A
Ameriitle 2026-003200

Klamath County, Oregon
Until A@%&%q uested All 04/13/2026 08:33:02 AM
Tax Statements Shall Be Sent To Fee: $152.00
The Following Address:
CoreLogic

1 CoreLogic Drive
Attn Client Services DFW-B4-F3
Westlake, TX 76262

When Recorded Mail To:

Post Settlement, Navy Federal Credit
Union

820 Follin Lane
Vienna, VA 22180

Tax Account Number:
3507-006DC-00800

True And Actual Consideration Is:
$100,000.00

[Space Above this Line for Recording Data]
Instrument: Line of Credit Trust Deed with Future Advance Clause Dated: March 13, 2026

Brief description of the land: 36909 Agency Lake Loop, Chiloquin, OR 97624 as further described by metes &
bounds description

Grantor: William Pentecost and Melissa Mikeska

Grantor's Address: 36909 Agency Lake Loop Rd, Chiloquin, OR 97624 and 36909 Agency Lake Loop Rd,
Chiloquin, OR 97624

Grantee (Beneficiary): Navy Federal Credit Union, A Federally Chartered Credit Union
Grantee (Beneficiary) Address: 820 Follin Lane SE, Vienna, VA 22180

Trustee: Chicago Title Company of Oregon, an Oregon corporation

Trustee Address: 10135 SE Sunnyside Rd., Suite 130, Clackamas, OR 97015

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Line of Credit Trust Deed

With Future Advance Clause

The date of this Deed of Trust ( “Security Instrument ) is March 13, 2026.

Grantor Trustee

William Pentecost and Melissa Mikeska Chicago Title Company of Oregon, an Oregon corporation
36909 Agency Lake Loop Rd a/an Corporation

Chiloquin, OR 97624 10135 SE Sunnyside Rd., Suite 130

Clackamas, OR 97015

Lender

Navy Federal Credit Union

Organized and existing under the laws of the United States of America
820 Follin Lane SE

Vienna, VA 22180

“Lender” is the beneficiary under this Security Instrument.

1. Conveyance. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
to secure the Secured Debt (defined below) and Grantor's performance under this Security Instrument, Grantor
irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
described property:

South one-half of Government Lot 23, Section 6, Township 35 South, Range 7 East of the Willamette Meridian,
Klamath County, Oregon.

The property is located in Klamath County at 36909 Agency Lake Loop Rd, Chiloquin, Oregon 97624.

Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that
may now, or at any time in the future, be part of the real estate described above (all referred to as “Property ™).

2. Maximum Obligation Limit. The total principal amount secured by this Security Instrument at any one time
shall not exceed $100,000.00. This limitation of amount does not include interest and other fees and charges validly
made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of
this Security Instrument to protect Lender's security and to perform any of the covenants contained in this Security
Instrument.

3. Secured Debt. The term “Secured Debt’ is defined as follows:

(A) Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
described below and all their extensions, renewals, refinancings, modifications or substitutions.

The credit agreement signed by William Pentecost and Melissa Mikeska (the “Borrower ") and dated the same date
as this Security Instrument (the “Note ). Under the Note, the Lender agrees, subject to certain terms, conditions
and limitations, to make advances to the Borrower in a principal amount outstanding not to exceed One hundred
thousand and 00/100 Dollars (U.S. $100,000.00). Borrower has promised to pay this debt with interest in regular
periodic payments and to pay the debt in full not later than April 1, 2066.

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(B) All future advances from Lender to Grantor under the Secured Debts executed by Grantor in favor of Lender after
this Security Instrument. If more than one person signs this Security Instrument, each agrees that this Security
Instrument will secure all future advances that are given to Grantor either individually or with others who may
not sign this Security Instrument. All future advances are secured by this Security Instrument even though all or
part may not yet be advanced. All future advances are secured as if made on the date of this Security Instrument.
Nothing in this Security Instrument shall constitute a commitment to make additional or future advances in any
amount. Any such commitment must be agreed to in a separate writing.

