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HomeMy WebLinkAbout3012250 Filed for Record at Request of: When Recorded Return to: 1111111111111111111111 BREMERTON CITY OF DEED$S . 88 3012250 Page: 1 of 2 84/15/87 88:38A ~ tsap~ol WA Name Bremerton City Clerk Address 239 Fourth street Bremerton, Washington 98337 4313 "G" Street - P. Davis Document Title: statutory Warranty Deed Reference Number of Document Assigned or Released: Not ~pplicable . EXCISE#.23q/~ Grantor s Name: Pc;ul T. Davls BYKITSA~$ APR 15 1997 Grantee's Name: Clty of Bremerton Abbreviated Legal Description: LOTS 8, 9, 10, 11, 12, 24, 25, 26, 27 & 28, B21, B. HEIGHTS, EXC. PTN. OF LOTS 10 & 11 TAKEN BY USA, AND EXC. PTN. GRANTED TO STATE UNDER AUDITOR'S F. NO. 991124; EXC. W. 10F OF L28. (Additional legal on page 1 of document) Assessor's Property Tax Parcel/Account Number: 4502-021-008-0003 STATUTORY WARRANTY DEED (For Use in the State of Washington Only) THE GRANTOR, PAUL T. DAVIS, as his separate property, 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: LOT S 8, 9 , 10 , 11 , 12 , 2 4 , 2 5 , 2 6 , 2 7 AND 2 8 , BLOCK 2 1 , BREMERTON HEIGHTS, ACCORDING TO THE PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 41, RECORDS OF KITSAP COUNTY, WASHINGTON; EXCEPT PORTION OF SAID LOTS 11 AND 12, TAKEN BY THE UNITED STATES OF AMERICA; AND EXCEPT PORTION GRANTED TO THE STATE OF WASHINGTON FOR STATE HIGHWAY NO. 3 BY DEED RECORDED UNDER AUDITOR'S FILE NO. 991124; STATUTORY WARRANTY DEED -1- DAVIS.SWD - West Hills Closings - 4/10/97 EXCEPT THE 1111111111111111111111 BREMERTON CITY OF DEED $8,aa WEST 10 FEET OF SAID LOT 28. I(~~ ~' ' day of.. "----^--~ ~~~ PAUL T. DAVIS 3012250 Pag~: 2 of 2 a4/15/97 a8:38A Kit~ap Co, WA DATED this , 1997. STATE OF WASHINGTON) SSe 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 PAUL T. DAVIS, to me known to be the individual described in and who executed the within and foregoing instrument, and acknowledged that he signed the same as his free and voluntary act and deed, for the uses and purposes therein mentioned. t' Ii-I- c~~er my hand and l~~~~cial seal this d~.~,.:~~1;'~:;~;")';f"I'f": _~. ~'" ,It~..f."_".., 0 ,--....... J' . ~~. . '.,. -t~" ~ - C:,- ..~. ..}\. ~'j~ . I ..., _ fJ ... Q; . ',_ ' \- ,.., C / N I'. I " :,;:":).'.o' ,\-1 r,{J _ tJ,.. '0. ,(\, S .~ _.......~?... flt ,,-- - N9ta7"Y '. ublic i,n ,a d fof, t:he ~~~~ ~c:t-..._"r:.-;; ~ II> ~; ---Washlngton, resldlng atf1)l +('(r::f\~K:o,&l~t' :.':..:g ~ My appointment expires: IO/.:::L.~":~4.~',I-l(}'<;~<<f~.1 "'... ~ ;;/~~;~~~ ~~~~~~~;~~~{, STATUTORY WARRANTY DEED -2- DAVIS.SWD - West Hills Closings - 4/10/97 'l~nllll!1i' I\\U@. ~:f? ~. .. ~~fY.