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All future advances from Lender to Mortgagor or other future obligations of Mortgagor to Lender under any promissory note, contract, guaranty, or other evidence of debt executed by Mortgagor in favor of Lender executed after this Security Instrument whether or not this Security Instrument is specifically referenced. If more than one person signs this Security Instrument, each Mortgagor agrees that this Security Instrument will secure all future advances and future obligations that are given to or incurred by any one or more Mortgagor, or any one or more Mortgagor and others. All future advances and other future obligations are secured by this Security Instrument even though all or part may not yet be advanced. All future advances and other future obligations are secured as if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advances in any amount. Any such commitment must be agreed to in a separate writing. C. All obligations Mortgagor owes to Lender, which may later arise, to the extent not prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit account agreement between Mortgagor and Lender. D. All additional sums advanced and expenses incurred by Lender for insuring, preserving or otherwise protecting the Property and its value and any other sums advanced and expenses incurred by Lender under the terms of this Security Instrument. This Security Instrument will not secure any other debt if Lender fails to give any required notice of the right of rescission. S. PAYMENTS. Mortgagor agrees that all payments under the Secured Debt will be paid when due and in accordance with the terms of the Secured Debt and this Security Instrument. 6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Mortgagor agrees: A. To make all payments when due and to perform or comply with all covenants. B. To promptly deliver to Lender any notices that Mortgagor receives from the holder. C. Not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Lender's prior written consent. 7. CLAIMS AGAINST TITLE. Mortgagor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Lender tnay require Mortgagor to provide to Lender copies of all notices that such amounts are due and the receipts evidencing Mortgagor's payment. Mortgagor will defend title to the Property against any claims that would itnpair the lien of this Security Instrument. Mortgagor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Mortgagor may have against parties who supply labor or materials to maintain or improve the Property. 8. DUE ON SALE OR ENCUMBRANCE. Lender may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien, encumbrance, transfer or sale of the Property. This right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable. This covenant shall run with the Property and shall remain in effect until the Secured Debt is paid in full and this Security Instrument is released. 9. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Mortgagor will keep the Property in good condition and make all repairs that are reasonably necessary. Mortgagor shall not commit or allow any waste, impairment, or deterioration of the Property. Mortgagor will keep the Property free of noxious weeds and grasses. Mortgagor agrees that the nature of the occupancy and use will not substantially change without Lender's prior written consent. Mortgagor will not permit any change in any license, restrictive covenant or easement without Lender's prior written consent. Mortgagor will notify Lender of all demands, proceedings, claims and actions against Mortgagor, and of any Loss or damage to the Property. Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose of inspecting the Property. Lender shall give Mortgagor notice at the time of or before an inspection specifying a reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Lender's benefit and Mortgagor will in no way rely on Lender's inspection. 10. AUTHORITY TO PERFORM. If Mortgagor fails to perform any duty or any of the covenants contained in this Security Instrument, Lender may, without notice, perform or cause them to be performed. Mortgagor appoints Lender as attorney in fact to sign Mortgagor's name or pay any amount necessary for performance. Lender's right to perform for Mortgagor shall not create an obligation to perform, and Lender's failure to perform will not preclude Lender from exercising any of Lender's other rights under the law or this Security Instrument. If any construction on the Property is discontinued or not carried on in a reasonable manner, Lender may take all steps necessary to protect Lender's security interest in the Property, including completion of the construction. 