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<br /> �` � •° g,Inspectioa Lxnder or iss agent may make masonable enuies apoa and inspecaoas af the Pmperty. µ z
<br /> 4- sp reasonabte cause for the iuspedion.
<br /> ����� give Borrower nonce at the dme of or prior to aa inspectioa .�«U t
<br /> .� - '� ' ` � 10.CondQmaattoa. 'Ihe ptaoeedg of any award ar claun�iamages.direct or oonseqne�.in coaneetion wit6
<br /> �4 "- - °�` � aay condem�arian or otLer�ng of any part of the Ptope�ty, or fot oonveyance m lieu af wndeamatian. are h�Y - F` .°
<br /> _ , ,��: assigned and shall be paid to I. -�tdeC. the ce�s shall be applied w the svms secured by this Seaairity
<br /> � � `' u � ia the event of a total taking of the Prope�ty, Pra ` ` ` .
<br /> sid w Bnrrower.In the evens of a paztial takiaS af the Pmperty� -� .
<br /> t ` :° Instnmmeat whether or not thea duc,wlth aaY excess F � g is to ot than the ainount- of the ' f °
<br /> � i�— -` ` which the fair macket valne of the Prop�ty i�Y��the talQa e�a1 g� m -, ;
<br /> S ` ,. � �-`�� . st�s�by this Seauity Imuummt i�ttediateJ9 befoie the tml�s Bormwer aad Lendec othecwarise agrce' f`.-s-� � ;
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<br /> Ins�nt st�all be�by t�he amount of thc pioceeds�ttiPfied hy the "��
<br /> � wiiting,tht soms secured by t6is Secariiy divtd by N)the fair mark� �:: 1 �,.
<br /> -�.� ��• � �ollQwinB fraction:(a)the wtal amou�of tlte smu�seaued�iare1Y before dne ta�img, ; ,
<br /> .-s� �`: : vaiue of the Pmpe�q►immediatelY befoie the�MY balance sLall be paid w Bairowec.tn We�t of a gaztia!taking :`. =4 � :
<br /> r F . before dte �s less than ihe aaeoimt of the T� '� �
<br /> of d1e Pm pe[[y m wlucb 1he fait mazIc�value of �P�Y�3t ��� or tmless a p plicab2e ;' : r z ,�--
<br /> . �v_; before the t a k i ng,t m l e s s B o m n w e t a n d L�d e r o t h e s w i s e a g c e e m w i i�u g � ,,. .
<br /> �:.� ` - _ ` ���wise�pthe proceeds shall he applied w the sumR ae�aued bY tbis S�9 I�s��or uot the , I, ,
<br /> -:�..,� � ,
<br /> 3 . . �� r, s u m s a s�e�`d t e n d n e. r o ff e�s t o -- r `
<br /> Y .. -,` il�Prope�ty is abaadoned by Borroaer,or if.after nodse by Leuder to B o n o wer t h a i t h e c o a d e m n n ��.�
<br /> z; -:� make an award or s�tle a daim for damages,Bo:mwer fa�s to respond w Lender witbia 30 days after the date the nutioe �;� _-
<br /> f � . �' � at iL4 eidiar w restn�ion ar cepair of the Piupeay ` ': =
<br /> � � is eo,L�der is�tharized to coltect and agply t&e pmc�d.s, °P�O� �� '
<br /> �- r-;t Of W the SOmS SCCUIed bY�SC�tY�D5�1�'�QI n0i 1hCII fiiC. • [."F•.
<br /> i� ,.� . '�` � Untess I.eader and Boaower otheiwise agree ia wriung.a�+aPPlicat�oa of pra�eeds w principal shall nat auead ar �� Y a;,�y_
<br /> `,. nefened w ia pa�agiap6s t and 2 or change the mman�mt of such paya�euts- ,�..
<br /> ;..;. • :;� Postpone the dae date of the muntWy p a�t s � �,Not e VOaires. Exteu�un of the wne for PaY�nent or :. _ -- _
<br /> � . 1° . 1 1. B o r r o w e r N o t B d e a s e d,i�o s n�n� ��aay successor i n m t e�e s t "� � ��'�
<br /> . �, modifiration of aznnrtvation of the s�ms s�by this Secaait�r la�gr�ated bY
<br /> ... _ - _ � of Borrower shali not ope�ate to rete�e the liab�ity of the ongmal Boirawer or Bormwer's saccesso�s ia iaterest.1mmd� . '
<br /> � �• sbaU not be required w conmmeaoc Paoc�nSs aP,a�nsc�Y���Or m interest os refase w extead t�me for `.,_� � „
<br /> � ' • t�easaa of aay danaad p bytthe Y:,, ,
<br /> '' � mo amn�on 8f the sm�secu:ed by lhis S�ritg I�b�+ �y �
<br /> ,.,_, � .� ,;,� otherwise difY ts in interest.AaY f o r b e a�c e Y �a or sha11 -=
<br /> � � . ; ��� arigiaat Boaower or Borrowe,�s suc,c�o D I x a d e r e x e t c i s i a g a�+r i g h t , :�1 -
<br /> �`' � .. not be a waivez of or psecludc the execaise of a a y right or�y of ,,'�
<br /> -� `• ` ' �' 12.Succ�sors aa d A s s I g o s B m m�J o i u t a n d 8 e v e a 1 l.i a b i N t y;C a�g�. '��avenaats and ag�menffi ` . ti
<br /> '���^ .. - '�""'• � this SecuritY fnsuumeat shali biad and benefit ehe succe�sots aad a5signs of Lcndec aad Boirower, sa6}ert w t h e �;
<br /> �,, � f provisions of paragcaph 17.Buimwer's covwauts and sbaU be joint and seveaal.Aay Boaawer�w�� - �
<br /> t�is Se�utry Insuqment bat does not execute the Note: a)is co-siguing dus Se�ritY Ias�u�on1� � `.-
<br /> t�is ��r the te�s of this Secority Insuume�u,u' lb) is aot petsonally �. �
<br /> ,! :c Y � a�ud convey that Bormwer's inie�est ia the Prape�ty Y '� �_
<br /> � ' � � t o61i�to pay the soms secored by tLis Seauit3►ms�:aad(c)agrees that Leoder aad�Y other Bomower may ,.; , �a, _n.
