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<br /> �` �fl18�8 79up t113 OR Sh4 69L'tRH�Q8�1!W}IP.fl dtl0. Ui1�8SS BOilOWBr ����lTSB.8J1Y. `o- `y�..
<br /> . ' _ - 1. paymc�a. Botrower e�eea ad first to. amavnta Bcrtower owas on ths eeaned dsbt .
<br /> paymeMe LsnQsr rseoives ficm Bcrtawar ar ior Bo�owei'a benefit wiJl Cf�D��IrtRe�o�the seaued EeDt o�us 4or enl/reasan.it wiD ~��.`�,,,.�r.
<br /> `,.,�: 6uetu8lYB W�nter8st ot pt(ne3pal.eeGOttd t0 itlieiest.en0 t21o11 to prTnCtptlf. P ;�,,
<br />- .�Q`.`µ ' `," not tttduC9 Or a�twse t►nY SCt�s4�Aad paVtrteM 1ntU7,1f�esaued de.bt iG Aetd in tul)._4_��y�.�-� , .-•` -
<br /> ' s��� .aEttIDOt6tl��b�+ �roDenN whan 6ue ertd wm siefend Lttte -:`.�,�-' �
<br /> ` �`'��.1 a.C�ms Agatnat TtBe.Borrodvet wiD palt ai!tazos.saseasmar►ts,est2 �.
<br /> 4. W the ptcDE e any � rrower tu a�sT an d ct8lms Or
<br /> �tr�st afaims vdhICh woute tmyab ths r�an ot �s5id�of��er((.m� r�re the 9�D�1►• 9� v 8�.
<br /> ` . . � datenses wN��orrotver m.�Y hava eSainst DarUes uvho suDAN °!��" J. G'Fa�r�� ,'
<br /> .e`t� ` • `: �. 8,psxus�ea,Bnrrosvar wnt geep ths ampeny tns,nea unster te te-ta s�yense au►a to.le,�ffera eensfit:Au :` `°;:•�.,�,
<br /> i���polLdas�sttyaD UtcW�e a slandard mmaoyrffiEago0 elmise in tavar of tander.Lenda►wID 6e named es Ioss paYae ar es the insiued an eny suet� �:�` � - .`
<br /> • o m��a�u�e d d a 6 L H�re q s d ies m a rt g a g e 8[n�uanea�.Bc aw�er e�a m�ma''ustOtsU►�ch�ana foi ea ro�g es�i.e�nde�rere4nU�e.9W�Pe�Y _'�._
<br /> q.p�ycrty.Borrower wiD kesp the propa�ty in good cond'rtion and make alt repatrs reasanebN neoessa�Sr• b'�`
<br /> �; � ,
<br /> �,�.S a u o�e r8�e$3 to�all Lender's o�enses.tnetudinU reasonabta attorrteys'feea,if Bortoarer breaks a+ry�vena�in thtK deed
<br /> � ot trust os in anY obQ g a t�a n seaue d b V thts dee d a g t ro s t.Bo�r o v i r�w�f O a Y t fi e s e e m o u rt s t n l a r�s s s i�v l d s d�C ovanarrt 8 oT thta deed ot -
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<br /> ��� _ . 8.d�dar Seauity iniereste.ttntess Bor�mver first o6tains lsnCe�s writcen wns�st.@arrowe►wAll nat make a permit erry changes to afi►Ds�r __ .. ,_.-
<br /> •.v ...�,.��,� securiry itfte(ea�a Borrower tvfll oetfatrtt 80 of Bnrmwet's obGgattorts under aI►y priat mortga9e.Qeed of uust or athar security a�eemetrt. ._
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<br /> Irr�Gtdfi9 BotrowrePe mven8rit8 to make paytaeRts�nrhen due. �`; '�`
<br /> nTess Borrowet 8nd Lender have agtBed ��`'v°
<br /> p� of RetRS and CroSb.Bocrower asstgns to Lender the rents artd profits o!the properht-�( � ���.
