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<br /> � B. l�ll future rslvnns;c�u fram Beneficinry to Tcustor or other future obliBationa of Trustor to 9eneftclary iueder aay °
<br /> promissory notQ. cotttmct. Buaranty. or othcr cvidence of debt cxist►ng now or exccutaf c�fter this Deed of Trust
<br /> whethc�or not thie Qeed of Trust ia speci�icaUy r�femd to in the ev:dence uf debt.
<br /> C. All obliB¢tions'Trustur owes to Beneticiary. �vhich now exist or mny luter urise, to tP�e extent not pmhtb3ted by
<br /> " Imv, lnclndl�. but not limited to. linbilitles for overdrufla relnting to nay deposlt uccount ngrr�errtent betv�eeu „-'�.-•
<br /> .• Trustor nnd @ercetisinry. °D
<br /> D. All uddiiinnnt sun�s advuaced nnd expeases lacurred by Beneticiury for iusurlag,preserving'or otherwise protExtinB
<br /> tke Property�nd its v�lue nnd nny othcr sum�cdvnnced uad expenses incurred by Beneficiary under the termv of `,•t�
<br /> ` this Qcad oP Truat, plus interest nt the hlghest rnte ln effect, fram time ro time. as provided ln the Evldence of ,.
<br /> . ::-�-='• Debt. .
<br /> ' � �� E. Trustor's performance under the terms of aay instrument evidenciag n debt by Truscor to Beneflcinry�und nmy Deed
<br /> . of Trust securing.Buarattryiag,or otheruvise relatiag to the debt.
<br /> If mare thnu one persoa sigas this D�ed of Trust as Tn�stor. euch Trnator aacees that this Decd of Trust w311 secure ell " `-�"-
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<br /> t�ture advauces and flitura obligutions descdbed above that am given co or incurred by s�ny one or more Trusror.or any .`;<<:_
<br /> oae or utore Ttuator And others.Th1s Deed of Trust wiil not secure any other debt if Beneficlary fails,�vlth respect to such � ,�c.
<br /> other debt,to mnke nny cequired disclosuce about this Deed of Trust or If Beneflciary fails to gtve any required nodr,e of :.
<br /> , : ;• the right of rescisslan. � t`
<br /> s+�y�,
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<br /> �'.; S. PAYIViEFi'!'�.'t'cuetor agr�es to mgke a!1 p�+ym�FUS on the Secured Debt when due uud in c�scordance wItb the tc�au�of the ,,,,,
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<br /> Bvidence af Debt or tLis�eed of'd'rust. }s,�r.
<br /> . ' �, fir�iu:i:
<br /> fe. d�1l�LtLtAN'd'X OT T1�7.�• Tn�stor covenants ttiat Tmstor is la�vfuUy selz�d of the estate conveyed by this Deed of Trust f';F��;i;
<br /> �, and has the dght to irrevocably grant.convey aad seU to T�ustee.ia m�st,with power of�.'.e.the Property and wurrunts ,.;
<br /> ' , thnt the Property is uneacumbered.except for e�ncumbrences of socord. `1.::;
<br /> �� j 7. CL.A,iMS AGALNSI'TTl'LE.Trusror vrilt Qay �ll taxes,assessmsnts,liens,encumbraaces.lease payments,ground rents.
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<br /> L.,� uire Ttustor to rovide to Beaeficiary F��t-_
<br /> uWltles. and other charges relatiuII to the Progetry when due. aeneflclary ms►y req 8 �►;w_
<br /> � copies o?nU notices that such a�o�nts ere due and the receipts cvidencing Tniswr's puyment.Truswr will defend�Lz to �"v,��.
<br /> � � the Pmperty agaIast any claims e�nt would impair the lien of this Deed of Tcust.7Yustor agre�to tissign w$eneflcta�-;t.as �,,��.
<br /> �+eyuested by Heaeflciary. �u►y rlghts. claimg o=defenses which Tnaswr inay have aIIainat partles who supply Isbor or -
<br /> � ' ��ui �inmve or roaintain the Property. -_
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<br /> � ; 8. ��R����Eg�-�, �y{� �g��o any other inortgage. deed of truat. securlty agrcement or other lien �;��_
<br /> � � ,.� document that creuted a ptior�acuricy interest or encurabrance on the Property aad that may have priodty over t�s?s IIked
<br /> of Trust.Truswr a�+ees: _
<br /> � °� A. To make all payments when due and to Lsedosm or canaply wlth ell covenanta. _
<br /> � �� B. To pmmptly deliver to B$neftciury auy�rices that'Crustor receives from the holder. __
<br />-'`� ' C. Not to make or permit any modlficatloa or extensioa of,end not to request or sicccept eny thture advaaces under any _
<br /> � note or agreem�nt secured by. the other mortga�e,dced of trust or secur[ry aBreement wiless Beneficiary consents ____
<br /> , • . �` in writing. ----
<br /> � 9. DUE tDN SALE OR ENCLTlVP�1tANCE. Beaeficiary may,at ita optioa. dcclare ttte entire balnnce of the Secured Debt to __-_-
<br /> �� . be immedlately de3 and payable upon the cmatioa of any lien,eacumbrnnce,transfcr.or sele,or contract for any of Wese __--
<br /> ,. � oa the Pmpert}+. �flowever. if the Property iaaludes'17ruator's residence, this section shall be subJect to the restricdana
<br />-=- �� �� • �. iaqpused by federal law(12 C.P.R.S91)�as upplicable. For the pwposes of this secdon.the temt"Propetty"�lso includes �
<br /> , � ' �'': S�,ured Debt i paid iayflill a��n�ss D�E o Trust is released h�l nui with the Prog$rty and shall remsin in effect untU the -_
<br /> ��."��.� ia.TRANSITER��AAi IIV'l�t�E�T IN T�GINNTOR. If Trustor i� an entiry other than a nututtil �penson(such as a _ ..
