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<br /> =__` 3.Imw�neo.Eiarawer wIG k+Np ttN jxoparty in�ar�d ur�d�r tsr�ns Accsptahb to Ln�:dqP 8t 8ir�rawe►'e ox��neo ond for Lerulv�'o bennfie.All ���=
<br /> _�,;,;;,,,r-� 7nsusar�ce pollci�e�hai�incM.�le a re�n+iiud rnmtp�a clwa�in favor ot L.�nGr.L�rsd�r wl�M n�ms�D�e fo�c p�ya�or oa tluo Irnu��d on rny aucJh - __
<br /> ... �'q incurar¢R po'Icy.Any t.151:i1lIGO�1P�;Q9l1U iv�s ix+-ajil��:ed,w�thin I.ortl�r'r d'srratinn,t�eitit�� Cho cest�tratlon e►re�!'.Y O}th�d11i1iR�bi1(tfp()L+i'I� -
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<br /> -�� �,PropwCy.Borrow�r will k�p cho pr�pktyln pa�d cond(tian ond mak��B r�p�i�a ra�son�6ly o�casury.
<br /> '-_ B.E��.Bnrrnwar�p re�s tu pry a11l.m�dtr'a ex�inaee,InC!udir�rt�car.abl0 4tia�ilAy��'fea,If Borrower Fxeeka eny cov�nanta In t4!s daeJ _ -_
<br /> -- ot truat or in my ohAip�!bn aor.�red by thta de�7 01 truss.Qoerawe will pay t�b�A ermunM ta Lend�r aa�ovided In Coven�nt 9 of thto ds�d of =-_--
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<br /> -�.�� a.Peiar S�curfiy lmww�a.Uniqes t3ortower thet oGte!ns Lendo�'e wrltten r.ansYtrt,Rer�r�wer vrill a�ot meke o►permit aay chonpes to nny�xlor --__
<br /> --' __ --- e�curiry Intu�ate.enrrQwv wul nerF�rm ell ol Borrower'e obU�tzl�n�undPr any priar mortprqo, daed o} tru�t or othor ser.urlty�areemant, _
<br /> -- inctudinp Boirower'IS cov�rtanr,a to mik�payn�enta when cfuo. -
<br /> _=== 7.Aa�ia►+nr�t ot Mnts c�t�d Pn�ift�,Borrmnrer aaaEpna to l.erxlt�r iho.fenta and prnflU�of Yhe praparty.Unlers Rorrower and I.ander heve aQraed �-
<br /> u�n��.�. OtAMIY�ie In wridnp, �arrawer m�y calk�8�nd rttatn 1Ra reMF Ae lunq�s k3orrowor Is rtot in dateuli.II Barrower defrult�,lender, Lender'e �
<br /> _,u=: ;�„F,,,,,,�,f apen:,er a court a�!nted rscaivx rn�Y aike poIISnar,ton af►d mmape tho property and auflect t4»ronte. Any rento Lertdsr colt�ets thal�be l'?,___'
<br /> - -- eppli�d(irst to th� r_oau qt ina�iaqin}a tho propnKy.tncSudtnA caurt coctt and attorn�ye'fee�,comml�elona to rcnta+l npo�nte, and any otha = _
<br />�--==�^� Mcxinry rot�tsd rxp�nwo.�hu remanlnp amount�f rnMd aiil t1�n appiy to payments cn thQ eecure4 debt ae provldad In covanant 1. E�,�
<br /> � e,��a�i�ai�•�;p1�ru�d lkift p�v�iopr»�ntt.Bnrrovaer e roeo to comply with the proviofon�o!�ny feau If thia dned of truct ta an ��
<br /> ____. -�-a �I���shoW.If tN�deed of truox io ors s uMt In�condominium or e p�amed unit devolopment,Barrow�r wfll pertotm a1f�4�orrower's dwtiee -=_-__
<br /> _ = ur�c:t4.�er.�::�ata.E�-l..�:a,or:epu!_N�:se of th4 ccr�ominle!cn o►pl!�nn�!untt�teveto!±me�t. f��=�-;
<br /> ` ��'��-� 9,AuOariry af LMSdka W Pxtam 1ae Rorrnwre.It Borrower talla to�per!orm eny of Borrowor'� dutiea undet th[9 dned of trust, Lender moy 1•�u��
<br /> _ -_-�.� ccnsir�ct on on�tha property is d:smltinuod or no4 car(od on pn e roa onabl��ianncr,Lcndc�rinoy do vhntov�Isenoco antyLo�F�toct LCnd�t o i��'
<br /> _ „ cacurity fnterect In the proporty.Yh:s may inoluda completing the constructiort.
