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<br /> Bartok+rmr eWaes to mak6 all paymonte on ths� socurud dabt �rAsn duo. Unt�ss BOttOL'lEl BFi� L875tI8i CQlGO OU19MfIS9. any _ ( r :"y{4>•`:,�
<br /> 1. PaYt�nts• ;�'':,-�• -. �
<br /> , psymarrt�Lendar receives ftom Bartowcer or fcr 6arrawer's Eeneft w10 be ayyund f�st to aaY unnu�a B��oLfcr owes an ti���curad debt ., ,���,�.,11;�.;�_
<br /> e�ccius(va of Intsns4 w princiDal.senand to irttsro?L and ttun to Pn�atDat•tf partlal�eAaY+nent of ths see�ued dsiat oeeure tar any reason,it MrID .,��, �r •z�a-_�_..
<br /> rtot ceduea ar cucwas eny�cimdwed paymarR un�f tha eacured dett is D�1d in fuU. _: ;:..,+�'�.=.�r•
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<br /> �Ya����r.4�1...—.
<br /> 2.C{�trna A�..�t�a.Bsxroaenr vdfl GaY tl�t�x�b�ss��sm�s�ti.u�d other cfiargea am�DutaMs to tAeprope►tY whan dus and wiD detar:d ti�te `;.�;.�� ';�:z-�,=.,=:�,;i�'.-
<br /> to t2w Drc�ttyapatrat en11 efatsr,9�vtltch Hrouid fmpatr tt►�6en of tlsls daad of vust.l,ender msy requ�s Barrow�r to assl0n anY�•elaima or ... ,
<br /> r? datanses whECt�Bo�rowu maY AD'�QSisinst pathaa wtto suPPil+tabor or maasiate m(mprovs or m�ir�taln the proDertY. �. �:<r:_:�"�-_
<br /> 9.tnfru�cm.BcnoLla�wifi keo�tha prafl:.�tV�'ed unQcr termu aceepubb ta LenCu st 8nrrowar's exOnnse ar.d inr LendeYa 6anefit.Ati j` _� .' .:. ;,...,,'�Y
<br /> inswence pofiein�sdw11 Inciuds e a�dud�ortgaSa ctanaa!+�fsv�of tas�dsr.lendsr r=iII be namad es tass paVee ar as the Gssured on alry sueh , "^,._,� •;._ • --
<br /> ayp:i�d.�Jfthin LanQ»r'o diaaottan,to otther tfne reat�taUon or ropcitr of ths damaged property `�f ` ' '"�-' -_
<br /> ins�cranee pc3eV•�l,-►y ina�uuancs Dracaadamay 60 '
<br /> _ �m���r�d�Dt,if Letu3ar roqukw mert8n8s�ntwance,Barcower agreea tn matrttaln auch[rtswanee for as leng ea Lender requtras. .
<br />-•` 4.Pro�mtW Bono�ver will kea�the PsaDer�y►in good cand3Uon and mske all reprJra raasanaLty nacossary. •:�'�� • '-���.
<br /> am � ;: .: � • " '
<br /> � 6.E�staa-Bortower agrees to pay all Lenders exAer�sea inctud'vip reasanabin etmmays'feas.if Bortower brenks uty cavenan�s tn thts dead . :.: �' ;. ..--_ :�.^� .
<br /> � of trust er In any abliQaNa+�aaeufas by Uda Qeed o4 trust�¢rrower wUl pay tfieae amounta to Lander as provtdsd in Covenant 8 of Ws daed ot . ,.. A,: .`. ; ,.
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<br /> �L� iw,�-_�-*s,s�,�...
