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HomeMy WebLinkAbout9607150019 "'11 Filed for Record at Request of: When Recorded Return to: Bremerton, Washington 98337 KITSAF COUNTI' $9.00 CHCK FIlED-BV: BREMERTON CITY OF Jut 15, 1996, 9:23 AM KAREN FLYNN, AUDITOR CLERK: GROSS A~F=.: 9607150019 Name Bremerton City Clerk Address 239 Fourth street 4325 "F" Street - Crumpton STATUTORY WARRANTY DEED (For Use in the state of Washington Only) THE GRANTOR, FRED CRUMPTON and DOROTHY M. CRUMPTON, 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 3 AND 4, BLOCK 24, BREMERTON HEIGHTS, ACCORDING TO THE PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 41~ RECORDS OF KITSAP COUNTY, WASHINGTON. DATED this '7 day of I 0 , 1996. NO 50J-~ KITSAP GOUNTV TAANgA~TION EXCISE TAX ~~ FRED CRUMPTON )-:A1l'~ 'ltt-I'~ DOROTHY M. CUMPTON STATE OF WASHINGTON) ss. REEL 0918 FR 3395 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 FRED CRUMPTON and DOROTHY M. CRUMPTON, husband and w~fe, to me known to be the individuals described in and who executed the within and foregoing instrument, and acknowledged that \\ STATUTORY .WARRANTY DEED -1- CRUMPTON.SWD - West Hills Closings - 5/23/96 '. , they signed the same as their free and voluntary act and d~~~, for the uses and purposes therein mentioned. this A.F._: 9607~50019 REEL 09~8 FR 3396 STATUTORY WARRANTY DEED -2- CRUMPTON.SWD - West Hills Closings - 5/23/96 PURCHASER'S CLOSING STATEMENT 4325 "F" STREET, BREMERTON, WASHINGTON SELLERS: FRED CRUMPTON and DOROTHY M. CRUMPTON PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION: LOTS 3 AND 4, BLOCK 24, BREMERTON HEIGHTS, ACCORDING TO THE PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 41, RECORDS OF KITSAP COUNTY, WASHINGTON. Total Purchase Price AMOUNTS DUE/PAID SELLERS $70.000.00 Cash payment payable to Sellers at Closing $70,000.00 ADD Purchaser's Closing Costs to Cash Payment Payable at Closing: 1% Real Estate Excise Tax (1.78% - Kitsap County Treasurer) $1,246.00 Title Insurance Premium (Land Title Insurance Company) 314.57 Recording Fee for Statutory Warranty Deed (Kitsap County Auditor) 9.00 Total Purchaser's Closing Costs $1,569.57 $ 1,569.57 TOTAL CASH REQUIRED FROM PURCHASER TO CLOSE $71,569.57 NOTE: It is understood by all parties hereto that this closing statement is subject to audit and should there be any errors or omissions, they are to be corrected. Further, if any legitimate monetary error is discovered , it is to be assessed and immediately collected from the party or parties liable therefor. ACCEPTED AND APPROVED this / D , 1996. y- Attorney PURCHASER'S CLOSING STATEMENT CRUMPTON.PCS - West Hills Closings - 7/3/96 SELLERS' CLOSING STATEMENT 4325 "F" STREET, BREMERTON, WASHINGTON SELLERS: FRED CRUMPTON and DOROTHY M. CRUMPTON PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION: LOTS 3 AND 4, BLOCK 24, BREMERTON HEIGHTS, ACCORDING TO THE PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 41, RECORDS OF KITSAP COUNTY, WASHINGTON. AMOUNTS DUE/PAID SELLERS Total Purchase Price $70,000.00 Cash payment payable to Sellers at Closing $70,000.00 REDUCED BY Sellers' Closing Costs: Second half Kitsap County Property Taxes owing for 1996 - amount shown is amount owing from 7/1/96 through 7/10/96 - quoted by Kathy Thompson of the Kitsap County Treasurer's Office (Kitsap County Treasurer) 12.04 Total Sellers' Closing Costs $12.04 ( 12.04) ACCEPTED It"is understood by all parties hereto that this closing