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<br /> . •.y' !t.�1i1 futurc a�ivarx:cs 1'mm tfenctici�ry ro Tn�ator or othcr tu�ure obligatlons of'�rustur tc� F3eneGciury under uny C,.".
<br /> .n Y I�:—
<br /> prc�misxuty note,eontr�:t, guwrxnty. or athtr evidenc�:of debt�xvcute�i by Trustor in favor of Heneliciwr executaf
<br /> rlier thi� :5cc.urily lnttrumen� whdhar or nnt �his Sn:urity Instrumenc is specificnity refemx:ecl. �f more thu► or�
<br /> � ` pereon slgnw tid� 5cr:uriry lnxtrument, e�ch Tn�etor egrces th�t this Sccuri�y Instn►ment will sccurc all future AY-
<br /> - , `r� �dvuK:tx�nd tldure oblin�tiom thu ar�given to or Incu�rW by xny one or mor�Trusto�,or any nne or more�'rua�or
<br /> � And wfKn. All tuturc�►clvRnccs and u�her(uturo obligRtiont ue�ecuted by�hie Securi�y Inatxument even though�11 __
<br /> '` or part:nay not yet t►e»dvnnceei. AU future advances+md nther fiituce obll$Ations ere securai as if mxle on the d�te `,-,_
<br /> � of this Sc�;urity Instrument.Nothing in thic Security instrumrnt sh�ll c�ncututc a cn�nmitmtnt to mnke a�i�iN�nnl or
<br /> ��;5�"�" futurc loatu or�dvRnets in�ny Amount.Any such commltmrnt must be agrcad to in e��rxte writing.
<br /> C.Al!obligattons TniRtor owes to iienet�ciary, whlch may later arisr, eo thc extent not pmhibite�l hy law including, �:
<br /> bu� not IimitcA to, liahflities for overclrAfts rel¢ting to any dc�{►c�sit aceount agreement t►etwc�:n '�rustor a�xf _
<br /> ' BGneficiary.
<br /> x D.All oddition�l sums art:vanrx�d attd exp,cnses incurreci by Beneficiary for insuring,preserv�ng or otherwisc pmtcct ng
<br /> „�' . �� the Pmperty and its vat�u�a�nd az?.y cwJ?eR>tims a��w�r,.ed and expenses incurrcd hy Bensfic�ary undcr thc tcrm.s of this
<br /> . . S�xurity instramcut.
<br /> - . 'i�ie Security lnstn�ment wilt noc sccurm anX och..r aebe if F3enefici.ar.y f.ails to give nny required notiee of the rigt�t of
<br /> ' :�� rescission.
<br /> , . , S. PAYIV�N'f5. Truaror agr�tha�a►t�Pa!'�e►�ts under the Seeurecl D�ebr wi.t�he E►aiQ wfxen due u�d an a�c�rdarMxc•wit�.t,�e
<br /> _ ' cerms of the Secured Deb[a�d thu S�ecunay Iesm,ment.
<br /> i; _ ,
<br /> ' 6. WAItRAN1'Y OF TCI7.F.. Trrutos w�rrants lhat Trustor is or wilE be �awfully seizod�Ttus�t�ee�in tru6tnw��p obwer of
<br /> ' �° Security Instcum�►t and hes��,e riRh4�o i�i�s unen gcumbered.excxp�c foaa e�cumb�yof reeord. --_
<br /> m.. sale.Tnutor aleo warrants that ehe E*rope Y
<br /> With re ard to an other mortgaBa� doed of trust, secudty Agreetnent or other liea
<br /> T, �lEOR SECIIRITX INTE�lES'TS• 8 Y
<br /> _ , �;� clocument th�t crcatod a p�or securitX ioee�st or encuntGr�•nce on�h��1 AvY��stor�grees:
<br /> _ A.To r_+Tr��r pymmts when due�nd to perform or complY _
<br /> B.To pco�m�t6y deliver to Beneficiary'an.y Motices that ��usw��i�s f:����hQlder. note or a na�'•�nt
<br /> .., . .. C.Not to �liQw any mudificuion,or �F�rr�;:z�ion of. nor to we�c 9�ny future sdvuxes under any B
<br /> '� secured by the lien document w�tha�u413�r::ztici�ry's prior wnttcn�nnsent.
