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<br /> _ i� --.: .,
<br /> , . ." cave�wt+tTS � �O" ������ ,
<br /> ' ' t, Paymnnts• Bonower agrees to make efi paymenta on the aocured debt.when dua• Untess Bo��ower and Lender agree otfie�uv�se, any r' • '� .-. �
<br /> - payments lertder receives from Ba�rower ar far 8osmuveYS OertoiK Y+nu be s0A•����t to any amounts Bprrower owes on tha secured debt �,, ,_ � ,' _,., .:, ,
<br /> � ' exelusive at i�rterest or prineipai,seconQ to interest,and th8n ta pcincipat.tt partiel prepayrnent of the seeured debt occurs far erry reason,rt wiSl , ,_
<br /> � rtot reduce or excuso anY seAeduled payrt+ent untit the EeCUtfld deLt�s Paid in fult. � ' , •- .
<br /> � � Z.Clnims Against Thlo.Bonnwer wiU pay all taxes, ss�s5manta and ottier cP�argea ettnbutahis to the property when due and will defend titte
<br /> ' to the D�o08rtN$g���Y����i��[d impalre tAe Itan ot this daed oi.trust.Lender maY require Borrower tn ass�gn any rights,cW�ms or �
<br /> .� . , , �# detenses wfich Borrower may have against parties who suDpty faha*or matM+ats to imDrova or mai+riain the praperty. t( ,
<br /> • ; g.tn�rat�es.Borrower wi0 keep the Property insured under terms BceeDtaCt�to�eoder at Bortawer's e�ensa end tor Lende.'s benefA. A1I E ` �
<br /> ' � - insurance po iicies s fi a i l i n d u de a s t a n d a r d m o r t g a g 0 c i a u s e i n f a v 0 i o f L e n d e r.L a n d e*ti v i tt b e named 8s loss p a Y ee or as tha insured an any sueh f , .
<br /> insuranee poliey.AnY insurance proeeeds may 6e appUed,wiih�n Len�er's diseretion,ta eitAer tha�estoration ar repau of the damaged properN ., . .
<br /> or to the sewred dabt.lf Lender repuves mortgage�nsmanee,Basrowat egrees to maiMain sue�insurance for as long as Lender requves. ��: -
<br /> ;�
<br /> , . ' d make a0 rs aits reasonahty neeessa�V• � :. a • '.:• - "`
<br /> r Y= 4.?rap�t�l.Soirower w�l keeA�D�oDenY in gnad condition an P
<br /> __ ._,_ ef '
<br /> F",� r�t - ::
<br /> � '�5.E=p�sea.Bortowar agrees m pay atl Leader's expenses.inctudinfl reason8b[e attorneVS'feas,it 8onower breaks any wvenams in this desd � � :� �E� : ;
<br /> ot trust ot in any obtigation secured by this deed of trust Borrower wfU paY these amounta to Lendet as provided in Covenant S of this de�of •� -�*�y;:.
<br /> . . i� ;�.�y�,.:.,-'r,'�,,......
<br /> trust. ;ai.��',t,,��-;^.,�''';='s'.tiG�;
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<br /> ��-� 6.Pdor Saemity irtteroatn-Un�ess Bo:rower fust abteun�.Le s vinitten coasant.Borrower wi0 not make or permit any chanBes to a�Y Pnat -' .7•::, . .
