|
1 , F,'f .. i n�,:� , .. r 1!+r.. .' , .w.,}:iJ:t.^, . _L'C=_.
<br /> b
<br /> • � ,f • �r � .�I�V:'�:�Jt.' -.�.r.�'-
<br /> . . _ .� -�'-�`- �! .'�'.L�.• . .`�S4iw..{ ..�'� ;� .. . .M y,� a .' __
<br /> 1��V,4Wrw��' e '�Nti��fu+4�W�.'rtiil.. ��Y�Ii+sJS ..w..�.�....�.k i.��-rrr4-�••� _ _�.....,_ ..� .v '_
<br /> �� ''�i:'77�iit' idhli�561'� :T�......_
<br /> . ...:� :t�i.. - .–•--_.�.. _ ...
<br /> � . RERECQ�DE �8� 1���0
<br /> L (��� 1d��
<br /> or obsoleta, providcd that snch jxtldlinl pmpert ie nplacal with other personai property xt IcxAt aqual ia vdu�to the _
<br /> �I� �i�� �1U�.�� � � ;,�� �!}�. �r.t�ntl�n device. securlty agc+a�ment or other encumbtance. Such -
<br /> ncpl�cemeac af paso�prnperty wlll be deerned eubJxt to the gecurity interest crexted by thie D�d of Tnut.TN�tor ehsll
<br /> not putidon or subdivide the Property wlthout Beneflctuy'r pdor written coasent.BeneftctAry or Bencflciwry's �enu
<br /> rnny,at&acficiuy's optioa, enter the Ptoperty�t way ttaaonable time for the purpose of inspecttaB the ProDettY•Any
<br /> iuspection af the P�roperty shall be entlraly for Beneflcitcy'e benefit and Trueror wUl in no way rely on Benefici�ry'e
<br /> inspection.
<br /> 13.AUT'HORITY TO PERFORM�If Tn�stor fails to perfotm�ny of Tcustor's duties under tbis Deod of Trust,or usy other '�'
<br /> mortg�ge,dood of tmat, aecurtty agrament ar other lien docummt Wat has prtodty over WIa De�d of Trust. &nefietary
<br /> mey,without notice,perform thc duties or cauae thcai to be perforn�cd. Trustor appointe Bencficiary as attomey tn f�ct to
<br /> Riga Ttustar'e n�me or pay eny ama�unt t�eoeas�ry for perfomianor,r£amy consuuctlaa on the P�+nperty is dtscoattt►ued or
<br /> not cur�al om in a reasanable manuea,lBane�ciary may do w�.au►eve�r is r:necessary to protect Seme�clary's secudty intenst
<br /> in thc Prope�ty.'TR�i.s may�ncluck ownapl�t�g the coasna�ctnon.
<br /> Beaeflci�sy's m� to perfarna for'll�sa�or sh�l1 not cc+�te aw v�bliga�¢6oa tape�a'rma,�d B�eferarg�3��41(rG W�4TilA
<br /> wi�➢1 not p�x�eade H�licaary�+�am epcert��uxg cny of Bearfecta�ey's va1�r rig�ts i�mr�er et�e law aa ol�i.�D�eed o�'Thnst.A,q�r
<br /> ann,aimta Qakdi t�y AareSciuy for inx.�rr;�z�, Pnes�n'Ing or otherqrn;t�pa�ta:t3ng tt�e Pro� an�l�e�e�iciuy's ao�vo�tY
<br /> nAxersst wn6h�:�tlue oA dCmend snd viY�13r�tt fnieteSl f[oJri tlle d7�Vt�Pir��he pAyme�t uatll paidl t�f:�►.t�at tbe in3atest r�ia
<br /> �6s�ct fnwi tirne W tlme�ocording t�th�c'«nc+s of tlre�vidence of 1'�'hi.
