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132777076v2 <br /> <br /> <br /> 15 <br /> <br />by the Mortgagee, for which the Mortgagee is entitled to indemnity, may, at the Mortgagee’s <br />option, be added to the indebtedness secured by this Mortgage. <br />Section 4.7 Construction Mortgage. This Mortgage constitutes a construction <br />mortgage as defined in Minnesota Statutes, Section 336.9-334.