HomeMy WebLinkAbout8508291058 SPECIAL WARRANTY DEED 0829850
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INSIJRANCE COMPANY
Ped to, ltee'rrl st F'~...., of
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A M E it FOURTH C'. _ -.:.r.~.
First American
•r
Filed for Record at Request of
SPECIAL WARRANTY DEED
(INDIVIDUAL)
day of
Legal Description: See Exhibit
"A" attached hereto and
made a part
hereof by this reference.
V1
I
Subject to : See EYbibit
"B" attached hereto and
fYl
made a part
hereof by this reference.
The Grantor for her and for her successors in interest does by these presents expressly
limit the covenants of the decd to those herein expressed, and exclude S all covenants arising or to arise by
r-4 statutory or other implication, and do es hereby cotenant that against all persons whomsoever lawfully claiming
or to claim by, through or under said Grantor and not otherwise, she will forever warrant and defend
the said described real estate.
Dated this 14th
AFk~xb IOI G MAIL TO
Name ._......FIRST AMERICAN TITLE INSURANCE COMPANY
Address.... FOURTH AND BLANCIiARD BUILDING
City and State... SEATTLE a_ WA 98.121
Escrow No. 17481 JH
AUG 2 91985
,
E0840102 ,
THE GRANTOR MARGARET" L. PERTHOU, as her separate estate
for and in consideration of TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION Dollars
(S 10.00 in hand paid, grant 5 , bargains , sell`', , conveys , and confirmsto
CITY OF AUBURN, a non-charter code city Mulder the laws of the State of Washington,
the following described real estate, situated in the County' of KING State of
Washington:
SlttiJ✓ VS .r.-LJ...._-....aT -r,
SS.
County of KING
L-09yed r o1-f/f 9 c7S
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THIS SPACE RESERVED FOR RECORDER'S USE, 1
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7.010 '
CASHSL
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KING COUNTY
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NO EXCISE TAX
AUGUST
, 19 85
y z A ..(SEAL)
MAR T L. PERTHOU
(SEAL)
On this day personally appeared before me
MARGARET L. PERT'HOU
o me' known., to be the individual described in and who executed the within and foregoing instrument, and
-1N,,'aeknowlad&,d that she signed the same as her free and voluntary act and deed, for the
;C iTses and purposes therein mentioned,
✓J
1r~t rh EN under my hand and official seal this '23`A day 11985
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j'otary Public in a d for the State o-WQShington..
residing at
WA-60 (3/71)
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EXHIBIT "A"
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LEGAL DESCRIMCN:
PARCEL A:
The East 25 feet of Lots 3 and 10, and the West 1 foot of Lots 2
and 11, Block 14, L.W. BALLARD'S 3RD ADDITION TO SLAUGHTER,
according to the plat thereof recorded in Volume 8 of Plats, page
47, records of King County, Washington.
PARCEL B:
The East 59 feet of the West 60 feet of Lots 2 and 11, Block 14,
L. W. BALLARD'S THIRD ADDITION TO SLAUGHTER, according to the
Plat thereof recorded in Volume 8 of Plats, page 47, records of
King County, Washington.
Both situate in the City of Auburn, County of King, State of
Washington.
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SUr.7EGT T0:
BxHIBIT "B"
1• GENERAL TAXES
Year: 1985
Amount Billed: $103.29
Amount Paid: $ 51.65
Amount Due: $ 51.64
Assessed value of land: $9,400.00
Assessed value of improvements: None
Tax Account No.: 048900-0035-09
(Affects the West 1 foot of Lot 2 and the East 25 feet
of Lot 3, Both in Block 14)
GENERAL TAXES
Year: 1985
p
Amount Billed:
$85.71
9-4
Amount Paid:
$42.86
Amount Due:
$42.85
QD
Assessed value
of land: $7,800.00
N
Assessed value
of improvements: None
in
Tax Account No.
