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. .. - . . .. i - ' .., ...�:.. <br /> �,..; . <br /> 1 . . - � � - lf.. - . - . <br /> ' , � �, " .. J� " " .. ., _ •.�..��. . <br /> � .. . � . .. , ... <br /> � , <br /> .. � ,.. .. - ,. .� . ,. ._. . .... ."'" <br /> . -� _ �. .. ....._..... .. <br /> • . . . .. ..... ..� ._".. <br /> . , �9° �e���� � � <br /> B.All Nture advances from Beneficinry to Tmstvr or other future obliBntions of Trustor to Beneficiary under any <br /> , . „ promissory note,contract,guuranty,or other evidence of debt executed by Truator in favor of Beneficiary executed <br /> • nfter this Security Instrument whecher or na thle Security Inettument ia apeciftcally referenced. If more thnn one <br /> psrson yiIIns this Secnrity Inscruinent, each'H'rustor aBrees thnt thia Securiry Inatrumsnt will secure all futute <br /> advances and future obligations that ure given to or i�icureed by any onc ur mon Trustor,or any one or more Trustor <br /> And othera. All ft�tucs advances aad other fmurc obligations are secured by this Secudry Inatrulnent evan though ull • <br /> . , ' orpart may not yet be advanNo�;ntlinuihis�udryslnatdtvmeeit ehall co Institutenacommitmcnt oimu�ke additiona�or ��,:�' �,-: <br /> , "_ -a, of this Security Instrument 8 <br /> , future loans or advances in any�uno►uu•Any sach commitment must be agreed to in A separate writing. 5•, <br /> � .. �� C.Alt no�t�limited to�liRbilittea ornoverdreAs hrelntimnQ to�any ideposttha coaru IIce menbitbetwyeenW'��stordian� � „ <br /> bu � <br /> Benaficiazy. <br /> D.All additionnl suma advanced and expenses Incurted by Beneficiary for Insudng,pt�eserving or othenv tse protect Q �' k_,.: <br /> the Properiy and ita vafua and any othor suma mdvanced and expenses incurred by 8enoficiary under the terras of thia }.. <br /> . Securiry Inatrument. ��? <br /> ' Thia SQCUrity Instrument will not secure any otker debt if Beneficiary fails to give uny required notice of the tlght of . ,'. <br /> . '�. retacias[oa. ^ � <br /> } g, pAYM�NT3•T�uator agrees that all payments under thv Secured Debt witl be puid when due and in ar.cordance with the „ . �ry;� <br /> • •• terms of the Secured Aebt and thts S�x:urlty Instrumc�t. �, ��. <br /> 6. VyAAAAIV''Y'Y OF TITLE. Trustor warrancs that Trustor is or will be lawfully seized ,or�th�e in��stnw�Y�power�of � •, <br /> '�;,�°''s Securiry Inatniment and has the dght to irrevocssbly�rant, convey,and sell the Properry <br /> �"'� �'' ' sale.Trustor also warranta that the 1�roperty is unencumbered. except for encumbrances of recard. ., <br /> .,• 'j..,r.f -. <br /> �ir�:l�'.�f�p . . <br />- ;;,�,� , • ment or other lien ":-N <br /> 7. PRIOR SECURITY AVTEptFST3. With regard to an other mortgage,deed of trust, securlty agree <br /> � ��`;;���;.;. 4 document that created a pdor securiry interest orencumbiance 9n the Properry.Truator agrees: '`'.;�; <br /> .,•�`s{ � A.To make all payments when due aad to perfomn or comply wlth all covenunta. <br /> 8,To prompdy del�ver to Beneficiary any notkes that Tcustor receives from the holder. , <br /> , -;��:��t` C.Not to ullow any modification or exteasian bf,nor to request any future advences undcr any note or agreement <br /> " ' •'��' �'� secured by the lien document without Beneficiary's pdor wdtten consent. :��' <br /> � 8. CLAIMS AGAINST TITLE.Tn,st�r wiU pay dl t Whesn due 9Benef�ciiaiv may equire Tcuator to provide�toTBe�aeflciary = <br /> utilitiea. and utuc�thacgts rclatlag so the Pre�t_.�ty <br /> ' :�`��';�" � copiea of ali notices that sueh amounts are due end the receipts evidencing Trustor's paymenc. Trusivr witi d�t'e3it!821t!o = ' <br /> ,, ti,�:; gn <br /> ,,,..,41,(;�, - the Property against any cla�ms that would imp�,claims�or d�fenses Tr�usto�i m ythave against�pa�rties who supply labor �`�`�"' <br /> Henefic� . asreq uested by Bcneficiary.any righ <br /> � �`'�'` . ' or materi�a to maintFdn or improve tho Property <br /> ,.,,:,�' <br /> � �\.;;�i �, y. IDUE ON SALE OR ENCUMBRANCE. Seneficiary may,at its option,dectare the entire balance of the Secured Debt to � <br /> be immediately due s+ad payable u on tbe creatfon of,or conuact Tor the creation of,Any liea,encumbtance.trnnsfer or <br /> � :�,�, �5t� �r. salo o f t he Prope r e y. T h i s r i h t f s s u b j e c t t o t h e re s u i c t i o n a i m p o sed b y federal law(12 C.F.R.S91). as upplicablo. Thia __ <br /> "`' ;; o u v e n a a t s h a l l r u n w t t h t h e�r o pe rt y and shall rcca�aln in effect until the 5ecsred Debt is p a t d in t W l an d t h is S$c u r i t y �_ <br /> • Instrnment is released. ___ <br /> � in good condition <br /> 10. PROPEItTY CONDITION� ALTERATIONS AND I�13PE�TYON. Tnistor wiq keep the Ptoperty --- <br /> ' and make all cepaira chac ��coi will k�theyProporcy free of noxiou�weedsrand grassn�.Tr�ustor�agre�that the <br /> detor[oration of the Proper+y �P <br /> '��,x:'.'