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Pa .�a�U. �orrowct opioae ta meho atl�aVmonte or�tho eocu�e�(iebt w�an duu, Unlnoo �orm►vor ond londor apruo olharwlao, on <br /> peymonte 4o»dor �ocoivae ttom po��owo�or ot uot�oWe�q bono}It w1i da appI od(iret to �my amaunta Soirowo�o►voa an tho oocurad doG� <br /> a axclueIvo ol interoet or princtpei,eecond to I��toro6t und thon to prinolpal,l pnrtinl propoyniont of tho oocu�od dubt occuro tor any ro�oon, It wil <br /> 1. not roduao ur oxouea eny cchodulad peymant uot�l t�e oecured dobt la pald�n tull. <br /> � . ._ . a.6tilm�Apain�t�tb,Uv►rawo�wlil paY atl teKea,esaoeemont�,and otho�chntd0o att�IbUt0010 to Sho propoity whon dua nnd aml dolon�titlu <br /> � ta Shn prop�,�y e�pai1i�1 any otalma whlch Nrautd Inip�it tho 110{t of thla dood of truot.Landar may ropuiro Bonowor co ao�ign ony rtphto,olclmo ar <br /> - d�t�neqn��ah fiufrewe►tne�►hava opaMst partler�rAo auppqr lttlbM w mata�iats ta improvo a mifintcln tha proportli• .- <br />-� - = - 9.hs:u�tse�. Bonot,rsr tvN!keep tha prop�tty fnauted under tersna neeepfablo to�ender at Aataw�r'a axpansa and far LendaYs honatN.All . __ _ _ <br /> • IneurpnCa po�lcfea ehall Inaludo e otondaid mortnapo cfauso In tavot of 4ondnr.landor wlll 6o nnmad ae(oae payao ar as tho Inaurod on ony auah <br /> -- -;, • irinura�:e potK�r.aq�1qsura�Ga pn►crroaa rna�r ba a�tacl.�;.tithsn 4andiu'a di�uueloe+.to ale�s:ths rastor�tia:�or�ep�ir o t tIN!Q8fi19+j9i1 Rftl�+i�[ty - .. .. _ . <br /> • or to t�►a eocu�od d a bt.Ii I.on dor toquiroe mnr tpmpo nsuranco,Oorrnwa�agroas to ma lnto ln aua h In�uraaao fur oe onp fla Lan dar roquireo. <br /> "'�� 4.Prop�vty�Bor�owur w1li koop tho propotty In pood conditlon ond mnko oll►opairo r0000nobiy nocnaonry. <br /> ._...-.m,---•� <br /> �,� B Exp�na�� 6arrmvor�pr000 to pnY o114andor'o oxponaoa Inatudinp roouonobto uriomoya'tooa,If Borrowor Oroako nny aovannnto in thio duod . . ,. <br /> a�trust or In any abtlpntirn�eoourad by this daod of truat.�orrowor wlll pny thoao amnunto to Londar�n provldod in Covonant 9 ot thfo dood at ,,,,,; ;.: <br /> lru0t. �' <br /> 8.Prlor 8oauritv interexee,Unloae 8or�awa�tirat obtalnu Londor'a writton aonoont, 8o�rowor wlll not mako or pnrm►t ony ohanpun to uny prior " <br /> encurlty intoreaie. Borra�var wlll poHorm all ot Barrowor'o obllpationn undm uny prior martflopo,dnod af truat or othat sucurlty t+proomo�it, � <br /> Inctudinp 8ottowor'e covonaMe tu meka pnymonto whon duo. �•.