: 048900-0115-02
(Affects the Ea
st 25 feet of Lot 10 and the West 1 foot
of Lot 11, Both
in Block 14)
GENERAL TAXES
Year: 1985
Amount Billed: $427.43
Amount Paid: $213.72
Amount Due: $213.71
Assessed value of land: $38,900.00
Assessed value of improvements: None
Tax Account No.: 048900-0040-02
(Affects Parcel B)
2. EASEMENT AND CONDITIONS CONTAINED THEREIN AS GRANTED IN
INSTRUMENT:
Recorded: April 8, 1925
Recording No.: 2000351
In favor of: Puget Sound Power & Light Company, a
Massachusetts corporation
For: Electric transmission and distribution line and
appurtenances thereto
Affects: Above the North edge of the Parcel B and not to
exceed fifteen (15) feet South from the North line
thereof
3. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF
Between: Walter Craft
and: John Wall and M. Pauline Wall, his wife
Dated: February 6, 1925
Recorded: February 19, 1925
Recording No.: 1979064
Purpose: For joint use of the wall on the West line of
Parcel A
4. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF
Between: Walter Craft
and: John Wall, and M. Pauline Wall, his wife
Dated: February 6, 1925
Recorded: Undisclosed
Recording No.: 1979063
Purpose: Party wall agreement on the line between Parcels A
and B
i
Form No. 1402 (1/70)
ALTA Owner's Policy
Form 8 - 1970
(Amended 10-17-70)
wed,
r•~
POLICY OF TITLE INSURANCE
ISSUED BY
First American Title Insurance Company
J '
SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CONTAINED IN SCHEDULE B
AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, FIRST AMERICAN TITLE
INSURANCE COMPANY, a California corporation, herein called the Company, insures, as of Date of Policy shown
in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and costs,
attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by
the insured by reason of;
1. title to the estate or interest described in Schedule A being vested otherwise than as stated therein;
2. any defect in or lien or encumbrance on such title;
3. lack of a right of access to and from the land; or
4. unmarketability of such title.
D
IN WITNESS WHEREOF, First American Title Insurance Company has caused this policy to be signed and sealed
by its duly authorized officers as of Date of Policy shown in Schedule A.
~XXT L E I
.r a C,
_ n n
r- SEPTEMBER 24,
0- 1968
~4,.. (f F 0
480798
First American Title Insurance Company
BY PRESIDENT
ATTEST kl ~d C. , SECRETARY
RI
S~ AME
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Off. ~ ` ~O
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0
First American Title Insurance Company
NATIONAL HEADQUARTERS: 114 E. FIFTH ST., SANTA ANA, CA 92701 • (714) 558-3211
III 1111111111111111111 Ili It I I I Ili I I I Ill I I 1111h: I! I I I I ;!I W I I I I! I i I H I I I I I[ 1111111W M I I I I I I I; II WHIll 11111110 Ill I I I I I I IIII 1111111! Ili I I I I I H Ill 11, 111 Ill I IIHII] I III", I Il 111111111111111111
SCHEDULE OF EXCLUSIONS FROM COVERAGE
THE FOLLOWING MATTERS ARE EXPRESSLY EXCLUDED FROM THE COVERAGE OF THIS POLICY:
1. ANY LAW, ORDINANCE OR GOVERNMENTAL REGULATION (INCLUDING BUT NOT LIMITED TO BUILDING AND ZONING ORDINANCES)
RESTRICTING OR REGULATING OR PROHIBITING THE OCCUPANCY, USE OR ENJOYMENT OF THE LAND, OR REGULATING THE CHAR-
ACTER, DIMENSIONS OR LOCATION OF ANY IMPROVEMENT NOW OR HEREAFTER ERECTED ON THE LAND, OR PROHIBITING A
SEPARATION IN OWNERSHIP OR A REDUCTION IN THE DIMENSIONS OR AREA OF THE LAND, OR THE EFFECT OF ANY VIOLATION
OF ANY SUCH LAW, ORDINANCE OR GOVERNMENTAL REGULATION.
2. RIGHTS OF EMINENT DOMAIN OR GOVERNMENTAL RIGHTS OF POLICE POWER UNLESS NOTICE OF THE EXERCISE OF SUCH RIGHTS
APPEARS IN THE PUBLIC RECORDS AT DATE OF POLICY.
