Loading...
HomeMy WebLinkAboutCAG2024-441 - Original - Ruth Waller - 115 Naden Avenue South - 9/18/24 FOR CITY OF KENT OFFICIAL USE ONLY Sup/Mgr: Agreement Routing Form DirAsst: • For Approvals,Signatures and Records Management Dir/Dep: KENT This form combines&replaces the Request for Mayor's Signature and Contract Cover (optional) WASHINGTON Sheet forms. (Print on pink or cherry colored paper) Originator: Department: Samantha Smith for Tammy White Law Date Sent: Date Required: c 09/16/2024 9/17/24 Q Mayor or Designee to Sign. Date of Council Approval: Q Interlocal Agreement Uploaded to Website WIII go 9/17/24 Budget Account Number: Grant? Yes No�✓ Budget? Yes E]No Type: N/A Vendor Name: Category: Ruth Waller Purchase/Sale Vendor Number: Sub-Category: Original 0 Project Name: 115 Naden Avenue South Property Purchase cProject Details: Purchase and Sale Agreement for Ruth Waller related to 115 c Naden Avenue South Property Purchase 40 c (11.111 Basis for Selection of Contractor: Agreement $140,000 Other E *Memo to Mayor must be attached i Start Date: Termination Date: a Local Business? Yes WINo*If meets requirements per KCC 3.70.100,please complete"Vendor Purchase-Local Exceptions"form on Cityspace. Business License Verification: ❑Yes In-Process F1 Exempt(KCC 5.01.045) Authorized Signer Verified Notice required prior to disclosure? Contract Number: Yes❑No CAG2024-441 Comments: Purchase and Sale Agreement still subject to Council approval. OK to sign, 9/16/24. � c 3 0 N a Date Received:City Attorney: Date Routed:Mayor's Office 9/18/24 livy Clerk's Offic!9/18/24 adccW22373_7_20 Visit Documents.KentWA.gov to obtain copies of all agreements rev.20221201 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 REAL ESTATE PURCHASE AND SALE AGREEMENT This Agreement is entered between the CITY OF KENT, a Washington municipal corporation, ("Buyer") whose mailing address is 220 4t" Avenue South, Kent, Washington 98032-5895, and Ruth Waller ("Seller") whose mailing address is 758 Norman Ave NE, Salem, Oregon 97301, for the sale and purchase of real property as follows: 1. PROPERTY. The Property, which Buyer agrees to buy and Seller agrees to sell, is commonly known as King County Tax Parcel Number 242204-9120-08 and located at 115 Naden Avenue South, Kent, WA 98032 (the "Property"). The Property includes land and a residential structure that has been significantly damaged by multiple fires, which has created a public nuisance in the City of Kent, Washington. Separately, Seller has given the Buyer consent to enter the Property and remove the residential structure and its associated debris. The Property is legally described in Exhibit ""A", attached hereto and incorporated herein by this reference. 2. EARNEST MONEY. Within 15 business days of mutual acceptance of this Agreement, Buyer shall deposit with Fidelity National Title Insurance Company (the "Escrow Agent"), the sum of Five Thousand Dollars ($5,000) in the form of a Certified Check, as refundable earnest money to be applied toward the purchase price of the Property payable at Closing. If this agreement is terminated for any reason, the Earnest Money shall be returned to Buyer in full within 5 business days of termination. 3. PURCHASE PRICE. The total purchase price for the Property is ONE HUNDRED AND FORTY THOUSAND DOLLARS ($140,000), including Earnest Money, payable on Closing. From this purchase price amount, the parties agree that Seller shall net at Closing at least FORTY-SEVEN THOUSAND DOLLARS ($47,000) ("Minimum Net Proceeds"). From the purchase price deposited by Seller, the Escrow Agent shall: (a) pay-off all debt owed by Seller that is secured against the Property; (b) reimburse the City for all abatement costs paid to demolish the remaining structure and remove the public nuisance from the Property; and (c) reimburse the City for all costs to decommission or remove any underground tanks that exist on the Real Estate Purchase and Sale Agreement Page 1 of 7 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 Property; provided, however, that the City shall be reimbursed only up to a sum that allows the Seller to receive at Closing the Minimum Net Proceeds. To ensure Seller receives the Minimum Net Proceeds, the City agrees to pay all other costs necessary at Closing and to forego receipt of any reimbursement that would otherwise result in Seller receiving less than the Minimum Net Proceeds. 