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prior to entry of a judgmetlt enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under
this Mortgage, the Note and notes securing Future Advances. if any, had no acceleration occurred; (b) Borrower cures
all breaches of any other oovenanu or agreements of Borrower contained in this'_Nortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenagts and agreements of Borrower contained in this Mortgage and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney's foes; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage, Lender's interest !
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such .
payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect as if
no acceleration had occurred.
20. AsdpereN of Ret~q Appofnturept of RecNver. As additional security hereunder, Borrower hereby assigns to j
Lender the rents of the Property. provided that Borrower shall, prior to accekration under paragraph 18 hereof or abandon- i
ment of the Property. have the right to collect and retain such rent: as they become due and payable. k
Upon acceleration wader paragraph l$ herc+of or abandonment ~f the Property, Lender shall be eniitled to have a '
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receiver appointed by a court to enter upon. take possession of and manage the Property and to collect the rents of the
Property, including those past due. All rents rnllected by the receiver shall be applied first to payment of the coats of
management of the Property and collection of rents, including, but not limited to. receiver's foes. premiums on receiver's 1
bonds and reasonable attorney's foes, and then to the sums secured by this Mortgage. The receiver shall be liable to aceount
only for those rents actually received. i
21. Fsnure ~drascea. Upon requee by Borrower, Lender, at Lender's option within twenty years from the date of this ~
Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this ;
Mortgage when evidtncod by promissory notes stating that said notes are socurcd hereby. At no time shall the principal
amount of the indebtodnest secured by this Mortgage, not including sums advanced in accoTdarlce herewith to protect the (
security of this Mortgage, exceod the original amount of the Note plus USS"-~'~--~~-'-~~~~~~--~••
2i Rdea~e. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all coats of recordation, ii any.
23. Attorney's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fees, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered '
in the presence of: !
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.(Seal)
Harold J. Paul ~ -a°"°""`
~%CC ~ (seal) -
• Bernice P. Paulus "8or'0N/f -
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STATE OF >?~tttft~idl(, Mlinnesota~ . l .l:e N Y1~•`•~ ,~4bflfil~/~=
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I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared.... Har.Old. J,. Paulus. arivd •Bet-n.iee •R. • • -
1
...Pau 1 us,. h 4s .wife to me known to be the person(s) described in and who eaecutecf the
foregoing instrument and acknowledged before me that t hey • • • • . • executed the same for the purpose therein
I expressed.
WITNESS my hand and official seal in the county and state aforesaid this ~0 .......day of
February
.....................19..80...
My Commission explres:
F:.~-ri 2*>tilMERMAN
'.itisall t'-,L1=~:. Henaepi. Co~rty..fina. .
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`fir: (Space Below This line Reserved For Lender and Recoroerl
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