3. DEFECTS, LIENS, ENCUMBRANCES, ADVERSE CLAIMS, OR OTHER MATTERS (a) CREATED, SUFFERED, ASSUMED OR AGREED TO BY
THE INSURED CLAIMANT; (b) NOT KNOWN TO THE COMPANY AND NOT SHOWN BY THE PUBLIC RECORDS BUT KNOWN TO THE
INSURED CLAIMANT EITHER AT DATE OF POLICY OR AT THE DATE SUCH CLAIMANT ACQUIRED AN ESTATE OR INTEREST
INSURED BY THIS POLICY AND NOT DISCLOSED IN WRITING BY THE INSURED CLAIMANT TO THE COMPANY PRIOR TO THE DATE
SUCH INSURED CLAIMANT BECAME AN INSURED HEREUNDER; (c) RESULTING IN NO LOSS OR DAMAGE TO THE INSURED CLAIMANT;
(d) ATTACHING OR CREATED SUBSEQUENT TO DATE OF POLICY; OR (el RESULTING IN LOSS OR DAMAGE WHICH WOULD NOT HAVE
BEEN SUSTAINED IF THE INSURED CLAIMANT HAD PAID VALUE FOR THE ESTATE OR INTEREST INSURED BY THIS POLICY.
CONDITIONS AND STIPULATIONS
DEFINITION OF TERMS
The following terms when used in this
policy mean:
(a) "insured": the insured named in
Schedule A, and, subject to any rights or defenses
the Company may have had against the named in-
sured, those who succeed to the interest of such
insured by operation of law as distinguished from
purchase including, but not limited to, heirs,
distributees,devisees, survivors, personal representa-
tives, next of kin, or corporate or fiduciary
successors.
(b) "insured claimant": an insured
claiming loss or damage hereunder.
(c) "knowledge": actual knowledge,
not constructive knowledge or notice which may be
imputed to an insured by reason of any public
records.
(d) "land": the land described, speci-
fically or by reference in Schedule C, and improve-
ments affixed thereto which by law constitute real
property; provided, however, the term "land" does
not include any property beyond the lines of the
area specifically described or referred to in Schedule
C, nor any right, title, interest, estate or easement
in abutting streets, roads, avenues, alleys, lanes,
ways or waterways, but nothing herein shall modi-
fy or limit the extent to which a right of access to
and from the land is insured by this policy.
(e) "mortgage": mortgage, deed of
trust, trust deed, or other security instrument.
(f) "public records": those records
which by law impart constructive notice of matters
relating to said land.
2, CONTINUATION OF INSURANCE AFTER
CONVEYANCE OF TITLE
The coverage of this policy shall continue in
force as of Date of Policy in favor of an insured so
long as such insured retains an estate or interest in
the land, or holds an indebtedness secured by a pur-
chase money mortgage given by a purchaser from
such insured, or so long as such insured shall have
liability by reason of covenants of warranty made
by such insured in any transferor conveyance of
such estate or interest; provided, however, this
policy shall not continue in force in favor of any
purchaser from such insured of either said estate or
interest or the indebtedness secured by a purchase
money mortgage given to such insured.
3. DEFENSE AND PROSECUTION OF AC-
TIONS - NOTICE OF CLAIM TO BE
GIVEN BY AN INSURED CLAIMANT
(a) The Company, at its own cost and with-
out undue delay, shall provide for the defense of an
insured in all litigation consisting of actions or
proceedings commenced against such insured, or a
2iefense interposed against an insured in an action
to enforce a contract for a sale of the estate or
interest in said land, to the extent that such liti-
gation is founded upon an alleged defect, lien,
encumbrance, or other matter insured against
by this policy,
(b) The insured shall notify the Company
promptly in writing (i) in case any action or pro-
ceeding is begun or defense is interposed as set
forth in (a) above, (ii) in case knowledge shall
come to an insured hereunder of any claim of title
or interest which is adverse to the title to the
estate or interest, as insured, and which might
cause loss or damage for which the Company may
be liable by virtue of this policy, or (iii) if title to
the estate or interest, as insured, is rejected as un-
marketable. If such prompt notice shall not be
given to the Company, then as to such insured all
liability of the Company shall cease and terminate
in regard to the matter or matters for which such
prompt notice is required; provided, however, that
failure to notify shall in no case prejudice the
rights of any such insured under this policy unless
the Company shall be prejudiced by such failure
and then only to the extent of such prejudice.
(c) The Company shall have the right at its
own cost to institute and without undue delay
prosecute any action or proceeding or to do any
other act which in-its opinion may be necessary or
desirable to establish the title to the estate or in-
terest as insured, and the Company may take any
appropriate action under the terms of this policy,
whether or not it shall be liable thereunder, and
shall not thereby concede liability or waive any
provision of this policy.
