Loading...
HomeMy WebLinkAbout9108060075Filed for Record at Request of: :~LEg--~Y: C!TY OF ~P~_~_~TON {AREN FLYNN, AUDITOR CLER)(: BASSE ~hen ~eoo~deO ~et~sn to: Name REL 060 FN Address STATUTORY WARRANTY DEED (For Use in the State of Washington Only) THE GRANTOR, BETTY J. WILSON, for and in consideration of Forty-nine Thousand Five Hundred Dollars ($49,500.00), conveys and warrants to the CITY OF BRE~ERTON, a municipal corporation, the following described real estate, situated in the County of Kitsap, State of Washington: THE SOUTH 55 FEET OF LOT 4, BLOCK 1, HUGH T. WILLIAMS ACRES TRACTS, ACCORDING TO PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 88, KITSAP COUNTY, WASHINGTON; EXCEPT THE EAST 8 FEET DEEDED TO THE CITY OF BREMERTON FOR STREET PURPOSES UNDER AUDITOR'S FILE NO. 308385. DATED this ~7~ day of ~¢ , 1991. BETTY ~ WILSON STATE OF WASHINGTON ) SS. COUNTY OF ~ITTITAS ) On this day, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared Betty J. Wilson, to me known to be the individual described in and who executed the within and foregoing instrument, and acknowledged that she signed the same as her free and voluntary act and deed, for the uses and purposes therein STATUTORY WARRANTY DEED -1- mentioned. GIVEN under my hand and official seal this ~7~ day of , 1991. .Notary Public in and for the State of - ~' · Washington, residing at ~//¢~u~ . ~. ~ My appointment expires: ~-/~-'7~ · NO. ~/~",~ KIT~AP COUNTY TRANSACTION EXCI~ PAID AU(~ 5 1991 AW~,UN'~' OoUNTY STATUTORY WARRANTY DEED - RF" ESTATE PURCHASE & SALE AGREEM;~T ~ THIS CONTRAC',,~.,,JNTROLS THE TERMS OF THE SALE OF TI- ,ROPERTY AND 2 0 C~ -~ C~ AFFECTS YOUR LEGAL RIGHTS. PLEASE READ CAREFULLY B~'~ORE SIGNING. LISTING NUMBER 3~-188 BREMERTON ~WASHINGTON 6 JUNE ,,;.- ~ ~.~- ~r ~ '~ ~ :1~17 1 Selling Broker acknow[edges receipt from C I TY 'OF BREMERTON 2 hereinaftercalledPurchaser, ofthesumof FIVE HUNDRED AND N0/100 ..................................... Dol~rs(~S00.~t ) 3 earnest money [] In the form of a check for $ (which shall be [] deposited the next banking day after receipt by Selling Broker [] held 4 uncashed by ~elring Broker until al~ parties have accepted this ~greement), E] cash for $ .~[~1 note for $ ~00~ 00 ,te~e 5 paid no later than On C].oBJ_n,~ to be he[d: [] riSe ngBroker'spooed rue accoun (w h n e~e~tj~ai(Jt~th~a~lng~on H°USingFun~l) ~ By 6 closing agent, lf theeamest money is to be held byBtokerandlsover$5,000, t shall be deposfted to [] Broker'spooed rusl~C~oun ~ A separate trust accountin Broker's 7 name, with the intere~[credfted to buyerlseller (st rike one) ~t closing. )f this sale fails to close, whoever Is entitled to the earnest money Is entitled to the Interest. Pumhaser and 8 Seller ~ AUTHORIZE)~ DO NOT AUTHORIZE Selling Broker to disburse funds from the earnest money on depos for payment o appra sa], credit report and escrow fees, if any 9 Even though 'DO NOT AUTHORIZE' Is checked in the event he earnest money s forte ed or refunded, any bending charges for appra sa, cred t report and escrow fees may ~ 10 paid from the earnest money before the balance is disbursed to the appropriate party. 11 Purchaser hereby agrees o po chase and Seller hereby agrees to sell that property, located in K I TSAP County, Washington, commonly 12 known as 11 33 NAVAL AVE ~ 8REMERTON and legally described [] as attache~(~ as follows: 13 TAX ACCT #38170010040~07 (Purchaser and Seller authorize Selling Broker or Escrow Agent to insert or correct the legal description over their signature.) 14 1. PURCHASE PRICE: FORTY NINE THOUSAND FIVE HUNDRED AND N0/100 ..................................................... t5 PAYABLEASFOLLOWB: Dollars (~ 49 ~500.00 ) 16 2. APPECABLE PARAGRAPHS SHOULD BE MARKED (X); OTHERWISE, PARAGRAPHS SHOULD BE MARKED (N/A). 