~f~ STEWART TITLE COMPANY THIS SPACE PROVIDED FOR RECOROER.S USE "A Trodilion of bcd/tnct" FILED fOR RF.CORll AT REQUEST OF KITSAP COUNTY $9 GO STC FILE[ BY: STEWART TITLE CO OCT , 1995, 10:32 N1 KAREl FLYNN, AUHTOR CLERK. E:EVANS (6512020058) I A_h_~: 9S~004007~ REEL. 0878 FR ~649 .....HEllItECOROED RETURll ro l',,,nC' TillIO. INC. 40l(K) P. S. TRUST .A..$.!f't"\., P. O. Box 492 CII. 5uo>c. Z~ Gi~ ~rbor. ~A 98335 Deed of.Tmst (For Us, in 11:, SIOlt of H eul:mglon On~I") THIS DEED OF TRUST, m~de this 4th day of October ,1995 bet....-een PAUL T. DAVIS, a sinRle man , GRA:-''TOR, I:WhoSC3ddlessis 1170 S.\.I. Bay Street, Port Orchard, HA 98366 STE\VA RT TITLE COM PANY orKit5.p Counly,lne.,a corporation, TRUSTEE, whose addr.,.. Is 9951 ~licktlb(fTY :~ ~ Road l".W~ Suite 201, Silnrd.I., WA 98383 I- t=: LINDA K. TALLMAN TRUSTEE, TALMO, TIlC. 40l(K) P. S. PLAN AND TRUST BE"EFlCIARY I- - - -- ,'" 0: ~: ~ whose :l.ddrm is P, O. Box 492, Gis!: Harbor, I~A 98335-0492 , ~ ~ WITl"ESSETH: Grantor hereby b~rgains, sells and conveys to Trustee in Trust, with power of sale, the following dcscri!x<l real ~ ~ property in KITSAP County, Washington: C:l LEGAL DESCRIPTION AND ADDITIONAL TERNS AND CONDITIONS INCORPORATED IN EXHIBIT "A". fa "''HICH BY THIS REFERENCE IS ATTACHED HERETO AND HADE A PART HEREOF. E ! IT IS UNDERStOOD AND AGREED TilE PROMISSORY NOTE SECURED HEREBY. .SH~L~._.B.E..PAID, IN.., . FULL ON OR BEFORE OCTOBER 10. 1999. .; ~. OR TRANSFER Nry RIGHT; TITLE OR TRUST. TilE PROt1ISSORY NOTE OF DUE AND PAYABL~ ~N. FYLL., ," _., IN THE EVENT THE GRANTOR HEREIN SHOULD ASSIGN INTEREST INTO THE PREMISES UNDER THIS DEED OF EVEN DATE SECURED HEREBY SHALL BE HIl-\EDlATELY . ~ " . ," ............-- ....hich rC':31 prop<'fty i\ noe u...cd principJl1y (tlr 3griculluf31 or (;Jrmin; purposes. Itlr~lhu wilh :Ill the' 'C'nemt:nl'l. h(rediu~. and appuntnancn ~ or h(rc~f1cr thereunto bclo".:ing or in Jny .....i\( Jppc:-rt;Jinin~. Jn~ the: rcnU., ihUCS ::and profits thcrcor. Thii dC'td h for the purpo!t.c or ;\c:curint pcr(ormJnce or (~ch .greement or lranlor herein conrain('d. Ind p~:rmcnt o( thnumol" : 'TE~r THOUSAND AND NO/IOO (SlO,OOO (0) Doll", .....ith inlcrC'\I. in accord3nce 'Wllh the term, or:l prominory note of (Ven d.Jtc: hC'fCWllh. p3)"1ble to BcnC'CtciJry or order. 30d 0\3dC'~' GnnhJr. 'N .11 rtl>C"'.I\. m<><ljfiolions'M olensinns Ihcrt:ur. ,nu .1>0 such runher 1ums " mJ)' be adv.nccd or 10.ne<1 by Benefic;,')' 10 Gr.lnlur. or Jny of their "ucct~~on or anig:m. '~clhcr wilh inlcTn1 lhereon 31 such r3tc ..1 shall be ~~rccd ulX'n. Ol.t To proctn 1M security or thi, Deed or TrUll. Gr3nlor C()'lo"'Cn~nIS ;md 3g~CS: I. To leer the pmpeny in good eonJition :u\C.J rcp:lir: to ~rmil no w3stC thcn:or: tn comp1c'~ any buih.JinC. !,UUClun: or imrnJl.