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." While Buyer agrees to waive its right to receive the Disclosure Statement, RCW 64.06.010(7) requires Seller to complete and submit to Buyer the "Environmental" section of the Disclosure Statement, which Seller shall complete within 10 business days from the date of mutual acceptance of the Agreement. Within 10 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 10-day period, the Disclosure Statement will be deemed approved and accepted by Buyer. (b) City Council Authorization as provided in Section 18 below. 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. 5. CONVEYANCE AND CONDITION OF TITLE. The title to the Property shall be conveyed by Seller to Buyer at Closing by Statutory Warranty Deed, in a form substantially as that provided in Exhibit "'C", free and clear of all liens, encumbrances or defects except those General Exceptions described in Schedule B, paragraphs A-C and G-J of Title Report Number 611344568, of Exhibit'"D", attached Real Estate Purchase and Sale Agreement Page 2 of 7 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 hereto and incorporated herein by this reference. All other special exceptions therein, except that described in paragraphs 1, 2, 3, and 4, 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 "D", other than those specifically noted above, are to be removed on or before closing. 6. TITLE INSURANCE. At Closing, Buyer shall cause Escrow Agent, to issue standard coverage owner's policy of title insurance to Buyer in an amount equal to the total purchase price of the Property. For purposes of this Agreement, the following shall not be deemed encumbrances or defects: rights reserved in federal patents or state deeds, building or use restrictions consistent with current zoning and utility and road easements of record. If title cannot be made so insurable prior to Closing, unless Buyer elects to waive such defects or encumbrances, this Agreement shall terminate and the Earnest Money shall be returned to Buyer. 7. CLOSING COSTS AND PRO-RATIONS. Excise Tax, if applicable, shall be paid by Buyer, except for those fees which are expressly limited by Federal Regulation. Buyer shall 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 the day of Closing. Escrow fees shall be paid by Buyer. 8. CLOSING OF THE SALE. WITH THE UNDERSTANDING THAT TIME IS OF THE ESSENCE FOR THIS AGREEMENT, this sale shall be closed within 90 days of the date of mutual acceptance of this Agreement, which shall also be the termination date of this Agreement, unless said Closing date is extended in writing by mutual agreement of the parties. When notified, the Buyer and Seller will deposit, without delay, in escrow with the 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. Real Estate Purchase and Sale Agreement Page 3 of 7 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 9. CASUALTY LOSS. If, prior to Closing, the Property shall be destroyed or materially damaged by flood, earthquake, or other casualty, this Agreement, at option of the Buyer, shall become null and void. 10. POSSESSION. Buyer shall be entitled to possession on Closing. 11. SELLER'S REPRESENTATIONS. Seller represents: (a) that Seller will maintain the Property in present or better condition until time of agreed possession; (b) that Seller has no knowledge of notice from any governmental agency of any violation of laws relating to the Property except: 12. SELLER'S ENVIRONMENTAL REPRESENTATIONS. Seller represents that, to the best of Seller's knowledge, Seller is not aware of the existence of, or has 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. SELLER'S INDEMNITIES: Seller agrees to indemnify and hold harmless the Buyer, against and in respect of, any and all damages, claims, losses, liabilities, judgments, demands, fees, obligations, assessments, and expenses and costs, including, without limitation, reasonable legal, accounting, consulting, engineering and other expenses which may be imposed upon or incurred by Buyer, or asserted against Buyer, by any other party or parties (including, without limitation, a governmental entity), arising out of or in connection with any environmental condition existing as of and/or prior to Closing, including the exposure of any person to any such environmental condition, regardless of whether such environmental Real Estate Purchase and Sale Agreement Page 4 of 7 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 condition or exposure resulted from activities of Seller or Seller's predecessors in interest. This indemnity shall survive Closing and be in addition to Seller's obligation for breach of a representation or warranty as may be set forth herein. 