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HomeMy WebLinkAbout9505050764 STATUTORY WARRANTY DEED 050595City, State, Zip AUBURN, WA 98001-4998 t t n,D By.. SPART T1T1E IIAll A(; 'q< STEWART TITLE COMPANY of Washington, Inc. 'A 1`14!114 of Lm4n4..* FILED FOR RECORD AT REOVEST OF l STEWART TITLE COMPANY OF WASHINGTON, INC. 1201 Third Avenue, Suite 3800 Seattle, Washington 98101-3055 WHEN RECORDED RETURN TO Name THE CITY OF AUBURN Address 25 WEST MAIN THIS SPACE PROVIDED FOR RECORDER'S USE r C C I~q Statutory Warranty Deed THE GRANTOR CRISTA MINISTRIES, INC., A WASHINGTON CORPORATION, WHO ACQUIRED TITLE AS CHRISTA MINISTRIES,.INC., A WASHINGTON CORPORATION far and in considoration of TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION In bend paid. Conroyo'ond warrants to THE CITY OF AUBURN, A MUNICIPAL CORPORATION the following dotcribed reel aetete, situated in the County of KING , State of Washington: SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE INCORPORATED t! HEREIN SUBJECT TO: 1 EXHIBIT "B" ATTACHED HERETO AND BECOMING A PART HEREOF 0 Q N A Dated February 03. 1995 CRISTA MINISTRIES, INC.,/ r)rj o j t- rITAtt or wAsn".Cron. I % e I ee (I qiy 1 xr &"IT ",tilt feet I a... M din Nn41K10ry eddoete 1641 `,yl 15 the 09,14.(51 elect levelle d botwe ..a /y H 4.d .to 94,14.44) set.-I do.1 te.l 1.5.4.e.leet! ele•ed this I.el Wlpe.l 4.4 ett.o I.de4d Il le M IeIe..M.tllel,l Ind 4.d HIa.l4ry -4 10, 1M V4n 4M w eYl,et14 n•e.14.N I. 11114 1.ef Aleou A Pole' Maury ,VMIt 1. 4W lei Ib S1.,. of WHM.yt9.. ' Ieeldt.a so a.r •voa.l.•..1 ►pe,lee t q. I ~Lw,r±lbflfel 1 ae~ eev9 m44mery eWO54 lees L'1'7/i~i►.~ /'"ii A/y ~ h 1*e MnM[51 wM 40MeM NI4n e.t e.d eNd 041eo.W( etl.e.4deed tee( M.eAe.IMTI .e.ed Ul$ uel19,.e.L M NM listed test 4VI .led M e.Kele n ee I.arel...t 4W .AC,us..lw0.d h ee IM of Lxw ~r/y A-l /-455t/4 9.•[f•J, ' 10 be tee le,e eM .e1V•la~+r a[I off... Polly 101 Ids pe4e 4.4 owo.e.l ..."..ed 16 1111. I..I ,Aeolt. o4tw ~ e44ry eVbne III 4M tM 1.. 51414 el W.s.I.elele of .e0..1..9.t -I.- z /t d- 4 4, /i b i F1tFI► By.. START IT, LE 11ml (1G qc EXHIBIT "A" Legal Description: Lot D, Auburn Short Plat /20-80, as recorded under Survey Number 8101079005, and corrected by affidavit under Recording Number 8104280802, being a portion of Harvey H.,Jones Donation Claim in Section 6, Township 21 North, Range 5 East, W.M., in King County, Washington; TOGETHER WITH an easement for ingress and egress as provided in instrument recorded under Recording Number 8402020439 and clarified by instrument recorded under Recording Number 9007311728. EXHIBIT "B" Subject To: 1. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: City of Tacoma, a municipal corporation, for and on behalf of its Department of Public Utilities, Water Division PURPOSE: Right of way and easement for the construction, reconstruction, installation, operation, inspection and maintenance of a water transmission pipeline, or pipelines, and appurtenant equipment, including telemetering and control devices RECORDED: January 12, 1973 RECORDING NUMBER: 7301120133 AFFECTS: Includes other property 2. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: White River Power Company PURPOSE: Right to divert from the channel of said river any of the water of said river and to carry the same into any other channel it may deem, desirable RECORDED: September 24, 1902 RECORDING NUMBER: 242413 AFFECTS: Includes other property ;p 3. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: United States of America Q PURPOSE: Power lines, telegraph lines or V) telephone lines AREA AFFECTED: A strip of land 100 feet in width N RECORDED: December 20, 1940 RECORDING NUMBER: 3137685 AFFECTS: Includes other property 4. