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Home My WebLink AboutACQ2019-004 - Other - Puget Sound Energy, Inc. - Rainier Title Closing Documents - Willis-Naden Access Improvements Project - 07/23/2019Agreement Routing Form KENT For Approvals, Signatures and Records Management Thls form comblncJ & replaces thc Rcqucatfor Mayor's slgnaturc and contract covcr sheGt formj. (Print on pink or cherry colored paper) WasHtNoroN G oLea( Originator:Cheryl Rolcik-Wilcox Department:Public Works DateSent:7/LglLe Dote Required:7/22/L9 Authorized to Sign: Director or Designee 7]tmuyo, Date of Council Approval: 2/s/Ls Budget Account Number: R2OO7O/Ls-301s Grant? Type: l_J ves N/A No E .9flo ELorr Ety Ec EooL Ul Vendor Name:RainierTitle/@ Category:Purchase/Sale Vendor Number:Sub-Category Other Project Name:Willis-Naden Access Improvements * 9Sg rcd"U,f51til"_ Project Details:closing Documents for Escrow for purchase from puget sound Energy Agreement Amount: Basis for Selection of Contractor: Start Date:Termination Date: Notice required prior to disclosure?Yes Z*o Contract Number: gl .E*,toE laoL {JoEtrl UI 'o oE Date Received by City Attorney: +/tafzDtq Mtzt-- Comments: Date,Routed to the Mayor's Office: t ln/v\ Date Routed t /lHt to the City Clerk's Office:t Date Sent to Originator:tlt>l t1 Visit Documents.KentWA.gov to obtain copies of all agreements adccw22373_6_19 American Land Title Association ALTA Settlement Statement - Borrower Adopted 05-01-2015 Frle No./Escrow No.: 709687RT Officer/Escrow Officer; Jen nie Graddon Jennie Graddon 20435 72nd Ave. S. Bldg. 3 Ste. 155 Kent, WA 98032 (2531 216-1024 RAINIERTITLI Property Address:730 &710 NADEN AVENUE S. KENT, WA 98032 (K|NG) (242204-9097 -07, 242204-9055-07) Borrower:CITY OF KENT, AWASHINGTON MUNICIPAL CORPORATION Property & Acquisition Analyst 220 Fourth Avenue South Kent, WA 98032 Settlement Date: Disbursement Date 7 t23t2019 7t23t2019 Descilption Borrorver Debit Credit D€posits, Credits, Debits Sale Price of Properly $200,000.00 Deposit $5.000.00 Proralions Cily/Town Taxes 7/23i20'19 to 'll1/2020 @ $14.30t/ear $6 33 Countv Taxs 7/2312019 to 1/1/2020 O $606.96/Six lllonlhs $534.39 fitle Charges Title - Lendeis Title lnsurance to Rainier Tille, LLC Title - owneCs Tille lnsurance (ootional) to Rainier Title. LLC $662 00 Title - Settlemenl or closina fee to Rainier Tille. LLC , Kent $687 50 Title - Owne/s Premium Tax to Rainier Title. LLC $66 20 3overnment RecordinE and Transter Charqes Mortqaqe $150.00 $150.00 misc Easemenls Exhibit D1 & D2 to $250.00 $250 00 Deblt Credit iubtotals g?o2 i56 A'$5.000.00 )ue From Borower $197.3s6.42 Totals 920, 3s6 4)s202 356 42 Acknowledgement Well have carefully reviewed the ALTA Settlement Statement and find it to be a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction and further certify lhat I have received a copy of the ALTA Settlement Statement. We/l authorize Jennie Graddon to cause the funds to be disbursed in accordance with this statement. B0RR0WER(S) By: Dana Mayor SETTLEMENT COORDINATOR ti."'{*'u"" Jennie Graddon Page I of 1 File # 709687RT Printed on 7/19t2019 at 9:12 AM #*4)x-* RAINIERTITLE Rainier Title, LLC - Kent 2043572nd Ave. S., Bldg. 3 Ste 155 Kent, WA 98032 ALTA tD# 1083645 (253)216-0240 (P) (42s)329-2154 (F) kentescrow@ rain iertitle. com Date: 711912019 KEYBANK WIRE TRANSFER INSTRUCTIONS lf you are authorizing funds to be wired to escrow for closing, please direct the transfer as follows ,\,t. W-'--Bank: Account Name: Account Number: ABA / Bank Routing Number: SWIFT code for internationalwires Our Escrow Number: Transactee Name: Property Address: KeyBank 1301 sth Avenue 24th Floor Seattle, WA 98'101 Rainier Title, LLC 479681268427 125000574 KEYBU533 h 6u q'1 WIRE DETAILS MUST INCLUDE THE FOLLOWING REFERENCE INFORMATION OR BE SUBJECT TO REJECTION 709687RT City of Kent, a Washington municipal corporation 730 &710 Naden Avenue S., Kent, WA 98032 FUNDS MUST BE WIRED: ACH/Electronic Deposits are NOT accepted and will be reiected bv our bank. These instructions are for the Durpose of sendinq wire transfers onlv. Other forms of vment mav cause a closinq delav. **BE AWARE! Ortline hunking .fruud is ort the rise. IJ'.t'rtu receive un emuil amending our wire trsnsfbr instruttions, pleuse csll our o.f/ice inwrcdiulel!, to verifJ: lhe infttrmutiott prior to sending ./iutrls. Our ulire instructions rurell' change so iltr.l,devialion should he consiileretl suspicious.** ffi- RAINIERTITLE Rainier Title, LLC - Kent 2O43572nd Ave, S., Bldg.3 Ste 155 Kent, WA 98032 ALTA tD# 1083645 (253)216-0240 (P) (425)329-2194 (F) kentescrow@ra iniertitle. com July 19, 2019 Re: Escrow Number: Seller: Purchaser: Property Address DISCLOSURES TO THE PARTIES UNDER APR-12 709687RT Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation City of Kent, a Washington municipal corporation 730 & 710 Naden Avenue S., Kent, WA 98032 THIS NOTICE IS GIVEN IN COMPLIANCE WITH LIMITED PRACTICE RULE FOR LIMITED PRACTICE OFFICERS, KNOWN AS ADMISSION TO PRACTICE RULE 12 OR APR 12 PROMULGATED BY ORDER OF THE SUPREME COURT OF THE STATE OF WASHINGTON ln connection with the above transaction l, Jennie Graddon, an employee of Rainier Title, LLC, a lay person and not an attorney or lawyer, am a Llmited Practice Officer under APR 12 and licensed thereby to select, prepare and complete cefiain types of legal documenls incident to the closing of certain real estate and personal property transactions. Pursuant to said APR 12, you'are advis-ed as follows: 1. Agreement of the Parties. I understand the written agreement delivered to Rainier Title, LLC for closing contains the basic terms and conditions of the transaction and all the parties to the transaction have agreed thereto in writing. 2. Disclosure of the Parties. The scope of the service I am authorized to render to the parties pursuanl to APR 12 is limited to the selection, preparation and completion of documents in a form previously approved by the Limited Practice Board created by said APR 12 for use in closing a loan, extension of credit, sale or other transfer of real or personal property. The parties are further advised: I am not acting as the advocate or representative of either or any of the parties; The following documents will be selected, prepared or completed by me and will affect the legal rights of the parties LPO approved forms as identified in the Purchase and Sale Agreement and/or Lender instructions. The parties' interest in the documents may differ; The parties have a right to be represented by lawyers of their own selection; and I cannot give any legal advice as to the manner in which the documents may affect the parties. 