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<br /> C�VG�A i
<br /> 1. Paymar�4a.Bottowor a8t00o to moko nit paymonto on tho n�curod dobt whon duo. Un�ono Borcoviot ond Londor ngroo othtrwloo, An
<br /> � puymonts I.o�dor rocoivoo iromt Borrowor or Tor Borrowor'o bonafit wll!be eppHad ti�st to any amauntn eorrowor owou on thp ao�urnd Qeb� _
<br /> not�roduco ei�oxau84o�ony c�iohonduted poymonttunttl tAoniocurcd dobt te�po d In fu 1��prapnymont of tho ooaurod dnbt oaauro ter flny roason.It wll =��
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<br /> 2.C!nlme Apninet�tIo.Banowor wlil pay uii taxoo,unaonamonto,and othor chnrpoa attrlbutablo to tho propony whon duo ond will dotand tltto
<br /> to tho proportv o�gu not any oiaims whioh would Impatr tho llon of thia dood ot truat.Londor may roqulro Borrowor to nnalgn uny rfphtn.c�c+ma or ,
<br /> dotonaes which Florrowot may heva npainet pnrtioe who euppty laber or matotinta to Improvo or matntoln tho propony. : ��s}1
<br /> 3,k►auresqco.Donawur wlll tcoop tho ptoporty Inau►ed undor tormn oocoptablo to londor at 8ot�owor'o oxponno and.for londcr'n bCno4it. Ali
<br /> inauraneo pol�cio8 shall inalude e etondord mort ago oiauoo tn favor ot Londor.Londor will bo norned eo I�as poyoo w uo tho In:urud on nny such ::�_
<br /> in¢uranco pul oy.Any insutenco procooda may ge a pltod,within Londor's discrotion,to oithat thv roetorotion ot ropnir ot the dameged pTOperty e,ri_
<br /> • or to tho aocurod debt.If Londor raquiroo mortgago Pnsuranco,Buttowor aproon to mointaln auoh tnaur�nao for aa lonp ao londcr taQu►rea.
<br /> �.;;w:M�r�' • q,PropoRy,Borrowor will kaup tho proporty in flood ccndition ond mnke ali repoi�a roaoonobiy naaoaeury. _'A*`
<br /> .,� po p �'�'
<br /> � of tr�uot oreln aBnY obligotlan auaurodyby thie daod of truut���orrowor�wlll poy th oo amount to Lnndar�ao providod In Covo ont 9 of thti i�8 of `;4'�
<br /> 'a�."
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<br /> � 8.Prior Baeurfry UKarests.Untaes eorrowor tlret obtainn Lendor's written aonoont,Borrowor wlll not mako or pormit any chcnp a to uny prior .� -
<br /> soautfty intoroaus. Borrower wilt poKorm aii of Borrowor'o obUgotlono undor ony prlor martgaflo, deed of truat or othxr ¢ocur�ry apraomant, [,.:,--
<br /> .� ineludinp Borrowor's cavonants to mnko pnymonm when duo. ��.„.
<br /> ' �k 7.Aoaignment af ReMa and P�oftts.Botrowot aasi9na to Londo�the�oMs nnd protlta ot tho property.Uniaos Borrowor end Lmndcv heva ogreod �. �:.
<br /> othurwfso(n writinp, Borcowor moy coiloat and rotnin thv ronta ea�onp ns Borrowor Is not in dofauit.�f Borrowor dofnuita,l6�dctir,Lxnder's }y__:_
<br /> uflant,or a eouR appointed reeeber moY tako paaso�ston und mnnego tha proporty and coileat tho ronte. Any renta Londcr coflmata tshell be ., :;_.
<br /> appifod fi�st to tho costs of manae�ng the property, tncluding coun coste and attornnys' feos, commiaelons to rentpl agoirta, and ony o1heT
<br /> . . .w.
<br /> �ncosaery re�ated expensos.7he romnlning amount of renta wlll thon appiy to paymontu on xhe socurad dobt ae providad in CovoncM 1• Q T'__
<br /> '��• 8.Leaaefialda•Condominlumai Vlanned Unh Devetopm�nie.8orrowar a8raaa to r,omp{y with the pravisle�s af any lease N this dflad ot uutit is on
<br /> ��F�°.;=:.
