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<br /> � . � 2.G:tx:;a 11�,�:::€f 1l�:a.S'._rro;.�r^.;.°!P"!�!I tF>:ss,astcxem�ntg,and otnta ci►ar�e9 attri�utatl3 to z�n f:r��erty v�i�e:�6�o u�y 4�1;1 G�::.:a t;�:� �;;74r�'
<br /> ,,,,. to tlm proparsy e�qttost any cinin:e wky�stl�ra+ACl IrnAa•r sf,o 1:cj la�r cr nletarla i to�inprav or me'.n1a�i�8 ProF sriy�2S!������� rl�tus,c!nIr!�r n� I,+i`.i�.
<br /> 7'���. . . .. j detan��s Nfilch H�rraw�r may haw sSldrwct pqiM�who cuPp M . . �
<br /> ..� �.t:�_:`-._^. e^rr�:•,e.r v:i'1 h.eo;►tsir��raporty gta�uretl un�G tcnns occ:.•pteU'•n ta Lender nt Eorrouar'0 e�cparsn0 a:x1 far l.nledter"a hanetEt. Ail �}-
<br /> --���.�#.-4,�t_�' Inwranc�W11c��An,+iniui�+nci prais0e moY�be9ippllerl,�withln Linda�dlic�itlon,to e��thsr the iestoraUon�or epef oftc�w�s���:v.iwaY}rM'wL'f �Y� `,
<br /> - .`t--'t I�irur�e�c�po V V
<br /> or to the enctued debt.lt l�nder�dqutres mortpapo inaur�nce,8orrower�pracs to m�lnt�in�uch Iraurance tar�e bng a�f.�ndar r��u re�.
<br /> .���. „'�-.t�='"`-' 4.Prop�t►t.8orrowet will keep the prope�ty In�aad condiUon end meko all ropa�rm roasonebty necoaeery. r�
<br /> - ,•��d�.,-:.aw't�, _
<br /> :.,..,.�. y ..N:,4;,, G.Facpsnaat.Bor�otivar aQree�4o pey eli Len+ier`s exponses.incfuding roasonabit ettorneys'teef,If Borraw�r tx�!:�s eny covemnt�In thie deod -
<br /> . .�.., •c i �� of trwt or In any oblipertion eac�aeQ by thla deed o}truat.Borrowar wf:l pay thosb amounts to l�ender ea provided in Covene�t 4D ot th1�daaQ ai r-
<br /> ... .. y _
<br /> tfUS2. , flof _
<br /> � " g,F►dor S�cudty Intanst�.Untone Borrower firot obtaine Londer'e writton con�ont,Gorrayr�v r�i.!rtot rm_ke er permft any changue to any p _
<br /> In Iudingi8crrawer e covenenta�I o meke peyments�whenedue b��A"tiona under eny pslar mortgege, deed of tru9t ar other security eprtemant, Y• -- _
<br /> 7.Ao�l �nt ot Ro�ts u�d Pratll�•Horrower esal�na to Lendor tho ronte anA proiite ot the proFerty.Untess Elorrowor and Londer have agreed :�__
<br /> �a� otherw so In writing, Bortowar may culluct nnd retaln tha mnta es tonp a��orrowm is not in dafauit.It Horrower defautts,Lendar,Lendor's �-�
<br /> apent, or e couet epQotnted reaeiver me teko posaeaslon ann�d menaBo the proRe�h/and cnlloct the rants. Any rents I.ender callecta shall he
<br /> `� , � oece�asafry reletetaD expensesf The�emeTnit gea ount of�enfe wlll then epp1Y tu P Ym�ta on ihe secured debt as aovided inaCnvenant�any othnr -_
<br /> -- � °•• ?• • ,� 84!101Nef fl�t888 t0 GCtilp1V wfti�the provialone of any fease If this daad of Vust ia on _V�
<br />-- , 8.L��a�holdi•Gondon�tniumr,rr'�ann�ai ticMi 6�vMcry.�-.... _----_-
<br /> e leasehold. It Yr►Is deed of tnmt Is on e unit in a condominium or e plenned unit deve,lopment,Borrower wftl paY•orm:.11 of Eo-ror�er's dut�e4 �t`n,N
<br /> .=T,� ° • under the covonants,bylawa,or regutattons of tho condominium or pianned unit davelopmont. �_
<br /> • peAorm thte dudes oricause them to be parfoemedf Bo�dor�m V isign Bor ow'a name or�pay any amount iF riocosss�f a�pa�f S man ea lf any �?°�-
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<br /> ^ � construcdon on the�►roperty ts discontinued or nat carried un In n roasc;�ab;e m�:�n�v,Lenflar mry do whatevcr Is neCes&ary to protect Lendor's -
<br /> - - - secuiity intcrast In i,�o proporty.Thi�mey InetuCe com�lotinp the cormtruct�on.
