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. . ..�.�� , . .. , . . �:.�.. <br /> �:�:�... - - <br /> .� ::- � . � .; . :-� . <br /> ,..:. <br /> : � - - � _ _. - <br /> _. . . . � . <br /> �.:.. , <br /> . . .: ... . . .. .. ...... . . � - . � _. . . � , .- <br /> . ,. , <br /> - �r�- �...._._._ . .. _�:�`..._..� _ _ �<: _.... - _ . � . _. .'... _..�.._...,___...---�-- �_.,�__�:�:""c"�._ , <br /> ----- �� �� <br /> . .. <. ��� ���� -.. .._ _ . <br /> . �� � � � . <br /> ._.. , . _. r _ � , .; <br /> �::::. _. <br /> B.Aq fuiu�advaaces fmm B�eficiar�r to Tn�swr or octier future obh�gations of Tmstor to Beneficiazy�aay <br /> •" . ; � • pmmissary note.conu�t.guaranty.or oiher evideace of debt exec+ued by Tcnstor ia favor of Be�ficiary e�ed <br /> . ,; 's after this Secvrity Insuument whet]aer or aot this Seciuiry Inst�ment is specificalIy refereaced. 1f iuore than one � � •; <br /> � 'i petson sigas this Secauity lnstmm�t, eac�► Ttustor agrees t h a t t F s i s S e c�u i ty I n.�^t s u m e at w il l se�tre a t l f u t t t r e _:"�;:�.%;rs,<;��:;;s- <br /> advanses and future obIig ons that are givea ro or incurred by�y vae or�ore Trustor,or aay oae or ffioie T�r ,� <br /> � _ � and otb�s.Ali funue adv n�ces aad other fimue obligaffons ace seasaed b� tLis Se�ity Inst►�eat evea tRaugti all • . <br /> ':-4 or pazt azay uot pet be advanoed_Ail fimue adv�ces aisd.otHet 5�obUgations are secuted as if�de oa t3�e daze `� <br /> � .; of this Seiauity Insbnmm�t.NotHing in tHis Sean'ity 1ns�t st�all constr�te a commument to malte a�ditiaaat or <br /> < = � future loans or advances in any amnunt.Any sach cam�t IImst 6e w in a sepatate�'vretiag. <br /> •.:�- -„--�' � C.AU obligatioas Tmstor owes w BeneSciary,whic�may tac���,�i e�euent n�ot proMbited hy taw.iacIud"amg, T � <br /> �'�r,5= - -- ; but aoi iimd�d.s�, !� far ,csv�+dr�f'ts r�dada� �,m�.?.�-�t:�mi agc�rnent Betweea Ttvstor aad �'�c�� ' _ - <br /> '"�'��� �. � D.All addi�uona�����F•�3; ��by Beaeficaarg,:c��i�^�..;, ^g cr otF��se protectiag ��� -`��{,f 'r"�` <br />_ "'���.�'.�'�`- ' [I1C P[�D(S�[S/�tL�uq31Tn`5lL�'c�2��S�3dv3IICCd aII(1 eR�i�ISts�i�.���t2IId�LC*�tettl'!S of(his lf: _. <br /> z�i,�i}r �e `� - ' ' .. � <br /> �'�5:�,4 r .3•i $ECUlIi}!�.�: �� ' - � �if y^r <br /> r.�':. . . .. . <br /> '� 'i7�is Secvriry Instr�t w�l not secure any oUter debt if Bmeficiary fails w give suy�{ui�ed notice of the right of i <br /> , - <br /> '' '. � tescission. 'Y °?'k`: ; <br /> ,. ';. <br /> ' .. S. PAYMENTS.Tn�swr agrces thaz all pa imder the Saa�ral Debt witi 6e patd when due and in accordance ariW t2te • <'�:• �-'�_�: <br /> Debt aad tWs S�Insuuauen� , °.., -� <br /> •; � ,-: - terais of the Se�aued h► �� " <br /> °•i' <br /> ' . �,� . 6. HrARRAI�iTY OP TY7'LE. Tcustor warrants that Tiustor is or will 6e tawfutEy seized of the estate coaveyed byr tt�iis � _— <br /> Secunity tast�umeat aad has the nght to irrevac�b3y grant.+rAavey,and seU the PropeAy to Tcustee,in trust,arith power of . .. _ <br /> - . �+.i �ale.Tcustor also waaants•that the Property ls uuencwnbered;except for enc�ranoes of r�ord. <br /> ' � '' 7. PRIOA SECUfiITY D�TEltldSi'9.WitII re�M W aay other martg�ge. �eed of mist. seauiry agrcemeat or ather lien '. =--- <br />: � . documem ttt�t crrated a prior s�carlty iaterest or easumbraace m►tbr Propertyr.Truswr a�: . .:��;�__.::.. <br /> - � " ''� A.To make all payments when due aad w perform ar comply with a31 coveaants. ___- <br /> � �-.