<br /> Il�I,:_,SI�NMEIV7'OF LEA.SF.S ANID 131R.".�I'S.Trustor irnvocably granta�oonvay:;wid sells ns acMittom�Il�:rarity�11 tLe
<br /> r���Y.tide�nd i�terest in aad to�ny avrl��9: ts f�wr the uae aad
<br /> A. Baistl.ng or future le�tes.subloacYrs.liocascs�Buuautiea�od any other wrItten or verbil agcxm�
<br /> occupaacy of anypo�cioa of the Pmperty, in�cludiag aay extensioas, nnewds. modfficadona or aub�tiitudons of
<br /> such agc�eements(u11 nfected to a9"Leases")• sIta �u�fmura reat,
<br /> B. Rente, isa��n�nd a►�»�its(ill nferred to�v"Reau"),inchWing but ao3 QP�ti,ttd to secudty depu � -
<br /> P��eauBe rent. ajdclitiowd reat� common erea mainten�nce cbxr�cn.. �n•r'�.;ing chargcy. real ea�dxrx a�rc�� �ther —
<br /> applicable taxex, insuraua pt�tninan contributions. liquidat�ai dam�g�a:rufi^wu►g Qefiult,cancel➢�JU ptaniuma�
<br /> "losa of reate"inatrt}�+�t,ree.^��.w c�,roy�lNa�Pmoeed�. bamao�es.�the wtale ro��ohicU'1'Rts��Y have
<br /> thu in my way pertalm�ta a�ir 3s or.eocount of tLe use nr oocupu►cY
<br /> Tn�a�or wUl prowpdY �a�nci�e hReu�r3uy wlth tn�e �ad wrrax cople�of all�xluin8�n�d thture Lea.�. "�tusWr mry
<br /> collect.raxive,eilloy�el use i!�l�t¢nrs ao long�a Tcustor ls not in defuult."D�a�aRnr will not wlixt in advansa my Reats
<br /> due in £u�,�Iiar��tS�t��t� �:��Mar firi obta�P�efic!�'�written cen�at. Upon defwtt,'IYuacor wUl rec�eive
<br /> uty Rents im uwt for BaxRciary asad�i hustor wiU aot commia8i+c:�tr keata with any otbts fur�ds.Any aabunn wiiexxod
<br /> ah�U l��prpl ic��t&tlefi�i�cy'e diaCre�ion to peycaeats oa the Secuused Debt ae thenln ptav�r�Jeed,to oosts of=n�oagin8 t6e
<br /> pmperty�inctwling,baet aeat limtted to, all texes�aesascnente�insui�s�ce Pr�itn�� KPairs, and oommlaio�w reaW
<br /> aga►ta.�ad to wy other�ecessuY relued eapenses including Beneficiuy's attornc�s'fces.paralegal faa and court ooste.
<br /> T�uuor acknowled6a that this�ssignment ie perfxtod upoa the rxording of this Doai of Rkust and tttat 9eo�fld�r}�it
<br /> entitled w notify my of Ttuator's tenante ta meke p�yment of natts due or to bxomo due ao Ba►eRct�ry.Howcva►
<br /> geaefici�ry sgcees thet oniy on defiul2 will BeaeReiary �ootit�TRUSWr uid 7Yuawr's tearnts p+ad meke deaund that aU
<br /> fnture Reats be ptid�diraxly w Heaeflciary. On raxiving the nat[cx of defrult�Tivator arlll eadaise and d�Uva w
<br /> �duY+u►Y 1►iYmants of Rent in'Cr�stor'e posseasion.
<br /> 'I1�ustor oovenmtx du�t ao defiwlt exi�te under the Leaaci or aoy npPlioable lmdtoi able 1��+.Ttunor wtil ptompclY�f�►
<br /> to aoainuln. pod to require the teaanta w.aomply with�the L.eases nnd�nY�PP
<br /> Heaeficiuy of my nonoomplianoe. If Tn�ator neglects or nfusee'to�nfome oompliaooe wlth tLe tenm of tha Lasao, thcn
<br /> BeaeficEuY mry, at &:peflciary's optloa. enfot�ce r+omplimoe. 'i`tusWr will obt�In Bcneficiary's wrltten anthal�itdon
<br /> txfore'huatar conaent�eo sublet, rnodify. cawoel,or othetwise alur the Leasa. w acaPt the snrcrnder of the PropettY
<br /> covei+ed by� L�euea (unlest the La�sea sc►cequine)�or to aiafgn.compmmisae or eflcumber the I.e�r�ar my fiaaue
<br /> Renta. TYuawr wili hold Heflefictary humless aad indemnifY Beneficiuy for any�nd �li 1�abilIty, loae or duarge that
<br /> Benefictuy mty�ncur as a consequenoe of the ustgnnYat uader tbia aecHoa.
