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HomeMy WebLinkAboutAgreements/Contracts - BOCCBorrower's Estimated Settlement Statement Frontier Title and Escrow Co, Inc. 324 South Ash Suite F Moses Lake, WA 98837 Phone: (509)764-2368 Fax: (509)764-4179 Close of Escrow: September 8, 2023 Escrow officer/Closer: Cheryl Vanden Bos Escrow Number: 34838 -GR Borrower: Grant County 07/01/23-12/31/23 P.O. Box 37 Escrow/Title Charges Ephrata, WA 98823 Seller: Karl Kelly Northrup ERecording Fee (B) to Frontier Title and Escrow Co, Inc. 21 C Street SW Recording Charges Ephrata, WA 98823 Property Location: 21 C Street SW Miscellaneous Debits/Credits Ephrata, WA 98823 Borrower Debit Credit Financial Consideration bale Price of Property 445,000.00 Deposit 107000 00 Prorations/Adjustments County Taxes 993.06 07/01/23-12/31/23 Escrow/Title Charges Settlement FeeMire Courier to Frontier Title and Escrow Co, Inc. 676.41 ERecording Fee (B) to Frontier Title and Escrow Co, Inc. 10.84 Recording Charges - Recording Fees to Grant County Recorder 204.50 Miscellaneous Debits/Credits 2nd 1/2 Taxes Due to Grant County Recorder 0.00 Subtotals 445,891.75 10,993.06 Balance Due FROM Borrower 4347898.69 TOTALS 445, 891.75 445, 891.75 Borrower Grant County BY: 6077: :> w' U"2 3 Rob Jones Chair BY: Cindy iter Vice ,hit Danny Stone Member Printed on: 9/6/2023 8:33:33 AM by Marlen Gomez 34838-GR/73 Page 1 of 2 Borrower's Estimated Settlement Statement Frontier Title and Escrow Co, Inc. Settlement Agent Printed on: 9/6/2023 8:33:33 AM by Marlen Gomez 34838-GR/73 Page 2 of 2 Department of Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61 A) Revenue i- 'Woshington State Only `for sales in a single location code on or after March 1, 2023. This affidavit will not be accepted unless all areas on all pages are fully and accurately completed. Form 84 0001 a This form is your receipt when stamped by cashier. Please type or print. ❑ Check box if partial sale, indicate '% sold, List percentage of ownership acquired next to each name. Seller/Grantor 2Buyer/Grantee Name — Karl Kelly Northrup,_ as his separate estate Name Grant County, Washington, a quasi governmental agency Mailing address21 C. Street SW Mailing address P.O. Box 37 City/state/zip Ephrata, WA 98823 City/state/zip Ephrata, WA 98823 Phone (including area code) 509-434-8804 Phone (including area code) 3Send all property tax correspondence to: El Same as Buyer/Grantee Name Grant County, Washington, a quasi governmental agency Mailing address P.O. Box 37 City/state/zip Ephrata, WA 98823 45treet address of property 21 C Street SW List all real and personal property tax Personal parcel account numbers property? 140905000 ❑ Assessed value(s) This property is located in Ephrata [for unincorporated locations please select your county) El Check box if any of the listed parcels are being segregated from another parcel, are part of a boundary line adjustment or parcels being merged. Legal description of property (if you need more space, attach a separate sheet to each page of theaffidavit). Lots 1, 2, 3, 4, and 5, Block 12, Third Addition to Ephrata, according to the plat thereof recorded in Volume 1 of Plats, Page 13, records of Grant County, Washington 5 Land use code59 - Tenant occupied, commercial properties 7 List all personal property (tangible and intangible) included in selling Enter any additional codes price. (see back of last page for instructions) Was the seller receiving a property tax exemption or deferral under RCW 84.36 84' 37, or 84.38 (nonprofit orgisenior If claiming an exemption, list WAC number and reason for exemption. citizen or disablec person, homeowner with limited income)7 11 Yes ® No WAC number (section/subsection) is this property predominately used for timber (as classified Reason for exemption under RCW 84.34 and 84.33) or agriculture (as classified under RCW 8434.020) and will continue in it's current use? If yes and the transfer involves multiple parcels with different classifications, complete the predominate use calculator (see instructions) 1:1 Yes ® No 6 Is this property designated as forest land per RCW 84.337 11 Yes ® No Type of document Statutory Warranty Deed Is this property classified as cur -rent use (open space, farm Date of document and agricultural, or timber) land per RCW 84.34? El Yes ® No Gross selling price 445,000.00 Is this property receiving special valuation as historical *Personal property (deduct) .00 property per RCW 84.26? 