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<br />— -- /. raynw+b. tlarotvK opr4ll to m�k yntur►tf on Yhe ascurod doht When d���. Uniru!*xrower a+scl l�ndw a{Maa ctiu��+�r.s�. �r,}•
<br /> _---- qr florrowM'�b�tN4it will b� �ppdird fkc4 ta ony�mount�P.c:rowa aww�on tfr� �ssxu�d cis4t ---.
<br /> � ix�oF MtiM��M PPMiMY��:�: pt,rnd tften Ro ptinCh+�.If Qact�l pr�p�tylm�rit oY tM�odX�d�4t oettrs tor.r�Y t4MOr+,it wi1
<br /> nat rW��a1 a�w��Y���R�=� th�a�rod d�bt M p�Id in iuN.
<br /> �;y��a��.� ssrN�un�nb.Mid cithx ch�rpis�ttributebin to tt�p��pKtY whM dw�r�d wiN dNN+d tfei�
<br /> 2.COb11�A�M �iv� �
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<br /> tl�at�rrir(w�t�ifc�h orruw�msy haw�p�ilnst�pr�ti�i�wNn sup�ply lebo�r a�iiiNi�fr�wo �or mN�iM6th«i pruP�Y����,c��
<br /> _ - �. M�wanK.8arow�r wfN kwp th�Dr�Y fnwr�d w�d�r twnH wticsptatrN to L�ncMr�t 8orrowa'��xR+�s�and for i�rwi+r'r��..t�,. ' �= _
<br /> frnux�P�+�M sM1 k►elud�s nand�rd mo►tp�p�e�wu ke fwor of L.�ndK.LMwf�wiM Fw nam�d�s low palrw or oe tM kru�d a:Msy M+ol+
<br /> — Irn+�rx.�pnlicY•Any kwur�cs proa�l+tt1�y b��pIM�1.w1t►�L�'i disa�tan,to�IdMr tM rs�taraticn a ap�fr of tM dxn�q�d prop+►tY
<br /> Of t0 tIM RCIrOd�ht�1i U�1dM��4Yk��MOTtO�W��ou��ws•8�rrovnr aprwe ta mdnt�fn wch Fnwr�nu for u bnp a�UrbK rpuir�.
<br /> _�..or� �{,/repartY.Bur�ww wid kMp tM propKty M yond ca�ditlon�nd m�k�MI r�p�ka nwon�WY r»ea��eV.
<br /> 6,ExpMwM_Borrcw�r�pna�ta psY�II Lerb�r'a�xpe�s�i insiudin0 r�awn�bN attorr�y�'t�e�.If RorrowK bro�ks any cownxrta In ttiFt dad
<br /> _ —__� of true2 ar in iny o�19+tion nwrW Ey ih(s d�ed of trwt.�orrow�r wiN pW tMN amaxK�to L�nd�r at pcovfd�d in Coven�it 8 of thi�dwd of _
<br /> _ Vuet.
<br /> 6,Ma i�eu�ity k►oorMq.Unl�s�Borrowsr tlrst oWatns Lsnd�r'�wrkten coneent,BorrowK will not mak�a p�rmk�1y ch�npn to�ny p►ior
<br /> secuity IM«�aitt�.Borroww�will pKtorm eN bf Borrow�Yt oblipatbns und�r�ny prior mortq�,dNd of tru�t a otfiet ucuritY e�o�n�t�
<br /> � trtciudinp 6otrav�'s cownants to make paym�nt�when dua.
<br /> - �, of R�net�nd PrqAt�.Barow�r�ulpna to L�ndsr tM r�nY��nd peefit�of tl»propety.Untet�Borrow�r s+�d L�rxIK harw prwd
<br /> - � ath�rw in wrciHnO, Borrowrr may coNect an�1 rstaYf th���nts n br�y u Borrovwr is not in d�fwlt.It Barowu dsfautt�. Und�r,L�r�'�
<br /> �n, or�court eppolnt�d rseNvM m• t�ks pos�suk�n�tnnpd man�p�dw proP�t1Y arid colNcx tlN�e►U.Arry�nnu 6�rxNc colNet�shiM 6�
<br /> op�d fkst to th� eat��of manap��a�unt of rent�i w911 cUNn I�ppN to p)ment%n•Ctfw�aecu�r�dibt°i p ovfdod(n Cownintdl,ny otMr
<br /> —� r.�se�y rc!e+�!erT!n�!a.The�
<br /> _� s�la�Re+txikt.1r t� ds�of uu3i I��a�a�aft i���s�.em!�m v"�+�"�"�untt�voflo.o,t net�nt�Botia�w�er wlll�p�rtormiil�hof d8o�rrowii s�dutbi _ __
<br /> -=- .�,� �mder tM covamnta,byfavra,or repul�Uonr of the cflndominlum or plsnr.ad un1Y davelapment. _
<br />__—°-� °_.
