HomeMy WebLinkAbout7909070045 - Eugene & Leah Caldwell - Contract Real Estate ContractnY6REAL ESTATE CONTRACT
;oRM A-1964)
SAFECO
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THIS coNTRACT, madr and ancrcd inro rhi! 4th tlly ot Septembef , 1979
b.rus.n EUGEI{E C. CALD!{ELL and LEAH l-1, CALO}{ELL, husband and wlfe,
htrclnsltcr cdlrd rha "rollr
h*ornrr*r."il"d th.i,pu,::" RANDY J. DuB0IS, a srngre man,
Thc t rmr and condltiom of thlr cootrucl rrt rl followti Tha purclts|r pricr lt
,
I|ITHSS$ETH: Thrt thr 8.llor lgrsor to tcll to tho purchaor .nd thc purchasor rgroe! ro purcheso lrom tho i€il€r tho foltowing des;ribed
rcd 6utc, with tho apg,rrtcncncor, in Kl tSap County, S6re ol Warhington:
That portion.of the Northeast quarter of the Southwest quarter of Sectlon 35,
Townshlp 24 North, Range I Eastn H. l'1., descrtbed as foilowsl
Beglnnlng at a polnt where the Hesterli urargln of Sldney Road lntersects the
South ^m1lqln-of Trernont Street as platlcd ln ttre plat o? Sldney's Land Co.'s
Second Addltion to Sldney as-recorded ln Volume ?'of Plats, Pale 9, records ofKltsap QounlYi^thence t^lesterly_along the South margln of Tiemoit Street 134 feet;
thence South 130 feeti.thence Easteily to the Hest-margln of Sidney Road; thence
!gt!!:nl!erly along qafd ilest margln 6f Sldney Road to-polnt of beitnntng;
EXCEPT the North l0 feet thereof conveyed to kltsap Couirty for road purp6ies
under Deed bearlng Audltor's Flle No, 441699.
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Tl,lENTy NINE THOUSAIID FM HUNDRED AND N0/100-._--_-a---_-_-_ rs 29r500.00 lDorr",,,orwhich
FOUR TH0USAI'ID AND !0/lO0-- ------------------------r--- r041000.00 I Dola.havobecn peld, thc rtcaipt whorcol lr hrrcby scknowlodgrd, .nd thr brllncc of l'id purcha$ prico rhrll br psid 6r lollowr: - -
THREE HUNDRED AND N0/100------- -------?ro300.00 IDolrru.
o. rnor'. lt purchaecr'r option, on or belorr tho I Oth dry -ol 0c tObgr , ,r79
end THREE .HU,NDRED AND N0/J 00------- ----'-G-a-r-,----- rs 300,00 I Dorars,.' .:'.'.
or motQ rt p,riinar*'toptii;, og o, bdorc thr I Oth day ol roch ruccceding catender month unrit rhs brtsncr ol rsidpurchaso piiee rhall havc bccn,fully prid. Tho purcharer lurther agrta to poy lntorert on the diminiihing balancc ol mid purcheta p.i.o ot th"-1'. . :,'
rercot . '9.$'- , i'' ;. - par.cant p.r rnnum from th. l0th day ot September , ,e79whlch intcri* lh11 nr '*arcr,1 trom'oocn inrtiitrncnt pcy..nt ond thr blt.ncr or orctr Jiimlnr rpptiod in roducrion ol principrf.
Atl pay.rn.nn io + qldi l"?fbrrndcr drrr bo rn dc n Kl tSap COunty Bank Port Orchard, l.Ja , 98366
or ar ouch qthcc plri rr t[ri rellrr moy dlroct ln writing.
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Ar rclcrrod to in thit ctntrltl, "drto ol clocinl" rhrll bl Seotsnber 10.
(ll Tnr purchmcr a'lufllqr qd rgrlr to-piy beloro drlinqr,s116, il toxer ond rrorsmcnts thrt msy rt bltwcon grsntor rnd granlaehorilttot brcorno r liori on nH tcll ccrstt; lnd ll by the trrmr ol thir cdntrct thc purcherer har a*umcd p{ment ol any m-ortgego,'contrscr orolhcr cncumbralr!, or har cumcd- pavm..nt ol or agn*d to purchn n bicct to, .ny t6xot or erlesirngnti now I lien on rsii irit sltsto, thepurchurr rgro.r to pry thc rrmc brforu &linqgsn€y.
l2l Ttrr purcharer str.l,-untll tht purchtr, pricr ir lully p.id. to lorp tho bulldinge now ond hcroofter plactd on rald rcel csteu insurod toth. aciual crgh valus thcrrol rgninrt.loar oa demagn.by both tirr end *indrtorm ln a compeny rcceptable to thr rcllsr_ind lprihe reller'r
benefir, 63 hit intsrelt mly @patr, snd to pry rll premiuml thcrotor rnd to drlivrr cll policicr anrt ronowib thcrool to tha ssllaJ.
