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HomeMy WebLinkAboutLOTS 4,5 BLK 4 ~UI? CLAI;~ The CITY OF Bi i;'.~( :HTO;'~, a municipal corpor~tlon of th~ state of Was!,lm~ton~ ~'rantor, lr~ conslde~atton of' th~ sum of Twc Thousand ~:~ve J~undrod a~d T;'Ift~ (~2550,00) bo~la~s to It fn hand paid, conveys and cu~t cl~ims unto TB O. B. ~YLSTAD, husb[~md of tsabell H~lstad, all of its r~ht, title an~: Interest In and under the fc, llowin~ described r,~al property in Hitsap ,~o nty, State of ~,'ashlngton, to-wit: Lots 4 and 5, Oloc~ 4; ~ts 4 ~d 5, Block 6; Lots 1, 2 ~nd V, block 7~ Lots I and 2, Block ~ ~t 3, ~look 10~ ~v~ ~a~ Add~tlOn Tr~cyto:;; and the ~ of the N"'~ of Section 2, To.ship 24 ~ort~, ~mi~e 1, This convey~ce Is made pursuant to Resolution of the City Co.oil, City of B~emerton. dated ~ay 31, ~949, and a contrect for ~e male of real estaLe executed b~ the parties and also dated Eay 31, 1~49. IN Wt'~MES'~ W~EE~()F' She City of ~tr~merton has caused these presents to be executed by its duly ~thortzed officers this 51st ~y of ~ay, 1~49. CiTY O? BRZ~RTON a municipal corporation AT?EST: ~ · H ~ T · ~c~>~AN , , ' ~'t'~ Clerk STA~E OF WASHINGTON ] Count~ of KXtsap~as' ~n this ~stday of ~a~, 194~, before me peraonall~ appea~d L. "H~'~ K~n a~d ~.~i.T.~c~w~n, to me ~own to be the ,,~or city Clerk of the co~oratlor; that executed the Corego~ng ~n- st~ent, ~ d ackmowledged said tnet~ment to be the free and voluntary act and deed ors aid co~poratlon, for the uses ~d pur- poses therein mentioned, and on oath stated that they are auth- orized to execute said Instrument and that the seal ~fflxed tbs corporate s~al cC said corporation. Given ~der ~ hand and official seal ~e day and year last above written. NOta~ ~Ublic In and for the State of Mashin~to~ , res~dinf~ at Bremer ton. T~!T~ ~,R., :',L~, ~ade and entered l~:~tc th~s __ day of June, 1949, betw~,en the City o~ ~:r,:m ~r~*n, ~ m~antul?al corporation of the ~ta*:~ of ~shin~zton~ seller, a~:d ';~.~[:. ~. HILST/~3,husban~ o? ~aabell Hilstad~ ~:urcha~er, That the seller arees ~o ~ell to the ~urchaser and the pur- chaser a~rees to ~urchase of the seller t~e follow~n~ real estate, eituate tn the C~nt2 of Klts~, Lots 4 and :~, ~lock 4; Lots 4 and L~ts 1, 2 and 7, ~lock 7; ~ts 1 and 2, Ltock 9; ~t ~, i~loc~ 10, ~av2 Yard Add~t~,o~% to Tracyton; ~{nd the 7~o~ship 24 ~ort~, }{an~e 1, ~'~ '[~he gems and conditlcns o.t~ tk~ls oontract are a~ follows: i~he purchase ~orlce is Two ~housand }~lve ~undred a:'~d ?ifty '~ollars, o' which One '~h(:usand Dollars (1000.00) has been ?aid,the rece~t ~ereof ts hereby ~c~{nowledi~ed, ~d t e balance of said pur- chase [~;~Ice s!~all be pa~d ~ follows: ~T25.()0 or ~,~ore, plus interest on ~:he first day of July, 1~49, arid ~20.00 or more, ~lu~ interest monthly Chereafter until the entire p~rcha~e ~.~ p~_~ce and i~terest ther~n have been ~)aid. The purchaser ~urther a:rees to pay interem~ on unpaid balances of the purchase ~rice at the ~te of 6% per ~n~. The puc'chad{er is ~titled to taxa ~)o~ession of said praises on ~:his da~e, but shall re~,ove none of the stand~n~ timber from said p~miaes until the entire purchase ?rice has been paid. The purchaser a~rees to pay before (]elinquenc2 ali taxes and as~ess~ents t~at n~ay as betw an ~<rantor ~:d ~rantee hereafter become a l~en o~ sa~d premises. Tl~e ~u?ch~{ner assumes al1 hazards of da~a~;e to o, destruction of any ~?ovem~nts no~ on said land or hereafter to be laced tl~ereon, ~:~,:~ o~' the takir~ of said ~)~'emises or any part thereo~ for [)ublic In case t}e purchaser s~all ~'ail to make any p~ment hereln- borer* i.