<br /> ��Y•� a ments,ground rents,
<br /> `.x.�.-:. �r. 8. CLAIMS AGAIIVS'f TIT[-�.'l'rustor will pay�ll taxes,assessments,liens.encumulr���tw�o iovide to Beaeficiary
<br /> s=,�<�,.';,�.:� ' utilitirs,and other charges r��tieang to the Propecty�e��e��ing T ytor4s payment.Trus or will defend t►tle to
<br /> copies of�ll notices thal such�nwunts are due and P gn
<br />-�_:ti.� ,;� the property against an�y�cl� th e�would���claims�or defenses Trus oti imay havc a8aiast Qartits w o supply labor
<br /> _ .�,�.��, Benenc�ary, as�o�ucai�.,.,r,..,.,.f.c:...;,�.�,
<br /> ';; ��. � or matrn'�ls to m n i ntain or�x��r�,r�ve t he P r operty.
<br /> -��c-�'��;w;;
<br /> 9. DUE ON SALE OR ENC1iRFt�aRANCE.BeneFiciary maY.at its o tion,dxlare tb��unein u�lu�ce°f uu Sec°r�d�to
<br /> j'r.r�:"���+:�•` be immedistely due and paya'nL�up�vn,the cmation of,4�r eon��or the crextion of, any L►en, encumbnmo i�i�f�}c�
<br /> =�;,;� ,;:.: sale of the I'ropertY.T!►is right is sub�xt to the restrie�:�e�rs� se�!I�X fedcral law(12 C.P.R. 591 . as npP
<br />`�,�',��;`4. cavrnant shalE��,:r.n w�th ths Pcoperty and s�eall remaar�:,n�effect uniat:�1�.�=Secured Debt is paid in��ull and thie Security
<br />_L�.�r r�r Insuument is rys-���st�.
<br /> rt in ood c�ndidon
<br />�;cti�Y`''_� 10. 1'ROPE�TY C(�ND1TI'U�d� �11.TERATICIN$ AND lNSPFCI'ION. T1US�U�i^w�ll k�p Ihe Pc0{!t Y i6
<br /> _.. �..,._t„�� � Trustnr shall not _....__.:. or allow any wute. impaimieut, or
<br /> apd m�ke all airs that are rea�onably nxes�ary.
<br /> -�-*.r� deterioruion of�ie Property Trustor will kap the Property frce of noxious wceds and grasse.s. Trustor ageoes thxt e
<br /> `��%�'�� nstu»e of the occupancy u�d use will nat ni�utantially change w�thout Benefiaa la P�s�rior�wnt aa�coniti�sent T�to tLe .
<br /> -"_?'�+�'-�—� permit uiy change in any license,restrictnv�:covenuit or ashr�ent without Berxf 'uY P
<br /> --- ---- nonijr Beneficlery of all dennnds, prot:eeilings. clsams, and xtions agdnat Trusror, uxl of any loss or dwn�g
<br />-_....�.,�._= proPertY•
<br /> �.,-.-�� at any reasonabk time for the purpoce
<br /> _ Beneficlary or Beneficiauy'�<�;°nts may,at Bencficiary s option,.enter the Property
<br /> �� _ of inspocting the Propercy.��ticiary shall.give T�ustor nouce at the time of or befon an ic�sp�ction specttyinS a
<br /> --..�a reasonable pucpoac for the iui�ection. slny inspection of the Pro�rty st►pll be entirely for Benrficiary s benefit end ,
<br /> —=MS� Trustor will in no way rcly an&nc6ciar�'s mspection.
