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<br /> ••�.• 9.Inspedio�a. b.ender or its agent may make ceasonable entries upon and inspectio:�s of the Peoperty. LRader shall • �' A
<br /> • give Borrower n+�tice at sf,�si�e of or prior to an inspectionspecifying reasonable cause for the insgecdon. < `, � � •`
<br /> 10.Cande�nae�o�. '�'he p:oceeds of any award or c l a i m for damages.direct or conseyuential, in cannection with .: � "<.� �`''a�,`:
<br /> � any coademaation or aiher talan of any part of the Property, or fnr conveyance in lieu of coademnation, ace hemby . _�
<br /> � assign�!and shall 1Qe paid to Lea�er. ---- -- --------• --.
<br /> In the eveut of a total taldng of the Propercy,the proceeds shall be applied to the suias secured by this Security '�" _
<br /> � Instzument,�vhe,ther or not then dne,w�th any eacess pa�d to Borrower. In she event of a paraal taking of the Prope m • -
<br /> which the fair market value of the Property immediatety before ihe ta�ng isequal to or greater than the atnonnt o�the . F� � . _
<br /> • sums secured by this Security Instxum�t immediately before the ta�ng,unless Borrower and I.ender otherwise agree in . ' '4,. �
<br /> _ rrritin�, the swns secured by tY�is Security Instrument shall be reduced by the amount of the�raceeds tnultiplied by the _.,:�,,,,�:�:, .;.-_, _
<br />- - followwg fcaction.(a)the total amow�t af the sums secured imm�diately before the taking,divcded by(b)the fair market `,'�'" �
<br /> � value af the Property immediately hefore the taking.Any balaace s1�a11 be paid to Eorrower.In the ev�t of a partial ssl�ng -����.�
<br /> of the Property in which the fair mazket value of the Properry immediafeiy before the taidng is tes�s than the amount of the . , o . ..
<br />� s�.sms secaired;,,,•+,�t;a•Ply before the taking,nnl�ss Somnwer aud I�ender othervrise agree in vrritIssg or untes.s applicable . . � _
<br /> ]a7v otherwise pmvides.the prooeeds shall 6e applied to the sums secured by this Security Insuument whether or noi the _ __. �. ;�.` .:; .`a
<br /> . sums are thea due. -'�.•�.f� �
<br /> :g the Properry is abandoned by Borrower,or if,after notice by Lender to Borrower that ihe condemnor offeis to -..� ` � __
<br />-_ �e�s-•rard or seule a claim for damages,Borrower fails to zespond tn Lender within 30 days after the date the notice , -r;-} _.__
<br /> is giv�,�r i s a m h o r i z e d t o c�l l e t t a n d a p p l y t h e p m c e�s,a t�t s o p t i o n,e i t her to r�toration or t e pair of the Progerty ''•F:'.q, -.-�.(-
<br /> or to�2 sums secure�by this Searcity InstNmeut,whether or not then dae. �'._.- -. � ...
<br /> � .. Unless Ixnder and Borrower otherwise agree in writinS,anY aPPlication of praceeds to principal shall noi extend or • r-- ._.-:�� -,-
<br /> � g c s t{�c n e t h e d u e d a t e o f t h e m o n t h i y p a y i n e n t s r e f e r r e d t o i a p a r a g r a phs 1 and 2 or ch�n ge the amount of such a ts. r � --•
<br />.r : n� p��a :; �.'�- - .:. --
<br /> fll. Roaower Not ReYe��¢d; For�earanee By I.ffider IVot a Waive�. Extension of the time for payment or � _. _
<br /> madifc�s'son of amortization of the�ams secured by this S�taui�y Instrument granted by I.eader to aay sncce.ssar m interest - _
<br /> Ei ,
<br /> of Boaawer shall aot operate to s�i�ie the liabiliry of ti�ori�al Borrower or Bormwer's successors in interesc.l.ender '--}•'�'___•-____
<br /> shall nnt be requiied to conamea��r�cee�in�s�usY s�sor in interest or refnse w extend time for payment or .,�'�;,�,i�.�:.--_-�-_-- �
<br /> , '�r otherwise modify am.orti�aiion af w.�:sums�e�ed by this Src�rity Instts�.:...�+�b�r reason af any de�cd made by the '__._.— .-.�a
<br /> �"�'r�',=�"`_----._�.
