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HomeMy WebLinkAbout2007 - Easement Agreement - CS&JH Leede / Village Partners Southcenter - 2007061900242020070619002420 WHEN RECORDED RETURN TO: Michael S. Courtnage Alston, Courtnage & Bassetti LLP 1000 Second Avenue, Suite 3900 Seattle, Washington 98104 -1045 Document Title: Easement Agreement Grantor: CS&JH Leede, LLC Grantee: Legal Description: Abbreviated Legal Description: Village Partners Southcenter, LLC Full Legal Description: See Exhibits 1 and 2 attached. Assessor's Tax Parcel Nos.: 0- 1701.; B1170201; 0 -1692; EASEMENT AGREEMENT RECITALS 3%I410I:05/15107 •1- MC:OURI\VILLAGE. PARTNFRS SOIITIICENTFR. LL :(il N ER AI. t 2007061.9002420 ALSTON EAS 45.00 PAGE001 OF 014 . 06/19/Z007 14:39 KING COUNTY, WA EXCISE TAX NOT REQUIRED King Co. Records By --` Y Zee THIS AGREEMENT entered into as of this I L - day of /��[/t�� 2007, between CS &JH LEEDE, LLC, a Washington limited liability company ( "Leede ") and VILLAGE PARTNERS SOUTE[CENTER, LLC, a Washington limited liability company ( "VPS "): A. Leede is the owner of a parcel of real property located in King County, Washington, which are described more particularly on Exhibit 1 hereto (collectively the "Leede Parcel "). B. VPS is the owner of a parcel of real property located in King County, Washington, which is adjacent to the Leede Parcel and is described more particularly on Exhibit 2 hereto (the "VPS Parcel "). (The Leede Parcel and the VPS Parcel are designated as the 400 Evans Block Drive and the Baker Boulevard Retail Center on the two page Site EASEM AG R4 Plan attached hereto as Exhibit 3 (the "Site Plan ") and are referred to collectively as the "Entire Property.") C. The parties see a mutual benefit to shared parking and access and have agreed to grant certain easements affecting portions of the Leede and VPS Parcels that they wish to reflect in writing. NOW, THEREFORE, the parties covenant and agree as follows: ] . Easements. (a) Leede hereby grants to VPS and its successors and assigns in title or interest to all or any portion of the VPS Parcel a non - exclusive easement for vehicular and pedestrian ingress to and egress from the VPS Parcel over and upon the drive aisles on the Leede Parcel, as those are presently depicted on the Site Plan or may hereafter be located (the "Access Easement Area ") to the public street. This easement is for the benefit of the VPS Parcel. (b) Upon completion of construction of the improvements depicted on the Site Plan, V PS hereby grants to Leede and its successors and assigns in title or interest to all or any portion of the Leede Parcel a non - exclusive easement (i) for vehicular parking upon the three (3) parking stalls to be constructed on the VPS Parcel, as depicted on the Site Plan (the "Parking Stalls ") and (ii) for vehicular and pedestrian ingress to and egress from the Leede Parcel over and upon the drive aisles on the VPS Parcel adjacent to the Parking Stalls, as those drive aisles are presently designated on the Site Plan or may hereafter be located (collectively the "Parking Easement Area ") to the Parking Stalls. This easement is for the benefit of the Leede Parcel. (c) Leede grants to VPS a non - exclusive easement (i) to enter the Leede Parcel to enable VPS to install, at its expense, the Parking Stalls, new loading area, screened trash /recycling enclosure (the "Enclosure ") and new landscaping improvements depicted on the Site Plan and, in conjunction therewith, to also permit ITS to restripe the parking lot on the Leede Parcel at VPS's expense in the manner depicted on the Site Plan and (ii) to use the Enclosure and new loading area and (iii) to maintain the Enclosure and landscape area described in paragraph 2 below. (d) Each party grants to the other a non - exclusive easement for maintenance and repair of the landscaping and improvements which directly straddle the common boundary line between the Leede and VPS Parcels. 2. Maintenance. VPS shall maintain the Enclosure and the new landscape area shown on the Site Plan that lies to the east of the Parking Stalls at its expense. Otherwise, each party shall be responsible for maintaining the Easement Area on its Parcel in good order, repair and condition at its sole cost and expense. 3901',001:05/1510' 2 EASEMENT AC R4 MCOURT'\VILLAGE PARTNERS SOUTHCIiNTER. LI.ClGENERAI. 