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<br /> _j�,�< L. NotRrithstand'mg n � M Deed of Trust to the oonfraijr.i#c iR"�oi tSis sr�tit�s st�alZ f,'�'�'
<br /> : <`r '.- s�uvh,e any foiectosvze ar�ar�of dris Deed of Tzast r�g9rdless of aaY P�Be ot Ntte to Bcaeffdaty or aay �„�
<br />- �� �` � d�sPasition vY�+of aay or all of the Pmpe�ty.A�r claima aud def�ses ta t)is costcary are hecrt�Y waive�. ,�
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<br /> ..<:�.''.�. , � Z0.CONDFd1�lA�ION.Tmswr w�l'give B�ciffiy pmmpt nouce of any actioe.r�al or threatea�. by priv�te or puDlic :q��`.,:
<br /> . :„ . _r�:��. tbtongb coad¢amattoa.emincat doa�aln. �:�",
<br /> emitces to pucchase or take any or atl of the Property,indn�ing aay�ts. b. �,
<br /> , . '. ` '4�• oT any other means.Tmstor fmrther agre�s w norify B�efciaiY of any pmoe�fnstImted fot the establishme�t of any -
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<br /> -'-KF�-'=;r=�=�.- sewer,wat�,conserva�on.di�ch,drainage.or other distr�x r�lsting[o or binding upgnn the Rope[ty ar any part of it. '^,`�.
<br /> r---'`rt • 1'mswr�thor�Beneficiary to intervene in Tmscor's aame in amy of dte abave des�ib�i�rians ar cW�ms�nd to ao}!e� -
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<br /> �-� - and�weive ali sums�ting fr+om the action or claim.TmsEOr assEgos w B�s�r t�pr�s of es�y�w�td dr e1a1m
<br /> � �„ .. .�` for damages canmeaed wah a wndemnation or other takiag of all or aay part af t�Progeny. Ssuh pro�eeds s4u�U be F "
<br /> ::�;' :: ca�ideted payments aad w�71 be applied as pmvided in this Derd of Tmst.This assigament of proceelts ia subJe�t ro tte .: `:
<br /> f.� -� `;��� . tetms�f aay prior ses�ritY ag�eu�- :°�,.�Y`
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<br />: . ` �..�`' °� 21.INSI3I3ANCE.T:uswr agreas to mamtaia�nstaance as follows: _ �:<
<br /> F �� ''y:� ins�red against loss by Sre,theft aad other harards and tiaks�asooably assocleteA .
<br /> s; A. Tinstor s6a11 keep tbe Prope�ty ` �
<br /> " ° a�the Pmpe�ty dae to its tqpe aad locatian.dther�rds and msks taay indudG for exetupte.wverag�e against
<br /> . `� ,'�:`.�,�� luss due w floods or flaoding. 7�is insasaace st�att 6e maintaiaed in the am6unts end fot lti� pertads t� r`:
<br />' t�� � �;�;. Be�efiais[p r�. �e insuiance cauier providing the ins�uaace shail 6e.chosen by Truator subjept to :.<.:-�.
<br /> � ' - --`�:`� whic3� shail not be uureasonably withheld. If Tinswr fai3s to inaiutaln v�g e w-�
<br /> •';` ��` _ -`; ; �ahuve,�B�'e�eSc�acy maq, at Beueficiaty's optlon..obtain covemge to protect BetteRdary's�ghte ia tne `t:T'
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<br /> �� �f ; � ��' propecty aooasding w See tem�of t h i s D e e d o f T r n s t.
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<br /> :`' =•�.� AI3 �golIcIes and renewals shall 6e acc�tab2e to Benefctary �d shall iactuGe 8 stmld8td'tttortge�e -
<br /> ;;���;;:, cianse" mmd,where aPP1lcab2e. "benefic�aiq toss paq�ct�se' Tmstar aha11 LmneQiatety aott�►��5►af _
<br /> ,=-: :-.� �� c�lat�oa os t�atian of.the ins�. B�Y shall have the rIgint t�hold thepolldes al¢d cenewata•U
<br /> �.;;; ^,:- -<y�. :=;,: Ttmsws sbaU im�diately gtve to Ba►eScla�y a11 rece3pts of patd�r�semiums aad repewal
<br /> - - =:.`.�:=.-� n�'ot�s.�Qpnn�1�oss.lYnswr shak give im�aediate nouce w the ins�rance cazsier aa d$e�ft d a t y. 8 e n e fl c i a t�►maY
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<br /> �,� ,-=�� - t�ake pruof a�Ioss if not mads imm�diaieiY bY'Tn�stor. '.
