as a Qualified Substitute under stale or federal law, nor furnish tax advice to any party to the transaction. Ticor Title Company will not determine nor aid in the determination of whether the transaction will qualify for an exception or an exemption and is not responsible for the filing of any tax forms with the IRS as they relate to FIRPTA,nor responsible for collecting and holding of any documentation from the buyer or seller on the buyer's behalf for the purpose of supporting a claim of an exception or exemption. Ticor Title Company is not an agent for the buyer for the purposes of receiving and analyzing any evidence or documentation that the seller in the subject transaction is a U.S. citizen or resident alien. Ticor Title Company is not responsible for the payment of this tax and/or penalty and/or interest incurred in connection therewith and such taxes are not a matter covered by the Owner's Policy of Title Insurance to be issued to the buyer. Ticor Title Company is not responsible for the completion of any IRS documents or related farms related to the referenced statute. The buyer is advised. they must independently make a determination of whether the contemplated transaction is subject to the withholding requirement, bear full responsibility for compliance with the withholding requirement if applicable and/or for payment of any tax,interest,penalties and/or other expenses that may be due on the subject transaction; and they are responsible for the completion of any and all forms,including but not limited to applicable IRS documentation,and the mailing of those forms, The Buyer is advised any forms, documents, or information received from Ticor Title Company is not tax or legal advice and should not be construed as such nor treated as a complete representation of FIRPTA requirements. Buyer should seek outside counsel from a qualified individual to determine any and all implications of the referenced statute. 1T REAL PROPERTY TRANSFER DISCLOSURE STATEMENT. Under Chapter 200, Laws of 1994 (Title 64 RCW) the seller may be required to provide the purchaser with a Real Property Transfer Disclosure Statement. Escrow Closer has not advised either party as to the scope of such rights or duties and has advised both parties to review these matters with an attorney of their choice, Purchaser hereby confirms to the Escrow Closer that any Real Property Transfer Disclosure Statement required by ROW 64 has been received by purchaser prior to the closing date. Escrow Closer has no duty to independently confirm such receipt by purchaser. 18. CONDITIONS OF PARTIES' AGREEMENT SATISFIED. All terms and conditions of the parties' agreement have been met to my satisfaction,or will be met,satisfied or complied with outside of escrow. 19. COLLECTED FUNDS. If funds for closing are tendered in a form other than wire transfer, Escrow Holder Will be unable to record and disburse until such time as all funds deposited are considered collected,. 20- PAYOFF STATEMENT. Seller has read and approved a copy of the payoff statement from BECU dated April 13,2018. 21. ESCROW HOLDER'S FEES AND EXPENSES. The Escrow Holder's fee is intended as compensation for services set forth in these instructions. If additional services are required to comply with any change or addition to the parties'agreement or these instructions, or as a result of any padys assignment of interest or delay in performance, the parties agree to pay a reasonable fee for such services. The parties shall also reimburse the Escrow Holder for any out-of-pocket costs and expenses incurred by it under these instructions. The Escrow Holder's fees,costs and expenses shall be due and payable on the closing date or other termination of the Escrow Holder's duties and responsibilities under these instructions,and shall he paid one-half each by buyer and seller unless otherwise provided in the parties'agreement. 22. INTERPLEADER ACTION: The principals hereto expressly agree that you, as Escrow Holder, have the absolute right at your election to file an action in interpleader requiring the principals to answer and litigate their several claims and rights among themselves and you are authorized to deposit with the clerk of the court all documents and funds held in this escrow. In the event such action is filed, the principals jointly and severally agree to pay your cancellation charges and casts,expenses and reasonable attorney's fees which you are required to expend or incur in such interpleader action,the amount thereof to be fixed and judgment therefore to be rendered by the court. Upon the filing of such action,you shall thereupon be fully released and discharged from all obligations imposed by the terms of this escrow or otherwise. 