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200201101 B. All future advances from Beneficiary to Trusto, or other fuure obligations of Trustor to Beneficiary under any promissory note, contract, guar miry , or other evidence of debt executed by Trustor in favor of Beneficiary executed after this Security Instrument whether or not this Security Instrmnenr is specifically mferenced. If more than one person signs this Security Instrument, each Trustor agrees that this Security Instrument will secure all future advances and furore obligations that are given to or incurred by my one or more Trustor, or any one or more Trustor and others. All two re advances and other future obligations arc secured by this Security Instrument coon though ell or part may nut yet be advanced. All future advances and other future obhge[ian., are secured as if made an the date of this Security histmment. Nothing in this Security instrument shall constitute a commitment to make additional or future luaus or advances in my amount. Any such commitment must be agreed to in a separate writing. C. All oblgattowa Trustor owes to Beneficiary, which may later wise, to the extent not prohibited by law, including, but not limited to, liabilities for overdrafts relating to atiy deposit account agreement between Trustor and Beneficiary. D. All additional sums advanced sad expenses incurred by Beneficiary for beaming, preserving or otherwise protecting the Property and its value ard any other sums advanced and expenses incurred by Beneficiary under die terms of this Security Instrument, This Security Instrument will not secure any other debt if Beneficiary fails to give any regiured notice of the right of rescission 5. PAYMENTS. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordwme with the terns of the Secured Debt and this Security Instrument. fi. WARRANTY OF TITLE. Trustor warrants that 'locator is or will be lawfully seized of the estate coeyed by this Security instrument and has the right to irrevocably grand, convey, and sell the Property to Trustee, is trusnvt, with power of sale. Trusm, abut warrants that fire Property is unencumbered, except for encumbrances of record. 7. PRIOR SECURITY INTERESTS. With reared to my other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Trustor agrees: A- To make all payments when due mid to perform or comply with all covenants. B. To pi neWly deliver ft Beneficially G ry any notices that receives from the holder. C. Not tO allow my modification or extension of, nor to request any furore advances Littler any note or agreement secured by the lien document without Beneficiary's prior writhe consent g. CLAIMS AGAINST TITLE. Trustor will pay all tares, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary may require Trustor to provide to Beneficiary topics of all ounces that such wnmints are due and the receipts cvidenciug 'frustar's payment. Trustor will defend title to the Property against any claims that would impair the Gen of this Security Instrument Trustor agrees to assign to Beneficiary, as requested by Beneficiary, any rights, claims or defenses 'Trustor may have against parties who supply labor or materials to maintain or improve the Property. 9. DUE ON SALE OR ENCUMBRANCE. Beneficiary tray, at its option, declare the entire balance of the Secured Debt to be irmnediately due and payable upon the creation of, or contract for the creation of, my lieu, en runbrance, transfer or sale of the Property. This right is subject to the restrictions imposed by federal law (12 C.F.R. Self as applicable. This ctvcmad shall run with the Property and shall remain in effect until the Secured Debt is paid in full mid this Security Instrument is released. 10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Trustor will keep die Property in good condition mid of make all repairs that we ieasonahly nocesslly. Trustor shall not commit or allow my waste, impairment, or deterioration he the Properly. Trustor will keep the Property free of noxious weeds and grasses. Tricolor agrees that the nacre of the occupancy and uxe will not substantially ebange without Beneficiary's prior written consent. Trustor will not permit any charge in any license, restrictive covenant or easement without Beneficiary's prior written consent. Trustor will notify Beneficiary of all demands, proceedings, claims, and actions against Trustor, and of my loss or damage to the Property. Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property at my reasonable dine for the purpose of inspecting the Property. Beneficiary shall give Trustor notice at the time of or before an inspection specifying a reasonable purpose for the inspection Any inspection of the Property shall be entirely for Beneficiary's benefit and Trustor will in no way rely on Beneficiary's inspection. 11. AUTHORITY '1'0 PERFORM. If Trustor fails to perform my duty or my of the covenants contained in this Security Instrument, Beneficiary may, without notice , perform or cause them to he performed- Trustor appoints Beneficiary as attorney in fact to sign Trustor's one or pay my amount necessary for performance. Reneficiary's right to perfoan for Trustor shall not create an obligation m perfoan, and Beneficiary's failure to perform will not preclude Beneficiary Crum exercising any tf Beneficiary's other rights under the law or this Security Instrument. If any construction on the Property is discontinued or not carried on in a reasonable manner, Beneficiary may take all steps necessary to protect Beneficiary's security interest in the Property, including completion office construction 12. ASSIGNMENT OF LEASES AND RENTS. 'Gusto, irrevocably grants, conveys and sell; to Trustee, in trust for the benefit of Beneficiary, as additional security all the right, title and interest in and to my and all existing or future leases, subleases, and my other whiten or verbal agreements for the use and occuprncy of any portion of the Property, including my extensions, renewals, modifications or substitutions of such agreements (all referred to as "Leases ") and tents, issues and profits (all referred to as "Runts "). Trustor will promptly enjoy ndrovii the enefiicia long itas rue midisco tect default under existing mid future Leases. Trustor may collect, receive, the terms of this Security Instrument Trustor acknowledges that this assignment is perfected upon the recording of this Deed of trust and that Beneficiary is entitled to notify any of 'frustor's tenants to make payment of Rents due or to become due to Beneficiary- However, Beneficiary agrees that only on default will Beneficimy notify Trustor and Trustors journal, and make demand that all future Rents be paid directly to Beneficiary. On receiving notice of default, Trustor will endorse and deliver to Beneficiary any payment of Rents in Tiristui s possession and will receive my Rents in trust for Beneficiary mud will not commingle the Rents with my other funds_ Any amounts collected will be applied as provided in this Security instrument 'Trustor warrants that no default exists under the Leases or my applicable landlord/lenmt law. Trustor also agrees to maintain and require my tenant to comply with fire terms of the Leaves and applicable law. 13. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Trustor agrees to comply with the provisions of rely lease if this Security Instrument is Lin a leasehold- If the Property includes a unit in a condominiun or a Alarmed unit development, Truster will perform all of'I'rustor's duties under the covenants, by -laws, or regulafions of the condominium or planned unit development. Q 1999 Bankers $yTems, Inc_, 6L CIO W. MN p�BIIOd B] 29911 Prom RC -0i.NE 10 /Rr IBi LJ� (Pa9L�N�— �Ci65fN� i960e1oI