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<br /> . . . '1 , by this Security Ins��1f Hormwec ia7s to pay these suu�s prior to the expiiatioa of this periad. L�der may invoke -. .
<br /> . ' . ' �y rem�dies permitted by this Serurity Insuauient v�ntbout farther aotice or demand oa Boimwer. � , .
<br /> nsua ent
<br /> 18.Borrow�r's Right to R�nstate. if Borrower meets ce:tain cunditions.Borrower sHalt have the right to have ,� •
<br /> enfo�ea�eat of this Saauicy Instmmem discontinned at any tirne prior to the earlier of:(aj�daYs(or suc�other period as '_ : .
<br /> , <. �.. aPplicable!aw may specifY for reinstai�wt)6efore sale of the Property���Y Po�ver of sale wntained in this ,.�``.�•� �
<br /> � , � SecurIry��:or(b)eatry ludgm�t t 'ilwse coaditions aie that Botrower:(a) ..
<br /> of a' �forcmg this Sec�ttit5►Ias�umen•aad the Note�as if no acceletation had
<br /> . . , � pays Lender all sums whic�th� wonld be due under this Security Instroment _
<br /> occurred� (b) cu�es anY defavIt of any other coveaants or agre�nents; (c)PaYs all exPe�s incurted tn enforcmg tlus
<br /> � _ _,: �� S�ty�suument, intlndiag,but not limited to. reasonable attomeys' fees: aud(d)takes such actioa� BLenderwer's :.
<br /> �_; reasonably requiie w assure that the lien of this Security ]n�trument. Lendcr's rights ia the PropertY
<br /> shaU continue unchanged.U an reinstasement by Horrower,
<br /> ` � obligation to pay the smns secured by ti�is Sewrrity Insuum� � -
<br /> Inssnunent and the obligations secnred heceby s6all c�nain fu11y effec6ve as if no asceleration had ocaur�• '� J'�
<br /> tivs Sec�uity to reinstate shall not apply in the case of a�eleration under paragraph 17. . �
<br /> . . ; � i However.this right of Loaa ServFoe�. 'I7ie Note or a partlsl umterest in the Note(together with this SecuritY �' . `,' `_
<br /> _ � 19.Sate of Not�Chan�e - `" `�:.
<br /> { instrameat)may be sold one or more times without prior norice to 8orrou►er.A sale maY asolt in a change in the eatiry . ,,.`-;;�-._`..
<br /> . . . � (knowa as th�"Loan Seavicer")that wltects aQOai�IY PaYm���mder the Note and this S�nrity Iasnrument.'Riere
<br /> � atso may be one or more changes of the I.flaa Servicer unrel�ed to a sale of the Note. I�14 above and aPPlicable law. •!V' r ��`�---
<br /> � Se�vicer,Sorrower w�16e given wriaea norice of the chaage ia accordanc�e with paragrap , shonld be made. '�'" '�
<br /> S� r an e e . _
<br /> The aotice will state the name and addiess of the neav Loan Serviicer and the addr�.ss to which paymeats ;�.„;.-:;�:
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<br /> The uorice weIl atso contain az►Y other information requi�ed by applicable law. . •.'�"''�'-
<br /> . ;� � Z0.Ha7ardous Su6stances. Boaower shall not cause or pecmit the presence,use,disPosal.storage,or:elease of -,,w�w,
<br /> " gurrower shall not do, nor allow aayone else to do,anything�'e�ng '- ��;=
<br />'-�, . , aay Ha7ardons Substanccs on or in the PropertY• taro sentences shall not apptJ+to ihe presence, -- .�
<br /> ' the pmpetty that is in vioIatioa of aay Environmental law.'Ihe preceding to 6e appmpriate =-
<br /> ' use,or storage on the Property of small quantities of Hazazdous Substances that are generallY recogn+7�ed :
<br /> to normal residential vses and w matntenance of the Pro�ertY. �_
<br /> ' Bonower shall promPtlY give L�ender wriuea nouce of any iavestlgadon,claim,demand,lawsuit or other acdon by '�E, ,y,_•:
<br /> ' , anY govemmental or regulatorY aSen�7+or private pa�ty iavolving the PropertY and any Hazardons Substance or Enviroa- �- : .,:�:`.._
<br /> t
<br /> . �. . mental Law of which Bortower has actual tmowiedge.If Borrower leams,or is nop�by any governmental or regulatorY `'..,_- L., .�'
<br /> authori t y,that anY renioval or other remedia6on of any Har�rdous Substance affecting tfle Properry is necessazY,Borrower — _
<br /> ` ,��•t �p��pdy take all n r e m e d i a l a c t i o a s i n a c c o r d a n c e w i t h E n v i r o n m e n t a l L aw. �.,,-
<br /> ' ps ased m this p�20."Ha�rdous Sutstances°are those substances dei"med as touc or hazardaus substances
<br /> - . by Enviroamental Law and the following substances: gasoline,_keroseae,ather flammable or�r dioactive materFals. ` �h-` '
<br /> _ .. . __-. to�uc pesticides an�herbicides.volatile solveats.materials contauiin8 asbestos or formaldeh�rde, _ �` =m.o
<br /> . ,�° As used in this para$raph Z0,"Environmental Law"means federal Iaws�d laws of the}unsdictton where the Property is ` �,
<br /> � , locat�that relate to health.safet�+or euvironmental proteaion. .•.�•�.-a
<br /> � Notv-UNtrox�Cov�arrrs.Borrowet and Lender fuNter wveaant and agree as follows: . . ...._._.�
<br /> .. , � 21.AcceteraHon;Remedies. Lendes shall give nottce to Bosower Prinr to acceleration followlag Borrower's . f�,. .
