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2,00;z/4z3J' B. All future advances from Beneficiary to Truster or other future obligations of Trustor to Beneficiary under my 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 referral to in The evidence of debt. C. All Obligations Truster owes to Beneficiary, which now exist or may later arise, to the extent not prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor 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 tams of this Deed of Trust, plus interest at the highest rate in effect, from time to time, as provided in the Evidence of Debt. E. Truant's performance under the terms 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 Trashes, each Trustor 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 Trustor, or any one or more Truster and others. This Deal of Trust will not secure any other debt if Beneficiary fails, with respect to such other debt, to make any required disclosure about this Decd Of Trust or if Beneficiary fails to give any required notice of the right of rescission. 5. PAYMENTS. Truster 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. Truster covenants that Truster is lawfully seized of the estate conveyed by this Deal 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. Truster will pay all taxes, assessments, liars, 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 we due and the receipts evidencing Truster's payment. Trustor will defend title to the Property against any claims that would impair the lien of This Deed of Trust. Trustor 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 my other mortgage, decd 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, Truster agrees: A. TO make all payments when due and to perform or comply with all covenants. B. To promptly deliver to Beneficiary my notices that Truster receives from the holder. C. Not to make or permit any modification or extension of, and not to request or accept my future advances undo my 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 my lien, encumbrance, transfer, or sale, or contract for any of these on the Property. However, if the Property includes Trustor's residence, this section shall be subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. For the purposes of this section, the term "Property" also includes any interest to all or my part of the Property. This covenant shall run wilh 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 INT'ERES'1' IN THE GRANTOR, If Trustor is an entity other than a natural person (such as a corporation or other organization), Beneficiary may demand immediate payment if (I) a beneficial interest in Trustor 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 payment 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 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 lung as the Showed Debt remains outstanding: A. Trustor is an entity which is duly organived and validly existing in the Trustor's state of incorporation (or organization). Trustor is in good standing in all slates 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 an in each state in which Trustor operates. B. The execution, delivery and performance of this Deed of Trust by Trustor and the obligation evidenced by the Evidence of Debt are within The power of Trustor, have been duly authorized, have received all necessary governmental approval, and will not violate my provision of law, or order of court or governmental agency. C. Other than disclosed in writing Truster 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, Trustor does not and will not use my other name 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 make all repairs that are reasonably necessary. Trustor will give Beneficiary prompt notice of any loss or damage to the Properly. Trustor will keep the Property free of noxious weeds and grasses. Trustor 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 wrinni consent. Trustor will notify Beneficiary of all demands, proceedings, claims, and actions against Trustor or my Other owner made under law or regulation regarding use, ownership and occupancy of the Property. Trustor 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 Truster has the right to remove items of personal property comprising a part of the Property [ha b me worn } 6 E��rI,C© 1993 Bmkar Tyrternr. Ino.. St 61ou1 MN Form AG /CODINE 9108001 r (0-Cl 841NE) (0107).02 M