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<br /> ` � COVF.NANTB �
<br /> ` �, p�rriwelte, Borrowet agrooa to meko ell payman2s on tho soc�ved dobt who�i duo. Unloes Borrowor ond i.ender ogruo otherwioo, nny ••
<br /> • " payrnente Lender recelves hom�8r�rawer a ia Bonowa�'s benetk wiil be anpIisd firot to eny amounts 8orrower owea on the secured de6t
<br /> • exalusive ot InwteM or principahtp�p�to IrttN�t #�d th�n to prinoipel.if partUi prepeytnertt of the eocured debt oacure for any teason,ft wili
<br /> rtot reduce or excuse eny echeduled pay{nN�t,untN�e eecuted debt is patd in fup.
<br /> ' 2.ddm�Aqrdnst Titl�.Borrower will pay eN'tax�s,ataeaamems,end other chargee ettributnbte to the property when due and w(II detend tide
<br />�� • defensei�wh�ohaBa�rtowor may h ve�ep�i;rat partlespewho euppiy tib�r or materiat�i to�Impro�v�inaintalnBhe propettyassign any�iphts,etaima or
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<br /> g,lnsynnc�.Borrovrer will keep the proporty U�u�ucd undor torma sccopm6lo to Londar at Qonower'e oxpenee and for lender's benefit.AII
<br />' " ' Insuranee paUcies shoil inWude a standard mo�ta�ps ciau�s fn favor of Landa.Lender v�ll bs named u losi payee or as the Insured on any auch
<br /> � ' ''�' c�ioihe�a��r�ed de�t�If li�++n+dor f equrossmor�gege Piuisrtce�,eo owei�eore�ei io mitnuen iuch Iesurance tor ss Ior g�ss fl.tender�equlres ropeny .
<br /> ���. .,
<br /> 4.P�roperty.Horcower wlll kesp ths propeny In pood oo�didon and meke ail ropalra raseonably necnasary.
<br /> °''"'� g,ExpMSn,Bottower aBreea to pey etl Lander'e expeneoa tnaiudtnp�paeoneble sttorneys'faoa,if Borrower broaks any covenanu lo this deed
<br /> � • of trust or in arry oblfgaUOa sewred by tfif�deed of truat.�ottower wlit pay the�e emounts to Lender as provided In Covenent 9 ot thb de�d ot
<br /> � °.. �� truet.
<br /> „� .. ., seq��IMens��wer�will pe��orm,il 1oTt8onower s obtlpaU�ons unde�eny ai«mo ioaoe,°deed ot a�a�o othir�iecu�lN npr,im�snt.
<br /> .. tna�udtnp Borrower's eovemnu to make p�yments when due. �'��"-�
<br /> �_��� t 4}g�a�nd proflq.Borrown��stpn�to Lender the ront�end profNs at the prape�tv Untess 8ortower and lendv h�v��pmd .• �
<br /> � otMr In wr�ttnp, Bonower may aoltect s�d roteln the ror►u�s long a�Barrowsr I�not fn detdult. It Borrowar d�t�ult�,L�nd�r,l�nd�r'� .Y� '
<br /> ».� syent,o►e cou�t appolntad�eceiwr ma V t�ks poaueslon nnd man�pe tM propeny md cqileat ths nnts.Any rent�L��d�r colteou�tuil b� •
<br /> __ ,� ,,� e p p l i e d i M�t t o t h s c o s t s o f m�n e p t n� t h 1 p►o p e r t y, t n ot udin p aourt cosu�nd attorn�vw lee�,aommiatbm to nM�l�Q�nt�,and my oM�r 4,•.
<br /> -- neasary�un�d�xp�nsn.TM��m�ninp�mouM ot rent�w i ll t!»n epply to paYmsnte o n•th�s�eun d�M as prov i d�d in Cov�ntn t t.
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<br /> : • a. F . f s Ply�d U�t p�y�l�q 8orrow�r�pr�a to comply with th�provtNons of�ny btt�it tht�de�d of tru�t is on �+"
<br />-;z,,4 � �; •i. .i i�ba�sehoN ldalT thb d��u�t ft on �unit ln a eoadominlum or�planrnd unft div�opm�nt,Borrowsr wiil p��fmm atl ot 8onowePr dutles `•'`
<br /> u�der th�covsn�nt�,byI�ws,or nput�tlaa of ths coridominium or pitnned unit d�vstopmeM. �.;�,-
<br /> ° .:.� :F�y, g.A�d�ip o}L�to p�e(orm fa Qarow�. f Borrower tatl�tope r4orm any ot 8orrowor'a duUes undar this deed of treut, lander mey �K��_
<br /> _ �, � s peAorm t1s�duttes or wua them to bs pertor�.Lender may sipn BoROw�r�rnn»or p�y�mr�mount it nsceaary for pe�form�ncs.U�ny •
<br /> ; < canstruotton on tM property la diaconttnued o►not eanied on tn a roaaonabte manner.lender m�y do whstever is neees�ary to proteat Lencfer'a �,_
<br />'':/ ' seeurity irrtero4t In the proporty.This may hatude compteUnp the consuuodon. ��
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<br />-��, ; '�� Lendar'�f�iture to psriotm w1i1 not pre¢lude Lender hom exereising eny at iU other dphu under the tew or this dasd of uust.
