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� . -_ .• - -=- <br /> ..fi_...T• <br /> ,�• \�M•'..._ - <br /> _ . - ':2�y�• �a� <br /> l= y <br /> .., n. , . ,. . . ,'��,�i?,• . • ' : . ._ - <br /> , ,.�. <br /> v,,,�M1y n �.,.,a.��..J.,.....�:a=;.... .•�7F�.,��F.'^ffliw+�/�IWk�c+�df}!. _ ,.w...=.r..�...�. --- <br /> •�F� <br /> s�.•. COYENAkT� 1 , <br /> ��.��� �7� <br />-'����� 1. P�ynMM�. Bo►ww�r a9ru� to m�k� �II pav�nt� on tM �eeund cf�t►t wMn dw. U�Mp OarowK a1�R L�nd�r pn�i��^Y <br /> �� � `i paymant� L�ncN►r�c�iw�from Borrowa a fa BorrowH's MMfit wiN b��pp�i�d first to �ny�mount�Bo��ow�r ow��on tM ��cu►id d�b1 <br /> ,. X �xclwiv�of Int�raat a�InclpN, ��cond to Int�rrot,�nd tMn to princlp�l,If pNtl�l pup�Vm�rtt ol th���cunA d�ht�ccun for�ny nN1on. It wiM <br /> ' �, not nduC�a�xeuR��ny�CMdul�d PayM�nt until tM s�cwM�d�ptii Wid fn fuM. <br /> � 2. CI�ApreMt Ti1M.Borrow��will pay dl t�x�s,�sa���m� u.� otl►M�ahMp�l rttributabl�to 1Mp�ops�►Y w►�n dw+nd wlll d�hnd titN <br />• � '�; to tM proWr t l l�a�iruf�ny cl�lm�whtch would Imp�k tM 11� of�i r y d���,l.��m����In tMr�pNty,�slpn�ny rlyht�,clrim�a <br /> g d e t�M�e w h l c h @ a t o w n m�y h a w�p alMt partl��who wp R�„�t j� JA'PL RS <br />`s,,,�" ,�}� 3. In�u�ne�.8arowK wNl kap th� poMrtY In+und W�d�r t�rm�acapt�bb to l�nd�r�t Barow�r'��xp�na �nA for 4�ndK'� b�n�tft.Aq <br /> - In�uraoc�polic i��a h il l Inc i u d�� r t+n d K d m o np p�cl�w�I�favo►af 4�nd�r.Und�r wiN b�nart»d��bu p�YN w��tM I��und on�ny�uch <br /> insur�-�ca pol+cy.Any In:uranca procceda mey be n �lied,wltMn lenAer's di�cnlion,to dth�r th�n�tor�tbn a r�pnk a t t 1 w d�m�Q�d p�o p n t l r <br /> a to tM s�cund d�bt.If L�ndN�puk��matqp��nsunne�,BO�roW���pfN�t0 m�lntdn auch fnaanc�la ��bi�p aa loruie+requke�. � <br />-:u�v;�, 4,Rop�ty.Sortow�►wfll k�ep tM p�op�Y k►Qood Conditiqn and mak�NI np�k�fN�OMbIy MC�f�Ny. <br />--' .„�� 6.E��.e0flOWN aQfN�f0 p�1��N L�Ild�f'��xp�m�� I(NtlllfAflO f��tOMbN�LIOfMy�'fN�,If Borrow�r bn�k��ny cov�nuits In thit dNd <br /> of tru�t w in�ny o b N p�t bn a c u r�d b y t M�d a d o f t r u�t.�o r r a w�r w ill p�y tM���mount�to L�nd�r��providM In Cownant 9 of thit dNd o1 <br /> -- ttutt. - <br /> '� ' N�M�t�i�.�ww w N�orf m 11 oltB�obrrawir s oW pstl�or±e�nderueny abi�mwc►Hrtgap��d�d of truit or�otFinriicu�rityt�i�m�int, - <br /> �5,;.,� ';; inek�dinp Borcowa'�cown+et�to mak�p�yrtwnu wh�n duie. _ <br />.'�5;;'�• : . 7.A of R�nw�nd Rofk�.Borrowe a�afpn�to LendK ths nnts�nd profRt of th�propKtY.UnN�s Borrow�f and L�ndK haw apn�d <br />;.