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05 Title ReportSUBDIVISION Guarantee/Certificate Number: Issued By: 0145854-04 Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:40 AM Page 1 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 CHICAGO TITLE INSURANCE COMPANY a corporation, herein called the Company GUARANTEES Yuan Family Holding 2018 Property LLC, a Washington limited liability company herein called the Assured, against actual loss not exceeding the liability amount stated in Schedule A which the Assured shall sustain by reason of any incorrectness in the assurances set forth in Schedule A. LIABILITY EXCLUSIONS AND LIMITATIONS 1. No guarantee is given nor liability assumed with respect to the identity of any party named or referred to in Schedule A or with respect to the validity, legal effect or priority of any matter shown therein. 2. The Company’s liability hereunder shall be limited to the amount of actual loss sustained by the Assured because of reliance upon the assurance herein set forth, but in no event shall the Company’s liability exceed the liability amount set forth in Schedule A. Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee. If you wish additional liability, or assurances other than as contained herein, please contact the Company for further information as to the availability and cost. Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Chicago Title Insurance Company By: Countersigned By: Authorized Officer or Agent President Attest: Secretary Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:40 AM Page 2 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0145854-04 ISSUING OFFICE: Title Officer: Unit 4 / Seattle Residential Chicago Title Company of Washington 701 5th Avenue, Suite 2700 Seattle, WA 98104 Main Phone: (206)628-5600 Email: CTISeattleTitleUnit4@ctt.com SCHEDULE A Liability Premium Tax $1,000.00 $350.00 $35.35 Effective Date: March 18, 2019 at 08:00 AM The assurances referred to on the face page are: That, according to those public records which, under the recording laws, impart constructive notice of matter relative to the following described property: SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF Title to said real property is vested in: Yuan Family Holding 2018 Property LLC, a Washington limited liability company subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their priority. END OF SCHEDULE A EXHIBIT "A" Legal Description Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:40 AM Page 3 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 Lots 1 and 2, King County Short Plat No. 878043R, recorded under recording number 7910230790, in King County, Washington. CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0145854-04 SCHEDULE B Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:40 AM Page 4 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0145854-04 SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:41 AM Page 5 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 SPECIAL EXCEPTIONS 1.Reservation of all coal, oil, gas and mineral rights, and rights to explore for the same contained in the deed Grantor: Weyerhaeuser Timber Co., a Washington corporation Recording Date: January 17, 1945 Recording No.: 3441471 2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document: Granted to: King County Purpose: Slopes for cuts and fills Recording Date: August 31, 1966 Recording No.: 6076667 Affects: Lot 1 3.Right to make necessary slopes for cuts or fills upon property herein described as granted or reserved in deed In favor of: King County Recording Date: August 31, 1966 Recording No.: 6676670 Affects: Lot 1 4.Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, dedications, building setback lines, notes, statements, and other matters, if any, but omitting any covenants or restrictions, if any, including but not limited to those based upon race, color, religion, sex, sexual orientation, familial status, marital status, disability, handicap, national origin, ancestry, or source of income, as set forth in applicable state or federal laws, except to the extent that said covenant or restriction is permitted by applicable law, as set forth on King County Short Plat No. 878043R: Recording No: 7910230790 5.Right to make necessary slopes for cuts or fills upon property herein described as granted or reserved in deed In favor of: King County Recording Date: June 24, 1987 Recording No.: 8706241490 Affects: Lot 1 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0145854-04 SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:41 AM Page 6 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 6.Release of Damage Agreement, including the terms and provisions thereof: Executed by: Donald R. DeMatteis and Catherine Z. DeMatteis, husband and wife and Mark L. Gabrielson and Carolyn L. Gabrielson, husband and wife And: King County Recording Date: April 13, 1988 Recording No.: 8804130833 Affects: Lot 1 Releaseing King County from all future claims for damages resulting from: Removal of trees located in the slope area. 7.Grant of Access and Utility Easement and Maintenance Agreement, including the terms and provisions thereof: Executed by: Lancaster Barnes, LLC Recording Date: September 19, 2011 Recording No.: 20110919000283 Affects: The north 30 feet of the east 132.5 feet of Lot 1 for benefit of Lot 2 Said agreement contains the following provisions: Grantor and Grantee hereby state that the easement described herein is intended to survive any merger of title in Lots 1 and 2, whether existing now or in the future, and said easement shall not be extinguished by virtue of any merger of title except by instrument executed by the then-current owner of Lots 1 and 2 and duly recorded in the records of King County or other appropriate jurisdiction. The cost of maintaining the easement created herein, including but not limited to any driveway constructed thereon, shall be the sole responsibility of Lot 2; provided, however, that if Lot 1 makes actual use of the easement for ingress or egress, then the cost of maintenance shall be allocated in equal shares between Lot 1 and Lot 2. 8.Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey, Recording Date: December 10, 1984 Recording No.: 8412109012 Matters shown: Fence does not align with the southerly boundary of Lot 2 9.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties): Year: 2019 Tax Account No.: 132103-9091-08 Levy Code: 1205 Assessed Value-Land: $224,400.00 Assessed Value-Improvements: $0.00 General and Special Taxes: Billed: $2,528.55 Paid: $0.00 Unpaid: $2,528.55 Affects: Lot 1 CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.0145854-04 SCHEDULE B (continued) Subdivision Guarantee/Certificate Printed: 03.22.19 @ 07:41 AM Page 7 WA-CT-FNSE-02150.622474-SPS-1-19-0145854-04 10.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties): Year: 2019 Tax Account No.: 132103-9002-06 Levy Code: 1205 Assessed Value-Land: $297,900.00 Assessed Value-Improvements: $0.00 General and Special Taxes: Billed: $3,459.96 Paid: $0.00 Unpaid: $3,459.96 Affects: Lot 2 11.Liability for Sewer Treatment Capacity Charges, if any, affecting certain areas of King, Pierce and Snohomish Counties. Said charges could apply to property connecting to the metropolitan sewerage facilities or reconnecting or changing its use and/or structure after February 1, 1990. Please contact the King County Wastewater Treatment Division, Capacity Charge Program, for further information at 206-296-1450 or Fax No. 206-263-6823 or email at CapChargeEscrow@kingcounty.gov. * A map showing sewer service area boundaries and incorporated areas can be found at: http://your.kingcounty.gov/ftp/gis/Web/VMC/utilities/servarea_cities.pdf Unrecorded Sewer Capacity Charges are not a lien on title to the Land. NOTE: This exception will not appear in the policy to be issued. 12.Please be advised that our search did not disclose any open Deeds of Trust of record. If you should have knowledge of any outstanding obligation, please contact the Title Department immediately for further review prior to closing. END OF SCHEDULE B