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' '�T!f�.�t1}�;x::-�(.�.�.......' "' <br /> i ,y. �. ... . � . .n A'•ra':�.':2�1". - ... 1 <br /> . _. <br /> . <br /> ' rJ• t .' � ' t„' ' - .G-�+P�-. . ._.�... . <br /> , /.,��'�+�rr.ri+l+, _t�« ..r)-- %7+y`mlo..y iIr ..� ... .�� .il'Sr�' _ . � ... <br /> 1 + <br /> . • ,.,�,,,,y. 'T �•` •- - .�c- 'n?�T��4��''•`. '��'M- .�.i.. --:�.. ..�..�—•__.-- ---- <br /> ' - .......:u.. .. .... . .. _._ ._ .. <br />-- ,�.�r�.<� ._...._... ... •'- <br />.�.'1 f'�� : . <br /> CO{dENl1M48 q� 1��1,� •••� <br /> � + L P�yrn�nU. Dorrow�ir�ROra���ta�atnku 411� Y+��is�J�Sp•9n tho aocurcd deht wphen due. Unia�s B'orrower end Lender epne uYharwise, ony � <br /> poymonia Londct �occ:�c�e(r�ir [iGP`qv�l�or pt�o►,�+"a �v�� io p�n�clpall.�li parti'ol ptol�ymant o4 the oocuraJ d bt occure for nny►ueon,Itawlll �� <br /> r excludve of Interest orrprin�{ 1�I iyctl�tf to IA4q��Y' ��1�, , <br /> not reduce ar excu�e� y� s�Brd N.Vrr������� d dobt U p�id in full. �,;. <br /> �L � �L.. �•, �Mwr.,...:.......» •� Y__. <br /> ;w,,: x.CIMm�Aq�kse�Thl�.Berrow�r will pey�il t�xeo,us�ament�,�nd other ch�rpe��ttribut�bla to the proporty when Aue nnd wifi detend title <br /> �' K' " to the prop��ty�y�In�t any sltimf yvhich wou�Impafr the Ilvn of thl�de�d of trust.Lendsr m�y taqulre Rorrower to�ulOn�ny rlphto,ctalm�ar <br /> def�nu�whloh 9or�ower may h�vs apnimt p�rtles who euppty Isbar o�materiat�ta Improve or matntaln tha arop�rty. �; <br />'`r��� 3. lnwnne�. Ao�rower wlll k��p tAe properry In�urad und�r term� acc�ptM61e to L�nd�r et Borrow�r'�expsn�a �nA for L�nd�r's be�atit. All F <br /> In�unnce poltcl��rhdl IncluA�s otanderd m�n �p�ct�u�e In tAVOr of 6ender.Lender will be mmed sa loa p+�Yes or a�th�Intund on�ny wch <br />_...�;�,�$,� Inwr�nce Fotlay.Any Insarence proc�ede rnay�app���d.�+�thln Londcr'o di�creticn,to elther the restoration or repelr of the d�m�g��propeety �- <br /> -----.--- �;:�i�»��•'y.�'h!•4i!'rvf�'r�auk��morta�a�Intur�na,Borrow�r aprse�to mainUin wch fn�unnce for a�lang rr Lende�ro.�ulroa. <br />•�� 4,prop�rty.Bormwer wlil kaep tho praparty In�ood conditlon and meke ell repeln rseeon�biy necei�ary. _ <br /> �p 6.E�pen�a.8arrow�r aqre�e to p�y dl L�nder's expen�ni includinp raacontble ettornsys'fees,It Borrower break��ny covenanta In thl�deed <br />�;+?"p'�•{" ;I;� of tnut or In any obllpatlon s�cured by thi�deed ot iruat.�orrower will pay thece smount�to Lendsr e�provlded In Covenent 9 of thls deed of <br /> _{,,��r� trust. <br />.:�'y i'..:FA� <br /> E.Wior Srcurity lMx�sU.Unles�rform ellf aftBorrower a�obll•ntiolne under eny�lorr mortgape de d of itustfor�tothercaecuritytaga nmentr � <br /> �^��-''�' wcurity Intersae. Borrow�t wlll 9 <br />,�'�;•.�`�: Inctuding Banowu'�covsneM�to m�ke psymsnt�wh�n due. <br />-,ar,�.�� <br /> 7.Assl of R�nt�w�d^rolfta•Borrowsr ettlym to Lender the rent�snd profit�of ths property.Unleas Borrower and Lender h�va epreed <br /> r"�F otMrw s�in wrlttn{�, Borrower mey coliect�nd rst�ln tha renls u lony aa Borrower is nat In defeuit. If Borrower defaults, l.ender, Len�ler's <br /> '�""�" �p�nt, or�court�ppointed recelvar may t�ke po��easlan end m�nape tha praperty�nd oollect the rents. Any rente Lander collects ehatl 6e <br /> ','"' spplisd firet to the costa of manapin0 the properry, includlng court coets end attorneye'feea, commiaelons to rantal e ente, nnd e�y other <br /> °:',.'