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<br /> . � 97-� �048�3 c
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<br /> ' above descrfbed actions or claims. Grintor assig�s to Lender the proceeds of any award or claim for
<br /> damages connected wich a condtmna.tian or other taking of all or any part af the Property. Such
<br /> p�oceed Pnt�o�f�roceeds r is subject�to the terms pof f any Sp�or i�mortgage, deed ofnt�ust,esecu�ity __
<br /> assignm p
<br /> agreement or other Ilen document.
<br /> 19. INSURANC& Grantor shall keep Pr�perty insured against loss by flre, flood, theft and other hazards
<br /> and rlsks reasonably associated wtth the Property due to its type and location. Thls insurance shall be
<br /> � maintalned in the amounts and for the periods that Lender r�qufres. "fhe insurance carrier providing
<br /> the insurance shall be chosen b�y Grantar subJect to Ler►ders approval, whlch shall not be unreasonably
<br /> ob a nl cc�ve age tto protea l.m,en��r�s r ghts�in the Properry�aa rdfng ioeihe te��ms of chis S curty
<br /> Inst�ument.
<br /> All Insurance policfes ana! renewals shall be aueptable to Lender and shall include a standa�d
<br /> "murtga e clatase" and, where ap�pl�,.a'b1e, "loss payee clause." Grantor shall immediatel notify Lender
<br /> of cance�lacion Qr ��u3��s��Grantar�shalluimmeiliately give to�i.ender all teipts of p�1id prem�iums and
<br /> renewals. If Len�74r r q �
<br /> renewal notiees. Upon foss, Grantar shall give immediate notice ta the insurance tarrier and Len er.
<br /> � lender may make proof of�oss if nat made immediately by Grantor.
<br /> Unless otherwise agreed in writing��a1� ��e her op ot then du'�,�a L�ender's�op�tfor�e Any a�ppUcatlon of
<br /> � of the P�op�rtY or to the Secured D bt,
<br /> proceeds to prindpal shall not extend or postpone the due date of the scheduled payme`s cquf�n9e
<br /> the amount of any payment. Any excess will be paid co the Grantor. Ifi thr. PrapercY W
<br /> befo e�th acquisitionrshallnpassst� Lenderlto che excenc�o�mee�.u:�d ��t�lmst�s'�4�*"!%'hf'"f�ore�he
<br /> acqulsiticn. Grantor
<br /> 20. ��qyy � TpXES, qNp �NSUf�ANC� Unless ocherwise provided in a separate agreement,
<br /> wl�I not be requl�ed to pay to lendtr funds for�axes and insurance In esc�ew.
<br /> . 21. ;N����a��a��+t or�nf�arti�o��n Lend�mayEdeem �asonibt�llne�ceisa�e�y��antorr ayr�ees to sign,
<br /> y n
<br /> delhrer� �nd flle zny additional documents or certiflutlons that Lender may consider necessary o
<br /> perfect. contlnue, and preserve Grantors obligatlons under this Securiry Inscrurr�nt and Lenders Ilen
<br /> N status on the P�opertY. �p ��G� �p�p, q�� dvties
<br /> JpINT AND INDIVIDUAL LIASIL.RY: C�SIGNE� SUCCESSORS
<br /> �. �2� under this Securiry Instrument arn oint and indfv dual. if Granco� signs this Secu�ity tnstrumene but
<br /> does not sign an evidence of debt, �rantor does so only to mortgage C,�ahtors interest in the Propa'tY
<br /> to saure payment of the Secur�d !)ebt and Grantor dces not agree to be personally Ifable�antor
<br /> � Setured Debt. If this Security Ins�tturr��t secures a guaranty between Lender and Gra�tor,
<br /> agrees to wahre any righcs that m�y prevent Lender f�om bringing arry actfon or clairro��gainst Grantor
<br /> or any parh► indebted under the obligation. These rights may include, �o this Secur tytlnstrumenC
<br /> �nti�defldency or one-action laws. Grantor agrees thac�ender and any parN
<br /> may extend� modify or make an change in the terms of this Security Instrument or any evidence of
<br /> debt without Gnntors consen�t�IShof th snSecurity /nst�urnentGshall bind and be�eflt thehsuccesso s
<br /> Instrument. The duties and
<br /> and assigns of Grantor and Lender.
<br /> � 23���G� �W, �ry���,Ry� �NTEapRETATION. �'his Security Instrument Is governed by the laws
<br /> R11
<br /> of the}urisdlction in wl�ich L�ndei• is located, except to the extent otherwise required by the laws o t e
<br /> Jurisdieclon where the Property ix located. Thls Security Instrument is complete and fully Integ�ated.
<br /> T1Us Security Instrument may not be amended or modifled by oral agreement. Any section in this
<br /> Secu�ity Instrument� attachments, or any agreement related to the Secured Debt that conflicts wlth
<br /> appIlcable law will not be effectfve unless that law expressly or impliedly permfts the variatlons by
<br /> written agreemenc. If any section o�this Security Instrument cannoc be enfarced according to its tenns,
<br /> that sectTon will be severed and will not afFect the enf�a�f���1► andh heepluratlethef singula�r.uThe
<br /> Instrurnent. Whenever used� the singul�r shali,'°iC�ty,de�• t e for convenfence only and are not
<br /> wptions and headfngs of the setcions o�thls Sec�cS!�r�th��ru nt. Time is of the essence in chis
<br /> to be used to interpret or deflne the terms bf'th,t ,SetU�fh,4ns��
<br /> � Security Instrument. ''"" ""'��
<br /> .w�...µ
<br /> 24.SUCCESSOtI TRUSTEE. la3nder, at Lenders uptlon, may� ftom ilme to time remove Trustee and appo�nt
<br /> a suceessor trustee without any other foamalitC�eed tohaltl the tatl�e� �power�tand duties conferred�upori
<br /> without convey�nce of the Property
<br /> T�uscee by this Security Instrument and applicable law.
<br /> O 1994 t�Ncen SYsums.mc..St CWud.MN (t E00-197 23411 Form GTN MTGUiIN[ t0/11/9�
<br /> GT t S 26090 t9/4s) (NN s e/61
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