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Home My WebLink AboutCAG2001-0439 - Original - Jack Martin - Purchase of Property at 10824 SE 248th St - 11/27/2001 REAL ESTATE PURCHASE AND SALE AGREEMENT WITH EARNEST MONEY PROVISION BETWEEN THE CITY OF KENT AND JACK MARTIN FOR PROPERTY LOCATED AT 10824 SE 2481" STREET This contract controls the terms of the sale of real property (Please read carefully before signing) This Agreement is entered between the CITY OF KENT, a Washington municipal corporation, whose mailing address is 220 4th Avenue South, Kent, Washington 98032- 5895, ('Buyer"), and Jack Martin ("Seller"), whose mailing address is 10824 SE 248th Street, Kent, Washington 98031, for the sale and purchase of real property as follows 1. PROPERTY. The property, including all improvements and appurtenances situated thereon, which Buyer agrees to buy and Seller agrees to sell, is commonly known to be 10824 SE 248" Street, Kent, Washington (the "Property"), and which Property is legally described in Exhibit A, attached hereto and incorporated herein by this reference A map indicating the location of the Property is also attached as Exhibit B, incorporated herein by this reference 2. EARNEST MONEY. Received from the Buyer, Ten Thousand Dollars and No/100 ($10,000 00) as earnest money and part payment on the purchase price of the following described real estate 3. PURCHASE PRICE. The total purchase price for the Property is One Hundred & Seventy-Five Thousand dollars and No/100 ($175,000), including earnest money, payable on closing Contract/Purchase&Sale 1 of 9 11/21/01 Jack Martin 4. CONTINGENCIES. This agreement is contingent upon (a) Acceptance of its terms by the Kent City Council (b) Buyer's review and approval of the title report on the property prior to Closing (c) Buyer's review and approval of Seller's information contained in the REAL PROPERTY TRANSFER DISCLOSURE STATEMENT, ("Statement") as set forth in Exhibit C The "Statement" shall be completed by the Seller within five (5) days from the date of mutual acceptance of the Agreement (d) A Feasibility Study as follows (1) Buyer shall have ten (10) days from the date of mutual acceptance of this Agreement to determine, in Buyer's sole and absolute discretion, if the Real Property is feasible for investment and/or development by Buyer (2) Buyer's feasibility study may include (but is not limited to) a Phase I and/or Phase II environmental assessment In the event of discovery of an environmental condition on the property, prior to closing, either Seller or Buyer may, at their sole option, terminate this Agreement Contract/Purchase &Safe 2 of 9 11/21/01 Jack Martin (3) A Phase I environmental assessment generally will consist of a review of title of ownership and land use, review of geologic and hydrologic maps of the area, review of federal and state databases for know hazardous water generators or contaminated sites and a site visit If the Phase I review reveals the potential of a contaminated site, a Phase II environmental assessment may be conducted which generally will consist of on-site sampling, including the digging or boring of test holes for sod samples BY EXECUTING THIS AGREEMENT, SELLER HEREBY AUTHORIZES BUYER A RIGHT OF ENTRY TO THE PROPERTY FOR THE PURPOSE OF CONDUCTING THIS FEASIBILITY STUDY INCLUDING A PHASE IF, AND IF NECESSARY, A PHASE II ENVIRONMENTAL ASSESSMENT SELLER WILL BE NOTIFIED IF A PHASE II ENVIRONMENTAL ASSESSMENT IS TO BE CONDUCTED (4) Buyer agrees to conduct Its feasibility study at its sole cost and expense e) Seller's removal of personal property within ninety (90) days of closing or no later than March 31, 2002. Should any of these contingencies set forth above not be met or removed prior to closing, then this Agreement shall terminate and neither Buyer nor Seller shall have any further rights, duties or obligations hereunder, except that the Earnest Money held in Great American Escrow by Buyer to Seller shall be Immediately returned to Buyer Contract/Purchase & Sale 3 of 9 11/21/01 Jack Martin 5. CONVEYANCE AND CONDITION OF TITLE. The title to the Real Property shall be conveyed by Seller to Buyer at closing by Statutory Warranty Deed, free and clear of all liens, encumbrances or defects except those described in Paragraph 6 below 6. TITLE INSURANCE. At Closing, Seller shall cause Pacific Northwest Title, 1201 Third Avenue, Suite 3800, Seattle, Washington 98101-3055, to issue a standard form owner's policy of title insurance to Buyer in an amount equal to the total purchase price of the Real Property, and insuring the Real Property be discharged by Seller shall be paid from Seller's funds at Closing For purposes of this Agreement, the following shall not be deemed encumbrances or defects rights reserved and federal patents or state deeds, building or use restrictions consistent with current zoning, and utility and road easements of record If title cannot be made so insurable prior to the Closing date called for herein, unless, Buyer elects to waive such defects or encumbrances, this agreement shall terminate 7. CLOSING COSTS AND PRO-RATIONS. The cost of escrow shall be paid by Buyer, except those fees that are expressly limited by Federal Regulation Seller shall pay for all applicable excise tax and revenue stamps Taxes for the current year, rents, interest, Association, Condominium and/or Homeowner's fees, water and other utility charges, if any, shall be pro-rated as of date of closing unless otherwise agreed 8. ADDITIONAL INDEMNIFICATION. SELLER RECOGNIZES AND ACKNOWLEDGES THAT HE HAS POSSESSION AND CONTROL OF THE PREMESIS RENT FREE FOR NINETY DAYS FOLLOWING CLOSING IN ORDER TO REMOVE POSSESSIONS. IN CONSIDERATION OF SUCH, SELLER AGREES TO INDEMNIFY, DEFEND, AND HOLD HARMLESS THE CITY FOR ANY AND ALL CLAIMS OR DAMAGES DUE TO INJURY OF PERSON OR PROPOERTY RESULTING FROM SELLER'S POSSESSION Contract/Purchase&Sale 4 of 9 11/21/01 Jack Martin OF SAID PROPOERTY EXCEPT FOR SAID INJURY OR DAMAGE RESULTING FROM SOLE NEGLIGENCE OF THE CITY 9. CLOSING OF THE SALE. WITH THE UNDERSTANDING THAT TIME IS OF THE ESSENCE FOR THIS AGREEMENT, this sale shall be closed by December 7, 2001 which shall also be the termination date of this agreement unless said closing date is extended in writing by mutual agreement of the parties When notified, the Buyer and Seller will deposit, without delay, in escrow with Pacific Northwest Title, 116 Washington Avenue North, Kent, WA 98032-5717, all instruments and monies required to complete the transaction in accordance with this agreement Closing, for the purpose of this agreement, is defined as the date that all documents are executed and the sale proceeds are available for disbursement to the Seller. 10. CASUALTY 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 the Buyer, shall become null and void 11. POSSESSION. Buyer shall be entitled to possession ninety (90) days after closing 12. SELLER'S REPRESENTATIONS. Seller represents (a) that he/she will maintain the property and yard in present or better condition until time of agreed possession, (b) that he/she has no knowledge or notice from any governmental agency of any violation of laws relating to the subject property except ti 0 Vxe (c) that the property is not encumbered by any leases Contract/Purchase&Sale 5 of 9 11/21/01 Jack Martin 13. SELLER'S ENVIRONMENTAL REPRESENTATIONS. Seller represents that to the best of his/her knowledge that he/she is not aware of existence of, or has caused or allowed to be caused, any environmental condition arising or occurring during Seller's ownership of the Property (including, without limitation, a spill, discharge or contamination) This provision shall survive the closing 14. SELLER'S INDEMNITIES. Seller agrees to indemnify and hold harmless the Buyer, against any and all damages, losses, liabilities, judgments, assessments, and expenses and costs, including reasonable legal, accounting, consulting, engineering and other fees which may be incurred by Buyer, or asserted against Buyer, by any other party or parties (including, without limitation, a governmental entity), arising out of any environmental condition existing as of and/or prior to the closing date, including the exposure of any person to any such environmental condition, regardless of whether such environmental condition or exposure resulted from activities of Seller or Seller's predecessors in interest This indemnity shall survive the closing and be in addition to Seller's obligation for breach of a representation or warranty as may be set forth herein 15. ABANDONMENT OF PERSONAL PROPERTY. Any personal property located on the premises as of the possession date shall be deemed to have been abandoned by the Seller, and shall be disposed of by the Buyer as determined by the Buyer, and at Buyer's expense Contract/Purchase&Sale 6 of 9 11/21/01 Jack Martin 16. DEFAULT AND ATTORNEY'S FEES. (a) Buyer's Default. IF