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<br /> �l' .!�' � t 'r � £ ' - . - � '�'` P �. .T� `.£ � s. t ' . n.�.l_ t �.�, _.
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<br /> `'�,�."<'<,:`"'i� Bartawrer eSreea to make�ei! pg�mente ort tne 9eeure4 Qn6t when Qua. UnTasa Bnnower end lender egree otharvvtse. am► <
<br /> � 4.P�tsa�a.
<br /> _ � ��} paymente tsndar teceFvea from 6asfowet oC Tas Bot[4weYe ba�w8t vin;Df ePA�8►st ta�+f t�Re se�etao�d debt o�s ior a�ny eas�an.dR w�f �,'-=,-
<br /> .�`,. ,-I,.� eittustve o!latarest or pr(nciDa�69eond w interast.�ttd then to OrinciD$• D� Di�Y�nt '. ,
<br /> t+o t te d u e e o t e x e u s 0 e n Y e e h e d u l e 0 p n y m e►rt uMfl ths secutnd debt ta palA in tutl.
<br /> • `. 2D C�O�ns ASaIeist��Q Borr�re�r wyjuAtch wo�utd�,t empatr�tha�er��dae�d°f tr�isate 1a Qcr m y i 4�Ue 8oacwe to assign eaV deMs BtGaims as
<br /> perty �`�_`
<br /> � ��{ detances wtiteh�nrta'nrer may heve aSainst Part�ea vu�o supQiY IabaT or materiats to tmprov0 or malrrtein the proparty :
<br /> � . ,`,�� 9.tr�aana.8orrower wfl!keep tha OmFeKY fnsure0 unQar cerms aceopmbia to LenQer at BaROwers e�por�se end tar lende�e 6anetit.AII
<br /> ���p�p�g$t�gp inaudo a sterMard mortgege dause in 9avor of Londer.Lender wW be named as toaa Osl►es���e insured an erqF such ;
<br /> • • ..,.'; ����Po(t�y.qny insurar►ce proceeds may�e ap�lled.wtthtn lendm's discrcrttoM to BitAer tha resmradon ar repair a!tho Qamagad property
<br /> �.' r ` j or to tne sec�d dab�If LsnQer requires mortgago rnsurenea.Bortower a�eea to malntatn such inau►ance tar as tor�g ae Lender reQutres. :.,
<br /> _.:,�} 4.Pragtrty.Bormwer w i 1 1 k eep t h a p ro p e r t y I n B oos ear�dit[on and meke aSl rePaira reasonaDlY neoessary. . -.-
<br /> - � 6.fspanaas.Barrowersgreea to paV e1118nders e�cDensoa.Indudin8�easonaDie atfomsy$fass.t!8�owcr�ealccc+apy eavenartta in Wa deed r =
<br /> �easo
<br /> • •� of tnest ar in ony obtigation setured Oy thia daed nf truBt.6aROwer wi0 pay thesa emaur�to Lender as providad tn Covennnt 9 of Uils deed of
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<br /> • �. ..:�,� 8.Ptlar S�aRi1l��.Untess Bmrower tirat oDtair►s lendars written consenL HaROwer wUl nat mafca or permtt anY ehenSes to any prtor [
<br /> ,i seqaity irteres(s.SnrtoweS wfll Dertores�e1t of 8nr�wera obllgatiorts under eny pr[or mortgaga,deed of trust oc other securltY agreamsn�
<br />- :a induding Barrower's.covenarRs to mako O�ertta when QuB. '. .;',
<br /> .. , � 7.�ot R�nb ra�d PtofrCo.Bortower easl8tts to lendar ths ret�and profite at ti�e ProPeKN•UNess Borrower end Lender have a�ead
<br /> , ' `^ in wtiU�g,Bor[ower may�Rect and reta►n the rem8 ae long fls Borrower is rtot tn deTauit ff Borrawet detautts.Lertder,LenCee's
<br /> . � age�.or a oourt appotrtted reatvar maq tsiceDe�ti�Y�efudir�gca�urt g�end�a mmeys'�ea eamm�aj r�w�w��ageee�a�nd�e�pdser -
<br /> ° . =: aDpGed{ut�t to the eosts of managing the
<br /> . . •�„'u; necessarY rtefamd e�enses.The tema�nin9 amourt of rems w[ft then eDAh►to PaymerAS on the seciued debt as proviQed in�ovenaM 7.