3. Indemnity; Insurance. The owner or owners of each of the Leede Parcel and the VPS Parcel shall indemnify and defend the owner or owners of the other Parcel(s) against, and hold the others harmless from and against, all claims, demands, liabilities, costs and expenses (including reasonable attorneys' fees) suffered by or claimed against the other owner(s) of the other Parcel(s) as the result of or caused by a claim asserted by any third party for damage or injury suffered on the Easement Areas as a result of the negligence or misconduct of the indemnifying owner. When a claim or demand results from negligence or misconduct attributable to both owners, each owner will be responsible for the claim or demand in proportion to its allocable share of such joint negligence or misconduct. Each party shall maintain commercial general liability insurance on its Parcel with combined minimum limits of not less than One Million Dollars ($1,000,000) per occurrence for property damage and bodily injury. 4. Limitation. Nothing contained in this document shall limit the rights of any owner of either party Parcels to construct, reconstruct, alter, remove or relocate buildings, improvements, landscaping or other features on the non - Easement Areas of its Parcel. 5. Successors and Assigns. The term "successors and assigns in title or interest" to the Leede and VPS Parcels includes, but is not limited to, mortgagees, beneficiaries of deeds of trust, secured parties under security agreements, any purchaser upon the foreclosure of any such security interest or transfer in lieu thereof and purchasers under real estate contracts, together with tenants, employees, agents, contractors, licensees, guests and business invitees of such persons. 6. Eminent Domain. In the event of any exercise of eminent domain or transfer in lieu thereof of any part of the Easement Area, the award attributable to the land and improvements of such portion of the Easement Area shall belong to and be payable only to the owner in fee thereof and no claim thereon shall be made by the owners of the other Parcel. 7. Litigation. In the event of breach or threatened breach of this Agreement, the record owners of all or a portion of the Leede Parcel or of the VPS Parcel shall be entitled to institute legal proceedings for relief from the consequences of said breach. The prevailing party in any such action shall be awarded its costs and expenses, including reasonable attorneys' fees, which shall be deemed to have accrued on the commencement of such action and shall be awarded whether or not such action is prosecuted to judgment. 8. Default. If the owner of either Parcel shall default in the full, faithful and punctual performance of any obligation required hereunder, and if at the end of thirty (30) days after written notice from any owner of another Parcel or the party to whom its authority has been delegated, stating with particularity the nature and extent of such default, the defaulting owner has failed to cure such default, and if a diligent effort is not then being made to cure such default, then any other owner of a Parcel or the party to whom its authority has been delegated shall, in addition to all other remedies it may have at law or in 3901 \001:05/15/07 •3- EASEMENT AGR4 MCOURT`•.VILLAGE PAR'T'NERS SOUfHC1-;NTF:R, LI.CAGENERAL equity, have the right to perform such obligation of this Agreement on behalf of such defaulting owner and recover the cost thereof together with interest at the rate of twelve percent (12 %) per annum. Any such claim for reimbursement, together with interest as aforesaid, shall be a secured right and a lien shall attach and take effect upon recordation of a lien claim by the claimant with the King County Recorder's Office. The claim of lien shall include the following: (1) the name of the claimant; (2) a statement concerning the basis of the claim of the lien; (3) the last known name and address of the owner or reputed owner of the Parcel against which the lien is claimed; (4) a description of the Parcel against which the lien is claimed; (5) a description of the work performed or payment made which has given rise to the claim of lien hereunder and a statement itemizing the amount thereof, and (6) a statement that the lien is claimed pursuant to the provision of this Agreement. The notice shall be duly verified, acknowledged and contain a certificate that a copy thereof has been served upon or mailed to the party against whom the lien is claimed, either by personal service or by mailing (first class, certified, return receipt requested) at the address for mailing of tax statements with respect