BUYER DEFAULTS HEREUNDER, SELLER'S SOLE REMEDY SHALL BE LIMITED TO DAMAGES IN THE LIQUIDATED AMOUNT OF THE EARNEST MONEY PREVIOUSLY PAID THE BUYER BUYER AND SELLER INTEND THAT SAID AMOUNT CONSTITUTES LIQUIDATED DAMAGES* AND SO AS TO AVOID OTHER COSTS AND EXPENSES TO EITHER PARTY IN CONNECTION WITH POTENTIAL LITIGATION ON ACCOUNT OF BUYERS' DEFAULT. BUYER AND SELLER BELIEVE SAID AMOUNT TO BE A FAIR ESTIMATE OF ACTUAL DAMAGES (b) Seller's Default. IF SELLER DEFAULTS HEREUNDER, BUYER SHALL HAVE ALL THE RIGHTS AND REMEDIES AVAILABLE AT LAW OR IN EQUITY (c) Attorneys Fees and Costs. In the event of litigation to enforce any of the terms or provisions herein, each party shall pay all its own costs and attorney's fees 17. NOTICE TO SELLER: THIS AGREEMENT HAS SIGNIFICANT LEGAL AND FINANCIAL CONSEQUENCES AND YOU ARE ADVISED TO SEEK INDEPENDENT LEGAL AND FINANCIAL COUNSEL REGARDING THESE CONSEQUENCES If you do not understand the effect of any part, consult your Attorney before signing 18. NON-MERGER. The terms, conditions, and provisions of this Agreement shall not be deemed merged Into the deed, and shall survive the Closing and continue In full force and effect Contract/Purchase & Sale 7 of 9 11/21/01 Jack Martin 19. NOTICES. All notices required or permitted to be given hereunder shall be in writing and shall be sent U.S certified mad, return receipt requested, or by facsimile transmission addressed as set forth below. (a) All notices to be given to Buyer shall be addressed as follows John Hodgson, Director Parks, Recreation & Community Services 220 4th Avenue South Kent, Washington 98032-5895 FAX (253) 856-6050 (b) All notices to be given to Seller shall be addressed as follows A tU rU ( A A e i0S-10 50�014fc Ke4�1 w+ 4�i7a'-i b— Either party hereto may, by written notice to the other, designate such other address for the giving of notices as being necessary All notices shall be deemed given on the day such notice is personally served, or on the date of the facsimile transmission, or on the third day following the day such notice is mailed in accordance with this paragraph 20. ENTIRE AGREEMENT. This agreement, Including all incorporated exhibits, constitutes the full understanding between Seller and Buyer There have been no verbal or other agreements that modify this agreement 21. BINDING EFFECT AND SURVIVAL. This Agreement shall be binding upon parties hereto and their respective heirs, successors and assigns, and the terms, conditions and provisions of this Agreement shall survive the closing of this transaction Contract/Purchase&Sale S of 9 11/21/01 Jack Martin 22. DATE OF MUTUAL ACCEPTANCE. For the purposes of this Agreement, the date of mutual acceptance of this Agreement shall be the last date on which the parties to this Agreement have executed this Agreement as indicated below 23. EXPIRATION OF OFFER. Seller shall have only until 5 00 p m on November 30, 2001 to accept the Purchase and Sale Agreement as written, by delivering a signed copy thereof to the Buyer or the Buyer's agent If Seller does not so deliver a signed copy within said period, this Agreement shall lapse and all right of the parties hereunder shall terminate IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date set forth below BUYER SELLER THE CITY OF KENT JACK MARTIN By By A- /M WHITE JACK MARTIN Its Mayor Its Owner Dated ��/� (/� Dated APPROVED AS TO FORM ATTEST TO By gg". OGER A LUBOVICH BR DA JACOBER CITY ATTORNEY CITY CLERK Contract/Purchase&Sale 9 of 9 11/21/01 Jack Martin LEGAL DESCRIPTION Exhibit A 202205 101 POR S '/z OF S '/2 OF NE '/4 STR 20-22-05 DAF• COMM SE COR SD NE '/4 TH N 89-17-11 W ALG S LN SD NE '/4 DIST 2242 18 FT TH N 01-01-21 E 30 00 FT TO N MGN SE 248T" ST & TPOB TH CONTG N 01-01-21 E ALG EXISTING FENCE 180 00 FT TH N 89-17-11 W 175 19 FT TO E LN W 160 FT SD S % OF S Y2 TH S 01- 19-24 W ALG SD E LN 70 00 FT TH S 89-17-11 E 36 14 FT TH S 00-34-22 W ALG EXISTING FENCE 1 %00 FT TO N MGN SD SE 248T" ST TH S 89-17-11 E ALG SD MGN 158 55 FT TO TPOB (BEING POR LOTS 1 & 4 KING CO SHORT PLAT NO R477018 RECORDING NO 7804190934)-AKA PARCEL "H" PER CITY OF KENT LOT LINE ADJUSTMENT NO LL-90-15 RECORDING NO 9005031225-LESS POR AWARDED BY DECREE IN KING CO SUP CT CAUSE NO 88-2-03250-5 ENTERED 05 FEB 1989 DAF COMM SE COR ABBREVIATED LEGAL DESCRIPTION 6-7 A WN CENTRAL IMP COS KNOB HILL- KENT 6 & S 26 FT OF 7 Legal Documents Jack Martin Property Legal Description oz ASSESSOR'S PARCEL # EXHIBIT B 202205-9101-0/ LOT 3 •� ^I� , ! s J v r -44 2 LOT 4W 3I If LOT t I o• Lam— Ir .ds. i- n ,ysr�f� SSIt� i` I (_.e• _ - •`� LOT 1 s d 920 m�(S ) 'fftV- J9st/fJ� /•'toi S E. 24 f3 7 H. S T tc r a.0 rat <r - vl . a^ 1�4j iZ-IL'l• , MP o2 C� ti �gt- r:£NT URO /G2S y<.c V NWM1.S FotmMe 17 Exhibit C WAR Form No OS ®Copyright Northwest Multiple Listingstng Servke Rev 7196 REAL PROPERTY TRANSFER DISCLOSURE STATEMENTt ALL RIGHTS RESERVED Page 1 of 5 Pages t To be used in transfers of residential real property, including multi-family dwellings up to four units, new construction, condominiums not 1 subject to a public offering statement,and certain timeshares See RCW 6406 for further explanations 2 INSTRUCTIONS TO THE SELLER 3 Please complete the following form Do not leave any spaces blank If the question clearly does not apply to the property write"NA" If the 4 answer is"yes"to any astensked(*)item(s), please explain on attached sheets Please refer to the line number(s)of the question(s)when you 5 provide your explanation(s) For your protection you must date and initial each page of this disclosure statement and each attachment Delivery 6 of the disclosure statement must occur not later than five (5) business days, unless otherwise agreed, after mutual acceptance of a written 7 purchase and sale agreement between Buyer and Seller 8 NOTICE TO THE BUYER 9 THE FOLLOWING DISCLOSURES ARE MADE BY THE SELLER(S),CONCERNING THE CONDITION OF THE PROPERTY LOCATED AT 10 IoBdy SlE aqV^ CITY J<'C ,COUNTY �' �'t' ("THE PROPERTY") OR AS LEGALLY DE- 12 SCRIBED ON THE ATTACHED EXHIBIT DISCLOSURES CONTAINED IN THIS FORM ARE PROVIDED BY THE SELLER ON THE BASIS OF 13 SELLER'S ACTUAL KNOWLEDGE OF THE PROPERTY AT THE TIME THIS DISCLOSURE FORM IS COMPLETED BY THE SELLER YOUHAVE 14 THREE(3) BUSINESS DAYS (UNLESS BUYER AND SELLER AGREE OTHERWISE) FROM THE SELLER'S DELIVERY OF THIS SELLER'S 15 DISCLOSURE STATEMENT TO RESCIND YOUR AGREEMENT BY DELIVERING YOUR SEPARATE SIGNED WRITTEN STATEMENT OF 16 RESCISSION TO THE SELLER,UNLESS YOU WAIVE THIS RIGHT ATOR PRIOR TO ENTERING INTO A PURCHASE AND SALE AGREEMENT 17 THE FOLLOWING ARE DISCLOSURES MADE BY THE SELLER AND ARE NOT THE REPRESENTATIONS OF ANY REAL ESTATE LIC- 18 ENSEE OR OTHER PARTY THIS INFORMATION IS FOR DISCLOSURE ONLY AND IS NOT INTENDED TO BE A PART OF ANY WRITTEN 19 AGREEMENT BETWEEN THE BUYER AND THE SELLER 20 FOR A MORE COMPREHENSIVE EXAMINATION OF THE SPECIFIC CONDITION OF THIS PROPERTY YOU ARE ADVISED TO OBTAIN 21 AND PAY FOR THE SERVICES OF A QUALIFIED SPECIALIST TO INSPECT THE PROPERTY ON YOUR BEHALF,FOR EXAMPLE,ARCHI- 22 TECTS,ENGINEERS,LAND SURVEYORS,PLUMBERS,ELECTRICIANS,ROOFERS,BUILDING INSPECTORS,OR PEST AND DRY ROT 23 INSPECTORS THE PROSPECTIVE BUYER AND THE OWNER MAY WISH TO OBTAIN PROFESSIONAL ADVICE OR INSPECTIONS OF 24 THE PROPERTY AND TO PROVIDE FOR APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN THEM WITH RESPECT TO ANY AD- 25 VICE,INSPECTION,DEFECTS OR WARRANTIES 26 Sellerkis/❑is not occupying the property 27 I. SELLER'S DISCLOSURES: 28 * If you answer"Yes"to a question with an asterisk(*),then attach a copy or explain It necessary,use an attached sheet 29 1. TITLE YES NO DON'T 30 KNOW 31 A Do you have legal authority to sell the propertyv .� O ❑ 32 *B Is title to the property subject to any of the following? 33 (1) First right of refusal ❑ / ❑ 34 (2) Option ❑ '91 ❑ 35 (3) Lease or rental agreement ❑ Ar ❑ 36 (4) Life estate ❑ ❑ 37 *C Are there any encroachments,boundary agreements,or boundary disputes? ❑ ❑ 38 *D Are there any rights of way,easements,or access limitations that may affect the f ❑ ❑ 39 owner's use of the property? 40 *E Are there any written agreements forjomt maintenance of an easement or right of way? ❑ .Ar' ❑ 41 *F Is there any study,survey project,or nonce that would adversely affect the property? ❑ ❑ Ir 42 *G Are there any pending or existing assessments against the property? ❑ Ir 10 / 43 *H Are there any zoning violations,nonconforming uses,or any unusual restrictions on the ❑ ❑ .Hf 44 subject property that would affect future construction or remodeling? ��` 111 45 SELLER'S INITIAL DATE U & I/ -8EE+5R'9 INITIAL DATE ' 6 1 NWMLS Form No 17 ®copyright 1996 WAR Fo m No D.5 Northivest Multiple Listing Service Rev 7f96 ALL RIGHTS RESERVED Page 2 at 5 Pages YES NO DON'T 47 ��' /// KNOW 46 g*I Is there a boundary survey for the property9 ❑ ❑ 49 *j Are there any covenants,conditions,or restrictions which affect the property' / l ❑ I-Ir 50 2 WATER 51 A Household Water 52 (1) The source of the water i4Pubhc ❑Community ❑Private ❑Shared 53 (2) Water source information 54 *a Are there any written agreements for shared water source' ❑ ❑ 55 *b Is there an easement(recorded or unrecorded)for access to and/or maintenance of ❑ ❑ Arl� 56 the water source' 57 *c Are any known problems or repairs needed' ❑ ❑ 58 *d Does the source provide an adequate year round supply of potable water' Aor- ❑ ❑ 59 *(3) Are there any water treatment systems for the property' ❑Leased ❑Owned ❑ ❑ 60 B Irrigation 61 (1) Are there any water rights for the property9 ❑ ❑ ! 