|
. . . . . _ _ '"S��_'��'� . .. . . . .._"`"_' -_ �.
<br /> � ^ . � !.
<br /> . � � , - � -
<br /> _ . -". '-____- _-_��-�
<br /> . , ` . _
<br /> � l.'
<br /> S ,
<br /> � � •- •�
<br /> � 97— �c�i9� . � �;-o:
<br /> by this Security Inscrumen�If Borrower faiLs ro pay these sums prior to the expiration of this period. Leader�aY i�VOke < �"`+ _=
<br /> any remedies permitted by ttus Security Instrun►ent a�nthout further aotice or drmand on Borrow�r. ,:�. --
<br /> 18. BorrowegPs R�ht to Yt�nstate- If Borrower uzeets certain conditions, Borrower shall have the right to have �
<br /> enforcement of this Security lnstrument discontinu�cI at any tiuta�iar ta tha a.arii:.r af:(;�d..^;s to•��ct!n�her netiod�s L � --__
<br /> . agplicabla Iaw may specify for reinstatement)before sale of the Propetty pursuant to aay power of sale contaiaed in this �°
<br /> Securitp Instrumen�or(b)enuY of a judgmeat tuforcing t6is Secwity Instrument.Those condiuons are that Borrower:(a) ( .
<br /> u
<br /> pays Leader all evms a�tich then would be due under this Security Instrument aad the Note as if no accelerntion had
<br /> occnrred; (b) cwes aay default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this .
<br /> ' Security Instrumeni, including, but noi limited to, reasonable attomeys fees;and(d) takes sucb action as L.eader may
<br /> � reasonably require to assure that the lien of this Security Tnstrument, Lender's rights in the Froperty and Borrower's --
<br /> ' obligation to pay the sums secured by th�s Se�u►�Y Ins�men�sh�11�°ntinue unchanped. Ugon reinstatement by Bomower. � . ,
<br /> ; this Se�urity Iastmment and the obligations serured hereby shall remain fully effec4ve as�f no acceleration dad occurred.
<br /> However.this righi W r�einstate shall not ap�ly in th�case of acceleration under paragraph 17. � �
<br /> 19.Sale of Note;Change of Loan 5ervic�r. The Note or a partial interesc in the Note(together with this SecwitY ; , � ,
<br /> r„ es++nt)may be sold one or mose rimes without prior notice to Borrower.A sate may nesolt w a change in the entity ,
<br /> � (Imown as the 'Loan Servicer') t6at eollects monthly paymenu d��e under the Niote and;his Srcurity Instrument. 'Chere l __
<br /> also may be one ur more ch�ng�s ot�ttto Le.an San+ixr unniatcal :u a�+le�:tt� :IotC. I:therr u a chaage of the Law
<br /> Servicer. Borrower will be giveu written aotice of the change in accordance with patagr•iph 14 above and applicable law. , .
<br /> The notice will state the name and adaress of the new Loan Servicer and the address to which payments should be u�ade. .
<br />• ; The notice will also contein any other information required by applicable law. ���� e or release of � -� - „ =-
<br /> , j 20.Hstzardous Substances. Sorrower shaU not cause or permit the presence,use,disPo S .. `
<br /> any Hazardous Subs�nces on or in the Pro�serty. Bosrower shall nai do, nor allow anyone else ta do,anythtng affectin8
<br /> dne Properiy t h at is in vio la 6on o f any E n v i r o n m e n t a l L aw. T he precedin g two senteaces shaU not apzed to be a p rr o IInate ' ' ' . .
<br /> use,or storage on the Property of small quantities of Haranlous Substances that are generally recogni PP P ,� .
<br /> w normal resideatial nses and w maintenance of the Property. , ',�
<br /> Boirower shall promptly give Lender written notice of any investigation,claim,d�d,lawsuit or other action by
<br /> any govemmentai or regulatory agency or private pariy mvolving the Property and any Hazardous Substance or Enviroa- . . , �: .�
<br /> mental Law of which Borrower has actual knowled�e.If Boaower leams.or�s aotified by aay govemmental or regulatorY �`�+.;lf�
<br /> authority,that any removal or ottcer remediation of any Hazardous Substance affecting the Propesty is ttecessary,Borrower ,--
<br /> ..��---
<br /> � shall promptly take aU necessary remedial actions in accordance with Environmental Law. ;•��°' .�
<br /> As used m this paragtaph 20. "HaTardous Substances"ate those substances defined as toxic or hardrdous substaaces . ; _ ..?, . . �,
<br /> by Environmental Iaw and the following substances: gasaline, icerosene, other flammable or toxic petroleum products, . .. .:ti ��[���I . —
<br /> toxic pesticides and herbicides,volatile solveats.materials containing asbestos or formaldeh�+de.and radioactive materiats. ..., �
<br /> r ps nsed in this paragrapb 20. 'Environmeatal Law'means fe�eral laws and Iaws of the junsdiction where the Property is , � ; ; .
