2026-003138 Klamath County, Oregon 04/10/2026 08:34:02 AM Until A Change Is Requested All Fee: $217.00 Tax Statements Shall Be Sent To The Following Address: Dorothy A Perkins 4630 Sjodin Ln Klamath Falls, OR 97603 When Recorded Mail To: Radian Settlement Services 1000 GSK Drive Suite 210 Coraopolis, PA 15108 Tax Account Number: - 3909-00200-00102 True And Actual Conslderation Is: $50,000.00 [Space Above this Line for Recording Data) Instrument: Deed of Trust Dated: March 30, 2026 Brlef description of the land: 3909-00200-00102 Borrower/Grantor: Dorothy A Perkins and Michael J Perkins Borrower's/Grantor's Address: 4630 Sjodin Ln, Klamath Falls, OR 97603 Grantee (Beneficlary): U.S, Bank National Association Grantee (Beneficlary) Address: 9380 Excelsior Blvd, Hopkins, MN 55343 Trusteo: U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION Trustee Address: 111 SW Fifth Avenue, Portland, OR 97204 OREGON-Singis Family-F annie Maa/Freddie Mas UNIFORM INSTRUMENT (MERS) Form 3038 077202 Wollers Kihower Finanoial Services, ing, 1072028 2026032524,1.0,6408-J20251118Y Pagetof 19 HIEGER Deed of Trust MIN 100021220000393246 Definitions, Words used in multiple sections of this document are defined below and other words are defined under the caption TRANSFER OF RIGHTS IN THE PROPERTY and jn Sections 3, 4, 10, 11, 12, 16, 19, 24, and 25. Certain rules regarding the usage of words used in this document are also provided in Section 17, Parties (A) “Borrower” is Dorothy A Perkins and Michael J Perkins, a married couple, currently ;csiding 214630 Sjodin Ln, Klamath Falls, OR 97603. Borrower is the grantor under this Security nstrument, (B) "Lender™is U.S Bank National Association, Lender is a corporation organized and existing under the laws of the United States of America. Lender’s address is 9380 Excelsior Blvd, Hopkins, MN 55343, Lender is the beneficiary under this Security Instrument, The term *Lender™ includes any successors and assigns of Lender, (C) *Trustee” is U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION. Trustce's address is 111 SW Fifth Avenue, Portland, OR 97204, The term *Trustee® includes any substitute/successor Trustee. (D) “MERS" is the Mortgage Electronic Registration Systems, Inc. Lender has appointed MERS as the nominee for Lender for this Loan, and attached a MERS Rider to this Security Instrument, to be executed by Borrower, which further describes the relationship between Lender and MERS, and which is incorporated into and amends and supplements this Security Instrument. Documents (E) “Note™ means the promissory note dated March 30, 2026, and signed by each Borrower who is legally obligated for the debt under that promissory note, that is in either (i) paper form, using Borrower's written pen and ink signature, or (ii) ¢lectronic form, using Borrower’s adopted Electronic Signature in accordance with the UETA or E-SIGN, as applicable. The Note evidences the legal obligation of each Borrower who signed the Note to pay Lendet Fifty thousand and 00/100 Dollass (U.S. $50,000.00) plus interest, Each Borrower who signed the Note has promised to pay this debt in regular monthly payments and to pay the debt in full not later than April 8, 2046, (F) “Riders” means all Riders to this Security Instrument that are signed by Borrower, All such Riders are incorporated into and deemed to be a past of this Secusity Instrument, The following Riders are to be signed by Borrower (check box as applicable): LY Adjustable Rate Rider ‘T3 Condominium Rider 2 MERS Rider Q3 14 Family Rider 10 Planned Unit Development Rider (3 Other(s) (specify) Q Second Home Rider © VA Rider (G) “Security Instrument™ means this document, which is dated March 30, 2026, together with all Riders to this document. Additional Definitions (1) “Applicable Law™ means all controll...,, . ...-ble federal, state, and local statutes, regulations, ordinances, and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable judicial opinions. (1) "“Community Association Dues, Fees, and Assessments” means all ducs, fecs, assessmients, and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association, or similar organization. (3) “Default™ means: (i) the failure to pay any Periodic Payment or any other amount secured by this Security Instrument on the date it is due; (ii) a breach of any representation, warranty, covenant, obligation, or agreement in this Security Instrument; (iii) any materially false, misleading, or inaccurate information of statement to Lender provided by Borrower or any persons or entities acting at Borrower’s direction or with Borrower's knowledge or consent, or failure to OREGON-Single Family-Fancis Mee/Freddie Mao UNIFORM INSTRUMENT (MERS) Form 3038 07/202% Wokers Kiuwer Financial Services, nd.: . L 02028 2020032520.1,0.0406—420251 18Y Page 20136 RIEE flll provide Lender with material information in connection with the Loan, as described in Section 8; or (iv) any action or proceeding described in Section 12(c). (K) “Electronic Fund Transfer* means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, ot authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone or other electronic device capable of communicating with such financial institution, wire transfers, and automated clearinghouse transfers. (L) “Electronic Signature™ means an "Electronic Signature® as defined in the UETA or E-SIGN, as applicable, (M) “E-SIGN* means the Electronic Signatures in Global and National Commerce Act (15 U.S.C. § 7001 et seq.), as it may be amended from time to time, ot any applicable additional or successor legislation that governs the same subject matter, N) “Eserow ltems ™ means: (i) taxes and assessments and other items that can attain priority over this Seeurity Instrument as a lien or encumbrance on the Property (ii) Ieasehold payments or ground rents on the Property, if any; (iii) premiums for any and all insurance required by Lender under Section 5; (iv) Mortgage Insurance premiums, if any, of any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in ac¢ordance with the provisions of Section 11 and (v) Community Association Ducs, Fees, and Assessments if Lender requires that they be escrowed beginning at Loan closing or at any time during the Loan tem, (0) “Loan™ means the debt obligation evidenced by the Note, plus interest, any prepayment charges, costs, expenses, and late charges due under the Note, and all sums due under this Security Instrument, plus interest, (P) “Loan Servicer ” means the entity that has the contractual right to receive Borrower's Periodic Payments and any other payments made by Borrower, and administers the Loan on behalf of Lender, Loan Servicer does not incfude a sub-servicer, which is an entity that may service the Loan on behalf of the Loan Servicer, (Q) “Miscellaneous Proceeds” means any compensation, settlement, award of damages, or procecds paid by any third party (other than insurance proceceds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (ifi) conveyance in lieu of condemnation; of (iv) mistepresentations of, or omissions as to, the value and/or condition of the Property. (R) “Morsgage Insurance” means insurance protecting Lender agiinsl the nonpayment of| or Default on, the Loan, ‘ - (8) “Partial Payment™ means iny payment by Borrower, other than a voluntary prepayment permitted under the Note, which is less than a full outstanding Periodic Payment. (1) "Periodic Payment” means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3. (U) “Property™ means the property described below under the heading "TRANSFER OF RIGHTS IN THE PROPERTY.” (V) "Rents” means all amounts received by or due Borrower in connection with the lease, use, and/ or occupancy of the Property by a party other than Borrower. (W) “RESPA™ means the Real Bstate Settcansus s sucedures Act (12 US.C. § 2601 ¢t scq.) and its implementing regulation, Regulation X (12 C.ER, Part 1024), as they may be amended from time to time, or any additional or successor federal legislation or regulation that govemns the same, subject matter. When used in this Security Instrument, *RESPA® refers to all requirements and restrictions that would apply to a "federally related mortgage loan® even if the Loan does not qualify as a “federally related mortgage loan™ under RESPA, (X) "Successor in Interest of Borrower” means any party that has taken title to the Property, whether or not that party has assumed Borrower’s obligations undet the Note and/or this Security Instrument, ‘ OREGON-Single Famiy-Farviie MaoTreddia Mac UNIFORM INSYRIMENY (MERS) L4 Forv 3038 0772024 Wolers Kluwer Financial Services, ing,: 10/2025 2020032526.%.0.6405-J20251118Y Paged ol s HIECE I (Y) “UETA" means the Uniform Electronic Transactions Act, as enacted by the jurisdiction in which the Propcny is located, as it may be amended from time to time, or any applicable additional or successor Jegislation that govems the same subject matter, Transfer of Rights in the Property. This Security Instrument secures to Lender (i) the repayment of the Loan, and all renewals, extensions, and modifications of the Note, and (ii) the performance of Borrower’s covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Klamath: THE FOLLOWING DESCRIBED REAL PROPERTY SITUATED IN THE CITY OF KLAMATH FALLS, COUNTY OF KLAMATH, STATE OF OREGON, DESCRIBED AS: PARCEL 1 OF LAND PARTITION 26-00, BEING PART OF PARCEL 2 OF MAJOR LAND PARTITION 29-88, SITUATE IN THE S1/2 SW1/4 OF SECTION 2, TOWNSHIP 39 SOUTH, RANGE 9 EAST OF THE WILLAMETTE MERIDIAN, KLAMATH COUNTY, OREGON, EXCEPTING THEREFROM A PARCEL OF LAND SITUATED IN THE S1/2 SW1/4 OF SECTION 2, TOWNSHIP 39 SOUTH, RANGE 9 EAST OF THE WILLAMETTE MERIDIAN, KLAMATH COUNTY, OREGON, BEING THE EASTERLY 23.00 FEET OF PARCEL 1 OF LAND PARTITION 26-00, KLAMATH COUNTY, OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEASTERLY CORNER OF PARCEL I OF SAID LAND PARTITION 26-00; THENCE NORTH 66 DEGREES 51 MINUTES 00 SECONDS WEST ALONG THE SOUTHERLY LINE OF SAID PARCEL 1, A DISTANCE OF 23.00 FEET TO A POINT; THENCE NORTHEASTERLY AND PARALLEL TO THE EASTERLY BOUNDARY OF SAID PARCEL 1, NORTH 23 DEGREES 09 MINUTES 00 SECONDS EAST A DISTANCE OF 161.28 FEET TO THE NORTHERLY LINE OF SAID PARCEL 1; THENCE SOUTHEASTERLY ALONG SAID NORTHERLY LINE OF PARCEL 1, SOUTH 66 DEGREES 51 MINUTES 00 SECONDS EAST A DISTANCE OF 23.00 FEET TO THE NORTHEASTERLY CORNER OF SAID PARCEL 1; THENCE SOUTHWESTERLY ALONG THE EASTERLY LINE OF SAID PARCEL 1, SOUTH 23 DEGREES 09 MINUTES 00 SECONDS WEST A DISTANCE OF 161.28 FEET TO THE SOUTHEASTERLY CORNER OF SAID PARCEL 1 AND THE POINT OF BEGINNING. (BEARINGS BASED ON LOT LINE ADJUSTMENT 19-05) Parcel ID Number(s): 3909-00200-00102 which currently has the address of 4630 Sjodin Ln, Klamath Falls, Oregon 97603 ("Property Address™); TOGETHER WITH all the improvements now or subscquently erccted on the property, including replacements and additions to the improvements on such property, all property rights, including, without limitation, all casements, appurtenances, royaltics, mineral rights, oil or gas nghts or profits, water rights, and fixtures now or subsequently a part of the property. All of the foregoing is referred to in this Security Instrument as the "Propenty.