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Home My WebLink About201105120108 L ! 1 When recorded return to City of Bremerton Attn Roger Lubovich 345 6th St #600 Bremerton, WA 98337 LAND TITLE 201105120108 Deed Rec Fee $ 63 00 p d9e 1 of 2 05/12/2011 10 25 AM Walt,, Washington, l K Illi itsap Co Auditor I illilll iillli III III► 1111111 lill IIII IIII' I!III 1111111 III Illli lilll illli Illi IIII STATUTORY WARRANTY DEED Escrow No E- 239800CA _ THE GRANTOR(S) Alan G Cady and Carla M Cady, husband and wife for and in consideration of TEN DOLLARS AND OTHER VALUABLE CONSIDERATION in hand paid, conveys, and warrants to City of Bremerton, a Washington Municipal Corporation the following described real estate, situated in the County of Kitsap, State of Washington LEGAL DESCRIPTION ATTACHED HERETO AS EXHIBIT W ON PAGE 2 Abbreviated Legal (Required if full legal not inserted above) GL6 11-24N-1E Tax Parcel Number(s) 112401 -3- 076 -2007 112401 -3- 077 -2006 Dated May 8, 2011 Alan G Cady KITSAP COUNTY TREASURER EXCISE 05/12/2011 2011 EX02408 Carla M Cady Total $587900 Clerk s Initial � STATE OF WA, COUNTY OF Kitsap On `�L 2-0 , I certify that I know or have satisfactory evidence that /, , the person(s) who appeared before me, and said erson(s) acknowledged at he /she a igned this instrument and acknowledged it to be his /he r ee and voluntary act for the uses an purposes mentioned In this instrum ra--o I - I -- 0# ) Cathie Ames - Notary Public in and for the State of Washington `��• A �� • Residing at Poulsbo My Comm Expires 12/09/12 : q. �� 7r • LPB 10 -05 1 ' EXHIBIT "A" PARCEL I PART OF GOVERNMENT LOT 6, SECTION 11, TOWNSHIP 24 NORTH, RANGE 1 EAST, W M, IN KITSAP COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS BEGINNING 753 40 FEET EAST AND 30 FEET NORTH OF THE SOUTHWEST CORNER OF SAID SECTION 11, THENCE NORTH 100 FEET, THENCE EAST TO MEANDER LINE, THENCE SOUTH ALONG SAID MEANDER LINE TO A POINT DUE EAST OF THE POINT OF BEGINNING, THENCE WEST TO THE POINT OF BEGINNING, EXCEPT THE EAST 60 FEET THEREOF, TOGETHER WITH THAT PORTION OF VACATED TAFT AVENUE WHICH ATTACHES BY OPERATION OF LAW PER ORDINANCE NO 4659, RECORDED UNDER AUDITOR'S FILE NO 3201486 PARCEL II THAT PORTION OF GOVERNMENT LOT 6, SECTION 11, TOWNSHIP 24 NORTH, RANGE 1 EAST, W M, IN KITSAP COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS BEGINNING AT A POINT 753 40 FEET EAST AND 130 FEET NORTH OF THE SOUTHWEST CORNER OF SAID GOVERNMENT LOT 6, BEING THE TRUE POINT OF BEGINNING, THENCE NORTH 50 FEET, THENCE EAST 291 FEET, MORE OR LESS, TO GOVERNMENT MEANDER LINE, THENCE SOUTHERLY ALONG SAID MEANDER LINE TO A POINT EAST OF THE TRUE POINT OF BEGINNING, THENCE WEST TO THE TRUE POINT OF BEGINNING, TOGETHER WITH THAT PORTION OF VACATED TAFT AVENUE WHICH ATTACHES BY OPERATION OF LAW PER ORDINANCE NO 4659, RECORDED UNDER AUDITOR'S FILE NO 3201486 Subject to 1 Easement, including its terms, covenants and provisions as disclosed by instrument, Recorded July 1, 1983 Recording No 8307010067 In Favor of City of Bremerton For sewer Affects West 40 feet of said premises 2 Easement, including its terms, covenants and provisions as disclosed by instrument, Recorded August 18, 1999 Recording No 3201486 In Favor of City of Bremerton For utilities Affects vacated portion of said premises OMB NO 2502 -0265 A B TYPE OF LOAN U S DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1 []FHA 2 E]FmHA 3 E]CONV UNINS 4 E]VA 5 []CONY INS 6 FILE NUMBER 7 LOAN NUMBER FINAL E- 239800CA SETTLEMENT STATEMENT 8 MORTGAGE INS CASE NUMBER C NOTE This form is furnished to give you a statement of actual settlement costs Amounts paid to and by the settlement agent are shown Items marked 'TPOCJ" were paid outside the closing, they are shown here for informational purposes and are not included in the totals 10 3198 (E 239800 PFD /E 239800/52) D NAME AND ADDRESS OF BORROWER E NAME AND ADDRESS OF SELLER F NAME AND ADDRESS OF LENDER City of Bremerton Alan G Cady , a Washington Municipal Corporation Carla M Cady 345 6th St #600 P O Box 1535 Bremerton, WA 98337 Silverdale, WA 98383 G PROPERTY LOCATION H SETTLEMENT AGENT 91- 0825837 1 SETTLEMENT DATE 2310/2314/2316/2320 19th Street Land Title Escrow Bremerton, WA 98312 May 12, 2011 Kitsap County, Washington PLACE OF SETTLEMENT 9657 Levin Road NW, #110 Silverdale, WA 98383 J SUMMARY OF BORROWER'S TRANSACTION K SUMMARY OF SELLER'S TRANSACTION 100 GROSS AMOUNT DUE FROM BORROWER 400 GROSS AMOUNT DUE TO SELLER 101 Contract Sales Price 1 330,000 00 401 Contract Sales Price 102 Personal Property 402 Personal Prope 103 Settlement Charges to Borrower Line 1400 1,90633 403 104 Payoff 1 st Deed of Trust 404 105 Payoff 2nd Deed of Trust 405 Adjustments For Items Paid By Seller in advance Adjustments For Items Paid By Seller in advance 106 Cit crown Taxes to 406 City/Town Taxes to 107 County Taxes to 407 County Taxes to 1 108 Assessments to 408 Assessments to 109 Homeowners Assoc Dues 409 110 410 111 ! 411 112 412 120 GROSS AMOUNT DUE FROM BORROWER 331,906 33 420 GROSS AMOUNT DUE TO SELLER 200 AMOUNTS PAID BY OR IN BEHALF OF BORROWER 500 REDUCTIONS IN AMOUNT DUE TO SELLER 201 Deposit or earnest money 501 Excess Deposit See Instructions 1 202 Principal Amount of New Loans 502 Settlement Charges to Seller Line 1400 203 Existing loans taken subject to 503 Existing loans taken subject to 204 Deposit to Escrow 331,906 33 504 205 505 206 Deposit from Buyer 506 207 507 208 ! 