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Home My WebLink About2003 - Deed of Trust - Build and Design Group / Roberts Morton - 20030820002128MAY. 25. 2006 12:26AM 20030820002128 MORTON & fannie roberts 7537 SEWARD PARK AVB S SEATTIB, WA 98118 RE Grancoz e) Build L Design Group, INC dewenbed read property la Xing :ass I 2003 8200 OLD p T PT StZ /7BII3 14,25 K COUNTY, WA Deed of Trust (I•nr I lse m the 5I eta of Wnchmgtnn Only) THIS DEED OP TRUST, made dw day of A "guar 15, 2003 between GUILD S. DESIGN GROUP. INC , a Wastungon Cerporaaon wbnce naldrecc r P t)_ W:h 9(1G 'Al 1 I ('I I Y, WASi IINGi UN GARY Ir SCIIURTL - Attorney at Lan, TRUSTER, whose address is 19uo8OUlts PIaGILIDRIVE, SIUIIEZUti, MUI.AWIN, WASHINGION 9NU5S, 25.00 28 cl23 (hhareele) RCM:ULAN, MULLION 8i bANNIS Legal Descrip Lt 5, BI 1, SQUIRES REPLAT OF PART OF TRACT 33, and Ptn of Tract 45, RIVERSIDE YNTERMAN TRACTS accecte's IsncPercclI I) No 794520 -0020; 734060 -0662; 734060 -0661 GRANTOR. and MORTON R013BILTS and TANNIC ROBERTS, husband and wife, Trustees of TTl[l MORTON AND CANNIE ROBERTS TRUST , BENEFICIARY, whoao adnre:e n 7527 SEWARD PARK AVE S SEATTLE. WA 98118 WITNESSCTI[ Oranter hereby tangoes, sells and conveys te Trustee mTrust, math power ofsale, following County, Wathmgtoe LEGAL DESCRIPTION attached hereto as "EXHIBIT A" and incorporated herein by this reference thereto. OLD REPUBLIC TITLE IJD. 07 8 3$b - 1 en-8 52- 1 what te4 mime* lb awl wed Drmstpolly as atatc,uUamil ur Ilanoug prawns, together wnh 411 Die !enemy hcrcdthaznenta and eppt11caencee now er harcaftaar therm= belonging or in ten Woe appertmns g and to rents, issues and profits thereof This &m in for Ibis Datpose of sacomrg perfotmance of each aRreemeal of grantor heroin conlamed, and paymant of the stmt of FIVE HUNDRED THOUSAND AND 001100 Dollers (5500 ODD 0D) with interest, in accordance with the terms of a promissory note of even date herewith, payable to Bencdcatty or order, and made by Grantor, and all renewals, mod(fioamons and c:tensions Iherco& and ales such further sums as may be advanced or leaned by NO. 1314 P. 46 2GYJVU/ uuu-128.L. . MAY. 25.2006 12:26AM r Beneficiary to Grantor. or any of they meccasson or assigns, ingather with intarast thereon at sthoh Tate as shag be agreed upon To prated the cecunly of Iona f)ced (direst. aninhrr covenants and agrees I To keep the property in good conddton and repair, to pctnut no *ono thereof, to complete any budding , structure or improvement betng built or about to be both thereon. to rottorc promptly any building structure or Improvement thereon which may be damaged or destroyed, and to comply with all laws, orsinenoe$, Tegulaltons, covenonIS. conditions and rerulobona accent the property 1 To pay before delinquent all lawful tatter and cesessme= upon the property. to keep the limpets' free end clear et all nfher them, bane or enewi nnpamng the eccui ly of this I )cod of I nowt ) To keep all buddelga Iona or hereafter erected on the property dmenbed herein continuously insured windlass by dm or other hazards ern an =mint not less than the total debt neural by this Deed of Trust All policies shall be held by the I4enefiaary, and be in web onmpemee ne the HeneReory may approve anti he'vc Icaa payable rut to the Beneficiary, 05 to Imaresl may appear, and Man the Grantor The =own collected under any Insurance pulley may be applied upon any indebtedness hereby secured in melt order as the Denofieiary shall detemtme Such epphcatton by the Benefioary shall not cause dust onbeuanoe of any proccedmgs to foreclose Qua Deed of Trust In the event of Inrerlrwue, RP ne h of the (ranter m insurance policies than in fbn;e shall pass In the purchaser at the hhreolosare sale 4 To defend any action or proceeding porportmg to affect the sechmtyhereof or the nghts or powers of Benefietery or lruatee, and to pay all costs and expo i ca, mcludoug coat retitle search and attorneys fees in a reasonable amount, m any such action or iirOceettut, tmd m any sus brought by Banellci ry w foreclose this Deed of Trust 3 To pay all Boss, tees end expenses ut connection with this Deed of Tact, =hiding the expenses of do Trustee monad in enforcing the nhhpplinn secured hereby and Ivustae'a and annmey a fees nobtany scored as provided by shale 6 Should °tutor Rol to pay when due any taxaa, assessments, insurance premiums, bins, encumbrances or other ohRrgee sjunsl the prepeny heromnhnve tte.cnhed Hencficiery may pay the same, and the wow so petit, with interest at the rate set Jhrdu m the note centred hereby, shall be added ro and become a part of the debt secured to tins Deed of Trust rf IS MUTUALLY ACRBBD THAT I In the event