���;�..� o w in wrhin�,BorrowK m�y colNct�nd ntain tM��nu W locq �s Borravwr i�not In d�fwit. II Borrower tl�}wk�.L�ndM,L�nd�r'� <br />-'�•�a ; �p�nt,a a co�xt appolnt�d nc�iw► m�y tak�potwsNon �nd m�n+�p�tl►�proP�rtY��colNct tM nnn. /►ny��nt� L�r�r colNct�shdl b� <br /> _Sk•:'�� appli�d fk�t to th� costs of m�npfn�tM prop�rtY, ineludin court costs�nd attaneY+' fNS, commlo�bn�to nntal�nt�, �nd �nY othor <br /> nsaaNY nl�t�d�xp�ns�Y•Ths nm�ininp�mount of nnts w�l M�n�pp1V to D�Ym�nt�on tl»s�cured d�bt as provldnd In ownant 1. <br /> x�ra�� <br /> _��,�— �.���,��q�ryw�d U�t av�foqrNMS.Borrow�raprNs to eomolv with tM provisloru of sny Ie�Ra it this ds�d of uust on <br />�`:�-:��y e lenehold,!�thiw d�W of uust It on�u�ii fn�wndominlum a�pisrxNd unit d�vNoprtMnt, BorrowK will perform �II ot Borrow�r's dutN� <br /> ,-a,,,�,�� �ndK th�cowrnnU,byI�ws,o�rpul�tton�o}ttN Condomin(um a pla�met!unit dev�iapmaM. <br /> "_ o.������vi���:���..,�.�_.,,.«:W�..�t�.:,.Q�,.w.aa�.m nKfam�nv of 8orrow�r'�duU��und�thi�dNd of ttutt. L�ndu may <br />_--�Y.���_f�'j.'.�� p�rtam tM dutNs a cauen them to b�pKformM.L�rrl�i m�Y slyn darow�r's nrn�or pay any�mount�f nucescaY i�i+w�w���•�N.:.K:rq <br />�-''Yr:�+��`,, coruttuction on tMprop�►�ry I�d(�continwd a not cerrMd on(n a reason�Ws manrnr. Lendsr m�y do wh�tsver le nacesury to�xotect Ler�r'� <br /> -- s�curity Int�r�a in tfu prqoerty.TM�m�y inehida compleUnp the eo�struction. <br />_'�'�� Lendu's tailun to prtw�»will�ot pr�ekids L�ndK iram�xercfsinp�ny of kR othsr riphts und�r tM I�w or this deed oi bwt. <br /> -___- ���W��y�aK�n h�tdati of�the�nt unt�ili p,id in t�ultl at�t?re int�isstd ite in eHs�ct on thi secur�d debt unu wfli 6�due on d�mand <br /> =-'R� �q,p�twh�nd /1ec�1�e�Bon. If Borrow�r f�lls to m�k� a�y paym�nt wh��du�w brs�k� any cowrnnt�unda thb dNd ef uwt or �nY <br /> - — dim�ud mi m�idia�ti p�i�'m�i�nt a�r►d m�iy invok�thi p�wer of�w�N er d my oth�r rsmedis�mitYt�d by�ipplk�e liw�riry of tM R�cund d�bt and <br /> �}���� 11.Rp�wt fa Netla o}DN�ult.It is Mreby nqu�st�d th�t copies of ths raticu of d�fault u�d s�N b� s�nt to��ch perso�w!w is �P�Y <br /> _-;;;:�� h.�eLO.'