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<br /> ° 1, Paymsnb. Bonovrer agresa to make ai! paymonts on the seared de6t whert due. Un(uss Borrov�er ans Len'etr onfno oti►arvrit�, any '. ;'.�i, _•-,�r—
<br /> paymartta Lender roceives trom Banowor or for Borrovrar'a banefit vr.�ba appfiad first t4 u�amounm Bcno�vor aivas an tho cecurad dabt ,� ,,
<br /> �, ezeluaive of tmerost or prindpaL second w ausrest,and than top�rtc��.if partiel prupaymant o4 tho sncurod ds�ht otxscs{�+sntl reasnn.it will • • .. ..�
<br /> not redueo or oxcuse eny sehsduled payment Unfil tA9 sacmtd dsi�t ta p�h!in tull. p_
<br /> 2.Cts�aQ�nst Tigs.6arrower wal pay�ail tarxea,assaasmaMa and�y r ehar{{ea attriMrtahle to tha pro���inr-n dua es�d vdil defond ti2to � ` � , ' ��
<br /> � to tha pr��ertv eftainst eny etaims w!�(ct►wouid impair tr.e iien�ttr's QedR of truat ta�Qar may require Baaower to sssi�a eny rights,datms or � . _
<br /> dgf0nsas whtch Banowar may hava agatnst partias who suppty labar or materlals to tmprovn er mptntam tha prap.utY. � _
<br /> 3.lr.s�u�ne�.Bortower w0t keeD�P�aPe►tY inaured under temu aeeaptab!f1 to Cendor a4 Bortower's exponso ar�tw Londafs Conefit.A!i `
<br /> � inswance poiiciss s.hall inchtde a standaM mortgc8a dausa in favor of Lender.Lentfor will tra nnmod oa toss paYea or bs tbn i�sured on titsy sucfi ' � � , ` •' j�
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<br /> in�surenee pol'�cy.Any irtsuranea proceeds may 6e applied,within LenQers di3�otlan,tn eithor tho rottiYOration or repan ot tt►o dsmegad property _
<br />• or to the secwed deDt (f Lsnder requues mcrtgage�nsurance,Bortawer a�ees ta mmMain such iosursrtco tor as!a��s l.en4er roR�iires. ; •� � _
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<br /> 4.Prs�Ry.Bottov+ret wiil keep tha property in good tondition and make aU rtippita roomrtohhr necessary. ' ,
<br />._ - 5.E�rtsu.Bortower agrees w pay all Lender's e�cpensas.inctuding reasurm4la attarneys'foes,ii Boamr�er trresks eny covonarts in this deed = -:----- _
<br /> pt trust or in any oDGgabon secured by this deed af trust.Borrowar�nnll pap U�ese amaurttc m Londm as providsd'm Cavanam 9 of this deed oS • ,
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<br /> 6.Pd6►S�ctuHy tnLr�sb.Untess BortowEr fust otrtains Lendefs written canserrt,Bsrrru�var wiU not make ar permn any chnnges to any prior �. : ' _ , . -. -�
<br /> secratiy��erests. Bat►ower wiD peifartn ail of Bortower's obiigatiot�s untler atry pttor mortgaga,dead af Wst of aitaEr security agreflment, i:..'..: _,_.:.:` .