23. RIGHT OF RESIGNATION. Escrow Holder has the right to resign upon written notice delivered to the parties herein, If such right is exercised, all funds and documents shall be returned to the party who deposited them and Escrow Holder shall have no liability hereunder. ADDITIONAL INSTRUCTIONS PSA CONTINGENCIES HAVE BEEN MET: The undersigned hereby agree that all special conditions and contingencies of the Purchase and Sale Agreement,together with any and all addenda thereto,either have been or will be met to their satisfaction or waived..Ticor Title Company,as Escrow Holder,shall only be responsible for closing in accordance with the written terms of the Purchase and Sale Agreement and any otherwritten instructions deposited to escrow, The parties shall hold Ticor Title Company and its employees harmless from any claim resulting from the failure of any party to meet any additional conditions and/or contingencies. BUYERS PAYMENT OF TAXES DUE: The Buyers herein will be responsible for payment of real estate taxes which will become due and payable on or before October 31,2018. Escrow Holder as a courtesy will send a tax change notice to the Treasurer's office for future tax bills to be mailed to the Buyers at their address. Buyers El-Sale Pnnled. 041619 @ 01 13 PM by HNB WA66660063 doc Npdalyd O621.17 Pege3 WA TT02840 660DO9 70091714 CLOSING ESCROW INSTRUCTIONS (continued) herein are aware that this is a courtesy only and Escrow Holder shall not be held liable or responsible for any delinquent taxes,penalties and or interest that may become due because of nonpayment of taxes after closing. HOMEOWNERS INSURANCE-CASH SALE: Purchaser hereby acknowledges and understands that it is their sole responsibility to obtain adequate hazard/homeowners insurance coverage for the subject property. ESCROW AGENT AND TICOR TITLE COMPANY SHALL HAVE NO RESPONSIBILITY NOR LIABILITY for obtaining adequate hazard/homeowners coverage. THE PARTIES REPRESENT THAT THEY HAVE CONSULTED WITH SUCH INDEPENDENT LEGAL COUNSEL AND/OR TAX ADVISORS AS THEY DEEM ADVISABLE TO DETERMINE THE TAX AND LEGAL CONSEQUENCES OF THIS TRANSACTION AND THAT THEY ARE NOT RELYING ON THE ESCROW HOLDER, ITS OFFICERS AND EMPLOYEES FOR SUCH ADVICE. IT IS UNDERSTOOD AND AGREED BY THE UNDERSIGNED PARTIES THAT NO REPRESENTATIONS, WARRANTIES, OR ASSURANCES HAVE BEEN MADE BY THE ESCROW HOLDER, ITS OFFICERS, AND EMPLOYEES TO ANY OF THE UNDERSIGNED PARTIES WHICH ARE NOT EXPRESSED IN THE ESCROW INSTRUCTIONS AND THIS ADDENDUM. EACH OF THE UNDERSIGNED PARTIES IS RELYING UPON HIS JUDGMENT AND/OR THE ADVICE OF AN ATTORNEY,TAX ADVISOR, OR REAL ESTATE CONSULTANT IN EXECUTING THESE ESCROW INSTRUCTIONS AND THE RELATED DOCUMENTS IN THIS TRANSACTION. THE UNDERSIGNED HAVE READ AND FULLY UNDERSTAND THE FOREGOING CLOSING INSTRUCTIONS AND ALSO THE DECLARATION SET FORTH ABOVE AND AGREE TO THE SAME. END OF INSTRUCTIONS IN WITNESS WHEREOF,the undersigned have executed this document on the date(s)setforth below. SELLER(S): Glenn H. Ransom Date Forwarding Address: Phone Fax: Email: PURCHASER(S): City of Kent BY:�j� L.- q •L� Dana a¢ Date Mayor Date Date Date Forwarding Address. Phone: Fax Email. El-sale Primed 041613 @ 91-13 PM by HNB WA00000663doclUpdaled 052117 Page WA-TT-FNWT-02MO 66000970091714 FIDELITY NATIONAL FINANCIAL PRIVACY NOTICE Effective: May 1, 2015; Last Updated: March 1, 2017 At Fidelity National Financial, Inc.., we respect and believe it is important to protect the privacy of consumers and our customers. This Privacy Notice explains how we collect, use, and protect any information that we collect from you,when and to whom we disclose such information, and the choices you have about the use of that information. A summary of the Privacy Notice is below, and we encourage you to review the entirety of the Privacy Notice following this summary. You can opt out of certain disclosures by following our opt-out procedure set forth at the end of this Privacy Notice. Tunes of Information Collected. You may provide us Mow information 1s Collected. We may collect personal with certain personal information about you, like your information from you via applications, forms, and contact information, address demographic information, correspondence we receive from you and others related to social security number (SSN), driver's license, passport, our transactions with you When you visit our websites other government ID numbers and/or financial information., from your computer or mobile device, we automatically We may also receive browsing information from your collect and store certain information available to us Internet browser, computer and/or mobile device if you visit through your Internet browser or computer equipment to or use our websites or applications, optimize your website experience. Use of Collected information. We request and use your When Information Is Disclosed'... We may disclose your personal information to provide products and services to information to our affiliates and/or nonaffiliated parties you, to improve our products and services, and to providing services for you or us, to law