17 Purchaser represents that Purchaser has available sufficient funds in cash to close this transaction In accordance with this agreement and Is not relying on any gifts or 18 contingent source of funds or money unless se forth he e n · 19 3. ( X ALL CASH: Purchaser willpay all cash, nc ud ng he earnes money 20 4. ( NA ) LOAN WITH DOWN PAYMENT: Purchaser will pay cash by paying $ down, including earnest money, plus the 21 proceeds of e/an ~ .loan.: ~ 22 5. ( NA )FHA/VAFINANClNG:Purchaserwlllpaycash, includingearnestmoney, plusproceedso an[]FHA[]VAJoanintheamountof$_ 23 C4~'~'of ~ppral~al shall be Purchaser's responsibility. . 24 6. ( NA ) TIME OF LOAN APPUCATION: Pumhaser agrees to apply for the above loan withir~ days 5 days if left blank) after acceptance of h s agreemen by 25 both parties and agrees to provide promptly all requested information and documentation to complete Ban abp~lcation. Cost of appraisal and credit report 26 f~es shall be Purchaser's responsibility. 27 ?' ( NA )ASSUMPTIONOFEXlSTINGMORTGAGE, DEEDOFTRUSTORREALESTATECONTRACT:Purchaserwilipay$ down 28 including eamest money and assume, with [] release of Seller's liability [] substitution of Seller's VA eligibility, an existing [] modgage [] deed of trust [] real estate contract 29 secudog a loan in t he approximate principal balance of $ , payable at $ per month, Including 30 interest at_ % per annum. Monthly payments include [] principal, [] interest, [] taxes, [] hazard insurance, [~ mortgage insurance payment. 31 8. ( NA ) FINANCE CLAUSE: If Purchaser has not within days (30 days f no f ed n after mutual accep ance o h s Ag eement by all parties, given Listing 32 BrOKer notice that Pu chaser has waived this financing cond/ion, Se er may e act to terminale the Agreement by giving written notice of such election to the Selling Broker. If 33 Seller or Listing Broker does not receive written notice of waiver of the financing condition within days (5 days if left blank) of Seller's notice to Selling Broker, this 34 Ag~ement shall terminate and the earnest money shall be refunded to Purchaser. If Purchaser has not waived this condition and is unable to obtain financing by the closing 35 date, after making a best effort, then this Agreement shah terminate and the eamest money shall be refunded to Purchaser. 36 9. ( NA )DEEDOFTRUST:Purchaserwillpay$ -down, including earnest money, andagreestosignapromisso~notetoSeller 37 secured by a deed of trust against the property (using tbe form aftached hereto) for the balance of $ . Total moct hly payments shall be 38 $ , or more, at Purchaser's option, and shall include Interest at % per annum computed on the diminishing principal balance 39 until fully amortized or with the entire balance due: [] year(s) from date of closing, or [] on or before ,19 ._, 40 or [] upon subsequent sale or transfer of property by Purchaser. Interest to commence at closing; first payment due no later than days thereafter. Purchaser agrees 41 to pay to Seller a late charge Of $ or % of any payment not received by Seller within calendar days of its due date. Purchaser 42 further agrees to pay taxes and/or hazard insurance as due. ' ~3 10. ( NA )REALESTA?ECONTRACT:PurchaserwilIpay$ down, lncludingeamestmoney, a~dagmestoslgnarealestatecontract 44 on Form LPS44 attacbed bereto fur the balance Bt $ · Total monthly payment s shall be $ ,or more, at 45 PurchaSer's option, and shalt include interest at .% per annum, computed on the diminishing principal balance until fully amortized or with the entire balance 46 due: []__year(s) from date of closing, [] on or pefore ,19 or [] upon subsequent sale or transfer of property by Purchaser. Interest to 47 commence at closing; first payment due no later than days thereafter. Purchaser agrees to pay to Seller a late charge of $ or __% of 48 any payment not received by Seller within ca enda days of s due da e Purchase urtber agrees o pay taxes and/or hazard insurance as due. Only those optional 49 11. ( NA )PR~PERTYSALEc~NT~NGENcYcLAUsE:Th~sagmementlsc~ntingent~nthesa[e~fPurcbeser~spr~ber~y~catedat(address): 51 12. ( X )ADDITIONALPROVI~IONS: IT IS IJNDERST[~OD THAT MORRIE C. DAWKINS IS A LICENSED REAL ESTATE BROKER IN THE 55 STATF BP 18AC[HIN~,TnN; FNPf('tYFI~ 181TH RFIB RFAETY.. INC. AND A MEMBER OF THE VETERANS COUNCIL AND COUNCILMAN FOR 56 . THE CITY OF BREMERTON. 