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Home My WebLink About1328 COTTMAN AVE " e - , ,.. AFTER RECORDING MAIL TO: Name Eric R. Howland/Lucretia M. Ioeqer Address1328 Cottman City, State, Zip Bremerton, WA 98312 Statutory Warranty Deed! LAND TITLE COMPANY OF KIT SAP COUNTY E-140994 Escrow NO.S-14822-CA THE GRANTOR CITY OF BREMERTON, a municipal corporation for and in consideration of TEN DOLLARS AND OTHER VALUABLE CONSIDERATION in hand paid, conveys and warrants to ERIC R. HOUGLAND, an Unmarried Individual AND LUCRETIA M. IOERGER, an Unmarried Individual the following described real estate, situated in the County of Kitsap, , State of Washington: Complete Legal Description attached hereto as Exhibit itA" Abbreviated Legal Description: Lot 14, Block 2, Ole Hanson's Navy Yard Addn., VOlume/Page 4/56 Tax Account No. 4546-002-014-0003 Dated: June 20, 2001 ..................................................................... ..................................................................... CITY OF BREMERTON, READ, ACCEPTED AND APPROVED: A MUNICIPAL CORPORATION ~(JdL 'r .. , " '. '". ..... J , ,,-_. ~ _., I, )" .-'. B" :" LYNN" s.... 'HORTON';' .MAYOR......................, 'BY:" DAviD' '81''': "PI'ERRE--:-" ASST':" ciTY' 'ATTY" STATE OF COUNTY OF On this day of , , before me personally appeared I to me known to be the Mayor of The City of Bremerton, and that she that executed the within and 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 she is authorized to execute said instrument. Notary Public in and for the State of Residing at: My appointment expires: LPB-IO , e e ,i, EXHIBIT A FILE NO. E-140994 ESCROW NO:S-14822-CA PARCEL I: LOT(S) 14, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING TO THE PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) 56, RECORDS OF KITSAp COUNTY, WASHINGTONj EXCEPT THE WESTERLY 10 FEET THEREOF. PARCEL II: AN EASEMENT FOR INGRESS AND EGRESS ACROSS THE SOUTH 12 FEET OF THE FOLLOWING DESCRIBED PROPERTY: LOT(S) 13, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING TO THE PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) 56, RECORDS OF KITSAP COUNTY, WASHINGTONj EXCEPT THE WESTERLY 10 FEET THEREOF. Subject to: 1. Easement as dedicated on the face of the plat of said additionj For: slopes, also the right to drain all streets over and across any lot or lots where water might take a natural course after the street or streets are graded. Affects: said premises and other property 2. Exceptions and Reservations as contained in Deedj From: Kitsap County Recording No. : 504667 Records of: KITSAP County, Washington Excepting and reserving unto said Grantor, their heirs and assigns, the sole and ~xclusive right and liberty at all times thereafter, the right and title to all oils, gases, coal, ores, minerals, fossils, etc. , and the right of entry for opening, developing and working mines, etc. , provided that no rights shall be exercised until provision has been made for full payment of all damages sustained by reason of such entry. 3. Agreement, including its terms, covenants and provisionsj Recorded: December 8, 1992 Recording No.: 9212080230 For: Road Maintenance 4. Liability for maintenance of roadway as disclosed by instrument recorded under Auditor's File No. 9212080230. 5. DOCUMENT: Notice of Condition of Properties RECORDED: November 9, 1999 AUDITOR'S FILE NO: 3219219 BETWEEN: City of Bremertonj and various property owners 6. Subject to The City of Bremerton's operation of the Waste Water Treatment Plant (WWTP) located in the vicinity of the Property. Buyer is aware, and acknowledges, that the past operations of the WWTP resulted in lawsuits filed by neighbors living on properties on or near the the subject property. Buyer, it's successors and assigns, hereby waive and release the City, it's employees, agents and contractors or others acting in the lawful operation of the WWTP, Collection System and Utility, from any claims, damages or liability of any nature arising from said operations, whether said claims are for actions in the past or occurring in the future. , ~ e e " EXHIBIT A FILE NO. E-140994 ESCROW NO:S-14822-CA Dated this day of , 2001 ERIC R. HOUGLAND LUCRETIA M. IOERGER 8675467.;t - HriCN-3121 e I . ADDENDUM TO HUD-l ,/ SETTLEMENT STATEMENT NOTICE TO ALL PARTIES: If information is obtained which indicates that the source of the .bor~ower's. financial contribution is other than from the borrower or other than stated by the lend~r in i~s closing Instructions, the settlement agent is to obtain written instructions from the lender before proceeding with settlement. CERTIFICA TION OF BUYER IN AN FHA-INSURED LOAN TRANSACTION I certify that I have no knowledge of any loans that have been or will b~ made to me (us) or loans .that have been or will be assumed by me (us) for purposes of financing this transaction, ot~er than those descnbed in the sales contract dated (including addend~). I certify ~a.~,~~we) h~ve no~ -.- ------.- . ------'- - - -- - - --- - --- .r- ..--, land /(;0" .I FROM : J01NT VENTURE PROPERTIE~ - FAX NO. : 3608951168 , ,- Mar. 27 2001 12:24PM P2 'J NWMLS Form 21 @Gopyright 1999 Residential Purchase & Sales Northwest Multiple Listing Service Revised 6/99 ALL RIGHTS RESERVED Page 1 of 4 RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT SPECIFIC TERMS 1. Date: fJ ,;< [I ~6() I MLS No.: t5l.CCJ 990<.. 98 2. Buyer: C /!, { (!... 12, oc/ &. /.... 1'/ AI jJ 81010 1. Ue~ €TI4 .4: J Oc,z hE.e.... 3. Seller: d I T'( 0"::- 8~eerc>;.r 4. Property: Tax Parcel Nos.: ~~ (1100;20 ( I< f r5/1p County) Street Address; /3;; e.(PTT~q^1 :JONeS :;(!-a Washington 993/.:( Included Items: plstove/range j3Jefrigerator 0 washer Q dryer [J dishwasher 0 trash compactor o woo<l stove 0 fireplace insert 0 security system 0 other Legal Description: ' /1, gL t) d,/L :2.. i If 19 N~t>)./S }./ III/ tf V II~ f} A.CJI 01..15 I1IJ LJI TI(JI{ 7$/~rY hvE ~~N''' 5. Purchase Price: i?OLc.I9~5 6. Earnest Money~ (To be held by 0 Selling Broker . Closing Agent) Personal Check: $ /Oco ~ .. Note: $ Other ( ): $ 7. Default: (check only one) 0 F,?rfeiture of Earnest Money )l( Seller's Election of Remedies 8. Title Insurance Company: ^ I'!.U() n rL iF 6~ S/L U€iZ tJ~ l.. e: 9. Closing Agent: 0 a qualified closing agent of Buyer's choice ~ A i1A1'" 7/ TL ~ E SCl.e'C'w 10. ClosingDate: ./t(/}'( /5; :{a? J 6R.. BEP4rtC.&F 11. Possession Date: j[onClosing 0 calendardaysafterClosin8t~'n':;H\;tHyt 12. Offet Expiration Dale' ~~~ .5 /, ?-CJO I lllUE" c .e:~ 13. Counteroffer Expiration Date: r:.;;/htJ.,i......... 4, -..... 14. Addenda: &:2;;1. 1/ f ~ a F. .;2..< 7/ d;it,le I 3' Y J ~-< o neither party ~ o Waived -:J-~3-&'/ Date Seller's Signatur.; DClte ~ Address &)j, q~ ~I z.. Seller's Address ~ .l!fflrrN '3t:1'l"? ~tY~N5 J)~ City. State. Zip , City, State, Zip 3./00 -/~13-Ib~H /.MJc.l'1EI'ffD.c), lA/A '?~:I/o- $/7 ~7 . Phone ~ Fax Phone ~ ,;- 'Fax :)6INI CJeHTt(fl..e ~JJe~71e> :;;.re.I '/019 'Jt1H;{/(H;f(~ ~77t:51 ]/'k!. c.;~/ 7 , , Sellfn~ Broker T 4ttfbE" MLS Office No, ~t~:~ y; Qt/lt/pE MLS Office No. ~l!i:!J~6" SeIHng License~rint) s;-: Listing Ag~t ~t) , 7t:)S 4ly 70S /9y 5}. j{ing Offic~dr!'!ss 9~3C?~ ~ing Office Address & 9&3~V 'C)f12, 1iLJ1f /9L/J, IV 1'/ t:).er c::>ea/f/J.eLJ / U/ gtJC/J}~5-IO 7'0 8~-II(PfJ City, statejiP g9~rllr;8 , "360 9'P.s - / () ?o .J' e . . , ,:iEASE TYPE OR,PRINT REAL EST A TE EXCISE TAX AFFIDAVIT This form is your receipt PLEASE SEE REVERSE CHAPTER 82.45 RCW - CHAPTER 458-61 WAC when stamped by cashier. FOR USE AT COUNTY TREASURER'S OFFICE (Use Form No. 84-0001 B for Reporting Transfers of Controlling Interest of Entity Ownership to the Department of Revenue) THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ALL AREAS 1-7 ARE FULLY COMPLETED Name CITY OF BREMCRTON Name !='fnr R HnlJGl AND c.:: U-I LUCRETIA M. IOERGER c.::o U-If-- c.::~ ~~ Street ~iZl87 OlYMPUS DRIVe ~ ~ Street 1"i171<1 \'Y1ORGAN ROAD C/J" coc.:: WA 98312 BREMERTON, WA 9831121 " BREMERTON, City/State/Zip City/Stale/Zip ADDRESS TO SEND ALL PROPERTY TAX RELATED CORRESPONDENCE ALL TAX PARCEL NUMBERS COUNTY TREASURER PLACE ASSESSED VALUE IF TAX EXEMPT Name 4546-1211212-12114-1211211213 Street City/State/Zip II LEGAL DESCRIPTION OF PROPERTY SITUA TED IN o UNINCORPORATED I-' . t S<pUNTY o OR IN CITY OF \L S Street Address (i f property is improved): 1328 COTTMnN n~ENUE FlRF\'Y1FRTON, WA 98312 LEGAL DESCRIPTION ATTACHED HERETO AS EXHIBIT "A" III Is this property currently: YES NO Description of personal property included in gross selling price, both ~ tangible (eg; furniture, equipment, etc,) or intangible (eg; goodwill, Classi fled or designated as forest land? 0 agreement not to compete, etc,) Chapter 84,33 RCW Classified as current use land (open space, farm 0 ~ and agricultural, or timber)? Chapter 84.34 RCW Exempt from property tax as a nonprofit 0 g If exemption claimed, list WAC number and explanation, organization? Chapter 84.36 RCW WAC No. (See/Sub) 458-61-1+20 Seller's Exempt Reg. No, _ _ _ _ _ _ _ __' GOVERN\'Y1EN I I HHf\ltJr-1::. H Receiving special valuation as historic 0 ~ Explanation property? Chapter 84.26 RCW pro~ Type: 0 land only o land with new building STATUTORY WARRANTY DEED land with previously used building o land with mobile home Type of Document o timber only o building only Date of Document Principal Use: o Apt. (4+ unit) ~sidential o timber o agricultural o commercial/industrial Gross Selling Price $ &5, Qi'Zi0 I2JQL o other Personal Property (deduct) $ ; (I) NOTICE OF CONTINUANCE (RCW 84.33 OR RCW 84.34) Taxable Selling Price $ 65,000.1210 If the new owner(s) ofland that is classified or designated as current use Excise Tax: State $ or forest land wish to continue the classification or designation of such Local $ land, the new owner(s) must sign below. If the new owner(s) do not desire Delinquent Interest: State $ to continue such classification or designation, all compensating or Local $ additional tax calculated pursuant to RCW 84.33.120 and 140 or RCW 84.34, I 08 shall be due and payable by the seller or transferor at the time Delinquent Penalty $ of sale. The county assessor must determine if the land transferred Total Due $ qualifies to continue classification or designation and must so indicate A MINIMUM OF $2.00 IS DUE AS A PROCESSING FEE AND TAX. below. Signatures do not necessarily mean the land will remain in classification or designation. If it no longer qualifies, it will be removed AFFIDA VIT and the compensating taxes will be applied. All new owners must sign. I Certify Under Penalty of Peljury Under The Laws of The State of This land o does o does not qualify for continuance. Washington That The Foregoing Is True And Correct. (See back of this form). Date Signature of DEPUTY ASSESSOR Grantor/Agent (2) NOTICE OF COMPLIANCE (Chapter 84.26 RCW) If the new owner(s) of property with special valuation as historic property Name (print) wish to continue this special valuation the new owner(s) must sign below. Date and Place of Signing: If the new owner(s) do not desire to continue such special valuation, all additionaJ tax calcuJated pursuant to Chapter 84,26 RCW, shall be due Signature of and payable by the seller or transferor at the time of sale. Grantee/Agent (3) OWNER(S) SIGNATURE Name (print) Date & Place of Signing: Perjury: PeIjury is a class C felony which is punishabJe by imprisonment in the state correctional institution for a maximwn term of not more than five years, or by a fine in an amount fixed by the court of not more than five thousand dollars ($5,000.00), or by both imprisonment and fine (RCW 9A.20,020 (J C)). REV 84 0001 a (3-18-99) (PD 4-05-00) FOR TREASURER'S USE ONLY COUNTY TkEA:'Ut{[!< --- ~- ----- FROM : J01NT VENTURE PROPERTIEiIt FRX NO. : 3608951168 -- Mar. 27 2001 12:44PM Pll NWMLS FOr'" 22K IDENTIFICATION OF UTILITIES ~ Copyrighl1997 ArJdendum to PUfch~;~ ~nQ S"I~ NoMweSI MullipJe LI$ti~Q Sel'vice ~reemen' ADDENDUM TO PURCHASE AND SALE AGREEMENT ALL RIGHTS RESERVED ROV, 1/97 ~,(.(JI! ;;< It ~ I , (Seller) 2 (Buyer) 3 (the Property). 4 Pursuant to RCW 60.80, Buyer and Seller request Hie Closing Agent to administer the disbursement of closing funds necessary to satisfy 5 unpaid utility charges affecting the Property. The names and addresses of all utilities providing service to the Property 13nd having lien 6 rights are as follows: 7 WATER DISTRICT: C- 17~ OF gpee~ 8 Name 9 Address 10 City, State, Zip SEWER DISTRICT: Q I rc, ~~ g~ 11 Name 12 Address 13 City, State. Zip IRRIGATION DISTRICT; 14 Name 15 Address 16 City, State. Zip GARBAGE: BL~- If- ( IL 17 Name 18 Address 19 c~ate, Zip ELECTRICITY; fl?t3'r ~qN<7 bvG€Vy 20 , Name 21 Address 22 City, State. Zip SPECIAL D1STRICT(S): 23 (local improvement dIstricts or utility local improvement districts) Name 24 Address 2S City, State. Zip If the above information has not been filled in at the time of mutual acceptance of this Agreement. then (1) within ~ days (5 if not filled In) 26 of mutual acceptance of this Agreement, Seller snail provide the Listing Agent or Selling lioensee with the names and addresses of all 27 utility providers having lien rights affecting the Property and (2) Buyer and Sollli)r authorize listing Agent or Selling Licensee to insert into 28 this Addendum ths MMGs and addresses of the utlllty providers identified by Saller, 29 Nothing ir'l this Addendum shall be construed to diminish or alter the Seller's obligation to pay all utility charges (il'lcluding unbilJed charges). 30 Buyer understar'lds that the lis - Agent and Selling licensee are not responsibl~ for. or to insure payment of. Seller's utility charges. 31 I nitials: Buyer: Dare: ~i B~yer.~ Date: ~I /0/ 32 Seller; Date: .3: t? Seller: --,..-.---- Date:, 33 FROM: J01NT VENTURE PROPERTI~ FAX NO. : 3608951168 ~ Mar. 27 2001 12:45PM P12 NWMlS .0'11I No, 34 ):~ (>~yr',,;I1l1 q9~ A('lI1AndumfAmendfTlent tQ P & S l'\I0f1"v.r~~1 Mulli~lc Li:;lint~ ~:!rviC~ Rc~, 6/92 ALL kIG.ITS RESERVED ADDENDUM/AMENDMENT TO PURCHASE AND SALE AGREEMENT lhe following is part of the Purchase and Sale Agreement dated -M/l... dll J< ( . 1ia.;(QJ I 1 between C!-, TY t)t=: IS ~Gd-t'6len:1H ("Seller") 2 and E/llf!- f(. !-ItJV&'-I9~() I}NLJ "- ~(J P t;?r1;tJ 4 I PeL GeL ("Buyer") 3 concerning: /S.;zc;? {lPTT~"N ( JO,vCSl J:JiJ,I( <l5(/~.:zOI 9'~heproperty")' 4 IT IS AGREED BI:TWEEN THE SELLER AND BUYER AS FOLLOWS; fJc.I Jjj)f1"J1C~ !9r;etf&..s 5 /'0 ~/,q,,^1 /J v. 01?57tE WH-reJL 7~$7.4?6"^,/ A..19A1r Villi/Me 6 7#~ /J~4!OIl4se-<.- UA/tl/5te'5T/YH-PS ;?AlO W/c.. '-- S/I;.,,-/ .14 1d)JI(/e~ 7 0HI(!J/ 4HL.c..... 8G .i?c:~L.tJ&1 57~/;lN~.' 5t,'Q,rea;- 70 7#6 8 (J/To/ <?F g~CdrON'.s e;"c.e~rIOA.J c?r rHC 4//157G &h7€~ 9 ~7>-'r-?6/.1/ AJ9~ L wtv 'TJ!'J) ~CX1-I9Tt!XJ /~ /hie Vt'(].,I-N/zt of 10 r//6" ,4zoh;.?~. t?tty€/2 1.5 ~;t1-'!-61 19.../LJ /tC!R/-..I()K/,(e,o~e.s,&#r 1; r 7/iE fJ/f5T OIEJ!1J7/0K.5 car '/#6 tu0TI' ~C/^Teia /A( 12 ~ ~W5?//T5 HL ~O I..?t lhrc; 4e:"/~HBI?..e.$ .Llt//~ O~ 6e.. lIe>Ie 13 7#G' ~C/8J€qT ~/t!k1f" ;St;/yC~ ( Frs 5C1aC!e~~.es: /JIV/J 14 /}SS/~N5( ;-/~c gy WJ1lv~ I'1/JO L&'.J!!;;P56 :r//c: (2/TY, 15 ~ ..:L7S EA'4,d~C/y~es I .!9t;?c/V!;;j &AI() (10N/te/JaTo,d5 oe, OT//O':.>. 16 d2:rINW IIJ 7/16" ~ ~4/~C/L... 6jJE~ ;9'//0""' Or T#C Cut<.; TP..t- 17 &<..EOTIOI.f Sy~~ i /IN./J Urlr../TV I- rLo.A'-f ~y (Z, #/.45/ 18 LJ~~~ o~ ~//l~/Llrr O~ //HY A/d./t:LL6:_ /9/2./S/A/~ r 19 ~ ::::#/4 O./Jc~I9/~ON~ hIfC7J"/Etfl. Silt.!) t2.t.../I/.#$ 20 ~ ~ /taTIOKS //-1 'T/N5~ fJ#ST OR- C)a-<?4'~l/t/b /~ 7#"6: 21 Htitl~t;; 22 1 23 lire:- 5~ ;;ff}fL~ /J#f.__ U/J 70 c;?5oa~ o~ 24 g~ya.? (!^-~S/Nt;.? ~r~ OL ;Jd!.E - /J,4y.s 25 AGENT (COMPANY) Ja1{( L/cJ:,rrtlLE" ;Jtl..bA!9:/l7T~:z;.re- By:&a:>Lr.:.e- T t(J~;JfLJ~ 26 ALL OTHER TERMS AND CONDITIONS of said Agreement remain unchanged. 27 INITIALS' oum' L BuY.ER . -~__w. SELLER ~~__ SElLER 28 FROM : J01NT VENTURE PROPERTI~ FAX NO. : 3608951168 e Mar. 27 2001 12:45PM P13 , NWMLS I'Orm N(>, 4~ <',;) CoPyM9~t 1997 .Agency 0Isd<><ur8 Nor'ttlwes:t Mult;pl~ li&tiI1~ Scrvir.~ 1/97 ALL KIGHTS RESEKVEO AGENCY DISCLOSURE Washington State law requires real estate licensees to disclose to all parties to whom the licensee 1 renders real estate brokerage services whether the Licensee represents the Seller (or Lessor), the 2 Buyer (or Lessee), both the Seller/Lessor and Buyer/Lessee, or neither. 3 YOU ARE ADVISED THAT THE UNDERSIGNED IS THE AGENT OF THE BUYER/LESSEE (strike 4 one), UNLESS OTHERWISE STATED HERE: 5 THE UNDERSIGNED REPRESENTS: 5'CL(e~ /IN/) g(4f'~c/ 6 THE UNDERSIGNED BUYER/LESSEE OR SELLER/LESSOR ACKNOWLEDGES RECEIPT OF A 7 COpy OF THE PAMPHLET ENTITLED "THE LAW OF REAL ESTATE AGENCY" 8 '5-zj-()/ ~ DATE 9 DATE .3J,;zi-ol 10 SELLER/bE8SOR . DATE '3 -R'J-d/ 11 SELLER/LESSOR, DATE 12 (Signature) LICENSEE G GP..e~ G" T ~t.lJ1I)E 13 LICENSEE'S SIGNATURE ~/~ 14 COMPANY NAME AS LICENSED C;;""I/C:rr'rtu € hOA!kr7C!:3: -0<L 15 (Print/Type) FROM : J01NT ~ENTURE PROPERTIES~ FRX NO. : 3608951168 e Mar. 27 2001 12:37PM P2 NWMlS Form 21 @Copyright 1999 Residential PurChase & Sales Northwest Multiple listil')g Service Revised 6/99 ALL RIGf-lTS RESERVED Page 1 of 4 RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT Date: ~~M ~ (I ;;00 I SPECIFIC TERMS 1. MLS No,: O(CX';) 99' c< 98 2. Buyer: E~{~ ~. II dc! t; ~ J'/ All) eND J.. fA~1t €rlJ9 4 J ()C~ ~E~ 3. Seller: d I T'-f O~ 8~~.eroN' 4. Property: Tax Parcel Nos_: !;"LI (;00 ~O J< I r'5;lJ '" CouIlty) Street Address: /3';< (!~rT~"^1 TO#6~ ~Tl7. Washington 98~5Jo( Included Items: __stove/range ~efrigerator 0 washer 0 dryer [] dishwasher Q trash compactor o wood stove 0 fireplace insert 0 security system (J other Legal Description: ' /'1, IS,L f) d/L c2. I 0"-6 /'119 j./6~)./5 /J)jv V VII~d ~C7r I)lJlJl TIOI/ 5. Purchase Price: 'SIX/,( ,z:;V€ ~V--=:#N'O /J~c.~<-S 6. Earnest Money: (To be held by 0 Selling Broker . Closing Agent) Personal Checlo\: $ /Dct:) , Note: $ Other ( ): $ 7. Default: (check ollly one) Q Forfeiture of Earnest Money jS( Seller's Election of Remedies 8. Title Insurance Company: ~ lJ"-ItJ nIt. € 0...- 5/1- (/E~tJ/J( e- 9. Closing Agent: [] a Qualified closing agent of Buyer's choice ~,,{ J1/V 'T 71 T<'- G c ~(7L'Q~ 10. Closing Date: -d,(",,, /5; .::{a? I 6tZ gei'~G" _ 11. Possession Date: k on Closing tl calendar days after Closing 0 - 12. Offer Expiration Date: ~/t',(J# 3";; ?-OO I 13. Counteroffer Expiration Date: 14, Addenda: d~ 11 J ;J. 02- r. ~::1.. Ti ;2a.k, ?y, S/<. 15. Agency Disclosure: Selling Licensee represents 0 Buyer D Seller )(both parties 0 neither party listing Agent represents 0 Seller ~ both parties. 16. Services of Closing Agent for Payment of Utilities: 0 Requests (Attac o Waived :1-:Z3-<ty Date u er'SSjg~ "~ Sellers Signature Dilte /5D9' ~GM LJ ~'S Address f{);; . q~5/Z Seller's Acjdr~~ :5'ftflZrN :s~~"?' &~Y"'1'V5 .ZJ/? City. State, Zip , City, St3te, Zip 3forJ -/513 ~t1J~tf ~.c,.4f~~~ tA/A 9f'3/"- $/7 ?7 Phone !1r.o ~a)( !"hone -Aa .-:-- 'Fax JOIN, ()@-ITUIl€ fJ(:~f1c:>.$t(!.. I l.J()/ 9 7ctRr(//?I rttU' ~17t:3 / irK!. '/01 ~ f Selling Broker '_~ MLS Office No Gt~6rC r; Q<<I1QC MLSOfficeNo. (;~e,j, We se?~sse;g;fr s;, , Listing Ag~nt ~t) , ?~S ";9~ 5; { ~ing Offic~dress P'63 ~(b ~ing Offic@ Adoress ?I ~36~ 'O~T 1ltlIfI9LIJ / tV;f Z'~I Oea-f~.e.t) / tv ~doY}'s-IO/t?) 8~-1/(?9 C~6~)9-P~_ /0 f?o g9~r1108 FROM : J01NT ~ENTURE PROPERTIES~ FRX NO. : 3608951168 e Mar. 27 2001 12:37PM P3 NWMI.S Form ~l1 li;)Copyright 1999 Residel'ltial Pllfol1asp. & S;J!os Northwest Mllltiple listing Service Revised 6/99 ALL RIGHTS RESERVED Pi:l.ge 2 of 4 RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT GENERAL TERMS (continued) a. Purchase Price. Buyer agrees to pay to Seller the Purchase Price, including the Earnest Money, in cash at Closing. 1 unless otherwise specified in this Agreement. Buyer represents that Buyer has sufficient funds to close this sale in 2 accordance with this Agreement and is not relying on any contingent source of funds or gifts, except to the extent 3 otherwise specified in this Agreement. 4 b. Earnest Money. Buyer agrees to deliver the Earnest Money within 2 days after mutual acceptance ofthisAgreement. 5 Selling Licensee will deposit any check to be held hy Selling Broker as Earnest Money within 3 days after receipt or 6 mutual acceptance, whichever occurs later. If the Earnest Money is held by Selling Broker and is over $1 0,000.00 it 7 shall be deposited into an interest bearing trust account in Selling Broker's name provided that Buyer completes an 8 IRS Form W-9. Interest, if any, after deduction of bank: charges and fees, will be paid to -Buyer. Buyer agrees to 9 rei mbu"e Selling Bcokedor bank charges and fees in excess of the interest earned, if any If~ Earnest Money held 10 by Selling Broker is over $1 0,000.00 Buyer has the option to require Selling Broker to depOSit t e Earnest Money Into 11 the Housing Trust Fund Account, with the interest paid to the state Treasurer, if both Seller nd Buyer so agree in 12 writing, If the Buyer does not complete an IRS Form W-9 before SellIng Broker must deposit the Earnest Money orthe 13 Earnest Money is $10,000.00 or less, the Earnest Money shall be deposited into the Housing Trust Fund Account. 14 Selling Broker may transfer the Earnest Money to Closing Agent. 8uyer agrees to pay financing and purchase costs 15 inclmed by Buyer. If all or part of the Earnest Money is to be refunded to Buyer and any such costs remain unpaid, the 16 Selling Broker or Closing Agent may deduct and pay them therefrom. 17 c. Included Items, Any of the following items located in or on the Property are incll~ded in the sale: built-in appliances: 18 wall-to-wall carpeting; curtains, drapes aod all other window treatments; window and door screens; awnings; storm 19 doors and windows; installed television antennas; ventilating, air conditioning and heating fixtures; fireplace doors, 20 gas logs and gas log lighters: irrigation fixtures; electric garage door openers: water heaters; installed electrical 21 fixtures; lighting fixtures; shrubs, plants and trees planted in the ground; hot tubs; and all bathroom and other fixtures. 