<br /> • :. $ _"�..
<br /> _ 8.L�asaA�ds'Candg�durtt��PiaflAtd Unk D�vstopmeMS.6orroavar a�teea to w�Y wfth the ptovisiuns of atry lease N this deed af trust te on �' �'--
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<br /> � a teasehotd.i�tNs aead of trust is on a w�it(n a condominium or 8 0 anned unt� vatapmeM.BaROwer will pertorm a11 of Borrowafs QuUea `. -.
<br /> ' � •�.�� u n d e r t h e c o v e n a M a.b Y-I a w s.o►r e g u l e Uons ot the eondort�(nlum or pTann6d unit QevetoAmeiR. � --
<br /> �, 9.Aeeh�l o f L a n d a t o P�[o r m f a r B o r r m d e r.i t B o r r a w e r f a i t a m�sr[orm arry af Borrowo*s duUes undar tbio dee�!at�s t,le n d e r msy � _-,-
<br /> .�.?; peRartnt�duttes ar cause tl►em to�o Dertorms0.Lender may sf8n a a�+awer'a aama ar per ma��r da wtiaieve/is�i�ssarl►a� o��e� � _,
<br /> � � canstru c tl bn an t h e proPe n S l�s d����e d o r�ro t c a rt[e d a n b�a r e a s o n a L ie mannar.L$rtd
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<br /> •'� ,: �� seurriN i�arest in t�a Om�1 1•Th f s m a V i n c t u d e�m p t e t i n g t h e e onauuadon.
<br /> . _>�.:;= r c i s i of its oUis►rfSMa under t�e Eaw m this deed ot wst. �(-•'
<br /> �.� L e rt d e{s f a U u r e t o p a r t o r m w l i l n o t D r e d u d e L e n d e r n o m e x e n 9 e r�►
<br /> ' L pny amou�pald DY�nQ���a��fs sec�uity Interest wUl toe seaued bY thts deed ot Vuat.Such emourtts w1ll 6e due on demand �' —.
<br /> �-•;:,�,: and wiU bear irrterest trom the date of the D�ertt urrtii Daid tn tuii at the iMerest�ete in effect on tAe sequed debL -_
<br /> �`'' 10.O�tautt a�Aeeete�atloc�.It 8orrowet feifs t�meke sml payment when due er Oreaks anY covenaMS unQer this deed of vust a rat�y
<br /> z'' obIIgation secured by thls Qeed of uust or any pdar mortgaSs or deed af uust.Lender may eccelerete�to tew�. ���seaaed Qebt and -
<br /> — " :�,�..�.3��w�nqm�t and may imroke the qovrer of eate and s�N�r remedtes pertnttLad bY eflM • _ -
<br /> —�„—,-T. : -_
<br /> t ,. ��.��est Tor goflcs ot pafaid�R is hereby requeste0 that coDies of the noUeas of detauit and eate ba sern to eaeh Person wno�s a partv
<br /> hereto,at the address ot each eue�person,as eet tortfi herein. ..
