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<br />, including ftoods or ftooding. for which[.eud�r nquires imwan�.This im�utancc shall b� m�a�tained 'en tha amounts and � , . : ,-.
<br /> for the pemads t6at I.c�er re4w�s•Ttir�n'�ur�°��mer pr°viding the insucanc:r shall b�chosnn by Borrow�r subjc:ct to
<br />_ L.�adtir's approval which shall noi 6e uareasonably withh�td. If Borrowar fails to maintain coverage dcscribcd above. � , .. , .
<br /> - lxader may.ai I,auslrr's option. obtain covrragC to pTOtCC[LCIY�Ci S TI�4S IA[Iitl Prt/PCIL]/il]SCCOtaBIICC WiLIl pSCdb*tBQII � -- -- -- '_ _
<br /> 7. .., ,� ,
<br /> All insuracecx policies and ranewals shall bG accCptablr to l.andar and sl�ill inclu.dr a standanl mort�agto I..��er F` y. ; f `� "
<br /> I,eadCr shall hav�the right to hold the policies and renewals. If l.�nder�:�ins.�arrow�r shall prompdY bm � �1�`�''-?� f:
<br /> aU rex�fpts of paid pr�miums ard reu�wal aotic�s.!n thG nvC�of lo�s, Sorrower sha.l��jC prompt noticC to the imsusancc '���!-��?r•� '. . ; --
<br /> carriar anti I.�ader.Lender may�ake pramf of luss if ant masi�prompdy by BorrowCr_ k`£^r�;� �;�F-sf;:s..` ., � _
<br /> Unless I.ender and Iiamiwe.r edter�.:�e F.:��:�•��riring,imurants pmces�s shaii t�avpiieii to n�storatian or repair i:tt'�.��4•r t',
<br /> i.�t�ize r�siora6on or r� a:.��omicall feasiblG ana I��r"s s�x:uri� is noi les��sl. If the Frr+,ts;Y��h•%.�;';:::���>'-'` ,' : :-
<br /> of th�Property damag�- �'` y f .
<br /> reatnraflon or iepa'v i��c,��uo m i c a ll y fras�l�ar lxr�.i�r's security would br ls�s�d. the insutancC procr,eds shall be r�r`,,'"` i�,�;.,;�_
<br /> . applird to th�svms se�cnred by tbis Secwity Instrume�.wheth�r oe not then due,with any excess pai d W Boaower. I f . ;.:.:g,,,,,,,, ._
<br /> :: ;..
<br /> Borrower abastons the Propectyr. or daw+not answ�r within 30 days a notice from Ixnder that the iasuranoe cartier 1� ...,,: ; .w?,
<br /> w� t in , .
<br /> offered to s�tt1C a claim,then Le�er may colle�.K thC iasurane�proccw�ds.lxnd�r may use t6e proc�eds to rr,�air ar r�tore "
<br /> tha Property or to pay svms serur�d by this Sccurity Instrumeni.whether or not then duC.'['tie 30-day p�nad w�ill begin • .--..,,��,.
<br /> .. � ce is 'ven. bhall noi extCnd or ° �i����.��
<br /> when the aon b� licudon of racrxd-s ta prin��pal
<br />�-;�I Ualess L..rnder and Borrower oth�rwt�agrr.0 in writsng.any app P
<br /> Dw,tponn thn duC dates of thti inunthlY I�Y�ntK roferrnd to ia paragrapds 1 and 2 or chnngC thuic c�u�l f�rocr�3s resutting ' . , +e�a ;.�
<br /> ..-� u�sdrr ragraph 2l ehu Property iK acyuircJ hy Ixnilrr.Bnrruwar'x nght tu any im-uram%C po P �_',._,:
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<br /> from����u thC Praperty priar to thC usyw�ition shall payx w lxndcr tn tha execnt��f the sums r;�curc.+f by t�is S�ecuriry - �,�
<br /> -'jia�ctnsmen4 imtnediatcly prror tu tt�acyw»i t�o n. _ -:- ''�.. .
