Agent for Old Republic National Title Insurance Company ALTA COMMITMENT Title Order No.: 192370 1. Effective Date: July 11, 2013 at 8:00 a.m. Schedule A To: Windermere Manito, LLC 2829 South Grand Blvd., #101 Spokane, WA 99203 Attn: Suzy Dix 2. Policy or policies to be issued: a. ALTA Owners Policy (6-17-06) - Standard Coverage Amount $TO COME Proposed Insured: TO COME, (See Schedule C, Note No. 7) b. None Amount $ Proposed Insured: c. None Amount $ Proposed Insured: PREMIUM INFORMATION: A. Owners $TO COME Tax: $ Total: $ (Underwriter Fee $TO COME) (Agent Fee $TO COME) B. $ Tax: $ Total: $ C. $ Tax: $ Total: $ 3. The estate or interest in the land described herein and which is covered by this commitment is: FEE SIMPLE 4. The estate or interest referred to herein is at Date of Commitment vested in: JJJJ LIMITED PARTNERSHIP, a Washington limited partnership, (See Special Exception No. 5 and Schedule C, Note No. 8) 5. The land referred to in this Commitment is situated in the County of Spokane, State of Washington and is more fully described as follows: See Exhibit A attached hereto and made a part hereof Countersigned: Kim Hobbs SPOKANE COUNTY TITLE COMPANY NORTHBANK BUILDING, SUITE 100 TELEPHONE (509) 326-2626 1010 N. NORMANDIE STREET FAX (509) 327-7570 SPOKANE, WASHINGTON 99201 ESCROW FAX (509) 324-1375
Title Order No. 192370 Exhibit A That portion of the East half of Section 3, Township 23 North, Range 42 East of the Willamette Meridian, lying South of the South line of Anderson Road; INCLUDING the Mobile Home located thereon (See Special Exception No. 4); Situate in the County of Spokane, State of Washington.
ALTA COMMITMENT Schedule B Title Order No. 192370 Schedule B of the policy or policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company. GENERAL EXCEPTIONS: 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 the 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. K. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the Public Records, or attaching subsequent to the effective date hereof but prior to the date the proposed Insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment. SPECIAL EXCEPTIONS: 1. LIEN of real estate excise sales tax upon any sale of said premises, if unpaid; Tax Code: 1880(.0178) Page 1 of 2 of Schedule B
SCHEDULE B - continued Title Order No. 192370 2. GENERAL REAL ESTATE TAXES, (including amounts for Aquifer, Storm Water, Irrigation, Drainage Water, and Flood Control, if any), for the second half of the year 2013 due, but not delinquent until November 1, 2013; Full Year Amount billed: $3,777.67 1st Half Amount paid: $1,888.83 2nd Half Amount due: $1,888.84 Tax Account No.: 23034.9008 Affects: SE¼ Assessed Land Value: $285,600.00 Assessed Improvement Value: $ 9,500.00 Total Assessed Value: $295,100.00 Full Year Amount billed: $1,300.19 1st Half Amount paid: $ 650.09 2nd Half Amount due: $ 650.10 Tax Account No.: 23031.9040 Affects: Portion in NE¼ Assessed Land Value: $101,800.00 Assessed Improvement Value: $ 0.00 Total Assessed Value: $101,800.00 3. EASEMENT, including the terms, covenants and provisions thereof, as granted by instrument; Recorded: July 3, 1974 Recording No.: 7407030192 In favor of: Inland Empire Telephone Company, a Washington corporation and to its successors and assigns For: To enter and re-enter upon, and to construct, reconstruct, repair, operate and maintain its telephone line or system upon an existing Inland Power and Light Company pole line including the necessary wires, guys and fixtures Affects: Said premises and other property 4. IF A MOBILE HOME is located on this property, it will be excepted from the legal description and not insured by the policy unless the Certificate of Title is eliminated and the Mobile Home converted to real property, as required by Chapter 65.20 of the Revised Code of Washington, effective March 1, 1990. A Manufactured Home Title Elimination Application should be obtained from the Department of Licensing. The application must be signed by the registered and legal owners of the Mobile Home, the owner of the land, the City or County building permit office; approved by the Department of Licensing and recorded. All taxes must be paid and proof given to the Department. 5. TERMS AND CONDITIONS of the partnership under which title is vested. END OF SPECIAL EXCEPTIONS / KH/bjs Page 2 of 2 of Schedule B
ALTA COMMITMENT Title Order No.: 192370 Schedule C The following matters will not be listed as Special Exceptions in Schedule "B" of the Policy to be issued pursuant to this Commitment. Notwithstanding the absence of a Special Exception in Schedule "B" of the Policy to be issued, there will be no coverage for loss arising by reason of the matters listed below because these matters are either excepted from coverage under the General Exceptions section of Schedule "B", excluded from coverage under the Exclusions from Coverage or are not matters for which coverage is afforded under the insuring clauses of the Policy. NOTES TO CLOSER: 1. Requirements: Instruments creating the estate or interest to be insured must be approved and filed of record. 2. In the event the transaction fails to close and this commitment is canceled, a fee in the amount of $75.00 plus $6.53 tax will be charged to comply with the State Insurance Code and the filed schedule of this Company. 3. This Commitment shall not obligate the Company to issue any Endorsement. All Endorsements to be issued must be agreed to by the Company and appropriate for the estate insured. 4. Any sketch or map enclosed as an attachment herewith is furnished for information purposes only to assist in property location with reference to streets and other parcels. No representation is made as to accuracy and the Company assumes no liability for any loss occurring by reason of reliance thereon. 5. NOTE: In the event that the Preliminary Commitment Jacket is not attached hereto, all of the terms, conditions and provisions contained in said Jacket are incorporated herein. The Commitment Jacket is available for inspection upon request. 6. The address of said premises according to the Spokane County Tax Rolls, is as follows; 4611 West Anderson Road, Cheney, WA 99004. The above address is shown exactly as it is reported on the Spokane County Treasurer's tax roll. Any deviation from this would not conform to the County records. At times, however, where several agencies are included in the transaction, the configuration of the address will not always appear the same. Legal descriptions take precedence over street addresses. Therefore, if the legal descriptions match, the addresses are recognized by this Company to be one and the same for the subject property. 7. The names of the proposed insured were not furnished in the application for title insurance, and when disclosed will be subject to such matters as may be found by a search of the records against said names. 8. A copy of the current agreement or certificate of JJJJ LIMITED PARTNERSHIP, a purported Washington limited partnership, and any amendments thereto, must be properly filed of record and submitted. Any conveyance or encumbrance of partnership property must be executed by all of the general partners, including spouses, if any, unless otherwise provided for in said filed agreement. Page 1 of 2 of Schedule C
SCHEDULE C - continued Title Order No. 192370 9. For informational purposes only, the abbreviated Legal Description of the subject premises is as follows: PTN E½ OF 03-23-42 EWM. 10. The subject premises may lie within a County Sewerage Area. An inquiry should be made to the Spokane County Utilities Department for any charges that may be owed. For information call (509) 477-3604. 11. The policy requested in the application for title insurance is the Expanded ALTA Homeowner's Policy of Title Insurance (01-01-08). Said policy is not available for this property and the ALTA Owners Policy (6-17-06) - Standard Coverage, as identified in Schedule A herein, will be issued. END OF SCHEDULE C TITLE INFORMATION Title Officer: Kim Hobbs E-mail: kim@spokanetitle.com Spokane County Title 1010 N. Normandie St., #100 Spokane, WA 99201 PH: (509) 326-2626 FX: (509) 327-7570 Page 2 of 2 of Schedule C