508 209 Cr toward buyer closing costs 509 Adjustments For Items Unpaid By Seller Adjustments For Items Unpaid By Seller 210 City/Town Taxes to 510 Cit rrown Taxes to 211 County Taxes to 511 County Taxes to 212 Assessments to 512 Assessments to 213 513 214 514 215 515 216 516 217 517 218 518 219 519 220 TOTAL PAID BY /FOR BORROWER 331,906 33 520 TOTAL REDUCTION AMOUNT DUE SELLER 300 CASH AT SETTLEMENT FROM/TO BORROWER 600 CASH AT SETTLEMENT TO /FROM SELLER 301 Gross Amount Due From Borrower Line 120 331,906 33 601 Gross Amount Due To Seller Line 420 302 Less Amount Paid By/For Borrower Line 220 ( 331,906 33)11 602 Less Reductions Due Seller Line 520 303 CASH ( FROM) ( TO) BORROWER 0 00 603 CASH ( X TO) ( FROM) SELLER The undersigned hereby acknowledge receipt of a completed copy of pages 1 &2 of this statement & any attachments referred to herein I HAVE CAREFULLY REVIEWED THE HUD -1 SETTLEMENT STATEMENT AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, IT IS A TRUE AND ACCURATE STATEMENT OF ALL RECEIPTS AND DISBURSEMENTS MADE ON MY ACCOUNT OR BY MEIN THIS TRANSACTION I FURTHER CERTIFY THAT I HAVE RECEIVED A COPY OF THE HUD -1 SETTLEMENT STATEMENT Borrower City of Bremerton, a Washington Municipal Corporation By Patty Lent, Mayor Read, accepted and approved By Roger A Lubovich, City Attorney TO THE BEST OF MY KNOWLEDGE, THE HUD -1 SETTLEMENT STATEMENT WHICH I HAVE PREPARED IS A TRUE AND ACCURATE ACCOUNT OF THE FUNDS WHICH WERE RECEIVED AND HAVE BEEN OR WILL BE DISBURSED BY THE UNDERSIGNED AS PART OF THE SETTLEMENT OF THIS TRANSACTION Land Title Escrow Settlement Agent Date WARNING IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM PENALTIES UPON CONVICTION CAN INCLUDE A FINE AND IMPRISONMENT FOR DETAILS SEE TITLE 18 US CODE SECTION 1001 & SECTION 1010 HUD 1 (3-86) RESPA HB43052 L SETTLEMENT CHARGES 700 TOTAL COMMISSION Based on Price $ @ % PAID FROM PAID FROM Division of Commission (line 700) as Follows BORROWER S SELLERS 701 $ to FUNDS AT FUNDS AT 702 to SETTLEMENT SETTLEMENT 703 Commission Paid at Settlement 704 to 800 ITEMS PAYABLE IN CONNECTION WITH LOAN 801 Loan Origination Fee % to 802 Loan Discount % to 803 to 804 to 805 to 806 to 807 to 808 809 810 811 900 ITEMS REOUIRED BY LENDER TO BE PAID IN ADVANCE 901 Interest From to @ $ /day ( days %) 902 Mortgage Insurance Premium for months to 903 Hazard Insurance Premium for years to 904 905 1000 RESERVES DEPOSITED WITH LENDER 1001 Hazard Insurance per 1002 Mortgage Insurance @ $ per 1003 Cl /Town Taxes @ $ per 1004 County Taxes @ $ per 1005 Assessments @ $ per 1006 @ $ per 1007 @ $ per 1008 per 1100 TITLE CHARGES 1101 Settlement or Closing Fee to Land Title Company 95000 1102 Abstract or Title Search to 1103 Title Examination to 1104 Title Insurance Binder to 1105 Document Preparation to 1106 Endorsements to 1107 Attorney's Fees to (includes above item numbers 1108 Title Insurance to Land Title Company 80907 (includes above item numbers 1109 Lender's Coverage $ 1110 Owner's Coverage $ 330,000 00 80907 1111 1112 Sales Tax/Owners Premium Land Title Company 000 1113 Sales Tax/Escrow Fee to Land Title Company 81 70 1114 1115 1116 1117 1118 1200 GOVERNMENT RECORDING AND TRANSFER CHARGES 1201 Recording Fees Deed $ 63 00, Mortgage $ Releases $ 6300 1202 City/County Tax/Stamps Excise $ Local $ 1203 State Tax/Stamps Excise $ State $ 1204 to 1205 1300 ADDITIONAL SETTLEMENT CHARGES 1301 Survey to 1302 Pest Inspection to 1303 to 1304 to 1305 See addit'I disb exhibit to 256 1400 TOTAL SETTLEMENT CHARGES Enter on Lines 103 Section J and 502 Section K 1,906 33 By signing page 1 of this statement the signatories acknowledge receipt of a completed copy of page 2 of this two page statement ( E 239800CA / E 239800 / 52 ) HUD -1, Page 3 Borrowers) City of Bremerton , a Washington Municipal Corporation 345 6th St #600 Bremerton, WA 98337 Settlement Agent Land Title Escrow (360)692 -4033 Place of Settlement 9657 Levin Road NW, #110 Silverdale, WA 98383 Settlement Date May 12, 2011 Property Location 2310/2314/2316/2320 19th Street Bremerton, WA 98312 Kitsap County, Washington GL6 11 -24N -1 E Additional Disbursements Payee /Description Note /Ref No Borrower Kltsap County Treasurer 256 Prorata 2011 RE Prop Tax/Weed thru 5/12/2011 Total Additional Disbursements shown on Line 1305 $ 2.56 1 have carefully reviewed the HUD -1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction I further certify that I have received a copy of the HUD -1 Settlement Statement City of Bremerton, a Washington Municipal Corporation By Patty Lent, Mayor Read, accepted and approved By Roger A Lubovich, City Attorney WARNING It is a crime to knowingly make false statements to the United States on this or any similar form Penalties upon conviction can Include a fine and Imprisonment For details see Title 18 U S Code Section 1001 and Section 1010 (E- 239800 PFD /E- 239800/52) LAND TITLE ESCROW 9657 Levin Road NW, #110, Silverdale, WA 98383 Phone (360)692 -4033 Fax (360)692 -8669 BUYERS ESTIMATED SETTLEMENT STATEMENT Date: May 6, 2011 Settlement Date: May 12, 2011 Escrow No.: E- 239800 Buyer: City of Bremerton, a Washington Munw4pal Escrow Officer: Cathie Ames Corporation Seller: Alan G Cady and Carla M Cady, husband and wife Property: 231012314/231612320 19th Street Bremerton, WA 98312 DEBIT CREDIT Purchase Price 330,000 00 Loan Charges TitielEscrow Charges Settlement or Closing Fee 95000 Sales Tax/Escrow Fee 8170 Title Insurance 80907 Recording Charges Recording Fees 6300 Prorata 2011 RE Prop Tax/Weed thru 5/12/2011 256 Subtotals 331,906 33 Balance Due FROM Buyer 331,906 33 TOTALS 331,906 33 331,906 33 City of Bremerton, a Washington Municipal Corporation By Patty Lq6 Mayor Read acce ted and approved y oger A. Lubovich, City Attorney (E- 239800 PFUE- 23980022) REAL ESTATE PURCHASE AND SALE AGREEMENT WITH EARNEST MONEY PROVISION This agreement controls the terms of the sale of real property (Please read carefully before signing.) This Agreement is entered between the CITY OF BREMERTON, a Washington municipal corporation ( "Buyer "), and ALAN G. CADY and CARLA M. CADY, ( "Seller "), for the sale and purchase of real property as follows: 1. PROPERTY. The property, including all improvements and appurtenances situated thereon, which Buyer agrees to buy and Seller agrees to sell, is commonly known to be located at 19 Street and Taft Avenue in Anderson Cove, Bremerton, Washington (the "Property"), and which Property is legally described in Exhibit A, attached hereto and incorporated herein by this reference A map indicating the location of the Property is also attached as Exhibit B, incorporated herein by this reference. 