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_,.. , • . j �•�Fi;^r'n — - . � .w i? 't?" � t �`,1�'� '`_ :� � <br /> )(� s {-�u ,.. . � f'� �ip r--1 t ,, �9--..+1'l; <br /> _ . 1 ' . " '_' . � t :rt�.f��f . <br /> . . , � ��,.t,�. . <br /> l �-q f��{ ' t - ' ' ' ' , � . - <br /> i1wW <br /> �� , , <br /> ,p. <br /> . . � I� 1P�,� ._ .... _ _ <br /> � � s <br /> . <br /> . . <br /> ,. 6iYqYbu,�:. . . <br /> ..._._......._.__:..._._..._.T..---_....._-••-.--._...._..__.........-----._._.._..�.._.__..____.—___x.�..._�T_ .___.... _. . _��..�—.u._._., y <br /> L <br /> .. .—. CQVFNAl11T8 aii iv�/�►�8 <br /> ' 1. �YmMta �onown �arsu So mt+1;e ptl p+yment�on the secured¢ebt w�en due. Unlees Borrawer and 4ondar apree otherwi�e, eny _. <br /> , .' Y payment�6�ndu ncNve�trom 8orrower ot for Bmrowe►'s bonotR wrlli da epp1 ad titct to any amounta Borrowet owea on tho secured debt - <br /> � � excluaivo c!Entetent ar princlpnl,eacor�d to Intereat,and then to princlp�i.tt pprtlel prepoyment of the eewred debt oocure for any reaaon,lt wi0 _ <br /> � n�t nducs Or ixe�lte any tcheduted peyment until the neourod debt Is p�IQ In lull. __ <br /> ' ``°2,ClW17i Apqnst Tiw.Bora�wM w:U pay all taxes,maeasements,end othtrt chmrpee ettributabte to thepropeny whon duo and wlll detend titte <br /> " � to the propq a sinit any oleims whinh would Impeii the Ilen o4 thla deed of trust.Landar may requl�a Borrower to aestpn any riOMe,claims or - <br /> , • dotenses vuhi��rrower may heve�gaimt pertle�who eupply labor or meterlels to improve or ma►ntain the proparty. - <br /> l -- - :° 8. lnstnenee. 8orro�rer v,rill keap tM� proQertyr trssured ureder terme neceptable to Lender at Botrowe�'�exponse and tor lendor'a 6ertetit.A�� - <br /> ' lnauranao pollala�ahati include a n�nderd mortpsge cteuae In tsvqr ot Lender.Le�der wlti be�amad es los�payee or ae the Inaured on any auch <br /> tnswance polloy.ARy Inwrancs proceedt mey be eppifed,withtn Lender'e dlacretion,to either the teetaration or repnir of tha damaped proporty f <br /> ° or to the seeured debt.lf Lendcr requires mort�epe Inaur+nce,eorrower apree�to mefntein auah losurance tor oa tong oc Londor roqulraa. � <br /> .�:�1� 4.Propsrty.8ortowet wlli koep the property in�oad condition and meko all�epetrn reeaonehly neeeneeryr. <br /> ,��,,,.,�L 6.Exp�ma.Borrov�or apreee to pey et�Londar's expenses inatuding�eesonebie attorneya'feee,if Borrower Oreeks any covanente in this deod <br /> 1 of trust or fn any obtifletlon seeurad by thla deed o}trult.�orrower wili pay these emouMe to Lender ae provided In Covenent 9 of thia doed of <br /> � trust. <br /> 8. Prlo�8�cur}�y I�r�tb.Unlese Borrower tirst obteina Lender's written consent,Bortowet will not meke ar permit eny changes to any prfor <br /> � �,, necurity Intere�ste.Borrower wUl pertarm ail ot 8orrower's obligatloRS undor eny p►lar mortpage,deetl of uust or other security agreament, <br /> Inciudinp Bonower'�covenams to make psyment�when due. <br /> 'y 7.Aai�nrn�M ot HMt4s�nd Proth�.Borrower assipna to Lendsr tha erns and pro}fts of the properiy. Uniess Borrower$nd Lender heve apfeed <br /> '� otherwfas