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<br /> F3.All �aturo wctvanc>ra I'ra�m Lrnder to 13r�+ntor or�thcr fliturn��bllgRtimiy uP Clrrnmr ta I_e�ider under Any prur nit��ry �
<br /> nota, contnct, �uu�nty or otArr evldence oY debt exrcuted by (3r�ntoe in fAVAa of l.endc:r exccuicil�tliter thf�
<br /> Sa:udty In�In�mrnt whet}ser�r not tht� �urity Ineuummt le epeclflc�lly referenced.U moro than ana per�sn�i��u
<br /> Ihlo Secu�lty Ia,strument,eac1�Qruunra�rree tf��t thle Secucity Inua�rrreut wlll eecura dl tt�tum odewnce�rc�Nture
<br /> obllg�tiom Uut are�ivat to ar incur�+ed by �ny one or more(ir�ntor, or ray one or man Orantor uid aluen, AU
<br /> th�turs advwnca�nd otha Ntuco obNgt�tiot►��n��uted by thi�5ecurlty Imtrun�nt cvm thougN dl or put rauy not
<br /> yet a�c�vrrzr,!�1. .�il h+n�re nc!venc!�P�ather ft�ture Abli�RtIAriA AfC 6�CUiC�.'1 Y!If I11aGC bl1 QIC(IYIC OY tllll SlCUi'��y
<br /> Inatrunnant. Nothia�In thlo�seurity ia�ttumrnt abell conatitute a eommitment to caaico�ddltlon�l ar t�ttiro l�ws or `�
<br /> �dv�►ces in any aruount.Any euch camtnitmrnt nmet he agreul to in e sepante writing.
<br /> C.All obtigsulons Gr�ntur owea to l.endcr�which may tnter srlse�to the eatent not pmhibitM by law Including, but
<br /> not lunited to.llabillties for overdrafte releting w any d�spostt acconnt agreement betworn Grator anc�Le�dor.
<br /> D.All addition�.i sucne�dv�nced s�!eapei►ses incur�d br I,ender for insuring, pres�n�ing or otherwise prrotxtIag the
<br /> pc,�perly aUd ite v�lue and any othcr sumc advanced an�exganses insurml hy T.cnder undr.r the temus of thi�Sccurity
<br /> Inatcumant. �
<br /> 'I�is Security L�strume»t will not socurc any other dcbt if Lend�er faile ro give any required notto�of tha dgl�t o?rca�l�ian,
<br /> 5. PAYM]FPV1'S.Grentor agrees that ap paymenu under�ha Stcured Debt will be paid when due aad in aa:orda�ce wiih tbo
<br /> t�ttns of rhe Securod Debt aud this 5etunty Inatnuneat.
<br /> 6. WARRAN"i'Y OF T[TLE. Cfcautox wmetiwta that(iranti*x is or will be 1�wtWly seizod of We estate conveyod 6y thie
<br /> 5aaulty Instnunent aad h�the rlght to ircevocably grant,ce�a►vey.snd seil tbe Pmpe�ty to Tmsia,in tcust,wi�power uP -
<br /> s�Je.Graator also wuranu th�t tfie P.toperty ie uaencumbcned.except for encumbr�o��card.
<br /> 7. PRIOR SECYJRI'�IIVTERES�`S. With regard to any atYcer murtgagc,dzed of truat� security agx�c,e�uent c�rot�aer tirn
<br /> docume�'it Wat ci�ea2ecl a pdot secucity int�r�st�r eacumbrance on the Pra��ngr,Granwr agras: •
<br /> � A.To make all g�uymcnts wheu due and to p���rat er compIy with mU cDVermnts. . �
<br /> B.1��romptly deliver W Lender any notices that Grantna neceivq from the hold�r. ,
<br /> C.Not to allow any modiflcation or eatenston of. nar za roquest�ny future acivaace�under any aote dr�ceftaeaR.
