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HomeMy WebLinkAbout9405170095 ORIGINAL Filed for Record at Request of: When Recorded Return to: Name IBremerton City Clerk Address 239 Fourth Street Bremerton, Washinqton 98310_ STATUTORY WARRANTY DEED (For Use in the State of Washington Only) THE GRANTOR, SHERLINA D. HARMON, as her 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 26, Block 25, Bremerton Heights, according to plat recorded in Volume 3 of Plats, Page 41, in Kitsap County, Washington; EXCEPT the South 10 feet thereof. DATED this 6TH day of APRIL , 1994. SHERLINA D. HARMON STATE OF CALIFORNIA ) : SS. COUNTY OF STANISLAUS ) On this date, before me, the undersigned, a Notary Public in and for the State of CALIFORNIA , duly commissioned and sworn, personally appeared SHERLINA D. HARMON, to me known to be the }4armon. S~O - ]/2~/94 FRANSACTION EXC}b-'E TAX PAID MAY 17 1~J4,~, AMOUNT 7~-~ F;OUNTY TRIEASURF_~ 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 mentioned. GIVEN under my hand and official seal this 6TH day of APRIL ~ . ~O~ /N~ary Public in and for the State of NoTACOmm[:#904287RN~A~RYPUS C CALIFO u/~(~ALT~RNTA , residing at ~ STAN!SLAUSCOUNTY 0 My appointment expires: 01/10/95 Comm. Expires Jan. 10, 1995 ~ STATUTORY WARRANTY DEED -2- Harmon. SWD - ]/21/94 AMERICAN LAND TITLE ASSOCIATION OIFNER'$ POLICY (4-6-90) 46 0025 60 003625 CHICAGO TITLE INSURANCE COMPANY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, CHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding thc Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land. The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but only to the cxtem provided in the Conditions and Stipulations. In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to he signed and sealed as of Date of Policy shown in Schedule A, the policy to become valid when countersigned by an authorized signatory. CHICAGO TITLE INSURANCE COMPANY Issued by: By: OF KITSAP COUblTY, INC. 400 Warren Avenue Bremerton, Washington 98310 ~ prcsid~ (206) 377 - 0133 ~~.~ By: Secretary Box 6: Box 7: Box 9:800 Box 15~ LAND TITLE COMPANY OF KITSAP COUNTY ALTA OWNER'S POLICY STANDARD SCHEDULE A Office File NO.: E-96587-3 Policy Number: 48 0025 60 003825 Date of Policy: May 17, 1994 at 10:33 p.m. Amount of Insurance: $43,000.00 Premium: $228.00 1. Name of Insured: CITY OF BREMERTON, a municipal corporation 2. The estate or interest in the land which is covered by this policy is: A FEE 3. Title to the estate or interest in the land is vested in: CITY OF BREMERTON, a municipal corporation 4. The land referred to in this policy is described as follows: SEE LEGAL DESCRIPTION ATTACHED ON "EXHIBIT A" AND BY REFERENCE MADE A PART HEREOF SCHEDULE A ALTA Owner's Policy 10-17-92 EXHIBIT Office File No.: E-96587-3 DESCRIPTION: Lot 26, Block 25, Bremerton Heights, according to plat recorded in Volume 3 of Plats, Page 41, in Kitsap County, Washington; EXCEPT the South 10 feet thereof. SCHEDULE B Office File No.: E-96587-3 Policy No: 48 0025 60 003825 EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: GENERAL EXCEPTIONS: A. Rights or claims disclosed only by possession, or claimed possession, of the. premises B. Encroachments, and questions of location, boundary and area disclosed only by inspection of the premises or by survey. C. Easements, prescriptive rights, rights-of-way, streets, roads, alleys or highways not disclosed by the public records. D. Any lien, or right to a lien, for contributions to employee benefit funds, or for state workers' compensation, or for services, labor, or material heretofore or hereafter furnished, all as imposed by law, and not shown by the public records. E. Taxes or special assessments which are not yet payable or which or not shown as existing liens by the public records. F. Any service, installation, connection, maintenance, tap, capacity or construction charges for sewer, water, electricity natural gas or other utilities, or garbage collection and disposal. G. Reservations and exceptions in the United States Patents or in Acts authorizing the issuance thereof; Indian tribal codes or regulations; Indian treaty or aboriginal rights, including easements or equitable servitudes. H. Indian tribal codes or regulations, Indian treaty or aboriginal rights, including easements or equitable servitudes. I. Water rights, claims or title to water. J. 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 of record for value the estate or interest or mortgage thereon covered by this commitment. FOR SPECIAL EXCEPTIONS, SEE ATTACHED Office File No.: E-96587-3 Policy No.: 48 0025 60 003825 ALTA STANDARD OWNERS POLICY SCHEDULE B - cont'd SPECIAL EXCEPTIONS: $C/jt END SCHEDULE B STREET STREET S TREE T SELLER'B CLOSING STATEME~V~ SELLER= SHERLINA D. HARMON PURCHASER: CITY OF BREMERTON LEGAL DESCRIPTION= Lot 26, Block 25, Bremerton Heights, according to plat recorded in Volume 3 of Plats, Page 41, in Kitsap County, Washington; · EXCEPT the South 10 feet thereof. ;MMOUNTS DUE/PAID SELLER Total Purchase Price $43,000.00 Less Earnest Money Paid (1,000.00) Less Mortgage Payoff Balance to Midwest Services (See Exhibit "A" attached) (14,44L.24) Cash payment payable to Seller at Closing REDUCED BY Seller's Closing Costs: Title Insurance Premium (Land Title Insurance Company) $ 246.47 .