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<br />B. All future adva..ucs front Beneficiary re Inlstor or other fi roe obfiliadons of 'Irasto; to Beneficiary under any
<br />pmmlisurry note. contracl, guaranty, or other ,,altar, oldcbr cxeculeti by Trustor in favor of lioneficfaty executed
<br />after this Security Instrument whether or not this Security Instr uient is specifically reetenced. If mare than one
<br />pereon signs this Security Instrument. each i onslor agrees that this Semtrity Instrument will secure all future advances
<br />and future obligations that are given to or iacurred�by any one or more Traitor or any one or more Trastor and
<br />others. All future advances and other future obligations are sectu'ed by this Security Instrument even though all el
<br />part may not vet be advumed. All future advances and other future ohli gat ions are seeu;ed as if made on die date of
<br />this Saeuarly Instrument, Nothing in this &xmrity Instrument shall constitute a commitment to make additional or
<br />future closer advances in rry amount Art such commitment must be agreed to in a scparatc writing.
<br />C. All obligations Truster owes to Beneficary, which may later arts, to the extent not pnotubited by law. including. but
<br />nol limited ro liabilities for overdrafts relating m am deposit account eereentenl between lhstor and Ben fficiar}'.
<br />D. All additional win, advanced and cxperoes Incurred by Beneficiary for insuring. prese,ing or otherwise protecting
<br />the Property and its value and any other sums advanced and expenses incurred by Heneficfal under (lie terms of this
<br />Security Instrument.
<br />'Thin Security Insltvment will not secure- any other debt if Beneficiary fails to give any reggPrgd ndlin; 6f tha light of
<br />rescission.
<br />5. PAYMENTS. I raster agrees Thal all payments wider the Secured Debt will be paid when due and in accordance with the
<br />moms eel rlac Scoured Debt and this Security In.sn'umcnL
<br />6. NNARRAN'I Y OF TITLE. I rmstor warrants that Trusror is or will be lawfully seised of the estate conveyed by this
<br />,,tardy Instrument and tons the right to irrevocably grant_ convey. and sell the Property to lYustee, in trust, with power of
<br />sales l i ur,n r also warrants that the Property is unencumbered. except for encumbrances of record_
<br />7. PRIOR Sif :C'U 1dl'I'Y INTERNSTS. Willi regard to any other mettgag, deed of trust. see orIIv agt cartoon I or other lien
<br />document Ihal teentcd a prior security interest or cut it m biance on the Property, Truant all
<br />A_ To make it I l payments when due and to perform or comply with all covenants_
<br />B. I o prompdc dclo. a, to Beneficial v any minces that Ile err receives firm the hold r.
<br />C. Not m allow any modification or extension of, nor to request any future advances under any note or agreement
<br />.amend by the lien document without Benetivary's prior written con,nI.
<br />8. CLAIMS AGAINST "I I TLE. Trusror will pay all taxes, assessments, liens coemabraaces, lease payments, ground rents.
<br />Wolin... and other charges relating to the Property when due. Beneficiary may require fluster to provide to Beneficiary
<br />copies of all notices that such amounts arc due and the reccfprs evidencing lalstor's payment T r rusto "1 11 defend title to
<br />the P,opert, against any claims that would impair the lien of dais Security hrstrwuuiL Trustor agree to assign to
<br />Beneficiary, ax requested by Reneficiary. am rights. claims or defenses Trustor mac hay, against parties ho upply labor
<br />or noderials to maintain or improve lire P;op ax.
<br />9. DUE ON SALE OR ENCUMBRANCE. BencGdary ratio. at its option. declare the entire balance of the Secured Debt to
<br />be immediately due and payahlc upon [lie meation of, or contract for the creation ol: any Gen. encumbrance. transfer or sale
<br />or the Propery_ This Light is subject to the restrictions imposed by federal law 112 (.F.R. 591). as applicable, this
<br />covenant shall ran with the Property and shall remain in effect until the Secured Debt is paid in full and this Security
<br />Insnvmenr is released_
<br />10. PROPERTY C'ONDI'FION, AL'1'ERA'FIONS AND INSPECTION. Tmstor will keep the Property in good condition and
<br />make all pairs that are reasonably necessary. 'Fitt ,hall nor commit or allow any waste. impairment. or deterioration of
<br />the Propcny. Trustor will keep the Properly free of noxious weeds and gra�eu'_ T rotor dance, that the nature of the
<br />r eeupnncy and use will not substantially change without Hen' ficlmy's poor written consent. Trustor will not permit any
<br />chair
<br />,,w in any license- restrictive covenant or casement without Benefcia s prior written consent 77ustol' will notify
<br />Beneficiary of all demands. proceedings. claim: and actions against hostel. and orally loss or damage to the Property.