22 The items identified in Specific Term No.4 are included only if the corresponding box is checked, If any of the above 23 Included Items ~ue leased or encumbered, Seller agrees to acquire and clear title at or before Closing. 24 d. Condition of Title. Buyer and Seller authorize Selling Licensee, Listing Agent or Closing Agent to insert, attach or 25 correct the Legal Description of the Property over their signatures. Unless otherwise specified in this Agreement, title 26 to the Property shall be marketable at Closing The following shall not cause the title to be unmarketable: rights, 27 reservations, covenants, conditions and restrictions, presently of record and general to the area: easements and 28 encroachments, not materially affecting the value of Or unduly interfering with Buyer's reasonable use ofthe Property; 29 and reserved oil and/or mining rights, Monetary encumbrances not assumed by Buyer shall be paid by Seller on or 30 before Closing. Title shall be conveyed by a Statutory Warranty Deed. If this Agreement is for conveyance of a buyer's 31 interest in a Real Estate Contract, the Statutory Warranty Deed shall include a buyer's assignment of the contract 32 sufficient to convey after acquired title. 33 e. Title Insurance. Seller authorizes Buyer's lender or Closing Agent, at Seller's expense, to apply for a standard form 34 ' oWnf~r's policy of tiUe insurance. with homeowner's additional protection and inflation protection endorsements if 35 available at no additional cost, from the Title Insurance Company, The Title Insurance Company is to send a COpy of 36 the preliminary commitment to both Listing Agent and Selling Licensee, The preliminary commitment. and the title 37 policy to be issued, shall contain no exceptions other than the General Exclusions and Exceptions in said standard 38 form and Special E:xceptions consistent with the Condition of Title herein provided. If title cannot be made so insur- 39 8ble prior to the Closing Date, then as Buyer's sole and exclusive remedy, the Earnest Money shall, unless Buyer 40 elec;ts to waive slIch defects Or encumbrances, be refunded to the Buyer, less any unpaid costs described in this 41 Agreement, and this Agreement shall thereupon be terminated Buyer shall have no right to specific performance or 42 damages :a!; a consequence of Seller's inability to provide insurable title, 43 Im'lals BUYER ~ DATE it,lo, SELLER ~ DATE: :1- ~~-dI( 44 BUYER: DATE: ~ a,{ /0 I SELLER DATE 45 FROM : J01NT ~ENTURE PROPERTIES~ FAX NO. : 3608951168 e Mar. 27 2001 12:38PM P4 NWMLS Form 21 @Copyrightl999 Resit;le.,tial purchase & Sales Northwest Multiple listing S~rvice Revised 6/99 ALL RIGHTS RESE:RVED Page 3 of 4 RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT GENERAL TERMS (continued) f. Closing, This sale snall be closed by the Closing Agent on the Closing Date, If this Agreement is contingent on the 46 sale of Buyer's home, this sale shall be closed 1 day after the closing of the sale of Buyer's home or 30 days after 4'7 Buyer's waiver of that contingency, whichever date occurs earlier. "Closing" means the date on which all documents 48 are recorded and the sale proceeds are avaflable to Seller. 49 g. Possession, Buyer shall be entitled to possession at 9:00 p,m. on the Possession Date. Seller agrees to maintain so the Property in its present condition, normal wear and tear excepted, until the Buyer is entitled to possession. 51 h. Closing Costs and Prorations. Seller and Buyer shall each pay one-half of the escrow fee unless this sale is FHA 52 or VA financed, in which case it shall be paid according to FHA or VA regulations. Taxes for the current year, rent, S3 interest, and lienable homeowner's association dues shall be prorated as of Closing. Buyer agrees to pay Buyer's 54 Joan costs, including credit report, appraisal charge and lender's title insurance, unless provided otherwise in this 55 Agreement. If any payments are delinquent on encumbrances which will remain after Closing, Closing Agent is 56 instructed to pay them at Closing from money due, or to be paid by, Seller. Buyer agrees to pay for rernaining fuel in 57 the fuel tank if, prior to Closing, ,Seller obtains a written statement as to the quantity and current price from the 58 supplier. Seller agrees to pay all utility charges, including unbifled charges. Unless waived in Specific Term No. 16, 59 Seller and Buyer request the services of Closing Agent in disbursing funds necessary to satisfy unpaid utility charges 60 in accordance with RCW 60.80 and Seller agrees to provide the names and addresses of all utilities providing 61 service to the Property and having lien rights (attach NWMLS Form 22K Identification of Utilities or equivalent). 62 I. Sale Information, The Listing Agent or Selling licensee are authorized to report this Agreement (including price and 63 all terms) to the Multiple Listing Service that published it and to its mernbers, financing instjtutions, appraisers, and 64 anyone else related to this sale. Buyer and Seller authorize all lenders, Closing Agents, appraisers, title insurance 65 companies, and others related to this Sale, to fumish the Listing Agent and/or Selling Licensee, on request, any and 66 all information and copies of documents concerning the status, progress and final disposition of financing, appraisal, 67 Closing, title condition, 'and any other matter concerning this sale, including Buyer's credit report. 68 j. FIRPTA - Tax Withholding at Closing. The Crosing Agent is instructed to prepare a certification (NWMLS FOrm 22E 69 or equivalent) that Seller is not a "foreign person" within the meaning of the Foreign Investment In Real Property Tax 70 Act Seller agrees to sign this certification. If Seller is a foreign person, and this transaction is not otherwise exempt 71 from FIRPTA, Closing Agent is instructed to withhold and pay the required amount to the Internal Revenue Service. 72 k. Notices. Unless otherwise specified in this Agreement, any notice required or permitted in, or related to, this Agree- 73 ment (including revocations of offers or counteroffers) must be in writing Notices to Seller must be signed by at least 74 one Buyer and shall be deemed given only when the notice is received by Seller, by Listing Agent or at the licensed 75 office of Listing Agent. Notices to Buyer must be signed by at least one Seller and shall be deemed given only when 76 the notice is received by Buyer, by Selling Licensee or at the licensed office of Selling Licensee. Receipt by Selling 77 Licensee of a Real Property Transfer Oisclosure Statement, Public Offering Statement and/or Resale Certificate 78 shall be deemed receipt by B~lyer. Selling Licensee and Listing Agent have no (esponsibiJityto advise of receipt of a 79 notice beyond either phoning the party or causing a copy of the notice to be delivered to the party's address shown 80 on this Agreement. Buyer and Seller must keep Selling Licensee and listing Agent advised of their whereabouts in 81 order to receive prompt notification of receipt of a notice. 82 I. Computation of Time. Unless otherwise specified in this Agreement. any period of time stated in this Agreement 83 sh<lll start on the day following the event commencing the period and sh<'lll expire at 9:00 p.m. of the last calendar day <14 of the speCified period Of time, unless the last day is a Saturday, Sunday or legal holiday as defined in RCW 1.16,050, 85 in which event the specified period of time shall expire on the next day that is not a Saturday, Sunday or legal holiday. . 86 Any specified period of 5 days or less shall not include Saturdays. Sundays or legal holidays Time is of the essence 87 in this Agreement. 88 Initials: BUYER DATE SELLER: ~ DATE: :7 -- ~:7--t::J/ 89 BUYER: DATE SELLER DATE: ., ... ~< ;..:.:.: .."~' s::ln FROM : J01NT VENTURE PROPERTIES~ FRX NO. : 3608951168 e Mar. 27 2001 12:39PM P5 NWMLS Form 21 @Copyright 1998 Residential Purchase & Sales Northwest Multiple Listing Service Revised 6/99 ALL RIGHTS RESERVED Page 4 of 4 RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT GENERALTERIVIS (continued) fl1. Facsimile Transmission. Facsimile transmission of any signed original document. and retransmission of any signed 92 facsimile transmission, shall be the same as delivery of an original. At the request of either party. or the Closing 93 Agent, the parties will confirm facsimile transmitted signatures by signing an original document. 94 n, Integration. This Agreement constitutes the entire understanding between the parties and supersedes all prior or 95 contemporaneous understandings and representations. No modification of this Agreement shall be effective unless 96 agreed in writing and signed by Buyer and Seller. 97 o. Assignment. Buyer may not assign this Agreement, Or Buyer's rights hereunder, without Seller's prior written con- 98 sent. unless provided otherwise herein. 99 p. Default. In the event Buyer fails, without legal excuse, to complete the purchase of the Property, then the following 100 provision, as identified in Specific Term No.7, shall apply: 101 i. Forfeiture of Earnest Money. That portion of the Earnest Money that does not exceed five percent (5%) of the 102 Purchase Price shall be forfeited to the Seller as the sole and exclusive remedy available to SeUer for such failure. 103 ii. Seller's Election of Remedies. Seller may, at Seller's option, (a) keep as liquidated damages all or a portion of 104 the Earnest Money as the sole and exclusive remedy available to Seller for such failure. (b) bring suit against 100 Buyer for Seller's actual damages, (c) bring suit to specifically enforce this Agreement and recover any inciden- 106 tal damages, or (d) pursue any other rights or remedies available at law or aquity_ 107 q. Attorneys' Fees. If Buyer or Seller institutes suit against the other concerning this Agreement the prevailing party is 108 entitled to reasonable attorneys' fees and expenses_ 109 r. Offer. Buyer agrees to purchase the Property under the terms and conditions of this Agreement. Seller .shall have 110 until 9:00 p.m. on the Offer Expiration Date to accept this offer, unless SOoner withdrawn. Acceptance shall not be 111 effective until a signed copy is actually received by Buyer, by Selling Licensee or at the licensed office of Selling 112 Licensee. If this offer is not so accepted, it shall lapse and any Earnest Money shall be refunded to Buyer. 113 s. Counteroffer. Seller agrees to sell the Property under the terms and conditions of this Agreement If Seller makes a 114 counteroffer, Buyer stlall have until 9:00 p.m. on the Counteroffer Expiration Date to accept the counteroffer. unless 115 sooner withdrawn, Acceptance shalf not be effective until a signed coPY is actually received by Seller, by Listing 116 Agent Or at the licensed office of listing Agent If the counteroffer is not so accepted, it shall lapse and any Earnest 117 Money shall be refunded to Buyer. If no expiration date is specified for a future counteroffer, the counteroffer shall 118 expire at 9:00 p.rn on the second day after the counteroffer is signed by the last party making the counteroffer, 119 unless sooner withdrawn. 120 t. Agency Disclosure. Selling Broker represents the same party that Selling Licensee represents. Listing Broker 1~1 represents the same party that the Listing Agent represents. If Selling Licensee and Listing Agent are different 1ZZ salespersons affiliated with the same Broker, then both Buyer and Seller confirm their consent to that Broker repre- 123 senting both parties as a dual agent. If Selling Licensee and Listing Agent are the same salesperson representing 124 both parties then both Buyer and Seller confirm their consent to that saJasperson and his/her Broker representing 125 both parties as dual agents. All parties acknowledge receipt of the pamphlet entitled "The Law of Real Estate Agency," 126 u. Commis~ion. Seller and Buyer agree to pay a commission in accordance with any listing or commission agreement 127 to which they are a party. The Listing Broker's commission shall be apportioned between listing Broker and Selling 128 Broker as sp~eifiGd in the listing. Seller and Buyer assign to Listin~ Broker and Selling Broker, as applicable, a 129 portion of their fUnds in escrow equal to such commission(s) and irrevocably instruct the Closing Agent to disburse 130 the commission(s) direQtly to the Broker(s). In any action by Listing or Selling Broker to enforce this paragraph, the 131 prevailing party is e -tied to court costs and reasonable attorneys' fees_ 132 Initials: BUYER: DATE J~;f~1 SELLER~ DATE: "J-.<:J-~/ 133 , DATE: 3.~f /0 I ,,- SELLER .. BUYER: DATE: 134 ..... .,. FROM: J01NT ~ENTURE PROPERTIES FRX NO. : 3608951168 ~ Mar. 27 2001 12:40PM P6 . tit .. NWMLS Form 22A @Copyrighl 1998 Financing Addenducn Northwest Multiple Listing Service Rev. 10/98 ALL RIGHTS RESERVED page 1 of 2 FINANCING ADDENDUM TO PURCHASE & SALE AGREEMENT The following is part of the Purchase and Sale Agreement dated ~Il/JII ;z.~ 7a:? / 1 between C. 1!1' O~ g/--tS'"qtgero,tif ("Seller") 2 and _E4!.. 'e!- l Ifott(#L..;?N() /'1"'4 ..( ue..l(erl!:J 4 rLJe~ ("Buyer") 3 concerning / 5.;2~ ~T//o/ q./\f ( TOI./es) ("the Property") 4 1. DOWN PAYMENT/LOAN APPLICATION. This Agreement is contingent on Buyer obtaining a IJ Conventional 5 J[.FHA 0 VA purchase loan. Buyer agrees to pay 1J;j R..,e~""tI!tT..o down, 6 and to make written application and pay the application fee, if required, for the subject Property ~within -/6 ~ _~_ 7 days (5 days if not filled in) after mutual acceptance of this Agreement, or U if this Agreement is conditioned on the 8 sale of Buyer's home, within days (5 days if not filled in) after Buyer satisfies or removes that contin- 9 gency, for a loan to pay the balance of the purchase price, If Buyer fails to make application for financing within the 10 agreed time, then this financing contingency shall be deemed waived. 11 2. FINANCING DEADLINE/SELLER TERMINATION NOTICE, If Buyer has not within - .S' 0 - ~~ days 12 (30 days if not filled in) after making application for a Joan, given notice that Buyer has waived this financing contin- 13 gency, then Seller may, at any time thereafter, elect to terminate this Agreement by giving 5 days notice. If, within 5 14 d2Ys of Seller's notice, Buyer does not waive this financing contingency by notice, this Agreement shall terminate. 15 3. EARNEST MONEY. If Buyer has not waived this financing contingellCy, and is unable to obtain financing after a good 16 faith effort then, on Buyer's notice, this Agreement shall terminate and the Earnest Money shall be refunded to Buyer. 17 4. INSPECTION/REPAIRS. 18 Inspection May Be Required. Seller understands that in order for Buyer to obtain financing, the lender may require 19 inspections including. but not limited to, general structural, termite, heating. plumbing, roof, electrical, septic tank and 20 well water, ~nd may require the Property to comply with the housing code. Seller agrees to permit such inspections. 21 but is not obligated to pay for such inspections or repairs except as otherwise agreed. <12 Repairs - Obligation To Make Whether Or Not Sale Closes. Seller understands that as a result of any inspection, 23 the city Or county may require Seller to make repairs to the Property to comply with the housing code even jf a sale is 24 not completed. 25 5. APPRAISAL LESS THAN SALE PRICE. If Buyer's lender'S appraisal of the value of the Property is less than the 26 Purchase Price. Buyer may, within 3 days after receipt of a copy of lender's appraisal, give notice of Buyer's election 27 to terminate this Agreement unless Seller, within 10 days after receipt of such notice, delivers to Buyer either: 28 (i) (a) If this Agreement is contingent on FHA financing. a reappraisal by the same appraiser in an amount not less than 29 the Purchase Price or (b) if this Agreement is contingent on non-FHA financing, reappraisal by the same appraiser 30 or another appraiser acceptable to the lending institution in an amount not less than the Purchase Price; or 31 (ii) Written consent to reduce the selling price to an amount not more than the amount specified in the appraisal or 37 re~ppraisal. whichever is higher. (Not applicable if this Agreement is conditioned on FHA financing. FHA does ~3 not permit the Buyer to be obligated to buy jf the Seller reduces the Purchase Price to the appraisal value. The 34 Buyer, however, has the option to buy at the reduced price,) 35 If such reappraisal or consent to reduction of Purchase Price is not so delivered, this Agreement shall terminate 3f1d 36 the Earnest Money shall be refunded to Buyer, To permit the parties the foregoing times for notices, the Closing Date 37 shall be extended ccordingly 38 'n"a'" BUVER Date' ~/il SELLER ,;;;22/ Date; ~;<,7-"Y 39 ,BUYER: Date: 3/;" 01 SELLER: nRtP. FROM : J01NT VENTURE PROPERTIES FRX NO. : 3608951168 e Mar. 27 2001 12:41PM P7 e NWMLS Form 22A <bICopyright 1998 Financing Add~mdlJm Northwest Multiple L.isting Service Rev. 10198 ALL RIGHTS RESERVED Page 2 01 2 FINANCING ADDENDUM TO PURCHASE & SALE AGREEMENT (cont;nued) 6, SPECIAL FHAlVA PROVISIONS. 42 FHA LOAN COSTS. If this sale is contingent on Buyer obtaining an FHA loan, Seller agrees to pay up to 2sC(), d!Z.' 43 (if not filled in, the amount is zero) to be applied: 44 r.J first, to that portion of Buyer's loan and settlement costs as the lender is prohibited from collecting from the 4:5 Buyer under FHA regulations; 46 I.J second, to Buyer's loan discount at the interest rate selected by Buyer or to other settlement costs as allowed 47 by FHA regulations, 48 (NOTE: If neither box is filled in but a dollar amount is inserted above, then both apply). 49 \ VA LOAN COSTS. If this sale is contingent on Buyer obtaining a VA loan, Seller agrees to pay the full escrow fee for the 50 entire transaction. In addition Seller agrees to pay up to (if not filled in, the amount is ~ero) to be applied: 51 0 first. to that portion of Buyer's loan and settlement costs (IS the lender is prohibited from collectil"\9 from the 52 Buyer under VA regulations: 53 0 second, to Buyer's loan discount. loan fee, interest buy down and/or financing and closing costs to the extent 54 it is (llIowable by VA regulations and Buyer's loan amount is not thereby reduced. 55 (NOTE: If neither box is filled in but a dollar amount is inserted above, then both apply). 56 7. FHAlVA - Appraisal Certificate. If this Agreement is contingent on Buyer obtaining FHA or VA financing, it is 57 expressly agreed that notwithstanding any other provisions of this Agreement. Buyer shall not be obligated to com- 58 plete the purchase of the Property unless Buyer has been given in accordance with HUD/FHA or VA requirements a 59 written statement by FHA. VA, or a Direct Endorsement lender, setting forth the appraised value of the Property 60 (excluding closing costs). Buyer shall pay the costs of any appraisal. If the appraised value of the Property is less than 61 the Purchase Price, paragraph 5 above shall apply. If Seller does not reduce the Purchase Price to the appraised or 62 reappraised value, or deliver a reappraisal at or exceeding the sale price, the Buyer shall have the privilege and option 63 of proceeding with the consummation of this Agreement without regard to the appraised value, provided the difference 64 in excess of the appr<::li:sed value is paid in cash, 65 Purpose of Appraisal. The appraised valuatiOn is arrived at only to determine the maximum mortgage FHA or VA will 66 insure. Neither FHA nor VA warrant the value or the condition of the Property, The Buyer should satisfy himself/herself 67 that the price and condition of the Property are acceptable, 68 "Importance of Home Inspections" Notice for FHA Loans. FHA requires the Buyer to sign a FHA "Importance of 69 Home Inspections" Notice (NWMLS Form 221=, Rev. date 1/97 or later) on or before the date the Buyer executes any 70 purchase and sale agreement This requirement does not apply to new construction. 71 Initials: BUYER: Date: 5~,101 SELLER: ~ Date: 3-:{.1-p/ 72 8UY~R: Date: 3~//()1 SELLER: Date: 73 J ,", e It Recordi ng Requcsted by: ,-D LENDER SERVICE BUREAU ~fED Loan # 93469 /; Ij) IIII!II 11111 IlillliUl lilll IIi !III ~ Pool# 339147 1111I11 11111 III/I 111II11111 lillllll' 111/ LSB # ~fED04 - 8628 KLTSAP COUNTY 1111I111111I1 11I11 I111 lliil 1111I11111 111111111111I LENDER $7.00 CHCK SE R.VICE FILED-BY: LENDER SERVICE BUREAU STM Loan # 192]808 B U RE^U MAR 311 1994, 9: 57 AI1 . KAREN FLYNN, AUDITOR 111111I1111111111111111111I1111I11I1111I1111I CLERK: FREEMAN When rccorded mail to: A_F..:Jt: 940331.0064 - ' Lender Service Bureau REEL 0794 FR 0500 555 University Avenue Suite DO Sacramento, CA 95825 ASSIGNMENT OF MORTGAGEIDEED OF TRUST for good and valuable considcration, lhe sufficiency of which is hereby acknowledged, Ihe undersigned, MEDALLION MORTGAGE COMPANY whose address is 650 Saratoga Avcnue, San Jose, California 95129 (Grantor) By these presents docs convey, grant, bargain, sell, assign, Irnnsfer and selover 10: STM MORTGAGE COMPANY whose address is 1250 Mockingbird Lane, Dallas, Texas 75246 (Grantee) the described Mortgage, together with the certain note(s) descnOcd therein wilh all interest. r all liens, and any rights due or to become due thereon. ;::., Said Mortgage is recorded in the State of Washington. County of Kitsap, .'3 -:s Official Records on December 8, 1992 C~ :::JJ Original Mortgagor: Dustin T. Adams - ,-' --- \ "') Original Loan Amount: V $62,550.00 -) Property Address: 1328 Cottman 5t W . Bremerton, Washington cJ ,..) Propcrtyrrax ID #: .....,) 0 (''' Legal Municipality: , :,'~ Documenl # 9212080232 Book 0688 Page 2445 IN WITNESS WHEREOF, the undersigned corporation has caused this inslIUment to be executed as a K se:lled instrument by its duly authorized officer. Date: November I, 1993 MEDALLION MORTGAGE COMPANY ~ ~ -- sq Sue Melvin, Vice President Not",)' Acknowlcdgement STATE of California Count)' of Sacramemo ..