HomeMy WebLinkAbout9509060045
..
Name
Bremerton City Clerk
I{l-TC;AO Cfil\;.I-1 ,{
ft i "-I'M! V\.!J~
$8.00 CHCK
FILED-BY: BREMERTON CITY OF
SEP 69 i9959 9:07 AM
KAREN FLYNN, AUDITOR
CLERK: MILLER
A=F=~~ 9509060045
REEL 0874 FR 2382
Filed for Record at Request of:
When Recorded Return to:
Address
239 Fourth street
Bremerton, Washinqton 98310
4331 "F" Street - Otis
STATUTORY WARRANTY DEED
(For Use in the state of Washington Only)
THE GRANTORS , DAVID P. CAMPBELL and SHERYL I. CAMPBELL,
husband and wife, for and in consideration of good and valuable
consideration, convey and warrant to the CITY OF BREMERTON, a
municipal corporation, the following described real estate,
situated in the County of Kitsap, State of Washington:
LOTS 1 AND 2, BLOCK 24, BREMERTON HEIGHTS, ACCORDING TO
THE PLAT RECORDED IN VOLUME 3 OF PLATS, PAGES 41, RECORDS
OF KITSAP COUNTY, WASHINGTON.
NO (/1 J~ kz
KITSAP COUNTY
TRANSACTION EXCISE TAX
DATED th'is
/~
day of 1/o/tLJ f-- , 1995.
DA1~LE~/
PAID c'"=o 6 1995
~M UN (35&.~
..O~RER
. '
STATE OF WASHINGTON)
~ .; ('~
SHERYL I. AMPBELL
ss.
COUNTY OF KITSAP
On this date, before me, the undersigned, a Notary Public in
and for the State of Washington, duly commissioned and sworn,
personally appeared DAVID P. CAMPBELL and SHERYL I. CAMPBELL,
husband and wife, to me known to be the individuals described in
STATUTORY WARRANTY DEED -1-
CAMPBELL.SWD - West Hills Closings - 8/9/95
and who executed the within and foregoing instrument, and
acknowledged that they signed the same as their free and voluntary
act and deed, for the uses and purposes therein mentioned.
GIVEN under my hand and official seal this / Lo-H---. dav....cj];'~;...."..,
ClAJ r 1~ , 1995. I >/~,\\:.~~~~.~.:.,:;"~\
C lJ--L-f \' r0> f . a .,/,/ ':';" ~ -- \:\~~: \
. ;o}-l........,~. > - .
(lio" ry blic in an. ~or t~ ::s'~ :tfe ,~:f. :.~l" ~ 1/j f
\.,A...J ~ in'n res ld lng a tt1 : -: J!)~~U.J. '.. ;:
My appointm~t' expires: 10' -- ,~'. rS"/
'~~, . _.. .' :J ".......
.;, 0 \ \,....
"1,,,,,, ~... : ",."."
tr, f ,.~ ."..'"
AcFc~: 9509060045
REEL 0874 FR 2383
STATUTORY WARRANTY DEED -2-
CAMPBELL.SWD - West HiLLs CLosings - 8/9/95
~::d~~:J~~:~ilii~~~~:~>:~Y Sw ~~3 TRUST DEED · DAVTD P """mL ". SHERYL T
.<;tj:::~r:.,' TACOliA WA 98499 NOVEKBER 4TH , 19.!~~. with __ CAJ?BEU. (HU~B^-~~~_~~!~.,
0" . 11,is Trusl IXed nu~e ---;--Y:'O~OX-98T50 TACOv.A
'~fiY.~2~" :;;:'~~;I<;:i whOP'iiR'C~ IS' , SWle of Washin,lon: BENEVEST SERVICES, lI'IC.~~I~hin:;lOn co~~ion, as Truslee,
.;';4,'~7 ' whose aJ<lress is _AOlLCOOPFll POINLJlJLCVti6-THUisTON , Su-u: of Wo' .....'n~l-o-n.~, :-n:
"~,. ',". CilY of _.oLYMPIA CounlY of ~'" ~ u
.;:.. . 0 BENEFICiAL WASHINGTON INC.,
Xi BENEFlCIAL WASHINGTON INC. dlb/a B.:ndicial Mortpge Co..
:I Dd~""4re COm9r.Jlio" Q..ualilied 10 do busine5s in W;uhinglon, as Bc:ncrlCi:uy, whose aJJress i.
.... 'lluOl BRIDGEPORT WA'! SW .
. , CilY of _ rxco!{A , COUnlY of l'TERCE -' SU!.C of V:~;;;-'Ion:
WilneSKlh~ Thai Tr.Jslor eonveys and warr.lnts Iu Tra'tee. io lrus!, with lX"'""Cr of sale, lhe real property siaated in &.e CounlY of
KITSA!' , Su'e of Washinglon, hereafter referred 10 as the: "Propcrty- and described. as follows;
LOTS 1 AND 2, BLOCK 24, BREXERTON HEIGHTS, ACCORDING TO THE PLAT THEREOF,
RECORDED IN VOLUME 3 OF PLATS, PAGE 41, RECORDS OF KITSA!' COUNTY:
SITUA7E IN THE KITSA!' COUNTY, WASHINGTON.
...
