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4I e <br />! Form No. 100 M Fogt 3 ... <br />ADDENDUM TO MORTGAGE BET\^'EEN PREMIER DESIGN <br />MORTGAGOR AND MARY A. DUNN, MORTGAGEE, DATED _____ <br />A DEVELOP.MENT. LLC, <br />_____________, 2004. <br />Mortgagor agrees the following icmu and conditions arc incor|>oratcd in and made a part of the Mortgage:I <br />I <br />If all or any part of said land or any interest in said land is sold or transferred witliout Mortgagee's prior written <br />consent. Mortgagee may require immediate payment in full of all sums secured by this Mortgage However, this <br />t»I»iion 10 accelerate shall not be exercised by Mortgagee if such exercise is proliibited by applicable law. If <br />Mortgagee exercises this option to accelerate. Mortgagee shall give Mortgagors notice of acceleration IT.c notice <br />.shall provide a period of not less than thirty (3H| days from the dale tlic notice is given sviihin which Mtutgagors <br />must pay all sums secured by this Mortgage. If Mortgagor fails to pay those sums prior to the expiration of this <br />period. Mortgagee may invoke .xn) renvdies permilled by this Mortgage wiihoui further notice or dcm.ind to <br />.Mortgagor. <br />! Rclcrcr.ee K nude lo die Pronihsor)' Note of even djie licrcHiili frem Mongjcor lo Moncjpcc. in die original <br />principal amount of Sixty nmiisaiid and OO'IOitihx Dollars (S60.IXX).00) ('Note*). As provided in llic Note. <br />, Mortgagor sliall pay Murtgagc*e a principal rixJuUion payment of Eight lltousand .Six lluiklrcd arxl OO/HXhbs ! <br />. Ihiliars (SK.600 00) upon the sale of each of the pLilted lots included in Uh? lacid described in this Morig.igc At j <br />Uic time of ca».h such paymeni. and provided Miutgagor is not in default in |x:rf«irnuiicc of ah) of the terms, j <br />. iovciunis and cundilions of the Note or tins Mong.igc, Mnneagee stiall exc-cuic and dclocr a Fartuf Release of ! <br />M«»rtg;ige releasing one ol the pl.ittwd lots desuifv.I in this Morigagc and dcsigiuicd b> Munc.ig. rs from the lien ' <br />Ilf tins Morig.ige. | <br />PKI:M1I:R DluSKiN A Dr.ULOPMl.N 1 . 1 1C <br />.SIAH:OI MINNISOIA ) <br />).SS. <br />COUNIYOrilENaNHIN ) <br />j The foregoing .nstruiiK’iit wav acknowkd;;ul K'lore me this <br />! “ <br />day of............................ 20t)I, by I <br />of Pieiiitcr Desigti A Devcinjmicnt, LLC, H liliukd <br />Ihituliiy cnmp.nny under the laws of MmueSMia, uii Uiialf of the liimicd Iwliiliiy company. <br />N'lUiy Puhlic