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"" ' ;` t '...• �. , .. .. . . . .. � .H�'=.L�•u�.Y- ___.. <br /> � ._ .. — _ __ _— _-__ <br />- . W.�.•'t.��te� . ... . . . . f. ._. . .. � .. .. �. .-�.�._._ �___ <br />-_ '.: j <br /> -_��f� 1��2 <br /> S_ 5 COV�NANTb ,�. <br /> ..�,:',;�.u 1. P�yrn�nt�. BO/fO�Y�f MQfM• to m�k� all p�Ym�iow�r i bMiniflt w 0 bibippll�d fUit�to iny imounli Bo���iow�e�on the�{�eur�A dibl _ - <br /> . p+Ymvntt Lend�r rec�ive�lrom BorrowN or(or <br /> •xcluUva qi Inten�t ur principal,��cun�l to Intere�t,��d tMn ta princlpN.If psrtid prep�Vment n}the aecurad d�bt occun for�ny re�lon,il wH� <br /> �� ' not r�duc�or�xcua��ny scMdul�d paym�M u�tr��lM����K�d d�bt 1�pald In full, <br /> ��'''�r 2,G�Mn�ApaMnt' vJrivMM�pi�Y'+1F'1u�6 M����m�nt�, �nd oth�r chup�s�ttribut�W�to Nh�pro�»rty wl»n due+�rxi wiil deterxl tltle <br /> - • to ihe prop�rty f��� Y���MAt'1VM �P�t�Ii�n of thl�d��d of trust.l.andsr m�y nquia�Bo►raw�r to�sdpn�ny riphti,cl�lm�or <br /> tlfthn��o which�r ra �wv .�1!It •v�A�O wPf+�Y���'r or m�t�rial�to irnprov�or m�intwin Ih� prop�rty. <br /> • L.._.. �.. �,. �.. , � <br /> =.�=�?'';' {rnund und�r t�rm��oc�pt�bl�to l.end�r �t Rorrow�r'��xMnsM And lor L�nd�r'�barwfil. All <br />�.y;. �.Nu�xa►c�. Borrow�r will'�C�iP tM propRtY <br /> �ntur�ncs policwc ahalt Includ���t�ndutl mai�iW�cl�u��In}�var of�tnd�r.l.�rxlar will bs n�m�d�s bts p�y�o M a�th�In�ur�d on any�u:h <br /> T+�� . �,� incu+ance poUcy.llny Insurenea Mareede nuy ��urincit 8arowa�rryreaprtoima(ntaintcueh In ur�tae�fo�es lunp�as lendor�eq��i+.property _ <br />_ �'�� or to tM acund d�bt.It Ler�r r�quK��moitp+�pa ' <br /> 'f°�`�� Borrowar will k�sp tM prop�rty In pood conclition and m�ke�II rep�in re�ton�bly neatsa�ry. <br /> ;� A,Prop�rtY. � <br /> .;�� 6.Exp�m��.Borroww�prM�to pay���L�nd�����xp�^�����nGludinp rsa�on�bla attwneya'ts�s,ff Bouowafr btsek�any covenant�In thls d��d <br /> ot tnut nr In�ny obllpetlan Raeured hy thfs ds�d of trust.B�rrower wfll p�y tMN�mounts to L�nder��p�ovlded In CovenRnt 9 of thls d��d of <br /> tru�t. <br /> ' 'I''`��` 8.PAor S�cwity Int�ntt�.Unlen Sorrewer Ilrct oht�in�lander's written consent, Borrower will not m�ke oi permft any ch�npe�to eny prlor <br /> ;,,.,�•.� aecurity interoct�. Borrow�r wlll perform all of fiorrower'e odligstlonn under any prlor mortp�pe, de�d of uust ot other neaurity epreemnnt, <br /> `•, • inchxlinp Borrow�r's covenmt�to make peyment�when due, <br /> �.r,`,,•t . <br />�* "• " 2',A t ot_R�nh wnd Profft�,Rorrow�r aulpni to I.arxirtr the rent�end profitc of tM property.Unlea�Botrowor�nd l�nder h�ve apraed <br /> ��,;: oehcrvi��wrir,��, Burrowar may collect end retoir� ths r�nts�s lo�x1 As Bo+rower Is noa en detaidt,lf 6arower dd�dts, I.ender, Leni3,rc+'s <br />-,*"rr"tf�, �nr„oq a caun,�?pcintad roceiver p av tek�Wu�sac�?,�c�ov��sisaf�i.q rwy Cf 1�tca�rnm 3iwns ho�n1,af a��ir.