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HomeMy WebLinkAboutD 06261945 , � r r_ � _ � y i � �t � � � � ' �' Y -PORM l37 WASHR�IGTOrI REAL ESTATE� CONTRACT ' �TLE lI�i9URFl�ICE ' C O MP.AI�IY � ••.~— �� , �� . THIS AGREEMENT,made and entered into this , day oi .Tt1Y18� �.9�.5s between BERT TACHELL, unmarried, and 1�.�UD T. S�,GLE, unmarried, � ' � f�ereinaiter ralled the "seller," and �'C. ����"_" C �L�� ��'�� � � �� G� d✓• ?yl�c:a ?,cJ.���'r-�� '� . liereinafter called the "purchaser," . . W11�I�'ESSETH: "That the seller agrees to sell to ihe purchaser and the purchascr abrees to purchase oi the �eller Yhe following described real estate, �vith the appurtenancrs, situace in the County of KINCr� , State of �'Vashington, to-wit: ' ' Tax Lot forty-two (1�23 - North Ha1P (N2) of South - 528 Peet of Eas� 16� Peet of West Half {W2} oP Sautheast Quar�:er (SE1) oP Southwest Quarter (SW4) of Southeast �uar�er �SE4) ; a2so East 16� Peet of South Halt` (S2) of South- 528 feet of East �65 feet of� West Ha.lf (VP2) of SoutY�east Quar�er (SE4) of Southwest Quarter (SW4) of Sau�heast Quar�er (SE4), � `g less County Road, less coal and mineral rights anc� � easement for P.S.P�. & Z. Co. transmission 2ine, Section � - nine (9i, Township twen�y-three (23) North, Range five . � �5} Eas�, YV.M. � ,;,. � . " .� . � . � `' �� . The terms and conelitions of this contract are as iollows: The purchase price is TVUENT�,-FOUR HtT11TDRED ($ ?J.}.00.00 ) Dollars, of���hicl� FIVE HUNDRED , ' ($500.00 ) Dollars has been paicl, th� receipt «�hereof is hereby acl:nowledged, and the balance of said purchase price shall be paid as io>>o��s: _ 35.Q0, or more, on the first da9 of �ugust, r 19I�.�; and • �35.00, or more, on the Pirst day of saeh and every month � �hereafter until the purchase prics is paicl in Pull � . . together with interest at 6f�per annum on deferred balances. , • The purchaser is entitled to take possession of said premises on The purcliaser agrees to pay before delinquency all taxes and assessments that may as between grantor and grantee hereafter become a lien on said premises. The purchaser assumes all hazards of damage to or destruction of any improvements now oii said land or here- after to be placed thereon, and of the taking of said premises or any part thereof for public use. The purchaser agr�es, until full payment of the said purchase price, to keep all buiidings on said described premises insured to the fiill insurable value thereof against loss or damage by fire in soine company acceptable to tl�e seller and for the seller's benefit as interest may appear and to pay all premiums therefor and to deliver all policies and renewals thereof to the selIer. � In case the purchaser sl�all fail to inake any payment hereinhefore provided by the purchaser to be made, the seller ma�• ma1:e such payment and any amount so paid by the selier, together with interest thereon from date of payment�until repaid �t the rate of ten (10) per cent per annum, shall be repayable by the purchaser on demand, all , without prejudice to an�� other right the seller migfit have by reason of such default. , The purchaser a;rees that full inspection of said described premises has been made and that neither the se}ler nor assigns sha]] be held to an�� co��enant respecting the condition of any improvements on said premises nur to any agreement for alterations, improvements or repairs, unless the covenant or agreement relied on l�e in writing an<l attachcd to an<l made a part of this contract. . The seller has procured or agrees, within ten days from date hereof, to procure from ��'ashington Title Insurance Company a purchaser's policy of titie insurance, insuring the purchaser to the full amount of the said purchase price against loss or damage by reason of defect in the title uf the seller to the said described premises or by reason of prior liens not assumed by the purchaser under this agreement. � . The seller agrees, on full payment of said purchase price ia manner hereinbefore specified, to inake, execute, and �3eliver to the purchaser a good and sufncient warrant� ;. , . .� deed of said described premises. Time is of the essence of this contract. In case the purchaser shall fail to make any payment of the said purchase price promptly at the time the same shall fall due as hereinbefore specified, or promptl}� to perform any covenant or agreement aforesaid, the seller may elect to declare forfeiture and cancellation of this contract and upon such election . being made all rights of the purchaser hereunder shall cease and determine and any payments theretofore made here- � under by the purchaser shall be retained by the seller in liquidation of all damages sustained by reason of such failure_ >ervice of all demands, notices or other papers with respect to such declaratirn� nf forfeitur� an�l cancellation`may be � made by registered mail at the following address, to-wit: � �SO a �.�. 3 ��,"--�— ��C.1l..�LL� ��-�.�c�� � - . , or at such other address as the purchaser will indicate ir� •writing to tlie seller. Or the seller may elect to bring action, or actions,on any intermediate overdue installment, or on any payment, or payments, made by the seller and repayable by the purchaser, it being stipulated that the covenant to pay intermediate installments or to pay items repayable by the purchaser,are independent of the covenant to make a deed and that every such action is an action arising on contract for the recovery of money only, as if the promise to pay had been expressed in a different instrument, and that n� such action shall constitute an election not to proceed otherwise as to any subsequent efault, and no waiver by the seller of any default on the part of the purchaser shall be construed as a waiver of any s se uent default. Iti WITNESS WHEREOF, the parties hereto have executed this instrum t in �}pplicate the day and year first herein written. �,f' ' t/'r�% ' " , . � < . � (SEAL� l �j��'� � � � � � . � ��.(,c-�2. .l.. �S � _ �SE.4L� � �/ C � G _ ' 'C �-�-- . c sz�.,i.; # = a �.�: � �"� . --- ._--_ -� - - .__ - - - -- _.....�s�:aL, . - --. . ... . - s�r:�7 E �r t��:�sxl�G7�o:�, n �ss. ' � ('nunty of �IIVT�r On this day personally appeared before me BERT T�CHELL, unmarried, and MM�UI? T. SAGLE� unmarried, _ to me known to be the individuaP S descrioed in and who eaecuted the within and fore,cing insU-ument, and acknowl- edged that t�l@ f signed the same as -'�b.Bil' free and voluntary act and deed, for the uses and ' purposes therein mentioned. � p � ' � � . . ( ' GIVEN under my hand ar�i official seal this `�6 d of J'�8� 1945 � �- . =•-••--•-•• ---t!vv�.-•---!�-�----- -� - -----------------�------•--•-•-- ' ' Notary Public in and f e State o/ Washington, • ' residing at .......S6a-------�-e-•-•-•-�-•----------•---•�----•-••---- Form L 37 ' — — �.. __ , � _ , - . - � • W U - Z ' u � c� � z � �n ,o � ? c� O �- ? V ` � Wz x � � � i � � � 3 v �" � z U W . W \ O J � � � •�r ' � W �y� \ Z (J1 w � _ h .. N ' Q � � il � � _ _ a - � � � .�- . , � , � . , �`�� , ' �� ' � i