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<br /> -�=°s�=- L�nd4r's faituro to pe�Form wili not proclude Lender hom exaretsinp eny ot Ite other rt5hte unQor the!aw or thie dood of wat. -
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<br /> J������^,� Any amauM�pald by lsnder to protect Lerx!er'B aecurity interoat wlll bo eecured by thio dead of trust.Such amounto wtil be dua on demend I:.~�:�
<br /> :„�u�n���� ond wlll be�r Interast trom tha date ot the p�yment until qaid in tull et tha tntorest rate in oNecs on the securod debt. �"�
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<br /> 10. Wiwit�nd AccN�ralior►. Ii [iomawor fait9 to meke eny payment when due or brenks eny covenentn unsfer tt�is daod o? trust o► any � {�`
<br /> "'zS$:r' ,� obOgstion secured by thit deed o!trust or ony prior mortgege or deed o}t�u�t, Lender ma�eccelerete tho maturlty of the socured debt end
<br />_ �,Y�'�*'� de��T�nd(mmedi�te�ayment and m�y invoka the pnwer of eate and any oYhor reme�lae permitted by eppliceble law.
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<br /> ���� 11.Rpiw�t to►Modcs o4 Dtf�utt.It is hareby requasted that copiae of tha noticoa oi defeuit and seta be san4 to oach porson who la e party � 4-��
<br />__�.f Y�;��?�=� heroto,at the addrea�of each auch paraon,eo eet forth herein. -
<br /> :,;-�7�;�`;'�;.; 12.PowK of Siie.[1 the Lender invoke�the powor oi eete,the Yruataa shell tlreR recocd In the oNico of the regi&ter of dc+eda of each covnt� �
<br />�-s;a,:`,.,,,,,�,.s•�4 N'.xtefn the vurt property or some pavt or percol thereof ta situsted R notice of defeuit contain�ng the intormetiun required by I9w.Tha Trusioe . •
<br /> =�;.4i�„_7�_. Rhs�atso mail cop9e�ot tM not'sy of def�utt to the Borrovaer,to each person who!s a party hereto,end to other preracas as proacri�ed by ,�•
<br />_,.ti,y _, a��ic�Lfe law. Not kss than ur�e month aftqr the Trustee reccrEs the notice of detault or two monihs if tho wst praFerty is not In any
<br />„__..,'�►?�,�:�i tncorpwatod ciYyw viltage end is usou3ln farmlrtg operatlona csrtieJ on hy the trustor,the frustae ahetl gtve publia natice of en7e to the persons
<br /> _;_=��g�?, end{n tM mann�r prasalbed 6v tiypg�llco�7e law.Truatoe,withc�t demand on Borrower,shall se11 the property at puGlla eucttan to the hlphest
<br /> �--:�,,,-�,.,��, bfddea If�eau(red by the Ferm F'3a�neateed Protect:an Act,Yrustee shatl otfer the property In two soparate snles ae requlred by eppltcablo law.
<br /> _:__."=�-_ � TruoUe may paet�s�srla of alt ot G�7y parcet of tAe{xapelty by publlc announoemant at tha tlme and plece of any prevlously echedutad cals.
<br /> �;;,��,:�;,�� � lendx or its detlgrocs may�wrchaap Rt�e property et any ealo.
<br /> _4=�s::�;?;,,��,� Up¢n race t f�t nf pt�l�meot oi thn Svflcn.blri,�Yruatee shall deliver to the purcheser Trusteo's deed convoying the properry.The recftlets contalned In .
<br />:-.;-_.:�„t?��� T�u s t s e's d n e d 6 h�.1 b e p r t m a t e c'.�e v t d l e n c e o f t h o u u t h o t t he sta tements contelned thoroin. Trustae shell a g pl y tNe p raceeds ot the sala In the
<br /> �"'=-- tolbwlny ordx: (�) to al expe►�aoa of the aete, tncludiny, but aot Ilmltad to, roasonablo Trustno'o foos, roeso�ahto attcrnoWe (eos and
<br /> -�7�73.3.�� rofnet�tom�nt foeo;lb)to�II sums cocured by thfa dend af Vuat,ond(c)tho balanco,ff eny,to tho pereons logally ontltlod to roceive R.
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<br /> _-�,nr�� 13.Fonctowrs.At LendeYs option,thle deed of trust muy ba foreclosed In the menner provide by appOcahlo law tor toreclosuro of martpapos
<br /> --• _.��.-.�. on real proporty.
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<br />-;.�;,:n:_=•g±ea�•j t4. In�p�etlon. Lander may entet the property to Inspeat It ff Landor gfvos Bonower notico boforehand.The notfce must stete the raasonabte
<br />�,�._t:-_J_..� ��3 ceuse for lender'e Inapectlan.
<br /> =F--� ' 16.Cond�tn�Hon.Borrowar assi �e to Lender the procaede of erry awotd or claim for dama�ges conn�atod with o condemnetlon or other taktnp
<br />�'�''I V eeaurfty ayroement the prupe►tyo�uch procoeda wfll be eppliad ae provldad In Covenant 1.This esslflnment la subJoct to the terme of ony prlor
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<br /> ?=-�•��±,_��, 16.W�iv�r.Qy oxorclsinp ony remedy avaflablo to 6.andor,Landor does not gtvo up any dght�to lator uso nn othor romody.�By not oxarclsing
<br /> J,:�r�,:�,��----� ony remedy upon Qorrowar's det:.ult,Lendar dooa nnt waiva any H�ht to lator conaldar tho ovant a dofault If It Kappons aDnin.
