HomeMy WebLinkAbout1992 - Deed of Trust - Calibuso Sandra / Erickson and Barkshire - 92093012939209301293
' First American Title
INSURANCE COMPANY
flied for Record at Request of
N _ ERICKSON & BARKSHIRE, P.S.
Address 10801 Main St., Suite 100
at, aedstilt Bellevue, WA 98004
+ a 5-- Deed Of Trust
LAWYERS compANy (For Ilse in the State of Washington Only)
WA• H
THIS DEED OF TRUST, made this.... /.day of
ton se.. - .Mom foe ■CO,orts uw,
September .. 19. , between
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SANDRA F. CALIBUSO , GRANTOR.
wh ose add reaa ia15843 — 47th Ave. S. f Seattle, WA 98188
FIRST AMERICAN TITLE INSURANCE COMPANY, a corporation, TRUSTEE, whose address is
4th and Blanchard Bldg., Seattle, WA ..98121
ERICKSON & BARKSHIRE, P.S. PROFIT SHARING RETIREMENT PLANBENEFICIARY
whom address 10801 Main St., Suite 100, Bellevue, WA 98004
1VITNFSSETH: Grantor hereby bargains, sells and convey■ to Trustee in Trust, with power of wale. the
;nllnwing described real property in }i1.11g County. Washington:
The South 65 feet of the North 130 feet of the West half of the
Southwest quarter of the Southwest quarter of the Southeast: ;carter
of the Southeast quarter of Section 22, Township 22 North, Range 4
East, W.M., King County, Washington; EXCEPT the South 3.48 feet
lying West of the East 82 feet thereof.
which real property is not used principally for agtkultural or fanning purposes, together with ell the ten-
sornta, hereditatn_ente, and appurtenances now or hereafter the onto belonging or in any wise apper-
taining, and the rents, issues and profits thereof.
This deed le for the pumow of securing performance of each agreement of grantor herein contained, and
pa a nnum of Twenty Five Thousand and no /100 Donars ($25,000.00)
.....»..»...... ». »sees. »..»sees .......
with interest, in accordance with the terms of a promissory note of men date herewith, payable to Bene-
ficiary or order, and made by Grantor, sad all renewals, modiantiona and seten.lons thereof, and also
such further sums as may be advanced or loaned by Beneficiary to Grantor, or any of iheir suoceeaore or
s.alrns, together with interest thereon at such rate as .hall be agreed upon.
To protect the security of this Deed of Trust, Grantor oomante and agrees:
1. To keep the property in good condition and repair, to permit no waste hereof; to complete any
building, structure or impronrment Woe built et about be be built thence; be restore promptly any
building, structure or Improvement thereon which may be del, $d et ; and to comply with
ell lams, ordinances, regulation, eomeenb, conditions ark! ! n trk tion. effecti ng the property.
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2. Ti. tiny hefe,re delinquent all 11 , '',thee and aseeementa rise p� y'; to keep Ow Ir' } ,r !m and clear of all ether
charltr.. liens err encumbrances in .g the security of this uor d T = •
1. To keep all buildings now or hereafter .rested on the pmsperty described iiereln cenunaesay t.. .d against lace by fire or other
harards in an einnunt not leas than the total debt Freund by this Deed of Test All polfdm Firer be held by f r Beneficiary, and
he in such cnn,.,anies as the Beneficiary may approve and have bas payable filet to the Benaldare, as Its intend may appear. and
then in the Cronin?. The amount collected under any insurance policy may be implied apes any indebtedness hereby secured In ouch
ruder es the Beneficiary shall determine. Such application by the Beneficiary shall not esass dieeonunuanos of any proceedings to
fnuerime (hie Deed of Trent in the event of foredoom, all rights et the Granter In lnnrema polela then In fora shall pew to lh•
purchaser at the foreclosure sale.
1. To defend any action or pteteedi p p purporting to offset the security hereof or the rlghlo or pavan of Benellelary or Trustee, and
In pay all mete and removes, indctdine coat of title scorch and attnrmey'a few In • resaonab(s ameant, In any each action or pro -
reeclipl.. and in any suit brought by Beneficiary to foreclose this Deed of Trust.
R. To per all Mato, kc• and npurtno in connection with this Deed of T� cia.
!minding the Fa, of the Trustee Incurred in en.
inning the obligation secured hereby and Trustee's r w and attorney's fe actw y Inearted, as provided by statute.
n. Shnulrl (Irenln? fall to pay when due coy tame, awwm,Ms. Insurance mantras. item, anossabninces or other charge Knievel
the pr^t•rrty hee•lnahrw. dwell d. Ilen,Rriarr may pay the sme, and the amount aopald, with Interest at the rate set Perth In the
note centred hereby, shall he added to and become a part of the debt secured in this Deed .1 Teel
iT iS MUTUALLY AGREED THAT: • •
I. in the event any pnrlimn net the property Is taken or damaged In an eminent domain proceeding, the online amount of the award
err such portion as may he neennery to fully satisfy the obligation areured hereby. shall be paid to Battik-Wry to be applied In said
nhl lest
2. fly acreptint payment of any Rum .reared hereby after h a this data, Beneficiary des not webs Its right to require prompt Mr-
men' when due of all other atone an centred or to declare default for failure to an pay.