(C) All additional sums advanced and expenses incurred by Lender for insuring, preserving or otherwise protecting
the Property and its value and any other sums advanced and expenses incurred by Lender under the terms of this
Security Instrument.

4. Deed of Trust Covenants. Grantor agrees that the covenants in this section are material obligations under the
Secured Debt and this Security Instrument. If Grantor breaches any covenant in this section, Lender may refuse to
make additional extensions of credit and reduce the credit limit. By not exercising either remedy on Grantor's breach,
Lender does not waive Lender's right to later consider the event a breach if it happens again.

Payments. Grantor agrees that all payments under the Secured Debt will be paid when due and in accordance
with the terms of the Secured Debt and this Security Instrument.

Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement or other lien
document that created a prior security interest or encumbrance on the Property, Grantor agrees to make all
payments when due and to perform or comply with all covenants. Grantor agrees to promptly deliver any notices
that Grantor receives from holder. Grantor also agrees not to allow any modification or extension of, nor to request
any future advances under any note or agreement secured by the lien document without Lender's prior written
approval.

Claims Against Title. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments, ground
rents, utilities, and other charges relating to the Property when due. Lender may require Grantor to provide to
Lender copies of all notices that such amounts are due and the receipts evidencing Grantor's payment. Grantor will
defend title to the Property against any claims that would impair the lien of this Security Instrument. Grantor agrees
to assign to Lender, as requested by Lender, any rights, claims or defenses Grantor may have against parties who
supply labor or materials to maintain or improve the Property.

Property Condition, Alterations and Inspection. Grantor will keep the Property in good condition and make
all repairs that are reasonably necessary. Grantor shall not commit or allow any waste, impairment, or deterioration
of the Property. Grantor agrees that the nature of the occupancy and use will not substantially change without
Lender's prior written consent. Grantor will not permit any change in any license, restrictive covenant or easement
without Lender's prior written consent. Grantor will notify Lender of all demands, proceedings, claims, and actions
against Grantor, and of any loss or damage to the Property.

Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose
of inspecting the Property. Lender shall give Grantor notice at the time of or before an inspection specifying a
reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Lender's benefit and
Grantor will in no way rely on Lender's inspection.

Authority to Perform. If Grantor fails to perform any duty or any of the covenants contained in this Security
Instrument, Lender may, without notice, perform or cause them to be performed. Grantor appoints Lender as
attorney in fact to sign Grantor's name or pay any amount necessary for performance. Lender's right to perform for
Grantor shall not create an obligation to perform, and Lender's failure to perform will not preclude Lender from
exercising any of Lender's other rights under the law or this Security Instrument.

Assignment of Leases and Rents. Grantor irrevocably grants, conveys and sells to Trustee, in trust for
the benefit of Lender, as additional security all the right, title and interest in and to any and all existing or future

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leases, subleases, and any other written or verbal agreements for the use and occupancy of any portion of the
Property, including any extensions, renewals, modifications or substitutions of such agreements (all referred to

as “Leases ) and rents, issues and profits (all referred to as “Rents ). In the event any item listed as Leases or
Rents is determined to be personal property, this Assignment will also be regarded as a security agreement. Grantor
will promptly provide Lender with true and correct copies of all existing and future Leases. Grantor may collect,
receive, enjoy and use the Rents so long as Grantor is not in default under the terms of this Security Instrument.

Grantor agrees that this assignment is immediately effective between the parties to this Security Instrument. Grantor
agrees that this assignment is effective as to third parties when Lender or Trustee takes affirmative action prescribed
by law, and that this assignment will remain in effect during any redemption period until the Secured Debt is
satisfied. Grantor agrees that Lender or Trustee may take actual possession of the Property without the necessity of
commencing legal action and that actual possession is deemed to occur when Lender, or its agent, notifies Grantor
of default and demands that any tenant pay all future Rents directly to Lender. On receiving notice of default,
Grantor will endorse and deliver to Lender any payment of Rents in Grantor's possession and will receive any Rents
in trust for Lender and will not commingle the Rents with any other funds. Any amounts collected will be applied
as provided in this Security Instrument. Grantor warrants that no default exists under the Leases or any applicable
landlord/tenant law. Grantor also agrees to maintain and require any tenant to comply with the terms of the Leases
and applicable law.

