1939 Real Estate Contract Horton Brackett 2WASMKMMX Farm L 37
T= IKsuRAr n REAL ESTATE CONTRACT
Core
THIS AGREEMENT, made and entered into this day of
between Horton Brackett and Uargaret Brackett,his wife
hereinafter called the "seller," and Edmonds School District H0.15,Snuhomish County
WpLigingtop,r t�13 Di iato,arcr#'a and B'A•Zichtenstein,Seo. and H.Robert
reosaid :,Tool Diutrict.
hereinafter called the "purchaser,"
WITNESSETH: That the seller agrees to sell to the purchaser and the purchaser agrees to purchase of the
seller the follo«ving described real estate situate in the County of Snohomish , State of Washington, to -wit:
That portion of Govt.Lot 2,3ea.24,Ttwp. 271 N-R.g 3 east, lr. i. described
as follows: Beginning at a point at the intersection of the north line
of Glen street with the east line of Sixth Street as shorn on pL%t of
Braokettts First Addition to the City of 1s'dmond.a; thence running east,
along the north line of Glen St. a distance of (135 feet) ; therio-a north
Parallel to the east line of Sixth St., a distance of 90 feet,more or leso,
to the south line of the George S.Brnokett property; thence running finest
a distance of 135 feet to the east line of :sixth Street; thence running
south,ral.ong the east line of ;sixth Street, 90 feet,rnorr, or leas, to the
true point of beginning.
with the appurtenances, on the following terms and conditions: The purchase price for said described premises
Six Hundred and 'i0/1c)0-•--_-_--_________
is the sum of � � Dollars ($ 600. CO )
of which the sum of F 1 fty and f;01100----------- Dollars ($ 50.00 )
has this day been paid, the receipt whereof is hereby acknowledged, and the balance of said purchase price in the
sum of Five hundred Fifty and N01100------------ Dollars ($ 550.00 )
shall be paid as follows: iMO.00 without interest in due and payable on or
before Aug.1,1939
The purchaser assumes and agrees to pay before delinquency all taxes and assessments that may as between
grantor and grantee hereafter become a lien on said premises.
The purchaser assumes all hazards of damage to or destruction of any improvements now on said land or
hereafter to be placed thereon.
The purchaser agrees,'until full payment of the said purchase price, to keep all buildings on said described
premises insured to the full insurable value thereof against loss or damage by fire in some company acceptable
to the seller and for the seller's benefit as interest may appear and to pay all premiums therefor and to deliver
all policies and renewals thereof to the seller.
In case the purchaser shall fail to make any payment hereinbefore provided by the purchaser to be made,
the seller may make such payment and 'any amount so paid by the seller, together with interest thereon from date
of payment until repaid at the rate of twelve (12) per cent per annum, shall be repayable by the purchaser on
demand, all without prejudice to any other right the seller might have by reason of such default.
The purchaser agrees that full inspection of said described premises has been made and that neither the seller
nor assigns shall be held to any covenant respecting the condition of any improvements on said premises nor to
any agreement for alterations, improvements or repairs, unless the covenant or agreement relied on be in writ-
ing and attached to and made a part of this contract.
The seller has procured or agrees, within ten days from date hereof, to procure from Washington Title
Insurance Company a purchaser's policy of title insurance, insuring the purchaser to the full amount of the
said purchase price against loss or damage by reason of defect in the title of the seller to the said descril ed prem-
ipes or by reason of prior liens not assumed by the purchaser under this agreement.
The seller agrees, on full payment of said purchase price in manner hereinbefore specified, to make, execute,
and deliver to the purchaser a good and sufficient deed of said described premises.
Time is of the essence of this contract. In case the purchaser shall fail to make any payment of the said pur-
chase price promptly at the time the same shall fall due as hereinbefore specified, or promptly to perform any
covenant or agreement aforesaid, the seller may elect to declare forfeiture and cancellation of this contract and
upon such election being made all rights of the purchaser hereunder shall cease and determine and any payments
theretofore made hereunder by the purchaser shall be retained by the seller in liquidation of all damages sustained by
reason of such failure. Service of all demands, notices or other papers with respect to such declaration of forfeiture
and cancellation may be made by registered mail at the following address, to -wit:
or at such other address as the purchaser will indicate in writing to the seller. Or the seller may elect to bring
action, or actions, on any intermediate overdue installment, or on any payment, or payments, made by the seller
and repayable by the purchaser, it being stipulated that the covenant to pay intermediate installments or to pay
items repayable by the purchaser, are independent of the covenant to make a deed and that every such action is
an action arising on contract for the recovery of money only, as if the promise to pay had been expressed in a
different instrument, and that no such action shall constitute an election not to proceed otherwise as to any subse-
quent default, and no waiver by the seller of any default on the part of the purchaser shall be construed as a
waiver of any subsequent default.
IN WITNESS WHEREOF, the parties hereto have executed this instrument in duplicate the day and year
first herein written.
...... .�.... SEAL
5
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---------- (SEAL)
r
-------- 1.u..:.---........ __.... .......... _..................... SEAL)
STATE OF WASHINGTON, )
)SS.
County of =%nohomish )
On this day personally appeared before me Morton Braokett and 1.1argaret Braokett
hiu wife
to me known to be the individual $ described in and w�Q executed the within and foregoing instrument, and
acknowledged that Lney signed the same as riel r free and voluntary act and deed, for the
uses and purposes therein mentioned.
GIVEN under my hand and official seal this �. ( - day of
.2"-. 43 .
Notary Public in and for the State of Washington,
Form L 37 residing at _1' d!nonds
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