2. EARNEST MONEY. None 3. PURCHASE PRICE. The total purchase price for the Property is THREE HUNDRED THIRTY THOUSAND AND NO /100 DOLLARS ($330,000.00) payable on closing. 4. CONTINGENCIES. This agreement is contingent upon: (a) Acceptance of its terms by the Bremerton City Council. (b) Buyers review and approval of the title report on the property prior to Closing. (c) Buyer's review and approval of Seller's information contained in the Real Property Transfer Disclosure Statement as set forth in Exhibit C. (d) A Feasibility Study as follows: (1) Buyer shall have the opportunity to conduct a feasibility study to determine if, in Buyer's sole and absolute discretion, the Property is feasible for investment and/or development by Buyer. (2) Buyer's feasibility study may include (but is not limited to) a Phase I and/or Phase II environmental assessment, utilities availability and capacity, access availability, zoning, preliminary architectural and engineering studies, marketing feasibility (3) A Phase I environmental assessment generally will consist of a review of title of ownership and land use, review of geologic and hydrologic maps of the area, review of federal and state databases for known hazardous water generators or contaminated sites and a site visit If the Phase I review reveals the potential of a contaminated site, a Phase II environmental assessment may be conducted which generally will consist of on -site sampling, REAL ESTATE PURCHASE AND SALE AGREEMENT Anderson Cove Property Page 1 of 5 r including the digging or boring of test holes for soil samples. By executing this agreement, Seller hereby authorizes Buyer a right of entry on to the property for the purpose of conducting this feasibility study including a Phase I, and f necessary, a Phase H environmental assessment Seller will be notified if a Phase II environmental assessment is to be conducted (4) Buyer agrees to conduct its feasibility study at its sole cost and expense, and if Buyer does not remove the feasibility contingency on or before the expiration of the feasibility period, then Buyer also agrees, if requested by Seller, to deliver to Seller copies of all information and documentation obtained by Buyer in connection with its feasibility study (5) For any on -site activity performed by Buyer during the feasibility study, Buyer agrees to return the Property to its original state (i.e., fill all boring holes, etc.) Should any of these contingencies not be met by May 4, 2011, then this Agreement shall terminate and neither Buyer nor Seller shall have any further rights, duties or obligations hereunder, except that the Earnest Money held in escrow shall be immediately returned to Buyer. 5. CONVEYANCE AND CONDITION OF TITLE. The title to the real property shall be conveyed by Seller to Buyer at closing by Statutory Warranty Deed, free and clear of all liens, encumbrances or defects except those described in Paragraph 6 below 6. TITLE INSURANCE. At Closing, Seller shall cause Land Title Company, whose address and telephone number is 9657 Levin Road NW, Silverdale, WA 98383, 360 -692- 2233, to issue a standard form owner's policy of title insurance to Buyer in an amount equal to the total purchase price of the Property The cost of this policy shall be paid by Buyer at Closing For purposes of this Agreement, the following shall not be deemed encumbrances or defects. rights reserved and federal patents or state deeds, building or use restrictions consistent with current zoning, and utility and road easements of record. If title cannot be made so insurable prior to the Closing date called for herein, unless, Buyer elects to waive such defects or encumbrances, this agreement shall terminate. 7. CLOSING COSTS AND PRO - RATIONS. The cost of escrow shall be paid by Buyer, except those fees which are expressly limited by Federal Regulation Seller shall pay for excise tax and revenue stamps. Taxes for the current year, rents, interest, Association, Condominium and/or Homeowner's fees, water and other utility charges, if any, shall be pro- rated as of date of closing unless otherwise agreed 8. CLOSING OF THE SALE. With the understanding that time is of the essence for this agreement, this sale shall be closed by May 12, 2011 which shall also be the termination date of this agreement unless said closing date is extended in writing by mutual agreement of the parties When notified, the Buyer and Seller will deposit, without delay, in escrow with Land REAL ESTATE PURCHASE AND SALE AGREEMENT Anderson Cove Property Page 2 of 5 Title Company, all instruments and monies required to complete the transaction in accordance with this agreement Closing, for the purpose of this agreement, is defined as the date that all documents are executed and the sale proceeds are available for disbursement to the Seller 9. CASUALTY 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 the Buyer, shall become null and void 10. POSSESSION. Buyer shall be entitled to possession on closing. 