Leaseholds; Condominiums; Planned Unit Developments. Grantor agrees to comply with the provisions
of any lease if this Security Instrument is on a leasehold. If the Property includes a unit in a condominium or a
planned unit development, Grantor will perform all of Grantor's duties under the covenants, by-laws, or regulations
of the condominium or planned unit development.

Use of Property. This Property will not be used principally for agricultural or farming purposes.

Condemnation. Grantor will give Lender prompt notice of any pending or threatened action, by private or public
entities to purchase or take any or all of the Property through condemnation, eminent domain, or any other means.
Grantor authorizes Lender to intervene in Grantor's name in any of the above described actions or claims. Grantor
assigns to Lender the proceeds of any award or claim for damages connected with a condemnation or other taking
of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in
this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust,
security agreement or other lien document.

Insurance. Grantor shall keep Property insured against loss by fire, flood, theft and other hazards and risks
reasonably associated with the Property due to its type and location. This insurance shall be maintained in the
amounts and for the periods that Lender requires. What Lender requires pursuant to the preceding two sentences
can change during the term of the Secured Debt. The insurance carrier providing the insurance shall be chosen

by Grantor subject to Lender's approval, which shall not be unreasonably withheld. If Grantor fails to maintain

the coverage described above, Lender may, at Lender's option, obtain coverage to protect Lender's rights in the
Property according to the terms of this Security Instrument. Grantor acknowledges and agrees that Lender or one of
Lender's affiliates may receive commissions on purchase of this insurance.

All insurance policies and renewals shall be acceptable to Lender and shall include a standard "mortgage clause"
and, where applicable, "loss payee clause." Grantor shall immediately notify Lender of cancellation or termination
of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Grantor shall
immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Grantor shall give
immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by
Grantor.

Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the
Property or to the Secured Debt, whether or not then due, at Lender's option. Any application of proceeds to
principal shall not extend or postpone the due date of the scheduled payment nor change the amount of any

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payment. Any excess will be paid to the Grantor. If the Property is acquired by Lender, Grantor's right to any
insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to
the extent of the Secured Debt immediately before the acquisition.

Financial Reports and Additional Documents. Grantor will provide to Lender upon request, any financial
statement or information Lender may deem reasonably necessary. Grantor agrees to sign, deliver, and file any
additional documents or certifications that Lender may consider necessary to perfect, continue, and preserve
Grantor's obligations under this Security Instrument and Lender's lien status on the Property.

5. Warranty of Title. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by this
Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust, with power
of sale. Grantor also warrants that the Property is unencumbered, except for encumbrances of record.

6. Due on Sale. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and
payable upon the creation of, or contract for the creation of, a transfer or sale of all or any part of the Property. This
right is subject to the restrictions imposed by federal law, as applicable.

7. Warranties and Representations. Grantor has the right and authority to enter into this Security Instrument.
The execution and delivery of this Security Instrument will not violate any agreement governing Grantor or to which
Grantor is a party.

8. Default. Grantor will be in default if any of the following occur:

Fraud. Any Borrower engages in fraud or material misrepresentation in connection with the Secured Debt that is
an open end home equity plan.

Payments. Any Borrower on any Secured Debt that is an open end home equity plan fails to make a payment
when due.

Property. Any action or inaction by Borrower or Grantor occurs that adversely affects the Property or Lender's
rights in the Property. This includes, but is not limited to, the following: (a) Grantor fails to maintain required
insurance on the Property; (b) Grantor transfers the Property; (c) Grantor commits waste or otherwise destructively
uses or fails to maintain the Property such that the action or inaction by the Borrower adversely affects Lender's
security; (d) Grantor fails to pay taxes on the Property or otherwise fails to act and thereby causes a lien to be filed
against the Property that is senior to the lien of this Security Instrument; (e) a sole Grantor dies; (f) if more than
one Grantor, any Grantor dies and Lender's security is adversely affected; (g) the Property is taken through eminent
domain; (h) a judgment is filed against Grantor and subjects Grantor and the Property to action that adversely
affects Lender's interest; or (i) a prior lienholder forecloses on the Property and as a result, Lender's interest is
adversely affected.

