Loading...
HomeMy WebLinkAbout86710386 /L /0l AM WJ NW 'Prx/10 7S "Ou1 'swelsAS vowel] 666 LCD /b /o f abed) (3Sl VA HO VHd 'OWIHJ 'VINNI 1:10d ION) 3DVD1NOW 1103110 30 3NI1 A1If1D3 3WOH DNIWOAM 00 Oil$ E0 INclanIsct SILL NI 00 /IiT /L a=.LKU SION X2IOSSIIAIOdd (•(s)lgap lions jo amp Cjunlvut jvuf ay; apnpul moils noX pun painoas (s)lgap ay; 4CJ}ivapt Xplvo toads asnuw noA) •suotinitisgns JO suopeocJtpouz `sjgmauaz `suotsuauca haul tie pue Mojaq paquosap igap jo aouapina raw 10 (s)Altlg.reng '(s)10E11uoo `(s)alou SIOSsituoid jjg 3o suuai aul iapun paunouc 1(10 d :smojjol se pautgap st „rgaa PaznoaS„ uual a tL 'SaDNVAQV S1lflsfld QNV i as QSZIf1OSS 'b •luatunslsuj Ifrunoas scut ut pauteluoo sitreuanoo all jo /We uuoj.zad of pue Alunoas s loalold of ruattnulsuj 'iucnoos stuff jo suuai alp .iapun apetu saauenpe of Sickle lou swop uoilellculi stuff `osJV •ouaum-cisul iClunoaS stuff or lams nd anew ,ijpijen sa2retro pue saaj halo pue Namur! apnjout rou saop lunotue jo uotigltunj stu j, 00 000'o Paaoxa iou IteIs awn auo Aug og ruatunlosuc ffiunoaS stuff iCq painoas lunotue jedtouud Term ata JJIS I'I NOLLVOI'I110 „Auadoid„ se of paualas He) anogg paquosap alulsa war auo jo uud aq 'mum aul ui amp /Cue re _to `mou Autu real souatuaogjdaz pug `salnlxI `sa.moon1os `sivaucanorduu atninj pue 2upstxa Iju pue vors 1aoenn pug `satjolcp `s21 !1 ueimdu pug zaoem ire `slgOu set pue no `slu2i1 'mural `sage or `saouguaunddg `sluatuasea `slu2u u talon lauoa2od, (aPoD dIZ) (40) 011£8 $unuoAm our pue lg NQIdFi (AlunoD) (ssaipp') SAI2IQ EM MID ST7Z N ui porno' si Ar.iadoid atZ dOQ21.SHL SFifld rIVIOIdA0 2H1 NO aSHRIJSSc SK ON11401M 'AINrlco NIOONI'I 'NOISIAIagflS 2fYvl' r[IA M3IA SSM SILL dO T£ IOC :Aoiadoid paquosap Sutmojjo3 aql 'ales jo lamod gijM '10 U0' j or s1UgugM pug S0 IIouz `siCanuoo `sutgaleq `sluer2 1o2g2lloN `luatuntisui Aiiinoas scut iapun aouguuoJzad s,.ro2eRpoj# pue (Mojaq pautjap) igaQ palnoas auo alums or pue `pa2pajmoulog sc uotgm jo douaioujns pue ldiaoal aqr `uotoeaapisuoo ajgenjen pue pool rod •SONVAaANOO •Z pug saanigu2is OTT£8 AM 'NOL! Y NOIONIHSVM T78£ L008 XOE 0 d ONIWOAM dO SIV,LS SILL d0 SMV SHI EsaNn ONISSIXX (INV aSZINVSHO X11 ?IVIS 30 ){NVE EH.L OTT E8 AM 'NQLIV Z8L XOE Od S,~1IM INEWHSV NVSL” Waal 0002 AMP e1ea 8ulpaoaag ao3 our' slay anogv aaedS 0 S 0 1OVd 2Id )100 1 :2ISQNS'I souaudpajmoulog iiauo `s1oge2llorN Iguopippe .co3 `utazaq paigzodzoouc uznpuaPPV PO P 2le alp or 1OJac `pa3pauo 3I 0TT£8 AM 'NOL3K Z8L XOE Od aNFESfIH INENEiSK Z NKa :1100 V OI1101AI :smojjo% se are `paltnbaa 3c `saaqumu uopeocliluapi xei pug sassaippe .ctaul 'sawed st (luatunllsul dlunoaS) a2urrow sips 3o alp ata SSIZ)IVd QNV a.LVQ ONIIAIOMA "tJ3 93f W 8 li i 1nnf 00 3 i) ).:LN110J 1 03//13038 (asngjj aouunpV mina tri!M) aoya tow Bulmo,fM JO aims 0011.98 7 Twn ©1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REMTG -WY 10/7/98 051 B. All future advances from Lender to Mortgagor or other future obligations of Mortgagor to Lender under any promissory note, contract, guaranty, or other evidence of debt executed by Mortgagor in favor of Lender executed after this Security Instrument whether or not this Security Instrument is specifically referenced. If more than one person signs this Security Instrument, each Mortgagor agrees that this Security Instrument will secure all future advances and future obligations that are given to or incurred by any one or more Mortgagor, or