~n'<nt h..:inf buill Of about 10 tk:- bUill lhereon: 10 re\lore prurnplly any building. tiNcture or imprO'V'Cmcnt ,hereon 'A<hich may be d;,mat;ctJ or do.lh.~c\J~ :and 10 comply .....illl :a1l1J\lr"\. onJin:mccs. regulalion,. C()'locn~nn. conJilions :1nd t'CJtrtCltOM .affecting the propcn)'. lPB No. n /' .\....... .' 'I 1. T., M" tt.:(t'f'f ..Jdinq,u-:nt i111 bwful t~ttS :and :a\~n",<nU upon ltic propc~y::to lccp lhc'propcny free and den or all Olhcr durfCt: He"" ur t:f'II.."\Jn~r.Jn..'~ in'r;Jiri"~ lh.: ~uril' c..( th... Deed or Tru'-l. - .1. .Ti. L,,"\l' 211 hui1din~:'( ntrw n~ hc~~(I(r ((("('ted nn (he I"mpcny dn.cribol hen:in conlinu()\nly insurtd ag3inst Iou by (irt or olh.:r h.:a.nn:h in an ~ml')\lnI "'.. I,~, ltun Ih.: h...~1 J.:t'tt ~('"fC'\.I ~' thi~ [Xed of Tru,,". All policin 5h~1I be' heM by the tkndiciuy. and be in such coml'~"ic, n lhr: Bc:nerKi.3t). ~y :lrrn,,~;anJ ~< If1"'\,' r~-3f',lc fir~ In Ihe Beneficiary. as ill inlcrcu nuy appc:u. anJ then 10 Ihe Gunlor. The amounl collccled under .ny inwnn.:e po1i~) ,,~. "" '1'1'1""-1 up"n .ny in<!eb,ro""", herd')' .ecured in ,uch order .. Ihc Bcnelici.ry ,h,1I del.rnlin.. Such .pplie>tion ~. the Ikner",u'). >h,1I "'" nu'" di,.-on,inu,,,,. N ,ny pmc...dinp 10 (oreclo", ,hi. Dud N Tru<l. In lhe evenl of (o='",ure. III righl' o( the Gr.tnlor in iMU"rw:. polKieS then in ~,,<( ,hol\ p..' 10 ,he purch,,,,r lllhe (orcelosure .,1.: ..J. TI' tkrenJ :any "":ti,,n or procCNinJ rurponinr 10 .frecllhe K'Curily hc:~oI' or the ri~hl$ or J'OWC'n of Benefici~ry or Tru'\tce. 1.-.J 10 pzy all COSIS and ('r-:n~~. includinr Clht or tillc SC'~rch and ~lIornq-s rcn in I re~:o.on~ble amount. in any such action or proccedin~. :and in arty wil broo,hl by B.:ner..ury 10 forecl.,,,, Ihi, o.:c~ o( Tru'l. ~. Tu r>Y .11 C<"". (ccs ,n<! ..pen... io eonrw:clioo wilh this De.d or TruSI. irw:ludinc the ..pen"'. o( the Trust.. incurred in enrorcing the obliealion "","\1m! he,.t>y .n<! Tru".(', Ind 'lIllmcy', r... 2<lu,lIy incurred. .. provid.d by ,,"u,.. 6. Should Gr.;Jntor !.lit to p;ry '\Il'hcn due Iny U1($. aneumtnlJ. insunACc premiums_ liens. cncumbnnces or other ch~rlC:s Jpim.r the property herei""b<,..: d(scribed. ne""lici,,>" nuy P'Y Ih. ume. "n<llh. lmounl so p.id. ...ilh inlere>! .. Ih. <>1. ,el (orlh in Ih. no'. s.cur.d here~.. wll be 1~~C<l h' ,n<! l>cromc I 1"" of Ih. debt secur.d in Ihis D..d o( Tru\!. IT IS MUTUAllY AGREED THAT: 951.0040071. " In t~ C"cnl ~~ .ponion of tM propcny is t:llc:n or d)rTUfCd in ~n cminenl donuin proccedinl. the enlire Imount or Ihe 3\oloud or suc!'l ponion as m:1Y "" necnu<) 10 fyll)" ..".f) lhe obhp"on Kcured herc~.. wil bc pooJ '0 Ikner,;;,') to bc 'rpl,.J 10 .,iJ obhplion. 