62 *(2) If they exist,to your knowledge,ha%a the water rights been used during the last ❑ ❑ 63 five-year period' 64 *(3) If so, is the certificate available' ❑ ❑ - 65 C Outdoor Sprinkler System 66 (1) Is there an outdoor sprinkler system for the property' ❑ ❑ 67 *(2)Are there any defects in the outdoor sprinkler system9 ❑ ❑ 68 3. SEWER/SEPTIC TANK SYSTEM 69 A The property Is served b 70 ❑Publtc sewer main It tank system ❑Other disposal system 71 (describe) 72 B If the property is served by a public or community sewer main,is the hoyselcpnnected ❑ ❑ ❑ 73 to the main? ��lI..JJ X 74 C Is the property currently subject to a sew er capacity charge9 ❑ - ❑ 75 D If the property is connected to a septic tank system 76 (1)Was a permit issued for its construction,and was it approved by the city or county ❑ ❑ 77 following its construction? 78 (2) When was it last pumped? 79 *(3) Are there any defects in the operation of the septic tank system' ❑ _Alr� ❑ 80 (4) When was it last inspected? , 19 81 By whom 82 (5) How many bedrooms was the septic tank system approved for' bedrooms Jv� 83 *E Are any plumbing fixtures,including laundry dram,not connected to the septic tank/sewer ❑ ❑ 84 system9 111 85 If not explain 86 *F Are you aware of any changes or repairs to the septic tank system' ❑ ❑ 87 G Is the septic tank system,including the drainfreld,located entirely within the boundaries of ❑ ❑ 88 the property? 89 4. STRUCTURAL �/ 90 *A Has the roof leaked? �1" ❑ ❑ 91 If yes, has t been rep fired? 1 ❑ ❑ 92 SELLER'S INITIAL DATE �� / 2 �IINITIAL DATE��/93 NWNLS Form No 17 ®Copynghl INS W A R Form No D-5 Notlhwest Multiple Listing Service Rev 7196 ALL RIGHTS RESERVED Page 3 of 5 Pages YES NO DON'T 94 KNOW 95 *B Have there been any conversions, additions or remodeling? ❑ ❑ 96 *(I) If yes, were all building permits obtained? ❑ ❑ '' 97 *(2)If yes,were all final inspections obtained? ❑ ❑ 98 C Do you know the age of4e hoyse? If yes,year of original ^� ❑ ❑ 99 construction t "1 I 100 *D Do you know of any settling,slippage,or sliding of either t , house or other structures//1 ' ❑ ❑ 101 improvements located on the property? If yes,explainC61�1'��r:Jal i S ,Ot1� 102 apQ� , *E Do you know of any defects with the following (Please check applicable items') ❑ ❑ 103 ❑ Foundations ❑ Decks ❑ Exterior Walls 104 O Chimneys ❑ Interior Walls ❑ Fire Alarms 1D5 ❑ Doors ❑ Windows ❑ Patios 106 ❑ Ceilings ❑ Slab Floors ❑ Driveways 107 ❑ Pools ❑ Not Tub ❑ Sauna 108 ❑ Sidewalks ❑ Outbuildings ❑ Fireplaces 109 ❑ Garage Floors ❑ Walkways ❑ Wood Stoves 110 ❑ Other 111 *F Was a pest or dry rot,structural or"whole house"inspection done?When and by ❑ 4-- ❑ 112 whom was the inspection completed? 113 114 *G Since assuming ownership,has your property had a problem with wood destroying ❑ ❑ 115 organisms and/or have there been any problems with pest control,infestations,or vermin? 116 5. SYSTEMS AND FIXTURES 117 If the following systems or fixtures are included with the transfer,do they have any existing 118 defects' 119 *A Electrical system,including wrong,switches,outlets,and service ❑ 1/ ❑ 120 *B Plumbing system,including pipes, faucets,fixtures,and toilets ❑ ❑ 121 *C Hot water tank ❑ ❑ 122 *D Garbage disposal N )K ❑ ❑ ❑ 123 *E Appliances ❑ ❑ 124 *F Sump pump �,,�( � ❑ ❑ ❑ 125 *G Heating and cooling systems ❑ 4— ❑ 126 *H Security system ❑Leased 'Kowned ❑ ❑ 127 *I Other 128 6. COMMON INTEREST 129 A Is there a Home Owners' Association? ❑ I,-- ❑ 130 Name of Association 131 B Are there regular periodic assessments? ❑ ❑ 132 $ per ❑month ❑years 133 ❑Other 134 *C Are there any pending special assessments? ❑ ❑ 135 *D Are there any shared"common areas"or any joint maintenance agreements(facilities ❑ ❑ 136 such as walls,fences,landscaping,pools,tennis courts,walkways,or other areas 137 co-owned in undivided interest with others)? l 138 SELLER'S INITIAL- DATE �� ( r1 3 58CL�Lit'TINITIAL DATF�t 6 NWMLS Form No 17 ®Copyn9ht 1996 WAR Form No D6 NOMwest Multiple Using Service Rev 7196 ALL RIGHTS RESERVED Page 4 or 5 Pages O3 YES NO DON'T 140 KNOW 141 7. GENERAL 142 *A Is there any settling,sod,standing water,or drainage problems on the property? ❑ ❑ 143 *B Does the property contain fill matenal7 O ❑ 144 *C Is there any material damage to the property of any of the structure from fire,wind,floods, ❑ ❑ 145 beach movements,earthquake,expansive soils,or landslides? 146 D Is the property in a designated flood plain? ❑ ❑ 147 E Has the local(city or county)planning agency designated your property as a 148 "frequently flooded area"? �1 149 *F Are there any substances,materials,or products that may be an environmental hoard such Ar ❑ ❑ 150 as,but not limited to,asbestos,formaldehyde,radon gas,lead-based paint,fuel or chemical 151 storage tanks,and contaminated sod or water on the subject property? 152 *G Are there any tanks or underground storage tanks(e g,chemical,fuel,etc)on the Cl ❑ 153 property? 154 *H Has the property ever been used as an illegal drug manufacturing sue9 ❑ ❑ 155 8 LEAD BASED PAINT(Applicable if the house was built before 1978) 156 A Presence of lead-based paint and/or lead-based paint hazards(check one below) 157 ❑ Known lead-based paint and/or lead-based paint hazards are present in the housing 158 (explain) 159 160 Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing 161 B Records and reports available to the Seller(check one below) 162 ❑ Seller has provided the purchaser with all available records and reports pertaining to 163 lead-based paint and/or lead-based paint hazards in the housing (list documents below) 164 165 166 eller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards 167 !! `` in the housing 168 9. FULL DISCLOSURE BY SELLERS 169 A. Other conditions or defects: 170 *Are there any other material defects affecting this property or its value that a prospective ❑ ❑ 171 buyer should know about? 172 B. Verification 173 The foregoing answers and attached explanations(if any)are complete and correct to the best of Seller's knowledge and Seller has 174 received a copy hereof Seller agrees to defend,indemnify and hold real estate licensees harmless from and against any and all claims 175 that the above information is inaccurate Seller authorizes real estate licensees,if any,to deliver a copy of this disclosure statement to 176 other real estate licensees and all prospective buyers of the Property 177 Date 7 `li Date. 178 Seller Seller 179 SELLER'S INITIALF_'. DATE 4 Lr'ITIAL DATE j� IT/ �/180 NWMLS Farm No 17 0Copynght 1996 W A R Form No D 5 Nor west Multiple Listing Servrc Rev 7196 ALL RIGHTS RESERVED Page 5 of 5 Pagel II BUYER'SACKNOWLEDGEMENT 181 A Buyer acknowledges the duty to pay diligent attention to any material defects which are known to Buyer or can be known to Buyer by 182 utilizing diligent attention and observation 183 B Buyer acknowledges and understands that the disclosures set forth in this statement and in any amendments to this statement are made 184 only by the Seller and not by any real estate licensee or other party Buyer acknowledges that,pursuant to RCW 64 06 050(2),real 185 estate licensees are not liable for Inaccurate information provided by Seller,except to the extent that real estate licensees know of such 186 inaccurate information This information is for disclosure only and is not intended to be apart of the written agreement between Buyer 187 and Seller 188 C Buyer(which term includes all persons signing the"Buyer's acceptance"portion of this disclosure statement below)hereby acknow- 189 ledges receipt of a copy of this disclosure statement(including attachments,if any)bearing Seller's signature(s) 190 D If the house was built prior to 1978,Buyer acknowledges receipt of the pamphlet Protect Your Family From Lead in Your Home 191 DISCLOSURES CONTAINED IN THIS FORM ARE PROVIDED BY THE SELLER ON THE BASIS OF SELLER'S ACTUAL KNOW- 192 LEDGE OF THE PROPERTY AT THE TIME OF DISCLOSURE YOU,THE BUYER, HAVE THREE (3) BUSINESS DAYS (UNLESS 193 OTHERWISE AGREED) FROM THE SELLER'S DELIVERY OF THIS SELLER'S DISCLOSURE STATEMENT TO RESCIND YOUR 194 AGREEMENT BY DELIVERING YOUR SEPARATE SIGNED WRITTEN STATEMENT OF RESCISSION TO THE SELLER UNLESS 195 YOU WAIVE THIS RIGHT OF RESCISSION 196 BUYER HEREBY ACKNOWLEDGES RECEIPT OF A COPY OFTHIS REALPROPERTY TRANSFER DISCLOSURE STATEMENTAND 197 ACKNOWLEDGES THAT THE DISCLOSURES MADE HEREIN ARE THOSE OF THE SELLER ONLY,AND NOT OF ANY REAL ES- 198 TATE LICENSEE OR OTHER PARTY 199 DATE r O/ DATE 200 BUYER 0 BUYER 201 dr BUYER'S WAIVER OF RIGHT TO REVOKE OFFER 202 Buyer has read and reviewed the Seller's responses to this Real Property Transfer Disclosure Statement, Buyer approves this statement and 203 waives Buyer's right to revoke Buyer's offer 204 DATE DATE 205 BUYER BUYER 206 BUYER'S WAIVER OF RIGHT TO RECEIVE COMPLETED REAL PROPERTY TRANSFER DISCLOSURE STATEMENT 207 Buyer has been advised of Buyer's right to receive a completed Real Property Transfer Disclosure Statement Buyer waives that right 208 DATE DATE 209 BUYER BUYER 210 If the answer is"Yes"to any asterisked(*)items,please explain below(use additional sheets if necessary) Please refer to the line number(s)of 211 the question(s) 212 213 214 215 216 217 218 219 220 SELLER'S INITIAL DATE 5 SELLER'S INITIAL DATE 221 SELLER'S DISCLOSURE ADDENDUM THIS AGREEMENT AFFECTS YOUR LEGAL RIGHTS YOU ARE ADVISED TO SEEK LEGAL ADVICE BEFORE SIGNING Yes No Don't Know 1 Is the structure sided with Oriented Strand Board Siding or any ❑ ❑ other manufactured composite siding? 