!L t!!!wr4frwaa qf�ach such nKa0t4�!Nt}Wth h0►OI(1. <br /> ' --�- 12.MwK M i�la.M tR�L�nd�Invok��tM povwr of�aN,tM TrustN shall fka r�cad in tM offta�of tha ngietK of d«ds of�aeh caxity <br /> �� wMrNn tM trust prop�ny a som�pnt ar pacd th�rooi h�ltuat�d�notiu of d�fwk co+�takBnp tM Infam�Non rquU�d by taw.TM 7n�tM <br /> -- -- �h�M Nso m�f�coAMc oi Zhe noHa of d�f�ult to th�Borrov�nr,to��ch p�rson who is a pKty hK�ta,md to af}n�r Ipuwrn u aaib�d bY <br /> —�_;�� �ppWcabN law.Not Msa Znnn orM month �h�t ttN Tnnie�t�cords th� notia ot d�f�uk,t or two months H tM+tust propKty <br /> s not M any <br /> - I�p��a(��y pr y�N�i(Id 1�Uf�d�fl?Mfl'Iff1Qop it10fU G�fi�d M by tM LfUitO►.fIN 1 NKM i�Nll QIVp pUb�1G rIGC+C�O}NI�t0 tIN ��OIM <br /> .V:� �ddii.H r quir�id b�y the�Frm Hom�s�i�Piotictlon A~et,T�tust�i�a¢h n aa�ffK tM prop«irty�i�n two s�Pa�+t°.�s�M:i.�°.qulr��.pouc.bN�l iwt <br /> �"��� Trortw may po�tpon�s�of aN a a�y psral of tM propxty by public�nnou�c�nt�t tM tfrrN�ntf daae of sny pnvbwN�clticduNd��• <br /> _-�"-�� l�nd�r or tu d�tfp�may purchu�tM prop�rtY at any tsls. <br /> Upon Nr�� nf par�n�nt of Ms pice bid,Tru�te��hill d�liver to tM purch�tx T�ustee'�ds�d conveYinp t�h�o DroP�Y•Th�ncidals eontNrNd In <br /> � ��{np d st(�I o iM i txp��,i�ot t�fi�i stNi kuid�udinp,butarwt Iimlt�d�to�riiionabliTTruitN'iia�,�r�eioni�to�ini���few���nd <br /> �__ relmtat�►t fMa:lb)to�11�um�a�c�x�d bY�4�d of trust.�nd tcl ths b�t�nc�.(f any.to th�porson�Iep�NY vndtNd to nceiw k. <br /> �9,Fonclowre,/�t L�rde'�optbn,thb aleed of trust msy bs fwecb�ed In ths mmner provide by appllcabie I�w ta fa�ebaure of martpsp�s <br /> on nal propKlY. <br /> cwu�f�U�ndn's NcPeatlon.�ter tM propsrty to Inspect k ff Lendsr pivs�Borrower r+otic�b�fash�nd.The ratin miut atat�N►�nawr►�bN <br /> �6,�w�Yon,Boreower as�i4ns to Utb�r tMproceede ot any�ward or clsim tor demapes conneatad wltA a cond�m��tbn w othar t�kkp <br /> ����nt ttMe�prpporty.�uCh proce�ds wiU W�pMfed ss p►ovW�d In Covenant 1.Thi��sslpnment b�ubJ�ct to tM t�rms of any pbr _ <br /> any rMn�dy up nxBai�o��d�fwk Li���dii�n�ot wa�iw in�y�ipht to lati�con�idar tYh�i svent�dsfiult ifat h�p Y.�°�t sxKCisM�p <br /> - - 17. .loint r+d swwd �{�ty.Co-si�r S�+ec�o� +� A�� s°°^d. All dutbt und�r thia d�ed of trwt an joiet and awr�t. My <br /> Barow,K rylq co.�lprq tl� d«d of nust but do�a not co-sipn tM undelytnp debt instrumsntis) dosa to onN to prant�nd conwY th�t <br /> BartovrK'�int�r�at In tM prop�rtV to tM TrustM ur�r tM tKm�of this asa of trust.In addition,sucfi e 8arower aqrNa th�nt ttw LondK�nd <br /> ._...�_ �t�����o�v�w i�con�Mt Md fwith�ou�t rN�wl�i Borcovwi f�an M Kt ms Ot th i dW�af artat.