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Ur►!n� Borrow�r and l�� o iw, �nY <br /> p�yrrNnt�UndM r�cNv��(rom Barow�a�a Borrowe'�b�rwfit wlll b��ppN+d IKU to�ny �mounu Borrow�r own on th� weund d�b4 <br />.7 not r��iduc�Ar ixcuir enyl�C�p,MduNd p1Y��W11N tM NC��irid dwbt li p�d In f ull���paYm�nt of tM uCw�d Wbt occurs tor�ny r�non.11 wlll <br /> � 7.CNNm A�IM!TIN�.�ofrov+M'lndk DoY iN N��������^�nt�� �^d uilwr chMpu�ttr{but�bN to th�prop�rty wh�n dw�nd wlll tNhnd tkN <br /> tn tF�propwt1t�p�n�t Y���w�'������N o1 thl�d�ed of tru�t.L�nd�r m�y nqu{n Borrowe to�alOn��y rlpAt�,cl�fm�a <br /> d�f��whlch 6orrovr�m��rhaw•�Init pa►Ifr�who���bor or m�tNlel�to Improw a m�Int�ln th�prop+rtY. <br /> � 1. N+�ur�ne�. Bo+�ow�r wlll kNp tM prop�rty Inwnd under t�rm�ecaRt�b{� to L�nd�r �t Elorrowsr'��xp�na�rid for l�nd�r'� Mn�tft.A�I <br />�� In�ur�nc�p011cN��hN��neA►d���tMdKd mortpp�c1�uN In I�va o1 l�nrla•Lnrular w1116o nnmed¢n Ioa+peyee a et th�Insu��d on�ny�uch <br />.� In�unne�pollay Any lnsuru�c�pracMd�may b���p�d�wlthM��^d���d1�a�tbn,to slth�r th�nstontbn a npak of th�d�mpW proP�Y <br /> a to tM��cund d�bt.If L�nd�r nquk�t ma1pW�insur+��a.Bo►row�►prNe to ma{nt��n�uch inwr�nu fa a�bny u L�ndN nquk��. <br /> -� 4.hap�ty.Borrowa wlll k�sp tha prop�rty In Oood cortditbn�nd m�k�dl npak�r�asonably n�cesa�ry. <br />�� 6.ExpN�.�row�r�pn��to pay all L�nd�r'��xp�m��,Includlnp n��on�Dle�ttorrny�'fe��,It F3orrowsr bn�kr�ny cov�n�nts In tMs dNd <br /> � of uu�t a In�ny obllyatbn s�cw�d by tM�dNd ot tru�t.Borrow��wltl paY thsse amount�to L�ndw u ProYld�d In Cov�mnt 9 of thls d��d of <br /> ' buft. <br /> d,h{p���o�rkr NM�rMb,UnNt�BonowK fir�t obtNn�L�nd�r's wrltten cona�nt,Bwrow�r will not mrk�or parmit+ny chenpea to�ny prbr <br /> j��hidl�iq��8onowar'i cownin�fto miki pa�yminti wMn d�����;b�under sny prlor morty�p�, de�d of tru�t or othsr�ecurlty aprNrrNnt, <br /> l� �.��{p�o}��nq�d►ro1fM.Borrow�r asslpn�to L�rxNr tM nnt�and protit�of th�prop�rty.Unl�as Borrow�r�nd L�r�h�w wrNd <br /> otl�wfs�M wrfttnp. Barowa may colbct snd ntNn tVf�nnt� ��brq as BorrowK I� not In dafeult,If &xrow�� d�fauhs.L�nd�r, Ur►dK'� <br /> p�nt, a�court�ppol�ted recNwr m�y tsk�pos��Incwdl�c�rt coiti,nd MittorM�cteii t commlisfonAi�io nn N�a��et,��ir►d iny ott� <br /> — �ppN�d fk�t to tM costs of msnsp�th� prop�rty. <br /> — n�c�tsary relatW exp�ru�s.TM nmaTnlnp�mount of nnu w�l then�pply to paymente on tM sacur�d dabt�s p►oWd�d in Cownant 1. <br /> — e.���t�•�a�durnN�wns;naruNd Untt WwFopmMtt.Borrow�r�grNa t�o oomply wlth tM ixovlsbiu of�ny Nas�It thfs dNd of ttutt I�on <br /> =-a a N�s�hold. Ir thl�d��d of uu�t I�on a unk k�a condomkAum o►�Wr�»u unit d�wloPrt►�nt.Borrow�r will p�►form�tl ai eosrawar'c dutks <br /> — wid�r tM cowmnb,bylaws.a r�pulatlons of th�corxlomk�{um a pluw�d unit d�wbprtNnt. <br /> ,� 9.AuehoritY af I.a�der w PRia.