��w <br />--a��=� nscesury roiat�d expensea.The rom�Tninp amount of rents wlll then spply to peymente on tho securad debt as provldod in ovenant 1. <br /> 8.lN��hold�•Condort►k�k�u:Pl�nn�rl Udt Q�v�lopm�nts.Bor►ower e9rses to comply w(th the proviaion�of eny lease if thie deed of t►utt is on <br />', , a leosettiatd. t�thta dc:.d of trust la nn n unit In r aondomintum or a pl�nned unit devetopmsnt,Bor�ower will pertarm all of Borrowor'e dutlos <br /> z�,�;�,a-�� undet ths cownant�,b�•laws,a�spul�tion�of tM cond�minlum or pl�nned uNt devabpment. - <br /> = g. �u�ty of��nd�to pKfam 1or BartowK. li Borrower falls tope Hotm any of Botrower's dutiei undar thla dsad of truat,Lerxi�r mey <br /> psrform 1M dutlss or ceu�e tMm to be p�rform�d. Lander msy sl0n 8orruwar'e neme or pay�ny�mount If n�c�as�ry for performmce.If any <br /> ��a��-��� con�tructlan on theproparty la diecontinued or not carried.on in a reaaonable manner,Lender may do whetever is r�eceaaery to protect 4ender'e <br />-::��r. <br /> sscurity IntMe�t fn tf�propaty.Thlr msy Inciude completm0 the con�truction. <br /> r;:f�w __ LendeYe failuro to pertorm wlll nat p►ec!ude Lender from exercisiny any of Ita othar rights undec the law or thin deed of truet. <br /> entl w H bair�interiit from t�hetd�te�of tl»piyment untll paldtin�ull at�the�interestrita In effect on the eecured dwbi unt�wtll be due on demand <br /> ___----�1 t ny <br /> m oWip�ti�of n�se�wsd by�i d�eed ottrust or enV P�a ortg�y Por deed of trust,�Lsr�er�may scceterete�the maturityhof t�s�ieeuricul debt and <br /> � d�msncf Imm�di�te psym�nt�nd may invokn the power of�sls and any other remedles psrmitted by appllcable law. <br /> — 11.R�qwat ta,Nodc�of D�huk.It U Mreby requested that copiee of ths notices of defautt and sale ba sent to each person who is�_p+KtY <br /> _-,__�� iroreto.�i fix�aah�ss vi e.���:�.h�-t-•ass.�:sst!etil�ttsrsire. <br /> —' 12.Poww ef 6�h.If ths lerxler lavoke�the power of s�le,the Tru�teo sh�l1 first record in the oHice of tt►e repister of deed�of e�ch county <br /> -- = whsnin thn trust property or wm�part a p+rcal thereof li eltwted�notia of d�fauk containinpe�o��d toi otha�pe�wns is p�rescrTibedtby <br /> --� shall dso mell cople�of tha notiae ot defauk to the BArrower,to eech per�on who la a Pa►ty h �not In iny <br /> � spplicable law. Piot Issa than ane month aher the Truatee record�the notics of default or two montha IP tM trust properh/1 <br /> Incarporetsd city or villsps�nd Is u�ed In farminq operation�carried on by the truetor,the'Frusts�sh�U pive public notice of�ile to the p�rsom <br /> and In tM m�nn�r prascrlbsd by��pppltcable law.Trustee,wfthout demarxf on Borrowar,�hail all tM propsrty at publfa�uctbn to the hlghaat <br /> 6(dder.I}nquksd by the Farm Hame�tead Pcotection Act,T►uatae ehell oNer the property in two seperote seles�s roquired by appiica6l�law. <br /> Lindei a iti d�es�n e miy purch :a s ti»aopertY et eny osle�by�'bllo announeement et the time snd ptace of any previously achedtelwl sele. <br /> Upon rscefpt of p�yment of tha(xice bid,Tru�tee shdl dalivsr to th�purch�ter Trustse's deed convsyinp the property.Ths recitisq cont�insd tn <br /> Tru�tM'�dNd�haA b�Pr�ms fscf�ev3disncs of the truth of the ttstemYrrt�containad thereln.Trustes shNl�PPIY tM proc�ed�of th�aW fn the <br /> tolbwlnp order: (�l to ell expenase of the e�sle, Inctudinp, but not Iimited to, re�somble Ycuste�'� fsec, nsson�bb �tto►nrWs fNS �nd <br /> nlnstat�ment fs�s;Ib)ta atl numa�ecured by this daed of trust,and(a)the b�lsnao,if�ny,to the peraons leydty entitled to r�ceiw it. <br /> 1 S.Fa�elo�w�.At Lender'a option,this deed of uuat may be foreciosed tn the manner prnvfde by sppilcable Isw for for�clawr�o}matpspss <br /> on na1 property. <br /> 14,kqp�c�ion.Lender may enter ths Rropsrty to In�pect ft If Lendx plve9 Borrower notice betorehend.TM notice mu�t st�te tM renon�bN <br /> �'� osw�ta