<br /> ^ ".'� H,,. An1r amounu peld by Lender to proteat LendePa seeurity irmmst wfll be seeured by thip deed ot truK.Such amounts wtil be due on demand -�-•-
<br /> , an�wiA bear Intere4t hom the d�te of tho payment until paid in fuU at the 6nereat rete In etfeat on the�ecured debt. ���-�
<br /> '- � �'� 10. DN�uh md AeeNeradon•U Bonower faila to make nny payment whar�due or breaks eny covenants under thia deed oftrust or any �_�
<br />'`,� ^• �`. .. ,°, obtigeUon eecured by this deed of truat or any pnor mortgage or deed of truat. Lender m��Y accete»te tfie metu►ity of the seeured debt antl �
<br /> ,<�,', demand immedlate paymem and mey invoke the power of sa�e end er�y otMr romsdles permittod by applfeebta law.
<br /> s ,�" ,��� '` 11,Rpustt fo�Hotie�of D�fault It is hereby roquested thst wpies of the notices of defauit�nd oale be sem to eaeh person who is a party `
<br /> • •t�" hereto,et ths address ot eaen�uch perean,es�et tonh hereln.
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<br /> tZ,powK of 8N�.It tha Lender invokee the power of�ale,the Truetee ehntl flret rocord in the offtce of the reaiMet of deeds of each county
<br /> _ . ,�-�',� wtrereln the trust property or eome part a parcet thersat is eituated a notico of deteuft cornstnin�the infom�ation requtred by taw.Tfie Tncstee
<br /> � ' shatt eUo m�il eapies of ths notice of dei�ult to the Sortower,W each persan who io e p�rty hereto, end to other paraons aapresaribed by
<br /> .���.�� �•°.��" '�'k'',� eppilc�bte Uw. Not teee than one m�r��fcer the T►unee rocorda tM noUce of de}ault or ewo mo��If tha uust property ie not In my
<br /> '' .'�'r��°'�'� ' incorporated city or viUape and is used tn fuminp cperaUons c�rtied on by the truator,the frustee ehe0 givs publia notice of s fe to the persone
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<br /> _�,;,; ,:.:�� .� and In the menner preowlbed bv appplic+bte tsw.Trustee,without demand on Borrovrer, shslt saQ the property at Wblio au on to ths highe�t
<br /> r��. 4.,;.: �'` !, bEdde�.If�quired by the Farm Homestead Protsatton Aat,Truatee sheit oNer the proper�y In two separate seisa a�equtrnd by eppilaabtp tew.
<br /> :,_:�,,,��;„ y Yrustae may poatpone eate of el�or eny percet of the properiy by pubila ennouneement et t1w tims end piaee of ufy prevfoutly�ahsdutea saN.
<br /> _ + . • Lender or i4e desipnee mey purchaes the propertY at any tsie.
<br /> `''='-��'��I�� U n reae!pt of p�YmeM of�pdce bid,Truatee sheli det(ver to the purchaaer Truetee's deed eonveyIno ths proparty.The�eelUeis eontafned in
<br /> _.-:��';.:..r_c►,.-�'� �'.� Tryetee��deed ahall be piima tacle evidienae of the truth of t!►e statement�contained therein.Truatoi�heil apply the proceeds of the eale in tM
<br /> -..�;- k`� tallowinp order: (d to atl expensea of ths oele, Ineiuding, but not Ilmited to, roaanaWe Trurtee'e feea, ►eeaanable eKOmey'e feea and
<br /> -����'°}"'�.� �elnstnemant feea;lb)to ett sums seaured by this deed of truat,and to)tM belance,if my,to the per�ons IepaUy eMlded to recetve tt.
<br /> .��=--n„_�__�,8.
<br /> - r'"=,��`�,� 13.Farklown.At Lender's option,tht�deed of trust meY be forea�oaed In ihe mermer�ovide by appttcabte tew for taeolosure of mortgsp�s
<br /> :.��*;�R on reel property. -
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<br /> _�_ "�:�i�' �4, pue�ntbn UsMer may eMer the property to Inapeat k if Lender gives Sonower notiee beforehend.Tha notice muat etete the roasonebte
<br /> -__ --= eausefor Lender'�tnspeatlon.