11. ASSIGNMENT OF LEASES AND RENTS. Mortgagor irrevocably grants, bargains, conveys, mortgages and warrants to Lender as additional security all the right, title and interest in and to any and all existing or future leases, subleases, and any other written or verbal agreements for the use and occupancy of any portion of the Property, including any extensions; renewals, modifications or substitutions of such agreements (all referred to as "Leases and rents, issues and profits (all referred to as "Rents Mortgagor will promptly provide Lender with true and correct copies of all existing and future Leases. Mortgagor may collect, receive, enjoy and use the Rents so long as Mortgagor is not in default under the terms of this Security Instrument. Mortgagor agrees that this assignment is immediately effective between the parties to this Security Instrument. Mortgagor agrees that this assignment is effective as to third parties when Lender takes affirmative action prescribed by law, and that this assignment will remain in effect during any redemption period until the Secured Debt is satisfied. Mortgagor agrees that Lender may take actual possession of the property without the necessity of commencing legal action and'that actual possession is deemed to occur when Lender, or its agent, notifies Mortgagor of default and deinands. that any tenant pay all future Rents directly to Lender. On receiving notice of default, Mortgagor will endorse. and. deliver to. Lender, any payment; of. Rents in Mortgagor's possession and will receive any Rents in trust for Lender and will not commingle the Rents with any other funds. Any amounts collected will be applied as provided in this Security Instrument. Mortgagor warrants that no default exists under the Leases or any applicable landlord /tenant law. Mortgagor also agrees to maintain and require any tenant to comply with the terms of the Leases and applicable law. ©1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 397 -2341) Form RE- MTG -WY 11/18/94 IMO (page 2 of 4) E abed/ 46/8 L/ L L AM wJod L4£Z L) NW 'Pri '1S "3U 'swaisAS sla )Lues 466 p Jo puaixa lou Imps Iud mud o1 spaaoold 3o uopuoijdde Auv •uoudo s,Japual 11 `anp uagl lou .io lajlagM `1gau pampas 0141 oi Jo Xuado.rd ail 3o x {ndai .zo uo4l11owa1 amp 01 pa11dde aq imp spaaoold aoullnsu4 141 &u41uM u4 paaite as{mlaglo ssa(un •IOBa11ow ilaleipatuun apum Jou 3T ssol 3o 3ooid aputu Amu Japual Japual pue 10111e0 aoullnsun aqi oi aollou afeipamuui a /0 Hugs Jo2u2110yv `ssol uodn •saopou 41Maua1 puu suin Mold pn d 3o sld40oaJ It Japual of anI2 Xia1npatuun Vets 1o2u21Jow `sannbal Japual 31 •slemaual pur saioijod atp ploq of iq41 aql anut Hugs Japual •aOUeJnsui atp 3o uopuunulal JO UOljOH001Ie0 JO Japual (3Tfou ija11ipatuun Hugs 102a1JOIN „•asnu4O aaked sso4„ `ajgeoildde a1014M `pue „asnulo aRa11ouI„ plepuuls u apnlou4 Hegs puu Japual oi aigelda0ol aq hugs slemaual puu saio{lod aom insui IIV •fuaturulsui Alunoas srgl Jo mini am of 2uipl000e .Cfladold 0142 u4 slgWu s,Japua1 loalold 01 afulanoa urelgo `uolldo s,lapual 11 'Amu Japual `anogl paquosap 051101500 atp un 1tI11 ur o1 spe3 102 allow 3I plaggllm Xjgeuos1alun aq IOU hugs g0i14M `Iunolddu s,Japual 01 loafgns 102011oh1 Xq uasog0 aq hugs aouelnsu4 a41 2u{pinold Jaun o aoullnsur aqJ, •salmbal Japual 11141 spouad 0142 1o3 pue siunoun 0142 r4 pauriururn aq huts aauulnsul 844E uoileool pug ad,Sl s1T 01 anp 1illadold 0141 41 M pa1l1Oosse 1Igeuosual 8x841 pue splezlq latpo puu 13at{f `poop `0ii3 Xq ssol Jsure& palnsul Alladold dam! hugs Jo2u21JoyY1 '3DNVNfSNI •luaumoop toll Jatlo 10 luauraaJW1 Al {lnaas `isnlf 3o poop `au51Jour loud /CIE 3o suulaf 0141 o1 loafgns s4 spaaoold 3o luatuaIss1 8141 •luaurnllsul Xi sup In papinold su pailddl aq ITIM put sluauiXed paJoP4suoo aq i11gs spaaoold tons •Xuadold am13o 1.11d Are 10 Ire 3o 2urxel 101110 10 uopetnu0 1100 l 1flm paIOauu0O sageuzup 103 1Un(O 10 p11M1 Xuu 3o spaaoold atp Japual 01 su2Lssu 1o$e211oyq •suquio 10 suouuOe paquosap anoge 0142 3o /Cute ut alum s,1o2u21.101N 11 auanlaluI 01 Japual sazuotpne JoRaiJoJA •sueatu 10410 ire 10 `ureutop luauiut0 `uouutnuapuoa On0J1p Xlladold a41 JO Hu 10 hue 011 JO asetolnd of saiJTlua Orlgnd 10 alenud Xq `uo{lau paualual4l Jo 5u{puad iCu1 3o aoilou ldutold Japual an15 Ilan Jo 1 1J0jA 'NOI1VNNIdQNOD •mil 111U0UIU0JTnua ,Cum JO U0U Join 0141 Jo 0011S11 8 snopluzug iCu13o as1ala1 pOUawa141 10 asualaJ am 01 2uI1eia1 2u{paaaoid J0 114140 `uoT1a418anui paualeaJ41 10 2u4Puad iitn SI a1a41 ana1laq o1 1100 0.1 s1j 1021211oy41•se loos UT1UM Ut Japual Xjrjou Xialelpaunui IIe4s 10 110}4 •Q Mil luluatuuoJTnug /Cue t1TM aauuploaau Ut u0 felpatual £i ssaoau IIu Ox11 HMIs 102121101A1 `Juana 111 tans ul •iCiladoid alf 2u!u100U00 Mul Iefuauluo.nnua /flu JO UOI1EIOIA 1 Si a1a41 10 /f1Jadold 041 lnoqu 10 Joplin `uo 8115000 aotnisgns snop11z1H u 3o aSealal pauallaJtl 10 amp.' 13T Japual 1iJpou iCTa114patuutl lilts 1aalloyv mul leluatuuo11nUg a(g10T(dde Niue g1IM aaul4Tduzoo I(n3 114 UI1UIOI hugs put `011 `uaaq 