3. Advice to Consult Counsel. lf any of the parties has any question whatsoever regarding such documents or instruments or what affect they may have upon his, her, their or its rights and interest such party should consult an attorney or lawyer of such party's choice, because neither I nor Rainier Title, LLC may lawfully advise any of the parties. a) b) c) d) e) i. n ".,,,*n7{* 'rrt '{'i'Y' r .1.: '1 \ __J Jennie Graddon, LPO # 2514 I have received and read a copy of the Disclosure, and understand its contents. Purchaser: City a Wash By: Dana Seller: Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation By: Catherine Koch, Director of Planning of Pugel Sound Energy, lnc. Escrow File No.: Buyer(s): Seller(s): EXHIBIT "A'' 709687RT City of Kent, a Washington municipalcorporation Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation LIMITED PRACTICE BOARD FORMS SECTION 1: MORTGAG LENDING DOCUMENTS All documents approved and designed for use by the Secondary Mortgage Market, including Notes, deeds of trust and riders. The Secondary Mortgage Market is defined as federally related institutions such as FNMA, FHLM, and GNMA except Regulation "2". SECTION 2: ESC ROW DOCUMENTS X LPB No. 10 Statutory Warranty Deed LPB No. 11 Statutory Warranty Deed (Fulfillment of REC) LPB No. 12 Quit Claim Deed LPB No. 13 Deed and Seller's Assignment of Contract LPB No. 14 Deed and Purchaser's Assignment of Contract LPB No. 15 Bargain and Sale Deed LPB No. 16 SpecialWarranty Deed LPB No. 20 Deed of Trust (Short Form) LPB No. 21 Assignment of Deed of Trust LPB No.22 Deed ofTrust LPB No. 22A Deed of Trust (with due on sale) LPB No. 23 Request for Full Reconveyance LPB No. 24 Request for Partial Reconveyance LPB No. 28A Promissory Note - LPB No. 29 Request for Notice LPB No. 30 Bill of Sale LPB No. 35 Subordination Agreement LPB No. 44 Real Estate Contract (Residential Short Form) LPB No. 45 Real Estate Contract (Long Form) LPB No. 50 Mortgage LPB No. 51 Satisfaction of Mortgage LPB No. 52 Partial Release of Mortgage LPB No. 60 Satisfaction of Lien LPB No. 61 Partial Release of Lien LPB No. 62 Satisfaction of Judgment LPB No. 63 Partial Release of Judgment LPB No. 64 Waiver of Lien LPB No. 65 Partial Waiver of Lien LPB No. 70 Special Power of Attorney (Sale) LPB No. 71 Special Power of Attorney (Purchase/Encumber) LPB No. 72 Use Tax Form LPB No. 73 Personal Property Security Agreement LPB No. 74-l6Personal Represenlative Deed X INITIALS SECTION 3: U.G.C. FORMS All u,c.c, filing forms accepted by washington state Department of Licensing SEGTION 4: Excise Tax Affidavit Forms; Department of Licensing Forms; Auditor's Cover Sheet; lnternally approved Security Agreement Forms SECTION 5: FARMERS HOME ADM|N|STRAT|ON FORMS All documents approved and designated for use by the United States Department of Agriculture Farmers Home Administration in connection with closing an FMHA loan on residential property. _tu RI\INIERTITLE Rainier Title, LLC - Kent 2043572nd Ave. S., Bldg.3 Ste 155 Kent, WA 98032 ALTA tD# 1083645 (253)216-0240 (P) (425)32e-21s4 (Fl kentescrow@rainiertiile. com Escrow File No.: Purchasers(s): Seller(s): 709687RT City of Kent, a Washington municipalcorporation Puget Sound Energy, lnc., formerly Puget Sound power & Light Company, a Washington corporation CLOSING AGREEMENT AND ESCROW INSTRUCTIONS For Purchase and Sale Transaction The undersigned buyer and seller (referred to herein as "the parties") hereby designate andappoint Rainier Title, LLC. (referred to herein as "the closing agent") to act as iheir closing and escrow agent according to the following agreements and instructions. IT IS AGREED, AND THE CLOSING AGENT IS INSTRUCTED, AS FOLLOWS; Terms of Sale. The terms and conditions of the transaction which is the subject of theseinstructions (referred to herein as "the transaction") are set forth in the parties' purchase and SaleAgreement, Earnest Money Agreement, or other written agreement, and any attachments, amendments oraddenda to that agreement (referred to herein as "the parties' agreement"), which is made a part of theseinstructions by this reference. lf the Purchase and Sale Agreement provides that a commission is due at closing, the Company will require payment of the commission according to the broker's demand, which will be furnished at the closing agent's request. Any changes to the partiei' agreement will be made a part ofthese instructions, without further reference, when signed by the partiei and delivered to the closing agent. These instructions are not intended to amend, modify or supersede the terms and conditions of theparties' agreement and if there is any conflict or inconsistency between these instructions and the parties' agreement, the terms and conditions of the parties' agreement shall control. Description of Real Property. The real property which is the subject of the transaction (referred to herein as "the property") is identified in the parties' agreement. The documents required to close the transaction must contain the "legal description" of the property. lf the parties' agreement does not yet contain the correct legal descriftion, the parties or the real estate agent should obtain an addendum setting forth the legal description as soon as possible and deliver it to the closing agent. Closing Date. Unless otheruvise described in the parties' agreement, the closing date shall be considered to be the date on which the legal documents are recorded and the funds are available for disbursement. Documents. The closing agent is instructed to select, prepare, complete, correct, receive, hold, record and deliver documents as necessary to close the transaction. The closing agent may request that certain documents be prepared or obtained by the parties or their attorneys, in which case the parties shall deliver the requested documents to the closing agent before the closing date. Execution of any document will be considered approval of its form and content by each party signing such document. Deposits and Disbursements of Funds. Before the closing date, each party shall deposit withthe closing agent all funds required to be paid by such party to cloie the transaction, less any earnestmoney previously deposited with the real estate agent. The closing agent is authorized, but not required,to consider a lending institution's written commitment to deposit funds as the equivalent of a depbsit oisuch funds, if all conditions of the commitment will be met on or before the closing date. All fundsdeposited with the closing agent shall be deposited in an escrow trust account with a nanX Ooing businessin the State of Washington - The parties hereby acknowledge that except as provided by Supreme Court Admission to practice Rule 12'1 and 12.1(h) adopted in 199s, the money deposited wiih ctosing agent by them in connectionwith this escrow will be further deposited into a non-inierest bearing acc6unl with a financial institution("the funds depository") whose deposits are covered by FDIC insurance. The parties further acknowledge Page 1 of 6 that in calculating the amount of available insurance, the FDIC will consolidate moneys deposited under this escrow with all other funds of the undersigned which are on deposit with the funds depository The parties do therefore release closing agent from any liability and assume all responsibility for any loss to themselves which may result from a lack of FDIC insurance in excess of $250,000 00. The parties acknowledge that the Closing Agent may receive incidental benefits from the financial institution based on the existence of its escrow trust account deposits The closing agent shall not be required to disburse any funds deposited by check or draft until it has been advised by its bank that such check or draft has been honored. RCW 18.44.070 provides thatan escrow agent shall not make disbursements until the next business day after the business day on which the funds are deposited unless the deposit is made in cash, by interbank electronic wire transfer, orin a form that permits conversion of the deposit to cash on the same day the deposit is made. All disbursements shall be made by the closing agent's check or, if the payee so instructs in writing, by electronic wire transfer Funds will be disbursed as quickly as possible foliowing closing. ln many instances disbursement will occur on the next business day, lnternational wire transfers may not be disbursed until the second business day following closing. Rainier Title will not be responsible for accrual of interest, late fees, or other charges for which you are responsible in the interim. Settlement Statement. The closing agent is instructed to prepare a preliminary, estimated settlement statement