>rovided by t?~ purc~aser to be made, the seller ma2 ma~e suc~ pa~ent ~d any ~o~t so paid b2 the se~ler, to,ether with interest thereon from da~e of payment ~tfl red, aid at the rate of ten (10) per cent per ann~, shall be repayable b~ the purchaser on dema~, all without prejudice to any other ri~t the seller m~ht have by reason o~* such default. T~e purchaser a~Q~e, that~ f~l inspection of said described premises has been m~de a:~d tha'c neither t~e sel~ r nor asat~a shall be held to any covenant reapectin~ the condlt~ on o~ any i~provements on said premises nor to an2 a~reement for alte~atlona, improvements or repairs. ~leas the covenant or agreement relied on be in w~ ting ~d attached to and made a part of this con~ract. The ~ler ag~a, on ~u~l payment of said purchase ~r~ce in maker h~*einbefore specified, to m~e. execS, and deliver to the purchaser a ~ood and sufficient quit claim deed of a aid des- cribed p~m~sea. Time la of the essence of this contract, ~n case t~*~e purchaser shall fail to m~e ~y payment of the said purcY~ese price promptly at ~e t [~e the same ahal2 fall due as hereinbefore specified, or p~omp~ly to per*'~rm an~ covenant or aEr~*ment aforesaid, the seller may elect to dec. re forfeltur* and cancellation of this contact ~d upon such election bein~ made all ri~ts of the pu~haser he~e~der shall cea~e ~d dete~ne and an~ p~menta thereto fore ~de hero.der by ~e purchaser shall be retained b~ the seller l~ l~qu~da~ion cf all d~ges sustained b~ reason of such failure. So. ice of all dem~da, notices or other p~era ~th ~apect to auc~ declaration of forfeiture and cancellation may be made b~ registered ma~l at the following address, to-wit: ~ilve,~dale, ~'a9hin~t on or at $~ch other add, ream as the purc~aser will lndic~ e in wrlt~ng to ~he seller. Or the seller may el~ct to br~n~ action, or actions, -2- on any lnte~edia~e overdue installment, or on any p~ment, or payments, made by the seller and repayable by the purcha~r, it being stipulated that t~e coronet t~ pay inte~edl~e ~stall- merits or to pay items ~pm~able by the purcheser, ~e independent of the coven~t to make a deed ~d that every such action Is an action arls~ on contract for the recow~r2 of ~ney only, as if the p~mise to pay had been expressed In a different tr, st~ment, and that no such action shall constitute an elect~on not to p~- coed otherwise as to ~y subsequent default, and no waiver by the seller of ~2 defa~t on thepart of the purcha~er shall be conat~ed as ~ waiver of any subsequent defa~it. I~ ~IT~ESS ~HER~OF, ~e parties hereto have execute~ this in- at~ent in duplicate the day and yea:. first he~.ein ~itten. CiTY OF BREM~RTON a muntclpal corporation By. L."HUM'~ K~A~, Mayor O~ B. H~LSTAD ~.~.T.NcGO~AN, ~t2 lerk STAT:~ 0~ ~ASHINGTON) County of Kitsap )ss. On this day of June, 194~, before me p~raonally appeared L. "~um' Kea~-~nd ,~.H.T.McGOean, to me kno~ to be the ~ayor and City Cler~ of the corporate, on that execu%ed the foregoin~ in- st~ent, and acknowledged said inatr~ent to be the free and volunta~ act ~d deed of a aid cor~rat~on, for ~e uses and pur- poses t~e~'ein mentioned, ~d on oath stated that ~ey are auth- orized to execute aa~d imat~ent ~d that the seal affixed is the corporate seal of said corpo~.a~lon. ~iven ~der m2 h~nd a~ official seal the day ~d year last above written. Neta~ public "~'n and for the Sta~e of WaahlnE~n, restd~n~; at Breme rton. -3-