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<br /> , includln�tloads or floodin�, for whlch l,cndcr rcqulns insuY�.Thb inauru�ca�h�ll bc m�int�lixvl In the xmo►mt��cK1
<br /> - for the pedalt thu Lcnder ceaulces.The insur�ncc curier providln the inwrmoe�hdl be cho�en by Fbrrowtr�ubJect to
<br /> - L.ender'� �pprova which sh�ll not be unrcxu„ubly withheld. It�nuv�er f�lls to maint�in rnveraYe descrlbod above,
<br /> � L,ender m�y. u I.enckr's optic+n,obt�ln wvera�e to protat Ltndet's riRh1�i.n the Pcopeny in+►ccorduice with pu�t�ph
<br /> - 7.
<br /> ' All in�nr�+r�ce policle� enA renewd� shsll be�ccep►�ble to L.entler� th�li inc�ude a stuxlanl moctg��e cl�usa.
<br /> I.ender shaU h�ve the ri�ht to hold the pelkles�nd cenew�l�. !f Ln�ec roquirc�, Bamowar ei►�II p�o��ii:�ly�Iv:,to Lcnd;.r
<br /> all rocoipu af p�id pnmiums u�d renew�!noti<x+. in the evrnt ot los�,Bon+ower�hall�ivo pt+nmpt notia to Ihe irouc�na
<br /> - wrier ud Lender. Lrnder�auy malce proof of�if not�promp��Y by�;��1 he�p{slied ta rcstor�tion or r
<br /> Unlas L,ender u�d Bnrmwer otherarise ree in wdt p
<br /> of the Property daw8ed� If the restoratlon or rep�ir is ocuaomic�ll}►feaslble and l.�nder's security ia not lakrjed. 1 the
<br /> restoruion or rtp�ir is not econo�nic�Uy feaelble or T.e�xler's�avnty would be la�ene�1. the in�unuxe procoeds s1►�11 be
<br /> �lied to th�sums socund by this Security In�tcument,whether or not then due, with�ay exceup�id to Bortnwer. It
<br /> � Borrower abandons t6e Property, or doa not eoswer within 30 d�ya�aoticx[rom L,eudar tbat the insuranx canier h�
<br /> Y the Propcny tor to p+�y sum�.�socux�r by ythi�Sesurity Instiumrnp�whether or aot�d��'Ihe�sy�pe�ar will be��ia
<br /> when the notice is given.
<br /> �J�ps{,,��and gQrcower othtnvisc agroe in writing, any licatlon of procceds to principal shatl not extcnd or
<br /> s
<br /> postpoae the due dace of the�aond►IY psymrnu refcrrod to in pu�r a 1�od 2 or chaage ttk amount of the pxY�t�. !f
<br /> under raph 21 the Pcope�ty�s�q uirod by l.ender.Bonovver's dght to u�y inwrmoe{wlicies and proceafs rewlting
<br />— from�a to tbe Prop�ttY Prior t the aoquisition s6dl p�ss ta Lender to tlje eateat of the sum�sxurod by this Securiry
<br /> J Instmment;mmediately prior to We�cquisittoa. g�,rown.•� Lo�a A�Ikatiooi
<br /> f. OawPucl� Pneer�'Nlw, Mai�taMSee aed 1lrotedloa oC tLe Pro�aty:
<br /> Leauhold�. Borrowa ahill occupy�eat�blx�li.,�nd use the Pnopecty u Borrower s principil�+esidena within aiaty day�
<br /> after the execution of this SSe�cctuiry Insttum�sr't�nd.shtll oontinue w occupy thepropecty�►s Bormwer's principal cesidence
<br /> for at le�at oae yeu after the due of oau�cy. wileas L�eoder otl�ecwiso agra�tn wrlting. wbich oonseat tt�all na 6e
<br /> unreasombly withheld.or uu]ess extenuating cimuactanas eaist which ue beyond BorrowePs oontrol.Borrower atall not
<br /> destroy.�e or imp�ir the_Frnpert�r, allow the F�'oP�KY to deterbrate, or oommit w�ste on the Pmperty. Bocrower
<br /> ahall be m ck ault if aay fadr.sture icnoa or p►ocxeding,�vhttl�a civU or cdmin�l, is beaun thu�n L.ender's�ood faitd
<br /> �ud6mrnt oould reault in forYeinue of the Propaty oc c�therwi�e maud�ily imQsir the lien creaced by this Security
<br /> �astzumeat or I.e.ader's secunty interest.Bomowec may cure auch a default u�d niasate.�s providod in pu�grsph 18.by
<br /> causing the actioa or penceed'�ng to be dismiased with a ruling th�t, in Gender's good futh detamin�tion. prectuda
