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� --,�..�,_._ ,_.� � ..�. .��• __. �v. ._....�____ . . .. _......,._ _._�..L_ _.�. . ` r ex�sm�� ., _ x�- -- <br /> �'H <br /> •EJ"_ :s. '- —.. <br /> '� �_ r . <br /> � 9�- i�°7�34 . �`�:� ;� - - <br /> ` �. All future zdva�from I�en�r w Grantor or other futun obligauons of Grantor to Leader under any promissory _ �� "� '�'1 '. <br /> � n ote.ooa a a�t,�u a r a n ty.or oiher evidenaz of debt existing norr or execut�d aflter tt+is Deed of Tmst whether or not � <br /> � this Deed of Tnut is specifically referred w in the evIdence of debi. �, , f <br /> � C. All obligations Grantor owes to I.eader.which aow aass az may lat�r arise, to the exteut not pmlu'bited by 1aw� �_ <br /> inr.luding,but not limited to,1i26ilities for overdraftc relat�to aay d�posit aawunt a�t betweea Giantor � <br /> ' and Leader. - <br /> '� � D. All additional sums advanced and eapenses incurred by Lxader for insuring,preserving or otherwise protecting th� ��.;. _ <br /> ; progerty and its value aad any other sums advanced and expenses iacurred by Lender under the terms of ihis Deed , . , <br /> - of Taust,plus interest at the highest ratg in effecx,from time to time,as provided in the Evidence of Debt. _ . <br /> �- E. Grantos's performance nnder the texms of any instxurr�nt evidencing a debt by Grantor to Lender and arry i3�a of -- --- --� _ <br /> Tnut sacuring,guar�tyin8,or otherwise�elating w t3�e debt. <br /> . If more than oae person sig�s tIus DeEd of T[uss as Granwr,each Grantor agrees that this Deefl of Trust will s�all --_*-..�:h�-=�.-•�- <br /> fumte advances aad faa�rz obfi�vns desc�sed sihave sbnt are givett on oz h¢r.�ired hy aaq one or muie Granwr.or any _ ,;__. . . -- <br /> • one or mnte Grmncs�d oth�s. Ttus Be�t of Tnast tiviit aot secune auy othez debt if L�der fails.with respect to s�ch , . . ..•,�a.Y,.; <br /> ,:�_ other dsbi,w ma��j zequited di�clos�re about this De�l of Trust or if L.eader faiLs to give any requized notic.e of the . �. __ � <br /> .`�` r'sght�fFescissian , - <br /> . •:._s_-s,-='=..�-,-�'_ <br /> 5. PAYMENTS.C�c agrees w make atl payr��nts on the Secured Debt wh�due and ia�ootdance with the terms of the ; N, �"'�s�° <br /> . Evidence of De1at��s De�d of Tmst. `<<-,��:�`;---,---- "- <br /> � �v_ �.���•; <br /> , . 6. WL�1�.ANTY OF TITLE.Gr�*�covertaats thai Grantor is lawfiilly seized of the es�v.v.z�veyed by this Deed of'Favst . : ? -�-":,.-�_ <br /> �'.`` a�st 1�the right w inevacably p:,couvey aand sell to Tmstee,in trust,with pourer c�:sale, the Property snd�ts :,r.�,y.;� , . .:,,�.r, <br /> e��+'..�Propeny is uaencumbere�l,except far en�brdnces of reoord. '::,�`,-� <br /> , <br /> �..�':.- <br /> � �::��Y`��_=_—-— <br /> -- �'. C�IS AGAII�I�T'i TI'�I.L�.Grsntor wc�i�1 rl�taxes.xssessmeats,lir�s.�*-^-�z^�ces,lease Qay�ts,Smund�ts+ --�.•;r;-.,.-_��-�r�,s+y <br />� �'.:..��,and other��rela�;w the Prap�cy�when dus. Lender maq ..c�°�-tl.'...:C.��c sn provide to L.ender c�ag:es of � _:,�:,.- <br /> �� a� cz�t�s that such aso�� are�ue and the�ceipts evideacing Cnanter s pay�:. �tor will defead titPe t� the _.:•=a''�'.