showing all funds deposited for the account of each of the parties and the proposed disbursements from such funds. No funds shall be disbursed until the parties have examined and approved the settlement siatement. Some items may be estimated, and the final amount of each estimated item will be adjusted to the exact amount required to be paid at the time of disbursement. The settlement statement will be subject to audit and any errors or omissions may be corrected at any time. lf any monetary error is found, the amount will be immediately paid by the party liable for such payment to the party entitled to receive it. Pro-rations. Adjustments or pro-rations of real estate taxes, and other charges if any, which appear on the Title Report, shall be made on the basis of a 365 day year, unless the closing agent is othenvise instructed in writing. Title Insurance. The closing agent shall order or obtain copies and fonvard to the parties as applicable, a Preliminary Commitment for the Title lnsurance on the property (referred to herein as "the title report"), together with copies of the exceptions noted thereon. The parties shall be responsible to review these items for accuracy, a verification of the legal description, and to determine their acceptability for purposes of closing. Verification of Existing Encumbrances. The closing agent is permitted to request a written statement from the holder of each existing encumbrance on the property, verifying its status, terms, balance owing and, if it will not be removed at closing the requirements that must be met to obtain a waiver of any due-on-sale provision. The closing agent is authorized to rely upon such written statements in the performance of its duties, without liability or responsibility for their accuracy or completeness. The Closing Agent may further rely upon any verbal update to a written payoff statement provided by an existing lender and the borrower agrees to indemnify Closing Agent for payoff amounts which may be regarded as incomplete or inaccurate by the lender upon receipt. Disclosure of lnformation to Third Parties. The closing agent is authorized to furnish, upon request, copies of any closing documents, agreements or instructions concerning the transaction to the parties' designated attorneys, and to their real estate agent, the designated lender, loan broker and tifle insurance company involved in the transaction. Records Retention. Unless otherwise prescribed by law, the closing agent may destroy after six(6) years from the closing date hereof, these and records, agreements and instruments relating to theclosing of this transaction, including all documentation and alcounting information, excluding however, any and all loan documents. Glosing Agent's Fees and Expenses. The closing.agent's fee is intended as compensation forthe usual closing services as set forth in these instructions. lf additional services are requested orrequired to comply with any change or addition to the parties' agreement or these instructions, or as aresult of any party's assignment of interest or delay in performance, tne parties agree to pay a reasonableadditional fee for such services. The parties shali also reimburse the closing ag6nt for any out-of-pocket Page 2 of 6 costs and expenses incurred by it under these instructions, including but not limited to excessive fax costs, electronic wire transfer costs and courier fees. Cancellation. These instructions may be canceled by a written agreement, signed by all of the parties, and payment of the closing agent's fees, costs and expenses. Upon receipt of such agreement and payment, the closing agent shall return any money or documents then held by it to the parties that deposited the same, and shall have no further duties or responsibilities under these instructions. lnability to Comply With lnstructions. lf the closing agent receives conflicting instructions or determines, for any reason, that it cannot comply with these instructions by the date for closing specified in the parties' agreement or in any written extension of that date, it shall notify the parties, request further instructions, and in its discretion: (1) continue to perform its duties and close the transaction as soon as possible after receiving further instructions, or (2) if no conflicting instructions have been received, return any money or documents then held by it to the parties that deposited the same, less any fees and expenses chargeable to such party, or (3) commence a court action, deposit the money and documents held by it into the registry of the court, and ask the court to determine the rights of the parties When the money and documents have been returned to the parties or deposited into the registry of the court, the closing agent shall have no further duties or responsibilities under these instructions. Disputes. Should any dispute arise between the parties, or any of them, and/or any other party, concerning the property or funds involved in the transaction, the closing agent may, at its sole discretion, hold all documents and funds in their existing status pending resolution of the dispute, or join or commence a court action, deposit the money and documents held by it with the court, and ask the court to determine the rights of the parties. Upon depositing said funds and documents with the court, the closing agent shall have no further duties or responsibilities under these instructions. The parties jointly and severally agree to pay the closing agent's costs, expenses and reasonable attorney's fees incurred in any lawsuit arising out of or in connection with the transaction or these instructions, whether such lawsuit is instituted by the closing agent, the parties, or any other person. Notices. Any notice, declaration or request made under these instructions shall be in writing, signed by the party giving such notice or making such declaration or request, and personally delivered or mailed to the closing agent and other parties. Amendments. Any amendment, addition or supplement to these instructions must be in writing, signed by the appropriate parties and delivered to the closing agent. Counterparts. These instructions may be executed in one or more counterparts with like effect as if all signatures appeared on one copy. MATTERS TO BE COMPLETED BY THE BUYER AND SELLER IMPORTANT-READ CAREFULLY The following items must be completed by the parties, outside of escrow, and are not part of the closing agents' duties under these instructions, lnspection and Approval of the Property. Any required inspections or approvals of the property or of improvements, additions or repairs to the property will be arranged and completed by the parties, outside of escrow. The closing agent shall have no liability with respect to the physical condition of the property, or any buildings, improvements, plumbing, heating cooling, electrical, septic or other systems on the property, and no responsibility io inspect the property, or to othenryise determine its physical condition, or to determine whether any required improvements, additions or repairs have been satrsfactorily completed. Undisclosed Sewer Charges. Buyer and seller acknowledge that the subject property may be located within one of those participating cities or sewer districts which have entered into a special contractual relationship with the Metro Council which may allow Metro to levy a fee or charge an additional service fee. Buyer and Seller agree that any adjustment shall be handled outside of closing and Escrow Closer shall be held harmless with respect to any such "capacity charge". Real Estate Disclosure. A Residential Real Estate Sales Disclosure may be