~ .First 1/2 Kitsap County Property Taxes 'Property tax higher HIIXX x~ ~$ X ~XI$IiX~IiX~X ~TXXXX because of late closing due to N~XXaISXl~=XXXX Seller's move ~~$ ($475.03, plus to California & $4.?5 interest) 4?9.?8 time involved1% Real Estate Excise Tax in obtaining (1.78% - Kitsap County mortgage Trea surer) 765.40 satisfaction from Spokane.7% Real Estate Commission $3,010.00 (1/2 to Shamrock Realty - 1/2 to All Points Properties) 3. 010.00 Total Seller's Closing Costs ~~ TOTAL CASH PROCEEDS PAYABLE TO SELLER AT CLOSING SELLER'S CLOSING STATEMENT --1-- #ARNON.$C$ - REAL ESTATE - NOTE: It is 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 ~day of 1994. ! SHE~INA D. HARMON SELLER'S CLOSING STATEMENT -2- I~ARH~,S¢S - R£&L EST&TE - 1~/21/9~ HAR-10-1994 14:19 FROH MET~ SERVICES TO 120~4785i~1 P.O1 / ~ST 929 SP~G~E AV~UE / P.O. ~OX 2162 ~ S~O~, WAShinGTON 99~10-2162 / ~O~E (S00) 662-~0~2 ~arch 10, 1994 City of Bremerton Legal Department Attn: Jackie Dixon _Post-It"' I~ran~ fax transmit al memo 7671 File ~o.: ?62666 _-- - Principal Balance Interest at 10.5% from 03/15/94 to 03/15/94 $ 14,260.73 Add Per diem interest from 03/16/94 T~E?4.16 per day $ 0.00 **P~ DZ~ Z~BT IS ~ ~ 0N a 360 DAY ga~ Reconveyance Update $ 50. Other: demand/Previous ~tatement fee $ 65.00 Pax Fee $ 0.00 Impound Balance $ 2. ..... $ 0.00 ~f Payoff ts ~eceived by 03/15/94 B~O~ **PAYOP~ F~S ~ST BE ~E BY EZTE~ CASHZ~'8 ~EC~ OR MONEy ORDER* * iF A P~RSO~ ~CK IS ~C~I~D ~R PAYOFF T~ WILL BE 14 DAy DE~y BEFO~ ~ D~ P~P~TZoN OR ~FU~s 8ECiNS. ~E: A ~CE~TzoN ~E~ OF $50.00 IS D~ Z~ THIS ~S~ ~CEL~D. ~ST SERVI~s WZ~ HOLD ~ p~ ~O ~Q~STED DE~ STATE~NT LZ.~LE FOR T~T F=E. UPDATED D~ F~E IS $15.00 I~ T~ PAYOFF IS ~Z~D $~RT, ~ WILL NOT SE~ ~Z~NT D~U~NTs ~TIL T~ SHORTAGE IS PAID. AS A ~S~T OF YOUR PAYOF~ STATE~ ~ST, ~ WILL N~ ~ PAYING ~Y ~ ~STATE T~S OR ZNsu~CS P~UHS T~OUGH T~ ~I~TZOH DATE OF THIs STAT~ SO T~T ~O~ P~SE~ ES~OW ~CE ~ BE USED TO D~TE~I~ T~ ~O~ ~CESS~y TO PAYOFF XO~ ~. PL~SE N~= AS T~S ~ ZNS~ ~MZ~s WILL NOT BE PAID T~Is TI~, IT IS POSSIBLE ~: (1} ~DZTIO~ ~STS ~y BE .. TO Y0~ ESCROW ACCOST BY T~ZNG AUTHORITIES IF T~S ~ P~D (~) YOU ~y ~os~ Yo~ ZN~ T ~u; (4) YOU ~y ',0-~ .... ':-' (3) DUPLICAT~ PA~S ~X ~T mel~ free PURCHASER'S CLOSING STATEMENT SELLERs SHERLINA D. HARMON PURCH~SER~ CITY OF BREMERTON LEGAL DESCRIPTION: Lot 26, Block 25, Bremerton Heights, according to plat recorded in Volume 3 of Plats, Page 41, in Kitsap County, Washington; EXCEPT the South 10 feet thereof. AMOUNTS DUE/PAID SELLER Total Purchase Price $43,000.00 Less Earnest Money Paid (1,000.00) Less Mortgage Payoff Balance to Midwest Services Cash payment payable to Seller at Closing $27,5~.7~ ADD Purchaser's Closing Costs to Cash Payment Payable at Closing: Recording Fee for Statutory Warranty Deed (Kitsap County Auditor) $8.00 Total Purchaser's Closing Costs $8.00 8.00 TOTAL CASH REQUIRED FROM PURCHASER TO CLOSE NOTE: It is 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 ~ d~scovered, it is to be assessed and immediately ~ollected from the party or parties liable therefor.~ - ACCEPTED AND APPROVED thi~//~~1 day of , 1994.  B~tI~RTON B~~torney PURCHASER'S CLOSING STATEMENT HARNON.PCS - REAL ESTATE - PLEASE TYPE 08 Pals'r REAL ESTATE EXCISE TAX AFFIDAVIT ThiSby cashier.f°rm is your receipt when stamped Form No. 84 000lA [ CHAPTER 82.45 RCW - CHAPTER 458-61 WAC For Use at County Treasurer's Office (Use Form No. 84-0001B for Reporting Transfers of Controlling Interest of Entity Ownership to the Department of Revenue) THIS AFFIDAVIT WILL NOT BE ACCEFFED UNLESS ALL ITEMS ARE FULLY COMPLETED iStreet ~" -~/ / . ~ a:~ City State $/A. Zip 98310 I-'C - , ,' .~tare p-- Bre~rton, [] ADDRESS TO SEND ALL PROPERTY TAX RELATED CORRESPONDENCE ALL TAX PARCEL NUMBERS .~l~i~6~:..~::i!~ii~i::~: Street 239 Pout'th Street City/State Bx'~rtoll, I4A, Zip 98366 ~1' [] LEGAL DESCRIPTION OF PRoPER~y sITUATED IN [] UI~INCORPORATED~ C(SUNTY [] OR IN CITY OF t. 306 "D" Str~t, Bram~rton, Street Address (if property is improved): Lot 26, Block 25, remarton Ft~tg, hta, aeeordtnp to ¢lat racordad tn Volmae 3 of Pl~t~, Page 61, In ICitsap County, Waahington: /EXCEPT the South 10 feet thereof. Does th~s transfer of real property refiner the transfer or acquisition of thc controlling interest in an cntky with an interest in ruaI property in this state? Yes[~ No~ If yes, 'this transfer of controlling interest must also be reported to thc Department of Rcvcnua within five days of the sale on Form No, 84 000lB. ]Is this YES NO [] of if included in sale (furniture, property Dcscrlption tangible personal property Classified or designated as forest land7 [] [] appliances, etc.) Chapter 84.33 RCW Classified as current use land (open space, farm [] and ag~hral, or timber)? Chapter 84.3~ agW Exempt frodt property tax under nonprofit [] [] If exemption claimed, put WAC number and title. organiZatiodi7 Chapter 84.36 RCW Receiving s~eeial valuation as historic [] [] WAC Number property udder? Chapter 84.25 RCW WAC Title Property Type:. J~] land only [] land with new building Statutory 14arrantV l~ed land with previously [] land with mobile homo Type of Document used building April 6, 199~' t~3:000.0~ I~l (1) NOTICE OF CONTINUANCE (RCW 84.33 or RCW 84.34) Gross Sale Price $ -0- If the new owner(s) of land that is classified or designated as current use Personal Property (deduct) $ t,'~ ,,A,-, ,.~..-, or forest land wish to continue the classification or designation of such land, Taxable Sale Price $ '16 5. t~ 0 the new owner(s) must sign below. If the new owner(~) do not desire to continue such classification or designation, all coml~ensating or additional Excise Tax State ' $ .