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HomeMy WebLinkAboutD 5157562 ' 515'7562 f • C' -�VOLt l c)e� FAGF. S W M - - _ ''( ad r j J, I A 035 ,, -Deeds ✓ `�' - 15b-. . ril z Cv 07 p 0 .-4.- J s 1 D1414 4 i. Ala J L9 j •i NUJ x f0yy° N 3 ; l( a j iia/iLr•syi2d-tetYrjI{, r � iJ,..PUiY s '" r .d f� _aH , A ft 2. ) \ ccvn $ - L s � FORM L.S$ Statutory Warranty Deed THEGRANTORs FRANCIS J. BRIERE and iy'iARCELANE S . BRIERE, his wife 1 for and in consideration of r ;'j 0 1O US AND a no No/i 00 ( 2 , 000. 00 ) Dollars in hand paid, conveys and warrants to C ITY OF .E N T ON a municipal corporation the following described real estate, situated in the County of Ki ng , State of Washington: ,� „'est 150. 50 feet of the east 1£30. 50 feet of the north half '� 5 2 hof the north half of the north half of the southwest quarter z, of the northwest quarter of section 3, township 23 north r ;_, . range 5 east , `.lr. �l. , in Xing County , Washington : TOGETHER with easement for road and utility purposes over the following : South 30 feet of the north half of the north half of the north half of the southwest quarter of the north- west quarter of said section and the north 30 feet of the south ..,t. half of the north half of the north half of the southwest quarter of the northwest quarter of said section. By t'Ais reference there is incorporated herein that instrument entitled Permit and Option to purchase, executed October 26 , 1959p between the parties hereto and one Lowell C. Weinberg and Alegria E. ll'einberg , his wife , under which the City of Renton was given an option to purchase the above described land on certain terms as set forth in paragraph 3 of said instrument , and the City of "enton hereby acknowledges said terms and agrees to perform the undertakings which according to para- graph 3 of the referred to instrument the city agreed to perform upon !!DOCUMENTARY , consumation of such option and purchase of said property. i't' a .'",\' ` * and the instrument dated April 29, 1960 ,i F 1,1 I��ENT5,�O;I ! Dated this day of April , 1960. It x4r° "°�� - � y � ' �' fel �t , ,j 4. i -c-t:A..< _(sEAL) :�;4_ o r I.3 l 1'iisSIH1w°' '° 1( c i 1�~5'I' �- - f� 1 J SEAL) �'N) ar_ n STATE OF WASHINGTON, County of Kin g 4n tbis day personally appeared before me Francis J. Br i e r e and \1 a r c e 1 a n e S. Br i e r e �iaL; r� te,,ticf7 rk n to' be the individuals described in and who executed the within and foregoing instrument, and z.c le'd Ghat: they signed the same as t n e i r free and voluntary act and deed, for the t . • '„'use 'axulpurpbse�,tiherein mentioned. `:.a',t'' " t'IrqWynder:my hand and official seal this _) c. day of April , 1960. '%''',`,,,-.411r4..'.:•,� °' '�,.s , ? F• �1i�J ,J ',Nt,„„.•''` Notary Public in and for the State of Washington, residing at Renton. .. _ rur�ca. SCHEDULE A NO. B-615839 AMOUNT $ 2000.00 DATE May 3, 1960 at 8:30 a.m. PREMIUM$ 27.00 1. INSURED City of Renton, a municipal corporation. 2. TITLE TO THE ESTATE, LIEN OR INTEREST INSURED BY THIS POLICY IS VESTED IN The named insured. 3. ESTATE, LIEN OR INTEREST INSURED Fee simple estate. 4. DESCRIPTION OF THE REAL ESTATE WITH RESPECT TO WHICH THIS POLICY IS ISSUED West 150.50 feet of the east 180.50 feet of the north half of the north half of the north half of the southwest quarter of the northwest quarter of section 3, township 23 north, range 5 east, W. M., in King County, Washington; TOGETHER with easement for road and utility purposes over the following: South 30 feet of the north half of the north half of the north half of the southwest quarter of the northwest quarter of said section and the north 30 feet of the south half of the north half of the north half of the southwest quarter of the northwest quarter of said section. SCHEDULE B DEFECTS, LIENS, ENCUMBRANCES AND OTHER MATTERS AGAINST WHICH THE COMPANY. DOES NOT INSURE SPECIAL EXCEPTIONS WASHINGTON LAND TITLE ASSOCIATION STANDARD FORM POLICY OF TITLE INSURANCE WASHINGTON TIT!, -I INSURANCE COMPANY 719 Second Avenue Seattle 4, Washington hereinafter called the Company, a Washington corporation, for valuable considera- tion, and subject to the conditions and stipulations of this policy, does hereby insure the person or persons named in item 1 of Schedule. A, together with the persons and corporations included in the definition of "the insured" as set forth in the conditions and stipulations, against loss or damage sustained by reason of: 1. Title to the estate, lien or interest defined in items 3 and 4 of Schedule A being vested, at the date hereof, otherwise than as stated in item 2 of Schedule A; or _ 2. Any defect in, or lien or encumbrance on, said title existing at the date here- of, not shown in Schedule B; or 3. Any defect in the execution of any instrument shown in item 3 of Schedule A, or priority, at the date hereof, over any such instrument, of any lien or en- cumbrance not shown in Schedule B; provided, however, the Company shall not be liable for any loss, damage or expense resulting from the refusal of any person to enter into, or perform, any contract respecting the estate, lien or interest insured. The total liability is limited to the amount shown in Schedule A, exclusive of costs incurred by the Company as an incident to defense or settlement of claims here- under. In witness whereof, WASHINGTON TITLE INSURANCE COMPANY has caused this policy to be authenticated by the facsimile signature of its President, but this policy is.. not valid unless attested by the Secretary or an Assistant Secretary. WASHINGTON TITLE INSU I"LANOE COMPANY By AA A. President Attest: ! 11 Assistant Secreta4y 1 -L.. Basement for road and utility purposes over the south 30 feet of said premises and other property, as granted by instrument recorded.Jan uary 13, 1960, under auditor's file No. 5120885. GENERAL EXCEPTIONS 1. Encroachments or questions of location,boundary and area,which an accurate survey may disclose; public or private easements not disclosed by the public records; rights or claims of persons in possession, or claiming to be in possession,not disclosed by the public records; material or labor liens or liens under the Workmen's Compensation Act not disclosed by the public records; water rights or matters relating thereto; any service, installation or construction charges for sewer, water or electricity. 