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<br />.r,. _y. ` including flooda ot flooding,for wWch Leader requicea ineuru�ce. 11►ie imuru�oe ek�l���������0���d =
<br /> , � for the pedoda thnt Lenderrequires.'Ihc inaurance cer�'ter provi;ling�w�er faile to�maitttain cover ge�descdb�dbib°ve� —
<br /> y :� Lender'e approval which shdl not be uare�sonably withheld. If Bo ��td��wi�p�gnph
<br /> Lender msy,at Lrnder'e opdon,abtaia covera8e to pmtect I.ender's cighta 1n Ihe ProPercY
<br /> ::� 7.
<br /> All lnaurance policies and cenewels chaU be ac�:table to l.cader suid shull include e stanndnrd u�o iV a8���d�� "'
<br />` ^� I.endar eh�ll have the r14ht W hold the policies and renewals.If I.eader��r Bh�aU�give p mpt notict to�he lneuru�ce —
<br />:;ig�'3""''° aU receipte of paid premtums and renewal notices. Ia tbe event of loaa, --
<br />'.< curler an d i.e a der.L�e a d e r t a a y a u k e pm a f o f l o s s i f n o t a�d e p m m p t l y b y Borrower. l i e d ta r e s t o r a t l o n o r �i r "
<br /> insur�ce proceeds ah a l l b e apP
<br /> Unless Lender�ad i3orrower atherwise agra in wdting -
<br />'f'�' ' . � of the Property deuu�8od. if the restor�don or repaic is economically feasible and Lender's secudty is not lessened•I the
<br /> � �' restaradon or repair is not 000nomicaUy fe�sible or Lendet's sauritY would be ltsseaed.the insurance i�sh�l`•� �
<br /> app1ied to the stuas se�vred bY thiA Sec��3'��At' whstha or nut thea due.with s�aY �x����ler bas =--
<br />— . Bormwer abxndons tbe PropertY.or does not enawer wIthia 30 daya a aodce fram L.ender that tht
<br />�'�;�-.'.��.;^` offered to settle a claims t�s�ure�r by yth�s�wr�ry�Ine�tt w�hethe=on ot t�hcn due�.h'Ihe 3�0-daY Period wW begln
<br /> ".::^s;`��; " the Property or to p Y
<br /> ;��' �� whcn the notice is givea. lication of proceods to principal eball not extend or
<br /> ,:.� :�� UNas Lender�ad Borrower otherwlse agra ia wrlting,nnY aPp 1 and 2 or chaage the wnount of the paymenta.If
<br /> '� ..';;:;;,�a� t s r e f e t r o d t o i a pu hs l iC ies a n d p r o c e e d s r e s u l t i n$
<br /> u�;,�...,� Poatpone t he due d a t e o f t h e m o n t h l Y P 9 1 Y� �
<br /> under part�graph 21 the Prapert�is by La►der.Borrov�a s riBht w u►y insuru�ce Po
<br /> `'�.�,-;' from demage to th��e PropertY Pnor to e Acqussitioa shall pa4s w L.cnder t�the extcat of the suu�v secured bY tbie Secuxtty --
<br /> "' ���`r�: Inatrument imaaedlately rip or to We acquisidon. g�o�+a Loan ApP��tton;
<br /> ::r.'i"�`� 6. Oa�upwncY,preservation� Mwintenanoe and Protectton oi the Pro�erty;
<br /> •, as Borrower e pxdncipal residenct withiu sixty days
<br /> I.ensebolds. Borrower ahall accu�y,estalslish. and use t!►e ProP�rtY -
<br /> ;�'''�'a r" � after the executtoa of t6is Securlty Insmunent and ehall�untinue to occupy the Prope�Jn'�n w ch cot�sentpshali�no�6e
<br /> '1`''�'���'��' for A'c least one year after the date of oceupancy.unless �.ender oWecwise sBrees�n S+
<br /> '.;''�„n:- unreasonably wit�h7�eld,or unless extenuating circwnstanoes ex9xt which s►�e beyoud Borrowrar's wntml.Borrowergorrower
<br /> :�=�`�"'�• } destroy, da�a�e ar ?tnpair the Prnperty, allow We Propet�y to deter'sornte, or commit wasu ou the Property.
<br /> '`�q��'"'� shall be in default if any forfeiture acdoa or proceedin8,whether clvt! oi criminxl. is begun tbat�n Lender's good faith
<br />-�``;`'��+:- � 9udgment could result in forfelture of the Ptopercy or oihervvise matet1�11Y �P� �� llen created by this�a y
<br /> �' �:�i4,,� - �nst�ument or I.ender'a secutlty intecest. Aorrowa ma�cure such a default and reinstate.as pmvided in paragraP .