KI TSAP COt~nY
~3,OO CTC
FILED-BY: CHARTER TITLE C0r.P
NOV 12, 1993, 12:10 PM
~AF~~ FLY~~I AUDITOR
CLERJ;: VENES1W
A.F_~: 93~~~20~46
REEL 0761 FR i315
lhe aoo-'e d=rit>c<! Property nO! t>cing used p,rincipa!ly for .gricul~.Jr.l1 or farmin, !).rposcs, togc-~~r ",'ith all buildings. rlxl~lres, an.!
improvcmen:s on u-.e Property, "nd all waler n~hts. ",hIS of W:lY. e::s<:menlS. rents. Issues. profllS. U>COme. 1C:lC",ents. hercJII,amenL'.
privile,es. an<:! ,?\,urtenances .thereunlo t>clonging. now or he,,?r..:r ~ or enjO)'e<l wilh th.: Prcpe':J. ..abject. booo",er, to Lhc righl.
pc7'wVCr. ;J.no ~uthon~ herein g,p""Cl\ to :1nd conferred on BcncrtCl~ry La co~kct :!.nd a~~ those rents" ISsues.. ar'i.J pro flu:
o H Ihis box is cl>ecl:ed, this Trust IXed is subjecllo, prior lrus: deed dalcd _';1f.l._ ., 19_. execule<l by
NLL___. . as trU,lor(s) 10
Hl.A.-.___._-' as lrustee for Ihe
benefil of N I A . as xnef,ciary.
securing paymenl of, promissory nOle in Ihe principal amounl of S ~l 1>- ____ _ _" ~I pr.or lruS! <leed was liled
on ._ ' 19__ wilh the A:.:dilor of _~A___ CC<JnlY. V.~"in:!,on, unJer AuJilor's
File No. an<l recorded in Book , page
o Unless to'lis box is ch""l:ed, this Trusl Deed secures. Credit Line: Account Agreement ("Agreement} ",'hieh o:viCe""e5' lo,n lhal i.
ma<le for person,l. family or hooseho\<I purposes,
For Ihe pur=se of secor:ng; (I) a ceruin Credit Line ACCOU~I Aa&ecmest ("Agreement") ""'"JreJ by Ihis Trusl Octd by whi.:h
Beneliciary'is o':lEgatcd to mal:e loans and ad,-.!nces up 10 S 8. 0.0 , hereafter referred 10 as the "Lin<: 01 Cre<lil;"
(:!) perfoffi'3"ce 01 all ,greemCnls nlade by T,:,,,or in Ihis ins:rument; and (3) payment of a!l sums e,,,,,:l&d ur ,d,"an,ed by
Ikndiciary un<!er or porsuant 10 Ihe terms of IhlS Trust [Xed. as herelll provI<led; an.!
To protCCI Ihe ",""rilY of Ihis Trust IXed, Truslor agrees:
I. To l:eep the Prope:lY in good condition "nd rep,ir; no! 10 rem"''e or demolish any building Crecled on !he Propo:ny; 10 coml'1cle or
re)lurc promptly ar.d in bood anJ wor\;,manll\;,e, manner ~ny bUIIJ:ng Ih31 may be conSlru<le~. d,rr.:ll;cJ. cor do:s:fO)'CJ on lhe Propeny;
10 comply with :il laws., coven,nlS, ~nd reSlrlCllo.ns ~f,e<:tlng the Propcny: not 10 comnllt or perm;t ",,,,,:c of tt'.: Prupcny; nUl 10
eOlllnlil. suffer or pernlll ,ny aCI on Ihe Propeny In vlolatl"n of l:rw; ,nd 10 do ,11 olher a.:ls ...hic!> from lhe charael<< or use of ,he
Prupeny m,y b.o reasonably ncec=ry,
If Ihe lo,n ",cuxd by Ihis Trusl Th:ed is t>ci~g obuined for the PUr;>O'" of linancing. c0llStf"ae:ion of impfO'o'Cmo:nts Ol1.lhc Propeny.
Tr1J~lUr runh~r :tg.rccs.: (:I) l\l b..:gi!, construction promptly and p'.Jrsue the s.;.un~ Wilh r~;JsonJble ciligence 10 c-ompl~:on in :)L:cordJnc~
wilh plans ,nd s",.:ilications satlSf,clory 10 Uenefic13ry, and (b) 10 all"", B.::>c:fo.:iary 10 inspn'1 lh.: Property at a!1 limcs during
con~lru':lion.
2. To p(()\'idc ~nd mainuin in,ur.Jnce On the Property apinsl loss by Ii((" =,,J "':'..:, ,och ca,uahi." as Ser>er.::iary nuy require in ,n
o.Olount. for such \l:rm. and in a comp:1ny or com~nics S;StiS(3':'.Or")' 1(.\ Bcn~rtCiary Wilh lo)s p-JO:-.bk c~~~ in (::lYOf of. 2nd in a (lJnn
':>Ii,faclo!')' to, Iknerlciary. In Ihe evenl of loss or <lamage. Tru,.lor s\'",1I ~i\"C immedialc nOlice to Bc:nc:r.ccry, Bcndic:i:1ry n,ay mal:e
pr""f of lo>,.,nd $C1l1e ,n<l adjust,1I c1,ims Ih<;reundcr. 'ppl)'ing the proc""Js, at ilS "plion. 10 n:d<>C1ion of amounts du< un""r Ihe
A~ree",cnt or Ihis Trust Th:ed or 10 Ihe 'eSlorallon or rep.:ur of the danl.:l.!:"d Property. Paymenl of ,.u.:h I~ may be m;ode .Jire,"II~' 10
B<neliciary. In Ihe evenl of Ihe refusa' or l1C&IeCI of Trustor 10 pro".iJ< IllSUr.ll>Ce or 10 maln""n lhe ume: \)( to ren..'W the ,a"'" 111 a
",anner "'lisfaclOry 10 Benerlciary. then Benef,ci:1ry may itsclf procure and mainl:lin .uch insurance ,nJ elu'J," the premio", I" Tru,10r
un<ler the provisions of Paracraph 8 of Ihis Tru>l IXed.
