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<br /> COV�Nl1NT� g?rw '����s
<br /> 1, P�ymmt�. Borrowsr �yn�� to m�ke �II paYm�nt� cn th� ��cur�d d�bt �I�d fi�ret�ta en��emounti eorrowe�owii on tMtiicuriA dibi
<br /> p�ym�nte Lsndar renivn tram Borrowar or for Borrow�r'� t»n�fit will be �pp Y ..,.
<br /> not r�duce orixcwt��nyitchidulad p�VmmttuntN thiriwur�0 deabi i paid In tulf�I a�p�Ym�nt o1 th���currd d�bl occu►�for�ny rsaton,it wNl —
<br /> 2.d�kn�Apafn�i Tltl�. FbrrcwK wIN p�y�N t�x��,ut�um�n4�, md otfNr ch�rp�f utrlbut�bt�to th�proputy wh�n due rnd wfll dcf�nd tltl�
<br /> diti�i��whlch�BOrrowir may hiw ipiMit pKtlii�wtwt w PN labar�or mi,irliti to imaovi o�Ymilntiln 1h�r�preM,ry��Ipn any ripht�,cl�ima or _
<br /> 8, kuw�ne�. Borrow�r wIN kap tM pro�ty Imw�d undar t�rm��cc�pt�bi�to L�nd�r �t BarowN'o�xpm��and fa L�r�dK'� b�n�fit,All
<br /> Incwrnca pollcl�s =h:11 Inciudo a ctendr.rrl mort rrQe clnu�e In levor of l�nd�r.Under will b�nam�d e�lot�p�Y��o���t�Intur�d on�ny�uch
<br /> a to tM a�c�ixid d�bt"If li��iquks�mmo�rtp�0i int�u�r�nci�Borrowirr�pr�ii to milntNntiuch Iniwinci ta i�lonp ii L�nd�r riqukii�����tY �:
<br /> ♦,prop�rty.BorrowH will k��p tM prop�rty in pood condltlon�nd mek��II np�►r�r���on�bty nec�sony,
<br /> 6.Exp�n�.Borroxw aOrN�to p�V�11 l.end�r'��xt»n��� Includln0 r�uornbl��ttansys'f���,ii Bonow�r bn�k��ny cownant�fn thl�dNd
<br /> oi trust or In�ny odqatlon s�cund by thl�dNd of tru�t.llorrow�r wfll pnV that�amountt to L�ixl�r�e provid�d In Cov�mnt 8 of thl�d�f of
<br /> truat.
<br /> 6.pr{o�S�y InqrMb.Unl�t�Borro►vu+fkat obtalns Under'e written coneent, &xrow�r will not m�k�a permit�ny Ch�np��to�ny prlor
<br /> 6�curhy Int�•`{�- Bor�owK w1N p�r}orm�U of Borrow�r'� oblFy�tbn� und�r�ny prbr mortp�W� d�ed of trust or otha s�c�x�ty �prMawnt,
<br /> includlnp Bonow�r't cownant�to m�ke p�yrt»nt�wMn dw.
<br /> �.��a}qMt�md Ikoliti.Borrower�sslpns to LendN tM rsntl�nd profit�of tM prop�rtY•Unl�st Btirrow�r end L�r�t Mw p���d
<br /> otMr I�wrkirp,Bort�wu may ealkot ��d ntrin tFN r�nts�� bnp es Borrow�r la not In d�tauR.t} 8orrowM d�f�ult�,L�ndK, L�rd�'•
<br /> i�ppNid�fint t the�st�o Pmanapfnmp t�Mt prop�irtY.Includi n�p courtpcoin�ittans�cfe�is t comml�:io��to rnntal�q�nb�an�d��y olthbwr
<br /> rnauary nlat�d�xp��u��.TM nma�riuq�mount of nnt�will tMn�ppiY to MYm�nt�on th�s�cund d�bt�t provid�d In Cownant 1.
<br /> e.L���•���%p��d unk pw�lop�Nnp'k3orrow�r•pre�s tn comply wlth the provltbns ot�ny Na��it thfs d��d ot truit I�o0
<br /> a leu�hold. (l this d��d o}ttust ie on�unit In a condominium or r plaiutied unit devatapment. Borrower will�form all of Borrovwr'�dutFa�
<br /> urxNr tM cov�nant�,by�l�wa,a rapul�tions ot th�condominium or planned u�it development.
