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<br /> including flcfads or flcwding, fur which Lcr.dcr rcquirea insurat�e. 71ils insurancc shall bc maimaincd in tha amaunta wid
<br /> for the pedod�th�t I.enGer ui�a. The ineurance c�rrler providlnQ the fnsur�nce ch�ll be chc�sen by Borrower�u4Jcet to
<br /> L.ender'e appmv�l which eh� nat be unxe�wn�bly wlthheld. If Borrowcr f�.l� to nuint�in ooverye dacr[bed�bove,
<br /> Lendcr may. �t Lcnder's optlon, obtdr�cover�c to prAtecc l.ender'e r]ghta in the Propeny in w�cordu�c;o with F+usgreph
<br /> T.
<br /> All tiuuranro policie�and remwals shafl bs �ecepuble m Lender end shall include n standatd mortgAge etauae.
<br /> l.ender eh�Jl have We dght to hold the policle��ad cea�ewal�.ii Ixndcr rtlyuir�. ,�rcuwr,r ehAll pio�t�ily�ive ca L;;;uler �
<br /> all caxipu of p�ld premZuroa aM ren�wd nMiaa. In tho ovcuur,of lou,Boma�xe��hall�tve pron�t not ce to the ia�uru�ca
<br /> carrter And l.ender.L,cisder may rn�kr�praof of loys if not m�de promptly by Borrower.
<br /> Unita�Lender nnd Borrower otherwiu�gcee in wdtia�,iaauruice pr�ed�shall be�ppliod to�toration orrsp�ir
<br /> of the Propc�tyd��ed, i!the ratonttoa or re�itir ia eoonomically f�aible�nd l�nde¢'a securiry le not l�a�eAed. If the
<br /> rwtor�tiom or n:p�ir f�not econom�cally feulble or Lender'�eecurity would be la:er�ed,the insurance moeald�t►�11 be
<br /> m
<br /> applied to the aums saured by thi�Secudry Itutru�neat. whether or na Wen due,wlth wy exceu p�Z to Borrower. If
<br /> Burrower al�ixbua dx Property, or dat�aot answar Within 30 d�ys a noticc trom I.ender that dte iatursnce canEsr hx�
<br /> offered to tettle a claim,then La�der may collxt the insur�aoe pme-.�ed�. L.ender may use tbe proceedc torep�ir ar rCStoro
<br /> the Pcopt►tiy or to pay sums savred by thi�Socurity inatn�meat. whether or nnr,thtn due. 'E'de 30-d�y pedod wiU begin� _
<br /> whea 11ae uotia is grven.
<br /> Unksa 1„aidcr Aad Barrower otherwieo agree in wrltinE,sny lisation of proceeds to princlp�tb�ll rwt extaud or
<br /> p�»tpone We due daee of the monthly p�ymenta rtferted to In pua�r�1 aud 2 a ch�a�e t1k unaunt of the payroait�. If
<br /> under pua�Caph 21 tho Pmpercy is by I.ender.Bonrower'�dght to my imurmoc polkia aad pc+o�eode rawltin�
<br /> from da»�e co the Property pdor t�uindoa rhtll p�to L�ender.o the e�uat of tha wr�u�oeurod by ttw Secaulty
<br /> f113�111B1Ctli�mult4lliii�lj� �ii0"t IG tub wC�'j11{S1i10�. -
<br /> f. Oe�wpwcy.'��tio�� 1N�lutea�uce �ad Pto,�xti,n o1r t1 � Ftope�tyi Borrow•er'� I.u�n AppHcaHon;
<br /> I.eAeel�old�. Horrower sh�ll occupy. est�btish� u�d use tha Propcay as Borrower'e �,rinupal res,.ieaoe withln �ixty day�
<br /> aRcs the oxceution of this 3ocuriry Iasuvment and sh�ll contfnue to occupy the�cty u�arrower's prIncipal raidonce
<br /> for at lwt oa�year aRcr We date of axup�ucy,uNes�Lender othe:wise agreW n writI�ng, which oon�ent ahall not bG
<br /> unrasocubly withheld.ar ualesa extwuuing circumstsnccs exiat which u+e boyc►sd Bormwer's coatml.Borrower diall not
<br /> ckatroy.dumge or Impair the Propecty, allow tho Property tu detedorate, or commtt wastG on the Propecty. Bomokcr —
<br /> sl�ll be in def�ult if aay forfeitun actlon or proceeding, whether civll or c�imin�l, ia be�un th�t in L.erxler's good fdth
<br /> �od�meat c.oWd result jn forfoiture of the Property or otherwise m+terially �mpair the Ika cre�ted by thia Security
<br /> naaunxnt or L,�ackr's eoeuriry interest.Borrower ma�r cure auch�defiult u�d relnet�ue,aa provid�d in p+rc�nph i8.by
<br /> c,�usinb the acti�m or•pmceed'ing to be diamiseed with a tvlia,� t6n. in I.ead�er': good f�ith detertninwtioa. Precluda
<br /> forfeituro of the Hormwer's intexest in the Property or other muerial imp�izmeat uf the liea cre�tod by this Securlry
<br /> Iniuumait or Lender's security tntereat.Borrnwa etall�lw be in default if gomo�ver.durin8 tbe lo�a rppl�tion prnce�a�
<br /> ....,����t�,fS!•�L•: ^ � i!lf��;��±r�tu�!frMTffA tti Trnr4r fnr failed tn nmvide [mfer�tlth mv mate['tel
<br /> infor�n,�iw connection with the lo:errev�dsnt��ed by the Note. �ncludioa.but not limited to, npramtatioas�oaeacning.
