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<br /> = n` .. ' 8. Ail�ture advuuces from B�neficinry►tn TruEtor or other Poture obligeUons a�f Tcustor to Beneflciary uader n�►y =
<br /> -- ?`' pramissory Aote. conuuct, nuarr,nty,or other evideace of debt exlstiag now ot executed n�ter this Deed of Trust
<br /> wbeth�or not this Derd of'l'�ust is specificallY ref'eYred co in the evidence ot debt.
<br /> " '' ""�� C. AU obligationg Trustor owea w BenQficiary. which now eaist or may tatet s�rise. to ttee wetent aoi pmbibited by
<br /> � _ - •,,.'. farr. iaclud'ang, but noc Ii�ited to, iiabilities for overdmfta mlratLi� to any degosit accov�►t agre�ment t�etween
<br />-.`�.:r.- � : Truswr and&aeRclaty.
<br /> D. All additio�al sums sidvanced and eApVnses ircourred by Beneflciary far Wsudng.Preserviag ar otherwise protecting
<br /> d
<br /> -�;� ' the Property end ita vutue end any other sums advanced aad expenses imarced by H�uetic�ary under We tem�s of
<br /> ----- --- this Dced uf Truet. plua interest at dte hfghest rate in effect. from time w ti�te. es provided in the Evidence of
<br /> ,��±���� Debt.
<br /> _ - ;�� B. Tcustor's perFor�aace uader the tern�s of any insaumeat evidencing a debt by Tn�stor w Beneftcfary and any Beed
<br /> •�T..;� of'i'rust secutln�,SuarnntYing.or otherwise reludng w the deb�
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<br /> ���.,�;'�`: If more than one pe�son aigns thia DEed of Tiust as Tiuswr, each'YYustar ag�es tmst this Deefl of Trnst wi11 secure�ll
<br />_-��:.;;�: future advanoes and future obligations descrlbed atwve tlutt ut�given to or incurnd by any oae or more Trustor.to such
<br />_:_.-�"'=��`; one or t�re Truator ancl others.Thls DECd of Tnist wlll not sec�ue any other debt if Benefedary feils,with respect
<br />-��'F other debt, w make any required disclosure abnut this Deed oi Trust or if BeneftdasY faile to gtve any requjred naHce of
<br /> �-�'';,�,,aa"�i the right of rescissioa.
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<br /> .:,�,: 5. PAYIVIENTS.Tn�swr agrces ta make all paYments on the S�ured Debt when due and in aa:ordauce with the terros of the
<br /> �'"'�' Bvldeace of Debt or this Dsed of Tlrust.
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<br />°'%;i,, : 6. WARItANT}I�F TPTI.E.Ttustor coventmts that Ttuator ls lawP�lly s�ized of the estate convcyezl by this Dee3 of lkust
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<br /> �?;..��,�;; � and bas the r�gbt&�irrevocably grant.convey and sell to Ttuste�,in uust,wIth Power of sale.the PmpertY an wtinants
<br /> e�;`;:�:�,,, that tha Prapetty�s wenc�nbered.exoept for encumbronces of m�cord. . -
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<br /> -=�,;''' 7. CLAIl4t8 AGA1(NS°i"ATI�d.�.�custor will pay all taxea.assessnaente,lieos,eacwnbtaneea.lease paymea .S�co .,:,.��:-
<br /> ''��� utilifles,and other charges relatiug to the Property whea dus. Baneflci�t may rec�uire Tcustor w pmvide w Beneflclary .
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<br /> coples of all aoflces that such announts are due and the receipts evidenciag Trusmr's payment.Tcustor wI{I ddead title w
<br /> the Ptioperty aSaiast anY claims thet would impair the Uea of this Deed of Tcust.Trustor agrces to assign to Eenefic�ary.as
<br /> - — i� �SY ��+'• �Y ri�ca, clefms or defenses which T:uator tnay hav�against parties aho suppiy labor or *
<br /> ___ - materials to improve or maitttaia the Property.
<br /> 8. Pd'RIO�R���arn�x secudty inte�or eacumbrance on�th@�oe�P�Y�tbat�m�ay have P orlty over WisrDad
<br /> of'dYust�'I'custor agees:
<br /> A. To make aU paymeatn when due and w perform or comply wtth all coveneats.
<br /> B. To promptly dellver w Henefi�iary uny notices that'1lcvstar realves from the holder.
<br /> C. Not to aiake or permit nny modiftcation or extension of,and not w request or aoapt any��e����Y
<br /> - noss or egc�eement secured by.the other mortgage.deed of auat or socutitY aSr�meat
<br /> in wclting.
<br /> 9. DiJE ON SALE OR ENCUIVIBRANCE•BenefidarY maY���°p�o�'���e entire balaace of the Secured Dabt w
<br /> be immodiately due aad payabie upon the creation of any lten.enaimbrancc.transfer.or sale,or canuacs fos any of these
<br /> on the PropertY. However, if the Pmperty includes Tcustor's resldeacx, tt�is soctioa shall be subject to thslso iac udes
<br /> imposod by fcGeral law(12 C.F.R.591),as epplicable.For the purpos�s of this eacdon.the teim PcopeYty .