<br />Beneficiary or Beneficiary s agents may, al Bvneliciar- s option, enter the Property at any rea.sonahle time for the purpose
<br />of inppeni..g the Property. Beneficiary shall give ltustor notice ar the time of or before all inspection specifying, a
<br />masonoble purpose for the inspection, Any inspection of the Properly shall be entirely for Beneficiary's benefit and I rusior
<br />will in no way rely nn Hencficiary's unspccriou.
<br />11. AUTIIORITY '1'0 PERFORM. If Trustor fails to perform any duty or any of the covenants comalned in this Security
<br />IostrwncN. BeneBeiary may, without notice, perform or cause them to be perfomaed. - fraslor appoint' Beneficiary as
<br />allorneN' in fact to sign hirstor's name or pay any amount necessary for pertormance. Beneficiary's right to perform for
<br />I Lasater dholl nil cream an obligation to perform, and Beneficiary's failure to perform will not prcoludc Beneficiary from
<br />exercising rap of Beneficial %s other lights under the law or this Security Inxrrunmnt. If any construchon on the Property is
<br />discontinued or not .viand on in a reasonable manner. BeneCiciwy may take all steps necessary to protect Herchcany's
<br />scrnriIv interest in the Properly, fnclath a,, completion oftire coast ract i on
<br />12. ASSIGNMENT OF LEASES AND RENTS. Trustor irrevocably grants_ conveys and sells to l rustee. in trust to; the
<br />benefit of Beneficiary. as additional security all the right, title and mutest in andf ro, city and all existing or future leases.
<br />subd eases. and any other written or verhd agLeeman is for [lie use and occupancy of any portion of the Property, including
<br />any ext nsfon.. rcnmvmis. modJmations or substitutions of such agrccment (all retorted to ,. 'Lca,cs) and ;cuts. issues
<br />and profits (all Icferred to as Kends')_ Trustor will promptly pi(note Bcnafnciary with true and correct copies of all
<br />existing and fmmrc Lease.. Toaster may collect. reccoc. ellio) and use the Routs so long is I pastor is nor in default under
<br />the terms of this Security hodI menu.
<br />ILast, acknew alge, that thus assi gnnteat us perfected upon Ilie recording of this Deed of (rust and that Beneic far y is
<br />entitled to notify any of llustoa s tenants to make payment of Rcros due or to become due to Beneficiary, liowcver.
<br />Beneficiary agrees that only on default will Beneficiary nosily Trustot and Traslor's tenants and make demand that all
<br />Bute Rears be paid directly to Beneficiary. On receiving notice of dchall, Tru.son will endorse and delivet to Beneficiary
<br />any payment of Rams in trader's possession and will receive any Rents in final for Beneficiary and will not commando the
<br />Rents with any other funds. Any amounts collected will be applied as provided to this Security Instrument. Trustor warrants
<br />that no default c,I,(, under the Leases or any applicable landlord tenant Ian. Truslnr also agrees to maintain and require
<br />any levant to comply with the temps ofthe Leases and'applicehle law.
<br />13. I.NASEHOLDS; CONDOMINIUMS; PLANNED ENI'1' DEVELOPMENTS. Trustor agraos to cempl, Willi the
<br />le"inons of any lease if this Scnniry Instrument is on a leasehold. If the P;opeto includes a unit in a condominium or a
<br />planned unit development, I rustor will perforn all of Toaster', duties under the covenants. by- laves, or regulations of file
<br />condom... it nn or id rallied unit development.
<br />(page 2 D/ J)
<br />(� n994 w"t"SyaanmS, Inc. A QoW, MN 18CCG 9/i3� 1 tom RrDi Nr 10/1T 11
<br />'1165(NE) .rc,,'
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