<br /> otAerv►�ss in�wri4tn0.Barrawar mal►coltect and retafi tha rerrts as tartg as Borrower ia nat in dsfauJt.H Bortawer detautis.Lender,Ler.de�s �
<br /> <, ,. -- . ' agert,or a eourt epDointcid teceiver ma taka�possession and manage the propenll 8�d coitect tPfe rer�. retrts Lender on�ecta snatl�e
<br /> (ertt812r.°°..nffi,ei►d 8BY Othet :..;�..; -
<br /> ,- ` ,.,.� ePDtIad tbst w the costa of m�a8�g�D�Oe�Y.Inctafimg�����enLO�tl�i�a�sew�red d�ebt�a�vtded�n�venant�l. .. .�:,_
<br /> '.~ ` nee�sarlr retated e�enses.Tha remalnin9 smourtt at reRte wiu ,.�.:.. _
<br /> ``` �`�V �. 8.teasehotds•CanEomfnGum�:Pl�ned Uatt Deve4a8me�.Bortowet agrees to comph/wkh the pravistons o!arry tease if t3rs dead of trust is on. , h; -
<br /> . � `,� � � �. ' . a Iaasehofd.I�thE9 desd of Yrust is an a unit in a condomirJum or a p7annad unit Govetopmer�t.Bonower vui�i pertorm all ot Borrowers dutiiss .�r .,`. ,
<br /> �nder y�Q cuvenar�,bylaws,or►eeufatior�a ot the condnmWum or ptanned unit deveiopmem. ' E �=
<br /> 8.�UQtU7fty 01 L691d�t0 PFStTOfft1161 BOJf01YE7.f}BOR01N6f f83IS t0 �([I�81►% �R�8�9�in°�unt I}Q^r�BCBSSery f+0�p8�0�ei1C8�f 8liY `� ���
<br /> ., � p�{a��Qutfas or eause them m Oa perMrtned.���1►818�� p • � ;
<br /> `��:ti��'� ,. . .00lSSGItCti0I1 Otl th9 OpBrtY i!dfSCOM111JN9a Ot ti0t C8Il�8d Ot{itl 8 t8850ri8�8 Iilai6W7.L9rtd8T RIS�/dD YfA18t6V8/I3 RBC85StlIY����8 .. . ,.,,.... --
<br /> �. �, se�n►�,mrese��a�oaern.na�amv�a�ee��s�r�s��o�,��. � ;'��� -��
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<br /> - - - -.:--ti, Lendera taUiue w perfurtn will rwt prectuQs LenQes trom e�mcdstng eay ot ita other righte under the taw or ahts Caed of wsc. =:.,:,,.. :
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<br /> � . � q�y eci►im�nts paLd by LenQer to protect Landers searitY Tnterest wiii 6e ceased by ttds deed of trust..S4sch amaurrte+nritf 60 dus on demand .
<br /> snd y�i�p pear imereat itom tl�e date oi.the p�finert u�til paia(n tufl et tha irtterest rete in af[ect on the secwed detn. �
<br /> . . 10. Oafea�end Accalarati�rt.if 8arrower feifs La m��90af dee�ot etrust�,�tsnder me�acatera�te�e matiuitY of tha secured�debt a 0 :+ F�-
<br /> obllgatlon seauod this deea of'uuat or any p►i �py�Dfic�hie iaw. -. '.. ,."�
<br /> ti Qemand(mmediate�ymerK end n+aY tnwke ths powar ot eate and enlf otfior remedtes Derm . ....�,;.-.-_
<br /> ' 11.Re�eest for Hafles of Qsfa�df.It Fa Aereby requested that eopiss of the notiws af detsuft and sat�bs sent to ea�F►person who is a party ',s::::, °
<br /> , . hereto.at 8te address of each such parcon,ae set tortA harein.
