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<br /> �, All fi►tore advnncra trom &neflciary tu Trustor or �tber ftuurc oblig�tion�of Truator to 9rneficlery undcr�ny
<br /> pmtNtwry note, contr�ct. Quar�nty,nr oth�r cvidenc;c of debt cxiFting naw or cxecuted after thie Uad of'hust
<br /> whethe�nr not thii Dad of Truet ie t{xcific,�qy rcferrod to in the evldCncc of debt.
<br /> C. All ahHgRtlutu Tru�tor owea to Besxfici�ry, which naw exict or mny I�ter nri�e, ta the extent not prohibitod by
<br /> I�w, inaludlna, but not IiMtai to, Il�bilitie� for overclr�Ra relating to rny de�x►sit accaunt agreement betwcxn
<br /> '1'nutar�nd&neflci�ry,
<br /> D. All addiNon�l sum��civu�ad�nd cx�ces incurrod by Bencflci�ry far in4uring,preocrving or othCrwise protxting
<br /> the ['ropeny and iti vdue u�d�ny other surtLS�dvRncod�nd Cxpc��re�i��ci►rr�l hy aei�ePiclary under the terms of
<br /> thl� Dad af 7'nut, plut interrst �t Ihc higbest r�to in eflect, fmm tlme to time, iu providod in the Bvidaxx of
<br /> Debt.
<br /> 8, Trustar'a perfomw�ce undc�the temu of�ny insttument evidencing�debt by Trustor to Beneficiiuy And�ny Ik�od
<br /> of Truat�ecuring,guu�ntying.or othnwisc rel�ting ta the debt.
<br /> If morr then one�c►n signe tMt Dad of Truat�s TnuMr, ex:h 7Yustor�groa that this Deed of Trust will sa�ure all
<br /> futun adv+�aoes�nd fumro obll��tioa�descdbed Abova thu uo given to or incurrod by�ny one or more Truaor, or sny
<br /> one or more Tnutor and olhen.This Ueed of Tnist will iwt aocure u�y othor debt if Ikneficluy f�il�,with respxt to such
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<br /> UU�iI�GYI� lTi UMN►V Iu1i j�u�ws��LwVil�air ww��t�sao rw.l�f f ..�j f.�!_sa ble�c an, �u�2R:�flli�7 _.
<br /> the dght of rescis�lon. '
<br /> S. PAYMENTS.Tructor�groa to imlce dl p�yments on tho Secutod Lkbt when due uid in s�ccordu►a with the ter�of the
<br /> Svidux�o of Debt or thie Uoed of'hust.
<br /> 6. WARRANTY OF TI'17.E. Tntstor covrn�nts thu Tiustor ic lewfully seized of the estue conveyed by thie.Dad of Tivat
<br /> ux!hu tLe dght to irrevocably grant.convey and sell to'Itustce, in ttust,with power of sale. the Property and wmm�ta
<br /> that the Property is una�cumbered,except for encumbruwes of recotd.
<br /> 7. CLAIIISS AGAINST TlTi.�.Ttustar will pay aU taua,sssessmenw,liens. c�ncumbranas,leaso payments,grouad Knn,
<br /> utitides.u�d other chnrgee nl�tiag to the Propetty when due. Beneficfuy auy roquin Tcustar to pmvide to Ba�eficiary
<br /> ooples of nll aotices thu such unounta are due And thc raxipte evidrncing'I'nutor'e pxyment. 'IY�ustor will defead dde to
<br /> the property�g�inst�ny cl4inn ttut would impair the llen of this Deed of Tcust.Tcustor agrors to assign to Beneficiuy. as
<br /> roqueated by Ba�eficiary, any rlghts,.cl�irm or defansea whlch Tcuator rrsay have ag�inat pyutiq who supply labor or
<br /> mr�tM�ls to impmve or miint�ia the Ptoperty.
<br /> 8. PRIOR SEC[JRITY INTERESTS. With rcgerd to �ny oWcr martgAgo,deod ot uuat, sxuriry agroan�ni or oilicr iiru
<br /> document thu crcatcd a prior ae�urlty intarest or encumbrance on the Property And thu may have priority over thie Deod
<br /> of Tcust,Tcuator agroes: �
<br /> A. To meke all paymeata whea duo and to pedorcn or oomply with nll covenanu.
<br /> B. To promptly deliver to Beneflciary any norices ttut'l'rustor ncerva trom cne noider.
<br /> C. Not to m�lce or pertnit eny moclification or extenslon of,and not to roquest or accept any fl�ture adv�nw�es ium�l��:any
<br /> note or agreanent secu�ed by.the other mortgege, dced of trust or securiry agoeemCnt unlesa Beaefi�iac7r��rr,zats
<br /> in wrlHng.