<br /> . .; sacurity irterests.Bnaower w�t Pertorm all ot 8arn�rVettd(��+8ations under any prior mort9age, deed of Vust or other securiN agreamenG :���_. .: :�
<br /> : ,.� ; induding Bartower's wvenaMS to make PayRt4�ttt wiY4n!!�Ai.)� , �� �( �. _ �
<br /> ' ,�f 7.Assigrostertt af Rerna and?tafite.8 � .r;.�•� , :
<br /> a�qy�e�r�. tq.L�/,ittt;tent�ar1�profits ot the Property.Unlesa Borrower and Lendar have.ag ae�_ �f c� -
<br /> � atherw�se in writing, Boaower may�ca4g��is���n�t�ttt�c�tG ss tong.as,Bortower is not in defautt.lt Sorrower Qefauris. Lendet..Len�'s ; f4,��, �
<br /> .�,'.; agerrt.or e court appoirrted teceiver ma atld5�P=��fiiem�pn3�m4ti4$e:ttH p*oPe�S►and cottect the rer►ts.Any ra�rts Lender.cot►�ota ehFt�6e °� ���r��F�
<br /> ;; apptied tirst to the costs of managiny•�9 1•fntic�i+,rA s�u�c;eost6 arn1 attomall$"faes.eommisstons to re�agerta,and any oth�r '' 4y �u�?:
<br /> •.�� necessarll retuted exPenses.Th3 rEmarrunQ rrt�of�,tMt�t HrAt'tl►�aa9ty.ta PaYme�s on the sacured debt es ProvideIIia.K7auDniun 1. F, �x `,�`�-
<br /> 1.� . ' t�S��i" �� .. '-_
<br /> � . A �,;,tgaseAalds€CandomTaturcu;P[?nnad Utd3•Daarlt�uit�.9termvz�� eras to comply witt►the P►o�sians of a�y►e05s t�.le��axd of ttust is an ti • �
<br /> '� �.;u}sehold.t, th}s Ceed o!trust is on.a urtit�in:a a�n:cmo�'cam�o:�e,t der,sa:tl:caue developma�rt.9ortower w+lf perfo�n�;.nY;Partwices's•duaes #r ,��_ ,•
<br /> � :4� ;us�der the cave�,_�Y-�'�,or regu!athns of:tha eossdesn�m a�,p�xn'st developmenL :.,, ` � —
<br /> «�'_;� ..sti �i'�ta Pedomi for BotrowoT,,t1!fltalutNdt��aCqi tp p'tt(NtTRtP,�1Y ot Hottowef'G dutl88 uadet.thi9 d8e�,+or�'�s[..lesYdBs>itt�J 'r ,�s.,,
<br /> `�f ` }'� '°�� � . tm tlte�EtE�«�7sse tham w be perfhtm8d:t!lsldES�m4�y�at�yrtl.atafawt4*is name or DaY eny amonrtt if neaess�Y;�c�erfoanance:'[RFdnV • F' . - �h
<br /> �yf s�,. <<����,, .�•tti.�u�-C�sctiat»^r�`lo^�:Qt3i?'j��scontinued or.nai•e�ttia3�it�e rn�as�tpB�Mgnner.lenQer may do whateuer is naaess�'�ig Oroteci Lenders < ��{•-;.
<br /> �;� �,.� t�ii , ...=.....sarcds�y isxgs�r^��rz�tsf+:lhts may,inw«a oamptarting th�rrmctruct3sx�.' ;`; • ; ^��•:`., 'X'� --
<br /> i ¢s .�
<br /> ��r��. ;:�f fi�� � � .ffar.�er'sta�"h-+��nl��,�+�1'�Pradu�a L3ndes�ftom s»xdstng 3fiV',a��its atfier rights under tha Iaw ot thta deed af truet - * '— f
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<br /> , , Ai1y amuunts t��31�+•�'�P�a��������"!M��'�'�'b�-������dsed of Vust-Suoh emputqA�n 6e due on Qemand � , ___
<br /> } `f� and w�ll bear r"*r'�3:�st fiam the date of rtt3 payme�fl utrtil AacQ m Su1C i�t�Wa+MArast rete in eHeet ort the secu�ed tlebt.� �� = -
<br /> ./ :._� 10.eetann aria a�ef.eaom. H Borrowes�is7is w makri snY pcYty►�Y�w(7en,due m breaks any eovettanta unddi.�thl� daed of trust or aay � ; �'`,�,. -
<br /> cbliqation secured by this d�of trust,or aity.priaQ:mRrtgo4lp amdced�of�trust,I.erMer may aaeterata•tho mao?rinJrPtiV+p secured debt and jr,. ,• � ,r=
<br /> z,:. � �r.+an¢immediate paymert�4may fmrobd tha Powta,ot:sat3�a��8aY'.illtia�remedfes permitted by ePDC�eabte faou, : �!}�f . `L:�;v
<br /> .. c �t��F,aquest�1Ke8ee of J)a18�At.tt is hfxe�r rmauesta�that aap'�at.thp�rc�tirse of detault and sate 0o aeM,to.gaeM�ersao who is a parN . �'� 7�.•�,
<br /> X .. '�,�', ,.t+a�:sb.at t2s�rp9�rass.of each kuch person.�as set tarth fiera'.�. , � 'r _
<br /> ���� `'�2 pomrer �a::tf the lenaes invokas tria pawas af�sa!m.�tha"Etti�stEa ehttl;ti�st record in thq afftce�+sf,�hb,register ot daeds of each.coumy a
<br /> i��,s� �.
