23-106056-SU-Title Report Combined-01-19-24Chic ago T it le
Seat t le, WA 98104
Commi tmen t for Ti tl e In su ran ce
T it le Offic er: T eam Adam
Email: T eamAdam@c t t .c om
T it le No.: 233713-SC
Propert y Address:
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SUBDIVISION
Guarantee/Certificate Number:
Issued By:
233713-SC
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 1 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Prospect Development, LLC
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
Michael J. Nolan, President
Attest:
Marjorie Nemzura, Secretary
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 2 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
ISSUING OFFICE:
Title Officer: Team Adam
Chicago Title Company of Washington
701 5th Avenue, Suite 2700
Seattle, WA 98104
Main Phone: (206)628-5610
Email: TeamAdam@ctt.com
SCHEDULE A
Liability Premium Tax
$1,000.00 $350.00 $35.88
Effective Date: November 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:
Saghalie Heights, LLC, a Washington limited liability company, as to Parcels A and B;
John Nelson and Jo Ellen Nelson, husband and wife, as to Parcels C and D; and
Moss Bay Properties, LLC, a Washington limited liability company, as to Parcel E
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: 12.06.23 @ 07:25 PM
Page 3 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
Parcel A:
The North half of the South two-fifths of Government Lot 2, Section 19, Township 21 North, Range 4 East, Willamette
Meridian, in King County, Washington, the North and South lines of said tract to be parallel with the North and South lines
of said Lot 2;
EXCEPT the East 600 feet thereof; and
EXCEPT the West 30 feet thereof.
Parcel B:
The South one-fifth of Government Lot 2, except the East 600 feet thereof;
TOGETHER WITH the West 30 feet of the North one-half of the South two-fifths of Government Lot 2, and the West 30
feet of the South 349 feet of the North 791 feet of Government Lot 2;
All in Section 19, Township 21 North, Range 4 East, Willamette Meridian, in King County, Washington.
Parcel C:
The West 160 feet of the South 349 feet of the North 791 feet of Government Lot 2 in Section 19 of Township 21 North in
Range 4 East, W.M., in King County, Washington;
EXCEPT any portion thereof lying within the South 2/5 of said Government Lot 2; and
EXCEPT the West 30 feet thereof as conveyed under recording no. 6638281.
Parcel D:
That portion of Government Lot 2 in Section 19, Township 21 North, Range 4 East, W.M., in King County, Washington,
described as follows::
Commencing at the Northwest corner of said Government Lot 2;
Thence South 412 feet;
Thence East 160 feet to the True Point of Beginning;
Thence continuing East 112 feet to the West boundary of a tract conveyed under recording no. 3726558;
Thence South, along said boundary, 379 feet;
Thence West 112 feet to the East line of a tract conveyed under recording no. 3293365;
Thence North, along said line, 379 feet to the True Point of Beginning;
EXCEPT the North 30 feet thereof as reserved for road purposes under recording no. 3383996; and
EXCEPT any portion thereof lying within the South 2/5 of said Government Lot 2.
Parcel E.
