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<br /> _��.�:�� , COV[NANTi �� �vd/ ��
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<br /> w=•�;� , 1, pa�n»�nt�. Borrowu �Onn to m�k� �0 �yn�nt� on th� t�cw�d d�bt wh�n du�. Unlu� 8orrown �nd L�nd�► �Wu othnwl��� �nY
<br /> .,4s, p�ymmt� Undn ncdvn irom Borroww or�or 8orrown'� ben�flt wlll b��ppIl�d flnt tu eny �mounU�ormwer owe� on the aacund d�At -
<br /> �_-,j� �- axclusiw of Int�rut or prtnclptl,t�cond to Int�nat,and thm to prinalp�l.N putlal pnp�ym�nt�f th�s�cursd d�bt occun for my nnon,It wlll
<br /> nct ndua�or�xcut��ny�ch�dul�d p�ynt�nt untll th���CUnd AYbt i�pdd In fuil.
<br /> _"-:;xn: ��t
<br /> - •.��•. 1.CiNn►�AOMmt TIM.9orrowN•wi{i p�y Nl,t�xN,Ni� �m�nt�,snd oth�r charpu attrlbut�bl�to th�proporty wh�n du��nd wlll dof��d tltl�
<br />;,�,;��r{,.,. to tM propxtv�D���t�ny cb�m�vwfdch would�P��r th�llm of thl�dod o}trwt.L�ndv mW nqutr�Borrow�r to mipn�ny rlphh,cl�hm o►
<br /> °��tj>; � d�bm��which Borr W�r m�y h�w�p�lnot p�rtN�wh4��PP�V���r or mat�Nd�to Improw or m�UUln th�propstty.
<br /> �''� ;,y 9,knw�xe Borrow�r WIII kup th�prop�rty insund uhd�►termt �captabb to Lendu at 9orrowa'�expm�e rnd for 4�ndu'� b�ndit. All
<br /> .,.,�a,�� Inwnnc�policN��hrll Inc{u�a a otanduti�>>ortpap,�cleuco In fevar of Lertdm.4wr�der wlll be nemed es lou n+�Wn or�e th�intund on any�uch �
<br />=�'��s_ Inlwsnc�po��oY.Any In�w�na{xocwds m�y 6��pp1Nd,wlthln L�nd�r'�dlacntlon,to�Itl»r th�mtor�tlon or r�p�ir ot th�d�m�p�d propety -
<br /> �:=:5�3,�s' ur to th�ucuad d�bt.If L�ndn rpuk�t mortpp�Insunnc�,Borrow�►�pnu to m�lnt�ln�uch In�unnc�for p lonp�s LondK nquk��.
<br /> ., 4.IropKty,Borrow�r wlll k��D t�P�oD�►tY In pood condition end m�ko dl npeln n�sonably n�c�uary.
<br /> ��.
<br /> ���� � of tEu�t�o�rMin anV�cblip�tlon iicwidYby thla diid of tr�lit��olrrowir�will piy th�si��mount�to Lind��ai aovidid kn Covinant B of thli diid of
<br /> ^�'�:_4;.� tru�t.
<br /> `��•�-"`;;� 6.pr{p 3�a�itv kitKat�.Uni��s Borrowe flrtt obteins L�nd�r'�writtm con�ont,Bonow�r w1U not make or permit eny chmfle�to�ny prlo�
<br />::,�"�'- acurity Inteo���. Borrow�r wlll p�rtam aA of Borrow�r'a obilp�tlon�undK any prior mortp�p�,ds�d of truat or oth�r ucwity�p�nm�nt,
<br /> �;�-:�,- Includinp 8orrow�r'�coven�nts to m�k�p�ym�nt�wMn dw.
<br />"-"����.�' y,A�ct R�U�d kotib.Barrowe ualyrn to L�nd�r tM nnts and protia of th�p►oputy.Unl�ss Borrowu and Und�r hsw�prNd
<br /> -'`,�� oth�rw s�In writinp, Borrower may eolleat�rxf nnfn tM rmts u lonp as Borrow�r b not In d�}wlt.If Borrowu def�ult�,6�nder. Urni�r'a
<br /> =�_Y�l�� �p�nt,o►i eowt�ppaiM�d ncNv�r may t�k�potwttbn�nd m�nap�th�property end coltsat th� ronts. Any nnts Und�r co0�at��hUl bs
<br /> _ nec�iscary rNatid ixpiiii f Tha r,m�lnl p�1nou�nt of renti wlll thin apply to piymint`s on tM iicur d dibt ii�ovidid in Cov��in d1�ny otl►�r
<br /> � �,� E.Lssttlfdda•Comlar►�nhnMi��Md V�a��•Botrawsr aprees to comply with ths provislont of�ny I�u�if thi�ds�d of trutt is on
<br />-��"-�� �I�u�hold, 1�thb d��d of uuat fs on a unit in s condominlum or a pl�nn�d uNt divdopmsnt, Borrower wlll perform alt of aorrowar'4 duttos
<br /> unda the cov�nants,bylaws,or r�pui�Uoru oi tM condominlum a plann�d untt d�wbpm�nt.
