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200100732
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Last modified
10/13/2011 11:50:53 PM
Creation date
10/20/2005 7:52:14 PM
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200100732
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JAN -25 =2001 THU 02:14 PM WELLS FARGO HOME MTG FAX NO. 402 536 2230 <br />200100732 <br />P. 24/30 <br />acceleration has occurred, niustate as provided in Section !9, by causing the action or proceeding to he <br />dismissed with a ruling that, in Lender's ud , <br />impairment r Lender's interest in the Propertty ortrights tinder this Security Instrument. The proceeds Precludes forfeiture of the Property or other material <br />any award or claim for dtrnages that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to lender, p of <br />All Miscellaneous deed or i that are nut applied to restoration or repair of the Property shall be <br />applied in the order provided for in Section 2. <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification of amortization of the sums secured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower sliall not operate to release the liability of Horrower <br />or any Successors in interest of Borrower. Lender shall not be required to commence proceedings a ainst <br />any Successor in Interest of Borrower or to refuse to extend time far a <br />amortization of the sums secured by this Security Instrument by reason of any demand made b the original <br />payment or otherwise modi[y <br />Borrower or any Successors in Interest of Borrower. Any forbearathce by Lender in exercising an on <br />remedy including, Y Sinai <br />S, withuut limitation, Lender's acceptance of payments from third persons, entities of <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a Waiver of or <br />preclude the exercise of any right or remedy. <br />Ire Joint and Several liability; Co- signers- Successors and Assigns Bound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower Xvho <br />co- sighs this Security Instrument but does not execute the Note (a "c()-signer"): <br />Security Instrument only to mortgage, grant and convey the co- signer's interst in the)Property co-Signing oe this <br />terms of this Security Instrument; (b) is not personally obligated to pay the scans secured by [his Security <br />Instrument; and (c) agrees that Lender and any other Borrower can a • under the <br />n,akc any acco,nmodatioths with regard to the terms of this Security Instrument or the Note without the <br />agree to extend, modi ty, forbear or <br />eo- signer's consent. <br />Subject li the provisions of Sealy I 18, any Successor in Interest of Borrower who assurrt - <br />13ormwer's obligations under this Security Instrument in writin <br />all of Borrower's rights and benefits under this Security instrument. Borrower shall not be released from <br />g, and is approved by Lender, shall obtain <br />Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release <br />writing. The covenants and agreements of [his Security Instrrnnertt shall bind (except as <br />Section 20) and benefit the st►ccessors and assigns of Lender, to <br />14. Loan Charges. Lender may charge Borrower fees for services performed i p provided in <br />Borrower's default, for the purpose of protecting L ender's s for r the Property and rights undo <br />Security Instrument, including, but not limited to, attorneys' fees, Property n connection with <br />In regard to any other fees, the absence of express authority ' this Security Instntment to charge r this <br />fee to Borrower shall not be construed as a prohibition on the this Security of such tniment and valuation fees. <br />fees that are expressly prohibited by this Security instrument on the <br />or charging Applicable Fee. a specific <br />Lender ahoy not charge <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted sr <br />that itt: interest or other loan charges collected or to be collected in connection with the Loan exec <br />permitted limits, then: (a) any such loan char p <br />charge to the permitted limit. and be shall be reduced by the amount necessary to reduce the <br />limits will be refunded to Borrower. Lender may choose to rnakc this refund b reducing any sums already eollectcd from Borrower which exceeded permitted <br />educ under the Note or by making a direct payment to Borrower. 11 a refund reduces principal, the <br />reduction will be treated as a anial Prepayment without any y c,rn� the Principal <br />prePaY,nent charge !s provided f r unde tho Note). Borrower's acceptance of any such refund mad <br />Y prepayment charge (whether or not a <br />direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising o <br />Of such overcharge. a by <br />IS. Notices. All notices ,given by Borrower or Lendet in connection with this Security Instrument <br />must be in writing. Any notice to Borrower in connection with this Security Instrument shall he deemed t <br />have been given to Borrower when mailed by first class nhail or when actually delivered to Borrow Instrument <br />notice :address !f seat by other means. Notice to tuty one Borrower shall constitute notice to all Borrow o <br />unless Applicable Law expressly requires otherwise. ' cr s <br />unless Borrower has designated a substitute notice address n notice r Lender. Borrower spar cry <br />fhe notice address shall be the Property address <br />notify Louder es Borrower's change of address. If Lender specifics a procedure for reportin � Bo <br />charge of address, then Borrowers only report a change of address through that specified 1 promptly <br />b Borrower's <br />procedure. <br />�� 61NE) r000;,i <br />r•:,oe 10 or is 1114'el <br />Form 3028 1 /01 <br />
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