��'. <br /> t <br /> 7.qs�tAnmtM qf R�nt�end ProH4s.Botro�var oaei�tns to landor tha ronto ond profitn ot tho pTOporty.Untoae Bor�awo►ond Londor hnva oprood �- <br /> `' � � otherw.so In writinp, 8arrowo�may colloot ond rotaln tho ronte us tonp oo Bar�owor lo not in dofoutt. It Borrawor dotoutta,I.ondo�. GOI1d0t�8 � r <br /> agant,or o court oppointod rocolvat may tako poosooelon end munopo tho prapo►ty and colloot tho rnnt�. Any ronte lortdor colloate shail bo . <br /> oppllod Nret to t o coste af_�anaylnn tf�o praporty. Inaludlnn court coeto and nttotnoys' toas, oom Ias one to rpntal aponto, nnd ony othar �� � <br /> neaoeeery relAte�axpanaoe.Tho ramaininp emount ol ranto will thon appty to paymonto on tho aoouro�dabt aa pruvlded In Govonent 1. �. <br /> �_ �,r.,,; <br /> 0.L��nMddop�4nda�u ms1 PiWx»d Untt n+wfopm�nt�.8orrowor eproos{a��pmpty wlth tlle p Lovtalon�pf any te��e If thti deed of t at i�on '� ��.� <br /> •leaiehold.If{hi�deed of ttu�t b on�uNt In�condoml ium ot�plenrt�d pnit tlsvetopment,6orrower wlll psrtorm etl of Borrower�e dutlee ` ��`�" <br /> , , j unds�tM cov�nent�,byt�w�,a��oput�tlons of the condomrnium or planrted unit davetopment. :�. <br /> • � � P. Aut1totttY of L�ntNt to N�fa�o�►awK.�f Qorrow�i fal��to�erbrm any ol9orrower'�duale�ua�ler thl�deeQ of t►uet, Lender msy �`--,_�-- <br /> ' � p�rform 1h�dutta or auiet om to be performe . 4ander m�y eipn orrower e neme or pey eny1�moNnt U o�aeiu►v ior perform�nce. 11 u�y ;;��:, <br /> ��. � oon�tmation an th�croprrty 1�dl�aantinued pr nat om�Ied un In�rea�onrhla msnner,Londor mey do wh�tevar Is noc0000ry fo protoot Lendet'� ,�,_,t-__ <br /> , �ecurlty Intercvit in tRe p�operiy.TAI�m�y lnclud�complstlnp ths oomt��otla�. <br /> . ��-_ <br /> ',�� laodu'�teliun to perform wlll�at prratud���rtd�r tram�xeralslnp tny ot it�othet NphU under tAe hw or thf�daed of tru�t. -- '- <br /> "��z_, <br /> °� � Any�1nount� p�ld by Lendpr taprotpot 4ondu'�tenurity Intero�t will ba eeaurad by thl�Qeed of tru�t.8ua��mount�wln bo dua on demand :��:;;�: <br /> '. I and w�il be�r Iti�terat from the date of the p�yment untll pald In 4uU�t tho intaro�t rota tn e}feot on the teaura debi. <br /> �• •' 90 Q�wrtd AOQMAt�IOQ� If Bo�rower talt� t meke eny paymentv�thon due or breaka any ooven�nt�unde� thl�deed of truet or an1t �• ,:�� <br /> . __.s3 oLl�p�tlan�ecured by thla deed of trust or �nY P►�o�mortp�9e or dead of truet,londer msy eccelara�e t�e m�twtt�r of thq eooured dobt antl =_-__ <br /> ,�'� `:+ demand Immedlata payment end may I�wka the power of tale and eny otho��omedlos parmitted by�pp iae te law. _- <br /> '�`'-`,'- hereto�et l�f eddree ot epahf uoh�peiso feaiyset foNh horoln.�P�oe of tho nadcos of dotault and oelo be sant tn oenh paroon who la a party ,- <br /> ' 12.Pow�r ot BMe.If the lender Invokee the powe�ot sate,tha Truateo aAsll firet reeerd in tRe oNiee af the rogi�ter of desda of oseh eaunty ___ <br /> wiureln tht truat proaertY or somo pe►t or b8rcel thareof le eftuqted a oatlao of doteult contalnlnp the In}ormetion requirad by law.The Tru�tba <br /> . `� ehatl���o msn cop�e�or tne ��atico ot aotautt to the�ot►ower,to oech peroon vrho ia a party i+oroia,emi�o othm p:+rsorro espraucdbed 6y <br /> epplloable lew.Not laas thnn ono month nitor ths Trustea�ocprdo tho�otice of defauR or two man ha il tha trust property la not In any _ <br /> `-''.'