1:1 Yes ® No Exemption claimed (deduct) .00 If any answers are yes, complete as instructed below. Taxable selling price 445,000.00 (1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE) Excise tax: state NEWOWNER(S). To continue the current designation as forest land or classification as current use (open space, farm and agriculture, or Less than $525,000.01 at 1.19y 4,895.00 timber) land, you must sign on (3) below. The county assessor must then From $525,000.01 to $1,525,000 at 1.28% .00 determine ifthe land transferred continues to qualify and will indicate by signing below. If the land no longer qualifies or you do not wish to From $1,525,000.01 to $3,025,000 at 2.75% .00 continue the designation or classification, it will be removed and the Above $3,025,000 at 3% .00 compensating or additional taxes will be due and payable by the seller or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to Agricultural and timberland at 1.281 .00 signing (3) below, you may contact your local county assessor for more information. Total excise tax: state 4,895.00 This land: 11 does 11 does not qualify for 0.005 Local 2,225.00 continuance. *Delinquent interest: state .00 Deputy assessor signature Date Local .00 (2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY) `Delinquent penalty, .00 NEW OWNER(S): To continue special valuation as historic property, sign Subtotal 7,120.00 (3) below. If the new owner(s) doesn't wish to continue, all additional tax *State technology fee 5.00 calculated pursuant to RCW 84.26, shall be due and payable by the seller or transferor at the time of sale. Affidavit processing fee .00 (3) NEW OWNER(S) SIGNATURE Total due 7,125.00 Signature Signature A MINIMUM OF $10.00 IS DUE IN FEE(S) AND/OR TAX *SEE INSTRUCTIONS Print name Print name 8 1 CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT Signature of grantor or agent Signature of grantee or agent Name (print) Name (print) Date & city of signing Date & city of signing Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of five years, or by a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine (RCW 9A.72.030 and RCW 9A.20.021(1)(c)). To ask about the availability of this publication in an alternate format for the visually. im aired, please call 360-705-6705. Teletype (TTY) users may use the WA Relay Service by calliniN 1. REV 84 0001a ((02/28/23) THIS SPACE TREASURER'S USE ONLY COUNTY TREASURER Print on legal size paper. Page 1 of 6 Exhibit "A" Lots 1, 27 37 4, and 5, Block 12, Third Addition to Ephrata, according to the plat thereof recorded in Volume 1 of Plats, Page 13, records of Grant County, Washington Legal Description 34838-GR/69 Escrow No.: 34838 -GR Frontier Title and Escrow Co, Inc. 324 South Ash, Suite F Moses Lake, WA 98837 (509)764-2368 Fax: (509)764-4179 Date: September 5, 2023 Escrow No.: 34838 -GR Escrow Closer: Cheryl Vanden Bos File Name: Northrup CLOSING AGREEMENT AND ESCROW INSTRUCTIONS For Purchase and Sale Transaction The undersigned buyer and seller (referred to herein as "the parties") hereby designate and appoint Frontier Title and Escrow Co, Inc. (referred to herein as "the closing agent") to act as their closing and escrow agent according to the following agreements and instructions. IT IS AGREED, AND THE CLOSING AGENT IS INSTRUCTED, AS FOLLOWS: Terms of Sale. The terms and conditions of the transaction which is the subject of these instructions (referred to herein as "the transaction") are set forth in the parties' Purchase and Sale Agreement, Earnest Money Agreement, or other written agreement, and any attachments, amendments or addenda to that agreement (referred to herein as "the parties' agreement"), which is made a part of these instructions by this reference. Any changes to the parties' agreement will be made a part of these instructions, without further reference, when signed by the parties and delivered to the closing agent. These instructions are not intended to amend, modify or supersede the terms and conditions of the parties' agreement and if there is any conflict or inconsistency between these instructions and the parties' agreement, the terms and conditions of the parties' agreement shall control. Description of Real Property. The real property which is the subject of the transaction (referred to herein as "the property") is identified in the parties' agreement. The documents required to close the transaction must contain the "legal description" of the property. If the parties' agreement does not yet contain the correct legal description, the parties or the real estate agent shall obtain an addendum setting forth the legal description as soon as possible and deliver it to the closing agent. Closing Date. The date on which the documents required to close the transaction are filed for record (referred to herein as "the closing date") shall be on or before the date for closing of the transaction specified in the parties' agreement unless the closing date falls within the three-day rescission period after delivery to