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.:.� . <br /> � . „ . <br /> .. . <br /> � ". y'__ . .' _ _ :i -r .. �- ..____.. .. .. . .... ."".'_...+1.' "'""""".._..�1�rY <br /> ' �...�p.,,�..� .. <br /> . � � �e <br /> . � � r �9-������ <br /> , . <br /> i.e Notwithstnnding nny ot the Inaguago cunu�i�tr� �,� s Deed of Trust to the contrary.the tetms of thie sation aha11 <br /> eurvive nny foreclosure ar satiafaction af thie�E Trust re�ordleas af nny pus�uBe of dtle to 8eneflrinry or nny - <br /> ' dispnsition by aeacficiury of nay ar�Il of the Property.Any cinlms nnd defensc�to the cuntrnry are hereby�v�t�ed. <br /> � Z0.COIVY)EMNATION. '�'ruator wiil Qive Benettcfary promgt notice of cu►y action, real ur thrcntened, by privnte ar public - <br /> euUties to purchase ar take any or�Il of the Property. includi�tg aty eASerreente, throu}�h wudcmna3lou. cmin��at domniu, <br /> or any other menne.Trustor tluther ugreea to notify Beneflaiury of uny proceedln8e instituted for the e�►taWishma►t of aay � <br /> ._-.�-� . sewer, wnter. conservntion,dttcb,drainege. ar otfier disMct relnting to or binding upoa the Praperty or nny pure of it. , <br /> ';,::..�� Tzustor nuthorizes Beneficinry to intervene la Tcustar s nwne in any of the above descrlbed nctions or c1Nms and ta callect <br /> • �+ and rereive a11 suma res�tlting from the action or claim.Tmstor assiIIns to 13eneficiary the�roce�dx of any award or clalm �:�_` <br /> for dwnages connected with u coademnadon or other taking of alt ar any purt of the Property. Such proceeds sha11 be r - <br /> cansldered pay�ents and wtll be applied as provialed in thls Dced of Tn�st. 'Ihis assignment of proceeds is subject to the ` <br /> ' terms of any pdor securlty agrcemeat• � <br /> �. <br /> 21.IIVSURANCE.Trustor agrees to m�intain Insurancc as followa: _ <br /> A. Tiustor shall keep the Property insnted eSainst loss by fire,theft and other hazncds and dska reasonably ossaclated _ <br /> , � with the Property due to ite type and loratian.Other hazards and cusks may laclnde.for eaample.covernge against <br /> . � loss due w floods or tlooding. This insurnace sheU be maintained in the �uaounta snd foa the ped.ods thnt -- <br /> .•�, Heneficiary requJres. 11io insurance �eMer Pro�idln8 the insuranc� Shall be chosza by Tnistor subject to <br /> Bcncftclary's sipprovel. which sh�ll not bt unm.asonably wit�hcld. If Ttustor fails to muiatain the ooverage _ <br /> ' descrlbed above. Beneficlury may. at BeaYflaiarY's option� obtain coverage eo pmtect Benehciary's rights in the --- <br /> , � property axor�ing W the terms of t6ia Deed of Tnust. <br /> > �, <br /> pll insurance policies and renewals shall be ecxeptable to Heneficlary and shnll include a standard "mozigege �=: <br /> e <br /> clause" and, where aAplicable, "beaeftciary loss payee ciause." 