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WHEN RECORDED, RETURN TO: City of Kennewick Customer Service Counter PO Box 6108 Kennewick, WA 99336-0108 RELEASE OF COVENANT OF PAYMENT OBLIGATION FOR TRANSPORTATION IMPACT FEE Payment Obligation for the Benefit of Grantee: City of Kennewick, a municipal corporation Entity Indebted to Grantee (“Grantor”): Reference Number(s) of Related Document(s): Legal Description Full description as set forth on attached Exhibit Assessor’s Tax Parcel ID Number: Plat or Building Permit Application Number: Amount Released: THIS RELEASE OF COVENANT of TRANSPORTATION IMPACT FEE (the “Release”) is made as of this day of by the City of Kennewick (the “City”). The City entered into a Covenant of Payment Obligation for Transportation Impact Fee dated and recorded under Benton County Recording No. (the “Covenant”) with Grantor to provide for deferred payment of the referenced fee(s). Pursuant to the terms of the covenant, upon Grantor’s payment of the fees in the amount of: Transportation Impact Fee the City will release the Covenant. Accordingly, conditioned upon the Escrow Agent’s or Grantor’s disbursement of the Fee(s) to the City, the City hereby releases and discharges Grantor from the obligations described in the Covenant. Upon recording of this Release, all of the Grantor’s obligations under the Covenant shall be deemed fully and completely satisfied, and the Covenant shall have no further force or effect. Rev. 5/15 1 ---PAGE BREAK--- City of Kennewick By: Title: Date: Grantor By: STATE OF WASHINGTON ) ) ss. COUNTY OF ) On this day personally appeared before me to me known to be the of executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that he/she was authorized to execute said instrument and that the seal affixed, if any, is the corporate seal of said corporation. GIVEN my hand and official seal this day of 20__. Notary’s signature Notary’s printed name Notary Public in and for the State of Washington. My commission Rev. 5/15 2