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��. <br /> �� _" , + _.,. .. � <br /> . - .�..:: <br /> ,, . <br /> . . ---_,�:,,. <br /> - - �._._ - - - <br /> i <br /> GDYENANTC ��'"' �'ll�lal� -- <br /> 1. p�yrtwnq. Borrowu aqrN■ to m�k� aW paYnwnte on tM tacut�l9 dtbi wT+kn rkM. Ur+ww 6wrc�Wsr snd L�r �prw ott+NwNv, M�y R <br /> WY�nti l�nd�r rsc�iwi Irom BorrowK a�or Borrcwa'� G+»fit wiU E� ��Iw�t Io�ny �+nou�U Barow�r Owso a� th� s�cunai a0i =- <br /> notiuid ci a ai�cu i v a t�h�dutid O�Y�ttuntil t��a.taM+rid�d.�b��p�aid Y�����P+Vm�r►t ot tM s�cund d�bt occw�1a any r�uon: it wul � <br /> 2.Cla4na Aaai+►at 7'ESf�.BarrowN will p�Y�A t�x���isa{ti�i�ani�o�ty.", c�►sr;,as��ib,ut��l�to thep�ops+tY wMn ciw�.�►d wiU d�tend titt� _ <br /> a�pa4ut My cislm�wt+kh woutd lnWak t�li�Q of thl�dMd of trWt.Un3�rrnY►W�k�Borrowar to as�1�n�ny rlpht�.cNhn�a -, <br /> � di;fv�wic�8arowar may tuw ypair�t prWs who wPP�Y�+�+oe a�at�rl�ls to improw or m�k+t�in tha PropwtY• ��• <br /> J� ...,� �.v��eviu•a�f�fit.A8 = <br /> 9.Imwsna. Borrov►w will kNP th�p�ei►�Y ��aund und�r t�rms pcc�ptioi�iw is�w.� .i i.:��co::�:':s�;.�r.:� _.._ <br /> i�cwu�ce poV�ciaa ctu:l{.��..:u�a a ntandud�ne►t s�cl�uu i�hvor af Ut�r.Undw will M nam�d�s b��p�V�o+�a th�irutur�d on�ny suCh <br /> I iruu+snc�poi�cY.Any Insuranc�aoc�W�m�y�+pW�d��Bura����to�miirtit �wch{nsuianc�t�or u bn�p p t t`��p4*N�Y m <br /> a w th�t��d d�bt.If t��rpukN mortp��nsur - <br /> 4.Ptop�+ty.Borrow�t wili kwp tM ProW+tV in pood eo�d�t3or�and mak��II r�prk�ruwnaWM�+++�Y• _ <br /> 6.Exp�nsN.6c+rov�!+�9�N�to pav�u�!�K�����N.includina ru�ona01�attorrwyt'fNS.i1 Botrow�r brsak4�ny covon�nto in this dNd __ <br /> of truat a in u►Y obip�tion t�cwW hY th+o d��d o!ttwt.Barowe►wiil p�y tM��amourit�to L��dN�s Prov'.d�tl in Cov�nant 9 ot thia dNd cf _ <br /> uust. _ <br /> 0.Ihiw S�cwitY kK�+Kas.Un�!u Borrowar fkct oEtaina L�nd�r's writt�n concmt,Barrow�r will not msk�or pe+mit any cha�pas to mY p��a �, <br /> e�curity intK�att. Borrow�r w�l pKtwm �II ot Barow�r's oDlipations wid�r anY D��+ �O�fle. �of uust a; otMr ascurity�qrNmun, <br /> inc4idinp BorrowK'�cownw►ts to rtuk�WY��ts wh��dw. - <br /> 7.As�pe�t ol R�t►U�n6 ProfiU.Bwrow�r assl9ns to L�nAtr tha rant�and profitt of th�propNty.Unbss Borrow�r snd L�odar haw asrs�d <br /> otMrwu�tn writi�q, 8orrow�r msy colt�ct�nd ntal�tM ��nts as lony�c BwrowK �s not in d�fault. It Borrow�r dafaults, Undar, Land�r a <br /> � ay�nt, or a court sppotnt�d realver may t�k� po�cssnc/ud1�court c ost'c aPnd attorno�ctees t comm sslon��LO��ental a0ents�a�ndtany o�the± <br /> appliad faat to ch� costs of mmapiop the properry. ����to p�Y�ts on th�s�CUrM1 d�6t a�Prowd�d u�CcYVnsnt�' <br /> �w;,::::ry r:.lat:�a«pans�f.1'M r�n+�n1+y amount of rNUa _ <br /> �.��N�,����pw�d W�it p�wlopn�q.Bor�owKa��MS to comaN with th�provislon�of�ny ieu�if tAia desd ot trust i�on <br /> �wasatwld.If thts dNd ct tru�t Is on� unit in a condoml+rWm or e p�arx�ed unit d�wtoprt»nt. Bortow�t will pKtorm a!I of Borrowu's duti�s <br /> w�d��tM covMants.by-laws.u rpulatiorn of tM co++domkw+n►c+Pt++►Md unit d�wbpn►��t• <br /> 9.