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�i..'•� . .. . ... . .. ..�r.. � .. lu-,_i�+'_.-.__' .. , R p :�-_.4�'r`...... . .-..-.r..��.- '.4:..: . . .. + . " . :�v.. ._. . : .. �.......w' ...• '-------- '--..�,_ _.�.. . ti.d::ees� r b,. • . '6:•: _ .. -n-..�-.._.��....__._'___- _ -_ d�r ��7 Unlcsa otherwise agreed W wdtiaa,ull insurance proccrds shall be appliecl to thc restoracion or repair of thc 1'ropesty ot to the Secured Debt, whether or aot thrn due. u Beaefictnry's opdon. Any applicatloa of pmceed� to principal thai�nn� extend or postpone the due date of the e�:heduled pa ment aor ch�nge thG u�wunt of my psyurnt• Any excesa wiU be p�id to the Gaentor. If Wc Pcopeny ifore the�acquiel�ion�shul�Pu�°or'�e r1�ACftyoto y��o�u��Y from dunage to tho Property be t i W before the acqu3alttoa. � Z0. ��o p y oTBe�i�efci�d,for�taxes��Ins�uraa�ce!�crowroV;ded in a separate agrament.Tnutor will noc be — e� ��xrt�t. QFr�(1RTS ANl] ADDITIONAL DnCUMENT9. 7'[usmr wlll provlde to Beneticiary ugoa cequ g��Y � fin�oct�l satetacat nr Wtbmu�tion Bencficiuy may dam rasoasbty nc�sarY.Trwiu,«�.cG,w a�n:..�c:,,...,� "� � addition�l doc�menW or certlfic�tiow that BeaeRciuy m��coasider aecessuY to pedect.coatinue.and preeerve�rauwr e obligatioas under Wia Securlty Instrument md Bene�cjary s liea stacw on the Property. 22.JOINT AND INDIVIDYI+�I.LUHn'ITY� COSIGNERS: SUCCE5SORS AND ASSIGNS BOUND. All dudes tmdM' tIlIB SGCU[I[Y IASlIUI17�AI 8PC j011l�811A IIld�Y�dud. if Trustor signs this Se�urlty lastiumer►t but Qoe fno�te 5eciu d�Deb and dsbt, Trustor does so only to mortgage Trusror's interest in We Propert�r to secure payme �� Trustor docs aot agree to be pzrsonally liable on Wc Securud Uebt.If tWs aa.vrity la:tzumau secura�BwrantY Heacficiary�ad Truator,Ttuato��O�theyo�b�Uitlo�n. T�hac�ighta tnry�incltWe� but�aot ylim�ttd to.�m agaiast Tcustor or �ny gaccY to thi�S��ity��Y + and-defieiency or one-acfion laws. Tcustor agrxs that ficluy u►d mY pu� maiify or m�lce any chanBe in the terms of this Sxurlt�Instnimeat or any da�ce of debt wIthout Tru�tor'r�• I�ns�tcument��`a�b�a Aa�r��t►�°`su�o��i�ftln f,�or A�nd��rne�ci I�dutks�ad benetits of this Socudty 23. APPLICABLE LAW;SEVERABIL1TYi��ETATION.7Lis Socurlty Instn�uxat L govemed by the liws o£the jurlsdlction in which 8enefi��iary is located, exr.ept to the extent otherwise required bY_thG��nt�� �e p�Operty �s located. 'Ihis Securtry Inauument ts camplete and fully tntegratal.'I�� ameaded or modifiod by oral agrasnent.Any axtloc�in t6ls Secu�i �s�t �,ar�ay��1O ehe Secumd Debt that conflicta w(th applicable law wUl not be effce�ve.unlesa t{�at law expmaaly or impliedly{xtn�ite tbe variadoas by wrlttea sgree�c.If u►S��ttoa of thia Sa:urity Instnt�t c�aot be arforoed sccord�g to ita ta��th� secdon wlll be sevcred and wW not�tTect the enfot+ceabllity of the�a�r of t�s Sea�ty�S�t.