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Home My WebLink About3084760 JIIIII II LIND TITLE CO DT '$18, lB 3084760 Page' 1 of 3 84/38/98 12'4BP Ki \sao Co. WA AFTER RECORDING MAIL TO: Nwm~ City of Bremerton!Jackie Cronk Address 239 Fourth Street City, State, Zip Bremerton, WA 98337 Deed of Trust (For use in the State of WOiihington On/:j) LAND TITLE COMPANY OF KITSAP COUNTY S-9773-CA ! E-121109 - 24 between ALLAN R, HtlMM, a single person day of Mar,ch , 19 98, , GRANTOR, whose address is 7395 S.E. TRUMAN AVENUE PORT ORCHARD, WA 98366 Land Title Company of Kitsap County , TRUSTEE, whose address is 9657 Levin Road NW Silverdale, WA 98383 CITY 0' BRBMBRTON, a Municipal Corporation and, , BENEFICIARY, whose address is 239 Fourth Street Bremerton, WA 98337 . WITNESSETH: Grantor hereby bargains, sells and conveys to Trustee in Trust, with power of sale, the following described real properly in Kitsap County, Washington: LOT(S) 1, 2 AND 3, BLOCK 10, OLE HANSON'S ADDITION TO NAVY YARD CITY, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) 56, RECORDS OF KITSAP COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40 OF COMMISSIONER'S JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW, Parcel No. 4546-010-001-0001 This Property may not be sold, transferred or further encumbered. Breach of this provision will result in all sums secured by this Deed of Trust becoming immediately due and payable. which real property is not used principally for agricultural or fanning purposes, together with all the tenements, hereditaments, and appurtenances now or hereafter thereunto belonging or in any wise appertaining, and the rents, issues and profits thereof. This deed is for the purpose of securing performance of each agreement of Grantor herein contained, and payment of the sum of Twenty two thousand five hundred dollars and no cents Dollars ($ 22,500.00 ) with interest, in accordance with the terms of a promissory note of even date herewith, payable to Beneficiary or order, and made by Grantor, and all renewals, modifications and extensions thereof, and also such further sums as may be advanced or loaned by Beneficiary to Grantor, or any of their successors or assigns, together with interest thereon at such rate as shall be agreed upon. LPB22 To protect the security of this Deed of Trust, Grantor covenants and agrees: ." 1, To keep the property in good condition and repair; to permit no waste thereof; to complete any building, structure or improvement being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property. 2, To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges, liens or encumbrances impairing the security of the Deed of Trust. 3, To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held by the beneficiaIy, and be in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary, as its interest may appear, and then to the Grantor. The amount coIlected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Beneficiary shall deteIUline. Such application by the BeneficiaIy shall not cause discontinuance of any proceedings to foreclose this Deed of Trust, In the event of foreclosure, all rights of the Grantor in insurance policies then in force shall pass to the purchaser at the foreclosure sale. 4, To defend any action or proceeding purporting to affect the security hereof or the rights or powers of BeneficiaIy or Trustee, and to pay all costs and expenses, inclnding cost of title search and attorney's fees in a reasonable amount, in any such action or proceeding, and in any suit brought by Beneficiary to foreclose this Deed of Trust. 5, To pay all costs, fees and expenses in connection with this Deed of Trust, including the expenses of the Trustee incurred in enforcing the Obligation secured hereby and Trustee's and attorney's fees actually incurred, as provided by statute. 6. Should Grantor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the property hereinabove described, BeneficiaIy may pay the srone, and the ronount sO paid, with interest at the rate set forth in the note secured hereby, shaIl be added to and become a part of the debt secured in this Deed of Trust. IT IS MUTUALLY AGREED THAT: 1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award or such portion as may be necessary to fully satisfy the obligation secured hereby. shall be paid to Beneficiary to be applied to said obligation. 2. By accepting payment of any sum secured hereby after its due date, BeneficiaIy does not waive its right to require prompt payment when due of all other sums so secured or to declare default for failure to so pay. 3, The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the perSon entitled thereto, on written request of the Grantor and the BeneficiaIy, or upon satisfaction of the obligation secured and written request for reconveyance made by the Beneficiary or the person entitled thereto. 4, Upon default by Grantor in the payment of any indebtedness secured bereby or in the performance of any agreement conlained herein, all sums secured hereby shall immMiately beconte due and payable at the option of the Beneficiary. In such event and upon written request of BeneficiaIy, Trustee shall sell the trust property, in accordance with the Deed of Trust Act of the State of Washington, at public auction to the highest bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (I) to the expense of the sale, including a reasonable Trustee's fee and attorney's fee; (2) to the obligation secured by this Deed of Trust; and (3) the surplus, if any, shall be distributed to the persons entitled thereto, 5, Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in the property which Grantor bad or bad the power to convey at the lime of his execution of this Deed of Trust, and such as he may have acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor of bona fide purchaser and encumbrances for value. 6. The power of sale conferred by this Deed of Trust and by the Deed of Trust Act of the State of Washington is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreclosed as a mortgage, 7, In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor trustee, and npon the recording of such appointment in the mortgage records of the county in which this Deed of Trust is recorded, the successor trustee shall be vested with all powers of the original trustee. The trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Grantor, Trustee or Beneficiary shall be a party unless such action or proceeding is brought by the Trustee. 8. This Deed of Trust applies to, inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees, legatees, administrators, executors and assigns, The term Beneficiary shall mean the holder and owner of the note secured hereby, whether or not named as Beneficiary herein. LPB22 I III, IH I L INO TITL' :0 [ T II U 88 3084760 Page' 2 of 3 S4!3S/SS 12'48P Kit SilP Co' ~A , iikk 19i- / AL R. HUMM STATE OF WASH~ COUNTY OF On this know or have GTON ay of satisfactory evide ce that , the person ___ who appeared before me, and said person___ acknowledged that _____ signed this instrument and acknowledged it to be k~ free and voluntary act for the uses and purposes mentioned in this instrument. , " Q 11111I1/ 0 Q..v", ,;-..Q -, ,~ .6",\\1"14'1! IIII'""...Nota Public in 0 for the State of I.<.n,h,~tm^ , ~t:t -4",~~siding at: h, 'IYr, ("f vYv-- ~ 7E~~commiSSion expires: r-::>-0_CY'l ;:: .0 A., 'l$ - J-- i en \ 12009.- 5 -... ...""\IV.... - - ~ ....- ~ ~ \ (fSLlC 1,0 ~ ~~... ..J'......;:: ~ 0 .........,....~0 ~ ~~ I:-I'iAS~\ ~~ ""'" \\~ """1111\1\\\' REQUEST FOR FULL RECONVEYANCE Do not record. To be used only when note has been paid. TO: TRUSTEE. The undersigned is the legal owner and holder of the note and all other indebtedness secured by the withm Deed of Trust. Said note, together with all other indebtedness secured by said Deea of Trust, has been fully p~d and satisfied; and you are her~by' requested and directed.l on payment to you of any sums oWID2_to you under the terms of sald Deed of Trust, to cance said note above mentioned, and all Other evidences of indebtedness secured by said Deed of Trust delivered to you herewith, toltether with the ~aid Deed of Trust, and to reconvey, without warranty., to the parties designatedl>y the terms of said Deed of Trust, all the estate now held by you thereunder. Dated "--.~..,.:.. '\" 'rlr~ I r II r r '1'1111 LM..L1 TITLl cO D', $lS, Jfl 3084760 Page' 3 of 3 84/38/98 12'48P Ki\Silll Co, \lA - .. REAL ESTATE PURCHASE AND SALE AGREEMENT Improved Property THIS CONTRACT CONTROLS THE TERMS OF THE SALE OF THE PROPERTY. READ CAREFULLY BEFORE SIGNING. THE CITY OF BREMERTON, a Washington municipal corporation, (hereinafter called "Purchaser") hereby agrees to purchase and the undersigned Sellers hereby agree to sell the following described real estate located in the City of Bremerton, County of Kitsap, commonly known as Parcels A. B. & C described below , and legally described on attachment "A": Parcel A: Parcel B: Parcel C: 4339 nGn Street, Bremerton, WA Vacant Lot northeast across street from Parcel A 1653 CottJIan Avenue, Breaerton, WA (SEE ATTACHMENT "An FOR LEGAL DESCRIPTIONS OF ABOVE PARCELS) 1, PURCHASE PRICE: The total purchase price is ONE HUNDRED THOUSAND DOLLARS ($100.000.00) 2. CONDITION OF TITLE: The title is to be free of all encumbrances or defects except: Rights reserved in federal patents or state deeds, building or use restrictions general to the area, existing easements not inconsistent with Purchaser's intended use, and building or zoning regulations or provisions shall not be deemed encumbrances or defects. Encumbrances to be discharged by Sellers may be paid out of purchase money at date of closing. 3 TITLE INSURANCE: Sellers shall furnish to Purchaser a Washington Land Title Association standard Form Owner's or Purchaser's Policy of Title Insurance in the amount of the purchase price. Sellers authorize the City Attorney to apply as soon as practical for such title insurance, and as soon as reasonably possible, Purchaser shall be furnished a preliminary commitment therefor issued by Land Title Company, (The Sellers shall assume any cancellation fee of such commitment or policy,) The title policy to be issued shall contain no exceptions other than those provided in said standard form plus encumbrances or defects noted in paragraph 1 above. If title is REAL ESTATE PURCHASE AND SALE AGREEMENT -1- REPSA,AGT - Agreelent FollS - 3/15/95 ~ not so insurable as above provided and cannot be made so insurable by the termination date set forth herein, this agreement shall terminate; provided, however, that Purchaser may waive defects in writing and elect to purchase. 4. DEFAULT: If either party defaults (that is, fails to perform the acts required of that party) in that party's contractual performance herein, the non-defaulting party may seek specific performance pursuant to the terms of this agreement, damages, or rescission. 5, PRO-RATION: Taxes for the current year, rents, insurance, interest, water and other utilities constituting liens shall be prorated as of date of closing. Purchaser shall pay for remaining oil in fuel tank, the amount to be determined by the supplier. 6. POSSESSION: Sellers shall deliver possession to Purchaser on closing, or days after closing. Sellers agree to pay Purchaser the sum of $ for each day of possession beyond date of closing. Possession shall be deemed given when Sellers have vacated the premises and delivered the keys to same to Purchaser or to closing agent. Said payment shall be the sole responsibility of Sellers. 