<br /> t��" � fivhgrein tt!e��tre:w'iW.�aPetty or some part:oT;pEroP1�tfisre�f•is sttuatcad a natitra aizdetauR cernainin9 eh�tntAmia p"on required by 1aw.Ths Tcdstee � r ---
<br /> a,f,�." ,,,r,'�� r... , s'� �iso�T�3����s of tha crotiCe of,dE'fOOUM,ta th9 8ottaw[r+tP�?rc!i pEtwn,wh4 i5 a pHtl.lt,n��4��,and 2�oihet Persons aspresetihed•by ,
<br /> rF s not ia any F�;
<br />' "i�R; ;'{'�r ��k^„+���ls S�w..Not tess than Qne month�efton tha Tru:tera�e�rtix tt►a not+ia'of•detautt.or�two..rop►►Mp if the trust property i ,
<br /> � �� �, �;" �rt:a,,,orat2d si:�Ar�viRagea���s usQd in Tprrt�i+r1o�eratlnns as�rla3 aa,hy.the trustor,tha Srusiee�shhUigiy9 Duhlic notica of sale to the persons
<br /> f} . r ,i y q�„ :����g i.;���resdi8e4"tT�aPppliCari'�1l,w:�Trutto:,wRhxtst�dtn►g+tQ on Borrow9r,shnil�ept sepAg%O��rt�v�eas ie�qu ed by apptiheabl9�glaw � "-�
<br /> rr - tF��; ,-, ' •gidaer.It.r�te7ra. Y the Far.n�omesto..°d Prot�tE�n.AC1..Trutta�s[tt}ilorier tha prop�ny t ��
<br /> .t.i ,� Trustee rtiay�e sate of.alt or a�ry.ppro��a'f�tha WpA�V 11Y�A��w a�mounaemennatthb tirho�and ptace ot arry prevlously scheduted sate. �-
<br /> Lender or its e may purc�ase ths psopsatV.at:anY.��� _
<br /> ��'`!$.;>�� --
<br /> �`' ..�.`�f: Upon recefpt oi paYm ent of Ui��prfce 6id;7nutoo shEli dBli ar ta the putchaser,tn+ame'8 daed conveying the property.The reciUata eomained in __
<br /> "i • � .:i Trustee's deed shall he prime�ecia evidience of 4ba ttutfi�the smiemomn eontartfed thiueim�TN8tB0 6f�a11 apptY the proceeds of the sale in tAe . , �;.��
<br /> '��":-.� fottowing ordar. (a) to ail m.cpenses ofi the saSm..i�c=u0inp..birt�not fimitad�tac�,masAtN�6t� Trustee's fees, reasonabTe attnme�s fees an0
<br /> ? i!� � � reinstatemert fess;(b)to all sums seCUred blP,ih�dcad of•tnstt,anq lcl tha baMnooc•fNkny;co the persons te8ally entRled to receive rt. ,`:�.=-"--
<br /> : : � '�
<br /> 5 • :�,�,� 79.Fareefosuse.�1�2�eoders oDtion,trtls dEed ari•t�us4 may be foredased fn�Fhp�mA�id►r provide by appfiaable law for torectosure of mortgages , =-
<br /> on real propettq:` --
<br /> � � ': tq,tngpeatlon.LenQe►ma.�t,�:t�ar the propeRY tn lasAeet it H kender givas Batrower notice beforehand.The notiee must state tAe�easa`+�'e ,
<br /> ��" . � cause for Lender'e inapectrdta • � . � •
<br /> �f��,cSfj�'`• '•, �: ` �e �
<br /> 5 i„�;;.;- :,. ,:; ' " 'i5-�ndemnad°n.Barroe,�9a'"e�.a►�ns to Lender the,proaeeds of any award or ctaim to►dama s conrrected with a conQermxexun or offier tat�,r}�
<br /> _',.,F��`� '�f � ���711 er any peR Ot ths Ct'�fi5+q?tf, uch prace0ds wdF ba appHed as provlded in Covenant 1.This assignment is subjeet to�terrns of acrX R�icr , -,�-
<br /> rc�t� 'k< "S2L'Gt1IY 8Qf84"�C�'fG .. � ; . ' + � . � :�
<br /> - ��-.�; , . - - .: � 3's�
<br /> , /,?���:. ' ig,Nyatye*.�i►c��t�i�arFi�., med�evailabte to lender,tender daes not give up any rights to Iater use eny other remedy.By not exerCism9 ' T� _
<br /> � ?���'''� ' '. asry remedY�P����wer.'��uR,�endAr Qoes not waive any tight ta tater cons�Qer the evant a default if it happere agam. ,< •
<br /> ' ' � ` »,JajM and g�veaj#Sf�1H;t;'�o-aignera;Sueeessors and Asstgn9 Bauna. Atl duties under thls deed o1 ttust are ivint and several. Amf , " �'. _~=•
<br /> } Bonqwer who'cc-si�ns.+t�k.ct�=of trust�but doea not�co-si8n the underIying debt insaumentfa)daea so onty to grant an0 convey thac. 1� ; .. .,
<br /> ' '��• " Bor{Qwer's inter�.�.�ttze:Am�@'it to tt�e Ttustee unGer the terms of th�s Qeed of truat.fn addition,suet►a Bonower agrees that the 1.e.:r�u any . . .._.