�. n�tare of the occupancy and use wHl not substaptlaliy change without Be�eRcituy s pdor written consent.Trustot wfll uot <br /> • '�'��" "�'• peraait any change in any license.restdctive covenant or eatement without Beneficiury's pdor wdtten consent.Truator wiil __ <br /> - �'' nodfy Beneficiary of alt demands, proceeding�,claims.nnd actions ag�inst Trustor, and of nny Ioss or dam�►ge to the <br /> P���. � <br /> � at any rcasonable time for the purpose `= <br /> ° Beneftcl�r or Beneticiary's agents may, at Bencficiary's option,enter the Property � <br /> � � � of ina pectin 8 the ProPert3'. Scneficiary shall glve Trusar nottce ut the ttme of or before an inspEction spe�i$,'iaS n �'T'. <br />- . T�nabwUl ln�o wav re l�eon Henefieiary's inap�ot�A°,n o f t h e P r o p e rt y e h a l l b e e n tirel y for Bene�ici a ry a bcnetit aad h�-:: <br /> �� Tn�stor . Y ��`�'' <br />-.,. �� � � Y TO PERFORM.If Trostor falla to perform any dury or any of the covenants coatai iR�i�nefici��a�.g - <br /> 11. AUTHORIT <br /> -- Instrument, 8euef►ciacy may. witLout noNce. perform or c�nce them to be�e rformed. Trustor a�po �Y <br /> � � • � � attorney in fact to siga Trustor's name or pay eny amount necessary for perforn�ance• l3eaeficiary s rlght toperfun�i for _ <br /> �i�4�ti;- �. Trustor shall not crente an obligudon to perform, and 9enefictary s failure to perform wtll not preclude Beneficiary from _ <br /> , .tr;i„n, <br /> ,. tf exerclainB any of Beneficinry's other dghts under the taw ur this Secudry Instrument. If any construction on the Prop�srty _ <br /> = .j� is discon;nte�t innth�e Pr�o�e�i'tynincluding earnpletion of the const�ionY��e all steps necesstu'y to pmte�t&mot7ctary s ;;Y,' <br /> secudty E`-`>- <br /> , .a� F;,.; <br /> �,.� 12. AS3IGNMENT OF LEASFS AND R�N'CS.Trvstor tn�evacably granta, conveys and selis to Ttustee. in trust for the <br /> ' � � benefit of Beaoficiary,as addittonul security �II t13c dgQ�t,title and Interest tn and to aay nnd all eaisting or ti�tuie�luding� , <br /> � aublea�es,and any other wr{tten or verbal agreem�nts for the use And occupuncy of any lp�ion of the Ptoperty. S <br /> �' any eatenaiona renowals.modificatlons or substitudons of such agreementa(all teferred to as"I�a.ces`)and reuta, issues <br /> and profits (alf mfern� to as "Reats'). Trva�or wUi promptiy provide Beneficlary with truo and correct cop!as of nil <br /> „ existing arcd Nture i.eases.Trustor may collect,recetve,enjoy and uae the Reata sc�1on�as Tcu�tor is not in deFault under <br /> �� the terms of thia Securiry Instrurnent. •: <br /> ' ' ' Ttustor nclutowledges that this assignment is pergected upan the recording of this peed of Tcust and that Beneflciary [s • <br /> '� � ent[tled to notify any of'frustnr's tenants to m�ke payment of Rents due or to becomo duo to Beneficiary. However �°�;: <br /> -_-=----=� _�_�_ ua�,�:..�or., sor�s �t,ac oniv un detauit wi11 B;az:.ficiary notify Truss�s AnTTrnat�►r�s�ten�w aod���din�e�nefct ri <br /> � -----_--- ; -----------. �-- <br /> facure Rents be patd direcdy� to BeneTciary. a.mte:ceiving nveicc oi uc�a�« .�a�...• ..•••.».....•--------- -- �- <br /> ' � any paymont of Rents in Trust�r's possession end wi11 receive any Rents�n trust for geneficiary and will not comminIIfe <br /> � " the Rents wtth any other funds. Any amounts coliwtcd will be applted a�provided in this Secudty Instrument. Tcustor. <br /> wnerants thnt no defuult eafsts uader the ixasaor any applicuble Iandlord/ecnant law. Truscor also ngrees to maintain and=•" <br /> require nny tetwnt to comply w i t h t he terms o t t he L E a s e s n n d n P p l t c u b l e I nw. . ; , <br /> " » ° 13. LEASEHULDS; CONDOMINP(JMS; PLANI�ED UNIT D�'VELOFMEIVTS. Truator agrees to comply with thc <br /> „ pmvisions of any leuse if this Sccuriri Instrument is on a leasehold. If the Properry includes n unit in n condominlum or u <br /> ' � p�nd minium ore1lnpiu►ed�u it developme t�����of Trustor's dutfes under the covennnts.by-lawa�or re�ulatfons of the <br /> co P <br /> rpogo a o141 <br /> `- m1094 OMton 4y��pn�.bu..Gt.Cbud.MN It 800•9974]4�1 fam tiEOT�Nt 101Y7Ip7 - <br /> .. ' l <br /> �� __. _ <br />