�ut�oeyh,��N��p�}qm{pr dortpw�►, I!Bwrow�r fsil��o perform�ny of Borrawa's dutie�und�r thla ds�d of trust, LarxfW may <br /> �tr�i�cti�on o�N»�p�opMtYitd�sco�n�ti�utd�a n�oi earrlad on in a uo�i»rbli«,ma�uiu.Lender miy do wh�tewM�rwcr:o :a�'Y�A���_'�� <br /> ucurity intwsst in ttn Pio4»�Y.This may includ�comPMWW th�consVuctioo. <br /> la�'s taiku�to P�rfc+m will not pr�clud�L�nd�r from�xarclsinG�nY of its otF►w rlphts undor the law or this dNd of trust. __ <br /> and w�'�bwt�in�tYfrom th�tdat�i o14h�paym•int untJ paldti�n�fu11 a�itw iniW�ista�ti�H�on th�sicurW dib�u wW de dw on d�mand <br /> 10, p�{�t�nd AeeM�►�yon,I} BorrowK t�ita to mak� any paL'ment when dw or bnaks any cownants under thts dNd of trwt or an <br /> o�t�.tion s.c�•d ey tnis a«a ot u�t a ar,v a� �o•a•a as.a or u�,a. U�maY accN�ate tM maturity of th�a�auW dsbt� <br /> d�mu�d irtu�»d�sta WYtnWU in,i maY invok�ths Pow�of saN and�ny otMr nm�di�s P�rmitt�d by appOcsWe law. <br /> 11.R�w�t tat NoUc�ot Wfault.It is hsr�by rpu�st�d that copl�s o4 th�notis�s of dsSautt and saN D�sau W esch P�rson who is a p�rtY <br /> Iw�to,st tM add�u�of ach cuch puso�.u sat tath h�r�in. <br /> 1Y.Pow�r of�M.If tM l�nd�r i�►vok�s thr Puw�r af tal�,th�Tnuta shfll firat ncord in tM offic�of tM r�yktN of d�of�ach cax+tY <br />_�� wher�in tM trwt ptop�rtY or soms P�a W►���th�aot is situat�d a notic�of d�f�ult Cont ths in(ormation rpuw�d bv�W TM Truata� <br /> sha11 dw mail copNi of th� notic�of dstault ta th�Borrovwr, to�ach p�rcon who is�WrtY�sto,and to othK pwsona ss pr�ibnd�by <br /> - �ppfl�tbl�taw, �{pt Mss tha�orw month aftsr th� TruttN rscotds tM notic� ot d�fault. ot two rtw�ths rf th°�=s�of s�sb to th�pKtwi� <br /> + ir►corpuatad city or villa�a�d u w�d i^farminp oporata�u carri�d on by tM tn�stor.tM TrwtM sh�ll ylw puba� ���to tM hi4hest <br /> - and in th�ms�v�sr Pnsuib�d b�r�PDP��law.TrustN.without d�msnd oa B�rrow�r,ahall aN tM PropKtY P�'a� bN tsw. <br /> , oitidw.ii r�qu:wi'vy'u`.:::.:Z..;..:.:_�-�44a!�^••�n Tnutw�ahaN off�r tM DroD�rtY in two WPx�t�sWs t�rpuk�d by spplya� �• <br /> ° TnutM maY Po4t�w sata af s:oe any psreel o}the prop�RY bY P�hlie uVwuncM'wnt�t UM t�rtM and piac�oi�nY P�v�iw:�t:ti'�3��:.,. <br />- , LM�d�►a its da3Crw�+V P�+�cAas�th�Drop�rtY at anY s�N. <br /> Upon nc�'pt of p• t of cM p►ia 6id.TrustN shall d�live to the purchasu Tru:tse'�deed ca+veYinp the propertY.l'he rscitials contain�d in <br />-'� TruttN'�dNd �b�P����a��'�s of th�truth of tM stat�rtunts cor►tain�d tMnin.Trutte�s►»t�aPP�Y t�P�o��of ths sai�in tM <br /> - idbwinp ord�t: (1�) to all �xpW►s�s of tM saN, ir►cludirW, but not 4mit�d to, nssonabis Tru�tM'� tNS, ��asU��`tt��� f�as and <br /> = t�inatat�mM►t tMa;!bl W all sums s�cund by this dud of uust.+nd(c)th�b�lanc�,if anY,to t1r Pw+��W W <br /> - 13.Foneioww�.At unda's option,th+a deed of Vust msy b�fonclosd i�tM muvwr DrovW�by appGcabls Iaw tor for�clowr�of matpapu <br /> on nat Props�tY• <br /> —_ 14.MwPKtlon.L�ndK may Mw ttw propKtY w i�►�Wa it if L�ndw piws BorrowK notlC�d�for�hand.Th�notia nxut suu th�nasonabM <br /> -� cws�fa L.�ndK'i wxp�ction. <br /> ; 15.Cond�wllon.BorrowK�sip n�to L�ndsr ths oc��ds of any awxd u cDa.'m for damag •���t����°^��a t��of any p�ia <br /> -:'� of aN a��y part af th�P��N•��P���w�G appli�d�provided i�i�ownant 1.Thi� <br />�-= s�n+rKY�r�smWn. <br /> � 7C.W�wr.BY�xercisEnq any ro�y ava�labie to Landar.Lender do�a not atw up:ny riphu to Ister ue��ha nm�dy.BV��� <br /> -•� �nl nrtwdY upon Borrow�r's d�t l.