<br /> Ey�t;t;: � any dther Bocra�w^�ct�d:i}:»�aed of u�Ktt,maY extenC,modi�or make arry other changes in th9 terms o}thia deed of trust or rl'!e-�w.r�C ..' . �
<br /> � . ��`F : debt without tl9ai�f3:t�'�:��5?�nGent an0 wiUiaut reteasfng t�at orrower hom the terms ot tfiis Ceed o1 truat. � .
<br /> `�f1� • The dWes a�L1a1:4iLS+�Mei;e�JeeA of trust shall Dind and 6enetrt the sueeessors and asstgns ot lenQer and Borrower.'' • , . , ,', '
<br /> 18.Hotiee.Un'e�s�`t�'sri,s2,rcruired by law,any notice to Bortower ahall be given Dy detivering it or by,maiGng it by acr�^lLui���.a�adCressfld tp�� �,�
<br /> ' , Borrower et the��y�h1!l�Eas u�er►y athe�address that Borrower has given w Lende►.Bonower w�ll give arry noi�,�¢r t�r.det by c.ertified � .
<br /> - ' ..�';a:;•*� mail to Lendefc��3�ss oa,ro�age 1 of thls Qeed o1 trust,or to any other aQdress whfeh lender Aas deslgnated.Acry other an5se zo.le�Qe►�a0��',�: ..;;, �_ .
<br /> � � � �.,�'�,;�; De sent to L�rrracra aQdress a9 ctated on page 1 0!tfiis deed of trust. , � ��j •. .
<br /> Any noties s9��aDii:�vteer�:eA to have been gtven to Borrower ar Lender when given in the manner atated above. ' ' ' f ��,!
<br /> �:�. t9 Ytenat,u�GPt'�f�d�t a a Bene8clal fntaiest in ffie Bortowe►.I!etl or any part ot the DroDeny or eny irKerest tn it is sold os tr��iar�rtat • �, %'�'.
<br /> -- •', .�+i1tuu��lonQedg�Snar��eonaenG.Landar mey demand irr.modiatc paymerrt of tA9 seared debt. Lender may�cn Cemand hrs;re�Faz� ;' •
<br />__�-�;' �aymeAD�i�%tte•Eosccw�.is ira�a�a nat�:rt�t porson and a benaficiat�lt;ttost in the Burtower is so!a�oi transferred. Mc:ri�Er, Lendet tt�2y,not' ;�..� • ' �
<br />_�- . � d9mand nayc:eROrn the atoor aituationa if it is prohibited by fed�raltaw as of tt+e date o1 tAis Qeed ai mrt. ', r,.
<br /> - '.` 20.RucowepIIUU.W1�o�the obligaUoa secwed b/thiB deeA o!trust has deen Patd end Lender has no further obtigation to ms4r-�s�nri!rca�Ce9 �� . � ".�,�!� .
<br /> ' undet the ineL�.menN ar agreementa secured Dy tNg daed of trust,the irustee shatf;upon written tequest by the Lender,recon}us+y�:t�tt.�ust
<br />- �,� � .� p r o p e r t y.7h e Lendet�sAYill QeUver to the Borrower,or to Borrower'9 sucCessor in Intotast,the uust deed and the noto or other evrde!:�af the
<br /> `��_ obhgatLDn so satisfied.Borrnwer shall pay any rewr da tian eos t�.
<br /> � 21. Sueeossor Truatao. lander. �t LenQer's o�tio�. maY remave Trustee and appoint a sueeessor trustee by firat, maiting a copy of the •
<br />- s u b s t i t u ti o n o t t r u s t e D a s t e 4 u had 6 p a p plieabie aw,and tnen,dV tding the substitution of Vustee tor record in the oNieg af the regi�tor ot deeds
<br />��,. • • sueCeeO to all the power tdutlesseuthor ri nd titte of te Tws�te e nam d in he deed of uust and of any s t u ieeessor Vusme.�t t he p ro p e r t y,s h a l l _ - .
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<br />-""" BAMtEA95YSTEMS.INC..ST.ClOUD.MN 58301 11-800397 23�1/fONN OCpMt6N!8�t9.91 . _
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