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<br /> t`�� `� �• t.Fnyrt�. Banowar egraoe so meke all dao. tJntesa B�rower end ten�r a�es�erwisQ, emr .�` . `�' .
<br /> ° .."�`� `( 081�ma r�L e n d o r ro e e t v e s B o�r►B o r t o w a r a =$o t r r�+�a f t t w i 1�i�e D D U s t i r e t L o s n l t e m a u n t a Bortower owcs ort tho se�dobt , �,..
<br /> �e ' :`..� oxdustvo at 6rterest ar prirsctpaf,sacond flo itRerest. �d�����(-�'�e�eA�rt ot th9 eacuree debt oce�ua tor enll�e�•�w ID ��� .,:,
<br /> '. � . ,ry`.,•� Rot reQuce ot oacsisa e�ry scheQutc�paymsnt t� �f . • y t
<br /> � • 2�da:ma ASrt�ySgt Tt�Borcnwer w II l pay a i f . . 8�a m i b u t e h!e t o t h a ro p m t y w h e n d u e e a d wID dtNend tillB `� ;-
<br /> ��wt�cl�e8a�rto��m8Y�e8a�Dartfes�iM�o s Dh►taLror at�mat�e►fie�t�o improvo arY femal�ain tha proDsnl►����rj�•elaims or ° t -
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<br /> 8.[tu�tuar�u.6atrower wiU ksep tt�o proporN insu�ad under terms acceDtabte tn Lendar at Bcrrowes's a�enso end far LendePs boneRt.AA � �e;*,,;
<br /> � ` �` Fnsurance�d���80�^�may begapcp ed v�n�.��dtsere�tt�to abiUei�u���sta e8on oYr epeti of�a d msg�d p o0��1t . .��:;
<br /> _,.`. � ':'�:�:��`` � O�T Lo�tT1e C�au�ad debt.it LenGet�equirea mortge8e fnstuanoa.Barrower e�ees w mab�tatn sud�insurance for ss fang aa Lender reqvtrea. . '�: -..=
<br /> � �. 4,pe�criy.BdROwer wUi keeA�a G�pe�Y In good wnditioa and make a0 repairs reasonaDty nacecsary. },-• �
<br /> �° = 6,Ezycnsss,Bortowar agrees to pav afl tenGer's expenses.fr�rcw�w�aMs ettomelt8�4ees.if Boaowar breeks any cnvQnarrts in this deed -- _-
<br /> . ai trust ac tn any o4ilgetton aeaued by tNs Qeed of vust.Bonower wiU paS1 these amaunm m lende►as provtded in Covenant 9 of tNs QeeA at
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<br /> r"� 8.Dttas Se tMerestta.Untess Borrovr�r ftrat obmtns i.srtder's Nrtiften cansen�Barro4ver wfU aot meke cr permit amI�as to any prior - __
<br /> '' �.�. sectaFtS►�.Bo►►owet will Dertorm afl of Borrovuefs obGgations under am1 prior mortgage,dBed Of�ltSt Oi Othei 68CUfiiy e�Be�fl�tSf� t.• } �t -
<br /> . tna'ud'in9 8orrowefs covsnanta to make paymerrts when Que. ` "_ '�
<br /> .. '� • . 7.q�i of Ra�end piaSta.Barrmker asstgns to Lender the rerrts and prafits of the propercy.Un►esa Borrower and LenQer h�e�e * 4 '-� . .-
<br /> otha��.Bam�wer ma�►coRect end retefn the rertts as fang es Sorrower ta rtot in defautt lf Sartower defautte.l.endar.
<br /> ' � agertt,ar e eo�at aypo i rt t s d reoe i v o r m a Y t a i c e R c s e e s s t o n a n d m a n a g e t h s p r a D e r N�d Wttect the renm.Antl��nQet coitsc�stiait 68 ^-
<br /> _°_ eppQed fbat to the��ats of managing t�ne P�aertV.���co�ut costs and attomays'tees.oommissions to cec�tat a�a nts.ena anS►o t he► . . -
<br /> , .� . • nscessarY reiated e�enses.The reme►ning emoimt af rertffi thsn apD1y 4o paYmerita on the secured debt as proviGed tn Covsttartt 1. � _ � : .
<br /> 8. Ccatdnn�ir�I�g:Wamad Uffit Davrx�ncr�.8arrowera�eaa to comDiy wtth d�e provEsions ot anY tesse Sf this dee3 aE ws[ts on •t ,.�� '
<br /> e tease��thia Qaed o!trust ts on a unit in a condominium cr e plaraied�snit devetopment.So�owe�H+ID aa�torm etl ot Batrower's duttes °
<br /> � � - under tfie cavenar�,tqrtav+s,or regufatIortg of t9se cortdomtnium ar planned w�tt QeveloAmeert. . . .
