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<br /> 1, ��ymwetr. Bt�rrawu apr��a to mnke �II paymenta on the Recur�d debt whsn dun. Unleee Borrower L�nd�i apree otharwl�e, ei�y
<br /> peymente lender recelv�s irom Borrpww er for Bo►�nwsr'o beneflt wlli h��ppll�c9 ilrnt to sny amounte Ftorrower 6w�1 on tha acur�d d�bt
<br /> exclualvn of Intare�t or princlp�l,r�cors�l to Intsren,�nd thfn to princlpel.If ppr4lsl prapnvmont of tl�o aocured debt oecuro for any ree¢on,it wlll -
<br /> no9 r�aduco or o�ceuse ary sch�iuleU��r�Y;aprd v.r,til ti�t�c�cnrcd debt la{�e!d In full. ti ,
<br /> Z,CtNrn�Ap�k�t TiW.Bo�rnw�r.wW p+y��i trx��,��see�m�nt�,�nd olher ch�ipea ettrlhutable to the property whnn due and wlll deinnd tltle
<br /> to tM ptowrtv�a�nat�ny dl�(m�wt�iaA w0uk1 Impak the INn o}thts d��d of tru�t.I.�ndnr may nqulr�Borvow�r to��dQn�ny rlpht�,cl�lm�or
<br /> d�(�nt��whlch 8orrovJa�y RNw ap�lns4 partl��who tupply I�bor or mat�rl�f�to Imprnvn or mNnt�In 1M prapsrry.
<br /> 9,k�wnne�. BurowK wkll kHp tM prap�rlY Inw��d�ndfr torms �ocept�bt�to l.endnr at Borrower'��xpm�e md for Lender'�b�n�ffi.All
<br /> Imuo�rx�poNcl���hell Inelud���t�r►dard mortoq�clK�s�In/ava of L�nd�r.l.�nd�r wlll t►�nam�d a�loq pay�e or as tlw Imund on�ny such
<br /> In�urancs pofloy.Any Iniunnce procNM�m�Y b��aWNd,wkhln L�nd�r'r tN�cr�tbn,to nitMr the n�ta�tlon or npak af tM d�rte�pW prop�rry
<br /> et to th�cee�+re�1 dnht.II!_ertder requEree mort�npe lri�uranc�,Borrowor�grees to malnteiiti tuch Intursnce for e�forr�at L�ndar raqulro�.
<br /> 4,hopKty,8orrowv wfll kap tM prcpwty In yood conditbn and m�k�dl rop�k�r�uonebly n�cess�ry.
<br /> 8,Ex�s��.Borrower�qrees to pay sll Uncfer'��xpen�e� Includlnp reasonat�l��txorneys'fee�,If Borrower brAaka+�ny covemnt�In thle datl —
<br /> of trwt or In Mny obllpation acund by thl�dssd of tru�t.�otrow�r wlll pey th�N�mounts to Lender�s prov:dtrJ In Covanant 8 oi thl�d�sd ot
<br /> ruot. •
<br /> a.�ia R�curlty N�tKNb.UnNu Boerower tlnt obtalns LendH'�wrltten consent, Borrower will not mmke or perrnit �ny chmaer to�ny prior
<br /> ��curity IntKUta. 8orrower w!II p�►form aH oi Borrower't obllq�daro undar �ny prlar mortgape, deed of trust or other securlty epreement,
<br /> McluUin{�6or��owar'o cavsnantc to m.�o p�;�m�flts t.h�n dus.
<br /> 7.At ant o!R�nb�nd PrMlb.Bortower a�dpns to Ler►de the nnt�md proflt�of tM prop�rty.Unless BarroNnr end Lender h�ve�preed
<br /> o • in wrklnp, Borrow�r m�y colNct and rsufn th�rent��� lonp n[iorrow�r IA not In default.It Borrawer d�fnatts,Lender, L�ndar'�
<br /> �ppSed itrst to the cos�u�i�mwnipin��th��prAppOerty81lnctud�cvuit cos4i end�ttornsy�Cfe�ii�commfs�loni^io�rn�rYtel���Lnta i�nd iny other
<br /> n�csanry relat�d expensae.The rema nlnp emuunt of rert�wfll then appty to payment�on the�acursd debt n�prov:dod ln Covanant 1.