1" R, X:QJtf p:.::L":.! U ~.~' J,.:.r:J ~..;:!:d t.c~ ,!;t:t.b G:.L~. E%~~r~~0 d'~ ~'J: )l.2'he i:. I:lf"..: JrJ r:::;:::.": P~T"'( ;~.=~ .~..e;) ~ of ~J ('l(hc-r SUflU W) K'Curcd or 10 declare deraul~ for f~ilurc to so p~". ). The Tru.... wll reconv.y.1I or.ny P'rl ,,(,he properlY c"",red by ,hi. Du~ ofTruu '0 th. person .n,illed ,herelo on ...rillen reGuCSl 01 the Gronlol ~nJ lhe Scncr,,:ul)". or uf">n S-lliJb..,,,,n oIlhc obfifJlion )o('1."urc-J .2inJ ... riuen f'C-luC'St (.....r rr~"n\e~'Jn...t nuJe t,. the 8<n<(i.:iJr~: Of L"''': ;-<rs.con t:uiLlrJ lhc:rcto. .' ..s. l:~ dc!..wh ~ Gr~nlot In lhe: Mmcnt of.1~ jnJct'tlC'dnc~ SoeC\lfC'd fi"crc~. or in the pcrfvmun.:e o( In~ I,re-erne-nl Cunulnc.j l\C:t'ln. a.!J Wr."".11.e:UTt'.J tk:rc::, ".-...UI ~.t:"'.C"'':..:Jr(i)' Ga:~;r:-L ~ Jr': ~JCt~ U' C:"..c ~F(.,,:n v{:..~ E..::-.c:(.-.-u.-:. I" s.....::: ;:-.C7.! L-"j l.p;n 1or.~:1 :::.,~;.;.{ c..:::e::..::.J...;. 1.-..s::--! ~_J.:: s..::: lhe lru" properly. in "cord,ne. wilh the D.ed of Trust Act of the 5,,,. o( W..hington. at public luclion 10 the high.st bidder. Any pe""" uc<?< Trustee ~ bid at Tru".... ..Ie. Tru,le. .h,lI 'rpl).lh. proc..d, o( t~ ..Ie .. (oll",,~: (II 10 ,h. ..pense or Ih. ..I.. including I r...on>ble Tr~u<'" re. Ind .norocy'. kc: I~llo the obliplion secur.d 1>). Ihis o.:.~ or TruSl: ()) Ih. .urplu.. i( Iny. sh,lI be distribuI.d 10 the persons enlilled thc:c:o. 5. Tru.,ce sh.>JJ deli,<< 10 th. pureh,scr'l Ih. ..Ie ils d.ed. ...i,hout .."r",nIY. ..hieh wll con'.cy 10 Ih. pur.h...r t~ inlelest in the properly "hich G~nlor hJd Of' tud I~ "'.......tr 10 comC)' :11 1~ limt or his cU'\:ulion. o( this Deed oCTcuit. and such u h~ m3Y h~\-e acquired Ihc:rt~(ter. Trust<<'s deed shall rceile I~ fXl. sh<- in, th,llhe ..Ie ...., conduCled in c""'pli,,,,,. wilh ,11 ,he requirements N I,... Ind or ,his D..d o( Trust. ..hich rcciul ..'ull be prim, (xi< ("\"\dencc 0( such cC'mpliJnce ~nd conclusive evic.f-:ncc th<r<o( in rJ\"Or or horu fide: purdu~r ~nd encumbnnccrs for ~Iuc. 6. 1"he J'O""''''tr 0(,,311( C"nrerret.! ~'Ihis Dc~J f1CTruo;,t :1OJ t-ry the: o..."\:d of TrUSI ACI oflhc St;,(e of \\'3~hin~ton is not an eJ.c1usivc remed:r: Ben.erlcury m.:l)' OUK ,his Ded of Tru" 10 be foreelo><d .. , ",orlp~e. 7. In Ihc C'-cnt of the d~Jth. in.::1rJ(il~". disJ.hility. or rC')i~n.Jlit\n or Tru'ICC:. Ikn.:'r.ci~f)' m~' .2pJ'Oint in wrilin, a succenor 1n:1tce. Jnd upon the rcc-onJin, {'I( wch 'Pr',inlmcnt in tl-k:' "",ln~ar~ rc(ord~ o( the cl....,nt~. in ",hich Ihi" (Xed ofTI'\I'!ro1 i1i r<:cOId(d.lhc: Succcs\or tru\tcc ~II be \t:uC1:i ....ith III f'O"'(rJ of the od,irullcust(~. Th.: I"'~t~< j,. ",\I "t'tli~:lh.