7. CONDITION OF PROPERTY: Purchaser offers to purchase the property in its present conditions on the terms noted. Sellers hereby warrant that to the best of their knowledge the premises described herein and the improvements thereon do not violate the applicable building or zoning regulations and that they are unaware of any material defect in the premises or improvements thereon with the exception of the following, to-wit: None, 8. TIME FOR ACCEPTANCE: Purchaser's offer is made subject to acceptance of Seliers on or before Twelve o'clock midnight on 9. TIME FOR CLOSING - RESPONSIBILITIES OF PARTIES: The sale shall be closed in the office of the Bremerton City Attorney within 45 days after preliminary commitment for title policy is delivered showing title insurable, as above provided, but in any event not later than the day of , 19 , upon which date the agreement shall terminate. Purchaser and Sellers shall deposit with the Bremerton The City REAL ESTATE PURCHASE AND SALE AGREEMENT -2- REPSA.AGT - Agree.ent FollS - 3/15/95 ~ Attorney all instruments, documents and monies necessary to complete the sale in accordance with this agreement. 10. CLOSING COSTS AND PRORATIONS: The Sellers agree to pay for the costs of clearing the Sellers' title to the sale property, including any delinquent property taxes, the owner's standard title insurance policy, and any real estate excise tax related to the sale property. Real estate taxes for the year of closing, and utilities constituting liens against the property, shall be prorated as of closing, Any assessments shall be paid by the respective Sellers. 12, DATE OF CLOSING: For purposes of this agreement, "date of closing" shall be construed as the date upon which all appropriate documents are recorded and proceeds of this sale are available for disbursement to Sellers. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Sellers. 12. RISK OF LOSS: If prior to closing, improvements on said premises shall be destroyed or materially damaged by fire or other casualty, this agreement at option of Purchaser shall become null and void. If Purchaser elects to continue, all insurance proceeds, if any, shall be payable to Purchaser. 13, PERSONAL PROPERTY: All attached floor covering, attached television antenna, window screens,screen doors, storm windows, storm doors, plumbing and lighting fixtures (except floor, standing, and swag lamps), shades and venetian blinds, curtain rods, attached bathroom fixtures, awnings, ventilating, cooling and heating systems including build in and "drop in" ranges (but exceeding all other ranges) and all other fixtures that are now on the premises shall be included in the sale unless otherwise provided herein. 14, ATTORNEY'S FEES: If either party hereto is required to retain an attorney to bring suit or seek arbitration to enforce any provisions of this agreement, said party shall be entitled to reasonable attorney's fees regardless of whether the matter proceeds to judgment or is resolved by defaulting party curing default. 15. ENTIRE AGREEMENT: There are no other verbal or other agreements which modify or affect this agreement. Time is of the REAL ESTATE PURCHASE AND SALE AGREEMENT -3- REPSA.AGT - AgreeRnt FOBS - 3/15/95 - essence of this agreement. All subsequent modifications or waivers of any condition of this agreement shall be in writing and signed by the appropriate parties. CITY OF BREMERTON Date BY: LYNN HORTON, Mayor PURCHASER ctor of Public Works & utilities APPROVED AS TO FORM: IAN R. SIEVERS, city Attorney Purchaser's Address: Bremerton city Hall Attention: Kathleen L. McCluskey, Clerk 239 Fourth Street Bremerton, WA 98337 Purchaser's Phone: (360) 478-5290 ******* On this date and accept the sale set forth in the above carry out all the terms thereof on the r Sellers' Address: A-~'e. 8rem tt6l , we hereby approve agreement and agree to the Sellers. ~tJlJ tfru h1 t{o5',-~UJ ( Sellers' Phone: REAL ESTATE PURCHASE AND SALE AGREEMENT -4- REPSA.AGT - Agreeaent ForlS - 3/15/95 --- - ******* A true copy of the foregoing agreement signed by Sellers is hereby received on , 19 IAN R. SIEVERS Bremerton city AttorneYI Agent for Purchaser RECEIVED FOR FILING: KATHLEEN L. McCLUSKEY, CITY CLERK REAL ESTATE PURCHASE AND SALE AGREEMENT -5- REPSA.AGT - Agreeaent Pons - 3/15/95 ~ A'r'l'ACHMENT "A" TO REAL ESTATE PROPERTY PURCHASE OFFER MADE TO CI~ES AND JOANNE HAZELWOOD. P.O. BOX 870. BREMERTON. WA 98310 LEGAL DESCRIPTIONS OF PARCELS OWNED BY CHARLES AND JOANNE HASELWOOD AT 4339 "G" STREET A VACANT LOT ACROSS THE STREET & NORTHEAST OF PARCEL A. AND 1-653 COTTMAN AVENUE. BREMERTON. WASHINGTON PARCEL A: (TAX 10 NUMBER: 4502-021-003-0008) BREMERTON HEIGHTS, LO'rS 3 AND 4, BLOCK 21, BREMERTON HEIGHTS AS PER PLAT RECORDED IN VOL 3 OF PLATS, PAGE 41. PARCEL B: (TAX 10 NUMBER: 4502-020-028-0001) BLK-020 LOT 028 0-00 LOTS 28 AND 29. PARCEL C: (TAX 10 NUMBER: 4546-010-001-0001) LOTS 1, 2, AND 3, BJ~CK 10, OLE HANSON'S ADDITION TO NAVY YARD CITY AS PER PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE 56, RECORDS OF KITSAP COUNTY, WASHINGTON~ TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40, COMMHISSIONERS JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW. COpy FOR Supplement To YOUR INFOP'~ATION CLOSING AGREEMENT AND ESCROW INSTRUCTIONS . iii For Purchase and Sale Transaction Including Instructions to Record Documents and Disburse Funds ESCROW NO. S-9773-CA PRELIMINARY TITLE COMMITMENT NO. E-121109 DATE: TO: LAND TITLE ESCROW 9657 LEVIN ROAD N.W., SUITE 110 P.O. BOX 2737 SILVERDALE, WA 98383 This is a part of the Closing Agreement and Escrow Instructions signed by the parties under the Settlement Agent's escrow number set forth above. Except as expressly modified, changed or ronended by this supplement, all terms and conditions of the Closing Agreement and Escrow Instructions and any previous supplements, additions or ronendments thereto, shall remain in effect. .THE SELLER HAS APPROVED, SIGNED AND DEPOSITED THE FOLLOWING WITH THE SETTLEMENT AGENT UNDER THESE INSTRUCTIONS: -Real Estate Purchase and Sale Agreement -Statutory Warranty Deed -Real Estate Excise Tax Affidavit -1099-S IRS Input Form -Promissory Note and Deed of Trust (read and approved) ..THE BUYER HAS APPROVED, SIGNED AND DEPOSITED THE FOLLOWING WITH THE SETTLEMENT AGENT UNDER THESE INSTRUCTIONS: -Real Estate Purchase and Sale Agreement -Statutory Warranty Deed (read and approved) -Real Estate Excise Tax Affidavit -Net proceeds due per Escrow Settlement Statement -Promissory Note and Deed of Trust ..BY SIGNING TInS DOCUMENT, EACH PARTY ACKNOWLEDGES: 'Conditions of Parties' Agreement Satisfied.. All terms and conditions of the parties' agreement have been met to my satisfaction, or will be met, satisfied, or complied with outside of escrow. *Title Report Approved. · The Commitment for Title Insurance, including the legal description of the property and all attachments, supplements and endorsements to that report, issued under order number E - 1211 0 9 are approved by me and made a part of these instructions by this reference. .Settlement Statement Approved. · The settlement statement prepared by the settlement agent is approved by me, made a part of these instructions by this reference, and I agree to pay my costs, expenses and other obligations itemized on that statement. I understand that any estimated ronounts will be adjusted to reflect the exact ronounts requifed when the funds are disbursed, that the settlement statement continues to be subject to audit at any lime and if any monetary error is found, the ronount will be paid by the party liable for such payrnentto the party entitled to receive it, ..BY SIGNING TInS DOCUMENT, THE BUYER FURTHER ACKNOWLEDGES: .Property Approved.. I have had adequate opportunity to inspect the property and to detennine the exact location of its boundaries. The location and physical condition of the property and any buildings, improvements. plumbing, heating, cooling, electrical or septic systems on the property are approved, I understand that all inspections and approvals of the location and physical condition of the property are my sole responsibility and are not part of the settlement agent's duties and responsibilities. I hereby release and agree to hold the settlement agent harmlesS from any and all claims of liability for loss or damage arising or resulting from any physical condition or defect on the property, or from the location of its boundaries. ..THE SETTLEMENT AGENT IS INSTRUCTED TO PROCEED AS FOLLOWS: .Instruction to Close. · The settlement agent is instructed to perform its customary closing duties under these instructions, to deliver and record documents according to these instructions, and to disburse the funds according to the settlement statement, adjusting estimated ronounts, when the settlement agent has the documents required to close the transaction in its possession and has, or will obtain when the documents have been delivered and recorded: Sale proceeds for the seller's account to be disbursed according to the settlement statement, and ~ ESCROW INSTRUCTIONS Page No, 2 ' Escrow No. S- 9773 -CA when yon are able to close according to the tenns and conditions set forth in above said Agreement and Addendums attached thereto and in compliance with these instructions, and issue your policy (or policies) of title insurance in the amount (or ronounts) as follows: Owner's Policy (X) Standard form in the amount of $ 24,500.00 ( ) Extended form in the ronount of $ Mortgagee's Policy (X) Standard form in the ronount of $ 22,500.00 ( ) Extended form in the ronount of $ containing the insuring clauses, exceptions, exclusions, provisions and stipulations as contained in commitment issued under number E - 121109 , which parties herein have read and approved, and a. Conditions, restrictions or reservations as may be contained in the plat or Federal or State patents, b. Matters attaching by, through or under the Grantee c, Special exceptions 1-4 and 1998 RE Property Taxes, if assessed. shown under the above commitment number. d. New Purchase Money Deed of Trust in favor of Seller. 'CompIetion or Correction of Documents.' The settlement agent is instructed to correct any errors found in any document deposited under these instructions, and to insert as necessary the closing date, the date on which interest begins to accrue, and the dates on which payments must be made, if such items are incomplete, You are instructed to prorate as of None March 31, 1998 the following: *NOTICE TO PARTIES* The service of the settlement agent under these instructions will be performed by a person certified as a Limited Practice Officer under the Admission to Practice Rule 12 and 12.1, adopted by the Washington State Supreme Court, Under that role, Limited Practice Officers may ouly select, prepare and complete certain documents on fonns which have been approved for their use. You are further advised that: THE LIMITED PRACTICE OFFICER IS NOT ACTING AS THE ADVOCATE OR REPRESENTATIVE OF EITHER (OR ANY) OF THE PARTIES, THE DOCUMENTS PREPARED BY THE LIMITED PRACTICE OFFICER WILL AFFECT THE LEGAL RIGHTS OF THE PARTIES. THE PARTIES INTERESTS IN THE DOCUMENTS MAY DIFFER. THE PARTIES HAVE A RIGHT TO BE REPRESENTED BY LAWYERS OF THEIR OWN SELECTION, THE LIMITED PRACTICE OFFICER CANNOT GIVE LEGAL ADVICE AS TO THE MANNER IN WHICH THE DOCUMENTS AFFECT THE PARTIES. The Limited Practice Officer for this transaction is: G-V-IA ,\, 0./\ ~O# 1031 Cath1 Ames THE FOLLOWING DOCUMENTS HAVE BEEN SELECTED/COMPLETED BY THE LPO NOTED HEREIN: -Statutory Warranty Deed (LPBI0) -Real Estate Excise Tax Affidavit -Promissory Note (LPB26) -Deed of Trust (LPB22) ~ **ADDmONAL INSTRUCTIONS ARE HEREBY ATTACHED** ESCROW INSTRUCTIONS Page No, 3 Escrow No. ALL PARTIES TO THIS ESCROW ACKNOWLEDGE THAT LAND TITLE COMPANY DOES NOT PROVIDE LEGAL ADVICE NOR HAS IT MADE ANY INVESTIGATION, REPRESENTATIONS OR ASSURANCES WHATSOEVER REGARDING THE COMPLIANCE OF THIS TRANSACTION WITH ANY TAX, SECURITIES OR OTHER LAWS OF THE UNITIID STATES OR THE STATE IN WHICH THE TRANSACTION IS CONSUMMATED, THE SETTLEMENT AGENT HAS CLEARLY REQUESTED THAT I SEEK INDEPENDENT LEGAL COUNSEL IF I HAVE ANY DOUBT CONCERNING THE TRANSACTION OR THESE INSTRUCTIONS. I HAVE HAD ADEQUATE TIME AND OPPORTUNITY TO READ AND UNDERSTAND THESE INSTRUCTIONS AND ALL OTHER DOCUMENTS REFERRED TO IN THESE INSTRUCTIONS, BUYER SELLER ALLAN R. 