- - tax calculated p6rsuant to RCW 84.33.120 and 140 ot,RCW 84.34.108 shall Local / ~ $ be due and }~able by thc seller or transferor at the lm~ of sa e. The county Delinquent Interest: State $ assessor mast'determine if the land transferred qualifies to continue cl~,ssification or designation and must so ndica e below. Signatures do not Local $ 0 - necessarily mean the land will remain in classification or designation. If Delinquent Penalty: State $ ?~5,4~ it no longer qualifies, it will be removed and the compensating taxes will Total Due $ be applied. All new owncm must sign. THERE IS A $2.00 FEE FOR PROCESSING THIS FORM IF NO TAX IS DUE. This land [] does [] does not qualify for continuance. [] ~ '% - AFFIDAVIT Date Icert L~na~of perjury under the laws of the state of DEPUTY ASSESSOR Washingtd/i'Mlat the fo¥~going is true and correct. (2) NOTICE OF COMPLIANCE (Chapter 84.26 RCW) ~, , : ,/ If the new owner(s) of property with special valuation as historic propcrt~ ~ of ~:~".// // -.4' wish to continue this special valuation the new owner(s) must sign below?' SHERI~I[qA ID * }lA~Olq If the new owner(s) do not desire to continue such special valuation, all Name (print) additional tax calculated pursuant to Chapter 84.26 RCW, shall be due and Date & Place of Signtn~ .-~ , (3) OWNER(S)SIGNATURE ~ S~naturla.~_A~/~ "~/~..'- Name (print) .. Date & Place of Signing [] PERJURY Perjury is a ciass C felony which is punishable by imprisonment in a state correctional institution for a maximum term of not more than five years, or by a fine in an amount fixed by the court of not more than five thousand dollars ($5,000.00), or by both imprisonment and fine (RCW 9A.20.020 (lC)). DISTRIBUTION: Original - County Treasurer 1st Copy - Department of Revenue 2nd Copy - County Assessor 3rd Copy - Taxpayer April 12, 1994 e:,, City of Bremerton Warrant Number: GENERAL CLAIM DOR NUMBER },{ETX~CST ~ER~ ~[(~]~ S D E Department of Utilities & Public West 929 Sprague Avenue A R · T P. O. Box 2162 M E Spokane~ Washington 99210-2162 N T DESCRIPTION TOTAL Payoff of mortgage for property located at 4306 "D" Street, Bre~erton, owned by Shirlina D. Harmon - Metwest Services File No. 762666 (See attached Payoff Demand dated 3/10/94) $14,511.80 I FUND IDEm l &q,/S I EL { O~ I PR~E~ INVOICE#UMBER IN~ICEDXTE AMOUNT ~YMENTNO. 3/10/94 $14,511.80 CERTIFICATION I. THE UNDERSIGNED, DO HEREBY CERTIFY UNDER PENALTY OF PEP, JURY, THAT THE MATERIALS HAVE BEEN FURNISHED, TH1 SERVICES RENDERED OR THE LABOR PERFORMED AS DESCRIBED HEREIN, AND THAT THE CLAIM IS JUST, DUE AND AN UNPAII OBLIGATION AGAINST THE CITY OF BREMERTON. AND THAT I AM AUTHORIZED TO AUTHENTICATE AND CERTIFY TO ~AID CLAIIv X ~~ ~ ORDER RECEIVED BY LEGAL DEPARTMENT May 5, 1994 Ms. Sherlina D. Harmon 929 N. Olive Turlock, California 95380 Re: 4306 "D" Street, Bremerton, Washington Harmon/City of Bremerton Transaction Dear Ms. Harmon: We have now closed the above-referenced transaction. Please find enclosed conformed copies of the following documents for your information and records: 1. Copy of Deed of Trust between Sherlina D. Harmon, as Grantor, and Michael A. Shaffer and Roxanne L. Shaffer, as Beneficiaries, dated January 18, 1991. (Original Deed of Trust given to Stewart Title Company, Trustee, for use in processing Full Reconveyance); 2. Copy of Promissory Note from Sherlina D. Harmon to Michael A. Shaffer and Roxanne L. Shaffer, dated January 18, 1991, marked "Paid". (Original Promissory Note given to Stewart Title Company, Trustee on Deed of Trust, for use in processing Full Reconveyance); 3. Copy of check for $42.00 reconveyance fee issued from Western United Life Assurance Co., Inc., to Stewart Title Company;' 4. Copy of Request for Full Reconveyance executed by Western United Life Assurance Company, dated September 7, 1993, together with letter to Stewart Title Company to request processing of Full Reconveyance; 5. Copy of Statutory Warranty Deed between Sherlina D. Harmon and the City of Bremerton, dated April 6, 1994, together with copy of corresponding 1% Excise Tax Affidavit; 6. Copy of Purchaser's Closing Statement; and 7. Copy of Seller's Closing Statement. 2394THfiTREET · BREMERTO~, WA 98310 · (206) 478-5260 Ms. Sherlina D. Harmon May 5, 1994 Page 2 I am also enclosing a check to you in the amount of $22,986.55 as and for the Seller's closing proceeds in this transaction. You will note, from the enclosed copy of the Seller's Closing Statement, that property taxes were higher than originally calculated due to the later date of closing. The first half of property taxes in the amount of $475.03 were due April 30th and since we are now in May, interest in the amount of $4.75 was added for a total property tax amount of $479.78. Please do not hesitate to call our office if you have any questions in this regard whatsoever. 