to the property against which the lien is claimed. A party which files a lien shall be obligated to release the lien if the owner of the parcel posts a bond or deposits cash equal to one hundred fifty percent (150 %) of the liened amount as security for the payment thereof The lien so claimed shall attach from the date of recordation solely in the amount claimed thereby and it may be enforced in any manner allowed by law for the foreclosure of liens. Notwithstanding the foregoing, such liens shall be subordinate to any mortgage or deed of trust given in good faith and for value now or hereafter encumbering the Parcel subjected to the lien which is recorded prior to the date of such lien, and any purchaser at any foreclosure or trustee's sale (as well as any grantee by deed in lieu of foreclosure or trustee's sale) under any first mortgage or deed of trust shall take free and clear from any such then existing lien, but otherwise be subject to the provisions of this Agreement. The failure of the owner or owners of a Parcel to insist in any one or more cases upon the strict performance of any of the promises, covenants, conditions, restrictions or agreements herein, shall not be construed as a waiver or relinquishment for the future breach of the provisions hereof. 9. Rights and Obligations of Lender. The charges and burdens of this Agreement are, and shall at all times be, prior and therefore superior to the lien or charge of any mortgage or deed of trust hereafter made in good faith and for value affecting the Leede or VPS Parcels or any part thereof, or any improvements now or hereafter placed thereon, but are subordinate to the security interests of record on the date hereof A breach of any of the easements, covenants, or restrictions hereof shall not defeat or render invalid the lien or charge of any mortgage or deed of trust. The superiority of this Agreement shall be limited to the extent that title to any property acquired through sale under foreclosure of any mortgage or deed o affected by power of sale, judicial proceedings, or otherwise, shall be subject to all the charges and burdens affecting the Leede and VPS Parcels by virtue of this Agreement, as noted in paragraph 8 hereof 10. Release From Liability. Any person acquiring fee title to the Leede or VPS Parcels or any portion thereof shall be bound by this Agreement only as to the Parcel or 390 l''00 I:05/15/07 .4- EASEMENT AG R4 MCOURT\VILC..AGE PARTNERS SOIITUCENTER. 1.LC''GENERAL portion of the Parcel acquired by such person. Such person shall be bound by this Agreement only during the period such person is the fee owner of such Parcel or portion of the Parcel, except as to obligations, liabilities or responsibilities that accrue during said period. Although persons may be released under this paragraph, the easements, covenants and restrictions of this Agreement shall continue to be easements, covenants and restrictions upon the Parcels, running with the land, and shall inure to the benefit of, and be binding upon their successors and assigns in title or interest. 11. Not a Public Dedication. Nothing herein contained shall be deemed to be a gift or dedication of any portion of the Parcels to the general public or for the general public or for any public purposes whatsoever, it being the intention of the parties hereto that this Agreement shall be strictly limited to and for the purposes herein expressed. The right of the public or any person to make any use whatsoever of the Easement Areas of the Parcels herein affected, or any portion thereof (other than any use expressly allowed by a written or recorded map, agreement, deed or dedication) is by permission, and subject to the control of the owner. Notwithstanding any other provisions herein to the contrary, the owners of the Parcels may periodically restrict ingress and egress from the Easement Areas in order to prevent a prescriptive easement from arising by reason of continued public use. Any restriction on ingress and egress shall be limited to the period reasonably necessary to prevent the creation of a prescriptive easement and, to the extent reasonably practical, shall occur at such time as to have a minimum effect on the parties hereto. 12. Rules and Regulations. The owners of each Parcel shall have the right to establish reasonable rules and regulations related to the use of its Parcel under terms of this Agreement. 