HomeMy WebLinkAbout20161205001529 RELEASE OF LIEN Electronically Recorded ( ,10
20161205001529
SIMPLIFILE RL 74.00
Page 001 of 002
12/05/2016 04:09
• King County,WA
WHEN RECORDED,RETURN TO:
City of Auburn
City Clerk's Office
25 W.Main St.
Auburn,WA 98001
Fidelity National Title
(.0111 q2'031 hs
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"): Capstone Homes LLC.
Reference Number(s) of Related Document(s): BLD15-0339, WTR15-0205, SWR15-0357, STM15-
0360.
Legal Description(Abbreviated): RAILROAD ADD TO AUBURN LOT B AUBURN BLA 15-0003
REC#20150812900007 SD BLA BEING LOTS 8 THRU 11 BLK 7 SD ADD.
Assessor's Tax Parcel ID Number: 7116000427.
Amount Released: $23,412.42.
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 30th day of September, 2016 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$23,412.42 and recorded under
King/Pierce County Recording No. 20160211000970(the"Covenant")with Capstone Homes 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.
WHEN RECORDED,RETURN TO:
City of Auburn
City Clerk's Office
25 W.Main St.
Auburn,WA 98001
Fidelity National Title
(0111 o31C.2h5
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"): Capstone Homes LLC.
Reference Number(s) of Related Document(s): BLD15-0339, WTR15-0205, SWR15-0357, STM15-
0360.
Legal Description(Abbreviated): RAILROAD ADD TO AUBURN LOT B AUBURN BLA 15-0003
REC#20150812900007 SD BLA BEING LOTS 8 THRU 11 BLK 7 SD ADD.
Assessor's Tax Parcel ID Number: 7116000427.
Amount Released: $23,412.42.
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 30th day of September, 2016 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$23,412.42 and recorded under
King/Pierce County Recording No. 20160211000970 (the"Covenant")with Capstone Homes 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.
fi
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.
•
City of Auburn
By: 1 J'rTE_
Its:(ss-k tit v7)2_0>%C)r(Ntuui'TYJLu€, F�Ji
Date: Iib I',{o
STATE OF WASHINGTON )
ss.
COUNTY OF KING )
I certify that I know or have satisfactory evidence that lc-If -F-,E„ is the person who
appeared before me, and said person acknowledged that he/she) signed this instrument, on oath
a._SS�.St}M/ .i SO -0R. I')
acknowledged it as the C I4(ub u N to behis/her) free and
voluntary act for the uses and purposes mentioned in the instrument.
Date: 9 /i30.
\��������11� Name: E A;
� B40,114 (Print Name ‘1"/. . `� ►,�W
,� TMA.y �•
NOTARY PUBLIC, imand For the State of
U Washington, residing at I Luvri-
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