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. <br /> , '1 <br /> .4 <br /> d <br /> 1 . y`� .._.. �� .. • _ � . . <br /> _ <br /> s-'�e f"-�id�kF?Y+-:�-. ' •.."___"_.._._� <br /> . � , � � . �9� �����o • . <br /> . � <br /> .. . � � �. <br /> 9.Inspcctloa. L.cnder ar ita aBent mny n�kQ rcnsonnl�ic enttico upon nnd inspccuane of the Proprny. lAnder ehnit �._: <br /> .. �Ivc Borrotiver notice at thc tline of or priur ta nn inapccttan epcctt�lnQ eensunanle causc fot th6 tnspi�ctian. -° <br /> im.Candemnntlon. The procccde uf any awnrd ut clatm tar dumaBca,dlrctit nr cu»s� ucntlnt, in cc►nne�ttun wlch �,_ <br /> any condemnatton or oth�r tnking of uny part of thu Fcoprny. ar f�r mnvcyati:c 1� llcu u�cundcnutnttcm. an: hcrcby <br /> .. asaiqttal and ehnll be paid to Lcnder. <br /> In the event oY a total tnking of the Pro�rty, titv pru�c�tis eltt�li lte npplir�l w Qt�swns sccur�tl by iltis Sccudty �_ <br /> [natrt�raent,whether or not then due.with tu�y excess pufd to Bonower.la the avcnt of n purtiul tnking of the Pcaperty In <br /> which the fair market v�lue of thc Proporty 3mm�diately beY'are the taktng isequal to or grenter thun the amount of the <br /> --�� sums secured by this Securlry Iastrument immcdiately before the taking,unless Horrower and Lender othenvise agree ln <br /> ��"�°"�'�'> wcItinQ. the aums secuced by thia Securlty Wetnunent ehall bo reduced by t�e amount of the proceada multtplied by the — <br /> '""' � followjnII fraction: (a)the total amount of the suma secuted imACedintely before the taklug.divided by(b)the fatr market <br /> valuc of the Property id�medlately before tho tekin .Aay balance ahail be pAid to Horrower.Ia thc event ot a partial taking <br /> of tl►e Property in wl�ich thc fair�arket value oY�e Praperty immedlately before the takinII 1R less than the amouat of the �_ <br /> �� sums secured im�nediately before iue wkiag,ualess Borrower aad Lender oshenvise agree in writiag or unless appiicable <br /> • ' law othenvlse pmvides.the proccetle shall be agplied to the su�s secured by tbia Security Insmiment vrhether or not the <br /> sutn9 nm then due. — <br /> :: If the Property is abaadoned by Borto�ver.or if�nftet notir,e by Lr;ndcr to Dorrower thnt the coudemnor offers to _ <br /> � make an award or settlo a cluim for dnmages,Bnrrower fails tores�nd to Lender withia 30 days after the date the nodce <br /> " " is given,Lender la suthorUxd to coilect and apply the proceeds,at its opdon,eiWer to restorntioa or reps►ir of the Property Y <br /> �: �� or w the sumv secured by this Secudty Instcument,whether or not Wea due. _ <br /> � Unless I.ender ead Borrawer otherwise aQree ia wrlting,anY aPPltcatioa of proc.eeda to prlacipal ahall not eatend oa . <br /> postpone the due date of tho naoathly payments referred w in paragraphs 1 aud 2 ar change the amount of such paymeata. <br /> ., ;;+; il. Borrowex Not Aeleasedi ForbearnIICe BY Lendex' Nat 8 Weiye�'• Bxtension of the tIme for payment or [�; <br /> aQOdificatIon of araortization oY the sum�secured by tl�in Securit Insuument granted by Lend�a to any successor in iaterest <br /> •� of Borrower shall not agarate to release the liabitity of the orl�ael Borrower or Borrower's successora in interest.Lender �;; <br />� � shall aot be r�qutred eo cammence pmceediags ag�inst aay successor in iateress or ceih�se to aetend time for pa t or �:; <br /> ns <br /> � othenvtse madify amonL.adon of tLe sums secured by this Secvrity Insnutneut by reason of any dem��rerl e by the �:_. <br /> orlgiaal Borrower or Borrower's successors in lnterest.Any torbearaace by Leader in exenisiug aay d�ht or reraedy shall ".; <br /> : f; ` not bcs a waiver of or preclude tho exercise of aay rlght or retnedy. <br /> .,,,,.�. IZ.Successore and Asstgos Bouad;Joiat und Scveral�,9abUityi,Co-slgaers. 'I9ie covenants andag�e nte o'f <br /> � °'`,ti'`r� thie Securiry Iaetn�mcent shail 6ind aud benefit the aucoesso:s und essi s of Lender aad Borrower. sub ect to the <br /> , '.'