<br /> 8orrowet'a 0oa�pa�y vf the Propa�t.y�a g��ancipal resldence.If thia Security iastrumwt ia on a leafehMd,Borsnwer sllhli.,
<br /> tomply w3th all the pmvisions of r�2�a�r:if Boraewer ecqutres fee dda to the Pmpeity. the le�adnold�od tLe fec titie'
<br /> sh�li not merge uala+s L.ecr�les�,gr�to the m�erga�ia Avriting. `
<br /> 7. Yrotectio+a oR�,R+ndac'��81�b is the�nperty. If Horrower ftilt to perform the ooveasata and
<br /> contained fn this Securi�y inair�na�,'at; nr there is a leg�l pmoading thu m�y siYaificanlly atfect I.ender': ' u in thS;.
<br /> property(euch ro a prooeeding in banlauptcy.prubate,for coudeamatloa or for�e3tuxe or to eaforce lawe or resnlxia�s};
<br /> thpn A.eackr m�ay do and pay for wh�teva is axeuary to protcct the value of tt►� Propat� �ad I.eader's ri�u ia tLe
<br /> Pmpaty. L,ader's �ctioas may includo payiag my au� socured hy a lka whi�► has priority ova thL Secun
<br /> imuumeat�appearina in�ouctt.piyin�:ra�ouabk attarnrys'fees�ad mterL�on the Prapecty to make rep�irs. Althou�
<br /> L.e�ade�e mry nbe sction under,tbla 7.Irender dod not have to du so.
<br /> My amounts d{sbunod by��under tWs pan�r�h 7�ult beoome a�Widoail deht of Borrowa a�xwnd by Wi�
<br /> Security Iauaumeat.Unkas Aomowa�od I.eader�t�ra to otbcr termi of p�ymeat,thae ait�ounta ehill beu iau�tcan
<br /> the d�oe of d�abur�t at the Nrito rMe smd stWl be pay�ble. wiW intere�t. upon not�oe_fmm I�eader W Parroaa
<br /> �+�s ari�• �
<br /> a.More��e L�rs�r�e. If I.�ler roquired mortgage lnsuru�cc a�a ca�ditian of auaking ttw loas ucured by this
<br /> Securicy I�uaumeac.BWrr�a3v�r ah�li pry the premiums sequuod w ma�as.�tt�c a»xt o iaaur�noe in o�oct. If,for any
<br /> c+aeon, tl�e mort�a�e i�u�nt eo��er�e roquirai by I�a�cler l�t or�cx�acs �to be� e�tcct. Bormwcr�Issll pry the
<br /> preanfums caquirod to oMa�n coversige suMtaoti�lly equivalent to�e monga�e'�ninr+ox palca+iaWY in elkct. �t a ooet
<br /> subataotiilly xquivaleat to the cosit¢a BorroMa of the mort�ge inncrmsoe prev6aiuly ia effe+ct,fmm aa alt�ro�te ma�tpge
<br /> i�un�r q�roved by I.ender.If substuui�llyoqulvaleat mo�t;�e in�sunnce cover�e in noc av�tl�blo�Hormwer ihal�pay
<br /> W L.aider a�ch mactb a swn equ�l to one•twelfth of tLe yearly moit6�e in�u�rioe pnmium beinE paid by Barrower wrhea
<br /> the;Ra�*�oovas�ge i�pad or cwed w be In effea.Len�der will�oa�t.un a,a�d retiin theu paymmts a�loa re�ecr+e
<br /> in liae of Saortg�e mnuanx. Loas nxrvc paymeat�auy no lonaer be raqr�rcd, u the optiou of Irs�der, if�
<br /> iaeurance oovetage(m tht amount xnA.for ttie period that Leader requlrea)piavidaZ by�lnwrer approvod by
<br /> ��in boa7nxa�vaulable aad is obuai�+od. Bormwer sh�ll pay thc prem[uma reqtdred w mrnntain y�e in�oco.yn
<br /> ea�foct..or w provick a los� rr.aerve; until the req�iremeat far mortgage i�uur� emd.+in 8caond�with any written
<br /> • r+�COemplt betwecn Botrower aud ixJSder or applicable law. �e�m Ftp2� 8180/pap�3 of!il
<br /> ' CANK[[lIB SY6TEMS,INC.,ST.CLOW,MN 6e�01 t1�l04991-23471 W�MO•7•NE�16191
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