<br /> 9.Autlw�ky of L�nd�r to Pa�fam for B�xcowK•�f BNrowsr fefts to perform my of Qortow�r'�dutte�u�xlor thl�daed o9 trust. Lendx may
<br /> perform ths dutk�or cause them to ba perMrmad.Lender msy sqn Borrowar'e name w p�y eny ama�nt If ntces�nry fa psrtormance.If any
<br /> ��' � i�c�xity Interint In�th��op��tytl?hlinmey Includa compN�itln�q�tho co antt�uctbnmanner,Lander may do whatever IS nece�sa�r to protect Lsnder'� _
<br /> _=
<br />.__ .,___s._ = !.��.r!t••iuN..��nwrfnrm wllt nat oreclude Lender from exerclstnfl eny of Itd other dghte urxl�r tt»lew ar thls deed of uuat. _
<br /> �'�'�"��� Any rmouM�peW by Lander to protect Lender'�security Interoat wfI! be secured by thia deed of Yruat.Sur.h smountn wlll be due on demend
<br /> __;`o�`� �nd wlll t�w Intwsat irom tM d�te of the p�yment untll pefd In full ot Ytve(ntaro�t rete In eNect an the sec��rsd debt.
<br /> � 10.D�hult�nd A.ccMKatlon. If Bortower fails to make any payment when due or bresks any covenents under th�� dead uf trutt or enY __
<br /> ,�pa� obllpatian sec�nd by thl�dead of�rut�4r eny prbr mortp+�ge or deed of truat, Lencler may accelerate the msturlty cf the tecund debt and
<br /> _ ___ _h� ��y.�_�t���.�.:.����_�..�w nnu.n�e+i u1�ancl�ny othnr remedlee petmltted by eppl1S�ble lew.
<br />'"�^'�.�:•' 11,R�quat for Notko ot Wfaiit. It Is here6y reque�ted that copha nf the not�cea of detault end sate be sent to eech person who Is e party
<br />''�7!;, H.' hereto,at the eddrear of each such penon,as set forth heroln.
<br />��'=�. ', ,� 72.Powa of SY�.I}the Lendsr Invokes the gower ot aele, the Truatee shall Hret rocord In tho office of the replster af de�di o4 e�ch counry
<br /> ��. whenln tt»truet property or come p�rt or parcel thereof Ie aftuated o natice of delault contalnln0 the InformeUon�equlred by lauv.The Trustee
<br /> ->�y - sh�ll also m�ll eopte�of the notice of defautt to the Dorrower, to eaeh pareon who Is e perty heroto,end to otAer persans�s e�erfbed by
<br /> ,, ,�,_: x not In eny
<br /> eppiicabb law. Not I�te tl�m one month efter tha Trustee record�the natice of default, or two montha if the trurt propeny
<br />� i�corporabr�ctty or vlllaye�nd I�ua�d in fuminp o�matlons cercled on by Me uustor,the Trustee aheU plva publlc notice�f saN to tta persqns
<br /> _��; end In the m�nner pre:cri6ad 6Y opppHcaWe lew.Trustae,wh�out demend on 8orrower,shsll seU the property et publta auctlon to the hl�haet
<br /> bldder.It requfred by the Farm Nomeeteed RotecNon Act,Trusteo�hall otter the property in two eep�rste sales aa requlred by applia�ble IaH. �
<br /> =;`�_.iT�`��r� Tru�Me may po�tpone�ale of all or eny parcel of the praperty by publlo ennouncement et tho tlme and plRCe of any prevfously scheduled sele. �j'•_
<br /> `-���,,,� Lendar or iu dstlpnee mey purchese the property et any seln.
<br /> �'�-:.::
<br />-"-` y, -, '9 Upon recelpt ot psYment oi the prlce hld.Trustee eha11 delWer ta thn pwchaaer Truatee'e deed conveylng the property.The roak:a{a contetoed In '�'_
<br />=�°_t�,� y 7ruitee'e tleW�hell ba prlma facfe evldlence of the 2ruth of the stetemente contained thereln.Trusteo shall epply the Rroceeda of the eale In t�o -
<br /> '•�;M�� � folbwinp ardar: (e) to all exponsei of the sele, Including, 6ut not Ilmtted to, reasonabte Trustee's toes, roaaonable ettorney's fees ond �t.
<br /> �"„�;���, retnstatement feea; (b)to e!I suma secured Dy thla deed of truat,and(c)the balance,if any,to the persona legelly entltted to recefve It. �:.
<br /> ..,�.,
<br /> -��'�`'=�`� on reFa�ro���.At Lender'e optlon,�hts deed of trust mey be toreclosod tn the manner provldo by eppllcable law for foroclosuro of mortgages ^+
<br /> «�•.: . P PurtV•
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<br />�v� 14.Insp�cUon.Lender mey entor the property to Inapect It It Lender glves Borrower notice boforohand.Tho notfce muat etats the reasonable
<br /> _;;�; caute for LeMer's inspeotion. ����
<br />`'"."`''Y 18.Condom�Won.Dorrower aaslg�ns to Lende►the proceeds oi nny eward or claim far damag es connectod wlth a condomnatfon or other taking '+`''
<br /> �s of ell or eny part of the property.5uch procoode wlll be applfed as provlded In Covenant 1.This asslgnment Is subJect to the torme of eny Qrlor ;;i.