<br /> any interest w ail or aay part of the Prnperty.11ils covenant shall run wIth the Property and shalI remnin in effect.uatil the
<br /> .._�..�,.,e,.°u:,,a�n a,ut rhis Deed of Trust is released. .
<br /> --- _ . . . -- NwY�w r.v.w=-�»—- �
<br /> _ - ------ 10.TAtANSFEFt OF AN IlV'i'F.RFST 1N�GRl�NTO�R If Tmstor is an eatity other thaa a namral Person(sach as a .
<br /> cotporadon or other org�ation), }knefidary may d�mand immedi�te�aymeat if(1)a bee��f'icial iaterest 1n Tmstc�r is '•.
<br />- -- - -_- atd or ts�sfgrs�-�!t t2)there is a chanae in either the identity or rn�abe�'of inembere of a p��csl�ip:or(3)there is a .'
<br /> ��� pay�ment in the ab�ove si�ona if it is pm�hibtiteci by 1�of the�date of t�h'�s Doe�mf w'I`cu.st.�Benef�darY msy r.�t de�..�
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<br /> li.EN1'1TY WAitltAldT�S AND REPRFSENTATiONS.If 1Yuswr is an endty other than a naNral persoa(such as a
<br /> -- - ootporatioa or other orgamzation).Tcustor makes W Beaefcciery the followiag wanantie4 and representations ahich shall
<br /> ----- be con�muing as long as the Secured Debt remains outstandinH: �t�e'I'cusWr's state of inoo:poratlon (or
<br /> ---�`---- A. T:uswr is an �ry wluch is doly arganized a¢d validly e�is�ng '
<br /> -------- o=ganizatton).Tcustor is in goad swndinS in all'states in wldch 1'custor aransacts busIness.Tcustor has the power
<br /> _ --- s� ��,�iy cc► own the Pmperty and to cercy►on ita busi¢ess as now being aondwxed and, as aPPlicable. is
<br /> quatiSod w do so in each state in wldch Trastor operates.
<br /> --- _- _- _ �u B. Tlte�of Debi�tu+e�atthin the power of�'t'iusWr. have �b dul�y�thorl�alE have�r�eived nll ne�sars►
<br /> _— govemaaentai appmval►aad wiU aot violate any pmvistoa of laa,or order of cxiurt or govemmental agea�Y•
<br /> --_-= C. Other thnn disclosed ia wridng ltustor ht�s not changed its name within the last tea�rears and has not used xay
<br />-- °'"'""",� ��nee�gnd will nt�es�ts eadsHnB name�ua�n mes d fraact�ises uadl�e Secured Debt is s�tieSed. �
<br /> ��`�����i 12.FROPERTY CONDITION, ALTERATIONS AND INSPEC'PION.Tcustor wiU keep the Property in good coaditton
<br />"�;s�t�3�ta �make all repairs that are reason�bly necessary.Trustor will give Bensfici�y pmmpt aotiae of any loss or damage W
<br /> , , the propertyr.Tn�stnr will keep the Pcoperty free of aoxtous weeds and grasses.Ttustor will not initiate.join in or cons�t
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<br /> :,L�=_:__�;;,��. to any change in any private resuictive covenant, zoning ord'mnnce or offier public or private restrtctioa limitin� or
<br /> r*�-�r. , without BeneBciary's prlor wtltten
<br /> `���� deSning the uses which may be made of the Property or auy part of the Property
<br /> ;;;i,;�,��� . . � wnseat. Tnistor will uotify Beaeflciary of all demands, P��ge,clat�n, and acdons against'lYustor or any otlaer
<br /> ,r, ,..,;,�rr� use,ownership and occupancY of�k►e Property.Trusta�w�l o,pmPly witI�atl
<br /> ';','=_s;�:�:�,,.;�.;,.',. OwAer made uudet law oI regulaflon iegardln8
<br /> _ - ,x`;:� .S F 1 1����ts and restrictions,v�hether public or private.with nespect to th�use of tfi�s Prnperty.l'�ti'st6r also agcees
<br /> - '' •.���;rf':� tbat the nature of the occugaacy�ntJ use will not change wtthout Seneflclary's priat cvtitesm mnns�att.
<br /> .:::��+i{�r,r.��Y�.��'ST
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<br /> .:�"..��� `�r' '� No portion of the P,roperly wiil be removed�deuwlished or materielly altered without Heaeflciary's prlor written conseut
<br /> '�'�.�' exoept tbat 1tustor has�the rlght to remove items of personal pmpertS►comPriaiu�8 Part of the Property that beoome wom
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<br /> ' . v I •. .•01883 Bantors blzcume.Ino..SL C�aud.MN 11�800-387•2341! Fam A61C6DTd�lE 10/30/97
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