�'a wed. n the singular sbell include the plural aad thc plural the siagulu.Tde captions and haidinge of the secdona of thtt tY T�ime i�s of�tbe essence in dis�Soc�u�rliy I�nsm�imeat to��to inte�pnt or deflne tbe tera�a of ttus 5ecurlty I�t. 24. SUCCES.SOR TRUSTEE. Beneticisuy,at BeneficDary's option. may trom dme W time ranove Tcustee�nd�p�po�• sucr�or izustee•�ithQat�y�rher fora�altty than the deslf+�on in weidng.'Ihe sueoessor ttusta�without conveyanx of - We pmperty. shall sucx.eed to aIl the title. powu and duties conierrod upon Trunica�y ti�is .�sr�=3 ' ' � applicxble law. 2S. NOTiCE.Uuless ottcerwtse required bY�aw anny notice shall be S�ven by deliveriag it or by m�iliag lt by ficae claW m�i1 so tbe aPP�P�P�s address oa page t of this 5ocurity lasm�meat. or to any other addraa designtted in writing. Nabce to�ne truscor w be dee�ned to be nodce to all tnistors. 26. yyAIVEItS. �xcept to the ractent pro6ibited by law, Trustor wdves dl appraixmeat aud homau�d exat�tioa�Bhu relating to the�roperty. Z�, pR'�R TE�RN�3.If checkod.tha following are apPlicable to this Security Insmuneat. �Line of Credit.The Secured Debt includes a revolving line of credit pmviaion.Although the Saaued Debt mnY be reduced to a urn balanYce.thia Securlty Instcument wlll mnatn in effect until relaeed. O Constnxtion Loan.'ihis Sa�rity Instn�me°t secures an obligatloa incucred for ttte conaauctioa of�n imprnvaneat oa thc Property - ❑ Fixture�ling.Tiustor grauts to Beneficiary a secudry interest in atl gooda that Grmtor aw�ua aow or in the tut�ure and that are or will become fixture� related to ihe Pcoperty. This Socurity Insmictxnt �ufffca u t finme�nE � statement aad aoy cacbon.phocographic or other reproduccion mxy be filed of reoord for pwpoxs of Artkle 9 of tLe Unifomt Commercial Code. O Ridere.The covenants aad agreEments of each of the dders;�ecked�o,w ue incorporatod inw and supplcmeat aod - u►�ed the tcrnLS of t6is Securlty Iastnunent.[Check all app � Condominium Rider 0 Planned Unit Development Rider ❑Uther.................................................. ❑ Additional Tesv�. SIGNATCJRES:�iy signing below,Tcustor agrees to the terms and covenants contained in thia 5ecurity[nsuument and in any attact►nxnts.Trustar also acknowledges n�eipt of a wpy of this Security Insnvment on the date atnted oa page 1. - S�I� EiC�.S, IIVC. `� (S�/igcrNre), ..,..� .....�arc) • (Slg�uaM)........................................................��)• `� rx�lmv �Stnrr�stt�l�_ -:� ACKNOWLEDGMEIVT: A-'- -- �A I ..�as. -=. ........CQUIV'I'Y OF... ....�..... ................................... .. 5'I'ATE OF ....L�i�............................. _ n,d,.a�u, This instnunent was ecknowledged before me this ...Gj.Q.�..4.'.....day of...�GS�US�............................... _- tb�yY...�..s. . ....�StMtMMe�r�............................(�:G�.}^:r�?.h.f.�:t�.y..�„�. ................ � DA11t0 R.HOEFQE lNauY PuNk) i AIY OM�II,f�►,Mw.?l,19!! -" !tE•OTaiE 1 YI$3166 /pape 4 0/41 01894 Benk�n SVil�me.i�t�.St CbuO.MN s� ��:r � . . . . - . .. . . . , .. .. ----- _�..� ._ .... . r. � .. _.. . .. _._ . . _ . . . _ _ _ _ _ �.�.uy.�,.��._._y�.. , - _