The South 30 feet of the North 442 feet of the West 272 feet of Government Lot 2, Section 19, Township 21 North, Range
4 East, Willamette Meridian, in King County, Washington.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 4 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
GENERAL EXCEPTIONS
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
SPECIAL EXCEPTIONS
The following matters affect Parcels A and B:
1.Right to enter the Land to make repairs and to cut brush and trees which constitute a menace or danger to the
electric transmission line located in the street or road adjoining said Land, as granted by instrument:
Recording Date:January 23, 1946
Recording No.:3534312
In Favor of:Puget Sound Power & Light Company
Affects:A portion of Parcel B
2.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Purpose:Ingress and egress
Recording Date:April 9, 1970
Recording No.:6638281
Affects:Portions of Parcel B as described in document
3.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Purpose:Ingress and egress
Recording Date:April 11, 1977
Recording No.:7704110041
Affects:A portion of Parcel B as described in document
4.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Purpose:Ingress, egress and utilities
Recording Date:April 25, 1988
Recording No.:8804250722
Affects:Portions of Parcel B as described in document
5.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to:King County
Purpose:Ingress, egress and utilities
Recording Date:March 21, 1991
Recording No.:9103210123
Affects:A portion of Parcel B and other property as described in document
6.Latecomers agreement , including the terms and provisions thereof:
Recording Date:October 21, 2004
Recording No.:20041021000100
Affects: Parcel B and other property
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 5 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
7.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.:192104-9018-01
Levy Code:1205
Assessed Value-Land: $299,000.00
Assessed Value-Improvements:$0.00
General and Special Taxes:
Billed:$3,032.55
Paid:$3,032.55
Unpaid:$0.00
Affects: Parcel A
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:2023
Tax Account No.:192104-9019-00
Levy Code:1205
Assessed Value-Land: $368,000.00
Assessed Value-Improvements:$0.00
General and Special Taxes:
Billed:$3,509.39
Paid:$3,509.39
Unpaid:$0.00
Affects: Parcel B
9.Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be
levied for the fiscal year 2024.
Affects:Parcels A and B
10.Notice of possible (present or future) tap or connection charges levied, or to be levied, as set forth below:
Levied by:Federal Way Water and Sewer
Recording Date:May 12, 1989
Recording No.:8905120210
Note: Said notice supersedes the notice recorded under recording no. 8106010916.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 6 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
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://www.kingcounty.gov/services/gis/Maps/vmc/Utilities.aspx
Unrecorded Sewer Capacity Charges are not a lien on title to the Land.
12.A deed of trust to secure an indebtedness in the amount shown below,
Amount:$675,000.00
Dated:May 14, 2015
Trustor/Grantor:Saghalie Heights, LLC
Trustee:Northwest Trustee Services, Inc
Beneficiary:Dean Fulcer III and Danielle Fulcer, a marital community
Recording Date:June 1, 2015
Recording No.:20150601001098
13.A deed of trust to secure an indebtedness in the amount shown below,
Amount:$503,700.00
Dated:May 14, 2015
Trustor/Grantor:Saghalie Heights, LLC
Trustee:Northwest Trustee
Beneficiary:Bruce J. Reid, a single person
Recording Date:June 1, 2015
Recording No.:20150601001102
14.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.
15.Terms and conditions of the limited liability company agreement for Saghalie Heights, LLC, a Washington limited
liability company.
The following matters affect Parcels C and D:
16.Right to enter the Land to make repairs and to cut brush and trees which constitute a menace or danger to the
electric transmission line located in the street or road adjoining said Land, as granted by instrument:
Recording Date:January 23, 1946
Recording No.:3534312
In Favor of:Puget Sound Power & Light Company
Affects:A portion of said premises
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 7 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
17.Agreement and the terms and conditions thereof:
Between:Christopher B. Sanford and Lydia Sanford, his wife
And:King County Water District No. 100
Recording Date:September 3, 1970
Recording No.:6689889
Regarding:Permission to connect to district water main and consent to the future formation of a local
improvement district or utility local improvement district to facilitate the installation of a main fronting upon the
property
Affects:Parcel C
18.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.:192104-9024-03
Levy Code:1205
Assessed Value-Land: $208,000.00
Assessed Value-Improvements:$0.00
General and Special Taxes:
Billed:$1,985.59
Paid:$1,985.59
Unpaid:$0.00
Affects:Parcel C
19.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.:192104-9026-01
Levy Code:1205
Assessed Value-Land: $68,000.00
Assessed Value-Improvements:$0.00
General and Special Taxes:
Billed:$653.55
Paid:$653.55
Unpaid:$0.00
Affects:Parcel D
20.Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be
levied for the fiscal year 2024.
