05-4013-Amended Guarantee 1.pdfSUBDIVISION
Guarantee/Certificate Number:
Issued By:
500068507
CHICAGO TITLE INSURANCE COMPANY Amendment 1
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Ikegami Properties L.L.C., a Washington limited liability company
herein called the Assured, against actual loss not exceeding the liability amount stated in Schedule A which the Assured
shall sustain by reason of any incorrectness in the assurances set forth in Schedule A.
LIABILITY EXCLUSIONS AND LIMITATIONS
1. No guarantee is given nor liability assumed with respect to the identity of any party named or referred to in Schedule A
or with respect to the validity, legal effect or priority of any matter shown therein.
2. The Company's liability hereunder shall be limited to the amount of actual loss sustained by the Assured because of
reliance upon the assurance herein set forth, but in no event shall the Company's liability exceed the liability amount
set forth in Schedule A.
Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee. If you
wish additional liability, or assurances other than as contained herein, please contact the Company for further information
as to the availability and cost.
Chicago Title Company of Washington
3002 Colby Ave., Suite 200
Everett, WA 98201
Countersigned By:
Authorized Officer or Agent
c0 PORgl�,co'
U
Ui SEALL .Y
Chicago Title Insurance Company
By:
Attest:
President
Secretary
Subdivision Guarantee/Certificate Printed: 07.24.19 @ 04:29 PM
Page 1 WA-CT-FNRV-02150.624679-SPS-1-19-500068507
GUARANTEE/CERTIFICATE NO. 500068507
CHICAGO TITLE INSURANCE COMPANY
AMENDMENT1
ISSUING OFFICE:
Title Officer: Commercial Unit
Chicago Title Company of Washington
3002 Colby Ave., Suite 200
Everett, WA 98201
Fax: (855)394-4817
Main Phone: (425)259-8205
Email: Everett.CU@ctt.com
SCHEDULE A
Liability
Premium
Tax
$1,000.00
$950.00
$93.10
Effective Date: July 18, 2019 at 08:00 AM
The assurances referred to on the face page are:
That, according to those public records which, under the recording laws, impart constructive notice of matter relative to
the following described property:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
Title to said real property is vested in:
Ikegami Properties L.L.C., a Washington limited liability company
subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their
priority.
END OF SCHEDULE A
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EXHIBIT "A"
Legal Description
For APN/Parcel ID(s): 270429-003-056-00, 270429-003-057-00, 270429-003-058-00, 270429-003-059-00,
270429-003-060-00. 270429-003-061-00. 270429-003-062-00 and 270429-003-064-00
Parcel 1:
Lot 1 of City of Edmonds Boundary Line Adjustment PLN20180026 recorded under Auditor's File No. 201809205002,
records of Snohomish County, Washington, being a portion of the Northwest quarter of the Southwest quarter, Setion 29,
Township 27 North, Range 4 East of the Willamette Meridian.
Situate in the County of Snohomish, State of Washington.
Parcel 2:
Lot 2 of City of Edmonds Boundary Line Adjustment PLN20180026 recorded under Auditor's File No. 201809205002,
records of Snohomish County, Washington, being a portion of the Northwest quarter of the Southwest quarter, Setion 29,
Township 27 North, Range 4 East of the Willamette Meridian.
Situate in the County of Snohomish, State of Washington.
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Page 3 WA-CT-FNRV-02150.624679-SPS-1-19-500068507
GUARANTEE/CERTIFICATE NO. 500068507
CHICAGO TITLE INSURANCE COMPANY
SCHEDULE B
GENERAL EXCEPTIONS
AMENDMENT1
A. Rights or claims of parties in possession, or claiming possession, not shown by the Public Records.
B. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be
disclosed by an accurate and complete land survey of the Land.
C. Easements, prescriptive rights, rights -of -way, liens or encumbrances, or claims thereof, not shown by the
Public Records.
D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or
for services, labor, or material heretofore or hereafter furnished, all as imposed by law, and not shown by the
Public Records.
E. Taxes or special assessments which are not yet payable or which are not shown as existing liens by the Public
Records.
F. Any lien for service, installation, connection, maintenance, tap, capacity, or construction or similar charges for
sewer, water, electricity, natural gas or other utilities, or for garbage collection and disposal not shown by the
Public Records.
G. Unpatented mining claims, and all rights relating thereto.
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
I. Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes.
J. Water rights, claims or title to water.
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GUARANTEE/CERTIFICATE NO. 500068507
CHICAGO TITLE INSURANCE COMPANY
4
SCHEDULE B
(continued)
SPECIAL EXCEPTIONS
AMENDMENT1
No search has been made as to property taxes and assessments. Property taxes and assessments will be
searched upon request.
Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, dedications, building
setback lines, notes, statements, and other matters, if any, but omitting any covenants or restrictions, if any,
including but not limited to those based upon race, color, religion, sex, sexual orientation, familial status, marital
status, disability, handicap, national origin, ancestry, or source of income, as set forth in applicable state or federal
laws, except to the extent that said covenant or restriction is permitted by applicable law, as set forth on City of
Edmonds Short Plat No. S-53-78:
Recording No: 7903130264
Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey,
Recording Date: April 27, 1988
Recording No.: 8804275001
Matters shown: Various fence lines not on property lines
Concomitant Rezone Agreement including the terms, covenants and provisions thereof
Recording Date: November 10, 1988
Recording No.: 8811100332
Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, dedications, building
setback lines, notes, statements, and other matters, if any, but omitting any covenants or restrictions, if any,
including but not limited to those based upon race, color, religion, sex, sexual orientation, familial status, marital
status, disability, handicap, national origin, ancestry, or source of income, as set forth in applicable state or federal
laws, except to the extent that said covenant or restriction is permitted by applicable law, as set forth on City of
Edmonds Short Plat No. S-32-88 and Affidavit of Correction:
Recording No: 8901190201 and 8904130401
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Public Utility District No. 1 of Snohomish County
Purpose: Underground and/or overhead electric transmission and/or distribution system
Recording Date: May 11, 1989
Recording No.: 8905110234
Concomitant Rezone Agreement including the terms, covenants and provisions thereof
Recording Date: March 15, 1990
Recording No.: 9003150297
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GUARANTEE/CERTIFICATE NO. 500068507
CHICAGO TITLE INSURANCE COMPANY AMENDMENT 1
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SCHEDULE B
(continued)
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Public Utility District No. 1 of Snohomish County and GTE Northwest, Inc.
Purpose: Underground and/or overhead electric transmission and/or distribution system
Recording Date: February 11, 1997
Recording No.: 9702110286
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Public Utility District No. 1 of Snohomish County and GTE Northwest, Inc.
Purpose: Underground and/or overhead electric transmission and/or distribution system
Recording Date: February 18, 1997
Recording No.: 9702180551
Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Public Utility District No. 1 of Snohomish County, and GTE Northwest, Inc.
Purpose: Electric transmission and/or distribution line
Recording Date: July 16, 1997
Recording No.: 9707160234
Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey,
Recording Date: March 3, 2006
Recording No.: 200603035006
Matters shown: Various fence lines not on property lines; and
Extruded curbs onto Westerly adjoiner
Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed by survey
Recording Date: August 28, 2013
Recording No.: 201308285004
Matters shown: Building encroaches 1.1 feet onto adjoining parcel to the West
Easement agreement for building encroachment including the terms, covenants and provisions thereof
Recording Date: September 19, 2017
Recording No.: 201709190653
This item intentionally deleted.
This item intentionally deleted.
This item intentionally deleted.
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GUARANTEE/CERTIFICATE NO. 500068507
CHICAGO TITLE INSURANCE COMPANY
SCHEDULE B
(continued)
17. A deed of trust to secure an indebtedness in the amount shown below,
Amount: $3,200,000.00
Dated: September 18, 2017
Trustor/Grantor: Ikegami Properties L.L.C., a Washington limited liability company
Trustee: US. Bank Trust Company, National Association
Beneficiary: U.S. Bank National Association
Recording Date: September 22, 2017
Recording No.: 201709220289
18. A deed of trust to secure an indebtedness in the amount shown below:
Amount:
$3,059,000.00
Dated:
February 22, 2018
Trustor/Grantor:
Ikegami Properties L.L.C., a Washington limited liability company
Trustee:
U.S. Bank Trust Company, National Association
Beneficiary:
U.S. Bank National Association
Recording Date:
March 2, 2018
Recording No.:
201803020184
19. A financing statement as follows:
Debtor: Ikegami Properties L.L.C.
Secured Party: U.S. Bank National Association
Recording Date: May 16, 2018
Recording No.: 201805160385
AMENDMENT1
20. Covenants, conditions, restrictions, recitals, reservations, easements, easement provisions, dedications, building
setback lines, notes, statements, and other matters, if any, but omitting any covenants or restrictions, if any,
including but not limited to those based upon race, color, religion, sex, sexual orientation, familial status, marital
status, disability, handicap, national origin, ancestry, or source of income, as set forth in applicable state or federal
laws, except to the extent that said covenant or restriction is permitted by applicable law, as set forth on City of
Edmonds Boundary Line Adjustment PLN20180026:
Recording No: 201809205002
21. A deed of trust to secure an indebtedness in the amount shown below:
Amount:
$7,350,000.00
Dated:
December 19, 2018
Trustor/Grantor:
Ikegami Properties L.L.C., a Washington limited liability company
Trustee:
U.S. Bank Trust Company, National Association
Beneficiary:
U.S. Bank National Association, a national banking association
Recording Date:
January 17, 2019
Recording No.:
201901170277
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GUARANTEE/CERTIFICATE NO. 500068507
CHICAGO TITLE INSURANCE COMPANY AMENDMENT 1
SCHEDULE B
(continued)
22. An unrecorded lease with certain terms, covenants, conditions and provisions set forth therein as disclosed by the
document
Entitled: Subordination, Estoppel and Attornment Agreement
Lessor: Ikegami Properties L.L.C.
Lessee: Adzam, Inc.
Recording Date: January 17, 2019
Recording No.: 201901170278
Said Subordination, Estoppel and Attornment Agreement states that said lease was subordinated to the document
or interest described in the instrument
Recording Date: January 17, 2019
Recording No.: 201901170277
23. A financing statement as follows:
Debtor: Ikegami Properties L.L.C.
Secured Party: U.S. Bank National Association
Recording Date: January 17, 2019
Recording No.: 201901170279
24. The Company's liability for this report is limited to $1,000.00. This report is based on the company's property
records, and no liability is assumed for items misindexed or not indexed in the public records, or for matters which
would be disclosed by an inquiry of the parties in possession or by an accurate survey or inspection of the
premises. This report and the legal description given herein are based upon information supplied by the applicant
as to the location and identification of the premises in question, and no liability is assumed for discrepancies
resulting therefrom. This report does not represent either a commitment to insure title, an examination of, or
opinion as to the sufficiency or effect of the matter shown, or an opinion as to the marketability of title to the
subject premises.
END OF SCHEDULE B
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