� - <br /> pro;.�c2y against an� c�aims t�;eould impuir the liea of this D ce d o f'fi'r.�...rt. Gr� �grces w assign w L e n�x r, a s �;.�...� ��p . <br /> - requested by Le�d�aty rigP�s,c:3ims or defens�s which Grantor may I�.-;�;,aimst�n�es aho supply labor or materials � . <br /> 1 �` <br /> - LO lII1�TOVC OI main'^sr."mn�p(p�iy. ' _ .• , _ <br /> 1, <br /> ��iax;��� . <br /> ';�,;��` 8. PRIOR SECURITY IId'Y'ER��.9�itts c�ni ao any other mortgage,dced of uust�r:s�arity ag�ment that ca�sued a ' ; ; <br /> 'i;���, prior securIry intetest or��!,TM,',�:o��re Fmperty and that may have priority over�is�eed of Tmsi,Grantos�s: <br /> A. To make all paymoents w��:.�a�3 to�:form or cmmply with all wveaants. , ':� �`,�; <br /> .;�;;: B. To promptly deliver to Le^.?.�an��oti�ea�at Grantor receives from,t�e ho:der. _ <br /> C. Hot w make or permit aaq Yno d i ficatioa�r e x t e n s lon a�.an d no�r:�cer��,�t¢r�t an y f i�e;s�.�?v��r a n y ,�t� ,�� - <br />, ���'�•� note or agceement seaic�by, th,e other mortgage.�o f�c��s�s9�:�a t u n l e s s�'�.e n d e r o m���i n - � <br /> ��'.� writing. ,� _ <br /> �... <br /> - 9. DIIE ON SAL�OR ENCUN�ItANCE•I.endet may.az its opdnn,declare the�tire balance of the Sec+aod DeDt to be <br /> imra�iately due aad payable upon the eceation of any lien,encumbiance.nansfer,or sale,or contract for aay of these on °`�� � ' <br /> : t.. <br /> :. the Pmgerty. However, if the Prope»y includes Granwr's residence, this section shall b�sabjea to the t�trIcxtons • t -" �,��- <br /> , � imgosed by federal laa(12 C.F.�.592 et seq.),as applicabie. For the purposes of this paragcaph,the t�eerm'Property' <br /> .`s also iacludes any late�est w alt ar aay psrt of tho Property.'17�is coven�nt sP�aall nm wIdc r�e Property aad sLaU rema9n in ' %.: �• � :, ° <br /> � , effect until the Secured Deht is p�.0 in t�ill und thin Deed of'Tiust is:cleased. �-•.--��.�- - <br /> L-`__ <br /> 10.TRANSFER OF AN IN'fERL��P IN'��1�ANT�R If Granwr is an eatity other than a natural person(s�uh as a r-_°_;:;�-�._: <br /> �. ' cflrporation or other orp�ni7ndon),I���tcmand immediate paymeat if(1)a benefccial iate�est in Giantor ie soS3 or t <br /> ' traasfened;(2)tbere is a chw�e��'�r t3�idan�ty or s�-�.�aer of�nembeis of a parmership;er(3)there is a c�ia � - °" <br /> � �'.:i owneiship of more thaa 25 pet�cx tl�e voting stack of a a�;otation.However.Lender may not demand pay�iu t�t = --_-_ . <br /> �- t above siwaflans if it is pmhi6i•r�1'j�a�v as of We date of c::s�eed of Tca�. _ �• ::;:�--:, F <br /> s; ,J <br /> "� 11.EIVTITY WARRAIVT�:B ANII�REPHE�Pd'A�ONS.If Graator is an entity other than a aatural peison(sach as a � y:r ,.,•�,m <br /> �...;-=a-,='�:"<:�z.�.. _ <br /> � ootporat�oa or other org�iwvra�?>(irauWr maTaes to l.euder the following wartaaties:czd rep�tations whicHn s�all be ��*�^-:.�- <br />.,t;,1_,� oontinuing as tong as the Seca.*r�II�ebi rernains autstandia6: �V.=;�-r-=� <br /> ��:;`.�:� A. Grantnr is aa eaf32y ��L��.� ia duty orga�izYd and validly existing ia the �nr's state of incorporssirsn (or �'�{• .; : <br /> or n).Gr�tWr��.