9. Remedies on Default. In addition to any other remedy available under the terms of this Security Instrument,
Lender may accelerate the Secured Debt and foreclose this Security Instrument in a manner provided by law if Grantor
is in default. In some instances, federal and state law will require Lender to provide Grantor with notice of the right to
cure, or other notices and may establish time schedules for foreclosure actions.

At the option of Lender, all or any part of the agreed fees and charges, accrued interest and principal shall become
immediately due and payable, after giving notice if required by law, upon the occurrence of a default or anytime
thereafter. Trustee shall have the right to foreclose by power of sale, or, at its option, Lender shall have the right to
foreclose by judicial proceedings.

If there is a default, Trustee shall, at the request of Lender, advertise and sell the Property as a whole or in separate
parcels at public auction to the highest bidder for cash and convey absolute title free and clear of all right, title and
interest of Grantor at such time and place as Trustee designates. Trustee shall give notice of sale including the time,

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terms and place of sale and a description of the Property to be sold as required by the applicable law in effect at the
time of the proposed sale.

Upon sale of the Property and to the extent not prohibited by law, Trustee shall make and deliver a deed to the Property
sold which conveys absolute title to the purchaser, and after first paying all fees, charges and costs, shall pay to Lender
all moneys advanced for repairs, taxes, insurance, liens, assessments and prior encumbrances and interest thereon,

and the principal and interest on the Secured Debt, paying the surplus, if any, to Grantor. Lender may purchase the
Property. The recitals in any deed of conveyance shall be prima facie evidence of the facts set forth therein.

The acceptance by Lender of any sum in payment or partial payment on the Secured Debt after the balance is due or is
accelerated or after foreclosure proceedings are filed shall not constitute a waiver of Lender's right to require complete
cure of any existing default. By not exercising any remedy on Grantor's default, Lender does not waive Lendet's right

to later consider the event a default if it happens again.

10. Expenses; Advances on Covenants; Attorneys' Fees; Collection Costs. If Grantor breaches any
covenant in this Security Instrument, Grantor agrees to pay all expenses Lender incurs in performing such covenants
or protecting its security interest in the Property. Such expenses include, but are not limited to, fees incurred for
inspecting, preserving, or otherwise protecting the Property and Lender's security interest. These expenses are payable
on demand and will bear interest from the date of payment until paid in full at the highest rate of interest in effect

as provided in the terms of the Secured Debt. Grantor agrees to pay all costs and expenses incurred by Lender in
collecting, enforcing or protecting Lender's rights and remedies under this Security Instrument. This amount may
include, but is not limited to, attorneys' fees, court costs, and other legal expenses. To the extent permitted by the
United States Bankruptcy Code, Grantor agrees to pay the reasonable attorneys' fees Lender incurs to collect the
Secured Debt as awarded by any court exercising jurisdiction under the Bankruptcy Code. This Security Instrument
shall remain in effect until released. Grantor agrees to pay for any recordation costs of such release.

11. Environmental Laws and Hazardous Substances. As used in this section, (1) “Environmental Law”
means, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA,
42 U.S.C. 9601 et seq.), and all other federal, state and local laws, regulations, ordinances, court orders, attorney
general opinions or interpretive letters concerning the public health, safety, welfare, environment or a hazardous
substance; and (2) “Hazardous Substance” means any toxic, radioactive or hazardous material, waste, pollutant or
contaminant which has characteristics which render the substance dangerous or potentially dangerous to the public
health, safety, welfare or environment. The term includes, without limitation, any substances defined as "hazardous
material," "toxic substances," "hazardous waste" or "hazardous substance” under any Environmental Law.