57 58 13. (X )A't'l'ACHMENTS:Thefollowingattachedheretoispartofth[sagreement:[ 1None[× ] #1 59 provided by (company): 62 64 present or bet er cond ~r~un agreed'possessondate~-(~vne~s-h~----'~" v ......................... ~ ............... , .......... f~ ........ ~,,~,yo,~y=u., " ~ ~ ..... , ) p shares *n light and/or water compan es and/or other assoclahons are included in the sale; and ~ oe*,er nas no notice rom any governments agency of any v o a on of aws relating to subject property. 17, POSSESSION: Purchaser shall be entitled to po 3ion on:)(~ c~osing E] 19_ . ( ) If possession Is by pre-closing rente/agr~"ernent, (copy attached hereto) Purchaser will take possession 0~-- ,19 at rent to Seller of $. .per day until date of closing, payable as follows: ( ) If Seller is to remain in possession by post-closing rental agreement, (copy attached hereto) Seller sha~l pay Pumhaser $ per day until ~ 19 , payable as follows; . 18. INCL?DED ITEMS: Unless otherwise provided herein, linoleum, window screens, screen doors, plumbing and lighting fixtures (except floor, standing and swag lamps bw~ ~ eaaP~liance., shades, blinds, curtain rods, .11 .tt~cbed bathroom fixtures, attached television antennas, attached carpetipg, trees, plants and shrubbery In the yard e tng apparatus and fixtures, awnings, ventilating, cooling and heating systems and existing Irrlgctlon fixtures shall be mcludad in the sale. The following personal property shall remain as part of the sale at no additional cost to Purchaser. RANGF/DVFN 19. LEASED OR ENCUMBERED ITEMS: The property contains the following leased or encumbered fixtures:)(~ none [] The foregoing leased fixtures are Included In this sale and Pumhaser agrees to assume such teeee(s) at closing unless Purchaser's financing requires these fixtures o be owned free and clear, and vendor will sell them, then Seller agrees to purchase them and transfer ownership to Purchaser at closing. 20. CLOSING:Thistransactlonshallbeclosedwithin gO daysa~erdate~fissuance~fpre~~minaryc~mmitmentf~rtitieInsurance~rc~mp~etlon~f~nancing~whichever is later, but not later than JULY 1S ,19~1 · Closing may be sooner by mutual agreement. 'Closed' means the date ~he sale proceeds are available to the Seller. Purchaser and Seller1 will on demand of either, deposit with closing agent all documents ahd monies requested to complete the transaction. It is understood that there are no '.~ rbal or other agreements which modify or a tect this agreement and the Listing and Selling Brokers are no respons ble for delivery of title or possession of property. Seller and Purchaser shall each pay onehalf 0f the escrow fee (0~ escrow cancellati0n fee) unless VA financed, in which case it shall be paid according to VA regulations. If prior to closing, any improvements to he property shall be destroyed or materially damaged by Ere or other casualty, this agreement, at option of Purchaser, shall become null and void. CLOSING AGENT TO BE: 21. ADDITIONAL PROVISIONS: THE PARAGRAPHS PRINTED ON THE REVERSE SIDE HEREOF WHICH ARE CHECKED BELOW ARE INCLUDED IN THiS AGREEMENT: ;~ Title Insurance (#25) [~ Lender's Required Inspections (SAD} ~ Closing Costs (~33) ~D Representations (#36) ~] Attorney FeeS (#39) lC Conveyance (#26) [] FHANA Financing (#31) ~ Legal Rights (#34) ~3 Prorated Items (fY37) ~ Notices (#40) 10 X~ As Is Clause/Purchaser's Optional ~nspections (~27} ~ Assignment (~35) ~ FoHeiture (#38) ~;~ Computation of Time (e41) APPLICABLE TERMS ON REVERSE SIDE)E.