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<br /> , 1.paymcr►�.8otmwar egress w make���Bart�awe�s enefi2�d be aDDffed fi�t m�eir�o�Bor�mwer ov es on ths�e�n`► a � . :
<br /> � � 4�� ' pbyt�te�a Eendet r�eetves tfom 668rro e�isrteres[.�and n to at.lf al re llment of the seeured dest oeeurs tor anv reason.k vnitl � :ti�.
<br /> � exeRt�We of irtarest or prinGpal. ��on� Drir►eTD �P D� ' ,'-
<br /> .: <`. not seEuae or�use amr s�ded pavmem urtil �;,:::r :r�c sa -r"r i`: ;,
<br /> �,�Cintms f4getnst�Barca w e r w N p a y a I l t a x e s.a s s T �p{ e Lo thepropartl/when due mid wit!dotend titie .
<br /> `<�<` •"� r ay requtre Borroau�m a s s i�e n Y t i S M n,d a m�s o r ,_
<br /> �opsrty og aSnst anY daims wtdth woutd Unyatr Q f �D��( M��r maL�tain She DroPertf►•
<br /> � •. � dsta�i�saa tvhid�Bortower mall��►e eSainst parttes wAo � �--� • ` �
<br /> — `�'�`•�, ���jyj���I�JiCItiQB St6IId8fd�fil�o�{a�tltlQO�i�i��I8� �d��088�8 Of 881It9 II181II8�O 8R�1 SIIC�f ,'�.`.�;``�r..._
<br /> . .,.. i��ist�ariG9 Dolicy.My in�uanw praceads may 6�aDpI'rad,wfd�in Lenda�a disastion.to eid�et the�esmration ar repatr of tha damaged DroDe�Y ?�F� '�� ;
<br /> - .� `�'" ' or to the eeatPed deSL If Len6er req,�ires mortgaSa insurance.Borrower a9resa to mahaain sE;ch irisurance far as Wng as Lender requ6es. �.,, , ...,..-
<br /> `�,` , <.:,�K;,<r q,p�oyo-�y.Bortower vrID iceep Uro DroDBKN in gobd condkion and rttake atl repaira reascnably neeessarl►.
<br /> ;-� 6,�cnaac�.Bortower a�ees tQ D e�1 Lender's expensas.inctufing reasonable attomeys'taes.if Horcawer hreaks enY covenants I+�t�is deed _ _ ,
<br /> n - of vuat or tn anY oUlfSation sedued�dds deed o!uus4 Bosruwar�pay Ueess emouMe ta LenQer as pravIded in Covanarn 9 of thts deed o!
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<br /> y`�.s� • 6.PrimSeranttY�.Untess Bosrowar fust obtetns LendeR'e wr(tten eonse�rt.Borrower wt11 not make or permit�y chan8e$m anY P�� . ,�.,, :�`
<br />_ • • •: s��y��..Bormyver w�l perform eD of Bortower's obQgations under any Orior mortgage,deed of trust or other sseurrtY agreamem. � ;F ..�.. -
<br /> . `�" , inciuding Horrowers covena�to meke D�e�when due. • E
<br /> .� �� ����B o m w B�r�ma�jl�w ll�e e t�a n d t a l�n�te re�a�s an�g�Bc ov�veiisnot n d�efautt Ii BorBrower�drefau ts,�Lende�ler ders � t�.---, '
<br /> s .� ;'- ages►L or a eoutt apPoimed tecahrer may taice Possess�on and manage the proyeRY an d����ons m re�cmti� a�i�d�other �� +` `S�� ---
<br /> ayp�ied ttrst tu the casts of managing t�he pr�inctud'u�g emat ecsts and attomaYs'
<br /> . . . •;� ne�s e c y r e t a t e d e�a n s e s.Th e remainin 9 a�o�mt of�v�titl�aDP�Y m Pavm�on the seaued detrt as provided na Covenant t. ;'':• , r ,•�-_-
<br /> , �r jr g;���Sy Cendomintums:PPammd U�t Dav�laymmrts.Bartower a�e es to eompN with the pmvisions of anV tease it t+us deed of trust ts on �.f� . °
<br /> ti . �Y.,S a teasel�ot0.It titis dead of vust is un a�mit in a wndomlNum or a ptanned�mii aevelopmer�i.Borrower wHl perform aQ of Borrowar's duties --
<br /> , e.= u n d e r t h a o o v e n a e t s.W-l a w s•o r r e g u t a t ions of the condomWum oo planned ucut developme�x.
<br /> tti�.:: �
<br /> z:f 9.f�uthaiiYll o!L�ndor to Per[ami To�Barm�ar-(f Bormwer taits top erfartn ar►Y ot Borrowere dWes under tlils deed of m�sL LenQer may .