(d) Whenever the Company shall have
brought any action or interposed a defense as re-
quired or permitted by the provisions of this policy,
the Company may pursue any such litigation to
final determination by a court of competent juris-
diction and expressly reserves the right, in its sole
discretion, to appeal from any adverse judgment or
order.
(e) In all cases where this policy permits
or requires the Company to prosecute or provide
for the defense of any action or proceeding, the in-
sured hereunder shall secure to the Company the
right to so prosecute or provide defense in such ac-
tion or proceeding, and all appeals therein, and per.
mit the Company to use, at its option, the name of
such insured for such purpose. Whenever requested
by the Company, such insured shall give the
Company all reasonable aid in any such action or
proceeding, in effecting settlement, securing evi-
dence, obtaining witnesses, or prosecuting or de-
fending such action or proceeding, and the Company
shall reimburse such insured for any expense so
i ncu rred.
4. NOTICE OF LOSS - LIMITATION OF
ACTION
In addition to the notices required under
paragraph 3(b) of these Conditions and Stipulations,
a statement in writing of any loss or damage for
which it is claimed the Company is liable under
this policy shall be furnished to the Company
within 90 days after such loss or damage shall have
been determined and no right of action shall accrue
to an insured claimant until 30 days after such
statement shall have been furnished. Failure to
furnish such statement of loss or damage shall
terminate any liability of the Company under this
policy as to such loss or damage.
5. OPTIONS TO PAY OR OTHERWISE SET-
TLE CLAIMS
The Company shall have the option to pay or
otherwise settle for or in the name of an insured
claimant any claim insured against or to terminate
all liability and obligations of the Company here-
under by paying or tendering payment of the
amount of insurance under this policy together
with any costs, attorneys' fees and expenses in-
curred up to the time of such payment or tender of
payment, by the insured claimant and authorized
by the Company.
6. DETERMINATION AND PAYMENT OF
LOSS
(a) The liability of the Company under this
policy shall in no case exceed the least of:
(i) the actual loss of the insured
claimant; or
(ii) the amount of insurance stated in
Schedule A,
(b) The Company will pay, in addition to
any loss insured against by this policy, all costs im-
posed upon an insured in litigation carried on by
the Company for such insured, and all costs,
attorneys' fees and expenses in litigation carried
on by such insured with the written authorization
of the Company.
(c) When liability has been definitely fixed
in accordance with the conditions of this policy,
the loss or damage shall be payable within 30 days
thereafter.
(Continued on inside back cover)
CONDITIONS AND STIPULATIONS
(Continued from inside front cover)
LIMITATION OF LIABILITY
10. APPORTIONMENT
12. LIABILITY LIMITED TO THIS POLICY
No claim shall arise or be maintainable under
this policy (a) if the Company, after having received
notice of an alleged defect, lien or encumbrance in-
sured against hereunder, by litigation or otherwise,
removes such defect, lien or encumbrance or es-
tablishes the title, as insured, within a reasonable
time after receipt of such notice; (b) in the event
of litigation until there has been a final determina-
tion by a court of competent jurisdiction, and dis-
position of all appeals therefrom, adverse to the
title, as insured, as provided in paragraph 3 hereof;
or (c) for liability voluntarily assumed by an in-
sured in settling any claim or suit without prior
written consent of the Company.
REDUCTION OF LIABILITY
All payments under this policy, except pay-
ments made for costs, attorneys' fees and ex-
penses, shall reduce the amount of the insurance
pro tanto. No payment shall be made without
producing this policy for endorsement of such
payment unless the policy be lost or destroyed, in
which case proof of such loss or destruction shall
be furnished to the satisfaction of the Company.
LIABILITY NONCUMULATIVE
It is expressly understood that the amount of
insurance under this policy shall be reduced by any
amount the Company may pay under any policy
insuring either (a) a mortgage shown or referred to
in Schedule B hereof which is a lien on the estate
or interest covered by this policy, or (b) a mortgage
hereafter executed by an insured which is a charge
or lien on the estate or interest described or re-
ferred to in Schedule A, and the amount so paid
shall be deemed a payment under this policy. The
Company shall have the option to apply to the pay-
ment of any such mortgages any amount that
otherwise would be payable hereunder to the in-
sured owner of the estate or interest covered by
this policy and the amount so paid shall be deemed
a payment under this policy to said insured owner.