(31 Tnc purchcrcr rgreo! thtt full inrpaction ol rrid rorl rtata hll boen mrdo tnd thrt noithrr tha rctlor nor hir'r|rlgnr rliall bc hrld to rny
covcn6nl rerpecting thc condilion ol rny lmptovcmonts thoroon nor rh|ll th. purchcr.r or rcller or the.ttionrol either.dc hold to rny covcnrntor tgreatriant for altitationr,-improvrmontr gt rcplirr unla{ tha covan*lrt cr agraomont rrliGd on ir c6ntoinrd hircin or it ln wrlting rnd
attachrd to Bnd m.da e part ol thir contr&t. , i ,'
(41 Thc purcharor rrtumo rll httcrd. of drmrgr to or dGtruction ol rny improvomants now or\'raid rcd .st8t€ or hrrolftcr pllcad theroon,ind of thc trkint of sid roal 6ttta or rny p.rt thoreo{ tor public ur?; rnd rgr..t thet no ruch drmafp, dertruction or taking rhall conttltute alailure ol conriderotion. ln cmr rny part of nid.real mtatl ir trkrn lor pubtic uto, tho portion ol the condcmnrtion rwrid rumrining eftcrpsymanl of ruaronablc oxponrct ol procuring thc tlma rhall br ptid to thr tallor rnd rpptird al prymrnt on tho purchrac prico hrrcin unlJgc thc
rsllor oloctt to ollow the purchsrcr.ro lpply cll or a portion ol ruch condrmnetion svard ro th€ rabuilding or rcsto6tion of any improvcmen6
domrgDd by ruch ttking. ln cmc ol drmrgt or dottruction lrom e prril inrured rgrinrt, tho proce.dr ol ruch lnrurrnco remainlng 116r prvmentol the rcagonable oxpcnro ol procuring tho r.mt rhrll br davotad to tht rcrtorition or rabuilding ol ruch improvcmentr with-in r re'aronrbta
time, unlcn purcheror elfftr thrt roid prerrdr rhrll be psid to tha l.llrr tor rpplicetion on tho purchlco price herein.
(61 Thl &llor hcr dclivrrcd, ot sgrcr to drlivor withln l5 dlyr of th. d.t. of cloring, ! purchasar'r pollcy of titlo ln3r1ranco ln rgnderdlorm, or r ccmmilmcnt thorotor, i-rruod bv SAFECO Titl. lnrunnca Con'rpury. inruring thi purchoror to thc full ..riounl ol l.ld purchecc pricc
rgoinrl lo3t or d.mrg. by ri.lon ol dcloct in rcllor'r titlo ro trld rcal ortsta or ol thr drtc ol clorlng lnd cont|ining no excrptlonr bthrr ttrcn ttrcfollowing:
o. Printed goncral rxceptionr rppcaring in reid policy form;
b' Lianr or .ncumbrtnc* which by tho tormr of thir contract thi purchnr ir to qerumr, or ar to which tha convryrncr htraundar b to b€mldi lubiect; lnd
b.' Alv rxirting conlract or contrlcts under wlrich r.llor it purchding llid nlt att'ta, rnd any mortgrfn or othtr oblilFtion. whlch l.ller bythir contrtct lgcc. to poy, non. ol wltich lor the purpor ot thb p.r6gr.dt {61 drill bt dcomrd deficb ln 16llor'r tltlr.
(61 lf gllar'r titl. to srid rt6l 6t.t. h rubirct to rn cxining contrrt o. contrrclt undcr whlch re llgr lr pu?charing uid rcal .!t!t., or .ny
mortoa,gp or other obligsrion which rsller ir to pay, rllcr sorcal to mokc erch plynnntt in rccordrnco with thc tcrme thercof, ond upon delault,
the Purchlsor rhall havc rhs right to rnako rny psymcnt! nec.$rry to r6morrG tho dohult, rnd any psymcfltt to m.dc $all bc lpplicd to thrplymanti n€xt fllling duo the rellGr undar this contrEct.
I 979.
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