™ BORROWER REPRESENTS, WARRANTS, COVENANTS, AND AGREES that: (i) Borrower lawfully owns and possesses the Property conveyed in this Security Instrument in fee simple or lawfully has the right to use and occupy the Property under a leaschold estate; (ii) Borrower has the right to grant and convey the Property or Borrower's leasehold interest in the Property; and (iii) the Property is unencumbered, and not subject to any other ownership interest in the Property, except for encumbrances and ownership interests of record, Borrower warrants generally the title to the Property and covenants and agrees to defend the title to the Property against all claims and demands, subject to any encumbrances and ownership interests of record as of Loan closing. THIS SECURITY INSTRUMENT combines —......... -dvenants for muoml use with limited variations and non~umfonn covenants that retlect specific Oregon state requirements to constitute a uniform security instrument covering real property. Uniform Covenants. Borrower and Lender covenant and agree as follows; 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower will pay cach Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument, Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or alf subsequent payments due under the Note and this Security Instrument be made in on¢ or more of the following s 3490074694 T OREGON-Singia Famity-Fannie MulFMdll Mad UNIFORM INSTRUMENT (MERS) " Form 3038 071202; 10/202 Wollers Kiuwer Financial Sanvices, Ing, 2026032926.1.0.6405-J20251118Y Page b ol 18 S 551410 1] forms, as selected by Lender: (a) cash; (b) money order; (¢) centified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S, federal agency. instrumentality, or entity; or (d) Electronic Fund Transfer, Payments are deemed received by Lender wheni received at the Jocation designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept of return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relicve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument, 2. Acceptance and Application of Payments or Proceeds. (a) Acceptance and Application of Partial Payments. Lender may accept and either apply or hold in suspense Partial Payments in its sole discretion in accordance with this Section 2, Lender is not obligated to accept any Partial Payments of to apply any Partial Payments at the time such payments are accepted, and also is not obligated to pay interest on such unapplied funds. Lender may hold such unapplicd funds until Borrower makes payment sufficient to cover a full Periodic Payment, at which time the amount of the full Periodic Payment will be applied to the Loan, If Borrower does not make such a payment within a reasonable period of time, Lender will cither apply such funds in accordance with this Section 2 or retum them to Borrower. If not applied earlier, Partial Payments will be credited against the total amount due under the Loan in calculating the amount due in connection with any foreclosure proceeding, payoff request, loan modification, or reinstatement, Lender may accept any payment insufficient to bring the Loan current without waiver of any rights under this Security Instrument or prejudice to its rights to refuse such payments in the future, (b) Order of Application of Partial Payments and Perfodic Payments. Except as otherwise described in this Section 2, if Lender applics a payment, such payment will be applied to cach Periodic Payment in the order in which it became dug, beginning with the oldest outstanding Periodic Payment, as follows: first to interest and then to principal due under the Note, and finally to Escrow Items. If all outstanding Periodic Payments then due are paid in full, any payment amounts remaining may be applied to late charges and to any amounts then due under this Security Instrument, If all sums then due under the Note and this Security Instrument are paid in full, any remaining payment amount may b; applied, in Lender's sole discretion, to a future Periodic Payment of to reduce the principal balance of the Note, If Lender receives a payment from Borrower in the amount of one or more Periodic Payments and the amount of any late charge due for a delinquent Periodic Payment, the payment may be applied to the delinquent payment and the late charge. ' When applying payments, Lender will apply such payments in accordance with Applicable Law. (¢) Voluntary Prepayments. Voluntary prepayments will be applied as described in the Note, (d) No Change to Payment Schedule. Any application of payments, insurance proceeds, or Miscellancous Proceeds to principal due under the Note will not extend or postpone the due date, of change the amount, of the Periodic Payments. 3. Funds for Escrow ltems. (a) Escrow Requirement; Escrow Items. Borrower must pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum of money to provide for payment of amounts due for all Escrow Items (the “Fund«"* Th~ smount of the Funds required to be paid each month may change during the term of the Loan, Borrower must promptly furnish to Lender all notices or invoices of amounts to be paid under this Section 3, (b) Payment of Funds; Walver. Borrower must pay Lender the Funds for Escrow Items unless Lender waives this obligation in writing. Lender may waive this obligation for any Escrow Item atany time, In the event of such waiver, Borrower must pay directly, when and where payable, the amounts due for any Escrow Items subject to the waiver, If Lender has waived the requirement to pay Lender the Funds for any or all Escrow Items, Lender may require Botrower to provide proof of direct payment of those items within such time period as Lendez may require. Borrower's obligation to make such timely payments and to provide proof of payment is deemed to be a covenant and agreement of Borrower under this Security Instrument, If Borrower is obligated to pay Escrow Items directly pursuant to a waiver, and Borrower fails to pay timely the amount due for an Escrow Item, Lender IAYVUT SO OREGON-Single Family-Fannie MaaFreddie Mac UNIFORM INSTRUMENT (MERS) Fore 3038 07/2021 WoRers Khawer Financial Services, Ine, 102028 i 2026032526.1.0.6408-720251118Y Page st 0 HESE M # may exercise its rights under Section 2 to pay such amount and Borrower will be obligated to repay to Lender any such amount in accordance with Section 9, Lender may withdraw the waiver as to any ot all Escrow Items at any time by giving a notice in accordance with Section [6; upon such withdrawal, Borrower must pay to Lender all Funds for such Escrow Items, and in such amounts, that are then required under this Section 3. (¢) Amount of Funds; Application of Funds. Lender may, at any time, collect and hold Funds in an amount up to, but not in excess of, the maximum amount a lender can require under RESPA. Lender will estimate the amount of Funds due in accordance with Applicable Law, ‘The Funds will be held in an institution whose deposits are insured by a U.S, federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender will apply the Funds to pay the Escrow Items no Jater than the time specified under RESPA. Lender may not charge Borrower for: (i) bolding and applying the Funds; (ii) annually analyzing the escrow account; or (iii) verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless Lender and Borrower agree in writing ot Applicable Law requires jnterest to be paid on the Funds, Lender will not be required to pay Borrower any interest or eamings on the Funds. Lender will give to Borrower, without charge, an annual accounting of the Funds as required by RESPA. (d) Surplus; Shortage and Deficiency of Funds. In accordance with RESPA, if there is a surplus of Funds held in escrow, Lender will account to Borrower for such surplus. If Borrower's Periodic Payment is delinquent by more than 30 days, Lender may retain the surplus in the escrow account for the payment of the Escrow Items. If there is a shortage ot deficiency of Funds held in escrow, Lender will notify Borrower and Borrower will pay to Eender the amount necessary to make up the shortage or deficiency in accordance with RESPA, ' Upon payment in full of all sums secured by this Security Instrument, Lender will promptly refund to Bormrower any Funds held by Lender, _ ’ 4. Charges; Llens. Borrower must pay (a) all taxcs, assessments, charges, fines, and impositions attributable to the Property which have priority or may attain priority over this Security Instrument, (b) leaschold payments or ground rents on the Property, if any, and (¢) Community Assoctation Dues, Fecs, and Assessments, if any. If any of these items are Escrow Items, Borrower will pay them in the manner provided in Section 3, i Borrower must promptly discharge any lien that has priority or may attain priority over this Security Instrument unless Borrower: (aa) agrees in writing to the payment of the obligation secured by the lien in 2 manner acceptable to Lender, but only so long as Borrower is performing under such agreement; (bb) contests the lien in good faith by, or defends against enforéement of the lien in, legal proceedings which Lender determines, in its sole discretion, operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (¢c) secures from the holder of the lien an agreement satisfactory to Lender that subordinates the lien to this Security Instrument (collectively, the “Required Actions ). If Lender determines that any part of the Property is subject to a lien that has priority or may attain priority over this Security Instrument and Borrower has not taken any of the Required Actions in regard to such lien, Lender may give Borrower a notice identifying the lien. Within 10 days after the date on which that notice is given, Borrower must satisfy the lien or take one or more of the Required Actions. 