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� -::�■ `...._....�._._.�__._.._ -- ., u_-�--Tw_._ -- <br /> �, ��._. __�. --- - __ <br /> . , , . ...�__..,.._.r. �___.._ _ -- <br /> - - - ------ <br /> '���1!�� _ �:,i�.a,a,.,,rn.ui�rtMW1T�=� 1rA�6�� - -- <br />.._.�_ _ 3 — _ <br /> "'_'..__.... ........ . .. . .. ... . .. . .... . <br /> covnr�rs �:. 7�" 1tj�.�`7 <br /> 1, IhhnMnH, llaroww ws to m�k� �Mp�ymmts an th� ��sd dNM wl�� due►. Unl��� Borroww�r�d Lerxf�► apn� otl�wls�, �ny <br /> ixch,iiw of���t a pwr�N�x.ipil,�i�eond to frn�ri�t�.ind tli n ta�wfnefp�il,I�f pa�Pt��p�ym«it of thw i�c�x���t arc�s far iny r r�ondit�wlNt <br /> not rMfuc�or�xcu��any�cliKlul�d p�Yrr�nt until th���r,ured daal I�p�kl in full, <br /> 2,ClM+�Aqr�Nnt TfIM, i1 �nt�,and etM�r eharp�s�tttitwl�bM to tMp�op�rty wh�n du�and wlll defend titl� <br /> ta ttw prop+rtY a�u t I Ir oJ��lfw 1 n ef thl�dead of tru�t,I.�nd�r may rpuire BurowK ta u�ipn any ripht�,clalm�nr <br /> d�i��whleh 6ara m ,haw�pAi+it�$Irt���'MMO tu y Idwr or m�tel�l�to improv�or m�fntain tM propvty. <br /> �.:.,. ,. • � . .,. <br /> 3. Mww�ne�.9orrow�r �ry'I�, p�'tM�p�opsrty.ItlsuUd.luld tsrm�acc�pt�bls to 4ender �t Elorrowsr's �xpent� a�d tor L�nder'e benaflt.All <br /> incuranca paUciae ehall(nc�u p y ctsndud mort{�sya clause In tovor of Laiulor.LWndor w(Il lw namo�ac loss payco or as tho insured on any suclti •-- <br /> kx�x�e�pollcy.Any Insww►c�pow«f�m�y b��pp1i�d,within L�nder'a dkcr�tbn,to dth�r tM rastoratbn a npak of the d�m�psd prop�rry <br /> or to tM�scur�d dsbt.If l�nd�r nqukn moHp��kisur�nc�,Bo►rowa�N� to m�ints�n wch wuwr�rnce la a�brp��Lendsr r�quke�. <br /> 4.Propwty.Borrowsr wiN ke1�p tfM�tixnpur,X irt�c>od condit�on�rx1 m�ke�tl npw�k�rvasort�h,l�,�nereaaary. <br /> �.Exlra+r�a.f�xrowrur+iqrMrs to p+�y+�II L�trwJyc'�expw+.�aes,inc6�tlinq�rR�sorts,I�N�r.t;�rrxy�'fMa,it f�,�:�a�,re �eRka+nX coven+ints irt this,d�sd� <br /> nt�tru�t a frr n�rty nMifl�t:fort a�ccued 17Y.��s+�rvt:S�q•`'��+�at f3orrow�c wNi.Ra�y tf�nns+�rria�rN�.0 L�r La+vl�a�,c as ip��vidnk irr CokernMr+t:9 of t:his dx�vd:�f <br />, tn�ar.. <br /> � <br /> i Pdue S�awk�y frrr,�n�r,�,.4+n'msiA�a�owar tlrnx�ob,aina�,�,ndw's wrimen corrsanG f3arraw+rtc KRiU�ieos;ma4t ir p�mnir,a,.iy ch�ndet eo�ny prior <br /> s�curity int�rssts. Herroveae wfll pa�f:forrri nll 01 Bwrower's oblip�tion� urtd�r any prlor mort�ap�, lAeac3 ot trust ar oth�r s�curlry apro�ment, <br /> i�ck�Mnp Borrovrer's covenant�f ta m�fca paWm�nts whan due. <br /> 7.M�lawn�nt of R�ta�nd ProAN.Borrower�sslpn�to L�nd�ths r�nt��nd protit�oi tM�xoperty.Un1��c Barow�r and L�nd�r h�w�p���d <br /> oth�rwii�In wrltfnp, Bor�ovvK m�y colkat+nd r�uln tM r�nt� ��bnn si Bo�rowsr 1�not in detault. 