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<br /> or obsolcte,prnvlded t6At such gersanal ptoporty 1e replsccd with otliee personal pcc�rty ot lcast cqusl iyi valae to t�ic �="
<br /> cepl�ce� pen�o:�a] propercy, i'ree 9'com any titlo retrniion devic�, security agrcement or other encuinLrRneG. S�v'h
<br /> replacemrnt af person�l propesty will be dccmod eubJoct to the ecnurlty intenet creued by thfe aeed of 1Yu�t. (3rwtoc
<br /> ah�ll not putitlon or subdivide the Proger�y withauc I,ender'e pdor wrlttra content, Lcnder or L�ender'e rqenu nuy, at
<br /> I.CpdQC�B O(lIIOA�enter Qb Pcopecty�t any reawnNble tiime for the purpo�e af inapccdn�the Praperty. Any icupoctlon uf
<br /> the Property sn�ll be mtirely for l.ender'e ber►ofit�nd Granwr will in no K��►y rely on Lender'e intpec:tion.
<br /> 13.AUTQORiTY 7'O PERF'UYtM�If Gruttor fsile ta perfotm�ny of(3r�r+tar'�duties under thle Deed of Trwt,or any other '�
<br /> mortg�ge. dad of tcuat, lirn or other exurlty intcrnt th�t h�s priorlty over this Dad of Tniet� 1.ender m+►y� without
<br /> notice�perform the dutia or c�uae them to be performed. C3r�ntor�ppolnte Lendcr u+utomey in f�ct tn iign Gruitor e
<br /> cuime or p�y u�y uno�ne nxasuy for pa�to�e. If wyy con�uucHon on tha Propecty ia dlxontinued or uot cruvled ua
<br /> in a rcason�ble m�nner. �.asdec may do whatever ie necessary eo protect L�nd�r'a security interest in the PmpsrtY. 'I1ili
<br /> ta�y lnclude cutnpieting the ooaattuction.
<br /> � I�eackr'e right W perfomn for Griator shall not 4:ratc An obligatlon to perfarm,ux![,e�ufer's failun so perfosm wUl not
<br /> proclude I.a�dar fmm eacc�iaing aay of L�eader'e otlyer rights undtr the!aw oc this Dood of'tiwt. Any w�ouau p�id bY
<br /> Lenda for ic�auring,P�aavin8 or otherwi�a pmte�ing We PmlxrtY a�nd 1.rnd�r�s securlry interat wiU be due on de:nu►d
<br /> and will bau intenst fcom the date of the prynveat un�.il p�3d in ft�ll at the intsr�st r�te in effect imm tiene ta time
<br /> according to the terms of the Svidcncc of Dt.�bt. •
<br /> ld.A�.�S�GNMFNT OF LEASES AND RENi'S.Gruiu►r im�wocably gtante.convcys urd selle aa�dditloaul axurlty aU t}ye -
<br /> right,Ntle aad intetest in aad to any and all:
<br /> A. �alatin8 or fature leaxa.wblaisa��liaru+ea.g+�nUca and u►y other wrluea or vcrbal a�reemwte for the we tad
<br /> oceupsney of my portion of We Pcopecty. including eny extensiona. rencwale► nwditle�ttana or cub�tituHoas of
<br /> such agcecmeat�(�ll rafesred to as"�.as�s")• ite.uitni��m reat.
<br /> B. Reate.isstus and profite(dl reterced to as"Reats').incloding but uot litpited to eocurltY dep�s
<br /> Perceat�Be rent, addiHon�l reat, oommoa arex m�intaance chnrges. PukU►8 chaSw. ne�l estata taxes� otber
<br /> �PPlicable wtp. taauruice prapium contributioaa� liquidstal dun�Aa folto�ving default. caneell�tion prardume�
<br /> "loea of renta"inauruxx,reveauea.royatties�proceafe�boauera.und all r�ght�md c1�m which Gru►tor miy ha�ve
<br /> that ia any way perteia+to or is oa a000uat of the w�e or occupmcy of the wtala or�ay put of the Pmpaty.
<br /> Grantor will prom�►t1Y Pmvide Itinder wiW uue and conax wPies of all�ing and future Lr.ases.Gruitor mr�y oollax,
<br /> caxive,eajoy�ad uee the Rcata eo lo�g a�*G�nto�r'�uxaot in defwlt.Cmnwr will not oollax ia advmae any Ra�b due in
<br /> � iuiun ta��.���u�..,.�..-r•au:::3roi�b._3a.....�.�..a.. nM+crn+mt.UQon defiWt.Gr�nwr will�aoeive xiy Ra�in
<br /> .,.
<br /> huat for Le�ckr usd Granoor wW not oommingle the Fr.nts with�y otha thnds.Any umunta ooiiecied rh�ll 6eap�1ied it
<br /> . . �L�ec�cfer•s discretion to p�ymeat�rn►the Socured Ueb�.as ihatiin Pmvldal�to oasrts of man�giag the FmpatY. iaciudlea.