<br /> -a. ��� 11. AYTTHOIUTY TO PEI�i���0,1��1. lf Tnistor fails to perform any duty or any of the co�enants Gontai�ned in this Security
<br />�`���' Itutrwnent. &neficiary;�ra�y, without notice� perform or cause them to be perfo�nod. Trustor a�points BencSciuy b+
<br /> _.�:�„���
<br /> - attorney in f.act to sign'i'�rustor's name or p�y any unount necessu7'for ptt[ortrunce.Zieneficiary s right ro orm or
<br /> xr-�� Tivstor shall not creace u�a pbligation to perfocm, and Beneficiary's failuxe to pccform wi11 not Prsclud�� 101�'frOm
<br /> --R�:�ti� exercisinp�anp of Beneficiary's other rights under the law or this Security Instrument. If anY construction on tho ProperiY
<br /> ��=�`'='�'�"' is disc�nnnued or not ca�r,r3ed on in a reasonahle manner,Beneficiary�may take all steps necessary to Protxt Beneric�ary's
<br /> --•-�_�•-��
<br /> - --`�- securtty intecest in rhe N:n����:r?y,induding completion of the aonstrucnon.
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<br /> ='�� ix. �'►SSIGNIV�NT OF L�t\S'[:S ANll RER''I'S. Tntstar iitevocabl grants, co�e�e�•s �nd sells to Trustee, in ar;,�i or e
<br /> - - �..,..
<br />_ _ .:•��':� benefit of�e.r,efciary, us �u!ditional security alt the right,title an interest�n�nd to any az►d all existing qr fa�n�l.�e leases,
<br /> - sublesses,•t��r.�ta anry other writtca or verbal agreements tbr�he use and occupancy of any pc�rtion of the Propecty, in+:luding
<br />° . . . any extensi�um,s,rr.riavalc,.r�od►t`ications or substitutions of such.��ecme�tts(all refernd to as "1..eases")a�►d rencs� �ssues
<br /> " a,nd profits (aii teferred to ns "Rents"). Tcustor will ptomptly ptovidt Beuefictary with tnu w�d correct copies of all
<br /> - , exisung and future I.e�:s�:s.T;vstor may collect, receiv�.,�njoy anif vse tho Rents so long as 1'nutor is not in deFault under
<br />_ � nhe terrtu of this Securit� llncm�atent. •
<br /> - Trustor xknowledges sh:3t lhis :t�s�,gxnrt�tut IS perfected u�a� e�At�e yd�luP o�f�54�come�du�ja Ben ficiat�r��I�m�ec,
<br /> - entitled to notify any o3 'J'7vst�a's�.�e,u�a;�1s to make pa3'7t�e ... �����•��d that.aDt
<br /> .� Bencficiuy �gsces tt�at�.nly on �clLFa�UIt w:i71 Benefic�ary nGt��y ')f'svstor and 'I'rustor's tcna�nn�� 1� ��ciara
<br /> ��,�. furore ReRts be pald divx:Li;�to�eneficiAy.On recei{�:u?$nutice�'�F slefault,Trustor wiU rnd�xsc_ ' f���
<br /> �-''����' `r, c�Y Reu�ithf aRa�ynoiher�fa ds r'Anv Sa�mounts c�ow�c�tuc�!x�avill tx. Y p ed as prov�ided ine th sCSecurity Ittst uats�en��at�ot'
<br /> � ._._,�,...,.,�enai..r�ae„�►c law.Trustur also agrees to nraintain and
<br /> . `:-_ _. ."�: wuraacs r1'a�t r.r�de[autt exists under ci►a i..cax3�.a�::l:..�,�,.•r.,�._:.___.--- -
<br /> ,, � •,.�,- reqe�ir�:�y�ec��t to comply with the tettns of thc L.epses and aPPl�cablc law. : ,
<br /> ,, � p3. [.EASEF�I�t➢L�; CO�D014tINIUMS; PLANNED IJNIT DE'VELOPMEN'1'S. Trustor ag�ees to wmply, with tht
<br /> provisions ofdany�l���L�TN�t rYw�ill�perfornT aIC 6 Trustos duties nderrothe covenantssby laws�r�g r�cions of thc
<br /> plazmed umt , .
<br /> condom�nium or pler.,-�et3 unit devclopment.
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<br /> -- " O i 99�eankere Srscem�.i�c�Sl.CIOUO.MN f��BM391•23aq ro�m RL-Ur wE t 0�21re7
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