<br /> forfeitnn of�he Bocmwer'a interat in the Pro[►erty or other materW imwtrmwt of the liw creued b� this Securicy
<br /> [ustniment or l.eackr'a aavrity antec�eat.Bornower shall s'9u ba in defwlt if�ormwer.durin�the loaa�ppl�catioa prooes�,
<br /> gave m�teriaily faise or inacxxuaie;,uuiw:uvs i,.-uc+��325 :C L '�.�...'�:{O:��•1 rn Fmy--- len�ler with �MI t1l�ttfl�l
<br /> info�matioa)in oocmertiun with the loan evidenced bY xbie Note,inciudiag,but not limtted to. rept�aauttioati cooamia�
<br /> Borrawer's oocupancY of dhe Propeity as a pRneci�l res�3eace. It this Securiry I�tmmeat is on a laediold�Borrorver s}Wl
<br /> comply with dl tl�e pmv�sion�of tlse lcss�. �f 8orco�+er acquira fa tide to tha Property.the le�ed�old�ad We fa ade
<br /> shati not mer�e wiiest Lemder agtees to th�merger ia wrNting. '
<br /> 7.Prateetfoa ot I�'s RiR6ts W the Y�+opatY. If Boirowa fails to perform tl�e coveamta aad
<br /> oontainod in this Sacurity [a�^dment. ur tLere is a le�al�+rocsodinE thu tnay d$nificantly affect l.eadet's ri�
<br /> FroputY(such�a proceeding ia bmlc�uptcy.Prob�te,f,x co�ioo or firfnture or to eafoe+a laMS or regui�tions)�
<br /> then Lender may do wd pay for whuever ie uooessary to protact the vdue of dx Pcoperty and L,ea3cr'� riA�u in!he
<br /> propaty. L�ender's actioa� m�y include paying my sums saured by a llea which h� pdority ova this Sxun
<br /> Insnumeat. in court,pa Ying raaoa�ble utorneys'foa and auaina on tbe PcopertY to m�loe eep�in.AIWou�
<br /> L�eader m�y aaion under this 7�Irader d�xs not t�ve to do so.
<br /> My�rnoants d€sbursed by�r under this px�graph 7�hall become addltlon�l debt of Bon�owa secured by tht�
<br /> Security Inanuneat.Ualess Bomnwer�nd Lender sgre�e Qo ahaterms of paymmt.drae unounts sh�ll bar roterat fmm
<br /> the date of disbnraement at the Note rue aad sLall be payable. with int�eat� uQon ootice fmm I.�S�r to Bo►mwa
<br /> ���5 N�'Imu��ncs. If l�endex n�quiral m+mg�ge imuruioe�s a 000ditbn of mikiag the lo�n secured by this
<br /> SecuritY Inmumant� BnR+nwer att�ll pay tho pc�ai�a tequicnd to auintata the tnong�ge inwr�nce in effxt. If,for any
<br /> er,�son, 1h� awrtg,�ge insnr�onae cover�ge requirod lr,� �I.��nder I�saa or oe�s�s to be in e`Eoct. Borrower alWl pay the
<br /> pn�►uiums re�qv�m!to obt�on�ovenge subataot�al!y e���lent to the mortg�ge insur�noe pnwtously in effxt. �t a caat
<br /> subataat�y�r:v�lart to the cost to Boimwer of�be ur,cxtgage insuruLOe previousiy in e�oct.trom�n alta�nate mortgage
<br /> imunt approvac�by Lpider. If substanti�lly equiv�leat mortgage insuraooe oovenge u not avail�ble,Bonowa s�U PtY
<br /> w t�eader cach month a sum equal to one-twelfth of tLe yearly mortg,�e ia�unnce p�enuwn beia8 P�id bY Horrowe�wde4
<br /> tbc ansurmoe covar�gc lapaod or aasod to be in effeet.dxnder will�cc+ept�use�nd ret�in thpe prymaits as z loas reaervc
<br /> in dieu of mortg�ge insurana• L.oss raen�e piymemts may no langer 6e roqumed, at the optlon of Leader. i�F inat�e
<br /> - ins�uanoe coverage(�n the amount�ad for the perbe�eh�t L�rnder Kquires)providod by u►insurer�ppmvod b� x.rader
<br /> o��in beoomes av�[iable and ia obt�inM. H�ocrower s't.a11 piy the premiums roQuired to rnxintaia martgage inauraaoe ln
<br /> effect. or to provlde A losc nserve. uut�Y;t�e roquirement for mortgage insunnoe ends ia acco[+daace with any wrltten
<br /> agreemenc becween Borrower u�d Leader os applicable law. �,,.,aoxe er90 rp+ge s o�s�
<br /> R/WKEI�"i SYSTENIS.INC..ST.CLOUD,MN 6030211-a00497•2J�11 FOHM MD•1�HE 2/6!!I
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