<br /> 9.Autfm�l ot LenQer m Paclarm for Borrawer.B Borrowe�faits to�psrtortn an+l of Boaower�duttes undet.thls deed of trust.Lender may =
<br /> - parfortn the duUes ar eause tham to Os peAarmed.Lendar maY S18n BoROwefa name orpay arry ammmt iT nacessarll tar perfarmance.tf arry �� -
<br /> consbueUon cn�►e property is�sca�ed cr not earrted an in a reasonabte masu►er.lender may do v�atever ts necessarV to Prvtect lendet's ---
<br /> ` " securiN irttetest fn Uso D�AertY•Tfiis may indude camDietin8 the construedon. � � '�
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<br /> L endere faitu�re to DeRorm wID not prectuQe LenQer bom exereLsTnB anY of ite atha�riBMa tmder tha taw ar this daed of trust --
<br /> . ,;:. ��• Any amaus�s Daid dY lendar to proteet LersQefs securitf►Irttec�rt w(Il ba seaued tiy tNs Qeed of Lnist.8uah artwums wiD be Qua an Qemsnd ". � -_
<br /> � � - � end wiD beet TrteresE fram ffia Qate ot the peYrt►ectt w�Ul pald en 8t11 at the irrtereat rate tn eHoet an the secured debt. _
<br /> � • •�' , 10.Csiault mcd Accetaistlon.tf Borrower iaiis to make any paymert when Qua or breatcs any cnvenaMS u�er thia deed of trust ar enit .; �"�"�'�
<br /> obUgatfon seate0 by thts Qeed af trust or any prior mortga8e or daed of trust.Lend�maY accetotete the matiuiry of the seeiued debt and � ��_
<br /> ,��r.f �'.'��'.4t •' end may trnaica the Puvrer of sato and el►Y othsr wmeQies De��bil appRce4le[aw. _ ��-.
<br /> . • S demar�d immedia[�9 OsVmsnt .�
<br /> .. � 11.Ro�caet far!lo8ce o9 QafautG h ts hareby seQuested that ceDies of tfie notices of defauit ane sate 6a sertt to eaeh persan who ts a party 's'�"��=
<br /> .. ° herew.at ths address of oach sueh person.ea eet fortb herein. . - " -
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<br /> . : 12 Powo of 8tte.N the Lender invokea the power of ea►e.the.Trustae ahall fhat reeorA in tha offtce of tha►eQ�ster ot desda ot eat�++caurtlY ..'i,
<br /> _ , .:.�Ff4�, whereEn the uust proDerh►or come paR or par�t thereot ts ativated a noUce o!Qeta�dt wnmWng the Udom�'on repuired W faw.The Tncstee .�.,,,�;�:
<br /> shail atso maa coples at the rto�tice of detau.'t ta 4�8 Bonower.m eacfi person who ts a patry harsw,and vs othar petson�ae�nasai�3��r �n
<br /> appflca6ta 1aw. Not tess,t�an orte mnr�h efGas the'Trtutee records the notice of defau ar two morrths if the.trust properlY rtat m.�f. �_:__
<br /> ' incorporated eitY or villege and fs used fn tartntng d�peradons car�led an by ths trustoP,the�rus[ee ahall8ive publtc notica af eete to tAa peis�4 - --
<br /> � snd�n th�s mannar Orescn'Eea�y apDDlicable law.Trustee,without demarta on Bonawer,ehall seit fhe property at Dublfa auctlon ta the Nghest �_ _-
<br /> ' ' �l�.�der.tf requJred by the Farm Homestead Protecdon Act,Tra..�o sfia11 ofter ttre propartv in two soparete salea ac rsQuired by applicaEla taw. _ __';f:��.
<br /> T ro s i e e ma y p o s t D one eate of atl or any pateei ot the proDett,r Q�g pu6lia enirouncement at ths time and ptaca of ac►y previausly scheduted sala. R _
<br /> " ... Lendar cr im designee maq p�achase the propasty at eny sate. . - �
<br /> `- Upon rece(pt flfpaYm ertt of the price bM.Trra�e sfiall0etiver to the purchaser Tnrstee's deed convoylr�the property.The recfUais conteined tn '_:�
<br /> • • T►uatee's deed shall be prlma facie evtdience ar the uutfl o!tha stawmenta eo�s�nad therein.Trustee sha0 appty ihe proeoeds of ths ss[e in the �..,r ° - - -
<br /> � foRowing oMer. (a1 to atl expenses of the sata, inctuding, but not IimiteA to, reasonable TcusLea's tees, reasonebie attameys fees end „j, �A--
<br /> ' reUistatemant faes;lb)to atl sums set:ured by tNs deed of trust.and(ci the 6ala�ce,if arry.to the persons legaity ertFded to recehre it. _ ��•-
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<br /> � • 19.Faredosruo.At lenders oF�-:ns ihis Qeed of uust may be foreetosed in the manner pror�e 6y appltcabie taw for forecfosure o!mortgage9 . ;�• ,�.:�._
<br /> . • `, on re81 proPanN• .4'':y.• _
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<br /> 14.6�speattort.LenAer may ertter tt�e propeny to inspeet it if Lender givea Bartower notiee 6etorehand.The noUea must st�a the rea�rn3bie. -
<br /> • ceuse Tor Lendefs inspection. ' __
<br /> • � tg,CoreQsmsmi8an Borrower���n s to LenEer the�roceeds ot arry award o�ciaim for dam�c eonnected witb a eoademnatlon pr othar taidng •
<br /> . �•! cD ell or.My part of tho OropartY.5uch proteeds wlii be applied as provtded in Covenant 1.tttta�+meM is 8ubjeet to th3 torms at mry prfor `''�"'-` °-
<br /> •�. . . ..;. � �c.'rits►asrooment ' . ---
<br /> � 18.Walve�.By axerdsing any remady availabte to Lender,Lender Qoes not give up erpt�ights to later use�tl►9r camedy.By not exereisinp � �d T
<br /> � eny rerr.eQy►urcn Bortowers defau141.ender daea not waive any dght to later consider tne event e defeult if it pene apain. � � �"���
<br /> e 1T.Jaint msd Sevaraf U� Co�ttsnste:8uecessora ar►d AsaTgn9 Bow�d.All Quties under this deed of trust ero joint end severat.My • --
<br /> � � �� Hcrtower who Co�signs thta eed ot trust bus Qoeo not eo-slgn tha unde�ying debt InsVume�ta)daea so onty to �am and convey thet . _ � -
<br /> � 8oaowoe's interest in the proC�tll�ue Trustee under the terma of tnta Qeed oTtrust.In aQdltian,euch a Bortower agrees that tho lsnder end � : .