<br />°;�1-�✓�'� `� 7T. 9dM�nd S��K�I Lt��y• Cc•�pnerr, &ucc�sson md Aaalpn� Bamd. All dutfas under thls deed of ttust ero�oint and soverul. Any
<br /> -�"'"�"�� Eoraawer who co•aipna thl� doed of 4rust but dooe not co•sign the underlSrInp debt fnstrumentlel doos so only to dre►nt nnd wnvey that
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<br />,:��u+�1i�:;,.,;.•,x;.. Bonouter's fntaront in tim propertyto the Trustoe undor tho terms qf thls deetl of trust.In edcllUon,suah u Borrower opraos thut tho Londor and
<br /> � =�_==�-_•:•`r any othor Bor�awor undar thia daad of Vust m�y oxtond,modl{�or meko ony othor changns In tho torms of thls doed of trust or tho sncured
<br />�-y�?!x."''W'�� dabt without that 8nrrower's consent end wlthout roloasiny that Tlorrowor trom tho torms of thls dood of trust.
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<br /> ._,xh?A�,':'�'•�� Tfro dutleo end 6onefits ot thfs doed of trust shall btnd end bnnefit th�succoseors end aesfgna of Lander und Barcowor.
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<br /> ; Y���,,,:.•�.�c=-�n• 1k1.Nodcr.Unlesa otherwlse requlred by law,eny notica to[iorrowor shatl 6a gfvon by doltvoring ii or by mniling It hy cortifiad mnll addrassod to
<br />"•��'. ;;,'_'�':� � Eorro�ver at the properiy addrose or any dthar add;ese t�et Rorrowor hue plvon to Landar.Be:rowor wfll give nny nottce to Lendor by cortitlad
<br /> �: .° ..� meil to Lt�nder'e eddrn�e on pape 1 of thle deed of trunt,or to eny other e�lslrese whtci�Lender hne deslgnated.Any other notico to Londar shatl
<br />-_�;,';ct�G":��.: ,".+. 1�sent to.Lender's address en steted en page t oi th(s doud of truot.
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<br /> •� w• Any notlr.�chall ba deemed to hove been{�iven to 9orrowor or Londer whon fllvon In tha mennor stmtod nbovo.
<br /> _ ��,',�,;�� �� 19.�P911MtM O�U}L'R'GpNty Of�BHWIICISI I71L�f��t III thq BOi'daYfRP.If all or any port of tho proporcy ar any Intornot in ft 1�cold or transforrad
<br /> �..�� ��•. w7:h.nu2 Lander'�pr�or uv�ltton co�tBnt, Lgnder may Aemand immodlato paymont of tho¢ocurod dobt.Lo�dor may nlso d3mand Immndlnto
<br /> �'��,rsl`;{'-:�"�!, pay:r�ont If the 8arrower Is not anetur�! pe raon end n bonotictpl Interest fn the Barrower le eold or trensterced.Howovor, Lendor mey not
<br />==_x����,,.*,: �� demand payment In the abovo siCUatlons If It la prehlhlted by tednra!luw as of tho duto of thls dood of uuat.
<br /> � �� T0. R�convoyar,so. Whon tho obilpstian cccured by thlo dood of trua!haa boon pnld nnd Londor hn3 no furthar obttgetfon to mako advanL�s I
<br /> " y:�-' undcr tho Inatn::nonto or a rnomontc ccr,urcd by thls dcad of trunt,tho Truatao chatf,upon wtlttan raquo�t by tho Londor,roconvoy tho truct I
<br /> _ _...__._. . .. prc{�arty.Tho Landcsr shell�otivat to tho Dorrowor,or to l3ortowor'o cuaco3sor tn Intarost,tho Uuat do¢d and 4t�o noto or other avidonca at tho ,
<br /> - oblig6tlon eo sut[silad.Oorrowur�hall pay nny racorda:lon conto. (
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<br /> v„ ° cub�itut�loi f trusta oa roquiracJ by�ppllcnblo�Caw,�und tFion,tiy f(ling tho cubstltutl of tru�400 for racuid in tho'oftico of ths ioql3toi of doada
<br /> � � of aach coun4y In wh)ch tho Vus2 proporRy,or c�omo part thorsof,ts situotod.Tho cuccossor trustao, without convayunco of tho property,shall ���`
<br /> " � succeed to all the powor,�tutles,nuthoriry ond tklo of tho Truatoo nmmed fn tho daod of truat and of any euacesaor trastoa. �
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<br />.. ' �� - OANKER9 SVGTEMSJItC.,6T.ClOUD.MN 68301 114360397•13�11 FORM OCP-MTO�NG 0110181 �
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