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<br /> B. All futuYe advnnces fram Beneflciury to Trustor or ather tLture ublignttona of Trustor to Eeneflctnry under cu�y
<br /> • � protNasory note,conuast. punrunry, or other evidence of debt exisdnII now or executed nfter thia Deed of Trust
<br /> . whether or not tbia Dced af Trust ia speciRcnily eeferred to in the evldence of debt.
<br /> C. All obligadons'['mstor owea to Beneflciary. which aow exiat or mny Inter arise. ro the extent not probibit�by . ��;,,
<br /> ., luw. including, but �iot limltc�to. linbilities for overdruRs relating to nny depostt naxiunc nBreement betweea , .
<br /> ' 1'tustor And EeneSclnry. ��
<br /> n
<br /> � p. Afl udditionat euma edvanced r�nnd expenses incurred by Bsaeficlnry for insurina.pmserving orotherwise pmtectiag .;,_;..
<br /> , ' _ -- thia De d of Trust�pluau interest at the blgkestArat in effect ef m tfinecto timebyas provid�In the Evidence of -"`'
<br /> o n '
<br /> ;' :�� �:;�; �:
<br /> , -� Debt. ' •:;���
<br /> " '� ' E. Tn�stor's perfom�snce under the tecros of Any instiument evldenc[nB u debt by Truator to Beneflciary and unY Deei1
<br /> of Tntst securinII,�unrantyG►II.or othetwise relating to the debt. =°�
<br /> 7�li
<br /> • If more than one person afgna this Deed of Tcust as T:usror. eucb Ttustor agrees that this Dced of Truat wiil secure ull �;_�'
<br /> 4 future advaaces and li�ture obllIIations descrlbed above that are given to or incurred by any one or more Tn►stor.or any '::;;::
<br /> one or ucore Trustor and others. 'itis Deed of Ttust wlll not secure any other debt if BeneRciory fails,with res�xcc�o euch :,,';`"
<br /> other debt.eo�e auy reQuired disclosure ubout this Deed of Tmst or if Bsneficlary faila to give auy required nodcc of ,---
<br /> � the riBht of rescission. ..�.
<br /> ' .,,''�;,� S. �/��IN�N'1'S.Tcuewr aBrees co malce atl payments on the Scxured i�Pbt when due suuc�iu accordancc wich the terms of the
<br /> " • � Fsvidence of Debt or tLis I)eed of Tn�st. �"'""`
<br /> � � 6� �y�R�AN�y OE TlTL1E.Trustor covexea�ats t6at Trustor is lawfully seized of the estate wnveyesl by Wls Deed of Trust ' "
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<br /> ° $• and has thcs dght to irttwocubly grnnt�canvey ead sell to Trustee, in tc�st,with power of sale,tta��+npertY and warrants _.
<br /> ` tliat the Property+ia uneucuim'bEred�exce�st for encumbrances of retord. �`'.-
<br /> . �� � snr::
<br /> .. 7. CLAIIVIS AGAII�IST TiTLL�.Tmstor will pay atl taxes.assessm�nts,liene.encum?�raaces.lease paymeats.�aund rents, �_._.
<br /> utilitles.aud other charges mlating to t�he PropErty wben due. Berzofic�ary may re4uire'1'iustor to provide to Bmeflciary
<br /> � ` copics of uU aotices that sach amouats�due ead the teceipte evidencing TntsWr's paYmemt.lYsistor will defend tide to �i_;__=
<br /> : �'. ece _..,
<br /> • y � the pi,operty ugaiast eay claims thnt would impair the lien of thie Deed of Tivst.lYustor agrces to s�ssiga to BeneBciary.as _,:.
<br /> � . , 1 s�s� �_ r.°�uested by Beneficiary, aaY,riglits,clsims or defenses which Tiustor may havF against partles who supply labor or
<br /> ;;'• a�aAtedelo w improve or mtuntata the rrope�cy. ---
<br /> .',�,� 8. PRIOR S�UItIT'Y AVT�R�1'�.With regard w any other mortgage,deed of uuat. securicy agrcement or other llen --
<br /> � docwnent t4s�c r e a t e d a p r ior s e c u r i t y i n t e r e s e o r e n c u m b r a n c e o n t h 7�r o p e r t l+a n d t h a t m a Y h ave pdori ty over thfe Deed
<br /> oi Ttust,RYustor agre�s: d
<br /> � A. To m.�+ke sll puy�ts�vhen due and to perform a�r comply wlth ail coveaants.
<br /> {
<br /> a. To ptomptly deliver to BeneHeinry sny notices that Trnstor receives fmm the hoidec.
<br /> C� note;r agreem�at se�nred by,dth�e other�mortg ge�de�ofdausttor�urlty a�ment unless Beneflciary cons n� e_--
<br /> . . . .�``. it1 wtiting. -
<br /> �'�'• 9. D�ON SALC OR ENCUIV�RANCE.BeneflclEUy raay.at tta opdon,declare txte eatlre balence of the Sesurcd]�eDt w . _
<br /> luy
<br /> -- .o.,::�:. be iminedintely due and psayabls upon the creadon of any lien�encumbrance.tranafer,or et�te,or contract ior nny����e
<br /> �``;-;�,;,;;:��;.�� oa the property. However,if the Progerty i nc lu dea T n i s tor's ces i d e n c e, t b l a ¢e c t i o n s h a i l b e s u b j e c t c o t h e r e s t�lctiona
<br />- �>>:rt=i:
<br /> Imposed by federa!Inw(12 C.F.R.S91).as applicable.For the�ui�pi Dses of thia sectioa.the teraa"PropertY° also ia�ludas
<br />_�i,r�.����.:,...•�. any intezest to aU or any puK of the Property.lbia covenant shell run vv�th the PropertY aad shell cemaia in effect until tba . -
<br /> ;�wfr;,, ;.„�. Secured Debt ie paid in Poli nttd tWs Deed of Tiust is released.
