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<br /> `t�P `sp� Bcar,�wa.9�reos to make aU psYmaf�ts an tt�s saaaed�ebt esF�n due. Unless Banovre:er.d.ten6sr a8r�s athsrl+�rsa anH .3� ,,_ __
<br /> ` ,` � ` . �� DaYm°nta len .t.ta4e��frensBanavlor or far Hartouuafa bartofit will 6a t�yDfted fi.rst to tu►y amowrta Eurrotivet owes�dR tPto�acurcd dsbt ,
<br /> aRC1usP,rs nt�ttr�tor grineipab slaean�Lo irtterasL snd th�rt ta prineipaL t!parifal prepaym�M ot ths Aecufed debt occura for any reasnn,ii wEi! ?-�'�,�� ..
<br /> , `• ��t�duea or�exwsu arry sshad�sd paymimt antii ths saeured 6ebt Is pa3d in tull. - . ' . !2'y�:: �-
<br /> • ' 4 �` 2.C�ai�tta Agatrest TiEe.Borrovvcr wtU pay eil taxes,essessmentg.and othar charges attrih�tabt0 to theptopertl+wt�n Qua aisd w1i doferid tiita _
<br /> to ths praPs�tyr eg ainsi arry cfafi�a LrNt�►vfouid impair tt�e fian of Ws Qeed at trw`-t.lsnQer may requIta Barrawar to asst8n anY iri�rts,ctaIms cs �__� -
<br /> . ` ds�fec�ses vrhich Bnrrower may have agsiln.,^t partias who supFiY I�a:ar matesiats ta IMDrov�et mainislri tha praparty. , _ �
<br /> ` �. ` . -� -`� sim _---_
<br /> 9,4nssuarx*.Botrotrar w:ll keep th9 proyerty ingt�ed under te�ms acceptaLte ta tsn�or at 8orcotivet's oxport^9 end tar Leud�rs ba�t3i'd.AU � �� ��,�� �
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<br /> � instuence polic�as ahap(nstudD a s�►dard mortg�ge cieuse tn 4aver o?Landor.Lendar�viD Aa nemed as fasa payee ar�tf�in:.ured on any such _ -_
<br /> • . � tns�uar,ce poficy.A�ny insuran�protesQs may ba aIIptied.wttl�In Len6ePa Ai.cratlan.4o ehher ths�estafation or repair ot tfie daz+�aFTsd proper[y ����- ._-
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<br /> _.. .. .; --- '...: .•._ . : ot to ths saaued debL{f LendetrCbuUes mort8ago instuance,Bormwer a�eos te m3i[tusfn such trts�uance tar as tong as Eondcr xeau:ras. �� �-
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<br /> � ` �` � � 4.ato�rrry.6orr��ver w's0 kc[ep th�proper4Y in gobd eonditton arr4 m�ke eil reAasrs esasonably nacessitsV• , _ —_ _ - -_�
<br /> 8.Esr�nse�.Borrovfer e m pay 8ti L9nder's sixpensas.[rtctuding reasonebta etromsys'fees,i!Borru�xer Creatig�y eovetiams fin thts dae� -_- -
<br /> • � . ' " of aus�t ar in enlr obfig an secured 6y this Qaad of trtrt.BeROtivar m'�Oal/�e�a�ta Lander ag pcmnde�in Ct�venam 9 at�[s dae4 af _._�
<br /> � . . , ttusL . . � ..
<br /> �� �� - 6.Rr9m S�autty�stuasb.Untesa Borrovror firct nEtatns lertder's vrtitten crsnsent,EortavEr will nat mz4e er permit anY r3ian9a�ta u1y Otinr
<br /> . � , .. �- • ' security intereste.Haaawas vin'if perfortn aU of Honoweta obllgatlons emder any Oriot mortgaga,dee4 eY uwt er ather se�uitV.B`^a0mont. .
<br /> _ . . inefudu�8 B�rmwets cevenarts w make pa}rmer�vuhen dua. � .
