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<br /> .° " . ` ` •; t.�ayn[G'tt�. Emrv�er��to make aQ paymeMa on the seaaed debt wVYen dus. Untess Borrower and Lendar agree otherwise. �y i�:..:,..< `I'� `,�-
<br /> � '- paymeMp Lender recei�es trom Eartower ar tor Borrouver's 6enefit v�n�b�aPa p,�Ge�D�ert of Me seaa d debt acawa for anY re�it wiD �+R�� , , "s;K
<br /> , • ' E. e�v0 of i�rest cr prineipa4 sacot�d to irttErest.and ffien to ptineiA � ,: . �
<br /> — , :s0i zr�tii«:at ex�an�sc,A�dv,te,Qpaymetrt urttil the�cured debt itt PaId in fu0. i" . �` r
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<br /> � 4 : ��l d t f i 8 A g a A m t 8Drt8w�l iD j� y�alft�a . eMS.and other chac8es atmbutaEle to tne prop�ty v�lran due and wiU Qetend tide ��:'•
<br /> to t h e t�Darty ega c[a i m s�6 v d 4�d�r f i e n o f t A i s d e s d o f V u s Y.l e n d e t m a 1 1�e q u!r.e B ortnwer to ass ign enY d g h t e.d a t m 8 o r � ,�� ..
<br /> • , dgtarr,�a vrAtd�60 0� _ . �� PAN labnr ar materials to imyrove ar matr�n the P�O�• ��:. �:�`:
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<br />- - 3.dtm(t3st[a:Burtower v 1v�e0D�Prope:ty insurfld unQet temts aceeptabie to LenQet at BcROwerB e:Dense and for Lertde r's tr e n e fi t. A I I ,2� , .�f�
<br /> ` � insurm�ce poticies slrali inefude e standardmnrtgage dause in favat o}Lender.Lender wiil be named aa tasa pay¢o or es t1��s insured on eny suth `;�"; ;; .`
<br /> �� ' insuratt�a Oo�Y.�y���Oroceads Deep ylied.within Lendera disuedon,to eittier tAe rentoreUon ar�eRai►at tAa damaged properiy ��, :�,t...
<br /> _ or m tlio secured deEt.lf Lendar requirea mor ege insuranee.Borrower agretts W maUimin suc1�insuranee tar ae lortg as LenQ�r roQutres. ��t t� "• .�
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<br /> ._ _ _ -"�,..,_': 4.PtaII�4►.Bor►awor w8t keep tim WapmtY fi gaod condd[on artd maRa eN�epa��a cessanabN�m1f• '" �'- -`
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<br /> , -. g,6sg�nuoa Borrawer aS�ees to peY aIl Lender'e exponses.including roasonahte ettomeye'teee.if Barcowor braak8 amr eoven8nts in thls dcad �;:��s� �>,.,�., �
<br /> - ,' � et vuot ar tn aaY e�figettort seeurad by Mis Qnod ot uuat.Barcower will pay thaso amouats w Londer es provtdad In Covenant 9 of tAi�daed ot ,,,�+��'�: ,f�,'`_.i`
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<br /> -- _-;.---i 6.i��e�.'ta�$t�sata.ltn�sa Barower fuat obtefna lendar's vrtitten wnsem.Bortower wi11 nat make or pormlt afi►changes to any Prtar ';_._�„���,4,.:,,c_•
<br /> . .. ,: :f secytity intumsta.BonoNm► v�nD�rlatm&!!oi 8orrower's obligeUons unGe►qay ptior mortgage. dead of tsust or other sewrlity agreemant, ' .,� ,. ��
<br /> f �nCtitd�ng Bmrowor's covenerns w r�stsko paymente when�s. �, ,•f`,.
