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HomeMy WebLinkAbout20250714000496, Special Warranty Deed, Wells Fargo BankInstrument Number: 20250714000496 Document:WD Rec: S310.50 Page-1 of 8 Excise Docs: 3338449 Selling Price: S0.00 Tax Amount: S10.00 Record Date:7/14/2025 11:01 AM Electronically Recorded King County, WA Return Address: Auburn City Clerk City of Auburn 25 West Main St. Auburn, WA 98001 RECORDER'S COVER SHEET Document Title(s) (or transactions contained therein): Special Warranty Deed Reference Number(s) of Documents assigned or released: ❑Additional reference #'s on page of document Grantor(s)/Borrower(s) (Last name first, then first name and initials) Wells Fargo Bank, N.A., a national banking association, successor by merger to National Bank of Washington, Tacoma, a national banking association Grantee/Assignee/Beneficiary: (Last name first) Auburn, City of Legal Description (abbreviated: i.e. lot, block, plat or section, township, range) Lots 10-16, Block 1, Ballard's Commercial Add. to Auburn, Vol. 29, P. 49 & Tgw alley adj. Full legal attached as Exhibit A of the Deed. 66 Additional legal is on page 4 of document. Assessor's Property Tax Parcel/Account Number 048300-0050 ❑ Assessor Tax # not yet assigned Instrument Number: 20250714000496 Document:WD Rec: 5310.50 Page-2 of 8 Record Date:7/14/2025 11:01 AM King County, WA Return Address: City of Auburn Clerk's Office 25 W Main St Auburn, WA 98001 Above this line reserved for recording information. SPECIAL WARRANTY DEED Grantor: Grantee: Abbr. legal: QSTR: Parcel Identification Number # (if applicable): Wells Fargo Bank, N.A., a national banking association, successor by merger to National Bank of Washington, Tacoma, a national banking association City of Auburn, a Washington municipal corporation Lots 10-16, Block 1, Ballard's Commercial Add. to Auburn, Vol. 29, P. 49 & Tgw alley adj., NW-18-21-5 048300-0050 The grantor, Wells Fargo Bank, N.A., for and in consideration of Ten Dollars and other valuable consideration in hand paid, conveys and warrants under the threat of condemnation, only as against all who claim by, through, or under the Grantor, but not otherwise, to the City of Auburn, Washington, all interest in the real property described in Exhibit A and depicted in Exhibit B (the "Property"), attached and incorporated by this reference. Situated in the County of King, State of Washington. SUBJECT TO those restrictions, liens, encumbrances and other exceptions to title which may appear in the public record including those shown on any recorded plat or survey and those exceptions to which this conveyance is expressly made subject, those exceptions made, suffered or done by the Grantee; and any matters which would be shown by a survey or inspection of the Property and the following restrictions which shall expire two (2) years after the recording date of this deed: "Affiliated Entity" means any entity that controls, is controlled by, or is under common control with Grantor, including successors by merger, acquisition, or otherwise. "Financial Services Business" means a state or national bank; a savings bank; a credit union; a savings and loan institution; a finance company; an industrial bank; a mortgage company; a securities broker or dealer; a trust company; an investment advisor; a wealth manager; and any other business in the financial services industry that accepts deposits; originates loans; cashes checks; provides automated teller machine services; offers trust services; sells stocks, bonds, or mutual funds; provides investment advice; or offers wealth management services. No entity or person other than Grantor or an Affiliated Entity may conduct a Financial Services Business from the Property (the "Financial Use Restriction"). In addition, Grantee shall not permit, allow, or install at the Property any type of signage, whether pylon, monument, plaque, or otherwise, and whether interior or exterior, that includes the name or logo of any Financial Services Business other than Grantor (the "SiLynage Restriction"). The Financial Use Restriction and the Signage Restriction are binding upon Grantee and Grantee's successors and assigns; are deemed to be covenants that touch and concern the land and run with the land; are for the benefit of Grantor and its successors and assigns and its properties located within the same county and state in which the property is located (as well as the counties