<br /> 'r;•f' o Ieatsehpid. Ilthia doed of truet is an a u�lt M e condominium or e plannAd unit devebpmont, Borrower wlll partoTm all ot Borrawu's dutlos �n::
<br /> , .�;';;`.l�;`_,;j•'%� undor the covenants,bylewa,or regulatbna ot the condominlum ar pian�ed unit devetopment. ��%
<br /> �'��i;;,s;!�''�'�; , 8.AtRhoTtty o}Landa�to PeHorm ior Hottowa. H@orrawar falla to�perfarm any af Borrowor's duttea under this dead of uuat, Landor may y��:
<br /> J?�;{;(:�,t�,.�.�:;�•`}'• porfarm the dutlos or aauae thom to he pertormed.Lmndor may alpn 6ortowor'o name or pay a�y amouM if noaeasary Par p¢rfarmanco.If any �',��`,
<br /> conatruotion on tha property 18 d acaMinued or�ot carried on In a reaaonnbto manner,Lender mey do whatover tu nocaas�sry to protoat londor'a
<br /> �f:�,;','.'�� seaurlty intereat in ths property.�hie may inoiudo com�lettn�the con�truotlon. r�
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<br /> �;�::;r'4:�'� Londer'a tallure to pertorm wili not preciude Lender hom oxe�cleing any of ita other righte undot tho law or this doed ot trust. ���„'
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<br /> �';, Any emouMS petd by Londor to pioteot tsndor's eocurhy Intoreat will be aeourad by thlo dood of uuat.Such umourrto wiii bu due an demond ,,,
<br /> and w1i1 bear Intnrast horn tho dato of tho paymoot unti�paid In tuli at the fnterost tate In oHact on tho aoourud dobt. ,,�._
<br /> 10. Dafnuk md Aaea!am8on. Ii Borrowor feils to moka any paymont when duo or brooka any eovonants under thi�dcad of trua� or any __
<br /> abltOnUon securod by thia deed of uuet or any prior mortgopo or dond of truut,Lendor mu1r aacoiorato the maturfty of th8 ca^.ured dobt and �
<br /> , � demend immodlato pnymont and may invoko tho power of eato nnd nny othor romadlos pormittod by opplicablo law. _
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<br /> �, hoteto�ajt tho eddro o of oac�h s�u hiDoraon.ae sot fonh horeln.��6!��u�� �f!�efQtdi pnd oatn bn nont to each v¢re�n who is o Porty -_
<br /> ' 1Z.Pawa of 8�1�.If the Lortder invokee tho power of aeie,the Trueteo nhalt firet reeord in tho ottiae of th�ra8istor ot doeda of each county
<br /> �horeln the wst propeny or some pert or puaef thereof la oituated n notice ot dofeutt eontefnin the Informatlon ropulrad by lew.Tho Trusteo _
<br /> ,,; ehsfl atto mell eopleo of the notiee of dotault to the 8ottower,to eech pereon who I�e pnrty�ereto,and to othtr persona as pd�otbn eny
<br /> apptioable tav. Ntot teas than one momh eftcr the Tru�tee acordr the aoUee ot doteutt or two rtsonths If t�e tru t proporty 1
<br /> tncorporated elty or viile�e and is uned in fe�minp operattone oar�led on by tha tru�tor,tho�ruetae ahell glve pubfio no�ca of eefe to tho persons
<br /> artd In the mennar pretcrlbad 6�r�epppltonble lew.Truatee,without demund on 8orrower,oholi eetl tho propaity at publlo auotfan to tho hiphest
<br /> btdder.It requirod by the Ferm Hame�toed Proteatlon Aat,Truatee�helt otter the propo�ty In two eeparato aate�ae requlred by epplie�bte law. !
<br /> . 4oraior or�ite dsi6noe mey purahese the p%peny et any oele�by publlo enrtounaomont at tho tlmo and ploeo of nny prevlaunly eahedulod ento.
<br />�� • Upon recsipt ottoa ment of ths prlce bid,T�uetoe ehall dollvor to tho purchasor Truotoo'o dood convnying ehs propavty.Tho rooitials containad in
<br />_ Truatee'e�ioed�ha�i be prime taate evtdleneo of tAo uuth of tho statomante aontalnod thoroln.Ttustea shall ap�1y tha proeeeda of the eela in tho
<br /> � rolnstatomnia foost�tb)to�ell suma eeeurod by thia tlood of�tiuet and l01 tho balanco if ony bto tTho pQruoni legelly eMitt�d to rocolvo It.faoa and
<br />�;��:;�;�;•,�„r. 13.Fanclown.At Loedor's opUon,thio doed of trust may bo foroalosod in tho mnnnor provido by apptleablo Iaw tpr forocloauro of mortpapoa -�
<br /> ,, _ on rool ptoporty.
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<br /> ;s;�-.1_.t � t4.Insp�ctlon. LAnder mey vntor tho proporly to inapoot it if Londor givea Borrowor natico boforahand.Tha ntYifc�n must etato tho roACOno 0
<br />.»„ ,. ...�;. causo for Landor'e inapoctlon. _ ..
<br /> 18,Cond�mntton.8orrowor assiE�na to Lendor tho rocooda of any award or olnim for domagoo conneotod wizt�e condomnatinn or othor takl�g `
<br />�;:�. � ��� of o!1 or any paR of the property.Such procooda wiP ba oppBod as providod In Covonnnt 1.Thlo naelBnmErYt f3 eubjoot to the totms of am►ptlor �
<br /> � socurity agrcemont.