0A114 111Uu31 C.IOna ptn JO a11ojA1 `Japual 01 5uT1um uT pa2palmoup1 puu pOSOJOSip AisnoTnald s1 1da0xg g •'C11ado1d aj13o am-maim= put asn (1tu1ou 0141103 al1udoldde aq o1 paz{u2o0a1 ii11u101I0 011 legf saOU1lsgns snoplez1ll 3o sa1111trenb Hulls of Aiddu Jou saop uo41a!Isal 8441 4lladold 0141 111 Jo uo pas10Ja1 10 palols 'mum! aq 111M 10 sr aOU11s4ns snop11z1H 011 `Japual 01 SUi141m ui pa2palMOU put pasoJOS4p AIsno!nald se idaoxg •V :1141 sa0J& put s1u1111M `sfuasaldal Jo2121J0IA •Mil luluatuuolrnua Xu1 Japan „00tnlsgns snoplez1q„ 10 „alsum snopluz1t„ „`saDu11sgns 04x01„ „`1 snopl1zuti„ s1 pauijap saati1lsgns Aug `uo121111114I Jnoglrm `sapnIOui tun) 0141 •1UauzuolTnua 10 aJe31aM `ICla31s `414104 oggnd 041 0l snola &u11p iCll1rfualod 10 sno10&1p a0u11sgns all Japual 140ttM S011s11a1011140 8114 4OItm lueultu1luoa 10 lmelnilod 'OISITM '4141011111 snopllzug 10 an41aeoip11 `04x01 /iuu sueow a0u11sgns snop11z1H (Z) Pau `aauelsgns snop11z1I{ 1 10 IUOUTUonnua `a1e31aM `Ames '41(104 aggnd 0141 UT11a0uo0 sJa11aI On41aJdJalu4 10 suoiuido i(au1o211 'sow moo `saOUeuiplo `suop1maal `sM14 41001 p111 awls `4elapa3 1ag10 (T1 pu1 `(•bas 1a 1096 °D•S °fl Zb `V'1J21g3) 1OV I11(ig pue uo1l1suadmo) `asuodsag reluatuUOl4nug anTsua4aldutoa 041 `uo11111unj lnogi(M `8reatu mu-1 111u0UIUOJ1AUg (I) `u01J008 sup ui pasn sV 'Sd)NV,LSTIfIS SflOQNVZVII QNV SMV1 'IV1 IaI\INO2IIANd '9I •asla(a1 tons 3o moo uoi11p1o0a1 iSu1 Jo3 X1d o1 sa0.TR1 1021211ow •pas1a[a1 (pun 1Oa33a it! 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Any excess will be paid to the Mortgagor. If the Property is acquired by Lender, Mortgagor's right to any insurance policies and proceeds resulting from damage to the Property before the acquisition shall pass to Lender to the extent of the Secured Debt immediately before the acquisition. 19. ESCROW FOR 'TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Mortgagor will not be required to pay to Lender funds for taxes and insurance in escrow. 20. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Mortgagor will provide to Lender upon request, any financial statement or information Lender may deem reasonably necessary. Mortgagor agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to perfect, continue, and preserve Mortgagor's obligations under this Security Instrument and Lender's lien status on the Property. 21. JOINT AND INDIVIDUAL LIABILITY; CO SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Mortgagor signs this Security Instrument but does not sign an evidence of debt, Mortgagor does so only to mortgage Mortgagor's interest in the Property to secure payment of the Secured Debt and Mortgagor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that may prevent Lender from bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may include, but are not limited to, any anti- deficiency or one action laws. Mortgagor agrees that Lender and any party to this Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any evidence of debt without Mortgagor's consent. Such a change will not release Mortgagor from the terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Mortgagor and Lender. 22. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrument is governed by the laws of the jurisdiction in which Lender is located, except to the extent otherwise required by the laws of the jurisdiction where the Property is located. This Security Instrument is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 23. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one mortgagor will be.deemed to be notice to all mortgagors. 24. WAIVERS: Except to the extent prohibited by law, Mortgagor waives any right regarding the marshalling of liens and assets and all homestead exemption rights relating to the Property. 25. OTHER TERMS. If checked, the following are applicable to this Security Instrument: Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. Construction Loan. This Security hTstrument secures an obligation incurred for the construction of an improvement on the Property. Fixture Filing. Mortgagor grants to Lender a security interest in all goods that Mortgagor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument suffices as a financing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] Condominium Rider Planned Unit Development Rider Other Additional Terns. SIGNATURES: By signing below, Mortgagor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Mortgagor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. (Signa ure) DENNIS J. (Date) ©1994 Bankers Systems, Inc., St. Cloud, MN I1- 800- 397.2341) Form RE- MTG -WV 11/18/94 ACKNOWLEDGMENT: STATE OF .WOMTNG COUNTY OF 7 7 a477-/` (Individual) This instrument was acknowledged before me this 3 QTH by ?T5.. HEATZX AND WI M...�T X, My commission expires: (Date) ss. day of NQV -ER, 2.4.QQ (Notary Public) (page 4 of 4)