13. Early Termination. If an owner of a Parcel defaults in its obligations hereunder or violates any rules or regulations established by the other Parcel owner and fails to cure such default or breach within thirty (30) days after written notice thereof; or if the owner of a Parcel materially and permanently changes the nature or intensity of the use of its Parcel or the Easement Area, the owner of the other Parcel shall have the right to terminate this Agreement upon thirty (30) days prior written notice to the other party. Further, if there is a sale of a Parcel or if there is a disagreement among the parties as to the paragraph 12 rules and regulations or other matters related to this Agreement or its impact on a Parcel that cannot be resolved within one hundred eighty (180) days, then either owner may terminate this Agreement upon thirty (30) days prior written notice to the other party. 14. Notices. All notices provided for herein may be delivered in person, sent by Federal Express or other overnight courier service or mailed in the United States mail postage prepaid and, if mailed, shall be considered delivered three (3) days after deposit in such mail. The addresses to be used in connection with such correspondence and notices are the following, or such other address as a party shall from time to time direct: 3901 %001 :05/15/07 -5- EASrMENT AGR4 MCAIJRTNII,i.AGE PARTNERS SOUTIiCI'!NTER. Id,CCENi;RAL Leede: VP S: 15. Miscellaneous. 9539 NE l 5t Street Bellevue, Washington 98004 Attn: Charles Doland 1420 Fifth Avenue, Suite 2200 Seattle, WA 98101 Attn: Mark McDonald (a) Headings. The headings in this Agreement are for convenience only and do not in any way limit or affect the terms and provisions hereof (b) Unenforceability. If any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect the remainder of such provision or any other provisions hereof (c) Gender. Wherever appropriate in this Agreement, the singular shall be deemed to refer to the plural and the plural to the singular, and pronouns of certain genders shall be deemed to include either or both of the other genders. (d) Governing Law. This Agreement shall be construed and enforced in accordance with the laws ofthe State of Washington. (e) Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but which when taken together shall constitute one and the same instrument. (f) Amendment. This Agreement may be modified, amended or canceled only by further written agreement of all record owners ofthe Leede and VPS Parcels. 16. Entire Agreement. This Agreement constitutes the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior agreements, oral or written, express or implied, and all negotiations or discussions of the parties, whether oral or written, and there are no warranties, representations or agreements among the parties in connection with the subject matter hereof except as set forth herein. 390P001:05/15/07 G- EASEMENT AGR4 MCOURTIVILLAGE PARTNERS SOUTNCENTER. LLC"+GEN ERAI. IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. LEEDE CS &JH LEEDE, LLC, a Washington limited liability comp. VPS l B y Its ft-Lk A;1a &L tz- M- 6/ VILLAGE PARTNERS SOUTHCENTER, LLC, a Washington limited liability company Mark McDonald, Manager Mern f 3901 MODI:05 /15107 -7- EASEMENT AGR4 MCOI:RT`.VILLAGE PARTNERS SOUTHCENTER. I,I.C•C,EN ERA[. STATE OF WASHINGTON ) COUNTY OF KING ) On this 7 day of Nt / , 2007, before me, the undersigned, a Notary Publi in and for the State of Washington, duly commissioned and sworn personally appeared e i f1&c-k- Or L MJO , known to me to be the I.A C ?tilt of CS &JH LEEDE, LLC, the limited liability company that executed the foregoing instrument and acknowledged the said instrument to be the free and voluntary act and deed of said limited liability company, for the purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. ss. I certify that I know or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document. WITNESS my hand and official seal hereto affixed the day and year in the certificate above written. COLLO sTAT'OF VAISHIDIGTOtt NOTARY — • -- PUSLC Si ialu • J �t�•c \a,i 4 - • — - r`. Prim K.i c NOTARY PUBLIC in and for the State of Washington, residing at 3.