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HomeMy WebLinkAbout2016 - Declaration of Ingress Egress and Utilities Easement - LIT Industrial Limited Partnership - 20160509000010When Recorded Return to: McCullough Hill Leary, P.S. 701 Fifth Avenue, Suite 6600 Seattle, WA 98104 Attn: Courtney Flora RECEIVED MAY 102016 Community Development 20160509000010 11 ERS,01:19 EXCISE TAX NOT REQUIRED By King Co ds Division Deputy DECLARATION OF INGRESS -EGRESS AND UTILITIES EASEMENT Grantor: Grantee: Legal description (abbreviated): Assessor's Tax Parcel #s: Recording # Related Document: LIT Industrial Limited Partnership, a Delaware limited partnership LIT Industrial Limited Partnership, a Delaware limited partnership Portion of Parcel E, Tukwila BLA #L 15-0005, recording #20150318900001. See Exhibits A and B. Portion of 352304-9119 N/A THIS DECLARATION QF INGRESS- GRESS AND UTILITIES EASEMENT ("Agreement") is made this f day of I y , 2016, by LIT INDUSTRIAL LIMITED PARTNERSHIP, a Delaware limited partnership ("Declarant"). RECITALS M A. Declarant is the owner of "New Parcel E" of the City of Tukwila Boundary Line Adjustment No. L 15-0005, as recorded under Recording Number 20150318900001, Records of King County, Washington ("Property"). The Property includes a sixty -foot private roadway along its east boundary known as the "Segale Park Drive A" (the"Drive"). B. Declarant proposes to complete a boundary line adjustment of the Property which will create the parcel legally described in Exhibit A ("Benefitted Property") as a separate legal lot. C. A strip of land is located between the Benefitted Property and the Drive, and the Benefitted Property will require an easement over said strip for access to the Drive. D. As used herein, "Remainder Property" means the Property excluding the Benefitted Property, "Grantor" means Declarant in its capacity as owner of the Easement Area Declaration of Ingress -Egress and Utilities Easement -1- 5/3/16 and the Remainder Property, and "Grantee" means Declarant in its capacity as owner of the Benefitted Property, and AGREEMENTS NOW, THEREFORE, Declarant declares and agrees, on behalf of its successors and assigns, as follows: 1. Declaration of Easement for Ingress and Egress. Grantor hereby declares, reserves, grants and conveys a perpetual, nonexclusive easement appurtenant to the Benefitted Property for the purposes of vehicular and pedestrian ingress and egress over, upon and across that portion of the Remainder Property legally described in Exhibit B attached hereto and depicted on Exhibit C attached hereto (the "Easement Area"). Grantee's right to use the Easement Area includes the right for Grantee, its successors and assigns, licensees, invitees, tenants, agents, contractors and employees ("Permitted Users") to use the Easement Area for ingress and egress to and from the Benefitted Property and the Drive. The Permitted Users shall not park in the Easement Area. Grantee shall not have the right to construct or install improvements or landscaping within the Easement Area, except for underground utilities pursuant to Section 2 below, nor shall the Permitted Users have the right to use the Easement Area for any purpose other than as set forth above. 2. Declaration of Easement for Utilities. Grantor hereby declares, reserves, grants and conveys a perpetual, nonexclusive easement appurtenant to the Benefitted Property for purposes of operating underground utilities in and under the Easement Area. Grantee may also install, maintain and repair underground utilities within the Easement Area provided that (i) such installation and maintenance shall not interfere with Grantor's use of the Remainder Property, and (ii) Grantee shall first obtain Grantor's written consent to the plans and schedule for utility work within the Easement Area, such consent not to be unreasonably withheld, delayed or conditioned by Grantor. 3. No Dedication to the Public. Nothing contained herein shall be deemed to be a gift or dedication of any portion of the Easement Area to the general public or for the general public or for any public uses whatsoever other than those specifically granted herein, it being the intention of Declarant that the Easements granted herein shall be strictly limited to and for the purposes herein expressed. 