<br /> ° 6. Occupancy. Prcycrv�Uun� Malnteiwnco und Frutestlon af the Pro�ertyt 8orrarver'e La�n Apptkntlon: -''`�7--_ ,�, .
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<br /> .. � L�tseAUtdy. Borruwer*hall cx:cupy.C+uhli.rh. atH! u�c:th� Pn�p:rty es Botn�wcr y pn�ipa! nssi�:rce withi��ixty days •�.�*a�;_ -
<br /> ' ai'tw thn uxCCUtion of thiy Security I�trument a�x1 K1�o11 rcmtinun to�xxuQy the PropcRy as Botrowur'a prit�ciQal r�stdease y,�K;,$• ---
<br /> far at teast ane year aftcr thb �te uf cncupancy, usilrsy Londer othe►w�s+s a reGg in'r+ntin�i• Whicb coasent shall not 6n
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<br /> • iuurasaasbly withhetd.or unl�s�extcnuatin�circuoostan«.w Cx►st which�ra l�yatd Borrower's conuol.Borrawe�sh�l a�* .:��
<br /> � � drstroy. dama�u or impair thC Prap�rt�r. allow thr Proptirty to detrriorate.or commit wmstrs on the Property• _�_ �, .
<br /> shall bC in defau!t if any forfaidw acuan or praceCd os othorweisa�msteria(lry�nir t�I en crrat�d byrthis Security .:;.:�:T t �• ` `;
<br /> � judgment eould result in forfuiturtl of the PropertY ; �. *'• _
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<br /> (nsuument or Leader a secunq mter�st. Bnnuwer msy cnr�S�uch a default and reinstate. as Provid�d�R�S�+Fh 18,by „c ;
<br />,. , causing the action or proceedin8 to bd dismissed with a niling tuat, in Lender's gaaci fatih deternunation. precludes . . :t��;' `
<br /> � forfeiWre of the Borrower's inierest in the Pcoperty or other mstert3l �mpairment of tiie lien created by this Security � ��'• '-,,,� .;
<br /> � Inst�ument or Leader's security interest.Borrower shall also be in default�f Borrower.during tt�lnan applicatioa procesa. '.� . 1
<br /> . gave matertally felsa or inaccurate iaformatior.or stmtemerts to Lender(or failed to pravide Lender with any �aterial `��., _ s;?
<br /> , n evidenced b the Note.incta�ing.but aot limited to. representations conceming ;��r�.
<br /> 5 infotmation)in connection with d�e toa Y , ���nt is on a lease6old.Bor[ower shall
<br /> ; Bortowei s occupancy of tha Property as a pri�ipal reside�e.!f tlus Security ��:;.:
<br /> �, wmply witb aU the prov�ons of tfie lzase. [f Bosrower acquires fee title to the Property.the leasehold and the fee tiste �,r �°- , ;�
<br /> ��f�. shall aot ar�a�anless Le�er agree.�w t�e merger in writing•If Bo:row�r fsuLs to perform the covenants and ageement5 ��`
<br />. ',' 7. Pe�?�¢�n of I.eader's Righ�:en the Prazeerty � _
<br /> 2hai may significairtly aff�t Lender's ri w the �=�1.
