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200205040 B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any promissory note, contract, guaranty, or other evidence of debt existing now or executed after this Deed of Trust whether or or this Deed of Trust is specifically referred to in the evidence of debt. C. All obligations Trustor owes to Beneficiary, which now exist or may later arise, to the extent not prohibited by law, including, but not limited W, liabilities for overdrafts relating to any deposit accoum agreement between Traitor 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 lime, as provided in the Evideacc of Debt. E. 'Trustees performance under the derma of any instrument evidencing a debt by Trustor to Beneficiary and any Decd of Trust securing, guarantying, or otherwise relating to the debt. If more than one person signs this Deed of Trust as Tmstor, each Truster agrees that thia Decd of Trust will secure all future advances and future obligations described above that are given to or incurred by any one or more Traitor, 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 wake any required disclosure about this Deed of Trust or if Beneficiary fails W give any required notice of the right of rescission. 5. PAYMENTS. Truant 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. Trustor covenants that Trustor 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 trust, with power of sale, the Property and warrants that the Property is unencumbered, except for encumbrances of record. 7. CLAIMS AGAINST TITLE. Trustor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rears, 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 I'rustor's payment. Trustor will defend title to the Property against any claims that would impart the lien of this Decd of Trust 'Tmstor agrees to assign to Beneficiary, as requested by Beneficiary, any rights, claims or defenses which 'Trustor may have against parties who supply labor or materials to improve or maintain the Property . g. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of east, 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 make all payments when due and to perform or comply with all covenants. B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder. C. Not to make or permit any modification or extension of, and nut W 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 may, 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 Truster's residence, this section shall be subject to the restrictions imposed by federal law (12 C.P.R. 591), as applicable. For the purposes of this section, the term "Property" also includes any interest to all or any part of the Properly. This inventor shall tun with the Property and shall recoatn in effect until the Secured Debt is paid in full and this Deed of Trial is released. 10. TRANSFER OF AN INTEREST IN TILE GRANTOR. If Trustor is an entity other than a natural person (such as a corporation or other organization), Beneficiary may demand immediate payment if (l) a beneficial interest in Truster 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. Ilowevcq Beneficiary may not demand payment in the above situations if it is prohibited by law as of the dale of this Deed of Trust. 11. ENTITY WARRANTIES AND REPRESENTATIONS. If Trustor is an entity other than a natural person (such as a corporation or other organization), Trustor makes to Beneficiary the following warranties and representations which shall be continuing as long as the Secured Debt remains outstandiag'. A. Trustor is an entity which is duly organized and validly existing in the Trustor's slide of incorporation (or organization). Trustor is in good standing in all states in which Trustor transacts business. Trustor 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 Truster operates. B. The execution, delivery and performance of this Deed of Tmaf by Trustor and the obligation evidenced by the Fvidence of Debt are within the power of I'mutor, have been duly authorized, have received all necessary governmenal approval, and will not violate any provision of law, or order of court or governmental agency. C. Other than disclosed in writing Trustor has nut changed its name within the last tun years and has not used any taker trade or fictitious came. Without Beneficiary's prior written consent, Trustor does not and will not use any other tame and will preserve its existing name, trade names and franchises until the Secured Debt is satisfied. 12. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Trustor will keep the Property in good condition and mike n11 r sirs that are reasonably necessary . Trustor will give Beneficiary prompt notice of any loss or damage to the Property. Truster 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 coverema, 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. Truser will notify Beneficiary of all demands, proceedings, claims, and actions against Trustor or any other owner made under law or regulation regarding use, ownership and occupancy of the Property. Truster will comply with all legal requirements and restrictions, whether public or private, with respect W the use of the Properly. Trustor also agrees that the nature of the occupancy and use will not change without Beneficiary's prior written comcut. No portion of the Property will be removed, demolished or materially altered without Beneficiary's prior written consent except that Toaster has the right W remove items of personsl property comprising a part of the Property that become worn 1),/_ Papa 2 orb �I� n19936anMers3yetema. Inc.5t Ow0. MN Form AGIf, O -DT Nr 3/3Rre,