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201200337 Security Inshumenl, whether or nol (hen due. "Opposing Party" means fhe third party [La[ owes Borrower Miscellaneoas Proceeds or tlie pu'ty agauist whom Rorrower has a righl of action in regard to �tiscellaneous Proceeds. � Bnrruwer shall be in default if any action or proceedi�g, whether civil ur criminal, Is beg�n thaf, in I.euder's jadgment, could result ln fo�fei[urc of the Property or other mnLeiial impairment of Lendcr's intcrest in the Property or rights �mder this Security lnslrumenL liorrower can cure such a default and, if acceleration has nccurred, �einslale as provided in Sectio�r 19, by causing the action or proceeding tu Le dismissed wiili a riiling tl�af, in Lender's judgment, precludes fnrfeiture of the Yroperly or other ma[erial i�upaim�cnt of Lender's intcrest in the Property or rights under lhis Securtty lnstrmnenL The proceeds of any award or claim for damages that are attribatable to t}ie ia�pair�uenL of Lender's interest i�� the Property arc hcre6y assigned and shall 6e paid to Lendei�. All Miscellaneous Yroceeds tha[ are not applied to restoralion or repair of the Property shall be applied i��tlie order provided far in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of tlic Ume for paymcnt m � modificatlon of amortization of tlie sums secured by this Sceurity Inshvment gran[ed by Lender to Borruwer or auy Successor in Interest of Borrower shall �o[ operate to release (he liability of Borrozver or any Successu�s in Inlerest of Borrower. Lender shall not be required ro commence proceedings against any Successoi in Interest of Borrower or to refuse to extend 6me for payme�f or otLerwise modify amortizalion of lhe sums secured 6y Wls Secm9ly lnstrument by reason of any demand ma6e by the original Borrower or any Successors in Interest of Borrower. Any forbeara�2ce by Leeder in exercising arry right or remedy including, without limitation, Lender's accepkance of payments from third persuus, enlltles or Successors in � lnterest of Sorrower or in amounts less Hian the amou�t [ben due, sl�all not be a waiver of or prcclude thc excrcisc of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Burrower rnvenants and agrees tLat Buixowei�'s obligations and liability sttall be joi�ri and severaL However, any Eorrower who co-signs tlris Security Instrimient but does not execute We Note (a "co-signer"): (a) is co-signing this � Secarity instromenf only to mortgage, �rant and convey the co-signer's interesl in the Properly ivtder tlie Lerms of tl�is Security lnstrumenl; (b) is not personally obligaled [o pay [he sums secured by this Security Insfrumenh and (c) agrees tliat Lender and any oUier Bo�rower can agrce to extend�, modif'y, tbrUear or make any accommndafions wikh regard to khe terms nf this Security Instrument ur tt�e Note witl�out lhe co-signer's curisenL Subjecl tu the provisiuns oF Sectiun 18, any Successur in InLeresL of Bon'ower wl�o assttme�s Borrower's obligatlons under this Se�curlty Instrumen[ in wriflng, and is approved 6y L,endcr, shall obiain all nf Burrower's �ights nnd 6enefils under this Security InslrumenL Borrower sliall not be released from Borrower's o6ligations and liability under [his Security Instrument unless Lender ngrees (u such release in writing. '1'he covenants and agreements of this Security Ins[rument shall bind (except as provtded in SecCion 20) and benefit the successors and assigns nf Lender. 14. LOan ChefgPS. Lender may charge Borrower fees for se�vices perforiroed iu connection with Borrower's default, for the purpose nf protecting Lender's interest in lhe ProperLy a�d righLs under Wis SecurlLy lnslramenl, includvig buL�ol IimiLed lq attorneys' fees, properLy 3nspectlon and vahia[ion fees. In regard to any other fees, tl�e abtence of express audiority in this Security Instrument to charge a spccific fee ro Borrower shall not be consfrued as a prohibition o� the charging of suc1� fee. Lender may not chuge fees [hat are expressly prohibited by this Security Inshument or by AppLicable Law. UUll2[8206�3 [001122020409] NE�R/15K11-Singlc FamilgFanmc MaciRCatlm Mac 11NiFORM W STRIIMENT WITN MERS (oim 3028 1l01 VMP OO . VMP6AME)(itO5j.00 woltea Kluwer Financial5e�vtcas Voge li of t]