5. Property Insurance. (a) Insurance Requirement; Coverages. Borrower must keep the improvements now existing or subsequently erected on the Property insured »~sinee facg by fire, hazards inchuded within the term *extended coverage,” and any other hazards incruging, but not limited to, earthquakes, winds, and floods, for which Lender requires insurance. Borrower must maintain the types of insurance Lender requires in the amounts (including deductible Ievels) and for the periods that Lender requires; What Lender requires pursuant to the preceding sentences can change during the term of the Loan, and may exceed any minimum coverage required by Applicable Law, Borrower may choose the insurance carrier providing the insurance, subject to Lender's right to disapprove Borrower’s choice, which right will not be exercised unreasonably, (b) Failure to Maintain Insurance. If Lender has a reasonable basis to believe that Borrower has failed to maintain any of the required insurance coverages described above, Lender may obtain insurance coverage, 3t Lender’s option and at Borrower's expense, Unless required by Applicable Law, Lender is under no obligation to advance premiums for, of to seek to reinstate, any prior lapsed » - ’ h ’ ) - VRN SONS ’ OREGON-Singie Family-Fannie MaaFreddis Mad UNIFORM INSTRUMENT (MERS) Form 3038 0772021 ‘Wolters Kiuwer Financial Services, Ing, 3072023 2026032526.1.9.6405-J20251118Y Page g of 38, {5 [ coverage obtained by Borrower. Lender is under no obligation to purchase any particular type or amount of coverage and may select the provider of such insurance in its sole discretion, Before purchasing such coverage, Lender will notify Borrower if required to do so under Applicable Law, Any such coverage will insure Lender, but might not protect Borrower, Borrower’s equity in the Property, or the contents of the Property, against any risk, hazard, or liability and might provide greater or lesser coverage than was previously in effect, but not exceeding the coverage required under Section 5(3), Borrower acknowledges that the cost of the insurance coverage so obtained may significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender for costs associated with reinstating Borrower’s insurance policy or with placing new insurance under this Section § will become additional debt of Borrower secured by this Security Instrument, These amounts wilt beac interest at the Note rate from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment, (c) Insurance Policles, All insurance policies required by Lender and renewals of such policies: (i) will be subject to Lender's right to disapprove such policies; (ii) must include a standard mortgage clause; and (iii) must name Lender as mortgagee and/or as an additional loss payee, Lender will have the right to hold the policies and renewal certificates. If Lender requires, Borrower will promptly give to Lender proof of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy ;nus! include a standard mortgage clause and must name Lender as mortgagee and/or as an additional oss payee. (d) Proof of Loss; Application of Proceeds. In the event of loss, Borrower must give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Any insurance proceeds, whether or not the underlying insurance was required by Lender, will be applicd to restoration or repair of the Property, if Lender deems the restoration or repair to be economically feasible and determines that Lender's security will not be Jessened by such restoration or Tepalr, 1f the Property is to be repaired or restored, Lender will disburse from the insurance proceeds any initial amounts that are necessary to begin the repair or restoration, subject to any restrictions applicable to Lender, During the subsequent repair and restoration period, Lender will have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction (which may include satisfying Lender's minimum eligibility requirements for persons repairing the Property, including, but not limited to, licensing, bond, and insurance requirements) provided that such inspection must be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment of in a series of progress payments as the work is completed, depending on the size of the repair ot restoration, the terms of the repair agreement, and whether Borrower s in Default on the Loan, Lender may make such disbursements directly to Borrower, to the person repairing or restoring the Property, or payable Jointly to both. Lender will not be required to pay Borrower any interest o earnings on such insurance proceeds unless Lender and Borrower agree in writing or Applicable Law requires otherwise. Fees for public adjusters, or other third partics, retained by Borrower will not be paid out of the insurance proceeds and will be the sole obligation of Borrower. If Lender deems the restoration or repair not to be economically feasible or Lender's security would be lessened by such restoration or repair, the insurance proceeds will be applied to the sums secured by this Security Instrument, whether or not then duc, with the excess, if any, paid to Borrower. Such insurance proceeds will be applied in the order that Partial Payments are applied in Section 2(b). (¢) Insurance Settlements; Assignment of Proceeds. If Borrower abandons the Property, Lender’ may file, negotiate, and settle any available i=<-~~~~ ~Taim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim, The 30-day period will begin when the notice is given. In either event, of if Lender acquires the Property under Section 26 of otherwise, Borrower is unconditionally assigning to Lender (i) Borrower’s rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note and this Security Instrument, and (ii) any other of Borrower's rights (other than the right to any refund of uncamed premiums paid by Borrower) under all insurance policics covering the Property, to the extent that suchi rights are applicable to the coverage of the Property. If Lender files, negotiates, or settles a ¢laim, Borrower agrees that any insurance proceeds may be made payable directly to Lender without the need to include Borrower as an additional loss payee. Lender may use the insurance proceeds either to repair or restore the Property (as provided in Section 5(d)) or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due, ‘ ‘ N o C 3490074694 ’ ’ ) T OREGON-Singie Family-F annie MaeFreddie Mas UNIFORM INSTRUMENT (MERS) Form 3038 0772021 ‘Wolers iouwer Financial Senvices, ing, 3 202025 2026032526.1.0.6405-J20251116Y Page T ol HEE B 6. Occupancy. Borrower must occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and must continue to occupy the Property as Borrower's principal residence for at Icast one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent will not be unreasonably withheld, ot unless extenuating circumstances exist that are beyond Borrower’s control, 7. Preservation, Maintenance, and Protection of the Property; Inspections. Borrower will not destroy, damage, or impair the Property, allow the Property to deteriorate, or commit waste on the Property, Whether or not Borrower is residing in the Property, Borrower must maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition, Unless Lender determines pursuant to Section 5 that repair or restoration is not economically feasible, Borrower will promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid to Lender in connection with damage to, or the taking of, the Property, Borrower will be responsible for repairing or restoring the Property only if Lender has released proceeds for such purposes., Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed, depending on the size of the repair or restoration, the terms of the repair agreement, and whether Borrower is in Default on the Loan. Lender may make such disbursements directly to Borrower, to the person repairing or restoring the Property, or payable jointly to both. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower remains obligated to complete such repair or restoration, Lender may make reasonable entrics upon and inspections of the Property. If Lender has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender wilt give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower’s Loan Application. Borrower will be in Default if, during the Loan application process, Borrower or any persons or entities acting at Borrower's direction or with Borrower's knowledge or consent gave materially false, misleading, of inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan, including, but not fimited to, overstating Borrower’s income or assets, understating or failing to provide documentation of Borrower's debt obligations and liabilities, and misrepresenting Borrower's occupancy or intended occupancy of the Property as Borrower's principal residence. 