<br /> �; ,, securlty apreement.
<br /> _. . A
<br />:.� =•, 98.Waiva.By exerclsing any remady uvallable to Londer,Lender does not 8ive up eny rlghte to leter uso anV othar romody. By not oxarcisinfl
<br /> ,..,±.• uny remedy upan Borrower's deteult,Lender daes not walve eny rlght to later coreslder the event e deteult If it happens agafn. '
<br /> '"j'" 17.Joiot I�d Stv�rr LI�hNity Co•tlpn�n; &ucc�ssora�nd Aalpnp Bound. All dutfes under thls dond of trust are jolnt end soveral. Any
<br /> -->w••: �k Borrower who co•signu thle deed of truat but doea not co•slgn the undodyIng dobt fnstrumont(s1 doos so only to flrent and convey thet
<br /> ,: p;' Borrower's lnterest In the property to tha Trustee undor the terms o}thls deed of vuat.In addltlon,such a Borrower ngroos that the Londer end
<br /> ���.���: � w eny other Botrowet under thla doed of tru9t mny e�ctend,modlfy or meke eny other chengae In thb terma of thls deod o}truat or the socured •�.�
<br /> debt wlthout thnt Borrower's consent and wfthout relensing that Bonower from the torma of thls d5ed of trust.
<br /> = a-;�i�'' '�� The dutleo and boneflts of thl�Geed of trust shall bind and benofit tho sutcassore and esslgns ot Lendar end 8orrower.
<br /> _ _.�,�,e�_�.;.f
<br /> 18.Notk�.Unlea�ot�erwiae►equired by law,ony notice to Borrowar shell be piven by dellvering It or by melling it by cortifind moil eddrossod to
<br /> � � '��'"� Borrower et tt►e Uroperty eddreas or any othor eddross that Borrower has 9iven to Londer.Hotrower will plva any nottc�to Londor by cortifled
<br /> ��`'�' �.�4 � mell to Lender'e eddrese an paye 1 of thfe deed of truaL or to any other uddroso whlch Lender haa doslgnatod.Any othor notico to Londer shall
<br /> °S� '' bo eent to Lender'a eddrose ee stated on pego 1 of thls deed of trust.
<br />:;:1.'.,.. -�i,
<br />,„ Any notice�hall be deemed to hevo Aeen glve�i to Dorrower or Lendor whan ptvan In tho mannor etatod above.
<br /> . ` ,i�-.�
<br /> _ ;- �;, 1A.Tren�t�r of th�Prop�rty or�B�n�Aci�!tttteut In th�Ba►owe. If ell or e�y part of tho propoKy or m�y Iniorest tn It Is eold or transfosrod
<br /> •. .. wlthout Lender'e prlor w►Itten consent, Lendor mny demend immadiata paymont of tho aecured dobt. Londor may aloo demand Immodiato
<br /> �� • ,-�,���j; peyment it the Borrower ia not e natural porson and e bonoficlal Intorost In the Borrowor Is aold or tranaterrod. Howuvor,Londor moy not
<br /> demend payment In the ebove ettuatlons If it fs prohlblted by foderel law es of tho date of thls deed of truat. �
<br /> c`. .= i i+��. Z..�'�q.�'i:y:w�c.�'.,Wl�en he.�b�;o.�or�uad hv btYils d�n°deof uustu thn Ttustue shnal. ut�n wltten ru4uest by�thebLo der_iec n oy ttho tru,at �_
<br /> •'--�--°"- • � _ . .. .._
<br /> „�t:.ur••.° propeny.The Lender shell�etiver io tho[iorcowor, or to Borrower'a succossor in Intorost,tho trust daoa eno tno noto or omer e�denca of mv I -
<br /> obllpatlon so setfcfiod.Borrower shnll pay ony rocordetton coste.
<br /> ' '' 21. Suec�s�w Truit�e. Lendar, at Londor'a option, may rerv�ove T►ustee end eppoint e eucCassar trustoe by flrst, mailing e copy of tho �
<br /> � • subetEtutlon of vustee ns requlrod by appllcable lew,end thon,bY tittng tho eubstitutlon oi truatoe tflr record In tho oitico ot the rogtator of doods �
<br /> � � ot each countV In wlNch tho trust property,or some part tharent,la situeted.Tho successor trusteo,without convoy�nco of tho proporty, shnit
<br /> � � succeed to alt tho powor,dutlos,nuthority end tftle of tho Trustee nemed tn tho doed of truet end of ony successor trustoe. .
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<br />�r�f;��:-�.:,�'`�1, � BJWKEf186VSTEM9JNC..6T.CLOVD.MN 6a70/It•d00�191$9�71 FOIIM OCP-MTQHE 6/18181 _ I
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