11. SELLER'S REPRESENTATIONS. Seller represents that. (a) Seller will maintain the Property in present or better condition until time of agreed possession, (b) Seller has no knowledge or notice from any governmental agency of any violation of laws relating to the subject Property except. (c) The Property is not encumbered by any leases. 12. SELLER'S ENVIRONMENTAL REPRESENTATIONS. Seller represents that to the best of his/her knowledge that he /she is not aware of existence of, or has caused or allowed to be caused, any environment condition (including, without limitation, a spill, discharge or contamination) that existed as of and/or prior to the closing date or any act of omission occurring prior to the closing date, the result of which may require remedial action pursuant to any federal, state or local law or may be the basis for the assertion of any third party claims, including claims of governmental entities except- N r-- This provision shall survive the closing and be in addition to Seller's obligation for breach of a representation or warranty as may be set forth herein. 13. DEFAULT AND ATTORNEY'S FEES. (a) Buyer's Default. If Buyer defaults hereunder, Seller's sole remedy shall be limited to damages against Buyer in the liquidated amount of the earnest money previously paid the Buyer. Buyer and Seller intend that said amount constitutes liquidated damages so as to avoid other costs and expenses to either party in connection with potential litigation on account of Buyers' default. Buyer and Seller believe said amount to be a fair estimate of actual damages. (b) Seller's Default. If Seller defaults hereunder, Buyer shall have all the rights and remedies available at law or in equity. (c) Attorney's Fees and Costs. In the event of litigation to enforce any of the terms or provisions herein, each party shall pay all its own costs and attorney's fees. 14. NOTICE TO SELLER. This form contains provisions for an agreement for the purchase and sale of real estate Buyer makes no warranty or representation of any kind that this form, or any of its provisions, is intended to meet the factual and legal requirements of a particular transaction, or that it accurately reflects that laws of the State of Washington at the time you enter the agreement This agreement has significant legal and financial consequences By signing this agreement, Seller acknowledges that Seller has or has had the opportunity to REAL ESTATE PURCHASE AND SALE AGREEMENT Anderson Cove Property Page 3 of 5 consult with an attorney regarding Sellers rights and obligations in this agreement. 15. BROKERS FEES /COMMISSIONS. Seller agrees to indemnify, defend and hold harmless Buyer with respect to any claim by any person or entity claiming through Seller to be entitled to a commission with respect to the transaction contemplated by this agreement. 16. NON - MERGER. The terms, conditions, and provisions of this Agreement shall not be deemed merged into the deed, and shall survive the Closing and continue in full force and effect. 17. NOTICES. All notices required or permitted to be given hereunder shall be in writing and shall be sent U.S. certified mail, return receipt requested, or by facsimile transmission addressed as set forth below - (a) All notices to be given to Buyer shall be addressed as follows - Mayor City of Bremerton 345 6th Street, Suite 600 Bremerton, Washington 98337 -1873 (b) All notices to be given to Seller shall be addressed as follows: Alan G. and Carla M. Cady P.0. - A t53,5 Either party hereto may, by written notice to the other, designate such other address for the giving of notices as being necessary. All notices shall be deemed given on the day such notice is personally served, or on the date of the facsimile transmission, or on the third day following the day such notice is mailed in accordance with this paragraph. 18. ENTIRE AGREEMENT. This agreement, including all incorporated exhibits, constitutes the full understanding between seller and buyer There have been no verbal or other agreements that modify this agreement. 19. BINDING EFFECT AND SURVIVAL. This Agreement shall be binding upon parties hereto and their respective heirs, successors and assigns, and the terms, conditions and provisions of this Agreement shall survive the closing of this transaction 20. DATE OF MUTUAL ACCEPTANCE. For the purposes of this Agreement, the date of mutual acceptance of this Agreement shall be the last date on which the parties to this Agreement have executed this Agreement as indicated below. REAL ESTATE PURCHASE AND SALE AGREEMENT Anderson Cove Property Page 4 of 5 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date set forth below. BUYER: SELLER: CITY OF BREMERTON ALAN G CADY By. Patty I&Nfay& Dated• Dated CARLA M CADY Dated: APPROVED AS TO FORM. By. Rog r A. Lubovich, City Attorney R \l egal\Lega1\Files \Current Active Files\Anderson Cove Property Purchase\REPSA -19th & Taft doc I i I REAL ESTATE PURCHASE AND SALE AGREEMENT Anderson Cove Property Page 5 of 5 i t EXHIBIT "A" DESCRIPTION: PARCELI: PART OF GOVERNMENT LOT 6, SECTION 11, TOWNSHIP 24 NORTH, RANGE 1 EAST, W M., IN KITSAP COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING 763.40 FEET EAST AND 30 FEET NORTH OF THE SOUTHWEST CORNER OF SAID SECTION 11; THENCE NORTH 100 FEET; THENCE EAST TO MEANDER LINE; THENCE SOUTH ALONG SAID MEANDER LINE TO A POINT DUE EAST OF THE POINT OF BEGINNING; THENCE WEST TO THE POINT OF BEGINNING; EXCEPT THE EAST 60 FEET THEREOF; TOGETHER WITH THAT PORTION OF VACATED TAFT AVENUE WHICH ATTACHES BY OPERATION OF LAW PER ORDINANCE NO. 4669. RECORDED UNDER AUDITOR'S FILE NO. 3201486. PARCEL 11: THAT PORTION OF GOVERNMENT LOT 8, SECTION 11, TOWNSHIP 24 NORTH, RANGE 1 EAST, W M, IN KITSAP COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 763 40 FEET EAST AND 130 FEET NORTH OF THE SOUTHWEST CORNER OF SAID GOVERNMENT LOT 6, BEING THE TRUE POINT OF BEGINNING; THENCE NORTH 50 FEET; THENCE EAST 291 FEET, MORE OR LESS, TO GOVERNMENT MEANDER LINE; THENCE SOUTHERLY ALONG SAID MEANDER LINE TO A POINT EAST OF THE TRUE POINT OF BEGINNING; THENCE WEST TO THE TRUE POINT OF BEGINNING; TOGETHER WITH THAT PORTION OF VACATED TAFT AVENUE WHICH ATTACHES BY OPERATION OF LAW PER ORDINANCE NO 4869, RECORDED UNDER AUDITOR'S FILE NO 3201488. I I i tt r T7 V4, � `� .. v..'E`1t<�_. � 1 ' •v1 '`i+r rte 1 4 " M en CIH t 1. � � ��t F D. i it aMM � ♦ G '� Y i y 1. .