<br /> .. perfqrm ths dude3 or cause them to bs Pe�fom+ed:Lendar malt sign eortower's name or pay anY emaurtt if necessary for peAom�ar�ce.H e►►y `:.�'..-
<br /> cansnuetion on the is disea�nued or not cffiriad on in a reasanable mannor,Lender may do vuhatever is necesserY to DratecY Lenders
<br /> ., - . .� seeurily irRerest fn e property.7his may indude compietin9 ffia eonsuucHon. .
<br /> S _i � '�'�'"';� Lend�a fa�ura to petform vu�U not Preduda�ender tmm exercising anll ot itg other Bghts under the lsw ar Ws deed ot tncat ��
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<br /> Any @mcur�Daid qN Le^der t°a°tec��end�8 80������;tie ssacured by Ws dsed ot trus�Suclf emounte wftl Ee duo on dasnahd p__
<br /> and will 6osr interest from the date of the Payment untll Datd in fult et the inmrest rete in effect on tha seaue8 dobt.
<br /> � 10. Oatault and AaaTareBan.N Barrower taifa to make eay paYmeat when due or Oteaka any caventurts unQe►thls deeA of ttttst or enV ----
<br /> obltg8ttan seuued by tAts deed af Lrust or an11 Orlar maRgage or dead ot uust,Londer may aeceterate�Ute matu►IlY of Me e°wras QeDt and �(-�_a=
<br /> .�. , :� �.:,��,�. Qemand immedlbte P�BM end may[moica the OotMer of sate end any otfiar temedles permhted bY apOlteable law. ... �� v:--
<br /> ' �. heie Ro e3t�tl�i�BQ�e.�s�of eech sud��D r8 son�as sat f�aoB�i here tn.wples of the natfcea of detautt and eata De ser►t tu eaeh Peraon who is a OartY ---
<br /> r`!� � 12.Powar o!6ete.lt the Lender tnwkes tfie power ot sate,the Trustee shalt fi►at�acard(n the oftice ot the�e�ter o!QseQs of oaeh cowtY r':.;, _._—.
<br /> i�� �• wttereln thb trust DroO�Y or somu paR or parcel thereo!Is sttuatad e notiee of Qeta�Jtt co�telning the irMormatlo�i requhed by law:7Go Ttustee • —
<br /> � shatl atso ma7 copies of tAe natice of defaNt to tAe Borrowar,to eacA person wha is a partY hereto.aad to other petsans ae �ro�bnd� V: ._
<br /> . �,;' a D D l i c a M s l a w. N o t{9ss than one motrth after the Tnistee recarQs the noUce ot defau or two mcMha if the Vust O�OertS►� ,r�.-_ -
<br /> � (ncatppr e t a d city o r v f l i a 8 s a n dp iys u s e d i n f a r m t n g op e r e t i o n a c a r r i e d o n D y t h e t r u s m r,t h e�n i a t a�s h a 1 1 q l v e p u b ll c aoUae of e8ta w the�rsorts t �,•.,".:_____
<br /> , � ' . . . bidder.ff teq irpd bl�the�bFerm HomDestead RaetWecdon Aet.Tn�is�tee sha eo er tho propertv i�r�two eepar0�ate s�ales as�a�4uired EY eDDS t hcabte�l�a ew �_4-_--=_-
<br /> . � � � 7wsGSe msy posWGne sala of all ot eny Parcel of the D�oPs�1l bY Ou6tic annourtcemem at the tlma e�a plaee of eny ptevtotssty sct�eQutad este. : :;u��.
<br /> LsnQet ar ite destgnee may purchase tA0 proDertY at any ssfe. -•
<br /> �¢ The�ecidats corctatned in i-� -- __
<br /> Uponreesipt ofp�ymont ot the prlee bid,Tnutee shall deliver to the purchaset T�ustee's deed conve y fng t he proye r N. _
<br /> " ' Trustee's deed ah- alt ba pdma fade e+rldience ot the uuth of the statemertta eontatned thereln.Tnistee sha11 apply the proceeds of the sata In the _ __—.