If the land described in Schedule C con-
sists of two or more' parcels which are not used as
a single site, and a loss is established affecting one
or more of said parcels but not all, the loss shall
be computed and settled on a pro rata basis as if
the amount of insurance under this policy was di-
vided pro rata as to the value on Date of Policy of
each separate parcel to the whole, exclusive of any
improvements made subsequent to Date of Policy,
unless a liability or value has otherwise been agreed
upon as to each such parcel by the Company and
the insured at the time of the issuance of this
policy and shown by an express statement herein
or by an endorsement attached hereto.
11. SUBROGATION UPON PAYMENT OR
SETTLEMENT
Whenever the Company shall have settled a
claim under this policy, all right of subrogation
shall vest in the Company unaffected by any act of
the insured claimant. The Company shall be subro-
gated to and be entitled to all rights and remedies
which such insured claimant would have had against
any person or property in respect to such claim
had this policy not been issued, and if requested by
the Company, such insured claimant shall transfer
to the Company all rights and remedies against any
person or property necessary in order to perfect
such right of subrogation and shall permit the
Company to use the name of such insured claimant
in any transaction or litigation involving such rights
or remedies. If the payment does not cover the
loss of such insured claimant, the Company shall be
subrogated to such rights and remedies in the pro-
portion which said payment bears to the amount of
said loss. If loss should result from any act of such
insured claimant, such act shall not void this policy,
but the Company, in that event, shall be required
to pay only that part of any losses insured against
hereunder which shall exceed the amount, if any,
lost to the Company by reason of the impairment
of the right of subrogation.
This instrument together with all endorse-
ments and other instruments, if any, attached
hereto by the Company is the entire policy and
contract between the insured and the Company.
Any claim of loss or damage, whether or not
based on negligence, and which arises out of the
status of the title to the estate or interest covered
hereby or any action asserting such claim, shall be
restricted to the provisions and conditions and
stipulations of this policy.
No amendment of or endorsement to this
policy can be made except by writing endorsed
hereon or attached hereto signed by either the Presi-
dent, a Vice President, the Secretary, an Assistant
Secretary, or validating officer or authorized signa-
tory of the Company.
13. NOTICES, WHERE SENT
All notices required to be given the Company
and any statement in writing required to be fur-
nished the Company shall be addressed to it at its
main office at 421 North Main Street, Santa Ana,
California, or to the office which issued this policy.
Jacket - Form No. 1402 (1/70)
SCHEDULE A
Total Fee for Title Search, Examination
and Title Insurance $443.00
Amount of Insurance: $100,000.00
Date of Policy: August 30, 1985 at 8:00 a.m.
1. Name of Insured:
Policy No. 113393
Cover No. D-480793
CITY OF AUBURN, a non-charter code city under the laws of the
State of Washington
2. The estate or interest referred to herein is at Date of Policy
vested in:
CITY OF AUBURN, a non-charter code city under the laws of the
State of Washington
3. The estate or interest in the land described in Schedule C and
which is covered by this policy is:
FEE SIMPLE ESTATE
I-o"' No. 1402-C
ALTA stanaara Policy
Western Region
SCHEDULE B
This policy does not insure against loss or damage by reason of the matters shown in parts one and two following:
Part One:
1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that
levies taxes or assessments on real property or by the public records.
2. Any facts, rights, interests, or claims which are not shown by the public records but which could be
ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of easement or encumbrances which are not shown by the public records.
4. Discrepancies, conflicts in boundary fines, shortage in area, encroachments, or any other facts which a
correct survey would disclose, and which are not shown by public records.
5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance
thereof; water rights, claims or title to water.
6. Any lien, or right to a lien, for services, labor or material theretofore or hereafter furnished, imposed by
law and not shown by the public records.