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: Right to enter and to clear of timber, endangering trees, and brush; to grade, level, cut, fill, drain, build, maintain, repair and rebuild a road or highway and such culverts, bridges, turnouts, retaining walls or other appurtenant structures as maybe necessary, on over and across the land embraced within the right of way RECORDED: September 29, 1941 RECORDING NUMBER: 3193689 AFFECTS: Includes other property 1 of 3 5. EASEMENT AND THE TERMS AND'CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: The aforesaid easement and right of way is for the following purposes namely; the perpetual right to enter and to erect, maintain, repair, rebuild, operate, and patrol one or more electric power transmission lines, and one or more telephone and/or telegrapt lines, including the right to erect such poles and other transmission line structures, cables, and the appurtenances necessary thereto RECORDED: October 31, 1941 RECORDING NUMBER: 3274476 AFFECTS: Includes other property 6. TRANSMISSION LINE AND ACCESS ROAD EASEMENT AND THE TERMS AND - CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: Right to enter and erect, maintain, repair, rebuild, operate, and patrol one or more line(s) of electric power transmission structures and appurtenant signal lines, including the right to erect such poles, transmission structures, wires, cables, and appurtenances as are necessary thereto RECORDED: June 23, 1959 RECORDING NUMBER: 5047640 AFFECTS: Includes other property 7. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: King County PURPOSE: Right to enter upon land to construct, reconstruct, maintain and repair a bank protection and/or other flood control works, includin6 C all appurtenances thereto, together with any enlargement or V) reconstruction thereof, and to trim, cut, fell and remove all such N trees, brush and other natural growth and obstructions as are necessary to provide adequate clearance and to eliminate N interference with, or hazards to, the structures AREA AFFECTED: Left bank of the Green River RECORDED: August 22, 1962 RECORDING NUMBER: 5469852 8. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: City of Auburn, a municipal corporation PURPOSE: To enter upon said easement for the purpose of construction and maintenance of landscape improvements including necessary cuts and fills without incurring any legal obligation or liability therefor AREA AFFECTED: Includes other property RECORDED: May 6, 1971 RECORDING NUMBER: 7105060439 9. COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS CONTAINED IN SHORT PLAT: RECORDED: January 7, 1981 RECORDING NUMBER: 8101079005 Said survey was corrected by affidavit recorded under King County Recording Number 8104280802. 2 of 3 F11D By.. 1 10. Any question that may arise due to shifting and changing in course of the Green River. ll. Right of the state of Washington in and to that portion, if any, of the property herein described which lies below the line of ordinary high water of the Green River. 12. Any prohibition of or limitation of use, occupancy or improvement o: the land resulting from the rights of the public or riparian owners to use any portion which is now or has been formerly covered by water. 13. Resolution Number 2357, a resolution of the City Council of the Cit} of Auburn, Washington, approving the preliminary plat of a 134-Lot Residential Subdivision to be known as "River Park Meadows" located on the east side of "I" Street Northeast (if extended) in the 3200-3300 Blocks as recorded under Recording Number 9301201569. 