<br /> i:orporation or ot�er arganirz►t3�n),BeneRcinry mey deau►nd immediute paYment if(1)a beneflc�el imtemst fn Tcustor is
<br />;r' � ^•.;,�; sold or unnsferred; (2)them 3s n chanBe ia either the identity or number of inembera af a partnership;or (3) tt�zie is u �
<br /> � ' •+��s� change in ownership ot'more i�an 25 peroc�t of the voting stock of n oo:poratlon.However.BeneSclary may rtot��m�ad �
<br />_ ` .�, ` �"�,.�•r
<br /> Y•�:,.,�.ti,.,�. .:�� payment in the cibove situritloas if it is prohibitFxi by luw as of the dute of this Dccd uf'i'�ust. �-
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<br /> ;.,r..,^•�•'t, il.�NITI'Y WAII�?A�IHTIE.S AND REPRESENTA'TION3. If Trustor is �nn entity other than a natural person(such ns a
<br />- „ i:r,�� coxporaUon or other orgnni�ation),Tcustor makes to Beneficinry the follawing wfuranti�r and representadons which shcill _
<br /> � `;t�,�� be oontinuing�s long as the Secured Debt remaias outstandin�: �...
<br /> ' � � A. Ttuator is an endty w�ich is dWy organized nnd validly existing in the Trustor's state of incorporation (or ,�-
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<br />- w � or�anlzatian}. Tcustor is in Qood st�tc�iug in all states in which Trustor transacts basiness. 7tuseor has the gower v_-_,
<br /> � � and uutFinx.ity to own tt:e Pnaperey�ni�to carry on 9ta bus�s� os now being oonducted nnd� es applicable� is �,.
<br /> . .. ,. � qualified to do so in each state in wLlch 9lustor operates. '
<br /> � �''��'^ � B. 'Ihe execution, deliv�rry a►nd perfo�nce of this IDeed of Tcust by Tivstor axed the obli}�ation evidenced by the � '`
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<br /> �. `�:'�.�1±��;r. � Evldeace of Debt are wiiUla� the powet of Ttus2or, have been duiy authorized, have reoeived ull necessnry
<br /> '�`;�����'_. � govemcneatat appt+oval�and wUl not violnte any provision of law,or o r der o f co u rt ar�overnmen t a l a B e a�y r. �;
<br /> C. Other than disclosed ia wiidnB Trustor has not changed ita name wlWin tiue last ten yeazs aad has not used uny �:
<br /> other tr��le a�r fictitious name.E Vy w t iout&ae ftc tnry's p r i o r w r i tt e n c o n s e a t,T c u s w r d o e a u n t a n d w i ll nat use u n,y
<br /> _. '_... ._.._ � other name�utd wlll preserve its r�adng name,trxde names and fraz►chises until the Sc�ccured Debc is sadsfied.
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<br /> ' m� mv �.. .�... .�..�.ndn�mr��t T....�...•..3/1 Lmn tlw Dw�rattv 1tl OMl� CO.7R��OII �.- �.
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<br /> ____—.� _�____- �•`�Q�,Ri i Ci0��0�� AILTIIiKAl�lVlr�l�l�L 11�D�G�.iavav . ..». ..�r •••�••-r�•• - v_
<br /> ° �n�m�ke all repairo t6at�re rcasonably necessary•Trustor will give Beneficiary pro�t nodoe of any losg or dnmaae to
<br /> eK.
<br /> � thQ Pcoperty.Tr¢stor wiil keep the Properry free of no�ctous weeds and�rasses.Tnutor�v�ll not intdnte.Join in or consent
<br /> . . _-,, to any change in nny pdvate resMcdve covenant,zonLng ordinance or offier public or pdvate restricrion limtting or
<br /> � det3aing the uses vsrhich may be mn.de oY th�Property or any p�t of the Property. without BeneRctary's prt4r writtea
<br /> cnnsent. Tiustot will notify Beneficiary of o31 demands, pmoeec91n8s. clnims� and aeUons'ug�inst Tcustor or nny�othor
<br /> owner ma.de uader law or reBulation regardfng use.ownership amt occupaucy of the Prapexty.7'ruswr will coiaply with oll
<br /> ° legnl requirements aud resuicciona.whether pubt{c or private,with respecc to ihe use of the l�cogerty. Tn�stor tilso ngrees
<br /> thnt the nuture af the occupancy�►�d use wiU iaot chanIIe without Beneflciary's prlor wcittea oonsent.
<br /> IVo portion of r.he property�vill be removed. demoliahed or materlatly altered without Beneflciury's pdor written oonsent ;
<br /> except that'trust�r hos the d$ht to rcmove Ite�of personal property comprising a part of the Ptroperty thut become wom
<br /> � Oado 2 0/6
<br /> ' 0100�OcNO+s SYOtomf.Inc.5t.Cloud.MN It�IIOO�Jfl7•7�411 FdA AO<0�0T-NF t0/30/97
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