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<br /> � B.All tt�turo c:dvunces frosn Baneficfary to Truator or otticr futurc nbll ntianR of 'frustar to Ncneficfnry undcr:uiy .
<br /> n promissory note,contrnct,nuarnnty.or other ovldenee of debt execute�by Truetar ln fnvor af Seneflciary executeQ
<br /> attet this 5ecurfty Insttument whethar or not this Sccurity Inatrument is apecificully referenceQ. If more thnn ono •y`
<br /> person s1Bas thia Secudry Inetrument. ench Trustor ngreca thnt this Securlty Instn�ment wUl secure nil N�uro ,.�,.:..
<br /> aciv�ncea nnd tLture obli ationa thnt Are IIiven to ot lncurred by any one ar more Tn�ator. or nny ona or mora Tn�stor
<br /> ' and othQrs. All futute n�vuncea nnd other future obUQadons are secured by this Security Insm�mem even thrnigh nil
<br /> or psut muy aot yet be ndvnnced.All ititure advnnces nnd other fltturo obligudons aro secured m i f m:�de on eha dnte
<br /> � � of ihis Security Inserumeat. Nothing in this Securlry Insuvment aball wnatitute u cnmmitment a rnnke additton�l or � '�.
<br /> �� -� t�t u r e l o a ns or udvances iA Any amount.My such commiunent must be a ree�to in n aep�uate�vri[ina.
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<br /> �" �" � C.All other abltgationa Cirnntor owea to L en d er,w h ic h m a y l a t e r a r i s e, t o t e e x t e n t n o tp m h i b i t e d b y I n w i n c l u d i n g, ,�
<br /> � but not limitod to.liabtlities for overdrnfts relating to nny depasit account agreement be tween orontor an d I.ender. ,.; ,.
<br /> , D.All additional sums udvanr,ed und expenses incurred by Benefictary for insuring,preserving or otherwise protceting ,['
<br /> the Pro�serty ond ita vnlue and any other sums advnnced nnd expenseu incurred by Beneficfary under the tertns of this , ;
<br /> ' Securlty Ineuument. '{�r*�•
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<br /> In the event that L.eadcr fuils to provide any necessary notice of the right of rescission w i t h respect to any a d d i�i o n a l �_�_;�:,
<br /> � tadebtedness secumd under paragraph B of this Sectlon, Lender waives any subsequent security interest in the Grantor's �,,.;
<br /> priacipnl dwelltng that is created by this Secudry Instrument (but does not waive the secunty intemst for the debes �F^�^y
<br /> • referenced iu paragrnph A of tbis Sectioa).
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<br /> •�,,��yJ�.�:'�. S. Q�EIff O�TItUST CO�IiTANT3. Tn�stor ug�or br ac e�sVany c�.ovenu�nit in this se�.cetiona Benefciugryati�y�d�e to .•_.�-.
<br /> . _.:�::.�:��•• Securcd Debs aad thLs ScMur�ty Instcument. If T M
<br /> ��''}•`?�'' make addltion�l eatensions of credit ead reduce the credit timit. !3y not eaercislbg elthee remedy on Ttustor's bm.3sh, ..�;`:
<br /> ' Beneflciary doxs not walve Beneficiary's dght to later croasider the event a breach if Ct happens nBain �.�.�,,�
<br /> ' teermg of�th�e Se.�c tured DbS�r►d this Se.acudrytIn trumen e Secured Debt witl be paid whea due and in�ccordunce with the Fm��-.
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<br /> , r Pr[or Secoulty Intec+ests.Wieh regard to any other mongugc,deed of trust,secudiy agrcement or aher lien documeac chac �rm�j,
<br /> � creaced a prior securtry intomst or encumbrance on tbc Property, Tcustor pgrees to mnke f►Il payments when due aad to _�_
<br /> perforra or comply witb�Il covenants. Trustor�lso ugrees not to aUo�v any modification or eatension of. nor co request
<br /> .� aay futura advanccs under any note or agreemenc secured by the lien document without Bencficiary's pdor wntcen '—�'=�'�
<br /> apPmval. ---
<br /> . Clnipns A�nlnst'Pltle.Tcustor wIll pay all tr�es(inclading any tax assessed to this Deed of Trust). assessmea�s,liens. --
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<br /> .•_ ,. �. encumbnuia�.,s.lense payments. ground renta, uttlities,and other cbarges relating to the Property�vhen due.Beae ic ary
<br /> ?�i�rr��; �y��-t�vator co proviuc io S�Lgs}ar�;xp}�flf s!Z Q�tica±�h�r�uch amounts are due nad ihe recaipts evidenclug
<br /> . '�,�'� y
<br /> Trusror s A�m�nt.Truscor wlll defend¢itlo co the Property agutnst an cloicas that would impuir tde tien�f Uus Secunry
<br /> �,, c�ry hav�e ga�i partCea who suppTy labaT or tinatec[a!s to mainttai�n oi imp oveith�Q�Propei y��'claims ar defenses TcusWr — _
<br /> Y
<br /> ���'�`� , IP�roperty Conditton,Alteratios�s nnd Ins�lon.Tcuat�r will keep the l�roperty in good coaditlon s+nd makr a�l reps�rs
<br /> �T�
<br /> 4D�at are reasonably necessary.Trustor shal aot commit or allow any waste,fmPairment,or deterioratlon of�Pte penY•
<br />- ° % Truatora�ree.c that tha nature of tha occupuncy and usP will not subatnnti�tly chnngc wlthout Beao�ciury's prlor wdtten ,_
<br /> � w�en cons sen r Tiustoi witlaoti yyBene�inry ot"atl ds smandsa�proceedingsn claitns,and acdo Es agui ninY r�uvstor andiof
<br /> • �" any loss or damage to the Froperty. _.