<br /> ' � � � � foltowing order. ta?� all eupenses oi the sale, inctuding, but not limited to, reasonabtB Trustee's tees, teasanaLte attamalfs fees end : ;:T_,�
<br /> � : . • retnstatement tees;ib)to atl sums secEUad bY thi9 Qeed of trust,and lcl the 6alanee,it any,to the persorts Iegally eMided to recetve it. ,._Y..'�_
<br />, � � '• 'i � 13.faradosure.At Lenders option,this deed u!ttust may Ea toreclosed In the manner provide by applicable law tor toreclasure of mortgages �.s�:��,
<br /> . . , . . ' on reel D�D�rtY• �;•�:r."..• �,�f'�
<br /> � � 14,Inspectton.I.ender mey enter the property to inspect it it Lender gives Borrower noUce beforehand.The nodce must stete the reasonabie� ;,,��,_
<br /> £ � . . . � cause for lender's inspeetion. � -
<br /> . ` r� ,�� af a0 or an�y p�a�Vrt u!Uis prWOAeRYt S���o��will be aDOtisd as p o�Qin Covena tet aThis a�snsi�m8�s:2�ueb ect to t1�9 tertns ot�am►t prtd9 -- - _-_
<br /> � ' seauity agteemeM. --
<br /> 76.Walvet.BY exerdsing any remedv aveilabto to Lender,LenQet does not gtve u�any rlghte to later use arry other remedy.BV not exerdstng ;_�
<br />-`,�� � • any remedy upon BartowePe default,Lender does not waive erry right to later eons der the event a detautt H h hapPens agein. _. _��,:;•_
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<br /> 17,Jah�e ond Sovaral ltah�tY:Coslgnera: S�sceaaorr and AaslBns Baund• AII QuUes unAer thia deed of wst ere jotnt end severat.Any
<br /> '� Bortower v+fio cas�6ns thie cee0 of trust 4ert doea not co-sign the underlvEng debt insuumert(s) does so onty to grant and comreY that
<br /> Bortower's Urterest in the propertv to the Trussee undet the terms of ttils deed of Wst.tn aQdi�on such e�attower agrees that the Lendar end
<br /> �� ` . any other Borrower under tti;s Qeed of trust may extend,moditLr or make arry other changea in tfie terms o!thls deed o!trust or the secured
<br /> � � �'�-� Qebt Hfithout thai Bcrtowafa ooasent and without releasing that eonowet hom Me terma of this Qeed of Vust. . ..
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<br /> � " � � 7he duUea and beneftts of thia Qeed of wst shafl btnd and beneflt the suceeasora and esslgns of Lender and Bot[ower. , •:_ �•
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<br /> � ' ` 18,tlotTco.Unfess otherwlse requhed by law,any notice to Borrower shall be givan by Qefivering it or by maiHng it bVi certifled mail aQdra3sed to �`•��.� .
<br /> � � Borrower at tha property address or amr a�er address that Borrower hae given to LenQor.Borrower wiQ glve any nottce to Lender by eerdfied .
<br /> . � _ '.. ... � be aont to�lendefs eddress eps gatated on page 1 of t�hls ee d o}dust�er anfress whlch l.endot has Qeslgnated.Any other rtoUce to L�nder shall .
<br /> , � � Any noUce ehatl be Qeemed to have been glven to Bonower or Lender when given in the manner steted ebove. •• • . _
<br /> 19.Transter of tho PircPert!►c�o Baneflelal lr�torest tn thB Borrowar.If afl or any part ot the propertt►or a�ry interes!in it is sotd or trensferced � • �
<br /> ' �� Hrithput �onQer's prlot wrltten eonsent, Lender may demand lmmediate payment of the sacured de6t. lender may atso domand Immedleta . .
<br /> Qomand paymeneln the above s uatl8on`i�n i9 p onienea ev r ee�a iew eg oi ene da a o+i��g ae dtof vustansferred.However,Lender may not .
<br /> 20.Rae4mroyatico.When the obtigatlon secured by thia deed of vust has baen paid and Lender has no turther obllgaUon to make ed�rances
<br /> urMei the insuuments or egreemomo secured by this deed of ause,the 7rustee shat�upon vu►ltten�equest by the Lender,reeonvey tho trust , ,
<br /> ' � • pro�arty.The LenQor shall daliver to tho Borrower,or to Borrower's successor in intereaL the trust doed and tho note or other evldence of tho ' ,
<br /> � o6llgeUon so satlsfled.Borrower shatl pay any reeordation casta.
<br /> ;::�: . 21.Succasaor Ttuatoo. Lender, at LendePs option, maV�emove Trustee and appoint a successot m�stee by flrat, maiting a copy of the
<br /> subsCdution uf trustee as required by applicalSs law,and the�,by tiling the substitution of trustee tat recard in the oftice ot the reglster af deeQa
<br /> . � .. - � • , suCef ed to elt�the powa�i tQut,ea euthoriri a d title oi the Trustee nam den the Qeed o!usust and of e y sveCessor Vuetea of the property,sha11
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<br /> • IPeBe 2 of?/
<br />�' . gpM(ERS SySTEMS,INC.,ST.CLOUO,MN 59301 It•80a397•130fl FORM OCD•MTQNE 8119H7 � ' _�
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