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<br /> GOVHiANTi 9?�,��9�
<br /> 1, p�yrrNr►b. Borrower�0���� to make �II p�ym�nt�.on tGw�N�cw�d'd�bt wliih dus. Unl�t� Borrow�r �nd Unde �yn� otMrwlu, an
<br /> ixclu�lvi of Intir��t or��lnclpil �ocondt o Irtterss�and then to�p►�noiPN•11'Putl�d M°IP Yme�t of the eecured debt oacu�i for iny riiionaitdwul
<br /> not reduas or�xcu�e�ny�cMdul�d p�ymmt u�til th�socund 1Nbc 1�.P�����«1
<br /> Z.CI�Nrn A�t,Tiftl�.�Bo�oi,m�whlah would Imp�lr thi ilinnof ihld iid of t uf�Lind��may repulrs Bo�ow ri t/o�ai pn �ny rlyhte,sr,idma�ta
<br /> to th�prop�rt1��1
<br /> d�i�nc��whic orrow�r rn�y hav��p�frut P�rt���Who�uppty libor a m�t�ri�ls to ImQrovn o►meintein t e prop� .
<br /> �, kMw�no�,Borrow�r will knp tM propHtY��sured und�t t�rms acaptabl�to Und�r�t Borrowsr'�expem� and 4or Lender'i bernfit. All
<br /> Insur�na policl���h�ll Includ�a�t�nd�rd mort0�p+pc�������t�vor of Und�r.L�nde�wlll b�nam�d�s loa�paye�or a�th�Iruur�d on my such 4
<br /> a toathi sicurid d�bt�t lindirp�quk,i�mn►ty�pi Ins1urinci,Borrowiriyriii to�mifntotntcuchhncurencottor ns lony�ns Londorarequie��p�� ,-
<br /> 4,paopety.Borrowo wlll k��p tM prop�rqr In qood condltion and mak��II repalrs re�sontbly neces�+�ry.
<br /> 6.Exp�M.Borrower�p�N�ta paY�11 Unde's�xpenws inaludiny nason�bl�attorn�ys'tees,If Borrower bn�ks any cownent�in this dud
<br /> of tru�t or in my oblfynlon��cund by thl�d�ed ot trust.�orrow�►wlll pay thes��mount�to 4�nder e�provid�d fn Covemnt 9 of thl�desd ot
<br /> tru�t.
<br /> iscPwity�int�r�s�c.Eio ow�r�w����°m���f�°ft8orroweraoblifletloni underiny prior mort,na�pe�deed of truitror�totherc{e u►ity a�eerr�ent,
<br /> Includiny Borrow�r'a covsMnts to msk�p�Ymmts wl»n du�.
<br /> �.A�o}p�tt�nd Pirolka.Borrowsr�aipnR to Lendar the renta�nd profits of the propertY.Unless Borrower end Lender have�preed
<br /> othsrw�s in writinp. �ted recslver ni�a�ct�kepoi�eiilon�nd minays the proputyrand�coliect the�rente8 AnyNienti�le�der caW�e�cn ehsll be
<br /> ap�nt, or�court�ppd p p
<br /> niaias�ry reieted expnseif Ths rs aintn�p amount of rinti wlll the��pply to payminti on the iecured debt ai provided�in�eovenen^t�tany ot er
<br /> �.���t���p��p�y«pp�nq,8orrow�r�pr�sa to aomply with tha p►ov(tlom of�ny kasa if thl�deed of pust b on
<br /> a�suQhold,H thls de�d ot truat is on �unh In�condominlum or r Wann�d unit diwlopmsnt, Borrowar wlll perform�II of Borrowar'i dutNs
<br /> und�r ths cov�nants,bylaw�.or npuiatlon�ot ths condominlum ar ptanncd unit development.
<br /> 8.Autl�edty ot LM�d�►to NMfonn tor �oormid}li��i�m y iiyn 9orrowir'a�nameBor�ayinyimount if�ri�ciii ry�for fperTonninc��Ifiny
<br /> perform th�dutin or c�u�t tF►�m to be p�rf
<br /> sscurity Inti�iriOt In th��opirtydThli�miy includi campl tlnp thi conitruatlonm�nrter,Le er m�y do wh�tsver Is nsceuary to protsat L�nda's
<br /> Lendsr'e t�llure to perform wlll�wt precluds Lender hom exerclslnp any of Its other rt�hts under the law or thta deed ot uust.