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<br /> +r BEneRciary or B�neficiary's ugents au►y,at B:neficiary's option,enter the Property at miy reasonuble time for the Durpose � _
<br /> " � , og inspectc ing tha Property. Beneticiary shall give Trustor aotice at the time of or before an iasFection spect�y wg a _
<br /> ' �+eatonable�g�szpose for the lns cton. Any inepecdon of the Property shall be entirely for Bcae�iclary's benefit and
<br /> ' � Tcustor wil�nn ao way rely on eneficinry's inspe�tioa.
<br /> .� Autho�ty to Per[oim•!t Tcustor falls eo pedorm any duty or aay of the eovenunta contniaed irn this Securiry lnstiumenc.
<br /> �;5,;. �` I�fi�iuqr maY.without notioe,pedorm or cause them to be performed.Trusror ap�ints Beneflclary as actoraey in facc
<br /> •��`,'•1�'' � � sa slgu Trustor a uame or ay aay amount aeCes�for performance.Benefictary's c ht to perform for'�'rustoa ahatl not
<br /> ' . ," � B�ee�'iciaty sio$thei rig���od�•thelna+v or this 5ecur�iry in trumentrn wUl not prcclude�eneflclary ticom excrci�3ng any of
<br />� . � Leasfleoids;Condominiums; Plnnncd Ualt Devclopmeat�.Trustor Agreea to comply with the provistons of anp lcase If
<br /> �� � this Sr�urity Iastrumen�t�is�f Trusto�r's duiics under�il�e covenanass by inwR or rcguluttoiuie.mofrthe lcond nlliniiu�u►c or pla�m�d
<br /> _. • �! Trustor wlll perform
<br /> � : �±�C unit developtnent. `—�
<br /> • � � � b privnte or�public `
<br /> ,'' Cundemeatt�n. Trustor wiU give Beneflci�ry prompt notica of any pendfnB or threatened actlon, Y
<br />- � enddes to�urchese or take any or all of the Property thmugh condemnat{on,esminent domain,oa utY other meuns.T�scor
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<br /> ;�,. authorizes�enefici�uy to intsrvenQ itt Tcustor's nome in any of the above descrtbed acttona or clalzns.Trusror agsigns to
<br /> ° Benefictaiy the prooeeda of any nwnrd or cta�m for damages wnnc�te�with a condemnation or aher takiag of all ar any
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<br /> �patt of the Pcoperty Such pmceeds shn(1 b$ coasideted payments nor rWUiortbu epd�ee�d of ttpurouV s�uriry glreeme�n�oi �--
<br /> Ynstru�aeat.'fhts ussignment of proceeds is subJect ta the terma of anY P 8 8 • —:
<br /> othcr llea documcnt. �
<br /> � Ingurance. Tcustor shull keep Properry insured against loss by fire, flood thaft und other h�ards and dsks reasonably �:
<br /> s pssxiated wtth the Properry due to its rype and lacation. 'fhts insuranw e{�u11 bo ataintained in tho nmounts and for the
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<br /> pedoda that Beneftcinry requirea. 'fhe insurance alrrier pmvidlng the insurance shull be chnsen by Trusror subject to t
<br /> p Beaeficiary's approval, whCch ahall not be unreasoaubly wtthheld. If Trustor fal1� to mutntaia tho coverAge descdbetl
<br /> � above.Beneficiuy mny.at B�neficiury's optton�o�irnin covera�e to pmtect Bcneticiary's rights in the Propetty according
<br /> • to the cemQS of chis 5ecurity Insuumenc.
<br /> ' �►U insurance palicies and renevutils shaQ 3�e soce�tnble to Beneficit�ry an aPhP�flciArv of cnncellatdlon or tec�inine1Noa�of che �
<br />— - -��� .uLnwo onrterlhj@. '.OS4 DaYCB Clfl1ICfC• t1Yif�Yl au�� i�11Ti��5.�j n��}� : _._t� 4O n...�11..te.0 �s+nuiett�n 'I tllitOf B�IU�j
<br /> �^rr"-----
<br /> __- - - — insurance. Bene�ieiary s'hail huve the righi to Rota cne poiic�es anu cc��e:.�o. .. .�.......,., --,-----• .
<br /> " „ ° Im�in�lute noticeet the insurnno�e cArder�anipd&nefleiadiyp.Benef=ciary may mwnk�e pi��f loss�if notmn c inunt�lutcly by
<br /> Tcustor.
<br /> ' Unless ott►erwise agrced in wrlttng.all iasurance roreeds shatl be applled to the resroratton or repuie of tAa Property or to
<br /> :•�. the Secured Debt. whether or not then duc, ai �eneCcinry s option. Any applicntion af pro�is� to pxincipnl et�all not
<br /> extend or postponc the due dnte of the scheduled pnyment nor change the amount of a��y pnYment.Any caccse wlll Uo puld
<br /> � ' to the'fntaror. If the Property is acquircd by Beneficiary, Trustor's rt ht to any insurance policles tmd proceede r�:su[tlu�t
<br /> � � frosn damnBe to the Property before thc acqutstcion shutl pass to Bene�ciary to the extent of thc 5ccured T�ebt �t°OOue aaor m
<br /> beforc thc Acquiattion.
<br />, O19g0 0antan Svstem�u+a.5t.C�ouA.MN Fa�n OC�HEDt•Nfl 10/�f90 """"—'"� ' -�""�—
<br /> � � oorde:.mm�vs
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