<br /> y.A�q�ky of L��m��faen}or 8orrowM. If Borroww taih to Mrfo►m�ny of Bwrovwr'� duNa urd�► tht�d�ad of uust. 4e�may
<br /> ��trucllon o�i+t�h ap�op�rty i�dis tcontinu�a not c�Md,on in i i��mi�x�,L��d�r may d�wha�wr ii nuac iseY�P���.e�i
<br /> s�ky IntKat in tl� P���Y.Thl�may IrsckKN cortipbtx+0 tM c�nstruetbn.
<br /> 1.anci�r'�f�ilun to p�rforcn wiN not pnck�M Lu►da from exaciship�ny af It�otMr riphts under th�law a thb dNd of trwt.
<br /> intl wi��ar�intas►Mbt�om t�Mtdati�of tt►e pa�ym�nt un ilitpY�ld in tull�t*tM Irsitistaiti iniNi�on t4 i s�icu►u�d dib��t�wiN b�d�w on d��'�d
<br /> �p, pNwlt�nd �ceM�►Nfoe�,If BorrovvK i�fls to maks My paym�nt when due a brs�ks �ny cow�antt umfx thia deed of Vust a�nY
<br /> d�bmaan�d fmm�dia�tip�tYmmt�ind may ismroke tM p�wK ofrtial�i an�d in�y oihir i�tm�dN��mitt�d byN`.ppNc.�eb law��of tM s�eur�d d�bt Md
<br /> �!,g.��..s�,,.wn�te.ef D�hdt.It Is Mrahv nquesteJ that cophs of Ms notic�s of det�utt snd��k b�a�t to ach ps►�on who fs a p+rty
<br /> hento,�t tfie�ildrMS of��ch tuCh p�rson,��sst fath t�e�n.
<br /> 12,►owK of l�M,If tM L�nda invoke�th�pow�r of ul�,tM Truste��hall ikst nead in tM offic�of tM r�pist�t of d�of Ndt countY
<br /> wMrein ths trust proP�rtY o►wrrw Pa�t o►Pxc�l tMrwf li situat�d a�otic�of defwk aoMamkq tfie iniorm�tbn nquk�d by luw.Th�TnuLw
<br /> ah�ll also mafl copNs of th�notic�of d�twh to th�Borrow�r,to��ch p�►son vrho is�party fi�reto, �nd to otMr p�rwnt+spns�*N»d by
<br /> �ppNcabN I�w. Na I�t�than or�momh aRK thr TrustN rscords t�r►otic� of Nf�uk ar twa morntu it th�trust propKtY i�not in�ny
<br /> tncorporat�d city avilip�and I�u�ed In f�►mi�p op�t�tioru cu�i�d on by th�trusta,tM'FrustN shaM piw P�Wic not1G of ni�to th�prw�
<br /> and M tM msrnwr prescribad bY��pppf:a�bfa law.Truatec�,�vitleout ckm*_ntl o�Borrow�r,thaM�dl tM ptopMy�t public�uadon to tne Nplw�st
<br /> �,�{�eQ�k�d by tM Farm HorrNate�d Prot�otion Act,Trustes shall oNer tM pro�y In two aW►ate�N�t�s nquk�d by af�cabM{�w•
<br /> L r�xJt�~►«�'rtaY d�iii�i m�iY P�a1�M���Y t�y�bY P�Wfo�nnax►c�rtNbt�t tM tims Md P��u of my pnvio��N scfMduNd��N,
<br /> Upon r�cNpt o�f p�ym snt ot tM price bid,Tru�ts�sha11 deliver to the pvrcha�sr Trustss'�d�sd conveYin�th�P�aP�Y•TM ncia�ls contsk�d M
<br /> TruttN'�d�tl shN b�prkn�f�ck evfdia►c�of tM truth of tM sUtem�nta ContNn�d thwdn.Trust�a shall�pply tha procs�d�of tM saN In tM
<br /> foNowinp ad�r: 1�I to�II exp�nu� of tM �aN, inctud�np, but not Ilmitsd to, nssombls Trust��'s feu, re�sonabls anomeY'� t� •^d
<br /> ninstat�nt fM�;Ib)to�11 tums�w�xed by thi�d��d of trust,�nd(o)tha b�la�c�,if any,to ths peaonc IyaMY entkl�d to racsiw+k.
<br /> 73,Foadowin. At L�ndK'�optbn,thi�d��d o}t�uat may be toreclond in the manMr provido by spplicabl�Isw!or foncb�ur�of mortppn
<br /> on real proQKty.
