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<br /> � by th15 Securlty Inetntment.If Horrower fails to pay these sums prior to the axpiration of thie perlod, Lender may invoke
<br /> � any remediea pern►itted by this Socurlty Instnunent without further notice or dcmand on Borrower.
<br />� :� 18.Bonower'�ItlBht Ro Reia�tate. If Bonower meets certain condittons,Borrower Rhall have thc dght to have
<br /> �,,.r "i enforccment of thie Security Instrument dlscontinued at any titae pdor to the earller of:(a)5 days for such a►hrr pedod as
<br /> ,:�y � applicxblc law mxy apeclfy for re[astatement) before eale of the Property pursuant to any power of sale coatained in thls
<br /> Socurtty Ineuutnent;or(b)entry of a judg�nent enforcing this Secudry InRtnunent.Tdose conditions are that Borrower: (A)
<br /> paye Lender all sum9 whlch then would lx: duc under tliis Securlry Instrument nad the Note. ns if no acceleration had
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<br />.�� occurred; (b) cures any default of aay otber covenanta or agreements; (c)pays all expenses incurred in enforcing tbis _
<br /> � Securlty Ipstntment, lncluding.but not limited to, reasonable attoraeys' fees; and (d)takes auch acttoa as Lender may —•
<br />_� reasoaably requlre to assure that the lien af thia Security Instrumeat, Leader's r�ghte in che Propeny aad Borrower's _
<br /> *--�—�� obligation to pay the sums sxured by this Securlty Instrurneat ahall continue unchaaged.Upon reIastatement by Borrower,
<br /> - � th;s Security Inatnunent smd the obligations secured hereby shall remain fi�lly effectivo as if ao acceleratioa had occurred.
<br /> � �• ��'- However,thia rlght to reiustate sh�ll not apply in th�+yase of acrxleratioa under paragraph 17.
<br /> 19.Sale of Notci ChaaYe of Loen ServIccr. The Note or a partial intcrest in the Note(together wlth this Securiry _
<br />,,x"' ' ' Instnunent) ma�be sold one or more ticnes without prlor notice to Borcower.A sale nu result 1n a cbange in the enUty
<br /> :,r��,�.r,;. (known aa the Loan Servicer") that collects moatWy paymeats dwe uader the Note an�[IlIB C2CUi�tY III9INIYIGIIt. There
<br /> � �?;; , also may be one or more changes of the Loan Servicer unrelaud to a snle of the Note. If there is a change of the I.oan
<br />"�•+.`� :�: Servlcer,Bomower wql be given wrltten notice of the change in accordance with paragraph 14 above aad applicable law.
<br />�,�'s;�;,�,i• The notice wUl state the name aad address of the new Loan ServIcer aad the address to which payinents sdould be made.
<br /> The notice will also contain aay other information reyuired by applicabl�law.
<br /> ��� Z0,Apzatdou9 Substances. BorroW+er abaU not cause or permit the preseace.use, disposel, storage,or release of
<br />°;:�,��,.� any Haznrdoua Substanccs on or in the Property.Borrower ehall not do, nor allow anyone else to do,anyt�ing affectin8
<br /> � �b the Property that ia in vtolatioa of any Environnxatal L.aw.The precediag two sentencea shall not apply to the presence,
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<br />—..;.,,.,�, use,or storage on the Property of small quantittes�f Hezardous Substances that are generally recognized to be appmprlate
<br /> ' ro normal residential uses and to malntenance of the Property.
<br /> t��'°.a„`,`�''� Borrower shall promptly give Lender written notice of aay investlgation. claim,demand.lawsult or other action by
<br /> -''`�'` aay governmental or regulatory agency or private party involving the Property and any Hazardous Stibatance or Environ-
<br />-: ,;.• mental Law of which Bomnwer hes actuel knowledge.Tf Borrower learns,or ie nodfied by any governmental or regulatory
<br /> ±�''-'�"r autborlty,that any removal or other remadiation of aay Hazardous Substance affeccing the Property is aocessary.Borrower
<br /> -�� � shaU prompily take all necessary remedial actions la accardence with Environmental Law.