<br /> ind wlll biar�l tKest irom ttNi�tdate of thi piVmsnt untll paldtln full it�ttro tnt�rest�rite In�efteot on the sscured debt unts wHl be due on demmd
<br /> �p, p�}�t�nd Aeal�ndon• If Borrower fNls to maks any payment when dus or breaks eny covenants under thl� dnd of trwt or�ny
<br /> obllp�tbn s�cund by thli desd ot uust or �ny prlor mort��pe or d�ed of trust,Lsnder msy aaaelerste the m�turlty of the secured dsbt�nd
<br /> damsnd Imm�dl�t�p�Ym�nt snd m�y invoke ths power of s�ls and any oth�r rert+edl�s permltted by�pplloabb I�w.
<br /> h�����r��{wtl:�f eac�h auch�perion��ai set torth hereln.c�p���of the notlosa ot defeult md ssle be aent to e�ch penon who I�a pxty
<br /> w��tn tM uui�op�rty a�soms p,n�w p c�I thereof�i slt it d a notfce�of�d faulc contelnl��t�tw int matlon�rtsqukid by Iaw.1M Truitsi
<br /> nto, �nd to ath�r p�raons at ��ulb�d by
<br /> shNl al�o mUl copla�of ihs notlo�of d�tault to th� Borrower,to e�ch p�rROn who Is+psrty •not In�ny
<br /> �ppllcabl� I�w. Not Nas thsn one month sfter tM Tru�te�recwds tM notic� of dsfault, or two months i}the trust property
<br /> Incorpxat�d city or vlll�p��nd Is ussd In f�rminp op�ratlon�aarrled on by tM trwtor,th�Tru�tss shdl plv�publlo noUcs of ral�to th�p�nores
<br /> �bl�ddirtlf rWutredrb�ths�Fa mbHomsst,id�PiotectlonsAct,Truitee ihill oNir the��opert�y�hn�two��P r�t�b��s�equk�by,ppllr.Mibli9Awt
<br /> Truste�m�y pr»tpan�saN ot dl a any D�rcel of the propsrty by pu611e announcsment�t the time�nd plece o4 sny prsvlously ah�dukd ule.
<br /> Lend�►w Its d�dpn��m�y purch�n tfN prop�►ty�t�ny aNe.
<br /> Upon rac�Ipt of paYm�nt of th�prlcs bld,Trwtee thdl dallver to che puroh�ter Trusta's dsed convsylnp th�prop�rty.TM ncftl�Is contalnd in
<br /> Trustes's M�d�hsll be prlms tecle svidlence oi ths truth of the atat�ments contalned theteln.Tru�ta shall apply ths procNds of the ule In tM
<br /> followlnp wder: le1 to all expern�s ot tM �al�, Inctudlnp, but not Ilmlt�d to, reason�ble Trunee'� fees, te�somble�tto►My's fses�nd
<br /> relnstat�m�nt te�s;(b)to NI sum���cund by thlt de�d of Vust,and(0)th�bal�nc�,If any,to the persons Iep�Ny�ntltkd to ncdw k.
<br />— 13.Fonelown•At Under's opttan,tM�deed of truat may bs foraclossd In ths manner provld�by�ppllcebls law for tonclosun of mortpq��
<br /> on n�l proputy.
<br /> �4, Lender mey enter the property to Inspeat It If Lendar plvet Borrower notice betorehand.The noUc�must�tat�th�ro�sombU
<br /> cauae ur Lender's In�Factlon.
<br /> 16,Cq�xMe{on.9or►owor atsl Qn�to Lender the procsad�of�ny�ward or clalm for d�maQ�s connect�d wlth a candemmtlon or otMr t�kinp
<br /> of all or�ny psrt of th�prop�rty.Suah proceeds will bs applled es provtd�d In Covsrumt 1.1 hls uslynment I�subjeot to th�t�rms o}any prlar
<br /> acwlty ayreement.