<br /> ca4uai fa�L�nd�r'ibsp�ction nter the poperty to Inapsct it ft Under qlvea 8orrower notic� b�taehand.Th�notic�must stats the reuonabN
<br /> 16,Cond�riMip�&ovow�r usIyn�to Lend�r tthproc�eda of�ny�wKd a clakn ia damspss co�x�sct�d wlth�condemn.tbn or oth�r takinl
<br /> o}�a�ny pr.rt oT ttie prop�►t1r.8uch poasds will be epplied�e provldsd in Cevenent 1.Thls n�iprr.��t is subJ�ct to the t�rm�of x�y priar
<br /> securitY WrNmsnt.
<br /> 1d,Wi1wr.By exucisinp any ram�dy�wflable to L�ndK,Ls�dar dona not piw up�n�;�+1a f��it�`y oth�►��m�Y•BY�t sxerdsinp
<br /> �mr romedy upon 8orrow�r'�d�fauk,Lendar do�a not w�►w�ny ripAx Ro I�t�r conakHr n�PP�
<br /> 17. JaNit �nd Snw'al LhbMty�C°'�b►�t�; 8uceasou�nd A�Mpn� boued. All dutks undsr tM� dNd of ttust u��int�nd s�vKal. Any
<br /> garpywr who catlprN thl� d of trust but dws not co-slqn the undKIyin0 debt Inttrumsntls) doo�so on�y to prant�r+d conwy ttut
<br /> Borcowa's Intsr�tt In tM prop�Ky to tM Trustea undsr tM tsrm{�s of thlt dNd of trwt.In�dditbn,such a Borrower aqtees tfiat tM Ler+dK eMl
<br /> - dWt wl�thout tt�t Bor�owKti codrue t snd without re�s an0 that�or rovwr t�om tM tirmi o�f�i da�ed of bu t mia desd of trust or tM e�cu�ed
<br /> TM dutMs�nd Wirfit�of thle deed ot trust�h�lt bind�nd beneftt tt»succ�stws and�s+lpns of Lender�nd Borrowe.
<br /> 1L.Notle�.Unlsn�otMrwis�rsqulrsd by law.any notice to Borrowor shdl be pfven by dNl�erinp ft or by m�iling k by certitled maU�ddnasd to
<br /> Borrowe at tM poD�tV add►ess w�ny othe�addtets that Borrowsr htt Iven to Ler�r. Borrower will piw�ny notles tu Lsnd�r by aKiii�ed
<br /> �' b�ient to�deriesddn��ii st�ed on�pags i of'thfs doaA of Vu tt���ra�r whlch Lender has deslpn�ted.Any othsr notic�to LandK a6lall
<br /> , Any natks sh�ll b de�m�d to haw twtm fllvan to Barrow�r or Lender when plvan In the manrwr cuated above.
<br /> 19.TatMt�r of tl�Ptop�rty a�s�fld�1�t�et in tM�o�tow�r. It dl or any pirt of the p►opert ebt.eny fntersst fn tt(s�old a tr�nsfsrnd
<br /> wlthq�t Lend�r•�prfor writt�n eontsnt, Lerd�r may cNm�nd imm�dl�u psyment of tM socure0 d Lender may utso dem�nd imm�diat�
<br /> demandtpeYmen�h�tM�bow situatbni if tt 1�prohib'a�by fedenl I�w is of the d�8e of this daid of t�rustensfxred.Howevsr. Lend�r m�y not
<br /> 20.R�eonwyana.�Nhen the oDllpatlon s�cured by thl�deed of trust h�s been p�ld end Lender haa no furtMr obllpetion to maka adwnce�
<br /> und�►2he Initrum�nt�aepr�sm�nt� seeured by thls desd of Vus4 tlx 7ruate�sh�lf,upon vrrliten requert by the Lender,raconvey the t�uit
<br /> � proper¢y.The Lend�r�hdl deliver to th�Barower,or to 8orrower'� aucceasor In Interest,the tn�at deed end the note or other evfdencs of the
<br /> nhltaatbn au astltfled.Borrower�hall p�y any rscordation cost�.
<br /> 21. Succ��sa TNStN. Lendor, at Lender'� optlan, mey remove Truttee and appolnt e euccussor trustse by 8ret, malllnq a Copy of tM =
<br />— substitutton of tru�tee ea requtred by sppllcable law,�nd then,bV tilfnp ths substltutlon of trustee tor rocord In the oNice of the replater of deedt _
<br /> succeed to ell thepower tdutleasa�haltnjrYend titts oft,he Trustee nemed In the deed of trust and ot any�succeasor�trustee.of the property,sholl �
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<br /> EANKERS BYSTEMS.HC�. 6T.CLOW.MN 66�01 11•800��97•1]411 iOAM OCI'�MT6NE ElIS91
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