<br /> 6,p�gu�ity k�srs.Uniess Barrower fitat oDtains lenda�s vrritten eonaertt,Bocrower wiU not make or pertnit any Manges to anyr prtcr :,,� ;�.,. :
<br /> bQC�ity�es�, gnRpytirer wf11 qerform ail of Banowe�s ob�igatians unQer eny prior mnrtgape, dead ot trust o�othar sedirityr agreemeirt. ,p: ��`'_T��c;;..:.:'
<br />. ir�tudi.'�0¢crrowa'e covenants to make payments whon du0. :;z.- _.T�. '%t''y, •�
<br /> � 7. a!Rasfs�nd P4rafits.Bortower assiyna to lender the rents and profits af tha p�opmN.Untess Barrowar and Lender have agreed ...r,:°- i
<br />• s(n wrRing,BoROwer maY��18�����in the rerrts as tony as Barrower is not in detautt.It Bcrrowar daiaults, Lender,Lander's ; _
<br />� agent,or e eourt a�Aointed recatvel may takv P�ession and manage tl�e proyereY and caltect the rensa.Any renta lender eollaeis shall be �=,=-'"
<br /> appUad first fa the eoste ot managing the p�opeRY. includtng eoaut eoats e�sd atta►neYS�Tees•commks►ons to rental egents, and any other • .
<br /> nacessary rolated enpensea.The�maintng amourtt of rerns will tlien appty to paymeras on the seaued debt as provldsd tn Covenant 1. "�Md`^�'.�_�_
<br /> ..�lv::
<br /> S.I.�asrhoic�:Condo�r�:Piwi�d Urit Bsu�:r�ss.BoROwa► to eam ty wht►the Provisloru of any teaa�if tnis Qasd of trust ts an . � �
<br />' s Faasetwid.tf tAls dned�titust is on s���is��trd�u m�pta��irnft dsve[�opio�pm�eRt.Borrawer will perParm aii of Bnrroater's Qutfea :,. -
<br /> urtdar t!�eaven�,by�W agu�tiO __ e_ ���s_ -
<br /> ' 9.���y ot��edr m partorm{or Bonoww.If Bartower fatls toy erfarm any of Barrowafs d u d a s u n d a r tl�t s►dae d a t w s L�R d e r m a y _�,�� ,�x��. .�'�
<br /> p e r f e rt n t h�Q u t M S or e�use them to ba pertormeQ.Let�er msy atprt BerroweYs nams or p�Y anY amount H tieGSUCry 4er performanca.If erty ,
<br /> ; .
<br /> sew�rfty�in u�r s�s t t�n t h e p rop�e►t Y-�T h i�a m y�i n c�N d a tc.ro m p s U n 9lho�xins�s�an m a n n a T.L o n d e t m a y d o v u h e t e v e r t s n e c e s a a ry l�P iotect lsn�te�s -- _
<br /> ••.:• Lender's fs(hue m perform wi0 noi prechide Lendet irom»xRrdstng enY of ins other rights wder th�s t�ar this dead af vust -:-2 .. _-
<br /> ' qny amouriis paid Ey Lender w Drotect L+anQar's seciuity tMerest wiil be securad Ry ttds deed of tn�'�Suct�amaunts wfD be due on demae�d - ;�_�
<br /> tu
<br /> � and wID bear itrterest from the date of the paVment until paid in hdl at the irterest tata tn ef[ect on the secured detn. �•�-:<
<br /> . 10.O�ta�te�d AoeM�raBon-If Sortowar fanla to m�ke any Palrmerrt when d�re er�.mx.ts eny eovenas►ts undar thia deed of vust or any -�.. ;:-:i.::
<br /> � dem�an�d G,^su�DfiR►�e d end maywin�vake ffie pnuvor5ol�sats and any4�rtr eme�t(�"%i..i���Pia�ti�fe ts�w.��of the sewred debi nn0 f •..� �
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<br /> ":?:�:,' 11.Rsqurst for IVawe�01�It�s hereby requestad that eopies at;^m rtofieas eY�fa°k ar.d baya he sent to each psraon who is�PaRy
<br /> - Mrato,at the address af each aueh pe�on,ao set tartfl herein. ,���t� '�;
<br />'•�'` .,' 12,Voyu�r ot Sfi�,If 4ha tande►invokea ffie power of cc':e,the Trustee shalf first racord(n tfte off:co of tAe ropister ot deeds o!saeh eoartY � �± �S
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<br /> M�eroln the trust ptopsrty or some pert or parcel thereof is eiwatad a rtotico of defsutt cantaininD the informstlon requirad bY taw.The Tnist :�;�F'_;_
<br /> �.�, sha0 dso r.u+�copiea of the notico of dafault to the Bortqwer,to ead�per6on who ta s party here:�,anA to ofhor persans�sp��.��y j , f s :�
<br /> epptitab'e�sw.[�iot��sc than ano mattti�a`tat ths Truite�racards L'ra noti�s of default w two c�anths if th�tntst property�o
<br /> .,��,,., �ncapor�ratY or viltsge and is ua�d L��nin9 oper�tlons cartiad��ths Vustot.tlts fruatee sQSdi�e V�et no��c�c2fan o 6�OCa�o t�iigt�st -r,t+ •
<br /> �nd In tRe.�nnar Onseri6ed by epp���w.TN�B•����'�Q1d on Borrowe r.sh ali eali tlsa propereY P�11
<br /> piQd�r.lt cs�.frad by the Fum Hemes'+�.�P+'otectton A K 7rustes ahati ofitar ths D�oDenY in two separete saies es�a�uk�bV�heih�ttad sNa. . � . ...j
<br /> T�mz���ostpone saie of ali a ecry pucet of dm�erty bY P�bttc enno�ne°rt�t at tM dm°and plaea of any pra ustY -
<br /> ` Lsnder or E��stgt�ee may v�sa��r����►&°la.