<br /> ' ' original Borrower as�usrower's��ars ia�est.Any fo�*ear'�e bg'i�a�er in exeraising any ri�vc!�s m�nedy sleall ., ..��!�;--
<br /> :�" ' aot be a waiver of�r�ciude L.e.�^�e ef�rigbz or s�j. .,�.,1:`.:'"`,r:��
<br /> IlZ. Sucoesers and��:n���t and Se6c�� '� ��;Zo-���s. Tlze rovenants��a�^�+TrG of �;-- • �{�e�:_._
<br /> this S��i�y In, ,*+,�,t shall bi�3 �d benefit We sucassors and ass.� of �� .�d Borrawer, s*�..��eet t*� «:. �,�
<br /> . provisi�ns of ga.�agraph 17.B,�rr��r�'s covenants and a�u s�a!i�e,�iat�.-^�sav�.Any Borroc�er c.fio cr�-s� �� , .�;,::,�:�.��± -�.,:: -
<br /> < ' t h i s S e c�r i 2�r I��e n t b u t d o e s a�r_e x e c u t e the AIote:(a)is cv-si g n i n g c€�is S��:y y=.�-�u�nt only w rno rt g a�e,� t: : -'
<br /> nctnlmetl�• � 1 -a'-�T'=
<br /> and aESnvcry that Burrawer's ia�in the�gesty�der tYe terms of¢fi�s S�urity L (b) is r�t gerss�ri_:y - f�.•�.,,,,�.•..<���, :
<br /> - obli�s l ta pa y the smns s�i�y this Seca�s�.'g Iusaum�:, aad;c)agrees that,1��w and any other Earro��� ., •.r. ,_ 4 ;,"::
<br /> < ag�:o�tend,modifY,forbe2r or mtt'sP anq a,.•Z�u��rno:.s�wt t h reg a r d t o t h e t e m z s oi"�i s S e c u t l ty i n c t m n r�r o~t 3 e �.��{r�.J �,s����,
<br /> ,,��; ?�e�azt�vat that Borrower's consaat. �,•=.ti' .
<br />° .� 13, �a�Chargeq. If the loaa secuied by this Seeurity Insan�ment is sub}ect to a law whlch sets maxmmim toaa ��
<br /> ... c�arges, and that law �s finxlly inierpreted sa that the interest or other loan charges coll� or to be collacte� in �
<br /> � oonnecuon anth the loan eacee�l the peimitted iinuits, then: (a)aay such loan chaz e shall be reduced by the amount '�'�''�
<br /> - S : .r}'�f:� "'_:._
<br /> .�?; necessary to reduce ths charge w thepeimitted limit;and N)anY sums already collected&om Borrower wtuch exceeded ,.
<br /> � ;2," =
<br /> permitted limits will be retunded to Borrower. Leader may choose to make this refuad by reducIng the princlpal owed .
<br /> under the Note or by malcing a diRCt payment to Borrower.If a refund reduoes principal,the reductioa wiU tse ueated as a �.,�E��:: ��-
<br /> artial pngayment without an prepaymjent char8e.under the Note.
<br /> . � p 14.Notices. Any notiyce to Borrower pmvided for In this Security lnstrument shall be piven by delivering it or by �. • �
<br /> . mailing it by fizst class mail untess applicable law requirea use of another method. 'Ihe nouce shall be direcied to d►e ';�!.=�._
<br /> . property Adrress or aay other address Borrower designates by notice to Lender.Any aotice to Lender shall be given by �•.. . ��..
<br /> firat class mail to Leader's addcess atated herein or any other address Leader desig�ates by notice to Bosower.Any notice :�-�,
<br /> � � provided for in this Securiry Inst:ument shall be doemed to have been�iven to Borrower or Lender when gtven as pmvided • '�;:.�',�'`-
<br /> In this paragrapb. _ _ �;.::'
<br /> 15. Governing I.sw;SeverabilIty. 'lb3n Securlty Instrument ahaU be goveme�by federal law and the law of the ' ---v y --_.:
<br /> � j�ction 9n whi;,�^�+e Prnperty is located.In We eveat that any provision or clause of this Security Instr�.�t or the �, _
<br /> • 'IVote confliets with licable law,sucl�confli�t shall not affect other provisions of this Securitq Instrumeat or the Note � '�_'�`'
<br /> ,�:�• which caa be glven�eot without the contlicxing provlsion.To this end the pmvisions of this Security tnsavment aud the ,'_�..."".
<br /> 'i ':'. Note are Qeclared to be severable. ;�'
<br /> 16.Bosawer's Copy. Bo:sower shall be given one confom�copY of the Note attd of tbis S�uriry Iastniment. 4�i; _--
<br /> , 17.Teaasfer of tYte Piropaty or a B�eIIctal Interest in Borrower. If a11 or any part of t�e Property or�y ��;�+}. �,:��� . �'
<br /> �� ituerest in it is sold or uansferred(or if a 6eneficial interest in Bosower is sotd or naasferce�aa.s�Borrower is not a "'���__
<br /> . natutal peison)without Lead2r's prior written wnsent,Lender may,a�t its oprien,recNire immsdiaze pd��ent ta fiill of all . � .�� �..,_
<br /> � snms secured by tIus 5ocurity rn��me�►t. However,this aption shall not Ise exercised by L,endet if��se�s g�r�:.;ited `. �.��:+�
<br /> by federal law as of the date of t�i�Seaulty Instrument. .�`::"� . , .�. �
<br /> IIf Lender eaerrises this option,Lender shall give Boaawer notice of acceleration.The notice sb�all provide a�n.�od ��.�,
<br /> of not less than 3�daya from the date the notice is deLvered or mailed withia which Boaower must pay all sums sect�ed ,.•�.;:-.��� �
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<br /> Form'J'��9/90,�fPage 4 0!6/ t��F w L" '
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<br /> puJRppS gyS►ENtg,INC..ST.CLOUD.MN 68302 f1�80Q397•43411 FORM MD�1-NE 718/97 �',.
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