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200207114 <br />acceleration has occurred, reinstate an provided in Section 19, by causing the action or proceeding to be <br />dismissed with a mlimg that, in Lender's judgment, precludes forleimm of The Property or other material <br />impertinent of I rndor's interest in the Property or rights under this Security h awment_ The proceeds of <br />any award or claim for damages that are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned and shall be paid to Lender. <br />All Miscellaneous Proceeds that arc 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 By Lender Not a Waiver. Extension of the time for <br />payment or modification of ancermation of the sums secured by this Security Instrument granlW by Lender <br />to Borrower or any Successor its Interest of Borrower shall not operate to release die liability of Borrower <br />or any Successors in Interest of Borrower. Linder shall not be required to cormnwte proceedings against <br />any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify <br />amortization of the sums secured by this Security Instrument by reason of any demand made by the original <br />Borrower or any Successors In Interest of Borrower. Any torearance by lender in exercising any right or <br />remedy including without limitation, Lender's acceptance of payments from third persons, entities or <br />Successors to Interest of Borrower or in amounts less than the amount their one, shall not be a waiver of or <br />preclude the exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants <br />and agrees (bar Borrower's obligations and liability shall be joint and several. However, any Borrower who <br />mamas this Security ]ustmment but does not execute the Note (a "w - signer "): (a) is to signing this <br />Security Instrument only to mortgage, grant and convey the co- signers interest in We Property under the <br />terms of this Security Imsaumem: ITT is not personally obligated to pay the sums secured by this Security <br />Instrument; and (c) agrees Wat Lender slid any other Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard to the terms, of this Severity Instrument or the Neste without the <br />co-signer's consent. <br />Subject to the provisions of Section 18, any Successor it Interest of Borrower who assumes <br />Borrower's obligations under this Security <br />nde Instrument its writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and benefits miler this Security sir ment unless Uu shall not be uch role Truro <br />Borrns. T obligations ono liability order role is Secy Imtrumrm ens shall bin agrees to am:h release in <br />welting. The covenants the agreements Lesions Is Security Instrument shall bind (except as provided In <br />secri 1 . Lan Charg the Under and gB or Lender. <br />l4. Loan Charges. a peat may protecting Borrower fees for interest services <br />the property a in ights nee with <br />Bmurity Is trume t for the purpose of limned to Lrndcr'sfees, in the property and rights under this <br />Security Instrument, fees, the but not limited sec tnmeysi fees, property inspection and valuation fees . <br />fee regard tBo to any usher lees. the construed of express authority t in this ingot s ch fee. Instrument m charge o specific <br />fee to Borrower shall not be ced by as a prohibition on the r by App is bye fee. Lender may nut charge <br />f That e l expressly jest to a l by this sets Instrument or err Applicable Law. <br />If the Ivan is other l a a law which seta maximum loan charges, and that law is finally interpreted he so <br />that rte interest or other loan charges an charge or to be redo ed in the amount with the Loan reduce the <br />course to limiter fitted (a) any such loan charge ready he reduced by the rower necessary to reduce the <br />charge i me permitted Ito B and er any d a already se to arrive from But which exceeded permitted <br />limits will be is, Noted to Borrower. Londe nay, centre to nuke this refund by reducing the principal <br />roved under will Note or as a making <br />parts a piece[ payment m Borrower. If a rcfithA charge (whether principal, the <br />reduction will be treated id a proud prepayment without any acceptance charge (whether In net a <br />prepayment t payment charge is provided for under the Note). Borrower's of Bo of any such refund mode by <br />direct overcharge. <br />ro Rtrmwn will constitute a waiver of any right of adios Borrower might have arising ore <br />of such nvcmhargc. <br />15. Natim. All chaicess given by Borrower or Lender its conduction with this Security Instrument <br />must he in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to <br />have been given to Borrower when mailed by lint class mail or when actually delivered to Borrower's <br />notice address it sent by other means_ Notice to any one Borrower shall constitute notice to all Borrowers <br />unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address <br />unless Borrower has designated a Substitute notice address by notice to Lender. Borrower shall promptly <br />notify lender of Borrower's change of address. It Lender specifies a procedure for reporting BOmhWm'S <br />change of address, thm Borrower shall only report a change of address through that specified procedure . <br />100 6G(NE) muo5, 11y, 10 1115 Farm 3028 l /nl <br />VIII))/, <br />