14. EASEMENT AND THE TERMS AND CONDITIONS REFERENCED THEREIN, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING: GRANTEE: The City of Auburn, a municipal corporation PURPOSE: A temporary non-exclusive easement for for constructing, installing, b` maintaining, repairing and monitorinc two ground water monitoring wells AREA AFFECTED: Said premises and does not define the O exact location therein RECORDED: March 21, 1994 RECORDING NUMBER: 9403210917 O ll~ ' fi "A Tradition of Excellence" STEWART TITLE COMPANY of Washington, Inc. FILED FOR RECORD AT REQUEST OF STEWART TITLE COMPANY OF WASHINGTON, INC. 1201 Third Avenue, Suite 3800 HAY Seattle, Washington 98101-3055 WHEN RECORDED RETURN TO Name THE CITY OF AUBURN CITY OF AUBURJ1 CITY CLERKS OFFICE Address 25 WEST MAIN City, State, Zip AUBURN, WA 98001-4998 0 C-) I UJ Ci9 V7 e, UJ C.1 Statutory Warranty Deed (r) THE GRANTOR CRISTA MINISTRIES, INC., A WASHINGTON CORPORATION, WHO r) t ~ ACQUIRED TITLE AS CHRISTA MINISTRIES, INC., A WASHINGTON CORPORATION e, cal for and in consideration of TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION i I~1 in hand paid, conveys and warrants to THE CITY OF AUBURN, A MUNICIPAL CORPORATION the following described real estate, situated in the County of KING CRI TA MIN S, INC.( Dated February 03, 1995 cm Kr ca o A J, /3 3 e c- 0 y 0 THIS SPACE PROVIDED FOR RECORDER'S USA"" , State of Washington: ca ~ to Q ~O~ Z it-STATE OF WASHINGTON, ) Q 0"p~ 6 ss. 0e ~QO 8. c- County of ) @C` ch0A1 :r 6 W I hnrnhv enrtlfv that I knnw nr haun aAtlnfact- avldanea that x. r.J a Is Me person(s) who appeared before me, ci_i u, and said person(s) acknowledged that (he,she,they) signed this instrument and acknowledged It to be (his,her,thelr) free and voluntary act for the uses and purposes mentioned In this Instrument. n.. Dated: 0 W,3 C" Notary Public In and for the State of Washington, residing at My appointment expires SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE INCORPORATED HEREIN SUBJECT TO: EXHIBIT "B" ATTACHED HERETO AND BECOMING A PART HEREOF as. i na ` t.ttadit4 at 1 know o have •etia aetory evidence that 7 is the person(s) who appeared before me, and said person(s) acknowledged that (he,she.they) signed this instrument, on oath staled that h-; / t5 authorised to execute the Instrument and acknowledged It as the of :,c /~Tyd /f?// /y1TLJE~~ to be the free and voluntary act of such party for the us s alnd purposes mentioned In this Instrument. /{'i h~ Dated: Notary Public In and -for the State of Washington, residing at My appointment expires ! ' c. Legal Description: EXHIBIT "A" Lot D, Auburn Short Plat #20-80, as recorded under Survey Number 8101079005, and corrected by affidavit under Recording Number 8104280802, being a portion of Harvey H. Jones Donation Claim in Section 6, Township 21 North, Range 5 East, W.M., in King County, Washington; TOGETHER WITH an easement for ingress and egress as provided in instrument recorded under Recording Number 8402020439 and clarified by instrument recorded under Recording Number 9007311728. EXHIBIT "B" Subject To: 1. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: City of Tacoma, a municipal corporation, for and on behalf of its Department of Public Utilities, Water Division PURPOSE: Right of way and easement for the construction, reconstruction, installation, operation, inspection and maintenance of a water transmission pipeline, or pipelines, and appurtenant equipment, including telemetering and control devices RECORDED: January 12, 1973 RECORDING NUMBER: 7301120133 AFFECTS: Includes other property 2. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: White River Power Company PURPOSE: Right to divert from the channel of said river any of the water of said river and to carry the same into any other channel it may deem desirable RECORDED: September 24, 1902 RECORDING NUMBER: 242413 AFFECTS: Includes other property 3. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: Power lines, telegraph limes or telephone lines AREA AFFECTED: A strip of land 100 feet in width RECORDED: December 20, 1940 RECORDING NUMBER: 3137685 AFFECTS: Includes other property 4. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: Right to enter and to clear of timber, endangering trees, and brush; to grade, level, cut, fill, drain, build, maintain, repair and rebuild a road or highway and such culverts, bridges, turnouts, retaining walls or other appurtenant structures as maybe necessary, on over and across the land embraced within the right of way RECORDED: September 29, 1941 RECORDING NUMBER: 3193689 AFFECTS: Includes other property Iof3 5. EASEMENT AND THE TERMS ANU CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: The aforesaid easement and right of way is for the following purposes namely; the perpetual right to enter and to erect, maintain, repair, rebuild, operate, and patrol one or more electric power transmission lines, and one or more telephone and/or telegraph lines, including the right to erect such poles and other transmission line structures, cables, and the appurtenances necessary thereto RECORDED: October 31, 1941 RECORDING NUMBER: 3274476 AFFECTS: Includes other property 6. TRANSMISSION LINE AND ACCESS ROAD EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: United States of America PURPOSE: Right to enter and erect, maintain, repair, rebuild, operate, and patrol one or more line(s) of electric power transmission structures and appurtenant signal lines, including the right to erect such poles, transmission structures, wires, cables, and appurtenances as are necessary thereto RECORDED: June 23, 1959 RECORDING NUMBER: 5047640 AFFECTS: Includes other property 7. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: King County PURPOSE: Right to enter upon land to construct, reconstruct, maintain and repair a bank protection and/or other flood control works, including all appurtenances thereto, together with any enlargement or P~ reconstruction thereof, and to trim, cut, fell and remove all such trees, brush and other natural growth and obstructions as are necessary to provide adequate clearance and to eliminate interference with, or hazards to, the structures AREA AFFECTED: Left bank of the Green River RECORDED: August 22, 1962 RECORDING NUMBER: 5469852 8. EASEMENT AND THE TERMS AND CONDITIONS THEREOF: GRANTEE: City of Auburn, a municipal corporation PURPOSE: To enter upon said easement for the purpose of construction and maintenance of landscape improvements including necessary cuts and fills without incurring any legal obligation or liability therefor AREA AFFECTED: Includes other property RECORDED: May 6, 1971 RECORDING NUMBER: 7105060439 9. COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS CONTAINED IN SHORT PLAT: RECORDED: January 7, 1981 RECORDING NUMBER: 8101079005 Said survey was corrected by affidavit recorded under King County Recording Number 8104280802. 2 of 3 10. Any question that may arise due to shifting and changing in course of the Green River. 11. Right of the state of Washington in and to that portion, if any, of the property herein described which lies below the line of ordinary high water of the Green River. 12. Any prohibition of or limitation of use, occupancy or improvement of the land resulting from the rights of the public or riparian owners to use any portion which is now or has been formerly covered by water. 13. Resolution Number 2357, a resolution of the City Council of the City of Auburn, Washington, approving the preliminary plat of a 134-Lot Residential Subdivision to be known as "River Park Meadows" located on the east side of "I" Street Northeast (if extended) in the 3200-3300 Blocks as recorded under Recording Number 9301201569. 14. EASEMENT AND THE TERMS AND CONDITIONS REFERENCED THEREIN, INCLUDING, BUT NOT LIMITED TO, THE FOLLOWING: GRANTEE: The City of Auburn, a municipal corporation PURPOSE: A temporary non-exclusive easement for for constructing, installing, maintaining, repairing and monitoring two ground water monitoring wells AREA AFFECTED: Said premises and does not define the exact location therein 1Pa RECORDED: March 21, 1994 RECORDING NUMBER: 9403210917 3 of 3 1 ..2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 RESOLUTION NO. 2 6 2 0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE MAYOR OF THE CITY OF AUBURN TO EXECUTE PURCHASE