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<br /> S. CLAIMS AGAINST TITLE.Trustor will pay all taxes,asscssments, lie��s,encumbrancc:s, lease payments, bround renGS.
<br /> utilities, a�xl other charges relating to the Propeccy when due. Benefictary may require Trustar to provide to Be��ficiary
<br /> copies of all notices that such a�nounts are due ancl die receipts evide�xing Trustor's payment. 'frustor will defe�xl tide to
<br /> the Pro�erty ngainst any claims Ihat would in�pair the lien of this SeGUrity lastruiuent. Tcuswr agrees to assign .o
<br /> Seneficiary, as rec�uested by aeneticiary,any rights,claims or defeases Trustor rnay have against parties who supply lalwr
<br /> or materials ta maiutain or improve the Property.
<br /> 9� ��d��y�p A�p y MB�Nri t�he Bee�ac�on of.�lar contrnct for�ttie�'creai n�of,��any I en��encuntbr•ance,rc ansfer or
<br /> Tlus n t is suU ect to die restrictians innposed by federal law(12 C.F.R. 59l), as applicable. "this
<br /> sale of the Property., Sh 1
<br /> covenant sball run w�tl� the Property ancl shall remain in effect until the Secured Debt is paid in full and this Secunty
<br /> Insuument is released.
<br /> 10, PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Trustor will keep the Propaty in good condition
<br /> anci make all repai� d�at are reasonably nscessary. Trustor shall not commit or allow auy waste, impairtnent, or
<br /> detedoration of thc Property.Tiustor will keep the Propcny free of noxious weeds and grasses. Trustor agrees thac the
<br /> nature of the occupancy anci use will not substantially change without Beneficiary�S Pn01 rior�wriccen eonsent�Tcus orlw ll �
<br />" permit any chan�grye in any lice�ue, restroc ed n seDClaimscand acdons against Truc ta Sapnd of any loss or daznage to the -
<br /> nonfy Benefici of all demancls, p B �
<br />- Property.
<br />- Beneficiar�r or Beneficiary's agents may,at Beneficiary's option,enter the Propeny at any reasonable time for the purpose
<br /> of taspecung the PwPertY• Ben�fi�iarY shall give Tn�stnr nouce at the time of or before an inspection specifying �
<br />'- reasonable purpose for the inspecdon. Any inspecdon of the Property sl�all be entirely for Beneficiary's benefit and
<br />� Trustor will in ao way rely on Beneficiary s inspection.
<br /> 11. AUTHORITY TO PCRF�ORM• If Trusror fails to perform any duty or any o�o��Tnuto appoints�BenefiSciatS' as
<br /> Instnunent. Beneficiary may, wlthout nodct, perform or cause them to be pe
<br /> attorney in fact to sign Trustor's name or paY anY amount n�cessary for perforniance. Bernficiary's right toperform for
<br /> Tnutor shall not cceate an obligation to perform,end&neficiary's failure tu perform will not prer.lude Beneficiury from
<br /> exercisiug nny of Beneficiary's other rights under the law or this Security Instrument.!f any consuuction on the Property
<br /> is discondnuecl or not camed on in a reasonable manner, Be�ficisry may u�ke all steps necessary to protect&aeficiary's
<br /> security interest in the Property,includiag compledon of the consuuction.
<br /> 12. ASSIGNI�NT OF I.EASFS AND RENTS. Tnutor irrevocably,grants, conveys and sells to Tnistee, in uust for the
<br /> - �,�;r2z Qf�_���;�ry; ac addidonzl security all the right. title and mterest in and to anY�p Qf�h�P�Anemr l�nclu�'n�� :
<br /> yvb�es�ses,and any other written or vecbal agranuats tor the usc and ix:c�N�%y af�nY F�'
<br /> _ any extensions,reneW+als� malificadons or substit�dong of such aBra de Benefic�ary with true and corrxc �i a9 of all
<br /> and�mfits (�11 nferrctl to as "Rents"). Tzustor will pxomP�Y P
<br /> eaisunS and futuie L.easGS.Trustor may collect, receive,enjoy and us�the Rents so long as Tnutor is mt in de ault undec
<br /> the t�rms of this Securiry In,trument.
<br /> Tnutor acknowledges that this assignment is perfecced upon the recording of this Deed of Tcr�st and t1�at BeneficiarY �s
<br /> entitlod to notify ai►Y of Tmstor's tenants to make �ayment of Rents� du� or to become due to Benficiwry. Howcver,
<br /> Be�ficiary agcas that ody on default will Beneficiacy notify Tnutor ancl Tivstor's t�nants and make da��t �11
<br /> future Rents be paid direcdy to Beneficiary. Oa receiving notice of default,Trusmr will endorse and deliver to Beneficiuy
<br /> any payment of Rents in Tnutor's possession and will receive any Rr.nts ia tnut for Beneficiary and wi11 not co�nmm8��
<br /> the Rents with any other funds. Any announts collected will be plied as provided in t}us Security lastruraent. Ttustor
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<br /> r�ce any�tenant toacon ply with th�����Iu��applicable 1aw.�t�w.Tcustor also agrxs to maint�in and
<br /> 13. LEASEHOLDS; CONDOMII�IIiJ1�S3 1'LANNED iJNIT DEVELOPMEN'TS• Trusror agcees, to comply, with the
<br /> provisions of any lease if this Security Instruraent is on a leasebold.If the Propercy includcs a unit in a conclominium or A
<br /> planned unit development,Tnuror will perfo�al! of Trustor's dudes under the covenants,by-laws. or reguiadon9 of the
<br /> condovunium or plwned unit development.
<br /> 14. DFFAULT.Trustor will be en default if any party obligated on the Secured Debt fails to make payment wh�a fi�e.Tntstor
<br /> will be in default if a brrach c�ccurs uncler�e S���bt�A goyod fu'th beliof byBenc6ciary tt� tA nBeuefi�iarY At�ny
<br /> purpose of creadn$. sec�uing or guaran Y�S
<br /> - ume is insecure with respect to auy person or entity.obligated on the Secured Debt or that the pro�pect of any payment or
<br />_- the value of the Propeny is impaired shall also constrtute an event of default.
<br />_ , u� G7•16-2 90(11/97) IPay�3 0/6)
<br /> �1YY4 6ankw�S1��umt,Ine•.5�.Cbud.MN Form OTH•MT6LA2NE 1R/Y8 y�?
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