<br />`i� , � U n ree�2 af psymertt of Me prlca Dt3.Trustee aha0 deliver to the purcfiaser Trustea's deed canvsYin�tfi�e proparty.Ths rocWals canUined 1n S . �
<br /> ' TN tss',dead�ha0 pe pr(ma facie avirtiarres of ths wU►of ths statemertts conteined tlwrain.Trwtss sh�U appiy tl»procaeda of the eafa in ttw -
<br /> _-- foi�owi�sp araim: f+� i9 8R 6niw�ia'v: vf�'� s�. Rr�d:s�i. Dut r�i Lmfted to. r�seenaAtn 7russee•a feas. reuon�te momeYs t�e� an0 _ - _
<br /> � •nGutatemsM t�ss:lD)w o0 cums secured by thb daad of trust,and tc)the Dalane�,if eny,to tha parsans faQaltY enttttad tv roeaivo[U
<br /> � 73.fawdaiu�e.At Len6ePs optlon,tfiis daed ot trust r.:ay be farectased tn tha manner provide Dy appiicable law for toreGosiue a?rnnrtgsgas { �
<br /> .. �on roal prope�ty. �� `.—Y.�
<br /> � 14.tis�atloa.LanG�mry�rrter tf►s Bm�nrtN w(napact it it LenQor 8tvea Bonowsr noflce 6efotehand.TM noUc�must atate ttvt�vasonaDie �-_. -- ___ .
<br /> � cwss ro�Lender's Insp�ctton. r'�'�'�''""^'�`
<br /> ��.�..--..w�....�..
<br /> ' ' �g,Cot�6�w9o�e.Borrower oualgna te O.aadar thepraceeda oi any a�a:J cr cislm tor d�ma es connscta�wifh s condamn�tion�e�a►ttldnq ��_�u,
<br /> � ot NI or any put of tM prop�RY.8ueh�ceBdQ wN�E�aDDliad aa pra�'.3�d in Cavenarn 1.'Rita ar.�!pnmsnt ts subioct qo tto term���ertv v��► �,;...
<br /> •ec�ufht+�4t�unern. ��'''y,,,�..�,�,'�_
<br /> 78.Vifa�r�r.BY exercisinp eriY remedv ave7able to Lender,Lender dnea not ptve up�.�v rfphta to t�ter uso any other remedy.61r not e�cercisinp �—.- ___
<br /> any ram�dy upon Borrower'c QeteulL Zende�doos not wniva ecry right t0later conatder the evarrt a data�ilt if it hWp�ns apain. : ��:��=—•=
<br /> 1�..foint and Sawral L1�b�bQl:Co�stp�s: Sucsawn and Aas�ia(9aund.All dutle�under this deed of truat sro joint and asv�rai. My �"':--":� _
<br /> Bortowe wtw oc-si�s this ed o!tric�t but daea not co-sipn ttr�::nduArin9 d�tt�nswment(i) doss so onty to grant aM wnwy thit �°-
<br /> Bwraune'e lnteroat In the prapertfr to the�►tr:tw under the termtys ot thia daed af vust.ln addition such a Bortowar aprea9 that titis I.�M�r end � _. .