Grantor represents, warrants and agrees that:

(A) Except as previously disclosed and acknowledged in writing to Lender, no Hazardous Substance is or will be
located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous
Substances that are generally recognized to be appropriate for the normal use and maintenance of the Property.

(B) Except as previously disclosed and acknowledged in writing to Lender, Grantor and every tenant have been, are,
and shall remain in full compliance with any applicable Environmental Law.

(C) Grantor shall immediately notify Lender if a release or threatened release of a Hazardous Substance occurs on,
under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an
event, Grantor shall take all necessary remedial action in accordance with any Environmental Law.

(D) Grantor shall immediately notify Lender in writing as soon as Grantor has reason to believe there is any pending
or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous
Substance or the violation of any Environmental Law.

12. Escrow for Taxes and Insurance. Unless otherwise provided in a separate agreement, Grantor will not be
required to pay to Lender funds for taxes and insurance in escrow.

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VA A A

13. Joint and Individual Liability; Co-Signers; Successors and Assigns Bound. All duties under this
Security Instrument are joint and individual. If Grantor signs this Security Instrument but does not sign an evidence
of debt, Grantor does so only to mortgage Grantor's interest in the Property to secure payment of the Secured Debt
and Grantor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty
between Lender and Grantor, Grantor agrees to waive any rights that may prevent Lender from bringing any action
or claim against Grantor or any party indebted under the obligation. These rights may include, but are not limited to,
any anti-deficiency or one-action laws. The duties and benefits of this Security Instrument shall bind and benefit the
successors and assigns of Grantor and Lender.

14. Severability; Interpretation. This Security Instrument is complete and fully integrated. This Security
Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments,
or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law
expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be
enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of
this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions
and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or
define the terms of this Security Instrument. Time is of the essence in this Security Instrument.

15. Successor Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor
trustee without any other formality than the designation in writing. The successor trustee, without conveyance of

the Property, shall succeed to all the title, power and duties conferred upon Trustee by this Security Instrument and
applicable law.

16. Notice. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class
mail to the appropriate party's address in this Security Instrument, or to any other address designated in writing. Notice
to one grantor will be deemed to be notice to all grantors.

17. Waivers. Except to the extent prohibited by law, Grantor waives all appraisement and homestead exemption
rights relating to the Property.

18. Line of Credit. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced
to a zero balance, this Security Instrument will remain in effect until released.

19. Applicable Law. This Security Instrument shall be governed by Federal law and the law of the jurisdiction in
which the Property is located.

20. Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement
and amend the terms of this Security Instrument. [Check all applicable boxes]

O Assignment of Leases and Rents I Other: Option to Convert to a Fixed Equity Loan Rider; Escrow Rider

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By signing under seal below, Grantor agrees to the terms and covenants contained in this Security Instrument and in
any attachments. Grantor also acknowledges receipt of a copy of this Security Instrument on the date stated in this
Security Instrument.

Signed, sealed and delivered:

Borrower

William Pentecost 3 | \ 3‘ Date Melissa Mikeska 3[ ( 5( 207> Date
' Seal ‘ Seal

Acknowledgment

State of Oregon

County o???a?h \BC‘C \Z\S()[
This record was acknowledged before me on N\ ¢ I\ ) i QO% by

William Pentecost

Naidry Public

C cusdes, Qavon m»
Notary’Public Name

QFFICIAL STAMP
CRYSTAL DAWN DAY
NOTARY PUBLIC - OREGCN
COMMISSION NO. 1080883
MY COMMISSION EXPIRES JULY 17, 2029

My Commission Expires:

“1-171-3629

This notarial act was completed:
Person

[ In Person Electronic

[0 Remote Using Communication

Technology

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Acknowledgment

State of Org_g\S

County of *Ktarfiath \\ CEC,(LSC()

