Everett Gospel Mission 11/27/2024

202411270368 Document:D-TRUST Rec: S309.50 Page-4 of 6 Record Date:ll/27/2024 3:18 PM Snohomish County, WA shall be vested with all powers of the original trustee. The Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Grantor, Trustee or Beneficiary shall be a party unless such action or proceeding is brought by the Trustee. 8. This Deed of Trust applies to and inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees, legatees, administrators, executors and assigns. The term Beneficiary shall also mean the holder and owner of the Note secured hereby, whether or not named as Beneficiary herein. GRANTOR FURTHER AGREES: 1. Grantor will perform each and every obligation contained in the Agreement and any amendments thereof. 2. Grantor will ensure that the Property will be used pursuant to the terms of the Use Restriction Covenant entered into between the Grantor and the Beneficiary without regard to the term of any other deed of trust or the transfer of ownership of the Property. Grantor agrees that the Use Restriction Covenant does not terminate upon foreclosure of this Deed of Trust or transfer in lieu of foreclosure, and the Property will remain subject to the Use Restriction Covenant after foreclosure of this Deed of Trust or transfer in lieu of foreclosure. 3. If Grantor shall fail to perform any obligation hereunder and the Beneficiary elects to perform the same and expends any money therefor, such expenditure shall be deemed in addition to the amount secured by this Deed of Trust and be immediately due and payable in accordance with the loan documents. 4. If Grantor fails to make payment on the sum secured hereunder when due, or defaults under the terms of the foregoing agreement or any Loan Document, and after any applicable cure period has expired without the correction of the default, at the option of the Beneficiary, the whole indebtedness secured thereby shall be due and payable in accordance with the Loan Documents and the Beneficiary may proceed to foreclose this Deed of Trust. If the Beneficiary shall incur any costs and expenses, including reasonable attorneys' fees and costs of any title reports, in connection with the performance of any of its rights hereunder including foreclosure, such costs and expenditures shall remain secured by this Deed of Trust and shall be immediately due and payable by Grantor. [THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY.] Deed of Trust Page 4