608 State St. South Kirkland, WA 98033 www.faira.com hello@faira.com +1.800.571.FAIR FAIRA TRANSPARENCY REPORTS 191 Country Ln, Sequim, WA 98382 Thank you for your interest in this Faira Certified home. We have coordinated the efforts of certified and licensed inspection and title professionals to create the Faira Transparency Reports for this home. The Faira Transparency Reports are a detailed portfolio of information that is prepared on behalf of buyers in preparation for making an informed offer on the property. You may view more detailed information for this home and can make an offer at http://www.faira.com/listings/11850 All of the information in the Faira Transparency Reports was gathered and compiled without any bias or influence from the seller(s). In fact, these reports are materially identical had you as the buyer(s) ordered the same professionals to perform the evaluations on the same date. Nevertheless, Faira takes no obligation of the reports being complete or accurate. The buyers are recommended to conduct their own due-diligence to their satisfaction. Please contact us if you have any questions or would like more information. We re happy you ve chosen a Faira Certified home and look forward to the opportunity of working with you! The Faira Team
SCHEDULE B ORDER NO.: 112452PS-BC EXCEPTIONS. 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. A. STANDARD EXCEPTIONS SET FORTH ON INSIDE BACK COVER. B. 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 FOR VALUE OF RECORD THE ESTATE OR INTEREST OR MORTGAGE THEREON COVERED BY THIS COMMITMENT. 1. REAL ESTATE EXCISE TAX PURSUANT TO THE AUTHORITY OF R.C.W. 82.45 AND SUBSEQUENT AMENDMENTS THERETO. AS OF THE DATE HEREIN, THE EXCISE TAX RATE FOR SAID PROPERTY IS 1.78%. 2. GENERAL TAXES, (ASSESSMENTS FOR FIRE PATROL, IRRIGATION AND/OR WEED CONTROL, IF ANY) AS FOLLOWS, TOGETHER WITH INTEREST, PENALTY AND STATUTORY FORECLOSURE COSTS, IF ANY, AFTER DELINQUENCY: (1 ST HALF DELINQUENT ON MAY 1; 2 ND HALF DELINQUENT ON NOVEMBER 1) TAX ACCOUNT NO.: 04-30-10-320125 PROPERTY ID NO.: 36144 YEAR: 2018 AMOUNT BILLED: $4128.84 AMOUNT PAID: NONE PRINCIPAL BALANCE: $4128.84 3. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: OLYMPIC POWER CO PURPOSE: ELECTRIC TRANSMISSION LINES AREA AFFECTED: PORTION OF PROPERTY HEREIN DESCRIBED RECORDED: APRIL 17, 1912 RECORDING NO.: 58975 4. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: THE PACIFIC TELEPHONE AND TELEGRAPH COMPANY PURPOSE: ONE ANCHOR AREA AFFECTED: PORTION OF PROPERTY HEREIN DESCRIBED RECORDED: APRIL 26, 1930 RECORDING NO.: 135850
5. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: PUBLIC UTILITY DISTRICT NO. 1 OF CLALLAM COUNTY PURPOSE: ELECTRIC TRANSMISSION AND DISTRIBUTION LINE OR SYSTEM AREA AFFECTED: PORTION OF PROPERTY HEREIN DESCRIBED RECORDED: SEPTEMBER 26, 1967 RECORDING NO.: 375887 6. PLEASE BE ADVISED THAT OUR SEARCH DID NOT DISCLOSE ANY OPEN DEEDS OF TRUST OF RECORD. IF YOU SHOULD HAVE KNOWLEDGE OF ANY OUTSTANDING OBLIGATION, PLEASE CONTACT THE TITLE DEPARTMENT IMMEDIATELY FOR FURTHER REVIEW PRIOR TO CLOSING. 