3. To deli',:r 10. p:ly for ,nd m,iNain with Bencf.ci:lry unlil the indebte<lness secure<l by Ihis Tru>! D.=J (lcdebl,Jnes.1 i> paiJ in full,
such eviJellce of lille :IS Beneficiary Illay r"quire. includin, ,bslr.!.:ls of lille or p"licies of lille insur.JJlCC and ,ny ellenSiUlts or
n:newals lhereof or supplements Ihcrelo, .
4. To app"" in ,n<l defend any aClion or proccedin.g purporting 10 afTccllhe se.:urilY ""~f. I"" lilk: lU the Prupcny, or Ihe riChl> ur
I""'"Crs of Sener,ciary or Tru.lce, Shoul<l Beneliclary or TruSlc= ekct 10 ,Iso appe>! tn or defend ,ny such ~llon or procecdln~.
Truslor sh,1I pay all cosu :lnJ expenses. including COSI of c,'idcnce of lillc .nd 'llorn,:ys' f.,,-os in , =nable sum Ineurf\.-d bJ.
Beneficiary or Trusle".
S. To pay. al Ie,,, Icn (10) days befo", dclinq""ncy. ,11 131~ ,nd n'eSlimenlS arreclin~ the f>n)pcrty, to pa:y ...hen d"" all
cneumlnallCCS, charges"n<! liens wilh inlereSI on the Propeny or any pan lhereoflhal al any llmc 'Pl"':lI' to be prior <>r superior 10 Ihis
Trusl D.:c" .n<! pay ,11 co.lS. fees. and expense. of this Trusl.
6. In Ihe event of Ihe death of on<: of Ihe Tnnlors, Beneflci:1r)". '1 ils Oplion. II\;!)' d.-claro: the unp;oi.l bAlance of the InJebl,-d~ss
illlllleJialdy due an<! pa)-:>blc.
RL 4 WA.':!0/'2S/llO, Ed. Jan. '92
<-. .,:
.
7. Slwukl Tru>lor 1.,'\ 10 "",l;e any P"Y""'"I or ..I" any ."1 proviJe.J Cur in lhis Tru>1 lA:c.J. Ihen lknc.-...."'ry ...r .fr.......:. """l'~'
oblication w to do. ....ithout notice: 10 or de~nJ on Tru:r;.tor and wit~( fl.:k~"ing Trusfor rrom ;any ohli&~I'vn u~r lhe A,r~IIlCnl.
II\.:JY-(J,) nulc: or Jo :~,,: salfl(: in ~uch manner ~nd to ~ul.:~ cltenl ;IS either nuy deem ncce~sary 10 prUl~\:lthc !aoCCUtl!Y. &:r..:(ICl;t.ry. of
TnlSlcc bein/: aUlhcl iteJ 10 c!,ler on lhe. Propeny for such purpose.s; (b) commence, appear tn. ,rO.J .kfcnd any aCllon or pf(lC.ceJlng
: ..c. ~purpuning 10 ,ffeel ,:.e ,:curny ?r ~ nghls or J>O""e~ .of Ikne(ic,ary or T~>IU; ;md (~) p'y. purchase, conIc>! Of c~proml"" an~
, c,x:ulllhrancc. ch,,~c cr Iten, whICh ,n Ihe ]ud!:mcnl of either appc'~ 10 be proor or supenor 10 IhlS TN" Deed. In C1ocrc\S,ng'ny of the
"{ ;:;'abtro'e enumeraled ,...,....er> :",hereby l;,.bililY is incurred, TNsle~ or ~ncftCiary ~all C10IXnd .....hale"'r amounts in lhc .b>olule
~. 'di>crction of citl,er lkndic,ary or TNSlee m:ry deem neccs",ry, Including c<>>1 of evidcnce of IlIle: and err.ploy counsel and pay the
i:, ''-rc3>onahle fees of counsd. On presenution 10 TNSlee of an afr.dav;l signed by [k""flCiary selling fonh facts >howin!: · d.:faull by
'.\" TN,I.>r under Ihis par.>graph, TNSlee is authori:cd 10 accepl .s lrue .00 conclusive .11 f"CIS and Sl;ll"ments lherein. and 10 :>Cl on lhal
'fro ;:':alfi.J""il :os provi<le<l in Ihis TNSI Occd. .
'r';':' 8. To p"y immedi~lcly and without de~.OO all SUrns expended ~ereuOOer ~ ~n~ficiary or Tru,.ee. ",ith. interot from Jal~ of
.... e>.IX:>Jilure at the Finance Charge R:>IC tn efke.1 on Ihe account unl1\ ~e loan .s paid .n full. ShaulJ TN.lor f.,IIO p...')' lhe"" amounlS
M "l".&nefici,ry m,y add these amounl.s 10 ll>e Unpaid Balance and Charge mterest at the rale m effect on tl'le accounl. The refo'lymcnt of all
I"!-, r..u..-h sums sh~1I be >ccured by lh.. Tru'l Deed.
~. ;::: 9. If T!"~slo~ volunlarilr sells or conveys IhcPropeny, in. wliole or }n pan. or any inlcresl in Ihal Propeny or by som<:'~ or Olcans
nTNstor IS dlve.ted of htle 10 Ihe Properly w,lhout ob!.>ln'"g Ihe wnlten cort>Cnt of &acfie13ry. then Bencf.nary. at .1> 0(""'". ""'Y
1.~ -- dcclare ~e unp,i.J b,lanee of Ihe In~eblcd".eu im,:",di"~ly d~e and pz)-abte. This.option shall nol apply if (I) Ihe ?lc of lhe ProIXny
-.+- . is IXrnlltted lxCause lhe purc~r s credltwonhlness tS S3osfaclof)' to Bcnelic.ary anu (2) lh,t purc,"",,,,r, pnor to Ih.: sale, has
. ~. c:x.:culro:a. wriuc.n assumption ~breemc:nt conuining, terms pr~cribed by B.CJ"M.:r...:ury. :r..:luLling. if required. an in.:n:.:l.5.C' in lhe.: fJ.1~ uf
LL W inlerest p.ay"Jble under the Agreemenl. .
