HomeMy WebLinkAbout0666~ ~ ~ 9
prior to eotry of a jud~ment enforcint this Mortp~e it: (a) Bor~ower Qa~n Lender dl iums wbich would be thea due under
this Monpae. tbe Nae aod nota securin~ Futuro Advancxs~ ii any. had ra acceleration occuned; f b) Borro~ror curst
all brescha of any other covensnts or sareemen~ ot Borrowar contained ia tha Mortp~: (c) Horw~ver p~r sll ressonabk
expe~ua iacurrod 6y Lender ia ea[o~cia~ the covenag4 aad a~ra,menb ot Bomo~er oontainad ia ttus Mortpse and in
ealorcinj Lende~'s remedia u provided in parap~aph 18 heroot. includinj. but uot timiled to. rea~onabk attornay'~ tea: aad
(d) Bor~ower taka sucb sction as lrender may reasonaWp roquire to a~w~ tbat the lia~ ot tLia Mortpsa. Leader"a interat
in ibe Propetqr aad Bormrvu's obliption to pay the swns ~ecurod by tba Mortp,e ~haU oontiaue uaimp~ired. Upon wch
paymeet aad curre b~- Horrowu. tbis Moripse and the obliptiaa sewred bereb~- s1u11 remaia ia fup fa+oe atd d[ect as ii
no accekratioa had oocumed.
20. A~t o[ ReNq A~oiM~e~t ot Recelver. As additional savrity hereuader. Borro~rer hereby assijns w
Lender the re~ts ot the Property. provided that Bomnwe~ ~dl. priot to scoekration under para=nph 18 hereot or abandon-
ment of the Pr~operty. hsve the risht to oollect and retain :uch ren~ as tLey beooma due and payabk.
Upon acoekntion uader puagnph 18 hereot or abandonment oi tbe Property. I.e~der ~all be entitled to have a
receiver appointed by a court to enter upon~ take possession ot and manaae the Ptoperty and to tdkct the ren4 ot tbe
Property, includina those Q~ut due. All rents collected by the reoeiver shall be appliod brst to payment of tbe cosb of
mana~emeet of the Property and oollection of rents. includina, but ~ot l;mited to. roixiver's fea. premiums on reoeiver's
bonds and reasonabk attorney's fea. and then to the sums secured by this Mortpae. 'Ibe reoeivu shall be liabk w socouat
only [or those rents sctually reoeived.
21. F~t~re A~rs~ca. Upoa roquat by 8orrower. Lender. at Le~der's optioo within twa~ty yean traa the date ot tha
Monasae. may make Future Advanoa to Borrower. Such Future Advaaca. with iaterat thereon. s1n11 be secured by this
Mort~e rrhen evidencod by .promi~ory nota stati~~ that said nota are s~cured hereby. At ao dme sba11 tbe principal
amouat ot the indebtednas securod by tlw Mortp~e. not includinj sums advaaoed in aooordaooe henwith W protect the
security of_this Mortaage. exeeed the ori~inal amount ot the Note plus USS.--+~r-r-~++rr+n~:~r+~+~~-i+~~~~
22. Rdea~e. Upqn payraent of aU wms secured by this Mortsaae. I.euda ~all ~+ekase t6is Morisaae w-ithout char~
to Borrowe~. Bomo~r sbaU pay aU ooses oi reoordation. it my.
23. Attorsey"~ Fe~a. As uiod in thu Mort=aae and in the Note. "attornep's fea° shalt indude attoroey's fea, if mr.
which may be awuded by an appellau court.
~N WITNESS WHEREOF~ Borrower has executod this Mortg,age.
s;~a, ~~a ~a a~u~roa
in the DreSence ot:
. . . . . .. . . . . .. . 01: ~ . . . . . . . . . . . . . . . . .cs~~
Ch les A. Watly _ -~~
,
.-s:-s~:~.~. :'G/~rs :e !~`,~~. . . .(Seal)
•Janice L. Wally (/ ~~
$TATE OF ~, . . . . hJ esota . . . . . . . . . . . . . . .~`~1~~/~: `
~Zt i~ ~ ~ ~~~~~ ~.~
I henby ce that on this day. betore me, an o6icer duly autlwrizod in the state aforesaid and in tbe oounty
aforesaid to talce acknowledgeme~its. personally appeared. . Lharles. A.. Jdal ~y. and .Jaai ee .L. . . . . . . . . . .
..Wa] 1~,. his.wlfe. .................. to me Icnown to be t6e person(s) dacribod in and ~rho executod the
forcgoing instrument and acknowledged before me tbat. . they .... ...exocutod tbe samc for the pnrpose therein
espressed.
W~rt~ESS my hand and oH'icial seal in the county and state aforesaid
. . . ~ecem~e ~ . . . . . . . . . . . . . . . . . . . .. ~9. $A . ..
My Commission exp~res: I~ ~ j~~c~- ,
` .......... .~
[~~ ~
_ ...12th., ---..._....aay o~
~ •~ ~k. .
~~I- ='v-~•~. ~ . :~: ~ . . . . . . . .
~~ E.i ' -
~;k G~,~' ~~ ~~/`c~.'
`ty~. -o~. _ . - ; . , -. ~
~o.~~ :r-. ••., ':,., t
~~ . ~ J J, '
?-~ ~ ~
~,~? ' : -~ >
... _ ,<
- • ~ ' a~
~~.s- ~~-
(so.o. s.lw. Tnis Lin. N•.«v.e so. L.na...ne R.caa.o
5163~Z
~
~
=Y~-~~._~_~ _,.._ --
198! F~3 -9 P!S 12~ 46
- ~: { c .Nr ~j c~Lc~ ~
5! i ~Clf CCCV' ±.i i A
s~(~GER POtTP..'.~
.~.lLf:rt i.:i:Ll': C''1S'. ~
~
6~t~I( J~~ P!.GE Ulls
~
V_;_~~