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201400400
<br />advances (regardless of when made) secured hereby. This Security Instrument shall also secure,
<br />in addition to the maximum principal amount specified herein, disbursements and other advances
<br />made for the payment of taxes, assessments, maintenance, care, protection or insurance on the
<br />Mortgaged Property, for the discharge of liens having priority over the lien of this Security
<br />Instrument, for the curing of waste of the Mortgaged Property, for indemnification obligations
<br />regarding environmental liabilities of the Mortgaged Property, and for service charges and
<br />expenses incurred by reason of a default hereunder, including, without limitation, late charges,
<br />attorney's fees and court costs, together with interest on all such disbursements at the rate then in
<br />effect under the Note, and all other charges, disbursements, advances, costs and expenses now or
<br />hereafter permitted by law. The preference and priority of the lien of this Security Instrument
<br />shall extend to any and all modifications of this Security Instrument or of the obligations secured
<br />by this Security Instrument, except to the extent expressly limited by applicable law.
<br />Notwithstanding the foregoing, Lender shall have no obligation to make any disbursements or
<br />advance any sums as a result of this section.
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<br />FOR MORTGAGED PROPERTY LOCATED IN ILLINOIS
<br />1. Benefits of Act. If any provision of this Security Instrument is inconsistent with
<br />any applicable provision of the Illinois Mortgage Foreclosure Law, 735 ILCS 5/15 -1101, et seg.
<br />(the "Act "), the provisions of the Act shall take precedence over the provisions of this Security
<br />Instrument, but the Act shall not invalidate or render unenforceable any other provision of this
<br />Security Instrument that can be fairly construed in a manner consistent with the Act. Without in
<br />any way limiting any of Lender's rights, remedies, powers and authorities provided in this
<br />Security Instrument or otherwise, and in addition to all of such rights, remedies, powers and
<br />authorities, Lender shall also have all rights, remedies, powers and authorities permitted to the
<br />holder of a mortgage under the Act, as the same may be amended from time to time, subject,
<br />however, to the provisions of paragraph 51 of this Security Instrument. If any provision of this
<br />Security Instrument shall grant to Lender any rights, remedies, powers or authorities upon
<br />default of Borrower which are more limited than what would be vested in Lender under the Act
<br />in the absence of said provision, Lender shall have such rights, remedies, powers and authorities
<br />that would be otherwise vested in it under the Act. Without limitation, all expenses (including
<br />reasonable attorneys' fees and costs) incurred by Lender to the extent reimbursable under 735
<br />ILCS 5/15 -1510, 5/15 -1512, or any other provision of the Act, whether incurred before or after
<br />any judgment of foreclosure, shall be added to the indebtedness secured by this Security
<br />Instrument and included in the judgment of foreclosure.
<br />2. Insurance. Wherever provision is made in this Security Instrument for insurance
<br />policies to bear mortgagee clauses or other loss payable clauses or endorsements in favor of
<br />Lender, or to confer authority upon Lender to settle or participate in the settlement of losses
<br />under policies of insurance or to hold and disburse or otherwise control use of insurance
<br />proceeds, from and after the entry of judgment of foreclosure, all such rights and powers of
<br />Lender shall continue in Lender as judgment creditor or mortgagee until confirmation of sale.
<br />3. Protective Advances.
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