��ndza��Ry othrtr <br /> ' ;,�,r'••� aD1��fKat to t[tin� cotts of m�myln the p: 6aec►•M, <br /> .rt <br />-_�_:',L___ r»esssMy«aAteci nxpensai,The rema�ronq amQU��t oi eronts vn t tNen alopPY to pr�liro�unts o��itra sacur�ad tqfb�r+s faru'ric�c1 ire. ovmnant t. <br />_ Y;�, e,����.����:���p,�wiOpn�we�q:Bor��.�MHrs�reus't�T•c^..'np1y with tM proviswns .af�M�sa if ttds de�d of teust oa oce <br />:�-�:'.� R 1�;�sahoid. If tMs dNd of Mat'�s a!'!u^'t'"'��eondomrniu.�rr�plaruq�'t irme d�wiopmN�t.Borrowu wi pKlorm�II ot 8orrowK'e�ies <br />=�:ti•:�. nntlar xi»oava�►i�nic,ty-taws.c:cti;a;�::�.r+u at ttEa condor^�ttl���.c.^.���r p13�rtH+d'ta�il devaMpm�nL _ <br /> �r,� 9.YALMIb1I�y OI�.�l51Mf M�M}Mm���'�• H BOfIOYWF Itli79 t0�f�CT771 4Ay O}BO�fOWH'�duti�c�,ondv tN� deecl of irust, Len��o�Y <br /> ''� • , p�rfwm ths d�Tfro�c�cauw them Yo b�pafca'n+ni1•�erxl�r rta��ai�o Bcvrownr'a nam�or p�y��Y��X ��n���V tor p�rfammc�.It anY <br />=�'•�;��i�� eonstruction un ihn qropsrry ia disconttnued�s�no'i cvriecl on in a ra�eon�bW manner,Lsnder m�y da whwR�ever ii nsc�usry to prot�ct Lertzl�rr"a <br /> -�==°"�'�(Si' t�cwity int���fY in't�»p►opertY•7hii�nay irf�7�7dn compUthp tha construction. <br /> _� i -. <br />__v,�i;t�j �,�PT;+er's f�iluro to pertorm v�vFtt nou r�aclude i.ender irom uir�css::+g���Y af Its othar�Iphta undar thr.!awor ±M!!�w�l of trust. <br /> ur.�a. . • � . <br /> �od wil�b�ar�interest�fro mhe�dfl➢�DO<<�PWmint until�piid��a f�ill at��th�e intsrii�rati In�iHe�2�n tha ucusb d�unt�will be due on demand �.l <br /> 'iSa i :, <br /> "•-�� 10. D�iwtt r�d AcabrMlon•1t �crrower fdl� to mak� any paymsnt whan dw or bruks �ny cownant�undK thls d��d ot uust rtv �i� <br /> �-'"`� oblip�tion seeur�d by thi�ds�d of trutt or any prior mortflaqe or dsed o1 tae�st Lender m�y�cceler+u tM m�turity of tM a�cured deU1 na� <br /> �••-�' dem�nd Imm�diate p�yment end m�y Invok�tM PoWer of sela�nd my athes��me�lis�permittad by app�cad���w• <br /> ---- 1�,ppu�st for Notle�of D�fu9t.It I�hereby requeated thai cn�ies of tha rtuticea of�e!�i��lt�nd a�N ba ant ta e�ch person who ia�pury <br /> -- — hnreto,�t tha�ddteu of��ch wch panon,�s set forth here=n. __ <br /> - -- ��,poww o}S�N.If tFM Lsnd�r invokes the pnw�of ea�u;iho 7ruste��h�ll first ncord ir�t)x offia of tM r�p�ter of wsas ofi e�ch cowiiy �; <br />'—'" � wMnin th�tru�x propsrty or wmo put w P#r�n]zh0�a�e1 is siivatsd�notice o}defwk cont�7nirq ttwfnfr�rmrtionrequked by I�w.7he ar.i�ta� <br /> ry �' �hall�iw m�i1 cop1��of th� notice of def�u7fi 10 iha Barrnwat,te each per�on who Ir �p1�rtY hsnto,a�.A to oth�r psnons ��p�r�4�J;�<'�mj _• <br /> ---_ �ppUc�bN law. Not Nsa thin on� month �fYar