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� Tlttti P66E6li6h3; made this '�rth
<br />ihe-tVEReTT INIPRO�*EMENT COMYANY.
<br />day of
<br />No. 492 0
<br />1enuery. 1963
<br />'�" , bet�aeci�
<br />a corporatian duly orgnnizcd and existing under the lews oi tho Slnt�
<br />� ot Wonhington, hereinaftcr called Um se]]cr nnd GEUNGE n^.. BURtc�AN and LOREIVE BURf.1AN, hYn-
<br />L\ bnnd arid wlfe� -'' hcreinuticr catted tho purr,hnsrr;
<br />V� WITNF.BSETit: th�t In considcration ot thc stipulat;ona hcrcin contained, and thc pnymenU to bo mudc a� h� �c-
<br />;�inaflcr apcci[icd, the eeller hereby agrces to sell unto the purchascr the following dcacribed real property, aitueled in
<br />iY a�, h �s �� t.A portion of iho Souch��nst ono-q�aRer
<br />�'��Pj'pi sf�2�eaa��. %�nn'�ip��'ti'oi��i, kan4a 5 E.:J.A'. der, :ribad aa tollo•.� �: �� .
<br />-„ C;ommen�inq nt tho Satth otto-quartor corner of said Sectton 6; thence N 1 l0 16 �
<br />��•, alon9 the A'orth and South oonterliao ot aalo Sec. 8 for 111.74 toat to tha SE'ty r.�❑ryln
<br />'� of thc ortqinal rlqht-of-waY of Pri.nrf Stato Hiqhwey No. 1; tllence N 39°42'12" E alona
<br />�� fe�i tcrtho oxisiine dqht of wey merq n offseld P�mary 8iat tHl�hwnyhNo � l�t ho�truo �b
<br />� point � f b�qlnnln t• thCDcO N 39'42'l2" r alona thc+ evtstin `il']ht-af-�vny litto tot 151.�4
<br />� \ ioc3t to t��o westorty boun�'ary of Rlo:�k 1. �h.; I, ,- �: ,� - . t . , � r,�. • ; i5, • � �.. �:�Uv.,=" ,
<br />th�� eal�: +,�esterly :,oun�:<�ry of Elo�.k 1, � y• s�'sU" � tur L44.51 leot; tBenco S 39°42'12" '
<br />Eot 141.70 fect to the northerYy mar4ln o: 7th Stneet os shown on thc Plnt of ��rand Vie,.
<br />' Homos; thenro N 63°09'2�" �N alonp said northerly :han�irs of 7th &trcet for CS. G2 foot
<br />� to t:., ri�ht-oE-::aY margin of Primory 3tate Hl�h.tiay No. 1 os der_ded in Volumo 5'l0 0:
<br />i�r:eda, et pape 591, tecorda of Snohonish County, �+esl�i�lqton; thenco f�lloainy sald
<br />d�ht-ot-�say mar��ln 1r SO'17'46" rV for 44.98 [n�i; thon:c N 5°V'4(i` .N to� 2t.20 fuet;
<br />thence N 39•42'12" E for 124.�2 fect; th�ncu nnyl�� to tha riyht 90°DO' tor l5.^ tcet to
<br />the trvo polnt of teqinninq.
<br />($ 27 , 500. 00)
<br />The selling consideralion ie the sum of rW0(1iy�i8Y0[I T110LL3811d FLVB HUntl(0ci� Dollers, of which sum
<br />thc purchascr has paid thc sum ol
<br />PLVA HLLRdMd - - (SSOC.00� - - Dollara.
<br />And the purchaser, in consideration o! the premises, hcreby agrer: to pay the seller, at its office in Everett Wesh-
<br />ington, the remaining principal, with interest at thc rate ot - 6- Fcr cent per annum nt the times and in the manner
<br />Tv.o Hundrod :wo ertd SO/1G9tha L�ullar3 (S202.50) on or beEore htay 15,
<br />���i°k;'"�lhticii���vi11 ba tho 1ntQr�r,t only(Q r thopq rSod trom Febru•rty 1, 1963 to A7iy 15,
<br />t9G3; then Tcvo Hundred Fifty Dollnte (5250.00) ot mpre on vr i,cf�ro th� iSth daX of
<br />Juno, 19G3; thon fwo Huadrod I'ifty Dcllars (S�a�i.00) or i�or�= on :,r totun� the loth �ay
<br />ot oach nnd every mo�th thoreotier untA iho roma:ninq Ualanco hos ��esn pnid !n full.