<br /> � enY other Borrowor urtQer this dsed oi vust may extend,modifv or mako any othe�cfiangea in tAe terms of Ws daod of fruat or the sacurad • �
<br /> `_+ • :•,. ' � ° � debt wlthout that Borrowers c�nsa►n ene withaut wtoasing that Borrower from tho terms of thia deed of trurR. • . . ,
<br /> . ? � The duUes and benefrts o!thts deed of trust stt�l bind and baneftt the suceessore and assigns ot Lende�and Bortowar. " � `..`
<br /> 18.Notice.Unloss otherwise requUed by law,�ny notico to Bonoweo shaU be Bjven by dellveting it or by mailing it by certiAed mttil pQQtOSSCd to .• .• �
<br /> �• � BOaawer at ttto proporty eddress or arty�otAer admross that Borrower has givan to LenQet.Borrower wie give at►y rtaUce to Lender by certiflnd '-,.-= � --r-->:.;
<br /> �;Y; � mail to Lertdor's addreas on pago 1 01 thfa daed of trusL or to any other eddresa uuhtch Lender has designate0.My otfier noUce to Lendur shall . . �
<br /> ��: � be sent to LenQer's edQress as steted on pago 1 of this Qeed o4 uust. . � . :
<br /> '' ' . , Any notito shati be QeemeO to have Ceen glven to BoRCwer or Lander whon glven in tfie marorer stated abova. ' : �
<br /> "'�' 19.Tran�fm M ffio Royarty or o BonofteTaf hKarest In tho Banowe�.lf etl ar en}r part of the properiv or any irnereat In it Is sotd or uanstarred ,
<br /> • wlUrout Lender'a pdor wrrtten consein,Lender may demand immedlato payment of th9 secured dabt. lendar may afso Qemand immediete .
<br /> � Eomand pHaymeaM in the aDova so ituaUons if rt tssprohl6hed Dy t Qetei taw�ue.9g o�te de6te�o!twhets deed o}tiu t8nsterced.Movlever, Lender may aot . . ,
<br /> � � � � 20.Rc�aanvoyaneo.Whon the obiigativn socurod Cy thts deed o!vust hes 6aen paid end londor has no further obligaUon to mako edvanees . �
<br /> � undar the Instrumoms ot egreements secured by this dood of trust,tAe Truatee shalr upon writton request b the Lender,reoomrey tt►e trust .
<br /> • . . propertyl.The Londer shall dativer to tho Bonowar,or to Borrowo�'s sueeassar in Interest,the trust deod and tXe note o�other evlQenee of tho. .
<br /> , • ' � ohligaUon so satisfled.�orrower sha11 pay any recordaUon eosta. ,_
<br /> 21.Suecoaaor Tnastoe. lender, at LenQeda o tlon, may remove Trustee and appoint e successor trustee by ilrst, maiiing a eopy ot tho
<br /> ' substitution of trustoe as raquired by applieabte Paw,and thon,bv fili�Q the substitutton of Uusteo tor�ecord In tfie otfice ot the toglstor of Qead9 �
<br /> ' ot each county in whieh the vust property,or somepan thereol,is situatad.TAa successor uuatee,witheut eonvayaneo of the proporty,shall
<br /> . � • � � sueeeed to ail the pawor,duHes,authority artd titta oT the Trusteo namod in tha deed of Vust and af any suceessor truatao. � .
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<br /> • . . BAMfER55YSTEMS.WC..S7.CtAUD.MN 69301 It-80039743A71 FOHt�OCP-tNT6NE&1991 ' . . ..
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