~ tn ",,,iC) '"y ran)' hereto of p.:ndin~ s31~ unt,kr an)' OIhcr ~C'd 0( TI'\.I~ Of c( In)" K1ion or procC"C'dinJ in ..hK.-h Gr:mlor. Tru~I~(, or B-:ndi\.'i:sry )hJII b.: ~ p.:lnr unk)s such OKtion or pro..'cedinr i1i brou~ht b)- the Tru\lec. I. This Deed of Tru~1 :lrplh:~ h' jnur.:,. hI Ih~ ~n(rlt of. ~nJ ill hind in, n04: only on the pJnics herelo. bUI on Iheir hcir\. dcv is.c-c 1. legJtets. 3dminiJtr:210n. e\('cu1on, anJ 3,)i~n~, The Icrm B..:ndt...-i:H)" ~}ull OleJl\ (he holder and O'401:r or the note secured hereh-). ....hc:thcr ~ not rumed ,as B<nc(ici:3f)' herein. NOTA;N PUBlIC STArE Of WASHINGTON V8lMS R. LEWIS Mt ."~ t.cc*.. JUN 23. 1991 STATE OF WASHINGTON. ] ss. Counlyof PIERCE I hueby cerlify th:n t know or h3\"e s;J,llsfactory .';dence ,h,t P AU!. T DA VI S i.,he penon.. ho "prc>re~ before me. Ind uid perlon Ickno...ledred Ih., l_he_1 siJned Ihi. in..ru- menl Ind .clno....kdC.d illo be hi !I fr.e and \"olunuf)' Jel for Iht uses and purposes mcnlioncd in Ihis inuC1Jrnenl. t. D".d: r c -( i-t.<.... L.j /7";j , 7)1;f~ It ~ ^'OIOfJ Public in ~ltIdfM '/""'jorr of Il'o'/''''fum, midinr or 0 j flu.A/~ . My oppoinlm'nr upifn (- 1- -:; - 5d' ~0C7(i)0~ YA r. DAVIS ~_~_~: 7JleO~OO~1 REEL 0878 FR 1650 STATE OF WASH1SGTO:-l'1. 5S. CounlY of I ((nify th:lt I kno",' or h.3.\"t S3tis(~clory evidence th:1I is the I'urlon who Iprc2red berore me. and said puson Ickno..lotdrt'"d thJt (_h._I ,igned Ihis inurunl.nl. on ol,h ..lied Ihot ~ulhorilcd to tlleCule 1~ instrument and acknowledrcd il 11 the of 10 be the Cree :lnc.f yolunlary Ict oC such P3UY for Ihe U~C1 Ind purpo~cs mentioned in this instrument. O"e~: ""Olary Public in and for Iht' Stau of IVashinJlon. r~JiJi", 01 Af)" appoinlnltnt ~.Tp;rt1 REQUEST FOR FULL RECO:'-iVEYANCE Do IW( rrconl. To br lucd Dilly uhr" nOlr IWI brr" r(,id. TO: TRUSTEE. The u~hi,ncJ j, I"" lo:t.J1 ,N ncr ;lncJ ho\l~,'r u/lh.: """~c an.J :..1I1"h<r inJd"llcdn..."M Jo<<urnJ t." II\.(.... ilhi" (xC'd u( TN'" SJiJ Rf."(, h'r(,I~f 'II iln Jill \1ilh,:f ,ftJd'...t"Jn.:.... )o("~urN b) ~i.J 0ttJ ul Tn".. ~.a, l\...'cn full)" p~lfJ ~n.J '-.JII,rIC&J: ;,nJ ),... .II( herd". "r(quc~e..J :mJ JIfC'\:lN. ttlft pJ~ "~". 10)UU.K Jn~ )un".,.,. ln~ 1.' ~uu unJ....r lhc Icrn"l' ,'I to.Ji~ ~'('.J vi T"'..... ,... OIl"1.:d ~IJ ""tf~ ;al"lo."c n'l('nlllln<'d. ::and;all olho..' c-..Wkn.,:t'l u/l...!ebtcdfW'')s ~'Uf'('d t,. ~kI o.:...tJ t" TN'I ddi\crn.! hi ),,., ho:n-oo. it"" h'f"C1~1 .'11\ II\(> '-3.... IX-cd 01 Trv.... 1n.J hi "'CCln\9. _lIhnul ....:uun'y. 10 the partlC'\ ""'="'urrulnJ by IhI: lCrln,. 1M ~h.llA.....J l'I( Truitt. alllho..- ""1.110: no._ ho..