<br /> �.��•��t����.BarowK p��s�to com�y wltfi tM provlslons of�ny M�s�It thl�dMd of trust is on
<br /> un�ds�r�iinp�-fi�iw�,or r�ip��itnNorn nf tM c�ondomini�um a aplMn�d uMt dewlop++»P ntM,B°'rower wiu p�rtorm�11 ot eorroww's dutw�
<br /> 9.Autln�ftll o}L�rd�r to tMcKm M+Yonowsr.If Borrow�r hH� to aertrxm +ny ot Bonow�r's dutiea undw thlt dNd of uust, L�ndK may
<br /> pertomi the dude�a cwa tl�m to b�p�riam�i. I.M�d�r may dpn 9orronwr'�namr or paY+nY+mouM i4 r�po�ryr tw periam�na.If�ny
<br /> constniction on tFaixop�rty lo dl�eoMinuefl a not c�rrbd on In�nuona6ls rriMner,Lend�r may do whatavK la n�cet�+Ky to proywt L�ndw'�
<br /> t�aurity Inner�st fn uw propWty.ThI�mey includ�complstlrp th�con�tructbn.
<br /> Lend�r's faN�k�to patorm wiN�at pr�ckxq L�ndir from�xxcUlnp�ny of tu otMr rlpht�urM�►the Uw a thl�dNd of uwt.
<br /> Any rmounn�pakt by L�ndm ZaprotRat Lender'i s�curlty Intsn�t will be t�cund by Ha1n zi�ed ot vust.Such�mounte wlll ba due on demand
<br /> �nd wUl be�r Int�rHt hern�hn dat�of th�p�ym�rK undl pNd In fuN�t th�Int�r��t rata In pff�et on tM s�cwW debt.
<br /> 10. 01hu1�M*d Aea�Mkn• It Bonaw�r f�il�ta m�k��ny payrtant whan dw or Ix�ak� any cowm��t�und�r tAla d��d of ttust a �ny
<br /> oWfqatlon secured by thb ds�d ot tru�t a�ny priar mortpaW a dNd of truit,LeMsr m�y accebrate th�maturit�of the��cured dsbt�nd
<br /> demand Immedl�t�p�ym��n�nd m�y Invok�tM powe of�N�Md a�y otMr r�m�din pKmitt�d by bppllc�bN I�w.
<br /> 1S, p�pu��t fur No1k�pf mof�df,lt i�Mnby nqus�t�d th�t cople�of tM r►otice�of deteuh and��N br aeM to sech pu�on who I��pa►ty
<br /> her�ta,at the�Qdrs��of Anah a�ich pereon,n�et fath Mrdn.
<br /> 1z. POWM Of s�.IT tM Ll71T1N k1VOk��VI�p6WN OT NN�tM 1/Y�IN�i�au i�si��cot{3 iri��w niiri;i 4i uw iiyii�w vi i+�ww vi 3iii�i.v-iiFn7 -
<br /> wMrrNn tl�s truat prop�rty w soma part or Wirul th�rwf 1�Ntwt�d�notlu ot d�f�uR oont��nlnp�b InttxmMlon rpuk�d by I�w.Th�Tnuto�
<br /> �hn11�Iso maN coplea of th�notla nf d�f�lt to tM Borrow�r,to �ach p�raon wha Is �prty 1�ato,end to mh�r parsons�spr�s�xi6ed by
<br /> •pplia�Ws taw. Not kas thM ane month a sr tM TrustM ��COrds tM notip ot d�fauR. a two monm s If tM truat(xopMty lt not(n�ny
<br /> k�corpor+t�d�itY a vfNsp��nd ts ut�d k►9arrnin0 operation�orrl�on by th�durtor,th�'jtustw sh�ll pli+�puWb notic�cf sN�to th�pawrn
<br /> �nd in Ms mannK tx��c►fb�d bY�pppNc�bta��w.TruttN,wkhart d�m�nd on Borrow�;:�nNl s�ll ths prop�rty at pubNc�ucUon to tM hlpMtt
<br /> Dfdd�r.lf r�quk�d by th�Farm.FWm�stad Ptot�ctbn Act,7rwtM shtll oN�r the propersy�ln two sM�tete sWs M��quk�d by appHc�bN I�w.