3. The Trustee shall reennvey all or any pert of the property covered by this Deed of Trust to the pereon mulled thereto, on written
rrgnnt of the Grantor and the Beneficiary, or upon stir aeibn of the obligation secured and written request for reconveyanee made
hr the flenrflclary or the person entitled thereto.
4 limn default by Orantnr In the payment of any indebtedness seemed hereby or in the peeformanta of any agreement contained
herein, all attic centred hereby shall Immediately become due and towable at the option of the Beneficiary. In such evert and upon
written request of flenefidary. Trustee shall 'tell the trust property, In ,medium with the Deed of Trust Act of the State of Wash•
logien. at public. auction In the highest bidder. Any person incept Trustee may bId .1 Trustees sale. Trustee shall apply the proceeds
of the sale as Inflows: (t to the rape. of the sale. Indadung • reasonable Trustee's fee. and attorney's fee; (2) to the obligation
Rrcuresl by this Deed of T aspens.
Trust; (3) the surplus'. If any, shall be distributed to the persons entitled thereto;
R. Trustee shall deliver to the purduarr at the sal. Its deed, without wsrsnty. which shall cony to the purchaser the Interest in
the property which Grantor had or had the power to convey at the this of his accretion of this Deed of Trust, and such as he nay
have acquired thereafter. Trustee's deed shell write the facts sliming that the sale was aondected In compliance with all the rr
qulremrnts of law and of this Deed of Trust, which recital shall bs prima foci* evidence of such compliance and conclusive evidence
thereof in favor of hone fide purchaser and encumbrenoers for value.
s. The power of sal. conferred M lhie Deed of Trust and by the Deed of Trutt Act of the State of Washington is not an allusive
remedy; Beneficiary may came this Deed of Test to be toraelooed as • mortgage.
she
7. In the event of the death. incapacity. ddnhility or reelanation of Trustee, Beneficiary may appoint In writing • sucerusor trustee,
and upon the recording of such appointment in the mortgage records of the county In which this Deed of Trust is recorded, the
sure or irunees shall be sealed with all powers of tie original trustee. The trusts* is not oN4ntad to notify any party hereto of
pending sale under any other Deed of Truitt or of an action or proceeding In which Grantor, Trawls, or Beneficiary shall be • party
unless such action or proceeding is brought by the T�rtafe,
P. This Deed of Trust applies to. mores to the benefit *f, and Is binding not only on the parties hereto. but on their heirs, devises,
Irgn,rrs, administrators, met-Mora and amigro, The term Beneficiary slat f mean the hold ' ► of t' • note secured hereby,
whether or not named is Beneficiary herein.
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��'�pG� r
S. Ro t ill
to me known to be the individual described In and
who executed the wlthinotnil ! e{pt{ instrument,
and acknowledge) PJµ e.y0 .. dgnel the sane
as he t pad "cheat" act and deed,
for the uses rid purposes therein m tstlonsd.
GIVEN under my hand and ollldd seal this
day of .,... It 92 ..
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STATE OP WASNINOTON
COUNTY OP
f7� y�nt/l Hit �' �rf► y$ leaned before ere On this __.._....... day of _._,____ _... .._.._.. «..... .., It
3f „ �� �HUSO
r
before me, the undentgned, a Notary Public In and for the State of Wash-
t ti 6 . � .• . (ngton. dub can nlesioned and sworn. personally appeared..–.......—.—.
to me known to be the..,_—.Prsddent and..._._...._..,. Secretary,
rsap.ctively el_
the corperetion that 'merited the foregoing instrument and scknewlsdged
the said irstcunent to be the from sad voluntary act and deed of said corpor-
ation, for the arse and purposes therein /osntlonsd, and on oath stated that
.ntloeimd to'eceS. the said Inatruoenl and that the seal
aMiad 1. lie Corpora sail d said oceporatlon.
Witness
lwc hod and cAlda1 seal hereto eased the day and year first
above
Noti public In anther LA late gel Wash- Notary Fabric In wad tee the Stale eel WashinabwJ,
,..., a'r ,•sb i "r y a N / V f 4:r nidlrrg rt .. --
ll REQUEST FOR FULL RECONVEYANCE
De not record. Ts be used saly when nete his ken psdL
TO; TRUSTEE.
The undent ned I. the legal owner and holder of the nets and all *thee indebtedness s.e
ard be the within Deed el Bald
note, Insether with all ether Indebtedness secured by said Dad of Trutt, , I best folly paid and satided; and yea are Mt re
nurstcd and directed. on payment I. you of any ewes swig le yes under lls tens N said Deed et R1aot le snag said ease
mrnllnnr and all other evidences M Ind.Modnsw mewed by said Deed of Toms felhwred le pee herewith. weather with this said
fleet et Trust, and to reconvey, without warranty, to the paKke designated by Ore toms of AM Deed *f *rivet. all qs s lets now
held iy you tereundst.
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