- On November I, 1993 before me, Jcnny Viall, personally appeared Sue Melvin, proved to me on lhe .J basis of satisf.1clOry evidence to be the person whose name is subscribed 10 the within inslIUment and ~ acknowledged 10 me lhat she executed the same in her aUlhori7.cd c,1pacity and that by her signature on lhe instmmenl. the entity upon behalf of which the person acted. executed the instrument. WITNESS my hand and official seal. CAPACITY CLAIMED BY SIGNER: ........ MEDALLION MORTGAGE COMPANY 3 ~S?z.~~, Vice President '-~~~~~~~~~~~~( i ~ JEll"' Vllll , cr Comm. , 10004 725 < 3'" . ItOTNlY PV&JC, CAL1C/1lM ] S~'a11enfD C:>.tl. Document Prepared by: 0.. ...,. Comm. up'" o:ul1997 i' Lender Service Burc.1u, D. Klein .h.r~~ ~"" ~~"" " ,,~ , c ~ ScoWe Ruruu ALL RIGHTS RESER VED A.SMn-fTCi-GNMA REV.III9) ~ d ~-. e [ .df,-.-JSTEWAR.T TitLE COMPANY _-\I:J 'of Washington, Inc. r-:, ~ THIS SP,l,CE PROVIDED FOR RECORDER'S USE "14. T.,&,j.I.O" 01 e._C.II.new FILED FOR RECORD AT REOUEST OF STEWART TITLE COMPANY OF KITSAP COUNTY. INC, 9951 Mickelberry Road. N.W.. Suite 201 lUTSAP COWTY Silverdale. WA 98383 $8. ( ] 'STC FllED-E l: SmlART TITLE CO DEe B, 1992, 2:40 PM WHEN RECORDED RETURN TO 2tfW i ~6~~t' AUDITOR Ndm. DUSTIN T. ADAMS .... I... ,'1, A_F #: 92120B023~ Addr.ss JJ.18 COTTMAN STREET WEST REE _ 0688 FR 2443 City. SIO'.. Zip BREMERTON. WA 98312 Statutory Warranty Deed THE GRANTOR GREGORY M. ASTIN AND KRISTIN N. ASTIN, HOSBAND AND WIFE lor and in consideralion 01 TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION in hand pe.d. conveys and warranlS 10 DUSTIN T. ADAMS, A SINGLE PERSON the loll owing described real estate. silualed in the County oJ KITSAP . Slate 01 Washington: SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE INCORPORATED HEREIN SUBJECT TO: ~ AS SET FORTH IN EXHIBIT "B" ATTACHED HERETO WHICH BY THIS C\ ~ REFERENCE I S MADE A PART HEREOF. 'h jj---_ tl.o.. &: Ir\'-O'[ ~O-----.. -:t: ,,,0. V'+' I ,~ KITSAP COUNTY W TRANSACTION EXCISE TAX 1- (f) >- PAlO DEe 8 1992 OJ Cl NY l~2>I'IO ~ }- ire~.:H::R E: G__ Do'ed November 25, 1992 ~ . 'lY), Q.:t / \~~ lfL. ao~ GREGOR! M6 ASTIN KRISTIN N. ASTIN SlATE Of WAStiINGTON.) SlATE Of WASHINGTON . KITSAP '" In Counl,. at .d__._.. _ . _.._>> C"""'y vi .. ___. _0 __.._ I I tl.,elly ,.'II'Y 'h,U I lonow o. 1\..... ,...I.~I..cloIY .",denc;e 11'1..1 I cell.'y 11\.., I "no"",, Of "<1"'. ,.ul,loiPCIOfY ,vidence 11'1". . ~._____.__ GRE:~Q.I~.'X._}1.._ .ASTIN.______. __._ _ ..._......h_.. ..._ ._... ____.__ It. ,,,. pCII'~onl,1 ....1'10 .tOPo",olJ bOlo'''' .._... __ ... ." . ._ _". .. " ltoe ".,sonlsl ....1'10 .appe".d bolo.. "'e, .... .nd to.ld po,,"onC.. .,.."0....'."9." 11'1." lhe.'''..lhey) "91\0" ,h,,, '""fume"l. on "I'd ..lId ".'\01'1" .clr.nuwlell!lt:ld '''.1 Ihe.."..I".,,1 Io.g"o" th.. .n.',umonl .nd 0.11'1 ,I.'.d Ih.U ....tho'''.d 10 ..Ocuh' .'''"ow1d.!Jed II 10 bv Ihl. hU',lhol'" "A.. .nd volu"l.&,V .tl la, .1\. ut... .nd ..-". ..-_.. --... --- IoILHPO"." m.nllonod In ttll~ ,n..lt"rnunl ..,..,,""u.....""",1 '''0 I"'~U""IRI .nd Jlc"nowt.dglJd II .., Iho _ .___.._ ___ _ _. __ _ ____ ...... ~L Ii () "~ 0' 10 De '''. h.. .nd "C1h.nl,uy ...1 12/4/92 ..:-",..~~<r.,..,....a.;......J:;+ ..~Ol '''''I\'p.~ly'lo. Ih... "..... ..... ..u..po..," on.nhO';." ,n t",'to ,n".."m."1 0.... _ _ _ __n_ -~--' _ .. _ _ '_'>0 ",\.t .... ""\ . /::;l ~ I ...).., ,,-I \-1- .... __n....._ - ---___ n'_' _____ . ~ m U.... - ~ f ... ~ I ~ -; \ ~ ~ -qr?-- .~.... .'------- ;)0 ~;. ao i ~ n" ~ - -.-.. '" , ,---- No..." P..bloc 'n 0 ,,,. Sh.o 01 W."h.n!JIQn. .,.. J GoO .,.... "1- t1Il .......oO 1.lN&,..... P..bho; ... "I'd 10:" ,,,. 51.'0 .1 w......."'\l'o,, , ~~ .....~...., ",", '" / ,."....... .. )~R..l::MERTON____.. ._. -'-"t(t",:"u.'~~'. ,/,...d.....' '.... .. , _" , '. .._ . _ "",;'t"/)f '!. .a'" . . My .PPOlnlm.", ....,..0" 12/1/9 6 .........,~::.""... My .pPo.nlmon1 ..plll'''lt . e . 0,"-" . ~ "-.J . , , EXHIBIT "A" LOT 14, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, IN KITSAP COUNTY, WASHINGTON; EXCEPT THE WESTERLY 10 FEET THEREOF. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS ACROSS THE SOUTH 12 FEET OF THE FOLLOWING DESCRIBED PROPERTY: LOT 13, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, IN KITSAP COUNTY, WASHINGTON; EXCEPT THE WESTERLY 10 FEET THEREOF. END OF EXHIBIT "A" .. EXHIBIT "B" EXCEPTIONS AND RESERVATIONS CONTAINED IN DEED FROM KITSAP COUNTY, WHEREBY THE GRANTOR EXCEPTS AND RESERVES ALL OIL, GASES, ..... COAL, ORES, MINERALS, FOSSILS, ETC., AND THE RIGHT OF ENTRY FOR OPENING, DSVELOPING AND WORKING THE SAME AND PROVIDING THAT SUCH RIGHTS SHALL NOT BE EXERCISED UN'rIL PROVISION liAS BEEN MADE FOR FULL PAYHENT OF ALL DAMAGES SUSTAINED BY REASON OF SUCH ENTRY; RECORDED UNDER RSCORDING NUMBER 504667. NOTE: NO SXAHINATION HAS BEEN MADE TO DETSRMINE TilE PRESENT RECORD OWNER OF THE ABOVE MINERALS, OR MINSRAL LANDS AND APPURTENANT RIGHTS 'l'IIERETO, OR TO DETERMINE MATTERS WHICH MAY AFFECT THE LANDS OR RIGHTS SO RESERVED. RIGHT OF THE PUBLIC TO MAKE NECESSARY SLOPES FOR CUTS OR FILLS UPON SAID PRE/USES IN THE REASONABLE ORIGINAL GRADING OF STREETS, AVENUES, ALLEYS, ROADS, AS DEDICATED IN THE PLAT. END OF EXHIBIT "B" ~.e E c.. 12.. -t9.. CA. \ '- - 1..1- i 1- ~O--- /2--Ll-q 2- A. F _ #: 9212080231 REEL 0688 FR 2444- 1!l1 1":.-, ~'"'\ e e ' .' Y A Fonu 26-~93 (HoUle Lo~u) DEED OF TRUST WASlllNGTON . luly 1974 S':clion 1810. Title JS, C\t1de Nc(ptablc: 10 Federal Nalional MOr1gagc Associalion (Amended May. 1989) NOTICE: TlITS LOAN IS NOT ASSUTvlABLE WITHOUT TIlE APPROVAL OF TIIE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. The attached RIDER is made a part of this instrument. THIS DEED OF TRUST, is mad~ this 25TH day of 'NOVEMBER ,19 92 , BETWEEN DUSTIN T. ADAMS, A SINGLE PERSON , as Granlor, whose address is 1328 COTTMAN STREET WEST, BREMERTON, WASHINGTON 98312 and STEWART TITLE COMPANY OF KITSAP COUNTY, INC. , as Trustee, whose address is 9951 MICKELBERRY RD.N.W. #201, SILVERDALE, WA 98?a~J MEDALLION MORTGAGE COMPANY , A CALIFORNIA CORPORATION ,as Beneficiary, whose .ddress is 650 SARATOGA AVENUE, . b . II S~N JOStcJTCA 95129 . h f I ~ l' 'bet! Granlor hereby Irrevocably granls, arg'lns. s~ s.n conveys rusl"" In rust, w,t power 0 sa~, th~ 01 OWing uesen . pro!",rty in KITSAP County, Washington: LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF. ~'lTC::"o CCUNT" ~,., 00" .om I I CTt ~l... I ~ .... FILE:.D-E-Y: STEW"RT TITLE. CO DEe B, 1992, 2:41 PM I(AREN FLYNN, AUDITOR CLERK: LOGAN TOGETHER WITH all th~ t~nem~nts, heret!ilaments, and appurlenances now or hereanor thereunto b~longing or in anywi", app~rtaining, and the r~nls, issues and profils Ihereof; and all fixtures now or h~reaner allached to or us~d in conn<ction with the pr~mjses herein describet!; and in addition Iher~to -th~ following describ~d householu appliances, which are anu shall b" ueeme<.! to be, fixtures and a part of Ihe r""lty, anu ar~ a porlion of lhe s<curilY for the indebtedness horein m~ntione<.!: A.F.#: 9212080232 IDe-C. "'65:12 Ffl ~'. '.~ . . ~-'-- To the extent that any of the pro!"'rty describet! herein may b~ subj<ct 10 the provisions of the Uniform Comm.rcial Code, this deed of trust is a securily agreem~nt, granting 10 b~neficiary, as secure<.! party. a security inlerest in any such prof"'rty and the grantor agrees to ex<cute such financing slatements as may be n:,!uired by lhe beneficiary .nd pay, upon demand, filing fees for any such financing statements and continuations lh~reof. Th,; real property conveyed by this deet! of lrust is not used principally for agricultural or farming purposes. THIS DEED lS FOR THE PURPOSE OF SECURING PERFORMANCE of each agreement of Grantor herein conl:lined 'and payment of lhe sum of ' SIXTY TWO THOUS.:l.ND FIVE HUNDRED FIFTY AND NO/100--- Dollars ($ 62 550. 00 ) with interest thereon accoruing to terms of a promissory note of even date h~rewith, payabk to lhe order of B~neficiary and made by Grantor; anu also such further sums as m.,y b" advance<.! or loane<.! by Ben~ficiarJ 10 Granlor, or any of their successors or assigns. togeth~r with interest thereon at such rale as shall b~ agreed upon. The Grantor covenants and agrees as follows: I. That he will pay the indebteuness. as h~r~inb~fore provide<.!. Privilege is r~-'~rved to prepay .t any lime, without premium or fee, the enlire ind~btedness or any part thereof not kss than the amount of on~ inst"lIm~nt, or one hundred JoHnrs ($ 100.00), whichever is less. Prepayment in full shall b~ credited On the dat~ rec~ived. P3lti,,\ prep,)'menl, other than On an installment due d.te, need not be cre<.!ited until the nexl following installmenl due dale or thirty days after such pr~payment, whichever is earlier. 2. Grantor agrees to pay to Ben~ficiary tog~th~r wilh and in addilion to the monlhly payments of principal and interest payabl~ under lhe temlS of the not~ s<cure<.! h~reby, on the first day of each month unlil s.,id no Ie is fully p.id: (.) A sum, as estimated by the Benefici.ry, equal 10 th~ ground rents, if any, and the taxes and special assessments n",1 due on the premises covere<.! by this Deed of Trust, plus the pr~miums thaI will next become due and papbl~ on such insurance policies as may be r<quire<.! under paragraph 9 her~of, satisfaclory to Benefici.ry, Grantor agreeing 10 deliver promptly to Beneficiary all bills and notices therefor, less all sums already paid therefor divided by Ihe number of monlhs to elapse b~fore One (1) month prior to the date when such ground rents, premiums, tales and assessmenls will become delinquent, such sums to be held by the Beneficiary in trust to pay s.id ground renls, premiums, l:lAes .nd special assessments. W (b) ..J All payments mentioned in Ih~ preceding subsection of this parngraph and all paym~nts to be maue unJ~r lhe nole l- s<cured hereby shall b~ added together and th~ aggregate amount thereof shall b" p.id b)' th~ Grantor each month in .~\; a single payment to b" .pplied by Beneficiary to Ihe following ilems in the order set forth: <t (I) ground rents, if any, laxes, special assessments, fire and other haurd insuranc~ pr~lniums; :3 (II) interest On th~ note s<cured h~r~by; and . '-:U.I (111) amortization of the principal of said note. :j- (c) cJ) - Any deficiency in lhe .mount of any such aggregale monlhly payment shall, unless m.,d~ good by Ih~ Granlor prior to >- Cl the due date of the nexl such paym~nl, constitut~ an ewnt of default under lhis Deed of Trust. Th~ arrangement O<() provid~d for in poragraph 2 is solely for th~ added protection of the Beneficiary and enlails no responsibilily on the :U ~ ,_" Beneficiary's part b"yond the .1I0wing of due credit. without interest, for the sums actually received by it. Upon ..J' assignment of Ihis Deed of Trust by lhe Beneficiary, any funds on hand shall be turned o,'cr to Ihe assignee anu any -.iJ... responsibilty of Ihe assignor with respect ther~lo shall terminate. E.ch Iransfer of th~ prop~rt). th.t is the subject of this Deed of Trust shall .utomatically Iransf~r to Ihe Granle~ all rights of the Gr.ntor with r~sp"cI 10 any funds .ccumul.ted hereunder. - ,/' /-1 / .- "" e e 26. With::ut affecting the liability of 'my other person for the payment of any obligation h<rein mentioned (including Grantor should he convey ..,id propl'rty) and wihtout aff""ting the lien hereof upon any properly not relased, Beneliciary may, wilhoul notice, rcle.,.e any person so liable, extend the maturity or modify the terms of any such obligations, or grant other indulgences, releMe or conveyor cause to be released or reconveyed at any time all or any part of the realty descrilxd herein, take or r<lease any other security or make compositions or other arrangements with deblors. Beneliciary may also accept additional security, either concurrently herewilh or ther""fter,' and sell same or otherwise r""lize thereon, either before, concurrently wilh, or after 53le hereunder. W'_= .h. hmd(,) ."h. Go,'..') ., ". "y md y~, r,,,, '"'U j d.... ~ (Seal) DUSTIN T. ADAMS -Borrower (Se.11) -Borrower (Se.11) .Borrower (S""I) -Borrowc:r (Sign Original Only) 0000093469 STATE OF WASHINGTON, ) ) ss: COUNTY OF KITSAP ) I, the undersigned, KIMBERLY A. O'NEAL hereby certify lhal on this 4TH day of DECEMBER , 19 92 , personally appeared before me DUSTIN T. ADAHS 10 me known to be the individual de~!)~~~"dlld. .'"..... \ '+-....... "0 ..~'.. ~ ......~ ..... & -l-..... -i'.. ........ who executed the within instrument, and acknowledged that HE signed and sealed ll~~<l':~ ~ ~IS \'.6 ~: free and voluntary act and deed, for the uses and purposes therein mentioned. % :.,.. JJ\' 11.0 ~~; !. : ~ -.-4",.,: ~ Given under my hand and oflicial seal the day and year last above ,w~. ~".:''''~l! ;! ~ ....J 110'''\ .... .~,/ , ... :.r:O .............- ....: ~.., , "" . ,'c!>:.,' Notary Pu~n and for the Slate of Washington. r.;~~ at BREMER N in 53id county. MY COMMISSION EXPIRES: 12/1/96 WHEN RECORDED MAIL TO: Medallion Mortgage Company A. F_:it: 9212080232 P.O, Box 9369 San Jose, CA 95057 Ri::.EL 0688 FR 2448 Q :si .: f ~ ...: !l Z , ~ ~ " ..;: 0 ~~~ 'Qo~ Cl Eo-< """ " C:o ~8 .., " 0 Eo-< " " " ~ " " .!l "'- a U) Cl~ ." " ;:> - ... " "" ..... ~~ ..... . ~ " Vl .;: ~ " " < Eo-< ll:l 'Qo > ~ 0 .~~ 'Qo 1 r" 0 Eo-< -:: .~ E' .... \: ~ ,,' ~ .., .., 0 ~-:: .., l: " $: 0 " " ~ .., w .~ - - :: 1: w - .;:;; ~ 'Qo w ~~ " ~ Eo-< 0 -:: " -< ~ ~~ ~ 'e;. ;; Eo-< ci 'Qo " .., -;;; 1: .:; Vl z 'Qo ..s~ .., <=- ~ ~ ~ '" ... ::; t E " '" ;; a -::: t: " .., ~ 0 0 .;:; '" ;; 'Qo .....l ....~ ~ .... <ii' ... "'~'~""""'--""."'. _....-.... ".-'. ..--....--...- .--.....- -.--........--..- -..- --..-_.. ------- -- . ". Recording Requested by: "_h LENDER SERVICE BUREAU . , ....9 MED Loan · 93-169 A \J) mm nnlllHliIlil 11m ~ Pool' 339147 ::J IIl11l1mllmllill~IHinllllun ~ . LSB' MEOOf - 8628 KITSAP COUI'ITY '11!l1I "111II LE N 0 E R S7.oo CHCK Illlllnllnlll~lIrnllIlllIg JAJII SERVICE FILm-BY: LENDER SERVICE BUREAU SlMLoan' 1921808 BUIU^U ~ 31, 1994, 9:57 N1 1lllillUII1Imlllmlllwllmrulln . C~: '}~UDlTOR : Whenrccor~edmailto: A_ F. #: 940331.0064 . - ~" Lender Service Bureau REEL 07 I. 555 Universily A\'cnue Suite 130 9~ FR 0500 Sacr.lmenlO. CA 95825 ASSIGNMENT OF MORTGAGElDEED OF TRUST for good and valuable consideration, (he sufficiency of which is hereby xlcnowledged, [he undersigned. -- MEDALLION MORTGAGE COMPANY whose address is 650 S<lr:llOg3 Avenue, $dn Jose, uli[ornia 95129 (Gn.nlor) By these presenls docs convC)', grant. b;ugain, sell, assign, transfer and sa over 10: STl\ll\lORTGAGE COl'tU'ANY .". -. whose address is 1250 Mockingbird Une., D<lllas, Te.us 75246 (Gnntcc) the described MOr1gage, together with the cerUin nOIe(s) described thenin \\ith all inlerest. r all liens, and <lny righls due or 10 bea>me due thereon. A Said MOr1g:Jge is recorded in the Slate of Washington, County of KjlSap, ~~_ -:::s Official Records on December 8,1992 "': :JJ Original MOr1gagor: Dustin T. Achms _ <:.) ......... \ V '")" Original Loan Amount: S62.550,OO _') Property Address: 1328 COUm,," St W ,Bremer1on. Washington ~ i,~ Prop<:rtyrra." 10 .: O '-' Legal Municipality: , ~.. Documenl' 9212080232 Book 0688 Page 2445 IN WITNESS WHEREOF. the undersigned corper.nion has c=:d this ins'J".Jmcnt 10 be e:<cculcd as . Se:lJed instrument by ils duly authorized officer. <i Dale: No\'ember 1,1993 MEDAlliON MORTGAGE CO~U'ANY ~ ~ Cfr- Sue Mehio. VLCC President NOI~'1' Acknowlcllgcmenl STATE of California Count)' of Sacr.mento - On No\'ember I, 1993 before me. Jenny Viall, personally .ppored Sue Mehio. prO\-ed 10 me on the -J basis of S'lliSr.'Clory C'\;dence 10 be the person whose n.,me is subscribed 10 the wilhin inslrumcnt ;lnd acknowlrosed lO me trot she e."cculro Ihe s:lme in her authorized Clp:Kity .nd lhat b)' her sign=lture on lhe instrument. Ihe enlity upon beh:uf t'f which the person :lCled. executed the instrumenl WITNESS m)' hand and official SClI. CAPACITY CLATh-{EO BY SIGNER: 3 ' MEDAlllON MORTGAGE CO/.U'ANY I'~~~' V=......"" _ H 0 Jioo.in- ~ t e-..... I toc.& nl t 1IOt~~.~ li Document Pl'tpared b~'; "'~ td.. 0:111.1'" .. lender Service BUre:lu, D. Klein · t..-do...............-. ALL"~..I"SI:"vro ~ lI"4...., ~ --~---- ------------------- -- "--.- .y,,": ~._. ...-. e8 DEED OF TRUST WASIIL--;GTON Ju/11974 $ceo.... 1&10, TotIc 31, Co4c ""..ruble 10 F..s...1 N ..ional )'SOf1~.re Auoc:i.alion (Am<t>dcd 1ol'1. 1919) NOTICE: TInS LOAN IS NOT AssmvIABLE WITIlOUT TIlE APPROVAL OF TIlE DEPARTMENf OF VETERANS AFFAIRS OR ITS AUTHORIZED AGE1'.'T. The attached IUDER is made :l part of this instrument. THIS DEED OF TRUST. is nude Ihis 25TH <by of 'HOVEM&R .19 92 ,BETWEEN DUSTIN T. ADAMS, A SINGLE PERSON . o.s G~tor, wbose aOJress is 1328 COTTMAN STREET WEST, BREMERTON, WASHINGTON 98312 and STEWART TITLE COMPANY OF KITSAP COUNTY, INC. . :as Truslee., whose a<ldress is 9951 MICKELBERRY RD. N.W. 1201, SILVERDALE, WA 98?JJ MEDALLION MORTGAGE COMPANY , A CALIFORNIA COR?ORATION , :as Beneficiary, wh= addr.::ss is 650 SARATOGA AVENUE, . bl b' II S~N JOStoTO. 95129 . ~ . . G~lor hereby IfTevoca y gn.nls, argallu. S-' S an conveys rust"" III ltuS1. WIth power of ute, the ollo"""g d=be..l roperty in KIT SAP County, Washin~toD: p LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF. ~'lTC: \0 CGlIUTv ~. $12.00" d'u I STC - F!U.D-E,Y: STHIAP.T TIiLE CO DEe 8, 1992, 2:41 PM "'.Afi.EN FLYNN: AUDITOR ClE~: LOGAN . . - TOGETHER WITH all the tenemenls. heredilaments. and 'ppur1=ces DOW or here>frer thereunto bdoc:;in~ or in anywise .ppooruining, and lhe renls, issues and profils thereof; and .11 fixtures now or here:1frer altached to or ~ in cOMcction \L;th th.o premises herein described; and in addilion thereto 'the following d.:scnOed household appliances, which ore :ulLl shall be deemed to be, fixtures and. part of the realty, and are a portion of Ihe security for lbe inuebledncs.s herein mentioned: A.F.#: 92120B0232 Q!::"""C' "650 ~R -"". ',5" .. .. -"""'- To the exleDt Ibat any of the property described herein may be subjcct 10 the provisions of the Ur.iform Corr.m~rcial Code, Ibis de.od of trust is a security agre<:ment, gn.ntins: to beneficiary. :as secured par1y, a security inr.:rest in any such pron.:r1v arnJ the g~tor a:;rees to execule such linan"ing SUtemc:nu as may be required by the be~.eliciary "'d p"y, upon demand, 'fili';:; fees for any such linancing st,lemenlS and continuations thereof. The'real property conveyed by this deed of trusl is not used principally for agricultu,.,t or f,rminS pul"jX>SCS. THIS DEED IS FOR THE PURPOSE OF SECURING PERFORMANCE of each a~r""e>e..'ll of Gr.:mtor he,.;:> c.:>nuined 'and payment of the Sum of ' ,- SIXTY TWO THOUSAND FIVE HUNDRED FIFTY AND NOj100--- Dolbn ($ 62 550.00 ) wilh inlerest thereon according to terms of a pror.'.is.s<:>ry no Ie of eve., dale herewith. p~~'e to tl-.e onler of Benef.ciary and nude by Gn..'lIOr; and also such further sums as may be adv"'lced or 10000'led by Sene:.cia"'J 10 Gn..'ltor, or any of their successors or assigns, together with inlerest thereon al such n.le as shall be agree<! upon. The G~lor covenanls and agrees as follows: 1. Tlut he will pay the indebt.:<lness. as hen:inbdore proviJed. Privilege is re."'''''ed 10 pr"i"'Y at any lime. ";;hout premium or fee, the elire indebledness or L'y p"rt thereof not less than the a:nount of one insullmenl, or One hunur..,j Jollars (5Iev.00), whichever is less, Prepa)'me::t in full shall be crediled on the dale received, P'rlial prep:>)'r.:ent, oll':er th"", on 2.n i.".sull"",,,: due date, neeJ nol be cr<<liled until the nut following installme.,t due dale or thir1y d2)'s af:er such prepa)'rr,ent, \L:uchever is earlier. 2. Grantor agrees to ray to Benefid:>ry together wilh and in adJition to the monthly p'pne:\ls of princip.1 L'lJ int.:res.t papble und.:r the tern\! of Ihe no'e secure<! hereby, on Ihe firsl d.y of e::lch month unlil ""iu nOle is fully paid: (a) A sum, o.s estimated by the Bene:.ciary, equal to lh.: grounJ renls, if any, and the Uxes .nd special assessrr...:.r.ls oe..\l due on the premises covered b,. tllis Deed of Trusl, plus the premiums th.t wiiJ nexl kome due anJ r.apble on such insu~ce policies :as tr.ay be required under pa~gn.ph 9 he r.:o f, salisfaclory to B~n~ficiary, G~ntor a~,ecin, to deliver promptly to Be.'leflciary all bills and n.otices therefor, less all S'Jms alredy p"id therefor di,'iJed by the Dumb.:r of months 10 elapse before one (I) monlh pnor 10 the date ....hen such ,round ",cls, premiums, bxes an.! =ments .- ,,~II become deJinqu~nt, such sums to be hdd by Ihe B~n~fidary in lrusl to p.y s.>id ,round renls, prem.iums. Illes arnJ special assessments. UJ (b) ..J All p"ymenls m~ntion.:<l in the preceding subsection of thi. pan.:;raph and all paymenls to be made unJer t.... neee .1- secu..w bereby sh.1I be aJd.:<l lo,elher and th. a"regale amount thereor shall be paid b)' the G~lor each month in i= a sin,le payment 10 be .pplied by Beneficiary to lhe followin, ilems in the onler set forth: 'l- e:: (I) ground ",nls, if "",y. lues, special assessmenls, fire and other haurd insun.nce premiums: <t :::: (II) inleresl on the nOle s<<u..w hereby; and .