any one or more Mortgagor and others. All future advances and other future obligations are secured by this Security Instrument even though all or part may not yet be advanced. All future advances and other future obligations are secured as if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advances in any amount. Any such commitment must be agreed to in a separate writing. C. All other obligations Mortgagor owes to Lender, which may later arise, to the extent not prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit account agreement between Mortgagor and Lender. D. All additional sums advanced and expenses incurred by Lender for insuring, preserving or otherwise protecting the Property and its value and any other sums advanced and expenses incurred by Lender under the terms of this Security Instrument. In the event that Lender fails to provide any necessary notice of the right of rescission with respect to any additional indebtedness secured under paragraph B of this Section, Lender waives any subsequent security interest in the Mortgagor's principal dwelling that is created by this Security Instrument (but does not waive the security interest for the debts referenced in paragraph A of this Section). 5. MORTGAGE COVENANTS. Mortgagor agrees that the covenants in this section are material obligations under the Secured Debt and this Security Instrument. If Mortgagor breaches any covenant in this section, Lender may refuse to make additional extensions of credit and reduce the credit limit. By not exercising either remedy on Mortgagor's breach, Lender does not waive Lender's right to later consider the event a breach if it happens again. Payments. Mortgagor agrees that all payments under the Secured Debt will be paid when due and in accordance with the terms of the Secured Debt and this Security Instrument. Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Mortgagor agrees to make all payments when due and to perform or comply with all covenants. Mortgagor also agrees not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Lender's prior written approval. Claims Against Title. Mortgagor will pay all taxes, assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Lender may require Mortgagor to provide to Lender copies of all notices that such amounts are due and the receipts evidencing Mortgagor's payment. Mortgagor will defend title to the Property against any claims that would impair the lien of this Security Instrument. Mortgagor agrees to assign to Lender, as requested by Lender, any rights, claims or defenses Mortgagor may have against parties who supply labor or materials to maintain or improve the Property. Property Condition, Alterations and Inspection. Mortgagor will keep the Property in good condition and make all repairs that are reasonably necessary. Mortgagor shall not commit or allow any waste, impairment, or deterioration of the Property. Mortgagor agrees that the nature of the occupancy and use will not substantially change without Lender's prior written consent. Mortgagor will not permit any change in any license, restrictive covenant or easement without Lender's prior written consent. Mortgagor will notify Lender of all demands, proceedings, claims and actions against Mortgagor, and of any loss or damage to the Property. Lender or Lender's agents may, at Lender's option, enter the Property at any reasonable time for the purpose