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Home My WebLink AboutD 5574335 • Ci May 6, 1963 Northern Pacific Railway Company 919 Smith Tower Seattle, Washington Attentions Mr. R. D. Larson, Asst. I dustrial Agent Gentlemen: This is to advise that we are in receipt of partial release of mortgage affecting the Burnett Street property that the City recently purchased from the Northern Pacific Railway Company which has been recorded on April 24, 1963 under Auditor' s No. 5574335, Volume 4632, Page 476, records of King County, Washington. Yours very truly, CITY OF RENTON Melmie W. Nelson, City Clerk RWN/dm �'�X F 3' . . 35 ATHIS INDENTURE made this ' 1 day of 19 6 by and between BANKERS TRUST COMPANY, a corporation organized under the laws of the State of New York, as trustee, party of the first part, FIRST NATIONAL CITY BANK (successor by merger to First National City Trust Company), a national banking association, as trustee, party of the second part, MORGAN GUARAN `Y TRUST COMPANY OF NEW YORK (formerly Guaranty Trust Company of New—York), a corpo- ration organized under the laws of the State of New York, as trustee, party of the third part, and NORTHERN PACIFIC RAILWAY COMPANY, a corporation organized under the laws of the State of Wisconsin, party of the fourth part, WITNESSETH: WHEREAS, the land hereinafter described is subject to the lien of those certain mortgages made by the Northern Pacific Rail- way Company, as follows: 1. To The Mercantile Trust Company, Trustee, dated November 10, 1896, of which mortgage Bankers Trust Company, party of the first part, is successor trustee, known as the Prior Lien Mortgage of Northern Pacific Railway Company. 2. To The Farmers ' Loan and Trust Company, Trustee, dated November 10, 1896, of which mortgage First National City Bank, party of the second part, is trustee, known as the General Lien Mortgage of Northern Pacific Railway Company. On June 29, 1929, The Farmers ' Loan and Trust Company, a New York corporation, became known as City Bank Farmers Trust Company, and at the close of busi- ness on January 30, 1959, said corporation was converted into a n. -tonal banking association under the title "First National City /7j ,rP'ust Company," Said First National City Trust Company was subsequently �/ ierged with First National City Bank, a national banking association . 3. To Guaranty Trust Company of New York and William S. cam` od, Trustees, dated July 1, 1914, known as the Refunding and Improvement Mortgage of Northern Pacific Railway Company. William S. Tod, Trustee, died on the 23rd day of March, 1924, and by virtue of the terms of said mortgage, Guaranty Trust Company of New York became the sole trustee of said Refunding and Improvement Mortgage. On April 24, 1959, the corporate name of said Guaranty Trust Company of New York was changed to Morgan Guaranty Trust Company of New York, party of the third part. WHEREAS, said mortgages were filed for record in the office' of the County Auditor of King County State of Washington , as a real estate mortgage, as follows: Mortgage Book Page Prior Lien 137 of Mortgages /1, etc. General_ Ltell 137 of ItOrtgAges.., 92, etc. Refunding and Improvement 654 of Mortgages 225 WHEREAS, Northern Pacific Railway Company, duly and in accordance with the provisions of said three mortgages, has made application to the Trustees thereof for the release of said land from the lien thereof. NOW, THEREFORE, THIS INDENTURE WITNESSETH that Bankers Trust Company, Trustee of said Prior Lien Mortgage, party of the VOL 4 PAGE479 ` first part, First National City Bank, Trustee of said General Lien Le) Mortgage, party of the second part, and Morgan Guaranty Trust Company of New York, Trustee of said Refunding and Improvement Mortgage, party of the third part, in consideration of the sum of One Dollar ($1.00) and other valuable consideration, do hereby r. forever release and discharge from the lien of said mortgages, 11", respectively, all of their respective rights, title and interest, as such trustees, in and to the following described land situate in the City of Renton , County of King and State of Washington , to-wit: That portion of Henry H. Tobin Donation Land Claim No. 37, within Section 18, Township 23 North, Range 5 East, W.M., lying between the south line of Third Avenue West in the City of Renton and the northerly boundary of the right of way of the Pacific Coast R. R. Co. and between lines parallel with and distant respectively 50 feet and 75 feet east, measured at right angles, from the east line of Block 33, Smithers 1st Addition to the Town of Renton, according to the recorded plat thereof. SUBJECT TO Easement to the City of Renton for street purposes dated April 4, 1960 and recorded in Volume 4045 of Deeds, Page 499 in the records of King County. c�a�.4 ., FAGE480 TO HAVE AND TO HOLD said land unto said party of the Ls fourth part, its successors and assigns, free and clear and dis- c; charged of and from all liens and claims under said mortgages. T-.',, The recitals made herein are to be taken only as recitals x' made by the Northern Pacific Railway Company and not by any of the ar5 mortgage trustees . The reservations and exce tions if any, set tat forth in the foregoing description