'ncerel~, Legal Assistant to Ian R. Sievers cc: Eddy Chu, Director of Utilities and Public Works cc/w/enc: Kathleen L. McCluskey, Administrative Services Dtrector~' T. David Apodaca for All Points Properties Mike Eliason for Shamrock Realty LEGAL DEPARTMENT May 5, 1994 Stewart Title Company of Kitsap County, Inc. 9951 Mickelberry Road NW. Silverdale, Washington 98383 Re: 4306 "D" Street, Bremerton, Washington Harmon/City of Bremerton Transaction Dear Sir or Madam: Please find enclosed with this letter a Request for Reconveyance, prepared by Western United Life Assurance Company, for reconveyance of that Deed of Trust between Sherlina D. Harmon, as Grantor, Michael A. Shaffer and Roxanne L. Shaffer, as Beneficiaries, and Stewart Title Company, as Trustee, which Deed of Trust was assigned to Western United Life Assurance Company pursuant to that Assignment of Deed of Trust, dated September 1, 1993. I have enclosed copies of the Deed of Trust and Assignment of Deed of Trust herein for your reference. Please prepare a Full Reconveyance and file the same with the Kitsap County Auditor for our office. I have enclosed a check in the amount of $42.00, issued to Stewart Title Company from Western United Life Assurance Company, for your reconveyance fee. Please feel free to call our office if you have any questions an this regard. Thank you for your assistance in thi· matter. L~egal Assistant to 1AN R. SIEVERS Enclosure·: as cited cc/w/enc: Kathleen L. McCluskey, Admini·trative Service· Director/ Sherlina D. Harmon ~94THSTREET · BREM~TON, WAg~]0 · ~)47~-5345 · FAX~06)478-S161 REQUEST FOR FULL RECONVEYANCE The undersigned beneficiary is the legal owner and holder of the promissory note in the original sum of $21,500.00, secured by that certain Deed of Trust dated January 18, 1991, in which Sherlina D. Harmon* grantor and Stewart Title Company is trustee, filed for record on February 1, 1991, as Auditor's File No. 9102010050, and recorded in Reel 576, at page 648, records of Kitsap County, State of Washington. Assigned to the undersigned by instrument recorded September 2, 1993, as Auditor's File No. 9309020283. The note and all other indebtedness secured by said Deed of Trust having been fully satisfied, the note and Deed of Trust are herewith surrendered to you for cancellation and reconveyance, You are therefore requested, upon payment of all sums owing to you, to reconvey without warranty, to the person(s) entitled thereto, the right, title and interest now held by you thereunder, Dated September 7, 1993 WESTERN UNITED LIFE ASS~C]~ COMPANY ~ // } /~. BY::' , -,, CORPORATE S..EA.L " A > Reuel Swanson, Secretary * A SINGLE PERSON 76266 May.5, ~94~-;,~'/v ~ City of Bremerton ~., Nu~nber: " D SHERLINA D. HARMON E DEPARTMENT OF PUBLIC WORKS & UTILITIES 929 N. Olive A ' T Turlock, Calif6rnia 95380 M N T DEscRIPTION - - ¥O'iAL Sellers proceeds in that transaction between City of Bremerton and Sherlina D,.Harmon for that property located at 4306 "D" Street, Bremerton, Washington · (See copy of Purchaser's and Seller's Closing Statements attached). $2~,986.55 FUND I DEN I BMS I EL I O~ I PR~E~ I INVOICE NUMBER INVOICE D~E AMOUNT PAYMENT N~ Aor~ 6. 3994 ~22.986.55 CERTIFICATION I, THE UNDERSIGNED, DO HERESY CERTIFY UNDER PENALTY OF PERJURY, THAT THE MATERIAL~ HAVE BEEN FURNISHED, TF SEI~flCES RENDERED OR THE LADOR PERFORMED AS DESCRIBED HEREIN, AND THAT THE CI.~IM IS JU~r, DUE AND AN UNPA~ OBLIGATION AGAIN~3' THE CITY OF BREMER'ION, AND THAT I AM AUTHORIZED 30 AUTHENTICATE AND CERTIFY 30 ~AID OLAII X ORDER RECEIVED BY ~ APP~OMM. (A~DITIN{30FFI~I~I~' HEAD) Date: ~.~ ~'J~ City of Bremerton Wa,ra.t Number:. /ENDOR NUMBER GENERAL CLAIM q \ p \' 1 E N T DESCRI~ION ~AL FUND I DEPT J BNS I EL I OBJ I PIIOJEC'I' INVOICE NUMBER , INVOICE DATE , AMOUNT , PAYMENT NO. CERTIFICATION I. THE UNDERSIGNED, DO HEREBY CERTIFY UNDER PENALTY OF PERJURY, THAT THE MATERIALS HAVE BEEN FURNISHED, THE SERVICES RENDERED OR THE LABOR PERFORMED AS DESCRIBED HEREIN. AND THAT THE CLAIM IS JUST. DUE AND AN UNPAID OBLIGATION AGAINST THE CITY OF BREMERTON, AND THAT I AM AUTHORIZED TO AUTHENTICATE AND CERTIFY TO SAID CLAIM. ORDER RECEIVED BY CLAIM APPROVAL (AUDtTING OFFICER/DEPT HEAD) Date: ~--~_~,, / cl~ City of Bremerton Warrant Number: VENDOR NUMBER GENERAL CLAIM _ T E T FUND I DEPTJ DA~ J EL I OBJ I PROJECT INVOICE HUMBER , INVOICE DATE , AMOUNT i PAYMENT NO. CERTIFICATION I, THE UNDERSIGNED, DO HEREBY CERTIFY UNDER PENALTY OF PERJURY, THAT THE MATERIALS HAVE BEEN FURNISHED, THE SERVICES RENDERED OR THE LABOR PERFORMED AS DESCRIBED HEREIN, AND THAT THE CLAIM IS JUST, DUE AND AN UNPAID OBLIGATION AGAINST THE CITY OF BREMERTON, AND THAT I AM AUTHORIZED TO AUTHENTICATE AND CERTIFY TO SAID CLAIM. ORDER RECEIVED BY CLAIM APPROVAL (AUDITING OFFICER/DEPT HEAD) Date: ~ \ (¢= ~.~ City of Bremerton Warrant Number: GENERAL CLAIM VENDOR NUMBER N - ~ F) x3 D A O R R T M E N T DESCRIPTION TOTAL FUND I DEPI' L 8N8 I EL I OBJ I PROJECT INVOICE NUMBER INVOICE DATE AMOUNT PAYMENT NO. CERTIFICATION I, THE UNDERSIGNED, DO HEREBY CERTIFY UNDER PENALTY OF PERJURY, THAT THE MATERIALS HAVE BEEN FURNISHED, THE SERVICES RENDERED OR THE LABOR PERFORMED AS DESCRIBED HEREIN, AND THAT THE CLAIM IS JUST, DUE AND AN UNPAID OBLIGATION AGAINST THE CITY OF BREMERTON, AND THAT I AM AUTHORIZED TO AUTHENTICATE AND CERTIFY TO SAID CLAIM. X. ORDER RECEIVED BY CLAIM APPROVAL (AUDITING OFFiCER/DEFT HEAD) 3:00 a.m. 'Office File NO.: E-96587-3 Your Reference: Amount: $43,000.00 Policy 4-6-90 $228. O0 (X) Standard ( ) Extended Rate: RES/RESALE Premium: Tax: $18.47 ....... - Amount: ALTA ~oan Policy 4-6-90 Premix: ( ) Standard ( ) Extend~ Tax: Pro~s~ Insured: . 0:her Coverage: Premix: $0.00 ( ) S~an~ar~ ( ) Exten~ Tax: Pro~sed Insure: MINIMUM CANCELLATION FEE'INCLUDING TAXES: $54;05 NOTE: In the event there is no activity on this file within six (6) months from the effective date, the cancellation fee may be billed. 