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<br /> , , . , . -• RERECOR�EU ' . 98.. 1��(�'741 �J�- -
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<br /> by thie Seaurity Instrument. If Borrower fuils to pay thess sums prior to the expiration of thjs period, l.endcr may invokc �:'
<br /> any remediea permitted by thls Security Instniment wlthout further notice or demand on Borrowcr. ,, .,..._
<br /> 18. Borrower's Rig4t to Reinstate. If Bonower meets certain coaditions, Boaawer shall have thc right to have
<br /> enforcement of this Security Instmmeat diswntinued at any time prior to the earlier of: (a) 5 days(ar such other period as ,_
<br /> . applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained In this =- _
<br /> Security Instrument;or(b)eatry of a judgment enforcing this Securlty Instnunent.Those conditions are that Sorrower: (a) ��
<br /> paya Lender all sums which then would be due under this Security Instrument and the Note as If no acceleration had
<br /> occuned; (b) cures an,y default of any other covenants or agreements; (c) pays all expenses incuned in enfotcing this `�fil�
<br /> Security Inatrument. including. but not limited to, reasonable attorneys' fees; and (d) taltes such ac[ian as Lxnder may ,�,.;.�
<br /> r,,,,,,,,,�.. reasonably require to assure that the lien of this Security Insuvment, Lendcr's rights in thc Propercy and Borrower's � ``
<br /> , ,� obligation to pay the sums secured by thls Securlty Instrument shall continue unchanged. Upon reinstatement by Bonower,
<br /> this Secudty Inatnunent and the obligatians secured hereby shall remain fully effective as if no acceleration had occurted. f-w=
<br /> However,this right to reinstate shall not apply in the case of acceleration under paragraph 17. _—
<br /> 19.Sale of Note;�hange of Lean Servicer• The Note or a partial interest in the Note(together wi�h this Security __
<br /> Instniment)maY be sold one or more t lmes w i t ha u t p r i oa n a tn� du eunder�We Nocee and thisuSecurlty IneuumeA e The e '-
<br /> (knowa as the Loan Servicer )that collects monthly p yn►e _—
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<br /> also may be one or more changes af the I.ou► Sen'icer unrelated to a sale of We Note. If there is a cbange of the Loan ___
<br /> Servicer, Borrower will be given written notice of the change in accordance wlth paragraph 14 above and applicable law. _
<br /> The notice will state the name and address of the new Loan Servicer and the address to which payments should be madc.
<br /> The notice will also contain any other information required by applicable law. `
<br /> � 20.Hazardous Sttbstances. Borrower shall not cause or pernut the presence, use, disposal. storage, or release of
<br /> any Hazardous Substances on or in the Property. Borrower shall not do,nor allow anyone else to do, anyching affecting
<br /> ` the Property that is in viulaticn of any Env�ronmental Law. The preceding two sentences shall not apply ro the presence. i
<br /> use,or storage on thc Property of small quantities of Hazardous Substances that are generally recognized w he apgropriate
<br /> � to nornial residential uses and to maintenance of the Property.
<br /> Borrower shall promptly give Lender written noti��o i�y�i�e pTOpecty�and any Hazardous Substance or Envlr nY
<br /> ..� any governmental or regulatory agency or private paccy
<br /> mental Law of which Borrower has actual lcnowledge. If Bonower learas,or is notified by any�overnmental or regulatory
<br /> ,�' authority,that any removal.or other remediation of any Hazardous Substance affecting the Property is neceasary,Bonower
<br /> shell promptly take all necessary remedial actions ia accordance with Environmentsill Law. _
<br /> ps used in this paragraph 20."Hazardous Substances"are chose substances defiaed as toxic or hazardous substances
<br /> �� by Eaviranmental Law and the following substances: gasoline, kerosene, other flammable or toxic peuoleum producta,
<br /> . toxic pesticides and herbicides, Enviroenmental I.a�wa"�means federal awsband lawsf of the jEUrlsdiction here the Pr�perty is _
<br /> �, As used in this paragraph?A. "
<br /> •� located that relate to health,safery or environmental protection.
<br /> T No�L*�lr�pM C�vFN�NTS.Bonower and Lender further covenant and agree as follows:
<br /> 21. Acceleration;Remedies. Lender shall give notice to norruwer prfor!u accclrratlon fo1_lo�ing Borrower's
<br /> � ii. breach of any covenant or agrcement in thia Security Instrument (but not prlor to aceeleratton under paragrapb 17
<br /> � d (b)the actton required to cure the
<br /> unless appIlcable law provtdes otherwise).The notice shaU spec[fy:(a) the efault;
<br /> ' ��. defaWt; (c)a date,not less than 30 days from the dete the notice is g�ven to Borrower,by w6ich the default must be
<br /> � cured;end(tn that failure to cure the default on or before the date speciHed 6►the uotice may result in accelerat[oa _
<br /> of the sums secured by tWs SecuritY Instrument and sele of the Property.'I'he notice shall tt�rther intorm Bottower
<br /> of the right to relnstate after acceleration and the rtght to bring a court action to assert the non-e�dstence of a
<br /> default or any other defense of Borrower to acceleraUon and sale. V the default is not cured on or betore the date ��
<br /> -� specified fn the noNce� Leuder at its optlon may requ[re hnmediate payment in full of aU sums secured by this
<br /> Securjty Instrurneat without further demand and may invoke the power of sale and any other remedles pecm�tted by
<br /> applicable law. Lender shaU be entitled to collect all expenses incurred in pursv�n8 We reme�es Provtded in this
<br /> paragraph 21,including,but not linaited to,reasonable attorneys'fees and costs of title evidence. _
<br /> V the power of sale is invoked,Trustee shall record a notice of default In euch co��ble 1 w o Borpi�owerf an�l
<br /> . Property Is located and shall mail copt��blelawtiAftertthe t�i�meer�uired by appicpable law, Tr�s�tee shall g[ve
<br /> ,*• to the other persons prescrtbed by app
<br /> � pubUc notice of sale to the persons and in the menner prescribed by applicable law. Tn�stee,without demand on
<br /> ,i Borrower, shall seU the Propert at publtc auctton to the highest bidder at the t[me and pluce aad wnder the terms —
<br /> � y ne =— -
<br /> destgnated in the notice of sale ta one or more parcels und in any order Trustee determines. `frust��l YS���
<br /> sale of all or any parcel of the Property by public aanouncement at the time and plase pf any(► �. ,.�.,
<br /> � sale.Lender or fts designee may pw'chnse the Property at any sale. �' ` ' " con �n the F'�• _
<br /> s �
<br /> Upon receipt oP ayment oP the�rice bid�'l�u.titee shall dellver to the purchase�•'1�ui1�7Ra'N dp�d �,_
<br /> prdperty. The recitalsin the Trustee s deed shall be prima facie evidence of tde,ttuth,Rf,xh���Pt�n tnade
<br /> x t h e r e[n.'l�u s t e e s h a ll a p p l y t h e p r o c e e d s o f t he sale in the following order: (a)to all cosb nnt}expceses of exetcfsing
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<br /> �� Form 3�8 9/90 fpago 6 016) ==•
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<br /> u , BANKERS SYSTEMS.INC-.ST.CLOW.MN6830I IL800•397•23411 FORM MD�1•NE 2l6l91 .
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