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<br /> � ..4..,,` : �?.�� . `�� ���t;����� Ie�anuII� n and inspecdoas of the PmpertY.Leader sltall
<br /> ' ` g ias�d8. �rzad�ot ita agent ma➢make��b � ��sonabte cause for the tnspe�fon. �:
<br /> . �����, g[ve Bonowrer ttotice at the time of or prior w aa inspectinasp� �
<br /> <.: � iQ.Cond�atton. Tlt�proceeds of anY awar�ar c,Taim�damages.dir�ct or oonsequeat�at,in wmmecdoa aiih
<br /> �•y �,;:.. �.`' art of the Pmpesty►,or for coaneyaace tn tIeu of co�aiema�tioa,aYe geRbY -
<br /> ' , �..�.h.` aay ooademaatioa or othert�ing of any p _ �__
<br /> � � .• k.°:':. assi g a e d aad sbail be patd to l.$ader. ��o�s h a U 6 e a p p l i�0 w t h e sums seiv�ed b 3►tLis Sazutm
<br /> �� In the eveat o T a m t a l t a k i n g o f t i�e F r op e c t y. �-�
<br />- � : .s. , tnsttu�eat.whether or not th�due,wlth any esces__s pa_id to Horrower.ln tbe event of a parttal takiag of t�t s Ympect5►
<br /> wtiich tfle fais marlcet vaIne di tRe�c+npett5+�ate�Y before the taldag ise�ust w or pteater thaa dte�nunt og the , �'-
<br /> . - sums s�aired by tbis SecarIeY I n s�a t�Y b e f o r e t he takiag.n a�t�s-S o m o w e r a n d LeQder atbetadse a g t e e in �,.
<br /> r�' w:i t bg,t h e s u m s s e�u r e d b Y t fi s S e a u i t 5►t n s�s h a l i 6e r�ineed by�tte amrami of ths pro� c�eeds mmiltIPlied by the i�._
<br /> " follo t�►i ng fr�ton:(a}the totat sm�unt�o g tLe sums sectued immediatelY befare the t a�n�.d i v i d e d by(b)t h e f a t t m a t k e t �
<br /> ,',°'` ;,.; .-` value of thc prop�ty immPdiatelY hefo:e theq�ng Aay balance sha11 be paid w Bomawet.Ia the event of a partial taldu8 �;
<br /> `c , , ,;�:. af the ProgertY�a ivld�the fait ms�ket value of the PmPerty►immediatelY 6efare the tatdag is tess than the amnunt of the �:,'
<br />- . .. °�. `��� � sumg seaued im�iatelY is�oie the taking.�mIess Boao�a►er and 1.eadEr othscwise agree�a wrItinB or unles.s applica62e �,
<br /> .,.,,:.;-� � � law othe�wise pmvides,the ptoo�ds shaII 6e applIed w thr smas seaued by this Seauity���ar not the
<br /> � 'r°� �` �Snm.9 8ie thetl dIIe. � � �.
<br /> `.°_: :•:: "�:. If.the Pmgecc5►is ab�dau�by Ennow�,or if,a8er notice by Leader to Bosrovrer tt�at the cande�or offets to =
<br /> °,, <: .:�''.;"'. � �ma�e an aaiar0 or•s�tle a da�for damages,Safrowet fails w r�spond m I�ader within 34 days after the date the a�tice y_--
<br /> - is givea,Leader is�d to ooltect aas��spiy the pmc�s•ai iis option,either w mstorat�oa or repa[s of the I'roperty _
<br /> -. '�� '� or to ihe sums s�by tHis Se�rit9 Inst�,whether or not then due.
<br /> °:; : �� . 4�' Lialess Len�det aad Boaawer otheiwise agcee ia wriling.anY apPli�ion of pmcQeds w��1 shall nat exten�l or i_
<br /> �`�.:'s�.�".�� , : - pnstpone the due daze af d���tygaymeats�efeaed w ia�ag�hs 1�d 2 or��ean of�tim��for D�O1 i'
<br />�:ti ",°.:�,:..:; • � FarEteaaranoe B9 3.�der- Not a Wuiver.
<br /> .• �>�:,£ - !1. Bomower Nat I�d,�s �n �i��1iY���O apY suo�or in tnterest —_
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<br />:',,�;,,�,.� .•_. �= modil'u�onofamorti�atioaaf�esumssecuxedbytbis
<br /> •.,�.� •� of Bo:rower shall nut ogetate w rel�ase thel�itY of t�}e ori Bomuwer or Eormwer's sacoesso�s iu i�te�t.leadEr
<br />- _,' � r:.;.`� s$alI nut be reguired to commaeace pmoeedi���Y�or in�St or refose w ext�d t�me far as --
<br /> •� :�,;�':�'��•` otheiwise�achfy a�tion of i�e a�s�1�Y..t�s Seauity Insu�e�by reasoa of aay demand�the =_
<br /> � ;:�;." .�i ' � orig�nal gormwa or Botrower's sncc�oss in''��f�orbwiaace by I.ffider�a ea�8 aa9 n8���9� _
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<br /> � � ndt be a waiver of orpieclnde the exet�Ise of �► �Y• o� .