�,v, i f "� f . � h � x Sr f•M s°ts� �, f � - � �, . �� r' � � �Of `• 14 7. f ten, �r .,f i� � �1,LJ sir , 'nsi . y '�� ^� � k•' S.t'f � '� ' l °1 •• �;., 1'� 1 „':� ..:s•" `. it �,L :�y is ,fi a C. c ", LI�, , y - - ' N }t � f � i. �. 4 { �x ` p� 'S S j.is '�• r'� fl�` �. l i'� eA 1 .1 11 7 p � � j t ! 4 �. ik 1 { EXHIBIT C REAL PROPERTY TRANSFER DISCLOSURE STATEMENT FORM INSTRUCTIONS TO THE SELLER Please complete the following form. Do not leave any spaces blank If the question clearly does not apply to the property write "NA ". If the answer is "yes" to any * items, please explain on attached sheets. Please refer to the line number(s) of the question(s) when you provide your explanation(s) For your protection you must date and sign each page of this disclosure statement and each attachment. Delivery of the disclosure statement must occur not later than five business days, unless otherwise agreed, after mutual acceptance of a written contract to purchase between a buyer and a seller NOTICE TO THE BUYER THE FOLLOWING DISCLOSURES ARE MADE BY SELLER ABOUT THE CONDITION OF THE PROPERTY LOCATED AT 2 7 o, 1y_ t 4 PG,13 l l —Sri . c( 9a l'L ( "THE PROPERTY "), OR AS LEGALLY DESCRIBED ON ATTACHED EXHIBIT A SELLER MAKES THE FOLLOWING DISCLOSURES OF EXISTING MATERIAL FACTS OR MATERIAL DEFECTS TO BUYER BASED ON SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME SELLER COMPLETES THIS DISCLOSURE STATEMENT UNLESS YOU AND SELLER OTHERWISE AGREE IN WRITING, YOU HAVE THREE BUSINESS DAYS FROM THE DAY SELLER OR SELLER'S AGENT DELIVERS THIS DISCLOSURE STATEMENT TO YOU TO RESCIND THE AGREEMENT BY DELIVERING A SEPARATELY SIGNED WRITTEN STATEMENT OF RESCISSION TO SELLER OR SELLER'S AGENT IF THE SELLER DOES NOT GIVE YOU A COMPLETED DISCLOSURE STATEMENT, THEN YOU MAY WAIVE THE RIGHT TO RESCIND PRIOR TO OR AFTER THE TIME YOU ENTER INTO A SALE AGREEMENT THE FOLLOWING ARE DISCLOSURES MADE BY SELLER AND ARE NOT THE REPRESENTATIONS OF ANY REAL ESTATE LICENSEE OR OTHER PARTY. THIS INFORMATION IS FOR DISCLOSURE ONLY AND IS NOT INTENDED TO BE A PART OF ANY WRITTEN AGREEMENT BETWEEN BUYER AND SELLER FOR A MORE COMPREHENSIVE EXAMINATION OF THE SPECIFIC CONDITION OF THIS PROPERTY YOU ARE ADVISED TO OBTAIN AND PAY FOR THE SERVICES OF QUALIFIED EXPERTS TO INSPECT THE PROPERTY, WHICH MAY INCLUDE, WITHOUT LIMITATION, ARCHITECTS, ENGINEERS, LAND SURVEYORS, PLUMBERS, ELECTRICIANS, ROOFERS, BUILDING INSPECTORS, ON -SITE WASTEWATER TREATMENT INSPECTORS, OR STRUCTURAL PEST INSPECTORS THE PROSPECTIVE BUYER AND SELLER MAY WISH TO OBTAIN PROFESSIONAL ADVICE OR INSPECTIONS OF THE PROPERTY OR TO PROVIDE APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN THEM WITH RESPECT TO ANY ADVICE, INSPECTION, DEFECTS OR WARRANTIES Seller is/ En) occupying the property I. SELLER'S DISCLOSURES: *If you answer "Yes" to a question with an asterisk ( *), please explain your answer and attach documents, if available and not otherwise publicly recorded If necessary, use an attached sheet 1 TITLE [�1 Yes [ ] No [ ] Don't know A Do you have legal authority to sell the property? If no, please explain I I I of 7 l [)[J Yes [ ] No [ ] Don't know *B Is title to the property subject to any of the following? (1) First right of refusal (2) Option see, (3) Lease or rental agreement /,1 Y es, 0^ e 5 (4) Life estate? 1 Aa d CC e" [ ] Yes No [ ] Don't know *C. Are there any encroachments, boundary agreements, or boundary disputes? [ ] Yes No [ ] Don't know *D Are there any rights of way, easements, or access limitations that may affect the Buyer's use of the property? [ ] Yes No [ ] Don't know *E. Are there any written agreements for joint maintenance of an easement or right of way? [ ] Yes [ ] No Don't know *F Is there any study, survey project, or notice that would adversely affect the property? [ ] Yes W No [ ] Don't know *G. Are there any pending or existing assessments against the property? [,(] [ ] No [ ] Don't know *H. Are there any zoning violations, X314 �s akeser* - o +Le- ba-y CMMMMorming uses or any unusual i I�o�n cu r fc.�'�t7 a \dam a restrictions on the property that would affect future construction or remodeling? [ ] Yes [ No [ ] Don't know *I. Is there a boundary survey for the property? [ ] Yes [rNo [ ] Don't know *J Are there any covenants, conditions, or restrictions which affect the property? 2 WATER A Household Water (1) The source of water for the property is [' Private o publicly owned ater System [ ] Private well serving only the subject property *[ ] Other water system Yes [ ] No [ ] Don't know *If shared, are there any written agreements? WIA [ ] Yes [ ] No [ ] Don't know *(2) Is there an easement (recorded or unrecorded) for access to and /or maintenance of the water source? [ l Yes VNo [ ] Don't know *(3) Are there any known problems or repairs needed? [)(J Yes [ ] No [ l Don't know (4) During your ownership, has the source provided an adequate year round supply of potable water? If no, please explain [ ] Yes ( J No [ ] Don't know *(5) Are there any water treatment systems for the property> If yes, are they [ ] Leased [ ]owned B Irrigation [ ] Yes No [ ] Don't know (1) Are there any water rights for the property, such as a water right, permit, certificate, or claim? [ ] Yes (�] No [ l Don't know *(a) If yes, have the water rights been used during the last five years? [ ] Yes No [ j Don't know *(b) If so, is the certificate available? 