<br />In addltion to the eCove monthlq pr.ymenta tho follohlny�yoarly peymer.tr wtil be �nc+uo
<br />o�i U�o prinatpel of tht� co�tract• Twelva Iiundrod Dollqra {51, 200.00) on or be[or:
<br />S��ptomber 15, 1954• T.velvo Hund[o i:k�llars 151,200 00� on oc LeEom_ Soptembae l5,
<br />l9uSa 4nd T�•+olvo I�undred Dollars (�l, 200.Q0) un or bc�t �ra Saptomber 15, 1966.
<br />Interest ia pnyab:o montlily and !e lncluded !n eech payment hocea:ter mndo so cii �t.
<br />each paymont as madc� shull bo appllad itrst !n paymont of intorost occrued and thr, ru-
<br />malnder tov;ardc ihe toduction of the princlpal.
<br />And ihe snid purchascr, in considerntion oL the premises hereby agrees that he will regu)arly anQ scosonabiy� p;n'
<br />all tases and assessmenls which may be hercntler lawfully imposed uryon said Aremises, nnd in case of his failw c sn
<br />tu do, thc sellcr m¢3'� at ils option, c�thcr dedarc ihis coniract forfeiled ns hcreinaflcr described, or m:�y P�5' ���"
<br />said taxes nnd nssessmenls, in which event this contract shnll etand as neeurily for lheir re-p�ymenl Uy the purclm:.cr,
<br />with iulcrcst from ihe datc o[ payment nt lhe r. lc of onc pec cent per month, or thc scllcr, at its upLun, m�r; du
<br />nalhcr.
<br />in the case the purchastr, his kgnl representatice or �;signs, shall paY the several r.ums ot money punctua�ly ac�.
<br />et tho sevcrel times above speci[ied, and chall sLricUy nnd Itterally pertorm nll and singular the aqreements �u•.�1
<br />stipulatians'�ercin contained, according to the ttue intent ond tcnor thereof, ihen the e��aid scller shall make and d�.�
<br />licet unlo t`�e said purchascr, his hcits or assi�ms, upnn request, at ihe office nf the sdler, and upon the surrec�i�r.'
<br />ot this agreement, n deed com�eying said premises in fee s�mple, v: ith 1he nrdmary covenants ot w:�rranty; exceplm;t.
<br />howe�•ce, from the operation nnd eubject matter of �aid cavrnants ell taxes and ursessmcnts becamin� duc after thc
<br />date of thi � contract, and all licns atid encumbrancrs crcated or imposed by =aid f?urchoscr, or his n:,si�;ns. Snid deecl
<br />ahall also be made subject to all resttictions, or.ceptions nnd ]imilations set forqi m this contract.
<br />Putchazer assumes all risk of damage to or ehange in the condition of the property herein deseiibed.
<br />REAL E��AT�,�,�A��
<br />n+,t^'�"�r raio . � ;=,'
<br />RE^Elf�l t�U.��<_L�.,
<br />FER 2-1963
<br />�� �� Snph�ma �a� Tmas���r
<br />�� ��'
<br />OY�" pEu,��y
<br />�'
<br />IIut in ca:;e thc purchaser ahall fail to make qic P��Ymcnts a[oresaid or anp o[ lhem, pu� �
<br />sttict tcrme, ond at tlic tfmc+ nbovr. �pecitied, and lilcoa•isc pertorm und rnmplete nll nnd cach
<br />nlipulutions nforesaid, s,triclly nnd litcrally, withaut anS' failure or default, �l bein6 exprcrsly
<br />that time fe of the esscnce n[ this contract, mid tlie pertunnnnce of cach and every ot the coc
<br />un thc Pnrt of thc P�irchuser hercinbefore conlaineJ, is ns much 1hc considcrntiur. nf this contra
<br />cedent, ns the payment at the purchase mnnep at the times and in the minner ufotes�id, thet
<br />the riGht to dedare piis agreement null nnd void; tehicli dederutiam m�y be m�de bp n��lice si
<br />qm seller, or by.il, succes:nrs m intetesl, nnd nililrrau�i to the Purchnser, directed to the P
<br />nnd depositcd, w�lh thc postage Prepnid, In the posto[ficc at F.vcrett, Wnshington, �vhich �hnll
<br />sufficirnt nnticc ot :vclt foriciturc; nnd in casc ot suclt dcclaration o[ for[citutc nll thc ri�hl
<br />crcatcd or Ilteu rxistini, in fn��nr u: liia said purchaser, or drrieed tmder thi; ngreem��nt, :�I��11 i
<br />Ily and upun the
<br />s a6�cements and
<br />rstood and ngrced
<br />s and :�gmements
<br />1 a condition pro-
<br />seller shali have
<br />by any o[ticcr oC
<br />�icc mm�rd belo�v
<br />�itutc � qood anJ
<br />1 inicrest hcreb��
<br />• cca:,e and dclr.t-
<br />
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