��i iue wwi�ww.li uu�7"vl',�7 S:.E�3�6�:C!G!t!! wny e}BortOWM'�dUtN�Ut1dK thli dNd Of VUtt� Le�1dM 11Ny <br /> p��tam th�duWs a cww tMm to b�pKiorm�d. L�nder m�y stpn norrowN'�nam�apa y ony artww�t�t rNC�ss�ry iw �,:�ia����.!t er.; <br /> corntructbn on tMpropKtY N discontMwd m not a�rrbd on In a n�sonN�N m�x»►.L�ndK m�y do wh�t�vK Is r�a�sMy to prot�r.t L�nd�r's <br /> s�curity Inten�t In the prep�rtY•Thi�m�y inckide compl�tlnp th�awrtruetion• <br /> '�t� ���y}����ro pKtorm wUl not pnckid�UrMer hom�x�►clsinp my of ih oth�r ripht�urW�r ttN law a thl�d�ad of tru�t. <br /> �� Any�mounUt pdd by Lend�r to prot�ct L�nd�t'�cecurity IntWUt will tw s�cund by thls dNd of t►wt.Such�tYaunt� wGl b�du�on d�msnd <br /> �:� u►d wfll be�int�ntt irom th�dat�of tM paym�M untll p�ld M tuU�t tM irK�nst at�In�H�ct on ttw�Rocurrd d�bt. <br /> 10. D�hult �nd Aca�MrWa�. If Borrow�► falls to m�k�any p�ym�nt wMn du� a brak� any cown�nU undN thi�de�d of trust a any <br /> dimand Imme�dlat praYm�nt�m Y In�iroki t�hyi p w�r�of�aN and+�nY o��►rerti�dNs�mltt�d by a p8cab�N m�w�of tM war�d d�bt and <br /> �i.n�W�RC ior iiova�v:�:iw::.Y i:ii:�:hy s:qucaiad!!�L aaplee 4!*.�t�!n�±tk��of d�fautt and a�N b�a�nt t�nch p�rwn who Is�perty <br /> I�eto,�t tFw��ddress of e�ch such p�rwn,as s�t torth Mnln• <br /> 12.raww of S�M.If tM Lend�►Invokn ths pow�r of nl�,the Tru�tw shall fkat ncord lo th�offia ot tM nylstw of dNda of uch countY <br /> wherein ttw trwt prop�rty a�om�part a pxcd tMroof ie eRuated�notia of defwk contaln tM Intorm�don r�quk�d by law.TM TrustM <br /> atMY alw m+�N cnpl�s of th�notic�of d�fatAt to the Bwrowar, to each pnon who Is�party��to,and to othe pe�wns�s ttaib�d bY <br /> �ppNcsbb Iaw. Not hu th�n on� month �hK ths Trust�s ncord�th� notica of d�fwlt, a two months M th� tnnt P�op�tY <br /> •not M�ny <br /> ineorpont�d dty a viMap��nd b uad in farminpop eratbn�carchd on by tM wsta,tM TrustN sh+M piw Pubfic�otk�of s�N to tM puwm <br /> a�d In tne m�r�ew►Dnsai6�d by aW�PNeabN uw.Trw1M,wldaut demsnd on Borro�vwp�rr�t y�lup�ell tM PropKtY n PubMe wedon to tM Np1Nat <br /> b{ddtr.If r�qWnd by tM�om.FUlo�Y��tkt�AoP�Y bY P�a�'inr ou�c�m�nt�t thottlme�r�id��of W►YrPr�i�vfou+w se�sNi. <br /> Tn�tM msy po�tporw <br /> L�r a ks d�sipn�s may purehaa tM propKty�t my tN�. <br /> Upon r�p R of payrr�t of tM prlc�bld�Trutt��th�ll Mliwr to tM purchau�TrustN's dMd conwvka tM�yop�y.p TM�►of tl���h th� <br /> TrwtN's dsrd s�uN W prkna fac{��vfdNnc�of th�ttuth of tM st�t�rmnU Contsined tfNnin.Truetw�fiaN <br /> o r�n�ime��iu,ilb to i!1��qcur�yb thh�di d o�f�tru��and(C) M b�linc�1 an�y,�to thi�P«,���kY Mtided to n�alw k.f� and <br /> 19.f+M�cloM�n.At l�ixMr's optbn,thl�dNd of vua may b�fonebad In t►w mar�provkis by appNcabl�law tor fonctown of mortpps� <br /> on nal ptop�rtY. <br /> 14,kNp�qn.L�ndsr may�nt�t tM propsrty to Intpect It If Lendsr qlv��Borrow�r notic�beforeh+nd.TM rwtic�mu�t stAie the naon�bb <br /> __ cauN fa 4arMM'�Insp�ction. <br /> 16,Ca�d�tmMtlon.Burow�r ass na to L�nd�r the procNds of sny�ward a clNm ta damap�e co�ct�d wlth e sa�mMtbn a otMt tNtinp <br /> ot NI or+ny Wrt of th�propwtY.