3. The estate or interest in the land which is covered by this Commitment is: A FEE 4. Title to the estate or interest in the land is vested in: SHERLINA D. HARMON, as her separate property 5. The land referred to in this Commitment is described as follows: THE LEGAL DESCRIPTION IS ATTACHED ON EXHIBIT 'A' AND BEGONES A PART HEREOF. LEGAL DEPARTMENT lan R. SJever~ - City Attorney C/vii Attorneys James J. McNamara Prosecuting Attorney Gateway to the OlymFirs and Home of the Puget Sound Naval Shipyard T. David A~oda~a TO: Kathleen L. McCluskey, Administrative Services Director RE: 4306 D" Street, Bremerton, Washing-g-g-~ Harmon/City of Bremerton Transaction Kathy, attached is the check that we recently sent out to All Points Properties, as and for their commission, in regard to the above-referenced transaction. Apparently, All Points had $1,000.00earnest money in their trust account from the City which I had been aware of (see copy of ledger entry attached), but it was my understanding that All Points had long ago disbursed this money to Ms. Harmon. Maybe I don't understand how realty companies work, but even when I worked for private law firms, the earnest money was taken for the seller's benefit and disbursed to the seller along with the closing proceeds... It is the practice at All Points to use the earnest money towards their commission. I didn't mention this to Ian. I just didn't want to bother him about it - give him more to worry about. Let me know if you think I should. Between you and I, I hope that this will be the only transaction with realtors involved. It just makes things that much more complicated. Anyway, David verbally informed me of this yesterday and told me that the company wanted to return the check they received. They will keep the $1,000.00 that they already have (which they probably took out of trust long ago anyway) and we should reissue a new check to them for the remaining balance owing of $505.00 owing on their commission. The $1,000.00should go to Ms. Harmon, as I deduc~:l $1,000.00from the purchase price to be paid by the City on the closing statements (see copies attached). I should probably send a letter to Ms. Harmon explaining the check being sent to her and you can decide if you want me to send the new check out to All Points or not. Kathy, I'm sorry for this mixup. I suppose I should not have assumed that All Points disbursed the money to Ms. Harmon. I should have called them on it to find out if they had actually done so. Give me a call if you have any questions. 239 4TH STREET · BREMERTON, WA 98310 · (206) 478-5345 · FAX (206) 478-5161 LEGAL DEPARTMENT Hs. Sherlina D. Harmon 9~9 ~. Olive Turlock, California 95380 Re: 4306 "D" Street, Bremerton, Washington Harmon/City of Bremerton Transaction Dear Sherlina: Please find enclosed with this letter a check in the amount of $1,000.00, as and for the earnest money that was paid by the city of Bremerton towards the purchase of the above-referenced property. Pursuant to the closing statements prepared for this transaction (copies of which I have enclosed for your reference), we deducted the $1,000.00 earnest money from the closing proceeds because this amount was previously paid by the City to All Points Properties Real Estate Company back in January of this year. It was my understanding that All Points had disbursed this money to you long ago, however I was informed by Ail Points that this money was used towards their half of the commission amount of $1,505.00 for this transaction. Therefore, upon receiving our check for commission of $1,505.00, All Points returned the check to us so that we could reissue a check of only $505.00 to them and credit you with $1,000.00 for earnest money that was deducted from proceeds on the closing statement. I am sorry for this confusion and I hope you will accept my apology for not discovering this before closing the transaction so that the $1,000.00 could have been included in the $22,986.55 previously sent to you. Please do not hesitate to call our office should you have any questions in this regard whatsoever. I hope you are doing well in California. E R.. CRONK Assistant to IAN R. SIEVERS Enclosure: as cited cc: Kathleen L. McCluskey, Administrative Services Director/ Eddy Chu, Director of Public Works and Utilities Z~94THgrREET · BREMERTON, WA98310 · (206)478-~45 · FAXC2OQ47~516] LEGAL DEPARTMENT Civil Attorr~ya James J. ~cxNamara May 24, 1994 Ail Points Properties 1550 NE. Riddell Road Bremerton, Washington 98310 ATTENTION: Ms. Mary Ellen Hooks Re: 4306 "D" Street, Bremerton, Washington Harmon/City of Bremerton Transaction Dear Ms. Hooks: We have received back from you the check of $1,505.00 that was sent to you by the City as and for All Points' one-half of the real estate commission in the above-referenced matter. It is my understanding that the $1,000.00 earnest money previously paid by the City towards the purchase of Ms. Harmon's property in January was put towards the $1,505.00 commission amount. Therefore, We are enclosing a new check to All Points in the amount of $505.00 for the balance owing on the commission and have sent the $1,000.00 to Ms. Sherlina D. Harmon as a credit for the $1,000.00 that was deducted from the closing proceeds as "earnest money paid". Please do not hesitate to call our office should you have any questions in this regard whatsoever. ~-~ncerely, J~CKIE R. CRONK Legal Assistant to IAN R. SIEVERS Enclosure: as cited cc: Kathleen L. McCluskey, Administrative Services Director Eddy Chu, Director of Public Works and Utilities T. David Apodaca 2394THSTREEr · BREMERTON, WA~8310 · (206)478-S345 S FAX (206) 478-$16! ~ COMPANY THiS SPACE PROVIDED FOR RECORDER'S USE of Exceltenc~.