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<br /> � � �, p�ymKM, Bormwer apr�nn tn make �li prymnntR nn tM ��cwed d�bt wFwn du�. UnNt� Borrow�r md l.end�r apre� ot erwss, �ny __-
<br /> p�ymente lendar r�oelunn 1r�rm Borrower or 1nr florrownr'• b�nefit will b�eppllad 11r�t to �ny amountt Borrower owea on the secured debt `._
<br /> �xelutwa o}Intore�t or pdor.ipo6 ooeand to intarort,nnd thnn to prineiRel.If psrtiel prop�ymant of the seeurod debt oecuro for eny ro�eon, It wNl E_ .
<br /> not reduco or sxcue�enq er.h�dulAd payment unt0 t�w ancund debt I�pNd in full. • _
<br /> � � 2.CWm�ApMn�at Tftla.B�rrr�wor wlll pay all inxao,etna�am�nt�, snd�ther ch�rp���ttrIbutable to tFie property when due�nd wil!det�nd tltle --
<br /> ' de}entsi whlah�Bnt�►nwor mev hava npalnft pf.rtinpr,vT�o`OUpply/abor o�r miterlalf to Imp a e orYmalnt�n therproFertye�elpn any ripht�,claim�or �_.
<br /> 0 �'�
<br /> � 3.Irtwnnc�. Barrowor wlll k�np the property InvureA und�r term��ccopt�bl�to Lende�at Borrower'�expeme end icr Lender's benofit,All
<br /> • Inturence pallalea sSiall Inaiudn e etenderd mon�lenn elnunn In f�Nat of Lsndsr.Lender will be named et loeo payee or aa the insured on any euah -_-
<br /> 4� � in:uronco qoticy.l�,��U Inauronaa procaed�mn1�tro np�Ilnd.within Lender'�dl�cretlon,to either the reatarotlon or repair of the dameped property �?'
<br /> or ta th�aacursd diiht.If lendar requiree mortprpn Inu�rnnc�,Borrower�prses to ma�ntatn such inaurence for as long eo Lender requirac.
<br /> �'� 4.PropKty.Borrq�vnr wfll kenp the property in�nad canditlan and meke all repairs rsasonably neceeiary. -^
<br /> �+r+�� 6.Exp�nw�.Barrnwnr apreoe to pay ell Londnr's exponAns,InctudlnQ reatoneb!e attornoy�'fee�, if Borrower breaks any covenants in thfs deed _
<br /> •� .;�r�� of truct or In sn��nb11pn1lon encured by thia Annd o1 trurrt.f3orrowsr witl�ay the�e amountt to Lender as provlded In Covenant 9 of thit deed of
<br />- � trust. _
<br /> ;.,� I 8.P�lor S�curitV Intnro�t�•Untoea Borrower flr6t oGtelnn I.ender'�written consent, Borrower wfll not make or permit any chenpes to any p�lor _
<br /> i � securlty Intoreatu. Barrowor will per(orm ell oi Rottawnr'c obligation� under any prior mortflage, deed of trust or oiher security agreement, __ _
<br /> includinp Borrawnr'm oovonents to make paymnnta whon due.
<br /> 7.As�t t Eif F�enta�nd ProRt�.Bwrowor assipns tn I.ender the rentn and profita of tho property. Uniesa Borrower and lender have agread -_
<br /> otherwso In wYrtinp, Borrowor may collnnt E�.�1 rotein tho ronts as lony ss Barrower !s not In dotauR. It Bonower defaults, Lendar,l.ender's _
<br /> r'��• apant, or e court nppointad recefver mey tni:a passnaulon and memye thn property and callect the renta. Any rants Lender collects shall be _:
<br /> ' ;;� ppplied firet to rim conto of manapinp thA pra,perty, Inr.ludiny caurt cocts nnd atto►noys' teea, commiseions to rental agenta,and any othar -:�::
<br />;.;.�� • , nacaesary reletod expunsas.The romaining amouM of roMa wlll then apply to peymonts on tho eecured dobt as provided in Covonant 1. :T��;:
<br /> ..'� ��.
<br /> 8,G�q�holdr Condaminiuma:Plann�d Unit OuvdapmrntU.Borrower a9reea to compIy with the provisiont of any leasa if thfa deed of trust ia on -
<br /> ' , under the�co ena�nta byIpwpruor rep lu ationa�ot tho candominlum or pianne�unit devetopm8�int, Rorrower wiil perform ali of Borrpwer's duties i
<br />.�;^ ..
<br /> 9.Audwrity o4 L�nAMr to P�rlorm iw Bonower. If Rarrower f�ila tops rform �ny of Borrower's dutie�under thls dead of truat, Landsr may
<br /> � perform the dution ar cauae them to be performed, (,t+nd�►mny sfpn Borr�w�r'�n�ms or pry�ny�mount if necessary for peKormance. If�ny
<br /> , construotlon on tlio proporty la discontinuod or not cerried on In a ranonable rt�anner, Lender msy do wh�tever le neceeaary to protect Lender'a
<br /> �' �,. security Intere�t In the praporcy.Thl�m�y Inolude aomplatinp ths con�tructbn.