4. Notices. Any notice, request, approval, consent, demand, or other communication required or permitted to be given by any party to the other hereunder shall be in writing and addressed to the other party at its address for property tax notices pursuant to applicable King County records or at such other address as such party shall have last designated by notice to the other and shall be deemed to have been duly given when delivered personally or one (1) business day after deposit with reputable overnight courier or three (3) days after deposit as prepaid certified mail (return receipt requested) with the United States Postal Service. Declaration of Ingress -Egress and Utilities Easement -2- 5/3/16 5. Reservation. Grantor, as owner of the Remainder Property, reserves the right to use the Easement Area for any and all purposes (including granting additional easements and usage rights) which do not materially interfere with Grantee's use of the Easement Area for the purposes stated herein and are not otherwise inconsistent with the rights herein contained. 6. Attorneys' Fees. In the event either party employs an attorney to enforce or interpret any of the provisions of this Agreement, the prevailing party shall be entitled to recover its costs and reasonable attorneys' fees in connection with such action. 7. Assignment; Binding Effect. The Easements hereby granted and the conditions herein contained shall be a covenant running with the land and shall inure to the benefit of and be binding upon the parties hereto and their successors and assigns, including any subsequent owners of the Easement Area, the Benefitted Property and the Remainder Property. The Easements granted herein are intended solely for the benefit of the Benefitted Property and the easements and other rights and interests granted herein shall not be assigned or extended to any properties other than the Benefitted Property. 8. No Merger. It is the intention of the parties that the easements granted herein and covenants made herein shall not extinguish or terminate by operation of the doctrine of merger or otherwise by reason of existing or future common ownership of the real property described herein as the Remainder Property, the Easement Area and/or the Benefitted Property. [INTENTIONAL PAGE BREAK] Declaration of Ingress -Egress and Utilities Easement -3- 5/3/16 9. Miscellaneous. Time is of the essence hereof. The headings contained herein shall not be used to interpret the provisions hereof. This Agreement shall be construed under and governed by the laws of the State of Washington. Either party's failure to enforce any provision hereof shall not constitute waiver thereof in any future instance. If any provision hereof is held to be unenforceable, the remaining provisions shall continue in full force and effect. DATED as of the day and year first above written. DECLARANT: LIT INDUSTRIAL LIMITED PARTNERSHIP, a Delaware limited partnership By: LIT Holdings GP, LLC, a Delaware limited liability company, its general partner By: Lion Industrial Properties, L.P., a Delaware limited partnership, its sole member By: LIT GP Sub, LLC, a Delaware limited liability company, its general partner By: Lion Industrial Trust, a Maryland real estate investment trust, its sole member and manager By: Name: " T•�� k• I<;It�a.. Title: Declaration of Ingress -Egress and Utilities Easement -4- 5/3/16 STATE OF TEXAS ) ) ss. COUNTY OF DALLAS ) On the 5' day of ill fq , 2016, before me, a notary pupplic in and for the State and County aforesaid, personally aypeared TTal+ry 1Z, K.I11 Ak) , who acknowledged himself to be the CFO /7-2EZUte.Et of Lion Industrial Trust, a Maryland real estate investment trust, the sole member and manager of LIT GP Sub, LLC, a Delaware limited liability company, the general partner of Lion Industrial Properties, L.P., a Delaware limited partnership, the sole member of LIT Holdings GP, LLC, a Delaware limited liability company, the general partner of LIT Industrial Limited Partnership, a Delaware limited partnership, and that he, as such officer, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the authorized