7. THE LAND DESCRIBED IN THIS COMMITMENT APPEARS TO BE RESIDENTIAL IN NATURE AND MAY BE SUBJECT TO THE PROVISIONS OF R.C.W. 6.13.060 PROVIDED THE LAND IS OCCUPIED AS A HOMESTEAD. IF THE LAND IS OCCUPIED AS A HOMESTEAD, ALL INSTRUMENTS CONVEYING OR ENCUMBERING THE LAND MUST BE EXECUTED BY EACH SPOUSE INDIVIDUALLY, OR BY AN ATTORNEY-IN-FACT. NOTE #1: THE COMPANY HAS BEEN ASKED TO ISSUE AN OWNER S POLICY WITHOUT DISCLOSURE OF THE LIABILITY AMOUNT. OLYMPIC PENINSULA TITLE HAS NO LIABILITY UNDER THIS COMMITMENT AND THE COMMITMENT SHALL BE EFFECTIVE ONLY WHEN THE AMOUNT OF THE POLICY COMMITTED FOR HAS BEEN INSERTED IN SCHEDULE A HEREOF. THE FORTHCOMING POLICY MUST BE ISSUED IN AN AMOUNT AT LEAST EQUAL TO THE FULL VALUE OF THE ESTATE INSURED IN ACCORDANCE WITH OUR RATING SCHEDULE ON FILE IN THE OFFICE OF THE WASHINGTON STATE INSURANCE COMMISSIONER. THE COMPANY MAY HAVE FURTHER REQUIREMENTS IF THE UNDISCLOSED AMOUNT TO BE INSURED EXCEEDS THE CURRENT ASSESSED VALUATION. NOTE #2: TITLE WILL BE VESTED IN PARTIES YET UNDISCLOSED. OLYMPIC PENINSULA TITLE HAS NO LIABILITY UNDER THIS COMMITMENT UNTIL TITLE IS VESTED, AT WHICH TIME THEIR TITLE WILL BE SUBJECT TO MATTERS OF RECORD AGAINST THEIR NAMES. NOTE #3 NOTICE: PLEASE BE AWARE THAT DUE TO THE CONFLICT BETWEEN FEDERAL AND STATE LAWS CONCERNING THE CULTIVATION, DISTRIBUTION, MANUFACTURE OR SALE OF MARIJUANA, THE COMPANY IS NOT ABLE TO CLOSE OR INSURE ANY TRANSACTION INVOLVING LAND THAT IS ASSOCIATED WITH THESE ACTIVITIES. NOTE #4 AS OF THE DATE HEREOF, WE FIND NO MATTERS OF RECORD IN CLALLAM COUNTY, WA, AGAINST n/a, WHICH WOULD APPEAR AS EXCEPTIONS IN THE POLICY TO ISSUE, EXCEPT AS SHOWN HEREIN. NOTE #5 INSTRUMENTS NECESSARY TO CREATE THE ESTATE OR INTEREST TO BE PROPERLY EXECUTED, DELIVERED AND DULY FILED FOR RECORD.
NOTE #6 THE COMPANY REQUIRES THE PROPOSED INSURED TO VERIFY THAT THE LAND COVERED BY THIS COMMITMENT IS THE LAND INTENDED TO BE CONVEYED IN THIS TRANSACTION. THE DESCRIPTION OF THE LAND MAY BE INCORRECT, IF THE APPLICATION FOR TITLE INSURANCE CONTAINED INCOMPLETE OR INACCURATE INFORMATION. NOTIFY THE COMPANY WELL BEFORE CLOSING IF CHANGES ARE NECESSARY. CLOSING INSTRUCTIONS MUST INDICATE THAT THE LEGAL DESCRIPTION HAS BEEN REVIEWED AND APPROVED BY ALL PARTIES. NOTE #7 THERE ARE NO CONVEYANCES AFFECTING SAID LAND RECORDED WITHIN 24 MONTHS OF THE DATE OF THIS REPORT. NOTE #8 THE BRIEF LEGAL DESCRIPTION IS AS FOLLOWS: N264 W2E2NWSW IN S10-T30N-R4W WM END OF EXCEPTIONS INVESTIGATION SHOULD BE MADE TO DETERMINE IF THERE ARE ANY SERVICE, INSTALLATION, MAINTENANCE OR CONSTRUCTION CHARGES FOR SEWER, WATER, OR ELECTRICITY. IN THE EVENT THIS TRANSACTION FAILS TO CLOSE, A MINIMUM CANCELLATION FEE OF $50.00 + TAX WILL BE CHARGED FOR SERVICES RENDERED IN ACCORDANCE WITH OUR RATE SCHEDULE. END OF SCHEDULE B Agent for OLD REPUBLIC National Title Insurance Company Visit us at: www.olypentitle.com Commitment for Title Insurance
SCHEDULE C ORDER NO.: 112452PS-BC THE LAND REFERRED TO HEREIN IS SITUATED IN THE COUNTY OF CLALLAM, STATE OF WASHINGTON, AND DESCRIBED AS FOLLOWS: THE NORTH 264 FEET OF THE WEST HALF OF THE EAST HALF OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 10, TOWNSHIP 30 NORTH, RANGE 4 WEST, W.M., CLALLAM COUNTY, WASHINGTON; SITUATE IN CLALLAM COUNTY, STATE OF WASHINGTON. END OF SCHEDULE C
EXHIBIT A Order No.: 112452PS-BC LEGAL DESCRIPTION: THE NORTH 264 FEET OF THE WEST HALF OF THE EAST HALF OF THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 10, TOWNSHIP 30 NORTH, RANGE 4 WEST, W.M., CLALLAM COUNTY, WASHINGTON; SITUATE IN CLALLAM COUNTY, STATE OF WASHINGTON. ABBREVIATED LEGAL: N264 W2E2NWSW IN S10-T30N-R4W WM