This record was acknowledged before me on \\(\ &VCV\ (5/ 9‘0 9‘}" by

Melissa Mikeska

Notery Public

Civustal Doun DG

Notery Public Name

CFFICIAL STAMP
CRYSTAL DAWN DAY
NOTARY PUBLIC - OREGON
COMMISSION NO. 1060553

el
i

W EXPIRES JULY 17, 2029

“
.k{/

My Commission Expires:

1 -U13029

This notarial act was completed:
In Person

[ In Person Electronic

[0 Remote Using Communication

Technology

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OPTION TO CONVERT TO A FIXED EQUITY LOAN RIDER

THIS OPTION TO CONVERT TO A FIXED EQUITY LOAN RIDER is made this 13th of March 2026, and
is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the
"Security Instrument") of the same date given by the undersigned ("Borrower") to secure Borrower's Home Equity
Line Truth-in-Lending and Agreement to Navy Federal Credit Union ("Lender") covering the Property described in the
Security Instrument and located at:

36909 Agency Lake Loop Rd, Chiloquin, OR 97624
[Property Address]

ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument,
Borrower and Lender further covenant and agree as follows:

A. OPTION TO CONVERT TO A FIXED EQUITY LOAN

The Home Equity Truth-in-Lending and Agreement provides for the option for Borrower
to convert to a fixed equity loan as follows:

1. OPTION TO CONVERT TO A FIXED EQUITY LOAN Borrower has agreed to
pay according to the loan terms as listed in the Home Equity Line Truth-in-Lending
and Agreement. However, unless Borrower is in default or this addendum will not
permit it, Borrower has the option to convert their Home Equity Line to the rate and
terms of a Fixed Equity Loan. Certain conditions must be met prior to exercising the
Option to Convert. Those conditions are: (i) Borrower must give the Lender notice
that they want to convert; (ii) at time of conversion Borrower must not be in default,
in the Promotional Rate Period or in a Repayment Period under the Home Equity
Line Truth-in-Lending and Agreement or the Security Instrument and the loan must
be greater than six months old; (iii) by a date specified by the Lender, Borrower must
pay the Lender a conversion fee of U.S. $150; (iv) Borrower must sign and give the
Lender any documents the Lender requires to effect the conversion, and (v) the loan
must meet other loan qualifications as set forth by the Lender. The rate and terms
will be those in effect for the 6 to 20 year Fixed Equity Loan, based on the loans
original loan-to-value, at the time the Option to Convert is exercised. Upon Borrower
exercising the Option to Convert, the Lender will calculate the amount of the monthly
payment that would be sufficient to repay the unpaid principal Borrower is expected
to owe upon the conversion in full on the Maturity Date at the new fixed interest rate
in substantially equal payments. The result of this calculation will be the new amount
of Borrower's monthly payment. Beginning the Borrower's first monthly payment
after the Option to Convert has been exercised; Borrower will pay the new amount as
the monthly payment until the Maturity Date.

THIS RIDER DOES NOT CONSTITUTE YOUR NOTICE TO CONVERT. THIS IS NOT A MODIFICATION
AGREEMENT.

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BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this Option to Convert to a
Fixed Equity Loan Rider.

Borrower
William Pentecost %\ "H D~ Date Melissa Mikeska
I Seal
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Escrow Rider

This Escrow Rider is made this 13th day of March 2026, and is incorporated into and shall be deemed to amend and
supplement the Mortgage, Deed of Trust, or Security Deed (Security Instrument) of the same date given by William
Pentecost and Melissa Mikeska (Grantor/Mortgagor) to secure the Borrower's Home Equity Line Truth-in-Lending and
Agreement to Navy Federal Credit Union (Lender) covering the property described in the Security Instrument and located
at:

36909 Agency Lake Loop Rd. Chiloquin, OR 97624 (Property)

I. COVENANTS

Grantor/Mortgagor and Lender covenant and agree to the following provisions and the following shall not replace or be
in conflict with any other provisions in the Security Instrument on the same or similar item but shall be in addition to
and clarify such provisions:

1. Grantor/Mortgagor shall pay all taxes, assessments, liens, encumbrances, charges, fines, leasehold payments or
ground rents on the Property, if any, Homeowners or Community Association dues, fees, and assessments, and
impositions attributable to the Property which can attain priority over the Security Instrument.

