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<br /> �.��` COVENANTB t47.5"� �Od�nl;� •-
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<br /> 1, paym�ntt. Bcrmwer egrses :s mecho oN payme�ite on tha sec��red debt wleer► dus. Ut1t08a RpttOWAf UM1d lOR 0f Qgt00 Ot BNJI86, any �
<br /> ' �''�s paymer+to LsnAer recelves ham Barra�ver or for 8orrower's bertefit vatli be epplled itret to any�mounri Banowet owes an the saaured debt �;_:
<br /> ' exctuaiva of IMere�t or prinalpit,aecond to intete�t,and then to prinolRal.it partiat prepeyment of tha eoeured debt oaeurs 40►any�eason,ft wlli ti
<br /> � • j+.�- not reduce or exeu:s any seheduled paymant uMit the securod 6ebt,t�patd IR futt. R
<br />'��+.: t.�«,� . �:.�:
<br /> 2.Cbims Ap�inat TtB�.Bonower wilt psy eti taxes,a�sessmsnt�,en0 atMr Cfierps�attributeble to thepropnrty whe�due and will detenG ttNe
<br /> ` to ths praperty a�p�in�t any clnim�whtoh woutd impdr tM 1�s o1 dNQ,of tnut.Under may nquin eonow�r to�alpn eny riphta,clatm�ar ��,
<br /> q�'�"�,f detensea whleh eorrower may have agatn�t partlss w(1o,supp�y)��or mmrfals M improre o�mitM�in ths p►apsrty. Y-
<br /> -�':�x_, ' 3.{n�urac►co.i7oaowar wiU ko�p tho proporty in.,urod undar torma ecceptnbk to LenAer at Borrower's expense end for Lender's bene(It.All
<br />:;.�_�;�-����' insur�ncs po�lobs shsU inctuda s standud mort4�Qe�alauN in hvor of LerM�r.Lend�r will b�namM��tow payee or n tM Insured on my suct� �_
<br /> � � ' o�to�U�ie se�cand debt�If�l.re�nd�pequif ei�mortyepe IraurencWeit eo awsi�aproes o melnUtn�ctiM�ur,�r►ce�f i ii tonp u LiM�ss�iiqued��roperty
<br /> 3��1 �{,prqpKty.Bonawer will keep ths propeny fn pood condkton and mike aN�epNrs reanonabty�aess�ry. v
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<br /> --�!; 8.6�nsa.Bortowsr eIIresa to pqY stl Lender's expsntes tnoludtnp reasonable ettomsys'fss�,lf Bonowsr bro�tu any covanmt�1�thl�ds�d f--
<br />----,�::•; ;�.,_ ot truat or In any obllgatton Qeeured Dy thfs deed oi trust.�onower witl p�y these�moanu co L�nder as provlded tn Covemnt 8 of MIt deed at �;
<br /> '�' . uust. °_
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<br />�- -_:,�,. e,prlot 6�tor�sa.Unlsss 8onawer flrst obt�im I.�nda'�wrlttsn eonesr+t,doaower wlq not m�ke or p�rmlt any chenpn to�ny pdor �_
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<br /> :�;7,;r��„ , o�cwlry fntet� Bonow�r wIQ perform all ot Bonow�r's obAp�tlons undsr any prlor mortp�p�, dad of uust or otMr tecurlty �pretm�nt. --
<br />� _�_� Includtnp Bottower s covensm�to m�k�pWnnr�vrheo dw.
<br />=_�+.-`•f. 7���re�t ot p�ntt�nd profitt,Borjow�r a��ipnt to Lrnd�r tM�mt�and protiU of th�prap�rty Unbs�8onow�r md L�odu hav�qtud
<br />-���f'` o r�e fn wrlting, 8ottow�r m�y col�at�nd ntotn thr ants+�i onp�e Borrow�r b not In deiiuh. If earrowar d•f�uta, Lmd�r, ntt�t•
<br />�T�� �pmt,or a oourt�ppointsd r�a�lv�r m� t�k�poswsslon and mm+���tAs poprrty md�pIkot tM�nnto.An ante Lsnd�r colbaq thtlt D�
<br /> -=�°�'"� niei�s�ia�ryilrtad i�in�iii�Tho ri�maTNip,mo�unt o,f iin�Udwul tM�AP�V o P Ym�nUMOn tTM�iea4uiio�,btii�o id��ln�oin�iM�1�y otM► _
<br /> �'""���°"�� t.����t Can��mi P1w�d Unitp�y���p Bonown paras to compty wftb tM pwlibm ot�ny i���e If tiilo ct�d ot truat la on °
<br /> v`�`'s�``'��� •Ntp�qtd,tf thls d�sd of tru�t U on a unit(n�c"ondomtpIum or�plannsd unk diwtoprtnnt,Bortorvar wlll pMorm dl of 8anow�r's dutl��
<br /> �v.--'�; und�r ths eown�ntt,byd�vvi,o►�spulatbn�of th�cor�domintum or plinrnd untt dwsbpm�nt.