<br /> • . � sectutid by the lien doctwneut v�ithout Lender's gr3a•r wslftc�r,onseu;. '
<br /> � 8. '
<br /> CLl1�AGAINST TI'ILF.Grantor will pay all t�xes.sssessmeuts,l�tr�,t�►GUin`hrnncea�lease pay+mrntx���d re�W,
<br /> , utilidcs.and other cbu�gea m]�ti��„to tae�cope�ty waea d�,ce.I.C'L�C[2ltily I�quttti v[t$$ti�F ii►YT'n��sc i3 iww,aa Za`3"YIBa 8: .
<br /> �1� potica that such axm�nts are du� ead tlie recelptn evf�ikncing Grantor's payrneat. (irurwr wiU defeacL tl�l�r,to tLe
<br /> property�guast ax�y claims thu w�uld impiir the lien.ef th£�Secmrity hutiument. Grantor�gc+ea to wign ta l,e�der.�
<br /> �u�by Les�der,�aY rtgt�u,cl�or defenea(3rannrc mry have�ainat putid who supply l�bor or mn�ii�l�w
<br /> in or impro�e the Pruperty. � �
<br /> 9• declrc�e the eadre brlmce of the Socund De�t to be
<br /> DUE pTI gA�,E pA RNiCrJMBBMTCE.La�der may,at ihi on.
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<br /> in�diatdy due aod payr,ble upon tbe cc�tioa of.a coaht�et or thc cratl�n of�uty lien eacumbr�ox,ua�dx'a sde
<br /> of tbe '17iit ria6t 1t eubject to the ratrkxfoon i�po�ed by faderal law tL 2 C.�+.R. S91) aa�t lable,'�ii
<br /> w�eawt�j iva rritb t4e pmpe:ty and�htll reiwin ia cffect until ttse Secured Debt !t�id In fuU ead tLb Saurtly
<br /> Ia�ic�mamt L relea�eQ.
<br /> 10. PROPF•ATY CONDI'.[lON. AI.TERAITOPI6 AND IN�P�(.TION.Gtu►tor will kee{�the Propaty in uod 000dltbn
<br /> aad mdo� �ll tbu uc rcaionabiy nooawry. (3ructor ah�tl uot aomosit or �114w any v�ate. iaoptlr�rat. �
<br /> deGaior�tion of�troperty. Gnator wiU keq>th�s Plroptcty fcec ot noAloas weala�od�nwa Cr�ntnr�xea drt the
<br /> akure of tlle uaxip�ocY�od wo will not�ubatantiiity chaage withaut Irender'�pri�r wr7ttea oonsatt. R'ara�r�eot �rlll not
<br /> pamit any c1�e ia any licease. nutictive covenant or�easea�r►t without Leader'�prior weinea oauait. �rrata wAlt
<br /> notify l.ader of all dao�ods.proaoediage�cla�m.wd aac�ns�g�inst Gr�r.�od of eny las et dam�e to tl�e Prnpe:ty.
<br /> i�eader or Lenda's�aut m►y.u I,ender'e optlo�,enoer th�e P�operty at�n ir�on�bk timc for Ibe pumou ot iaa�Ctio�
<br /> toper
<br /> the p l,eader dWlgive Graator aotia at thc tiu�of or be[oro m spodfylug t nyuooablo pur�o�c foc
<br /> the u�on.A,ny iaapealon of the Propaty atu�ll be eanirdy for I.wder'i t�ad Graotor wlll in no rq► niyr on
<br /> I.ctidec�Ieipodion.
<br /> Il. AiT!'HORTI']C'1'U PB.RFORM. If Gruiwr fdln to perfcrm any doty or ony of the coveamta cont�iner!la this Socia:ity
<br /> Iv�uvmmt.I,eoder may,withaut notioe.paform ot caiwe tlxm to be perfonned.Gt�ntor�pQolats Leada�rt�orncy in
<br /> {�x to�i�n Grmtor'�a�me or p�y any�n� ount�aaary fzr perfom�ma.I�adea's d fet w perform for Grusta�lull not
<br /> creue am oblig�tion to�paform�and l.e�der'e ftilure to�furform will not pceclude�fmm ezercioing my ot=.ea3a'e
<br /> otha right�under the lrv or this Socurity Inatiumeat.If�ay coa�tructbn on the Propecty ii discontinued or net careied on
<br /> ia a rea�on�ble n�aaner.I,cader may t�ice�il ateps ne�x�►eary to protxt Lajdab eec.vrity intaeat in tt�e P�vpayty�i�xludin8
<br /> ooa�pletioa of thc wasuucdon. .