9. Protection of Lender’s Interest In the Property and Rights Under this Security Instrument. () Protection of Lender’s Interest. If: (i) Borrower fails to perform the covenants and agreements contained in this Security Instrument; (ii) there is a egal proceeding or government order that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien that has priority or may attain prionty over this Security Instrument, or to enforce laws or regulations); or (iii) Lender reasonably believes that Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and/or rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender’s actions may include, but are not limited tog (I) paying any sums secured by a lien that has priority or may attain prioity over this Security Instrument; (11) appearing in court; and (I1T) paying: (A) reasonable attomeys' fees and costs; (B) property inspection and valuation fees; and (C) other fees incurred for the purpose of protecting Lender's interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptey proceeding. Securing the Property includes, but is not limited to, exterior and interior inspections of the Property, entering the Property t0 make renaire ehanging focks, replacing or boarding up doors and windows, draining water from pipes, elimunaung ouilding or other code viotations ox dangerous conditions, and having utilities tumed on or off. Although Lender may take action under this Section 9, Lender is not required to do so and is not under any duty or obligation to do so, Lender will not be liable for not taking any or all actions authorized under this Section 9. (b) Avoiding Foreclosure; Mitigating Losses. If Borrower is in Default, Lender may work with Borrower to avoid forcclosure and/or mitigate Leader’s potential losscs, but is not obligated to do so unless required by Applicable Law. Lender may take reasonable actions to evaluate Borrower for available alternatives to foreclosure, including, but not limited to, obtaining ¢redit reports, title reports, title insurance, property valuations, subordination agreements, and third-party approvals, Borrower authorizes and consents to these actions. Any costs associated with such foss mitigation activitics may OREGON-Single Famity-F annie MaaFredde Mac UNIFORM INSTAUMENT (MERS) Fom 3038 0772021 Wollers Kiuwer Financial Services, Inc, . NS 2026032526.9.0.6405-J20251114Y Pogedofg HIEGE I be paid by Lender and recovered from Bofrower as described below in Section 9(c), unless prohibited by Applicable Law, (c) Additional Amounts Secured. Any amounts disbursed by Lender under this Section 9 will become additional debt of Borrower secured by this Security Instrument, These amounts may bear interest at the Note rate from the date of “disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment. () Leasehold Terms. If this Security Instrument is on a leasehold, Borrower will comply Wxth all the provisions of the lease. If Borrower acquires fee title to the Property, the leaschold and the fee title will not merge unless Lender agrees to the merger in writing, 10. Assignment of Rents. (a) Assignment of Rents. If the Property i is leased to, used by or occupied by a third party (“Tenant™), Borrower is unconditionally assigning and transferting to Lender any Rents, regardless of to whom the Rents are payable. Borrower authorizes Lender to ¢ollect the Rents, and agrees that cach Tenant will pay the Rents to Lender, However, Borrower will receive the Rents untxl (i) Lender has given Borrower notice of Default pursuant to Scetion 26, and (ii) Lender has given notice to the Tenant that the Rents are to be paid to Lender. This Section 10 constitutes an absolute assignment and not an assignment for additional security only. (b) Notice of Default. If Lender gives notice of Default to Borrower: (i) all Rents received by Borrower must be held by Borrower as trustee for the benefit of Lender only, to be applied to the sums secured by the Security Instrument; (ji) Lender will be entitled to collect and receive all of the Rents; (iii) Borrower agrees to instruct each Tenant that Tenant is to pay all Rents due and unpaid to Lender upon Lender's written demand to the Tenant; (iv) Borrower will ensure that cach Tenant pays all Rents due to Lender and will take whatever action is necessary to collect such Rents if not paid to Lender; (v) unless Applicable Law provides otherwise, all Rents collected by Lender will be applied first to the costs of taking control of and managing the Property and collecting the Rents, including, but not limited to, reasonable attomeys' fees and costs, receiver's fees, premiums on receiver’s bonds, repair and maintenance costs, insurance premiums, taxes, assessments, and other charges on the Property, and then to any other sums secured by this Security Instrument; (vi) Lender, or any judicially appointed receiver, will be liable to account for only those Rents actually received; and (vii) Lender will be entitled to have a receiver appointed to take possession of and manage the Property and collect the Rents and profits derived from the Property without any showing as to the inadequacy of the Property as security, (¢) Funds Paid by Lender. If the Rents are not ufticient to cover the costs of taking control of and managing the Property and of collecting the Rents, any funds paid by Lender for such purposes will become indebtedness of Borrower to Lender secured by this Security Instrument pursuant to Section 9. (d) Limitation on Collection of Rents. Borrower may not collect any of the Rents more than one month in advance of the time when the Rents become due, except for security or similar deposits, (¢) No Other Assignment of Rents. Borrower represents, warrants, covenants, and agrees that Bormrower has not signed any prior assignment of the Rents, will not make any further assignment of the Rents, and has not performed, and will not perform, any act that could prevent Lender from exercising its rights under this Security Instrument. (0) Control and Maintenance of the Property. Unless required by Applicable Law, Lender, of a receiver appointed under Applicable Law, is not obligated to enter upon, take control of, or maintain the Property before or after giving notice of Default to Borrower. However, Lender, or a receiver appomted under Applicable Law, may do so »* +~v+ ¢ima when Borrower is in Default, subject to Applicable Law, (g) Additional Provisions. Any application of the Rents will not cure or waive any Default or invalidate any other right or remedy of Lender, This Section 10 does not relieve Borrower of Borrower’s obligations under Section 6. This Section 10 will terminate when all the sums secured by this Security Instrument are paid in full, 11. Mortgage Insurance. : (2) Payment of Premiums; Substitution of Policy; Loss Reserve; Protection of Lender. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower will pay the premiums required to maintain the Mortgage Insunncc in effect, If Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, and (i) the Mongagc Insurance 2490070008 ’ B OREGON-Single Famity-Fannie MMMd‘l Mag UNIFORM INSTRUMENT (MERS) Form 3038 0772021 Servicen, In¢, 1072028 Wolters Khwer Finandiad 2026032526.1.0,8408-J20251118Y Page ol sy R B coverage required by Lender ceases for any reason to be available from the mortgage insurer that previously provided such insurance, or (ii) Lender determines in its sole discretion that such mortgage insurer is no longer eligible to provide the Mortgage Insurance coverage required by Lender, Borrower will pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender, If substantially equivalent Mortgage Insurance coverage is not available, Borrower will continue to pay to Lender the amount of the separately designated payments that were due when the josurance coverage ceased to be in effect, Lender will accept, use, and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve will be non-refundable, even when the Loan is paid in full, and Lender witl not be required to pay Borrower any interest or camings on such Toss reserve., Lender will no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower will pay the premiums required to maintain Mortgage Insurance in effect, of to provide a non-refundable loss reserve, until Lender’s requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is Equired by Applicable Law. Nothing in this Section 11 affects Borrower’s obligation to pay interest at ¢ Note rate. (b) Mortgage Insurance Agreements. Mortgage Insurance reimburses Lender for certain Josses Lender may incur if Borrower does not repay the Loan as agreed, Borrower is not a party to the Mortgage Insurance policy or coverage. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses, These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As aresult of these agreements, Lender, another insurer, any reinsurer, any other entity, or.any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (ot might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer’s risk, ot reducing fosses, Any such agreements will pots (i) affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan; (ii) increase the amount Borrower will owe for Mortgage Insurance; (iii) entitle Borrower to any refund; or (iv) affect the rights Borrower has, if any, with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 (12 US.C. § 4901 et seq.), as it may be amended from time to time, or any additional or successor federal legistation or regulation that governs the same subject matter (“JIPA”). These rights under the HPA may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insuranée terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were uncamed at the time of such cancellation or termination, 12. Asslgnment and Application of Miscellaneous Proceeds; Forfeiture. (a) Assignment of Miscellaneous Proceeds. ... .. .. is unconditionally assigning the right to receive alt Miscellancous Proceeds to Lender and agrees that such amounts will be paid to Lender. (b) Application of Miscellancous Proceeds upon Damage to Property. If the Property is damaged, any Miscellancous Proceeds will be applied to restoration or repair of the Property, if Lender deems the restoration of repair to be economically feasible and Lender's security will not be lessened by such restoration or repait, During such repair and restoration period, Lender will have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect the Property to ensure the work has been completed to Lender’s satisfaction (which may include satisfying Lender’s minimum eligibility requirements for persons repairing the Property, including, but not limited to, licensing, bond, and insurance requirements) provided that such inspection must be undertaken promptly. Lender may pay for the repairs and restoration in a singfe disbursement or in a series of progress payments as the work is completed, depending on the size of the repair or restoration, the terms of the repair i B _ 34900744694 ) I B OREGON-Single Family-Fannie MaeFreddie Mag UNIFORM INSTALMENT (MERS) Form 3038 07/2021 Wokers Khoawer Financial Services, ine, 1072028 202603252¢.1.0.6405-920251114Y Page N0 of 18 e U agreement, and whether Borrower is in Default on the Loan. Lender may make such disbursements directly to Borrower, to the person repairing or restoring the Property, or payable jointly to both. Unless Lender and Borrower agree in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender will not be required to pay Borrower any interest or camings on such Miscellancous Proceeds. If Lender