In wriUnp. Borrower rnay collect md �stafn the rents e��onp es Bot�owar la oot in detauit.it Borcowet deTaults,Lender, Lender's <br /> �' egent, a a court eppointad reaetver meY take posseselon and manage the proparty and cotleat the reMS. My rents Lender colleats shell ba <br /> nece�eseatry►elated expenaeos fTh9 emelning 8mount o�f renta wilt then ep�ply�t p�aymer►�te on•the 8ecvred d b,t ae prov ded in Covenan d�any other <br /> ;�: . g,L�as�hWds Condeminiums;P�nnr19 Umit OsvMopm� Borcowar agrees to compty with the proviaiona of eny tease if thia deed of uus4 is on <br /> � a leesehotd.i�thia deed of trusrt b oc�e unit in a condominium or a planned un"st devetopm3n4.Qorrower vvill perform ali of Borrower's dutiea <br /> � undar tba covonaras,by-la+.�rs,or�t+8uletEons of 4Pr1 cend4mtnium er pianne�unR devalopmont. <br /> 8.Auttw�iry ot L�ncur to P�Norm tor 6arowra.14 Bottower tatis to�r�orm ev�y o4 Bcmo�nroYS duIIcos under Y4�Ss dac+d ot trust, loea�er moly <br /> perform the duNos or ceuse tMm to 6e portormed.lender moy sign ortowraz's name o7 gey eny emnnunt uQ aoemssery 40�parPormanae.I7 oa�p <br /> ',:�:: eanstructfon on thapropatty ia discordnued or not earded on in a reasoneb.a mFae�nar,Londor mov do wiiatovet is�aeoseery to.proteCt L2nd0r's - <br /> :nr�,�•,•�, ' socurity interost in the ptoAeRY•���'++ay include comploting the c�ngtrucrion. � -� <br /> •;��',�:'�!, „ � _ <br />'•r'�%'rY�.tj����� , LonQea'a faiture to pa�Qovm+4vii1 e�nt pea+cNde lendar irom ezercis8ag any of d3s mQ�e�ttpMs under the lew a tRoiS doeY!at�RPnae'c, � <br /> . '�, , ;.� <br />_ � � � �.z /i1o�y emoo�ta pai�D Wty��ead@r to proteat Lendar's security i�tereat wit�he secur�d Dy thia deed of uust.Such amounts will be due on damand <br /> ��+Ay�; a�nd wi17 hettr Intqvest'Irom tAe dete of the peyment unt(i pald in 4uli.at Qw�interest rete in eftect on the secured debt. <br /> ' � • 8�.�e9eu7t�a{i�d 61cxslttWon.It Borrower fatls ta muke eny paymeM when iiue or breaka any covenarfte urtder this deed ot truat or any <br /> , , ,. a{� <br /> a�alipalion so a¢dV 1�lOs deed ofm�st ot any.prfor ma�tgape or desd o4 troat,lertder ma�yaccaterate t�maturky of the seeured debt and <br /> • ' ' ��Y� �� � dema�au immd�ate peVn►�nt en�.moV invoko tha powe►of ente and any other remediss permitted by appilcable Uw. <br /> . . � '' 1 <br /> ' ,�"`� F' � 11.Rpuat for Wa31�e�d?6la4aett.It ia hereby requeated that copfes of the noticea of dafauft and sale ba se�K to eaoh peroon who is s party <br /> •" ! �_�;;j hereto,at the addrbss of eaaA suah person,as 6et iorth hemie. <br /> �� ��� 12.Porler at 8a.H tha lender Imrokea tha porrer of se�e,the Tnistee BhaA ftret record in the office of the rogieter of deeds of eseh eouMy = <br />'' wheretn the trust property or some part or parcel thereof is eituated e notfee of defauft containing the in}orr�atbn required by law.The Trustee <br />-_•,,;. ., oAetl atto msil coptes of the noUce of defauk to the Bonowet,to each perwn who ia a pany hereto,and to other penons astxescribsd by <br /> � applicabte I�w.Not tsa than one mqrrth afte►ths Ttustee records tM�mice ot defautt or two moMhs M the tru�t properiy i�not in any <br />;•��;���;�..