<br />: . ' . . . 7.Assi of Rusti 8-�d�rafrts.Borrower assfgns to LenQer tits ra�and proftts oi tRe property.tlniess Borcourer and i.ender have ayreeQ — -
<br /> . , F otAgrwrs�writirtg,8nrtovYer may coQect and re4.in the rents as tong as Borro�Y2r is ctot i.n QateLdL tfi 8nrtoWet dafaults.Eender,tenders
<br /> agern,or a wurt appoUrced receiver may take pos�esst4n and manags tP►e properry and calteet ths tzrRs.Arry�ema Leeder caQeets s4u11 De
<br /> �. i ` eppC�ad fitat m tfia casts at maneging t�e proparty,induding'�urt D��er��th se e aed Q M P��d��$e�a�t��
<br />_ . nacessary retated�cpanses.The remafnmg amount of rords wis
<br /> . , ' ' � 8.Lusehot�a:CandomUd�u�Ptsrwd Unt3�nreSaymenb.Rorrower a�ees w� campiy with the provisions at a�t tease if thls deetl of trust fs cr�
<br /> � a taaseha[d.It tir�s Qeed c+f�rrst is cn a unit in a undominium or a ptanns�wvt devefapmerrt,Borrowe�wal perfarm aU ot Bo[rawafs Qutfes :
<br /> � , :' :. � urtder tf:e cm.�enas�,byd?�.cc r,�gutations of the candominium ot planned unit daveSe�nent . � ,'<<,;
<br /> � � < -� �� 9:Authority e?l.�ider ta t4�'cims fAtr•Br,atosaar•�f Boaovlar faita to�paAorm erry of Borrowar's.Quites undsr this Qeed o4 tnrst,Len��may �
<br /> petform tlse @.cffes ar caustl�:'z�.te.C�;{y�rmed.Lender may stgn B+omfwafs aa�ne o►paY�i►amauat if necessary for perfG€t�r�stcs.It sisY .
<br /> . � ����..: conrntcedan aerti�apropert5t iS d�-.rr�ef,cv not carried an in a reasor�:a.t��.Lender may da wcR�ever in�tes�arf►ta��l:ander'� ,
<br /> • secueiry isrterast in the proparty.'Ct�is��'irdk�Qe compS�Ung tha aortstr�re�is. . .
<br /> . ; . Lendefs failure ta perfarm xc�nnt prectud,�'ronder irom exercising erry a�:*�.�d8his undet tho Iaw ar thts deEd ot Yntst ' . • , � --
<br /> � ' � � My amounts pald by Lemit�rr•*aD protact Lender's sewrity irtterast vin'�be sec(m2d by th13 deed of trusr.S�YeR amounts witl be due andem�►nd
<br /> . � ' and wID Eeat iM6rest irotn:`+a date of tho paymeM a!ntil pafd in fu�l nt th9 irtterest rata in affoct on the seatted dsltG ., t• ' . . .
<br /> � 10.Qafadt cind Accat�a8�f.lf Sorrotiver faita to make�ny paymert+.tfi.en due or breake er�Y'covsnartts under thTs'deed o�s�{�r artg �.
<br /> � obligaUoa�aed by this deed ot trust ar any priat mortgage or deed cg t(u3t,Lertder may acceterete the mawrity of tt�a sa cSt 3t aita � 1
<br /> : � , demand i.-mmd'mto DaYment end may invoke ths power of sa18 and eny c�r!'�r,rem@dles pertnitted Gy appfieabte taw. � —
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<br /> � � 11.Ra�ctst tor No9ce af L'Ei�At.It ia t�erebY reques[ed tAat eapio9 of the aot�ee3 c,�diafautt gnd sate be sent to each pereon_wh�9s^�party . __ -
<br /> ' , '� " ` . dereto,etthe eddress af�act►such person,as sat forth herain. •
<br /> � � � � 12 Pewer e�8at�.lf the Lender imrr.9�g the powar of saie,the Trustea ehaft flrst�ecard in t�e offtca ot the register of deeds ot e�...'�"`.s.eounty � � �
<br /> ' wherein tha�ust property or sam9 p�t c+r prcei thereof is situated a nottce ot defauft eomaining the infermaUon requfred by law.�"Tn�stee _
<br /> • shall aiso m�7 copies of the notice ef diP+'�_tt to the Bortowor.to eseh Gerson who is e party pereto,and w oiher persons es��ed hy —_
<br /> � " , eppSipbta lativ.Not less than ona macrlt►aftor the Truste0 racords tho c�t(ce ot dsteult ar two months if tho truat pragerN E r•cnt in any �-, .