<br /> � but not limited to,a11 taxea.aa�a�ta.i�atr�P�uum�np�irs,apd oa�irai�lCna W texrt�l t8wt��and W any otbet
<br /> �cy rcl�tod expeasee includiag I.endcr'a'utomcy�'fees�P�rakBi�fees,m►d,r,c?�ztco�ttu. .; ,,' ,
<br />� Gru►tor acknoalodga th�t this aaignmeat ie perfected upon the ra�orc�ing of tbis.11�eed of 1Ywt�d @u�t I�caBer is eatitled
<br /> to notify�ny of Gnwtor'e tuo�nts to u�ke paymat of r�ats duc or w beoome duo nn[.rnder.Howeva.La�d�x asc+ea duit
<br /> only on defiwlt will Leader x�otify Gcmutor and Grantor'n te�ate and melce demand th�i all tLwre Reatn be p�W direc�ly w
<br /> L�ender.Oa roceiviag the notice of default.Grantor wW endorse and dellver w I,aader any psyma�ta of Reut in Gr�nwr's
<br /> posseasion.
<br /> Gt'�nwr coveaanb t6at no dtfwlt eaiste under the E�ts+ses or any applicablo lmdlord law. Gr�utor aleo cove�nte �a�d
<br /> sgia�w m�intain,snd to require the teaenta to c�omplq�tvlth. the L�eaees imd ar�y.Mpplic�Me iaw. GaaaWr w:W promptlY
<br /> notify L+eacier of any noacompli�nce.If Grantor negl�ts:or affusea to enforcx co:t�q►liaaa with the tams of the i�a�
<br /> theu La�dar may. at I.ender'o ap[ion� �Soree cou�pli�nc:e. Gramt�rr•wfll oMaln'i�cadrr's wcittea authorimtion befars
<br /> . Gr�otor coo�eaae To auhkt,modif3►,caoce�:or othezwrse alter tt�Lr�qe�,tt��the eun�adcr flf the Propaty oovrser�;_�:��
<br /> .,��..:: , by wch I.e�sec��{ualese tbe Zea�ea eo i+equire). or w�aeign, camptoniisd�oot ea�cumbtt the Leaea or aay �tli�te 1te�t�: `•:,
<br /> Cmntor wiU hol�i�ead�xlan�es�and indeanify I.eadex for rny asd�ll ii�biliiy,Jate or dmst�e th�t I.raderni�y'�npu��
<br /> R wn�equence of the�t under thia eecxion. . . .
<br /> ';,
<br /> 15.COND021�i1VIUM.g; PLAINNED iJ�'I'�DEVELOPiVIENTS. If the Pmp�etty includa a unit in a con6aniait�m oY A .
<br /> pluuxd uait developnxq�t,,`t"3rafltor witl perfoam al!of Gc•uuor's duties under i3t�oovananta,by-lawa,or regulations of t3�o��
<br /> oondominiumot plxanod�u�ni�developmwt.
<br /> lf.I1�FAIJI.T.Grantor wiQl be in default if wy of thc following c►c�u:
<br /> A. MY putY obligated oa the Sxured Debt fule to make paymait whea dua: " � .
<br /> B. A Dre�ch of any tean or covemmt in thi�Deed of'I'�ust, any prlor mortgage or eny coaYtn�ctiota loan agreeanenz.
<br /> xs�uity agt�eement or any other documcat evidencing. guuantying, securin8 or otherovis�relating tn�'tie SacuraCt
<br /> DeM;
<br /> �. The mt�lcio�or fiimishing of any vesb�l or writteu npr�eatation,st�eenr.t�i or wuranry to I.ender ttut 9e f�l:e or
<br /> inoornct in a�►mueri�l n�pa,K by Gr�ntor or eny persoa or endty oblig�t�(1'an ttk Securod Debt;
<br /> D. 'Ibe dcath. diasoludon, �ppoiutment of a naiver, insolvwc�r, or ppplication ot any debtor reli�f law W or of
<br /> Gnmtar or uiy per�on or entity obiigstod on the Sa:ural3Debt;
<br /> B. A goud falth b�lkf by L+eader at any dme ttvt 1.�`x is innocurc with respect to�my pc�son or cntity obligato�cm
<br /> tLe Securerl Debt or th�t the pcusrecx of my Pxy,raient�s imp�ired or the Propaty u imp�rod;
<br /> F. A muerial�dverse etunge in(iranwr'e t�si�sn in¢ludiag ownet�Lip.m�aa8�t.And financial conditione�whlch
<br /> i,adcr in ita opinioa believq Lvq�ire the val�k of the Pmpe�ty or repsyntient of the Securcff D�bt:or
<br /> G. Any loan prcxxcde are used for a puipose that will conuibuu to exceasive erosion of highly erodible land or to the
<br /> --. _ ��:�. _e._.a�w�_:Ya:�a r�n D..t t�[1 �iln�rt
<br /> CQDVC�3I�II OI WC[I�0!TU j/IODUeC��Ii.-iilldtit u`vuntw�tta�� o avauavs v.y.+.++.w... . ........��..'-''-,--�—'
<br /> a,Exhibit M.
<br /> 17.REMEDEFS ON DEFAIJi.T.in aome instancrs.fedcral and statc law wlll tYquire Latdsr to provide t3xmWr with natice
<br /> of the right co cure.mediutun notic�s or othcr noticea ami enry eau►blish t8�nc echalul�for foroclosure actione.Subject pi
<br />- theae Itmitations.if any.I�ender may axe�er�tc the Sxum1 Debt m�d foreclose this Deed of Tcust in a moar►er pmvided by
<br /> law if tbif Gr�ntor is in dcfault.
<br /> p�3o/B
<br /> 91H]NMw 5?7Nrtr�Ine..6t.C�ouA.MN It�lOOJY7•Y3�11 fam AOfCQ-OT•NE U6PJ7 ' —.-�
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