�:�; Incorpotated eity or viilape and i�ueed In fa►mInp operatlons oartled on by tho truator,tho t�uatea ehall piva pubtio notiee ot�ote to the per�ooa <br />=- '� �nd in�e m��ner proacdbed by_apppllaebte law.Truatoo,without demend on 8or�owa�,ehall eaU tha proparty et pubtlo auatlon to�he hiflhsat <br /> =';•,i.:;s.�,: bldder.1 raqu rad by tho Farm Momoeteed Proteotlon Aat,T�ustoa e�all otter the propatt�l In tv_uo eeparate ealea ee requked bY eppt oeDte Iaw. ��,- <br /> - Ru�[e�mry posrpor�e aai�ar ali or p�r�ei ai ii►e P�Pom ot Puoiia.nna�inao�,o�n.i mo�iri�o:mf pf�o ai�i P���ri•vi�ow'i��u:�v. <br /> _� lsnd�r or ih de�tonse may purthas�t�is property�i Any�eta. ° — <br /> ti� U n recoipt of s�men1 of the Ice bid,Trwtoe ahatl dolivot to the puroheoar T�u4tee'e dped cornayinq the pro erty,Tho rpcitlets cantat�ed in `" <br />_� _,�� Trustea's daad ihall be prima tao�o evldlonce of�ha truth p1 the atatomopte contalnod thoroln.Truatae 4hat1 applY tAe prpcaada of tt►�a s�lo In tno � <br /> tollowinp order: (ifl t0 811 Oxp0I1809 O}lh0 8A 0, inaiudind, but �ot Iimited ta, reosonable lYuetoa a (eea, �oaeonab�a attorne�t'e oea end <br />:F,,.y.�'�� reinatetoment teos:lb)to ell eumo Qoauted by this doed of truet.and(01 tho batanca,It eny,ta tho paraone IeUnlly antitlad to►eceiw It. <br /> -r--���� 19.Fer�cNwia.At lendor•e option,thie doed of truet mey bo foroclosod In tho mnnnnr provido by epplloabta lew{ar toreclosuto of mort0�0ea <br /> --- �� on ra�l property. <br />�-���' <br /> '' 14.Ins�I on.la der may ente�tho propony to fnapaot it It Londor pivoa Borrowar notice botorohand.Tho�otiae must etoto tho reaooneble -- <br /> ___ - aauae af i Lendar'��napaotion. <br /> � -e�,� 1B.CaW�mnsNoo.8orrowar eealane to tAnder tho toeoede oi ony arvard o►ot�lm tar demag ea oonnootad�NA a eonctemnatlo�or othor taktng — <br /> —�;�� of�II or arty p�rt o1 th6�prpperty,8uoh proceode wIP ba appilod ae provided In Cavanent 1.7h1�eselgnment e eubJeot to the totm�of eny priar <br /> =�� tecurity epreement. _ <br /> �" =-'=! 19.W�tve.By exe�rctainp�ny►omedv evaitobta to Lendar,Londor Aooa not pive ut►any Nghto to lator uao an�r other remedy.By not oxerolel�p - <br /> eny nmoQy upon llorrowar o daiault,Lendar doea not waivu any dpht to later consider tho event a defauh If It heppena apein. � <br />._-: .'.r" — <br /> �-- __. <br />�„�����'*" 17. Jot�l�nd Bev�ni LIa4Nityi Co�lyrn►p Buaaaso�� �nd Aulpns 9aurnf.All duttee undoe thla daod af trust arq jaln!and eaverel. Any ° <br /> - - 9orrowsr who co•�Ip�thli deed of trurt but dAOa not co•alpn the underryIno debl instrumerntel doe� �o only to prant and convay that - - <br /> _,�-_-�"� 9orrowar'�Intaws!dn S�B p►Qpefty t0 1I10 T�Ult00 1lIM8�1h0 t�Of(�Iy10 O}1IIIa�I00d aTtruat.In eddldo�t,o�+oh Y Borrower epreoa that tbe Lander an:l � <br /> -...