~ (Ill) amor1iution of the principal or said note. ~ (c) lJ') - Any d~fici.ncy in the amounl of any such aJ:gre;:ale monthly pay""",t shall. unless rruJe good by the Granlor prior I.) >- the due .I.t. of lhe next such paymenl, constitute an cwnl of <kr.ull unJet Ihis [)c"J or Trusl. The .rnn:e~ C) o<{) provided for in para,raph 2 is solely for the added prol<etion of th.o Benefic;.ry and entails no "'~ponsibility on !be ~:9 .. ' Benelici.ry's part beyond tile allo,,;n, of due C..wil, wilhout inle~l. for the sums actually r~ei".:<l b,. it. Upon assignment of this D<<d of Trust b,. the Ben.ficiary, any funds Ot'l Iund shall be tumnl o"cr 10 lhe usi~n<< ami Ml'J ...iL re.sponsibihy of the assi,nor with ~pect therelO shaUlcrminale. Exh lransfer of the propert)' Ih.1 is the subjlOCt of this Deed or Trusl sh.1I .,,/omalie.lI,. 1r:lOsf.r '0 the Cranl"" all ri~h/s of Ih. CDOtor wi,h rcsp<<l 10 ...,. fuDJs a.cumulaled hen:unuer, - /-~ / ~-,. ..- p" -_. .., . '''0 fit 26. Withcut affeclinlllhe liabilil)' of any other p.<rson for the payment of any obli,ation herein mcnlioneJ (incluuins Gr:>ntor shoulJ be convey ~i<.l propeny) an<.l wibtout arf<<tine Ihe lien hereof upon any l'rol"'ny nol relase<.l, Bendiciary /NV, withoul notice, rele:uc: any person SO liable, ulcnd !he maturity or mo<.Iify the terms of any sud> obliealions, or er=t other u,.iul:cnccs, release or conveyor cause to be relased or reconvey.,u al any time all or any pari of the ralty <.Iocribed berein, LUe or reins<: any other =rily or make compositions or olher ar;anlOemcnts wilh deblors. Be.,>cflCi.1ry r=y also acccpl a<lJilioru! security, either concurrenlly herewith or there:>flU, and sell same or otherwise re:llize thereon, either before, concurrently ....ilh, or afkr sale hereunder. Wi..= "" ","d(.) of~. G~.o<.) ~ "" "" "" ,~. r"" 'U C,- ;J ~__. (Sea!) DUSTIN T. ADAMS -B~ (Sat) .Borrower (Sat) , -Borrower (Sa!) . BorTOW1:1' (Sign Original Only) 0000093469 ST ATE OF WASHINGTON. ) ) ss: - COUNTY OF KITSAP ) . . I. the undersigned, KIMBERLY A. 0 r NEAL hereby certify thai on !his 4TH <by of ' DECEMBER .19 92 . personally appeared kfore me DUSTIN T. ADAHS 10 me k.nown 10 k L':e in<livi<.l"2t <.lc.~~~";ih<.I." .,." oJ.. \ ~ ...... j () ....... ~ C")-....... -l~.... ~ ..~ who uccutcd the within instrument, and ack.nowl.,uglOd Ihat .HE sisnlOd an<.l saled lei "I.';.:; ~.. Ii I ?r.'..:;. :. free and votuntary acl an<.l <.Iced, for the usa and purpo~ therein mcniioned. i "" ! ~ ':l Ii" 1/.0 : >;. ~ . ~.J:~ _.-4.=:~~ ! 4.' -r..(lt.".l.O"~ i ~.:! GivCQ un<.ler my hand and official seal the <by an<.l yur last abo~ 0- ~;<~. .,\ ~~~"':~/ . ';:;,n .t/~ /~ ~ 0 -...... , . , "v~, "': :y n~.~'" Noury Publj0).""d for the Slale of W:lShing!c~<s;c~:t~"al BREHERWN in ,..itl county. MY CO~_~ISSION EXPIRES: 12/1/96 WHEN RECORDED MAlL TO: Mccbllion Mortgage Compa..,y A C" ~,- 9?1? D __ P.O. Box 9369 -I _-n-. _ -O~023.L.. S~Josc. CA95057 Rl:::.EL 0688 FR 2448 c:i ~ 0: " ~ ~ .~ f z ~ ..... '] ~ o -~~ '::,.." ~ ~ r- "1:.. ~ C> ~e ~ ~ ~ ~ r- .... " ...." ~ (I) Q~:;;, U ... ~ r: l; "... " .... ~ -=-';;" . V) "::: " C t: < 1" ~ '::,.. ~ > ~ ~ ~ ~ '0- oS ~ .~ ::- 0 .. ~~ ~ ~ ~ ~ ... r: ....- -;: ~ It: II: o Q ,,<:'0:;.. 10 ~ W iO "S~ ~ t: - t1l W .!:......::: - t ~ ~ t-,... "" ~t ", ~ .. ... ... to- . .:;- '::,.. _ < ~......." .. .. ... I- d - '6- ~~ ~ ~ "i (I) :z '0- ~ .t'~ ~ a ~ c ~ ; ~:: i ~ S ~ !: f.:. ~e ~ 0\ l a: Q ..J ""S U .... ~ "':: -.. c ~ \oJ ~. .' ," ... H........_..._..,...... _'''_ ," _'. .._.. ._.._ _....._ _'__ _'___'''_ __ ___.. -- .. _.,'''~ ,. fit ~f'~ >~'jfit<<"'l...\-'t~'f'~ ~>~."..",11'~...., ~ V.A. ASSUMPTION POLICY RIDER .~ZI::;' J NOTICE: THIS LOAN IS NOT ASSUMABLE \VITHOUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. ~tJ-".~?J~' ->~ -~ , ;~:~~t :.-:.-~ .' ~ . ~~~!%;~~ ~ "r;'.' THIS ASSUMPTION POLICY RIDER is Imdc Ibis 25TH <1>y of NOVEMBER .19 92 . ~~?;;~.:.- . ) and is incorpor.te<l into .nd sh.1l be dceme<.l 10 amend and supplement Ihe Mort;.!;e, DeuJ of Trusl, or Deed 10 Secure ~~!'.:Y.."" Debl ("Inslrumenl") of the same ~e herewith, given by the undersigned ("Mort!;.!;or") 10 secure the Mortg.gOf'S Note ~~f~~~<:"" - ("Nole") of the s.,me d.te to MEDALLION MORTGAGE COMPANY , A CALIFORNIA CORPORATION its successors 2,.,,<1 3.SSi&ns ("Mortg.gee") .nd covering the property d<.scribe<! in Ihe Instrument 2nd loale<l .t: 1328 COTII".AN STREET WEST. BRlliERTON, WASHINGTON 98312 A_F_:fi:: 9212080232 IP.."."Y ........l}EEL 0688 FR 2449 Notwithsl:u1ding anything to Ihe cont~ Sd forth in the Instrument, Mortg.J:'CC and MortJ:.gor herthy ""bowled~ and .gree 10 the following: GUARANTY: Should the Dep.rtment of Vetero.ns Affairs f.il or ",fuse to issue its guaranty in full .mount witla" 60 <1>ys from the date th.t this loan would normally become eligible for such J:U2ra.nty commille<l upon by the Dep>rtrocnl of . Vetera.ns Aff.irs under the provisions of Tille 38 of Ihe U.S. Code "Vele,.", Benefits," Ihe Morl!:'!;"'" au)' c!eclMe lhc .'..,; ,U;d,;btedness hereby secured al once due .nd p.yable and may foreclose immediately or =y uercis<: .......y otl:er rl::hts .' r,'. '\e~eun&r or bke any other proper Iction 2.S by law provided. =' . .' -, . . TRANSFER OF THE PROPERTY: If .1I or any part of the Propuly or .ny interest in il is sold or t'"lUferred. Ihis loan ; ,:'" ,'" "lr~y .t!e.llec(.red irnmeUialely due am) p.y.ble upon tro.nsfer ("2.SSUll1prioo") of L'>e property securing SUC~ 102:1 to illY : ;.- . 'transferee C'2.Ssumer"), unless the aaepl"-bility of the 2SSUmption ....,d lransfer of this lo.n is es~bEshed by !he : :. \""," ~,'Departineo(of Vete~.s Affairs or its luthorizd agent pursuant 10 So::lion 1814 of Ch'pler 37. Tille 38, U:>ile<l SUles '.;.~ -:.....: .C09r::~, ..:.o . ... :'. . ..:.,~ ,,>:thorized transfer ("2S5Umption'1 of the property shall also be subject 10 .ddilional co\'en'nU and a;rec:::e::ts as $CI '.... .~, fortb below: ' (a) ASSUMPTIO;-: FUNDl:\G FEE: A fee equ.llo one.h.lf of I perc<Ilt (.50%) of the un"aid pri;,:;",1 b2:2.')Ce of this 102Il 2.S of the date of transfer of the property sh.1I be p.pble .1 the time of transfer 10 the mort g.:;"", or its .u:l:orizeJ .gent. IS trust"" for the Department of Veler.lns Aff.irs. If the assume: bils to p.y Ihis fe.e at the lime of I=fer, ll::e f"", sh.1I constitute an .dditional debt 10 llul .Ire:ldy secured by this instrurne....t. s.;.lI bar inl"esl al the nte herein pro,;<Ied, Illd. lIthe option of the mortga:;... of theindebledness hereby secured or an)' transf<rec Ihereof. sh.lI be i",.:r.edi.:ely due Illd payoble. This f"" is aUlorr~liC2l1y waive<l if the assumer is exempt Il..,der Ihe provisions of38 U.S.C. 1829 (b). (b) ASSUMPTION PROCESSING CHARGE: Upon applic'lion f;or approval to allow assumption ~d tr:l.:uf.,. of Ihi.s loan, I processing fee O".4y be ch>r!;ed by Ihe 1l10rtg.:;ee or its authori~etl .:;ent for delerminin!: Ihe credil....'Or'~."iness of the 2SSumer ant! subsequent:). revising the holder's ownership re<:orUs ....h.n :..... .pproved Ir.lnsfer is completed. ne .c>ount of Ihis charge sh.1I not exceed the lesser of Ihe maimum est.blisheJ b)' the Dep.rtment of Vele",ns Afr.irs for . 102.11 to which Seclion 1814 of Ch.pter 37. Tille 38, Uniled St.les Code .pplies or any maximum prescribe<! by .ppliable Sl"-Ie '.w. (c) ASSUMPTION lSDE!-\NITY LIABILITY: If this oblil:'licn is assumed. then the assumer hereby 'trees 10 assume .1I of Ihe obli;'lions of Ihe ,""Ienn under the terms of lhe ins::-,;mer.ls cre>l;nJ: a~d seeurin:; ll':e 10....., in.ludinJ: Ihe obliJ:ation of the Yele",n 10 indemnify !he Department of Velen.~.s AIT.irs 10 Ihe Ulent of .ny chi", i'.~'r.;en: arising from th~ gU3r:l1lry or il".$Uro......e of the indebtroness cr"'le<l b)' Ihis instn::=>e....L IN WITNESS WHEREOF, Mortg,!:or\s) h2.S execuled Ihis Assumplicn P('licy Rider. ~di:---____, (S...I) (Sal) DUSTIN T. ADAMS ~lorlg'!:or Mort::.sor (Sal) (Sal) Mort~'i:or Mort~'i:Or . LOAN I 0000093469 - O.~2& "01," ""'" "'CfIlTG,Ac;l 'OI'MS. gl~:')-'I00' ~16I")Z" , 0190 a . , .... ~J<r..'::"-::"!'~:''''.'':;''"_~:'~''~_.....--..-r....,.,....___...-..,......__-~___-___.._._......___....___ _.._. ______ -- ' ee .. -.- -- - . .. , , .- . - '. ~ .-- EXHIBIT -A- ORDER NO.: 32011535 LOT 14, BLOCK 2, OLE HANSON'S NAVY YARD ADDITIO~, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, IN KITSAP COUNTY, WASHINGTON; . EXCEPT THE WESTERLY 10 FEET THEREOF. TOGETHER WITH AN EASEMENT FOR INGRESS AND EGRESS ACROSS THE SOUTH 12 FEET OF THE FOLLOWING DESCRIBED PROPERTY: ... LOT 13, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING , . TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, IN KITSAP COUNTY, WASHINGTON; EXCEPT THE WESTERLY 10 FEET THEREOF. .. . . . END OF EXHIBIT -A- . . . .. -t - - . .. - :'..: , , , "--. , .. . . .. : A_F_#: 92i20B0232 REEL 0688 FR 2450 ". P.". 1 , - - .'~~ . . ~iled for Reeord& Request of: · ~~fPt . KITSAP COUNT~ ~ . $3.00 CHCK . FILED-BY: CITY OF 8REMERTON When Recorded Return to: AU6 9, 1995, 1:50 PM KAREN FlYNN, AlUITOR Name Bremerton Ci tv Clerk CLERK: BEVANS Address 239 Fourth street A.. F.. #;: 9508090091. . REEL 087~ FR 0596 Bremerton. WaShlnQton 98310 1328 Cottman Street - Adams STATUTORY WARRANTY DEED (For Use in the state of Washington Only) THE GRANTOR, DUSTIN T. ADAMS, a single person, for and in consideration of good and valuable consideration, conveys and warrants to the CITY OF BREMERTON, a municipal corporation, the following described real estate, situated in the County of Kitsap, state of Washington: PARCEL I: LOT 14, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING TO THE PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, RECORDS OF KITSAP COUNTY, WASHINGTON; EXCEPT THE WESTERLY 10 FEET THEREOF. ~\ PARCEL II: ~ ~ 'a: AN EASEMENT FOR INGRESS AND EGRESS ACROSS THE SOUTH 12 ~ " ryW FEET OF THE FOLLOWING DESCRIBED PROPERTY: - ~ ~ ~ m '\.... LOT 13, BLOCK 2, OLE HANSON I S NAVY YARD ADDITION, ~ UJ ~~ La ACCORDING TO THE PLAT RECORDED IN VOLUME 4 OF PLATS, 55 C) "\. ~ PAGES 56, RECORDS OF KITSAP COUNTY, WASHINGTON; EXCEPT o r- ~ > THE WESTERLY 10 FEET THEREOF. at) c.!J z~ <( ::> :::> z -- / !i '" "" 0::> DATED this 2 l day of ...J ~ ' 1995. ",2 0 ::EO>- Q <-c? <( <(om , ~ ,/;;J ~r- ~ ~~ ~ DUSTIN T. ADAMS STATE OF WASHINGTON) ~ SSe COUNTY OF ~, ,'c' ' ~,~~,j On this) date, before me, the undersigned, a Notary Public in ,_~~~I and for the state of Washington, duly commissioned and sworn, ,~,:.:.:,; ~~~j I~ t< " ,5:.j-1' 1 .,..\., t., ;';j STATUTORY WARRANTY DEED -1- . ''':i'~f:.:..~7~~ .: _. '_ ,f" ADAJoIS.SW - \lest Hilts Closings - 7/13/95 . ';~~""l'~~:-;:~ '-.:'.~' ..':~.ilij~~j - -.~'- -- ~ ~'-,-" ,--"'r ---- --- -~~ - --~-,~'---, ~.~_.~,---~~,-~~,,,,,,,,,,.....-. "'~'.'\~ ~~'.:: :~~z.~+~ .r_ . -'.~-I ...--;~-- --~' -~ e e -,. '--='..-- - - - 'personally ap'peared DUSTIN T. ADAMS, to me known to be the individual described in and who executed the within and foregoing instrumeht, and acknowledged that she signed the same as her free 'and voluntary act and deed, for the uses and purposes therein mentioned. ~.,: ~'! ? ~-,~ ' .' . . . ~( ~ ~l\\"U'~lJ,'1 GIVEN under my hand and offlclal seal thlS c:::::::.L- qa~'~'J..~Sl1/.) ~""",''f<' Ul ). ~ b ' 1995. .s ,,".>_........::.C-:.~D.::,~ .. - "'z a~ r:f_..." ... ' " , -.-' ,.~ 0 ' . ~ ~ ' ~ ~\~~ , - -- ,- '.... . '" '<)11 G J1 i \.- . ft~I-"'.....I .",..~v . II? ' i\...) 1 '-J e:: ~ 2. In: ~.. : L, . >. ~ I <'\ . c,,: ... .t t S Q e-ry_, ,,,-U\ ..~-. ~ : . .. . .-:....... ~ ... at ~b':l ,,," o ~"', ...- A F ~- o~oaU-~~O~~4 - - "'E"F.. .I --:F li.......f , LJI.I ~ REEL OB7~ FR O~9F STATUTORY WARRANTY DEED -2- AOAMS.SWO . ~est Hills Closings. 7/13/95 , . - Filed for _ord at Request of: e IGTSAP COUNTY " $8, 00 CHCli FILED-BY: CITY OF BREMERTON When Recorded Return to: AUG 9, i 995, 1: 50 PM KAREN FLYNN, AUDITOR Name Bremerton city Clerk CLERf(: BEVANS Address 239 Fourth street A~ F~ ::1=: 9508090091. Bremerton. Washinqton 98310 REEL 087:1. FR 0596 1328 Cottman Street - Adams STATUTORY WARRANTY DEED (For Use in the St~te of Washington Only) THE GRANTOR, DUSTIN T. ADAMS, a single person, for and in consideration of good and valuable consideration, conveys and warrants to the CITY OF BREMERTON, a municipal corporation, the following described real estate, situated in the County of Kitsap, state Df Washington: PARCEL I: , LOT 14, BLOCK 2, OLE HANSON'S NAVY YARD ADDITION, ACCORDING TO THE PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, RECORDS OF KITSAP COUNTY, WASHINGTON; EXCEPT THE WESTERLY 10 FEET THEREOF. ~\ PARCEL II: x < AN EASEMENT FOR INGRESS AND EGRESS ACROSS TilE SOUTH 12 I- ", W ~~ FEET OF THE FOLLOWING DESCRIBED PROPERTY: en (3 LOT 13, BLOCK 2, OLE HANSON'S NAVY YARD ADDIT.ION, ~?:~ ~L5 ACCORDING TO THE PLAT RECORDED IN VOLU11E 4 OF PLATS, ~Zt Ol ~ PAGES 56, RECORDS OF KITSAP COUNTY, WASHINGTON; EXCEPT X::>!= ~~ THE WESTERLY 10 FEET THEREOF. ~8(.) tD :::> day of It, /.~ o..~ <- DATED this 2/ 1995. <(~ 0::> , . en ~ 0 ~O>- 00i~J d~ at: <( <( (,) llJ 'Z~I- a.. DUSTIN T. AD1\11S STATE OF WASHINGTON) COUNTY OF ~ ss. the undersigned, a Notary Public in On this date, before me, .and for the State of Washington, duly commissioned and sworn, STATUTORY WARRANTY DEED -1- ADAMS.SIID ' \I.st "1IlsClo.lngs . 7113/95 , , personal14llLppeared to ma.nown to be the DUSTIN T. ADAMS, individual described in and who executed the within and foregoing instrument, and acknowledged that she signed the same as her free and voluntary act and deed, for the uses and purposes therein - mentioned. _r"'.....;:'f c::2.-( 6t- \\\"nuIIIIII,,' GIVEN under my hand and official seal this da~~~~~s~n ~~~~. 01 x \l ~ ' 1995. lyc:.:"'G~C":<() ,/'" g:; f- ~ c"ow_, ,.....~. "l,--". "1 '=J \1 fi,? f" \ \=. -: -: ~ r ~ , ~'>~ tj 0: ~";,.: . 0. ~ CJ: ~. i t~ a _~'~....R'f at ' " . ..~ ' IO/~4Ar;.'''' ; :~)./'" A_F.#: 9508090091 REEL 0871. FR 0597 STATUTORY WARRANTY DEED -2- ^DAIIS.SIIO ' lI.st Hills Closings. 7113/95 I ,.' .. h' vOL498 ",,368 ,.. >5(l"i667~C,u - -~~; ( "~ ,.... 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In "" <"i,ll''' 10 be II" T;eaJJlra of KilJap COJlnIJ, :r aJhinglon, and Ihe paJon d"cribed in and w},o exuJlted Ihe _n__furegoiJlg-i"JI'Jlmml...J1I1{LhLa(kn,o,u.le,Jg"!Jo-'!1.e~~ he', Jili,,,d. u.J1ed and ,xuuled Ih, 14me, aJ TreaJu,ff of J.lId Counly. aJ hi! f,ee and volu"larJ a(/ and deed and fo, Ihe JlUJ ""J pu,pOJ" Ihaein mm}jJJ',J,-=~__, --' / ,-,;,r;';,,; ;,'l ~11~ '." ,-------- IN lfIETNESS WHEREOF, I bav, hmunlo ul mJ hand and ajJimJ mJ offici.J1 ;,;t!..~lJ'1,f'1{ttdf'./l1~iJ, 'f' fi b . ,( --', ~ -/, '. ,,". ,,"I,(.lle I1JI a M'e umltm. ~// 7 I' ('~Y~:- , ':- ~'~:, ::lC :::~: ~'~~~'~~' , " I' "..,~,. "',' ." ;J ,,-t. i' - .p'}.:~. .",., -; ~.r..,~ ,- ___ _ _._u1----r:ll-- . --, - .--:r-,'-~"_.-, "~ , County Clerkand Clcrl4>l~~, '. ~.:::..~,j~.~: -:':-;:;; OJ '. ,_ ' Kit>~p, CountnW~ ;,"' '-0(. j/ .:.;; '.~ - __ _~.._____---__~~v~r~~...--::,~--..:~\"Y_--J I. n 'a, ,,,, '\~ .. . _ ' l i :'~ I \\~" .- / ..0 ~- .' j ~, . 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'" .,~' ~, ,,' ,"," ......,.. -', ." . --:;~=~:= ~:-;--;;;--~'"~~~;-;; _ ,_l & ._~_.....,....:~ 10."'" . .". :"~.~,.;... --~=- RECE\\fEO ~_ -' \; e - ~-~~ \1 , , ' , V i SEP 2. ,_; II . L--~~- 'ORNEY\ \,~~REAL ESTATE PURCHASE AND SALE AGREEMENT Improved property THIS CONTRACT CONTROLS THE TERMS OF THE SALE OF THE PROPERTY. READ CAREFULLY BEFORE SIGNING. THE CITY OF BREMERTON, a Washington municipal corporation, (hereinafter called "Purchaser") hereby agrees to purchase and the undersigned Sellers hereby agree to sell the following described real estate located in the City of Bremerton, County of Kitsap, commonly known as 1328 COTTMAN ST., BREMERTON, WA 98312 ,and legally described as follows: ~ 6 tsoo ~~J ,'.. )112 ,~. fJv~~ ,i..rf~~lj,f) (SEE ATTACHED EXHIBIT "A") '1 I 70 '];,(0 f>e.... y~'- ey/r-e~-)~ 'j-,fo., , '3 J o~ c./q}1o, ().~~<!'~ ()I 6 Z S Ret-.vv<\hov..5 q 0 I 6 tJ t7 -r: f./ I 1. PURCHASE PRICE: The total purchase price is S:8'v7IJ~nY 'fHOU3A.ND 'N II./ET'1 rfloU.54#() S'I)( }/tf,vOREf) Dollars ($ 70,000.00 ' 90.600 ) . . 2. CONDITION OF TITLE: The title is to be free of all encumbrances or defects except: Rights reserved in federal patents or state deeds, building or use restrictions general to the area, existing easements not inconsistent with Purchaser's intended use, and building or zoning regulations or provisions shall not be deemed encumbrances or defects. Encumbrances to be discharged by Sellers may be 2aid out of purchase money at date of closing. . 3. TITLE INSURANCE: PV1 r~ ~af e..... Seller-s shall furnish "'Lv Pul.chaser a Washington Land Title Association Standard Form Owner's or Purchaser's Policy of Title Insurance in the amount of the purchase price. Sellers-authorize the Ci t-y Attorney to apply as soon a~ pract i Cri 1. for such :t..i-t-l-e .insurance, ann ~s soon as reasonably possible, Purchaser shall be furnj shed ;} prel.Lllli-nary l;ullulli tment therefor iss~i tIe' CeInpany. (T-he-Se;b...l-er..s-S...ha,l,l_assume-any-e-ance-];-l-a-t-4en-f-ee-ot-s'\ieft commitme.n-t-Or--.p.Qlicy.) '!'he tit~~e~bssued-sh-a-H-con1:ain J:l.Q..except-. i ons otJ:ler-1;.B.a.:.r-l-t-hQse~I1-S~-s.:t-a-nd-a-rd--ft>rm-p-ltl's- e~.-de,f_ects-nGted in paragraph 1 above. If Litle is . REAL ESTATE PURCHASE AND SALE AGREEMENT -1- REPSA2.AGT - Agreement Forms - 7/26/94 e e ,\(~~' :,' \. ~ n~o insurable as above provided and cannot be-made so ~~able .. by the terminatt reement shall terminate; provided, howeve d~~cts in writ' 0 purchase. 4. DEFAULT: If either party defaults (that is, fails to perform the acts required of that party) in that party's contractual performance herein, the non-defaulting party may seek specific performance pursuant to the terms of this agreement, damages, or rescission. 5. PRO-RATION: Taxes for the current year, rents, insurance, interest, water and other utilities constituting liens shall be prorated as of 'date of closing. ' Purchaser shall pay for remaining oil in fuel tank, the amount to,be determined by the supplier. 6. POSSESSION: V Sellers shall deliver possession to Purchaser on closing, or days after closing. Sellers agree to pay Purchaser the sum of $2/~ for each day of possession beyond date of closing. Possession shall be deemed given when Sellers have vaca,ted the premises and delivered the keys to same to Purchaser "or to closing agent. Said payment shall be the sole responsibility of Sellers. ~ 7. CONDITION OF PROPERTY: Purchaser offers to purchase the property in its present condition on the terms noted. Sellers hereby warrant that to the best of their knowledge the premises described herein and the improvements thereon do not violate the applicable building or zoning regulations and that they are unaware of any material defect in the premises or improvements thereon with the exception of the following, to-wit: None. . 8. TIME FOR ACCEPTANCE: Purchaser's offer is made subject to acceptance of,Sellers on or before Twelve o'clock midnight on /5 OCT) /Q9'1 . , 9. TIME FOR CLOSING - RESPONSIBILITIES OF PARTIES: The sale shall be closed in the office of the Bremerton City Attorney within 45 days after preliminary commitment for title policy is delivered showing title insurable, as above ,provided, but in an~ event not later than the .-L.2.- day of ;VOVE/I-1lttfEI? , 19 l' ., upon which date the agreement shall terminate. The Purchaser and Sellers shall deposit with the Bremerton City REAL ESTATE PURCHASE AND SALE AGREEMENT -2- ~ REPSA2,AGT - Agreement Forms - 7/26/94 e e . Attorney all instruments, documents and monies necessary to complete the sale in accordance with this agreement. 10. CLOSING COSTS AND PRORATIONS: The Sellers agree to pay for the costs of clearing the Sellers' title to the sale property, including any delinquent property taxes, the owner's standard title insurance policy, and any real estate excise tax related to the sale property. Real estate taxes for the year of closing, and utilities constituting liens against the property, shall be prorated as of closing. Any assessments shall be paid by the respective Sellers. 11. DATE OF CLOSING: For purposes of this agreement, "date of closing" shall be construed as the 'date upon which all appropriate documents are recorded and proceeds of this sale are available for disbursement to Sellers. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Sellers. 12. RISK OF LOSS: If prior to closing, improvements on said premises shall be destroyed or materially damaged by fire or other casualty, this agreement at option of Purchaser shall become null and void. If . Purchaser elects to continue; all insurance proceeds, if any, shall be payable to Purchaser. 13. PERSONAL PROPERTY: All attached floor coverings, attached television antenna, window screens, screen doors, storm windows, storm doors, plumbing and lighting fixtures (except floor, standing, and swag lamps), shades and venetian blinds, curtain rods, attached bathroom fixtures, trees, plants, shrubbery, water heating apparatus and fixtures, awnings, ventilating, cooling and hea~ing systems including built in and "drop in" ranges (but exceeding all other ranges) and all other fixtures that are now on the premises shall be included in the sale unless otherwise provided herein. 14. ATTORNEYS' FEES: If either party hereto is required to retain an attorney to bring suit or seek arbitration to enforce any provisions of this agreement, said party shall be entitled to reasonable attorneys' fees regardless of whether the matter proceeds to judgment or is resolved by defaulting party curing default. 15. ENTIRE AGREEMENT : There are no other. verbal or other agreements which modify or affect this agreement. Time is of the . REAL ESTATE PURCHASE AND SALE AGREEMENT -3- REPSA2.AGT - Agreement Forms - 7/26/94 e e . " essence of this agreement. All subsequent modifications or waivers . of any condition of this agreement shall be in writing and signed by the .appropriate parties. CITY OF BREMERTON BY: Date LYNN HORTON, Mayor PURCHASER ATTEST: . McCLUSKEY, Clerk Public Works & utilities APPROVED AS TO FORM: IAN R. SIEVERS, City Attorney Purchaser's Address: Bremerton City Hall Attention: Kathleen L. McCluskey, Clerk . 