deems the restoration or repair not to be economically feasible or Lender’s security would be lessened by such restoration or repair, the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower, Such Miscellaneous Proceeds will be applied in the order that Partial Payments are applied in Section 2(b). ‘ (c) Application of Miscellancous Proceeds upon Condemnation, Destruction, or Loss in Value of the Property. In the event of a total taking, destruction, or loss in value of the Property, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower, In the event of a partial taking, destruction, or Joss in value of the Property (cach, a “Partial Devaluation™) where the fair market value of the Property immediately befors the Partial Devaluation is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the Partial Devaluation, a percentage of the Miscellancous Proceeds will be applied to the sums secured by this Security Instrument unless Borrower and Lender otherwise agree in writing. The amount of the Miscellancous Proceeds that will be so applied is determined by multiplying the total amount of the Miscellaneous Proceeds by a percentsge calculated by taking (i) the total amount of the sums secured immediately before the Partial Devaluation, and dividing it by (ii) the fair market value of the Property immediately before the Partial Devaluation, Any balance of the Miscellaneous Proceeds will be paid to Borrower, In the event of a Partial Devaluation where the fair market value of the Property immediately before the Partial Devaluation is less than the amount of the sums secured immediately before the Partial Devaluation, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security lns}rumcnt. whether or not the sums are then due, unless Borrower and Lender otherwise agree in writing. (d) Settlement of Claims, Lender is authorized to collect and apply the Miscellaneous Proceeds either to the sums secured by this Security Instrument, whether of not then due, or to restoration of repair of the Property, if Borrower (i) abandons the Property, or (ii) fails to respond to Lender within 30 days after the date Lender notifics Borrower that the Opposing Party (as defined in the next sentence) offers to settle a claim for damages, “Opposing Party™ means the third party that owes Borrower the Miscellancous Proceeds or the party against whom Borrower has a right of action in regard to the Miscellaneous Proceeds. ' (¢) Proceeding Affecting Lender's Interest In the Property. Borrower will be in Default if any action or proceeding begins, whether civil or criminal, that, in Lender's judgment, could result in forfeiture of the Property or other material impainment of Lender’s interest in the Property or rights under this Security Instrument. Borrower can cure such a Default and, if acceleration has occurred, reinstate as provided in Section 20, by causing the action or proceeding to be dismissed with a ruling that, in Lender’s judgment, prechudes forfeiture of the Property or other material impairment of Lender’s interest in the Property or rights under this Security Instrument. Borrower is unconditionally assigning to Lender the procecds of any award or claim for damages that are attributable to the impairment of Lender’s interest in the Property, which proceeds will be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or}:epaix of the Property will be applied jn the order that Partial Payments are applied in Section 2(b). ' 13. Borrower Not Released; Forbearar.__ _, __.der Not a Waiver. Borrower or any Successor in Interest of Borrower will not be released from liability under this Security Instrument if Lender extends the time for payment or modifics the amortization of the sums secured by this Security Instrument. Lender will not be required to commence proceedings against any Successor in Interest of Borrower, of to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument, by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender’s acceptance of payments from third persons, entities, or Sugcessors in Interest of Borrower or in amounts Iess than the amount then due, will not be a waiver of, or preclude the exercise of, any right or remedy by Lender, 14. Joint and Several Llabllity; Signatorles; Successors and Assigns Bound. Borrower's obligations and liability under this Security Instrument will be joint and several. However, any ) " 3490074694 i OREGON-Single Famity-Farvia MaaFreddis Mac UNIFORM INSTRUMENT (MERS) Fom 3038 07/2021 Wokern Kiuwer Financial Senvices, Ing,; 2028 2026032526.3.0.6405-J20251118Y Page 110/ 38 HIEGER B Borrower who signs this Security Instrument but does not sign the Note: (a) signs this Security Instrument to mortgage, grant, and convey such Borrower's interest in the Property under the terms of this Security Instrument; (b) signs this Security Instrument to waive any applicable inchoate rights such as dower and curtesy and any available homestead exemptions; (c) signs this Security Instrument to assign any Miscellaneous Proceeds, Rents, or other eamings from the Property to Lender; (d) is not personally obligated to pay the sums due under the Note or this Security Instrument; and (¢) agrees that Lender and any other Borrower can agres to extend, nodify, forbear, or make any accommodations with regard to the terms of the Note or this Security Instrument without such Bormower’s consent and without affecting such Borrower's obligations under this Security Instrument, Subject to the provisions of Section 19, any Successor in Interest of Borrower who assumes -Borrower's obligations under this Security Instrument in writing, and is approved by Lender, will obtain all of Borrower’s rights, obligations, and benefits under this Security Instrument. Borrower will not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing, 15. Loan Charges. (2) Tax and Flood Determination Fees. Lender may require Borrower to pay (i) a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan, and (i) cither (A) 2 onc-time charge for flood zone determination, certification, and tracking services, or (B) 2 one-time charge for flood zone determination and certification services and subsequent charges cach time remappings or similar changes occur that reasonably might affect such determination or certification, Borrower will also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency, o any successor agency, at any time during the Loan term, in connection with any flood zone determinations, {b) Default Charges. If permitted under Applicable Law, Lender may charge Borrower fees for services performed jn connection with Borrower’s Default to protect Lender’s interest in the Property and rights under this Security Instrument, including: (i) reasonable attomeys' fees and costs; (if) property inspection, valuation, mediation, and loss mitigation fees; and (iii) other related fees. (¢) Permissibility of Fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower should not be construed as a prohibition on the charging of such fee, Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law, ) (d) Savings Clause, If Applicable Law sets maximum loan charges, and that faw i finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then (i) any such loan charge will be reduced by the amount necessary to reduce the charge to the permitted limit, and (ii) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction witl be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). To the extent permitted by Applicable Law, Borrower’s acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have atising out of such overcharge. 16. Notices; Borrower's Physlcal Address. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing, (a) Notices to Borrower. Unless Applicable Law requires a different method, any written notice to Borrower in connection with this Security [nstrument will be deemed to have been given to Borrower when (i) mailed by first class mail, or (i) act_., _.... red to Borrower’s Notice Address (as defined in Section 16(c) below) if sent by means other than first class mail or Electronic Communication (as defined in Section 16(b) below), Notice to any one Borrower will constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. If any notice to Borrower required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument, (b) Electronic Notice to Borrower, Unless another delivery method is required by Applicable Law, Lender may provide notice to Borrower by ¢-mail of other electronic communication ( “Electronic Communleation”) if: (i) agreed to by Lender and Borrower in writing; (ii) Borrower has provided Lender with Borrower’s e-mail or other electronic address (“Electronic Address*); (iii) Lender provides Borrower with the option to reccive potices by first class mail or by other non-Electronic Communication instcad of by Electronic Communication; and (iv) Lender otherwise complies with B T - . 3a9007e5v4 T ’ i ’ ' OREGON-Single Famity-£ annis MasFreddie Mac UNIFORM INSTRUMENT (MERS) Form 3038 07/2024 Wolters Khawer Financial Services, 1, , ' 1012025 2026032626,1.0.6406-32028 1Y Page 12088 HIEGER IR Applicable Law, Any notice to Borrower sent by Electronic Communication in connection with this Security Instrument will be deemed to have been given to Borrower when sent unltess Lender becomes aware that such notice is not delivered. If Lender becomes aware that any notice sent by Electronic Communication is not delivered, Lender will resend such communication to Borrower by first class mail or by other non-Electronic Communication, Borrower may withdraw the agreement to receive Electronic Communications from Lender at any time by providing written notice to Lender of Borrower’s withdrawal of such agreement, (¢) Borrower's Notice Address. The address to which Lender will send Borrower notice (*Notice Address”) will be the Property Address unless Borrower has designated a different address by written notice to Lender. If Lender and Borrower have agreed that notice may be given by Electronic Communication, then Borrower may designate an Electronic Address as Notice Address, Borrower will promptly notify Lender of Borrower’s change of Notice Address, including any changes to Borrower's Electronic Address if designated as Notice Address. If Lender specifies a procedure for reporting Borrower’s change of Notice Address, then Borrower will report a change of Notice Address only through that specified procedure. (d) Notices to Lender. Any notice to Lender will be given by defivering it or by mailing it by first class mail to Lender’s address stated in this Security Instrument unless Lender has designated another address (including an Electronic Address) by notice to Borrower, Any notice in connection with this Security Instrument will be deemed to have been given to Lender only when actually received by Lender at Lender's designated address (which may include an Electronic Address). If any notice to Lender required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument, (¢) Borrower's Physical Address. In addition to the designated Notice Address, Borrower will provide Lender with the address where Borrower physically resides, if different from the Property Address, and notify Lender whenever this address changes. ' 17. Governing Law; Severability; Rules of Construction, This Security Instrument is govemed by federal law and the law of the State of Oregon. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law, If any provision of this Security Instrument or the Note conflicts with Applicable Law (i) such conflict will not affect other provisions of this Security Instrument of the Note that ¢an be given cffect without the conflicting provision, and (ii) such conflicting provision, to the extent possible, will be considered modified to comply with Applicable Law. Applicable Law might explicitly or implicitly allow the partics to agree by contract or it might be silent, but such silence should not be construed as a prohibition against agreement by contract, Any action required under this Security Instrument to be made in accordance with Applicable Law is to be made in accordance with the Applicable Law in effect at the time the action is undertaken. As used in this Security Instrument: (a) words in the singular will mean and include the plural and vice versa; (b) the word "may™ gives sole discretion without any obligation to take any action; (¢) any reference to “Section” in this document refers to Sections contained in this Security Instrument unless otherwise noted; and (d) the headings and captions are inserted for convenience of reference and do not define, limit, or describe the scope or intent of this Security Instrument or any particular Section, paragraph, or provision. 18. Borrower's Copy. One Borrower will be given one copy of the Note and of this Security Instrument. 19, Transfer of the Property or a Beneficlal Interest in Borrower. For purposes of this Section 19 only, “Interest in the Property™ meane anv Tagal or beneficial interest in the Property, including, but not limited to, those beneficial inwerests wansferred in a bond for deed, contract for deed, installment sales contract, ot escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date. ' Ifalf or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender’s prior written consent, Lender may require immediate payment in full of al{ sums secured by this Security Instrument, However, Lender will not exercise this option if such exercise is prohibited by Applicable Law, If Lender exercises this option, Lender will give Borrower notice of acceleration, The notice will provide a period of not less than 30 days from the date the notice is given in accordance with Section 16 within which Borrower must pay all sums secured by this Security Instrument, I Borrower fails e v OREGON-Singfs Famity-Fannie MsaFreddie Mas UNIFORM INSTRUMENT (MERS) ‘Form 3038 07/202% Wolers Xiuwer Financial Services, ine, 1072025 2026032526.1.0.8405-J20251418Y Page 13t 1e. N6 B to pay these sums prior to, or upon, the expiration of this period, Lender may invoke any remedics permitted by this Security Instrument without further notice or demand on Borrower and will be entitled to collect all expenses incurred in pursuing such remedies, including, but not limited tos (a) reasonable attorneys' fees and costs; (b) property inspection and valuation fees; and (c) other fees incurred to protect Lender's Interest in the Property and/or rights under this Security Instrument, 20. Borrower's Right to Relnstate the Loan after Acceleration. If Borrower meets certain conditions, Borrower will have the right to reinstate the Loan and have enforcement of this Sceurity Instrument discontinued at any time up to the fater of (2) five days before any foreclosure sale of the Property, or (b) such other period as Applicable Law might specify for the termination of Borrower’s right to reinstate. This right to reinstate will not apply in the case of acceleration under Section 19, To reinstate the Loan, Borrower must satisfy all of the following conditions; (aa) pay Lender all sums that then would be due under this Security Instrument and the Note as if no acceleration had occusred; (bb) cure any Default of any other covenants or agreements under this Security Instrument of the, Note: (cc) pay all expenses incurred in enforcing this Security Instrument or the Note, including, but not limited to: (i) reasonable attomeys' fees and costs; (ii) property inspection and valuation fees: and (iii) other fees incurred to protect Lender’s interest in the Property and/or rights under this Security Instrument or the Note; and (dd) take such action as Lender may reasonably require to assure that Lender's interest in the Property and/or rights under this Security Instrument or the Note, and Borrower’s obligation to pay the sums secured by this Security Instrument or the Note, will continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (aaa) cash; (bbb) money order; (cc¢) certified check, bank check, treasurer’s check, or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (ddd) Electronic Fund Transfer, Upon Borrower’s reinstatement of the Loan, this Security Instrument and obligations secured by this Security Instrument will remain fully effective as if no acceleration had occurred, 21, Sale of Note, The Note or a partial interest in the Note, together with this Security Instrument, may be sold or otherwise transferred one or more times. Upon such a sale or other transfer, all of Lender's rights and obligations under this Security Instrument will convey to Lender’s successors and assigns. 22. Loan Scrvicer. Lender may take any action permitted under this Security Instrument through the Loan Servicer or another authorized representative, such as a sub-servicer, Borrower understands that the Loan Servicer or other authorized representative of Lender has the right and authority to take any such action, The Loan Servicer may change one or more times during the term of the Note. The Loan Servicer roay or may not be the holder of the Note. The Loan Servicer has the right and authority o4 (a) collect Periodic Payments and any other amounts due under the Note and this Security Instrument; (b) perform any other mortgage loan servicing obligations; and (¢) exercise any rights under the Note, this Security Instrument, and Applicable Law on behalf of Lender, If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Sexvicer, the address to which payments should be made, and any other information RESPA requires in connection with a notice of transfer of servicing. 23, Notice of Grievance. Until Borrower or Lender has notified the other party (in accordance with Section 16) of an alleged breach and afforded the other party a reasonable period after the giving of such notice to take corrective action, neither Borrower nor Lender may commence, join, or be joined to any judicial action (¢ither as an individual tirimant ~e 4 member of a class) that (a) arises from the other party’s actions pursuant to this Security instrument or the Note, or (b) alleges that the other party has breached any provision of this Security Instrument of the Note, If Applicable Law provides a time period that must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this Section 23. The notice of Default given to Borrower pursuantto Section 26(a) and the notice of acceleration given to Borrower pursuant to Section 19 will be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 23, 24. Hazardous Substances. (2) Definitions. As used in this Section 24: (i) "Environmental Law” means any Applicable Laws where the Property is located that relate to health, safety, or environmental protection; (ii) “Hazardous Substances include (A) those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law, and (B) the following substances: gasoline, kerosene, other OREGON-Singie Family-Fannie MesFreddia Maa UNIFORM ns'rnmr &v&;" ‘Form 3038 07,2021 ‘Wohers Kiuwar Financial Services, ing, 10/202% 2026032526.9.0.8408-J20251110Y Page 14 01 19 LG I flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, corrosive materials or agents, and radioactive materials; (iii) “Environmental Cleanup” in¢ludes any response action, remedial action, of removal action, as defined in Environmental Law; and (iv) an “Environmental Condition” means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. ; (b) Restrictions on Use of Hazardous Substances. Borrower will not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property, Borrower will not do, nor allow anyone else to do, anything affecting the Property that: (i) violates Environmental Law; (ii) creates an Environmental Condition; or (iii) due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects or could adversely affect the value of the Property, The preceding two sentences will not apply to the presence, use, oz storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products), (¢) Notices; Remedial Actions. Borrower will promptly give Lender written notice of: (i) any investigation, claim, demand, lawsuit, or other action by any govemmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge; (ii) any Environmental Condition, in¢luding but not fimited to, any spilling, leaking, discharge, release, or threat of release of any Hazardous Substance; and (iii) any condition caused by the presence, use, or release of 2 Hazardous Substance that adversely affects the value of the Property. If Borrower leams, or is notified by any govemnmental or regulatory authority of any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower will promptly take all necessary remedial actions in accordance with Environmental