'HUMM CITY OF BREMERTON, A MUNICIPAL CORP. Q)~~'J4rb Date Date Date Date Date Date Date ADDITIONAL INSTRUCTIONS - continued ESCROW NO,: S-9773-CA 1. NOTICE - INTERNAL REVENUE CODE SECTION 6109(h) 26 USCA Section 6109(h) provides: (h) Identifying Information Required With Respect to Certain Seller-Provided Financing. (1) PAYOR - If any taxpayer claims a deduction under section 163 for qualified residence interest on any seller-provided financing, such taxpayer shall include on the return claiming such deduction the name, address and TIN of the person to whom such interest is paid or accrued. (2) RECIPIENT - If any person receives or accrues interest referred to in paragraph (1) such person shall include on the return for the taxable year in which such interest is so received or accrued the name, address and TIN of the person liable for such interest. (3) FURNISHING OF INFORMATION BETWEEN PAYOR AND RECIPIENT - If any person is required to include the TIN of another person on a return under paragraph (1) or (2), such other person shall furnish his TIN to such person. (4) SELLER-PROVIDED FINANCING - For purposes of this subsection, the term 'seller-provided financing' means any indebtedness incurred in acquiring any residence if the person to whom such indebtedness is owed is the person from whom such residence was acquired. In order to facilitate the preparation of your annual tax returns, buyers and sellers of residences involving 'seller-provided financing' as defined above should exchange names, addresses and tax payer I.D. or social security numbers. 2. Escrow holder is instructed to prepare a Promissory Note (LPB26) and Deed of Trust (LPB22), which are attached hereto as Exhibits "A" and "B", respectively and are approved as to form and content for use in this transaction. Escrow holder is further instructed to complete dates as indicated by ( ), at close of escrow. 3. The undersigned parties acknowledge that their is currently no taxation for real estate property taxes due to the Seller's Municipality Exemption. However, at such time that the purchasers acquire ownership to subject property the taxation status will no longer be considered exempt. Therefore, purchaser acknowledges that the Kitsap County Assessor may generate a prorata billing for tax year 1998, which will be the sole responisibility of purchaser herein. ~ S-9773-CA EXHIBIT "A" Promissory Note (interest included - due date) $ 22,500.00 March 24 1997 FOR VALUE RECEIVED, ALLAN R, HUMM, a single person promise to pay to CITY OF BREMERTON, a Municipal Corporation or order I at the sum of Twenty two thousand five hundred dollars and no cents ($ 22 , 500 . 00 ) with interest from (close of escrow) on unpaid principal at the rate of SIX AND 00/100THS--------- 6.0000 %) per cent per annum: principal and interest payable in installments of One hundred thirty five dollars and no cents ($ 135,00 month, beginning on the ) or more on the 15 15 day of each succeeding day of May ,19 9,8md continuing until , on which day the unpaid balance of principal with unpaid the (3 years from c/o/e) day of interest due thereon shall be due and payable. Any unpaid principal balance shall accrue interest at the default rate of 10.00~ per annum after maturity or failure to pay any payment and acceleration at the option of seller. If Seller, or Seller's collection agent, receives any monthly payment more than 15 days after its due date, then a late payment charge of $5.00 shall be added to that month's normal payment. This property may not be sold ,transferred or further encumbered, Breach of this provision wil result in all sums secured by the Deed of Trust becoming immediately due and payable. It is further agreed that Buyer will pay real estate taxes and hazard insurance as due, and that Buyer will provide Seller with evidence of those payments. Each payment shall be credited first on interest due and the remainder on principal; and interest shall thereupon cease upon the principal so credited, Should default be made in payment of any installment when due, the whole sum of principal and interest shall become immediately due at the option of the holder of this note. Principal and interest payable in lawful money of the United States. If action be instituted on this note, Maker agree s to pay such sum as the Conn may fix as attorney's fees, ~ of even date, This note is secured by a Deed of Trust EXHIBIT ONLY - DO NOT EXECUTE ALLAN R. HUMM LPB-26 AFrER RECORDING MAIL TO: Nrone City of Bremerton/Jackie Cronk Address 239 Fourth Street City, State, Zip Bremerton, WA 98337 [+~ ~. f-.. ::! '-: LAND TITLE COMPANY OF KITSAP COUNTY ~~N;~Jf, S-9773-CA / E-121109 THIS DEED OF TRUST, made this 24 EXHIBIT "B" Deed of Trust (For use in the State of Washington Only) day of March , 19 98, between ALLAN R, HUMM, a single person , GRANTOR, whose address is 7395 S.E. TRUMAN AVENUE PORT ORCHARD, WA 98366 Land Title Company of Kitsap County , TRUSTEE, whose address is 9657 Levin Road NW Silverdale, WA 98383 CITY OF BREMERTON, a Municipal Corporation and, , BENEFICIARY, whose address is 239 Fourth Street Bremerton, WA 98337 ,WITNESSETH: Grantor hereby bargains, sells and conveys to Trustee in Trust, with power of sale, the following described real property in Kitsap County, Washington: LOT(S) 1, 2 AND 3, BLOCK 10, OLE HANSON'S ADDITION TO NAVY YARD CITY, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) 56, RECORDS OF KITSAP COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40 OF COMMISSIONER'S JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW. Parcel No. 4546-010-001-0001 This Property may not be sold, transferred or further encumbered. Breach of this provision will result in all sums secured by this Deed of Trust becoming immediately due and payable. @ which real properly is not used principally for agricultural or fanning purposes, together with all the tenements, heredilronents, and appurtenances now or hereafter thereunto belonging or in any wise appertaining, and the rents, issues and profits thereof. ' This deed is for the purpose of securing performance of each agreement of Grantor herein contained, and payment of the sum of Twenty two thousand five hundred dollars and no cents Dollars ($ 22,500.00 ) with interest, in accordance with the terms of a promissory note of even date herewith, payable to Beneficiary or order, and made by Grantor, and all renewals, modifications and extensions thereof, and also such further sums as may be advanced or loaned by Beneficiary to Grantor, or any of their successors or assigns, together with interest thereon at such rate as shall be agreed upon. LPB22 To protect the security of this Deed of Trust, Grantor covenants and agrees: I, To keep the property in good condition and repair; to petmit no waste thereof; to complete any building, structure or improvement being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property. 2, To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges, liens or encumbrances impairing the security of the Deed of Trust. 3, To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other hazards in an ronount not less than the total debt secured by this Deed of Trust. All policies shall be held by the beneficiary, and be in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary, as its interest may appear, and then to the Grantor. The ronount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Beneficiary shalI detetmine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this Deed of Trust. In the event of foreclosure, all rights of the Grantor in insurance policies then in force shall pass to the purchaser at the foreclosure sale. 4. To defend any action or proceeding pUlpOrting to affect the security hereof or the rights or powers of Beneficiary or Trustee, and to pay all costs and exPenses, including cost of title search and attorney's fees in a reasonable ronount, in any such action or proceeding, and in any suit brought by Beneficiary to foreclose this Deed of Trust. 5, To pay all costs, fees and expenses in connection with this Deed of Trust, including the expenses of the Trustee incurred in enforcing the obligation secured hereby and Trustee's and attorney's fees actually incurred, as provided by statute. 6, Should Grantor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the property hereinabove described, Beneficiary may pay the same, and the ronount so paid, with interest at the rate set forth in the note secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust. IT IS MUTUALLY AGREED THAT: 1. In the event any portion of the property is taken or dronaged in an eminent domain proceeding, the entire ronount of the award or such portion as may be necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to said obligation. 2, By accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment when due of all other sums so secured or to declare default for failure to so pay. 3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written request of the Grantor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconveyance made by the Beneficiary or the person entitled thereto, 4. Upon default by Grantor in the payment of any indebtedness secured hereby or in the performance of any agreement contained herein, all sums secured hereby shall immediately become due and payable at the option of the Beneficiary. In such event and upon written request of Beneficiary, Trustee shall sell the trust property, in accordance with the Deed of Trust Act of the State of Washington, at public auction to the highest bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (1) to the expense of the sale, including a reasonable Trustee's fee and attorney's fee; (2) to the obligation secured by this Deed of Trust; and (3) the surplus, if any, shall be distributed to the persons entitled thereto. 5, Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in the property which Grantor had or had the power to convey at the time of his execution of this Deed of Trust, and such as he may have acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor of bona fide purchaser and encumbrances for value. 6. The power of sale conferred by this Deed of Trust and by the Deed of Trust Act of the State of Washington is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreclosed as a mortgage. 7, In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor trustee, and upon the recording of such appointment in the mortgage records of the county in which this Deed of Trust is recorded, the successor trustee shall be vested with all powers of the original trustee. The trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Grantor, Trustee or Beneficiary shall be a party unless such action or proceeding is brought by the Trustee. 8, This Deed of Trust applies to, inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees, legatees, administrators, executors and assigns, The term Beneficiary shall mean the holder and owner of the note secured hereby, whether or not named as Beneficiary herein. LPB22 ~ EXHIBIT ONLY - 00 NOT EXECUTE ALLAN R. HUMM STATE OF WASHINGTON COUNTY OF On this know or have day of satisfactory evidence that , the person ___ who appeared before me, and said person___ acknowledged that _____ signed this instrument and acknowledged it to be free and voluntary act for the uses and purposes mentioned in this instrument. 19 , I certify that I Notary Public in and for the State of Residing at: My commission expires: REQUEST FOR FULL RECONVEYANCE Do not record, To be used only when note has been paid. TO: TRUSTEE. The undersigned is the legal owner and holder of the note and all other indebtedness secured by the withlJ1 Deed of Trust. Said note, together with all other indebtedness sec\lred by said Deed of Trust, has been fully p~id and satisfied; and you are her!lbyrequested and dlrected_j on payment to you of any sums owmg to you under the terms of said Deed of Trust, to cance said note above mentioned, and all other evidences of indebtedness secured by sai3 Deed of Trust delivered to YO\l herewith, together with the said Deed of Trust, and to reconvey, without warranty, to the parties designatedoy the terms of said Deed of Trust, all the estate now held by you Thereunder. Dated @ LAND TITLE ESCROW 9657 LEVIN ROAD N.W., SUITE 110 SILVERDALE, WA 98383 . FINAL SELLERS SETTLEMENT STATEMENT Se Uer: CITY OF BREMERTON a Municipal Corporation Buyer: ALLAN R. HUMM Property Address: 1653 COTTMAN BREMERTON, WA 98312 Order Number: 121109 Escrow Number: S-9773-CA Settlement Agent: Cathie Ames Sales Price..................................... Total Brokers Commission........................ Brokers Commission 735.00 (3.00~) to WINDERMERE Brokers Commission 735.00 (3.00~) to REID REALTY Title Insurance to Land Title Company. ...... .... Escrow/Closing Fee to Land Title Company... ..... Sales Tax Escrow Fee to Land Title Company Sales Tax Owners Policy Fee to Land Title Company Purchase Money Note/DOT. . . , . , , . . . . . . . . . . . . , . . . . . Sub-totals Balance due to Seller Totals ~ ~v.- Cathie Ames Settlement Agent LPO # 1031 "t. J,o- ,~ Date I hprpby cPrtify that this is a TRU~ and pxact copy, ~ By ../ Date: Settlement Date: 04/30/98 LPO Number: 1031 1,470.00 270.00 200.00 16.20 21. 87 22,500.00 24,478.07 21.93 24,500,00 Expenses Credits 24,500.00 24,500.00 24,500.00 . I'LLbL I\I'E O~ PH:L\T PLEASl-: SEE KEVER'll-: . COpy FOR W\llD~~~AUQtitampcd ~~cr. REAL ESTATE EXCISE TAX AFFIDAVIT CHAPTER 82.45 RCW - CHAPTER 458-61 WAC For Use at County Treasurer's Office ~T,< hli"ln No 84...{1{X}]B for Rqx1rting Transfers of Controlling Interest of Entity Ownership to the Department of Revenue) THIS AFFIDAVIT WILL ~OT HE ACCEPTED UNLESS ALL AREAS 1-7 ARE FULLY COMPLETED II ~'ailll' CITY OF BREMERTON a Municipal Corporation '" :2 -:7: ~~ .'" :r.,. Slr'c"t Street WA 98337 239 Fourth Bremerton, : c: 1\' Stale/Zip JH' DA[)III'I<-~ TlJ SLNU At,L PROPERTY TAX RELATED CORRESPONDENCE Same as #2 above ',:;r:"L' -: I ~'," ';[\ S\;I!,' lip ~_~_ , UNINCORPORATED !] 11,(; \1 I)I',SCRII'I'IO'.; OF I'ROI'LRTY SITUATED IN 1&53 COTTMAN ';11','( \(~,h'~" (if pfllllnlYI~ impnl\Cl\'J ~egal Description attached hereto as Exhibit 'IAII g ). 'Iii.. pr"J1l'n~ l'lirrcrnl,' YFS NO ( , I<'ir"i<.-'d l'r JC~lgnJkJ :1\ forc'-l 1;J[lc!" ( Ii.q11<.-'1 X~ :r.. RCW ( ,,'~'lfICd ,J~ UJl"n;nl use l<:ll1J (UPC1\ SpJCL, fJI"Ill Ii',,< ~lt:ri\.:\J]tllrJI. nr timber)? Chapler 84,34 RC\V I',\c'i;lp', t'rll 11 1 prppcny lax J~ ;J nonprofil "-~,illi7.:11I(Hf) Chapler 84.36 RC\V \L'iicr'~ Ex~mpt Rc~ :"'Jo, _ _ _ _ _ I\Lcl.-'~\lllg special I.'JIllatiol1 JS hiswr'lc ;q-l\]l<:ny') Chao/u 84_26 RCW ProPl'l'I,\ Type: fl.: I:JIlJ only !llld wllh prel.'itlllsly used huildrng if V ,0/ -] Ii 'lil1l1,:I- 11111" land with 11('\>'-- hllilding land with mohrle home JUrldrng. unl)' , rcslc\ellll;ll J't-illcipal l:s(': .\pl 14 + 1:lllt i ,1~I'I,':i IlllI',r] ('(illllllL'rciill,illdllstrl:ll ,!','I [J \i iT!CI', uF '()\,],I\jU.,\\CI~ :R(\l",' :\4 _',' III RC\V :-;4 ,'~I Ii "I', 'I" ()WIlCI-I~J "I 1~lt\d d,al I" clds"ificd ,11" c!es1gnatcd CIS l'UI']"e11: U,,;.' did ',xish III (',>rlliTlL1C thc ,'I~J\~ifIC~l1l(l1l PI" dc"igll:l1illll 1'1 \ll..:11 Ii' 1\, I., ilwncrhl Il1list \i~1l hl'I(l\l, Ifrl1<.-' 1,<.-'\, ()\\.Jled<\ (Il) r1(l: dC"II\~ 1"1,' ~Lkh 1.'I;l,,,it':I.,:JtilOl1 ,11- ,k~I~ILltl(111 ~lll c()11l1'<.-'n~,ltlll~ .'1' :iddl ,,\ "lkljl:Jtc'd p:II~Ll,II\1 III 1<.('\\- S4;\ 1.:'.(1 ~llld i4() ill I<('\V I,X ,)1,111 hL' 11,1<.-' ,.lld 1'.I~,lhk r,\ 111<.-' "c'lkl <>: ti'dIlS1c'III: ;lllll~' tilll>.' !], ",;1\1\ ~i\\C'-."l[ nll,\. d,'1c'nl1lIlL il :il,-, 1~ll1d tldll\kJTI.'d q:Ldlrll~1. 1,1\.". ,ill"'\ l>1 ckl.i~[I.Jti(11l dll.j IlH1"l,\' il1dic~lll' h,'lu<.-, \I~;'" Ie', ' , II,,! I',' L"",II-ily Illl'df] lllL' 1~1I1d ,.'11: Il'lll~llr\ III <,-'la~"irl;'dti(111 I',,' Ii ~I 1'(1 "11).-'(1 qLl~dit'il'\, il ...,dl he :crl1tllCd ~illd tlll'c.'lill , \'-I! I I',' "llllll'-"! \!' 1';, I.' ,'\1.':lc 1-- ;1111 ~t \I~ 11 , ,,, dilL" Illl\ 4u;-dity tIll' conlllllJaIlLC '!\'<'-'" :1" [)I'.l'l:rY ,ASSFSSOR ''';()TICI' Uf C()\1PLl.-\~CE :ChapIL'r S-l 2h RCWI I' ',\ i ,'" 11(' 1-'." I "f pi ('perty \, illl sp.:ci,d \,lllIal inn ~(" h i"luric I)['OP('-r1)' c',ll'.Iilllll' lk" ~r<,-,,'i:ll \';Jlllatiull thl'.l1c\~ <.-lwrk~i'l") Illust sign below. '\',II~':(~J ell! Ih)1 de:,irc In l'(llltinu<.-' such special \'aluatioll, all ;,I! u\ ,'akul;ncd pllrSlLlllt tl' CI1,lPl(,1 S4,26 RC\\', shall be due I' ,\,It,.,' 11\ dK ,-ellL: (lr Ir:m"fnlll .it th<.-' llt1lL' \)l sale \,' I' .,L!,I {3i OW!,;ER(Si SIGNATURE D ALLAN R, HUMM Name '" ",,,, "':z >-." iil", " Street 7395 S. E, TRUMAN AVENUE PORT ORCHARD, WA 9836& City/Slate/Zip Kit<ap COUNTY BREMERTON, WA D OR IN CITY OF 98312 a Description of tangible personal propcl.ty if includt.'d in sale (furniture, appliances, etc.) If exemption claimed, list WAC numher and explanation. WAC No. (See/Sub) 458-61-420 Government Transfer Explanation Type of Document Statutory Warranty Deed Date of Document flIJ/C4/QO '24.500. 00 Gross Sale Price $ Personal Property (deduct) $ Taxable Sale Price $ Excise Tax: State $ Local $ St.ale $__ (.Heal $ __,_~ Delinquent Pcnalty: Stall.' $ ____,. _.___~______ Total Due $ _____,.________~_____ TIIEKI~ IS /\ $2.00 FEE FOH .'I{OCl::..'';SII\(; TillS FOl01 IF ,''-0 TAX IS DL:F 24,500.00 Delinquent Interest: g,\FFlllAVIT I eertfty".'{;7d1rq!l,nalt) of pel'juf) under \fi~ \~,(s of tbe state of \Vashington that the foregoing is true and correct (See hack of this form). Signature of (Jrantol"/ Name (print) Dale & Place of Signature of Grantee/Agent Name (print) Dale & Place of Signing Pnjury: Perjury is a class C felony which is punishable by imprisollment in a state correctional institution for a maximum term of not I~i; 'rl' tlUll flye years, Of by a fine in an amount fixed by the court of not more than five thousand dollars ($5,000.00), or by both imprisonment anJ (illO (RCW 9A,20020 (IC)) RI'\ ,,-1 i,HlO:~! i6-1t'-'-I:'jl 1'1l,(,-\()-lI-'1 COUNTY TREASURER FOR TREASURER'S USE ONLY EXHIBIT 'A' Office File No,: E-121109 DESCRIPTION: LOT(S) 1, 2 AND 3, BLOCK 10, OLE HANSON'S ADDITION TO NAVY YARD CITY, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) ?6, RECORDS OF KITSAP COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40 OF COMMISSIONER'S JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW. EXHIBIT 'A' Office File No.: E-121109 DESCRIPTION: LOT(S) 1, 2 AND 3, BLOCK 10, OLE HANSON'S ADDITION TO NAVY YARD CITY, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) ?6, RECORDS OF KITSAP COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40 OF COMMISSIONER'S JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW. EXHIBIT 'A' Office Pile No" E-121109 DESCRIPTION, LOT(S) 1, 2 AND 3, BLOCK 10, OLE HANSON'S ADDITION TO NAVY YARD CITY, ACCORDING TO PLAT RECORDED IN VOLUME 4 OF PLATS, PAGE(S) ?6, RECORDS OF KITSAP COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40 OF COMMISSIONER'S JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW. EXHIBIT 'A' Office Pile No" E-121109 DlilSCRIPTION, LOT{S) 1, 2 AND 3, BLOCK 10, OLE HANSON'S l\DDITION TO NAVY YARD CITY, ACCORDING TO PLAT RECORDED,IN VOLUME 4 OF PLATS, PAGE(S) ?6, RECORDS OF KITSAP COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED COTTMAN AVENUE AS VACATED IN VOLUME 16, PAGE 40 OF COMMISSIONER'S JOURNAL, WHICH UPON VACATION ATTACHED BY OPERATION OF LAW. OFFICE OF CITY ATTORNEY 2394th Street. Bfemerton, Washington 98337' (360) 478-2345. PAX (360) 478-5161' E-mail: legal@cLbremerton.wa.us October 19,2001 Northwest Division Post Closing Department C/O CoIllIOOnwealth Land Title Insurance Company 4211 Alderwood Mall Blvd, Suite 100 Lynnwood, Wa~hington 98036-6750 Re: Your Escrow No, lOO8749m HummI Alaska Exchange Corporation Dear Sir or Madam: Please find enclosed the original recorded Deed of Trust with regards to the above account. Land Title is Trustee for the Deed. Should you have any questions, please feel free to contact me at (360) 478-2345. Very truly yours, " Enclosure: as cited * Equal Opportunity Employer * , Transnation Title Insurance Company 1948 S.E. Lund Avenue. Suite B. Port Orchard. WA 98366 - 360-876-6646 fax 360-876-6687 '. October 1, 2001 (9/' ~ ~f' fJ~(UeP"~ )c;J~ o Tra~!~~~2..~ City of Bremerton 3027 Olympus Drive Bremerton, WA 98310 Attn: Mildred H. Vellegas RE: ESCROW NO. 1008749m Humm/Alaska Exchange Corporation SUBJECT PROPERTY, 1653 Cottman Ave., Bremerton, WA 98312 Loan/Collection No.: 35-395.1002 Dear Mildred H. Vellegas: Enclosed herewith is our check in the amount of $22,715.17 which represents payment of your request for payoff as follows: Credits Debits Principal Balance $ $ 22,715.17 If tbese funds do not pay tbis obligation in full, you are directed to apply tbem to tbe current outstanding balance and IMMEDIATELY advise tbe undersigned the amount and the nature of the shortage. Upon receipt of the enclosed, please issue your Request for Full Reconveyance and forward appropriate documents to the attention of the Northwest Division Post Closing Department c/o, Commonwealth Land Title Insurance Company, 4211 Alderwood Mall Blvd., Suite #100, Lynnwood, WA 98036-6750 within 30 days. Please reference our escrow number on all correspondence. S' ely, dJ-.-- Mindy Galarneau 1) Escrow Officer Encls. LOAN AMORTIZATION SCHEDULE repared for: Ordered by: Prepared by: oan Number: eginning Principal: nterest Rate: umber of Payments: onthly Payment: $22.500.00 6.0000%' 36 $135.00 Date of Preparation: DATE DUE INTEREST PRINCIPAL 05/15/98 112.50 22.50 06/15/98 112.39 22.61 07/15/98 112.27 22.73 08/15/98 112.16 22.84 09/15/98 112.05 22.95 10/15/98 111.93 23.07 11/15/98 111.82 23.18 12/15/98 111.70 23.30 ---------- ---------- 1998 Totals 896.82 183.18 01/15/99 111.58 23.42 02/15/99 111.47 23.53 03/15/99 111.35 23.65 04/15/99 111.23 23.77 05/15/99 111.11 23.89 06/15/99 110,99 24.01 07/15/99 110.87 24.13 08/15/99 110.75 24.25 09/15/99 110.63 24.37 10/15/99 110.51 24.49 11/15/99 110.39 24,61 12/15/99 110.26 24.74 ---------- ---------- 1999 Totals 1,331.14 288.86 o' 1 LOAN BALANCE 22,477.50 22,454.89 22,432.16 22,409,32 22,386,37 22,363.30 22,340.12 22,316.82 22,293.40 22,269.87 22,246.22 22,222.45 22,198,56 22,174.55 22,150.42 22,126.17 22,101. 80 22,077.31 22,052.70 22,027.96 ./. j LOAN AMORTIZATION SCHEDULE for: Loan Number: Monthly Payment: $135.00 -------------------------------------------------------------------~------- DATE DUE INTEREST PRINCIPAL LOAN BALANCE --------------------------------------------------------------------------- 01/lS/00 110.14 24.86 02/1S/00 110.02 ' 24.98 03/1S/00 109.89 2S.11 04/1S/00 109.77 2S.23 OS/lS/00 109.64 2S.36 06/1S/00 109.S1 2S.49 07/1S/00 109.38 2S.62 08/1S/00 109.26 25.74 09/1S/00 109.13 2S.87 10/lS/00 109.00 26.00 11/15/00 108.87 26.13 12/15/00 108.74 26.26 ---------- ---------- 2000 Totals 1,313.3S 306.6S 01/15/01 108.61 26.39 02/15/01 108.47 26.S3 03/1S/01 108.34 26.66 04/1S/01 108.21 21,641.73 ---------- ---------- 2001 Totals 433.63 21,721.31 Final payment: $ 21,749.94 22,003.10 21,978.12 21,953,01 21,927.78 21,902.42 21,876.93 21,851.31 21,825.57 21,799.70 21,773.70 21,747.57 21,721.31 21,694.92 21,668.39 21/641.73 0.00 .. 2 t461Z ~sOlJMO e","" $\L'iEf'.O"U;. 'II" ge383 98-1130-1251 ..... """ <;C1JI.l'''''' Of ....... COU"'" <H>'I.E'II'" p.a,.o tl'H P.O, f1I)~'1f'S1' ~ (S8O\_-I033 S\I.'iE~ 'II" Q8383 Eo;Ijf'Cll 110, o"lE 01,/30/9& S_9773-Ct. PA'.....' ... ......... ... ....... .- ,- '.\'. C11'1"............ .~.."., =...,.,,~ ~ .0...... ....~...~.....oo.... ..... """ c<JII'''''' Of ....... COU"'" 04/30/9& PToceecl- 0:1 sale ~tll 21.93 21.93 tIIP,~-I~ 1 . \ \ \ \ II t461Z LAND t'ITLE COMPANY of Ki tsap County P'.O. Box 2737 Si1verda1e, WA 98383 Trust Receipt Number 15470 Company 7 0 0 Office 7 Escrow 5-qlf,~CY\ Date_'~h~(A7 ~N'C ~O",^ R. ~A/>>l-1A.A,- 4",,-< "."nO F,;.z.. ,rl1h <'0"')' ~ /' DOLLARS I $~3'-19 ~ I L I ~ECEIVED OF ::::JC~ ~ECK ::::J DRAFT DWIRE D CASHIER'S CHECK D MONEY ORDER BUYER D SELLER D OTHER D ABAlCK # AFTER HOURS D ~HThO-n,~ ) ~ RECEIVED BY PROPERTY ADDRESS: CLIENT'S COPY LOAN AMORTIZATION SCHEDULE Prepared for: Ordered by: Loan Number: Beginning Principal: Interest Rate: Number of Payments: Monthly payment: Prepared by: $22,500.00 6.0000% 36 $135.00 Date of Preparation: --------------------------------------------------------------------------- DATE DUE INTEREST PRINCIPAL LOAN BALANCE --------------------------------------------------------------------------- 05/15/98 112.50 22.50 06/15/98 112.39 22.61 07/15/98 112.27 22.73 08/15/98 112.16 22.84 09/15/98 112.05 22.95 10/15/98 111.93 23.07 11/15/98 111.82 23.18 12/15/98 111.70 23.30 ---------- ---------- 1998 Totals 896.82 183.18 01/15/99 111.58 23.42 02/15/99 111. 