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<br /> 7.ps�qtfrttant�Rmta a�4�.Bortower asstgn�w LenQer the rerrts end iprafr�of tAe proC�Y.Unless Bonowot and Lender huva a�eed "� :�G���,.�. ` _
<br /> atAO�wrEa in mitltsa Bortower mey eoUect end retain the re►rcs as tang as Barrowo►is nDt in defautt.If Sorrower detnutta, landes.Lendes's ;a��t���t•,. �':` .r��,
<br /> ` .`,, apant,ar e eourt eppairrted reaatvor mny mke possession and mana9e the property end coilea the recne.A�y re�rts Lender coUects shatl Ee • �'��;.<• � �" �A,
<br /> appB80 ff�st to tt�e aoste oi mae�agin�the propert�l,inefudfnn eourt eoste a�d attomeys'feea,eommissions to rental agerns.and amr other . �;::', ;;..;�.:,';•%l;
<br /> npapasary reiated expsnses.?he�emaining emawft of rerrts wTl then apDh►to Dayme�oa the secured de6t as provFded in Covenan!7. t•,• .;::.,�, .-`:�"
<br /> ' ' - `y� 8.Ceazcftatd!►'CcnamN�nTfa:P1e�msd Urdt OovatoametRe:Bo[rawer agrees to eompty witfi tl�s provisia�s of arry teaso if ttus deed af Vust is on ' '' t�.':.:��„�,
<br /> a(Qasehotd.I;Wo Qeed of truat is on a unFt tn a condommium or a piw�ad unit Qevatopment,Barrower wfi peAarm atl of Barrower'e duties F���.; ''' , �`;
<br /> � . unQer tha eovenants.by�laws.ar�egutatlons of tne condominium or planned unit Eevefapcderrt. f,: .S :, .;.>.;}::
<br /> 8.RutltadN at lse�u LD Parfarrt�tor Barroaar.tf Bortower fa�7s to erfortn arry af Borrauvefa Quties urtder tliis dead of trust,Lendar may � :�'„ ,.=
<br /> pmt"ann tha Qutioa ot eause 4hem to Oe performed.Lender may sign�e name orpay eiry amowrt if neeesse�l►to�Oe*farman+�•�t anyl .
<br /> � eaRStruatian art ttte proparfy ia diseaminued oi nat eartfed an tn a teasonabte manner,Lender mey do�vhatever ia rteeessary to promet LenQeYe � . r� f t `
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<br /> : ..'�r� seCarftY interest in th9 progo�[11.TAis may tne.tude eomAterirt9llta ear�uettan. j�' r.'�� r •�K
<br /> Lendere ta0ure to pertorm witl not pradude Lender from exeresiasg any of ita other righ�umdar the Iaw or this deed of trusY. � ,;��7I i-- .
<br /> � 1 � q�y amannts pald by Lender m proteet Lendafs seeurity inmrest wi11 be sec�ued by this deed of trust.Such amourtts wiD ho Que on Eem�d �, r;`:%"�;�"�"`
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<br /> � �;/.i� and w�i 6ear inmrest irom the Qete of the paymerrt�mb7 paid ii►fic!3 at the inteceat rets(n effect on the seeured debL � �� . ��`,�_'•:.'i�,_
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<br />_ • ";'} 1q�pa�autt�d Aeeeleragoar.if Borrower taits w make any 6saymer+t when dua or hrea&s anyt covenartts tmder ttsis dext of Tnist ar arry �ir, .,:,51
<br /> �A�rri��d(ntnme�die�Day�ment end msy��i ke the power ot s�ale�a�ity oU�i�d�p���7►aeppt�i�bie�ot dvz seaued debt an0 .p., a''�-1::, = ��=
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<br /> ti.Re�[ast tor RoBce ot OefautG k is hereby requested that ecPies of the�atices af defauk and sate Os seat w eact+Gason wfw is a partY � �. �: . r �;
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<br /> hureL�,at ttte address at each sueh person,as set tarth he*ein. r;. • ��P:: f::r`
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<br /> - � • • 1�.F4nvor o}Sata.I!the Lertder Invotrss the powe►of ea�e.tts�Trustea shail fUat record in the affioa of th2 c�istar ot deeQs of each cetarty <<:• ,!.�% ,%:A�'
<br /> ` , .•; u�6u�ein tAe vusit property or sorrto P�ar pareel thereof is s�d a noflee of default cor�utin9 the iMortnation requL-�GY�eW ThB Tit[stea � '�'•`.!'^' .