<br /> ~-� �d,CondMn�atlon.Borrower a�stqna so Lender the proaeede uf eny swerd or elsim for dsm�qe�conneeted with s aondemnetton or oihsr aking
<br /> .-i..l'������, of s.i ar any psrt of the property.Such proceeds wlll be eppiled aa provided in CoveneM 1.Thie eulpnment is aubjeet to the term4 of any prfor
<br /> --�- securiry aproement.
<br /> =��'� �g,W��.By exereiainp any remodY arai�abte to Lende►,Lender does not qtve up�eny Nphte to later uae any other remsdy.By not szerctsi�
<br /> =°'•,;,'.��.�� any remedy upon BottoweYe deteuR,Lender doe4 nut watve any rtght to Ieter eonsider the event a defnuit If it heppens apaln. _ _-
<br /> _�-- �� 97. ,}� �nd 8ws�at tio4Gi�y. Co-s{grwra: Suaoaaao►a mtd Aeat�a Ba.�.All dutiee under thls deed of truet aro]oint and s�veral. Any � --
<br /> '����7i, 8orrowor who caaipm this deed ot trwt but aoea not co-e�pn 3he undeHvino debt intnumeMts)doea so onty to y�ant ��xt convey that
<br /> .��:r.�'��"!�,,='.�: Bor►o�(er•s Intereit tn the property to Zfie Tntetee under the terma of this deed oftrun.In eddltion,suoA e Bortower aprees that the Lender end __
<br /> __;.,�..��r;�%i '� ... a�+�I o t n e r 8 o n o w e r u n d e r�h i s d e e d ot Uuat m e y extend,modt(y or meke sny other chenGes In the temns oi thle deed of Vust or the oecured ____
<br /> _ �v ;�;� debt wit}�out that 8oaower s coneem and wkhout re�eeeinp thet Borcower 6om the tarma o t ih t e doe d o t trust.
<br /> ��=*v~'���';•'�': ;�,° The dudea and beneflts of Mb deed of truat ahali Dind ond benefk the succeasora end usipns of Lender and Bortower. --
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<br /> -����;,.�.•,� '��^� 78.NoBa�.Untess otherw�se raquired by kw.anY notice to Bonower shell be piven by deUvqrinp it or by mailing k by a�ertiflod meH addreued to _�.._
<br /> -'�?�=R' ��: 8arrower at ths DropertY address or an other aotlf�ress thst Bortower hae 0iven to Lender.Borrower wlil qive er►y nonce to Lender by�ertNied __
<br /> , ,�� • b�e iseM to L�ende�e addrois as stated�p Se�1 of Mta daed of�ua�her aEdroee whtch Lender hea deelpnated.Any other aotice to Ler�der aAatl �.•_
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<br /> - • qny nodce chalt be dsemsd to have 6sen ptven to Bonowe►or Londer when gtren h+tho manner stated above. ��,
<br /> > � �+ � rty �_�
<br /> 78.Tnnst�r ot tM PrcWrtY u►�e�n�tidd�^bnK�n tM Barrow�r.It eli o� eny part ot the prope ebt any interoet In k ts Boid or Vanfferred -;��:
<br /> • 'i` : wtthout Lender'e prlor writc�en conse�t,Lender may demand Immedlate poyment ot the seeured d Lender may atao demend immedlate
<br /> • � peymont it the Borrower la not e naturd peraon ertd a benetieinl Intereat tn tho Barowor is eotd or tranaferred. Howover,lender mey not
<br /> •, demend peyment in tho abovo akuetiona If k is prohibkod by federai lew ee of tho dete of thla dead o}truat.
<br /> • ��•au Z0. R�convsy�na�.4Vhen the obllgation socured by this deed ot trust has been patd and lender hea no turthor obllgation to mako advancea
<br /> ��<<'� under the instrumente or e reaments secured by thie daed o}uuat,4he Trustae eha�ctppn v�rcitten request by the Lender,�oconvey tho trust
<br /> -� ���-- --_---- ._ ___ _ Q_u.Y.�•a.�n.........�. ...�..O.v.wu.n.•�mu.nnnc�v In Int�rsnf.fhn iruat daBd 8t1d th8 note or other evldence ot the
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<br /> " Obl 88H0�180 86tI8fl8d.Bortowor ahaP pay any reaordadon coats. ,�
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<br /> •• �1. Suacasm Tru�tN. Lender, at Lender's optbn, may ramovo Tnistee and� oppant a suacosaor trusteo by firet, ma111ng e copy o 0
<br /> ' � - � � subetltutlon of truetee as required by appNoable law,and then,by fllin�the substitution of trustee tor record in the ofNce of tho registor ot deeda
<br /> � suacee�d to ail the power tdutlasoutho�end tit�e oftehe Trus�t�ee�named In the deed of truet endaof eny succ�as�sor Vustee of the property,ehell
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<br /> � � j. BANKERB 6YBTEMB.INC.,8T.C10U0,MN E030111d00387•4S4t1 iOAM OCP•MfbNH 8N91B1
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