2. If yes, have you had the siding inspected9 (Attach a copy of any ❑ ❑ ❑ report received ) 3 If yes to question#1, do you have a copy of the warranty? ❑ ❑ ❑ 4 If yes to question#1, have you made a warranty claim or participated ❑ ❑ ❑ in any claim process9 Explain Seller; V Date ��j Sel@(r DX Acknowledgment of Receipt Buyer hereby acknowledges receipt of this Addendum and acknowledges that the disclosures made in this Addendu ar made by the Seller and not by any real estate licensee or other party Buyer Datr/--R��C,/ Buyer Date. Waiver of Right to Revoke Offer Buyer has read the Seller's disclosures set forth in this Addendum and hereby waives the right to revoke Buyer's Offer based on disclosures made in this Addendum This waiver shall not affect any other contractual or legal right Buyer may have Buyer- Date Buyer Date Wye SDA 9i95 • • TO • • • AND ap{t ECK FOR VISIBLE RED AND BLUE No 526654 CITY OF KENT F ERB IN PAPER-ALSO INVISIBLE U S BANK TB 10 220 -4th Avenue South , A- ORESCENT FIBERS EMBEDDED 24 Hour Banking KE Kent,�WA 98032-5895 1 300 673 3555 — l�.VNT (253) 856-5230 DATE I AMOUNT WAS InOToe MaWrJlmWhlte 12/04/01 $«««176,825 66 PAY - ONE HUNDRED SEVENTY SIX THOUSAND EIGHT HUNDRED TWENTY FIVE AND 66/100*«*******«*««* Account Payable Void After 6 Months TO THE ORDER OF Pacific Northwest Title Co of WA, Inc 215 Columbia Street Chief Administrative Officer Seattle WA 98104 �i Finance Director • • • • • - • - • lolls. • - • a 11100 5 2 6 6 5 411■ 1: 12500❑ 10 Si: i535007453330 CITY OF KENT 220 -4th Avenue South * Kent, WA 98032-5895 STUB 1 OF 1 ACCOUNTS PAYABLE CHECK 526654 INVOfCE DATE INVOICE NUMBER DESCRIPTION PO NUMBER INVOICE AMOUNT TOTAL 12103/01 63068027 J Martin Purchase & Sale 209414 176,825 66 176,825 66 ** TOTAL ** 176,825 66 I ^1.`x\i^ i _ K'S.;y` i.A�.r wa -.� • A N.` �r.Y ,xr�-Y�-~r•�3+ij t� kY + �ti+..,�.ii � �` -.4 Ww. sR P��C"G .t -:,' i - s..�`�r�'.r'"1'"•'p:` »,rvv�yryy�� a4I�' �i�r�'r:'�y �� .a�w t�.ti4, G , A" yf'�y • Y n"T�.'LP.. 4Lw,yip c_�p'[ant x' •iY�tlf� A'. tl4.Y�v L4`µ't{" 'i�t '�.�.�q• - .. , 5ney�� 4 ♦y F - r,��c:"""n m > ��'i2*Gi.,�r�i�W f.� sen,�� 5�^�F.•' � r �51fl REQUEST FOR MAY, SIGNAT s M � ; 1-14 5 . _ UREz= _ .Please Fill in All W G S N I N O T O N -...w .. yx k Un' 'W �XY T `�4'�_ia+ 1 �•. r =�1y'�. ti4 3...r�x`E' buy $'i s:"'A•�4 �•6'Jr �k�' �."ti-,`., � �i�� '� �' � -� n�' ;^"'�r�",�?�_"� P'.t'�''=�.1� ��r sfia�2y_`s ,+•�jva.;' �� -`"�` "�'.p�`k� R out, Ing Information (ALL REQUESTS MUST FIRST BE ROUTED ThIROUGH THE LEGAL DEPARTMENT s, M -Originator. Phone On inator Date Sent Date Required _ Dec Lf Return Signed Document to. ( M Ca4l' VENDOR NAME: VENDOR NO. Brief Explanation of Document NOS �sw"'VI- o F =l"- jac'-� � Q pm6lk bra Cif CXU In o>n �fav If �1 All Contracts Must Be Routed Through the Legal De ar - - - (This Area to be Completed B e Legal Department) Received Approval of City Attorney. City Attorney Comments- Date Forwarded to Mayor - ' Shaded Areas to Be Completed by Administration Staff - xKim, �, �2K"` -_ ^��, ��Fsv.3 !, 5 .e r,�a„ >•Ea'Z e r; �`< �'.�s=z"pr �'�� `ia%.'� '. �ix • ' ��?h 1»y 'r�'s �N�"i � x e ..�.' t3 ,i Hr FIr ��. , • 'w )x�� PACIFIC NORTHWEST TITLE Company of Washington, Inc DECLARATION OF ESCROW SERVICES SELLER and PURCHASER/BORROWER acknowledge by their signatures below the following: 1. That the ESCROW AGENT is not acting as the advocate or representative of either party. 2. That the documents submitted to this escrow will affect the legal rights of both parties 3 . That the parties interest in the documents may differ . 4. That each of the parties have a right to be represented by a lawyer of their own selection. 5. That the undersigned acknowledge that they have been advised that the ESCROW AGENT will not prepare any legal documents in connection with this escrow, and that the undersigned may select an attorney of their own choosing to do so. 6 . That the ESCROW AGENT cannot give legal advice as to the matter in which the documents affect the parties. Received and acknowledged this day of 2001 PURCHASER/BORROWER: CITY OF KENT A MUNICIPALITY BY: , i b�;7'��//1/l/ BY SELLER: JACK L. MARTIN KENT OFFICE 116 Washington Avenue North Kent,WA 98032-5717 • (253) 520-0805 • Fax (253) 520-0864 http//pnwt corn • email kent@pnwt corn LIMITED ENGAGEMENT LETTER REGARDING PREPARATION OF DOCUMENTS REFERENCE ESCROW #63068027 The law firm of Edwin C. Lagerquist, Inc. , P.S. ( "ECL" ) has been requested by JACK L. MARTIN, Seller and CITY OF KENT, Purchaser to prepare the check-marked documents hereinafter described in connection with the real property commonly known as 10824 SE 248TH ST, KENT, WA 98031 W Statutory Warranty Deed and Excise Tax Affidavit LIMITED PREPARATION INFORMATION: The documents shall be consistent with the forms approved by the Washington Supreme Court for preparation by Limited Practice Officers pursuant to APR 12 ( "approved forms" ) and will be prepared in accordance with the information provided by the parties to the escrow agent, Pacific Northwest Title Company of Washington, Inc. (Pacific Northwest Title) . The parties understand that the only information provided ECL for preparation of the documents will be the legal and personal property descriptions, exceptions to the title, and tax parcel identification numbers provided by Pacific Northwest Title. The documents are to be consistent with the approved forms and are not tailored to specific fact situations which are in variance with those covered by the approved forms. LIMITED SCOPE OF REPRESENTATION: The scope of legal representation by ECL is limited to the preparation of the documents and the parties understand that ECL will not be--.Y- interviewing the parties and shall in no manner undertake to assist or to render legal advice in connection with this transaction or the above described documents. In exchange for the documents, the parties shall pay a fee to ECL. This amount will be allocated between the parties as they may agree and disbursed from escrow directly to ECL. COMMON REPRESENTATION: The documents prepared by ECL will affect the legal rights of both Seller and Purchaser and each by their signatures below hereby consent to the common representation described herein subject to the specified limitations. INDIVIDUAL LEGAL REPRESENTATION: The parties understand that their interests in the documents may differ and that each of the parties has a right to be represented by their own attorney, including the right to have their own attorney prepare the documents, and further, to have their attorney present at the closing of this transaction. Except as to the preparation of documents as specified herein, ECL is not acting as an advocate or representative of either of the parties. 8/88 ACKNOWLEDGEMENT: The undersigned Seller and Purchaser hereby acknowledge that PRIOR TO THE EXECUTION OF ANY DOCUMENTS IN CONNECTION WITH THIS TRANSACTION, THEY: 1) HAVE READ THE TERMS OF THIS DOCUMENT; 2) UNDERSTAND THE TERMS OF THIS DOCUMENT; and 3) HAVE HAD AMPLE OPPORTUNITY TO OBTAIN INDEPENDENT LEGAL COUNSEL TO ASSIST THEM IN THIS TRANSACTION. MISCELLANEOUS: This document may be executed in one or more counterparts, and all of the counterparts shall constitute one and the same agreement, notwithstanding that all parties hereto are not signatories to the same or original counterpart. Facsimile transmission of any signed document, and retransmission thereof , shall be the same as delivery of an original. At the request of either Seller, Purchaser, Pacific Northwest Title, or ECL, the parties will confirm facsimile transmitted signatures by signing an original document . SELLER: Dated: Jack L. Martin PURCHASER: Dated: (�2G•�,�d0/ �_ I• eona Orr, Mayor Pro tem CLOSING ESCROW INSTRUCTIONS PURCHASER: CITY OF KENT, A MUNICIPALITY SELLER: JACK L. MARTIN, AN UNMARRIED PERSON DATE: December 3, 2001 ESCROW NUMBER: 63068027 PRELIMINARY TITLE COMMITMENT NUMBER: 456656 PURCHASER AND SELLER HEREIN APPOINT AND APPROVE PACIFIC NORTHWEST TITLE COMPANY OF WASHINGTON, INC. , (hereinafter referred to as ESCROW AGENT) TO ACT AS ESCROW AGENT FOR THIS TRANSACTION. ESCROW AGENT is to be concerned only with the provisions specifically set forth in these instructions, which DO NOT incorporate the terms of the Purchase and Sale Agreement and Addenda (hereinafter referred to as the Agreement) executed by the parties and are not intended to amend, modify or supercede the terms and conditions set forth therein. CONDITIONS THAT SURVIVE ESCROW: The parties hereto agree that there may be certain conditions set forth in the above Agreement which may survive the closing of this escrow and ESCROW AGENT is to assume no responsibility or liability for such compliance. 