'I'custor eh�ll immediately notify Beaefle[ery of <br /> .,7s. ,,,,�i' caacellatlon or termluation of the iasutaaax.Beneficlary shall have the rlght to hald We policies aad reaewels.If ___ <br /> ,� HcuefIciary requires, Tlustor shall ima��dintely give to Beneflciary al! receipts of patd premiums and renewel <br /> nntices. Upan loss.Tnustor shall give imm4diate noHce to the insurance carrler and Beneficiery. �eneficiary may <br /> �� ma�k�e proof of loss if not made inamediately by Trustor. <br /> � r;. ` Unless Beneficlary sud Truswr otheiwise�,nree in writing, lnaurance proceeds ehell be applied to restoration or <br /> `�` repair of the 1Prop�rty damaSed if the restarndon or repair is economically feusible and BeaeRciary's secudty is not <br />_ `��:�: lessened. If ihe msiorauvu u�re�atr is na:c�aasssiralty feasibls or S��c�?ry'a securicy would be lesseaed.We <br /> ,,..�,�_, <br /> ,,,; � , ���p��s ehall be appl;eci to th�Soc�ared Debi,whether or aot tken due, w�ith any excess pald to'1'nrswr. <br /> . � If Tra�sTOr abaadons the Property.or daes not ans�ver within 30 days a notioe&om�eneflclary that the insuranoe <br />,. .;;,,�;' � carrlar has offered w s�tle a claim. thea Beneficiary may collect the iusureace proceede. Beneftclary may use the <br /> ::,;t.�.,�!'� procceds to repait or restore the Property or to pay the Secured Debt whether or not then d«e. 'lhe 30�day perlod <br /> _,.-,;.:;,;;,' ' wlll begin wher►thE notice is givea. <br /> y...�:�;�;�'. .. <br /> `,� . � .. Unless Beaeficiary and 7Yustor otherwise ag�ee iu wcltin8•�Y 8AAlicadon uf prncee�s to prlacipal shall not eatend <br /> or postpone the due date of scheduled paymeate or change the amount of the payments.If the Peoperty ls ucquired <br /> v'k. :t:•,;:-' ' by Beneflciary�Trustor's dght to uny lnsurance policies aad proceeds resuldag from d�mage w We Pc+operty befora <br /> • . �r. the acquieidon shall pass to Beaeflciary ta tb�extent of the Secured Debt fuuaediately before the ecquiefuon. <br /> B. Tcustor agrees to m�►intaii►oomptehensiva&t�s�c�sui liabiliry insucance naminQ Beneficinry es en additianal insut+ed in <br />,°�..,�;::�;�:, an ampyo�u{�ut accePtable to Beneticiary.ias�xnng agaiust claims arieing frona aay aoaideai or occuaence ln or on the <br /> t.:�.��'�••N i�• PLO�r+��• <br /> __=�--rrr C. '9Yustor agree.s w mainWa rens�l losaor busiaess iateriuption insurance. as reguired by Benefaciary.ln an araount <br /> F=,,.�,..°""�''j`�� wl to at least coverage of one year's d�bt senrice�aud r�quired escrow account deposits tif agceed to separately <br />-��,MM1'�' �wridng)�uader a form of poHcy aoceptabia to Bsneficiary. <br />;�;;:^�,� : <br />;, s�``..: � 22.NO FSCROW FOlt TAXG�AND INSUIW�TC�. Unlesa othetwise pravic�ed in a separate egreement�Tnistor wW not <br />--,�:�-�-... . , be required to pay to Benefcciary ti�nds for texes an�insurance in escrow. <br /> ?'�'�'�'. j', t 23.F7NANCIAL REPOA'1'S AND ADDITIONAb 33UCUMEN'i'S.'Cruswr will pmvlde to�eneficiary upan request, uuy <br />- � �:._. . � <br />_— : �L._""' financlal statement or infor�nation Beneficiary mny deem necessary. Truswr warrants tha? �Jl t3aancial stau:menw arid <br /> °�°'� infoimadon Tnistor pmvtdes to BeaeRciary rsx�,�r will be. eccurate, waecs, and complete• Tnistor agree.s to st�, <br />':�.