. WJ 10. TNSlor will pay and keep current lhc monthly insl:l!menls on Ihe prior trust deed an.J 10 prcvent "ny .Jcfault Iher.-und.:r. TN>",r
<1: 0.:: fUr'.h~r agrees Ihal should ,ny default be m,de in any instalrr.ent of princip;ll or any inlerest un thc prior IN,I deed, or ",'>ould any ,uil be
commenced or olher aClion l:ll;en 10 foree)o.e Ihe prior tNSt deed. lhen the am",,::1 seeur~d by this Tru,l DeeJ ,hall beeomc a"J lx due
anJ payable in full al any lime lhereafter, ~llhe oplion;:\f Beneficiary and in aecoronce wilh the Agreerr.cnt. Bendic;.'Y. 31 il. opli,,".
may pay Ihe sd',dulcd monthly inst:llments on Ihe prior trusl deed '00, 10 lhe extent of the ,mount so p,id. become ><:brog3t.-d 10 tll;:
rights of the beneficiary identified in lhe prior INSt ~eed. All pay"""cts ""'~e by lkndiciary on the loan seC'.Hed by the prior tN.1 .ke.J
shall be a<!Jed to the Unpaid -Salonee on the accounl wilh inlerest at lhe Finaf\C<: Chaq;e Rate in e[fe.'! on the ,..-c<>unl-
II. Should the ProlXny be uken or darn,g.:d b)' reoson of ,ny public imptQYCl1>Cnl or cond~nlltat'on prc,,:c-::ii~g, or ~=~'{'-J by lire '"
eanhqu.\;e or in any Olher manner, Ikrocrlciaf)' sholl be enlilled 10 all c<..rr,;>cnsallon. ,.,.-ar.Js. and olher pOl)'mc::ts or relief ,he rc fm , aOO
,hall lx entitled at its option 10 commence, oppear in ,nd proSCC\;1C in its O'~'n mme any aelion or ;>roce.'<lings. or 10 mal;e an)'
c~mp[omi~ or scnlcnlt.:nt. in cor.n<:clio~ With such uking or danube:. All such Ct'>l.'1lpe:l~lli\,)n. :J\Ao~.JrJs. cJ=(~:;ts. rit:;hts or ;)~\ion. ;;arwJ
proc~~ds. inc!udicg the proceeds of any policies of fire ,rod olher i,->-urar.ce ,ffeC1,ng the ProIXny, ore heret). ,~jsnd t" Bcncr.ci,,'Y.
which. ,Itcr JetJClcling thcrcrrom,1l of its e~p"n'es. including anorney. fces, r..ay appl)' th~ sam~ vn the In0cbtcJoos. T~or ilgr.:.:,
10 e~ecute such further assignments of any eompen"'lion. ,w:)rd, damages, and rights of aClion ,nJ procceJ.> :os Ek=flciary or TN'-Ice
may require.
12. At any lime and from lime 10 time on .....rinen request of Beneficiary. P"l'=r.: of ;.s fed ,nd prc..:ntalivn of I:'i, TN>! ~.J and II\<:
Agrt."1.:mt:nt for endorsement (in C:lSC of fuH recon"'c:j-;ioce, or c~nce:i1:uicn :tnu r~lc:\ti()n). without afft.:ctin~ the: lw~:iit}' uf any (k=rsun
for the p~)'mt:nt of the Indct-.tcJ~S5. Tnnt~e m:JY (a) con).l:nt to the nu~ng. of :n~. mo.p or pial of the PrC'r-:~Y~ (b) join in sr..u\tinb lin)'
C';c.em~nt ')r crc:1tlns ~n)' restriction thcn.;on: (e) jo\n in ;lOY s.uborJin;:~ioi1 or c--:hcr Jgrccm~nt arr~l.:ling this Tru.)t ~..tJ or Ih~ lien or
~hars.e Ihcrcor~ :lnd (d) reconvey. ......ithout 1oll.':lrr.'u".l)'. all or any part of 1~ P~rt)'. In any rcconveY4nce of the P~t'=ny. dlC br.1nh..."'C
ma)' ~ c~scr:bcd :.IS ....the P'=~cn or tx::-scns cntirlo;:J ~h~re:o". and [he rec:wls therein of any matlcrs or (;leu ).tul1 ~ ::l,)I'\t...iu~iY\: proof ur
Ih~ tr'JthfCllness Ihereof. Truslor agroe5 to pay re>>onable TN'lee's fco to T"",'''' for ~ny of the ",,,'ice< mcr.I:Cn.:J in this p"ra~"'p~
;mJ rc:n~cn:d by Trustee.
1.\. On ~ny dc::f:ult by 'Tiu:,tor of the lr.dehtcdnt:s.s. Bcr,cf"ic:Jrj. at a.."t)' linlC 30<1 Wl':....~out nmi~c. cilh~r in r-:~n I,r b;o- :a&cnr znJ wiL~t
n;g~hJ 10 the ::!J~quacy of ~y sc.:u:ity for t.'Ie Irwcct:.:w.:1css. rnay ~n!.C!' on :':1d t.:::~ FV~~ion of l.~C Pro?=lty. Tl"-..c t.:p.;,;r.nc; 0."\ -.:nu talin~
p..>~""""5.Sion of tl:e Property sh.Lll not C1Jn.: ::Ul)' cc.:f;.!~lt. \lo".tjyC :any Kotll..-c of ().:-:"=:.::~ :;.. :nv.1lid~h': an)' J(,.-t Jonc pt.!;":)t.:.;!:-..t to ttu.l Nl)(~"'t:.