1. SELLER herein deposits with ESCROW AGENT, pursuant to these instructions, the following: DOCUMENTS (X) Agreement (X) Declaration of Escrow Services (X) Limited Engagement Letter (X) Excise Sales Tax Affidavit (X) Statutory Warranty Deed (X) IRC 1099S Reporting Form which ESCROW AGENT is instructed to deliver, release and/or record when ESCROW AGENT has for the account of SELLER $175,000. 00, subject to any charges and/or credits authorized herein. 2. PURCHASER herein deposits with ESCROW AGENT the funds required to close, in the form of a cashier ' s check, wired and/or collected funds in accordance with the Collected Funds Law (RCW 18.44.070) ; loan proceeds, if applicable; and the following: DOCUMENTS (X) Agreement (X) Excise Tax Affidavit (X) Declaration of Escrow Services (X) Limited Engagement Letter which sums and documents are required to be deposited prior to closing, and which ESCROW AGENT is instructed to disburse and/or deliver, as required to fulfill these instructions and when it has a policy or policies of title insurance or commitments therefor in the form(s) and amount(s) as follows: ESCROW INSTRUCTIONS (continued from previous page) ESCROW NUMBER: 63068027 DATE: December 03 , 2001 Title Commitment/Policy (X) Owner ' s ALTA Standard Amount: $175,000 .00 The undersigned PURCHASER and SELLER have received, reviewed and approved for use in this escrow the preliminary commitment for title insurance, including any supplementals thereto and have reviewed and approved the legal description and general and special exceptions including the covenants, conditions and restrictions affecting said property as stated on the commitment . The policy or policies issued will contain the insuring clauses, exceptions, exclusions, provisions and stipulations customarily contained in the printed provision of such form( s) and subject to exceptions shown in the preliminary commitment at the following paragraph number(s) : 1 through 5 THE UNDERSIGNED SELLER HEREBY CERTIFIES THAT THERE ARE NO LIENS AND/OR ENCUMBRANCES AFFECTING SAID PROPERTY OTHER THAN AS SHOWN IN THE PRELIMINARY COMMITMENT. THE PURCHASER AND SELLER CERTIFY THAT THEY HAVE DEPOSITED INTO THIS ESCROW ALL ADDENDA TO THE PURCHASE AND SALE AGREEMENT. THE PURCHASER AND SELLER HAVE EXAMINED AND HEREBY APPROVE FOR USE IN THIS ESCROW THE ABOVE LISTED DOCUMENTS. 3 . A. CLOSING STATEMENTS: ESCROW AGENT shall prepare closing statements which by reference herein are made a part hereof OR otherwise account to the parties for all funds received and disbursed hereunder at the time of final settlement and closing of this escrow. ESCROW AGENT shall not be liable for the accuracy of information furnished to it by other persons in the normal course of business, or the failure to adjust items not designated in writing. The parties hereto agree to pay all their proper costs and fees, including any adjustments. Additional amounts which may become due for any reason shall be promptly paid to ESCROW AGENT by the party owing such amounts. However, any advance made at its option shall be promptly reimbursed by the party for whom it is advanced and such optional advance shall not be an admission of liability on the part of the ESCROW AGENT. B. PRORATIONS: Adjustment items shall be prorated on the basis of a 365 day calendar year . ESCROW AGENT shall account for adjustments, credit and charges of expense items according to the custom and usage of the community. ESCROW AGENT is instructed to prorate as of the actual date of closing, the following: NONE C. ESCROW DEPOSITS: All money received by ESCROW AGENT in this escrow is to be deposited in escrow bank accounts controlled by ESCROW AGENT pending closing. ESCROW AGENT ESCROW INSTRUCTIONS (continued from previous page) ESCROW NUMBER: 63068027 DATE: December 03, 2001 receives banking benefits from non-interest bearing trust account deposits . These benefits may be in the form of but not limited to miscellaneous banking, accounting and computer support services. If an interest bearing account is to be established, ESCROW AGENT must be so advised in writing, prior to the deposit of funds, and furnished with a Federal Tax Identification Number . D. CLOSING: If this escrow has not been placed in a position to close by December 31, 2001, the above items deposited by the parties hereto except earnest money, are to be returned to same upon written demand, at which time PURCHASER and SELLER will pay all charges in connection herewith. In the absence of such written demand, ESCROW AGENT will proceed with closing in an expeditious manner. E. UNCLAIMED PROPERTY: If checks distributed during the closing process to the last known address of the applicable payee(s) remain uncashed, then ESCROW AGENT may charge an annual fee of up to $25 . 00 for custody and administration of the unclaimed property. ESCROW AGENT will make a reasonable attempt to contact applicable payee(s) and reissue check(s) , net of accrued annual fees . Per Washington State law, any remaining unclaimed personal property will be forwarded to the state of Washington five (5) years from the date the uncashed check was issued. 4 . A. UTILITIES: In the event SELLER has not complied with the provisions of RCW 60.80, SELLER and PURCHASER waive the services of ESCROW AGENT to satisfy unpaid utility charges and agree to settle final bills outside escrow. This pro- vision includes but not limited to water, garbage, sewer , telephone, metro, electricity, gas and Metro Capacity Charge. ESCROW AGENT shall not be responsible for determination of remaining oil, nor payment thereof. B. FIRE OR CASUALTY INSURANCE: If a new policy of fire, hazard or casualty insurance on the property is required to close the transaction, the PURCHASER will arrange for the policy to be issued, outside of escrow, and will pro- vide evidence of the coverage to the ESCROW AGENT prior to closing. ESCROW AGENT shall have no responsiblity nor liability for obtaining hazard/homeowner insurance. C. INFORMATION TO OTHERS: ESCROW AGENT is authorized and in- structed to furnish, upon request, information concerning this escrow to the listing and/or selling real estate broker, the lender financing this transaction, if any, and attorneys representing the SELLER or PURCHASER. D. FIRPTA: If any seller is a non-resident alien or foreign corporation, partnership, trust or estate for the purposes of United States income taxation, the parties are advised to consult with their attorneys before the closing date to determine their responsibilities under the Foreign Investment in Real Property Tax Act (Section 1445 of IRC) . The closing agent is not required to verify the nationality or foreign status of any of the sellers, or to withhold, report or pay ESCROW INSTRUCTIONS (continued from previous page) ESCROW NUMBER: 63068027 DATE: December 03, 2001 any amounts due under such Act . E. LIABILITY LIMITATIONS: Without limitation ESCROW AGENT shall not be liable for any loss or damage resulting from following: 1 . Any default, error, action, omission of, or misrepresenta- tions made by any other party. 2. The expiration of any time limit or other delay, unless such time limit was known to ESCROW AGENT and such loss is caused solely by failure of ESCROW AGENT to proceed in its ordinary course of business. 3 . Any loss or impairment of funds deposited in escrow in the course of collection or while on deposit with a bank, savings bank or savings association resulting from failure, insolvency or suspension of such institution. 