239 Fourth Street Bremerton, Washington 98310 Purchaser's Phone: (206) 478-5290 ******* On this date SEt! /1, /11;t , we hereby approve and accept the sale set forth in the above agreement.and agree to earry out all the terms thereof on the~ ;;e~ > Sellers' Address: l?2oP C;o H}fA....., S; W tn:>vfA.t'rrJv"'- I W A q!']J2- Seller's Phone: 11(;) S- - 0 932 \\ REAL ESTATE PURCHASE AND SALE AGREEMENT -4- . REPSA2.AGT - Agreement Forms - 7/26/94 , - tit (I ~ . . . ******* A true copy of the foregoing agreement'signed hy'sellers is hereby received on , 19 . IAN R. SIEVERS Bremerton City Attorney\ Agent for Purchaser . . . Co,.,. REAL ESTATE PURCHASE AND SALE AGREEMENT -5- l REPSA2.AGT - Agreement Forms - 7/26/94 . e .. e . REAL ESTATE PURCHASE AND SALE AGREEMENT Improved property THIS CONTRACT CONTROLS THE TERMS OF THE SALE OF THE PROPERTY. READ CAREFULLY BEFORE SIGNING. THE CITY OF BREMERTON, a Washington municipal corporation, (hereinafter called "Purchaser") hereby agrees to purchase and the undersigned Sellers hereby agree to sell the following described real estate located in the city of Bremerton, County of Kitsap, commonly known as 1328 COTTMAN ST., BREMERTON, WA 98312 , and legally described as follows: (SEE ATTACHED EXHIBIT "A") 1. PURCHASE PRICE: The total purchase price is SEVENTY ,THOUSAND Dollars ($70,000.00 ). . 2. CONDITION OF TITLE: The title is to be free of all encumbrances or defects except: Rights reserved in federal patents or state deeds, building or use restrictions general to the area, existing easements not inconsistent with Purchaser's intended use, and building or zoning regulations or provisions shall not be deemed encumbrances or defects. Encumbrances to be discharged by Sellers may be 2aid out of purchase money at date of closing. . 3. TITLE INSURANCE: Sellers shall furnish to Purchaser a Washington Land Title Association standard Form Owner's or Purchaser's Policy of Title Insurance in the amount of the purchase price. Sellers authorize the City Attorney to apply as soon as practical for such title insurance, and as soon as reasonably possible, Purchaser shall be furnished a preliminary commitment therefor issued by Land Title Company. (The Sellers shall assume any cancellation fee of such commitment or policy.) The title policy to be issued shall contain no exceptions other than those provided in said standard form plus encumbrances or defects noted in paragraph 1 above. If title is . REAL ESTATE PURCHASE AND SALE AGREEMENT -1- REPSA2.AGT - Agreement Forms - 7/26/94 e .. . e . essence of this agreement. All subsequent modifications or waivers of any condition of this agreement shall be in writing and signed by the appropriate parties. CITY OF BREMERTON BY: Date LYNN HORTON, Mayor PURCHASER ATTEST: . McCLUSKEY, Clerk Public Works & utilities APPROVED AS TO FORM: IAN R. SIEVERS, city Attorney . Purchaser's Address: Bremerton city Hall Attention: Kathleen L. McCluskey, Clerk 239 Fourth Street Bremerton, Washington 98310 Purchaser's Phone: (206) 478-5290 ******* On this date , we hereby approve and accept the sale set forth in the above agreement.and agree to carry out all the terms thereof on the part of the Sellers. Sellers' Address: Seller's Phone: \\ . REAL ESTATE PURCHASE AND SALE AGREEMENT -4- REPSA2.AGT - Agreement Forms - 7/26/94 .. " "p:Eci\\I~~. e e 1'-. ......-~..... .....-...- 1 i .~_:~ ~NC'i \ <,,';11\ erTY ~110 ~. "'\;.~::~:l...._~_.. REAL ESTATE PURCHASE AND SALE AGREEMENT Improved property THIS CONTRACT CONTROLS THE TERMS OF THE SALE OF THE PROPERTY. READ CAREFULLY BEFORE SIGNING. THE CITY OF BREMERTON, a Washington municipal corporation, (hereinafter called "Purchaser") hereby agrees to purchase and the undersigned Sellers hereby agree to sell the following described real estate located in the City of Bremerton, County of Kitsap, commonly known as 1328 COTTMAN ST., BREMERTON, WA 98312 and , legally described as follows: (; 1rSOO I,,;) ,'" )112 -;C, ~,- .i...rf:;n.lj,i (SEE ATTACHED EXHIBIT "A" ) 4 170 ]0/0 I'-e~ y~'~ "l'1'"...C}Z; '1-/0.., , '3 J o~ c./q:... O.<.....,~;r,; ()J 6 Z ') t!eh,)v,'ho",5 _ 10j6cJO t: /-.. I / 1. PURCHASE PRICE: The total purchase price is Gr:'v'r:;~JTY THOU:JA.HD . N 1,1/ 51'1 -r f( 0 t1 5-4 ,,f./(J (Ix f!lf,vORED . Dollars ($70,000.00 '10., bOO ) . '\........ 2 . CONDITION OF TITLE: The title is to be free of all encumbrances or defects except: Rights reserved in federal patents or state deeds, building or use restrictions general to the area, existing easements not inconsistent with purchaser's intended use, and building or zoning regulations or provisions shall not be deemed encumbrances or defects. Encumbrances to be discharged by Sellers may be Raid out of purchas~ money at date of closing. - 3 . TITLE INSURANCE: PM ye, ~hJ <,"10- ,Sellers shall furnish ko Pul.chaser a Washington Land Title Association Standard Form Owner's or Purchaser's Policy of Title Insurance in the amount of the purchase price. ~Qllers a~he~e the Cit'y AttOl:"ney to applY as soon ."l!=; practir.rtl fOJ;-suGh-Utde ,ins1.lrance, ann ."l!=; !=;Qon as reasonably psssiblc, rurchaser ~hall be f.Jlrnished ;). prel ilLlillaI y-cUllUllitmeJT~herefor is Stled-by-band--rtt:te- Cempany_ ( The-Se-:1-l.ers_shall-assume-any-eanceHat-ien-i-ee-o-f-su.cfl commi tm~clLGY.-l The-t-i-tle poUcy-tG--ba-issueEl-shall com:a1~ no RXr.Rptions ot~er~aan-~Gse provided i n-sa44-s:t-a-ndard-f-erm-prus- enr.llmbran_~es-9..I::.-def.ects-nGte~a~--ag-raptr-1-above . If L.i.Lle is-' . REAL ESTATE PURCHASE AND SALE AGREEMENT -1- "-' REPSA2,AGT - Agreement Forms . 7/26/94 Jul-27-98 03:41P RANlItSTRONG-PETERSEN (311f 698-2049 P.02 NWMLS Form No. 21 <<> Copyrighl1991 Residential Purc:lla18 & 5..1.. NOOhwesl MuIUp1e Usllng Semce R,n,.8/91 AlL RIGHTS RESERVED PalJ81 of 3 Peg.. RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT TI-IIS AGREEMENT AFFECTS YOUR LEGAL RIGHTS. YOU ARE ADVISED TO SEEK LEGAL AD~CE" BEFORE SIGNING. Q g \ ~ Date: LL,t~~ G.l."r::> ,19 ~ 1 The Buyer, ;::r A~ r+CA ~ R. \"'6 ~~ t-\ e~L tL agrees 10 buy 2 and Saller agrees to sell, on the lollowing terms, which conslitute Ihe antire understanding ollho partios and supersede all prior or cootemporaneous understandings and 3 representallons.lho propet1y known as , !>?-?{ ~ TT1M ~ ~ A u e; 4 Cllyol ~FM€l't..;:fn~ . ~ ~-A- P County.Washlnglon,Zip<;'~ (L..- legallydoscrlbed 5 )(asallaC/1ed F--astollows: ~OJ,L, t::J...+~~ ODd-€> I Lf 0 () {).3 6 7 (Buyer and Seller authorize Sailing Licensee or Closing Agontto insert or corrocl, over tllelr slgnalUres. the legal description 01 the property.) Except in paragraph 11, 8 the terms .Llstlng Agent. and 'Selllng Ucensee" meen the r8111 e8tate ~mpany. ." 9 1. PURCHASEPRICE.Thepurchasepricels..s\""KTY-IJI/')~n\O\A...~5't-.A)h *^ll\ ~ ,;,,)OL.,-^R-~ -.10 <O~ ~ ($ , t'1 \ D ), Including the earnest money. 11 2. METHOD'OF PAYMENT. ~ €:E.. ~~~~A '"2.-z.A 12 3. FINANCING. Thls oller ~Is lJ Is not conditioned on Buyer oblalnlng a ~ConventlOnal-EfFHA r3...VA purchase loan. (II ills, aUach NWMLS Addendum 13 No.22A.) II !hIs transactlclnln'";"olves Seller llnanclng, then aUach NWMLS Addendum No. 22C (Payment Termf): 14 4. CONTINGENCY. This agreamenl 0 Is ~s not conditioned on Iho sale or Buyer's home. (lilliS, attach NWMLS Addendum No. 22B), NOTE CAREFULLY: II 15 lhe Property Is 6ubJectto a prIOr oller, attach ~MLS Form 39 (Second Buyer's Addendum) or NWMLS Form 38A (.Back-up" Addendum). 16 5, INSPECfION. This Agreement: 17 ~ls lJ is not conditioned on al'l inspection 01 the property and Its ImprovemenlS. (II It is. allach NWMLS Addendum No. 35 or o\her lospectJon Addendum.) 18 The parties acknowledge thatlhe Ustlng Agent and Selling Licensee have no exp8l11se on these mailers. and recommend the above Inspections. 19 vJA RIGHT TO FARM AND RIGHT TO PRACTICE FORESTRY DISCLOSURES (SnOhoml~h Counly Only). The property D Is Q Is not .deslgnated larmland. or 20 r sltualad wllhln 1300 reet 01 .deslgnated larmlend' In Snohomlsh County, WaShington, (II it Is, allach NWMLS Addendum No. 22G or equivalenl.) The property 0 Is 21 lJ Is not'de$lgnated forestland' or sllualed wilhin 300 reel ol.designated lorestland' In Snohomish County, Washington. (If ills, altach NWMLS Addandum No. 22H 22 or equivalent.) 23 6. U11lITlE5. Seller wa,rants thallhe property Is connecled 10 a: ~PUbIiC waler main 0 well "" public sewer main lJ septic lank lJ none 01 \he lo,egolng. 24 6a. PAYMENT OF UNPAID UTlurv CHARGES. Buyer and Seller: a 8.00 NOT WAIVE "fj b. WAIVE lha services of the Closing Agent In dlsbun;;ng closing funds 25 nacessaryto satisfy unpaid utility cllargas anacting Ihe Proper1ypun;uantlo RCW 60.BO. lI.dohot' waive. Is checked. \hen attach NWMLS Form 22K ('Idenllflcatlonor Utllitles. 26 Addandum). II neither box Is checked, then option 'a. applies. 27 7. LEASED RXTURES, THE FOLLOWING FIXTURES ARE LEASED: ~0f\8 0 fumace a gas conversion burner a hot water heater 0 other: _ 28 . Any leased fixtures are Included In the sale andSELLER AGREES TO ACQUIRE TITLE TO THE SAME PRIOR TO CLOSING. 29 C e 8. CLOSING OF SALE. The Closing Agenl shall be " E' or such other closing agent as Buyer shaB designate. 30 II paragraph4above 18 notcondilionedonsale ol8uyer's nome this sale shall be closed on Ui?::!:. ".,.z... ~() .19 G'~ orsoonerbyagreementol the parties. 31 II paragraph 4 above 18 conditioned on sale 01 Buyer's home this sale shall be closed days (10 days II noUllled In) after c1oslf1g the sale 01 Buyer's horne 32 or days (30 iI no' filled in) aller Buyer's waiver of that contingency, or sooner by agreemen' 01 the parties. 33 9, FIRPTA - TAX WITHHOLDING AT CLOSING. The Closing Agel'll Is instructed topreparea certification (NWMLS Addendum No. 22E. or equivalent) lhal Seller is nol a .Iorelgn 34 person. wllhln the meaning 01 the Foreign Investment In Real Properly Tex Act. Seller egrees to sign this cerllllcatloll. If Seller Is a lorelgn person, and this lJ'ansactlon Is 35 not othelWlse exemptlrom FIRPT A, Closing Agenlls Instructed 10 withhold and pay the required amount to 'he Internal Revenue Service. 36 10. POSSESSION. Buyer shall be enlllled to possession }r(,'00 closing D et 9:00 PM on the calendar day aller closing 37 Q . 'Closing' me~;;;"\he date on which all documenls ara recorded aoo \ha sale proceeds are available to SeUer. Seller agrees to 38 maintain lhe property and Included appliances In 'heir presen' condi!lon, normal wear and lear excepted, unlll Buyer Is enlllle to possessio 39 11, AGENCY DISCLOSURE. At the signing 01 this Agreement, the Selling Llcen8ee " ::;tA. 40 represented """- elL 41 The '-Iallng Agent 42 rep",aen'ed 43 llnsert Seller. or bolh Seller end Buyer/ II Semng Llcenseo and Listing Agenl are dlnerent salespersons alfUia'ed with the same Broker, then both Buyer and Seller conlfrm their consenllo that Broker acting as a dual 44 agent. II Selling Utensee and Listing Agent are the same salesperson representing both par1les then both Buyer and Seller conlirm their consenlto that salesperson and hlsf 45 her Broker Bcting as dual agents. Buyer and Seller contirm receipt of the pamphlet entitled 'The Law of Real Estate Agency.. 4B 111. COMMISSION DISCLOSURE. NeltherLlsling Agent nor Sellln9 licensee Is receiving compensation Irom more than one party 10 IhiS lransactlon unlessotherwlsutated 47 on an allacllod addendum, In which case Buyer and Sellar consent to such compensallon. 48 12. INCLUDED ITEMS, Any of \l1e followln\! personal properly locCtled In or on the property Is Included In this salo, buill-In appllanees; kitchen Slaves: wal"'to-wall carpellng; 49 curtains. drapes and all olher window treatmenls: window end door screens; awnings; storm doors and windows: installed television anlennas; venlllallng. air COndlliOOlng, 50 and healing eQulpmenl; wood stoves; !lreplace lnsens, doors, gas logs and ga8 log lighters: IrrlgaUon fixtures end equlpmenl; electrlo garage door openers; water heaters; 51 Inslalled electrlcal f1xtunls; lights ilnd light bulbs; shrubs, plants and trees; hot tubs; and all balhroom and olher IIxtures. 52 13. CONOmON OF nn.e. Unless olherwise specified In \his Agreement, fille to lha plOpOrty sl18Q be mal1lelable at ClosIng. The foUowlrg shall not cause 1he tiGe to be urvnallletable: rIgIJts, 53 f8S8lVations, covenants. conditions and res'~C1lons presently 0/ record am general to the area; easements and encroachments NIt rtany affecting lh9 wlue 01 or unduly InI8rfe!1rg 54 wilt Buyefs reasonable us , and reserved oR and'or ~~ Monetary encumbrances oot assumed Shall ba paid by the SeDer on or before dosing. 55 INITIALS: BUYER BUYER C.>\ .- SELLER SELLER 56 WHITE-Selling ~l GREEN-Eacrow Copy CANARY-Purchestlr'a 20d Copy GOLD-Purc:haaer'818t Copy Jul-27-98 03:42P RANDttSTRONG-PETERSEN (361 698-2049 P.03 NWMLS F""" No. 21 iO Copyrighl1997 Norlhwc'l MI~liple Llsling SerYit>8 Residential purcha.o & Sale ALL RIGHTS RESERVED Rev. 6191 Pallo 2 01 3 Pages RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT (CONTINUED) 14. TITLE INSURANCE. Seller aulhorizes Lender or Closing Agenl, al Seller's e)(p~nse, 10 apply for ~ sl~ndard form buyer's policy of lille insurance, wilh homeowner's 57 ili n I ro cli and innation protection endorsemenls it available al no addItional cost The IllIe I~surance pohcy IS to be or.derod through, 58 tille company, Said company is to sond a copy of Ihe preliminary commllrncnllherefor 10 bolh L1sllng ~genl and Selfing LIcensee. T~e 59 pre minary CO/Tlmllment, and the Iitle policy 10 be issu,ed, shall contai.n no exceptions olher t~an the Ge~eral Exclusio.ns and Exceptions In said standard foon ~nd Special 60 Exceptions wnsisten' with tile Condition of Tille herem provIded, If tllle cannot be made so Insurable prior to the closmg dale, t~en as Buyer"~ sol~ and exclUSive remedy, 61 Ihe earnest money shall, unless Buyer ejects 10 waive such defecls or ~ncumbra~ces, be refunded 10 Ihe Buyer, less any unpaId cosls ~e~cnb~d m para.graph 27 her~of. 62 and this Agreemenhhall thereupon be lerminaled. Buyer shall have no nght to speCIfic performance or damages as a consequence of Seller s lnablllly 10 provide Insurable tllle. 63 15. CONVEYANCING/PERFORMANCE. 64 WARRANTY DEED, Tille shall be conveyed by a Stalutory Warranly Deed. If this Agreement is fOI conveyance of a Buyer"s inlereslln a Real Eslate Contracl. Ihe Statutory 65 Warranty Deed shall Include a Buyer"s assignment of Ihe contract sufOcientto convoy after acquired tille. 66 SECURITY. Iftt,iSAgreemenlis for sale on either a Real Estate Contract or a Nole secured by Dcod of Trusl,lhe parties agree to the FORM(S) A TIACHED HERETO unless 67 an institution providing financing requires dillerent forms. II Real Estalo Contract Form LPB.44 Is allachuu hereto, only 'hose optional dau.es in Ihal form required by tho 68 terms of this Agreement shall apply, 69 UABIUTY FOR PAYMENTS. The holder is enliUed 10 collect paymenls on a Real Estato Conlract or Nole EVEN THOUGH THE BUYER ABANDONS and/of offers to quit 70 claim Ihe property to the holder. 71 PERFORMANCE. Time is of \he essence on this Agreemenl 72 ASSIGNMENT. Buyer may not assign tllis Agreement, or Buyer's righls hereunder, wilhoul Seller's prior wrillen consent, unless provided olherwise herein. 73 , 16. UNDERLYING ENCUMBRANCES. If lhere is Iiln exisling Deed of Trusl, Real Eslale Contract, or olher oncumbranco which is 10 remain unpaid after closing and its terms 74 require the holder's consent to this sale, Buyer agrees to promptly apply for auc;:h consent and this Agrcement is condition9d on it being obLainad. 75 11. CONDITION OF WELL, Sallerwa"ants the privale well (if any) serving the property: (a) provides an adequate supply of household and yard water. meeting Slate Deparlment 76 of Social and Health Services purilY standards; and (ll) continued use of the well is aulhorized by a Stale Walor Righi Certificate or is legally exempt from the requirement 77 or a Certlflcale. 78 18, CONDITION OF SEPTIC SYSTEM, Sellerwarranls lhallhe septic system (if any) serving Ihe property is: (a) 111 good working order and Sellor has no knowledge of any needed 79 rspain;; end (b) is currently not in violalion or any governmenlal, health, conslrucl\on and olher slandards applicable to the property. 80 19. SALE INFORMATION. The Listing Agellt or Sellil1g Licensee is au\horlzed 10 report \his Agreement (including price and all terms) to Ihe Multiple Listing Service thai pu blished 81 it and 10 its members; financing Institulions; appraisers; and anyone else relaled to this sale, Buyer and Seller aulhorize alUenders, closing agents, appraisers, tiLle insural1C9 82 companies, and others relaled to \his sale. to furnish the listing Agent and/or Selling Licensee, on request, any and all information and caples of documents concerning the 83 stalus, progreSS and final disposition of financing, appraisal,c1osing,title condition. and any other mailer concerning Ihis &ale, INCLUDING BUYER'S CREDIT REPORT. (FHA 84 regulations prohibit lenders giving credi' information to anyone on FHA loans,) 85 20, SEATTLE REQUIREMENTS. If the properly is In the City of SeatUe. Seller agrees to comply with the following Seattle ordinances before closing of \his sale: (a) deliver to 86 Buyer a Certificale of land Use and Local Assessments (not applicable 10 single family dwellings nol represenled to be a lawful site for more than one dwelling unit): and 81 (b) U.L. approved smoke delectors are installed. Only in buildings constructed before 1980 may the smoke de lectors be baUery powered. 88 21. CLOSING COSTS AND PRORATION. Seller and Buyer sllall each pay one.hall of escrow fee unless this sale is FHA or VA financed, in which case il shall be paid 89 according 10 FHA or VA regulations. Seller shall pay real eslale excise tax, Taxes for Ihe current year. rent. inleres', and lienable homeowner's association dues shall 90 be proraled as of closing. Buyer agrees to pay Buyer'S loan cosls, Including credit report, appraisal charge and mortgagee's tille insurance, unless provided otherwise 91 in this Agreement If any payments are delinquent on encumbnlRces which will remain after closing, Closing Agen' is instructed to pay them al closing from money due, 92 or 10 be paid by, Seller, Buyer agrees to pay for'remalning oil in fuel tank if, prior lo closing, Soller oblains a wrillen statemenl as lo the quantity and curren' price from 93 the supplier. Seller agrees to pay all utility charges (including un billed charges). Buyer underslands Ihat the Lisling Agenl and Selling Licensee are not responsible for, 94 or 10 insure paymenl of, Seller's utility charges. 95 22. INSULA nON -N EW CONSTRUCTION. If this Is new cons\ruClIon, Federal Trade Commission Regulalionsrequiro Ihe followil1g to be fined in: (If Insulation is nol yel selected, 96 FTC regulations require Seller to furnish Buyer Ihe information below in writing as soon as available,) 97 ~ WALL INSULATION: TYPE: ,.- THICKNESS: R-VALUE: 98 CEILING INSULATION: TYPE: R-VALUE: 99 OTHER INSULATION DATA: 100 &' 23. NOTICES AND COMPUTATION OF TIME. Unless otherwise specified. any nolice required or permitted in, Dr relaled lo, lhis Agreement must be in writing and signed 101 by anyone Buyer or Sellor (including either husband or wire). Seller eppolnts Lioling ^gonl as Seller's agent and Buyer appoints Sellin9 licensee as Buyer's agent to 102 receive notices and all other documenls relating to this transaction thai may be delivered from one party to the other, including bul notlimlted 10 Seller's Real Properly 10J Transfer Disclosure Statemenl(RCW 64.04), condominium resale certificates, land registralions and anyadditionalwrillen notices, responses or communications relating 104 to such documents, The party to whom a notice or any other documenl Is directed shall be deemed lo have received and to have knowledge of the contenls of Ihe nolice 105 or documents upon receipt by or at the office of the party's appOinted agen\. Any time limit applicable to a notice shall commence on the day rollowing receipt of the notice 106 by llle appointed egenl or party, and shall expire at 9:00 PM of the lasl calendar day or the specified period oHime, unless the d<lY is a Saturday, Sunday or legal holiday107 as derined in RCW 1.16.050, ill which evenl the time limit shall expire on the nexl business day. Any specified period 01 five (5) days or less shall include business days 108 only. SELLER AND BUYER MUST KEEP THEIR APPOINTED AGENT ADVISED OF THEIR WHEREABOUTS TO RECEIVE PROMPT NOTIFICATION OF RECEIPT OF tOO A NOTICE. SELLING LICENSEE AND LISTING AGENT HAVE NO RESPONSIBILITY TO ADVISE OF RECEIPT OFA NOTICE BEYOND EITHER PHONING THE PARTY OR 110 CAUSING A COpy OF THE NOTICE TO BE DELIVERED TO THE PARTY'S ADDRESS ON THIS AGREEMENT, 111 24. FACSIMilE TRANSMISSION. Facsimile transmission of any signed original document, and retransmission of any signed facsimile transmission, shall be the same as dolivery 112 of an original. At the request of either party. or the Closing Agent, the parties will confirm lacsimlle transmillcd signalures by signing an original document 113 25. BUYER'S FUNDS TO CLOSE. Buyer represenls Ihat Buyer has sufficient funds 10 close lhis salo in accordance with Ihis Agreement. aM Is not relying on any wnling"nt 114 source of funds or gifts unless expressly sel forth elsewhere in this Agreement 115 26. In addilion 10 any othor Addendums referred 10 in Ihis Agreement, the !ollowin9 Addendums are allached herf!to: o None (( '"22,AI 116 S" 117 118 INITIALS: BUYER SELLER SELLER 119 WHITE-&eUlng Agent'. Co GREEN-Escrow Copy PINK-Seller's Copy GOLD-Purc:h8sst'a '$1 Copy Jul-27-98 03:44P RANDitSTRONG-PETERSEN (36~ 698-2049 P.04 NWMLS Form No. 21 l e ::"I'yri/Jhl 1991 Resldenllal Purthase & Sele Not1hwe.t Molllple Li.ting Service Rev. 6197 ALL RIGHTS RESERVED Page 30'3 PDQe. 0 RESIDENTIAL REAL ESTATE PURCHASE AND SAL,E AGREEMENT I ~ (CONTINUED) i:.