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' <br /> . MPrJ277M.7TtS6 ' O <br /> O <br /> P:1TAC�III�NT 2 <br /> FORM OF <br /> DEED OF TRUST <br /> FlLED FOR RECORD AT REQUES7'OF <br /> 0.T�N RECORDED RETURN TO <br /> Name: M�1 <br /> Addte�: [Addcess] � - <br /> City.Staze,Zip: [Ciry.Sute,Z3P] <br /> Deed of Tru�t <br /> (Far Ux in�he Shte of Wa�i�in4wa Only) <br /> THIS DEED OF TRUST, made thia day of , 1997 betwan HOPE VILLAGE LIMITED <br /> PARTNERSHIP, GRANTOR, w6o�e addraa ia 300 West Marine View Drive,Everett, WA 98201. [1'ttUS7'EES NAME], <br /> TRUSTEE, whax addres� i� [Tnistee's Addressj. THE CI7Y OF EVERE'rI', BENEFICIARY, whoae addrese ia. <br /> . WITNESSETH: Grantor heceby bugains, sells and conveya w Tm+tee in Tcuse, with <br /> pewn of sale,the following dacribed rwl pmpatY in Snahamish Coimry,Wuhingron: <br /> which rc�l propecty u not tued princip�lly far agcicultursl or fa�aiing pucposa,wgether with alI the trnemmo,hereditamrnts, <br /> and appurtenar:cn now or 6efeafta t6ereunro belonging or in any wix appernining,and rhe�eno,issua and pcofin theeeof. <br /> This deed is for the purpase of securing performance of euh agseemmt of grantor herein eontained,conuined in the Ciry of <br /> Everctt Communiry Developmrnt Blak G[ant Losn Agmemmt of evrn date hr.ewith,and paymmt of the�of One Hundeed <br /> Thousand Two Hundred aed 00/�00 Dollua(S 100,200),with inteent,in aceordance wit6 the tams of a peemiswry note of even <br /> dam hemvith,paysble w Bmefieiary or ocda,and made by Grantor,md all cenewab,modifiations md exxnsioro chs�eof,and <br /> also such Curther suw a�maY be ad�a^«d or loaned by Brneficiary w Grantor,ar any of their sucewon or asaigrte,mgetha <br /> with intecest chaeon az such rate�f shall be a6teed uPa^. <br /> To protmt the securiry af thi�Deed of Tnu;Grantor covenann and agtees: <br /> 1. To keep the praperty in gaod condi5on and repair: W permit no waste theceof, to complete any building, sCvcntte or <br /> im�:ovar,rnt being built or about to be built thaeon:w mtorc pr�mptly my buildinR,sttuctute or improvemrnt thereon which <br /> may be damaged or deaeroyed; and to comply wieh all laws, ordinanca, eegulariom, covenants, condirions and rsstrictions <br /> affecring the pcoperry• <br /> 1� � <br /> 7A?3:1'_IO.S1R <br />