<br /> iZ. ASSIGIVMLNT OF L�ABI{S AND REN�'S.Gru►to�e ia:nevocably grants, conveys u�d aeUs to Tn�atee. la ws'�fok the
<br /> tszaefit of I.ctxkr. �e �dditioa�l securitgr all the dght, tsle and intaest in and to wy and�11 eacistin� s�r Cvmc�Ica�a. ,
<br /> subltaeea.md my other written or verb�l�gnemenro fa�the use and occ�p�, yof any Kloa of tt�o Pconerty,t�cluding
<br /> any extcaiiozu.c�newalt�modificatloav or anbstitutFuuo of aus•h agtamcata(ull ref�W os "Les�ses") and rcnt�r,i�taues
<br /> apd proilu(a11 r+e.'"emd to ss"Reats").Grxnwr will pt�.�nptly provide I.endt7 wlth ttue�conoc't copiw a�idl exiatiag
<br /> and Tuwre J.ares. Graawr nny oollax. receive, eajd�y afld uae the Rcata eo long�s Grmxor i�not W defwlt�nder the
<br /> teraas of tbis Sectuity Instt►unait.
<br /> Grantor aekiwwledges th�t ttils aisignmmt is perfected upon the c+ecocdjng of thi�Deod of'Itust�ad that I.,eac3a ls e�dtled
<br /> to iwtify�ny of Gruuor's teaants to mafce paymcnt of R�na due or to txxome due to E.ea�kr.However,LtiaQett�gctes that
<br /> only_on defutlt w�ll L.cndcr notify Gtantor and Granm•r's teuaata utid m�lce dem�nd that stll futtuo Rents be�aid d�taxiy to
<br /> /t������J�i �J��� �.�J JJS�.��� i�dr - - wC Or� �w T�- �__��
<br />� l.Cl1UC�. V�ILRIVIII$ i!o[ioc v!aCiiini vr.wmva weee wwvase m�u ueia�es av a�w.wi svi�io�.we.. ......,..�. - .
<br /> possessioa and wYll rocsivc any Rents ln tzust far Lcudcr and will aot oommingle the �tents with aay othei fund�.Auy
<br /> a�ron»at�wilectcd�vill Ue appliod as provided in thin Sc�vrity[nsttumeat.Grantor warrante that no dofault r�s��nder the
<br /> LCASFS!1!any applicabie laadlnrd/teou►t law.Grwtor also agrees to maint�in and roquire eay ten�at to oot�aply wlth the
<br /> tcr��v of the Leases�ad applic,�bla law.
<br />- 1J. LEAS�HOLIDS; CANDQMIiVI[7AiS• P�.,.AINNED UN1T nEVELi'�MN�1V7'S. Grantor agcxs 3o comply �vfth the
<br /> p�visions of uoy lease if thls Sa��;ty i�struinait ie on a leaxhold.If the Propecty includes a unit in a c.cmdomitsium or a
<br /> planned unit dovelopmatt,Gmnttir will perForm nll of Grs►nt;�r's dutiq undcr the covenanW,bylewa,or n�gul�l�_►u of thc
<br />- corxlominium or planned unii sle++�lopment.
<br /> 14. IlEFAULT. Grantor will be in default if aayparty obligated on the S�ured llcbt fails co malce payv�t wLai due.
<br /> Granror will ba in d�fauit if a breach oocurs under the temlv of this Sesurit�+Insuvment or any ather docw�rxat exa,�utal
<br />_- G"�e2 M4!
<br /> { Ot 99�saNcw Syn�rtu,xx..St.Cia�d.MN I1�E00�974�411 Fam HE-0T-NE B1819�
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