|
J Fr . js � '` �...�
<br /> ....:.� . . �
<br /> .,, . . _..: - -
<br /> —_� . .... ..,.. . . � :. .... ._:_. — — . _ -_ _ —
<br /> ' x. ' . ' ' . , , .�—'r .. L .' _. � �,_�' � . �..R _c4�- -
<br />� t. .. � _ - _h- i .r . _ , - --.. .._ —_ . ''-
<br /> . - � � � - —'-----�---..�-�. ._.._,_..---..�_.. �._ ,.. _ . _� . -- �'�. E •'�;
<br /> . " ' i' "' � 't.' '-�� i
<br /> e .. . ���,•`� .��'<
<br /> _ ' ., . . . ,�}'.. '
<br /> . . . • ` 'c.° .
<br /> • • - F'
<br /> . � 9�° �c��'��� . ` �:: . .'� .
<br /> : .�. .
<br /> . . by this Seruriry Ins�eut•If BoTrower fa�1s to pay these smns prior to the expiratinn of this periad.Lender may iavoke < ` � •:; ".
<br /> ° • any remedies pe�mitted by this Sec�uity Ims�umeat without further notice or demand oa Borrower. .
<br /> e
<br /> � � 18.Borrow�'s Ytight M Reiastat� If Borrower meets certain oonditions.Bormwer shall have the right to have .<<,�� .� .
<br /> ' eaforcement of this Security Insnvment dissontiaued at aay time prior to the eaziier of:(a)5 days(or surL other period as � .N . � `. ...
<br /> . ' z applicable law may specify for rein.statemeat)befoce sale of the Pmperty puisuant to anY Power of sale contained in this ,..� .
<br /> : Secunty insuum�ai;or(b)enu}'of a judgment e n foscing t h i s S e a u i t y I n s�t.'I h o s e c o a d iu ons are that Bormwer:(a) . �
<br /> . ` . � pays Ixnder all sums tivhicti then would 6e due nnder this Security rn�r�„n,�„r and che Note as if no acceleraxion had . . �
<br /> nder
<br /> � occmred� (b)a�es anY default of any ott►�coveaants or ag�ements: (c)Pays a11 exPenses incurred in enforcing this
<br /> � Seauity Insuumeat, iacluding,but not limited to. reasonabte attomeys' fees; and(d)takes such action as l.endcr may , .
<br /> -^�� teasonai�ly require to assure that the liea of this Security Instrument, Lender's rights ia the Propeity and Bormwer's ._. � , . . ... . ,
<br /> � obligation to pay the sums secured by this Security Insttument shall oontinue uncbanged-Upon reinstatanent by Borrower, . .__ - _ . �
<br /> — _- - this Security Instcument and the obligations secured heieby shaii remaia fuliy effeaive as if no aoc�ecation had accumed. -- -
<br /> � , '' However,tWs right to reinstate shall not apply in t he case o f acce l e i a t ion u n d e r p a r a g r a p h 1�• . .. .
<br /> � � 19.Sale of Note;Change of Loan Servicer. The Note or a partial interest in the Note(togetiter with this Security ,
<br /> � " � •f ` Inspum�t)may be sold one or more times without prior notice co Bor�ower.A sale may result in a change in the entity �
<br /> '`' � (tmown as the"Lnan Servicer")that colle�ts motuhly payments due nnder the Note aad this Security Insmiment.'Ihere - :
<br /> ,,,
<br /> , ( also may be oae or more changes of the Loan Servicer�mnelated w a sale of the Note.If thene is a change of the Loan . . ,`•
<br /> - ` . °• i Servicer,Borrower wi11 be giv�written aotice of the change ia aceardaace with pa�agraPh 14 above and applicable law. . ,.
<br /> ' � . � 'Ihe notice wiU state the name and addtess of the new Loan Serncer a n d t h e a d d m s s w ahtch pa y m e nu shonld be made. : `::�..
<br /> . . The nutice will also oontain any other information r�bY aPPlica6le law. . . � `: Y: •`,
<br /> . ` Z0.Ha7ardo�Snbstances. Borrower shall not cause or permit the pmsence,use,disPosal,storage,or release of `••`-�
<br /> :�:�:�'',
<br /> '� � any Ha��dous Substances on or ia the Property.Bormwer shall not do,aor allow anyone else to do,anytlung affectinS ,.' '..::-�.: .
<br /> r � - the Property thaz is ia vioIation of any Envimnmental Law.The precediag two sentences shall not aPPlyto be appmpriate . -- _
<br /> . � � ' use,or storage on the Property of small qnamtitles of Ha�dous Stibstances that are generally recogni7ed ' r- �_
<br /> ` �'F w nounal rendemiat uses and w maintenaace of the Property. .�N�—
<br /> �..,�• ' Borrower shall pmmpttY 8ive I.ender written notice of any iavestigation,claim.demand,laa+suit or other action by �.� �;,.,�-:
<br /> and any Ha�allous Substance or Enviroa- �• <:�•. `:'° `°. .