<br /> . , cordained in t'is Security In.s�ument, or¢�ce is a legal proceedi� � • ��y'-:°"?°*"',
<br /> ' in banknipicy. pmisa�.for conde�ax�on or forft:itute or to e�'vrce laws or regulahons). .-.. ����"';.+.,---
<br /> �o�ertY(sucL as a proceedins �;,,'v��b'�„�
<br /> t�en Lender may do and pay for whatever is ��:a profect�e value of xlu2 Praperty a�sd Leader's rights in the `�f��t11�':m-.,.,_ � __
<br /> syy� �,�i b a lien �-3icia hes Fsionty over this Securt'ty
<br /> �� p�Pe�tY. I�nder's ac6o� may inctu�'s payinS a.."� Y ta make re irs. athougb ,�' • . _-
<br /> �� r Instrumeat,a.��easinE in court.PaYin;n�onable attorne}rs'fees;�3 enteriag on the Propeity Pa ;�f�;w�,,,.p` ���•f�, -
<br /> �� Wnder may�la:3se action uader t6is par�y'.:�a 7.Lendcr does not haF��do so. Y ��)�:;�+t,,,�:,t� �` °: ��
<br /> � Any amounts disbuised bY l.er�1��aader this patagraph?s�.hecome additionai debt of Borrow�r secuted b this � .,,y���' y j�;:..,.
<br />, ..'i �L`wls- . .
<br /> S e c u r i t y Insdument. UnP�s Horrower and I.�nder agree�to other terrns of payment.these�mca frnm l.eader o Borcower ',�_FS.���"'r:��:_ �
<br /> �j the date of disbarsemevt at the Nota rate and shall bn paya b 2a, wi t h i n te r e s t, u p o ,y,.,.�-_—.----- --
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<br /> ��4�PaYmea�. °'••`�'`l.�=�?i��'
<br /> � 8.�;,�g a gE Ia�.Ursutoe. If Le�er rr.y�ir�d mortgagc insuraace as a condition of making the lo�an s�cured by this .-� u. . ,�-i
<br /> • � Security I�s::nent. Borrow�r shall pay thc pnmiums requ i r e d e o�a i n t a i a t h tl m o rt g a s e i n s u r a n c u in effecG lf. for any .:.,:�.�_=�r.,_
<br /> reason. the �ortgage e�.�a�ce covrrage requirrd by Leznder lapsr� or cea,es to be in effect, Borrower shall pay the .Zs��_�=._,.-
<br /> . . preipiums required to�� coverag�substantisaUy �yuivaleat to cL: enortgag� insurance previously in effecti at a coss ,.;,, �
<br /> substentially eq �"•^�`��•��..
<br /> uivaleYt�.��cost to 43orrowrr of the mortgag�ias�::s�ce previously in effec�from en alternate mortgaga �''�=�'�`--' �
<br /> �orrower shal)pay �?;��,•��"_.:_: :�7�
<br /> insuror approved by l.e�• if sLh�'.�:ly eyuivslent mortgage insurance coveragd�s not available. i;,� .
<br /> to Lender eacb moath a s:�rq:�a!t�s�a�e-Lwelfth of the yearly marta.�_:iasurxace premiuw bein aP�n sya.Bs a lasse�rve 5���': .. ;.`i'%�:. ,,
<br /> '�`•�-? the im�ar��wver�„�[�YSed or cease�rJ.o be in effect.W�er w1I�a::xgt.use and retain tbese P Y _ .�Sf,•
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<br /> . in lieu af�sriga�e e�.cer.ce. Loss reserve payments may no lo?�ba�Nro�ded b an�t�ter a� roved � • _'• ':"•` _ .
<br /> .: � insvranca wverage(i3 e�o amount and for the period that Leoder requires)p Y � y r,. :' �� ... . ..
<br /> again i�omes available and is abtained. Borrower shall pay the premiwns re4uired to maintain mortgage iacurancs iri "1;':•`='�+4��;��..
<br />..", � effect. or to provide a loss roserve.until the requirement for mort�nge insurtmce ends in accordance wrth any wriKe� :�+�,.�,�: ,. "--
<br /> agreement between Borrower and LenJer or applicabSe law. Form o�lpage 3 of BO ;�`����,��
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<br /> B/,ryl(Eqg SYSTEMS,iNC..ST.CLOUD.MN 6830411-800�397•23M111 F08M MD��-NE 2!6l97 Y���.� �
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