of inspecting the Property. Lender shall give Mortgagor notice at the time of or before an inspection specifying a reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Lender's benefit and Mortgagor will in no way rely on Lender's inspection. Authority to Perform. If Mortgagor fails to perform any duty or any of the covenants contained in this Security Instrument, Lender may, without notice, perform or cause them to be performed. Mortgagor appoints Lender as attorney in fact to sign Mortgagor's name or pay any amount necessary for performance. Lender's right to perform for Mortgagor shall not create an obligation to perform, and Lender's failure to perform will not preclude Lender from exercising any of Lender's other rights under the law or this Security Instrument. Leaseholds; Condominiums; Planned Unit Developments. Mortgagor agrees to comply with the provisions of any lease if this Security Instrument is on a leasehold. If the Property includes a unit in a condominium or a planned unit development, Mortgagor will perform all of Mortgagor's duties under the covenants, by -laws, or regulations of the condominium or planned unit development. Condemnation. Mortgagor will give Lender prompt notice of any pending or threatened action, by private or public entities to purchase or take any or all of the Property through condemnation, eminent domain, or any other means. Mortgagor authorizes Lender to intervene in Mortgagor's name in any of the above described actions or claims. Mortgagor assigns to Lender the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, security agreement or other lien document. Insurance. Mortgagor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be maintained in the amounts and for the periods that Lender requires. The insurance carrier providing the insurance shall be chosen by Mortgagor subject to Lender's approval, which shall not be unreasonably withheld. If Mortgagor fails to maintain the coverage described above, Lender ma}', at Lender's option, obtain coverage to protect Lender's rights in the Property according to the terms of this Security Instrument. All insurance policies and renewals shall be acceptable to Lender and shall include a standard "mortgage clause" and, where applicable, "loss payee clause." Mortgagor shall immediately notify Lender of cancellation or termination of the insurance. Lender shall have the right to hold the policies and renewals. If Lender requires, Mortgagor shall immediately give to Lender all receipts of paid premiums and renewal notices. Upon loss, Mortgagor shall give immediate notice to the insurance carrier and Lender. Lender may make proof of loss if not made immediately by Mortgagor. Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Lender's option. Any application of proceeds to (page 2 of 4) lb jo E aged) 96 /L /O L AM wiod NW •pnot0 'swelsAS siequeg t66 L O 'ME'j jmuaUJUOnnug /CUE JO uotlnjotn agl 10 aouelsgns snop1EZeH Aug jo asrajai paualgaigl JO asEaja.I agl Ol Supgjai 8uipaaooid Jo `uttuj° 'uopg2psanui pauaIEaup 10 guipuad Aug sI wow anatjaq of uosgai suit IO2g2lioTAI se uoos Se 5u1II.IM ui .Iapua'I /ijnou'Ia2EipaUUUI! jjgt s IOffE2fioj, •Q •ME'I T 1U UnmOlinug Aug guM aougp1000E 111110113E imam' £r SSa °au jje aXEl pegs IogE21i0yAi `loan ug g°ns ui •,ffladoid alp 5uiuiaouoo ME-T jmuauiu0ltnug AUE Jo uoiluiotn E SI aiagl 10 Aliado1d agl wog 10 Iapun 'uo sin000 aouElsgns