<br /> '�='�=�_?.°_.�"�,� 8.Authafry of L«WK tq Pwtotm fw tarowa.If Bnnower fatls to�perfo�m any of Bortow�r'� duttes and�r thls daai ot truui,LuiM2et raay —
<br /> p�rfam tM dutl�s o�c�usr th�m to b�pKtormsd.LendN nn�y stpn Bortower's nsms a psy my �mouM it nece�s�ry fa perform�ncs.It any
<br /> - d eon�truatlon on ths Moperty It dlacontlnu�d or eot aarrted on tn s rasomble manner,L.�nd�r nuy do wh�tever Is mc�a�ry to aot�at L+nd�r'�
<br />="�...�'��'M� sewrity iMUeat In the property.Thb m�y inctud�compbUnp tM aonatruadon. -
<br /> .._��� Lender's tafNu�to putorm wIA rwt pecluds�ender from�xerctdnp�ny ot its other rlphta undsr ths I�w or thls d�sd of truat
<br /> r��i���?� and wUt�beirsU ureit irom�is date�of�e piyment un�Ul patd U full i��I��rabte tn sHea�t ai th seasr d debt unts wlp be dus on domand
<br /> "'�� 10.D�t�ult a�d AecM�watlon. If Bortowsr faUa to mske any paymeM when due ar bro�ka�ny eovensMe under thfs desd of trua a my
<br /> �"�.—�� domand immedlm piy�ment a�nd may in oka��p�sr�ofrtesate and seiy�oU�ier r�emsd st idpermltted by eppliab mavtv.��of tlK+ secursd d�bt�nd
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<br /> - ���3' hereto��e s�ddNre�u ea h��penon�aeyse toerdi d�eln,coples of ths ootleat of deftutt�nd ale De ar►t to e�ch parson who n a psny °
<br />`�'��'?�� 1Z.Powu of 8w.If ths Lender Invakes the powsr of�ate,the 7�ustee�hs0 fint reaord fn tM offlee of tfis reptsUr oi deaq�af eaoh eoumy
<br />_�;�,� wM�efin ths tr+iat propeRy or sorta part or puc�l theroof Is situetM a ooUce ot defeuk acntsfNnp the informatfon nqulrad by��w.TM TruttN
<br /> •h�ll at�o melt copl�s of tM noties of default to tbe 8onower, to each psraon who Is a party 1►meto,and to othe�peraans af1xete►ibed by
<br /> _=--=+� appllwWi I�w. Not Iesn than or»monM atter ths Tru�teo roepM�the ootfae of dehul�or two moMhs M the truet propsrty 1� n�t In my
<br /> ______=-� incorporatad city or vlll�ps�nd Is used In hrmfnp opersa�tebsns oarcted on by tho pustor,ths Tn.rstee sh�tl plvs publto�otics ot eate w tM persons
<br /> — ��da.t�f rpuNed�by ths FirmbHOmsiteid��Mootlon Aot,T�nee iha 1 H�r tlie a perr�t y�In�two�sep�am w sa ai requE d by,�tl�bN�1�
<br /> in�d�i�oi hi d s�nn maY purahe�is�tfi�Yi a perty n y�ia�,�bV publio mnouncement�t tbs Ume md ptac�of�ny prwtousty��t�d ab.
<br /> ��� Upon racelpt ot p�ymem of the p�tce bld,Truetee�hatl deUver to the purchaser Tnratee's deed conwylnB the prop�rcy.Ths rocHl�te eor�ulned ln
<br />____ _ �iutUS'�deed�hall be prime taetsavtdlenos of the mrth of the stateme�aontelned thsrsln.Trustu�stwll apply ths proae�ds of ths�ek in ths
<br /> _�_ ��leftMe m feei��lb)to aU iu�ms secufred�yb thta�deed of�bust,�and tat 1 Nmiehb�tsnce,M a y 6to UTis pe oni tspatly e��ed�ettomse�teee and
<br /> — 18.Fanotawn•A�Lender'�opttan,thls dsed ot wst m�y be foreatosad in the menner provtd�by�pptloabN law for foreclaau►e of marcp�i
<br /> --_—' on nal p'oPertll•
<br /> � 14�I�p�yon Lender may eMer the property to Inepeot k if lender glvea Sonower mti�s b�toraMnd.Ths notlee muat ttate ths roaaoq�bl�
<br /> � aaws of r Lendsr's insp�atlon. �
<br /> 14,Cp�@an,Bortowsr��ttpns to Lemder thetxocesdo of any�ward or alalm tor darru�Oa connsetsd wltfi a aondemnKlon ar other taktt�0
<br /> - of dl or�ny paR of the property.Such proaeeds wlll be appllad e�provlded In Covenuit 1.Thu�alpnment u aubJeot to ths terms ot aml prior
<br /> --__�.� seaultyagreement.