�:::'� � B.To prompUy doliver w BcacRcisity aay aotices that Tsustor zeceives from the holder. "_ " .._--3__ <br /> . • : ` C.N a t to a l low an y modi&catIon or extension of. aor to t�e g u e s t any ti�ture advemces under any note or a�t °���` ^:, - --- <br /> , � <br /> ' `';.�s. secured by the lien dncumeut arithout Beaef�ciary's pr�or cvnaea conseat. _ '. ��� <br /> �.; - <br /> ,, S. CLAIINS AGAINS°�TI7 LE.'['iustor arill�pay all taxes,ass�neate,li�os.�caunb�ces,lease paymems,Smund mnts+ � - . <br /> utilities.and other�q es ielating w the Fro�y when due.Beneficiary mayr�wre Tiustor w pmvlde to Beneficimry �, � '" <br /> . � . �..;.. o o p t e s o F a ll�t i c e s t�s�t c h a m o u n t s a t e d u e-a n d t h e t o e c e i p t s evidca d n g Tiustor's p a y ment.'huswr wIll defead title tn ,:. .",' �, <br /> . : thc claims that woatd empair the llen of this Sectuity Iastra�l. R'mstor agcees w aasiga tu ";,<<�,;:�:� _ <br /> � ' Beaefi��as�b}�Beneficiary a�aghts,claita�or de€�s Trustar may have against partirs who sapply 1aLor '";?.: � <br /> - - '` or m�to mamtain or imprave the I�hoperty. � ;I; — <br /> ,ti y�''.' � �-. , eaaae balance of the 5ecu�ed Debi w � f'. _ � <br /> ,,�;� 9. DUE ON SAII.E OSt�HAt�ICE.BmeficIary may.at its option,�i�eaa'e , <br /> ,�;' •., be iatPt y d��1��t�a t l Ih6 CIe3tIoII of.OI COIItlSCt f0I tL8 C�61h�10� �ea,encumbrance,uansfer or � 1��t : -- <br /> t;h.�� sale of the PcoptztY-$�s a�t is subjoct to the zesMetians impos e d Dy f e c C�w(k��.R.5 9 1),�a pp l i c a b l a.l R i s ;�� ,: _-. <br /> ���. ' < � oovenant shall nm�is'r.,�e Property aad shall remain in effert uatil tLe De'�as pa�fl in fiill and this S�ctuity . e fi:; � ,�,.,_-- <br /> ��� :+_ /nafn�ment�S lpl�..��:.�' ._ � '�'!, — <br /> '� �--1 18. PIIm�TY.�'��O1V,ALTERATIONS AND INSPEC�'IOPf.'fms�or willkee�the Property in good�ti�ts ': � , <br /> '� and mat9e a11 ..r.r�that are neasonab�iy neoessary. Tn�seor s�ialt not camatit or aPlacv any waste, impalmn�&,:!a�r ;� , f, , r�, :_ <br /> --• - .= `�= deteri�af�.�perty Truswr will keep the Praperty t�af noxiaus cveeds�gca..ases. Tn�stor agraes c�tc u�,ie .- _- <br /> �� nature of the�.and use wUl not substantially c�ang��coat 8en.:fi' 's pria=�+retten consent.TrusWr wiU� � ,�v,�u �: ?�_- <br /> c rry <br />'�;, ., ,;�,. P�;�Y�-�e�. �License.resuicpve wvenant or easem�aa without����saty's�peiot written wnseat.Tmstor wiU . �;� �f; - <br /> ` 7 � +; notify Benefici�u�'�.�ds, pmcxedinSs•ctaims. and acximts�'1i��:r,t�rsd of ar►y toss or damage to the ,,� <br />�, �s�4,.. E �: prupeity, . ,, ; . , •:: � , , -- <br /> e�E�£L�+,��'1c Y �ii ' <br /> �''jXr����i'',�Y a�j�y,,�c� Ben..� ' os�'�s� r,�p,at Beaeficiary's�prion.eat�er ch��a�re��i�r.�a€onable Wne for theFiupose . <br /> `�,.��.,,• • of}��g cbe�y ����t.� Y sLall give Trus z aotice at t�e,c�'�af ai °'ad�'an w' specxioa s7,�e�c�fy�'n8 a <br /> ;�;-�,y� �•_. _. reasoaab2e purpo�'�the an. Any iaspectioa of the Propeny ��be entirety for Bene�iciary's 1 eFt and --- <br /> - -.__: 7Yustor w�is�so ws+��'�eiy on��e��ciazY's�• �. • . . .. . , �-_��. <br /> r. <br /> � � � '�: li. A[��a.'��`Y 7�ffi�SRFORM.If 1Yustor fails to perform aay.•d�ity nr assy of the covenants conta9ned in this Seauity --- <br /> - . 1as�z..�eaefEiary may. withoui natice. Perfmm or�.��zo to be performed. Trnstor.a�points Beneficiffiy as F'"�= <br /> � � sttora�i�fact to�gn Tmswr's aame or pay any�ount n���a*,�etformanoe..BenefrcIary s right to perfmm fo: _ <br /> �.