�4i� tncotporated city or vttlape and ta usetl in farminy operationi carrfed on by the uuetor,the firustee�hpU p►vs publin notio�at uN to ths pnsom <br />:*.'�V.'•�'��'• and In the mannsr preseribed by_epppllotble law.Truatss,wtthout dema�d on Bonower.�hatl uit the propertr st pubilo auation to�h�hi�Mst <br />�:J_ri;-��?� bidder.If requirod by ths Fam►Momsatead Rotectlon Aat,Tnistss shaq offer Me�xoperty In two upe�te uNs n requlnd y�ppl caWs I�w. <br /> Tru�ee m�y portpons nte ot nti or am p�roel of ths�roperty by pubtio announeement�t tM time and piaet of�ny prevlous y seh�dubd�ate. <br /> �`_a� I.end�r or Iri deNpMe may purchets tho property�t any�at�. <br />�rt�?�..�.t?i� <br /> Upon recefpt of p�vmeM of the price bid,Trwies�hdl deAve�to the purchsur Y�u�tss's dsad aonwytnp ths propny.TM neftlafi con2alned in <br />_"!".*�«'�y' , Tro�t�s's dsed shNl bs pHm�fael�evidlence of tM truth of tM st�tsm�nts contatn�d tMnin.Tru�t�� sluti apply th�proa�dt of tM uN In th� <br /> foilowinp ordsrs Ia► to st� o�enaea of the �ate, ineludinp, but nat Ilmited to,rea=onabte T�wtos'�fee�,re�fonabl� �ttorrny's tns ond <br />�,;;.,,,r rolnaetement feoa;tb)to atl�ums�ecurod by thle deed of auet,end(of the balanco,it�ny,to ttu p�neon�lep�tly�rtti�tted to rseeivs it. <br />�=:}''�!���� 13.Fx�dosun.At Londer's option,thi�deed of uust may be famotosed in Me manner arovide by appliaabte I�w tor toreelosun of mortpapn <br />�-;a;m�-w. on real ProPenY• <br /> -.�-�� 14.i�i. � !qs:a mr;s�tac tfis pro�ly!o l�s�e!4t N ien�er ah�Eon!�rer�t4ce!r_�faeh!erl.TM n�tic3 mvst et�te ths rea:ona6ls <br /> s''='�"`�`'''� '� o,*u:a�n=der'a lropsotion. <br /> zs:_�.,_.b;T„�� <br />�.`.. <br /> 1 B.Cond�rtnation.Bonower asai ns to Lendsr the prooeede of any eward or ctaim tor dem es eonnearod wNh a condemnstbr►or other taktnp <br /> �,,;� � of atl pr amr parc of tl�s property.�uch procaoda wili 6e epplled as provided N CovenaM 1. ta a�i��ment b eubject to tho terms ot any prior <br /> aecurity agreement. <br />�is"�• <br />�- • 18.Wetvlr.8y exerofsin0 any remedY avaitable to Lender,Lender doea not A�e up�an�!rigMa to lete�ute a other�emedy.By not exerdsinp <br />�;;;:,,`.;;' ��, any remedy upon Borrower's Eefauit,lender does not waive any dght to leter coneiQer the event e defauft if it�iappens e0cln. <br />_s_::�:;J � 1�� <br /> --- J�� 17�Jotnt�nd S�v�a1 UabWt�Co-sip�ws:Suocuson �nd Aulpns Bo�ud.Atl dutles under ffifa deed of tnsat are jofnt end severel. Any <br /> s-�"'°''xn--- �--�r=���° Borrower who caafp this deed of Vuat but dova nat eo-atan the und�Iyinp debt tnatrumentlsl does eo oniy co 4{rart and cornay thet <br /> � '��'�'��'�*4;1 6ortower's intoreat in�e prapetty to the Yrustea under the terma of thlc deoQ of trust.In additioa sucA a Bartower aprees that the LetWet ond <br /> yL'�°"•-��f•�'� sny other Bortower updor this deed of trumt may extend,mod�or meke amr other changes tn t�e terms of this dee0 of t►ust or the aeaured <br /> ry_-�-��'"�,�� debt without that sorr4wer'A eoneent and wtthout releaaing thet 9onower tram the terms of Mia deed of trus� <br />=_�'=�. . � TAe dudea and benoflte of thie deed o!trust sha�i bind and berteflt the Bueoeaeors and aaafpns of Lender end 8orcowet. <br />-=e:.:����� � <br />��-:_,�'�;�a,; , 18.Natle�.Unteas attiervvlse requk�d by law,any notiee to Bonower ahati be given by delivetinp it or by maiilnp k by certlfled mati sddreseed to <br />- .