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MM I All! It <br />Af 1|H net UftiNTJi li TO <br />OflCAT WrfSICMH MOMICAGt COATOIIATION <br />r O 90% fl3M <br />i— Artfi—. CA not I <br />• ' • e ir r —. •, <br />• • • <br />J <br /># • <br />fr* <br />• .* • <br />a ^ <br />.JaJK* <br />r <br />•J <br />• <br />* % <br />4' • <br />' / <br />i •u <br />• a <br />STAC£ ABOVE TIIIS LINE rOfl BECOflOlHO DATA. <br />MORTGAGE <br />^lUS MORTGAGE rSecutily li»itiu»nenf"| it givtn on Augutt 10, 199B <br />tlic moflgagor it NATIIAUC GRAY, AN UNMARnfEO TtRSON <br />Ti»t S€cuMty Inttfument it gTvtn fa <br />GREAT WESTERN MORTGACi C0RT0RATW5N. A DELAWARE CORPORATION <br />COUNTY CODE; 027 <br />OmCE NUMBER: 37f <br />LOAN NO.: 1 638914 2 <br />r6orfo«ttr*|. <br />wlMcIt it orgtfWfeii mv| e«ittn«g ftw? f.iwt i.f THE STATE OF DELAWARC . «ihJ Mliott Mlditst it <br />945f COtmiN AVENUE. NORfimtOGE. CA 91321 <br />("Ltltdef*1. 0o«iOW<C« OMrCS Lc*»tlrr» tl>« |H«nc*p<tl »«Hit of <br />NINCIY NINE THOUSAND NINE HUNORFO AND 00/100 <br />Df4l;irt fli S 199,900.00 ) lint flchi l« evtiirttced t>y Rotrowter s rmic Ualcd H»c tAme dale •§ tint Security <br />CINole'l. winch r»ovHl<?$ Im mmilNy iiAymenlt. willi llie fuH debt, if ftol paid •trlM'f. due mvf puyatile on <br />SepiembfH 1. 2025 mid lor inlcrctl at the yearly rate ol 7 900 percent Tint Security Inttnenent secure! lo <br />leiMler: lal lire repayinent ol ll»e rfrhi cvidtiiied hy ll.e Mole, wilfi inlerctl. nod all icnewalt. CHlontiont and <br />Miorlitictt'rHit of ll*r* Note. Pd ihe I'.^yMteoi ol nW oihrr <;<Hns. with iiiloresl. advanced laultN Paiayrafili 7 to protect ll»e <br />teC’Mtty ol Hms Src*e»ty ti«slMiM«cnl. aimI (cl IIh» |ictliMmanca of Oo«rc>virer‘t covftrUMitt and aoreernenit under lliit <br />SeciHity Insirtanefti and tli# Mole fot |lwt |NM|iose. Oorinwer do€t liercby mortgage, grant and convey to lender tli« <br />loBowing detcrilted propefly located e» IIENNEriN Counly. MnNietola! <br />THE NOnilltRLY 100 TEET OF THE WESTERLY 177 FEET OF LOT 10. ORCIIARO <br />PARE. HENNEPIN COUNTY. MINNESOTA. ACCORDITiG TO THE RECORDED PLAT THERE <br />or. AND SITUATE IN HEFiFJEPtN COUNTY. MINNESOTA. <br />riN/TAX lU: 32 110 23 23 0007 <br />vvtycti ties U« address of 480 ORCHARD PARK ROAD <br />OnONO <br />Miiwwtota 65350 rProperty Addrats*): <br />TOGETHER WITH aO itie Improven.enit rww or hefealler erected on (he properly. atHl all easeinenit. appixtenances. <br />aiHf fi.iuios rovy or hereafter a part of lire tHofieily. All iridacementt and mldiliont thall also be covered by llus Secuiiiy <br />btstaanciit All ol Ihe foregrMng is fclerred to ni Ihi. Secuuly Instruinent as the "I’ropcity.