> 4'!' ~~ 27. EARNeST MONEY RECEIPT. Selling Licen.eo ac:knowtodges receipt from Buyer of $ ?- J D earnest money. in the form of: a Cash .- payable to a Promissory nole due ,19 _ and payable to ' 121 {J Other to be held: 0 By the Closing Agent 0 hI Soiling Licensee's Broker's pooled trust account (with interest paid to the 122 Washington Housing Fund). Selling Licensee may, however, transfer Ihe earnest money to Ihe Closing Agent. 123 If Ihe earnest money is 10 be held by Selling Licensee and is over $5,000, il shall be deposited 10: 0 Selling Licensee's Broker's poolad !rust account a A separate trusl124 account in Selling licensee's Broker's name, with the interest credited at closing 10 Buyer/Seller (strike one) whose Social Security (or taxpayer to) Number Is: 125 . If this sale faUs 10 close, whoolfer is entitled to the eamest money is entitled to Ihe interest 126 S4Illlng Licensee shall nDt deposit any cheek until Buyer and Seller have signed this Agreement Buyer agrees to pay financing and purchase costs Incurred by Buyer. tr al1127 or part of the e8rnesl money is to be returned to Buyer and any such costs remain unpaid, the Selling licensee may deduct and pay them therefrom, 128 n. DEFAULT AND ATTORNEY'S FEES. In the event Buyer fails, wilhoullogal eKcuse, to complete the purchase 01 the Property, then (check one): 129 a a. ThaI portion of the earnest money which does not excoad fillo porcent (5%1 of the purchase price shall be retained by Seller es liquidated damages (subject to Seller"s 130 obligation 10 pay certain costs and a commission under Section 31 below) and as the solo and exclusive ,eJ1l6dy available \0 Seller lor such failure: or 131 ~ b. Seller may, at Seller's option, (a) keep as liquidated damages all or a portion ollhe earnest money (subject to Selle(s obligation to pay cortaln costs and a commission 132 i';nder SecUon 31 below) as the sole and exclusiveremetlv available 10 Soller for such failure, (b) bring suit against Buyer far Seller's actual damages, (c) bring suit tospeclrlCally 133 enforce this Agreement and recover any incidenlal damages, or (d) pursue any other righls or remedies available at law or equity, 134 If Buyer, Sellar, Listing Agent or Selling Licensee institutes suit concerning this Agreement including, but not limited to claims brought pursuan'to the Washington Consumer 135 Proteclion Act, the prevaUing party Is enUlled tD court costs and a reasonable at1omey's fee. In the event of trial, lhe amount of the allomey's fee shall be fixed by the court. 136 The venue of any tuit shall be the county in which the Properly Is located, 137 If neither of the above boxes is checked, then Option "bO applies. . 138 29. COUNTEROFFERS.!r either party makes a futurll counteroffor, the other party shall have until 9:00 P.M. on the ~day (If not f.lled in, the second day) following its 139 receipt to accept the counteroffer, unless sooner withdrawn. A counteroffer or acceptance Is not ellectlve unlll a signed coPy is received by or at the ofrlce of the other party's 140 agent for the purposes of receiving notices, as prolllded in Seclion 23, If the counteroller is not timely accepled. it shall lapse and the eamest money shall bll refunded to 141 the Buyer. 142 3D. AGREEMEN! TO PUR~ASE AND TIME LIMIT FOR ACCEPTANCE. Buyer offers to purchase the property on the above tenns and oondilions. Seller has unlil9 PM 143 of ~ ~l- , 19 ~ to accepl U'lis offer (if not filled in, the day follolMng lhe Iasl Buyer signature dale below). Acceplance is not effective until 144 a signed copy hereof' clually receillBd by or tthe 0 e of Sing Licensee, If ll1is oller Is not so accepted, hhalllapse and SeBing Licensee shaft refund the eamest me.,- c'9Buyer. 145 BUYER ? l ' DATE 2b "jI)~V 19 '6 146 BUYER DATE ~ Z, 19 961 147 8UYER'SPHONE:HOME ~ 373 - 3'7'15 OFFICE L 148 BUYERS ADORESS ,~ ~..'<; ~ n-~ 1.3 i'U: ~~, t ,~"- ZIP sq~ I L '" SELLING LICENSEE 'RE.I) e:fl ~'t' E,n...A OFFICE No5~~L(l( PHONE 377- CX::>l/0 FAX c,rr=r - D <6"~:3> 150 . ./ (COMPANY) LJ ADDRESS 3:33c::> t\.rr::>t1r:' ~)'l4...... Od..~/Jo1~/Ln:.>AJ, ~ ~'3/ '2- 151 BY L ~ ~~. -lo~ \ PRINTNAME l.A-~~"1,'\Jh b-L-L./~ 152 31. SELl.ER'S ACCEPTANCE AND BROKERAGE AGREEMENT. Seller agrees lo sell the property on the terms and condiUons herein, and further agrees to pay a commission 153 in a tolal amount computed in accordance with the listing agreement. The commission shall be apportioned between Listing Agent and Selling Licensee as specified in the listing, 154 If there'e no written listing agreement, Seller agraes lo pay Selling Licensee a commission of % of sales price o~ ,155 Seller assign Listing Agent and Selling Licensee a portion of the sales proceeds equal to the commission. If earnest money Is retai as liqUidated damages, any costs 156 advanced or milled by Listing Agent or Selling Licensee for Buyer or Seller shall be reimbursed or paid therefrom, and the balance II be divided equally between (1) 157 Seller Bnd (2 9 Agent and Selling Licensee per the commission or Iisling agruement Seller acknowledges receipl of a copy of th eement, signed by both parties. 158 SELLER DATE 19 159 SELLER l',~"E 19 160 PRINT SELLER'S NAMES 161 SELLER'S PHONE: HOME OFFICE 162 SELLER'S ADDRESS "i.iii:lf= ZIP 163 LISTING AGENTS a-AA.I-~ OFFICE NO. qq c9.. (p PHONE (p qt" t I t/ 3 FAX 6 q g ".02 ~ cf. j 164 ~ _ (COMPANY) . ~. '/, I MLS NO. 0., ~ ~O ADDRESS '-J.I V 165 32. MUTUAL ACCEPTANCE, This Agreement is accepted without further chango or counterolfer this _day of ,19 _ ,166 which shall be deemed the dale of mutual acceptance or this A9reemont and all addenda. 167 168 Initials of Buyer/Seller (slrllte one) IniUals of Buyer/Seller (strike one) WHITE-Selling Agenl's Copy GREEN-Escrow Copy CANARY-Purl;haS8r's 2nd Copy PINK-Seller'. Copy GOLD-Purchaser'. 111' Copy J u 1 - 27- 98 03:46P RANDttSTRONG-PETERSEN (36. 698-2049 P.05 NWMLS Fonn No, 22A o Copyrlghll996 Financing Addendum Northwest Mulliple Listing 5enlce Rev, 7/96 ALL RIG~TS RESERVED FINANCING ADDENDUM TO PURCHASE & SAl.E AGREEMENT The following is part of Ihe Purc:hase and Sale Agreement dated ~~ J c...<...- y .19 98" 1 between r,rV ("Seller") 2 and ~ 7)h , P. ~ ~ t:: fl--' ("Buyer") 3 concerning: I ~ '2...56 ~D Tf/V\A"v ) ("the PropertY1. 4 A~ iZ~la..e , S days (5 days if \'101 filled In) after 5 1. DOWN PAYMENTILOAN APPLICATION: Buyer agrees 10 pay $ f d , and to make application ~withll'1 mutual acceptance o/this Agroemant, or a i/lhls Agreement is conditioned on the sale 0/ Buyer's home, wit . days (5 days if nol filled in), after 6 Buyer salisfies or removes thai oontingency. for a loan to pay the balance o/Ihe purchase price, 7 2. FINANCING DEADLINE/SELLER TERMINATION NOTICE: If Buyer has not within 3D days (30 days if not filled in) aller making application for a loan, 8 given notice !hat Buyer has waived this financing condition, Ihen Seller may, at any lima 'hereafter, elect to terminate I/'Iis Agreement by rIVe days notice, If, wilhin 5 days 9 or Seller's notice, Buyer does not waive this f'nancing condition by notice. this Agreemenl shalllerminate. 10 3. EARNEST MONEY: If Buyer has not waived lhis financing condition, and is unable 10 obtain financing aller a good faith eflortlhen. on Buyer's nolice.this Agreement shalt 11 lerminate and the eamesl money shall be refunded to Buyer, 12 .. NOTICE PROCEDURE: .Notice" as used above, means in the manner provldod in the "Notices' clause of the abo~e & Sale Agreeme~ -- 13 5. INSPECTIONS/REPAIRS: ~R--~ tJ~- J . - ~ 14 Inspedlon May Ba Required: Sener underslands Ihal in 0 er for Buyer to obtain rln<lnclng,the lender may require inspocllons ItiiiJding, but not limited 10. goneralsll\lctural, \em1ile, 15 , rJ1:lfi plumbing, roof, eledrlcal. septic tank and well wat ,and may require !he prop~OmPIY with the housing code. Se1leragreeslo permit such inspections. 16 ~ ~ tlon COlt: Seller agrees to pay forinspeclions qulred as part of FHA.orVA, onvenlional financing, 10 the extenl allowed by applicable FHA orVA regulalions. 17 epalrtl Required By Len~"): Buyer's loan is condilioned on repairs 10 lho property or pest control measures, Seller agrees 10 perform Ihe same prior 18 10 closing al1d to pay up to $ 01 the cost thereof, (If this blank is not filled in, t/'le amount is zero,) 19 Repair.. Obligation To Make Whether Or Not Sale Closn; Seiler understands lhal as a result of any inspection, the city or county may raqulr. Seller 20 to make repairs to the p' oper1y to comply with the housing code even If a sale Is not completed. 21 6. APPRAISAL LESS THAN SALE PRICE: 1/ Buyer's lender's appraisal ollhe value ollhe property is lesslhal1 the purchase price, Buyer may, wilhln three days after receipt 22 or a copy 01 lender's appraisal. give notice of Buyer's election lD terminate this Agreemen' unless Seller, within ten days ellBT receipl of such notice, deYvers 10 Selling licensee either: 23 (i) (a) lflhlsAgreemel1t is condilioned on FHA financing. a reappraisal by the same appraisnr il1 al1 amounl not less !han the sale price or (b) if !hIs Agreemenlisconditioned 24 on non-FHA financing, reappraisal by the same appraiser or another appraiser acceptable to the lending illslitutiQn in an emounl not less than the sale price; or 25 (ii) Wrillen consent 10 reduce the selling price to an amount not more than the amount specified in !he appraisal or reappraisal, whichever Is higher. (Not applicable il 26 this Agreementis conditioned on FHA financing. FHA does nolpermit the Buyer to be obligaled 10 buy illhe Seller reduces Ihe sale price to Ihe appraisal value. The 27 Buyer, however, has the option to buy at the reduced price.) 28 If such reappraisal Of consent to reduction of prictI is not so delivered, this Agreement shall terminete and Ihe earnest money shall be returned 10 Buyer. 29 To permit the parties the fore!lOlng times for notices, \he closing date shall be extended accordingly. 30 1. SPECIAL FHANA PROVISIONS: 31 FHA LOAN COSTS: IF THIS SALE IS CONDITIONED ON BUYER OBTAINING AN FHA LOAN, SELLER AGREES TO PAY: 32 (A) SUCH PORTION OF BUYER'S LOAN COSTS AS BUYER IS PROHIBITED FROM PAYING PURSl:!ANT TO APPLICABLE FHA REGULATIONS; AND 33 (B~~"Io OF BUYER'S LOAN AMOUNT OR [] S TO BE APPLIED TOWARD BUYER'S LOAN DISCOUNT 34 (IF ) AT THE INTEREST RATE SELECTED BY THE BUYER OR TO OTHER SETTLEMENT COSTS AS ALLOWED BY FHA. 35 VA LOAN COSTS: IF THIS SALE IS CONDITIONED ON BUYER OBTAINING A VA LOAN, SELLER AGREES TO PAY: 36 (A) THE FULL ESCROW FEE FOR THE ENTIRE TRANSACTION: 37 (B) SUCH PORTION OF BUYER'S LOAN COSTS AS BUYER IS PROHIBITED FROM PAYING PURSUANT TO APPLICABLE VA REGULATIONS: AND 38 (~'Y. OF BUYER'S LOAN AMOUNT OR [] $ TO BE APPLIED TOWARD BUYER'S LOAN DISCOUNT, 39 LO N E,INTEREST BUY DOWN AND/OR FINANCING ANO CLOSING COSTS TO THE EXTENT THAT IT IS ALLOWABLE BY VA REGULA nONS ANO 40 BUYER'S LOAN AMOUNT IS NOT THEREBY REDUCED. 41 FHANA.AppraJaal Certificate: If !his Agreement is conditionod on Buyer obtaining FHA orVA financing, il is expressly agreed Ihalnotwilhslanding any other provisions 42 01 this Agreement, Buyer shall not be obligated to complete !he purchase of the property unless Buyer has been given in actordance with HUD/FHA or VA requlremenb 43 II wrlUen statemenl by FHA, VA, or a Direcl Endorsemenllal1der, selling lorth the eppraised value of the property (excluding dosing oosl5), Buyer shall pay the costs of 44 any apprai$lll. If the appraised value of the property is less than the purchase price, Paragraph 6 above shall apply. If Seller does not reduce the sale price 10 the appraised 45 or reappraised value, or deliver a reappraisal at or exceeding !he sale price, !he Buyer shall have have the privelege and option 0/ proceeding with the consummation of 46 this Agreement without regard to the appraised value, provided the difference in eKCeSS ollhe appraised value is paid in cBsh, 47 Purpo.. of Appralnl: The appraised valuation is arrived at only to determine the maximum mortgage FHA or VA will Insure. Neither FHA nor VA warrant 48 the value or the condition of Ihe property, The Buyer should satls/y himself/herulf thatlhe prico and condition of tho property are acceptable. 49 "Importanlle of Home In8pectlon&" Notice for FHA Loans: FHA requires Ihe Buyer to sign NW 50 Notice) (Rev, date 1/97 or laler) on or before lhe dale the Buyer execulas any purchase and sal 51 COllslrucllon. 52 Initials: BUYER: Date: t/?-6-CY~ SELLER: Date: 53 BUYER:- Date: ~.. /'l~ SELLER: Date: 54 I WHITE-Selllnq Aqenl's Copy GREEN-Escrow Copy CANARY-Purchaser's 2nd Copy PINK-Sellor's Copy GOlD-Purc:haser'lI1s' Copy Jul.-27-98 03:48P RAND.STRONG-PETERSEN (361698-2049 P.06 JLS Fonn No. 029-1 ~~~ Revised 9195 ADDENDUM TO PURCHASE AND SALE AGREEMENT The following tenns 1nd COndU are part of W! PU~ ~~ Sale 1treement rAoreement"] dated '1 cQ(p ,1 'tl.:;;;en . rjfj{J :.un.;..r ,ry1...-' rSeller1 and I r, \L I (J ' rPurchaser"]: I 1. Purchasers to present to Seller written evidence of pre--qualification. including Lender's review of Purchaser's credit report, with-in five days of mutual acceptance of this Agreement. The Purchaser's Lender to disclose all fees required to be paid by the Seller with this report of pre-qualification. In the event that the pre-qualification and lender required fees are unsatisfactory to Seller, then Seller may elect to terminate this Agreement, in which event earnest money shall be returned to Purchasers. 2. If, in the opinion of Lender, credit report and/or purchaser's qualification is unsatisfactory, then Seller may elect to terminate this Agreement, in which event earnest money shall be returned to I-'urchasers. 3. Purchaser's hereby authorize Lender to release any and all of the above information to the listing agent. 4. The Purchasers agree to use a LAP approved/direct endorsement lender if this transaction is FHA or VA. 5. If this transaction is an assumption, Purchaser agrees to reimburse Seller at closing for the reserve account balance, 6. If this is a Short Sale or VA Compromise Sale, this offer is subject to the Seller's Lender and VA approval. 7. rUL~~~~-c.hd'7ufv~ ~~ ~ ~'. r.vt:;j^1UAV ~ r:; ~ MflUVJ If;JL k 1a-uL ~ +0 J2J.?~ t.5()tt!iI"~ ~ ~akw (~~ o JA f ~-1;~ ~ .~ ~ h...L 1J!J-tIUtL '1t: WU-/ FU~ ~ ft1~ \.Hu.-- ~ J-'!A ~ ~"'-' ~. ~~~h\- ~~~~~~ ,h1~ L}\.-''fctL -fI~Cl)l)d ~ . Purchaser I Date Seller t I \ Date Some John L Scott Oltices are Independently owned and operated. Jul-27-98 03:49P RANDitSTRONG-PETERSEN (360) 698-2049 P.07 e NWMLS Form No, ~2D o Copyrighl1996 Opl;,,".1 Clause I\ddendum NorlhWtl.\ Mulllple Lialln9 S'N\ce Rev. 12/91 ALL RIGHTS RESERVED OPTIONAL CLAUSES ADDENDUM TO PURCHASE AND SALE AGREEMENT The following is part of the Purchase and Sale Agreement dated '""2 (, .J <-^-~ ,199V 1 between C-, I .., r (' SelleI'") 2 and tf~~"D~-{ ff:,~ ("Buyer1 3 concerning: 1 L 7{ rvtrt AJ ("the Property.), 4 CHECK IF INCLUDED: 5 ~ SQUARE FOOT AGE/l.OT SIZE/ENCROACHMENTS. The lisling and selling agents make no representations concemlng: (a) Ill. lot size or the accuracy of any informatlon 6 p,ovid.d by the Seller; (b) the square lootage of any improvemenls on Ihe property; (e) whether lhele are any encroachments (fences, rockeries, buildings) on the property, 7 or by the property on adjacent properties, Buyel is advised 10 verify lot size, square foolage and encroachmenls 10 Buyer's OWn salisfac\ion, prior to closing. 8 0 EXTENDED COVERAGE TITLE INSURANCE. Nolwithstanding the "Ti\le Insurance" clause in this Agreement, lender or closing agenlls direcled 10, al Seller's expense, 9 apply for an AL T A or comparable exlended coverage policy of tille insurance, rather Ihan Ihe standard fDrm Buyer's policy referred tu therein. , 10 '1 PROPERTY AND GROUNDS MAINTAINED. Until pOss9$sion is transferred to Buyer, Seller agrees to mainlain Iheproperty In the same condition as when IniliaDy viewed 11 by Buyer, The term .Properly. includes Ihe building(s); grounds; plumbing, heat, electrical and olher systems; and all included appliances, Should an appliance or syslem 12 become inoperative tlr malfunction prior to Iransfer of possessltln. Seller agrees to either ropalr. or replacelhe same with an appliance or system of at least equal quality. 13 prior to closing, Buyer reserves the right 10 reinspect the properly wilhin five days prior to transfer of possession, to verify the foregoing, Buyer and Salle' ufldersland and 14 agree thallbo lis ling and selling agent shall nol. under any circumstances, be liable for the foregoing or Seller's breach of this clause. 15 ~ ITEMS LEFT BY SELLER. Any personal property. fixlures or other items remaining on the property when possession is Uansferred to Buyer shalllhereupon be 16 properly of the Buyer, and may be retained tlr disposed of as Buyer delermi" However. Seller agrees 10 clean the Interiors of any slruclures and remove alltra 17 and rubbish prior 10 Buyer taking ptlssession, ~ I At.: ~ 18 ~ _ O~ - . 1- 19 !) ~"fl<lWS To CAR,(JbIK f:<o."f - /)""I><.I\<'oe ~",Al~ /Wb ~ 20 'R CP= .<!-<c:;~ 'i\:) fi-o>f'EIL. -oi. 1'Yltl-A.lA G.E: II<- n'Yi/ \ '2-1 ";<EPlf\e...~ t>b.e.:>'FJiI,M,ff~)'-'-"€ 7'b 'b€~ "''\)11 ~ ~ p,a. 23 Q..p\e.. Pu.l2.:i Cs;:y.~'Z-{b4- 1(':>~.iL9=>") i- Ic~J, dG~f ~.II ~ 24 2>) 1) -crJ'-, "p.,A- ;L~ ~ s'u.pp-ott.i R€Qv..l ites.- STi4 ~((...I-uJ -;-lOA) 25 26 y) K ()CII~ SiNIc... (CA-tt..s:.. - N~"5 }":2~Prl, R$ _ 27 S') FfLc.'\J'i t.l) II\)'btlv...) 0-~ - ~tPbJ2.~":J -;-0 p~OP- rt.4C-~f- 28 NCVe;L !<-~- 29 fV\ ' ~ R~ f).EA~C'?) TO fk~ P1-1f:,M/ A-Nt> 30 ~ 31 ~~~ AJ~ I )J D'I p/J("/lr?) J IAJC-L..Uj)/A.;r, 0(.- i} . e/lli'kr /4.l ~e~6>>-r 32 W (~ ~m.cc-'C' e>"){ ;>~~ '1 a (..(;zAJGf) {!TJ~ ~~7!lr;as. 33 34 T"25'D 'Vdbv (/e:'7> 1i> tL4'}11~ '?O 6e l.~l/ 11;::0 35 -= AlCr- cr J.dJ,1.d- -h> fL4 Ii ~ af- (:./~{flj' 36 Mg~/ //10 '. 37 ) "5 - -... fi/U)v'~ Col"l1 ~r iJe$< ~ M".w;c I~r-J 38 "5 E:.-Ad- 10 ~ I~ 'flu guwhitJo lJf nyvn.#=.35 39 to u~(!~r:< . f/V. 40 '7) '5~-<-<.e;t... Ie:> ~ "5/b o;,t.c,.f-;J ~"r oP ~.vu=nCV'k- lcl'!AJ JI 41 r""'- e~~,U-Ob~') ~,v~-, JI' 42 43 In.,als: BUYER: _ ._ ., _, Dale: 1.J.(, - ! (, SELLER: ~ Dale: BUYER: _ Date: 7 -2C:, . '18 SELLER: Date: 44 WHITE-Broker', Copy r,AFEN-Escrow Capy CAN^RY-Pu'ch,,~..~~ 2nd Copy PINK-SeU,,". COl'Y (;OlD-Purc"nser'~ t~1 COPv Jul-27-98 03:50P RANDttSTRONG-PETERSEN (36~ 698-2049 P.08 ------ NWMLS Form No. 35 INSPECTION ADDENDUM TO OCo~9hll~7 . ::,-,%';"AcklendUlllloP &S PURCHASE & SALE AGREEMENT NO:'t~J~~r:~;:'~~ Page 'oU The following Is part of the Purchase and Sale Agreement dated '" lA.-L-'1 2 <- ,19 <r ~ 1 between C f rV ("Seller") 2 and ~-AJb.tlF-,r ~~~~ l"B"Y8'1 3 concerning: t ~2....<1S' C-o r ...~ ("Ihe Property"). 4 . , , 'f/1I-- J..lUrL/.::m~L~ir~.PVi!, V 1. INSPECTION CONTINGENCY. The above Agreement is conditioned on Buyer's personal approval ot.a"\vritten Inspecdon of t~ Property and Ihe 5 ("J improvements on the Property. Buyer's inspection may indude, al Buyer's option. the structural. mechanical and general condiUon of the 6 Improvements 10 the Property. an inspection of the Property for hazardous materials. a pest inspection, and a soils/stability '.nspeclion. 7 aller the or any improve the Property wi r5t obtaining Sell Isslon. Buyer ely res . Bfor inl~and ~ s ng all inspectors. s all restore the p~ nd all improvem e Property 10 th e conditi ey were in priorl6"'ihe Ins;w6Hon. 10 ' If. When Ihe terms and conditions of 11 this Inspection Addendum have been satisfied. then this Addendum shall be deleted from and no longer a part of the Agreement. , 12 Buyer waives the right to receive an amended Real Property Transfer Disdosure Statement pursuant to RCW 64.06 based on conditions identified in any 13 Inspection or Inspection report(s). 14 NEIGHBORHOOO REVI . Buyer's inspecU udes Buyer's verlfl~lI In BUyer's sole discret" n that the condition the neighborhood in 15 which the Property i ted are consi with Buyer's intended the Property (the" borhood Revie e Neighborhood Re 16 Includes Buya vestigation of ools. proximity to bus . availability of shop' . flic patterns, no' ,parking and Investigat" other 17 neighbo d. environme nd safety conditions the er may determine to evantln decidin rchase the Propert er does not 18 giv otice of dlsap al of the Neighborhood . w within d days if not filled in mutual acceptance Agreement then thili 19 eighborhood ew condition shall con ely be deemed salls waived). 20 011 Storage Tanks. Any inspection regarding oil storage tanks shall be limited solely to determining the presence or non-presence of oil storage 21 tanks on the Property, unless otherwise agreed to In writing by Buyer and Seller. 22 PltCk option 1 a or 1b to determine the course of action following Inspection): 23 . Automatic Waiver If Buyer Does Not Disapprove Inspection. This inspection conting~ SHALL CONCLUSIVELY BE DEEMED 24 ATISFIED (WAIVED) unless Buyer gives notice of disapproval of the inspection within ~ days (10 days if not filled in) after mutual 25 acceptance of this Agreement. Buyer may disapprove the inspection for any reason In Buyer's sole discretion. If Buyer gives a timely notice 26 of disapproval, then this Agreement shall terminate and the earnest money shall be refunded to Buyer. 27 REQUESTS FOR MODIFICATION. If Option 1 a applies. Buyer and Seller agree that any discussion, notice of defects and/or request to repair which 28 does not expressly terminate the Agreementls a request for modification only and shall not affect Buyer's right to waive or remove the Inspection 29 Contingency and close the transaction In accordance with the terms of this Agreement. Requests for modification do not eliminate the need for Buyer 3D to give an explicit notice of disapproval to terminate this Agreement. 