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HomeMy WebLinkAbout20161205001531 RELEASE OF LIEN sE Electronically Recorded N. ID 20161205001531 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 (al 11118o3 I. 2/75 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): BLD15-0278, WTR15-0173, SWR15-0297, STM15- 0299. Legal Description(Abbreviated): RAILROAD ADD TO AUBURN LOT C AUBURN BLA 15-0003 REC#20150812900007 SD BLA BEING LOTS 8 THRU 11 BLK 7 SD ADD. Assessor's Tax Parcel ID Number: 7116000429. 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.20151020000682(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. z WHEN RECORDED,RETURN TO: City of Auburn City Clerk's Office 25 W.Main St. Auburn,WA 98001 Fidelity National Title (atilt/8'031c e/75 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): BLD15-0278, WTR15-0173, SWR15-0297, STM15- 0299. Legal Description(Abbreviated): RAILROAD ADD TO AUBURN LOT C AUBURN BLA 15-0003 REC#20150812900007 SD BLA BEING LOTS 8 THRU 11 BLK 7 SD ADD. Assessor's Tax Parcel ID Number: 7116000429. 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. 20151020000682 (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. • City of Auburn By: tj 1 fel Its: Pss c0114•T `fit t -DQ O F ( t t) D c�� Date: °1 130/\to STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) I certify that I know or have satisfactory evidence that c + is the person who appeared before me, and said person acknowledged that L14/she) signed this instrument, on oath acknowledged it as the -,1,,,.,L.;,,,;11 i) �(CP,t')F-;tt of L. e ALLi`LON to be( /her) free and voluntary act for the uses and purposes mentioned in the instrument. Date: et [30 //Sc. Qk \.\\'`""1111111 Name: �J� 'meq- 8A0�� �� (Print Name).4010N N(1% P+owt,. NOTARY PUBLIC, in and For the StatA of 51.10 - • •s Washington,residing at �« Co Ltini 4 7 /), AVt�`4 S i '44 7.1 g.N1 6�l r My Commission Expires: /r/ IV/7 ,a F '+111 O WAg { ( { "4 / A 4p46. \ So\ �,■ . 'R » *: 4;",