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<br /> U��lr�y othdrwinu sgra�xl in wridng,all in4urancn pn►ceeds hhall Ms nppliexl tc�tlw rohroration or r��ir c�f thn Prnp�rty or to _
<br /> Nw Secured Ueht, whether ar nat than du�.At BetwficiKry'N upti�►n. Any Applicrtion c�f prcxxeals to prirn:ip+►I_nhAll ixx
<br /> dxtdnJ or pawtFwnn ttw dtw dxtn af ttw schedulwl p+►ym�nt nar changtl ttw wm�wnt of any pAym�nt• Any rxce�s will lxs id
<br /> x yI p� p
<br /> to tlw arancor. If the Prc�perty if��4 �ac uyyit�iun shslly�r��c ta�Butwft�hary ta ttw nx tlnt of ttw Sccur�dDeht i�mm�xllately
<br /> from drmxga tc�tha Propcsrty txs ttxs y p '•
<br /> twfaro the xcyuisiN�n.
<br /> ?A. ESCROW FOR'�'AXES AND INSURANCE. Unlc.ky oth�rwisa providdd in a separata agrYemrnt, Tru,tor will nc�t t+n
<br /> reyuirod to p�ty to Batwfiai�ry funcis for tnxc:s anci invuranca in cs:k:ruw. `
<br /> 21. FMANCIAL REPORTS AND ADDITIONAI.DOCUMENTS. Trurztar will provlJn to Btlneficiuy uPon n:yuast, any
<br /> finuncial statemaM or infom�aUon Bnt�ficiary mny d�m reawnably ntica+:rary•'1rivAtor agrew�to Kign,deUver,and filn any
<br /> abligiation.w unde�tnhi�A�Sticudty In trumd�nc ac�icl Btl�ficiary�w li n�t�tus pn�the Prup rty ct.cantinu�.ancl pmsrrvd Orarttar's
<br /> 22. dOWT AMD 1NDIViDUAL LIABII.,ITY; COSIGNERS; SUCCESSORS AND ASSIGNS BOUND.A�I dutitls under
<br /> this Srcuriry lnstrwiwnt ata,Eaint and indtvidual. if Trustor:cigns thin Securiry insaumCnt but does not si�n�n tividenotl af -
<br /> debt. Ttustar dae� so only ta mortgagtl Trustar's interast in th� Prop�rty to becura paymeat of th� Securect Debt and
<br /> Tcustor Jass not agr�to be parson�lly liabla on ttw SCCU�ed Debt. If tl�is Security lastnta�eut securati a giu+rnnty t�etwean
<br /> Ben�ficisry and Tntsror.Tiusror agrees to wuve any rib•ht�that may provant Benefici from bringing any ecUon or claim
<br /> m
<br /> agAinst T[ustor or any party i�xldbtc:cll u�xi�r th� obli�gadon. Thes�: rights mtY inc ude� hu artl not limiteci to. any
<br /> anpilefteleacy ar o�-action laws.Trustor agraes that Heneficiary and any p�uty to this Security_lmtitrumcsnt may eatdnd,
<br /> Su hi a CII�n�gkWIII 110�ftl�CB.ti�S T[UfiIQT�Cti lile I T[l19 Qf"thls S�ec�iuity I�pucnent.'Il�e du tes ancl�b�nufit of this S�r.curiry
<br />� L�trutnent shaU bind and benefit thn sucec�sors anel aw4iga+af Tcustor and Bet►eficial.
<br /> 23. AP'PLICABLE LAW SEVEItABILITY; aVTERPRETATION.ThiR Securiry Instrumesnt is govemc�cl by.the laws af tlw
<br /> ,jwIsdictlon in which�naficirry is locstecl.tlxcupt to ttw nat�snt othenvlsu requir�ed yb the lawa of the JunsdicUon whero
<br /> tha Property ia lac�ted. Thia Security Instrumant is cc�mplete aad fully integrated. 'Il�is S�cadty Iastcumc�nt may not lx�
<br /> Ameaded or modified by oral Agreement..Any sectlon in t�is Securl�y Instrumant Rttachments,or any agreermsnt mlatr�d to
<br /> tl►E S�cured Debt that conflIcts with applicabld lew will not t+e effec�iva,unl�ss tliet IRw eaprc�ssly or impliedly pdrmiGs ttw
<br /> variatioas by writtea Agreeinent. If any section of this Secudty Iastrunwnt cannot ba enforced�cwrding to ite terms,d�at
<br /> sectiou will t►e sev�sted and will txK affect the enfarcexbflity o{the rea�tnddr of tbis Secwity Iastrument• Whenevtlr usticl,
<br /> the siqgttlar shall include ttw plural and the plural the siagulxr.T6e cApHons and haxdin�ga of tb�sectio�of this S�curity
<br /> Instrument ar�for convenience only and ara uot ta be ustld to interpret or dafiae tho terms of thia Security Iastrument.