statement is subject to audit and should there be any errors or omissions, they are to be corrected. Further, if any legitimate monetary error is discovered, it is to be assessed and immediately collected from the party or parties liable therefor. AND APPROVED this " day/ of l 0 , 1996. ~~ C/~ FR~ CRUMPToN ~ ~~1fJ. ~ DOROTHY M. RUMPTON SELLERS' CLOSING STATEMENT CRUMPTON,SCS - West Hills Closings - 7/3/96 REAL ESTATE PURCHASE AND SALE AGREEMENT IN LIEU OF CONDEMNATION 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 4325 "F" STREET. BREMERTON r WASHINGTON, and legally described as follows: II ~~~~, FC-~.M&4 The total purchase price is SIA'.n: l'".lV.t; '!'uuu::>AND Dollars ($6f3. 000. no-) . '/ ()I Cl 0 OK' \~ 2. CONDITION OF TITLE: ~p TAX ID NUMBER: 4502-024-003-0002 BREMERTON HEIGHTS BLK 024 LOT 3 & 4 1. PURCHASE PRICE: €C I) N1.~ 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 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 exc~ptions other than those provided in said standard form plus REAL ESTATE PURCHASE AND SALE AGREEMENT -1- REPSA2.AGT - Agreement Forms - 12/29/95 "'\ encumbrances or defects noted in paragraph 1 above. If title is 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 oil in fuel tank, the amount to be determined by the supplier. 6. POSSESSION: I.() Sellers shall deliver possession to Purchaser on closing, or ~ ~~ 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 /I 9. TIME FOR CLOSING - RESPONSIBILITIES OF PARTIES: The sale shal~~e closed in the office of the Bremerton city Attorney wi thin -4-5-l.l1.flays after preliminary commitment for title policy is delivered .~~ng title insurable, as above provided, but r7' ...~ in aIll. event not ~tnan the ~ day of q(l O~ ' ~~ 19 q '(0. , llt30R which Qat.<=> t-hp r1C]Tf'!emf'!nt- s;;hall t-prm; nnta. The M~ REAL ESTATE PURCHASE AND SALE AGREEMENT -2- REPSA2.AGT - Agreement Forms - 12/29/95 Purchaser and Sellers shall deposit with the Bremerton city 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. Any assessments shall be paid by the respective Sellers. Real estate taxes for the year of closing, and utilities constituting liens against the property, shall be prorated as of closing. The owner's standard title insurance pOlicy, real estate excise tax related to the sale property and other closing costs shall be paid by Buyer. 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 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 REAL ESTATE PURCHASE AND SALE AGREEMENT -3- REPSA2.AGT - Agreement Forms - 12/29/95 , . agreements which modify or affect this agreement. Time is of the 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. "lJ-S 19t Date CITY OF BREpE1TON BY:~ 4.1/.-1- LY N HORTON, Mayor PURCHASER of Public Works & utilities Attorney Purchaser's Address: Bremerton city Hall Attention: Kathleen L. McCluskey, Clerk 239 Fourth Street Bremerton, Washington 98337 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. x:uJl ~ J-:~JWJ'~4~ Sellers' Address: 43~5'\ IC< S!-V~. Seller's Phone: 3hO- 2fB~/S5'1 ('I\r.Cr~ '.Lf37- {<{-5fJG7-4 Vt{ r.s.~" ~3S--3()'-;;27j(o "- --/' REAL ESTATE PURCHASE AND SALE AGREEMENT -4- REPSA2.AGT - Agreement Forms - 12/29/95 ******* A true copy of hereby received on the fOreg~g agreement signed by Sellers 0- ~ -r1/1~. ~~VERS Bremerton city Attorney\ Agent for Purchaser is RE\:OR~~ KATHLEEN L. McCLUSKEY, CITY CLERK REAL ESTATE PURCHASE AND SALE AGREEMENT -5- REPSA2.AGT - Agreement Forms - ~2/29/95