47 23.53 03/15/99 111.35 23.65 04/15/99 111.23 23.77 05/15/99 111.11 23.89 06/15/99 110.99 24.01 07/15/99 110.87 24,13 08/15/99 110.75 24.25 09/15/99 110.63 24.37 10/15/99 110.51 24.49 11/15/99 110,39 24.61 12/15/99 110.26 24.74 ---------- ---------- 1999 Totals 1,331.14 288,86 22,477.50 22,454.89 22,432.16 22,409.32 22,386.37 22,363.30 22,340,12 22,316.82 22,293.40 22,269.87 22,246.22 22,222.45 22,198.56 22,174.55 22,150,42 22,126.17 22,101. 80 22,077,31 22,052.70 22,027.96 1 COPY FOR YOUR INFORIIAnON OFFICE OF CITY ATTORNEY . ~ 239 4th Street. Bremerton, Washington 98337. (360) 478-5345' FAX (360) 478-5]61' E-mail: legal@ci,bremerton,wa,us March 31,1998 Ms. Cathie Ames, LPO Land Title Company Silverdale Escrow Branch P,O. Box 2737 Silverdale, Washington 98383 Re: City ofBremerton - Alan R. Humm Transaction City's Sale of 1653 Cottman Dear Cathie: With regard to the above-referenced transaction, please find enclosed the following original documents: 1) Supplement to Closing Agreement and Escrow Instructions for Purchase and Sale Transaction; 2) Statutory Warranty Deed; 3) Real Estate Excise Tax Affidavit; and 4) Sellers Estimated Settlement Statement. With the exception of the Statutory Warranty Deed executed by Mayor Lynn Horton, these documents have all been initialed and/or executed by City Attorney Glenna Malanca, Please feel free to contact our office if you have any questions in this regard, C;:~~~ ~sistant to GLENNA MALANCA Enclosure: as cited cclw/enc: Kathleen L, McCluskey, Administrative Services Director/ Paul Lucas, Administrative Analyst * Equal Opportunity Employer * ,-- --. COPY FOR YOUR INFORMATION OFFICE OF CITY ATTORNEY 239 4th Street. Bremerton, Washington 98337' (360) 478-5345' FAX (360) 478-5161' E-mail: legal@cLbremerton,wa,us March 19, 1998 SENT VIA FACSIMILE AND FIRST CLASS MAIL Mr. Wayne Ellis Reid Realty ERA 3330 Kitsap Way Bremerton, Washington 98312 Re: City ofBremerton - Alan Humm Transaction City's Sale of 1653 Cottman Dear Wayne: Please find enclosed with this letter the original Addendum to Purchase and Sale Agreement, extending the closing date of the above-referenced transaction to April 30, 1998 and naming Land Title Company as the closing agent, which has been executed by the City ofBremerton, Please can our office if you have any questions in this regard, \ s~:e~, ~rl~ ~ ( JA~ R. cttONK 'Leg~ssistant to GL NNA MALANCA Enclosure: as cited cc/w/enc: Paul Lucas, Administrative Analyst / Cathie Ames, Land Title Escrow * Equal Opportunity Employer * - - FRDM : RL HUMM PHONE NO. -'-..._ Mar. 13 1998 B2:36PM P1 Mar, 13 1998 01:~~""}j ,q-O~" r_>_ ~~11~. ~N"""UIIIllI"""" Vir A1,1,.H'lfru~ FROM . WI~RE. ~ ESTR,......., lNC P~ t(), : ~ 698 4614 ~1..,......,. ,~........ III''' n""I...M8 ....... AdcMll4lumJAmelldment To Real Estate. Purc:ll.ase And Sale A.reemeat n.. rottowiDlls part oi Purdwo And Sale A,rCClncnt dtlled n.mbtr 19. 1997 Between Tile CIQ> or ......l'lIIn (ul or") and B'ulllIt ("Buye(') ca~aa IUS CotUIUllI ("the property") Today iI: Friday, Muclt 13, 1991 ,... 1 of I, Addllldum a ofthi. ..,-t 1& " II/'ItCI bUw... I ho eeller Ind bllfU ("the partlM") .. fbllowsl The a10tlna cla1.1c exttl ded to April 30, 1991, ~ -rIME Co,..,o/MJ'( ~<J €.5;.C:./J.OuJ ~'-r <[D (."w'O "Tl,":-/..€ C:>""~'1' Aeaat (comp&I\y) WlIld.';';. lleaI BllateIW~ Inc by Bob Qulrdino All oIber_lncllXlllG cow'" of,elcl oareomenl _1~lI8ed' Buyer ~ kIyor Sell , " , Set1er It .. . date llr~/fN' -:., 3\ll\<ij ~ /U.l\. l' 'U {1"1l%l t5'1' ~OM)4UNlC;''!'lON No:U 1'AOI:.1 V'lI.3 ,U1Vi'!l. Qlill. 6l. ~', lNO'ttl 96. 'H'dV'tt ,~:..,--.......t'30Vd ~,.eo'6L\:I'90l . FROl1 i'lL HUMM PHONE NO. ( Dec. 23 1997 01:58PM P2 FF'O"I C>rt'iVEPt-1ERE ,FcEAL ES~WE,WA, 1t'-IC PHONE I'C, 360 '::'.:3 4614 D~c, 22 1997 03:22PM P1 N'#N\.,$ '<:It''' No. lS VS<:;ant LaM ~.t a S.lto R_.G1'f7 P'f.I"'J"lI~ COpy FOR YOUR IKFORlAATlON ClCo~Y'iQ"'l"" N~sl Mvl~pl' UStmo' Servir.<o AIL I'/(tI-lTS AI'$"ERvF.;; VACANT lAND PURCHASe AND SA'-E AGREEMENT THIS AGREEMENT AFFEECiS YOUR Lt=GAt.. RI'3HTS. YOU A.Afi ADVISED TO ;SEEK. LEGAL ADVICE BEFORE SIGNING, O.le; I J- -/ a, _ 19:},3,_ TM Buye'. J1t-J44<./ JJi/n't/l1 A SI ;t/{-Ld 1irYz.J,~ ~r.u to buy and eller -ag1'll8S to :seU, on the: Jollowtl'lg temu,', 2 wtVah ccmstitu1r3 the entire understandlna of th;pa!'ties and supersede:all ptlororeontemporaneaus understandings and reprRsentatlcn$. the property known .3 u1.Vnear / I~ ~~ ("" y-rl'l".M. I ' ell>' of tt-t-JJ:h.D<'C rlJ)..J 1<,'1$/.1 j4 County, Wn/lingtOfl. Zip: _ _ f ~ legally d"""be<l)o.s ottad1ed Q as ronowo: 4 6 e 7 ff..... ,................~or C..,Atont'" lMett.,.aKreCt. O"o'CrftKstgMlU.l. 'Itlltieg;;ll d9act1~ of the property). E>tClOpI fn ~ graph '1. th4' t.~ 8 ___Ucons...........--_.,.-:-,.dA FIliI: }/'h.J)IrI~t1O ~9 - ~~~- ~_.E....""V/;."'..,~~J"Tl.JQ~;..t;O<~,(J4.h/.D, ,~ " "" :10 S f-"'; . . lndudingm.l!I,m,$f'\money, .;I..,1H 17 .. .... ,M ..'.AYMeNT, s-~ l'l/)oJ.t:7VPV>+1 :;z.::z. e-!', '2 ., PERCOLA.T10N T$i8T DISCLOSU~Si. :ftt1o "mfMl'\y is loeal~ In Kl<'\~ Ooumy ani!: (1lI) 1$ '1Ot$@l"fotclbYOl'ltlppn:vedpublicorpnvafO:lCWersY'tem;;tnd(b)r,!O ~1l1mprovlKf 1:3 kif rotsic!antl~l or businesl! USoei ~oll"l ::I9f'$89 tQ deliver to Suytl:r the Perc:ola!ion Tesl OisdcteUI't' 'lQuired by KInG' Cou/tly, 14 $~OR'T PLA. T. Th. pmp'!rty p;s b<<t'. 0 n'lJ!l tI~ C Is not 1~1y ~uil'fI! l.ll e..,., ~fo!ort planoMl. leit hellO be.;", In" '"er!: Plat Number Ii in d1el89$1 (I~setl~~tI #boV8. 15 INsPFCT'O~1. Tt-.if Aorfll!''''IH'll: 16- ~s 0 is ~( oondtioned 'JO 3 ~:JrXwS l'T'l.~.I= i~llcion of\he preporty and itslll"lproVJtmcr1ts. (lfills. srtaQ/'l ~LS AddCl"'"cvm No. 35 Orolh'9f"lrl<-pil:ollol'lAdder.dum.) 1/ Tho;, p;;~illl,S .,kncW'l!ld~ lnal ttle Uslin9 Aveorrt ~I"d S~Wlg Licen!:l!l!! h:llVO 1'10 ex~e Oft these m:llt~.;rnd Nl~nd the acOYe il'l.:l;:=9o:t;on3. 18 rlIGiJ.rT'TO FARM AND R1GHTTO I'ruC'TICg FO!tESTRY DISeU:>$lJRI!S (Snol,omlt:h ColIn!)' Onty'). l'bto pt(llM"Y 0 19 0 i$ r,::7. "deslgn~" l-'tITlli!lnd" /,)( ~'ualed 19 withifll300 .F-~QF~des:gn'led 1'Itmftlnd' in Snohor:llsh Coun~. Wahlngton. (Jfit is. ettach NWMLS ~~dtrmNo. 22G or equivalent), TriO pmpeny 0 is o 'is ~ol 20 -deg)g~l.I.te<i ~~~",~l: lat'ld" or ~iNated wilhin 300 r=e\ ef .d,,~""1otest land" in Snohomrsh Counql. WMl'\ingtcn. (It it is, .ttad'l N'NMI.$ Add.r.d~ Ne. 221'1 cr equiV3lontl. .~ ZONING. S~!"'''Iarrents Iha! th. eurrlljnt zonlMl2lfloiO"",l1on is: IJW ' :t ' 22 ~T KtH.I VI UTU..meS, i1",e o:ro~ertl is presently SQl'YlICl: by 8: )a"pUblicwat6r ~'I'l C priwte \NIII 0 community ""'" ~ main 0 ga~ 1'lIaln Q MlI!cQ'le dbtnbutlon Rl"I. 2:! o nono 01 tloIot ""1'19. Th$ l~ "UN,d by" me,ns (exceptln !he ~ af a weTl) U'lat a main or 1Ir.e capable of UeQualely 8e/'Yitrg ttlc IIlnti~ property.buts or .IdjOin$ the 24 oro.,~atsome pooint. N01WJTHSTANOING THE FOREGOING. if Is \I'It SUYER'S ~S$PoNSJ8IUTYTO veRlFYwiV'lln days: (10 days Jr "O~ ftlled in). 25 from tho da\o Qf mutual accepfaMD of tl'lls ....groernenl. that.ft)' IJliliti." ,;.",Ing the prop~ meet Buyer's need;;.. If the Suyer does not gIve notice !Q tn. oOl1tnuy 26 within ~"ld !"lumber of days. ;t s.hlH bc eonl;lusiyt.I'{ deemed Ihat Said utllitles do ~ot Buyer's neiMs. .27 CLOSI.NG. 0_ SA~ Thi!: ~o "".11 fl. de,,~ on fVf.JA G fA I> .1' S!..t:: . orsoon'!!:c tr/~m9nl 0' tl'le: partt&s, by ~/?~ 26 '~...". . ._,' __ ,__ ~&'~alfterdosin9agentas&uyer.h&n~I!Jt9. .29 4, S, Sa, E, 7, , ., ~D9T"'TAXWJ'THHOLDING AT ~Q.I"G. Tho CloslnO-"98n1.lIs lnatt\ICtlH Ie pc":PQ"I III ClKtIfICl!!ItJon (NWMLSACI~m No. 22~ orequiv.lent) !tt.lf;I~IsMU '10l'eign 30 l)et:S'On" withm tJ'1e tnelf1ln; of lhe Fo:"'!;qn Investn'Mmt In Real ~TIIX Act $cllor agtHI 1e.iSP'! this \.lI:'ItlfIwI5()... If Seiter It .. ft:I1Il;n ptfSOf\ and this trans::lC1ion is 31 !'lOt Ct:':4~ t')t"""'" l'J'om FIRM A, Closing Agent Is lfIstn,l(;ted to withhold and pqtbl tequlrN amount to 1M> InftmaI Revenuoe $erML 37. 1D. POSSESSION. OIol~,.h8"be-~titlcdtoco:ss.o~n i'o'.n~ Catl:OOPMol1tke cafend8r4t1.Rc,~1tt9 !.3 a . .Closing" mvans the daM On which IIf docs.ll"l'len15 aR ~~ and the *'" ~s !It, on-cilabJe 10 SeHer. Sollor ag~e$ to .34 maint.1Tn ll1e ~fOP~/I!Ir.d Included .appll':!lrH~'-s in their presmt oondl!lon.. MnnaI Mar and _r .xceptQd. ~ Buyer. entiU~d to pos~n. ~ ~I'(I). ,.,c 11. A..,IiNeV DISCLOSURE. Al th41 ~"'Jf'lina cftl'\l$ Agl'C!lement.. ~.$tltl'n' U"M~ /V, LI'D /J7l...J"11CFd~ IZr>:..L &-rn~~e.J..A(,711.l {/~ /7 ~1IW~ name oI1,.il;1tn... cmd!he C!OII'lP4nY nlme ::a~ lQd7 rej!ll'uented ~ V V l!YL. . ~., 1O.............,."...".eI""~er$d<tr I S ~. Us't11l9 Agent r<e:. ?".-u..ert a 3R rep,...sentGd (1"""':>>oIkW.fNbcItlSe4ierMWI~ If Selling Licl!IlUe6 ,..,,, Lleting AgOl"ll 3.r"J dlffercn~ sakltpllNOl'ls afNleted wa., :I'lo SiIIIfIot Qrok.,. U'len balh Buyer anQ $911"" oontlrm their '='Cns~t to lhal ifo":er aetlng ;is a 40 dual3~nl, If 8cllling t,leensee and l..isting Aqe!'l~ aro !he 58me $l.k)$pem:n re:~ng beth par1le$ then bo~ eu~ and 591ler confrm t~.ir ~r'I~ent to th~t sa~pet$Q'" 41 a.">d hil&t.\o( ~8r acting SS duai ~n~. BlJ)o'9r and S~r con"rm r~ji:K Qf bt pempl\1o!t onRtId "Th. Uw cl Aesa Estate AvoMY. I 41 tOMMISSION DISCLOSUR.E. Ntilh~r Listing A9!"'nt n'3l" 5@lling: Uoen$~' is reeeMng compenllticln from mOre then one party (0 this tranuction unless Otl'ltrwi39 staC~d 43 on an a~c~ed a.cdendum. in wi'lic:h ~o Buy~( and Seller CQI'lt$nt Ie 5uch cornpet'lRtton. .!4 39 11:1. 12.. CONDrrION OFnTLE.. Uf\Iesa~o~irlthiC~UI.I$ll:llh9ptopl!fffSNIijtle~a1dQ5..",. ThefoOow;ngshattnotC8\i$ClhelillllllDbIIl!unr'!'lOf'\(cmbJe:riqhts. 45 ~TVitllQN. c:ovenant9..<:cndf;iQns, e.M I1lStrictions ;rt:S~eycl~and ~rmto"".:nz VaHfT)et\ts"""l!:'~notmateriattyalteetir.g !hs.ta.weti:rlvNMfintt-rfeM9 46 .m t!'\oj 3uyqr's raUO"l:'lblo l,J"of:'l<l proporty: onrl f1JSGI'VMI ell ard/Q('mining rlgh~. IIdonelacy encum~l1ct B.SNJfl'o4orJ by B...yershsn bep<lid by $Ql\Ot Cf'l llrbefondoslr\9. 47 INrT~ER ~9! 8V'I'ER Sa.&.eR sl!f.Jl SelLER 46 ~ITE"'\SIr\C1 Aoeft'f'lI CoDY c::P,:;:;;N-.l:.""'...r......... r.AHAQ..-_!l>.'~.......A... 1.... r ~ROM FPOI'l l~jL HUM!"! PHO,IE ,10. ( Dec. 23 1997 01:59PM P3 :~~r:EF~'ERE PEAL Esr":'TE/Wf.l, 11.'- PHOt-lE rJD. 360 ~,'~:=: 4614 Dec. ~~ 199? 03:23PM P2 f\j~l..S r:~ ~<:'. ,~ \1_I'lI~aNlPvrt:";u.,,3.a~ Rh.6I9? P:5I;-1 of 3 "~!/C'I' <O,CQfI)1'lgf'll'&,7 NOfthW'l!~MI.I!lipCoLLr.lJ""......;c~ AlL Rl-::>HTS RliSg:jIJ'!'D VACANT LAND PURCHASE AND SAL~ AGREEMENT (CONTlNUEO) 13_ 1Tn.E INSURANC'E. S~II~' 3u!"ori'lo:>:ol~dercr'.;I~lI'i"9Aq.,nt. at Sf:iIJeT'~ c"pe":u~. te S1""ly '~r:! .l3ndsrd f?,.."tUY'@r'SPOlieyo1'liIJEin-SUf;?ClCe.wilhhomlXlwnc(s Iddn::on31 4~ ;tn;1e:coon <1nG Infll~ pratl!lCl!on ondornem@nl!l if f\iIHab!q at no 3dd,licr;a: ~ost 11'1" :iUt$' lfl4iIJ'-loc:a poliCy i:s to be ordered t"~1Jgn _ , .'no. .' . . ~ ~ ~~ ~I '!"LrE" __ 1i~ eo~pany. S~'d COMpany is 11:I. M('tl',j :II <;:glw of the prellminillry CM'lI'l'lIl.tn<:-r1t the~ror tg bc;lC~;'~~:1'l: .;)n( ~~ Selli"9 LIGC~ The ptelrmlf'laty commilrrrcnt, and!he~", G<i;II;Y to b'3 19SUed. st'l.;'lll <:ontain tl6 tll.copblsoth'!l" than the GMersl ExdvsiOns and ~oticns. in said sb1ndard i't'rm :ll'ld Speeial ~ns(X'lnsbtent ~h'll14Ccneltiotlor1ltl. Mrtln ptovided. 1!ftf!gcaMOtb$ TI'1id<<~"surable Miortothe Oo-slnQdirlv. 1t'1eo asStzyt!r's$Olq artd t)(dusive S2 f'\I:'\'T'ledy, ~~ ewr."tnCf'l'!yVt~/I. unless Bu~ ~ct:Ho wai\.'liU1Uc:tl t:!1Jfl!ocb or e~branClBS. be ~nde< toh 8'.Jyel".lessarlyunpe!C -=flt&41~bed in ~ph 2S hQfbtf' ~ ilnd ~I!. "'S~WR 1II"'~pon be ~r:alO?d. Buy"!r sl,.U /'la..... no rtghttO speeiliePt'tf;:lrmanoe otd:ltn;ges as 3. consequence of Sel1el"$lnllbif'ltyta provide insorable titl.: s& CONVEYA~eINCt7I"-FORMANC~. 56 WARRANT'l' D~. Tld. ...