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<br /> ° Unless othenvis,,agr�✓J in wrfttn6.all insucance procce�s shnll be nppltc�to the restoration or repair of the Property or to �
<br /> � t�e Socured Debt, whether or not then due, at BQneficiary's optlon. My application of procecds to prinr,ipal slinll not
<br /> cRtenc�or postpone the due date af the scheduled pA ment nor sbange the amount of s►r�y payment. Any excess will be pnid �•
<br /> an
<br /> to the Grantor. If the Property Is acquired by Bene clary,Trustor's d�ght to nny insurancepolicies und xoceeds result¢np
<br /> . from damage ro the Ptoperty befom the acqulsltion shall pass to Ik�neficiar•to the extent of the Secumd�ebt Immf:tllately t� :`
<br /> ' ' before thc acquisition. .
<br /> � 20.ESCPOW E(D�'�A7�3 A2t1D IP�5lJ�3AN�C. Uxil�:s otl�cr�,fac providccl in a scparatc agreEment, 'Tiuetor will no� he „ . �
<br /> rcquired to pay to Benoficiary fimda for ta�es and insurauce in escrow. +'
<br /> - 21.F�NANCIAL REPOR'1'S Ale'ID ADDI'TIONAL DOCLIIV�N'i'S, 'Trustor will� provide tu Heneficlary upon requPSt, any °
<br /> ._w�.iw� tinencial statement or InformP�;ion fleaeficinry may deem reasonably necessary.Trustor agrees to slgn,deliver.and�ile nn�y �,;�•.,: �
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<br /> � •�,► additionat documents or certikcsad�ns thnt BeneficiFU�y mn�consider necessar�r to perfect,condnu�,and preserve Grantor a �
<br /> ob1igatIons under this Securi�y[nsarument end Br.nefic{tuy s lien statue an the Property. : �,; � ,,y;
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<br /> � 22.JOINT MTD IIVDNIIIUAX. LIA►i31i.1i'I'Y� �0,9pGiV�RS;S[JCC�'SSaRS AND ASSYGNS BOIJNU.All dudes undcr > �;=.
<br /> this Secur�ty Insuumeat are joint and indivldunl.If Trustor si�ns this Security Instnunent but does not sign an evidcnr,e of ��`�'��-
<br /> debt, Tcustor does so only ur mortgage Trustor's interest in tha Property to secure payment of the �"*� �
<br /> Secured D�bt nnd f,:.^`=
<br /> Tivstor does not agree to bte persannlly 1ia61e on thc:Secund Debt. If this 5ecud�Instrumeat secures a gunranty be.tween �'��«
<br /> Bene&ciary►And Tvswr,Trustor agrces to wnive�ny ri hta�hat may prevent B2ne iciary frora bringing any nction oa clnim �"ti:�;r--
<br /> against Trustor or any patty indPbted uader the ob�i�gatfon. Thesc rights may iaclude, but ate nat limited to, anay
<br /> ana-defictency or one-action taws. T�ustor Agrc�es that Heneficiary sud any party to this Security Instrumeat may eatend, -`�
<br /> � madify or make any chenga Yi�the terms of this Security Iastrument or aay evldence of debt without Trustor's coasent. ,,:`:�f;��l
<br /> .. S�ch a change will not release P�ttistor from the term9 ofthls Security Insuument. The duties and ix:nafite of this 5eciirity •..���•_�- -
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<br /> Insmunent sLell bind and beasfit t�ie successors and asstgns of Tnutor end Benefrciul. '•..��,..
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<br /> '�. .,`> 23.APPLICABLE LAW SEVEItAB�[L1TY;aV'TERPRETATIOM.Th3e Secwity Instn�meztt ie governed by the lav�a of the 't i�;;��,__
<br /> jurisdictlon in which �eueficiary is located, except to the extent othenvise requu�i yb the luws of ttce junstli��ion where �,;�.�.�:;
<br /> . the Fnnperty is located. 'Ihis Securiry InstnuTUe�t Is complete and fully integrated Thia Security Instrument may nat bc .�=---
<br /> amended or modifled by oral agreement. Aa se�tion in tlus Securlty lnstrument attacbme.nta,or an�agreement related to ��"°'.