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<br /> - :`�.'i.�:= 10.TRAIVSFEIt OT AN IIVTL�REST iN Tl�GRANT013. If Tiustor is an entiry other than a nttturnl perso�(such as a =
<br /> � �'�' .�' co:poration or other orannlzation). Beneflcicuyr may demand immediate puyment lf(1)a i�eaeReial intemst in'Pnw"wr is . -.
<br /> "�:�:"-- `.:.::� sold or uansfemed;(2)there is a change in efther the identIty or aumber of inennbers of u partnershiP: or(3)there Is s
<br /> ��•:�' �� �' ' chaage in o��nter'hip of m�►m thnn 25 perceat of the votln�swck of a aorportuion.�Iowever.Bes�efiCinry may not demnmd __.
<br /> ��•`_�-=--�--� puya�et ia dse sbove eth!eNons if it is prohibited by law oa of the date of thie Depd of Tcust. � _
<br /> ._'�.d�.':�/lL4' .
<br /> �N'�••
<br /> -Y�.'"- ,. .. l i.E N T I T X W A R R A P P f�S AND Rk'�RFSENTATIONS. If Tnistor is aa entity other than a nutural person(sttch ag a
<br /> --�i:':`�: corporatton or other orgui►i7a.tion).Ttuator mnkes to Beneflclary the followina wt�rrranties und tepresentrtions w h t c h c!�,N] '
<br />_ . �. � be cantinutnB s�s long os the Sscured De bt r e m n i n s outstnn d i n g: _-
<br /> : •,.,,�• ~ A. Tcustor is an entiry vvhich is duly orQanizeff and vniidly eacisti� fn the Trustor's stnte of iacorporation (ar _'
<br /> •�����' orguniziulon).'IYustor ie ia good strmdtnB in nli states in wh�ch Tn�stor tr�nsacte b�alness.T�ustor has the power
<br />- ;��°1;�;,J �d . and authorlry w ovm the Pmperty nnd to carry on ita bnain�s os now beinB oanducted and. as upplicable, is ='
<br /> ' :;" ;_�� qraltfied to do so in e�ch state in whicL Tcustor operate3. Q=:
<br /> • � B. Thv caecudoa, de1tvery aad performm►ce of tnis Dce�i o�9'rust by Trustor and the oblignflon evfdenaed by the �r
<br /> ;�.,•,, Bvidence of Debi Are within tha Is�WQr of Trustor. h��LC bcen duly antliorizcd. Mve received all necesssuY ,�-.
<br /> .;�;;�:f:� ,; �, Qoveramentni approvN.and will not violntc n�y proviaion of law,or order of oourt or govemu►ental�►acY•
<br /> �':.
<br /> '';,�"� C. Othor thaa disclesed in wridnB Trustor has n�2 chang�d ita name vrithin the last ten years aad Ia,s nat used any
<br /> ' � otlter usde or Rctidous nsune.Without Beaeficiary's priQr written oonsent.Tcustos does�t and wy�i not use any ,
<br /> -- `�� :;.`„A a�:sd�a�i!!r:�e,•�P�e�a existing nnme.trade cr�n�s aad franchisc�until the gaut+ad Debt Is st{tlafted. : :
<br /> [, �'
<br /> _ _ —��- = 12.PROP��R'['Y COI�IDI'F'dON. AL'fCiWTIONS ANA INSfl���14�N.Truster wiil keep tbe Proporty in good oondicion
<br /> and mahe n11 repsiirs tiu►t ane �sonably necessciry.Tcustor�v�ll �ive Aenefielary prompt nodae of nny loss or damnBe to
<br /> r
<br /> - , the Peoperty.'1'rustor will keep the Propemy fc+�of aoxiaus weeds aad giasses.Trustor wtll not inidate.3oin in or oonsent
<br /> � �' co uny chnnge ia any privnYe resutctive oovenant, zoniug ar��nnnce or other gublic or pdvate restrlction 1i�itiaa or
<br /> an
<br /> deflnin�the usea which muY be made of the Prop�iy or any �¢atc of the Prop:.rty. �vttliout Benefteiary's prios writtat x
<br />_- ' consent. Tiustor wtll noNfy Beneftciary of ell demands. Pmr.eedinfr,s,claims. and uctions r�a�Ont•3�rustor or any asher £.
<br /> owner m�de under Inw or segulution re�nrdinQ use.ownersbip aad occupancy of the Property.'�ot t�ill'�o�itply�vith ulI �
<br /> - leBai requicements and cesutctiona,whether public or prtvute.with respact to the use of the Property•'f'tustor also nareea ��
<br /> . � ' that the�wriue of the accupancy+md use will aot d�mtge withaut Beiieflciary's prlor wrlttea consent. ,
<br /> - • " No Qortion ot the Property wiU 6e removed,demolished or ronterinlly nitered without BeneflatarY'e prior written consent
<br />� .. � �xcept that Trustor has the rl�t►t to ceettove items of persannl proprrty comPr[BinII a Purt of the Fropetty thut becosne wom
<br /> , • , �, pago Y o►Q
<br /> �- . - . p 1093 Oankcro Svamma,lno..6t.CIpiO.MN It�OOOJ99•21Q11 Form A61C0-0T�NB tOBORi7
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