11 Borrower d�i�uk�, L�rd�r,L�nda'� <br /> aq�nt, or a court appolntsd recelwr m�v t�ke po1���Rb� �nd minp� tM proqrty�nd colbat the rent�.Any rsnt�L�ndK tolNctr shaN b� <br /> �ppli�d fMst to tM co�ta of m���pkw tI►� prop�ny, lneludkw caxt wsts u►d�ttwney�' f���, commis�bns to r�Md�pe nta, r+d �ny otMr <br /> n�c��s�rv rN�ted�xp�n�s�.Tha r�m�Tnlnp�mount of��nta wAI tfNn�pFy to paym��tt an tM��cw�d d�bt as provid�d In Cowrwnt t. <br /> �,Lw�helir CowlewiM�YN1q;llwMd Udt D�vde��wrt�.lorrovwr prM�to comuiv vrith ttn provislons of�ny I��w If th1�dNd of pust I�on <br /> �t��vinx�is�lawi or ripul�tbrH of t1 i eo�i►domtN�um a plir►r��t�dv��Mpm�nt,Eor�ow�r will pwfarm�N af Sorrow�r'�dutNe <br /> �. AwhMN�N LM�Nr a!��1K MmwK. N Oonow�r fNM to m �ny of Oonow�r'�dutM� ud�r MM� dNd of pwt, L�rdM m�y <br /> pMfarn qr dv11M a aaw t�►to b�p�rfon+wd,L��drr nwVµM �ow�r'�rwrN orpay�nY��nax+t If r���a►Y fa pMermM�a. If�ny <br /> aMNMuotio�on th�p�oqMtV K dEOOnlfrwrd ar not oMriW fm fn�f�NOnwbk en�,l�rwNr maY dn wFwtwe�M rnoNwY to poact L«�dn'� <br /> NowMy kNMNt fn 1tM�'op�rtY.ThN nuY inok�oanONtlnY tM oomnuotbn. <br /> L�nd�r'�f�Mw�to pwlam wiN�1ot pr�ek�LN�dM kan ex«ehkq�ny of N�otfw rlqhN und�r iM I�w w tMs dud of uwt. <br /> Any�mow�t�p�Id by l�b�r to pot�ct L�nd�r'�NaxkY�KMt w�N b�Nair�d bY 1fih dNd o}trwt. Such wnoumi wIM b�dw on Mmand <br /> �nd wIN bMr k�t�rat hom tM d�l�af tM p�yrt�r►t uMM p�fd Nt IuN I�t tM ImM�tt nt�In�H�at on th�Ncud d�bt. <br /> 10. OMwk�wl Aee�rAlen� If 9arowM INh to rrwk� x�y paym�M wl�� dw a b��ka �rry covKwMS ax1M tWa dMd of uu�t or �ny <br /> d m���b bYpa l'r►�int��r►d�m1iy Mvok�t�hyi p�owwryol aal��ir d s�ny oth�r�rt�i�di�,�P�►rt�iitt��d�ppkc�mwu�ity of tM Naind d�bt�nd <br /> 77_R�s�t!er MMie�ef Whult.It Is h�r�M requ�at�d that eopf��of tM noUas of d�f�ult�nd aN�!��ant to��eh p�rson who It a pMty <br /> Mnto.at th��ddra�of Mch suCh pMwn,ai s�t lath hK�in. <br /> 12.Pewr d i�M.If tM Lwdw kwokK tFw povwr of s�N,tM Tnxt»�MY fin r�aad k�tM oftia o1 th� rpist«of d��of e�ch county <br /> wMnin tM trust pop�rty a sonw p�rt a prcel tM►�ot Is tituat�d a notioe of d�f�ult conuinkw th�k►Tam�tion r�quirW by law.Th�Tn�stN <br /> ' sh�N�Mo mW oopM�of th�notic�of d�t�ult ta th� Barower,to��ch pww�wl►o Is�pMty