-�e , dibt whitphau�t thpt�ortoNrerje�connent ond witho�ut relea�ng thet Bo iowa rierom tho tarma oT thi�doed i tru 1:hl�dead t,f trwt or the�eaure9 _ <br /> � ,,� - <br /> �'---�? The dwties ond benetito of thia deed of truat shail bind und banotit tho eu000saora and esalpno at 4ander and Borrowor. - <br />�.�..� • <br />'�°'�'?"" 18.N�tta�.Untosa othcrwita roquirod by laVv,anq notloo to Bonowor aha�i bo pivon by dalivoring it or by�nnl�inp It by cortiflod mofl uddroaaod to - <br /> `' '���•`. ' Bonow@r pt the pro�erty addpros�or any ather atl�reae that Borrowet hae piven to Lender.Qorrowor QII give enyY otico to Lender by certified _.— <br /> :r'� m�tl to 4�nQer'��dOross an �pa 1 of thla deed a trusl,or to any othe►addresa whloh Lennor haa dea natod.An other notice So londo�ahall . <br /> _�=��:m;- <br /> be�ent tp lnndor'e addrase ae�4atod on papa 1 of thie doed of trust. '�_ <br /> :�'_t , Any�atlaa ehall bo daemed to havo haen pivan to Barrawor or LandeT when pivan In the menner etatod ebovo. �,:s''- <br /> '� �.- <br /> s��, :'. 19.T�m�iw of th�P�op�ty o��B�nMcIM 1qt�rat In th�Botvow�r.It all or any pa�t of tha propartv or eny Into�eat In It la sold or trenaferrod <br /> w-{t�hro►�urt�lsnder'e �+rlor wrlt;on conae�, Lentler may domand !mmodiatapa ymont of tha aacutod dobt. Lor�dor may e�ao Aomand immadlate --. <br /> .. dem" end H s�a Barrowaa 1: nai a notur�}pa r.oa asd s bs�iaflal:l latats:t tn tha 8asra�ra: i:sak!at tratss:8ts-ad.t3awsva�, tesGar may not _ <br /> ,ti� . poYmant lo the�bove okuations If It 1�prohlbkad by foderal law as of the dote of thl�deed of trwL _ <br /> Z0.R onv��ana�.When ths oblipatlon�ecured by thlo deod of t►ust h��been paid and l.en�et hao no tunhor oblipatlon to make edvannea ;•:`.'"- <br /> _ undar t��n 1n�trumento o►apr�emente eecurad by thlp deed of tru4L the Truotee ehalf,upon written requaot b the Lendar,��onvay tha truet ���-_°==. <br /> p ti,•.=-- <br /> �-- oblfpitl9n eo eetl�fiod�BoT�row�or�ihall pay eny rocordetlon coi o er'o suaao�oor in Intaresf,the pust desd�nd tXe nnte or other evfdence of the ;�,.�,;-__ <br /> ,�,�.� ;.,Y._c, <br /> •� ' Zt. SYOC�tiOf TfY�tM. Lendor, et Londor's o�tlon, may �emov Tru�too und appoint o su000aeor trusteo by Hrat, mailing a aopy o}tho "'���' <br />�-�_• ?" aubatitutlon of Vuotan os roqulrod by applloeblo ow,and thon,by t�lin t o subotituiion of truotoo fm r000rd in tho o7tico of tho ropiatar of duoda � r;;�' <br /> - of euoh county In which tho trust proparty, ar somo part tharoof,Is s�tuatod.Tho auacoseor trustao, without convoyonoo of tho proporty,oholl _ <br /> , �` ,, . euocooa to oll tho powor,dutioa,authortty ond titlo 01 tho Truetao namod In thn doad of truot and of any suoa0000r truotao. ,. <br /> . , � �: <br /> , , Ipeyo 9 0/?I <br /> - P OANKER9 6VSTEMB,ING.,BT.CLQUD.MN 80301 It•80a901•99N1�OpM pC0.MT6N8 8I10ID1 <br /> .�l,' , - � <br /> . • <br /> � �. <br /> i- ' - _- :��—� <br />