<br /> TYusU�may pn�tpon�s�M of�N a any parc�l o}tM�xoperly by publlc announc�msnt ax ttN timt�r�d plMd of my pravfouNy acMtNiMd sab.
<br /> tnxt�►or iu d�stpnN m�y puraha��th�propsrty�t my s�N. . �
<br /> Upon t�yfpt uf p�ym�nt of th�p a� bfd.TnutN sh�N dNiwr to tM pxcl�Rrr Truate�'r ilwd conw►vlrw tM poprty.TM nekt�ls�eontetn�d In
<br /> Tlwtw's dNd sh�A W prNnw Mc��vidMna of tM uuth of tlw stat�m� ts oqnttlMd,tAwrNn.Truat�ii afi�M�pply th�procNM�f tM•y 16 In t1r
<br /> tNnst�imsrk fi i;ylbl to�Il��unn�iax�d Ey MN�lNd otimitt ind(al'thi wl tric�,ff i�Q y;to.tM�pM�on�Np�11Y MtkWd to r�It.�M� �nd
<br /> 1I.Fot�olown.At Leidrr'e�ptfon,thD M�d ot uu�t may br for�cb��d In tt�mannsr provld�Dy epplfcabM law for toncbwr�of mwtpp�s
<br /> on r��l ptop�rty.
<br /> 14. M�otlon.L�rd�r m�y�ntrr tho praperty to k►tp�ct k if L�nda pivs�Borrow�r notic�1»forM►Mid.TM nottc� mu�t stat�tM n�aonabN � '
<br /> ceus�(cr Lend�r's k►sp�ctlon.
<br /> 1B.Cp�d�1iM.8orrown n�{�n� to l�nd�thsproc�of any�w�rd or cl�kr�fa dam i con»rit�d with a con6�mnaUon a oth�r t�kkq
<br /> of aN or anY Dut of tM proPe►tY:Buch p►oce�d�wilt D�+ippii�d�s provldM in Covernnt t.��sNpmNni I�su6J�ct to tM tKma of�►y prior �'�
<br /> ' wautity pr�n. �
<br /> 1p.W�we.Ry�x�reklny�nM re_mpt1Y w�Nabh to I.�nd�r.L�nda dat rat piw up any:r)yM�to IatM ut�any ott�rrp.By rwt�x�reiskp ,�:r
<br /> u�y r�n+sdy upon Borrow�r's detmrt. �mde doM not walw�ny ripht to lat�r cronstde t6w�wnt�d�fauk if it ti�pp�ns
<br /> :�
<br /> 17. Joini �ni swKr LMbMty,�.Ca�tqn�r�i suocw�on �nd As�iaunti. All QuNs� undK thi� d�M of t�wt ar�joint�nd eeveral. Any
<br /> Barow�r who eo•s�o� thf� dad ot trwt but dw• not w•tipn tM widKf� yMg d�Dt lnstnHrNnt1,) doea w onlv to pra�H�nd cwiwy tlwt
<br /> Borrow�r'a Inar�st k►tM P��Aur�Y to tM TnutN w�d�r tM 4�rtn�of tht� b or wn.In�ddkbn,nicfi�aonor�r prw�tt�at tM L�r�r a►i
<br /> �ny olt+er Bortovwr wMK thia deed of trwt m�y�xtsnd,modlfv w m�k��ny oth�r ch�np�t In tM t�rms of tt�dssd of vwt w tM s�ar�d �
<br /> drbc witt�out that Bocrcwa'r conarK und wfttxwt r���fnp th�t Batorvw irom th�t�rm�of thl�ds�d of trust.