4 . ESCROW AGENT complying with any and all legal process, writs, orders, judgments and decrees of any court whether subsequently vacated, modified, set aside or reversed. F. DISPUTES: Should any dispute arise between the parties, or any of them, and/or any other party, concerning the property of funds involved in the transaction, the ESCROW AGENT may, at its sole discretion, hold all documents and funds in their existing status pending resolution of the dispute, or join or commence a court action, deposit the money and documents held by it with the court, and ask the court to determine the rights of the parties . ESCROW AGENT is authorized to deduct, prior to deposit of funds in the court , a reasonable sum for costs of attorneys fees and filing fees . Upon depositing said funds and documents with the court, the ESCROW AGENT shall have no further duties or responsibilities under these instructions. G. COUNTERPARTS: These escrow instructions may be executed in counterparts with like effect as if all signatures appeared on a single copy. H. UNDERLYING ENCUMBRANCES: SELLER acknowledges that if any underlying encumbrance(s) is to be paid in full as a part of this escrow, said payoff is based upon a written statement(s) by the Holder/Servicer. Said statement(s) will be updated verbally prior to closing. Interest is to be collected to such date as estimated by the ESCROW AGENT to be sufficient for the Holder/Servicer to have received payoff by regular certified mail or courier. SELLER is responsible for any additional fees, interest or require- ments in order to obtain necessary documents for release of such encumbrance( s) . I . DISBURSEMENTS: Payments disbursed hereunder will conform to the usual and customary practice of the industry and ESCROW AGENT is not responsible for any delays caused by such delivery. J. LOAN FUNDS: In the event any portion of the PURCHASER' S required deposit is in the form of loan funds from a lender , PURCHASER and SELLER authorize recording of the within deposited documents prior to the lender funding their loan. It is understood that SELLER' s proceeds will be disbursed upon receipt of the loan funds from the new lender. ESCROW INSTRUCTIONS (continued from previous page) ESCROW NUMBER: 63068027 DATE: December 03, 2001 K. ADVANCE OF EXCISE TAX: PURCHASER and SELLER acknowledge the Excise Tax, if required must be paid prior to closing and authorize ESCROW AGENT to pay such tax. L. POSSESSION: Delivery of Personal Property or transfer of possession of Real Property or condition of either shall not be a part of this escrow nor an obligation of the ESCROW AGENT. M. THIRD PARTY: PURCHASER and SELLER acknowledge that third party written instructions may be submitted into this escrow. Unless such instructions conflict with these instructions, they shall be incorporated herein. N. FORM 1099-S: In compliance with the Tax Reform Act of 1986, and any amendments thereto, SELLER shall provide all information necessary, including a Taxpayer Identification Number (TIN) , preparation of a Form 1099-S as required by the Internal Revenue Service. ESCROW AGENT retains the option of not closing the escrow if adequate information is not provided. O. CANCELLATION: These instructions may be cancelled by a written agreement signed by all of the parties. Upon receipt of such agreement and payment of the ESCROW AGENT' S fees, costs and expenses, including but not limited to cancellation fees for title insurance and escrow services, the ESCROW AGENT shall return any money or documents then held by it to the parties that deposited the same, and shall have no further duties or responsibilities under these instructions. P. All contingencies and/or conditions as set forth in the Purchase and Sale Agreement and Addenda have been fully met or waived. ESCROW AGENT is hereby removed from any responsibility and/or liability for same and is instructed to proceed with closing. Q. LEGAL DESCRIPTION. The undersigned PURCHASER and SELLER herein accept, approve and authorize the use of the legal description as evidenced in Preliminary Title Report No. 456656 . I HAVE BEEN AFFORDED ADEQUATE TIME AND OPPORTUNITY TO READ AND UNDERSTAND THESE ESCROW INSTRUCTIONS AND ALL OTHER DOCUMENTS REFERRED TO HEREIN. CITY OF KENT A MUNICIPALITY BY:�(t �/V�� BY: � DATED: acgoo/ Purchaser ' s Forwarding Address: 220 4TH AVENUE SOUTH, RENT, WA 98032 ESCROW INSTRUCTIONS (continued from previous page) ESCROW NUMBER: 63068027 DATE: December 03, 2001 JACK L. MARTIN DATED: Sellers Forwarding Address: 10824 SOUTHEAST 248TH STREET, KENT, WA 98031 Proceeds check to be: Picked up Mailed: Certified Regular Wired (provide voided check or deposit form) OMB No 2502-02, A US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT B TYPE OF LOAN _ 1 FHA 2 FMHA 3 CONV UNINS 4 VA s CONV INS X6. Cash Ea L;iIIIated 9 FILE NUMBER 7 LOAN NUMBER 63068027 8 MTG INS CASE NO C NOTE This form Is furnished to give you a statement of actual costs Amounts paid to and by the settlement agent are shown Items marked "IF o c)"were paid outside the closing they are shown here for Informational purposes and are not Included In the totals D NAME OF BORROWER CITY OF KENT ADDRESS- 220 4TH AVENUE SOUTH KENT WA 98032 E NAME OF SELLER ,TACK L. MARTIN ADDRESS 10824 SOUTHEAST 248TH STREET, KENT, WA 98031 TIN: F NAME OF(ENDER. ADDRESS G PROpEffwL.ocAmois Lot TITLE# 456656-12 10824 SOUTHEAST 248TH STREET KENT WA 98031 H SETTLEMENT AGENT PACIFIC NORTHWEST TITLE PHONE NUMBER: ( 000) 000-0000 ADDRESS 116 WASHINGTON AVENUE NORTH KENT, WASHINGTON 98032 TIN: 91-1202822 PLA(M OF SETTLEMENT PACIFIC NORTHWEST TITLE Est. closing date: 12 07 0. ADDRESS 0 J. SUMMARY OF BORROWER'S TRANSACTION K SUMMARY OF SELLER'S TRANSACTION 100 GROSS AMOUNT DUE FROM BORROWER 400 GROSS AMOUNT DUE TO SELLER: 101 Contract sales price 175,000.00 401 Contract sales price 175,000 . 19 102 Personal property 402 Personal property 103 Settlement charges to berrower(line 1400) 1,825 . 66 403 104 404 105 405 Adjustments for Items paid by seller In advance Adjustments for Items paid by seller In advance 106 City/town taxes to 400 City/town taxes to 107 County taxes to 401 County taxes to 108 Assessments to 409 Assessments to 109 409 110 410 111 411 112 412 120 GROSS AMOUNT DUE FROM BORROWER 176,825.66 420 GROSS AMOUNT DUE TO SELLER: 17 5,00 0 .0 k( 200 AMOUNTS PAID W OR IN BEHALF OF BORROWER 500 REUUCTONS IN AMOUNT DUE TO SELLER: 201 Deposit or earnest money 501 Excess deposlt(see Instruc(lonsf 202 Principal amount of new loans) 502 Settlement charges to sellerfllna 1400) 11,865. 0o 203 Existing loan(s) taken subject to 503 Existing loan(s) taken subject to 204 Commitment Fee 504 Payoff of first mortgage loan 205 505 Payoff of second mortgage loan 206 506 207 507 208 508 209 509 Adjustments for Items unpaid by seller Adjustments for Items unpaid by seller 210 City/town taxes to 510 City/town taxes to 211 County taxes to 517 County taxes to 212 Assessments to 512 Assessments to 213 513 214 514 215 515 216 518 217 517 218 518 219 519 220 TOTAL PAID Boy/FOR BORROWER 520 TOTAL REDUCTION AMOUNT DUE SELLER. 11,865. 00 300 CASH AT SETTLEMENT FROM/TO BORROWER: 800 CASH AT SETLEMENT TO/FROM 501ER 301 Grose amount due from borrower(Ilne 120) 176, 825.66 801 Gross amount due to seller(Iine 420) 175,000.00 302 Less amounts paid by/for borrower(Ilne 220) 602 Less total reductions In amount due selier(Ilne 520) 11,865. 00 303 CASH XFROM TD BORROWER 176 ,825. 66 603 CASH XTO FROM sELIER 163,135 . 041 S BBB S e lot, on contained n oc a en an courts for, ne 0 e aster Re full nee 03 an a mporUni seInformation and Is being furnlshed to the Internal Revenue Service It you are required to file a return, a negligence penalty or other sanction will be Imposed on you II this Item Is required to be reported antl the IRS dMeNninss that It has not bash mooned. SELLER INSTRUCTION-If this real estate was your principal residence file Form 2119,Sale or Exchange of Principal Residence for any gain with your Income tax return, for other transaction@,complete the applicable parts of Form 4707, Form 6252 and/or Schedule D jForm 1040) You are required by law to provide with your correct taxpayer Identification number If you do not provide with your correct taxpayer Mortification number,you may be subject to civil or criminal penalties Undar penalties of perjury I certify that the number shown on this statement Is my correct taxpayer Identification number Sailer PAGE 2 OF OMe No 2502-fun File 27 Pao FROM P{ FROM Estimatedated L . SETTLEMENT CHARGES BORROWERS SELLER'S FUNDS 700 TOTAL SALES/BROIDER'S COMMISSION Based on S 17 5, 0 0 0. 0 0 @ 5 . 00 %= 8,750. 00 AT SETTLEMENT AT FUNDS Dlvlslon of Commission (line 700 as follows 701s 8,750 . 00 to BELL ANDERSON & ASSOCIATES 702 S to Commission paid at settlement 8,750 . 0( 704 to 800 ITEMS PAYABLE IN CONNECTION WITH LOAN 801 Loan Origination lea % 802 Loan Discount % 803 Appraisal fee to 804 Credit Report to 805 Lender's Inspactlon fee to 806 Mortgage Insurance application fee to 807 Assumption Fee to 808 to 809 to 810 to 811 to 812 to 900 ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE. 901 Interest from to @$ /day 902 Mortgage Insurance premium for mo to 903 Hazard Insurance premium for yes to 904 to 905 1000 RESERVES DEPOSITED WITH LENDER 1001 Hezartl Insurance mo @$ per mo 1 OD2 Mortgage Insurance mo @$ per mo 1003 City property taxes mo @$ per mo 1004 County property taxes ma @$ per mo 1005 Annual assessments (Melnt) mo @$ per mo 1 DOB mo @$ per mo 1007 mo @$ per ma 1008 mo @$ per ma 1100 TITLE CHARGES: 1101 Settlement or closing fee to PACIFIC NORTHWEST TITLE 924 . 