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20200220001139
RELEASE OR SATISFACTION OF LIEN Rec:$105.60
2/2012020 1:33 PM
WHEN RECORDED,RETURN TO: KING COUNTY,WA
City of Auburn
City Clerk's Office
25 W.Main St.
Auburn,WA 98001 ito '
FIRST AMERICAN A --v,
RELEASE OF LIEN OBLIGATION FOR UTILITY SYSTEM DEVELOPMENT CHARGES
AND PARKS,TRANSPORTATION,SCHOOL,AND/OR FIRE IMPACT FEES
COMMERCIAL PROPERTIES
Payment Obligation for the Benefit of Grantee: City of Auburn, a municipal corporation
Persons Indebted to Grantee("Grantor"): Auburn Development LLC,a Washington Limited Liability
Company.
Reference Number(s) of Related Document(s): 20190905000924.
Legal Description(Abbreviated): Parcel A Section 27,Township 21 N Range 5 E
Parcel B Lot 2 Auburn Short Plat SP-12-76.
Full description as set forth on attached Exhibit"A."
Assessor's Tax Parcel ID Number: 2721059158,27210591785.
F QUEST 'D Er?
:=a TITLE COMPANY
Plat or Building Permit Application Number: BLD19-0136.
Amount Released: $26,405.58.
THIS RELEASE OF LIEN OF PAYMENT OBLIGATION FOR UTILITY SYSTEM
DEVELOPMENT CHARGES AND PARKS,TRANSPORTATION, SCHOOL,AND/OR FIRE
IMPACT FEES (the"Release")is made as of this 7th day of February,2020 by the City of Auburn(the
"City").
The City entered into a Lien of Payment Obligation for Utility System Development Charges and
Parks,Transportation, School,And/Or Fire Impact Fees dated September 5,2019 and recorded under
King/Pierce County Recording No.20190905000924(the"Covenant")with Auburn Development LLC
Grantor to provide for deferred payment of the referenced fee(s).
Pursuant to the terms of the covenant,upon Grantor's payment of the utility system development
charges and/or impact fees as set forth therein,the City will release the Covenant.
Accordingly,conditioned upon the Escrow Agent's or Grantor's disbursement of the charges and
fee(s)to the City,the City hereby releases and discharges Grantor from the obligations described in the
Lien. Upon recording of this Release, all of the Grantor's obligations under the Lien shall be deemed
fully and completely satisfied, and the Lien shall have no further force or effect.
Cityo . . iii //
By: / ason Krum
ts: Development Services Manager
Date: °7/0 /Z° 20
STATE OF WASHINGTON )
) ss. ,
COUNTY OF KING ) 0111111WAN. /
I certify that I know or have satisfactory evidence that is e person who
appeared before me, and said person acknowledge• signed this i• - t,on oath
acknowledged it as the of 4i • •IMP-0-r)free and
voluntary act for the uses and purposes mentioned in the inst ,u'�i.
Date: �,f� Z
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ATTACHMENT A
(LEGAL DESCRIPTION OF PROPERTY)
PARCEL A(PARCEL NO.2721059158)
THE EAST 523 FEET OF THE SOUTH 115 FEET OF THE NORTH 219.44 FEET OF THE NORTHEAST
QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27.TOWNSHIP 21 NORTH,RANGE 5 EAST,
W.M.,1N KING COUNTY,WASHINGTON;
EXCEPT 140TH AVE SE(ACADEMY DR.);
TOGETHER WITH THE NORTH 41 FEET OF THE WEST 130 FEET OF THE SOUTH 197 FEET OF THE
WEST 323 FEET OF THE NORTH 416.44 FEET OF THE EAST 523 FEET OF THE NORTHEAST QUARTER
OF THE SOUTHWEST QUARTER OF SECTION 27,TOWNSHIP 21 NORTH,RANGE 5 EAST.W.M.
PARCEL B(PARCEL NO.2721059185)
LOT 2,CITY OF AUBURN SHORT PLAT NO. SP-12-76,RECORDED UNDER RECORDING NO,7705270810,
RECORDS OF KING COUNTY,WASHINGTON.
SITUATE IN THE COUNTY OF KING,STATE OF WASHINGTON.