420 LAUREL DR 2018-01-02 MF Import

200304210985.003 (P) "RESPA" means the Real Estate Sctdenent Procedures Act (12 U.S.C. Section 2601 et set.) and its implementing regulation, Regulation X (24 C.F.R. Part 3500), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in thts Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage 10211" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (Q) "Successor In Interest or Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instnuen[. TRANSFER OF RIGHTS IN TNp PROPERTY This Security lnnu stnent Secure::o lender: (i) the repayment of the L.uan, and all renewals, extensions and modifications of the Note; and (ii) die performance of Borrower's covenants and agreements under this Security Instrument and the Now. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in de COUNTY of SNOHOMISH [Type of Recording lur'wdiction) IName of Recording lurisdictianl LEGAL DESCRIPTION ATTACHED HERETO AND h1ADE A PART HEREOF. ward #: Parcel ID Number: 005620-000-000-05 which currently has the address of 412 LAUREL DRIVE IShrcctl EVERETT (City) , Washington 98201 [Zip Codcl ("Property Address"): TOGETHER WITI1 all the improvements now or hereafter erected on the property, and all casements, appurtenances, and fixtures now or hereafter a part of die property. All replacements and additions shall also be covered by this Security Instrument. All of de foregoing is referred to in Otis Securitv Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and ran -uniform covenants with limited variations by jurisdiction to constitute a uniform security iasuument covering real property. '. Initial n .6(WA) 100121 rm � Pape 3 of 15 Fo3048 1101 m