Sequencer renders events affecting UMG twice

Sequencer renders events affecting UMG twice

1. Download, unzip, open project at link:

[Link Removed]

1. Open Sequence Master
2. Press "Render this movie to a video or image frame sequence"
3. Set output directory
4. Press "Capture Movie"
5. After video is captured, watch movie from file location

Results

UMG appears on screen twice and is removed from screen twice.

Expected

UMG appears and is removed from screen once.

Sequencer fires events twice

Sequence events fire twice?

UMG Animation trigged by event in Sequencer playing twice on render UE 4.12 p5

Sequence events fire twice?