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<br /> B.All fbture advouces from Beneflciary to Tn�ator or other Ntur�e obllgationa of Trustor to Beneficlary unde:aay ,
<br /> '" promisso note�conuect.guaranry.or other evldence of debt executed by Truator ln favor of Beneficiary ex�cuted �u_
<br /> " aftsr this�ecurity Iasuument whether or not this Securlry Iastrument ie slseaifically referenced. If more tha�one
<br /> .. . persoa signs thia Securiry Insuumene. each Tivstor agrees tl�at this Securlty bsatrument will sccure aU Sii►ture �,�
<br /> . advaaces end future obligationa that are givr.a to or iucurred by any one or more Tiustor,or any vne or more Trustor --
<br /> , aud oWera. All future advaaces and other fuwre obligations are secused by this SecurIty Insttuument even thou8h all �-��
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<br /> or part may not yet be advaaced.AU future advances aad other future obligadons are secured as if made on the date �,;;�
<br /> �� �. i„ of thls gecurity Insuument. Nothing in this Securlty Insuumeat�hall consdtute a commlauent to make addidonal or
<br /> !.' future loana or advances in any asaount.Any such wmmihnent muat be agreed to Ia a separate wrtting� =
<br /> ;'�ri,�: . C.All other obligatione Cirantor owes to Leader,which may later arlse. to the extent not pmhibited by law including, _
<br /> but aot limited to.liabilities for overdrafts reladng to aay deposit eccouat agceement between Cirantor an�Leadet. r
<br /> ~��"^�``""`' D.All additional sums advanced and expenses incurrM�Beneficiary for iaswing.preservia�or otberwise protecdng •
<br /> � the Property and its value and any otIier sums adv and expenses incurred by BeneScIary uader the terms of this _
<br /> .. Securtry Instrument. `:
<br /> � Jn the event that Lender fails to provide t�ay necessary aotice of the right of rescissioa with resgect to atry additioaal
<br /> indebtedness s�cured under paragraph B of thia Secdon, l.ender waives any subsequent securtry interest in the Cirantor's
<br /> � principal dwelliAg that is crr;ated by tbis Securiry Insuument (buc does not waiva the secui�ty interest for the debts —
<br /> � •�±..� refereaced in PatagraPh A ofthls Section).
<br />� • • , S. ��A OF TAUST COV}�1A1VTS. Truawr ag� that the covenants ia this section are materlal obligatioas uasl.er the �
<br /> �, ._,;�'� Sccured Debt and this Securiry Instrument. If Tn�swr breaches�y covenant in thia section, HeaeScIary may refaue to
<br /> ma?ce addidonal extensIons of credit and reduce the credit limit. By aot exercisin�either re�nedy on Trustor's bnach, _
<br />-., � Beneflciary daxs not waive Beneftciary's right to later consider the event a breach if ii happens agaia. =-
<br /> �t ]Payanents,Trustor a�s that all paymente uader the Secured Debt will be paid when due aad in accordence arlth the
<br /> ternas of the Secured Debt and this Securlty Insmunent•
<br /> , Pc[or Security Intereste.With regard to any other mortgnge,deed of uust,security agreement or other liea document that
<br /> _ , � : created a prior socurity interest or encumbrance oa the Property.Tmstor agre�to make all payments when due and w
<br /> .. . ' perfoma or camply wlth sU covensats.Trustor also agrees not to allow any iaodificatton or extension oP?nor to �u�s
<br /> .� � any fl►nue advances under any note ot agreement aecured by the lien davment wlthout Beneficiary a prior vvriuen
<br />_ appmval.
<br />�w.;.'. ;��� �iaims Againsi 3"�e.Tn�s�r wW�ay sti ta;.es iincIuding auy tax�ta skio B�d ai Tns:t�, ��� , tieQS, ,
<br /> � , encumbraaces lease payments.gro uad rents.utllIties.and other charges relating to the Prop�y when due:��neiicfary
<br />_;: a � � m a Y m,�u�r e'l t r n s t or to pmvide fo Benefi c l a ry co pies of all notices that such emounts are due"and the rx,ei pta evidc3ncing
<br />;��:`.,. Teustor spa�m ent. Truswx will defend title w the Property a g a i n s t any c l a i m s t h a t wo W d i a n p a i r t he l i e n o f t h i s S e c v r i t y
<br /> - I n s u u m e n�. T t�s w ragrees w a s s iga w B e n e fi c .t�,s r e q u e s ted b y BeaeSd a r y.�n y t�g h ts,claims or defenses Tn�tor
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<br /> .�. ... . , may have against p a rt i"e s who supp l y labor or s to maintain or improve the Property.
<br /> -..' �.. ' ]�perty Conditlon�Alteeattons and Inspestdon.'lY�stor wW keep the Praperty in good coadifloa aad make aU repairs
<br />_-�,����};�rt � that are reasonably necessary.Tiustor shall not commit or allow any waste.tmpairmcnt.or deterioratioa of the Prapertg+.
<br /> 1Yustor that the nature of the occupfuncy and use wUl not substentially change vilthoui Beneflciary's�prlor written
<br />"`':.`�,`- `.. wasent. n�utor vrW not permit any change ia aay llcense. resMetive covenant or easemant without Beneficiary's prFor
<br />=.-�'":.�`.r..;, written consent. Tn�stor wiIl nottfy Bene�aiary oi all demands,Froc�ings,claims, aad acdons against Trastor. �d of
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<br /> ��,, . azry Ioss or damage to the Pc�operty.
