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<br /> ` _ . `` 1�.DEFA�TL�.T�as�ar cv�711�ia de�ault ifc sayparty opl�atat�the Sec�d Debt fa�s w ma�paymeni w� I t� '�t�.`r;.�
<br /> `�' ►m�ec�e te�ms of this 5es�ity Insaoment or any other docunnens eaecated foi t�e '`°�.
<br /> `"`v: Wfn��D dl�t lf 8 t1IC8�dOCSIIB E p
<br /> t, . _ , gatpose of cteadng.s�riaS ur ga�n2��tIle S�Debt. A gao�faith belie€by Ben�fisiarg that Ben�&cim9��9 _ , . `._i"
<br /> . < dme�s ias�are wuTn respect w aa1► �endt9, on t�ie Secared Debt or tLat the prasp�t of anp paYment ar ,<.
<br /> ,,.' oansnta��eve�t of defanl�
<br /> :f; ' �
<br /> t�e vahu of Qce Fcope�tY is imp�shall � :
<br /> - , ` ` ` '� - �'.J,�' ��y*^e�� Bene�(!/7�}{�to}�j�de TnLStar�vitit
<br />�,�i .t� � v. j�{p{�Di4Nr WI�I� �J Y��"� . .
<br /> � . � .`� � Lfi.R�tV�DI�S�N DEFA[J1.T.Ia some iasmnce.s. �� _.. , .
<br /> ` � lisb dme sched�la�or foaectnsare ast�oms. Subject .
<br /> �� ` �, ` nntioe of�e rigttt t�wie or other aosIces aud maq�6 :
<br /> � .� timi�iona. ifgtsy, Be�fidar�► maY acceterate the 3��ebt� �2ose t�s S�iry tnstcmment zn a manner
<br /> � _ .._,s--=-c`� P�bY�if'LYostor is in dgfaul� ;L .
<br /> � -= � Ra Bte op�oa of all ar a�part of dte��d fees ead c3�a*8es.ac�aed i�est uvd�ps�i_ paI_s14a116esome --.A; " �_
<br /> daeB����, a�er �np$ �ttee iT� s�aind by�w. agon s3� a� o a de6ntc or anytime �°,
<br /> . � `. � x` `;:� �a�don.Bene�cju9 shail be eatitle�l to sU the�P.��by law.the te.�ms of the Sec�red neb�. . � �
<br /> �� � - �`` tLis 3ec�ty Iatimmment and anp zetared doc�,inctading withou�1'em�:tadon.d�Power to s�U the PmpenS►• "` . ,<' .`
<br /> i_ '�� R:. ° �.,..
<br />'�� ' . ,4'� If theie is a d e f a�l t,l�u s t e e s b a II ia a d d i d o n w a t h e r p e m d t t e d n�y.�thereqnest of the HeneBaary . ..
<br /> � . . . , � and sell t�e as a whole oi ins��at pnblic aactia 8hest b i d d e r for eash andT��� -� ^.L3
<br /> Pmperty `J
<br /> ,� .- title fc�ee and dear of sIl right,ritts an0 ni tecest of Ttuswr ai sush dme and place�,s T�deaguaoea- � �`'='.. Y ,.- _
<br /> d to be soId as ce�udred by the
<br /> #�i ` �.. �c ;, ttodoe of saIe inctnding the�e. �ms and place of sale and a d�don of the pmpert9 a
<br /> agpl�ab2e 1aw ia effe�c at die tfime of the propased�e. v ' <�
<br /> .�. . [. l.�.�i 4_ � - _.
<br /> iL , t *,i, � �, . ' ��..._'.
<br /> � Upan S a t e O f t h e P m P�Y�to tHe eattnt nDip 'bited by 13W.TiOStEC Sh�1t m8�rE and deliY�S deed t0$C PiOpEaty _ .
<br /> ��.. ,. � , sflld �ttird►c�nveps absfl2ute dde to the p n m J i a s� a n d a�e r� Pa�� � � pay�f O - _-
<br /> �� and �en�mbanes a�nd�t
<br />� - gthe�c�am�and�°��a�mseces�,t�'the S�'ec,�ed��pa,� � if suY, to Ttusto� BeneHcia�Y.may . � - ,` ---
<br /> �:, ..� @�e pmgerty. �mitals in anp deed of comeyanee saau be prima�evideace of the facts�t forth th�m. ``'.4, Y,�
<br /> �"` . '. . .'' . �are distinct,c�nulative and nnt�xciasi�►e,an��e ls eutitled to�11 te�medies glovided at�� :�`.``. _
<br /> x �o airy sam in gayment Pama]paY��
<br /> , The isuceb Beo� °'
<br /> �,}�;: . , � . - S�c�e'd D�ebt after�e ba�Iancey �or Ls ao�lerrdted oi af�es fo ��p���♦����nntoa 1�icosm a . '_"'."
