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. . � � .. - - . .. . � i.�l�_ . � . . , . .. � O�
<br /> � c� Q r,,, NU EXCiSH 'i'AX
<br /> O e.r Fr (7 REQUIRED
<br /> 900�`�� 011lOCo �
<br /> ,�r�Y ;?� 1990
<br /> TRUST6G'S DEED IRI�' �� �S :+��� %%5 :�! ' Ti ilC:f
<br /> . i� �._ .
<br /> [;• _' — - 1 �
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<br /> TIIE CRANTUR, R. SCOTT IiUTC1II50N, as preeent Truatee under that
<br /> Deed of Trust, as hereinafter particularly descrlbed� in
<br /> considerntion of the premiees nnd payment, recited below� hereby
<br /> gronta and conveys, wil:hout warranty, to: LEE IIINDS. GRnNTEE� that
<br /> real property eituated in the County oE Snohomish, State of
<br /> Washington, described es followa:
<br /> P�RCGL n
<br /> Lot 43, Maple � Ileiglita, accordiny to the plat thereof
<br /> recorded in Volume 10 of Plnts. Page 23, recorde of
<br /> J Snohomish Countyr Washington; EXCEPT the North 1/3 ,
<br /> thereof; also EXCGPT thc South 1/7 thereof7 nlso F.XCGPT
<br /> the Reaterly 160.00 fect thereof. (nlso known as Lot 3
<br /> oE Short Plats recorded npril 28� 1986 under nuditor's
<br /> File No. 8604280455. .
<br /> PnRCEL 0
<br /> nn eaeement for ingresa, egresa and utilitiee over, -
<br /> under� and across the Westerly 170.00 feet of the
<br /> Easterly 100.00 feet of the Northerly 20.00 fezt of the .
<br /> Southerly 83.J8 feet, as mcasuced along the East line of _
<br /> • sald Lot 43; E%CEPT that portion lying within the above- .,
<br /> described Parcel T. �'�;�
<br /> RECIT11L50 +
<br /> t, TIiIS CONVEYANCE is made purauant to the powera, including
<br /> the power of sale. conferred upon said Trustee by that certain Deed
<br /> of T[uat between COANER-STONE I�OMES �ND PROPERTIES� INC.� n
<br /> Washington corporation, as Grantor, to FIRST AMERICAN TITLE
<br /> INSURANCE COMPANY� as Trustee and CITY BANR, a Washington
<br /> corporation, as OeneEiciary, dnted March 29, 1989, reeorded
<br /> Harch 31 , .1989, as No. 8903310278, in Volume 2217, �Page 2587,
<br /> records of Snohomish County� Wnahington. -
<br /> 2. Said Deed of Trust aas executed to secure, together with
<br /> other under.takings, thc payment of one Promiseory NoGe(s) in the
<br /> aum oE 572,800.00, with interest thereon, according to the terme
<br /> thereof, in favor of CITY BANK, and to secure any other sums of
<br /> money wh:ch might become due nnd payable nnder the tecros of eaid
<br /> Deed of Trust.
<br /> 3. The described Deed oE Trust provides that the reel
<br /> property eonveyed therein ie not used principelly Eor agricultural
<br /> or farming purpoaes.
<br /> 4. Oefault I�aving ocaurred in the obllgatlone aecured and/or
<br /> covenanta oE the Grnntor as set forth in "Notice of Trustee's Sale"
<br /> described below, which by the terms of the Oeed oE Trust made
<br /> ooerative the power to sellr the 30-day advance "Notice of Default"
<br /> w:�s transmitted to the Grantor or hls succeesor in interest� and a
<br /> copy of said Notice was posted or served Sn accordance with lav.
<br /> S. CITY DANR, a Washington corporation, being then the
<br /> holder of the indebtedness secured by said Ueed of Trust, delivered
<br /> to said Trustee a aritten request directing said Trustee to sell
<br /> the described property in accordance with law and terms oE said
<br /> Oeed of Tcust.
<br /> � 6. The deEaults apecified in tlie "Notice` of Defnult" not
<br /> having been cured, the Trustee, in compliance aith the terms of
<br /> said Deed of Truct, executed and on February 5, 1990� recorded Ln
<br /> the office oE the nuditor of Snohomiah Caunty� Nashington, a '
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