<br /> • �'._ry_
<br /> Londe�'s f9itare to periorm wiii not ptecludo Lorsder from exercising eny of Ite other rl3hts un3or tho�ow or thia daod of trust. ''ri'
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<br /> � Any emounte paid by Lender to protoct LerAe:'s security tntereat wfll be secured by this deod of trust.Suah emounte wiU bo due on domand � �`i
<br /> ' and will boar intorest from tho date of tho payrmont untll pnld in fuli at tha Inia�est rate In eNect on the securad debt. - �
<br /> �� .. �y'�
<br /> 10. [latauit �nd Aee�O�retion. It Borrower foila to meka any payment whan due or breake eny covenants under this deed of trust or any '-
<br /> ' obl3patton secur�d by thia daed ot Vust or any prior mortgape or deed of trunL Lender may accoterate the meturity of the socuted debt and ..a�
<br /> demend fmmediate paymont end may Invoke the povwor of 6ate end eny othor�emedies permittod by opplicable lew. ��Q M'Q s�
<br /> - - -- IIt 2!!° !!nt�ces oi deTauii c��d"oai'v uo o�::C'..80^...r_._=•^•°=•-- - - - � :'�`
<br /> 11.R�qwst tar Notico of D�fw7G It is heroby requosiou i:�oi�%i�= r�,
<br /> horoto,et the addresn of each euch person,ns sot fonh haroin.
<br /> �_�._
<br /> whe ein tha trust pro}partyLor somie part ot pnrcel thereof ie�situat d e no4tce�o}idofault ont inln p�hio inf rmatlon roquked by a v}Yhe Ttustee ���rl
<br /> � eroto, and to othar percons as prescribad by �, �,•
<br /> � shall aiso maU copios of the notice of default to the Borrower,M oach persun who la a pnrty h e not t�nny
<br /> appliaah�e law. Not less than or�e month after the Truatee recards tha notica of dafauic, or two months if tho uuut proparty 1 ��
<br /> incarpouted clty or village and is usad in farminfl operetfona carrled on by tfeo wotor,tha Tau�cee Bheli give publia noUce of sate to the persona rs�i •
<br /> bidder.�lf r qutred bpy theiFarmh�omestead Protect onBAct,Trustee shetl offst tha property�in¢wo�sepapete enl s es equlrod by a p�iCeble�law `«`{�
<br /> � Truatee mey poatPone sale o4 efl or eny parcel of the p��operty bV P�b��a ennouncsmont at tho timo and plece ot any prevtously cchedulod sate. r�?'�
<br /> _�; ----_._-__ Lender or fte designee may purchase tha property et eny sale.
<br /> Upon receipt of payment of the price bid,Trusteo shall detivor to tho purchasor Truston's daed convaying the propercy Tiie rec�:�S�cont�lnad in .,.
<br /> � � fotloweing ordntg la) to polimexp�ensea�of tha�eto�Includinph bute�ot limlted�to,�ioasonabto Trusiee sefoasp�ressanahlo attorney ssfoos�ond
<br /> rofnstatoment faos;(b)to oll sums socurad by thla doed of trust,end lc)the 6elanco,(t any,to the persons tepally entitled ta rocofvn it.
<br /> " 19.Forata�u».At LendeYs opiion,this dood of trunt mey bo toreelosad in the mannet provide by epplicnblo lew foe farsalosuro of moRgages
<br /> '�r��'•� on roat propertlr.
<br /> " � 14.Insp�ctlon.Londor may entor the property to inspect it if Lundar pivos Borcower notico boforohond.The noYica must etnte the roasona6lo
<br /> � cawe for Lender's inspoc4ion.