~I becor'lV~ by a StatuloryWarr.:aoiyOiMd. If Ih)~ A;l"eetnent:sfor~l'ICeofa BU)'!'''''' Inlerest in a R8BIE~tate Contrac!, ,,"fIo $lbtuoory 57 W3lT3nty OMd shalllndude a buyerg A-"I.t;ignm4nt of tn. COtJncf sufficient 10 /Xll'Nt:y;dter J<::ql.llred ~ 58 SECURrTY. Ifthi!l""",'OmOflC 10 fIor83J.on eilhcr a Real ~tale Co1"llRdor a NotA to(~ byOeedofTtwt. me par12t:!i ag",.. IO~. FOR~A{S)ATTACHeo HERETO l.lnleu !l9 an "~on ::roWfin9 :1."\!InQng ftPq\JIN$ c~Al'9nt forms. If Retil E=-te Conttaet FQn'n LJ:'8-44 Is ottaa.d "e,.to. Mty ltlose optional c;!a~es i~ ftratfoffTl reqvintd by ttlt 00 tetm:Jr:1~lt:s~s,,-"IIPPIy. 6' UABILrrY FOR PAYMEf,lTS. "!"ho r,oICI'lr it !lnfit:e., lCl collect: peyrnet'lt::l "... .. Real EST:at9 ConU3ct or Nan:: evEN THOUGH THe E1iU'I"ER ABANDONS and/or of.'&f"! to '=Ill1t 62 c:!ai:":'l tt'le property to the h~lder,.. . . ".". ... " , 13 P;:~FOFlMANCE. Time is of ~ oaten.:" Oil tt1i! Agree,.,.,~"'. ASSIGNMENT. Suyer m:lY n<< ~~IQn tlO:l\I Agreement, 01' S\Jyq.r'1i rights h&reun!ll~r, wi\kout, S4i1""r's prlor wrltt~n conSCl"11, unless pn:lVla~ ~tn,:rwi.'i6 hereIn. UNOF.RLYIN(; !ll!NCUMSMNC1i5. l~l~We ie!1r'1 ~r.::\insi Oeod ofTN&t. A.o!IaI Ed.i:l~c Contnletere'V'ttl"en<:vmlm!JnQIll wt1fch jsto temaln I.inp.,l(t afte~ d:Js;Tl9 and its lerl'11$ 66 require u'e hdd~r's eonsl'1:nt 10 this :!i~le, Buyer ~grw$ to promptly apllily for such consent 3n-d !tIie ~elTlcnt Is conditloMd on 'I being oblain~. tr CONOITION OF WELL Sallar~bIf'\cOtNII".eW'!lU(i1a'IY)serW1g.odQS8IVI!t.lhepropl!(':f. ta) proW:les...,~~ _uppyofhol.:lSel'lo\d;:rr.-dY!l"dwa1l!or'.f\"lI!f=SngSt:&a.; t),p8l'VMnl e8 "f Soda! al'ld Hnlth Ser'i<Ces purity $lO\ndo:ros; Oil", (b) ocY\t!nl,lljl(i 1M Of ~~9"1 !f>8utt-.orize<j bo/8 ~te Water' ~t ~orll~.$Ity e<>:r,:mpt:'rnm the leGl:irernoc'llofa Ce~l~, 59 C ONOITlON OF' SEPT; C SYSTeM. Scllcrw&rrant$ ~kal tI'I. Jl~Iil\h; ,y"(:lol'l'1 af ;any) serving. 0( t"J sltl'Ve,ll\oe Pl"epel":y: ('J) is in goOd wef'l<i~9' (:td8r and Seller has no Imowr~ge: 70 Qr a:w n"Mded l"'el:ll);rs: a:'l~ (til is curr~nlly not in v;gl{tt:on Of l!Iny 90"'!lmm~Ul, tle...llh, C:Or'$~f'tlction and other srat'ldsrd'~, al>plie<:lblO tg the Pf'Qperty, 1~ ,<I. .. .. 15, lS, \7, 18, SAI.E INfORMA"MON, 'I'l~ lL!:.t;ng A9~"1 or S9Uing Lf.c~n:<!!'!' i: ~uu-.~rill):d to raport u-,lt AO(~.,"enl (ir'tC:luc:!ing p!i:;;.c;: and all t<3rm~) Iv lI':. MIolW,.lq listing 5.g.rvieot ~~...t 72 OdJi!llhe~ II and 10 Us /T'i.t!!I'Tlr,t!r9.: lil'\;lncing i;1stilulicns; a~pr'1iser!l: and any":11! ,1&8 rell1ltd ~o this: $!Ie. 8uyer Md" Seflerauthorize: 1l111'l'Idom, CloGfrtg agent!, sppra;$et$, 73 !It!~I~!unl''eEl eoMtl~r'lies. anc ~thers related to !.his sa!.. to furnish: the listil'l~ AgenlandJ1r ~.Iltr:; LicensM. or. request, any Md all II'l(o"",lian and copies ofdo-cums!'Ils "4 .;~nccrnil'1i (hii' status, prQgres$ \l1'l~ ~inal dlspo:sition offi:lsn~ng, agptain'. closinq, titl", condiJon. and :my olher matter oonceming thl, :IlUe, INCLUDING BUYER'S i"S CAeuli Re.PO~T. (FHA rf!gt.I~I'o['1s pr.,hibillende'. giving or.dit Information \0 .nyol"\9 ~n ~~A to:!M). 76 SEA. TTLE REQUIRIiiMENTS. If me ~OD<3rty Is in U'le City o.f S~~::l!lrC, Soifer !Igfflol!l '4 ~el;V(Or ~o SU'.let I!!I .Cenific3te ot l:lrv;:! JJS9 aMI L.OOI'lI Aeses:S.ll'll:le'f=" ~plying with 77 1M S~at1le Ordinance. 78 C1.DSING COSTS ANO PROFtl.T10N. Sen~r o:a,.,d Buyer $hall etlcn pey on.."'a!f tt'~:!lctow fee. 5~1I!!f' s"aUpay real estat... eXcl&8 tl!fl/. Ta.I:I" 1~~tl'!lli wrrent year. rent. 79 inler-est end lienable ""m.owner's ass'J::lation dues SMlI tl0 prera(qd 35 of clcmg. If aPlY ~Yf':'l."tt: are delinquent on encumbrances wl'lieh will rcmltrllfter closing. $0 CJ~sir':g A~ienl i~ In,t1'\lcttd to Day ~"r'i'l it ~hutn9 from mon,y due, o.r to be l"llIid by. Seller. e1 ,g, 20, 21. NOilCES AHO eOMPUi AT10N OF' "!':ME. tJ"rets o(l't~fwl~ 'It=cjfl~. .ny notice required or ~nnie~., In, orrel:llllecl tQ, ~IG AgfUm~1it must tie in \'I"tiling ;lInd signe\:! 62 b"/ ;:jl":r .,riOil euy~r or S.aer (;ndvd~g ~t!'l!tr nustland or wife). Saller <:lNOinb 1I2111f'lg Ag4!ontas Seller's: aq@flt and Buyer :appoints S.1Il"9 LIQ(l:I\,* 11) Buyc(s agMrt 10 ~3 rl!!ol!iv,? nnlil;:e, (lnd -all olher dOC'.JrMnts ri!lar.~ 10 Inis tranuotiOn that may be delivered fr6M Me ~~tty:o the other, ineludif'lg but nollimm~ to Sti'trl R4ral P~agerty &4 Tr8Mf~r Dl!;closur. Stsuement ('RCW ~4.04). condomInium reulecerofitatts.land ";ist~tior.s:and any acdition.:d wrlttotn noti'-...es. re!i:I~nl.,or~l,lnle.ations rvIating 8s to SUCh -:!Ot:urn@rll$. The o.rty to wI'1oma notice or 3r\Y'Jthef (focurr.8ntill direated llh.l111 b$! deemed 10 h~e rec;'CiYedand to hl!lve knowl~~QQf'th.':<<\t8nt; Ofth900tlce a.s or dc:.uments upon reeIJiot by or at th~ otfic.e of the ,artYs i""Ointed ag9nt. l4rlylimlll:nit :lQplieat)ICl toa m>Ur;:e shall COtnmette4 on 1"'& d"t following receipt ofth~ :"l.,tlee 87 by the aClXlinted aQoent O~ part', and $haU 6'~itll at ~OO PM of,hl l.ut c.ottM.H day eH~8 splIclfied period of time. unluc I~ day i. 11 Saturday. Sunday 0( legal holmay as Oil$ defirr'ic ir. RCW 1,16.050, in wh:ch ltyef1t Itle: lime 11".,1t sMD tlC.tHtG (11'1 lhe: ftui business day" ,AnY$pe"cll'iec p9riqlj of nv. (I) day!! or less .shaU includ6 business days 89 only. S:::LLE~ .ANO SUY'ER MUST KEEP7HEIJ;: A~POINTli:o ,.,OeNT ADyt&EC OF THetA: ~O\JTSTORECENEP~MPTNOTIACAl1ONOFRECE!PTOF 9Q A NOT~C=" SEllING l!C~SE:::. ,1\1'.10 USl'lNG /\GENT JoIAVE NO RESPONSlSltllY TO AOVlSE OF R....ecE1PT OF A NOTICE BEYONO !~ PHONING "THE PAA:r'Y O~ i1 CAt,;SiNG ~ ~O?y OF "j}oE NOnce. TO ee O!LlVERl!O TO 'n'lE PARTYS AOOReSS ON THIS AGREEMENT. 92 2%, F~CSIM'Le'fR.ANSMISSlON. ~3CS"lmiletr.lnunlnI0f'l otst'Pf !Iigt'led e~~11'l81 dOOU.,.,e..t. _no:! r.!.I'a~'!t..,..;~ ofi:lny:;~ f~imile tmnsm18sion. ",l'taU betroe5"_'ll'll~"lv9ry 93 of all "rlgll'lal. Al ttle ."eCl~t or 1JI~0r party. or !he ClosIng -'gent. lI't8 p:!ln98 win eontkm f3C.slr"lle tn~ittCd $JgnahJftM by ~g"ing an ongin;)j document. !'t4 BUYER'S FONDS TO C1.0SE. Buyer 'epresel\lS met SlJY"Ir !'1M 8uffident: fund, 10 c:lclse t/'li$ $ale in accordanoe with this Ag~<VI1, $"d rs not ",lying on any conttngent 95 sourc~ of funds or gifts unl-':lls e-xPfeS$!Y .$el tort\'t els_here In th:s ~re~menL 96 23, 24, C f'/O!'ltl )c A/"."...rl~/..t5;. 97 2~, AODENOUMJL In ..,ddi!ion :0 any OtM'9f Addl!ln&Jn'\:; rof~od 10 in thiu Aq,,"o""~l. uo.. (onl:w;ng "ddendwn:; ;;1(0 attBd'led hereto: Fe..r...... ~ D :2..:J,.LL... _ J!Jt>rUJUT'>/hto,...lJF. I I , "" DEVEtOPMC!NT AND/OR CONSTRUC"':'ION.FEASlBILlTY AND COST. IT IS THI! DUYER'S Fl:ESl'"OHSIBrLn"YTO VERJFY witMin 17 days (15 days ~9 to Ml1i:led III J rrom tie datI! of mutuslllccep131\O! wtlelMr or rlol fie property C61l be planed. develtlce<1 iJ!'Id(Ol' I'Mt (In (new orin the fulure) and wtlsU wtn eosl to do ttmi:. BUYER 100 SHOULD NOTREL Y ON ANYORALS1~TeMeN1'.s CONCERNING TInS MADE BYTHESELLER, J..ISTlNGAGENTORSElLlNG UCC!NSEE.. bUYER SHOULD INQUIRE 101 AT THE Crry OR COUNTY. AND WA.TER. SEWER OR OTHER SPECtAL CISTRICTS IN WHlcttTfolE PROpeRTY IS LOCATED. BlNER:"INQtJt~Y'HQUW INt;LUCE. 102 BUT NOT BEUMrTED TO: BlJI1.DING OR OEVB.OPMENTMOAATORIUMS<spplialblo 10 or t:0i1"9 eonsi:fer'lJd fof"th9 prope!ty; 8tTfSpeCIAl. BUILDING REQUlREMENTS. "\~ ind'Jdir.g SQlbac1c3. height limits or ~l:l"i~~t on "''''Wd buildlngl m~y I).t!! ,"I'I"~ on \hq gI'OP.rt'r: whdltf ltle proP4l1Y ~ affected bj a load Z0f'l9. wetlands. sht:nbInd~ 104 Of ether EHWlONMl!HrAU..V SENSmvE MEA: road. school, fire and any ef;tleotGROWTH fftmGATION OR IMPACT FeE$ll\3t I'l'llJst br.t plIIid: h ~ 11M ~tJf'8/'l'Wl' 105 necessary:o obta!n?tAT APPROVAL ee>O'?' a: BUILDING PE..ttl&T; wale1, WWgr and ubity CONNECTiON CHAftGE$; :)~;sf olt1c:r CHARGES thatrTllSt be paid. 106 \It'le Buyer doc:~ not qh'. notllO" to thlt contrary vwl,"l" uid I'lumbter gtday:>. il 'Shall b<3 c.o"aluslvelydge""ed tI'Itll BlJyorls s;\tlsf!.t!llIII tod.....es.o,":'.'lt ."41e~Hr'\l'.\ru.e\'<;11107 !~3!;:ib;i,ty ;1M r-..otL If Buyer d<Jes so -;..,., no.jc:e 1MI!.' Agreemel'lt s"'all t'Jrminll~e and 1h'3 Ear:"l~s! r.1Oney Sh3l1 bb rellJm~ to buyer, l<3g!! 2ny u"Qa,d QJS~. 108 .. INlnA.'" 7f#; ..LJ ri BUY~'1 SElLeR SELLE~ "'" ,",;:.~;;N_l''l'ra'' CoP" eWA;:fV_PUtttllUN'.\no:l; f c:;.~..,,,_..~..l~ FROI'! : I~L HUI'II'I PHONE NO. ( Dec. 23 1997 02:00PM P5 r=-RQt": ::"lDEP['1S0~ PEHL ESTATE. '~. 1t'1C PH:NE ~iO. 368 698 4E,14 Jeo, 22 1997 03:24PM P3 NWMlS t=9m\ !'IIo. :s VlleAflt UlM Puf'llh..~ t. S"I" ~..lio'V7 Fll"3O(J~~es ~C<<IrriQhI1m17 NarlflWllsl'l,Aulllpl4.l.h:lins;S6Mce PolL RIGHTS FlISSERV&O VACANT !.AND PU~CHASE AND SALE AGREEMENT (CONTINUED) EAFrnEST MONEY R&CElPT. S.UL.,O Llee"~ee ack:n~s reeeipttfom BU'te:f ofS :Zt:JOtJ. Jt) Cl~m"'"t MO<'Iey, i~ the f:sv1n or: 0 Cash 0 Pe::'!Of1sl (:r,~k; 1" 0 pay:ab\flto ~omi.s$ClrynQt'!". ~ ."t'JILWIJIJi. ,19~andp.ayabiel() I:!L!'1h t?~Lry_67:f4 1~1 o OtMr . tobQheld: ~8yt~eCJo1lI"SJAo;ent QlnSellil'\91.1~""$~.,''S&rakcrSpooledlRl!lt~~\,lrrt(wftJtl"re'''S1.paid(Qlhe 112 Wa'!ihingtbn l'1ov'lng Fl./t'ld), Selling Licensee may. howovef. t..-ans(9r tN e~ tnCIhay 10 ~ ClOlJI,,~ Agent. . 113 If tile e3Mrrol lTlONY ., let bfJ Mid by Sclliog Licensee snd is (lVt;"t" $5,000. it WI;'lII b. daposilH lei, 0 $$\ltng Lloensee'$ &~k",...s poo~ trust a=l,'nt 0 A separilte 1NSC 114 3eoo.Jnt in Sellin, l!Cl!ln$06:':;; Broker's name, Wiltllhe interest cmtIlIld at eieIsing to Buyens.llet' ($trlke one) whQ$C Sodal Secunry (or taxpayer SO) N~r Is: 115 . If ~is sale falk to d~o. wnotV$"'" entiUed 10 \he "melt money is entllled to 1h'3 intBtMt. 116 Selling Licel'll$M shelt not depo:::it any chedt uMiI BtJ)'fJ":lnd SeUer have '!il~ thI.a Agteel'rlel"lt. B....yer agre86 to pay fil'lanGinQ ar>d pUfO"'~. <>>:sts lneurrec1 by II.I)'€ir. !fall 111 Q('?<IIt of the e:lIrnest money is to D4t tlJUn4d 10 BUret ~(ld any such ~n ~8id. ~c Selling UcanseA m3~ "edtrd: aM pay Ihem thtMom. 118 Dcte:.6ULT ANO ATIORNn's FEES. In Ih"J aYerlt &l.t)'Glr ,~'s, without I. excuse. to cort'\Plete lI'1. purct'las9 ot tne PtoP~. lhen (~CM): 119- )II.. T'hatpot'li'3n ofth.o;;m_tmoMyw+lich ~.,qt~ ftvo POf'CCnt(S%)ofth~ pu~seo~shall t'9 rgtain'!odbySct~r"'llql.:lda"lIil4:lf'M9Cle (t:/Jt:fect"S~If<<s 120 cbl'9800nlO pay certain costs and it comml111iol'l under Section 30 belOw) and 8S the sol. and uc.lus:ve r9:medy avaaable to "Uet tot tlJctl tllIuro: or '21 o b... Sel!ermay. at SetlM~optiorl. (ta}.p;ll liqui~led d.,lNgvs all<<. pot'tJonofthe earnest I't".one~ (9ubjeo;t \cJ s"rter'sQbliw".g-, to pray aotUlitlacststlnd' IIcomrnlulen 12'2 underSee;Jon ~O ~ic'N) as the ~t'lq andl!Xducive ~yiMIilabfe to$e11erl'tx'such failUl'1!, (l:I) b.1ng ~l.Iit againstBuyyfor Sellcr'sactual dlrT\.lOeS. (C) ~rlnglUlttc .pACl1lc.ally 123 enfQI"eG this ~l"2et'1'1~r'.1 <1nd recl>V'er any in6::1lll"ltal damage!;. DC' (d) P'Un;U9 any 0trI~ rights ~ f1imlrdlM <l.YlIIileble 3t 1:lW or Qql"lity, 12<- t'Buyer, Self'!.r. l:,oog Ag~t or Sollirl9 Lic:8MQf ir.:UMe$.:ui1 conceming tI'll~ Agree~1"It,. inc!udlng. but not 1:m,1Iood lQ ::tm~ l:l"'U91U ~tIl/,j.Gl'l1 'otl'le WHhmqlen C(M'l~er 125 ?mtec'don: Act 1./'19 p~lIi/7n9 PIJI'tt Is emMktd to <<ItJr! 0I)9t$ and a reasonable IMfnIJY'," fee. I'" thlll lIVei'll of ll"htl. 1M ilmount ofth9 atl.Ol'l'lefs fe~ lihell blil ftxed by lhe C'Jl.Irl 126 "tore ve-nue ot any tult sf'\i!~Il;lt the county in \.Yl';ief'l the property is lc<;:ated. 127 If J1ei"..her or Ihq Ol~V" b~a: Ie choel(e~.lh./}n Option "It- spplte~. US COtJ ~"n!ROFFERS. If eilher Pilrt'j mc;lclil~ a futUI1!l eoun'.e<~cr, thot ot"" petty t:I'I:lIU have unt.:19;O'J P,M. on the ____ d",)' (If"et F.lledln, Ule to&ClClncl "illY') f"lr~wing: l~ U3 recel;:t t~ Me~l'l\h~ OOlJI1~ft~f.l.Jrne1i"S ~nerwilhdr3Wn. A(ounll,~".rorac~t3nee ;!:rlo~ef1ectiveu/"ltil. signed copy iSf*Ceive<l t1yQr8l\!'lI dfloao"M.ti'lOfp~5 130 3gen: fo~ tl1l:!l j'J\Ir;Q~eg ot re~eiviTtg notices, as ~~oVido!.d In Sctlion 22. If me eountere~erh :tol til'Tl6ly acceo~d, it mall 121'$e ;lnd th4 4;m,1t money ''''=11 be rtflmdllld to 131 tI'I~ Buy~r. 132 29. AG-RE!!:Mi!!kT TQ PURCHASE AND TLME LIMIT I=O~ "'CCE~r""NCE. Buyer ~ffc~ \0 purehUI9 ~p.,Q ~roper1.yon Ihe ;:!x'>.'": lerm:'i and CQnd!lkm!l. ~lle'r ~". 