31 ~ ~ )\1b' Seller's Opportunity to Repair If Buyer Does Not Approve of Inspection. 33 "(I) Buyer's Notice of Olsapproval. 34 this inspection contingency SHALL CONCLUSIVELY BE DEEMED SATISFIED (WAIVED) unless Buyer gives notice of disapproval within 35 I_days (10 days if not filled In) of mutual acceptance of this Agreement. 36 /' The notice of disapproval must (1) Identify the conditions to which the Buyer objects and (2) be accompanied by a copy of the porlion(s) of 37 ~ a written Inspection report tha~ Identifies the condidons to which the Buyer objects. 38 (II) Seller's NotIce of Ropalr/Agreement on Alternative Remedle.. If Buyer disapproves the inspection report then Seller shall have 39 ~ days (3 days if not filled in) after receipt of Buyer's disapproval notice to give nolice that Seller will correct the conditions identified in Buyer's 40 notice. including but not limited to removal or, at Seller's option. decommissioning of any oil storage tanks. If Seller agrees to correct the 41 condition(s) identified by Buyer, then it shall be accomplished at Seller's expense in a commerdally reasonable manner prior to the closing 42 date. In the case of hazardous materials, .Correction" means removal or treatment, (including but not limited to removal or, at Sellel's 43 option, decommissioning of any 011 storage tanks) of ttle hazardous material at Seller's elCpense as recommended by and under the direction 44 of a licensed hazardous material engineer or other expert selected by Seller. 45 In lieu of repair by Seller, the parties may mutually agree on any other remedy for the disapproved condjUons, including but not limited to 46 cash payments from Seller to Buyer or adjustments in lhe purchase price. If such an agreement on non-repair remedies is secured In writing 47 before the expiration of the time period set forth in this paragraph 1 b(ii). then this Inspection Contingency will be deemed satisfied. 48 *(111) Seller Will Not Repair/No Agreement for Alternative Remedies. If the Seller does not give notice that lI'1e Seller will correct the 49 condition(s) identified by Buyer or if the parties have not secured a written agreement on non-repair remedies. then Buyer may elect to give 50 notice of termination of this Agreement within days (3 days if not filled In) after expiration of the time limit In paragraph 1b(i1} 51 or delivery of Seller's notice pursuant to paragraph 1 b(ii), whichever first occurs. The earnest money shall then be relurnlld to the Buyer and 52 the parties shall have no further obligations to each other. Requests fO( modification or Buyer's .condltional approval" of the inspectlon 53 report do not eliminate the need for Buyer 10 give an explicit notice of disapproval to termlnale this Agreement. 54 (Iv) Relnspectlon by Buyer. Seller's corrections are subject to reinspection and approval. prior to closing, by the inspector who prepared 55 B (, n'p.dloo "port. If B"Y" 01 , 10 "dO' and pay'''' "'''' "...~n. .~ "1 _ U G (/ ,. SELLER Date 19 BUYER Date 1 19 -r 0 57 - " - SELLER Dale 19 _ BUYER ~ - ' Datel..2' 19? d 58 WHITE-Selling Agent's COpy GREEN-Escrow COllV CANARV-F'lIr.,h"....'. '..If r.nnu I'IM!("_C..II..... ,......" ",,.,, n "....~_...... ,.. "'__._ JUl-27-98 03:52P RANDI STRONG-PETERSEN (360) 698-2049 P_09 ~ ..:....: .~:: .~~: .:::: ;~\-:'.. e e . ~~ ;. ",,:-. : "J NWMLS Form No. 35 INSPECTION ADDENDUM TO PURCHASE & SALE AGREEMENT (> Cop)'righ11997 Inapeetlon Addendum to P , s (CONTINUED) Nor1hwell MlAUp1e Ll$lIng S8lVlce Rev. 11t7 ALL RIGHTS RESERVED PIII.'2 of 2 , , : "ATTENTION BUYER. You ehould c:arefully note parngraphe 1b(l) and 1b(lII) on the prevloua page. Unless you givelhose nollcos, you will be raqulred to purchase the S9 I property without the Sell.r having corrected the conditions noled In the wrlllen Inspection report and without any alternative I'lImedy for those conditions. 60 ,l:l 2. WAIVER OF INSPECTION. Buyer has been advised to obtain a professional building, haz.ardous substances, pest or soils/stability inspection, and 61 i to condition the closing of this transaction on the results of such Inspection(s), but Buyer elects to waive the right and buy the Property in its present 62 , condition. Buyer acknowledges that the decision to waive Buyer's inspection options was based on Buyer's personal inspection and Buyer has not 63 i relied on representations by Seller, Listing Agent or Selling Ucensee. 64 '03. BUYER PURCHASES RAS IS"/SElLER'S DISCLAIMER OF WARRANTIES. Buyer elecls to purchase the property "AS IS." Buyer acknowledges 65 I that the declsion to purchase "AS IS" was based on, Buyer's personal inspection and Buyer has not relied on any representations by Seller, Ustlng 66 Agent or Selling Licensee. Seller explicitly disclaims and deletes from the Agreement any warranties and representations relating to tile 67 \ physical condition of the Property aet forth elsewhere In the Agreement, Including but not limited to any and all warranties and 68 representations relatlng to utilities, (NWMLS Form 21 and 23, paragraph 6; Form 25, paragraph 7), the septic system (NWMLS Form 21 and 23, 69 paragraph 18; Form 25, paragraph 17) and the well, (NWMLS Form 21 and 23, paragraph 17; Form 25, paragraph 16). 70 : \4, NOTICES: 71 , ! (FOR BUYER'S USE IF 'AUTOMATIC WAIVER' OPTION 1a APPLIES) 72 I Check as appropriate: 73 Buyer's Inspection of the Property is: o approved. 74 o disapproved and the Agreement is terminated. The earnest money is to be returned to the Buyer. 75 BUYERS Date: 19 76 (FOR BUYER'S USE IF 'SELLER REPAIR" OPTION 1b APPLIES) 77 Check as appropriate: 78 :, 0 Buyer's Inspection is: 0 approved l:l disapproved. 79 ; \ BUYERS Date: 19 80 - NOTE: If "disapprovedR is checked: (1) a copy of the portions of a written Inspection report must be attached to this Notice; and (2) 81 Buyer must identify the property conditions in the inspection report to which Buyer objects. Failure to meet these two requirements 82 means that Buyer has not complied wllh the Agreement and: (1) This Notice Is Ineffective (void): and (2) Buyer shall be deemed 83 ~o have approved the Inspection. 84 (FO~ SELLER'S USE IF 'SELLER'S REPAIR' OPTION 1b APPLIES AND BUYER HAS DISAPPROVED ANY CONDITION(S)) 85 Seller gives NOTICE that: 86 9 Seller will nol correct (repair) the conditions Buyer has objected to. 87 o Seller will correct (repair) the condiUons Buyer has objected to as follows: 88 o All l:l The following: 89 90 91 SELLERS Date: 19 92 (FOR BUYER'S USE IF (1) SELLER Will NOT CORRECT (REPAIR) ALL CONDITIONS IN THE INSPECTION REPORT OBJECTED TO BY 93 BUYER OR (2) IF SELLER AND BUYER HAVE NOT AGREED ON AN ALTERNATIVE REMEDY) 94 Buyer gives NOTICE that: 95 l:l The Agreement is terminated. The earnest money is to be returned to the Buyer. 96 o Buyer waive. (withdraws) Buyer's objections to the comlition(s). Buyer understands Seller will not correct (repair). Buyer agrees to ClOS9 97 this sale in acco ce with the Agreement's remainIng terms. ' 98 BUYERS Date: 19 99 SELLER Date 19 _ BUYER ~ Date }-Zc 197f 100 SELLER Date 19 _ BUYER. ~ ~ Date 1f=.- 19.1Z 101 I WHITE-Selllna AOl!lnt'" Cony ~RFFN-F'IC"!rnw ~nnv" f"":AI\I^I=lV. P"r,........"..'.. "'"t'I t""",., "1"""( ~",II.....'_ ,.._...... ~nl n n...._&..___..._ ._.. "'__u Jul-28-98 01:51P RAND~STRONG-PETERSEN (36.698-2049 P.02 . \ NWMLS Form NO, 21 o Copyright 1997 Resldenllal Purch... & Sale Northw..t Mullipl" U.lIng Se<viee Rev. 6I\l7 ALL RIGHTS RESERVED ?age 1 of 3 ?g.. RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT THIS AGREEMENT AFFECTS YOUR LEGAL RIGHTS. YOU ARE ADVISEO TO SEEK LEGAL ADVICE BEFORE SIGNING. ,19~ Dale: , C-(P 1 M~ t-\0~L Ct\-IQ-EtL '-ta. i ...., Tl10 Buyer, ~A~ ;.teA.. ~ R \ 'f.. agreo& 10 buy 2 and Seller agrees to sell, on the lol/owing terms, which consUMe Ihs entire understanding ollhe parties aml supersede all poor or contemporaneous understandings and 3 rspresenlallons, Ihe property known as I ~ "2- CC( <?o TT1'v"\ ~ ,~ A I) er 4 City of ~FM~~N , j<( \~4 (J Coun1y, Washington, Zip 9~ tL legally described 5 )(as attached ~as follows: ---r OJ,(. I t;). + L4S 4Ii 0 D d. D I 'f 0" () .3 6 7 (Buyer and Seller authorize Selling Licensee or Closing Agenllo Insert or corroct. over Iheir signatures. the legal descnpllon ot the property.) Except in paragraph 11, 6 tile lerms "Listing Agent" and 'Selling Llcensea' mean the real eslata company. 6DLLI\IL~ 9 ,. PURCHASE PRICE. The purchase price Is .5 \""'KTY- D I ~~ -rt\au...'br\-.-Gb ~ }'1. .~ -, 10 ($ Co,\ C") \ D ~}, Including the earnest monoy. , 11 2. METHOD OF PAYMENT. ~€-E- ~~~tA 7------zA 12 3. FINANCING. This offer ~s 0 IS not conditioned on Buyer obtaining a ~Conventional-EfFHA t-VA purchase loan, (lilt Is, attach NWMLS Addendum 13 No.22A.) II this transactl n InvolvIis Seller financing, Ihen attach NWMLS Addendum No. 220 (Payment Tenn ,. 14 4. CONTINGENCY. This agreement D Is ~s not conditioned on the sale of 8uyer's home. (lilt Is, attach NWMLS Addendum No. 22B). NOTE CAREFULLY: II 15 Ihe Property Is subject 10 a prior offer. attach WMLS Form 39 (Second Buyer's Addendum) or NWMLS Form 38A ('Back.up' Addendum). 15 5. INSPECTION. ThiS Agreement: 17 ~IS a Is not conditioned on an Inspecllon of the property and ils improvemenls, (llll is, aUach NWMLS Addendum No. 35 or other Inspecllon Addendum.) 18 The parties acknowledge thaI the L1sllng Agenl and Selling Licensee have no eKpertlse on these malters, and recommend the above Inspecllons. 19 vJ,~ ",."" TO FARM AND "'."" TOORACT,CEF""""",, D~CLO'URE' ('~hFm"h CF""" 0.',). Th. prop.", 0., 0" '" .,...."'",,,,,"',"'. ~ 2() siluated wilhln 1300 teet 01 'designated farmland' in Snohomlsh County, Washington. (If Ills, ettach NWMLS Addendum No. 22G or equivalent) The property D IS 21 o is ~otl'de~fgnafed forest land" or sltualed within 300 reel or 'designated rorestland'ln Snohomlsh County. Washinglon. (It Ills, allach NWMLS Addendum No. 22H 22 or equ va enl. 23 6. UTILITIES. Seller warrants thatlhe property Is connected to a: ~PUbliC water main D well 'Jill. pubtic sewer main D sepllc tank D none 01 the foregoing. 24 68. PAYMENT OF UNPAID UTILITY CHARGES. Buyer and Seller: a 8. DO NOT WAIVE o!: b. WAIVE the servicas 01 the Closing Agent In dIsbursing closing funds 25 necessary to satisfy unpaid utility charges affecting the Properly pursuant 10 RCW 60.80. H'd ot walve'ls checked, Ihen al1ach NWMLS Form 22K ('ldentifica110n 01 UtilitIes' 26 Addendum). If ne~her bOK is checkecl, then oplion 'a" applies. 27 7. LEASEll FIXTURES. THE FOLLOWING FIXTURES ARE LEASED: ~one 0 furnace 0 gas conversion burner 0 hot waler heater 0 olher:_ 28 . Any leased fixture& are Included in tha sale and SELLER AGREES TO ACQUIRE TITLETO THE SAME PRIORTO CLOSING. 29 8. CLOSING OF SALE. The Closing Agent shall be C ct ~e~ , or such olherclosing agent as Buyer sllall designate. 30 If paragraph 4 above Ie not conditioned on sale 01 Buyer's home thIs sale shall be closed on .7Z- 30 ,19S'~ orsoonerbyagreementorlhepartles. 31 If paragraph 4 above Is conditioned on sale of Buyer's home this sale shall be closed days (10 days II nolfllled In) aller closing the sale otBuyer's home 32 or days (30 If nollil/ed In) aile I Buyer's waiver 01 that contingency, or soonor by agreement of the parties. 33 9. FIRPTA" TAX WITHHOLDING AT CLOSING. The Closing Agent Is instructed to prepare a certirlcation (NWMLSAddendum No. 22E, or equivalent) thalSellerls not a 'foreign 34 person' within Ihe meenlng 01 the Foreign Investm",nt In Real Property Tax Act Seller agrees to sign this certification, If Seller Is a foreign person, and 1his transacllon Is 3S not otherwlsa exempt from FIRPT A, Closing Agent Is Instructed 10 withhold and pay the required amount 10 the Internal Revenue Service. 36 10. POSSESSION. Buyer shall be entitled to possession ~on closing 0 al 9:00 PM on the calendar day aller clOSing 37 D . 'Closlng' me ns the date on which all documen1s are recorded and the sale proceeds are available to Seller. Seller agrees to 38 maintain Ihe property and Included appliances In their prasent condition, normal wear and lear excepted, untIl Buyer Is entille . to possessio 39 11. AGENCY DISCLOSURE. At the signing of this Agreement. tho Selling Llcansoe " 40 repreunted 41 er) The LiSting Agent 42 repreaented (Insert Selle'. or bel/) Seller and Boyerl 43 II Selling L1censae and Listing Agel'll are dlllerent salespersons amliated wilh Ihe same Broker, then bOlh8uyer and Seller confirm Ihelr consent to Ihal Sroker actlng as a dual 44 agenl. II Selling Licensee and Us(ing Aglilnt are the same salasperso n representing both parties then both Buyer and Seller confirm their consent to Ihal salesperSOll and his! 45 her Broker acting as du al agents. Buyer and Seller confirm receipt of the pamphiel entitled 'The Law 01 Real Estate Agency,' 46 11 B. COMMISSION DISCLOSURE. NeitharLlsllng Agent nor Selling Licensee Is receiving compensation Irom more than one party to lhls transaction un1essotherwlse stated 47 on an allached addendum, In which case Buyer and Sellar consanlto such compensation, 48 12. INCLUDED ITEMS. Any of the following personal property located In or on tha property Is Included In Ihls sale: built. In appliances: kilchen stoves; wall-Io-wall carpeting; 49 curtains. drapes and all othar window treatmants; window and door screens; awnings; slorm doors and windows; installed lelevlslon antennas; ventilating, air oondltiOl\ing. 50 and heating equipment; wood stoves; fireplace Inserts. doors. gas logs and gas log lighters; Irrigation /Ixtures and equipment; electric garage door openers; waler heaters; 51 inStalled elactricaltlXlurBS; lights and Ilgm OUIM: shrubS. Plants and lrees: hot IUbs; and all bathroom and other fixtUres, 52 13. CONOmoN OFnn.E. Unless olhelWise specUied in tI1is Agreement, Iilte 10 tha proporty shall be mar1lolable at closing. The followl shall not cause !he tiUe 10 be unmarketable: rlghts, 53 reservations, covenants, conditions and restrictions presantly 01 record and general to the area; easements and enc~c Is rially altacling the value of or unduly Inlerferlng 54 with Buyer's reasonable us ,and reserved oil andior mi~hls. Moneta/y encumbrances not a \ Shall be paId by l/1e Seller on or before dosing, 55 INITiAlS: BUYER BUYER C'>:' ife SELLER SELLER 56 WHITE-5elllng ,.~ GREEN-Escrow Copy CANARY-Purchase,'s 2nd Copy GOlD-Purchase"'s lsl Copy J~1-28-98 01:52P RAND~STRoNG-PETERSEN (36~698-2049 P.03 NWMLS Form No. 21 e Copyrighl1997 RIlSidenlial Purcha"" & Sale Northwost Mull/pIe Lisllng $erviCtJ Rev. 6/97 ALL RIGHTS RESERVEO Page 2 or 3 Pages RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT (CONTINUED) 14. TITLE INSURANCE. Seller aulhorizes Lender or Closing Agent, at Seller's expense, 10 apply for a standard form buyer's poliCY of title insurance. wilh homeowner's 57 ~~n~ and innalion protection endorsements if available at no additional cost. The Litle insur:mco policy is to be ordered through _ 58 ~ tille company. Said company is 10 send a copy of the preliminary commitment therefor 10 both listing Agent and Selling licensee. The 59 preliminary commitment, and the tille policy to be issued, shall contain no exceplions other Ihan Ihe Genoral Exclusions and Exceptions in said standard form and Special 60 Excepfions consislent with the Condilion ofTit/a herein provided. If/ille cannot be made so insurable priorto the closing dale, then as Buyer's sole and oxclusiveremedy, 61 the sarnest money shall. unless Buyer elects to waive such defects or encumbrances, be refunded to the Buyer, less any unpaid costs described il'! paragraph 27 hereof, 62 and this Agreement shall thereupon be terminated, Buyer shall have no right to specific performance or damages as a consequence of Seller's inability 10 provide insurable litle, 63 15, CONVeYANCING/PERFORMANCE. 64 WARRANTY DEED. Title shall be conveyed by a $latutory Warranly Deed, If this Agreement is for conveyance or a Buyer's interesli'1 a Real Esfate Contracf, Ihe Statutory 65 Warranty Deed shall include a Buyer's assignment of the contract sufficient to convey after acquired tille. 66 SECURITY, IfthisAgreement is fur sale on either a Real Estate Contract or a Note secured by Deed ofTrust, the parties agree to the FORM(S) ATTACHED HERETO unless 67 en i!\Slitution providing financing requires different forms. If Real Estale Conlract Form LPO.44 is allached herelo, only thoso optional clauses in thai form required by the 68 terms of Ihis Agreement shall apply. 69 LIABILITY FOR PAYMENTS, The holder is entitled to collect payments on a Real Estate Contracl or Note EVEN THOUGH THE BUYER ABANDONS and/or offers to quit 70 claim the property to the holder. 71 PERFORMANCE, Time is of the essence on this Agreement 72 ASSIGNMENT, Buyer may not assign this Agreemont, or Buyer's rights hereunder, withoul Seller's prior written consent, unless provided otherwise herein. 73 16. UNDERLYING ENCUMBRANCES. If Ihere is an existing Deed of 'Trust, Real Estate Contract, or other oncumbrance which is to remain unpaid after closing and its terms 74 require Ihe holder's consent to this 5alo, Buyer agroes to promptly apply for such consent and Ihls Agreement is conditionod on it being obtained. 75 17, CONDITION OF WELL, SeUerWarrants the private woll (if any) sorving the property: (a) provides an adequate supply of household and yard water, meeting State Department 76 of Social and Health Services purity slandards; and (b) continued use of the well is authorized by a State Waler Right Certificate or is legally exempt from the requirement 77 of a Certificate. 78 18. CONDITION OF SEPTIC SYSTEM. Seller warrants Ihatlhe septic system (if any) serving the properly is: (a) In good working order and SeUerhas no knowledge of any needed 79 repairs; and (b) ;s currently not in violation of any governmental, health, construclion end other standards applicable 10 the property. 60 19. SALE INFORMATION, Tho Listing Agent or Seiling licensee is authorized 10 repOrllhisAgreemenl (including price and all terms) to (he Multiple listing Service that published 81 it and to Us members; finanCing Instilulions; appraisers; and anyone else related 10 Ihis sal... Buyer and Sellerauthoriz.. alt lenders, closing agenls, appraisers, title insurance 62 companies, and others related to this sale, to furnish the listing Agent andlor Selling licensee, on requesl, any and all information and copies of documenls concerning the 83 status, progress and final disposition offinancing, appraisal, c1osing,tille condition, and any olhermatlerconcerning this sale, INCLUDING BUYER'S CREDIT REPORT. (FHA 84 regulations prohibit landers giving credit information to anyone on FHA loans.) 85 20. SEATTLE REQUIREMENTS, If the property is in the City of Soatlle, Seller agrees to comply with the following Sealtle ordinances before closing of this sale; (a) deiiver to 86 Buyer a Certificate of land Use and Local Assessmenls (not applicable to single famity dwellings 1'101 represented to be a lawful sile for more than one dwelling unit): and 87 (b) U.L. approved smoke detectors are installed, Only in buildings constructed befere 1980 may the smoke deteclors be battery powered. 68 21. CLOSING COSTS AND PRORATION. Seller and Buyer shall each pay one-half of escrow fee unless this sale is FHA or VA financed, in which case it Shall be paid 89 according 10 FHA or VA regulaHons, Seller shall pay real esta1e excise tax. Taxes for the current year, rent. inlerest. and lienable homeowner's association dues shall 90 be prorated as of closing. Buyer agrees to pay Buyer's loan costs. including credit report, appraisal charge and mortgagee's tiUe In surance, unless provided otherwise 91 in this Agreement. If any payments are delinquent on encumbrances which will remain after closing, Closing Agent is inslrucled to pay Il1em at closing from money due. 92 or 10 be paid by, Seller. Buyer agrees to pay fo(remalning oil in fuel lank if, prior to closing, Seller obtains a written slatement as to the quantity and current price from 93 tile supplier. Seller agrees 10 pay all utility charges (including unbilled charges), Buyer u'1derstands thai the listing Agenl and Selling Licensee are not tesponsible for, 94 or to insure payment of, Seller's utility charges. 95 22. INSUL..A TION ,NEW CONSTRUCTION. llthis is new construction, FederalTrade CommiSSion Regulalions require Ihe following to be f'lIed in: (If insulation is not yet selecled, 96 FTC regula1ions require Seller to rumish Buyer the information below in writing as soon as available,) 97 ,," -- WAll INSULATION: TYPE: ..-/ THICKNESS: ~ R.VALUE: ____ 98 Cl;lllNG INSULATION: TYPE: ~ THICKNESS: /' R.VALUE: ~ 99 OTHER INSULATION DATA: ~ /' / 100 ...-- ~-/ 4f6-. 