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-1 - <br />127860932.2 0073013-00075 <br />AFTER RECORDING RETURN TO: <br />Port of Everett <br />1205 Craftsman Way, Suite 200 <br />Everett, WA 98201 <br />Attn: CEO <br />DOCUMENT TITLE: LIMITED RELEASE AND TERMINATION OF <br />EASEMENTS AND ENCUMBRANCES <br />GRANTOR: CITY OF EVERETT, a Washington municipal corporation <br />GRANTEE: PORT OF EVERETT, a Washington port district <br />ABBREVIATED LEGAL <br />DESCRIPTION: <br />SE of NW, NE SW and SE of NW 18-29-5 <br />(Full legal description on Exhibit A) <br />TAX PARCEL NO(S).: 290518-002-093; 290518-003-029; 290518-002-094; 290518-003- <br />030; 290518-002-092; 290518-003-032; 290518-002-096; <br />290518-002-097; 290518-001-030; 290518-002-040; 290518-002- <br />098; 290518-003-031; 290518-002-095; 290518-003-033. <br />REFERENCE NO(S).: 2197451; 7702070219; 7702070220; 201205180295; <br />201205180296 <br />LIMITED RELEASE AND TERMINATION OF <br />EASEMENTS AND ENCUMBRANCES <br />THIS LIMITED RELEASE AND TERMINATION OF EASEMENTS AND <br />ENCUMBRANCES (“Termination”) is dated as of _______________, 2025, and is made by <br />City of Everett, a Washington municipal corporation (the “City”), as its interests may appear, <br />with reference to the following: <br />A.The City has certain rights and interests, as created pursuant to the documents <br />identified on the attached Exhibit B (collectively, the “Rights”). <br />B.The Rights, in part, may burden and/or encumber that certain real property owned <br />by the Port of Everett, a Washington port district, legally described on the attached Exhibit A (the <br />“Property”). <br />C.The City has determined that it no longer needs the Rights solely to the extent that <br />the Rights burden and/or encumber the Property (such Rights, the “Unneeded Rights”). The City