� � �4' Tnutor shaU ua:a�e an obii�ation to erform.and�eneficf�rj��s f's{n�,��x��perfoim wiU noi pr�clude Be�teficiary from " <br /> at p :,�x�`w <br /> - - ~c .'-.-. - .� exenislag any of�ciary's other rIghta under the law or this Secun�:.I(��.�ent.If any consuucaon oa the �".:„�x.:•,':��. . <br /> � is dtscont�nued or,�eer,sarried oa ia a reasonable manmer,Beneflciary may�.��e all steps ne�ssary►to protea Benef� ." ,;,.: :,,c,;::_.'.: <br /> � � ' seeuraty intere,st in��4mperty,iactuding wmp2eaan of the const:ucdan. ,;;. . ,.,�'���•�.U�:;:l;4�t�a;��<<,. <br /> a�;;�i� . 12. AS�IGNNi�NT(D��d �3�dr.i�CA.REi�PfS.Trustor irrevocably.g�antg; a�nveys aa!!seUs to Tn�tee,in aost for�f� :!r��,�����"j�i��;.• <br /> AS'I <br />.4_ : ';. .�,��,. beneRt of Beaefi ' �:�ac�'u��secairity a11 the right.title aad mteres�t.in aad to agy.aad a11 esistiag ot funue leases, ,. :�,�'�,.� t:.. <br /> ,,..,,, _ ; sublease�.aaa an��a� written or verbal agree�aeats for the use atW yof a�r rt�on of the Property�iIIChltUtJp � ,..4'� , �., <br /> nr �,: �>'��; <br /> - . apy extensions,c�s';��s�s.mndificattoa4 or substitutions of sucb agre���� '..�4�'{211 ref�W•as"Leases")aad reats.iasu� a'�:r�; ���,4f.,�%f'� <br /> � ` � ti .��„ f:�•_: <br /> � -. � -.�r;�,� . aud gmfits(a:l.c��to as Rents"). 7Yustor will prompdy rmi�:�5:�arith uus aasl oomci �es of all� 'f';, < t?,'����`;� <br /> .. exisrsstg am�future Ge�ses.Ttuswt may oollect.zeccive.�loy�nse�1�t�eats so ong a4 71n�stor is ao�ln de anit uader .� ',t�{r <br /> • the G�af�af tLis SeCUdty Inst�tmoeat. �';!�<''�, <br /> . , .�,.� ., . <br /> � 'PrusEar actmmwtedges that tL�s asslgnrneat is perfocted upon th�recording of this Bee�nf 7Yust and thai Beaeticia�y.is : :�� ' '. <br /> , i:.. ..:;:� - ; <br /> ' entitled W notify aay of Trustor s tenants to make payment of Rents d�z�or to b000me due to Beaeficiary.However :_ <br /> - � B e n e f i c l a ryagrees t b a t a n l y o n d e f a u l t w l i l �e n e fi c i i ry noti f y Tnuwr aud Tcnstor's tenants and ntake de�a�nd thas a1� , � . .. . .. <br /> , � ' . future Reuts be paid direct�l rw BeQeficiary.Oa receiv�ng notiae of default,Tmstor a+itl endoise and deliver to Beaeflciaiy � . . :�. <br /> _ � any paymeut ofRents in Ttustor's possessian and wiil meive any Reats in tmst for BeneBciary and will not oommi�gte <br />- . . � the Rents with any o�hec funds. Any amnunts collected will6ea�pliod as provided ir►lhis Srcurity Inswment. Tn�swr . .t. . . . <br /> _ ' � i warraats that no defaWt exists uadei the l.eaSes or aaY apPlicab2e Iudlord/tenaat law.Ttustot also agt�ees to maintala aad t.:',;, -. . . <br /> - . , require any tenant to camply witb the tem�of the leases aad applicable lativ. � <br /> - . - . , � �' 13. LEA�EHOLDS. CONDOMINtl1MS• PLANNED �UN1T DEVEI.O�i�'&�. Trvswr agrees to coaaply witD tAe ;- -. .• . <br /> _ � provisioas of ttny lease if tLis Security Instmmeat ls on a teaseho2A.If the insludes a unit in g condomlaium oz a . . . <br /> .! ptanned unit develagment,Tmswr wdl perform a11 of Tmstor's dutie,s�md�nvenanu,by-laws.or negulations of the : : <br /> , .. i c:ondominium or pJanned unit deve2apment. - . <br /> .. � I (page 2 nf al �,•.. ^ ���• ,_,_ <br /> � • � .. <br /> =� '. � 0t98a Be�me Sys�rmx inc..St.C�auO.MN 11�80a397•23M1t1 iarm PE-0T-NE tOrl7i97 <br /> r � • . <br /> .. <br /> .. • <br /> � <br /> ,,� � <br /> ., <br /> .,. <br />,�.�. . <br /> : _.._ _ ,,,_...., . � <br /> F.� _: '" •.� ' . • <br /> j <br />�i;���� � 1 .j <br />_;i' _ , . _ <br />