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<br /> L. Notwithstanding any of the lAny�ux�e contntnal in thie Iked of Trust to tt�e contrary,the terma of thin section eh�ll _
<br /> survive�ny forecloaure or satiefacdon of thts Deed of Trost regardles��f any passage of tltle to Beneficfuy or any -
<br /> dlsposition by Bencficiuy of any or�Il of the Property. Any clalms and defrnsa tu the contruy�re hereby w�ival.
<br /> 20.CONDEMNATION.TtustQr wlll givo Ben�flcfary prompt notice of any actlon,teal or threAtrned, by priv�te or pubUc
<br /> cntities to purch�se or hke any or all of the Property,including ury wemente.thr�ough condemnuion,eminent doms�in, _
<br /> or ar�y other means.Tcuator further agree�to notify Bencflciary af any praccedinge instituted for the estebliehment of any
<br /> sewer, witer, conurvuion� ditch, dninuge, or other district relating to or binding upon thn PropCrty or sny part of it.
<br /> Trusror euth -Beaeficlary.tp,lntgrvene in Tn►stor's narne in any of the above described actions oc cl�irru uM to collect
<br /> and rer�iva � ��/:ircrl•i�aa� o claim.Tcuator assigns to Beneflciary the procads of any awud or claim
<br /> for dmanges ted w�tp�#�F��o�other taking of all or any part of tho Pmperty. S�ch procoeda shall bo
<br /> conaide�red p_ il1�6R+�p�i �+�.W���idod in thls Dad of Ttust.'Ihis assignment of proceode is subjxt to the
<br /> terms of any prTor secunty ag�ncnt.• �
<br /> 21.INS[1RANCE.Trustor agreea to m�iwtain inaurince us followa: �
<br /> A. Tcustor shall kap the Prc�pesty insured against loas by fire,theft wd other hazards and riske reaxmably asaociatod
<br /> „rit�'s;hc�p�r!;d,±e to;tx n�ne end location.Other haza�rds and�usks m�y include,for exut�le,coveage�gainst -_
<br /> loss due to floods or flaa�inr. This insurance shall be maintsi�l in the ar►wunte ancl �or tiie penods iwi
<br />-� Beneficiary requires. 'Il�e in5vrance carrier providing the insuranoe shall b� chosen by Trustor subject to
<br /> Beneficisry's approval, which shall not be unreasonably withheid. If Trustor faile to maintain the c�verage
<br /> dcscribod above, Beneficiary may, at Beneftciary's option, obtain coverage to pmtect Beaeficiuy's dghts in the
<br /> �roperty eccording to tht t^rms of this I?eed of Tns[.
<br /> Al] inaurance policies and renew�ls shall be acceptable to Beneficiary end shall include R standnrd "m�cegaEe
<br /> clause" and, where applicxfile, "beneticiery loss payee clause." Tzuator shall immediately natify Beneficluy of
<br /> cpc�cellxtion or termination of the insuruue. Beneficiazy ehall have the rlght to hold the policiea and renewele. If
<br /> Beneficixry requirp, Tcustor sh�ll immodiately give to Beneflciary all reccipte of p�id premlums utd rawwd
<br /> notias. Upon loas, Tn�stor sb�ll glve immediuc notice m the lnsurancB carrler and Beneficiuy. Beneftciary uuy
<br /> make proaf of loss if not mAde imittaliately by Ttuetor.
<br /> Unies�Beneficiary and Trustor oth�nvise agree in writing, inaurance groceeds shall be zpplied to nstontio�or
<br /> npair of the Property damnged if tde itistoration or repair is economically feasible ead Beneficipry's security i�not
<br /> lessened. If the reatoration or repur ie not economically feasible or Beneficisuy's aecurity would be leaxtatd, tLe
<br /> insurance procada shell bc applied to the Socuced Debt,whether or not tl►en due,with any etcees pai�to TYaetor.
<br /> lf Truator ab�odons the Prope�ty�or doea not ans�ver wiihin 3a�iuyn u uatic�Ysm.r."n;.fcci:ry ihat s�:i���r:x�
<br /> cutier 6as offered to settle a clpim, then Beaeficiary may collect the insuraacx procads•Beneficiary mxy use tLe
<br /> � proceeds to rep�ir or restore thc Propaty or to pay the Secured Deb!wlnther ar not thea duc.'Ibe 30�day pBriod
<br /> will bntin whea the notice ie given.
<br /> Unleas Beneficiary�nd Trustor othcrwise egree in wrlting,any�pplicstion of procceda to prinoipai shall not extend
<br /> or postpona the duc dau o�f schodulal paymente or chNUge thc emount of the paymenta. If the Anperty is aoqt�ired
<br /> by Beneficiary,Tnuror's rlght to any insurence policies and proceeds resulting from dacnag�to the Prnpecty befure
<br /> the Acquisition shall pass to Beneficisry to the extent of the Secured Debt immediately before the acquiaidon.