enforcement communicate with you about these products and services agencies or governmental authorities, as required by law, We may also share your contact information with our and to parties whose interest in title must be determined, affiliates for marketing purposes. Choices With Your Information Your decision to Information From Children. We do not knowingly collect submit information to us is entirely up to you. You can information from children who are under the age of 13, and opt out of certain disclosure or use of your information or our website is not intended to attract children. choose to not provide any personal information to us. Privacy Outside the Wabsito We are not responsible for International Users. By providing us with your the privacy practices of third parties, even if our website information, you consent to its transfer, processing and links to those parties'websites. storage outside of your country of residence, as well as the fact that we will handle such information consistent with this Privacy Notice. The California Online Privacy Protection Aot. Some FNF companies provide services to mortgage loan servicers and, in some cases, their websites collect information on behalf of mortgage loan servicers. The mortgage loan servicer is responsible for taking action or making changes to any consumer information submitted through those websites Your Consent To This Privacy Notice. By submitting Access and Correction: Contact Us. If you desire to information to us or by using our website, you are contact us regarding this notice or your information, please accepting and agreeing to the terms of this Privacy Notice,. contact us at privaoy(@'}f9f.com or as directed at the end of this Privacy Notice. Privacy Statement Pnnted: 04.16 16 @ 01:13 PM by HNB VVA00000991,doc I Updated'. 06 21,17 Page 5 WA-TT-FNVVF-02840,660009-70091714 FIDELITY NATIONAL FINANCIAL PRIVACY NOTICE Effective: May 1, 2015; Last Updated: March 1, 2017 Fidelity National Financial, Inc. and its majority-owned subsidiary companies providing title insurance, real estate- and loan-related services (collectively, "FNF", "our" or"we") respect and are committed to protecting your privacy. We will take reasonable steps to ensure that your Personal Information and Browsing Information will only be used in compliance with this Privacy Notice and applicable laws. This Privacy Notice is only in effect for Personal Information and Browsing Information collected and/or owned by or on behalf of FNF, including Personal Information and Browsing Information collected through any FNF website, online service or application (collectively, the "website"). Types of Information Collected We may collect two types of information from you. Personal Information and Browsing Information. Personal Information. FNF may collect the following categories of Personal Information: contact information (e.g., name, address, phone number, email address), demographic information (e.g., date of birth, gender, marital status); social security number(SSN), driver's license, passport, and other government ID numbers; financial account information; and other personal information needed from you to provide title insurance, real estate- and loan-related services to you. Browsing Information. FNF may collect the following categories of Browsing Information: Internet Protocol (or IP) address or device ID/UDID, protocol and sequence information; browser language and type; domain name system requests; browsing history, such as time spent at a domain, time and date of your visit and number of clicks, http headers, application client and server banners; and operating system and fingerprinting data. How Information is Collected In the course of our business, we may collect Personal Information about you from the following sources: applications or other forms we receive from you or your authorized representative; the correspondence you and others send to us; information we receive through the Website, information about your transactions with, or services performed by, us, our affiliates or nonaffiliated third parties, and information from consumer or other reporting agencies and public records maintained by governmental entities that we obtain directly from those entities, our affiliates or others. If you visit or use our Website, we may collect Browsing Information from you as follows: Browser Lag Fifes. Our servers automatically log each visitor to the Website and collect and record certain browsing information about each visitor. The Browsing Information includes generic information and reveals nothing personal about the user. Cookies. When you visit our Website, a "cookie" may be sent to your computer. A cookie is a small piece of data that is sent to your Internet browser from a web server and stored on your computer's hard drive. When you visit a website again, the cookie allows the website to recognize your