Everett Gospel Mission 11/27/2024

202411270367 COVENANTS Rec: $310.50 11/27/2024 3:18 PM 1 of 8 SNOHOMISH COUNTY, WA Electronically Recorded When Recorded, Return to: CITY OF EVERETT COMMUNITY DEVELOPMENT MANAGER 2930 Wetmore Ave., Suite 8A Everett, WA 98201 CTI-NCS-243745-SC USE RESTRICTION COVENANT Grantor: Grantee: EVERETT GOSPEL MISSION, CITY OF EVERETT Legal Description (Additional on Exhibit 1) Ptn Block 19, J.S. Sines Acre Tracts, Vol 4, Page 11; Ptn Lots 9-11, Blk 19, Goodson's Add to Everett, Vol 6, Page 7 in Snohomish County, WA Assessor's Tax Parcel ID No(s): 005760-019-000-03; 004579-019-009-00 Reference Nos. of Documents Released or Assigned: N/A This Use Restriction Covenant (this "Covenant") by EVERETT GOSPEL MISSION, a Washington nonprofit corporation (the "Grantor" or "Owner"), is part of the consideration for the financial assistance provided by City of Everett (the "Grantee" or "City") pursuant to the Loan Agreement ("Loan Agreement") entered into by and between the City and Owner, for the acquisition and development of certain real property legally described on Exhibit 1 attached hereto, together with all tenements, privileges, reversions, remainders, irrigation and water rights, and stock, oil and gas rights, royalties, minerals and mineral rights, hereditaments and appurtenances belonging or in any way pertaining to the Property, and the rents, issues, and profits thereof ("the "Property"). The financial assistance provided in the Agreement is from the chemical dependency/mental health program fund (CDMH) of Snohomish County, a political subdivision of the State of Washington (the "County"), pursuant to RCW 82.14.460 and chapter 4.25 SCC. The financial assistance is for the "Project," which is an EGM emergency bridge housing facility at the Property to provide short term dwelling for homeless persons, along with coordination and access to substance use and mental health treatment and services, as further described in Exhibit 2 attached hereto. Covenant Page 1