<br /> 92.Powr�of Sat�tt tAe Lendes imrokea the povaer of eaie,the lnistee shall first iecord In tAe oHica og�the regiater o t deeds af each ca u n t Y �.,; `
<br /> ,'`.� wRerein the vust ProPanY cr some part or parca!thereof is atweted a notice of defauR co�intr�g��riA M�th�p�aQSOns tas p�ro�s�'Thod�bye �
<br /> shaU et�o mafl capies of tft�a catice of defeutt to the Borrower.to eaeh parson who is e P�Y h is not i�rbiy �.,��". �:_
<br /> � apAliqbie taw.Nat Iess than one montA sfte►the Ttustee racards the notfca of defaul or two mot�Uss H�vuat ProPenS►
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<br /> `' irtwrporated eHy et viUage�nd io used in tamiing operattons carried on by the bustor,tha�ruatee shali give puyb ic notice ot eate to ffie persoim ;�.:..-�
<br /> ' • • " end In tho mannor presaibed Dv apDDn�ble law.Tna►oee.�e shail otdfei the propeitl► �two�sep�sefes�as�e�0.Uued 6H e�Dfl�ca610 l�aw f ,
<br /> • � • � bidder.(t reWired by tA0 Farm F4ameatead Pcotection Act, .
<br /> " • �� nne 88Ia at a0 or any parc�el ot t�0 property by publie announcemeM et tha tlme and p��of arry Oreviously scheduled sate.
<br /> .. , . ��:��',:i- -
<br /> • T�uatee m8Y Po�D
<br /> �-�. • . • Lsndar ar Ns designee maY Du��e�a poroparry at erry sete. � ;;
<br /> The recldsTs contaii�ed in y:
<br /> Upo�1 rc;coipt ot payment of the prtca DIO,T�ustsa s8a1t defaer to the p�uchasar Tnistee'e deed eamravtng d►e proparty. � _. �: ,
<br /> Tiustes's dead shall be prima facie evJQience of the wth at the statemerts cor�tned tt�orein.7rustee&half epply the proe:eeds ot ths e�fe in the �A�__
<br /> toAowing order. Ial 4o e1� expanses ot the sa1e, inciading, b�t not Ilmhed w, reasonahte Trustee's tees, reasonabta attomey's teea and � ,T
<br /> � retnstatement tees:(bl to atl aums seciued by this deed of wst,and(cI the batanc0,if arry,to the persans tegairy entiUed to recehre it. �
<br /> , �a^��Y _..
<br /> • 13.Faredoaiue.At 4onder'e opdon,this deed of truat mey 6e tareciosed in the manner provtde by apDllcaDte taw tor forectosure ot moitgagea t
<br /> . . on�eal ptoperty. � _
<br /> ... 14,hmnecHan.Lendor ma�e�asr the praperty to inspect h if I.endar glves Banowar notice betorehand.TNe aottce must atare the reasona6te ' i j� - ,_Y
<br /> � cause for Lendere fnspection. � ' � � �' � _
<br /> 16,CffnQerruw.+�..on.Bartower essi�ns to Ler.der tha proceeds of anV award or ela[m tor Oamagea eon�ected wlth a eonQemnaUon dr ather teking - -._,
<br /> ,;��; .;:• ot all or any G�t of the prayariY•Sueh Dre�d�wf!►be eODUed aa Diovtdad In Covenant 1.Thia essignment ia subject to the torms of any prtor � :� '�
<br /> . . .' ` seCUtlty a�ffitll. . `�'�� -
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<br /> i , 18.Wctv�r.By exereising any remedy evaitable to Lender,Lender doea not gtve u any rishts to iater use ar�V other remedy._By not exerdsi� �
<br /> � � any remedy upon Bonawer's Qefautt,�.ender does not waive any dgM w late►consPder the event a Qefauft if it hapDens again. ,,, , _
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<br /> �� � " ' •: . 17.Jolnt r s a d Sova r e D L[a b ID . C o-a i 9 n a r a;S u c e c s e o�e rt d A a s i g n 9 Baund. AII dutiea ue�dar this E d of trust are joUtt and several: Arry