computer, Cookies may store user preferences and other information. You can choose whether or not to accept cookies by changing your Internet browser settings, which may impair or limit some functionality of the Website. Use of Collected Information Information collected by FNF is used for three main purposes: To provide products and services to you or any affiliate or third party who is obtaining services on your behalf or in connection with a transaction involving you. To improve our products and services, To communicate with you and to inform you about our, our affiliates' and third parties' products and services, jointly or independently. Privacy Statement Printed: 04 16 1E @ 01:13 PM by HNB WA00000991.dac/Updated: 0621,17 Page 6 WA-TT-FN Wi-0284D 660009-70091714 When Information Is Disclosed We may provide your Personal Information (excluding information we receive from consumer or other credit reporting agencies) and Browsing Information to various individuals and companies, as permitted by law, without obtaining your prior authorization. Such laws do not allow consumers to restrict these disclosures. Please see the section "Choices With Your Personal Information" to learn how to limit the discretionary disclosure of your Personal Information and Browsing Information. Disclosures of your Personal Information may be made to the following categories of affiliates and nonaffiliated third parties: to third parties to provide you with services you have requested, and to enable us to detect or prevent criminal activity, fraud, material misrepresentation, or nondisclosure; to our affiliate financial service providers for their use to market their products or services to you; to nonaffiliated third party service providers who provide or perform services on our behalf and use the disclosed information only in connection with such services; to nonaffiliated third party service providers with whom we perform joint marketing, pursuant to an agreement with them to market financial products or services to you, to law enforcement or other governmental authority in connection with an investigation, or civil or criminal subpoena or court order, to lenders, lien holders, judgment creditors, or other parties claiming an interest in title whose claim or interest must be determined, settled, paid, or released prior to closing; and other third parties for whom you have given us written authorization to disclose your Personal Information. We may disclose Personal Information and/or Browsing Information when required by law or in the good-faith belief that such disclosure is necessary to: comply with a legal process or applicable laws; enforce this Privacy Notice; investigate or respond to claims that any material, document, image, graphic, logo, design, audio, video or any other information provided by you violates the rights of a third party, or protect the rights, property or personal safety of FNF, its users or the public. We maintain reasonable safeguards to keep your Personal Information secure When we provide Personal Information to our affiliates or third party service providers as discussed in this Privacy Notice, we expect that these parties process such information in compliance with our Privacy Notice or in a manner that is in compliance with applicable privacy laws. The use of your information by a business partner may be subject to that party's own Privacy Notice. Unless permitted by law, we do not disclose information we collect from consumer or credit reporting agencies with our affiliates or others without your consent. We reserve the right to transfer your Personal Information, Browsing Information, and any other information, in connection with the sale or other disposition of all or part of the FNF business and/or assets, or in the event of our bankruptcy, reorganization, insolvency, receivership or an assignment for the benefit of creditors. You expressly agree and consent to the use and/or transfer of the foregoing information in connection with any of the above described proceedings We cannot and will not be responsible for any breach of security by a third party or for any actions of any third party that receives any of the information that is disclosed to us. Choices With Your Information Whether you submit Personal Information or Browsing Information to FNF is entirely up to you. If you decide not to submit Personal Information or Browsing Information, FNF may not be able to provide certain services or products to you. The uses of your Personal Information and/or Browsing Information that, by law, you cannot limit, include: for our everyday business purposes — to process your transactions, maintain your account(s), to respond to law enforcement or other governmental authority in connection with an investigation, or civil or criminal subpoenas or court orders, or report to credit bureaus, for our own marketing purposes; forjoint marketing with