Schedule B
Part Two:
1. GENERAL TAXES
Policy No. 113393
Year: 1985
Amount Billed: $103.29
Amount Paid: $ 51.65
Amount Due: $ 51.64
Assessed value of land: $9,400.00
Assessed value of improvements: None
Tax Account No.: 048900-0035-09
(Affects the West 1 foot of Lot 2 and the East 25 feet of Lot
3, both in Block 14)
GENERAL TAXES
Year: 1985
Amount Billed: $85.71
Amount Paid: $42.86
Amount Due: $42.85
Assessed value of land: $7,800.00
Assessed value of improvements: None
Tax Account No.: 048900-0115-02
(Affects the East 25 feet of Lot 10 and the West 1 foot of
Lot 11, both in Block 14)
GENERAL TAXES
Year: 1985
Amount Billed: $427.43
Amount Paid: $213.72
Amount Due: $213.71
Assessed value of land: $38,900.00
Assessed value of improvements: None
Tax Account No.: 048900-0040-02
(Affects Parcel B)
2. EASEMENT AND CONDITIONS CONTAINED THEREIN AS GRANTED IN
INSTRUMENT:
Recorded: April 8, 1925
Recording No.: 2000351
In favor of: Puget Sound Power & Light Company, a
Massachusetts corporation'
For: Electric transmission and distribution line and
appurtenances thereto
Affects: Above the North edge of the Parcel B and not to
exceed fifteen (15) feet South from the North line
thereof
(Continued . . . . . . Schedule B - Part Two) Policy No. 113393
3. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF
Between: Walter Craft
and: John Wall and M. Pauline Wall, his wife
Dated: February 6, 1925
Recorded: February 19, 1925
Recording No.: 1979064
Purpose: For joint use of the wall on the West line of
Parcel A
4. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF
Between: Walter Craft
and: John Wall, and M. Pauline Wall, his wife
Dated: February 6, 1925
Recorded: Undisclosed
Recording No.: 1979063
Purpose: Party wall agreement on the line between Parcels A
and B
End of Schedule B
SCHEDULE C
Policy No. 113393
The land referred to in this Policy is situated in the State of
Washington, County of King and is described as follows:
PARCEL A:
The East 25 feet of Lots 3 and 10, and the West 1 foot
of Lots 2 and 11, Block 14, L.W. BALLARD'S 3RD ADDITION
TO SLAUGHTER, according to the plat thereof recorded
in Volume 8 of Plats, page 47, records of King County,
Washington.
PARCEL B:
The East 59 feet of the West 60 feet of Lots 2 and 11,
Block 14, L. W. BALLARD'S THIRD ADDITION TO SLAUGHTER,
according to the Plat thereof recorded in Volume 8 of
Plats, page 47, records of King County, Washington.
Both situate in the City of Auburn, County of King, State
of Washington.
NOTICE
THIS SKETCH IS FURNISHED AS A COURTESY ONLY,
BY FIRST AMERICAN TITLE INSURANCE COMPANY,
AND IT IS NOT A PART OF ANY TITLE COMMITMENT
OR POLICY OF TITLE INSURANCE.
TH13 SKETCH IS FURNISHED SOLELY FOR THE PUR-
'E CIF ASSISTING IN Lor TiNG THE PREMISES
A;,i~j* ;"LtFS 110T PURPORT TO SHOW PALL HICH'v'IAYS,
RC'*,'S GIN, EASEMENTS AFFECT iNG THE PROPERTY.
NO RELIANCE SHOULD BE PLACED UPON THIS SKETCH
FOR THE LOCATION OR DIMENSIONS OF THE PRO-
PEERTY AND NO LIABILITY IS ASSUMED FOR THE
CORRECTNESS THEREOF.
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INDORSEMENT
Coyer No, D-480798
Attached to Policy No. 113393
Issued by
First American Title Insurance Company
The Company, recognizing the current effect of inflation on real property valuation and intending to provide additional
monetary protection to the Insured Owner named in said Policy, hereby modifies said Policy, as follows:
1. Notwithstanding anything contained in said Policy to the contrary, the amount of insurance provided by said
Policy, as stated in Schedule A thereof, is subject to cumulative annual upward adjustments in the manner and to
the extent hereinafter specified.
2. "Adjustment Date" is defined, far the purpose of this Indorsement, to be 12:01 a. m. on the first January 1 which
occurs more than six months after the Date of Policy, as shown in Schedule A of the Policy to which this Indorse-
ment is attached, and on each succeeding January 1.