<br /> ' . incorporated city or a'llage and ts use0 tn tarming�peretions cartied on b�:Re uvstor,the�nuteo sha0 ghre public aoUce ot saie ta�ta parsons .°. ,
<br /> • � � " ' and in the manne►prescribedp�apppficablo law.Trustae,withaut demend an Borrawer,shall soU tho proporty atp��lta auctton to the Nghest �;��:--
<br /> •i� � biQdes.I!requhed by the F�c�s►Homestead Protection Act,Trustee shail offer the proparty in two separato safes aS requ?red by epypoabie faw. ��y..�.
<br /> • � Yrustee may postpoa�eals af all or airy pareai of the property by puhlie annoin►cemem at tAe t(ma and plaeo of ersV prevl0usty scheQuted ea1e. �_.
<br /> Lender oe its designeo may purehase the proparty at any sale. , , ' °�
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<br /> ' Upon rece t of payment o!the price btd,Tnastee shall detiver to the p�s�'�ar Trustee's Qaed ccnvey(ng tha DroDe►N•The recWala�a�sained in ,;•'.
<br /> � ' Trustee s�aed ahall be prtma facio evtdienco of tho Lruth ot the statem��s containeB therein.T�ustea ehatl appiy the preceeds of tha sa7e in tha �
<br /> � . foltowing orQer: (a) to ail exyensea oT the sate, lnduding, but not�d to, reasonabte Trustee's t�es, reasonabte staomays fees ans , t"' �
<br /> �• ` , • reinstatemont tee9;(b)to a0 sums secured by this Aeed of trust,and(c)�`�s patance,i!arty,to the persons tegalry errtitiod to receiv8 it. �.,; � 4._
<br /> • 73.Fmodoaun.At LenQe�s option,tfiis dee0 of truat may be foreclosed tn the manner provlde by applicabte law tar:a-:closuro of mortgages � ,i'�
<br /> , � . . on rea)properry•
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<br /> � 14.da .Londat may ontor tho prasr�ty to inspect it(f Lender g:�Sonower notice befoteha�z.1'[se not3ce muss etate tho r,��sonabte .,'�,,��.o�::
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<br /> r'_'. . cause ar Lre.t�er's ins0actlon. .—
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<br /> ' 96.Condemr�fttan.BoROwer essigns to Lender tho�roceeds at any award or claim tor damages connseted with a condemnation or C��e ieking � .,�F�
<br /> �,; � ot atl or arsy part of the prc�eriy.Such proceeda will be eppiied as provided in Covena�1.This assignment la subject to the terms ct arry pNor �=t _
<br /> ,;;ti'�', ' . security agroemcm. . , ,�`�:R. _-
<br /> 18.Watvar.By exercising arry remedy availabte to Lender,Lender does rtcY ghre up any rigMa to later use any ofher remedy.By nc2�z�rcising � � ���_j��~
<br /> , .; any remedy upan Borcower's defauit,Lender does not waive eny dght to�=�c tonsider the ovent a defautt if K happens again. , t - -„rF=-
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<br /> � � 17.Jatrt artd Ssvsraf Lla , Co-algners; Succeuore end Aaslgni BannO. A9 duttaa undor this doed of trust are joint and£.�era)./Any :� }' � �;'
<br /> '� = � � " Borrower who ca-signs this dead ot truat but Qaea not co-sign thB underNin�QeLi:�§VUment(s) does so only to grant and canvey that . � _
<br />,.��,,.' Botrower's ir►torost In ths prapeny to the Trustee under the�,irms of this deeQ o tn:��rcr aAdition,such a Banowor agreea that the Lender artd , � •
<br /> � any o2her Bortower under thia deed of trust may extend,mbdify or make any other d•�9og in the terms of this deed of trust oi the secured
<br /> � ' � dobt witAout that BanowoPe consent and wfthout reloasing that�ortower from the tsr:-g of this deed of trust. � � ,,
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<br /> �„ : TAfl Qutles�!bonoflte af this deed of ta�shatl bind an0 benuilt tAO sux�w.^vxs and assigns of lender and Borrower. : • ' �.