80 1102 Abstract or title search to 1103 Title examination to 1104 Title Insurance binder to 1105 Document preparation to EDWIN C. LAGERQUIST, ATTY. 40.00 1106 Notary fee to 1107 Attorney s fee to to (includes above Items No 1108 Title Insurance #456656 to PACIFIC NORTHWEST TITLE 837 . 76 (Includes above Items No ) 1109 Lenders coverage $ 1110Owneraoover.ge 175,000 . 00 s 837 . 76 (770 .00 + 67 . 76) 1111 to 1172 to 1113 to 1114 to 1200 GOVERNMENT RECORDING AND TRANSFER CHARGES 1201 Recording fees Dead S 12 . 55ddg s Rai S DC 10 . 55 23 .10 1202 City/county tax/stamps Deed$ MHg $ 1203 Slate tax/stamps Deed$ Mine $ 1204 EXCISE TAX LIABILITY to KING COUNTY TREASURY DIVISION 3,115.01 1205 to 1206 to 1300 ADDITIONAL SETTLEMENT CHARGES 1301 Survey to 1302 Paul Inspection to 1303 to 1304 to 1305 to 1400. TOTAL SETTLEMENT CHARGES (entered on Imes 103, ion a arse eo�t_ 1 1,825. 66 11,865. 60 I have carefully reviewed the HUD-1 Settlement Stet the �fs��t my knowledge and belief, 1t Is a true and accurate statement of all receipts and disbursements made' accdunt•pr py/fir in this transaction I further certify that I have received a copy of HUD-1 Settlement Statement of Borrowers Sellers Tn HUO-1 S ttl ment St t ment Which 1 have pr pe gd is a true and accurate account of this transaction I have caused o6 wit( cause the �un�s to be $is�ursed in accordance wit t�iis statement Settlement Agent Date WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form Penalties upon conviction can include a fine and imprisonment For details see Title 18 US Code Section 1001 and Section 1010 PI EASE TYPE OR PRINI REAL ESTATE EXCISE TAX AFFIDAVIT Ihis form is your receipt PL LASE SEE REVERSE CHAPTER 8245 RCW-CHAPTER 458-61 WAC when stamped by cashier FOR USE AT COUNTY TREASURER'S OFFICE (Use Form No 84-0001 D for Reporting Transfers of Controlling Interest of Entity Ownership to the Department of Revenue) THIS AFFIDAVIT WILL NOT RE ACCEPTED UNLESS ALL AREAS 1-7 ARE FULLY COMPLETED Name JACK L. MARTIN Name CITY OF nKTETNT W O AN UNMARRIED nL`�S()N 04 W A—MiUNICIPALITY a�z Street 10824 SOUTHEAST 248TH STREET Street 220 4TH AVENUE SOUTH "u KENT, WA 98 mi KENT, wA-98032 City/State/Zlp City/State/Zip ADDRLSS IOsrNDALI PROPLRFY fAX RELAIEDCORRLSPONDENCF ALL TAX PARCEL NUMBERS COUNTY TREASURER PLACE ASSESSED VAI U1,IF TAX EXEMPT Name SAME AS ABOVE rRANTEE Street 202205-9101-04 City/Stale/Zip LEGAL DESCRIPTION OF PROPERTY SITUATED IN ❑UNINCORPORATED COUNTY ❑OR IN CII Y OF KENT Street Address(Ifproperty is improved) 10824 SOUTHEAST 248TH STREET KENT, WA 98031 LEGAL DESCRIPTION AS SET FORTH IN EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF Is this property currently YI S NO DesLripuon of personal property included in gross selling price, both � tangible leg, furniture, equipment, etc )or intangible leg, goodwill, Classified or designated as forest land9 ElW/ agreement not to compete,etc ) Chapter 84 33 RCW Classified as current use land(open space, farm ❑ Ix and agricultural,or timber)'I Chapter 84 34 RCW J Exempt from property tax as a nonprofit ❑ IZ If exemption claimed, list WAC number and explanation organization?Chapter 84 36 RCW Seller's Exempt Reg No _____— ___ WAC No (Sec/Sub) Receiving special valuation as historic ❑ d Explanation properiy9 Chapter 84 26 RCW Property Type. ❑land only ❑land with new budding �rland with previously used building ❑ land with mobile home Type of Document STATUTORY WARRANTY DFF.II ❑ timber only ❑ building only Date of Document 12/0 3/01 Prinupat Use- ❑Apt (4+until ❑residential ❑timber ❑agricultural ❑commercial/industrial Gross Selling Price $ 175 , 000 .0 ❑other Personal Property(deduct) $ 0 . 00 ® Taxable Selling Price $ 175, 000.00 (1)NOTICE OF CONTINUANCE(RCW 84 33 OR RCW 84 34) I I the new owner(s)of land that is classified or designated as current use Excise Tax State $ ' or forest land wish to continue the classification or designation of such Local $ land,the new owner(s)must sign below If the new owners)do not desire Delinquent Interest State $ 0 . 00 0 . 00 to continue such classification or designation,all compensating or addmonal tax calculated pursuant to RCW 84 33 120 mid 140 or RCW Local $ n n n 84 34 108 shall be due and payable by the seller or transferor at the time Delinquent Penally $_ 1 _ 00 Of 1111c.Mlle colinty IINNeN4or must delennille If the Ifuld Irall4lefred Total Due $ 1 , 11 5 - off qualifies to continue classification or designation and must in indicate below Signatures do not fleLLSSUlly nleml the land will remain in A MINIMUM OF $2 00 IS DUL AS A PROCESSING FEF AND TAX classification or designation If it no longer qualities,it will be removed AFFIDAVIT and the compensating taxes will be applied All new owners must sign I Certify Under Penalty of Perjury Under The Laws of The State of Fhis land ❑does ❑ does not qualify for continuance Washington That The Foregoing Is True And Correct (See back of this form) Dat DEPU fY ASSESSOR Signature of Grantor/Agent (2) NOTICE OF COMPLIANCE(Chapter 84 26 RCW) If the new owner(s)of property with special valuation as historic property Name(punt) '.'• . wish to continue this special valuation the new owner(s)must sign below_ Date and Place of Signing. I It the new owner(s)do not desire to continue such special valuation,all additional tax calculated pursuant to Chapter 84 26 RCW,shall be due Signature of mid payable by the seller or transferor at the time of sale Grantee/Agent. (3) OWNER(S)SIGNATURE Name(print) L. )A) A Date&Place of Signing f/E'o 00 n e/Q /,Uushi,al{fOrr Perjury Perjury is a class C felony which is punishable by imprisonment in the state correctional institution for a maximum term of not more than five years,or by a fine in an amount fixed by the court of not more than five thousand dollars($5,000 00),or by both imprisonment and fine(RCW 9A 20 020(IC)) RFV x40001,(3-I8-99)(I'D 04-23-01) FOR TREASURER'S USE ONLY fY TREP.SUR FP, WHEN RECORDED RETURN TO Property Management City of Kent 220 Fourth Avenue South Kent, Washington 98032 Grantor. Jack L Martin Grantee City of Kent Abbreviated Legal Description NE 1/4 20-22-05 Additional Legal Description on page 2 of Document Assessor's Tax Parcel ID No 202205-9101-04 Project East Hill Park STATUTORY WARRANTY DEED (Individual) Jack L Martin, an unnamed man,("Grantor"), for and in consideration of mutual benefits derived and/or other valuable consideration receipt of which is hereby acknowledged by Grantor, conveys and warrants to the City of Kent, a Washington municipal corporation("Grantee"), for any and all municipal purposes, as Grantee the following described real property situated in King County, State of Washington SUBJECT TO EXHIBIT "A" ATTACHED HERETO STATUTORY WARRANTY DEED(Individual)-Page 1 of 3 (Jack L Martin,Grantor) That portion of the south half of the south half of the northeast quarter of Section 20, Township 22 North,Range 5 East, W.M., in King County, Washington,being described as follows- Commencing at the southeast comer of said northeast quarter; Thence north 89*17'11" west along the south line of said northeast quarter, a distance of 2242.18 feet; Thence north 01°01'21" east a distance of 30.00 feet, to the north margin of southeast 24g1h;Street and the TRUE POINT OF BEGINNING; Thence continuing north 01*0V21" east, along an existing fence a distance of 180 00 feet, Thence north 89'1Tl 1" west a distance of 195.19 feet to the east line of the west 160 feet of said south half of the south half; Thence south 01'19'24" west, along said east line, a distance of 70.00 feet, Thence south 89*17'I1" cast a distance of 36 14 feet, Thence south 00°34'22" west, along an existing fence, a distance of 110,00 feet, to the north margin of said Southeast 248'1' Street, Thence south 89°17'11" east, along said margin, a distance of 158.55 feet to the TRUE POINT OF BEGINNING; EXCEPT that portion awarded by decree in King County Superior Court Cause Number 99-2-03250-05 entered February 5, 1989, described as follows Commencing at the southeast corner of the northeast quarter of said Section 20; Thence north as°43144" west along the south line of the northeast quarter of said Section 20, a distance of 2399.37 feet; Thence north 01*03132" east 140.00 feet along an existing fence to the north line of the south 140 feet of the northeast quarter of said Section 20 and the TRUE POINT OF BEGINNING; Thence continuing along said fence north 01°03'32" east 70.00 feet to the north line of Lot 1,King County Short Plat No. R477019 recorded under Recording Number 7904190934; Thence north 88°43'44" west along said north ]me 35 91 feet to the east line of the west 160 feet of the northeast quarter of said Section 20, Thence south 01*52'47" west along said east line 