�ueh procNds wlll b��pplbd as provld�d In Cownant 1.Thls�ssfprwMnt I�suW�ct to tM tKm�of�ny p►ia <br /> aaukY�ptee�M. <br /> v 1E,W�twr.6y�x�rcl�lnp�ny nmedy�vailabl�to Undsr. Lendar do�t not piw up�ny rlyhta to IatK us��ny otMr r�rn�dy By�ot�x�tdskq <br /> eny temedy uRo��o'����fauM,i�nder doea not wafvs�ny ripht to tate corufdK tho swnt a def�uk if k h�ppem apNn. <br /> 17. Jokit �rW iw�►�I �{�y� Co-Np�r, Suocspon MM As�p+�damd. All tfirtM� urxMr this d�sd of Vust K� Jo{M�nd awral. Any <br /> Borrow�r wtw co•:ipru thi� dsrd of trust hut doei rwt co•sfpn th�und�rlvkw d�bt �naVUmMt��)do�� w only to pr�t end conwy th�t <br /> 8orcow�r's Mter�st in tM prop�rty 4o tM Trustse und�r th�t�rm�of thls dNd of t�u�t.In�d�It(on, sueh�9atow�r pr�that tM L�ndK and <br /> Wbt Rw�lwutdmt�o�vwr i c m�erri snd wrt�nNulnp th�ty8ortowir from tMt�mi af th i��ofmVUSt�s�af trust a tM s�cwed <br /> TM dutle��nd ben�fit�of thi�dNd of trua shall bind md b�n�fit tM eu�asaas�nd uslprr of L�nrMr�nd Bonovwr. <br /> 1�.Ma11a�.Unlaaa ott�rwfp r�quk�d by law,snY n�otlu to Borrow�r�hall bs plven by deNvKirp It a by msllinp it by cartiti�d m�N�ddnsad to <br /> Borrow+r�t thu pr �ddnu aa�y otf�►�k�st M�t Borrow�r Mt pfvsn to Urxl�r.Bonow�r wNl piw My nodc�to U+b�r by cwtHieA <br /> _. m�il to L�nd�Y4 td tN�on p�0�1 of this dNd of trust,a to any othsr�ddres�whlch Und�r h�s d�dpnatsd.Any oth�r notla to L�rxNr shsll <br /> - b�s�nt to Lender'e�ddrn���st�tad on psp�1 of thl�dNd of tru�t. <br /> Any notl¢s�hnll•be d��m�d to hwo bean 91wn to Bonowa►a Le�d�r wlNn glwn In the manner atat�d�bov�. <br /> 10.Tr�f�t af M+s Prop�rtY or�4MM�M��t In H+r Baroww.It ali a sny pert of th�property or my Interest In ft ic sold or nansterred <br /> tl <br /> wlthout Londot'a prior v�rtitt�n �wns�nt, Und�r m�y d�msnd imm�di�t�p�ymK+t of tM �scuPW d�bt. L�ndK m�Y a�o �� Imrmdf�te <br /> __ Mm�indtpeymnrtt�in tl�abow sltu�tlonHi If f�prol�fb t�d bby i f�M law i of the�daBi ot tMt�d�iid of twruit�f�rred.HowsvK. Lender m�y not <br /> 2Q.R�oon+nYMO�.WMn th�o6lfpatbn��ax�d by thts dNd of vu�t ha�bNn pald �nd L�ndw hn r►o turthN obltp�tbn to mak��dv�nw� <br /> undv tfw inxtrrxnents or�p��em�nte�ecund by thla dNd of tru�t,tM TrustN sMl�upon wrftten nqu�st by tM L�od�r,nconwy tM truat <br /> i pro�ty_The Lend�►shall cNflvK io ths Borraw�r,or ta BorrowH'��ucc���a In Intere�t,tM trust d�sd�nd the nots or otMr svld�nc�of tM <br /> �11�J O �ti�ll w���n �wn�a�f{I�l�M�t� <br /> -_ NTIYAINI�tW Y�����wv.wr�v��.�•.�..r��..�����.���..�__�' � <br /> _� 21, SuaoNwr Tnub�. L�nd�r, at L�r►d�r'� optlan, m� rsmovs TrustN �nd eppoi�t � wcces�or truate� by tirst,malNnp a copy of tM <br /> �'� oi��htCOUnly In�whlch tM tru t ptop�i tY�or��omo p tMr�of.ib�tftuat�d.TM wcc:iioiiiwi e w�i�houi conwyince otf tM prop�rty,dshill <br /> _-- succ�sd to ell tM powK.dut►�s,wtharlty�nd tltl�oi tM Trosta�n�msd In th�d��d of trurt�nd of my euccessw uu�ia. <br /> _'.'.�a <br /> —,`: <br /> _i.'. <br /> � : <br /> 1=_ . <br />'�;i rv,p.s or� <br />__.� � <br /> ti;;�X CANI(Ellf 6V6TEM5.MC..ST.CtOW.MN 6630t 1�-�OOaf7•25411 FOMA OCRMTGNEl�I YAt __ <br /> �vv <br /> �,`� <br /> !�� <br /> ,��: <br />