<br />_-=o'�,��� 0,��y o}���lwfortn for iortowK. If BorrowK falls to�rform any of Borrow�r'a dutNt und�r thi�dNd of tru�t,L�ndK may
<br />-:1" � psrfam the dutN�or aus�tMm to b� peform�d.Unda may slpn aanowK's n�ms or p�y�ny�mount if rnce�t�ry for peHwmanc�.19�ny
<br /> -` conatnsation on tMp�op�rty N discnntk�wd w not oMrisd on In a r�ason�bM msnrnr,Und�r m�y do what�v�r is n�csaury to prot�or Und�r'�
<br />�n��,,�, � ��cu►itv int�r��t In tF►�prop�ny.Thi�m�y Includs compl�tinp tl»construation.
<br /> _i°`t-,c�r�
<br /> __ _� Le n d x's f�l l u n t o p e f o r m w l l l n o t p��c t u d�L e n d�r i ro m�x u c i s i n p�n y o f i t�o t h er ri phts und�r the law or thit deed of trust.
<br /> ��� ind wiU b�a inte►r tyfrom t�Mtdate�of thi paym,nt unt8 pa dttn futl ti tM intKiatr,ti In�eHea�t onihs iscured de6 Wnts will b�dw on dam�nd
<br /> _-_--a
<br /> 1p, pN�ult �nd Acc�Nlon. It BorrowK faii� to mak�any paym�nt wMn due or Wsak� any cov�nants unda this dad of vust a �ny
<br /> "�..;�a obilpatbn�acw�d by this dud of tru�t m any prlor mortp�p�or dsed of ttust,Lender msy auceleate th�m�turiry of tt►�ueurod d�bt�nd
<br /> - ° dsmand Imm�diat�payrtwnt md may Invoke t!M pow�r ot nle and any otMr rsm�dlss permitted by�pplicsble law.
<br />—.�''• hei�io,�a�the�ad�isi of i�h r ch��son,uYsst tonh Mrsin,copiea of th�notica of dsfault and aels bn aent to nch p�non who i��party
<br />-�r�rz��i 12.Pow�r of Q�N.R tM l.�nd�r Invok�s t►►�power of oai�,tM Trust�e shdl first ncad in th�offic�of th�repl�te of d�ed�of uch county
<br />-�"�ag=� whsrdn th�trutt p►op�rty or som�prrt or P�rcel thereof b sltu�t�d a notic�of dd�ult cantdninp th�intorm�tbn r�qukW by law.TM Trustw
<br />;:� �hall�iso m�ll copl�a of tM notic�of dst�uit to tM Borrow�r,to each p�non who is a p�rty Mr�to,and to other p�rsoru Aspr�scrib�d by
<br /> �ppllo�bM I�w. Not N�s th�n one month afte th� Trusue ncads the notice of dsiault or two months I}the trua prop�rty is not in �ny
<br /> °:��� Incaporand ctry a vfllap�and is und In fuminp op�r�tion�oarti�d on by tM trwtor,ttw frurt��thall piw pubila tatlr.�of ub to tM p�nona
<br /> and in tha mmner pre:cribed by�pppllaabia l�w.Trusts�,without dem��d on Borrowsr,s�Nl sell tM prop�rty�t publlo�uotlon to tM hlpMat
<br /> � -- bldder. If r�quired by tM Farm flameit��d Proteotion Act,Truu�e shdi oHer the property in two�spant�s�Ns��rpuind by applicabN I�w.
<br /> �� , Le�omRi d�aibn+�miy purchssi thi p�copi H�thinyiiii Y by pubWe annauncement at t�e t{ms and pi�ce of any p►�vioudy scMduNd srN.
<br /> ---- ° Upon rscelpt of p�1Imsnt of the prlc�bid,Trwtse�h�ll deliver to th�puroh�ur Trustsa's de�d conveyin the prop�rty.Tlw ncltl�l�contNtnd In
<br /> � Trust�e'�de�d sh�l!b�prima faais evfdienee of the truth of the st�temmts cont�inad th�rsin.Tru�tee a�dl apply tM proc��dt of tF►�sd�in th�
<br /> retnsti�te�in�nt fsei��lb)to�all sumi secu►ed by thii�deed of�t�u�t,u�nd(cl thetbalance,�if any,bto thi personi lepiliy entitb to�icilvi it t�es �nd
<br /> 13.�a�doMr�.At L�nd�r'�optlon,this dead of truat mey be toreoloisd fn tho m�nner provids by appllaable Isw tor foracbsure ot morcp�p�t
<br /> on r�d prop�tty.
<br /> 14,Itisaetian Lendsr msy snter the propeKy to Inspect it If Lendor plvee Borrowor�otice beforshend.TM notice must at�te ths nawnabF�
<br /> cws�fa L�nd�r'�impsatlon.