-IJ t"I) ),'" Ih.:rcu~r [h'N .19- . , EXHIBIT -". LEG1.L DESCHIPTION (~ LOTS 8, 9, ACCOIlDIIIG TO W"SHIllGTOIII 10, 11, 12, 24, 25, 26, 27 AlID 28, BLOCIt 21, BREHERTON B!:IGHTS, PLAT' Ill:COIlDED . III V'bLUHi 3 or PLATS, P"G!: 41, III JUTSAP COUI/':-r, EXCEPT PORTION or SAID LOTS 11 "NO 12, TM!:N BY TII!: UNIT!:D ST"T!:S or AlU:RICA: "110 EXCEPT PORTIOK GIUNTED TO STATE or W"SHIlIGTON FOR STATE: DIGHHAY NO. 3 BY DEED Ill:COIlDED UIIDER "UDITOR'S rILE /10. HUHJ EXC!:PT TII!: W!:ST 10 rEET or SAID LOT 28. PARCEL B. A.F.#: 95~0040071 REEL 0878 FR 1651 TII"T PORTION OF GOVERllM.P.:llT LOT 1, S!:CTION 34, TOlrnSHIP 24 NORTH, 1U1IG!: 1 EAST, W.H., III IUTS"P COUlIT!, WASHINGTON, DESCRIB!:D 1.S FOLLOHS. B!:GINKINO AT A POINT 832.50 FE:!:T EAST or TnE: SOUTHWE:ST CORllER OF SAID GO\rt:R.'IH:!:lIT LOT 1, Tm:HC!: NORTH 16 4 0 FEET, HOR.!: OR LESS, TO THE GOVERlIH!:lIT HEA/lDER LI/lE; THEllCE /lORTH 720 EAST ALONG SAID HEAlIDER LIllE 197.15 FEET, THEIIC!: SOUTH 835.23 rEET,. TIIEIlCE EAST 300 FEl:T TO THE EAST LI/lE OF SAID LOT I, TIIEIICE SOUTH ALOIIG SAID EAST LINE 330 FE:ETI TIIEIICE WEST 395 FEET, TIIEIIC!: SOUTH 545 F!:ET THEIIC!: WEST 92.50 Fl:ET TO TilE POIHT or BEGIllHIHG; E:XC!:PT THE HOST SOUTHERLY 30 FEET; EXCEPT PORTIOll COllDEHllED FOR HIGIIWAY BY IUTSAP COUllTY SUPERIOR COURT CASE Ita. 10304, E:XC!:PT PORTIOll D!:EDED TO STATE: OF NASnIlIGTON FOR HIGHWAY RECORDED UIIDER AUDI~OR'S TILE 110. 630831: AND EXC!:PT TIIAT PORTIOII TIIEREOF, LYIIIG SOUTH or STAT!: HIGHNAY 16, TOCETH!:R NITn TIDELAllDS OF TII!: rIRST CLASS "5 COtlV!:U:O BY TH!: STATE or WASIIIIIGTON, SITUATE IN FROIIT or, "DJACEllT TO AlIO ABunIlIO UPON THE: EAST 487.50 FE!:T OF SAID GOVC::'l."II'!!:lIT LOT 1, 'AS SIIOlrn all THE OFTICI1.L PLAT or SIDII!:! TIDELAllDS ON FlU: III TH!: OFnCE or TH!: COIIIUSSSIONE:R or PUBLIC LAIIDS "T OLYHPIA, WASHIllGTOll. SUBJECT TO A DEED or TRUST; WHICH THE GlUllTOR HEREIll "GREE:S TO COllTIIIUE TO PAY ACCORDING TO TilE TERMS 10.110 CONDITIOIIS THEREOF I GIUNTOR. TRUSTEE' BE:NErICIARY I AllOUNT I DATtDI RECORDED. "UDITOR'S rILE 110.. PAUL T. DAVIS, A SIIIGLE: ""II CHARTE:R TITLE: CORPORATIOII 1.1\110 COllTIUCTS IllvtSTIlEllT PARTllE:RSHIP f7, A WASHIlIGTOll GENE:RJ.L PARTllERSIIIP $90,000.00, PLUS IIITEREST FEBRUARY 16, 1994 FEBRUARY 18, 1994 9402180132 "rrECTS. LOTS 24, 25, 26, 26, 27 }.liD 28 OF PARCELS" ""0 B SUDJECT TO A DEED OF TRUST, WIICII TilE CRAlITOR IIEREIN ACREES TO COllTlNUE TO rAY ACCORDIIlC TO TilE TERJIS AND CONDIT10IlS TIIEREOF. GRAllTOR: TRUSTEE: BWEFICIARY: rAUL T. DAVIS, A SlIIGl.E HAtI STEUART TITLE - KITSAr COUNTY WILLIAM R. STEVENS, TRUSTEE, TALm, we. 40l(k) PROfIT SIIIIRWG PLAtI (, TRUST $40,000.00 OCTOBER 5, 1994 OCTOBER Ll, 1994 91,1 all 005 6 Al'IOUllT : OATEn: RECORDED: AUDITOR'S FILE 110.: 