~ ~_~/ U ' U FILED FOR RECORD AT REQUEST OF FILED FOR RE ORD RE~. OF,. $TEWA~ TITLE FEB WHEN RECORDED RETURN m ~REN FLYNN ROXANNE L. SHAFFER ~ _~ _ ~d~ 2966 MAPLE ST. S.E, C%~S~,Z~ PORT ORCHARD, WA. 98366 Deed of Trust (For U~'e in lhe Elale of Washin~lon Ortly) THIS DEED OFTEUST, made this [8Ih d~y of January . S~RSINA D. H~RHON, ~ SINGLE PERSON ,GKANTOK. whose address is POST OFFICE BOX 2ii5, PO~SSBO, ~. 98370 STEWART TITLE COMPANY of Kitsap Count~, Inc., a corporation. TRUSTEE, who~ a~r~ Road N.W. Suite 1~1, Silterdale, WA HIC~AEL ~. S~FFER AND ROXANNE L. SH~FFER, HUSBAND ~ND ~IFE .BENEFICIARY, whose addr~ss is 2966 ~PSE ST. S.E., PORT ORCH~RD~ ~. 98366 WITN ESS ETH: Grantor hereby bargains, sells and conveys to Trustee in Trust, with power of sale, the following property in KITS~P COUNTY County, ~hin~on: LOT 26, BLOCK 25, BREMERTON HEIGHTS, ACCORDING TO PLAT RECORDED IN VOLUME 3 OF PLATS, PAGE 41, IN KITSAP COUNTY, WASHINGTON; EXCEPT THE~'SOUTH~ 10 FEET THEREO'F. EXHIBIT "A" ATI'ACHED AND BY THIS REFERENCE M~E A PART HEREOF SPECIAL PROVISION: ' THE NOTE USED TO SECURE THIS DEED OF TRUST IS TO BE PAID IN FULL ON OR BEFORE SEWEN (7) YF,/LRS PROM FEBRUARY 1, 1991. and the rents, issues and profits thereof. - each agrccmcnt of grantor herein containc~, and paymcnt of' * 21,500.00 ,theao THOUSAND FIVE~HUNDRED h 00/100 %, .. - with interest, in accordance with the terries of a promtssor~ note of even date herewith, payable to Beneficiary or'order, and and all renewals, modifications and extensions thereof, and also such further sums as mu) be advanced or loaned by Beneficia~ any of their successors or assigns, together with interest thereon at such rate as shall be agreed upon, Grantor covenants and agrees . . ~ ~ =, , · 1. To keep the property in good ~ondition and repair; to permit no waste thereof: to complete any braiding, structure or ~m built or about to be built thereon to restore promptly an) budding, structure or impmvemem thereon which may be damaged or destroy~ and to compl~ with all laws. ordinances, regulations, covenants, condilions and restrictions affecting the property. 2. qb pay bclbrc delinquent all lawful I assessments upon thc property; to kccp thc frcc and clear of all other charge~ lie.~s ~ encnn0~runcc~ impairing ~hc ~ccurity or Trusl, ., ' 3, ,qi~ keep all huiklings now or hcrcuhcr erected on thc pro.ny described herein confinuuufly insured uguJn~l Ios~ ~ fire or other hazurd~ in ~ umou~ nol I~h~ ~han thc Ioml debt ~ccurcd by dfi~ Dccd of Tru~. AU policic~ shall hc held ~ thc Beneficiary, and ~ in ~uch compunic~ u~ ~hc Beneficiary may upprovc m~d have h)~ payable tim to the Beneficiary, as it5 intcr~st m~y appear, and Ihcn Io Ibc Granlnr. Thc ~mount cb]lcctcd under any insura~c ~]icy may be applied upon uny indch~cdncss hereby secured in such order as Ibc Beneficiary shall determine. Such application ~ thc Bcnc~cia~ ~hall not cause discontinuance of any proceedings r() ]brcclosc this Dccd of Trust. In thc cvcm or tbrcclosurc, ali rights o¢ ~hc Grumor in insurance policies ~hcn in lbrcc shall puss lo thc purcbascr at thc lbrcclosurc sale. 4. To dcl~nd auy acliou <)r Woc~c~ng'p~ortisg to ait~c~ thc security hcreol' or the rights or powers of Beneficia~ or Truslee, and to pay all cos~ and expenses, includin~ ~ost nf litlc search and atlorncy's l~cs in a reasmmblc amount, in any such action or proceeding, and in any soil brought ~ Bcncficlary lo lbrccl'ose this Deed of Trusl. ':, 5. To pay all costs, 1~¢5 and ,expenses in conneclion wi~h ~his Deed nf Trust, including thc expenses of the Trustee incurred in enforcing the obligation secured h~rchy and q rus~cu ~,and mtornuy.s Ices actually incurred, as provided by smlutc. Should Grantor I~il t9 pay when duc any taxes, us~cs~mcnt~, insurance premiums, licn~, encumbrances or olher charges against the pro~Ry ~rcinabovc described. I{cncfi~iiU~ n~ay pay/thc ~a~c, and Iht amoant ~o pakl, witb imm'cst al Ibc ralu sc~ ib~h in thc note secured hcr¢~, ~hall ~ ~ded to und hccomc u pan hf fi~c 'debt seedbed in this D~cd ol Trust, IT IS MUTUALLY AGREED THAT: l. In thc cvcnl any purtinn of Iht properly is laken or damaged in an eminent domain prncccding, the ¢nlir¢ amount of the award or ~uch potion as m~ bc necessary m thlly satisl~ thc obligation secured bcrcby, shall bc paid to Beneficiary lo bc applied to said obligation. 2. By accepting payment of any sum secured hereby at'mr its due date, Beneficiary docs not waive its right to require prompt payment when due of all 3, Thc Trustee sbull reconvey all or any pan of thc property covered by Ihis Deed of Trust to thc ~rson cmillcd Iherclo on written request of the Grantor and thc Beucficiary. nr upon satisl~ction of thc obligalinu secured and wriltcn rcqacst lbr rcconvcyanc¢ made by the BeneficJa~ or the ~rson ¢ntitl~d 4. Upon dclhuh by Gramor in thc paymcm nfany indcbledncss secured bcrcby or in the performance of any agreement contained herein, all ~ams ~ur~ hereby shall immediately become duc and payahlc al thc option of thc Bcnc ficiary, In such event and upon written request of ~n¢ficia~, Tm~ ~hall ~ll thc t]';~st property, in accm'daucc wilh thc l}ccd ol"rrust Act of Ibc Stmc o~' Wanhinglon, al public aucli(m to tho high¢~l bidder. Any ~t~n e~ept Tm~e may bid at Trustcc'n sale, Trustee shall apply thc proceeds of th~ sale as lblk)ws: (I) to the expense of the sale, including a reasonable Tmst~% fee and anorncy's I~c; (2) to thc obligation secured by this Dccd of Trust; (3) Ibc surplus, il'any, shall bc distributed to the persons entitled thereto. 