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<br /> stiaf!mso matl copies of the no8to ot detault w the Bonower,a±each person who ia a p2cb�g taareto,and to oth2r deisx�aa prescn'beA bV '�j ;2:=�
<br /> agfsl3cabte law. Nnt fess tran or.a manth afvn the Tnistee c�cauds tAe notfce ot Qefautt.cr cvaco mo�hs it the Uust a:.�rt1►is nct in arry ; •�,4�- �.
<br /> ' • .•�s tocarporetnd city at viilaga and ia usad in fartning oDeretions ca��on by the trustor,the Tncsooa shail give pubtla�aUts a�sa'a to tha persans � ��i;�`��
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<br /> ,;�.;_. � and in ttte maruee►presaibed appyticabfs taw.Trustee,wi:,'�u:demand an 9oaowar,shafi sel!the proysr�y at Pub�c es�won to tha hlgheet :1r`;:,;;.'�
<br /> t� ^ bfdder.(f required bV the Farm Homestead Protection Act,Tn�sa2 shatl offer tt+e property in two eeyarata eafes as requir$a by appllcahte tavi.
<br /> - -• � Tn�teo may postaone sa19 of all qr a�ry pareel of the ptoperty��ubiic annauneement at ths time anA ptaee of any preolousiy echeduted sale. ° Fy��� _�
<br /> _ .. .� .,'�; L�r or its deaignee may�urctmsa the property at any safe. .. � .' �'�"
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<br /> , l " (,�i aT rewipt ot paymeM ot the pcfa�bid,Trustee s h a l t Qe l i v es�-�t a purc haser Tru a m e's d e e d w n v e y i ng t h e p ro p e r t y.T h e^��I s c o n t a i n e d i n , ry:
<br /> ' `'�%' �. T'iu�sa's deed shali be prima facis svidience of the vutt►of tho�aments cortainad thecetn.Trustee shail8pply tho pro��t th9 eale in the ;
<br /> � f�}owing otder: ia) to ait e�enses of the seia, in�ludin� 9.�not limited to, reasonahIs Ttustee's tees, ressonab'��omsSfs fees and 1� Y '''���.
<br /> �+�'��� ' :.����+ f9iR8TdI8tI18tit�805;(D)to etl suma secure d by t A i a d ee d o t L�an d(e l t ha 6 a lan c e,i f a n y,t o fi e p arsons t e galf y snUtted Cs recoivs It. `� ° �'.;;
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<br /> � �` ' .�.+,��+3 Z3.Farociaaura.At Lsnder's apUon,tNs QeeA a?�,si eRai!t�ioreelose0 in th0 rt�annar provide by epptie8b18!aw far foreelosure of mOrtgBges , :�,s: -r W:-
<br /> � � ,;;y�� an roal propert5►. '�°� --
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<br /> 9�.BceaDectton.LenEet may enter the DropertN ta�s0aet it if�:�^'...er ghres Bortowor nottce ll7�rehanA.The noUce must st�te the reasonabta ;;ii,. � y'�
<br /> -. ';i i� � CaLAI fOr Lendads inspeattan. `-' ,. ��
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<br /> • ��.;, tG.Lbndamrtatta�Bottower essians to LsnQsr ut'rQ procaeds c!f rY aw8rd ar dahn tor dama�s connocted with a conQemr.a�n or othet taEcing . � _
<br /> �� ,.�. of all or any pert of the property.Sueh pracee�z wn"U be aDD��ed aa prcvtCe:t in�svenarn 1.This essigmnern la subject to the tertns of arry prior
<br /> } f1,,,: � ; �sCUtity agreemertt. �� ' � -
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<br /> jF y`{�: , , -f t�Watirer.By e�cercising arry cFr.rnrn�v avaflabte to Lender,Lecs�m Qoes not give up arry rigMa to later use a�ther�emeCy.By aot exett3sing
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<br /> , ,,, srisF,eamady uyon Bonowere d�'��.Y.Lender does nm waive s�rit�t to leter consider the evant a detauit if it pena agai^. ��e
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<br /> :f;� .' . � t�T.Joint anb Soyorat UaAilltv:Co-stgnara:Suacosama aa���Bmmd.AII QuUes under thia deed ot Urust are�o�� an0 several. Any i`°�;...� ,. . � .�
<br /> ;„. . ., Banowm who co-signs this dae0 0!trost but Qoea not co srgn the under{�1ng daDt instrumentts) doea so onty to �a�t and comrey thet �� ,,.�: .,,
<br /> gorrawafa hrcereat In M9 proyorly to tha Truatee un6er the terma of this deed of truat.in aQdiUon,sueb a Borrower agrrrs that the Lender and r, , �,
<br /> � any other 6arror�et undar this deed of vust mey extena, modity or make arry other changea in tAe torma of this deod of trust or the secuted ' `�'�^,
<br /> •a^;�. dL�f wtthout thet Borrowor's consont and without ret�asing L':3t Bonower irom tha terms of this Qeed of trust. � ,' +�����,
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<br /> - ,�' 1Tr�duHa9 and Qee�flte of thls deed of Vust sha0 Eind and�e�p�r,tho sueeessare and assigna of LenQer and Bortower. ; '.., ':' �::.,
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<br /> ,t : ;s 1tl.Hatfco.Unlean otharwlso raQuUed by Iaw,arey ac^.:sa ta£a��awe�shatl Ee glven by deTiveNng it or by mailing ft by ceec�"r�f maD addresstsd to ,j � r r`'.
