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��15��133 Security Instrument,whether or not then due. "�ppos�ng Par�y"means the third party that�wes Borrower Misc�tlaneou�proc�eds ar the party aga�nst whom�arro�ver has a r�g��of actio�in regaxd-to Misce�lane�us Proceeds. � Borrower sh�ll be in default if any action�r procee�ing,whether ci�il or criminal, is begun that,in Lender's judgment,c�u1d result in farfeitu�re of the Froperty ar�ther material impai�rment of Lender's interest in the Property or rights under this 5ecurity Instrument. Borr�w�r can cure such a default and, if acc�leratian has �ccurred,reinsta�e as provided in Section 1�,by causing the ac��on or proceeding ta be dismissed with a ruling that, in Lender's judgment,prec�ud�s farfeiture�f the Praperty or other material impairment�f Lender's�nterest in the Property or righ�s und�r this Secur�.ty Instrument. The proc��ds of any ativard or c�aim for damages that are aitri.butable to the impair�ment of Lend�r's interest in the Property are hereby assigned and sha�l be paid to Lender. A�1 Misce��aneous Praceeds that are not appl�ed to restoration or repair of the l�roperty sha�l be appl��d in the order pro�ided for in Section�. 'I 2. Bvrrower Nat Released;For�ear�anceBy LenderNat a llllai��r.Extension of the time far paym�nt or madification of amortization af the sums secure�by this Security Instrume�t granted by Lender to Borrower ar any SuGcessor�n Interest�f Bono�rer shall not operate to release the 1i�bility of Borr�wer or any Successors in Inter�st of Borrower. Lender sha11 not be required to cotnm�nce proceedings against any . Successor in Interest of B�rrower or ta refuse to extend time for payment or otherwi�e n��dify amorti�ati�n of the sums secured�y this Security Instrument by reas�n of any demand made b�the or�ginal Borro�ver or any Successors in Inter�st of Borraw�r.An�forbearance by Lender in exerc�sing any right or remedy including,v�ithaut�imitat�an,L�nd�r's acceptance of payments from third persons, entities or Successars in Interest of Borrow�r or in amaunts less than�he amount then due, sha11 not be a�vaiver of or preclude the exereise af any ri�ht or remedy. 13. Joint and Se�eral L�a�ai�ity;�v-si�ners;5uccessar�and AssignsBvund.B�rrower covenants and agrees tha�Barrower's obligations aad liability shall be joint and s�veral. Hawever,any Borrower who co-signs this Security Instrument but does not execute the Note(a"co-s�gner"3: �a}is cQ-signing this Securi�y Instrument only to martgage,grant and con�ey the co-signer's�nt�rest in the Property under the terms of�his Security Instrument;�b)�s not p�rs�na��y obtigated to pay the sums se�ured by this Security Instrument;and�c)agrees that Lender and any other Borrawer can agr�e t�extend,modify,forbear ar make any acGommodations with regard to the terms of this Security Instrum�nt�r the Note�vithout the c�-signer's � consent. Subject to the pro��sions of S�ction 1 S,any Succe�sor in Inter�st of Barrower tivha as�umes Bonawer'� obli�ations under th�s 5ecurity Instrument in writing,and is approved by Leader, shall obtain all of Barrower's rights and�enefits uader this Security Instrumen�.�3arrower shatl not be released from Bortawer's obl��ations and liabi��ty under this Security Instrument unless Lender agrees to such release in writing. The co�enants and agreem�nts of this Security Instrument sha11 bind(exc�pt as provided in Section 2�}and benefit the successors and ass�g�s af Len�er. '�4. Loan Charg�s.Lender may charge Borrower fees for services performed in connection with Borrower's defau�t, for the purpose of protecting Lender's interest in the Property and ri�hts under this Security Ins�rument, including,but not limited to,attorneys' fees,�raperty inspection and�aluation fees.In regard to any other fees,the absence of express authority in thi�Security Instrument to charge a spec�fic fee to Borrawer sha11 not be co�.strued as a prohibition an the charging of such fee. Lender may not charge fees that are expr�ssly prohibited by this Security Instrument or by Applicab�e Law. - hIEBRAS�CA�ingle Famiiy-Fannie MaelFr�eddie Mac UNIF�RM INSTRUMENT WITH MERS Fom�3�28 1141 VMP� VMRBA�NE}4'f342}.44 Walter�Kluwer Financial Senrices Page 11 of 17 q43335g18262 ��33 256 1117