Housing Authority of the City of Everett 6/21/2017

Borrower may pay off at any time the full principal amount owed under this Note (together with any interest and other charges outstanding). Lender will calculate the amount of principal and interest to be paid by Borrower to the date of the full prepayment. 5. THIS NOTE SECURED BY SECURITY INSTRUMENT. In addition to the rights of Lender under this Note, a DEED OF TRUST (Security Instrument) bearing the same date as this Note protects Lender against loss which will result if Borrower does not keep Borrower's promises in this Note. That Security Instrument describes how and under what conditions, in addition to default under this Note, Borrower may be required to make immediate payment (acceleration) of all amounts owed under this Note. The Security Instrument may also require additional payments by Borrower under this loan, including escrow payments for taxes, insurance and ground rents. 6. WAIVERS. Borrower waives any rights to require Lender(i)to demand payment of amounts due (known as"presentment"), (ii)to give notice that amounts due have not been paid (known as "notice of dishonor"), (iii)to make an official certification of nonpayment (known as "protest"). Anyone else who agrees to keep Borrower's promises in this Note (known as a "guarantor"), or who agrees to make payments to Lender if Borrower fails to keep the promises under this Note (known as a "surety"), or who signs this Note to transfer it to someone else (known as an "endorser"), also waives these rights. Borrower also waives, to the extent permitted by law, any and all homestead and other exemption rights which otherwise would apply to the debt evidenced by this Note. 7. GIVING OF NOTICES. Unless otherwise provided by law, any notice or demand or request under this Note must be made in writing and may be delivered in person or by certified mail (effective upon mailing). Notice to Borrower will be addressed to the Property Address. Notice to Lender will be addressed to the address to which payments are required to be sent under this Note. Either address may be changed by giving notice of a different address by the procedure described in this paragraph. 8. RESPONSIBILITY OF PARTIES UNDER THIS NOTE. If more than one party executes this Note as a Borrower, then each is fully and personally obligated to keep all of Borrower's promises in this Note. Any guarantor, surety, or endorser(as described in Paragraph 6) is also obligated to keep all those promises. Lender may enforce this Note against each Borrower, guarantor, surety or endorser individually or against all such parties together, and any one Borrower, guarantor, surety or endorser may be required to pay all amounts owed under this Note. Any party who takes over the rights or obligations of Borrower in this Note will have all of Borrower's rights and must keep all of Borrower's promises. Any party who takes over the obligations of a guarantor, surety or endorser is also obligated to keep ali of Borrower's promises. 9. LOCATION OF LAWSUIT. If legal action is necessary, Borrower agrees that venue shall be in Snohomish County, Washington. 3 1/97