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EXHIBIT "B" <br /> WARRANTY DEED <br /> Return Address: <br /> City of Everett <br /> Real Property Manager <br /> 3200 Cedar Street <br /> Everett, WA 98201 <br /> WARRANTY DEED <br /> Grantor: Kimberly-Clark Worldwide, Inc., a Delaware corporation <br /> Grantee: City of Everett,a municipality organized under the laws of the State of Washington <br /> Abbreviated Legal Description: <br /> Assessor's Property Tax Parcel Account Nos.: <br /> Reference numbers of related documents: N/A <br /> KIMBERLY-CLARK WORLDWIDE, INC., a Delaware corporation ("Grantor"), for and in <br /> consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) cash and other good and <br /> valuable consideration to it paid by CITY OF EVERETT ("Grantee"), whose mailing address is <br /> 3200 Cedar St., Everett, Washington 98201, the receipt and sufficiency of which are hereby <br /> acknowledged and confessed, has GRANTED, BARGAINED, SOLD, and CONVEYED, and by <br /> these presents does GRANT, BARGAIN, SELL, and CONVEY unto the Grantee that certain tract of <br /> land ("Land") described in Schedule 1 hereto, together with all rights and appurtenances <br /> appertaining thereto (herein collectively called the"Property"). <br /> Grantor and Grantee acknowledge that this transaction is entered into under the imminent <br /> threat of the exercise of eminent domain by the Grantee and that in order to.avoid condemnation <br /> proceedings, Grantor conveys the Property to Grantee. <br /> This Deed is executed by Grantor and accepted by Grantee subject to the rights of third <br /> parties in connection with those items set out and listed in Schedule 2 hereto and all municipal or <br /> other governmental zoning laws, regulations and ordinances,if any, affecting the herein-described <br /> Property(herein called the"Permitted Encumbrances"). <br /> Grantee agrees to assume and be solely responsible for payment of(i) all ad valorem and <br /> similar taxes and assessments affecting the Property for the year 2005 and (ii) subsequent taxes <br /> and assessments against the Property, including interest and penalties thereon, relating to any <br /> agricultural, open-space or other special use valuation of the Property obtained by Grantor or <br /> otherwise as a result of a change in land usage or ownership,and Grantee covenants and agrees to <br /> pay such amounts to the appropriate taxing authorities on or before delinquency thereof and shall <br /> indemnify and hold Grantor harmless from and against any and all such taxes and subsequent <br /> assessments and all interest and penalties thereon. <br /> Page 1 <br />