<br />�;,.,':`4Y' . y
<br /> i�;+.,{�,+..'t'� causing tl�e action or procading to be di�nnissed ant� a ruliag that. ia Lender's good faith detern�inadon, PTe�lu
<br /> •;�:`1,��'�,, forfeiture of the Sonrower's inte.xest ln the �raperty or ottrxr materdn! �mp�irment oa the 1'ith�e lo�an��pplicatton proceaen.
<br /> .::,;�;��e- 1DSZIUIUCaL OT LCIItI2i 5 S`�wua"R'�3SSL�."=SI.RL?SC�Wlt 6}19II 8150�)C�II I�CFaUlt 1'f Bonrower. uEw$.
<br /> -;��''�:�� gave muerlolly ftlac or Ineccucxte info�tion or squementa to Lender(or iaiiai eo prov�ao i.c,i�r+ �'i ons concerning
<br /> ::�� int'ortauion)ia connaKion wlth tt►e lo�a evidenced by the Note,including.but���`�Q.�nP���W�atuU
<br /> " = Bortower'e occupnncy of the Property as a principd reatdence.If this Security
<br /> = comply with all the provlsions of the leaae. If Bomower acquires
<br /> fa title w tho Propert3►. th�leuehold and the fa tidc
<br /> .,� ehaU aot merge unles�Lender�greea W the marga in writing. �
<br /> 7.Protectlon ot Leada�'�Ri�hts fa t6e Propaty. If Bomower faila to perfonn the covea�ate w�d agracn�
<br /> — h thu may sig�tiflcantl�r�ft'oct L�der'e rights!n the
<br /> _ �qlned ia thi�Security Inatrumeat, or there it a legv pcoceodln8
<br /> property(�uch as�procaading in builwpteY�Pcobate� for wudamaition or forfeiture or to eaf�l��r�e dg�hta ia the
<br /> thea Leader msy do�nd pay for w6uever ie neceseuy tu Pmcect the vdue of the Property ty
<br /> -_- p�,operty, L�der'�e �ction� m�y iuclude psyln any �uau sxured by a lien whlch 1us Pto�mike r�cp�tn�Altheu8h
<br /> lnitzuaxnt. ia c�ourt, .y�na�o�f atwmey�' faa�ad enurin�oa the Pmpesty
<br /> - ��y��ao��a 7.Len�ler doea not tu�ve to do�o.
<br /> My amounu disbuned by�under tlils Pua�raph 7 sh�ll Uocome additton�l debt of Borrower sec�u�ed by this
<br /> SacuritY Instrumeat.Unla�Borrower aud I.enda agroe to othet u�s of payment�theae amouau aull be�r intereat from
<br /> the d�te of diaburxment �t the Note rate And�hall be paYable. witli intereat. upon notice from I�ender to Borrower
<br /> �1��6 WY�t• . If I.rnder requlrod mortgage iasuruice u a condition of m�kin8 the lwa exurod by thia
<br /> 8.Moetp�e 1aa�ranK
<br /> Secudty Itutrumeat,Bomowa�hall pay the pmniwm roquired to m�int�Sn the mortgage ineuraooe in offxt. If� or�ny
<br /> rwon. the n�ortgage inauran�ce coverage required by Leader lapses or cesieca w be ln eff�ou:lymia effax, a�i cw�
<br /> prea�iums required w obuin cover+ige aubat�ntidly equivalent to the mortrgev�iousl��epct�from an altemAte mortgtge
<br /> snbctantl�ily equivaleat to the oost to Botrower of the mortgage insurance p Y p
<br /> iusucer�ppmved by Leader.If substwti�llyequivaleat mortg�ge insur�e��p°reimiu�atn be n8 P�d bY Bom�ower�whea
<br /> to La�der each month a sum equxl to one-twelfth of the yeuly mortgag W�s a loss reserve
<br /> the inanraxx coverage lapeod or ceued W be in effect. Leader wi11 acapt,use and ret�la thae DsYm�a if moscg�Se
<br /> —� ia lieu oY mortgage insuranx. Loss rexrve paya�eau may no longer be requiral, at the option of La�dered b L,mder
<br /> insurance coverage(ia tbe amount and for the pedod that Lender requires)Provided by s�n Inaurer�PP Y
<br /> �j.�T��+a ag�fn bewme�availoble�nd ia obtained. Borrower shall pay the premiums required to maiataia mon8�!$e iasurance in
<br /> -��� effoct� or to provide a loss nserve, untU the m1uIcem�ent for mortgage insnrAnce ends 1n�coorde� "''� +�y �tt�°
<br /> '�''�"�'� �ee��between Borrower and Lcnder or app1icabte law. Form�o2a 9ie0 ra+as 3 or si
<br /> �--�°^���1 oANI(ElIS 6YBTEM9.INC..ST.ClOUD.MN Be30211�lOO�J97•43471 F011M MD-1•NE 216181
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