••: ;�,,�. , Qortowar at the ptopetly addtest ot anY other address thet Bortower has 9hren to Le er.g�rrower wiG pive eny noUce to Londer by9�rdNed <br /> �- . meq to Lender'�edclreae on pepe 1 of thfs deed of truat,or to any other aeldress whi�Lender has dealpneted.Any other notiee to le�et ehett <br />_ •. � be seM to LendePe addrosa a4�teted on page 9 of tt.ia deed of irust. <br /> Arry notFco Bhati Ee dBOmad to have bean gtven to Borrower or LerWer when given In the marmor eteted above. <br />. 18.T�ansf�►ot th�Pto(�rq or�B�aaflctat ir�nst in th�Botrow�t.It ati ar nny pa►t of the propert�at any Int�rost in k b 6otd o►trensfer►ed <br />=1 �, Wfthput Lendet'6 ptiOJ wtltt6D con8etlt, Lender may demand imr[� diata paymant ot the secwed ebt. Lende�may 81SO deman0 tmmediate <br /> payment!t the 8orcowsr is not e naiurat poreon and n bensflcial�nterest In Me Borrower is sold or tranaferced. Ftovrever, Lender may not <br /> r� , demend payment in the above situationa if k ia prohibitod by tedoret Iaw as of tho date of this deod of Vuat. <br />� • c ��' 20.Rstonwyanc�.When the oblipatian secured by ffits deed of trust has been paid and Lender has no further obltgaUon to mnke advances <br /> � ' under tho tnatrumettts or egreamerrce eecured by thla deed of trwt, tta Truatee shalf,upon wrkten request bY tha Lender,recanvey tRe trust <br />_� r�;�:"�� � pr�o�perty.TMe lendor shati dolhrer to the Bortower,or to BoROwefs 6ucceseor in IMerest.the truat deed and the rtote or other evidence of the <br /> obugatfon so seUSflad.Borrower ehait pey eny reoordaUon oosts. <br />"'--�— =---- =�� at.8uccassor Tn�M..t�eDder.,et LendaYs,opHon,mey rertmve Tru:teo and appoiM e sueoeasor truatee by firet, matling e copy,of the <br /> _------. . _.._-_i�- BYbBLiLUIl011 O1 tNs�o ei�e��1/eppucaate�aw.an0 IIron,o�r�U19 SuQSiiNaon vr itusiee ior rewra in am omae u�ii�o ragisier vr a'aav's <br />_ . of eaoh eourrty In whtoh the uuat propeny.or aoma aart thoreoi,is situtRed.7TMi sueoesaor trustee, without aorneyance of the property,shatt <br /> : !;, succeed to eti the power,duNoa,euthority a�titte of the Trustoe named in tho deed of trust and of any succeasor watee. <br /> . �. '�,i <br /> ,;��,,,: <br />;.::: ,. .�.;•;�e�, <br />__;;.�;,:::..�`'�.,,r;;$E; E�;. <br /> :s�s'a�;�,{,�;�_::.�4��a�}� <br /> . � `• , 43 ; <br />��ti4���+;�'. �'�';•�'i,;���..1 <br />�,i:r�,. �.��.�`r.5 <br /> ;�t�" •. • fpaDe2al?l <br /> �jn�,��- - QANI(EAS 6Y6TEMS.INC..ST.CLOUD,NIN 68901 It$06387•lStU FORM OCP-M76NH 611991 � <br /> .r;. <br /> J '� , <br /> .� � . •• <br /> . <br /> ^� �.�_..T__..—.._—.....,� •• . - . . __.. . _. _. . _. __—' ____'�......,-_-�s��----�. � <br /> __�,_� �..-..—._......... ...... �. .. <br /> • —+— �—�..^��.._..�.._. , ._.__ ' -__- <br />