70 00 feet to the north line of the south 140 feet of the northeast quarter of said Section 20, Thence south 89'43'44" east along said north line 36,91 feet to the TRUE POINT OF BEGINNING; (ALSO KNOWN AS Parcel H, City of Kent Lot Line Adjustment No. LL-90-15, recorded under Recording Number 9005031225.) STATUTORY WARRANTY DEED (Individual) - Page 2 of 3 (Jack L. Martin, Grantor) GRANTOR: ?by JACK L MARTIN DATE f Z`4JJ (/6 STATE OF WASHINGTON ) ss COUNTY OF KING ) On tlus 47� day of December, 2001 before me a Notary Public in and for the State of Washington,personally appeared JACK L MARTIN to me known to be the individual that executed the foregoing instrument,and acknowledged it to be his free and voluntary act for the uses and purposes mentioned in tlus instrument,and on oath stated that they were authorized to execute said instrument -Notary Sea!Must Appear Within Thu Box- -WITNESS WHEREOF,I have hereunto set my hand and official seal the day and year first above written p JEAN JOHN- fo sv ,.I NOTA >, ; t t P _;6, t Lesiding ARY PUBLIC, in and for the State of Washington STfsTE OF e`i Si;; :i 10rl �L CO�1tfi5SlG ! =-7, ;�=S at FEBRUARY2-, ,J05appointment expires APP TO FORM Ri ER LlTi VICH City Attorney P�OoN M\Ope jla\U i O5200 Morin-EwMAIPwkSu,u gWar qDe doc STATUTORY WARRANTY DEED(Individual)-Page 3 of 3 (Jack L Martin,Grantor) EXHIBIT 1. EASEMENT AND THE TERMS AND CONDITIONS REFERENCED THEREIN, INCLUDING BUT NOT LIMITED TO, THE FOLLOWING. GRANTEE: Puget Sound Power & Light Company PURPOSE: An underground electric distribution system AREA AFFECTED- Portion of said premises DATED• February 17, 1978 RECORDED. April 10, 1978 RECORDING NUMBER 7804100715 2 COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS CONTAINED IN SHORT PLAT: RECORDED: April 19, 1978 RECORDING NUMBER• 7804190934 3 . COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS CONTAINED IN LOT LINE ADJUSTMENT RECORDED• May 3, 1990 RECORDING NUMBER 9005031225 4. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: BY AND BETWEEN. Various owners DATED Not disclosed RECORDED: June 2, 1987 RECORDING NUMBER 8705021214 REGARDING Boundary Lines Said instrument is a re-recording of instrument recorded under Recording Number 8705110435 5. Matters disclosed on a survey recorded under King County Recording Number 8706029004 PLEASE TYPE Olt PRIN I REAL ESTATE EXCISE TAX AFFIDAVIT I his form its your rcLenpt PLEASE SL'E RLVERSF CI FAIT I R 82 45 W W -Cl TAP ER 458-61 WAC when stamped by Lathier FOR USIA 1 COUN ry TRI ASURLR'S OFFICI (Use]omit No 84-0001❑for RLportmg Trans fLF9 of Controlling In F-rest of Entity Ownership to th,DepartIoLot of RLvLnue) THIS AFFIDAVIT WILL NOT RE ACCEPTED UNLESS ALL AREAS 1-7 ARE FULLY COMPLETED Name JACK L. MARTIN Name CITY OF KENT a o N UWMARRiED PERSON A-41137I-C3"za�zY w� Street 10824 SOUTHEAST 248TH STREET z Street 220 4TH AVENUE SOUTH "u KENT, WA 980 1 m KENT, WA 98032 Gty181a1c1Zip caty/StalcJZip ADDRESS TO SLND ALL PROPERTY TAX RE[ATLD CORRESPONDLNCE ALL TAX PARCLI NUMBERS COUNTY RER PLACE ASSESSED VAI UE IFF TAX EXEMPT Name QAXE ➢S_-ABOVF GRAN-TFE Street 202205-9101-04 —LC 1--25 City/State/Zip LEGAL DESCRIPTION Of PROPERTY SITUATED IN ❑ UNINCORPORATED COUNTY ❑OR IN CITY OF KENT Street Address(if properly is improved) 10824 SOUTHEAST 248TH STREET KENT, WA, 98031 LEGAL DESCRIPTION AS SET FORTH IN EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF Is this properly currently YES NO Description of personal property included in gross selling price, both tangible(eg, furniture, equipment, etc )or intangible(eg, goodwill, Classified or designated as forest land't ❑ 5d" agreement not to compete, etc ) Chapter 84 33 RCW Classified as current use land(open space, farm ❑ I/ and agricultural,or timber)?Chapter 84 34 RCW 1 Exempt from property tax as a nonprofit ElIQ If exemption claimed, list WAC number and explanation organization?Chapter 84 36 RCW Seller's Exempt Reg No _____— ___ WAC No (Sec/Sub) Receiving special valuation as histonc ❑ d Explanation property?Chapter 84 26 RCW Property Type: ❑ land only ❑ land with new budding land with previously used buitdmg ❑land with mobile home Type of Document STATUTORY WARRANTY DRED ❑timber only ❑building only Date of Document 12/0 3/01 Principal Use: ❑Apt (4+unit) ❑residential ❑ timber ❑agricultural ❑ commercial/industrial Gross Selling Price $ 175, 000 .00 ❑other Personal Property(deduct) $ 0 . 00 (t)NOTICE OF CONTINUANCE(RCW 8433OR RCW 8434) Taxable Selling Price $ 175, 000 . 00 II the new owner(s)of land that is classified or designated as current use Excise Tax State $ ' 240. 00 or forest land wish to continue the classification or designation of such Local $ land,the new owner(s)must sign below If the new owners)do not desire Delinquent Interest State $ to continue such classification or designation,all compensating or additional tax calculated pursuant to RCW 84 33 120 and 140 or RCW Local $ 0 . 00 84 34 108 shall be due and payable by the seller or tcansleror at the time Delinquent Penally $ O 00 of sale The county assessor must determine if the land transferred Total Due $ 3 , 1 1 5- qualifies to continue classification or designation and must so Indicate below Signatures do not necessarily mean the land will remain in A MINIMUM OF $2 00 IS DUE AS A PROCESSING FEE AND TAX classification or designation If it no longer qualifies,it will be removed AFFIDAVIT and the compensating taxes will be applied All new owners must sign I Certify Under Penalty of Perjury Under The Laws of The State of This land ❑does ❑ does not qualify for contumance Washington That The Foregoing Is True And Correct (See back of this form) Date ULPU I ASSESSOR Signature of Grantor/Agent (2) NOTICE OF COMPLIANCE(Chapter 84 26 RCW) If the new owner(s)of property with special valuation as historic property Name(print) K L , Q-rl-en wish to continue this special valuation the new owners)most sign below Date and Place of Slgnmg If the new owner(s)do nol dcsac to continue such tlwaad valuatian,all - additional tax LalLulatLd pursuant to Chapter 84 26 RCW,shall bL due Signature of and payable by thL seller or transleror at the time of sale C'i nalce/Aµtil (3) OWNER(S)SIGNATURE, Name(poor) Date& Place of Signing Perjury: Perjury is a class C felony which is punishable by imprisonment in the state correctional institution for a maxmium term of not more than five years,or by a fine in an amount fixed by the court of not more than five thousand dollars($5,000 00),or by both imprisonment and fine(RCW 9A 20 020(1 C)) REv 84 0001 i(I tx-99)(PD 04-23-01) FOR TREASURER'S USE ONLY COUNTY TREASURER 6L69L EXHIBIT"A" That portion of the south half of the south half of the northeast quarter of Section 20, — Township 22 North, Range 5 East, W M , in King County, Washington,being described as follows Commencing at the southeast corner of said northeast quarter, Tray Thence north 89°1 T11" west along the south line of said northeast quarter, a 1 distance of 2242 18 feet, est Thence north 01'01'21" east a distance of 30 00 feet, to the north margin of of southeast 248`h Street and the TRUE POINT OF BEGINNING, f t Thence continuing north 01'01'21" east, along an existing fence a distance of 180 00 feet, ( Thence north 890 1 T 11" west a distance of 195 19 feet to the east line of the west < 160 feet of said south half of the south half, Thence south 01°19'24" west, along said east line, a distance of 70 00 feet, Thence south 89'1711" east a distance of 36 14 feet, Thence south 00°34'22" west, along an existing fence, a distance of 110 00 feet, to the north margin of said Southeast 248`h Street, Thence south 89°17'11" east, along said margin, a distance of 158 55 feet to the TRUE POINT OF BEGINNING, lute EXCEPT that portion awarded by decree in King County Superior Court Cause Number 88-2-03250-05 entered February 5, 1989, described as follows 'er 1 ix i Commencing at the southeast corner of the northeast quarter of said Section 20, �f Thence north 88°43`44" west along the south line of the northeast quarter of said Section 20, a distance of 2399.37 feet; Thence north 01003132" east 140 00 feet along an existing fence to the north line of the south 140 feet of the northeast quarter of said Section 20 and the TRUE POINT OF BEGINNING, Thence continuing along said fence north 01003'32" east 70 00 feet to the north line of Lot 1, King County Short Plat No R477018 recorded under Recording Number Aud 7804190934, Thence north 88'43'44" west along said north line 35 91 feet to the east line of the west 160 feet of the northeast quarter of said Section 20, i Thence south 01'52'47" west along said east line 70.00 feet to the north line of the south 140 feet of the northeast quarter of said Section 20, Thence south 88°43'44" east along said north line 36 91 feet to the TRUE POINT OF BEGINNING, (ALSO KNOWN AS Parcel H, City of Kent Lot Line Adjustment No. LL-90-15, recorded under Recording Number 9005031225 )