1939 Title Insuranceis
Id ems! A.1 l 1• a.
VA
SEATTLE, WASHINGTON
CAPITAL $1,35❑,❑❑O
PUR-C=? EAR% 13.01dC
.AMOUNT $ 600. 00 PREMIUM $ 21 . 00 POLICY No. g-8600
For value, WASHINGTON TITLE INSURANCE COMPANY, hereinafter called the company, a cor-
poration incorporated under the laws of the State of Washington and duty authorized by the State Insurance
Commissioner to insure titles, does hereby insure, subject to the annexed conditions, hereby made a part of this
policy, SCHOOL DISTRICT NO. 15,
representatives (if a corporation, its successors) and assigns, hereinafter called the insured, against loss or damage
not exceeding — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
SIX HUNDRED— — — — — — — — — — — — — — — — — — — — — — — — — — — Dollars,
which the insured may sustain by reason of any defect in the title of HORTON BRACKETT,
hereinafter referred to as the seller, to all the estate or interest in the premises specified and described in Schedule
A, hereto annexed and hereby made a part of this policy, or by reason of liens or encumbrances charging the same,
at the date of this policy, save and except this policy does not insure against loss or damage by reason of any estate
or interest, defect, lien, encumbrance or objection noted in annexed Schedule B, which is a part hereof. Any loss
under this policy is to be established in the manner provided in said conditions and shall be paid upon compliance
by the insured with and as prescribed in said conditions, and not otherwise.
IN WITNESS WHEREOF, the company has caused these presents to be authenticated by the facsimile
signatures of its President and its Manager respectively, lithographed hereon, and its corporate seal to be affixed;
but this policy is not valid unless attested by a Vice -President, the Secretary or an Assistant Secretary.
Dated this 31s't day of May,
19 39, at eight o'clock A. M.
}
Manage�.
Assistant Secretary.
SCHEDULE A
1. The estate or interest of the seller covered by this policy.
Fee simple estate, presumptively subject to the community
interest of his wife, if married March 10, 1939, date of
acquiring title.
2. The premises in which the seller has the estate or interest covered by this policy.
IN THE COUNTY OF SNOHOMISH, STATE OF WASHINGTON
Portion of Government lot two (2), section twenty-four (24),
township twenty-seven (27) north, range three (3) east W.M.,
described as follows:
Beginning at the intersection of the east line of Sixth
Street with the north line of Glen Street,, as shown on the
Plat of Brackett's First Addition to Edmonds, according to
plat thereof recorded in volume 8 of plats, page 47, records
of said county; running thence north along the east line of
Sixth Street, 90 feet; thence east parallel to Glen Street,
135 feet; thence south parallel to Sixth Street, 90 feet to
the north line of Glen Street; thence west along the north
line of Glen Street, 135 feet to the point of beginning.
PAGE 2 OF POLICY NO. P-8600
SCHEDULE B
This policy does not insure against:
1. Questions of location, boundary and area; overlaps and encroachments by improvements belonging to
these or adjoining premises; all dependent upon actual survey for determination.
2. The existence of roads or ways not established of record, or existence of county roads.
3. Rights or claims of persons in possession or claiming to be in possession, not shown of record; rights
claimed under instruments of which no notice is of record and rights or claims based upon facts of
which no notice is of record but of which the insured has notice; material or labor liens of which no
notice is of record; liens created under the Workmen's Compensation Act.
4. Exceptions and reservations in United States patents; regulations and restrictions provided by building
and zoning ordinances or resolutions.'
5. General taxes not yet payable; matters relating to special assessments and special levies, if any, preceding
the same becoming fixed and shown as a lien.
6. General taxes for the year 1937 delinquent in the original
amount of r27.19.
General taxes for the year 1938 payable in the sum of $-29.39.
( `i'axcis include said premises and other property)
7. Local improvement assessments, if any, levied by the Town of
Edmonds.
8. Any unpaid charges for water or electric light or power fur-
nished to said premises by a city, town or district.
