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<br /> d�s'crlbed actions or claims. Grantor assigns to Lender�all por an d p�a�of theaProperty Such ,
<br /> � damages connected with a condemnailon or other eaking of Y
<br /> proceeds shall be considered pay ments and will be applied as p�or�d�o�aages deed�ofntrusmesecurlty
<br /> a5 reemenitorother Ilen docume�t�t to the terms of any p
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<br /> 19. INSURANCE.Grancor sriall keep Property insured against loss eyand focaton�This insurance shallrbe
<br /> and risks reasonably assocfated with the Property due ta ies typ �
<br /> maintained in che amounts and for the periods that Lender req�oval�whichnshall not be unreasonaibly
<br /> th� Insurance shall be chosen by Grantor subJect to Lender's app + at Lender's option� .� � � ,, �V._,�,���.
<br /> withheld. If Grantor fails to maintain the coverage describec! above, Lender may, • �.. . :, . , � .,r,�_:� :
<br /> obtain coverage to protect Lender's rights in the P�operty according to the terms of this Secwrfty �� ,.. }} �.,
<br /> Instrument. `�'
<br /> . : � r'�:� All insurance policies and renewals shall be acceptable to Lender and shall include a sta��dard ;,,����.�_�
<br /> � "mortgage elause and, uvhere applicable, "loss payee clause."Grantor shall immediately nocify lender �
<br /> � of cancellation or termination of the insurance. Lender shall have the rlght to hold the policies ane� �;w�;_..,y
<br /> renewals.IfLenderrequires,Grantor shalllf�iveel�mmevdlateenoticetortherinsupance carr�ierr � Lender�. �`���
<br /> renewal notices. Upon loss, Grant 9 ?*�^ -
<br /> Lender may make proof of loss if noc made immediately by Grantor. .�._.
<br /> Unless othervvfse agreed In writing, all insurance proceeds 5hall be applled to the restoratlon or repalr �,_�. t
<br /> Ilcadon of "'���
<br /> ,�+ of the Properry'n��a�tshall not ex end�or postp one the d'ie da e of the scheduled paymen�nor thange "
<br /> proceeds to p p
<br /> � the amount of any paYment. Any excess wfll be paid �ceedsGesulting fro damage to the Prope tV . ,'
<br /> � Lender, Grantor's rlght to any insurance pollcies and pro
<br /> before the acqulsltlon shall pass to Lender to the extent of the Secured nebt Immediately before th� ' �
<br /> � _ acquisitlon. '`'��� ` '
<br /> _.........., �..o T�vec e _n �NSURAPI[E. Unless otherwfse provided,in a sep�rate agreement, Granto� ,,,�; ,
<br /> tis.
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<br /> wtll not be requl�ed to pay to Lender funds for taxes an�i insurance i��e��ra�r. � �
<br /> 21. F�NANCIAL REPORTS AND fDrm�cion L nd OC�UM deem reasonabl y��necessary.Grantorragrees o sign, � �
<br /> any flnan�lal statement or n ;; • .
<br /> � deliver, and flueaandadrefsenre�G antorsnobligatfons�under thisa5e urcyrinscrument�and Lender'srylien , .,
<br /> pe�fect, contin , P
<br /> status on che Property. � :,
<br /> 22. 10d�T chN Secu�rity n str�menBare�oint�nd indivldual�IfEGSO�tos� sNg�SAhss SecurBity nsDtrumlent but
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<br /> does not sign a ent iof the Secubed�Debt and Grant r�Ydoes not9�g ee to be personallynliable on the _
<br /> to secure paym
<br /> Secured Debt. If this Secuthat�marumeVen�Lender from brtngine�any actlon or claim aqafnst Grantor �' .�.
<br /> agrees to watve any rights Y p �' �`'�"�
<br /> or any�party indebted under the obllgation. These rights may ncluda, b�o this Securirytlnstrum nt --
<br /> antl•deflciency or on�-actton laws.Grantor agrees that Lender and any p rcY ____
<br />= may excend, modlfy or make�an�(u�haa c h a n gt e wHl not release Granto�f om the terms of this Sewr y ,_�__
<br /> ��' debt wfthout Grantor s cons
<br /> , Instrumenc. Th,e duties and Lenderts of this Security Instrument shall bind and bene flt t he succe s s o r s ' _
<br />;� � and assigns of Grantor .
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<br /> 1� � 23. APPLICABLE E.d4W;SEVERABILITY;INTERPRETATION.This Security Instrument is governed by the avds – c
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<br /> �url dicti�n whereithehPropertY is�located aThis�Security Instrum nt is completerand fully int Sg rat d. r
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<br />- This Security Instrument may not be amend�emenmrelated to YhelSecured�ebt chat con411c;s with °-, , ' . �
<br /> � � Security Instrument, attachments, or any a9r ressl or impliedly permi2s the variacions by � i:;, ,
<br /> - � � ±� appUcable law will not be effective, unless that law exp Y �'�
<br /> - � w�itten agr�:�rnent. If any section of thfs 5ecurity Instrument cann�t be enforced according to its terms, �.�� r�" �f
<br /> f'Rq�"�f °';'
<br /> that sectlo� wlll be severed and will not affect the eqforceablUty of the remalnder of this Secur ty . ,,M1^ ,. t,'
<br /> Instrumer�t. Whenever used, the s�ngular shall Intlud� the plural and the plurai the singular. The �. .. �,
<br /> �.:,.. ._.,,..
<br /> - ',a�r;:E:G;;y;r.; .'
<br /> captlons and heading�st or defl e the5ter�s of thislSecuricy InstrumentrTimeis�ofihe essencein tF9is ,;T.�?�.,, ;,.'.
<br /> - to be used to interp �"r i��;�,.;� �"
<br /> _ �� Securlty Instrument. �� ...� �'�� .�'
<br />� ° 24. SUC=E550R TRUSTEE.houtdan' other formalpty than the d signation i mwrit ng�Thersuccesso�r trusteet � „
<br /> ` a successor trustee Y
<br /> i � without conveyancerof Instrurment and applicable law. all the title, power and duties conferred upon
<br />— 1'rustee by thfs Secu y
<br />— .. ' f.T 1 S 26 090(9/9t) (DaD�S o/6� . ..
<br /> -- ' p 1g9�Er.nkus5ysttmf,Inc.,St Cloud.MN (1 600 3971)41)Fnm�GTH MTGUZNE 10/11/94 - _ ,.
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