the buyer of an amended real property transfer disclosure statement, in which case the closing date shall be extended until the expiration of the three-day rescission period. Documents. The closing agent is instructed to select, prepare, correct, receive, hold, record and deliver documents as necessary to close the transaction. The closing agent may request that certain documents be prepared or obtained by the parties or their attorneys, in which case the parties shall deliver the requested documents to the closing agent before the closing date. Execution of any document will be considered approval of its form and contents by each party signing such document. Deposits and Disbursements of Funds. Before the closing date, each party shall deposit with the closing agent all funds required to be paid by such party to close the transaction, less any earnest money previously deposited with the real estate agent. The closing agent is authorized, but not required, to consider a lending institution's written commitment to deposit funds as the equivalent of a deposit of such funds, if all conditions of the commitment will be met on or before the closing date. All funds received by the closing agent shall be deposited in one or more of its escrow or trust accounts with any bank doing business in the State of Washington and may be transferred to any other such accounts. The closing agent shall not be required to disburse any funds deposited by check or draft until it has been advised by its bank that such check or draft has been honored. All disbursements shall be made by the closing agent's check. Settlement Statement. The closing agent is instructed to prepare a settlement statement showing all funds deposited for the account of each of the parties and the proposed disbursements from such funds. No funds shall be disbursed until the parties have examined and approved the settlement statement. Some items may be estimated, and the final amount of each estimated item will be adjusted to the exact amount required to be paid at the time of disbursement. The settlement statement will be subject to audit and any errors or omissions may be corrected at any time. If any monetary error is found, the amount will be immediately paid by the party liable for such payment to the party entitled to receive it. Initials Closing Agreement and Escrow Instructions (Sale) 34838 -GR Escrow No.: 34838 -GR Pro -rations. Adjustments or pro -rations of real estate taxes, and other charges if any, shall be made on a per -diem basis using a 365 day year, unless the closing agent is otherwise instructed. Title Insurance. The closing agent is instructed to obtain and forward to the parties a preliminary commitment for title insurance on the property and on any other parcel of real property that will be used to secure payment of any obligation created in the transaction (referred to herein as "the title report"). The closing agent is authorized to rely on the title report in the performance of its duties and shall have no responsibility or liability for any title defects or encumbrances which are not disclosed in the title report. Verification of Existing Encumbrances. The closing agent is instructed to request a written statement from the holder of each existing encumbrance on the property, verifying its status, terms, balance owing and, if it will not be removed at closing, the requirements that must be met to obtain a waiver of any due -on -sale provision. The closing agent may rely upon such written statements in the performance of its duties, without liability or responsibility for their accuracy or completeness. Instructions From Third Parties. If any written instructions necessary to close the transaction according to the parties' agreement are given to the closing agent by anyone other than the parties or their attorneys, including but not limited to lenders, such instructions are accepted and agreed to by the parties. Disclosure of Information to Third Parties. The closing agent is authorized to furnish, upon request, copies of any closing documents, agreements or instructions concerning the transaction to the parties' attorneys, and to any real estate agent, lender or title insurance company involved in the transaction. Other papers or documents containing personal or financial information concerning any party may not be released to anyone other than the party's attorney or lender, without prior written approval. Potential Legal Problems. If the closing agent becomes aware of any facts, circumstances or potential problems which, in its opinion, should be reviewed by any of the parties' attorneys, the closing agent is authorized, in its sole discretion, to advise the parties of such facts, circumstances