AND SALE AGREEMENT, DEED OF TRUST AND NOTE WITH CRISTA MINISTRIES RELATING TO THE NORTH CENTRAL BASIN IMPROVEMENTS PROJECT. WHEREAS, the City Council of the City of Auburn approved Project No. 519, known as North Central Basin Improvements, providing for storm water quality, detention and infiltration facilities between 30th Street N.E. and 35th Street N.E. east of "I" Street N.E. along the west bank of the Green River; and WHEREAS, the purchase of said property provides for full design of PR 519 and future construction of Phase 2 and Phase 3 of the North Central Basin Improvement project consisting of storm water detention and infiltration; and WHEREAS, Phase 1 of the North Central Basin Improvement project lies directly east of the Riverpark Estates subdivision and west of the Green River approximately 385 feet south of said purchase property which provides for storm water quality; and WHEREAS, the full benefit of the North Central Basin Improvement project will not be achieved without securing the purchase of this property consisting of construction of Phase 2 and Phase 3; and Resolution No. 2620 March 13, 1995 Page 1 1 2 3 4 5 6 7 9 10 11 12 13 14 15i 16 17 18 19 20 21 22 23 24 25 26 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, IN A REGULAR MEETING DULY ASSEMBLED, HEREWITH RESOLVES THAT: Section 1. The Mayor of the City of Auburn is hereby authorized to execute Purchase and Sale Agreement, Deed of Trust and Promissory Note with Crista Ministries for the purchase of Tax Parcel 000400-0098, also known as Lot D, Auburn Short Plat No. 20-80 for the sum of $1,300,000.00 relating to the North Central Basin Improvements Project. A copy of said Agreement, Deed and Note are attached hereto, designated as Exhibits "A", "B" and "C" and incorporated by reference in this Resolution. Section 2. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directives of this legislation. DATED and SIGNED this 20th day of March, 1995. CITY OF AUBURN CHARLES A. BOOTH MAYOR Resolution No. 2620 March 13, 1995 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ATTEST: Robin Wohlhueter, City Clerk APPROVED AS TO FORM: Michael J. Reynolds, City Attorney Resolution No. 2620 March 13, 1995 Page 3 fl PURCHASE AND SALE AGREEMENT In the matter of the North Central Basin Utility Improvements project, Parcel No. 000400-0098. THIS AGREEMENT is made and entered into by and between the City of Auburn; a municipal corporation of the State of Washington, hereinafter referred to as the "City", and the undersigned owner, hereinafter referred to as the "Owner(s)": WITNESSETH WHEREAS, the City affirms and the Owner(s) agree(s) that the Owner's(s') real property described herein is required by the City for the construction of storm drainage and water quality facilities. AND WHEREAS, the City has made a firm and continuing offer to pay the amount of one million three hundred thousand dollars and no cents ($1,300,000.00) under the terms of a Note secured by a Deed of Trust as set forth below, for the purchase of the following described real property in Auburn, King County, Washington: Lot D, Auburn Short Plat #20-80, as recorded under Survey Number 8101079005, and corrected by affidavit under Recording Number 8104280802, being a portion of Harvey H. Jones Donation Claim in section 6, Township 21 North, Range 5 East, W.M., in King County, Washington; TOGETHER WITH an easement for ingress and egress as provided in instrument recorded under Recording Number 8402020439 and clarified by instrument recorded under Recording Number 9007311728. NOW THEREFORE, it is understood and agreed that: 1. The owner(s) will convey to the City the real property through a Statutory Warranty Deed, free and clear from all encumbrances of every nature. 2. The purchase price for the above described property is in the amount of $1,300,000.00. 