l~. Bcne(:ci:.try. t.it its option. m:JY decbrc:11\ sums !.ccurcd by this Tru~ D<..~~ irr:medi~](cly due ar.d p:lY;.1b:c. In s;JCl'l e...~nt BcncJici.;J~'.
at its ~!.cc~ion. m3)' proc~ed 10 fon:clos.e this Trust Dc:e.d in the rrun:",.cr pro\'iJe..i ~. law for mong::lgc fox.=~osur:s. Of dir,"",.:1 the T~:.:c
to r\ln:c!o~ this Trust Deed bo;. .3Jvr.:ni>emcnt and SJ!(:. Truslce sh:lll procC"ed i;1 accorJJncc: with IJW 10 ~1I L~ ?r(\~~rty at puhlic
~uctiun to the hi&hest bidder. the pcn:h~s~ price ?;J:"Jb1e in l.:Jwful m01'::')' of L"'K tinitcu SUt(S :.:t the ti:;~ vf SJ,!;:. Any ~rslln (Xl.."'C'j"lt
TruSle~ ",ay bid '1lhe sale. T"'sl~e sh:1l1 ';>ply Ihe ;l<lxecds of the s:o.:~ 4S fo,:"",,'5: (1) to the "'penses of ...-.le, inc::.:J,ng re3>on~bk iees
"fTruslee ,nd Truslce's atlc~cy; ,nd (1) to the InJebledness sectJreu. Ar.y sc""us sh~lI be diSlribc".J to I~ IX,-".;)ns e:ltillcJ lhel\..,O.
15. For ~ny n::aSon permitted by law. Bcncfici::ll')'. at :lny time. rr.:J)' ;'F;:-oin~ or ~aus.c to be Jppoinh:d ~ ::.UCCl.:::.SO: tru~h.."I:: \l,:hl,) ~.tl:l11
succeed to :J111he title. po'olo"e!"S. cutie5 3.:1U :1uLhurii.Y of either l~C Tr..l~~ee n.:.s.:T'l:-d in this Trust D~ed or ~r.)' CUfr'::1.t suc:n.sor tru~.h:~.
16. This Trust Deed sh,lI ,pply tv, inure 10 th~ ber,eiil of anJ bind ~11 panies horeto. lheir h~i~. IegalC<:$', de,'i'--<ls. aJminist~lors,
~.l.eCUI(lrs. successors. :and :lssigns. All oblig:JtiofiS or Truslor he. rcun;..h:r Jre j0:nt :Jnd s~""crJ1. In this Tn;~t Dc-.:..!. ~'hcn...""'--cr the: 11,:11 stJ
requ\r~s. the. :i'.3.Sculin~ bt.=nJ~r incluJ~s the (,.;:minine and the si~~uiar nu:n~r indL::d~s (he pluroll.
/7. Trust" aceepts this INS! .....hen lhis Trust Oed, uuly exeC'Jtcd an.1 acL,,~'leJ~ed. is moue a publ;e recor~ as prO\'idcJ by' law.
"rust('~ is not obli);atcd to notify ;iny party un..kr l.",:!. Trust [Xed of p<::-.JinS ~!e un"'dcr any other trust ~C"t:j or 1,)( ~n)" :K"~jon in u-hich
Trustor. Beneficiary or T~slec shJIl be a party. unless lh31 action is brouS~U by Trusl~C:.
18. This TNSI Deed shall be consl!"aed accorui~g to ,he laws of the Sl:lto of W.,hinglon.
19. Truslor ...:quests Ihal. copy of .cy NOlice of De!ault and of or.)' Netice of ~\o hereunJer be IT",;le..!:o TrJsI.>r at the :address of the
Trustee >Cl for.h on thc face of lh:. TN't Deed.
~O. TruSlor covenanlS ,nd ~grees 10 anJ wilh Iknef,ci.ry.nd those c1aimin!: u:>der il.lhat TruSlor is lawfully .e;:~ in fe<: .imple oflh~
Propeny,nd has a valid uncncumbereJ litle and will .....,rrant and fore'.." .xfenu ,he some .gainst :lll pcr>o<\S .....homso.=wr.
In Witness Whereof, TNstOr has sisned sealed this TNst o..~ on th<: C;l)' ';3d 'Car i~1 a
J) _
Witness b ~- ,.
A 'lD. P~BEL
Wilneu ....~~./"..L. .
~~ER~L CAMPBELL
ACK"OWLEDGME~'T
)
) sS.:
COUNTY OF PIERCE )
On Ihe~--!IH_ day of JQY.E~tIL
.nd ~~~BELL
duly ,clnow\cdscd 10 me Ih,l lhey exccuted lhe same.
STATE OF WASHINGTON
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AGREEMENTS FORMS DISK
REPSA2.AGT
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 OFBREMERTON, 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 4331 "F" Street, Bremerton. WA , and
legally described as follows:
SEE ATTACHED EXHIBIT "A"
1. PURCHASE PRICE:
-5IK
The total purchase price is SEVENTY -~ THOUSAND po. HlllJDI2.J7D
Dollars ($ 7fT, MO. 00 ). 'TwiJ i'l^ vwrh.'J (' ..e.mA- cJ-
......... .1f 7b ,et-bo,liD . +0 ~ ft~. ."1^- oJVl\.-\'\ c€-
2. CONDITION OF TI~LE:
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 wi th 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 paid 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 - 3/13/95
..
"
not so insurable as above provided and cannot be made so insurable
by the termination date set forth herein, this agreement shall
terminate; provided, however, that Purchaser may waive defects in
writing and elect to 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,. oi.l in fuel. tank!
the amount to be determined by the supplier.