~D~D APPUCAGLE TERMS ON REVERSE SIDE READ 1(~ AND AGREED TO SY PURCHASER: t~"u'~ / AND AGREED TO BY SELLER: / 10 22. AGENCY DISCLOSURE: At the signing of this agreement, the Selling Broker (insert names of seffing agent and brokerage as licensed) 10 RE ID REALTY, I NC represented SELf F~ and the Listing Broker (insert names of listing agent and brokerage lg aslicenseq~ JOYCE DOUGLASS. REID REALTY: INC. represented SELLER 10 Each party signing this agreement confirms that prior oral and/or written disclosure of agency was provided to him/her in this transaction. 10 23. AGREEMENT TO PURCHASE: Purchaser hereby acknowledges receip of a co_p,y_ hereof and acknow edges that Purchaser has no received or relied on any s a ements 101 made by Se ng or L st ng Brokers which are not expressed herein. Purchaser s o er s made subject to acceptance by Seller by signature(s) hereon and delivery to 10~ Selling Broker on or before a.mJp.m. , 19 . If Seller does not accept this agreement within the specified time, this agreement is null and void and earnest money shall be refunded to Purchaser. Time is of the essence of this agreement. Purchaser warrants that he/she is of legal age. 11 Seller agrees to pay Purchaser's loan discount if any Inanamoun not oexceed ~- %o the loan which loan may. include the VA funding fee or FHA modgage 11; insurance premium. Seller will not pay any interest rate buy down, loan fee or Purchaser's closing costs unless so pro elsewbe~e In this agreemenL eller agrees to 1 pay for work orders requlred by Purchaser's lender, FHA or VA up to $ N A . ~ ~. ,~/~..~ ~me7 ~.~.._ 11, Listing Broker REID RFALTY Ph. ~77=~D~R Purchaser ~ Address Selling Broker REID REALTY Ph. 377-0046 1 By: Ph. Ph: Hm: Wk: 11.~ 24. ACCEPTANCE AND BROKERAGE AGREEMENT: INVe accept this sale agreement, and agree to pay above Broker(s), at closing, a Brokerage Fee for services rendered of~ -~EVEN % of gross price [] % 121 of firstS ofsaleand %of balance[] $ Antheeventtheeamestmoneyisforfeited, saidmoneyshall, afferdeduction 12; of expenses incurred by Broker(s on behalf ct the parties, be divided equally between the Seller and Broker(s), provided however, that the amount due Broker(s) sha[l not 12.' exceed the agreed fee. I/VVe acknowledge receipt of a true copy o h s agreemen, s gned by both part es Should this transaction be sub act to a real estate excise tax or 1 sales tax on brokerage fees, Seller agrees to pay same and authorizes closing agent to deduc such tax from he proceeds o the sa e. 12~ ( ) Se/let's counter offer is attached hereto and is subject to acceptance by Purchaser by signature(s) hereon on or before a.mJp.m, on 12~ --l...c'-'.ll' //1 ~-~ ./~, ~ . Acceptance of this counter offer shall not be effective until signed copy hereof is actually received by Listing Broker. 127 Seller's Loan # 133 A true copy of the foregoing, signed by Saner, is hereby rece[vdd on , I~__ 134 Purchaser Purchaser 135 If a CO-DP transaction between above named Brokers, brokerage fee to Selling Broker shall be iD % of gross pdce [] % of first 136 $ of sale and __% of balance [] $. 137 ( ) THIS OFFER REJECTED BY SELLER ON _, 19.__ 138 Seller Seller 139 © Computer MLS 1990 / Rev. 9/1990 Addendum 1 to Real Estate Purchase & Sale Agreememt# 20979 PROPERTY DIMENSIONS It is understood' and acknowledged that the only property dimensions represented in this transaction are those stated in the most recently recorded legal description and/or plat map, and that the Seller(s) and agent(s) representing the Seller(s) herein, as parties to this Purchase and Sale Agreement, do not make any representations as to the physical location of the above dimensions. 0nly a surveyor, licensed by the State of Washington, can locate the actual property boundary lines- corners. Existing fences or other markings should not be considered as accurate unless evidence of a survey can be provided to substantiate them. SELLER CHASER DATE DATE C,-1 & 2 TICOR TITLE INSURANCE Commitment for Title Insurance Commitment No. : J-118480 Effective Date of Commitment: JUNK 14, 1991 AT 8:00 a.m. Customer Reference : WILSON/CITY OF BREMERTON Prepared for: CITY ATTORNEY'S OFFICE ?