<br /> �' ofollCor any�prt of Bho propuity�Such procoode will�b a�pliod nsYptovided in Covennntet II7his aosignmeni ist subjoct to tAo to ms of eny prior
<br /> <�) socurity egroernort.
<br /> � ' 16.Wvver.sV oxercfaing any romedy avaitnblu to 6onder,Londor doos not pivo up eny righte to intor uso any othor romady.6y not er.ercisinp
<br /> -" any romedy upon Borrower's dofouit,Londor doos not waivo nnY right to later cons�dor the event n dotuult if it heppens apain.
<br /> • 77. Jolni end 6sv�rai Uabl)�',t� Go•atgnon: Succatson �nd Asslpns Baund. All dutios under th(s deed of trust oro►olnt and sovarnl. Any
<br /> �� Borrowor's Inta ost in tho p'toperry to the Tr otoo undor tho tetms of this deed of trustt In�addltiont�such�n Borowoi agraoa that the Londartand
<br /> � nny other Bor�owet undor thfa dand ot wst meV oxtond,modifi►or maka any othor changos in tho torms o}thfa dead of trust or tha secured
<br /> � dobt without'that Borrowar's consont nnd wrtfiout roloosing 4hat�orrowor fram the torme of this dood of trust.
<br /> Tho dutlos ond 6onofita of this dood of trust shell btnd nnd bano4it tho sueeossora and usafpns of Londer nnd Bor�o�vor.
<br /> ' 18.NoUce.Unlosa othorwiso requirod by Iaw,any noUco to Borrowor shal�bo e�von by deli�aring it or by mailfng it by cortifiod maii addrossed to
<br /> ,+:� . dorrowor at tho proporry addrass or any othor addroas 4hnt Borrower has g�ven to Londar.6orrawor will give ony notico to Londor by cortifiod
<br /> mail to londor'e addross on pngo t of tfiis dand of tru3t,or to any othor acldress which Londor hae dosipnatod.Any other notico to Le�der shnll
<br /> '�'' • �� bo sontto londor's addross as ntatod on paga 1 of thla doad of trust.
<br /> Any�ottco ahnit bo doomad to havo boon givon to Borrowor or Londor whon flivon In tha mannor atntad abovo.
<br /> ,,, 19.T�ena4er of the Prop�rtyr or e Beneflclal Irrtersat in the Bonow�r.ff all or any pnrt of tho propurri or nny Interost In it ia sold or transforrod
<br /> poymontL f thor16orro�wer Is not e�natural porson andda bonaficlni int roniAnRtho Bor ower s sodddob tra^stor(od Howovor�Lond°rm,rt ey`not
<br /> �� domand pnymont in tha nbovo sitvotions if it Is proh!bitod by fodoral la�v as of tha dato of thls doed of trust.
<br /> 20. Rocanva�/anee.When tho obtitintion cucurod by ihi3 de¢d of trust hna boon peld, und Lander has no further obligution to make advortcos
<br /> W � undor tho Ina4rumonts or agroamonts r,ocurod by thls dood of truct,tho Trustoo shnll, upon writton reQunnt by tho Londor,roconvoy tho trust
<br /> -- _------��••=--- --- nrenarsv. Thn Londnr shnll dolivor to.tho Bm•rowor,or to Borrowor's succossor fn IMorost,thn trust dood and tho noto or othor ovidonce of tho l
<br /> • --- - -__� _ _ . . ...�____-�-
<br /> . Ob�f(]OtI0t1 80 S8t1SflOd.B67fOWOf 611DIt pey arry roco�vat��n�voaa•
<br /> 21. 3uccessor 4ruatne. londor, ot Londar'e optfon, may ramova Trustuo nnd oppoint n successor trustoa by firat, mailing n copy of tho i
<br /> � substltution ot trustoo aE roquirod by npplieablo law,nnd then,by tiling tho substitution ot trustoa fot rocord in tho offico ot tho reg�star of deods I
<br /> succocd to u11 tho powor tdutioes nuiho ic�ond ii�o ofiho 7rusmo nomod in tho dand of bust end of any�succossorVtruatoo,of tho proporty,shall
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<br /> � ��-� OANXERS 3Y6TEMS,INC.�6T.CIOUD.MN 60301 17-II00•397-'13411 FORM OCPau1TCiNE 61191�J1 �_ ,
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