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<br />�--�,:g�,. BeneRc or Ben�ficiary saSents may.at Beaefi�y s opuon,enter the Property at aay reasonable time for the ucp�se
<br />___ �,_,�T� of i��g the Property. Heneflciary shaU give Tn�swr nottce at tbe time of ar before an on a
<br />�Y���-��_:�� reasonable��purpose for the ins�o��gy��dnn of the Proptrty shaU be endrely for Ben�ary's ne t aad
<br /> -�::����-.Yl� Trustor wili ia no way rely on seaefi
<br /> _°�_�='-�-.�� �uthodty to Yerform.If TtusWr fails w perform any duty or any of the covenants oontained in this Security inatr�_ment
<br />�-'.=� Beueflciary raa�r witliout nofloe.Porform or c�use them to be performcd. Tn�storappoints Heaefi�y as at�omey �a�
<br /> ""L"`" to sign'fiuswr s aame or psy any amounc for ormanee.Benefidary's r��ht to�rm for TYustor ataall aot
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<br /> `- rr�=�� create an obligation w perform,and Benefia�ailure�to perform wiU not preclude Beue from e�cenisiag aaY of
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<br /> Beneficiary's other rights under the law or thia ecurity Iasuument.
<br /> -.°`_ ��=z�_-�� t.�c�nida:Cnndeminhuna:Planned 3Jnit Develot�ments.TrnsWr agrees to comply.wlth the provisions ofaay lease if _
<br /> �"r �i tDis 5ecurIty Iastntment is on a leaseh.old.If the Propeny mctudes a umt m a candomuuum or a planueu uui►�•clo -u�u
<br /> Tn�ator w1A perform all of Tzustor's dutiea under tfie covenaats,by-laws.or regutauons of the condominiwn oe�,��.� -
<br />����+`�� unit developmeat.
<br /> -,;�-'_"''"."""� Condemnatton. Trustor will give Beneficlary pmmpt natice of any pendiag or threateaed action� �prlvate or�ublic _
<br /> --. �'',:- , :. emides to purckage or take any or all of the Property throu�►condemnation,emiaent domain�ora�►o er mrans.zYUStor
<br />_ --���-•',,-� author�s�eneftciary w intervene ia Trustor's name in aay of the abova descrlbed actlons or c]aiaas.Ttustor essagns¢o
<br /> - -"--� geneficiary the proceeda of aay award or claim for damagea connected with a condemnaflon or othar taking of all er aqy
<br /> part of thBp�arty Such proceeds shall be consIdered �ayments and wlll be applied as pmvided in this Sxcarlty _.
<br /> .. ; �• '� Insuunnent.This asslgntnent of proceals Is subjea to the terms of any prior mostgage.deetl of trust.security agrceaient or
<br /> �.:_. � ,. � other lien daauneat.
<br /> � � Tnsarauce. Tn�stor shall keep Property insured agaiast loss by fire,flood theft and other hazerds and rlsks nasonably ._
<br />- ' ��`, assoc)ated with the Property due w its type and lecution.'1Lis�nsivauoe s�a118a maiatained i3n the amoun�and far the
<br /> peeriods that Beneflciary requlres. The �nsurance carrier pto�+idi� the insurance shall be chosen by Trustos eubject to
<br /> � , BeneRciary's approval. wl�ch shall not be unreasonnbly withhel . If Tn�stor faiis to maintain the coverage descdbed -_
<br /> - t above, BeneRciary may.at Beneficlary's option,obtain coverage to protect BeneBciary's rights in the Property axording =-
<br /> to the terms of ttus Sec�rlty Insm�ment. '
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<br /> _ --_- - + All insurance policies and renewals shall bea�table to Beaeficiary and shall iaclude a staadarG"mortgage clause`aad, .
<br /> ° .� ' where applicable. "loss payee clause.'Trustor shall immediauly ao�y Benefi�y of caacellasioa or terminatioa of the �
<br /> - insuraaoe. Beneficiary shaU have the rlght to hold the policles and renewals. If Bene�daiy requires, Truscos shall �'
<br />- � ' - �� irrannediately g�ve to BeneBciary ai1 receipts of paid premiums and renewal notices. Upoa loss, Trustor shall givo �
<br /> immediate no t�ce to the i n s uranco c a r r ier aa d Bene fic i a ry.B e ue fl c i a r y m a y m a k e p m o f o f l o s s i f a o t m a d e i m m e d[i a t el y b y �
<br /> Tcvstor. -
<br /> � `� Unleas othe�vise agreed in aritiag.aU insurance proceeds shall be appl�ed to the reswradon or repair of the Property or to =
<br /> o the Secured Debt. whether or not then due, at BeneftcIary's option. Any applicadon of proceeds w principal slaall aot :
<br /> extead or postgone the due date of the schedtded payment nor change the amount of any payment.Aay excess will 1x pald �
<br /> , to the Tn�smr. if the Property is by Benefl .Tmswr's rI t to any insuranoe olicies and roceeds e+�sniting �
<br /> �y p �s
<br /> fcom damage to the Propertybefore�ther�acquisidon ahaiTpass to Beno ciary to fhe extent o�the SocuredDebt imme�iately =
<br /> _J. before the acquisition. W,g.to�a _
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<br /> . 01894 Bm+kero 6yeteme•1nc..St.Clwd.MN Fam OCP�REDT�NE 10/7l80 -.
<br /> DOI'NBt.@m tN8 =�
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