~ ~ ~ ~' ~!, ~.~ ?: BREHERTON, WA. 98310 ~'~' ? '~ Attention: JACKIE ii/.i' ~.~1'i! Inquiries should be d£rected to: ''~::'~,~'.--L~ ']~'~:1: PIONEER TITLE COMPANY 706 PACIFIC AVENUE BRF2iERTON, WASHINGTON 98310 Call: 377-3771 KAI~N WAL?ERS, TITLE CLOSER SUZIE BANE OR MICHAEL B. ~ROCE, TITLE OFFICERS TICOR TITLE INSURANCE COMPANY OF CAUFORNIA, (a stock company), a California corporation, herein called the Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Sched- ule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the Conditions and Stipulations hereof. This Commitment shall be effective only when the identity of the proposed insured and the amount of the policy or policies committed for have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsequent endorsement. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate one hundred eighty (180) days after the effective date hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company TICOR TITLE INSURANCE COMPANY OF CALIFORNIA By President Attest Secretary [ - J-118480 SCHEDULE A 1. Policy or policies to be issued: American Land Title Association OWNER'S/PURCHASER'S POLICY (10-21-87) Coverage : STANDARD LIABILITY : $49,500.00 PREMIUM : $269.00 TAX : $20.98 RESIDENTIAL RESALE RATE PROPOSED INSURED: CITY OF BREMERTON 2. The estate or interest in the land described or referred to in this commitment and covered herein is a FEE SIMPLE ESTATE. 3. Title to said estate or interest in said land is at the effective date hereof vested in: BETTY JANE WILSON, AS HER SEPARATE ESTATE 4. The land referred to in this commitment is located in the County of Kitsap, State of Washington, and described as follows: THE SOUTH 55 FEET OF LOT 4, BLOCK 1, HUGH T. WILLIAMS ACRES TRACTS, ACCORDING TO PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 88, KITSAP COUNTY, WASHINGTON; EXCEPT THE EAST 8 FEET DEEDED TO THE CITY OF BREMERTON FOR STREET PURPOSES UNDER AUDITOR'S FILE NO. 308385. 2 - J-118480 SCHEDULE B I. The following are the requirements to be complied with: A. Instruments necessary to create the estate or interest to be insured must be properly executed, delivered and duly filed for record. II. Schedule B of the policy or policies to be issued will contain exceptions for: A. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires for value of record the estate or interest or mortgage thereon covered by this commitment unless the same are disposed of to the satisfaction of the Company. B. The standard coverage policy/policies applied for will contain as exceptions in Schedule B thereof: '~ 1. Indian tribal codes or regulation, Indian treaty or aboriginal rights, including easements or equitable servitudes. 2. Those particular standard exceptions which are printed on the reverse of page 1 thereof, and more particularly identified as: A TO H C. SPECIAL EXCEPTIONS: The policy or policies to be issued will contain exceptions for the following matters unless the same are disposed of to the satisfaction of the Company: 1. Lien of real estate excise sales tax upon any sale of said premises, if unpaid. We note for your information that said premises is located within the incorporated City of BREMERTON. The present rate of real estate excise tax as of the date herein is 1.78%. 2. GENERAL TAXES as follows, plus interest after delinquency: First half delinquent May 1; Second half delinquent November 1; Year 1991 Amount billed $70.80 Amount paid $35.40 Amount due $35.40 Tax account no. : 3817-001-004-0407 Tax levy code : 0010 3. LOCAL IMPROVEMENT ASSESSMENTS, AND/OR SPECIAL ASSESSMENT, if any, levied by the City of BREMERTON. 