required to be furnished by the seller to the buyer before the closing of the sale of subject property in accordance with Title 64 RCW, enacted 1994 and as amended. Escrow Closer has not advised either party as to the scope of such disclosure or the parties' rights or duties thereunder, but has advised both parties to review these matters with their real estate agent or an attorney of their choice. Escrow Closer is hereby assured by the buyer that any disclosure required, including any disclosure relative to Farm and Timber, Asbestos Page 3 of6 or Lead Base Paint, has been received and the appropriate time has expired and Escrow Closer has no duty to independently confirm such receipt and time expiration by buyer. Personal Property. Any required inspections, approvals or transfers of possession of any owned or leased fixtures, equipment or other items of personal property included in the transaction, and payment of any personal property, sales or use taxes, will be completed by the parties outside of escrow. Unless otherwise instructed in writing, the closing agent shall have no responsibility with respect to such personal property and shall not be required to determine the status or condition of the title to, encumbrances upon, ownership, or physical condition of such personal property, nor to calculate, pro-rate, collect, prepare returns for or pay any personal property tax, sales tax or use tax arising from the transaction. Utilities. lf the Purchase and Sale Agreement lists the names and addresses of public utilities which could claim a lien, the Closing Agent shall request statements for payment of final or estimated billings and is instructed to pay the amounts demanded by such designated public utilities. ln the event such designated public utilities do not provide the payment informatlon within the time allowances prescribed by law, Closing Agent shall have no further responsibility to the parties for the payment of said utilities, and shall not be required to pay them, and seller agrees to discharge said utilities outside of escrow. All other orders, cancellations, transfers, payments and adjustment of accounts for installation or service of water, sewer, garbage collection, electricity, gas, fuel oil, telephone, television cable and any other utilities for public services, including installation fees, will be completed by the parties outside of escrow. Unless specifically instructed in writing by one or more parties in accordance with State of Washington RCW 60.80, all orders, cancellations, transfers, payments and adjustments of accounts for water, sewer, garbage collection, electricity, gas, FUEL OlL, telephone, television cable and any other utilities or public services will be completed by the parties outside of escrow. Unless othenivise instructed, the closing agent shall have no responsibility to determine, collect, pay, pro-rate or adjust charges for installation or service for any utilities or public services, except to pro- rate existing recurrent assessments for public improvements if any, which may appear on the title report. Fire or Gasualty lnsurance. lf a new policy of fire, hazard or casualty insurance on the property is necessary to close the transaction, the buyer will arrange for the policy to be issued, and will provide evidence of the required insurance coverage to the closing agent before the closing date, together with a paid premium receipt or an authorization to pay the premium through escrow. Possession of the Property. The transfer of possession of the property shall be arranged between the parties, or through their respective real estate agents, outside of escrow, and shall not be the responsibility of the closing agent. Collection Account. lf any financing for the transaction will be provided by a private party, the parties are advised to open a collection account at a financial institution to receive and disburse payments to be made under the private promissory note or contract. The collection account shall be established by the parties outside of escrow and shall not be the responsibility of the closing agent. 1099-5 Reporting of Sellers Proceeds. ln compliance with the Tax Reform Act of 1986, lnternal Revenue Code Sections 6045(e), 6676, 6722, 6723, and 7203 and as further amended, seller shall provide all information necessary, including Seller's Taxpayer ldentification Number (TlN), for the preparation of a Form 1099-5 as required by the lnternal Revenue Service in connection with the closing and completion of the transaction. Closing agent reserves the right not to close the escrow if adequate information to complete Form '1099-5 is not provided by the seller. Foreign lnvestment in Real Property Tax Act. lf any seller is, or may be, a non-resident alien or a foreign corporation, partnership, trust or estate for the purposes of United States income taxation, the parties are advised to consult with their attorneys before the closing date to determine their responsibilities and liabilities, if any, under the Foreign lnvestment in Real Property Tax Act (Section 1445 et seq. of the lnternal Revenue Code). The closing agent is not required to verify the nationality or foreign status of any of the sellers, or to withhold, report or pay any amounts due under such act, unless directed by the parties in writing. However, the closing agent may request additional information or documentation concerning sellers' foreign status, and the parties agree to cooperate by providing such information and documentation. Approvals and Permits. The parties are advised to consult with their attorneys to determine whether any building, zoning, subdivision, septic system, or other construction or land use permits or approvals will be required, either before or after the closing date The closing agent shail have no responsibility with respect to any such permit or approval, and shall have no liability arising from the faiture Page 4 of 6 of any party to obtain, or from the refusal of any governmental authority to grant, any such permit or approval. Condominiums and Common lnterest Communities: A seller may be required to deliver a resale certificate or public offering statement to the buyer of a condominium unit prior to closing in accordance with RCW Chapter 64.34, known as the Condominium Act A seller may be required to deliver a public offering statement or resale certificate to the buyer of property within certain common interest communities prior to closing in accordance with Senate Bill b175, known as the Washington Uniform Common lnterest Ownership Act. Closing Agent cannot advise either party as to the scope of such requirements or the parties' rights or duties thereunder, but hereby advises both parties to review these matters with an attorney of their choice. Closing Agent has no duty to independently confirm such requirements, if applicable, witi be or has been met prior to closing. Compliance with Certain Laws. The parties are advised to consult with their attorneys to determine their rights and responsibilities, if any, under the Consumer Protection Act, Truth-in-Lending Act or other similar laws. The Closing Agent shall have no responsibility for the parties' compliance, noi any liability arising from the failure of any party to comply, with any such law. Additional Agreements, Instructions and Disclosures: Any additional instructions noted below or atlached by addenda are hereby incorporated into these instructions and made a part hereof. Purchaser City of Kent, a Washin mun By: R Seller Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation By: Catherine Koch, Director of Planning of Puget Sound Energy, tnc Accepted By: n Jerinie