-•�����_� dellver, ead fele av Benefictary may reasonably request any additional documents or certiflcattomc that Axmsficiary tany <br /> �- : . ,►;��,.;� consi�er ner,�ary to�E'ect, «�ni.i,sue.ea�pr�ctive Tn�°t4r's oL�lioationa»nder this Deetl 0�'1'�ust and BeuoftCiury's liem <br /> �_�� �' ' ���'?S status on the Properiy. If Trustor feila W do so.&aeflciury may sigu,deliver. and Cilo aucl3 daaunc.�uts o�cerHfcates in �- <br /> ,.''�rr�,'`.'��.:, �1 . Tcustor's name aad`fn�stor hereby irrevocablY eppoints Beaeflciary or Benefictary's agent as attomey in fact to da she <br />��,";...;�� ,. � <br /> thinBs necessery to oomply wlth this sectlon. <br /> �.,�. <br /> s�•�.:,.:•. . "� Z4.JOIlo�'�AND INDIViDUAL LIAIiILPT1l;C�9IaNERS. SUCCESSOYtS AND AS�IGNS BOUND.All dudes� <br /> �.. <br /> • t. this D�of Trnst are joint und individussl.If'll�ustor signs this Dced of Trust but dces n+at aiga the Bvidence of Debt, <br /> �1%ki;� Trustor doES so only to mortgage Teustor's ia3etost in the Pra�rerty to secure paymsnt of the Secut+ed DPbt aad Trust�or � <br /> does aot agree to be personolly liable on che Secured Debt.Ttustor agrees tbnt Deneflciary And any party to this Deaa of <br /> Tr.�st may ea�tend. modify or make any cha�c in the tecros of this Dced of Tcust or the�vtdence of Debt without _ <br />_� ,, '" Tntstor's conssne.Such a chenge wiU aot rel�c'Muror from the terms of tbis Deed of Tcust.'Ihe duties and benefita of <br /> . Wis Deed of Ttust shell bind And beneRt the successo�s and esstgna of Trustor and Beneflclary. <br /> _��� If this Deed of TYust secures a gunranry bei�veen Beaeflciary and Trustor aed doe3 not direCtly secure the obligation wh�ch <br /> ..�_�:�a�.cr...� e.... onrinn nr el7im analnSt <br /> — _ ^ , <br /> �`•— — - :..., . . <br /> ' +e$������indeb�ted aader the bli �on insludi r�but noi timited to.�antl-deftC en y oi oa�action lawe. � <br /> • Tcuswr or anY P�t7+ g �• <br /> ' ° 7S.APPLICAALE LAW; S�VER.IBILITYt 1���TAT[ON. '1'hia Deed of Tcust ia govemod by the laws of the <br /> ° jurisdiction in which Heaeliciary is located,ea�oe�st to the eatent othenvise required by the lnwa of the jurisd�cdon whecp <br /> « the Property[a located. 'ihis Qeed of T�ust is �lete and N11y integrated.'lhis Deed of'nust tazy noi be ameadcd or <br /> � ° .. modiRed by orni ngteemeat. Any secdon or clause{n this D�ed of Tcnst.attachments.or any aBceemeat celated to the <br /> Securect Debt thut ooAflicta withappltcable law wdil nnt be effective,unless thut luw eApnessly or iatpliedlY percnita the <br /> - vartstioas by written aIIreement. [f twy sectiom or clause of this Qeed of Ttust cannot l�enfor�ed acoording to its tecmv, <br /> - �� that section vr clause will bo severed and wi11 not affect the eaforreabiltty of the remniuder of thls Deed uf 7tust. <br /> � • Whenever used,the singular shall inctude the plural and the plurol the singWar.'Ihe capdons and headings of the secttons <br /> � of thia Deed of Tnut are for convenieace oaty and are not to be used to interpret or de�ine the temts of this Deed of Tcust. <br /> - �. Tinte ia of the essenoe in this Deed of'I�ast. ��• ' � paao R o�s =: <br /> ., .. �� m t89�Ocnttto 6ratttns,lnc..5t.dmA.MN It•II00•797�23411 fwmA6rC0-0T-Nf 1tl/30t97 � — <br /> � <br />