<br /> , ' yv1��e�e uust�D DeitV or os�me Dart c*�par�l�Utereof�i's s we�d�a nnU�ct��etauR W ii��Me tn o ma�o�QuUed dY�awf Ths Tn�e �
<br /> � '� .`. e►eto.and t0 otttsr per8ons es�resCNbed hY •%
<br /> • '�•��. eheii atso maD copies of tha rtottce ot deta�dt to the Borrowe►.to eaefi person wtro is a parN� �cy r�
<br /> ��.�'�� e p pUcabTe(aw.Not lesa than one montA etter the Trustee reaorrda the notice of d�f a�e�!g�ive puh�ie noU�ce of esJe to th Perscna
<br /> {3. :,� incorperated city or v�Iage end is used in fatming ope►a tl o n s�r H e d o+�W�e�mr. � _-
<br /> and tn the mannar prescribedby app0lieatile Iaw.Trustee,w(thout demand on Borcower.shail seii tNe propa�}►at pub0a auctton to ltfe hl�fest �
<br /> '-?;�<� . bidd�ar.It requTred by the Farm Homestead Protectlon�►ct.TNStee ahail oHer th0 propsrtY in t�vo seVarate aa'es 8$requUed by applieable iaw.
<br /> ;,,.,:; . Tn�s4�may pastpona eafe of a0 or en11 Dareel of the ProDe►tY by publin announeemert at tlre tme and piaca of enfl Previoushl scheduted aata. �.;,---,
<br /> •!�rr. . .;:,� Lecu98r m ita desi8nee maY Ourehes�tfie PiopeRll et anY safe. �� _
<br /> Upon receipt of paymertt of ina priee bld,7tustBe sha11 Qeltve►to tl►e p1HCh08er Tcttstee's Qead Com1e1Ang�e D►oPanl►.rne���eoMained In 4 ._
<br /> Tnistee'8 deed sha110e Otlma facte evidienee of the uutl�of the statemeMS eoMainad tfierein.Tnistee sheil epAhl the proceeQs of the sffia tn the f
<br /> toilowing arQer. (a)to e11 expenses of 1fie eate, inctuding, but not Iimited to:reasonabte Tcustae's teea, reasonabl9 ettomey/s tees and �_,.
<br /> ' teinstatemsrrt feas;(b)to eil aums Sewred by thie deed of truat,and�01 tt►e 6ataiuo.it any,to the persons(egatlY ertWed to recehre it• 4
<br /> ,.;'.,•-�'' �=
<br /> %;'� • �i 13,Foredna�us.At Lender's opUon,thia Qeed of trust may De forecfased in the manner provida by apDflcabis law ta foredosure ot rnnrtgages �_, __
<br /> •y;;,�; ' . , onrealproperty. �_
<br /> Y '� 14.fnapaa9oR.Lender may enter the properry to InsPect i t ff L en der g tv e s B o rt o w e r n o t l a e b e t o r e h a n d.'f h e n o t i c e m u s t etato the reasonabie �
<br /> . .r, �
<br /> � ,,::;,, causs Tor Lsndefa inspeadon.
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<br /> ,;.„r;.,; : .....,�•.v.�� 15.Cond�mn�tton.Bonower ess1�to lendsr the proceeQe ot any award or daim tor damages corrnected witb e eondemnatton or other tatdng i =
<br /> .#�{'`r• ...,{':r,. pt����the property. ueri pmeaed$wu16a applied es pravtde0 in Covenant 1.Thts assignmsnt is subjeet to ths terms af any prta �
<br /> i
<br /> }r'��tllii%`"•, . ' ::''',:� , t10t0I(BfC�Slfl9 �,s. '�^
<br /> � �,:,;��,;h�:;. ��.4ttatvar.By exercising arry�itthr evaDabte to lender.Lender�oes�rot glve up arry rtghte.ta ieter use8t�y other remedy..16X
<br /> � �'t;,:�+�'4 r, a r ry�e m e d y u p o n Barrowers dafa�lL lender Qaes not waiva any�Tght to fater constdet the eveirt a defeuit fl it he�pens egain.. � F
<br /> ''�4' �y; �ng . Y
<br /> �b€�� BorroJuv�eT w�ho�l�gns this deed t��wst b$u�t�doe�not cas1gnitl�ie un�Ail Qebt tnstn ai0r�it(sf Qoes�soo Y� j9�enteandscon�A?��
<br /> f,t.•;
<br /> '• �'; go;s.�,wrer's(nterest in the propeRY t�the 7rustee under the terma ot Wa Qeed oi trust.ln aCditlon such e 8onower agreea tAat the LenCer a:id '�
<br /> � �� � • �-'� �ro�y other Barrower under�Ns dssd of trust may extand,m�d1{y or make any other chanaes in t�e terms of this deed of trust or tha secureA � :.___
<br /> ";'�•'� , da�st without d�at Bortowers cor►s�nt end whhout releasing that Borrower trom the terms oT tAis daeQ ot trus�
<br /> ;,-i. . :�� ... . . 45,�f`-.
