Fom21 eCopt 2009 Resigntat Purchase & Sale Agreement Noto Mute Listing Sonica Revises 109| 'ALLRIGHTS RESERVED Page of RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT SPEGIFIC TERMS 4. Date:_February 22, 2010 _ MLS No.: 25131 2. Buyer: Kerry A. & Christina G, Harper,a married couple 3. Seller: Schatz _. 4, Property: Tax Parcel No(s} 2817000020 € County) Sireet Adcress:_10602 731d Ave E. Puyallup Washington 98373 Legal Description: Attached as Exhibit A. 5, Included Items: [7] stovetrange; [Z| refrigerator; C] washer; C] dryer; 7 dishwasher; [7] hot tab; wu fireplace insert: wood stove; [] satetite dish; [[] security system; [Jother — __ \ 6. Purchase Price: $_ c 5 3242, Tazo Mandvel Joutly fee Theisard ) 7. Earnest Money: (To be held by [_] Selling Broker; [7] Closing Agent) ae 25 0 Personal Check: $1,000.00 Note: 8. _ ~ ~ —— - Other (_ FS. 8. Default: (check only one) [Zl Forfeiture of Eamest Money: [_] Seller's Election of Remedice 9. Disclosures in Form 17: Buyer [7 wil: [1] wil not have a remedy for Seller's negligent error, inaccuracies, (or omissions in Form 17 10. Title insurance Company: Old Republic Title, Ltd. 14. Glosing agent: [Ja cuattied losing agent of buyer's choice: M71 The Talon Group 12. Giosing Date: 4-13-10 or semewe ie aoeslate 13, Possession Date: [Z]on Closing; (-] Other 14, Otter Expiration Date: 2240 18. Services of Closing Agent for Payment of Utilities: (Z| Requestes (atach NWMILS Form 22K), [] Waived 16. Charges and Assessments Due After Closing: [_] assumed by Buyer; [7] prepaid in full by Seller at Closing 17. Agency Disclosure: Selling Licensee represents [Yj Buyer, [] Seller; [[] both parties; [] neither party Lisiing Agent represents [7 Setter; [] bot parties 18, Addenda: 27A(Financing); ___221(Opt. Clauses);__35dnspection), _22WW(PiexceSeptic). Pax Cutiities: 42.) Polo Qo AK BE Ti tt Soler Stratus 20217 108th St. - - eyes Address Tole Aderese Bonney Lake, WA,98391____ _ Puyallup, WA _ Cry. Si. 2p iy. State, Zp 253-447-T1TO 253-219-5017, Prone Fee Phone Fae ‘Boyers E-mail Acoress Selers E-mal Aderess ~ EA Toril Sells Houses Team 1676 Williams Realty, Inc 953 Belg Boxer MS OF es MLS Offca Shelli Crosby/Toril Schoepfer 7345; 61372 Selling Ueneee (Pan LS XG Res NLS LAG Re 253-826-7508 866-743-3484 253.005.0335 866-556-0410 PE 380- Tow! cel! fee Prone reFem 24 ‘©Copyeaht 2000 Riera fureaeed ee Agent aces etry ttn Reed 8 RESIDENTIAL REAL ESTATE PURCHASE AND SALE AGREEMENT i MCHTS RESERVED GENERAL TERMS feonirve 4, Purchase Price. Buyer agre0s to pay to Seller the Purchase Price, including the Eernest Money, in cash at Closing, Unless ctherwise specified n tis Agreement. Buyer represents that Buyer has sufficient funds fo cose this sale in eccordance with this Agreement and is not relying on any contingent source of funds, including ‘unde from loons, the alo of other property, gifts, roirement, or future eamings, axcapt to the extent otnerwise specified inthis Agreement b. Earnest Money. Buyer agrees to deliver the Eamest Money within 2 days after mutual acceptance of this Agreement {0 Selling Licorece who will dest any chock to be held by Seling Erokor, or dover any Eamest Money to be beld by Closing Agent, within 3 days of receipt or mutual acceptance, whichever occurs later. i the Earnest Money is held by Seling Broker ers is ever $10,000.00 it shall be deposited info an interest bearing trust account in Seling Broker's rama provided that Buyer completes an IRS Form W-8. Interest, if any, after deduction of hank charges and fees, vill be paid to Buyer. Buyer agrees 1 reimburse Selling Broker for bank charges end fees in excess ofthe interest ‘earned, if any. Ifthe Earnest Money held by Soliing Broker is over $10,000.00 Buyer hae the option to require Soling Broker to deposit the Eamest Money ito the Housing Trust Fund Account. with the interest paid to the State “Treesures, if bth Seller and Buyer 90 agree in writing. Ifthe Buyor dove not complete an IRS Form W-0 before Selling Broker must deposit the Eamest Money or the Earnest Money is 810,000.00 or less, the Earnest Noney shalt be depested into the Housing Trust Fund Account. Seling Broker may transfer the Earnest Money to Closing Agent at Closing. Ifa or part of the Eamest Money i to be refunded to Buyer and any such costs remain unpcid, the Selling Broker oF Glosing Agert may deduct and pay them therefrom. The pares instruct Closing Agent to: (1) Provide written verification of receipt of the Earnest Money and notice of dichoner of any check fo the parties and Licensees at the addresses andio: fax numbers provided herein; and (2) commence an interpleader action in the county in which the Property is located within 20 days of a party's demand for the Eamest Money unless the parties 29f09 othennise in writing. The parties authorize the party commencing an interpleader action to deduct up to $250,00 for the costs thereot. 6. Included Items. Any of the following items, including items identified in Spesiic Term No. § i the corresponding box Js checked, located in or on the Property are included inthe sale: bul-in appliances; wall-to-wall carpeting: curtains, rapes and all other window treatments; window end door screens; awnings; storm doors and windows; installed television anieanas; ventiating, air condiicning and heating fixtures; trash compactor; fireplace doors, gas loge and 925 log lighters; inigation ficures; electric garage door openers and remotes; wale’ healers, installed electrical fixtures; ighting fixtures; shrubs, plants and troos planted in the ground; all bathroom and other fixtures; and all associated operating equipment. If any of the above Incluced items ere leased or encumbered, Seller agrees to cquite and cleor lite at or before Closing 4. Condition of Title. Unloss othernise specified in this Agreement, ile to the Property shall be marketable at Closing ‘The fellowing shall not cause the ttle to be unmarketable. rights, ‘eservations, covenants, concions and restrictons, presontiy of record and general to the area; easements and enercachments, not matorially affecting the value of or unduly interfering wit Buyers reasonable use of the Property; and reserved oll andlor mining rights. Monetary ‘encumbrances or lione not assumed by Buyor, shail be peid er diocharged by Sellor on or before Closing. Title shall be conveyed by a Statutery Warrenty Deod. If fis Agreements for conveyance af a buyers interest in a Real Estate Contract, the Statutory Werranty Deed shall include buyer's assignment of the contact sufficient to convey after acquired itl ®. Title insurance. Seller authorizes Buyer's lender or Closing Agent, t Seller's expense, to apply forthe then-current ALTA form of Homeowner's Polioy of Titlo Insurance for One-to-Four Family Residence, from the Tite Insurance Company. if Selar previously recetved a preliminary commitment from 2 Title Insurances Company that Buyer . DATE: 2s, ho : BUYER Oc Hyapenare: 222/10 8 Z oare: 2f2r[/0_ 3 pared /a2/i0 47 4 50 51 82 52. 54