snop1ez6H g Jo asgapi paualgalgl 10 asBajal g Ji iapua -j Ajpou Aja1Eipatuall jlegs io$g51ioyAj •3 •mnZ jgfuatuuoltnug ajggotjddd Aug gum aougijdutoo jjnj ui uiuulai Hugs pug can 'uaaq angg lugual ,Clan pun Io2u2poj; j 'iapua-j of 8ujlUM TIT pa2paiAOUl°g pug pasojosip /ijsnotnald SE ldaoxg •g •Al.xadoia PIP 3o aau*ruI2lutEiu p!Xr asn ruuou aijl Jos ai udoiddg aq of paziaooai Spulaua2 01E ingl saotrelsgns snopigzelj 3o satlpugnb jjeuis of Xjddd l0U saop uop°tllsal sua •Aizad01d agl u! 10 uo pasgajai 10 palws 'pals °oj aq Him io st a°umisgns snopigzuH ou 'iapuaZ of Wuppm TIT pa2pajmoupE pun pasojosjp Aisnoinald se idaoxg 'd :ingl saaag pug sIuBI1RM `sluasaldal 102g2110j^I ME-T jEluauiuoltnug tine Iapun „a°uEfsgns snop.rezeu„ .10 „MOM snopinzgg„ „`saouglsgns ojxol „`jgualrtu snopigzgg„ sn paupap saouglsgns Aug 'uotagltu ip InogliM 'sapnj°ui ttuaf agZ •luatuuoilnua so aln3iaM 'Ala3Es `Imeag °tjgnd agl o1 snoia2uEp Aggiluaiod 10 snoi0211gp a°uRisgns alp Iapuai 'plum sotlslla1Og1Ego sgg goigm lugunngluoo 10 iuginjjod 'afsEM `In1102ELLI snopigzgq 10 anilogoipgl 'oixoi Aug suEaul a°ugisgns snopinzeH (Z) pug `.aouglsgns snopizzeu u 10 luatuu0linua 'aii;31aM ',ifajgS `gljgag opgnd a p 2uNiaouoo signal antlaidialut JO Suoiuido Igiaua2 /Caul m `slap10 llnoo 'saouuuiplo 'suopgjn2al 'sMEi jgOOJ pug alms 'IEIapa3 Iagfo IF pug l a 1096 'D 'S'n Zb `d'Ia 1 D) lad 'iltjtqut'I pug uojlusuaduzoj 'asuodsag imuauiuonnug antsuagaiduio3 aip 'uopg1 UIij lnogum 'snow Mn'j muaumoilnug (T) `uop °as suit ui pasn sd •SaDNvZSaas Sf1OQfIVZYH QNV SMV'I 'Id.LAI3IIINOIHAAj3 •0I •asgajal Bons JO 51500 U0t1 plo0al Aug 10j /Cud of saadE 1o4g5lloyAj •pasgajai Ijlun loam° ui Uremial imp luatutulsuj'lllnoaS sua °pop Aoldnn(ugg alp Iapun uopoipsllnf 2ujsjolaxa lino° Aug Act papigmg sg igaQ pamoas agl loaiioo of smout .iapua -j saaj ,sAauiollg ajq uosgal agl AEd o1 saai2g 102g811oy\j `apoj ffoldn.njugg salms paftun agf Sq pautuuad 1ualxa agf o,L •Iapua'j atll 3o aaAojduia pau jgs E Ioj saaj ,sAauioug apnjoui iou saop iunouuu sIta •sasuadxa Taal is po pug 'slsoo iinoo 'saaj ,sAauiollE ajgguosgai `oi pairi iou st lnq 'opnjmut ,igw iunoure snlj, •luaulniisui A1tln °as sup Iapun satpauiai pug sig5u s,iapua'j 2utl°aloid 10 8111aioju0 1uu°apoo TIT lapua -j Act paiinout sasuadxa pug sisoo Tie pied Ol saaaE io8g2fioyAi •1gaQ pamoas alp Jo =Jai agf ut pappioid sr 1Oajja ul lsalafut Jo afg1 1sag2tg agf 1g jjnl ut ptgd Iuun luaLUaEd Jo aigp alp Lump lsaialut nag !pm pug pugulap uo alquiind aIR sasuadxa amid, •isaialuj Aftlnoas s,iapua• pug Aliadoid alp 8ut1oaloid astAlagfo Io `8utnlasaid &ut1Oadsut I0J pa11n0ul saaj '01 palttutj iou 01g lug 'apnj°ut sasuadxa g °ns •eifladold aq1 TIT Isalalui (ltinoas sit $uil0aloid 10 sluguano0 gOns 2ujuuojiad ui mow iapua'I sasuadxa jjg dud 01 saaffe io8e8110y\j `luaanulsuj Chin °as sup ut 1Uguanoo Are sagoEaiq Io$n8IJ0JA 11 •SISOD NOI.LDaTIOD !saai SAaNITOLLV !S.LNVAIaAOD AIO SaDNVAQV !sastsIaJXa •6 •utuge suaddgg lI 3t 1jngjap E 1Uana agi iaptsuoO ialgl 01 1g2T1 s,lapua'j antrM fou saop iapua'j 'llnnjap s,1o2g2ytoyii uo ,ipaUlal Aug 2utsioiaxa fou iig •ijngJap 8upstxa Aug Jo am° alajduuoo annbai of ig2U s,iapua'j Jo IantEM E alnljlsuo0 iou ljEgs pajt aIn sSujpaaooid alnsol0a1o3 IaiJg 10 paignia°og st 10 anp st aounjnq agi nut pamoas agi uo fuatuiiEd jgpi d io luatu iEd TIT ums Aug 3o Iapua'j Act a0uglda °On alts •Aliadold alp pas 01 iamod alp `uojlmnu1i 1nogltM '01 