<br /> ����-� �" r� The duNea and Oenefits of this Qeed of trust shafl bind ond beneTn tAe successota 6n 0 asa i g n s o f t�n d e r a n d S o aower. .
<br /> '=
<br /> � � '`'' f8.Pta�ce.Untess otherwtss rt�utred by faw,erry notice to HoROwer shail be gh�an by delivadng it ar by,rt►siEr�g ft dy certifted maii aQQressed to ;.
<br /> s .: . , -;� 8ortaw4�et the�o ortll addresa or any ather address that Bortower has�iv�n to I.endar.Boaower�nnfl gi�a any noUce to LenQer by eettifleA
<br /> A ,;; m o 3 1 t0 t sr+ae re e a�s O n p a g e 1 M U�i s C eed of Uus�cr to anY othat a tt�se v+hiCh Lender A8s designeted.My other notiC9 to LenCer shap _
<br /> i�:Y:� �j tia serrc to tsndere addresa ae etatsA a paga t o!thte.Qeed M trust. -
<br /> ;°�i Any naUce ehall be deemed to have been given to Bonower or iander wAan givan!n flse�ssr ete!84 above. � . -
<br /> 18.Truishr of�Prop�rtl►ar a B�neftelat fn4armat fn ffis Bottmwer.tf ail o�emr OaR of the proyerty o�arry tMereat tn it Is soid or vansterred
<br /> . ._. � ui
<br /> without Lend�s O�r wrhten eansent, Lendst may demand immediate paymem of tha sec�ued deb� lendor m also demand immediaL9
<br /> oweve►. LanQer maY t�t -
<br /> . . a�o�o o�e+,c�'�c+�1eaco�s�o�`ii n i�v��b°oe ey i o►ei ie�e�+�rne a�of we aa dto uusis�r►ea.�► _
<br /> Z0.Recomrsyancs•When t�s ob:lgatlon secured by thta deed of trust hes 6een Dald and LenQet has ao turther obt}gatlon w make a¢vances � .�
<br /> ::�,;�1,�?...; ' ,� ��'.: undper the instrumarns or a ente secured by this Qeed o!trust,tha Trustee shat�,upon vuritten request bYe note odeoL'�e eNdence ot�e 1+;'<;;.
<br /> . .!;��f',�:. ; obt(sUon so sa�HsQed$BoROwei sha�tl pay eny recnrdaUonB�o�ere successor in interesL the trust dced a�M tn
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<br /> 21.Sneeessm Truatee. l.ander, et LendePs o�on, maY remove Trustee and apDoir►t e successor uustea by tirat. maUing a eopy ot the
<br /> sub�q�tion of Vuatee as required by app�icebie aw,and ttien.bY filin tha substltuUOn o!trustee for record in the office of the regiater ot Qoeda
<br /> :. . . „�..�: of eacfi eauMy ia whteh the vu eD�nYe^d�e ai tt�e Trusi°eA�nam�in tlia deed of evust n�d ot any�ee�easor�stes°t tha proPerty.shail 1s,;
<br />-- . � .. . �' succoad to e0 the power.duUe . �Y �-+•
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<br />--? . eANltEpg SySiEMS.pJC,.yT.CLOUD MN 86301 It-800�397•23A11��►OCP�MT6NE B/19191
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