Law, Nothing in this Security Instrument will create any obligation on Lender for an Environmental Cleanup, 25, Electronic Nots Signed with Borrower's Electronlc Signature. If the Note evidencing the debt for this Loan is electronic, Borrower acknowledges and represents to Lender that Borrower: (a) expressly consented and intended to sign the electronic Note using an Electronic Signature adopted by Borrower (“Borrower’s Electronic Signature™) instead of signing a paper Note with Borrower’s written pen and ink signature; (b) did not withdraw Borrower’s express consent to sign the electronic Note using Borrower’s Electronic Signature; (¢) understood that by signing the electronic Note using Borrower's Electronic Signature, Borrower promised to pay the debt evidenced by the electronic Note in accordance with its terms; and (d) signed the electronic Note with Borrower's Electronic Signature with the intent and understanding that by doing so, Borrower promised to pay the debt cvidenced by the electronic Note in accordance with its terms. NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 26. Acceleration; Remedles. (a) Notice of Default. Lender will give a notice of Default to Borrowet prios to acceleration following Borrower's Default, except that such notice of Default will not be sent when Lender exercises its right under Section 19 unless Applicable Law provides otherwise, The notice will specify, in addition to "any other information required by Applicable Law; (i) the Default; (i) the action required to cure the Default; (iii) a date, not Iess than 30 days (or as otherwise specified by Applicable Law) from the date the notice is given to Borrower, by which the Default must be cured; (iv) that failure to cure the Default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property; (v) Borrower’s right to reinstate after acceleration; and (vi) Borrower’s right to bring a court action to deny the existence of a Default or to assert any other defense of Borrower to acceleration ane. .—.... (b) Acceleration; Power of Sale; Expénses. If the Default is not cured on or before the date specified in the notice, Lender may require immediate payment in full of alf sums secured by this Security -Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law, Lender will be entitled to collect all expenses incurred in pursuing the remedics provided in this Section 26, including, but not limited to: (i) reasonable attomeys" fees and/ or trustees' fees and costs and other fees and costs associated with the enforcement of this Security Instrument, including but not limited to, foreclosure trustee’s and sherifl's fees and costs, and title costs; (ii) property inspection and valuation fees; and (iii) other fees incurred unless prohibited by Applicable Law for the purpose of protecting Lender's interest in the Property and/or rights under this Security Instrument, i ) ’ ! ) 3490074094 ‘ o OREDON-Singie Famil-Fannie MasFreddia Maa UNIFORM INSTRUMENT (MERS) Form 3038 0772021 Wollers Kiuwer Finencial Servioss, g, 1072028 2026032526,1.0,6405-J20251118Y Page 3501 18 HESE B (¢) Notice of Sale; Sale of Property. If Lender invokes the power of sale, Lender will execute or cause Trustee to execute a written notice of the occurrence of an event of Default and of Lender's election to cause the Property to be sold and will cause such notice to be rccordcd in ¢ach county in which any part of the Property is located, Lender or Trustee will give notice of sale in the manner prescribed by Applicable Law to Borrower and to other req\ured recipients, Ata time permitted by, and in accordance with, Apphcablc Law, Trustee, without further demand on Borrower, will s¢ll the Property at publxc auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all ox any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or.its designee may purchase the Property at any sale. (d) Trustee's Deed; Proceeds of Sale. Trustee will deliver to the purchaser a Trustee's deed conveying the Property without any covenant of warranty, expressed or implied. The recitals in the Trustee’s deed will be prima facie evidence of the truth of the statements made in that deed, Trustee will apply the proceeds of the sale in the following order, or as otherwise rcquu'cd by Applicable Law: (i) to all expenses of the sale, including, but not limited to, reasonable Trustee'’s and reasonable attorneys' fees and costs; (i) to all sums secured by this Security Instrument; and (jii) any excess to the pcrson or persons legally entitled to it. 27. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender will request Trustes to reconvey the Property and will surrender this Security Instrument and al{ Notes evidencing the debt secured by this Security Instrument to Trustee. Upon such request, Trustee will reconvey the Property without warranty to the person or persons legally entitled to it Such person or persons will pay any recordation costs associated with such reconveyance, Lender may charge such person of persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. 28. Substitute Trustee. Lender may, from time to time, by itself or through the Loan Servicer, or any other duly appointed agent or nominee of Lender, remove Trustee and appoint a successor trustee to any Trustee appointed under this Security Instrument. Without conveyance of the Property, the successor trustee will succeed to all the title, power, and dutics conferred upon Trustee in this Security Instrument and by Applicable Law. 29, Attorneys' and Others® Fees. Lender will be entitled to recover its reasonable attomeys' and/ or foreclosure trustees’ fees and costs in any action or proceeding to construe or enforce any term of this Security Instrument unless prohibited or restricted by Applicable Law, The term "attomeys' fecs,™ whenever used in this Security Instrument, includes without limitation attorneys' fees incurred by Lender in any bankruptey or appellate proceeding. 30. Protective Advances. This Security Instrument secures any advances Lender, at its discretion, may make under Section 9 to protect Lender’s interest in the Property and rights under this Security Instrument, 31. Required Evidence of Property Insurance. WARNING Unless Borrower provides Lender with evidence of the insurance coverage as required by this contract of loan agreement, Lender may purchase insurance at Borrower's expense to protect Lender’s interest. This insurance may, but need not, also protect Borrower’s interest, If the collateral becomes damaged, the coverage Lender purchascs may not pay any claim Borrower makes ot any ¢laim made against Borrower, Borrower may later cancel this coverage by providing evidence that Borrower has obtained property coverage clsewhere. BoxroWer is responsible for the cost of any insurance purchased by Lender. The cost of this insurance may be added to this contract or Borrower's loan balance, If the cost is added to this contract or Borrower’s loan balance, the interest rate on the underlying contract or Joan will apply to this added amount, The effective date of coverage may be the date Borrower’s prior coverage lapsed ot the date Borrower failed to provide proof of COVerage. The coverage Lender purchases may be considerably more expensive than insurance Borrower can obtain on their own and may not satisfy any need for property damage . coverage or any mandatory liability insurance requirements imposed by Applicable Law, ) 3490074694 ’ ’ OREQON-Single Famity-Fannie Msa/Freddie Mag UNIFORM INSTRUMENT (MERS) Form 3008 °7l2021 Wokers Kluwer Financial Services, Inc, 2026032520,1.0.6408-J20251118Y Page M of !l R I BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Sccurity Instrument and in any Rider signed by Borrower and recorded with it, Borrower Acknowledgment State of Oregon County of Klamath This record was acknowlcdged before me on ZZZ;}tC ‘ \ 3( ) 2 “Mby Dorothy A Perkins # g- /é z ! é'fé é k 'otary Public Karen Eflen Littrock otary Public Nome ; 4 OFFICIAL STAMP My Commission Expires: < g KAREN EILLEN WITTROCK g - ;! é . ;! 02 é ' “-i NOTARY PUBUC OREGON N COMMISSION NO. 1025495 This notarial act was completed: MY COMMISSION EXPIRES JUNE 26, 2026 8 In Person : 3 €3 In Person Electronic O Remote Using Communication Technology OREGON-Singie Family-Fannie Mae/Freddie Mas UNIFORM NSW;&“ Form 3038 0772021 ‘Wokers Khaver Financial Services, In¢,, 02028 mm.lp.‘m?"“ Page 170138 HIEGER H ¥ Acknowledgment State of Oregon County of Klamath This record was acknowledged before me onmm&__ by MochaelJ Perkms . gotary ?f' OFFICIAL STAMP KAREN EILLEN WITTROCK otary IP e Name NOTARY PUBUC OREGON COMMISSION NO. 1025495 ; ixzxssxon Expires? MY COM MISSION EXPIRES JUNE 26, 2026 This notarial act was completed: 15 In Person D In Person Electronic D Remote Using Communication Technology Loan Origination Organization: U.S, Bank National Loan Originator: Emily Jean May Association NMLS ID: 444197 NMLS ID: 402761 ORECON-Single Family-Fannie Mn-IFum Mao UNIFORM INSTRUMENT (MERS), ‘Form 304 07/2021 WoRers Kiuwer Financial Services, In, . 102028 "2026032526,1.0,6405-J2025 1114 Pagetiof 18 AT Mortgage Electronic Registration Systems, Inc. Rider (MERS Rider) THIS MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. RIDER (“MERS Rider”) is made this 30th day of March, 2026, and is incorporated into and amcnds and supplements the Deed of Trust or Mortgage Deed (the "Securhy Instrument”) of the same date given by the undersigned (the “Borrower,” whether there are one or more persons undersigned) to secure Borrower’s Note to U.S. Bank National Association ("Lender ") of the same date and covering the Property described in the Sccurity Instrument, which is located at: 4630 Sjodin Ln, Klamath Falls, OR 97603 {Property Address) In addition to the representations, warranties, covenants, and agreements made in the Security Instrument, Borrower and Lender further covenant and agree that the Security Instrument is amended as follows: (A) Definitions. 