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,1`+ ���� <br /> I. ' <br /> �.•�•.. ..i... ._. . .. Y-i ��'1��. .." _- _ _. <br /> �e.walr.�Lr ....-"••��. <br /> - .S . .��'�il.'.:�r.WlSm�c..o�— <br /> ---ti._��.�........---_.._ ^�3� ._:_^.:7tY:.S_'_•��lr.�.-a•.----� <br /> 98_ �10108 <br /> B.All futute �dvanca from 8cnefici�ty to Trustor or other future obllgationa of Tn��tor to Beneficiuy under �ny <br /> pmmiuc�ry�note,contrnct, guar�nry,or othor evidence of debt �xxutal by Trustor In favor af Beneficiuy cxceutcd <br /> �ttcr thl�5xudty In�trument whelher or not thie Secudry instrument 9s spa:ifically reFerr.nced, If more than one <br /> peuon �i�as thi� Security Initrumec►t, e�ch Trwtor �rees thu thid Security Inatrument wlll �ure �II fulurc <br /> �dvuu��nd futun obUgs�dona thu ue givrn to ar incurred by any one ar moro Truaror,or any one or more Trustor <br /> pnd othere. All ftiture�dvanca and other future oblig�tions Are eecurrd by this Security Instniment even though all � <br /> or put rruy not yet be Advu�ad. All futun�dvuxa�nd other futun oblfgaUons are securod�s if made an the date <br /> of thit 5ecudty Iiutrumrnt. Nothing in thli Securlty Inattument ehall conatitute e commitment to maice addltional or <br /> futurc lou�r or adv�in�ny unount. Any such committt�ent must be agrad to in u sepuate writing. <br /> C.All obliguloae Tnutor owee to Bencftci�ry, which may I�ter ariu. to tha extent not prohibited by law, inctuding <br /> but not limitod to, U�bllltiea for overdr�fta rei�Nng lo any deposit �ccount Agreement between Trustor anc� <br /> Beueticiuy. <br /> D.All additiowl swns adv�ncod uid eapencca incurnd hy Deneficiuy for insuring, preserving or otherwise protecting <br /> the Propetty t�nd its velue ead eny ot[�er sutn�edvsnced and expm�incunKd by Beneficlary under the termv of tltls <br /> Sacurity Imtn►mau. <br /> 'Ihis Securlty Instn►mctt wlll not secun Any other dcbt if Bene:ficiary fails to give any requlred naticc of the right of <br /> resciuion. <br /> S. PAYII�NTS.Tcustor�gras th�t all pAyrna►ts under the Socured Debt will be paid when due ond in accordance with tha <br /> terms of the Secured Debt aad this Secu tri y[nauumait. <br /> 6. WARRANTY OF'YTTLE. 'IYustor wurants that Tcustor is or will be lawfully seizal of the estate conveyed hy this <br /> Security Iasuument and h�a thc right to irnvocably grant,wnvcy,And sell the Property to Trustee,in trust, with power of <br /> sale.Tiustor aleo wamnta thu the Propetty�s uner�cumbe[ed,except for encumbruxtis of record. <br /> y. PRXCIR SECIJItI'I'Y IIVTERE.STS. With ngud to my other morigige. deed of tnut, �ocurity xgreement or oWer lien <br /> cloc�aient thu ctated a prior security interat or cncumbt�ace on the Property.Trustor a�rees: <br /> cl,,To mdce all paymcnts when due aad to petform or comply with all covenants. <br /> R,To promptly deliver to Beneficiuy any notias thu Ttuator meiva from the Lolder. <br /> C.Not w allow any modificatioa or extauion of, nor to roqtust�ay future arfvacxes under u►y note or agreemeat <br /> secured by tLe liea docwneat witwont Beaeficiary's prior wnttea conxat. <br /> S. CI.AtMS AGAIIVST TlTLE.Trustor will p�y�ll taxea.�ta.8ens,encumbru�cea,ldx p�ymeaW.Sround nate, <br /> u�ilitiea, aal other cbarges reluing w the PropKty whea dua Ben�ficiuy may ra�uice Tcustor to provide to Brnefiaiuy <br /> c�►ies of�ll nutica th�e such unounta ue due wd We receipu evidencing Truator a payrpeat.Truator will defa►d atle to <br /> s� .. � i :�::.'se. ;.n.. sl:9m: ils:t �r,uld •,mp:ir th:. li:,� a. �:is �..r:,w�ity Irsstrum.x.. Tw:cr agr:�a ta �--}�n tc <br /> Bp��,a�nquate�by Beaeficiuy,�yghta.claime or defense�Truawr may htve againtt puti�a who aupplylabor <br /> � or to mamtain or tmprove the <br /> ' �� 9. DUE ON SALE OR ENC[IA�RANCE.Beoeficiary may,at ita �oo,declare the entine bal�nce of ttx Secured Oebt to <br /> . be inimedi�tdy due and pay�blt upon,the cn�tioa of,or contr�ct or the cration of, any Ifea,encvmbcance, tr�fer or <br /> s�la pf lhe Property. 'ilila ri t ia sub�ect to the reatrictions impoaod by federal liw(12 C.F.R, 591), aa applicable.'thL <br /> .