<br /> � + ��e Iete cate of �� �dp -
<br /> ;�; � .. ��g����m�ot waive-BeneSc�ary's rjght W�r coe ndE-er the eveat a de�anit if u oond�es os Lappeas a8�a . %r�„=
<br /> � � . e
<br /> .� . . �� .. ,� ,'T' y
<br />_-i�:.'.... !. . . ..,.
<br /> . i�i.Q�SE�; ADVlsTCES ON COVF.�TAN'I'S; A'iTORNEYS' FF�S; COLLECTION C�S'i'S. Bacept wLr� .•..;�;�_�
<br /> .�;,. �, . y`< pm1u'blted by law.Tmstos agce�w pay a11 of Benefcdary's espenses if Trastax brear�es a�►eovenaut in�is Seeurity ' ..•µ�t..,�
<br /> ' . T n s t�u m e n i.'i Y o s t or w ID a l s o p a y o n d e m a a s l a n Y a m o 2 m t m c u�o e d b�B e n e fi c l a r S t for i��i n s p��p�I�� '�.' —
<br /> 3 heseexpCases w�l bear d i e
<br /> • ` �ng�e P r o p e�t y�a n d B�c i a t y's s e c�t 7►i n t e�. in the te�ms of the Secaued � ,a ri �ant1 --
<br /> t�. , �y�uuu�'1�aid�n foll at�e Iugflest interest iate ut effect as ded BeneS� - -
<br /> �._�� �{
<br />`� ,. co aIl costs�S e��s�b�y�Bene fi�a� L1 coffecdng, enforcv4g,or Pmtectin� �N $� --_
<br /> ��� . �.. .. --
<br /> Th�s amaant�ay'in�lade•but is uui litwted to.attome3►s�f�s.conit wsts.sutl
<br /> 'r� .. ` • . ��ense.s. 7�vis Se�it9 Inmumens s1�a11 r�aiu iu effect mau'1 released. Ttitst� agte�s to Fay fo� �9 . _
<br /> ::y: .. , iecordaoion costs of sacb rel�ase. . __
<br /> .:�.
<br /> �� _ ' ' . �DOUS StJBS°rANCES. As used in this section. 1)Baviro�en�1 law . . . :r.�
<br /> �r� ,. 17.F.t1�'d'IIi�Ni�i'['AL I;AWS AND�e��Pos�se,CarmPensaaon aud laabi�ity Aa(CBRCLN.42 `�—�
<br /> � ` . ,n` . , meaas,withaut limitation.c�ComP � co�t ordesg.et�me9 8� - —
<br /> . U.S.C. 9601 et seq.),aa�s]�other f�e�ai,s�a�d Dn�cal laws,tegatadons, • �_
<br /> S t� lic t�eatth,safetY.welfane,emriro�nent or a ha�ardous sabstanse'an�(2). .�,
<br />. � . � apinion�s or intcipreave[e�.s£0�8 �? maoe�al, waste. poStatant or cantaaniaant w�ic�has -`_
<br /> , . . Harardaas Snh�e�a�Y�c,�d:oachve o or o0��nb'alI rmts to the pahlic h�1th, safet9, vvelPare or ., �`"'�``
<br /> �.� � : � eba:acterisdes�Lich�dcr the sabstaa�dangeroas D y � ���cdous matezial,° °toate sabstances,' �' ��;=_
<br /> ;f;;. . , � emimtrment.T,�e tetm i�ccindes,withtiat limitadom,anq an�bstances de4lned �rr..�:-
<br />�°_ � '�dc�as vaaste"oz"�us substaace"nnder aag E�rirn�ental Law. _—_
<br /> �. .. � . . 4--
<br />.�'� .. .. � • .l�aswr repmsents�war�a�s�agrees that: �
<br /> � ' ' . p.Bacept as prevlmisly d�sctosed an�ac�awledged ia writing W BeaefidRtY.na Ha�rdons Snbstaace i$ar w�l l� ��-
<br /> �,, . .• , lacaced,sW�ed os re2easeA oa oT t��e ProPert9.'ihis restitctton dfles natapply w small qnanddes of Ha7ardaus a„�..