Fia�to, and to athsr psrso�s u prNCrlb�d by <br /> appYCabb law. Not I�u tMn or» mo�th ahw tM Tru�tN rscords tM notiea ol d�t�ult a two nan2M if th� trust propKty It not in �ny <br /> incapasud eity a vMps and'u us�d b f�rmfnpop�atione carri�d on 6y th� tnmor,ths frustM shaN gf+�pubNe noticy of tsM to th�pMSOr►s <br /> and fn tfN manwr Pnsaib�d by�appplic�bM uw.Trust», wittw�t cNm�nd on Bonowa,shaN sNl tM Prop�►1Y�t P��wctan to tM HpMat <br /> bidda.M r�quir�d by tM Farm Hom�st��d Prot�etlon Act,TrustN sh�N ottM tM prop�rty fn two seperat��sM��s nquind by�ppliabN law. <br /> L�irdM �itsY d�s�rr+�purcMs�t�M aop�rty it i�y i�w���c���M�t at th�1{me an�plx,� of any pnriauN ccMduMd t�M. <br /> Upon r�c�ipt of paym�nt of,the piC�bfd,Ttu�ts�th+�ll deltvsr to tM�purcF�et TrustM'a dooi!corivuyk� tM propKty.TM r�ehiak ao+�t�ir»d in � <br /> TnKtM's dNd ah�M b�prime tad��vidisnc�of tM buth of tM st�t���oont�Ybd 1Miroin,'Irustbe��iaiN+ppYy tM proo»d�of tha sN�in th� . • <br /> faMorvirq ordw: (�! to �II exp�ns�t of tM ��N,lnckidlnp, txn �ot limiud to, r�an�p�e �7ruatae'o i»s, rNaw� attorn�y'a iMS and <br /> nirrt�t�nenY fnes;lb).td all aumt�ecureci by thie dwd of bwt,�nd lo)tM batu�cs,i}�ny,to the,perqon�IqaMy Mtltbd to nosiw it. <br /> 13. � u�a:At lsn(IeYS 4ptlon,thlo d�W of trust m�y b�foncbssd in tM mamsr povid�by-a�pplic�6ls Nw for fa�cb�ix�of mortpsp�s <br /> WI r�al pf . .,�.: : <br /> - � �14.1n.�o�o,� L�r�r mny errt«tM pr�p�rty to tnsp�ot h ff L�nd�r piw�Barrowsr notic�Mtaehencl.'tli�L`rbtico must�tat�tha naat�bl� <br /> eaw�fa LMwir'a Nnp�etla+. . . <br /> � 16.CandMrrNda+.Ba�ow�r�s�1�q to L�rW�r tMprocMds of any�w�rd a ctalm tor d�rt►psi cornectdd with�coed�mn�tion a otM►uWnp <br /> ' of�M a w►y pa�of tIN�popKty.Such procNds wi�l b�pplNd w provirMd fn Coven�nt 1.ThN�ItOiflnmtM i��ubj�ct to tM t�rrta of�ny prfor ' <br /> - s�txrity prNrr»rK. • '1:, <br /> " 16.W�•8y�xwcfak►g eny��y�v�ilabb to L�nd�r, IKdK do��not piw up •ny rlghte t6 lat�r us���y otl�nn»dy. 8y nc�t�xKCitirq .���' <br /> � �ny nm«!y upo�Borrower'a dsfwh,i.a�d�r doea not walve�ny�ipht to ftlw eawfder tho evprtt'e d�fwlt if k fwpp«x p�ln. :: <br /> `,\;•,:` <br /> + 17.Joint and Swwal ys C�walp►wa: Suontaa� �nd AsNpu dwx�d. A1 dutbi'undeY.9hiri:deaed of Vust w�irrt and s��nral. Any • <br /> - 9orcowsr who oo-s7orw�clNd of trust but das not co•slqn tt» undKt�yinp d�bt initrumbnt(a1 doa w on!y to �►arrt arwl ooriwy th�c <br /> i;.,. Borrowsr'�imKat fn tM propKty to tM TrwtN