<br /> 16.Walwr.By�xerclslnp any rsmedV wdl�ble to Lender,Lender doss�wt plve u�eny rlqht�to later use�ny other remedy. By not�xerel�tnp
<br /> any rem�dy upon Barower's defeult, Leoder does not waive any►IQht to tater aons der the event e default tf It h�pp�ns apdn.
<br /> 17, JoMrt�nd 3wKM �s Cwslpn�s% 8uc°�u°n �nd Asslyns d°und.All dutles und�r thls dNd ot trust�r� Jolnt md e�v�rat.Any
<br /> — Bor�ow�r who co-�Ipns thls ��d of vu�t Dut do�s not co•�Ipn the underlvinD d�bt In�trum�nt(�) do�s �o only to ynnt and wnwy th�t
<br /> Borrower'�Intenat In tM prop�rty to the Truste�u�dar tl»terms of thls deed of trust.In addltton,such�Bonowsr�prNt th�t th�I.�ndK and
<br /> any otMr Borrower und�r thlt d��d of trust m�y sxtand,modlf�or make eny othx chenpe�!n ths t�rme of thls dnd of tru�t or th�s�cur�d
<br /> = debt wlthout thK Barow�Ps content md wlthout rols��tlnp that Borrowar hom tM t�rms of thl�d�sd ot trust. ,
<br /> Tho dutfsi and bs�eflts ot thlt deed of trust thall bind and beneflt the suocesson and etslptu of L�nder and Borrow�r.
<br /> 1S.Notic�.Unl�ss othstwlse requlred by law,any notics to Borruwer sh�ll be ylvsn by daqverinp It or by m�lllnp It 6y csrtltNd m�il�ddra�wd ta
<br /> � Barowsr at the prop�rty addreu or �nY other�ddrsn th�! Bonower has plven to Lender.Borrow�r wlll plw any natic�to l�nd�r by eMHfN�d
<br /> be sent to Londe�iiddn+i iiit,ted on�p pe 1 of thl�desd ot tru tther eddre�s whlah Lsnder h�s deslpn�ted.Any othor notic�to Lmdrr�h�l
<br /> — Any notla�h�ll be d��m�d to havs b�en glvsn to Borrower or lender when glven In the mannsr ttated abow.
<br /> 19.Tnnaf�r of tM PropKty or a B�flclr IntK�st In tM Baroww.If alI or�ny part of the propenv or eny Interest 1�It Is sdd or uarnt�r�ed
<br /> wlthout Lender's prlor wrltten conaent, Lsnder mey demand Immedlste payment of the aecured debt. Lender may alto demand Immedi�tl
<br />_�� peymant If the Borrower Is not e natural person and a beneflclal Intereat In the Bortower Is eold or tranaferred. However,Lender mey not
<br />--� demend p�yment In the above sltusilont If It Ve prohlbited by federal lew a�ot the date ot thle deed of truat.
<br /> 20.R�conv�y�ne�.When the obllpatlon eecured by thls deed of truet hes been peld and Lender hea no further oblle�tbn to m�ke adwncu
<br /> under tho Instruments or aYreements�ecured by thls deed ot truat,the Ttuateo ehelf,upon wrltten requeet bV the Lender, reconvey tM t�utt
<br /> `,� obltpatlon io satlifleds8orrowe rshslltpiy eny ncordatlonBaoets er's auccessor In Interest,the truat deed and the note a other svldence of tM
<br /> � .�r...�.r ...d .......In► �nunr.�asnr trutt�s bV }�f6t.msitino •COpy 0} Z�II
<br />_,� '11. SU6C��s0/TIt�1tM. Le�ltler, et ienUer's o iio�i, uw io��.:o ......� �^.- _ -
<br /> � subetitutlon of truttee at requlred by e�pllceble Paw,end t�ien,bY ffllnp the sub�tltuCon oi trustee for record In the otilce of the rep�ner ot c��
<br /> �
<br /> succeed t ell the pawer tdutleas euthorit�y end tltle oftehe Trustee�nemsd In the deed of trust and�f eny�suaceasor trustoe,of ths prape�ty,shdl
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<br /> EANKEF$BV8TEM8.INC-.ST.CLOUD.MN 66301 11•E00•397•23411 FORM OCP-MT(FpE 6/18181 _
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