14. DEFAULT AND ATTORNEY'S FEES. (a) 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, each party shall pay all its own costs and attorney's fees. 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. NON-MERGER. The terms, conditions, and provisions of this Agreement shall not be deemed merged into the deed, and shall survive the Closing and continue in full force and effect. Real Estate Purchase and Sale Agreement Page 5 of 7 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 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 given to Buyer shall be addressed as follows: Kurt Hanson Director of Economic and Community Development City of Kent 220 Fourth Avenue South Kent, WA 98032 (b) All notices to be given to Seller shall be addressed as follows: Ruth Waller 758 Norman Ave NE Salem, OR 97301 (c) All notices to be given to Escrow Agent shall be addressed as follows: Deneen Person Fidelity National Title 5006 Center Street, Suite J Tacoma, WA 98409 Either party hereto may, by written notice to the other, designate such other address for the giving of notices as necessary. All notices shall be deemed given on the day such notice is personally served, or on the date of the facsimile transmission, or on the third day following the day such notice is mailed in accordance with this section. 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, 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. Real Estate Purchase and Sale Agreement Page 6 of 7 Docusign Envelope ID:7DF6075F-4F99-4B81-BB52-D8D29D4C1878 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. 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. 22. EXPIRATION OF OFFER. Seller shall have only until 5:00 pm on September 25, 2024, to accept the Agreement as written, by delivering a signed copy thereof to the Buyer or Buyer's agent. If Seller does not so deliver a signed copy within said period, this Agreement shall lapse and all right of the parties hereunder shall terminate. IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date set forth below. BUYER: CITY OF KENT SELLER: RUTH WALLER Signed by: By B Ralp y -Dana saeocsa7o�4F44B.. property Owner h, Ma or ixuui ��u,1�. , Dated: 09/18/2024 Dated: 9/13/2024 Real Estate Purchase and Sale Agreement Page 7 of 7 EXHIBIT "A" Legal Description For APNJPareel II]tsM: 242204-9120-08 Parcel A: That portion of Govem meat Lot 4 and the Southeast quarter of the h arhwest quarter of Section 24,7ownship 22 North, Range 4 East of the Willamette Meridian,in King County,Washington,described as follows: Beginning ing at a point on the West line of Haden Avenue in the City of Kert, 121)feet South of the intersection of the South line of West Meeker Street with the said West line of Naden Avenue; Thence continuing South,along the West line of said Naden Avenue,100 feet; Thence West,85 feet; Thence Northerly,on a line parallel with the L4est line of Haden Avenue,BD feet; Thence East to the Point of Beginning_ Parcel 8 An easement for a sewer as established in that certain Warranty deed and Easement recorded under Recording No_ U191548 go upon the following described land: A strip of land 5 feet in width 2 1/feet each side of the centerline of which begins at a poi nt 120 feet South and 82 Y4 feet West of th e i ntersedion of th a South line of West Meeker Street and the VY est lin a of Naden Avenue; Thence Northerly,parallel with the West line of Naden Aven ue, 121)feet, more or less,to the South I ine of W est M eeker Street- Situate in the County of icing,State of Washington_ Real Estate Purchase and Sale Agreement Page 1 of 1 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). 