<br /> ,� the Secured Debt that conflicts with applicab�e l�w w1U not be effecave, unless tfiat law e mssl or im liedl ��'""��'
<br /> variatiaas b wr3ttea a xP y P Y Peraeits the ';..i.�=:-- �
<br /> y greement.If any secHon of this Se�urity Tns�nt cannot be enfomRd accoMlug to its temts,tlxat '�;`---=�"�
<br /> secdon wlll be severed and will uot affect the eafot�eability of the remawder of this Security Iasteument.Whenever used, �m�
<br /> „ �.d� the eingular shall include the plural and the plurat We singulur. 75e capLIons and headings of the sectione of thIs Security ��;h±n�=;�
<br /> �! fnsuument are for cnnvenicnce oal y and are not to bc used to lnte r pret or define the terms of thie S e c u r i ry I n s t r u m c n t. �°--�,—
<br /> - Tamc is of the essence in tlus&ecurity Instn�ment. �;•'�'"°`.=`
<br /> �f v,, _w_..
<br /> t�+� 24. S�JCCESSOR TRUSI'EE. Benefciary. at Benefici 's opdon,,may.from time so tiane remove Tiustee and eppoint a �i _ —
<br /> �., °L�^t`if iIil"oiw C„i�IOiIt a'3i"a,ui2I' 'f01�'u'ilfij% iu&u iuc�csi"'atiesu m wilting.Tne succ�ssar uustee.Wit}10Ut COAVCYilACC OI --
<br /> t• the Property, shall succe�edito nll the title, power end �uries conferred upon Trustr.� by thle SecwYty Innhument and ° - -
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<br /> " �. agpflcable law.
<br /> 25. NOT[C.E.Unless othenvise re�uired by law. aay nodce ahall be given by deEivering lt or by mnilimB it by fust class mail -
<br /> ' to the approprlate p�rty's address on page 1 of this Security Insmuuent, or to any ot�her address designnted In wrltiug.
<br /> Notice to oae trustor will be deemed to be nodce to all trustors.
<br /> 2G. WAI0.�'IERS. Eacept to tlie extcnt pmhibIted by law, Tiunt�r wwv��s all a�>praisement and hamesteud exeniption iights
<br /> ' '"" reladng to the Property.
<br /> �.`
<br /> • ; � � 27. 07'I�R TERMS.�f checiced. tho following are appltcable to this Security Instrument: �
<br /> � ❑ Line af CredIt.'Ihe Seciired Debi includes a revolving line of credit provision. A➢though tho Secut�d Debt may be �-�._.,
<br /> �; -; reduced to a zem balance,this Securiry Instrumeat will re,n�ain in effoct uutil releasec�. `.""'�
<br />�"'-�'�" -• � Consdnxtion Laann.'Ihis Sec�ulry Instrument secums a�obligatIon incurred for the construction of rin improvement =•
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<br /> . .� �.LL ,�i. on tht ProPertY• it:::
<br />-�'-���� ... ❑ F�xture F'iling.Tn�sWr grants ro Beaeficiary a security interest in all goods that Graator owns notiv or in the�utune =
<br /> '�� � and that are or will become f�ctuns related to the IProperty. This �ecurity Instrument suffices as a iina�eing
<br />�� statement and any carbon.photographic or other reproduction may be filed of record for purposes of Article 9 of the
<br /> • • UniformCommercial('odc. ���--
<br />:�:a; : :� �. ❑ Rlda�s.'Ihe aovenants and agreemeata of each of the rlders checked bslow aze jncorporated{ntm and supplement and `:';:
<br /> ''� amead the temis of this Securi Insm�rnent. Check all licable botes ��
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<br /> i�� " ❑Coadominium Rider � Plnnned Unit Development Rider C7 Other ='' --
<br /> �: , ❑Additlonal Terms. .................................................. -- ---
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<br /> SIGNA'fURFS: By signing below, 7lustor ngrces to the terms and coveiiants contained iu this Security Instivment and in nny '.b• ,��;'�••�''°:�,•,°''
<br /> attachments. Trusior also acknowledges receipt of a oopy of Wis Securiry Instns�ent on the date stated on page 1. �:';;�� "
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<br /> S1'ATB OF N�?�k�? ....,COUNTY OF�+T�t.................... ,=
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<br /> 'Ihis mstnunent w:�s acicnowledged be€are me this ......��._......day of..........�PK'���..�:��7...............SS.
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<br /> M ��F�BtEr�sMe } .,.i�r.:.l�l,�?Q.�cX..-�................................ .
<br /> - . I OAVID R.BOEHIE ...../.'�?►:: ..............................
<br /> 1 �d��A��l.En;+.tl�:!�.22.�999 (Natary Fubllcl� '
<br /> -' � � 0�994�enke�Sv�tema,Ine.,6t.CIaM,MN 17-000-391434t1 FormI1E�DT•NE t2/29l30 roapo a o�a� ' _
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