Laserfiche WebLink
City of Tukwila My WebLink |HelpSearch Tips |About |Sign Out
5. CLOSING: <br />5.1 Time for Closing: This sale will be closed in the office of the Closing Agent not later <br />than twenty one (21) days from the date of execution of this Agreement (the "Outside Closing <br />Date <br />Buyer and Seller shall deposit in escrow with Closing Agent all instruments, documents, and <br />moneys necessary to complete the sale in accordance with this Agreement. As used in this <br />Agreement, "closing" or "date of closing" means the date on which all appropriate documents are <br />recorded and proceeds of the sale are available for disbursement to Seller. The Closing Agent <br />shall be. <br />Pacific Northwest Title Company <br />215 Columbia Street <br />Seattle, WA 98104 <br />5.2 Prorations; Closing Costs: Seller will pay real estate excise taxes (if any are due) and <br />real property taxes prorated through the date of closing. Buyer will pay the premium for its <br />owner's title insurance policy, the cost of recording the Easement from the Seller, and the <br />Closing Agent's escrow fees. <br />6. NOTICES: Any notices required herein shall be given to the parties at the addresses <br />listed below: <br />TO SELLER: <br />Wells Fargo Bank, N.A. <br />333 Market Street, 11 Floor <br />San Francisco, CA 94105 <br />MAC# A0109 -112, Attn.: Lease Negotiations <br />With a copy to: <br />MAC# A0109 -111, Attn,: Lease Administration <br />TO BUYER: <br />King County Flood Control Zone District <br />c/o King County Water and Land Resources <br />Division <br />Open Space Acquisitions <br />201 South Jackson Street, Suite 600 <br />Seattle, WA 98104 <br />7. GENERAL: This is the entire agreement of the Buyer and Seller with respect to the <br />Easement and supersedes all prior or contemporaneous agreements between them, written or <br />oral. This Agreement may be modified only in writing, signed by Buyer and Seller. Any <br />waivers under this Agreement must be in writing. A waiver of any right or remedy in the event <br />of a default will not constitute a waiver of such right or remedy in the event of any subsequent <br />default. This Agreement is for the benefit of, and binding upon, Buyer and Seller and their heirs, <br />personal representatives, successors and assigns. The invalidity or unenforceability of any <br />Wells Fargo/Tukwila /King County Final 3 6/29/2010 <br />