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RECORDED ELECTRONICATLY
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<br />Dob,
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<br />WHEN RECORDED MAIL TO:
<br />simpllfile.com 800'460,5657
<br />Kittitas County
<br />Board of Commissioners
<br />205 W 5th Ave, Suite 108
<br />Ellensburg, WA 98926
<br />COLLATERAL ASSIGNMENT OF DEED OF TRUST AND PROMISSORY NOTE
<br />Grantor (Assignor):HorrSouncn,
<br />a Washington nonprofit corporation
<br />Grantee (Lender):KrrrtrAs CouNtv,
<br />a political subdivision of Washington State
<br />Grantee (Trustee):
<br />Abbreviated Legal DescriPtion :
<br />Assessor's Tax Parcel
<br />ID Number:
<br />Reference Number:
<br />FIRST AMERICAN TTTLU INSURENCS COUPNNY
<br />Prn Lors 2.3 &.4 Blk 2, Ptn Lots I, 2, 3,4,8 8L 9 Blk 3, Lots l, 2,
<br />3, 4 & SBlk 5 and Lots l, 2,3, 4, 5,6,7 & SBlk 4 BALMER'S
<br />ADDITION TO THE CITY OF CLE ELUM, Bk 2, Pg 44' TOGW
<br />ptns of vacated streets and alleys in City of Cle Elum Ord' No' 709
<br />1st AM
<br />1196170
<br />113034
<br />202607130023
<br />THIS COLLATERAI, ASSIGNMENT OF DEED OF TRUST AND PROMISSORY
<br />NOTE (this "4ss!gruqeng'), is entered into as of July 10, 2026, befween HOPESOURCE, a
<br />washington nonp.rrt
<br />"otporation
<br />("Assignor"), and KITTITAS COUNTY, a political subdivision
<br />of Wasliington Siate, whose address is zo5w sth Ave, Suite 108, Ellensburg, WA 98926.("Assignee"
<br />or the o,egqnr[y,'), in connection with an award in the amount of Seven Hundred Fifty Thousand and
<br />00/100 Dollars ($750,000) (the "C9.unty Funds") made by A,ssignee to Assignor under that certain
<br />Homeless Housing erogram Crant agreernent,-Conttu.i HH-2021-001-HopeSource-ClP, dated
<br />July l5,202l,asamendldbythatcertalnAmendmentNo. I datedNovembet2l,2023'thatcertain
<br />Amendment No. 2 dated November 5, 2024, thatcertain Amendment No' 3 dated June 3,2025,
<br />ancl that cerlain Amendment No, 4 dated April 21,2026 (as amended, the "county Aqfeement")'
<br />nrrigno, has loaned the pro"eeds of the County Funds (the *Sponsgtloan") to Teanaway Court
<br />Associates LLLP r..paltnenlip ) for the development of a mixed-use affordable housing
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