2of7 C. Outdoor Sprinkler System [ ] Yes [ No [ ] Don't know (1) Is there an outdoor sprinkler system for the property? [ ] :B� [ o [ ] on't know (2) If yes, are there any defects in the system? [ ] [ ] [ ] Don't know *(3) If yes, is the sprinkler system connected to irrigation water? 3 SEWER /ON -SITE SEWAGE SYSTEM A. The property is served by k Public sewer system, [ ] On- site sewage system (including pipes, tanks, drainfields, and all other component parts) [ ] Other disposal system, please describe: y Yes [ ] No [ ] Don't know B If public sewer system service is available to the property, is the house connected to the sewer main? If no, please explain. [ ] No [ ] Don't know C Is-the-property subject to any sewage system fees or charges in addition to those covered in your regularly billed sewer or on -site sewage system maintenance service? D If the property is connected to -site sewage system: cno *(1) Was a permit i ed for its construction nd was it approved by the loc ealth department or district fol ing its construction? When was it last pumped .. . .. . . . . . ...... .. [ ] Yes [ ] No [ ] Don't know *(3) Are there any de is in the operation of on -site sewage system? [ ] Don't know (4 n was it last in ected By Whom . [ ] Don't know (5) For how any bedrooms was the on -site wage ystem approved ? bedrooms [ ] Yes [ ] No [ ] Don't know r a plumbing fixtures, including laundry ai , connected to the sewer /on -site sewage m If no, please explain. [ ] Yes [ ] No [ ] Don't know Ha a there been any changes or repairs to the on -site sewage system? ( ] Yes [ ] No [ ] Don't now G Is the on -site sewage system, including the drainfield, located entirely within the boundaries of the property? If no, please explain 3 of 7 f ' [ ) Yes [ ) No [ on't know H. Does the on -site sewW system require monitoring and ma' enance services more frequently tha nce a year? If yes, please explain .. . . . . .. . .. . .... ..... NOTICE IF THIS RESIDENTIAL REAL PROPERTY DISCLOSURE STATEMENT IS BEING COMPLETED FOR NEW CONSTRUCTION WHICH HAS NEVER BEEN OCCUPIED, THE SELLER IS NOT REQUIRED TO COMPLETE THE QUESTIONS LISTED IN ITEM 4 STRUCTURAL OR ITEM 5 SYSTEMS AND FIXTURES 4. STRUCTURAL L-111-61,q S p .rn -c- [ ] Yes [ ] No Don't know *A Has the roof leaked? DR I PS. [9d Yes [ ] No [ l Don't know *B. Has the basement flooded or leaked? ?.3 v [ ] Yes No [ l Don't know *C. Have there been any conversions, additions, or remodeling? [ ] Yes [ ] No [V] Don't know *(1) If yes, were all building permits obtained? [ ] Yes [ ] No [ Don't know *(2) If yes, were all final inspections obtained? [�(1 Yes [ ] No [ ] Don't know D Do you know the age of the house? If yes, year of original construction. [ Yes [ J No [ ] Don't know *E. Has there been any settling, slippage, or sliding of the property or its improvements [ ] Yes [ ] No [ ] Don't know *F Are there any defects with the following (If yes, please check applicable items and explain ) [xl Foundations a.3lb [ ] Decks [ ] Exterior Walls [ ] Chimneys [ ] Interior Walls [ ] Fire Alarm [ l Doors [ ] Windows [ ] Patio [ ] Ceilings [ ] Slab Floors [ ] Driveways [ J Pools [ ] Hot Tub ( ] Sauna fk] Sidewalks �`" [ ] outbuildings [ ] Fireplaces a5iy [ ] Garage Floors [ ] Walkways [ ] Siding [ ] other [ ] Wood Stoves [ J Yes No [ ] Don't know *G Was a structural pest or "whole house" inspection done? If yes, when and by whom was the inspection completed [x] Yes [ ] No [ ] Don't know H During your ownership, has the property had any wood destroying organism or pest infestation? [ ] Yes [ ] No Don't know I Is the attic insulated) [ ] Yes [ ] No ] Don't know J Is the basement insulated? i 4of7 i I i i c 5 SYSTEMS AND FIXTURES *A If any of the following systems or fixtures are included with the transfer, are there any defects? If yes, please explain [ ] Yes [ ] No (Kf Don't know Electrical system, including wiring, switches, outlets, and service [ ] Yes [ ] No [k]" Don't know Plumbing system, including pipes, faucets, fixtures, and toilets [ ) Yes [ ] No [A' Don't know Hot water tank • -E-� "--=- r]-��e - Garbage disposal— 1rd-K4S [ ] Yes [ ] No [XT Don't know Appliances -' w' tom. Sump pump -- MO T'& 4 [ ] Yes [ ] No [x]' Don't know Heating and cooling systems Security system - 9& L [ ] Owned [ ] Leased Other *B. If an he following fixtures or pro e-fty is included with the transfer, re they leased? (If yes, please attach copy of lease.) [ ] Yes [ ] No [ ] Don' n w Security system . [ ] Yes [ ] No [ on't know Tanks (type) .. [ ) Yes [ ] [ ] Don't know Satellite dish Other .. 6 COMMON INTERESTS [ ] Yes No [ ] Don't know A Is there a Home Owners' Association? Name of Association [ ] Yes No [ ]*Don't* know B Are there periodic assessments: r $ per [ ] Month [ ] Year [ ] Other [ ] Yes [ /No [•] Don't *C. Are there any pending special assessments? ( ] Yes 5l No [ ] Don't know *D Are there any shared "common areas" or any point maintenance agreements (facilities such as walls, fences, landscaping, pools, tennis courts, walkways, or other areas co -owned in undivided interest with others)> 7 GENERAL [ ] Yes Od"No [ ] Don't know *A Have there been any drainage problems on the property? >er Yes [ ] No [ ] Don't know *B. Does the property contain fill materials f [ ] Yes [ No [ ] Don't know *C Is there any material damage to the property from fire, wind, floods, beach movements, earthquake, expansive soils, or landslides? [ ] Yes [ ] No Don't know D Is the property in a designated flood plain? [ ] Yes [ ] No Don't know *E Are there any substances, materials, or products on the property that may be environmental concerns, such as asbestos, formaldehyde, radon gas, lead -based paint, 5 of 7 fuel or chemical storage tanks, or contaminated soil or water? [ J Yes [ No [ ] Don't know *G Has the property ever been used as an illegal drug manufacturing site? [ ) Yes 0 No [ ] Don't know *H Are there any radio towers in the area that may cau interference with telephone reception? 