1iI."II It P'M of 13", 11 -- ~ j 19 q I l,.. :ae:,=pt tlIi' cHelt, A~.e;:Qnee IS net e!feO:.N" untlls 91gl"ll!!d t;o~'J h~l'C~f,~ a.;iuaJiy recerv~d by er iii' thg ofl'lGQ. Qf SQ~ln9 134 LleM$e~ If t~lS: 0 ar If: not SO aece::"t~~apll nd S..IH"'Gll1eel"lsee shall refund t~ e~rnest mol"ley to BU)'1;l1" 13.5 - ~9UYeR ____OAT" 1+3 '"1.7- "6 aUy!;:t\ DA.TE 19 137 BUYER.'S PMONli: HOME ~ ~ ~ OF"FICE 111 9UYERSADOResS...2'a Vt=:' "fO~) t7A'W,iJR~ tVA .IP 9f?ibt, 130 SeLLlN(O UC"NSee ~A.l~~'-"'''''''/r' OFPlee NO, 4~r? PHONe I.'i '2,.-~{# 'L..- PM lit ~'-I' 1'-( 140 ~ {COMPANY} (? :DyD~S, ~,~ ':.~K""" t$A'>7"'1 tlD ;>JL'-FYt7A.L'ff;;;eh/'A- ~:;~'<: \4, . !...'::" _~ _ _ PRINTNAM!' d;0r7 (;,-.,.cIJl.-vtJ '.2 30. SEtLe.R'S ACdSPTANCEAND BftOKeRA.Gi. AGREEME:NT. S.!lllrll9~eaIoS~ :t'.eprQ?erlyonl"c term:; and candltlot'dl Mroln..Al'\~ ~"""wagree:stopayacomml9'S'loo 143 if"> a 16lal3l'l"\OUt\tl!lDmputed in accotdaIlc:eW1!'1l1\l: li$tlr'la~ent.. The commission ;l'\an be appOrtion9d be~ ListingAgent~ Sttllingl,..ic:&nsn asspeciiiedinlhe listing. 144 If hN 1& ft. """"-nlltSttng ".,...m.nt. S~UIl' :tOf"ttlt l~ ~S.lil't9l.icensM3commission~t %.ot $.iIleapnoe or$ . Solle1';I~/l$liO 145 lict:roQ.Agent;;ll"d $etlmgl..ieer:lO'9. ~portionofrtt.li31'lt.,~c:ql,/;lllothecammisskln. 1(1I!3mllll:t""'~ is rotml1ed:a'Sliquidzteddamag~ 3nyeost$;tt!Y:mcodOf~ 1'" by l},tJr.Q A;entor Sell"''"9li~ forStJV'.i' or S.lIe, ~I be reimbur.ied ~ paid d'l..Itcm. all" tile IlllalM.:o ~h:tll b9 divided &qlla1ly ber..veen (1) Sell$(;ltld (2) LlringJqmt 147 er.d Se:Hlnq LiC8nSH PM 'he c:omml5~ Qf lil1ltl; a~l Sell'!r a"J....<. Aedges r~lpt 01. "'PV or'.hlG A9ntemenl s1gr,e-J by both ~~. 141 SeLLER ',~~ 11, ~;t,,- OAT!' 19_ ". 26, XI, " Seu.eR DATE 19_ 160 PRINT SEllE.q'S NAMES '51 SELlE"Fl:'$ I;lIotONE: HOME O'''lce '52 :ss 21~ 103 OFi=ICe NO. p~o",s FAX 154 (COMPANY) A.DDRESS 'TANce, 'Tnl!. Agrgemenl i!. ::Iecepte<lt wltMul tul1h9r change or coynterorfel" Uti:: _ ';lJ.y f')f ~rnod the date or mUtual. act;€!~!!~e.t (It this Ag~emant and ah ;do./'\d!. 1S5 ,19_.156 '&T Inili.13 of 3'J~erlSeller (€t.'1k!o one) - lt1ill~\\\ I>f QlI)"erlSeller (l:.tnko<)(Wl) '58 'NHrfE-S.lIlrl<l A9IflU C~PY' ~;::'ii.N-Esero.. Co", CANARY-i='1,j'f;!l...,r1l 2nd t$liI'r lJINl(_AM."~ eap't' GOlt>....PUfefl"""S 1rtCNY FROM AL HUMM PHONE NO. ( Dec. 23 1997 02:02PM P7 FROM : ,1,I[HDER~IERE RE~_ ESTRTE/WA. IHC PHDNE; t-iO. 360 698 4614 Dec. 22 1997 03:25PM P5 NWtoIl,9. F~ Nf, 220 ~C\ws.Jt.6GeMu," A.., 12/91 .oe,~1_ ~"",-,.tMI.Qpfe ~,.,...,. "u. ~ICHjS R.iSet'VIO The following J~rt of !he Purchase end SaJ~ Agreeme"t d.Nd _n '-I rr ~ ('{I7Lrn..n?"rTJ o<j ..,d lot 1/', "" A-f eoncemlng: I f,., ~-r OPTIONAL. CLAUSES ADOENCUM TO PURCHASE ANO BALI! AGREeMENT 12-- l"'1 .1947 ('Seller") 2 ("BII)'<'-'1 3 ('\he Pl'O!'o<ly"), . (!g~u CHECK IF INClUDED: "----" . ~ o SQUAREFOOTAGEJt.CT srmtENCROACNIIINTS. "I'M ICing"'4 seUinQagc,*mPeno~tctnc.ming:: (a)thebl$iaOfUle ~Q'*t)'II1I~..l:06... e ~ed.bytM~. (bll.hl&qUeMb:l.r4~'I~onlhe~ tc)-~I\e""'"" enerN~b{"'nees.nx:=tetIn.buld") cn_PNpettr. 7 or byh pl"Op<<1y on ~~. Buyer it edvhred to ~ lat sin. &qu.'" rootage and 8~tllo l!IvrIf'l own sristat;tfan. prior Ioclo$in;o. , F.lCTENDED COVI!RAGE TfT(J: INSURANCE. Notw;lhst=ind"ll'Ig~. "TItle (nSui~:;";iteUa.Ift'thi$.~ kind. o;~,'.'m~ cirr.,cl;dic: at.~W.s';~~e, 9 IlPPIy for en N.. TA 01' ecmpaF8bfe n1.nd~ .ocv<<rage polloy oftitl.. insUrance.18V'ler U'lJI'l tt'\t Stlnder4 fClrm Bl,I)'e"'$ policy Nl~rNd 10 9lerafn. 10 JI.OPf"'Y'Y ANt) OJltOUND8 M"l""'J.lN~!). Until po~,sfon is trar'lsrorrecl to Buyer. S'!Ier agraes to rn.lniw. Ulf: PrDHttlln Uu! same COl"fdftiOl1 as when "..iUaUy viewed 1,. by Buy&(. The term ~erty" lnCllsd8t5 tns !!I'Uildl"9("): 9roUt'l4ei plumb:"", ".at, ellK:1rica and 0U'I~5YS:~: and aU incl~d ap~Oan.<as_ Stw.tJl<:!. an &1)pIm.nce ~rT)'I"'m 12 tWII:J;)mo incpel'$tivlt or malfu,,<,~ ~not to lransfer Qf po$fIUIOfl. ttl'-r agt'<IQ ~ ~tth~r t'e9air. or res:!:toC:lJ lM $limo wi1h l1fI O~l'lfi!lt'lce or sys:tem of at leasl tquOII qcJar"Y. 13 prior 'xl closing_ Buyer rC$lUVeaUle ,;~hllf; ffil'lt~ ~.property within rrYe days pri~r 10 transfer or posussio:'l. 10 verfl'y tho ror&qcing. BU't'er 4lr:d Seiter under.l~l'!d Ind ~4 ag(e~ that the liaung ent!. 3~\ing ..~tl1'I\ tl'1:1\ 1'10\, und~r 1M)' cir~mlllances. be liable fo( ~o foregoit\9' or Sefl~(s e!'ili.\Ch or ,,,illl Q,,"se. 15 ITIMS LoIFT BY ..U.I". Any p"I'$Qfl!l1 p~p'!<'ty, ~)lI\,IreS or athc:r it~ms n:ml:lln;ng Of! trl~ pt'OlM"Y whiM p.oS!l.~lI.~~ \:i. '\{Ol'\1;I~I'f(l<j to !hlj1el' sh3\1 \hereupon beeom, Ih. '. prqperty of '1'10 Buyer,.....<I may be rlllllll'ltd~' dl~'d I)f .u 8l.ly/Jr d'!~tmjne$. H~r, Seiter 3gteea to ol-e2n the- imerlors of u~ $wcturM aM remOve an trash, debris 1 ~ IInd rubbish ptI/Y to BWef laking I)Or..c~i('ln. ,eo ):0 )9 P OTliER, ,. fLv't /...<1'(. 'r"}J,a" ~ J /J,L, "/ >n--I:7:-; It"y &;y<M.... &~ rfI-&tl.l'lTS "iC> a~ tZlf.101-,~y, A"I(".. $',41.0 '0 tl P~lr)MY ~(J"1€' IS I>vC A~ ~A/Yi ;V G&vL 'f I./,4J ,1fp:rz7v ~<l vzW tJf>I:JLr;t/D~ a:t 1) , --{l.I.e Am-rt: Hr r7.../ I III :L y 1~(JVl'lS' t?F C&N'T1,.;t-~'f 2. t3 24 2. 26 27 Zf 2. 3<J 3' 32 :l3 .' 3' ,. 37 3. 39 '0 " lni.e1S~: BUYER: WHrre--lrQIlll", Q",y ;Jz -# ( Oa\9;/~J Date: 42 8E\.LER: SELL J.J'f.j Date: 43 I1RE!!N_~ cop)' ~"""IAR.,._PloI..h~.l.... e.. 1 ... 'FROI" , HL HU~1M PHONE NO. , ( Dec. 23 1997 02:00PM P4 F~JM '.::.l([,IEFI"\ERE REAL ES"7~T=/\fjA, lHC PHONE HO. : 350 ~,S~: 4614 Dee, 22 \997 03'26PM P6 Fi=!On ; ~L t-4Ul'~"1 PHCN= 1<0. : Dec. 19 1997 12:22PM P2 , ,. A.OOIlMOUML I PU"CHASE AND SALE AGRIIMENT "0._.__ INVeSTIGATION ANO FEAS/BILITV tiUOY CONTINGENCY The followtno terms Ilnd conditIons Agreomel'l~gre.ment') dated CI lY......b.;::' ftIlPd-IP/lrDtI.! , J<i 1-J...4-3..l )/ vl4AA(1 ~ are part of the Earne$'! Money 1:2... -1"7 1S:l2. betwe.n ~r'Sell.r") and ("purchll'."): , Purer-aSElr snail nave thlt right to e~.r the property ..nO to conduct an h'llf9Stlgatlol'l and .. 1easlblllty $1UOY Of th$ evltabmty 0' the property for purchaser', lnt"nded ulIe Including, but not limited to; market h1aslbnlty: engineering and 60ils &1\.1019&: ifIVeatlgatlon of zonIng l!lnd subdlvl$iOll; other land Ulle .nd 9lwlronmental re$trictIQns; !lnd avallablllty, adequa~, and Clost of utlUtles. Thi$ Agl'9ement III OQodltloned upon Pul'ehaSer's $ole jud9merrt al1<l dlser.tloM as to sultablllty of the property fOf the P",~er'a Int$nded use, Thill contingency shall conclusiw/y be deemed satisfied ~ 'I bolore 1 e ..It'ffin b 0 days after mutual acceptance o~ thIs agl'gement, unless Purchaser gives no~loe of dl"~proval, in which evem this Agreement shall terminate. .,,,,,""", ,::~.aJA--7?~ 0...., l,j..}k; lIer's signature '~ SJ-,.Lt.... _ Date: //:?v/9P 'FROII nL HlJf1t'1 ( PHONE NO. f Dee, 23 1997 02:01PM P6 FRet" : Li.:lUEFl1EPE REHL E,::,TCiTE'lJA. rt,:C FHONE t-.~O. : 360 6~8 ":'51.4 Dee, 22 1937 iiJ3:25Pt1 P4 l'iWlolLs l=orm~, l'.tC POV"\CI':': rM'l1~ Mt1~um A,,,V,\~ OCQll'yri~I'"' No..iT.....'~ MvI~ Utlil'l9 SONir.~ All. AICllIolTS ReSE~VEO P"'Y~ENT TERMS ADDENDUM TO PURCHASE AND SAUl AGR.EEMENT Tt\~ 101lCWii"g !s psrt Qf the Purche.;c a~d Sale Agr'!emenC 4eted ..tween Cr ry ,f~ 1!,a~rsn.~;l.J and L conceming: ----1.b. n r,p '{"T'''''''''''V /2...- I*> , 19 '17 METHOD OF PAYMENT (Cheek Ilftd ICompHlIte e~p"lI~;;,bl. paragraph). 5 o AEAL~STATECONTAACT or Ji1oEEOO~TRUSTTOS.~R. 8uyeragreesropli)l'S c:z (}C<,!'. IV (fOWh. including eamestmoney, 6 at dQliin9 and th~b3lMce in mon~ty Installments to Se!lerofS If} ~ _ tJUT otmore at Buye~& 0 on. includll'lljllnterestfrom the dalG 7 of cios(ng ar ~ % p." .!nnum computed on the dimlt'lishll'lg pmdpGI ~iance$. Qn or berore th"ll I day of each t'r.onth commencing 8 Q 30 da:t'S ,!i!.lowing c!osinS bfthis sale 0 , Artyunpli'ld prindpill balan shaD accrUA Interest itt ttledefaull ~ate 9 of- .. J 4;J ,. % (1&%.' If Mt fllhrd In) per annum Qtl.er maturity or'failwe.!.o.pay.any payment a..,d ee!eration.at U~e option orSell!r., The first, 10 pOly:'""",!";, ~"3n bti adjust.o to If'lclude any intersst aCOI'tIed. It ~~t 01' Sell!!;"'$. coUeclign agent. recel' any monthly payment more than .-'..S::.- 03)'8 ~ 1 after its C:ulb da.(e, then a late peyment cl'l!sl'ge 01 $ ,," t::'" (8% of monthly payment if n filled in), shall b~ gdd,c:I tQ that month's normal 12 p~yml!nt. Quyar and Seller agree to $(gl'l, atek,l9ing. '''0 form of real e.tat$ contra<::t 01" note d ds.d oftrust (as che(:k~d above} whfQh must i3 be attachlitl her-eto, if a Deed cfT~'..:st It used. It is a;l'eed that\he following sh211 be: :;tdtSed the Deed of Trust grant.<:I to Seller: "this preoperty i.1 IT!'=.Y .,ot b_ 'Sold, tran$f(!rred. or further encumbered. Sreach of thia prov1si~n willl"lil!1r.r I" 81f .sum!; secured by thfe Deed of Trust ~eH.Qmjn9 15 imm$dta1.a1)' du'!' and p,,-yable." It it fur".har agregd that S'JyerWlll ~3Y real ~state t:l.:rces d hazard r!'sutant:~ as dUif, and that Buyer will RfovidQ 15 S~li€r with ~vide:'lee of thost' p:aymcms. No o:!!onaJ cJ3us.uJn the attaehed form LP -4<. res:l @~t~te contri:l.ct shlllll apply unleS$ ~8:C:h is Inili!.t~d ~., t1)' bo:h P"!rties. , e o C~sh Oyt, Th@ e~\ire prll"H:I~at baf;;,neq o;hair be due a(ld ps:ysbj~ L YlIC:ts tom the dal. of cJo$ing 0-" ;'1') _ , 19 19- CJ eASH DOWN TO EXISTlt-lC 1.0AN, euycr sgrfles t ~ 8t clo!.i:'ld. M ~ ting CI d..d of trust 0 n'~r19"9f,: 0 r~al cs.::ate contract a:'\/j iO 20 pay ~he baler.e.:@ af thQ PlJteMse price ill cash. indudi ",O~, at of , Seller o:uat'antl!l~s that :such obligation i$ aJ.lII'umable provided u,,,t 21 euyer o:o:'\\~i1e$ with and agrees tc abce gy a~y requir Q dltlonl; ley th.go helder of the obligation to be .l:\SSlJmed. $~t1er undef'$tanl:ls 2~ t:'a~ when 3. loan is "as!;'l!med",~ tM Sel/errer'r'llil1s !:able .~I'r 4f1,ails to do Ag, The 3SSUl'l'\6l'j lOin Q i:; a It not anadjusm:::ie 2~ ri'i:~ f'nort~ag~ (A.~M). The mCl'\tl'lty cayman!:. ~uld in 0 Ie' ~cd teen is an MM. The 3s",umed IO.an haG _ principe( baI3l'l'. 2+1 of ::!pproxim.{~ly S .,nd is "a~ t lments of A,Opro)dmately $ inc:1udklg intl!l"8sl: at 25 % p9r .nhurn ~mpute<l on t~ft d!mi"ishinq I'"t'l.ci b af\d incfudil'\g 0 !'eat estate laXQ5. n nB%$rd in$U~3"ee. SeltcrauthClrizs:s 26 d.,.s1M9 39.,,1 to pay tiny d9H-"'lqu;.n: ~3ymE!nt~ from money due Ie at time of 01051"'9_ 27 o SE\.L.IR WRAP of EXISTING; l..OAN. BUy~r agre:es tc pay clown indudll"lg the earr-.I!:;t f:10ntYI ~t closhi9 anfJ the balancEi' 2/S 10 Sillier in r."lonthly il'\sta({mE!r'<t~ 01 S . e more sf Buyer'" ~li'tiM, jneJlJd;,,~ interlliil::ilst. -4 per l:Innvm computed 29 on !he dimlnishl/'lg principal b\!llances, .:cmlTl!ndng 03 oav!; following e!oeing Q , Tho tr.<9f"'l u.npaid priru;;:ipal bataf'lct sa sh~if aecl'IJe inferes( a( the ':!~<a'..lt rate of __ ('8~ If not filled in) {JCf annum after maturity or fi\iluft to C'ay any paymClnt anq acceleration 31 .at tt\t o;tion of Stiller. 1="rom the psym~nt$ by Buyert Sen~,.. Sciletwill P3y'th~ monthly pa)in'lol\b of $ Iju~ on an e.xlsti,,~ 32- loan by {tho Jondor) ha.tln9 3n approxlm~tQ prr....nt pri"e;lpal balance of & with 33 inh~f"@!i1 at D/., !)8r !inf'lum eompyted!;ln e dlmil'li:l'\ltl9 principal bitlsn.c:aa and seet.:lred by 'he properly. Such batan-=- I"C':lTlains the obt:~.tiOf\ 34 of~. SeHer and Seller a.Qr@o.~ ~o pay $ud'1 ootig 'on in 8ewrdancewitn Its: tonne and conditions, Buyer shall havo thllt right to remedy a.ny default on 35 the ~nder1yi;";; Obligation. pro....ided e''':Y9:r;~ no n defu'JII to the senet'o A~4 aU wma'so oe'cf s,",a" be credited to Buyer's payments to 3dl.!. 8\,:ytn and 36 S~!ler agree to sign, at ctcci,,~. '1!S form 0 al "t.attl contract a ",eta and d@:ed of tru5t. attached hereto. 37 C PAYMENTS TO COLLJiOeTJON ACCOU . The above payments ore !o be m:,de I\) a ~1ract: colllllCtlon sc<::ount a\ JB ank. Branch, 10 bl!!! ~t~hn$;h'!d 31'\d p~td for by ~9 Buyerond Seller eaually, AO o CRsc:srr RePORT'CONTfNGENCY Tni$ A9retment Is sUbject 10 SclJcr's approvel of BL!yer'.:l ~>Qdit l'epon. wt'll~h :!:pproval $toall not be vnfetlsQ/l.olbly 41 -.vith".,!d, Buyer agl"lalJs to order::! ~ oit report and deliver ,aid cre<flttl!:port10 SeUerYlltkin days {7 dayS If "01 filled in) of mutual acceptance 42 Of r!"!is. Agreement Un1e,s Seller, Ives wrillet: nOI;ce 10 Buyet of Sel!eI~ dl!o.pproval of Suyer's c!"ed:t !'t~1't within days (2 daY3 if I'\ot flUec 43 ;n) cf r~cei\=l! 01 er@d'lf r~PQl"t thO t;:~!"'