<br /> lacated that relate to health,safety or environmental protection.
<br /> , � Nox-Uxrnnxne CovFrr+u�'�•Boaower and Lender further covenant and agree as follows: . � : �� • .
<br /> va
<br /> .., 21.Acxel�ation;Ranedies. Y.pnder shall give aotice to Barrower pcior W acceleration following Eorrower's
<br /> bmach of any aov�ant or agreement in td�is S e c u rity Instrument(but not prior to a�2leration under pasagraph 17 } �'
<br /> : unless ptica6te taw provides otherwise}.The natice stiall s�ify.(a)the defaWt;(4�3°��action required to c�me G'he , . _ `�'�__� �;� _
<br /> defaul y�(c)a date,not le�W a n 3 0 d aps from t he d a te t he n o t�s e�s g i v e n t o B o r►o w�',b y w i ri c h t h e d e f a u l t r�n w t b e ': �
<br /> i c�ed;and(�tvat fa�ure to cu+re th+e default on or 6ePore the date spea�ied in the notice maq result in accelerndon . •; �� •� �� .
<br /> a
<br /> � of the s�nns se�w�ed bY this S�un�3' Inst�ent and sale of the Property.The notice shall further inform Borruwer 'K, '��
<br /> - � of 46e cfght to reinqfate after atse�eraUon and the right to sat�If th defautt�t ot cured on or befose t�e�clute ... .� � ?:��.
<br /> � defaul3 or any otla�defense of Borrower to acceteration und 4
<br /> e .,
<br /> � zd in the nodcel Lender at its option may require immediate payment in full o+f all stuns secured by this , :; .."_---
<br /> �ty Iastr�m►ent w,thout further danand and may invoke the power of sale and any other renedies permitted b7 _ %t;,�_-___ __
<br /> � ' aPPlicuble taw.L�nder shall be entitled to collect all expenses incurretl in �ins�ring the remedies provided in this . _ ��:
<br /> a�ap h 21,including Dut not limited to,reasonable attorneys'fces and costs of tiUe evidence. I��; ';' , �`s
<br /> ." � p If the powe.r of sale i�invoked,Tn�stee shall reaord a nouce of default in each wun u►wlur3�uny part of tlie .
<br /> tY� '•:•���:="-:
<br /> ' ' prop�r�y�s tocated and shall mail copies of sush notice en the manner prescribed by applicabte iaw to Borrower and ; -
<br /> I to t�e Otber p�soa9 prescribed by apPlicable law. After the tune required by apr9icable law,Tr�atee s6a�give � �"
<br /> . , i public cwtice of sale to tbe peisuns and in tl�manner prescribed by app1ic86Ie law. 9'rustee,without dem�nd on ; • t ,.. ---
<br /> :f � Bormw�,shall se11 the Propect�at public auction to the hi�hest bidder at the time and pluoe and�mder the temis , -�.,�_. —.
<br /> � d�gnated in the mchce oP sale m one or more parceLs and m any order Trastee determines.Tnstee may tpo : � ._,�;— :_
<br /> � '. � � sate of all or a� parcel of t�e Yroperty by publtc announoemer►t at the time and place of any prevFously sc�edW� . . .
<br /> i sate.L�nder or its desigr+ee may piu�cl�ase the Proper�y at any sata ' " .. �.
<br /> ; � Upon rece3pt of payment of the�rice bid,Trustee shall deliver to the purchaser Trustee's d�conveyang the . • :���•�
<br /> � Property. The reciWs in the Trus4ee s deed shall be primn fsscie evidence of the truth of the statanents made . � � .. �,
<br /> ` � therein.Trustee s1�a11 apply the proceeds of the sale in the fallowing order.(a)to all costs and expens�s of ew2rcising i �,
<br /> � • ' :
<br /> i
<br /> i Form O fpage� 6I , � ,
<br /> .. I � � I . • . �-
<br /> BANKEii9 SYSTEM9,IHC.,9T.GLOUD,MN 6830217-804387•18A71 fORM M61�NE 4/6/B1 �
<br /> . �
<br /> I I ' • . -
<br /> I
<br /> " I
<br /> � . .
<br /> ' ��
<br /> . I . -
<br /> i E �
<br /> s .
<br /> r —
<br /> I
<br /> � �
<br /> t
<br /> . � t-•
<br /> , . �
<br /> , i . --
<br /> � � . � .-.
<br /> ' ' .� _.�..
<br /> , , .. , .
<br /> '` .. ' ,. . ' . . . . ' , . , ' . . . . . � . • . '� , _ . F . � . ��. . . ,. _�,
<br />
|