Graddon Rainier Title LLC Page 5 of 6 PRIVACY POLICY We Are Committed to Safeguarding Customer lnformation ln order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be concerned about what we will do with such information - particularly any personal or financial information. We agree that you have a right to know how we will utilize the personal information you provide to us. Therefore, we have adopted this Privacy Policy to govern the use and handling of your personal information. Applicability Depending upon which of our services you are utilizing, the types of nonpublic personal information that we may collect include: o lnformation we receive from you on applications, forms and in other communications to us, whether in writing, in person, by telephone or any other means;o lnformation about your transactions with us, our affiliated companies, or others, ando lnformation we receive from a consumer reporting agency. Use of lnformation We request information from you for your own legitimate business purposes and not for the benefit of any nonatfiliated party. Therefore, we will not release your information to nonaffiliated parties except: (1)as necessary for us to provide the product or services you have requested of us; or (2) as permttted by law. We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such information may be used for any internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of nonpublic personal information listed above to one or more of our affrliated companies. Such affiliated companies include frnancial service providers, such as title insurers, property and casualty insurers, and trust and investment advisory companies, or companies involved in real estate services, such as appraisal companies, home warranty companies and escrow companies. Former Customers Even if you are no longer our customer, our Privacy Policy will contrnue to apply to you. Confidentiality and Security We will use our best efforts to ensure that no unauthorized parties have access to any of your information. We restrict access to nonpublic personal information about you to those individuals and entities who need to know that information to provide products or services to you. We will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy. We currently maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information Page 6 of 6 RAINIERTITLE Escrow File No. Purchasers(s): Selle(s): Rainier Title, LLC - Kent 2043572nd Ave. S., Bldg. 3 Ste 155 Kent, WA 98032 ALTA tD# 1083645 {253)216-0240 (P) (425)329_2'194 (F) kentescrow@rainiertitle.com 709687RT City of Kent, a Washington municipalcorporation Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation Supplement.To AGREEMENT AND ESCROW INSTRUCTIONS For Purchase and Sale Transaction lncluding lnstructions to Record Documents and Disburse Funds This supplement is part of the Closing Agreement and Escrow lnstructions signed by the parties under the closing agent's escrow file number set forth above. Except as expressly modified, changed or amended by this supplement, all terms and conditions of the Closing Agreement and Escrow lnstructions, and any previous supplements, additions or amendments thereto, shall remain in effect. THE SELLER HAS OR WILL DEPOSIT THE FOLLOWING DOCUMENTS WITH THE CLOSING AGENT UNDER THESE INSTRUCTIONS: X Bargain & Sale Deed X Real Estate Excise Affidavit THE BUYER HAS OR WILL DEPOSIT THE FOLLOWING DOCUMENTS WITH THE CLOSING AGENT UNDER THESE INSTRUGTIONS: X X X X Real Estate Excise Affidavit X Sufficient Funds to Close BY SIGNING THIS DOCUMENT, EACH PARTY ACKNOWLEDGES: Conditions of Parties' Agreement Satisfied. All terms and conditions of the parties' Purchase and Sale Agreement have been met to my satisfaction, or will be met, satisfied or complied with outside of escrow, and closing agent shall not be further concerned. Title Report Approved. The Preliminary Commitment for Title lnsurance, including the legal description of the property and all attachments and supplements to that report, issued by Rainier Title, LLC under order number 709687RT are approved by me and made a part of these instructions by this reference. Settlement Statement Approved. The preliminary, estimated settlement statement prepared by the closing agent is approved by me, made a part of these instructions by this reference, and I agree to pay my costs, expenses and other obligations itemized on that statement. I understand that any estimated amounti will be ait.lusieO to reflect the exact amounts required when the funds are disbursed, that the settlement statement continues to be subject to audit at any time, and if any monetary error is found, the amount will be paid by the party liable for such paymeni to tne party entiled toreceive it. BY SIGNING THIS DOCUMENT, THE BUYER FURTHER ACKNOWLEDGES: Page I of 3 Property Approved. I have had adequate opportunity to review the seller's written disclosure statement, if any, and to inspect the property and to determine the exact location of its boundaries. The location and physical condition of the property and any buildings, improvements, plumbing, heating, cooling, electrical or septic systems on the property are approved. I understand that all inspections and approvals of the location and physical condition of the property are my sole responsibility, and are not part of the closing agent's duties and responsibilities. I hereby release and agree to hold the closing agent harmless from any and all claims of liability for loss or damage arising or resulting from any physical condition or defect on the property, or from the location of its boundaries. Assumed Encumbrances Approved. I have had adequate opportunity to review the terms of payment, interest rates and conditions of any existing notes, deeds of trust, mortgages, contracts, assessments, or other debts or obligations that I will assume and agree to pay in this transaction, and hereby approve the same. THE CLOSING AGENT IS INSTRUCTED TO PROCEED AS FOLLOWS: lnstructions to Close. The closing agent is instructed to perform its customary closing duties under these instructions, to deliver and record documents according to these instructions, and to disburse the funds according to the settlement statement, adjusting estimated amounts, when the closing agent has the documents required to close the transaction in its possession and has, or will obtain when the documents have been delivered and recorded: 1. Sale proceeds for the seller's account in the sum of $200,000 00, to be disbursed according to the setflement statement. 2. Loan proceeds for the buyer's account in the sum of , to be disbursed according to the settlement statement. 