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200209060 B. All future advances from Beneficiary to Trustor or other future obligations of Trustor td' Beneficiary under any promissory note, contract, guaranty, or other evidence of debt existing now or executed after this Deed of Trust whether or not this Deed of Trust is specifically referred to in the evidence of debt. C. All obligations Truster owes to Beneficiary, which Dow exist or may later arise, to the extent not prohibited by law, including, but not litrtted to, liabilities for overdrafts relating to any deposit account agreement between Tmstor and Beneficiary. D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the terms of this Deed of Trust, plus interest at the highest rate in effect, from time to rime, as provided in the Evidence of Debt. E. 'fmsmr's performance under the terms of any instrument evidencing a debt by Trustor to Beneficiary and any Deed of Trust securing, guarantying, or otherwise relating to the debt. If more than one person signs this Deed of Trust as Tmstor, each Tmstor agrees that this Deed of Trust will secure all future advances and future obligations described above that are given to or incurred by any one or more Truster, or any one or more Truster and others. This Deed of Trust will nut secure any other debt if Beneficiary fails, with respect to such other debt, to make any required disclosure about this Deed of Trust or if Beneficiary fails to give any required notice of the right of rescission. 5. PAYMENTS. Tmstor agrees to make all payments on the Secured Debt when due and in accordance with the terms of the Evidence of Debt or this Deed of Trust, 6. WARRANTY OF TITLE. Tmstor covenants that Tmstor is lawfully seized of the estate conveyed by this Deed of Trust and has the right to irrevocably grant, convey and sell to Trustee, in toast, with power of sale, the Property and warrants that the Property is unencumbered, except for encumbrances of record. 7. CLAIMS AGAINST TITLE. Tmstor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary may require Truster to provide to Beneficiary copies of all notices that such amounts are due and the receipts evidencing Toaster's payment Tmstor will defend title to the Property against any claims that would impair the lien of this Deed of Trust. Truster agrees to assign to Beneficiary, as requested by Beneficiary, any rights, claims or defenses which Truster may have against parties who supply labor or materials to improve or maintain the Property. S. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property and that may have priority over this Deed of Trust, Trustor agrees: A. To snake all payments when due and to perform or comply with all covenants. B. To promptly deliver to Beneficiary any notices that Truster receives from the holder. C. Not to make or permit any modification or extension of, and not to request or accept any future advances under any note or agreement secured by, the other mortgage, deed of trust or security agreement unless Beneficiary consents in writing. 9. DUE ON SALE OR ENCUMBRANCE. Beneficiary mey, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of any lien, encumbrance, transfer, or sale, or contract for any of these on the Property. However, if the Property includes Toaster's residence, this section shall be subject to the restrictions imposed by federal law (12 C.F.R. 591), m applicable. For the purposes of this section, the term "Property" also includes any interest to all or any part of the Property. This covenant shall mn with the Property and shall remain in effect until the Secured Debt is paid in full and this Deed of Trust is released. 10. TRANSFER OF AN INTEREST IN THE GRANTOR. If Tmstor is an entity other tharr a natural person (such as a corporation or other organization), Beneficiary may demand immediate payment if (1) a beneficial interest in Tmstor is sold or transferred; (2) there is a change in either the identity or number of members of a partnership; or (3) there is a change in ownership of more than 25 percent of the voting stock of a corporation, However, Beneficiary may not demand payntent in the above situations if it is prohibited by law as of the date of this Deed of Trust. 11. ENTITY WARRANTIES AND REPRESENTATIONS: If Toaster is an entity other than a natural person (such as a corporation or other organization), Tmstor makes to Beneficiary the following warranties and representations which shall be continuing as long as the Secured Debt remains outstanding: A. Truster is an entity which is duly organized and validly existing in the Trustoi s state of incorporation (or organization). Toaster is in good standing in all slates in which Toaster transacts business. Tmstor has the power and authority to own the Property and to carry on its business as now being conducted and, as applicable, is qualified to do so in each state in which Tmstor operates. B. The execution, delivery and performance of this Deed of Trust by Tmstor and the obligation evidenced by the Evidence of Debt are within the power of Toaster, have been duly authorized, have received all necessary governmental approval, and will not violate any provision of law, or order of court or governmental agency. C. Other than disclosed in writing Trustor has not changed its name within the last ten years and has not used any other trade or fictitious name. Without Beneficiary's prior written consent, Truster does not and will not use any other name and will preserve its existing name, trade names and franchises until the Secured Debt is satisfied. 12. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Tmstor will keep the Property in good condition and make all repairs that are reasonably necessary. 'Trustor will give Beneficiary prompt notice of any loss or damage to the Property. Tmstor will keep the Property free of noxious weeds and grasses. Truster will not initiate, join in or consent to any change in any private restrictive covenant, zoning ordinance or other public or private restriction limiting or defining the uses which may be made of the Property or any part of the Property, without Beneficiary's prior written consent. Truster will notify Beneficiary of all demands, proceedings, claims, and actions against Tmstor or any otter owner made under law or regulation regarding use, ownership and occupancy of the Property. Tmstor will comply with all legal requirements and restrictions, whether public or private, with respect to the use of the Property. Trustor also agrees that the nature of the occupancy and use will not change without Beneficiary's prior written consent. No portion of the Property will be removed, demolished or materially altered without Beneficiary's prior written consent except that Trustor has the right to remove items of personal property comprising a part of the Property that become wom �� ®19933anRers 9Yatems,Inc.SC CIOUO , MN FO,m AG /COGIiJE J/6I3001 naaezots