<br /> �.�....:.,
<br /> '� Lend�r's felturs m porfarm w(II not preclude l,�nttor Irnrn nx�rcf�ln�eny of ft�other riphts und�r ths I�w or thls d�ed of nust.
<br />� and wfll bii�lni�or�nt(rom tha dati of thi piyment intll pi dtla full it�tM Int�riitd iti In iff ict on ths iscurid dib4 unn will b�due on d�m�nd
<br /> s,: '
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<br />}�� E- 10. D�hult�t AeoMwNlun. II Borrowar I�I10 la m�k� eny pryment wh�n dw or bn�kt�ny c�v�mnt� undsr thl� dnd of tru�t or�ny
<br /> obllp�tbn��curml by thf�da�d o}tru�t w�ny �xlor matp�p� or de�d of tru�t, L�nd�r m•y�cc�Nr�t�tM nuturity of th� e�eund d�bt�nd
<br />_';±:.�. .� ,�. , d�mand Imm�diutn payment�nd may Invoke the power of�d��nd my otMr nm�dlos p�rmltt�d by�ppilc�bl�i�w.
<br /> �:` . .:
<br />�;{;�,;y:� 11,ppu�st}w Mutlq�of D�fwlt,it I�h�reby roq��ort�d th�t copl��oi tM notic��of default�nd ed�b�ant to e�ch �»non who I� �p�rty
<br /> " y.i�tn;wr rhn sAduu of�sah�uah aanon,eo cet forth h�rNn.
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<br /> w�.r',���+'��+"S•±' 12,powM of N�, If the L�nd�r Invok�� tlk{wwnr af ul�,th�Trwtu shs0 first ncord In tM otNc�of th�repistsr of dHd�of�ech county
<br /> "��w��� � wMrNn th�uurtt property w�om�part o�p�rool iherwf b situ�t�d�notla of d�}�ult contNMnp tt»Information rsquirsd by I�w.Th�Tru�t�a
<br />�„�;�' .�•.;r• ahNl Nw m�li aapMe of the nottce o}def�dl to tt►e Barow�r, to�ach p�rwn who is�puty hx�to, �nd to other penons at pretcribad by
<br />�;3'�"„'''�. spplkabM I�w. Nat lan than on� month elter the 7rustN ncad�tl� notic� o} d�f�ult or two morsths if the tru�t proparty Is not In�ny
<br /> - � 'y� � Incorporsted�ity o�vi►lape�nd I�uted In i�tming opar�tlorn carri�d on by th�trustor,the frutt���hall pive public notice af taN to tM p�nons
<br />—" �nd In tM mennnr pneeribed b1r��ppp9c�We I�w. f'rust��,without d�m�ncl on Borrower,shdl s�ll th�prop�rty�t publlo�uctfon to th� hlph�st
<br /> �X;:Y��: bWd�r.If rsqulred by the Farm Home�tead F�rotoatlon Act.Trurtes�hall oftsr the pro{»r�y in two sep�rats wl�a�s required by�pplicabb I�w.
<br /> a"~'� LendK oi1hi duelpnea may purohste tt�ao�ity n enyiils ny pubilo�nnoun��m�nt�t th�Um��nd placs of any prsvloutly tcMdubd t�N.
<br /> - _--=�:
<br /> ^"'`�'� Upon maipt of peVmant of the price bld,Trutton ehnll d�llver to the purchacer Truatea'�deed convsyfn0 ths property.The recftids contaln�d in
<br /> ----���r�� Trustee'�def�d oholt he prlma facle evWbnco of tt�e truth of the�t�ternents contsined tMroin.Tru�t�s ahill apply the procs�ds of tiw wis N�tM
<br /> ��_.�u.�_�a.� f�HowinO oM�ir. (a) to �II sxpemes of tM aefe, includinp, but not Ilmft�d to, re�sonabN Trwt�a's faes, rsasoruible attorney's fae� and
<br /> -----=ri� roln�tatemmt t�oo;(b)to dl ium��scured by ttd�de�d of tru�t,�nd(c)the b�b�c�,Ii any,to the persont Iepally entitlsd to receive it.
<br /> = 13.Fot�iwur�.At Lander'�optlon,thls deod of tru�t may ba foroclo�ed in the manner provide by eppOcable lauv for forociosurs ot mortppas
<br /> -' on ro�l property.
<br />-- -- — 14.In�etlon.Lendor may oMer the proporty to Intpect it If Lender�ives Borrower notl�o beforehand.The notice must ttate the rsasonable
<br /> -- c�use for L�ndur's ineper,tlon.
<br /> - 1 g,CqxlKnnatlon.Bcirrower asaiQns to L.onJnr the proceede of any eward or clefm for damepea connectod with�condemn�tion or other t�kinp
<br /> - -- of all o►�ny pnrt of thn proporty.5uch pronnods will be�pplled a�provided In Covenant 1. 7hi� a�sipnment ia aubjeat to the terms nf any prior
<br /> - sscurky�0rwmont.