agent of the aforesaid Maryland real estate investment trust, Delaware limited liability companies and Delaware limited partnerships, by himself as suct(' IN WITNESS WHEREOF, I have hereunto set my hand and official seal. Notary Public for state of My Commission Expires: O ' O$I3018 0,01!.:,,,,, LESLIE C. ELKINS Notary Public, State of Texas =•. Comm. Expires 07-08-2018 "y`0'``;4 Notary ID 12832324.1 Declaration of Ingress -Egress and Utilities Easement -5- 5/3/16 EXHIBIT "A" LEGAL DESCRIPTION OF BENEFITTED PROPERTY THAT PORTION OF "NEW PARCEL E" OF CITY OF TUKWILA BOUNDARY LINE ADJUSTMENT NO. L 15-0005, AS RECORDED UNDER RECORDING NO. 20150318900001, RECORDS OF KING COUNTY, WASHINGTON, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE NORTHEAST QUARTER OF SECTION 35, TOWNSHIP 23 NORTH, RANGE 4 EAST OF THE WILLAMETTE MERIDIAN; THENCE SOUTH 87°50'43" EAST ALONG THE NORTH LINE OF SAID SUBDIVISION A DISTANCE OF 449.30 FEET; THENCE LEAVING SAID LINE SOUTH 02°09' 17" WEST A DISTANCE OF 437.77 FEET; THENCE SOUTH 87°50'43" EAST A DISTANCE OF 802.76 FEET; THENCE SOUTH 35°46'57" WEST A DISTANCE OF 78.87 FEET TO THE TRUE POINT OF BEGINNING AND THE BEGINNING OF A NON -TANGENT CURVE CONCAVE TO THE SOUTHWEST HAVING A RADIUS OF 47.63 FEET AND FROM WHICH THE CHORD BEARS SOUTH 35°30'35" EAST A DISTANCE OF 46.25 FEET; THENCE SOUTHEASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 58°05'59" A DISTANCE OF 48.30 FEET; THENCE SOUTH 07°44'22" WEST A DISTANCE OF 218.29 FEET; THENCE NORTH 81°22'09" WEST A DISTANCE OF 157.17 FEET; THENCE SOUTH 07°50'29" WEST A DISTANCE OF 22.29 FEET; THENCE NORTH 82°14'59" WEST A DISTANCE OF 83.96 FEET TO THE BEGINNING OF A NON -TANGENT CURVE CONCAVE TO THE SOUTHEAST HAVING A RADIUS OF 462.24 FEET AND FROM WHICH THE CHORD BEARS NORTH 22°48'09" EAST A DISTANCE OF 267.22 FEET; THENCE NORTHEASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL 33°36'05" A DISTANCE OF 271.09 FEET; THENCE SOUTH 87°52'53" EAST A DISTANCE OF 140.69 FEET TO THE POINT OF BEGINNING. Declaration of Ingress -Egress and Utilities Easement -6- 5/3/16 EXHIBIT B LEGAL DESCRIPTION OF ACCESS AND UTILITY EASEMENT THAT PORTION OF "NEW PARCEL E" OF CITY OF TUKWILA BOUNDARY LINE ADJUSTMENT NO. L 15-0005, AS RECORDED UNDER RECORDING NO. 20150318900001, RECORDS OF KING COUNTY, WASHINGTON, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF LOT 3 OF CITY OF TUKWILA LOT LINE ADJUSTMENT NO. 93-0085, AS RECORDED UNDER RECORDING NO. 9311301961, RECORDS OF KING COUNTY, WASHINGTON, FROM WHICH THE SOUTHWEST CORNER OF SAID LOT BEARS NORTH 87°50'43" WEST A DISTANCE OF 802.76 FEET; THENCE SOUTH 35°46'57" WEST A DISTANCE OF 78.87 FEET TO THE BEGINNING OF A NON -TANGENT CURVE FROM WHICH THE RADIUS POINT BEARS SOUTH 25°26'26" WEST A DISTANCE OF 47.63 FEET; THENCE SOUTHEASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 58°05'59" A DISTANCE OF 48.30 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 82°15'38" EAST A DISTANCE OF 5.39 FEET TO THE WESTERLY LINE OF INGRESS, EGRESS & UTILITIES EASEMENT RECORDED UNDER RECORDING NO. 8609081152; THENCE SOUTH 07°44'22" WEST, ALONG SAID LINE, A DISTANCE OF 218.29 FEET; THENCE LEAVING SAID LINE NORTH 82°15'38" WEST A DISTANCE OF 5.39 FEET; THENCE NORTH 07°44'22" EAST A DISTANCE OF 218.29 FEET TO THE POINT OF BEGINNING. Declaration of Ingress -Egress and Utilities Easement -7- 5/3/16 BUILDING D EXHIBIT "C" EE 0 POC: SE CORNER Q. W � 0 SEGALE PARK DRIVE DS35' 46' 57'W 78.87' \,/.'LLi I BUILDING 4 1 =100' 7' LOT 3 BLA-9311301961 0' 43"E 02.76' A=58'05'59" R=47.63' L=48.30' RB=S25'26'26"W TPOB BLDG C N7' 44' 22"E 218.29' N82' 15' 38"W 5.39' JOB NO. '2160096.50 May 4. 2016 ACCESS EASEMENT LEGAL BY: BD EXHIBIT BY: TD w:\.d.kprof 2016\2160098\acceaa eaaement.dwp S82' 15' 38"E 5.39' 60' INGRESS, EGRESS do UTILITIES EASEMENT REC. NO. 8609081152 EASEMENT AREA1,176 SF I ` S7' 44' 22"W 218.29' PROPOSED LOT LINE ACCESS ROAD EASEMENT REC. NO. 20111117000949 2215 North 30th Street, Suite 300, Tacoma, WA 98403 253.383.2422 TEL 253.383.2572 FAX THIS EXHIBIT HAS BEEN PREPARED TO ASSIST IN THE INTERPRETATION OF THE ACCOMPANYING LEGAL DESCRIPTION. IF THERE IS A CONFLICT BETWEEN THE WRITTEN LEGAL DESCRIPTION AND THIS SKETCH. THE LEGAL DESCRIPTION SHALL PREVAIL