* <br />normowER COVEMAMIS Ih.u Ooirowrr is lawfully tciscd of llm etialo hereby convoyed and has tlie rlylil to <br />tncnij'vir yi.iMi ,‘vmI convry (he Prn|irily ntnf that llie Prr»pci|y if uneitruinlierefl, e«i ept for enCunilM.viret of record. <br />D.wfowcr vy.sriaiils nml w.ll defenri oerrci.illy Iho UUe to the Propeity against all claims ainJ demands, tulriecl lo any <br />anctMiiltrAirces ol record <br />THIS SECUnilV IMSTnUMEMT con.lnnes undarm covenants lor national use anej norrunifotin covenants with Hrnitad <br />variations by juiisdiclion to conslilule a uniform tccurity instrument covering real proptMy. <br />UMirORM COVEHAMTS BoMower pihI LciMier covenant and agree us follows: <br />1 Payment of Piincipal aiul bilortst: Prepayment and Lata Cliatges. Oonnwer shall promptly pay when due (lie <br />imncipal ol and M.ie.esi on llie debt eviilenced by Hks Mote ainl any prepaymcnl and lale diaigcs due larder (Ire Nole. <br />2. fuiMls for Taits and Insmance Suh(cct lo applicable law or to a written waiver by lender. Borrower shall pay to <br />lei fer on Ihe iMy nmniUy p.iymcnfs are due iHiiler llie Note. iniIiI llto Mote Is paid in lull, a sum rFunds") for: |a) yearly <br />t »«cs an.J as^estmculs whir l, may attain |>nonty over this Secuiiiy tnsiniment ns a Imm» on the Property; (h) yeaily <br />leasehold paymenis or groun.1 rents on H.e Proppily. if any; (c| yearly ha/artI or piopcrly insurance picnment; (rl) yearly <br />IIOWJ irtsurance prnn.u.ns. d any (e) yr.^iiy moritjage instaance premiums, if any; and Iff any sums payable by Borrower <br />lo ciM er. in accordmee vvilh the provisions ol Parngiaph 8. in lieu of Ihe payment of mortgage insurance premiums. <br />icte items are calierl Escrow lierni lender may. at any tune, colleci ainl liolJ runds in an amount no! to exceed Ihe <br />maiimtjni amount a lender Irr a Icdeially related mortgage loan may requiie for Borrower's escrow account ui,der the <br />f’‘»ccduies Act of t97«1 as nincmied horn time lo hmo. 12 U S C. I 2601 af sag <br />11 r ^ irmounl. II so. lender may. al any lime, collect and <br />lo un# % in an amount not lo evreed Ihe lesser nmount Lendei may estimate tlie amotnil ol Funds due on Ihe basis of <br />curren t a a e»v icasonaUe estimates of expenditures of future Escrow Items or otherwise in accordance wIlli applicable <br />law. <br />I.w/'i* I”’''' <'-P0»-U ».e insuifj Uv o le.tcial nurncy. ot enlily <br />iKl^J.og lendci. H leiMjpf <s ,uct. or in any retloial Moina loon Oanl. lender tl.atl apply lira Furrdi to pa/ <br />* ** * er nr.-*/ iinl r.luri^]. norrtrwcr Itir lioldrng araj applytrrp lire rnnrja, nitiiii.'rlly analy/lrrg Ilia escrow <br />' ^ ^"'0 I *e irrow Itrrrrrs. nirtcst lerMler p.ays Oorrowor Ititcre.l on llitr Trintls ■•rnd npiilicaltln l.iw portntls <br />Ir... rr n .n.,lc .....I. a rl,.„u- llnwnvcr. Ir.Hlr-r rr.ay rorpriro Rlrrower lo ,..iy .. ...... nr, i..,|ppo.,.lrn| real <br />es « 1.1. .c..o.r...y scrv.ee nse.l l.y lender ... cn....ect.on v,.,.. lie, loi„, ,,„le,s n|.|,l.c.s|.|.: I.sw provdes ollrerwise <br />U..eii S.r riu.cc...enl rs ma.Io o. a|rpl.cal.le l.sw re.|.».cs inlc.csl lu i,c ..11,1. Icnrler slr.ill rml bo lerprrre.l lo pay Dorrower <br />an/...lores o. *’'--l» xr. II." rn.,.l, n.|.rower «...)! C...I.., ...ay agree in w.ilir.o, l.owevc, llr.ll ir.lr.csl slr.sll Im p.slj or. <br />'nr .^*' 7 .* «■"«>'" clr-Koc. on armnal accniaili.H) of ll.e I .....I,. sl.nwiiro c.cJils a..d delrils <br />..... OlllfOPM IfISinuMtfU ronn 30Zi S/90 Cpap. / of vat,I <br />6 <br />8XM1BIT D