<br /> 16.Walwr.ey exaretstng ern�medy sv II�DIe to Lender.Lender doei not plve u�any Hphts to later uas ar►y other remedy.By not oKmclslnp
<br /> __�� any remsdy upon 8orrower'a sutt.Le�sr doas not wNve eml�1pht to�ater cons der ths event a E�fauft If ft h�ppsrti apatn.
<br /> »,��r�d g�wrr Wb�t�rs Co.stp�rs= guceuson end Aalpns Bound. All duttes unde�thU deed of trun are Jolnt and �ewrrel. AnY
<br />_--"- - ° Bortower who co�ipm thb deed of trust but doeo �wt aasipn N�e u�erlyEr�debt inotrumerttlo) dooa ao anW to Brant tnd eomn�that -
<br /> BQnower'�tMereit in ths propsrty to the Tru�tee under the terms of th(t ssd o tnt�t.ln�ddltlon,wah a Bonower epreea tAct ths leaed�r and
<br />-�:'�"��—� eny otAer 8onower under�AI�deed of uuat may extend,modt(�er make�ny othe�•ahanQSS tn the term�ot thfs deed nf trust or the acursd
<br /> --- debt wtthout th�t Borrowar�conssM and without roleatlnp that Eonowu hom the terms of thu deed of tru�t.
<br /> -=`--� The dutleE end Esnefiri af thls deed ot wat ehatl bind and benefR ths weceseon�nd autpns of Lender and Borrowe�.
<br /> -__-- -� 1@�Notla.Untes�otherwlae roquhed by Iew,eny notlee to Borcower atult be glven by doltverinp i�t or by matunp ft by cer4iflnd matl addretsad to
<br /> `��'� 8orrowpr at the prooerq►addrass or anY�other eddress that Borrowet hn plven to lenda.Horroww wIU pive am►notice to Lend�r by ee�Ufhd --
<br /> -'�.�� mell to lander't addrou on paps 1 of ttut deM of truat,a m er►y omer eddroas which Lender has destpneted.Any other nottce to Lander sh�U -
<br />_=s��;�; be eent to Lender'�eddroa as st�ted on pepe 1 0!thls deed M trust.
<br /> -��.:;,� Any notlae ehetl be deemed to heve been given to Borcower or Lender when gNon In the mumer atated aEove. _
<br /> =��'-'�'�'�',� 19.TrorwiK of 1M P�opKtY or a Bu�11dr hitan�t In ttN Borrow�r.If�1i or sny par#of the p�oaarN or any i�erest In�It sotd cr tr�nthrt�d
<br /> `-:�2�';-.��. ur(thout Lender'� pricr wrltten conseM, lendsr mey demand immodiate payment o the seaued debt. Lende►msy a�o tGm�nd Imm�dE� _
<br /> " r,�i peyment H the Borrower Is not a nnturnl penon end a benefteial Eertoroet in the @ortower it sotd or tranNerted. Mowevas,lender may not
<br /> , . •�� demand p�yment tn the ebove�ftuetlana(f it la prohlblte0 by tederat lew as of tho d�to of this detd of uust.
<br /> . �0.Roaonwyanc�.Whon the obllgetlon aecured by tNe deed of uust hae been pald and Lander has no furthor obllgntlon to make e�vancos =-
<br /> undet the InsVUments or r omente secured by this deed ot truat, the Truetee ehelf,upon written request by the Lender, ruconvey t o truat =
<br /> . �.�..w��c.....,.•w a...�Wa.....re 9errnwnr•n auccnasor te tnmreat tho vust deed and the note or othor evFdence of the -
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<br /> °�"" . oh�atlon so ietisfled.Bottower ehetl pay any recordatlon costo. �
<br />__;�ya�.'� Z1. 8uae�otor TntstN. Lender, at Lendor's option, meY remove Trustoe end eppolM e succeoeor trustee by flret, matiing e copy of the �
<br /> .�.� subatltutton of truetee as�equtred by eppllaable iew,and then,bY flllng the eubatltuuon of trusue for recrord In the oftlee ot the reglster af deeds j
<br />`_i�'�;= ��k�.,'�; af eech county In whfch the truat property,or eome part thereof,Ia eftueted.The eucaeesor trustee,wkhout comreyenae of tho properiy,ahett �
<br /> aueoeed to ntI the power,dudea,authority and tkle of the Truatoe nemed tn the dood of truet nnd of ony suoceasor trustee.
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<br /> = y--��'� dANKERB 8Y8TEM8.WC..Bt.CLOIA.MN 68301 N�SOOJ87•15411 fGI1M OCP�NITtiNE 0J18191
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