<br /> �� � 98.lJCti�u.Ucltoss offiorwiso�equUCO C�,r�:�a.eny notico to Banower sha7 be g'rven by detivefing it or by maiting it by cerUflad mail a'.rt essed to �
<br /> �, B.ortower ae�e ptoperty aQdross or a r�c.-her address that Botrower ha9 given to lendea Bonowar will give any netice to Lender by certified . .
<br /> . mail to LersE�ar's address cr��aps 1 of Y"�doed of uuat,or to any other addross vfiich Lende►has deslgnated.Arty othor nottco to Wnder ahatl
<br /> � be sern to LanGer's addre�es etetod on C.a.;e 1 of tAls Ear�of trust. �
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<br /> � ' � � Any notica s.'�all be daor..er!tv have bee..^��vsn to Bonower cv Lerd2r K�hen glven In tho manner statad abovo.
<br /> � ` � 19.Trasr_t'2e a!ths Property ar e Bena`.dr�tMerest tn the Barrawer.!f Eil or any pE►t o!the proper�r or eny intorost in it ia sotd o�tr�,r.sterred
<br /> ' '''r`�'` without Ir�*1ar's prior u+n.titen consarrt, londar may damand immoC':�.o paymant ot tho securad debt. LenQer may etso demand immodiato
<br /> � payment It tAo Borrower c�not a natural poraon and a 6eneficiel Intereat in the Borrowar is sofd or transtonod.Howaver. Lender may not •
<br />_ ; _ damand paymont In the alrve aituations if it ts prohibitod by foQoral Ww as ot the data of thts Qeed of Uust.
<br /> � � ' 20.Reeanwy�ne�.Whon tho obligaUon secured by thia dead of trust hns boen patd and LsnQer has no turther obllgaUon to makv advaneas . �
<br /> �, �..•`. . • undet tl�e instrumorrta or ag�comonts secured by tWs deed of trust,the Trustee shalf upon wrltten reQuost by the LenQot,teconvay the trust 4 � .,_
<br /> _. , . �. ptooerty.The Lender shail dotivor to the Bonower,or to Borrower's successur in interest,tho Vusi daad and tho�oto o�othar evidence ot the
<br /> . obiipation so saUstloO.Bonowor sholl pay any racordntlon eosts. � :
<br /> c � ... • 21.Sueeesaar T�ustas. LonQer, at Lendar's o�Uan, muy romovo Trusteo and appoint a suceessor wstas by ilrst, mailing a eopy of tha �
<br /> {. • su6stitution ot trustao ns raquUed Ey apWcobio aw,and thon,by filing th9 substituiion ot trutteo tor record in the oNlco of the tegister of dueda �
<br /> • of oach county in whfeh th0 trust proporiy,or some part therenf,is situated.,Tho suceossor trustoo,without conveyance o!tho property,shatl (
<br /> _ � , suceotM to ait thfl pcwet,duties,authority nn0 titto ot the Trostae named in the deed of Vust and ot any suecessar Vustoe. ; . .. _
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<br /> � OANSERS SYSTE►dS,W C..ST.CLOUD.MN 66301 fl-80039f•43b11 C6AM OCO�MTfLNE 8fl9/91 -----°." "'
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