<br /> B. Tn�stor agras to maiatain comprehenelve geacral liability insunmce naming Beneficiary as an addittonil insurod in
<br /> an uaount acceptabla to Beneficiuy, insuring againat clai�ns arising from aay aceident or occiuraxe in or on tl�se
<br /> C, �agt+oes to malntein reat�l loss or business intaruption insuru�ce,u ra{uired by Ba�e6ciary.in m�nn4unt
<br /> -. equel to at ieaat covecage of one year's debt servlcx. wud roquired cscrow account depo.iiW(if�grad to xparatcly
<br /> in wrldng),under a form of policy accepuble to Ba►eficiuy. _._
<br /> 2Z.NO ESCROW�'OA TAXES AND INS[JRANCE. Unlaa otherwise provided in a separate egreemeat. 'hustor will aot =-
<br /> be requlced w pay to Beneficiary fiuida for taxes and Insurance in escrow.
<br /> 23.FYNANCYAL REPORT'S AND ADDITIONAL DOCIJMEtV7'S• 'Pn�stor will providc to Bcueficiary upon roqueat. �u►y
<br /> financid st�tement or infocmxtion Beneficiaty rniy deetn nec�sary. Trusror wur�nts that�il financial suuema►ta +�1
<br /> inforn�atioa Tcustor provida+ to Beneflciary are, or will be, accur�ce. wme�t, and complete. Tivstor agroca to eign,
<br /> deliver. end file a�Heaeficiuy may reasonebly requeat�ny addition�J documeacs or catiflcationa that Beaefici�}r may
<br /> wnsidet necesaary to perfcct,coatinue,�ad pre�erve Trustor's obligations under this Deod of Trast uid Beaeficiuy's lien
<br /> • statua on the Propeny. �f Tiustor fails to do so,Beaeficiuy may sign,ddiver,u►d file such documeata or axtificstes ia
<br /> Trusror'e aame and Trustor hereby irrevocably appointa Benoficinry or Beaeficluy's agent as �ttorney in f�ct to do�tbe
<br /> ; things nx,eas�ry to comply with thie secdon. _
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<br /> 24.JOIIVT AND IIVDIVIDUAL LIABO.IT'Y;CO,SIGNERS; SUCCESSORS AND A5SIGN6 BOLJND. All duties under
<br /> t6te Deed of Txust are joint and individual. If Trustor signs thia Deod�f Tntst but does not eign tbe Evideoce of Debt,
<br /> - Tcustor dod so only to mortgage T�vstor's interest In the Property ro �ecucr payment of the Secuied Debt and'1'rustor
<br /> � dces not agra to bo personally liable on the Secucrd Debt. Tcustor agtres that Bemficiary and any party to tbie Deed of
<br /> - Trust may extend, modify or malce any chenge in thc terma of thie Dced of Tcust or the Evidence of Debt without
<br />- . Trusror's oonsent.Such a chunge will not release Trustor from the tem�s of this Deed of Trust. The dutics end bencflts of
<br /> - this Deed of Tcust shall bind end benefit the suoassore and assigaa of Trustor and Beaeficiazy.
<br /> - If this Doed of Trust secures n guaranry between Beneficiary and Truaror gnd does not direcdy secure the oblig�tiun which
<br /> � is gueranried,Trustor agras to waive any rlghts thet may p�+event Beaeficiary from bringing any xtion or claim ag�inst
<br /> � Trustor or anv partY indebted under the obligatioa including,but not limited to,aati-deficlency or onaaction laws.
<br />� Z5.API"LICAHL� LA,W; SEVEY2AAII.TI'Y; �l'1'ERPRCI'A'd'd�N. 'Ihis D�d of'Ihist is govemed by the lawa of tho =
<br /> ' juriadiction in which Benaficiary is located,except to die extent othenvise required by the laws of the Jurisdictton whert
<br />-- the Property is located.This Dad of Tivst is completc and fully integrated. '[his Deod of'IYust may not be uneadod or
<br />-� modifial by oral agreement. Any section or clause in this bea!of Trust, attxhments, or any agn�neat relatcd to the
<br /> ' Secund Debt that coaflicta withapplicable law will not be effective, untess thet l�w expnssly oc impliodly pernuts the
<br /> �V vadations by written agrament. If eny section or clause of this Deod of Trust cannot be enforad acoording co its temu,
<br /> that sectlou or clause will be several and will not af6oct the rnforceability of the mnalnder of this Deed of Teust.
<br />.'� Whenever u.aed, t6e singul�r sh�ll include the plural and the plurel the singular.'Che cxptions Aad hexlings nf the sections
<br /> of this Deed of Trust are for convmience only and are not to be used to interpret or define the tertna of this Deod of Tcust.
<br /> Time is of the essence In this Dad of Trust. . . ; prp�6 0/6 _
<br /> p 189]BW�M�6Y�tMn�.�nc..St.Cloud.MN 11•l00�7i7•27411 Fam AGVCO�bT�NE 70/JOlp7
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