<br /> indud'mg BaROVre�s covenarts to make payrt�er�whe�due. � .} - . �•t��•�.�� "�
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<br /> 7.Aasrna�, t ot Ruus�d Prafrb.Bonowor assigns to Lendar tha rornG And proflts af the pmparty.Urrtoss Ba�rmvea en��-endar have egreed . ,'<<; "`
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<br /> oth �se�n writing,Boaowar crtuy coQect and retain the rertta$n tcmg an Bnvmvet is nM in detauk. if B�rro�vor detaufts, Lender,Lender's . •r,,,,; �
<br /> ageM,or a cnurt appoiraed reesiv.er may tai�e possession an�m�m�a:he prnparty and culteat the rerrDS. Any rorrts 4en�er co9lects shall ba � �+�`
<br /> ' aQptied first to the costs of�ragi�sg the properiy, indudinp acra►t c�sta and attnma�s'fess. commissians to ror►tef eg6rtts, and ac►y other �
<br /> nocessary related e�anses.The cer*:a�ning amourrt of rerrts vuiU than appSy m paVmarts un the sacured debt as pro»dEtl in Coerenazrt 7. �; . ,.., �.` . `'�. :.--
<br /> •'., 8.L�aaahafeis:Ccndassdn�ans'RL�"'v��d linit Dsvtlopm�nts.Borrower agruae�ta campty wiih the provisions oi any teass if tlr.s�sed of ttust is on ��;`"
<br /> `�4' a leasehotd.[f tRis�ed of mist is on a unit in a condominium or a pkmnpd unit devafap:m.�4 8arrower will p�iffwm P!1 af Borrower's duCes ��'" �� ;--_�
<br />' under the wvert�r.�,�y-1a�+rs,or reguistions of tha condomintum or plunnnd unit deiaia�na-:� � � • . . • �
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<br /> 9.Audsoe4ty of L�stid�r to F�r[tsm for Boirowa.tf Borrowar taits m patfmm aT�dr�mascarzere dutfas u�e►this dcad af t�ust. Lorsder may 1� .. , , � �... . . -
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<br /> . paAortn the duties or ca�ue LPr�r.�7o be performed.Lender may si�n Hutrnwe►fs�ama orpay enY amoum if rtacast6rY fae{oerfatmance.If arry g ;'� --
<br /> eonstruetlon on itee proyerty is dt�ominued or net prriad on in a re�ram�hla ma�nar,Lender mpy do whatever is rv�r�asarli vo ptotect�-enders F:., '. � . - � �
<br /> sec�uity U�terest in th9 DroDertl►.This may ine(ude comp!eting tha corwtniatian. � :. ;:`,..�.
<br /> t,yndafs 4ai{ure ta r�form will not precluda Lendor from exercising a�p�at its�19zer dphte unQer ttte lew or this d�d o!btest. r`�;,�.�-���;. - -
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<br /> p�y amounLa�h�f Lertder to protecc Lender's securiry iMerest w'r'cs 6a sac�ued by this deed ot trusc.Suati e�r�unts�viU ba due on demarr� . ,:r� --
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<br /> � and v�n't1 Qear i�from the date of the Daymertt unL'f paid in fulf at the irtiteto&t rate in eHect on ffie secur�i C�zb2. 'r,;••:•� ••� "�s�. ,
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<br /> 1p.�fa3t�d A�:ers.`'��f'Bortower faits to make any pxymant whan dus ar 6rea3a any covenams un6or th� dr.cd of trust or arry �:�-;:�ti,•, • ;..:'
<br />- oblipation sec�.�d ty 4his dr��E c�trust or any prior mortpags or dead af trw•i. Lsndor mr�y accelerats tho matuitV ot ttre secured AeDt and ���,�� '`�: ,. �
<br /> - " demares unrt«tiatQ C.aYmem�a may imroke ths powar of sals and arry othos r.err.sdies permitted by apptica9:a Is�v. • . , , _��'
<br /> 77.R�qw�t 6�r•fdtuEza of U24euit It is hereby requested that copi9s at tho ceffi�cas of dofauit and sate be s�i to oach parson who Is a p,�rty ,,��; �� •:�.. �, �
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<br /> hset�,at tise a'.N.rtt�af ea�s sech person,as set forth herein. ' . �`�,' •�"��`
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<br /> 11�!�cwu of Sat�.it the lardfx�+nvokes the power of sale,tha Trusteo shotl ffrat recurd ia tlse office of the regiatcr o}dc�.+s of each asr.r$ ':=;i• �;��:.. ,
<br /> a.isain the trust prope►ty cc r�a paR or patcel thareof i8 situmed n nollae of defsuft ca�ing the informaUon rokt►acd iiY iaw.The Tn�i�e ",�: �= �k,
<br /> �� af�fl also mail co;�es oi tha rurace ot defauk to the Bonowo�,m anah paraan who is a parry hereto,and w ott►�r P=rEa�s:�as prescrbed Ly ,y�;,' ,�;,`;,,, • a
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<br />.,�;:� a;.plicable law.�+at(ess thara c�e month after the Trustee��asdo tha notica ot detauit.or two morAhs if ttx�trust p:c�erty ia not in�?p —
<br />�>-:s.;�-: irrcorpprsted citY�-a'itage and is ussd in farming o�p�ratlontc oerried nn hY tha wustor,ffie Tnutee ehrill giv�p�lic r►afi�of saio to the pac�rss %'�"�� " '� 7� . ,�':
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<br /> r, and in tha manrser Rrespibes!by aPDPIicaLle laur.Trustoe,wRhout domtmd o�Eann�var,shail sell tha prapacs�at pud►:�o tsucUon to the hy�ursi , �� '.��, r,�._�_
<br />,;�;%,1! bldQeT.If requtred by sh.�Farm Homestead Rrotoadon Aut�Tructos ah�l afi�ti`ee property in twa separa��slas Fu re�uped tyy aADflcabSrs 6rnr. • �_ .., , .