<br /> • ri.: B a t r o w e t e t t h e p r op o r t y a d d r o s e o r arty�o t h e r m�s s 3�£a.�w a i h a s atve n t o L e n d e r.B o r r o w er wilt g ive an y�rotiee ta tsndet b y certtfied '"`" ��r 7:
<br /> ,; , ,,�� � mail to LenQera edaress an page 1 of thla de�9 zft�.ss,ar e��^y other ad�ss which Lendar has Qesignatod.Any other ewtJCO to lendar s�dt a:. �Y
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<br /> E_. �. �n�, bo seM to Londer'e adQresa as steted on page 1 o t t h is Qo a i c�.°�.ast. ( .r !,,�°
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<br /> _.. ..,:;•. Qny noUce ahall Do Deomed to Azvo 6een gtven to Bonower ee(�Oer whon gtvan(n the manner atated abovo. ��;,,., .
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<br /> _ 1g,Trmu{�r o4 tM prepvty o�m Hbnefteia!drterest in the Bccmasrer.if a11 or erry pan of the properN er any 6rterest in it n aotd or uansfened ` �
<br /> :,,�� without I.enQor'a pnai wrrtten cu�sent Lender may demand immodlate paymertt of the secured debl. Lender may atso demand immediato
<br /> _- d mond paymonL��n t�ho above situetlo�ns�if n is�ptoh�ed by fed8ial iaw as oiiho a�e oi i�is ceea�o vus�i.n�ened. Howovar, Londer may not
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<br /> `�� Z0.Reenmieyaneo.When the obiigation secured by this deed of Vust has baen paid and Lendo�has no turther obtigatlon to mako aQvances
<br /> -_'',.�• �• un0ot the instrumeMS or agreemanta secwed by thia deed of uust,the Trustea shatf,upon vuriKen requoatpy tho Londot,reconvey tho�rust • .
<br /> r�;. • � , pro orty.Tho Lendor ehatl detivar to the Borrowet,o�to Bortower's succeasor in iMerest,the trust deed end tho noto ar othar evidenco o!ffie
<br /> •+� • � obl�jaUon so saUafiad.Bonower shall pay any recordaUon eosts.
<br /> �x; ,. Z?. Succesom Taatoo. lender, at LerMer's opUon,maV remove Trustee and appoirtt a aucesssor trusteo by flrat, mailing a capy of tAc . •� .
<br />- substitution of trustoe as requUed by eppllcaMe law,urtd then,by filing the subsdtution of trustoo tor racord t�tho o}Hco of the regiatar o!daeds ,
<br /> •� � • s�uCCOe to al�ho powe tdutioe euthot�ity�a d titie o f the Trusetee neme d in U i e dee d o f�trsust ar�id of arry sue esso Vusteo�f the propaRy, shtl{_
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<br /> • . � . J BlWIIENS SYSfEM9.INC..ST.C�OUD.MN 88301 It$0?397.�3611 FORM CCi-IN76HE 6l1991 .
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