financial companies, and for our affiliates' everyday business purposes—information about your transactions and experiences. Privacy Statement Printed 04.16,18 @ 01:13 PM by HN6 WA00000991,doc/Updated 0621.17 Pagel WA-TT-FNWi-02840660009-70091714 You may choose to prevent FNF from disclosing or using your Personal Information and/or Browsing Information under the following circumstances ("opt-out"): for our affiliates' everyday business purposes—information about your creditworthiness, and for our affiliates to market to you. To the extent permitted above, you may opt-out of disclosure or use of your Personal Information and Browsing Information by notifying us by one of the methods at the end of this Privacy Notice. We do not share your personal information with non-affiliates for their direct marketing purposes. For California Residents: We will not share your Personal Information and Browsing Information with nonaffiliated third parties, except as permitted by California law. Currently, our policy is that we do not recognize "do not track" requests from Internet browsers and similar devices. For Nevada Residents You may be placed on our internal Do Not Call List by calling (888) 934-3354 or by contacting us via the information set forth at the end of this Privacy Notice. Nevada law requires that we also provide you with the following contact information: Bureau of Consumer Protection, Office of the Nevada Attorney General, 555 E Washington St., Suite 3900, Las Vegas, NV 89101; Phone number (702) 486-3132. email: BCP I NFO@ag.state.nv.us. For Ora on Residents: We will not share your Personal Information and Browsing Information with nonaffiliated third parties for marketing purposes, except after you have been informed by us of such sharing and had an opportunity to indicate that you do not want a disclosure made for marketing purposes. For Vermont Residents: We will not share your Personal Information and Browsing Information with nonaffiliated third parties, except as permitted by Vermont law, such as to process your transactions or to maintain your account. In addition, we will not share information about your creditworthiness with our affiliates except with your authorization. For joint marketing in Vermont, we will only disclose your name, contact information and information about your transactions. Information From Children The Website is meant for adults and is not intended or designed to attract children under the age of thirteen (13).We do not collect Personal Information from any person that we know to be under the age of thirteen (13) without permission from a parent or guardian. By using the Website, you affirm that you are over the age of 13 and will abide by the terms of this Privacy Notice. Privacy Outside the Website The Website may contain links to other websites. FNF is not and cannot be responsible for the privacy practices or the content of any of those other websites. International Users FNF's headquarters is located within the United States. If you reside outside the United States or are a citizen of the European Union, please note that we may transfer your Personal Information and/or Browsing Information outside of your country of residence or the European Union for any of the purposes described in this Privacy Notice. By providing FNF with your Personal Information and/or Browsing Information, you consent to our collection and transfer of such information in accordance with this Privacy Notice. The California Online Privacy Protection Act For some FNF websites, such as the Customer CareNet ("CCN"), FNF is acting as a third party service provider to a mortgage loan servicer. In those instances, we may collect certain information on behalf of that mortgage loan servicer via the website The information which we may collect on behalf of the mortgage loan servicer is as follows first and last name, property address; user name and password; loan number; social security number- masked upon entry; email address, three security questions and answers, and IP address. Privacy Statement Printed: 04 16,15 @ 01:13 PM by HNB WA00000991.doc/Updated: 06.21.17 Page 8 WA-TT-FNWT-02640 660009-70091714 The information you submit through the website is then transferred to your mortgage loan servicer by way of CCN. The mortgage loan servicer is responsible for taking action or making changes to any consumer information submitted through this website. For example, if you believe that your payment or user information is incorrect, you must contact your mortgage loan servicer. CCN does not share consumer information with third parties, other than (1) those with which the mortgage loan servicer has contracted to interface with the CCN application, or (2) law enforcement or other governmental authority in connection with an investigation, or civil or criminal subpoenas or court orders. All sections of this Privacy Notice apply to your interaction