<br /> 1g,CondMrwMUon.Borrower asaig�rn to Lender the procseds of any aw�rd or clalm for d�m�yes connected with a condemnation or othe t�kinp
<br /> of�II a my pet ot tM propany.sueh proceeds will be appli�d as provided in Covsnant 1.This�ssipnment i�aubJ�ot to tM t�rmi of�ny prior
<br /> ncurity iprs�m�nt.
<br /> �� 1 B.W�iwr. By ex�rd�inp any romsdy awl�a6ie to Lsndsr,Lsad�r doe�not yiw u sny riphts to I�ter ute any other rem�dy.By not�zorcbinp
<br /> - ony nm�dy upon Borrowsr's d�f�uit,Lende�doss nat walve any ripht to I�tK contPdsr the svenx�d�feult If it h�ppens�pain.
<br />--- ' 17. JoMrt�d SwKr���. Ca�i�e; Sucassas�nd Autq�u Soixid. All dutia under thVs desd of t�ust�rs joiM and �sv�ni. Any
<br /> i�� 8orrowar wM co•slpm tht� d�sd of trua but doss not co•:Iqn tl►�u�d�rlyinp debt insvumentlt) doas so only to pnnt and convsy that
<br /> Borrow�'�Intenst in ths proparty to the Truttae under the term�oi this deed oftrust.In addition,such e Bartower eprses that tM LerKkr�nd
<br /> ,=-•..,�:�:�+ �ny otMr Borrow�r undsr this deed of trust m�y extend,modifv or make�ny other chanpes tn th�tsrma of thi�deed of trust a tl»aecursd
<br /> ----- -- dabt without thst Borrower'�contsnt end without reletsinp that Borrower from the term�of this deed of tn�at.
<br /> •s=±f+=�"'. The duU�i and Mnefitt ot thia deed of trutt ehsll bind end benefit the euceeason end usipns of Lender and Borrower.
<br />�=�p�� te.Notk�.UMets otMrvvi�s required by lew,eny notice to Borrower�hall be qiven by d�Iivsrinp it or by mslilnp it by certifi�d mdl addnss�d to
<br />- ' ' Y 1 Borruwer�t ths propsrty oddresa or eny other eddrese th�t Eorrower has pI�vo�to Lendsr.Bonower wfll give any notice to Lerxfar by csrti(i�d
<br />,�.,�.w=.�,v�:+ mall to Under's�ddret�on paps 1 of thls deed of truet,or to any other addross which lendsr hts d��ipnat�d.Any otMr notic�to L�nder thall
<br /> be ant to Lender's eddross es ststed on p�pe 1 of thls deed ot truat.
<br /> 1 �. �� r�� i� , Any notics�hsll be dsam�d to heve been pivon to Borrower or Londer when givsn I�tM menner steted sbovs.
<br /> � 18.Tr��fw oi dN Prop�rr�a�E�fldr Mt�nst in tM Borrow�►.If el�or eny part of the propertyebt�ny�ntsrot in tt It sold or tnnsfund
<br /> • without lsM�r's prior written con:�nt, Lender may demand ImmedNte p�yment of the sacured d Lender m�y also demand imm�diat�
<br /> ��.,. . ' payment If ths Borrower li not e mtuni parson snd a beneticial intsreat in the Borrower is sold or treneferred. However, Lender m�y not
<br /> - ,,- demmd psyme►►t fn tM ebovs situatlons If it I�prohibited by tederal Iew as of the date ot this deed of trust.
<br /> �' Z0.R�conv�yanc�.When ths obliqatlon secured by this deed of trult hes been paid end Lender has no further oblipatlon to make advancei
<br /> t undv the in�trument�or�preementt eecured by thle d�ed of truat,ths Trustes shaif upon written requeat bY tM Lender,rsconvey ths Vu�t
<br /> �• property.TM Lender�hait deliver to the Borrower,or to Bortower's eucceasor in fnterest,the trust deed end the note or other evidencs of th�
<br /> °-=�-- �-_ _ nhlfaitton:o aatisfted.Bonower shell pay any recordetion coate.
<br /> .;..,.�..-.- --�-.f
<br /> " µ4; Z�. 5ucassa Tn�st��. Lender, et Lender'a option, mn��r remove Truetee end eppotnt a successor trustee by flret, meiling e aopy ot the
<br /> f subatitutlo�of t�ustee ea requlred by sppliaable law,end then,by filfrq the eubstitutfon of trustee for record in the oMtc�of the rogister of deedc
<br /> ot e�ch eounty In which the trust poperty,or some pert thereof, la dtuated. The succesaor truateo,without conveyanco of the property,nheil
<br /> ., � euccoed to ail the power,duties,suthorlty and tftle ot the Trustee nemed i�the deed of trust end of eny succeaeor truatee.
<br /> � IDJp�2 of 71
<br /> OANKE11S6YSTEM9,INC..6I.CLOVD.MN6l70� It�l00��97•tSbIIF011MOCV�MTp�HEA/1Y191 _ ` �_
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