. h 'c-,-G`� _ i. �.�:. ':_..-.�__ _ �?!' ' 1�i��,L
<br /> . uy � ".. :.;:.
<br /> . . .( . . . "- .t,L. •`.:.
<br /> , �-���.f . � . t . .� 44.i �- ' - .-
<br /> << �q� ' _ .i � ;�._ t ` � -a. ����,�E �' .
<br /> �''�' ` ' ` �'�t°���f, _ �
<br /> � �7.� ,Y h f� , . ` ., . . .. 4- `� ` '����=�• t" ��_ r r .�_.�Y__6���...�i33'1. � �' .. . .
<br /> . . .,� `.�,,,___�.�J:._..___.___ �..,�`_� _.�.r,-_. ..a. .
<br /> -.. � _-F� �W�`_ [�� `�' � � �
<br /> , �.:s v 4 nm9t��0
<br /> -;__ �-"�� COVH9Al�i7'3 �Slq�iis�d►°� t`: o ';. '
<br /> � � � • �, p��. Bocrower agreos to make aU �oRts on the seeured de5t when due. Unlesa Bonower and Lender a�ee atticnvis�o. nnY .
<br /> � � paymgMs Lendgr recehres from Bortower or ar BortoweYs banofit wlil be tippllad ftrat to any amourrti:Eorcower owes an ths sanura�duUt ,
<br /> , exciusive of interest m pdnci0al.se�ond to interost.and�Qd deb nt�pa d in tuU��repaymer�t of tha seaued deQt awre fcr airy rear�ar.it w1U �:.
<br /> �. , nat redu�e ar exct�a `i. . .
<br /> � Y :� ��` 2.Clcf�na AS��}��r,�a�q�1l!���' essmsnta,end athet eharqes ettd0uta4la to ihsproRerty when due and v+rdl dOte �tfita ::
<br /> - ._` defe�nses wN�e��p w���i�RC��� �DN��°°r�materi a�w im�pro�ve orYm�n�D�►snaian anv riaM6. a or -- _
<br /> S�.�.,.� `
<br /> ' � 8.Ge�umue.Borrower wiU keep tha ptapettY insura0 unQar terms aecepffible to!ender at Borrowers e�ense an0 tor lertds�'8.4anafit. AG � .�. •: �
<br /> ' Utisurance potideA srall(n�heQe o atandard Rso�a�ctauss in favor ot Lender.Lender wUl ba named as[oss Deyee or es the insureQ Gn anY sv�h ,•.. .
<br /> de�s :... .
<br /> � insurance potlay.pr►y Uuuranca proceeda muy 6e-aD�IeO.wlthin lendefs Qisaetlon,to either tha restoraUan cr repab ot the damt�tS�d pmA�Y .
<br /> � cr to tha eewsed dsbt.It Lendsr requtres morlgage insureneo.BCrtOwBi agt6e9 t0 mairt8in SUCh 1t19tu8nC0 fOf 891bng 89 l8ifd8►�flqu�R05. "ir-:,.".:.
<br /> _ y
<br /> . �:- ,.:��,� 4•Prag�rrty.Bortovrer will keop tha praperty in good eondii�on and make eU ropa'va rnesonabiy necesserY. :-:: .�
<br /> t .
<br /> - - ; , :, � -__:°.�_�: __
<br /> 5,��.8artower e�ees to DaY elt LendeY&expensos,tndudng reasonahte attomfrys'fees,if Soreower brenlcs arN covana�lES fn thtt dead -
<br /> ,_ � o f trust ot i n any o b t f g a t t o n s e c u t e d b y t h f�d e e d o f u u s t.B o r r o w e r w i l l p a y t A e s e a m n u n t s t o Lender as p rovidsd in CovenarR 8 M thts donl!of ;F/., ;..