with CCN, except for the sections titled "Choices with Your Information" and "Access and Correction." If you have questions regarding the choices you have with regard to your personal information or how to access or correct your personal information, you should contact your mortgage loan servicer. Your Consent To This Privacy Notice By submitting Personal Information and/or Browsing Information to FNF, you consent to the collection and use of the information by us in compliance with this Privacy Notice. Amendments to the Privacy Notice will be posted on the Website. Each time you provide information to us, or we receive information about you, following any amendment of this Privacy Notice will signify your assent to and acceptance of its revised terms for all previously collected information and information collected from you in the future. We may use comments, information or feedback that you submit to us in any manner that we may choose without notice or compensation to you. Accessing and Correcting„lrtforlap.8tlpn,C9i7ITte7Ctmt)'S If you have questions, would like to access or correct your Personal Information, or want to opt-out of information sharing with our affiliates for their marketing purposes, please send your requests to privacy@ fnf.eoln or by mail or phone to: Fidelity National Financial, Inc. 601 Riverside Avenue Jacksonville, Florida 32204 Attn. Chief Privacy Officer (888) 934-3354 Privacy Statement Printed. 0416 16 @ 01.13 PM by HNB WA00000991.doc I Updated. 0621.17 Page 9 WA-TT-FN WT-02640 660009-70091714 When recorded return to: Brian Levenhagen City of Kent Go Kent Parks Dept,220 Fourth Avenue South Kent,WA 98032 STATUTORY WARRANTY DEED THE GRANTOR(S)Glenn H.Ransom,an unmarried man as a separate estate for and in consideration of Ten And No/100 Dollars($10.00),and other valuable consideration in hand paid,conveys,and warrants to City of Kent,a Washington municipal corporation the following described real estate,situated in the County of King,State of Washington SEE EXHIBIT"A''ATTACHED HERETO AND MADE A PART HEREOF Abbreviated Legal:(Required if full legal not inserted above.) PTN SW 114,SEC 29-22N-5 E,W.M. Tax Parcel Number(s): 292205-9211-02 Subject to. SEE EXHIBIT'B"ATTACHED HERETO AND MADE A PART HEREOF Dated. April 16,2018 Glenn H. Ransom State of WASHINGTON County of KING I certify that I know or have satisfactory evidence that Glenn H. Ransom is the person who appeared before me,and said person acknowledged that he signed this instrument and acknowledged it to be his free and voluntary act for the uses and purposes mentioned in this instrument. Dated, Name: Notary Public in and for the State of Residing at: My appointment.expires; ._. SlaWlary Warranty Deed(LPP 140i WADDg0059.doe l Updaled'. 1D.12.17 Pagel WA TT0284D.660009-ND91714 EXHIBIT"A" Legal Description THE EAST 3 ACRES OF THE WEST 6 ACRES OF THE FOLLOWING DESCRIBED PROPERTY: THE NORTH THREE-QUARTERS OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 29,TOWNSHIP 22 NORTH,RANGE 5 EAST,W.M., IN KING COUNTY, WASHINGTON; EXCEPT THE NORTH 595 FEET,AND EXCEPT THE SOUTH 30 FEET CONVEYED TO KING COUNTY FOR ROAD BY DEED RECORDED UNDER AUDITOR'S FILE NO. 5323915, SITUATE IN THE CITY OF KENT,COUNTY OF KING,STATE OF WASHINGTON. statutory warranty Deed(LPD 10-05) WA0600059.docl Updeled 101217 Paget WA4-FNW-0264066000370091714 EXHIBIT "B" Exceptions 1. Agreement,and the terms and conditions thereof. Executed by. Arthur E.Ripley and Dorothy W. Ripley,husband and wife,and Frankie J.Norman Keyes and J.G.Jacobson Recording Date: May 7, 1958 Recording No.: 4899269 Regarding: Share in the Construction of a Fence along both sides of the Roadway,Being 98th Place South 2. Right to make necessary slopes for cuts or fills upon property herein described as granted or reserved in deed In favor of: King County Recording Date: August 30, 1961 Recording No.: 5323915 3. Ordinance No.3171,and the terms and conditions thereof. Recording Date: July 28, 1994 Recording No.: 9407281510 4. Ordinance No.3207 and the terms and conditions thereof: Recording Date: February 17, 1995 Recording No.: 9502170637 S. Ordinance No.3855,and the terms and conditions thereof: Recording Dale: August 30,2007 Recording No,: 20070830002119 6, Sewer Latecomer Agreement and the terms and conditions thereof: Executed by: City of Kent,a Municipal Corporation and Kent Utilities,LLC,a Washington Limited Liability Corporation Recording Date: May 21,2010 Recording No.. 20100521000674 Statutory W.I.It,Deed(LPa 1C-05) WA0000059 Lop l Updated. 