Affects:Parcels C and D
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 8 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
21.Notice of possible (present or future) tap or connection charges levied, or to be levied, as set forth below:
Levied by:Federal Way Water and Sewer
Recording Date:May 12, 1989
Recording No.:8905120210
Note: Said notice supersedes the notice recorded under recording no. 8106010916.
22.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://www.kingcounty.gov/services/gis/Maps/vmc/Utilities.aspx
Unrecorded Sewer Capacity Charges are not a lien on title to the Land.
23.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.
24.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.
25.We find various matters of record against persons/entities with name(s) similar to John Nelson.
The Company requires that the Confidential Information Statement(s) attached to this commitment be completed
and returned to this office in a timely manner in order for the Company to make a final determination as to the
effect of said matters.
26.Question of legal access. There does not appear to be any recorded easement for ingress and egress from said
premises to a public road.
NOTE: A survey has been recorded:
Recording Date:October 27, 1986
Recording No.:8610279005
Affects:Parcel C
The following matters affect Parcel E:
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 9 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
27.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 transmission and distribution line
Recording Date:January 23, 1946
Recording No.:3534312
Affects:A portion of said premises and other property as described in document
28.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document:
Purpose:Road
Recording Date:March 30, 1950
Recording No.:3999692
Affects:A portion of said premises as described in document
29.Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in documents:
Purpose:Road
Recording Dates:November 1, 1957 and November 28, 1967
Recording Nos.:4847141 and 6270853
Affects:Said premises
30.Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to:James Edward Sanford, his successors and assigns
Purpose:Road
Recording Date:November 4, 1957
Recording No.:4847499
Affects:Said premises
31.Agreement and the terms and conditions thereof:
Between:Pei-Yi Corporation
And:Harbour Homes, Inc.
Recording Date:October 22, 2003
Recording No.:20031022001061
Regarding:Construction of sewer and water mains and appurtenances to serve the property
Modification(s) of said agreement by instrument:
Recording Date:April 12, 2004
Recording No.:20040412000614
Note: The lien created by Paragraph 27 in said agreement was satisfied and released by document recorded
under recording no. 20050725002050.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 10 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
32.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.:192104-9028-09
Levy Code:1205
Assessed Value-Land: $1,000.00
Assessed Value-Improvements:$0.00
General and Special Taxes:
Billed:$9.51
Paid:$9.51
Unpaid:$0.00
33.Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be
levied for the fiscal year 2024.
34.Notice of possible (present or future) tap or connection charges levied, or to be levied, as set forth below:
Levied by:Federal Way Water and Sewer
Recording Date:May 12, 1989
Recording No.:8905120210
Note: Said notice supersedes the notice recorded under recording no. 8106010916.
35.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://www.kingcounty.gov/services/gis/Maps/vmc/Utilities.aspx
Unrecorded Sewer Capacity Charges are not a lien on title to the Land.
36.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.
37.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.
38.Question of legal access. There does not appear to be any recorded easement for ingress and egress from said
premises to a public road.
39.Terms and conditions of the limited liability company agreement for Moss Bay Properties, LLC, a Washington
limited liability company.
CHICAGO TITLE INSURANCE COMPANY GUARANTEE/CERTIFICATE NO. 233713-SC
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 12.06.23 @ 07:25 PM
Page 11 WA-CT-FBCM-02150.622476-SPS-1-23-233713-SC
Note A: The application for title insurance was placed by reference to only a street address or tax
identification number. The Assured herein must confirm that the legal description in this report covers the
parcel(s) of Land requested. If the legal description is incorrect, the Assured must notify the Company in
order to prevent errors and to be certain that the legal description for the intended parcel(s) of Land will
appear on any documents to be recorded.
Note B: 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:
Ptns of Government Lot 2 in the Northwest quarter of Sec. 19, Twp. 21 N, Rng. 4 E.
Tax Account Nos.: 192104-9018-01, 192104-9019-00, 192104-9024-03, 192104-9026-01 and 192104-9028-09
Note C: 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. The Company does not insure dimensions, distances or acreage
shown thereon.
END OF SCHEDULE B