2. Exceptions and reservations in United States Patents; right of use, control or regulation by the United States of America in the exercise of powers over navigation; limitation by law or governmental regulation with respect to subdivision, use, enjoyment or occupancy; defects, liens, encumbrances, or other matters created or suffered by the insured; rights or claims based upon instruments or upon facts not disclosed by the public records but of which rights, claims, instruments or facts the insured has knowledge. 3. General taxes not now payable; matters relating to special assessments and special levies,if any,preceding the same becom- ing a lien. (End of Schedule B) R.1 CONDITIONS AND STIPULATIONS 1. The Company shall have the right to, and will, at its own expense, defend the insured with respect to all demands and legal proceedings founded upon a claim of title, encumbrance or defect which existed or is claimed to have existed prior to the date hereof and is not set forth or excepted herein; reserving, however, the option at any time of settling the claim or paying the amount of this policy in full. In case any such demand shall be asserted or any such legal proceedings shall be instituted the in- sured shall at once give notice thereof in writing to the Company at its home office and, if the insured is a party to such legal proceedings, secure to the Company, within ten days after service of first process upon the insured, the right to defend such legal proceedings in the name of the insured so far as necessary to protect the insured, and the insured shall render all reasonable assistance in such defense. If such notice shall not be given, or the right to defend secured, as above provided, then all liability of the Company with regard to the subject matter of such demand or legal proceedings, and any expense incident thereto, shall terminate; provided, however, that failure to give such notice shall in no case prejudice the claim of the insured unless the Com- pany shall be actually prejudiced by such failure and then only to the extent of such prejudice. 2. In the event of final judicial determination by a court of competent jurisdiction, under which the estate, lien or interest in- sured is defeated or impaired by reason of any adverse interest, lien or encumbrance not set forth or excepted herein, claim may be made as herein provided. A statement in writing of any loss or damage, for which it is claimed the Company is liable, shall be furnished to the Company at its home office within sixty days after such loss or damage shall have been ascertained. No right of action shall accrue with respect thereto until thirty days after such statement shall have been furnished and no recovery shall be had unless an action shall have been commenced thereon within one year after the expiration of said thirty days. Any rights or defenses of the Company against a named insured shall be equally available against any person or corporation who shall become an insured hereunder as successor of such named insured. 3. The Company may at any time pay this policy in full, whereupon all liability of the Company shall terminate. Every pay- ment made by the Company, exclusive of costs incurred by the Company as an incident to defense or settlement of claims hereunder, shall reduce the liability of the Company by the amount paid. The liability of the Company shall in no case exceed the actual loss of the insured and costs which the Company is obligated to pay. When the Company shall have paid a claim here- under it shall be subrogated to all rights and remedies which the insured may have against any person or property with respect to such claim, or would have if this policy had not been issued, and the insured shall transfer all such rights to the Company. If the payment made by the Company does not cover the loss of the insured, such subrogation shall be proportionate. Whenever the Company shall be obligated to pay a claim under the terms of this policy by reason of a defect in the title to a portion of the area described herein, liability shall be limited to the proportion of the face amount of this policy which the value of the defective portion bears to the value of the whole at the time of the discovery of the defect, unless liability is otherwise specifi- cally segregated herein. If this policy insures the lien of a mortgage, and claim is made hereunder, the Company may pay the entire indebtedness and thereupon the insured shall assign to the Company the mortgage and the indebtedness secured thereby, with all instruments evidencing or securing the same, and shall convey to the Company any property acquired in full or partial satisfaction of the indebtedness, and all liability of the Company shall thereupon terminate. If a policy insuring the lien of a mortgage is issued simultaneously with this policy and for simultaneous issue premium as provided in rate schedule, any payment by the Company on said mortgage policy with respect to the real estate described in Schedule A hereof shall reduce pro tanto the liability under this policy. All actions or proceedings against the Company must be based on the provisions of this policy. Any other action or actions or rights of action that the insured may have or may bring against the Company with respect to serv- ices rendered in connection with the issuance of this policy, are merged herein and shall be enforceable only under the terms,condi- tions and limitations of this policy. 4. The following terms when used in this policy mean: (a) "named insured": the persons and corporations named as insured in Schedule A of this policy; (b) "the insured": such named insured together with (1) each successor in ownership of any in- debtedness secured by any mortgage shown in Item 3 of Schedule A, (2) any owner or successor in ownership of any such indebt- edness who acquires title to the real estate described in Item 4 of Schedule A, or any part thereof,by lawful means in satisfaction of said indebtedness or any part thereof, (3) any governmental agency or instrumentality which insures or guarantees said indebtedness or any part thereof, and (4) any person or corporation deriving an estate or interest in said real estate as an heir or devisee of a named insured or by reason of the dissolution, merger, or consolidation of a corporate named insured; (c) "date hereof": the exact day, hour and minute specified in Schedule A; (d) "public records": records which, under the recording laws, impart constructive notice with respect to said real estate; (e) "home office": the office of the Company at the address shown herein. 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