1012.17 Pa0e3 WA-TT-FNWr-02040 W0009-70091714 TIC OR TITLE COUNTY PROPERTY COMPAW TAX INFORMATION THE PROPERTY TAX ACCOUNT NUMBER IS: 29_2.2..05-9211-02 King County Treasurer 500 Fourth Avenue, Room 600 Seattle, WA 98104 Phone: (206)263-2890 THIS PARCEL IS PART OF A SEG. &A PARCEL NO. HAS NOT BEEN ASSIGNED YET N The next property tax due date is: October 31 2018 Subsequent taxes are to be paid by: Property Owner The owner of hand in the State of Washington is responsible for the payment of taxes levied against their real estate. You should verify the name and address on the treasurer's tax roles to ensure the correct delivery of our annual tax statement. If you do not receive a tax statement it is your responsibility to contact the appropriate County Treasurer's Officer If your taxes are to be paid by your mortgage company, you will not receive a tax statement they will receive the yearly tax information. IN WITNESS WHEREOF, the undersigned have executed this document on the date(s) set forth below. City of Kent '" BY: F� Dana Ralph Date Mayor Date Date Date County Property Tax Information Printed: 04 16 18 @ 01:14 PM by HNB WA00000742.doc I Updated 12..08,15 Page WA-TT-FNWr-02840.660009-70091714 QTICO "" ITLE° NOTICE OF COMPLIANCE 90 COM PAW WITH A.P.R. 12 Escrow No.: 70091714-HNB In accordance with the requirements of A.P.R. 12 of the Supreme Court of the State of Washington Ticor Title Company has the duty to inform you of the following. The Limited Practice Officer, Haley Barton, 11158, certified under the Limited Practice Rule for Closing Officers, may select, prepare and complete documents in a form previously approved by the Limited Practice Board for use in closing this transaction. The undersigned Limited Practice Officer makes the following disclosures: 1 That the Limited Practice Officer is not acting as the advocate or representative of either, or any, of the parties; 2. That the documents prepared by the Limited Practice Officer will affect the legal rights of the parties; 3. That the parties' interest in the documents may differ, 4. That the parties have the right to be represented by lawyers of their own selection, and 5. That the Limited Practice Officer cannot give legal advice to the manner in which the documents affect the parties. Each party is hereby advised to obtain the legal advice of independent counsel, or representation by legal counsel, in connection with the transaction to be closed. The Closing Officer must be advised if you wish to have your documents prepared by your attorney. The following documents have been prepared and selected by the Closing Officer: Statutory Warranty Deed Real Estate Excise Tax Affidavit By signing this Notice of Compliance, each party acknowledges: • The Closing Officer has not offered any legal advice or made a referral to any named attorney. • The Closing Officer has clearly requested seeking legal counsel if there are any questions or doubts concerning the transaction. IN WITNESS WHEREOF, the undersigned have executed this document on the date(s) set forth below. City of Kent t-1A1 BYD na Ralph Date Date Mayor Date Date Date Notice of Compliance with APR 12 Printed. 0416,1E @ 01:15 PM by HNB VVA00000326..doc/Updated'. 02..16,18 WA-TT-FN WT-02B40.660009-70091714 NOTICE OF COMPLIANCE WITH A.P.R. 12 (continued) Escrow No.: 70091714-HNB Ticor Title Company April 16, 2018 Signature Date e By: Haley Barton, 11158 Print Name Limited Practice Officer Print Title Notice of Compliance with APR 12 Printed: 04.16.18 @ 01:15 PM by HNB WAD0000326 doc!Updated: 02,16,18 WA-TT-FN WT-02840 660009-70091714 CERTIFICATION OF DUES Escrow No.: 70091714 Seller(s): Glenn H. Ransom Purchaser(s): City of Kent Property: 10040 Southeast 267th Street, Kent, WA 98032 x❑ There are no homeowner association dues and/or assessments. ❑ There are homeowners association dues and/or assessments in the amount of: $ per The undersigned purchasers are aware and agree to be responsible for payment of any dues in connection with the homeowners association. ❑ The undersigned purchasers and sellers agree to waive the services of the closing agent in administering the disbursement of closing funds necessary to satisfy unpaid charges assessed by the utility companies servicing the above referenced property. Closing Agent shall not be held liable or responsible in connection with payment of said utility bills now or hereafter the close of escrow. ❑X I/We, the undersigned Seller(s) certify that at this time there is no leased equipment on the premises, or any rental equipment, and that there is no equipment being purchased on any type of contract. IIWe further certify that any and all work requirements performed on the above property have been or will be paid by the time of closing, in full. IN WITNESS WHEREOF, the undersigned have executed this document on the date(s) set forth below. Dated this 16th day of April, 2018. SELLER(S): Glenn H. Ransom Date Certificaticn of Owes Primed', 04.16.18 @ 01:15 PM by HNB WA00000981.doc l Updated: U107,14 Page WA-TT-FNWr.02849660009-70091714 CERTIFICATION OF DUES (continued) BUYER(S): City of Ke J � By, LPLL4 Dana Ralph Date Mayor Date Date Date Certification of Dues Printed'. 04.16 18 @ 01.15 PM 6y HNB WA00000961.doc I Updated'. 01.07,14 Page 2 WA-TT-FNWT-02640.660009-70091714