<br /> - te.Wdwr.lly sxnrcl�inq eny nmedy eveillbfe to l.end�r,Lender does not pive up eny right�to leter use any other rsmsdy. By not sxercittnp
<br /> -���c' �ny rom�d��upon 8arrnwer'a default,Lenclor dos�not waive�ny ripht to late consider tho evmt�default if It h�ppens apatn.
<br /> _-= 17, JakK and B�v�rr ��y Ca�lynes�t 8uce�uas �nd As�ipns 1lound. All dutlee und�r thU dead of trust We jotnt �nd sevxal. Any
<br /> __-- -- @crro►vm xha oo-elqna thls deed of truit Uut do�s not co•slgn the underlVir►U debt Instrument(s) does so only to prmt �nd convey th�t
<br /> �— Borrower'a tntoroqt In the propariy to th4 Truates und�r tM Nrms oi this deed of trust.In addition,such s Bonowsr eprees that the lende�nd
<br />_ --- -=� my othe�qrrowar under thl�deed o}truct may�xtsnd,modifLr or make eny other cA�npet In the terms of thit deed of trust or the secured
<br /> �-----�• d�bt wkhout tlim Barrower'�conRSnt�rnl wAhout rsVaNnp thst Borrow�r i�om the terma of tMS de�d of tru�t.
<br /> __._��� The dutlet nnd 6unoflte of thi�deed o}trust ehsll bind and benefit the eucceasors e�d aselgn�of Londer and Borrower.
<br /> �;h����-� is.No1k�.Unlute otherwise roquirod Gy lew,eny notice tn 8orrower sh�ll be piven by dsliverinp it or by mallinfl It by certified m�il addreaied to
<br /> -_����� Barower at tl�e pro1�erty sddre��o► eny other eddres�thst Borrower hst piven to Lander. 6orrowar will pive any noUee to Lender by cenified
<br /> `"�;�_i,;� a mafl to L�ndur r sddrsn on pape 1 01 lhio deod of truet,or to�ny othsr eddreas which Lender has dealpnated.Any other notice to Lender shall
<br /> ���,�;,;,,� M ant to Lundor'��ddnta a�stated on p�pe 1 of thle deed of trutt.
<br /> ��.�.V��
<br /> �i Any notic��tiull be duomed to have buon glvon to Borrower o►Lender when piven In the manner steted above.
<br /> =-r;�`!i.
<br /> �-?'i,';�_, 18.TnnH�r af W�Prop�rty a�BWwfid�IMKMt M tM Botrow�r. H�II or eny p�rt of the property or any interost In it is sold flr tran�ferred
<br /> =;_���.�,.,:,; without landtlr'r prlar wdtten consont, Lender mey demand immedlete payment of the secured debt. Leiulsr may also demand Immediat� �
<br /> �"`•``;`�.�� dimi dtp,ymiM In ttx ibove situaiinm�lf it�lesprohfb tl ed by f ede al iaw as of the date of thie deed of truit°stsrred. Howaver, Lender m�y not
<br /> ;�it��
<br /> ��'a��•�:a
<br /> � ��.;�� 20.li�convtyana�.When the oblipatlon eocurod by thls dn�d af uust has been psid and Lender has no funMr oMipation to make edvancea
<br /> __�:.,, r� undw ths In�trumenb or■anemmt��scurod by thf�dsed of tru�t, the Trustee shrlf,upon written reque�t by the Lend�r,roconvey the trust
<br /> •• pro ty.Th�Lendnr�hall dellver to tM Borrower,or to Borcower'e successor In Interest, the trun deed and ths nots or other evidence of ths
<br /> �"'`� " obl�lon so��itiufled.Borrower shell pey�ny rocordetion co�ts.
<br /> s�_�
<br /> ..,•.+� .
<br /> -�'-` �*� 21. SUCC�pOt Tlt1tIN. LOtldE►, �t LOtK16f`e option, maY romove Trusive �no ap�ini o iavc6bnoi iiuiiee uy :ii6i, T�aiimy p 4V�JY 6i iim _,
<br /> ."'�"i� eubatitutlon ot 1�uurno ea requlred by epplioeble lew,end then,by flllnp the eubstitutfon af truatee for record In the oftice of the rogister of deeds _
<br /> " F ot eeol�eeuntv In which the trust property,or nome part thereof,Is titueted.The�ucceesor nuetee, without eonveyenee of the property,shell
<br /> ' � euccsed to ell tNn powor,dutfes,outhority end title of the Trustee nam�d in the deed of trust end of uny succeaior trustee. _
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<br /> . IPsye 2 0/21
<br /> � � 9ANKEIIS SYGT[M9,INC.,BT.CIOUD,MN 6E901 It•C00337•27411 FOAM OCP•MT6�NE G/19/91 _
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