�ndw do�s twt wsiw any ripht W latu coru�dw th��vsr►t s d�fau.'t if it ns ayain. <br /> 17. Joine�r►d S�v�ni ty; Co-ilpnKa: S�so�i �nd As�ipns �ow�d. All dutia unda this dNd of uuet u�loi�t�nd aw►a1. Any <br /> :;:� gorrow� whp co-slqm t�desd of uust Ix�t does not co-sipn the u�d��rl}n'np d�bt Instrum�ntts) do�s so onlY to yrsnt and eonwy th�t <br /> BorrowK'a int�nat In tM proWrtY to tfw TnustN und�r ti�t�rrtu of thto dw0 of truat.In adGition.suoh a Bortow�r sprNS that tM Und�r and <br /> -°� sny otMr BorrowK und�r ttiu dNd of Vust may�xt�nd. mod'+itior m�ko u�y otMr ch�nq�i in ths twms of ihi�dNd of Vust a th�s�cund <br /> ��� <br /> dWt wiywut ttwt Borrow�s coni�►t and wittwut r�MssinO that eorrow�r from th�tKm�or tNs dad ot uutt. <br /> -"� Th�duWs and b�fiss o}this dMd of uuat shall bind and b�wfit tM suecnsors�nd aui0ns of Landw u�d Burow�r. <br /> ,-„� 16.No11e�.Unkss otMrwise rsquind by Isw,anY notie�to Borrovwr shW b��ivsn by d�liwrinp it or by maiGnp it by eertiFied mail addr��sed to <br /> -- Borrow�r st tM oD�Y+�nss a any othK addnu thax Borroww hasp�w��to L�nd�r.BortowK will p'iw any cwtic�to L�nd�r by c�rtifiod <br /> - msil to L�nd�s�ddr�st on pp�1 of thic dwd of mut,or to ar►y otha address whi�A L�nd�r has�SSlpnstb.MY°�^0�to L�nder sh+Y <br /> 6�s�t to I.Wd�r'a addr�ta as ataad on ppe 1 of thM dwd of uuat. <br /> a <br /> --� MY notic�sMH b�dNm�d to hsw b«�n qiwn to Borrowr a F.,�rxNr whsn�iwn in tM maKw atat�d�bow. <br /> =� 1a.Trsnslsr of tl�e PropMtY�a���i^���M.It�Q a any part o}tM popsrty or any intwut in it is sold a uansfea�d <br /> "'°' wi7�.:si tcr.Ztt'e ps}or wrilten eenRw+t, Lw+d�r may d�mand imrt►�diata p:,srsnt of the se�cwsd debt. Landar may also Qemand inxnsdi�ts <br /> �`�' payrtMnt if tM k3ortovwr is not a natural DKwn snd a Wc�efiGst interest in the Barowx is wiG or tr:n:t-.sred. tiorrvcr. Lendsr may rrot <br /> '•� d�mard PMrNnt In tM abow sitwtions if R is P��d by f�al taw as ot th�dsto o}this dud of truat. <br /> yQ,RKOnwyarw.y,yyh�n the o�blipation:ecwad by this deed ot truct lus bssn paid.and Lend�r hai no furth�r obl�stior�to m�k�advanas <br /> �' urxfK tM irutrurtunts a ag�eee*wnts secursd by this ds�d af trust,th�Trustss shall,upon written rsquest b ths LsnGr,reeonvey tM troat <br /> propwty.TM L�ndw shsll d�w►to ths Borrowa, a to easoww's succeuor in ini�r�cL tle�Vust dNd and tK�not�a atlw�vid�nc�ot th� <br /> .� . ob4pation so wtuPwd.BorrowM styU paY+nY neadatior►cos:s. <br /> 21, Suee�asor T�utM. Lander, at LenQer's option, msy remove TrustM and �ppolnt a sucassa truste� by first, rttailinQ � CaGY ef. th� <br /> substitucion of Vu�Ue as rsquired by appticabl�law,and th�n,by filin�the substitution of truste�fw ncord in tM offic�of the re�ister af�esEs <br />" � �}���h county i�which Uw trust prop�rty,or son'u par4 th�►eof�is srtuat�d.Th�tuccescor Vuste�,without conveyanu oi th�proper,lr,shall <br /> suerwd.o a11 the powa,dutiee,suthonty snd Utt�of tha Truats�named in ths dsed af Vust and of sny successa truat�. <br /> � <br /> lpsy�Z ot 21 <br /> f. <br /> �AtA[EIIC SYSTfYi.RIC..ST.CLOUO.MN 6t�01 It-i00�3�7-23411 FW W OCP-��on aJ91 <br /> 1 <br /> _� _ <br />