paptlua aq Hugs iapua'j 'Iaugaiagl atupAtre zo 1jngjap n JO 0oualln00o alp uodn `Mgj Act paitnbai 3t aotlou 3utni2 Jain 'ajggAgd pug anp Alalgjpatuuzj auuooaq pugs jgdt°uud pug lsalalul pans° °g 'sating° pug saaj paa.i2g agi Jo fled Aug xo Fig `Iapua'j ow Jo uotido agi ld •suotl °g alnsojoaloJ Ioj sajnpagos aunt gsfqulsa ,Cgtu pure saotlou nip 10 'aino 01 1g2!1 gip Jo aOtlou gilm 1o2e2li0JA apinold 01 iapua'j annbai cum mgj alms pug Iuiapaj 'saOuglsui atuos uj 'fjngjap ut st Io2g2llow 3i MgI paptnoid iatmEU1 g ul ivaumllsuj £iiin °as sup asoloaio3 pug igar pamoas agi aiEiajaoog tCEUI Iapua'j 'luaumllsul kltmoas step jo suual agi Iapun algejtune Apautai Iaglo iiue 01 uolllppg uj ,L'If1V1aa saIQaiau •8 •suotfEln23i pug SMej Igiapaj Iapun pallmuad umot re agi untp Iafga12 iunouIE afg2al22g uu ut iapual Iaglouu 10 iapua'j 01 palgaput sautooaq IaMOiiog Bans pure °lot 3E LIE .10 Iapua-j 3 750 0 Iaopjo antlnoaxa alt st Iamouog Suy •snow° 0n9n30x3 •pa1OaJIE Iijasianpg sI isaialui s,lapua'j 'ljnsai g ST pug ,illadold agf uo sasojoaioj Iapjoguatj loud g (t) 10 `1saialut s,lapua1 main XjasianpE Imp uot1OE 01 A11adold alp pug Io2u2lioJAI sloafgns pug io2E2 .IOj, i 1su!E2g paji,I st luatu2pnf r (q) :uteutop luauuua g2noi ua3jE1 st kiiadold gip (2) :paf°a33n AlaslanpE Si Alunoas s,iapua1 pug satp So$g2lim Aug 'IO2E2fioyAI auo nip slow 3i (j) :sate IO2 2110yAi ajos E (a) `.luaulnlisul tiftmoas Sup 3o uaq ag101 lotuas sI imp A11ado1d agi lsutg2g pal' aq 01 uap g sasneo Agaiagl pug loo 01 SjtEJ as1Mlaglo Jo ,iliadoid agi uo sum Agd 01 sjtgj io8g2uoysj (p) '1ipnoas s,lapua'j sloajJg /Cjasianpu uo1TOEU! 10 uotlog agf 1rnp 'Tons Afladoid alp utmureul 01 sjtgj 10 sasn Ajanl1Oniisap as1Miaglo .10 mum slttuuio0 1o2g2lloy%l (o) :�ilI0dold agi siajsuEll Io8g8l1oyii (q) :/(iladold agi uo aouvinsut pannbai utulu!EUm 01 sj!E3 1o2g2lloy\i (g) :8utmojjoj alp '01 paututj loU st inq 'sapnlout stg,j, •Aiiadoid alp ui s1g2!I s,lapua -j 10 Aliadoid agi sioajju tijasianpg 1E sin000 io2g211OJAI .10 iamo1log alp /Cq 110p3 E11! JO UOiIOE XIIV •Sldadol,d anp uagM luatuAud u a3lgul 01 sjreJ uujd Aunba auto' pua uado un st lggl igaQ pamoas Aug uo 10MOl10g iaulnsuoj Aud •sluauuSrd •uejd Aunba auuog pua uado ug st lggl um" pamoas alp glum uopoauuoo TIT uotlmuasaidaisuuu lgpafEUI 10 pngij ut sa2g2ua Iamollog iawnsuoj Auy •pnsa3 :In000 Sutmojjoj agf Jo Aug 3I ilnnjap uI aq 'pm 1o8E2lloN •rIflviaa •ajggotlddg se `(I6S 2I3 ZI) MEj jElapal dq pasodun suotlotllsai agf 01 loafgns si 1g2u silty •Afiadold agi 3o ajns 10 Iajsugii n '3o uoilna10 agi Io3 1Ogi1uoo 10 'Jo uoprai0 agi uodn ajggiCnd pug anp Ajaistpauut aq of igaQ pamoas alp Jo aotrejm aipua agi aigj0ap `uotido 51l It `tiELiI iapuaZ I'IVS NO aria •Afiadoid agf uo slums trap s,zapua'j pug luatunlfsuj Alunoas sup Iapun Suoug2Ijgo S,io2E2110TAT aniasald pug 'anulluoo 'mind o1 klussooau iaptsuoo AtIu iapua'I 1Egl suopgot iliao 10 sluatun °op leuolltppg Aug alp pug `Iangap 'u2is 01 saai2g Io2R211o1il •A.IESSaoau Alquuosuai uiaap Amu iapua'j uonEUUO3ut 10 luauza3Els jgtouEUt3 Aug `isanbai uodn Iapua1 o1 apinoid 'pm Io2E21JoJ, •sluaumaoQ jsuoilippy pus slaodag ppumng •uotltsmbzn agi atom 1ilafntpatuun igaQ pamoas alp jo lualxa gip 01 iapua 01 sod pugs uolusmb °n agf aiopaq Aiiadoid agi Ol a2Eiunp tool; 2upjnsai spaaooid pug satotjod aouginsut Aug of 11121i s,Io2g2l1oyQ `Iapua'j Act pannb °u st Slladold agi 3I 1o2E2lloyg agi 01 pied aq IIt.M ssaoxa Cud •juauagd AuE 3o funouie alp a2ueg° Iou luaiuhd pajnpag°s agi Jo amep anp agi auodlsod io puma lot imp jedl0ulld L .9 11. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a separate agreement, Mortgagor will not be required to pay to Lender funds for taxes and insurance in escrow. 12. JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under this Security Instrument are joint and individual. If Mortgagor signs this Security Instrument but does not sign an evidence of debt, Mortgagor does so only to mortgage Mortgagor's interest in the Property to secure payment of the Secured Debt and Mortgagor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between Lender and Mortgagor, Mortgagor agrees to waive any rights that may prevent Lender from bringing any action or claim against Mortgagor or any party indebted under the obligation. These rights may include, but are not limited to, any anti deficiency or one action laws. The duties and benefits of this Security Instrument shall bind and benefit the successors and assigns of Mortgagor and Lender. 13. SEVERABILITY; INTERPRETATION. This Security Instrument is complete and fully integrated. This Security Instrument may not be amended or modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement related to the Secured Debt that conflicts with applicable law will not be effective, unless that law expressly or impliedly permits the variations by written agreement. If any section of this Security Instrument cannot be enforced according to its terms, that section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security Instrument are for convenience only and are not to be used to interpret or define the terms of this Security Instrument. Time is of the essence in this Security Instrument. 14. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail to the appropriate party's address on page 1 of this Security Instrument, or to any other address designated in writing. Notice to one mortgagor will be deemed to be notice to all mortgagors. 15. WAIVERS. Except to the extent prohibited by law, Mortgagor waives any right regarding the marshalling of liens and assets and all homestead exemption rights relating to the Property. 16. LINE OF CREDIT. The Secured Debt includes a revolving line of credit. Although the Secured Debt may be reduced to a zero balance, this Security Instrument will remain in effect until released. 17. APPLICABLE LAW. This Security Instrument is governed by the laws as agreed to in the Secured Debt, except to the extent required by the laws of the jurisdiction where the Property is located, and applicable federal laws and regulations. 18. RIDERS. The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] Assignment of Leases and Rents Other 19. ADDITIONAL TERMS. SIGNATURES: By signing below, Mortgagor agrees to the terms and covenants contained in this Security Instrument and in any attachments. Mortgagor also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. (Signature) DAN L. ASUMENT ingre COUNTY OF STATE OF LINCOLN "i� WYOMING MY COMMISSION EXPIRES:, 01994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REMTG -WY 10/7/98 053 (Date) (Signature) DEBRA O8671(n ACKNOWLEDGMENT: STATE OF .[^1XQ I NQ COUNTY OF 14MTM.LN ss. (Individual) This instrument was acknowledged before me this ...14:11 day of by ]AT. .,JEW. P My commission expires: (Seal) (Notary Public) (Date) 2.QQP (page 4 of 4)