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2� 1 ��315� Borravv�r shall b� ir� default �f any acti�n or pr�c�eding, v�hether ci�i� or�riminal, �s �egun that, in Lender's judgment,Cauld result in forfeiture of the Property�r��her material impairment of Lender's interest in the Proper�y ar righ�s under this Securxty Instru.ment. Borrflwer can cur�such a default and,if acce�eration has occurr�d,reinstate as pr��ided in Se��ian 19,by causing the ac�i�n or proceeding to be disrnisse�with a ruling that,in Lender'�judgment, precludes f�rfeiture of the Property or��her material impa�r�ment nf Lender's interest in�he Property or rights und�r this S�CU.rI�IriS�l,1I17��'l�.The proceeds�f any award or claim for damages that are attributa�le to the irnpairmen�of L�nder's inter�st�n the Property are hereby assigned and sha�l be paid t�Lend�r. Aii Misce�lane�us Pr�ceeds�hat are na�applied to res�oration or repair of the Praperty shall be applied in the nrder pro�ided for in Se�tion 2. 1�. Borr�wer I1Tot R�lea�ed; F�rbearan�e By L�nder Not a Wai�er. Ex�ension of the �irne for payment �r modification of amortizatian of the sum� secured by this Security Instrument granted by Lender ta Borrower ar any Successor in 7nterest of Barr�wer shall not oper�te t�release the liabiiity of Barrovver or any Successars in Interest of B�rrower.Lender shall nat be required tv commence praceedings against any Success�r in Interes�of Borrow�r�r to refus�t�extend tim�for payment ar otherwise modify amvrtization af the sums secured by this Security Instrument by reasan of any demand made by the ori�inal Borrower or any Successors in Interes�af Borr�v�er.Any farbearance by Lender in exercising any right or remedy inciuding, �vithout lirn�tat�on,Lender's acceptance of payments fram�h�rd persons,entities or Suc�essors in Interest af Borrower or in amoun�s less�han the amaunt then due,shall not b�a wai�er of nr preclude�he exercise of any right or remedy. 13.J�int and Se�eral Liability�Co-�igners;Suc��ssors and Assigns Bound.Barrower covenan�s and agrees that Borrower's ob�iga��ns and liability shall be join� and se�eral. Howe�er, any Borrower who co-signs this S�curity Instrument but does not execute the Nate�a"ca-signer"}:�a�is ca-signing this Security Instrument only to mor�gage, grant and convey the co�signer's interest in th�Praperty und�r the t�rms of�his Security Instrumer�t;�b}��not p�r�onally o�ligated to pay the sums secured by this Security Instrurnent;and�c}agrees that Lender and any o�her Bnrrower�an agree to e�tend,modify,forbear or mak�any aCcommadations with regard to the terms of this Security Instrument or the N�te without the ca-signer's consent. Subject to the provisions of Se�tion 18,any Successor in Interest of Borrower�h�a�sumes Borrower's o�Iigatians und�r this Security�ns�rument in writing,and is approved by Lend�r,shall�bta�n ali of Borrflwer's rights and benefits under this Security Instrument. B�rrower shal� nat be released from Borrawer's obligations and liabi�ity und�r this Security Instrument unless Lender agrees to such release in wri�ing. The co�enants and agreements af this Security instrument shali bind�except as prvvided in Section��}and benefit the suecessors an�assigns of Lender. 14.Loan Charges.Lender may charge Bvrrow�r fees for ser�ices perforrned in conne�ti�n with Borrower's default, for the purpose of protecting Lender's interest in the Pr�perty and rights under this 5ecurity Instrument,including,but no�limited ta,attorneys'fees,property insp�ction and�aluation fees.In regard to any other fees,the absence�f express au�h�rity in this Security Instrument to charge a specific fee to B�rrow�r sha�1 no�be constru�d as a pr�hxbition an the charging of such fe�. Lender rnay n�t charge fees tha� are expressly prohihited by this Security Instrument or by App�icable Law. If�he Loan is subj e�t to a 1aw which sets maximum Iaan charges, and that law is finally int�rpreted so that the int�rest�r other l�an charges collected�r to be collected in cannec�ion v�ith the Loan exceed the permitted limits,then: �a�any su�h l�an charge sha�l be reduced by the amount necessary to reduce the�harge ta the permitted�imi�;and�b}an� sums already collect�d firam Borrower which exceeded permitted limits will be refurided to Borro�ver. Lender may Choose t�make this refund by reduc�ng the prin�ipal owed un�er the Note or by making a direct payment to Borravwer.If a refund reduces principa�,th�reduction will be treated as a partia�pr�payment without any prepayment charge�whether vr nat a prepayment charge is pro�ided for under the Note�.Borrower's acGeptance�f any such refund made by ditect payment ta Borrawer wil�c�nstitut�a wai�er�f any right of ac�ion Borrower might ha�e arising out of�uch o�ercharg�. 15.NQtices.Al�notices g��en by Borrower ar Lender in connectian vvi�h this 5ecurity Instrumen�must be in wr�ting. Any notice to Borrawer in connec�ion with�his S�curity�nstrument shall be d�emed to haWe been gi�en t�Barrower when mailed by first class mail or when actually deli�ered to Borrower's no�ice address if sent by other means.Notice#o NE6RASHA-5ingle Farnily-Fannie MaetFreddie Mac UNIF�RM ENSTRUMENT with NiERS Form 3��8 �14� Page 9 of�3 ios,inc.-302�7 Barrowe�ts�Initia!