�:. ; provisions of paragrAph 17.Romuwer's wvenants�utd a teements ehall be�oint and several. Any Borrower w�o co-sigas <br />-::�� � � thia Security Lustrutt�ea4�ut does not exe�cute the Note:�a)is co-ei$aing th�s 5ecmrity Insuument onl to mortguga.�rant <br />-;, .:���`-�,;. ., and comvey that Honawer's interest in We Prope under the temis af tbis SPCUdty Iusaumeat: �b) Is not �lly <br /> rty P�o <br /> ;,4�•.r.:';n:�n� �. abiiga��fl to pay the sums secu�ed by thia Sa:urit I,�st��:: a�i l�}agrc� ttsat L�s�sa;ather�arrQ�er�a� __ <br /> . ..<,.,; , agree tm exteud,mmdliy, forbear or make any accummodadons with regard to th�terma oP t�as Securlty Iasuument as ihs <br /> -_� Note withou�t that�rnnwer'$consent. <br /> J►�-�':�•`':;": 19.Loan C�bflr�s If the loan secured by t�i9s Sectuity Instnunent la sdsbject W a law which sets maximum lona __ <br /> � ' es and that Isw is tinell inte reted so [t�a¢ the interPSt or other lo�� chnrgea collected or to be colleoted in <br />�,;:�'``;+,�`+.�: <br /> :. .._.... <br /> �,.�:�.� conaact�on with the loan exceed the permttted licri�cs� then:(a) any such lopn charge sheU be reduced by the emount <br /> ��,��;;;. noc�sarY w reduce the chatge to thepetmItted limir and(b)any suuas alt+eady r.ollected from Borrower�vhich eac.�edad <br /> -._v,�;,,;�, permitted limlts will be reflmded w Bormwer. Lender may choose to make tbie refund by reducing tlte principal owed <br />_:_.::;.�y�l.z� uader the Note or by making a direct payment to Bocrower. If a reiLnd reduces prlacipal,the reduction wUl be treated av a <br /> �"�.�� partt�l pnpay�n t wiWout any prepayu�ent charge uader the Note. <br />__,a,;,.�� !4.Notdces. Any notice w Borsower provlded for in thia Securiry Enstrumeat shalt be gtven by delivering[t oi by <br />�� maUing it by flrat class mail ualess applicable law requ�c+es use of anolher methoa. 'Ihe aoUce shalI be disected w the <br /> Pmperty Ad�cess or suy other address Borrower designates by nodce to Lender.Any an�ce w L.ender ehall be given by <br /> --°�=-�r@�� flrst clpss�ail to Lender's address stated herein or any other udd�ess LenQer designates by notice to Bormwer.Any nodce <br /> .,�:�� vided for ia this Security insuumeat ehal!be deemed w have bo�givea w 8o:rower or Le�lder when gtve.n es prnvided <br />;.r��'�z:��� ��p��ph. <br /> 15.GoverrsE�sg Lawi Severnbilit,y. T1hi�S�urity Insuvment shall ba IIoveme�!by federal inw oad the law of ihe <br /> jnrisdiction in which the Propenry ia located. Ia t�:Y e+reat that any provision or claau►e of thin S�curity Inauunaent or the <br /> — � �� Note eonflicts withapplicable law. such oontlict s9�1 aot affect other pravlsians of this Secur[ry Inatcuuoent or the Note <br />�.�.`,� which can be gtven effxi w[thout the oonflict�pmvlsion.To tWs ead the proviaions of Wte Securlty Ia9nvment and the <br />--�.�:�t��� Note are decl�ued to be sevemble. <br /> =__-_—�,:� 16.Bon�awer's Copy. Boxeower shell_be�ivea oae comffosmed copy af the Note and of thia Se,curlty Insnvrnent. , . <br /> -- 17.ZY�eade�oi t�e Property or n Beazficlal Interrs't in Borro�a�. If uU or nay part of the Pcvperty ot nhy <br />_---- interest ia Et is suld�oa trnasfe�d(or if n bea�iri�t iaterest iu Borro�ver is sold or traasfen�ed und Borrower ia not n <br /> _�,.._. _� natucal lD�rsAn)wit2i�rt Lender's prtor writt�n consent.Leader�y�ai its opdon.re�luine immedisite paya�eat ia fiill af aIl . <br /> - --_=� s�s�aued by tLi»S�ity I�tu�iteul.Hut�lev�t.tiils o�tio sheEt �at L:esei�ctsea by Lzndcr if exetctsc is gmts�mi..-ia � <br />=�=;� by fedemllaw as of th�date oP thia Socurtty Insumneat. . <br /> ---�._..:..,�� If Ixader ea�ercLses this option,l.euder sLall ve Bom�wer notia of nccelerntion.The notice shull provide a perli+rrD <br />-.W-.�;�«4�� of not less tttan 3U d��o fmm tite date the sotice is�elivened or maile�withi�a whtch Bomower must pa,y��vms sec�red , <br />:�+:'�E"�:°�' Form 3028 fN90(Aogo 4 of�1 <br />������:r'.:,:'~Y -- <br /> . y�..,�: . g11NNG'3 SvSTQMS,INC.,6T.CIAUD.MN 609021T�BOOr187•73411 FOflll1 MD�t�td0 416f91 <br />-'c_�.:. .. .. <br /> �;:t..,d. . - <br /> �r = <br />___ � � <br /> a,'. `.". . .��. — <br /> 1 _.ilP-'. 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