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200109166
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200109166
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Last modified
10/14/2011 9:36:46 AM
Creation date
10/20/2005 10:09:49 PM
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DEEDS
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200109166
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200:109166 <br />acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be <br />dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material <br />impairment r Lender's interest hahare attributable to the impairment Security interest in the Property <br />any award or claim for damages <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that are not 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 <br />of the sums secured byNh s Security InsErument granted time for <br />payment or modification Successor i <br />to Borrower or any Interestof Borrower. Lender shall no be operate rquired toecommencelproceedings against <br />or any Successors <br />any Successor in Interest of Borrower s Security refuse to e Instrument by reason ofoany demeand made by the modify original <br />amortization of the sums secured y right or <br />Borrower or any Successors <br />limitation, oLender''s acceptance o payments from third persons anentit es or <br />remedy including, <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver o or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower rrcove who <br />and agrees that Borrower's obligations and liability shall be joint and several. gHowever, any <br />co Borrower <br />this <br />Se signs this Security Instrument but drant and convey he co-signer's interest in the Property under the <br />Security Instrument only to mortgage, g the sums secured by this Security <br />terms of this Security Instrument; (b) is not personally obligated to pay <br />Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard to the terms of this Security Instrument or the Note without the <br />co- signer's consent. Successor in Interest of Borrower who assumes <br />Subject to the provisions of Section 18, any roved b Lender, shall obtain <br />Borrower's obligations under this Security Instrument in writing, and is app Y released <br />all of Borrower's rights and benefits under th sl Security Instrument unless rLender agrees t oesuch re ease n <br />Borrower's obligations and liar bility y <br />writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed d connection tion with <br />h s <br />Borrower's default, for the purpose of protecting Lender's interest in the Property and valuation fees. <br />Security Instrument, including, but not limited to, at fees, property inspection <br />In regard to any other fees, the absence of express authority in this Security Intrument to charge a specific <br />fee to Borrower shall not be construed as a prohibition on the charging of such e Law, Lender may not charge <br />fees that are expressly prohibited by this Security Instrument or charges, App <br />If the Loan is subject to a collected maximum <br />o be lcollect dn connection with thelLoaninterpreted ceed the <br />that the interest or other loan charges to reduce the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary <br />charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted <br />limits will be refunded to Borrow ri • Lende pay ent choose <br />to tBor Borrower. If refund rfud reducesg principal, principal <br />owed under the Note or by making repayment charge (whether or not a <br />reduction will be treated as a partial prepayment without any p] such refund made by <br />prepayment charge is provided for under the Note). Borrower's acceptance of any <br />direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notices Lender connection Security Instrument <br />must be in writing. Any oiceto Borrower n connection this Security Instrument shall be deemed to <br />have been given tot by other means. Notice e t first <br />any one Borrower hall constitute delivered <br />otice o all Borrower's <br />notice address b sent by <br />unless Applicable Law egnatesdl a substitute notice, address notice Le der. Borroweroshall promptly <br />unless Borrower has designate <br />notify Lender of Borroweorrowerg hall only report a change offaddreswthrough thatrspecified pro edure <br />change of address, then B <br />Initials: <br />Form 3028 1101 <br />Page to of 15 <br />-6(NE) (0005).01 <br />® a4 <br />
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