or potential problems and recommend that legal counsel be sought. Closing Agent's Fees and Expenses. The closing agent's fee is intended as compensation for the services set forth in these instructions. If additional services are required to comply with any change or addition to the parties' agreement or these instructions, or as a result of any party's assignment of interest or delay in performance, the parties agree to pay a reasonable additional fee for such services. The parties shall also reimburse the closing agent for any out-of-pocket costs and expenses incurred by it under these instructions. The closing agent's fees, costs and expenses shall be due and payable on the closing date or other termination of the closing agent's duties and responsibilities under these instructions, and shall be paid one-half by the buyer and one-half by the seller unless otherwise provided in the parties' agreement. Cancellation. These instructions may be canceled by a written agreement, signed by all of the parties, and payment of the closing agent's fees, costs and expenses. Upon receipt of such agreement and payment, the closing agent shall return any money or documents then held by it to the parties that deposited the same, and shall have no further duties or responsibilities under these instructions. Inability to Comply With Instructions. If the closing agent receives conflicting instructions or determines, for any reason, that it cannot comply with these instructions by the date for closing specified in the parties' agreement or in any written extension of that date, it shall notify the parties, request further instructions, and in its discretion: (1) continue to perform its duties and close the transaction as soon as possible after receiving further instructions, or (2) if no conflicting instructions have been received, return any money or documents then held by it to the parties that deposited the same, less any fees and expenses chargeable to such party, or (3) commence a court action, deposit the money and documents held by it into the registry of the court, and ask the court to determine the rights of the parties. When the money and documents have been returned to the parties or deposited into the registry of the court, the closing agent shall have no further duties or responsibilities under these instructions. Disputes. Should any dispute arise between the parties, or any of them, and/or any other party, concerning the property or funds involved in the transaction, the closing agent may, in its sole discretion, hold all documents and funds in their existing status pending resolution of the dispute, or join or commence a court action, deposit the money and documents held by it with the court, and ask the court to determine the rights of the parties. Upon depositing said funds and documents with the court, the closing agent shall have no further duties or responsibilities under these instructions. The parties jointly and severally agree to pay the closing agent's costs, expenses and reasonable attorney's fees incurred in any lawsuit arising out of or in connection with the transaction or these instructions, whether such lawsuit is instituted by the closing agent, the parties, or any other person. Notices. Any notice, declaration or request made under these instructions shall be in writing, signed by the party giving such notice or making such declaration or request, and personally delivered or mailed to the closing agent and other parties at their addresses set forth in these instructions. Amendments. Any amendment, addition or supplement to these instructions must be in writing, signed by the appropriate parties and delivered to the closing agent. Counterparts. These instructions may be executed in one or more counterparts with like effect as if all signatures appeared on one copy. Initials Closing Agreement and Escrow Instructions (Sale) 34838 -GR Escrow No.: 34838 -GR Effect. These instructions shall bind and benefit the parties, the closing agent, and their successors in interest Definitions. When used herein or in any amendment, addition or supplement hereto, words and phrases are defined and are to be construed as follows: The words "buyer" and "seller" refer to all persons and entities identified as such by their signatures on this document, jointly and severally unless otherwise indicated, and shall be construed interchangeably with other similar terms such as "purchaser", "vendee", "vendor", "grantee" or "grantor" as may be appropriate in the context and circumstances to which such words apply. The word "lender" refers to any lending institution or other party, including the seller if appropriate, that has agreed to provide all or part of the financing for