20-105047-UP-TITLE REPORT-12-28-2020-V1Chic ago T it le
Commi tmen t for Ti tl e In su ran ce
T it le Offic er: Seat t le Commerc ial Unit
Email: WA-Commerc ial@c t t .c om
T it le No.: 204272-SC
Propert y Address: 3450 SW 320t h St F ederal Way, WA 98023
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SUBDIVISION
Guarantee/Certificate Number:
Issued By:
204272-SC
Subdivision Guarantee/Certificate Printed: 10.29.20 @ 01:26 PM
Page 1 WA-CT-FBCM-02150.622476-SPS-1-20-204272-SC
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Puget Sound Commercial
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: 10.29.20 @ 01:26 PM
Page 2 WA-CT-FBCM-02150.622476-SPS-1-20-204272-SC
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.204272-SC
ISSUING OFFICE:
Title Officer: Seattle Commercial Unit
Chicago Title Company of Washington
701 5th Avenue, Suite 2700
Seattle, WA 98104
Main Phone: (206)628-5610
Email: WA-Commercial@ctt.com
SCHEDULE A
Liability Premium Tax
$1,000.00 $350.00 $35.35
Effective Date: October 23, 2020 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:
Gilbert Family Properties, L.L.C., 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: 10.29.20 @ 01:26 PM
Page 3 WA-CT-FBCM-02150.622476-SPS-1-20-204272-SC
THAT PORTION OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION 13, TOWNSHIP
21 NORTH, RANGE 3 EAST, WILLAMETTE MERIDIAN, IN KING COUNTY, WASHINGTON, DESCRIBED AS
FOLLOWS:
BEGINNING ON THE NORTH LINE OF SAID SUBDIVISION, 868.80 FEET EAST OF THE NORTHWEST CORNER
THEREOF;
THENCE SOUTH 35°48'36" WEST 605.96 FEET TO A POINT OF CURVATURE;
THENCE ON A CURVE TO THE RIGHT WITH A RADIUS OF 530.96 FOOT RADIUS, THROUGH AN ANGLE OF
07°46'10", AN ARC DISTANCE OF 72 FEET TO THE TRUE POINT OF BEGINNING;
THENCE, CONTINUING ALONG SAID CURVE, THROUGH AN ANGLE OF 20°04'32", AN ARC DISTANCE OF 186.04
FEET;
THENCE NORTH 26°20'42" WEST 115 FEET;
THENCE NORTH 53°37'02" EAST 145 FEET;
THENCE SOUTH 46°25'14" EAST 115 FEET TO THE TRUE POINT OF BEGINNING.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.204272-SC
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 10.29.20 @ 01:26 PM
Page 4 WA-CT-FBCM-02150.622476-SPS-1-20-204272-SC
GENERAL EXCEPTIONS
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
SPECIAL EXCEPTIONS
1.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Puget Sound Power & Light Company
Purpose: Electric line and appurtenances
Recording Date: April 16, 1957
Recording No.: 4788431
Affects: Portion of said premises and other property
2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Purpose: Sewer mains with necessary appurtenances, power line and access road
Recording Date: February 11, 1965
Recording No.: 5843185
Affects: Portion of said premises
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 No.: 6020670
4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: King County Water District No. 100
Purpose: Reading and installing meters and ingress and egress to make emergency repairs to water
mains
Recording Date: November 9, 1967
Recording No.: 6263050
Affects: Portion of said premises
5.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Lakehaven Sewer District, a municipal corporation
Purpose: Sewer mains with necessary appurtenances
Recording Date: August 14, 1968
Recording No.: 6391790
Affects: Portion of said premises and other property
6.Agreement to Reconstruct Driveways, including the terms and provisions thereof:
Between: Chevron U.S.A. Inc.
And: King County
Recording Date: July 23, 1987
Recording No.: 8707231121
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.204272-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 10.29.20 @ 01:26 PM
Page 5 WA-CT-FBCM-02150.622476-SPS-1-20-204272-SC
7.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Chevron U.S.A. Inc., a Pennsylvania corporation
Purpose: Various, described in instrument
Recording Date: January 18, 1994
Recording No.: 9401181125
Affects: Portion of said premises
8.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: 2020
Tax Account No.: 132103-9067-08
Levy Code: 1205
Assessed Value-Land: $190,300.00
Assessed Value-Improvements: $0.00
General and Special Taxes:
Billed: $2,921.39
Paid: $1,460.70
Unpaid: $1,460.69
9.The search did not disclose any open mortgages or deeds of trust of record, therefore the Company reserves the
right to require further evidence to confirm that the property is unencumbered, and further reserves the right to
make additional requirements or add additional items or exceptions upon receipt of the requested evidence.
10.Right, title and interest of the spouse of Warren M. Gilbert, shown as a married man on Statutory Warranty Deed
recorded under recording no. 9401131424. The spouse of Warren M. Gilbert did not join in the execution of the
document conveying title to Gilbert Family Properties, LLC, recorded under recording no. 20030328000885.
Said interest, if any, is subject to the following matter(s) shown at paragraph 11.
11.Matters which may be disclosed by a search of the records against the name of the spouse or domestic partner of
Warren M. Gilbert, if married or a member of a registered domestic partnership.
12.Right, title and interest of the spouse of Nancy Haupt, shown as a married woman on Statutory Warranty Deed
recorded under recording no. 9401131424. The spouse of Nancy Haupt did not join in the execution of the
document conveying title to Gilbert Family Properties, LLC, recorded under recording no. 20030328000885.
Said interest, if any, is subject to the following matter(s) shown at paragraph 13.
13.Matters which may be disclosed by a search of the records against the name of the spouse or domestic partner of
Nancy Haupt, if married or a member of a registered domestic partnership.
14.Any interest of the entity shown below appearing as assessed owner(s) of said Land on the county secured tax
rolls.
Name(s): Twin Lakes Plaza LLC
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO.204272-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 10.29.20 @ 01:26 PM
Page 6 WA-CT-FBCM-02150.622476-SPS-1-20-204272-SC
15.Any unrecorded leaseholds, right of vendors and holders of security interests on personal property installed upon
the Land and rights of tenants to remove trade fixtures at the expiration of the terms.
END OF EXCEPTIONS
NOTES
The following matters will not be listed as Special Exceptions in Schedule B of the policy. There will be no coverage for
loss arising by reason of the matters listed below because these matters are either excepted or excluded from coverage or
are not matters covered under the insuring provisions of the policy.
Note A:Note: FOR INFORMATIONAL PURPOSES ONLY:
The following may be used as an abbreviated legal description on the documents to be recorded, per
Amended RCW 65.04.045. Said abbreviated legal description is not a substitute for a complete legal
description within the body of the document:
PTN NW 1/4, NW 1/4, SEC 13 - T21N - R3E
Tax Account No.: 132103-9067-08
Note B:Note: The Public Records indicate that the address of the improvement located on said Land is as
follows:
3450 SW 320th St
Federal Way, WA 98023
Note C:Note: This map/plat is being furnished as an aid in locating the herein described Land in relation to
adjoining streets, natural boundaries and other land. Except to the extent a policy of title insurance is
expressly modified by endorsement, if any, the Company does not insure dimensions, distances or
acreage shown thereon.
END OF NOTES
END OF SCHEDULE B