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201200339 any award or claim for damages that are athibulablc to the impairment of Lcnder's interest in the Prnperty are hereby assigned and shall bc paid to Lender. All Miscellaneoos Proceeds that xre not applied to restnration or repair of the Property shall be applied in[he order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. F.xt�nsion of the time for payment or modificaTion of amortiiation of the sums securcd by[his Security [nstrumenl granted by Lender to Borrower or any Successor in Interest of Borrowcr shall not operate to release the liabiliry of' Borrower or any Succcssors in Interest of Borrower.Lender shall not be rcyuired to comtnence proceedings against any Successor in Tntcrest of Borrower or t��rufuse to extend time for payment or otherwise modify amortiza[ion nf the sums secured by this Security Instrumcnt by reason of any demand made by the original Borrowcr or airy Successors in Interest of[3orrowcr. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptancc of payments from third persons, enlilies or Successors in Interest of Bonower or in amounts less than thc amount dien due.shall not bc a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Boiroticr covenants and agrees that Rorrower's obligations and liability shall be joint and severaL ►lowever,any Borrower who co-signs this Security Instrument but does not execute the Note(a"co-signer"): (a) is co-signing this Security Instrument only lo mortgage,grant and convey the co-signer's interest in the Property m�der the terms of this Security Instrument (b) is not personally oUligated to pay the sums secured by this Security instrument; and(c) agrees[hat Lender and any other Borrower can agree to exlcnd,modify,forbear or make any accommodations with regard lo the terms ofChis Security Instn�ment or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interes[of Borrower who assumes Borrower's obligations under this Security lnstrument in writing, and is approved by Lender,shall obtain all of Borrower's rights and bencfits under this Securiry Instrument. Borrower shall not be released from Borrower's o6ligations and liabitity nnder this Security Instrument unless I,ender agrees to such release in writing. The covznants and agrccments of this Security Instrument shall bind(except as provided in Section?0)and bencfit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's defaolt, for the pttrpose of protecting Lender's intcrest in the Property and rieh[s under tttis Security Ins[rutnent, including,but not limitcd to,attorneys'fees,property inspection and valuation fees. In regard to any other fees,the absence of express authority in this Securiry Insuumentto charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge f'ees that are expressly prohibited by this Security Instrument or by Applicable La��. If the Loan is subject to a]aw whieh sets maximom loan charges,and that law is finally inlcrpreted so that the interest or other loan charges collected or to be collected in conncction with the Loan excecd the permitted limits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce thc charge to the permitted limit;and(b)any sums already collected trom Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to mxke this refund by reducing the principal owed under the Note or 6y making a direc[payment to Borrower. �f n rcfund redttces principal, lhc ivsase�s�s NEERASKF.-Single FamJy-Fannie Mae/Fretltlie Mac UMPORM INSTRUMENT �y,�y� Po�m 3028 1/�1 VMPRi � �9/1� Woltersl4uwerRnanaal5emces 201112154 0 0 0 4�G2J20110209V Imlials � PagelloH% I IIIIIII IIIIII IIII IIII IIIII IIIII IIIII IIIII IIIII�II�I�I��IIII IIIII IIIII IIIIIIIIII IIIII IIII IIII