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 BY SELLER ABOUT THE CONDITION OF THE PROPERTY LOCATED AT 115 NADEN AVENUE SOUTH, 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. Seller's Disclosure Statement - Page 1 of 5 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. I. T=T== Don't pFepeFty? if ne, please explain. the fellewing? (2) 9ptien \-/ (4) Life estate? Don't 1 t knew *F. AFe theFe any rights of way, easements, Don't Don't 2. WATE LTA / Seller's Disclosure Statement - Page 2 of 5 3. t•rWrn GN SITE WAGE SYSTEM yeuF FegulaFly billed seweF OF On site sewage . S �cvC-rvnrcL leaked within the last five years? E ] Yes E NO E Den't knew *A. Has the Feef leaked within the last five Don't weFe all building peffnit i weFe all final inspectiens E Yes E NO E Den't knew *E) Has there been an settling, slippage, OF n Slab Re-er-9 IJ v"1e S. CVCT S AND FIXTURES systerns? if yes, please explain. i Seller's Disclosure Statement - Page 3 of 5 6. 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 [ ] No [ ] Don't know *B. Is there any material damage to the property from fire, wind, floods, beach movements, earthquake, expansive soils, or landslides? [ ] Yes [ ] No [ ] Don't know *C. Are there any shorelines, wetlands, floodplains, or critical areas on the property? [ ] Yes [ ] No [ ] Don't know *D. Are there any substances, materials, or products on the property that may be environmental concerns, such as asbestos, formaldehyde, radon gas, lead-based paint, fuel or chemical storage tanks, or contaminated soil or water? [ ] Yes [ ] No [ ] Don't know *E. Is there any soil or groundwater contamination? [ ] Yes [ ] No [ ] Don't know *F. Has the property been used as a legal or illegal dumping site? [ ] Yes [ ] No [ ] Don't know *G. Has the property been used as an illegal �� drug manufacturing site? �L 7. FULL DISCLOSURE RE BY SELLERS Yes E I Ne E 1 Don't know *Are theFe any etheF existing mateFial defects (if any) are eengplete and eeFreet te the best ef estate i if any, arSCTvscrF" statement te etheF real estate licensees and aim pr-espective buyeFS of the Seller's Disclosure Statement - Page 4 of 5 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'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 Seller's Disclosure Statement - Page 5 of 5 EXHIBIT C WHEN RECORDED RETURN TO: City Clerk City of Kent 220 Fourth Avenue South Kent, Washington 98032 Grantor: Ruth Waller Grantee: City of Kent Abbreviated Legal Description: Portion of Government Lot 4 and the Southeast Quarter of the Northwest Quarter of Section 24, Township 22 North, Range 4 East of the Willamette Meridian, in King County, Washington Additional Legal Description on: Exhibit "A" Assessor's Tax Parcel ID No.: 242204-9120-08 WARRANTY DEED Ruth Waller, an individual ("Grantor"), for and in consideration of Ten Dollars and No/100 ($10.00) and/or other valuable consideration in hand paid, conveys and warrants to the City of Kent, a Washington municipal corporation ("Grantee"), all her interest, including any after acquired title, in the real property described in the attached and incorporated Exhibit A, situated in King County, Washington, subject to easements, restrictions, reservations, right-of-way, covenants, and conditions shown on Exhibit B, Fidelity National Title Order Number 611344568, attached and incorporated. (Signatures on following page) WARRANTY DEED - Page 1 of 2 GRANTOR: Name: Ruth Waller Title: Owner Date: STATE OF WASHINGTON ) ss. COUNTY OF KING ) I certify that I know or have satisfactory evidence that Ruth Waller is the person who appeared before me, and said person acknowledged that she signed this instrument, on oath stated that she was authorized to execute the instrument and acknowledged it as the Owner to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. Dated: -Notary Seal Must Appear Within This Box- IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year first above written. (Signature) NOTARY PUBLIC, in and for the State of , residing at My appointment expires WARRANTY DEED - Page 2 of 2 EXHIBIT D FIDELITY NATIONAL TITLE COMPANY OF WASHINGTON, INC. COMMITMENT NO. 611344568 SCHEDULE B, PART II - Exceptions Some historical land records contain Discriminatory Covenants that are illegal and unenforceable by law. This Commitment and the Policy treat any Discriminatory Covenant in a document referenced in Schedule B as if each Discriminatory Covenant is redacted, repudiated, removed, and not republished or recirculated. Only the remaining provisions of the document will be excepted from coverage. The Policy will not insure against loss or damage resulting from the terms and conditions of any lease or easement identified in Schedule A, and will include the following Exceptions unless cleared to the satisfaction of the Company: GENERAL EXCEPTIONS A. Rights or claims of parties in possession, or claiming possession, not shown by the Public Records. B. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. C. Easements, prescriptive rights, rights-of-way, liens or encumbrances, or claims thereof, not shown by the Public Records. D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or for services, labor, or material heretofore or hereafter furnished, all as imposed by law, and not shown by the Public Records. E. Taxes or special assessments which are not yet payable or which are not shown as existing liens by the Public Records. F. Any lien for service, installation, connection, maintenance, tap, capacity, or construction or similar charges for sewer, water, electricity, natural gas or other utilities, or for garbage collection and disposal not shown by the Public Records. G. Unpatented mining claims, and all rights relating thereto. H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof. I. Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes. J. Water rights, claims or title to water. K. Any defect, lien, encumbrance, adverse claim, or other matter that appears for the first time in the Public Records or is created, attaches, or is disclosed between the Commitment Date and the date on which all of the Schedule B, Part I—Requirements are met. This page is only apart of a 2021 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule 8, Part I-Requirements; Schedule 8, Part If-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND TITLE LAND TITLF. ASSOCIATION The use of this Form (or any derivative thereof)is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA Commitment for Title Insurance w-WA Mod(07/01/2021) Printed: 09.12.24 @ 10:24 PM Page 7 WA-FT-FTMA-01530.610051-SPS-1-24-611344568 FIDELITY NATIONAL TITLE COMPANY OF WASHINGTON, INC. COMMITMENT NO. 611344568 SCHEDULE B, PART II - Exceptions (continued) SPECIAL EXCEPTIONS 1. Terms, conditions, and obligations arising from the easement described as Parcel B in Schedule A. 2. Covenants, conditions, restrictions, obligations and easements as set forth in the Warranty Deed and Easement, Recording Date: June 24, 1949 Recording No.: 3913648 3. Easements for the purposes shown below and rights incidental thereto as set forth in a document: In favor of: City of Kent Purposes: Temporary construction for sewer line Recording Date: September 30, 1974 Recording No.: 7409300528 Affects: The Easterly 10 feet 4. Ordinance No. 4431 and terms and conditions set forth therein, Executed by: City of Kent Recording Date: September 21, 2022 Recording No.: 20220921000270 Which among other things provides: Vacating a portion of Naden Street, also known as Naden Avenue, and reserving an easement. 5. Taxpayer of the Land has qualified for a senior citizen exemption. Contact the County Treasurer to determine if said exemption has been or will be cancelled and to determine the amount of any tax payment due. 6. A deed of trust to secure an indebtedness in the amount shown below, Amount: $80,000.00 Dated: June 24, 2020 Trustor/Grantor: James Edward Waller and Ruth Lynn Waller, husband and wife Trustee: UPF Washington Incorporated Beneficiary: Cascade Federal Credit Union Recording Date: July 2, 2020 Recording No.: 20200702001610 END OF SCHEDULE B, PART II This page is only a part of a 2021 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND TITLE LAND TITLF. ASSOCIATION The use of this Form (or any derivative thereof)is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA Commitment for Title Insurance w-WA Mod(07/01/2021) Printed: 09.12.24 @ 10:24 PM Page 8 WA-FT-FTMA-01530.610051-SPS-1-24-611344568 FIDELITY NATIONAL TITLE COMPANY OF WASHINGTON, INC. COMMITMENT NO. 611344568 COMMITMENT CONDITIONS 1. DEFINITIONS a. "Discriminatory Covenant": Any