3. A policy of title insurance issued pursuant to the Preliminary Commitment for Title lnsurance referred to above, insuring the buyer with ALTA Standard Coverage Owner's Policy (06/2006)coverage with liability of not less than $200,000.00, having the usual clauses, provisions and stipulations customarily contained in the printed provisions and schedules of such policy forms, insuring the buyer's title to the property against all defects or encumbrances except those set forth in the printed exceptions and exclusions customarily contained in the printed provisions and schedules of such policy forms, matters attaching by, through or under the buyer, taxes not yet due, and the matters set forth in the following numbered paragraphs of Schedule B of the Preliminary Commitment for Title lnsurance 2nd 1 12 2019 , 7 17 4. Such other policies of title insurance as may be required by any lenders that are providing financing for the transaction, in accordance with instructions from them. Gompletion or Correction of Documents. The closing agent is permitted to correct any obvious or typographical errors found in any document deposited under these instructions, and to insert as necessary the closing date, the date on which interest begins to accrue, and the dates on which payments must be made, if such items are incomplete. lf necessary, the closing agent is authorized to substitute the vesting page of the executed conveyance deed to amend grantee's (buyer's) names and/or vesting in the event the buyer or their lender uses a different variation for final closing Adjustments and Pro-rations. The closing agent is instructed to adjust and pro-rate as of the closing date, real estate taxes for the current year, recurrent assessments if any. E-mail Transmission. Escrow Agent will communicate to the parties using e-mail if that address is provided by the parties on these instructions or on the P&SA given to the Escrow Agent, or if the parties communicate directly with the Escrow Agent using e-mail. Email transmission of any signed original document and retransmission of any signed email transmission, shall be the same as delivery of an original. Page 2 of 3 BY SIGNING THIS DOCUMENT, EACH PARTY ACKNOWLEDGES: Standard of Care. lt is agreed that closing agent, as escrow holder, shall be responsible only for the exercise of ordinary care in following the instructions contained herein and is hereby released from any further or additional liability. Seller agrees jointly and severally with buyer to indemnify and hold closing agent harmless from and against any loss or damage that may result from closing agent completing this transaction in accordance with these instructions, and to pay on demand all costs, damages, judgments, attorneys' fees, expenses, obligations and liabilities of every kind and nature suffered or incurred in connection with or arising out of this escrow except any liability founded upon failure to exercise ordinary care in following the instructions contained herein. Advice to Consult Counsel. lt is understood by the parties signing these escrow instructions or those instructions, which are attached or subsequent, hereto that such instructions constitute the whole agreement between closing agent and you as principal to the escrow transaction. These instructions may not include all the terms of the agreement, which is the subject of this escrow. Read these instructions carefully and do not sign unless they are acceptable to you. Review all questions of a legal nature with your own attorney. Condominiums and Common lnterest Communities: A seller may be required to deliver a resale certificate or public offering statement to the buyer of a condominium unit prior to closing in accordance with RCW Chapter 64.34, known as the Condominium Act. A seller may be required to deliver a public offering statement or resale certificate to the buyer of property within certain common interest communities prior to closing in accordance with Senate Bill 6175, known as the Washington Uniform Common lnterest Ownership Act. Closing Agent has not advised either party as to the scope of such requirements or the parties' rights or duties thereunder, but has advised both parties to review these matters with an attorney of their choice. Closing Agent is hereby assured by the buyer that any public offering statement or resale certificate required has been received and the appropriate time has expired and Closing Agent has no duty to independently confirm such receipt and time expiration. Bv our siqnature below we herebv desiqnate Rainier Title to be the closinq aqent. Purchaser/Borrower: City of Washingto nmu By: Dana Ral Seller Mayor Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation By: Catherine Koch, Director of Planning of Puget Sound Energy, lnc n Page 3 of 3 ffi- R/AINIERTITLE Rainier Title, LLC - Kent 2043572nd Ave. S., Bldg.3 Ste'155 Kent, WA 98032 ALTA ID# 1083645 (2531216-0240 (P) (425)329-2194 (F). kentescrow@rainiertitle.com 7119t2019 Escrow No.: Property Address 709687RT 730 &710 Naden Avenue S., Kent WA 98032 lmportant Notice to New Propefi Owners PROPERTY TAXE S Our experience has shown that many tax delinquencies occur during the first year of property ownership. As a new property owner, you should be aware of the manner in which real property taxes are currently billed and paid. Property taxes in allWashington counties may be paid in two equal installments. The first installment is due on nprit SOth anO payi for the period of January lstthrough June 30th. The second installment is due October 31st and pays for the period from July 1't through December 31sr. Taxes which become delinquent shall incur interest and penalty charges. Your property tax account number is 242204-9097-07,242204-9055-07 Your first tax payment will be due: October 3'1st 2019 Pursuant to the terms of your transaction: Unless your lender will collect reserves with your monthly payment and will pay taxes from your reserve account, you will be responsible for the payment of your taxes directly to the county when due. PLEASE NOTE - YOU MUST CONTACT THE TREASURER LISTED BELOW TO OBTAIN CURRENT TAX STATEMENTS AS THE COUNTY DOES NOT TRACK CHANGE IN OWNERSHIP lf your lender is collecting reserves, we suggest you call the county around the end of June and the end of December to confirm that your lender did in fact make payment to the county. The Office of Finance is responsible for the collection of property taxes. lf you have any questions regarding real property taxes or need a statement, please contact the appropriate Treasurer's office for the county in which your property is located. King County Treasury 500 Fourth Ave, Room 600 Seattle, WA 98104 (800) 325-6165 www. kingcounty.gov The undersigned understand(s) that even if he/she/they do not receive a tax payment notification from the county, it is still the owner's responsibility to pay the taxes when due, or interest and penalty charges will be assessed by the county. Closing Agent will not be held responsible for interest and penalties due on taxes not paid by the due date. Date: / City of Kent, a Washington municipal By Dana R , Mayor ration RAINIERTITLE July 19,2019 Escrow Number: Seller: Purchaser/ Borrower: Property Address: Rainier Title, LLC - Kent 2043572nd Ave, S., Bldg. 3 Ste 155 Kent, WA 98032 ALTA lD# 1083645 (253)216-0240 (P) (425)329-21e4 (F) kentescrow@rainiertitle.com Re 709687RT Puget Sound Energy, lnc formerly Puget Sound Power & Light Company, a Washirrgton corporatiorr City of Kent, a Washington municipal corporation 730 & 710 Naden Avenue S., Kent. WA 98032 The undersigned Purchase(s) and Selle(s) certify that all conditions included within and/or added to that certain Purchase and Sale Agreement dated 412912019, between the undersigned Purchase(s) and Selle(s) has/have waived, met or completed to their satisfaction. The undersigned hereby agree to the closing of the transaction in accordance with the purchase and sellers escrow instructions. PURCHASERS: City of Kent, a mu corporation By: Dana Mayor SELLERS Puget Sound Energy, lnc,, formerly Puget Sound Power & Light Company, a Washington corporation By: Catherine Koch, Director of Planning of Puget Sound Energy, lnc. RAINIERTITLE Rainier Title. LLC - Kent 2043572nd Ave. S., Bldg.3 Ste 155 Kent. WA 98032 ALTA tD# 1083645 (253)216-0240 (P) (42s)329_2194 (FJ kentescrow@rainiertitle.com UTILITY DISBURSEMENT AGREEMENT THIS AGREEMENT is made between Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation, (Seller), City of Kent, a Washington municipal corporation, (Buyer) and Rainier Title (Closing Agent) concerning Escrow File Number 709687RT, related to the following street