the Trusta�o»cord�tM notice of dst�uR, a twa mon4lh.,i° ZM trwt pro�rty I <br /> -------�, InCapontsd city or vill�p��r►d�s uad irt fuming ot�e�albnn can�led on by tM truator,the Trustw sirull pswo ou�kVic notics Oi sak to th��urso:tis <br /> end!n th�m�nnsr pretcrib�d bY+PPP���+���W TrustN, without dem�nd on Borrowsr,th�aU sei:ThA��;partey�t publlc au0tion to th�h2phatt '• <br /> —�°� ' bidder.H raquired 6y tM Farm Hom�stead Protection Act,Tru b�ublic�noou cn ement a tP�ott�ra aM Qlace of�yrprevioualy tch�idulad ii�ale. _ <br /> ---�--� T;usH�msy postpone s�b of�II or any pKCel 04 tM property y P __ <br /> --_: Lsndu or k�desiqnee msy purchase the props►ry�t�ny t�ls, <br /> ��:' Upon nc�ipt of��yment of tha price b�d^7rutt�e�hsll�d�li�rsr to tM purch�ser Trustee'e da�d conve�MC the prop�rty The r�citial�coM�fn�d In <br /> Trusts�'�died at�all be pr�ma f�cie ovl,.:..r.ce of the u�.:.^ itr�st�tsment�r.nnralned tharain.Trutte��fisll�pp1Y the procads nf th�sds in the <br /> folbwfnq ord�r: Ia)to �II axp�nse� of the ad�, includinp, but not limited to, re�son�ble TrustN'� tN1, rason�bie �ttansy'c fees and <br /> rNmt�t�»nt(e�s;Ibl to�II tums seaurad by thla d�sd of tru�t,and(�1 the belence,ff�ny,to the perwns Ip�lry�ntitNd to r�afw it. <br /> 13,Fyndwur�.At Lend�r's optWn,thls deed of trust m�y be foreclo�sd in tha mannsr provid�by �pplicahN i�w fa fw�cbsuta of mortpap�r <br /> on nal prop�rtY• <br /> 14.Insp�cdon• Lsnd�r m�y ants�the property to inip�ct it if Lander Qives Borrow�r notice Mforalwd. TM notice must�tate th�reuonabb <br /> cau�s for Lender'c irupsabn. <br /> - �6,Cw�d�nN{p�,8orrower nsal{�ns to Le���Wi��pplied i�yprov ded(n Cov n�nt�t Thfi issi�prwnQeniic iubject t�o tha termi of�ny�xar <br /> Q{�II or��y part of the property.Such pr _ <br /> tecutity�WNrrNnt. - <br /> 16.W�ivK.By exercisirq�ny nmedy sv�Il�ble to Lsnder,Lender doe�not p{vs u��nY riphte to latK us�my othsr remsdy. By not�xorcisinp _ <br /> sny rsm�dy upon Borrowx's default,Lsnder does not walve�ny riyht to I�ter conc der the event�dehui[N it t►�ppeni�yain. <br /> ��, ,�o�t �d gwwr Ll�bilitr; Casqr��: Su�aww+� �d As� sOU��. AIf dutle� und�r thi�d�sd of tru�t r� Joint and �everat. Any <br /> BorrowK who c�-�bns this �ed of tru�t but das nnt co•tiyn t1» undulying d�bt in�irum��tl�l dos��o mly to pr+nt and convey�lut <br /> Bortovwr's intsrest In tF�property to tM Tru�tse under ths t�rma of thi�deed oT trust.in ndditbn, wch a Bor�owsr praet th�t the Lender�nd <br /> an utMr Borrower undK thi�de�d of tru�t may�xtand, modify_or m�ke �ny other�hanpes tn tF�e tNnu of thb dNd of tru�t a thu rscured <br /> ---- � da�t without that eorrowe's can�a�t�nd wfthout rolenirq:h+c B�rrower trcm i�e ri�ms v�t mi�dsed of tru�c. <br /> �— TFw duti�s�nd banefits of thl�deed