�.,good ctanding in all states in which Giantaz uansacts buslaesa.G�nWr hav the power �'�- ,. :�`+`r'���.,.,. <br /> ��� ��i°'ay w own� Fropetay sn�w c�uay oa its bnsineES:�now being wnducted aad. as applicable, �S :: : �• : . :r:- <br /> _ W=-:_:�_z=-.,.,.___ <br /> �'� qualifiod co do s�ia eas�state in whic�a Grantar operates. �%- -�,.- <br /> ••i��� B. 'Ihe execurion,deliva�i��:.d petfarmance of thio Daed of Tau�[s;r•CYrantor aad the obligaclvn evidenc�i ts.y the ".._���-•._,_ <br />�'����:` �. Evideace of Debt aae ��i�Sim sho pawer of Oraatne. tiave �S�► duly �thorized, have ceceived all �r�a�yary �`� - . <br /> >� govem�ental approvat,�will ant violate any pz�n+i:vs�af taw,,oe order of co�ut or govemmental age�cy. � � - <br /> C. Other Waa d;�cloaed ia writing Orantor has not c�anged its u��r,hin the last ten yeara�d Las not used any .� ��.,`�� ;- <br /> • other trade c�f��itiot�s name.WiUtout II.endez's prtor written con�ast� Grantor does not aad wil!not use any other � <br /> � name and cri�2 presecve�:s exrsting name,vade nt�mes aad franchisrs until the Evideace of Deist.is satisfied. r�`�•"T:�,•°�`'- <br /> • c;. y .} . <br /> � . <br /> 1Z.PROFERTY CONDTd'I�N,AI.'II�RA'ITOAIS AND II1�1�6t1�GTION. Gtantor will keep the Fiapetty in good condition `.` ...•.��.i•..,��,`_•.'.' �.. <br /> ' and make all repairs that ure reasonably necessary.Granwr wiil give l.ender pmmpi notice of aay loss os da�age w the •'�<� • <br /> s y�lN... ': <br />. Property.Graator will Yrep the Property free of aoxious weeds and grasses.Grantor will not iaitiate,3oia in or consent w . � '`•�':,• <br /> aay cfiange in any private restrictive cou�nt.zoning oidinanse or other public or prlvate restriction limiting or defming . . � <br /> ths usss ahich may be made of the Propsrty or any part af the Propeny,wlthout Lender's prlor arltten consent.Grentos � . .. <br /> ' cvill aotlfy Lender of aU demands.pmaaedings.claims.and actions against Crantor or any other owner made uader law or � ' . ' _ � <br /> regtilation regardin�use. ovmerslup and occupancy of the PropErty. Cnantor will oomply with all legal requirements and � ' ' <br /> resuictions.whether public or private,wlrh respect to the use of the Pmperty. Grantor also ag�exs that the nature of the � . � • . • <br /> . occupaney and use arill not change withoui Lender's prior written consent. � . <br /> No portion of the Property will be remnved. demolished or materiFilly alter�d without Lender's prior vrritten consent • <br /> except that Grantor has the right to mmnv,,items of pe�soffal property comprising a part of the Property that become wom <br /> Pape 2 0!B � <br /> •. � � . p 1493 BErc`�rsN SYttlml.rx.St CfOW.MN fl$06397�236t1 fOrm AQ/CODTJJE d/993 ------- <br />. r <br /> .:,-..,..._...m.___-�__. -.•. ----•—, ._ <br /> ; . . . . . . . . • :' .. . . , . �� . .. <br /> ' • ' ' • •'�' ' - • ' ' . • - ' <br /> , � ... . ' � • � . . � . ���� � '. ' . � . . , � � . . <br /> f�. .. ' . . . - _ , ' • ' S� - ' . . <br /> . . . . . _ . _ . . . . � .. � . .... .• . � _ Il' - . . -- . . . ... . .. <br />