8 MANUFA ED AND MOBILE HOMES If the roperty includes a manufactured or m le home, [ ] Yes [ ] No [ ] Don't know * . Did you make any alterations to the home? If yes, please describe the alterations [ ] Yes [ ] No [ ] D 't know *B Did any previous owner make any alterations to the home? If yes, please describe the alterations .. [ ] Yes [ ] [ ] Don't know *C. If alterations were made, were permits or variances for these alterations obtained? 9 FULL DISCLOSURE BY SELLERS A Other conditions or defects: Yes k-l" o Don't know *Are there any other existing material �' defects affecting the property that prospective buyer should know about 7 B Verification: The foregoing answers and attached explanations (if any) are complete and correct to the best of my /our knowledge and I /we have received a copy hereof I /we authorize all of my /our real estate licensees, if any, to deliver a copy of this disclosure statement to other real estate licensees and all prospective buyers of the property DATE ��1� SELLER SELLER. f i 1 � I 6 of 7 i NOTICE TO THE BUYER INFORMATION REGARDING REGISTERED SEX OFFENDERS MAY BE OBTAINED FROM LOCAL LAW ENFORCEMENT AGENCIES THIS NOTICE IS INTENDED ONLY TO INFORM YOU OF WHERE TO OBTAIN THIS INFORMATION AND IS NOT AN INDICATION OF THE PRESENCE OF REGISTERED SEX OFFENDERS II BUYER'S ACKNOWLEDGMENT A Buyer hereby acknowledges that. Buyer has a duty to pay diligent attention to any material defects that are known to Buyer or can be known to Buyer by utilizing diligent attention and observation B The disclosures set forth in this statement and in any amendments to this statement are made only by the Seller and not by any real estate licensee or other party C. Buyer acknowledges that, pursuant to RCW 64 06.050(2), real estate licensees are not liable for inaccurate information provided by Seller, except to the extent that real estate licensees know of Such inaccurate information D This information is for disclosure only and is not intended to be a part of the written agreement between the Buyer and Seller E Buyer (which term includes all persons signing the "Buyer's acceptance" portion of this disclosure statement below) has received a copy of this Disclosure Statement (including attachments, if any) bearing Seller's signature DISCLOSURES CONTAINED IN THIS DISCLOSURE STATEMENT ARE PROVIDED BY SELLER BASED ON SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME SELLER COMPLETES THIS DISCLOSURE STATEMENT UNLESS BUYER AND SELLER OTHERWISE AGREE IN WRITING, BUYER SHALL HAVE THREE BUSINESS DAYS FROM THE DAY SELLER OR SELLER'S AGENT DELIVERS THIS DISCLOSURE STATEMENT TO RESCIND THE AGREEMENT BY DELIVERING A SEPARATELY SIGNED WRITTEN STATEMENT OF RESCISSION TO SELLER OR SELLER'S AGENT IF THE SELLER DOES NOT GIVE YOU A COMPLETED DISCLOSURE STATEMENT, THEN YOU MAY WAIVE THE RIGHT TO RESCIND PRIOR TO OR AFTER THE TIME YOU ENTER INTO A SALE AGREEMENT BUYER HEREBY ACKNOWLEDGES RECEIPT OF A COPY OF THIS DISCLOSURE STATEMENT AND ACKNOWLEDGES THAT THE DISCLOSURES MADE HEREIN ARE THOSE OF THE SELLER ONLY, AND NOT OF ANY REAL ESTATE LICENSEE OR OTHER PARTY DATE BUYER R \Legal \Legal\Files \Current Active Files \Victono - property purchase\Seller's Disclosure Statement doc 7 of 7 OMB NO. 2502-0265 A B TYPE OF LOAN U S DEPARTMENT OF HOUSING & URBAN DEVELOPMENT 1 []FHA 2 []FmHA 3 ❑CONV UNINS 4 []VA 5 C]CONV INS 6 FILE NUMBER 7 LOAN NUMBER FINAL E- 239800CA SETTLEMENT STATEMENT 8 MORTGAGE INS CASE NUMBER C NOTE This form is fumished to give you a statement of actual settlement costs Amounts paid to and by the settlement agent are shown Items marked 7POC)" were paid outside the closing, they are shown here for informational purposes and are not included in the totals 10 3/88 E- 239800 PFDIE- 239800/42 D NAME AND ADDRESS OF BORROWER E NAME AND ADDRESS OF SELLER F NAME AND ADDRESS OF LENDER City of Bremerton Alan G Cady 345 th St Washington #600 Municipal Corporation Carla 0 Box 1535 SAVE FOR OUR TAX RECORDS Bremerton, WA 98337 Silverdale, WA 98383 G PROPERTY LOCATION H SETTLEMENT AGENT 91 -0825837 1 SETTLEMENT DATE 2310/231412316r2320 19th Street Land Title Escrow Bremerton, WA 98312 May 12, 2011 Kdsap County, Washington PLACE OF SETTLEMENT 9657 Levin Road NW, #110 Silverdale, WA 98383 J SUMMARY OF BORROWER'S TRANSACTION K SUMMARY OF SELLER'S TRANSACTION 100 GROSS AMOUNT DUE FROM BORROWER 400 GROSS AMOUNT DUE TO SELLER 101 Contract Sales Price 330,000 00 401 Contract Sales Price 102 Personal Property 402 Personal Prope 103 Settlement Charges to Borrower Line 1400 1 1 90633 403 104 Payoff 1 st Deed of Trust 404 105 Payoff 2nd Deed of Trust 405 Adjustments For Items Paid By Seller in advance Adjustments For Items Paid By Seller in advance 106 Citvrrown Taxes to 406 City/Town Taxes to 107 County Taxes to 407 County Taxes to 108 Assessments to 408 Assessments to 109 Homeowners Assoc Dues 409 110 410 111 411 112 412 120 GROSS AMOUNT DUE FROM BORROWER 331,906 33 420 GROSS AMOUNT DUE TO SELLER 200 AMOUNTS PAID BY OR IN BEHALF OF BORROWER 500 REDUCTIONS IN AMOUNT DUE TO SELLER- 201 Deposit or earnest money 501 Excess Deposit See Instructions 202 Principal Amount of New Loans 502 Settlement Charges to Seller Line 1400 203 Emstin loans taken subject to 503 Ewstin loans taken subject to 204 Deposit to Escrow 3-3-1 33 504 205 505 206 Deposit from Buyer 506 