4. Said taxes as billed reflect an exemption. Any change in ownership or death of the taxpayer may result in curtailment of the exemption and an adjustment of the amount of the taxes ~ue. No insurance is given against any additional taxes levied against said premises caused by the curtailment of said exemption. Total tax before exemption was $505.33. 3 - 3-118480 5. EASEMENT for electric transmission and distribution line, granted to Puget Sound Power and Light Company, a Washington Corporation, by instrument herein described; together with the right to cut brush and trees on adjacent property which, in the opinion of the grantee, constitute a menace or danger to the line and the right to enter adjacent property for the purpose of making repairs to the line; together with the right to extend from said line. Recorded : OCTOBER 30, 1986 Auditor's No. : 8610300061 NOTES: NOTE 1: Investigation should be made to determine if there are any service installation, maintenance or construction charges for sewer, water, garbage or electricity. NOTE 2: A consolidated statement of all charges and advances in connection with this order will be provided at closing. NOTE 3: In the event the transaction f~ils to close and this commitment is cancelled, a fee will be charged to comply with the State Insurance Code and the filed Schedule of this Company. ,.,END OF SCHEDULE B.., J-118480 ~o.~,~l~limen~$ of ~ Ticor Tiff, Insurance Company ORDER NO. J- /1 ~/ 0~ 706 Pacific Avenue · Bremenon. Wasmngton 98310 Phone: 377-3771 or 800-562-5954 lIVY GREEN souTH c/-/~LESro~ .'-'.,., ,.; '..-,~.:, ~., CEMETERY S TREE T ~ SELLER'S CLOSING STATEMENT SELLER: BETTY J. WILSON PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION: THE SOUTH 55 FEET OF LOT 4, BLOCK 1, HUGH T. WILLIAMS ACRES TRACTS, ACCORDING TO PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 88, KITSAP COUNTY, WASHINGTON; EXCEPT THE EAST $ FEET DEEDED TO THE CITY OF BREMERTON FOR STREET PURPOSES UNDER AUDITOR'S FILE NO. 308385. AMOUNTS DUE SELLER Total Purchase Price $49,500.00 REDUCED by Seller's Closing Costs: Real Estate Commission to Reid Realty pursuant to letter attached $2,512.12 Total Seller's Closing Costs $2,512.12 (2.512.12) TOTAL CASH PROCEEDS PAYABLE TO SELLER AT CLOSING [$~_46,98 ~ , NOTE: It is further understood and agreed 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 ~7~ day of ~Uz~ , 1991. BETTY J~. ~WILSON CIT~ BREM~i~3N IAN R. SIE~ERS Attorney for City of Bremerton PURCHASER'S CLOSIN~ STi~TF~ENT SELLER: BETTY J. WILSON PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION: THE SOUTH 55 FEET OF LOT 4, BLOCK 1, HUGH T. WILLIAMS ACRES TRACTS, ACCORDING TO PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 88, KITSAP COUNTY, WASHINGTON; EXCEPT THE EAST 8 FEET DEEDED TO THE CITY OF BREMERTON FOR STREET PLrR.POSES UNDER AUDITOR'S FILE NO. 308385. Total Purchase Price Payable at Closing $49,500.00 ADD Purchaser's Closing Costs to Cash Payment Payable at Closing Title Insurance Premium Ticor Title Insurance Co. $289.98 Recording Fee for Statutory Warranty Deed 8.00 Total Purchaser's Closing Costs $297.98 ( 297.98) TOTAL CASH REQUIRED FROM PURCHASER TO CLOSE $49.797.98 NOTE: It is further understood and agreed 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 ~7~ day of ~ , 1991. ~~C J BR ON IAN R. St-EVERS Attorney for City of Bremerton county in wh~ch property ia lOCllled. REAL ESTATE EXCISE TAX by ~..h~. P.y ~, c..~ or c.,,Ind PLEASE TYPE OR PRINT C~APTER 458-~, WAC THIS AFFIDAVIT WILl. NOT BE ACCEPTED ~NLE~8 ITEMS (:~ THROUGH (~ ARE FULLY COMIN.ETEO i N.ma Betty J. Wilson : Nsme City of Bremerton 705 South Willow "'~ Street 239 Fourth Street Ellensburg WA. 98926 Bremerton WA. 98310 (~ NEW OWNER'S Name City of Bremerton ALL TAX PARCEL NUMBERS PERUANENT AOO.ESS FOFI ALL PROPI:aTY Street 239 Fourth Street 3817-001-004-04'07 COR.ESPONOE.