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� _ _— --- _ <br /> , .,.�.rn�ir.�.,p�..,r.,�(' ,. _ „ .. - � -rs;•r.:.i-`:c�:T_-9:::G:.-�—; � <br /> � __ d�sF!� ���' I�.�iT�'Ce@._..�.—. <br /> � __�__���-r.- <br /> ,___.....�._._� _�.�_ <br /> ,=...,�-=�.=___�y__.�_._----_-'��—'-",—— <br /> _..:_t g�l�E�L'HL�S7r.S_��YJ',•,��e.._ — .-a.u,m,w <br /> . 9'?- /0 9i-�/ <br /> cov��Nre <br /> 1, r�yn�b. Barow�r aprN� to m�k��fl Paym�nta on tM t�cund d�bt wh�n dw. UnN�s 8orrow�r and L�ndv ayn� oth�rwis�, �ny <br /> ixctuilvi of In�i,t a{x tlnclpMrNUnd Ie I�ntriis�nld iMn to�InclPil.I�f pirtl�il pre�p,ym�nt of th�iicurid d�6t occu�o for iny a10 nitdwlfi <br /> not nduc�o►�xcu��nY i�MA�o11��t�+�!�� �cursd abt I�pdd In lufl. <br /> !,CI�M�w A �TlM�.'Bo►rn�r�'�'bi 11 , s�um�ntb �nd oth�r ch�rp���ttribut�bl�to th�propartY wh�n du�and wlll d�f�nd titN <br /> �o cn.ao�rt� n.t�nq,�r'M►IAOff � : th�N��of thl�dNd o}trutt.Undu m�y rpuk�Sorrow�r to�stlpn�ny ripht�,CI�Nns or <br /> at�M�r wM hc�w���O�p�� ��Y I�bor or matKlal�to Improv�or m�intaln tM property. <br /> �,/n��na. BorrowK wNl kNp tM p�opKty�►HUnd urbK tKm��cc�pt�bl�to L�nd�r at BorrowH'�sxp�na�and for L�nd+r'� Mndit. All <br /> In�ur�nc�pollch��h�H Includr��t�nd�rd mort �ol�uN In f�vo►ot L�nda.L�ndK w�ll b�nam�d a�b��payN or��tM Inwnd on any such <br /> �a ioethi�icurid d�bt�If Li�riquk,i�mortp���rwwi�it B�oriow��Iaoraaa to�malntaln suchhnaurnnce fnr s lonn�ee Lendedriiqulris°�� m <br /> 4,propKty.BorrawK wfN kap tM prop�rty In pood condftbn aid m�ks dl np�k�rouonably n�c��sryr. <br /> {,E�p�nsM,Borrow�r�pr���to pay oll l�ndu's�xp�na� Inciuding���nonabl��ttorrnya'i�ss,if Borrow�r bnaki any cavm�nu in thl�d��d <br /> of tru�t w In any obNp�tion s�cund by thi�dNd o}truat.�a►row�r wlll pay tMs�amou�t�to L�nder��pravid�d In Cownant 8 of thls dNd of <br /> uust. <br /> 0. �r1or s�y kiHn�q.Unl��s Qorrov�tkst obtNnt Und�r's writt�n cons�nt, &xrowsr will not make or permit any oh�np�� to any pria <br /> aeurity fnt�r��ts. Borcaw��wUl prrform dl o} Barow�r's obllgaUons und�r any prior mortp�y�, d�sd of trust or �tMr ncurity q�Nm�nt, <br /> includinp Borraw�r't cown�nt�to m�k�p�yn»nu wh�n du�. <br /> 7. A�of R�nta and hoffw.Bot{�in,dsret I,ntthi r,�ntttii br p�ii Bo�ofwsr Istn�ot�n dsfa It�If Boreowir�d�f+ru n L,�iide�r�,�n�dK�'s <br /> otherw s�In wtitinp, &xrow�r m�y colM <br /> qsnt,ur�cowt�pPo�ntsd nc�iwr�ma t�kt po�s�sslon and manaps ths propsrty and callsct the rsnt�.Any renU UrxNr collects �hall be <br /> MC�Nry fN�L��%p�ni 6.f TM f�'Tn►rp�amount ot renti wIA thin�pply to paymsnti on ths cscured debt ii prov ded In Cave�n�ntiany otMr <br /> �. ���p{�t Co��=MM�M�I U�t pw�loqn�t�q.Borcow�raa�pqq��Ns to eompIy with th�provUbns of�ny Nss�it tMs dNd af trwt is on <br /> u�nW�th��fynintsd by liwt�,a r��t{an�o th�co�nh�bn a plenr�unrt�cls""b�pm��r►tnt.Borrown will pKform NI oi Sorrowrr'i dutMs <br /> �. �u�Aqit� of�«wM�q��fonti}a �orrowp. If Bwrow�t�tl�to p�Ham any of Borrow�r'a duU�s und�r th(s dad of tru�s, Undu m�y <br /> p�rfam tM dutM�ot cws�tMm to b�p�rfam�d.L�nde m�y stpn eorrow�r's nimc or paY�nY�rtwunt If rNa�sWy for pKform�•If sny <br /> co�utruatbn on tMprop�rty Ia discontinwd