covenant, condition, restriction, or limitation that is unenforceable under applicable law because it illegally discriminates against a class of individuals based on personal characteristics such as race, color, religion, sex, sexual orientation, gender identity,familial status,disability, national origin,or other legally protected class. b. "Knowledge"or"Known": Actual knowledge or actual notice, but not constructive notice imparted by the Public Records. C. "Land": The land described in Item 5 of Schedule A and improvements located on that land that by State law constitute real property. The term "Land" does not include any property beyond that described in Schedule A, nor any right, title, interest, estate, or easement in any abutting street, road, avenue, alley, lane, right-of-way, body of water, or waterway, but does not modify or limit the extent that a right of access to and from the Land is to be insured by the Policy. d. "Mortgage": A mortgage, deed of trust, trust deed, security deed, or other real property security instrument, including one evidenced by electronic means authorized by law. e. "Policy": Each contract of title insurance, in a form adopted by the American Land Title Association, issued or to be issued by the Company pursuant to this Commitment. f. "Proposed Amount of Insurance": Each dollar amount specified in Schedule A as the Proposed Amount of Insurance of each Policy to be issued pursuant to this Commitment. g. "Proposed Insured": Each person identified in Schedule A as the Proposed Insured of each Policy to be issued pursuant to this Commitment. h. "Public Records": The recording or filing system established under State statutes in effect at the Commitment Date under which a document must be recorded or filed to impart constructive notice of matters relating to the Title to a purchaser for value without Knowledge. The term "Public Records" does not include any other recording or filing system, including any pertaining to environmental remediation or protection, planning, permitting,zoning,licensing, building, health, public safety,or national security matters. i. "State": The state or commonwealth of the United States within whose exterior boundaries the Land is located. The term "State" also includes the District of Columbia,the Commonwealth of Puerto Rico,the U.S.Virgin Islands,and Guam. j. "Title": The estate or interest in the Land identified in Item 3 of Schedule A. 2. If all of the Schedule B, Part I-Requirements have not been met within the time period specified in the Commitment to Issue Policy, this Commitment terminates and the Company's liability and obligation end. 3. The Company's liability and obligation is limited by and this Commitment is not valid without: a. the Notice; b. the Commitment to Issue Policy; c. the Commitment Conditions; d. Schedule A; e. Schedule B, Part I-Requirements;and f. Schedule B, Part II-Exceptions;and g. a counter-signature by the Company or its issuing agent that may be in electronic form. 4. COMPANY'S RIGHT TO AMEND The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company is not liable for any other amendment to this Commitment. 5. LIMITATIONS OF LIABILITY a. The Company's liability under Commitment Condition 4 is limited to the Proposed Insured's actual expense incurred in the interval between the Company's delivery to the Proposed Insured of the Commitment and the delivery of the amended Commitment, resulting from the Proposed Insured's good faith reliance to: i. comply with the Schedule B, Part I-Requirements; ii. eliminate,with the Company's written consent,any Schedule B, Part II-Exceptions;or iii. acquire the Title or create the Mortgage covered by this Commitment. b. The Company is not liable under Commitment Condition 5.a. if the Proposed Insured requested the amendment or had Knowledge of the matter and did not notify the Company about it in writing. c. The Company is only liable under Commitment Condition 4 if the Proposed Insured would not have incurred the expense had the Commitment included the added matter when the Commitment was first delivered to the Proposed Insured. d. The Company's liability does not exceed the lesser of the Proposed Insured's actual expense incurred in good faith and described in Commitment