<br /> ; ` • `.,s ttu,L •
<br /> i '` �
<br /> -- �---� 8.�tot Seaat3ll tr�Lareats-UNess Bartower tirat obtains Lende►'e written consent.Borrower wiU nat make or permit any cha�t�ta any p�or --- s, r•_-
<br /> seeurity iMerests.Borrov+r�wiQ Derform eU af Bortawefs cbtiSations under enY prtar martgage,deed of trust ar other secwity;agrewnont. ,�'
<br /> tnc(uding 6orrowers covenaMS To meko paymertts when dae. .r�JS _ �..
<br />-�- . �,p�t o!{{�le�eQd Prafit�.Bonower assigns to LenQer tha rents and pmfiRs of the property.Untess Bonower an0 Leadta hava agr e�a d .�J, �
<br /> ,�. � � ~ ath in uu�tthig,Bortawar may coitsct and retain tt+e rerrta as tortg as Borrower ia nat in detautt.f!Borrower dstaults.L�ander. Lendo�'s
<br /> agen�ar e eourt sDyOirrted roeetvernme teke posse9sion aund manage the ProPeRY end eoliect the rerus.AnY reots Lendsr eo6mctL ehati 6a � 4•
<br /> - �PD�ary�ieJated e��f Tha �temaini 98amopimtYOf re�will t�heiita DN Dalm�errts on the��wred daht a�s provided in9Cn�n m�1��thet �
<br /> �•�r.. r;°
<br /> - , • `�r 0.L�:�r^,{�s'Casxfon�ns:Piaimnd UNt QavateAm�m.BatroWOr a c�w eam ty wttA ifs�Peavi�a�ss ef any tca�e i:this dACd af trt�at is a�► _''��::.'•.,;.',.;;`._
<br /> . � , a teasetmta,l�thls deed of trust ta on a tudt�n a condominhun or a D��d!��ve►opmetn.Bortower will perform e11 ot Bannwrr'&dutias � ;.,_, x,�,._
<br /> " us , , ,
<br /> . `' , � under d�o covon3r►ts.by�aws.or reguta�lana of the candomfiium or ptanned una develapmeirt. �,_, ,,:..,.,;.:
<br />: 4 .:�- � ' �"� -
<br /> _ • - �:. � 9.Aatls�tfl ot t,cusdar to P�imm to�Bortavree. It Bortowes fails toy ertorm em+af Borrowefs duties under this deed ot,ttuat.,Lat�dtu•maY �;;f: �.,;:,
<br /> i p e r t o rt n t h e d�s t i e s a r e a u s e t h e m t o b e p a s t o r m s d.L e n d e r m s l l�eocrower's nama efA enyr emoimi H necassarY tm psstarmonco.lt eiryl �,.,: ��'�..,,,;'��.:_,
<br />- � ' �; '+-1 cotuaueUon an the property ia dlscarrtinued er not carHed on t�e reasanabie macmmer l�x e d e r ymay do t v h a t ever i s nemssaN t t+P r o t e c t•�t d�e . `: .��:'f.r;:
<br /> 'T; � securEty irnerust in the praDertY.This may tncfuda ecmptsUng tRe construcNon. r '
<br /> „ ,r
<br /> � - Lender's fa�ae 4�perfarm vuiTl not pseduae Lender from exerctsing arry af iis other rtghta under tha taw or this Qeed of Vus� � �' . :
<br /> , .; •' �'��t
<br />- • My emourrts 081d bY lender to proteet i.snders se�auiN Ir�rest witt bB seeined by this deed af uu�^t.Sueh amourts wi0 ha dua an demand ..;;��` �.: �;I.;;
<br /> - ano w(9 Eear irterest trom the date af t�paymertt until paid tn fidl at the irusrest rate in eHect on t[ta ssc�ued debt. ;;��•���•=f,��
<br /> ..� ,, f�:.,�,..
<br /> :�.'.?, r..�,.��,�M". .
<br /> , 10.Defetdt�d A�aBon. If Bmra'vrar taits m make arry payment when due ar Dreaks arry w�renants under thfs daed�af.tnut or anY ,: i t::s�,�".. '
<br /> �' r;;`,.::. dp(igation seaued blr tt�s deed of uust ar arry prlor mortgage or deed ot wsL Leader may accafera�the maturity of thsr se�.vred�dohi and . ., '�.r::A•-.
