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'�e pmceeds of aao award or cIsi}�fivr�►�in lieu�ndema�tian. �i[e�by - <br /> . , susr.^oade�t�on ai ot$er�of aay�ast f tke Pmgerty+as far com►eY ; .�' . <br /> at <br /> ' assigaed an3 sball be�a{d w f • '� <br /> la tHe eve�a�e to� tetangwf ths Ptoperty.tha proceeda s�all be appl�ed to the sums secnred by�as 5ec�siry ` y'=c � <br /> < . _.�s� to$ormwes:In the evet�of a mking of tfie.Progeriy m .,,� . <br /> Imtnu�nt,whe,t�er or aot t�en dae.with a�r escesv pa�d. D� � <br /> �• txhich t�e!'air market value of die P'mperty i m�e l y't e f ore t h e�ag is e q n a l t o ar g t e a t e r t 6 a n t h e a n m u a i of'tIIe �., � <br /> < . `:, ► sums�6 y 3his Se��uity ia�um�i�EeIy befoc�the�ng.dnless Borrower�nd.t�er oit�wi�e agt�e in , <br /> . 'l.---'�• yvii•�g,tIIs snms secns+e8 by th'ssg�ty Instrumeat s t r a l l b e z e c h s ce c[by t l t e a m o t w t o f i t�e Q r a c a d s m u l t�f l�e d b y t h e , , . � <br /> - "`""� f o ll o�v�i n g f i a r,t i o n:(a)t h e t o�t a m��l v fl d o f t�e s u m s s e c t m e d imarediabel y 6efore the talsin g,divided by(b)thg fair marget . <br /> am Ise aid to Bo��r.W t h a event o f o p a r t i a l�i n g •�.-. •` . <br /> _�__- - vatae o€the �istd3l�='fore tt�ta�np.��►�� . P - - <br /> af tlte Pmpe f y a�'sch the feir mat�t�t veiue►o f t be Pao�cty immediately before tfie takin�is tess Wan t h e amoutrt o f� � T . <br /> � ` sums.sec�ued itivaediatedy before the taldag.uatess Borrowes ead Lomiet ot[t�ruiise agn�in writi�g or tm2ess eppSicai e �_ .; a <br /> � ,.,.�- taw aatie�vise prbv[des,t ho p m c e e d s s U a l t E e app l i e d t o t�e s u m s s x u�e d b y t b i s S e c ur3 ry tnstrumeat whether or:ua3 the � �.• �. <br /> , . a . .. <br /> :, stt�s ana ths,m cRtte. ' � � '- <br /> ` S{ 9 <br /> °-: - --��: � If iha Pra�artyt is ubmsdo`r�s d f s y @orsawer,m i f.a fter r m t i c a b y L a n d e r t o B o r r o twsr that thacarx�mnmt of�rs to --. <br /> . � � ,. .;,,.', ' . 4 n�ce aa uwar�.ur e�i��a ct-a,`�►fas d�ag�. . ..r.�.fL to-�spo to lAe�ter v�i�Aia 3�dr,ys after the dats the cotice �... .. ..Y. <br /> � i s�i v c n.�.e n d e r i s a u t h o r l�t o w l t e c t a n d a p p l y t f ta p;o ce c d s:at tb a��tIon.�eit�Ct to astomtion or repair of e�a PaaP�Y °. - _ <br /> � ' �` a to the s�uns sccure¢by tlJs�esurity tr�sttumens.wh.-thgi ar aot thea ditae. � , � n - <br /> � � ' [�alesa'`Ltndes ead IIarmwer o4�feavise eIIree in writiag.any npp�licaNaa of Pt�aeds to principa!shall unt exte�rl or ,. <br /> fe , <br />` " postgo�tEce dufl dat�o of thQ atoati�y pa�e ttia referred ta ia par�►�p h�!ea�Z or changa ttze acanunt of suc6 pay�enss. , . ' ___ <br /> . . : S�.t' . i l. �arra�ve�letol�e�: Garbe�res�ee 69 Lr�e�TIot,a Wadv�. Sxtensioa of t�e time for p�yment or . . <br /> � tnadiflzatioa af emonipativn of the suma cecn�l by this Secu�ity tasteument geanted by 1.eu�to aay s�os la 3nter�.► . . ;, <br />_°. • . � � af Borrower s6a11 an!o�rate ta release dte Iiabil�tY of the orli'gfaalBUrruwer or Borrower's s�eocessars ia i�-t8ader , . : _— <br /> • s h a 1 1 aqt b e r e q u i t e d to wmmencep F,s a�a i�t aaN�cc�°i in i�e�st�or tefuse to extepd tlme for p 4 y m ent qr , .. ^ <br /> � ` ��._. oikenNisa modify emorti�on oF t b�e s�'se�d 67►�Security Iastrnraeai 6�►�rason of any aemadrl m a�d s by the , , <br /> • • o�l Bmcower or Borrovrer'e successors in iatezest..My,forbeatance by Lender�n exereis�n$aay rigl�t or�y.�all . -� <br /> , . not 6e u uratver of o:pmiads the exercise of yaght or reraedy. � The cavebaats aud ageem�Ns of " °_ <br />. _ .- -- � 1�.Successnrs and l�sst�a�s�Botmd,Soiut and Several IdabIDty,� � .sab ect to the � .. `- <br /> '.- Wis Secarity Ia�tcumesg shaU bittct aad l�enefit the successors aad assigns o�LendeY and Borrower, j . ;,!���=' <br /> . '�_ �'.`.` ptovisions ofp gtapb 19.Borrower's covenants ead ag�me�s ehell besoiat and several.Auy Sosrawer who co�signs , . <br /> �� �," ' ttiiis 3ecuriry I���uent bnt daes aot�ecute tfie Note:(a>is co-s�8nim�thia Security Iustr�meat anlp oa mort�age:gaat , r�'?