2. Claims Against Title: Grantor/Mortgagor shall promptly discharge any lien which has priority over the Security
Instrument unless Grantor/Mortgagor: (a) agrees in writing to the payment of the obligation secured by the
lien in a manner acceptable to Lender, but only so long as Grantor/Mortgagor is performing such agreement;
(b) contests the lien in good faith by, or defends against enforcement of the lien in legal proceedings which in
Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only
until such proceedings arc concluded; or (c) secures from the holder of the lien an agreement satisfactory to
Lender subordinating the lien to the Security Instrument. If Lender determines that any part of the Property is
subject to a lien which can attain priority over the Security Instrument, Lender may give Grantor/Mortgagor a
notice identifying the lien. Within 10 days of the date on which that notice is given, Granter/Mortgagor shall I
satisfy the lien or take one or more or the actions set forth in paragraph 1 of this section.

3. Lender may require Grantor/Mortgagor to pay a one-time charge for a real estate tax verification and/or reporting
service used by Lender in connection with this Loan.

4. Imsurance: If Grantor/Mortgagor fails to maintain any of the coverages described in the Security Instrument,
Lender may, at Lender's option and Grantor/Mortgagor's expense, obtain insurance coverage to protect
Lender's rights in the Property according to the terms of the Security Instrument. With the exception of certain
federal and investor requirements, Lender is under no obligation to purchase any particular type or amount of
coverage. Therefore, such coverage shall cover Lender, but may or may not protect Grantor/Mortgagor, Grantor/
Mortgagor'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. Grantor/Mortgagor acknowledges that the cost
of the insurance coverage obtained might significantly exceed the cost of insurance that Grantor/Mortgagor
previously had in place or could have obtained. Any amounts disbursed by Lender under this section (paragraph
4) shall become additional debt of Grantor/Mortgagor secured by the Security Instrument. These amounts shall
bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice
from Lender to Grantor/Mortgagor requesting payment. Lender shall have the right to hold the policies and
renewal certificates.

In the event of loss and during any repair and/or restoration period, Lender shall have the right to hold

such insurance proceeds until Lender has had an opportunity to inspect the Property to ensure the work has
been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender
may at Lender's discretion and sole determination disburse proceeds for the repairs and restoration in a single
payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing
or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay

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Grantor/Mortgagor any interest or earnings on such proceeds. Fees for public adjusters, or other third parties,
retained by Grantor/Mortgagor shall not be paid out of the insurance proceeds and shall be the sole obligation
of the Grantor/Mortgagor. If the restoration or repair is not economically feasible or Lender's security would be
lessened, the insurance proceeds shall be applied to the sums secured by the Security Instrument, whether or not
then due, with the excess, if any, paid to Grantor/Mortgagor. Such insurance proceeds shall be applied in the order
provided for in the Note or Security Instrument.

If Grantor/Mortgagor abandons the Property, Lender may file, negotiate, and settle any available insurance
claim and related matters in Lender's sole discretion. If Grantor/Mortgagor 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 on the date of the notice given to Grantor/Mortgagor. In either
event, or if Lender acquires the Property or otherwise, Granter/ Mortgagor hereby assigns to Lender (a) Grantor/
Mortgagor's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or
the Security Instrument, and (b) any other of Grantor/Mortgagor's rights (other than the right to any refund of
unearned premiums paid by Grantor/Mortgagor) under all insurance policies covering the Property, insofar as
such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair
or restore the Property or to pay amounts unpaid under the Note or the Security Instrument, whether or not then
due.

Lender may require Grantor/Mortgagor to pay, in connection with this Loan, either: (a) a one-time charge
for flood zone determination, certification, and tracking services; or (b) a one-time charge for flood zone
determination and certification services and subsequent charges each time remappings or similar changes occur
which might reasonably affect such determination or certification. Grantor/Mortgagor shall also be responsible
for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the
review of any flood zone determination resulting from an objection by Grantor/Mortgagor.