<br /> � .: � demanA immediate DaY��may imroke tha Pnwer o!sate and any other romediastiermittea bY gDPt3eabte iaw. ,•.,. . �s..,,�`.�;-;-
<br /> }1 . t� ;` ' ` : •.
<br /> � �t,��,�i i�r flto�Ca e��,ft i�.hereLy requested that eopies of the nutices af defauft and eafe Ee sestt to ea�h qsruon_avho•ib a psny ;:,
<br /> :. i hersto�Gat�e address cG�su�h�n.as Bet torth herein. ` a
<br /> F t2,�y}$y(0.T,p ,y�$3tlde[i�YG�f�1178 pOWBi 018a10�the Ttuste9 6haU ftrst Cc�td In the offlCe of the regtstel of d06t(6 dt e$t�t Couttly �
<br /> wharein tha trust pr+o-.+�'�F ot some p�t or parcef therent Is siwated a notice o!defa��t+or►talNng the h�tormatlon c�siired ttY tma.�Yruateo w,�,,,.,
<br /> '. shaU atso mail copFes eY t4►e rtoUce oi Aefautt to the Bortower.to each pe�s�on ue!va•��party fiereto,and to oti4er-.�mson6i.a6 Pt�cribad by , � • �,?,; .
<br /> • ! . �r sp➢tieabte law.Not Iess than one mp�A after the Trustee recards 1he�affce a��,or two morrths if th�'nr�t Drupmt�t fs nat in,anv ,� .
<br /> inCOrpoteted cfty ar viliage and is us�in ferming opeteUon�carrted on by the tsusta�;d�e 7rustee shafi give p�@�rr^1i�e of�titllp t0 t�19 pBISCt19 .
<br /> � ,{' '' y end in,t�e manner preseribed bV app3i►zsble law.Trustae,without Qomand on Borrowel,shall setl tt�e propertv et;ahlic auali0il,to�tfl�hF�ft�st ,
<br /> l f Fr���,�� "r.. 6idQ�:���fred DY the Farm Hom�.�d Protecdon Act,Trustee ehdL ctfer ffie proFsrty in tws's�arate safea as requimQ�pri�aAA�asba tinv. �l.s�' ..
<br /> • ,.M..*,� Trustac c�aY P���to ot all or��parcel of the propertY bY au[v'f�a�sauncemeat at ths aaa�d piace o}any provt�usby:scheduUrd�eate. ��{�,�'i,�%: ;
<br /> 1 �,',sur;�1 , LeMer or ita destgnee may pwehase the property at any sate. .. '• �`'��`�����`**;
<br /> - ��r .. i`''.
<br /> ---;:� Upon receipt ot pa er°.�ot ths Drice btd,Trustea shal{Qet'rvet to U'te pwChaset Tr�r�s.Qt1Cd eonveying the propeKy.Th8 rncit3tlS ooMaMed in � �1�--�
<br /> � Yn�stee's Qacd stw.�ba�im�lacte evidience of the uuth oi the statements eontaa�tut if:r#rein.Trustee shall appry tha procee�&of�tho satn in tho ,
<br /> foitawing order: ta2 tc all expenses of the sate, inctuding, 6ut not limited to, rms�nabie?custea's tees,reasonable.attmnflt�s tees and '�:
<br /> t.
<br /> ti= � lFj�'�J,; .I �f reirusWtemaM fees;Ib)to ati sums sewred by thts deed of trusK,and lc)the ba!ance,i!any,to the porsons legally entitte�to rt�e3va it. F; : } _
<br /> `.�j,t. , �.. . , �'.,r-
<br /> �'�;;;�.,�: ,� 1�.Fa�3 o�t ao.At lender's opUon,this Qeed at aust may be toreetnsed tn the manner provlde by appiicabte law for foron'r,�ure oi.mortBAflos k, .