3. The City will pay normal costs of closing, such as escrow services, title reports and recording fees. Any outstanding liens, assessments, taxation encumbrances that may have to be removed to provide clear title to the City are to be satisfied in escrow by the Owner(s) out of the proceeds of the sale. 4. Delivery of this Agreement is hereby tendered. HOWEVER, the terms and obligations hereof shall not become binding upon the c City unless and until a resolution authorizing the acquisition is adopted by the City Council. 5. Terms for purchase are as follows: A) Purchase Price of $1,300,000.00; 1) Closing to be no later than May 31, 1995; H) Ten percent (10%) down payment in the amount of $130,000.00 to be deposited in escrow with Stewart Title Insurance Company; C) Remaining balance to be secured by a Note and Deed of Trust, the terms of which are as follows: 1) Interest on the amount owed shall be 5% percent per annum from the closing date until May 31, 1997 payable in annual installments of $58,500.00 on May 31, 1996 and May 31, 1997. 2) The interest on the amount owed shall be 8% per annum from May 31, 1997 until payment in full, payable in annual installments of $93,600.00 on May 31, 1998, May 31, 1999 and May 31, 2000. 3) The balance of $1,170,000.00 plus accrued interest if any shall be due and payable May 31, 2001. 4) No prepayment penalty; 5) Only recourse of City default will be repossession of the real property to Crista Ministries, free of any liens or encumbrances and returned to its original or better condition plus a penalty of ten percent (10%) of the remaining balance owed and any accrued interest. Dated this day of Ally-C II , 19~. Owner (s) The City of Auburn by: a. ar es ooth, Mayor Date: March 24, 1995 Attest: Robin Wohlhuette/r, City Clerk REF. H:\PROJ\PR519-22\E95-1 PROMISSORY NOTE $1,170,000.00 Auburn, Washington A TV Na, 1 May 31, 1995 We, CITY OF AUBURN, WASHINGTON, a municipal corporation, jointly and separately, after date, without grace, for value received, promise to pay CRISTA MINISTRIES, a non-profit corporation, or order, the sum of ONE MILLION ONE HUNDRED SEVENTY THOUSAND AND No/100 ($1,170,000.00) DOLLARS with interest thereon at the rate of 5t percent per annum from date hereof until May 31, 1997, payable in annual installments of FIFTY-EIGHT THOUSAND FIVE HUNDRED DOLLARS ($58,500.00) on May 31, 1996 and May 31, 1997. The interest on the amount owed shall be 8% per annum from May 31, 1997 until payment in full payable in annual installments of NINETY-THREE THOUSAND SIX HUNDRED DOLLARS ($93,600.00) on May 31, 1998, May 31, 1999 and May 31, 2000, the balance owed plus accrued interest shall be due and payable May 31, 2001. Only recourse of City default will be repossession of the real property to Crista Ministries, free of any liens or encumbrances and returned to its original or better condition plus a penalty of 10% percent of the remaining balance owed and any accrued interest. There shall be no prepayment penalty. Maker may pay entire amount at any time. Principal and interest payable to CRISTA MINISTRIES at 19303 Fremont Avenue North, PO Box 330303, Seattle, WA 98133-9703. If any interest and/or principal shall remain unpaid after due, this note shall become due and payable at once without further notice, at the option of the holder thereof. This note shall bear interest at the rate of 12% percent per annum after maturity or after failure to pay any interest and/or principal payment, and if this note shall be placed in the hands of an attorney for collection of if suit shall be brought to collect any of the principal or interest of this note, we promise to pay a reasonable attorney's fee. Each maker of this note executes the same as a principal and not a surety. The entire balance of principal and interest due in full on the 31st day of May, 2001. CITY OF AUBURN, WASfiIN ~N Attest: By: l.t. .~G Charles as yor a n a ueter City Clerk DATED: j'~~~-q5 r Promissory Note Page I of 1 (tegat\agree pm-cm)