any posnon of the property u taken or damaged in as eminent demom proceeding. the snore amount of the award or such portion as may be necessary to filly satisfy the obligation secured hereby, shell be prod to Bent& nary to be appbed to said obhgabon 2 By accept= payment of any sum Uttered hereby after its due date, cusy does not wawa Its right to rapture Prolog paymalt when due of all otrw sums so secured or to depicts default for failure to so pay ti The power of tale eonforred by diet Deed of Trust and by the Dead of Trust Act of the State of Washington is not all exohrcrvc r medy, lkehaficmry tnay cause this Deed nI I net to he foreclosed as a mortgage In the event of the death, =speedy, disability or resignation of Trustee, Denefictary may appoint in wnang a successor trustee, and upon the recording of inch appointment in the mortgage records of the county in winch this Used of I nut Is recorded, the suocessnr trustee shall he vested with all powers of the crowd none I ha trance is not obligated to roily any pany herein of pending sale under any other Deed of Trust or of any ocean or proceeding mwtueh Grantor, Trustee or Beneficiary shall ha party unless such aelton or proceeding u brought by the Trustee NO. 1314 P. 47 2 lava VYf..25 ,.._ " ,, �•s wy. . „t 14 I e mciee mNey,gil:nr an Ints;af. pro+paty covered by lhta.ITectf of Muir to t person ahead. thcee, on';piriaeti l'eylieat the MAW:- taW the Bcfla$gfety; or upon sandmen of die obltganon secured and waft s% For meatveyance mode by the Donalaaty orlhe person entitled thereto 4 Upon default by inanity in the payment of any mdebtcnnesa sewed hereby or in the performance or any agreement contained harem all sums secured thereby shad tmmedtalaly become due and payable at the option of the Denefioiary to such event and upon watt= rectum of Uenefivary, True= shall sell the nut property. m accordance with the Deed of Trust Act of Use State of Weshutgcoa, at public auction to the highest bidder Any t e f I ! ice„may Inukde vile _ 1r bee ahnll apply Ie rgnoeedg of ilia ask at fame (1) to the e7 4e eFshc a nssoasb e� e's' o - e c d er . ( y l toahn ohli 3 " ' s flue b` �' " _ .. i " - a , 'chi r I - la S etsoosxn a - _ ... • Trost, and such as he leap have ecgmred'thereaRer Trustee's deed shall recite the Rats showing that the salt was conducted in egtnpbence wilh all the tequtttorents of law and of this Dead of Trust, which reoual aludl be prune fame .cadence of sash compliance e and omiduswe•cvidetice thereof m favor of bona fide purchaser and•eocumhraneers for value MAY. 25.2006 12:26AM 8 TIM Deed of Trust applies to inures to the benefit and is The B� not Uonly o n h pa h er in, holds] their here deleseee. legatee]. ednumetratoa3. executors aastgric mecum of the note seeuredhereby, whether or not named as Beneficiary harem 9 DM ON SAT.$ In the event that nil nr and part of the property cectlred hereby, nr Rey interest therein, n add or oihctwtse troasfbtred by Grantor without Beneficiary's prior women consent. Then the note secured hemby, tog e= with all accrued mtefest, shell be due and payable at once without further nonce or demand at the option of the Ileneficwty berdnadcr statilttVreshlngion County of leans 1 u On this /9"' day of �a a -r 14 before me, the undersigned. a Kotaty Public m the State of 1Vaehmgton. duly cotummmoned and sttroPl prrsonnllY appeared KENNETf i l: lCB\IP tome known to be the Secr etary, of BUILD &DBB1 N GROUP, IIdC, the corporation that executed the foigomg instrument and admowledged the said instrument to be the floc end vebminry act and deed of sold co;porotton, for the user and . ems theme =Weird aide, Mb tired flit he wee me r o eaeade titre told morrow and lbw the anal a(Pored n Ibe etttpottac sal of said earpomosa W1111011 iteR my hand and effuW ILO hereto odfucd the day REQUEST FOR FULL RECONVEYANCE pa not rico, d To be ar.d only when note hos boo paid TO TRUSTEE :. ,... The undersigned is the legal owner and holder ate note and all other indebtedness secured by the within Deed of Trust. Said note, together with all other utdebtedneas mewed by said Deed of Trust, has been fulls paid and sbsfied, and you ate hereby requested and duccted,. oa payment to you of any stuns owing, to you wrdci die terms of scud Deed of Trust to =cal said now above mentioned, and oft other evidences of indebtedness scoured by amd Deer] of Trust delivered to yeti herewith, together with the said Deed of Trust end to =convey, without warranty, to the patty designated by the terms of stud Deed of Trust, all the estate now held by you horcnndcr Dated ,19 / /rl •otary l'ubbe to •# for dta S . • of Ws glt. .. 6 ul Anbtart Comnunion exptrxs #