--
6. POSSESSION:
Sellers shall deliver possession to Purchaser on closing, or
days after closing~ Sellers agree to pay Purchaser the sum
of $ for each day of possession beyond date of closing.
possession shall be deemed given when Sellers have vacated 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
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 any event not later than the _ day of ,
.19' , 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 - 3/13/95
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, ~~~ 6Wney'5 ~Lanaard.L~tIe
.i.n.sllrrlnCp IHil; r~~d a.nv real esta:t..e-exc.;k.se-i::ax-re-:ta-t:ecl.-t;e-1=he
~-axe propG~Y. Real estate taxes for the year of closing,. and
utilities constituting liens against the property, shall be
prorated as of cl.osing. 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
i'BStructions 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 cqsualty, 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 heating 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
agreeinentswhichmodify or affect this agreement. Time is of the
REAL ESTATE PURCHASE AND SALE AGREEMENT -3-
REPSA2.AGT - Agreement Forms - 3/13/95
. 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.
,\\~\\qS
-. Date
CITY OF BREMERTON
BY:~ .J -Jl
LY N HORTON, Mayor
PURCHASER
DEP
or of Public Works & utilities
FORM:
Attorney
Purchaser's Address: Bremerton City Hall
Attention: Kathleen L. McCluskey, Clerk
239 Fourth Street
Bremerton, Washington 98337
Purchaser's Phone:
(206) 478-5290
*******
~ 5
On this date IS: C; , we hereby approve
and accept the sale li In the bove agreement and agree to
carry out all the terms thereof on the part of the Sellers.
;9~/ /: ~
,.~J.~
Sellers' Address:
433' 'F' 5'T
Seller's Phone:
.373- ;{Ol'-/
REAL ESTATE PURCHASE AND SALE AGREEMENT -4-
REPSA2.AGT - Agreement Forms - 3/13/95
*******
A true copy of
hereby received on
. Sellers is
~'--'
:r . R,. / SIEVERS
Bremerton city Attorney\
Agent for Purchaser
RECEIVED FOR FILING:
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Jll:[',d'LC1AL v,ASH1NC
,'.}'lOOi':BRIDGEPORT WAY SW TRUST DEED DAVID P CAHPBELL AND SHERYL I
TAC?MA"WA 98499 NOVEMBER 4TH 93. CAMPBELL (HUSBAND AND WIFE)
1 his I rust Deed made -'---:-"--P:0':'-'BOX-98TSO-'-'--'-' 19__.__._, with -......--..--------.--TACbM:A-----..-... ., .
~o~~~;t:~'_:~~~!~~~~.~~-=-~=..=_~-s-~;;~Fw~~h~~t~~-:-BENEVEST-S-ERVICES:!NC'. ,C~t\v~~I;ington -~o~orati~;'-~;T~u~,t~;c:
whose address IS ._AQ.Q..GOOP.ER....P_OINT......RILCV."..26------.. __n.. _m...__~_..__~~-------_....-----...... -....- ,
City of__"OLYMI'.lA....------------, County of .-.:r~U~...~.'!'~N___________.________, State of Wash!llgton; and
[] BENEFICIAL WASHINGlDN INC., ""
XX BENEFICIAL WASHINGlDN INC. d/b/a Beneficial Mortgage Co.,
a ~116'01reJf~'f8G~W8R'tuaMR~d ~'t.1do business in Washington, as Beneficiary, whose address is ----.-~----'------
Cit; ~f~~ ._TAC.O~--=__===...-_=====~~coun~- of __n._R-~~~!c:~:.:.:=:~~~===-==_~=-:-State ~t:-W~-~h~;~~;;;1:
Witnesseth: That Ti-ustor conveys and warrants to Trustee, iI;l trust, with power of..sale, the real property situated in the County of
_m__....:~!_'!..SA~..____, State of WaShing~lo!r ' here. after referred to as the "Property" and des.cr.ibed, as follows: ~
,,/~ "- ~
LOTS 1 AND 2, BLOCK 2~, BROOR'FrN~E[GHTS, ACCORDING TO THE PLAT THEREOF,
RECORDED IN VOLUM. E 13/'OF~l?n~TS'\p AGE\ ~\. I, RECORDS OF KIT SAP . COUNTY: . .
/_ I: ,\\\/.; \
SITUA-TE IN ~HE~K~~S~ COU\~;Y'''''WASHIN\)ON.
"'" ;,:ul~ /
'.'~~ '--/
the above described Property not being used principally for agricultural or farming !-,:prposes, together with all buildings, fixtures, and
improvements on the Property, and all water rights, rights of way. easements, rents:\ssues, profits, income, tenements, hereditament,.
privileges, and appurtenances thereunto belonging, now or hereafter used or enjoyed with the Property, subject, however, to the right.
power, and authority herein given to and conferred on Beneficiary to collect and apply those rents, issues, and profits;
[J If this box is checked, this Trust Deed is subject to a prior trust deed dated _~_Jil!>.._______~., 19_._, executed by
________._._____________.___.NLIL_.____________--'-_....::..._. as trustor(s) til
__.____~______._..______JJL~_.__..__...m_..._.._____, as trustee fi)r thl.:
bcndit of ____~_------~.----..-~----~.1A...___.-------.~----, as benefici:1ry.
securing payment of a promissory note in the principal amount of $______.NLA.._._~n___.__~___.. That prior trust deed was fikd
on .....__ , 19_~__ with the Auditor of ___~...lU.A_____County, Washington, under Auditor',.
File No. and recorded in 3vcl-: __.___., page -.---.'
o Unless this box is checked, this Trust Deed secures a Credit Line Account Agreement ("Agreement") which evidences a loan that:..
made for personal, family or household purposes.
