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<br />Be�„q,T„ REAL ESTATE CONTRACT
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<br />(CORPOgATE FOgM A•1964) � � � �
<br />THIS CONTRACT� made and en�ered into this �.%t�l day of October, 1974
<br />befween FIRST LAND BANQUE OF WASHING'tON, INC.
<br />hereinofter callod the "sallar," ond
<br />�RNEST H. ZIEGLER and GIENDA L. ZIEGLER, hie wife,
<br />hareinofter cqiled the "purchaser,"
<br />WITNESSETH: Thot the seller aBrees to sell to the purchaser and the purchasor cgrees to purchase from ihe sellc� iiie
<br />(olluwinp descri6ed reul estate� with Ihe oppurtenances, in Snohomish County, S1ate o( Waahington:
<br />Lot 37, as shown on sw�vay recorded in Voluu�e 1 of Surveys, pa�e 58,
<br />under Snohomish County Auditor's File No. 2319097, recorde of the
<br />County of Snohomieh, State of Tdashington, located in Section 23,
<br />Township 29 North, Range 6 East, YI.M.
<br />Together with noa-er.cluaive easement rights for ingresa and e�ress and
<br />utilities, over, under, along and across that certain tract of lan�l
<br />deacribed in ii;strument recorded on August 8, 1974, :utder Auditoi�'�,.
<br />File No. 2352670.
<br />The terms and ccnditions of Ihis contract are ns follows: The purchose price is Ten ��housand Five
<br />Hpu�.�n,,d"red and no/1�00�7-y-yI------------ cs10, 5U0.00 ) �aiio«, of whi�l
<br />vicr;.��-Cet�LlrC.Cf� J���6� y�.L'D ""—"""' E�. ������'S� ) Dollars have �
<br />been paid, the re:e�p whereo( iz herdby6cknowledge ond the balance of said purchase pii�'a s a I be paid as (ollows:
<br />-------�Ninety-five and no/100--------------------(t 95.00 ' >ooue�s,
<br />or more at purthozer's option, on or before ihe �.%ttl day of Novembe:r , 19 %�F �
<br />a�a------Ninety-five t�nd no/100------� -------------K 95.00 ) o�����•,
<br />cr more af purchoser's option, on or bo(ora the 1%til doy of each succeeding calendor monih until the balance of said
<br />purchase price shall hava been fully paid. The purchozer further agrees to poy interest on iF�e diminishinp balance of said
<br />purthose price al the rafe of 9 per cent per annur (rom the , �.%t�1 doy of Oeeober , 79%�i
<br />which inl�r�s� shall be dedvclad (rom each in�follmonl po/menl and ihe balvncv�of each payment'appliod in reductlon oF
<br />principal. � . ,
<br />All poyment: to be madn hereunder slioll be made at ���.020 L0�8❑ Bll�.�.(��17� p Seattle, j1TEi 981��.
<br />or ai such other place as fhe selier moy diroct in writinq.
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<br />-As re(erred to in this contract� "date o( closing" sholl be ivanediatel�_^,
<br />(1) The purchaser assumez and agrees ro poy be(ore delinqumcy all taxes and asseasn.mi�s �haf may os be�we:n ;�cntor
<br />ond grontce hereafter betomc a licn on said roal asfate; and il by ihe terms of ihis <omra<t Ihe purchaa.cr has assu��ed pay-
<br />ment o� any morigage, conlracf or other encumbrance, or has assumed payment of or agreed to purchose subject fo, uny toxes
<br />or assessments now o licn on said real eslate, tha purchoacr agrcos to pay the some ba(ora dnl�nquency.
<br />(2) The purchaser ogrecs, until thc purchase price is (ully pnid� to keep tha buildings now nnd hereofter placed an said
<br />real esiafe insured to ihe octual cash voluc therco( ogains� loss or damege 6y bolh fire ond +:'�vdcmrm in u cmnpony accept-
<br />�obie to f6e seller and for ihe seller's bene(it, as his interest may appeoq and to pa;• ell premiums th.crofor ond to deliver oll
<br />policies and renewois thereof to the seller.
<br />(3) Tho �urchaser agroes tha� (ull inspection o( said real estate has beem m�de anJ iLae neilher ihe aeller nor his azsigns
<br />�hall be hc d to ony covenant respecting thc condition oF any improvcr�en•s ihcrcon �:or :holi ihe purchaser or scl�er or ihe
<br />___i__- _� _;.�._- �._ G.Id .� ��� r��.���� n. ovn�ment (or alterations, imvrovamenfs or ropain unless Ihe covenanl or agroe-
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