5. Trustee shall deliver to the pnrchascr at thc sale its deed, wilhoul warramy, which shall convey to the purchaser the interest in the pro.ny which recite thc lhc~s showing Ihat l])c sale was condactcd in compliuncc wid~ all thc requirements of law and of Ibis Deed of Trust, which recital shall ~ prima- I~cic cvkkmcc of such compliance and cnnclanivc evidence thereof in Ihvor of bona fide purchaser and cncumbranccrs for value· 6. Thc power ot' sale confbrrcd by Ihi~ Deed nf Trust and by thc Deed of Trus~ Acl of Iht Stale of Washington is nol an exclusive remedy; ~neficia~ ~ ?. In the cvcm of tbs dcalh, incupacity, disabilily, or resin)union of 'l'rnslc¢, Beneficiary may appoint in wriling a successor tru~e, ned u~n tho recordin~ of ~ucb appoimmcm in the mortgu~c records of ~bc coumy in which this Deed nf Trust is rcc()rdcd, the successor tm~lee ~hall ~ ve~ with all powers of thc origiual trustcc.,Thc Irustcc is not obligmcd m noilly any parly hereto of pcndin~ sale under any other Deed of Trust or of acy ~tion or proeccdin~ iu which Grantor, Truslee or Bcncl'iciary sball bca party unless sucb aclion or proceeding is brou~hl by the Trustee. 8. This Deed or Trust applies to inures tn Iht bcncfi~ of. and is binding m)t only on thc panics hcwto, bul on ~heir heirs, d~i~es, lega~es, Benctic~ar~ h&~ifi. - .... D. ~ STATE OF WASHINGTON, ') STATE OF WAS HINGTON. ') County of Kitsap County of [ hereby certify that .I know or have satisfactory I certif~ that I know or have satisfactory e~,idence thai Sherl3.na D. Hamon is the person who appeared before me, and said per~on acknowledged that is the person who appeared before me. and said person t he ) s~gned this instrument, on oath stated that acknowledged that ( S he ) signed this nstru- authorized to execute the instrument and acknowledged merit and acknowledged a to be ner free . of and voluntary act for the uses and purposes mentioned n th~s~fistrument?.~,, · - ,~ .<~ :; ' --~ '-: to' be the frec-and~olu -such par~y for-the~uses-and january~ 21,;~:1991 .] ~,: mentioned in this Dated: - Notary Public it Washington. Notary Pub/ie residing at residing at -~- 9/20/93 . My apP~ointmertt~r~ir~s . My appointment expt t/; ' ' *, ~ ; ' REQUEST FOR FULL RECONVEYANCE .- ' ~ 1 (} 2 0 ~ 0 0.0 .Do not record. ~) be used only whet, nVte has been pai~. .. ~, TRU~, , ~ .. . . ' - . *- ~ ' ~' .... -~ own~-andhoderof henocandalother ndcbtcdnesssecuredby hew hnDccdofTrust, Sadn)¢ oget~rw halol~r ~Trus has~en 'u adandsa s3ed'andy u are hereby reques ed and d rec ed onpaymen oyouofanysuma~ng oy~under ~cued~sadDeed yP , . , , ....... said Deed or Trust to cancel smd note above mennoned, and all other ev dences r ndeb edness secured by smd ~ed of Trust dehvered to you herewah, toge~r with said Deed f Trus and to reconvey ~' hou warran y, o he parties designated b) the terms of smd Deed of Trust, all the estale n(~ held ~ you thereunder. EXHIBIT "A" THIS IS AN ALL-INCLUSIVE DEED OF TRUST, SECOND AND SUBORDINATE TO AN EXISTING FIRST DEED OF TRUST, WHICH ALL-INCLUSIVE DEED OF TRUST SECURES GRANTOR'S NOTE FOR $21500. AS HEREIN MENTIONED. THE HEREIN DESCRIBED REAL PROPERTY IS PRESENTLY ENCUMBERED BY A PRIOR DEED OF TRUST SECURING BENEFICIARY'S NOTE IN THE AMOUNT OF $25,500 , IN FAVOR OF JOHN M. ANDERSON, PERSONAL REPRESENTATIVE FOR THE ESTATE OF HAROLD HANSEN, DECEASED, BEING RECORDED ON JUNE 29, 1984, UNDER RECORDING NO. 8406290029 TO WHICH REFERENCE IS MADE, COVERING THE PROPERTY DESCRIBED HEREIN. BENEFICIARY HEREBY AGREES WITH GRANTOR TO DIscHARGE SA~D OBLIGATION TO THE HOLDER THEREOF IN ACCORDANCE WITH THE AND CONDITIONS THEREIN, AND TO HOLD GRANTOR HARMLESS EROS' ANY MANNER TO SO DISCHARGE THE SAID OBLIGATION, T~-~%~ HEREIN, MAY AT HIS OPTION, MAKE PAYMENTS THEREON AND CREDIT ANY AND ALL SUCH PAYMENTS MADE AGAINST THE UNPAID BALANCE OF THE NOTE SECURED BY THIS DEED OF TRUST. THE BENEFICIARY AGREES, UPON RECEIVING FULL PAYMENT OF THE NOTE AND DEED OF TRUST AND INTEREST IN THE MANNER SPECIFIED, TO EXECUTE AND DELIVER TO GRANTOR A FULL RECONVEYANCE TO SAID REAL ESTATE, EXCEPTING ANY PART THEREOF HEREAFTER TAKEN FOR PUBLIC USE, FREE OF ENCUMBRANCES EXCEPT ANY THAT MAY BE ATTACHED AFTER DATE OF CLOSING THROUGH ANY PERSON OTHER THAN THE BENEFICIARY, AND SUBJECT TO THE FOLLOWING PARAGRAPHS 1, OF PRELIMINARY TITLE REPORT NO. 30001551. DATED THIS 21ST DAY OF FEBRUARY, 1991 APPROVED AND ACCEPTED BY: ~~ ~~~ MICHAEL A. SHAFFER (~% ~ ~HERLINA D. ~IARMON ROk~ANNE L~ SHAFFER c' \ \ E[t576 650 9102010050 When Recorded Return To: Western United Life Assurance Company KIISAP COUNTY Attn.: Susan Lund $7.00- STC ..... W. 929 Sprague Ave. F'~LED-BY: SIE~ART IlTLE CO Spokane, WA 99204 ,?y~P 2, i~93~ 2:02 ~ KA~EN FLY~h A~iTOR CLERK: CHIBF~ Account Reference: ~75600 ~. F. ~: 9MOgO2028M REEL 07&4 FR For Value Recelved, the undersigned as ~en~ficla~, hereby grants, conveys, assigns and tCansfers to Western Unlted Life Assurance Company. a corporation whose address is ~. 