<br /> :'���,�i�,•• . �` onrealyroperty. `�;r
<br /> ..�h(1. .;:.°r' .�
<br /> �� � :i� 14.trmp�(pn.Lendm��ayl erttet the ptopertV to(nspect it if Lender gives Bono•r✓FS�otice batorehand.Tha noUce must�stat0 tho toasont►bta +�;
<br /> ��r,sr ti� ',�; C8us9 foi Lender's it�¢�ti4n. i�`-�.
<br /> � ' �r t.r,''ir � $�-
<br /> :t F{�,F! ., 1$.�atlon.Bortower essigns to Lender the�raceeds of ar►jv+F•6iatd or ctaim tor damages conrracted with a wnQemnatbn.m�othm taktng , �_
<br /> � `�? 2,�';�...:=; ot�f►Crr ufit D�of tha P��S►.5u�Oroceeds wiii ba apalied es r�a�t�ded in Covenant 1.Thts a�signment is subject to tha•torms uf�atry prior `_
<br /> '' ; '���";'.��r c,:.sS 88CU�TR21�98IIIertG • t
<br /> �; t . r�ly,j��YI, }�� � ��'�� •
<br /> �i ' ,. �r t
<br /> �� , . , 18.NfEivat.BY e�rdsing arry ramodv availaDle to Leader,Lendcr Cu�rot glve up eny righta c�M1�as use er�V othar romadY�ey,not•exo�ef5ing � r, �,�� 1t��sL'
<br /> �, �. . ` any wmedy uIIOn Borr�-a.�r'e defauft,LenQer doea nat yvatve eny�ight so iaisr cons�R�r tAe eveni a Qetautt it it t�apparLS again.. ��•_ ,_,
<br /> � • •���? 19.Jatnt and Se+ror�i.ia4:�ty:Cat�i�era:Suscesaors and Aeril�m Bourid.A[l�:ci� under thia Aeed of vust 8ro joUR�and�sEnrotat:.My . - -
<br /> Ae 1
<br /> : , ;,. Bomesf�who co-stgns We deed ot trust eut Qaes not caslgn the unQerivin�:te��saumenttel Joes so onty to grani�urN�aonvay thot ,:�,
<br /> _�;. ,jt.f:,��. gpr��¢r,�s tMerest in tha propertY t,�d�o Tn�stee under ffie tertns aE this deed o trust.In adAitia.h,suet�a Bortower egreea that�t�t�65n4oi and
<br /> �t , any�ltur 6anowor under this Ceed ct.vust maY extend,madi�or�c�aice arry other chaagea in�.ta tetms of this deed of Uusior tha saaurod .,�Jff� ';
<br /> tu
<br /> -�" +, j�`};��• '. debt K%rEraut that Bortower's consesst and wtthout roioasing thst ortovrer trom thg terms of thts�e+i ot bust. , •
<br /> cx .' '
<br /> y� ..�,r",' ' � '.-. : . :
<br /> 4,;;i �, '.`' '� _ 'ihe QuUea and bene`°.s af tAis QeaA o!trust ahalf E:rn�and beneftt the cuccessore and assigns of lenQer and Bortower. ..: .