•: -- ` k._E... My commission expires vl . ,z 3901'001:05/I5;i37 -R- EASEMENT AGR4 MCOCRTSVILL.AGF PARTNERS SOUTEICE,NTI-R. LLCIGENERAI. STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) • On this \ I' day of S\r\l:;. , 2007, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn personally appeared MARK McDONALD, known to me to be the Manager of VILLAGE PARTNERS SOUTHCENTER, LLC, the limited liability company that executed the foregoing instrument and acknowledged the said instrument to be the free and voluntary act and deed of said limited liability company, for the purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. I certify that I know or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document. WITNESS my hand and official seal hereto affixed the day and year in the certificate above written. c . [ tiv 66rirtgicPf *et/X.1C 3901\OD!:O5/15117 MCOURT`,WILL.AC;F, PARTNERS SOUTH(:ENTER. EN FR AL: ,S ignitor x \ Print Nmmc NOTARY PUBLIC in and for the State of Washington, residing at My commission expires IJISEMENT AGR4 Dated: :2 3i- STATE OF WASHINGTON ) ) ss. COUNTY OFG. M ' N5 ) I CONSENT The undersigned, being a secured lender with respect to the VPS Parcel, hereby consents to the foregoing Easement Agreement and agrees that it will have priority over the lien of the undersigned's Deed of Trust. , 2007 FRONTIER BANK ,:- B Its !/; r r` /,, 47 On this , .3 - -t day of t+ , 2007, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn personally a eared ) 1 m C_CU I , known to me to be the,5416r Vte ' of FRONTIER BANK, thecj_.cc o,N that executed the foregoing instrument, and aclatowledged the said instrument to be the free and voluntary act and deed of said C:kiGiti,'tt\9`l , for the purposes therein mentioned, and on oath stated that he/she was authorized to execute said instrument. I certify that I know or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document. WITNESS my hand and official seal hereto affixed the day and year in the certificate above written. M. Ls. � �;. y ' {'� Signature NC A.. Fr'.' l y� PU Llf -b M. Aiv Print Name NOTARY PUBLIC in and for the State of Washington, residing at My commission expires 39011001:05!I5/07 -10- EASEMENT AGR4 M COURT\Vi LLAGE PARTNIiRS SO UT FI(' ENT ER, LLC•QIiNERAL EXHIBIT I THAT PORTION OF TRACT 3 OF THE PLAT OF ANDOVER INDUSTRIAL PARK NO. 2, ACCORDING TO THE PLAT RECORDED IN VOLUME 71 OF PLATS, PAGE 68 AND 69, IN KING COUNTY , WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID TRACT 3; THENCE SOUTH 01 ° 05'06" WEST ALONG THE EASTERLY LIMITS OF SAID TRACT 3 A DISTANCE OF 30.00 FEET; THENCE NORTH 88 ° 25'27" WEST A DISTANCE OF 175.00 FEET TH THE NORTHWEST CORNER OF THAT CERTAIN TRACT OF LAND AS COVEYED TO FRANK C. BUTY ET AL., BY DEED RECORDED UNDER AUDITOR'S FILE NO. 7109070112, AND THE TRUE POINT OF BEGINNING; THENCE SOUTH 01 ° 05'06" WEST A DISTANCE OF 200.00 FEET TO THE NORTHEAST CORNER OF THAT CERTAIN TRACT OF LAD AS CONVEYED TO HUGH S. FERGUSON AND HIS WIFE JANE A. FERGUSON BY DEED RECORDED UNDER AUDITOR'S FILE No. 6145317; THENCE NORTH 88 ° 25'27" WEST A DISTANCE OF 201.01 FEET TO TILE SOUTHEAST CORNER OF THAT CERTAIN TRACT OF LAND AS CONVEYED TO H. JAY GOULD AND HIS WIFE LEOTO GOULD, BY DEED RECORDED UNDER AUDITOR'S FILE NO. 6050292; THENCE NORTH 0105'06" EAST A DISTANCE OF 200.00 FEET; THENCE SOUTH 88 ° 25'27' EAST A DISTANCE OF 201.01 FEET TO THE TRUE POINT OF BEGLN'NLNG. ?AGE 9 EXHIBIT 2 LEGAL DESCRIPTION EXHIBIT (Paragraph 4 of Schedule continuation) THAT PORTION OF TRACT 3, ANDOVER INDUSTRIAL PARK NO. 2, ACCORDING TO THE PLAT THEREOF, RECORDED IN VOLUME 71 OF PLATS, PAGES 68 AND 69, IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID TRACT 3; THENCE SOUTH 9B °25'27" EAST ALONG THE SOUTHERLY LIMITS OF SAID TRACT 3, A DISTANCE OF 250.00 FEET TO THE TRUE POINT OF BEGINNING, SAID POINT BEING THE SOUTHEAST CORNER OF THE DAVIDSON PRODUCTS COMPANY SITE, AS DESCRIBED IN THAT INSTRUMENT RECORDED UNDER RECORDING NUMBER 5775047; THENCE NORTH 01 °05'06" EAST A DISTANCE OF 214.00 FEET TO THE SOUTHERLY BOUNDARY OF THE KIRSCH COMPANY SITE, AS RECORDED UNDER RECORDING NUMBER 6110635; THENCE SOUTH 86 °25'27" EAST A DISTANCE OF 152.01 FEET TO THE SOUTHEAST CORNER OF SAID KIRSCH COMPANY SITE; THENCE SOUTH 01 °05'06" WEST A DISTANCE OF 214.00 FEET TO THE SOUTHERLY LIMITS OF SAID TRACT 3; THENCE NORTH 8B °25'27" WEST A DISTANCE OF 152.01 FEET TO THE TRUE POINT OF BEGINNING. . object + space ltd .1.• 10111111••••••0•71Mel• 11/■•■14.110 OWNS DUCK ORNY EXHIBIT 3 3901 '001 :05/15:117 -13 MC7()LIRTWILI AGE PARTNERS SOlITHCENTER, 1.1.C.GEN MAL MIS IIIVD MAIL OVT111/ FltleattO PAILS .MINAfr SIT 'AU WALL rat 3/14/32:0 Al EASEMENT AG R4 object • space ltd .slr .gorier s r _Ka Sti WO MAL CUM fKXIMlUM II CMG F•fb/L.. PNIW 91tPI SCA /VIC - r1Y SBNi7v A2 3901`001 :05/15107 -15- EASEMENT AGR4 MCOl1RT'WILLAGIi PAK7NERS SOUTHCENTER, L.LC'\G! NERAL