<br /> � Bortowar whu eo-signa this�eed of trust 6ut does not co-sign tho unQerlying deLt inatrumontls)
<br /> ces so onty to �arn ond eonvey t h a t
<br /> s:� � B orrower's isKetest in the properry to the Tcustae under the terma of thia deea oftrus�In addiUon,sueh a Borrovver egreea that tho Lender and ___
<br /> ' ' a�ry ptRer Bc�wer un der t h i�deo d o f t r u s x m a y e x t e n d,m o diiv o r m e k e a n y o t h e r c h a n g e a i n t h e t e t m s o f t h i s Q e e d o f V u s t or t1r3 seeured
<br /> � ' debt withcut t�::at Borrowar'e consent and without�atoasing that Borrower nom tha terms of thta Geed of trust. •
<br /> •y,;,�• ' ,: ' � • Tho duUes and berroflte of thi9 deed of trust sh�0 Ofnd anA Oenefit the successare and assigns o!LenQer end BoROwor. • ;_�•�� ..
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<br /> - 1E1.NaB�o.Unlosa otherwise required by Iaw,any notice to BoROwer sfiail6e given by Qeftvering ii or by mailing it by certifled mai)adQr6ssed to
<br /> " gortawe�at tka pro erty eQdresB o►enY other address thaL Bortower Aas gtven to I�nder.Borcowar witl eive eny noUce to Lender 6y certifled _ _ •
<br /> � ' � " b sent to La�uare�a��e�si i�a on���t a!t�hls deed oi VusQtt.her aCdress vMlch Lender ha3 desig�amA.Any othor nottce ca Lr�r shall -
<br /> , � � My notirs shall be deemed to have been givQn to Bano+ncer or Lender when glven in tAe msnner stated abmre. � •.
<br /> � 19.Transtar of tha F�roperty ar e Benefieiaf tMOroat in th9 Borrowor.if all ar any part o!the property or any interest in is is cofd or tranaterrea •
<br /> � � without Lender's prlor written consent, LenQBr may demand immediate paymertt ot tho secured debt. Lender may d�demand Immediat0
<br /> ' � � Q m�anA p 1r�merrt In U�e ubow situ t ons lt rt is ptotubted by fod rai l we�as of tha daBta of t�hls deed,�uus�atetred.Howavet, tandor may not .
<br /> 20.Rocattvoytmce.When th0 obligaUan awured by this daed of Vust has been patd and Lender ha�no turther o6tlgatlan to make 6dvanees �
<br /> - undor the instruments ora�oemants seeurod by thi9 Qeed of trust,the Trustae ahai�upon wrkten request bV the Lender,tecomrey the trust
<br /> � . obligaUrton so sat8lsfedgBorrowe�r shall pay any rectrdatlon8��ars suetossor in inter�L the ttust Qeed and tpe note ar other evldance ot the . .
<br /> • • ' 27.Sateeoaaas Tn�tQa. tendor,at LendeYs oaUon, rxay remove TmstoQ and appoint a suceessor uustee by ilrst, mailing a copytot the
<br /> ' substitution of ttuetee as reQuiled by applica6ta taw,end tnen,bY rlin$tt�suraS�tutlon of trusteo tor rocortl tA tha offiCA of the register of dead9
<br /> � of eacl�county in wNch the truat property.or some part thereof,is sttueted.Tha successor vus2ee,without eonveyance of tha prop�rty, shail
<br /> � .. • . • succeed to all the powor,duNes,authority and title of the Trustee named in the deed of trusband ot any suceessor trustee. : <
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<br /> ' �. BAfUlEHS SYSTEMS.INC..ST•CtOUD.MN 68301 N�90P397-43111 iORM OCP-MT6NE 611991
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