¢~ ¢,y/State Bremerton, WA. z~ 98310 LEGAL DESCRIPTION OF PROPERTY SITUATED IN UNINCORPORATED ,COUNTY [] OR IN CiTY OF Bremerton THE SOUTH 55 FEET OF LOT 4, BLOCK 1, HUGH T. WILLIAMS ACRES TRACTS, ACCORDING TO PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 88, KITSAP COUNTY, WASHINGTON: EXCEPT THE EAST 8 FEET DEEDED TO THE CITY OF BREMERTON FOR STREET PURPOSES UNDER AUDITOR'S FILE NO. l~[Ki[~[][ 308385. (~) Is this propedy currently: YES NO (~) Deecriptionofpersonelpropertyifinclndedinesle(furniture. sp- Classified or designated as forest land'/ [] [] pliances, etc.) Chapter 84.33 RCW Classified sa current use land (open space, [] [] farm and agricultural, or timber)? Chapter 84.34 RCW If exemption claimed, explain Real Esta~.e Excise Exemptfrompropertytexundernooproflt [] [] TaX Exem~)~ Pursuant to organizations Chapter 84.36 RCW? WAC 458-61-420. Receiving special valuation es historic [] [] property under Chapter 84.26 RCW? Type Property: [] landonly [] land with new bullding. Type of Oocument _~tatutory Waccantv Deed Oat. ofOocume.t ~--_~t ~ ;Q.--I ) I ~c5 \ ~ lend with previoualy [] landwithmobilehome Gross Sale Price 1/ 0- $ 49,500.00 used building Personal Property (deduct) 2 / $ -- 0 -- SEE TAX OBLIGATIONS ON REVERSE SIDE Taxable Sale Price $ --0-- (~ Excise Tax: State $ --0-- (1) NOTICE OF CONTINUANCE (RCW) 84.33 or RCW 8,4.34) If the new owner(s) of land that is classified or designated as current use or forest Local 3/ $ --0- 1and wish(es) to continue the classification or designation of such land, the new Delinquent Interest: 4/State $. --O-- owner(s) must sign below. If the new owner(s) do(es) not desire to continue such classificalion or designation, all compensating or additional tax calculated pursuant Local $. --0- to RCW 84.33.120 and 140 or RCW 84.34. tO8 shall be due end payable by the seller Delinquent Penalty: 4/State $. --O-- or transferor at the time of sale. The county assessor must determine il the land transferred qualifies to continue classification or designation and must so indicate Total Due S. --0- below. Signatures do not necessarily mean the land will remain in classification or designation. If it no longer qualifies, it will be removed and the compensating taxes (SEE I-8 ON REVERSE SIDE) Thisland [] does [] does not qualify ~) AFFIDAVIT for continuance. DEPUTY aSSESSOR I CERTIFY UNDER~.EN~TY/.Q~ PERJURY UNDER THE LAWS OF THE STATE OF/~/ASHIf~TON//THAT THE FOREGOING IS TRUE DATE AND CORRECT ~aee~/o~veree for pen.ltiea). (3) NOTICE OF COMPLIANCE (Chapter 84.28 RCW) SIGNATURE''~,~'''-----~"~'r-~,~ .... ~'~ If the new owner(s) of property with special valuation aa historic property wish(e) to continue this special valuation the new owner(s) must sign below. If NAME (print) IAN R. S I EVERS the new owner(a) do(es) not desire to continue such special valuation, all addi- tional tax calculated pursuant to Chapter 84.26 RCW. shall be due and payable DATE & PLACE OF SIGNING: Br emert on, WA. (3) OWNER(S) SIGNATURE SPECIFY (circle): grentor/grefltee/grentof's agen Address of residence or place of business of person signing (specie): 239 Fourth Street B~eme~ton, WA. 98310 The following optional questions are requested by RCW 82.45.120 interest corporate affiliates, related parties, 1 [] 2 [] a. Subject to elderly, disability, or physical improvement t• 2[] trust, receivership or an e~tele? exemption? f. la the grantee acting es e nominee for e third 11-'1 21'-] b. Does building, if any, have · heat pump or adler 1[] 2 [] party? c. DOeS this conveyance divide e current parcel of lend? 1 [] 2 [] t [] agricultural 2 [] condominium 3 [] recreational d. Does sale include current crop or merchantable 4 [] apt(4+ units) 5 [] industrial 6 [] residential timber? 1~ 2[] 7 [] commercial 8 [] mobilehom, g [] timber FOR TREASURER'S USE ONLY ~o.u ~'v .4-~oo, ~ (7,,~) -.85- COUNTY TREASURER -~ AGENDA BILL v BREMERTON CITY COUNCIL 1. SUBJECT: REAL ESTATE PURCHASE FOR AGENDA OF: 5/15/91 AND SALES AGREEMENT - ORIGINATING DEPT: ADMIN SERVICES. 