<br /> Ths dutfss u�d L�fite of thts dned oRtruut�haH bind�nd bonefk tM aucaseion and nslpru of L�ndsr�nd 6a►ower.
<br /> tt„Molloi.Unbu othwwk�rnquk�d•bq luw,anY notic�to Botrow�r�hsfl W ylven by dN(wrk►p IL a by m�Nkp k by c�rtifi�d maN�ddrnss�d to
<br /> Borrow�r�t tM opKtY addrnw or any�ot}►w�ddnt�tMt Borrow�r h+��p�twn to L��d�r.Borrow�r wfN gtw�rry noUce�to L�nd�r by cwtifiW
<br /> meN to L�r's iddnw on p�pe 1 of ti�i�dad of trust,a to�ny otMr addrsn wf�ch L�cukr hu d�rtpnat�d.Any oth�r notla to L�ndw shaN
<br />- b�eent to Lend+r'��ddrew��steted on�1 of thls dKd of trust.
<br />_ , � .
<br /> Any notic��11 b�dMm�d to hhw bNr►�Iwn to Barow�r w Und�r wiHn piwn In tM ma�rNr�tated�bovs.
<br /> � 19.Trrwier of 1M Prop�rtv or�l�c�Nlcltl M+bnst In tM domswM.If afl a eny part of•Hi�prop�rty a�ny{nL�nat In h i��old or transtsrnd
<br /> w{thout Lerxi�r'� p►IOr writinn oonsaM, L�ndw may demand tmmsdi�te peym�M of tM s�axsd deLt. L�nd�r maY dw Mm�nd lmmsdiat�
<br />_ peyment it the Borrowe►1�nnt e nstur�ip��on�nd�bsn�flcfd (rrtlrast in tA� Bortowe►Is so1G er trarut�rted. Howsv�er, L�ndsr msy not
<br />- rHmand payrtwnt tn th��bow�itu�tfon�It It 1�aohtbk�d by fedKal I�w a�of th�dat�ot fhli de�d o}Vwt.
<br />� 20.p�orw�y�ne�.When the oElwetion secund by thie do�A of trust hs�bcan��Id,bnQ�Y:ard�r has no turtha obll��tton to m�ko edvancei
<br /> _ Wxtx th�(nstnw�rNr►t�or ap r�m�nta ucurW by tht�daed of vust,Uw Tru�t��shea,,uptirr writtsn reqwst b tM� Lcndw,rsoonwy tM trutt
<br /> _ oD1 �{y�Yw�n sia{ttNd�B�ort�we�ih°tl p��y r�aditioneoti sPa�uec��sor In intKOav,th�nuat d�ed onC tK�noU a otMr�vid�r►c�of Hw
<br /> - Z1. 6uecM�w T�. L�ndor, �t Lenda's,option, maY rsmove Trustw and�ppolnt � wcce�rta trust�e by tlnt, msillnp � copy of tM
<br /> _ niQStinnian oi vu�iee se rspuir�o by�ppncav�a��w.�na irwn.iiI i�rt 1�1��VYOUIY{NI�VI Vt1�{�O tN i�Vtnv m LtR VttiYt{Jj a�i ieyiii�r oi uwas
<br />� of each eounty In whlch tho ruot propHty,ar�oms p�rt thenof,i�i�tu�ted.TM wrcgawr tru�tN,wkhout eom�y�nc�of ths propxty.sh�N
<br /> - wCCHd to�R th�power,dudoi,�uthorlty�nd tltl�oi tM 7n.�tt�e nam�d In tM d�i of 2rust snd of�ny�ucc��Aa uuet�e.
<br /> fAep�?ol?1
<br /> L1WKFlt9 SYSTEMS.INC..6T.CLOW.MN 66707 It-o0W9743411 fORM OC►�IATO-NE El18191
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