Condition 5.a.or the Proposed Amount of Insurance. This page is only a part of a 2021 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND TITLE LAND TITLF. ASSOCIATION The use of this Form (or any derivative thereof)is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA Commitment for Title Insurance w-WA Mod(07/01/2021) Printed: 09.12.24 @ 10:24 PM Page 9 WA-FT-FTMA-01530.610051-SPS-1-24-611344568 FIDELITY NATIONAL TITLE COMPANY OF WASHINGTON, INC. COMMITMENT NO. 611344568 (continued) e. The Company is not liable for the content of the Transaction Identification Data, if any. f. The Company is not obligated to issue the Policy referred to in this Commitment unless all of the Schedule B, Part I-Requirements have been met to the satisfaction of the Company. g. The Company's liability is further limited by the terms and provisions of the Policy to be issued to the Proposed Insured. 6. LIABILITY OF THE COMPANY MUST BE BASED ON THIS COMMITMENT; CHOICE OF LAW AND CHOICE OF FORUM a. Only a Proposed Insured identified in Schedule A,and no other person, may make a claim under this Commitment. b. Any claim must be based in contract under the State law of the State where the Land is located and is restricted to the terms and provisions of this Commitment. Any litigation or other proceeding brought by the Proposed Insured against the Company must be filed only in a State or federal court having jurisdiction. c. This Commitment, as last revised, is the exclusive and entire agreement between the parties with respect to the subject matter of this Commitment and supersedes all prior commitment negotiations, representations, and proposals of any kind,whether written or oral, express or implied, relating to the subject matter of this Commitment. d. The deletion or modification of any Schedule B, Part II-Exception does not constitute an agreement or obligation to provide coverage beyond the terms and provisions of this Commitment or the Policy. e. Any amendment or endorsement to this Commitment must be in writing and authenticated by a person authorized by the Company. f. When the Policy is issued,all liability and obligation under this Commitment will end and the Company's only liability will be under the Policy. 7. IF THIS COMMITMENT IS ISSUED BY AN ISSUING AGENT The issuing agent is the Company's agent only for the limited purpose of issuing title insurance commitments and policies. The issuing agent is not the Company's agent for closing,settlement,escrow,or any other purpose. 8. PRO-FORMA POLICY The Company may provide, at the request of a Proposed Insured, a pro-forma policy illustrating the coverage that the Company may provide. A pro-forma policy neither reflects the status of Title at the time that the pro-forma policy is delivered to a Proposed Insured, nor is it a commitment to insure. 9. CLAIMS PROCEDURES This Commitment incorporates by reference all Conditions for making a claim in the Policy to be issued to the Proposed Insured. Commitment Condition 9 does not modify the limitations of liability in Commitment Conditions 5 and 6. 10. CLASS ACTION ALL CLAIMS AND DISPUTES ARISING OUT OF OR RELATING TO THIS COMMITMENT, INCLUDING ANY SERVICE OR OTHER MATTER IN CONNECTION WITH ISSUING THIS COMMITMENT, ANY BREACH OF A COMMITMENT PROVISION, OR ANY OTHER CLAIM OR DISPUTE ARISING OUT OF OR RELATING TO THE TRANSACTION GIVING RISE TO THIS COMMITMENT, MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT IN ANY CLASS OR REPRESENTATIVE PROCEEDING. ANY POLICY ISSUED PURSUANT TO THIS COMMITMENT WILL CONTAIN A CLASS ACTION CONDITION. 11. ARBITRATION -INTENTIONALLY DELETED END OF CONDITIONS This page is only a part of a 2021 ALTA@ Commitment for Title Insurance issued by Fidelity National Title Insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part I-Requirements; Schedule B, Part II-Exceptions; and a counter-signature by the Company or its issuing agent that may be in electronic form. AMECopyright American Land Title Association. All rights reserved. LAND TITLE LAND TITLF. ASSOCIATION The use of this Form (or any derivative thereof)is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. ALTA Commitment for Title Insurance w-WA Mod(07/01/2021) Printed: 09.12.24 @ 10:24 PM Page 10 WA-FT-FTMA-01530.610051-SPS-1-24-611344568