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Attachment C
<br /> When recorded return to:
<br /> City of Everett
<br /> 2930 Wetmore Avenue, Suite 8B
<br /> Everett, WA 98201
<br /> Form of
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST, made this day of November, 2007 , by and among Senior
<br /> Services of Snohomish County, GRANTOR, whose address 8225 44th Ave. W, Suite 0,
<br /> Mukilteo, WA, 98275. Pacific Northwest Title Insurance Company, Inc., a Washington
<br /> corporation, TRUSTEE, whose address is 3224 Wetmore Avenue, Everett, WA 98201, and
<br /> City of Everett, a political subdivision of the State of Washington, BENEFICIARY, whose
<br /> address is 2930 Wetmore Avenue, Suite 8B, Everett, WA. 98201.
<br /> WITNESSETH: Grantor hereby bargains, sells and conveys to Trustee in Trust, with power of
<br /> sale, the real property in Snohomish County, Washington described in Exhibit 1 attached hereto
<br /> and incorporated herein by this reference ("the Premises"), which real property is not used
<br /> principally for agricultural or farming purposes, together with all the tenements, hereditaments,
<br /> and appurtenances now or hereafter thereunto belonging or in any wise appertaining, and the
<br /> rents, issues and profits thereof(the "Property").
<br /> This Deed of Trust is for the purpose of securing performance of each agreement of Grantor
<br /> contained herein and in the City of Everett HOME Loan Agreement dated the day of
<br /> November, 2007 ("HOME Agreement"), entered into between Beneficiary and Grantor, and
<br /> payment of the sum of $100,000.00 with interest, in accordance with the terms of a promissory
<br /> note of even date herewith (the "Note"), payable to Beneficiary or order, made by Agency and
<br /> assigned to Grantor, and all renewals, modifications and extensions thereof, and also such
<br /> further sums as may be advanced or loaned by Beneficiary to Grantor, or any of their
<br /> successors or assigns, together with interest thereon at such rate as shall be agreed upon.
<br /> To protect the security of this Deed of Trust, Grantor covenants and agrees:
<br /> 1. To keep the Premises in good condition and repair; not to remove or demolish any
<br /> building thereon; to complete or restore promptly and in good and workmanlike manner any
<br /> building that may be constructed, damaged, or destroyed, and to pay when due all claims for
<br /> labor performed and materials furnished therefor; to comply with all laws affecting the Premises
<br /> or requiring any alterations or improvements to be made; not to commit or permit waste thereof;
<br /> not to commit, suffer, or permit any act upon the Premises in violation of law; and to do all other
<br /> acts which from the character or use of the Premises may be reasonably necessary to preserve
<br /> and conserve its value.
<br /> 2. To pay before delinquent all taxes, assessments and any other charges affecting the
<br /> Property when due; and to keep the Property free and clear of all other encumbrances,
<br /> charges, and liens impairing the security of this Deed of Trust, subject to the Grantor's right to
<br /> contest such taxes, assessments and other charges in good faith.
<br /> B-1
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