<br /> Tim�is af the ess�nca in this Secunty lpstrument.
<br /> 24. SUCCF.�SOR TRUSfEE. Baaefici�uy. nt Banafici�ry's option, mny from tima to tia�e ramove Trustea Atxl appoint �
<br /> suc:ees.wr M�stas withcxit Any other forafality than tha desi�sttIon ln writing.The successor trustee,without wnvayanc,�s of
<br /> t�e Proprrty. shall succeed to aU ti►a tit�e, power and duiir,� wuio�t�; u�u Trust� b, !l�is Sec!srit; lnstn�ment nnJ
<br /> xpplics�ble law.
<br /> 2S. NOTICE.Unless ot6erwise r�yuinYl by 1aK'.anY notice shall be given by dalivering it or by mailing it by first clpac roril
<br /> to tho appmpriatap�ty s address on paga ( of thfs Secudty Ineuumant. or to tny othar addre.x+desigt�ted iA wr�Hng.
<br /> Notice to ot�hurto�r will bc�deemed ta ba noctca u►d!M�stors.
<br /> 26. WAIVERS. Bxccspc to Uw tlatant protubited by law. Tn�tor wwive.9 all apprnisement and homestexd e�xemption rights
<br /> relating ta thtl Propdrty.
<br /> Z7. OTEiEit TERMS.If ahackc3d,ttfc Following arC appllcn6la to this Security Insuument:
<br /> � Llne of Credit.'i'6a S�:cured Debt includes�re�volvlog llna of crddit provision. AlWough tbe SncureJ D�bt a�Y lw
<br /> recluced to a zero Mlance.this Security Instrument will remsin in effdct until�lr,aeod.
<br /> [J Cw�struetlat Lapn• T'his Security Instntment encures�n obligation inaurtod for tha coastru�lion of aa improvemunt
<br /> on Wa Proparty.
<br /> ❑ Fixture Fl1ing.Trwtor grants to&snnficlKry a security iaterest in all goods that C•rantor aw�now or tn the future
<br /> and that are or will become fixtur� rolated to the Property. This Secudty Instrumont suffices �a R financing
<br /> statemed and any cAr6on.photogmphic or ather t�prcxluction may ba filed of record for pw�pps�s of ArttcW 9 nf tha
<br /> Uniform Commercial Coda.
<br /> ❑ Ridp�s.The coven�ats�nd tg�ments of estch af the dders chCCked belcnv ara iacorponted into aact stsppl�ux+nt a�xl
<br /> amand the tercns of this�ncurity Instrument.(Check All applicable bnxes]
<br /> ❑ Candominiwn Rider ❑ Plaantld Unit Davtlloprrwnt Rlder ❑ Othar..................................................
<br /> �Additiawl Tern�s.THIS Nl7IE IS SDG'UFtED BY A SEPARATE DF�D OF TRUST L1ATF9 08�26�97.
<br /> SIGNATURFSs By�igning bcslrnv.Tn►etur agrrxs w tl�trrms aml a�v�nants containcxl in this Sxudty itutrumant and in any
<br /> attachments.Tcubtor also acknowledges r�ipt of a copy of this Security Instruraent on the dAte sutnd on ge l.
<br /> ' � �-�:............................................... x. `?.�:c� �............... ....
<br /> �....�...7....... .. .. .. . .
<br /> cs� nturc)K.C. HE�IIQf� (Detc) cs+�rowro�AEBORAH M�� cne�c�
<br /> s
<br /> � ACKNOWLED4M�:iV1':
<br />;� STATE OF r�.. ��c................................. COUNTY OF� ..... . ....... .} av.
<br /> � am�.w�.0 This i�utrunwnt wati a�wIF�ford tms this �e6 ..... du at.... ..���r..,���7................
<br />:.� by �sCr..�'l�r. ..���r.��. ...... .. . .................................. .
<br /> `9 My commission ea � .���L
<br />:_ liUSSEII K JENSEN .. .. ... ......:. ......................................
<br />_:� GENERAL NOTARIAL RUS K. JE�d �Na. t+�i.-1
<br />-"� t 1 Yob 9r+k�n Srtt�m�,Ine..Sa Cio .MN ����IrAR[DT• 1 T/Y3/OE Ipage 4 of t)
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<br />: _� Comm6sbnExaRs
<br /> Deoemb�r 28.2000 ,�..
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