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<br /> � "�.:�� Untess Benef3ciary ana Tiaswr othetvvise a�tee in wrldng,lnsu�ce Pmoeeds sLall beappl�ed to tesW��tlon os y
<br /> � �`; � z+epair of the PmFertq da�ged if We�estoralion os r�alr is econorn�tcariy feaslble aad S�iCtary's s�tq�S aot
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<br />,. "'�;:. ';:� `�:;_.fi.� lesswod.If the resta�on or repair is not economicallY fea�ble or Be�eBcl�ry's secority woutd be t�sea�.th� •�•'
<br /> �'-,::;'°�;-..- �proceeds eliati be appHed w�e Seaued Debt,whedier ar aot t1�n dae.wtih aay excess pafd�a�Yu�r. ___,
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<br /> ,. ." �, : �TtUS�Oi$bAQdOnB t$C p[OpCi[9.OI dOCB a0I 8I1SWR W�30�8�8 S DO�OC$�OID�8�C1&!�I I�AI lh8� � ---
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<br /> `:�;;�� .4:::;:,�,.'��: cand�has offe�ed to settie a claim,th�Beneficisry may oollect the�ce.pmceeds.8�ae8cimY�Y�� �
<br /> pmoeeds w repair or�store the Prop�tq ar w pay the Secured Debt wh�er or not theu Que.'i�e 30�day Qeriofl —
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<br /> :>•:A':,. __-�.:..� wIll be�n when the�otice ia gtven. . . , ----
<br /> � i` � ��� � Unleas aeueficiaiy aad Tiastar omercvLse agiee ia arrtt�ag,su7+app�c�au uf pio�eds to�siu���t� --
<br /> ...,..:.,.;. ,��..•'�;�: _ os the dae date of schedvIed paymeats or cJ�ge t�e amuunt of the paym�te. the is acqaired
<br /> .: -::E; `'::�" ��:y,-.. , TtUB[Or'S tj t0 �SC pOlideB 8Ad fN1II�8 W t11B P[0 �OtB
<br /> , �.��;�� .. .,�. . the acquisIflon'abaA pass m�eftciary w the extent of the Socur��Debt�$I�nediatety before the � don:
<br /> '�{ ' �:: =�`�-; B. Tiastor agc�es w malntain comprehenstve genelal lisbility ius�uance a�ag B�aiY aa an onsl iasuted itt
<br /> ;: ';:;::� ':::� aa amo�mr ac�tabte w Beneflciaty►,insar�ng againsc datins atLs�ag fmin a�r saddeut or oaurrenoe ia as on the �.
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<br /> '.; ,:.:'_".:=;:�� � C. 'hustas�agrees to malntaia rental2oss or bnsiaess iatenuPdon i�snra�ce.as r�eqoire�b�►.Beae�ciary.iu sa amount
<br /> `�,..`::�`:.,.�:;� .,��: equat to a�least coverage af ane peaz's do�at serviae.aad sequlred escrow acoaunt�oslts(if ag[eoA w separately
<br /> " � ' • ia aRIt�r ImdeY a fomlof pOliCy sccce�t2b18 t0 BwaSciary. . .
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<br /> � bs reqoit�d W pa3!to Seneitclary ttmds for ta�ces aad iasuiemce in escrow. .
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<br /> :.-�'��.�:"" :` . 23.FIIVANCIAL REIIOR'1'8 AND ADDl'IYONAL�lOC[J11�Pi'8.11�ustar wUl pmvide to Beneac�arYupon recNest.s43►
<br /> , . .;�, � tiaauclal stetea�m ar�pformatioa Beneflslary maY.deem n,e�sary. T�ustor wa�raate tbat a11 flaau�tal statemeata sa�
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<br /> " ' - � �.. infarmanan Teustor pmvlQea to Beae8cltuy ace. ar wjU be. accurate. comoct. �d complete. Tn�swr agroes W eigo, .
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<br /> _ _ �...:.�� �' � ' Qe3iv�r, aa4�te aa Ben�Ada�►may►reasanat►ty nequest a�► aadittonat Qoam�nt�or cecdR�tons thai BeneSciary may .
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<br /> _ _ .�.�r:;;_,:�;� . o e a s 3 d e r n�y t o p e r f e c t.o o a d a u e.a m f y�e s e r v e T n i s t o r's o b H g a B a n s t m d e r t L i a D e e d o f 7�n s t a n d B e n e a�c i a r y.a l i e n
<br /> - � ..;;:� status on.the Pra .�f"Frustor fails w do so�Benefldary maY slgn.deliver.aud fiIe snc�Qoa�mente os aettiflcates fOn .