<br /> 9. DUE ON SAI.E OR E1VCiJMBRANCE.&neRciary may,at its opNon,declue the entire b�lana of the Securod Debt to
<br /> be imrr�edixtcly due and pay�ble upon the cnatlon of aay lien,rncumbr+nce,transfer,or sale, or contract for�ny of thae
<br /> on the I'rope�ty. However, if the Property lncludes Tcustor's resldeace, this sectlon shall be subject to the remictiana
<br /> Imposed by federnl law(12 C.F.R.591), aa applicuble.Por the p�uposes of this saxion,the term"Prope�ty"also inclada
<br /> arry intaest to al)or�ny part of the Property.'I'lile covenant sh�ll run wxr,��t�he Pcoperty and shall remtin in effect until the
<br /> Stcured DeDt is paid in full and this Dad of Tr�st is released.
<br /> 10,TRAT�SFER OF AN INTEiIEST II�i TAE GRANTOR. lf Tcustor Is an rntity other thm a natnral person(such as�
<br /> corporadon or other orgaaizuion), Beneficiuy may dans��immediate p�ymeat if(1) n benefictal interest in Tcuator is
<br /> sold or transferred; (2)then is x chnnge in ea'�l�xr the idchtiry or number of cnembets of a pa�inership; or(3) there is a
<br /> - change in ownership of mon than 25 pexotnt mc ti�e votin�stuck of a cotporation.EU�aR�ever,Benefici��r may not demarxl
<br /> payment ia the tbove situatioaa if it is prohib3ec��,�law a9�f the dste of thie Dad o�'�st.
<br /> il.E1VT['1'Y WARRAIVTIES AhIID AEPRF.SEIVTATIONS, llff Trusror is aa entity�ortErcr n�n a natural persou(s��:�a
<br /> coiporation or.attrer orgmizYinn), T�ustor makes to BeutSi�isuy tUe following w�ma�tics and repre�a►tatioag whi�,:�wll
<br /> (�e contiauiE�a�=r 9,ng as the Securod Dabt remains outstAnding:
<br /> A. Tivstor as an endty which is duly organized snd valldly ea3sting iu the Trustor's atate of inoorpocatlon (or
<br /> organization). T�ustot is in goad sUnding in all statxs ln whlch Ttustor traasacts bueiness.ltustor tus the pavver
<br /> ' �nd euthurity to own the Prnperty end to carry aa�n its business as now being conducted ead, as applictble. Is
<br /> • qualifiod to do so[n ach statc in wWch'lYustor opccs�ta.
<br /> B. 'tbe exxution, delivay u�d perform�nce of this Dood of Tcust by Trustar and We obligation evideooed'by tLe
<br /> Bvidence of Dcbt ace within the �wer of Tnutor, havc been duly suthoriuxl, have received �ll aaxssaty
<br /> - governmental approv�l, and wil��t i�a'�atx any pmvision of law,or order of c9urt or governnxntal agency.
<br /> C. Other than disclosed in writing Tnistot has nnt�.*�inged its name within the 1�ast tcn years and ha9 not�as�d aay
<br /> other trade or fictitious n�me.Without Beaeflc�ar�"s.pxior writtrn conseat.Tcu3tor does not and will nc�t t�se any
<br /> otber�ame and wilt preserve its eaisting aame,trade n�mes aad fra�hises until the SecU�d cA�b��q=fa�-
<br /> 12.I'A01'ERTY CONDIT[ON,tiLTERATIONS AND INSP'ECl'IO�1. 'L't~JStor will keep We Propc�ty in goa! condition
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<br /> �]IO fl3arC All PCpl1['6 IIIaL 82C iC850Ila0lj�MT.CSSeIy. i rusivr wiii j�ivc na�ca���my Nivuyn uvi►w va w:� .v�... ..a.•�g.....
<br /> citie Property.Tcwtur will k� �he Pcoperry frcc of aoziaus we�ls aad gra.:ses.Tcustor::�ill not initiatr,join in or consrnt
<br /> - to any change in any privoto ratrictive covenant. zoning ordinwa or other public or private res:riction limitiag csr
<br />_- defiaing ihc uses which inay be made of the PropeRy or any part of the Property, without Beneficiar��'s prior writtea
<br />— cotumt. Trustor will notify Baxficiary of all decn�nds, proceedinge, claims, md Actions�gatnst'I`iustor or any otha
<br />-= owner made under law or ngulation rcgaiding use. ownership and occup�►icy of the Prope�tiy.'Itusror wtll compiy with�11
<br />_= log� requirertxnts and resufctionc. whether public or private,with nspect tu the uso of the Ptoperty.Trustor also agrees
<br /> - that the nature of the occup�ncy and use will not chaage without BeneficlAry's prior written consent.
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<br /> � Yo portion of the Property will be renwved, demolished ur m�terially altered without Beneficiary's prior writttn coc�sa►t
<br />- exapt that Trustor has the dght to remove ite�t�s of personal property ootr�rising a put of the Property that become wom
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<br /> � • � m 199�Ew+k�n Srst«nt,�nc.St.Cloud.NN Il�l00�]97•23411 Fam AGICPDT�NE 10f30197 �
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