3. An upward adjustment will be made on each of the Adjustment Dates, as defined above, by increasing the maxi-
mum amount of insurance provided by said Policy (as said amount may have been increased theretofore under the
terms of this Indorsement) by the same percentage, if any, by which the United States Department of Commerce
Composite Construction Cost Index (base period 1967) for the month of September immediately preceding ex-
ceeds such Index for the month of September one year earlier; provided, however, that the maximum amount of
insurance in force shall never exceed 150% of the amount of insurance stated in Schedule A of said Policy, less
the amount of any claim paid under said Policy which, under the terms of the Conditions and Stipulations, re-
duces the amount of insurance in force. There shall be no annual adjustment in the amount of insurance for
years in which there is no increase in said Construction Cost Index.
4. In the settlement of any claim against the Company under said Policy, the amount of insurance in force shall be
deemed to be the amount which is in force as of the date on which the insured claimant first learned of the
assertion or possible assertion of such claim, or as of the date of receipt by the Company of the first notice of
such claim, whichever shall first occur,
Nothing herein contained shall be construed as extending or changing the effective date of said Policy.
This indorsement is made a part of said Policy and is subject to the schedules, conditions and stipulations therein, except
as modified by the provisions hereof.
First American Title Insurance Company
BY PRESIDENT
BY
C ASSISTANT SECRETARY
NOTE: In connection with a future application for title insurance covering said land, reissue credit on premium charges
(if applicable at all) will be allowed only upon the original face amount of insurance as stated in Schedule A of said Policy.
FA - 11 (9.30.74)
Owner inflation
a e:/Ov.
SERVICES INCORPORATED
441 DEXTER-HORTON BLDG.
EL. 7075
From Law Offices of Pate April 22, 1953
*ELLIOTT & SCHNEIDER Court and No.
'~MM TOM
PAULINE PFNISTER, a single woman
X~fi~te?f GRANTEE : The City o f Auburn, a Municipal Corporation
WSTRUCTJONS: Atta child is our check, with which please file the
above mentioned document.
Sewed -
Filed 5. 3 1951 lam`.
Approved
Del.
rdered
- ' SERVICES INCORPORATED
441 DEXTER•HORTON BLDG.
EL. 7075
rom Law Offices of Date AI?ril 1953
ELLIOTT & SCHNEIDER
Court and No.
.~~~X GRANTOR: PAULI:~IE PFNISTER, a single woman
Z61005r j GRANTEE: The Washington Conference of the Fran MAthnclj st
Church of North America
Decument(s) WARRANTY nERn * TrnIM, ANT) AnnEOg 4N
INSTRUCTIONS: Please file the deed with the King County Auditor.
Served
Filed Ap"O trw-,
Approved
/ 5
Del.
0lydered
t~., - - . - _
7-1,711,2177-
r AFFIDAVIT and REAL ESTATE SALES TAX RECEIPT 6~
PURSUANT TO COUNTY COMMISSIONERS' RESOLUTION,
:STAT E OF WASHINGTON, NO Za
ss. KING COUNTY, WASHINGTON
This Becomes Your Receipt When Stamped Paid by
COUNTY OF ~KING County Treasurer. Payment Must Be Made by Cash or
aY first duly Certified Check.
being sworn on
f A. A. TREMPER, Count Treasurer
bath deposes and says:
Thcft the following information relative to the sale of'real estate is true and correct.
severs N ne:. Pa ~.nm.. Ptn seer, a...sing~.a ..t~omAn
Address AUbilrn E r3~t.
Buy'er's Na me..~....~1".. p..1~1lbLk'3Ax... C53.,,:t~'X3O3'A]C~l....;... .
RUIPUM - 4a 5,
Address 1
Date of Instrument 1~. 221.. 1.9 Date of Delivery'to Purchaser .....m. ed,:Lat81`.':.
SELLING
PRICE
SALES
TAX
1 100
110
r
.
PENAL
TOTAIAA
Nature of Instrument. f.~~~ ~ . .
Q Full Sale Price, Including Any.Mortgage or Contract, Balance 01`4 ...000 11gr
v al D cri tt n of Pro erty Conve ed
ii e4 8 1~1~3' 1 C1~1IJ t VG' GT to
a 5 1.6 ~ ~~3.~...A31f~
0
AU M Aca a ~ ~ e.. ...P-At -rreof :s,....Ba&..4.10
re Gorda of sand oo~nt~^•
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Signature
14 C:E ar f
SUBSCRIBED AND SWORN to before me this
22i+ day of~
Notary.Puo:ic i
1,95 n and foi the State of Washington, residing at..,
~ 5OMr3.53 S .M LZ LLB Ar
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