<br /> �• . '� �_.� d . ' : ,-� . �
<br /> � ' 18.No�ca.UNOSS otherwiso reQuitad by law,any csr,�to Bottower ehafl be gtven by del�veting ft or by maili.�}ii bt!eerdfl9d mt�i'8 Utassad w .' .,
<br /> �-� � `';F „ enrrawe►at ths pro arty address or otfier addreas that Borcower has given to Lendor.Bonower will give an�notiee to LenQm�bY,n�rtYHErd ;�<;;
<br /> +�; :. �f,�,,,. � maa ca�tenders aQ�toas on paga t aG�xs Qead of VusL or to eny dC:er aadreas whJcA LenQer has designate0.�e�ryt oihsr notios tn�Ilen�er shatl ���, ;,, :
<br /> ,, bc�x�1z�tBrtQer's edQteas as smmC'�pg9e 1 of thls deed of¢ur� � f�'�^��}
<br /> �_( +�4�.. .. , :,�i r �5,;« �
<br />. _.,.� ,,:,,, . Ar�y s�t::ic�ahail ba Aeemad to have baen ghron to Bnrrawer cr C�xfi�wAen gtven in ttte manner st�3 a6ova. � � fi�S x�•, :
<br /> ,.,,j:.� '�,•��
<br /> :�k:`. ".'•- � �� 19.T�sfer o1 tirs 6t�partY or e BensBelef trrterasz @t rluf Bart�a�rx'.t!all or any�art ct ths praporty or apy i7r�t in It la saokl'or tranatoTr� . ,.r.•�
<br /> �;�;- :: ;� r witRcui donder's pr+�wtittOn oonso�»,lsnd0r may Q�mand�cru�tete paymert cf tha secureb debt.Lsr.f.c+v mAy at8o d9mend Immrrtiio2e
<br /> ., i � ? payr.senS it tAs Borrrnva►is nat a naturoi person end a honefielzf,irnntast in tha Bortawer ia sc� ot transt�^�wD-itowevae. I.emlet mtq�.nai
<br /> , •'� „ �;i, Qemu,�paymaM in the aLave situati�r�a tf n is proh3bRed by teQe�at�Uav as ot tha data ot thte deed c!trust : �
<br /> �;u; ��'%-1�'�,-.: ,i. Zp,�t�eammyeneo.iNt�en the oDfigattan soeurod by this deed of tfv rx has been paid end Lsnder I•,�s no turther oDfipatton t�maiw a¢v�nees � ,
<br /> � � "+ urtdar th0 insuumente or agreemerns secured by this deed of trust,,nA Trustee aha�upon written rsquost b�!t+re L.endar,raoontrey tne trost ?. ' ,
<br /> 7,"`•.�: � �
<br /> �T�?' . ' ob5ga8on so&aUsnadeBottowevr sha�ll pay any reemdationBeosta�a sueeessor in interesL the Urust deed and�eo nuio or othar ovldGnce ut�tNe � '
<br /> 1'
<br /> ;:�,:.,, ,,.:;:,:'.;:",: : : .. �:
<br /> �;+:. , 21.Sueeasao�Trwtas. LenQer, at LenQePe opUon, maY remove Tmstea and appotnt a succossor uuatee by flrat, mailing a copy of�tho :�
<br /> �r , • su6atltuUon oi trastoe as reQuited by appUeabte law,and then,by fillns ths substituUon of trustee for recard in the oNiee of the rag3stor ot d�eds ; , +
<br /> �; � • " � o!eaeh eouniy in whieA tho vust propsrty,or somopart theraof,is srtuated.Ths successor trustee,wtthout convoyanee ot the proyarty,shail ; :t
<br /> �;� , � sueeeod to e0 the power,QWea,auttsority and tiUe oi the Trustoe namad in the deed of trust and of any successar trustee. {' ��'
<br /> K � •_
<br /> • � ' ,�.
<br /> ' ' t
<br />���.�' � - . . . � .�� _I
<br /> �, .1�'_
<br /> lli. . � . '.�'.
<br /> -- _ . •.. . .:r-
<br /> �' ' '' i:s.. ,.,
<br /> - . :f7
<br /> . . �POBe 2 0l?I . ;t`
<br /> • � � - BANKERS SYSTEM9.INC..ST.CIOUD.MN 8830111-BOOJ97-Y.i611 iDHN OCV•MT6HE 811991 ` /�
<br />- ` `4
<br /> 't',e . ..'—_ y,:._ � 1..-___--_—Yi-
<br />. - ._ --- - - --,;-
<br /> • t
<br />�.: .. i . -. � • . . '�,�.
<br /> . r.
<br /> i !:
<br /> . •
<br /> , . -- - - - - � --
<br />� .:. �__.._._�___-_.��_,�......�,_...�.,-_�..�_.._.. ______._._.._.. .-._ - :,.�., � . - �i�.
<br /> �.�i��.�
<br /> . . . . . . � '_;.--:.�..-V.-•-°--"-�,------ . ''''__"'.. _ - . . . ._'_..'-T�_._._- . i
<br /> ,. ,....�. .`..�- -.'t
<br />
|