<br /> f, � ' .��,' agcee m e x t e a d,m o d i f y,foshear os m�ice aaY accoamaoda�°n�weth regacd w the t�erms of tLis Se�ity Ias�m�or ihe , ,�-
<br /> erms , .
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<br /> �' ,'`'" Note without that Boirower's consent. � ����to a law which sets ma�loan ,�•`.� ��LL;;__
<br /> :.��;,�`� • ' 13,Loan C�eSes. If the loan secaued by Se��Y ::�:;4 .
<br /> � , � , c h a r ges, a n d t h a t l a w i s f i n a U Y i n t e i P r a e d so that the inteiest or other loau c,har8es collected or w be collected In � �
<br /> a such loan cbarge s h a 1 1 be z e d a c e d try__t h e a m m m t ,:` � ��°
<br /> ,r �, . •� , � _ caanearoa with the luan exceed the pesmitted lisnits.then: ()anY -
<br /> �'�Y ' � oolle�ed from Borcawer wt�ctt e�cca�ed :� , �;.
<br /> ' � ,•, necess�y w reduce the charge w thep�n'ued fimit;and(b)a�►Y�as • � al owed
<br /> �:'�`-- ' Lmits wr�i 6e tefnaded w Botmwet. I.eader may choose w make ' zefp�d t►Y ced�acm� p��P � _
<br /> �,t�-.,,, . • . � pee�ued ' t w Borrower.If a refnnd mdnces principal,the redacdon wIU be ueated as a - ;-;:-��
<br /> Y �der tbe Note or by maldug a direct PaJ+me� t•,:.
<br /> ' .:' . partial piepayment withotu aaY P�PaY�T�Be onder the Nate. �be en by delivering it or by
<br /> ,�.•�"_ '. :•.�' '.., -. - 14.Notices. A�►aatice to Borrowet pmvidad for in this Se�uriry Ins�naent $�+ • .� :: ::
<br /> . •."' ma�ing it try first class ma� aaless appllcable law requires use af aaother methad. 'Ihe nnuce shali be diiected to the _ _.:.,. _,'
<br /> ` r.��:.. ' .
<br /> � propecty Address or any other address Borrower designates by norice to Leader.Aay�notice to Iender sLall be givea by
<br /> � , � `: first class mail w lsuder's address stated hecein or any other address Leader designates by notice w Borsower.A�r aoticc �`�;:.'
<br /> .�:;:.�. ';�.-.•. :_,,:
<br /> ';� _
<br /> : • ' " ymvided for in tLis Se�ority Instc�ent shall be deemed to 6ave bew givea to 8ormwer or Leadec when glven as pm f :
<br /> '�, . . � ...s,_ _`�.. 9a this paragsa�l�. Scv�tslltt9• 'Ihis SeattitS► Iastnunent shall be gavemed�federal law�cd the law of the ,
<br /> - , 15.Gov�ninS I.aw+ or the - . -" -
<br /> r ;'- . . . urisdlcdon�which the PmpenY is tocated.Ia the eve�tLat asy pmvision or clause o this Seanity lnsm�ment ."�.:,;,
<br /> .�,�, �. .'.
<br /> � .. _� �ote canflicts witha�uable law.sucn cantlIct shali��this end the pro�v�'ons�of tbis Se�c�•ry�tor th�d We
<br /> .:�,:_�` . . whicb pn be given effoct without the conflictin�p .
<br /> • • Note ate declared w be severabte. ,
<br /> _ �rope�y
<br /> 16.Bosrom�'s Capy- Boaower shall be given oue conformed copY of the Note aad of this Se�uri l�n�
<br /> .�, ,,, .. .
<br /> :.'���,�:•.,.. . r - 1?.Tcapsfer of the Prop¢�ty or a Beaeticial merest in Boaow�er�is s o l do r u r a r�f e p r c e d a nA Borrawes is no�a �.
<br /> r',, . . . ., . • {nte�est in it is sold ar uansfened(or if a beneficaal m t ia fnU of all • �
<br /> � , , � narural person)witho�n Lender's prior written coasent.Lender may.at its option,require immediate P� . --
<br /> �,._. . • . .,'
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<br /> .�;. .��� � snms sec�red by this Securicy lastrument. However.tlris opdon shall not be exc�ised by lxnder if exe�ise is pmlu'bited "'t:r . .
<br /> .;��3= ' • by federallaw as of the date of this Security lnslnrment• �
<br /> .�:.:b,• ' �• If Lender exercises this option,Lender shall pve Borrower notice of asceletation.The notice s�all provide a period .
<br /> ".�.'.;••,• .. � of not less than 30 days from the date the nodce is delivesed or mailed aitLin which Bonow����o I�s�°� ,- _ .,
<br /> � i,':: . , .. : . � ��� ..
<br />._..".�'�" � . BANKEHS SvSTEMS.��C.S7 CLOVD.MN 36302�t-80639)•23b11 F00.N MP t-NE 2,391 �
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