23-103808-TitleReport92523SUBDIVISION
Issued By:
0 FidelitN
National Title'
Guarantee/Certificate Number:
23001182-SC
FIDELITY NATIONAL TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Flowers Capital Investments 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.
Fidelity National Title Company of Washington, Inc.
600 University Street, Suite 2424
Seattle, WA 98101
Countersigned By:
'SEALR
�3
Sara Bennett
Authorized Officer or Agent
Fidelity National Title Insurance Company
By:
Attest:
Michael J. Nolan, President
Marjorie Nemzura, Secretary
Subdivision Guarantee/Certificate Printed: 08.02.23 @ 03:03 AM
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FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 23001182-SC
ISSUING OFFICE:
Title Officer Marc Wise
Fidelity National Title Company of Washington, Inc.
600 University Street, Suite 2424
Seattle, WA 98101
Phone: 2062626291 Fax: 206-262-6292
Main Phone: (206)628-2822
Email: Marc.Wise@fnf.com
SCHEDULE A
Liability
Premium
Tax
$1,000.00
$750.00
$76.88
Effective Date: July 20, 2023 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:
Flowers Capital Investments 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
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EXHIBIT "A"
Legal Description
The East 165 feet of the Northwest quarter of the Southeast quarter of the Northeast quarter of Section 8, Township 21
North, Range 4 East, W.M., records of King County, Washington.
Except the South 330 feet thereof.
And except the East 30 feet thereof conveyed to King County for Road by Deed recorded under Recording No. 4612085.
And except the North 30 feet thereof conveyed to King County for Road by Deeds recorded under Recording Nos.
2592432 and 2600370.
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FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 23001182-SC
SCHEDULE B
GENERAL EXCEPTIONS
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof
SPECIAL EXCEPTIONS
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:
2023
Tax Account No.:
0821049139
Levy Code:
1205
Assessed Value -Land:
$404,500.00
Assessed Value -Improvements:
$673,600.00
General and Special Taxes:
Billed:
$11,954.92
Paid:
$5,977.46
Unpaid:
$5,977.46
City, county or local improvement district assessments, if any.
3. A Deed of Trust to secure an indebtedness in the amount shown below
Amount:
$1,094,000.00
Dated:
May 26, 2023
Trustor/Grantor:
Flowers Capital Investments, LLC, a Washington limited liability company
Trustee:
Fidelity National Title Company of Washington, Inc.
Beneficiary:
ReadyCap Lending. LLC
Recorded:
May 31, 2023
Recording No.:
20230531000075
An Assignment of of Rents for all moneys due, or to become due as rental or otherwise from said Land, to secure
payment of an indebtedness, shown below and upon the terms and conditions therein:
Assigned to: ReadyCap Lending, LLC
Assigned By: Flowers Capital Investment LLC, a Washington limited liability company
Recorded: May 31, 2023
Recording_No._:_ _ _. 20230531000076
Any rights, interests, or claims of parties in possession of the Land not shown by the public records.
Easement and the terms and conditions thereof
In favor of: Pacific Telephone and Telegraph Company
Purpose: construct, reconstruct, operate, inspect, maintain or remove lines of telephone and telegraph
or other signal or communication circuits consisting of such underground conduits, cables, manholes and other
makers, fixtures and appurtenances
Recorded: January 24, 1941
Record ing_No,:____3142579
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FIDELITY NATIONAL TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 23001182-SC
SCHEDULE B
(continued)
6. Right to make necessary slopes for cuts or fills upon property herein described as granted or reserved in Deed:
In favor of: County of King, State of Washington
Recorded: September 1, 1955
Recording No.,, ____4612085
Notice of Additional Tap or Connection Charges and the terms and conditions thereof:
In favor of: Water District No. 124
Recorded: June 1, 1981
Recordina No.: 8106010916
The Company's liability for this report is limited to $1,000.00. This report is based on the Company's property
records, and no liability is assumed for items mis-indexed or not indexed In the public records, or for matters which
would be disclosed by an inquiry of the parties in possession or by an accurate survey or inspection of the
premises. This report and the legal description given herein are based upon information and identification of the
premise in question, and not liability is assumed for discrepancies resulting therefrom. This report does not
represent either a commitment to insure title, an examination of, or opinion as to the sufficiency or effect of the
matters shown, or an option as to the marketability of title to the subject premises.
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 SE NE, Sec 8, T21N R4E, WM
Tax Account No.: 0821049139
Note B: Note: The Public Records indicate that the address of the improvement located on said Land is as
follows:
30819 14th Avenue South
Federal Way, WA 98003
END OF NOTES
END OF SCHEDULE B
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