For the purpose of securing: (1) a certain Credit Line Account A,gaeemest ("Agreement") secured by this Trust Deed by which
Beneficiary is obligated to make loans and advances up to $_~...Q. 0.__,-__, hereafter referred to as the "Line of Credil;"
(2) performance of all agreements made by Trustor in this instrument; and (3) payment of all sums expended or advanced b:.,
Be.neficiary under or pursuant to the terms of this Trust Deed, -as herein provided; and
To protect the security of this Trust Deed, Trustor agrees:
I.To keep the Property in good condition and repair; not to remove or demolish any building erected on the Property; to complete 01
restore promptly and in good and workmanlike manner any building that may be constructed, damaged, or destroyed on the Property
to comply with all laws, covenants, and restrictions affecting the Property; not to commit or permit waste of the Property; not II
commit, suffer or permit any act on the Property in violation of law; and to do all other acts which from the character or use of Ihl
Property may be reasonably. necessary.
If the loan secured by this Trust Deed is being obtained for the purpose of financing construction of improvements on the Propeny'
Trustor further agrees: (a) to begin construction promptly and pursue the same with reasonable diligence to completion in accordant',
with plans and specifications satisfactory to Beneficiary ,and (b) to allow Beneficiary to inspect the Property at all times dllrin;
construction.
2. To provide and maintain insurance on the Property against loss by fire and other such casualties as Beneficiary may require in :II
amount, for such term, and in a company or companies satisfactory to Beneficiary with loss payable clauses in favor of, and in a fUIi'
satisfactory to, Beneficiary. in the event of loss or damage, TrustOi shall give iP.1mediatc notice to Beneficiary. Beneficiary may lTl"k.
proof of loss. and settle and adjust all claims thereunder, applying the proceeds, at its option,' to reduction of amounts due under lh
Agreement or this Trust Deed or to the restoration or repair of the damaged Property. Payment of such loss may be made directly I
Beneficiary. In the event of the refusal or neglect of Trustor to provide insurance or to maintain the same or to renew the same in
manner satisfactory to Beneficiary, then Beneficiary may itself procure and maintain such insurance and charge the premium to Tru,l/
under the provisions of Paragraph 8 of this Trust Deed. '
3. To deliver to, pay for and mai[)tair. '.'v'iLl': r.c~eficiary until the indebtedness secured by this Trust Deed (Indebtedness) is paid in I'll!'
such evidence of title as Beneficiary may re4uire, including abstracfs of title or policies of title insurance and any extensions (
renewals thereof or supplements thereto. J .
4. To appear in and defend any action or proceeding purporting to affect the security hereof, the title to the Property, or the rights;
powers of Beneficiary or Trustee. Should Beneficiary or Trustee elect to also appear in or defend any such :j.ction orprocecdin~
Trustor shall pay all costs and expenses, including cost of evidence of title and attorneys' fees in a reasonable sum incurred ['
Beneficiary or Trustee. . .
S. To pay. at least ten (l0) days before delinquency, all taxes and assessments affecting the Property, to pay when due :1
encum~rances, charges, and liens with interest on the Property or any part thereof that at any time appear to be prior or superior to th
Trust Deed and pay all costs, fees, and expenses of this Trust.
6. In the event of the death of one of the Trustors,Beneficiary, at its option, may declare the unpaid balance of the Indcbtcdnc
immediately due and payable. .
RL 4 WA-20/25/80, Ed; Jan. '92
..~..) ;
.... ,,"
;'1. Should Trustor fail to make any paymem or do any act provided lor in this Trusl DccJ, ll1ClI l:kndi<.:iary urlru"l<:<:, '.\ Il..UlH
obligation so to do, without notice to or demand on Trustor and without releasing Trustor from any obligation und~r the Ag~eemeIll,
may (a) make or do the same in such manner and to such extent as either may cecrr. necessary to protect the securl~y, BenehClaryor
Trustee being authorized to enter on the Property for such purposes; (b) commence, appear in, and defend any action or proceedlOg
purporting to affect the security or the rights or powers of Beneficiary or Trustee; and (c) pay, purchase, contest or co~pronHse ,any
en<.:umbrance, charge or lien, which in the judgment of either appears (0 be prior or superior to this Trust Deed. In exer~ls11\g any 01 the
above enumerated powers whereby liability is incurred, Trustee or Beneficiary shall expend whatever amounts III the absolute
discretion of either Beneficiary or Trustee may deem necessary, including cost of evidence of title; and employ counsel and pay the
reasonable fees of counsel. On presentation to Trustee of an affidavit signed by Beneficiary setting forth facts showing a default by
Trustor under this paragraph, Trustee is authorized to accept as true and conclusive all facts and statements therein, and to act on that
affidavit as provided in this Trust Deed.
B. TrJ pay immediately and without demand all sums expended hereunder by Benefic,iary or Trustee, With. interest' from date of
expenditure at the Finance Charge Rate in effect on the account until the loan is paid in full. Should Trustor fall to pay these amo~nts .
Beneficiary may add these amounts to the Unpaid Balance and Charge interest at the rate in effect on the account. The repayment of all.
such sums shall be secured by' this Trust Deed.
9, If Trustor voluntarily sells or conveys the Property, in"whole or in part, or any interest in that Property or by someJ~ct or ml.:ans
Trustor is divested of title to the Property without obtaining the written consent of Beneficiary, then Beneficiary, at its option, may
declare the unpaid baJance of the Indebtedness immediately due and payable. This option shall not apply if (I) the sale of the Property
is permitted because the purchaser's creditworthiness is satisfactory to Beneficiary and (2) that purchaser, prior to the sale, has,
exel."Utt..'d a written assumption agreement containing terms prescribed by Beneficiary, including, if required, an 'increase in, the rate of
intere~t p.ayable under iile Agreement.