<br /> 15.CONDUMINIUMB: PLANNED i1NTT DEV�LOYMENfS. If the Propecty includea i unit in a condomfnium or a
<br /> pluu�ed unit devdopmeat�'hustor will perfoccn aU o�FTnutor'�dudes under ttie oovenm�.by-lawa�or i+cg�ideflom oi the
<br /> condomintwn or pl�naed twit davelop�ent.
<br /> .. 16.DF.�'AiILT.Trustor wIll bc in defau9n af�y ef tbe fa�9iow)ng accie�:
<br /> A. AaY P�Y obllgatod oa tDe Sec�,ur�ed Debt dai��ta ro�lce p�yment when due:
<br /> B. A brrach of u►y taui or c�oveaaat ia t�es�I�.ead of T�uat,aay pi�Or mortg�ge or any oonetrucdon.�cnx�n�t.
<br />- sxurity sg�snenl4+r ��y otha doc�m�'a a:�r.i�}rmcing,8narantYinB, sa�In8 or otherwiee trlaaiaAB�Q�t!►e Se�ued
<br /> �' statement or warr�itt�10 Beaefaci�rY th�2 is.falee
<br /> � C. The ca�king or tumi�h�a��ff srr��vetbai or wrltten te�;s�s+ert�Hon,
<br />- or tnoorcect ia any maernafl m°:�.P�.K;�;r Tn►ator or amy�esrs�a or entity oblig�tod on i��ao�9 Debt:
<br /> � O. 11te death.dissolutioa,��icmu�n�m:�P a tooeivep fc�+r,,,,c��r application of any debt��+nr.C�:a2 taw r.�.'I'tustot o��rsu:
<br /> person or au�rt��+,bllgaud mn��s�ec:urod�'E�n; � cxsoa or ent�
<br /> E. A good faitIe i�.r.'lic4 by B��Reiery i�m��tl�e�s.u�aa 1F,�nePictary ia insecure with res,paet u��v IR.: �Y
<br /> �(!nli.gatal on�ihL�red Deb��r that U�a pr�r;�pear cff.m�r�pWtment is imPaind or tbe Pac�eCrr�s��:�p�ti;u�;
<br />= F. .(�!�mu1�ICiIa1 JldVCl6e Ch71�JEe iUA'lf'7�ltOI'e bU6111e3t 1DC7aDIifiGlag•avaerah�p.m�a�Banent��P 1��i�1��t•�fHoa,��hi�ch
<br /> `'' �'ru�teciary in ib op�aion faa�i;:tirs impsira the vtEuoe a�ft�hu IPeopaty or repaymeat�ff tEse�tavauat+�9�ebt;or
<br /> - 4�. My la�proceed�t�ne rne,e8 V'���putpaee�a r�D�D cot�tnlfuu to exoeasive erosioa�f�T/�l9�►1 e1er��tmi,b.,l�e lanoIdn or&�If�e
<br /> ..�.��_.� ��:.,..ew.,.t .n.wwvlitv ea Alrthrl Cmin3�I1ti:/'C..I',.�G.1C1ac 1TV��1�
<br /> ._ �/� yp��9�Oa VE�GTlm{ii wI(�7�V{n�w�aa�j�a�.�ea�� �+—'--'" ' • -.
<br />= 11Dn IG�W��l:t�..
<br /> 17.RF�ON DEFAUY.'T.Irn sasnx instmces. fl".QlL�L�H�iLG�iW VYIU POQUIt� BCA��T�''f6�Cl]4rC1�TR1SW!WI1I1
<br />-= nodce of tiie rigDt to cnre� m�Siiaa�.irns notiop or ot�er nnt��rcd snay artafilish time sclbaduiea far 1`arer,iaure�as.
<br />- S�bjoct to these limiutions. if ury, laeeaeficiary may�cc,�x:�a We Socured Deb��nd farectoe�tLis l�d of Tn�at in a
<br /> uvnner pmv{ded by lsw if this Trustor ia in default.
<br /> - � � ...
<br /> ..:,�:
<br />-- pp�J o/6
<br />_ �. � �.: �.
<br /> CISl��Mltt�f 6YNMn�,Mc..6�.GIaA.MN 11-e0P7�74141)Fa1t0 A(TJ'CODT�N!tOAOM r� "`�� .
<br /> 7
<br />-.:i
<br /> � --
<br /> ,�
<br />
|