929 Sprague, ~pokane, Washington, 99204, all beneficial interest under that ce~a[n Deed .o~ Trust, dated JANUARY 18, 1991, executed by SHERLINA D. HARMON, A SINGLE '~ERSON, Grantor, to STUART TITLE COMPANY OF KITSAP COUP, INC., a IT~ustee, and recorded on FEBRUARY 1, 1991, i~ REEL 576, at page 648, under Auditor'~ 5Ia No. 9102010050, ~ecords of KITSAP Count. WASHINGTON, describing land there~n as: LOT 26, BLOCK 25, BREMERTON HEIGHTS, ACCORDING ~O PLAT RECORDED VOLUME 3 OF PLATS, PAGE 41, IN KITSAP COUNt. WASHING%ON; EXCEPT SOUTH 10 FE~ Togethe[ wkh note o~ notes the~eln described or [e~er[ed to, the money due and to become due thereon, w~th interest, and aU rights accrued o~ to accrue under said Deed T[ust. DATED: thls ~ TZ d~y 0f ~ ' s~ ~ 1993 ~CHAEL A. S~AFFE~, HUS ~0XANNE I. SHAFF~, WIFE t ~ STATE OF ) ss. County of On this day personally appeared before me, MICHAEL A. SHAFFER and ROXANNE L. SHAFFER. HUSBAND AND WIFE to me known to be the ind viduel s) described in and who executed the within and foregoing instrument, and acknowledged that THEY signed the same as THEIR free and volunta~/ act and deed, for the uses and purposes therein mentioned, Given under my handand~ficlal~lthls 1st _da~of ~ S [~ 1993. -~-~ ~. ~ :: ~' - '~TEWART TITLE CO ~?~,,: Page 1 OF 1 ~eck No. 00027312 Date 04/28/94< DOCUMENT NO. DATE COMMENT AMOUNT 118272 04/27/94 762666/HARMON 42. O0 ~'~ 2079985110785 CHECK TOTAL: 42. O0 ~V~,I:J-I'ERN UNIfED LIFE ASSURANCE CO INC - 00027312 916 WEST FIRST .4 VENUE ~-]s~sn No. : ,'.;;~ ST~T TITLE CO . . " SUITE 201 .:~ ~,~ ' "~ SILVE~E ~-L WA 98383 ~000 27~ ~ 2~ m:O 5~ AO A56 A~: 20?qq~ 5 ~ ~0~5~ PROMISSORY NOTE (SHORT F~ WITH INSTALLMENT) $21,500.00 ~ ~' · January 18, 1991 For value received SHER ses to pay to MICHAEL A. SHAFFER AND ROXANNE L !r, at 2966 MAPLE ST. SE, PORT ORCHARD, WA 98366 the sum of TWENTY-ONE THOUSAND FIVE HUNDRED & 00/100 Dollars, with interest thereon at the rate of TEN AND ONE HALF (10.5) percent per annum; payable as follows: ($354.07) THREE HUNDRED FIFTY FOUR AND 07/100 Dollars, or more at Maker's option, on or before MARCH 15, 1991 and ($354.07) THREE HUNDRED FIFTY FOUR AND 07/100 Dollars, or more at Maker's option, on or before the same day of each then succeeding calendar month until said note is paid in full. Maker further agrees to pay interest on the balance, and the diminishing amounts thereof, at the rate of 10.50 percent per annum from February 1, 1991 which interest shall be deducted from each monthly installment and the balance applied in reduction of principal. MAKER AGREES TO PAY BOLDER A LATE CHARGE OF FIVE (5%) PERCENT OF ANY PAYMENT NOT RECEIVED BY HOLDER WITH SEVEN (7) DAYS OF ITS DUE DATE. NOTHWITHSTANDING PAYMENTS SET FORTH ABOVE, THIS NOTE IS TO BE PAID IN FULL ON OR BEFORE SEVEN (7) YEARS FROM FEBURARY 1, 1991. This note is secured by a deed of trust of even date on the property commonly known as 4306 D STREET, BREMERTON, WA 98312. If any of said installments are not so paid, the whole sum of principal and interest shall become due and payable at once, at the option of the holder hereof. The note shall bear interest at the rate of * percent per annum, but not to exceed the statutory limits, after maturity or after failure to pay any installment as above specified, and if this note shall be placed in the hands of an.attorney for collection, or if suit shall be brought to collect any of the principal or interest of this note I promise to pay a reasonable attorney's fee. Each maker of this note executed the same as a principal and not as a surety. SHERLiNA D.'RARMO~ ...... ~ ~'"~'~ SELLERS APPROVED AS TO FORM AND CONTENT Pay to the order of West~'-n United Life Assurance Oampany ~ corporation, without recourse. ~.~ ~j "A Tradition of Excellence ' STEWART TITLE COMPANY 9954 MiokolberryRoad N.W., Suite 201 OF KITSAP COUNTY, INC. P.O. Box 3607 Si[verdale, Washington 98383 206) 692-4141 ~ax, (206) 692-5569 1-800-464-2823 RC2786FR WHEN RECORDED RETURN TO: CITY OF BREMERTON All'N: JACKIE CRONE 239 4TH STREET BREMERTON. WA 98310 Reference/Loan Number: HARMON, SHERLINA FULL RECONVEYANCE The undersigned as Trustee under that certain Deed of Trust, dated JANUARY 18, 1991, in which SHERLINA D. HARMON, A SINGLE PERSON, is grantor and MICHAEL A. SHAFFER AND ROY, ANNE L. SHAFFER, HUSBAND AND WIFE is beneficiary, recorded on FEBRUARY 1, 1991, under Recording Number 9102010050, records of Kitsap County, Washington, having received from the beneficiary under said Deed of Trust a written request to reconvey, without warranty, to the person(s) entitled thereto all of the right, title and interest now held by said trustee in and to the property described in said Deed of Trust, situated in Kitsap County, Washington, as follows: AS IN DEED OF TRUST REFERRED TO ABOVE $7.00KITSAP COUNTY STC FILED-BY: STEWART TITLE CO mY 12~ t~4~ 8:27 ~ REEL OB03 FR 12~0 Dated: MAY 10, 1994 STEWA~E ~NY OF KITS~UN~, mNC. 'Chris Rice--DENT ~--' STATE OF WASHINGTON County of Kitsap I certify that I know or have satisfactory evidence that Chris Rieland is the person who appeared before me, and said person acknowledged that she signed this instrument, on oath stated that she is authorized to execute the instrument and acknowledged it as the PRESIDENT of STEWART TITLE COMPANY OF KITSAP COUNTY, INC., to be the free and voluntary act of such party for the uses and purposes mentioned in this instrument. Dated: MAY 10, 1994 Notary Public in and tor the State ot Washington, ~,~ \ o..,LO~-~- residing at BREMERTON ~.~/;;~&s,O,, ~F;~"~)L My appointment expires: 4-11-95