L�nd�r�inspection. <br /> 16.CoMlwr�dau Bor�owsr�sslQns to Lender tha�ocesds of any award or ctalm for d�m��yei connected with�condemn�tbn a otMr takin4 <br /> c}�����ny pirt of tM propercV.such procesdn wi I be spplied as provlded in Covenant 1.Thl��stiynment I�tubject to thb t�r+rr ot�nY prfor <br /> eecurity opre�m�nt. <br /> 1A.W�.By exnrcicinp any�emedY sva!lebfe to Lender,ler►dsr do�a not piv�up�ny ripM�to later u�e�ny otMr remedy.By not exKCfsina <br /> - _- ,,,,y�;,,;,;u'y uy,;,n Corro;rcr'�d�fealt,Lsr.dsr duee not wrtve wny�Iaht to later consider the event e defauft ff tt happen�ap�in. <br /> 17, Jaint �eM 9w�rM ►.. tp�y• Coalpn�s: Sueewso►a�nd A�Np� Baw�d• A�� dutk� ur►da thi� deed of trutt�re Joint�nd�svx+l. Any <br /> 8orrowK wAo co•tiQru tfi�3 desd of tru�t but doe� not co•slgn tha undxlyinp tNbt in�trumsntls? d�bs to cn1Y to prant snd c�nvey that <br /> Borrow�r's Intera�t in the pDroperty to the Trust�s undar the termf�s�of this daed oT uu�t.In edditlon,�uch e Borrowar�yren that tM Lend�r�nd <br /> �� dibt�wlt�hou�t thrt Bonowsr s coment ir►�d�wlYnout es st iitnp thit Borrower tr m t��meof ihli de�edtot truit thls deed ot t�uit ar the�ecured <br /> _- The duti�s�nd bensfiU o}thl�d�ed of trutt�hell bind and benefit tM euecessore and aasipns of I.ander�nd Borrower. <br /> � 10.Nodc�.Unks�optheurtwi�e rsquked by I�w,�nV notice to Borrower shatl bpe p(ven by deltvarinp It or by mallir►y it by certified maii eddu�tnd to <br /> °°-� miN to Lendir i aCdr�ti on�0�t of thls d�rd of�VUStthor to any ottroi��tldresi whlch L nd�er�hei deilynixad Any�tMr notice to Le�iidsi al�iall <br /> �� be sent to Landar'e�ddnsr e�st�tsd on paye 1 of thfs deed of truat. <br />_===— ° Any notl���hall b�deem�d to have been givsn to Borrower or Lendur when pfven In the mennet�t�tsd�bovs. <br /> �",,;_-�� 1Y.Trrtat�r of tlN fkopKtY ar�B�McIM tM�n�t In tM B«rowN.It ell or eny part o(the property or eny Intmeet In It Is sold or tnnsferrod <br /> wlthout Lendsr'� prtor wrltten constnt, Lender may demand Immedlate paymont of tho eecured debt. Lender mey elco demind fmmedlate <br /> =°=�=w� demandtp�ayminB/n the ehove situatlona It Ip�r p ohlb ed by tederot law aa of the da4e of hle deed�of�wat nsierred. Howevor, Cender mey not <br /> ,.��-F���.- <br /> "`'°�"�� 20.R�conwy�nc�. When tM obllgatlon secured by thls deed of trust hae been peld end Lender haa no tufther obltpatlo�to meke edvancos <br /> �`•�� under ths tn�trument�or�proement�secured by thle deed of trust, the Trustoe ehel�,upc+n written request bY the Lender,reconvay the uust <br /> "='��`�� property.The Lender sheU dellver to the Borrower,or to Oorrower'e aucceanor In interoat,the Vuat deed end the note or other evldence ot the <br /> �- -_';;,,�,_� , oblipatlon eo eetbiled.Borrowor ehalt pay eny rocordetion coate. <br /> �s.w.. <br /> Z1. $UCC�tiM TNitM. Lender, ot Lender's optlon, may fER10Ve T(U6t88 8f1d eppomt e auccaaeor m,siee oy iiioi� �n5i��.y:�wr �• ••� <br /> '����� eubetitu6on of truotea es requirad by appllcebto lew,and then,bY filinp the subaNtutlon of truiatea for rocord fn the oflice of the raglster of deeda <br /> -•o , of esch county In whlsh tha truat proparty,or some part thoroof,le sltuated.The eucceaaor trustee,wlthout conveyancu ot the property,shall <br /> �'::L.y: t eucceed to sll tha power,dutlms,authorlty end tltle of the Truetee named In the deed nf trust enA of eny succeaaor truatee. <br /> `y• i i <br />, I•1h T <br /> ,�. <br /> - � <br />. . �� .. ` �p�Q����� <br /> .4� <br />.^w;,r;"..' pANKER9 6VBTEhi9.�NC•.6T•CLOUD.MN 68901 It•E00•997•23411 FOflM OCP#1T6NE 8110181 <br /> :� . <br /> '.➢4p'.,`.�'�T',".'.. <br /> ^ • • . � <br />