<br /> � breach of aay coveaant ar ap,reeutent ia Wis Secm�ftp Insbwaent(bat aot prtor to acceleratton uuder paregrapb 17 , �`".�
<br /> � a, �:*
<br /> •r' . � �mless applicable law provides otheswis$).The notice sball spedfy:(a)the dePanit;N)the adion requdred to cm�e the . - - -
<br /> defanit;(c)a date.not less tban 30 days iYom the date the notice is given w Borrower.by which the defuuIt must be �' ,� �.
<br /> cured;and(�that fa�ure to cure the dePault on os 6ePore the date specifi�tn�ce��Y����oB��°�n, =� �_,'
<br /> of the s�mts sec+n�ed by this Securtty In�tniment and saie of the Property. .',;y;:
<br /> ` � of the rlgt►t to reinstate after acce�teration and the rig6t to bring a w�t action w assert the noa�xistence oY a ';;�, .
<br /> � d e favIt or a n y other defensQ of Borrower to accelerat�on aad sale-If the defaWt is nat cw�ed on or bePore the date , �... d,
<br /> � imm�liate paymen t in f a U o f a ll s u m.v seau�d b y this , �•"•�_
<br /> • Sp�e�iu We not€ce, 1.ender at its opt�on msy re�ui�e �: '�f,�•-
<br /> • • � ' gec�ty Instr�ent without f�ther danand ead may invoke the power of sale and any other rane�ies permitted by
<br /> .,• applfcable law. Lender sLall be entltled to collect aU expeascs in�w�red tn p�naving the remedies providal In this ' ,.�•
<br /> , paragra h 21,including,but aot limited tu,reasonable attoraeys'fees and costs of titie evidence. �� �
<br /> ., p af the .. .. 's:__
<br /> • • IP the power of sale is invoke8,Trustee shaIl record a not�ce of dePault in each co��le Ia o Borr�ower and � �`'`
<br /> . •� praperty�s tocated and shall mail cogtes of such notice in the manner prescribed by app T�custee shell gh+e ' � :
<br /> to the other persuns prescribed by applfcable law. After the tlme required by appllcable law, . .., •
<br /> ` pnblic aotice of sale to the persons and in Ihe manner prescrjbed by appl�cable law.Trustce,wlthout demand on .. ,���
<br /> •� B o r r ower,sha11 seil the Property at gublic aucdon to the higtiest bidder at the time and place and under the terms
<br /> � de�sfgnated in 1he notFce of sale in one o b �ublIcranno dcement at he ti m e d pla�of any T p�viou5l,Y s h e�Wed ' , � �
<br /> �� • ' sale of all or any parcel of the ProPerty y P "
<br /> '.i sale.Leader or Its des3gnee maY Purcl�ase We Froperty a!any sale. , , .
<br /> �:. � ' �� Upon receipt oY payment of the�rice bid,'IYustee shall deliver to the purchaser Tnistee s deed conve�3ng the
<br /> � � . properiy. The recitals in the 7Yustee a deed sha11 be pr�ma facie evidence of the trutb.oY the slatemenj� Qn�de .
<br /> : therein.Trn.�tee shall apply the proceeds oP t6e sale in the foltowing order:(a)to 811,costs{�nd expens�oY esercis�ng • •
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<br /> _ � . j Form 3�9/90 fpage 1 / ' � '
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<br /> ..5 - � BANKERS SYSTEMS,INC..ST.CLOUD,MN 6830Y 11•80P397-23411 iORM MD�1�NE Y/8791 `—�-f— . �
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