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<br /> _�.�.�,`� � `` g�pn, l,eader or its eg�t may make s�easonabls�ies upoa and insPe�ions of Ws Ptopecty. Laider s6aU �`��f�'' ��"4.,t i
<br /> �:t' ..�• _ �easo�ble rause for dte ins�ection.
<br /> ' give B�aarer notice at the�s of or pnar w an iaspadioa 8 •
<br /> �' ° 1Q.CanBemnation. 'fhe pmceads oi auy swar�or c aim f�or damages•diract or asequential.m couaectioa wiW
<br /> , or for cam�eysnce in liw� of Mndemnakon. ere�ebY ,
<br /> �. .,� :
<br /> � `� any c�andemaetioa or othes�tng of�aay part of the Prop�ty -
<br /> ��: �d�d sLaU be paid to Leader. ���lied w the sum�secaued by this Securiry
<br />_z,, .'.- -- — It1 ttte ev�t of a tatal mkiug of tha Ptoperiy. !he p � .Ia the eveat of n partiel mting of the perty� - _�
<br /> . - . �um��whethet or aot the�due.wttL aax escess gazd �0- f f �
<br /> �� ' __ �vbic�the fais market value of tAe Prope�ty�iatelY before We ta�ing is�aI w or�r thaa the aubovnt o We ,
<br /> ��'x /' �:�_�"``; . euIDS 80cu[ed bJ►1h�s S�utty I�hu�nt�ly befa bB���� BotfOwer�L,eader o�a b�� G _� '
<br /> :oceeas
<br /> �'�.�,, _ wiitin�,the sa�sec�tced by tLis 3ecurity iastrument s6a11 �oz+a the taking.div�ded by(b)tha fair ma�ket _. .._
<br /> • .�: i �-� folloa+mg�on:(a)the mtal amount of the s�s sacutod im�diafelY � r.
<br /> y vetne of the �mmediately befoce tbs�ng.Any betauce e�aU be p a e d w Basrowtr.In We event of a pattial mlung . k -
<br /> F �- of the �wLich the fenr�v e t a e o f t h e P r o p e rt Y im�tediatel Y 6efor�tho taking is less thaa the amo�mt of We
<br />_,-�:: ' _.` _ Fi� aad I.er�der athetwise agtea m writing or tmless appticabte _ � ' ���
<br /> � � s�tms secaied�ly befvie t8e takin8.�Iess Banower �er ot not tLe
<br /> � c . . y�R,p�wise�rnvides.t6e pmceeds shall be spplied to the snms secu:ed by this Se�tY Ins� _
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<br /> 2 . OYau��8�{��� �� ; '
<br /> If tlte pmpeaty is abaado�d by Bartower,ar if,aRer aotice by Ir�der to Bormwer Wat the oondemaor offers w ;...
<br /> � r;._ � malre an swar�ar set�a a clsitQ far dazat�ges,Hormw�faibs to respond w Ixuder wiWia 30 days after taeodate the�y Y.,_ ` r` t.,
<br /> ` � is giv�,l�der is autborized W oollect apd apply the Pmceeds,ai iffi optiam.either w restntatition or tepair �r �
<br /> ` b Wis 3 tnstrum�t.vvhe�r or aot thea dae.
<br /> ��t , ��_ � or oo tha snms�d y �Y ��pD ,ea Hcetion of pcaceeds tn princ�p�l shall not exteud or �,r� >
<br /> ���::. '. � Unte�l�eadet and Bomawer othetaise a8�ee 8 Y aPP ; ,; .��
<br /> � posqwna t h e d a e date of the a�o�t Y��to ia hs 1 and 2 or change We amutmt of such pay�eats. `r r.�:
<br /> _ `r �= . . ..__ k �4 11. Borrows Noi l�s�; �o�ra�e�9��a Waiver. Bxtemsioa of the time i►nr payment or :� —
<br /> ' ��: • modific�tion of amnrti�iam of the som.s secated by this Se�arity lostto�eut gcanted M►Ixodei to any saa�ssor in� .� z
<br /> .�`t� s � of Boaower abaU not opesats w ralease tbe liability,of the original Bormwer or Bosrower's sacoessars in in� or : :
<br /> to oommeace p r a c e e d i ngs a�ma�ea succeasor ia mterest or sefase to exteAd time Por payment
<br /> _�"��"�• � - 'i � shaII not be�j u i s e d y r e a s on of ea demaad meae by the - ;:,' '-.
<br /> , , • � d` othetwisa mod�fy amnsti�ion o f in e sams�b y t h i s S a a u i t y I n�u s�b Y Y
<br /> ,��. . T ' ,•�:_ osiginat Bonower or Bonawer's sacc�sora in interest.Any fo�se f+Y Le�der m axercismg any right or semedy s6aU �. .t�..�:
<br /> `�:��. .. uat b e s waiver o f o r p c e c l n d e t h e a�e n n�s e o f a ay ri g kt or remed y. m e n t s o f -� -
<br /> e In Co-signesa. T 6 e caveaaats a n d a g r e e .•.��r::
<br /> ;.,�..�,. • �� l2.Sttcoessosa and�dSound;do t eud 8eve�al Liab i l Ity;, of Ixader and Bormwer, subject tv the
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<br /> {�� � 'i this SearritY Inst�ume�t eLaU aad b�efit We succeasoss and ass�gas ,� .