.tingency s~al\ b. deemed satblietJ and will no IOr\e:el" be 8 p8rt of this AQreemef'lt. 44. 1 ("Seller") 2 ('Suye" 3 (",he Property') , ~ ~ INlTIAl.S: 9\.'YS~ eU""~R: 1Sq OATE 'J~;'E~:_hel'Qw C:Jpy S~I..I..EA SELLe~ ~3 CONSENT OF f"lOLDl!ft OF UN ERL Y1NG OBuaA"tION. 'Thi5Alfr~em.entis s,ubjcet to thewrllUlf'l eOn*ent otth(t holder ofthe undertYlng oblig.3.tiol'l withit'l 45- days (10 davs if l filled In) cf the d.ite Qf(hi: Agreement. If suc,"l eonscnt;s wilhheJd. thi$ Agr.ement ~hal\ be- null and vcld, ~l'1d the 4!:arl1e".S~ 46 monl!!!V retu:~!!Q ~o Buyer, 47 OAT!!: '9_ OAf! 19 _ OA.TE ,,_ 49 GOU)-Purt....."lI!wt eoO'( '."I-lI"~Il.I"'".lQil"I'.Cll.Y CAN""~__'1"'''_'~ ~ t__, ;tlN~lIv.C()P'I ( NWMLS I-orm No. nc Payment Terms Addendum Rev. 1194 <QCopyrighl1996 Northwest Multiple Listing S<'IY'("' All RIGHTS RESERVED PAYMENT TERMS ADDENDUM TO PURCHASE AND SALE AGREEMENT The following is part of the Purchase and Sale Agreement dated between , {! I 'T"Y tI F f1:1IT?'hPY7 '?IPU and n I-t..-I'f AJ J:1 V>>1 i'Yj concerning: /" ')5 c",~~ /~-10 ,1g0,7 ("Seller") ;,: ("Buyer") 3 ("the Property"}. 4 METHOD OF PAYMENT (Check and complete each applicable paragraph). o REAL ESTATE CONTRACT or ~EED OF TRUST TO SELLER. Buyer agrees to pay $ ~. h down, including earnest money. 6 at closing and the balance in monthly installments to Seller of $ I '7 c:;- uP , or more at Buyer's option, including interest from the date 7 of closing at " % per annum computed on the diminishing principal balances, on or before the I ~ day of each month commencing 3 o 30 days following closing of this sale 0 . Any unpaid principal balance shall accrue interest at the default rate 9 of III % (18% if not filled in) per annum after maturity or failure to pay any payment and acceleration at the option of Seller. The first 1 G payment shaH be adjusted to include any interest accrued. If Seller, or Seller's collection agent. receives any monthly payment more than ~ days i 1 after its due date, then a late payment charge of $ S-- (5% of monthly payment if not filled in). shall be added to that month's normal 12 payment. Buyer and Seller agree to sign, at closing, the form of real estate contract or note and deed of trust (as checked above) which must !:' be attached hereto. If a Deed of Trust is used, it is agreed that the following shall be added to the Deed of Trust granted to Seller: UThis property 14 may not be sold, transferred or further encumbered. Breach of this provision will result in all sums secured by this Deed of Trust becoming 15 immediately due and payable." It is further agreed that Buyer will pay real estate taxes and hazard insurance as due, and that Buyerwill provide ~ci Seller with evidence of those payments. No optional clauses in the attached form LPB~44 real estate contract shall apply unless each is initialed J (' by bath parties. 18 )Ctash Out. The entire principal balance shall be due and payable ~ years from the date of closing or on , 19 _ !.J CASH DOWN TO EXISTING LOAN. Buyer agrees to assume, at closing, an existing a deed of trust 0 mortgage Q real estate contract and tc ,-,' pay the balance of the purchase price in cash, including earnest money, at closing. Seller guarantees that such obligation is assumable provided thai '2 ~ Buyer complies with and agrees to abide by any requirements or conditions imposed by the holder of the obligation to be assumed. Seller understands 22 that when a loan is "assumed," the Seller remains liable to pay the lender if the Buyer fails to do so. The assumed loan 0 is CJ is not an adjustable 22 rate mortgage (ARM). The monthly payments could increase or decrease if the assumed loan is an ARM. The assumed loan has a principal balance 2'~ of approximately S and is payable in monthly installments of approximately $ including interest at 25 % per annum computed on the diminishing principal balances, and including 0 real estate taxes 0 hazard insurance. Seller <luthorizes 2€ dosing agent to pay any delinquent payments from money due Seller at time of closing. 5 1 ~:' '1''' " o SELLER WRAP OF EXISTING LOAN. Buyer agrees to pay $ down including the earnest money, at closing and the balance 28 to Seller in monthly installments of S , or more at Buyer's option. including interest at % per annum computed 29 on the diminishing principal balances. commencing 0 30 days foHowing closing 0 . The then unpaid principal balance 30 shall accrue interest at the default rate of % (18% if not filled in) per annum after maturity or failure to pay any payment and acceleration 3' at the option of Seller. From the payments by Buyer to Seller, Seller will pay the monthly payments of $ due on an existing 3:2 loan by (the lender) having an approximate present principal balance of $ with ::2 Interest at % per annum computed on the diminishing principal balances and secured by the property. Such balance remains the obligaticn ~~4 of the SeUer and Seller agrees to pay such obligation in accordance with its terms and conditions. Buyer shall have the right to remedy any default on 3!S the underlying obligation, provided Buyer is not in default to the Seller, and aU sums so paid shall be credited to Buyer's payments to Seller. Buyer and 36 SeUer agree to sign, at closing, the form 0 real estate contract CJ note and deed of trust, attached hereto. 31' o PAYMENTS TO COLLECTION ACCOUNT. The above payments are to be made to a contract coiiection account at 33 Bank, Branch, to be established and paid far by ,)C' 04.(1 Buyer and Seller equally. I,] CREDIT REPORT CONTINGENCY. This Agreement is subject to Seller's approval of Buyer's credit report, which approval shall not be unreasonabl'/ .:1.: withheld. Buyer agrees to order a credit report and deliver said credit report to Seller within days (7 days ifnot filled in) of mutual acceptance of this Agreement. Unless Seller gives written notice to Buyer of Seller's disapproval of Buyer's credit report within days (2 days if not fiBer.! ..., In) of receipt of credit report, this contingency shall be deemed satisfied and will no longer be a part of this Agreement. l,~ CONSENT OF HOLDER OF UNDERLYING OBLIGATION. This Agreement is subject to the written consent of the holder of the underlying obligation within .~5 days (10 days if not filled in) of the date of this Agreement. !f such consent is withheld. this Agreement shall be null and void, and the earnest .1~' money returned to Buyer. J. -,.' ~ INITIALS BUYER 9k7i: BUYER SELLER ..:1.:/ ff /f\ / SELLER -13 DATE 19 DATE 19 19 '.1-',i '!/HITt-:-Selling Agent's Copy GREEN-Escrow Copy CANARY-Purchase, GOLD-Purchaser'S 1st em)'; ( ( httpJ/www.nwmls.COrnlwebaccesslreportslrpt_expand.cfm?Rcport...Ful Expanded Listing Rc;x)fts h Menu q il plck:1 I: Full:1 I:Summaryll IfComp 11 If'Br1en[ II Tax il Ii Clen! II RESIDENTIAL ----- =: = ------ ------ ==:::=== = - - = = = = = = ====== <<< L- 25,000 S- OMO: MT: AD 1653 COTTMAN OCC: OSR: OWN:BREMERTON CI OAD: SOC: 3.0 BLD: 01:1:# AR; 148 M:33 G:A2 POS:Closing B 1 2 TERMS:C/O, Cnv, Fha, ENTRY: R/O: N FLRS:Other LIV: O/W: N WOW CV: DIN: G/D: N ROOF:Other LNDR: KITCH: PVDST: EXT: Other LN# EX FR: UFI: WTRHTR: TYPE:FREE&C BORMS: SDWK: HEAT:Othr BAL$ 0 F/8TH: GR: E LEASED: INT% 0,000 3/4: SEP: VIEW: Sound PMT$ 1/2: SEWCN:N BUS; TAX$ 376 UTIL: WIT: N WTRDIST: SCHOOL DIST: FAM: 8CHRT: N HO DUES: 0 SRHI ; REC: POOL: N LT SIZE: JRHI: FPL: CBLAV: APX SF: 0 ELEM: Loxie Eagans To Oyster 8ay Ave To Cottman To End. This Home Does Not Exist (anymore) It Was A ~b./1ba But Has Since Been Demolished, 8u.nt, Caved In Or Something!! Supposedly There Is A Foundation, Utilities, Septic In Place And May Not Be A Bad STY: GAR: 0 AGE:O BSM: p.ice For Almost A 1/2 Acre With ACTV BR: o 148 FIN: 98312 COU:KIT PRJ: BTH: 0.00 >>> MLS# 55123440 LT: CIT:8RM PTS: OPH:360-478-2328 9844 360-377-0046 KEY: REP:WAYNE ELLIS Dot TAX# 45460100010001 LISTDATE:07/24/97 T&I YR: f Amortization Table for Allan Humm Page 1 Prepared by: Bob Guardino Windefmere Real Estate 9939 MickelbeffY Road Loan amount $22,500,00 Interest Amort, period Tenn in Payment rate 6,00% in years 30,00 years 3 amount $134,90 Start date Feb 1,1998 Payment frequency Monthly Compounding frequency Monthly Principal Interest Principal Total paid paid balance interest --L Mar 1, 1998 $22.40 $112,50 $22,477.60 $112.50 2. Apf1, 1998 $22,51 $112,39 $22,455.09 $224.89 3, May 1, 1998 $22,62 $112.28 $22,432.47 $337.16 4. Jun1,1998 $22,74 $112.16 $22,409,73 $449.33 ---s:- Jul 1, 1998 $22,85 $112.05 $22,386,88 $561,37 6, 'Aug 1, 1998 $22.96 $111,93 $22,363,92 $673,31 7. Sep1,1998 $23.08 $111,82 $22,340,84 $785,13 ---s. Oct 1, 1998 $23.19 $111,70 $22,317,64 $896,83 -----g:- Nov 1, 1998 $23.31 $111,59 $22,294,33 $1,008,42 10, Dec1,1998 $23.43 $111.47 $22,270.90 $1,119,89 11, Jan 1,1999 $23.54 $111,35 $22,247,36 $1,231,25 12, Feb1,1999 $23.66 $111.24 $22,223,70 $1 ,342.48 ~"- Mar1,1999 $23,78 $111,12 $22,199,92 $1,453.60 14, APf 1,1999 $23.90 $111.00 $22,176.02 $1,564,60 15, May1,1999 $24.02 $110,88 $22,152.00 $1,675.48 ~ Jun 1, 1999 $24,14 $110,76 $22,127,86 $1,786,24 --1.L Jul 1, 1999 $24,26 $110.64 $22,103,60 $1 ,896.88 ~ Aug 1, 1999 $24,38 $110.52 $22,079,22 $2,007,40 ~ Sep 1, 1999 $24.50 $110,40 $22,054,72 $2,117.80 20, Oct 1,1999 $24,63 $110,27 $22,030,09 $2,228.07 ~"-- Nov 1, 1999 $24,75 $110,15 $22,005,34 $2,338.22 ~ Dec1,1999 $24,87 $110,03 $21,980.47 $2,448,25 ~ Jan1,2000 $25.00 $109,90 $21,955.47 $2,558,15 ~_ Feb1,2000 $25,12 $109,78 $21,930,35 $2,667.93 ~~ Maf 1, 2000 $25,25 $109,65 $21,905,11 $2,777,58 ~'- _,",pr 1, 2000 $25,37 $109,53 $21,879.73 $2,887,10 ----'!,L.. _May 1 , 2000 $25,50 $109.40 $21 ,854,23 $2,996,50 ~ Jun 1, 2000 $25.63 $109.27 $21,828.60 $3,105,77 29, Jul1,2000 $25,76 $109,14 $21,802,85 $3,21492 30,- Aug 1,2000 $25.88 $109.01 $21,776,96 $3,323,93 _~.L ~ep 1 , 2000 $26.01 $108,88 $21,750,95 $3,432,82 _ 32,,_ Oct 1 , 2000 $26,14 $108,75 $21,724,81 $3,541,57 _.:J,:L Nov 1 , 2000 $26.27 $108.62 $21,698,53 $3,650,19 ~4" Dee 1, 2000 $26.41 $108,49 $21,672.12 $3,758,69 ~~ Jan 1,2001 $26,54 $108,36 $21,645.59 $3,867,05 ~~ Feb 1,2001 $26,67 $108.23 $21,618.91 $3,975.28 Printed on Wednesday, January 07,1998 Information deemed to be reliable, but not guaranteed to be correct. ,- ABEYTA & ASSOCIATES REAL ESTATE BROKERAGE AND CONSULTING SERVICES October 5, 1995 City of Bremerton Public Works and Utilities Attn: Paul R Lucas, Administrative Analyst 3027 Olympus Drive Bremerton, Washington 98310-4799 RECEIVED 'OCT 1 0 1995 RE: Wastewater Treatment Plant Buffer Zone Prnperty Owner: Chuck Hazelwood Property: 4502-021-003-0008 4502-020-028-000 I 4546-010-001-0001 Dept. VI '-UIJU\.o YVUI.\~ d.nu Utilities City of Bremerton Dear Paul: Enclosed, please find the purchase and sale agreement signed by Mr, Hazelwood for the properties listed above, I intended to deliver this contract today, after my 12:00 appoinunent with Mr. Taylor who claims he owns 4316 "D" Street, but he called last night to reschedule, Since my next appoinunent is scheduled for the 12th of October, I have decided to mail this today, I spoke with Jackie today to advise her of these transactions and called Mr, Hazelwood's office for the information Jackie requested. Pursuant to my telephone conversation with his property manager, the following information applies: Outstanding mortgages or liens: None Vacancy status: 4339 "G" Street: Currently rented to Dennis Cookson, Lives with has girlfriend and two toddlers. Not sure on rental fee. Believes it may be $300 or $400. However, renter has not paid any rent Signed rental agreement does not exist, Last phone number of record is 1-360-405-0767, He is an employee of Chuck Hazelwood. "GO St Vacant Lot: None 1653 Cottman Ave: Vacant as of 9/15/95. Previous tenant was evicted and are in the process of removing abandoned cars on premises, Please be kind enough to refer this information to Jackie Cronk, Should you have any questions concerning this maller, please feel free to contact me at I (206) 467-7574, M. Abeyta ABEYTA & ASSOCIATES ABEYTA & ASSOCIATES 1001 FOURTH AVENUE.PLAZA, SUITE 3200. SEATTLE, WASHlNG10N 98154, OFF1CE: (206) 467-7574, FAX: (206) 932-6468