<br /> _�...1.L".,. �;'
<br /> �`'w , t` 18.Wdwr.By oxercisinp any romodY avaitabla to Londor,Lender dooa not 81vo up anv riphts to�ator uso anv othnr ramody.By not oxorclalrr� _ __
<br /> - _ any romedy upon Bonowor's dofault,Londor doas not wa{va eny right to tator conaldor mo ovont o dofaule It it haypnn�epoin.
<br /> _ -�>,%�� !?. Jotr+� end Severr! linb(Ntys ra+�s�4ns.ss B�ee�uon �nd Aesfpns Bwrtd. Ail dutioa undor thio dc�d ot trust ato)olnt and aovorat. A�y 6 . -
<br /> ��;�:r Florrowor who eo•aigna thls deed of trust but dooa not co•alen tha w►dorlying debt InaVUme�dlb3 douu +w oi�ty to �rant anB ennvey thcit �T
<br /> - �` Bo�rower'e interaet in tho proporty to tho Trustoo undor tho tormtya�ot this doed oitruat.In oddition,oueh a Borrowor oproos that the Londor and _.
<br /> +,, ,�s'., dobt wl�th�o��th�e Botrowot syconaont nnd withou�t roloasditg that Borrawo rirom tho tarma o��thla dQOd ot tiust thla doed of aust or the socurod �
<br /> .,�.-i::�, r.
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<br /> • Tho duttes end bono4hs of thia dood of trust eho�l bind ond bonofh tho su¢eosuon nnd naetgna of Londtr and 8or�owor. __•__
<br />' 18.Notioe.Untosa othorwise required by tow,nny nodco to Borrower ohatl bo g►von by dolivorirtp k ov by mailing it by eoKiNad mali addroesod to a:"=
<br /> ,,��;+ + � Borrower at tho proporty addroaa or ony othor nddrese thet Borrowor has givon to l.andar.Borrowor witt givo ony notico to Londcr by aortiffod �--�
<br /> � mo0 to Londar's oddroan on papo 1 ot tF�ia dond ot truot,or to ony othar oddroae whleh Londor haa dootpnatod.Any othor noUco to Londor ehntl ;,,
<br /> �y bo cortt to Londar'a a d drose oe s te to d on pnp o 1 o t t h i a d a o d o f t ro a t. �`
<br /> 4 fC'-.::
<br />__ �•: Any notian chnll bo daomad to havo boon flivon to Bonower or Londor whon givan in tho monnor ototod abovo. �".••
<br /> 19.Transtet of th�p�opfrtll ot�B�f�oRclat IM�nst in titt BorwwaT.if all or any par�of!ho p�oporty m ony IntotAOt In it le aold or uanatarcad �..
<br /> �• without Lundnr•e prior w►ftton tconaant, Lopndor mny domnnd Immodlato poymant o tho socurod dobt. Londor moy o►ao domand immodlato _.
<br /> " r doMOnd pe�rmom in tho abovo eltuotlonsr if It Is pro^hlb cd by odorol�aw es of tho daeo of U/a docd of uuetanatonod. Mowovor, Londor moy not p r
<br /> v 80.ReeottvlYane�.Wlyan tho obligadon soeurod by thio dood of truot hns boan pald and Londar hnn no futthor obtigntton to moko odvanaos
<br /> �� " undor tho Inotrumonto or ugroomo�lta eoCUtod by thio dood ot truot,tho Truateo ehel(,upon wrltton roquoat by tho Landor,roconvoy tho puot �,
<br /> - , � � pro�c".rty_Tho 6ondor ehn�l deliver te t�a++nnwnr.nr to eorcowor'o ouceoonor In Inmroet,tho truat dood nnd tho note or othur ovidonco of tho _
<br /> - -_-= n.,......,a.nnou mv anv rncardnUon couts. -
<br /> �- -;�'- ==° .....�yo......w�....:�...�..--•-. _.._...-. .
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<br /> 21. 8ueco�mr Tntttae. Lo�dor, at Londor'a optIon, maY romovo Truateo nnd oppoint a sueeoauor truatoe by tirat, malling o copy ot tho
<br /> " aubaticution of truntoo un roqulrod by npPilaobto low,ond thon,by illing tho aubotltution of trusteo for tocord in tho oNico of tho ro8�etor ot dooda
<br /> of oueh eounty in whioh tho truat proporty,or oomo part thorooi,lu oHuotod. Tho succoaoor trustoo,without oonvoynneu ot tho praporiy,ehaA
<br />— ' auccood to uil tho powor,dutios,nuthority und tkio oi tho Truntoo nomod in tho dood Qf trust ond o}nny suacoasor t�uatao.
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<br /> ;,�,�, ' � Ipoge 2oV 71
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<br /> ��;�� BAN(t�RS BYStEMS,iNG.,St.CLOUD,A1N 60901 It-BOfr�f1743A71 fOHM OCR-MT6NE O/18N1
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