<br /> exet s ��. ������
<br /> '�, £ . 1�.Sucoessms and�Bo�d;d aud S��ra1 Llabitiiy;
<br /> ..��•.` this SeC�uriry Instniment sbaII ind �d beuefit the saa�ssoss and assigns oY Le�der aad Borrower. ject W the y
<br /> . :. pmvisions ofp h 17.Borrawer's ooveaants an�a��sbaU be_�oint and sevetnl.AnS►Bormwer who ou�gns .
<br /> �..�._. __�,����;.1 . this Secacity Ti�t but dces not eaocute the I�fote:ta)is�9�g��Y�°�to raostgage.�t
<br /> ,:� �, �. �'�: .;. aad co�vey thai BonowePs inte�c in�e Pmp a�d���of this S�y��:o� � . �
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<br /> - � obligated to pay the snms secu�ed bq tbLs Seauiiy aud(o) that.Lr�der and aay,
<br />_ . � �; w extenA,madify,forbear or a�ake aay aax��odatioas aith e m the t�cs of this SecantY
<br /> . ' �� � ;:� ate without that Borr+ower's oonseat.
<br /> . ..�,:, . 13.Laan�. If the loan�by this S�tiry Ins�t is sn6jest to ���be oollectedE�in
<br /> `, �,, . � chaigeq, aad thaa law �s fma11Y interpt�..so tUat the �t or ot�r lo�n ci�es
<br /> � ' ' e, limtts. then: (a)a�+s�h loan c9focge al�all be mdused by _the aanouut
<br />� .� .: `; .. ; c,onnecflon arith ihe loan exceed the pe� sums alread oo�from�omawec w1W�►exceeded
<br /> ��r;;:��.`. �,•V� �oessar�r W rednce ihe charge w the a�tted 1��u'i{b)�Y � the al owed
<br /> :.Y�y C!!.: ' tl�f�_�11����w� ����coose w maIce tUis�tnd 1tY teduc�g P�P
<br /> ��iued„�w w,,, �f a reli�uud zeduces a1.the�edurtion wjll be�ed as a
<br />-.. ���`�:�.;.,� ' �.�. �izt the Note ot by making a ditect payment to Eotra`a'�az: P�
<br /> . . r ��:'�;` _p�p�p withaut any prepaymeni c�asge u�r the Note
<br /> '�. .�,;�: ,;.�.�:.; . . 14. ot��es. Any aotioe to Bo:rawee for in tbis§ecattiry�ns�mnent shall be by defiverffig it or�+Y �
<br /> mailing it by first cla,�s mat!un2essappli�cab e law nequic�s nse of aaother method. 'lY�e�a�l be dhe��to the
<br /> � ':�.�y pcogerty Address or aay athe�address Bonuwer designa�DS►notice w Lender.Any notitx ta 8�ader shall be given bY
<br /> . ; fast class mail to I,ender'��af�stated heiein or any a�er addre�s i�ender designates by noti�to Bo�mwer.Any nosice.
<br /> . . �'.'. ,'' �.i in�for in t�his Se�lcS►I*�"a�eat.shaU be dcemed w have been gh►en to�rrow�t as Lead�t when giv+en as provided
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<br />-,. . . .. ..�.,� , '. ��„�OOesdn�Law;Se�erabi�. �Dis Secusih►Insaament sba11 hc govented b�faleraD taw and the law o=the
<br /> �u�sdiction in which the Ptopeity is tocatz�.Ia the event that aay pmvLs�oa ar clanse o tt�is�ii3+1n�e PIote �:
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<br />- �• '`: :```� � � �iote conflicts withapp]uable taw.such eonflIa shall not gffea oiher pruvlsions of tLis Seauity� .
<br /> �� wl�ic�c�►n be given effecc without the oonflichnS Pmvi�'c�.To this end the provlsions of this SecantY Ins���t and the
<br /> : . .:�`�'�� ., � Note a*e declare�l w be severabie. �. , ..
<br /> "� ' • ;� �_:� , 36.Bomaw�s�opy. Bomawer shall beg�ven one canfor�ed wpp of the Note�d of this L^��. _
<br /> � ,` ., ,. -� ;':*: �.;� . 17.Z�eansf�04 tlze piu o��Bea�ldal Inteses!i�Borrower. tf aU or any Pa�t of the � or aay .
<br /> - � . �'�� '�`:" yntemst ia�t�S sole at uansfen�ed�I ff�i��eficIal iatec+�t in Bonower is sola o:��a�in ti�il o all .
<br /> �= t:' -
<br /> � � n�ua]petson)without Lender's prior written consent,IRndermay.�a�t its optfon.�cialre _
<br /> #�.:.;. ,,•�: .' .'.._ . 01 �opflon shaII nat be exercisod bS►Leuder if exen�se is pmhibited _
<br /> s�s secure�by this Seauiry fnsuament.However. .. .
<br /> t .. �_.�� °.,: :� by f�eral laa►as of the date of this SeWrity Instcume"� de a e�iod�
<br /> �, ° x' y If Leudsr exen�ses this option.Leader sball give Bo:roaver aflttoe of aoceleration.The notice shall� sp� _-
<br /> �� .:. '��,,�.. . ��.;;- of aot less than 30 daya fmm the date the notice i9 delivered or mailed anthln whic��o:rower must pay ._
<br /> :;�st . �nn soza e�so ive�a o�sl :_
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<br /> � ' ' �� BANK£R4 SYSTEM4.INC..ST.ClOUD MN 68302 U�800�39'7-23411 WRM�D1�NE Y19181 � __
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