10. Trustor' will 'pay and keep current the monthly instalments on the prior trust deed and to prevent any defa~lt thereunder, Trustor
further agrees that should any default be made in any instalment of principal or any interest on the prior trust deed, or sho~ld any suit be
commenced or other action taken to fore~lose the pridr trust deed, then the amount secured by this Trust Deed shall become and be due
and payable in full at any time thereafter, lit the option of Beneficiary and in accordance with the Agreement. Beneficiary, at its option,
may pay the scheduled monthly instalments on the prior trust deed and, to the extent of the amount so paid, become subrogated to the
rights of the beneficiary identified in the prior trust deed. All payments made by Beneficiary on the loan secured by the prior trust deed
shall bl} added to the Unpaid Balance on the account with interest at the Finance Charge Rate in effect on the account.
II, Should the Property be taken or damaged by reason of any public improvement or condemnation proceeding, or damaged by flre'or
earthquake or in any other manner, Beneficiary shall be entitled to all ct-mpel1satiofJ, awards, and other payments or relief therefor, and
shall be entitled at its option to commence, appear in and prosecute in its own name any action or proceedings, or to make any
compromise or settlement, in connection with such taking or damage. All such compensation, awards, damages, rights of action, amJ
proceeds, including the proceeds of any policies of fire and other insurance affecting the Property, are hereby assigned to Bencticiary,
whil'h, after ded~cting the~efrom all of its expenses, including attorneys' fees, m~y apply th~ same on the Indebtednes~. ,Trustor agrees
to execute such further assignments of any compensation, award, damages, and fights of action and proceeds as Benel1clary or Trustee
may require. .
",_.
12, At any time and from time to time on written request of Beneticiary, payment of\~s fees and presentation of this Trust Deed and the
Agreement for endorsement (in case of full reconveyance, or cancellation and retention), without affecting the liability of any person
for the payment of the Indebtedness, Trustee may .(a) consent to the making of any map or plat of the Property; (b) join in granting any
casement or. creating any restriction thereon; (c) join in any subordination or other agreement affecting this Trust Deed or the lien or
charge thereof; and (d) reconvey, without warranty, all or any part of the Property. In any reconveyance of the Property, the grantee
may be described as "the person or persons emitled thereto", and the recirais therein of any mallers or facts shall be conclusive proof of
the truthfulness thereof. Trustor agrees to pay reasonable Trustee's fees to Trustor for any of the services mentioned in this paragraph
'and rendered by Trustee.
13. On any defauJt by Ti.ustor of the Indebtedness, Beneficiary, at aily time and without notice, either in person or by agent and without
n:gard to the adequacy of any security for the Imlebtedness, may enter on and take possession of the Property. The entering on ano laking
!x)ssession of the Property shall not cure any default, waive any Notice of Default or invalidate any act done pursuant to that Notice.
14. Bt:neficiary, at its option, may declare all sums secured by this Trust Deed immediately due and payable. In such event BenCliciary,
at its e\ection, may proceed to foreclose this Trust Deed in the manner provided by law for mortgage foreclosures, or direct the Trustee
to forl.:close this Trust Deed by advertisement and sale. Trustee shall proceed in accordance with law to sell the Property at public
auction to the hig\:1est bidder, the purchase price payable in lawful money of the United States at the time of sale. Any person except
T~uslee may bid at the sale. Trustee shall apply the proceeds of the sale itS follows: (1) to the expenses of sale, including reasonable fees
01 Trustee and Trustee's attorney; and (2) to the indebtedness secured. Any surplus shall be distributed to the persons entitled thereto.
15. For any reason permitted by law, Beneficiary, at any time, may appoint or cause to be appointed a successor trustee who shall
succeed to all the title, powers, duties and authority of either the Trustee named in this Trust Deed or any current successor truste~,
16, This Trust Deed shall apply to, inure to the benefit of and bind all pallies h(:,-',':.;o, their heirs, legatees', devisees, administrators,
executors, successors, and assigns. All obligations of Trustor hereunder are joint and several. In this Trust Deed, whenever the text so
requires, the masculine gender includes the feminine and the' singular number includes the plural.
},7. Trustee accepts this trust when this Trust Deed, duly executed and acknowledged, is made a public record as provided by law.
,Ifustcc IS' not ?b~lgated to notify any party under this Trust Dced of pending sale under any other trust deed of of any action in which
1rustor, Beneflctary or Trustee shall be a party, .unless that action is brought by Trustee,
18. This Trust Deed shall be construed according to the laws of the State of Washington.
19. Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to Trustor at the address of the
Trustee ~et forth on the face of this Trust Deed. . .. .
20. Trustor covenants a~d agrees to and with Beneficiary and those claiming under it, that Trustor is lawfully seized in fe1: simple of the
Pror:rty and has a valid unencum~red title and will ~arrant and forever defend the same against aU person~horlsocver.
10 W,""'" Whe<eof. Tro,tot h" "good' ",a1od thos Tm" Deod 00 tho . y aodJ~ '0;' ah~ 0 "{il"~~ l
Witness ;i-z-v>~ ~ -- ~~~/~ \
DAVIDP IC . i'~E'~ TrUft~t\ ,.Y \\
Witness ~J /4J,L--\~' e~L---j?~L<'" .-e~l
~YL- tY~AM1?Brt~r 'J .,.,-
ACKNOWLEDGMENT ~ :
STATE OF WASHINGTON )
) sS.:
COUNTY OF PIERCE _)
OJI thej" 4TH_-,- day of NOVEMBER. _ ___, 19----.9.3., personally appeared beton.~ me, DAVll_.P.-CAMF.BELL____m_
and _~H.~RYL J~_ CAMPBELL________._____________.:...., spouses, the signers of the above instrument, who
duly acknowledged to me that they executed the same.
My commission expires ~I.lNE.-liTH._____, 19__91._._
Notary Public