uid�r th�tKrtq of thia d o(tru�t.In�tldNlvn,.aucn a Eo��ow�pn�s th�t t►u�4end�r�nd <br /> ' sny oth�r dorrovvK und�►tfih dw!o}uust may nct�nd, modifr or msk��ny oth��chsn�{�s N:the tet►tw of th4 slp�d af Uu�t a tM Ncund <br /> "" dsbt without tMt BorcoweYf con���t�nd wktwvt rN�sskp that Borrow�r hom tM tarms.ot thls dMbd ot�nut. <br /> z Th�dut���nd Mrwtits ot thli cf�1 of nwt�Mtl bind and Mr»fit tlw iuceeaorc uKi reslqFU1 of L�1tcMr a�+d Borcowrr.� <br /> f lt.Natle�.Unlra otMrwis�rsquwsd hy Uw,�ny notica to Bonow�r shab br piwn by cle�lverlrq It ar Dy m�Nimp it by rwrtiti�d mall addnss�d to <br /> ' Borrowu at th�pr eddrss�or any other�ddnse that Borrow�r ha�piwn to l�rxfer.Borrower wll{yiv�my notice to LN�da by c�titi�d <br /> m�ii to LMdrr'i�on p�1 0}thb deM oi trust,or to�ny otF�Wdru�whlch I.bnJnr haa�ttoelq�uad.Any otMr rwtlw m L�nd�r�11 <br /> i br Nnt to L�r's�ddr��s a��t�t�d on p�p�1 ot this dwd af hwt , . , <br /> �t Any notk��haM M desr»rd to luv�been qiwn[o Borrowar or l�nd�r wMn pWen In the mkxhr�t�ted�bow. <br /> �' 1Y.Tr�rw/K M tM hapwty or�M«w11dd Ir�+N M thr�onowa.H�11 a�rry p�rt of tM prop�rty or ny kd�re�t In it 1�soW or tr+rut�rnd <br /> '+ withovt L�rM�r's prior w�ttt�n corw�nt, L�nd�r m�y cMmand Mxn�dlrn p�yrnMt oi tlw s�axW d�bt.Ur�d�r m�y also d�m�nd Mn�n�dl�t� <br /> f dimi»nd piymint{n�tM abovi Ruat�lf i�p�olu'�bi�trd bby f�diri!I�w�ia of tM d�t�i of th i id�iid�of tarust�i�rrW. HovwvK. LMt}�r may not <br /> 20.It�convhnnc�. WMn tM oWlpetbn sscund by thl�dNd of tru�t ha�t��n p�ld a�d L�ndH hi�no IurtMr oblpatbn to mek�rdv�nc�� <br /> undp��r tM In�trurrHnt�w Nm�nt�Mcur�d by thlt dNd ot tru�t,tlw Trutt«�hal�, upon wrfttan rpwst by tM Urx1N,nconwy tlw�tru�t <br /> obli�ytbn sa utl�}I�id�Bor�w�rihilltp�y�iny racaditbnc oats.�r's suca�tor in Int�nst,tM trwt dNd mtf tM not�a otMr�vkl�na of ths <br /> 21. 6uco�s�a TtuttM. Ot1 er'� optbn, m�y nmow Tru�tN ■�d�ppolnt � succ�ssw trwt�e by fk�t, msNinp �copy of th� <br /> � aubrtitutlon ot tru�ts�as�ip cabN I�w,�nd th�n,by filirq the wbrtNut0IX1 of tri��tN fOr�M.Ord I�tM of(la of tlw r�pltta uf dNd� <br /> of e�ch county In whlch llle�t�����i Y,a soma p�rt thersof,Is situ�bd. TM rucce�sa trutt�e,witAout conveysnce o}tM prop�rty,tludl <br /> sucaed to�II tM power,dutla�,�uthority and title of tM TrustN nim�d In t�w dNd of trutt��d of any succst�or tru�tee. <br /> I , . <br />: IP+W�o121 <br /> � EM�KEltS SYSt8M5,WC..ST.CtOVD,MN 6��01 It-!00•]97-2J�11 FW1M OC/•MTGNEl/19fB7 <br />