adjacent thereto); and expire two (2) years after the recording date of this Deed. Grantee acknowledges that a breach of the Financial Use Restriction or the Signage Restriction will cause irreparable damage to Grantor, the exact amount of which will be difficult or impossible to ascertain, and that remedies at law for such breach will be inadequate. Therefore, if Grantee breaches the Financial Use Instrument Number: 20250714000496 Document:WD Rec: S310.50 Page-3 of 8 Record Date:7/14/2025 11:01 AM King County, WA Restriction or the Signage Restriction, then in addition to any other remedy that might be available at law or in equity, (i) Grantor is be entitled to specific performance and injunctive relief without the necessity of proving that actual damages are not an adequate remedy and (ii) Grantee shall not raise the defense that there is an adequate remedy at law. [signature on following page] Instrument Number: 20250714000496 Document:WD Rec: S310.50 Page-4 of 8 Record Date:7/14/2025 11:01 AM King County, WA Dated this k \ day of July, 2025 [!' A-IIto]:i WELLS FARGO BANK, N.A., a national banking association, successor by merger to National Bank of Washington, a national banking association e By: Name: Louisa Burke Its: Vice President A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. nth See r�tta Certificate ry State of California ) Acknowledgment County of On , 2025 before me, . Notary Public, personally appeared Louisa Burke, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. (Seal) (Signature) Approved as to Form: Nancy Backus, City of Auburn - Mayor SI NEM IN COUNTERPART Jason M. Whalen, City Attorney Instrument Number: 20250714000496 Document:WD Rec: 5310.50 Page-5 of 8 Record Date:7/14/2025 11:01 AM King County, WA Dated this k � day of July, 2025 ::►_•T33 WELLS FARGO BANK, N.A., a national banking association, successor by merger to National Bank of Washington, a national banking association By: SIGNTED IN COUNTERPART Name: Louisa Burke Its: Vice President A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of On , 2025 before me, , Notary Public, personally appeared Louisa Burke, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. (Seal) (Signature) Approved as to Form: Nancy Backus, if of..Auburn - Mayor M. Whalen, City Attorney Instrument Number: 20250714000496 Document:WD Rec: 5310.50 Page-6 of 8 Record Date:7/14/2025 11:01 AM King County, WA A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Placer On JLl j 8 ab before me, Jesse Louis Dillard, Notary Public c� (insert name and title of the officer) personally appeared LoUi So, M&,e- 13v,r-jam who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by hislherlthelr signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature ` �i,:,ll,:ll�r%� (Sea!) ~ JESSE wul! DILURD Notary Public - California : I,' Placer County+ Commission N 2441388 /111 " My Comm. Expires APr 11, 2027 P Instrument Number: 20250714000496 Document:WD Rec: 5310.50 Page-7 of 8 Record Date:7/14/2025 11:01 AM King County, WA Exhibit A Leeal Description The Land referred to herein below is situated in the County of King, State of Washington, and is described as follows: Lots 10 through 16, Block 1, BALLARD'S COMMERCIAL ADDITION TO AUBURN, according to Plat recorded in Volume 29 of Plats, Page 49, in King County, Washington; TOGETHER WITH that vacated alley adjoining pursuant to Ordinance No. 1336 recorded under Recording No. 6026449 which upon vacation attached to said premises by operation of law. EXCEPT the Real Property conveyed to the City of Auburn for Right of Way purposes by Right of Way Dedication Deed recorded under King County recording number V2676'7110W 333 Subject to matters of Public Record. o ALLARVIS C oN wy ADD. ° VOL, T 9, BLOCK K RIGHT OF WAY N 87° 31' 31" E DEDICATED ' TO CITY 20.00ALLEY — 20.00' ' — — �— — I N 87° 31'131" E i 189.26' 2 --4u-------- TPN 04830-0050 N 105 11 ST ST N,E co ---------- o lo�� I o pC ° �— N 11° 19' 37" E {� I I� I I ���� 29 a gI I 20.49' II 5 I 0 ���° ---- co I I I N__-- ----- N N A= 90° 03' 55" I d I V2 I u I I o z R= 17.00' I Q I I I I I— yL=26.72' I \ � S 87° 33' 34" W I I 199.91' I RIGHT OF WAY 1 ST STREET NE SCALE: 1 "=40 FEET DEDICATED TO CITY 0 20 40 CFFY OF WASHINGTON CITY OF AUBURN PUBLIC WORKS DEPARTMENT 25 WEST MAIN - AUBURN, WA EXHIBIT B PARCEL DEPICTION 105 1 ST STREET NE TPN 048300-0050 IN SW 114 OF THE NW 1/4 OF S 18, T21N, R5E, W.I... ........ �*,AL LAND �"06/27/2025,