or rsat c�rri�d on In a retsonable manner,Undir m�y do wh�t�ver i�n�c�sary to prot�at L�'a <br /> t�curity I�rc�n�t In tf�proputy.Thi�m�y irtclud�complednp th�consvuation. <br /> Lsnd�r'a f�ilun to p�rtam will not pnclude Und�r hom�x��ekinp my of kt oth�r riyhu und�r tM law a tht�d��d of trust. <br /> Any�mounts p�W by L�r�r to prot�at L�nd�r'�s�curtty I�tK�at will b�s�cw�d by this dNd of trutt.Such amount�wlll be due on demand <br /> �nd wNl bar Int�n�t hom th�dat�of tln paym�nt until pdd In full�t th�Int�nst r�t�in�H�at on th�s�cur�d d�bt. <br /> �d,p�f�lt �nd AeerMntlon, If Borrow�r fdis to mak��ny paYmant wMn due a breaks �ny cowmnts u�r this d�ed of trust a �ny <br /> d�m�ind Immidiit piy�mint�m,y invo fk tM p�owsr�of iaM�ind iny otla►reriNdl�spirmittsd by i�pp�taib�ls liw tity of th�sacund d�bt�nd <br /> � ��,ppw�t 1or Notic�of DHwk.It 1�Mreby nqwat�d that cople�of ths noticss of default�nd ai�be ssnt to each parson who Is I DaRy <br /> hsnto.�t tM addn=i of s�ch such p�non,a�ast forth Mrein. <br /> tZ.PowM of A�.if tM Lender Invoks�th�powK of t�l�,th� Truatw shail first neord in tM oifla of th�rpist�r of tlNtls ot uci�councy ° <br /> wMr�in tM uust prop�rty or som�pHt or pec�l tMr�of i�situatnd s notics of d�fault cor►tNnlrq th�fnfam�tion nqufrsd by i�w.Ths TruttN <br /> th�ll also maN copi�s of tM notie�of d�f�uft to tM �orrow�r, to�ach p�rson who 1�a party h�nto, and to otMr p�rsons�sp��s�xib�d by <br /> �pplicab�I�w. Not lass thm on�month �ft�r ttN Tru�ts�ncords tM notics of def�uh ot two months if tM Vuat propwty i <br /> •not In �ny <br /> incapaated city or viilp��nd Is uNd in fa►mirp op�ratlons crrird on by th�truator,th�frust���hall piw puWia notia of s�N to th�pKSOn� <br /> and in tM m�rwwr pnsuibM bv��ppplic�bM I�w.7ruste,without d�m�nd on Borrowa.shall s�tl tM propKty et publio�uction to tM hlpMst <br /> biddK. If rpuk�d by ths Fem Hom�stnd Pirotsotbn Act,TN�te�sh�ll oHsr tM prop��ty(n two sap+wats sNa as rpulnd by�ppNcabN I�w. <br /> ' TrwtM m�Y PoitP���I���II a any p�cel ofat anyii�i bY�blio mnounc�msnt�t the tlme and pl�CS of�ny pnvioutly�cfwdul�d s�M. <br /> LerM�r a in d�sipr�may purchau tM P►pD�Y <br /> Upon recelpt of payrt►�nt oi th�pric�bfd,Tru�t���hdl cNiiver to the pwch�sn Trust��'s dud convsyir�p thu prop�rtY.The noitids contdn�d In <br /> T�wtee'e ds�d sM11 be primi facie�vtdi�nce of tM vuth of the st�tem�nts contafrwd therein.Trustee ah�ll appty the procee9s ot tM sW in th� <br /> tolbwin0 ader: (�► to dl �xpenH� ot tM s�b. Includina,but not limlted to, re�oonebte Trustes'� fess, reasonabls attansy's fees �nd <br /> rakut�t�nt f�;(b)to dl sums weund by this dasd oF t►u�t, and(e)th�b�tance,If any.to the psrsons NpNly�ntitNd to nc»iw k. , <br /> 7 3,Fonc{awn.At Lsnder'r opUon,thi�d�ed ot Vust m�y a foracloasd in the m�nr�r provid�by�pplic�bl�i�w for fa�cbsun of mortpsp�� <br /> on ral yrop�rty. <br /> 14,k�s�otio�.L�ndsr m�y entsr th� property to Inspect it If Lend�r pives Borrower notice befw�hand.The not�ce must�t�t�tM r�uon�bN <br /> ' caut�fa L�ndK's kup�ation. � <br /> 16.Cabwrn�tion.Borrow�r ass�ns to Lenda tMprocnds of any�ward or claim for d�m�p�s conrnatsd wkh�cond�mrutbn or otF»r ukkq <br /> s:�otYr��if the propsrty uch procesds will b��pplNd as provlded in Coven�nt 1.Thi�aaipnm�nt Is subjeat to U»terms of�ny prbr <br /> 7a.Wdw►.By�x�rclalnp�ny remedy�vail�bls to Lendu, Unrler does�ot ytve up�anY riyhts to I�ter u�s�ny otMr rem�dy.BY not ax�rciaMq <br /> any nm�dy upon Borrow�r'�defauft,Lender do�s not wdve my riyht to tat�r consldu ths�v�nt a daf�uk if It h�ppens ayNn. <br /> ���,�� ���u,�,r,,,. Co,atp�i� su��KSO���nd p��iy�u Eound. All dutf�i und�r thit d��d of trust sts Jolnt �nd NvK�I. Any <br /> BurowK who co•sipm thi�i�d of trust but das not co•sipn th� underl�Inp debt In�VUm�ntl�l do�s so only to pnnt md conwy tMt <br /> Borrowu's Int�nst In ths prop�rty to th�Trust��und�r th�t�rmf�s of thit de�d of tru�t.In�dditbn,suoh a Borrow�r�pn�i that th�L�nder�nd <br /> d�Dt wkFaut�thit�Bor�rowir i�coni�idnt ir�without relei In0 th�t Barrowe�t om thi terms of thti deid ofmtrust t����of Vu�t w th�ucund <br /> TM dutMs�nd Mn�fits of this ds�d of uust�hall bind�nd b�nsfit th�tucces�on and astlyns ui Lend�r and Borrow�r. <br /> 7�.Notle�.Unb�a otMrwi��nqulnd by law,any notice to Bor�ower sh�lt be qlven by deliveriny It ot by mailinp it by certiiNd m�il�ddre�s�d to <br /> Borrow�r�t tM prop�rtV�ddress a anY otMr�ddrsss thst Borrower hu piven to L�nder.Borrower wlll pivs�ny notic�to Lsnder by ce►tifbd <br /> be I{int to Li�sdaddreii iiit,t�d onip�pe�1 ot Lthi,deed of tru�tthor�ddrass whieh Lend�r h�s duipnated.Any otMr notic�ta Lander dull <br />— Any noUc�sh�ll b�de�med to h�w bsen yivsn to Borrower a Lender when piven in ths manner�tated above. <br />.— �g,T��{�o}�prop�ty or�9�}Icl�I Mt�n�t in th�BorrowM.if�II or eny part of the property�bt any tntsrest tn ft Is sold a tansfatted <br /> without Lsndsr's prior-writt�n consent, Lepnder m�y d�mind imm�di�ts payment of ths sacured d Lsnder m�y aiw dsmand Imm�di�t� <br /> dimindtpiymen8on tMibovi situ�tioni if It loslxoh�bted byf eds il law es of the da6e of th�i dwd�of tru,tenaferred. However, Lender may not <br /> Z0.R+aonv�y�nc�.Whe�ths oWlpation s�cursd by thl�deed oi trust has bee�p�id and Lender has no further oblip�tlon to m�ke�dva�C�� <br /> under thc Instrumentr or aGreements eecured by this deed of truat, the Truetee shelf upon wrYtten requeat by the Lender,reconvey the uwt <br /> property.TM Lender ehall delfver to the Borrower,or to Barower's succoasor in interoet,the truat deed end the note ot other evidence of the <br /> = oWpsUon so e�tl�tied.Borrower�heli pay any recordation ao�ts. <br />-- __ ._....Y �Y..� .. �.......�. .,�t�,.. m,..r.n,nvs Truatsa and snnoint e suoceuor trustse by first, mailinp a copy.of tM <br /> it�Otlfitin�N <br /> _�;� cubKitution of trustes ss►equtred by applicable�ew, cnd then,by tlling the sub�titutlon ot trustee tor record in me o'mcs oi ine reoisiei��v:o�+: <br />:� succsad toill the poweh tdutioafeutho it�y end tltle ot tM T�u t e nemed In the deed of truat end ot anyinucceaior�t uitee,of the property,tb8i - <br /> �� . <br /> � <br />�f e'� <br /> .1 1 <br /> ��;]C <br /> ;{ <br /> .i^ /Oip�2 0/Yl <br /> �IINKEII!gy8TEM8,WC.,8?.CLOUO.MN 60901 11-a00•�87•27�t 1 fORM OC/•MT(FNE 6118IB1 _ <br /> .,�,� <br /> �i <br /> � - <br />