<br /> . T�astor's naaae�d�T e n s w r hereby �nevocably agpo�ata Beuefi c l a r y or HeneR c t a i y's a g e a i as attomey�n fact to 6a the . _
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<br /> :::� :. . r:J* t��9sE�ts C��y wltb tbis 88p�011.
<br /> -�.t.'1;:�`.',.�., .��C.,1...� /��'1 ���.{��}�* ���n���' j /�/��/�\��Q /�/�/�Q Q�/{�Q ���\ �QQ���(Q �}�� L''/,•�,,,� .
<br /> , '� ' . � �:��'� ��OVL�i �i1W��iYVifi/W/LitYfi�;W�7aVl�rll�O��NrGiWV��!!\Y�lIT71Vl�Q��Vl�i/�fL!4YMW�
<br /> .--:"-=:��--,�.� Wia Do�1 of Tmst sce joiat and ia�ridual. It7Yustar s3�os�s De�of Tmst but does aat�she Evtdence otDebt. -
<br /> ;�..:�,.�.-��..:=;,,,-�:�, � �t Q�s R o o�y t o m u rt g a g e�'s�e r��a ttie P m p e rt y w seiaue p a y m e a t of the �rured Debt aad TNStot �- -
<br /> •,,f . � dnes uot ag�ee to be PecsonaltY l�Ie on the S�ued Debt.Tn�swr agc�that Beneflcla�Y an�a�►Oart9�w tbfa Doed of
<br /> . . :'1'euat may e�ctead.modif5►os make anY c�anSa �n the termv of thia Dee�f of Trnst or the Bvldeaw oY DeDt witIIaw . � Q_-
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<br /> .,-':�: � Tmstor's coa�m.Sucb a�aage wlU aot retease T�ustor�from the terms of�is Deed o€T'ruat.7�e duttw aa0 Oedeflte af em-:
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<br /> .:. �x ,;�:= th�e Deed uf Tn�st sAall binQ and benefit the successoss and assl�s of 3Yuatax aad BeneSflcla�y. ' � _
<br /> �. ;
<br /> .� �, � If tL�a Qeed af 1Y�st secn�a�aranty betwaen Beaefldary aad Tmsto:aad does nnt directtq seau�e the obligatton art�cb � �
<br /> �� � � ie gnataatied.Tsustos agoee to waive a�►rigine tt�at mag pnwent BeneRdary fi+am bsingiag any►actioa ur c�aifi egalnst '� �=
<br /> , .. ,,,;..:: Teustor as aay pariy indebt�uader the obligadoa iacluding.6ut aot liwited W.mui-deftdeucy ar anaacdon laavs. � =
<br /> �;�:'<�`�;�; �?9. A t l t.�L A W; S E V�R A�I I.p i'Y; II�1'EIlPIt�;TATION.7Lis De�of Trnst�s govemed by the taws oY the . ���'�
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<br /> � , . �a�a vVldcb Benefldary ia•2acated.excePt to the exteat otLeiwlse reqWnod by the lawa of the jutlsdlctiaa whae .�;_;'
<br /> ,.,•, .'.,'. .��:, ., the II�rtq is tncated.'tL�s Dood aY Tn�st is complete and fully integrated.7L�s Deed of 7Yust maq aot be�nmendeA or
<br /> �:::� moditle�.by o:al a�at. Anyr section ar dmtae in tbis DeeA oY Tn�st.attac�.�aay a�t� ta tha � -
<br /> . . . Seamb Debt tbat oonfllcts wIt�a�11cs61e law will nat 6e e�eecdve.imless tbac law aep�ssly or imP �Y� � .
<br /> .•�:''..�,�.;�.:.'_•:.:�..,. � variadona by wdtten�1.IY aay se�3on or clsuse oY this De�ot Tiuse cannot be en8oroad a�ord�pg ta ita te�s. .�.��
<br /> � . � thai seetion ar clanse wlll 6e severed and wW aot affect the enforesabiiity of the�ader of tLis Deed p4 Ttus� � �:
<br /> '`� ' - ��:•� " W4enevetused.the aiagnlar eball laciade the pinrai an8 the ph�ral the sh�gular.Thec�tloas and heatllaga of tLe s�s. .
<br /> - ����� � oY this Deed of'IYust are for ooaven3eaee only aa�are aot to be used w�ate�pra or d�fiae the terms uf. eey�o�Tens�.
<br /> ,•' ' , 711me�s otthe�In il�is DaeA of Trust. +�'',' :
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<br /> �•:' :.;f� ±� 01995 BenkOnSY�enu,ma.St.CtouO.MN t1804897484t!vam AOICPOT-NQ 10/30/97 � � '��,,
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