<br />:�:;�`,.^�., pe used in this paragraph 20. "Hazardous 5�►bataaces"are those substances defined as toaic or hezardous substances
<br /> '�"�°`=vi� by Bnviconmeutel Law and the following substances: gasoline, kerosene. other flammable or toxic petroleum products,
<br /> .�.,� toxlc pesticides end herbicides,volatlle solvents,matedels containin8 asbestos or formaldeh9de.and radioacdve matedals.
<br /> _,�i���,�,� ps used in this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdicdoa wbere the Property is
<br />-- !������r���heatth,sefety or environmentel protectlon.
<br /> '"'' NoN-UN�PORM Covew�N�rs.Bonower aad I.ender further covenant and agree as followe:
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<br /> 21.AcaleraUon=R�naed�es. Lender sheU give noNce to Borrower prior to acceleration foUowing Borrower's
<br /> --'?�!�.� breach of aay covenant or a�nent ta this Security Instrument(but not prlor to acceleratlon under paragraph 17
<br /> ""` unlesy applicable law prnvtdea otherwise).T6e notice shall specity:(a)We default;(b)the actton required w cure the
<br /> default;(c)a date,not lese than 30 days irom the date the nodce is given to Borrower,by wWch the detault must be
<br /> cured;and(d)t6at fxilure to cure the detault oa or before the date specitted ia the notice mny resvlt In accela�Uon
<br /> of the bvms secured by tLis Security Instrument and sale of the Property.The noHce shall furtha tnfurm Borrower
<br /> of the ri�ht w rdnstete antec' aaxla�atton end the rtgbt to brlug a court action to assert the non�acisteaoe of a
<br /> detault orany othec deRase of Borrowar to aoceleraUon and sale.If the de[ault ls not cured on or be[on the date
<br /> - sFwcitial In We notice� Lender at ite option may reqWre iminedIste payment in full of all sams saured by thta
<br /> ; Security Inatrument wlthout further darwnd end may invoke the power of sale and any other remedies permitted by
<br /> : aPPUcable law. I.ender ehall be eatitled to collect all expeases incurred in pursniag the remedies provided in this
<br /> � para�rap�21,includin�,but not Wnited to,reasonable Attorneys fees and coste oi Utle evideace.
<br /> If the power of sAle is invoked,Trustee shall record e notice of default in each county ln wht�h my part of the
<br /> Property is located and shall mail copies ot such motice In the manner prresscribed by appllcable law to Borrower end
<br /> to the other�ecsons pc+escdbed by appUcable law. At2er the time required by �ppHcxble law,T�rustee shall g[ve
<br /> pubiic notice of eale to the persons end in the manncr prescribed by appQcable law.RYustee, w[tLout dem�ad on
<br /> Borrower• eball�sel1 tme Property ut public auction to the hlghest bldder at the tlme and pl4ce and under the terms
<br /> designated in the notioe of s�l- e In one or more parcds and In any order'lYustee determines.1Yustee meY patpone
<br /> sele of all or any parcei of the Property by public announcemeat at the ttrm and place of any previoucly schedaled
<br /> sale.Lender or lts designee may purchese the Property at any sale.
<br /> Upon recetpt oi paymeut o[the�eice bid,3'rustee shall deliver to the p haseL'�'�u�stee'a��ecd�►vey�ng the
<br /> — Property. The rec[tala in the Trustee e deed shall be prima facte evidcace�tt4c tt�li o�t t �YS�t����
<br /> �,h,_ P, therein.Trustee shall apply the proceeds of the sele in the following order: (a) o.All��_d i�sw�dt clsln8
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<br /> -m=�""��— Form 307,� 81 page I
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<br /> ,�•�, BMIKERS Sr6TEMS.INC.,5T.C�OUD,MN 66302 tt•800397•23411 FORM MD-1•NE 2/6/87 4(�
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