<br /> � �Y fi�vemmeutal or regalatory agencl+or private party mvolving the pmpertY , � , .--_
<br /> . . . ,r. . mental Law of which Borrower has ach�lmowledge.If Eorrower leams,or is notified by any govemmental or regulatory :�.:;. t;. . ,==-
<br /> • •�:.�. authoriry,that any removaI or other rem�on of aay Hazardous Substance affe�xing the Pmpecty is necessarg.Borrower � : -,r��.�..�
<br /> �P�uY take all ary i e m e d i a l actions ia aceo r d s+nce w i t h E n v i r o Q m e n t a l L a w. -.`.�_°- . ° �
<br /> • : ps used�n ttus pa�h 20.°H�ous Substances"are thase substances deSaed as toxic or hazardous su8stances ` ` = y s�
<br /> . s t a n ce s: olin e, kerosene, other flammable or toxic petroleum pmduds. �-=�-.:
<br /> � by Eavironmental Law and the following sub gas � �;"":
<br /> • ' - toxtc pesticides and herbicldes,volatile solvents,materials containing asbestos or fosmaldeh�de,and radloactive mater�als. T
<br /> .: . As nsed in this paragcaph Z0."Enviranmental I.aw"means federal laws and laws of the junsdiction ahere We Property is . �*- _,
<br /> . located that relate w health.safety or environmeatal proiection. . �w :.;�-!�':,;
<br /> Nor►-Uc�nrowN Cov�nc�ns.Borruwer and I.eader forther covenant and agcee as follows: �.••�,;
<br /> � 21.Acrel�on;Remedies. Lpnd�shall gtve not�ce to Borrows�prl�or to aoceteratton following Borrower's �•' �---f��,•:.
<br /> � breacb o4 atry covenant or agreement in El�is Se�a�rIty Instram�t(6ut not prtor to acceleratIon ander Paragrapb i? �, �';:;��_
<br /> ,' `v'�r
<br /> .. . .. unless applIcsble law provides olherwLse).The notice shall specify:(a)the default;(b)the seHon requiral to c�re the �..�.��::�.:�[��_
<br /> default;(c)a dat�not less than 30 days fmm the date the not�ce is giveu tu Borcower,by wlucb the default must be ;�•':��4��°
<br /> � , ca�ed;and(�ffiat fallme to cm'e the default on or before ttie date specifie8 in the not�ce may resnit in accelcralion . �'
<br /> ._ :'' p.;•._
<br /> � ' � • oP the swns setured by Wis Seaw�Ity Instrumeat and sale of the Prope�ty.'1'he notice shall further inform Borrower .. ;;<
<br /> � of the right w reinstute after acceleration and We rig6t to brlag a cotnt ad�on to assert tiie noa�rdsteace oP a . ' ��r�
<br /> ; �r
<br /> � • defanit or any other detense oY Bosrower W acceterat�on aud sele.IP the default is aot c�ued on or before the date - .. �_'�,.
<br />',`���- ,� specified in the notFce, I.�der at its optton may re�ire imme8iate payment in full of ell sums s�by Wis ; -:•;;�,
<br /> • � Sec�ity Instn�ent without Pwlher demand and may iuvoke the power of�e and a�ry oW�c reme�t�permitted by ,'�,� -:
<br /> applicab2e law. I.eader shall be�tiued 4o colled all expeoscg incan�ed ia puss�ing the semedies prnvIded iu t6ts ,. =
<br /> , � � paragraph 21,Inctucting,but not limited to,reasonable attorneys'fees and costs of title evtdence. � . ���.;--
<br /> IP the power of sale is invoked,Tn�stee shall record a notice of default in eac6 cmunty in which any part of the � '�:��',
<br /> Property is located and shall maD wpics of sach notice in the manner presw'ibed by appltsable law to Bosower and �� : •��:.
<br /> - w We othcr p��s pr�rrFhed by appttcable taw. After the tlme requir�l by appl�cable Iaw.'IYnstee shall give •-----_.-�_--
<br /> :..� .... -- -
<br /> � pnbllc notice of sale to the persons and In the mauner pressclbed by applicable Iaw. Tsustee,wtthout deaaand on �"`: ":�'•. -�_-�
<br /> Borrower shall seU the Ptop at publ�c anction to the Wghest biddcr at the time and place and�mder We terms �. �
<br /> . ;' . � te�i�•t�.�oiEee,o,�'saT�one or mose parcds and in any order Trustee determinev.'1'�vstee maY pastpOne . __-_
<br /> <.;. � ' e o �, r ce1 of;t�e operty by publ�c anaouncement at the tirae and place of any previously schet�uled
<br /> . 4.a��P�'' �pw�c8ase the Property at any sale.
<br /> . . � ������� " y m e h t o f t h e r i ce b l d,T r u s t e e s h a l l d e l i v e r t o t h e p u r c h a s e r T r a s t e P's d e e d w a v e y i n g t h e . ' ,
<br /> � Prop�'17ie redtals i n 4 he T r a g tee� d e e d s t�a ll be p r I m a f a d e e v t d e n c e o f t h e t r a t h o f t h e s t a t e m e n t s m a d e
<br />-.��•. therein.7Yu.stee shall apply the proceeds of the sale in the following order:(a)to all custs and expens�s oY exerclsing . ; ..
<br /> '��: � • . • ,
<br /> .,; . �o�, za s o rvgae o " . �:.
<br /> - B/WKEA9 SY9TEM5.INC..5T.CLOUO.MN 68302 fl•80639��23011 fOHM MD�1-NE 2/6H7 • - � , '
<br /> ,7 . .
<br />_-;ti � ,
<br /> . � .
<br /> • � '
<br /> . �
<br /> , i .
<br /> • � � .
<br /> 1 � � � . •
<br />.. - �� r — _—_-_--'_`,
<br /> �
<br /> �
<br /> i. . .
<br /> , .� . • r --
<br /> . , ' • ° °---
<br /> ••,... ., .,. „_ .... . _, . . . • . . �; •
<br /> .
<br /> . . � .
<br /> . •.
<br /> . . .
<br /> ,
<br />
|