the transaction or to which the buyer has made a loan application. The phrase "these instructions" refers to the agreements, instructions and provisions set forth in this document and all amendments, additions and supplements to this document. The phrase "the property" refers to the real property identified in the parties' agreement, including any other parcel of real property that will be used to secure payment of any obligation created in the transaction, and does not include any items of personal property unless otherwise specifically stated in these instructions. The phrase "outside of escrow" refers to any duty, obligation or other matter which is the sole responsibility of the parties or of any party, and for which the closing agent shall have no responsibility or liability. In these instructions, singular and plural words, and masculine, feminine and neuter words, shall be construed interchangeably as may be appropriate in the context and circumstances to which such words apply. MATTERS TO BE COMPLETED BY THE BUYER AND SELLER IMPORTANT - READ CAREFULLY The following items must be completed by the parties, outside of escrow, and are not part of the closing agent's duties under these instructions. Disclosure, Inspection and Approval of the Property. Any required disclosures concerning the property including, but not limited, to preparation and delivery of any required Real Property Transfer Disclosure Statement, or inspections or approvals of the property or of improvements, additions or repairs to the property, will be arranged and completed by the parties, outside of escrow. The closing agent shall have no liability with respect to the accuracy of any disclosures made, or for the physical condition of the property, or any buildings, improvements, plumbing, heating, cooling, electrical, septic or other systems on the property, and no responsibility to inspect the property, or to otherwise determine or disclose its physical condition, or to determine whether any required disclosures have been made, or whether any required improvements, additions or repairs have been satisfactorily completed. Personal Property. Any required inspections, approvals or transfers of possession of any owned or leased fixtures, equipment or other items of personal property included in the transaction, and payment of any personal property, sales or use taxes, will be completed by the parties outside of escrow. Unless otherwise instructed, the closing agent shall have no responsibility with respect to such personal property and shall not be required to determine the status or condition of the title to, encumbrances upon, ownership, or physical condition of such personal property, nor to calculate, pro -rate, collect, prepare returns for or pay any personal property tax, sales tax or use tax arising from the transaction. Utilities. All orders, cancellations, transfers, payments and adjustment of accounts for water, sewer, garbage collection, electricity, gas, fuel oil, telephone, television cable and any other utilities or public services will be completed by the parties outside of escrow. Unless otherwise instructed, the closing agent shall have no responsibility, except as required by law, effective January 1, 1997, to determine, collect, pay, pro -rate or adjust charges for installation or service for any utilities or public services, except to pro -rate existing recurrent assessments for public improvements, if any, which appear on the title report. Fire or Casualty Insurance. If a new policy of fire, hazard or casualty insurance on the property is necessary to close the transaction, the buyer will arrange for the policy to be issued, outside of escrow, and will provide evidence of the required insurance coverage to the closing agent before the closing date. Unless otherwise instructed, the closing agent shall have no responsibility to contract for or obtain any policy of fire, hazard or casualty insurance on the property, or any assignment of such policy. Possession of the Property. The transfer of possession of the property shall be arranged directly between the parties outside of escrow and shall not be the responsibility of the closing agent. Collection Account. If any financing for the transaction will be provided by a private party, the parties are advised to open a collection account at a financial institution to receive and disburse payments to be made under the private promissory note or contract. The collection account shall be established by the parties outside of escrow and shall not be the responsibility of the closing agent. Initials Closing Agreement and Escrow Instructions (Sale) 34838 -GR Escrow No.: 34838 -GR Payment of Omitted Taxes. If any additional real property