II. ESCROW
The ESCROW FOR TAXES AND INSURANCE section is revised to read as follows:

As provided in this separate agreement, Grantor/Mortgagor and Lender covenant and agree that Grantor/Mortgagor
shall:

1. At least annually, provide proof of insurance coverages and payment of property taxes for the Property within
30 days of a request by Lender. Lender will be permitted to create an escrow account upon the occurrence of
any of the following events (i) Grantor/Mortgagor fails to provide to Lender acceptable evidence of property
tax payments for the Property, (ii) the receipt by Lender of delinquent tax bills for the Property or insurance
cancellation notices for coverages protecting the Property, or (iii) in the event Grantor/Mortgagor is in default
of any terms of the loan or Security Instrument. In the event that Lender exercises Lender's right to establish an
escrow account for taxes and insurance, the escrow account will be established as set forth below.

2. Grantor/Mortgagor shall pay to Lender a sum to provide for payment of amounts due for: (a) yearly taxes and
assessments and other items on the Property which can attain priority over the Security Instrument; (b) yearly
leasehold payments or ground rents on the Property, if any; and (c) yearly premiums for any and all insurance
required by Lender, including but not limited to hazard and flood insurance, as applicable. These items are called
"Escrow Items." At any time during the term of the Loan, Lender may require that Homeowner's or Community
Association Dues, Fees, and Assessments, if any, be escrowed by Grantor/Mortgagor, and such dues, fees, and
assessments shall be an Escrow Item. The amount Grantor/Mortgagor pays to Lender for the Escrow Items will
be referred to as the “Funds".

3. Grantor/Mortgagor shall promptly furnish to Lender all notices of amounts to be paid under this section. Lender
may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the
time specified under RESPA, and (b) not to exceed the maximum amount a lender may require for a federally
related mortgage loan under RESPA, as amended. Lender may estimate the amount of Funds due on the basis of

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current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with
Applicable Law. Grantor/Mortgagor shall then be obligated to pay to Lender any such amount.

4. Grantor/Mortgagor shall make the payment of the Funds for the Escrow Items on the day that Periodic Payments
are normally due under the Note, until the Note is paid in full and the credit line is closed. Grantor/Mortgagor
shall pay those amounts to Lender unless Lender tells Grantor/Mortgagor, in writing, that Grantor/Mortgagor
does not have to do so, or unless otherwise required by law.

5. The Funds shall be held in an institution whose deposits are insured by a 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 shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender
shall not charge Grantor/Mortgagor for holding and applying the Funds, annually analyzing the escrow account,
or verifying the Escrow Items, unless Lender pays Grantor/Mortgagor interest on the Funds and Applicable
Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires
interest to be paid on the Funds, Lender shall not be required to pay Grantor/Mortgagor any interest or earnings
on the Funds. Lender shall give to Grantor/Mortgagor, without charge, an annual accounting of the Funds as
required by RESPA, which will include all additions to and deductions from the Funds as well as the reason for
each deduction.

6. If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Grantor/Mortgagor
for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under
RESPA, Lender shall notify Grantor/Mortgagor in writing or as required by RESPA, and Grantor/Mortgagor shall
pay to Lender the amount necessary to make up the deficiency in accordance with RESPA. Grantor /Mortgagor
shall pay to Lender the amount necessary to make up the deficiency in no more than 12 monthly payments,
subject to and in accordance with RESPA and other considerations.

7. If by reason or any default under the Security Instrument, Lender declares all Secured Debt due and payable,
Lender may apply any Funds toward the payment of the Secured Debt. Upon payment in full of all sums secured

by this Security Instrument and when the credit line is closed, Lender shall promptly refund to Grantor/Mortgagor
any Funds held by Lender.

By signing below, Grantor/Mortgagor accepts and agrees to the terms and provisions contained in this Escrow Rider.

Borrower

William Pentecost ¥ \320) Date Mélissa Mikeska . Date
5 L3l o Seal : Seal

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