<br /> Trustee may postpone sate of a0 or arry parcel of the propmq�.ofy pub!?a anttouncomem at tho time and pifrce of arry previovsly scheQuted eafe. r�j� � _ �`?�f;��f .
<br /> .:; � t,ander or ita designee may purchaso tha proys.�rty at ar►y nu1e. :C�:i`�,:�._: .���si•.��•� s41��
<br /> .�;_s Upon recai t of pnyment of the prtee 61d.Tnsstee shail defhw m tha pur�►nser Teusteo's deod comraying the praperty.Yi�r3 rvatials coMained in 'i, ` � �� `'"'
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<br /> Tnutae's deed shall be prima tade evidiance ot the uuth of B1a stAtomorrts aornainod thoreln.Truatoa shaii appiy tAs paor.ueAs of the eafe in tha .-- .
<br /> . follawtng order. Ia1 to all e�ensss of the eale, ineiu�ng. bat not limitod to, roasonphfo Trustee's toes, roasontb:e attome}ra fesa and �. '� �"`;+�....:�!•
<br /> . � reinstatemeM feos;(b1 to ail suma secured by this deed of trust,an�(af tho otdonco,H any,to the persons lage(ly orrtido0 to raceivo R. � ;�_..
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<br /> {. 13.Farsctaa�es.At lenders option,thia deed of trust may ba 4meotosed in tho mnnnor p�ovido by apptleaClo laov for ieroc:osure of mortgapes e, : M'. �:'�-;:;- ,__
<br /> on reaf property.
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<br /> . 70.�ctlon.Lender may emer the property ta inspect ii if Londou givao Bonower no�rr�tefarehand.The rtotico asust stott►thn raasonabte �it "'�
<br /> causa tor Lendefe inspaction. �F'ty ���'�"•� ' �
<br /> "' � 16.CondRS�tme.Bnrrower aaslgna w LenQe7 tho proaseru af,arry mvZrd or c;a':a tm c7tsta�.�s connocted wriA a oorr3amnaUon o�otrier takJr� ���� ;� . _
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<br />:;:';„�,-: af all or anY�,att cf the prayerty.Sucfi pwoaadt wifl ba epA�i�prov,`�o�iT Cr++anant t.T�:s asaignser�nr.io sub;oct to the tetms of eny priar F ;.������ -
<br />;:+; : sec�vitya�cnassartrt. . � •�;'�� ''�...''• �-••`-
<br /> ..A,'.i�, �f �,_-�—
<br /> �i 5t�l4Jalve:Lr,.�exercising arty reme availabta w lend�a.LanQur doew nat give up nrry rf,��t�na iater us3�Y otfix remr�SY.61►not oxorcisinD y 7j�t:�:,�-:� -•.. ��.-
<br /> � a:y�romedv w:an eonowar's datauh,�nder daes not wahrn o�rtaM to Irrlor consitler tfia e+a�::a Qetautt if it happam egain. �,�• _
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<br /> 1T,Joint wf QBV�ra1 ��Co-si�n; Succ�asars ind Auduns Bauratl. All duties undor thia deed of vust mo j�im and ssv�rral. Any i - - - -.�_==�
<br /> � Borrower wh�a r�s-siDns thts �eed at trust but doec not co-si�n thp untbabrlmq dabt inewmuml8) doas so oai.y to(�rant and canv.:�that
<br /> Barowera Irrtc+:�t in the property to the Trustee u�Qe►the torms ot thS�Q�tm�ctr uust.fn addition,sucA a Bartowar zy�ass that the Len:rr�sd �16
<br /> � anY other Borrower under this deed of trust may extend,moditv or mut:o unU¢:.her cher.p�ea in the terms of th:s 6��af trust or the uua:r-n� ' _ ,. � - ''�'y
<br /> de6t wlthout thet Ronowere consem and wftlwut retoasing that Bc�rrmvm hom the torms o.C1kr deed ot trust. '�
<br /> ' The duties and benefita o!thi�deed of vust aha11 bind and benet'd tho auccessoro nnd oa;�.of Lendor and BoROwoi. ���� 1--
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<br /> 18.No6ce.Untess othorvvtse ret�uired by law,any notiee to Bortowm ohNt be Bivan by deltvaring k ar by,maiNng it by cortiibed mail addrossod to
<br />" • t Botrowet at th.e tsroperty address ar ar�v other adQreas that Barto►vm ha�s g+uan to Landor.Bonowa wdl give any ra21x to L,snfle�by�ed �f '•
<br /> mail to Lende�rc u��ass on pape 1 of this deed of Wst or to an��.atTei arlm�s whlafi Lender hne desEgn¢iad.Arry othw rwtico to Lerwnr sf�all I x:. �=-_
<br /> be sent to L¢rri"�e addresa as stated on pape 1 ot this deed of Uust. ��� : •' -
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<br />� 1� A.rry noUee shall be Qeemes to haw besn phren to Borrowev or I.ander when givon in tho mormer etatad ahove. � ° �'-��
<br /> � t::�cmutM of fh�Propoty w�Bsn�fletd h�t�net in tM Butrowa•�t o��of any part of tho proporty or any intorost�n it is so!0 ar trr.rs`erteC `�' "' �"
<br /> �� u�r�hout Lnndtv's prior writtan conaent, Lender may dem�nd imm diato,vsymont of tfio sacurod dobi. LenQor msY m�o damartd i,�nmc�S�a •+fEF •
<br />�,•; paynent if ti�Q!?arrowe►Is not a naturalpe rsan and a 6enetieiai�MUSO�t ic�the Bonavor is soid or transterrod.K�wovur, Ler�..�r nraH�ai --.-.•-,-..-.�--:� �
<br />;1�;:, da:nand paymnm:in tha abovo aituaUons if it is profifbked dy foderal law aL ci.�".he d�to of thia doad of bvst. ' ° r"�
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<br />�������'� 29.R�ennvty�nc�.W1�en tAe obligaUon eecurad by thta daed of m�st has boon niJ and Lon�er has no turtho�oDSr�at�n to make er:wsr.ces " ��"°T"': -i
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<br /> i�dor the insUumente or ettreeme►rts secured by this deed of trust�tha Tcusto�shuSf ugcn vnitton roquost by the londs,r,roconvoy tho�st I"
<br /> �rr�arty.Tho Londer shall dcsliver to the Bonower,or to Borrownr's suacescat in intarest,�fro 4ru�~t deod nnd tho noic w othmr oviGonce of the t:; :.�:�,.�_1-....
<br /> � ass3�ation so satisfisd.6ortower shalt pay any�ecordotion costo. d','- � _
<br /> 2i.Suec�ssaa 4eutt��. Lender, at Lander's opUon, may remave tnistoo ond nppoint o succossor uusteo by fra, mei:r�g a eopy of tAn t,;.���Y.� � •
<br />' . substitutian at;nistao as roquirod Ey apyficabto law,ond then,by filin�tho sutwlituHoa ot trusteo fo►rocord in the oN1ao ol th�ropistar o}deods -��4��r: , . �;-,
<br /> � of each ccunt�f�n vfiich the trust property,or somo purt tt�eraof,is cdufltod.Tho succa�or trustoe,without coa►�roYerr,�of ths proparty,shnU ��.+'�- �
<br /> succered to a11 the powar,duUes,authonty and UUe of the Trustoo nan:ed'm tha dand of trust and of nny euccossov Ms►tc9. � � ----
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<br /> QAfl7lEiLS SYSTEAS,iR�..S7.CLOUD.MN 68YJt 11-E04397•Y36U i0fllA OC�-MT6NE 0�1491 � . -'--
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