<br /> ,:�., . Snbstanoes tbat ate ge�es�lly�a�' 1to bes�ropslate for the noimal nse aua m�inLeaance of the Pmpert9. , s--
<br /> � � . 8 B i av previaas1Y di�c1osed anD act�towtedEed ia wri�BeneSciatq.'P�astnr and eveiq tenant�sve been.e:e, .
<br /> �,. i,:;,;:; anA�remain in fnII complian B��anY ap�1��2�os��te2ease of a Hazardaus Sabstat�oaaus un, T' �,
<br /> . :,:, . C.Trnswi sl�all immediateBY tifY cta�► $ In sacL an -�
<br /> �� � IInder or a6ont the or there�s a violadon of aay Bmiironmental Iaw canceming the Prapertq•
<br /> , ' event,7Yasto�sha11��9�actIon�a�cco�daa�o+t��Y Emisonmental iaw . ,
<br /> � D.T:astor d�aU lmmed9ateiy notify,Be�ficia�►in wii�a9 sooa as Tiaswr has reason to be9ieve tLer�isa�p�1�S . .
<br /> . � . or thr�� iavestigauon,c2aim.cs:Pmceeding rElating to �e release or ttueatened reIease of any Iiazardous i .
<br /> Subs�tance or the vin(atfan of sIIy Bmironmes�ml Law. .
<br /> '��� � � or tLreatened acdon,is�►Private or pn6fic ' " .
<br /> . � . � I8. COPID�1ATi0N.Tms�ci wiU give Beneflcla:y prumpt uoEice of anY P� . .
<br /> �iti�s topvrc�ase os ta�any or all of the Prope�ty throu8b condemvaflon. �at Qamaln,or other meaas.Tt�sUOS _ ,
<br />. ,+' 1.• � � � anthori�Beneflciary to intervene in T�vs4ar's name in any of the abrne desca6ed actions or.c�ns.7Yostoi a�s to . .
<br /> ' � BeaeBciarS►d�e Droceeds o�''anY aa'a�'d or cla9m for damages connected�rith a condemnarion or atner tatdn8 of a11 or any � . .
<br /> ' ' part of �he PropertY. Such pmceeds sS�aU be considered payments and w3ll be appHed as provided ia this Secari�y+ �
<br /> . Inst�umey.This ass�gnmeat of proceeds is subjoct to the tetms of aay prior mortg�e.deed of tmst.sec,u�icy agreement or ;r:; , .
<br /> �" ofher lien document. '`�''
<br /> :.1, :,,
<br /> � � . � 19. INSU�A1vCE.'Pnuwr shall 1cee9 ProPerty i�sured against loss by fue.flood,theft and other ma�ards aud risks reasonably � , .
<br /> y�' .�` ` � assadated a�1tL the ProyertY due to itsryp e and 2acaflon.This ias,uance sbal!be maintained in the amounts and for the . . ..
<br /> percoQs that Beaeflciaryrequues. 'Ihe Insvtance canier pravi� the insurunce shall be cirosen by Tmswr subject w
<br /> - Beneflciary's approval whfch sliaall not be unrea�onably w1t1�Ye1 . If Tinstor fails co maintaln the coverage desclibed
<br /> ll
<br />��� ,". • � abave,BeaeBciary may.at Beneficiary's opuoa.obtain covezage to protect Beaefcciary's r�ghts in the Frop�rty according
<br /> to the te�s of th�s Secnrity Iaswment.
<br /> � : � . � Alt 9nsuraQae polic�an�res�ewais sha11 be accepta�ble to BeneHciary and sf�all include a srand�ard'mortgage clause'and. �
<br /> +� �.�.. : , I where applicable 'toss payee clause.'Trustor st�all immediately notify Bensfic'�aty of cancellatian or temnina.�oor s1�a�ll .
<br /> • ,. � " �ntaace, geae�ciary sba11 have the right to hold the policies anel reaewals. If Bene�ciary requires. .
<br /> � � immediately give to �eneficiary ai1 receipts of paid premiums and renQti'ra1 notices. Upon loss, Tna�or sball give
<br /> - .. ' . � �� ' immediate nonce to the insnrauce camer and BeneSciary.Benef ciarY maY m�Ptoof of loss if aot made immediately by � �.
<br /> � � Tnutor. ..
<br /> � ' lpage 3 oi 4) •
<br /> ' �J199�Bar1us5Yrtartn.Dx..St.CbuO.MN It�f103391•736t1 iaemRE-Dt-(� 17/23.'9B • .
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