�"; <br /> s <br /> � `� .aad cqmrey t6at Bomower's i�erzst in the Pmp�rtq ander the oenns of thfs Secutity Iasttt�mest� (b) ia nat P�tsonallY .. ' ,s-�. <br /> . , . . , `.;..�°' oDligat�/w pay t3te sams secare�d byf thLs Secotity Tnstrua�t;sad(c) t6at�.eender aud any otiaer Borrawer msy • _:��;`� <br /> ` • ag�to extead,modifY�forbeei O r m&1 c e any a c c o n+TM� ��.�+�_�w i W 8 t o t h e t�.r m s o f t l i i s S e c t u i ty�n.s t r a�e n t or tha" . _ =� � <br /> � Note,withaut•that gorrawer's ounseat. � � �� <br /> �f'' 1 3:I�o a r t C h a�P S. I f t h e l o a n s e c u re d b y t h i a S�r i t y I n s t n u a e t rt i s s W s j e c t t o a t a w w h i c b sets mas�mam loan .�'�r�'�- <br /> �. . charg�: "ap� th� 1� is�y ��d so t�t t�e i�resc or other loan c�a�es�u�or to be cullected in . � �:t r� - <br /> comiectioa wit6 the toai��xc�d the gerantted limits. thea: (a)auY such toan c6arge�a11 be reduced Fs�!tbe amnunt � a ., ,s�,�;° <br /> � . . ,_�.; - IIece,ssaryt to reduce the charge to tite permitDed Ium�aad(b)auJ►sums slready collected from Borrowe�w���cb exceed� � , - -_. <br /> • • . pqrmit4ecB limits wiU be refunded to $orrowe to Bo�e�I f e ref u a d�p�'naciF�a1,t k e�u�willpbe�t�pated es a � ( �� <br /> ' u a d e r the Note or 6 y m a k i n g a di�ct paY�ent ' ' � ' � <br /> � , . � .. parpial prepayment bvithout anY PnPaY�����u n d er t ha N a t a. . -:f r--. <br /> . 14.Nott�a. Any t�tice w Sorrawerprov:ded for ia Wis Security Instruutent sball 6e given Ay_delivering it or by ,, . �= <br /> maittag it by fust class mai�t unless app3icable laa+requires use of aaather method. 'I7ie aarica sbau be directed ta the� ' ' ,�""' <br /> .. property Address or aay other address Borrower designates 6q nohce to Leadet. Arry nntice to Lender shalt be given hy -�.: �- <br /> � - <br /> fisst ctass a�aul to Lender's address stated heieia oY eny other eddress Lender.desigdates by notice to Barrower.Any arstice . i�.,; " <br /> � . •:;� � . p m v id e d for ia this Secaui t y l a s t r u m eut s t�a l t b e c 3 e e m e d t o l w v e b e e n g i v e n t u B o r r a w e r o r I�e a d e r w t s��i ver�as p r ovided ,.`�_ <br /> In this paragreph• .��rr. <br /> - - • +'•. . •1S.Govpatng Law:Seve�adsflit9. '[�is Security Instrumeat shatl be govemed by federal Lzw aa�the!aw o�r the , _ <br /> • ' jarisdiction in whicl�tha Prayerty is toc�2ed.In the event tha!aay pravislon osr clsuse of this Security iasuumex�ar the � <br /> . % PoUe cQa4licts with applicab2a law.such oonflict sDa12 aot affeet other pmvisions of tbis Secarity tr��m or e Note� � . " . ��r:_ <br /> . � ` wfiich can bo given effect wiflwut the conflict�g Pmvisiom To this ensl the provisioas of tbis Security Instmme�aad dis �_ <br /> �� : � ` Note are dectared to be severaAte•. � of tha Note and of tbis Sec�'Ity Iastzument. • � <br /> �''�. � Y6.Borrowep's Cupy.Borrower slaail6e�ven oae conformed capy �,-,�,.: <br /> - � . , 17.9'ran�fer o�thx proPzrt9 or a'B� claf Int�rest in Bonoc�er. If a11.or anp part af tlze Fropeity or eny _, <br /> � � `i intemest in it is sold or traasferred(or if a beneReial i�tenst in Bosrower is sold ur traa.gFemed and�orrower is not a . ' ��� <br /> . :;; natntal person)witlsout Lender's prior wrltten cnaseut,Leadcr may,�at its option.require immediate_payment ia full af all . -�::.�'. <br /> � • � ' sums secured by tLis Security Instrnment. Hawever.tbis option s h a ll nos be e�rcised by i.endet if exercise is probibited . . � -. '-- <br /> ' � ' • by fedeial law as of�ue date of this Secwitg►lastrumeflt. . <br /> ... 'r � If Leader exercises thie option.Le�ar shall give Boaov�et notice of acce2eratton Tho aotica�,alt provide a per�5d , . .. _ <br /> of nfli les9 than 30 daya from the date the norics is deliver�d or mailed wittun which Borrower�st Pay a11 sums s�vred , <br /> . .� � • . . � Form 3028 8/�0 IP89e 4 0!61 ., . <br /> ' . . ' ' � BqtygEq$S1/9TFN19.INC..ST.CLOUD.MN6830211•804387-23411 iORM M61tdfl TBl91 --^— . , , <br />. - � l ' � ' - � � � • � . � - <br />� � '•�' . • . .. . 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