of trutt sha11 bind end ben�fit the aucaosso»a�d e�siqna ot Lender andBorrower. - <br /> _ _�� 1 C.Notleo.Unl�ss otherwis�nqu�nd by I�w,any�+otia to Borcow�r eh�ll b�piwn by d�Nvsr(np it a!y .m�ili�r�q it by certiikd mafl�ddre��d to <br /> Borrow+r at tM pr Y�ddnss a�ny ot�ver eddrss�ttwt Borrowsr hu uivsn to Lsnder.BorrowK w372 p�v� MY notice to L�nd�r by carti(i�d <br /> - = " mNl to Lmnder'��a on pa0e 1 oi thb dae�ai r�"t�a1. or ro any other�ddroa which Lendsr has d�ti�tund.Any other notice to Lender shdl <br /> - �• '���� be tent to Undsr'��ddms u st�tsd on payr.�a9 t�i�tlaad af trutt. <br />_�.`=`?'�i..� <br /> _"';J��'�- A�V�tice�hell ba deemed to heve beero gfaion ta 9urrowsr or Lendsr wMn fl�+ron in the msnnar stat�d ebow. <br />-°;:tF:,.;.11 rR� <br /> .'��i;•.�,,;�:: 18.Trnu1M+�m�f tdn�PtopwtY a�s«�C'�il InC�rwt M tFN YorrowK.if s'd a•my p�rt of tM propertr�r My intKest In it Is wk!ec�ta�na�trrod <br /> ^' '�r��, ��� without Ls�+lln'r':: prbr writt�n con�snt, l.rondar moy d�mand imrt►�d'e�2a �pnY�nt of tM secursd d�-Undu m�V ���a ��� +mmodi�te <br /> ''% • �"� mayment "rf�N�v "�ow�r is rwt � n�turo�•norson and• ben�ticlat trt:er�ast io the Borrower le sold a tnnsterred.Hovwv�r, L�r.cil�7 m.��v rat <br /> _±�;'.�:..i' �no;nand paYment In the�4nve situetions if t��i prohibitM beq tederN law ax a9 chs dae o!thie dnacf ol Vust. <br /> - �•:,:���.,^ <br /> N" `:, a.ff,H�eonwyrnca.Wlum st'x�'olipst���saeurod by tt�+y¢Ynnc1 2f teecsA has boen paicb, arncl I,endsr Mt no IurtMr obG�atiarn to make wnc�t ' <br /> urxler the instruments a a. •v�mtlnta YA��d by thiII derif�t irust r,�,�4o�stae a:�aw„u;�n written reepwrt by tha Lsrtdec, rsconusy the tvuct <br />� '� •'' propeny. The Lander shiW�'+��w to the�rower,or to Borrowsr's a�cc�ssa�in ir,teaQSt,the trustde�d�nd1 the �ot�cu otN�e�•��rid�arres of the <br />�.'i�� oWq�tan co setlsfbd.Borcavwr�hall pay any recadation cotts. <br /> n.....,.. �. i�..d.r•a oo�bn. m�v romove TrustN �nA appu:nt a wccasta U'usWra hy first, m�i�irp o,cvryDq�ot tM <br />;��:�,.-+•-�.-- �i, auca.:::,: :. icabl�I�w,erv9 41�ca'r,.Rry idinp the tuot[m�eacn r,i ausiN iIXncvruir�ii�i a��6S.:.:c:�.�.�.a..:...._ <br /> =y�?t' sub�titution of tru�ii�+r i�eqt��Y�Pa <br /> :.a�:� � of e�ch county In wHk�t s9�a nv:t property, or�ome px�sAaran�.�s�1twt�d.Th�e zu��assor truste�,w:thout convR,+sne�of tM pro�rty,�hdi <br /> - succ0ed to ell tl+e pow«',c�r5es.�uthority and title oi the Tcu�sr�s namee irt the d�t u1't�vst�nd of My succs�wr tru¢m�. <br /> , ` , <br /> . .. .� <br /> :, • , 1� Ip�p�?.0171 <br />, . �„� EIlIKERS SVSTEMS.IHC..ST.CLOVO.MN 66�01 I1�S00�7Y7'�7��)�0�a�'�"�T4'�����ro1 <br /> Y� :.�. <br />- ....�. .....- .. -�. .._�._•-�w.ryk�wcnw u.�,..T•�....�.,.z:'7tt�".=..—_ ----`�-- ------__ .. <br />