1133 NAVAL AVE ORIGINATOR: K. McCLUSKEY ~ DATE SUBMITTED: 5/10/92 2. ~: (comment on back 3. EXHIBITS: if necessary) ENDORSEMENT~INFOPJiATIO~L__---APPROVED BY COUNCIL PRESIDENT FO~BMITTAL: MAYOR ~COUNOIL PRESIDENT 4. SUMMARY STATEMENT AND REOUIREMENT FOR COUNCIL ACTION: The attached agreement is for purchase of property at 1133 Naval Avenue. This property is adjacent to the City owned Ivy Green Cemetery. The purchase price is $49~500 payable by May 25, 1991 9. RESPONSIBLE OFFICIAL:~ ENFORCEMENT OFFICIAL:~ EXPIATION DATE: REVIEW DATE: PULLED TABLED ' ~ DATE: 11. AGENDA BILL NO: q'{- Ig / REID REALTY ER/ , INC. June 5, 1991 Betty J. Wilson 705 South Willow Ellensburg, WA 98926 Re: Sale of 1133 Naval Avenue, Bremerton, Washington to City of Bremerton Dear Mrs. Wilson: The purpose of this letter is to clarify my position regarding sale of the above-referenced property to the City of Bremerton. As stated in Addendum 1 to the Purchase and Sale Agreement dated February 7, 1991, I am a member of the Veteran's Council and a Councilman for the city of Bremerton. I had been aware for some time the City was interested in acquiring the above-referenced property. When I noticed the property listed with ERA Reid Realty, by whom I am also employed, I submitted an earnest money offer in order to hold the property since / had no authority to bind the city of Bremerton until such time as the City Council met and authorized the purchase of the property. Since I was acting on behalf of the city of Bremerton in making the offer, I cannot charge a commission for my services. My portion of the commission would be 27.5 percent of the total commission of $3,465.00. Therefore, I would propose the portion of the commission which would normally have gone to me be paid to you and T hereby waive any right to that commission. So there will be no I misunderstanding, the total commission to you will be the sum of ~$2,§12.12, rather than $3,465.00. ~' am sending the original and .a copy of this letter with .the ~req~es~ t~t you e~dorse receipt and agreement on the copy, returning it to me In the self-addressed envelope. deliver a copy of the letter to the escrow company who will deduct- the smaller fee with the net proceeds of sale being delivered to you. If you have any questions, 'please call me. AgentDRAWER TT WYCOFF STATION · BREMERTON, WA 98312 ..206-~7-0046 SEARLE TOLL FREE: 622~160 - IACOMA TOLL FREE: 572-8357 OFFICE OFTHECITYATTO~NEY · IANR. SIEVERS, CITY ATTORNEY ~t~wa¥ m ~ 01~ and Ho~ ~ t~ ~get ~und Nam ~i~ard June 25, 1991 FEDERAL EXPRESS DELIVERY Frederick & Beckley Attorneys at Law 701 North Pine Ellensburg, Washington 98926 Re: Betty J. Wilson/City of Bremerton Transaction 1133 Naval Avenue, Bremerton, WA. TO WHOM IT MAY CONCERN: Pursuant to the above-mentioned real estate transaction, please find enclosed with this letter the original and a copy of a Statutory Warranty Deed; Seller's Closing Statement and Purchaser's Closing Statement, together with a check made payable to Betty J. Wilson, c/o Frederick & Beckley, in the amount of $46,987.88, as and for her proceeds in this transaction. Please have Mrs. Wilson review the enclosed documents and, if they meet with her approval, please have her execute the originals of the same and return them to our office in the enclosed, self- addressed, stamped envelope. She may keep the enclosed copies for her records. I have also enclosed a copy of the 1% Real Estate Excise Tax Affidavit for Mrs. Wilson's information. Please note that you are not authorized to release the check to Mrs. Wilson until she has executed the Deed and Closing Statements and said documents have been mailed to our office. If you have any questions or concerns in regard to this matter, please do not hesitate to call my office. Thank you for your assistance. Very truly yours, JACKIE R. DIXON L~gal Assistant to IAN R. SIEVERS Enclosures: as cited cc/w/enc: Mr. Morrie Dawkins, Reid Realty 239 4TH STREET · BREMERTON, WA 98310 · (206) 478-5345