are intended to be for e benefit of the mortgage trustees as well as the Northern Pacific Railway Company and the liens of the aforesaid mortgages on the rights and interests so reserved and excepted, if any, are not released, and nothing herein contained shall in anywise affect, alter or diminish the liens or encumbrances of the aforesaid mort- gages on any of the properties covered by them respectively which are not hereby specifically released. This release is executed by said mortgage trustees without covenant of warranty, either express or implied, and shall be without recourse against such trustees, or any of them in any event whatsoever. IN WITNESS WHEREOF, said mortgage trustees have caused--: . , this indenture to be signed and acknowledged or proved by tbei respective presidents, vice presidents, assistant vice presidents; or trust officers, and have caused their respective corprra:t '°;-:-.,- 'r seals to be hereunto affixed and the same to be attested1Wtle , ,. . ,` � �; signatures of their respective assistant vice presidents',:= se.oD -_,, :4 --‘4.1:7;, ;, sa taries or assistant secretaries, cashier or assistant esas� 'ier;,,. : °, �, r; ,. all as of the day and year first above written. 6. ' �' (2 - F- -' ,_ C6 p,w - fi• wy G.: Signed, sealed and de- BANKERS TRUST COMPANY, as e' -,�_-t.'c.r ;; - livered on behalf of -) - 'r '`4):" Bankers Trust Company, as Trustee, in presencer / :- . : By 6-6/7:21§/ ASSISTA! T vIcc President i �� I. PRUS ATTEST: ( C-v4-ii„t I, 11,7,'''.5: 44! - ��_ D. C. D. 61,AiCE1,_Y, s Se etary. Signed, sealed and de- FIRST NATIONAL CITY BANK, as Trustee, ' livered on behalf of est National City Bank, ,, ` _ ustee, in presence ;`� ',.of";_.. ' By 7/61,, F p--.,!t,: Vicom- Pre-iden j'r. r .r, ,- ATTEST: I/ ir L__< J. IricL;” 1;".-lin . .s is tant t ash - e oil ' viit.4632 FAGE4S1 , . Signed, sealed and de- MORGAN GUARANTY TRUST COMPANY OF livered on behalf of NEW YORK, as Trustee, Morgan Guaranty Trust . , r•-'‘ Company of New York, as laY-1 '), 7.7!i Trustee, in presence of: By 1,___ Th-N''\.--t., r,.. Th (Title)p. .-% 4- : ,-„r U Norris Trus ! -r!4'r- ---- ,P.:.,-, ATTEST: G. L. Boveroux, ei --- di -_-, • )//g .or • #, .... T-- D. ":•ag Assistant Secretar ' ,'- -. . - . STATE OF NEW YORK, ),, COUNTY OF NEW YORK, s5.5 , i \ - CITY OF NEW YORK. . . On this ,;'/Z day of -.'-v--,,- - - , in the year 1963 , , before me, WILLIAM M. McLAUGHU ' , a notary public, personally appeared A. P. SULLIVAN , to me known to be the Assistailt, Viut,President of the Bankers Trust Company, one of the corporations which executed the foregoing instrument, and who being duly sworn did say, that the seal affixed to said instrument is the corporate seal of said corporation, and that said instru- ment was signed and sealed in behalf of said corporation by authority of its Board of Directors, and the said acknowledged said instrument to be the free act and deed of said corporation. - : ' • ' Given under my hand and of4'icial seal this 7 //day of , ,... ‘: , 1963 . . .„7-- ----, , .. • , , , ,- , Notary Pub3: c0 CitY„ 47ounfY and State f New York. My commission expires M.U. 3 19,64 WNotarulic,MstMatceLA0U1 GNHewLINyork . . y ' '--- .• ‘, , No. 24-7858550 Qual:fied in Kings County Certificate tiled in New York County Commission Expires March 30,1964 STATE OF NEW YORK, • COUNTY OF NEW YORK, ss CITY OF NEW YORK. On this ;76 -7-` day of /444/0e/7i „ in the year 1963 , before me, „ . _ , a notary public, personally appeared :zia, , to me known to be the — President of the First National City Bank, one of the corporations which executed the foregoing instrument, and who being duly sworn did say, that the seal affixed to said instrument is the corporate seal of said corporation, and that said instru- ment was signed and sealed in behalf of said corporation by authority of its Board of Directors, and he acknowledged said instrument to be the free act and deed of said corporation. V014632 FAGE48? Given under my hand and official seal this '6f day of /t/,g CH 19 63 . �r Lei Norary public, City, County an. State of New York. My r�° 4 . •°'r . ;^ °�,`" co ission expires a A i C,�Vti �F''p ee. B LA. r,. .:i :i :t: ri!. Y. ._,»nc -r Yeo e,—r_a x. �. 1'., STATE OF NEW YORK, COUNTY OF NEW YORK, ss CITY OF NEW YORK. ) On this g114 day 014/94 , in the year 19 63 Crean , , before me, J. Noel Can I , a notary public, person- ally appeared F G._ Norris , to me known to be the Trust Officer—ofthe Morgan Guaranty Trust Company of New York, Cine or—fife- corporations which executed the foregoing instru- ment, and who being duly sworn did say, that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed and sealed in behalf of said cor- poration by authority of its Board of Directors, and the said 'r G. Norris acknowledged said instrument to be the free a-ct and deed of said corporation. Given under my hand and official seal this r/ -day of iyt" ( ' 1963. ,.lee4ktrdsl ° ..., 40„,, '10 ar 4P'u. " c, 1 y, oun y ° and State of New York. My �, , `L^,� ee,� commission expires �. NOEE CREAN Notary Public, State of New York°h . No. 31-5853985 nr. Qualified in New York County Commission Expires March 30, 1964 riled for Record fit.. 4)4 19 'x ,'• 'Aauest of Pr)RFRT A. MORRIS, County Nuditor