207 507 208 508 209 Cr toward buyer closing costs 509 Adjustments For Items Unpaid By Seller Adjustments For Items Unpaid By Seller 210 City/Town Taxes to 510 City/Town Taxes to 211 County Taxes to 511 County Taxes to 212 Assessments to 512 Assessments to 213 513 214 514 215 515 216 516 217 517 218 518 219 519 220 TOTAL PAID BY/FOR BORROWER 331,906 520 TOTAL REDUCTION AMOUNT DUE SELLER 300 CASH AT SETTLEMENT FROMITO BORROWER 600 CASH AT SETTLEMENT TOIFROM SELLER 301 Gross Amount Due From Borrower Line 120 331906313 601 Gross Amount Due To Seller Line 420 302 Less Amount Paid BY/For Borrower Line 220 ( 331,906 602 Less Reductions Due Seller Line 520 1 303 CASH ( FROM) ( TO) BORROWER 000 603 CASH( X TO) ( FROM) SELLER The undersigned hereby acknowledge receipt of a completed copy of pages 1&2 of this statement & any attachments referred to herein I HAVE CAREFULLY REVIEWED THE HUD -1 SETTLEMENT STATEMENT AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, IT IS A TRUE AND ACCURATE STATEMENT OF ALL RECEIPTS AND DISBURSEMENTS MADE ON MY ACCOUNT OR BY MEIN THIS TRANSACTION I FURTHER CERTIFY THAT I HAVE RECEIVED A COPY OF THE HUD -1 SETTLEMENT STATEMENT Borrower City of Bremerton, a Washington Municipal Corporation By Patty Lent, Mayor Read, accepted and approved By Roger A Lubovich, City Attorney TO THE BEST OF MY KNOWLEDGE, THE HUW SETTLEMENT STATEMENT WHICH I HAVE PREPARED IS A TRUE AND ACCURATE ACCOUNT OF THE FUNDS WHICH WERE R B EJ4 OR Z LL BE DISBURSED BY THE ND R IGNED AS PART OF THE SETTLEMENT OF THIS TRANSACTION _r=2021 _ Land Title Escrow Settlement Agent Date WARNING IT IS A CRIME TO KNOWINGLY MAKE FALSE STATEMENTS TO THE UNITED STATES ON THIS OR ANY SIMILAR FORM PENALTIES UPON CONVICTION CAN INCLUDE A FINE AND IMPRISONMENT FOR DETAILS SEE TITLE 18 U S CODE SECTION 1001 & SECTION 1010 HUD-1 (3-98) RESPA HB43052 Page 2 L. SETTLEMENT CHARGES 700 TOTAL COMMISSION Based on Price $ @ % PAID FROM PAID FROM Division of Commission (line 700) as Follows BORROWERS SELLER S 701 $ to FUNDS AT FUNDS AT 702 to SETTLEMENT SETTLEMENT 703 Commission Paid at Settlement 704 to 800 ITEMS PAYABLE IN CONNECTION WITH LOAN 801 Loan Origination Fee % to 802 Loan Discount % to 803 to 804 to 805 to 806 to 807 to 808 809 810 811 900 ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 901 Interest From to @ $ /day ( days %) 902 Mort a e Insurance Premiumfor months to 903 Hazard Insurance Premium for years to 904 905 1000. RESERVES DEPOSITED WITH LENDER 1001 Hazard Insurance per 1002 Mortgage Insurance @ $ per 1003 C /Town Taxes @ $ per 1004 County Taxes @ $ per 1005 Assessments @ $ per 1006 @ $ per 1007 @ $ per 1008 $ per 1100 TITLE CHARGES 1101 Settlement or Closing Fee to Land Tale Company 95000 1102 Abstract or Title Search to 1103 Title Examination to 1104 Title Insurance Binder to 1105 Document Preparation to 1106 Endorsements to 1107 Attorney's Fees to (includes above item numbers 1108 Title Insurance to Land Title Company 80907 (includes above (item numbers 1109 Lender's Coverage $ 1110 Owner's Coverage $ 330,000 00 80907 1111 1112 Sales Tax/Owners Premium Land Title Company 000 1113 Sales Tax/Escrow Fee to Land Title Company 8170 1114 1115 1116 1117 1118 1200 GOVERNMENT RECORDING AND TRANSFER CHARGES 1201 Recording Fees Deed $ 63 00, Mortgage $ Releases $ 6300 1202 City/County City/County TaxlStam s E xcise $ Local $ 1203 State Tax/Stamps Excise $ State $ 1204 to 1205 1300 ADDITIONAL SETTLEMENT CHARGES 1301 Survey to 1302 Pest Inspection to 1303 to 1304 to 1305 See addd9 disb exhibit to 2 56 1400 TOTAL SETTLEMENT CHARGES Enter on Lines 103, Section J and 502, Section K 1,906 33 By signing Page 1 of On siatenwt are signatones admWedge reoeipt of a completW copy of page 2 of flue two page statement. ( E- 23=OCA / E- 239800 / 42 ) HUD -1, Page 3 Borrower(s) of Bremerton, a Washington Municipal Corporation 345 6th St #600 Bremerton, WA 98337 Settlement Agent: Land Title Escrow (360)6924033 Place of Settlement: 9657 Levin Road NW, #110 Silverdale, WA 98383 Settlement Date: May 12, 2011 Property Location: 2310/2314/2316/2320 19th Street Bremerton, WA 98312 Kitsap County, Washington GL611 -24N -1 E Additional Disbursements Payee /Description Note /Ref No. Borrower Kitsap County Treasurer 256 Prorata 2011 RE Prop Tax/Weed thru 5/12/2011 Total Additional Disbursements shown on Line 1305 $ 2.56 1 have carefully reviewed the HUD -1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this transaction I further certify that I have received a copy of the HUD -1 Settlement Statement City of Bremerton, a Washington Municipal Corporation By Patty Lent, Mayor Read, accepted and approved By Roger A Lubovich, City Attorney WARNING It is a crime to knowingly make false statements to the United States on this or any similar form Penalties upon conviction can Include a fine and imprisonment. For details see Title 18 U S. Code Section 1001 and Section 1010 (E- 239800 PFD/E- 239800/42) LAND TITLE ESCROW 9657 Levin Road NW, #110, Silverdale, WA 98383 Phone (360)692 -4033 Fax (360)692 -8669 BUYER'S FINAL SETTLEMENT STATEMENT Date: May 16, 2011 Settlement Date: May 16, 2011 Escrow No.: E- 239620 Buyer: City of Bremerton, a Municipal Corporation Escrow Officer: Cathie Ames Seller: Kitsap County, a Washington Politial Subdivision Property: 91417th Street Bremerton, WA 98337 DEBIT CREDIT Purchase Price 75,000 00 Purchase Money Note /DOT 35,000 00 Loan Charges Settlement or Closing Fee 43440 Recording Charges Government recording charges 13000 Subtotals 75,564 40 35,000 00 Balance Due FROM Buyer 40,564 40 TOTALS 75,564 40 75,564 40 City of Bremerton, a Municipal Corporation By Patty Lent, Mayor Read, accepted and approved By Roger A Lubovich, City Attorney (E- 239620 PFD/E- 239620/55)