address: 730 & 710 Naden Avenue S., Kent, WA 98032. WHEREAS, Washington law requires Escrow Agent to pay certain utilities that can become a lien through the date of closing if the Buyer requests. lf Buyer does not waive this requirement, the closing may not occur until Seller provides the required information and the designated utilities provide statements to Escrow Agent. NOW THEREFORE. for good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto agree and instruct Closing Agent as follows: '1. lf checked, the parties direct Closing Agent to disburse the closing funds necessary to pay utilities that have lien rights and that are designated by Seller. a. Pursuant to statute, the Seller must provide the names, addresses and account numbers of all utilities that can become a lien upon the land if not paid. Closing Agent is not responsible to determine the appropriate utilities to be paid. Seller acknowledges that prior to closing, Seller has provided a list of utilities to be paid. b. The Closing Agent may pay either the final statement of the utility company or the estimate of the utility company that is binding to the utility with respect to its lien rights against the Buyer. Seller understands that payment of the utility company's estimated statement allows the utility company to require further funds from Seller if the final billing is higher, and the utility company is responsible to provide refund to the Seller directly if the final billing is lower. c. The Closing Agent may be required to withhold an estimated amount from funds due to the Seller in order to pay the designated utilities. That withhold, if needed, will be disclosed on the Seller's setilement statement. The funds shall be held in a non interest-bearing trust account until such time as the Closing Agent may determine and pay the amount claimed due and refund the balance to the Seller. lf the withheld funds are insufficient, Seller agrees to deposit the additional amount within 7 days after notice. d, lf Seller did not designate one or more utilities that have a lien right against the owner of ihe property, Seller remains liable to the Buyer to pay all utility charges due by the owner of the property through the date of closing of the sale and will hold Closing Agent harmless from responsibility for the payment or for administering any reimbursement due to Buyer. X 2. lf checked, the parties do not request Closing Agent to pay utilities. Buyer hereby waives the statutory duty of Closing Agent to pay Seller's utilities. a. Seller acknowledges the Selleis obligation at the time of sale to pay all utility charges that are due by the owner of the land through the date of the closing. Seller agrees to satisfy any such liens or charges outside of closing. b. Seller remains liable to the Buyer to pay all utility charges due by the owner of the property through the date of closing of the sale, and to promptly reimburse Buyer for any amount Buyer pays that became due before the closing. Both parties hold Closing Agent harmless from responsibility for reimbursement to the parties claimed to be due after the closing date. Buyer and Seller understand and agree that Escrow does not handle the transferring of utilities. lt is the sole responsibility of the Buyer and Seller to ensure all utilities have been transferred at closing. Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation Date By: By: Catherine Koch, Director of Planning of Puget Sound Energy, lnc. Buyer authorizes Closing Ageni to provide the following foruarding information to utilities providers as requested: t' Phone Number (lf different from prooertv address) Email Address Street Address City State zip Buyer signature Date Buyer signature Date WHEN RECORDED RETURN TO:Name: City of Kent, a Washington municipatcorporationAddress: City Clerk, 220 4th Ave S Kent, WA 98032 Escrow Number: 709687RT Filed for Record at Request of: Rainier Title, LLC BARGAIN AND SALE DEED THE GRANTOR(S), Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation, Per Seller Returned info Deed will be signed by Catherine Koch, Director of Planning of Puget Sound Energy, lnc., for and in consideration of Ten dollars and Zero cents ($10.00) and other good and valuable consideration in hand paid, bargains, sells and conveys to City of Kent, a Washington municipal corporation the following described real estate, situated in the County of King, State of Washington: See affached Exhibit A, whieh is made a part hereof by this reference. Abbreviated Legal: Ptns E1l2 at NW1/4 and E1l2 of SW 1/4, STR 24-22-4 Tax Pa rcel N u m ber(s) : 242204-9097 -07, 242204-9055-07 Dated: July 19, 2019 Signalure ond Nolary- follow on ne-rt pflge LPB l5-05(r) rev. 4/2009 This poge is ufloched lo and made a port of the Borgain ond Sole Deed Puget Sound Energy, lnc., formerly Puget Sound Power & Light Company, a Washington corporation By Catheri ne Koch, Director of Planning of Puget Sound Energy, lnc STATE OF Washington coUNTY OF King ss' I certify that I know or have satisfactory evidence that Catherin Koch (is/are) the person(s) who appeared before me, and said persons (s) acknowledged that (he/she/they) signed this instrument and acknowledge it as the Director of Puget Sound Energy, lnc., a Washington corporation to be the free and voluntary act of such party(ies) for the uses and purposes mentioned in this instrument. Dated Name: Notary Public in the State of Residing in My Commission Expires: LPB 15-05 (r) rev. 10/2016 Exhibit A Legal Description. The following described real estate, situated in the County of King, State of Washington: PARCEL A. That portion of the 100 foot Seattle-Tacoma lnterurban Railway, lying between the South boundary line of W. Meeker St. and the North boundary line of W. Willis St., being situated within the Southeast quarter of the Norlhwest quarter and the Northeast quarter of the Southwest quarter of Section 24, Township 22 North, Range 4 East, W.M. EXCEPT THAT portion conveyed to the State of Washington by deed recorded under Recording No.6041077. AND EXCEPT that portion conveyed to the State of Washington by Judgment and Decree of Appropriation as disclosed by King County Superior Court Cause No. 656683. PARCEL B: An irregular tract of land situated in the Northeast quarter of the Southwest quarter of Section 24, Township 22 North, Range 4 East, W.M., in King County, Washington, described as follows: Beginning at a point which is 500.09 feet West of the Southwest corner of Block 21, Plat of Yesler's First Addition to Kent, according to the plat thereof recorded in Volume 5 of Plats, page 64, records of King County, Washington, and measured along the North boundary line of W. Willis St.; thence continuing West along the North boundary line of said W. Willis St. 60.04 feet; thence North 398 feet; thence East 20.8 feet; thence South 05'53'00" East 400 feet to the point of beginning. EXCEPT THAT portion conveyed to the State of Washington by deed recorded under Recording No.6041077. AND EXCEPT that portion conveyed to the State of Washington by Judgment and Decree of Appropriation as disclosed by King County Superior Court Cause No. 656683. Subject To: Relinquishment of all easements existing, future or potential, for access, light, view and air, and all rights of ingress, egress and regress to, from and between the land and the highway or highways to be constructed on land conveyed by deed:To: State of WashingtonRecorded: April26, 1966 Recording No.: 6041077 Easement and the terms and conditions thereof:Grantee: State of WashingtonPurpose: Frontage road Area affected: a portion of said premisesRecorded: February 6, 1967 1 2. LPB 15-05 (r) rev. 10i2016 