taxes are assessed for improvements made to the property that have not been added to the tax rolls before the closing date, the parties shall pay their respective shares of such omitted taxes, pro -rated as of the closing date, within 30 days after receipt of notification that such taxes have been assessed. The closing agent shall not be responsible or liable for any assessment, collection or payment of omitted taxes. Individual Taxes. The parties are advised to consult with their attorneys to determine whether they must report income, deduct expenses or losses, or withhold or pay any income or business taxes as result of the transaction. The closing agent shall have no responsibility for the parties' individual tax consequences arising from the transaction. Foreign Investment in Real Property Tax Act. If any seller is, or may be, a non-resident alien or a foreign corporation, partnership, trust or estate for the purposes of United States income taxation, the parties are advised to consult with their attorneys before the closing date to determine their responsibilities and liabilities, if any, under the Foreign Investment in Real Property Tax Act (Section 1445 et seq. of the Internal Revenue Code). The closing agent is not required to verify the nationality or foreign status of any of the sellers, or to withhold, report or pay any amounts due under such act. Approvals and Permits. The parties are advised to consult with their attorneys to determine whether any building, zoning, subdivision, septic system, or other construction or land use permits or approvals will be required, either before or after the closing date. The closing agent shall have no responsibility with respect to any such permit or approval, and shall have no liability arising from the failure of any party to obtain, or from the refusal of any governmental authority to grant, any such permit or approval. Compliance With Certain Laws. The parties are advised to consult with their attorneys to determine their rights and responsibilities, if any, with respect to disclosures concerning the condition of the property, or under the Consumer Protection Act, Truth -in -Lending Act, Interstate Land Sales Act or other similar laws. The closing agent shall have no responsibility for disclosures concerning the condition of the property, or for the parties' compliance, nor any liability arising from the failure of any party to comply, with any such requirement or law. Additional Agreements, Instructions and Disclosures: Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities. NOTICE TO PARTIES The services of the closing agent under these instructions will be performed by the person named below, who is certified as a Limited Practice Officer under Admission to Practice Rule 12, adopted by the Washington State Supreme Court. Under that rule, Limited Practice Officers may only select, prepare and complete certain documents on forms which have been approved for their use. You are further advised that: • THE LIMITED PRACTICE OFFICER IS NOT ACTING AS THE ADVOCATE OR REPRESENTATIVE OF EITHER (OR ANY) OF THE PARTIES. • THE DOCUMENTS PREPARED BY THE LIMITED PRACTICE OFFICER WILL AFFECT THE LEGAL RIGHTS OF THE PARTIES. • THE PARTIES' INTERESTS IN THE DOCUMENTS MAY DIFFER. • THE PARTIES HAVE A RIGHT TO BE REPRESENTED BY LAWYERS OF THEIR OWN SELECTION. • THE LIMITED PRACTICE OFFICER CANNOT GIVE LEGAL ADVICE AS TO THE MANNER IN WHICH THE DOCUMENTS AFFECT THE PARTIES. The Limited Practice Officer for this transaction is: Cheryl Vanden Bos LPO No.: 3257 BY SIGNING THESE INSTRUCTIONS, EACH PARTY ACKNOWLEDGES: I have been specifically informed that the closing agent is forbidden by law from offering any advice concerning the merits of the transaction or the documents that will be used to close the transaction. The closing agent has not offered any legal advice or referred me to any named attorney, but has clearly requested that I seek legal counsel if I have any doubt concerning the transaction or these instructions. I have had adequate time and opportunity to read and understand these instructions and all other existing documents referred to in these instructions. Initials Closing Agreement and Escrow Instructions (Sale) 34838 -GR Escrow No.: 34838 -GR BUYER SIGNATURE(S): (S) DATE. Grant County BY. Rob Jones ""'"*■ tt Chair _ li BY: Cindy Carter �► Vice-Chair BY.O-A! Danny Stone Member Buyer's Mailing/Forwarding Address: Buyer's phone: Day: SELLER SIGNATURE(S): Karl Kelly Northrup Seller's Mailing/Forwarding Address: Seller's phone: Day: APPROVED AND ACCEPTED BY: Frontier Title and Escrow Co, Inc. BY: Cheryl Vanden Bos Limited Practice Officer LPO No.: 3257 Evening: DATE: Evening: Closing Agreement and Escrow Instructions (Sale) Email: Email: Initials 34838 -GR Escrow No.: 34838 -GR ' Frontier Title and Escrow Co, Inc. 324 South Ash, Suite F Moses Lake, WA 98837 (509)764-2368 Fax: (609)764-4179 Date: September 5, 2023 Escrow No.: 34838 -GR Escrow Closer: Cheryl Vanden Bos File Name: Northrup SUPPLEMENT TO CLOSING AGREEMENT AND ESCROW INSTRUCTIONS For Purchase and Sale Transaction Including Instructions to Record Documents and Disburse Funds This is a part of the Closing Agreement and Escrow Instructions signed by the parties under the Closing Agent's escrow file number set forth above. Except as expressly modified, changed or amended by this supplement, all terms and conditions of the Closing Agreement and Escrow Instructions, and any previous supplements, additions or amendments thereto, shall remain in effect. THE SELLER HAS APPROVED, SIGNED AND DEPOSITED THE FOLLOWING DOCUMENTS WITH THE CLOSING AGENT UNDER THESE INSTRUCTIONS: Statutory Warranty Deed Real Estate Excise Tax Affidavit THE BUYER HAS APPROVED, SIGNED AND DEPOSITED THE FOLLOWING DOCUMENTS WITH THE CLOSING AGENT UNDER THESE INSTRUCTIONS: Promissory Note Deed of Trust Real Estate Excise Tax Affidavit All Other Lender Documents, if any BY SIGNING THIS DOCUMENT, EACH PARTY ACKNOWLEDGES: Conditions of Parties' Agreement Satisfied. All terms and conditions of the parties' agreement have been met to my satisfaction, or will be met, satisfied or complied with outside of escrow. Title Report Approved. The Preliminary Commitment for Title Insurance, including the legal description of the property and all attachments, supplements and endorsements to that report, issued by Frontier Title and Escrow Co, Inc. under order number, are approved by me and made a part of these instructions by this reference. Settlement Statement Approved. The settlement statement prepared by the closing agent is approved by me and made a part of these instructions by this reference. I agree to pay my costs, expenses and other obligations itemized on that statement. I understand that any estimated amounts will be adjusted to reflect the exact amounts required when the funds are disbursed, that the settlement statement continues to be subject to audit at any time, and if any monetary error is found, the amount will be paid by the party liable for such payment to the party entitled to receive it. BY SIGNING THIS DOCUMENT, THE BUYER FURTHER ACKNOWLEDGES: Assumed Encumbrances Approved. I have had adequate opportunity to review the terms of payment, interest rates and conditions of any existing notes, deeds of trust, mortgages, contracts, assessments or other debts or obligations that I will assume and agree to pay in this transaction, and hereby approve the same. Property Approved. I have had adequate opportunity to review seller's written disclosure statement, if any, and to inspect the property and determine the exact location of its boundaries. The location and physical condition of the property and any buildings, improvements, plumbing, heating, cooling, electrical or septic systems on the property are approved. I understand that all inspections and approvals of the location and physical condition of the property are my sole responsibility, and are not part of the closing agent's duties and responsibilities. I hereby release and agree to hold the closing agent harmless from any and all claims of liability for loss or damage arising or resulting from any physical condition or defect on the property, or from the location of its boundaries. A written disclosure statement concerning the property, signed by the seller, was: ❑ Not received by the buyer. Initials Supplement to Closing Agreement and Escrow Instructions (Sale) 34838 -GR Escrow No.: 34838 -GR ❑ Received by the buyer on ❑ If amended, amendments were received by the buyer on .shares of such omitted taxes, pro -rated as of the closing date, within 30 days after receipt of notification that such taxes have been assessed. The closing agent shall not be responsible or liable for any assessment, collection or payment of omitted taxes. THE CLOSING AGENT IS INSTRUCTED TO PROCEED AS FOLLOWS: Instruction to Close. The closing agent is instructed to perform its customary closing duties under these instructions, to deliver and record documents according to these instructions, and to disburse the funds according to the settlement statement, adjusting estimated amounts, when the closing agent has the documents required to close the transaction in its possession and has, or will obtain when the documents have been delivered and recorded: 1. Sale proceeds for the seller's account in the sum of $445,000.00, to be disbursed according to the settlement statement, and 2. Loan proceeds for the buyer's account in the sum of $0.00, to be disbursed according to the settlement statement, and 3. A policy of title insurance issued pursuant to the Preliminary Commitment for Title Insurance referred to above, insuring the buyer with ALTA Owners Policy (06/17/06) with a liability of $445,000.00, having the usual, clauses, provisions and stipulations customarily contained in the printed provisions and schedules of such policy forms, insuring the buyer's title to the property against all defects or encumbrances except those set forth in the printed exceptions and exclusions customarily contained in the printed provisions and schedules of such policy forms, matters attaching by, through or under the buyer taxes, not yet due, and the matters set forth in the following numbered paragraphs of Schedule B of the Preliminary Commitment for Title Insurance: Click here to add 4. Such other policies of title insurance as may be required by any lenders that are providing financing for the transaction. Completion or Correction of Documents. The closing agent is instructed to correct any errors found in any document deposited under these instructions, and to insert as necessary the closing date, the date on which interest begins to accrue, and the dates on which payments must be made, if such items are incomplete. Adjustments and Pro -rations. Proceeds Check: ❑ TRANSFER ❑ All Net Proceeds, or ❑ $ ATTN : ESCROW NO.: HOLD check for PICK UP CALL when check is ready for PICK UP, Phone No.: WIRE funds to (Bank Name) Address: Routing No.: Account No.: ❑ MAIL ❑ OVERNIGHT shipment check to Address: Additional Instructions: See additional instructions Initials Supplement to Closing Agreement and Escrow Instructions (Sale) to 34838 -GR Escrow No.: 34838 -GR NOTICE TO PARTIES The services of the closing agent under these instructions will be performed by the person named below, who is certified as a Limited Practice Officer under Admission to Practice Rule 12, adopted by the Washington State Supreme Court. Under that rule, Limited Practice Officers may only select, prepare and complete certain documents on forms which have been approved for their use. You are further advised that: • THE LIMITED PRACTICE OFFICER IS NOT ACTING AS THE ADVOCATE OR REPRESENTATIVE OF EITHER (OR ANY) OF THE PARTIES. • THE DOCUMENTS PREPARED BY THE LIMITED PRACTICE OFFICER WILL AFFECT THE LEGAL RIGHTS OF THE PARTIES. • THE PARTIES' INTERESTS IN THE DOCUMENTS MAY DIFFER. • THE PARTIES HAVE A RIGHT TO BE REPRESENTED BY LAWYERS OF THEIR OWN SELECTION. • THE LIMITED PRACTICE OFFICER CANNOT GIVE LEGAL ADVICE AS TO THE MANNER IN WHICH THE DOCUMENTS AFFECT THE PARTIES. The Limited Practice Officer for this transaction is: Cheryl Vanden Bos LPO No.: 3257 The Limited Practice Officer has selected and prepared the following documents for this transaction: Statutory Warranty Deed The following documents for this transaction were received from the parties and were not selected or prepared by the Limited Practice Officer: BY SIGNING THESE INSTRUCTIONS, EACH PARTY ACKNOWLEDGES: I have been specifically informed that the closing agent is forbidden by law from offering any advice concerning the merits of the transaction or the documents that will be used to close the transaction. The closing agent has not offered any legal advice or referred me to any named attorney, but has clearly requested that I seek legal counsel if I have any doubt concerning the transaction or these instructions. I have had adequate time and opportunity to read and understand these instructions and all other existing documents referred to in these instructions. BUYER SIGNATURES : () DATE. Grant County BY: Rol Chc- BY: Cin Vied BY: "*- Danny Stone Member SELLER SIGNATURE(S): DATE: Karl Kelly Northrup APPROVED AND ACCEPTED BY: Frontier Title and Escrow Co, Inc. BY: Cheryl Vanden Bos Limited Practice Officer Supplement to Closing Agreement and Escrow Instructions (Sale) l�j Initials 34838 -GR LPO NO.: 3257 Initials Supplement to Closing Agreement and Escrow Instructions (Sale) Escrow No.: 34838 -GR 34838 -GR Frontier Title and Escrow Co, Inc. 324 South Ash, Suite F Moses Lake, WA 98837 (509)764-2368 Fax: (509)764-4179 WIRE INSTRUCTIONS Date: September 5, 2023 TO: , RE: Escrow No.: 34838 -GR Parties: Karl Kelly Northrup / Grant County Property: 21 C Street SW, Ephrata, WA 98823 Wire Funds to: US Bank 203 E Third Avenue Moses Lake, Washington 98837 Phone: (509) 765-3405 ABA Routing No.: 125000105 Account No.: 153569203117 Customer Name: FRONTIER TITLE AND ESCROW CO, INC. TRUST ACCOUNT 324 South Ash, Suite F Moses Lake, WA 98837 If you should have any questions, please do not hesitate to contact us at (509)764-2368. Sincerely, Cheryl Vanden Bos Limited Practice Officer Wire Instructions 34838 -GR