(End of Schedule B)
PAGE 3 OF POLICY NO. 7-8800
CONDITIONS.OF THE POLICY
1. NOTICE OF DEFECT, SUIT OR ACTION: The Company shall have the right to, and will, at its
own cost, defend the insured in all suits, actions or proceedings founded upon a claim of title, encumbrance or
defect which existed or is claimed to have existed prior in date to this policy and not excepted herein; reserving,
however, the option at any time of settling the claim or paying the policy in full. In case any such suit, action or
proceeding shall be instituted it shall be the duty of the insured at once to give notice thereof in writing -to the com-
pany at its Home Office, and, if the insured is a party to such suit, action or proceeding, to secure to the company,
within ten days after service of the first process upon the insured, the right to defend such suit, action or proceed-
ing in the name of the insured so far as necessary to protect the insured, and to render all reasonable assistance in
such defense. If such notice shall not be given, or the right to defend secured, as above provided, then all liability
of the company with regard to the subject matter of such suit, action or proceeding shall cease and be determined;
provided, however, that failure to give such notice shall in no case prejudice the insured if the insured shall not have
any knowledge of such suit, action or proceeding.
2. CLAIM OF LOSS; PAYMENT OF LOSS: In the event of final judicial determination by a court of
competent jurisdiction, under which the insured is dispossessed or deprived of the premises covered hereby or the
estate or interest insured is impaired by reason of any adverse interest, lien or encumbrance not excepted herein, or,
if this policy covers a mortgagee's interest, and such final judicial determination shall defeat or impair the mort-
gagor's title to all or any part of said premises or establish the priority to the mortgage of a lien or encumbrance
not excepted in this policy, claim may be made hereunder, provided the conditions have been complied with in all
respects. A statement in writing of any loss or damage, for which it is claimed the company is liable under this policy,
shall be furnished to the company within sixty days after such loss or damage shall have been ascertained. No
right of action shall accrue under this policy until thirty days after such statement shall have been furnished and no
recovery shall be had under this policy unless an action shall have been commenced thereon within one year after the
expiration of said thirty days.
3. LIMIT OF LIABILITY; SUBROGATION: The Company may at any time pay this policy in full,
whereupon all liability of the company shall terminate. The total liability under this policy, exclusive of costs
(the costs not including in any case fees of counsel or attorneys employed by the insured), shall in no case exceed
the face of the policy, and every payment by the company shall reduce the policy by the amount paid. When the
company shall have paid a loss under this policy it shall be subrogated to all rights and remedies which the insured
may have against any person or property with respect to such claim, or would have if this policy had not been issued,
and the insured shall forthwith transfer all such rights to the company accordingly. If the payment made by the com-
pany does not cover the loss of the insured, such subrogation shall be proportionate. In case this policy covers
a mortgagee's interest only, the company may pay the insured the entire mortgage indebtedness, with interest at the
rate specified in the mortgage, and thereupon the insured shall assign and transfer to the company the mortgage and
the indebtedness secured thereby, together with all instruments evidencing or securing the same, or shall convey to the
company any estate lawfully vested in the insured by virtue of acquisition of said premises, and all liability of the
company shall thereupon terminate. Demand for payment must be accompanied by production of the policy for endorse-
ment of such payment. If the policy be not so produced, indemnity satisfactory to the company must be furnished.
4. REFUSAI, TO PURCHASE ESTATE: The Company shall not be liable for any loss or damage result-
ing from the refusal of any party to enter into, or carry out, any contract respecting the estate or interest insured.
5. LIABILITY UNDER MORTGAGEE'S POLICY: If this policy covers a mortgagee's interest only and
the insured acquires said premises, or any part thereof, by foreclosure,or in other legal manner,in satisfaction of said
indebtedness, or any part thereof, this policy shall continue in force in favor of such insured, subject to all of the
conditions hereof applicable to an owner of land.
PAGE 4 OF POLICY No. g-8600
TITLE IN
COMPA11
A'-� Z
R 3 F
-A"
SNOHOMISH COUNTY ABSTRACT
COMPANY
AGENT
2915 WETMORE AVENUE
EVERETT, WASHINGTON