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 4313 "G" STREET. BREMERTON. WA. and legally described as follows: TAX ID NUMBER: 4502-021-008-0003 BREMERTON HEIGHTS - BLK 021, LOTS 8,9,10,11,12,24,25, 26,27 & 28 EXC PTN OF SD LOTS 11 & 12 TAKEN BY UNITED STATES OF AMERICA & EXC PTN GRANTED TO STATE OF WASHINGTON FOR S/HWY NO. 3 BY DEED RECORDED UNDER AUD FILE NO 991124 EXC THE W 10 FT OF SD LOT 28 1. PURCHASE PRICE: The total purchase price is EIGHTY-FOUR THOUSAND Dollars ($84. 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 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 REAL ESTATE PURCHASE AND SALE AGREEMENT -1- REPSA2,AGT - Agreement Forms - 6/3/96 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: Sellers shall deliver possession to Purchaser immediately after 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. Purchaser expressly waives the right to require a Sellers Disclosure Statement as required under RCW 64.06.020-040. 8. TIME FOR ACCEPTANCE: Purchaser's offer is made subject to acceptance of Sellers on or before 4:30 PM on March 28. 1997. 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 fi~~ day of ~~~/L , 19 ~7 upon which date the agreement shall terminate. The REAL ESTATE PURCHASE AND SALE AGREEMENT -2- REPSA2.AGT - Agreement Forms - 6/3/96 .:my cvcnt not l.J.tcr th.J.n tho _ d:ry of , upon which d.J.tc thc .J.grccfficRt GRall tcrffiiaut::c. 'PRC and Sellers shall deposit with the Bremerton City all instruments, documents and monies necessary to the sale in accordance with this agr~ement. (Ill. in 3:.9 Purchaser Attorney complete 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 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. REAL ESTATE PURCHASE AND SALE AGREEMENT -3- REPSA2.AGT - Agreement Forms - 6/3/96 15. ENTIRE AGREEMENT: There are no other verbal or other 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. , .3 \~~ \'t{ Date CITY OF BREMERTON BY'~ ft. rtJ. LY HORTON, Mayor PURCHASER DEP~ TMENTAL APPROVAL: W. EUGENE PL, Director of Public Works & Utilities ~ FORM, IAN ~.~SIEVERS, City 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 ~ --- ;;;;;... 1- /,9:r;:z..J;L , 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. ~~ se.llerso. Addres.s~t( L.I 79)(9/1y~y~ fcX-Y~...;;;.r;;t. ~ Qg%,/, Seller's Pho~: ,/ - . (0 5'GO ~ 8!)rr:-~$?3 REAL ESTATE PURCHASE AND SALE AGREEMENT -4- REPSA2.AGT - Agreement Forme - 6/3/96 ******* A true copy of the fo~;,oing hereby received on I tv\.., . d by Sellers is AN R.' lEVERS Bremerton City Attorney\ Agent for Purchaser RECEIVED FOR FILING: KATHLEEN L. MCCLUSKEY, CITY CLERK REAL ESTATE PURCHASE AND SALE AGREEMENT -5- REPSA2.AGT - Agreement Forms - 6/3/96