1. The DEFINITIONS scction of the Security Instrument is amended as follows: “Lender” is U.S. Bank National Association. Lender is a corporation organized and existing under the laws of the United States of America, Lender's address is 9380 Excelsior Blvd, Hopkins, MN 55343, Lender is the beneficiary under this Security Instrument., The term "Lender™ includes any successors and assigns of Lender. “MERS” is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is the Nominee for Lender and is acting solely for Lender. MERS is organized and existing under the laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tcl. (888) 679-MERS. MERS is appointed as the Nomince for Lender to excercise the nghts, dutics, and obhgauons of Lender as Lender may from time to time direct, mcludmg but not limited to appointing a successor trustee, assxgmng, or releasing, in whole or in part this Sccurity Instrument, foreclosing or directing Trustee to institute foreclosure of this Sccurity Instrument, or taking such other actions as Lender may deem necessary or appropriate under this Security Instrument, The term "MERS" includes any successors and assigns of MERS. This appointment will inure to anu vinu MERS, its successors and assigns, as well as Lender, until MERS' Nominee interest is terminated. 2. The DEFINITIONS section of'the Security Instrument is further amended to add the following definition: “Nominee” means one designated to act for another as its representative for a limited purpose. 490074694 MERS RIDER » Single Family « Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3158 07/2021 WoRers Kiuwer Financial Services, e, 06/2025 2026032526.10.6405-J20251118Y Page 1018 HUERER (B) Transfer of Rights in the Property. The TRANSFER OF RIGHTS IN THE PROPERTY section of the Security Instrument is amended to read as follows: This Sccurity Instrument secures to Lender (i) the repayment of the Loan, and all renewals, extensions, and modifications of the Note, and (ii) the performance of Borrower’s covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County of Klamath: THE FOLLOWING DESCRIBED REAL PROPERTY SITUATED IN THE CITY OF KLAMATH FALLS, COUNTY OF KLAMATH, STATE OF OREGON, DESCRIBED AS: PARCEL 1 OF LAND PARTITION 26-00, BEING PART OF PARCEL 2 OF MAJOR LAND PARTITION 29-88, SITUATE IN THE S1/2 SW1/4 OF SECTION 2, TOWNSHIP 39 SOUTH, RANGE 9 EAST OF THE WILLAMETTE MERIDIAN, KLAMATH COUNTY, OREGON. EXCEPTING THEREFROM A PARCEL OF LAND SITUATED IN THE S1/2 SW1/4 OF SECTION 2, TOWNSHIP 39 SOUTH, RANGE 9 EAST OF THE WILLAMETTE MERIDIAN, KLAMATH COUNTY, OREGON, BEING THE EASTERLY 23.00 FEET OF PARCEL 1 OF LAND PARTITION 26-00, KLAMATH COUNTY, OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEASTERLY CORNER OF PARCEL 1 OF SAID LAND PARTITION 26-00; THENCE NORTH 66 DEGREES 51 MINUTES 00 SECONDS WEST ALONG THE SOUTHERLY LINE OF SAID PARCEL 1, A DISTANCE OF 23.00 FEET TO A POINT; THENCE NORTHEASTERLY AND PARALLEL TO THE EASTERLY BOUNDARY OF SAID PARCEL 1, NORTH 23 DEGREES 09 MINUTES 00 SECONDS EAST A DISTANCE OF 161.28 FEET TO THE NORTHERLY LINE OF SAID PARCEL 1; THENCE SOUTHEASTERLY ALONG SAID NQRTHERLY LINE OF PARCEL 1, SOUTH 66 DEGREES 51 MINUTES 00 SECONDS EAST A DISTANCE OF 23.00 FEET TO THE NORTHEASTERLY CORNER OF SAID PARCEL 1; THENCE SOUTHWESTERLY ALONG THE EASTERLY LINE OF SAID PARCEL 1, SOUTH 23 DEGREES 09 MINUTES 00 SECONDS WEST A DISTANCE OF 161.28 FEET TO THE SOUTHEASTERLY CORNER OF SAID PARCEL 1 AND THE POINT OF BEGINNING. (BEARINGS BASED ON LOT LINE ADJUSTMENT 19-05), which currently has the address of 4630 Sjodin Ln, Klamath Falls, Oregon 97603 (“Property Address"); TOGETHER WITH all the xmprovcmcnts now or subscquently crected on the property, mcludmg replacements and additions to the improvements on such property, all property rights, including, without limitation, all casements, appurtenances, royaltics, mineral rights, oil or gas rights or profits, water rights, and fixtures now or subsequently a part of the property. All of the foregoing is referred to in this Security Instrument as the “Property,” Lender, as the beneficiary under this Security Instrument, designates MERS as the Nominee for Lender. Any notice required by Applicable Law or this Security Instrument to be served on Lender must be served on MERS as the designated Nominee for Lender. Borrower understands and agrees that MERS, as the designated Nomince for Lender, has the right to exercise any or all interests granted by Borrower to Lender, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, assigning and releasing this Sccurity Instrument, and substituting a successor trustee. ) 3490074604 ' ) MERS RIDER - Single Family « Farvie Maa/Freddie Mac UNIFORM INSTRUMENT Form 3158 0722021 Services, e 0672025 Wolers Kluwer Financial 2026032526.1 064052025 1118Y Page2$ Bt B (C) Notices; Borrower's Physical Address. Section 16 of the Security Instrument is amended to read as follows: 16. Notices; Borrower's Physical Address. All notices glvcn by Borrower or Lender in connection with this Security Instrument must be in writing, (a) Notices to Borrower. Unless Applicable Law requires a different method, any written notice to Borrower in connection with this Security Instrument will be deemed to have been given to Borrower when (i) mailed by first class mail, or (ii) actually delivered to Borrower's ‘Notice Address (as defined in Section 16(c) below) if sent by means other than first class mail or Electronic Communication (as defined in Section 16(b) below). Notice to any one Borrower will constitute notice to all Borrowers unless Apphcable Law expressly requires otherwise. If any notice to Borrower requ:red by this Security Instrument is also requlred under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Secunty Instrument, (b) Electronic Notice to Borrower. Unless another delivery method is required by Applicable Law, Lender may provide notice to Borrower by ¢-mail or other electronic communication (“Electronic Communication”) if: (i) agreed to by Lender and Borrower in writing; (ii) Borrower has provided Lender with Borrower's e-mail or other clectronic address (“Electronic Address"); (iii) Lender provides Borrower with the option to receive notices by first class mail or by other non-Electronic Communication instead of by Electronic Communication; and (iv) Lender otherwise complies with Applicable Law. Any notice to Borrower sent by Electronic Communication in connection with this Security Instrument will be deemed to have been given to Borrower when sent unless Lender becomes aware that such nohcc is not delivered. If Lender becomes aware that any nouce sent by Electronic Communication is not delivered, Lender will resend such communication to Borrower by first class mail or by other non-Electronic Communication. Borrower may withdraw the agreement to receive Electronic Communications from Lender at any time by providing written notice to Lender of Borrower’s withdrawal of such agreement. (c) Borrower's Notice Address. The address to which Lender will send Borrower notice ( “Notice Address”) will be the Property Address unless Borrower has designated a different address by written notice to Lender, If Lender and Borrower have agreed that notice may be given by Electronic Communication, then Borrower may designate an Electronic Address as Notice Address. Borrower will promptly notify Lender of Borrower’s change of Notice Address, including any changes to Borrower’s Electronic Address if designated as Notice Address. If Lender specifies a - procedure for reporting Borrower’s change of Notice Address, then Borrower will report a change of Noticc Address only through that specified procedure. (d) Notices to Lender. Any notice to Lender will be given by delivering it or by mailing it by first class mail to Lender’s address stated in this Sccurity Instrument unless Lender has designated another address (including an Electronic Address) by notice to Borrower. Any notice in connection with this Sccurity Instrument will be deemed to have been given to Lender only when actually received by Lender at Lender's designated address (which may include an Electronic Address). If 3490074694 MERS RIDER « Single Family « Farvie Mas/Freddie Mac UNIFORM INSTRUMENT . Form 3158 07/2021 Wolers Kluwer Financlal Services, o, 06/2025 2026032526.1.0.6405J20251118Y Page 3of$ HUEER el any notice to Lender required by this Securny Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. Bormower acknowledges that any notice Borrower provides to Lender must also be provided to MERS as Nominee for Lender until MERS® Nominee interest is terminated. Any notice provided by Borrower in connection with this Security Instrument will be deemed to have been given to MERS only when actually received by MERS. (c) Borrower's Physical Address. In addition to the designated Notice Address, Borrower will provide Lender with the address where Borrower physically resides, if different from the Property Address, and notify Lender whenever this address changes. (D) Sale of Note. Section 21 of the Security Instrument is amended to read as follows: 21. Sale of Note. The Note or a partial interest in the Note, together with this Security Instrument, may be sold or otherwise transferred one or more times. Upon such a sale or other transfer, all of Lender’s rights and obligations under this Security Instrument will convey to Lender's successors and assigns. Lender acknowledges that until it directs MERS to assign MERS's Nominee interest in this Sccurity Instrument, MERS remains the Nominee for Lender, with the authority to exercise the rights of Lender. (E) Substitute Trustee. Secction 28 of the Security Instrument is amended to read as follows: 28. Substitute Trustee. In accordance with Applicable Law, Lender or MERS may from time to time appoint a successor trustee to any Trustee appointed hereunder who has ceased to act. Without conveyance of the Property, the successor trustee will succeed to all the title, power, and duties conferred upon Trustee and by Applicable Law, BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this i MERS Rider. Borrower N— MERS RIDER » Single Familly « Farvie Mas/Freddie Mac UNIFORM INSTRUMENT Forem 3158 07/2021 Wolkers Kluwer Financlal Services, Inc. 08/2025 2026032526.1.0.6405-720281118Y Paged ot {1 [This page immediately follows the appropriate acknowiedgments and recording information. This page was intentionally left blank to conform to the local "last-page” recording requirements.] [End of Document] I & 3490074694 MERS RIDER » Single Family - Fanrie Mas/Freddie Mac UNIFORM INSTRUMENT Form 3188 0712021 Wohers Khawer Financial Secvices, né, 0672625 2026032526.1.0 440512025 1118Y PageSol§ NG el