3. Recording No 6146237 Agreement and the terms and conditions thereof:Recorded: September 14,1972 Recording No.72051 40523 Regarding:Recreation trails Agreement and Easement for Sewer lnterceptor and the terms and conditions thereof:Recorded: October B, 1975 Recording No.: 7510080544Regarding: Sewer interceptor Easement and the terms and conditions thereof:Grantee: King CountyPurpose: Recreational Easement Area affected: a portion of said premisesRecorded: November rc, rcT7 Recording No 77111 00684 Amendment and assignment and assumption agreements recorded under recording Nos. 9005240661, 9504100634 and 950b030241. The description contained therein is not sufficient to determine it's exact location within the property herein described. Easement and the terms and conditions thereof:Grantee: City of KentPurpose: Drain pipe Area affected: a portion of said premisesRecorded: October 30, 1gB0 Recording No.: 80100300487 Easement and Agreement and the terms and conditions thereof:Recorded: September 3,1982 Recording No.: 8209030002Regarding: Access The description contained therein is not sufficient to determine it's exact location within the property herein described. E 4 6. 7 8. I Matters set forth by survey Recorded: Recording No.: September 1, 1993 930901 9009 Easement deed by court order and the terms and conditions thereof:Recorded: August 16,2013 Recording No.: 20130-816000781Regarding: Telecommunications f 0. Easement deed by court order and the terms and conditions thereof:Recorded: November 15,2013 Recording No.: 2i.9],311150}1267 LPB 15-05 (r) rev. 10/2016 Regarding Telecommunications 11. Easement deed by court order and the terms and conditions thereof:Recorded: April 16,2014 Recording No.: 201404160*00165Regarding: Telecommunications End of Exhibit A LPB 15-05 (r) rev. 10/2016 fr;*n*u \tn\hinqND 5!rtt' Pl.l:ASI; ]'YPl: OR PRINT REAL ESTATE EXCISE TAX AFFIDAVIT .rrrir rirrn is,,.ur rcccirilvrr.r CHAPTER 82.45 RCW - C:HAPTER 458-6lA WAC sranrpei{ b. cashicr.'ilils AIl'lDA\jrt \r:tLl_ \()r' BL,\('('nPTED ti\l.Ess.\t,L.\Rr:.\s o\..\t.l_ p.rcrs,\RE r('t_r,\'co\tpl.r:ft:D (Sle back oflost pn-!c lor rrsrrucriorrs) hLrr il'ti Street address of propcrt\730 & 710 Nrdcn Avenue S.. Kent. IVA 98032 'l his properlr is located in ('it) ot'Kcnl ATI'ACHED EX}{IBIT A Selcct l.and tisc ('odc(s): 49 l-ist all pcrsonal propcn) (tarBiblc artl irtauitrlc) inuluclcd in sclling pricc. (Scc back of last pagc lbr inslructions) Was thc scllcr rccciving a prepcrtl,la\ cxenrption or dct'crral undcr chaptcrs {1416, 84-.}7. or 8.118 RC W (norprollt organizatjoD. scnior citi/-en or disablcd pers(rl. hurco\\ [cr $ ith linlil('d irrconrc)'l Il claiming an c\ctrrption. list WAC nunrbcr irnd rcason lir-escmlttion: WA(' No. { ScctionjSubseclion) YES NC) tl txt YI:S NO Is this propcrt] dcsignatcd as ti)rcst land pff chaptcr ll,l.3.l IICW'I I I { X I Isthisprt4rcrlr'classifiedascilrrentilscloDcilspacc.litnnand t I t\j ls Ihi\ propcrl).' recci\ rng spccial \ ahral ron rs hislorictl pr{)pert\ pcrchaptcr8.1:6Rtw, I I I^I lfanv ansuers are tes. contpletc ns instructcd hclorv. (r) \oTr( E or. ('oN ilNt:.\N(:t; (t;oRust l,r\ND oR ctrRREliT I s[) NE\\t OWNER(S): l-o continuc rhc currcnt dcsignalion as fbrcst ]ud or classilication as currcnl usc {()pcrl spacc. lhrn and agriculturc. or limber) land. you musl sign on (3) below. I he court.r asscssor must then detcflninc il'the land transl'effcd continucs k) qualili and rvill indicate t)) signing bclo\\'. Iftlre land no longcr qualilies or lou do not \ish to corltinue thc dcsignation or classillcation. it rvill bc rcmovcd and thc conlpensating or a(lditional taxcs rill bc duc and palablc h1 thc scllcr or triinsl'cror at thc tinle ol' sale. ( It( \\r 8+.3-1. I {0 or R('W 8-l,l.t. I 08). Prior to signing 13) bclorr. lou nrd\ cont(icl J-our local count) asscssor fbr nrorc intbrmation. This land [ ] does [ ] does not qualifl, {br continuance. I)F.PU'l Y r\SSl:SSOlt (2) NOTTCE OF COMPLTANCE (HtSTORtC pROpERry) NEW O\\,'Nt-lR(S): To continue special valuation as historic proper[. sign (3) below. lfthc n$r o\r,ncr(si do not sish to conlinuc. all additional ta\ calculatcd pursuant to chaptcr'8+.26 l{CW. shtrll be duc and payable bl the seller u transleror at the lilne 01'salc. ol {;rantor or Grrntor's,\gcnt Nanrc (print) Dale & cil) ol'sigring: 0.0000 *l)clinqucnt lntcrcst: Starc Local +[)elinquent Penallr' Subtotal *Statc'l'cchnologl' liec +Alfidavit Proccssing ljcc 'I otal lhe I{casrx lbr cxcnrDtion: I tpc of I)0cunlcnt I)fltc ol'[)ocuDrcnt Bargain and Sale Deed .lu11- l9th.20l9 (iross Sellirrg Pricc *l'crsonal l'ropert;' lileduct) [)xcnrption Clainrcd {dcduct) 1'arnble Sclling Pricc s200,000.00 s200.000.00 l:\cisc Ia\: Stllc [.ocal $2,s60.00 $r.000.00 sJ.560.00 $5.00 $3,56s.00 (J) OWNER(S) STGNATURI .\ \il\nll lt FEII oF st0.00 ts Dl,E tN FEtds) AND/OR TA\ PRtN't'NAtltE *st:E tNs'tRtJ( ttoNs r ( ERTIt\ t|\DER PE\Al.l l Or Pt:R.tt'ttl l ll,\1 1 llI tolu]cotN(; ts IRI,E,r\D coRRu( 1' Signalurc ofCrflntee or Cr{nter's .,\geilt Pugtt Soutrd 0nrrgl. lrc,, fornterl,r Puget Sound Porvrr & |.irhl ( odnrnr,- a corDoration \;dnrc (print)( ih ofKrilr-,nuniciDal rorDorati{rn l)ale & cit) ol'sigriilg:A,'?z'Lq Puget Sound Energy. lnc., formerlv Puget Sound a Wash&a WasNa[]r of J Senior Rcal Estate Representativc. PO Box | , If C l\4riling Addrrss 970J4 / EST-06E I . Ett -tt d f, Cirv,sratcrzip Bellevue. WA 98009 | ! !\'l t'none 1.1,,.: {lncluJrns arca cr)dc) I I N.lai I ing Addrcss City Clr!!20 'lth Ave S Phonc No.: (lnolilding arcil c()dc) ( it\';'Statc/Zip Kent. lVA 98032 Scnd all property ta\ correspondctrrc to \ Sante as lJu-\'erlGrantcc Name: illailing Address: City/State/Zip: Phone No. (including orer code): H l-rsl all rcal and pcrsonill propcrtl- ta\ parccl acceunl nuntbc$ check btrr ilpcrstrnal propcrtl' l-l:l0J-9097-r)7 :,1?2ru-q{}ii-{}l I 52(, fine in an arloilnt llxed bv thc court of not nlorc than livc thousand dollars ($5.000.00). or bv borh inrDrisorrrcrr and linc (li.('$Jcar5.0 b\ a RIV Ii4 0001a (2,l4tl.l)Il{ls sPA('F. TRtAStJltFirt S listi oNt.y 9A.20.020 ( t( )). EXHIBIT A PARCEL A: That portion ofthe 100 foot Seattle-Tacoma Interurban Raihvay. lying between the South boundary line ofW. Meeker St. and the North boundary line of W. Willis St.. being situated r.vithin the Southeasr quarter of the Northwest quarter and the Northeast quarter ofthe Southrvest quarter olsectiorr 24, Township 22 North, Range 4 East, W.M. EXCEP'| THAT ponion conveyed to the State ofWashington by deed recolded under Recording No. 604 1 077, AND EXCEPT that portion conveyed to the State of Washington by Judgrnent and Decree of Appropriation as disclosed by King County Superior Court Cause No. 656683. PARCEI- B: An inegular tract of land situated in the Nonheast quafier ofthe Southwest quarler of Section 24. Torvnship 22 North, Range 4 East. W.M., in King County, Washington, dcscribed as tbllows: Beginning at a point which is 500.09 feet West of the Southwest corner of Block 2 I . Plat ol Yesler's Firct Addition to Kent. according to the plat thereofrecorded in Volurne 5 of Plats. page 64, records of King County, Washington. and measured along the North boundary line of W. Willis St.; thence continuing West aiong the North boundary line of said W. Willis St. 60.04 feet; thence Nofih 398 feeti thence East 20.8 feet; thence South 0-5o5i'00".Easr 400 feet to the point ofbeginning. EXCEPT THAT portion conveyed to the State of Washington by deed lecorded under Recording N o. 6041077 . AND EXCEPT that poltion conveyed to the State ofWashington by Judgrnent and Decree ofAppropriation as disclosed by King County Superior Court Cause No. 656683. Situate in the County of King, State of Washington