<br /> ,f�t ��� � r ;: provistans of b 17.Borrowe�s cove�ants aad agieeme�ts shaU���'"'Inst�sment Buamver�wh�oge� ;, � J::
<br /> `� � ' . . '� this gecArity��t but daes not ex�tha Note:(a)is co-s�Saing �}' ��)��P��Y ,�,`'�.
<br /> -���i:; , � . e�ud �c�nveY tha!Boitower's inteRSt ia the Pmperty undes the team.g of this Secattty _ '.
<br /> `� obligated to the swns sei�ared by d�is Secmriry Instrumear and(a)a�ihat Lr�der and auy other Bormwer may F;;', ,.::
<br /> Y ` . . ag�e W w�t�modify. forbar or make aay ac�ommodations with ragard w the terms of this Secauity In�t or Wa
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<br /> �.; s:,:• ;� � • Note withont that�orrower's conse�n� r�:�
<br />-.4`_':_ ._�` ._ . 13.I.oan Ct�es. If dte loaa secared by this Securety Instrume�t ia subject w a law w h ich sets ma�umum loaa . ;�:'`
<br /> .� '- so tl�at tha interest or other loan charges col�ected or w be ooUected in , �,
<br /> _.��: � • cLarges, sad that law �s fina11Y iate�P� ;.
<br /> `.-,;3 .... cvnnectian with tha loaa ea[ceed the pemutted limita, the�: (a) anY such toaa charge s68U be reducad by t�he amovat 't �;: _
<br />�; �`� , , . necesea�y w t+educe tha charge to the petmitted huut;sud N)aaY����y wIIetted fmm Borrower wlrich eaceeded __ ;,
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<br /> _. �.; •.� ���its arill be:efimded w Bosrower. L�ter may choosa w make ttis tefimd by�Iucing the prjnciPal owe� , . ,
<br /> _ f��s, � ' � r under�a Note op by m�ang a��t w Bormwer.If a s�afimd sed�p�►�P�,��°�����a �' 1-,
<br /> �=� ' • '.a prepaym�t wtthout unY P�Y�t charge tmdet the Note. '1 .:��.
<br /> �� ,`•. . p�10.N tices. An notice w Bortower pmvided for in this Security lastrameut ahaD be given by delivering it or bq ;:,.:
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<br /> ::'.�.� o y Gcabla law use of eaothes meth�od. 1lte notece sLaU ba dire�ted w the , -
<br /> ma�ing it by fi�st ctass ma�7 unlessapp �i� • ;::�
<br /> ,,•�:• .
<br /> '� � ,'`� ` .' ' pe�S► nohce to Borrower.Aay notice .. �:,`
<br /> oraower des� b nodce w I�eader.Any aotice to L�der ahap be give�by
<br /> :- � _ e
<br /> : : . Pro Addiess at aay otter eddtess B 8�� Y -
<br />:'���•••'. fi:st class msil to Leadas's addzese stated hecein or aay other address Leader desi�stes bp �',.,:.
<br /> jr� ; • . : . ����ty��y�d���,e��v���o�owet or Leautet whe�pven as psavid�d .:
<br /> � S :. . - `,:, � �_ � f�' '�
<br /> This Sectuity Iastn�ment s6aU 6e govemed by fadetal law aad the law of the G
<br /> :'�� ���E.aw;SeverabiQity. �t that an "an or clansa of this 3ecarity tasaam�t or tha ..
<br /> �::�•: . ctioa ia wlucb Ws PrupeRy is locatod. Ia tha ev Y P��
<br /> �.Y�.:.J �.• ... ' ` � .
<br /> . r.:.,, . , . NOte confticts with appl�cs6la taw►such coafllot s�al1 IIot�� the ptuvisions of tbis Sa�cu�ity losttumeat�r and the ''. '
<br /> :�,.'',, .. �.. : wWch c�a ba glv�e�'fect wiWout the confliding prnvision. ,_ ..
<br /> Note are dectared to be seveiable.
<br /> f '° : L c l b.B o�a w e r's C o p y. Bonower e6all be�v ea oaa confoimed wPY of the Note and of tbia Securi t y Iastn�meat.
<br /> .. . 17.TransPer of the AnpertY or a B e u�cial Interes4 in Borrower. I f a U or aay p a rt o f t h e p m p e t t y o r a m y .
<br /> : �...�;'` e�t iu full of ell
<br /> �•:.. ' ' i a t e r e a t in it is aold or treasfersed(or if a benefecial iaterest �n Bo�rower is sold or transferred and Bormw�r�s not a .
<br /> i:•. �, . nahusl person)withont Leader's prior writt�consent,l e n der may,�a�t i t s o p t i o n.r e 4 u i r a i m m e d i a t e P A Y m • . .
<br /> �::;� . . .� 3 sumy secured by thia 3ecurity InswmenG However.t h is optioa shaU not be exercised by Lender if exercrsa,a psohibited ' .
<br /> 'f=;'� . by federal law as of the d a t a o f�Secun ry I n s d u m e a� vede a od . . .
<br /> � 'i • � • If Lendet e�cescises tl�is tion, Leader shall give Borrower uotice of aceeleration.7Le notics sl�aU pro � Peii
<br /> '. �`�... . .. . .
<br /> � ' of not tess Waa 30 deya from the date t6a aorice is delrvered or mailed within which Borrower must pay dl sums sec�red
<br /> ;';.. . . _ For 307.8 8/90 Ipa o I .. :�-
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<br /> ��� � - � B/WKEA9 SY9TEM8.INC..9T.CIOUD.MN 68307 1t-BO?397•43411 fOAM MD�t-NE 4/B191 � .
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