<br /> �1r otA�r Bortowa und�r thts d�sd uf Vuat m�y�xteM,madi or meke arty othar ehanpea in trie termo of this�daed ot trust or ths aeeurad __ ,
<br /> Ewt witlwut tAat Bortaw�ra conseM and w9thcut reteasfnp thst Borrowar irom the terms ot this deed of Wst. _ ,
<br /> • • ' Th�Quli�a and banaflta of thts deud of tr_st sfiall blrb and beneNt ths euceesaors and as�tans of Lender end Banowei.
<br /> t�.Nolie�.UNsaa otl�erwi��reQuked 4�y G�w.arty naUce to Bortowos ah�U be piven DY delivsriny it om 8y m�illtp it by esrt3fiecP rr,'m�addr��s�d to . •- :;.: _�_',.:
<br /> 8arowsr�t tM oroD�rN addre�v we�othar addnss that Borro�.rar Raa olven to Lender.Bartar+e��fll Qiw�ny noUcs ta LacCmr 6y certiti�d �,.-„—�
<br /> Ei te�to�and�r's a.dr��i at�swt��Tan D�o f U�i ta d s�i d t o f tr u c't.�aSErats which LenCac has G�.ti�eted.Any othei t�oBc�4a�I.ende►slu�t � -
<br /> i���'�; - � -
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<br /> � My notice sheD M deemcd to harw b�n plvan w Barrower or LenCsr wl+en piv�n in t?�Rwnn�r stata�ebove• ��^""`�='""
<br /> �i.-•::��_.__�.r.t;;,'
<br /> 19.Tr�ru:o of t!r PropetY u a B�e�e�al�ns�in tM Bartav�'�c.NJ s0 or ury Cart of ths pro�ty a any tnterest to ti is as�3 or tr�n�teR�d ��*°°°
<br /> wiclwut Lend�ts prtar written cant�rtC. L ndM may demusd Imrtre�?a P�Hmont ot Uw socute0 at,t. I.�ndsr may etso Qtmnn9 Immsdiate
<br /> �`� ptym�M if tM BorroW�r is not e rt�ralDarsan and a bsnsflciM d'mxast in tfis Barrowwr is soi0 or b�ierr�d. Haw�ver, tkmdOr msy not ��!��, -.
<br /> demend Ofi�M rn the nlrave s:�r�:�H it is aowtiited by taderai Cra a�ot the date of thta daed ot trust. .,-• � . '�,�
<br /> ..,.r,�.,.. .. ••-
<br /> 20.R�catviyr�c�.Y�her►the ctC,eJon securod by thio doed of vust has eeen pald and Lende►has no turtho:aD!!g�don to meke advancea r� ��:;�;:
<br /> �[-�--..
<br /> � u n Qpar t M inswmon te or agr e e m fi a t t o s a c u r a d D y t h i s d o o d o f t r u a t,t h e T r u s t e e e h a t�u p o n w r i tt e n r e a u e s t by the Lendor,recome y the vust -g..��;F
<br /> ohityatnbYn so sa�tistio 6Ba�aweies.h�lt Dm eny recorda�no B�orr��or's suecensor in irrtero a t nho trust deed and t ha rrote or other evldence o f t he � ., . : 1 P�+�
<br />� ,"..�r�.T. . ,-.'..!s:_-
<br /> 21. Suec�asor TnistM. LenQer. at zvv�a�'s o�on, may remove Tn:stee and eppoint a successor trustee by first, meiling a coAY�� ,�I. :���.�
<br /> suhstinrt3on of uusta�as requirod by a��liea6le aw,end then,bY 6tirtg the suhsdtuUun o!truatee for reoord in the otfice of thfl rop(ster of deeda , � ___
<br /> of oaeh couMy in whteh the Vust property,ar soma part tt�eroof,is eituete�.Tho suceessor trustae,without comeyaneo of tha property,shall .__,ra,�.%�
<br /> � succeed to atl tho pavrer,du�oa,authority end UUe o!the Trustoa named 1n the deed ot trust and of any cuccessor trustee. :f'��:-;s�� -�_:,�•.
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<br /> � ' BANKER9 6Y87EMS.INC..S7.CIOUD.MN 4830/i1�600397•23411 FOAM OCV-MT6NH 8119191 . . ,
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