23. NOTICES AND COMPUTATION OF TIMe, Unless otherwise specified. any nOlice required or pormilled in, or related to, this Agreemenl must be in writing and signed101 by anyone Buyer or Seller (inCluding eilher husband or wife), Seller appoints Listing ^gont as Sollor's agont and Buyer appoints Selling Licensee as Buyer's agentt0102 receive notices and all other documents relating to this Iransaction that may be delivered from one party 10 the other. including but not limited to Seller's Real Property103 TransferDisclosure Statement (RCW 64.04), condominium resale certificates, land registrations and any addilional written notices, responses or communications relating104 to such documents. The party to whom a notice or any other documenlis direcled shall be deemed to have received and to have knowledge ollhe contents of the notice105 or documents upon receipt by or at the office ollhe party's appoin1ed agent. Any lime limilapplicable 10 a nolice shall commence on the day following receipt olthe nolice1 06 by the appointed egent or party, and shall expire at 9:00 PM of the last calendar day of the specified period of lime, unless the day is a Salurday, Sunday or legal 110liday107 05 defined in RCW 1,16,050. in which event the time limit shall expire on the n6)<t business day. Any specified period or five (5) days Ot less shall include business days 106 only. SELLER AND BUYER MUST KEt=P THEIR APPOINTED AGENT ADVISED OF THEIR WHEREABOUTS TO RECEIVE PROMPT NOTIFiCATION OF RECEtPT OF109 A NOTICE. SELLING LICENSEE AND LISTING AGENT HAVE NO RESPONSIBILITY TO ADVISE OF RECEIPT OF A NOTICE BEYOND EITHER PHONtNG THE PARTY OR 110 CAUSING A COpy OF THE NOTICE TO BE DELIVERED TO THE PARTY'S ADDRESS ON THIS AGREEMENT, 111 24. FACSIMILE TRANSMISSION. Facsimile transmission of any signed originaldocumenl, and retransmission of any signed racsimile transmission, shail be the same asdelivery112 of an original. AI the request of either party, or the Closing Agent, the par1ies will confirm facsimile transmitted signatures by Signing an original documen!. 113 25. BUYER'S FUNDS TO CLOSE. Buyer represents Ihat Buyer has sufficient funds to close tl1ls salo in accordance with this Agreamenl, and is not relyin9 on any contingent 114 source of funds or gifts unless expressly sel forth elsewhere in this Agreement. 115 2l1. In addition 10 any other Addendums referred to in this Agreement, the rOlloWing Addendums are attached herelo; 0 None X ?c.A. 116 S"' '2.- I 117 118 INITIALS: BUYER SElLER SELLER 119 WHITE-S'lIIng Agel'1l', Co GREEN-E~crow Copy PINK-Sell.fs Copy GOLD-Purchaser's 1$1 Copy Jul-~f1-:'O~~;J.}~l i..~'if R~_~v1RONG-PETERSE~,_..,_.,,~.(_~~.8-2049 P.04 .. .-- ~u'-27-98 03:44P 01 STRONG-PETERSEN (36 98-2049 P.04 l .--- ,-_.... ~._- ~~... tlUpIIt1) ....., "'101)"_ RESIDENTIAL flEAL ES'rATE PURCHASE AND BALE AGREE"'eHT~ (CQIfflHlJfl)J Dr'> aT. lIAftNa8T IlKlOII!T JUiCllPt. $ellttg LI....M. .d1.-eG\l<<" .... (raft BU1ll1 at S 7.. ~D ~ _1'-". in ~/III 01; a c~ dIeca 120 ...,... to Q ~ _ dv. . 10 _ end lie,'" lit ,-' .- , 121 C 0Ihllr lOlIo Nid: 0 e" lIla CIoaIftg """lOin..... Li<otI..n Droll.", g~ """ _nI (wiIIIlrlIaroul_1o 1M 'U WtolIIlftlllOI' HavtioIO lluM). s.1l\IIg........ m." __. tro.......l... O8fMjllllCllllV 10 "" CloIlalI o\oW. In rIM "~fIIONJ" "'1Io1t1td by~LiCII""U"'"_rSUOO." l!laIllle4epll-.dlo: o IelIiovLkDn."'.a....... JM>Ol'" IN.I_1 Q ,,~lt""' 12A __ .. liOIIlIg LIIInMe'. ~. _. ~ WIt _,..\ ...- II da1ilnCl '" a",ws....r IWI.. _I wIlOM IocIII ~~ (.... II&p.,.. 10) Iol\IIIlIMIr Ie; '20 , . If m II dloo ""10 dol.. _r II ell"*' III U. _II -.y It .,tilled to 1M inl.,.." , ZI ~ 1.koInoe, IfIeII nol OID011 ~ cfI'" \IftIK al/YW INI B.... h.... altned lit.. A9'ft....... ewer ~'IO Pes' ~U<JllO ,. purdlalA""'" '-""'" by BUJIW, "" 121 ., IICft 01 N 00I'IIe0t -118)' 10 III ... ,........11 III 1tUl"If... lIn, .1ICh _II tOfNI/IlIllPII4. 1M SeIlng L__ 1M)' GMIlt:! _ ~y tlIernl/lelllllQRl. tll 21. OUA"'-T j\MJ AnoRIIlfY'1 "';S. III 1M ...... ew.. 10... wIlIIIIUl. _. 19 ~ 11I1....,.... g{lhe PlvpGl\y. lI>.n CCIIeP-); '2lI a .. TIIet....... of'" _-v ......01..... ...1__... ....-.115~1 allhe p..ctlae $lflCl1II.... t1lIIIle4 D)' Seller 1I1/lU1d.1Id d"",'I'uIlIIcIIOSIIIOt'I '30 oDlIp\blIlD 1I'l'CC$1n ~ and a ~hIn wild.. aeclioft:)l ~.,., ultlO Ide..... uclullhoe'lIMlI1 ~ laWerror"""" 1IIuro;_ '3' ~ ....., 1IllW. lJl6def'l..... 1.1 U. ..1IQIlidIltMJ 111ft1IIO'S . Of'. poIlIOI\ III the NPlMlllIllMr (1IlIlIIcll1O Sellef. DblgaliDn Ia pq<:aQln _ Ind I CIlftInIiI&iDn 132 .....)1... II"" .1llI.114........ "IfIIMy"""""1o Bol18rfor Noh......., (Ill DMt wi ~~r.... hi..... ..:1&1.. ~-vN.lc;l brinp oulIlo.,.cltcenr 133 anbIIO .. ~..... _ I"1InclMlIllllllmlfH. tlf III) ounue Iny or.. riglllt 11'........ ......... ...1_ IK "'tufty, 1;)( ..,.".,....., "..I:ftt~or s......, ..-........~lo. """ ~ Ihla Ag...monL ~,""'...,1lrftIled 10 clai_ bfougMpurwvonl 10 !he WulMgloft CoIuurller 13:1 PrOleIltloIIMIM ~_ylt 1IIllIeI1G~ C6$1Ilnd .._... IIIQ"""IIM. lrt.,....nI ofINI,... _Ufllo/lhI al-VO' r.. _lllallad brUlaCllUll. lJ& '1'M _ or "'I' "'" """ lot the _IV lit wNcIt III. ....".oty Ie laulad. 137 II ~ _ lilt ellooro ,_.ta d\eCIoId. G>eIl Option '1I"IljIplJI.. 1311 at. COUH1'lPIOH'IIUI. If elIII.....-oty....... lvlot..........alfot. 1/10_, peltf oIIaI'.......n\;II<OOP,...OI\!ho ::;z ~ cleJ(lfnott.l*llll.lIlo __ _1I0--.,.,:W I9M1tMIO ~ IN eev/llllRll.... Ulllell _r",IUl4t_, A-....ro.....a..~ .......net:I1w WIlK. oIgneI!CIDP7_.ecef_ll101llllllomc. alllte_...",..'.-o ""'" br \hi puopoo" 0/ '_!roO _. .. ~... s.-.. 2,3, If... .......~.. .ftlIlI ......, .~. ii__a. ..... III. __ _11 .1IIt M ref"",*,\e ,., llllJ""" . 1q H. AlZfiIIlilMTl'O PIIR;!:" AltO TIllE UMlf,.,. ACCPUHCIi. 8w....r ~ID ~... III PItlPt'1J on lilt IOOweI.lltI. ./lCllIOI\CIiGOIl'. :5t1lOl1lal UII" 11 PM 1'3 aI ~ -::tiA.t- .It ~Io-.lll"dl",(~""';Wn'''''''''''''''''M1'''''~lSolo~ ~iI","'-"'utllll1" ._-~_.~.- ..........-....-.......----..--,r... ,.. IU\'liR . 4'7~. l . CATE 26 'JlIl..~ 111 tall IlJYIR ~ .. - D4TE % ' '9 9~ 111 lIU'/'EA'al'tUlHE: HOMEi ~ ;$'" 3 - ~ <.;tf:' OFf1C1! l ,,, .UftIn~ ,~;1SS ~-r-~ EiU:~.t\.)Jlt. lIP ct<13, ~ ,.. r ~WNliLlCOlSEe 'i<f=. i) '-T'-J E".n..A OFFICEI40,~ P"ON! 377-t'Jbt/0 "-.x C/19o-~~~~ \!O . :i --, . 8~~~ ~ ~,?- 1$' ;:~: . ~:. tA.:M~ ""'tNTNAMf L~\14~^I'::: t;~1 , 1!2 $1. ~ .cCil'TIdOCIAHO 'IlOK&RAU~AOR""'ElfT. 8oIor1Qr_1O...... pno/llltr on Ul........ .., CGIIdllonllletlJft. _rllllMf ..,....10 pay'_'1aII 1$) ....bId-..nl-.o.Md... __co.,;" ......Iint...-. Tha--'Mla/I oIIIJIlle ~ betM...Ul6neAoencllll<l SelIlnv u.:.._.. -'llodlnu.e "ling. ,~ .--- .---.-....---.-- .._....~ .... IIloIIor u.q Aeonl.nd .dong u..1lA.. . ~ "'... ..... procaelll ~.. 10 th. _uloll. II OIlrtlOIl """"" 11'1'1" ..1lq,....,.1.ed ll'""'8", 11I1-" 1St ........ Of L.'" III ....., u. lor 8vye, or S.U,rahat M ,oi~ \I' peid ....,.,_ end IIIe ........ M ""ldell8QuaII)' ._eIl nJ 1S1 ........ 51<<1r1v~1*....... '''lI'gNlJllonl &oIIer~reNip'ol._.'t ....~Dy_.....,'I. m.u!k DATE 7 - 18 ;78 151 IIU.IIl l',"e ,. '10 .' PAM" SmElt'. ,..E6 111 IeLl.Ut'I jllHONi; HOME OFFlC! t8Z ULLP'I ADCllUS ZIP - "if!- 1U USTlNC AGEH'f~ ~~~ ")~ OFfICi NO, 99'" r, PHONE ~qi .,11 '" ~ tUHO.~cnl.:.-rtD ~ fAX IJqK--~~tt :: Jl. IIlUTUAL ACCGPrANCI. TN. AgrMIIlI"\ " ~ .....lIOI.Il~' c:tIane. " coun'-"""l/1l1 Illy,. ,t,_ .161 ""*" ohe!l"~"'" of ...utwl.........__ II!lo ~llOf1d""'~ - 1117 '" ''''"-'0'' '\IYII~' (-'<"'-1 ...alell al luyo,ASeU., (0IriM .....) WMfTE~ ,.....,.. (:0" ORElEN-,-",.. CeD)' CA....."Y-'~.....I 2nd ev" P1NM-8e11,,', Cap, GOI..Cl-fIwrctl...... 'I' Copy F WHITr-$oIIIot!l ",*,,'. Covy C'-AEEN-EICI'GW COIlV CANAllly-............... ,.It' Caoy PINI(-ee1I.,.. COllY GOI.O-P~'~Cl...... ,.. Cop" J~1-28-98 Ol:56P RAND~STRONG-PETERSEN (36.698-2049 P.05 JLS Fonn No. 029- I ..9ohnLScofl" Revised 9.195 "IAI. .'TATE ADDENDUM TO PURCHASE AND SALE AGREEMENT The following terms rld condit Sale ~reement rAgreement, dated I &. (Q . 1 ~-i' r-y1.../ rSeller"] and J rpurchaser"]: 1. Purchasers to present to Seller written evidence of pre-qualification, including Lender's review of Purchaser's credit report, with-in five days of mutual acceptance of this Agreement. The Purchaser's Lender to disclose all fees required to be paid by the Seller with this report of pre-qualification. In the event that the pre-qualification and Lender required fees are unsatisfactory to Seller, then Seller may elect to terminate this Agreement, in which event earnest money shall be returned to Purchasers. 2. If, in the opinion of Lender, credit report and/or purchaser's qualification is unsatisfactory. then Seller may elect to terminate this Agreement, in which event earnest money shall be returned to I-'urchasers, 3. Purchaser's hereby authorize Lender to release any and all of the above information to the listing agent. 4. The Purchasers agree to use a LAP approved/direct endorsement lender if this transaction is FHA or V A 5. If this transaction is an assumption, Purchaser agrees to reimburse Seller at closing for the reserve account balance. 6. If this is a Short Sale or VA Compromise Sale, this offer is subject to the Seller's Lender and VA approval. 7, tUL ~~ ~ ~d1 r"u fo ktL VfL.U,{ "r' '-11~ Vvt-yu'. ~ t::!:."7 ~ tVwL 4 ~ MfitVvO . UUL ALL/au<-- &~ . ; +0 fl.At~ ij{)@(}"~ 1h.;;t;;t/1L.W (~ ~ v.iA f ~ ~ .{M~ .' ~ 1Jutc-r~ ~ 'flU--' fMAu~~ft!~'-Hv.-~~u (~ ~ ~ ~~ ~ tf1( ~~ df-~ tAJV-L afiuJ &-- ~'t~ Uv ''/tu.... 1/.3 () (() f) ~ ~;J0n. Purchaser I ~/1g Date Seller Date --' , Some John L Scott Offices are Independently owned and operated. Jul-28-98 01:57P RAND4IfTRONG-PETERSEN (36.698-2049 P.06 NWMLS Form No, 220 lC) Copyright 1996 Opllonal CI""oa Addendum Norlhwo'l Multiple ll.tlo9 Sel'\'ill8 Rov. '2191 AL.l RIGHTS RESERVED OPTIONAL CLAUSES ADDENDUM TO PURCHASE AND SALE AGREEMENT The following is part of the Purchase and Sale Agreement dated ''"2- ~ ..J VI- c.y ,199 V 1 between C-I'f'l ("Seller") 2 and !f~~'b~"'1 ~~AJ ("Buyer") 3 conceming: 1 L . ('the Property"), 4 CHECK IF INCLUDeD: S "f SQUARE FOOTAGE/LOT SIZE/ENCROACHMENTS. The li~ling and soiling agents mako no representations concorning: (a) the lot sile or the accuracy of any information 6 provided by 'he Seller; (b) the square rootage of any improvements On Ihe property; (c) wholher Ihere are any encroachments (fencos, rockeries, buildings) on 'he property, 7 or by 'he property on adjacent properties, Buy",r is advised to verify 10\ size, square footage and encroachmonts to Ouyer's own satisfaction, prior to closing. 8 0 EXTENDED COVERAGE 'TITLE INSURANCE. Notwithstanding the "Till a Insurance" clause In this Agreement. lender or closing agont is directed 10, at Seller's expense, 9 apply for an AL TA or comparable extended coverage policy of title insurance. rather than the standard lorm Buyer's policy referred to therein. 10 y. PROPERTY AND GROUNDS MAINTAINED. Until possession is transferred to Buyer. Seller agrees to mainlain the property in the same condition as when initially viewed 11 by Buyer. The term 'Property" includes Ihe building(s); grounds; plumbing, heat. electrical and other systems; and all included appliances. Should an appliance or system 12 become inoperative or malfunction prior to transfer 01 possession, Seller agrees 10 either repair. or replace the same wilh an appliance or system of alleast equal quality, 13 prior 10 closing. Buyer reserves the righlto re;nspeclthe properly within five days prior to Iransfer of possession, to verify the foregoing. Buyer and Seller underSland and 14 agree that the tisting and selling agent shall nolo under any circumstances. be liable lor Ihe foregoing or Seller's breach or this clause. 15 ~ ITEMS LEFT BY SELLER. Any personal property. fixtures or other items remaining on Ihe property when pOssession is 1ransforred 10 Buyer shall thereupon be me the property of 'he Buyer, and may be retained or disposed of as Buyer determi,. However, Seller agrees 10 clean IIle interiors of any slructures and remove alltra ,debris , and rubbish prior to Buyer taking possessiOIl, ~ 9- / Jt1; /-(p ~ . ~ ,-Q.TNiRI _____ {J..t.P _ OrJ.- . o ~~Plt>RS 'Toe AR Pt)j);r /:<D ~ f - [)A;-Il\-A G e'..- b ~A)E:'- ~J\)b K~P~ :l..:n~~.:i) .~ P(l~flE~-v, W1ft-AJA ~f::: th-€""'"/\JJ:,\ 7-/ -;:?E Put~~~()b~ ~ fft:.\.-LS EO ,b O€CJC- ""A.)~ ;;;;;; TO 23 1 ) I ~ d + - d&~r.~ tjra Q..1\ e- Pu~' C ~Y:re:~'l..(~:A_ bE:>..2-~}- 0 ~ C~'l; %J V' ~ 24 ~) 1)~. [:;..1+ I'L~C::, ~ S'-'-{JPfl,tll- k2eQv..lltE5:. $'{14 ~fc...'Cfi TlOAJ 2S 26 ~ K I ,0 SIN? LCAoLS - N~~'5 )"::2sP"f, i<$ 27 Lf ,~~ e-' ~) F/LD.V/ L0 t1lJb~v2) Q..~ -72..~D",-Z~'::> /7.) P.zl::,f, i"t'(C--A'\,- 28 NEUe!L ,<....~-- 29 fY\r\~ Aj~~ '~(QS:. f),eA.~c-'D To r:~ #'Y1,bMI A-Nt::> 30 ~ 31 AJ v7 ~P;ql:er-'D, IAJGL..UlJ/~& C>L- U fAI?jlr7 /~ ~e-;?1G<J-r 32 l.0 {'ff! ~rMCC-C- ~~ j>e75 1 3 <.-I;zA1G!) &J~ ~2?71r:2-S. 33 34 ~5D Vdb$.:> r/c"P '10 I!LL:P J11~r to =6e- t.~p 11.~ 35 ~ 17 ,<,ICy. cr Jdll-LfL- -Iv fl.~ y (~y al- c,.1 N-CK1- M~/ /. 0 '. ) '"5 - ~ fJ/26V"~- CL:>/it q"c JJe5r ~ tl~ ~ 1~-e-rK',.J "'D E-~;'l- c~c"~, fAJ/'(--tUAc ~ ~h~ 0 f Firm.;#:-.3 5 'I'l> u tlJ 40 '1) ~~ ,0 (#t<( 5~ o/l=-?-A)k,., 0/'0: .jii;~" -rD"- e"-~s~~,~ ~7j ~"""A,)kc, - ~ ., Initial" BUYER ~ Oat., 1- U - '; <', SELLER Dal.. '1 /;)-1 ~ BUYER; - ( Date: 7..20' ;18 SELLER: j Date: 44 WHITE-Broker'. COp v GRFEN-E.crow Cop V r.ANARY-Durr.hA".". 2nrl COpy PINK-Soli.,'. Copy (;OlD-PurChA,.r'. 101 COpy (36.698-2049 P.07 Jul-28-98 01: 5SP RAND STRoNG-PETERSE~"'t:.Ml:.l'(tUN l...t:.l.;I /""1 PAGE 139 UI/~O/.JJO ...~o ~ou~ o. . ~ul-Z7-ge 03:50P ~1 STRONG-PETERSEN (36 698-2049 p.oe . ~ -........... INSPECTION ADDEHDUII TO ~...:='u::__ :::;-....... to P,,' PVR04ASE & $AL.E AGRUMIiNT oOU.lI~ "IIM1M!Q ...,... n.e folJDlme 11I11III\ gt Ihe Pun:na. and s.. "4V.~l dB..., .....t ~~ ~ Go. . 19 <r ~ 1 - c~ r......, 2 =- ~~_--~~;t.- . r..=:' UuniJ41 "'fit~C.. 'w'., ltIIPEC110N eotmNClENCY. The.tlove ~1It Is condi\ioned 1Il'I eu,.,.. SMI~I tIPPI'(lql ~" ln~ oJ ':tPtrlptff.IJ and \he 5 c-v l"tpI~ en 1M Pn:lplfty. Bu~ ~ moy In", at euy.... opUon. "- O1Mtural, II'WCtIMlcal ancI gtmeIwl concIlIon of the e IrnptO\lOrll'" = h~. an IItIpKMr\ 01_ PtoIMlltY .... hwMdou. ....wet.... . ~'InIpKIIorI. II\Q'. aol..l4HIIKy lflwpec:lion. 7 iTw InIe~Md , weroln~In~. 10 . When llle IlImllN CIIlnclllona Or 11 w. ........., Addtndum hllW b8erI utW'C lMn flll Addendum llNlIIlIe ~ fI'om 8M no ItlnQer a p'" ot lI'I4I ~L , 12 1Wa~ I"lltl;ttlo~ an am&l'tdlldRMIPIODtrtyTrenafer Oladowr.Slmm..1 potIU8I'ttfoRCW 84.06 tI...d on C<r1d1lio11sllSendllvdirt il1Y 13 ""'n'~' Or I.MpNIon rcpotl(t). ,. ~ IIIEVI evy.", tl'IaIlI'Ie cundltlon \he I\IIIghbomood In 15 wftk:h "- ~ .. " NeIIhbolt'loo4 R 1& ~ of It.....mlIyto ,~.,dItlVetll 01'-17 Ii Mfetyconclllon,tI1 ..ell'll dou no! 11S of 1M NIlgI'Ibomocd wllllin l'IIutu., acceptettee Iltwn Uti, 1 t oonGItIarllh8ll ~ ., lie cSelll'leG MI' 20 0I111ianl1O TClftb. lvi, In~ ~ng 011 '!orIe- c.nka IIlalI be limn MIaly 10 dltemlllling Il'Ie P"MeIIClI or notI-PfeMnce cf Oil 110111111 21 IsnIla an IN ,""11)<, ...... oh..... ... to ~ ~ "y liII)'IilI" I'NI $eller. U ~~ 10 or 'II to ~..the COU," (If.... folio-me ,,..~c;tIan): 23 Au."'lltlc WIInr If ."'f.r Deea Nat 0'-...,..,. InlpKtlon. TIQ iJltl*tion .,tirl(f~. SHALL CONCLUSIVELY BE DECMED j!4 J'lIFIED (WAIVED) ul1la. Su)/W gIYH I\OIb f1l di$a~al or IN IntpecIlan ""liNn --1J;L dey, (10 d8)'l1t not tHeelin) a....llt\IlUIl 25 eooeptanco Gf IN, AgrNll'1'oent. auyer May cliupptOVe hlnllPCdloll Jar aPl)' r..ton In BIIWt'. 8010 di.ta'ollOn. If lIu)'W~, a1irnaJy nob 26 d/ tSlrlJllroYIII, ...1PIIa AgrIllNNrll.1Id 1ImlIM.. MIIII'Ia Unit" money INIt llervlvlldod 10 Buyw. 27 QQUUTa~MOotFICATJON. /fOell/on 1.1ppIla.. ~lIlIIcI $ClIw~\Ilat~dJKwtlon. noIlOC!lor~efec:lllIlGforreouesttG I'IlJ).;lrwhldl 28 .... net .......,..",.,... ......, .....".11 II. ""'UNt lOr mOdltetlaon on)' and atJaIf "IU al1ltct Buyo,..l1OtIt to .....1'18 or...mow II'Ie l",~ ;zg Cot..~ IIIlCI cloto 1II. hns.ctioft In ~~ WlltllMllrma 01 ,,".....emeAl Rat:NN1t for modili~lloIl do no!. aIl~ !he ~.d for 811)11' 30 10 gMI eI" ellJliGll notIe. of dlMpproval to lelftli,.. this A,"etnent. ~, ~ n ~111. '.Uor'o O"",rtunlly fO bHIr If e."., ON' Not APJlf'lIYCl of 1,..IIftUon. 33 "jIJ 1IuyW. NoUN or DIaa",""vaI. 30' lMJlrtepGdloA ~genoy S~AU. CONeLUSI\IU Y BE DUMfW SAn"IIC (WAIVED) uoleM 8yyor lll~' /lOCl(;;e ot lIIapprOVGllIiIIIV'IIn 3' 'nt - ISm (10 dan If not ftled In) of mutual ~ of lMI AoNamIftl 36 110 nt. naeloa oI_wOYal mull '1) Ill..... U\e CIOlIdllIons 10 wtlIcft the 8~ oIIjICla encI (Z) M IICC:QtrIp.nled by. c;apy of the pfll1Ign(a) or 37 · ~ ~ ~ 1I1.~ IcItnll", ... ClOllllIIonIIto \lIflIcIIlIla luyerobltcla. 31 IcllW"e lle;.ttggal ReJl8lrlAp.am..tOrtAllem.-tA RefnCl1Uea. "~~Ihe ~ rlllPCllt II,.n $8lleI ~ haq 39 lJl)'I (3 da)'l1t ngllllJald In) -'\er rec.Ipl Of Suvena CIllepprave! notlc:. '" giwa noII~ ... ScIIIar ~U eotrec:t Ule ClaftdIUon, ~ '" BuyeJ'. .Ct noUccJ. hllucfInV but Mf ~ to remDY8I or. ac hlIa1'lI opUon, ~g of any QiI Rnve Ianle.. If So" asr... \Q CIOn'Kl: 1M ., ClOIIdIlIOnra) IdIinllllfd ~ Bww. u.n It ,W bII ~alI8d III se..... ....... If! . CoiMI""rollll)' r...onaIlIe m~ plOt' 10 Uta CICIIinV 42 dOk ~ OMI C8M or ~ ~. "Con"ec:tan. ft'I$lrlI rmavll or 1rIPnanl, (II\clvding bul not Ilmltacllo r..,CIOMI cw, II &elIa,"I .t:I 0JlCItItI. ClOClOmmllllonlng 01 ~yQU --ge....) Ofltle NllatdauamNIIIlIt Ie.... upatIIl "1'II(I01I"r",n~ by llt1\1l1ndi1r Ch. dQdIoq .. or. IlconlIc:Icf IVIUrdlN, maIortIl ~... oIher upett ..DCtId by Sill.. ., In I!au Gf tV.... by Seller, .. partJH IItey l'I'IuIuaIly 0"8 0" en'! GUI.r ~ ror"" GaapPrOYed ClOftdlll_.lnducllng but nol ~tocI D ... ~h ~ ~ s.Iar to ~rw adjuWftonllln .". pllrcnae ptIoe. If IUI:lII an ....,...nl an Ilon-~Ir nlIMll... " 5lIJQIrocIIn ~UrIQ 47 bffo!l;t eM OJIIl/raUort of "'- time I*1od Ht IorUlln ItIl& par~ 1b(iI}. "'1ft IN. Inlf*llon COI\llIItenl:)' wW be dlt~ ....hd. " "till} ...., wtI .... ReNlrtNo Aer'MnMM tel AlIetneflvv I!tGlMd'", If "- ....r ... MI gr.,. notk:a IlMIl tI'It 8... wi" c:curecr III 411 llOfId/lfoft(ll) idllftlllled by lkIyar I;Jr it 1M l)aIIIu haYI"IM ~ a """* .......lIIInI on ngp..11tpIIIr ..."1Idl....,,.,. 8U)'W May.~ totl~ 10 no8Ot Of lorm/ftIlIOft of lift ~ wIt.lIin d. (3 _It Mllllledl") aft.r bllratlon of \he lInIe limit In ~ 1b(ll} " at ~ sf SeIW. noUG. iPloQUanllo ""~h 1b(IJ), -'tj;l\eyer I'll oocura.. 'Ttleumeat MOnlry Dfl8Illhllft be /'IllUmed 10 lI'l. 8uwr Mil s:l IIle Dart.. OMII haft no rtHther obI~ III I'" oltIer. AoqlINIa fot ~QerI or lIuyw'o .gondlllonal aPPfVlt'" or the lnlllJlC;llon 6:J I'lIpClft do M11J!11J1ine1' the neod for Bvyer to give ill IlCPlidt notice 0' d1HppnwallO lennlnale .. AGreement. M (Iv) Relft.~ IIY Buyer-. s.w. ~I"- ,r. I\A)]8CI tll """'ll<<:lIon and '~&I. ,...ar Co dH1nv, by I". InapllGlor Who ~ $6 ~-"..... ..........,.'.......n_ ~ -1., C II &ELLER D.l1O 19 8U\ltA. 08te ,. - (.. b 19 -, f 57 8aWt .............. ~ .--."::.. <~..;:.~~~~~~^_ 0_. ~::~__.'.' l'd .. Jul-28-9g 02:00P RAN~TRONG-PETERSE~ ,. ,...~..c...~~.6.98-2049 P.08 (Jt/~O/J.:J:JO ....1..'"-10 ....vv... v.. ______ . . .--- . Jul-27-98 03:52P I STRONG-PETERSEN (3 698-2049 P.09 ~ . ~:~\~:~.\:?~:... ....... JaM!.... IN8~cnON ADDENDUM TO JDURCHA8E & SAlE AGIlEEME~T .~I- ....,.,..~",. all NO....1\MplIJ ..... ..... ......1Itf (CONTJNUaJ) H.l R'OItlS "!$IMCI ....'1 "l I . 'ATT~ IIUYIIA_ yo....,..... __~ ..... ._..... 'll(l)... '''111) 0.. ,rool"Nl_,..... Un__1W U" ~"..., )'00Il will blI....1lIIrM .. purcII", h St \1ffIIIlII'/lI""'" h aollur NlIlq tomNlfIlle candl~ I'IOItd "" the lffltlG" ~_ ....... ...11 wllh_ I'"V .,t.,..elI.. ........... 'Of'thvM _lJI...... eo .0 Z. WANIIR 0' 'NGNCTlON. 1!kIy.,t\M Men HvIHd 10 OI*In a profllMlone' butdltl8. h~_llIbs1.anCM. PNt OfIClilllSl8tlftlCy In~, WId Ii'l , 10 OIM~ lite ""'no of w.IrerItIRtIoI1 on lrIa I'IIU1la Of IUCII "'.pec:tlCIII('). bl/18uyereJeola (0 wI/v. file rivht.,<I buy "'. PrOl'lIrty In ItII IltlMMI 62 I CQftdlIon. Bure'~" Lttat tha dedslon \0 WlIMJ 1vyst'81r\apec;1ion opllanl ..... baMd an Bwer'1 pet'ID/'lal ~on IIIld Buyar hu not 63 i ,.. en ~fttdO/\a by s.m., lIdng AprIL 01' S441lng UcenSGO. .. o 3. ~ ~ .At '..IAL.I..8ft'W OIICLAlM~" OJIL' WARRANnEl. eu,er ~.o pwc:h...lhlJ prupel1Y "AAJ 18." awer KIInoWIIdgu 16 ; "-&1Ie dGClelOn lD plII'CtIAfO .... .,. wu 1>1_ on ~ pel'tlOnel """lClIOrIllNI Illy. hIl5 nall'ltlilld on.I')' rllp"'ICntalIons by S......, ua.. 86 Apr4 ell' hIIne lJc:.n.... s...., nplleldy dttetaI",. ..., 00.... fl'lIfl'llh. -'PM.....,,' eIIY ...rnn.... anlt 4'eptw..nt.t1_. 'e11lllng to the 11 I phrdAl OOIMIlIlon vi tha Propenr Me fOItII ,IHwheI'I IJt lM -...'""*''' Il'ldtlcllrlg "'" not IIrn11ed to -", .nd ell w.~s MIl 68 NIn~ reId", 10 lItIIltIu, (NWMI.I FtIftft 21 e"d 23, p~': '0tM 11, """FI'" 7), \tI. "pUG .yal$l'll (HWML.$ Form 21 and Z3. III .,.,........ 18; "ann 25. para,nIp" f7IMd tII. well, (NWMI,..S l"onft 11 4Ift4 %3. Pltr.~'" 11i f"ont'I 25. p....,.ptI16J. 70 : i 4. NcmGh; 71 ; (FOR BUYER'$ USE IF .AUTQW.TIC WAlV"" OPTION 1a APPUESI 7Z I ChI... ~ 73 luyet, 1n....GClon of \M Pl'OOet1y I.: o ."prow... 1& Q d/uJI1lnlYllCflmr$ lher Agreement is 1MmIn1l4K1. The UMe51 moftlY i. lo~. retvmed to lIIe 8\lYW. 75 aUVEM _ Oa~; _'9_ 76 (FOR 8U't1!R'$ UN Ifl "SELl.ER RliPAlR' OPTION 1b APPliES) Tr . ~..~~: ,.. ~ Q Bwor.~..: C 8PllIO~a~. 79 \ 8UYIRS Otil..: 18_ ao ; NOTI: If ......."oved. I. otlec:tc.d; (1) . copy of II, po~ of. writ.,,, ,"-'lotion ")." rn""l be atlach"d to thl~ Nolh;c; IIt1d (2) 111 8vJw muat Idoftuty ,,,- property COft~j\lon. mitis lnapttOftOt'l f$port 10 whld't 841y., obllCtl. Fall"... to "'... ttl... Me r.qlol1rsmlntl 12 mlMmltlot ~Of h_ not complied with CM "'''''lftl''' -"II; (11 Tltl, Holle. I. Ineffective eyo'IlI): l/'let (:Z~ "uy.r I"'ell'. ........d ~ ,. "laW lIP,.,..,'" tIlo In.,.otlo". M ~ SElLER'S U~ IF .SEllER'S ~AIW' 0PTt0N 1b APPlt~S ~O IIl1VEllt HAS CK.....PROVED ANy CONOIT10N(S)1 IS ~ p.. NOTICIi Itlet: lIS C:1 8eIot wIN not ~Cl (1'CJ'Iir) '" condlliont Buyer Nil obJeI:1od ~ .7 a 8aI!ar w!II 0llI'rIKl (f;paU) !he ~ 8uyer h= CltIlIKf.ed to IU folia,": II o AU C The fQ~: " II] '1 8Q.I..!RS Date: 1a - V2 {FOR 'UYIi!R'. USE IF (1) SELu:R WILL NOT COAAECT (REPAstl AU. CONOtTlOMS IN THE INSPECTION REPORT 08JECTEO TO IV 93 IIUY&R OR (2) IF seLlER AND BU~R. HAVE NOT AGREED ON ~ AlTSRN" lIVE REWEDV) 1M au,., __ I\IOTICE that; IS Q Tho ArilroCftlCmt t;llGmtl"..,. The __1I1'rlCln9y It \Q M I'i'llu",ltd 10 IhI Buyer. 9& a -,r tnfftG (wlNflI\:'Il) 1S1IyWa objec;lJona to !he CllI'ldlUon(e). Ihlyor unclllltlnd. Saller will not eorruc (rtpatr). 81.1Yt1r ~,...lo cIol0 fJ7 UIIs .. In ~ h AgtfttftOnl'lI re"","l\'\; k11'r\'1~_ 98 8UV'ER8 On: 19 - Ii SaLEJ\ 0."'9 ~ 80YER p:. OB18 7- - 'lC 19 7f 1~ ~8"U"~C_~ r.QCI:_::w~....' r:~N:;'~"'_~'~~_, ~~~_.._~.. .,..,,, ~~~~~1~~...._~~.U 101 I