� . covenmt ehall run with the�roperty �ne1 ahall rem�in in effect undl the Securod Debt is paid ia full aad thie Secudty <br /> ' in�trument is rdeased. <br /> 10. PROPF•1tTY CONDITION� ALTERAI'IONS ANL IIVSPEGTION.Trusror will kocp the Property in�oal co�iidon <br /> aod mdce all that ue ce�biy nooessary. Tnutor ahill not oommit or allow �ny waste, unpairn�ent, or <br /> detedontlon of�tropa�ty. Truator will koe�►the Property !roe of nozioue weeds Acd g�a. Tcuator tliu the <br /> n�Wre of the occupency�nd uec will not aubstantidly ch�nge without&aefief�ry'e prlor wrlttea oonsent.T�nutor will not <br /> permit imy cluoge in any licaue,ratrictive ooveomt or eaxtnent without Ha�eficiuy'�pric►r writt�a coa�eat.Tnutor w�ill <br /> aotify Bweticl�ry of all dem�nd.t, procoedinge, cl�ime, u�d sctioaa �uart 'Y'custor, and of my loss or dtnuge to the <br /> �Y• <br /> He�t�iciarY or Bmeflciary'a�ge�fs m�y,u Beneficiuy'a option,eater tha Property u any reasonable time for tht.purpo� <br /> of i�petting tbe Property. Hea�Bciary ah�ll_give 71�uator aoda at �he time of or befoK m ia�tion � a <br /> raibo�blepu�o�e fur tLe i iod. Any �n�eccion of the Prope�ty sh�ll be cntirely for Barc�iciuy e t and <br /> ; Tru:tor wili in no.aay relp on�ficiuy'a inapoction. <br /> 11. ALR'�[OR1TY TO PERFORM. If Truawr fails ta perfarm any dutv or any of the covemnU containod in thir Security <br /> In�nu�+ent, Beneficiary may, without notia, }xrfozm or caust tlxm to be ormd. Tcusar mtt Bene�'�cihry s� <br /> �ttorney in faa to iign Truswr's name or pay any amount necessary for perto�nnanoe. Beaefciuy a�right w oTm for <br /> T;i�tor stull not create�n obllgndon to perform,u�d Ba�eticiay'a failure to perfom►will not preclude 9ea c��ary fi+em <br /> r�t�' ,p�any at Heneficiary'a other dghta under the law or thia Socurity instn►roeat. If any constiuction�an the 1'ropat�y <br /> :� . ia�di�on�lnued ot not c�rried on in a re�aomble m�nner,Beneficiary nvy uke�ll sttps necessuy to pmteCt Beneficiuy t <br /> '� . . soc�rlry.intemt in 1he Property� including corapletlon of the conatzucuoa. , <br /> 12. AiS7(��NMENT OF LEA5ES AND REM!'S. Tnistor irnvoc�Yly grnata, conveys uW�'sellg to Tnuta, in tn1�t for the <br /> brn�►'�t of Bcmti�luy. u addition�l�ocurity alt the ri�ht,tltle�nd intereat fa and to�ny�nd �II ealating or futnr�e lt�sea, <br /> sublea�es,aad�ay�otl�a'written or verbal ugreertKnts�for We uac and aocupu�cy of�ny rtionof tLe Prope�ty includ' <br /> '. aay exteosiow rca�ewals, modiCcations or aubstitutions of surh agrca�ta(all ref�W as"Leaxs")u�d rente, iswa <br /> , uod profite (uf refer�+ed to �s "Rente"). Tnutor wiA procnpdy provide Ba�eficiary wiW true ancl comctcopia of�Il <br /> e�cl�t�ng aad future L�eaea.Tnutor may collxt,receive,rnjoy aod uae tLe Rmte eo loag as Trustor is not in default unda <br /> t6r taa�a of thiy 5ecurity tnstn►mmt. <br /> 'Cruator�cknowledgee thu thia asaignmeat ia perfxtcd upon t!►e r000rding of this Deod of Tmat wd that Beneflciary ia <br /> entided to notify any of Truator's temau to malce gaymeut of Reaw due or to bxome due to Bcnoficiary. However, <br /> Aeaeficiuy sgrea Wet only on default will Beneficluy notify Tzustor sux!Truator's tcaaata u�d maite decnaud thu �ll <br /> futu�re Rante be pdd dinctly to Bauflciary,On roveiving noda of defwlt.Ttvator will endorst and dellver to Bweficiaty <br /> �qy ptytnait ofReats in Truttor'a po�srse�on�ad will receive�ny Reau in tnut for Bepeficiary and will not oomtnfr,ale <br /> the Reata with�ny otha funds. Any�tnnuats collected wilt Ue applied aa proviAed ia thfe Saucity Instrument. TNaior <br /> wuraats that oo defwlt exiats unda the Lesus or�ny epplicable Iudlord/teaant taw.Tnutor aso zgrea to maiutaia aod <br /> roquire�ny tenant to comply with the temu of the L.GUra�nd appl�c�ble law. <br /> 13. Y.EASLHOL� COND014DNIUMS; PLANNED UNIT DFVELOPMENTS. Truator agcres to winply with the <br /> provi:ions of u�y lcase if thie 5ocurity Instcument is on a leasehold.If the Pro�eny includea a unit ln i condominium or a <br /> pl�nned uutt developmait,Tnutor will perform al of Truatar's duHes under the covrnanW,bylawt,or reguluiona of the <br /> onndnminium or plumed unit development. <br /> ���rv8• � <br /> Ot�l�Mnkw�Syn«M,k+c..St.C1ad.MN It•WO•J�7•27411 Fam 11E•DT•NE 70l=7f�7 � <br /> � • <br />