�,�ot tru�E ar th�NC1K�d <br /> TM dutN��nd b�ffLS�of this d»d oi mut shall E4nd end b�rnfit tt�sucaaors u�d saipns of L�nder md Barowar. <br /> - 1t.Nolk�.Unl�s�etirec•x�'a rsquked b1r law,any notic�to Borrowx shaN M yiwn by dNiwrinp li ar by mniWp it Dy caNfNd m�il�ddnu�d to <br /> - gorco,�wr�t the ppwty addr�u or�ny�otMr addrW�th�t Burowu ha�pIwn to L�nder.8orrow�r wIM piw�ny notk�to LsndM by cwtMNd <br /> _—�,� maii ta a��s��u�on pap�1 of thf�d�sd of mut,a to any otfie►xWnss which L�ndK h�s d��qnnUd.Any otMr noNcs to Ut�r shall <br /> ---�=� b�Ma+¢to L�nrNr'�addnss�s�tat�d on pape 1 of thf�dMd of trust. <br /> �-_�i Any notia staM b�d��m�d to luve bNn pivsn to Bortowu a L�ndK wMn qiven In tM muwNr a�tsd�bnw, <br /> -�� -=�s 1!.TrrwtK of/M lt�p�tY w�S�liehl��wR in 1M fonow�r.If NI a�n�P�of tt�prop�ty a anY k►tsrut In It Is soM a traiut�red <br /> �. ���'.�._ �Uif M�i Borro�wK ii�n�ot� n�aturM�aoe�r�id��b�Mficik N IritKist M t�M BorrowK i�� adddor u��rt�d Howewr. L���m�not <br /> ____�...-s'� <br /> ____ drm�nd p�ymKft in tM�bow shuations if k b prohibit�d by teder�l!�w as of tM date of tfii�deed ot truot. <br /> '"�"�--- 2p,��,Wh�n ths od19�Uan acutW by tMa daed of evst ha�been pald,and Lendx hes no funAer oblipatlon to m�ke �dvanas <br /> - -- ==;� �r�d�r tM kxVUn»nts or e�tn�nts�scur�d Ey thi��}�ad of Vust,tM Trustee�hall,upon vrrttuen requoat by ths L�nAsr,roconwy th�Vust <br /> TT�L�nde sh�N�to th�8orrowsr. a to Bor►ower'�succet�a in intsnst,tM Vust doed ond the not�or otF»r evid�na of tht <br /> _��—_�.�� o�bl�so wtistNd.Bonow�r�hall p�y�ny ncordallon cosU. <br /> - __L.. _ .».�.. �..,ii..� m.11L�.. . nnnv nf thr <br /> '...$_P[���� 'j�. SYCCHW► TIWLM. Llf10lf. �T LMOEfi OpOOn.ma retiNVt iitieii3 'o�u i'pp...... .:::w.�"... ..�....� — <br /> •up�titutbn ot trurtN as��quind by�pplicibis law,md t�isn,by filinp the substitution of Vustae for racord In the ofiice of ths ispistas ot dMd� <br /> __-!�� oi each crownY in wMch tM trwt property or sorr►s D�rt tTMr=o�i�+s��tuan t�Ae�ol�rsuit and of a Y 4ucciisa truit�of tM pro�rty.thaH <br /> - --- -'�,:�b�`� wc�d to�N tM Puvwr.duthe,wtAaity�nd titl�of the <br /> _-'.�`.��+ ;,�. <br /> :�xlf�I� <br /> •.7u- ? 4 <br /> =:;�F4;c�•ri;, <br /> .>. <br /> ,�' <br /> -�; �t�j'�� <br /> ��fi�-�l'�..1- !p/p1�0�?/ <br /> r-S��,����' �ANUEIt3 6Y3TtM5.NC..ST.ClOUR.MN 66]Ot lt-WOJ!}-2II4�1 F011M OC/•MT6lII�/1tA1 <br /> .a.z�,tt'a <br /> ,Y_' �'�`�4 •;. <br /> • �j�l <br /> ��.`' a <br /> - --" -°-------� -- --- '----`•°--`°------ - .. .. _---- <br /> _� ...-_.-- _. .. . _ <br /> .W.�....w.'..r:-.�.�.��.,.�� -_.�_-��_-.�_. �-- <br />